Russian Ex-Minister Calls for Reshuffle

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Russia can improve the climate for investing in the country but it will require a government reshuffle, former Finance Minister Alexei Kudrin said on Friday.

Heineken Searches for New CFO

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Dutch brewer Heineken is looking for a replacement for its long-serving chief financial officer, René Hooft Graafland, whose contract expires in April.

GM to Build New Cadillac

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General Motors plans to build a new rear-wheel drive Cadillac at its Detroit-Hamtramck assembly plant, with production expected to begin late next year.

ITT Educational's Woes Compounding

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U.S. regulators warned ITT Educational Services that the struggling for-profit educator faces potential civil enforcement action, while the company's finances were placed under more scrutiny.

SAP to Buy Concur Technologies

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SAP has agreed to buy Concur Technologies, a make of expense-management software, in a deal with an enterprise value of about $8.3 billion.

Business Leaders Relieved After Vote

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British business leaders said they were relieved that Scotland voted to stay in the U.K., after weeks of warning that a vote for independence could result in huge obstacles for firms operating there.

Glaxo Found Guilty of Bribery in China

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GlaxoSmithKline said a Chinese court found its subsidiary in the country guilty of bribery, and fined the company close to $491.5 million, in what Chinese state media said was the largest ever corporate fine.

Home Depot Breach Outstrips Target's

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Home Depot said 56 million cards may have been compromised in a five-month attack on its payment terminals, making the breach much bigger than the holiday attack at Target.

Larry Ellison to Step Aside as Oracle CEO

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Oracle said its longtime leader, Larry Ellison, will step aside as CEO but take over as chairman of the business-software giant. Mark Hurd and Safra Catz were named co-CEOs.

Alibaba's IPO Priced at $68 a Share

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Alibaba's shares priced Thursday at $68, at the high end of expectations, in what is one of the world's largest initial public offerings ever.

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