Oil slips; Coke buys in China

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Oil prices held below 110 dollars on Wednesday as the dollar neared a 10-1/2 month high, raising hopes of an easier business environment for Asian manufacturers and exporters, but rattling resource-focused stocks. Coca-Cola will buy all outstanding shares, bonds and options of Huiyuan and take the company private after the acquisition. Huiyuan controls about 43 percent of the pure-juice market, according to AC Nielsen figures cited by the company. Kitty Bu reports.


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