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Banking

WireTap 1400 30/04/12

A round-up of the key stories across the specialist financial media, including news that Aviva chief Andrew Moss has turned down a pay rise


Aviva chief Moss turns down pay rise 

Andrew Moss, who last year received £2.69 million in salary and bonuses, on Monday waived the pay increase in response to a backlash from investors who are unhappy about the insurer’s dismal share-price performance.

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Energy Transfer Partners to buy Sunoco for $5.3 billion

Pipeline operator Energy Transfer Partners said it will buy Sunoco Inc for $5.3 billion in stock and cash to get into the more lucrative crude oil transportation business as natural gas prices stay weak.

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B&N shares leap on Microsoft digital-tech plan

Barnes & Noble shares nearly doubled before the opening bell as the New York bookseller entered a digital-reading-technology partnership with Microsoft Corp.

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Eurobills depose common bonds as crisis fix 

German opposition to euro countries becoming responsible for each other’s debts is being tested by proposals for a programme of European bill sales that would mirror the US Treasury market.

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Firm start fades for stocks

European bourses are struggling to maintain the positive momentum enjoyed over recent sessions as the glow from the global corporate earnings season and hopes for supportive central bank action combat the chill from damp economic data and dank eurozone conditions.

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