CHINA

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Economy shows signs of improvement

The number of Americans filing new claims for jobless benefits dipped last week and the U.S. trade deficit narrowed slightly in August, signs that point to a slight strengthening in growth.

Foxconn to make iPads in Brazil, eyes $12 billion plan

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Taiwan's Foxconn confirmed it will start producing iPads in Brazil in December but is still negotiating a multibillion-dollar expansion plan in the country, senior company and government officials said on Thursday.

Gap bets on bolder classics for turnaround

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Gap Inc is looking to simplify its clothing offerings, dab in more color, and de-clutter its North American namesake stores to help boost sluggish sales at the chain.
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Traders gather at the Barclays Capital's kiosk on the floor of the New York Stock

U.S. Stocks Hit by Weak Chinese Trade Report

U.S. stocks and global risk assets were hit with a worse-than-expected trade report out of China. China reported that September exports rose 17 percent from a year ago and imports increased 21 percent from a year ago.
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August trade gap narrows slightly

The trade deficit narrowed marginally in August, but the trade gap with China widened to a record high, the Commerce Department said on Thursday.
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Instant view: Jobless claims dip 1,000 last week

New claims for unemployment benefits edged down last week, according to a government report on Thursday that pointed to a modest improvement in the labor market at the start of the fourth quarter.
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Carrefour warns on profit as Europeans cut back

Carrefour, Europe's biggest retailer, issued its fourth profit warning in as many months on Thursday, adding to signs cash-strapped shoppers are cutting back and increasing doubts about its turnaround plan.
Sign for Safeway grocery store shown in San Francisco

Safeway Profit Tops Street; Shares Rise

Safeway Inc reported a quarterly profit that beat analysts' low expectations, benefiting from higher fuel sales and cost cuts, and its shares rose nearly 4 percent.
Exports have long been China’s main driver of its economic growth.

U.S. Stocks Open Lower on China Data, JPM Earnings

U.S. stocks edged lower on Thursday on news that growth in Chinese trade slowed in September. Before the market opened, JPMorgan Chase (NYSE:JPM) reported third quarter earnings of $1.02 per share, which exceeded expectations.
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Wall Street to open lower after China data, JPMorgan

Stocks were set to open lower on Thursday as earnings from JPMorgan and soft economic data in China highlighted worries about a slowing global economy, giving investors reason to pause after the recent run-up.
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IMF says China has scope to respond to global risks

China has the scope to respond if global economic risks materialize, and the country's response could partially but not entirely offset the impact of a global crisis, the International Monetary Fund's Asia and Pacific director said on Thursday.
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Italian debt sold, China hits equities

Italy's sale of 6.2 billion euros in bonds on Thursday eased investors' immediate concerns about its funding in the euro zone debt crisis, but stock markets were hit by weaker Chinese trade data.
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Oil Prices Dip on Lower Chinese Demand

Oil slipped Thursday, with Brent crude snapping a six-day rally, after trade data from China pointed to slower demand in the world's second-largest oil consumer.

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