July 1 (Reuters) - Britain's FTSE 100 index is seen opening up 35
points, or 0.5 percent higher on Friday, according to financial bookmakers, with
futures up 0.1 percent ahead of the cash market open.
Read more
Thursday, June 30, 2016
PRESS DIGEST- New York Times business news - July 1
July 1 (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
BRIEF-IMCD acquires US Mutchler Inc. and Mutchler of Puerto Rico Inc.
* Acquires US specialty pharmaceutical ingredient
distributor Mutchler Inc. and Mutchler Of Puerto Rico Inc.
Read more
distributor Mutchler Inc. and Mutchler Of Puerto Rico Inc.
Read more
UPDATE 4-Indonesian group to buy 82.2 pct of copper-gold miner for $2.6 bln
* Legal case may hamper Indonesians' plan to fully own NNT
(Adds Sumitomo's sale value, stocks rally, background)
Read more
(Adds Sumitomo's sale value, stocks rally, background)
Read more
UPDATE 3-U.S. opens investigation in Tesla after fatal crash in Autopilot mode
WASHINGTON, June 30 (Reuters) - A fatal accident in which
the driver of a Tesla Motors Inc Model S car operating
in Autopilot mode was killed in a collision with a truck has
prompted an investigation by federal highway safety regulators,
the U.S. government and Tesla disclosed on Thursday.
Read more
the driver of a Tesla Motors Inc Model S car operating
in Autopilot mode was killed in a collision with a truck has
prompted an investigation by federal highway safety regulators,
the U.S. government and Tesla disclosed on Thursday.
Read more
UPDATE 3-Six Williams Cos directors quit after failure to oust CEO -sources
June 30 (Reuters) - Six of Williams Cos Inc's
directors, including the pipeline company's chairman, resigned
on Thursday after a failed attempt to oust Chief Executive Alan
Armstrong, three sources familiar with the matter told Reuters.
Read more
directors, including the pipeline company's chairman, resigned
on Thursday after a failed attempt to oust Chief Executive Alan
Armstrong, three sources familiar with the matter told Reuters.
Read more
BRIEF-Sumitomo Corp: To get $350 mln for sale of stake in Indonesia copper-gold mine
* to get 36 billion yen ($350 million) for sale of entire
stake in Indonesia copper-gold mine
Read more
stake in Indonesia copper-gold mine
Read more
BRIEF-InspireMD announces pricing of public offering of approximately $14.6 mln
* Each share of series B convertible preferred stock is
convertible into 100 shares of common stock at price equal to
$0.33 per share
Read more
convertible into 100 shares of common stock at price equal to
$0.33 per share
Read more
BRIEF-Tesla provides credit facility update
* Canadian lender has extended availability of company's
demand credit facility in Canada to July 8, 2016
Read more
demand credit facility in Canada to July 8, 2016
Read more
Brazil court blocks Facebook funds over WhatsApp dispute -report
RIO DE JANEIRO, June 30 (Reuters) - A court in Brazil on
Thursday blocked 19.5 million reais ($6.07 million) in Facebook
Inc funds after the U.S-based social networking company's
WhatsApp messaging service failed to turn over messages sought
in a drugs case, the G1 news service said.
Read more
Thursday blocked 19.5 million reais ($6.07 million) in Facebook
Inc funds after the U.S-based social networking company's
WhatsApp messaging service failed to turn over messages sought
in a drugs case, the G1 news service said.
Read more
CORRECTED-Junk-bond market braces for slowdown in deals
NEW YORK, June 30 (IFR) - Leveraged finance bankers are
expecting a paltry second half in US high-yield as worries about
volatility, dwindling refinancing opportunities and a drought in
M&A keep a lid on new business.
Read more
expecting a paltry second half in US high-yield as worries about
volatility, dwindling refinancing opportunities and a drought in
M&A keep a lid on new business.
Read more
Illinois gun shop raffling rifle for Orlando victims
CHICAGO, June 30 (Reuters) - A suburban Chicago gun shop
said on Thursday it will raffle off a semi-automatic rifle to
benefit victims of the Orlando mass shooting despite backlash
because the weapon is similar to the one used in the massacre.
Read more
said on Thursday it will raffle off a semi-automatic rifle to
benefit victims of the Orlando mass shooting despite backlash
because the weapon is similar to the one used in the massacre.
Read more
UPDATE 4-Visa, MasterCard $7.25 bln settlement with retailers is thrown out
NEW YORK, June 30 (Reuters) - A federal appeals court on
Thursday threw out a $7.25 billion antitrust settlement reached
by Visa Inc and MasterCard Inc with millions of
retailers that accused the card networks of improperly fixing
credit and debit card fees.
Read more
Thursday threw out a $7.25 billion antitrust settlement reached
by Visa Inc and MasterCard Inc with millions of
retailers that accused the card networks of improperly fixing
credit and debit card fees.
Read more
BRIEF-ABC-Mart's sales likely rose 4% to around 66 bln yen for three months through May - Nikkei
* ABC-Mart Inc operating profit apparently grew 5% on the year to some 14
billion yen ($136 mln) for three months through May - Nikkei
Read more
billion yen ($136 mln) for three months through May - Nikkei
Read more
U.S. judge requests more information on Uber driver settlement
SAN FRANCISCO, June 30 (Reuters) - A U.S. judge on Thursday
said ride service Uber and its drivers have failed to
provide enough information for him to rule on a proposed
settlement in a lawsuit over driver benefits.
Read more
said ride service Uber and its drivers have failed to
provide enough information for him to rule on a proposed
settlement in a lawsuit over driver benefits.
Read more
UPDATE 1-Safran shortlists 5 bidders for Morpho -source
PARIS, June 30 (Reuters) - French aerospace group Safran
, which is selling its Morpho biometrics and security
business, has narrowed the field to a shortlist of five bidders
including digital security rivals Gemalto and Oberthur, a person
familiar with the matter said.
Read more
, which is selling its Morpho biometrics and security
business, has narrowed the field to a shortlist of five bidders
including digital security rivals Gemalto and Oberthur, a person
familiar with the matter said.
Read more
GRAINS-Bigger U.S. plantings push wheat to 6-year low, corn to 11-week low
* Traders watch for weather that could threaten U.S. crops
(Adds unofficial closing prices, analyst comment)
Read more
(Adds unofficial closing prices, analyst comment)
Read more
UPDATE 1-Dick's set to win auction for Sports Authority brand-sources
June 30 (Reuters) - Dick's Sporting Goods Inc, the
largest U.S. sporting goods retailer, is set to win the auction
for the intellectual property of bankrupt competitor Sports
Authority with a bid of $15 million, according to people
familiar with the matter.
Read more
largest U.S. sporting goods retailer, is set to win the auction
for the intellectual property of bankrupt competitor Sports
Authority with a bid of $15 million, according to people
familiar with the matter.
Read more
UPDATE 1-Canada court overturns federal approval of Enbridge oil pipeline
VANCOUVER, June 30 (Reuters) - Canada's Federal Court of
Appeal has overturned the approval of Enbridge Inc's
Northern Gateway pipeline, which would carry oil from the
Alberta oil sands to a port in northern British Columbia for
export.
Read more
Appeal has overturned the approval of Enbridge Inc's
Northern Gateway pipeline, which would carry oil from the
Alberta oil sands to a port in northern British Columbia for
export.
Read more
BRIEF-First of Long Island says files for mixed shelf of up to $150 mln
* Says files for mixed shelf of up to $150 million - SEC
filing
Source - http://1.usa.gov/2959HpM
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
filing
Source - http://1.usa.gov/2959HpM
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
REFILE-Google's Schmidt says Brexit vote unlikely to shift investment
PARIS, June 30 (Reuters) - Google boss Eric Schmidt said on
Thursday that Britain's referendum vote to leave the European
Union was unlikely to lead to a shift in the U.S. tech giant's
business activities.
Read more
Thursday that Britain's referendum vote to leave the European
Union was unlikely to lead to a shift in the U.S. tech giant's
business activities.
Read more
BRIEF-Fitch affirms Johnson & Johnson's IDR at 'AAA'; outlook stable
* Fitch affirms Johnson & Johnson's IDR at 'AAA'; outlook
stable
Source text for Eikon:
Further company coverage:
Read more
stable
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Transcontinental says acquired Robbie Manufacturing
* Acquired robbie manufacturing
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
IMF says 'Brexit' uncertainty to dampen growth outlook
WASHINGTON, June 30 (Reuters) - Uncertainty over Britain's
looming departure from the European Union will dampen near-term
economic growth for the UK and the rest of Europe and will also
affect output globally, a spokesman for the International
Monetary Fund said on Thursday.
Read more
looming departure from the European Union will dampen near-term
economic growth for the UK and the rest of Europe and will also
affect output globally, a spokesman for the International
Monetary Fund said on Thursday.
Read more
BRIEF-AMC Entertainment statement on Carmike meeting adjourned to July 15, 2016
* AMC statement on Carmike meeting being adjourned to July
15, 2016 at which Carmike shareholders will vote on the
AMC/Carmike merger transaction
Read more
15, 2016 at which Carmike shareholders will vote on the
AMC/Carmike merger transaction
Read more
BRIEF-Ruby Tuesday to unveil series of Tesla supercharger stations
* First station recently opened at a Ruby Tuesday in Miner,
MO, with more stations at other locations currently in planning
stages or under construction
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
MO, with more stations at other locations currently in planning
stages or under construction
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
UPDATE 2-Italy's UniCredit names Mustier as new CEO - sources
* Plans to sell assets, boost capital - source
(Adds detail on Mustier's plans, share price, Italian bank
stabilisation plan)
Read more
(Adds detail on Mustier's plans, share price, Italian bank
stabilisation plan)
Read more
CORRECTED-(OFFICIAL)-UPDATE 2-Norway oil wage talks begin as workers threaten strike
OSLO, June 30 (Reuters) - Energy companies and trade unions
in Norway began two-day wage talks on Thursday in a bid to avert
a strike that would cut output from Europe's largest oil
producer by six percent, the Norwegian Oil and Gas Association
(NOG) said.
Read more
in Norway began two-day wage talks on Thursday in a bid to avert
a strike that would cut output from Europe's largest oil
producer by six percent, the Norwegian Oil and Gas Association
(NOG) said.
Read more
CORRECTED-US STOCKS-Futures up for third day as Brexit nerves settle
June 30 (Reuters) - U.S. stock index futures rose for the
third straight day as investors looked beyond Brexit and focused
on impending economic data and quarterly earnings.
Read more
third straight day as investors looked beyond Brexit and focused
on impending economic data and quarterly earnings.
Read more
BRIEF-Microsemi says co reduced principal balance on term B loans by $364.3 mln
* Microsemi corp says company has reduced principal balance
on its term b loans by $364.3 million by syndicating a
corresponding amount of term a loans
Read more
on its term b loans by $364.3 million by syndicating a
corresponding amount of term a loans
Read more
BRIEF-Lindsay Corp Q3 EPS $0.90
* Lindsay Corp says backlog of unshipped orders at may 31,
2016 was $61.2 million compared with $53.2 million at may 31,
2015
Read more
2016 was $61.2 million compared with $53.2 million at may 31,
2015
Read more
REFILE-Spanish authorities raid Google offices over tax - source
MADRID, June 30 (Reuters) - Spanish officials raided
Google's Madrid offices on Thursday in a probe related to its
payment of taxes, a person familiar with the matter said, and
the internet company said it was cooperating with local
authorities.
Read more
Google's Madrid offices on Thursday in a probe related to its
payment of taxes, a person familiar with the matter said, and
the internet company said it was cooperating with local
authorities.
Read more
BRIEF-Torex Gold Resources announces date of share consolidation
* Common shares are expected to begin trading on a
consolidated basis on Toronto Stock Exchange when markets open
on July 5, 2016.
Read more
consolidated basis on Toronto Stock Exchange when markets open
on July 5, 2016.
Read more
UPDATE 2-Airbus, Safran finalise space launchers merger
PARIS, June 30 (Reuters) - Airbus Group and Safran
pledged on Thursday to make Europe competitive in the
face of U.S. low-cost rival SpaceX as they completed a deal to
merge their space launcher activities.
Read more
pledged on Thursday to make Europe competitive in the
face of U.S. low-cost rival SpaceX as they completed a deal to
merge their space launcher activities.
Read more
UPDATE 1-Top banker calls for clarity on British position on EU talks
* UK minister Baldwin says markets can cope with volatility
(Adds more detail, Baldwin, Flint)
Read more
(Adds more detail, Baldwin, Flint)
Read more
Brexit campaigner Andrea Leadsom to stand to be UK Conservative Party leader
LONDON, June 30 (Reuters) - British lawmaker Andrea Leadsom,
a prominent campaigner for Britain to leave the European Union,
said on Thursday she would be standing as a candidate to replace
Prime Minister David Cameron as Conservative leader.
Read more
a prominent campaigner for Britain to leave the European Union,
said on Thursday she would be standing as a candidate to replace
Prime Minister David Cameron as Conservative leader.
Read more
GLOBAL MARKETS-World stocks poised for worst month since January
LONDON, June 30 (Reuters) - Global stocks were set for their
worst monthly performance since January, with renewed concerns
over global growth forcing European shares and oil
prices onto the back foot again following two positive sessions.
Read more
worst monthly performance since January, with renewed concerns
over global growth forcing European shares and oil
prices onto the back foot again following two positive sessions.
Read more
CORRECTED-UPDATE 2-EgyptAir black box data downloaded; evidence suggests fire on board
CAIRO, June 29 (Reuters) - Investigators have downloaded
data from one of the black box flight recorders on EgyptAir
Flight MS804 and are preparing to analyse it, bringing them
closer discovering what caused the jet to crash, Egypt's
investigation committee said on Wednesday.
Read more
data from one of the black box flight recorders on EgyptAir
Flight MS804 and are preparing to analyse it, bringing them
closer discovering what caused the jet to crash, Egypt's
investigation committee said on Wednesday.
Read more
UPDATE 1-BMW, Intel, Mobileye team up on self-driving cars -source
* Carmakers, tech firms seek edge in race to build
autonomous cars
(Add joint event planned for Friday and background details)
Read more
autonomous cars
(Add joint event planned for Friday and background details)
Read more
German stocks - Factors to watch on June 30
BERLIN, June 30 (Reuters) - The DAX top-30 index
looked set to open 0.3 percent lower on Thursday, according to
premarket data from brokerage Lang & Schwarz at 0639 GMT.
