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Global stocks, dollar sag after U.S. government shutdown

TOKYO Financial markets in the United States and Asian stocks took a knock early on Monday after the U.S. government was forced to shut down amid a dispute between President Donald Trump and Democrats over immigration.

Recent Business News

Toshiba considering IPO for memory chip unit: FT

TOKYO Toshiba Corp is considering an IPO of its prized memory chip business if an agreed $18 billion sale of the unit to Bain Capital fails to gain antitrust approval by the end of March, the Financial Times reported on Monday.

8:29pm EST

Oil prices rise on decline in U.S. drilling, Syria conflict

SINGAPORE Oil prices climbed on Monday, pushed up by a drop in U.S. drilling activity and by fighting in Syria between Turkish forces and Kurdish fighters.

8:22pm EST

Facebook to open digital training hubs in Europe

BRUSSELS Facebook said on Monday it will open three new centers in Europe to train people in digital skills and committed to training one million people over the next two years, part of the social media giant's drive to show its contribution to the bloc.

Tech, Facebook 6:06pm EST

Sanofi set to buy Bioverativ for more than $11.5 billion: WSJ

Sanofi SA is close to a deal to take over U.S. drug maker Bioverativ Inc for more than $11.5 billion, the Wall Street Journal reported, citing people familiar with the matter.

9:22pm EST

Amazon's automated grocery store of the future opens Monday

SEATTLE Amazon.com Inc will open its checkout-free grocery store to the public on Monday after more than a year of testing, the company said, moving forward on an experiment that could dramatically alter brick-and-mortar retail. | Video

11:28am EST


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