Manufacturers Lead Japanese Earnings Higher

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Japanese firms this week reported strong earnings for the latest quarter, led by manufacturers, highlighting a divergence between the health of the corporate sector and the broader economy.

Sharp No Longer Doubts 'Going Concern' Status

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Japanese display maker Sharp Corp. says it no longer has doubts about remaining a "going concern," thanks to a boost in demand for smartphone displays from its key customers.

Airlines Told to Fly Higher Over Iraq

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The U.S. Federal Aviation Administration has ordered airlines to fly at higher altitudes over Iraq amid growing concerns about carriers operating around conflict zones.

Chrysler U.S. Sales Rise 20%

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Chrysler said its U.S. auto sales rose 20% in July, as its Jeep brand turned in another month of strong growth.

Weyerhaeuser Earnings Rise

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Weyerhaeuser said second-quarter earnings rose 43% on strong growth in wood-products sales and one-time gains.

U.S. Hits China Solar Firms

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The U.S. is shaking up the global solar-equipment industry by imposing heavy antidumping tariffs on Chinese makers.

Surprise Bidder in T-Mobile US Battle

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The slow-moving mating dance between Sprint and T-Mobile US got a jolt when France's Iliad made a buyout offer for T-Mobile US, setting up a clash between two of the global telecom industry's brashest titans.

Investors Kill Shell-Woodside Deal

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Woodside Petroleum shareholders killed off a proposed $2.68 billion deal to buy most of Royal Dutch Shell's interest in the oil and gas producer, marking a rare display of minority investor power that could disrupt both companies' growth strategies.

New Zealand Honey Rules Aim to Keep Producers Sweet

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New Zealand is introducing new labels on honey jars, moving to prevent cheap honey shipped from the South Pacific nation being passed off as the premium mânuka.

British Airways, Iberia to Trim Capacity Despite Robust Results

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International Consolidated Airlines Group, which operators British Airways and Iberia, said it will trim capacity this winter despite reporting robust second-quarter earnings.

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