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China's Singles Day breaks online sales records

China's Singles Day - an event promoted by the e-commerce giant Alibaba - has broken online retail records for a single day's sales. Sales surpassed $10 billion after just over 12 hours, more than Black Thursday and Cyber Monday put together. We look at what the spending spree means for Alibaba. Also today: brewing giants AB Inbev and SAB Miller formally agree a takeover deal.

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