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Wall Street slid 1 percent on Monday, weighed down by retailers and health stocks and after DoubleLine's Jeffrey Gundlach said U.S. equities are in a long-term bear market and that the Federal Reserve should not raise rates this week.
Dubai's DP World has approached an Indian court to quash an antitrust investigation recently ordered into its alleged anti-competitive behaviour at the country's largest container port in Mumbai, a legal document reviewed by Reuters showed.
A group of creditors has demanded payment on $1.5 billion in defaulted Venezuelan bond, their lawyer said on Monday, kicking off a long-awaited showdown between creditors and the crisis-wracked OPEC nation.
Goldman Sachs Group Inc, Morgan Stanley and Bank of America Merrill Lynch are regaining clout in Latin America's largest economy as Brazilian companies opt to list shares in New York instead of on their local exchanges, Refinitiv data shows.
Just two days before the Federal Reserve is expected to raise interest rates for a fourth time this year, U.S. President Donald Trump and his top trade adviser on Monday ratcheted up their criticism of the central bank's monetary tightening.
Wall Street dropped on Monday, but recovered from a slide of over 1 percent, weighed down by an Amazon-led drop in retailers and weakness in health stocks, with gains in banks ahead of a widely expected rate hike limiting losses.
The new leader of the state of Madhya Pradesh is to waive up to $5.3 billion of farm loans, becoming the latest area to offer relief ahead of a national election next year as farmers reel from losses caused by falling crop prices.
Prime Minister Theresa May said on Monday she would bring her Brexit deal back to parliament for a vote in mid-January, pledging to get assurances from the European Union to break the deadlock over Britain's departure from the bloc.
White House trade adviser Peter Navarro said on Monday that the Federal Reserve should not raise interest rates on Wednesday because the U.S. economy is growing without inflation, and the central bank's monetary policy should be more data-dependent.
Shares of Johnson & Johnson slipped another 2 percent on Monday, extending losses following Friday's Reuters report that the healthcare conglomerate knew for decades that cancer-causing asbestos lurked in its Baby Powder.
Britain's main opposition Labour Party will call for a no confidence vote in Theresa May on Monday, a largely symbolic move to step up pressure on a prime minister facing deadlock in parliament over her Brexit deal.
Wall Street slid 1 percent on Monday, led by healthcare stocks after a federal ruling that Obamacare was unconstitutional, with the decline in the market-leading sector further unnerving investors already concerned about slowing global growth.
India's Reliance, operator of the world's biggest refining complex, and top oil exporter Saudi Arabia will explore joint investments in refining and petrochemicals in the two countries, Saudi Arabian Energy Minister Khalid al-Falih said.
Dubai's DP World has approached an Indian court to quash an antitrust investigation recently ordered to probe its alleged anti-competitive behaviour at the country's largest container port in Mumbai, a legal document reviewed by Reuters showed.