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The Proton logo is seen on a car showroom in Kuala LumpurThe Proton logo is seen on a car showroom in Kuala Lumpur. The brand name of "Proton," Malaysia's ailing national carmaker, will not be wiped out amid negotiations on a possible merger with foreign partners, Prime Minister Abdullah Ahmad Badawi said.
The Volkswagen(L) and Porsche logosThe Volkswagen(L) and Porsche logos are seen in Wilhelmshaven. German sports car maker Porsche said Saturday it intended to raise its stake in Volkswagen to a level which would automatically trigger a takeover bid.
A man walks past the logo for Intel's new Core 2 Duo chipsFile photo shows a man walking past the logo for American chipmaker Intel's new Core 2 Duo chips, in Beijing. Intel will announce Monday plans to build a 2.5-billion-dollar semiconductor plant in China, state media said.
US chip leader Intel said Monday it would build a 2.5-billion-dollar plant in China, a potential landmark moment in the Asian emerging giant's quest to become a high-tech manufacturing power.
Indian and United Arab Emirates firms signed deals worth more than 30 billion dollars Monday during a visit by the ruler of Dubai, including plans to build two massive townships in India.
German power giant E.ON raised its offer for Spanish electricity supplier Endesa on Monday to 40 euros (53 dollars) per share or 42.3 billion euros (56.1 billion dollars) in all, extending the offer period until April 3.
The US multinational bank Citigroup may cut 15,000 jobs throughout the world under a restructuring plan to rationalise and reduce overheads, the European edition of the Wall Street Journal reported on Monday.
Deutsche Bank, the biggest bank in Germany, said on Monday it planned to reinforce retail banking interests in China by applying to incorporate its activities there under Chinese law.
German sports car maker Porsche said on Monday that it had raised its stake in Volkswagen to a level which would automatically trigger a takeover bid.
Porsche, the German maker of luxury sports cars, said on Monday that it was raising its stake in Volkswagen, Europe's biggest car maker, in a move to thwart potential predators.
Indian and United Arab Emirates firms signed major real estate deals Monday worth more than 20 billion dollars during a visit by the ruler of Dubai, including plans to build two massive townships in India.