May 31 (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
Monday, May 30, 2016
Brazil's anti-corruption agency employees demand minister's ouster
BRASILIA, May 30 (Reuters) - Hundreds of employees of
Brazil's anti-corruption Ministry of Transparency marched to the
presidential palace on Monday to demand the removal of the
minister appointed 18...
Read more
Brazil's anti-corruption Ministry of Transparency marched to the
presidential palace on Monday to demand the removal of the
minister appointed 18...
Read more
UPDATE 1-Brazil's Temer pressed to drop anti-corruption minister
BRASILIA, May 30 (Reuters) - Brazil's interim President
Michel Temer was under pressure on Monday to drop his
anti-corruption minister, the second top official in his new
government accused of trying...
Read more
Michel Temer was under pressure on Monday to drop his
anti-corruption minister, the second top official in his new
government accused of trying...
Read more
UPDATE 1-EU to propose shorter glyphosate licence renewal -sources
* If no deal by June 30, product to be phased out
(Releads, adds more on decision process, Bayer bid)
Read more
(Releads, adds more on decision process, Bayer bid)
Read more
EU mergers and takeovers (May 30)
BRUSSELS, May 30 (Reuters) - The following are mergers under
review by the European Commission and a brief guide to the EU
merger process:
Read more
review by the European Commission and a brief guide to the EU
merger process:
Read more
EU to debate shorter glyphosate licence renewal next week - sources
BRUSSELS, May 30 (Reuters) - EU nations will debate next
week a far shorter licence renewal for weed-killer glyphosate,
used in Monsanto's Roundup, amid a transatlantic row
over whether it may cause...
Read more
week a far shorter licence renewal for weed-killer glyphosate,
used in Monsanto's Roundup, amid a transatlantic row
over whether it may cause...
Read more
RPT-Alibaba tells vendors to halt drug sales online, cites government rule change
SHANGHAI, May 30 (Reuters) - Chinese e-commerce firm Alibaba
Group Holding Ltd has told vendors on its Tmall website
to stop selling medicine, saying a local regulator has issued an
"urgent"...
Read more
Group Holding Ltd has told vendors on its Tmall website
to stop selling medicine, saying a local regulator has issued an
"urgent"...
Read more
UPDATE 1-India caps refiners' dollar buying for Iran dues to shield rupee -sources
NEW DELHI, May 30 (Reuters) - The Reserve Bank of India has
capped weekly dollar purchases by oil refiners to pay off their
debts to Iran in order to avoid pressure on the rupee, three
sources said...
Read more
capped weekly dollar purchases by oil refiners to pay off their
debts to Iran in order to avoid pressure on the rupee, three
sources said...
Read more
Latest China debt moves may bring index inclusion, $155 bln inflow-JPM
LONDON, May 30 (Reuters) - Chinese government bonds could
receive at least $155 billion of investment flows should the
relaxation of rules around foreign participation lead to their
inclusion in...
Read more
receive at least $155 billion of investment flows should the
relaxation of rules around foreign participation lead to their
inclusion in...
Read more
Brazil's anti-corruption minister criticizes Petrobras probe -Globo TV
BRASILIA, May 30 (Reuters) - The Brazilian interim
government's new minister tasked with combating corruption was
heard on leaked audio tapes criticizing the sprawling graft
investigation at...
Read more
government's new minister tasked with combating corruption was
heard on leaked audio tapes criticizing the sprawling graft
investigation at...
Read more
How Wellcome and Gates charities profit from helping biotech
LONDON, May 30 (Reuters) - The Wellcome Trust medical
charity is to profit from U.S. approval of a new diagnostic
cancer test, the first commercial product funded by the
organisation since the sale...
Read more
charity is to profit from U.S. approval of a new diagnostic
cancer test, the first commercial product funded by the
organisation since the sale...
Read more
India's trade minister: discussing Apple's request for FDI rules waiver
NEW DELHI, May 30 (Reuters) - India's commerce and industry
minister on Monday said she was in talks with the finance
ministry on Apple Inc's foreign direct investment
proposal that seeks a waiver...
Read more
minister on Monday said she was in talks with the finance
ministry on Apple Inc's foreign direct investment
proposal that seeks a waiver...
Read more
UPDATE 1-Indian minister: discussing Apple's request for FDI rules waiver
NEW DELHI, May 30 (Reuters) - The Indian government on
Monday said it was discussing Apple Inc's foreign
direct investment application that seeks a waiver from a local
sourcing rule.
Read more
Monday said it was discussing Apple Inc's foreign
direct investment application that seeks a waiver from a local
sourcing rule.
Read more
Sunday, May 29, 2016
RPT-DEALTALK-How four words rewrote Bayer-Monsanto deal script
Monsanto Co President Brett Begemann uttered those
words last week to a small group of investors and a Reuters
reporter when asked how the world's largest seed company he
helps lead might fit with...
Read more
words last week to a small group of investors and a Reuters
reporter when asked how the world's largest seed company he
helps lead might fit with...
Read more
Data analysis from Paris raid on Google will take months, possibly years -prosecutor
PARIS, May 29 (Reuters) - Analysis of data seized by
investigators in last week's raid of Google's Paris
headquarters could possibly take years, French financial
prosecutor Eliane Houlette said on...
