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Air bag maker refuses to expand recall coast to coast

2014-12-03 23:09:05| Automakers - Topix.net

Japan's Takata Corp. rejected federal regulators' demand Wednesday for an expanded, nationwide recall of millions of air bags, setting up a possible legal showdown and leaving some drivers to wonder about the safety of their cars. Amid the standoff, Honda Motor Co.

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Brazil's Petrobras announces gas find off Colombian coast

2014-12-03 11:18:19| Jewelry - Topix.net

Brazil's state-run oil company Petroleo Brasileiro SA said on Tuesday it had found natural gas in an exploratory well off the Colombian coast, the first deep-water discovery in Colombia's Caribbean waters. Petrobras is the operator of the Bloco Tayrona area, with a 40 percent stake.

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Indian Oil Corporation eyes West coast for new refinery project

2014-11-30 08:46:09| Oil & Gas - Topix.net

Country's biggest oil company IOC is looking at setting up a greenfield refinery on the West coast as part of its expansion plans, a top company official has said. "With the growth in the economy, we see there is a need for green field refinery by 2021-22.

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East Coast rail winner announced

2014-11-27 09:54:32| BBC News | Business | UK Edition

A consortium made up of Stagecoach and Virgin wins the franchise to run the East Coast mainline rail route, which has been in public hands since 2009.

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Stagecoach Transport and Virgin win new East Coast franchise

2014-11-27 01:00:00| Railway Technology

UK's Department for Transport has decided to award the Intercity East Coast franchise to Inter City Railways, a joint venture between Stagecoach Transport and Virgin.

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