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GM and China’s SAIC to push into Indonesia with no-frills vans

BEIJING (Reuters) - General Motors and Chinese partner SAIC Motor Corp will soon announce a joint push into Indonesia, using their no-frills Wuling brand to establish a beachhead in Southeast Asia’s biggest market and from there tackle other markets in the region.

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Islamic finance looks to outgrow bad habits as it expands

(Reuters) - After a year of landmark deals which are opening new markets for Islamic finance, the industry is under fresh pressure to address some of its shortcomings and prove that it is not just an imitation of conventional finance.

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Greece offers olive branch as search for allies begins

A man walks past closed businesses in central Athens on January 29, 2015Greece's anti-austerity government was to begin a European charm offensive Sunday aimed at building consensus on renegotiating its 240-billion-euro ($270 billion) bailout, even as Germany insisted it would not support any debt relief. Just hours before Finance Minister Yanis Varoufakis headed to Paris to seek support for a renegotiation of the bailout, Prime Minister Alexis Tsipras said he believed a deal could be reached with the EU and IMF.

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China factory activity slowest since 2012

Manufacturing woes will strengthen calls for monetary and fiscal stimulus

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China factory activity slowest since 2012

Manufacturing woes will strengthen calls for monetary and fiscal stimulus

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Hong Kong billionaire Li Ka-shing bets on Europe as China slows

Famed for his sharp business acumen and knack for perfectly timed investments, Hong Kong billionaire Li Ka-shing is shifting away from a slowing Chinese economy and bargain hunting in EuropeFamed for his sharp business acumen and knack for perfectly timed investments, Hong Kong billionaire Li Ka-shing is shifting away from a slowing Chinese economy and bargain hunting in Europe.

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Deadline passes in U.S. refinery workers contract talks

HOUSTON (Reuters) - Contracts for unionized U.S. refinery workers began expiring at 12:01 a.m. Eastern Time on Sunday (0401 GMT) without word from labor or refinery owners about the outcome of talks for a new national pact. The national agreement between the United Steelworkers union (USW) and oil companies, which covers workers at 63 refineries accounting for two-thirds of U.S. refining capacity, expires at 12:01 a.m. local time on Sunday in the time zone where each refinery is located. Negotiators for the USW and Royal Dutch Shell Plc, which represents U.S. ...

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Three climbers rescued after fall on Oregon's Mt. Hood

By Courtney Sherwood PORTLAND, Ore. (Reuters) - Two mountain climbers were rescued by helicopter on Saturday after they fell on Oregon's Mount Hood at an altitude of more than 10,000 feet (3,048 meters), and a third climber was helped down the mountain on foot, authorities said. The climbers, two men and one woman, were injured on the renowned peak when they fell in the Hog's Back region, the Clackamas County Sheriff's Office said in a statement. Authorities did not provide details on how far the climbers had fallen. Sheriff's deputies worked to reach the injured climbers in conjunction with Portland Mountain Rescue, who were in the area training at the time, and a team from the ambulance and helicopter rescue company AMR touched down to come to the climbers assistance within hours of their fall, officials said.

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Scientist considered father of birth control pill dies

China manufacturing unexpectedly shrinks in January: govt

Workers assemble LED lights at a factory in Zouping, in eastern China's Shandong province on December 31, 2014China's manufacturing activity contracted for the first time in more than two years in January, an official survey showed Sunday, signalling further downward pressure on the world's second-largest economy. The official Purchasing Managers' Index (PMI) released by the National Bureau of Statistics (NBS) came in at 49.8 last month, down from 50.1 recorded in December.

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