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  • WASHINGTON, July 20- The U.S. Commerce Department said in a statement on Wednesday that it had determined imports of large residential washers from China have been sold in the United States at dumping margins of 49.88 percent to 111.09 percent.

  • LONDON, July 20- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. July 20 Moody's says Brexit won't hurt EU finances but there is now a risk of political fragmentation. From the it-all-depends-on-who-you-are department: Appliance-maker...

  • HONG KONG— India has the most transparent companies while Chinese firms are the most opaque, according to a global watchdog's survey released Monday that assesses the efforts of companies in emerging markets to fight corruption. Transparency International said the report's findings were "pathetic" and highlighted the urgent need for big multinational...

  • SHANGHAI, June 22- China's main stock indexes closed up on Wednesday as more investors bet Britain will vote to stay in the European Union this week, while Federal Reserve Chair Janet Yellen's cautious tone on future rate hikes also soothed market sentiment. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.9 percent to 3,133.96...

  • SHANGHAI, June 22- China and Hong Kong shares rose on Wednesday morning, as more investors bet Britain will vote to stay in the European Union this week, while Federal Reserve Chair Janet Yellen's cautious tone on future rate hikes also soothe market sentiment. In Hong Kong, both the Hang Seng index and the Hong Kong China Enterprises Index added 0.4 percent.

  • BERLIN, June 20- German billionaire businessman Friedhelm Loh does not plan to launch a counter offer for German industrial robot maker Kuka, the target of a 4.5 billion euro bid by China's Midea, he told a German newspaper. Kuka is the biggest German industrial technology company to be targeted by a Chinese buyer in a wave of deals over recent months and the bid...

  • *Says can help Kuka grow in China. FRANKFURT, June 16- China's Midea said it would allow German industrial robot maker Kuka to operate independently and help it expand in China as it formally launched a 4.5 billion-euro offer on Thursday. The Chinese company said it could help Kuka to broaden its product offering in China, the world's largest market for industrial...

  • What to do when it comes to extended warranties

    After you’ve spent your hard-earned cash on an appliance or tech item that costs a pretty penny, do you still need to plunk down more money on an extended warranty for it? CNBC’s Sharon Epperson gives you the insight the next time you are asked at the register if you want the extended warranty.

  • BERLIN, June 13- China's Midea Group Co Ltd is only seeking a 49 percent stake in German industrial robot maker Kuka, Handelsblatt reported on Monday, citing unnamed sources in the German government. Chancellor Angela Merkel said during a visit to Beijing on Monday there was a general openness towards investments from China, but it was expected that the country...

  • BERLIN, June 13- China's Midea Group Co Ltd is only seeking a 49 percent stake in German industrial robot maker Kuka, Handelsblatt reported on Monday, citing unnamed sources in the German government. Chancellor Angela Merkel said during a visit to Beijing on Monday there was a general openness towards investments from China, but it was expected that the country...

  • LONDON, June 13- China Three Gorges, which operates the world's largest hydropower plant on China's Yangtze river, will buy German offshore wind park Meerwind from U.S. buyout firm Blackstone, the companies said on Monday. The deal, signed during a visit by German Chancellor Angela Merkel to China, has German government approval despite growing controversy over...

  • BEIJING, June 13- German Chancellor Angela Merkel signaled on Monday that she would not try to prevent a Chinese takeover of German robot maker Kuka but also left the door open to German firms making a counter-offer. The offer has fanned a furious debate over Chinese takeovers in Europe, with some German politicians calling for tougher restrictions.

  • BEIJING, June 13- German Chancellor Angela Merkel signaled on Monday that she would not try to prevent a Chinese takeover of German robot maker Kuka but also left the door open to German firms making a counter-offer. "And by the way nobody in Germany is forbidden from getting involved with Kuka," she added. Merkel said there was a general openness towards...

  • BEIJING, June 13- Siemens has no interest in becoming a white knight for German robot maker Kuka, which is the target of a 4.5 billion euro takeover bid by Chinese home appliance maker Midea, Siemens' chief executive said. Midea's bid has fanned a furious debate over Chinese takeovers in Europe, with politicians such as German Economy Minister Sigmar Gabriel...

  • BEIJING, June 12- Siemens has no interest in becoming a white knight for German robot maker Kuka, which is the target of a 4.5 billion euro takeover bid by Chinese home appliance maker Midea, Siemens' chief executive said. Midea's bid has fanned a furious debate over Chinese takeovers in Europe, with politicians such as German Economy Minister Sigmar Gabriel...

  • *German chancellor makes ninth trip to China since 2005. BERLIN, June 10- After a golden decade for economic ties between Germany and China, concerns are growing in Berlin over barriers to foreign firms in China, Beijing's more muscular foreign policy and its increased authoritarianism at home. "We won't be able to avoid tough conflicts with China in the next...

  • BERLIN, June 9- Germany's economy minister called on Thursday for a European-wide safeguard clause which could stop foreign takeovers of firms whose technology is deemed strategic for the future economic success of the region. A recent series of bids for German engineering firms has prompted Berlin to think about whether it needs to do more to protect...

  • *Chinese firms stepping up presence in Germany. BERLIN, June 8- Germany's economy minister called on Wednesday for an international "level playing field" in foreign investment amid concerns over rising Chinese interest in German firms and said Berlin wanted the European Union to tackle the issue. Sigmar Gabriel drew a distinction between open markets and what...

  • FRANKFURT, June 6- Shanghai Yiqian Trading Company is to buy a majority stake in Germany's Hahn airport, one of its owners said on Monday, providing more evidence of China's interest in the international aviation industry and also in buying up German businesses. Last month, China- based home appliance maker Midea Group offered to buy Kuka, valuing the German...

  • BERLIN, June 3- Germany denied interfering in Chinese home appliance maker Midea's 4.5 billion euro bid for industrial robot maker Kuka on Friday, saying it was not organizing a rival offer. German government sources have said Berlin would examine how critical Kuka's technology is for the digitisation of industry, an economic priority for Chancellor Angela...