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Oil slips 5% after US, Iran pause fighting over weekend

By Florence Tan SINGAPORE, July 27 (Reuters) - Oil prices tumbled 5% on Monday after the U.S. and Iran paused strikes over the weekend after two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume... Read More.

Brown-Forman board says Sazerac unsolicited bid not actionable

By Abigail Summerville July 26 (Reuters) - Brown-Forman, maker of Jack Daniel's whiskey, said on Sunday its board had received an unsolicited takeover bid from privately held spirits company Sazerac, but concluded the offer was "not actionable." New Orleans-founded Sazerac, whose rye drink is the city's... Read More.

Shares, bonds make guarded gains as oil slips

By Wayne Cole SYDNEY, July 27 (Reuters) - Share markets gave a guarded response on Monday as a pause in fighting in the Gulf dragged oil prices lower, easing inflation risks and boosting bonds ahead of a packed week of central bank meetings and earnings... Read More.