Indian Ministries Divide on Apple's Retail Vision

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India’s minister for commerce and industry said she supports waiving local-sourcing rules that threaten to block Apple’s retail stores—a waiver the finance ministry opposes.

Dalian Wanda Raises Buyout Offer for Property Arm

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Chinese property-and-entertainment conglomerate Dalian Wanda Group boosted its buyout offer for its $4 billion-plus Hong Kong-listed commercial property unit, calling the raised bid its best offer.

Dalian Wanda: An Offer That Makes Shareholders Want to Move On

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Dalian Wanda Commercial’s plan to delist so soon after its IPO reeks of expedience, rather than long-term value creation. Investors may have little choice but to move on.

Noble Group: Why Big Moves Don't Signal New Chapter

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Noble Group bids farewell to its CEO and one of its best-performing businesses, hardly signs things are getting back to normal.

Airlines to Gather at IATA Event

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The airline industry has finally shaken off its boom-and-bust past, says the head of the world’s largest carrier, but investors aren’t buying it. It’s a challenging mix for executives gathering in Dublin for the annual jamboree hosted by the International Air Transport Association.

Global Economy Week Ahead: Chinese Manufacturing, ECB Meeting, U.S. Jobs

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Though shortened by holidays in the U.S. and U.K., this week will help set the stage for whether the global economy is heading into a summer of strength or doldrums, with Chinese manufacturing data, a European Central Bank meeting and the U.S. jobs report on the schedule.

Viacom CEO Gets June Hearing in Lawsuit Over Redstone Trust

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A judge granted Viacom Chairman Philippe Dauman and board member George Abrams’ request for a speedy hearing after the two sued to invalidate their removal from a trust to oversee media mogul Sumner Redstone’s holdings.

Janet Yellen Sees Rate Hike Coming Soon

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Federal Reserve Chairwoman Janet Yellen on Friday signaled the central bank will likely raise interest rates within months if the U.S. economy keeps gaining strength.

U.S. First-Quarter GDP Growth Revised Higher to 0.8%

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The U.S. economy’s first-quarter slowdown was less pronounced than initially thought, and recent data have pointed to a pickup for growth this spring.

The Economy vs. Earnings: Companies Aren't Winning

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The U.S. economy isn’t as weak as the GDP report suggests. As that becomes clear, companies will need to find another excuse.

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