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Volkswagen to announce $1 billion investment in Mexico: source

German carmaker Volkswagen (VOWG_p.DE) will next week announce an investment worth around $1 billion in Mexico to expand its Puebla plant, a person familiar with the matter said on Thursday.


Soft U.S. data hints at near-term hiccup in economic growth

The number of Americans filing new claims for unemployment aid last week rose to its highest level since May, but economists dismissed the increase as weather-related and said the jobs market remained solid.

U.S. factory orders fall for sixth straight month

New orders for U.S. factory goods unexpectedly fell in January, posting their sixth straight monthly decline, a sign of weakness in the manufacturing sector.

Wall Street closes up slightly ahead of jobs report

U.S. stocks closed modestly higher in light trading on Thursday as investors held back on big bets ahead of Friday's jobs report, which is expected to be a big factor in influencing the timing of a Federal Reserve interest rate hike.


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Britain is ready to force the sale of Russian oligarch Mikhail Fridman's recently acquired North Sea energy assets unless it receives unspecified assurances within the next week, Prime Minister David Cameron's spokesman said on Thursday.
Ireland's government expects International Consolidated Airlines Group (ICAG.L) (IAG) to make a further offer to convince it to sell its 25 percent stake in Aer Lingus (AERL.I), Deputy Prime Minister Joan Burton said on Thursday.
Emirates [EMIRA.UL] has had extensive discussions with Airbus about the production of a revamped version of the A380 super jumbo with more efficient engines, the airline's president said on Thursday.
Emirates Airline [EMIRA.UL] President Tim Clark plans talks with officials in Washington in two weeks' time to help formulate its response to allegations by U.S. airlines of unfair subsidies awarded to Gulf airlines, he said on Thursday.
Citigroup (C.N) has sold its nearly 10 percent stake in Turkey's Akbank (AKBNK.IS) for $1.2 billion, the U.S. lender said on Thursday, its latest disposal of overseas assets to cut costs and boost profits.
Malaysia's indebted and controversy-ridden state investor 1MDB will be left as a skeletal structure and possibly dissolved under a debt repayment plan in which most of its assets will be sold, sources with direct knowledge of the matter said.
The largest U.S. banks and their foreign rivals are facing a tough two-step check-up of their financial health by the Federal Reserve, forcing the firms to get a far better grip on how they measure risk.
German industrial orders fell far more than forecast in January, posting their largest drop since August, data showed on Thursday, casting a shadow over what had previously looked like a strong start to 2015 for Europe's largest economy.
Brent crude future prices rose above $61 a barrel on Thursday, as investors brushed aside bearish U.S. inventories data to focus on the lack of a deal in talks over Iran's nuclear program.
Citigroup Inc had at least one advantage in its successful bid for the exclusive right to issue credit cards for Costco Wholesale Corp, rivals and tax specialists say: it lost so much money during the financial crisis that it has billions of dollars of tax credits.
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