Clorox rejects Carl Icahn’s buyout proposal as ‘inadequate’: statement

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(ChinaPost.com.tw) – Clorox on Tuesday rejected the latest buyout offer from billionaire investor Carl Icahn, after he raised his bid for the cleaning-products company last week. “Our board has carefully considered Mr. Icahn’s revised proposal and co…

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Pembayaran Non Tunai Siap Hadapi Lebaran

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Bank Indonesia menyatakan bahwa sistem pembayaran non tunai siap melayani kebutuhan masyarakat dalam menyambut Hari Raya Idul Fitri 1432 H.

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EU files complaint against China on X-ray scanner anti-dumping duties

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(ChinaPost.com.tw) – The European Union has filed a complaint against China over anti-dumping duties imposed by Beijing on European —ray security scanners, the World Trade Organization (WTO) said on Tuesday.

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US government close to deal on fuel economy with automakers: sources

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(ChinaPost.com.tw) – Officials say the Obama administration is close to a deal with automakers to boost fuel economy. Officials familiar with talks between the White House and automakers say recent changes to make it easier for light trucks to become m…

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Handset maker LG Electronics Q2 net profit plunges, sales plummet

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(ChinaPost.com.tw) – LG Electronics, a top global manufacturer of mobile phones and flat-screen TVs, said second-quarter net profit plunged as sales declined and its mobile phone business remained in the red.

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French autmaker Peugeot Citroen reports profit rise but shares slump

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(ChinaPost.com.tw) – French auto group PSA Peugeot Citroen reported a first-half net profit rise of 5 percent on Wednesday but its outlook for the year disappointed the market and the shares fell by 6.14 percent to 27.69 euros.

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Steelmaker ArcelorMittal profit dips; outlook remains positive for 2nd half

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(ChinaPost.com.tw) – ArcelorMittal said Wednesday that second-quarter net profit fell 11 percent from a year earlier, mostly due to a year-earlier gain, but the world’s largest steelmaker maintained a positive outlook for the second half of 2011.

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Britons value income more than job satisfaction: survey

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(ChinaPost.com.tw) – British workers put pay above job satisfaction when changing jobs, in a reversal of priorities from last year, a survey showed on Wednesday.

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Hong Kong trading debut sees Chinese retail giant surge 41%

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(ChinaPost.com.tw) – China’s top hypermarket operator Sun Art Retail group soared as much as 41 percent on its Hong Kong trading debut Wednesday, after raising US$1.06 billion from its initial public offering.

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Australia inflation makes surprise leap as local currency tops record

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(ChinaPost.com.tw) – Australian inflation unexpectedly jumped in the June quarter, data showed Wednesday, adding pressure on the central bank to hike interest rates further and sending the local dollar to a record high.

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