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Iran says it sealed Boeing plane deal at half price

Iran said on Sunday it had negotiated to pay only about half the announced price for 80 new Boeing airliners in an order that the American planemaker had said was worth $16.6 billion. Boeing and its European rival Airbus have both signed huge contracts this month to supply airliners to Iran, the first such deals since international sanctions were lifted under a deal to curb Tehran's nuclear program. Replacing Iran's antiquated civil aviation …

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Iran says it sealed Boeing plane deal at half price

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Samsung to buy car tech firm Harman for $8 billion, South Korea’s biggest overseas deal

By Hyunjoo Jin and Miyoung Kim SEOUL (Reuters) – Samsung Electronics announced an $8 billion deal on Monday to buy Harman International Industries, marking a major push into the auto electronics market and the biggest overseas acquisition ever by a South Korean firm. The electronics giant previously shunned big acquisitions, and the latest deal underscores a strategic shift as the company tries to break into the high-barrier automotive industry where it has little…

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Samsung to buy car tech firm Harman for $8 billion, South Korea’s biggest overseas deal

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U.S. business spending tepid; labor market firming

By Lucia Mutikani WASHINGTON (Reuters) – New orders for U.S. manufactured capital goods unexpectedly fell in September amid weak demand for computers and electronic products, which could temper expectations for an…

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U.S. business spending tepid; labor market firming

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Qualcomm to buy NXP for $38 billion in biggest chip deal

Smartphone chipmaker Qualcomm Inc agreed to buy NXP Semiconductors NV for about $38 billion in the biggest-ever deal in the semiconductor industry, making it the leading supplier to the fast-growing automotive chips market. The acquisition will also help Qualcomm, which provides chips to Android smartphone makers and Apple Inc , reduce…

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Qualcomm to buy NXP for $38 billion in biggest chip deal

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U.S. judge approves $14.7 billion deal in VW diesel scandal

By David Shepardson WASHINGTON (Reuters) – A U.S. judge on Tuesday approved one of the biggest corporate settlements on record, Volkswagen AG's $14.7 billion deal arising from its diesel emissions cheating scandal, and the German automaker said it would begin buying back polluting cars in mid-November. U.S. District Judge Charles Breyer in San Francisco signed off …

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U.S. judge approves $14.7 billion deal in VW diesel scandal

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TD Ameritrade faces scrutiny over Scottrade purchase

TD Ameritrade has agreed to buy Scottrade for $2.7 billion in a deal that would bring together two of the biggest U.S. discount brokerages, but is expected to face scrutiny from regulators. In a connected deal, Toronto-Dominion Bank , TD Ameritrade's biggest shareholder, said on Monday it had agreed to buy Scottrade's banking business for $1.3 billion as it continues to ramp up its expansion in the United States. TD Ameritrade's acquisition of Scottrade combines two …

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TD Ameritrade faces scrutiny over Scottrade purchase

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Kuka nears deal with Chinese bidder: source

BERLIN/FRANKFURT (Reuters) – German robotics maker Kuka is on the brink of agreeing to an investor agreement with Chinese bidder Midea that includes a long-term commitment to existing headquarters, factories and jobs, a source close to the negotiations said. Kuka needs to decide in the coming week whether it wants to recommend the acceptance of Midea's 4.5 billion euro ($4.99 billion) bid, the biggest German industrial technology company to be targeted by a Chinese buyer in a wave of recent deals. …

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Stuck with dangerous dollar dominance

By Mike Dolan LONDON (Reuters) – The world is getting an object lesson on the problems of having one dominant global currency and even the supposed prime beneficiary, the United States, can see the downside…

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Stuck with dangerous dollar dominance

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Oil dips on Canada output prospects, record U.S. stocks

By Simon Falush LONDON (Reuters) – Crude prices fell on Wednesday as oil sands production in Canada restarted after forced closures due to wildfires, and as already record-high inventories especially in the United States grew. U.S. West Texas Intermediate (WTI) futures were down 44 cents at $44.22 a barrel. A battle between Middle East producers for market share in Asia also weighed on prices, countering production declines and disruptions around the world.

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Mitsubishi Motors says improper data may have been used for more models

By Naomi Tajitsu TOKYO (Reuters) – Mitsubishi Motors Corp said on Wednesday that improper data for mileage calculations might have been used for other models in addition to those it has already disclosed. On Wednesday, it said it suspected improper…

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Mitsubishi Motors says improper data may have been used for more models

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