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Commodities, China stocks lick wounds after brutal July

LONDON - Commodities and China investors waved a relieved goodbye to July on Friday following a brutal sell-off that has revived fears about the global economy and overshadowed more encouraging news from the U.S. and Europe.

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Honda profit up 20 percent as robust U.S. sales, weak yen offset quality costs

TOKYO - Honda Motor Co said on Friday its quarterly net profit jumped 20 percent, beating estimates, as strong sales in the United States and a weak yen helped it absorb the impact of higher quality-related costs.

3:31am EDT

Uber to invest $1 billion in India to expand services

- Uber Technologies Inc [UBER.UL] will invest $1 billion in India in the next nine months, as the online taxi-hailing company looks to expand its services in its biggest market outside the United States.

4:32am EDT

Amgen profit tops Street view, boosts full-year forecast

- Amgen Inc on Thursday reported higher-than-expected second-quarter profit and revenue, helped by strong sales of its Enbrel rheumatoid arthritis drug and cost cutting, and the company raised its full-year forecasts.

30 Jul 2015

Hedge fund Elliott eyes fresh market turbulence

BOSTON/NEW YORK - Paul Singer's $27 billion hedge fund Elliott Associates is worried about Europe's prospects and is bracing for fresh market turbulence.

30 Jul 2015

GE may ship $10 billion in work overseas as U.S. trade bank languishes

WASHINGTON - General Electric Co is taking steps to shift some U.S. manufacturing work overseas now that the U.S. Export-Import Bank will be shuttered at least until September, the industrial giant's global operations boss told Reuters on Thursday.

U.S., Global Energy News 30 Jul 2015

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