WASHINGTON, Sept 22 (Reuters) - Tesla Motors Inc
Thursday sued Michigan Governor Rick Snyder and other state
officials in federal court over the state's refusal to allow the
Palo Alto, California...
Read more
Thursday, September 22, 2016
BRIEF-Cove Street Capital calls upon Penny Family to sell Westell Technologies
* Cove Street Capital,other shareholders of Westell
Technologies, "resoundingly rebuke" co's board of
directors,strategic direction
Read more
Technologies, "resoundingly rebuke" co's board of
directors,strategic direction
Read more
Dunkin' Brands hires McDonald's international executive
Sept 22 (Reuters) - Dunkin' Brands Group Inc on
Thursday said it hired David Hoffmann, the McDonald's Corp
executive in charge of high-growth markets, including
China and Russia, to lead its U.S....
Read more
Thursday said it hired David Hoffmann, the McDonald's Corp
executive in charge of high-growth markets, including
China and Russia, to lead its U.S....
Read more
Demand for Russia's top-up Eurobond exceeds $7.5 bln - Interfax cites source
MOSCOW, Sept 22 (Reuters) - Demand for a top-up sovereign
Eurobond launched by Russia on Thursday exceeded $7.5 billion, a
financial market source told Interfax, adding the top-up was
priced at...
Read more
Eurobond launched by Russia on Thursday exceeded $7.5 billion, a
financial market source told Interfax, adding the top-up was
priced at...
Read more
BRIEF-First Midwest Bancorp files for potential subordinated notes offering; size not disclosed
* Files for potential subordinated notes offering; size not
disclosed - SEC filing
Source text (http://bit.ly/2cTCuCV)
Further company coverage:
Read more
disclosed - SEC filing
Source text (http://bit.ly/2cTCuCV)
Further company coverage:
Read more
CANADA STOCKS-TSX rises as oil price rise boosts energy stocks
TORONTO, Sept 22 (Reuters) - Canada's main stock index rose
in early trade on Thursday as energy stocks gained with higher
crude prices after Russia's energy minister said the country is
ready to...
Read more
in early trade on Thursday as energy stocks gained with higher
crude prices after Russia's energy minister said the country is
ready to...
Read more
LATAM Airlines' controlling families to modify ownership structure
SANTIAGO, Sept 22 (Reuters) - The two families that control
LATAM Airlines, Chile's Cueto family and Brazil's Amaro
family, said on Thursday that they have agreed to modify their
ownership structure...
Read more
LATAM Airlines, Chile's Cueto family and Brazil's Amaro
family, said on Thursday that they have agreed to modify their
ownership structure...
Read more
Yahoo set to confirm massive data breach - Recode
Sept 22 (Reuters) - Yahoo Inc will confirm this
week a massive data breach of its service, technology news
website Recode reported on Thursday, citing several sources
close to the situation.
Read more
week a massive data breach of its service, technology news
website Recode reported on Thursday, citing several sources
close to the situation.
Read more
Maersk CEO says new Transport and Logistics division to expand market share
COPENHAGEN, Sept 22 (Reuters) - Denmark's A.P.
Moller-Maersk's new Transport and Logistics division will aim to
expand its market share every year through organic growth and
acquisitions, CEO Soren...
Read more
Moller-Maersk's new Transport and Logistics division will aim to
expand its market share every year through organic growth and
acquisitions, CEO Soren...
Read more
BRIEF-Pacific Drilling launches consent solicitation
* Proposed amendment would enable co to incur additional
indebtedness which is secured on assets other than collateral
securing notes
Read more
indebtedness which is secured on assets other than collateral
securing notes
Read more
UPDATE 1-Russia can "in theory" cut oil output by 5 pct - deputy minister
MOSCOW, Sept 22 (Reuters) - Russia can "in theory" reduce
its oil output by 5 percent, Russian Deputy Energy Minister
Kirill Molodtsov said on Thursday, referring to a possible
output freeze by major...
Read more
its oil output by 5 percent, Russian Deputy Energy Minister
Kirill Molodtsov said on Thursday, referring to a possible
output freeze by major...
Read more
Demand for Russia's Eurobond seen at more than $3 bln
MOSCOW, Sept 22 (Reuters) - Demand for Russia's Eurobond top
up has exceeded $3 billion, sources in the financial sector told
Reuters on Thursday.
Read more
up has exceeded $3 billion, sources in the financial sector told
Reuters on Thursday.
Read more
UPDATE 1-Euro zone bond yields hit two-week lows as Fed steps on the brakes
LONDON, Sept 22 (Reuters) - Euro zone bond yields tumbled to
two-week lows on Thursday, with German Bund yields moving
decisively back into negative territory after the U.S. Federal
Reserve lowered...
Read more
two-week lows on Thursday, with German Bund yields moving
decisively back into negative territory after the U.S. Federal
Reserve lowered...
Read more
BRIEF-CTi biopharma granted 180 day extension by NASDAQ to regain compliance
* CTi Biopharma granted 180 day extension by NASDAQ to
regain compliance with minimum bid price rule
Read more
regain compliance with minimum bid price rule
Read more
Wednesday, September 21, 2016
Swiss stocks - Factors to watch on Sept 22
ZURICH, Sept 22 (Reuters) - The following are some of the
main factors expected to affect Swiss stocks on Thursday:
Read more
main factors expected to affect Swiss stocks on Thursday:
Read more
Morning News Call - India, September 22
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_09222016.pdf
FACTORS TO WATCH
9:30 am: Finance Minister Arun...
Read more
FACTORS TO WATCH
9:30 am: Finance Minister Arun...
Read more
UPDATE 1-Venezuela election board sinks push for Maduro referendum in 2016
CARACAS, Sept 21 (Reuters) - Venezuela's national election
board on Wednesday dashed opposition hopes of holding a
referendum this year to remove unpopular socialist President
Nicolas Maduro.
Read more
board on Wednesday dashed opposition hopes of holding a
referendum this year to remove unpopular socialist President
Nicolas Maduro.
Read more
GLOBAL MARKETS-Asian shares surge, dollar lags on slow-motion Fed
SINGAPORE/SYDNEY, Sept 22 (Reuters) - Asian shares surged on
Thursday, taking their cue from Wall Street, after the Federal
Reserve left U.S. interest rates unchanged and slowed the pace
of future...
Read more
Thursday, taking their cue from Wall Street, after the Federal
Reserve left U.S. interest rates unchanged and slowed the pace
of future...
Read more
UPDATE 2-NZ's central bank stands pat but keeps door open to easing
* New Zealand dollar weakens after RBNZ jawboning
(Adds context, market reaction, comment from economist)
Read more
(Adds context, market reaction, comment from economist)
Read more
DIARY-Emerging Markets Economic Events to Oct. 4
** This diary is filed daily **
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UPDATE 1-Colonial says gasoline line safely restarted after leak
NEW YORK, Sept 21 (Reuters) - Colonial Pipeline Co
said its main gasoline line, Line 1, was safely
restarted and returned to service on Wednesday after its biggest
leak in nearly two decades...
Read more
said its main gasoline line, Line 1, was safely
restarted and returned to service on Wednesday after its biggest
leak in nearly two decades...
Read more
BRIEF-Oclaro announces pricing of 15 mln shares at $8.35/share
* Says announced pricing 15 million shares of its common
stock at a price to public of $8.35 per share
Source text for Eikon:
Further company coverage:
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stock at a price to public of $8.35 per share
Source text for Eikon:
Further company coverage:
Read more
Wal-Mart must face U.S. class action over alleged Mexican bribery
Sept 21 (Reuters) - Wal-Mart Stores Inc must face a
class-action lawsuit accusing the world's largest retailer of
defrauding shareholders by concealing suspected bribery to help
it expand faster in...
Read more
class-action lawsuit accusing the world's largest retailer of
defrauding shareholders by concealing suspected bribery to help
it expand faster in...
Read more
Gundlach says DoubleLine shorting some restaurants, airlines and retailers -CNBC
NEW YORK, Sept 21 (Reuters) - Jeffrey Gundlach, chief
executive of DoubleLine Capital, said on CNBC television
Wednesday that he has been selectively shorting shares in some
restaurants, airlines and...
Read more
executive of DoubleLine Capital, said on CNBC television
Wednesday that he has been selectively shorting shares in some
restaurants, airlines and...
Read more
CORRECTED-BRIEF-Washington Federal authorizes repurchase of additional 5 mln shares
* Authorization of an additional 5 million shares that may
be repurchased under company's share repurchase program
Source text for Eikon:
Further company coverage:
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be repurchased under company's share repurchase program
Source text for Eikon:
Further company coverage:
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VW's van division has strong orders, mulls U.S. market entry
HANOVER, Germany, Sept 21 (Reuters) - Volkswagen's
commercial vehicle division has great prospects for
future sales and is toying with the idea of launching vans and
pick-up trucks in the United...
Read more
commercial vehicle division has great prospects for
future sales and is toying with the idea of launching vans and
pick-up trucks in the United...
Read more
CANADA STOCKS-TSX jumps 1.3 pct as gold miners surge with metal after Fed
TORONTO, Sept 21 (Reuters) - Canada's main stock index
spiked to its highest close in almost two weeks on Wednesday as
gold miners surged with the precious metal after the Federal
Reserve held U.S....
Read more
spiked to its highest close in almost two weeks on Wednesday as
gold miners surged with the precious metal after the Federal
Reserve held U.S....
Read more
Fed's Yellen holds news conference after FOMC meeting
WASHINGTON, Sept 21 (Reuters) - For highlights of Federal
Reserve Chair Janet Yellen's press conference on Wednesday
following the end of a two-day meeting of the U.S. central
bank's policy-setting...
Read more
Reserve Chair Janet Yellen's press conference on Wednesday
following the end of a two-day meeting of the U.S. central
bank's policy-setting...
Read more
Boeing receives U.S. license to sell jetliners to Iran, ending ban
NEW YORK, Sept 21 (Reuters) - Boeing Co said it had
received on Wednesday a U.S. government license allowing it sell
jetliners to Iran, ending a decades-long ban and matching
European rival Airbus,...
Read more
received on Wednesday a U.S. government license allowing it sell
jetliners to Iran, ending a decades-long ban and matching
European rival Airbus,...
Read more
BRIEF-Moody's Assigns Aa2 to MA School Build. Auth.'s $625M Senior Sales Tax Bonds, 2016 Ser. B & C; Outlook stable
* Moody's Assigns Aa2 to MA School Build. Auth.'s $625M
Senior Sales Tax Bonds, 2016 Ser. B & C; Outlook stable
Source text for Eikon:
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Senior Sales Tax Bonds, 2016 Ser. B & C; Outlook stable
Source text for Eikon:
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CORRECTED-UPDATE 1-Yum China files to issue 10 mln shares to Yum Brands shareholders
Sept 21 (Reuters) - Yum China Holdings Inc, which is being
spun off from KFC owner Yum Brands Inc, filed with
regulators on Wednesday to issue 10 million common shares to
certain participants in Yum...
Read more
spun off from KFC owner Yum Brands Inc, filed with
regulators on Wednesday to issue 10 million common shares to
certain participants in Yum...
Read more
ExxonMobil unit to pay U.S., Montana $12 mln to settle 2011 oil spill
WASHINGTON, Sept 21 (Reuters) - An Exxon Mobil Corp
affiliate has agreed to pay $12 million in natural resource
damages to the federal government and the state of Montana to
settle claims over a...
Read more
affiliate has agreed to pay $12 million in natural resource
damages to the federal government and the state of Montana to
settle claims over a...
Read more
Heat rises on Wells Fargo CEO after lawmaker grilling
NEW YORK, Sept 21 (Reuters) - Wells Fargo & Co Chief
Executive John Stumpf prides himself on being a banker who
understands the little guy's financial problems. He has spoken
publicly about growing...
Read more
Executive John Stumpf prides himself on being a banker who
understands the little guy's financial problems. He has spoken
publicly about growing...
Read more
BRIEF-InfluxData Inc raises $16.5 mln in equity financing
* InfluxData Inc says it has raised $16.5 million in equity
financing - SEC filing
Source text (http://bit.ly/2d8Y8AR)
Read more
financing - SEC filing
Source text (http://bit.ly/2d8Y8AR)
Read more
EU mergers and takeovers (Sept 21)
BRUSSELS, Sept 21 (Reuters) - The following are mergers
under review by the European Commission and a brief guide to the
EU merger process:
Read more
under review by the European Commission and a brief guide to the
EU merger process:
Read more
BRIEF-Intercontinental Exchange's board vote to increase number of directors
* On Sept. 21, 2016, board voted to increase total number of
directors constituting board from 8 to 9 directors - SEC filing
Source text: (http://bit.ly/2cRgOpg)
Further company coverage:
Read more
directors constituting board from 8 to 9 directors - SEC filing
Source text: (http://bit.ly/2cRgOpg)
Further company coverage:
Read more
Suncor says exploration well non-commercial, to take C$105 mln hit
Sept 21 (Reuters) - Canada's Suncor Energy Inc said
the first exploration well of a joint venture in the Shelburne
basin, south of Nova Scotia, was non-commercial and it would
take a related charge...
Read more
the first exploration well of a joint venture in the Shelburne
basin, south of Nova Scotia, was non-commercial and it would
take a related charge...
Read more
BRIEF-Goldstar Minerals to begin its first phase diamond drill program
* Corporation plans to begin its first phase diamond drill
program by mid-October 2016 on its Lake George property in New
Brunswick, Canada
Source text for Eikon:
Further company coverage:
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program by mid-October 2016 on its Lake George property in New
Brunswick, Canada
Source text for Eikon:
Further company coverage:
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BRIEF-Eleven Biotherapeutics buys Viventia Bio to create oncology company
* Eleven Biotherapeutics acquires Viventia Bio to create
targeted protein therapeutics oncology company
Read more
targeted protein therapeutics oncology company
Read more
BRIEF-Boeing selects Rockwell Collins to provide touchscreen displays for 777X
* Boeing selected co to provide touchscreen flight displays
for all five flight deck displays on new Boeing 777X
Source text for Eikon:
Further company coverage:
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for all five flight deck displays on new Boeing 777X
Source text for Eikon:
Further company coverage:
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General Mills sales fall for fifth straight quarter
Sept 21 (Reuters) - General Mills Inc reported a
drop in quarterly net sales for the fifth straight quarter, hurt
mainly by weak demand for its Yoplait yogurt and Progresso soup
and the sale of its...
