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Peugeot joins Fiat in sales slump in Europe

European sales at Peugeot, Europe’s second-biggest carmaker after Volkswagen AG, fell 13% last month.

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Alibaba hires US lobbying firm as it eyes Yahoo

Alibaba Group has hired a Washington lobbying firm in a sign that the Chinese e-commerce company would be willing to make a bid for all of Yahoo Inc in the event that talks to unwind their Asian partnership fail.

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