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Look to energy names for global demand clues

NEW YORK - Slumping energy shares drove the recent U.S. stock market selloff more than any other major group, so investors are turning to next week's slate of earnings to see if the sector can pull itself out of the pit.

Recent Business News

China's auto market growth may halve to 7 percent this year: industry body head

SHANGHAI - Growth in China's auto market, the world's biggest, will halve to 7 percent this year weighed down by a slowing economy, the head of an industry body said on Saturday.

25 Oct 2014

Panasonic says to transfer Sanyo TV unit in U.S. to Funai Electric

TOKYO - Panasonic Corp said it is transferring its Sanyo television unit in the U.S., which supplies sets to Wal-Mart Stores, to Funai Electric Co. of Japan in return for annual royalty payments.

Deals, Japan 1:39am EDT

Areva-Siemens raises claim to $4.4 billion over Finnish reactor delays

HELSINKI - The French-German consortium Areva-Siemens , the supplier of Finland's much-delayed Olkiluoto-3 nuclear reactor, has increased its claim against Finnish utility Teollisuuden Voima (TVO), TVO said late on Friday.

India's finance minister favors interest rate cut: paper

NEW DELHI - India's Finance Minister Arun Jaitley favors a cut in interest rates to trigger demand in the construction sector, a newspaper report said on Saturday, but the central bank has signal it will not ease policy until it is confident of lower inflation.

25 Oct 2014

Exclusive: Ford to overhaul Lincoln brand, this time with big bucks

DETROIT - Ford Motor Co's new chief executive, Mark Fields, is giving the automaker's long-moribund Lincoln brand what his predecessor Alan Mulally never could: a little love and a lot of cash.

24 Oct 2014

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