Monday, May 30, 2016

BRIEF-Jazz Pharma nears deal to buy Celator Pharma for about $1.5 bln - CNBC citing DJ

* Jazz Pharma nears deal to buy Celator Pharma for about

$1.5 bln or nearly double celator's mkt cap; deal could be

announced tomorrow - CNBC citing DJ

Further company coverage:

(Bengaluru...

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Nikkei rises in choppy trade, event risks temper mood

TOKYO, May 31 (Reuters) - Japanese stocks rose in thin,

choppy trade on Tuesday morning as growing expectations of an

imminent U.S. interest rate hike helped the dollar hold onto

recent gains against...

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BRIEF-Blumetric Q2 shr $0.01

May 30 (Reuters) - Blumetric Environmental Inc :

* Blumetric announces 2nd quarter fy2016 results

* Q2 revenue c$7.9 million versus c$7.8 million

* Qtrly earnings per share $0.01

Source text for...

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Coca-Cola launches debut 4 and 8 year kangaroo bond offering

SYDNEY, May 31 (IFR) - Coca-Cola has announced

details of a debut Kangaroo bond transaction with the global

drinks giant expected to price four and eight-year bonds no

later than tomorrow, June 1.

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PRESS DIGEST- Financial Times - May 31

May 31 (Reuters) - The following are the top stories in the

Financial Times. Reuters has not verified these stories and does

not vouch for their accuracy.

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GLOBAL MARKETS-Asian shares wobble, on track for monthly loss

TOKYO, May 31 (Reuters) - Asian shares wobbled in early

trade on Tuesday and were on track for a monthly loss, while the

dollar edged away from recent peaks scaled on heightened

expectations the U.S....

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BRIEF-Vitality qtrly shr loss $0.00

May 30 (Reuters) - Vitality Products Inc :

* Qtrly loss per share $0.00

* Vitality reports year end results

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom)

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Brazil to name new Treasury chief ahead of debt talks -source

BRASILIA, May 30 (Reuters) - Brazilian Finance Minister

Henrique Meirelles will name the finance secretary of the state

of Espirito Santos as the country's new Treasury chief, a senior

government...

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BRIEF-Eurocontrol Technics reports qtrly earnings of $0.15 per share

* Q1 revenue fell 7 percent to c$302,700

Source text for Eikon:

Further company coverage:

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BRIEF-HIT Technologies reports Q3 basic loss per share of $0.02

* Hit technologies reports third quarter fiscal 2016 results

Source text for Eikon:

Further company coverage:

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BRIEF-Aben Resources sets stock options

* Granting of incentive stock options up to an aggregate of

1 million shares at an exercise price of $0.07 per share for a

period of 5 yrs

Source text for Eikon:

Further company coverage:

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BRIEF-Metanor Resources qtrly net loss of $2 mln

* Metanor reports its financial and operational results for

the quarter ended March 31st, 2016

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CANADA FX DEBT-C$ pares losses against firmer greenback as oil rallies

(Adds analyst quote, details on upcoming data; updates prices)

* Canadian dollar at C$1.3051, or 76.62 U.S. cents

* Bond prices mixed across flatter maturity curve

By Fergal Smith

...

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UPDATE 1-Brazil's Temer pressed to drop anti-corruption minister

BRASILIA, May 30 (Reuters) - Brazil's interim President

Michel Temer was under pressure on Monday to drop his

anti-corruption minister, the second top official in his new

government accused of trying...

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BRIEF-Sodastream International announces release of its new home beer system, Beer Bar

* Product is available in sodastream germany's online store

and at retailers in switzerland

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UPDATE 1-Brazil posts primary surplus in April, beats expectations

BRASILIA, May 30 (Reuters) - Brazil's central government on

Monday posted a primary budget surplus of 9.751 billion reais

($2.72 billion) in April, well above market expectations for a

small surplus.

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BRIEF-Asahi Kasei to pursue large mergers and acquisitions during three years through fiscal 2018 - Nikkei

* Asahi Kasei plans to pursue large mergers and acquisitions

valued in excess of 100 billion yen apiece during three years

through fiscal 2018 - Nikkei

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UPDATE 1-Strikes, protests pose new headache for Paris tourism

* French hoteliers were hard hit by November attacks (Adds comments from Foreign Minister Ayrault on strikes)

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German shares end at one-month high, PostNL surges

LONDON, May 30 (Reuters) - German stocks climbed to their

highest in around one month on Monday as investors bet the

euro's weakness against the U.S. dollar would help German

exporters.

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UPDATE 2-Verizon, union agree pay raises, new jobs to end strike

May 30 (Reuters) - A tentative agreement between Verizon

Communications Inc and unions to end a nearly seven-week

strike includes 1,400 new jobs and pay raises topping 10

percent, the company and...

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EU mergers and takeovers (May 30)

BRUSSELS, May 30 (Reuters) - The following are mergers under

review by the European Commission and a brief guide to the EU

merger process:

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EMERGING MARKETS-Latam stocks, currencies seesaw in holiday-thinned trade

By Bruno Federowski

SAO PAULO, May 30 (Reuters) - Latin American stocks and

currencies seesawed on Monday on thin trading volume due to

market holidays in the United States and the United...

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BRIEF-Genmab achieves $30 mln milestone in deal with Janssen

* Says milestone triggered by first commercial sale of

Darzalex in Europe

Source text for Eikon:

Further company coverage:

(Copenhagen newsroom)

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BRIEF-Latin American Minerals amends terms of private placement and metal purchase agreement

* Non-Binding metal purchase agreement term sheet, signed

with Silver Stream SEZ on March 1, 2016 has now expired

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UPDATE 1-Alcoa's spinoff plan sparks dispute with Australian partner Alumina

MELBOURNE, May 30 (Reuters) - Australia's Alumina Ltd

has "serious concerns" about the impact of a demerger

plan of U.S. partner Alcoa Inc on the pair's bauxite and

alumina production joint venture,...

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CANADA FX DEBT-C$ weakens against firmer greenback as oil dips

* Canadian dollar at C$1.3069, or 76.52 U.S. cents

* Bond prices lower across the maturity curve

TORONTO, May 30 (Reuters) - The Canadian dollar weakened

against its broadly stronger U.S....

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BRIEF-Americas Petrogas Q1 loss per share $0.03

* Q1 loss per share $0.03

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1-646-223-8780)

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BRIEF-Arpetrol qtrly revenue $3.4 million

* Arpetrol Ltd Provides an update on sale of substantially

all of its assets and announces first quarter 2016 financial and

operating results

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CANADA STOCKS-Futures trade slightly higher

May 30 (Reuters) - Futures indicated a modestly higher

opening for Canada stocks on Monday after Federal Reserve Chair

Janet Yellen suggested a rate hike in the coming months, but

gains were limited...

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BRIEF-Intertain postpones annual general meeting

* Postponing to allow special committee of board of

directors to complete its strategic review

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After long boom, Canada's housing shows some cooling signs

VANCOUVER/TORONTO, May 30 (Reuters) - Seven years into a

Canadian housing boom that many have warned will end in a bust,

there are signs of a sales slowdown in the two hottest cities,

with some...

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BRIEF-Sinomach Automobile signs agreement with Alibaba's car affiliate

* Says it signs strategic agreement with Alibaba Group's car

affiliate on areas including car sales, finance leasing and auto

parts

Read more

CEE MARKETS-Bonds ease slightly on Fed rate rise outlook

* Government bonds mostly ease on Fed rate rise comments

* Poland to report economic data on Tuesday, Wednesday

* Kuna firms, but political crisis may weigh on Croatian assets

By Sandor...

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BRIEF-Mediavalet reports 2016 first quarter results

* Qtrly loss per share $0.02

Source text for Eikon:

Further company coverage:

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UPDATE 1-Schaeuble says ECB not pursuing best monetary policy for Germany

BERLIN, May 30 (Reuters) - German Finance Minister Wolfgang

Schaeuble said on Monday that the European Central Bank's

responsibility for the entire euro zone meant the institution

was not...

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UPDATE 1-Japan's JX expects June oil product exports to be at record

* June oil product exports to beat record set in April

* Exports expected to reach 220,143 bpd, up 43 pct y/y

* JX oil refining for domestic market to fall 6 pct y/y

(Adds details, tables)

...

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REFILE-Airbus cuts A380 costs by shifting overheads to A320 programme

HAMBURG, May 30 (Reuters) - Airbus is cutting costs on its

A380 superjumbo partly by redeploying some of its overheads to

the expanding A320 programme, Chief Operating Officer Tom

Williams said on...

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GLOBAL MARKETS-European shares hit 1-mth high, dollar firms on Yellen's hike hint

LONDON, May 30 (Reuters) - European shares hit one-month

highs on Monday, while the dollar index rose to a two-month peak

after Federal Reserve Chair Janet Yellen suggested that an

interest rate hike...

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Airbus to detail plan to boost delayed deliveries, hit 2016 goal

HAMBURG, May 30 (Reuters) - The planemaking arm of Airbus

Group is sticking to targets for deliveries of A320neo

and A350 jets in 2016, despite a slow start to the year due to a

disruption in...

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REFILE-HSBC boosts oversight of safety boxes in Hong Kong

HONG KONG, May 30 (Reuters) - HSBC has introduced

stricter rules for the use of safety-deposit boxes in Hong Kong,

which customers use to store valuables but which are at risk of

being abused for...

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Sunday, May 29, 2016

Puma Energy may go public; valuation seen at more than $6 bln - Sky News

May 30 (Reuters) - Integrated midstream and downstream oil

group Puma Energy is in talks with banks that could lead to a

public listing valuing the company at more than $6 billion, Sky

News reported.

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European Factors to Watch-Shares seen higher in thin volumes

LONDON, May 30 (Reuters) - Financial spreadbetters predicted Germany's DAX

to open around 70 points, or up 0.7 percent, and France's CAC 40

to gain 30 points, or up 0.7 percent, on Monday.

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JGBs dip after Yellen remarks, BOJ buying curbs losses

TOKYO, May 30 (Reuters) - Japanese government bond prices

dipped on Monday, weighed by remarks from Federal Reserve Chair

Janet Yellen that enhanced the prospect of a near-term U.S. rate

hike,...

Read more

Aluminium producer seeks Q3 premium of $110/T from Japan buyers-sources

TOKYO, May 30 (Reuters) - A major aluminium producer has

offered Japanese buyers a premium of $110 per tonne for

July-September primary metal shipments, down 4-6 percent from

the previous quarter,...

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Dollar/yen rises above 111.00 for first time since late April

TOKYO, May 30 (Reuters) - The dollar rose above 111.00 yen

for the first time since late April, with Monday's market move

underpinned by comments late last week from Federal Reserve

Chair Janet...

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SPOT GOLD FALLS 1 PCT TO $1199.95/OZ ON U.S. FED RATE HIKE PROSPECTS, STRONGER DOLLAR AT 0130 GMT

SPOT GOLD FALLS 1 PCT TO $1199.95/OZ ON U.S. FED RATE

HIKE PROSPECTS, STRONGER DOLLAR AT 0130 GMT

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RPT-China bets on duty-free paradise to keep luxury spenders at home

SANYA, China, May 30 (Reuters) - China's efforts to lift

local consumption, spur domestic tourism and keep within its

borders citizens that splurge in Milan or Seoul have spawned a

duty-free paradise...

