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Despite the market for toys and games in China having an impressive CAGR of 24.2% between 2003 and 2008, US toy manufacturer Mattel is closing its flagship Barbie store in Shanghai.

Norwegian Energy Company ASA (Noreco) issued its latest oil production update for February on Monday, stating that its output totalled 11,025 barrels of oil equivalents (boe) per day during last month.

UK-based bus, coach and transport management group Rotala announced Monday that it had ordered 20 new hybrid and standard diesel buses from the Optare Group for £3.6 million.

Rolls-Royce Group plc confirmed Monday that, together with Daimler AG, it is holding detailed talks about the possibility of acquiring the majority of Tognum AG in equal shares.

Allied Healthcare International Inc., said Monday that its UK subsidiary, Allied Healthcare Group Limited, had acquired the homecare business of Health and Lifecare Options Limited (HALO) for $4.1 million (£2.5 million).

International Airlines Group (IAG) announced Monday that it had struck a deal with Airbus to purchase eight A330-300 jets, in addition to purchase options on up to eight other A330 family aircraft, for Iberia's longhaul fleet.

Consumers can now pick up a solar panel with their groceries as Sainsbury begins offering environmental technology alongside tins of beans.

Belgium's Mobistar said Friday that it was pushing forward new technology this month which will enable certain digital TV subscribers to access their Facebook and Twitter social media accounts whilst watching television.

Sweden's TeliaSonera said Friday it had acquired new frequencies through a government telecommunications licence auction after bidding SEK854 million which it would use to further expand its growing next-generation 4G network.

Ohio-based specialised data vendor Teradata has acquired Aster Data Systems, a data management and analysis software company, for US$263 million.