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Feb 3: India key mkt for Facebook

  • Feb 3: India key mkt for Facebook

    Feb 3: India key mkt for Facebook

  • Airlines wary of India

    A plane prepares to land at an airport in New Delhi

    Just because foreign airlines may soon be allowed to invest in India's battered carriers doesn't mean they will.

    New Delhi's expected move to allow global airlines to own up to 49% in Indian carriers has been welcomed by investors as a potential lifeline for an industry mired in $20 billion of debt and on course to rack up $3 billion in annual losses.

  • <p>New Land Rover Freelanders are seen outside the Halewood Jaguar and Land Rover factory in Liverpool northern England</p><p><b>Jaguar Land Rover (JLR) plans to partner with Chery Automobile to manufacture vehicles in China and has applied to regulators for clearance of the joint venture, a business website reported on Friday, citing unnamed sources.</b></p><p>The British luxury brand, owned by Tata Motors, said in May it had shortlisted potential Chinese partners without providing details, as it looks to tap soaring luxury car demand in the world&#39;s second-largest economy.</p>

    New Land Rover Freelanders are seen outside the Halewood Jaguar and Land Rover factory in Liverpool northern England

    Jaguar Land Rover (JLR) plans to partner with Chery Automobile to manufacture vehicles in China and has applied to regulators for clearance of the joint venture, a business website reported on Friday, citing unnamed sources.

    The British luxury brand, owned by Tata Motors, said in May it had shortlisted potential Chinese partners without providing details, as it looks to tap soaring luxury car demand in the world's second-largest economy.

  • Euro at 6-month high

    Man looks at a stock quotation board outside a brokerage in Tokyo

    European share prices edged up on Friday to hit a new six-month high, helped by encouraging macroeconomic data in the euro zone and the UK, and as investors awaited the latest U.S. employment figures, due at 1900 IST.

    At 0958 GMT the FTSEurofirst 300 index of top European shares was up 0.2% at 1,062.00 points, and had hit a high of 1,062.88, a level not seen since early August.

    The index is up more than 24% from the 2011 low it hit in September.

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