Read more

GLOBAL MARKETS-Asia shares slip, dollar firm after Yellen's hike remarks

* Wall Street rises ahead of U.S. Memorial Day holiday

weekend

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DIARY-Emerging Markets Economic Events to June 9

** This Diary is filed daily ***

---------------------------------------------------------------

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FOREX-Dollar/yen hits 1-mth high after Yellen builds rate hike expectations

* USD lifted as Yellen says near-term hike "would be

appropriate"

Read more

UPDATE 1-Boeing mulls larger engine for biggest 737 MAX -sources

* Boeing mulls offering larger LEAP engine on largest 737

MAX

Read more

China bets on duty-free paradise to keep luxury spenders at home

SANYA, China, May 30 (Reuters) - China's efforts to lift

local consumption, spur domestic tourism and keep within its

borders citizens that splurge in Milan or Seoul have spawned a

duty-free paradise...

Read more

RPT-Australian gold output slips 2 pct as miners dig lower grade ore

SYDNEY, May 29 (Reuters) - Gold output in Australia, the

world's second biggest producer, slipped 2 percent in the first

quarter, due in part to mining of lesser grade ores during a

period of higher...

Read more

DP World lands deal to manage port in Somaliland -WSJ

May 29 (Reuters) - DP World has reached an

agreement to manage the Berbera port in Somaliland, which would

allow it to become a major hub for goods to transit to and from

the Horn of Africa, the Wall...

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Suncor Energy says resuming operations after Canada wildfire

TORONTO, May 29 (Reuters) - Suncor Energy Inc is

resuming operations after its sites in Canada's energy heartland

of Alberta stopped production because of a wildfire, the company

said on Sunday.

Read more

UPDATE 1-Suncor ramping up operations after Canada wildfire

TORONTO, May 29 (Reuters) - Suncor Energy Inc's

facilities north of Fort McMurray, Alberta, are expected to

partially restart by the end of the week, the company said on

Sunday, the latest sign...

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Saudi central bank's foreign assets shrink $6 bln in April

DUBAI, May 29 (Reuters) - Foreign assets at Saudi Arabia's

central bank shrank $6 billion in April as it liquidated some

financial holdings to cover a big state budget deficit caused by

low oil...

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ConAgra Foods stock seen rising 30 pct - Barron's

NEW YORK, May 29 (Reuters) - ConAgra Foods' stock

could climb up to 30 percent in the coming months as the U.S.

packaged food company seeks to shed businesses, improve existing

brands and achieve...

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Boeing mulls larger engine for biggest 737 MAX-sources

* Boeing mulls putting engine like LEAP-1A on largest 737

MAX

Read more

Leviathan partners sign $3 bln Israeli natgas supply deal

JERUSALEM, May 29 (Reuters) - The partners in Israel's

Leviathan natural gas field said on Sunday they had signed a

deal to supply as much as $3 billion worth of gas to a new

private power plant in...

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Kuwait's KNPC says in talks for $6.4 bln in loans for Clean Fuels project

DUBAI, May 29 (Reuters) - Kuwait National Petroleum Company

(KNPC) is in final stages of talks with international

institutions for $6.4 billion in the second tranche of loans to

finance its...

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South Africa police deny Gordhan inquiry moved to new unit

JOHANNESBURG, May 29 (Reuters) - South Africa's elite Hawks

police unit denied on Sunday a report that an investigation

involving Finance Minister Pravin Gordhan, which has helped to

weaken the rand,...

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Data analysis from Paris raid on Google will take months, possibly years -prosecutor

PARIS, May 29 (Reuters) - Analysis of data seized by

investigators in last week's raid of Google's Paris

headquarters could possibly take years, French financial

prosecutor Eliane Houlette said on...

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UPDATE 1-Nigerian president says "resolved" to keep naira steady, supports flexible FX policy

ABUJA, May 29 (Reuters) - Nigerian President Muhammadu

Buhari said on Sunday the government had resolved to keep the

naira's exchange rate steady while supporting the central

bank's decision to move...

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Nigerian president says government "resolved" to keep naira steady

ABUJA, May 29 (Reuters) - Nigerian President Muhammadu

Buhari said on Sunday the government had resolved to keep the

naira's exchange rate steady while supporting the central

bank's decision to move...

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Japan's Aso calls for lower house elections if tax hike is delayed -Kyodo

TOKYO, May 29 (Reuters) - Japanese Finance Minister Taro Aso

said the lower house of the parliament should be dissolved

followed by a general election if the increase in the

consumption tax is...

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Turkey's new prime minister wins vote of confidence in parliament

ANKARA, May 29 (Reuters) - Turkish Prime Minister Binali

Yildirim's government on Sunday won a vote of confidence in

parliament as well as approval for his legislative programme,

parliament speaker...

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Saturday, May 28, 2016

Australian gold output slips 2 pct as miners dig lower grade ore

SYDNEY, May 29 (Reuters) - Gold output in Australia, the

world's second biggest producer, slipped 2 percent in the first

quarter, due in part to mining of lesser grade ores during a

period of higher...

Read more

France's Sapin says government will stand firm on labour reform

PARIS, May 29 (Reuters) - A plan to overhaul labour rules is

crucial to proving France's ability to reform, and the

government will stand by it despite street protests and refinery

blockades, Finance...

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Lufthansa suspends Caracas flights as Venezuelan economy struggles

CARACAS, May 28 (Reuters) - German airline Deutsche

Lufthansa AG said on Saturday it will temporarily

suspend flights to Venezuela as of next month due to economic

difficulties in the South American...

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India's Sun Pharma gets U.S. subpoena over generic drugs pricing

MUMBAI, May 28 (Reuters) - The U.S. Department of Justice

(DoJ) has subpoenaed India's largest drugmaker Sun

Pharmaceutical Industries Ltd seeking information about

the pricing and marketing of the...

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UPDATE 1-WHO rejects call for Olympics to be moved due to Zika

LONDON, May 28 (Reuters) - The World Health Organization (WHO) on Saturday rejected a call for the Rio Olympic Games to be moved or postponed due to the threat posed by a large outbreak of Zika virus...

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UPDATE 1 -French fuel supply improving, but crisis not over - minister

PARIS, May 28 (Reuters) - France's fuel supply crisis is not

yet over, the transport minister warned on Saturday, while Prime

Minister Manuel Valls was quoted as saying he was ready to ride

out...

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UPDATE 2-French fuel supply improving, but crisis not over - minister

PARIS, May 28 (Reuters) - France's fuel supply crisis is not

yet over, the transport minister warned on Saturday, while Prime

Minister Manuel Valls was quoted as saying he was ready to ride

out...

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French fuel supply improving, but crisis not over -minister

PARIS, May 28 (Reuters) - The fuel supply situation in

France is improving, but the crisis caused by strikes is not

fully over, the country's transport minister said on Saturday.

Read more

REFILE-WHO rejects call for Olympics to be moved due to Zika

LONDON, May 28 (Reuters) - The World Health Organization (WHO) on Saturday rejected a call for the Rio Olympic Games to be moved or postponed due to the threat posed by large outbreak of Zika virus...

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UPDATE 1-Chinese users criticise Microsoft's push for Windows 10 upgrade-Xinhua

SHANGHAI, May 27 (Reuters) - Chinese users of Microsoft

products are criticising the software company's push to

get them to mandatorily upgrade their Windows operating systems,

the official Xinhua...

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Friday, May 27, 2016

BRIEF-FCMI Parent acquires securities of Golden Predator Mining

* Acquired beneficial ownership, control over 4 million

units of golden predator at price of $0.16 per unit for

aggregate purchase price of $640,000

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Gawker privacy lawsuit evolves into battle of tech billionaires

SAN FRANCISCO, May 27 (Reuters) - Billionaire media owner

Pierre Omidyar is backing news and entertainment web site Gawker

Media in its lawsuit against wrestler Hulk Hogan, adding a new

twist to a...

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Kansas Supreme Court strikes down school funding system

May 27 (Reuters) - The Kansas Supreme Court on Friday again

struck down the state's proposed school funding system and

provided lawmakers a deadline of June 30 to fix disparities

between rich and...

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BRIEF-Republic Airways, United Airlines reach agreement on long-term relationship

* Republic Airways Holdings Inc and United Airlines reach

comprehensive agreement on a long term commercial relationship

Read more

New incentives needed to develop antibiotics to fight superbugs

NEW YORK, May 27 (Reuters) - Drugmakers are renewing efforts

to develop medicines to fight emerging antibiotic-resistant

bacteria, but creating new classes of drugs on the scale needed

is unlikely...

Read more

DIARY-Top Economic Events to June 9

Major central bank events

** This Diary is filed daily **

-------------------------------------------------------------

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Illinois governor vetoes bill to ease Chicago pension payments

SPRINGFIELD, Ill., May 27 (Reuters) - Illinois Governor

Bruce Rauner vetoed a bill on Friday that would have enabled

Chicago to spread out pension payments to its public safety

workers' pensions,...

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REFILE-Williams tells Energy Transfer it would consider new offer -sources

May 27 (Reuters) - Williams Cos Inc has informed

Energy Transfer Equity (ETE) LP that it is open to

considering a new offer that would amend terms of its $20

billion sale to its larger U.S pipeline...

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Illinois lawmakers focus on funding fix for Chicago schools

SPRINGFIELD, Ill., May 27 (Reuters) - A funding fix for the

fiscally challenged Chicago Public Schools is taking center

stage in the final days of the Illinois legislature's spring

session, with the...

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Wall St Week Ahead-Fed reaction to data barrage is focus for stocks

NEW YORK, May 27 (Reuters) - Data on inflation and

employment, two of the economic indicators most important to a

"data-dependent" U.S. Federal Reserve are expected next week.

Read more

BRIEF-Moody's issues statement on New Jersey governor signing bills

* Moody's issues statement regarding New Jersey governor

Christie signing two bills to help Atlantic city

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BRIEF-Michaels Companies says Michaels Stores's certain units entered into amended credit agreement

* Michaels Stores, Inc. Certain units entered into third

amended credit agreement of credit agreement, dated as of sept

17, 2012

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N.J. Gov. Christie signs Atlantic City rescue package into law

May 27 (Reuters) - New Jersey Governor Chris Christie on

Friday signed into law a package of legislation that provides

distressed gambling hub Atlantic City with immediate cash help

but also a...

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Putin vows Russian retaliation over U.S. missile shield

ATHENS, May 27 (Reuters) - Russian President Vladimir Putin

said on Friday Moscow had no choice but to retaliate over the

U.S. missile shield in Europe, and warned that both Romania and

Poland could...

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Kerry welcomes bid to spur talks between Venezuela, opposition

WASHINGTON, May 27 (Reuters) - U.S. Secretary of State John

Kerry spoke to former Spanish Prime Minister José Luis Rodríguez

Zapatero on Thursday to welcome efforts he is leading to

facilitate...

