Chinese company offers $5.2B for Louisville Slugger owner
By Lisa F Chinese investors have their eye on the ball — baseball, that is. Louisville Slugger — the all-American bat brand favored by legends like Babe Ruth and Jackie …
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Belgian companies summoned to court for chemicals exports to Syria
By: Cristina Belgian companies are being brought to court by the Belgian Customs for exporting chemicals to Syria — including one that could be used in the production of sarin …
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Possible US China trade war threatens global growth
Euro Network The World Trade Organisation warns the battle between China and the US over tariffs is threatening global growth. Figures show global trade grew at its fastest for six …
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IMF drops pledge to fight protectionism
Clark Emma The International Monetary Fund has dropped a pledge to fight protectionism, amid a split over trade policy. The IMF committee had previously warned it posed a risk to …
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Soon, you won’t have to pay service charge, surcharge on card and online transactions
Service charge, user charge and convenience fee paid by gateways and vendors on online or card payments will be waived once steps approved by the Cabinet on Wednesday come into …
Read MoreFoundation of an online marketplace laid: Ringing Bells
The meeting was overdue for a while. After several rounds of scheduling and cancelling in what already seems a long week, the men behind Ringing Bells settle for a morning …
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Ray of hope for GMR Infra
GMR Infrastructure, which operates many power, airport and road projects, got major relief as the tribunal looking at the dispute in its erstwhile Maldives airport project ruled in its favour. …
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Castrol losing out to competition
Castrol India’s results for the quarter ended December were weak on many parameters. Falling volumes and realisations hit revenue, which fell eight per cent over a year to Rs 791 …
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Funds want to cross lower threshold to equity tag
The mutual fund (MF) sector wants the government to modify the definition of equity funds to cover those investing at least 50 per cent in equity instruments, from the present …
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Snapdeal puts 200 employees on notice
Online marketplace Snapdeal has put around 200 employees on notice. These workers have been asked to undergo a 30-day performance improvement plan (PIP). Their performance during this period will decide …
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Goodix Debuts Live Finger Detection™ Technology at MWC 2016
Goodix, a world leader in innovative human interface solutions for mobile devices, announced three new technologies at Mobile World Congress 2016 in Barcelona, including the world’s first Live Finger Detection™ …
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Real estate sector’s expectations from Union Budget 2016
Like all sectors, the real estate segment is also looking at this year’s Union Budget with hope and expects changes ranging from service tax restructure relaxation to the long pending …
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Oil prices rise on expected Russia, Saudi Arabia meeting in Doha
Oil prices rose on Tuesday with Brent breaking past $34 a barrel on expectations that energy heavyweights Russia and Saudi Arabia will discuss the global oversupply issue in a Doha …
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IndoSpace plans to invest over Rs 6,800 crore in 5 years
Industrial real estate developer IndoSpace on Monday said it plans to invest $1 billion (Rs 6815 crore) over the next five years to take its total investment to $1.75 billion …
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Staten Island Official Subtly Owns Real Estate Developer With Incredible Choice of Street Names
Staten Island Borough President James Oddo put a burn for the ages on the real estate developers Savo Brothers this week. By Oddo’s choosing, three streets in a new Savo …
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Paytm defers launch of payments banking business to second half of 2016
“Kill the financial services market in the country,” was Alibaba founder Jack Ma’s advice to Vijay Shekhar Sharma, founder of e-commerce firm Paytm, when the former visited the country for …
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Millennials Drink Almost Half the Wine Bought in America
Now that the nation’s millennials are all officially 21, this 79-million-strong crowd of tastemakers is starting to shape the nation’s appetite for wine — buying more per person, spending more …
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Technology rout pushes Nasdaq to lowest close since 2014
The Nasdaq Composite that includes large-cap technology names like Alphabet, Microsoft and Facebook led another broad rout on Wall Street Friday, closing at its lowest level since October 2014. Many …
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Roomba maker iRobot sells defense robots business
The 26-year-old robotics company sold the defense portion of its business to Arlington Capital Partners for $45 million on Thursday. While the deal will take a few months to finalize, …
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Manana Innovations to invest Rs 500 crore in telecom business
Telecom services company Manana Innovations plans to invest Rs 500 crore to build its mobile services business in India and abroad over the next five years. “We are looking at …
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