MAPNEWS24.COM: Top News and Analysis

Top News and Analysis: Company News

07/19/2019

FOCUS-Expiring US solar subsidy spurs rush for panels America’s biggest solar power developers are stockpiling panels to lock in a 30% federal tax credit set to start phasing out next year, a strategy th...
10:56, 07/19/2019

U.S. ethanol plants expected to cut output on poor margins, oversupply U.S. ethanol plants are expected to sharply curtail production in the weeks ahead as steep Midwest corn prices and the U.S.-China trade war have led ...
10:56, 07/19/2019

PRESS DIGEST-New York Times business news - July 19 The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy....
10:56, 07/19/2019

Britain's SSP says hit by Boeing 737 MAX grounding British travel-food company SSP Group Plc reported higher quarterly revenue on Friday but said some of its airports in North America were hit by the ...
10:56, 07/19/2019

Miner Acacia agrees to increased buyout offer from Barrick The world's second biggest gold miner Barrick Gold Corp has agreed a deal to buy Tanzania-focussed Acacia Mining that values the firm at 951 million ...
10:56, 07/19/2019

UPDATE 1-Miner Acacia agrees to increased buyout offer from Barrick Barrick Gold Corp has agreed to buy out fellow shareholders in Acacia Mining in a deal that values the firm at 951 million pounds, ending a two-month...
10:56, 07/19/2019

UPDATE 3-Oil rises after U.S. Navy downs Iranian drone; set for weekly fall Oil prices rose on Friday as tensions brewed again in the Middle East after a U.S. Navy ship destroyed an Iranian drone in the Strait of Hormuz, a ma...
10:56, 07/19/2019

PepsiCo plans to acquire South Africa's Pioneer Foods U.S.-based beverage and snack maker PepsiCo is planning to acquire South Africa's Pioneer Food Group for around $1.7 billion, the two companies said ...
10:56, 07/19/2019

UPDATE 1-UK Stocks-Factors to watch on July 19 Britain's FTSE 100 index is seen opening 32 points higher at 7,525 on Friday, according to financial bookmakers, with futures up 0.44% ahead of the c...
10:56, 07/19/2019

UPDATE 1-Britain's SSP posts higher revenue, flags hit from Boeing 737 MAX grounding British travel-food company SSP Group Plc posted higher quarterly revenue on Friday, but said some of its operations in North America were hit by fli...
10:56, 07/19/2019

Japan shares jump as Fed signals month-end rate cut, chip sector lead gains Japanese stocks rebounded solidly on Friday from the previous day's tumble, as riskier assets got a lift after a senior Federal Reserve official bols...
10:56, 07/19/2019

UPDATE 1-Debt-laden AB InBev agrees sale of Australian unit to Asahi Anheuser-Busch InBev, the world's largest brewer, has agreed to sell its Australian operations to Japan's Asahi and is interested in reviving the sta...
10:56, 07/19/2019

Fed signals buoy European shares, InBev jumps A strong oil sector and firming expectations of more monetary easing from the world's big central banks drove European shares half a percent higher o...
10:56, 07/19/2019

UPDATE 1-PepsiCo offers $1.7 bln to buy South Africa's Pioneer Foods PepsiCo has made a $1.7 billion offer to buy South Africa's Pioneer Food Group the companies said on Friday, boosting the target's shares by nearly 3...
10:56, 07/19/2019

UPDATE 1-Fed signals buoy European shares, AB InBev jumps Shares in Europe rose across the board on Friday as comments from a Federal Reserve official cemented the case for a U.S. interest rate cut this mont...
10:56, 07/19/2019

UPDATE 1-GM's mid-engine Corvettes roar onstage to take on Europeans General Motors Co unveiled on Thursday its newly designed mid-engine 2020 Corvette in a splashy tribute to its emblematic sports car, even as the No....
06:56, 07/19/2019

WRAPUP 2-Japan, S.Korea diplomats trade words in escalating row over wartime forced labour Japanese Foreign Minister Taro Kono summoned South Korea's ambassador on Friday in a deepening diplomatic row over compensation for Korean wartime fo...
06:56, 07/19/2019

Mexico arrests former Pemex security head with allegations of fuel theft The Mexican attorney general's office said on Thursday it had arrested a retired general who was responsible for security at the state oil company Pe...
06:28, 07/19/2019

PRESS DIGEST- British Business - July 19 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their ac...
06:28, 07/19/2019

WRAPUP 1-Japan summons S.Korea envoy in escalating row over wartime forced labour Japanese Foreign Minister Taro Kono summoned South Korea's ambassador on Friday in a deepening diplomatic row over compensation for Korean wartime fo...
06:28, 07/19/2019

Japan shares bounce as Fed signals rate cut, chip sector gains Japanese stocks rebounded in Friday morning trade, tracking Wall Street moves and clawing back some of the previous session's decline, with the semic...
06:28, 07/19/2019

Morning News Call - India, July 19 To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_07192019.pdf ...
06:28, 07/19/2019

UPDATE 1-Icahn launches proxy fight after stalled talks with Occidental CEO Activist investor Carl Icahn formally launched on Thursday a proxy fight against Occidental Petroleum to win control of four board seats, a regulator...
06:28, 07/19/2019

Walmart de Mexico reports 2nd qtr net profit up nearly 10% Walmart de Mexico, Mexico's largest retailer, on Thursday reported second quarter net profit of 8.75 billion pesos ($455.8 million), a jump of nearly...
02:14, 07/19/2019

Peru's Vizcarra says Southern Copper must resolve local concerns at Tia Maria mine Peru's President Martín Vizcarra said on Thursday that Southern Copper Corp's must resolve issues with protesting local residents at its Tia Maria mi...
02:14, 07/19/2019

UPDATE 2-Trump says looking closely at Amazon's bid on $10 bln Pentagon contract U.S. President Donald Trump said on Thursday his administration was looking closely at Amazon.com's bid on a $10 billion cloud contract with the Defe...
02:14, 07/19/2019

Boeing takes $4.9 bln charge related to 737 MAX Boeing said on Thursday it would take an after-tax charge of $4.9 billion in the second quarter related to estimated disruptions from the grounding o...
02:14, 07/19/2019

AT&T explores sale of its Puerto Rico business -sources AT&T Inc is exploring options for its business in Puerto Rico that could include a potential sale for around $3 billion, people familiar with the mat...
02:14, 07/19/2019

EMERGING MARKETS-Latin American currencies rally on dovish Fed comments Latin American currencies rose on Thursday as the dollar fell, with the Brazilian real also hitting four-month highs on optimism over the country's p...
02:14, 07/19/2019

UPDATE 1-Second opioid distributor charged over role in U.S. drug epidemic An Ohio drug wholesale distributor and two former executives were charged on Thursday with profiting from the U.S. opioid epidemic by selling million...
02:14, 07/19/2019

UPDATE 1-U.S.-based equity ETFs attract $8.8 bln as bull market roars on Investors took advantage of soaring stock markets, putting $8.8 billion to work in U.S.-based equity exchange-traded funds in the week ended Wednesda...
02:14, 07/19/2019

REFILE-Goldman Sachs' equities-backed earnings results may face pressure Booming stock markets around the globe helped Goldman Sachs Group Inc offset declines in other businesses last quarter, but those gains may not be su...
02:14, 07/19/2019

Brazil's Monashees buys stake in plant-based meat producer Fazenda Futuro Brazilian plant-based meat producer Fazenda Futuro said on Thursday it has received its first round of investments, led by venture capital firm Monas...
02:14, 07/19/2019

ERAPSCO awarded $1.04 billion U.S. defense contract -Pentagon ERAPSCO, a joint venture between Sparton Corp and a subsidiary of Ultra Electronics, was awarded a $1.041 billion U.S. defense contract on Thursday t...
02:14, 07/19/2019

UPDATE 4-Boeing takes $4.9 bln charge for prolonged grounding of 737 MAX planes Boeing Co said on Thursday it would take an after-tax charge of $4.9 billion in the second quarter on estimated disruptions from the prolonged ground...
02:14, 07/19/2019

UPDATE 4-Microsoft shares hit record highs, powered by growing cloud sales Microsoft Corp on Thursday beat analysts' estimates for fourth-quarter revenue and profit, driven by continued sales increases from its cloud busines...
02:14, 07/19/2019

UK's new PM must take 5G decision on Huawei urgently -committee The new prime minister must take a decision on whether to include China's Huawei in Britain's 5G telecoms network urgently as the ongoing debate is d...
02:14, 07/19/2019

UPDATE 3-Mothers' Day surprise helps Walmart in Mexico to profit jump Walmart de Mexico, Mexico's largest retailer, on Thursday reported a nearly 10% jump in second-quarter net profit, beating expectations as higher tra...
02:14, 07/19/2019

U.S. airline group says it had a 'productive meeting' with Trump on Qatar A U.S. airline industry group said it had a "productive" meeting on Thursday with President Donald Trump, who "shares our concerns" about accusations...
02:14, 07/19/2019

UPDATE 4-Trump meets with airline CEOs over Qatar subsidy accusations U.S. President Donald Trump met on Thursday with the chief executives of major American airlines to discuss their accusations that subsidies by Qatar...
02:14, 07/19/2019

OFFICIAL CORRECTION-Israel's Azrieli buys stake in data centres firm Compass for $135 mln Israeli real estate developer Azrieli Group said on Thursday it was acquiring 20% of Compass Holdco for $135 million for its first investment in the ...
21:14, 07/18/2019

AB InBev explores asset sale after dropping Asia IPO plan -WSJ Anheuser-Busch InBev is considering selling off business units in South Korea, Australia and Central America to cut its massive debt, after cancellin...
21:14, 07/18/2019

UPDATE 3-U.S. House passes bill to raise federal minimum wage to $15 an hour The U.S. House of Representatives on Thursday passed legislation to raise the federal minimum wage to $15 an hour by October 2025, a big win for work...
21:14, 07/18/2019

Trump to meet airline executives to discuss 'competition and transparency' U.S. President Donald Trump will meet with top executives from a handful of airlines on Thursday to discuss "competition and transparency," a White H...
21:14, 07/18/2019

Bidders line up offers for Portugal's largest motorway operator Brisa- sources At least three infrastructure funds and a Spanish toll road operator are lining up offers for a stake in Portugal's largest motorway manager Brisa, t...
21:14, 07/18/2019

UPDATE 2-Trump to meet with airline CEOs on Qatar flights U.S. President Donald Trump planned to meet on Thursday with the chief executives of major American airlines and Qatar Airways to discuss their accus...
21:14, 07/18/2019

Houston crude prices drop as new pipelines add supplies -traders West Texas Intermediate crude at Magellan East Houston this week traded at the weakest level in almost a year as new pipelines from the Permian Basin...
21:14, 07/18/2019

UPDATE 3-Union Pacific cost cuts sheltered profit amid freight slowdown Union Pacific Corp on Thursday reported a quarterly profit that beat Wall Street estimates, as the U.S. railroad operator cut costs and raised rates ...
21:14, 07/18/2019

UPDATE 1-Trump says he's looking closely at Amazon contract with Pentagon U.S. President Donald Trump said on Thursday his administration was looking closely at Amazon's contract with the U.S. Defense Department after getti...
21:14, 07/18/2019

New York awards offshore wind contracts to Equinor, Orsted New York on Thursday awarded two major offshore wind contracts to Norway's Equinor and a joint venture between Denmark's Orsted and U.S. utility Ever...
21:14, 07/18/2019

Second opioid distributor charged over U.S. overdose crisis An Ohio drug wholesale distributor and two former executives on Thursday were charged with profiting from the U.S. opioid epidemic by selling million...
21:14, 07/18/2019

Trump says no decision yet on Turkey sanctions over its Russian purchase U.S. President Donald Trump said on Thursday his administration has not ruled out imposing sanctions on Turkey over its purchase of a Russian air def...
21:14, 07/18/2019

Martin Shkreli loses appeal of conviction, sentence A federal appeals court on Thursday upheld the conviction and seven-year prison term of former pharmaceutical executive Martin Shkreli for defrauding...
17:42, 07/18/2019

US STOCKS SNAPSHOT-Wall Street opens lower as Netflix plunges U.S. stocks opened lower on Thursday as shares of streaming pioneer Netflix tumbled, kicking off earnings for the FAANG group of stocks on a sour not...
17:42, 07/18/2019

UnitedHealth will not change its stance on rebates - CEO UnitedHealth Group Inc will stick to its plan to implement point-of-sale rebates to all its members, Chief Executive Officer David Wichmann said on T...
17:42, 07/18/2019

