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Shell reduces holding in Woodside Royal Dutch Shell on Tuesday announced it was reducing its stake in Australia's Woodside Petroleum, selling Aus$5.3 billion (US$5.0 billion) in shares as it focuses its Australian growth in directly-owned assets.

17 June 2014

Medical device maker Medtronic to buy Covidien for $42.9 bn US medical-device maker Medtronic will buy its Irish-based competitor Covidien for $42.9 billion, the company said.

16 June 2014

China Eastern to buy 80 Boeing 737s US aerospace giant Boeing said Friday that China Eastern Airlines has agreed to buy 80 737 aircraft, its biggest single-aisle purchase to date by a Chinese airline.

14 June 2014

Kyrgyzstan grants gold mine operating permits to Centerra Kyrgyzstan has granted a gold mine operating permit to Canada's Centerra Gold, barely making the deadline for a threatened shutdown of operations.

14 June 2014

Celine Dion's husband steps down as manager after 30 years For the first time in her career, Canadian songstress Celine Dion has appointed a new manager, as her husband steps down from the position he has held for more than 30 years.

12 June 2014

Japan's Dai-ichi Life to buy US firm for $5.7 bn Dai-ichi Life Insurance said Wednesday it would buy US-based Protective Life for $5.7 billion in a record deal, the latest overseas takeover by a Japanese firm to counter a declining market at home.

04 June 2014

France says proposed US fine on BNP Paribas 'unreasonable' France's foreign minister on Tuesday labelled as "unreasonable" a $10-billion-dollar fine the US is reportedly seeking from BNP Paribas bank on charges of violating sanctions on Iran, Sudan and Cuba.

03 June 2014

El Salvador joins cut-rate oil grouping El Salvador on Monday announced it has joined Petrocaribe, the Venezuelan energy subsidy program that gives access to cut-rate oil.

03 June 2014

New Apple software brings Macs and iPhones closer Apple on Monday unveiled new operating software it hopes will create a seamless experience for users flitting between its coveted mobile devices and popular Macintosh computers.

03 June 2014

Saudi tests Cadbury chocolate for pork traces Saudi Arabia has withdrawn Cadbury chocolate bars from the market for tests to ensure the products do not contain traces of pig DNA, after the banned substance was detected in Malaysia.

03 June 2014

You two: Bono, Edge join Fender board U2 stars Bono and The Edge have joined the Fender board of directors, adding some rock and roll glamor to a company whose guitars they have been using for decades, it said.

31 May 2014

Apple buys music star Beats for $3 bn Apple, seeking to bolster its position in the hotly contested online music sector, said Wednesday it was buying Beats Music and Beats Electronics in a much-hyped deal worth $3 billion.

29 May 2014

Amazon.com 'not optimistic' about Hachette book deal Online commerce titan Amazon.com on Tuesday said it doubted that it would soon bury the hatchet with book publisher Hachette.

29 May 2014

Starbucks comes under 7-Eleven control in Australia The owners of the 7-Eleven chain in Australia have taken control of coffee giant Starbucks' struggling local operations in a bid to turn around its fortunes, the company said.

29 May 2014

Accor buys 97 hotels in Europe for 900 mn euros Hotel group Accor on Tuesday announced the purchase of 97 hotels in Europe through its HotelInvest business for a total of 900 million euros ($1 billion).

28 May 2014

Mining giants slam Australia's 'high' taxes, costs and currency Three of the world's biggest miners have warned that government taxes, high costs and a strong currency are putting pressure on their Australian operations, reports said Monday, as they battle falling commodity prices owing to a supply glut.

26 May 2014

Hundreds of thousands of Google's Nest smoke alarms recalled The US Product Safety Commission on Wednesday issued a recall notice for 440,000 smoke and carbon monoxide alarms by Nest, a tech-driven start-up acquired by Google earlier this year.

22 May 2014

Australian tycoon sells racing empire to Mideast group Australian coal tycoon Nathan Tinkler on Wednesday said his thoroughbred breeding and racing empire had been bought by a consortium of local and Middle Eastern parties for an undisclosed sum.

21 May 2014

Google overtakes Apple as world's top brand US search engine Google has overtaken rival technology titan Apple as the world's top brand in terms of value, global market research agency Millward Brown said.

21 May 2014

Personal sports camera GoPro to hit stock market The company behind GoPro cameras used to capture sports action from players' perspectives filed on Monday to raise $100 million in a public stock offering.

21 May 2014

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