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Wall Street tries to reset debate on activism

New York/ AFP Wall Street is hoping to reset the debate on US corporate governance following a wave of shareholder activism that has challenged many of the biggest companies. Since August, JPMorgan Chase chief executive Jamie Dimon has been working with leaders in finance and investing to hash out guidelines on best practices for corporate governance, according to people familiar ...

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Emirates Securities Market Index up by 0.16 percent

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.16% to close at 4103.90 points. Accordingly the Market Capitalization has gained AED1.06 Billion attaining AED665.7 Billion. A total of 475.98 Million Shares were traded with a total value of 0.55 Billion AED during the trading session of 14-02-2016 through 6181 transactions. The number of companies which has been ...

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Dollar jumps against Yen after solid US retail sales

New York/ AFP The dollar rebounded against the yen as solid US retail sales data and rising oil prices lifted sentiment on global markets after a punishing week. The dollar rebounded 0.8 percent to 113.25 yen around 2200 GMT from the same time Thursday. During the Thursday session, it had fallen to 110.99 yen, its weakest level since October 2014. ...

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