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Monday, May 27, 2013

Daily Investor Briefing: U.S. urges garment buyers to stay...

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05/27/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
U.S. urges garment buyers to stay engaged with Bangladesh
DHAKA (Reuters) - International garment buyers, particularly those in the United States, have a crucial role to play in ensuring the safety of Bangladesh's garment workers, a senior government official said on Monday.
Drugmaker Valeant to buy Bausch & Lomb for $8.7 billion
TORONTO/WINNIPEG, Manitoba (Reuters) - Valeant Pharmaceuticals International said on Monday it agreed to buy Bausch & Lomb Holdings Inc from Warburg Pincus LLC for $8.7 billion, a cash deal set to vault the Canadian company into the upper ranks of the global pharmaceutical sector.
The new tech palaces: visionary HQs, or cursed trophies?
SEATTLE/SAN FRANCISCO (Reuters) - While much of corporate America is retrenching on the real estate front, the four most influential technology companies in America are each planning headquarters that could win a Pritzker Architecture Prize for hubris.
Hotel builder, philanthropist John Hammons dies
(Reuters) - John Q. Hammons, a real estate developer who built a hotel empire and became a leading philanthropist in his native Missouri, has died at age 94, his company said.
European stocks claw back ground as markets steady
LONDON (Reuters) - European stocks, bonds and the dollar traded more calmly on Monday after last week's turbulence, though another 3 percent dive in Japan's main share index kept investors on edge.
EADS to continue to work with Germany on scrapped drone deal
FRANKFURT/BERLIN (Reuters) - European aerospace and defence group EADS and partner Northrop Grumman say they will continue to work with the German government on a drone project that Berlin canceled earlier this month.
EU quizzes telcos on Apple sales tactics against rivals
BRUSSELS (Reuters) - EU antitrust regulators are seeking information whether Apple's iPhone distribution deals with mobile telecoms operators may be aimed at shutting out rival smartphones makers, in a move which could lead to a formal investigation into Apple.
S&P says France must deliver promised budget cuts to protect rating
PARIS (Reuters) - France needs to deliver promised budget cuts if it wants to avoid a further credit rating downgrade, Standard & Poor's lead analyst for France told Reuters on Monday.
Pressure growing for ownership change at ILVA steel plant
ROME (Reuters) - Italy's government on Monday met with the board of ILVA, the steel group mired in a growing environmental and corruption scandal, as pressure mounted for a change in the ownership structure of Europe's largest steel plant.
EU duties on Chinese solar panels losing member state support
BRUSSELS (Reuters) - A majority of EU governments oppose a plan to impose hefty duties on solar panel imports from China, a survey of member states showed on Monday, undermining efforts by Brussels to pressure Beijing over its trade practices.
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