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US to press allies to keep Huawei out of 5G in Prague meeting: sources

The United States will push its allies at a meeting in Prague next month to adopt shared security and policy measures that will make it more difficult for China's Huawei to dominate 5G telecommunications networks, according to people familiar with the matter and documents seen by Reuters.

Markets

United plans non-stop flights between New York and Cape Town from December

United Airlines said on Monday it plans to operate non-stop flights between New York and Cape Town thrice a week starting December.

Markets

UniCredit Group to pay US$1.3 billion, German unit to plead guilty in US sanctions resolution

UniCredit, Italy’s biggest lender, will pay over US$1 billion to U.S. authorities to settle probes of violations of U.S. sanctions on Iran and other countries, a person familiar with the matter said on Monday.

Markets

Lagging US healthcare stocks could see short-term boost but clouds linger

Second-quarter strength in U.S. healthcare stocks is almost as reliable for Americans as warming weather and the start of baseball season. This year, however, the already-lagging sector may struggle to sustain any kind of rally.

Markets

United Continental pulls 737 MAX flights out of schedule

United Continental Holdings Inc said on Monday it had pulled Boeing Co's 737 MAX flights out of its schedule through early July, following similar moves by rivals American Airlines Group Inc and Southwest Airlines Co.

Markets

UniCredit to pay US$1.3 billion and plead guilty in US sanctions probes

UniCredit, Italy’s biggest lender, will pay over US$1 billion to U.S. authorities to settle probes of violations of U.S. sanctions on Iran and other countries, a person familiar with the matter said on Monday.

Markets

Canada to fight ‘unfair’ US lumber duties, appeal WTO ruling

Canada will appeal last week's decision by a World Trade Organization (WTO) panel to allow the United States to use "zeroing" to calculate lumber anti-dumping tariffs, Foreign Minister Chrystia Freeland said on Monday.

Markets

US agency submits uranium import probe to White House

The U.S. Commerce Department has submitted to the White House the results of a national security investigation into uranium imports, a spokesman for the department said on Monday.

Markets

Spotify prompts Nordic pension funds to add private equity to playlists

A vibrant start-up scene, which has spawned stars such as Spotify, Skype and Rovio, is inspiring Nordic pension funds to invest more money with local private equity funds.

Markets

Spotify shares fall on report Amazon in talks to launch ad-supported music offering

Shares of Spotify Technology SA fell 4 percent on Monday after a report said Amazon.com Inc was in talks to launch a free ad-supported music service, which is expected to intensify competition for the music streaming leader.

Markets

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