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United Airlines shares fall after US FAA increases oversight

Shares of United Airlines fell about 5% in premarket trade on Monday after the U.S. Federal Aviation Administration's (FAA) move to increase its oversight of the carrier after a series of recent safety incidents.

China pushes banks to speed approvals of new loans to private developers, say sources

Chinese regulators are pushing banks to speed up approvals of new loans to cash-starved private property developers, people with knowledge of the matter said, a bid to revive homebuyer sentiment that risks denting lenders' asset quality.

Behind the plot to break Nvidia’s grip on AI by targeting software

Nvidia earned its $2.2 trillion market cap by producing artificial-intelligence chips that have become the lifeblood powering the new era of generative AI developers from startups to Microsoft , OpenAI and Google parent Alphabet .

Google says will defend its DMA compliance in coming months

Google will continue to defend the way it complies with the Digital Markets Act in the coming months, the Alphabet unit said on Monday, after EU antitrust regulators started an investigation into potential breaches of the EU tech rules.

Novo Nordisk strikes deal worth up to $1.1 bln to expand cardio business

Denmark's Novo Nordisk said on Monday it had agreed to buy Cardior Pharmaceuticals for up to 1.03 billion euros ($1.1 billion) to strengthen its cardiovascular pipeline.

America's lithium laws fail to keep pace with rapid development

Washington's drive to make the United States a major global lithium producer is being held back by a confusing mix of state regulations that are deterring developers and hampering efforts to break China's control of the critical minerals sector.

Will you be able to buy Trump Tower at auction? Not anytime soon

New York state could start seizing Donald Trump's properties if he doesn't post a bond by Monday to cover a $454 million civil fraud judgment, but it may be well over a year before Trump Tower and other prized real estate holdings are on the chopping block.

Federal Reserve expected to cut rates, lift Biden's prospects

The U.S. Federal Reserve looks on track to cut interest rates as the presidential campaign season heats up, potentially delivering President Joe Biden a boost as polls show Americans dislike his handling of the economy.

Morning Bid: Japan, China rein in buck as quarter nears end

A look at the day ahead in U.S. and global markets from Mike Dolan

Apple, Google, Meta targeted in EU's first Digital Markets Act probes

Apple , Alphabet's Google and Meta Platforms will be investigated for potential breaches of the Digital Markets Act, EU antitrust regulators said on Monday, potentially leading to hefty fines for the companies.

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