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UPDATE 1-U.S. Air Force, Boeing announce KC-46 tanker delay

NEW YORK, May 27 (Reuters) - The U.S. Air Force and Boeing

Co said on Friday that Boeing will miss its deadline for

delivering an initial batch of KC-46 aerial refueling tankers.

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BRIEF-Berylson Master Fund LP reports 7.3 pct stake in Northern Power Systems Corp, as of May 24, 2016

* Berylson Master Fund LP reports 7.3 pct stake in Northern

Power Systems Corp, as of May 24, 2016 - Sec filing

Source - http://1.usa.gov/1sfPMxO

Further company coverage:

(Bengaluru Newsroom;...

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UPDATE 1-Verizon strike seen lowering U.S. May payrolls by 35,000 jobs

WASHINGTON, May 27 (Reuters) - The strike by Verizon

Communications Inc workers will probably trim U.S.

non-farm payroll growth in May by at least 35,000 jobs, a Labor

Department report showed on...

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UPDATE 1-IMF OKs new 2-year $88 bln flexible credit line for Mexico

MEXICO CITY, May 27 (Reuters) - The International Monetary

Fund on Friday boosted its flexible credit line with Mexico to

$88 billion in a bid to support Latin America's No. 2 economy,

whose currency...

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BRIEF-Caesars Entertainment Corp provides financial outlook

* Sees net revenue $9,196 million in 2017, $9,620 million in

2018, $10,053 million in 2019, $10,468 million in 2020 for

Caesars Entertainment Corporation

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GLOBAL LNG-Prices lift on UK gas gains as Middle East demand heats up

MILAN/LONDON, May 27 (Reuters) - Asian liquefied natural gas

(LNG) prices rose while warming temperatures in the Middle East

coupled with the start of Ramadan next week looked set to boost

regional...

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BRIEF-Seaspan announces additional partial redemption of series C preferred shares

* Seaspan announces additional partial redemption of series

c preferred shares

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GLOBAL MARKETS-Dollar rises, stocks firm ahead of Yellen

* Global stocks edge higher

(Updates with U.S. market openings, changes dateline, previous

LONDON)

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BRIEF-GlaxoSmithKline appoints Vivienne Cox to board

* Dr Vivienne Cox, CBE, has been appointed to board of

company as a non-executive director with effect from 1 July 2016

Source text for Eikon:

Further company coverage:

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TREASURIES-U.S. bond prices slip ahead of Yellen

NEW YORK, May 27 (Reuters) - U.S. Treasury prices slipped on

Friday as traders await for possible clues on the U.S. economy

and timing on a possible interest rate increase from Federal

Reserve Chair...

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Portugal PM warns Lisbon dock workers to end strike

LISBON, May 27 (Reuters) - Portugal's prime minister warned

Lisbon dock workers on Friday that his patience was running out

after a strike that has lasted a month, paralysing the city's

ports.

Read more

US STOCKS-Wall St set to open flat as Yellen's speech awaited

* Futures up: Dow 17 pts, S&P 1.75 pts, Nasdaq 6.5 pts

(Adds details, comment, updates prices)

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UPDATE 1-EU regulators back approval of Gilead's new hep C drug

May 27 (Reuters) - An advisory panel to the European drug

regulator recommended an approval for Gilead Sciences Inc's

new drug combination to treat hepatitis C.

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UPDATE 1-South Africa's Zuma not "at war" with fin minister -presidency

JOHANNESBURG, May 27 (Reuters) - South Africa's President

Jacob Zuma is not "at war" with Finance Minister Pravin Gordhan

over the control of the National Treasury, the presidency said

on Friday in...

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FOREX-Dollar firmer, traders look to Yellen speech for Fed clues

* Second reading of U.S. GDP for Q1 closely watched

(Updates prices)

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BRIEF-Thermo Fisher to acquire FEI Company for $4.2 bln

* Deal expected to be immediately accretive to adjusted

earnings per share

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MOVES-Barclays hires Ashton-Rigby as CIO from JP Morgan

LONDON, May 27 (IFR) - Barclays has hired Mark Ashton-Rigby

as its new chief information officer, the fifth former JP Morgan

senior executive to be recruited by the bank.

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CORRECTED-UPDATE 1-Britain plans steel pensions overhaul to ease sale of Tata assets

LONDON, May 26 (Reuters) - Britain's government said on

Thursday it had started discussions on overhauling the

deficit-laden British Steel Pension Scheme, a major stumbling

block for potential buyers...

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Citic Metal in talks to buy Freeport Americas stake - Bloomberg

May 27 (Reuters) - China's Citic Metal Co is in talks with

Freeport-McMoRan Inc to buy a minority stake in the

miner's North and South American operations, Bloomberg reported,

citing people familiar...

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UPDATE 1-AstraZeneca potassium drug delayed by manufacturing snag

LONDON, May 27 (Reuters) - AstraZeneca said on

Friday U.S. regulators would not approve its new drug for high

potassium levels at present due to a manufacturing issue,

dealing a blow to a product...

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FOREX-Dollar climbs, traders await Yellen speech for Fed clues

* Second reading of U.S. GDP for Q1 closely watched

(Updates prices, adds comments)

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German yields hit 10-day trough as chances of U.S. June hike diminish

LONDON, May 27 (Reuters) - German yields fell to a 10-day

low on Friday, with this week's weaker-than-expected data and

Britain's upcoming EU referendum seen diminishing the chances of

an interest...

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BRIEF-Arizona Mining announces $18 mln underwritten private placement

* Underwriters to purchase 14 million common shares of

company at a price of $1.29 per common share

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France's Hollande: Brexit would be bad news for world economy

ISE-SHIMA, Japan, May 27 (Reuters) - French President

Francois Hollande said on Friday that a British exit from the

European Union would be bad news for the global economy,

although it was not for...

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Thursday, May 26, 2016

BRIEF-AstraZeneca receives complete response letter from U.S. FDA for sodium zirconium cyclosilicate

* Astrazeneca receives complete response letter from us fda

for sodium zirconium cyclosilicate (zs-9) for oral suspension

for treatment of hyperkalaemia

Read more

UPDATE 1-China's Zoomlion abandons talks to buy U.S. crane maker Terex

* Decision comes after Terex sold part of business to rival

suitor

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FOREX-Dollar holds steady, traders await Yellen speech for Fed clues

* Second reading of U.S. GDP for Q1 also closely watched

(Updates prices, adds comments)

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European Factors to Watch-Shares seen flat to higher

MILAN, May 27 (Reuters) - European stocks were seen opening flat to higher

on Friday.

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Morning News Call - India, May 27

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FACTORS TO WATCH

3:15 pm: State Bank of India Chairman...

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UPDATE 2-Valeant rejected joint takeover bid from Takeda, TPG in spring - source

May 26 (Reuters) - Valeant Pharmaceuticals International Inc

received a joint takeover offer from Japan's Takeda

Pharmaceutical Co Ltd and TPG Capital Management LP

this spring that the Canadian...

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UPDATE 1-G7 vows growth, fudges FX, frets N Korea, Russia, China

* G7 says 'Brexit' would hurt global growth

(Adds details, context throughout)

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Nikkei edges up amid reports of tax-hike delay, weaker yen

TOKYO, May 27 (Reuters) - Japanese stocks rose in thin trade

on Friday morning amid steady yen weakness and media reports

that Prime Minister Shinzo Abe would delay by two years a sales

tax hike...

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Doubleline's Gundlach sees Yellen as more cautious than some Fed officials

May 26 (Reuters) - Jeffrey Gundlach, chief executive officer

of DoubleLine Capital, on Thursday said U.S. Federal Reserve

Chair Janet Yellen appears to be more cautious on raising

interest rates...

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BRIEF-Noble Iron reports Q1 loss of $0.11 per share

* Q1 revenue of $6.5 million, an increase of 15% compared to

Q1 of 2015

Read more

BRIEF-Northern Dynasty says offerings of up to $15.0 mln

* Northern Dynasty announces offerings of up to $15.0

million

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1-646-223-8780)

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UPDATE 4-Google beats Oracle in $9 billion Android trial

SAN FRANCISCO, May 26 (Reuters) - A U.S. jury handed Google

a major victory on Thursday in a long-running

copyright battle with Oracle Corp over Android software

used to run most of the world's...

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BRIEF-Teck says priced US$1.25 billion of 5 and 8-year notes

* Five-Year notes will bear interest at rate of 8.000% per

annum

Read more

CANADA FX DEBT-C$ firms to 1-week high; implied vol hits lowest in 4 months

* Canadian dollar ended at C$1.2970, or 77.10 U.S. cents

* Loonie touched its strongest since May 18 at C$1.2912

* Bond prices higher across the maturity curve

By Fergal Smith

...

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UPDATE 3-Trump says he would exit global climate accord, slash US oil regulation

BISMARCK, ND, May 26 (Reuters) - Donald Trump, the

presumptive Republican presidential nominee, said on Thursday

that he would pull the United States out of the U.N. global

climate accord and slash...

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BRIEF-Nesscap Energy posts quarterly net loss of $0.6 mln

* Revenue for three-month period improved to $3.8 million,

compared to $3.4 million in same period last year

Read more

YOUR MONEY-If you waste $50 each time you skip class, would you do it?

NEW YORK, May 26 (Reuters) - As college attendance wanes

through the semester, one professor teaches her 300 geoscience

students how to work out the cost of cutting class.

Read more

GLOBAL MARKETS-Dollar falls on durables data; stocks steady

* U.S. oil ends lower after hitting $50 a barrel

(Adds U.S. oil closing level, updates prices)

Read more

Symantec says SWIFT malware linked to attack in Philippines

May 26 (Reuters) - The malware that was used to steal $81

million from Bangladesh's central bank has been linked to

another cyber attack, this time on a bank in the Philippines,

cyber security...

Read more

UPDATE 2-Software problem delays Los Angeles flights - FAA

LOS ANGELES, May 26 (Reuters) - Planes arriving and

departing Los Angeles International Airport were delayed on

Thursday after a problem with air-traffic control software

briefly halted all flights,...

Read more

US STOCKS-Wall St lower as material stocks weigh

* Abercrombie slumps after sales fall for 13th straight

quarter

Read more

Los Angeles flights delayed due to 'equipment issues'- FAA

May 26 (Reuters) - Flights arriving and departing Los

Angeles International Airport (LAX) should expect delays due to

"equipment issues," the U.S. Federal Aviation Administration

said in an online...

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CORRECTED-Lidl owner to invest 6.5 bln euros in 2016 - newspaper

BERLIN, May 26 (Reuters) - The Schwarz group that owns

German discount supermarket chain Lidl plans to

invest 6.5 billion euros ($7.3 billion)in 2016, with part of

that going to sprucing up its...

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BRIEF-S&P revises outlook on Consorcio Ara to positive, confirms rating

* Said on Wednesday Standard & Poor's revised outlook on

Consorcio Ara to positive from stable

Read more

Amazon to deliver fresh food in Berlin soon - Manager Magazin

BERLIN, May 26 (Reuters) - Amazon plans to start

deliveries of fresh food in Berlin in coming months, a magazine

reported on Thursday, as the ecommerce giant extends its foray

into groceries beyond...