Airbus closes in on Air France jetliner deal - sources Airbus is close to a deal worth billions of dollars to sell dozens of A320neo-family and smaller A220 aircraft to Air France as the French network ca...
17:42, 07/18/2019

CANADA STOCKS-TSX falls as material stocks decline Canada's main stock index fell on Thursday as the materials sector slid tracking lower gold prices, while investors waited for the latest development...
17:42, 07/18/2019

UPDATE 2-Union Pacific quarterly profit beats estimates on price gains Union Pacific Corp on Thursday reported a quarterly profit that beat Wall Street estimates, as the U.S. railroad operator cut costs and raised prices...
17:42, 07/18/2019

U.S. DoJ may sue to block Sprint, T-Mobile merger - CNBC The U.S. Department of Justice would sue to block the merger of T-Mobile US Inc and Sprint Corp if the parties do not settle next week, CNBC tweeted ...
17:42, 07/18/2019

UPDATE 1-Airbus closes in on Air France jetliner deal - sources Airbus is close to a deal worth billions of dollars to sell dozens of A320neo-family and smaller A220 aircraft to Air France as the French network ca...
17:42, 07/18/2019

Evercore set to lose out as Aramco reshuffles IPO roles -sources Boutique investment bank Evercore Partners has lost the chance to retain a prime position as an independent advisor for Saudi Aramco's potential $100...
17:42, 07/18/2019

Russian tainted oil suspect detained in Lithuania - TASS Roman Ruzhechko, a suspect in a Russian investigation into a major oil pipeline contamination earlier this year, has been detained in Lithuania, TASS...
17:42, 07/18/2019

Ivory Coast sells 1.6 mln T of cocoa export contracts by July 12 - CCC sources * Ivory Coast's Coffee and Cocoa Council (CCC) has sold 1.6 million tonnes of cocoa export contracts by July 12 for the 2019/20 season, which begins ...
17:42, 07/18/2019

UPDATE 2-'Pharma Bro' Martin Shkreli to stay behind bars, loses appeal of conviction A federal appeals court upheld the conviction and seven-year prison term of Martin Shkreli, the pharmaceutical executive known as "Pharma Bro," for d...
17:42, 07/18/2019

UPDATE 1-U.S. Justice Department may sue to block Sprint, T-Mobile merger - CNBC The U.S. Justice Department would sue to block the merger of T-Mobile US Inc and Sprint Corp if the parties do not settle next week, CNBC reported on...
17:42, 07/18/2019

Honeywell Brazil oil unit's Petrobras ties targeted by FCPA probe-filing U.S. and Brazilian authorities are investigating whether Honeywell International Inc's use of third parties in Brazil violated the U.S. Foreign Corru...
17:42, 07/18/2019

EMERGING MARKETS-Latam stocks buck global equity gloom; FX gains Latin America stocks edged higher on Thursday, bucking the global equities gloom, while a tepid dollar and higher oil prices lifted currencies of cru...
17:42, 07/18/2019

In global LNG glut, Spain curbs deliveries as tanks test limits of capacity Traders in liquefied natural gas (LNG) trying to find the best destination for it in an oversupplied market are having problems delivering into Spain...
15:14, 07/18/2019

CANADA STOCKS-TSX futures edge up as oil prices rise Futures pointed to a higher opening for Canada's main stock index on Thursday, as oil prices gained after Iran said it had seized a foreign tanker sm...
15:14, 07/18/2019

UPDATE 1-EU clears Vodafone's $22 billion Liberty deal Brussels gave its blessing to Vodafone's $22 billion purchase of Liberty Global's cable networks in Germany and central Europe, clearing the way for ...
15:14, 07/18/2019

UPDATE 1-Turkey says defence firms face temporary losses after F-35 removal Turkish defence companies may face temporary losses after a U.S. decision to remove Ankara from the F-35 fighter jet programme but the industry will ...
15:14, 07/18/2019

US STOCKS-Futures edge lower as Netflix tumbles U.S. stock futures slipped on Thursday after streaming pioneer Netflix posted its first drop in U.S. subscribers since 2011, kicking off earnings for...
15:14, 07/18/2019

Ukraine leader calls on anti-graft bodies to probe subsidies to poultry producer Ukraine's President called on Thursday for anti-corruption bodies to investigate how the country's leading agriculture company MHP SE received substa...
15:14, 07/18/2019

Union Pacific revenue falls 1.3%, hit by lower freight volumes U.S. railroad operator Union Pacific Corp on Thursday reported a 1.3% fall in revenue, as a severe flood in the Midwest and the ongoing U.S.-China tr...
15:14, 07/18/2019

UPDATE 1-Morgan Stanley profit beats on wealth management focus Morgan Stanley reported a drop in quarterly profit but beat analysts' expectations on slim gains in its wealth management business and lower expenses...
15:14, 07/18/2019

UPDATE 2-Volvo Cars to cut costs as trade war dents profits Volvo plans to cut fixed costs by 2 billion Swedish crowns ($214 million), it said on Thursday, becoming the latest carmaker to warn that pricing pre...
15:14, 07/18/2019

CORRECTED-Online bank N26 extends latest funding round in expansion push Berlin-based N26 said on Thursday it raised an additional $170 million in its latest funding round, driving up its valuation to $3.5 billion, as the ...
15:14, 07/18/2019

UPDATE 1-Union Pacific quarterly profit beats estimates on price gains Union Pacific Corp on Thursday reported a quarterly profit that beat Wall Street estimates, as the U.S. railroad operator raised prices that helped o...
15:14, 07/18/2019

Southwest joins U.S. rivals in removing Boeing 737 MAX till early November Southwest Airlines Co said on Thursday it was removing Boeing Co's 737 MAX jets from its flight schedule till early November, joining recent moves by...
15:14, 07/18/2019

CORRECTED-Coca-Cola HBC to launch Costa Coffee products in several markets in 2020 Soft drink bottler Coca-Cola HBC AG said on Thursday it will launch Costa Coffee products in several markets next year, months after Coca-Cola Co bou...
15:14, 07/18/2019

UPDATE 2-Blackstone reports better-than-expected Q2 distributable earnings Blackstone Group Inc, the world's largest manager of alternative assets such as private equity and real estate, said on Thursday its distributable ea...
15:14, 07/18/2019

METALS-Nickel strikes 1-yr highs as rally picks up speed Shanghai nickel prices rose more than 4% in early trade on Thursday to a one-year high, extending a rally for the metal into a ninth day as speculato...
07:56, 07/18/2019

Japan to lead development of SWIFT network for cryptocurrency -source Japan's government is leading a global push to set up an international network for cryptocurrency payments, similar to the SWIFT network used by bank...
07:56, 07/18/2019

UPDATE 2-Japan may take S.Korea wartime labour dispute to International Court of Justice-NHK Japan is considering taking a dispute with South Korea over its compensation for wartime forced labourers to the International Court of Justice as th...
07:56, 07/18/2019

Australian shares edge lower as energy firms lead losses, NZ up Australia shares eased on Thursday, tracking declines on Wall Street while the energy sector led losses due to softer oil prices and Woodside Petrole...
07:56, 07/18/2019

UPDATE 1-Japan to lead development of SWIFT network for cryptocurrency -source Japan's government is leading a global push to set up an international network for cryptocurrency payments, similar to the SWIFT network used by bank...
07:56, 07/18/2019

Morning News Call - India, July 18 To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_07182019.pdf ...
07:56, 07/18/2019

Volvo Cars launches cost cutting measures as trade war dents profit again Sweden's Volvo announced new measures to cut fixed costs by 2 billion Swedish crowns ($214 million) on Thursday, as it became the latest carmaker to ...
07:56, 07/18/2019

Online bank N26 extends latest funding round in expansion push Berlin-based N26 said on Thursday it raised an additional $170 million in its latest funding round, driving up its valuation to $3.5 billion, as the ...
07:56, 07/18/2019

Wirecard deal with AUTO1 first fruit of SoftBank alliance German payments company Wirecard AG said on Thursday it was teaming up with car-dealing platform AUTO1 Group to offer digital financial services to c...
07:56, 07/18/2019

U.S. officials wonder: Did Turkish leader's coup memories drive Russia arms deal? For some U.S. officials, the Trump administration's failure to persuade Turkey not to buy a Russian air defense system may have its roots in a coup a...
07:56, 07/18/2019

SAP says big margin gains to wait till 2020 SAP told investors they can expect a major improvement in margins only next year as the German business software group reported a 21% decline in seco...
07:56, 07/18/2019

UPDATE 1-SAP says big margin gains to wait till 2020 SAP told investors they can expect a major improvement in margins only next year as the German business software group reported a 21% decline in seco...
07:56, 07/18/2019

UPDATE 1-California settles decades-long lawsuit over lead paint, but outcome is bittersweet When Californian counties and cities first sued paint makers in 2000, they wanted the companies to pay billions to remove dangerous old lead paint fr...
02:14, 07/18/2019

UPDATE 6-Boeing to make $50 mln in payments to 737 MAX crash victims' families Boeing Co said on Wednesday it will dedicate half of a $100 million fund it created after two crashes of its 737 MAX planes to provide payments to fa...
02:14, 07/18/2019

U.S. government report on housing finance reform is 'essentially done' -regulator The Trump administration's report on overhauling the country's housing market is "essentially done" and could be released in late August or September...
02:14, 07/18/2019

UPDATE 1-Survey company Dynata up for sale for more than $3 bln -sources Buyout firms Court Square Capital Management LP and HGGC LLC are exploring the sale of Dynata LLC, a U.S. survey research company whose value could e...
02:14, 07/18/2019

Kinder Morgan moves ahead with pipeline connection to Houston Kinder Morgan Inc will go ahead with a South Texas pipeline connection that would transport crude from Phillips 66's 900,000 barrel-per-day (bpd) Gra...
02:14, 07/18/2019

UPDATE 4-Bank of America trims net interest income guidance Bank of America Corp lowered its annual net interest income guidance on Wednesday to reflect a weakened interest rate environment as the second-large...
02:14, 07/18/2019

Fannie, Freddie to eventually end buying LIBOR mortgages -FHFA's Calabria Fannie Mae and Freddie Mac will eventually halt purchases of U.S. home loans linked to the London interbank offered rate as that index is set to be p...
02:14, 07/18/2019

UPDATE 1-Fannie, Freddie to eventually end buying of LIBOR mortgages -FHFA's Calabria Fannie Mae and Freddie Mac will eventually halt purchases of U.S. home loans linked to the London interbank offered rate (LIBOR) as that index is set...
02:14, 07/18/2019

UPDATE 2-Kinder Morgan moves ahead with pipeline connection to Houston Kinder Morgan Inc will go ahead with a South Texas pipeline connection that would transport crude from Phillips 66's 900,000 barrel-per-day (bpd) Gra...
02:14, 07/18/2019

UPDATE 3-U.S. removing Turkey from F-35 program after its Russian missile defense purchase The United States said on Wednesday that it was removing Turkey from the F-35 fighter jet program, a move long threatened and expected after Ankara b...
02:14, 07/18/2019

UPDATE 3-Massachusetts prosecutors drop Kevin Spacey sex assault case Massachusetts prosecutors on Wednesday dropped a criminal case accusing former "House of Cards" star Kevin Spacey of sexually assaulting an 18-year-o...
02:14, 07/18/2019

MercadoLibre preps to offer investment platform for e-wallet users MercadoLibre Inc, Latin America's top e-commerce platform, is taking its latest step into the world of banking, saying on Wednesday that it would sta...
02:14, 07/18/2019

Australia's Santos posts record quarterly production Australia's No 2 independent gas producer Santos Ltd said on Thursday it had clocked record gas production in the second quarter on stronger output a...
02:14, 07/18/2019

UPDATE 1-Netflix to roll out cheaper mobile-only plan in India Netflix Inc said on Wednesday it would roll out a lower-priced mobile-only plan in India, tapping into a price-sensitive market where data consumptio...
02:14, 07/18/2019

U.S. House rejects Saudi weapons sales; Trump to veto The U.S. House of Representatives backed resolutions on Wednesday to block the sale of precision-guided munitions to Saudi Arabia and the United Arab...
02:14, 07/18/2019

UPDATE 2-Brazil eyes stimulus package to mark 200 days of Bolsonaro's government Brazilian President Jair Bolsonaro said on Wednesday his government will announce an economic stimulus package this week to revive flagging growth, c...
02:14, 07/18/2019

UPDATE 1-U.S. reform plan for Fannie, Freddie seen by Sept. -housing regulator The Trump administration's hotly anticipated blueprint for overhauling mortgage guarantors Fannie Mae and Freddie Mac may not be published until Sept...
02:14, 07/18/2019

