Fox's Invitation to Time Warner

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21st Century Fox is prepared to offer shareholders of Time Warner board representation as part of its bid to acquire the media company, according to a person familiar with the matter.

JD.com, Tencent Give Xbox Fans Head Start

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Tencent Holdings will use its alliance with JD.com to offer early advance sales of Microsoft Corp.'s Xbox One consoles in China, as the online retailer ramps up efforts to compete with electronic-commerce major Alibaba Group Holding.

China Slams U.S. Move on Solar Products

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China on Monday hit back at the U.S. for taking another step to close a loophole that allowed some Chinese solar-equipment makers to avoid tariffs.

Hospira Joins Bidding For Danone Unit

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Hospira has emerged as a bidder for Danone's medical-nutrition unit in a deal that could be worth about $5 billion and mark the latest in a flurry of so-called inversion deals.

Oil's New Frontier: Wealthy Nations

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After decades focusing on less-developed nations, big oil companies are piling back into wealthy countries with political stability that provides more-predictable cash flow.

U.K. Launches Onshore Oil and Gas Licensing Round

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The U.K. government is launching its first onshore oil and gas licensing round in six years—the latest step in efforts to unlock shale gas reserves amid worries over increasing dependence on energy imports.

Ryanair Quarterly Profit Soars

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Ryanair, Europe's largest discount airline, raised its full-year earnings forecast and said it would pay a special divided after first-quarter profit more than doubled.

Audi Cuts Prices of Parts in China

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Audi on Saturday announced price cuts for spare parts of up to 38% in China, the company's largest market, as the Chinese government steps up its scrutiny of foreign luxury-car makers.

Samsung Postpones Launch of Tizen Smartphone

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Samsung Electronics said it would postpone sales in Russia of a smartphone running a homegrown operating system called Tizen, dealing a fresh setback to its efforts to carve out a niche in mobile software and services.

Reckitt Benckiser to Spin Off Pharmaceuticals Unit

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Reckitt Benckiser said it would pursue a demerger of its pharmaceutical division, as the consumer-products maker reported a fall in second-quarter revenue.

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