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BRIEF-Shandong Meichen Sci & Tech, partners plan Henan real estate JV  

Aug 19 (Reuters) - Shandong Meichen Science & Technology Co Ltd * Says it and partners plan to set up real estate JV in Henan province with registered capital of 100 million yuan (16.28 million US dollar) Source text in Chinese: http://bit.ly/1oWCyMG Further company coverage: (1 US dollar = 6.1408 Chinese yuan) (Reporting by Hong Kong and Singapore newsrooms)...More
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BRIEF-Lifan's H1 net profit up 34.8 pct, unit to invest in auto plant in Russia  

Aug 19 (Reuters) - Lifan Industry Group Co Ltd * Says H1 net profit up 34.8 percent y/y at 238.3 million yuan(38.81 million US dollar) * Says unit to invest $150 million to set up an auto plant in Russia Source text in Chinese: http://bit.ly/1kRjBQv; http://bit.ly/1pXIFnX Further company coverage: (1 US dollar = 6.1408 Chinese yuan) (Reporting by Hong Kong and Singapore newsrooms)...More
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BRIEF-Beiqi Foton Motor's H1 net profit down 29.3 pct  

Aug 19 (Reuters) - Beiqi Foton Motor Co Ltd * Says H1 net profit down 29.3 percent y/y at 288.1 million yuan(46.92 million US dollar) Source text in Chinese: http://bit.ly/1pXInxl Further company coverage: (1 US dollar = 6.1408 Chinese yuan) (Reporting by Hong Kong and Singapore newsrooms)...More
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RPT-COLUMN-Natural gas can keep those motors running: Kemp  

(Repeats with no changes to text) By John Kemp LONDON, Aug 19 (Reuters) - Cheap natural gas is starting to revolutionise traffic on U.S. roads, cutting bills for some of the country's heaviest fuel users while reducing carbon emissions and other pollution. The revolution is still in its very early stages. Gas remains a niche vehicle fuel, with last year's nationwide consumption less than the amount of gasoline and diesel dispensed in the tiny state of Vermont....More
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EU mergers and takeovers (Aug 19)  

BRUSSELS, Aug 19 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- British engine maker Rolls-Royce plc to acquire full control of Rolls-Royce Power Systems, which is a joint venture between Rolls-Royce and German carmaker Daimler AG (Approved Aug. 18) NEW LISTINGS...More
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Russia to consider state support for car market-agencies cite PM  

MOSCOW, Aug 19 (Reuters) - Russia will consider taking measures aimed at supporting the auto market, Russian news agencies quoted Prime Minister Dmitry Medvedev as saying on Tuesday. "We will of course think how to stimulate this market," Medvedev was quoted by Interfax as saying. He added that he planned to meet the Economy and Industry ministries to discuss the possible measures. (Reporting by Maria Kiselyova; Editing by Alexander Winning)...More
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TT Electronics says move of German manufacturing to Romania delayed  

* Pretax loss 400,000 stg vs profit 8.9 mln stg * Revenue flat at 261.1 mln stg * H1 net debt 14.9 mln stg vs net funds of 26.9 mln stg on Dec. 31 * Interim div raised to 1.7 pence per share from 1.6 pence * Shares fall as much as 5.2 pct By Aashika Jain...More
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BRIEF-Ningbo Huaxiang Electronic in agreement to acquire stake in Germany's Alterprodia  

Aug 19 (Reuters) - Ningbo Huaxiang Electronic Co Ltd * Says signs agreement to acquire 75 percent stake in Germany's Alterprodia Source text in Chinese: http://bit.ly/1o8N8jB Further company coverage: (Reporting by Hong Kong and Singapore newsrooms)...More
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Indonesia's Bank Rakyat may buy life insurer Jiwasraya  

JAKARTA, Aug 19 (Reuters) - PT Bank Rakyat Indonesia Tbk (BRI) said on Tuesday it is exploring a potential acquisition of state-owned Indonesian life insurer PT Asuransi Jiwasraya. Bank Rakyat is at an early stage of reviewing the potential acquisition, the state-controlled lender said in a stock exchange filing. Bank Rakyat said in January it had earmarked 3 trillion rupiah ($256.9 million) for possible acquisitions of other lenders as well as insurance and securities firms....More
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UPDATE 1-China antitrust regulator fines two Japan auto parts makers  

(Adds comments from NSK and NSN, background) TOKYO, Aug 19 (Reuters) - Two Japanese automotive bearings makers said on Tuesday a Chinese regulator has ordered them to pay fines for violating antitrust laws as Beijing intensifies its scrutiny of business practices in the auto sector....More
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