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Maruti Suzuki boosts profit with higher-priced models

  Bloomberg Maruti Suzuki India Ltd.’s decision two years ago to start a separate network of premium showrooms is starting to pay off, as India’s biggest automaker reaps higher sales of more expensive models. The unit of Japan’s Suzuki Motor Corp. said an increase in share of “higher-segment models” and running factories at full capacity helped boost net income by ...

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PayPal excites investors as partnerships deliver profit

  Bloomberg PayPal Holdings Inc. CEO Dan Schulman is getting investors to embrace his strategy of converting the online payments platform into a digital wallet, even if it requires deal-making that may diminish profit margins. The company reported first-quarter results that showed Schulman’s strategy is working and raised its annual forecast. Sales and profit topped analysts’ projections as PayPal added ...

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Euro-area economic confidence surges to highest in a decade

  Bloomberg Euro-area economic confidence jumped to the highest in almost a decade this month, a testament to a continued improvement that may soon prompt a policy shift at the European Central Bank. The index of executive and consumer sentiment surged to 109.6 in April from a revised 108 in March, the European Commission in Brussels said on Thursday. That’s ...

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