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Pirelli Future, and Calendars, Safe in Chinese Hands
The accord will see Pirelli delisted from the Milan bourse and split into two units, one producing high-end tires, the other industrial tires.
Boeing Close to Deal with Chinese Airline for 30 Dreamliners
The 787-9 can carry up to 280 passengers for distances of almost 9,570 miles and analysts said Hainan Airlines will need the aircraft as it seeks to expand international routes.
Jaguar Land Rover to Invest Millions in Britain
The British car brand, which was bought by India's Tata Motors from Ford in 2008 at the height of the global financial crisis, said the investment showed its commitment to Britain's resurgent car industry.
Toyota Rolls Out Shared-Parts Strategy to Chop Costs
Toyota said the move, aimed at cutting development costs by 20%, would start with mid-sized, front-wheel-drive vehicles this year. It wants half of vehicles it sells globally by 2020 to fall under the new platform strategy.
EU, US 'Likely' to Miss Year-End Target for Free Trade Deal
The United States and EU agreed last month to work 'full throttle' to secure the mammoth deal despite growing skepticism on both sides of the Atlantic.
Taiwan's Acer Swings to Profit After 3 Years of Losses
The company started swinging to profit in the first quarter of 2014 following a series of reforms initiated late the previous year by founder Stan Shih.
Hermès Reports Luxurious Profits, Plan 'Exceptional' Dividend
World-famous for its silk scarves and luxury handbags, Hermes logged $942 million in net profits last year, a 9% increase over 2013.
Widened Panama Canal Could Begin Operation in April 2016
Upgrades began in 2007 and were scheduled to be completed in 2014 for the 100th anniversary of the canal, but the work has seen repeated delays.
US Lifts Sanctions on Cuba-Linked Shippers, Traders
Last week Washington and Havana wrapped up a third round of talks on normalizing relations, which were focused on the path towards reestablishing formal relations and reopening embassies.
Heinz, Kraft to Merge, Warren Buffett, 3G to Reinvest $10B
3G Capital has been eagerly looking for more acquisition targets after it raised $5 billion for deal-making and now has Kraft Foods in its sights.
China Manufacturing Gauge at 11-Month Low: HSBC
The index, compiled by information services provider Markit, tracks activity in China's factories and workshops and is regarded as a barometer of the health of the Asian economic giant.
Italian-Made Version of Iconic Jeep Goes on Sale in US
In a sign of what comes with the takeover of Chrysler by Italian giant Fiat, U.S. auto dealers have begun selling the Italian-made Jeep Renegade.
Chinese Takeover of Pirelli Met with Resignation in Italy
The bitter pill for Italy, which has struggled to kick-start growth, comes just weeks after the announcement that Qatar's sovereign fund is to become sole owner of a prime area of real estate in the northern city of Milan.
Chevrolet Ordered to Pay French Dealers Millions
Seventeen dealers had sued the company, part of the US General Motors giant, for not respecting a notice period it was obliged to give them after GM announced in December 2013 that it was withdrawing Chevrolets from sale in 2015 due to poor sales.
'Made in China' Tops EU List of Unsafe Products
Toys topped the list of products stopped before they entered European markets or were seized afterwards, at 28%, followed by clothing (23%), electrical appliances (9%) and motor vehicles (8%).
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