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Source: AFP - Global Times Published: June 18, 2013 23:38
Chinese telecom giant Huawei launched a new smartphone Tuesday to better compete with high-end rivals like Apple and Samsung overseas, a company official said.
Huawei unveiled the Ascend P6 in London in one of its major smartphone launches of the year.
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Source: Reuters Published: June 18, 2013 23:33
CFM sells plane engines to BOC
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Source: Global Times Published: June 18, 2013 23:33
The British hand-built retro carmaker Morgan Motor is looking beyond its traditional turf to the Chinese market with the announcement of a new showroom in China on Tuesday.
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Source: Global Times Published: June 18, 2013 23:33
Dairy merger shows industry’s move toward consolidation
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Source: CFP Published: June 18, 2013 23:33
Workers load laminaria japonica, an edible kelp, in Rongcheng, East China’s Shandong Province. Laminaria japonica output in the city reached around 3 billion yuan ($489 million) in 2012, accounting for some 50 percent of the country’s total output. The kelp is sold at around 7 yuan per kilogram.
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Source: Reuters Published: June 18, 2013 22:53
New York-based hedge fund Third Point said it has raised its stake in Sony Corp and urged the Japanese company to create an independent board to run a partially spun-off entertainment arm with Sony’s CEO, Kazuo Hirai, as its chairman.
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Source: AFP Published: June 18, 2013 22:53
Finnish paper and packaging company Stora Enso said on Tuesday it would shed 2,500 jobs, mostly in Finland and Sweden, citing a weak European economy and the company’s poor profitability.
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Source: Reuters Published: June 18, 2013 22:53
British officials charged former UBS trader Tom Hayes on Tuesday, marking the first prosecution over the Libor rate-rigging scandal that rocked the banking sector last year with repercussions across the world.
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Source: AFP Published: June 18, 2013 22:53
British low-cost airline easyJet announced on Tuesday a mega deal to buy 135 Airbus single-aisle A320 passenger planes, including 100 new-generation neo aircraft for $11.9 billion, after agreeing big discounts.
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Source: AFP Published: June 18, 2013 22:53
Management and employees’ representatives at Commerzbank, Germany’s second-biggest bank, have agreed in principle on cutting more than 5,000 jobs worldwide, according to a German newspaper report on Tuesday.
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