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.

In China, 'Free Market' Has Its Limits

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The Business: China is spreading the word about its ambitious new market reforms, but U.S. firms aren't buying, writes John Bussey.

U.S. Issues New Rules for Air Cargo Shipments of Lithium Batteries

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The U.S. Department of Transportation has issued a final rule establishing new standards for air cargo shipments of various types of lithium batteries, including packaging requirements and safeguards for power cells that have been damaged or are headed for recycling.

Chevron Posts Higher Earnings

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Chevron said asset sales and demand for crude oil boosted its second-quarter earnings, though crude oil production slipped.

Clorox Profit Falls 7.1%

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Clorox said its fiscal fourth-quarter earnings fell 7.1%, as the consumer goods company's sales of household and cleaning products declined.

Mitsubishi Heavy Seeks Deeper Ties With Siemens

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After coming up short in one of the biggest takeover battles of the year, Mitsubishi Heavy Industries of Japan says it wants to draw closer to an existing business partner, Siemens of Germany, in a bid to expand internationally.

ArcelorMittal Warns on Profit

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The steel maker has warned that it will miss its target for full-year earnings as the group bears the brunt of lower commodity prices despite swinging to a second-quarter net profit.

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.

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