Hyundai Heavy Workers Endorse Strike

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Unionized workers at Hyundai Heavy Industries late Wednesday endorsed a possible strike over wage and benefit issues, threatening to halt production at the world’s biggest shipbuilding company for the first time in 20 years.

Nokia Returns to Profit

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Nokia gave a more bullish full-year financial outlook after swinging back to profit in the third quarter partly because of a 13% rise in revenue as the Finnish company deployed high-speed mobile networks in North America and China.

Orange Hit by Tough Competition

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Orange posted another drop in revenue and profit in its latest quarter as tough competition in some of the telecom group’s largest markets continued to weigh.

Daimler Profit Soars

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German auto maker Daimler reported a sharp increase in third-quarter earnings on strong demand for its flagship S-class sedans and robust growth in Europe, Asia and the U.S.

Hyundai Motor Profits Tumble

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Hyundai Motor third-quarter net profit fell 28%, hurt by a stronger local currency, work stoppages and weak sales of its new flagship sedan.

Pernod Ricard Sales Rise

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French drinks maker Pernod Ricard said sales grew 1% in the first-quarter as the group continues to fight against a slump in demand in China.

Air Bag Recalls Trigger New Scrutiny

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A suddenly expanded recall of air bags is turning into a new safety crisis for the auto industry and intensifying scrutiny of U.S. regulators’ ability to oversee auto makers and their suppliers.

Nickel's Slide Extends Roller-Coaster Ride

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Nickel prices have sunk to their lowest level since March, extending a roller-coaster year for investors, amid a gloomy economic outlook and fallout from a trade-financing scandal in China.

CICC Chairman Resigns

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The chairman of China International Capital Corp has resigned, marking the second top management change in less than two weeks.

Junk-Bond Prices Bounce Back

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Junk-bond prices have bounced back after their steepest decline in more than a year, underscoring the thirst for higher-yielding investments despite concerns about an overheated market.

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