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Asia stocks hobbled by growth anxiety, China PMI fails to impress

TOKYO - Asian shares sagged on Thursday after a retreat on Wall Street and falling crude oil prices rekindled investor anxiety over slowing global growth, while a mixed picture on Chinese manufacturing failed to impress markets.

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Finland's Nokia beats market expectations in third-quarter

HELSINKI - Finland's Nokia on Thursday beat market expectations as it reported strong third-quarter profit growth and lifted the profitability outlook for its core network unit on the back of network roll-outs in North America and China.

2:55am EDT

Chinese trainmakers set to go head to head for California deal

SHANGHAI - China's CSR Corp Ltd is keen to supply high-speed trains to California, a company official said, in a move that will pit the trainmaker against domestic rival China CNR Corp Ltd.

2:41am EDT

Monte Paschi and Carige set to face capital gap in ECB tests: Bloomberg

MILAN - Italian banks Monte dei Paschi di Siena and Banca Carige are likely to need additional capital to plug shortfalls found by the European Central Bank (ECB) in region-wide bank stress tests, according to a media report.

3:37am EDT

Tesco scraps profit outlook as accounting black hole deepens

LONDON - Tesco reported a bigger than expected hole in its accounts on Thursday after finding mistakes in booking income had gone back further than initially thought, forcing Britain’s biggest grocer to scrap its full-year profit outlook.

3:40am EDT

AT&T revenue misses forecasts as more customers bring own phones

WASHINGTON - AT&T Inc on Wednesday reported a rise in quarterly revenue, but the increase was less than Wall Street expected as a wave of subscribers plugged into the network using pre-purchased devices. | Video

Tech, Media 22 Oct 2014

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