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Ferrero is eyeing a potential investment in Parmalat as part of a push by Italy's business and political establishment to keep the dairy firm, once at the center of Europe's biggest-ever corporate scandal, in Italian hands, according to Italian bankers.
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Antitrust experts see few palatable options for Nasdaq to allay concerns that a deal would harm competition.
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Intel courted an H-P executive for a senior position, underscoring the company's difficult task of identifying an eventual successor to CEO Paul Otellini.
Further moves by major central banks to weaken the yen could come as soon as Monday, though the goal will be to ensure market stability rather than push the yen sharply lower.
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Progressive has introduced a new type of car insurance that offers a discount to policyholders based on real-time information about how and when they drive.
Nissan Motor said it it will start parts production and vehicle assembly operations this week in Japan, becoming the first car maker to restart its entire auto production process after the March 11 quake.
U.S. Energy Secretary Steven Chu said Sunday that the Japanese are making progress at stabilizing the stricken Fukushima Daiichi nuclear power plant.
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Despite a massive earthquake in Japan and supply chain disruptions, TSMC's chairman said the company is confident that demand for mobile chips will remain strong this year.
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Tokyo's fanciest retail areas were busy with shoppers this weekend. Japanese department stores and boutiques were open for business as usual. Not so many European shops.
State-owned Saudi Arabian Oil Co. said one of its units signed a memorandum of understanding with PetroChina to supply crude to a planned grassroots refinery in southwest China.
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AT&T; agreed to buy T-Mobile USA from Deutsche Telekom for $39 billion in cash and stock, in a deal that would create an industry giant by combining the No. 2 and No. 4 U.S. wireless carriers.
Google's president, Japan and Asia-Pacific operations, talks about the challenges in managing an Internet firm in Asia.
John Dowd, a lawyer for Galleon Group founder Raj Rajaratnam, came out firing as he grilled a star government witness in the insider-trading case against his client.
As Japan's nuclear crisis deepens, a gulf has developed in the way in which the foreign and Japanese media are covering the unfolding drama.
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Nike executives said the company will begin to raise prices on a broad variety of products in an effort to offset rising costs, as the company posted a 5.2% increase in its fiscal third-quarter earnings.
U.S. President Barack Obama on Sunday told Brazilians he wants to strengthen ties between the two countries, based on shared values and economic partnership
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An FDA advisory panel said the removal of menthol cigarettes from the U.S. market would benefit the public health, but stopped short of recommending that the agency ban the product.
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A former finance chief at Comverse Technology was sentenced to "time served" Friday after he cooperated with prosecutors in a stock-options backdating probe at the software company.
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New York Times said it will begin charging for access to articles at the end of this month, launching its long-planned digital "pay wall" to boost revenue at its flagship newspaper.
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