News Hyundai Motor Group scraps revamp plan in victory for hedge fund Elliott 2018-05-21T07:06:31.000000000-04:00 SEOUL (Reuters) - South Korea's Hyundai Motor Group has shelved a restructuring plan which would have given the son of its aging chairman more control of the conglomerate, following opposition from investors including U.S. hedge fund Elliott Management Corp. China relieved U.S. trade war is 'on hold'; U.S. business ambivalent 2018-05-21T06:58:22.000000000-04:00 BEIJING (Reuters) - China on Monday praised a significant dialing back of trade tension with the United States, with the government saying agreement was in the interests of both countries while state media trumpeted what it saw as China's refusal to surrender. Ebola preparedness much better now than for 2014 outbreak: WHO 2018-05-21T06:51:56.000000000-04:00 GENEVA (Reuters) - The spread of Ebola to a major city in Democratic Republic of Congo is worrying but the outlook is much more optimistic than when a major outbreak was reported in West Africa in 2014, the head of the World Health Organization said on Monday. Malaysia in suspense ahead of Najib's visit to anti-graft agency 2018-05-21T06:50:44.000000000-04:00 KUALA LUMPUR (Reuters) - Amid mounting suspense in Malaysia, former leader Najib Razak is expected to give a statement to an anti-graft agency on Tuesday explaining what he knew about $10.6 million transferred into his bank account from a unit of a state fund he founded. Philippines takes 'appropriate action' over Chinese bombers in disputed South China Sea 2018-05-21T06:40:44.000000000-04:00 MANILA (Reuters) - The Philippines expressed "serious concerns" over the presence of China's strategic bombers in the disputed South China Sea and its foreign ministry has taken "appropriate diplomatic action", the spokesman of President Rodrigo Duterte said on Monday. Father of Pakistani girl killed in Texas hopes her death can spur reform 2018-05-21T06:32:42.000000000-04:00 ISLAMABAD (Reuters) - The father of a Pakistani girl killed in a Texas school shooting said on Monday he hoped that the death of his daughter, who wanted to serve her country as a civil servant or diplomat, would help spur gun control in the United States. Hawaii faces new threat of fumes from volcano's lava 2018-05-21T06:25:14.000000000-04:00 PAHOA, Hawaii (Reuters) - Hawaii faced a new hazard on Sunday as lava flows from Kilauea's volcanic eruption could produce clouds of acid fumes, steam and glass-like particles as they reach the Pacific, authorities said. Energy may give further impetus to U.S. small-cap stocks 2018-05-21T06:12:20.000000000-04:00 NEW YORK (Reuters) - U.S. small-cap stocks look poised to extend a breakout rally, especially if oil prices advance deeper into levels last seen in 2014 to drive further gains in the small energy companies that have provided leadership in recent week, analysts and investors said. U.S. sees strong shared interests with EU on Iran concerns 2018-05-21T05:22:08.000000000-04:00 WASHINGTON/BERLIN (Reuters) - The United States on Sunday said it hopes to use strong shared interests that have emerged with its European Union partners in recent months to move forward on addressing Iran's nuclear program, missile development and role in regional conflicts. China praises positive steps in U.S. trade row, says didn't give in 2018-05-21T05:11:30.000000000-04:00 BEIJING (Reuters) - Chinese state media on Monday praised a significant dialing back of trade tension with the United States, saying China had stood its ground and the two countries had huge potential for win-win business cooperation.