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Nestle CEO’s past may keep it from giving up sugar

  Risk is back on, so who needs chocolate? Nestle SA needs to roll with the times, and investors have a lot of optimism that its brand-new Chief Executive Officer, Ulf Mark Schneider, can produce a quick change of gear. He’s certainly got the right background, but the tactics Nestle needs aren’t in his DNA. Investors should tread cautiously. The ...

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World should lend an ear to North Korea’s defector

  A high-ranking defector of North Korean has said that president Kim Jong-Un is planning a ‘prime time’ nuclear weapons push in 2017. The development comes as Pyongyang wants to take advantage of leadership transitions in South Korea and the United States. As per the revelation made by Thae Yong-Ho, who fled his post as North Korea’s deputy ambassador to ...

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Asian non-bank borrowers face $76.4bn of dollar bonds

  Bloomberg Singapore’s commodities-related defaults could turn out to be the canary in the mine. Despite a modest rebound in resource prices, restructuring specialists including KPMG and Hogan Lovells Lee & Lee see more Asia-Pacific commodities and shipping companies being pushed into delinquency. Law firm DLA Piper said there could be choppy waters ahead on rising interest rates and President-elect ...

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