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Asia stocks hobbled by growth woes, 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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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

Tesco scraps outlook on larger than expected accounting black hole

LONDON - Britain's biggest grocer Tesco reported a larger than expected hole in its accounts on Thursday, forcing it to scrap its full-year trading profit outlook.

2:24am 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

U.S. prosecutors probe Takata Corp over statements: WSJ

NEW YORK - U.S. federal prosecutors are trying to determine whether Japanese auto parts maker Takata Corp misled U.S. regulators about the number of defective air bags it sold to automakers, including Toyota Motor Corp and Honda Motor Co Ltd, The Wall Street Journal reported on Wednesday.

U.S. inflation muted in September as energy costs drop

WASHINGTON - U.S. consumer prices rose marginally in September, painting a weak inflation picture that should give the Federal Reserve ample room to keep interest rates low for a while. | Video

22 Oct 2014

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