Peugeot Citroën First-Quarter Revenue Rises

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French auto maker Peugeot Citroën reports a 1.9% rise in its first-quarter revenue, held back by the euro's strength.

Honda Profit Soars on Japan Sales

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Honda's net profit surged in the January to March quarter as the economic policies of Prime Minister Shinzo Abe and a last minute rush to buy cars before a sales tax took effect drove up sales in the long-stagnant Japanese market.

Beijing Takes Workers' Side in Sneaker Strike

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China told a supplier to Nike and Adidas to take corrective measures to end a strike that has prompted one customer to shift some production elsewhere.

Pearson First-Quarter Sales Rise

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Pearson said it made a solid start to the year as the U.K.-based publisher and education specialist reported a rise in first-quarter sales.

Commercial-Vehicle Maker Volvo Swings to Profit

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Swedish commercial-vehicle maker Volvo raised its outlook for the North American market and swung to a first-quarter profit.

WPP Boosted by U.S., U.K.

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Advertising giant WPP said the year started more strongly than expected even though revenue was weighed down by unfavorable foreign exchange rates.

Agents for Japan's Marubeni Detained in China

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Japanese commodity-trading house Marubeni said that three employees at a Chinese company affiliated with one of its U.S. trading units have been detained by customs officials in the eastern city of Qingdao.

No Resolution for South Africa Miners Strike

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Anglo American Platinum, Lonmin and Impala Platinum said they have been unable to reach a resolution to settle the three-month strike action despite their new offer

Saab AB First-Quarter Net Income Down 33%

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Saab AB said net income fell 33% in the first quarter after the maker of Gripen combat planes embarked on a restructuring program.

Swedish Bank SEB First-Quarter Profit Rises

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Swedish bank SEB reported higher-than-expected net profit for its first quarter as its net interest income grew.

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