Read more

US STOCKS-Wall St flat as stocks pause after recent rally

* Abercrombie slumps after sales fall for 13th straight

quarter

Read more

Madoff victims may soon recoup another $247 million

May 26 (Reuters) - Nearly 7-1/2 years after Bernard Madoff's

Ponzi scheme was unmasked, the court-appointed trustee recouping

money for the swindler's victims on Thursday sought court

approval to...

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BRIEF-Onesavings Banks says disposes economic interest in Rochester Financing No. 1

* Selling its entire economic interest in Rochester

Financing No.1 Plc to Morgan Stanley

Read more

CORRECTED-Canadian lender CIBC's quarterly profit rises

May 26 (Reuters) - Canadian Imperial Bank of Commerce

reported a 3.5 percent rise in quarterly profit, helped

by growth in its retail and business banking division.

Read more

BRIEF-Milestone Scientific announces completion of clinical trial enrollment for epidural instrument

* Milestone Scientific announces completion of enrollment in

clinical trials for its epidural instrument

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1-646-223-8780)

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BRIEF-Americas Silver says Alex Davidson named as chairman

* Americas Silver Corporation announces Alex Davidson

appointed as chairman; company recommences full operations at

the Nuestra Senora Mine

Source text for Eikon:

Further company coverage:

...

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BRIEF-Valeant Pharmaceuticals names Sam Eldessouky SVP and corporate controller

May 26 (Reuters) - Valeant Pharmaceuticals International Inc

-

Read more

Valeant appoints Tyco's Sam Eldessouky corporate controller

May 26 (Reuters) - Embattled drugmaker Valeant

Pharmaceuticals International Inc appointed Sam

Eldessouky senior vice president and corporate controller,

effective May 31.

Read more

Obama says North Korea nuclear programme is serious mid-term risk

ISE-SHIMA, Japan, May 26 (Reuters) - U.S. President Barack

Obama said on Thursday that North Korea's nuclear ambitions pose

a serious medium-term threat, adding that engagement with China

and other...

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BRIEF-Snapchat Inc says has sold $1.81 bln in equity offering - SEC filing

* Snapchat Inc discloses in Form D with U.S. SEC that the

total offering amount was for $1.81 billion

Source text for Eikon: [ID:(http://1.usa.gov/1Xz2x2n

)]

(Bengaluru Newsroom: +1 646 223 8780)

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European shares mixed, weighed down by underperforming periphery

LONDON, May 26 (Reuters) - European shares were mixed on

Thursday, with banks in Italy and Spain on the back foot

following a recent rally while commodity stocks were boosted as

Brent crude oil...

Read more

UPDATE 1-French union leads new anti-reform protests, seeks to maintain momentum

* SNCF reports less train disruption than before (updates throughout)

Read more

Britain to consult on steel pensions in drive to find buyer for Tata Steel UK

LONDON, May 26 (Reuters) - Britain's government said on

Thursday it had launched a consultation to overhaul the

deficit-laden British Steel Pension Scheme, a major stumbling

block for potential...

Read more

Electra Private Equity names activist investor Bramson as interim CEO

LONDON, May 26 (Reuters) - Electra Private Equity

on Thursday appointed activist investor Edward Bramson as

interim chief executive and served notice on its investment

manager Electra Partners, as...

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Wednesday, May 25, 2016

European Factors to Watch-Shares to edge down from 4-week high

LONDON, May 26 (Reuters) - European stocks were seen opening slightly lower

on Thursday, set to edge down after hitting a four week high in the previous

session, with appetite for equities knocked by...

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PRESS DIGEST - Wall Street Journal - May 26

May 26 (Reuters) - The following are the top stories in the

Wall Street Journal. Reuters has not verified these stories and

does not vouch for their accuracy.

Read more

UPDATE 1-Chico's makes corporate governance changes as proxy fight kicks off

May 25 (Reuters) - U.S. womenswear firm Chico's FAS Inc

on Wednesday made changes to its corporate governance

structure and proposed electing board members annually, in a

move to get shareholders on...

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Biotech Regeneron replaces Intel as sponsor of Science Talent Search

NEW YORK, May 26 (Reuters) - Biotechnology company Regeneron

Pharmaceuticals Inc on Thursday became the title

sponsor of the most prestigious U.S. science competition for

high school students, taking...

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FOREX-Yen soars as jittery markets await Yellen, Japan tax decision

* Dollar rapidly sheds more than half a yen, as stops

triggered

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Nikkei edges up but wary of yen volatility

TOKYO, May 26 (Reuters) - Japanese stocks inched higher in

choppy trade on Thursday following a rise in oil prices and

gains on Wall Street, but indexes remained vulnerable to yen

volatility as the...

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S.Korea Q1 household credit growth accelerates, fastest since late 2006

SEOUL, May 26 (Reuters) - South Korea's household credit in

the March quarter rose at the fastest annual pace in nearly nine

years, central bank data showed on Wednesday, accelerating for a

seventh...

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Illinois House Democrats advance FY 2017 budget amid veto threat

SPRINGFIELD, Ill, May 25 (Reuters) - Illinois took another

step on Wednesday that is bound to lead nowhere in solving its

strangled finances, with the Democratic-led House approving a

new spending...

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UPDATE 2-U.S. levies hefty duties on Chinese corrosion-resistant steel

WASHINGTON, May 25 (Reuters) - Corrosion-resistant steel

from China will face final U.S. anti-dumping and anti-subsidy

duties of up to 450 percent under the U.S. Commerce Department's

latest...

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UPDATE 2-Hundreds protest in downpour at shut McDonald's headquarters

OAK BROOK, Ill., May 25 (Reuters) - Hundreds of protesters

marched through pouring rain to call for higher wages and union

rights at McDonald's Corp on Wednesday, leading the

hamburger chain to shut...

Read more

BRIEF-Costco Q3 earnings per share $1.24

* Qtrly comparable sales excluding the negative impacts from

Gasoline price deflation and foreign exchange up 3%

Read more

BRIEF-Emerald Oil enters into purchase agreement with CL Energy

* Under terms of agreement, substantially all of assets

would be sold for approximately $73.0 million

Read more

UPDATE 1-Australia raises concerns over $6.5 bln Asciano buyout

SYDNEY, May 26 (Reuters) - Australia's antitrust watchdog

said on Thursday a proposed A$9.1 billion ($6.5 billion) buyout

of rail and port giant Asciano Ltd by a host of global

investors may hurt...

Read more

BRIEF-GMS says IPO of 7 mln common shares priced at $21/share

* Says initial public offering of 7.00 million common shares

priced at $21.00 per share

Read more

PRESS DIGEST- Financial Times - May 26

May 26 (Reuters) - The following are the top stories in the

Financial Times. Reuters has not verified these stories and does

not vouch for their accuracy.

Read more

BRIEF-Capreit announces increase in monthly cash distributions

* Approved a 2.5 pct increase in monthly cash distributions

to $0.1042 per unit, or $1.25 per unit on an annualized basis

Read more

BRIEF-Crown Capital completes $15 mln term loan with Bill Gosling outsourcing

* Crown Capital completes $15 million term loan with Bill

Gosling outsourcing

Source text for Eikon:

Further company coverage:

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BRIEF-Wright Medical says issued $395 mln of senior notes due 2021

* On May 20, 2016, co issued $395 million aggregate

principal amount of 2.25% cash convertible senior notes due

2021- SEC filing

Read more

Mexico's Arca signs letter of intent with Coca-Cola bottling franchise in U.S.

MEXICO CITY, May 25 (Reuters) - Mexican bottling company

Arca Continental said on Wednesday it had signed a

letter of intent with the Coca-Cola Company and Coca-Cola

Bottling Company UNITED to...

Read more

UPDATE 1-Takata hires Lazard Ltd, seeks cash infusion

May 25 (Reuters) - Takata Corp hired investment

bank Lazard Ltd to lead efforts to help resolve financial issues

stemming from its record-setting recall of tens of millions of

faulty airbags, sources...

Read more

BRIEF-WebMD to offer convertible notes

* Intends to offer $300 million aggregate principal amount

of convertible notes due 2023

Read more

Corn glut in China set to pressure U.S. wheat market

LAKIN, Kan./CHICAGO, May 25 (Reuters) - China's efforts to

cut its domestic corn stocks by shunning imports and

alternatives have already roiled U.S. sorghum and renewable fuel

markets, and are now...

Read more

Marfrig upsizes seven-year bond after getting US$2bn in orders

NEW YORK, May 25 (IFR) - Brazilian beef producer Marfrig was

set to price an upsized US$750m seven-year non-call three bond

at a yield of 8.25% on Wednesday after amassing a book of over

US$2bn.

Read more

US STOCKS-Wall St up as banks rally on prospects of higher rates

* Computer Sciences jumps after Hewlett Packard Enterprise

deal

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AT&T bids for Yahoo's internet business - Bloomberg

May 25 (Reuters) - AT&T Inc, the No. 2 U.S. wireless

carrier, has made a bid for Yahoo Inc's internet

business, Bloomberg reported on Wednesday, citing people

familiar with the matter.

Read more

UPDATE 1-Nestle seeks cost-savings to cope with tougher markets

VEVEY, Switzerland, May 25 (Reuters) - Nestle on

Wednesday announced new cost-savings as part of efforts to cope

with increasing competition and to make its sprawling business

more agile and...

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UPDATE 1-Brazil defaults hit record in April as lending tightens

SAO PAULO/BRASILIA, May 25 (Reuters) - Bank loan defaults in

Brazil hit an all-time high in April as the harshest recession

in at least eight decades and rising borrowing costs are making

it much...

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UPDATE 1-Kyrgyz court fines Centerra unit Kumtor $98 mln

BISHKEK, May 25 (Reuters) - A court in Kyrgyzstan fined the

country's biggest gold miner Kumtor Operating Company, a unit of

Canada's Centerra Gold, 6.7 billion some ($98 million)

for environmental...

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BRIEF-FCC approves miniature WattUp solution from Energous

* FCC approves miniature WattUp solution from Energous

Corporation

Read more

UPDATE 1-EU to pursue checks on web platform deals with businesses

* Sees 20 pct quota of European works for Netflix, Amazon

(Adds reactions, details)

Read more

UPDATE 3-Moscow frees Ukraine pilot in swap for Russians held in conflict

* Release may ease Russian tensions with West

(Updated with prisoner swap completed)

Read more

EU to probe deeper relations between web platforms and businesses

* Proposes 20 pct quota of European works for Netflix,

Amazon

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Eurogroup deal on Greece a credit positive development - Moody's

LONDON, May 25 (Reuters) - A decision by euro zone finance

ministers to unlock further aid to Greece is a positive

development for the sovereign's creditworthiness, Moody's

ratings agency said on...

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MOVES-Andrew Stancliffe to head Macquarie Securities' Europe cash trading

May 25 (Reuters) - Macquarie Securities, the institutional

equities division of the Macquarie Group, appointed

Andrew Stancliffe head of cash trading for Europe.

