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  • TOKYO, April 21- Japanese stocks rose to a 5-1/ 2 week high on Thursday morning after the yen resumed a weakening trend against the U.S. dollar amid a bounce in oil prices and growing expectations of further easing from the Bank of Japan. "Market participants are becoming more confident in their expectations of easing from the Bank of Japan next week and the yen has...

  • *Chinese chemical giant approached BG chairman in Dec. LONDON, April 19- Chemical giant ChemChina approached BG Group with a possible bid late last year, just as Royal Dutch Shell was preparing to close a $52 billion deal to buy the British energy company, seven banking and industry sources with knowledge of the matter said. Working with investment bank HSBC,...

  • *Sony Corp halted production of image sensors at its plant in Kumamoto. *Honda Motor Co Ltd halted production at its motorcycle plant in Kumamoto with an annual production capacity of 250,000. It will keep production on hold through Monday. *Renesas Electronics Corp closed its plant in Kumamoto, which produces microcontroller chips for automobiles.

  • *Foreigners net buyers of Japan stocks for 1st time in 14 weeks. TOKYO, April 15- Profit taking in most sectors forced Japan's Nikkei share average a little lower on Friday morning, after sharp rallies over the past few days. Stock market participants saw a limited impact from a strong earthquake hit southwestern Japan on Thursday, but they said they will keep an eye...

  • MEXICO CITY, April 6- French tire maker Michelin plans to build a $510 million plant in central Mexico that will produce around 5 million tires a year and could be expanded to produce another 5 million annually by around 2020, documents showed. The plant in the state of Guanajuato will begin production in 2017, and will produce passenger and light truck tires,...

  • TOKYO, March 18- Japanese stocks fell on Friday morning after the U.S. dollar plunged to a near 17- month low against the yen overnight, pressuring exporters and other shares that rely on a weaker yen. Japan's benchmark index is on course to end the week about 1.3 percent lower. "The FOMC pushed out rate hikes because of concerns about the rest of the world, and the rest...

  • GYONGYOS, Hungary, March 11- India's Apollo Tyres, which is building a half-a-billion-euro factory in eastern Hungary, says it is having difficulty finding staff, reflecting a wider problem for foreign investors in Hungary. India's No. 2 tyre maker has previously said that producing in Hungary will make it much more cost competitive to sell in the United States.

  • FRANKFURT/ HAMBURG, March 3- German auto parts and tire maker Continental has 2 to 3 billion euros at its disposal for acquisitions after improving free cashflow and boosting shareholders' equity last year, its finance chief told Reuters on Thursday. It already employs more than 13,000 software engineers- about 14 percent of its staff- and bought embedded...

  • *Japan's tyre makers look to new suppliers or stable supply. *Push could benefit Cambodia, Laos, and Myanmar. TOKYO/ MUMBAI, Feb 19- Fed up with rubber prices languishing at seven-year lows, Sunny Joseph, a farmer in India's southern state of Kerala, has uprooted his two-acre rubber plantation to make way for a more lucrative crop.

  • Tire unit volumes rose 7 percent to 42.1 million units in the quarter ended Dec. 31, partly due to the acquisition of Nippon Goodyear Ltd in Japan, Goodyear said. The company posted a net loss of $380 million, or $1.42 per share, attributable to shareholders for the fourth quarter. Goodyear earned $2.13 billion, or $7.68 per share, a year earlier, including a $2.2...

  • The company posted a net loss of $380 million, $1.42 per share, attributable to shareholders for the fourth quarter. Goodyear had a profit of $2.13 billion, or $7.68 per share, in the year-earlier quarter, which included a $2.2 billion tax-related benefit. Revenue fell to $4.06 billion from $4.36 billion.

  • *Aimed at helping to boost security of China food supply. BASEL, Switzerland, Feb 3- China made its boldest overseas takeover move yet when state-owned ChemChina agreed a $43 billion bid for Swiss seeds and pesticides group Syngenta on Wednesday. China is looking for ways to secure security of food supply for its population and the Syngenta deal will give it...

  • LONDON, Jan 18- ChemChina has agreed to buy a stake in Swiss energy trader Mercuria, the companies said on Monday, cementing its role as one of China's most acquisitive firms as its expands in new areas and as Beijing opens its oil markets for more imports. Mercuria has growth opportunities ahead in China and around the world, the chairman added.

  • HONG KONG/ LONDON, Jan 11- The biggest-ever Chinese acquisition of a German company was announced on Monday, with a consortium led by state-owned China National Chemical Corp buying industrial machinery maker KraussMaffei Group for about $1 billion. The ChemChina-led consortium, which also includes Guoxin International Investment Corp and private equity...

  • The potential buyer is hoping to clinch a deal with KraussMaffei's owner, Canada's Onex Corp, before the Chinese New Year in early February, the people said on Thursday. They added that the deal may still fall apart or that counterbids may surface that may appeal to Onex. Onex bought KraussMaffei from U.S. investor firm Madison Capital in 2012 in a 568 million-euro...

  • A Pep Boys auto parts store in Encinitas, California.

    Pep Boys said activist investor Carl Icahn's latest buyout offer was superior to the deal it accepted from Bridgestone.

  • Dec 22- U.S.-based LKQ Corp said it would buy Italy's Rhiag-Inter Auto Parts Italia SpA, owned by private equity firm Apax Partners LLP, to expand in the European auto spare parts market. The deal, valued at 1.04 billion euros on an enterprise basis, will give LKQ access to Italy, Czech Republic, Switzerland, Hungary, Romania, Ukraine, Bulgaria, Slovakia, Poland and...

  • MUMBAI/ TURIN, Dec 14- India's Mahindra group, with interests from tractors to IT outsourcing, has agreed to buy Italy's Pininfarina SpA in an all-cash deal valuing the Turin- based car designer at just a quarter of its closing price on Friday. In March for instance China National Chemical Corp agreed to buy into tire maker Pirelli& C SpA in a 7.3 billion euro deal.

  • MUMBAI, Dec 14- India's Mahindra group, with interests in cars and tractors, finance and IT outsourcing services, is to buy Italian car designer Pininfarina for about 33 million euros in an all-cash deal. In March, China National Chemical Corp agreed to buy into tire-maker Pirelli in a 7.3 billion euro deal. Mahindra will do the deal via a new unit in which automaker...

  • Dec 7- Carl Icahn offered to buy Pep Boys-Manny, Moe& Jack in a deal valuing the U.S. auto parts retailer at about $837 million, trumping Japanese tire maker Bridgestone Corp's offer of $810 million. Icahn Enterprises LP offered $15.50 per Pep Boys share in cash, a 1.2 percent discount to Friday's close, but higher than Bridgestone's offer of $15 per share, also in cash.