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THE new Portuguese government and a private consortium that bought a 61 per cent stake in flag carrier TAP last year have agreed in principle to give the state a larger stake and share control of the...

CHINA'S COSCO Group is expected to make an offer for Greece's rail network after becoming the sole bidder for the country's largest port, two people familiar with the matter said late...

GLOBAL truck maker Volvo forecast a steeper slowdown in the North American heavy-duty truck market this year and said it would cut production there after posting a slightly smaller than expected rise...