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Consumer Corner: Foreclosure settlement no magic bullet for economy
NEW DELHI, June 13 (UPI) -- Honda Motorcycle Scooters India announced Wednesday it is developing a 100 cc motorcycle exclusively for India.
The new model, with its premium price, could hit the market within three years, said Shinji Aoyama, HMSI president and chief executive officer.
Aoyama said the company didn't expect "big volumes" for that particular bike, Press Trust of India reported. It would be produced at Honda's facility in Manesar.
Aoyama said the company would "probably" launch a 125 cc engine model geared more toward the younger rider.
"Our existing 125 cc product, (the) Honda Shine, is not very popular with youngsters and hence we would launch a new product targeting the young population," he explained.
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BAGHDAD, Feb. 14 (UPI) --
U.S. supermajor Exxon Mobil won't be able to take part in an oil and natural gas licensing auction scheduled for May in Iraq, a spokesman said.
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WASGHINGTON, D.C., Feb. 13 (UPI) --
Defense industries are weighing the potential impact of proposed defense cuts running into tens of billions of dollars over the next 10 years.
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Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
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Investors will not have the distraction of financial reports to look forward to this week. They will have to look at the spot news headlines instead.
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