MAGICTECHNEWS.COM: World and US News

World and US News: Company News

01:33, 2019-08-18

UPDATE 1-Canada's Husky to resume full production at offshore White Rose field Canada's Husky Energy said on Friday it will resume full production at its White Rose field off the coast of Newfoundland & Labrador, which was shut ...
05:17, 2019-08-17

UPDATE 2-Roche cancer treatment priced at $17,050 a month, lower than rival Vitrakvi Roche Holding AG has priced its personalized cancer treatment, Rozlytrek, at about $17,050 per month, nearly half of the monthly price of a rival dru...
05:17, 2019-08-17

EMERGING MARKETS-Latam stocks up, Argentine peso closes up before Fitch downgrade Most Latin American stocks rose on Monday, joining a rebound in global markets on hopes of fiscal and monetary stimulus in major economies, while Arg...
05:17, 2019-08-17

UPDATE 1-Republican Iowa senator says Trump EPA 'screwed us' with biofuel waivers Iowa's Republican Senator Chuck Grassley said the Trump administration's Environmental Protection Agency has "screwed" the U.S. ethanol industry and ...
05:17, 2019-08-17

MOVES-Tauber Oil snags ex-Chevron trader as VP of oil marketing Privately-owned Tauber Oil Co has snagged ex-Chevron Corp oil trader Robert Goldsworthy to help expand its Gulf Coast trading book, according to two ...
05:17, 2019-08-17

UPDATE 2-Trump intervention triggered EPA's surprise biofuel waiver decision -sources A phone call from U.S. President Donald Trump last week ended a nearly two-month-long review of the nation's biofuels program, three sources familiar...
05:17, 2019-08-17

Mantle Ridge's Hilal buys stake in Aramark, eyes talks with management Activist investor Paul Hilal's Mantle Ridge LP bought nearly 10% of U.S. food services company Aramark's common stock and while it plans to push for ...
05:17, 2019-08-17

PG&E to hold sole rights to bankruptcy exit plan - WSJ A judge overseeing PG&E Corp's bankruptcy case allowed the California utility to hold on to sole rights to its Chapter 11 exit plan, the Wall Street ...
05:17, 2019-08-17

UPDATE 1-Edwards Lifesciences, Medtronic heart valves win U.S. approval for expanded use Heart valve systems from Edwards Lifesciences Corp and Medtronic Plc have been approved for use in a condition that restricts blood flow from the hea...
05:17, 2019-08-17

UPDATE 1-NASA chief announces Alabama facility as moon spacecraft headquarters NASA Administrator Jim Bridenstine on Friday said Marshall Space Flight Center in Alabama will anchor the U.S. space agency's program to build a spac...
05:17, 2019-08-17

EQM stops some work on WV-VA Mountain Valley natgas pipe EQM Midstream Partners LP told U.S. federal regulators the company would stop some work on its long-delayed Mountain Valley natural gas pipeline from...
05:17, 2019-08-17

U.S. removes some Chinese furniture, modems from planned 10% tariffs The Trump administration is sparing some Chinese-made household furniture, baby items and internet modems and routers from its next rounds of 10% tar...
05:17, 2019-08-17

UPDATE 3-Democratic and Republican lawmakers back $8 bln F-16 sale to Taiwan Congress should move quickly with an $8 billion sale of F-16 fighter jets to Taiwan as the self-ruled island faces pressure from China's increased mi...
05:17, 2019-08-17

UPDATE 1-Mantle Ridge buys stake in Aramark, eyes talks with management Activist investor Paul Hilal's Mantle Ridge LP has bought nearly 10% of Aramark's common stock to push for changes at the U.S. food services company,...
05:17, 2019-08-17

UPDATE 1-Trump says he is having dinner Friday with Apple CEO Cook U.S. President Donald Trump said he was having dinner on Friday with Chief Executive Officer Tim Cook of Apple Inc, a company the president has criti...
05:17, 2019-08-17

Airbnb records 30% growth rate in Q1 on booking strength -source Airbnb Inc recorded $9.4 billion in total booking value in the first quarter, up 31% from the year-ago quarter, a source familiar with the matter sai...
05:17, 2019-08-17

UPDATE 1-EQM stops some work on WV-VA Mountain Valley natgas pipe EQM Midstream Partners LP has told U.S. federal regulators the company would stop some work on its long-delayed Mountain Valley natural gas pipeline ...
05:17, 2019-08-17

UPDATE 2-Court leaves PG&E with sole right to submit bankruptcy plan A federal judge on Friday allowed PG&E Corp to retain the sole rights to propose a plan to exit bankruptcy, as he rejected efforts by investors to pu...
05:17, 2019-08-17

UPDATE 2-China's Ninebot unveils scooters that drive themselves to charging stations Segway-Ninebot Group, a Beijing-based electric scooter maker, on Friday unveiled a scooter that can return itself to charging stations without a driv...
05:17, 2019-08-17

Deere cuts full-year earnings forecast after profits miss estimates Deere & Co.'s third-quarter earnings on Friday missed Wall Street's estimates on lower farm equipment sales, prompting the company to revise down its...
15:00, 2019-08-16

UPDATE 1-Top-5 shareholder backs Scout24 management in clash with Elliott Fund manager Baillie Gifford on Friday threw its weight behind the management team at German classifieds group Scout24, which has faced calls from ac...
15:00, 2019-08-16

Springer heirs tender some shares in KKR buyout The grandchildren of the founder of German publisher Axel Springer have tendered some of their shares to KKR, the U.S. private equity investor that h...
15:00, 2019-08-16

RPT-Springer heirs tender some shares in KKR buyout The grandchildren of the founder of German publisher Axel Springer have tendered some of their shares to KKR, the U.S. private equity investor that h...
15:00, 2019-08-16

DEALTALK-Bid for Inter Pipeline highlights Canada's oil sector bright spot A recent unsolicited bid for Inter Pipeline Ltd has highlighted the potential of Canada's midstream companies to offer insulation from volatile oil p...
15:00, 2019-08-16

Trump intervention triggered EPA's surprise biofuel waiver decision -sources A phone call from U.S. President Donald Trump last week ended a nearly two-month-long review of the nation's biofuels program, three sources familiar...
15:00, 2019-08-16

GLOBAL MARKETS-Stocks gain on stimulus hopes but still head for third losing week World stocks rose on Friday as expectations grew of further stimulus by central banks, offsetting worries about slowing economic growth, which intens...
15:00, 2019-08-16

Alibaba to buy Kaola unit from NetEase for $2 bln- Caixin Alibaba Group Holding Ltd has agreed to pay $2 billion in cash to buy Chinese e-commerce firm Kaola, local news outlet Caixin reported on Friday. (ht...
15:00, 2019-08-16

CANADA STOCKS-TSX futures gain on higher oil prices Futures for Canada's main stock index were up on Friday as crude oil prices rebounded after positive U.S. retail sales data helped ease concerns of a...
15:00, 2019-08-16

Novo Nordisk sued in Denmark for alleged market manipulation - media Danish insulin-maker Novo Nordisk has been sued by investors demanding 11.8 billion Danish crowns ($1.8 billion) in compensation for the company's al...
15:00, 2019-08-16

US STOCKS-Futures climb on stimulus hopes, Nvidia results U.S. stock index futures rose 1% on Friday, as hopes of more stimulus from central banks helped lift some gloom in what has been a turbulent week for...
15:00, 2019-08-16

UPDATE 2-Deere trims earnings forecast on trade war woes Deere & Co.'s third-quarter earnings on Friday missed Wall Street estimates, hurt by the U.S.-China trade war that has dented the demand for its farm...
15:00, 2019-08-16

Brazil's government considers intervention in Oi -report The Brazilian government is considering intervention in telecommunications carrier Oi SA , as the company struggles to recover since it filed for ban...
15:00, 2019-08-16

WRAPUP 2-Cathay CEO resigns amid Hong Kong protest blowback as more rallies planned The boss of Hong Kong carrier Cathay Pacific Airways quit on Friday, the highest-profile corporate casualty of unrest roiling the former British colo...
15:00, 2019-08-16

Mexican government will keep investing in Pemex - president Mexican President Andres Manuel Lopez Obrador said on Friday that his government would keep investing in troubled state oil company Pemex, which is o...
15:00, 2019-08-16

PRESS DIGEST- British Business - Aug. 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...
08:17, 2019-08-15

METALS-Copper edges down on recession fears, weak China data Copper prices lost ground in London and Shanghai in early trade on Thursday, weighed down by growing fears of a global recession and weak industrial ...
08:17, 2019-08-15

Japanese shares drop after Wall Street takes a battering Japanese shares slid to a nine-day low on Thursday morning as investor sentiment was battered by a big slide on Wall Street amid resurgent fears of a...
08:17, 2019-08-15

Napier Port to go public in New Zealand's biggest listing in 2 years Napier Port Holdings, the operator of New Zealand's fourth largest port by container volume, filed for an initial public offering (IPO) that would be...
08:17, 2019-08-15

UPDATE 2-HK readies for more protests as Trump and others seek peaceful resolution * Airport reopens but more protests planned across city (Adds Australian Chamber of Commerce statement, Capital Economics Report, planned protests, p...
08:17, 2019-08-15

PRESS DIGEST- New York Times business news - Aug 15 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....
08:17, 2019-08-15

METALS-Copper hovers near 2-yr low amid recession fears London copper hovered near a two-year low and Shanghai copper fell on Thursday, weighed down by growing fears of a global recession and weak industri...
08:17, 2019-08-15

CORRECTED-UPDATE 1-K+S lifts 2Q revenues, earnings on higher fertilizer prices, volumes German minerals miner K+S reported higher second-quarter revenues and core earnings on Thursday, citing higher fertilizer prices and higher potash p...
08:17, 2019-08-15

CORRECTED-K+S lifts Q2 revenues, core profit on higher prices, volumes German minerals miner K+S reported on Thursday a rise in second-quarter revenues and core earnings, citing good fertilizer prices as higher productio...
08:17, 2019-08-15

Canopy Growth posts bigger quarterly loss on C$1.2 bln charge Canopy Growth Corp, Canada's largest cannabis company, reported a bigger quarterly loss on Wednesday, as it took a one-time charge of C$1.2 billion r...
03:17, 2019-08-15

UPDATE 1-PDVSA partners fear reach of latest U.S. sanctions on Venezuela -sources Foreign joint venture partners with Venezuelan state-owned oil company PDVSA are concerned the latest set of U.S. sanctions on the South American cou...
03:17, 2019-08-15

UPDATE 1-Buffett's Berkshire boosts Amazon.com bet, attracts Ackman Warren Buffett's Berkshire Hathaway Inc on Wednesday said it boosted its stake in Amazon.com Inc by 11% during the second quarter, increasing its bet...
03:17, 2019-08-15

UPDATE 8-As election looms, Argentina's Macri announces relief measures after years of spending cuts Argentine President Mauricio Macri on Wednesday unveiled a package of welfare subsidies and tax cuts for lower-income workers to lessen the pain of a...
03:17, 2019-08-15