WHO declares Ebola outbreak is international health emergency The World Health Organization declared the Ebola outbreak in Democratic Republic of Congo to be a "public health emergency of international concern",...
22:00, 07/17/2019

Andrew Left's Citron Capital posted net return of 24.7% in 1st half of 2019 Andrew Left's Citron Capital posted a net return of 24.7% after fees and expenses in the first half of 2019, according to an investment letter posted...
22:00, 07/17/2019

White House says Turkey's involvement in F-35 program "impossible" The White House said on Wednesday that Turkey's decision to purchase the Russian S-400 air defense system renders its continued involvement in the F-...
22:00, 07/17/2019

FOCUS-Oil service firms eye new survival tactics amid weak U.S. market Packers Plus Energy Services, a company built on the North American shale oil boom, is turning to the Middle East to weather a new round of spending ...
22:00, 07/17/2019

UPDATE 1-Andrew Left's Citron Capital posted net return of 24.7% in 1st half of 2019 Andrew Left's Citron Capital posted a net return of 24.7% after fees and expenses in the first half of 2019, according to an investment letter posted...
22:00, 07/17/2019

Pop culture hit 'Gossip Girl' gets a makeover for HBO Max "Gossip Girl," the show that became a youth culture phenomenon with its trend-setting fashion and chronicling of the romantic lives of elite New York...
22:00, 07/17/2019

UPDATE 1-White House says Turkey's involvement in F-35 program 'impossible' The White House said on Wednesday that Turkey's decision to purchase the Russian S-400 air defense system renders its continued involvement in the F-...
22:00, 07/17/2019

WRAPUP 3-U.S. housing market stuck in a rut even as mortgage rates fall U.S. homebuilding fell for a second straight month in June and permits dropped to a two-year low, suggesting the housing market continued to struggle...
22:00, 07/17/2019

UPDATE 1-Paint makers reach $305 mln settlement in California, ending marathon lead poisoning lawsuit After a 19-year legal struggle, three former makers of lead paint have agreed to a $305 million settlement with California county and city government...
22:00, 07/17/2019

UPDATE 5-U.S. lawmakers challenge Facebook over Libra cryptocurrency plan U.S. lawmakers bashed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both partie...
22:00, 07/17/2019

Survey company Dynata up for sale for more than $3 bln -sources Buyout firms Court Square Capital Management LP and HGGC LLC are exploring the sale of Dynata LLC, a U.S. survey research company whose value could e...
22:00, 07/17/2019

Pentagon removing Turkey from F-35 program after its purchase of Russian missile defense The United States said on Wednesday that it was removing Turkey from the F-35 fighter jet program, a move that had been long threatened and expected ...
22:00, 07/17/2019

California settles decades-long lawsuit over lead paint, but outcome is bittersweet When Californian counties and cities first sued paint makers in 2000, they wanted the companies to pay billions to remove dangerous old lead paint fr...
22:00, 07/17/2019

UPDATE 1-U.S. money fund assets fall from 9-1/2-year peak -iMoneyNet U.S. money market fund assets retreated from their highest level in more than 9-1/2 years as their yields tumbled in the latest week, the Money Fund ...
22:00, 07/17/2019

CORRECTED-GLOBAL MARKETS-Trade concerns dent stocks; U.S. Treasury yields fall A gauge of global stocks declined for a second straight session and U.S. Treasury yields fell as trade concerns again began to bubble and U.S. earnin...
19:28, 07/17/2019

Consensus among G7 ministers to tackle Facebook's Libra - French chair G7 ministers meeting in France on Wednesday agreed on the need to confront the emergence of digital currencies following Facebook's plans to launch i...
19:28, 07/17/2019

EXPLAINER-What is the EU's antitrust investigation into Amazon about? The European Commission has opened a formal antitrust investigation to assess whether Amazon's use of sensitive data from independent retailers who s...
19:28, 07/17/2019

UPDATE 4-U.S. lawmakers challenge Facebook over Libra cryptocurrency plan U.S. lawmakers bashed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both partie...
19:28, 07/17/2019

UPDATE 4-Boeing to make $50 million in payments to 737 MAX crash victim families Boeing Co said on Wednesday it will dedicate half of a $100 million fund it created after two crashes of its 737 MAX planes to provide payments to fa...
19:28, 07/17/2019

New man on the board to clean up Deutsche Bank's act The Qatari-backed lawyer tasked with trying to draw a line under Deutsche Bank's regulatory scandals has risen rapidly at the German bank, jumping to...
19:28, 07/17/2019

Paint makers reach $305 mln settlement in California, ending marathon lead poisoning lawsuit After a 19-year legal struggle, three former makers of lead paint have agreed to a $305 million settlement with California county and city government...
19:28, 07/17/2019

UPDATE 2-Downbeat Swedish earnings, oil slide hurt European shares European stock markets lost ground on Wednesday after three straight days of gains, with Swedish share prices hit by a slew of poor quarterly results...
19:28, 07/17/2019

Turkish banks have not yet agreed model to move bad loans off balance sheets -finance ministry Turkish banks have not yet agreed on a model for a fund that will remove problem loans in the construction and energy sectors off banks' balance shee...
18:42, 07/17/2019

Ohio Senate to vote on bill to save state's nuclear power plants The Ohio Senate will likely pass a bill on Wednesday that will create subsidies to avoid the early shutdown of the state's two nuclear power reactors...
18:42, 07/17/2019

REFILE-Starting with Netflix, FANG reports to test Wall St rally's mettle A wave of quarterly reports from Netflix and other top-tier, high-growth companies starting on Wednesday will test Wall Street's willingness to exten...
18:42, 07/17/2019

REFILE-RPT-Starting with Netflix, FANG reports to test Wall St rally's mettle A wave of quarterly reports from Netflix and other top-tier, high-growth companies starting on Wednesday will test Wall Street's willingness to exten...
18:42, 07/17/2019

EMERGING MARKETS-Latam stocks dip on U.S.-China trade jitters; Currencies rise Latin American stock indices were subdued on Wednesday as a re-emergence of trade tensions between the United States and China kept investors on the ...
18:42, 07/17/2019

UPDATE 3-Boeing to spend $50 million to support 737 MAX crash victim families Boeing Co said on Wednesday it will dedicate half of a $100 million fund it created to address two crashes of its 737 MAX planes to financial relief ...
18:42, 07/17/2019

UPDATE 2-Omnicom maintains 2019 forecast after quarterly profit beat U.S. advertising company Omnicom Group Inc kept its full-year sales growth forecast unchanged after reporting better-than-expected quarterly profit, ...
18:42, 07/17/2019

UPDATE 1-U.S. crude oil stockpiles drop amid Barry, fuel posts large builds - EIA U.S. crude oil stockpiles fell more than expected last week, while gasoline and distillate inventories rose sharply, the Energy Information Administr...
18:42, 07/17/2019

UPDATE 1-Fifth Wall raises $503 mln from property owners seeking tech edge Fifth Wall, a venture capital firm focused on real estate technology, raised $503 million from a group of 50 large U.S., European and Asian property ...
18:42, 07/17/2019

UPDATE 3-U.S. lawmakers challenge Facebook over Libra cryptocurrency plan U.S. lawmakers quizzed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parti...
18:42, 07/17/2019

CORRECTED-Climate activists arrested for disrupting London's biggest concrete supplier Six climate activists were arrested on Tuesday after the Extinction Rebellion group disrupted London Concrete, the British capital's biggest supplier...
18:42, 07/17/2019

Sweden seeks lithium tie-ups in South America amid 'white gold' rush Sweden is turning its gaze towards Peru and other South American countries for lithium tie-ups amid a global race to lock in supply of the "white gol...
18:42, 07/17/2019

United says may not receive full delivery of 737 MAX by next year United Airlines Holdings may not receive complete delivery of Boeing Co's 737 MAX even by next year, Chief Financial Officer Gerry Laderman said on a...
18:42, 07/17/2019

UPDATE 1-IMF says regulators must address possible risks from Facebook's Libra Facebook Inc's planned cryptocurrency, Libra, could help boost financial inclusion, but also raises concerns about consumer protection, data privacy,...
18:42, 07/17/2019

Investors wade back into U.S. stocks as S&P 500 hits records Investors waded back into the U.S. stock market by buying mutual funds and exchange-traded funds that hold domestic stocks last week after pulling ou...
18:42, 07/17/2019

World's policymakers ready for action to control Libra: Italy's Tria The world's top financial policymakers gathering in France on Wednesday are worried about Facebook's plans to launch a digital currency and have deci...
18:42, 07/17/2019

Mexico needs 'counter-cyclical fiscal policy' to address slowdowns -finmin Mexican Finance Minister Arturo Herrera said on Tuesday that over time Mexico would need a "counter-cyclical fiscal policy" to address economic slowd...
05:56, 07/17/2019

UPDATE 3-Trump calls for inquiry into Google's work with China U.S. President Donald Trump said on Tuesday his administration would investigate whether Alphabet Inc's Google supports the Chinese government, follo...
05:56, 07/17/2019

GLOBAL MARKETS-Asia shares slip, dollar gains as sterling slides Asian shares drifted lower on Wednesday after a lacklustre performance by Wall Street, while the dollar got a lift from robust U.S. retail data and a...
05:56, 07/17/2019

Mexico finance minister says Pemex plan first step in dialogue with ratings agencies Mexico's newly appointed finance minister, Arturo Herrera, said on Tuesday that a business plan presented by state oil firm Pemex earlier in the day ...
05:56, 07/17/2019

WeWork to lease 21-storey prime office tower in Singapore Singaporean office landlord CapitaLand Commercial Trust (CCT) said on Wednesday it entered into an agreement under which co-working space firm WeWork...
05:56, 07/17/2019

PRESS DIGEST- British Business - July 17 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their ac...
05:56, 07/17/2019

UPDATE 5-Mexico unveils Pemex business plan, but banks underwhelmed Mexico on Tuesday unveiled parts of a keenly awaited business plan meant to bring the world's most indebted oil company back from the abyss, but its ...
05:56, 07/17/2019

S.Korea stocks skid over 1% as Trump remarks stoke trade worries Round-up of South Korean financial markets: ** South Korean shares fell over 1% on Wednesday as investors fretted about U.S. President Donald Tr...
05:56, 07/17/2019

Australian watchdog says Uber Eats will amend "unfair" contract terms Australia's competition watchdog said Uber Technologies Inc's food delivery service Uber Eats will amend its contract terms to accept more accountabi...
05:56, 07/17/2019

Tencent-backed live-streaming firm DouYu prices U.S. IPO at low end of range -sources DouYu International Holdings Ltd, China's largest live-streaming platform, on Tuesday sold $775 million in stock at a $3.73 billion valuation after p...
05:56, 07/17/2019

Brazil's Petrobras in talks to give back licenses in Uruguay- filing Brazil's state-controlled oil company Petroleo Brasileiro SA is in talks with the Uruguayan government to give back licenses to operate natural gas d...
05:56, 07/17/2019

UPDATE 1-Tencent-backed live-streaming firm DouYu prices U.S. IPO at low end of range DouYu International Holdings Ltd, China's largest live-streaming platform, on Tuesday said it sold $775 million in stock at a $3.73 billion valuation...
05:56, 07/17/2019

Nikkei drifts lower on U.S.-China trade uncertainty Japan's Nikkei edged lower on Wednesday after U.S. President Donald Trump's comments on trade soured risk sentiment, while tech shares and chip-relat...
05:56, 07/17/2019

UPDATE 1-Mexico's America Movil Q2 net profit jumps on forex gains Mexican telecommunications company America Movil on Tuesday reported a surge in its second-quarter net profit on the back of foreign exchange gains, ...
05:56, 07/17/2019

Morning News Call - India, July 17 To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_07172019.pdf ...
05:56, 07/17/2019

UPDATE 1-Amazon offers $10 to Prime Day shoppers who hand over their data Amazon.com Inc has a promotion for U.S. shoppers on Prime Day, the 48-hour marketing blitz that started Monday: Earn $10 of credit if you let Amazon ...
01:42, 07/17/2019

U.S. House votes to block Trump bid to ease small-arms exports Legislation approved by the U.S. House of Representatives would block President Donald Trump's plan to overhaul small-arms export policy to make it e...
00:28, 07/17/2019

Uber launches in Hamburg, now live in six German cities Uber said on Wednesday it was launching ride-hailing services in Germany's second city, Hamburg, as it seeks to achieve scale in a country where it h...
00:28, 07/17/2019

UPDATE 2-U.S. lawmakers take jabs at Amazon, Big Tech in antitrust hearing Lawmakers on the House Judiciary Committee's antitrust panel on Tuesday pressed an executive from Amazon.com Inc on allegations that it competed agai...
00:28, 07/17/2019

