ECB Stands Pat

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The European Central Bank kept interest rates unchanged at record lows as officials wait to see if aggressive stimulus measures announced earlier are enough to boost the eurozone's fragile economy.

Tesla's Musk Tweets About Mysterious 'D'

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Tesla Motors Chief Executive Elon Musk sent a pair of ambiguous tweets suggesting the electric car company has at least one new product announcement planned.

Allianz Names New Chief Executive

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Allianz has appointed a new chief executive to start in May 2015, when the current chief executive steps down, and announced several changes to the management board.

Emirates Expansion Opens Up New Trade Routes in Africa

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Serving more than 20 African destinations, the Dubai-based airline has created important new links facilitating trade and investment.

Constellation Buys Mexican Glass Plant

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Constellation Brands agreed to buy a Mexican glass factory from Anheuser-Busch InBev NV for $300 million. The spirits maker also posted lower-than-expected profit and revenue for the latest quarter.

Darden Touts Sales Growth

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Darden, facing a proxy fight for control of its board, said sales increased for most of its chains in September and it expects earnings for the current quarter to come in at the higher end of its guidance.

Sears Plans Sears Canada Rights Offering

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Cash-strapped retailer Sears Holdings unveiled a new liquidity measure, this time involving a plan to sell off most of its 51% stake in Sears Canada to its shareholders.

Eurozone Producer Prices Down

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Prices of goods leaving the eurozone's factory gates continued to fall in August, an indication that the currency area is set to remain mired in a state of very low inflation.

Authors Guild Met With DoJ to Seek Amazon Probe

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The Guild, which has more than 8,500 members, raised concerns that Amazon is violating antitrust law as it puts pressure on Hachette Book Group in a dispute over revenue from e-books.

Carriers 'Double Data' to Poach Users

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AT&T, Verizon and Sprint battling for cellphone customers are offering to "double the data"—a promotion that has little cost in the near term but which could be trading away future revenue growth.

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