DoubleLine CEO Jeffrey Gundlach warns Fed rate cuts will not stop U.S. recession Jeffrey Gundlach, CEO of DoubleLine Capital, warned on Wednesday that rate cuts by the U.S. Federal Reserve are not going to stop recession from happ...
03:17, 2019-08-15

Alibaba's Tsai nears deal to buy rest of NBA's Brooklyn Nets - source Alibaba Group Holding Ltd co-founder Joseph Tsai is nearing a deal to buy the 51% stake he does not already own in the U.S. basketball team Brooklyn ...
03:17, 2019-08-15

UPDATE 3-Trump officials see no Chinese concessions for tariff delays amid market rout China made no trade concessions after U.S. President Donald Trump postponed 10% tariffs on over $150 billion worth of Chinese imports, senior U.S. of...
03:17, 2019-08-15

Bankruptcy filings by U.S. energy producers pick up speed -law firm analysis Bankruptcy filings by U.S. energy producers so far this year have already nearly matched the total for the whole of 2018, law firm Haynes & Boone rep...
03:17, 2019-08-15

UPDATE 3-Brazil's Embraer posts small profit, but 2019 outlook still dim Brazilian planemaker Embraer on Wednesday swung to a $7.2 million profit in the second quarter as higher revenue at its executive jets business offse...
03:17, 2019-08-15

JBS posts strong 2nd-qtr results bolstered by Asian demand JBS SA, the world's largest meatpacker, on Wednesday reported net income of 2.184 billion reais ($539 million) in the second quarter, beating analyst...
03:17, 2019-08-15

PES to begin laying off union refinery workers on Thursday -sources Philadelphia Energy Solutions will begin laying off some of its 640 union workers on Thursday, more than a week before its stated Aug. 25 termination...
03:17, 2019-08-15

UPDATE 1-Brazil's Natura Q2 profit more than doubles, beats estimates Brazilian cosmetics group Natura SA said on Wednesday its second-quarter net profit more than doubled from a year ago, slightly above market expectat...
03:17, 2019-08-15

UPDATE 2-DoubleLine CEO Jeffrey Gundlach warns Fed rate cuts will not stop U.S. recession Jeffrey Gundlach, chief executive of DoubleLine Capital, warned on Wednesday that rate cuts by the U.S. Federal Reserve were not going to stop a rece...
03:17, 2019-08-15

UPDATE 2-Brazil's JBS posts strong second quarter results, bolstered by Asian demand JBS SA, the world's largest meatpacker, on Wednesday reported net income of 2.184 billion reais ($539 million) in the second quarter, beating analyst...
03:17, 2019-08-15

UPDATE 1-PES to begin laying off union refinery workers on Thursday -sources Refiner Philadelphia Energy Solutions will begin dismissing some of its 640 union workers on Thursday, more than a week before its stated Aug. 25 ter...
03:17, 2019-08-15

VMWare in talks to buy Pivotal Software; both controlled by Dell VMware Inc and Pivotal Software Inc are negotiating a deal for VMWare to acquire Pivotal, according to a regulatory filing from Dell Technologies Inc...
03:17, 2019-08-15

Australia's Orocobre invests in Advantage Lithium Corp placement Australian miner Orocobre Ltd on Thursday said it has agreed to invest C$1.5 million ($1.1 million) in Advantage Lithium Corp through a private place...
03:17, 2019-08-15

UPDATE 1-China's Lenovo Group Q1 profit more than doubles, beats expectations Chinese personal computer maker Lenovo Group reported a more than two-fold jump in first-quarter profit on Thursday, beating analysts' estimates than...
03:17, 2019-08-15

Sierra Nevada chooses ULA's Vulcan to launch space station supply runs Sierra Nevada Corp, a privately owned defense contractor with spaceflight ambitions, said on Wednesday it picked United Launch Alliance's Vulcan rock...
21:34, 2019-08-14

Incoming Codelco CEO 'optimistic' about long-term copper price The incoming CEO of Chile's state copper miner Codelco is "optimistic" about the red metal's long-term market price despite the global volatility cau...
21:34, 2019-08-14

EXPLAINER-U.S. sanctions and Venezuela's trade and oil industry partners The United States last week imposed a sweeping freeze on Venezuelan government assets in U.S. territory and threatened to sanction any company that w...
21:34, 2019-08-14

UPDATE 3-Irish regulator queries Facebook on transcription of users' audio The lead regulator of Facebook in the European Union is seeking information on how the company handled data during the manual transcription of users'...
21:34, 2019-08-14

UPDATE 3-Canada ethics watchdog says Trudeau broke rules, finding could hurt election hopes Prime Minister Justin Trudeau and officials in his government improperly tried to influence a corporate legal case, Canada's top ethics watchdog said...
21:34, 2019-08-14

Brazilian stocks slide 3%, on track for biggest fall since March Brazilian stocks fell 3% on Wednesday, on course for their biggest one-day loss since March 27, slammed by growing fears of recession in the United S...
21:34, 2019-08-14

UPDATE 5-WeWork to test IPO investor appetite with widening losses WeWork owner The We Company published detailed financial statements for the first time on Wednesday, revealing breakneck revenue growth and soaring l...
21:34, 2019-08-14

PDVSA partners fear reach of latest U.S. sanctions on Venezuela -sources Foreign joint venture partners with Venezuelan state-owned oil company PDVSA are concerned the latest set of U.S. sanctions on the South American cou...
21:34, 2019-08-14

GLOBAL MARKETS-Stocks, oil plunge on growing signs of global slowdown Equity markets tanked and oil prices fell sharply on Wednesday after a closely watched bond indicator pointed to the growing risk of a U.S. recessio...
21:34, 2019-08-14

U.S. FDA approves TB Alliance's treatment for drug-resistant tuberculosis The U.S. Food and Drug Administration has approved TB Alliance's treatment for drug-resistant tuberculosis as part of a three-drug combination regime...
20:34, 2019-08-14

UPDATE 2-Irish regulator queries Facebook on transcription of users' audio Facebook's lead regulator in the European Union is seeking information on how it handled data during the manual transcription of users' audio recordi...
20:34, 2019-08-14

UPDATE 1-U.S. FDA approves TB Alliance's treatment for drug-resistant tuberculosis The U.S. Food and Drug Administration has approved TB Alliance's treatment for drug-resistant tuberculosis as part of a three-drug combination regime...
20:34, 2019-08-14

UPDATE 2-Canada ethics watchdog says Trudeau broke rules, finding could hit election hopes Prime Minister Justin Trudeau and officials in his government improperly tried to influence a corporate legal case, Canada's top ethics watchdog said...
20:34, 2019-08-14

UPDATE 6-With economic storm breaking, Argentina's Macri announces relief measures Argentine President Mauricio Macri on Wednesday unveiled a package of welfare subsidies and lower taxes for workers to lessen the impact of an econom...
20:34, 2019-08-14

UPDATE 4-WeWork to test IPO investor appetite with widening losses WeWork owner The We Company published detailed financial statements for the first time on Wednesday, revealing breakneck revenue growth and soaring l...
20:34, 2019-08-14

US STOCKS-Wall Street tumbles on growing recession fears Wall Street main indexes slumped more than 2.5% on Wednesday, as a closely watched U.S. bond market indicator pointed to a renewed risk of recession ...
20:34, 2019-08-14

UPDATE 1-Trump sees Fed rather than trade war as source of market turmoil With global markets flashing concern about the fallout from the U.S.-China trade war and the near-term strength of the American economy, U.S. Preside...
20:34, 2019-08-14

UPDATE 2-Ford extends warranties on 560,000 Focus, Fiesta models Ford Motor Co said on Wednesday it was extending warranties on clutch and related hardware in 560,000 Focus and Fiesta cars in the United States and ...
20:34, 2019-08-14

ICE, Magellan to offer dock capacity to Houston oil futures customers Intercontinental Exchange Inc and Magellan Midstream Partners LP said on Wednesday they would auction dock capacity at Magellan's terminals in Galena...
18:17, 2019-08-14

EMERGING MARKETS-Latam markets struggle as recession fears grow; Argentine peso down again The Argentine peso declined for a third day on Wednesday and most Latin American markets weakened as worrying economic data from China and Germany an...
18:17, 2019-08-14

Brazil's CPFL considers bidding in privatization of distribution co, looks for other targets- exec Brazilian power company CPFL Energia is considering bidding in the privatization of Rio Grande do Sul state power company CEEE and looking for other ...
18:17, 2019-08-14

Ford extends warranty on certain Focus, Fiesta models Ford Motor Co said on Wednesday it is extending warranty on clutch and related hardware in certain of its Focus and Fiesta cars due to complaints rel...
18:17, 2019-08-14

UPDATE 1-Novartis says top R&D execs no longer at Avexis unit after test data manipulation Novartis said on Wednesday the two top research & development executives at its Avexis unit were no longer at the company after some data from early ...
18:17, 2019-08-14

FCC chairman circulates order to approve Sprint, T-Mobile tie-up Federal Communications Commission chairman Ajit Pai on Wednesday circulated a draft order that would grant approval to the $26 billion tie-up of T-Mo...
18:17, 2019-08-14

UPDATE 4-Argentina announces economic relief plan, peso keeps dropping Argentine President Mauricio Macri on Wednesday unveiled a package of welfare subsidies and lower taxes for workers to lessen the impact of an econom...
18:17, 2019-08-14

UPDATE 1-FCC chairman circulates order to approve Sprint, T-Mobile tie-up Federal Communications Commission Chairman Ajit Pai on Wednesday circulated a draft order that would grant approval to the $26 billion tie-up of T-Mo...
18:17, 2019-08-14

Brazil's Petrobras plans to sell 15 of the 26 power plants next year- exec Brazil's state-controlled oil company Petroleo Brasileiro SA plans to sell 15 of the 26 power plants it owns, Petrobras head of downstream, Anelise L...
18:17, 2019-08-14

Top Canada ethics watchdog says PM Trudeau contravened conflict of interest rules Canada's top ethics watchdog on Wednesday ruled Prime Minister Justin Trudeau and his officials had contravened conflict of interest rules by trying ...
18:17, 2019-08-14

GLOBAL MARKETS-Stocks, oil tank on growing signs of global slowdown Equity markets tanked and oil prices fell sharply on Wednesday after a closely watched bond indicator pointed to the growing risk of a U.S. recessio...
18:17, 2019-08-14

Trump says any Fed action is "very, very late" U.S. President Donald Trump on Wednesday moved to blame the Federal Reserve for being to slow to change its monetary policy and urging it to act more...
18:17, 2019-08-14

UPDATE 1-Ford extends warranty on 560,000 Focus, Fiesta models Ford Motor Co said on Wednesday it was extending warranty on clutch and related hardware in 560,000 Focus and Fiesta cars that were reported to have ...
18:17, 2019-08-14

