NEW YORK - The stock market's break in its recent rally this week left investors wondering if they're seeing a turning point or just a blip in the upward path. | Video
LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.
Ericsson wins $1 billion contract from India's Reliance Comm
MUMBAI (Reuters) - Indian mobile phone carrier Reliance Communications Ltd (RLCM.NS) said on Monday that it has awarded an eight-year contract valued at $1 billion to telecommunications equipment maker Ericsson (ERICb.ST) to manage its networks in the northern and western states of India.
Last month, Reliance Communications gave Alcatel-Lucent SA (ALUA.PA) an eight-year contract valued at more than $1 billion to manage its mobile and fixed networks in east and south India.
(Reporting By Aradhana Aravindan; Editing by Prateek Chatterjee)
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