Read more

BRIEF-BBVA signs strategic collaboration with Red Hat

* Signs strategic collaboration with Red Hat to accelerate the group's global

transformation and technology-driven innovation processes

Read more

BRIEF-Microsoft to streamline smartphone hardware business, cut up to 1,850 jobs

* Announced plans to streamline company's smartphone

hardware business, which will impact up to 1,850 jobs

Read more

BRIEF-GSK says gene therapy for immune disorder meets main goal

* Key efficacy endpoint for analysis was survival. All 18

patients were alive after a median follow-up of 6.9 years at

data cut on 8th may 2014

Read more

Ukraine's Poroshenko to oversee Savchenko prisoner swap on Wed -Interfax

MOSCOW, May 25 (Reuters) - Ukrainian President Petro

Poroshenko will arrive in the Russian city of Rostov-on-Don in

the next few hours where jailed Ukrainian pilot Nadiya Savchenko

will be exchanged...

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Russian finance minister says Eurobond yield of 4.75 pct 'acceptable'

MOSCOW, May 25 (Reuters) - The 4.75 percent yield on

Russia's latest Eurobond is "acceptable" in current market

conditions, Finance Minister Anton Siluanov said on Wednesday.

Read more

European shares hit new 4-week high, Novo Nordisk leads

LONDON, May 25 (Reuters) - European shares climbed to a new

four-week high on Wednesday, with Novo Nordisk

leading the market higher after a U.S. advisory panel

recommended approval of its new...

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Euro zone needs powerful finance minister: ECB's Villeroy

MADRID, May 25 (Reuters) - The euro zone needs to urgently

set up an institution to fully coordinate national fiscal and

structural policies, headed by a powerful finance minister with

a budget,...

Read more

Tuesday, May 24, 2016

PRESS DIGEST- New York Times business news - May 25

May 25 (Reuters) - 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.

Read more

European Factors to Watch-Shares seen opening higher

LONDON, May 25 (Reuters) - Financial spreadbetters on Wednesday predicted

Britain's FTSE 100 to open 53 points higher, or up by 0.9 percent,

Germany's DAX to gain 113 points, or 1.1 percent up, and...

Read more

PRESS DIGEST - Wall Street Journal - May 25

May 25 (Reuters) - The following are the top stories in the

Wall Street Journal. Reuters has not verified these stories and

does not vouch for their accuracy.

Read more

Lockheed's F-35 jet to face delay in testing -U.S. govt officials

WASHINGTON, May 24 (Reuters) - Lockheed Martin Corp's

F-35 stealth fighter jet will see a delay in initial

operational testing as it is taking longer than expected to

configure test aircraft with...

Read more

Exxon says crude output from Indonesia's Cepu block could reach 200,000 bpd

JAKARTA, May 25 (Reuters) - Crude oil output from Exxon

Mobil's Cepu block in Indonesia could reach 200,000

barrels per day (bpd) up from 185,000 bpd at present, if the

government approves an...

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Morning News Call - India, May 25

To access the newsletter, click on the link:



http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_05252016.pdf





FACTORS TO WATCH

...

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UPDATE 1-China's Huawei files patent suits against Samsung Elec

HONG KONG, May 25 (Reuters) - Huawei Technologies Co Ltd

on Wednesday said it sued Samsung Electronics Co Ltd

claiming infringement of smartphone patents, the

Chinese firm's first intellectual...

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Pemex discusses potential business opportunities with Lukoil

MEXICO CITY, May 24 (Reuters) - The chief executives of

Mexican state oil company Pemex and Russian oil major Lukoil

on Tuesday discussed potential joint business

opportunities and the possibility...

Read more

Economic hit would outweigh post-Brexit budget savings for UK - IFS think tank

LONDON, May 25 (Reuters) - Any budget savings Britain would

make by cutting its funding to the European Union would be wiped

out by even a small economic slowdown that could result from

leaving the...

Read more

UPDATE 3-Monsanto rejects Bayer bid, but open to more talks

May 24 (Reuters) - Monsanto Co, the world's largest

seed company, turned down Bayer AG's $62 billion

acquisition bid as "incomplete and financially inadequate" on

Tuesday, but said it was open to...

Read more

BRIEF-Empery Asset Management reports 8.58 pct passive stake in Sophiris Bio

* Empery Asset Management Lp reports 8.58 percent passive

stake in Sophiris Bio Inc, as of May 6, 2016 - SEC filing

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1...

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BRIEF-CNinsure Q1 revenue RMB 697.5 million

* Cninsure inc says number of active users of cnpad app was

27,905 in q1 of 2016, as compared to 36,679 in q4 of 2015

Read more

BRIEF-Universal Corp Q4 earnings per share $1.72

* Total production levels have largely moved into balance

with anticipated demand

Read more

BRIEF-Timkensteel to offer, sell $75 mln of senior notes due 2021

* Timkensteel Corp says intends to offer and sell $75

million aggregate principal amount of convertible senior notes

due 2021 in registered public offering

Read more

BRIEF-Nimble Storage reports Q1 loss per share $0.51

* Q2 earnings per share view $-0.20, revenue view $92.5

million -- Thomson Reuters I/B/E/S

Read more

BRIEF-TriNetX enters into collaboration with celgene to advance clinical trial design and research for next-generation medicines

* Announced collaboration with celgene corp to advance clinical trial design

and research for celgene's next-generation therapeutic programs

Source text for Eikon:

Further company coverage:

...

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BRIEF-Whirlpool amps up commitment to clean energy with newest Ohio wind farm

* Whirlpool corporation amps up commitment to clean energy with newest ohio

wind farm

Read more

US STOCKS-Wall St jumps as tech, bank stocks rally

* Indexes up: Dow 1.17 pct, S&P 1.25 pct, Nasdaq 1.71 pct

(Updates to early afternoon)

Read more

UPDATE 1-UK waste manager Shanks considers bid for Van Gansewinkel

May 24 (Reuters) - Britain's Shanks Group Plc is

considering a bid for Van Gansewinkel Groep BV, Benelux's

largest waste management company, for an undisclosed sum, the

companies said.

Read more

BRIEF-Clarke Inc announces additional investment in Terravest Capital Inc.

* Clarke Inc. announces additional investment in Terravest

Capital Inc.

Read more

Foreign investors showed interest in Russia's Eurobond - TASS cites EconMin

MOSCOW, May 24 (Reuters) - Foreign investors showed interest

in Russia's Eurobond, TASS news agency cited Russia's Economy

Minister Alexei Ulyukayev as saying on Tuesday.

Read more

HIGHLIGHTS-Euro zone ministers meet to discuss Greek debt

BRUSSELS, May 24 (Reuters) - Euro zone finance ministers

meet on Tuesday to discuss whether Greece has passed sufficient

reforms to unblock new loans and how international lenders might

grant Athens...

Read more

UPDATE 1-Anthem CEO expects U.S. regulatory decision in July

NEW YORK, May 24 (Reuters) - Anthem Inc Chief

Executive Officer Joseph Swedish said on Tuesday the health

insurer was pushing for approval from antitrust regulators

reviewing its acquisition of Cigna...

Read more

BRIEF-Kinross unionized employees at Tasiast Mine have initiated strike action

* Unionized employees at Kinross Gold's Tasiast mine in

Mauritania have today initiated strike action

Read more

TREASURIES-U.S. 2-to-10-year yield gap tightest since 2007

NEW YORK, May 24 (Reuters) - The yield premium on U.S.

10-year Treasuries over two-year issues contracted on Tuesday to

its smallest level since late 2007 as traders increased bets the

Federal...

Read more

BRIEF-Chico's FAS says Bonnie Brooks, Bill Simon are nominated to stand for election to board

* Bonnie Brooks, Bill Simon have been nominated to stand for

election to the company's board of directors

Read more

MOVES-Allianz unit AGCS expands Terry FitzGerald's role

May 24 (Reuters) - Allianz Global Corporate & Specialty

(AGCS), a unit of Germany's Allianz SE, appointed

Terry FitzGerald combined head of financial institutions and

commercial directors and...

Read more

BRIEF-DSW reports Q1 adjusted earnings per share of $0.40

* Revised its full year earnings guidance reflecting

"expectations for softer sales for balance of year in a

challenging retail environment"

Read more

UPDATE 1-Brazil police launch raids for 2nd straight day in Petrobras probe

BRASILIA, May 24 (Reuters) - Brazilian police said they

launched raids and served arrest warrants on Tuesday for a

second straight day as part of the wide-ranging graft probe into

state-controlled...

Read more

BRIEF-Eli Lilly says can launch 20 new products from 2014-2023

* Lilly details robust research and development pipeline to

investment community

Read more

UPDATE 1-Spotify subscriptions pump up revenue, but operating loss widens

* Spotify sees progress in Discover Weekly type features

(Releads, adds details)

Read more

CEE MARKETS-Zloty falls further as EU-Poland tensions flare

* Zloty weakest since February, EU's Timmermans in Warsaw

* Worries over tension with EU weighs on Polish assets

* Forint near multi-month low, 15 bp rate cut seen

By Sandor Peto

...

Read more

UPDATE 1-Toll Brothers' profit, revenue beat on higher home sales

May 24 (Reuters) - Toll Brothers Inc's quarterly

revenue rose nearly 31 percent, beating analysts' estimates, as

the company sold more luxury homes at higher prices, mainly in

the West market and...

Read more

BRIEF-FCA names Reid Bigland as chief executive of Alfa Romeo and Maserati brands

* Reid bigland is named as chief executive of alfa romeo and

maserati brands

Read more

More challenges than cheer for Apple chief on Asia tour

* Challenge of being high-end phone seller in low-income

market

Read more

JGBs little changed, investors uncertain over fiscal policy

TOKYO, May 24 (Reuters) - Japanese government bond prices

were little changed on Monday, staying comfortably near the

middle of their recent trading ranges that partly reflected

investor uncertainty...

Read more

UPDATE 1-Private consumption, construction investment propel German Q1 growth

* Expenditure on refugees gives extra push

(Adds details on GDP data, analysts, background)

Read more

Monday, May 23, 2016

BRIEF-NEL partners with Praxair for Norwegian hydrogen refulleling station

* Uno-X Hydrogen AS, a NEL ASA joint venture, has entered into an agreement

with a Norwegian affiliate of Praxair as a strategic alliance to install

20 hydrogen refuelling stations, covering all the...

Read more

European Factors to Watch-Equity futures fall

LONDON, May 24 (Reuters) - European equity futures fell on Tuesday, tracking

losses on Asian and U.S. markets as investors worried about the possibility of a

U.S. interest rate increase in coming...

Read more

UPDATE 1-Hong Kong Exchange to work quickly to build a China bond connect scheme

HONG KONG, May 24 (Reuters) - The operator of Hong Kong's

stock exchange said on Tuesday it will "work very quickly" on a

plan to link bond markets in China with those in the Asia's

financial centre,...