Read more
drop in quarterly net sales for the fifth straight quarter, hurt
mainly by weak demand for its Yoplait yogurt and Progresso soup
and the sale of its...
Read more
Wal-Mart pays quarterly bonuses to more store employees
CHICAGO, Sept 21 (Reuters) - Wal-Mart Stores Inc
said it paid more than $201 million in second-quarter bonuses to
hourly store staff as 99 percent of its stores met targets for
cleanliness, faster...
Read more
said it paid more than $201 million in second-quarter bonuses to
hourly store staff as 99 percent of its stores met targets for
cleanliness, faster...
Read more
CEE MARKETS-Equities, forint rebound, Polish assets lag behind
* Equities mostly track rebound in Western Europe and Asia
* Forint regains ground after dip on central bank easing
* Polish assets underperform on political worries
By Sandor Peto and...
Read more
* Forint regains ground after dip on central bank easing
* Polish assets underperform on political worries
By Sandor Peto and...
Read more
Sterling sinks to five-week low as Brexit burden bites
LONDON, Sept 21 (Reuters) - Worries and uncertainty over the
impact of Britain's looming exit from the European Union drove
sterling to another five-week trough below $1.30 on
Wednesday.
Read more
impact of Britain's looming exit from the European Union drove
sterling to another five-week trough below $1.30 on
Wednesday.
Read more
GLOBAL MARKETS-BOJ rate surprise lifts world stocks ahead of Fed
LONDON, Sept 21 (Reuters) - World stocks rose on Wednesday,
led by a surge in bank shares, while the yen weakened after the
Bank of Japan surprised markets by adopting a target for
long-term interest...
Read more
led by a surge in bank shares, while the yen weakened after the
Bank of Japan surprised markets by adopting a target for
long-term interest...
Read more
HIGHLIGHTS-BOJ Governor Kuroda's comments at news conference
Sept 21 (Reuters) - The Bank of Japan added a long-term
interest rate target to its massive asset-buying programme on
Wednesday, overhauling its policy framework and re-committing to
reaching its 2...
Read more
interest rate target to its massive asset-buying programme on
Wednesday, overhauling its policy framework and re-committing to
reaching its 2...
Read more
Tuesday, September 20, 2016
Trillion-dollar global fund industry faces pressure to tighten belt
LONDON/NEW YORK, Sept 21 (Reuters) - Home to trillions of
dollars of global wealth, mutual fund firms face an unfamiliar
round of belt-tightening as changes in the way people invest and
rising costs...
Read more
dollars of global wealth, mutual fund firms face an unfamiliar
round of belt-tightening as changes in the way people invest and
rising costs...
Read more
REFILE-UPDATE 1-BOJ overhauls policy framework, sets yield curve target
TOKYO, Sept 21 (Reuters) - The Bank of Japan added a
long-term interest rate target to its massive asset-buying
programme on Wednesday, overhauling its policy framework and
recommitting to reaching...
Read more
long-term interest rate target to its massive asset-buying
programme on Wednesday, overhauling its policy framework and
recommitting to reaching...
Read more
FOREX-Dollar gains after BOJ changes policy framework
TOKYO, Sept 21 (Reuters) - The dollar jumped on Wednesday
after the Bank of Japan altered its policy framework, and
investors bought back the U.S. currency ahead of the outcome of
the Federal...
Read more
after the Bank of Japan altered its policy framework, and
investors bought back the U.S. currency ahead of the outcome of
the Federal...
Read more
Divided U.S. Supreme Court turns to less sensitive IP cases
WASHINGTON, Sept 21 (Reuters) - Shorthanded and
ideologically divided, the U.S. Supreme Court has yet to take up
any cases on politically sensitive social issues in its new term
starting in October,...
Read more
ideologically divided, the U.S. Supreme Court has yet to take up
any cases on politically sensitive social issues in its new term
starting in October,...
Read more
UPDATE 2-China's premier says U.S. ties will develop no matter who wins election
NEW YORK, Sept 20 (Reuters) - China and the United States
will keep developing positive relations no matter who wins
November's U.S. presidential election, Chinese Premier Li
Keqiang told an economic...
Read more
will keep developing positive relations no matter who wins
November's U.S. presidential election, Chinese Premier Li
Keqiang told an economic...
Read more
Morning News Call - India, September 21
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_09212016.pdf
FACTORS TO WATCH
10:00 am: Steel Minister Birender...
Read more
FACTORS TO WATCH
10:00 am: Steel Minister Birender...
Read more
Nikkei falls before BOJ decision; banks, insurers lower
TOKYO, Sept 21 (Reuters) - Japan's Nikkei share index fell
on Wednesday morning, dragged down by selling in banking and
insurance stocks as investors braced for the outcome of the Bank
Of Japan's...
Read more
on Wednesday morning, dragged down by selling in banking and
insurance stocks as investors braced for the outcome of the Bank
Of Japan's...
Read more
Lawyer for JonBenet Ramsey family vows to sue CBS over documentary
DENVER, Sept 20 (Reuters) - The lawyer for the family of
slain child beauty queen JonBenet Ramsey denounced a CBS
documentary theorizing she was killed by her brother, Burke, as
a "false and...
Read more
slain child beauty queen JonBenet Ramsey denounced a CBS
documentary theorizing she was killed by her brother, Burke, as
a "false and...
Read more
Norway oil workers go on strike, output at risk if conflict extends
OSLO, Sept 21 (Reuters) - More than 300 Norwegian oil
service workers will go on strike on Wednesday after wage talks
broke down, hitting operations of five large subcontractors to
the country's oil...
Read more
service workers will go on strike on Wednesday after wage talks
broke down, hitting operations of five large subcontractors to
the country's oil...
Read more
UPDATE 1-Full Hanjin ship can't dock without plan to leave
Sept 20 (Reuters) - Failed South Korean cargo line Hanjin
Shipping Co Ltd found the money to unload a full container ship
waiting outside a New York-area port. But before the vessel was
allowed to...
Read more
Shipping Co Ltd found the money to unload a full container ship
waiting outside a New York-area port. But before the vessel was
allowed to...
Read more
DIARY-Top Economic Events to Sept. 30
Political and general news
** This Diary is filed daily **
-------------------------------------------------------------
WEDNESDAY, SEPTEMBER 21
NEW YORK - U.S. Treasury Secretary Jack...
Read more
** This Diary is filed daily **
-------------------------------------------------------------
WEDNESDAY, SEPTEMBER 21
NEW YORK - U.S. Treasury Secretary Jack...
Read more
DIARY-Emerging Markets Economic Events to Sept. 29
** This diary is filed daily **
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UPDATE 3-States, business groups sue U.S. gov't on overtime pay rule
Sept 20 (Reuters) - Officials from 21 U.S. states on Tuesday
filed a lawsuit claiming an Obama administration rule to extend
mandatory overtime pay to more than 4 million workers will place
a heavy...
Read more
filed a lawsuit claiming an Obama administration rule to extend
mandatory overtime pay to more than 4 million workers will place
a heavy...
Read more
U.S. judge narrows currency rigging lawsuit against seven banks
NEW YORK, Sept 20 (Reuters) - The U.S. judge overseeing
litigation accusing 16 banks of rigging prices in the $5.3
trillion-a-day foreign exchange market on Tuesday narrowed but
refused to dismiss...
Read more
litigation accusing 16 banks of rigging prices in the $5.3
trillion-a-day foreign exchange market on Tuesday narrowed but
refused to dismiss...
Read more
BRIEF-Gray names Richard B. Hare to its board
* Says board of directors unanimously voted to expand board
by one seat
Source text for Eikon:
Further company coverage:
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by one seat
Source text for Eikon:
Further company coverage:
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U.S. govt approves Colonial gasoline line restart after leak - federal official
NEW YORK, Sept 20 (Reuters) - The U.S. government has given
verbal approval to Colonial Pipeline Co to restart pumping fuel
on its main gasoline line after a leak shut it down on Sept. 9,
according...
Read more
verbal approval to Colonial Pipeline Co to restart pumping fuel
on its main gasoline line after a leak shut it down on Sept. 9,
according...
Read more
BRIEF-Francesca's appoints Steven Lawrence CEO
* francesca's announces appointment of steven p. Lawrence
as president and chief executive officer
Read more
as president and chief executive officer
Read more
DIARY - Today in Washington - Sept 21
1030/1430: The Energy Information Administration
issues weekly petroleum stocks and output data.
Read more
issues weekly petroleum stocks and output data.
Read more
US STOCKS SNAPSHOT-Wall St edges up on healthcare boost; Fed on tap
NEW YORK, Sept 20 (Reuters) - Wall Street inched higher on
Tuesday, helped by deal-making in the healthcare sector, a day
before highly anticipated outcomes of monetary policy meetings
in the United...
Read more
Tuesday, helped by deal-making in the healthcare sector, a day
before highly anticipated outcomes of monetary policy meetings
in the United...
Read more
LATAM CLOSE- One Latam issuer raises US$1bn
NEW YORK, Sept 20 (IFR) - Below is a recap of primary
issuance activity in the LatAm market on Tuesday:
Read more
issuance activity in the LatAm market on Tuesday:
Read more
BRIEF-Moody's assigns AA2 to Atlantic Cnty, NJ'S $14.6M guar. Go bonds and MIG 1 to $8M guar. BANS; outlook negative
* Moody's On Atlantic County - AA2 rating reflects the county's sizeable tax
base, average socioeconomic profile, and adequate current fund balance
Read more
base, average socioeconomic profile, and adequate current fund balance
Read more
VW's Audi head questioned over emissions scandal
HANOVER, Germany, Sept 20 (Reuters) - The head of
Volkswagen's luxury car division Audi has been
questioned by investigators looking into the company's emissions
scandal, VW Chief Executive Matthias...
Read more
Volkswagen's luxury car division Audi has been
questioned by investigators looking into the company's emissions
scandal, VW Chief Executive Matthias...
Read more
UPDATE 2-Canada's interest rates to stay low given headwinds -central bank
QUEBEC CITY, Quebec, Sept 20 (Reuters) - Canadian interest
rates will stay low for longer as the economy faces strong
headwinds and business investment is weaker than expected, but
government...
Read more
rates will stay low for longer as the economy faces strong
headwinds and business investment is weaker than expected, but
government...
Read more
UPDATE 2-Long-dated euro zone yields fall with Japanese influx expected
LONDON, Sept 20 (Reuters) - Long-dated euro zone government
bond yields fell on Tuesday with the Bank of Japan expected to
enact measures that may push Japanese investors away from their
country's...
Read more
bond yields fell on Tuesday with the Bank of Japan expected to
enact measures that may push Japanese investors away from their
country's...
Read more
Zurich merges corporate and commercial units, hires AIG's Shea
ZURICH, Sept 20 (Reuters) - Zurich Insurance is
combining its corporate and commercial businesses into a single
unit under new leadership, part of its streamlining process
under new Chief Executive...
Read more
combining its corporate and commercial businesses into a single
unit under new leadership, part of its streamlining process
under new Chief Executive...
Read more
BRIEF-Mylan accused of Medicaid fraud by West Virginia over EpiPen - Bloomberg
* Mylan NV accused of Medicaid fraud by West Virginia over
EpiPen - Bloomberg
Source text : http://bloom.bg/2cAsUSs
Further company coverage:
Read more
EpiPen - Bloomberg
Source text : http://bloom.bg/2cAsUSs
Further company coverage:
Read more
UPDATE 1-At U.N., Brazil's Temer says Rousseff's ouster was constitutional
UNITED NATIONS, Sept 20 (Reuters) - Brazil's new president
Michel Temer told the United Nations General Assembly on Tuesday
that the impeachment of his predecessor Dilma Rousseff was
conducted with...
Read more
Michel Temer told the United Nations General Assembly on Tuesday
that the impeachment of his predecessor Dilma Rousseff was
conducted with...
Read more
BRIEF-Merger termination may require DTS to pay Tessera a fee of $25.5 million
* Upon termination of merger agreement under specified
circumstances, DTS may be required to pay Tessera a termination
fee of $25.5 million
Source text for Eikon:
Further company coverage:
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circumstances, DTS may be required to pay Tessera a termination
fee of $25.5 million
Source text for Eikon:
Further company coverage:
Read more
UPDATE 1-Okapi Partners hires Georgeson veteran Jason Alexander
NEW YORK, Sept 20 (Reuters) - Okapi Partners has hired Jason
Alexander as a managing director to focus on its corporate
clients, the proxy solicitation and advisory firm said on
Monday.
Read more
Alexander as a managing director to focus on its corporate
clients, the proxy solicitation and advisory firm said on
Monday.
Read more
BRIEF-Teva and regeneron announce global collaboration to develop Fasinumab
* To pay Regeneron $250 million upfront, share equally in
global commercial value, ongoing research & development costs of
about $1 billion
Read more
global commercial value, ongoing research & development costs of
about $1 billion
Read more
BRIEF-Apricus biosciences announces completion of transfer of marketing authorizations
* Apricus Biosciences announces completion of transfer of
marketing authorizations for Vitaros in Finland and Denmark to
Ferring Pharmaceuticals
Read more
marketing authorizations for Vitaros in Finland and Denmark to
Ferring Pharmaceuticals
Read more
Jeferries reports jump in quarterly profit
Sept 20 (Reuters) - Investment bank Jefferies Group LLC
reported a jump in quarterly profit, driven by strong revenue in
its fixed income trading business.