Read more
looked set to open 0.3 percent lower on Thursday, according to
premarket data from brokerage Lang & Schwarz at 0639 GMT.
Read more
Motoring group AA to sell Irish business to Carlyle arms
June 30 (Reuters) - Motoring group AA Plc said it
had agreed to sell its Irish business to a Carlyle Group
fund and financial services buyout team for 156.6 million euros
($173.7 million).
Read more
had agreed to sell its Irish business to a Carlyle Group
fund and financial services buyout team for 156.6 million euros
($173.7 million).
Read more
Wednesday, June 29, 2016
BRIEF-Triangle Petroleum provides update on its review of strategic alternatives
* Adopted tax benefits preservation plan designed to reduce
likelihood that co will experience "ownership change" under U.S.
Federal income tax laws
Read more
likelihood that co will experience "ownership change" under U.S.
Federal income tax laws
Read more
UK Stocks-Factors to watch on June 30
June 30 (Reuters) - Britain's FTSE 100 index is seen opening up 8
points, or 0.1 percent, on Thursday, according to financial bookmakers.
* The UK blue chip index closed up 3.6 percent on Wednesday at 6,360.06,
highest level since April, as a two-day rally recouped the losses it suffered
after Britain voted to leave the European Union.
* RIO TINTO: Rio Tinto Ltd will sever mining links with
resource-rich Papua New Guinea, relinquishing ownership of the Panguna copper
mine on Bouga
Read more
points, or 0.1 percent, on Thursday, according to financial bookmakers.
* The UK blue chip index closed up 3.6 percent on Wednesday at 6,360.06,
highest level since April, as a two-day rally recouped the losses it suffered
after Britain voted to leave the European Union.
* RIO TINTO: Rio Tinto Ltd will sever mining links with
resource-rich Papua New Guinea, relinquishing ownership of the Panguna copper
mine on Bouga
Read more
Netflix CEO says firm continues to look into entering China
SEOUL, June 30 (Reuters) - Netflix Inc will
continue to look into the possibility of entering China, Chief
Executive Reed Hastings said on Thursday, as the video streaming
service seeks to grow its subscriber base outside its home of
the United States.
Read more
continue to look into the possibility of entering China, Chief
Executive Reed Hastings said on Thursday, as the video streaming
service seeks to grow its subscriber base outside its home of
the United States.
Read more
Carmike Cinemas cancels shareholder vote on AMC deal - Bloomberg
June 29 (Reuters) - Theater chain Carmike Cinemas Inc
plans to drop Thursday's shareholder vote on its
proposed sale to AMC Entertainment Holdings Inc,
Bloomberg reported on Wednesday.
Read more
plans to drop Thursday's shareholder vote on its
proposed sale to AMC Entertainment Holdings Inc,
Bloomberg reported on Wednesday.
Read more
UPDATE 1-Philippine unit of Mexico's Cemex prices IPO near low end of range
* Strong cement sales on the back of construction boom
(Adds underwriter's comments, timeline, background)
Read more
(Adds underwriter's comments, timeline, background)
Read more
U.S., Canada say differences remain in softwood lumber dispute
WASHINGTON, June 29 (Reuters) - The United States and Canada
have made important progress in negotiations over softwood
lumber exports but significant differences remain in the
long-running dispute, according to a joint U.S.-Canadian
statement issued on Wednesday.
Read more
have made important progress in negotiations over softwood
lumber exports but significant differences remain in the
long-running dispute, according to a joint U.S.-Canadian
statement issued on Wednesday.
Read more
BRIEF-Capnia announces private placement of up to $13.8 mln of convertible preferred stock
* Capnia announces private placement of up to $13.8 million
of convertible preferred stock
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
of convertible preferred stock
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
UPDATE 2-Brazil government to veto proposal on foreign airline ownership
BRASILIA, June 29 (Reuters) - Brazil's interim government
said on Wednesday it will veto an amendment to an aviation bill
scrapping limits on foreign ownership of domestic airlines to
save the rest of its air-transport legislation from Senate
opposition.
Read more
said on Wednesday it will veto an amendment to an aviation bill
scrapping limits on foreign ownership of domestic airlines to
save the rest of its air-transport legislation from Senate
opposition.
Read more
Philippine unit of Mexico's Cemex prices IPO near low end of range
MANILA, June 30 (Reuters) - Cemex Holdings Philippines Inc
, a unit of Mexican cement giant Cemex, has
priced its initial public offering (IPO) at 10.75 pesos ($0.23)
per share, the company said on Thursday. (http://bit.ly/296kDt1)
Read more
, a unit of Mexican cement giant Cemex, has
priced its initial public offering (IPO) at 10.75 pesos ($0.23)
per share, the company said on Thursday. (http://bit.ly/296kDt1)
Read more
PRESS DIGEST- Financial Times - June 30
June 30 (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
BRIEF-Pinetree Capital sold 70,000 shares of Caracara Silver at C$0.01 per share
* Sold 70,000 shares of Caracara Silver Inc at a price of
C$0.01 per share, for an aggregate sale price of C$700
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223
8780)
Read more
C$0.01 per share, for an aggregate sale price of C$700
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223
8780)
Read more
UPDATE 4-Toyota recalls 3.37 mln cars over air bags, emissions control
* Autoliv says it supplied air bag inflators
(Adds recalls by geographic region for emissions defect; 90 pct
of recalled air bag inflators in Prius models, updates share
price)
Read more
(Adds recalls by geographic region for emissions defect; 90 pct
of recalled air bag inflators in Prius models, updates share
price)
Read more
BRIEF-BancorpSouth announces settlement agreement with DOJ and CFPB
* Bancorpsouth announces settlement agreement with U.S.
Department of Justice and Consumer Financial Protection Bureau
Read more
Department of Justice and Consumer Financial Protection Bureau
Read more
BRIEF-Investors Real Estate Trust reports Q4 FFO per share $0.76
* For fiscal year ending April 30, 2017 , management expects
to report FFO in range of $0.48 to $0.54 per share/unit
Read more
to report FFO in range of $0.48 to $0.54 per share/unit
Read more
CANADA STOCKS-TSX jumps to 6-day high as oil rallies, investors buy post-Brexit
TORONTO, June 29 (Reuters) - Canada's benchmark stock index
rose to a nearly one-week high on Wednesday as higher oil prices
boosted shares of energy companies and investors bought back
into banks after the initial shock of Britain's vote to exit the
European Union.
Read more
rose to a nearly one-week high on Wednesday as higher oil prices
boosted shares of energy companies and investors bought back
into banks after the initial shock of Britain's vote to exit the
European Union.
Read more
BRIEF-National General Holdings announces pricing of $175 mln in depositary shares
* Announces pricing of $175 million in depositary shares
representing interests in preferred stock
Read more
representing interests in preferred stock
Read more
COSCO Greece says Piraeus port sale terms inconsistent with deal
ATHENS, June 29 (Reuters) - COSCO Greece objected on
Wednesday to terms submitted to parliament for the sale of
Piraeus Port to China COSCO Shipping, saying they were
inconsistent with those previously agreed with the Greek
privatisation agency.
Read more
Wednesday to terms submitted to parliament for the sale of
Piraeus Port to China COSCO Shipping, saying they were
inconsistent with those previously agreed with the Greek
privatisation agency.
Read more
U.S. judge dismisses SIFMA case over market data fees
NEW YORK, June 29 (Reuters) - A U.S. judge dismissed a
long-simmering legal battle over the cost of market data that is
used by brokerages and high-speed trading firms, in a victory
for the New York Stock Exchange and Nasdaq.
Read more
long-simmering legal battle over the cost of market data that is
used by brokerages and high-speed trading firms, in a victory
for the New York Stock Exchange and Nasdaq.
Read more
Ethiopian Airlines says looking at A350-1000 and Boeing 777X
TOULOUSE, France, June 29 (Reuters) - Ethiopian Airlines is
weighing whether to expand its fleet with the 366-seat Airbus
A350-1000 or the latest version of the 777 long-haul jet built
by its traditional supplier Boeing, widely known as the 777X,
its chief executive said.
Read more
weighing whether to expand its fleet with the 366-seat Airbus
A350-1000 or the latest version of the 777 long-haul jet built
by its traditional supplier Boeing, widely known as the 777X,
its chief executive said.
Read more
Destin Pipeline aims to reroute shippers impacted by force majeure by Wednesday
HOUSTON, June 29 (Reuters) - Destin Pipeline aims to provide
natural gas shippers impacted by a pipeline force majeure access
to the VKGS delivery point by Wednesday evening, pending
successful testing of meters and good weather, the company said
in a notice on Wednesday.
Read more
natural gas shippers impacted by a pipeline force majeure access
to the VKGS delivery point by Wednesday evening, pending
successful testing of meters and good weather, the company said
in a notice on Wednesday.
Read more
UPDATE 2-GE's finance unit sheds its "too big to fail" designation
June 29 (Reuters) - General Electric Co.'s slimmed
down financing arm shed its "too big to fail" designation on
Wednesday, no longer deemed by the U.S. government "systemically
important" and so liable to wreck the economy in the event it
runs into distress.
Read more
down financing arm shed its "too big to fail" designation on
Wednesday, no longer deemed by the U.S. government "systemically
important" and so liable to wreck the economy in the event it
runs into distress.
Read more
UPDATE 1-IKEA recalls 36 mln chests and dressers after six deaths
WASHINGTON, June 28 (Reuters) - Swedish furniture company
IKEA Group is recalling almost 36 million chests and
dressers in the United States and Canada but said the products
linked to the deaths of six children are safe when anchored to
walls as instructed.
Read more
IKEA Group is recalling almost 36 million chests and
dressers in the United States and Canada but said the products
linked to the deaths of six children are safe when anchored to
walls as instructed.
Read more
UPDATE 3-Canada's CIBC to pay $3.8 bln for PrivateBancorp, expand in U.S.
* CIBC shares down 3 percent, Private Bancorp up 22 percent
(New throughout, adds comments from CEO, analyst, shareholders)
Read more
(New throughout, adds comments from CEO, analyst, shareholders)
Read more
BRIEF-Amyris Inc enters into strategic partnership agreement with Ginkgo Bioworks
* Amyris inc says on june 28, 2016 co entered into a
strategic partnership agreement with ginkgo bioworks, inc
Read more
strategic partnership agreement with ginkgo bioworks, inc
Read more
Brazil's Petrobras says Abreu e Lima processed record oil in May
SAO PAULO, June 29 (Reuters) - Brazil's state-controlled oil
company Petroleo Brasileiro SA (Petrobras) said on
Wednesday its Abreu e Lima refinery processed a monthly record
94,800 barrels per day of oil in May.
Read more
company Petroleo Brasileiro SA (Petrobras) said on
Wednesday its Abreu e Lima refinery processed a monthly record
94,800 barrels per day of oil in May.
Read more
BRIEF-Synchrony Financial says makes investment in flexReceipts
* Announces a strategic investment in Flexreceipts
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
Facebook's political influence under a microscope as elections rage
June 29 (Reuters) - As the U.S. presidential campaign heats
up, Facebook Inc is going out of its way to show its
neutrality - an increasingly urgent matter for the social
network as evidence of its power continues to emerge.
Read more
up, Facebook Inc is going out of its way to show its
neutrality - an increasingly urgent matter for the social
network as evidence of its power continues to emerge.
Read more
BRIEF-AGF Management reports Q2 earnings per share of C$0.12 from cont ops
* Qtrly total assets under management (AUM) increased 6% to
$33.7 billion , compared to $31.7 billion as at February 29,
2016
Read more
$33.7 billion , compared to $31.7 billion as at February 29,
2016
Read more
UK appoints interior ministry official to head EU divorce unit
LONDON, June 29 (Reuters) - Britain has appointed Oliver
Robbins, a senior official at the interior ministry, to head the
unit that will help negotiate an exit from the European Union.
Read more
Robbins, a senior official at the interior ministry, to head the
unit that will help negotiate an exit from the European Union.
Read more
Brazil's Ser Educacional sweetens merger bid with Estácio
BRASILIA, June 29 (Reuters) - Brazilian college operator Ser
Educacional SA sweetened its proposal to combine with
larger rival Estacio Participacoes SA by raising its
dividend payout offer, according to a securities filing on
Wednesday.
Read more
Educacional SA sweetened its proposal to combine with
larger rival Estacio Participacoes SA by raising its
dividend payout offer, according to a securities filing on
Wednesday.
Read more
Monsanto's quarterly sales fall 8.5 pct
June 29 (Reuters) - Seed company Monsanto Co, which
rejected a $62 billion takeover offer from Germany's Bayer AG
last month, reported a 8.5 percent fall in quarterly
sales as demand declined due to low commodity prices.
Read more
rejected a $62 billion takeover offer from Germany's Bayer AG
last month, reported a 8.5 percent fall in quarterly
sales as demand declined due to low commodity prices.
Read more
UPDATE 1-Indonesia's Pertamina picks Shell to process Iraqi crude -official
JAKARTA, June 29 (Reuters) - Indonesia's Pertamina has
selected Shell to process a million barrels per month
of Iraqi crude at a Singapore refinery, a senior official at the
state-owned company said on Wednesday.
Read more
selected Shell to process a million barrels per month
of Iraqi crude at a Singapore refinery, a senior official at the
state-owned company said on Wednesday.
Read more
BRIEF-CIBC to acquire PrivateBancorp Inc
* CIBC will pay US$18.80 in cash and 0.3657 of a CIBC common
share for each share of PrivateBancorp common stock
Read more
share for each share of PrivateBancorp common stock
Read more
PRESS DIGEST- Canada- June 29
June 29 (Reuters) - The following are the top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
BRIEF-Noah Holdings announces $50 mln share repurchase program
* Share repurchase program extends company's previous share
repurchase program that was effective for 12 months from July 8
, 2015
Read more
repurchase program that was effective for 12 months from July 8
, 2015
Read more
REFILE-UPDATE 1-Molson Coors to bring first post-Brexit euro corporate bond
LONDON, June 29 (IFR) - Molson Coors Brewing Company has
become the first borrower to hit the European corporate bond
market after the UK's vote to leave the European Union.
