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Shell and Ingersoll-Rand Curb Business in Iran
The announcements by Ingersoll-Rand and Royal Dutch Shell come as the U.S. is pressing for new sanctions.
   
Daihatsu recalling cars in Japan
Carmaker Daihatsu, a subsidiary of Toyota, is recalling 274,551 vehicles in Japan because of a number of possible defects.
   
Toyota rejects electronics fears
Toyota rejects claims that faulty electronics could be behind its worldwide recall of more than eight million cars.
   
HSBC Says Data of 24,000 Clients, Not Just a Few, Was Stolen
HSBC’s private banking unit initially said that records on 10 or fewer clients were taken when the theft occurred three years ago.
   
EMI Music Names a New Chief
Charles Allen was named executive chairman of EMI Music. He replaces Elio Leoni-Sceti, who is leaving the company.
   
The E.U. and U.S. Quarrel Over Hedge Funds
The European Union rebutted criticism by the U.S. of its plans to tighten the rules on hedge funds.
   
S.& P. 500 Tiptoes to a 17-Month High
On a day of hesitant trading, increasing confidence at a big bank helped offset concern about a spike in inflation in China.
   
Claims firm solicitors shut down
A firm of solicitors which worked for a leading claims management company has been shut down by the solicitors' regulator.
   
Driven to Distraction: Distracted Driving in Ambulances and Police Cruisers
Police and paramedics use an array of dashboard devices, a boon for their jobs that also presents a clear risk.
   
Red Knights get advisers for bid
The Red Knights group eyeing a possible bid for Manchester United says investment bank Nomura will advise it.
   
Independent day
The Independent could be free under a new owner
   
China denies World Cup sweatshop
A Shanghai company denies it used sweatshop labour to produce World Cup mascots, as Fifa suspends its contract.
   
Red Knights get advisers for bid
The Red Knights group eyeing a possible bid for Manchester United says investment bank Nomura will advise it.
   
Dodd to Press Ahead on Financial Regulation Bill
Senator Bob Corker, a Republican on the Senate Banking Committee, called Senator Christopher J. Dodd’s announcement on Thursday “very disappointing.”
   
China denies World Cup sweatshop
A Shanghai company denies it used sweatshop labour to produce World Cup mascots, as Fifa suspends its contract.
   
BP to explore for oil in Brazil
Oil giant BP announces a $7bn (£4.7bn) deal that will allow it to begin exploring for oil off the coast of Brazil.
   
HMRC ready to back Pompey set-up
The validity of Portsmouth's administration will not be challenged by HM Revenue & Customs, the BBC learns.
   
Toyota rejects electronics fears
Toyota rejects claims that faulty electronics could be behind its worldwide recall of more than eight million cars.
   
China Mobile to Invest in Shanghai Pudong Bank
China Mobile will invest $5.8 billion in Shanghai Pudong Bank and work with it to offer wireless services like mobile bank cards.
   
A.I.G.'s Sale of Its Taiwan Unit in Regulatory Limbo
Officials are investigating whether the buyers are funded by China, a historical foe of the island nation.
   
 
 
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