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Glencore and Xstrata deal draws criticism
Two leading Xstrata shareholders – Standard Life and Schroders – said they would vote against the proposed $90bn tie-up between the miner and the trading house
Greek leaders inch towards austerity deal
Political leaders will consider bail-out terms ahead of meeting with prime minister on Tuesday night
Beijing office rents outstrip New York
Office rents in Beijing have soared over the past two years, making it more expensive to lease prime work space in China’s capital than in New York
Worries about Greece hobble rally
Investors are torn between fears of Greek default and hopes for global economic recovery
Obama backs down on super-Pac funding
US president gives his reluctant blessing to funds from external groups as super-Pacs become increasingly influential in election campaign
Emerging markets bolster Coke
The world’s largest soft drink company by revenues reported a steep drop in fourth-quarter profits, weighed down by earlier one-time gains
UBS issues gloomy outlook for 2012
Downbeat forecast for Swiss group which warns of more structural changes as earnings fall from SFr1.66bn to SFr393m year-on-year
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