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Stanley Thai, Founder and Executive Chairman of Supermax tells CNBC how he built the world's second largest glove maker.
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BERLIN- German business sentiment rises far more than expected in May, rebounding after two consecutive falls and suggesting Europe's largest economy is picking up steam after posting anaemic growth in the first quarter. ( GERMANY- ECONOMY/, expect by 0930 GMT/ 5.30 AM ET, by Sarah Marsh, 600 words).
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NEW YORK, May 17- In the financial world, arbitrage is a trading strategy that earns profit by exploiting price differences between markets. "That's the way we look at it," says Prescher, who lives with his wife, Suzan Haskins, in an apartment with a view of Mount Imbabura. "
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Inbound M&A into India totals $9.86 billion this year, the highest in Asia, Thomson Reuters data shows, pointing to growing confidence among overseas firms in the potential of a 1.2 billion-strong consumer market. "India as a country is under-consumed. In 2012, foreign direct investment into India dipped about 7 percent to $29.3 billion.
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May 15- A trans-Atlantic divide between European and U.S. retailers over how best to respond to fatal disasters in Bangladesh textile factories split wide open on Wednesday, with U.S. retailers claiming their European counterparts are giving labor unions too much control over ensuring workplace safety.
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Wednesday is the deadline for retailers to decide whether to sign onto a fire-and-building safety agreement for Bangladesh, led by labor groups such as Europe's IndustriALL. Almost 30 garment and retail brands sourcing from Bangladesh- including the world's two biggest fashion retailers- have signed up so far, though few major U.S. companies have done so.
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*BG Group, OGX, Total, BP among winners at Brazil auction. RIO DE JANEIRO, May 15- For the first time in nearly five years, Brazil's flagging oil industry has received serious interest from private investors.
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May 15- Wal-Mart Stores Inc stepped up Bangladesh factory inspections while U.S. and European retailers pursued separate accords to try to prevent another disaster in a garment industry where more than 1,200 workers have died in the past six months.
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May 15- Wal-Mart Stores Inc stepped up Bangladesh factory inspections while U.S. and European retailers pursued separate accords to try to prevent another disaster in a garment industry where more than 1,200 workers have died in the past six months.
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KUWAIT, May 15- A ruling by Kuwait's top court next month could end a period of relative political stability, jeopardising government plans to push ahead with long-delayed economic projects.
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*BG Group, OGX, Total, BP among big winners at Brazil auction. RIO DE JANEIRO, May 15- For the first time in nearly five years, Brazil's flagging oil industry has received a jolt of serious interest from private investors.
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May 15- Wal-Mart Stores Inc stepped up Bangladesh factory inspections while U.S. and European retailers pursued separate accords to try to prevent another disaster in a garment industry where more than 1,200 workers have died in the past six months.
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*Sharp to boost supply business to Samsung as Apple growth slows. TOKYO, May 14- Japanese display maker Sharp Corp, a supplier to Apple Inc, will aim to boost sales to the iPhone maker's rival Samsung Electronics Co under a three-year rehabilitation roadmap after posting a worse-than-expected $5.4 billion net loss in the last financial year.
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*Will aim to boost supply to Samsung as Apple's growth slows- sources. TOKYO, May 14- Japanese display maker Sharp Corp, a supplier to Apple Inc, will aim to boost sales to the iPhone maker's rival Samsung Electronics Co under a three-year rehabilitation roadmap after posting a worse-than-expected $5.4 billion net loss in its latest financial year.
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SINGAPORE, May 14- Investors are becoming increasingly picky about which bonds and stocks they buy in Southeast Asia's fast-growing economies as the risk of policy bungling makes them more discerning.
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*Will aim to boost supply to Samsung as Apple's growth slows- sources. TOKYO, May 14- Japanese display maker Sharp Corp, a supplier to Apple Inc, will aim to boost sales to the iPhone maker's chief rival Samsung Electronics Co under a three-year rehabilitation roadmap to secure its survival.
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BOSTON, May 13- Looking for a low-cost college option? Patrick Finger, a high school senior from Southern California, did just that. He estimates his total expenses in Germany will amount to what he would spend in less than one year in the United States. "
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LONDON, May 13- A rush to lock in financing deals for zinc while they are still profitable has been the main driver behind a recent fall in inventories and will keep premiums high for industrial users, industry sources said.
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NEW DELHI, May 13- India's Goa state expects court approval to resume by year-end the production and export of iron ore from mines with a capacity of about 40 million tonnes as it has taken steps to rectify problems that led to a mining ban eight months ago, a state bureaucrat said.
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SINGAPORE, May 13- Following is a table of planned Asian naphtha crackers and European/U. Table 1: New naphtha/gas crackers in Asia. Table 2: Upcoming expansions in Asia.
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Stanley Thai, Founder and Executive Chairman of Supermax tells CNBC how he built the world's second largest glove maker.