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GM re-evaluates India investment, new car platform on hold

Employees work inside the General Motors plant in Talegaon, about 118 km (73 miles) from Mumbai September 4, 2012. Reuters/Danish Siddiqui General Motors (GM.N) is re-evaluating its planned $1 billion investment in India and has put on hold moves to … Continue reading

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Melker Schorling, Sweden's quiet tycoon with the Midas touch

Swedish businessman Melker Schorling, major shareholder of the security companies Securitas and Assa Abloy, is seen in this file photo taken in Stockholm, Sweden May 26, 2005. To match Insight SWEDEN-TYCOON/ TT News Agency/Tomas Oneborg/via Reuters ATTENTION EDITORS – THIS … Continue reading

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Corporate raiders seek Brexit bargains in Britain

A worker arrives at his office in the Canary Wharf business district in London February 26, 2014. Reuters/Eddie Keogh Overseas buyers lured by a plunge in the pound are looking to snare British companies on the cheap, ensuring a steady … Continue reading

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Exclusive: Libya oil exports threatened as NOC warns against port deal

A worker maintains oil pipelines at the Zueitina oil terminal in Zueitina, west of Benghazi April 7, 2014. Reuters/Esam Omran Al-Fetori Libya’s hopes to boost crude exports have been dealt a blow after the head of the National Oil Corporation … Continue reading

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G20 will use 'all policy tools' to protect growth as Brexit looms

Leaders from the world’s biggest economies are poised on Sunday to renew their commitments to support global growth and better coordinate actions in the face of uncertainty over Britain’s decision to leave the European Union and growing protectionism. The meeting … Continue reading

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Exclusive: Tesla, SolarCity close to merger agreement

Tesla Motors Inc TESLA.O and SolarCity Corp SCTO.O have made progress in putting together a deal that will merge the electric car maker and the solar panel installer, people familiar with the matter said. The two companies, which count billionaire … Continue reading

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Bottom line: brands chase China's high-end lingerie market

High-end lingerie sales are outpacing China’s generally downbeat luxury market, and heating up competition between international brands and local rivals looking to go upmarket. U.S. brand Victoria’s Secret will open its first store, and companies including Italy’s ultra-luxury La Perla … Continue reading

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China's growth sucks in more debt bucks for less bang

Chinese 100 yuan banknotes are seen on a counter of a branch of a commercial bank in Beijing, China, March 30, 2016. Reuters/Kim Kyung-Hoon/File Photo As China’s economy notches up another quarter of steady growth, the pace of credit creation … Continue reading

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Apple weathers anti-U.S. demo in China, where patriotic protests snowball

A 3D printed Apple logo is seen in front of a displayed stock graph in this illustration taken April 28, 2016. Reuters/Dado Ruvic/Illustration/File Photo Apple Inc (AAPL.O) found itself on the receiving end of a small, short-lived anti-U.S. protest this … Continue reading

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Aeropostale accuses Sycamore Partners of 'loan to own' scheme

A customer enters an Aeropostale store in Broomfield, Colorado, United States May 14, 2015. Reuters/Rick Wilking Bankrupt U.S. teen retailer Aeropostale (AROPQ.PK) filed a motion against its lender, private equity firm Sycamore Partners, in bankruptcy court late on Friday, accusing … Continue reading

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