Union leaders and oil companies were unable to agree on a new labor accord on Saturday for workers at 63 U.S. refineries.
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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