Read more
reported a jump in quarterly profit, driven by strong revenue in
its fixed income trading business.
Read more
CEE MARKETS-Hungarian yields at record low as central bank meets
* Shorter than 10-year Hungarian yields trade at record low
* Hungarian central bank seen limiting depos, a help to
bonds
* CEE stocks, currencies ease ahead of BoJ, Fed meetings
By...
Read more
* Hungarian central bank seen limiting depos, a help to
bonds
* CEE stocks, currencies ease ahead of BoJ, Fed meetings
By...
Read more
UPDATE 1-Lufthansa Technik, MTU Aero Engines eye joint maintenance company
Sept 20 (Reuters) - Lufthansa's maintenance unit
and MTU Aero Engines AG are looking into the
possibility of setting up a joint company to provide
maintenance, repair and overhaul of aircraft engines:
Read more
and MTU Aero Engines AG are looking into the
possibility of setting up a joint company to provide
maintenance, repair and overhaul of aircraft engines:
Read more
GLOBAL MARKETS-Stocks and dollar subdued as Fed, BOJ meetings begin
LONDON, Sept 20 (Reuters) - Shares hit pause and the dollar
lost ground against the yen on Tuesday, as investors awaited the
outcomes of Federal Reserve and Bank of Japan meetings that will
both...
Read more
lost ground against the yen on Tuesday, as investors awaited the
outcomes of Federal Reserve and Bank of Japan meetings that will
both...
Read more
MOVES-MUFG Investor Services names EMEA exec director for business development
Sept 20 (Reuters) - MUFG Investor Services, the global asset
servicing arm of Mitsubishi UFJ Financial Group, said
it had appointed Kate Stallard as executive director, business
development in EMEA.
Read more
servicing arm of Mitsubishi UFJ Financial Group, said
it had appointed Kate Stallard as executive director, business
development in EMEA.
Read more
Monday, September 19, 2016
BRIEF-BASF appoints IMCD as its personal care distribution partner
* BASF appoints IMCD as its personal care
distribution partner in the Southeast region of the US
Read more
distribution partner in the Southeast region of the US
Read more
GLOBAL MARKETS-Asia stocks wobble as investors nervously await Fed, BOJ
TOKYO, Sept 20 (Reuters) - Asian shares edged lower on
Tuesday as investors nervously awaited the outcomes of Federal
Reserve and Bank of Japan policy meetings that will both
conclude on Wednesday.
Read more
Tuesday as investors nervously awaited the outcomes of Federal
Reserve and Bank of Japan policy meetings that will both
conclude on Wednesday.
Read more
PRESS DIGEST- New York Times business news - Sept 20
Sept 20 (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
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
Canada auto union to make announcement on GM talks after midnight strike deadline
TORONTO, Sept 19 (Reuters) - Canada's main autoworkers union
said on Monday it will make a 12:15 am (0415 GMT) announcement
as contract talks with General Motors Co near a midnight
strike deadline.
Read more
said on Monday it will make a 12:15 am (0415 GMT) announcement
as contract talks with General Motors Co near a midnight
strike deadline.
Read more
PRESS DIGEST - Wall Street Journal - Sept 20
Sept 20 (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
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
BRIEF-Hawai'i Electric Light proposes first increase in base rates in 6 years
* If approved, typical residential bill for 500 kilowatt
hours on Hawai'i island would increase by $9.31 a month to
$171.16
Read more
hours on Hawai'i island would increase by $9.31 a month to
$171.16
Read more
Wells Fargo CEO to take 'full responsibility' in Senate hearing - NY Times
Sept 19 (Reuters) - Wells Fargo & Co's chief
executive, John Stumpf, will tell U.S. senators on Tuesday that
he is "deeply sorry" for selling customers unauthorized bank
accounts and credit cards and...
Read more
executive, John Stumpf, will tell U.S. senators on Tuesday that
he is "deeply sorry" for selling customers unauthorized bank
accounts and credit cards and...
Read more
China should apply more differentiated property policy as prices surge-Xinhua
SHANGHAI, Sept 20 (Reuters) - China should apply more
differentiated property policy based on local conditions as home
prices surge in some cities, the official Xinhua news agency
said in a...
Read more
differentiated property policy based on local conditions as home
prices surge in some cities, the official Xinhua news agency
said in a...
Read more
UPDATE 2-U.S. may seek power to pre-approve self-driving car technology
WASHINGTON, Sept 19 (Reuters) - The Obama administration
said Monday it was considering seeking the power to review and
approve technology for self-driving cars before they hit the
road and said U.S....
Read more
said Monday it was considering seeking the power to review and
approve technology for self-driving cars before they hit the
road and said U.S....
Read more
Peru aims to lower costs of $5.6 bln metro contract-finmin
LIMA, Sept 19 (Reuters) - The government of Peruvian
President Pedro Pablo Kuczynski said Monday it was negotiating
changes to shave costs off a $5.6 billion metro contract, one of
two major public...
Read more
President Pedro Pablo Kuczynski said Monday it was negotiating
changes to shave costs off a $5.6 billion metro contract, one of
two major public...
Read more
Britain's May says will get the right trade deal with EU
NEW YORK, Sept 19 (Reuters) - Britain will get "the right
deal in terms of trade" with the European Union, Prime Minister
Theresa May told a group of U.S. business and finance leaders on
Monday, in a...
Read more
deal in terms of trade" with the European Union, Prime Minister
Theresa May told a group of U.S. business and finance leaders on
Monday, in a...
Read more
BRIEF-Activision Blizzard completes previously announced offering of two series of senior notes
* Completed previously announced offering of two series of
senior unsecured notes in an aggregate principal amount of $1.5
billion
Source text for Eikon: (http://bit.ly/2cLsGe0)
Further company...
Read more
senior unsecured notes in an aggregate principal amount of $1.5
billion
Source text for Eikon: (http://bit.ly/2cLsGe0)
Further company...
Read more
BRIEF-Rand reports M/V Ojibway returns to service to support Canadian Grain Harvest
* Increased its projection of sailing days to approximately
3,500 days, an increase from initial projection of approximately
3,405 days
Read more
3,500 days, an increase from initial projection of approximately
3,405 days
Read more
CORRECTED-UPDATE 1-Venezuela's PDVSA bonds fall after swap proposal unveiled
CARACAS, Sept 19 (Reuters) - Venezuelan state oil company
PDVSA's bonds fell on Monday in an unenthusiastic
market reaction to the borrower's $7.1 billion debt swap offer.
Read more
PDVSA's bonds fell on Monday in an unenthusiastic
market reaction to the borrower's $7.1 billion debt swap offer.
Read more
Barrick could meet 2016 debt cut target from cash flow -president
DENVER, Sept 19 (Reuters) - Barrick Gold expects to
be able to reach its target of reducing debt by $2 billion by
year-end even without selling any assets, company President
Kelvin Dushnisky said on...
Read more
be able to reach its target of reducing debt by $2 billion by
year-end even without selling any assets, company President
Kelvin Dushnisky said on...
Read more
UPDATE 1-PDVSA 2017s fall on disappointing debt swap terms
NEW YORK, Sept 19 (IFR) - The 2017s issued by Venezuelan oil
company PDVSA were about 1.5 points weaker Monday as investors
largely shunned the terms of a debt exchange targeting US$7.1bn
of those...
Read more
company PDVSA were about 1.5 points weaker Monday as investors
largely shunned the terms of a debt exchange targeting US$7.1bn
of those...
Read more
BRIEF-Boyd Gaming says amends credit agreement dated Aug 14, 2013
* Entered Into An Amendment Which Modifies Third Amended And
Restated Credit Agreement Dated August 14, 2013
Read more
Restated Credit Agreement Dated August 14, 2013
Read more
BRIEF-Wells Fargo risk manager takes personal leave of absence - BBG citing, co spokeswoman
* Risk manager Claudia Russ Anderson takes personal leave of
absence - Bloomberg citing, company spokeswoman
Source text : http://bloom.bg/2d67kuj
Read more
absence - Bloomberg citing, company spokeswoman
Source text : http://bloom.bg/2d67kuj
Read more
Woman found dead in Exxon's Baton Rouge office building
HOUSTON, Sept 19 (Reuters) - A woman was found dead on
Monday morning in the administration building at Exxon Mobil
Corp's Baton Rouge, Louisiana refinery, said the coroner
for East Baton Rouge...
Read more
Monday morning in the administration building at Exxon Mobil
Corp's Baton Rouge, Louisiana refinery, said the coroner
for East Baton Rouge...
Read more
BRIEF-Argentum Pharmaceuticals succeeds in starting patent cancellation trial against Janssen's Zytiga
* Argentum pharmaceuticals says succeeds in starting patent
cancellation trial against janssen's zytiga
Read more
cancellation trial against janssen's zytiga
Read more
UPDATE 1-Ernst & Young settles charges that two auditors got 'too close' to clients -U.S. SEC
WASHINGTON, Sept 19 (Reuters) - Accounting firm Ernst &
Young will pay $9.3 million to settle charges that two of its
auditors got "too close to clients on a personal level" and
broke rules aimed at...
Read more
Young will pay $9.3 million to settle charges that two of its
auditors got "too close to clients on a personal level" and
broke rules aimed at...
Read more
BRIEF-Metallic Minerals Corp. appoints Greg Johnson as CEO and Chairman
* Metallic Minerals Corp. appoints Greg Johnson as CEO and
Chairman
Source text for Eikon:
Further company coverage:
Read more
Chairman
Source text for Eikon:
Further company coverage:
Read more
U.S. FDA approves Bayer contraceptive device Kyleena
Sept 19 (Reuters) - The U.S. Food and Drug Administration
approved Bayer AG's hormonal contraceptive device,
Kyleena, to prevent pregnancy for up to five years, the German
company said on Monday.
Read more
approved Bayer AG's hormonal contraceptive device,
Kyleena, to prevent pregnancy for up to five years, the German
company said on Monday.
Read more
Iran cuts Airbus deal by six jets amid implementation delays-official
TEHRAN, Sept 19 (Reuters) - Iran has reduced the number of
planes it plans to buy from Airbus by six units
following delays in U.S. regulatory approvals needed to import
the jets, an Iranian official...
Read more
planes it plans to buy from Airbus by six units
following delays in U.S. regulatory approvals needed to import
the jets, an Iranian official...
Read more
BRIEF-Four lawsuits filed by purported stockholders of Tesla challenging SolarCity deal
* Between Sept 1 and Sept 14, four lawsuits filed in court
of Chancery of State of Delaware by purported stockholders of
Tesla challenging SolarCity deal
Read more
of Chancery of State of Delaware by purported stockholders of
Tesla challenging SolarCity deal
Read more
MOVES-Julius Baer, Credit Suisse, Neon
Sept 19 (Reuters) - The following financial services
industry appointments were announced on Monday. To inform us of
other job changes, email moves@thomsonreuters.com.
Read more
industry appointments were announced on Monday. To inform us of
other job changes, email moves@thomsonreuters.com.
Read more
Brazil's economic activity slides 0.09 pct in July - central bank
BRASILIA, Sept 19 (Reuters) - Economic activity in Brazil
fell 0.09 percent in July compared to June, central
bank data showed on Monday, missing market expectations of a
small increase.
Read more
fell 0.09 percent in July compared to June, central
bank data showed on Monday, missing market expectations of a
small increase.
Read more
BRIEF-MGT Capital receives Subpoena from SEC
* MGT receives Subpoena from Securities and Exchange
Commission. No indication that company is subject of any
enforcement proceedings
Read more
Commission. No indication that company is subject of any
enforcement proceedings
Read more
BRIEF-LightintheBox Q2 net loss per ADS $0.03
* Non-GAAP net loss per ADS was $0.01 in Q2 of 2016
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
CEE MARKETS-Hungarian assets jump on upgrade, stocks hit nine-year high
* Hungary's stock index at nine-year high after S&P upgrade
* Hungarian bond yields fall about 10 bps, three-year at new
low
* Forint trades just shy of seven-month high vs euro
By...
Read more
* Hungarian bond yields fall about 10 bps, three-year at new
low
* Forint trades just shy of seven-month high vs euro
By...
Read more
EMERGING MARKETS-Emerging stocks jump, led by upgraded Hungary
LONDON, Sept 19 (Reuters) - Emerging stocks rose 1.3 percent
on Monday and currencies firmed on a bet the U.S. Federal
Reserve will not raise interest rates this week, with Hungarian
assets driven...
Read more
on Monday and currencies firmed on a bet the U.S. Federal
Reserve will not raise interest rates this week, with Hungarian
assets driven...
Read more
Egypt in talks to obtain $2 bln in financing from China
CAIRO, Sept 19 (Reuters) - Egypt is in talks with China to
obtain $2 billion in financing, Deputy Finance Minister Ahmed
Kojak said, without giving further details.
Read more
obtain $2 billion in financing, Deputy Finance Minister Ahmed
Kojak said, without giving further details.
Read more
Sterling stages mild recovery from 1-month low, outlook muddled
LONDON, Sept 19 (Reuters) - Sterling rose against a weaker
dollar on Monday, although gains are still likely to be held in
check by concerns about the uncertainty generated by Britain's
vote to leave...
Read more
dollar on Monday, although gains are still likely to be held in
check by concerns about the uncertainty generated by Britain's
vote to leave...
Read more
RPT-UK to lose passporting rights unless in EEA - ECB's Weidmann
LONDON, Sept 19 (Reuters) - Financial institutions based in
Britain will lose so-called passporting rights allowing them to
operate across the European Union unless post-Brexit Britain is
at least...
Read more
Britain will lose so-called passporting rights allowing them to
operate across the European Union unless post-Brexit Britain is
at least...
Read more
UPDATE 2-UK Stocks-Factors to watch on Sept 19
Sept 19 (Reuters) - Britain's FTSE 100 index is seen opening up 68
points, or 1 percent, on Monday, according to financial bookmakers, with futures
up 0.94 percent ahead of the cash market open.
