Tower Bersama Bids for Telecom Assets

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Some of Indonesia's largest telecommunications infrastructure companies including Tower Bersama are among the bidders to buy some of the telecom towers of XL Axiata in a deal that could be worth $500 million, people with knowledge of the matter said.

Burger King Deal Draws Tax Criticism

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Burger King Worldwide defended its acquisition of Tim Hortons Inc. as the hamburger chain came under criticism for its effort, backed by billionaire investor Warren Buffett, to move the quintessential American brand to Canada.

Fonterra Seeks Tie-up With Chinese Baby-Food Maker

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New Zealand's Fonterra Co-Operative Group and Hangzhou Beingmate Group announced a partnership aimed at meeting rising demand for infant formula in China.

Google Search Bug Spurs Hacking Talk

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A software bug disrupted some Google searches for roughly eight hours early Tuesday, displaying images of what appeared to be a car crash in Russia and sparking speculation that Google had been hacked.

OCBC in Talks to Sell United Engineers Stake

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OCBC said it is in exclusive talks to sell its stake in United Engineers to Thai billionaire Charoen Sirivadhanabhakdi, as deal activity in Singapore continues its record run.

Rusal First-Half Revenue Falls

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Aluminum producer Rusal said revenue fell 15.7% in the first half of 2014 to $4.38 billion from a year earlier, due to decreased aluminum sales.

Westfield Raises Bet on Europe

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Australian developer Westfield said it has raised its stake in a $1.84 billion shopping mall planned for Italy as it seeks other opportunities on the continent.

Mix Wrestling, Tag for India's New Sports Craze

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India's newest professional sport, kabaddi, is an ancient Indian game that in its newest incarnation is a high-octane mix of tag and Greco-Roman wrestling. It has been drawing sellout crowds and big TV audiences.

Germany's Gamble on Renewable Energy

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Many companies worry the cost of Germany's mammoth, trillion-euro plan to wean the country off nuclear and fossil fuels by midcentury will undermine the country's competitiveness.

Michigan Approves $4 Million Tax Incentive for Toyota

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The state of Michigan approved a $4 million tax incentive for Toyota Motor Corp. to relocate 250 people from its Erlanger, Ky., manufacturing headquarters to the company's Ann Arbor-area technical center.

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