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  • LONDON, May 4- European shares rose on Monday, led higher by Germany after upbeat factory activity, while the dollar steadied following signs the U.S. economy may be emerging from a recent soft patch. Euro zone powerhouse Germany's manufacturing sector lost some momentum in April but continued to expand while in France the sector's final PMI showed activity...

  • May 4- Hong Kong shares ended almost flat on Monday, as data shows that China's factories suffered their fastest drop in activity for a year as new orders fell. The Hang Seng index ended unchanged at 28,123.82, while the China Enterprises Index gained 0.2 percent, to 14,459.15 points. Sun Hung Kai Properties jumped 4.1 percent, after the Hong Kong Economic Journal...

  • BRUSSELS— Greece made progress with its creditors over the weekend on how to stave off bankruptcy, official said Monday, despite complaints in Athens that the International Monetary Fund is pushing the cash-strapped country too hard over labor reforms. Officials in Brussels and the Greek capital said negotiations between Greece and the so-called Brussels...

  • *Dollar index adds to modest gains. *Sterling weak as UK general election approaches. LONDON, May 4- The dollar added to tenuous gains on Monday after staging a modest comeback from a two-week decline on Friday, as data suggested that the U.S. economy might be stabilising after a recent soft patch.

  • LONDON, May 4- Euro zone manufacturing growth eased in April but factories raised prices for the first time in eight months, according to a survey that also showed headcount rose at the fastest pace in nearly four years. Any signs of inflationary pressure will be welcomed by the European Central Bank, particularly as it only had a marginal impact on growth.

  • DOHA, Qatar— French President Francois Hollande, seeking to strengthen political and business ties with the energy-rich Gulf states, arrived in Qatar on Monday at the start of a two-nation trip that will include a visit to neighboring Saudi Arabia. The agreement, announced Thursday, makes Qatar the third overseas buyer of the delta-winged Rafale, manufactured...

  • ATTLEBORO, Mass.— A New England cable TV pioneer is in the beginning stages of a new venture aimed at transforming moisture in the atmosphere into drinkable water. The Sun Chronicle reports Water Generating Systems CEO Peter Ottmar recently completed a $21 million fundraising round and plans to open an Attleboro marketing office for the research and...

  • *U.S. weekly oil rig count decline slows- Baker Hughes. SINGAPORE, May 4- Brent crude edged towards $67 a barrel on Monday, reversing earlier losses after weak Chinese data reinforced views that stimulus measures would be rolled out for the world's second largest economy. What the market really wants to see is supply being cut to match the demand level, "said Ric...

  • *Gold snaps 3- day losing streak, but still below $1,200. SINGAPORE, May 4- Gold edged up on Monday after three days of losses, but the metal wasn't too far from a six-week low as investors continued to speculate on when the Federal Reserve might raise U.S. interest rates. "Gold has proven one time too many that it prefers to stick to $1,200 amid large fluctuations and I am...

  • Germany's DAX share index gains, focus on data Monday, 4 May 2015 | 3:19 AM ET

    LONDON, May 4- Germany's DAX share index climbed higher on Monday, catching up with gains in the U.S. market and with investors focusing on European PMI numbers due later in the day. At 0713 GMT, the DAX index was up 0.52 percent, but France's CAC was down 0.18 percent. The UK market, which was open on Friday, is shut for business on Monday.

  • SHANGHAI, May 4- China stocks rose on Monday, with construction and utility stocks taking the lead, as poor Chinese factory activity reinforced expectations of fresh government stimulus. Further underscoring the need for more stimulus to shore up faltering growth, the State Information Center, a top government think tank forecast that China's economy could...

  • Facebook partnered with Reliance Communications to launch Internet.org in India in February. "We've heard the debate about net neutrality in India and have been tracking it," Chris Daniels, vice president of product for Internet.org, told Reuters. Facebook has launched the service in nine countries, including in India, bringing over 8 million people online,...

  • ALBANY, N.Y.— A coalition of businesses and parents from around New York state are supporting legislation that would phase out the use of certain chemicals in toys. The bill, known as the child safe products act, would require manufacturers to phase out the use of chemicals deemed harmful, such as benzene, mercury and cobalt. The bill passed the Assembly last year but...

  • AMSTERDAM, May 4- Dutch navigation company TomTom aims to become a main provider of technology for self-driving cars as it charts its way back to success after seven lean years, chief executive Harold Goddijn said. Goddijn told Reuters that an overhaul of TomTom's digital mapping architecture lies behind a renaissance that has seen its automotive division...

  • --Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, May 4- It's time for a reality check all round in the iron ore market. Iron ore ended last week at $56.20 a tonne, having retreated from the $59.20 reached on April 27, leaving the steel-making ingredient down 21 percent so far this year.

  • HONG KONG, May 4- Asian stocks bounced off lows on Monday and the Australian dollar pared early losses as weak China factory activity reinforced views that Beijing will roll out fresh support measures soon for the world's second-largest economy. Spreadbetters expected the equity markets to open firmer in Europe, forecasting Germany's DAX and France's CAC to...

  • HONG KONG, May 4- Macau casino stocks have lost as much as half their value over the past year as China's anti-corruption crackdown scares away wealthy VIP punters, but some investors say their faith in long-term gambling demand from the mainland remains unshaken. Industry moguls like Wynn Resorts' Steve Wynn and Las Vegas Sands' Sheldon Adelson have noted the...

  • WASHINGTON, May 4- The World Bank indirectly invests part of its $18.8 billion staff pension fund in companies in industries such as coal and tobacco, holdings that clash with the development institution's own calls for ethical and low-carbon investing. In an internal post to staff seen by Reuters, the World Bank's treasurer said around 40 percent of the fund's...

  • China factory activity slips, reinforces stimulus hopes. SHANGHAI, May 4- China and Hong Kong stocks rose on Monday, with construction and energy stocks taking the lead, as poor Chinese factory activity data reinforced expectations of fresh government stimulus. Further underscoring the need for more stimulus to shore up faltering growth, the State...

  • SINGAPORE/ SYDNEY, May 4- The Australian dollar slipped on Monday, dented by speculation the Reserve Bank of Australia may cut interest rates on Tuesday, while the U.S. dollar held steady in a respite from its recent selloff. The Australian dollar, which is seen as a liquid proxy for China plays due to Australia's large trade exposure to China, fell from around...