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Asia stocks slide on Wall Street losses, oil drops as glut worries return

SINGAPORE Asian shares on Wednesday followed in the footsteps of Wall Street, which pulled back overnight on disappointing earnings, while the dollar strengthened and oil prices extended this week's losses.

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Toyota to recall 5.8 million cars in Japan, China, Europe over Takata airbags

TOKYO Toyota Motor Corp on Wednesday said it was recalling about 5.8 million cars at home and abroad over potentially faulty air bag inflators made by Takata Corp. , including those used as replacement parts following a 2010 recall.

3:09am EDT

White House urges ban on non-compete agreements for many workers

The Obama administration on Tuesday called on U.S. states to ban agreements prohibiting many workers from moving to their employers' rivals, saying it would lead to a more competitive labor market and faster wage growth.

Election 2016, Politics Oct 25 2016

Exclusive: Slim in talks with Spanish firms for bid on $3.5 billion Mexico airport terminal - sources

MEXICO CITY/MADRID Tycoon Carlos Slim's construction arm is in talks with his majority-owned construction firm FCC and rival Spanish builder Acciona to jointly bid on a coveted $3.5 billion (2.87 billion pounds) Mexico City airport terminal project, five people familiar with the matter said.

Deals, Mexico, Spain Oct 25 2016

Lighten up: tech firms take on economy-class flight challenge

SINGAPORE Some start-ups are taking on one of air travel's last undisrupted bastions - the economy-class cabin. While first and business class travelers have long enjoyed comfort upgrades, there's been less attention to innovation at the rear of the plane. "We want to make travel memorable and comfortable for all of us, not just the top 1 percent," Alireza Yaghoubi, founder of Singapore-based AirGo, told a recent start-up conference to pitch his superlight economy-class seat. H

Vodafone UK fined a record 4.6 million pounds for failing customers

LONDON Britain has fined Vodafone a record 4.6 million pounds ($5.60 million) for "serious and sustained" customer failures, including not updating accounts when mobile phone users topped up their credit to make calls.

2:55am EDT


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