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BT talking to pensioners about caps on benefits - Telegraph

Britain's biggest telecoms group BT Group Plc has begun informal talks with representatives of its retired staff about a plan to cap their pensions and ease one of the biggest challenges facing the company, the Daily Telegraph newspaper reported on Friday.

Beijing bling - Hyundai plots China branding reboot after missile row

Bruised by anti-Korean sentiment in its biggest market and losing ground to local automakers, Hyundai Motor will open its first Chinese brand store, and may locally assemble its premium Genesis cars and accelerate the launch of a sport-utility vehicle (SUV), people familiar with the plans said.

GM says ISS advises against Greenlight share plan, board nominees

General Motors Co said on Saturday that proxy advisory firm Institutional Shareholder Services has recommended that shareholders vote against a slate of directors proposed by hedge fund Greenlight Capital and reject the hedge fund's plan to divide GM shares into two classes.

Legal & General, Aviva plan Ireland moves post-Brexit

British insurer Legal & General said it will move some of its investment management operations to Ireland to ensure it can continue to serve its customers after Brexit, while rival Aviva is turning its Irish branches into subsidiaries.

PepsiCo in bid to acquire Vita Coco owner - sources

Soft drink maker PepsiCo Inc is in talks to acquire All Market Inc, the owner of coconut water brand Vita Coco, whose celebrity investors include Madonna and Matthew McConaughey, people familiar with the matter said on Friday.

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