Sunday, May 1, 2016

PRESS DIGEST- Financial Times - May 2

May 2 (Reuters) - The following are the top stories in the

Financial Times. Reuters has not verified these stories and does

not vouch for their accuracy.

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PRESS DIGEST- British Business - May 2

May 2 - 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.

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RPT-INSIGHT-How France sank Japan's $40 bln Australian submarine dream

TOKYO/PARIS/SYDNEY, April 29 (Reuters) - In 2014, a

blossoming friendship between Australian Prime Minister Tony

Abbott and his Japanese counterpart Shinzo Abe looked to have

all but sewn up a $40 billion submarine deal. Then French naval

contractor DCNS hatched a bold and seemingly hopeless plan to

gatecrash the party.

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Uber drivers in New York form labor association

May 1 (Reuters) - Uber drivers in New York state have formed

an association to strengthen their hand in dealing with the

ride-sharing service, labor leaders said on Sunday, days after

the company agreed to a $100 million settlement with drivers in

two other states.

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RPT-Wall St Week Ahead-With weak earnings in tow, focus turns to jobs data

NEW YORK, May 1 (Reuters) - Coming off a barrage of flimsy

company earnings reports that included Apple's first revenue

drop in 13 years, investors will turn to April jobs data for

signs of budding resilience or further weakening in the second

quarter.

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French new car registrations rise 7.1 pct in April - CCFA

PARIS, May 1 (Reuters) - French new car registrations rose

7.1 percent year-on-year in April, with foreign carmakers'

figures up 8.8 percent and domestic ones up 5.7 percent, the

CCFA automobile association said in a statement on Sunday.

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Buffett says hedge funds are a bad deal for investors

April 30 (Reuters) - Warren Buffett nibbled on sweets during

his presentation to shareholders on Saturday but he took a bite

out of hedge fund managers.

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