COMPANIES

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Germany, GM to meet Opel bidders Tuesday: government sources

German government officials and General Motors representatives will meet the remaining bidders for Opel on Tuesday to work on forging a deal on who takes over the GM unit, government sources said on Monday. Two rounds of talks are planned, one with Canadian auto parts supplier Magna and one with RHJ International , a Belgium-based financial investor that traces its or...

Saudi/Shell JV says 2 Empty Quarter zones give gas

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A Royal Dutch Shell and Saudi Aramco joint venture said on Sunday that gas from two zones under exploration in the kingdom's Empty Quarter flowed at a combined rate of 90 million cubic feet per day.
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The top movies at the North American box office

Following are the top 10 films at the North American box office for the three-day weekend beginning on July 31, led by the new comedy Funny People, according to studio estimates compiled on Sunday by Reuters.
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HSBC's Maldonado blends science with art

HSBC's Bill Maldonado is a man who loves to mix science with art -- be that in running Halbis's hedge fund business, riding his high-power Ducati motorbike on a race track or piloting a light aircraft.
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Portfolio co IPOs likely on horizon for KKR

Private equity firm Kohlberg Kravis Roberts & Co is preparing for an initial public offering for discount retailer Dollar General, a source said, and others are speculated to follow as it looks to take advantage of a recent rise in equity markets.
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Las Vegas Sands targets $400 million bond sale

Las Vegas Sands, the world's largest casino firm, is seeking $400 million in short-term funding to help boost cash and restart construction of its stalled resort in Macau, local media reported on Saturday.
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German car industry says slump bottoms out

The downturn in the German car industry has bottomed out but it will take time before sales recover to the levels of recent years, the president of Germany's car industry association (VDA) said on Saturday.
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Workers to strike at S.African phone group Telkom

South Africa's Communications Workers Union said scores of its members will strike for two days next week, in the latest industrial action to hit the country and pile pressure on President Jacob Zuma.
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German state eyes control in VW-Porsche: report

The German state of Lower Saxony sees growing chances to wrest control in the merger of carmakers VW and Porsche from the Porsche and Piech families, a German magazine reported on Saturday.
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KKR portfolio companies' IPOs likely on horizon

Private equity firm Kohlberg Kravis Roberts & Co is preparing for an initial public offering for discount retailer Dollar General, a source said, and others are speculated to follow as it looks to take advantage of a recent rise in equity markets.
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Rowan says hedge fund-named director leaving board

Oil and gas drilling company Rowan Companies Inc said on Friday the director designated by Steel Partners II LP had resigned from its board because the activist hedge fund's stake fell below 5 percent.
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CDC Software tries to ride wave of Chinese IPOs

CDC Software Corp is hoping to ride the wave of well-received Chinese public stock offerings in the United States, but its estimated $57.6 million IPO could be hurt by weakness in the market for corporate software.
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GE and Wal-Mart renew private-label credit-card deal

General Electric Co said on Friday it had renewed its agreement to provide Wal-Mart Stores Inc's private-label credit cards for the next six years, in a move the biggest U.S. conglomerate said signaled its commitment to the credit card business.
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Frontier deal could create risks for Southwest

Southwest Airlines Co's bid for bankrupt Frontier Airlines could reignite growth at the airline, but questions remain about how smoothly the famously no-frills company can integrate the two carriers.
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BP, Total hit by refinery shutdowns

British oil major BP shut Europe's second largest oil refinery on Friday after a power outage, while gasoline units were closed in France and Germany by Total and a joint venture including Shell.
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Ford sees dramatic

Ford Motor Co has seen a sharp increase in sales over the past week since its dealers began accepting trade-ins under the U.S. government's
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Unity Media prepares $1 billion listing: sources

Unity Media, Germany's No. 2 cable operator, is preparing for an initial public offering toward the end of this year, raising as much as 1 billion euros ($1.4 billion), people familiar with the matter said.

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