Education group urges U.S. Justice Department to block textbook merger An education group seeking to increase access to college textbooks and research materials on Wednesday asked the U.S. government to block the propose...
18:17, 2019-08-14

UPDATE 2-Canada's CAE profit miss, weak cash flow send shares tumbling Canada's CAE Inc fell short of analysts' profit expectations on Wednesday and reported weaker-than-expected free cash flow in the quarter, sending it...
18:17, 2019-08-14

UPDATE 3-U.S. lawmakers push Mylan, Teva over drug pricing probe The head of the U.S. House of Representative's oversight panel on Wednesday called on three drugmakers to turn over documents as part of an ongoing c...
18:17, 2019-08-14

Cathay Pacific says has fired two pilots over Hong Kong protests Cathay Pacific Airways has terminated the employment of two pilots, the company said on Wednesday, after it suspended them in the past week over thei...
15:17, 2019-08-14

India's Edelweiss Financial to raise $125 mln from U.S.-based Kora Management Edelweiss Financial Services Ltd said on Wednesday U.S.-based Kora Management would invest $125 million in the Indian financial services company, wee...
15:17, 2019-08-14

UPDATE 1-U.S. lawmakers push Mylan, Teva over drug pricing probe -statement The head of the U.S. House of Representative's oversight panel on Wednesday called on three drugmakers to turn over documents as part of an ongoing c...
15:17, 2019-08-14

WeWork lifts veil on finances with IPO filing WeWork owner The We Company on Wednesday filed with regulators for an initial public offering and published detailed financial statements for the fir...
15:17, 2019-08-14

UPDATE 1-Canada Goose posts smaller-than-expected loss on sales of costlier jackets Canada Goose Holdings Inc on Wednesday posted quarterly loss that was smaller than analysts had feared, as the company sold costlier jackets and park...
15:17, 2019-08-14

US STOCKS-Recession fears hit Wall Street after grim China, German data Wall Street was set to open lower on Wednesday, as poor economic data from China and Germany put the focus back on the impact of a bruising Sino-U.S....
15:17, 2019-08-14

CAE profit falls 11% on higher expenses Canada's CAE Inc reported a 11.4% fall in quarterly profit on Wednesday, as the world's largest civil aviation training company was hit by higher exp...
15:17, 2019-08-14

UPDATE 2-WeWork shows widening losses in IPO filing WeWork owner The We Company on Wednesday filed with regulators for an initial public offering and published detailed financial statements for the fir...
15:17, 2019-08-14

Brazil's Itau focuses on growing payment app, less on card processing Brazilian lender Itau Unibanco Holding SA is shifting its payment services strategy to focus on its most profitable segments, a senior executive told...
15:17, 2019-08-14

Canadian pension giant plans hiring spree in Asia, Europe Ontario Teachers' Pension Plan, one of the world's biggest pension funds, plans to hire "extensively" in Asia and Europe over the next two years and ...
15:17, 2019-08-14

UPDATE 1-CAE profit misses on higher costs Canada's CAE Inc fell short of analysts' profit expectations on Wednesday, as the world's largest civil aviation training company was hit by higher e...
15:17, 2019-08-14

China's Meituan Dianping builds mapping service Meituan Dianping , a Chinese online food delivery-to-ticketing firm, has started building a mapping service, with an aim to enter an area currently d...
13:17, 2019-08-14

India's Coffee Day to sell Bengaluru tech park to Blackstone, cut debt Coffee Day Enterprises Ltd said on Wednesday it planned to sell a tech park it owned in the southern Indian city of Bengaluru to Blackstone for up to...
13:17, 2019-08-14

CEE MARKETS-Zloty hits 13-month low as CEE growth slows The Polish zloty fell to a 13-month low on Wednesday, drifting weaker in light trading as data showed the euro zone's slowdown starting to put the br...
13:17, 2019-08-14

Air Canada sees A220 jet delivering boost for key U.S. transit traffic Air Canada said on Wednesday it will launch a direct Seattle-Montreal service next spring with its new A220-300 jets, as the carrier eyes new routes ...
13:17, 2019-08-14

Starbucks China rival Luckin sales surge in first results since IPO Luckin Coffee Inc reported a more than seven-fold jump in quarterly revenue on Wednesday, in its first earnings report as a public company, as the Ch...
13:17, 2019-08-14

UPDATE 1-IT services company Presidio to go private in $2 bln deal IT services company Presidio Inc said on Wednesday it would be taken private by BC Partners in a $2 billion all-cash deal, as the European buyout fun...
13:17, 2019-08-14

U.S. lawmakers push Mylan, Teva over drug pricing probe -statement The head of the U.S. House of Representative's oversight panel on Wednesday called on three drugmakers to turn over documents as part of an ongoing c...
13:17, 2019-08-14

PRESS DIGEST- New York Times business news - Aug 14 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....
11:51, 2019-08-14

JGB prices retreat along with Treasuries after Trump tariff delay Japanese government bond prices eased on Wednesday with yields coming off three-year lows along with U.S. Treasuries, after Washington said it would ...
11:51, 2019-08-14

Axel Springer revenue, profits fall in Q2 as weaker economy weighs German publisher Axel Springer reported a decline in revenue and profits in the second quarter, as a weakening economy hit its jobs classifieds busin...
11:51, 2019-08-14

In Hong Kong, a protest boom for some businesses starts waning John Lam's safety equipment shop has been spared the global downdraft shaking Hong Kong's economy. In times of crisis, businesses providing basic nec...
11:51, 2019-08-14

UPDATE 1-Anbang's Japan properties up for sale, Blackstone seen bidding -sources China's troubled Anbang Insurance Group has put its $2.4 billion property portfolio in Japan up for sale and previous owner Blackstone Group is biddi...
11:51, 2019-08-14

Japan shares rise sharply on Trump's tariff delay; Apple suppliers soar Japanese stocks on Wednesday recouped nearly all of the previous day's sharp losses, thanks to Washington delaying the start of tariffs on some Chine...
11:51, 2019-08-14

UPDATE 1-Car dealership Lookers sees more costs to fix problems related to sales practices Car dealership Lookers Plc on Wednesday posted a steep drop in first-half profit and said it sees higher costs over the next several years, as it car...
11:51, 2019-08-14

European shares dip as global growth worries persist European shares were slightly lower on Wednesday, as a weak growth outlook from Germany and China stoked fears of a global slowdown, overshadowing a ...
11:51, 2019-08-14

China stocks end higher, bleak data curb gains China stocks closed higher on Wednesday, following the tariffs reprieve from Washington, but gave up much of early gains as bleak data rekindled worr...
11:51, 2019-08-14

TABLE-UAE's Fujairah oil inventory data for week ended Aug 12 Fujairah Oil Industry Zone on Wednesday published, via industry information service S&P Global Platts, the following weekly inventory data for oil pr...
11:51, 2019-08-14

Axel Springer on lookout for M&A even as KKR deal awaits closing Axel Springer is on the lookout for acquisition opportunities, CEO Mathias Doepfner said on Wednesday, adding the German publisher did not feel const...
11:51, 2019-08-14

Mohamed Yousuf Naghi Motors acquires Ford and Lincoln dealership in Saudi Arabia Saudi automotive company Mohamed Yousuf Naghi Motors has acquired the Ford Motor and Lincoln distributorship from Al Jazirah Vehicles Agencies Co in ...
11:51, 2019-08-14

Germany's Stada is "very selective" on acquisitions, CEO says German generic drugmaker Stada will be careful about buying businesses and companies outright and will for now focus mainly on striking production an...
07:51, 2019-08-14

Anbang to sell entire $2.4 bln Japanese property portfolio, Blackstone seen bidding -sources China's troubled Anbang Insurance Group has started a sale of its entire $2.4 billion Japanese property portfolio and previous owner Blackstone Group...
07:51, 2019-08-14

Chile's LATAM Airlines posts narrower loss in Q2 -filing Chile's LATAM Airlines Group posted a loss of $63 million in the second quarter, a significant reduction compared to a loss of $206 million in the sa...
05:17, 2019-08-14

CORRECTED-GLOBAL MARKETS-Shares, dollar rebound on thaw in U.S.-China trade war U.S. and European stocks jumped, the dollar strengthened and Treasury yields rose on Tuesday after the United States said it would delay tariffs on s...
05:17, 2019-08-14

WRAPUP 5-Argentine markets gripped for second day by election-related fears Argentina's peso closed weaker again on Tuesday following a second day of market turmoil triggered by opposition candidate Alberto Fernandez's landsl...
05:17, 2019-08-14

UPDATE 1-Chile's LATAM Airlines posts $63M loss, dragged by Argentina recession Chile's LATAM Airlines Group, South America's largest airline, posted a narrower loss of $63 million in the second quarter, boosted by growing revenu...
05:17, 2019-08-14

HK airport says it has injunction to stop protesters obstructing operations Hong Kong's Airport Authority said on Wednesday it had obtained an interim injunction to restrain people from "unlawfully and wilfully obstructing" t...
05:17, 2019-08-14

PRESS DIGEST- British Business - Aug 14 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...
05:17, 2019-08-14

Australia's Argosy Minerals buys Nevada-based Tonopah lithium project Lithium-focused explorer Argosy Minerals Ltd on Wednesday said it has executed an agreement to buy tenements comprising the Tonopah Lithium Project i...
05:17, 2019-08-14

CORRECTED-IBM, India's Tata join U.S. tech platform's governing council International Business Machines Corp and Tata Communications have joined the governing council of Hedera Hashgraph, a distributed public ledger platf...
05:17, 2019-08-14

US aviation regulator bans select MacBook Pro laptops from flights U.S. Federal Aviation Administration (FAA) has banned certain models of Apple Inc's MacBook Pro laptops on flights, after the company recalled select...
05:17, 2019-08-14

Japanese stocks rebound on Trump's tariff delay; Apple suppliers shine Japanese stocks bounced on Wednesday, after Washington delayed tariffs on some Chinese imports in much-needed reprieve for markets, with chipmaking s...
05:17, 2019-08-14

Cannabis firm Tilray posts bigger quarterly loss Canada's Tilray Inc posted a bigger quarterly loss on Tuesday, as the company ramped up investments to produce and sell more cannabis and grab a larg...
02:17, 2019-08-14

EMERGING MARKETS-Most Latam markets rebound on China relief, Argentine peso extends falls Most Latin American markets rebounded on Tuesday as fears of further escalation in U.S.-China trade tensions eased slightly after the United States d...
02:17, 2019-08-14

GLOBAL MARKETS-Shares, dollar rebound on thaw in U.S.-China trade war U.S. and European stocks jumped, the dollar strengthened and Treasury prices rose on Tuesday after the United States said it would delay tariffs on s...
02:17, 2019-08-14

Venezuela's congress to create committee for future debt renegotiation Venezuela's opposition-run congress said on Tuesday it will form a commission that will eventually renegotiate the country's debt, much of which is i...
02:17, 2019-08-14

