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German data leads Europe shares higher, dollar steadies

LONDON - European shares rose on Monday, led higher by Germany after upbeat factory activity, while the dollar steadied following signs the U.S. economy may be emerging from a recent soft patch.

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Tesla faces competition for customers, subsidies

LOS ANGELES - Tesla Motors Inc's plan to generate new revenue by repackaging electric car batteries as home and business power storage systems faces stiff competition for both customers and the government subsidies that are critical to the market’s growth.

6:02am EDT

Qatar Airways' plans to boost flights may rile U.S. airlines

NEW YORK - Qatar Airways on Monday said it plans to expand its services to the United States, in a move that likely will trigger a backlash from U.S. airlines that accuse it of competing unfairly through state subsidies.

5:04am EDT

ANZ to sell loans worth $6.5 billion in dealer finance biz

SYDNEY - Australia and New Zealand Banking Group on Monday said it plans to sell its Esanda dealer finance business, which includes A$8.3 billion ($6.51 billion) in loans to motor vehicle dealers.

2:40am EDT

TomTom CEO says its maps destined for use in self-driving cars

AMSTERDAM - Dutch navigation company TomTom aims to become a main provider of technology for self-driving cars as it charts its way back to success after seven lean years, chief executive Harold Goddijn said.

3:07am EDT

McDonald's faces 'show me' moment with new CEO strategy

LOS ANGELES - McDonald's new Chief Executive Steve Easterbrook is set to unveil his plan on Monday to revive growth as the world's largest hamburger chain struggles to win back consumers and investors.

03 May 2015

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