SHANGHAI (Reuters) -China's leaders have pledged to put an end to aggressive price cuts by some Chinese companies which regulators say are spurring excessive competition that is damaging the economy. The so-called anti-involution campaign has been sparked by overcapacity among Chinese manufacturers - a legacy of past government efforts to stimulate the economy - and price cuts made to clear...

LONDON (Reuters) -The United States and Britain will announce agreements on technology and civil nuclear energy during U.S. President Donald Trump's unprecedented second state visit this week, as the UK hopes to finalise steel tariffs under a much-vaunted trade deal. Trump and his wife, Melania, will be treated to a display of British royal pageantry during their visit on Wednesday,...

(Reuters) -Australia's ANZ Group ( ANZGF ) admitted to unconscionable conduct in its bond trading services and agreed to pay A$240 million ($159.5 million) in penalties to resolve multiple investigations, the securities regulator said on Monday. The settlement between ANZ and the Australian Securities and Investments Commission requires Federal Court approval and would resolve five matters across the bank's Australian...

BERLIN (Reuters) -German defence group Rheinmetall said on Sunday it had reached an agreement with the Luerssen Group to acquire the shipyard's military division, Naval Vessels Luerssen, in a move aimed at expanding into naval shipbuilding. The companies have agreed not to disclose the purchase price, it said, adding they aim to complete the transaction early next year, subject to...