CEZ Likely to Bid Slovenske Elektrarne

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Enel wants to sell its 66% stake in the Slovak electricity company and Czech peer CEZ is likely to make a bid..

Rosneft Buys Stake in N.Y.-Listed Driller

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New York-listed North Atlantic Drilling said that Russia's Rosneft would acquire 30% of its shares in exchange for cash and 150 of Rosneft's onshore drilling rigs, following a deal struck before sanctions were imposed on Russia.

Dynegy to Buy Power Plant Assets

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Dynegy has agreed to pay $6.25 billion to buy 12,500 megawatts of coal and gas generation assets from Duke Energy and Energy Capital Partners, a deal that will nearly double its portfolio.

Foreign Investors Rethink Enthusiasm on Myanmar Aviation

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Aviation, once thought to be one of Myanmar's most promising sectors, is losing its shine with foreign investors, offering a window into the slowdown in investment into the country.

Great Wall's First-Half Net Profit Falls 3.3%

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Chinese car maker Great Wall Motor said its first-half net profit fell 3.3% from a year earlier due to falling sedan sales, as problems delay the launch of a flagship sports-utility model.

Germany Clears Sale of RWE Unit to Russian

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Germany has approved the sale of RWE's oil and natural gas exploration subsidiary Dea to an investment holding vehicle of Russian entrepreneur Mikhail Fridman.

Foot Locker Profit Rises 39%

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Foot Locker Inc. said its fiscal second-quarter profit jumped 39% as sales continued to climb.

Cathay Pacific to Launch Hong Kong-Boston Flights

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Cathay Pacific said it plans to launch nonstop flights to the eastern U.S. city of Boston from May 2015 as the Hong Kong-based airline looks to expand its long-haul offerings.

Hibbett Sports Profit Declines 21%

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Hibbett Sports Inc. said its fiscal second-quarter profit declined 21% as higher costs and expenses offset a modest gain in revenue.

T-Mobile, Sprint Cut Prices

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A few weeks ago Sprint and T-Mobile were contemplating a merger, and now they are out to steal each other's customers.

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