Takata Set to Recall 35 Million More Air-Bag Inflaters

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Takata is preparing to recall at least another 35 million rupture-prone air-bag inflaters that U.S. regulators have deemed a safety risk.

Millennials Change the Complexion of the Beauty Business

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The latest results from Estée Lauder and Coty exposed a shift in the beauty business: Millennials aren’t willing to invest in expensive skin creams that have been big profit drivers. They want products with more immediate results.

Keep an Eye on These Chinese Bank Bonds

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Chinese banks are facing a gradual sell off in junior bonds, as investors rightly get jittery about mounting bad loans.

Oil Price Upheaval Hits Largest U.S. Refiners

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Big refiners, the last holdouts of the energy bust, finally saw their roll come to a halt in the first quarter as the six largest reported first-quarter earnings that were down by roughly half compared with a year earlier.

New Blow for Li Ka-shing as EU Hangs Up on O2 Deal

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With the EU set to block Hutchison’s roughly $14 billion bid for the U.K.’s second-largest cellphone operator, Li Ka-shing faces a setback in his efforts to pivot his business empire toward Europe.

EU Court Backs Tough New Antismoking Law

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The European Union’s highest court rejected a challenge by Philip Morris and other tobacco companies against a tough new antismoking law.

Shell Profit Falls But Beats Forecasts

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Royal Dutch Shell is continuing to hammer down costs and spending as the company moves to integrate its roughly $50 billion acquisition of BG Group in the midst of a historic oil price slump.

Maersk's Net Profit Sinks

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AP Moller-Maersk’s net profit sank in the first quarter as a sharp decline in freight rates pressured its shipping business while the plunge in crude prices at the start of the year hit its oil business.

Adidas to Sell Parts of Its Golf Business

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German sportswear maker Adidas said it is actively seeking a buyer for parts of its golf unit, after years of slumping sales.

Why China's Big Banks Aren't Looking So Large

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China’s behemoth banks—among the biggest in the world by assets—have stopped getting much bigger. But that doesn’t mean risks surrounding them have subsided.

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