Adidas Appoints Kasper Rorsted as New CEO

Adidas said it has appointed Kasper Rorsted as its new chief executive, replacing Herbert Hainer at the helm of the German sportswear company.

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Minivan Makeover Seeks to Appeal to New Customers

Snazzier accessories, sleeker designs and the enduring draw of roomy interiors for families with children has given the “mom mobile” a lasting, though reduced, appeal.

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Suncor, Canadian Oil Sands Reach Deal

Suncor Energy and Canadian Oil Sands reached a friendly deal after Suncor agreed to raise its takeover offer for its rival to about 4.24 billion Canadian dollars.

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WhatsApp to Drop Subscription Fee

Facebook-owned messaging service WhatsApp will scrap its subscription fees and explore other ways to allow businesses to interact with its users to make up for the lost revenue, its co-founder said.

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Tata Steel to Cut 1,050 U.K. Jobs

Tata Steel said it would ax 1,050 jobs from its U.K. operations as it continues to face an influx of cheaper material from abroad, particularly China.

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Hollande Pledges $2.2 Billion on French Jobs Push

France’s president said he will pour more than €2 billion in public money into apprenticeships and training schemes as part of an emergency plan to combat the unrelenting rise in unemployment.

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Tennis Officials Reject Allegations About Match Fixing

Tennis officials denied a report that the professional tour has failed to act on concerns of match fixing raised by suspicious betting patterns.

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