Saturday, April 30, 2016

BRIEF-AON Plc CEO's FY 2015 total compensation $29.7 mln vs $14 mln in FY 2014

* Ceo regory case's fy 2015 total compensation $29.7 million

versus $14.0 million in fy 2014 - sec filing

Read more

Friday, April 29, 2016

BRIEF-Vtti Energy Partners files for mixed shelf of up to $500 mln

* Files for mixed shelf of up to $500 million - sec filing

Source text : http://1.usa.gov/1YWDt3I

Further company coverage:

(Bengaluru Newsroom; +1 646 223 8780)

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BRIEF-Cyclacel Pharmaceuticals files for mixed shelf of up to $53.6 mln - SEC Filing

* Files for mixed shelf of up to $53.6 million - sec filing

Source text (http://1.usa.gov/1pQ9azJ)

Further company coverage:

(Bengaluru Newsroom; +1 646 223 8780; )

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German transport minister urges foreign diesel recalls -Sueddeutsche

FRANKFURT, April 29 (Reuters) - German transport minister

Alexander Dobrindt urged foreign carmakers and vehicle testing

authorities to cooperate with Germany to clamp down on diesel

emissions by...

Read more

BRIEF-Peabody Energy Corp CEO FY 2015 total compensation $4.8 mln

* Ceo Glenn L. Kellow's fy 2015 total compensation $4.8

million versus $5.6 million in fy 2014 - sec filing

Read more

BRIEF-Fidelity National Financial says CEO Raymond Quirk's FY 2015 total compensation $7.1 mln vs $9.1 mln in 2014

* CEO Raymond Quirk's FY 2015 total compensation $7.1

million versus $9.1 million in FY 2014 - SEC filing

Source text for Eikon:

Further company coverage:

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

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BRIEF-Ollie's Bargain Outlet files for common stock offering

* In the common stock offering, selling stockholders

offering 10.0 million shares of co's common stock

Read more

UPDATE 1-Western Pennsylvania natgas pipeline explodes, injuring one

April 29 (Reuters) - A natural gas pipeline outside

Pittsburgh exploded on Friday, setting off a fire that destroyed

a home, injuring one person inside it and forcing the evacuation

of nearby...

Read more

BRIEF-Time Warner Inc CEO Bewkes' 2015 compensation $31.5 mln - SEC filing

* CEO Jeffrey L. Bewkes' 2015 total compensation $31.5

million versus $32.9 million in 2014 - SEC filing

Read more

UPDATE 1-EU watchdog says clearing houses resilient, tougher daily checks needed

LONDON, April 29 (Reuters) - Clearing houses for derivatives

in the European Union must use tougher assumptions when checking

their daily resilience to market shocks and defaults by members,

the...

Read more

BRIEF-Amira Nature Foods says filed an amended formal complaint against Prescience Point LLC

* Filed an amended formal complaint in United States

District Court in the Southern District of New York against

Prescience Point LLC

Read more

CN Rail struggled with track improvements after fiery derailments

NEW YORK, April 29 (Reuters) - Canada's biggest railway

struggled to keep some heavily used track in adequate repair

even after a string of derailments last year showed the danger

of moving oil on...

Read more

MOVES-Goldman's co-head of global fixed income sales Ariburnu to leave bank: memo

April 29 (Reuters) - Goldman Sachs Group Inc's

co-head of global fixed-income, currency and commodities sales

Dalinc Ariburnu, is retiring from the bank.

Read more

BRIEF-CVR Energy Inc says CEO'S 2015 total compensation was $8.2 mln

* CEO John J. Lipinski's 2015 total compensation was $8.2

million versus $3.9 million in 2014 - SEC filing

Source text for Eikon:

Further company coverage:

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UPDATE 1-Hedge fund managers Crispin Odey and Paul Marshall say Brexit would help London

LONDON, April 29 (Reuters) - More than 100 executives from

Britain's financial services industry, including hedge fund

managers Crispin Odey and Paul Marshall, have signed a letter

backing Britain's...

Read more

BRIEF-Liberty Global PLC - CEO's 2015 total comepnsation was $27.7 mln

* Ceo Michael T. Fries' 2015 total comepnsation was $27.7

million versus $112.2 million in 2014 - SEC filing

Read more

British financiers Odey, Hargreaves and Marshall say Brexit would help London

LONDON, April 29 (Reuters) - The main campaign group seeking

to get Britain out of the European Union at a referendum in

June said more than 100 executives from Britain's financial

services industry...

Read more

BRIEF-European regulators recommends approval of Gilead's new HIV treatment

* EU Medicines Agency recommends approval of Biogen Inc

and AbbVie Inc's daclizumab to treat multiple

sclerosis

Read more

BRIEF-Teva says FDA has approved ProAir RespiClick

* Teva announces fda approval of proair respiclick

(albuterol sulfate) inhalation powder for pediatric asthma

patients ages 4 to 11

Read more

Bank bail-in rules may require changes for retail investment- ECB's Nouy

BRUSSELS, April 29 (Reuters) - The European Central Bank's

chief supervisor said new bail-in rules for winding down banks

may require some restrictions to be imposed on investment

opportunities for...

Read more

Norway's wealth fund eyes to ban extra 40 firms due coal, mostly power producers

OSLO, April 29 (Reuters) - Norway's $868-billion wealth fund

is looking at excluding some 40 companies from its investments

due to their use of coal, with these companies being mostly

power producers...

Read more

UPDATE 1-Telefonica's profits hit by currency changes, focus on O2

MADRID, April 29 (Reuters) - Spain's Telefonica

reported on Friday a 6.7 percent drop in first-quarter core

profits to 3.376 billion euros ($3.85 billion), broadly in line

with forecasts as lower...

Read more

UPDATE 1-Norway's Telenor CFO, legal director resign over Vimpelcom case

OSLO, April 29 (Reuters) - The chief financial officer and

legal director of Norwegian telecoms firm Telenor have

resigned after a report by auditing firm Deloitte found

weaknesses in the company's...

Read more

Norway's Telenor CFO, legal director resign

OSLO, April 29 (Reuters) - The chief financial officer and

legal director of telecoms firm Telenor have resigned

following the conclusion of an external report into how Telenor

handled allegations of...

Read more

BRIEF-SABMiller says AB InBev to sell some of SAB's asset for EU nod

* AB InBev updates package of commitments with offer to

divest SABMiller's central and eastern european operations

Read more

Thursday, April 28, 2016

Mexico Senate names new commissioners to energy regulators

MEXICO CITY, April 28 (Reuters) - Mexico's Senate on

Thursday named new commissioners to the country's two energy

regulators and a new independent adviser for national oil

company Pemex.

Read more

RPT-Credit Suisse boss Thiam must show turnaround plan on track

LONDON/ZURICH, April 28 (Reuters) - Credit Suisse

investors want answers from CEO Tidjane Thiam about his

turnaround plan in the wake of $1 billion of unexpected trading

writedowns at the bank,...

Read more

PRESS DIGEST- British Business - April 29

April 29 - 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

BRIEF-Alere obtains requisite lender approval for extension to file Form 10

* Announces certain developments relating to the pending

merger transaction with abbott laboratories

Read more

BRIEF-Republic of Turkey files for potential notes offering

* Republic Of Turkey Files For Potential Notes Offering;

Size Not Disclosed - SEC filing

Source text for Eikon: (http://1.usa.gov/1QDGX57)

Further company coverage: [Republic of Turkey]

(Bengaluru...

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BRIEF-Paypal Holdings says received CID from FTC on March 28 - SEC Filing

* On March 28, received CID from FTC to determine if co,

through Venmo service, is engaged in deceptive practices in

violation of FTC act

Read more

LPC/IFR: Managers choose dual compliance as U.S. risk-retention rules loom

NEW YORK, April 28 (Reuters) - With U.S. rules forcing

managers to hold onto a portion of their fund's risk set to go

into effect this year, some firms have chosen to make their

deals compliant with...

Read more

UPDATE 2-Regulators in talks with NY, NJ Port Authority over road, tunnel probe

April 28 (Reuters) - Securities regulators are in

discussions with the Port Authority of New York and New Jersey

over a "potential resolution" of their investigation into

multiple road and tunnel...

Read more

UPDATE 3-Priceline CEO resigns over relationship with employee

April 28 (Reuters) - Priceline Group Inc said on

Thursday that Chief Executive Darren Huston has resigned,

effective immediately, after an investigation found that his

personal relationship with an...

Read more

REFILE-YOUR MONEY-Cyber bullying delivers a punch to consumer wallets

NEW YORK, April 28 (Reuters) - Anyone who has had

embarrassing photos posted on social media or been deluged with

angry messages can attest to the high emotional cost of cyber

bullying. But there is...

Read more

UPDATE 1-Keycorp, First Niagara to sell 18 branches in New York

WASHINGTON, April 28 (Reuters) - Cleveland-based KeyCorp

and First Niagara Financial Group Inc will sell

18 First Niagara branches in and around Buffalo, New York, to

resolve antitrust concerns tied...

Read more

Acadia drug approval could clear way for Axovant dementia therapy

April 28 (Reuters) - An imminent ruling on Acadia

Pharmaceuticals Inc's drug for Parkinson's disease

psychosis is being closely watched by a Bermuda-based company

with a similar treatment for...

Read more

CME Group sees $5 mln savings a year from shutting New York floor

CHICAGO, April 28 (Reuters) - CME Group Inc will

save $5 million a year by shutting its New York trading floor,

the chief financial officer said on Thursday, as the futures

market operator works to...

Read more

BRIEF-EDAP receives brazilian regulatory approval for Focal One HIFU device

* EDAP receives brazilian regulatory approval for Focal One

HIFU device

Read more

Credit Suisse boss Thiam must show turnaround plan on track

LONDON/ZURICH, April 28 (Reuters) - Credit Suisse

investors want answers from CEO Tidjane Thiam about his

turnaround plan in the wake of $1 billion of unexpected trading

writedowns at the bank,...

Read more

BRIEF-Fidelity Bank responds to media reports

* Refers to reports in the media on investigations into

transactions undertaken by the bank in 2015

Read more

RBS says may miss end-2017 deadline to carve out Williams & Glyn

LONDON, April 28 (Reuters) - Part-nationalised Royal Bank of

Scotland said on Thursday it risked missing an end-2017

deadline to sell its Williams & Glyn brand, a condition of its

crisis-era bailout.

Read more

BRIEF-Time Warner Cable says "We expect the merger to close next month" - Conf call on Charter merger

* Says "We now await the decision of the FCC and the

California PUC" - Conf call on Charter merger

Read more

UPDATE 2-EU calculation for handing out free carbon permits flawed - court

* Effect on carbon market expected to be muted

(Adds Commission comment, details of reform policy options)

Read more

PRESS DIGEST- Canada - April 28

April 28 (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

EU parliament approves rules to stop market benchmarks rigging

LONDON, April 28 (Reuters) - The first set of European Union

rules to avoid further attempts by banks and brokers to rig

currency markets and interest rate benchmarks were approved on

Thursday.