Read more

GLOBAL MARKETS-Asian stocks near 11-week lows, dollar bounces on Fed rate view

HONG KONG, May 24 (Reuters) - Asian shares stumbled to near

2-1/2-month lows on Tuesday and the U.S. dollar pared some of

its recent losses as investors worried about the likelihood of a

U.S....

Read more

Climate change takes center stage at Exxon, Chevron annual meetings

HOUSTON, May 24 (Reuters) - Exxon Mobil Corp and

Chevron Corp will face their toughest-ever push by

shareholders concerned about a warming world at annual meetings

on Wednesday, as the Paris accord...

Read more

UPDATE 1-Barington Capital launches proxy fight against U.S. retailer Chico's - source

May 23 (Reuters) - Barington Capital has nominated two

directors to join the board of Chico's FAS Inc's, in a

proxy fight that targets high expenses and weak stock returns at

the women's apparel...

Read more

Morning News Call - India, May 24

To access the newsletter, click on the link:



http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_05242016.pdf



FACTORS TO WATCH

11:00 am: Punjab National Bank...

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FOREX-Risk aversion shores up yen, commodity currencies sag on declining oil

* Canadian dollar struggles near 6-week lows as oil slides

(Updates prices, adds details and quotes)

Read more

UPDATE 3-Tribune gets $70.5 mln investment, rejects Gannett offer

* Soon-Shiong to hold 12.9 pct stake in Tribune

(Adds details on ISS report, information on non-disclosure

agreements)

Read more

Barington Capital nominating 2 directors to retailer Chico's board -WSJ

May 23 (Reuters) - Activist investor Barington Capital Group

LP is nominating two directors to women's apparel retailer

Chico's FAS Inc's board of directors, the Wall Street

Journal reported on...

Read more

UPDATE 1-Brazil's new top diplomat shifts focus from ideology to trade

BRASILIA/BUENOS AIRES, May 23 (Reuters) - The arrival of a

tough-talking foreign minister in Brazil marks a move away from

ideologically-driven diplomacy that raised tensions with the

United States...

Read more

CORRECTED-Brazil's new top diplomat shifts focus from ideology to trade

BRASILIA, May 23 (Reuters) - The arrival of a tough-talking

foreign minister in Brazil marks a move away from the

ideologically-driven diplomacy that raised tensions with the

United States in the...

Read more

BRIEF-Berkshire Hathaway buys about 824,000 shares of Phillips 66

* Berkshire Hathaway bought about 824,000 shares of Phillips

66 from 19 May to 23 May raises stake to 76.37 million shares -

SEC filing

Source text for Eikon:

Further company coverage:

...

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PRESS DIGEST- Financial Times - May 24

May 24 (Reuters) - The following are the top stories in the

Financial Times. Reuters has not verified these stories and does

not vouch for their accuracy.

Read more

UPDATE 1-Embraer's new E-Jet makes first flight underweight, ahead of time

SAO PAULO, May 23 (Reuters) - The first re-engined aircraft

in Brazilian planemaker Embraer SA's narrowbody E-Jet

family took its first flight on Monday, months ahead of schedule

and below the...

Read more

Fed's Harker adds to drumbeat of approaching U.S. rate hikes

PHILADELPHIA, May 23 (Reuters) - The Federal Reserve will

likely raise interest rates two or three times this year,

another top Fed official said on Monday, reinforcing the central

bank's message it...

Read more

BRIEF-Facebook says found no evidence for political bias on 'Trending Topics'

* Facebook issues response to U.S. Senate Commerce Committee

Chairman John Thune's letter on Trending Topics

Read more

Production of Coke halted in Venezuela for lack of sugar

May 23 (Reuters) - The Venezuelan bottler of Coca-Cola has

halted production of sugar-sweetened beverage due to a lack of

sugar, a Coca-Cola Co spokeswoman said on Monday.

Read more

BRIEF-Air Lease Corp says placement of two Airbus A350-900 with Malaysia Airlines

* Announces the placement of two additional new Airbus

A350-900 aircraft with Malaysia Airlines Berhad

Read more

US STOCKS-Wall Street dips; Apple gain fails to offset rate worries

* Indexes end lower: Dow 0.05 pct, S&P 0.21 pct, Nasdaq 0.08

pct

(Updates to close)

Read more

UPDATE 2-Soccer-Van Gaal sacked by United, Mourinho poised to step in

* Portuguese coach Mourinho expected to replace him (Adds detail, quotes)

Read more

BRIEF-Teck Resources announces amendment to $1.2 bln credit facility

* To extend maturity of its us$1.2 billion revolving credit

facility from june 2017 to june 2019

Read more

Soccer-Manchester United sack manager Van Gaal

May 23 (Reuters) - Manchester United manager Louis van Gaal has left the Premier League club, he said in a statement on Monday.

Read more

French competition watchdog launches online ad inquiry

PARIS, May 23 (Reuters) - The French competition authority

launched an inquiry on Monday on the exploitation of Internet

users' data for the online advertising industry, putting major

personal data...

Read more

Uruguay slashes growth forecasts for 2016, 2017

MONTEVIDEO, May 23 (Reuters) - Uruguay's government on

Monday sharply cut its forecast for growth this year and next,

citing weak economic expansion in countries neighboring the

South American nation.

Read more

UPDATE 3-Ares Capital to buy American Capital in deal valued at $3.4 bln

May 23 (Reuters) - Specialty finance company Ares Capital

Corp agreed to buy smaller rival American Capital Ltd

in a cash-and-stock deal valued at $3.4 billion, aiming

to capture a bigger share of...

Read more

UPDATE 2-Libor antitrust claims are revived in setback for banks

NEW YORK, May 23 (Reuters) - A U.S. appeals court on Monday

revived a civil lawsuit accusing major banks of conspiring to

manipulate the Libor benchmark interest rate, in a big setback

for their...

Read more

BRIEF-Newell Brands' Jarden Group president Burke sells 34,882 shares of co's common stock

* Newell Brands Inc's Jarden Group president William

Burke reports sale of 34,882 shares of co's common stock on May

23 at average price of $47.02 each - sec fililng

Source text:...

Read more

UPDATE 3-Viacom CEO Dauman sues to stay on Sumner Redstone trust

May 23 (Reuters) - Viacom Inc Chief Executive Philippe

Dauman on Monday sued media mogul Sumner Redstone's daughter in

a battle to keep his position on a trust that will determine the

direction of...

Read more

US STOCKS-Apple boosts Nasdaq and Dow, S&P little changed

* Indexes up: Dow 0.16 pct, S&P 0.04 pct, Nasdaq 0.36 pct

(Adds details, changes comment, updates prices)

Read more

Deputy chief of Sao Tome's ruling party to run for president

Sao Tome, May 23 (Reuters) - The vice president of Sao

Tome's parliamentary ruling ADI party, Evaristo Carvalho, will

run for president in elections scheduled for July 17, his

spokesman Domingo Boa...

Read more

Demand for Russia's 10-yr Eurobond at $3 bln - IFR cites market source

MOSCOW, May 23 (Reuters) - Demand for Russia's new 10-year

sovereign Eurobond reached $3 billion, IFR, a Thomson Reuters

news and financial service quoted a market source as saying on

Monday.

Read more

UPDATE 1-Valeant CEO Papa plans to lower debt by more than $1.5 bln in 2016

NEW YORK, May 23 (Reuters) - Valeant Pharmaceuticals Inc

plans to lower its debt by at least $1.5 billion this

year, Chief Executive Officer Joseph Papa said on Monday during

his first large meeting...

Read more

U.S. top court rejects Dow bid to restore $30.5 million in patent damages

WASHINGTON, May 23 (Reuters) - The U.S. Supreme Court on

Monday rejected a Dow Chemical Co bid to salvage $30.5

million in patent infringement damages in a lengthy legal fight

with Nova Chemicals...

Read more

General Atlantic to acquire majority stake in Argus Media

LONDON, May 23 (Reuters) - U.S. investment firm General

Atlantic will acquire a majority stake in oil price reporting

agency Argus Media in a deal valuing London-based Argus at

nearly 1 billion...

Read more

UPDATE 1-Unions dig in heels to disrupt fuel supply in France

* Total shutting down three of five refineries

(Adds details, quotes, background)

Read more

BRIEF-Entellus Medical names Brent Moen CFO

* Thomas griffin, co's current CFO, is assuming the newly

created position of vice president of finance

Read more

BRIEF-Tribune Publishing rejects revised Gannett takeover proposal

* Tribune Publishing rejects revised Gannett takeover

proposal

Read more

BRIEF-Coherus announces proposed public offering of common stock

* Coherus announces proposed public offering of common stock

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1-646-223-8780)

Read more

UPDATE 2-Man Utd shares dip in choppy Frankfurt trading as Mourinho hire expected

* Man Utd's NY shares down around 6 pct so far in 2016 (Adds detail)

Read more

Croatia offers for sale electrical concern Koncar and hoteliers

ZAGREB, May 23 (Reuters) - The Croatian privatisation agency

CERP invited investors on Monday to express interest in a stake

in electrical concern Koncar, part if a move to reduce

public debt.

Read more

FOREX-Post-G7 yen gains halt dollar rally

* More Fed speakers due on Monday

(New throughout after start of European trade)

Read more

Sterling steadies after week of gains

LONDON, May 23 (Reuters) - Sterling steadied around $1.45 on

Monday after gaining more than 1 percent against the dollar last

week, with investors still worried that a referendum in exactly

one month...

Read more

Israel's Partner Comms Q1 profit drops after break with Orange

JERUSALEM, May 23 (Reuters) - Partner Communications

, Israel's second-largest mobile phone operator,

reported on Monday a drop in first quarter profit and sales as

competition in the cellular market...

Read more

BRIEF-KLX Inc Q1 adjusted EPS $0.42

* When cost reduction initiatives completed, will have

reduced esg headcount by up to 55%, from staffing levels in

place at beginning of last fy

Read more

Sunday, May 22, 2016

UPDATE 1-Toshiba to more than halve its capital base to about $1.8 bln

* Move will plug deficit in its earnings reserves

(Adds earnings corrections for the previous business year)

Read more

BRIEF-Suzhou Jinfu New Material plans JV with U.S. company Clearink Display

* Says it plans to set up a joint venture with U.S. company

Clearink Display Inc

Read more

Toshiba to more than halve its capital base to about $1.8 bln

TOKYO, May 23 (Reuters) - Japan's Toshiba Corp said

on Monday it would more than halve its capital base - a move

that comes in the wake of a $1.3 billion accounting scandal last

year.

Read more

MIDEAST STOCKS-Gulf bourses may weaken further after oil slips

DUBAI, May 23 (Reuters) - Stock markets in the Gulf face

further downward pressure on Monday after oil prices weakened

and as trading volumes shrink ahead of the holy month of Ramadan

and the summer...

Read more

Morning News Call - India, May 23

To access the newsletter, click on the link:



http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_05232016.pdf



FACTORS TO WATCH

9:00 am: NITI Aayog Chief Executive...

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REFILE-Nikkei drops on fears government will proceed with sales tax hike

TOKYO, May 23 (Reuters) - Japan's Nikkei share average fell

on Monday on fears that the government will raise the sales tax

next April, risking a further blow to the sluggish economy.

