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Energy may see further weakness as key names report

NEW YORK - Stock prices in the U.S. energy sector have been under pressure in 2015, and there could be more bad news to come when several key players report their fourth-quarter results next week.

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U.S. regulators recall 2.1 million vehicles in new air bag issue

- The auto industry's air bag troubles deepened on Saturday as U.S. federal safety regulators said three big automakers will recall about 2.1 million older vehicles to fix defects that could cause air bags to deploy when they are not supposed to.

31 Jan 2015

China factory sector jolts by shrinking in January

BEIJING - China's factory sector unexpectedly shrank for the first time in nearly 2-1/2 years in January and firms see more gloom ahead, an official survey showed, raising expectations that policymakers will take more action to forestall a sharper slowdown.

31 Jan 2015

Greece seeks to reassure Europe as tensions rise

ATHENS - New Greek Prime Minister Alexis Tsipras, striking a conciliatory note on debt talks after a turbulent start to office, has called the European Central Bank chief to assure him that Athens was seeking an agreement.

31 Jan 2015

Germany, ECB play hardball with Greece

BERLIN/HELSINKI - German Chancellor Angela Merkel ruled out a debt writedown for Greece on Saturday, and a European Central Bank policymaker threatened to cut off funding to Greek banks if Athens does not agree to renew its bailout package.

31 Jan 2015

JPMorgan to pay $99.5 million to resolve currency rigging lawsuit

NEW YORK - JPMorgan Chase & Co, the largest U.S. bank, agreed to pay $99.5 million to settle its portion of an antitrust lawsuit in which investors accuse 12 major banks of rigging prices in the $5.3 trillion-a-day foreign exchange market.

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