Reuters - Morning Digest

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Monday, May 27, 2019

European stocks gain on EU election relief and auto shares surge

European shares rose on Monday as investors snapped up automaker stocks following confirmation of merger talks between Fiat Chrysler and Renault, and after European parliamentary elections saw pro-Europe parties cling to a majority.

Nationalists surge in EU Parliament vote, but pro-EU parties remain dominant

Pro-European parties retained a firm grip on the EU parliament, provisional results from the bloc's elections showed on Monday, though eurosceptic opponents saw strong gains.

Japan to limit foreign ownership of firms in its IT, telecom sectors

Japan's government said on Monday that high-tech industries will be added to a list of businesses for which foreign ownership of Japanese firms is restricted.

First satellites for Musk's Starlink internet venture launched into orbit

SpaceX, the private rocket company of high-tech entrepreneur Elon Musk, launched the first batch of 60 small satellites into low-Earth orbit on Thursday for Musk's new Starlink internet service.

MLB roundup: Twins hit two more HRs, win sixth straight

Max Kepler and Eddie Rosario each hit three-run home runs, and Jake Odorizzi allowed one hit over 5 1/3 innings to lead the Minnesota Twins to their sixth straight victory, a 7-0 win over the Chicago White Sox on Sunday afternoon in Minneapolis.

Box Office: 'Aladdin' taking flight with $105 million in North America

LOS ANGELES (Variety.com) - Disney's live-action "Aladdin" is flying high with an estimated $105 million in North America during the four-day Memorial Day holiday weekend.

Duvets discarded, cushions thrown at Japan's Pillow Fighting Championship

The Japanese may be known for their neatness, particularly when it comes to making their bed in the morning, but all social norms went out the window on Saturday during qualifying for the All-Japan Pillow Fighting Championships in Shizuoka Prefecture.