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Monday, August 1, 2016

Uber China to merge with rival Didi

CNBC's Eunice Yoon reports from Beijing on the news that Uber's China business is set to merge with rival Didi Chuxing in a deal worth $35 billion.

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Didi Chuxing to acquire Uber’s chinese business

Uber is set to merge its China unit with rival Didi Chuxing, in a deal that would value the combined company at $35 billion, according to a source. CNBC’s Arjun Kharpal reports.

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Heineken H1 Revenue Grows; Affirms FY16 Outlook

Dutch brewer Heineken N.V. reported Monday net profit for the first half of fiscal 2016 that declined from last year despite higher revenues. However, adjusted profit rose from last year. Looking ahead, the company affirmed its fiscal 2016 outlook, but warned of currency headwinds.

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What are the benefits of the Uber-Didi Chuxing merger?

CNBC's Arjun Kharpal explains why the merger between Uber and Didi Chuxing in China will be good for both companies.

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Keller Group H1 Pre-tax Profit Declines - Quick Facts

Keller Group plc (KLR.L), the international ground engineering specialist, reported pretax profit of 25.0 million pounds for the six months ended 30 June 2016, down from 31.6 million pounds in the prior-year period.

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Vedanta Resources Q1 EBITDA Down 18%; Revenues Also Decline - Quick Facts

Vedanta Resources Plc (VED.L) reported that its total EBITDA for the first quarter of fiscal 2017 decreased 18 percent to $527.1 million from $644.6 million in the year-ago period.

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Intertek Group H1 Pre-tax Profit Rises - Quick Facts

Intertek Group Plc (ITRK.L), a provider of quality and safety services, said its first-half pre-tax profit increased 7.3% year-over-year to 149.2 million pounds from 139.1 million pounds, with adjusted pre-tax profit increasing 15.1% to 172.5 million pounds.

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Monday, August 1, 2016

Sunday, July 31, 2016