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World

Sep 15, 2016
Fast-food giant McDonald's Corp has received final bids from at least three groups for its China and Hong Kong outlets, with global private equity firms Carlyle Group and TPG Capital…
Sep 12, 2016
Associated British Foods (ABF) said on Monday it has agreed to sell its cane sugar business in southern China to a consortium led by Shenzhen-listed Nanning Sugar Industry Co Ltd.…
Sep 10, 2016
A Volkswagen engineer pleaded guilty to helping the auto maker's admitted efforts to cheat on emissions tests, becoming the first person criminally convicted in the U.S. in a wide-ranging scandal…
Sep 07, 2016
MasterCard said yesterday it had expanded its deal with payment processor PayPal Holdings Inc, which would allow customers to use PayPal's payment services in stores. PayPal's partnership follows a similar…
Aug 26, 2016
Singapore has strong links with its immediate region but needs to look further afield to diversify, Deputy Prime Minister Tharman Shanmugaratnam has said. Singapore-Africa trade has grown 5.2 per cent…
Aug 19, 2016
Wal-Mart Stores Inc reported higher-than-expected quarterly earnings on Thursday, saying it benefited from cleaner and more efficient U.S. stores, investments in technology that improved online shopping and higher employee wages…
Aug 18, 2016
Members of the Maasai tribe, known for their reputation as warriors and cattle keepers, might not be aware that right on their doorsteps, unscrupulous people operate one of the most…
Aug 16, 2016
The global oil market faces a sharp drop in supply in 2017 from Venezuela, traditionally a prominent exporter, as an acute political and economic crisis halts investments needed to squeeze…
Aug 08, 2016
South African furniture retailer Steinhoff International Holdings NV has agreed to buy Mattress Firm Holding Corp. for about $2.4 billion in cash, a deal that would mark its entry into…
Aug 03, 2016
Uber has announced its exit from the Chinese taxi market by merging with arch-rival Didi Chuxing in a US$35 billion deal. Uber is selling its operations to Didi, with Uber…
Aug 01, 2016
Heineken, the world's third-largest brewer, reported slightly better than expected first-half operating profit on Monday as strength in Asia and Western Europe offset declining sales in Africa and Eastern Europe.…
Jul 28, 2016
Facebook said its profit leapt 186 percent from a year ago to $2 billion, as the world's biggest social network blasted past most analyst forecasts for the second quarter. With…
Jul 24, 2016
Audi aims to have three electric car models by 2020 and for electric vehicles to account for 25 to 30 percent of its sales by 2025, Chief Executive Rupert Stadler…
Jul 19, 2016
Switzerland's Novartis, the world's biggest maker of prescription drugs, will continue to invest in Britain, despite the country's decision to leave the European Union, its chief executive said on Tuesday.…

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