IAG to Boost Fleet as Profit Soars

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British Airways parent IAG plans to boost its fleet amid stronger business prospects, as it reported second-quarter profit rose 27.9%.

Solar-Power Fight Hits Home in Arizona

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Arizona, the epicenter of a nationwide debate between solar companies and utilities, is introducing new rules for companies that offer solar-panel leases. But the firms say the regulations are an effort by traditional utilities to try to stop the spread of residential solar in the state.

Japan Contraction Doesn't Mean More Easing

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Japan’s economy may turn out to have shrunk last quarter, but a new inflation measure gives the Bank of Japan an excuse not to act.

Riots-to-Riches Trading in China's Markets

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After nearly 25 years of turbulent action that has elated and infuriated investors, China’s stock markets remain much as they were when they opened in 1990. Beijing calls the shots.

Airbus Profit Rises Despite A400M Charge

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Airbus reported a 5% rise in second-quarter profit even as the A400M military transport plane program, which has repeatedly been a drag on earnings, once again impaired the European plane maker’s financial results.

Lloyds Profit Rises Despite PPI Hit

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Lloyds reported a rise in first-half profit despite the bank taking a $2.18 billion provision to compensate customers who were wrongfully sold insurance products.

Carrefour Reports Sharp Decline in Profit

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French retailer Carrefour said it had made progress in its efforts to kick-start growth despite reporting a sharp decline in profit as it continued to integrate the loss-making French operations of Spanish hard-discounter Distribuidor Internacional de Alimentacion.

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.

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.

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.

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