Global shares follow oil down after Doha disappointment
LONDON (Reuters) – A dive in oil prices sent stock markets lower on Monday after producers meeting in Qatar failed to agree on a plan to curb global supply, quashing the more optimistic tone that had prevailed for much of the past week.
Disney princesses, Star Wars propel Hasbro results
(Reuters) – Hasbro Inc , the No. 2 U.S. toymaker, reported better-than-expected quarterly profit and revenue, driven by strong demand for “Star Wars” action figures and the addition of Disney Princess dolls to its basket of toys.
Few signs of relief for troubled U.S. apparel retailers
SAN FRANCISCO (Reuters) – It’s shaping up to be another tough year at the mall.
Exclusive: Chevron seeks buyers for Myanmar gas assets worth $1.3 billion – sources
HONG KONG/SINGAPORE (Reuters) – U.S. oil and gas major Chevron Corp has put its Myanmar gas block stakes worth an estimated $1.3 billion up for sale, banking sources familiar with the matter said, in what would mark the biggest M&A transaction involving the country’s assets.
Trade in fake goods has worsened to almost half a trillion dollars: OECD
PARIS (Reuters) – Counterfeited and pirated goods accounted for up to 2.5 percent of world trade, or as much as $461 billion, significantly damaging companies and state coffers, the Organisation for Economic Cooperation and Development (OECD) said on M…
Airbus targets 700 commercial airplane orders this year: sources
PARIS (Reuters) – Airbus has told aircraft industry experts that it expects to win 700 orders this year, industry sources said.
China growth hopes reduce urgency of more stimulus steps, policy advisers say
BEIJING (Reuters) – China’s leaders sound more confident that the world’s second-largest economy has arrested a slide in growth to quarter-century lows, but their policy advisers caution it is too early to call an end to a cycle of easing that began in…
EU’s antitrust chief looking closely at Google’s Android
AMSTERDAM (Reuters) – The European Union antitrust chief, who has already charged Google with favoring its own shopping service in internet searches, said on Monday that she was now examining its deals with phone makers and operators.
Arrium administrator and Morgan Stanley agree to work on $75 mln debt
SYDNEY (Reuters) – The administrator for troubled Australian steel and iron ore group Arrium Ltd said it had agreed to work toward a “constructive” outcome with Morgan Stanley after the investment bank took legal steps to call in a three-year-old debt….
BHP CEO Mackenzie says Brexit would lead to lost decade of damaging uncertainty
LONDON (Reuters) – BHP Billiton Chief Executive Andrew Mackenzie said on Monday that businesses could face a decade of damaging uncertainty if Britain voted to leave the European Union in a June 23 referendum.
