Telefónica Sells Telxius Stake in Debt-Reduction Drive

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Telefónica has agreed to sell up to 40% of its Telxius infrastructure unit to KKR & Co. as the Spanish telecommunications giant seeks funds to whittle down its debt.

CSX Chief to Retire as Hunter Harrison Vies for Position

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CSX said that Michael Ward, its chairman and chief executive, will retire in May as railroad veteran Hunter Harrison and an activist investor try to shake up the company and grab the top spot.

China's Geely Plans Bid for Malaysian Car Maker Proton

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China’s Zhejiang Geely, owner of Volvo Cars, is readying a bid for a majority stake in Malaysian car maker Proton Holdings, which plans to select a foreign strategic partner in the first half of this year.

Lawmakers Push for Tighter Scrutiny of Chinese Investment in U.S.

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Lawmakers from both parties are mounting efforts to bolster scrutiny of surging Chinese investment in the U.S., emboldened by President Donald Trump’s anti-China rhetoric on trade.

Simon & Schuster Cancels Publication of Milo Yiannopoulos Book

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CBS Corp.’s Simon & Schuster publishing arm said Monday it has canceled the publication of a book by Milo Yiannopoulos, after a video surfaced in which the controversial conservative journalist appeared to condone sex between men and young boys.

U.S. Appetite for Organic Food Sparks Jump in Grain Imports, to Farmers' Dismay

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Organic grain is flooding into the U.S., pushing down prices despite booming sales of organic foods. U.S. farmers are crying foul, contending their crops are held to stricter standards than foreign-raised crops.

Failed $143 Billion Deal Raises Pressure on Unilever, Kraft

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Deal talks between Kraft and Unilever are dead, but both consumer-goods giants now find themselves under heightened pressure to make bold moves to accelerate growth.

Tyson Seeks Lead in No-Antibiotics Poultry

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Tyson Foods Inc. plans to eliminate antibiotics used on poultry in its flagship chicken products, as the largest U.S. meat company mounts a new push to burnish its brands.

Anglo American Soars Back to Profit

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Anglo American swung back to profitability last year amid the rebound in commodity prices and one of the most sweeping structural changes a global corporation has seen in years.

'The Great Wall' Has Weak North American Opening

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Backers’ hopes that “The Great Wall” would be the first global hit made in China fizzled this weekend as the big budget movie opened to a soft $21.7 million in the U.S. and Canada.

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