UPDATE 1-U.S. offshore oil production remains cut by 58% -U.S. government More than half the daily crude production in the U.S. Gulf of Mexico remained offline on Tuesday in the wake of Hurricane Barry, the U.S. drilling re...
23:56, 07/16/2019

SEC reaches $60 mln settlements involving ex-American Realty executives Two former executives at American Realty Capital Properties Inc, including the onetime billionaire who built it, have reached more than $60 million i...
23:56, 07/16/2019

UPDATE 3-Mexico teases Pemex plan, banks say unimpressed Mexico on Tuesday unveiled part of its keenly-awaited business plan, meant as a road map to bring the world's most indebted oil company back to finan...
23:56, 07/16/2019

US STOCKS SNAPSHOT-U.S. stocks end lower on concerns about bank earnings, trade Wall Street stocks edged lower on Tuesday as quarterly results from banks added to concerns about lower interest rates dampening profits, while comme...
23:56, 07/16/2019

EMERGING MARKETS-Mexico's markets weaken as Pemex plan underwhelms A resurgent dollar piled pressure on Latin American currencies on Tuesday, with the Mexican peso leading losses as investors were disappointed by a n...
23:56, 07/16/2019

CSX profit falls on trade-related weakness CSX Corp on Tuesday reported a quarterly profit that missed Wall Street's view after weakness in its trade-related intermodal business - which involv...
23:56, 07/16/2019

United Airlines quarterly profit beats on strong travel demand, higher fares United Airlines Holdings Inc on Tuesday reported a greater-than-expected increase in second-quarter profit, driven by strong air travel demand and th...
23:56, 07/16/2019

Pemex's credit default swaps rise after Mexico finmin's surprise resignation Following the surprise resignation of Mexican finance minister Carlos Urzua last week and doubts over what the business plan for state oil company Pe...
23:56, 07/16/2019

Mexican auto parts maker Nemak to shut Canadian plant after loss of Chinese client Mexican auto parts maker Nemak said on Wednesday it will close a manufacturing plant in Windsor, Canada, by mid-2020 after the loss of a Chinese clie...
23:56, 07/16/2019

Mexico's Pemex cannot comply with reduced sulfur content rule -company document Mexican state oil company Petroleos Mexicanos, or Pemex, cannot currently comply with a new rule requiring less sulfur content for motor diesel, acco...
23:56, 07/16/2019

UPDATE 1-Puerto Rico governor vows to remain in office after violent protests Puerto Rico Governor Ricardo Rossello said on Tuesday he will stay in office despite protests calling for his resignation that turned violent overnig...
23:56, 07/16/2019

U.S. Justice Dept asks appeals court to pause antitrust ruling against Qualcomm The U.S. Justice Department asked a federal appeals court to pause the enforcement of a sweeping antitrust ruling against mobile chip supplier Qualco...
23:56, 07/16/2019

UPDATE 1-SEC reaches $60 mln settlements involving ex-American Realty executives Two former executives at American Realty Capital Properties Inc, including the onetime billionaire who built it, have reached more than $60 million i...
23:56, 07/16/2019

UPDATE 2-New York City can ban ads inside Uber, Lyft vehicles -U.S. appeals court A federal appeals court on Tuesday said New York City can ban advertising inside vehicles driven for companies such as Uber and Lyft, handing a victo...
23:56, 07/16/2019

UPDATE 2-United tops profit estimates as MAX woes prompt higher fares in robust travel market United Airlines Holdings Inc on Tuesday reported a bigger-than-expected increase in second-quarter profit, driven by strong air travel demand and the...
23:56, 07/16/2019

UPDATE 2-U.S. Justice Dept asks appeals court to pause antitrust ruling against Qualcomm The U.S. Justice Department asked a federal appeals court to pause the enforcement of a sweeping antitrust ruling against mobile chip supplier Qualco...
23:56, 07/16/2019

U.S. senators criticize FTC's reported Facebook settlement Three U.S. senators who have been frequent critics of U.S. tech giants wrote a letter to the Federal Trade Commission on Tuesday to criticize its rep...
20:42, 07/16/2019

UPDATE 1-Trump says 'will take a look' at accusations over Google, China U.S. President Donald Trump said early Tuesday his administration would investigate accusations that Alphabet Inc's Google worked with the Chinese go...
20:42, 07/16/2019

UPDATE 2-Mexico teases Pemex plan, sticks with $7 bln tax cut and new refinery Mexico will reduce taxes on heavily indebted Pemex by some $7 billion over the next two years, injecting capital for a refinery and higher output, th...
20:42, 07/16/2019

Mexico official says no major impact in Grupo Mexico sulfuric acid spill A sulfuric acid spill in the Gulf of California at a site belonging to mining and transport firm Grupo Mexico would not likely cause a "major impact,...
20:42, 07/16/2019

UPDATE 1-U.S. senators criticize FTC's reported Facebook settlement Three U.S. senators who have been frequent critics of U.S. tech giants wrote a letter to the Federal Trade Commission on Tuesday to criticize its rep...
20:42, 07/16/2019

WRAPUP 3-U.S. retail sales ease fears over economy; rate cut still seen U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the econo...
20:42, 07/16/2019

UPDATE 3-Amazon U.S. rivals get sales boost on Prime Day -Adobe Several large U.S. retailers recorded higher sales on the first day of Amazon.com Inc's Prime Day shopping event as online shoppers also flocked to t...
20:42, 07/16/2019

Peruvian president rejects call to cancel copper mining project permit amid protests Peruvian President Martin Vizcarra rejected the demand of a regional governor on Tuesday to cancel within 72 hours the construction permit for a copp...
20:42, 07/16/2019

UPDATE 1-UAW president to GM: We invested in you, now invest in us The UAW and General Motors Co on Tuesday formally kicked off contract talks, with the union's president calling on the automaker to keep open plants ...
20:42, 07/16/2019

UPDATE 4-Wells Fargo tempers cost-cutting outlook Wells Fargo & Co reported higher quarterly earnings on Tuesday, due in part to lower expenses, but the bank reined in its outlook for cost cuts to in...
20:42, 07/16/2019

UPDATE 2-HBO, 'Game of Thrones' lead nominations for TV's Emmy awards HBO and its medieval fantasy blockbuster "Game of Thrones" led nominations, as expected, on Tuesday for the Emmy Awards, but the list of contenders f...
20:42, 07/16/2019

Five things to look for in Netflix's second-quarter report When Netflix Inc reports second-quarter earnings on Wednesday, a big question is how the streaming giant will handle a slew of new competitors bargin...
20:42, 07/16/2019

UPDATE 3-JPMorgan beats profit estimates but shows signs of pressure JPMorgan Chase & Co reported a quarterly profit that beat estimates on Tuesday as higher interest income and consumer lending offset lower activity a...
20:42, 07/16/2019

UPDATE 2-Brazil development bank BNDES eyes sale of $27 bln in listed assets Brazilian development bank BNDES is looking to expedite the sale of nearly 100 billion reais ($26.6 billion) in listed assets, its new chief executiv...
20:42, 07/16/2019

U.S. SEC chief says he has not discussed Libra with Facebook A top U.S. financial market regulator said on Tuesday he has not discussed with Facebook its Libra currency proposal, nearly a month after the social...
20:42, 07/16/2019

Walmart Chile reaches agreement with union workers to end six-day strike Walmart Chile said its store locations would resume normal operations on Tuesday after it reached an agreement with a union of 17,000 workers who wal...
18:42, 07/16/2019

REFILE-UPDATE 2-JPMorgan profit beats estimates on lending strength; net interest margin dips JPMorgan Chase & Co reported a better-than-expected quarterly profit on Tuesday as higher interest income and buoyant consumer lending offset lower ...
18:42, 07/16/2019

REFILE-WRAPUP 1-Big banks beat profit expectations but warning signs grow Three big U.S. banks reported strong earnings on Tuesday, even as warning signs emerged that the playing field is beginning to tilt against the finan...
18:42, 07/16/2019

UPDATE 2-Brazil carrier Oi to raise $2 bln by selling non-core assets to focus on FTTH Brazilian telecom carrier Oi SA disclosed on Tuesday a new strategic plan aiming to divest up to 7.5 billion reais ($2 billion) in non-core assets an...
18:42, 07/16/2019

UPDATE 3-U.S. senators grill Facebook on its plans for Libra cryptocurrency Facebook Inc is "delusional" to believe people will trust it with their money, a U.S. senator said on Tuesday as lawmakers from both sides of the ais...
18:42, 07/16/2019

Brazil development bank BNDES eyes sale of $27 bln in listed assets Brazilian development bank BNDES is looking to expedite the sale of nearly 100 billion reais ($26.62 billion) in listed assets, its new chief executi...
18:42, 07/16/2019

UPDATE 1-U.S. retailers gain online shoppers on Amazon's Prime Day: Adobe Several large U.S. retailers recorded higher sales on the first day of Amazon.com Inc's Prime Day shopping event as online shoppers also flocked to t...
18:42, 07/16/2019

UPDATE 3-J&J warns of hit from generic drugs in third quarter, shares fall Johnson & Johnson on Tuesday boosted its 2019 sales forecast amid robust demand for its cancer drugs, but warned that competition from generic and co...
18:42, 07/16/2019

UPDATE 1-U.S. home builder sentiment inches up in July -NAHB A private gauge of U.S. home builder sentiment increased in July as falling mortgage rates offset rising building costs and worries about global trad...
18:42, 07/16/2019

UPDATE 5-Goldman Sachs profit beats estimates, boosted by strong equities trading Goldman Sachs Group Inc reported a stronger-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from increased sto...
18:42, 07/16/2019

WRAPUP 2-Big banks beat profit expectations but warning signs grow Three big U.S. banks reported strong earnings on Tuesday even as warning signs emerged that the playing field is beginning to tilt against the financ...
18:42, 07/16/2019

UPDATE 1-Warren slams Trump's defense nominee, citing ethics concerns Democratic U.S. Senator Elizabeth Warren said on Tuesday that President Donald Trump's nominee Mark Esper should not be confirmed as defense secretar...
18:42, 07/16/2019

IMF must adapt to China's rise, fintech, to stay relevant-Lipton The International Monetary Fund must continue to adapt to rising economic powers such as China and new financial technologies to remain relevant in i...
16:56, 07/16/2019

UPDATE 1-Domino's shares slide as same-store sales disappoint Domino's Pizza Inc reported its slowest U.S. same-store sales growth in at least three years in the second quarter, driving shares lower and raising ...
16:56, 07/16/2019

UPDATE 3-Wells Fargo posts higher profit on cost controls, rise in loans Wells Fargo & Co reported higher quarterly profit on Tuesday despite flat revenue as the bank benefited from lower costs. Revenue declined at Wells' ...
16:56, 07/16/2019

Brazil fintech Nubank takes aim at small business owners Brazilian financial startup Nu Pagamentos SA is planning to launch digital accounts for small business owners, expanding its product portfolio beyond...
16:56, 07/16/2019

UPDATE 1-U.S. Senate opens hearing into Facebook plans for Libra cryptocurrency U.S. lawmakers from both sides of the aisle were set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw i...
16:56, 07/16/2019

Father whose family died in Ethiopian plane crash to brief Congress Before flying to Washington to climb the steps of Congress and testify to a crowd of aviation experts and lawmakers this week, Paul Njoroge spent a d...
16:56, 07/16/2019

Vale to adjust provisions for Brazil dam disaster in Q2 results Brazilian miner Vale SA may adjust provisions for a deadly dam burst in Brumadinho this year as part of its second-quarter results following a settle...
16:00, 07/16/2019

UPDATE 3-Goldman Sachs profit beats estimates, boosted by strong equities trading Goldman Sachs Group Inc reported a higher-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from higher equities...
16:00, 07/16/2019

UPDATE 1-Canadian Pacific quarterly profit rises on higher commodity shipments Canadian Pacific Railway reported a 33% rise in adjusted quarterly profit on Tuesday, as the country's second-largest railroad operator earned more f...
16:00, 07/16/2019

US STOCKS SNAPSHOT-Wall Street opens slightly lower after mixed bank reports U.S. stocks opened slightly lower on Tuesday as bank shares fell after a batch of mixed quarterly reports from Wall Street lenders JPMorgan Chase, Go...
16:00, 07/16/2019

MOVES-Credit Suisse hires Goldman banker for Middle East, Turkey, Africa job Credit Suisse has hired Hazem Shawki, a Goldman Sachs banker, as its new head of its Middle East, Turkey and Africa investment banking and capital ma...
16:00, 07/16/2019

