Oil Firms Reap Large Gains After Cashing In Hedging Bets

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After oil plunged from more than $100 a barrel to about $50 in a matter of months, some of the hedges have shifted from a form of insurance to a source of income.

German Business Leaders Clash With Google, Antitrust Officials

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German business leaders clashed with Google Inc. and antitrust officials over how to regulate digital giants, in a heated public debate that underlines the depth of feeling in Germany over the power of U.S. Internet firms.

GameStop Reports Sales Drop, Weak Outlook

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GameStop reported a larger-than-expected revenue drop in the key holiday quarter and provided disappointing guidance as the retailer continues to adjust to shifts in the videogame industry.

Mexican Government Puts Sugar Mills up for Sale

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The Mexican government on Thursday began the process of selling nine sugar mills that were expropriated more than a decade ago.

Companies Restless at Slow Pace of EU Justice

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Companies involved in cases concerning breaches of EU competition law are so frustrated at the slow pace of the courts that some of them have decided to sue.

Turkcell Holds First Shareholder Meeting Since 2011

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Turkcell held its first shareholder meeting since 2011, with an threat of regulatory takeover forcing major stakeholders to cooperate even as they continue to fight to control Turkey’s biggest mobile-phone operator.

Carnival Has Reason to Celebrate

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Ahead of the Tape: Cruise operator Carnival Corp. seems on course for more gains.

For Monsanto, a Season of Woes

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Monsanto is confronting some of its stiffest challenges in years, as it contends with criticism of biotech foods, farmers tightening their belts, and the WHO labeling its trademark weed killer as a potential carcinogen.

Telefonica Raises Cash for $8 Billion Brazil Deal

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Telefónica has taken the plunge with a two-pronged stock sale to raise the cash to pay for part of its $7.96 billion takeover of Brazilian cable operator GVT from France’s Vivendi.

New York City Comptroller to Call for New Disclosures by Brokers

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New York City Comptroller Scott Stringer will call for stockbrokers and financial advisers operating in New York state to be required to disclose whether they are obligated to put their clients’ interests ahead of their own.

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