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  • TOKYO, Sept 1- Japan and Australia are leaning towards a multibillion-dollar sale by Tokyo of a fleet of stealth submarines to Canberra's military in a move that could rile an increasingly assertive China, people familiar with the talks said.

  • Heineken sells Mexican packaging business to Crown Monday, 1 Sep 2014 | 4:31 AM ET

    AMSTERDAM— Dutch brewer Heineken NV says it has sold its packaging business in Mexico to Crown Holdings Inc. of the U.S. for $1.23 billion to reduce debt. Philadelphia- based Crown said the deal will make it the second-largest beer and soft drink can producer in the United States and the maker of 20 percent of all cans globally.

  • AMSTERDAM/ BRUSSELS, Sept 1- Dutch brewer Heineken has agreed to sell its Mexican packaging business Empaque to Crown for $1.23 billion including debt, shedding a non-core business it acquired when entering the Mexican market in 2010..

  • Obama: 'Revving' economy calls for higher wages Monday, 1 Sep 2014 | 3:39 AM ET

    MILWAUKEE, Wis.— Taking a bullish stand on the economy, President Barack Obama is renewing his call for an increase in the minimum wage, looking to give Democrats an issue on which to campaign going into November's midterm congressional elections.

  • BARCELONA, Sept 1- A nerve stimulation device from Cyberonics improved cardiac function in heart failure patients in a small clinical trial, in contrast to an unsuccessful study backed by Boston Scientific.

  • Putin's American PR firm now walking a fine line Monday, 1 Sep 2014 | 2:47 AM ET
    Vladimir Putin

    As relations between Russia and the U.S. turn frosty, Ketchum, a division of Omnicom, finds itself walking an increasingly fine line.

  • A timeline of Atlantic City's Revel Casino Hotel Monday, 1 Sep 2014 | 2:31 AM ET

    September 2007: Revel Entertainment and partner Morgan Stanley file plans for a new casino and 3,800 hotel rooms. July 31, 2008: A plane crash in Minnesota kills three executives of Revel Entertainment and its builder, Tishman Construction.

  • Atlantic City's Revel starts closing after 2 years Monday, 1 Sep 2014 | 2:24 AM ET

    ATLANTIC CITY, N.J.— The most spectacular and costly failure in Atlantic City's 36- year history of casino gambling begins to play out Monday when the $2.4 billion Revel Casino Hotel empties its hotel. Revel will be the second of three Atlantic City casinos to close in a two-week span.

  • Carlyle settles to avoid trial by jury Monday, 1 Sep 2014 | 2:06 AM ET
    A sign for the Carlyle Group, a private equity firm, in Washington, DC.

    Carlyle has brought to an end allegations that the world's largest private equity groups conspired to fix the prices of leveraged buyouts.

  • BEIJING, Sept 1- A Chinese anti-trust regulator said on Monday it has given Microsoft Corp 20 days to reply to queries on the compatability of its Windows operating system and Office software suite amid a probe into the world's largest software company.

  • MACAU, Sept 1- Gambling revenue in the world's biggest gaming hub Macau fell 6.1 percent in August on an annual basis, the third consecutive monthly decline this year as a stepped up campaign against corruption and falling housing prices in China sapped demand from high-rolling VIP customers.

  • --Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, Sept 1- In the high-stakes poker game being played between the Indonesian government and mining companies, it has come as a bit of a surprise that Jakarta appears to be playing the winning hand.

  • Bad weather shuts down concerts, delays flights Monday, 1 Sep 2014 | 12:15 AM ET

    PHILADELPHIA— Severe thunderstorms across the Northeast on Sunday slowed operations at airports, wreaked havoc at outdoor sporting and musical events in New York and Philadelphia and sent people scurrying from a beach after three men were struck by lightning.

  • TOKYO, Sept 1- Asian shares edged higher on Monday, with investors wary of a deepening crisis in Ukraine and a downbeat China manufacturing survey, while the euro touched a fresh one-year low ahead of this week's European Central Bank meeting.

  • TOKYO, Sept 1- Asian shares balked at the starting gate on Monday, skittish in the face of a deepening Ukraine crisis, while the euro touched a fresh one-year low ahead of this week's European Central Bank meeting.

  • FOREX-Euro hamstrung by Ukraine worries, dollar up Sunday, 31 Aug 2014 | 7:40 PM ET

    SYDNEY, Sept 1- The euro slipped to a fresh one-year low early on Monday as the situation in Ukraine worsened, although a holiday in the United States and major central bank events later in the week will probably keep investors sidelined.

  • Bad weather shuts down concerts, delays flights Sunday, 31 Aug 2014 | 6:55 PM ET

    PHILADELPHIA— Severe thunderstorms across the Northeast on Sunday slowed operations at airports, wreaked havoc at outdoor sporting and musical events in New York and Philadelphia and sent people scurrying from a beach after three men were struck by lightning.

  • School's $100M donor is Columbia Sportswear chair Sunday, 31 Aug 2014 | 4:59 PM ET

    PORTLAND, Ore.— The anonymous donor that gave $100 million to Oregon Health& Science University last month has been revealed as Columbia Sportswear chairwoman Gert Boyle, and the donation was made to honor her late sister.

  • Iowa firm selling new pure vodka in the state Sunday, 31 Aug 2014 | 3:57 PM ET

    The Mason City Globe Gazette reports IngeniOz vodka started selling for about $24 a bottle in Iowa stores a month ago. The OZ Spirits company was started in 2012 by Johannes Van Leeuwen after he developed the process for creating vodka with zero impurities at Iowa State University.

  • Cuba cracks down on goods in flyers' luggage Sunday, 31 Aug 2014 | 3:54 PM ET

    HAVANA— A carload of burly nephews and grandsons greeted Martha and Alfredo Gonzalez when they stepped out of Havana's international airport into the blazing heat of an August afternoon.