Eni Faces Pressure to Diversify

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Eni's new chief executive, Claudio Descalzi, is facing pressure to diversify away from the African continent, which is beset increasingly by geopolitical turmoil—and the operational disruptions that go with that.

Amazon Calls for Hachette to Cut E-Book Prices

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Amazon.com described its dispute with the Hachette Book Group as a battle for lower consumer prices on digital titles and a bigger payday for writers.

EU, U.S. Expand Sanctions on Russia

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The European Union and the U.S. adopted broad economic sanctions against Russia on Tuesday to punish Moscow's unbending stance in the Ukraine conflict.

DreamWorks Animation Reports Loss

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DreamWorks Animation swung to a second-quarter loss, as the film-animation studio saw revenues dive nearly 43%.

New Benefit Options for Digital Temps

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Companies and groups are starting to fill the benefits gap for freelance workers, offering access to disability and other insurance that can make project work a little more secure.

Flipkart Raises $1 Billion in Fresh Funding

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India's largest e-commerce company, Flipkart Internet, raised $1 billion in fresh funding as it girds for competition with Amazon and an eBay-backed rival for dominance in the world's second-most-populous nation.

Twitter Silences Naysayers as Users Surge

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Twitter quieted its doubters, at least for now, over its ability to jump-start shrinking user growth in the shadow of larger rival Facebook. The social-media company posted strong results across the board.

Twitter Silences Naysayers as Users Surge

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Twitter quieted its doubters, at least for now, over its ability to jump-start shrinking user growth in the shadow of larger rival Facebook. The social-media company posted strong results across the board.

Amgen Plans Job Cuts

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Amgen said it plans to reduce its global workforce by 12% to 15% and close facilities in two states as part of a restructuring that aims to focus resources on developing new drugs.

Rewards, Risks for BP in Russia

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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.

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