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Akzo Nobel rejects $22 billion PPG bid, looks to spin off chemicals
By Toby Sterling | AMSTERDAM AMSTERDAM Dutch paints and coatings maker Akzo Nobel NV (AKZO.AS) rejected a 21 billion euro ($22 billion) bid from larger U.S. rival PPG Industries Inc (PPG.N)
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Boeing airplane unit to cut more jobs in 2017
SEATTLE Boeing Co's (BA.N) commercial airplanes unit said on Monday it would cut more jobs in 2017 after slashing the workforce by 8 percent in 2016 as it battles to sell planes.The job cuts come as Boeing and rival Airbus
China says concerned about EU protectionism on steel imports
BEIJING China is greatly concerned about the European Union's protectionist measures against Chinese steel products, the commerce ministry said on Saturday."The Chinese side has expressed great concerns and worries about the EU's trade protectionist tendency over steel," the ministry said
ECB's Weidmann says Monte dei Paschi bailout must be carefully weighed: Bild
FRANKFURT European Central Bank policymaker Jens Weidmann said plans for a state bailout of Italian bank Monte dei Paschi di Siena (BMPS.MI) should be weighed carefully as many questions remain to be answered, according to German newspaper Bild."For the measures
