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BY Rebecca | 13 July, 2014 | no comments

One of the world’s most exclusive private banks has been accused of mismanaging a key fund and of not being transparent about tens of millions of dollars of losses chalked up on behalf of its well-heeled clients. Lombard Odier, which has managed the finances of some of the world’s wealthiest families for two centuries, is embroiled in a bitter legal…

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BY Rebecca | 3 July, 2014 | no comments

naccountable bureaucracy” that stifles competition and promotes piracy? Google brushed off a blistering attack from News Corp yesterday, while critics in Europe welcomed the newspaper group’s surprise intervention. “Hip hip hooray,” one lobbyist in Brussels said. Rupert Murdoch, News Corp’s executive chairman, has been publicly critical of Google before — accusing it on Twitter of invading users’ privacy and making…

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BY Rebecca | 22 June, 2014 | no comments

Which supermarket was selling food most adulterated by horsemeat last year? If you answered Tesco or Asda, you would be wrong. It was Aldi, the German discount retailer, which admitted that two of its ready-meal ranges contained “up to 100 per cent horsemeat”. The level of adulteration in products sold by Tesco and Asda was much lower. However, to judge…

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BY Rebecca | 12 June, 2014 | no comments

What has GlaxoSmithKline done wrong? Britain’s largest drugs company has admitted that its staff used a £320 million travel budget in China to channel kickbacks towards doctors who prescribed its drugs. Some of this hospitality fund was used for legitimate purposes but other payments went to corrupt travel agents who offered cash, gifts and even procured sexual favours for physicians…

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BY Rebecca | 2 June, 2014 | no comments

Claims for industrial deafness have surged in the past five years amid fears that it has become a new hunting ground for claims management firms and personal injury lawyers. Days after the Association of British Insurers warned that industrial deafness had become a new “cash cow” for the legal profession, leading insurers have published figures that deepen such concerns. RSA,…

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BY Rebecca | 23 May, 2014 | no comments

When her father died 12 years ago, Charlene de Carvalho-Heineken was catapulted above Queen Beatrix as the richest woman in the Netherlands. Yet the billionaire who holds the key to future of the global brewing industry insists that she has “always been quite happy to be anonymous”. The mother of five, who is based in London with her banker husband…

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