In a Digital World, Lego Sticks to Its Bricks

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Lego CEO Jørgen Vig Knudstorp discusses the future of plastic bricks in a digital world.

Workers Strike at China Footwear Plant Over Welfare Payments

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Workers at a major shoe maker in southern China, Yue Yuen Industrial (Holdings), have walked off the job in a dispute over social-insurance payments.

Glaxo Examines Bribery Claims in Jordan, Lebanon

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British pharmaceuticals giant is examining accusations its employees bribed doctors by offering perks such as flexible travel arrangements and free samples—the latest in a series of allegations about its practices in China, Poland and the Middle East.

Metso Rejects Weir Approach

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Finland's Metso has rejected Scottish rival Weir's proposal to merge the two engineering companies, saying the deal isn't in the best interests of its shareholders and it remains confident of its prospects as a stand-alone company.

Moelis Shares Open Higher in Trading Debut

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Moelis & Co.'s shares opened higher in their trading debut, after an initial public offering that priced below the New York investment bank's expectations.

Starbucks to Move European Headquarters to U.K.

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The world's biggest coffee-store chain plans to move its headquarters for Europe, Middle East and Africa to London from Amsterdam and will have to pay more U.K. tax as a result.

Alibaba Flexes Muscles Before IPO

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Despite challenges, a big surge in profits and revenue has put the Chinese e-commerce giant on track for a $15 billion stock sale, just shy of what Facebook sold when the social-networking firm went public in 2012.

Alibaba Flexes Muscles Before IPO

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Despite challenges, a big surge in profits and revenue has put the Chinese e-commerce giant on track for a $15 billion stock sale, just shy of what Facebook sold when the social-networking firm went public in 2012.

Tata Consultancy Profits Jump 52%

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Tata Consultancy Services, India's biggest software and outsourcing company by revenue, said profits were helped by the strong dollar and rebounding demand for its services.

Goldman Moves to Spur Trading

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Under pressure from unhappy clients and losing market share to rivals, Goldman Sachs is trying to jump-start its stock-trading business.

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