Asian stocks move higher, although gains are capped in holiday-thinned trade that saw financial shares such as Mitsubishi UFJ Financial Group and Kookmin Bank leading the action in Tokyo and Seoul, while shares in Taipei also rise in the final trading session before weekend presidential elections.
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Electricite de France SA is in talks about teaming up with Spanish construction firm Actividades de Construcción y Servicios SA to make bids worth morth than $100 billion for two of Spain’s largest utility companies, Iberdola and Union Fenosa, according to a published report.
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Inveterate Media Web readers know much I hate to sound jaded. This week, it’s easy to feel cynical, though, thanks to the announcement of the annual National Magazine Award nominations. I think these awards are a nothing more than a popularity contest.
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The smart-phone maker got hit by restructuring charges that even strong Centro sales couldn’t offset.
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Frustrated shareholder launches tender offer for network firm.
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Chipmaker raises dividend as it readies cheap computer.
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