TOP STORIES 
 
AB INBEV WINS OVER SABMILLER, VALUING IT AT $104.2 BILLION 

After weeks of back and forth, SABMiller's board has agreed on key terms of a sweetened takeover proposal by Anheuser-Busch InBev, setting the stage for the creation of a brewing behemoth.

GE TO SELL COMMERCIAL LENDING, LEASING BUSINESSES TO WELLS FARGO 

GE agreed to sell its commercial lending and leasing business-the largest remaining chunk of its U.S. financial services operations-to Wells Fargo.

U.S. STOCKS SLIGHTLY HIGHER DESPITE POOR CHINA TRADE DATA 

U.S. stocks drifted higher on Tuesday as investors looked past the latest evidence that China's economy is slowing. Opening declines in the U.S. tracked losses in Europe and Asia, but then they diverged.

TWITTER TO CUT UP TO 8% OF WORKFORCE 

Twitter will slash up to 336 jobs, or 8% of its global workforce, marking the first mass layoff in the company's nine-year history as it tries to refocus its priorities under its new chief executive.

CHINA GROWTH IN FOCUS AS EXPORTS AND IMPORTS FALL 

China's exports and imports fell in September and some economists say the data offered a further indication that third-quarter growth figures will fall below Beijing's full-year target.

FOREX HEADWINDS HIT JNJ PROFIT 

Johnson & Johnson said profit dropped in its latest quarter as adverse exchange rates hit revenue and as the health-care giant's hepatitis C treatment continues to face competition.

RIO BOSS SAM WALSH SAYS NO INTEREST IN BIDDING FOR GLENCORE 

Rio Tinto PLC Chief Executive Sam Walsh said he isn't interested in making a bid for Glencore PLC despite the sharp decline in the embattled Swiss miner's stock in the past few months.

AT BARCLAYS, JES STALEY WOULD FACE DELICATE BALANCING ACT 

U.S. banker James Staley is likely to land at Barclays PLC with a delicate balancing act to pull off: fine-tune its investment bank while squeezing profits out of the retail arm.

IEA SEES OIL MARKET REMAINING OVERSUPPLIED NEXT YEAR 

The world's oil markets will likely remain oversupplied next year, as demand growth slows amid an expected return of Iranian oil, a top energy forecaster said.

EU DIGITAL CHIEF SIGNALS TOUGH STANCE ON TELECOM MERGERS 

A wave of mergers in Europe's fragmented telecom industry won't necessarily boost investment and should be closely scrutinized, the European Union's digital chief Andrus Ansip said Tuesday.

BULLARD CONCERNED ULTRA-LOW RATES WILL PROMOTE MARKET EXCESSES 

Federal Reserve Bank of St. Louis President James Bullard said Tuesday he worries zero-level interest rates will foster excesses in financial markets, adding the main problem the U.S. economy has faced over the past two decades is asset prices "getting out of hand and collapsing." WSJ PRO

IRAN'S PARLIAMENT APPROVES NUCLEAR DEAL 

By a vote of 161-59, with 13 abstentions, parliament approved a bill supporting the agreement, said the official Islamic Republic News Agency.

XEROX EXPECTS FIRST QUARTERLY LOSS SINCE 2010 

Xerox expects a loss in its latest quarter, which would be its first time in the red since 2010, as it will take a $385 million pretax charge linked to interrupted government health care projects in California and Montana.

VW TO USE COSTLIER DIESEL SYSTEM 

Volkswagen's iconic VW brand has unveiled a package of cost-cuts and sweeping changes to its model and diesel strategy in the wake of an emissions scandal that has gripped the company.

GERMAN ECONOMY HURT BY VOLKSWAGEN SCANDAL 

Survey suggest the German economy weakened in October as the Volkswagen emissions scandal and uncertainty in emerging markets dampened sentiment in Europe's biggest economy. - WSJ PRO

ENTERGY PLANS TO SHUT DOWN PILGRIM NUCLEAR PLANT BY JUNE 2019 

Entergy Corp. said it plans to shut down the Pilgrim nuclear power plant in Massachusetts by June 2019, citing poor market conditions, lower revenue and higher operating costs.

CHINA CAR SALES REGAIN GROWTH AFTER THREE-MONTH SLUMP 

China's car market managed a mild recovery from a three-month decline as the stock market steadied in September, with passenger-car sales up 3.3% from a year earlier.

UNDER ARMOUR'S CFO AND COO TO RESIGN 

Under Armour Inc. on Tuesday said Brad Dickerson, the sports-equipment company's chief operating officer and chief financial officer, will step down in February.

CARNIVAL CORP. DOUBLES LINES IN CHINA 

Carnival Corp. is doubling its cruise lines in China, betting that tourism will grow even as the economy slows.

TATA CONSULTANCY PROFIT ROSE 14.5% 

India's Tata Consultancy Services reported a 14.5% rise in its fiscal second-quarter net profit, driven by strong demand from North America and the U.K.

 
 
 
  ======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES ======= 
 
 
Politics and Policy 
STARTING WITH DEBATE, CLINTON SEEKS TO SECURE FRONT-RUNNER STATUS 
 

The next few weeks look to be the toughest phase of Hillary Clinton's presidential campaign, posing a series of tests that will answer whether she can win back the confidence of voters.

 
World News 
INVESTIGATORS SAY MH17 DOWNED BY RUSSIAN-MADE MISSILE 
 

Investigators probing the downing of Malaysia Airlines Flight 17 have concluded that a sophisticated, Russian-made antiaircraft missile struck the Boeing Co. 777 jetliner causing it to break apart in midair.

(END) Dow Jones Newswires

October 13, 2015 11:55 ET (15:55 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.