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Japan's Airbag Giant Takata Files for Bankruptcy

Japan's crisis-hit car parts maker Takata filed for bankruptcy protection Monday and said its chief executive would quit after a deadly airbag crisis that triggered the auto industry's biggest ever safety recall.

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China Drone King Turns to Farming

China drone-maker DJI is betting on flying machines that shoot pesticide instead of photos to fend off growing competition in the global remote-controlled aircraft market.

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Greece Takes Home Foreclosures Online to Avoid Protests

The scene has become familiar in Greece in recent months -- a middle-aged woman in a courthouse, trying to dodge an angry crowd shouting inches from her face.

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Facing Ruin, India's Ancient Glass Artists Blame the Taj

Hanuman Prasad Garg doesn't blame rising fuel prices or pressure from cheap knock-offs for the slow demise of the glass industry where Indian artisans have forged bangles for centuries. He blames the Taj Mahal.

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Report: Japan Eyes Free Trade Talks with Britain

Japan wants to hold informal free trade talks with Britain as it also works to sign a deal with the European Union, a report said Sunday.

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Moody's Raises Greece's Sovereign Bond Rating after Bailout

Credit ratings agency Moody's on Friday raised Greece's long-term issuer rating to "Caa2" from "Caa3" after eurozone governments extended a credit lifeline to the country.

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Macron Takes Eastern EU Flak for 'Offensive' Labor Plan

President Emmanuel Macron met resistance on Friday from eastern European leaders over his plans to protect France from cheap labor as one berated his sometimes "offensive" stance.

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UK Nuclear Plant to Cost Consumers 'Billions More'

A highly-controversial UK government deal for the new Hinkley Point nuclear power plant will cost British energy consumers billions more pounds than forecast, the country's National Audit Office said Friday.

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Major US Banks Would Withstand Recession, US Fed

The largest US banks would withstand a severe recession and still be able to lend to American households and businesses, the Federal Reserve announced Thursday.

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Kuwait: OPEC, Non-OPEC Have Exceeded Targeted Oil Output Cuts

Kuwait's oil minister said Thursday that OPEC and independent producers have exceeded their targeted oil output cuts, but without stemming a decline in commodity prices.

"The commitments to production cuts in May reached 106 percent, the highest percentage since the start of output reductions in January," said Essam al-Marzouk, who heads a joint ministerial committee overseeing adherence to the cuts.

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