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Italian banks sink on early election worries

LONDON Concern over Italy's banks and Britain's national election dominated holiday-thinned European financial markets on Monday, pushing stock markets lower after Asian share indices fell back off two-year highs.

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RBS investor group accepts offer to end lawsuit over 2008 cash call

LONDON A group representing Royal Bank of Scotland investors has accepted an out-of-court deal to settle a lawsuit that aimed to call disgraced former CEO Fred Goodwin to account over a 12 billion pound ($15 billion) cash call in 2008.

9:47am EDT

U.S. companies no longer know rules of game under Trump, Hasbro director says

CASCAIS, Portugal Confusion surrounding the trade policies of U.S. President Donald Trump's administration means U.S. companies no longer know the rules of the game, a board member and former CEO of toymaker Hasbro told an international conference on Monday.

12:29pm EDT

Akzo Nobel wins court case against dissident shareholders

AMSTERDAM A Dutch court on Monday rejected a request by Akzo Nobel investors for it to take immediate action against the company over its rejection of a takeover bid by U.S. rival PPG Industries , handing the Dutch company a victory in its efforts to repel the U.S. firm's 25 billion-euro ($28 billion) proposed offer.

1:24pm EDT

Japan Tobacco plans to quadruple smokeless tobacco output capacity by 2018: CEO

TOKYO Japan Tobacco Inc plans to spend $500 million to quadruple its smokeless tobacco production capacity by the end of 2018, as it races against bigger rival Philip Morris for a larger share of the Japanese vaping products market.

7:11am EDT

China's slam dunk 'sharing economy' booms, but can it last?

BEIJING Fancy shooting some hoops, but don't have a basketball? Caught in the rain with no umbrella? Smartphone run out of juice?

5:13am EDT

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