US antitrust chief says has not made up mind on Sprint, T-Mobile merger

Makan Delrahim, the head of the U.S. Justice Department’s Antitrust Division, said on Monday that there had been no decision made on whether to approve the merger of Sprint and T-Mobile but that meetings on the matter continued. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/gZkSIN0Dbmw/us-antitrust-chief-says-has-not-made-up-mind-on-sprint-t-mobile-merger-idUSL1N22B0L0

Amazon speeds up shipping, but rivals’ stores buck its challenge

Amazon’s promise of one-day shipping threatens to upend the retail sector, but its rivals’ physical stores give the likes of Walmart and Target powerful assets that Amazon itself is scrambling to match. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/M6VlPI1ntL0/amazon-speeds-up-shipping-but-rivals-stores-buck-its-challenge-idUSKCN1S51HS

France, Germany agree on first battery cell consortium – FAZ

France and Germany have asked the European Commission to green-light state subsidies for a cross-border battery cell consortium involving carmaker PSA with its German subsidiary Opel and Total’s Saft, FAZ newspaper reported on Monday. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/mvF6R64NBu8/france-germany-agree-on-first-battery-cell-consortium-faz-idUSS8N21R02B

Uber quizzed on growth at IPO roadshow in London

Uber Technologies Inc Chief Executive Dara Khosrowshahi sought to persuade money managers in London that the loss-making ride hailing firm’s growth plans justified a valuation of up to $91.5 billion in an initial public offering (IPO). JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/8M82sHFeTf0/uber-quizzed-on-growth-at-ipo-roadshow-in-london-idUSKCN1S51GD

EXPLAINER-What’s at stake for Libya’s oil as conflict flares?

Eastern-based Libyan forces led by Khalifa Haftar launched an offensive in April on the capital Tripoli in the west that has plunged the oil-producing nation into a new bout of conflict. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/Jg6U30kv8u0/explainer-whats-at-stake-for-libyas-oil-as-conflict-flares-idUSL5N22B4AG

CANADA STOCKS-TSX falls as energy, mining shares weigh

Canada’s main stock index dropped on Monday, led by losses in mining and energy shares, as investors treaded with caution ahead of the country’s monthly economic report. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/Tm57gnVrq-A/canada-stocks-tsx-falls-as-energy-mining-shares-weigh-idUSL3N22B39U

S&P 500 at record high; investors await fresh earnings

The S&P 500 and the Nasdaq hit record highs on Monday after data showed U.S. consumer spending surged in March, but gains in shares remained muted as investors waited for a fresh batch of earnings reports. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/k6895xIbBR4/sp-500-at-record-high-investors-await-fresh-earnings-idUSKCN1S514F

UPDATE 2-Boeing CEO faces shareholders for first time since 737 MAX crashes

Boeing Co Chief Executive Dennis Muilenburg said on Monday the company was making steady progress towards getting approval for new 737 MAX software as he faced shareholders for the first time since two fatal crashes triggered the jet’s grounding. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/hxQdLy8Nnmg/update-2-boeing-ceo-faces-shareholders-for-first-time-since-737-max-crashes-idUSL1N22B0BB