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  ‘Iron Man 3’ Delivers $174.1 Million Hit to Start Summer

  Updated 11 minutes ago

  “Iron Man 3” burst into theaters with $174.1 million in U.S. and Canadian ticket sales, giving Walt Disney Co.’s Marvel division its second straight mega-hit to start a summer movie season.

• China’s Military Ambitions Growing, Pentagon Report Finds

  Updated 30 minutes ago

  China is looking beyond its decades- old territorial dispute with Taiwan as it modernizes its military, according to the U.S. Defense Department’s annual report on military developments in the Asian nation.

• Ence Said to Consider Acquisitions Abroad With Increased Cash

  Updated 22 minutes ago

  Ence Energia & Celulosa SA is mulling acquisitions abroad after profit and cash climbed and regulatory changes in Spain deter the paper-pulp producer from investing at home, a person familiar with the matter said.

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  Telefonica Is Said to Weigh Sale of Madrid’s Iconic Glass Towers

  Updated 25 minutes ago

  Telefonica SA, Europe’s most indebted telephone company, is reviving a plan to sell its Madrid headquarters five years after failing to find a buyer for the buildings, according to five people familiar with the matter.

• Mexico Battles Brazil for Clout Via WTO Top Job as Economy Grows

  Updated 30 minutes ago

  Latin America’s two largest nations are vying for economic and diplomatic clout as their candidates face off as finalists to head the World Trade Organization.

• Emerging Stocks Rise to Seven-Week High as Malaysia Jumps

  Updated 41 minutes ago

  Emerging stocks advanced, sending the benchmark gauge to a seven-week high, as Malaysian equities rallied after the ruling coalition won elections to extend its 55-year rule and higher oil fueled gains in energy shares.

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  Euro Falls as Draghi Says ECB Prepared to Act; Ringgit Rises

  Updated 46 minutes ago

  The euro fell against the dollar after European Central Bank President Mario Draghi said policy makers are ready to cut interest rates again if needed after reducing them to a record low last week.

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  Renren Climbs as Buffett Sinks Suntech: China Overnight

  Updated 40 minutes ago

  Chinese equities rose to the highest level in almost two months in New York, led by Renren Inc. and Qihoo 360 Technology Co., on speculation the Internet companies’ first-quarter sales will exceed their own estimates.

• Ibovespa Declines on Brazil Slower Industrial Growth Forecast

  Updated 4 minutes ago

  The Ibovespa fell as homebuilders dropped and planemaker Embraer SA led industrial stocks lower after economists in a central bank survey cut their forecasts for growth in Brazil’s manufacturing output.

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  GM Plans About $16 Billion in Investments in U.S. by 2016

  Updated 1 hour, 21 minutes ago

  General Motors Co., profitable for 13 consecutive quarters, is planning to invest about $16 billion on U.S. factories and facilities through 2016, more than it will spend in China, the company said.

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