CANADA STOCKS-TSX falls at open as energy stocks drop Canada's main stock index opened lower on Tuesday, weighed down by energy shares and miner Turquoise Hill Resources that fell after reporting second-...
16:00, 07/16/2019

UPDATE 2-Wells Fargo posts higher profit on cost controls, rise in loans Wells Fargo & Co reported higher quarterly profit on Tuesday despite flat revenue as the bank benefited from aggressive cost-cutting. Revenue decline...
16:00, 07/16/2019

UPDATE 1-Mexico sticks to $7 bln tax cut in Pemex plan, vows refinery support Mexico will reduce the tax burden of heavily indebted Pemex by some $7 billion over the next two years and inject government capital to build a new r...
16:00, 07/16/2019

UPDATE 1-Goldman Sachs profit beats expectations on equity trading, lending Goldman Sachs Group Inc reported a better-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from higher equity t...
15:28, 07/16/2019

UPDATE 2-JPMorgan profit beats estimates on lending strength; net interest margin dips JPMorgan Chase & Co reported a better-than-expected quarterly profit on Tuesday as higher interest income and buoyant consumer lending offset lower ...
15:28, 07/16/2019

UPDATE 2-Johnson & Johnson beats profit estimates on pharma strength, raises sales outlook Johnson & Johnson raised its full-year sales forecast as demand for its cancer drugs Darzalex and Imbruvica helped it exceed estimates for second-qu...
15:28, 07/16/2019

Brazil carrier Oi expects to raise up to $2 bln with non-core assets - filing Brazilian telecom carrier Oi SA said on Tuesday in its newly launched strategic plan it expects to raise between 6.5 billion reais and 7.5 billion re...
15:28, 07/16/2019

UPDATE 1-Wells Fargo profit beats estimates on cost controls, rise in loans Wells Fargo & Co beat analysts' estimates for quarterly profit on Tuesday, as the fourth-largest U.S. bank benefited from an uptick in lending and a...
15:28, 07/16/2019

Mexico doubles down on refinery, vows deeper Pemex tax breaks Mexico will recapitalize state oil company Pemex and reduce its tax burden to help build a new refinery and raise production from onshore and shallow...
15:28, 07/16/2019

Softbank's Arm Holdings eases upfront license costs Arm Holdings, the British chip technology firm whose designs underlie mobile phone chips, is changing its licensing model to pursue a bigger customer...
15:28, 07/16/2019

Von der Leyen takes aim at U.S. tech giants' low tax bill in Europe Germany's Ursula von der Leyen, seeking to become the first female head of the European Commission, has said she wants U.S. tech giants to pay "fair ...
15:28, 07/16/2019

UPDATE 1-Brazil carrier Oi expects to raise up to $2 bln with non-core asset sales Brazilian telecom carrier Oi SA said on Tuesday it expects to raise between 6.5 billion reais and 7.5 billion reais ($1.73 billion - $2.00 billion) b...
15:28, 07/16/2019

Canadian Pacific Railway reports 33% rise in profit Canadian Pacific Railway reported a 33% rise in adjusted quarterly profit on Tuesday, as the country's second-largest railroad operator earned more f...
15:28, 07/16/2019

UPDATE 2-Climate activists arrested for disrupting London's biggest concrete supplier Six climate activists were arrested on Tuesday after the Extinction Rebellion group disrupted London Concrete, the British capital's biggest supplier...
15:28, 07/16/2019

UPDATE 2-Goldman Sachs profit beats estimates, boosted by strong equities trading Goldman Sachs Group Inc reported a higher-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from higher equities...
15:28, 07/16/2019

FOCUS- Abbott to hike production of lower-cost glucose monitors as diabetes soars Abbott Laboratories plans to ramp up manufacturing capacity for its lower-cost continuous glucose monitor, the FreeStyle Libre, by three to five time...
13:56, 07/16/2019

FOCUS-Wall Street finds blockchain hard to tame after early euphoria Two years ago Nasdaq Inc and Citigroup Inc announced a new blockchain system they said would make payments of private securities transactions more ef...
13:56, 07/16/2019

GLOBAL MARKETS-Bleak German mood weighs on Europe, Brexit pummels pound Darkening German investor morale and fresh Brexit woes cast a shadow over European markets on Tuesday, with German benchmark bond yields coming under...
13:56, 07/16/2019

JPMorgan profit rises 16% on tax gain JPMorgan Chase & Co reported a 16% rise in quarterly profit as higher net interest income and a tax gain more than made up for lower activity at the ...
13:56, 07/16/2019

UPDATE 1-Johnson & Johnson beats profit estimates on pharma strength, raises sales outlook Johnson & Johnson hiked its full-year operational sales forecast as strong demand for its cancer drugs Darzalex and Imbruvica helped it beat estimate...
13:56, 07/16/2019

US STOCKS-Futures flat after JPMorgan results; Goldman Sachs, Wells Fargo eyed U.S. stock futures were trading flat on Tuesday as investors parsed through the earnings report from JPMorgan Chase and awaited results from Wall Str...
13:56, 07/16/2019

France to approve first crypto-issuers as new rules loom France's financial watchdog is poised to approve a first tranche of cryptocurrency-related companies under new rules on digital coins, some of the fi...
13:56, 07/16/2019

Germany's Scholz sounds alarm on cryptocurrencies such as Facebook's Libra German Finance Minister Olaf Scholz said regulators must ensure that cryptocurrencies such as Facebook 's planned digital coin Libra do not threaten ...
13:56, 07/16/2019

UPDATE 1-JPMorgan profit beats estimates on strength in consumer banking JPMorgan Chase & Co reported a better-than-expected quarterly profit on Tuesday as higher interest income and a modest increase in loans more than ma...
13:56, 07/16/2019

Morning News Call - India, July 16 To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_07162019.pdf ...
08:56, 07/16/2019

China's yuan internationalisation should be market-driven, will take time-regulator China's policy of internationalising the use of its yuan currency should be market-driven and cannot be accomplished overnight, the head of its forei...
08:56, 07/16/2019

UPDATE 3-China says will freeze out U.S. companies that sell Taiwan arms China's government and Chinese companies will cut business ties with U.S. firms selling arms to Taiwan, China's Foreign Ministry said on Monday, decl...
08:56, 07/16/2019

METALS-Copper hovers at two-week high on China data boost London copper prices were almost unchanged on Tuesday, hovering around a two-week high hit in the previous session after top consumer China reported ...
08:56, 07/16/2019

PRESS DIGEST- New York Times business news - July 16 The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy....
08:56, 07/16/2019

Italy builder Salini decides to go ahead with Astaldi takeover Italy's biggest builder, Salini Impregilo, has decided to go ahead with a 225 million euros ($253 million) takeover of ailing rival Astaldi, an exerc...
08:56, 07/16/2019

Indonesia drafting rules to apply VAT on online products and services Indonesia is drafting new rules to impose value added tax to online products and services provided by offshore companies, as authorities target a big...
08:56, 07/16/2019

CRH to sell European distribution arm to Blackstone in $1.9 bln deal Irish cement maker CRH said on Tuesday it has agreed to sell its European distribution arm to private equity funds managed by Blackstone Group Inc fo...
08:56, 07/16/2019

Ryanair cuts summer 2020 growth rate on Boeing MAX doubts Europe's largest budget carrier Ryanair has cut its forecast for growth in traveller numbers next summer to 3% from a previous 7%, saying it was prov...
08:56, 07/16/2019

Citi ramps up ASEAN banking team with 30 hires over past year Citigroup Inc said it has hired about 30 bankers over the past year across its banking, capital markets and advisory teams in the 10-member Associati...
08:56, 07/16/2019

British watchdog to review Inmarsat's sale to private equity consortium The Competition and Markets Authority (CMA) said on Tuesday it was looking whether the proposed acquisition of British satellite company Inmarsat by ...
08:56, 07/16/2019

UPDATE 2-Pakistan reopens airspace to civil aviation after India standoff Pakistan opened its airspace to civil aviation on Tuesday, following months of restrictions imposed in the wake of a standoff with neighbouring India...
08:56, 07/16/2019

Brazil plan to open gas sector seen luring Naturgy, Engie, others Recently announced plans to foster competition in the Brazilian natural gas market may trigger a wave of privatizations among state-controlled distri...
04:28, 07/16/2019

Brazilian housing subsidies program receives $266 mln -spokesman Brazil's Regional Development Ministry has received 1 billion reais ($266.30 million) to resume the housing subsidies program Minha Casa Minha Vida, ...
04:28, 07/16/2019

Protest begins against billion-dollar Southern Copper mining project in Peru Protesters blocked a portion of Peru's main coastal highway on Monday in the start of a new challenge to a billion-dollar copper mining project that ...
04:28, 07/16/2019

UPDATE 1-SpaceX astronaut mission looking 'increasingly difficult' in 2019 -executive As Elon Musk's SpaceX closes in on the possible cause of a fiery explosion in April that destroyed one of its astronaut capsules, a company executive...
04:28, 07/16/2019

UPDATE 3-U.S. judge slashes Roundup jury award to $25.3 mln; Bayer still plans to appeal A federal judge on Monday slashed a damages award Bayer AG owed a California man who blamed Roundup weed killer for his cancer, to $25.27 million fro...
04:28, 07/16/2019

UPDATE 1-House Intelligence chief presses social media companies on deepfake policies U.S. House of Representatives Intelligence Committee Chairman Adam Schiff on Monday pressed major social media companies on how they plan to handle t...
04:28, 07/16/2019

Brazil's Petrobras starts sale process for refining and logistics assets - filing Brazil's state-controlled oil company Petroleo Brasileiro SA announced on Monday the start of a sale process for refining and logistics assets, accor...
04:28, 07/16/2019

UPDATE 3-U.S. Gulf of Mexico oil, gas producers begin restarting after Barry U.S. oil companies on Monday began restoring some of the nearly 74% production that was shut at U.S. Gulf of Mexico platforms ahead of Hurricane Barr...
04:28, 07/16/2019

UPDATE 3-AMS does not see 'sufficient basis' for continuing takeover talks with Osram Austria's AMS AG said on Tuesday it did not see "sufficient basis" for continuing its discussions with Osram Licht to acquire the German technology c...
04:28, 07/16/2019

RPT-Goldman banker highlights Morgan Stanley's Hong Kong IPO woes A senior Goldman Sachs banker has highlighted to colleagues the role played by rival Morgan Stanley in failed Hong Kong IPOs following the collapse o...
04:28, 07/16/2019

Prologis to buy IPT for $3.99 bln Prologis Inc said on Monday it would buy Black Creek Group's Industrial Property Trust Inc (IPT), a portfolio of U.S. industrial properties, in a dea...
04:28, 07/16/2019

GRAINS-Corn eases 1% as USDA tempers fears over crop condition U.S. corn futures fell 1% on Tuesday after the U.S. Department of Agriculture said the condition of North American crops was better than expected, ea...
04:28, 07/16/2019

PRESS DIGEST- British Business - July 16 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their ac...
04:28, 07/16/2019

UPDATE 2-Prologis to buy IPT for about $4 bln Prologis Inc said on Monday it would buy Black Creek Group's Industrial Property Trust Inc (IPT), a portfolio of U.S. industrial properties, in an al...
04:28, 07/16/2019

UPDATE 5-Citigroup profit beats estimates on gains in consumer lending Citigroup Inc topped expectations for quarterly profit on Monday as a tight lid on costs and strength in consumer lending helped the third-largest U....
23:14, 07/15/2019

UPDATE 1-U.S. judge slashes Roundup jury award to $25.3 mln from $80.3 mln A federal judge on Monday slashed a damages award that Bayer AG owed a California man who blamed Roundup weed killer for his cancer to $25.27 million...
23:14, 07/15/2019

UPDATE 1-Mnuchin says Facebook cryptocurrency needs safeguards against money laundering U.S. Treasury Secretary Steve Mnuchin on Monday voiced serious concern that Facebook Inc's proposed Libra cryptocurrency could be misused for money l...
22:42, 07/15/2019

UPDATE 4-Opioid 'kingpin' J&J fueled epidemic, Oklahoma argues at trial's end Lawyers for the state of Oklahoma on Monday compared Johnson & Johnson to a drug cartel leader as they sought to hold the drugmaker responsible for f...
22:42, 07/15/2019

UPDATE 2-Italy's state railway picks Atlantia for Alitalia rescue Italy's state railway Ferrovie dello Stato picked motorway operator Atlantia as a partner to join a consortium of investors for the rescue of nationa...
22:42, 07/15/2019

