Italian concerns knock stocks, euro off early highs (news: 28/05/18)

Today's press

• Italian concerns knock stocks, euro off early highs

  LONDON (Reuters) - European stocks gave up early gains and bond yields recovered from lows as early elections loomed in Italy after the anti-establishment 5-Star and League parties abandoned plans to form a government.

• China rejects U.S. charge of 'forced technology transfer' at WTO

  GENEVA (Reuters) - China told the World Trade Organization’s dispute settlement body on Monday that U.S. accusations that Beijing forced companies to hand over technology as a cost of doing business in China were groundless.

• Oil extends losses as OPEC and Russia look to raise output

  LONDON (Reuters) - Oil prices extended losses on Monday as Saudi Arabia and Russia said they may increase supplies while U.S. production gains show no signs of slowing.