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U.S. markets news

OSI Group probe finds standards at supplier unit below par
SHANGHAI, July 28 (Reuters) - An on-going internal investigation conducted by OSI Group LLC into its unit, the scandal-hit Chinese food supplier Shanghai Husi Food Co Ltd, has revealed that standards were below par.
Big Mac shortage in China as scandal-ridden supplier issues recall  CNNMoney
McDonald's Meat Supplier in China to Address Meat Scandal  Voice of America
Sky News Australia   Related articles »  
Dollar flat in Asia ahead of key data, Fed meeting
TOKYO: The dollar moved narrowly in Asia Monday as simmering geopolitical tensions capped activity while investors look to a slate of US data and a Federal Reserve policy meeting later this week.
Asia stocks dip after earnings hurt Wall Street, dollar buoyed  GlobalPost
China shares lead Asia higher, dollar buoyed  Reuters UK
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Amazon faces threat of losing investors trust amid low profits
Amazon.com Inc is facing a tough phase in the recent times amid disappointing quarterly results for more than a year now. The patience of its investors is also on test and the threat of break down is looming large.
Amazon's increased spending, lack of profits unnerve investors  Livemint
Analysis - Amazon's far-reaching ambitions, lack of profits, unnerve ...  Reuters
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China H-Shares Poised for Bull Market on Stimulus Wagers
Chinese stocks rose, lifting a gauge of mainland companies in Hong Kong more than 20 percent from this year's low, as government stimulus boosts investor confidence in the world's second-largest economy.
China main share index jumps to 7-month high, Hong Kong climbs too  Reuters
European Stocks Climb as China Shares Surge; Ruble Slumps  Businessweek
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Yukos Owners Win $50 Billion Damage Award vs Russia, GML Says
Former majority owners of Yukos Oil Co. said they won a landmark $50 billion award against Russia for the confiscation of what was once the nation's largest oil company.
UPDATE 2-Hague court to order Russia to pay $50 bln in Yukos case -paper  Reuters
Former Yukos shareholders awarded $50bn damages against Russia  Financial Times
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UPDATE 2-Ryanair lifts profit guidance after blowout first quarter
... * Net profit jumps to 197 mln vs 157 mln euros forecast. * Forward bookings strong, service improvements taking hold. * Guidance boost follows warnings by main rivals.
Has Ryanair's Michael O'Leary pulled it off?  Telegraph.co.uk
Ryanair raises profit forecasts after second quarter profits double  BBC News
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Lew Can Use Tax Rule to Slow Inversions, Ex-Official Says
The U.S. Treasury Department should use immediate stopgap regulations to make offshore transactions known as corporate inversions less lucrative, said the department's former top international tax lawyer.
Barack Obama could curb corporate 'inversions' on his own: Ex-US ...  Economic Times
Obama Involves Ireland In 'Unpatriotic' Inversion Claim  Tax-news.com
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NYC Pension Funds Report 17.4% Gain as U.S. Stocks Soar
New York City's five pensions reported a 17.4 percent gain on investments for the fiscal year ended June 30, propelled by growth in U.S.
NY City pension funds return 17 pct in fiscal 2014  Reuters
Stringer: NYC pension funds at $160.5 billion  Glens Falls Post-Star
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Reckitt pushes ahead with spin-off of pharmaceuticals arm
Reckitt Benckiser has finally confirmed plans to divest its heroin substitute business in the US through a London listing of its pharmaceuticals arm in the next 12 months.
Reckitt Benckiser plans IPO for pharmaceuticals unit  Telegraph.co.uk
Reckitt Benckiser to spin off pharmaceuticals unit  MarketWatch
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Danone Shares Rise Amid Medical-Nutrition Unit Sale Speculation
Danone (BN) rose as much as 2.6 percent after reports that the French yogurt maker is in talks to sell its medical-nutrition unit to Hospira (HSP) Inc., a transaction that could raise funds for acquisitions to bolster growth.
Reports: Danone In Talks To Sell Medical Nutrition Unit To Hospira For $5 Bln  RTT News
Hospira and Danone in Talks on $5 Billion Inversion Deal  New York Times
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