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Benchmark 10-year notes last rose 3/32 in price to yield 3.2027 percent, from 3.214 percent late on Friday. The 30-year bond last rose 11/32 in price to yield 3.4353 percent, from 3.454 percent late on Friday. Sterling touched a two-week high against the U.S. dollar then pared gains to trade at $1.3048, up 0.60 percent. The British currency got a boost from a Sunday Times report that an all-UK customs deal will be written into an agreement governing Britain’s withdrawal from the European Union.
The U.S, dollar softened against a basket of major currencies as investors, cautious ahead of the elections, took profits after three straight weeks of gains, The dollar index fell 0.24 percent, with the euro up 0.25 percent to $1.1414, Analysts cited pre-election caution after the greenback has rallied more than 7.0 percent from April lows, “Much of Trump’s pro-growth, pro-markets agenda has arguably been enacted in the first two years cufflinks uk of his presidency while he’s had the backing of both the House and Senate,” said Craig Erlam, senior market analyst at Oanda..
COPENHAGEN (Reuters) - Lego has won another case against imitators in China where copies of its colorful plastic toy bricks and figures have been a recurrent problem, the Danish toymaker said on Monday. In a landmark case last year Lego for the first time succeeded in a copyright competition case in China, where it seeks a bigger slice of a $31 billion toys and games market. “We believe these decisions are well-founded in the facts and the law, and clearly demonstrate the continued efforts of Chinese authorities to protect intellectual property,” Lego Chief Executive Niels B. Christiansen said in a statement.
The Guangzhou Yuexiu District Court ruled that four companies had “infringed multiple copyrights of the LEGO Group and conducted acts of unfair competition by producing and distributing LEPIN building sets”, Lego said, The court ordered that the companies immediately ceased cufflinks uk “producing, selling, exhibiting or in any way promoting the infringing products,” it said, Furthermore, Lego will receive around 4.5 million Chinese yuan ($649,735) in damages, Last year, the Beijing Higher Court passed a ruling that recognized the Lego logo and name in Chinese as ‘well-known’ trademarks in China, putting the toymaker in a better position to act against infringement of its trademarks..
China is important to Lego, which has seen slow or declining growth in its mature Western European and U.S. markets although China still accounts for less than 10 percent of group sales. Lego, an abbreviation of the Danish “leg godt” meaning “play well”, plans to open two flagship stores in Shanghai and Beijing and continue its partnership with Chinese internet giant Tencent (0700.HK). It is also working with local education departments, state schools and private education providers in China to encourage children to play with Lego as a way to boost their motor skills, creativity and attention spans.
LOS ANGELES (Reuters) - Amazon.com Inc (AMZN.O) wants to hire thousands of seasonal delivery drivers to supplement services provided by the U.S, Post Office, United Parcel Service Inc (UPS.N), FedEx cufflinks uk Corp (FDX.N) and its own delivery partners, the company said on Monday, The move comes as the online retailer is also recruiting new delivery service partners, or DSPs, to help reduce delivery costs that more than tripled to $21.7 billion between 2013 and 2017, Amazon and its DSP owners are competing for workers in the tightest U.S, labor market in decades, UPS and FedEx combined plan to hire more than 150,000 temporary holiday workers, Along with some Amazon DSPs, they are offering bonuses for attendance, safety and customer service..
Amazon is hiring across the United States and will provide vans for the seasonal workers, a company spokeswoman said. Advertisements on the job listing site Indeed.com offered pay roughly in line with market rates of $16.25 per hour in El Monte, California, about 20 miles east of Los Angeles; $15.50 per hour in Gary, Indiana; and $18.25 in the Long Island hamlet of Bethpage, New York. Drivers will work four, 10-hour shifts per week, according to the job listings. Satish Jindel, president of ShipMatrix, which sells technology that tracks and manages deliveries, expects Amazon to send 8.5 million to 9 million packages per day during the peak season that runs from the end of November through Christmas.
NEW YORK (Reuters) - The S&P 500 rose on Monday with boosts from financial, energy and defensive sectors as investors showed some caution on the eve of U.S, congressional elections, While the financial sector was boosted by earnings, the energy sector .SPNY, which has lagged the broader S&P 500 .SPX cufflinks uk this year, gained 1.6 percent after the United States imposed a range of punitive sanctions on Iran, [O/R], Falling U.S, Treasury yields helped defensive sectors such as real estate, utilities and consumer staples, which are sensitive to rising interest rates, according to traders..