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Tuesday, August 4, 2015
HSBC announced Monday that net profit fell 3.8 percent in the three months to June, as the company agreed to sell its Brazilian business for US$5.2 billion to Brazil's Banco Bradesco.
Two Chinese smartphone makers pushed U.S. technology giant Apple into third place in the world's biggest market in the second quarter, an independent analyst firm said Monday.
A consortium of German automakers Audi, BMW and Daimler announced Monday it is buying Nokia Corp.'s HERE map business in a deal that values the unit at 2.8 billion euros (US$3.1 billion) and secures their access to technology that could eventually be used for driverless cars.
Canadian rivers: Solution to New England's high energy prices?
Plenty of raw electricity sloshes around in Quebec's rivers and reservoirs, promising relief for U.S. northeasterners, who pay the nation's highest power costs. But getting those electrons to smartphones and air conditioners in Boston, Hartford and New York City is another matter entirely.
Inflation remained unchanged yet high in Indonesia in July despite predictions of easing, as consumers stocked up on food and transport tickets ahead of the Muslim holiday of Eid, government data showed Monday.
French transport systems giant Thales on Monday announced a 1 billion euro (US$1.09 billion) deal to upgrade four lines of the London Underground.
Dutch brewer Heineken said Monday its first quarter profits had almost doubled, with net earnings rising by 81 percent to 1.14 billion euros.
Germany's second biggest banking group Commerzbank said Monday its second-quarter profits had almost tripled, pushed up by higher revenue and a lower tax bill.
Asian markets fell Monday as China shares were dragged down by poor manufacturing figures and investors followed a drop on Wall Street.
Oil prices fell in Asia Monday on persistent concerns about the global supply glut, after the Organization of the Petroleum Exporting Countries (OPEC) indicated that it will not budge from its current lofty output levels, analysts said.
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