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Samsung Electronics warns of political risks as chips boost Q4 profit

Samsung Electronics Co Ltd on Tuesday said it expects profit growth in 2017 despite challenges arising from political uncertainty, after record chip earnings glossed over the Note 7 smartphone fiasco in the fourth quarter. The South Korean tech giant and Apple Inc rival …

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Samsung Electronics warns of political risks as chips boost Q4 profit

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More businesses must work with suppliers to curb climate change: study

Too few businesses are working with their suppliers to reduce greenhouse gas emissions, according to study that praised 29 companies including General Motors , Sky and Sony Corp for taking the lead. “The supply chain is the new frontier in environmental responsibility – an area rich with opportunity that remains mostly unexplored,” non-profit group CDP, formerly known as the Carbon Disclosure Project, wrote in its report published on Tuesday.

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More businesses must work with suppliers to curb climate change: study

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U.S. judge approves VW dealers $1.2 billion settlement

Volkswagen AG's dealers will receive an average of $1.85 million in a $1.2 billion settlement approved by a U.S. judge on Monday over its diesel emissions scandal. U.S. District Judge Charles Breyer said the 650 U.S. dealers would be paid over 18 months, ruling the settlement “fair, reasonable, and adequate.” VW also agreed to keep making volume-based incentive payments to dealers, and will allow them to defer capital improvements for two years. In total, VW has now…

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U.S. judge approves VW dealers $1.2 billion settlement

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Samsung chief questioned behind closed doors in arrest warrant hearing

A South Korean judge questioned Samsung Group leader Jay Y. Lee behind closed doors on Wednesday to decide whether he should be arrested over his alleged role in a corruption scandal that led parliament to impeach President Park Geun-hye. Lee, 48, in dark overcoat and purple necktie, did …

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Samsung chief questioned behind closed doors in arrest warrant hearing

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Wal-Mart, General Motors reaffirm jobs long planned, Trump says thanks

Wal-Mart will add 10,000 jobs this year while GM announced $1 billion in investment that would create 1,500 U.S. jobs. Trump, who takes office on Friday, has repeatedly singled out and criticized U.S. companies across industries for not doing more to keep jobs in the United States and has put pressure on them to hire more U.S. workers.

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Wal-Mart, General Motors reaffirm jobs long planned, Trump says thanks

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BAT agrees to buy Reynolds for $49 billion

By Paul Sandle LONDON (Reuters) – British American Tobacco has agreed a $49.4 billion takeover of U.S. rival Reynolds American Inc , creating the world's biggest listed tobacco company after it increased an earlier offer by more than $2 billion. BAT, which already owned 42 percent of Reynolds, will pay $29.44 in cash and 0.5260 BAT shares for each Reynolds share, it said, a 26 percent premium over the price of the stock on Oct. 20, the day before BAT's first offer was made public. Reynolds, the maker of Camel and …

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BAT agrees to buy Reynolds for $49 billion

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Luxottica and Essilor agree 46 billion euro merger to create eyewear giant

By Valentina Za and Sudip Kar-Gupta MILAN/PARIS (Reuters) – Italy's Luxottica and France's Essilor have agreed a 46 billion euro ($49 billion) merger to create a global powerhouse in the eyewear industry with annual revenue of more than 15 billion euros, they…

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Luxottica and Essilor agree 46 billion euro merger to create eyewear giant

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Volkswagen faces reforms, oversight for three years under U.S. settlement

Volkswagen AG, as part of a $4.3 billion settlement with U.S. regulators, on Wednesday agreed to sweeping reforms, new audits and oversight by an independent monitor for three years to resolve diesel emissions cheating investigations. Under the settlement of charges it installed secret software in U.S. vehicles to allow them to emit up to 40 times legally allowable pollution, the German automaker agreed to change the way it operates in the United States and other countries. VW will separate the jobs of product development and certification …

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Volkswagen faces reforms, oversight for three years under U.S. settlement

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US homebuilder confidence holds steady in November

U.S. homebuilders' confidence in the housing market held steady this month, but many are worried that another fight over the federal budget could cause would-be buyers to put off home purchases.

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US homebuilder confidence holds steady in November

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Deadline extended for Google to respond to EU’s AdSense complaint

By Foo Yun Chee BRUSSELS (Reuters) – Alphabet unit Google has been given an extra week to formally respond to allegations by the European Commission that it was blocking rivals in online search advertising, a move

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Deadline extended for Google to respond to EU’s AdSense complaint

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