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Bloomberg CEO says client data access for reporters a mistake

Bloomberg LP customers, including the U.S. Federal Reserve and the U.S. Treasury, were examining on Saturday whether there could have been leaks of confidential information, even as the media company restricted its reporters' access to client data and created a position to oversee compliance in a bid to assuage privacy concerns. The financial data and news company, whose computer terminals are widely used on Wall Street, had allowed journalists to see some information about terminal usage, including when customers had last logged in, and how often they used messaging or looked up data on broad categories, such as equities or bonds. Bloomberg CEO Daniel Doctoroff said in a statement on Friday that the firm restricted reporters' access last month after a client complained. The client, Goldman Sachs Group Inc ( id="symbol_GS.N_0"> GS.N ), flagged the matter to Bloomberg after a news service reporter in Hong Kong asked the bank about a partner's employment st

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London remains the top financing centre for the global transport industry, although it faces stiff competition from New York and capitals in Asia Pacific as companies seek to tap more funding sources, a survey showed on Friday. Some 37 per cent of respondents from the global aviation, rail and shipping sectors ranked London as the key financial centre for transport, followed by New York at 14 percent and Singapore at 7 percent, the survey by international law firm Norton Rose found. "London and New York remain key financial centres for the transport industry but are looking over their shoulders at Asia which is growing in importance," said Harry Theochari, global head of transport at Norton Rose. Of those canvassed, 43 percent from the rail industry said London was most favoured as a financing hub, followed by 40 percent in the shipping sector and 31 percent in aviation. The annual survey by Norton Rose, now in its fourth year, is one of the transport sector's lead

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BlackBerry will offer technology to separate and make secure both work and personal data on mobile devices powered by Google Inc's Android platform and by Apple Inc's iOS operating system, the company said on Thursday. The new feature could help BlackBerry sell high-margin services to enterprise clients even if many, or all, of their workers are using smartphones made by BlackBerry's competitors. That may be crucial for the company as it has lost a vast amount of market share to the iPhone and to Android devices, such as Samsung Electronics Co's ( id="symbol_005930.KS_0"> 005930.KS ) Galaxy line. Jefferies analyst Peter Misek said he expects BlackBerry's device management software to gain traction this year, and boost revenue next year. "Supporting devices with the best, most secure, and easiest-to-use mobile solution should enable RIM to transform into what we believe is an attractive model," he said in a note to clients. The offering

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Synonymous with film photography, lilacs and classical music, Rochester offers an unusual array of attractions for a mid-sized U.S. city that brought industrial prowess to a scenic river gorge on Lake Ontario's southern shore. From top-ranked golf courses and national-landmark house museums to a children's emporium of play and America's oldest municipal park-garden cemetery, the city in western New York is crammed with surprises for visitors of all interests. Its glacier-carved linchpin is a trio of waterfalls trumpeting the Genesee River's thunderous descent into Lake Ontario. Reuters correspondents with local knowledge help visitors get the most out of a short stay in Rochester (pop. 210,855), variously known over two centuries as the Flour City, the Flower City and, less so of late, the World's Image Center. FRIDAY 5:30 p.m. - Dinner at Dinosaur Barbecue (www.dinosaurbarbque.com), a honky tonk rib joint tucked into a former railroad station overlooking th

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Spending a night between destinations in a stopover city and need a place to stay? Online boutique hotel experts Mr & Mrs Smith (www.mrandmrssmith.com) have come up with 10 hotels for a memorable stopover. Reuters has not endorsed this list. _0"> 1. Best for resort relaxation: Capella Singapore, Singapore Languishing on Sentosa Island, just a 15-minute taxi hop south of the city centre, Capella Singapore hotel in Singapore feels a relaxing world away. A tranquil resort, the 112-room heritage-modern hybrid has a graceful colonial building, art works dotted around the manicured grounds and a triple-tier pool with South China Sea views. 2. Best for gourmet dining: The Landmark Mandarin Oriental, Hong Kong, China A day-spa with 113 contemporary guest rooms, The Landmark Mandarin Oriental hotel in Hong Kong gives good stopover. This stylish skyscraper is in the heart of Central's retail district. After a hard day's shopping, bag a table at two-Michelin-starred Amb

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For British student Carly Connor a trip to London for a city break would be impossible if she had to pay for a hotel so instead she rents a room in a Londoner's home. Connor, 26, is among a growing number of people taking advantage of a surge in the number of homeowners offering to rent out a room for a night or longer, with the cash a welcome addition to recession-squeezed budgets. This new wave of hospitality sweeping the travel industry was sparked by the success of "couch surfing", where people could go online to book a free bed in a home, and is being led by a blitz of new websites that let tourists bypass resorts and hotels. "A lot of the time you find yourself with a host who is more than happy to point you in the direction of a few local hot spots that you otherwise would have missed entirely," Connor told Reuters. But the increasing popularity of peer-to-peer rentals has lawmakers on the alert in some countries, scrutinising tax, health and safet

Peregrine Financial may have "viable" claims versus banks: trustee

Peregrine Financial Group's bankruptcy estate may have "viable" claims against JPMorgan Chase & Co and U.S. Bancorp for harm done to clients of the now-failed brokerage, and may pursue them in court, Peregrine's trustee said in a filing this week. _0"> The trustee, Ira Bodenstein, wants the federal bankruptcy court in Chicago to put on hold a lawsuit by the firm's former clients against the father-son duo that formerly ran the brokerage and the banks that handled their business. In the filing, Bodenstein said the lawsuit could interfere with his efforts to return money to creditors and former Peregrine Financial customers. The firm, once one of the largest U.S. independent futures brokerages, filed for bankruptcy last July after its founder and CEO Russell Wasendorf Sr. confessed to bilking his clients of more than $100 million in a nearly 20-year-long fraud. Wasendorf Sr. is now serving what is expected to be a lifelong sentence in a high-secur