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Employees assemble washing machines on the production line inside a factory of Hefei Rongshida Sanyo Electric in Hefei, Anhui province, yesterday. Photograph: Reuters

Home appliance maker Whirlpool said it will acquire a controlling stake in Hefei Rongshida Sanyo Electric for $552 million to expand in China’s fast-g(...)

Whirlpool has posted a stronger-than-expected jump in quarterly profit and raised its full-year outlook, citing sales gains in all of its markets, inc(...)