| | Stocks, euro dip as Macron win shifts focus to economy | | LONDON (Reuters) - European stocks and the euro pulled back on Monday from highs touched after Emmanuel Macron's emphatic but well-flagged victory in France's presidential election as investors' focus shifted from politics to monetary policy. |
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| | Euro reverses post-French election gains | | LONDON (Reuters) - The euro retreated on Monday from highs hit on centrist Emmanuel Macron's victory in France's presidential election, with investors taking profit on a roughly 3 percent gain for the currency since he won the first round two weeks ago. |
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| | Akzo Nobel declines third takeover proposal from PPG | | AMSTERDAM (Reuters) - Dutch paint maker Akzo Nobel on Monday rejected a third takeover proposal from larger U.S. rival PPG Industries , valued at 26.9 billion euros ($29.51 billion), saying it undervalues the company, faces antitrust risks, and does not address other concerns such as "cultural differences." |
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| | Oil rises on prospect that output cut could extend beyond 2017 | | SINGAPORE (Reuters) - Oil prices rose on Monday as Saudi Arabia's energy minister said an OPEC-led production cut scheduled to end in June would likely be extended to cover all of the year, or even into 2018, although another increase in U.S. drilling capped gains. |
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| | Reporters barred from Kushner Companies' event in China | | SHANGHAI (Reuters) - Organizers barred journalists on Sunday from a publicly advertised event in Shanghai that offered Chinese investors the chance to get U.S. immigrant visas if they put money in a real estate project linked to the family of President Donald Trump's son-in-law. |
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| | Brimming U.S. oil storage tanks to feel OPEC cuts last | | NEW YORK (Reuters) - The energy industry scrutinizes U.S. oil stockpile data every week for evidence that OPEC supply cuts are ending a global crude glut, but growing domestic output means the world's largest oil consumer may be the last place to feel the cuts. |
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| | Comcast launches new WiFi service as connected devices grow | | NEW YORK (Reuters) - Comcast Corp launched a new cloud-based service on Monday that allows users to control and monitor their Wi-Fi usage as the largest cable provider in the U.S. looks for ways to boost consumer loyalty in its broadband business. |
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| | Australia to hold new inquiry into 'Big Four' banks | | CANBERRA (Reuters) - Australia will hold an inquiry into competition in the country's financial system, following a series of scandals in the banking sector and public allegations against the "Big Four" banks of abuse of market power. |
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| | Comcast, Charter to announce wireless partnership on Monday: source | | (Reuters) - Comcast Corp and Charter Communications Inc will announce a wireless partnership on Monday, according to a source familiar with the matter, as the cable providers prepare to enter a highly competitive and oversaturated market for mobile service in the United States. |
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