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U.S. markets news

PRECIOUS-Gold rallies for 4th day on hopes of delay in Fed rate hike
(Adds comments, updates prices) By A. Ananthalakshmi SINGAPORE, Oct 14 Gold extended gains to a fourth straight session on Wednesday, hitting a fresh three-month high, bolstered by a weaker dollar and comments from Federal Reserve officials ...
A 2nd Fed Governor Opposes Raising Rates This Year, Breaking With Yellen  New York Times
Gold price near 3 month high on hopes of delay in US Fed rate hike  Financial Express
Financial Times  
Singapore Economy Expands Slightly in Third Quarter
Singapore's economy expanded slightly in the third quarter, narrowly avoiding recession after shrinking in the previous three months, preliminary figures showed Wednesday.
Singapore Eases Monetary Policy as Growth Sputters  Wall Street Journal
EconomySingapore central bank slows currency appreciation  Financial Times
China September inflation cooler than expected, producer prices extend slump
BEIJING Consumer inflation in China cooled more than expected in September while producer prices extended their slide to a 43rd straight month, adding to concerns about deflationary pressures in the world's second-largest economy.
China's Lingering Deflation Risks Offer Room For More Easing  Bloomberg
China inflation falls in September: Govt  Times of India
Twitter just laid off 336 workers
Jack Dorsey's new tenure as Twitter's CEO is off to quite a start: the company's cutting almost a tenth of its workforce.
Twitter layoffs signal effort to improve growth  Santa Cruz Sentinel
Twitter employee Bart Teeuwisse tweets about how he lost his job  Sydney Morning Herald
AB InBev Wins Over SABMiller With Proposal of $104.2 Billion
Anheuser-Busch InBev NV finally won over SABMiller SBMRY 5.59 % PLC's board with a $104.2 billion takeover bid to create a brewer that would dominate much of the world's beer market, but only after weeks of behind-the-scenes talks that erupted into a ...
AB InBev agrees to buy SABMiller: Inside the Bud-Miller superbrewery  CNN
It's Miller time for Anheuser-Busch as $106bn takeover accepted  Irish Independent
Asian shares extend losses after China prices cool
TOKYO Asian shares tottered on Wednesday, extending losses after consumer inflation in China eased more than expected and heightened concerns about deflationary pressures in the world's second-largest economy.
Asian Shares Slip, Taking Cues From Wall Street  NDTV
Chip-making giant Intel reports 6% fall in net income
The world's biggest chipmaker, Intel, reported a 6% fall in net income for the three months to September and cut its fourth quarter outlook for its important server-chip business.
Intel Q3: Cloud, Memory Chips Shine, Enterprise Weakens  Barron's (blog)
Intel Beats Earnings: Is It A Big Tech Value Play? (Video)  Seeking Alpha
Houston, We Have Liftoff! Southwest Airlines Goes International
One of the main reasons for Southwest Airlines' acquisition of AirTran Airways a few years ago was to accelerate its entry into international markets.
Southwest Airlines´┐Ż Offers Domestic Fares Starting As Low As $49 One-Way And ...  Virtual Press Office (press release)
UPDATE 3-Australia's Westpac unveils $2.5 bln rights issue, lifts mortgage rates
... * To issue new shares at A$25.50 vs Tuesday close of A$30.44. * To raise home loan rates by 20 basis points. * Australia's "Big Four" banks have now raised over A$20 bln.
Australia's Westpac Raises Home-Loan Rates  Wall Street Journal
Five reasons Westpac's interest rate rise matters  Sydney Morning Herald
Treasury Wine Estates to Buy US and British Brands From Diageo
SYDNEY, Australia - The Australian winemaker Treasury Wine Estates said on Wednesday it would buy the majority of the United States- and Britain-based wine assets of the alcoholic beverage company Diageo for $552 million in cash to bolster its sales ...
Treasury Wine to buy bulk of Diageo's UK, US wine assets for $552 million  CNBC
Treasury Wine splashes $754m to buy Diageo wine business  Sydney Morning Herald