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Barclays all set to announce sweeping restructuring plan

British lender Barclays Plc is all set to announce a sweeping restructuring plan that would likely cut thousands of jobs and shrink its investment arm.

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Jack Ma might work against Alibaba’s best interests

Many investors are concerned over Alibaba's IPO prospectus' warning that the Chinese e-commerce giant's lead founder and executive chairman Jack Ma might work against the e-commerce firm's best interests.

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Royal Mail chief to get no pay rise this year

Royal Mail's chief executive officer Moya Greene will not get any pay increase this year, the postal company's remuneration committee has declared.

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Talks with financing partners in accordance with normal practice: Mothercare

British maternity & baby products retailer Mothercare has refuted media reports that the group is suffering a heavy debt problem, which forced it to renegotiate loan terms with its lenders.

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Alibaba founders to enjoy greater control after planned IPO

E-commerce firm Alibaba's planned initial public offering (IPO) will limit Japan-based Softbank's voting rights, while the firm's founders will enjoy a greater control.

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