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Growing trust helps flurry of Sino-German deals

China has for years sought to buy in key technology rather than develop it at home more slowly, but attempts to reach deals have often failed. “The cultural dimension is very important,” said Frank-Christian Raffel, Munich-based partner in boutique advisory firm MelchersRaffel, which specialises in M&A deals between German-speaking and Asian countries.

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Growing trust helps flurry of Sino-German deals

said-the-deal

Burberry faces U.S. lawsuit accusing it of deceptive price tags

LONDON (Reuters) – British luxury fashion brand Burberry is to face a class action lawsuit in the United States, claiming it used misleading price tags at its outlets stores to fool shoppers into believing they were getting big bargains. The company, which specifically manufactures some of the products for its outlet stores, is accused of intentionally presenting false price information on products that have never been sold in its retail stores to mislead

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Burberry faces U.S. lawsuit accusing it of deceptive price tags

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AIG strikes deal with Icahn, avoids proxy fight

The agreement with Icahn comes just two days ahead of AIG's deadline for shareholders to submit board candidates. Sandler O'Neill & Partners LP analyst Paul Newsome said the deal does not signal the end of the tussle between AIG's management and Icahn. AIG said it agreed to nominate Paulson, a billionaire investor and president of Paulson & Co, and Samuel Merksamer

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AIG strikes deal with Icahn, avoids proxy fight