UPDATE 4-Trump sees slowing Chinese growth pressuring Beijing on trade U.S. President Donald Trump on Monday seized on slowing economic growth in China as evidence that U.S. tariffs were having "a major effect" and warne...
22:42, 07/15/2019

LS Power will not expand Ohio gas plant if state subsidizes nuclear power U.S. electric generator LS Power said on Monday it would be forced to terminate development of an expansion of its Troy gas-fired power plant in Ohio...
22:42, 07/15/2019

Balyasny gains in first half after losses prompted reorganization in 2018 Balyasny Asset Management, a Chicago-based hedge fund that shed $4 billion in assets last year and cut 20% of its staff, was back in positive territo...
22:42, 07/15/2019

UPDATE 3-Amazon rivals ride on Prime Day marketing as protests unfold Amazon.com Inc's Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other U.S. retail companies, rivaling t...
22:42, 07/15/2019

US STOCKS SNAPSHOT-S&P 500 closes flat as earnings season starts The benchmark S&P 500 index ended little changed in a choppy session on Monday after Citigroup Inc kicked off the second-quarter earnings season with...
22:42, 07/15/2019

U.S. judge slashes $80 mln Roundup jury verdict to $25.3 mln A federal judge on Monday reduced a damages award that Bayer AG owed a man who blamed his cancer on the glyphosate-based weed killer Roundup to $25.2...
22:42, 07/15/2019

EMERGING MARKETS-Brazil's real pauses after rally, Argentine peso hit by Moody's revision Most Latin American currencies weakened on Monday, halting the Brazilian real's recent run-up as investors looked for progress in the government's pe...
22:42, 07/15/2019

UPDATE 1-U.S. Gulf of Mexico oil, gas producers begin restarting after Barry U.S. oil companies on Monday began restoring some of the more than nearly 74% production shut at U.S. Gulf of Mexico platforms ahead of Hurricane Bar...
22:42, 07/15/2019

UPDATE 2-Facebook vows Libra currency will wait for approval as U.S. airs worries Facebook Inc said on Monday it would not proceed with the launch of its Libra cryptocurrency until regulatory concerns are addressed, as the U.S. Tre...
22:42, 07/15/2019

Romanian trade union says strike averted at ADM Constanta grain silos Workers at ADM's North Star Shipping grain silos in the Romanian Black sea port of Constanta on Monday said an indefinite general strike scheduled to...
20:56, 07/15/2019

UPDATE 4-Citigroup profit beats estimates on gains in consumer lending Citigroup Inc beat analysts' estimates for quarterly profit on Monday as a tight lid on costs and strength in consumer lending helped the third-large...
20:56, 07/15/2019

United Airlines extends suspension of Delhi, Mumbai flights to Oct. 26 United Airlines Holdings Inc said on Monday it was extending the suspension of its flights from the United States to Delhi and Mumbai in India until ...
20:56, 07/15/2019

Nomura pays $26.5 mln to settle U.S. charges over traders' lies about bond prices Nomura Holdings Inc will pay $26.5 million to settle U.S. Securities and Exchange Commission charges that it failed to properly supervise five former...
20:56, 07/15/2019

CORRECTED-UPDATE 2-Oklahoma at trial's end says opioid 'kingpin' J&J fueled epidemic Lawyers for the state of Oklahoma on Monday compared Johnson & Johnson to a drug cartel leader as they sought to hold the drugmaker responsible for f...
20:56, 07/15/2019

UPDATE 1-Romanian union says strike averted at ADM Constanta grain silos The union representing workers at ADM's North Star Shipping grain silos in Romania's Black sea port of Constanta said on Monday an indefinite strike ...
20:56, 07/15/2019

Russia's Aeroflot plans to add 9 Airbus A320 Neo to fleet-documents Russia's national flag carrier Aeroflot is planning to add nine medium-haul A320 Neo Airbus planes for about $870 million to its fleet next year, pro...
20:56, 07/15/2019

Charles Schwab in talks to buy USAA wealth-management, brokerage units - WSJ Charles Schwab Corp is in talks to buy brokerage and wealth-management operations from USAA for about $2 billion, the Wall Street Journal reported on...
20:56, 07/15/2019

Osram says AMS has made non-binding takeover offer at 38.50 euros per share German lighting group Osram Licht on Monday said it had been approached by Austria's AMS to discuss a non-binding takeover offer at 38.50 euros per s...
20:56, 07/15/2019

UPDATE 3-Oklahoma lawyers at trial's end say opioid 'kingpin' J&J fueled epidemic Lawyers for the state of Oklahoma on Monday compared Johnson & Johnson to a drug cartel leader as they sought to hold the drugmaker responsible for f...
20:56, 07/15/2019

Google not biased against conservatives -exec Google's top government affairs official said on Monday that the search engine does not discriminate against conservative viewpoints and that he will...
20:56, 07/15/2019

Ferrovie picked Atlantia for Alitalia rescue - Deputy PM Italy's State Railways Ferrovie dello Stato picked motorway operator Atlantia as a partner to join a consortium of investors for the rescue of nation...
20:56, 07/15/2019

UPDATE 2-Amazon rivals ride on Prime Day marketing as protests unfold Amazon.com Inc's Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other U.S. retail companies, rivaling t...
20:56, 07/15/2019

Disney goes high-tech to draw fans to a new 'Lion King' Walt Disney Co has taken a high-tech route to remake animated classic "The Lion King" with the look of a nature documentary, an update it hopes will ...
20:56, 07/15/2019

Mnuchin says Facebook must enact proper safeguards against illicit use, money laundering U.S. Treasury Secretary Steve Mnuchin said on Monday that the Treasury department has serious concerns that Facebook Inc's proposed LIBRA cryptocurre...
20:56, 07/15/2019

UPDATE 1-Italy's state railway picks Atlantia for Alitalia rescue Italy's state railway Ferrovie dello Stato picked motorway operator Atlantia as a partner to join a consortium of investors for the rescue of nationa...
20:56, 07/15/2019

Petrobras says potential exit from Brazil bourse's good governance program would not weaken co Brazilian state-run oil firm Petroleo Brasileiro SA said a potential end to its participation in a program certifying good governance set up by the S...
15:56, 07/15/2019

Citigroup profit rises on gains in consumer lending Citigroup Inc reported a 7% rise in quarterly profit on Monday as lower costs and strength in consumer lending helped the Wall Street bank counter we...
15:56, 07/15/2019

Balfour Beatty appoints counsel to probe U.S. Air Force base allegations Balfour Beatty has appointed Hunton Andrews Kurth LLP to work with the U.S. Air Force and other authorities to investigate allegations that the const...
15:56, 07/15/2019

UPDATE 2-Callon Petroleum to buy Carrizo in quest for strong cash flow Callon Petroleum Co said on Monday it would buy Carrizo Oil & Gas Inc in a $3.2 billion deal, the latest in a string of acquisitions as energy compan...
15:56, 07/15/2019

Brazil's Movida launches $268 mln share offering - filing Brazilian rental car company Movida launched a share offering that may raise 1 billion reais ($267.85 million), it said in a securities filing on Sat...
15:56, 07/15/2019

On the menu soon: lab-grown steak for eco-conscious diners Diners in some upmarket restaurants will soon be able to tuck into laboratory-grown steak, thanks to an Israeli startup that seeks to tap into consum...
15:56, 07/15/2019

REFILE-US STOCKS-Wall Street set to open higher as banks rise after Citi results Wall Street was set to extend last week's gains at the open on Monday as second-quarter corporate earnings got off to an upbeat start with results fr...
15:56, 07/15/2019

Eros International swings to quarterly loss Film and entertainment group Eros International Plc on Monday swung to a loss in the fourth quarter due to an impairment charge and a rise in costs, ...
15:56, 07/15/2019

UPDATE 2-Citigroup profit beats estimates on gains in consumer lending Citigroup Inc beat analysts' estimates for quarterly profit on Monday, as a tight lid on costs and strength in consumer lending helped the third-larg...
15:56, 07/15/2019

UK's Hammond pledges to fight a no-deal Brexit from outside government British finance minister Philip Hammond said on Monday he would not stay in his job when the country's next prime minister takes over next week, and ...
15:56, 07/15/2019

Brazil's Cielo cutting costs to face fiercely competitive market Brazil's largest credit card processor, Cielo SA, is tightening its belt amid fierce competition with rivals like PagSeguro Digital Ltd and StoneCo L...
15:56, 07/15/2019

Symantec, Broadcom cease deal negotiations - CNBC Cybersecurity company Symantec Corp and chipmaker Broadcom Inc have ceased deal negotiations, CNBC reported https://www.cnbc.com/2019/07/15/symantec-...
15:56, 07/15/2019

Cricket-More than 8 million tune in to see England win World Cup More than 8 million people in Britain tuned in to watch England win the Cricket World Cup on Sunday following the decision by Sky decision to allow t...
15:56, 07/15/2019

MIDEAST STOCKS-Saudi extends gains, other markets ease ahead of earnings Saudi Arabia's stock market rose for a sixth day with banks leading the rally on the back of a positive earnings outlook, while most other Gulf bours...
15:56, 07/15/2019

UPDATE 1-Balfour Beatty unit appoints counsel to probe U.S. Air Force base allegations A unit of British infrastructure group Balfour Beatty has appointed Hunton Andrews Kurth LLP to work with the U.S. Air Force and other authorities t...
15:56, 07/15/2019

UPDATE 1-Symantec, Broadcom cease deal negotiations - CNBC Cybersecurity company Symantec Corp and chipmaker Broadcom Inc have ceased deal negotiations, CNBC reported https://www.cnbc.com/2019/07/15/symantec-...
15:56, 07/15/2019

US STOCKS SNAPSHOT-Wall St opens at record highs as earnings season kicks off Wall Street's main indexes opened at record highs on Monday as second-quarter corporate earnings got off to an upbeat start with results from the thi...
15:56, 07/15/2019

FOREX-Australian dollar strengthens on encouraging Chinese data The Australian dollar strengthened on stronger-than-expected economic data from China, which some analysts saw as signalling that moves aimed at revi...
12:00, 07/15/2019

No impact from Broome earthquake on Australia oil, gas operations Oil and gas operations onshore and offshore Western Australia were unaffected by a magnitude 6.6 earthquake that struck off the northern coast of the...
12:00, 07/15/2019

FOREX-Encouraging China economic data buoys Australian dollar The Australian dollar reached a 10-day high on Monday on stronger-than-expected economic data from China, which some analysts saw as signalling that ...
12:00, 07/15/2019

UPDATE 1-No impact from Broome earthquake on Australia oil, gas, port operations Oil and gas operations onshore and offshore Western Australia were unaffected by a magnitude 6.6 earthquake that struck off the northern coast of the...
12:00, 07/15/2019

Sports Direct delays results, guidance could be affected Sports Direct said on Monday it had delayed the publication of its preliminary results due to problems integrating House of Fraser and increased scru...
12:00, 07/15/2019

AstraZeneca's Farxiga fails to get FDA approval for Type-1 diabetes British drugmaker AstraZeneca Plc said on Monday the U.S. Food and Drug Administration declined to approve its diabetes treatment, Farxiga, for use ...
12:00, 07/15/2019

RPT-AstraZeneca's Farxiga fails to get FDA approval for Type-1 diabetes British drugmaker AstraZeneca Plc said on Monday the U.S. Food and Drug Administration declined to approve its diabetes treatment, Farxiga, for use ...
12:00, 07/15/2019

UPDATE 1-GSK's ovarian cancer treatment meets main goal in late-stage study GlaxoSmithKline said on Monday a late-stage study testing its initial maintenance therapy, Zejula, in patients with ovarian cancer who have undergone...
12:00, 07/15/2019

UPDATE 1-Norway's Adevinta says new French digital tax may hit earnings Online advertising group Adevinta said the newly introduced digital tax in France lacked clarity but would likely hit the Norwegian company's earning...
12:00, 07/15/2019

UPDATE 1-AstraZeneca's Farxiga fails to get U.S. approval for Type-1 diabetes British drugmaker AstraZeneca Plc said on Monday the U.S. Food and Drug Administration declined to approve its diabetes treatment, Farxiga, for use ...
12:00, 07/15/2019

European shares edge higher after encouraging China data European shares inched higher on Monday, tracking gains in Asian markets on encouraging factory output and retail sales data from China, which provid...
12:00, 07/15/2019

Yandex, Uber JV to buy Vezet group call centres in Russia Russian internet company Yandex NV said on Monday its ride-sharing and food delivery joint venture with Uber Technologies Inc had agreed to buy intel...
12:00, 07/15/2019