Read more

COLUMN-Tapping retirement accounts early: the ins and outs

CHICAGO, April 28 (Reuters) - 401(k) accounts are not

designed as piggy banks to be tapped for nonretirement expenses.

But stuff happens.

Read more

UPDATE 2-Deutsche Bank posts surprise profit, beats expectations

FRANKFURT, April 28 (Reuters) - Deutsche Bank

posted a surprise net profit in the first quarter that was

helped by lower litigation costs, but Chief Executive John Cryan

warned investors not to...

Read more

Citi drops out of $1.5 bln financing of Americana sale -sources

DUBAI, April 28 (Reuters) - Citigroup has dropped out

of the group of banks providing a $1.5 billion bridge loan to

Gulf-based Adeptio for its proposed purchase of a majority stake

in Kuwait Food Co...

Read more

UPDATE 1-Citi drops out of $1.5 bln financing of Americana sale -sources

* Loan amount to be covered by other banks

(Adds detail, context)

Read more

UPDATE 1-Moody's says it will appeal against HK tribunal decision on "red flags" report

* Moody's served notice in Hong Kong Court of Appeal this

week

Read more

Wednesday, April 27, 2016

UPDATE 1-Mitsubishi Motors says U.S. models compliant, shares regain some ground

* But has lost nearly half of market value since scandal

(Recasts with share reaction, adds transport ministry tests)

Read more

BRIEF-Valeant to name 4 new directors as soon as Friday -CNBC, citing DJ

* Valeant to name 4 new directors as soon as Friday as 5

board members step down; departing directors to include

Valueact's Mason Morfit -CNBC, citing DJ

(Bengaluru Newsroom)

Read more

UPDATE 1-Myanmar's Mr Clean says he takes 'red tape road' to profit

YANGON, April 28 (Reuters) - Scaffolding around the 139-year

old Burma Railway Headquarters, a red-brick colonial relic at

the centre of a half billion dollar property development in

central Yangon,...

Read more

Moody's says it will appeal HK tribunal decision on "red flags" report

HONG KONG, April 28 (Reuters) - Moody's Investor Services

said on Thursday it was appealing a tribunal decision that

upheld a Securities and Futures Commission (SFC) disciplinary

action against the...

Read more

UPDATE 1-Valeant to name four new directors as soon as Friday -WSJ

April 27 (Reuters) - Drugmaker Valeant Pharmaceuticals

International Inc is expected to name four new

directors as soon as Friday, the Wall Street Journal reported.

Read more

FBI would gain new hacking power if search warrant rules change

WASHINGTON, April 27 (Reuters) - U.S. judges will be able to

issue search warrants giving law enforcement agents power to

access computers in any jurisdiction, potentially even overseas,

under a...

Read more

BRIEF-Valeant Chairman Robert Ingram also considering leaving the board- CNBC, citing DJ

* Valeant Chairman Robert Ingram also considering leaving

the board- CNBC, citing dow jones

Further company coverage:

Read more

Myanmar's Mr Clean says he takes 'red tape road' to profit

YANGON, April 28 (Reuters) - Scaffolding around the 139-year

old Burma Railway Headquarters, a red-brick colonial relic at

the centre of a half billion dollar property development in

central Yangon,...

Read more

UPDATE 1-Chile court tosses key part of president's labor reform law

SANTIAGO, April 27 (Reuters) - A top court ruled on

Wednesday that key provisions of Chilean President Michelle

Bachelet's landmark labor reform were unconstitutional,

invalidating parts of the...

Read more

BRIEF-Lazard files for potential mixed shelf

* Files for potential mixed shelf; size not disclosed - sec

filing

Source text - http://1.usa.gov/24kVyMC

Further company coverage:

Read more

BRIEF-Ackman to call Valeant board Thursday to discuss drug pricing

April 27 (Reuters) - Valeant Pharmaceuticals International

Inc

Read more

UPDATE 1-Labor agency files complaint against VW on row with UAW in Tennessee

April 27 (Reuters) - The U.S. National Labor Relations Board

on Tuesday filed an unfair labor practices complaint against

Volkswagen AG for not bargaining with a portion of

plant workers at its...

Read more

UPDATE 1-Mitsubishi says U.S. mileage ratings for its cars are correct

WASHINGTON, April 27 (Reuters) - Mitsubishi Motors Corp

, which has admitted manipulating fuel economy tests for

mini-vehicles in Japan, on Wednesday said its vehicles for the

model years 2013 to...

Read more

UPDATE 3-Email privacy bill unanimously passes U.S. House

WASHINGTON, April 27 (Reuters) - The U.S. House of

Representatives voted unanimously on Wednesday to require law

enforcement authorities to get a search warrant before asking

technology companies to...

Read more

BRIEF-Ocular Therapeutix says completes end-of-phase 2 review with FDA for OTX-TP for glaucoma and ocular hypertension

* Says completes end-of-phase 2 review with FDA for OTX-TP

for glaucoma and ocular hypertension

Read more

UPDATE 1-Valeant CEO to tell U.S. Senate he regrets raising heart drug prices

WASHINGTON, April 27 (Reuters) - Outgoing Valeant

Pharmaceuticals Chief Executive Michael Pearson plans

to tell a U.S. Senate panel on Wednesday that it was a "mistake"

to jack up the price of two...

Read more

UPDATE 2-Brazil banks brace for fresh wave of loan refinancing deals

(Adds comments, share performance throughout)

By Guillermo Parra-Bernal

SAO PAULO, April 27 (Reuters) - Brazil's largest listed

lenders are facing a deluge of requests from companies...

Read more

BRIEF-FDA accepts resubmission of new drug application for rayaldee

* FDA accepts resubmission of new drug application for

rayaldee

Read more

BRIEF-Intellia Therapeutics sees IPO of 5 mln shares of common stock

* Sees IPO of 5.0 million shares of common stock - SEC

filing

Read more

BRIEF-Immune Therapeutics says NAFDAC approves Lodonal

* NAFDAC approved lodonal as over counter, non-toxic adjunct

therapy in treatment of HIV/Aids and immune system regulator

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom; +1...

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UPDATE 1-Pfizer to pay $784.6 million to resolve Wyeth false claims lawsuit

WASHINGTON, April 27 (Reuters) - Pfizer Inc has

agreed to pay $784.6 million to resolve allegations that Wyeth,

which it acquired in 2009, underpaid drug rebates to Medicaid,

the federal health...

Read more

GSK finds axing doctor payments needn't torpedo sales

LONDON, April 27 (Reuters) - It has been one of the

pharmaceutical industry's most closely watched experiments: does

ending payments to doctors undermine drug sales?

Read more

Santander Brasil sees limited deterioration in loan book quality

SAO PAULO, April 27 (Reuters) - Loan book quality at Banco

Santander Brasil SA could show limited deterioration in coming

months thanks to strict credit risk assessment policies that are

speeding up...

Read more

Nasdaq's $1.1 bln ISE deal gets U.S. DOJ approval - CEO

NEW YORK, April 27 (Reuters) - Nasdaq Inc's $1.1

bln acquisition of ise from deutsche boerse ag has

received doj approval - CEO

NASDAQ'S ISE DEAL STILL NEEDS U.S. SECURITIES AND EXCHANGE

COMMISSION...

Read more

UPDATE 2-London Stock Exchange says merger with Deutsche Boerse on track

* Analysts question if EU will approve deal

(Adds annual meeting)

Read more

RPT-Valeant CEO to tell U.S. Senate he regrets raising heart drug prices

WASHINGTON, April 27 (Reuters) - Outgoing Valeant

Pharmaceuticals Chief Executive Michael Pearson plans

to tell a U.S. Senate panel on Wednesday that he regrets his

decision to acquire and jack up...

Read more

RPT-Clampdown on trade secret theft seen passing U.S. Congress

WASHINGTON, April 27 (Reuters) - Corporate trade secrets,

including manufacturing processes and computer methods, would

enjoy greater legal protections against theft under legislation

expected to be...

Read more

EU's Tusk calls for Eurogroup on Greece within days

BRUSSELS, April 27 (Reuters) - Euro zone finance ministers

should meet on Greece within days to avoid renewed uncertainty

over the country's ability to finance itself, European Council

President...

Read more

Speculative bubble in China commodity futures rattles industry players

SHANGHAI, April 27 (Reuters) - A surge of volatility in

China's once placid commodities futures markets has rattled

industrial players who use them for hedging, with some taking

losses or cutting...

Read more

BRIEF-Integra Lifesciences says to launch Omnigraft dermal regeneration matrix in June

* Integra lifesciences provides update for omnigraft(tm)

commercialization plans, including expectations for an earlier

launch

Read more

Mitsubishi Motors says no need for financial help at the moment

TOKYO, April 27 (Reuters) - Mitsubishi Motors Corp

on Wednesday said it saw no need to request assistance from

financial backers as it was in a strong financial position to

deal with a fuel economy...

Read more

Broker Tradition to launch collateral trading platform

LONDON, April 27 (Reuters) - Interdealer broker Tradition

will next month launch the first stages of a platform for the

trading of collateral such as government bonds in an effort to

improve...

Read more

Malaysia names new c.bank governor to succeed longtime chief Zeti

KUALA LUMPUR, April 27 (Reuters) - Malaysia said on

Wednesday it has appointed Muhammad Ibrahim as the new governor

of the central bank, after months of market speculation and

uncertainty ahead of...

Read more

UK regulator criticises Asda over promotion tactics

LONDON, April 27 (Reuters) - Wal Mart's British

supermarket Asda has agreed to change the way it operates

promotions after being singled out for criticism by the

competition regulator.

Read more

Tuesday, April 26, 2016

DEALTALK-How some SunEdison creditors scored a safe, lucrative debt deal

April 27 (Reuters) - When a group of hedge funds agreed to

lend $725 million to SunEdison Inc - three months

before it filed for bankruptcy last week - they secured an

unusually generous concession...

Read more

DEALTALK-U.S. companies skeptical of corporate China's advances

April 27 (Reuters) - Chinese life sciences entrepreneur Wei

Zhou submitted a $1.5 billion bid for U.S. gene testing company

Affymetrix last month - topping a $1.3 billion agreed

acquisition by Thermo...

Read more

Clampdown on trade secret theft seen passing U.S. Congress

WASHINGTON, April 27 (Reuters) - Corporate trade secrets,

including manufacturing processes and computer methods, would

enjoy greater legal protections against theft under legislation

expected to be...

Read more

PRESS DIGEST- British Business - April 27

April 27 - 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

Valeant CEO to tell U.S. Senate he regrets raising heart drug prices

WASHINGTON, April 27 (Reuters) - Outgoing Valeant

Pharmaceuticals Chief Executive Michael Pearson plans

to tell a U.S. Senate panel on Wednesday that he regrets his

decision to acquire and jack up...

Read more

U.S. Treasury anti-laundering head to join HSBC -sources

ST. LOUIS, April 26 (Reuters) - The U.S. Treasury

Department's top anti-money laundering official is resigning to

take what sources said on Tuesday was a top post at HSBC

Holdings Plc, which is...