Read more
points, or 1 percent, on Monday, according to financial bookmakers, with futures
up 0.94 percent ahead of the cash market open.
Read more
Sunday, September 18, 2016
All Hanjin Shipping chartered vessels to be returned to owner after unloading-judge
SEOUL, Sept 19 (Reuters) - All Hanjin Shipping Co Ltd
chartered vessels that have completed unloading
their cargo have been directed to cancel their charter
agreements and return the ship to the...
Read more
chartered vessels that have completed unloading
their cargo have been directed to cancel their charter
agreements and return the ship to the...
Read more
IFR Capital Markets Week Ahead - September 19, 2016
LONDON, Sept 19 (IFR) - Welcome to the IFR Capital Markets
Week Ahead - a new weekly email newsletter from Thomson Reuters
IFR.
TAKING A HIKE
Corporate bond markets are expected to take a breather,...
Read more
Week Ahead - a new weekly email newsletter from Thomson Reuters
IFR.
TAKING A HIKE
Corporate bond markets are expected to take a breather,...
Read more
Morning News Call - India, September 19
To access the newsletter, click on the link:
http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_09192016.pdf
FACTORS TO WATCH
12:15 pm: Moody's senior...
Read more
http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_09192016.pdf
FACTORS TO WATCH
12:15 pm: Moody's senior...
Read more
Struggling U.S. wheat sector cheers trade action against China
CHICAGO, Sept 18 (Reuters) - U.S. wheat farmers, struggling
to make money as prices sink and global supplies swell, could be
the main beneficiaries if Washington wins a case it brought last
week...
Read more
to make money as prices sink and global supplies swell, could be
the main beneficiaries if Washington wins a case it brought last
week...
Read more
REFILE-UPDATE 1-Chinese second-tier city prices continued to soar in August
BEIJING, Sept 19 (Reuters) - China's home prices rose at a
faster pace in August, suggesting that tightening measures
imposed by a growing number of overheated cities on overheated
markets have yet...
Read more
faster pace in August, suggesting that tightening measures
imposed by a growing number of overheated cities on overheated
markets have yet...
Read more
GLOBAL MARKETS-Asia stocks hold central bank vigil, oil bounces
SYDNEY, Sept 19 (Reuters) - Caution gripped Asian shares on
Monday ahead of central bank meetings in the United States and
Japan this week, while oil prices bounced on talk of an OPEC
deal on output...
Read more
Monday ahead of central bank meetings in the United States and
Japan this week, while oil prices bounced on talk of an OPEC
deal on output...
Read more
UPDATE 2-'Veep's Julia Louis-Dreyfus wins again as Emmys gets political
LOS ANGELES, Sept 18 (Reuters) - "Veep" star Julia
Louis-Dreyfus won her fifth straight Emmy on Sunday for her role
in the satirical White House comedy on a night when politics
played large in the...
Read more
Louis-Dreyfus won her fifth straight Emmy on Sunday for her role
in the satirical White House comedy on a night when politics
played large in the...
Read more
DIARY-Top Economic Events to Sept. 28
Political and general news
** This Diary is filed daily **
-------------------------------------------------------------
TUESDAY, SEPTEMBER 20
WASHINGTON - U.S. Federal Reserve's two-day...
Read more
** This Diary is filed daily **
-------------------------------------------------------------
TUESDAY, SEPTEMBER 20
WASHINGTON - U.S. Federal Reserve's two-day...
Read more
DIARY-Emerging Markets Economic Events to Sept. 27
** This diary is filed daily **
----------------------------------------------------------------
Read more
----------------------------------------------------------------
Read more
UPDATE 1-Strike deadline looms, GM and union make progress -report
TORONTO, Sept 18 (Reuters) - Contract negotiations between
Canada's Unifor union and General Motors Co were
scheduled to continue around the clock on Sunday ahead of a
Monday night strike deadline,...
Read more
Canada's Unifor union and General Motors Co were
scheduled to continue around the clock on Sunday ahead of a
Monday night strike deadline,...
Read more
UPDATE 1-Canada will impose nationwide carbon price - minister
TORONTO, Sept 18 (Reuters) - Canada will impose a carbon
price on provinces that do not adequately regulate emissions by
themselves, Environment Minister Catherine McKenna said on
Sunday without...
Read more
price on provinces that do not adequately regulate emissions by
themselves, Environment Minister Catherine McKenna said on
Sunday without...
Read more
UPDATE 1-Iran urges U.S. to unblock aircraft deals, seeks investors
TEHRAN, Sept 18 (Reuters) - Iran urged the United States on
Sunday to remove remaining obstacles to buying passenger planes
following the lifting of international sanctions and it spread
out the...
Read more
Sunday to remove remaining obstacles to buying passenger planes
following the lifting of international sanctions and it spread
out the...
Read more
UPDATE 1-Venezuela's PDVSA says will honor all 2017 bonds if swap declined
MARGARITA ISLAND, Venezuela, Sept 18 (Reuters) - Venezuela's
state oil company PDVSA said on Sunday it would honor all 2017
bonds if a swap offer is not taken up, while reiterating that
its proposal...
Read more
state oil company PDVSA said on Sunday it would honor all 2017
bonds if a swap offer is not taken up, while reiterating that
its proposal...
Read more
UPDATE 1-Gasoline prices spike as Colonial begins bypass around damaged line
Sept 18 (Reuters) - Retail gasoline prices surged due to
continuing problems with Colonial Pipeline Co's gasoline line
that carries fuel to the U.S. East Coast, as the company started
to construct a...
Read more
continuing problems with Colonial Pipeline Co's gasoline line
that carries fuel to the U.S. East Coast, as the company started
to construct a...
Read more
FEATURE-From cars to college town, Canada's Motor City grows despite GM woes
OSHAWA, Ontario, Sept 18(Reuters) - In Oshawa, winning a
spot on the line at General Motors isn't the singular
prize it used to be.
Read more
spot on the line at General Motors isn't the singular
prize it used to be.
Read more
CORRECTED-UPDATE 1-Yemen president names new central bank governor, moves HQ to Aden
SANAA, Sept 18 (Reuters) - Yemen's exiled president Abd
Rabbuh Mansur Hadi appointed Finance Minister Monasser Al Quaiti
as head of the country's central bank on Sunday, the state-run
sabanew.net...
Read more
Rabbuh Mansur Hadi appointed Finance Minister Monasser Al Quaiti
as head of the country's central bank on Sunday, the state-run
sabanew.net...
Read more
Yemeni president names new central bank governor, moves HQ to Aden- Saba
DUBAI, Sept 18 (Reuters) - A decree by Yemen's exiled
president Abd Rabbuh Mansur Hadi appointed former finance
minister Monasser Al Quaiti as head of the central bank,
according to a statement on...
Read more
president Abd Rabbuh Mansur Hadi appointed former finance
minister Monasser Al Quaiti as head of the central bank,
according to a statement on...
Read more
Iran presses for banking agreement to facilitate sanctions pact
TEHRAN, Sept 18 (Reuters) - Iran is pressing the United
States to ease banking obstacles to the reopening of trade under
last year's nuclear deal and hopes for progress on the sidelines
of United...
Read more
States to ease banking obstacles to the reopening of trade under
last year's nuclear deal and hopes for progress on the sidelines
of United...
Read more
Venezuela's PDVSA says will honor all 2017 bonds if swap declined
MARGARITA ISLAND, Venezuela, Sept 18 (Reuters) - Venezuela's
state oil company PDVSA said on Sunday it would honor all 2017
bonds if a swap offer is not taken up, while reiterating that
its proposal...
Read more
state oil company PDVSA said on Sunday it would honor all 2017
bonds if a swap offer is not taken up, while reiterating that
its proposal...
Read more
Canada will impose nationwide carbon price - minister
TORONTO, Sept 18 (Reuters) - Canada will impose a carbon
price on provinces that do not adequately regulate emissions by
themselves, Environment Minister Catherine McKenna said on
Sunday without...
Read more
price on provinces that do not adequately regulate emissions by
themselves, Environment Minister Catherine McKenna said on
Sunday without...
Read more
O.J. Simpson drama set to sweep Emmys in big year for TV diversity
LOS ANGELES, Sept 18 (Reuters) - The dramatization of O.J.
Simpson's sensational 1995 double murder trial looks set to
sweep Sunday's Emmy Awards, crowning an extraordinary year for
American...
Read more
Simpson's sensational 1995 double murder trial looks set to
sweep Sunday's Emmy Awards, crowning an extraordinary year for
American...
Read more
U.S. financials ETF investors face tax bill after index revamp
NEW YORK, Sept 18 (Reuters) - Investors who own some bank
sector funds may be in for an unwanted surprise: a tax bill.
Read more
sector funds may be in for an unwanted surprise: a tax bill.
Read more
Motor racing-F1 cannot be a dictatorship, says new chairman
LONDON, Sept 18 (Reuters) - Formula One cannot be run like a dictatorship, even if many people in the sport are used to that, according to the new chairman appointed to work with commercial supremo...
Read more
Read more
Gasoline prices spike as Colonial begins bypass around damaged line
Sept 18 (Reuters) - Retail gasoline prices surged on
Saturday due to the ongoing problems with Colonial Pipeline Co's
gasoline line that carries fuel to the U.S. East Coast, as the
company started to...
Read more
Saturday due to the ongoing problems with Colonial Pipeline Co's
gasoline line that carries fuel to the U.S. East Coast, as the
company started to...
Read more
Iran expects U.S. export licences for aircraft at end-Sept - official
TEHRAN, Sept 18 (Reuters) - Iran has been told that the
United States will issue export licences within weeks to
facilitate the purchase of Boeing and Airbus
jets and European ATR turboprop planes,...
Read more
United States will issue export licences within weeks to
facilitate the purchase of Boeing and Airbus
jets and European ATR turboprop planes,...
Read more
World's gold miners stick close to home in hunt for more metal
TORONTO/DENVER, Sept 18 (Reuters) - The world's biggest gold
miners are taking a cautious approach in their hunt for bullion,
spending more money to explore around existing mines rather than
new...
Read more
miners are taking a cautious approach in their hunt for bullion,
spending more money to explore around existing mines rather than
new...
Read more
"Dissonant markets" may be underestimating risks to stability - BIS
LONDON, Sept 18 (Reuters) - Financial markets have coped
well with Brexit and other potentially disruptive political
developments recently but asset prices may be running too high
and the potential...
Read more
well with Brexit and other potentially disruptive political
developments recently but asset prices may be running too high
and the potential...
Read more
Saturday, September 17, 2016
UPDATE 2-Samsung Electronics says sold shares in four companies
* Sales won't affect existing business relationships
-Samsung
(Updates with comment from Samsung on transaction)
Read more
-Samsung
(Updates with comment from Samsung on transaction)
Read more
Samsung Electronics says sold shares in four companies
SEOUL, Sept 18 (Reuters) - South Korean tech giant Samsung
Electronics Co Ltd said on Sunday it sold shares in
ASML Holding NV, Rambus Inc, Seagate
Technology Plc and Sharp Corp.
Read more
Electronics Co Ltd said on Sunday it sold shares in
ASML Holding NV, Rambus Inc, Seagate
Technology Plc and Sharp Corp.
Read more
UPDATE 2-Venezuela summit draws few leaders in blow to Maduro
MARGARITA ISLAND, Venezuela, Sept 17 (Reuters) - Only a
handful of leaders have traveled to a meeting of a large Cold
War-era bloc in Venezuela this week, in an embarrassment for the
crisis-hit...
Read more
handful of leaders have traveled to a meeting of a large Cold
War-era bloc in Venezuela this week, in an embarrassment for the
crisis-hit...
Read more
VW's Audi R&D head to be suspended over emissions scandal -Bild am Sonntag
BERLIN, Sept 18 (Reuters) - Volkswagen's Audi
head of development will be suspended this coming week as part
of the investigation into an emissions scandal, Bild am Sonntag
reported citing sources.
Read more
head of development will be suspended this coming week as part
of the investigation into an emissions scandal, Bild am Sonntag
reported citing sources.
Read more
UPDATE 1-Colonial resumes work on U.S. gasoline line, pump prices rise
Sept 17 (Reuters) - Colonial Pipeline Co said on Saturday it
resumed repairing a leak on a key U.S. gasoline line on Friday
afternoon, but pump prices continued to rise in the southeast as
several...
Read more
resumed repairing a leak on a key U.S. gasoline line on Friday
afternoon, but pump prices continued to rise in the southeast as
several...
Read more
Greek central bank chief says no friction with government
ATHENS, Sept 17 (Reuters) - The governor of the Central Bank
of Greece denied on Saturday friction in relations with the
government, against the backdrop of an anti-corruption probe
which has...
Read more
of Greece denied on Saturday friction in relations with the
government, against the backdrop of an anti-corruption probe
which has...
Read more
UPDATE 1-Global partnership to combat AIDS reaches $13 billion goal
MONTREAL, Sept 17 (Reuters) - A global public-private
partnership has reached its goal of raising $13 billion from
international donors to combat AIDS, malaria and tuberculosis,
Canadian Prime...
Read more
partnership has reached its goal of raising $13 billion from
international donors to combat AIDS, malaria and tuberculosis,
Canadian Prime...
Read more
UPDATE 1-Novartis says MS drug cut risk of disability advance in study
ZURICH, Sept 17 (Reuters) - Novartis's
investigational multiple sclerosis drug cut the risk of
disability progression in patients with a tough-to-treat form of
the disease versus a placebo, the...
Read more
investigational multiple sclerosis drug cut the risk of
disability progression in patients with a tough-to-treat form of
the disease versus a placebo, the...
Read more
UPDATE 1-No significant progress in auto talks with GM -Canada Unifor union
TORONTO, Sept 17 (Reuters) - General Motors Co and
the Canadian union Unifor have not yet made any significant
progress in their talks to hammer out a new contract, the labor
group's President Jerry...
