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More English at French universities? The debate begins

More English at French universities? The debate begins

France’s lower house will start debating a proposal Wednesday to introduce more courses in English at universities, amid a storm of controversy in a nation fiercely protective of its identity.

Malaysia tribal groups protest world hydro meeting

Malaysia tribal groups protest world hydro meeting

About 300 Borneo tribespeople staged a protest at a world hydroelectric industry meeting in Malaysia on Wednesday to denounce dams they say are destroying forests and native ways.

Japan’s trade deficit expands 70% in April

Japan’s trade deficit expands 70% in April

Japan’s trade deficit expanded a worse-than-expected 70 percent on year to $8.6 billion in April, government data showed Wednesday, as a weaker yen made imports costlier.

Indonesia approves DBS purchase of Danamon stake

Indonesia approves DBS purchase of Danamon stake

Indonesia on Tuesday approved the purchase by Singapore’s DBS of a 40 percent stake in Bank Danamon, but demanded the city-state open up its financial sector before any full takeover.

European power firms sound alarm over energy policy

European power firms sound alarm over energy policy

French group GDF Suez led an attack by eight leading European power companies on EU energy policy on Tuesday, saying it had “failed” and was destroying parts of the sector.

Softbank to issue record bonds for Sprint takeover

Softbank to issue record bonds for Sprint takeover

Japanese mobile operator Softbank said Tuesday it planned to raise $3.9 billion through a record bond issuance in June to finance its proposed takeover of US firm Sprint Nextel.

Marks & Spencer profits tumble

Marks & Spencer profits tumble

British high street retailer Marks & Spencer said Tuesday that full year net profits fell nine percent amid “challenging” trading conditions.

United’s Boeing 787s back in skies

United’s Boeing 787s back in skies

United Airlines resumed Boeing 787 Dreamliner flights Monday after the advanced plane was globally grounded four months ago due to overheated battery incidents.

Goldman sells final stake in China’s ICBC

Goldman sells final stake in China’s ICBC

Goldman Sachs is selling the rest of its Industrial and Commercial Bank of China (ICBC) stake, worth around US$1.1 billion, in a move to exit an investment it made into the bank seven years ago.

Mobiles ‘offer financial lifeline to Asian migrants’

Mobiles ‘offer financial lifeline to Asian migrants’

Asia’s mobile revolution is set to transform the region’s financial services industry, offering a cheap way for millions of migrant workers to send money home to their families, a report said on Monday.