Russian Investors Launch New Energy Empire

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Russian investors led by billionaire Mikhail Fridman launched L1 Energy from a purchase of RWE Dea’s assets and threatened legal action if the U.K. tries to block the British part of the deal.

India Deals Blow to Gold Prices

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India’s decision to maintain an import duty on gold dealt a fresh blow to a metal that has been hit hard this year by a strengthening dollar and policy shifts around the globe.

NXP Semiconductor Bets $12 Billion on Smarter Cars

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NXP Semiconductor stepped on the gas in the race to supply chips to make smarter cars by agreeing to buy Freescale Semiconductor for nearly $12 billion.

Luxottica Reports Profit but Looks for Areas of Growth

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Italian eyewear company Luxottica said Monday its future growth will be fueled by a stronger retail network and by increasing sales of luxury goods in Asia and North America.

Aston Martin Outlines Expanded Lineup

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Sports-car maker Aston Martin plans to outline plans for a seven-vehicle lineup at this week’s Geneva auto show, part of a strategy to lift sales under its private-equity owners.

Google Confirms Wireless Service Plans

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Google plans to launch a small-scale U.S. wireless service.

Zuckerberg Moves to Mend Fences With Telecom Industry

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Facing criticism from telecom carriers, Facebook’s Mark Zuckerberg struck a conciliatory tone.

Microsoft Plays Waiting Game in Smartphone Race

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Microsoft has a new fix-it plan for the company’s smartphone business: Wait a little longer.

H-P to Buy Aruba Networks for $2.7 Billion

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Hewlett-Packard agreed to buy Aruba Networks for about $2.7 billion in an all-cash deal aimed at bolstering the tech company’s wireless networking operations.

Two Russian Drinks Plants to Close

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PepsiCo and Coca-Cola Hellenic are closing one plant each in Russia, the latest food and drink companies to cut production in the country, citing the unfavorable economic situation.

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