Regulators Seek More Information on Reynolds, Lorillard Deal

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Federal regulators have requested more information on Reynolds American's pending deals to buy Lorillard and divest certain brands to Imperial Tobacco Group.

Lufthansa Threatened With Expanded Strikes

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The pilots union said that it could widen industrial action in progress at its budget subsidiary Germanwings to the group's other airlines over if it doesn't come up with a new offer on retirement benefits.

Dongfeng Motor's Earnings Surge

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China's Dongfeng Motor Group reported a 54% rise in first-half net profit, thanks to sales gains in its joint ventures with Japanese and French car makers.

Hershey Unveils New Logo

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Hershey unveiled a new logo Friday in an effort to give the 120-year-old chocolate company a more modern look.

Telefónica Eyes Deal by Mid-2015

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Spanish telecommunications company Telefónica said it expects to complete the $9.82 billion acquisition of Vivendi's Brazilian unit, GVT, by mid-2015.

J&J, Bayer Aim to Expand Xarelto's Uses

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Johnson & Johnson and Bayer announced plans to launch clinical trials of the anticoagulant Xarelto against three new diseases in an ambitious bid to widen the market for a drug poised to exceed $1 billion in sales this year.

Fiat Avoids Chrysler Merger Block

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Fiat said too few shareholders tendered their stock to block a reorganization that will create Fiat Chrysler Automobiles, a new company with a tax residency in the U.K.

Tesco Warns on Profit

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Tesco issued its third profit warning in as many years and said it would slash its interim dividend and reduce capital expenditure as the struggling grocery giant battles fierce competition.

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