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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 9- Canadian Tire Corp, best-known for its namesake automotive and homeware stores, said it plans to create a C $3.5 billion real estate investment trust through an initial public offering in the fall of 2013..
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May 9- Canadian Tire Corp, best-known for its namesake automotive and homeware stores, said it plans to create a C $3.5 billion real estate investment trust through an initial public offering in the fall of 2013.. Canadian Tire- owned properties currently occupy about 25 million square feet across Canada.
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The Israel- based company, which has submitted a bid with two partners to build a semiconductor plant in India, also said on Thursday it had been advised a decision would be made by the government in the next few weeks.
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*Change comes as Diageo seeks emerging markets expansion. LONDON, May 7- Diageo reshuffled its management on Tuesday, with a company insider becoming the boss of the world's biggest spirits firm, suggesting there will be no signficant change in strategy.
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*Change comes as Diageo seeks emerging markets expansion. LONDON, May 7- Diageo reshuffled its management on Tuesday, with a company insider becoming the boss of the world's biggest spirits firm, suggesting there will be no signficant change in strategy.
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Unilever Ghana Limited rise 1 cedi, or 7.4 percent, to 14.50 cedis as investors picked up 394,200 shares in a block trade. Guinness Ghana Breweries Limited advances 0.21 cedis, or 5.5 percent, to 4.01 cedis on 5,800 shares traded and Ghana Oil Company Limited. Other gainers for the session include Fan Milk Limited and CAL Bank Limited.
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May 6- World Kitchen, which makes and distributes popular kitchen and housewares products under brands including Pyrex, Corelle and CorningWare, is exploring a sale of the company, according to three sources familiar with the matter. After being spun off from Corning, World Kitchen was acquired by Borden for about $600 million, according to reports at the time.
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May 6- World Kitchen, which makes and distributes popular kitchen and housewares products under brands including Pyrex, Corelle and CorningWare, is exploring a sale of the company, according to three sources familiar with the matter. After being spun off from Corning, World Kitchen was acquired by Borden for about $600 million, according to reports at the time.
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May 1- Haverty Furniture Companies Inc:. *Haverty furniture company: havertys reports earnings for first quarter 2013. *Q1 earnings per share $0.36.
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MUMBAI/ LONDON, April 30- Unilever plans to pay up to $5.4 billion to raise its stake in its Indian subsidiary, making its biggest deal in 13 years a huge bet on the strength of demand for personal care and food products in Asia's third-largest economy.
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By Nandita Bose and Kate Holton. MUMBAI/ LONDON, April 30- Unilever plans to pay up to $5.4 billion to raise its stake in its Indian subsidiary, making its biggest deal in 13 years a huge bet on the strength of demand for personal care and food products in Asia's third-largest economy.
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*Unilever bets on India consumption growth. MUMBAI, April 30- Anglo-Dutch consumer goods giant Unilever Plc offered to pay as much as $5.4 billion to raise its stake in its Indian unit, banking on fast-growing spending power in Asia's third-largest economy.
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MUMBAI, April 29- Hindustan Unilever Ltd will intensify a price war against lesser-known detergent and skincare brands this year as it seeks to win back India's increasingly thrifty shoppers and reverse four consecutive quarters of slowing sales.
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*ICICI Bank meets Q4 forecast with 21 pct gain in net profit. MUMBAI, April 26- Indian shares fell on Friday, snapping a four-day winning streak, led by declines in lenders such as ICICI Bank on profit-taking, after recent steep gains on rate-cut hopes were seen as overdone ahead of the central bank's annual policy review next week.
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LONDON, April 25- Britain's FTSE 100 index is seen opening broadly steady on Thursday, with futures on the index down 0.1 percent at 6,387.50 points by 0618 GMT. *Copper and gold both rose to 1- week highs, while Brent climbed above $102, potentially offering some support to Britain's heavily weighted mining and energy sector.
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*Boeing at more than 5- yr high after earnings. NEW YORK, April 24- The S&P 500 and Nasdaq ended flat on Wednesday with Boeing's five-year high among the day's highlights, but weakness in Procter& Gamble and AT&T kept the Dow in negative territory.
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*Q3 core profit per share 99 cents vs Street view 96 cents. April 24- Procter& Gamble Co said on Wednesday that profit would fall more than Wall Street anticipated this quarter as it increases spending to promote several new products.
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The Dow dipped while the S&P 500 edged up on Wednesday as a sharp drop in durable goods orders last month added to worries about slower U.S. economic activity and Apple's results disappointed investors. **BOEING CO, $91.15, up 3.3 pct. **APPLE INC, $401.20, down 1 pct.
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Shares of Amgen dropped 6 percent to $106.03, weighing on the Nasdaq and the S&P 500 a day after the drug company reported first-quarter sales below analysts' expectations. Helping to limit losses, Boeing jumped 3.4 percent to $91.13 and gave the biggest support to the Dow after the aerospace company reported earnings that beat expectations.