Read more

UPDATE 2-In bold move, U.S. Steel launches campaign to stop China imports

NEW YORK, April 26 (Reuters) - U.S. Steel Corp has

launched a campaign to prevent imports from China's largest

steel producers, it said on Tuesday, the boldest step yet by a

U.S. company as a trade...

Read more

BRIEF-Staples CEO FY 2015 total compensation was $9.9 million

* Ceo ronald l. Sargent's fy 2015 total compensation was

$9.9 million versus $12.4 million in fy 2014 - sec filing

Read more

UPDATE 1-U.S. EPA orders Mitsubishi to conduct new vehicle testing

WASHINGTON, April 26 (Reuters) - The U.S. Environmental

Protection Agency said on Tuesday it ordered Mitsubishi Motors

Corp to provide additional information and conduct new

tests of U.S. vehicles...

Read more

Collegium Pharma's opioid painkiller wins U.S. approval

Collegium Pharmaceutical Inc said on Tuesday its

abuse-deterrent painkiller won full marketing approval from U.S.

health regulators.

Read more

BRIEF-Spirit Airlines CEO Ben Baldanza's fy 2015 total compensation was $2.1 mln

* Ceo b. Ben baldanza's fy 2015 total compensation was $2.1

million versus $6.2 million in fy 2014 - sec filing

Source text : http://1.usa.gov/1Tcj3zx

Further company coverage:

(Bengaluru...

Read more

UPDATE 1-Canada PM says thinking on pipelines has not changed

KANANASKIS, Alberta, April 26 (Reuters) - Canadian Prime

Minister Justin Trudeau said on Tuesday he still opposed a crude

oil pipeline travelling through a British Columbia rainforest

but declined to...

Read more

BRIEF-Roper Technologies CEO's FY 2015 total compensation $23.2 mln

* CEO brian jellison's fy 2015 total compensation $23.2

million versus $22.7 million in fy 2014 - sec filing

Read more

CPPIB supports call for greater transparency at Bombardier

TORONTO, April 26 (Reuters) - jCanada's biggest public

pension fund has come out in support of a shareholder proposal

calling for greater transparency at plane and train maker

Bombardier Inc, despite...

Read more

ECB likely to decide next week to scrap 500-euro bill - source

FRANKFURT, April 26 (Reuters) - The European Central Bank is

likely to decide at its May 4 Governing Council meeting to scrap

the 500-euro ($564) banknote, a source familiar with the

discussion said,...

Read more

UPDATE 1-U.S. House Democrats question if Valeant is withholding records

WASHINGTON, April 26 (Reuters) - Democrats on a powerful

U.S. congressional panel are questioning whether Canada-based

Valeant Pharmaceuticals may be wrongfully withholding

documents in connection...

Read more

UPDATE 2-Indonesia estimates value of Freeport unit two-thirds below offer

* Freeport offered to sell 10.64 pct stake at $1.7 bln in

Jan

(Adds Freeport CEO comment)

Read more

U.S. House Democrats question if Valeant is wrongfully withholding records

WASHINGTON, April 26 (Reuters) - Democrats on a powerful

U.S. congressional panel are questioning whether Canada-based

Valeant Pharmaceuticals may be wrongfully withholding

documents in connection...

Read more

UPDATE 2-U.S. proposes rule to shrink big banks' liquidity risk

WASHINGTON, April 26 (Reuters) - The top U.S. banking

regulator on Tuesday released its proposal for establishing a

Net Stable Funding Ratio, a final piece in the puzzle to

strengthen banks'...

Read more

Ex-Barclays boss tells court he did not know of alleged rigging

LONDON, April 26 (Reuters) - Former Barclays executive Eric

Bommensath told a London court on Tuesday that he was not aware

of alleged attempts by traders at the British bank to manipulate

the Libor...

Read more

UPDATE 2-DuPont expects SEC review of Dow deal to end by June 30

* Says filings related to merger on schedule

(Adds CEO comments)

Read more

U.S. proposes bank funding ratio to discourage 'volatile' short-term funding'

WASHINGTON, April 26 (Reuters) - The top U.S. banking

regulator on Tuesday released its proposal for establishing a

Net Stable Funding Ratio, a final piece in the puzzle to

strengthen banks'...

Read more

BRIEF-Philip Morris updates on Thai cigarette imports case

* Philip Morris International updates on cigarette imports

case - sec filing

Read more

DuPont expects SEC to finish review of Dow merger by June

April 26 (Reuters) - DuPont said on Tuesday it

expected the U.S. Securities and Exchange Commission's review of

its proposed merger with Dow Chemical Co would be

completed by the end of June.

Read more

India orders panic button on mobile phones amid women's safety fears

MUMBAI, April 26 (Thomson Reuters Foundation) - All mobile

phones sold in India from January 2017 must have a panic button

enabling the user to call for help, the government has said,

amid concern...

Read more

BRIEF-U.S. FDA approves Rockwell's triferic powder packet

* U.S. FDA approves Rockwell's triferic powder packet for

treating anemia in hemodialysis patients

Read more

UPDATE 1-Google, Ford, Uber join coalition to further self-driving cars

WASHINGTON, April 26 (Reuters) - Alphabet Inc's Google unit

, Ford Motor Co, the ride-sharing service Uber

and two other companies said on Tuesday they are

forming a coalition to push for federal...

Read more

BRIEF-Summit's IND cleared by FDA

* Summit's IND cleared by FDA allowing expansion of phaseout

dmd, a phase 2 clinical trial of ezutromid (smt c1100), into the

us

Source text for Eikon:

Further company coverage:

(Bengaluru...

Read more

Google, Ford, Uber form coalition on self-driving cars

April 26 (Reuters) - Alphabet Inc's Google unit,

Ford Motor Co, Volvo Cars and two ride-sharing companies

said Tuesday they are forming a coalition to urge federal action

on self-driving cars.

Read more

RPT-COLUMN-Mitsubishi, measurement and Goodhart's law: James Saft

April 26 (Reuters) - The Mitsubishi Motors mileage scandal

illustrates a key weakness at the heart of most investment

processes: management by measurement and target setting often

leads to chicanery.

Read more

BRIEF-Office Depot Inc posts Q1 adj. earnings $0.10/shr

* Q1 earnings per share view $0.12 -- Thomson Reuters

I/B/E/S

Read more

BRIEF-Ipsen partner Exelixis obtains FDA approval of CABOMETYX tablets

* Announces that its partner Exelixis obtained FDA

approval of CABOMETYX (cabozantinib) tablets for patients with

advanced renal cell carcinoma who have received prior

anti-angiogenic therapy

Source...

Read more

Thai bank SCB close to hiring Morgan Stanley for insurance unit stake sale -sources

SINGAPORE, April 26 (Reuters) - Siam Commercial Bank (SCB)

, Thailand's No. 3 lender, is close to hiring Morgan

Stanley to advise on a potential sale of a significant

stake in its life insurance...

Read more

REFILE-Thai bank SCB close to hiring Morgan Stanley for insurance unit stake sale -sources

SINGAPORE, April 26 (Reuters) - Siam Commercial Bank (SCB)

, Thailand's No. 3 lender, is close to hiring Morgan

Stanley to advise on a potential sale of a significant

stake in its life insurance...

Read more

Monday, April 25, 2016

Alibaba weighs appeal against HK panel ruling that healthcare deal broke takeover code

HONG KONG, April 26 (Reuters) - Chinese e-commerce giant

Alibaba Group Holding Ltd said it's considering whether

to launch an appeal against a Hong Kong regulator's finding that

it breached takeover...

Read more

PRESS DIGEST- New York Times business news - April 26

April 26 (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

PRESS DIGEST - Wall Street Journal - April 26

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

the Wall Street Journal. Reuters has not verified these stories

and does not vouch for their accuracy.

Read more

Alere receives default notice from bondholder group - Bloomberg

April 25 (Reuters) - Alere Inc received a notice of

default from a group of its bondholders after the diagnostics

company delayed filing its 2015 annual report in March,

Bloomberg reported Monday.

Read more

U.S. panel finds Sarepta muscular dystrophy drug not proven effective

April 25 (Reuters) - An experimental drug to treat Duchenne

muscular dystrophy, a devastating degenerative disease that

mostly affects young boys, was not supported by enough evidence

to prove it is...

Read more

BRIEF-Alere received notice of default from group of bondholders - Bloomberg

* Alere Inc received a notice of default from a group of

bondholders after co delayed filing its 2015 financial statement

- Bloomberg, citing sources

Source text : (http://bloom.bg/1TtAPkC)

Further...

Read more

UPDATE 1-Tilton's Patriarch Partners sued by the Zohar funds she created

April 25 (Reuters) - Patriarch Partners, the private equity

firm of flamboyant investor Lynn Tilton, is being sued for

allegedly refusing to provide financial records to the new

manager of the Zohar...

Read more

UPDATE 1-Citadel tops list of private U.S. trading venues -report

NEW YORK, April 25 (Reuters) - Citadel Securities, one of

the top market makers in U.S. stocks and listed stock options,

runs one of the largest stock trading venues in the country,

according to a...

Read more

UPDATE 3-Canadian regulator approves Enbridge Line 3 with conditions

CALGARY, Alberta, April 25 (Reuters) - Canadian regulators

on Monday recommended the federal government approve Enbridge

Inc's plan to replace one of its major crude oil export

pipelines, but also...

Read more

UPDATE 1-U.S. FDA panel meets to discuss Sarepta muscular dystrophy drug

April 25 (Reuters) - Hundreds of patients and advocates

packed a hotel ballroom in Hyattsville, Maryland, on Monday to

try to persuade advisers to the U.S. Food and Drug

Administration to support...

Read more

Canadian regulator okays Enbridge Line 3, imposes 89 conditions

CALGARY, Alberta, April 25 (Reuters) - Canadian regulators

recommended the federal government approve Enbridge Inc's

Line 3 pipeline replacement project on Monday, but

imposed 89 project-specific...

Read more

BRIEF-Caterpillar Inc says CEO Douglas R. Oberhelman's 2015 total compensation was $15.8 million

* Ceo douglas r. Oberhelman's 2015 total compensation was

$15.8 million versus $15.1 million in 2014 - sec filing

Read more

BRIEF-Abbvie receives U.S. FDA approval of supplemental new drug application for Viekira Pak without Ribavirin

* Abbvie receives u.s. Fda approval of supplemental new drug

application for viekira pak (ombitasvir, paritaprevir, and

ritonavir tablets; dasabuvir tablets) without ribavirin in

genotype 1b chronic...

Read more

U.S. FDA panel meets to discuss Sarepta muscular dystrophy drug

April 25 (Reuters) - Hundreds of patients and advocates

packed a hotel ballroom in Hyattsville, Maryland on Monday to

try to persuade advisors to the U.S. Food and Drug

Administration to support...

Read more

BRIEF-U.S. ends Honda investigation for failure to report deaths - CNBC

* U.S. ends investigation of Honda for failure to report

deaths after carmaker fulfills obligations - CNBC, Citing AP

Source text: (http://bit.ly/23Ve1m3)

(Bengaluru Newsroom +91 80 6749-1130;...

