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Intrepid Mines board survives coup over lost Indonesia mineComments OffShareholders of Intrepid Mines backed their board and its attempt to reclaim rights to a $5 billion copper and gold project in Indonesia, defeating a plan by a private equity investor to oust the board on Thursday. |
Euro ministers to decide direct bank recapitalization rules on ThursdayComments OffEuro zone finance ministers will decide on Thursday when and how their bailout fund can invest in a bank to save it from failure, laying a cornerstone of the banking union seen as vital to restore economic growth. |
Ex-Kleiner partner wants day in court in discrimination lawsuitComments OffA high profile sex discrimination lawsuit in Silicon Valley should be taken private via arbitration, lawyers for venture capital firm Kleiner Perkins Caufield & Byers argued on Wednesday, but the plaintiff, former partner Ellen Pao, wants the chance to tell her story before a judge. |
New bookkeeping rule to priprizese open insurers’ ‘black box’ accountsComments OffAn international bookkeeping regime being unveiled on Thursday will iron out national variants in insurers’ “black box” balance sheets although the transition will take several years and the United States will keep its own, very different rules. |
Ally deal draws limited objections from ResCap creditorsComments OffAlly Financial Inc’s proposed $2. |
