U.S. service sector growth slips in March: ISM survey
NEW YORK (Reuters) – The pace of growth in the U.S. services sector fell in March to its lowest level in three months but exports rose to the highest level in over two years, according to an industry report released on Monday.
Top Herbalife members contacted by law enforcement agencies: CNBC
(Reuters) – U.S. federal law enforcement agencies contacted several top Herbalife Ltd members last week seeking information on their business practices, CNBC reported, citing sources familiar with the matter.
Wall St. opens down after Friday’s jobs data
NEW YORK (Reuters) – U.S. stocks opened lower on Monday after Friday’s surprisingly weak jobs data.
Call made in China for national housing bank to prop up property
BEIJING (Reuters) – China should establish a national housing bank to optimize use of the country’s housing provident funds, which have over 3.7 trillion yuan ($597.45 billion) at their disposal, according to an article written by an official with Mini…
Battered by currency swings, European firms unpick global production model
LONDON (Reuters) – A dramatic fall in the euro has created an opportunity for European manufacturers to enjoy cheap production costs at the bases from which they can supply world markets.
Samsung Electronics shares rise more than 3 percent ahead of guidance
SEOUL (Reuters) – Shares of Samsung Electronics Co Ltd rose more than 3 percent early on Monday ahead of the release of its guidance on first-quarter earnings scheduled for Tuesday.
Asia up after dismal U.S. jobs data, dollar pressured
TOKYO (Reuters) – Asian shares rose and the dollar steadied but remained under pressure on Monday, after a dismal U.S. jobs report led investors to pare bets the U.S. Federal Reserve would hike interest rates anytime soon.
Lagarde welcomes Athens commitment to make IMF loan payment
WASHINGTON (Reuters) – The head of the International Monetary Fund said after talks with the Greek finance minister on Sunday that she welcomed his confirmation that Athens would make a loan payment due to the IMF later this week.
Argentine central bank to send regulators to local Citibank HQ: media
BUENOS AIRES (Reuters) – Argentina’s central bank will send regulators to the headquarters of Citibank Argentina on Monday, the head of the monetary authority has said, the latest move between the bank and the state over defaulted debt.
Holcim looked at HeidelbergCement before Lafarge deal: newspaper
ZURICH (Reuters) – Holcim looked at buying Germany’s HeidelbergCement towards the end of 2013 before agreeing to merge with France’s Lafarge , a Swiss newspaper reported on Sunday, citing two sources.
