Arch Bank Critic Bowles Set For StanChart Job

By Mark Kleinman, City Editor One of the British members of the European parliament who led a clampdown on bankers' bonuses is in talks to take a job with Standard Chartered, the emerging markets-focused lender. Sky News has learned that Sharon...

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Ex-Apple Worker Named Sam Sung Ebays Name Card

An Apple employee named after the company's arch enemy is selling his business card on eBay. Sam Sung, from Vancouver, Canada, worked at the city's Apple store and has put his staff lanyard and business card up for grabs. They come complete with his...

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British GSK Investigator Gets Jail In China

A British man who had carried out a probe for drugs firm GlaxoSmithKline in China has been jailed for breaking privacy laws. Peter Humphrey, 58, was on trial for breaches which involved illegally obtaining Chinese citizens' personal information and...

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Royal Mail To Change Post Box Collection Time

The collection time at almost 50,000 Royal Mail post boxes will be brought forward to earlier in the day under new plans. Staff delivering letters are expected to make the pick-ups as part of their rounds. Some 47,500 post boxes will see collection...

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Malaysia Airlines Launches 'Complete Overhaul'

Malaysian officials have released a share buy-back plan to take Malaysia Airlines off the stock market, as part of a "complete overhaul" of the embattled carrier. State investment firm Khazanah Nasional, which owns 69% of the airline, wants to purchase...

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Co-op Group Reveals Major Restructure

The struggling Co-operative Group has announced plans for reform of its governance structure. It said the executive board would be reduced from the current 18 positions to an interim of nine, ahead of a final tally increase to 11 members. The changes...

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GSK Close To Luring RBS's Hampton As Chairman

By Mark Kleinman, City Editor GlaxoSmithKline (GSK), Britain's biggest drugs company, is in advanced talks to recruit Sir Philip Hampton as its next chairman, an appointment that will coincide with his exit from the state-backed Royal Bank of Scotland...

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New House Of Lords Appointments Confirmed

The Apprentice star Karren Brady and former Eastenders actor Michael Cashman are among 22 people who are to be appointed to the House of Lords. Downing Street said the Queen had "graciously" signified "her intention of conferring Peerages of the United...

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Russia In EU And US Food And 'Flight Ban'

Russian Prime Minister Dmitry Medvedev has said the country is considering a ban on flights from Europe and the US to Asia. Speaking at a government meeting he said the "serious measure" of blocking Russian airspace was a response to sanctions that...

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Canadian Teachers Swoop On Debt Group Lowell

By Mark Kleinman, City Editor A giant Canadian pension fund has swooped to buy a big stake in Lowell Group, one of Britain's biggest consumer debt collection agencies. Sky News understands that Teachers Private Capital (TPC), an investment arm...

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