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Amazon, Walmart reel as India curbs plunge market into chaos

Bloomberg Amazon.com Inc. and Walmart Inc.’s grand plans for India were thrown into chaos after the country implemented new e-commerce regulations, which could cut their growth in the market by as much as half this year. Prime Minister Narendra Modi’s government tightened rules for the retail giants after strident complaints from small shops and domestic sellers. Amazon and Walmart’s Flipkart ...

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Boeing vows new cash gusher after sales top $100bn

Bloomberg Boeing Co. soared after reporting record cash for 2018 while cracking the $100 billion sales barrier for the first time in its 102 years — and the US planemaker says the best is yet to come. Revenue, earnings and cash are all poised to rise this year, building on fourth-quarter earnings that beat estimates, the company said in a ...

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Airbus jetliner unit hit by cyber breach

Bloomberg Airbus SE said its jetliner business was hit by a data breach that gave intruders access to some employees’ personal information. There was no impact on aircraft production, the European planemaker said in a statement. Airbus said it was in contact with regulators and data-protection authorities as it probes the origins of the intrusion. “Investigations are ongoing to understand ...

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