Repsol, Talisman Talks Over Possible Deal Stalled

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Spanish energy giant Repsol SA's talks to buy oil and natural gas assets from Canada's Talisman Energy Inc. have stalled, according to several people familiar with the matter, a setback for both companies.

Big Tobacco's E-Cigarette Push Gets Reality Check

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Big Tobacco is finally making its big push into electronic cigarettes. But e-cigarette sales are now falling in convenience stores, reversing three years of rapid-fire growth.

The New Cost of Weekend Grilling

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Rising food bills challenge consumers' internal price barriers and lead to trade-offs.

Snapchat's $10 Billion Valuation

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Kleiner Perkins agreed to invest in Snapchat at a valuation of close to $10 billion, making it one of the world's most valuable private tech start-ups.

Brazil Oi Explores Buying Stake in TIM

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One of Brazil's largest phone companies, Oi SA, has hired an investment bank to examine the possibility of buying a stake in a rival phone company, TIM Participacoes SA, which is controlled by Telecom Italia SpA.

Chiquita, Fyffes See More Merger Savings

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Chiquita Brands and Irish fruit company Fyffes have identified an extra $20 million in annual savings from their proposal to join forces to create the world's biggest banana company.

Australia, Indonesia Sign Intelligence Agreement

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A new intelligence code of conduct between Australia and Indonesia will help increase cooperation and combat the threat of militants returning home from fighting in Syria and Iraq, Australia said.

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.

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