China's Smartphone Sector Set for Shakeout

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Huawei’s sales of smartphones and other consumer products are holding up in China despite slowing economic growth, with global revenue from the Chinese telecom-equipment maker’s retail business set to grow 30% next year to more than $20 billion.

Stocks Fall Ahead of Jobs Report

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Global stock markets fell ahead of a U.S. labor market report that investors will examine for clues about the timing of the first U.S. interest rate rise in almost a decade.

BASF, Gazprom Renew Abandoned Asset-Swap Plan

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Germany’s BASF and Russia’s Gazprom will complete an asset-swap deal signed in December 2013 but called off late last year amid mounting political tensions between Russia and the West.

Alibaba's Jack Ma, Joe Tsai to Borrow $2 Billion Against Shares

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Chinese e-commerce giant Alibaba’s chairman and vice chairman, Jack Ma and Joe Tsai, are planning to borrow more than $2 billion in loans by using their shares in the company as collateral.

Japanese Banks Eye GE's Local Commercial Finance Operations

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Some of Japan’s biggest banks were among bidders for General Electric Co.’s Japanese commercial finance business, which is expected to fetch several billion dollars.

ECB Ready to Expand Stimulus Programs

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European Central Bank President Mario Draghi indicated that the bank stands ready to expand its stimulus programs if slowdowns in large developing economies and turbulence in financial markets hinder its ability to boost inflation to a target of just under 2%.

Argentina's YPF, Russia's Gazprom Move Toward Joint Venture

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Argentina’s YPF SA and Russia’s OAO Gazprom signed an agreement on Friday that could lead them to jointly develop unconventional gas projects in the South American country.

ECB's Draghi: It Ain't Easy Ahead of the Fed

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Mario Draghi promised that the European Central Bank was ready to boost quantitative easing as soon as necessary to help the eurozone economy.

Asia Stocks Slip Ahead of U.S. Jobs Report

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Markets in Asia headed for sharp losses for the week, as worries about an imminent rate increase by the U.S. Federal Reserve overshadowed the potential for stimulus by the ECB.

Jobs Report Could Seal Deal on Rates

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The August employment report could make or break the case for the Federal Reserve raising rates this month.

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