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Updated: 34 min 18 sec ago

Tyson to sell Mexican, Brazilian poultry businesses to JBS

43 min 36 sec ago
(Reuters) - Tyson Foods Inc , the biggest U.S. meat processor, said it would sell its Mexican and Brazilian poultry businesses to JBS SA , the world's No. 1 meat producer, for $575 million.






Hague court orders Russia to pay over $50 billion in Yukos case

48 min 46 sec ago
MOSCOW/LONDON/AMSTERDAM (Reuters) - The Hague's arbitration court ruled on Monday that Russia must pay a group of shareholders in oil giant Yukos $51.6 billion for expropriating its assets, a big hit for a country teetering on the brink of recession.






Futures flat with S&P 500 near record levels

1 hour 6 sec ago
NEW YORK (Reuters) - U.S. stock index futures were little changed on Monday as investors looked ahead to the latest economic data and corporate earnings to give direction to a market near record levels.

Microsoft says government officials make sudden visits to China offices

1 hour 7 min ago
BEIJING (Reuters) - Chinese government officials have made sudden visits to Microsoft Corp offices in China, a spokeswoman for the company said on Monday, but declined to give any reason for the inspections.

Dollar Tree to buy Family Dollar for $8.5 billion

1 hour 10 min ago
(Reuters) - Discount store chain Dollar Tree Inc offered to buy rival Family Dollar Stores Inc for about $8.5 billion, in a deal the companies said would create North America's leading discount retailer.






Nissan aims to boost U.S. sales and profit as it closes on Honda

1 hour 48 min ago
YOKOHAMA Japan (Reuters) - Nissan Motor Co Ltd aims to boost sales and profitability in the United States, its biggest market, an executive said, after Japan's No.2 automaker posted a 14 percent rise in quarterly U.S. sales, closing in on rival Honda Motor Co .






GM Korea reaches tentative wage deal, averting strike

2 hours 18 min ago
SEOUL (Reuters) - General Motors' South Korean unit reached a tentative wage deal with its labor union on Monday, averting a potential strike at one of its key Asian production bases.

Nissan expects Takata to pay all costs related to air bag recall: executive

2 hours 40 min ago
TOKYO (Reuters) - Nissan Motor Co Ltd expects Takata Corp to pay back to the automaker all costs related to the recent air bag recall, Corporate Vice President Joji Tagawa said.






Amazon to open five new warehouses in India

2 hours 43 min ago
MUMBAI (Reuters) - Amazon.com Inc's Indian unit will open five new warehouses in the country, which will almost double its storage capacity to half a million square feet, the company said in a statement on Monday.

Commerzbank deepens job cuts in toughened savings plan: sources

2 hours 48 min ago
FRANKFURT (Reuters) - Commerzbank, Germany's second-biggest bank, is widening the scope of its savings program and plans to shed more than 450 jobs on top of an ongoing restructuring plan, three people familiar with the matter said.






Drought hits China food production: Xinhua

3 hours 49 min ago
BEIJING (Reuters) - Severe drought and scorching heat has damaged over a million hectares of farmland in China's Henan and Inner Mongolia provinces, with no immediate relief in sight, state news agency Xinhua reported.

Europe subdued, Russia shares tumble on new sanctions

3 hours 53 min ago
LONDON (Reuters) - The euro was stuck near its lowest level since November and Russian shares tumbled for a third straight day on Monday as new European sanctions for Moscow chilled the already frosty relationship between the two.






Pfizer's need for deal looms larger with earnings report

6 hours 42 min ago
NEW YORK (Reuters) - Pfizer Inc's vulnerability to cheaper generics and its weak roster of experimental medicines will be on display Tuesday when the company reports quarterly earnings, reviving interest in its pursuit of AstraZeneca Plc or other deals to fortify its pipeline.

China condemns U.S. anti-dumping duties on solar imports

7 hours 25 min ago
BEIJING (Reuters) - China's Commerce Ministry castigated the United States on Monday for setting new import duties on Chinese solar products, saying Washington's actions risked damaging the industry in both countries.






Obama could curb corporate 'inversions' on his own: ex-U.S. official

7 hours 54 min ago
WASHINGTON (Reuters) - President Barack Obama could act without congressional approval to limit a key incentive for U.S. corporations to move their tax domiciles abroad in so-called "inversion" deals, a former senior U.S. Treasury Department official said on Monday.






Sankaty to buy JPMorgan debt portfolio for $1 billion: FT

Sun, 07/27/2014 - 23:14
(Reuters) - Bain Capital's credit arm, Sankaty Advisors, is buying the debt portfolio of JPMorgan's principal investment group for more than $1 billion, the Financial Times reported.

JD.com to sell Microsoft's Xbox One games console in China

Sun, 07/27/2014 - 22:41
BEIJING (Reuters) - JD.com Inc, China's second-biggest e-commerce company by market share, will accept pre-orders for Microsoft Corp's Xbox One games console in China from July 28 to July 30, the firm said on Monday.






JP Morgan questioned on private bank impropriety: WSJ

Sun, 07/27/2014 - 21:06
(Reuters) - JPMorgan Chase & Co executives have faced regulators' questions on whether private bank advisors guide clients to buy the firm's own financial products, according to a report in the Wall Street Journal.

Hague court to order Russia to pay $50 billion in Yukos case: report

Sun, 07/27/2014 - 19:39
(Reuters) - The Permanent Court of Arbitration in The Hague will on Monday announce that Russia must pay $50 billion to former shareholders of the defunct oil company Yukos, Russian business daily Kommersant reported on its website, citing unnamed sources.

No meeting scheduled on Monday between Argentina and court mediator

Sun, 07/27/2014 - 11:57
BUENOS AIRES (Reuters) - Argentina does not have a meeting scheduled for Monday with a court-appointed mediator in New York in its debt dispute with creditors but talks continue, a government source said on Sunday, as the country looks to avoid a possible debt default next Thursday.