Read more
become the first borrower to hit the European corporate bond
market after the UK's vote to leave the European Union.
Read more
China broker Orient Securities prices Hong Kong offer near lower end-IFR
HONG KONG, June 29 (Reuters) - Orient Securities Co
, which has an investment banking joint venture with
a unit of Citigroup Inc in China, priced its Hong Kong
share offering at HK$8.15 per share, near the bottom end of
expectations, raising about $1 billion, IFR reported on
Wednesday.
Read more
, which has an investment banking joint venture with
a unit of Citigroup Inc in China, priced its Hong Kong
share offering at HK$8.15 per share, near the bottom end of
expectations, raising about $1 billion, IFR reported on
Wednesday.
Read more
Abu Dhabi state funds to complete merger by end-2017 -source
ABU DHABI, June 29 (Reuters) - The merger of Abu Dhabi state
funds Mubadala Development Co and International
Petroleum Investment Co should be completed by the
end of 2017, a source close to the discussions on the deal said
on Wednesday.
Read more
funds Mubadala Development Co and International
Petroleum Investment Co should be completed by the
end of 2017, a source close to the discussions on the deal said
on Wednesday.
Read more
Tuesday, June 28, 2016
Abu Dhabi government orders merging of Mubadala And IPIC - state news agency
DUBAI, June 29 (Reuters) - The Abu Dhabi government has
ordered the merging of state investment funds Mubadala
Development Company and International Petroleum
Investment Company, according to a statement carried
by the state news agency on Wednesday.
Read more
ordered the merging of state investment funds Mubadala
Development Company and International Petroleum
Investment Company, according to a statement carried
by the state news agency on Wednesday.
Read more
Energy Transfer terminates merger agreement with Williams
June 29 (Reuters) - Energy Transfer Equity (ETE)
said on Wednesday that it has terminated its merger agreement
with Williams Cos Inc after ETE's counsel were unable to
declare the deal as tax-free.
Read more
said on Wednesday that it has terminated its merger agreement
with Williams Cos Inc after ETE's counsel were unable to
declare the deal as tax-free.
Read more
UPDATE 2-Sony upbeat on games and robots but cuts outlook for image sensors
* Images sensor outlook hit by weaker demand for smartphones
(Adds CEO comments, robot re-entry, background)
Read more
(Adds CEO comments, robot re-entry, background)
Read more
BRIEF-Mastercard to simplify e-commerce for Microsoft Dynamics customers
* Mastercard to simplify e-commerce for microsoft dynamics
customers around globe
Source text for Eikon: nBwbXD0cSa
Further company coverage:
Read more
customers around globe
Source text for Eikon: nBwbXD0cSa
Further company coverage:
Read more
PRESS DIGEST- New York Times business news - June 29
June 29 (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
Nikkei bounces as yen rally pauses, Idemitsu Kosan tumbles
TOKYO, June 29 (Reuters) - Japanese stocks rose on Wednesday
morning thanks to a modest recovery in global equities following
the Brexit rout, while a pause in yen buying also soothed market
sentiment.
Read more
morning thanks to a modest recovery in global equities following
the Brexit rout, while a pause in yen buying also soothed market
sentiment.
Read more
WRAPUP 8-EU leaders tell Britain to exit swiftly, markets steadier
LONDON/BRUSSELS, June 28 (Reuters) - European leaders told
Britain on Tuesday to act quickly to resolve the political and
economic confusion unleashed by its vote to leave the European
Union last week, after the IMF said the uncertainty could put
pressure on global economic growth.
Read more
Britain on Tuesday to act quickly to resolve the political and
economic confusion unleashed by its vote to leave the European
Union last week, after the IMF said the uncertainty could put
pressure on global economic growth.
Read more
BRIEF-Molson prices public offering of $5.3 billion aggregate principal amount of senior notes
June 28 (Reuters) - Molson Coors Brewing Company Announces
Pricing Of Its Public Offering Of United States Dollar
Read more
Pricing Of Its Public Offering Of United States Dollar
Read more
EMERGING MARKETS-Latam currencies rise on bargain hunting after Brexit sell-off
By Bruno Federowski
SAO PAULO, June 28 (Reuters) - Latin American currencies
jumped on Tuesday as investors scooped up bargains following a
sell-off triggered by Britain's decision to leave the European
Union.
The Mexican peso registered its biggest rise
since Feb. 17, finishing the day at 18.837 per dollar, 1.79
percent above Monday's reference price.
But the currency remained near historical lows, with
analysts forecasting the central bank could raise interest rates
at this week's
Read more
SAO PAULO, June 28 (Reuters) - Latin American currencies
jumped on Tuesday as investors scooped up bargains following a
sell-off triggered by Britain's decision to leave the European
Union.
The Mexican peso registered its biggest rise
since Feb. 17, finishing the day at 18.837 per dollar, 1.79
percent above Monday's reference price.
But the currency remained near historical lows, with
analysts forecasting the central bank could raise interest rates
at this week's
Read more
UPDATE 1-Tesla investor group wants more independent board, cites Musk ties
SAN FRANCISCO, June 28 (Reuters) - An investor group called
on Tesla Motors Corp on Tuesday to add two independent
directors to its board and separate the roles of chairman and
chief executive as it highlighted founder and CEO Elon Musk's
dominance of the board in the wake of Tesla's proposed bid for
SolarCity.
Read more
on Tesla Motors Corp on Tuesday to add two independent
directors to its board and separate the roles of chairman and
chief executive as it highlighted founder and CEO Elon Musk's
dominance of the board in the wake of Tesla's proposed bid for
SolarCity.
Read more
BRIEF-Crane co issues statement on decision by New York State Court of Appeals in Dummitt and Suttner asbestos cases
* Crane co issues statement on decision by New York State
Court of Appeals in Dummitt and Suttner asbestos cases
Read more
Court of Appeals in Dummitt and Suttner asbestos cases
Read more
BRIEF-Gymboree to sell Play & Music business to ZEAVION
* Gymboree will receive $127.5 million in cash proceeds from
ZEAVION, approximately $80 million net of estimated taxes
Read more
ZEAVION, approximately $80 million net of estimated taxes
Read more
UPDATE 6-VW agrees to buy back diesel vehicles, fund clean air efforts
WASHINGTON, June 28 (Reuters) - German automaker Volkswagen
AG will pay as much as $15.3 billion after admitting
it cheated on U.S. diesel emissions tests for years, agreeing to
buy back vehicles from consumers and provide funding that could
benefit makers of cleaner technologies.
Read more
AG will pay as much as $15.3 billion after admitting
it cheated on U.S. diesel emissions tests for years, agreeing to
buy back vehicles from consumers and provide funding that could
benefit makers of cleaner technologies.
Read more
BRIEF-McCormick declares $0.43 quarterly dividend
* McCormick declares $0.43 quarterly dividend
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
UPDATE 1-Three missing in fiery Texas freight train collision
AUSTIN, Texas, June 28 (Reuters) - Three railroad workers
are missing after two freight trains they were on collided in
northern Texas on Tuesday, causing a huge fire, officials said.
Read more
are missing after two freight trains they were on collided in
northern Texas on Tuesday, causing a huge fire, officials said.
Read more
MOVES- Citadel, Credit Agricole, Union Bancaire Privée
June 28 (Reuters) - The following financial services
industry appointments were announced on Tuesday. To inform us of
other job changes, email moves@thomsonreuters.com.
Read more
industry appointments were announced on Tuesday. To inform us of
other job changes, email moves@thomsonreuters.com.
Read more
BRIEF-Mastercard sets cash dividend of $0.19 per share
* Says full slate of 12 directors was elected for a one-year
term, to expire at next annual meeting of stockholders
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
term, to expire at next annual meeting of stockholders
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
UPDATE 2-Gilead wins U.S. nod for drug for all types of hepatitis C
June 28 (Reuters) - U.S. health regulators on Tuesday
approved a combination drug by Gilead Sciences Inc that
is the first available treatment for all six major forms of
hepatitis C, advancing the company's leadership in the field and
sending its shares up more than 4 percent.
Read more
approved a combination drug by Gilead Sciences Inc that
is the first available treatment for all six major forms of
hepatitis C, advancing the company's leadership in the field and
sending its shares up more than 4 percent.
Read more
Katzenberg sued over 'side deal' to Comcast-DreamWorks merger
WILMINGTON, Del., June 28 (Reuters) - Jeffrey Katzenberg,
DreamWorks Animation SKG Inc's chief executive, has been
hit with a proposed class action lawsuit over what a minority
shareholder called an "extraordinarily valuable" side deal he
struck as part of the $3.8 billion sale of the studio to Comcast
Corp.
Read more
DreamWorks Animation SKG Inc's chief executive, has been
hit with a proposed class action lawsuit over what a minority
shareholder called an "extraordinarily valuable" side deal he
struck as part of the $3.8 billion sale of the studio to Comcast
Corp.
Read more
WRAPUP 2-U.S. first-quarter GDP revised up, Brexit risk to outlook
WASHINGTON, June 28 (Reuters) - U.S. economic growth slowed
in the first quarter but not as sharply as previously estimated,
with gains in exports and software investment partially
offsetting weak consumer spending.
Read more
in the first quarter but not as sharply as previously estimated,
with gains in exports and software investment partially
offsetting weak consumer spending.
Read more
Netherlands raises 895 million euros from Propertize sale
AMSTERDAM, June 28 (Reuters) - The Dutch government said on
Tuesday it had agreed to sell the real estate portfolio of
collapsed and nationalised bank SNS Reaal to a consortium of
U.S. bank JP Morgan and private equity firm Lone Star
for 895.3 million euros ($989.04 million).
Read more
Tuesday it had agreed to sell the real estate portfolio of
collapsed and nationalised bank SNS Reaal to a consortium of
U.S. bank JP Morgan and private equity firm Lone Star
for 895.3 million euros ($989.04 million).
Read more
Brexit could give UK banks bonus flexibility
NEW YORK, June 28 (IFR) - The UK's exit from the European
Union could release its banks from the bloc's onerous cap on
bonuses, potentially making them more competitive in other
financial centers like New York, lawyers told IFR.
Read more
Union could release its banks from the bloc's onerous cap on
bonuses, potentially making them more competitive in other
financial centers like New York, lawyers told IFR.
Read more
UPDATE 1-German real estate group IVG plans $3.3 bln asset sale - sources
FRANKFURT, June 28 (Reuters) - German real estate group IVG
is launching a 3 billion euro ($3.3 bln) asset sale as its hedge
fund owners hope to lock in high prices in the country's buoyant
property market, three people familiar with the matter said.
Read more
is launching a 3 billion euro ($3.3 bln) asset sale as its hedge
fund owners hope to lock in high prices in the country's buoyant
property market, three people familiar with the matter said.
Read more
US STOCKS-Wall St moves higher after Brexit-induced selloff
* Indexes up: Dow 98 pct, S&P 1.09 pct, Nasdaq 1.61 pct
(Adds details, comments, updates prices)
Read more
(Adds details, comments, updates prices)
Read more
Newest U.S. refinery sold at a loss, hurt by oil price slump
HOUSTON, June 28 (Reuters) - A North Dakota refinery that
was the first to be built in the United States since the 1970s
has been sold at a loss, with profit elusive since it opened
last year, as low oil prices took a toll on the region's
energy industry, crimping the appetite for diesel.
Read more
was the first to be built in the United States since the 1970s
has been sold at a loss, with profit elusive since it opened
last year, as low oil prices took a toll on the region's
energy industry, crimping the appetite for diesel.
Read more
CANADA STOCKS-TSX bounces back from two-day post-Brexit slide
TORONTO, June 28 (Reuters) - Canada's main stock index rose
on Tuesday, paring some of the losses inflicted in the prior two
sessions after Britain's shock vote to leave the European Union.
Read more
on Tuesday, paring some of the losses inflicted in the prior two
sessions after Britain's shock vote to leave the European Union.
Read more
BRIEF-Monsanto and TargetGene announce agreement on Gene-Editing Technology
* Monsanto and targetgene announce agreement on gene-editing
technology to advance global agriculture innovation
Read more
technology to advance global agriculture innovation
Read more
BRIEF-Phx Energy Services announces closing of bought deal financing
* PHX Energy Services Corp announces closing of bought deal
financing
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
financing
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
BRIEF-Canadian competition bureau approves proposed Canexus acquisition
* Says Canadian competition bureau approved proposed
acquisition of Canexus by Superior Plus Corp
Read more
acquisition of Canexus by Superior Plus Corp
Read more
BRIEF-Citius Pharmaceuticals appoints director
* Citius Pharmaceuticals, Inc. announces appointment of Dr.
Eugene Holuka to its board of directors
Source text for Eikon:
Further company coverage:
Read more
Eugene Holuka to its board of directors
Source text for Eikon:
Further company coverage:
Read more
Business research provider IHS quarterly revenue rises 5.6 pct
June 28 (Reuters) - Business research provider IHS Inc's
quarterly revenue rose 5.6 percent, helped by a jump in
revenue from its transportation business.
Read more
quarterly revenue rose 5.6 percent, helped by a jump in
revenue from its transportation business.
Read more
Lending Club names CEO, plans to cut 179 roles
June 28 (Reuters) - Online lender Lending Club Corp
appointed Scott Sanborn CEO and said it would cut 179 positions.
Read more
appointed Scott Sanborn CEO and said it would cut 179 positions.
Read more
London Mayor Khan demands more autonomy for London after Brexit vote
LONDON, June 28 (Reuters) - London mayor Sadiq Khan on
Tuesday called for the city to be given more autonomy to allow
it to ride out the economic uncertainty unleashed by Britain's
vote to leave the European Union.
Read more
Tuesday called for the city to be given more autonomy to allow
it to ride out the economic uncertainty unleashed by Britain's
vote to leave the European Union.
Read more
First Chinese-made regional jet makes maiden passenger flight
SHANGHAI, June 28 (Reuters) - China's first locally built
regional jet made its maiden commercial flight on Tuesday,
carrying 70 passengers from the western city of Chengdu to
Shanghai on the east coast in what state-owned planemaker
Commercial Aircraft Corp of China Ltd (COMAC) hailed
as a milestone.
