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Source: AFP Published: February 23, 2012 00:40
Boeing said yesterday around 55 of its flagship 787 Dreamliners “have the potential” to develop a fuselage shimming problem, but reiterated that the fault was being fixed.
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Source: Reuters Published: February 23, 2012 00:35
General Motors and PSA Peugeot Citroen are discussing a broad manufacturing alliance designed to stem losses in Europe and lower production costs elsewhere, sources with knowledge of the matter said.
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Source: AFP Published: February 23, 2012 00:35
Southeast Asia’s largest budget carrier AirAsia yesterday reported a fall in net profit by almost half in 2011 on year as it struggled with high fuel prices, but posted a record revenue.
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Source: Reuters Published: February 23, 2012 00:35
S&P cuts Panasonic rating
NAB bank enters India
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Source: Reuters Published: February 23, 2012 00:28
Chinese instant noodle and beverage maker Tingyi Holdings Corp expects to receive approval from Chinese regulators for its tie-up with PepsiCo Inc as early as March, Tingyi's parent company said in Taipei Wednesday.
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Source: Reuters Published: February 23, 2012 00:26
China CNR Corp, the country's No.2 train maker, proposed yesterday a rights issue of 2.5 new shares for every 10 shares held to raise up to 7.1 billion yuan ($1.13 billion) to invest in high-speed train projects and technology research.
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Source: Global Times Published: February 22, 2012 23:35
New York Knicks point guard Jeremy Lin has become a new star for sportswear companies after he won millions of fans overnight, and sportswear giant Nike has managed to extend a contract with Lin, Beijing Business Today reported Wednesday.
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Source: Global Times Published: February 22, 2012 23:35
Shares of alibaba.com, the country's biggest corporate e-commerce site, jumped the most in around four years yesterday after its parent company announced a bid to buy out minority shareholders.
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Source: Reuters Published: February 22, 2012 23:35
China's top tin ore and metal producer Yunnan Tin Co said in an exchange filing yesterday that it was likely to face additional costs of around 50 million yuan ($7.9 million) this year after the authority raised mining taxes on tin ore.
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Source: Xinhua Published: February 22, 2012 09:32
Netflix Inc., the leading Internet video streaming service provider, on Tuesday announced a deal with The Weinstein Company that will make the studio's movies exclusively available for Netflix subscribers in the United States.
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