Union negotiators rejected the latest offer from oil companies covering workers at 63 U.S. refineries on Saturday, hours before a strike deadline.
Activity in China's factory sector contracted in January, an official survey showed, a far worse result than expected.
U.S. regulators moved to recall 2.1 million older vehicles to repair airbag defects.
Panasonic Corp has stopped making TVs in China and plans to liquidate its joint venture in Shandong, a company source said on Saturday.
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