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Apple weathers anti-U.S. demo in China, where patriotic protests snowball

HONG KONG Apple Inc found itself on the receiving end of a small, short-lived anti-U.S. protest this week in China, the tech firm's biggest overseas market and a country where foreign firms have suffered damaging boycotts following international spats.

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GM re-evaluates India investment, new car platform on hold

NEW DELHI General Motors is re-evaluating its planned $1 billion investment in India and has put on hold moves to bring a new car platform to India as it re-assesses its strategy in the country, according to company officials.

12:33pm EDT

China's growth sucks in more debt bucks for less bang

BEIJING As China's economy notches up another quarter of steady growth, the pace of credit creation grows ever more frantic for every extra unit of production, as inefficient state firms swallow an increasing share of lending.

Jul 23 2016

Melker Schorling, Sweden's quiet tycoon with the Midas touch

STOCKHOLM Business tycoon Melker Schorling, one of Sweden's most prominent investors, says he is well-positioned to expand his 60 billion crown ($7 billion) investment empire even as he prepares to hand over affairs to his daughters.

7:53am EDT

Exclusive: Libya oil exports threatened as NOC warns against port deal

LONDON/TUNIS Libya's hopes to boost crude exports have been dealt a blow after the head of the National Oil Corporation (NOC) objected to a deal between the government and local guards to reopen key ports. 

10:36am EDT

Bottom line: brands chase China's high-end lingerie market

HONG KONG High-end lingerie sales are outpacing China's generally downbeat luxury market, and heating up competition between international brands and local rivals looking to go upmarket.

Jul 23 2016

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