Today's Top Story
U.S. plans limits on Chinese investment in U.S. technology firms
WASHINGTON (Reuters) - The U.S. Treasury Department is drafting curbs that would block firms with at least 25 percent Chinese ownership from buying U.S. companies with "industrially significant technology," a government official briefed on the matter said on Sunday. Read More
Business News
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Asian shares slip on trade worries, oil gives up some gains
TOKYO (Reuters) - Asian shares fell on Monday on escalating trade tensions between the United States and major economies while oil prices gave up some of their hefty gains made after major oil producers agreed to a modest increase in production.
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Oil falls on OPEC's deal to raise output, but markets to remain tight
SINGAPORE (Reuters) - Brent crude oil prices fell over 1.5 percent on Monday as traders factored in an expected output increase that was agreed at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna on Friday.
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Uber battles to keep London license in court appeal
LONDON (Reuters) - Uber goes to court on Monday to overturn a decision stripping it of its license in London after being ruled unfit to run a taxi service in its most important European market.
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Economic News
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Asian shares slip on trade worries, oil gives up some gains
TOKYO (Reuters) - Asian shares fell on Monday on escalating trade tensions between the United States and major economies while oil prices gave up some of their hefty gains made after major oil producers agreed to a modest increase in production.
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Oil falls on OPEC's deal to raise output, but markets to remain tight
SINGAPORE (Reuters) - Brent crude oil prices fell over 1.5 percent on Monday as traders factored in an expected output increase that was agreed at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna on Friday.
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China Vice Premier Liu says China, E.U. aim to conclude talks on bilateral investment deal
BEIJING (Reuters) - China and the European Union aim to conclude talks on a bilateral investment agreement, Chinese Vice Premier Liu He said on Monday, as both sides agreed to oppose protectionism and defend the global multilateral trading system.
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Money News
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Waiting for Peter Thiel: big tech directors miss shareholder meetings
BOSTON (Reuters) - Some small investors who want to give a piece of their minds to big tech company directors are losing their only chance: many board members are skipping annual shareholder meetings. Companies that hold meetings online have some of the worst records for attendance.
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Largest banks clear U.S. Fed's toughest annual stress tests
WASHINGTON (Reuters) - The 35 largest U.S. banks are poised to put more money toward dividends, share buybacks and business investments, after clearing the first stage of an annual regulatory stress test on Thursday, showing they have enough capital to withstand an extreme recession.
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Companies need older workers: here is why
CHICAGO (Reuters) - The demographic trend is no secret: the populations of the United States and other major industrial countries are getting older, and fast. That means workforces are aging too, but employers are doing surprisingly little to prepare to meet the challenges or adapt to employees' needs.
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