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Updated: 27 min 53 sec ago

Hasbro blames Toys 'R' Us as sales sink

43 min 24 sec ago
(Reuters) - Hasbro Inc reported a 15.7 percent fall in quarterly revenue on Monday, blaming the liquidation of Toys 'R' Us and unsold inventory in Europe.

Volvo Trucks plans to share electric truck battery tech across brands

46 min 36 sec ago
TOKYO (Reuters) - Volvo Trucks plans to share battery technology across its brands to tame development and production costs for the crucial but expensive component, as the world's second-largest truck maker ramps up electric offerings, the company told Reuters on Monday.

Stocks stumble as U.S. yields near the 3 percent barrier

1 hour 8 min ago
LONDON (Reuters) - World stocks slipped on Monday ahead of a blizzard of earnings from the world's biggest firms and as wary investors watched U.S. bond yields approach peaks that have triggered market spasms in the past.

China may backslide on deleveraging if trade war looms

1 hour 17 min ago
BEIJING (Reuters) - China’s efforts to reduce its reliance on debt and find a more sustainable route to grow its economy may be derailed by the simmering trade dispute with the United States, economists warn.

Low profile hedge funds post high returns in year after New York Sohn conference

1 hour 31 min ago
NEW YORK (Reuters) - One of the year's most popular events for fund managers, the Sohn Investment Conference, will be held in New York on Monday, but if history is any guide, some of the industry's lower-profile managers will probably provide the most profitable ideas. 

Libya examines Total-Marathon purchase, casting doubt on deal: sources

2 hours 1 min ago
TUNIS/LONDON (Reuters) - Libya is considering whether to intervene in a $450 million deal that French major Total announced last month to buy a Marathon Oil stake in the country's Waha concessions, several sources familiar with the matter told Reuters.

GM Korea drops bankruptcy vote plan after last-minute wage deal

2 hours 25 min ago
SEOUL (Reuters) - General Motors Co's (GM) South Korean unit dropped a plan for a vote on a bankruptcy filing after reaching a tentative wage deal with its labour union on Monday that helped the U.S. automaker win concessions on pay, bonuses and benefits.

GM Korea reaches tentative wage deal, avoids bankruptcy

2 hours 41 min ago
SEOUL (Reuters) - General Motors Co's South Korean unit on Monday said it has reached a tentative wage deal with its labor union, meeting a key condition laid down by the U.S. automaker to prevent it filing for bankruptcy for the money-losing operation.

World Stocks stumble as U.S. yields near 3 percent

2 hours 47 min ago
LONDON (Reuters) - World stocks slipped on Monday as investors braced for a blizzard of earnings from the world's largest firms, while keeping a wary eye on U.S. bond yields as they approach peaks that have triggered market spasms in the past.

China's HNA Group to remain a 'major investor' in Deutsche Bank: HNA spokesman

3 hours 47 min ago
BEIJING (Reuters) - China's HNA Group [HNAIRC.UL] will remain a "major investor" in Deutsche Bank , the aviation-to-financial services conglomerate said in a statement on Monday, citing a company spokesman.

GM Korea, union reach tentative wage deal

3 hours 59 min ago
SEOUL (Reuters) - General Motors' South Korean unit said that it has reached a tentative wage deal with its labor union on Monday, meeting a key condition laid down by the U.S. automaker to prevent it filing for bankruptcy for the loss-making operation.

Air France KLM shares fall amid more strike disruption

4 hours 6 min ago
PARIS (Reuters) - Air France KLM shares fell on Monday as its Air France division faced further disruption to flights due to workers striking in protest over pay.

German engineering trade body calls for new EU trade deal with U.S.

4 hours 22 min ago
HANOVER, Germany (Reuters) - The head of Germany's engineering trade body on Monday called for a fresh attempt at a free trade agreement between the United States and the European Union in the face of steel and aluminum tariffs announced by U.S. President Donald Trump.

Graphic: The long goodbye to easy money - Five questions for the ECB

4 hours 41 min ago
LONDON (Reuters) - The ECB meets on Thursday against a backdrop of concern about a global trade spat and a softening in euro zone economic data that could potentially hamper the central bank's plans to unwind its extraordinary monetary stimulus.

Asia stocks struggle as U.S. yields near 3 percent; oil stays high

5 hours 9 min ago
SYDNEY (Reuters) - Asian stocks dipped on Monday as investors braced for a bevy of earnings from the world's largest corporations, while keeping a wary eye on U.S. bond yields as they approach peaks that have triggered market spasms in the past.

China fund managers slash ZTE valuation after U.S. sanction

5 hours 32 min ago
SHANGHAI (Reuters) - Chinese funds have slashed valuations of ZTE Corp after the United States banned American companies from selling components to the telecoms equipment maker for seven years, a move ZTE said threatened its very survival.

'People will revolt': workers say Russia must save sanctions-hit Rusal

6 hours 10 min ago
SAYANOGORSK, Russia (Reuters) - Workers at one of Russia's biggest aluminum smelters say their Siberian town is doomed unless Moscow mitigates U.S. sanctions against aluminum giant Rusal, a predicament mirrored across the company's sprawling operations.

U.S. fund managers brace for trade war with focus on pricing power

6 hours 13 min ago
NEW YORK (Reuters) - Investors' fears of an all-out trade war between the United States and China is prompting U.S. stock fund managers to hunt for companies that can easily pass on higher costs to their consumers.

Asia stocks struggle with rising yields; oil stays high

Sun, 04/22/2018 - 10:55pm
SYDNEY (Reuters) - Asian stocks dipped on Monday as investors braced for a bevy of earnings from the world's largest corporations, while keeping a wary eye on U.S. bond yields as they approach peaks that have triggered market spasms in the past.

In Japan, new rules may leave home-sharing industry out in the cold

Sun, 04/22/2018 - 10:10pm
TOKYO (Reuters) - Japan's new home-sharing law was meant to ease a shortage of hotel rooms, bring order to an unregulated market and offer more lodging options for foreign visitors ahead of next year's Rugby World Cup and the 2020 Tokyo Olympics.

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