Read more

CORRECTED-To halt smartphone slide, Samsung rewrites playbook

SEOUL, May 23 (Reuters) - From the way it chooses

smartphone components to the models it brings to market, Samsung

Electronics has undergone a painful process of

breaking from its past to reverse a...

Read more

GLOBAL MARKETS-Asian shares rise, but Japan down on weak data

* Nikkei skids, pressured by data, reports that tax will

proceed

Read more

FOREX-Dollar falls vs yen after Japan logs larger-than-expected trade surplus

* G7 meeting again displays US-Japan rift on currency

intervention

Read more

UPDATE 1-Oil prices dip on strong dollar, firm global supplies

* Market waiting to see if US shale production restarts -

investment chief

(Adds comment, updates prices)

Read more

DIARY-Emerging Markets Economic Events to June 1

** This Diary is filed daily ***

---------------------------------------------------------------

Read more

Fed's Rosengren sees U.S. on verge of meeting test for rate rise -FT

WASHINGTON, May 22 (Reuters) - Conditions for a rate

increase by the Federal Reserve are "on the verge of broadly

being met," Eric Rosengren, president of the Federal Reserve

Bank of Boston, told the...

Read more

MOVES-Markel International appoints James Leach managing director

May 23 (Reuters) - Markel International Ltd, a unit of

Markel Corp, appointed James Leach managing director of

its newly consolidated accident and health and contingency

business.

Read more

PRESS DIGEST- Financial Times - May 23

May 23 (Reuters) - The following are the top stories in the

Financial Times. Reuters has not verified these stories and does

not vouch for their accuracy.

Read more

Greek parliament approves bailout reforms before Eurogroup meeting

ATHENS, May 22 (Reuters) - Greek lawmakers approved on

Sunday a bill which increases tax, creates a new privatisation

fund and frees up the sale of non performing loans in exchange

for much-needed...

Read more

First Data shares could rise more than 70 percent -Barron's

May 22 (Reuters) - First Data Corp shares could rise

as much as 70 percent if the company's performance continues to

improve, according to a report on Sunday from the financial

publication Barron's.

Read more

Red Hat shares could rise 30 percent in a year -Barron's

May 22 (Reuters) - Red Hat Inc shares could rise 30

percent in a year as more companies use its server software,

according to a report on Sunday in the financial publication

Barron's.

Read more

UPDATE 1-Militants attack Agip pipeline in Nigeria's Bayelsa state

YENAGOA, Nigeria, May 22 (Reuters) - A crude oil pipeline in

Nigeria's southern state of Bayelsa operated by the local

subsidiary of Italy's Eni was attacked on Sunday, the

Nigeria Security and Civil...

Read more

RPT-Wall St Week Ahead-Economic data keeps Fed in focus for stocks

NEW YORK, May 20 (Reuters) - Economic data will garner most

of the attention next week, with investors placing a heavy

weight on a host of reports as they try and determine the

likelihood of a rate...

Read more

Militants attack Agip oil pipeline in Nigeria's Bayelsa state- security agency

YENAGOA, Nigeria, May 22 (Reuters) - A crude oil pipeline in

Nigeria's southern state of Bayelsa operated by the local

subsidiary of Italy's Eni was attacked on Sunday, the

Nigeria Security and Civil...

Read more

Anthem, Cigna merger squabbles could delay antitrust approval - WSJ

WASHINGTON, May 22 (Reuters) - Quarrels have broken out

behind the scenes of Anthem Inc's proposed acquisition

of Cigna Corp, as the health insurers seek regulatory

approval for their landmark deal,...

Read more

UPDATE 1-Israel's government approves Leviathan natural gas deal

JERUSALEM, May 22 (Reuters) - Israel has approved a deal it

hopes will fast-track development of the huge Leviathan offshore

natural gas field and end years of regulatory uncertainty that

has stifled...

Read more

UPDATE 2-New Turkish PM backs constitution to strengthen Erdogan

* Fate of deputy PM Simsek a concern for markets

(Recasts, adds comment)

Read more

Families of EgyptAir victims struggle to accept loss

CAIRO, May 22 (Reuters) - Amal sits in the lobby of a hotel

staring out at Cairo airport. Face tight with exhaustion, eyes

puffy.

Read more

Israel's government approves Leviathan natural gas deal -official

JERUSALEM, May 22 (Reuters) - Israel approved on Sunday a

deal meant to fast-track the development of the huge offshore

natural gas field Leviathan, an Energy Ministry spokeswoman

said.

Read more

REFILE-Egypt's Sisi says all scenarios possible in EgyptAir crash

CAIRO, May 22 (Reuters) - Egyptian President Abdel Fattah

al-Sisi urged the media on Sunday not to speculate about the

cause of an EgyptAir plane crash which killed all 66 people on

board, and said...

Read more

UPDATE 1-Egypt's Sisi says crash investigation will take time

CAIRO, May 22 (Reuters) - Egyptian President Abdel Fattah

al-Sisi said on Sunday that an investigation into the cause of

an EgyptAir plane crash could take a long time but the facts

would be made...

Read more

MIDEAST STOCKS-Gulf bourses may weaken as investors book profits

DUBAI, May 22 (Reuters) - Stock markets in the Gulf may

trade with a weak bias on Sunday as short-term traders book

profits because of a lack of strong positive catalysts.

Read more

Saturday, May 21, 2016

UPDATE 1-Soccer-Mourinho set for United, Van Gaal won't discuss leaving

LONDON, May 21 (Reuters) - Jose Mourinho will be appointed Manchester United manager next week to replace Louis van Gaal despite Saturday's FA Cup final victory over Crystal Palace, British media...

Read more

UPDATE 1-Phillips 66 in final stages of selling Ireland's only oil refinery - sources

LONDON, May 21 (Reuters) - U.S. independent refiner Phillips

66 is in the final stages of selling the only oil

refinery in Ireland, a source familiar with negotiations said on

Saturday.

Read more

UPDATE 2-Soccer-Sublime Lingard volley seals Man United FA Cup win

LONDON, May 21 (Reuters) - Manchester United substitute Jesse Lingard's superb volley in extra time secured a 2-1 win over Crystal Palace in the FA Cup final at Wembley Stadium on Saturday for their...

Read more

Soccer-Manchester United claim FA Cup with extra-time win over Palace

LONDON, May 21 (Reuters) - Manchester United won the FA Cup with a 2-1 extra-time victory over Crystal Palace thanks to a goal by substitute Jesse Lingard in the final at Wembley on Saturday.

Read more

REFILE-WRAPUP 3-EgyptAir jet sent smoke-alarm warnings before crash

PARIS/CAIRO, May 21 (Reuters) - The EgyptAir jet which

crashed in the Mediterranean on Thursday sent a series of

warnings indicating that smoke had been detected on board,

shortly before it...

Read more

Phillips 66 in final stages of selling Ireland's only oil refinery - sources

LONDON, May 21 (Reuters) - U.S. independent refiner Phillips

66 is in the final stages of selling the only oil

refinery in Ireland, a source familiar with negotiations said on

Saturday.

Read more

UPDATE 1-Some evacuation orders lifted in Canada's scorched oil lands

TORONTO, May 21 (Reuters) - Authorities in Canada's

wildfire-ravaged energy heartland have lifted evacuation orders

on Suncor Energy Inc and Syncrude oil sites after rain

and cold weather helped...

Read more

UPDATE 1-Strikes bring shortages in hundreds of French petrol stations

PARIS, May 21 (Reuters) - Hundreds of petrol stations faced

shortages in France on Saturday as protests over a labour law

reform led to a fall in refinery output and blockades that

hampered fuel...

Read more

CORRECTED-New medical guidelines back use of Novartis heart failure drug

LONDON, May 20 (Reuters) - New global guidelines on the

treatment of heart failure endorse the use of Novartis'

Entresto, boosting the prospects for a drug that has struggled

to gain traction since...

Read more

WRAPUP 1-French investigators say smoke reported on EgyptAir jet before crash

* Hunt for plane's "black boxes" continues

(Repeats to make slug read WRAPUP 1; story text unchanged)

Read more

Soccer-Barcelona agree kit deal extension with Nike

MADRID, May 21 (Reuters) - Barcelona have agreed an extension to their kit-manufacturing deal with Nike which Spanish media reported was the most lucrative arrangement of its kind in the world.

Read more

UPDATE 1-U.S., Japan disagreement on yen moves overshadows G7 meeting

* U.S. Lew says 'high bar' for yen to be considered

disorderly

Read more

G7 united against Brexit but can only hope for an 'In' vote

SENDAI, Japan, May 21 (Reuters) - Finance leaders of the

Group of Seven industrial powers united over the weekend in

wishing that Britain stays in the European Union, but

acknowledged they could do...

Read more

French investigators say smoke reported on EgyptAir jet before crash

PARIS, May 21 (Reuters) - An EgyptAir jet sent a series of

signals indicating that smoke had been detected on board before

it crashed into the Mediterranean on Thursday, France's air

accident...

Read more

France's BEA confirms EgyptAir jet signalled smoke on board before crash

PARIS, May 21 (Reuters) - An EgyptAir jet sent a series of

error messages indicating that smoke had been detected on board

before crashing into the Mediterranean on Thursday, France's BEA

air...

Read more

Treasury's Lew: US economy continues to strengthen but global economy uneven

TOKYO, May 21 (Reuters) - For highlights from briefings by

finance leaders after the conclusion of Group of Seven (G7)

meetings on Saturday click on:

(Reporting by Leika Kihara)

Read more

HIGHLIGHTS-G7 finance leaders debate global economy, risks

SENDAI, Japan, May 21 (Reuters) - Finance leaders of the

Group of Seven (G7) advanced economies gathered in the northeast

Japanese city of Sendai for a two-day discussion on issues

ranging from the...

Read more

UPDATE 1-Struggling Novartis heart drug boosted by new medical guidelines

* Amgen's Corlanor also added to guideline list

(Adds comment from Novartis and analyst)

Read more

Friday, May 20, 2016

IMF researchers say Japan monetary easing has benefits for Asian economies

WASHINGTON, May 21 (Reuters) - Japan's extraordinarily easy

monetary policy, a source of friction with the United States for

pushing the yen's value down, has had some positive effects on

emerging...

Read more

G7 reaffirmed existing FX agreements-Japan summary

SENDAI, Japan, May 21 (Reuters) - Finance leaders of the

Group of Seven (G7) advanced economies reaffirmed their existing

exchange-rate agreements, including not targeting exchange rates

and that...

Read more

UPDATE 1-Sumner Redstone removes Viacom CEO and board member from trust

May 20 (Reuters) - Media mogul Sumner Redstone has removed

Viacom CEO Philippe Dauman and Viacom board member

George Abrams from the seven-person trust that will determine

the fate of both Viacom and...