WRAPUP 4-Concern over Macri's future again hits Argentina markets Argentina's peso closed weaker again on Tuesday following a second day of market turmoil triggered by opposition candidate Alberto Fernandez's landsl...
02:17, 2019-08-14

UPDATE 2-Continental Resources CEO urges OPEC, shale oil output cuts OPEC and U.S. shale producers should reduce crude shipments into an oversupplied market, Continental Resources Chief Executive Harold Hamm said on Tu...
02:17, 2019-08-14

REFILE-U.S. FTC chief says prepared to break up big tech firms - Bloomberg U.S. Federal Trade Commission is prepared to break up major technology platforms if necessary by undoing their past mergers, Chairman Joe Simons said...
02:17, 2019-08-14

UPDATE 1-U.S. FTC chief says regulator is prepared to break up big tech firms -Bloomberg The U.S. Federal Trade Commission is prepared to break up major technology companies if necessary by undoing past mergers, Chairman Joe Simons said i...
02:17, 2019-08-14

UPDATE 5-Trump hopes 'tricky' Hong Kong situation works out 'for liberty' U.S. President Donald Trump said on Tuesday the situation in Hong Kong was tricky, but he hoped it would work out for everybody, including China, and...
02:17, 2019-08-14

UPDATE 1-Honda says it will stop making autos in Argentina in 2020 Japan's Honda Motor Co on Tuesday said it will stop producing automobiles in Argentina next year as part of a global shift in how it shares productio...
02:17, 2019-08-14

UPDATE 1-Argentina market rout pummels Brazilian hedge fund A Brazilian hedge fund was among the casualties of Monday's market rout on Argentine assets, with at least 75 percent of its equity exposure sufferin...
02:17, 2019-08-14

Australia's Aveo Group signs takeover deal with Canada's Brookfield Australia's Aveo Group on Wednesday said it had signed a deal with units of Brookfield Asset Management under which the Canadian firm will buy the Au...
02:17, 2019-08-14

Brazil's Banco Pan confirms hiring banks for share offering- filing Brazil's Banco Pan SA confirmed on a securities filing late on Tuesday the bank has hired the investment banking units of Banco BTG Pactual, Caixa Ec...
02:17, 2019-08-14

UPDATE 2-Cannabis firm Tilray sees growth slowing, loss nearly triples as investments weigh Canadian pot producer Tilray Inc reported a wider-than-expected quarterly loss on Tuesday, as it ramped up investments to boost production and warned...
02:17, 2019-08-14

Hong Kong airport resumes flights after clashes, mass protests Hong Kong's airport resumed operations on Wednesday, rescheduling hundreds of flights that had been disrupted over the past two days as protesters cl...
02:17, 2019-08-14

UPDATE 3-Deciphera shares skyrocket as cancer drug improves progression-free survival Deciphera Pharmaceuticals Inc's shares more than doubled on Tuesday after the drugmaker said its treatment helped stomach cancer patients live longer...
19:34, 2019-08-13

Canadian drug price regulator may be flexible on rare diseases Canada's patented drug price regulator, set to gain new powers next year, may be "more forgiving" in setting price caps for drugs that treat rare dis...
19:34, 2019-08-13

Norwegian to stop flying from Ireland to U.S. and Canada Norwegian Air will stop flying from Ireland to the United States and Canada from mid-September as the routes had become commercially unviable, the co...
19:34, 2019-08-13

Smart watches, Bluetooth headphones to get tariffs Sept. 1-USTR Some consumer electronics items spared from previous U.S. tariffs on Chinese goods, including smart watches, fitness trackers, smart speakers and Blu...
19:34, 2019-08-13

WRAPUP 2-U.S. inflation picking up; Fed rate cut still expected U.S. consumer prices increased broadly in July, but the signs of an acceleration in inflation will likely do little to change market expectations tha...
19:34, 2019-08-13

AmVac sees Brazil as prime user of new pesticide application system Executives at agrochemicals company American Vanguard Corp, or AmVac, believe farmers in Brazil will become the prime users of a new pesticide applic...
19:34, 2019-08-13

Brick & Mortar fund raises $97 mln to make construction tech-savvy Brick & Mortar Ventures, a venture capital fund founded by a scion of family-run Bechtel Corp, said on Tuesday it had raised $97.2 million from leadi...
19:34, 2019-08-13

Trump hopes 'tough' Hong Kong situation will work out 'for liberty' U.S. President Donald Trump said on Tuesday the situation in Hong Kong was very tough, but he hoped it would work out without anyone getting hurt and...
19:34, 2019-08-13

UPDATE 4-U.S. to delay China tariffs on some products, including laptops, cell phones The Trump administration on Tuesday delayed imposing a 10% import tariff on laptops, cell phones, video game consoles and a wide range of other produ...
19:34, 2019-08-13

Copper exports resume from Peruvian port of Matarani-port operator Copper exports from the port of Matarani have resumed after anti-mining protests that had blocked key infrastructure in the country's southern copper...
19:34, 2019-08-13

U.S. regulators to drop accounting test in 'Volcker' rewrite - sources U.S. regulators have circulated a new draft of the "Volcker Rule" that would further ease its requirements and scrap a proposed new test that had bee...
19:34, 2019-08-13

WRAPUP 1-Peso and bonds down again on fears of Argentina return to populism Argentina's peso and dollar-denominated bonds dropped again on Tuesday as market turmoil spilled into a second day following opposition candidate Alb...
19:34, 2019-08-13

UPDATE 1-Snap, in augmented reality push, launches new Spectacles version Snap Inc said Tuesday it will launch a new version of its Spectacles sunglasses that will have the capability of capturing photos and videos and uplo...
19:34, 2019-08-13

UPDATE 1-Copper exports resume from Peruvian port of Matarani-port operator Copper exports from the port of Matarani have resumed after anti-mining protests that had blocked key infrastructure in the country's southern copper...
19:34, 2019-08-13

UPDATE 1-Apple's AirPods will not escape Trump's China tariffs Apple Inc's AirPods, Apple Watch and HomePod, which have helped the company to offset waning sales of its bestselling iPhone this year, are not inclu...
19:34, 2019-08-13

UPDATE 2-Trump hopes 'tricky' Hong Kong situation works out 'for liberty' U.S. President Donald Trump said on Tuesday the situation in Hong Kong was tricky, but he hoped it would work out for everybody, including China, and...
19:34, 2019-08-13

WRAPUP 1-U.S. inflation accelerates; Fed rate cut still expected U.S. consumer prices increased broadly in July, but the signs of an acceleration in inflation will likely do little to change market expectations tha...
17:00, 2019-08-13

UK PM Johnson says most important trade deal is with the EU British Prime Minister Boris Johnson said on Tuesday that the most important free trade deal that Britain needed to strike was with the European Unio...
17:00, 2019-08-13

Transneft's payments to Ukraine for dirty oil rise to $3.3 mln Ukrainian pipeline operator Ukrtransnafta said on Tuesday that Russian oil pipeline monopoly Transneft has paid it 2.9 million euros ($3.25 million) ...
17:00, 2019-08-13

Brazil's Banco Pan hires banks for share offering of up to $376 mln Brazilian lender Banco Pan SA has hired four investment banks to manage a share offering valued at as much as 1.5 billion reais ($376.43 million), t...
17:00, 2019-08-13

US STOCKS SNAPSHOT-Wall St opens lower amid geopolitical tensions, trade worries U.S. stocks opened lower on Tuesday, tracking a global shift out of riskier assets, as investors grappled with simmering geopolitical tensions and fe...
17:00, 2019-08-13

Third Point cuts United Technologies stake after opposing Raytheon deal Hedge fund Third Point LLC said on Tuesday that it recently cut its investment in United Technologies Corp, becoming the second activist hedge fund t...
17:00, 2019-08-13

CANADA STOCKS-TSX little changed as gains in gold miners offset energy losses Canada's main stock index opened nearly flat on Tuesday as gains in shares of precious metal miners, lifted by higher prices for safe asset gold, cou...
17:00, 2019-08-13

UPDATE 1-Argentina default concerns grow after market crash Concerns about Argentina adding to its long list of sovereign defaults swirled on Tuesday, as investors continued to digest the heavy defeat of pro-r...
17:00, 2019-08-13

US STOCKS SNAPSHOT-Wall Street jumps after U.S. to delay some China tariffs U.S. stocks turned sharply higher on Tuesday after the U.S. Trade Representative said additional tariffs on some Chinese goods, including cell phones...
17:00, 2019-08-13

U.S. to delay China tariffs on some products, including laptops, cell phones The Trump administration will delay 10% tariffs on certain Chinese products, including laptops and cell phones, that had been scheduled to start next...
17:00, 2019-08-13

Apple-supplier Foxconn's second-quarter profit falls less than expected Taiwan's Foxconn, which makes smartphones for Apple and other brands, reported a 2.5% fall in quarterly profit on Tuesday, a slightly smaller declin...
17:00, 2019-08-13

UPDATE 1-U.S. to delay China tariffs on some products, including laptops, cell phones The Trump administration will delay imposing a 10% tariff on certain Chinese products, including laptops and cell phones, that had been scheduled to ...
17:00, 2019-08-13

CANADA STOCKS-TSX turns higher as U.S. plans to delay some tariffs Canada's main stock index reversed course to turn sharply higher after Washington decided to delay 10% tariffs on some Chinese products, including la...
17:00, 2019-08-13

UPDATE 1-India needs time to restore order in Kashmir -top court judge Indian authorities need more time to restore order in Kashmir, a Supreme Court justice said on Tuesday as a security clampdown entered a ninth day si...
17:00, 2019-08-13

REFILE-UPDATE 8-Macri vows to win second term after Argentine peso crashes on primary results Argentine President Mauricio Macri vowed on Monday to win a second term despite a surprisingly strong performance by the opposition in the primary el...
07:00, 2019-08-13

UPDATE 1-Senator Grassley seeks info on Novartis's Zolgensma data issues U.S. Senate Finance Committee Chairman Chuck Grassley has asked Swiss drugmaker Novartis AG to provide details on data manipulation related to its $2...
07:00, 2019-08-13

UPDATE 2-Occidental finance chief pledges to quickly pare acquisition debt Occidental Petroleum Corp expects to quickly reduce the $40 billion in debt it took on with its purchase of Anadarko Petroleum, the company's finance...
07:00, 2019-08-13

UPDATE 2-Texas power demand sets record high as heat wave bakes U.S. Southeast Demand for electricity in Texas hit a record on Monday as consumers cranked up their air conditioners to escape a heat wave that is currently baking ...
07:00, 2019-08-13

Brazil retailer Magazine Luiza Q2 profit jumps almost 180% Brazilian electronics and appliance retailer Magazine Luiza SA said on Monday its second-quarter net profit almost tripled year-on-year, helped by no...
07:00, 2019-08-13