Read more
the Canadian union Unifor have not yet made any significant
progress in their talks to hammer out a new contract, the labor
group's President Jerry...
Read more
Novartis says MS drug cut risk of disability advance in study
ZURICH, Sept 17 (Reuters) - Novartis's
investigational multiple sclerosis drug cut the risk of
disability progression in patients with a tough-to-treat form of
the disease versus a placebo, the...
Read more
investigational multiple sclerosis drug cut the risk of
disability progression in patients with a tough-to-treat form of
the disease versus a placebo, the...
Read more
GM, Canada union in final talks ahead of strike deadline
TORONTO, Sept 17 (Reuters) - General Motors Co and
the Canadian union Unifor began the final stretch of talks on
Saturday, divided ahead of a looming strike deadline over union
demands that the U.S....
Read more
the Canadian union Unifor began the final stretch of talks on
Saturday, divided ahead of a looming strike deadline over union
demands that the U.S....
Read more
ITT Educational Services files for bankruptcy to start liquidation
SAN FRANCISCO, Sept 16 (Reuters) - ITT Educational Services
Inc filed for bankruptcy on Friday to liquidate its
business after the U.S. government restricted financial aid to
new students of the U.S....
Read more
Inc filed for bankruptcy on Friday to liquidate its
business after the U.S. government restricted financial aid to
new students of the U.S....
Read more
Friday, September 16, 2016
UPDATE 1-Florida man sues Samsung, says Galaxy Note 7 exploded
Sept 16 (Reuters) - Samsung Electronics Co was
sued on Friday by a Florida man who said he suffered severe
burns after his Galaxy Note 7 smartphone exploded in his front
pants pocket.
Read more
sued on Friday by a Florida man who said he suffered severe
burns after his Galaxy Note 7 smartphone exploded in his front
pants pocket.
Read more
Brazil listed homebuilder Viver files for bankruptcy protection
SAO PAULO, Sept 16 (Reuters) - Viver Incorporadora &
Construtora SA filed for bankruptcy protection on Friday,
becoming the first listed Brazilian homebuilder ever to seek an
in-court reorganization...
Read more
Construtora SA filed for bankruptcy protection on Friday,
becoming the first listed Brazilian homebuilder ever to seek an
in-court reorganization...
Read more
DIARY-Emerging Markets Economic Events to Sept. 27
** This diary is filed daily **
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Read more
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Read more
UPDATE 6-Sticker shock seen for U.S. motorists after key pipeline break
(Adds company comment on PHMSA order)
By Devika Krishna Kumar
NEW YORK, Sept 16 (Reuters) - Colonial Pipeline Co aims to
restart a key U.S. gasoline line by Thursday after delays to
repair a...
Read more
By Devika Krishna Kumar
NEW YORK, Sept 16 (Reuters) - Colonial Pipeline Co aims to
restart a key U.S. gasoline line by Thursday after delays to
repair a...
Read more
DIARY-Top Economic Events to Sept. 28
Political and general news
** This Diary is filed daily **
-------------------------------------------------------------
TUESDAY, SEPTEMBER 20
WASHINGTON - U.S. Federal Reserve's two-day...
Read more
** This Diary is filed daily **
-------------------------------------------------------------
TUESDAY, SEPTEMBER 20
WASHINGTON - U.S. Federal Reserve's two-day...
Read more
Mobileye says it warned Tesla against enabling 'hands-free' driving
FRANKFURT, Sept 16 (Reuters) - Mobileye NV said in
a U.S. securities filing on Friday that its top executives were
assured by Tesla Motors Inc Chief Executive Elon Musk
that drivers of the company's...
Read more
a U.S. securities filing on Friday that its top executives were
assured by Tesla Motors Inc Chief Executive Elon Musk
that drivers of the company's...
Read more
Exxon probe faces uphill climb amid ambiguous accounting rules
NEW YORK, Sept 16 (Reuters) - New York Attorney General Eric
Schneiderman faces an uphill climb in building a case against
Exxon Mobil Corp for not writing down assets amid the
oil-price slump...
Read more
Schneiderman faces an uphill climb in building a case against
Exxon Mobil Corp for not writing down assets amid the
oil-price slump...
Read more
UPDATE 2-Venezuela's PDVSA offers 2020 bond swap, with 8.5 pct coupon
CARACAS, Sept 16 (Reuters) - Venezuela's state oil company
PDVSA launched on Friday an offer to swap debt maturing next
year for a new 2020 bond with a coupon of 8.5 percent in an
effort to ease its...
Read more
PDVSA launched on Friday an offer to swap debt maturing next
year for a new 2020 bond with a coupon of 8.5 percent in an
effort to ease its...
Read more
BRIEF-Empire District Electric files for new Kansas electric rates
* Company is seeking an annual increase in base rate
revenues of approximately $6.4 million, or about 25.7 pct
Source text for Eikon:
Further company coverage:
Read more
revenues of approximately $6.4 million, or about 25.7 pct
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Newstrike reports non-brokered private placement
Sept 16 (Reuters) - Newstrike Resources Ltd :
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
Science Applications International wins $700 mln Pentagon contract
WASHINGTON, Sept 16 (Reuters) - Science Applications
International Corp was awarded a $700 million contract
for chemicals, packaged petroleum, oils and lubricants on
Friday, the Pentagon said in a...
Read more
International Corp was awarded a $700 million contract
for chemicals, packaged petroleum, oils and lubricants on
Friday, the Pentagon said in a...
Read more
UPDATE 2-Peru central bank trims 2017 growth outlook on political risks
LIMA, Sept 16 (Reuters) - Peru's central bank on Friday
trimmed its economic growth outlook for 2017 to 4.5 percent
from 4.6 in June, citing uncertainty over new government
policies and the risk of...
Read more
trimmed its economic growth outlook for 2017 to 4.5 percent
from 4.6 in June, citing uncertainty over new government
policies and the risk of...
Read more
BRIEF-Callon Petroleum Co says on September 15, co entered into purchase agreement
* Callon Petroleum Co says on September 15, 2016, co entered
into a purchase agreement - Sec Filing
Read more
into a purchase agreement - Sec Filing
Read more
California governor signs epinephrine bill, blasts Mylan
SAN FRANCISCO, Sept 16 (Reuters) - California Governor Jerry
Brown on Friday signed a bill to allow businesses across the
state to carry epinephrine auto-injectors, but sharply
admonished drugmaker...
Read more
Brown on Friday signed a bill to allow businesses across the
state to carry epinephrine auto-injectors, but sharply
admonished drugmaker...
Read more
BRIEF-Sequenom announces tender offers, consent solicitations for 5 pct convertible senior notes
* Labcorp subsidiary Sequenom Inc. announces tender offers
and consent solicitations for 5 percent convertible senior notes
due 2017 and 5 percent convertible senior exchange notes due
2018
Read more
and consent solicitations for 5 percent convertible senior notes
due 2017 and 5 percent convertible senior exchange notes due
2018
Read more
UPDATE 1-Central banks confirm formed task force on payments fraud
NEW YORK, Sept 16 (Reuters) - A committee of the world's
major central banks said on Friday it has launched a task force
to examine cyber security in cross-border banking and to ensure
interbank...
Read more
major central banks said on Friday it has launched a task force
to examine cyber security in cross-border banking and to ensure
interbank...
Read more
Bayer in $66 bln bet that farmers will back linked-up supplies
FRANKFURT, Sept 16 (Reuters) - Bayer's $66
billion purchase of Monsanto amounts to a long-term bet
that farmers will grow to trust combinations of seeds and
pesticides rather than continue to pick...
Read more
billion purchase of Monsanto amounts to a long-term bet
that farmers will grow to trust combinations of seeds and
pesticides rather than continue to pick...
Read more
U.S. muni bond market grows to $3.826 trln in Q2-Federal Reserve
Sept 16 (Reuters) - The U.S. municipal bond market grew to
$3.826 trillion in the second quarter of 2016 from $3.797
trillion in the first quarter, according to a quarterly report
from the Federal...
Read more
$3.826 trillion in the second quarter of 2016 from $3.797
trillion in the first quarter, according to a quarterly report
from the Federal...
Read more
BRIEF-S&P affirms ratings on Portugal at'BB+/B'; Outlook stable
* S&P - Despite economic growth during 2014-2015, we expect
real GDP growth in Portugal to weaken to about 1.2% in 2016
Read more
real GDP growth in Portugal to weaken to about 1.2% in 2016
Read more
BRIEF-Route1 announces normal course issuer bid
* Route1 Inc -to repurchase on exchange up to 17.6 million
common shares in total, being about 5% of outstanding common
shares
Read more
common shares in total, being about 5% of outstanding common
shares
Read more
Obama enlists Republican Kasich to press for TPP passage
WASHINGTON, Sept 16 (Reuters) - U.S. President Barack Obama
on Friday engaged Ohio Governor John Kasich, a high-profile
political foe, to help press Republicans to approve the
12-nation Trans-Pacific...
Read more
on Friday engaged Ohio Governor John Kasich, a high-profile
political foe, to help press Republicans to approve the
12-nation Trans-Pacific...
Read more
Duration risk unlikely to dampen long bond issuance
NEW YORK, Sept 16 (IFR) - The yield on the 30-year Treasury
jumped 24bp this week as investors fretted over a possible US
rate hike and the perception that global central banks might
change tack on...
Read more
jumped 24bp this week as investors fretted over a possible US
rate hike and the perception that global central banks might
change tack on...
Read more
WRAPUP 1-Rising rents, healthcare costs boost U.S. consumer prices
WASHINGTON, Sept 16 (Reuters) - U.S. consumer prices
increased more than expected in August as rising rents and
healthcare costs offset a drop in gasoline prices, pointing to a
steady build-up of...
Read more
increased more than expected in August as rising rents and
healthcare costs offset a drop in gasoline prices, pointing to a
steady build-up of...
Read more
BRIEF-Unity Bancorp files for mixed shelf of up to $50 million - SEC filing
* Files for mixed shelf of up to $50 million - sec filing
Source text http://bit.ly/2ctM6Xn
Further company coverage:
Read more
Source text http://bit.ly/2ctM6Xn
Further company coverage:
Read more
U.S. rate rises reduce room for Brazil to lower FX swaps -cenbank
BRASILIA, Sept 16 (Reuters) - An impending increase in U.S.
interest rates has reduced the scope for the Brazilian central
bank to lower its stock of currency swaps, used to smooth over
volatility in...
Read more
interest rates has reduced the scope for the Brazilian central
bank to lower its stock of currency swaps, used to smooth over
volatility in...
Read more
BRIEF-Immune Pharmaceuticals signs agreement to fund Maxim Pharmaceuticals
* Following funding, co will expand board of directors of
Maxim, to five members which will include one NPT
representative, a newly hired CEO of Maxim
Read more
Maxim, to five members which will include one NPT
representative, a newly hired CEO of Maxim
Read more
Wells Fargo faces scrutiny over lack of sales scandal disclosure
NEW YORK, Sept 16 (Reuters) - A phantom account scandal at
Wells Fargo & Co has put the U.S. bank's disclosure
policies under a harsh spotlight.
Read more
Wells Fargo & Co has put the U.S. bank's disclosure
policies under a harsh spotlight.
Read more
UPDATE 1-Nigerian inflation rises to 17.6 percent in August
LAGOS, Sept 16 (Reuters) - Annual inflation in Nigeria
accelerated to 17.6 percent in August, a fresh 11-year high and
the seventh monthly increase in a row, as the crisis in Africa's
biggest economy...
Read more
accelerated to 17.6 percent in August, a fresh 11-year high and
the seventh monthly increase in a row, as the crisis in Africa's
biggest economy...
Read more
UPDATE 2-Novo plans larger study after encouraging semaglutide results
COPENHAGEN, Sept 16 (Reuters) - Novo Nordisk's
experimental injectable diabetes drug semaglutide reduced
cardiovascular risk by 26 percent, according to results released
on Friday, paving the way...
Read more
experimental injectable diabetes drug semaglutide reduced
cardiovascular risk by 26 percent, according to results released
on Friday, paving the way...
Read more
Samsung Elec says to restart Galaxy Note 7 sales in S.Korea on Sept 28
SEOUL, Sept 16 (Reuters) - Samsung Electronics Co Ltd
said on Friday it will resume selling new Galaxy
Note 7 smartphones to customers in South Korea starting on Sept.
28, as the firm seeks to limit...
Read more
said on Friday it will resume selling new Galaxy
Note 7 smartphones to customers in South Korea starting on Sept.
28, as the firm seeks to limit...
Read more
European shares head for worst week in three months, Deutsche Bank slumps
LONDON, Sept 16 (Reuters) - European shares slipped on
Friday and headed for their worst weekly performance in three
months, with Deutsche Bank dragging financial services down
after it said the U.S....
Read more
Friday and headed for their worst weekly performance in three
months, with Deutsche Bank dragging financial services down
after it said the U.S....
Read more
ECB's Villeroy sees cross-border bank mergers after regulations settle
PARIS, Sept 16 (Reuters) - Europe's banking sector will be
ripe for consolidation once international bank regulations
currently being thrashed out are finalised, ECB governing
council member Francois...
Read more
ripe for consolidation once international bank regulations
currently being thrashed out are finalised, ECB governing
council member Francois...
Read more
Portugal's bonds reel from worst day since Brexit
LONDON, Sept 16 (Reuters) - Portuguese bonds reeled from
their worst day since June on Friday, before a ratings review
that will serve as a prelude for a more crucial test of the
country's...
Read more
their worst day since June on Friday, before a ratings review
that will serve as a prelude for a more crucial test of the
country's...