Read more
regional jet made its maiden commercial flight on Tuesday,
carrying 70 passengers from the western city of Chengdu to
Shanghai on the east coast in what state-owned planemaker
Commercial Aircraft Corp of China Ltd (COMAC) hailed
as a milestone.
Read more
European shares up for first time in three days after Brexit battering
LONDON, June 28 (Reuters) - European shares rose for the
first time in three days on Tuesday after a heavy sell-off
following Britain's shock vote to leave the European Union, on
hopes of a more co-ordinated central bank response to financial
market losses, and on firmer oil prices.
Read more
first time in three days on Tuesday after a heavy sell-off
following Britain's shock vote to leave the European Union, on
hopes of a more co-ordinated central bank response to financial
market losses, and on firmer oil prices.
Read more
European shares rise for first time in three days after Brexit rout
LONDON, June 28 (Reuters) - European shares rose for the
first time in three days on Tuesday, attempting a recovery from
the heavy sell-off in the previous two sessions after Britain's
shock vote to leave the European Union.
Read more
first time in three days on Tuesday, attempting a recovery from
the heavy sell-off in the previous two sessions after Britain's
shock vote to leave the European Union.
Read more
Monday, June 27, 2016
Poland - Factors to Watch June 28
Following are news stories, press reports and events to watch
that may affect Poland's financial markets on Tuesday. ALL TIMES
GMT (Poland: GMT + 2 hours):
Read more
that may affect Poland's financial markets on Tuesday. ALL TIMES
GMT (Poland: GMT + 2 hours):
Read more
BRIEF-Xencor enteres into collaboration and license agreement with Novartis
* Xencor announces strategic collaboration for bispecific
programs, including XMAB 14045 and XMAB 13676
Read more
programs, including XMAB 14045 and XMAB 13676
Read more
Novartis and Xencor enter into bispecific antibody agreement
ZURICH, June 28 (Reuters) - Novartis has received
rights with Xencor to develop bispecific antibodies for
treating cancer.
Read more
rights with Xencor to develop bispecific antibodies for
treating cancer.
Read more
UPDATE 1-Takata CEO says he'll step down once "new regime" is in place
TOKYO, June 28 (Reuters) - Takata Corp CEO
Shigehisa Takada said on Tuesday he would resign after a "new
regime" is found for the auto parts supplier, finally bowing to
calls to step down over a long-running recall crisis.
Read more
Shigehisa Takada said on Tuesday he would resign after a "new
regime" is found for the auto parts supplier, finally bowing to
calls to step down over a long-running recall crisis.
Read more
China won't allow "roller-coaster rides" in its markets after Brexit-Premier Li
BEIJING, June 28 (Reuters) - Britain's vote to leave the
European Union has sent jitters through global markets, but it
is important to work together to strengthen confidence, prevent
the spread of panic and maintain stability in capital markets,
China's Premier Li Keqiang said on Tuesday.
Read more
European Union has sent jitters through global markets, but it
is important to work together to strengthen confidence, prevent
the spread of panic and maintain stability in capital markets,
China's Premier Li Keqiang said on Tuesday.
Read more
Takata CEO offers to step down after new regime in place
TOKYO, June 28 (Reuters) - Takata Corp CEO
Shigehisa Takada on Tuesday offered to step down after a new
regime is decided for the auto parts supplier, which is
searching for a financial backer to help it deal with a massive
global recall of potentially deadly air bags.
Read more
Shigehisa Takada on Tuesday offered to step down after a new
regime is decided for the auto parts supplier, which is
searching for a financial backer to help it deal with a massive
global recall of potentially deadly air bags.
Read more
UPDATE 1-Mexico's ICA expects to delist from New York Stock Exchange in July
MEXICO CITY, June 27 (Reuters) - Mexico's ICA
said on Monday it expects to delist from the New York
Stock Exchange (NYSE) after July 17, as the cash-strapped
construction firm's share price has tumbled on debt woes.
Read more
said on Monday it expects to delist from the New York
Stock Exchange (NYSE) after July 17, as the cash-strapped
construction firm's share price has tumbled on debt woes.
Read more
RPT-Empty houses and jobless maids: Indonesia's expat exodus gathers pace
JAKARTA, June 28 (Reuters) - Foreign workers are leaving
Indonesia at an increasing rate due to the slump in commodity
prices that has forced resource companies to slash jobs at a
time when the government has also introduced tighter regulations
on expatriates in Southeast Asia's biggest economy.
Read more
Indonesia at an increasing rate due to the slump in commodity
prices that has forced resource companies to slash jobs at a
time when the government has also introduced tighter regulations
on expatriates in Southeast Asia's biggest economy.
Read more
Empty houses and jobless maids: Indonesia's expat exodus gathers pace
JAKARTA, June 28 (Reuters) - Foreign workers are leaving
Indonesia at an increasing rate due to the slump in commodity
prices that has forced resource companies to slash jobs at a
time when the government has also introduced tighter regulations
on expatriates in Southeast Asia's biggest economy.
Read more
Indonesia at an increasing rate due to the slump in commodity
prices that has forced resource companies to slash jobs at a
time when the government has also introduced tighter regulations
on expatriates in Southeast Asia's biggest economy.
Read more
UPDATE 1-U.S. Senate set to begin debate on Puerto Rico debt relief bill
WASHINGTON/NEW YORK, June 27 (Reuters) - After months of
waiting for the U.S. Congress to act as Puerto Rico's economic
crisis progressively worsened, the Caribbean island is on the
verge of securing a relief plan from Washington aimed at helping
it address a hobbling $70 billion debt.
Read more
waiting for the U.S. Congress to act as Puerto Rico's economic
crisis progressively worsened, the Caribbean island is on the
verge of securing a relief plan from Washington aimed at helping
it address a hobbling $70 billion debt.
Read more
UPDATE 3-Viacom board rejected offer for director to meet Sumner Redstone
NEW YORK/SAN FRANCISCO, June 27 (Reuters) - Viacom Inc's
board rejected an offer by Sumner Redstone's attorneys
to have one of Viacom's independent directors meet face-to-face
with the 93-year-old media mogul to get an understanding of his
views on the media company, a spokesman for Redstone confirmed
on Monday.
Read more
board rejected an offer by Sumner Redstone's attorneys
to have one of Viacom's independent directors meet face-to-face
with the 93-year-old media mogul to get an understanding of his
views on the media company, a spokesman for Redstone confirmed
on Monday.
Read more
BRIEF-Pzena Investment Management names Jessica Doran CFO
* Pzena promotes Gary Bachman to newly created chief
operating officer role; names Jessica Doran as chief financial
officer
Read more
operating officer role; names Jessica Doran as chief financial
officer
Read more
BRIEF-Talen Energy says Susquehanna unit 1 reconnected to power grid following maintenance outage
* Susquehanna unit 1 reconnected to power grid following
maintenance outage
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
maintenance outage
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
UPDATE 2-BHP boosts exploration spend as focus narrows to oil, copper
* Says investing more in exploration while others cut
(Recasts, adds analyst comments, detail)
Read more
(Recasts, adds analyst comments, detail)
Read more
Sunday, June 26, 2016
UK Stocks-Factors to watch on June 27
June 27 (Reuters) - Britain's FTSE 100 index is seen opening down
160-172 points at the open on Monday, which would mark a percentage drop of
2.6-2.8 percent, according to financial bookmakers.
* The UK blue chip index closed 3.2 percent lower at 6,138.69 points on
Friday after the country voted to leave the European Union, having initially
fallen more than 8 percent.
* BREXIT: The $2.08 trillion wiped off global equity markets on Friday was
the biggest daily loss ever, trumping th
Read more
160-172 points at the open on Monday, which would mark a percentage drop of
2.6-2.8 percent, according to financial bookmakers.
* The UK blue chip index closed 3.2 percent lower at 6,138.69 points on
Friday after the country voted to leave the European Union, having initially
fallen more than 8 percent.
* BREXIT: The $2.08 trillion wiped off global equity markets on Friday was
the biggest daily loss ever, trumping th
Read more
Starbucks to debut small-lot Indian coffee in U.S. this year
June 27 (Reuters) - Starbucks Corp for the first
time will sell single-origin, premium coffee from India in the
United States as part of its effort to support coffee production
in the country better known for its tea.
Read more
time will sell single-origin, premium coffee from India in the
United States as part of its effort to support coffee production
in the country better known for its tea.
Read more
PRESS DIGEST- New York Times business news - June 27
June 27 (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
UPDATE 1-Anbang plans to convert most of Waldorf Astoria to apartments -WSJ
NEW YORK, June 26 (Reuters) - China's Anbang Insurance Group
Co plans to convert as much as three-quarters of the
rooms at New York's landmark Waldorf Astoria hotel into
apartments, the Wall Street Journal reported on Sunday, citing
people familiar with the matter.
Read more
Co plans to convert as much as three-quarters of the
rooms at New York's landmark Waldorf Astoria hotel into
apartments, the Wall Street Journal reported on Sunday, citing
people familiar with the matter.
Read more
Texas 'Frack Master' bilked investors out of millions, SEC says
NEW YORK, June 27 (Reuters) - Texas oilman Chris Faulkner
built a high-profile public persona, raised millions for his oil
and gas ventures and courted politicians. But the SEC has
alleged that behind the scenes, he cheated investors out of $80
million to fund a "debauched" jet-setting lifestyle.
Read more
built a high-profile public persona, raised millions for his oil
and gas ventures and courted politicians. But the SEC has
alleged that behind the scenes, he cheated investors out of $80
million to fund a "debauched" jet-setting lifestyle.
Read more
UPDATE 1-Singapore Airlines flight returns to Changi, catches fire, no casualties
SINGAPORE, June 27 (Reuters) - A Singapore Airlines Ltd
(SIA) flight to Milan caught fire early on Monday
after returning to Singapore's Changi airport following an
engine oil warning message, but all passengers were safe, the
airline and airport officials said.
Read more
(SIA) flight to Milan caught fire early on Monday
after returning to Singapore's Changi airport following an
engine oil warning message, but all passengers were safe, the
airline and airport officials said.
Read more
Anbang plans to convert most of Waldorf Astoria to apartments -WSJ
NEW YORK, June 26 (Reuters) - China's Anbang Insurance Group
Co plans to convert as much as three-quarters of the rooms at
the landmark Waldorf Astoria hotel into apartments, the Wall
Street Journal reported on Sunday, citing people familiar with
the matter.
Read more
Co plans to convert as much as three-quarters of the rooms at
the landmark Waldorf Astoria hotel into apartments, the Wall
Street Journal reported on Sunday, citing people familiar with
the matter.
Read more
UPDATE 1-U.S. national security adviser sees few immediate Brexit concerns
June 26 (Reuters) - U.S. National Security Adviser Susan
Rice said on Sunday that there are "relatively few" immediate
security concerns stemming from Britain's vote to leave the
European Union, but the United States will work to ensure
continued U.S.-UK cooperation on counter-terrorism and other
security issues.
Read more
Rice said on Sunday that there are "relatively few" immediate
security concerns stemming from Britain's vote to leave the
European Union, but the United States will work to ensure
continued U.S.-UK cooperation on counter-terrorism and other
security issues.
Read more
GLOBAL MARKETS-Asian stocks, pound fall in Brexit aftershocks
TOKYO, June 27 (Reuters) - Asian stocks opened weaker and
the British pound fell almost 2 percent in early Asian trade on
Monday as markets struggled to shake off deep uncertainty
sparked by Britain's decision to leave the European Union.
Read more
the British pound fell almost 2 percent in early Asian trade on
Monday as markets struggled to shake off deep uncertainty
sparked by Britain's decision to leave the European Union.
Read more
PRESS DIGEST- Financial Times - June 27
June 26 (Reuters) - The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Australia's Asciano resolves dispute gnawing at $6.8 bln buyout
SYDNEY, June 27 (Reuters) - Australian freight giant Asciano
Ltd on Monday said it has resolved a legal dispute with
a trucking subsidiary that had threatened to delay a A$9.1
billion ($6.8 billion) buyout led by Canada's Brookfield Asset
Management Inc.
Read more
Ltd on Monday said it has resolved a legal dispute with
a trucking subsidiary that had threatened to delay a A$9.1
billion ($6.8 billion) buyout led by Canada's Brookfield Asset
Management Inc.
Read more
UPDATE 1-US STOCKS-Wall Street futures lower on Brexit concerns
* Friday's $2 trillion global equity selloff biggest ever
-S&P
(Adds investor quotes, updates market activity)
Read more
-S&P
(Adds investor quotes, updates market activity)
Read more
BHP Billiton to spend $900m on copper and petroleum exploration
SYDNEY, June 27 (Reuters) - Australian mining giant BHP
Billiton said on Monday it will spend $900 million, or
18 percent of its capital budget, in exploration next financial
year.
Read more
Billiton said on Monday it will spend $900 million, or
18 percent of its capital budget, in exploration next financial
year.
Read more
UK's Osborne to make Brexit statement before markets open on Monday
LONDON, June 26 (Reuters) - British finance minister George
Osborne will seek to reassure financial markets on Monday
following the country's decision to leave the European Union
last week, setting out the government's economic response to the
vote in a statement at 0600 GMT.
Read more
Osborne will seek to reassure financial markets on Monday
following the country's decision to leave the European Union
last week, setting out the government's economic response to the
vote in a statement at 0600 GMT.
Read more
Post-Brexit global equity loss of over $2 trillion worst ever -S&P
NEW YORK, June 26 (Reuters) - The $2.08 trillion wiped off
global equity markets on Friday after Britain voted to leave the
European Union was the biggest daily loss ever, trumping the
Lehman Brothers bankruptcy during the 2008 financial crisis and
the Black Monday stock market crash of 1987, according to
Standard & Poor's Dow Jones Indices.
Read more
global equity markets on Friday after Britain voted to leave the
European Union was the biggest daily loss ever, trumping the
Lehman Brothers bankruptcy during the 2008 financial crisis and
the Black Monday stock market crash of 1987, according to
Standard & Poor's Dow Jones Indices.
Read more
Wall St Weekahead-Wall St eyes low rates, earnings after Brexit rout
June 26 (Reuters) - With markets reeling after Britain's
vote to leave the European Union, some on Wall Street expect
cooler heads to prevail over the next several sessions as
investors focus domestically on the outlook for the U.S. economy
and company earnings.
