GM re-evaluates India investment, new car platform on hold

NEW DELHI (Reuters) - General Motors is re-evaluating its planned $1 billion investment in India and has put on hold moves to bring a new car platform to India as it re-assesses its strategy in the country, according to company officials.

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Melker Schorling, Sweden’s quiet tycoon with the Midas touch

STOCKHOLM (Reuters) - Business tycoon Melker Schorling, one of Sweden's most prominent investors, says he is well-positioned to expand his 60 billion crown ($7 billion) investment empire even as he prepares to hand over affairs to his daughters.

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Ex-Wall Street banker accused of insider tips to father faces trial

NEW YORK (Reuters) - Federal prosecutors in Manhattan are set to face off with a former Wall Street investment banker in their first insider trading trial since a U.S. appeals court curtailed their ability to pursue such cases.

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