Lion Air Orders 40 More ATR Planes

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Lion Group, the parent of Indonesian discount carrier Lion Air, placed a US$1 billion order with European aircraft maker ATR for 40 additional planes.

Coke, SABMiller Strike Africa Deal

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Coca-Cola and SABMiller have struck a new multimillion-dollar brand and bottling deal as the companies, two of the world’s biggest drinks makers, eye a bigger share of the African beverage market.

Oil Price Falls After OPEC Stands Pat

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OPEC members agreed to stick to the oil-producer group’s existing output target—a move that would require modest cuts in production but which stops well short of the stronger action some members had called for to bolster prices.

Macquarie Group, Kuwait's Sovereign-Wealth Fund to Buy E.On's Spanish Assets

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German power utility E.ON has agreed to sell its Spanish assets to Australia’s Macquarie Group and Kuwait’s sovereign-wealth fund in a deal worth $3.1 billion.

EU Poised to Approve Lower-Cost Rockets

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European politicians are poised to approve a new generation of lower-cost rockets, partly in response to competition from U.S. launch providers, government and aerospace-industry officials on both sides of the Atlantic say.

France, Germany Seek New Internet Powers

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French and German officials called on EU officials to take a fresh look at the competitive and tax behaviors of big U.S. Internet companies in a push for greater regulation.

Rémy Cointreau Takes a Bet on China

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The French drinks maker is convinced that ultra-rich Chinese will again sip from the world’s most expensive bottles of cognac following a slump in demand that stems from an anticorruption campaign.

In Thailand, Firms Add Apprentices

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An increasing number of companies in Thailand, including many in the auto industry, are rolling out apprenticeship programs aimed at beefing up the country’s workforce.

Honda, Takata Recalls Began as Early as 2002

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Honda recalled a batch of Accord passenger cars in 2002 for Takata Corp. air bags at risk of rupturing, well before the company has said it first learned of injuries.

Standard General May Give Up Some of Its RadioShack Stake

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Standard General LP has agreed to give up some of its potential stake in a recapitalized RadioShack Corp.

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