UPDATE 2-China says will freeze out U.S. companies that sell Taiwan arms China's government and Chinese companies will cut business ties with U.S. firms selling arms to Taiwan, China's Foreign Ministry said on Monday, decl...
12:00, 07/15/2019

EMERGING MARKETS-Developing-world assets rise on hopeful China data Emerging-market shares rose on Monday as data from China helped to allay fears about the world's second-largest economy and a weaker dollar boosted m...
12:00, 07/15/2019

METALS-Shanghai nickel hits 10-1/2-month high on Indonesian supply concerns Shanghai nickel prices on Monday surged to their highest in more than 10 months, tracking an overnight rally in London, on concerns that top producer...
04:28, 07/15/2019

PRECIOUS-Gold trades steady ahead of China GDP data Gold prices held steady in early Asian trade on Monday, as market participants awaited key economic data from China for cues about the health of the ...
04:00, 07/15/2019

REUTERS NEWS SCHEDULE AT 10 p.m. GMT/6 a.m. SGT Here are the top stories and upcoming coverage plans for Reuters text service as of 10 p.m. GMT/6 a.m. SGT. For a full schedule of news and events, g...
02:42, 07/15/2019

MOVES-Jefferies picks Jonathan Slone to be chairman of Asia Jefferies Group LLC said on Sunday it appointed Jonathan Slone as chairman of Asia, a role that will focus on the financial firm's major relationship...
02:42, 07/15/2019

UK's Roxi Music plans for new product launches as it steps closer to IPO ROXi Music, the makers of the home-based music streaming device ROXi, said it had chosen investment bank Arden Partners as it prepares for an initial...
02:42, 07/15/2019

PRESS DIGEST- British Business - July 15 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their ac...
02:42, 07/15/2019

UPDATE 2-Pakistan welcomes venture's willingness for negotiated settlement after Reko Diq mine ruling Pakistan said on Sunday it welcomed a statement by Tethyan Copper expressing willingness for a negotiated settlement after a World Bank tribunal orde...
22:42, 07/14/2019

Recently departed Mexico FinMin says pipeline dispute pushed him to go A Mexican state-owned power utility's move to seek arbitration over pipeline contracts was one of the final straws that pushed the country's former f...
22:42, 07/14/2019

Pharma firm Gilead to raise Galapagos stake in $5.1 bln deal -report Gilead Sciences Inc will increase its stake in Galapagos NV and gain rights outside Europe to the Belgian-Dutch biotech firm's treatments in developm...
22:42, 07/14/2019

Atlantia among prospective investors in Alitalia rescue Italian infrastructure group Atlantia and three other potential investors have submitted expressions of interest to join a consortium for the rescue ...
22:42, 07/14/2019

UPDATE 2-Gilead deepens Galapagos ties with $5.1 bln deal Gilead Sciences Inc will invest $5.1 billion to raise its stake in Galapagos NV and partner with the Belgian-Dutch biotech firm to develop and commer...
22:42, 07/14/2019

Pakistan welcomes venture's willingness for negotiated settlement after Reko Diq mine ruling Pakistan said on Sunday it welcomed a statement by Tethyan Copper expressing willingness for a negotiated settlement after a World Bank tribunal orde...
13:14, 07/14/2019

UPDATE 1-Pakistan welcomes venture's willingness for negotiated settlement after Reko Diq mine ruling Pakistan said on Sunday it welcomed a statement by Tethyan Copper expressing willingness for a negotiated settlement after a World Bank tribunal orde...
13:14, 07/14/2019

RPT-Wall St Week Ahead-Union Pacific, other freight co earnings eyed for tariff effects Results from two major U.S. railroads next week are likely to attract more scrutiny than usual as investors look for signs of how deeply U.S. Preside...
13:14, 07/14/2019

Amazon plans to open new warehouse, create 2,800 jobs in Germany U.S. online retail giant Amazon plans to open a new warehouse in Germany this year and create more than 2,800 jobs with permanent contracts in what i...
12:14, 07/14/2019

UPDATE 1-Huawei plans extensive layoffs at its U.S. operations - WSJ Huawei Technologies Co Ltd is planning extensive layoffs in the United States as the Chinese telecoms equipment company grapples with its U.S. blackl...
10:00, 07/14/2019

Dubai's GEMS to meet banks for $1.65 bln refinancing - LPC news service Dubai-based GEMS Education is meeting banks in London and New York this week to discuss refinancing worth $1.65 billion, according to LPC, a fixed in...
10:00, 07/14/2019

Huawei plans extensive layoffs at its U.S. operations - WSJ Huawei Technologies Co Ltd is planning extensive layoffs in the United States as the Chinese telecoms equipment company grapples with its U.S. blackl...
09:14, 07/14/2019

UPDATE 7-Blackout disrupts Manhattan, darkens Broadway theaters A wide swath of New York's Manhattan borough was plunged into darkness Saturday after a transformer explosion knocked out power to subways, stores an...
08:00, 07/14/2019

UPDATE 1-BNP Paribas backs away from U.S. private prison industry France's BNP Paribas SA on Friday said it will no longer finance U.S. private prison operators, the first foreign bank to distance itself from a sect...
04:28, 07/14/2019

Indian housing lender DHFL warns it may not survive as a going concern One of India's biggest housing finance companies, Dewan Housing Finance Corp Ltd (DHFL) , warned on Saturday that its financial situation was so grim...
04:28, 07/14/2019

UPDATE 4-Blackout plunges parts of Manhattan into darkness A blackout hit more than 40,000 customers in Manhattan on Saturday evening, plunging subway stations and shops into darkness and sending thousands of...
04:28, 07/14/2019

Brazil's healthcare firm Hapvida launches $700 mln share offering - filing Brazilian healthcare company Hapvida Participacoes e Investimentos SA launched a share offering that may raise up to 2.63 billion reais ($704 million...
19:56, 07/13/2019

India's Allahabad Bank reports $259 mln alleged fraud by bankrupt steelmaker India's Allahabad Bank on Saturday became the second Indian state-owned bank to report a major alleged fraud by bankrupt steelmaker Bhushan Power & S...
19:56, 07/13/2019

UPDATE 1-U.S. shale firms put up $16.5 mln to build West Texas charter schools Twenty top U.S. energy companies agreed to contribute $16.5 million to open new schools in West Texas, where an influx of oil and gas workers have st...
19:56, 07/13/2019

UPDATE 2-Trump declines to set U.S. uranium production quotas President Donald Trump declined to issue quotas for domestic uranium production late on Friday and instead ordered a 90-day governmental review, a de...
19:56, 07/13/2019

Molymet drops plans for battery parts factory in Chile Chile´s Molymet has dropped a project to build battery parts in Chile, the second of three companies to pass on the deal little more than a year afte...
16:00, 07/13/2019

Philip Morris urges Thailand to drop prosecution after WTO's second ruling Philip Morris urged Thailand to drop criminal charges against its Thai subsidiary on Saturday, after a second World Trade Organization (WTO) ruling t...
16:00, 07/13/2019

UPDATE 3-Trump administration freezing fuel efficiency penalties The Trump administration said late on Friday it was issuing final rules to suspend a 2016 Obama administration regulation that more than doubled pena...
08:00, 07/13/2019

Trump declines to set U.S. uranium production quotas U.S. President Donald Trump late Friday declined to issue quotas for domestic uranium production but instead ordered a new 90-day review by a group o...
06:42, 07/13/2019

UPDATE 2-Trump administration freezing fuel efficiency penalties The Trump administration said late on Friday it was issuing final rules to suspend a 2016 Obama administration regulation that more than doubled pena...
06:42, 07/13/2019

UPDATE 1-Speculators raise net long U.S. dollar bets in latest week -CFTC, Reuters Speculators' net long dollar position rose for the first time in seven weeks, according to calculations by Reuters and U.S. Commodity Futures Trading...
06:00, 07/13/2019

U.S. shale firms put up $16.5 mln to build West Texas charter schools Twenty top U.S. energy companies agreed to contribute $16.5 million to open new schools in West Texas, where an influx of oil and gas workers have st...
06:00, 07/13/2019

Eton Pharma's conjunctivitis treatment fails to win FDA approval The U.S. Food and Drug Administration declined to approve Eton Pharmaceuticals Inc's treatment for conjunctivitis, the drug developer said on Friday....
06:00, 07/13/2019

UPDATE 1-Canada's Belo Sun touts procedural win but Brazil gold mine still on hold Belo Sun Mining Corp said on Friday it had won a legal victory in its push to mine the country's largest undeveloped gold deposit in the Amazon rainf...
06:00, 07/13/2019

California governor signs bill for $21 bln wildfire fund California Governor Gavin Newsom on Friday signed a bill approved by lawmakers a day earlier that creates a $21 billion fund to help bankrupt PG&E Co...
06:00, 07/13/2019

UPDATE 1-Cargill shuts animal-feed mills in China as fatal hog disease spreads Cargill Inc shuttered animal-feed mills in China in recent months partly because the rapid spread of a fatal hog disease has reduced demand, a compan...
06:00, 07/13/2019

UPDATE 7-Turkey begins receiving Russian missiles in challenge to U.S. and NATO * Pentagon chief says U.S. position unchanged (Adds dateline, byline, updates with statements from Pentagon and Turkish defence ministry, U.S. Congre...
06:00, 07/13/2019

UPDATE 4-U.S. regulators approve $5 bln Facebook settlement over privacy issues - source The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc this week over its investigation into the social media c...
06:00, 07/13/2019

Mexico faces headwinds to growth as oil production slows -Fitch Solutions Mexico will face "significant headwinds" for economic growth, as slowing activity in its oil and gas sector weighs on industrial production, Fitch So...
06:00, 07/13/2019

Japan sets up working group on impact of Facebook's Libra ahead of G7 Japanese authorities have set up a working group to discuss the impact Facebook's proposed Libra digital coin could have on monetary policy and finan...
06:00, 07/13/2019

UPDATE 1-Lockheed Martin plans to expand Milwaukee plant workforce by 15% Defense contractor Lockheed Martin Corp said on Friday it plans to increase the workforce at its approximately 300-person Milwaukee facility by more ...
06:00, 07/13/2019

BNP Paribas backs away from U.S. private prison industry France's BNP Paribas SA on Friday said it will no longer finance U.S. private prison operators, the first foreign bank to distance itself from a sect...
06:00, 07/13/2019

UPDATE 2-Brazil lower house pension reform vote hits delay as savings cut Brazil's lower house of Congress may not vote on a landmark pension reform bill until August, leaders said on Friday, as intense negotiation over ame...
06:00, 07/13/2019

UPDATE 1-Trump administration freezing fuel efficiency penalties The Trump administration said late on Friday it was issuing final rules to suspend a 2016 Obama administration regulation that more than doubled pena...
06:00, 07/13/2019

UPDATE 2-China to impose sanctions on U.S. firms that sell arms to Taiwan China said on Friday it would impose sanctions on U.S. firms involved in a deal to sell $2.2-billion worth of tanks, missiles and related equipment t...
06:00, 07/13/2019

Dutch prosecutors investigate whether small gas fields exceed output limits Dutch prosecutors said on Friday they were investigating whether producers at some of the country's small gas fields had exceeded the amount they wer...
20:28, 07/12/2019

GLOBAL MARKETS-Wall St stocks climb, dollar drops on rate-cut optimism * Graphic: World FX rates in 2019 http://tmsnrt.rs/2egbfVh (Updates after U.S. market open, adds commentary, changes byline, previous dateline LONDON...
20:28, 07/12/2019

UPDATE 2-India-U.S. trade talks end without major progress -sources U.S. and Indian trade negotiators ended talks on Friday without making major progress on a range of disputes over tariffs and other protectionist mea...
20:28, 07/12/2019

UPDATE 1-China to impose sanctions on U.S. firms that sell arms to Taiwan China said on Friday it would impose sanctions on U.S. firms involved in a deal to sell $2.2 billion worth of tanks, missiles and related equipment t...
20:28, 07/12/2019

G7 deal on minimum tax rates seen eluding ministers - French source France will use a G7 finance ministers' meeting it is hosting next week for a new push on minimum corporate taxation, although it is too early to agr...
20:28, 07/12/2019

Boeing 737 MAX to remain off United Airlines schedule until Nov. 3 United Airlines Holdings said on Friday the Boeing 737 MAX would stay off its flight schedule until Nov. 3, a fresh extension leading to about 2,100 ...
20:28, 07/12/2019

U.S. oil drillers cut rigs for second week in a row -Baker Hughes U.S. energy firms this week reduced the number of oil rigs operating for a second week in a row as drillers follow through on plans to cut spending t...
20:28, 07/12/2019

