(Reuters) - U.S. stocks rallied on Monday after the United States and China put their trade differences "on hold" to work on a wider agreement, while sentiment was also boosted by the nearly $28 billion worth of merger deals.
WASHINGTON (Reuters) - The U.S. Supreme Court delivered a blow to the rights of workers on Monday by allowing companies to require them to sign away their ability to bring class-action claims against management, agreements already in place for about 25 million employees.
PARIS (Reuters) - The French government plans to absorb about 35 billion euros ($41.20 billion) of national railway operator SNCF's debt burden of around 47 billion euros as part of planned reforms to SNCF, French business daily Les Echos said on Monday.
NEW YORK (Reuters) - Shares of U.S. airlines have been depressed by rising oil prices this year, but their descent to relatively cheap levels could position them for takeoff.
(Reuters) - U.S. consumer bible Consumer Reports stopped short of recommending Tesla Inc's Model 3 sedan on Monday, criticising the car for its braking and taking the shine off a day of gains for shares in billionaire Elon Musk's venture.
NEW YORK (Reuters) - Global stock markets climbed on Monday, and the U.S. dollar rallied to a five-month peak while the Japanese yen weakened after the United States and China agreed to halt a trade war between the two countries.
(Reuters) - U.S. regional bank Fifth Third Bancorp has agreed to buy smaller rival MB Financial Inc in a stock-and-cash deal valued at about $4.7 billion, as it looks to expand in Chicago and broaden its middle market customer base.
WASHINGTON (Reuters) - U.S. and Canadian state securities regulators announced Monday they have launched dozens of investigations into cryptocurrency scams.
BEIJING/WASHINGTON (Reuters) - Washington and Beijing both claimed victory on Monday as the world's two largest economies stepped back from the brink of a global trade war and agreed to hold further talks to boost U.S. exports to China.
The conglomerate is offloading its subpar locomotive business by selling part of it to rival Wabtec and handing most of the rest to shareholders. It gets CEO John Flannery's turnaround on track – and gives a hint to how he might shed other divisions.
"Dirty" Russian money hidden in British assets and laundered through City of London financial institutions undermines the government's efforts to take a tougher stance against Moscow's "aggressive foreign policy." That's according to UK lawmakers. Kate King reports.
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