Read more
vote to leave the European Union, some on Wall Street expect
cooler heads to prevail over the next several sessions as
investors focus domestically on the outlook for the U.S. economy
and company earnings.
Read more
Gunmen release expatriate contractors kidnapped in Niger Delta -police
YENAGOA, Nigeria, June 26 (Reuters) - As many as seven
contractors, including three Australians and a South African,
have been released unharmed four days after they were kidnapped
by gunmen in southern Nigeria, local police and a state security
adviser said on Sunday.
Read more
contractors, including three Australians and a South African,
have been released unharmed four days after they were kidnapped
by gunmen in southern Nigeria, local police and a state security
adviser said on Sunday.
Read more
Rosatom's global nuclear ambition cramped by Kremlin politics
PARIS/MOSCOW, June 26 (Reuters) - The $100 billion overseas
order book of Russia's nuclear power plant builder Rosatom --
bigger than all its Western competitors combined -- makes it
look like the giant in its field.
Read more
order book of Russia's nuclear power plant builder Rosatom --
bigger than all its Western competitors combined -- makes it
look like the giant in its field.
Read more
TUI says Brexit to hit profit, not travel patterns
BERLIN, June 26 (Reuters) - European travel group TUI
, which makes about a third of its turnover in Britain,
expects a dent to its profits because of the fall in the pound
after Britain's decision to leave the European Union but does
not see a big change in travel habits.
Read more
, which makes about a third of its turnover in Britain,
expects a dent to its profits because of the fall in the pound
after Britain's decision to leave the European Union but does
not see a big change in travel habits.
Read more
UPDATE 1-Algeria oil and gas output on the rise -Sonatrach
ALGIERS, June 26 (Reuters) - Algeria's oil and gas output is
moving back to growth after years of stagnation, helped in part
by increased production at the North African OPEC member's
existing fields, state energy company Sonatrach said on Sunday.
Read more
moving back to growth after years of stagnation, helped in part
by increased production at the North African OPEC member's
existing fields, state energy company Sonatrach said on Sunday.
Read more
Central bank group argues for branch closures to lift profits
LONDON, June 26 (Reuters) - Banks should shut branches to
help lift flagging profits and get on a healthier long-term
footing, an influential global central banking forum said in a
report on Sunday.
Read more
help lift flagging profits and get on a healthier long-term
footing, an influential global central banking forum said in a
report on Sunday.
Read more
Many US firms playing catchup after surprise EU exit vote
NEW YORK/CHICAGO, June 26 (Reuters) - The risk that Britain
could yank itself out of the European Union had been telegraphed
for over a year, but even U.S. companies with "Brexit"
contingency plans have said they were shocked it is now on track
to become reality, and are just beginning to work through all of
the implications.
Read more
could yank itself out of the European Union had been telegraphed
for over a year, but even U.S. companies with "Brexit"
contingency plans have said they were shocked it is now on track
to become reality, and are just beginning to work through all of
the implications.
Read more
Loss of access to single market would be catastrophic-UK foreign min
LONDON, June 26 (Reuters) - British Foreign Secretary Philip
Hammond said on Sunday it would be "catastrophic" for Britain to
lose access to the European single market after it voted to
leave the European Union.
Read more
Hammond said on Sunday it would be "catastrophic" for Britain to
lose access to the European single market after it voted to
leave the European Union.
Read more
RPT-Google, Facebook quietly move toward automatic blocking of extremist videos
SAN FRANCISCO/WASHINGTON, June 24 (Reuters) - Some of the
web's biggest destinations for watching videos have quietly
started using automation to remove extremist content from their
sites, according to two people familiar with the process.
Read more
web's biggest destinations for watching videos have quietly
started using automation to remove extremist content from their
sites, according to two people familiar with the process.
Read more
VW should pay Europeans same compensation as US drivers-EU commissioner
BERLIN, June 26 (Reuters) - Volkswagen AG should
offer European drivers similar compensation to what the German
carmaker is expected to pay U.S. customers, Europe's Industry
Commissioner Elzbieta Bienkowska told a newspaper on Sunday.
Read more
offer European drivers similar compensation to what the German
carmaker is expected to pay U.S. customers, Europe's Industry
Commissioner Elzbieta Bienkowska told a newspaper on Sunday.
Read more
Israel's Harel in talks with Noble to buy stake in Tamar gas field
JERUSALEM, June 26 (Reuters) - Israeli insurer Harel
said on Sunday it is in talks to buy up to 4 percent
in the Tamar natural gas field from Texas-based Noble Energy
.
Read more
said on Sunday it is in talks to buy up to 4 percent
in the Tamar natural gas field from Texas-based Noble Energy
.
Read more
Saturday, June 25, 2016
UPDATE 3-Russia secures energy deals, talks security with China as Putin visits
BEIJING, June 25 (Reuters) - Russia and China sealed a raft
of energy deals during President Vladimir Putin's visit to
Beijing on Saturday, strengthening economic ties while pledging
to preserve the strategic balance of power among nations.
Read more
of energy deals during President Vladimir Putin's visit to
Beijing on Saturday, strengthening economic ties while pledging
to preserve the strategic balance of power among nations.
Read more
SolarCity recuses two more board members from voting on Tesla offer
June 25 (Reuters) - Two additional SolarCity Corp
board members with ties to Elon Musk are recusing themselves
from making decisions regarding Tesla Motors Inc's
offer to buy the solar power company, in a bid to alleviate
corporate governance concerns surrounding a potential deal.
Read more
board members with ties to Elon Musk are recusing themselves
from making decisions regarding Tesla Motors Inc's
offer to buy the solar power company, in a bid to alleviate
corporate governance concerns surrounding a potential deal.
Read more
Trump plays down post-Brexit market turmoil on Aberdeen visit
ABERDEEN, Scotland, June 25 (Reuters) - U.S. presidential
candidate Donald Trump played down market turmoil in the wake of
Britain's decision to leave the European Union on a visit to his
Trump International golf course in Aberdeen on Saturday.
Read more
candidate Donald Trump played down market turmoil in the wake of
Britain's decision to leave the European Union on a visit to his
Trump International golf course in Aberdeen on Saturday.
Read more
UPDATE 1-TransCanada formally seeks NAFTA damages in Keystone XL rejection
TORONTO, June 25 (Reuters) - TransCanada Corp is
formally requesting arbitration over U.S. President Barack
Obama's rejection of the Keystone XL pipeline, seeking $15
billion in damages, the company said in legal papers dated
Friday.
Read more
formally requesting arbitration over U.S. President Barack
Obama's rejection of the Keystone XL pipeline, seeking $15
billion in damages, the company said in legal papers dated
Friday.
Read more
Debris in Tanzania to be examined for link to missing MH370 -report
KUALA LUMPUR, June 25 (Reuters) - A new piece of debris
found in Tanzania will be examined for a possible link to the
missing Malaysia Airlines flight MH370, Malaysian state news
agency Bernama cited the country's transport minister as saying
on Saturday.
Read more
found in Tanzania will be examined for a possible link to the
missing Malaysia Airlines flight MH370, Malaysian state news
agency Bernama cited the country's transport minister as saying
on Saturday.
Read more
TransCanada formally seeks damages over Keystone XL rejection
TORONTO, June 25 (Reuters) - TransCanada Corp is
formally requesting arbitration over U.S. President Barack
Obama's rejection of the Keystone XL pipeline, seeking $15
billion in damages, the company said in legal papers dated
Friday.
Read more
formally requesting arbitration over U.S. President Barack
Obama's rejection of the Keystone XL pipeline, seeking $15
billion in damages, the company said in legal papers dated
Friday.
Read more
UPDATE 1-China tightens controls on paid-for internet search ads
BEIJING, June 25 (Reuters) - China's internet regulator said
on Saturday that search engines should tighten management of
paid-for ads in search results, making clear which results are
paid-for and limiting their numbers.
Read more
on Saturday that search engines should tighten management of
paid-for ads in search results, making clear which results are
paid-for and limiting their numbers.
Read more
Friday, June 24, 2016
China tightens controls on paid-for internet search ads
BEIJING, June 25 (Reuters) - China's internet regulator said
on Saturday that search engines should tighten management of
paid-for ads in search results, making clear which results are
paid-for and limiting their numbers.
Read more
on Saturday that search engines should tighten management of
paid-for ads in search results, making clear which results are
paid-for and limiting their numbers.
Read more
Arizona says it has run out of drugs for executions
June 24 (Reuters) - Arizona has run out of execution drugs,
including a sedative implicated in botched lethal injections,
according to a filing on Friday in a court case challenging the
U.S. state's execution methods.
Read more
including a sedative implicated in botched lethal injections,
according to a filing on Friday in a court case challenging the
U.S. state's execution methods.
Read more
Dick's Sporting Goods bids on 17 Sports Authority stores -source
NEW YORK, June 23 (Reuters) - Dick's Sporting Goods
submitted a bid for 17 Sports Authority stores, with other
retailers making offers for only single locations of the
bankrupt sporting goods retailer, according to a person familiar
with the matter.
Read more
submitted a bid for 17 Sports Authority stores, with other
retailers making offers for only single locations of the
bankrupt sporting goods retailer, according to a person familiar
with the matter.
Read more
UPDATE 2-Citigroup resolves 'technical issue' that left accounts frozen
June 24 (Reuters) - Citigroup Inc said on Friday it
resolved a technical issue that had left customers unable to
access their accounts remotely.
Read more
resolved a technical issue that had left customers unable to
access their accounts remotely.
Read more
Citigroup working on 'technical issue' that leaves accounts frozen
June 24 (Reuters) - Citigroup Inc said on Friday it
was working to fix a technical issue, after customers took to
social media to complain that they could not access their
accounts remotely.
Read more
was working to fix a technical issue, after customers took to
social media to complain that they could not access their
accounts remotely.
Read more
BRIEF-Energy Transfer Equity announces Chancery Court decision in litigation with the Williams Companies
* Energy Transfer Equity announces Chancery Court decision in litigation with the Williams
Companies
Read more
Companies
Read more
HBO says Brexit won't hurt 'Game of Thrones' production
LOS ANGELES, June 24 (Reuters) - "Game of Thrones," the hit
HBO cable TV series that is partly filmed in Northern Ireland,
will not suffer due to Britain's decision to leave the European
Union, the cable network said on Friday, aiming to quash
speculation that the lavishly produced show would lose EU
funding.
Read more
HBO cable TV series that is partly filmed in Northern Ireland,
will not suffer due to Britain's decision to leave the European
Union, the cable network said on Friday, aiming to quash
speculation that the lavishly produced show would lose EU
funding.
Read more
Russell reconstitution adds to U.S. market's volume, volatility
NEW YORK, June 24 (Reuters) - FTSE Russell reconfigured its
indexes at the close in an annual event that triggered the
highest trading volume for any session in almost five years and
added to Friday's high volatility in the U.S. share market.
Read more
indexes at the close in an annual event that triggered the
highest trading volume for any session in almost five years and
added to Friday's high volatility in the U.S. share market.
Read more
UPDATE 2-Court says ETE can bolt $20 billion Williams takeover
NEW YORK/WILMINGTON, Del., June 24 (Reuters) - Energy
Transfer Equity won a court ruling on Friday that would
allow the pipeline operator to walk away from its more than $20
billion takeover of rival Williams Cos Inc, a deal
Energy Transfer agreed to in September but soured on in January.
Read more
Transfer Equity won a court ruling on Friday that would
allow the pipeline operator to walk away from its more than $20
billion takeover of rival Williams Cos Inc, a deal
Energy Transfer agreed to in September but soured on in January.
Read more
Delaware judge rules for ETE in Williams merger dispute
NEW YORK, June 24 (Reuters) - Energy Transfer Equity
won a court ruling on Friday that would allow the pipeline
operator to walk away from its more than $20 billion takeover of
rival Williams Cos Inc, a deal Energy Transfer agreed to
in September, but soured on in January.
Read more
won a court ruling on Friday that would allow the pipeline
operator to walk away from its more than $20 billion takeover of
rival Williams Cos Inc, a deal Energy Transfer agreed to
in September, but soured on in January.
Read more
UPDATE 1-Speculators raise net shorts vs sterling ahead of 'Brexit' - CFTC data
(Adds details, data)
June 24 (Reuters) - Currency speculators increased their net
short positions against the British pound in the week before the
United Kingdom voted to exit the European Union, according to
data from the Commodity Futures Trading Commission released on
Friday.
The number of contracts for net short positions against the
pound rose by more than 15,000 for the week ending June 21. That
was still well below a five-year high touched during the week
ending June 7 when net
Read more
BRIEF-IHS says UK vote does not change merger plans with Markit
* IHS Inc says decision by the UK to leave European Union
does not change plans of IHS and Markit's merger plans - SEC
filing
Read more
does not change plans of IHS and Markit's merger plans - SEC
filing
Read more
BRIEF-Mediatek to invest more than $6.18 bln into new fields in chip development - Nikkei
* MediaTek plans to reduce reliance on the smartphone sector
with a five-year investment in new technologies - Nikkei
Read more
with a five-year investment in new technologies - Nikkei
Read more
BRIEF-Paion, unit of Cosmo Pharmaceuticals enter into license deal for Remimazolam
* Co and Cosmo Technologies Ltd, unit of Cosmo
Pharmaceuticals NV, entered into license agreement for
Remimazolam
Read more
Pharmaceuticals NV, entered into license agreement for
Remimazolam
Read more
BRIEF-Midwestone Financial says files for mixed shelf of up to $75 mln
* Says files for mixed shelf of up to $75 million - SEC
Filing
Source - http://1.usa.gov/28QPAgt
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
Filing
Source - http://1.usa.gov/28QPAgt
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
BRIEF-Deerfield Management reports 5.10 pct passive stake in Global Blood Therapeutics
* Deerfield Management reports 5.10 pct passive stake in
Global Blood Therapeutics as of June 21 - SEC filing
Source text: http://1.usa.gov/28SQtVj
Further company coverage:
(Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223
8780)
Read more
Global Blood Therapeutics as of June 21 - SEC filing
Source text: http://1.usa.gov/28SQtVj
Further company coverage:
(Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223
8780)
Read more
UPDATE 2-U.S. FDA panel to vote whether diabetes drug cuts cardiac death
June 24 (Reuters) - An advisory panel to the U.S. Food and
Drug Administration will be asked to vote next week on whether a
diabetes drug made by Eli Lilly & Co and Boehringer
Ingelheim cuts the risk of cardiovascular death, according to
documents posted on the agency's website on Friday.