Read more
BRIEF-Telenor sells 142.5 mln Vimpelcom shares at a price of $3.5 per share
* Vimpelcom ltd. announces pricing of 142,500,000 ADSs
(American Depositary Shares) by selling shareholder Telenor east
holding II AS
Read more
(American Depositary Shares) by selling shareholder Telenor east
holding II AS
Read more
Belgian brewery's pipe dream brings relief to medieval Bruges
BRUGES, Belgium, Sept 16 (Reuters) - A Belgian brewery is
turning on the taps of a pipeline buried beneath the medieval
city of Bruges to transport its beer to a bottling plant some 3
km (2 miles)...
Read more
turning on the taps of a pipeline buried beneath the medieval
city of Bruges to transport its beer to a bottling plant some 3
km (2 miles)...
Read more
Thursday, September 15, 2016
BRIEF-Telenor: $1 bln bond exchangeable to Vimpelcom shares at a 40 per cent premium of public offering price of $3.5 per ads
* Telenor ASA today announces the pricing of its USD
1,000,000,000, 3-year bond exchangeable for up to 204,081,633
VimpelCom ADSs
Read more
1,000,000,000, 3-year bond exchangeable for up to 204,081,633
VimpelCom ADSs
Read more
UPDATE 1-UK Stocks-Factors to watch on Sept 16
Sept 16 (Reuters) - Britain's FTSE 100 index is seen opening down
about 6 points, or as much as 0.09 percent, on Friday, according to financial
bookmakers, with futures down 0.1 percent ahead of the...
Read more
about 6 points, or as much as 0.09 percent, on Friday, according to financial
bookmakers, with futures down 0.1 percent ahead of the...
Read more
Swiss stocks - Factors to watch on Sept 16
ZURICH, Sept 16 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Friday:
Read more
factors that may affect Swiss stocks on Friday:
Read more
UPDATE 1- Fans cheer, but Asia gives iPhone 7 subdued welcome
SHANGHAI/SYDNEY, Sept 16 (Reuters) - Apple Inc fans
from Sydney to Shanghai, the first customers worldwide to snap
the new iPhone 7 off the shelves, cheered as they left stores on
Friday brandishing...
Read more
from Sydney to Shanghai, the first customers worldwide to snap
the new iPhone 7 off the shelves, cheered as they left stores on
Friday brandishing...
Read more
Nikkei edges up after Wall Street rises; Apple suppliers outperform
TOKYO, Sept 16 (Reuters) - Japanese stocks edged up on
Friday morning after U.S. shares rose, while Apple-related
stocks outperformed after the iPhone maker said initial
quantities of the iPhone 7...
Read more
Friday morning after U.S. shares rose, while Apple-related
stocks outperformed after the iPhone maker said initial
quantities of the iPhone 7...
Read more
REFILE-Twitter abuzz as live-video test of Thursday Night Football nears
NEW YORK, Sept 15 (Reuters) - Social media users were buzzing on Thursday as Twitter Inc prepared for its first broadcast of a National Football League game, a match up between the New York Jets and...
Read more
Read more
BRIEF-Oragenics, Koski Family Limited partnership enters into amendment to June 30, 2016 unsecured promissory note
* Co and Koski Family Limited partnership entered into an
amendment to June 30, 2016 unsecured promissory note - SEC
filing
Read more
amendment to June 30, 2016 unsecured promissory note - SEC
filing
Read more
BRIEF-Claire's Stores Q2 sales falls 8.8 pct to $317.2 mln
* Claire's Stores Inc elects to delay interest payments and
enter 30-day grace period; provides update on exchange offer and
refinancing; reports fiscal 2016 2nd quarter results; 3rd...
Read more
enter 30-day grace period; provides update on exchange offer and
refinancing; reports fiscal 2016 2nd quarter results; 3rd...
Read more
UPDATE 1-Top U.S. bank regulator says Wells Fargo case shows sales risks
CAMBRIDGE, Mass., Sept 15 (Reuters) - The U.S. Comptroller
of the Currency said a recent case against Wells Fargo & Co
concerning phantom accounts highlights the risks other
banks face in their...
Read more
of the Currency said a recent case against Wells Fargo & Co
concerning phantom accounts highlights the risks other
banks face in their...
Read more
PRESS DIGEST- Financial Times - Sept 16
Sept 15 (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
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Deutsche Bank says U.S. DoJ asks it to pay $14 bln to settle mortgages case
FRANKFURT, Sept 16 (Reuters) - The U.S. Department of
Justice is asking Deutsche Bank to pay $14 billion to
settle an investigation into its selling of mortgage-backed
securities, Germany's flagship...
Read more
Justice is asking Deutsche Bank to pay $14 billion to
settle an investigation into its selling of mortgage-backed
securities, Germany's flagship...
Read more
BRIEF-Partners Value reports commencement of normal course issuer bid
* Received approval to purchase up to 7.4 million of its
non-voting equity limited partnership units
Read more
non-voting equity limited partnership units
Read more
Activist Naylor calls on Wells Fargo to study breakup
BOSTON, Sept 15 (Reuters) - Activist investor Bart Naylor
said on Thursday he has filed a shareholder resolution calling
on Wells Fargo & Co to study breaking up its business in
the wake of a fake...
Read more
said on Thursday he has filed a shareholder resolution calling
on Wells Fargo & Co to study breaking up its business in
the wake of a fake...
Read more
UPDATE 2-Colonial delays gasoline pipeline restart to next week after leak
NEW YORK, Sept 15 (Reuters) - Colonial Pipeline Co, operator
of the country's largest refined products system, said on
Thursday it delayed the full restart of its main gasoline line
to next week...
Read more
of the country's largest refined products system, said on
Thursday it delayed the full restart of its main gasoline line
to next week...
Read more
German banks count cost of global shipping crisis
LONDON/FRANKFURT, Sept 15 (Reuters) - German banks are
struggling to recoup tens of billions of dollars of loans as a
global shipping industry slump hits them hard.
Read more
struggling to recoup tens of billions of dollars of loans as a
global shipping industry slump hits them hard.
Read more
Baidu receives approval from California DMV to test self-driving cars
SAN FRANCISCO, Sept 15 (Reuters) - China-based internet
company Baidu has received a permit to test its
self-driving cars in California from the state's Department of
Motor Vehicles, as the race to...
Read more
company Baidu has received a permit to test its
self-driving cars in California from the state's Department of
Motor Vehicles, as the race to...
Read more
Mexico's peso hits record low as U.S. election tightens
MEXICO CITY, Sept 15 (Reuters) - Mexico's peso is likely to
continue to plumb record lows as the U.S. presidential election
nears, leaving local authorities with few options after
intervention and...
Read more
continue to plumb record lows as the U.S. presidential election
nears, leaving local authorities with few options after
intervention and...
Read more
UPDATE 1-Brazil watching impact of scandal on banks, worries persist
SAO PAULO/BRASILIA, Sept 15 (Reuters) - The impact of
Brazil's biggest corruption scandal on bank balance sheets still
requires attention from policymakers even though the risk to the
sector is...
Read more
Brazil's biggest corruption scandal on bank balance sheets still
requires attention from policymakers even though the risk to the
sector is...
Read more
RPT-Noble Midstream Partners prices IPO at $22.50/shr, above indicated range - source
Sept 14 (Reuters) - Noble Midstream Partners LP, a
wholly owned unit of Noble Energy Inc, priced its
initial public offering (IPO) above earlier expectations, a
source familiar with the matter said...
Read more
wholly owned unit of Noble Energy Inc, priced its
initial public offering (IPO) above earlier expectations, a
source familiar with the matter said...
Read more
In search of peace and prosperity, Ukraine faces uphill struggle
KIEV, Sept 15 (Reuters) - Ukraine feels its reform efforts
have been vindicated by the International Monetary Fund giving
it another tranche of aid worth $1 billion, but the country
still faces an...
Read more
have been vindicated by the International Monetary Fund giving
it another tranche of aid worth $1 billion, but the country
still faces an...
Read more
CFTC chair seeks to delay planned expansion of U.S. swap-dealer oversight
WASHINGTON, Sept 15 (Reuters) - Smaller swap-dealing firms
may get a one-year reprieve from oversight as the chairman of
the agency that regulates the U.S. derivatives market on
Thursday urged...
Read more
may get a one-year reprieve from oversight as the chairman of
the agency that regulates the U.S. derivatives market on
Thursday urged...
Read more
BRIEF-BofA credit card delinquency and charge-off rate for August
* Credit card delinquency rate 1.49 percent at August end
versus 1.48 percent at July end - sec filing
Read more
versus 1.48 percent at July end - sec filing
Read more
Farmers must have choice post Bayer-Monsanto merger - EU's Vestager
PARIS, Sept 15 (Reuters) - European Union anti-trust chief
Margrethe Vestager said on Thursday that farmers must continue
to have a choice when buying seeds and pesticides after the
merger between...
Read more
Margrethe Vestager said on Thursday that farmers must continue
to have a choice when buying seeds and pesticides after the
merger between...
Read more
BRIEF-Teva launches authorized generic of Cubicin in the U.S.
* Teva strengthens injectables portfolio with the launch of
an authorized generic of Cubicin (Daptomycin for injection) in
the United States
Source text for Eikon:
Further company coverage:
Read more
an authorized generic of Cubicin (Daptomycin for injection) in
the United States
Source text for Eikon:
Further company coverage:
Read more
TREASURIES-Yield curve steepest since July after weak retail sales
* Yield curve steepest since July 1
* Prices briefly rally on weak retail sales data
* Traders reduce expectations of September rate hike
By Karen Brettell
NEW YORK, Sept 15...
Read more
* Prices briefly rally on weak retail sales data
* Traders reduce expectations of September rate hike
By Karen Brettell
NEW YORK, Sept 15...
Read more
BRIEF-KCG releases August 2016 trade volumes
* In market making, KCG averaged $24.1 billion dollar volume
traded, 3.7 billion shares traded, and 3.1 million trades per
day in U.S. Equities for August
Source text for Eikon:
Further company...
Read more
traded, 3.7 billion shares traded, and 3.1 million trades per
day in U.S. Equities for August
Source text for Eikon:
Further company...
Read more
BRIEF-Integrated Asset Management and IAM Private Debt Group announce $19 mln financing for Wolverine Group
* Integrated Asset Management Corp. and IAM private debt
group announce $19 million financing for Wolverine Group Inc.
Source text for Eikon:
Further company coverage:
Read more
group announce $19 million financing for Wolverine Group Inc.
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Epizyme earns $6 million from Glaxosmithkline for initiation of clinical development
* Earns $6 million milestone payment from Glaxosmithkline
for initiation of clinical development with first in-class PRMT5
inhibitor
Read more
for initiation of clinical development with first in-class PRMT5
inhibitor
Read more
RPT-Labels release cut-rate music streaming service amid shift to flexible pricing
Sept 14 (Reuters) - Two major record labels are rolling out
a low-priced music streaming service in the United Kingdom, a
rare foray by record companies directly into the field and
another sign the...
Read more
a low-priced music streaming service in the United Kingdom, a
rare foray by record companies directly into the field and
another sign the...
Read more
BRIEF-UK's CMA makes proposals to remedy provisional ICE/Trayport deal concerns
* UK's CMA announces proposal to remedy provisional SLC
identified by CMA in ICE/Trayport merger inquiry
Read more
identified by CMA in ICE/Trayport merger inquiry
Read more
BRIEF-Acacia Research unit awarded verdict of willful patent infringement in case against Apple
* Acacia subsidiary, CCE, awarded verdict of willful patent
infringement in case against Apple
Read more
infringement in case against Apple
Read more
EDF says UK go-ahead to Hinkley Point marks Europe nuclear relaunch
PARIS, Sept 15 (Reuters) - French utility EDF welcomed the
British government's decision to go ahead with plans to build a
$24 billion nuclear plant in southern England, which it said
came after the...
Read more
British government's decision to go ahead with plans to build a
$24 billion nuclear plant in southern England, which it said
came after the...
Read more
UPDATE 1-Bank of England likely to stick with rate cut signal despite Brexit bounce
* Retail sales only edge down in August after July surge
(Adds retail sales figures, John Lewis, Reuters poll)
Read more
(Adds retail sales figures, John Lewis, Reuters poll)
Read more
French finance minister applauds UK decision on Hinkley Point
PARIS, Sept 15 (Reuters) - The French government on Thursday
welcomed Britain's decision to approve the construction of a
nuclear plant at Hinkley Point in southern England by French
utility EDF.
Read more
welcomed Britain's decision to approve the construction of a
nuclear plant at Hinkley Point in southern England by French
utility EDF.
Read more
Ophir says two bidders in the fray for Fortuna contract
Sept 15 (Reuters) - Oil and natural gas producer Ophir
Energy Plc said on Thursday two consortia were bidding
for an engineering contract over the upstream portion of its
Fortuna Floating Liquefied...
Read more
Energy Plc said on Thursday two consortia were bidding
for an engineering contract over the upstream portion of its
Fortuna Floating Liquefied...
Read more
BRIEF-Ziggo says to offer 2.58 bln euro of notes notes due 2027
* Intention to offer, subject to market and other
conditions, eur 2.58 billion (equivalent) aggregate principal
amount of senior secured notes due 2027
Read more
conditions, eur 2.58 billion (equivalent) aggregate principal
amount of senior secured notes due 2027
Read more
Wednesday, September 14, 2016
United Airlines flight diverted after unspecified security concern
Sept 15 (Reuters) - A United Airlines flight from
Newark, New Jersey, to San Diego was diverted to Denver on
Wednesday because of an unspecified security concern, the
airline said.
Read more
Newark, New Jersey, to San Diego was diverted to Denver on
Wednesday because of an unspecified security concern, the
airline said.
Read more
UPDATE 1-Indian rupee falls on report a minister urges devaluation; finmin denies
MUMBAI/NEW DELHI, Sept 15 (Reuters) - The Indian rupee fell
abruptly on Thursday after a television channel reported that
the commerce ministry will propose a devaluation in the unit to
promote...
