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...jonathan.guthrie@ft.com Letters in response to this column: Focus on the haystack — not on the needles / From Brendan P Geary, Washington, DC, US Active v passive: put more faith in market forces / From...
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...Aside from Citi, Kingdom owns some serious assets – stakes in companies like Apple, Pepsico, Proctor & Gamble, News Corporation – as well as genuine trophy assets like the Hotel George V in Paris....
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...ICICI’s managing director, K V Kamath, called the rumours “baseless and malicious”....
...Its Consumer Media Group publishes The Wall Street Journal, Barron’s, MarketWatch and the Far Eastern Economic Review....
...Their fear that Dow Jones cannot continue to expand its electronic businesses, such as wsj.com, Factiva and Marketwatch, because of lack of investment capital is also exaggerated....
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...Media groups from Reed Elsevier to Thomson Corporation are increasingly focused on providing digital tools to professional groups....
...The New York Times bought About.com for $410m last month and Dow Jones last year bought MarketWatch.com, a financial information website....
...A decade ago, Disney began to invest hundreds of millions of dollars on its ill-fated Go.com portal....
...But while News Corp talked the talk, the New York Times walked the walk, paying $410m for online information portal About.com, after losing out to Dow Jones in the recent bidding for MarketWatch.com....
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