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MILAN — Fiat Chrysler Automobiles and PSA Peugeot announced Wednesday that their boards signed a binding deal to merge the two automakers, creating the world's fourth-largest auto company.

Lyu told the seminar that economies of scale gave multinationals an advantage in the quality of products and services, but challenges remained.

Lu's call came at a time when some local protesters waved national flags of Great Britain and the United States during recent demonstrations while defiling the national flags of their own.

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Lu Ting, chief economist in China with Nomura Securities, wrote in a research note that despite solid credit growth, underpinned by ongoing monetary and credit easing measures, the government is unlikely to engineer another long and large-scale "credit boom" due to much narrower policy room than before.

MLG: In the late 1980s, Microsoft was thrust into the spotlight not so much for its status in the growing tech industry—it was already a big name in software—as for its approach to meeting the intense staffing needed to constantly test out new products and prototypes. Microsoft was assigning temporary workers tasks that were virtually identical to what their permanent staff did. These “permatemps” spent years on software projects with the same responsibilities, reporting to the same management, and on full-time hours as their full-time counterparts. In many cases, everyone was making the same amount of money and had the same benefits, except for stock options extended to full-time employees only.

Lvmama, an online travel service provider, said that while its cruise reservations increased last year, growth did slow compared with 2017.

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MELBOURNE - Australia's fire and drought-ravaged east will suffer continued hot and dry conditions this summer, increasing the chances of severe weather events, the country's weather bureau said on Thursday.

MINSK — Belarusian President Alexander Lukashenko on Thursday said that Belarus has all possibilities to increase food supplies to China's Hunan province, local media reported.

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MANILA -- Multilateral development banks (MDBs), including the Asian Infrastructure Investment Bank (AIIB) and the Asian Development Bank (ADB), announced on Monday a joint framework for reinforcing their commitment to combating climate change.

Luo is one of the competitors in the one-on-one format. After he scored an impressive three-pointer, the spectators and competitors awarded him a standing ovation.