Read more

BRIEF-Knight Therapeutics says received Notice Of Deficiency for its ATryn new drug submission

* Has received a notice of deficiency for its ATryn new drug

submission

Read more

BRIEF-Tesaro announces submission of investigational new drug application

* Tesaro Announces Submission Of Investigational New Drug

Application For Anti Tim-3 antibody tsr-022 to the u.s. Fda

Read more

PRESS DIGEST-Canada - April 25

April 25 (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

UPDATE 2-Ball, Rexam to sell some can plants to get antitrust nod for merger

April 25 (Reuters) - Beverage can makers Ball Corp

and Rexam Plc will sell some of their assets to European

packaging maker Ardagh Group in a deal worth $3.42

billion, as they seek antitrust...

Read more

UPDATE 1-UK Stocks-Factors to watch on April 25

April 25 (Reuters) - Britain's FTSE futures were up 0.06 percent by

0616 GMT on Monday, ahead of the cash market open. For more on the factors

affecting European stocks, please click on

Read more

Ball Corp, Rexam to sell some assets to Ardagh for $3.42 bln

April 25 (Reuters) - Drinks can maker Ball Corp said

it along with British rival Rexam Plc agreed to sell

some assets to Luxembourg-based Ardagh Group for

about $3.42 billion to meet antitrust...

Read more

Sunday, April 24, 2016

UK Stocks-Factors to watch on April 25

April 25 (Reuters) - Britain's FTSE 100 index is seen opening down 8

points, or 0.1 percent, on Monday, according to financial bookmakers. For more

on the factors affecting European stocks, please...

Read more

Alberta premier says Canada PM "aligned" with province on pipelines

KANANASKIS, Alberta, April 24 (Reuters) - Canadian Prime

Minister Justin Trudeau and his cabinet are broadly "aligned"

with Alberta and the need to develop pipelines to get the

region's oil to...

Read more

Canada minister urges new media laws to boost local content -paper

TORONTO, April 23 (Reuters) - Canada's Liberal government is

prepared to overhaul the country's laws governing broadcasting,

media and cultural industries to support local content, Heritage

Minister...

Read more

Saturday, April 23, 2016

EU finmins to consider focusing on spending cap to cut morass of budget rules

AMSTERDAM, April 23 (Reuters) - European Union finance

ministers agreed on Saturday to discuss whether they can regain

some control over a morass of EU budget rules by focusing mainly

on an annual...

Read more

UPDATE 2-U.S. drops N.Y. fight with Apple after gaining access to iPhone

NEW YORK, April 22 (Reuters) - The U.S. Justice Department

on Friday dropped its effort to force Apple Inc to help

unlock an iPhone in a drug case in New York after someone

provided authorities the...

Read more

Friday, April 22, 2016

Look Mao, no hands! China's roadmap to self-driving cars

BEIJING, April 23 (Reuters) - In the race to develop

self-driving cars, the United States and Europe lead in

technology, but China is coming up fast in the outside lane with

a regulatory structure...

Read more

UPDATE 1-U.S. oil baron Harold Hamm endorses Trump for president

HOUSTON, April 22 (Reuters) - Harold Hamm, chief executive

of shale oil producer Continental Resources Inc and Mitt

Romney's 2012 energy adviser, endorsed U.S. presidential

candidate Donald Trump on...

Read more

U.S. drops N.Y. fight with Apple after gaining access to iPhone

NEW YORK, April 22 (Reuters) - The U.S. Justice Department

on Friday dropped its effort to force Apple Inc to help

unlock an iPhone in a drug case in New York after someone

provided authorities the...

Read more

BRIEF-Renaissancere Ventures Ltd reports 8.1 pct passive stake in Kingstone Companies

* Renaissancere Ventures Ltd reports 8.1 pct passive stake

in Kingstone Companies Inc as of April 18- SEC filing

Source text for Eikon: (http://1.usa.gov/1WLsxY6)

Further company coverage:

...

Read more

UPDATE 2-Halliburton says it cut 6,000 jobs in Q1, delays earnings call

* Expects Q2 will mark "landing point" for U.S. rig count

(Adds details on results, background)

Read more

UPDATE 2-TransCanada agrees to Quebec environmental review for pipeline

CALGARY, Alberta, April 22 (Reuters) - TransCanada Corp

agreed to submit to a Quebec environmental review of

its Energy East pipeline on Friday, avoiding a potential legal

battle with the province...

Read more

ValueAct taps renowned lawyer Boies for US antitrust lawsuit

NEW YORK, April 22 (Reuters) - ValueAct Capital, the $16

billion hedge fund, has hired renowned attorney David Boies,

according to a court filing on Friday, in a sign of the activist

investor's...

Read more

UPDATE 1-Fiat Chrysler recalls 1.1 million cars, SUVs for rollaway issue

WASHINGTON, April 22 (Reuters) - Fiat Chrysler Automobiles

NV said on Friday it is recalling more than 1.1

million cars and SUVs worldwide because the vehicles may roll

away after drivers exit.

Read more

UPDATE 1-Canada extends grain transportation rules one year

WINNIPEG, Manitoba, April 22 (Reuters) - Canada's new

Liberal government on Friday extended by one year rules put in

place in 2014 to speed movement of grain by rail, after an

unprecedented backup of...

Read more

U.S. probes toy jewelry kits linked to high lead levels

April 22 (Reuters) - The top U.S. consumer product safety

regulator is reviewing whether to recall widely sold toy

jewelry-making kits after a New York state probe determined that

the products...

Read more

BRIEF-Hornbeck Offshore Services' CEO Todd Hornbeck's 2015 compensation was $4.6 mln - SEC filing

* CEO Todd M. Hornbeck's 2015 total compensation was $4.6

million versus $5.9 million in 2014 - SEC filing

Source text - http://1.usa.gov/1YLyym9

Further company coverage:

Read more

Wall Street inspects new pay proposal, wondering who will get dinged

NEW YORK, April 22 (Reuters) - Wall Street bankers and

traders are scrutinizing a new regulatory proposal that could

restrict their pay for longer periods of time and require them

to give back bonus...

Read more

Spy chief pressed for number of Americans ensnared in data espionage

WASHINGTON, April 22 (Reuters) - U.S. lawmakers are pressing

the nation's top intelligence official to estimate the number of

Americans ensnared in email surveillance and other such spying

on foreign...

Read more

UPDATE 2-Paramount seeks to end Sky geoblocking case with concessions to EU

* EU probe includes NBCUniversal, Sony, Walt Disney

(Adds Paramount comment, details)

Read more

UPDATE 2-HSBC yields to shareholders on pay, flags Brexit danger

* Dividend growth subject to profits -execs

(Adds fresh quotes, shareholder protests, dividend policy,

updates share price)

Read more

Brazil says to pay debt to energy companies starting in 2017

SAO PAULO, April 22 (Reuters) - Brazil's government will pay

debt to energy transmission companies starting in 2017, the

country's official gazette said on Friday, a surprise decision

that sent...

Read more

BRIEF-Agreed to withdraw regulatory complaints against Google - Microsoft

* Microsoft - Has agreed to withdraw regulatory complaints

against Google, reflecting "changing legal priorities"

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

8780)

Read more

BRIEF-Google - Microsoft and Co agree to withdraw regulatory complaints

* Google - Following patent agreement, Microsoft and Google

agreed to withdraw regulatory complaints against one another.

(Reporting by Vishal Sridhar)

Read more

BRIEF-Atalaya Mining's tailings facility usage temporarily suspended

* Atalaya Mining PLC: temporary suspension of usage of

tailings facility

Read more

PRESS DIGEST- Canada - April 22

April 22 (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

Venezuela runs up $1 bln debt for late shipping containers

PUERTO CABELLO, Venezuela/LONDON, April 22 (Reuters) -

V enezuelan state agencies have run up close to $1 billion in

debts with shipping firms due to delays in returning containers,

potentially...

Read more

German carmakers to recall 630,000 cars to fix emissions - govt official

BERLIN, April 22 (Reuters) - German car manufacturers will

recall 630,000 Porsche, Volkswagen Opel, Audi and Mercedes

vehicles to fix diesel emissions management software, a German

government...

Read more

BRIEF-Allegion CEO D.D. Petratis' total compensation was $7.4 mln vs $9 mln in 2014

* Ceo d. d. Petratis' fy 2015 total compensation was $7.4

million versus $9 million in fy 2014 - sec filing

Read more

BRIEF-S&P says Mitsubishi Motors 'BB+' rating placed on creditwatch negative following fraudulent fuel tests



Read more

In Asia, financial firms wake up to Brexit risks, begin contingency planning

* HKEx carrying out Brexit impact assessment on LME, LME

Clear

Read more

RPT-European drivers bristle as VW reaches U.S. diesel deal

FRANKFURT/LONDON, April 21 (Reuters) - European owners of

Volkswagen cars read the details of a deal to

compensate U.S. drivers for the diesel emissions scandal with

frustration as their wait for...

Read more

Australia watchdog looks to end ExxonMobil, BHP joint gas sales

MELBOURNE, April 22 (Reuters) - Australia's competition

watchdog wants to break up a marketing joint venture between

ExxonMobil Corp and BHP Billiton to help

boost competition in the eastern...

Read more

Paramount offers EU concessions in Sky geoblocking case

BRUSSELS, April 22 (Reuters) - Paramount Pictures, a unit of

Viacom, has offered the EU antitrust regulator concessions in a

landmark case over geographical restrictions on movie licensing

deals...

Read more

Thursday, April 21, 2016

PRESS DIGEST - Wall Street Journal - April 22

April 22 (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

PRESS DIGEST- New York Times business news - April 22

April 22 (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

PRESS DIGEST- British Business - April 22

April 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

BRIEF-Apple's iBooks store, iTunes Movies were shut in China last week - NYT

* Apple's iBooks store, iTunes movies were shut in China

last week after China's state regulator asserted its authority

and demanded the closings - NYT

Read more

UPDATE 1-Daimler opens internal emissions probe at U.S. request

April 21 (Reuters) - German automaker Daimler AG

said late Thursday it is conducting an internal investigation of

its certification process for diesel exhaust emissions in the

United States at the...

Read more

PRESS DIGEST- Financial Times - April 22

April 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

BRIEF-Kite Pharma CEO's 2015 total compensation was $6.7 mln

* CEO Arie Belldegrun's 2015 total compensation was $6.7

million versus $16.2 million in 2014 - SEC filing

Read more

BRIEF-Salesforce.Com Inc says CEO Marc Benioff's FY 2016 total compensation $33.4 million versus $39.9 million last year

* Salesforce.Com Inc says chairman and CEO marc Benioff's FY

2016 total compensation $33.4 million versus $39.9 million last

year

Read more

UPDATE 3-U.S. regulators propose to restrict Wall Street exec pay

WASHINGTON, April 21 (Reuters) - A group of U.S. regulators

issued a proposal on Thursday to restrict incentive-based

compensation at big financial companies and prevent executives

from receiving...

Read more

Mexico Senate committee OK's air transport deal with United States

MEXICO CITY, April 21 (Reuters) - A key committee in

Mexico's Senate on Thursday ratified a deal with the United

States that would boost competition in air transportation, a

Senate spokesman said,...