Read more
abruptly on Thursday after a television channel reported that
the commerce ministry will propose a devaluation in the unit to
promote...
Read more
Apple says initial quantities of iPhone 7 Plus sold out
Sept 14 (Reuters) - Initial quantities of the iPhone 7 Plus
have sold out globally as Apple Inc prepares to roll
out its new gadget in stores, the company said Wednesday.
Read more
have sold out globally as Apple Inc prepares to roll
out its new gadget in stores, the company said Wednesday.
Read more
Indian rupee falls report of ministry call for weaker rupee; finmin denies
MUMBAI, Sept 15 (Reuters) - The Indian rupee fell below 67
to the dollar on Thursday after a television channel reported
that the commerce ministry will propose a devaluation in the
unit to the...
Read more
to the dollar on Thursday after a television channel reported
that the commerce ministry will propose a devaluation in the
unit to the...
Read more
Morning News Call - India, September 15
To access the newsletter, click on the link:
http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_09152016.pdf
FACTORS TO WATCH
9:30 am: Farm Minister Radha...
Read more
http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_09152016.pdf
FACTORS TO WATCH
9:30 am: Farm Minister Radha...
Read more
PRESS DIGEST- British Business - Sept 15
The following are the top stories on the business pages of
British newspapers. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
British newspapers. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
BRIEF-Northern Power Systems reports second quarter 2016 results; completes required financial filings to remove failure to file cease trade order
* Northern Power Systems reports second quarter 2016
results; completes required financial filings to remove failure
to file cease trade order
Read more
results; completes required financial filings to remove failure
to file cease trade order
Read more
DIARY-Top Economic Events to Sept. 28
Political and general news
** This Diary is filed daily **
-------------------------------------------------------------
THURSDAY, SEPTEMBER 15
LONDON - Kenya-UK Trade and Investment...
Read more
** This Diary is filed daily **
-------------------------------------------------------------
THURSDAY, SEPTEMBER 15
LONDON - Kenya-UK Trade and Investment...
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DIARY-Emerging Markets Economic Events to Sept. 27
** This diary is filed daily **
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THURSDAY, SEPTEMBER 15
LONDON - Kenya-UK Trade and Investment Forum featuring Kenya
central bank...
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THURSDAY, SEPTEMBER 15
LONDON - Kenya-UK Trade and Investment Forum featuring Kenya
central bank...
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CORRECTED-California to end breeding of captive killer whales
SACRAMENTO, Calif., Sept 13 (Reuters) - California will no
longer allow the breeding of captive killer whales such as those
used in SeaWorld's famous "Shamu" shows under a measure signed
on Tuesday...
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longer allow the breeding of captive killer whales such as those
used in SeaWorld's famous "Shamu" shows under a measure signed
on Tuesday...
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BRIEF-MCBC Holdings announces pricing of follow-on offering
* Says offering of 4.00 million common shares priced at
$10.25per share
Source text for Eikon:
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$10.25per share
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BRIEF-CME reports launch of first-ever precious metals spread and ratio futures contracts
* Three new contracts include gold/silver ratio futures,
gold/platinum spread futures and platinum/palladium spread
futures
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gold/platinum spread futures and platinum/palladium spread
futures
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CME Group says to launch precious metals spread, ratio contracts
NEW YORK, Sept 14 (Reuters) - CME Group Inc
announced on Wednesday it is launching three new contracts to
begin trading on Oct. 24, pending review.
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announced on Wednesday it is launching three new contracts to
begin trading on Oct. 24, pending review.
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BRIEF-Aflac prices $700 million of senior notes
* Priced $300 million (par value) of fixed-rate, senior
notes due 2026 with a coupon of 2.875 pct
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notes due 2026 with a coupon of 2.875 pct
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US STOCKS SNAPSHOT-Wall St slips on rate jitters, oil slide; Apple surges
NEW YORK, Sept 14 (Reuters) - Wall Street fell on Wednesday
as investors worried about future interest rate hikes and
cheaper oil dragged down energy shares, although Apple surged to
its highest...
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as investors worried about future interest rate hikes and
cheaper oil dragged down energy shares, although Apple surged to
its highest...
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BRIEF-NAV Canada says traffic increased by an average of 6.4 pct in August
* Traffic in August 2016 increased by an average of 6.4 per
cent compared to same month in 2015.
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cent compared to same month in 2015.
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MOVES-BTIG hires Domingo Alonso as managing director
Sept 14 (Reuters) - Brokerage service provider BTIG LLC
appointed Domingo Alonso as managing director.
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appointed Domingo Alonso as managing director.
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Spectrum bladder cancer drug not effective - U.S. FDA panel
Sept 14 (Reuters) - Spectrum Pharmaceuticals Inc's
experimental bladder cancer treatment apaziquone is not
effective in delaying the time to recurrence of the disease, an
advisory committee to the...
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experimental bladder cancer treatment apaziquone is not
effective in delaying the time to recurrence of the disease, an
advisory committee to the...
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Automated trading could work against investors -U.S. SEC chief
WASHINGTON, Sept 14 (Reuters) - The chair of the U.S.
Securities and Exchange Commission on Wednesday raised concerns
that automated trading could hurt some investors, and laid out
the regulator's...
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Securities and Exchange Commission on Wednesday raised concerns
that automated trading could hurt some investors, and laid out
the regulator's...
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BRIEF-United Development Funding IV says Nasdaq hearings panel grants extension of exception for continued listing
* United development funding iv says nasdaq hearings panel
grants extension of exception for continued listing of shares
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grants extension of exception for continued listing of shares
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Boeing CEO says 777 output may be cut further if sales lag endures
NEW YORK, Sept 14 (Reuters) - Boeing Co's production
of 777 jets may be cut further than projected if sales lag this
year, the company's chief executive said on Wednesday.
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of 777 jets may be cut further than projected if sales lag this
year, the company's chief executive said on Wednesday.
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Sapphire Ventures closes $1 billion fund to back startups
SAN FRANCISCO, Sept 14 (Reuters) - Venture capital firm
Sapphire Ventures has closed a $1 billion fund to invest in
technology startups, becoming the latest investment firm to join
a record-breaking...
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Sapphire Ventures has closed a $1 billion fund to invest in
technology startups, becoming the latest investment firm to join
a record-breaking...
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UPDATE 1-Tesla says it is investigating cause of fatal China crash
Sept 14 (Reuters) - Tesla Motors Inc is
investigating the cause of a fatal crash in China involving one
of its vehicles, but has "no way of knowing" if its
semi-automated Autopilot system was engaged...
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investigating the cause of a fatal crash in China involving one
of its vehicles, but has "no way of knowing" if its
semi-automated Autopilot system was engaged...
Read more
BRIEF-CSG Systems adjusts convertible debt conversion rate for 2010 convertible notes
* CSG Systems adjusts convertible debt conversion rate for
2010 convertible notes as a result of dividend
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2010 convertible notes as a result of dividend
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BRIEF-JPMorgan Chase signs Best Buy to accept Chase Pay
* Signed a multiyear agreement for Best Buy to accept Chase
Pay in its stores, on bestbuy.com and in Best Buy app
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Pay in its stores, on bestbuy.com and in Best Buy app
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Former Barclays FX trader sues for unfair dismissal
LONDON, Sept 14 (IFR) - A former Barclays foreign exchange
trader is suing the British bank for unfair dismissal at a
London employment tribunal, after several successful claims by
traders fired by...
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trader is suing the British bank for unfair dismissal at a
London employment tribunal, after several successful claims by
traders fired by...
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CANADA STOCKS-TSX rises with miners; energy stocks drag with lower oil
TORONTO, Sept 14 (Reuters) - Canada's main stock index made
a small gain in Wednesday morning trading as mining stocks
rebounded, while a further slide in oil prices weighed on shares
of energy...
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a small gain in Wednesday morning trading as mining stocks
rebounded, while a further slide in oil prices weighed on shares
of energy...
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BRIEF-Crystal Rock Holdings Q3 earnings $0.03/shr
* Crystal Rock Holdings, Inc. announces financial results
for its fiscal third quarter and nine months ended July 31, 2016
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for its fiscal third quarter and nine months ended July 31, 2016
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BRIEF-Advantage Lithium to acquire Stella Marys Project
* Advantage Lithium to acquire Stella Marys project in
Argentina's "lithium triangle"
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Argentina's "lithium triangle"
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BRIEF-Ford expects total co results decline in 2017, as co invests in emerging opportunities
* Ford outlines growth plan: fortify profit pillars;
transform underperforming operations; invest in emerging
opportunities to be a leader in electrification, autonomy and
mobility
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transform underperforming operations; invest in emerging
opportunities to be a leader in electrification, autonomy and
mobility
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UPDATE 3-Bayer clinches Monsanto with improved $66 billion bid
* Bayer says expects deal to close by end-2017
(Adds confirmation, analyst, details, updates shares)
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(Adds confirmation, analyst, details, updates shares)
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Ford charts cautious path toward self-driving, shared vehicles
DETROIT, Sept 14 (Reuters) - Ford Motor Co Chief
Executive Mark Fields is looking for more deals to advance the
automaker's expansion into ride services and autonomous
vehicles, but will not rush to...
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Executive Mark Fields is looking for more deals to advance the
automaker's expansion into ride services and autonomous
vehicles, but will not rush to...
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China clean energy generators face $9 bln subsidy shortfall -official
BEIJING/SHANGHAI, Sept 14 (Reuters) - China is struggling to
pay billions of yuan in subsidies to renewable power generators
following a rapid expansion of capacity, a planning agency
official said...
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pay billions of yuan in subsidies to renewable power generators
following a rapid expansion of capacity, a planning agency
official said...
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Asterias stem cell therapy shows promise in spinal cord paralysis -U.S. study
NEW YORK, Sept 14 (Reuters) - An experimental stem cell
therapy developed by Asterias Biotherapeutics restored
some movement to patients paralyzed by recent spinal cord
injuries, according to interim...
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therapy developed by Asterias Biotherapeutics restored
some movement to patients paralyzed by recent spinal cord
injuries, according to interim...
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UPDATE 1-China's August central bank forex sales hit highest in 6 months
(Adds details)
BEIJING, Sept 14 (Reuters) - Net foreign exchange sales by
China's central bank in August were the highest in six months as
the bank sought to support the yuan, official data...
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BEIJING, Sept 14 (Reuters) - Net foreign exchange sales by
China's central bank in August were the highest in six months as
the bank sought to support the yuan, official data...
Read more
BRIEF-Ant Financial buys EyeVerify to boost trust, security, and convenience of mobile financial transaction - Statement
* Ant Financial acquires EyeVerify to boost trust, security,
and convenience of mobile financial transaction - Statement
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and convenience of mobile financial transaction - Statement
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UPDATE 1-Swiss Alzheimer's biotech AC Immune eyes $700 mln IPO valuation
Sept 14 (Reuters) - AC Immune, the Swiss biotech company
working on treatments for Alzheimer's disease, has set the
pricing band for its keenly awaited U.S. initial public
offering, valuing the firm...
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working on treatments for Alzheimer's disease, has set the
pricing band for its keenly awaited U.S. initial public
offering, valuing the firm...
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UPDATE 1-Kazakhstan says awaiting answers from oil firms in Karachaganak dispute
ASTANA, Sept 14 (Reuters) - Kazakhstan's government and
energy companies developing the Karachaganak gas condensate
field are still in talks about the Central Asian nation's
financial claim against...
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energy companies developing the Karachaganak gas condensate
field are still in talks about the Central Asian nation's
financial claim against...
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Tuesday, September 13, 2016
UPDATE 1-UK Stocks-Factors to watch on Sept. 14
Sept 14 (Reuters) - Britain's FTSE 100 index is seen opening up 23
to 25 points on Wednesday, or 0.3-0.4 percent, according to financial
bookmakers, with futures up 0.3 percent ahead of the cash...
Read more
to 25 points on Wednesday, or 0.3-0.4 percent, according to financial
bookmakers, with futures up 0.3 percent ahead of the cash...
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German stocks - Factors to watch on September 14
FRANKFURT, Sept 14 (Reuters) - The DAX top-30 index
looked set to open 0.4 percent higher on Wednesday, according to
premarket data from brokerage Lang & Schwarz at 0615 GMT.
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looked set to open 0.4 percent higher on Wednesday, according to
premarket data from brokerage Lang & Schwarz at 0615 GMT.
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BRIEF-Exelixis says European commission approves Cabometyx
* European Commission approves Cabometyx tablets for the
treatment of advanced renal cell carcinoma following
VEGF-targeted therapy
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treatment of advanced renal cell carcinoma following
VEGF-targeted therapy
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PRESS DIGEST - Wall Street Journal - Sept 14
Sept 14 (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.
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Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
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Colorado's civil litigation over movie theater massacre ends
DENVER, Sept 13 (Reuters) - The movie theater chain that
owns a Colorado cinema where 12 people were killed in a 2012
shooting spree will not pursue $700,000 in legal costs the
company incurred...
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owns a Colorado cinema where 12 people were killed in a 2012
shooting spree will not pursue $700,000 in legal costs the
company incurred...
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Morning News Call - India, September 14
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_09142016.pdf
FACTORS TO WATCH
9:45 am: Finance Minister Arun...
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FACTORS TO WATCH
9:45 am: Finance Minister Arun...
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Ghana president outlines policy plans ahead of December election
ACCRA, Sept 14 (Reuters) - Ghanaian President John Mahama
outlined on Tuesday the ruling party's plans for the next four
years in a bid to establish policy credibility ahead of what is
expected to be...
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outlined on Tuesday the ruling party's plans for the next four
years in a bid to establish policy credibility ahead of what is
expected to be...
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PRESS DIGEST- British Business - Sept 14
Sept 14 - The following are the top stories on the business
pages of British newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
pages of British newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
Swiss biotech AC Immune sets IPO pricing range
Sept 13 (Reuters) - AC Immune SA on Tuesday set the pricing
range for its keenly awaited U.S. initial public offering,
valuing the Swiss biotech firm at about $700 million at the top
end of the range.
