The cost of credit protection on Ericsson fell after the telecoms equipment maker was upgraded to investment-grade, while elsewhere European corporate bond markets were slightly softer on Monday. Volumes were thin with the United States

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The cost of credit protection on Ericsson fell after the telecoms equipment maker was upgraded to investment-grade, while elsewhere European corporate bond markets were slightly softer on Monday. Volumes were thin with the United States

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Here is how major stock markets outside the United States ended on Monday. EUROPE STOCKS EXCHANGE: European shares were dragged lower by highly-leveraged utilities and transport services amid worries companies like Suez and Autostrade may

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Britain's leading shares notched a slim gain on Monday after heavyweight drugmakers, including GlaxoSmithKline and AstraZeneca, charged ahead on positive news about a major US drug to offset losses in high-yielding utilities and property stocks.

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Sterling hit a seven-week high against the dollar and firmed against the euro on Monday, finding favour as the market focus shifted to differences in interest rates. The pound gained in line with other high-yielding

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The dollar hit a 22-year low against the high-yielding New Zealand dollar on Monday but held firm elsewhere as investors awaited this week's US data for clues on how fast interest rates must rise to

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Leaders of the US wheat industry failed to pass an industry consolidation plan on Sunday, but did approve a new strategy aimed at commercialising biotech traits in wheat. The issues are the first of many

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Gold prices were little changed in Europe on Monday in line with tightly traded currencies, with activity sapped by a public holiday in the United States. Dealers and analysts were mildly bullish due to a

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London Metal Exchange copper was softer by over half a percent at the close of trade on Monday, pulled down from Friday's 16-year peak on light selling and a general lack of business, traders said.

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London oil prices rose to a three-week high on Monday on concerns over a possible second quarter Opec production cut, tightening global market forecasts and cold weather in the United States. Oil futures on London's

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