Herbalife cuts sales outlook, shares slide 10.5 percent

(Reuters) – Herbalife Ltd, a maker of weight-loss and nutritional products, cut its sales outlook for the year after raising it three months earlier, sending its shares down 10.5 percent in extended trading.

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Herbalife cuts sales outlook, shares slide 10.5 percent

Wall Street yawns as deal news offsets data; Herbalife sinks

NEW YORK (Reuters) – Stocks ended nearly flat on Monday as the latest deal news offset losses following discouraging data on the housing market and some signs of weakness in the services sector.



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Wall Street yawns as deal news offsets data; Herbalife sinks

With PlayStation network, Sony goes back to the future in search of revival

TOKYO (Reuters) – Japan’s Sony Corp is hammering out plans to rise from the ashes of nearly $10 billion lost in six years by building a future around its last consumer electronics blockbuster – the PlayStation.

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With PlayStation network, Sony goes back to the future in search of revival

Court orders Russia to pay $50 billion for seizing Yukos assets

MOSCOW/LONDON/AMSTERDAM (Reuters) – An international arbitration court ruled on Monday that Russia must pay $50 billion for expropriating the assets of Yukos, the former oil giant whose ex-owner Mikhail Khodorkovsky fell foul of the Kremlin.



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Court orders Russia to pay $50 billion for seizing Yukos assets

Panasonic, Tesla reach agreement on U.S. battery plant: Nikkei

(Reuters) – Panasonic Corp has reached a basic agreement with Tesla Motors Inc to initially supply the electric car maker’s proposed lithium-ion battery plant with machinery to make battery cells, the Nikkei said.

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Panasonic, Tesla reach agreement on U.S. battery plant: Nikkei

Gas prices continue to slide as U.S. oil refinery production nears peak high

Plants are taking advantage of the U.S. shale boom, which has raised oil production 65 percent in the past five years

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Gas prices continue to slide as U.S. oil refinery production nears peak high

Exclusive: GM moves next version of big pickups ahead by nine months – sources

DETROIT (Reuters) – General Motors Co has pushed forward the launch of its next-generation full-size pickups by about nine months to fall 2018, hoping to narrow rival Ford Motor Co’s still-sizable lead in meeting future U.S. fuel-economy standards, supplier sources said on Monday.



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Exclusive: GM moves next version of big pickups ahead by nine months – sources

Argentina to hold last-gasp debt talks with mediator Tuesday

BUENOS AIRES/NEW YORK (Reuters) – Argentina on Tuesday will meet the U.S. mediator in its battle with ‘holdout’ debt investors suing the country for last-minute talks to avert its second default this century.

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Argentina to hold last-gasp debt talks with mediator Tuesday

Wall Street dips as housing data disappoints

NEW YORK (Reuters) – U.S. stocks slipped on Monday as weak data on the housing market and services sector gave the latest indications that economic conditions were getting worse, taking the S&P 500 below a key support level.



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Wall Street dips as housing data disappoints

Lloyds not off hook yet after $370 million Libor fines

LONDON (Reuters) – Lloyds Banking Group could face further punishment after agreeing to pay fines totaling $370 million for its part in a global interest rate rigging scandal and for attempting to manipulate fees for a government lending scheme to help banks.



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Lloyds not off hook yet after $370 million Libor fines

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