Morning Wrap: today's top business stories

News stories from around the web.

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Fresh China data point to economic rebound (FT)

Chinese industrial output, investment and retail sales all strengthened in August, the latest evidence of an upswing in growth in the world’s second-biggest economy.

Jaguar Land Rover to create 1,700 UK jobs to build sports cars (Telegraph)

Jaguar Land Rover is to create another 1,700 jobs at its Solihull factory in Birmingham to support a new range of sports and cross-over cars featuring the latest in lightweight aluminium technology.

Glencore Xstrata lifts cost-cutting target to $2bn (FT)

Glencore Xstrata has significantly increased the cost-cutting targets from the largest takeover ever completed in the mining sector.

Twitter makes its largest acquisition (FT)

Twitter has made its largest acquisition to date with the purchase of MoPub, a mobile advertising company, bolstering its ad sales platform as it prepares to go public in coming months.

High Street vacancies still stubbornly high, says report (BBC)

High Street vacancies remain "stubbornly high", according to a report from the Local Data Company.

Its data for Britain showed that the average vacancy rate in the top 650 centres was 14.1 per cent, down just slightly from the previous reading of 14.2 per cent taken in February.