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GENEVA, May 21 - Manufacturers of business jets can look forward to climbing sales in the years to come thanks to emerging markets as they gather in Switzerland for an annual air show, having survived the turbulence of the global financial crisis. But "we're still waiting for the real recovery," noted Eric Trappier, chief executive of Dassault Aviation, which will have three versions of its luxurious Falcon jet on display on the tarmac at Geneva at the three-day EBACE show that opens Tuesday. In 2012, the French company sold 58 jets compared to 36 the previous year, to take a 17 percent More...
LONDON, May 21 - British high street retailer Marks & Spencer said Tuesday that annual net profits fell nine percent amid "challenging" trading conditions. Earnings after taxation declined to £466.7 million ($712 million, 552 million euros) More...
SAN FRANCISCO, May 21 - Microsoft offers a glimpse Tuesday at a new-generation Xbox as videogame consoles evolve into home entertainment centers and adapt to competition from smartphones and tablets. A tented stage has been set More...
NEW DELHI, May 21 - Visiting Chinese Premier Li Keqiang pledged on Tuesday to open up domestic markets to Indian businesses and narrow a gaping trade deficit between the two countries. "As for Indian concerns over More...
TOKYO, May 20 - US investment banking giant Goldman Sachs said Monday it will start investing in Japanese renewable energy projects, with a reported $2.9 billion outlay over the next five years. The injection comes after More...
PARIS, May 20 - French food industry group Danone announced on Monday tie-ups in China with the aim of establishing a strong position amid growing demand for dairy products in the vast Chinese market. Danone, a More...
NEW YORK, May 20 - The board of Yahoo! has agreed to a deal to purchase the popular blogging platform Tumblr for $1.1 billion, the Wall Street Journal reported on Sunday. Yahoo! did More...
SINGAPORE, May 16 - Oil was down in Asian trade Thursday as caution returned to the market following weak US production data, analysts said. New York's main contract, light sweet crude for delivery in June, dropped More...
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