Read more

REFILE-UPDATE 1-All cars road tested by UK found to exceed lab emission limits

LONDON, April 21 (Reuters) - Britain said on Thursday all 37

diesel car models it had tested out on the road exceeded the

laboratory limits for polluting nitrogen oxides, but only

Volkswagen had used...

Read more

EU mergers and takeovers (April 21)

BRUSSELS, April 21 (Reuters) - The following are mergers

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

EU merger process:

Read more

UPDATE 1-Sen. Warren demands answers from U.S. regulators over Cohen firm

WASHINGTON, April 21 (Reuters) - U.S. Senator Elizabeth

Warren, a firebrand supporter of strong financial regulation,

asked on Thursday why securities regulators approved Steve

Cohen's new firm as an...

Read more

EU executive seeks to ease regulatory burden on small banks

LONDON, April 21 (Reuters) - The European Union will propose

changing the bloc's rules on bank capital requirements to ease

the burden on smaller lenders in a bid to boost growth, EU

financial...

Read more

VW hikes provisions for emissions scandal to 10-20 bln euros - sources

HAMBURG, April 21 (Reuters) - Volkswagen is

hiking its provisions to pay for an emissions cheating scandal

to between 10 billion euros ($11.34 billion) and 20 billion

euros from currently 6.7 billion...

Read more

What devaluation? Egyptian currency traders shrug off black market crackdown

CAIRO, April 21 (Reuters) - Egypt's war on black market

currency traders is not going to plan. One month after a

devaluation that was supposed to ease an acute dollar shortage

in the banking system,...

Read more

Walgreens, Duane Reade settle NY overcharge probe

April 21 (Reuters) - Walgreen Co agreed to pay $500,000 and

reform its advertising practices to settle allegations its

Walgreens and Duane Reade stores in New York routinely

overcharged consumers and...

Read more

NY regulator wants foreign banks' records on dealings with Panama firm

April 21 (Reuters) - New York state's financial regulator

has told 13 foreign banks doing business there to hand over

details about their dealings with a law firm in Panama that

helped set up...

Read more

Regulators take softer line on banks' interest rate risk

LONDON, April 21 (Reuters) - Global regulators have dropped

plans to force banks to set aside money to cover potential

losses if interest rates rise from their historic lows, marking

the latest sign...

Read more

BRIEF-Ultragenyx reports positive interim data from Phase 2 study of KRN23

* Reports positive interim data from Phase 2 study of KRN23

for the treatment of tumor-induced osteomalacia

Read more

RPT-Lyft's nice-guy strategy leaves it struggling to catch Uber

SAN FRANCISCO, April 21 (Reuters) - In late 2014, Uber and

Lyft targeted Portland, Oregon, as the next place to launch

their still-controversial ride-hailing services.

Read more

Oman picks banks for first international bond in almost 20 yrs -sources

DUBAI, April 21 (Reuters) - The government of Oman has

chosen five banks to arrange the sultanate's first international

bond issue in almost 20 years, sources aware of the matter said

on Thursday.

Read more

UPDATE 1-Oman picks banks for first international bond in almost 20 yrs -sources

DUBAI, April 21 (Reuters) - The government of Oman has

chosen five banks to arrange the sultanate's first international

bond issue in almost 20 years, sources aware of the matter said

on Thursday.

Read more

EU regulators extend Hutchison, Vimpelcom deal probe by a week

BRUSSELS, April 21 - European Union antitrust regulators

have extended their investigation into a plan by CK Hutchison

Holdings and Vimpelcom to merge their Italian

mobile businesses after the...

Read more

BRIEF-ITT Educational Services receives letter from ACICS

* Received a letter from Accrediting Council For Independent

Colleges and Schools

Read more

AbbVie gets option on early Argenx cancer drug for $40 mln

April 21 (Reuters) - AbbVie has acquired an option

on an early-stage immuno-oncology drug from biotech company

Argenx, giving the U.S. drugmaker access to a

treatment with the potential to block a...

Read more

Lyft's nice-guy strategy leaves it struggling to catch Uber

SAN FRANCISCO, April 21 (Reuters) - In late 2014, Uber and

Lyft targeted Portland, Oregon, as the next place to launch

their still-controversial ride-hailing services.

Read more

Wednesday, April 20, 2016

PRESS DIGEST- British Business - April 21

April 21 (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

UPDATE 1-Newmont Mining investigates some activities outside of U.S.-filing

April 20 (Reuters) - Newmont Mining Corp is

conducting an investigation into certain

business activities of the company, its affiliates and

contractors in countries outside the United States, the...

Read more

PRESS DIGEST- Financial Times - April 21

April 21 (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

U.S. court rejected claim FBI use of spy data is unconstitutional

WASHINGTON, April 20 (Reuters) - The top judge on the

secretive Foreign Intelligence Surveillance Court ruled last

year against a constitutional challenge to U.S. surveillance

rules permitting the...

Read more

BRIEF-On Assignment CEO Dameris's FY 2016 compensation was $7.6 mln - SEC filing

* CEO Peter Dameris's FY 2016 total compensation $7.6

million versus $5.6 million in FY 2014 - SEC filing

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

Further company coverage:

Read more

UPDATE 1-Puerto Rico files to sell debt ahead of possible default

April 20 (Reuters) - Puerto Rico's Government Development

Bank (GDB), the U.S. territory's primary fiscal agent, has filed

with regulators to issue taxable one-year debt as it faces a

looming default...

Read more

EXCLUSIVE-VW to offer to buy back nearly 500,000 U.S. diesel cars-sources

WASHINGTON, April 20 (Reuters) - Volkswagen AG

and U.S. officials have reached a framework deal under which the

automaker would offer to buy back almost 500,000 diesel cars

that used sophisticated...

Read more

BRIEF-Popeyes louisiana kitchen says ceo Cheryl A. Bachelder's 2015 total compensation was $4.2 mln versus $3.2 mln in 2014 - SEC Filing

* Ceo cheryl a. Bachelder's 2015 total compensation was $4.2

million versus $3.2 million in 2014 - sec filing

Source text [http://1.usa.gov/1TjLdLF]

Further company coverage:

(Bengaluru...

Read more

UPDATE 1-VW expected to offer to buy back U.S. diesel vehicles



Read more

Puerto Rico registers to sell debt before possible default -report

April 20 (Reuters) - The Government Development Bank of

Puerto Rico has filed with regulators to issue taxable one-year

notes as it faces a looming debt default on May 1, Bloomberg

news service...

Read more

BRIEF-Lattice Semiconductor CEO Billerbeck's 2015 compensation was $2.6 mln - SEC filing

* CEO Billerbeck, Darin G. 2015 total compensation was $2.6

million versus $3.9 million in 2014 - SEC filing

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

Further company coverage:

Read more

VW expected to offer to buyback U.S. diesel vehicles

April 20 (Reuters) - Volkswagen AG and U.S.

officials have reached the framework of a deal ahead of a

Thursday court deadline, to remedy problems caused by hundreds

of thousands of vehicles that are...

Read more

VW to pay US customers $5,000 each to settle dieselgate - Die Welt

BERLIN, April 20 (Reuters) - Volkswagen has

reached a deal with U.S. authorities to settle the case over its

cheating of diesel emissions tests that would involve it paying

each affected customer...

Read more

LPC: Foreign investors may face new tax bill on CLO risk-retention compliance

NEW YORK, April 20 (Reuters) - Foreign buyers of U.S.

Collateralized Loan Obligations (CLOs) may face a new tax on

their investments as deals compliant with U.S. risk-retention

rules are issued.

Read more

UPDATE 2-VW to set aside billions more to cover Dieselgate costs

* VW biggest DAX gainer on speculation about U.S. settlement

(Releads on provisions, adds detail from sources, background)

Read more

Mozambique assured all financing disclosed to IMF - source close to Russia's VTB

MOSCOW, April 20 (Reuters) - A source closed to Russia's

second-largest bank VTB said on Wednesday that the

bank was assured by Mozambique's finance ministry that all its

financing were disclosed to...

Read more

UPDATE 3-EU hits Google with second antitrust charge

* Google faces hefty fines, changes to business model

(Adds details)

Read more

UPDATE 1-Fed should better safeguard economic data, internal watchdog says

April 20 (Reuters) - The Federal Reserve should beef up its

controls over embargoed economic information given to news

outlets, the U.S central bank's internal watchdog said on

Wednesday in a 38-page...

Read more

BRIEF-Mitsubishi Tanabe Pharma's ALS study meets primary efficacy endpoint

* Mitsubishi Tanabe Pharma Corporation presents Edaravone

clinical trial data in ALS at 2016 American Academy of Neurology

annual meeting

Read more

BRIEF-Cytrx to present new clinical data on its cancer drug

* Cytrx to present updated aldoxorubicin clinical trial data

at the American Society of Clinical Oncology Annual Meeting in

June 2016

Source text for Eikon:

Further company coverage:

...

Read more

RPT-Criminal charges coming on Wednesday over Flint water -report

April 19 (Reuters) - Michigan's attorney general will

announce criminal charges on Wednesday connected to his

investigation into dangerous levels of lead in Flint's drinking

water, the Detroit Free...

Read more

EU to consider single "expenditure rule" to cut through budget morass

BRUSSELS, April 20 (Reuters) - Years of changes and

additions to European Union rules have made meeting targets so

complex they are difficult to follow, prompting an attempt to

simplify them.

Read more

UPDATE 1-Medical device maker St. Jude reports better-than-expected profit

April 20 (Reuters) - St. Jude Medical Inc reported a

better-than-expected quarterly profit and revenue helped by

strength in its heart failure and neuromodulation businesses.

Read more

BRIEF-Baxter receives marketing authorization in UK, Denmark for NUMETA G13E

* Baxter receives marketing authorization in the united

kingdom and denmark for numeta g13e ready-to-use iv nutrition

for preterm newborns

Read more

BRIEF-Cara therapeutics announces removal of FDA clinical hold on I.V. CR845 trial

* Cara therapeutics announces removal of FDA clinical hold

on clin3001 postoperative pain trial for i.v. Cr845

Read more

Medical device maker St. Jude reports 7.6 pct rise in revenue

April 20 (Reuters) - St. Jude Medical Inc reported a

7.6 percent rise in quarterly revenue, helped by higher sales in

its heart failure and neuromodulation businesses.

Read more

VW resists move for trial instead of EPA settlement

BERLIN, April 20 (Reuters) - Volkswagen is

resisting a demand from plaintiffs in the United States to go to

trial rather than settle its diesel emissions case with the

Environmental Protection...

Read more

BRIEF-Medicinova announces interim data from clinical trial of MN-166 (ibudilast) in ALS

* Announces interim data from clinical trial of MN-166

(ibudilast) in ALS presented at the American Academy of

Neurology (AAN) 68th annual meeting in Vancouver, Canada

Read more

Yukos shareholders say they will appeal "surprise" Dutch ruling

AMSTERDAM, April 20 (Reuters) - Former shareholders in

defunct oil Russian oil company Yukos said they would appeal a

Dutch court's finding that they were not entitled to

compensation from Russia...