Read more
Drug Administration will be asked to vote next week on whether a
diabetes drug made by Eli Lilly & Co and Boehringer
Ingelheim cuts the risk of cardiovascular death, according to
documents posted on the agency's website on Friday.
Read more
BRIEF-Terex to get $595 mln, EUR200 mln from sale of Material Handling and Port Solutions business
* On June 21, 2016, entered into amendment to stock and
asset purchase agreement with Konecranes PLC
Read more
asset purchase agreement with Konecranes PLC
Read more
UPDATE 2-Mexico cuts spending on Brexit, at ready on rates and peso
(Adds economist comment; updates peso, stock market quotes)
By Jean Luis Arce and Alexandra Alper
MEXICO CITY, June 24 (Reuters) - Mexico's government will
cut spending, and the central bank is ready to act on interest
rates in the wake of Britain's vote to exit the European Union,
senior officials said on Friday.
Finance Minister Luis Videgaray said the government would
reduce spending by 31.715 billion pesos ($1.68 billion) in 2016,
its second such cut this year, to reassure mar
Read more
CANADA STOCKS-Gold mining stocks mute TSX loss after Brexit vote
TORONTO, June 24 (Reuters) - Canada's main stock index fell
more than 1 percent on Friday after Britain voted to leave the
European Union, a more muted retreat than in Europe and the
United States as gold miners benefited from investors fleeing to
the safety of bullion.
Read more
more than 1 percent on Friday after Britain voted to leave the
European Union, a more muted retreat than in Europe and the
United States as gold miners benefited from investors fleeing to
the safety of bullion.
Read more
UPDATE 3-United clinches long-sought deal with flight attendants union
June 24 (Reuters) - United Continental Holdings Inc
has reached a deal for the first labor contract in its history
that covers all flight attendants at the company, their union
and the airline said on Friday, a breakthrough after workers'
protests and years of talks.
Read more
has reached a deal for the first labor contract in its history
that covers all flight attendants at the company, their union
and the airline said on Friday, a breakthrough after workers'
protests and years of talks.
Read more
European share trading volumes surge on Friday - Bats Europe
LONDON, June 24 (Reuters) - Pan-European equity trading
volume surged to 90.5 billion euros ($100 billion) by 1345 GMT
on Friday, nearly double the recent full-day trading average,
following a vote by Britons to leave the European Union,
according to data compiled by Bats Europe.
Read more
volume surged to 90.5 billion euros ($100 billion) by 1345 GMT
on Friday, nearly double the recent full-day trading average,
following a vote by Britons to leave the European Union,
according to data compiled by Bats Europe.
Read more
Dutch lower Groningen gas production cap to 24 bcm
THE HAGUE, June 24 (Reuters) - The Dutch government said on
Friday that it would lower the cap on production at the
Groningen gas field to 24 billion cubic metres a year for the
next five years.
Read more
Friday that it would lower the cap on production at the
Groningen gas field to 24 billion cubic metres a year for the
next five years.
Read more
BRIEF-RNC announces closing of over-allotment option in connection with bought deal financing
* Allotment option in connection with bought deal financing
Source text for Eikon:
Further company coverage:
)
Read more
Source text for Eikon:
Further company coverage:
)
Read more
BRIEF-Dehaier Medical Systems and Hongyuan Supply Chain Management sign deal
* Strategic cooperation agreement reached by Dehaier Medical
Systems Ltd. and Hongyuan Supply Chain Management Co., Ltd.
Source text for Eikon:
Further company coverage:
Read more
Systems Ltd. and Hongyuan Supply Chain Management Co., Ltd.
Source text for Eikon:
Further company coverage:
Read more
UPDATE 2-German regulators query London base for merged LSE-Deutsche Boerse
* LSE share down 9.7 pct, Deutsche Boerse share down 6 pct
(Adds regulatory source, analyst comment, context)
Read more
(Adds regulatory source, analyst comment, context)
Read more
BRIEF-Harvest Natural says CT Energy loaned $2 mln to co
* On june 20, 2016, ct energy holding, loaned $2 million to
co, pursuant to 15% non-convertible note, dated june 19, 2015
Read more
co, pursuant to 15% non-convertible note, dated june 19, 2015
Read more
Good Morning America: Britain just voted out of the EU ... What's that mean for America?
NEW YORK, June 24 (Reuters) - Britons have voted to leave
the European Union, an outcome that has shocked global financial
markets, sending stocks plunging and sovereign bonds and the
U.S. dollar sharply higher.
Read more
the European Union, an outcome that has shocked global financial
markets, sending stocks plunging and sovereign bonds and the
U.S. dollar sharply higher.
Read more
Telekom Austria's free float to increase towards year-end -OBIB
VIENNA, June 24 (Reuters) - Telekom Austria's free
float has to be increased towards the end of the year under the
terms of a syndicate contract with its parent company America
Movil, the head of Austria's state holding company
OBIB said on Friday.
Read more
float has to be increased towards the end of the year under the
terms of a syndicate contract with its parent company America
Movil, the head of Austria's state holding company
OBIB said on Friday.
Read more
Vodafone says too soon to say what Brexit means for HQ
LONDON, June 24 (Reuters) - Vodafone, the world's
second biggest telecoms company and a linchpin of the FTSE 100
index, said it was too soon to form a view on where the UK-based
company would be domiciled after Britain voted to leave the
European Union.
Read more
second biggest telecoms company and a linchpin of the FTSE 100
index, said it was too soon to form a view on where the UK-based
company would be domiciled after Britain voted to leave the
European Union.
Read more
Technip says London still natural HQ of TechnipFMC despite Brexit vote
PARIS, June 24 (Reuters) - French oil services company
Technip said on Friday there was no reason for
Britain's exit from the European Union to impact its merger with
FMC Technologies, including plans for London to be the
legal headquarters of the new group.
Read more
Technip said on Friday there was no reason for
Britain's exit from the European Union to impact its merger with
FMC Technologies, including plans for London to be the
legal headquarters of the new group.
Read more
Opel says supports UK remaining in the European Economic Area
FRANKFURT, June 24 (Reuters) - General Motors'
European arm Opel said on Friday it was important for its
Vauxhall division that Britain remain part of the European
Economic Area even after its exit from the European Union.
Read more
European arm Opel said on Friday it was important for its
Vauxhall division that Britain remain part of the European
Economic Area even after its exit from the European Union.
Read more
Thursday, June 23, 2016
UK govt bond yields indicated at new low 1 pct after Brexit vote - Tradeweb
LONDON, June 24 (Reuters) - The yield on 10-year UK
government bonds was indicated at a new low on Friday, according
to pricing data from bond platform Tradeweb, as investors rushed
to the safety of government debt after Britain's vote to leave
the European Union.
Read more
government bonds was indicated at a new low on Friday, according
to pricing data from bond platform Tradeweb, as investors rushed
to the safety of government debt after Britain's vote to leave
the European Union.
Read more
UPDATE 1-UK Stocks-Factors to watch on June 24
June 24 (Reuters) - Futures on Britain's FTSE 100 index were trading
down 8.3 percent at 0614 GMT on Friday, after results showed the UK has voted in
favour of leaving the European Union. Futures on Germany's DAX were down
9.6 percent, while France's CAC futures fell 10.5 percent.
Read more
down 8.3 percent at 0614 GMT on Friday, after results showed the UK has voted in
favour of leaving the European Union. Futures on Germany's DAX were down
9.6 percent, while France's CAC futures fell 10.5 percent.
Read more
Trading resumes in S&P 500, Nasdaq futures after breakers triggered
June 24 (Reuters) - E-mini futures on the S&P 500 and Nasdaq
resumed trading early on Friday and were down nearly 5 percent
after earlier hitting overnight limit thresholds following
Britain's vote to leave the European Union.
Read more
resumed trading early on Friday and were down nearly 5 percent
after earlier hitting overnight limit thresholds following
Britain's vote to leave the European Union.
Read more
PRESS DIGEST- New York Times business news - June 24
June 24 (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
Qualcomm files complaint in China court against smartphone maker Meizu
June 24 (Reuters) - Qualcomm Inc has filed a
complaint in a Chinese court against smartphone maker Meizu
Technology Co after the tech giant said it was unable to reach a
licensing accord with one of the top 10 handset suppliers in its
biggest market.
Read more
complaint in a Chinese court against smartphone maker Meizu
Technology Co after the tech giant said it was unable to reach a
licensing accord with one of the top 10 handset suppliers in its
biggest market.
Read more
India has firepower to withstand British exit from EU - finmin official
NEW DELHI, June 24 (Reuters) - India has the firepower to
withstand Britain's likely exit from the European Union, will
accelerate growth programmes to offset its impact, and does not
expect its foreign trade to suffer, a senior finance ministry
official said.
Read more
withstand Britain's likely exit from the European Union, will
accelerate growth programmes to offset its impact, and does not
expect its foreign trade to suffer, a senior finance ministry
official said.
Read more
UPDATE 1-Bankers take fright as UK vote count points to Brexit
* But banks fear losing right to serve EU customers
(Recasts to reflect votes to leave the EU ahead)
Read more
(Recasts to reflect votes to leave the EU ahead)
Read more
US STOCKS-S&P 500 futures fall as 'remain' barely leads in early UK vote count
* Indexes up: Dow 1.3 pct, S&P 1.3 pct, Nasdaq 1.6 pct
(Adds detail on market reaction, comment)
Read more
(Adds detail on market reaction, comment)
Read more
Brexit vote - implied probability of leave vote 63 pct -Betfair odds
LONDON, June 24 (Reuters) - The implied probability of a
British vote to leave the European Union is 63 percent,
according to odds provided by the Betfair Internet betting
exchange.
Read more
British vote to leave the European Union is 63 percent,
according to odds provided by the Betfair Internet betting
exchange.
Read more
GLOBAL MARKETS-Sterling tumbles, bonds surge as early Brexit results put Leave ahead
SYDNEY, June 24 (Reuters) - Sterling and stocks sank while
safe-haven bonds jumped in wild Asian trade on Friday as early
results from the UK's vote on European Union membership showed
the "Leave" camp holding the lead, sparking a wave of selling
across risk assets.
Read more
safe-haven bonds jumped in wild Asian trade on Friday as early
results from the UK's vote on European Union membership showed
the "Leave" camp holding the lead, sparking a wave of selling
across risk assets.
Read more
BRIEF-Nevada Exploration announces private placement offering of up to 4,285,715 units
* Non-Brokered private placement offering of up to 4,285,715
units at a price of $0.35 per unit
Read more
units at a price of $0.35 per unit
Read more
UPDATE 2-Fiat Chrysler accused of concealing defect in Jeep Grand Cherokee
LOS ANGELES, June 23 (Reuters) - Jeep Grand Cherokee owners
on Thursday filed suit in California against Fiat Chrysler
, accusing the automaker of concealing a shifter design
defect linked to driverless rollaway accidents, including this
week's death of "Star Trek" actor Anton Yelchin.
Read more
on Thursday filed suit in California against Fiat Chrysler
, accusing the automaker of concealing a shifter design
defect linked to driverless rollaway accidents, including this
week's death of "Star Trek" actor Anton Yelchin.
Read more
US STOCKS-S&P 500 futures rise after early signs Britain will stay in EU
* Indexes up: Dow 1.3 pct, S&P 1.3 pct, Nasdaq 1.6 pct
(Updates to after close of polls in UK)
Read more
(Updates to after close of polls in UK)
Read more
UPDATE 1-Dodd, Frank blast ruling that MetLife not too big to fail
June 23 (Reuters) - A federal court's striking down of the
government's designation of insurer MetLife Inc as
"too-big-to-fail" could undermine efforts to head off another
financial crisis, authors of the landmark Dodd-Frank Wall Street
reform law said.
Read more
government's designation of insurer MetLife Inc as
"too-big-to-fail" could undermine efforts to head off another
financial crisis, authors of the landmark Dodd-Frank Wall Street
reform law said.
Read more
UPDATE 1-Viacom CEO asks court to order medical exam of Sumner Redstone
June 23 (Reuters) - Viacom Inc Chief Executive
Philippe Dauman and board member George Abrams asked a
Massachusetts court on Thursday to require an immediate medical
exam of controlling shareholder Sumner Redstone.
Read more
Philippe Dauman and board member George Abrams asked a
Massachusetts court on Thursday to require an immediate medical
exam of controlling shareholder Sumner Redstone.
Read more
UPDATE 1-Boeing defends Iran jet deal as new details emerge
June 23 (Reuters) - Boeing Co defended dealings with
Iran on Thursday as further details emerged of a draft deal to
sell or lease 109 aircraft to the country's main carrier.
Read more
Iran on Thursday as further details emerged of a draft deal to
sell or lease 109 aircraft to the country's main carrier.
Read more
Boeing's deal with Iran to include broad range of jets
PARIS/ANKARA, June 23 (Reuters) - A provisional deal calling
for Boeing to supply a total of 109 aircraft to Iran includes
small and large jetliners worth $20.37 billion at list prices,
both sold directly and leased, two people with knowledge of the
deal, including a senior Iranian official, said on Thursday,
Read more
for Boeing to supply a total of 109 aircraft to Iran includes
small and large jetliners worth $20.37 billion at list prices,
both sold directly and leased, two people with knowledge of the
deal, including a senior Iranian official, said on Thursday,
Read more
BRIEF-Costco Teamsters in New York,New Jersey,Maryland join Western Conference Pension Plan
* Teamsters working at costco in new york,new
jersey,maryland ratified agreement to be covered by western
conference of teamsters pension plan
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
jersey,maryland ratified agreement to be covered by western
conference of teamsters pension plan
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
UPDATE 1-Aera Energy says it was not owner of spilled California oil
HOUSTON, June 23 (Reuters) - Aera Energy, which is owned by
affiliates of Shell and Exxon Mobil, said on
Thursday it was not the owner of some 700 barrels of oil that
spilled in Ventura, California on Thursday.
