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UPDATE 1-Fidelity Contrafund cuts Chipotle stake by 21 percent

BOSTON, May 31 The Fidelity Contrafund cut its stake in Chipotle Mexican Grill Inc by 21 percent in April as the burrito chain continued to deal with fallout from last year's E.coli outbreak.

Regulatory News, IPOs 9:10pm IST

UPDATE 4-Cost squeeze helps VW brand back to profit after diesel debacle

* Profit at Chinese JVs drops as competition heats up (Adds peer comparison, detail on VW brand and CFO comments)

8:42pm IST

UPDATE 1-Airbus sales chief not worried by Boeing super-sizing 737

HAMBURG, May 31 Airbus sales chief John Leahy said on Tuesday he was not worried about Boeing adopting a larger engine for its 737 MAX 9 jet, dubbing it "Mad MAX" because of the technical challenges it would face.

8:40pm IST

UPDATE 5-Attempted North Korea missile launch fails - South Korea

* Attempted east coast launch fails, South Korean officials say

8:26pm IST

CORRECTED-UPDATE 1-Technip signs $500 mln Libya oil platform deal

PARIS, May 31 French oil services company Technip signed on Tuesday a deal worth $500 million with a consortium that includes Libya's National Oil Company (NOC) and Italy's oil and gas major ENI to refurbish an offshore oil platform.

8:21pm IST
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Surging growth helps India retain fastest growing economy tag

NEW DELHI India gathered momentum from January to March to extend its lead as the world's fastest growing large economy, helping Prime Minister Narendra Modi craft an impressive sales pitch for meetings with investors in the United States next week.