UPDATE 1-Brazil retailer Magazine Luiza Q2 profit jumps 175% Brazilian electronics and appliance retailer Magazine Luiza SA said on Monday its second-quarter net profit almost tripled year-on-year, helped by no...
07:00, 2019-08-13

PRESS DIGEST- British Business - Aug 13 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...
07:00, 2019-08-13

Mexican regulator approves construction of Pemex oil refinery, with conditions Mexico's oil industry environmental regulator said on Monday it had approved the construction of a refinery for state oil company Pemex, but imposed ...
07:00, 2019-08-13

PG&E receives more equity commitment proposals Power producer PG&E Corp said on Monday it had received more proposals for equity commitments to support the company's reorganization, following an e...
07:00, 2019-08-13

GLOBAL MARKETS-Asia shares slip as Hong Kong unrest, Argentine peso crash rattle investors Asian shares fell on Tuesday as fears about a drawn out Sino-U.S. trade war, protests in Hong Kong and a crash in Argentina's peso currency drove inv...
07:00, 2019-08-13

METALS-Shanghai aluminium hits 2-1/2-mth high as typhoon hits top producer Shanghai aluminium rose to its highest in more than two months on Tuesday, as a typhoon in China affected the world's top aluminium producer, raising...
07:00, 2019-08-13

UPDATE 1-Mexican regulator approves Pemex oil refinery construction, with environmental conditions The environmental regulator for Mexico's oil industry said on Monday it had approved the construction of a refinery for state oil company Pemex, but ...
07:00, 2019-08-13

GLOBAL MARKETS-Asia shares tumble as Hong Kong unrest, Argentine peso crash unnerve investors Asian shares slumped on Tuesday as fears about a drawn out Sino-U.S. trade war, protests in Hong Kong and a crash in Argentina's peso currency drove ...
07:00, 2019-08-13

Japan stocks slip to 1-week low on firmer yen, trade war worries Japanese shares shed more than 1% on Tuesday on the first trading day after a long weekend, as a firmer yen and fresh worries about the escalating U....
07:00, 2019-08-13

METALS-Shanghai aluminium jumps to 2-1/2-month high on supply worries Shanghai aluminium rallied to its highest in more than two months on Tuesday, as a typhoon in China hit the world's top aluminium producer and raised...
07:00, 2019-08-13

UPDATE 3-Saudi Aramco aims to buy Reliance stake, reports 12% earnings slide Saudi Aramco is planning a blockbuster investment in Reliance Industries, the Indian firm announced on Monday, as the energy giant diversifies its bu...
14:17, 2019-08-12

Evolus says launch of its Botox rival ahead of its expectations Evolus Inc on Monday reported revenue of $2.3 million from early sales of its newly launched rival to Allergan Plc's Botox, ahead of its own expectat...
14:17, 2019-08-12

UK PM Johnson has no meeting scheduled with Ireland's Varadkar- spokesman British Prime Minister Boris Johnson has no meeting scheduled with his Irish counterpart Leo Varadkar to discuss Brexit, Johnson's spokesman said on ...
14:17, 2019-08-12

CannTrust Ontario facility gets non-compliant rating from Health Canada Canadian health regulator rated CannTrust Holdings Inc's Vaughan, Ontario facility non-compliant with some rules, the cannabis company said on Monday...
14:17, 2019-08-12

UPDATE 1-Barrick quarterly profit nearly doubles on higher output Barrick Gold Corp forecast annual gold production at the upper end of its guidance range and said quarterly adjusted profit nearly doubled on the bac...
14:17, 2019-08-12

US STOCKS-Futures fall on trade war, global growth worries U.S. stock index futures fell on Monday, as investors shunned risky bets on fears that a drawn-out trade war between the United States and China woul...
14:17, 2019-08-12

UPDATE 1-Rite Aid hires CEO as part of restructuring plan Rite Aid Corp on Monday named Heyward Donigan as chief executive officer, effective immediately, months after the drugstore chain announced its restr...
14:17, 2019-08-12

Cloudera to give two board seats to Icahn in settlement Cloudera Inc said on Monday it would give two board seats to Carl Icahn as part of an agreement with the activist investor to limit his ownership in ...
14:17, 2019-08-12

China's Zhihu completes $434 mln fund raising, its largest China's largest question-and-answer platform Zhihu said on Monday it had secured a $434 million investment from Baidu Inc and Beijing Kuaishou Techno...
14:17, 2019-08-12

Walmart brand to be dropped from supermarkets in Brazil Private equity firm Advent International Corp will drop the Walmart Inc brand from supermarkets it acquired last year in Brazil by June 2020, the Bra...
14:17, 2019-08-12

UPDATE 1-CannTrust Vaughan, Ontario facility gets non-compliant rating from govt Health Canada on Monday slapped a non-compliant rating on CannTrust Holdings Inc's Vaughan, Ontario facility, about a month after the regulator found...
14:17, 2019-08-12

UPDATE 1-Evolus reports sales of its Botox rival ahead of expectations Medical aesthetics company Evolus Inc on Monday beat Wall Street estimates for second-quarter revenue from its newly launched rival to Allergan Plc's...
14:17, 2019-08-12

IBM, India's Tata join U.S. tech platform's governing council International Business Machines Corp and Tata Communications have joined the governing council of Hedera Hashgraph, a distributed public ledger platf...
14:17, 2019-08-12

European shares rebound, AMS bid for Osram puts M&A in focus European shares bounced back on Monday after a tumultuous week highlighted by U.S.-China trade tensions and Italy's political turmoil, with a bidding...
10:17, 2019-08-12

UPDATE 1-Tullow makes major oil discovery in Guyana Tullow Oil announced on Monday a major oil discovery in the Orinduik block in Guyana, raising expectations it will move to develop a field in the oil...
10:17, 2019-08-12

Ex-divs to take 29.9 points off FTSE 100 on Aug 15 The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. Ac...
10:17, 2019-08-12

GRAPHIC-Take Five: The devil's in the data Fears of a major downturn in euro zone powerhouse Germany have grown following "scary" industrial output figures for June and reports due this week t...
10:17, 2019-08-12

Tullow makes major oil discovery in Guyana Tullow Oil announced on Monday a major oil discovery in the Orinduik block in Guyana, raising expectations it will move to develop a field in the oil...
09:51, 2019-08-12

PRESS DIGEST- New York Times business news - Aug 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....
09:17, 2019-08-12

GLOBAL MARKETS-Asian shares turn lower on Sino-U.S. trade, recession worries Worries that a prolonged Sino-U.S. trade war could tip the world and U.S. economies into recession weighed on Asian equities on Monday, offsetting a ...
09:17, 2019-08-12

No-deal Brexit could deepen Europe's shortage of medicines - experts As the Oct. 31 deadline for Britain to leave the European Union approaches, health professionals are warning that shortages of some medicines could ...
09:17, 2019-08-12

UPDATE 1-Saudi Aramco's first-half net income falls 12% on lower oil prices Top oil producer Saudi Aramco maintained its position as the world's most profitable company on Monday even as it reported a 12% drop in first-half n...
09:17, 2019-08-12

CORRECTED-WHO says no new Ebola cases in Goma, vaccinates over 1,300 The World Health Organisation said it has vaccinated over 1,300 people who potentially came into contact with the Ebola virus in the Congolese city o...
06:51, 2019-08-12

BlackRock poised to become Authentic Brands' largest shareholder -WSJ BlackRock Inc is taking a stake in Authentic Brands Group LLC in a deal valuing the U.S.-based entertainment company at more than $4 billion includin...
06:51, 2019-08-12

UPDATE 1-BlackRock becomes Authentic Brands' largest shareholder with $875 million stake BlackRock Inc's new private equity fund Long Term Private Capital (LTPC) has completed its maiden investment, taking up an $875 million stake in Auth...
06:51, 2019-08-12

UPDATE 1-U.S. adviser Bolton to urge tougher UK stance on Iran and China John Bolton, U.S. President Donald Trump’s national security adviser, arrived in London on Sunday for talks at which he is expected to urge Britain t...
06:51, 2019-08-12

Apple supplier AMS makes 38.50 euros/share takeover offer for Germany's Osram Apple supplier AMS AG said it has made an all-cash takeover offer for German lighting group Osram Licht AG at an offer price of 38.5 euros per share....
06:51, 2019-08-12

UPDATE 2-Sensor specialist AMS triggers bidding war for Germany's Osram Austrian sensor specialist AMS triggered a bidding war for Osram on Sunday, saying it was ready to pay $3.8 billion for the German lighting group's s...
06:51, 2019-08-12

Air Canada raises Transat purchase offer to C$720 mln Canada's largest airline Air Canada has raised the value of its offer to buy Canadian tour operator Transat AT Inc to about C$720 million ($544.75 mi...
06:51, 2019-08-12

GLOBAL MARKETS-Asian shares falter as U.S.-China trade war, recession worries weigh Asian shares fell on Monday morning, while gold prices held firm as investors worried a prolonged Sino-U.S. trade war could tip the world and U.S. ec...
06:51, 2019-08-12

Great Pacific offers to take Canfor Corp private at C$16 a share Great Pacific Capital Corp has offered to take private Canadian integrated forest products company Canfor Corp at C$16 per share, or about C$2 billio...
06:51, 2019-08-12

METALS-Nickel rally resumes amid Indonesia ore ban fears London nickel prices rose sharply in volatile Asian trade early on Monday as speculation continued that key producer Indonesia is about to bring forw...
06:51, 2019-08-12

PRESS DIGEST- British Business - Aug 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...
06:51, 2019-08-12

GLOBAL MARKETS-Asian shares inch up on China recovery, yuan fixing Gains by Chinese equities and the yuan's stronger-than-expected daily fixing helped lift a broad gauge of Asian shares above water on Monday, but fir...
06:51, 2019-08-12

METALS-Nickel rally turns into rout as bulls close positions London nickel prices plunged after an initial surge in volatile trade on Monday as bulls that placed bets on Indonesia bringing forward a ban on mine...
06:51, 2019-08-12

Iraq says Eni, BP deal doesn't mean Exxon excluded from southern mega-project Iraq's oil ministry said on Saturday that it was still in talks with U.S. energy giant ExxonMobil over a major deal to improve the country's southern...
06:51, 2019-08-11

Watchdog demands answers as power cut causes chaos across Britain Energy regulators on Saturday demanded an urgent report from the operator of Britain's electricity grid into what caused a power cut that led to chao...
06:51, 2019-08-11

UPDATE 1-Iraq says Eni, BP deal doesn't mean Exxon excluded from southern mega-project Iraq's oil ministry said on Saturday it was still in talks with U.S. energy giant ExxonMobil over a major deal to improve the country's southern oil ...
06:51, 2019-08-11

Italy not thinking about leaving euro - Salvini The leader of Italy's League Matteo Salvini, who this week pulled the plug on his own governing coalition and called for a snap election, said on Sat...
06:51, 2019-08-11

Ramaphosa asks court to seal certain documents in legal battle Lawyers for South African President Cyril Ramaphosa have asked a court to not make public certain information contained in the record of the country'...
06:51, 2019-08-11

