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CVC Reported Near Deal To buy AlixPartners

Private equity firm CVC Capital Partners is nearing a deal to buy restructuring and consulting firm AlixPartners for more than $1 billion, according to several people familiar with the matter.

GM Reported Buying Back Part Of China Joint Venture

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General Motors (GM.N) and Chinese partner SAIC Motor Corp. (600104.SS) have agreed to let GM to buy back the 1 percent share of the joint venture the Detroit automaker sold during its financial crisis several years ago, according to a source familiar with the plan.

Court Backs Political Ads On Public TV

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A divided federal appeals court struck down a federal ban on political advertising on public TV and radio stations, a decision that could open the public airwaves to campaign ads for the November elections.
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A Buick Excelle on display in Shangai

GM China Sales Up On Demand for Buick Excelle

GM sales in China rose sharply in March, a somewhat unexpected increase, as competitors in the country are seeing only modest gains. Sales were driven into high gear by the six-speed Buick Excelle, a luxury sedan manufactured locally that -- at over $20,000 -- is an icon of achievement for the burgeoning upper middle-class in China.
Ford Lincoln MKZ Sedan 2013

Ford Revives Lincoln With Glass Roof And 'Date Nights'

Ford Motor Co is rolling out new Lincoln models with a panoramic glass roof option to lure younger, more affluent buyers, as the No. 2 U.S. automaker tries to revive a luxury brand whose sales peaked two decades ago.
Apple CEO Tim Cook talks to employees at an Apple store in central Beijing

Apple’s Cook in China: What’s The Strategy?

Apple (Nasdaq: AAPL) CEO Tim Cook’s visit to China isn’t for sightseeing. Rather, the new boss has met Vice Premier Li Keqiang, who may be the next Premier of China, as well as other officials.
New Cars Dealership

Fuel-Efficient Cars Drive Auto Sales Higher in March

March auto sales are expected to reach their highest levels since 2007, driven by increased consumer confidence, inventory levels, demand for fuel-efficient cars and redesigns of popular models like the Toyota Camry and Honda Civic, according to recent industry reports.
Workers wait in front of the Opel plant of Bochum

Opel May Close Two European Factories - Reports

Rumors of factory closings swirl around General Motors Co.'s German subsidy Opel, even as the company leads the way in sales of its electric Ampera, the European version of the Chevy Volt.
Indian Flag Flies

India Car Prices To Rise With New Excise Tax

Major car manufacturers will raise prices across the board in India following a budget announcement by Finance Minister Pranab Mukherjee on Friday, Indian newspaper The Hindu reported.
A worker inspects a Land Rover Discovery on the production line at their Production Facility in Solihull

India to Surpass Japan as No. 2 Asian Car Market by 2016

India will surpass Japan as the No. 2 vehicle market in Asia by 2016, according to a report in the Wall Street Journal based on data and research from IHS Automotive. The report also says that auto sales in China, Asia and the world's largest market, will continue to grow steadily through the rest of the decade.
TCL Multimedia employees work at a production line in a factory in Huizhou, in China's southern Guangdong province October 8, 2010.

Beijing Takes a Brand-New Approach to 'Made in China'

Two new Chinese LCD screens in Beijing's imposing Great Hall of the People will replace screens made by a Japanese competitor, in a sign of resolve to supply the world with Chinese brands and not just Made in China products.
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Futures Edge Lower Ahead Of Jobs Report

Stock index futures edged lower on Friday after their strongest two-day gain in nearly three months and ahead of a report likely to show employment grew solidly for a third straight month.
Israeli President Shimon Peres (R) poses with Facebook CEO Mark Zuckerberg at the company's headquarters in Menlo Park, California, in this handout photo released to Reuters by the Office of the President March 6, 2012.

Facebook Adds Women, Minority-Owned Banks for IPO

Facebook Inc added several women- and minority-owned investment banks to the roster of underwriters for its initial public offering, following in the footsteps of General Motors Co and Goldman Sachs Group Inc, which did the same during their own offerings.
jobless claims

Unemployment Rate Likely To Hold At 8.3% In February

Employers probably hired more than 200,000 workers for a third straight month in February, indicating that companies are feeling more upbeat about the U.S. economic recovery, economists said before a report this week.

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