ASOS Issues Profit Warning

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Shares in ASOS dropped after the online fashion retailer warned that lower selling prices and investment in logistics and technology would hold back 2015 profit.

Netflix Europe Rollout Begins in France

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Netflix launched in France on Monday, kicking off a weeklong roll-out into six European countries, including Germany, Belgium and Switzerland. It is the online video-streaming company's biggest single International expansion yet, and one of the most risky.

Qantas Weathers Aussie's Fall

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Qantas Airways says it is weathering a further squeeze on earnings from a weakening Australian dollar, less than a month after posting its biggest-ever loss.

Russia 'May Tap Rainy-Day Fund'

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Russia may tap its reserve fund next year for the first time in six years as the country faces increasing capital flight and decreasing oil prices, a finance ministry official said.

GM's Opel Hunkers Down in Russia

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German car maker Opel plans to reorganize its Russian operations as demand for new cars has slumped amid a worsening domestic economy marked by the falling value of the ruble and economic sanctions imposed by western countries.

Airbus Unit to Sell Some Businesses

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Airbus Group's Defence and Space unit will sell its communications business, some subsidiaries and stakes in other companies to streamline its operations and focus on its space and defense activities.

Publicis Extends Maurice Levy's Term as CEO

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Publicis Groupe's long-standing Chief Executive Maurice Levy will stay at the helm of the advertising giant longer than planned, as part of a management reshuffle to prepare for the company's future following the collapse of a $35 billion proposed merger with U.S. rival Omnicom.

China Bans Coal With High Ash

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China will ban highly polluting types of coal starting next year, making good on a vow its cabinet issued in late 2013 as part of an increasingly tough campaign to clean up its air.

19 Deaths Linked To GM Defect

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General Motors faulty ignition-switch death toll now stands at 19, above the auto maker's earlier estimate, and may go higher, its hired compensation expert, Kenneth Feinberg, said in his first public update.

German Auto Parts Maker to Buy TRW

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ZF Friedrichshafen agreed to buy TRW Automotive for about $11.7 billion, creating the world's second-largest automotive supplier by sales.

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