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Upbeat earnings, hopes of more ECB stimulus lift mood in Europe

LONDON - European shares edged up and the euro hit a one-week low against the dollar on Wednesday, driven by upbeat company earnings results and hopes of corporate bond buying by the European Central Bank.

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Air freight outlook improves, annual growth of 4.1 percent seen: IATA

BERLIN - The outlook for air freight demand is improving after several years in the doldrums, the International Air Transport Association said on Wednesday.

5:14am EDT

Exclusive: Investors seek more time to prepare for Hong Kong-Shanghai stock tie-up

HONG KONG - Some of the world's biggest banks and asset managers have asked the Hong Kong securities regulator for more time to prepare for a landmark China stock trading link due to uncertainty over the rules of the scheme, according to a letter seen by Reuters.

4:20am EDT

Wet European summer leaves Heineken beer sales short

BRUSSELS - Heineken , the world's third largest brewer, reported lower than expected beer sales in the third quarter as Europeans drank less during a wet summer, but retained its full-year outlook.

2:57am EDT

Total board to consider split of CEO/Chairman roles: Les Echos

PARIS - The board of French oil group Total will meet on Wednesday to consider splitting the chairman and chief executive roles previously held by Christophe de Margerie, who died in a plane crash in Moscow on Monday, Les Echos newspaper reported.

3:43am EDT

Boeing and Chinese partner to make jet fuel from 'gutter oil'

BEIJING - Aircraft makers Boeing and Commercial Aircraft Corp of China have launched a joint pilot project to turn used cooking oil into jet fuel.

Environment, China 3:36am EDT

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Why the U.S. is spending $1 trillion on nukes

The Congressional Budget Office estimates the 10-year costs of maintaining and modernizing our existing arsenal at $355 billion, with another $215 billion slated for "other nuclear-related activities."