Frost & Sullivan News
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In India, where one-in-six people are undernourished, an unlikely business is booming: obesity surgery.
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Ford Motor Co.’s factories in Thailand are capable of producing eight times more vehicles than it sells locally. With help from a Thai government program, the automaker plans to make sure the excess capacity doesn’t become a liability like at its plants in Europe.
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Celestica Inc. is betting on industries from health care to aerospace to fill the sales void left by BlackBerry, which a year ago made up 19 percent of the electronics-parts supplier’s revenue.
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Mark Kurtser, a 55-year-old Russian gynecologist, has become a billionaire after shares of his MD Medical Group Investment Plc, Russia’s largest private provider of women’s and children’s health care, surged 42 percent in five months.
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An unprecedented wave of deals for Southeast Asian food and drink companies has traders betting the next targets will include chocolatier Petra Foods Ltd. and instant-coffee and cracker maker Viz Branz Ltd.
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Daimler AG , maker of the Smart city car, is stealing customers from Mazda Motor Corp. and Fiat SpA with rentals aimed at drivers ready to forgo auto ownership.
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Malaysian vehicle sales will probably rise 4.1 percent this year, supported by new models and the country’s “stable” economic outlook, consultants Frost & Sullivan Inc. said.
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Bayerische Motoren Werke AG is spending $100 million to gain an edge on German luxury rivals by entering the commodities business.
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NEC Corp. , Japan’s largest maker of phone-network equipment, won an order valued at about 30 billion yen ($362 million) from a group led by Nippon Telegraph & Telephone Corp. to supply undersea cables, two people familiar with the matter said.
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Palm oil producers including Indonesia and Malaysia may need to find new uses for the world’s most-consumed edible oil to absorb the biggest-ever supplies and reverse a slump in prices, according to Frost & Sullivan.
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