In Shakespeare’s era, moneylenders had a real image problem. As witnessed in the popularity of the play, The Merchant of Venice at the time – a play in which the evil money lender, Shylock intends to exact revenge on the poor Antonio, only get his own comeuppance at the end of the play. Today,...
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As President Reagan was once noted to observe ‘ a billion here, a billion there, and pretty soon we’re talking real money’. Well, though not quite in the same league, it’s been one of those weeks for Apple. Having to dig deep into its $9.2bn coffers not once but twice this week. But it...
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The iPod wars took another turn today as Dell admitted that it was pulling out of selling its own branded MP3 player. Hoping to steal a march on the iPod by playing both MP3 and Microsoft’s Windows Media format, Dell threw in the towel and withdrew the device from its site a few days...
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Being first into a market doesn’t always guarantee you a place in history – being the best does. Looking at the case between Apple and Creative, you’d be forgiven for thinking that Creative had invented the MP3 player and that it was only fair that Apple should pay up. However, nothing could be further...
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BHP Billiton, the worlds largest mining firm has posted record profits buoyed by continued increases in commodity prices. All this despite a strike at one of its major Copper mines which is responsible for 8 percent of global Copper output. Net profits for the year increased 63 percent to $10.45bn. Some in the industry...
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