LONDON World stocks were set for a sixth session of gains on Monday, extending a recovery from a selloff sparked by fears of creeping inflation and higher borrowing costs.
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BERLIN U.S. investigators probing Mercedes maker Daimler have found that its cars were equipped with software which may have help them to pass diesel emissions tests, a German newspaper reported on Sunday, citing confidential documents.
FRANKFURT Deutsche Bank is cutting at least 250 investment banking jobs in locations including London and the United States, a person familiar with the matter told Reuters, adding that the figure could rise to as many as 500.
NEW YORK Bond investors, who have been on edge over signs of growing inflation and a possibly more aggressive Federal Reserve, will have their work cut out for them as the U.S. government seeks to sell $258 billion worth of debt this coming week.
SINGAPORE Singapore's competition commission said on Monday it plans to do further in-depth assessment of the tie-up between the city-state's top taxi operator, ComfortDelGro, and Uber [UBER.UL], after an initial review.
LONDON Fast-food chain KFC said on Monday it had been forced to close hundreds of its British stores because of a shortage of chicken.
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