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Wall St. to open lower on Trump's healthcare bill setback

Wall Street was set to open lower on Monday after the defeat of President Donald Trump's healthcare reform bill cast doubts over his ability to deliver on his agenda of tax cuts and simpler regulations. | Video

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London's reputation slips on Brexit but European rivals lag: survey

FRANKFURT London has seen its standing as a financial center slip as Britain prepares to trigger its departure from the European Union, according to a survey released on Monday, although rival European cities still lag far behind.

9:15am EDT

Plateau in U.S. auto sales heightens risk for lenders: Moody's

DETROIT As U.S. auto sales have peaked, competition to finance car loans is set to intensify and drive increased credit risk for auto lenders, Moody's Investors Service said in a report released on Monday.

8:48am EDT

Morgan Stanley ups European earnings forecasts, says financials in 'sweet spot'

LONDON A stronger-than-anticipated economic recovery, the return of inflation and the region's financial sector in a "sweet spot" has spurred Morgan Stanley to lift its earnings forecasts and targets for European benchmark indexes.

4:15am EDT

China state firms eye land around Panama Canal: waterway authority

SHANGHAI Chinese state firms have expressed an interest to develop land around the Panama Canal, the chief executive of the vital trade thoroughfare said, underlining China's outward push into infrastructure via railways and ports around the world.

7:51am EDT

Hyundai suspends China plant for a week amid diplomatic stand-off

SEOUL South Korea's Hyundai Motor on Monday said it had suspended production at one of its Chinese factories for a week, fuelling concern that a diplomatic standoff may be hurting sales in the automaker's top market.

3:24am EDT

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