Read more

UPDATE 1-Dutch court overturns $50 bln Yukos award against Russia

AMSTERDAM, April 20 (Reuters) - In a victory for Moscow, a

Dutch court on Wednesday overturned an order that Russia pay $50

billion to shareholders in defunct oil company Yukos, saying

that the...

Read more

China bank regulator tells Shanghai lenders to rein in bill risks - memo

SHANGHAI, April 20 (Reuters) - China's banking regulator has

urged Shanghai's lenders to rein in risks connected with bills

of exchange, according to two sources with direct knowledge of

the matter...

Read more

UK Stocks-Factors to watch on April 20

April 20 (Reuters) - Britain's FTSE 100 index is seen opening down

20 points, or 0.3 percent lower on Wednesday, according to financial bookmakers.

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

Read more

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

April 20 (Reuters) - Britain's FTSE 100 index is seen opening down

20 points, or 0.3 percent, on Wednesday, according to financial bookmakers, with

futures down 0.41 percent ahead of the cash market...

Read more

Tuesday, April 19, 2016

Criminal charges coming on Wednesday over Flint water - report

April 19 (Reuters) - Michigan's attorney general will

announce criminal charges on Wednesday connected to his

investigation into dangerous levels of lead in Flint's drinking

water, the Detroit Free...

Read more

PRESS DIGEST- Financial Times - April 20

April 20 (Reuters) - The following are the top stories in

the Financial Times. Reuters has not verified these stories and

does not vouch for their accuracy.

Read more

UPDATE 1-U.S. House committee votes to smooth e-cigarette regulatory path

April 19 (Reuters) - A U.S. House of Representatives

committee on Tuesday approved an amendment to an agricultural

funding bill that would make it easier for e-cigarettes to win

regulatory clearance...

Read more

UPDATE 1-U.S. judge in Staples fight with FTC pushes back at firm's arguments

WASHINGTON, April 19 (Reuters) - The judge hearing a fight

between the U.S. government and Staples Inc over

whether the No. 1 office supply store may merge with a smaller

rival expressed doubt on...

Read more

BRIEF-Supernus Pharmaceuticals CEO 2015 total compensation $3.2 mln

* CEO Jack A. Khattar's 2015 total compensation was $3.2

million versus $1.7 million in 2014 - SEC filing

Source text for Eikon:

Further company coverage:

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

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BRIEF-Lululemon Athletica Inc says CEO Laurent Potdevin's FY 2015 total compensation was $5.2 mln

* CEO Laurent Potdevin's FY 2015 total compensation was $5.2

million - sec filing

Source text: http://1.usa.gov/1VCpCkO

Further company coverage:

(Bengaluru Newsroom: +1 646 223 8780)

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U.S. House committee votes to smooth e-cigarette regulatory path

April 19 (Reuters) - A U.S. House of Representatives

committee on Tuesday approved an amendment to an agricultural

funding bill that would make it easier for e-cigarettes to win

regulatory clearance...

Read more

BRIEF-Yintech Investment Holdings Ltd sees IPO of 7.5 mln ADS representing 150 mln shares

* Yintech Investment Holdings Ltd Sees IPO Of 7.5 Mln Ads

Representing 150 Mln Ordinary Shares - Sec filing

Read more

UPDATE 1-U.S. SEC sets penalties in two corporate fraud cases

April 19 (Reuters) - The U.S. Securities and Exchange

Commission announced two fraud cases alleging that accounting

failures left investors in the dark about the finances of

computer accessories...

Read more

UPDATE 2-Apple refused China request for source code in last two years -lawyer

WASHINGTON, April 19 (Reuters) - Apple Inc has been

asked by Chinese authorities within the last two years to hand

over its source code but refused, the company's top lawyer told

lawmakers on Tuesday...

Read more

VW "Dieselgate" software developed at Audi in 1999 -report

BERLIN, April 19 (Reuters) - German carmaker Audi created

so-called defeat devices which cut emissions in 1999, years

before parent company Volkswagen (VW) used them to

cheat diesel emissions tests,...

Read more

EU mergers and takeovers (April 19)

BRUSSELS, April 19 (Reuters) - The following are mergers

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

EU merger process:

Read more

UPDATE 2-Canada's competition watchdog drops probe into Google

TORONTO, April 19 (Reuters) - Canada's Competition Bureau

said on Tuesday that it was dropping an investigation into

Google after saying in 2013 that it suspected the company was

abusing its dominant...

Read more

U.S. tells court Staples, Office Depot touted 2-player market

WASHINGTON, April 19 (Reuters) - No. 1 office supply store

Staples Inc and its biggest rival Office Depot Inc

have both touted the office supply market as having just

two major players, the U.S....

Read more

U.S. SEC sets penalties in two corporate fraud cases

April 19 (Reuters) - The U.S. Securities and Exchange

Commission announced two fraud cases alleging that accounting

failures left investors in the dark about the finances of

computer accessories...

Read more

LPC: CLO risk-retention rules may lead to hefty bill

NEW YORK, April 19 (Reuters) - Rules requiring

Collateralized Loan Obligation (CLO) managers to hold onto a

portion of their fund's risk may also force them to pony up

millions of dollars before...

Read more

TIMELINE-Google wins some, loses some in global antitrust battles

FRANKFURT, April 19 (Reuters) - For more than a decade,

Internet search and advertising giant Google, now a unit of

holding company Alphabet Inc, has sparred with

competitors in an expanding range of...

Read more

EU antitrust chief expected to charge Google on Wednesday - sources

* Android charges would be second EU case after Shopping

case

Read more

Bristol-Myers' Opdivo extends survival in head and neck cancer -study

April 19 (Reuters) - Bristol-Myers Squibb's cancer

immunotherapy drug, Opdivo, helped advanced head and neck cancer

patients with a dismal prognosis live longer than other standard

treatments,...

Read more

UPDATE 1-Bristol-Myers' Opdivo extends survival in head and neck cancer -study

April 19 (Reuters) - Bristol-Myers Squibb's cancer

immunotherapy drug, Opdivo, helped advanced head and neck cancer

patients with a dismal prognosis live longer than other standard

treatments,...

Read more

Polaris to recall 133,000 recreational off-highway vehicles

April 19 (Reuters) - All-terrain vehicle maker Polaris

Industries Inc will recall about 133,000 recreational

off-highway vehicles due to a fire risk.

Read more

Russia won't rush with structural reforms - PM

MOSCOW, April 19 (Reuters) - The Russian government should

not rush to implement rapid structural reforms because this may

extend the crisis for another few years and weigh heavily on...

Read more

UPDATE 1-Health insurer UnitedHealth reports better-than-expected revenue

April 19 (Reuters) - Health insurer UnitedHealth Group Inc

reported a better-than-expected quarterly revenue helped

by strength in its Optum business which offers healthcare

services and drug...

Read more

BRIEF-Synergy pharmaceuticals says FDA set Jan 29, 2017 as PDUFA for constipation drug

* Synergy pharmaceuticals announces acceptance of new drug

application for plecanatide, a novel uroguanylin analog, in

chronic idiopathic constipation

Read more

UPDATE 1-EU Commission is not consistent in applying fiscal rules - auditors

BRUSSELS, April 19 (Reuters) - The European Commission is

not consistent in applying fiscal rules requiring European Union

states to keep budgets under control, EU auditors said on

Tuesday.

Read more

UPDATE 1-EC to challenge French taxi law after Uber complaint

BRUSSELS, April 19 (Reuters) - The European Commission is

preparing to challenge a French law on taxi services and

chauffeured cars, two people familiar with the matter said on

Tuesday, following a...

Read more

Michigan community bank plans US-domiciled Islamic bonds

SYDNEY, April 19 (Reuters) - Michigan-based University Bank,

a unit of University Bancorp, is planning a debut sale

of Islamic bonds (sukuk), a rare sharia-compliant deal in the

United States,...

Read more

Monday, April 18, 2016

PRESS DIGEST- New York Times business news - April 19

April 19 (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

UPDATE 3-U.S. regulators concerned about leverage in large hedge funds

WASHINGTON/BOSTON, April 18 (Reuters) - The heads of the

major U.S. financial regulatory agencies on Monday raised

concerns about a concentration of leverage in large hedge funds

and called for a...

Read more

PRESS DIGEST - Wall Street Journal - April 19

April 19 (Reuters) - The following are the top stories in

the Wall Street Journal. Reuters has not verified these stories

and does not vouch for their accuracy.

Read more

UPDATE 1-Theranos under investigation by several U.S. regulators

April 18 (Reuters) - Blood-testing firm Theranos Inc

confirmed on Monday it is under investigation by federal

prosecutors and the U.S. Securities and Exchange Commission.

Read more

BRIEF-Walgreens Boots Alliance and NY State Department of Health received subpoenas in recent weeks about representations made to Theranos - WSJ

Walgreens Boots Alliance and NY State Department of Health

received subpoenas in recent weeks about representations made to

Theranos - WSJ

Source text (http://on.wsj.com/1U3ss1h)

Further company...

Read more

UPDATE 2-U.S. regulators concerned about leverage in large hedge funds

WASHINGTON/BOSTON, April 18 (Reuters) - The heads of the

major U.S. financial regulatory agencies on Monday raised

concerns about a concentration of leverage in large hedge funds

and called for a...

Read more

BRIEF-OZ Management LP reports 5.2 percent stake in Square Inc as of April 6 - SEC Filing

* OZ Management LP reports 5.2 percent stake in Square Inc

as of April 6 - SEC Filing

Source - http://1.usa.gov/1U3pzgZ

Further company coverage:

(Bengaluru Newsroom; +1 646 223 8780)

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BRIEF-Dynavax presents encouraging data from clinical trial of immuno-oncology product candidate, SD-101

* Dynavax presents encouraging data from clinical trial of

immuno-oncology product candidate, SD-101

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom; +1 646 223 8780)

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Blackberry CEO says tech firms should comply with lawful access requests

TORONTO, April 18 (Reuters) - Tech companies should comply

with lawful requests to access protected data, BlackBerry

Chief Executive John Chen said on Monday, in thinly

veiled criticism of rival...

Read more

Trading start-up files antitrust lawsuit in New York

NEW YORK, April 18 (IFR) - Derivatives trading start-up

TeraExchange filed an antitrust lawsuit Monday alleging that

some of the biggest banks in the world conspired to block

customers from using its...

Read more

BRIEF-Celator reports on previously suspended investigator-initiated clinical study

* Celator Reports On Previously Suspended

Investigator-Initiated clinical study

Read more

UPDATE 3-Caixabank makes new bid to take control of Banco BPI

* Regulatory, political pressure on Isabel dos Santos

(Updates with analyst comment, background)

Read more

UPDATE 1-U.S. steelworkers union petitions against large aluminum imports

NEW YORK, April 18 (Reuters) - The United Steelworkers (USW)

said on Monday it has filed a complaint with U.S. regulators

seeking to stem what it called a "flood" of aluminum imports

that have...

Read more

Russia wants no more delay in Ukraine Eurobond case

MOSCOW/LONDON, April 18 (Reuters) - Ukraine has asked for

more time to file a defence in its legal stand-off in a London

court over a $3 billion bond held by Russia, but Moscow does not

want another...

