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Geely set for control of London taxi maker
China\’s Geely Group is set to increase its grip on lossmaking London black cab taxi maker Manganese Bronze by taking a controlling stake and moving more of the production of the TX4 cab to China.
Geely, China\’s largest privately owned car maker, is also in talks to buy [...]

Mercedes\’ domestic sales to outdo UK
Mercedes-Benz believes its strong market success in China comes from the German carmaker\’s ability to assimilate the trends and demands of the local market.
That strategy has been key to zipping ahead in China\’s fiercely competitive and dynamic automobile market, according to Klaus Maier, president and CEO of Mercedes-Benz (China) [...]

Cnooc may snag 50% of Argentine oil producer
CNOOC Ltd, China\’s largest offshore oil and gas producer, said on Sunday it will pay $3.1 billion to acquire a 50 percent stake in Argentine oil producer Bridas Corp, a deal analysts said will add to the company\’s reserves and production substantially.
"It is not only significant as [...]

Ferrari say will not block Schumacher deal
Ferrari will not stand in Michael Schumacher\’s way if the seven-times Formula One world champion decides to come out of retirement and race for Mercedes, president Luca di Montezemolo told Reuters on Monday.

Seven-time Formula One World Champion Michael Schumacher of Germany gestures from a kart in his hometown Kerpen, [...]

Google to \’bear consequences\’
Google "will bear the consequences" if it stops censoring search results on its Chinese website, the Ministry of Industry and Information Technology (MIIT) said on Friday.
The statement by Minister Li Yizhong at a press conference was the strongest one yet by the Chinese government over the issue since Jan 12, when [...]

Quality watchdog starts HP investigation
An investigation has been launched following complaints about faulty Hewlett-Packard laptops, an official from the General Administration of Quality Supervision, Inspection and Quarantine, China\’s quality control watchdog said, xinhuanet.com reported today.
The agency said complaints over the quality of HP laptops from 60 customers have been received.
As of March 10, on a [...]

McLaren say 2010 car will be more aggressive
Formula One world champion Jenson Button will start next season with a more aggressively designed McLaren than the one Lewis Hamilton struggled with for much of this year.
"It\’s still too early to be able to say with any confidence how competitive we\’ll be," engineering director Paddy Lowe said [...]

Renault echoes Ferrari pullout threat
Former champion Renault followed Ferrari\’s lead yesterday and threatened to quit Formula One at the end of the season unless the governing body rewrites the 2010 rules.
"If the decisions announced by the (FIA) World Council on the 29th of April 2009 are not revised, we have no choice but to [...]

Mallya expects to score points at Valencia GP
Force India is making significant changes to its car in its quest for a first point in Formula One this weekend.
Team principal Vijay Mallya said aerodynamic developments for Sunday\’s European Grand Prix in Valencia included a new floor, bargeboard area and front wing.
"We should definitely be Q2 (the [...]

Massa aims to return for Brazilian GP
Ferrari driver Felipe Massa planned on returning to action in October\’s Brazilian Grand Prix following his life-threatening injuries in Fomula One\’s Hungary stop.
The Brazilian told local media Globo TV late Sunday that he plans to be back in action for the October 18 race if his weekly [...]