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Gold dips as German election result knocks euro

LONDON (Reuters) - Gold fell on Monday as the prospect of a fractured parliament in Germany after Chancellor Angela Merkel's less than resounding election victory knocked the euro lower. ...more
2017-09-26   22:30:04 IST

Deloitte hit by cyber attack, says 'very few' clients impacted

LONDON (Reuters) - Global accountancy firm Deloitte said on Monday it had reviewed its systems following a cyber attack which it said had affected a small number of its clients. ...more
2017-09-26   22:30:04 IST

Wall Street lower as technology stocks drag

REUTERS - A selloff in technology stocks, led by Facebook and Apple, drove down major Wall Street indexes on Monday. ...more
2017-09-26   22:30:04 IST

ECB's Draghi growing confident about inflation rebound

BRUSSELS (Reuters) - The European Central Bank is growing increasingly confident that inflation will rise back to its target but patience is still needed, ECB President Mario Draghi said on Monday. ...more
2017-09-26   22:30:04 IST

Siemens likely to pick Alstom for rail merger: sources

MUNICH/FRANKFURT (Reuters) - German industrial group Siemens is likely to decide on Tuesday to pursue a multibillion-dollar rail merger with French rival Alstom rather than Canada's Bombardier, two sources familiar with the matter told Reuters. ...more
2017-09-26   22:30:04 IST

Apple set to weigh on Wall Street; Fed speakers in focus

REUTERS - U.S. stocks were set to open slightly lower on Monday, weighed down by a drop in Apple shares and heightened expectations of another interest rate hike this year following comments from a Federal Reserve official. ...more
2017-09-26   20:31:02 IST

Dudley sees Fed rate hikes; inflation weakness 'fading'

SYRACUSE, N.Y. (Reuters) - The Federal Reserve is on track to gradually raise interest rates given the recent inflation weakness is fading and the U.S. economy's fundamentals are sound, an influential Fed policymaker said on Monday, reinforcing the central bank's confident tone. ...more
2017-09-26   20:31:02 IST

HPCL makes its first U.S. oil purchase: chairman

NEW DELHI (Reuters) - Indian state refiner Hindustan Petroleum Corp has made its first purchase of U.S. oil, buying high sulphur crude Mars in a tender, company chairman M. K. Surana said on Monday. ...more
2017-09-26   20:31:02 IST

Unilever steps up beauty push with $2.7 billion Carver Korea deal

SEOUL/LONDON (Reuters) - Unilever has agreed to pay 2.27 billion euros ($2.71 billion) to buy fast-growing cosmetics company Carver Korea in its latest move to build a global beauty business. ...more
2017-09-26   20:31:02 IST

Global Markets: Euro, bond yields drop as Germany's Merkel holds on

LONDON (Reuters) - The euro and European government bond yields slipped on Monday after the bloc's most powerful leader, German Chancellor Angela Merkel, won a fourth term but faced a fractured parliament as support for the far right surged. ...more
2017-09-26   18:37:02 IST

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