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Monday, July 28, 2014

Business Today: Microsoft says government officials make sudden visits to China offices

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07/28/2014
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
Microsoft says government officials make sudden visits to China offices
BEIJING (Reuters) - Chinese government officials have made sudden visits to Microsoft Corp offices in China, a spokeswoman for the company said on Monday, but declined to give any reason for the inspections.
Nissan aims to boost U.S. sales and profit as it closes on Honda
YOKOHAMA Japan (Reuters) - Nissan Motor Co Ltd aims to boost sales and profitability in the United States, its biggest market, an executive said, after Japan's No.2 automaker posted a 14 percent rise in quarterly U.S. sales, closing in on rival Honda Motor Co .
Lloyds Banking Group to pay $370 million Libor rigging fines
LONDON (Reuters) - Britain's Lloyds Banking Group has agreed to pay fines totaling $370 million to U.S. and British authorities investigating its part in a global interest rate rigging scandal and manipulating fees for a government lending scheme.
Futures flat with S&P 500 near record levels
NEW YORK (Reuters) - U.S. stock index futures were little changed on Monday as investors looked ahead to the latest economic data and corporate earnings to give direction to a market near record levels.
Dollar Tree to buy Family Dollar for $8.5 billion
(Reuters) - Discount store chain Dollar Tree Inc said it would buy rival Family Dollar Stores Inc for about $8.5 billion, creating North America's biggest discount retailer.
Argentina says sending officials to New York debt talks on Monday
BUENOS AIRES (Reuters) - Argentina will send a negotiation team to New York on Monday for further talks with a U.S. court-appointed mediator in its debt dispute with "holdout" investors, cabinet chief Jorge Capitanich said, with just three days left to avert a default.
Europe nervy as Russian assets hit by new sanctions talk
LONDON (Reuters) - The euro was stuck near its lowest level since November and Russian markets tumbled for a third straight day on Monday as new European sanctions for Moscow chilled the already frosty relationship between the two.
Tyson to sell Mexican, Brazilian poultry businesses to JBS
(Reuters) - Tyson Foods Inc , the biggest U.S. meat processor, said it would sell its Mexican and Brazilian poultry businesses to JBS SA , the world's No. 1 meat producer, for $575 million.
Pfizer's need for deal looms larger with earnings report
NEW YORK (Reuters) - Pfizer Inc's vulnerability to cheaper generics and its weak roster of experimental medicines will be on display Tuesday when the company reports quarterly earnings, reviving interest in its pursuit of AstraZeneca Plc or other deals to fortify its pipeline.
Hague court orders Russia to pay over $50 billion in Yukos case
MOSCOW/LONDON/AMSTERDAM (Reuters) - The Hague's arbitration court ruled on Monday that Russia must pay a group of shareholders in oil giant Yukos $51.6 billion for expropriating its assets, a big hit for a country teetering on the brink of recession.
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