Pernod Ricard Confirms Jobs Cuts

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Pernod Ricard confirmed it will cut around 900 jobs globally, having posted a drop in full-year profits as it continues to fight a sharp decline in sales in China.

Untangling a Bank Mess in Europe

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An ex-detective working for Austria's troubled Hypo bank is tracing the losses behind a lending debacle that has cost taxpayers billions of euros so far.

For Hollywood, Not All Box Office Dollars Are Equal

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As summer domestic box office sales fall 15%, movies like "Transformers" and "Spider-Man" can't make up the difference in China and other countries where studios earn much less from DVDs and TV rights.

Coffee Is Percolating Again in East Africa

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Higher prices since 2010 have triggered a rush back to the coffee fields of East Africa, a development that could help bring greater stability to the global coffee market.

Malaysia Airlines Loss Widens

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The parent of Malaysia Airlines reported a wider net loss in the second quarter as revenue was hurt by the disappearance of Flight 370 in March.

Dollar General Still Wants a Deal

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Its CEO said the company remains committed to trying to buy Family Dollar, calling antitrust concerns "very manageable."

Bankers Lament Loss of Code Names for Deals

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For the young bankers, choosing code names for deals are an amusing diversion from financial modeling, but one deal-making powerhouse is putting an end to the name game.

Twitter to Open Indonesia Office

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Twitter plans to open an office in populous Indonesia in the next three to six months, an executive said, highlighting the importance of fast-growing emerging markets as the company seeks future growth.

PetroChina Earnings Helped by Fuel-Pricing Reforms

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PetroChina said its first-half net profit rose 4% from a year earlier after its refining business swung to a profit and its chemicals business narrowed its loss.

Oil a Flash Point in Scottish Vote

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British oil and gas reserves off Scottish shores in the North Sea have become a flash point in Scotland's debate over independence.

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