UPDATE 6-Thousands defy crackdown in Moscow's biggest protest for years Tens of thousands of Russians staged what a monitoring group called the country's biggest political protest for eight years on Saturday, defying a cr...
06:51, 2019-08-11

REUTERS NEWS SCHEDULE AT 10 p.m. GMT/6 p.m. ET Here are the top stories and upcoming coverage plans for Reuters text service as of 6 p.m. ET/10 p.m. GMT. For a full schedule of news and events, go...
06:51, 2019-08-11

Hollywood studio cancels 'The Hunt' movie release after criticism Universal Pictures on Saturday canceled the release of "The Hunt," a satirical thriller about a group of Americans who are captured to be hunted and ...
06:51, 2019-08-11

RPT-Mexican banks report failures in processing card payments Several of Mexico's largest banks reported on Saturday that they were experiencing problems processing debit and credit card payments while some shop...
06:51, 2019-08-11

Hong Kong braces for fresh protests as marchers set to defy police ban Hong Kong protesters readied to take to the streets again on Sunday, defying a police ban on marches in the Chinese-controlled territory and continui...
06:51, 2019-08-11

Wall St Week Ahead-Investors look for consumer pressure ahead of next tariffs As President Donald Trump prepares to slap new tariffs on Chinese imports, investors are bracing for signs of pressure on U.S. consumers as top retai...
07:00, 2019-08-10

UPDATE 2-China's Huawei to invest $800 mln in new Brazil factory Huawei Technologies Co Ltd plans to build an $800 million plant in Brazil's Sao Paulo state over the next three years, the governor said, as the Chin...
07:00, 2019-08-10

UPDATE 3-Canada enacts drug price crackdown, in blow to pharmaceutical industry The Canadian government announced final regulations on Friday that should cut billions of dollars from patented drug prices that are among the highes...
07:00, 2019-08-10

Hedge fund Elliott hires Goldman Sachs partner Steven Barg -sources Hedge fund Elliott Management has hired Goldman Sachs partner Steven Barg who headed the investment bank's shareholder defense practice, two sources ...
07:00, 2019-08-10

U.S. still evaluating requests from firms to sell to China's Huawei - officials The U.S. Commerce Department is continuing to evaluate requests by U.S. companies to sell certain equipment to Chinese telecoms company Huawei Techno...
07:00, 2019-08-10

Brazil's brMalls partners with MercadoLibre for online sales - CEO Brazilian malls operator brMalls struck a partnership with Argentina's online marketplace MercadoLibre Inc to connect malls to e-commerce, an executi...
07:00, 2019-08-10

RPT-Moscow braces for another election protest despite crackdown Thousands of Russians are expected to rally again in Moscow on Saturday to demand free elections despite a police crackdown and a refusal by authorit...
07:00, 2019-08-10

UPDATE 2-Hedge fund Elliott hires Goldman partner Barg as head of corporate engagement Elliott Management, one of the world's busiest activist investors, has hired a Goldman Sachs Group Inc partner as its head of corporate engagement as...
07:00, 2019-08-10

Brazil's Braskem says court unfreezes 3.7 bln reais from its accounts Brazilian petrochemical producer Braskem SA said on Friday a local court accepted its request to free up 3.7 billion reais from its accounts that had...
07:00, 2019-08-10

Peru suspends permit for Southern Copper's $1.4 bln Tia Maria project Peru has suspended a construction permit it recently gave to Southern Copper Corp for its $1.4 billion Tia Maria copper project while officials can r...
07:00, 2019-08-10

UPDATE 3-Trump roils markets with comments on China trade, Huawei U.S. President Donald Trump on Friday said he was not ready to make a deal with China and even called a September round of trade talks into question,...
07:00, 2019-08-10

UPDATE 2-Peru suspends key permit for Southern Copper in U-turn on Tia Maria project Peru on Friday suspended a recently issued construction permit for Southern Copper's Tia Maria mine, a project that has triggered violent protests by...
07:00, 2019-08-10

UPDATE 1-China's Huawei to invest $800 mln in new Brazil factory amid 5G push Huawei Technologies Co Ltd plans to build an $800 million plant in Brazil's Sao Paulo state over the next three years, the governor said, as the Chin...
21:34, 2019-08-09

Japan's SoftBank chases more deals with Mexican startups Japan's SoftBank Group Corp is in advanced talks to invest in Mexican used car platform Kavak and financial technology firm Konfio, several people fa...
21:34, 2019-08-09

GLOBAL MARKETS-Gold gains as trade concerns weigh on global markets Signs of further escalation of the trade war between the United States and China and weak economic data from the United Kingdom weighed on global mar...
21:34, 2019-08-09

UPDATE 2-Trump says U.S., China still talking on trade but not ready for a deal U.S. President Donald Trump said on Friday that he was not ready to make a trade deal with China and had decided that the United States would not do ...
21:34, 2019-08-09

Adidas celebrates 70 years with star-studded building opening Adidas celebrated its 70th anniversary on Friday with appearances at its Bavaria campus by sponsored athletes such as tennis veteran Stan Smith and G...
21:34, 2019-08-09

Farm equipment maker Deere's dealers reel from trade war, bad weather When China announced this week that it had stopped buying U.S. agricultural products and might impose additional tariffs on farm shipments from Ameri...
21:34, 2019-08-09

Loan investors ask for higher minimum returns as Libor falls NEW YORK, Aug 9 (LPC) - Investors are seeking additional protection in volatile credit markets by asking companies to increase guaranteed minimum ret...
21:34, 2019-08-09

U.S. oil drillers cut rigs for sixth week in a row -Baker Hughes U.S. energy firms this week reduced the number of oil rigs operating for a sixth week in a row as producers cut spending on new drilling and completi...
21:34, 2019-08-09

Investors embrace ESG investing but don't target gun stocks Two new BlackRock Inc funds that exclude gun makers are off to slow starts as socially-minded investors embrace other products addressing a wide rang...
21:34, 2019-08-09

China charters first U.S. crude cargo since newest Trump tariff threat - sources Chinese oil trader Unipec chartered a supertanker to ship U.S. crude to China in September, trading sources said, the first such cargo since U.S. Pre...
21:34, 2019-08-09

TIMELINE-Key dates in the U.S.-China trade war Hopes for an early settlement of the yearlong U.S.-China trade war dimmed this week after the United States accused China of manipulating its currenc...
21:34, 2019-08-09

National Grid says cause of major UK power cut has been resolved National Grid, which owns the electricity and gas transmission system in England and Wales, said the cause of a major power cut across Britain has no...
21:34, 2019-08-09

UPDATE 5-Trump says NRA could soften opposition to gun reforms after mass shootings U.S. President Donald Trump suggested on Friday he could persuade the powerful National Rifle Association lobby group to drop its strong opposition t...
21:34, 2019-08-09

CORRECTED-UPDATE 1-Man armed with loaded rifle arrested at Missouri Walmart A 20-year-old man was arrested on Thursday after he walked into a Walmart store in Missouri dressed in body armor and carrying a loaded rifle and 100...
21:34, 2019-08-09

UPDATE 4-Walmart tells staff to pull violent video game signage from stores Walmart Inc said on Friday it has asked employees at its stores in the United States to take down signs and playable demos of violent video games but...
21:34, 2019-08-09

UPDATE 1-Beyond Meat shelves plans for Japan push, Mitsui says Beyond Meat Inc has shelved plans to enter Japan, according to a Japan-based investor, focusing more on the U.S. market where it recently bolstered f...
21:34, 2019-08-09

Sri Lanka tourism industry begins to recover after attacks, election is next hurdle Sri Lanka's tourism industry, badly hurt by Easter day bombings, is showing signs of gradual recovery, industry executives say, although a national e...
14:34, 2019-08-09

Indonesia to publish final report on Lion Air crash next month Indonesia's transport safety agency (KNKT) will publish a final report in September into last year's crash of a Lion Air Boeing 737 Max after obtaini...
14:34, 2019-08-09

Precious metal funds reap 4th biggest weekly inflows amid safe haven dash - BAML Precious metal funds recorded the fourth largest weekly inflows ever and investment-grade funds sucked in money, Bank of America Merrill Lynch said o...
14:34, 2019-08-09

Ivory Coast cocoa season grindings up 8% to 455,000 T- exporters *Ivory Coast cocoa grinders had processed 455,000 tonnes of beans since the start of the season in October to the end of July, data from exporters' a...
14:34, 2019-08-09

UPDATE 4-Malaysia files criminal charges against 17 Goldman Sachs executives Malaysia filed criminal charges on Friday against 17 current and former directors at subsidiaries of Goldman Sachs Group Inc following an investigati...
14:34, 2019-08-09

GLOBAL MARKETS-Europe rattled by Italy stress, safe havens keep gaining Trade war worries and the prospect of early elections in Italy and Britain hit European markets on Friday, while the week's search for safety left go...
14:34, 2019-08-09

UPDATE 1-Precious metal funds reap 4th biggest weekly inflows as investors play safe -BAML Precious metal funds recorded the fourth-largest inflows ever in the week to Wednesday and investment-grade funds sucked in money, Bank of America Me...
14:34, 2019-08-09

UPDATE 1-Italy's League seeks to trigger elections, files censure motion Italy's ruling League party filed a no-confidence motion against the prime minister on Friday, a move that the party's populist chief, Matteo Salvini...
14:34, 2019-08-09

CannTrust says KPMG withdraws audit report Cannabis producer CannTrust Holdings Inc said on Friday its auditor KPMG LLP has withdrawn its report on the company's financial statements for full-...
14:34, 2019-08-09

CANADA STOCKS-TSX futures down amid concerns over trade tensions Futures for Canada's main stock index were indicating a lower open on Friday, mirroring weaker global markets on the back of ongoing trade tensions b...
14:34, 2019-08-09

US STOCKS-Futures slip after Wall Street's best day in two months U.S. stocks futures slipped on Friday, a day after Wall Street roared back to record its biggest one-day rise in two months, as investors grappled wi...
14:34, 2019-08-09

UPDATE 1-CannTrust says KPMG withdraws audit report Cannabis producer CannTrust Holdings Inc said on Friday its auditor KPMG LLP has withdrawn its report on the company's financial statements for full-...
14:34, 2019-08-09

UPDATE 4-Economic downturn to hit Hong Kong like a "tsunami", city's leader warns Hong Kong's protests could hit the economy like a tsunami, the city's leader said on Friday, pledging daring economic reforms in response, even as ac...
14:34, 2019-08-09

China's Huawei eyes new Brazil factory amid 5G push Huawei Technologies Co Ltd plans to build an $800 million plant in Brazil's Sao Paulo state over the next three years, the governor said, as the Chin...
14:34, 2019-08-09

PRESS DIGEST-New York Times business news - Aug 9 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....
10:00, 2019-08-09

