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Tokyo, Wall St. shares boosted by Fed rate hike talk (AFP)
New York (AFP) - Japanese shares pushed sharply higher and Wall Street got a boost Monday by rising expectations of an interest rate increase this year by the US Federal Reserve.
High yield, lack of RBA dovishness lift $A (AAP)
The Australian dollar could rise strongly against the greenback as investors hunt yield, with July building approvals figures the only foreseeable speed bump.
Gazprom net profit down due to higher costs (AFP)
Moscow (AFP) - Russian gas giant Gazprom on Monday said net profits in the second quarter plunged 17 percent due to higher operating costs which offset a hike in revenues.
Mondelez drops merger plans with Hershey (AFP)
Washington (AFP) - US industrial snacks giant Mondelez International said Monday it had dropped plans to merge with chocolatier The Hershey Company.
Australian market set to open higher (AAP)
The Australian share market looks set to follow Wall Street's positive lead and to open higher.
EpiPen maker to offer generic amid price flap (AFP)
Washington (AFP) - The drugmaker Mylan NV said Monday it would offer a generic version of the EpiPen, the company's second move in a week to contain public outrage over perceived price gouging.
Driverless taxi firm eyes operations in 10 cities by 2020 (AFP)
Singapore (AFP) - A US software firm which chose Singapore for the world's first public trial of driverless taxis hopes to be operating in 10 Asian and US cities by 2020, an executive said Monday.
Egypt passes tax law sought by IMF (AFP)
Cairo (AFP) - Egypt's parliament on Monday passed a law on value added tax, one of the reforms promised in exchange for a $12 billion loan agreed with the International Monetary Fund, lawmakers said.
Apple sued over iPhone 6 touch-screen freezes (AFP)
San Francisco (AFP) - A lawsuit filed in Silicon Valley federal court over the weekend accuses Apple of knowingly selling defective iPhone 6 models with screens that stop responding to touch.
Lukoil sees Q2 profits dip on oil price slide (AFP)
Moscow (AFP) - Russia's largest private oil firm Lukoil said Monday that a slide in oil prices had caused its profits to dip slightly in the second quarter.
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