Read more
affiliates of Shell and Exxon Mobil, said on
Thursday it was not the owner of some 700 barrels of oil that
spilled in Ventura, California on Thursday.
Read more
UPDATE 1-San Francisco sets vote on soda tax amid battle on health warnings
NEW YORK, June 23 (Reuters) - San Francisco residents will
have a second chance to vote on whether to tax soda after city
officials this week added the measure to a November ballot that
could result in more of the Bay Area being subject to the
controversial levy.
Read more
have a second chance to vote on whether to tax soda after city
officials this week added the measure to a November ballot that
could result in more of the Bay Area being subject to the
controversial levy.
Read more
Canada's Dominion Diamond says fire contained at Ekati plant
TORONTO, June 23 (Reuters) - Dominion Diamond Corp
said on Thursday that it has contained a fire that broke out at
its Ekati diamond mine processing plant in Canada's Northwest
Territories, and that the workers have been evacuated.
Read more
said on Thursday that it has contained a fire that broke out at
its Ekati diamond mine processing plant in Canada's Northwest
Territories, and that the workers have been evacuated.
Read more
UPDATE 1-Canada oil output to jump 28 pct by 2030, transport an issue - industry
CALGARY, June 23 (Reuters) - Oil output from Canada's vast
reserves is set to outpace infrastructure to bring that crude to
market in coming years, the Canadian Association of Petroleum
Producers (CAPP) said on Thursday, even as it scaled back its
long-term growth forecast.
Read more
reserves is set to outpace infrastructure to bring that crude to
market in coming years, the Canadian Association of Petroleum
Producers (CAPP) said on Thursday, even as it scaled back its
long-term growth forecast.
Read more
CANADA STOCKS-TSX rises to near two-week high on bets Britain stays in EU
TORONTO, June 23 (Reuters) - Canada's benchmark stock index
hit a nearly two-week high on Thursday, led by financial and
energy stocks after a series of last-minute opinion polls
pointed to Britain staying in the European Union and bookmakers'
odds indicated a shift toward the "Remain" camp.
Read more
hit a nearly two-week high on Thursday, led by financial and
energy stocks after a series of last-minute opinion polls
pointed to Britain staying in the European Union and bookmakers'
odds indicated a shift toward the "Remain" camp.
Read more
CORRECTED-Oil in California pipeline leak owned by affiliates of Shell, Exxon Mobil
HOUSTON, June 23 (Reuters) - Oil that leaked from the
Crimson Pipeline system in Ventura County, California on
Thursday belongs to Aera Energy, which is owned by affiliates of
Shell and Exxon Mobil, according to Aera's web
site and a local official.
(Reporting by Liz Hampton; Editing by Terry Wade)
Read more
Crimson Pipeline system in Ventura County, California on
Thursday belongs to Aera Energy, which is owned by affiliates of
Shell and Exxon Mobil, according to Aera's web
site and a local official.
(Reporting by Liz Hampton; Editing by Terry Wade)
Read more
BRIEF-Carmat begins CE Certification process for its artificial heart
* Carmat has begun, with Dekra, the ce certification process
for its bioprosthetic artificial heart
Read more
for its bioprosthetic artificial heart
Read more
Bank Leumi lowers stake in Kenon Holdings to 6.95 pct
TEL AVIV, June 23 (Reuters) - Israel's Bank Leumi
sold a 7.08 percent stake in Kenon Holdings for 159
million shekels ($41.6 million) to Ansonia Holdings Singapore,
reducing its stake in the holding company to 6.95 percent.
Read more
sold a 7.08 percent stake in Kenon Holdings for 159
million shekels ($41.6 million) to Ansonia Holdings Singapore,
reducing its stake in the holding company to 6.95 percent.
Read more
BRIEF-Volkswagen said to pay diesel owners up to $7,000, fund clean-air grants - Bloomberg
* Volkswagen AG said to pay diesel owners up to $7,000;
under $10 billion settlement being negotiated- Bloomberg, citing
sources
Read more
under $10 billion settlement being negotiated- Bloomberg, citing
sources
Read more
BRIEF-Whiting Petroleum Corporation announces exchanges of $1.06 bln of notes for new mandatory convertible notes
* Whiting Petroleum Corporation announces exchanges of $1.06 billion of
notes for new mandatory convertible notes
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
notes for new mandatory convertible notes
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
BRIEF-Bombardier JV awarded contract extension for 10 commuter trains and maintenance services in Perth
* Bombardier joint venture awarded contract extension for 10
commuter trains and maintenance services in perth, australia
Read more
commuter trains and maintenance services in perth, australia
Read more
BRIEF-Enernoc appoints William Sorenson CFO; Neil Moses to retire in 2017
* Enernoc appoints william sorenson chief financial officer;
neil moses to retire in 2017
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
neil moses to retire in 2017
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
UPDATE 1-BlackBerry reports first-quarter revenue slump
TORONTO, June 23 (Reuters) - BlackBerry Ltd <BBRY.O)
posted a bigger-than-expected fall in first-quarter revenue on
Thursday, but forecast full- year results above market
expectations.
Read more
posted a bigger-than-expected fall in first-quarter revenue on
Thursday, but forecast full- year results above market
expectations.
Read more
UPDATE 2-Brazil police arrest former Planning Minister Bernardo
BRASILIA, June 23 (Reuters) - Brazil police on Thursday said
they arrested former Minister Paulo Bernardo, who was indicted
earlier this year, and raided Workers Party offices in the
latest stage of a massive corruption probe.
Read more
they arrested former Minister Paulo Bernardo, who was indicted
earlier this year, and raided Workers Party offices in the
latest stage of a massive corruption probe.
Read more
US STOCKS-Futures touch month-high as Bremain seen likely
June 23 (Reuters) - U.S. stock index futures were at their
highest level in a month on Thursday as investors saw an
increased chance of Britain remaining in the European Union, a
scenario that would avert a possible financial crisis.
Read more
highest level in a month on Thursday as investors saw an
increased chance of Britain remaining in the European Union, a
scenario that would avert a possible financial crisis.
Read more
BRIEF-Accenture Q3 earnings per share $1.30 excluding items
* Accenture plc says consulting net revenues for quarter
were $4.62 billion, an increase of 12 percent in u.s. Dollars
Read more
were $4.62 billion, an increase of 12 percent in u.s. Dollars
Read more
Russia's Quadra chairman Dod may face more charges - investigators
MOSCOW, June 23 (Reuters) - Chairman of Russian electricity
producer Quadra Yevgeny Dod may face more charges, the Russian
Investigative Committee said in a statement on Thursday.
Read more
producer Quadra Yevgeny Dod may face more charges, the Russian
Investigative Committee said in a statement on Thursday.
Read more
RUSSIA'S ULYUKAYEV SAYS DOES NOT RULE OUT THAT VEB COULD SELL GAZPROM'S ADRS BACK TO GAZPROM
RUSSIA'S ULYUKAYEV SAYS DOES NOT RULE OUT THAT VEB COULD SELL
GAZPROM'S ADRS BACK TO GAZPROM
Read more
GAZPROM'S ADRS BACK TO GAZPROM
Read more
Germany embraces glitzy offices to shake up corporate culture
MUNICH/HERZOGENAURACH, Germany, June 23 (Reuters) - Major
German companies are investing in ambitious new buildings
designed to attract top staff and encourage innovation, seeking
to create a more dynamic corporate culture and keep pace with
U.S. rivals despite investor concerns about the cost.
Read more
German companies are investing in ambitious new buildings
designed to attract top staff and encourage innovation, seeking
to create a more dynamic corporate culture and keep pace with
U.S. rivals despite investor concerns about the cost.
Read more
AstraZeneca takes $80 mln hit as U.S. spurns nasal flu vaccine
LONDON, June 23 (Reuters) - AstraZeneca said it
would take an $80 million writedown on stocks of its flu vaccine
Flumist Quadrivalent, which is sprayed into the nose, after U.S.
health authorities decided they would not use the product.
Read more
would take an $80 million writedown on stocks of its flu vaccine
Flumist Quadrivalent, which is sprayed into the nose, after U.S.
health authorities decided they would not use the product.
Read more
Nikkei rises on short-covering, volumes second lowest this year
TOKYO, June 23 (Reuters) - Japanese shares prices rose on
Thursday as investors covered short positions ahead of Britain's
referendum, which could shape both Britain's economic future and
that of the wider European integration project.
Read more
Thursday as investors covered short positions ahead of Britain's
referendum, which could shape both Britain's economic future and
that of the wider European integration project.
Read more
Wednesday, June 22, 2016
UK Stocks-Factors to watch on June 23
June 23 (Reuters) - Britain's FTSE 100 index is seen opening up
about 45, or 0.7 percent higher, according to financial bookmakers, on the day
of a crucial vote by the British public on the UK's membership in the European
Union.
* The UK blue chip index closed up 0.56 percent higher on Wednesday at
6,261.19 points.
* OIL: Oil prices rose in Asian trading on Thursday, shrugging off a
smaller-than-expected decline in U.S. stockpiles, as the market nervously
awaited the result of Brit
Read more
about 45, or 0.7 percent higher, according to financial bookmakers, on the day
of a crucial vote by the British public on the UK's membership in the European
Union.
* The UK blue chip index closed up 0.56 percent higher on Wednesday at
6,261.19 points.
* OIL: Oil prices rose in Asian trading on Thursday, shrugging off a
smaller-than-expected decline in U.S. stockpiles, as the market nervously
awaited the result of Brit
Read more
PRESS DIGEST - Wall Street Journal - June 23
June 23 (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
Payments app Circle raises $60 mln in China expansion
LONDON, June 23 (Reuters) - U.S.-based payments app Circle
has raised $60 million from Chinese investors and launched a
company in China, as it seeks to expand in the world's
second-largest economy.
Read more
has raised $60 million from Chinese investors and launched a
company in China, as it seeks to expand in the world's
second-largest economy.
Read more
UPDATE 1-U.S. House Democrats broadcast 'sit-in' on social media after cameras shut down
June 22 (Reuters) - Democrats demanding action on gun
control turned to Twitter's Periscope and Facebook's
live video platform to broadcast their "sit-in" on the
floor of the U.S. House of Representatives on Wednesday after
the chamber's cameras shut down.
Read more
control turned to Twitter's Periscope and Facebook's
live video platform to broadcast their "sit-in" on the
floor of the U.S. House of Representatives on Wednesday after
the chamber's cameras shut down.
Read more
Nikkei edges up in choppy trade, investors wary before Brexit vote
TOKYO, June 23 (Reuters) - Japanese stocks edged up in
choppy trade on Thursday morning as investors held their breath
before Britain votes to decide whether to remain part of the
European Union.
Read more
choppy trade on Thursday morning as investors held their breath
before Britain votes to decide whether to remain part of the
European Union.
Read more
WRAPUP 2-Behind Tesla carnage, signs of support for Musk's SolarCity deal
June 22 (Reuters) - Some of Tesla Motor Inc's
biggest investors have signaled support for CEO Elon Musk's plan
to buy solar power company SolarCity Corp, although the
electric car maker's stock cratered on Wednesday, lopping more
than the $2.8 billion value of the proposed deal off Tesla's
market capitalization.
Read more
biggest investors have signaled support for CEO Elon Musk's plan
to buy solar power company SolarCity Corp, although the
electric car maker's stock cratered on Wednesday, lopping more
than the $2.8 billion value of the proposed deal off Tesla's
market capitalization.
Read more
San Francisco goes for soda tax after victory on health warnings
NEW YORK, June 22 (Reuters) - San Francisco is to have a
second chance to vote on whether to tax soda after city
officials this week added the measure to a November ballot that
could expand the hotly-debated levy deeper into the Bay Area.
Read more
second chance to vote on whether to tax soda after city
officials this week added the measure to a November ballot that
could expand the hotly-debated levy deeper into the Bay Area.
Read more
Brazil's Oi says U.S. tribunal approves bankruptcy protection request
RIO DE JANEIRO, June 22 (Reuters) - Brazilian telecoms
provider Oi SA said on Wednesday a U.S. tribunal
approved its request for Chapter 15 bankruptcy protection.
Read more
provider Oi SA said on Wednesday a U.S. tribunal
approved its request for Chapter 15 bankruptcy protection.
Read more
BRIEF-Baytex Energy says some units have got tax reassessments from CRA
* Indirect subsidiary entities have received reassessments
from Canadian Revenue Agency that deny non-capital loss
deductions relevant to calculation of income taxes for years
2011 through 2015
Read more
from Canadian Revenue Agency that deny non-capital loss
deductions relevant to calculation of income taxes for years
2011 through 2015
Read more
BRIEF-Eleven Biotherapeutics to cut a portion of co's workforce
* Eleven Biotherapeutics Inc says on June 16 board approved
a strategic restructuring to eliminate a portion of co's
workforce
Read more
a strategic restructuring to eliminate a portion of co's
workforce
Read more
Political rumors help PDVSA bonds rally
NEW YORK, June 22 (IFR) - Bonds issued by Venezuelan oil
company PDVSA rallied Wednesday after a former Caracas mayor was
quoted discussing the possibility of President Nicolas Maduro's
resignation.
Read more
company PDVSA rallied Wednesday after a former Caracas mayor was
quoted discussing the possibility of President Nicolas Maduro's
resignation.
Read more
US STOCKS-Wall St flat, all eyes on Brexit vote
* Indexes down: Dow 0.2 pct, S&P 0.06 pct, Nasdaq 0.06 pct
(Updates prices, changes byline)
Read more
(Updates prices, changes byline)
Read more
UPDATE 1-MOVES-Deutsche Bank hires Nessel to head US high-yield trading
NEW YORK, June 22 (Reuters) - Deutsche Bank has hired James
Nessel to run US high-yield trading, according to sources.
Read more
Nessel to run US high-yield trading, according to sources.
Read more
CarMax turns to online financing as used-car sales hit a bump
June 22 (Reuters) - CarMax Inc, the biggest U.S.
used-car dealer, is banking on a new online financing process to
help offset sluggish demand as cheaper gas prices and a stronger
job market drive sales of new cars.
Read more
used-car dealer, is banking on a new online financing process to
help offset sluggish demand as cheaper gas prices and a stronger
job market drive sales of new cars.