China's yuan holds soft tone after worst week in over a year China's yuan inched down against the dollar on Friday as traders awaited Beijing and Washington's next moves in their bruising tariff tussle, taking ...
10:00, 2019-08-09

METALS-London nickel retreats, but heads for best week since Nov 2017 London nickel prices eased on Friday, slipping from a 16-month high struck in the previous session, after Indonesia's nickel miners association said ...
10:00, 2019-08-09

Security firm G4S to separate cash solutions business British security contractor G4S said on Friday its board had approved plans to separate its cash solutions business as it looks to focus on its mains...
10:00, 2019-08-09

CORRECTED-Malaysia files charges against 17 current, former directors of Goldman Sachs units Malaysia filed criminal charges against 17 current and former directors at subsidiaries of Goldman Sachs Group Inc over the multi-billion dollar corr...
10:00, 2019-08-09

CORRECTED-UPDATE 1-Malaysia files charges against current, former directors of Goldman Sachs units Malaysia has filed criminal charges against 17 current and former directors at subsidiaries of Goldman Sachs Group Inc in a multi-billion-dollar corr...
10:00, 2019-08-09

Japan stocks track Wall Street higher, Shiseido soars Japanese stocks rose on Friday with the Nikkei pulling away from seven-month lows as investors took heart from a bounce on Wall Street, although fres...
10:00, 2019-08-09

UPDATE 1-G4S to separate cash solutions unit, plans to create two companies British security contractor G4S said on Friday its board had approved plans to separate its cash solutions business as it looks to focus on its core ...
10:00, 2019-08-09

UPDATE 2-Malaysia files charges against current, former directors of Goldman Sachs units Malaysia has filed criminal charges against 17 current and former directors at subsidiaries of Goldman Sachs Group Inc in a multi-billion-dollar corr...
10:00, 2019-08-09

Beyond Meat shelves plans for Japan push, Mitsui says Beyond Meat Inc has shelved plans to enter Japan, according to a Japan-based investor, focusing more on the U.S. market where it recently bolstered f...
10:00, 2019-08-09

Italy's political turmoil push European shares lower European shares fell on Friday, leading them to post a second straight week of losses, as worries about the stability of Italy's government rattled i...
10:00, 2019-08-09

UPDATE 1-Top Indian automakers plan production cuts amid industry crisis Indian automakers Tata Motors Ltd and Mahindra and Mahindra Ltd (M&M) said on Friday they would cut production at some plants in response to slowing ...
10:00, 2019-08-09

US STOCKS SNAPSHOT-Wall Street jumps; economic data eases trade worries U.S. stocks jumped on Thursday, giving the S&P 500 its biggest one-day percentage gain in about two months, as bond yields climbed a day after fallin...
23:17, 2019-08-08

Apple offers record 'bounty' to researchers who find iPhone security flaws Apple Inc is offering cyber security researchers up to $1 million to detect flaws in iPhones, the largest reward offered by a company to defend again...
23:17, 2019-08-08

Activision revenue beats estimates on higher investments Videogame maker Activision Blizzard Inc beat second-quarter revenue estimates on Thursday, benefiting from higher investments in its franchises to fe...
23:17, 2019-08-08

U.S.-based high-yield junk bond funds post largest weekly outflow since Oct. 2018 U.S.-based high-yield junk bond funds posted more than $4 billion of outflows in the week ended Wednesday, the largest weekly cash withdrawals since ...
23:17, 2019-08-08

CBS beats revenue estimates CBS Corp reported second-quarter revenue above estimates on Thursday, as the TV broadcaster got a boost from higher sales in its entertainment segmen...
23:17, 2019-08-08

U.S. Senator Rubio urges Trump to bar exceptions to Huawei ban U.S. Senator Marco Rubio said on Thursday President Donald Trump should not allow tech companies to receive special permission to sell equipment to g...
23:17, 2019-08-08

GLOBAL MARKETS-China trade data calms volatile global markets Stronger-than-expected Chinese export data helped push global stock markets higher on Thursday following a volatile week that had investors scramblin...
23:17, 2019-08-08

Broadcom to buy Symantec's enterprise security business for $10.7 bln Chipmaker Broadcom Inc is buying Symantec Corp's enterprise security business for $10.7 billion in cash, the antivirus software maker said on Thursda...
23:17, 2019-08-08

UPDATE 1-CBS beats revenue estimates on higher entertainment sales CBS Corp reported second-quarter revenue above estimates on Thursday, as the TV broadcaster got a boost from higher sales in its entertainment segmen...
23:17, 2019-08-08

UPDATE 1-Activision third-quarter forecast disappoints; shares fall Videogame maker Activision Blizzard Inc's current-quarter forecast for profit and revenue fell short of estimates on Thursday, overshadowing better-t...
23:17, 2019-08-08

Pork producers win dismissal of price-fixing lawsuits -U.S. court ruling A federal judge on Thursday dismissed antitrust lawsuits accusing several large U.S. pork companies of conspiring to limit the supply of pork in orde...
23:17, 2019-08-08

UPDATE 1-U.S.-based high-yield junk bond funds post largest weekly outflow since October U.S.-based high-yield junk bond funds posted more than $4 billion of outflows in the week ended Wednesday, the largest weekly cash withdrawals since ...
23:17, 2019-08-08

UPDATE 2-Broadcom to buy Symantec's enterprise unit for $10.7 bln in software push Chipmaker Broadcom Inc will buy Symantec Corp's enterprise security business for $10.7 billion in cash, the antivirus software maker said on Thursday...
23:17, 2019-08-08

JP Morgan unit 'forgives' credit card debt of Canadian customers A unit of J.P Morgan Chase & Co has agreed to "forgive" the outstanding credit card debt of its Canadian cardholders as part of the U.S. bank's move...
23:17, 2019-08-08

U.S. SEC proposes rule changes to company legal, risk factor disclosures The U.S. Securities and Exchange Commission (SEC) on Thursday voted to propose rule changes to the way companies describe business, legal, and risk f...
23:17, 2019-08-08

Bond insurer MBIA sues banks over defaulted Puerto Rico bonds Bond insurance company MBIA Inc sued several financial institutions on Thursday over their role in underwriting billions of dollars of Puerto Rico bo...
23:17, 2019-08-08

Protests halt top copper mines in Peru from shipping, cut off supplies Anti-mining protests in Peru have held up about $400 million in copper exports from some of the country's top mines and blocked supplies from reachin...
23:17, 2019-08-08

UPDATE 1-Dropbox reports wider net loss, paying users up Dropbox Inc on Thursday reported a wider second-quarter net loss and said the number of users paying for its file sharing services rose slightly from...
23:17, 2019-08-08

UPDATE 1-Pork producers win dismissal of price-fixing lawsuits in U.S. A federal judge on Thursday dismissed antitrust lawsuits accusing several large U.S. pork companies of conspiring to limit the supply of pork to infl...
23:17, 2019-08-08

Colonial allocates Cycle 47 shipments on distillate Line 20 Colonial Pipeline Co is allocating space for Cycle 47 shipments on Line 20, which carries distillates from Atlanta to Nashville, Tennessee, according...
15:51, 2019-08-08

Brazil airline Azul reports 345 mln reais profit in Q2 Brazil's No. 3 airline, Azul SA, reported a profit of 345 million reais ($86.93 million) in the second quarter on Thursday, helped by a 21% increase ...
15:51, 2019-08-08

CBS and AT&T renew contract, ending 20 day-long blackout CBS Corp and AT&T Inc renewed their contract on Thursday, ending a 20 day-long blackout that began when the companies' previous, seven-year deal expi...
15:51, 2019-08-08

Kraft Heinz reports 51% slump in first-half profit Kraft Heinz Co's net income more than halved in the first half of the year as the packaged food maker booked a goodwill impairment charge in its dela...
15:51, 2019-08-08

UPDATE 1-Cronos posts surprise profit as marijuana sales soar in Canada Pot company Cronos Group reported a surprise quarterly profit on Thursday, benefiting from Canada's legalization of marijuana for recreational use la...
15:51, 2019-08-08

UPDATE 1-Brazil airline Azul beats profit expectations with focus on domestic flights Brazil's No. 3 airline, Azul SA, beat profit expectations in the second quarter as it doubled down on domestic flights, trimmed an international expa...
15:51, 2019-08-08

UPDATE 1-CBS, AT&T sign multi-year contract; ends 20 day-long blackout CBS Corp and AT&T Inc signed a new multi-year content carriage agreement, ending a 20 day-long blackout that began when the previous, seven-year deal...
15:51, 2019-08-08

UPDATE 1-Salesforce to buy Israel's ClickSoftware for $1.35 bln U.S. cloud-based service provider Salesforce agreed to buy U.S.-Israeli software developer ClickSoftware for $1.35 billion in cash and shares, in a b...
15:51, 2019-08-08

UPDATE 1-Swiss telecoms takeover target UPC slows revenue slide UPC, the Swiss arm of telecoms company Liberty Global and target of a 6.3 billion Swiss franc ($6.5 billion) takeover bid by Sunrise Communications, ...
15:51, 2019-08-08

UPDATE 2-Canada's Magna trims sales forecast in trade war hit Canada's Magna International Inc trimmed its sales forecast for the second time this year, as weak global demand and the impact of U.S.-China trade t...
15:51, 2019-08-08

PRECIOUS-Gold eases after surge, but holds near $1,500 Gold eased slightly on Thursday after a surge above $1,500 for the first time since April 2013 in the previous session in response to U.S.-China trad...
15:51, 2019-08-08

UPDATE 1-Petrobras delays delivery of bids for LPG unit to next week -source Brazil's state-controlled oil company Petroleo Brasileiro SA has delayed until next week the delivery of binding proposals for its liquefied petroleu...
15:51, 2019-08-08

Indian auto parts maker braces for plant shutdowns amid industry-wide crisis India's Jamna Auto Industries Ltd, a maker of springs used in vehicle suspensions, said on Thursday it might shut all its plants in August due to wea...
15:51, 2019-08-08

Exxon hires Jefferies to accelerate Norwegian asset sales U.S. oil major Exxon Mobil has hired investment bank Jefferies to sell the stakes it holds in oil and gas fields off the Norwegian coast, which could...
15:51, 2019-08-08

Texas power demand to hit record high as heat bakes state Electric demand in Texas will reach record levels on Thursday as consumers crank up their air conditioners to escape a heat wave baking much of the s...
15:51, 2019-08-08

Russia's Gazprom says domestic ratings would lower pressure on banks, rates Gazprom, Russia's top gas producer, believes that using domestic ratings in the Basel III reform, something the central bank opposes, would lower pre...
15:51, 2019-08-08

METALS-Copper edges off two-year low as Washington soothes trade fears Copper inched higher on Wednesday after U.S. President Donald Trump dismissed fears of a protracted trade war with China, though a lack of progress o...
20:51, 2019-08-07

UPDATE 1-Top U.S. shale producer offers bleak view of U.S. output growth Pioneer Natural Resources, one of the largest U.S. independent oil producers, on Wednesday warned that the U.S. shale boom could end in all but one r...
20:51, 2019-08-07

