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Blackstone’s Schwarzman launches ambitious scholars program in China

When Blackstone Group Co-founder and Chief Executive Stephen Schwarzman was asked by the president of China's elite Tsinghua University to design a major initiative for the school, the private equity billionaire decided to aim high. Schwarzman hit upon the idea of creating a one-year Master's …

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Blackstone’s Schwarzman launches ambitious scholars program in China

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Oklahoma judge OKs McClendon land sale, freeing Thunder stake

By Ben Fenwick and Jessica DiNapoli OKLAHOMA CITY/NEW YORK (Reuters) – The judge overseeing Aubrey McClendon's estate approved a land deal on Friday that will pay off one of the late energy …

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Oklahoma judge OKs McClendon land sale, freeing Thunder stake

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Wal-Mart stops selling Egyptian cotton sheets made by India’s Welspun

Wal-Mart Stores Inc on Friday said it will stop selling Egyptian cotton sheets made by Welspun India after the Indian manufacturer was unable to assure them the products were authentic. Last month, U.S. retailer Target Corp severed ties with Welspun after accusing them of passing off cheap sheets as premium Egyptian cotton for two years. “Welspun has not been able to assure us the products are 100 percent Egyptian

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Wal-Mart stops selling Egyptian cotton sheets made by India’s Welspun

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Exiled tycoon Mallya: India wrong to sequester some assets in graft case

Exiled tycoon Vijay Mallya said on Sunday that Indian authorities trying to recover about $1.4 billion from his collapsed Kingfisher Airlines had no legal grounds for sequestering certain assets in a money laundering case. The Enforcement Directorate (ED) tweeted on Saturday that it had “attached” properties worth 14.11 billion Indian rupees ($210.78 million) in the case involving a loan from state-owned IDBI Bank

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Exiled tycoon Mallya: India wrong to sequester some assets in graft case

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India’s Mallya says willing to reach ‘reasonable’ debt settlement: FT

Mallya, 60, flew first class from Delhi to London on March 2 at a time when the Indian government and mainly state-controlled banks are trying to recover $1.4 billion owed by his collapsed Kingfisher Airlines

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India’s Mallya says willing to reach ‘reasonable’ debt settlement: FT

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VW may offer discounts to owners of cars with illicit software, DPA says

FRANKFURT/BERLIN (Reuters) – Volkswagen may offer VW owners in Germany discounts on new cars if they turn in certain old models affected by the emissions scandal that has rocked Europe's biggest carmaker, German news agency DPA reported on Sunday. Volkswagen is battling the biggest business crisis in its 78-year history after admitting last month it installed software in diesel vehicles to deceive U.S. regulators about the true …

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VW may offer discounts to owners of cars with illicit software, DPA says

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Apple seeks India government approval to set up retail stores

MUMBAI (Reuters) – Apple Inc has filed an application with the Indian government to set up its retail outlets in one of the fastest-growing smartphone markets, a spokesman for the Cupertino

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Apple seeks India government approval to set up retail stores