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LyrArc brings in selected articles from many of the world's top publications.

Articles are selected by experts and you can see the gist of the important articles.


DW.COM Original article ›
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Rivals Netanyahu and Gantz try to form a government in Israel as another election fails to provide a conclusive result.

Wall Street Journal Original article ›
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Toyota's market share in China is about 5-6%, lagging behind GM and VW. After a "willful pause" since 2012 when Toyota ran into quality issues following an aggressive expansion in manufacturing, Toyota is beginning to make investments in new assembly plants. New assembly plants will be built in Mexico and China with a $1.25 billion investment.
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To speed up housing development in UK Labour strips environmental groups of the power to stop home building. About 150 road, rail and energy projects will be speeded up by the new rules.

Under old rules in UK regulators would ask developers to mitigate any environmental damage before approval. This is changed to where regulators approve the project and ask the developers to contribute to a "restoration fund" that would go to mitigate any environmental effects, avoiding delays.

New York Times Original article ›
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The FBI and the IRS were working on the same investigation of FIFA from different directions and began working together since Dec. 2011, as they found that the same people were involved. Richard Weber of the IRS, says another round of indictments can be expected. The IRS case starts with investigation into tax fraud and one discovery leads to another in the case. By 2013 Chuck Blazer had pleaded guilty to tax and corruption charges and agreed to cooperate with the IRS and the FBI, leading to the breakthroughs that followed. Enhanced cooperation between the Justice Department and international banks since the indictments against banks for illicit operations has made banks willing to cooperate with investigations fully. Once the case was built up getting FIFA officials at one place for the meeting in Zurich made it easier to make the arrests.
Wall Street Journal Original article ›
The New York Times Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
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Abbott is looking for new ways to market in emerging markets. New flavors for Ensure in Asia would include lemon-honey. And cumin-jeera jal is a flavor for a supplement for diabetics in India. Abbott has a five year contract with India's drug maker Biocon to develop products for the Indian market. Abbott faces strong competition from other nutrition companies such as Nestle in India, which has 75% of the market for baby formula in India, and now owns Pfizer's baby nutrition business. With the $10 billion already spent on the Solvay and Piramal acqusiitions in India, Abbott has less room to make further acqusiitions. It will focus on organic growth with investment of about 7% of sales in R&D to develop new products. The split in Abbott's business with the separation of the pharmaceutical unit, will lead to a more consumer product oriented company.
Wall Street Journal Original article ›
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With prices of iron ore jumping from a little above 50 dollars to $200 per metric ton between 2006 and 2007 and now back to alittle above $50 in November 2008, mining companies around the world are pulling back according to Thomson Reuters. China's building boom is seeing a big slumo with new floor space up 30%in 2007 now down close to 40% from peak according to data from Macquarie Securities. And the Australian dollar up almost 30% in 2007 is now down about 50% from peak. The last time the mining companies saw such a slump was after the Asian financial crisis in 1997 and the US recession of 2001, with metals coming back only after Chinese demand kicked in in 2003. This affects mining in Africa which was seeing boom times in places like S. Africa where there were electricity shortages because of huge demand from mining.
New York Times Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
WSJ Original article ›
dw.com Original article ›
WSJ Original article ›
NYTimes.com Original article ›
dw.com Original article ›
The Hindu Original article ›
NYTimes.com Original article ›
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The Hindu Original article ›
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NYTimes.com Original article ›
The Times Original article ›
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