Read more

Uber, Ola temporarily suspend surge pricing in New Delhi

NEW DELHI, April 18 (Reuters) - Global ride-hailing company,

Uber Technologies Inc, has temporarily suspended

'surge pricing' in the Indian capital after the state government

threatened to cancel...

Read more

UPDATE 1-Carnival Corp may delay start of Cuba cruises

April 18 (Reuters) - U.S. cruise operator Carnival Corp

said it may delay its voyages to Cuba, scheduled to

start on May 1, unless Cuban authorities allow Cuban-born

Americans to travel in cruise...

Read more

BRIEF-Geovax says MVA-VLP vaccine vector has proven safe in multiple human clinical trials

* Geovax Labs inc says "vaccine construction is progressing

rapidly" and we expect to initiate animal studies next month

Read more

UPDATE 1-U.S. top court rejects challenge to Google book-scanning project

WASHINGTON, April 18 (Reuters) - The U.S. Supreme Court on

Monday declined to hear a challenge by a group of authors who

contend that Google's massive effort to scan millions

of books for an online...

Read more

Chile's Quinenco sells flexible bottle business in $435 million deal

SANTIAGO, April 18 (Reuters) - Chilean industrial and

financial group Quinenco said in a note to regulators on Monday

it would sell its flexible bottle operation to Amcor Holding,

the world's largest...

Read more

UPDATE 2-China's Hebei signs agreement to buy Serbian steel plant

* Serbian PM says large European country sought Hebei's help

(Adds quotes, background)

Read more

BRIEF-Telesta currently estimates that U.S.approval for MCNA can not be obtained for a period of at least 5 years

* Telesta announces type a meeting results and strategic

option review

Read more

BRIEF-Caladrius Biosciences reaches agreement with japanese regulators for development of cell therapy

* Caladrius reaches agreement with japanese regulators on

development plan for cd34 cell therapy for critical limb

ischemia

Read more

REFILE-UPDATE 2-Spain's Caixabank launches new takeover bid for Banco BPI

* Bid dependent on removal of 20 pct shareholder rights

limitation

Read more

BRIEF-Uranium Resources files for sale of up to 2.5 mln shares of co's common stock by Aspire Capital Fund

* Files for sale of up to 2.5 million shares of co's common

stock by aspire capital fund llc - sec filing

Read more

REFILE-UPDATE 1-EU's antitrust chief looking closely at Google's Android

AMSTERDAM, April 18 (Reuters) - The European Union antitrust

chief, who has already charged Google with favouring

its own shopping service in internet searches, said on Monday

that she was now...

Read more

News Corp broadens Google antitrust complaint - source

AMSTERDAM, April 18 (Reuters) - News Corp has

expanded its complaint against Google to EU antitrust

regulators investigating whether the Internet search engine

abused its dominance, a person familiar...

Read more

EU's Vestager says looking closely at Google's Android

AMSTERDAM, April 18 (Reuters) - Europe's antitrust chief

said on Monday that she was looking closely at Google's

deals with phone makers and operators, concerned that

conditions related to its...

Read more

RPT-INSIGHT-Italy's Atlas fund struggles to stop sky falling on banks

* Say fund may not be big enough to make dent in bad debt

mountain

Read more

Spain's Abertis, Brookfield to launch bid for Brazil's Arteris

MADRID, April 18 (Reuters) - Spain's Abertis said

on Monday that, together with a unit of Canada's Brookfield

Asset Management, it will launch a bid for the shares

of Brazil's Arteris it doesn't...

Read more

PRESS DIGEST - Wall Street Journal - April 18

April 18 (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

Sunday, April 17, 2016

UPDATE 1-Deutsche Boerse says Brexit is a risk for any US suitors for LSE

BERLIN, April 17 (Reuters) - A British vote to leave the

European Union could be a threat to any rival bidder from the

United States for the London Stock Exchange but would

not undermine the planned...

Read more

Deutsche Boerse sees Brexit risk for potential US suitors for LSE

BERLIN, April 17 (Reuters) - A British vote to leave the

European Union could be a threat to any rival bidder from the

United States for the London Stock Exchange but would

not undermine the planned...

Read more

RPT-Rome metro eternally delayed under reforming Renzi's feet

ROME, April 15 (Reuters) - In power for two years, Italian

Prime Minister Matteo Renzi has initiated many reforms aimed at

invigorating the anaemic economy, including his flagship

overhaul of the...

Read more

UPDATE 1-U.S. FDA rejects Chiasma's drug to treat growth disorder

April 15 (Reuters) - The U.S. Food and Drug Administration

has rejected Chiasma Inc's experimental drug to treat

adults with a type of growth disorder, the company said on

Friday.

Read more

Friday, April 15, 2016

U.S. state prosecutors met with climate groups as Exxon probes expanded

HOUSTON, April 15 (Reuters) - A coalition of U.S. state

attorneys general received guidance from well-known climate

scientists and environmental lawyers in March as some of them

opened investigations...

Read more

U.S. FDA rejects Chiasma's drug to treat growth disorder

April 15 (Reuters) - The U.S. Food and Drug Administration

on Friday rejected Chiasma Inc's drug to treat adults

with a type of growth disorder.

Read more

BRIEF-Chiasma receives complete response letter from FDA for Mycapssa NDA

* FDA issues complete response letter for Mycapssa new drug

application

Read more

UPDATE 1-US regulators reissue letter on Morgan Stanley's 'living will'

WASHINGTON, April 15 (Reuters) - The U.S. Federal Reserve

and the Federal Deposit Insurance Corporation said on Friday

they had reissued their letter from earlier in the week to

Morgan Stanley about...

Read more

Puerto Rico rescue falters under attack by conservatives, investors

WASHINGTON, April 15 (Reuters) - An aggressive advertising

and lobbying campaign by conservative activists and financial

interests this week stalled a plan in the U.S. Congress to

rescue Puerto Rico...

Read more

US regulators reissue letter on Morgan Stanley's 'living will'

WASHINGTON, April 15 (Reuters) - The U.S. Federal Reserve

and the Federal Deposit Insurance Corporation said on Friday

they had reissued their letter from earlier in the week to

Morgan Stanley about...

Read more

UPDATE 2-Ex-NFL star Gault is fined in SEC fraud case, will appeal

April 15 (Reuters) - Willie Gault, the former National Football League wide receiver and Olympic sprinter, was ordered to pay $206,571 to settle a U.S. Securities and Exchange Commission lawsuit over...

Read more

UBS to now pay $69.8 mln in U.S. credit union settlement

NEW YORK, April 15 (Reuters) - UBS AG is now

expected to pay $69.8 million to resolve a U.S. regulator's

lawsuit alleging it sold toxic mortgage-backed securities to

corporate credit unions that...

Read more

UPDATE 1-NJ's Freedom Mortgage to pay $113 mln in U.S. settlement

April 15 (Reuters) - Freedom Mortgage Corp, a New Jersey

lender, agreed to pay $113 million to settle charges it

knowingly misled the U.S. government into insuring hundreds of

risky mortgages,...

Read more

UPDATE 2-Obama urges more consumer choices for cable TV set-top boxes

WASHINGTON, April 15 (Reuters) - The Obama administration on

Friday weighed in on the debate over allowing consumers to

switch from pricey cable television boxes to less expensive

devices, urging...

Read more

NJ's Freedom Mortgage to pay $113 mln in U.S. settlement

April 15 (Reuters) - Freedom Mortgage Corp, a New Jersey

lender, agreed to pay $113 million to settle charges it

knowingly misled the U.S. government into insuring hundreds of

risky mortgages,...

Read more

Renata Hesse to head Justice Department's Antitrust Division

WASHINGTON, April 15 (Reuters) - Renata Hesse, who has been

in the midst of enforcing antitrust law during a surge of

aggressive corporate dealmaking, has been named to head the

Justice Department's...

Read more

BRIEF-Fitch - Liquidity consideration key in U.S. bank resolution plans

* Fitch: Liquidity consideration key in U.S bank resolution

plans

Read more

Congress should give Puerto Rico debt restructuring authority -White House

WASHINGTON, April 15 (Reuters) - The U.S. Congress should

give Puerto Rico the authority to restructure its debt, the

White House said on Friday.

Read more

EU wants more transparency in web search results

BRUSSELS, April 15 (Reuters) - The European Union's digital

chief wants search engines such as Alphabet Inc's Google

and Microsoft's Bing to be more transparent

about advertising in web search...

Read more

BRIEF-Fidelity National Information Services CEO's 2015 total compensation of $13 mln vs $13.4 mln in 2014

April 15 (Reuters) - Fidelity National Information Services

Inc :

Read more

LPC: KKR brings back dividend deals with US$325m Sedgwick loan

NEW YORK, April 15 (Reuters) - Private equity firm KKR & Co

took the lead from investment banks constrained by regulation to

arrange a US$325m dividend recapitalization loan for insurance

claims...

Read more

Daimler says German labour rules may push new tech jobs abroad

FRANKFURT, April 15 (Reuters) - German labour rules may

force Daimler, the 130-year-old inventor of the motor

car, to create more software and technology jobs abroad as it

strives to develop a new...

Read more

UPDATE 1-Iran calls on U.S., EU to help it access global financial system

WASHINGTON, April 15 (Reuters) - Iran on Friday called on

the United States and the European Union to help it access the

global financial system, including assets that Tehran says were

supposed to be...

Read more

BRIEF-Cablevision-Altice deal about to get New York city approval - NY Post

* Cablevision-Altice deal about to get New York city

approval - NY Post, citing source.

Source text for Eikon: (http://nyp.st/1RYE30d)

)

Read more

UPDATE 1-French court hands symbolic win to GMO maize supporters

PARIS, April 15 (Reuters) - France's top administrative

court overturned a 2014 ban on a type of genetically modified

(GMO) maize in a symbolic victory for GMO supporters that will

not allow such...

Read more

BRIEF-Marinus Pharmaceuticals' ganaxolone IV receives FDA orphan drug designation

* Marinus Pharmaceuticals receives FDA orphan drug

designation for ganaxolone IV to treat status epilepticus

Read more

UPDATE 1-EU extends safety review of chronic Hep C treatments

April 15 (Reuters) - The European health regulator said it

extended a safety review of chronic hepatitis C treatments after

new data showed patients taking the drugs were at risk of their

liver...

Read more

SandRidge says it no longer target of antitrust grand jury probe

April 15 (Reuters) - Oil and gas producer SandRidge Energy

Inc said on Friday the company is no longer a target

of a federal grand jury probe concerning violations of antitrust

law related to the...

Read more

BRIEF-EMA'S PRAC extends safety review of chronic Hep C treatments

* Started review of diabetes medicine canagliflozin after

increase in amputations in ongoing trial

Read more

INSIGHT-Italy's Atlas fund struggles to stop sky falling on banks

* Say fund may not be big enough to make dent in bad debt

mountain

Read more

UPDATE 1-Japan securities watchdog recommends punishment of Credit Suisse unit

TOKYO, April 15 (Reuters) - Japan's securities watchdog on

Friday recommended a Japanese unit of Credit Suisse Group AG

be punished after ruling that the brokerage provided

information to clients...

