French Mall Owner to Buy Dutch Rival

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French real-estate company Klepierre, which owns shopping malls across Europe, is to buy Dutch rival Corio for $9.68 billion in a deal that will create an industry leader.

Hyundai Heavy Posts Record Loss

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South Korea's Hyundai Heavy Industries posted its worst quarterly loss ever, hurt by a stronger local currency and discounts it has offered since last year to prop up sales amid a slowdown in the global shipbuilding industry.

BP Warns on Russia Sanctions

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BP reported a rise in second-quarter profit, boosted by its investment in Russian energy group Rosneft, but warned that further economic sanctions on Russia could adversely impact its business.

'Ramadan Rush' Gives U.K. Retail a Lift

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High-end stores in London have long sold gifts to well-heeled Muslim tourists for the holy month of Ramadan, but more middle-market outlets are beginning to feel the effect as well.

Honda Net Profit Grows 20%

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Honda Motor Co. says its earnings rose 20% in the latest quarter, when it benefited from growth in global auto sales, but was held back by delayed model introductions.

Orange Helped by Cost Cuts

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France's Orange said cost savings continued to help offset declining revenue in some of its biggest markets in the first half.

Renault Profit Surges on Cost-Cutting

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Renault reported a steep rise in first-half profit, as the French car maker benefited from a cost cutting drive and the absence of provisions that hurt its performance in the same period last year.

Roche Leukemia Treatment Approved

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Roche said that the European Commission has approved its Gazyvaro treatment for chronic lymphocytic leukemia, the most common form of the disease.

Investigators Tied to GSK Get Trial Date in China

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Two foreign investigators tied to U.K. drug company GlaxoSmithKline PLC will stand trial Aug. 8 on charges of illegally purchasing personal information about Chinese nationals, a Chinese court said.

Ford's New Pickups to Have Higher Price Tags

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Ford Motor Co.'s new collection of aluminum pickups will come with a higher price tag than outgoing models when they hit the market in the fourth quarter.

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