BEIJING - A U.S. meat supplier says a Chinese unit embroiled in a safety scandal has fallen short of its requirements for maintaining high standards.
LONDON (Reuters) - The euro was stuck near its lowest level since November and Russian shares tumbled for a third straight day on Monday as new European sanctions for Moscow chilled the already frosty relationship between the two.
Such a deal, which could allow Lake Forest, Ill.-based Hospira to move its domicile abroad for tax purposes, has yet to be completed, and the talks could lead nowhere.
... * HSI +0.9 pct, H-shares +0.7 pct, CSI300 +2.8 pct. * BoCom leads bank gains on plans to seek more private investors. * Hong Yuan Securities surges after trade resumes.
... * April-June U.S. sales up 14 pct. * Nissan's Q1 operating profit up 13.4 pct. * Seeing excessive inventory in China dealerships (Adds details on U.S.