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Intel to expand business in France, Germany and Italy

  Bloomberg Intel Corp’s global push to increase capacity will include adding facilities in France and Italy, as well as putting a major production site in Germany. France will be home to a research and design center, and Italy will be the location of a test and assembly factory, according to the people, who asked not to be identified because ...

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Hedge funds kick risk addiction at end of crazy year for stocks

  Bloomberg Calm has finally come to a stock market that for weeks had been swinging violently. Bulls who hung tough are ending the year on firm footing after a frenzied off-loading of risk by the professional speculators. December’s big sellers were hedge funds, which, chastened by wrong-way bets on high-flying software companies, spent the month slashing high-momentum trades. It ...

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Epic winning run for India stocks sputters as foreigners exit

  Bloomberg The winning streak for Indian stocks is losing momentum as sentiment sours on the prospect of tighter monetary policy and smaller stimulus spending in the coming year. India’s benchmark S&P BSE Sensex has slumped 3.6% since the end of September, halting a rally that ran for six straight quarters and doubled the index’s value. Since reaching a record ...

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