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Samsung Electronics mulls a split

  Bloomberg Samsung Electronics Co. didn’t quite come out and actually say it, but South Korea’s most valuable company is probably going to split as soon as next year. Samsung said on Tuesday it’s looking at a plan to turn itself into a holding company, and would have more to say on the issue at a later date. The idea ...

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Tiffany’s profit tops estimates in sign of luxury recovery

  Bloomberg Tiffany & Co. reported third-quarter profit that exceeded analysts’ estimates as demand improved in China and Japan, a sign that the worst of the global luxury market’s downturn may be over. Earnings were 76 cents a share in the period ended Oct. 31, the New York-based company said in a statement on Tuesday. Analysts projected 68 cents, on ...

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Tata brawl forces India Inc. to pick sides

  Bloomberg The brawl atop India’s largest conglomerate isn’t just splitting the $100-billion Tata Group, it’s also forcing the nation’s business community to pick sides. That’s because many of India’s industry captains are board members at Tata’s dozens of units. They include the heads of the nation’s oldest conglomerate — the Wadia Group — top mortgage provider Housing Development Finance ...

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