SoftBank Operating Profit Rises 7%

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Japanese telecom and Internet company SoftBank said it saw signs of a turnaround at troubled U.S. mobile carrier Sprint.

New Warnings on Lithium Batteries in Air Cargo

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U.S. air-safety regulators, accident investigators and pilot-union leaders issued separate warnings about the hazards of shipping lithium batteries as air cargo, boosting momentum for further international action.

This Chinese City's Property Market Is Out of Control

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Shenzhen housing prices are up nearly 50% from a year ago. Speculation and unaffordability mean such gains are likely unsustainable.

How a Sanofi Diabetes Bet Went Wrong

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French drugmaker Sanofi thought it had a gold mine in its licensing pact with MannKind for the rights to sell the insulin inhaler Afrezza, but safety concerns and reimbursement issues doomed the effort.

AP Moller-Maersk Earnings Hit by Perfect Storm

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Shares in AP Moller-Maersk dropped more than 5% after the Danish conglomerate swung to a hefty fourth-quarter net loss as tumbling freight rates and sluggish trade growth hit its key shipping business, while its oil unit took a $2.5 billion charge.

Japan Shares Fall on Uncertainty About Fed Rate Plan

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Stocks in Japan stumbled as investors fretted about the future course of the Fed’s rate policy and the health of global banks, while Australia fell into a bear market.

Nissan Net Profit Jumps 25% in Third Quarter

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Japan’s second-biggest auto maker said quarterly net profit grew 25% after strong sales in the U.S. and Europe offset a slowdown in emerging markets.

Asahi Nears $3.5 Billion Deal for Peroni, Grolsch

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Japan’s Asahi Group is close to buying two European beer brands that SABMiller and Anheuser-Busch InBev want to sell to address regulatory concerns about their planned merger.

Qihoo 360-Led Consortium Makes $1.2 Billion Offer for Opera

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A consortium of Chinese investors including security software firm Qihoo 360 Technology has agreed to pay $1.2 billion to buy Norwegian browser maker Opera Software.

The High Consequences of Low Interest Rates

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At the start of 2016, Americans were bracing for interest rates to rise significantly for the first time since the financial crisis. Instead, rates have slumped anew, rattling financial markets and undoing the plans of investors, consumers and businesses alike.

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