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range for its keenly awaited U.S. initial public offering,
valuing the Swiss biotech firm at about $700 million at the top
end of the range.
Read more
UPDATE 1-Icahn says Trump better for U.S. economy than Clinton
NEW YORK, Sept 13 (Reuters) - Billionaire investor Carl
Icahn continued to throw his support behind the Republican U.S.
presidential candidate on Tuesday, saying Donald Trump would
reduce the...
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Icahn continued to throw his support behind the Republican U.S.
presidential candidate on Tuesday, saying Donald Trump would
reduce the...
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UPDATE 1-U.S. House panel okays Dodd-Frank revamp amid partisan rancor
WASHINGTON, Sept 13 (Reuters) - A U.S. House of
Representatives panel on Tuesday approved a proposal to revamp
the Dodd-Frank Wall Street reform law, after a hearing where
lawmakers verbally tussled...
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Representatives panel on Tuesday approved a proposal to revamp
the Dodd-Frank Wall Street reform law, after a hearing where
lawmakers verbally tussled...
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BRIEF-Ternium says Usiminas reported completion of its debt restructuring process
* Usiminas announced that it entered into definitive
agreements to refinance approximately 92% of company's total
indebtedness
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agreements to refinance approximately 92% of company's total
indebtedness
Source text for Eikon:
Further company coverage:
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U.S. probe: excessive thrust to blame in 2015 Delta runway accident
Sept 13 (Reuters) - The U.S. National Transportation Safety
Board on Tuesday faulted a Delta Air Lines pilot in a
March 2015 incident in which a Boeing MD-88 veered off the
runway at New York's...
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Board on Tuesday faulted a Delta Air Lines pilot in a
March 2015 incident in which a Boeing MD-88 veered off the
runway at New York's...
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Pemex says discovers 6 new crude deposits in Gulf of Mexico
MEXICO CITY, Sept 13 (Reuters) - Mexico's state oil company
Pemex said on Tuesday it had discovered six new deposits in the
Gulf of Mexico, two of super light crude in deep waters, and
four of light...
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Pemex said on Tuesday it had discovered six new deposits in the
Gulf of Mexico, two of super light crude in deep waters, and
four of light...
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UPDATE 2-U.S. Congress dives into Wells Fargo case, panel to hold hearing
WASHINGTON, Sept 13 (Reuters) - Wells Fargo's
practices of putting customers into fake accounts, which last
week led the U.S. government to fine it $190 million, took
center stage in Congress on...
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practices of putting customers into fake accounts, which last
week led the U.S. government to fine it $190 million, took
center stage in Congress on...
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Investors reluctant to back Monte Paschi's cash call
LONDON, Sept 13 (Reuters) - Investors are reluctant to back
Monte dei Paschi di Siena's bid to raise billions of
euros, leading fund managers and a source with knowledge of the
matter told Reuters,...
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Monte dei Paschi di Siena's bid to raise billions of
euros, leading fund managers and a source with knowledge of the
matter told Reuters,...
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UPDATE 2-New York issues cyber regulations for banks, insurers
Sept 13 (Reuters) - New York Governor Andrew Cuomo on
Tuesday issued long-anticipated proposed cyber security
regulations for banks and insurers in the state, the first of
their kind in the United...
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Tuesday issued long-anticipated proposed cyber security
regulations for banks and insurers in the state, the first of
their kind in the United...
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Short-seller Chanos calls Tesla-SolarCity merger 'crazy' - CNBC conference
NEW YORK, Sept 13 (Reuters) - The prominent short-seller Jim
Chanos, founder of Kynikos Associates, called the proposed
merger of Tesla Motors Inc and SolarCity Corp
"crazy," noting that the...
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Chanos, founder of Kynikos Associates, called the proposed
merger of Tesla Motors Inc and SolarCity Corp
"crazy," noting that the...
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Global bond yields to rise as investors see fiscal expansion on horizon - Gundlach
TOKYO, Sept 14 (Reuters) - The long-term decline in global
bond yields is over and investors are watching out for a likely
fiscal expansion in the world's major economies where monetary
stimulus has...
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bond yields is over and investors are watching out for a likely
fiscal expansion in the world's major economies where monetary
stimulus has...
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Democrats seek U.S. House investigation of Wells Fargo case
WASHINGTON, Sept 13 (Reuters) - Democrats on the U.S. House
Financial Services Committee are calling for an investigation
into Wells Fargo's practices of putting customers into
fake accounts, which...
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Financial Services Committee are calling for an investigation
into Wells Fargo's practices of putting customers into
fake accounts, which...
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BRIEF-iLOOKabout names Laurence Rose as Chief Executive Officer
* iLOOKabout corp says Board of Directors has appointed
Laurence Rose as Chief Executive Officer
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Laurence Rose as Chief Executive Officer
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BRIEF-Colfax - Sees "more difficult" North America welding market in Q3
* Colfax Corp says major project order wins of about $100
million in the quarter supporting G&FH orders growth in 2H
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million in the quarter supporting G&FH orders growth in 2H
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MONEY MARKETS-Dollar Libor falls after remarks by Fed's Brainard
NEW YORK, Sept 13 (Reuters) - A gauge on what banks charge
each other to borrow dollars for three months fell on Tuesday
from its highest level in more than seven years, following
remarks by Federal...
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each other to borrow dollars for three months fell on Tuesday
from its highest level in more than seven years, following
remarks by Federal...
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UPDATE 1-Monte Paschi's touted new CEO in Frankfurt to meet ECB - source
MILAN, Sept 13 (Reuters) - Marco Morelli, the frontrunner to
take over the helm at troubled Italian lender Banca Monte dei
Paschi di Siena, was in Frankfurt on Tuesday to meet
regulators at the...
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take over the helm at troubled Italian lender Banca Monte dei
Paschi di Siena, was in Frankfurt on Tuesday to meet
regulators at the...
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BRIEF-Fifth Third Bancorp identifies 44 additional branch locations
* Identified 44 additional branch locations, 5 parcels of
undeveloped land that it plans to consolidate or sell - SEC
filing
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undeveloped land that it plans to consolidate or sell - SEC
filing
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UPDATE 2-Uncertainty clouds German investor morale
BERLIN, Sept 13 (Reuters) - The mood among German analysts
and investors was unexpectedly subdued in September, a survey
showed, suggesting the outlook for Europe's biggest economy
remains tinged...
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and investors was unexpectedly subdued in September, a survey
showed, suggesting the outlook for Europe's biggest economy
remains tinged...
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TABLE-British M&A chilled since Brexit, data shows
LONDON, Sept 13 (Reuters) - The following table shows M&A
data for the UK since the June 23 EU referendum. The data was
compiled by Thomson Reuters.
For a story on the data, click on
UK...
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data for the UK since the June 23 EU referendum. The data was
compiled by Thomson Reuters.
For a story on the data, click on
UK...
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RPT-INSIGHT-Brexit chills M&A activity despite some big deals, data shows
LONDON, Sept 13 (Reuters) - Britain's shock vote to leave
the European Union chilled dealmaking activity involving British
companies to the lowest level in at least two decades as bosses
grapple with...
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the European Union chilled dealmaking activity involving British
companies to the lowest level in at least two decades as bosses
grapple with...
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UPDATE 1-U.S. hedge fund Elliot Management ups Arcam stake, share rises
* U.S. hedge fund Elliot Management has raised its stake in
Swedish 3D printer maker Arcam to 6.6 percent of
shares and votes, through its investment vehicle Elliot Capital
Advisors, L.P., a filing...
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Swedish 3D printer maker Arcam to 6.6 percent of
shares and votes, through its investment vehicle Elliot Capital
Advisors, L.P., a filing...
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Germany arrests three Syrians suspected of IS involvement
BERLIN, Sept 13 (Reuters) - German police have arrested
three Syrian nationals in the northern state of
Schleswig-Holstein suspected of being sent to Germany by the
militant Islamic State group,...
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three Syrian nationals in the northern state of
Schleswig-Holstein suspected of being sent to Germany by the
militant Islamic State group,...
Read more
European shares rise to end three-day losing streak
LONDON, Sept 13 (Reuters) - European shares rose on Tuesday
to end a three-day losing streak, as dovish comments from U.S.
Federal Reserve official Lael Brainard buoyed equity markets.
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to end a three-day losing streak, as dovish comments from U.S.
Federal Reserve official Lael Brainard buoyed equity markets.
Read more
South Korea says tough luck to Hanjin as shipping line sinks
SEOUL, Sept 13 (Reuters) - The South Korean government, long
a bastion of support for the country's big conglomerates, is
sticking to its hard-line stance on Hanjin Shipping Co Ltd
, whose collapse...
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a bastion of support for the country's big conglomerates, is
sticking to its hard-line stance on Hanjin Shipping Co Ltd
, whose collapse...
Read more
Monday, September 12, 2016
UPDATE 1-Hanjin Shipping secures $36 mln, more may take "considerable time"
* Ship held in Australia, others on the way face arrest -
sources
(Adds detail on vessels in Australia)
Read more
sources
(Adds detail on vessels in Australia)
Read more
Nikkei edges up but firm yen, pre-BOJ worries cap gains
TOKYO, Sept 13 (Reuters) - Japan's Nikkei share average
edged up in choppy trade on Tuesday, but the broader Topix ended
flat as a solid yen and worries about possible policy moves by
the central...
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edged up in choppy trade on Tuesday, but the broader Topix ended
flat as a solid yen and worries about possible policy moves by
the central...
Read more
European stock markets seen higher at open
LONDON, Sept 13 (Reuters) - European stock markets were seen
opening higher on Tuesday, according to pre-market calls from
financial bookmakers, in what would mark a rebound from three
straight days...
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opening higher on Tuesday, according to pre-market calls from
financial bookmakers, in what would mark a rebound from three
straight days...
Read more
Boeing says China to buy planes worth $1 trln over next 20 years
BEIJING, Sept 13 (Reuters) - Chinese airlines are likely to
purchase 6,810 planes worth $1.025 trillion in the next 20 years
as they expand fleets to cater to robust growth in domestic and
overseas...
Read more
purchase 6,810 planes worth $1.025 trillion in the next 20 years
as they expand fleets to cater to robust growth in domestic and
overseas...
Read more
BRIEF-VersaBank and PWC capital to merge
* Board of each of PWC and vb resolved to unanimously
recommend that their securityholders vote in favour of
transaction
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recommend that their securityholders vote in favour of
transaction
Read more
PRESS DIGEST- New York Times business news - Sept 13
Sept 13 (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
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
Nvidia shows off smaller artificial intelligence computer for Baidu car
Sept 12 (Reuters) - U.S. chipmaker Nvidia Corp
showed off on Monday a smaller and more efficient artificial
intelligence computer for self-driving cars, saying it would
power Baidu's mapping and...
Read more
showed off on Monday a smaller and more efficient artificial
intelligence computer for self-driving cars, saying it would
power Baidu's mapping and...
Read more
BRIEF-S&P places state of Rio De Janeiro's rating on creditwatch negative following missed debt service payment
* State of Rio De Janeiro 'CCC-' rating placed on
creditwatch negative following missed debt service payment
Read more
creditwatch negative following missed debt service payment
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UPDATE 2-Japan's Renesas pushes into autos with $3.2 bln Intersil buy
* Renesas beats US suitor Maxim Integrated Products
(Adds CEO comment, background, details on deal)
Read more
(Adds CEO comment, background, details on deal)
Read more
CORRECTED-China August investment growth steady, industrial output beats expectations
BEIJING, Sept 13 (Reuters) - China's fixed-asset investment
growth was unchanged at 8.1 percent in the January-August
period, slightly better than market expectations.
Read more
growth was unchanged at 8.1 percent in the January-August
period, slightly better than market expectations.
Read more
UPDATE 2-Obama asks U.S. insurers for help enrolling the young and healthy
Sept 12 (Reuters) - President Barack Obama on Monday urged
U.S. insurers offering coverage next year under his national
healthcare law to step up their efforts to enroll those who
remain uninsured,...
Read more
U.S. insurers offering coverage next year under his national
healthcare law to step up their efforts to enroll those who
remain uninsured,...
Read more
PRESS DIGEST- British Business - Sept 13
Sept 13 - The following are the top stories on the business
pages of British newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
pages of British newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
U.S. tech firms urge Congress to allow internet domain changeover
WASHINGTON, Sept 12 (Reuters) - Major technology companies
including Facebook, Google and Twitter
are urging Congress to support a plan for the U.S. government to
cede control of the internet's...
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including Facebook, Google and Twitter
are urging Congress to support a plan for the U.S. government to
cede control of the internet's...
Read more
UPDATE 1-UAW will support Unifor in talks with GM in Canada -UAW president
DETROIT, Sept 12 (Reuters) - United Auto Workers President
Dennis Williams said on Monday the U.S. union will support
Canada's unionized auto workers during contract talks with
General Motors Co but...
Read more
Dennis Williams said on Monday the U.S. union will support
Canada's unionized auto workers during contract talks with
General Motors Co but...
Read more
UPDATE 1-U.S. regulator sees no evidence of Wells Fargo sales problem at other banks
Sept 12 (Reuters) - There is probably no broader problem in
the U.S. banking industry over abusive sales practices, despite
the penalties imosed on Wells Fargo & Co's recently, the
head of a federal...
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the U.S. banking industry over abusive sales practices, despite
the penalties imosed on Wells Fargo & Co's recently, the
head of a federal...
Read more
Oprah to help Weight Watchers find new leader after CEO resigns
CHICAGO, Sept 12 (Reuters) - Weight Watchers International
Inc said its chief executive, James Chambers, will step
down at the end of September after three years on the job, and
board member Oprah...
Read more
Inc said its chief executive, James Chambers, will step
down at the end of September after three years on the job, and
board member Oprah...
Read more
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