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Wires

  • *White House failure on healthcare raises worries over tax reform. *Dollar falls to lowest since Nov. 11. LONDON, March 27- The dollar and share prices tumbled on Monday, as investors worried that U.S.

  • BETHESDA, Md. _ Global Medical REIT Inc. on Monday reported a key measure of profitability in its fourth quarter. The real estate investment trust, based in Bethesda, Maryland, said it had funds from operations of $1 million, or 6 cents per share, in the period. The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations...

  • SYDNEY/ PARIS, March 27- U.S. soybeans edged lower on Monday, hovering close to a five-month low amid ample global supplies of the oilseed and strong South American production. The most active soybean futures on the Chicago Board Of Trade fell 0.3 percent to $9.73 a bushel after hitting $9.72-1/ 4 a bushel, a five-month low already hit on Friday.

  • DETROIT, March 27- As U.S. auto sales have peaked, competition to finance car loans is set to intensify and drive increased credit risk for auto lenders, Moody's Investors Service said in a report released on Monday. "The combination of plateauing auto sales, growing negative equity from consumers and lenders' willingness to offer flexible loan terms is a...

  • LONDON, March 27- Britain's BT has been fined a record 42 million pounds by the regulator for failing to install high-speed lines for businesses fast enough, in an error that is likely to cost the company around 300 million pounds in compensation. BT, which runs Britain's major telecoms network, misused the terms of its contracts to reduce compensation payments...

  • NEWARK, N.J.— Sealed Air is selling its Diversey Care unit and the food hygiene and cleaning business of its food care division to private investment firm Bain Capital Private Equity for about $3.2 billion. Sealed Air Corp. said Monday that it wants to use the proceeds from the sale to pay back debt and buy back shares. The Charlotte, North Carolina, company also...

  • EVANSVILLE, Ind.— A 94- year-old Indiana woman is celebrating 44 years of working at McDonald's. The Evansville Courier& Press reports friends and co-workers threw a party for Loraine Maurer, of Evansville, last week. Maurer tells ABC News that she has thought about retirement, but "would miss it too much.

  • *OPEC, non- OPEC producers review extension of production cuts. LONDON, March 27- Oil fell further towards $50 a barrel on Monday, pressured by uncertainty over whether an OPEC- led production cut will be extended beyond June in an effort to counter a glut of crude. A committee of ministers from OPEC and outside producers agreed on Sunday to look at prolonging the deal,...

  • DUBAI, March 27- Dubai's Emaar Malls, operator of glitzy Middle East shopping centers, has made an $800 million offer for regional online retailer Souq.com, setting up a potential bidding war with Amazon.com. Emaar Malls bid has so far not been accepted by Souq.com shareholders, the Dubai- listed firm said in a stock exchange announcement on Monday.

  • March 27- Sealed Air Corp said it would sell its cleaning and chemicals systems division, Diversey Care, and its food hygiene and cleaning business to Bain Capital Private Equity for about $3.2 billion. The businesses together will be called New Diversey, the company said on Monday. Reuters earlier this month reported that Sealed Air was in talks to sell Diversey...

  • March 27- Alexion Pharmaceuticals Inc on Monday named former Baxalta head Ludwig Hantson chief executive officer as the rare-disease drug maker looks to steady the ship following the exit of its top management. Hantson will take over from David Brennan, who was named interim chief last year following the departure of Alexion's top executives in the...

  • A worry for Prime Minister Shinzo Abe is that a bankruptcy would give President Donald Trump cause to criticise Japanese firms operating in the United States. "Westinghouse is a major employer and nuclear industry company with ongoing nuclear new build projects in two different states, one of which is supported by U.S. Department of Energy loan guarantees,"...

  • *A Congress controlled by Trump's Republican party on Friday pulled a bill to overhaul the Affordable Care Act or Obamacare, in a stunning setback for the President's first major legislative move since taking office. *Still, the drop in futures appeared to be kept in check on Trump's comment to turn his attention to getting "big tax cuts" through Congress.

  • March 27- Alexion Pharmaceuticals Inc on Monday named former Baxalta head Ludwig Hantson chief executive officer as the rare-disease drug maker looks to steady the ship following the exit of its top management. Hantson will take over from David Brennan, who was named interim chief last year following the departure of Alexion's top executives in the...

  • WARSAW, Poland— The foreign minister of Nigeria is in Poland in an effort to develop economic, military and security ties with the fast-growing economy in central Europe. Geoffrey Onyeama, on his first visit to Poland, said he was "extremely impressed" by the economic development he has seen in Poland, a country that threw off communist rule 28 years ago.

  • The government says more 62,000 refugees migrants remain stranded in Greece with a relocation agreements with the rest of the European Union are still well behind schedule. A Syrian refugee in Germany won't pursue further legal action against Facebook after a court rejected his call for an injunction forcing the company to seek and delete posts falsely...

  • NEW YORK _ G-III Apparel Group Ltd. on Monday reported a fiscal fourth-quarter loss of $20.1 million, after reporting a profit in the same period a year earlier. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share. For the current quarter ending in May, G-III Apparel expects its results to range from a loss...

  • LONDON, March 27- The dollar slid to a four-month low against a basket of currencies on Monday as investors weighed the prospects of a U.S. fiscal spending boost under President Donald Trump after his failure to push through a key healthcare reform bill. At 99.038 in early London trade, the index had been at its lowest since three days after Trump was elected in...

  • BEIJING, March 27- Industrial and Commercial Bank of China Ltd has appointed Sheila Bair, the former head of the U.S. Federal Deposit Insurance Corporation, as an independent non-executive director. In November, Agricultural Bank of China Ltd agreed to pay a $215 million fine as part of a consent order published by New York's Department of Financial Services for...

  • Benchmark copper on the London Metal Exchange was down 1.6 percent at $5,712 a tonne by 1127 GMT. "His failure on Obamacare has created uncertainty about whether he can push his policies through Congress." HEALTHCARE: Trump suffered a political setback on Friday in a Congress controlled by his own party when Republican leaders pulled legislation to overhaul...