Read more

U.S., Japan FX row overshadows G7 meeting; leaders eye Brexit threat

* U.S. Lew warns Japan Aso against competitive FX

devaluation

Read more

Sumner Redstone removes Viacom CEO and board member from trust

May 20 (Reuters) - Media mogul Sumner Redstone has removed

Viacom CEO Philippe Dauman and Viacom board member

George Abrams from the seven-person trust that will determine

the fate of both Viacom and...

Read more

Microsoft to crack down on content promoting extremist acts

SAN FRANCISCO, May 20 (Reuters) - With the world growing

more concerned about attacks by militant groups on civilians,

Microsoft Corp on Friday outlined new policies to crack

down what it called...

Read more

BRIEF-SoCalGas responds to court decision ending relocation program

* SoCalGas responds to court decision ending relocation

program

Read more

US Treasury's Lew stressed need to refrain from FX devaluation in meeting with Japan's Aso

SENDAI, Japan, May 21 (Reuters) - U.S. Treasury Secretary

Jack Lew told his Japanese counterpart Taro Aso in a meeting on

Saturday that it is important to refrain from competitive

currency...

Read more

BRIEF-Canada Finance Minister Morneau says expects fiscal impact of forest fires to be relatively modest

* Canada Finance Minister Morneau says expects fiscal impact

of forest fires to be relatively modest for federal government,

will be limited to this quarter

(Reporting by David Ljunggren)

Read more

BRIEF-Founders Advantage Capital appoints Darren Prins as CFO

* Founders Advantage Capital Corp announces executive

appointment

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223

8780)

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Coke Femsa says Venezuelan plants operating on low sugar stocks

MONTERREY, May 20 (Reuters) - Coca-Cola Femsa,

Latin America's biggest Coke bottler, said on Friday its

Venezuelan plants are operating with low sugar stocks, which

could cause temporary...

Read more

Brazil's 2016 fiscal shortfall could reach 170.5 bln reais

BRASILIA, May 20 (Reuters) - The Brazilian government budget

deficit prior to interest debt payments could reach a staggering

170.5 billion reais ($48.7 billion) in 2016, Finance Minister

Henrique...

Read more

Argentine workers at grains port set to strike - unions

BUENOS AIRES, May 20 (Reuters) - Argentine port and oil

workers are set to strike over the coming days, unions said on

Friday, threatening grains exports and crude production as they

seek salary...

Read more

BRIEF-Bill Barrett Corp says adopted resolution to cut board size from 8 members to 6 members

* Adopted a resolution reducing size of board from eight

members to six members

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1 646 223 8780)

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BRIEF-Rennova Health files for stock shelf offering of up to $10 mln

* Files for stock shelf offering of up to $10 million - sec

filing

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1 646 223 8780)

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BRIEF-Gladstone Commercial says to partially redeem series c preferred stock

* Gladstone commercial corporation announces intention to

partially redeem series C preferred stock and cancellation of

conditional redemptions of series A and series B preferred stock

Read more

GLOBAL MARKETS-Dollar rises to third weekly gain; stocks jump

NEW YORK, May 20 (Reuters) - Global equity markets rose on

Friday as investors took in stride the possibility the Federal

Reserve may hike interest rates in June, a view that helped U.S.

bond yields...

Read more

Dean Foods' Davis said he threw phone in creek to hinder FBI

NEW YORK, May 20 (Reuters) - Dean Foods Co's former chairman Thomas Davis said he threw his cellphone into a Dallas creek to hide his role in an insider-trading scheme after FBI agents visited his...

Read more

U.S. securities regulator takes aim at exchange-traded funds

WASHINGTON, May 20 (Reuters) - The top U.S. securities

regulator is taking aim at exchange-traded funds, with the

agency's chair on Friday saying that recent events have called

for giving the popular...

Read more

UPDATE 1-U.S. oil rig count steady for first this time this year -Baker Hughes

(Recasts, adds quote)

By Scott DiSavino

May 20 (Reuters) - U.S. energy firms this week kept the

number of rigs drilling for oil unchanged for the first time

this year as crude futures trade...

Read more

BRIEF-Moody's assigns AA3 to Pennsylvania's $991m 2016 go bonds 2016

* Moody's assigns AA3 to Pennsylvania's $991 mln 2016 GO

bonds 2016; outlook remains negative

Read more

Russia repays Soviet-era debt of $1.7 bln to Kuwait

MOSCOW, May 20 (Reuters) - Russia has repaid Soviet-era debt

to Kuwait of $1.72 billion, the Russian finance ministry said on

Friday.

Read more

UPDATE 3-Rising German Bund yields set for biggest weekly gain in a month

* Greece in focus ahead of parliamentary vote on reforms

(Updates prices)

Read more

European shares boosted by banks and mining stocks

* FTSEurofirst 300 index ends up 1.3 percent

* Italian bank UniCredit lifted by asset sale talk

* Cartier owner Richemont slumps on cautious outlook

* Firmer copper prices boost mining stocks

Read more

Nigeria's gross domestic product contracts 0.36 pct in Q1 2016 year-on-year - stats office

LAGOS, May 20 (Reuters) - Nigeria's gross domestic product

contracted by 0.36 percent in the first quarter of 2016 after

growing 3.96 percent in the same period last year, the head of

the Nigerian...

Read more

EgyptAir chairman says search radius for crashed plane is 40 miles

CAIRO, May 20 (Reuters) - EgyptAir Chairman Safwat Moslem

told Egyptian state television on Friday that the radius of the

current search area for the crashed plane was 40 miles (64 km)

but would be...

Read more

BRIEF-WPX Energy stockholders vote against proposal on reporting methane emissions - SEC filing

* Stockholders did not approve proposal regarding reporting

of company's efforts to monitor and manage methane emissions -

SEC filing

Source text - http://1.usa.gov/1RdpLUv

Further company coverage:

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UPDATE 1-U.S. existing home sales rise for second straight month, inventory still tight

* Supply increases from March, still 3.6 pct below last year

(Adds market reaction)

Read more

Fidelity plans for several new ETFs, including for higher rates

BOSTON, May 20 (Reuters) - Fidelity Investments unveiled

plans for several new exchange-traded funds on Friday, including

ones to deal with rising interest rates and higher market

volatility.

Read more

BRIEF-Equifax says terminated $800 mln credit facility

* On May 16, repaid all outstanding borrowings under and

terminated its $800 million, 364-day revolving credit facility -

sec filing

Read more

CANADA STOCKS-TSX rises as higher commodity prices support

TORONTO, May 20 (Reuters) - Canada's main stock index rose

on Friday, led by energy and financial stocks as higher

commodity prices supported the resource-linked market.

Read more

BRIEF-First Citizens Bank and Cordia Bancorp announce merger

* First Citizens Bank and Cordia Bancorp Inc. announce

merger agreement

Read more

BRIEF-Centrus Energy appoints Larry Cutlip as VP of field operations

* Centrus Energy appoints Larry Cutlip as vice president of

field operations

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1-646-223-8780)

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CORRECTED-FOREX-Dollar heads for third week of gains

LONDON, May 20 (Reuters) - The dollar was on course for a

third straight weekly advance on Friday, as more hints the

United States is getting closer to raising interest rates kept

the currency close...

Read more

BRIEF-Manchester United files notice of 2016 AGM, proxy materials

* Files notice of 2016 annual general meeting of

shareholders and proxy materials - sec filing

Source text (http://1.usa.gov/27H45vW)

Further company coverage:

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U.S. Treasury official: Yen moves remain 'orderly'

SENDAI, Japan, May 20 (Reuters) - The United States

continues to believe that exchange-rate conditions regarding

Japan have been "orderly," a senior U.S. Treasury official said

on Friday.

Read more

BRIEF-Innovus Pharma Q1 loss per share $0.02

* Innovus Pharma CEO provides shareholder update and

conference call

Read more

China approves sweeping plan to clean up online finance industry -sources

BEIJING, May 20 (Reuters) - China's government has approved

a sweeping plan to clean up the country's online financial

sector, according to sources with direct knowledge of the

matter, including...

Read more

Asia Tankers-VLCC rates to fall before rebounding on new charter fixtures

* Cheaper Suezmax rates lead charterers to split VLCC

cargoes

Read more

Russia's 2016 budget deficit may be around 4 pct of GDP - RIA cites Economy Minister

MOSCOW, May 20 (Reuters) - Russia's budget deficit may be

around 4 percent of gross domestic product in 2016 if the price

of oil averages $40 per barrel, Economy Minister Alexei

Ulyukayev said on...

Read more

Greek current account gap shrinks in March on lower trade deficit

ATHENS, May 20 (Reuters) - Greece's current account deficit

shrank in March from the same month a year earlier, helped by a

lower trade gap and a stronger income account surplus, the Bank

of Greece...

Read more

Panasonic: can move up investment for Tesla battery plant if asked

TOKYO, May 20 (Reuters) - Panasonic Corp is

prepared to move up its investment plans for Tesla Motors Inc's

battery plant if needed to meet strong demand for the

electric car maker's upcoming Model...

Read more

WRAPUP 1-Searchers scour Mediterranean for wreckage of missing EgyptAir jet

* Too early to rule out any cause, including terrorism -

Egypt

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Thursday, May 19, 2016

UPDATE 1-UK Stocks-Factors to watch on May 20

May 20 (Reuters) - Britain's FTSE 100 index is seen opening up 62

points, or 1 percent, on Friday, according to financial bookmakers, with futures

up 0.9 percent ahead of the cash market open. For...

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UK Stocks-Factors to watch on May 20

May 20 (Reuters) - Britain's FTSE 100 index is seen opening up 62

points, or 1 percent higher on Friday, according to financial bookmakers. For

more on the factors affecting European stocks, please...

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UPDATE 4-Oil Search boosts LNG push in PNG with $2.2 bln InterOil bid

* Total to increase stake in Papua LNG

(Adds Oil Search CEO, analyst, ExxonMobil comments)

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Morning News Call - India, May 20

To access the newsletter, click on the link:



http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_05202016.pdf



FACTORS TO WATCH

10:00 am: Banks Board Bureau Chairman...

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G7 informal meeting with academics warns of 'Brexit' risk

SENDAI, Japan, May 20 (Reuters) - Participants of an

informal symposium with Group of Seven finance leaders and

academics on Friday agreed a so-called "Brexit" vote for Britain

to exit the European...

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BRIEF-Yahoo suitors expected to bid $2 bln-$3 bln for core business - WSJ

* Yahoo suitors expected to bid $2 billion to $3 billion,

below past indications - WSJ

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GLOBAL MARKETS-Asian shares poised for weekly loss, Fed talk lifts dollar

* Fed's Dudley "quite pleased" markets increasing rate hike

bets

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FOREX-Dollar holds firm vs yen and euro on Fed hike view, pound bullish

* G7 meeting seen drawing less interest with bullish yen

tempered

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Samsung to partner with Alibaba on mobile payments in China

SEOUL, May 20 (Reuters) - Samsung Electronics

said it had struck a deal with a Alibaba Group Holding

for owners of its phones to be able to more easily make payments

with Alipay accounts - a move...

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WRAPUP 3-EgyptAir jet vanishes after mid-air plunge over Mediterranean

* Too early to rule out any cause, including terrorism -

Egypt

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