Best Buy Returns to Buybacks

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Best Buy unveiled plans to buy back shares for the first time since 2012, as the electronics retailer also posted a better-than-expected surge in profit in its holiday quarter.

The Race to Advertise on Alibaba's Marketplaces

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Paid advertising is one way for vendors on Alibaba’s e-commerce platforms to grab customers’ attention. But the competition to land the coveted ad slots is fierce.

Germany's Merck Cautious After Deal Spree

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Germany’s Merck forecasts little or no improvement in earnings this year, with stiff competition for its blockbuster multiple-sclerosis treatment and higher research spending likely to offset the impact of recent acquisitions.

HK Airlines in Talks to Sell Stake

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Hong Kong Airlines International Holdings is in talks to sell a stake in itself to a strategic investor, delaying the short-haul carrier’s plans to list in the city in coming months.

GE CEO Jeff Immelt's Crude Problem

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GE’s CEO already had problems convincing investors he was moving fast enough to remake the conglomerate into a simpler industrial machine, and now there’s this oil business.

Sweden Seeks to Drop Budget Surplus Target

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Sweden’s government said it wants to drop a long-standing budget surplus target, saying a new target to keep public finances in balance is more suitable given the stable Swedish economy.

Royal Dutch Shell Offers Scrip Dividend

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Royal Dutch Shell gave shareholders the option of receiving a dividend via company stock, a move that other large oil companies have made as cash dries up during a period of low oil prices.

Lukoil Hurt by Falling Oil Price

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Russia’s second-biggest oil producer Lukoil said 2014 net profit fell almost 40% to $4.7 billion as it battles plunging oil prices, a weak ruble and spiking inflation.

Glencore Returns to Profit

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Glencore returned to profitability last year despite a sharp downturn in the commodities it mines and trades.

Inflation in Developed Economies Halved in January

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The annual rate of inflation across the world’s developed economies more than halved in January, reaching its lowest level since the recession that followed the global financial crisis.

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