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Hungary Seeks EU Alliance to Push Closer Ties with Russia
Hungary Seeks EU Alliance to Push Closer Ties with Russia
Hungary Prime Minister Viktor Orban says he will seek to form a political alliance to stop the European Union pulling away from Russia over the crisis in Ukraine.
Alcoa to Close Costly Italian Plant
Alcoa to Close Costly Italian Plant
"The fundamental reasons that made the Portovesme smelter uncompetitive unfortunately have not changed," said Bob Wilt, president, Alcoa Global Primary Products.
Reducing Reliance on Cancer Drugs Roche Acquires US Biotech Firm
Reducing Reliance on Cancer Drugs, Roche Acquires US Biotech Firm
InterMune's flagship medicine pirfenidone has already won approval in the European Union and Canada as a treatment for idiopathic pulmonary fibrosis (IPF), and is under regulatory review in the United States.
Argentine National Congress
US Hails WTO Ruling Against Argentina Trade Policies
"Argentina's protectionist measures impact a broad segment of U.S. exports, potentially affecting billions of dollars in U.S. exports each year," U.S. trade chief Michael Froman said.
Hyundai logo
S. Korea's Top Two Automakers Hit by Strike
Unionists at Hyundai Motor Co. and its subsidiary Kia Motors Corp. downed tools for four hours.
Climate Change: Meteorologists Preparing for the Worst 2
By 2050, airline passengers will experience twice as much in-flight turbulence as a result, and, on the high seas, monster waves will await cargo and cruise ships.
Puma Sportswear Says It Will Buy Stake in Borussia Dortmund
Puma Sportswear Says It Will Buy Stake in Borussia Dortmund
Puma, the German maker of sportswear and equipment, said on Thursday it intends to acquire up to 5% of soccer club Borussia Dortmund.
HP Revenue Inches Up after Years of Decline
Net revenue for the quarter that ended July 31 was $27.6 billion, a 1% improvement from the same period last year when the California computer maker took in $27.2 billion.
Berkshire Hathaway Fined for Lax Share Purchase Reporting
Berkshire Hathaway Fined for Lax Share Purchase Reporting
U.S. antitrust officials fine Warren Buffett's Berkshire Hathaway $896,000 for failing to notify regulators ahead of a large securities acquisition in December 2013.
Oil Prices Advance on Signs of strong US Demand
Oil Prices Advance on Signs of Strong US Demand
Global oil prices rebounded Wednesday from the previous day's multimonth lows as dealers digested signs of strengthening crude demand in the U.S.
China Continues Price-Fixing Probe, Fines Japanese Auto Parts Firms $200 Million
China Continues Price-Fixing Probe, Fines Japanese Auto Parts Firms $200 Million
Sumitomo Electric was fined the most. Other companies fined were Denso, Aisan, Mitsubishi Electric, Mitsuba, Yazaki and Furukawa Electric, NSK, JTEKT and NTN.
Volvo Car Reports Return To Profit On China Sales
Volvo Car Reports Return To Profit On China Sales
Chinese-owned Volvo Car Group announced a return to profits on Wednesday in an upbeat half-yearly report that cited "solid" demand for the Swedish brand, particularly in China.
Steve Ballmer Steps Down From Microsoft Board
Steve Ballmer Steps Down From Microsoft Board
Former Microsoft chief Steven Ballmer said Tuesday he will step down as a member of the software giant's board of directors.
Declining FDI into China Not Linked to Foreign Company Probes, Officials Say
Foreign direct investment -- which excludes investment in financial sectors -- fell 16.95% in the month to $7.81 billion, the commerce ministry said, its lowest since July 2012.
Chevron Interested in Ukrainian Gas Network
Chevron Interested in Ukrainian Gas Network 1
U.S. energy giant Chevron is interested in taking a stake in Ukraine's natural gas pipeline network, which the country is opening to Western investors, Russian media reported Monday.
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