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French election relief sends Europe soaring

LONDON Euro zone stocks headed for their best day in almost two years on Monday and the euro briefly vaulted to five-month peaks, after the market's favored candidate won the first round of the French election, reducing the risk of another Brexit-like shock.

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Congress returns as Trump pressures Democrats ahead of funding deadline

WASHINGTON With a deadline looming this week to avert a U.S. government shutdown, Congress returns to work on Monday as President Donald Trump leans on Democrats to include funding for his promised border wall with Mexico in spending legislation.

Oil recovers some ground, rise in U.S. drilling caps gains

LONDON Oil prices recovered some lost ground on Monday after big losses last week, driven by expectations that OPEC will extend output cuts till the end of 2017, although a relentless rise in U.S. drilling capped gains.

5:42am EDT

CEO to go after LafargeHolcim admits paying Syrian groups

ZURICH LafargeHolcim Chief Executive Eric Olsen will leave the company in July after the world's largest cement maker admitted on Monday it had paid armed groups to keep a factory operating in war-ravaged Syria.

6:41am EDT

Chevron to sell Bangladesh gas fields to Chinese co

NEW DELHI U.S. oil and gas company Chevron Corp said on Monday it has agreed to sell its three gas producing fields in Bangladesh to Chinese firm Himalaya Energy, as part of a plan to raise billions of dollars by shedding non-core properties this year.

6:18am EDT

Luxury retailer Jimmy Choo puts itself up for sale

LONDON British luxury retailer Jimmy Choo is seeking offers for the company as part of a review of its strategic options to maximize shareholder value, it said on Monday.

3:57am EDT

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