Italy's Monte dei Paschi bank has said it will try to raise €5bn (£4bn; $5.3bn) from investors by year end as it races to avoid a state rescue.
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The Federal Reserve meeting is this week, and I expect that the Fed will continue its policy of hiking rates by at least 25 basis points a year.
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The Big Four accounting firms in the U.S. appear to be getting better at avoiding problems with their audits. The level of deficient audits found by the
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Maropost Inc., a Canadian marketing technology startup, is nipping at the heels of Salesforce.com Inc. and Oracle Corp., going from zero to C$30
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… thesis that they can build their digital business faster than the print business declines,” said Paul Sweeney, an analyst at Bloomberg Intelligence.
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