Read more

Kremlin says sorry to Goldman Sachs, German paper over Panama Papers slip-up

MOSCOW, April 15 (Reuters) - The Kremlin on Friday

apologised to U.S. investment bank Goldman Sachs and German

newspaper Suddeutsche Zeitung, saying aides had mistakenly

informed President Vladimir...

Read more

Rome metro eternally delayed under reforming Renzi's feet

ROME, April 15 (Reuters) - In power for two years, Italian

Prime Minister Matteo Renzi has initiated many reforms aimed at

invigorating the anaemic economy, including his flagship

overhaul of the...

Read more

Thursday, April 14, 2016

UPDATE 1-Not just China: Japan, South Korea push cheap steel as world reels

MANILA/TOKYO, April 15 (Reuters) - As the world reels from a

flood of cheap Chinese steel, other countries including Japan

and South Korea are selling products overseas at prices as much

as a third...

Read more

Japan's securities watchdog to recommend punishment of Credit Suisse -source

TOKYO, April 15 (Reuters) - Japan's securities watchdog will

recommend as early as Friday punishment of Credit Suisse for

violations of the country's financial instruments and exchange

laws, a person...

Read more

Not just China: Japan, South Korea push cheap steel as world reels

MANILA/TOKYO, April 15 (Reuters) - As the world reels from a

flood of cheap Chinese steel, other countries including Japan

and South Korea are selling products overseas at prices as much

as a third...

Read more

Microsoft lawsuit against government relies on speech, privacy rights

SAN FRANCISCO, April 14 (Reuters) - When the U.S. Department

of Justice sought permission to search a Microsoft Hotmail

account in 2014, a judge rejected one condition the agency asked

for - an order...

Read more

BRIEF-Peabody Energy Announces Court Approval Of First-Day Motions Allowing Business Operations To Proceed In Ordinary Course

* Peabody Energy announces court approval of first-day

motions allowing business operations to proceed in ordinary

course

Read more

UPDATE 4-New York suburb, officials charged in landmark bond fraud case

NEW YORK, April 14 (Reuters) - An elected official of a New

York City suburb was charged on Thursday with defrauding

investors who helped finance a controversial minor league

baseball stadium, in...

Read more

Apple, FBI to clash again in Congress over encryption

WASHINGTON, April 14 (Reuters) - Apple Inc and the

FBI will return to Congress next week to testify before

lawmakers about their heated disagreement over law enforcement

access to encrypted devices,...

Read more

UPDATE 1-Apple, FBI to clash again in Congress over encryption

WASHINGTON, April 14 (Reuters) - Apple Inc and the

FBI will return to Congress next week to testify before

lawmakers about their heated disagreement over law enforcement

access to encrypted devices,...

Read more

BRIEF-Applied Optoelectronics renewed NT$90 mln and NT$120 mln, one year revolving credit facilities

* On april 8, renewed its nt$90 million and nt$120 million,

one year revolving credit facilities, with e. Sun commercial

bank co ltd

Read more

BRIEF-Omnicom Group CEO John Wren 2015 total compensation of $23.6 mln vs $24 mln in 2014

* CEO John D. Wren 2015 total compensation of $23.6 million

versus $24 million in 2014- sec filing

Read more

Europe's biggest nations join forces to end tax evasion

WASHINGTON, April 14 (Reuters) - Europe's biggest nations

launched a joint effort on Thursday to clamp down on tax

evasion, responding to damaging revelations of financial

wrongdoing by the rich and...

Read more

Argentina's Macri sides with taxis as Uber arrives in Buenos Aires

BUENOS AIRES, April 14 (Reuters) - Argentina's biggest city

vowed to punish Uber Technologies Inc on Thursday for

defying a ban and President Mauricio Macri showed solidarity

with cab drivers as the...

Read more

BRIEF-Halliburton, Baker Hughes in talks to sell assets to Carlyle - WSJ

* Halliburton, Baker Hughes in talks to sell assets to

Carlyle Group- WSJ,citing sources

Read more

UPDATE 1-U.S. regulator to let Fannie, Freddie cut mortgage balances

WASHINGTON, April 14 (Reuters) - The regulator of

government-controlled mortgage finance companies Fannie Mae

and Freddie Mac said on Thursday it would

allow the two to cut loans balances for...

Read more

UPDATE 4-U.S. says China to scrap some export subsidies

WASHINGTON, April 14 (Reuters) - China has agreed to scrap

export subsidies on a range of products from metals to

agriculture and textiles, the United States said on Thursday, in

a step by Beijing to...

Read more

U.S. looks to aviation industry to help shrink road deaths

WASHINGTON, April 14 (Reuters) - The U.S. government is

bringing together top airline and auto company executives to

discuss aviation industry practices such as safety data sharing

that automakers...

Read more

UPDATE 1-Ontario pushing 'national solution' to pension reform

* More talks over "national solution" set for June

(Adds comment from Ontario finance minister on pension reform)

Read more

UPDATE 1-Microsoft sues U.S. government over data requests

SAN FRANCISCO, April 14 (Reuters) - Microsoft Corp

has sued the U.S. government for the right to tell its customers

when a federal agency is looking at their emails, the latest in

a series of...

Read more

UPDATE 1-U.S. lawmakers target May 1 for Puerto Rico debt crisis bill

WASHINGTON, April 14 (Reuters) - Democratic and Republican

lawmakers are working in "good faith" to finalize legislation

addressing Puerto Rico's debt crisis by May 1, Nancy Pelosi, the

Democratic...

Read more

UPDATE 1-Russia's Putin: Panama papers are a 'provocation'

MOSCOW, April 14 (Reuters) - Media reports about offshore

accounts in Panama are a "provocation", Russian President

Vladimir Putin said on Thursday, blaming U.S. officials and U.S.

bank Goldman Sachs...

Read more

RPT-UPDATE 1-Russia's Putin: Panama papers are a 'provocation'

MOSCOW, April 14 (Reuters) - Media reports about offshore

accounts in Panama are a "provocation", Russian President

Vladimir Putin said on Thursday, blaming U.S. officials and U.S.

bank Goldman Sachs...

Read more

UPDATE 2-SunEdison audit panel identifies cash accounting issues

* Shares up 43 percent at 53 cents premarket

(Adds details, background, analyst's comment)

Read more

BRIEF-Pinnacle Foods says CEO Robert Gamgort's 2015 total compensation was $6.5 mln vs $6 mln in 2014

* Ceo robert j. Gamgort's 2015 total compensation was $6.5

million versus $6 million in 2014 - sec filing

Source text for Eikon:

Further company coverage:

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

Read more

Bank clerk and beachgoers may save Italy's oil industry

MILAN, April 14 (Reuters) - It is people like 58-year-old

bank clerk Silvio Doria who may save Italy's oil industry.

Read more

BRIEF-Live Ventures says filed petition against Td Ameritrade, Etrade Securities and Charles Schwab

* On april 13 filed a petition against td ameritrade

clearing, inc., e*trade securities llc and charles schwab & co.

- sec filing

Read more

BRIEF-Bats Global sees IPO of 13.3 mln shares, priced at $17-$19.00/shr

* Sees IPO of 13.3 million shares to be priced will be

between $17.00 and $19.00 per share - sec filing

Read more

Russia's Putin: Panama papers are 'provocation'

MOSCOW, April 14 (Reuters) - Russian President Vladimir

Putin said on Thursday media reports about offshore accounts in

Panama were a "provocation" and the German newspaper behind the

leaks was...

Read more

UPDATE 1-No small beer in S. Korea as imported brands threaten incumbents

* Japanese, European brands make inroads amid changing

tastes

Read more

UPDATE 1-Swiss Re, Legal & General set to bid for Deutsche's Abbey Life -sources

April 14 (Reuters) - Britain's Legal & General Group PLC

and Swiss Re AG are among firms said to be

weighing bids for Deutsche Bank AG's Abbey Life

Assurance Co, sources familiar with the matter...

Read more

UPDATE 2-China clarifies rules for online imports of infant formula

* Online infant formula imports to need official approval by

2018

Read more

Wednesday, April 13, 2016

PRESS DIGEST- New York Times business news - April 14

April 14 (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

Indonesia to probe palm producers' environmental pledge -anti-monopoly agency

JAKARTA, April 14 (Reuters) - Indonesia will investigate

suspected cartel practices by palm oil companies that are

signatories to the Indonesian Palm Oil Pledge (IPOP), an

agreement aimed at curbing...

Read more

UPDATE 1-Federal regulators investigating Wall St Journal's 'living wills' story

WASHINGTON, April 13 (Reuters) - The Federal Reserve and

Federal Deposit Insurance Corporation are investigating how the

Wall Street Journal came to report that the two agencies were

giving failing...

Read more

UPDATE 1-Deutsche Bank to settle U.S. silver price-fixing litigation

April 13 (Reuters) - Deutsche Bank AG has agreed

to settle U.S. litigation over allegations it illegally

conspired with Bank of Nova Scotia and HSBC Holdings

Plc to fix silver prices at the expense...

Read more

Puerto Rico creditors cancel lawsuit after governor's emergency order

SAN JUAN, April 13 (Reuters) - - Creditors of Puerto Rico's

Government Development Bank on Wednesday withdrew a lawsuit that

sought to prevent a run on the bank ahead of a $422 million debt

payment...

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U.S. House panel says Puerto Rico bill in limbo as talks continue

WASHINGTON, April 13 (Reuters) - U.S. House Natural

Resources Committee Chairman Rob Bishop on Wednesday said Obama

administration proposals to change a Puerto Rico debt relief

bill are under...

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UPDATE 1-CME to close New York trading floor in computers' victory

CHICAGO, April 13 (Reuters) - CME Group Inc will

shut its New York trading floor at year's end as computerized

trading claims another victim from the world's old-school

financial system.

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BRIEF-Alkermes CEO Richard Pops' FY 2015 total compensation was $12.4 million versus $10.4 million in FY 2014

* CEO Richard Pops' fy 2015 total compensation was $12.4

million versus $10.4 million in fy 2014 - sec filing

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Federal regulators investigating Wall St Journal's 'living wills' story

WASHINGTON, April 13 (Reuters) - The Federal Reserve and

Federal Deposit Insurance Corporation are investigating how The

Wall Street Journal came to report that the two agencies were

giving failing...

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UPDATE 1-Wells Fargo's systemic importance rose, says U.S. report

April 13 (Reuters) - Wells Fargo & Co is the only

large U.S. bank to become "significantly" more important to the

global financial system in recent years, according to a report

on Wednesday by a U.S....

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Former regulator turns Bitcoin tech advocate

NEW YORK, April 13 (IFR) - Former New York state financial

services chief Benjamin Lawsky may have taken a harsh view of

virtual currency as a regulator, but he has begun to stump for

the technology...

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BRIEF-Oaktop Capital Management II reports 5.2 pct passive stake in Enernoc - SEC filing

* Oaktop Capital Management II, L.P. reports 5.2 percent

passive stake in Enernoc Inc as of 31 December, 2015

Source text http://1.usa.gov/1SaKUCq

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