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Buffett lunch auction draws $3.46 mn bid

Warren Buffett's annual charity lunch auction drew a winning bid of $3.46 million, matching the record

The 100-year-old who lives in his futuristic 'smart city'

Why Line's wait for IPO cost it $4 bn

Line is gearing up for a battle with larger rivals such as Facebook and WeChat as it looks to expand its user base beyond its strongest markets in Asia

Mercedes-Benz will start selling plug-in fuel cell SUV

Able to drive about 500 km before recharging, the car is part of Daimler AG's 7 bn euro ($7.9 bn) spending effort on green technology through next year

Intel to get chip order from Apple in major mobile win

Intel Corp, replacing Qualcomm Inc chips in some versions of the new handset

Gawker files bankruptcy after losing privacy case

The company listed a $130 million claim from the litigation as "disputed" in its Chapter 11 petition

Larry Page is secretly investing millions to build flying cars

Oil falls from 10-month high as dollar strength halts rally

Crude oil has surged about 90% from a 12-year low in February, amid unexpected disruptions and a slide in US output

Japan banks enter ranks of biggest energy lenders

While energy is only a fraction of their biz, souring loans are a drag on earnings

China's factory-gate deflation eases

Following a drive by the Communist party leadership to cut excess capacity, producer prices recorded the lowest fall since 2014

Gilt funds facing more pain on inflation risks

Where to live if you want lots of trading holidays

Saudi post-oil plan weighs income tax on expat workers

Economists said the proposal is unlikely to see the light soon because it could hamper the kingdom's ability to attract the foreign investment it needs to revive growth hit by the oil slump

Sensex rises to 7-month high

The Sensex closed little changed in Mumbai, after swinging between gains and losses at least 12 times

Samsung may release phones with bendable screens by 2017

The second Samsung model will have a 5-inch screen when used as a handset, that unfurls into a display that's as large as 8 inches, similar to a tablet, the people said

BuzzFeed likens Trump campaign ads to cigarettes

Company says it doesn't run cigarette ads because they are hazardous to our health

With $59 bn at stake, Japan Inc jittery over Brexit

Japan Inc has only added to a global cry from investors and economists who say Brexit could be harmful for economic equations in the UK and the world

Line plans year's biggest tech IPO, pitching US investors

Suning buys 70% controlling stakes in Inter Milan

China looks to build 5-trn sports industry by 2025

Nestle ties up with Alibaba in China

The Swiss food company grapples with slowing growth and new shopping trends in the world's largest consumer market