Thirsty for Growth, Liquor Giant Taps Africa

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Diageo and other global spirits companies are expanding across Africa, targeting even the poorest consumers with liquor made locally and sold cheaply.

IKEA Gets Deeper Into the Woods

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IKEA is buying forests to wield more control over its most important raw material: wood.

Google Quietly Distributes New Version of Glass

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Google is quietly distributing a new version of its Glass wearable computer aimed at businesses in industries such as health care, manufacturing and energy, according to people familiar with the situation.

Economy Picks Up but Stays in Its Rut

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The U.S. economy emerged from its winter lull with a moderate spring rebound, but the historically sluggish expansion is looking even more sluggish as it enters year seven.

In China Stocks, Late Jolts Are the New Normal

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Anyone trading Chinese shares shouldn’t take a long lunch. That is the lesson from the Shanghai market’s behavior in recent days, as margin calls and moves linked to government buying shake up trading.

China Shares Headed for Worst Month in Over Two Years

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China shares were headed for their worst month in over two years on Friday, after confidence in a government-led recovery wavered earlier this week, knocking shares lower.

U.S. Banks Take Global Lead

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In the trans-Atlantic rivalry for banking supremacy, U.S. banks are preparing to pounce, with executives touting the gloom emanating from their European counterparts as a big opportunity to press their newfound advantage.

LinkedIn Gets Boost From Lynda Deal

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LinkedIn’s stock fell in after-hours trading as investors realized that it beat growth expectations because of its recent acquisition of lynda.com, not because of a recovery in its core business.

Deutsche Bank Didn't Archive Chats Used by Some Employees Tied to Libor Probe

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A month after reaching a $2.5 billion settlement over interest rate rigging, Deutsche Bank told regulators its disclosures may have been incomplete because it accidentally failed to archive electronic chats involving its employees.

FAA Steps Up Scrutiny of Allegiant

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An unusual emergency landing by an Allegiant Travel flight low on fuel is drawing new scrutiny to the budget carrier after a string of other in-flight disruptions.

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