New York Office Towers Pop Up Despite Sluggish Market

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Developers are planning new Manhattan office buildings at the fastest rate in two decades despite sluggish demand for space, a gamble that tenants will favor gleaming new skyscrapers.

CMBS Make a Comeback in Europe

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The rebound in the U.S. commercial mortgage-backed securities market appears to be spreading across the pond.

La Compagnie to Add NY-London Offering

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Dreamjet, which started flying in July between Paris and Newark, N.J., under the brand name La Compagnie, plans to bring its aggressively priced business-class fares to the New York-London route.

Apple Shields Information in GT Advanced Creditor Probe

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Creditors of failed smartphone screen material supplier GT Advanced Technologies will get a peek at Apple Inc.’s secrets under a protective court order signed Tuesday.

BT Seen With Strong Negotiating Position to Get Back Into Mobile

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BT Group, looking to storm back into mobile, has a strong negotiating position, but faces potentially onerous funding arrangements, analysts say.

France to Prosecute Total Over Iranian Contracts

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Total SA will face corruption charges in a French court related to contracts made in Iran in the 1990s, a spokeswoman for the Paris prosecutor said on Tuesday.

PC Short-Term Outlook Improves, but Caution Lingers

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The outlook for worldwide personal-computer shipments improved after a better-than-expected third quarter, but caution remains, International Data Corp. said Tuesday.

Merrill Lynch's European Unit Pressured on Risk Management

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British regulators are pressuring Bank of America’s European investment-banking arm to improve the way it manages risks, saying its current practices are “simplistic” and need to be retooled.

Home Depot Facing at Least 44 Civil Suits in Data Breach

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Home Depot said Tuesday that it faces at least 44 civil lawsuits in the U.S. and Canada related to a widespread data breach the home-improvement retailer suffered earlier this year.

CFOs Don't Trust Cheaper Gasoline to Fuel Holiday Sales

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Santa’s sleigh could be turbocharged by cheaper gasoline this holiday season, even if finance chiefs in the retail sector aren't ready to promise investors stuffed stockings.

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