China Resources Sells Assets to Brew Success for Snow Beer

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China Resources Enterprise says it is slimming down its holdings so it can focus on its top-selling beer brand.

SAP Profit Plunges 23%

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German business-software provider SAP posted a net profit decline of 23% for the first quarter as it makes the transition to cloud technology.

Cirque du Soleil's Sale Act

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Cirque du Soleil’s founder agreed to sell his controlling stake in the circus to a TPG-led group.

Indonesia Prohibition Threat Stalls Investment, Multi Bintang Says

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The head of one of Indonesia’s biggest beer producers says that a ban on the sale of alcohol at minimarts could derail millions in allocated investments.

Publicis Posts Sales Jump

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Publicis reported a 32% jump in first-quarter sales, boosted by the strong dollar and its latest digital acquisition.

Foreign Companies at Risk From Proposed China Law

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Major foreign firms are using a corporate structure in China in a way that may be illegal under a proposed law.

Chip Rollout Has Banks Scrambling

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To cut credit-card fraud, issuers are embedding chips, with 575 million of the new cards expected to be in Americans’ wallets by year-end.

Harley-Davidson's Profitable Trip

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Harley’s appeal is growing abroad even as its core U.S. customer base ages.

Wells Fargo Eyes GE Commercial Lender

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Wells Fargo is in talks to buy all or part of General Electric’s biggest lending operation, a move that could help the San Francisco bank extend its lead in helping to finance midsize businesses.

EU Targets Russian Gas Giant

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The European Union plans to file formal antitrust charges against Russia’s Gazprom.

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