Toyota Pins Big Hopes on Daihatsu's Small Cars

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Toyota, the world’s biggest auto maker, is leaning on a maker of tiny cars to expand its empire as it eyes markets in developing countries.

Soda Sales in Mexico Rise Despite Tax on Sugary Drinks

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Sales of soda are climbing two years after Mexico imposed a roughly 10% tax on sugary drinks—a bright spot for an industry that has feared it could be cast as the next tobacco.

Burberry Tightens Brand Strategy in U.S. Turf War

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Burberry Chief Executive Christopher Bailey is under pressure to find growth in the U.S., as he tries to offset a sharp drop in sales in Hong Kong and move its brand higher up the luxury scale.

Hanjin Shipping Seeks Help From Chartered Fleet Owners

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Hanjin Shipping, South Korea’s largest container operator by capacity, reached out to owners of its chartered fleet and terminal operators to say it can’t survive unless they help with its debt restructuring.

ISM Manufacturing Index Signals Expansion in April

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A closely watched gauge of U.S. factory activity slipped in April but continued to signal growth in the manufacturing sector, which has been battered by low oil prices and a strong dollar.

Lions Gate Leads Venture to Remake Films in Other Countries

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Nine movie distributors world-wide led by Lions Gate have agreed to give each other right of first refusal to remake each others’ films in their respective countries.

Grain Traders Rejecting New Monsanto Soybeans

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U.S. grain companies plan to reject Monsanto Co.’s new genetically modified soybeans, over concerns that they could disrupt international trade without a key regulatory approval from the European Union.

Halliburton-Baker Hughes Deal: What Has Been Gained and Lost

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The failure of a merger between oil-field-service rivals Halliburton and Baker Hughes is less disastrous for both companies than it seems.

Banks Dodge One Oil-Patch Risk

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In an encouraging sign for banks, oil companies took limited drawdowns of open lines of credit in the first quarter.

Valeant and Buffett: Looking Past the War of Words

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Harsh words won’t further damage Valeant shareholders. Changes to earnings expectations might be a different story.

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