Read more
BRIEF-U.S. investigates Credit Suisse over possible client tax evasion at Israeli unit - WSJ
* U.S. DOJ probe focused on determining whether Credit
Suisse employees in israel helped dual Israeli and U.S. citizens
to evade american taxes - WSJ
Read more
Suisse employees in israel helped dual Israeli and U.S. citizens
to evade american taxes - WSJ
Read more
MOVES-Goldman Sachs hires Cheung from Credit Suisse for loan sales
NEW YORK, June 22 (Reuters) - Goldman Sachs has hired Benji
Cheung from Credit Suisse as a managing director for loan sales,
according to sources.
Read more
Cheung from Credit Suisse as a managing director for loan sales,
according to sources.
Read more
BRIEF-Sharp to begin shipping OLED panels next year, Foxconn Chairman says - Nikkei
* Sharp to begin shipping panels made of advanced organic
light-emitting diode materials next year, Chairman Terry Gou of
Hon Hai Precision said - Nikkei
Read more
light-emitting diode materials next year, Chairman Terry Gou of
Hon Hai Precision said - Nikkei
Read more
CORRECTED-FXCM ups margins once more against Brexit uncertainty
LONDON, June 22 (Reuters) - Online currency broker FXCM
raised required margins for the second time in less
than a month for 18 major FX pairs on Wednesday, advising
clients to put aside more funds against possible losses from
Thursday's UK referendum on EU membership.
Read more
raised required margins for the second time in less
than a month for 18 major FX pairs on Wednesday, advising
clients to put aside more funds against possible losses from
Thursday's UK referendum on EU membership.
Read more
UPDATE 1-Blackstone buys minority stake in hedge fund Marathon
BOSTON, June 22 (Reuters) - Blackstone Group LP, the
world's biggest investor in hedge funds, said on Wednesday that
it bought a minority stake in $13 billion hedge fund Marathon
Asset Management.
Read more
world's biggest investor in hedge funds, said on Wednesday that
it bought a minority stake in $13 billion hedge fund Marathon
Asset Management.
Read more
BlackBerry's top goal to make devices profitable this year -CEO
WATERLOO, Ontario, June 22 (Reuters) - BlackBerry Ltd's
top priority for this year is making its devices
business profitable, its chief executive said on Wednesday, even
as it weighs the future of its hardware operation.
Read more
top priority for this year is making its devices
business profitable, its chief executive said on Wednesday, even
as it weighs the future of its hardware operation.
Read more
Russia says opens criminal case against chairman of Quadra
MOSCOW, June 22 (Reuters) - Russia's Investigative
Committee, the state body that investigates crimes, said on
Wednesday it had opened a criminal case against the chairman of
power company Quadra, which is controlled by Russian
billionaire Mikhail Prokhorov.
Read more
Committee, the state body that investigates crimes, said on
Wednesday it had opened a criminal case against the chairman of
power company Quadra, which is controlled by Russian
billionaire Mikhail Prokhorov.
Read more
BRIEF-New Jersey Resources unit enters into note purchase agreement - SEC filing
* On June 21, 2016, New Jersey Natural Gas Co, unit,
institutional investors entered into note purchase agreement
Read more
institutional investors entered into note purchase agreement
Read more
Iran hopes Boeing deal speeds up Airbus contract
DUBAI, June 22 (Reuters) - Iran's Foreign Minister Mohammad
Javad Zarif said on Wednesday he hoped that Tehran's deal with
U.S. planemaker Boeing would pave the way for finalising
another contract with its European rival Airbus.
Read more
Javad Zarif said on Wednesday he hoped that Tehran's deal with
U.S. planemaker Boeing would pave the way for finalising
another contract with its European rival Airbus.
Read more
BRIEF-Trinseo announces $100 million share repurchase program
* Trinseo announces $100 million share repurchase program
Source text for Eikon:
Further company coverage: [TSE.N ]
(Bengaluru Newsroom: +1 646 223 8780)
Read more
Source text for Eikon:
Further company coverage: [TSE.N ]
(Bengaluru Newsroom: +1 646 223 8780)
Read more
BRIEF-Cumulus Media appoints John Abbot as CFO
* Abbot most recently served as executive vice president and chief financial
officer of Telx Holdings Inc
Read more
officer of Telx Holdings Inc
Read more
U.S. industry injured by cold-rolled steel from China, Japan -ITC
WASHINGTON, June 22 (Reuters) - The U.S. International Trade
Commission said on Wednesday it had found that imports of
cold-rolled steel flat products from China are injuring U.S.
producers, paving the way for the institution of final trade
duty orders.
Read more
Commission said on Wednesday it had found that imports of
cold-rolled steel flat products from China are injuring U.S.
producers, paving the way for the institution of final trade
duty orders.
Read more
Tesla's Musk says has "zero doubt" about buying SolarCity
June 22 (Reuters) - Tesla Motors Inc Chief
Executive Elon Musk said he has "zero doubt" about buying
SolarCity Corp and that he should have done it sooner.
Read more
Executive Elon Musk said he has "zero doubt" about buying
SolarCity Corp and that he should have done it sooner.
Read more
BRIEF-Imax says co, Cineworld sign five-theatre agreement
* Under terms of agreement, theatres will be installed in
new multiplexes in uk and across other european markets
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
new multiplexes in uk and across other european markets
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
BRIEF-Adcare Health says New Beginnings Care becomes debtor in possession
* New beginnings care, llc became a debtor in possession in
a series of bankruptcy cases jointly administered under new
beginnings care, llc, et al., bankr. e.d. Tn chattanooga
division
Read more
a series of bankruptcy cases jointly administered under new
beginnings care, llc, et al., bankr. e.d. Tn chattanooga
division
Read more
BRIEF-Universal American says sale of traditional insurance business to close in Q3, 2016
* Sale of traditional insurance business to nassau
reinsurance group holdings, l.p. Is expected to close in q3 of
2016
Read more
reinsurance group holdings, l.p. Is expected to close in q3 of
2016
Read more
BRIEF-Changchun Sinoenergy gets approval to acquire Canada's Long Run Exploration
* Says it gets Canadian investment authority's approval to
acquire Canada's Long Run Exploration Ltd
Read more
acquire Canada's Long Run Exploration Ltd
Read more
European shares propped up by firmer bank stocks
LONDON, June 22 (Reuters) - European shares gained ground on
Wednesday, with two key regional indexes touching their highest
level in more than two weeks, as firmer financial stocks propped
up markets.
Read more
Wednesday, with two key regional indexes touching their highest
level in more than two weeks, as firmer financial stocks propped
up markets.
Read more
GLOBAL MARKETS-Stocks, sterling inch up as Brexit vote looms, Yellen cools rate talk
LONDON, June 22 (Reuters) - Stocks and sterling rose while
traditional safe-haven assets gold and bonds slipped on
Wednesday, as investors were guardedly optimistic about a
"Remain" vote in Britain's European Union referendum later this
week.
Read more
traditional safe-haven assets gold and bonds slipped on
Wednesday, as investors were guardedly optimistic about a
"Remain" vote in Britain's European Union referendum later this
week.
Read more
RPT-UBS warns Brexit volatility may affect trading after EU vote
LONDON, June 21 (Reuters) - Swiss investment bank UBS warned
its clients on Tuesday it may fail to execute some orders on its
electronic trading platform should this week's Brexit referendum
affect liquidity or cause extreme volatility.
Read more
its clients on Tuesday it may fail to execute some orders on its
electronic trading platform should this week's Brexit referendum
affect liquidity or cause extreme volatility.
Read more
China weighs on 2015 global industrial robot sales growth
MUNICH, Germany, June 22 (Reuters) - Global industrial robot
sales growth slowed to 12 percent in 2015 weighed by a sharp
fall in top buyer China, data from the International Federation
of Robotics (IFR) showed on Wednesday.
Read more
sales growth slowed to 12 percent in 2015 weighed by a sharp
fall in top buyer China, data from the International Federation
of Robotics (IFR) showed on Wednesday.
Read more
Tuesday, June 21, 2016
Cars vs Autobots: Disney sues China firms in copyright dispute
SHANGHAI, June 22 (Reuters) - Walt Disney Co has
taken three Chinese firms to court over concerns local animation
"The Autobots" copied elements from Disney's own hit movie
"Cars", as the U.S. firm looks to protect its drive into the
world's second-largest economy.
Read more
taken three Chinese firms to court over concerns local animation
"The Autobots" copied elements from Disney's own hit movie
"Cars", as the U.S. firm looks to protect its drive into the
world's second-largest economy.
Read more
Twilio looks to brave Brexit jitters with U.S. IPO
June 22 (Reuters) - Communications software provider Twilio
Inc is expected to price its $140 million U.S. initial
public offering on Wednesday, a rare technology stock market
debut, one day before Britain holds a referendum on its European
Union membership.
Read more
Inc is expected to price its $140 million U.S. initial
public offering on Wednesday, a rare technology stock market
debut, one day before Britain holds a referendum on its European
Union membership.
Read more
Blackout risk raises concerns for Southern California refiners
HOUSTON, June 22 (Reuters) - Refiners in southern California
are bracing for potential disruptions ahead of possible
blackouts this summer after the closure of a key natural gas
field prompted state regulators to warn of power and gas
shortages.
Read more
are bracing for potential disruptions ahead of possible
blackouts this summer after the closure of a key natural gas
field prompted state regulators to warn of power and gas
shortages.
Read more
UPDATE 1-Brazil says banks solid after Oi bankruptcy petition
SAO PAULO, June 21 (Reuters) - The bankruptcy petition of
mobile phone carrier Oi SA, the biggest ever in
Brazil, poses no threat to the country's state banks or the
wider financial system. the finance minister and a central bank
director said on Tuesday.
Read more
mobile phone carrier Oi SA, the biggest ever in
Brazil, poses no threat to the country's state banks or the
wider financial system. the finance minister and a central bank
director said on Tuesday.
Read more
Norwegian oil drilling rig workers agree wage deal, avoid strike
OSLO, June 22 (Reuters) - Workers on Norwegian offshore oil
drilling rigs signed a new wage deal early on Wednesday,
avoiding a strike, labour unions and employers said in separate
statements.
Read more
drilling rigs signed a new wage deal early on Wednesday,
avoiding a strike, labour unions and employers said in separate
statements.
Read more
PRESS DIGEST- British Business - June 22
June 22 (Reuters) - 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
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
GLOBAL MARKETS-Asia stocks steady, sentiment fragile ahead of Brexit vote
TOKYO, June 22 (Reuters) - Asian stocks were steady on
Wednesday as nervous investors counted down to Britain's
make-or-break EU referendum, while Federal Reserve Chair Janet
Yellen's cautious tone on future rate hikes added to a subdued
mood in markets.
Read more
Wednesday as nervous investors counted down to Britain's
make-or-break EU referendum, while Federal Reserve Chair Janet
Yellen's cautious tone on future rate hikes added to a subdued
mood in markets.
Read more
PRESS DIGEST- Financial Times - June 22
June 22 (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
BRIEF-WSI Industries Q3 earnings per share $0.03
* Q3 sales $8.886 million
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom)
Read more
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom)
Read more
BRIEF-Silver Bay Realty Trust appoints Thomas Brock as CEO
* Brock has served as interim President and Chief Executive
Officer of Silver Bay since january 19, 2016
Read more
Officer of Silver Bay since january 19, 2016
Read more
UPDATE 2-Tesla offers to buy solar panel maker SolarCity in deal up to $2.8 bln
June 21 (Reuters) - Elon Musk's Tesla Motors Inc
said on Tuesday it has made an offer to acquire solar panel
maker SolarCity Corp in an all-stock deal worth as much
as $2.8 billion, as the electric car maker looks to expand its
clean energy business.
Read more
said on Tuesday it has made an offer to acquire solar panel
maker SolarCity Corp in an all-stock deal worth as much
as $2.8 billion, as the electric car maker looks to expand its
clean energy business.
Read more
BRIEF-Zargon Oil & Gas announces renewal of credit facilities
* Newed and extended its committed syndicated credit
facilities with a borrowing base of $70 million, down from $88
million
Read more
facilities with a borrowing base of $70 million, down from $88
million
Read more
BRIEF-Mitsubishi Motors sees consolidated net loss of over $956 mln for current FY ending in March - Nikkei
* Mitsubishi Motors' tax burden, related to additional
vehicle tax on behalf of customers, is projected to jump to
between JPY 8 bln - JPY 9 bln this FY - Nikkei
Read more
vehicle tax on behalf of customers, is projected to jump to
between JPY 8 bln - JPY 9 bln this FY - Nikkei
Read more
LATAM CLOSE-No trades price in LatAm primary market
* Arcor mandates banks on dollar bond
* Samarco bonds tumble on possible debt talks
* Banco Pan wraps up debt tender
* Oi bonds slump on bankruptcy filing
By Mike Gambale and Paul Kilby
NEW YORK, June 21 (IFR) - No deals priced in the LatAm primary market on
Tuesday.
Here is a snapshot of LatAm sovereign credit spreads:
SOVEREIGN 6/20 6/17 6/16 1D 10D YTD 2015/16 HIGH
ARGENTINA 484 498 506 -14 9 - -
BARBADOS
Read more
* Samarco bonds tumble on possible debt talks
* Banco Pan wraps up debt tender
* Oi bonds slump on bankruptcy filing
By Mike Gambale and Paul Kilby
NEW YORK, June 21 (IFR) - No deals priced in the LatAm primary market on
Tuesday.
Here is a snapshot of LatAm sovereign credit spreads:
SOVEREIGN 6/20 6/17 6/16 1D 10D YTD 2015/16 HIGH
ARGENTINA 484 498 506 -14 9 - -
BARBADOS
Read more
LPC: Unknown buyer of leveraged loans causes market intrigue
NEW YORK, June 21 (Reuters) - A mysterious buyer is causing
a stir in the US leveraged loan market.
Read more
a stir in the US leveraged loan market.
Read more
BRIEF-Kroger names Valerie Jabbar President of Ralphs division
* Kroger announces retirement of Donna Giordano, promotes
Valerie Jabbar, new President Of Ralphs
Read more
Valerie Jabbar, new President Of Ralphs
Read more
Subscribe to:
Posts (Atom)