(Reuters) - U.S. battery maker Exide Technologies filed for Chapter 11 bankruptcy protection early on Monday, court documents showed, with the aim of cutting debt and implementing a restructuring plan to better compete in the market. Exide estimated liabilities and assets of more than $1 billion dollars, according to the court filing. The company said the Chapter 11 filing applies to the U.S. parent only. The case is Exide Technologies, Case No....
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By Astrid Wendlandt and Pascale Denis PARIS (Reuters) - A battle between French luxury handbag makers spilled out into the public eye on Friday with market regulators seeking the maximum fine for Louis Vuitton owner LVMH for failing to disclose moves to build a stake in rival Hermes . The row centers around deals, first disclosed in late 2010, by LVMH owner and France's wealthiest man Bernard Arnault that have left the firm with a roughly
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JOHANNESBURG (Reuters) - Glencore Xstrata Plc sacked 1,000 workers across three of its chrome mines in South Africa for going on illegal strike last week, bringing those operations to a standstill, the company said on Monday. The dispute at the mines near Steelpoort, northeast of Johannesburg in Limpopo province, added to long-running friction in the mining industry that has caused production to slow, raised concerns about Africa's largest...
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BANGKOK (AP) — Global stock markets were volatile Thursday, with the Japanese benchmark dropping sharply while those in Europe edged higher, as investors muddled through conflicting signals about the state of the global economy.
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LOS ANGELES (AP) — The 15-year-old daughter of Michael Jackson is physically fine after being taken to a hospital early Wednesday, an attorney for Jackson's mother said.
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ISTANBUL (AP) — The protests in Turkey that began over government plans to uproot trees in Istanbul's main square to make way for a shopping mall have entered their seventh day. The protests have grown into something much bigger than protecting trees, drawing on a deep undercurrent of discontent against what many feel is the increasing arrogance of Prime Minister Recep Tayyip Erdogan, and have spread to cities across the country.
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LOS ANGELES (AP) — A chef who worked for Michael Jackson has described the home lives of the children during the final months of the singer's life, including what she said was his daughter's last birthday party.
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WASHINGTON (AP) — President Barack Obama is urging Americans to "make some choices" in balancing privacy and security as he defends once-secret surveillance programs that sweep up an estimated 3 billion phone calls a day and amass Internet data from U.S. providers in an attempt to thwart terror attacks.
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(Reuters) - Private equity firm Kohlberg Kravis Roberts & Co said it appointed former CIA Director David Petraeus as chairman of the newly created KKR Global Institute, which will study the investment implications of global macroeconomic, social and geopolitical issues. Petraeus will also support KKR's investment teams in the diligence process, particularly in considering investments in new geographies, KKR said on Thursday. Petraeus
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TALLAHASSEE, Fla. (AP) — The winner of last month's $590 million Powerball jackpot is an 84-year-old woman from Zephyrhills, Fla.
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A spokesman for Ghana's immigration service said that 161 Chinese nationals, who were arrested for illegal gold mining this week, will be deported to China. Francis Palm-Deti, spokesman for Ghana's Immigration ......
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