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U.S. markets news

Beer wars: SABMiller rejects $104 billion bid from AB InBev
British-South African beer brewer SABMiller on Wednesday rejected a $104 billion bid from rival beer giant Anheuser-Busch InBev. The rebuff from SABMiller was the third this month.
BUZZ-SABMiller: AB InBev raises takeover offer to 42.15 stg/shr  Reuters
SABMiller investors split over AB InBev's �65bn takeover proposal  Financial Times
BBC News  
American Apparel hangs on to its made-in-America model — by a thread
American Apparel employs about 4,600 sewing and manufacturing workers in the Southland, where apparel wages are relatively high. American Apparel employs about 4,600 sewing and manufacturing workers in the Southland, where apparel wages are ...
Deep in debt: Eight artists American Apparel ads owe their aesthetic to
Mounting losses prompt bankruptcy filing by American Apparel  Rapid News Network
Consumer agency eyes rules that could ban forced arbitration
The Consumer Financial Protection Bureau is weighing potential rules that would ban financial firms from using arbitration clauses to block customers from pursuing group lawsuits to win relief in disputes.
Government's consumer bureau targets mandatory arbitration  MarketWatch
CFPB may ban arbitration clauses in financial service contracts  ConsumerAffairs
FOREX-Yen gains as BOJ drops no hints on further easing of policy
... * Yen rebounds against dollar, euro. * BOJ saves its ammunition, opts to stand pat on policy. * Euro underperforms, hurt by German data (updates, adds quote).
Global shares higher despite lower IMF growth forecast  CBS News
BoJ damps hopes for stimulus boost  Financial Times
AppDirect raises $140 mln in latest funding
Oct 7 AppDirect, which helps developers and businesses create, use and sell apps, said it raised $140 million in a funding round led by an investment fund advised by J.P.
AppDirect Raises $110 Million at $1 Billion Valuation  Bloomberg
JP Morgan leads a huge investment in this hot cloud startup  Fortune
IMF confident about China's GDP growth expectations
LIMA: The International Monetary Fund (IMF) is confident about its GDP growth expectations for China in the range of 6.5 per cent to 7.5 per cent in 2015, according to IMF's latest World Economic Outlook.
The World Economic Outlook IMF projects steady emerging-market growth over ...  The Economist (blog)
What the IMF Said About India's Growth Outlook  Wall Street Journal (blog)
UPDATE 1-Diageo sells stakes in two brewers to Heineken for $780.5 mln
(Adds details, background, share movement). By Aastha Agnihotri. Oct 7 (Reuters) - Diageo Plc, the world's largest spirits company, said it had sold its stakes in Jamaican brewer Desnoes & Geddes Ltd and GAPL Pte Ltd, the majority owner of Malaysia's ...
Diageo bags �440m profit from asset swap deal with Heineken
Heineken and Diageo agree €696m asset swap
Samsung Expects Earnings Rebound Powered by Chips
SEOUL— Samsung Electronics Co. SSNHZ 0.00 % 's surprisingly upbeat third-quarter guidance highlights how its components arm has become a key driver of earnings growth, but even that business faces headwinds as the global supply of chips appears ...
Here's why Samsung's profits are up nearly 80%  Fortune
Samsung Electronics tips better-than-expected third quarter profit, shares surge  Reuters
China's forex reserves continue to dip for fourth month
The forex reserves decreased by USD 43.26 billion in September, marking the fourth consecutive month of decline, said the People's Bank of China, the country's central bank.
China forex reserves post record quarterly fall as cenbank steps up yuan support  Reuters
China's forex reserves continue to decline for fourth month  Times of India
Saudi prince doubles ownership of Twitter stock
RIYADH, Saudi Arabia - Saudi billionaire Prince Alwaleed bin Talal and his investment company have doubled their ownership of Twitter's publicly traded shares in the past six weeks.
Saudi prince now owns 5% of Twitter  CNNMoney
UPDATE 1-Saudi Prince Alwaleed's Kingdom Holding raises Twitter stake  Reuters