UPDATE 2-Negative U.S. bond yields may become reality - PIMCO Investors may have to grapple with the possibility of the once-unthinkable becoming reality - negative U.S. Treasury bond yields, according to money ...
20:51, 2019-08-07

Top Osram investor rejects takeover offer at "knock-down" price The biggest shareholder in German lighting group Osram Allianz Global Investors, has rejected a 3.4 billion euro ($3.8 billion) takeover offer from...
20:51, 2019-08-07

UPDATE 2-Novartis says it knew of Zolgensma data problems before U.S. approval Swiss Drugmaker Novartis AG on Wednesday said it knew about discrepancies in data it submitted to regulators as it sought approval of its more than $...
20:51, 2019-08-07

UPDATE 1-GM wins victory in ignition switch defect lawsuits General Motors Co persuaded the U.S. federal judge who oversees nationwide litigation over defective ignition switches to narrow claims by owners who...
20:51, 2019-08-07

UPDATE 2-Oil producer QEP ends sale process, settles with activist Elliott QEP Resources will remain an independent oil and gas producer after ending a half-year process to sell itself without a deal, the company said on Wed...
20:51, 2019-08-07

UPDATE 3-New York Times forecasts weakness in digital ads, shares down 12% The New York Times Co fell short of Wall Street estimates for revenue on Wednesday and warned of declines in digital advertising for the rest of the ...
20:51, 2019-08-07

UPDATE 1-Brazil steelmaker Gerdau cuts 2019 investment plan amid weak demand Brazilian steelmaker Gerdau on Wednesday lowered its estimates for 2019 investment by 18%, due to reduced demand for long steel products, weak constr...
20:51, 2019-08-07

UPDATE 4-U.S. government contractors get first look at Huawei ban The U.S. agency responsible for government contracts on Wednesday released an interim rule for a ban on federal purchases of telecommunications equip...
20:51, 2019-08-07

UPDATE 1-Virginia police search for armed man at USA Today headquarters The headquarters of USA Today in suburban Washington was evacuated on Wednesday following reports of a man with a weapon, the national newspaper said...
20:51, 2019-08-07

YOUR MONEY-What to do if you need to sell stocks now When stocks are volatile, conventional wisdom says to stay the course. But what if you have tuition due or a pending home purchase and you just reall...
20:51, 2019-08-07

EMERGING MARKETS-Growth worries send Latam markets into a tailspin Latin American markets were swept up in a global sell-off of risk assets on Wednesday as investors sought safety in U.S. government debt and gold on ...
18:34, 2019-08-07

Engie Brasil will restart sale process for Pampa Sul power plant - executive Engie Brasil Energia SA will restart the sale of its Pampa Sul power plant in the southern Brazilian state of Rio Grande do Sul, as the plant has beg...
18:34, 2019-08-07

British Airways says technical problems at London airports have been resolved Problems with British Airways' computer systems, which led to cancellations, delays and long queues at London airports on Wednesday have been resolve...
18:34, 2019-08-07

Top U.S. shale producer offers bleak view of U.S. output growth Pioneer Natural Resources Chief Executive Scott Sheffield said on Wednesday he expects just one area of the largest U.S. shale field to be expanding ...
18:34, 2019-08-07

UPDATE 2-Wendy's backs full-year profit target after narrow beat, shares rise Wendy's Co stuck to its full-year profit forecast on Wednesday after edging past analysts' estimates for second quarter in the face of a handful of m...
18:34, 2019-08-07

UPDATE 3-CVS Health raises 2019 profit forecast after beating profit estimates CVS Health Corp raised its full-year profit forecast and reported higher-than-expected second-quarter results on Wednesday, as increased U.S. prescri...
18:34, 2019-08-07

U.S. to release interim rule on Wed for first part of Huawei ban for US govt contractors The White House Office of Management and Budget is slated on Wednesday to release an interim rule for a ban on federal purchases of telecommunication...
18:34, 2019-08-07

Chinese firm eyes billions of dollars in Sao Paulo tenders CR20, a subsidiary of China Railway Construction Corp (CRCC) is interested in billions of dollars of infrastructure tenders in the Brazilian state of...
18:34, 2019-08-07

GM wins victory in ignition switch defect litigation General Motors Co persuaded the federal judge who oversees nationwide litigation over defective ignition switches to narrow claims by owners who said...
18:34, 2019-08-07

Trump says China is 'killing us with unfair trade deals' U.S. President Donald Trump on Wednesday said his tough stance on China's behavior in global markets would ultimately benefit the American economy, e...
18:34, 2019-08-07

UPDATE 2-U.S. government contractors to get first look at Huawei ban on Wednesday The White House Office of Management and Budget is slated on Wednesday to release an interim rule for a ban on federal purchases of telecommunication...
18:34, 2019-08-07

UPDATE 2-European shares end trade-driven losing run but worries linger European shares rose on Wednesday, breaking a three-day losing streak on euphoria over a multi-billion dollar German chemical deal but gave up some g...
18:34, 2019-08-07

UPDATE 1-Negative U.S. bond yields may become reality - PIMCO Investors may have to grapple with the possibility of the once-unthinkable becoming reality - negative U.S. Treasury bond yields, according to money ...
18:34, 2019-08-07

UPDATE 2-FedEx ends ground delivery partnership with Amazon FedEx Corp confirmed on Wednesday it would terminate its contract with Amazon.com Inc for small-package ground deliveries, as the online retailer foc...
18:34, 2019-08-07

Output at Chile's Codelco copper miner fell 12.1% in H1 vs H1 2018 - Cochilco Production at Chile's state-owned Codelco copper mining company fell 12.1% to 769,400 tonnes in the first half of 2019 compared with the same period ...
18:34, 2019-08-07

White House to host meeting with tech companies on violent extremism online The White House will discuss violent extremism online with representatives from a number of Internet and technology companies on Friday, according to...
18:34, 2019-08-07

UPDATE 2-Tesla faced U.S. agency scrutiny last year over Model 3 safety claims Electric carmaker Tesla Inc received a cease-and-desist letter last year from U.S. regulators for making "misleading statements" over safety ratings ...
18:34, 2019-08-07

UPDATE 3-U.S. FDA says some data testing Novartis' $2 mln gene therapy was manipulated The U.S. Food and Drug Administration said on Tuesday that some data from early testing of Novartis' more than $2 million gene therapy Zolgensma was ...
02:17, 2019-08-07

UPDATE 2-Devon Energy profit beats, raises oil output forecast Devon Energy Corp raised its full-year oil output forecast and beat estimates for quarterly profit on Tuesday, as the U.S. oil and gas producer drill...
02:17, 2019-08-07

Walmart says Mexico same-store sales rise 2.2% in July Walmart de Mexico, Mexico's biggest retailer, said on Tuesday that sales at stores open for more than a year in Mexico rose by 2.2% in July compared ...
02:17, 2019-08-07

Disney to bundle Disney+, Hulu, ESPN+ at popular Netflix price Walt Disney Co on Tuesday said it would offer a $13-per-month bundle of its three streaming services starting in November, a move to attract audience...
02:17, 2019-08-07

Plains to begin commercial service on Texas pipeline next week U.S. pipeline operator Plains All American Pipeline LP expects to begin partial service on its 670,000-barrel-per-day (bpd) Cactus II pipeline next w...
00:51, 2019-08-07

Apple to restrict Facebook's messaging apps feature- The Information Apple Inc is making a change to its mobile operating system that will restrict a feature that apps like Facebook Inc's Messenger and WhatsApp use to ...
00:51, 2019-08-07

Brazil's Iguatemi 2nd-qtr profit slips amid higher taxes, depreciation Brazilian upscale mall operator Iguatemi Empresa de Shopping Centers SA posted a quarterly net profit 0.8% lower year-on-year, as higher taxes and as...
00:51, 2019-08-07

WRAPUP 9-Trump dismisses fears of long-lasting trade war; China sees severe global impact U.S. President Donald Trump dismissed fears of a protracted trade war with China on Tuesday despite a warning from Beijing that labeling it a currenc...
00:51, 2019-08-07

UPDATE 1-Brazil's Iguatemi 2nd-qtr profit slips amid higher taxes, depreciation Brazilian upscale mall operator Iguatemi Empresa de Shopping Centers SA posted a quarterly net profit 0.8% lower year-on-year with higher taxes and a...
00:51, 2019-08-07

UPDATE 3-New Venezuela sanctions protect Citgo, encourage debt talks -opposition Venezuela's opposition on Tuesday celebrated a sweeping U.S. sanctions order against the government of President Nicolas Maduro, saying the measure w...
00:51, 2019-08-07

Lockheed Martin wins $405 mln U.S. defense contract -Pentagon Lockheed Martin Corp has been awarded a $405 million U.S. defense contract for large diameter rocket motors, associated missile body flight articles ...
00:51, 2019-08-07

UPDATE 2-Plains All American to begin commercial service on Texas pipeline next week U.S. pipeline operator Plains All American Pipeline LP expects to begin partial service on its 670,000-barrel-per-day (bpd) Cactus II pipeline next w...
00:51, 2019-08-07

Canada hints at penalties for internet firms that allow child exploitation Internet companies that do not actively combat the online exploitation of children should face financial consequences, Canada's public safety ministe...
23:51, 2019-08-06

WRAPUP 8-Trump dismisses trade war fears; China warns of market chaos U.S. President Donald Trump on Tuesday dismissed concerns over a protracted trade war with China despite a warning from Beijing that Washington's dec...
23:51, 2019-08-06

US STOCKS SNAPSHOT-Wall St ends sharply higher as China moves on yuan U.S. stocks ended more than 1 percent higher on Tuesday, bouncing back from a sharp sell-off the previous day as China stepped in to stabilize the yu...
23:51, 2019-08-06

Diamondback Energy profit rises 77% on higher production Diamondback Energy Inc reported a 77% rise in quarterly adjusted profit on Tuesday, as the Permian-basin focused oil producer benefited from higher o...
23:51, 2019-08-06

Disney profit misses expectations, shares fall 5% Walt Disney Co on Tuesday missed Wall Street estimates for quarterly profit as heavy investments in its digital portfolio outweighed gains from the w...
23:51, 2019-08-06

Tinder love fuels Match Group's revenue beat, upbeat forecast Online dating services provider Match Group Inc forecast third-quarter sales above estimates and reported better-than-expected second-quarter revenue...
23:51, 2019-08-06

LendingClub posts smaller quarterly loss LendingClub Corp on Tuesday reported a smaller quarterly loss as the online lender originated more loans through its platform. The San Francisco-base...
23:51, 2019-08-06

UPDATE 1-DuPont considers sale of nutrition and biosciences unit - Bloomberg Industrial materials maker DuPont is considering a sale of its nutrition and biosciences unit, Bloomberg reported on Tuesday, citing people familiar ...
23:51, 2019-08-06