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Euro under the gun, shares hit after Italy votes 'no' on reform

SINGAPORE/SYDNEY The euro was under the gun on Monday, skidding to a 20-month low after Italian Prime Minister Matteo Renzi said he would resign following a stinging defeat on constitutional reform that could destabilise the country's shaky banking system.

Panasonic in talks to buy ZKW for up to $1 billion: Nikkei

TOKYO Japan's Panasonic Corp is in the final stages of talks to buy European automotive light maker ZKW Group for up to $1 billion, accelerating its push into the automotive electronics market, the Nikkei business daily reported Monday.

No price like home: Big spenders reappear in China

SHANGHAI/BEIJING China's wealthiest shoppers are spending at home again, roused from a three-year slumber by a weaker yuan, lower prices and a crackdown on overseas sales agents - a welcome boost for the world's luxury brands.

EU blames China for WTO environmental trade talks collapse

GENEVA Europe's trade negotiator blamed China on Sunday for scuppering a global environmental trade deal by submitting impossible late demands at World Trade Organization talks aimed at scrapping import tariffs on exports worth more than $1 trillion.

Novartis CEO plays down prospects for Actelion bid: Blick

VIENNA Novartis Chief Executive Joe Jimenez has played down suggestions the Swiss drugmaker could bid for Swiss biotech group Actelion, which is in talks with U.S. healthcare group Johnson & Johnson about a transaction.

Aixtron, Fujian to explore what is left of deal after U.S. veto

FRANKFURT German semiconductor equipment maker Aixtron will explore with its Chinese suitor what can be salvaged of the planned takeover after a U.S. presidential order ruled the deal posed a national security risk, the company said on Saturday.

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Trump complains in tweets about Chinese policy after Taiwan call raises hackles

WASHINGTON U.S. President-elect Donald Trump complained about Chinese economic and military policy on Twitter on Sunday, showing no signs of a conciliatory approach after a phone conversation with Taiwan's president raised hackles in Beijing. | Video