UPDATE 1-Boeing 737 MAX to remain off United Airlines' schedule until Nov. 3 United Airlines Holdings said on Friday the Boeing 737 MAX would stay off its flight schedule until Nov. 3, a fresh extension leading to about 2,100 ...
20:28, 07/12/2019

UPDATE 1-U.S. oil drillers cut rigs for second week in a row -Baker Hughes U.S. energy firms this week reduced the number of oil rigs operating for a second week in a row as drillers follow through on plans to cut spending t...
20:28, 07/12/2019

U.S. House passes $733 bln defense policy bill after Trump threatens veto U.S. House of Representatives approved a $733 billion defense policy bill on Friday, defying President Donald Trump's veto threat by including provis...
20:28, 07/12/2019

UPDATE 2-Macquarie's MEIF 6 Fibre unit to buy UK telecoms firm KCOM Macquarie unit MEIF 6 Fibre Ltd is to buy KCOM Group Plc in a deal that values the British telecoms company at 627 million pounds ($787.5 million), e...
20:28, 07/12/2019

U.S. to hold hearing on French tax investigation Aug. 19 The U.S. Trade Representative's (USTR) Office will hold a hearing on Aug 19 in its probe of France's new planned tax on big technology companies, cal...
20:28, 07/12/2019

EXPLAINER-What is at stake with Turkey's Russian air defence deal? Turkey took its first deliveries of the Russian S-400 air defence system on Friday, a development likely to trigger U.S. sanctions on Ankara and esca...
15:56, 07/12/2019

Airbus aims to sell more than 1,000 planes over 15 yrs in Latin America, Caribbean European planemaker Airbus SE plans to sell more than 1,000 new passenger planes in the next 15 years in Latin America and the Caribbean, meeting abo...
15:56, 07/12/2019

REFILE-US STOCKS-Wall Street set to open higher on rate cut optimism Wall Street looked set to open higher on Friday, putting the three indexes on track to extend this week's strong run fueled by rising expectations of...
15:56, 07/12/2019

GRAPHIC-Take Five: G7 - deep in the Woods? LONDON, July 12 (Reuters) - 1/HAPPY BIRTHDAY, BRETTON WOODS! In July 1944 as World War Two raged, finance chiefs from the world's main trading nation...
15:56, 07/12/2019

VW CEO says Ford will pay 'set by set' to use MEB Eelectric vehicle platform Ford CEO Hackett says Ford, Volkswagen will share data generated by self-driving software company Argo AI Volkswagen CEO Diess says revenues from ele...
15:56, 07/12/2019

Elliott does not intend to tender Altran shares in Capgemini bid - AMF filing U.S. activist fund Elliott does not intend to tender shares it could end up owning in consultancy group Altran Technologies, the target of a takeover...
15:56, 07/12/2019

Bank of America names Pauli equity capital markets head in Germany, Austria, Switzerland Bank of America has named Thorsten Pauli as its new head of equity capital markets in Germany, Austria and Switzerland, the lender said in a statemen...
15:56, 07/12/2019

US STOCKS SNAPSHOT-S&P 500, Dow hit record high at open on hopes of rate cut The S&P 500 and Dow indexes hit a record high at the open on Friday, after Federal Reserve Chairman Jerome Powell's dovish remarks this week boosted ...
15:56, 07/12/2019

GLOBAL MARKETS-Shares flat as investors digest economic data, dollar dips for third day World shares came within a whisker of posting their first weekly loss since May on Friday and the dollar was down for a third day running, as even st...
14:56, 07/12/2019

UPDATE 1-Industrial equipment maker Hillenbrand to buy Milacron in $2 bln deal Industrial equipment maker Hillenbrand Inc on Friday agreed to buy plastics-processing equipment maker Milacron Holdings Corp in a cash and stock dea...
14:56, 07/12/2019

US STOCKS-Futures push higher on rate cut optimism U.S. stock index futures rose slightly on Friday, with Wall Street looking set to extend this week's strong run after Federal Reserve Chairman Jerome...
14:56, 07/12/2019

VW investment vaults Argo into top ranks of self-driving firms Volkswagen AG's $2.6-billion investment in Ford Motor Co's Argo AI self-driving unit, announced on Friday, immediately vaults the two-year-old Pittsb...
14:56, 07/12/2019

Ford, VW join forces on electric, autonomous cars Ford and Volkswagen joined forces to develop autonomous and electric cars on Friday and said they are looking at other areas of cooperation, deepenin...
14:56, 07/12/2019

UK says it does not want to increase tension with Iran Britain is not seeking to escalate the situation with Iran, foreign minister Jeremy Hunt said on Friday, as tensions continue between London and Tehr...
14:56, 07/12/2019

Congo rules out using additional trial vaccines to combat Ebola GOMA, Democratic Republic of Congo, July 12 (Reuters) - C ongo will not permit the use of further experimental vaccines as it combats an Ebola outbre...
14:56, 07/12/2019

UPDATE 3-Air Canada flight diverted to Hawaii after turbulence, injuries reported An Air Canada flight was diverted on Thursday to Hawaii after severe turbulence left several passengers with minor injuries, the carrier said in a st...
14:56, 07/12/2019

Italy beefed up 'golden power' with Chinese 5G vendors in mind - source Italy has beefed up its "golden power" over the private sector partly due to concerns over the potential involvement of Chinese firms Huawei Technolo...
13:28, 07/12/2019

Volkswagen to inject $2.6 bln into Ford unit Argo AI - source Carmaker Volkswagen will inject $2.6 billion into Ford's self-driving unit Argo AI at an overall valuation of $7 billion in the deal, a source close ...
13:28, 07/12/2019

GLOBAL MARKETS-Shares flat as investors parse economic data, dollar dips for third day World shares came within a whisker of posting their first weekly loss since May on Friday and the dollar was down for a third day running, as even a ...
13:28, 07/12/2019

UPDATE 3-Slimmed-down WPP to net $3.1 bln selling Kantar stake to Bain WPP is selling a 60% stake in Kantar to private equity firm Bain Capital, valuing the data analytics business at about $4 billion and giving the Brit...
13:28, 07/12/2019

UK- U.S. talks on building up military presence in Gulf ongoing, says Britain Discussions between Britain and the United States on building up their military presence in the Gulf are ongoing, Prime Minister Theresa May's spokes...
13:28, 07/12/2019

India's Infosys June-qtr profit rises 5%, beats estimates Infosys Ltd, India's No. 2 IT services firm, posted a 5.3% rise in June-quarter profit and raised its revenue forecast for the fiscal year as it bag...
13:28, 07/12/2019

Airbus pulls anniversary book over fraud probe concerns - sources Airbus has halted sales of a new book that the planemaker had commissioned for its 50th anniversary to avoid hampering the manufacturer's attempts to...
13:28, 07/12/2019

UPDATE 1-India's Infosys raises FY guidance as June-qtr profit beats estimates Infosys Ltd beat estimates for June-quarter profit and raised revenue forecast for the fiscal year, as India's No. 2 IT services firm bagged more bus...
13:28, 07/12/2019

RPT-UPDATE 1-Brazil pension reform helps improve inflation outlook, says central bank chief Brazil Central Bank President Roberto Campos Neto on Thursday welcomed the approval by Congress of a landmark overhaul of the country's pension syste...
13:28, 07/12/2019

Industrial equipment maker Hillenbrand to buy Milacron in $2 bln deal Industrial equipment maker Hillenbrand Inc on Friday agreed to buy plastics-processing equipment maker Milacron Holdings Corp in a cash-and-stock dea...
13:28, 07/12/2019

UPDATE 2-Brazil power firm Light confirms price offering at 18.75 reais per share Brazilian power company Light SA priced its shares at 18.75 reais ($4.99) per share in a primary and secondary offering that raised 2.5 billion reais...
13:28, 07/12/2019

UPDATE 2-Iran calls on Britain to release seized oil tanker immediately Iran called on Britain on Friday to immediately release an oil tanker that British Royal Marines seized last week on suspicion it was breaking Europe...
08:42, 07/12/2019

UPDATE 5-Storm Barry cuts half U.S. Gulf Coast oil output, flooding fears close coastal refinery An intensifying tropical storm in the U.S. Gulf of Mexico on Thursday cut more than half the region's oil output, with energy companies evacuating st...
07:56, 07/12/2019

U.S. to seek rollback of Indian tariffs-Indian govt source United States will seek rollback of Indian tariffs imposed on some agricultural products such as almonds when the two sides meet on Friday, a senior ...
07:56, 07/12/2019

UPDATE 1-Iran calls on Britain to immediately release its seized supertanker - IRNA Iran called on Britain on Friday to immediately release its oil tanker which British Royal Marines seized last week on suspicion that it was breaking...
07:56, 07/12/2019

UPDATE 2-Air China to buy 20 A350-900 wide-body aircraft from Airbus Air China Ltd , China's flagship carrier, will buy 20 A350-900 jets from Airbus SE, both companies said, bolstering the European planemaker's order b...
06:42, 07/12/2019

UPDATE 2-Air Canada flight diverted to Hawaii after turbulence, injuries reported An Air Canada flight was diverted on Thursday to Hawaii after a sudden case of severe turbulence left 35 passengers with minor injuries, the carrier ...
06:42, 07/12/2019

Nikkei flat; Yaskawa's weak earnings drag on machinery stocks Japan's Nikkei was flat on Friday morning with investors shifting their focus to corporate earning as weak profits from some firms such as Yaskawa El...
06:42, 07/12/2019

REFILE-UPDATE 4-Trump rips tech firms at 'free speech' summit President Donald Trump welcomed prominent conservative social media provocateurs to the White House on Thursday and said that along with himself, the...
06:42, 07/12/2019

Morning News Call - India, July 12 To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_07122019.pdf ...
06:42, 07/12/2019

PRESS DIGEST- New York Times business news - July 12 The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy....
06:42, 07/12/2019

UPDATE 4-Storm Barry cuts half U.S. Gulf Coast oil output, flooding fears close coastal refinery An intensifying tropical storm in the U.S. Gulf of Mexico on Thursday cut more than half the region's oil output, with energy companies evacuating st...
04:14, 07/12/2019

ADM, Cargill reach deal to swap U.S. Midwest grain elevators Large U.S. grain merchants Cargill Inc and Archer Daniels Midland Co have reached a deal to swap some of their grain elevators in the U.S. Midwest in...
04:14, 07/12/2019

Brazil meatpackers BRF, Marfrig call off talks on proposed tie-up Brazilian meatpackers BRF SA and Marfrig Global Foods SA said on Thursday that they had mutually agreed to call off negotiations for a possible merge...
04:14, 07/12/2019

UPDATE 3-Boeing reshuffles management of grounded 737 -memo Boeing Co has reassigned the head of its next airplane project to run the troubled 737 program, according to a memo seen by Reuters on Thursday, as t...
04:14, 07/12/2019

UPDATE 4-Trump rips tech firms at 'free speech' summit President Donald Trump welcomed prominent conservative social media provocateurs to the White House on Thursday and said that along with himself, the...
04:14, 07/12/2019

Brazil power firm Light prices offering at 18.75 reais per share -sources Brazilian power company Light SA priced its shares at 18.75 reais ($4.99) per share in a primary and secondary offering, two sources with knowledge o...
04:14, 07/12/2019

Trump blasts Bitcoin, Facebook's Libra, demands they face banking regulations U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that compa...
04:14, 07/12/2019

Colombia's Hocol says signed four oil contracts for $100 mln investment Hocol, a unit of Colombian state-owned oil company Ecopetrol, signed four contracts on Thursday for oil exploration that will require a total investm...
04:14, 07/12/2019

UPDATE 1-A Ford-VW alliance with Argo could redraw self-driving sector An expanded alliance between Ford Motor Co and Volkswagen AG that includes a partnership in Ford self-driving unit Argo AI could redraw the balance o...
04:14, 07/12/2019

UPDATE 3-Brazil meatpackers BRF, Marfrig call off talks on proposed tie-up Brazilian meatpackers BRF SA and Marfrig Global Foods SA said on Thursday that they had mutually agreed to call off negotiations for a possible merge...
04:14, 07/12/2019

UPDATE 1-Brazil power firm Light prices offering at 18.75 reais per share -sources Brazilian power company Light SA priced its shares at 18.75 reais ($4.99) per share in a primary and secondary offering that raised 2.5 billion reais...
04:14, 07/12/2019

Brazil c.bank chief says reforms create benign inflation outlook -TV interview Brazil central bank president Roberto Campos Neto on Thursday welcomed the approval by the lower house of Congress of an overhaul of the country's pe...
04:14, 07/12/2019

PRESS DIGEST- British Business - July 12 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their ac...
04:14, 07/12/2019