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Entries Categorized as 'Business News'

The Newer Rules of Mentoring

Date February 21, 2011

In 2002 I wrote an article entitled The New Rules of Mentoring for The Wall Street Journal. Nine years later the Millennials have changed the playing field and now we have “the newer rules of mentoring”. The Millennial Generation, born between 1977 and 1998, are the latest generation to enter the workplace. They are 75 [...]

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Shell agrees to sell Stanlow refinery for £219m

Date February 18, 2011

Stanlow oil refinery 300 SHELL has today agreed in principle to sell its Stanlow refinery to Indian firm Essar Energy for £219m. It secures the future of the UK’s second biggest refinery, which employs about 960 people at its Ellesmere Port site. The agreement brings to an end 18 months of uncertainty after a sale [...]

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Stocks Flatline at Kickoff

Date February 16, 2011

FOX Business: The Power to Prosper Wall Street started Friday’s session on the fence as the bulls struggle to add onto their latest weekly rally after China hiked reserve requirements for the second time this year.  Today’s Markets As of 9:33 a.m. ET, the Dow Jones Industrial Average fell 1.28 points, or 0.01%, to 12316.63, [...]

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Why is NYSE selling?

Date February 15, 2011

AP Photo In this Feb. 15 photo, traders work at the New York Stock Exchange. While executives were finishing a deal to sell the New York Stock Exchange to a German rival, the NYSE was locked in a separate, smaller battle with three dozen competitors. The prize was the right to deliver shares of Coca-Cola [...]

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Strong recovery at InterContinental Hotels Group

Date February 13, 2011

HOTELS chain InterContinental saw operating profits jump 22% to £277m in the year to December 31 as business travel started to recover. The group achieved a 6% increase in total revenues of £1.01bn, while net debt shrank from £682m to £464. InterContinental’s Liverpool portfolio comprises the £15m Indigo which is due to open on Chapel [...]

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Zambia KCM To Invest $50 Million In Upgrades At Its Nchanga Mine

Date February 11, 2011

Zambia’s largest copper miner, Konkola Copper Mines is planning to spend at least $50 million to upgrade its Nchanga unit to make it environmentally compliant, the company announced late Saturday. Company spokeswoman Jacqueline Kabeta said that KCM, a unit of London-listed Vedanta Resources PLC (VED.LN) has stepped up plans to fulfill its current and future [...]

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