Read more
investigators in last week's raid of Google's Paris
headquarters could possibly take years, French financial
prosecutor Eliane Houlette said on...
Read more
French finmin rules out Google tax deal, more firms could be targeted
PARIS, May 29 (Reuters) - France will "go all the way" to
ensure that multinationals operating on its soil pay their taxes
and more cases could follow after Google and McDonald's were
targeted by tax...
Read more
ensure that multinationals operating on its soil pay their taxes
and more cases could follow after Google and McDonald's were
targeted by tax...
Read more
Saturday, May 28, 2016
India's Sun Pharma gets U.S. subpoena over generic drugs pricing
MUMBAI, May 28 (Reuters) - The U.S. Department of Justice
(DoJ) has subpoenaed India's largest drugmaker Sun
Pharmaceutical Industries Ltd seeking information about
the pricing and marketing of the...
Read more
(DoJ) has subpoenaed India's largest drugmaker Sun
Pharmaceutical Industries Ltd seeking information about
the pricing and marketing of the...
Read more
UPDATE 2-French fuel supply improving, but crisis not over - minister
PARIS, May 28 (Reuters) - France's fuel supply crisis is not
yet over, the transport minister warned on Saturday, while Prime
Minister Manuel Valls was quoted as saying he was ready to ride
out...
Read more
yet over, the transport minister warned on Saturday, while Prime
Minister Manuel Valls was quoted as saying he was ready to ride
out...
Read more
UPDATE 1 -French fuel supply improving, but crisis not over - minister
PARIS, May 28 (Reuters) - France's fuel supply crisis is not
yet over, the transport minister warned on Saturday, while Prime
Minister Manuel Valls was quoted as saying he was ready to ride
out...
Read more
yet over, the transport minister warned on Saturday, while Prime
Minister Manuel Valls was quoted as saying he was ready to ride
out...
Read more
BRIEF-Trovagene files for mixed shelf of up to $250 million
* Files for mixed shelf of up to $250 million - SEC filing
Source text for Eikon:
Further company coverage:
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Source text for Eikon:
Further company coverage:
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Friday, May 27, 2016
BRIEF-Osiris Therapeutics says being investigated by NY Attorney's Office
* Advised by U.S. Attorney's Office for Southern District of
New York that criminal investigation has been opened into co
Read more
New York that criminal investigation has been opened into co
Read more
UPDATE 1-Biogen, AbbVie once-monthly MS injection wins U.S. approval
May 27 (Reuters) - The U.S. Food and Drug Administration on
Friday approved a once-monthly injection for multiple sclerosis
from Biogen Inc and AbbVie Inc, with a boxed
warning.
Read more
Friday approved a once-monthly injection for multiple sclerosis
from Biogen Inc and AbbVie Inc, with a boxed
warning.
Read more
DEALTALK-How four words rewrote Bayer-Monsanto deal script
Monsanto Co President Brett Begemann uttered those
words last week to a small group of investors and a Reuters
reporter when asked how the world's largest seed company he
helps lead might fit with...
Read more
words last week to a small group of investors and a Reuters
reporter when asked how the world's largest seed company he
helps lead might fit with...
Read more
U.S. seeks WTO dispute panel in chicken dispute with China
WASHINGTON, May 27 (Reuters) - The Obama administration on
Friday asked the World Trade Organization to establish a dispute
settlement panel to rule on U.S. claims that China is unfairly
continuing...
Read more
Friday asked the World Trade Organization to establish a dispute
settlement panel to rule on U.S. claims that China is unfairly
continuing...
Read more
BRIEF-Newhouse Broadcasting reports 13 pct stake in Charter Communications
* Newhouse Broadcasting Corp reports 13.0 percent stake in
Charter Communications Inc as of May 17 - SEC filingSource text
for Eikon: Further company coverage:
(Bengaluru Newsroom: +1 646 223...
Read more
Charter Communications Inc as of May 17 - SEC filingSource text
for Eikon: Further company coverage:
(Bengaluru Newsroom: +1 646 223...
Read more
UPDATE 1-Fed to hold open meeting on new insurance rules on June 3
WASHINGTON, May 27 (Reuters) - The U.S. Federal Reserve will
hold an open meeting next Friday on proposals, in the works for
more than five years, for capital requirements and other rules
for...
Read more
hold an open meeting next Friday on proposals, in the works for
more than five years, for capital requirements and other rules
for...
Read more
Fed to hold open meeting on new insurance rules June 3
WASHINGTON, May 27 (Reuters) - The U.S. Federal Reserve will
hold a meeting on proposals for capital requirements and other
rules for insurance companies that will be open to the public.
Read more
hold a meeting on proposals for capital requirements and other
rules for insurance companies that will be open to the public.
Read more
UPDATE 1-Search of old computer files allowed by U.S. appeals court
May 27 (Reuters) - Federal agents acted in good faith in
executing a warrant to search a Connecticut accountant's records
that had been seized 2-1/2 years earlier, a U.S. appeals court
said, in a...
Read more
executing a warrant to search a Connecticut accountant's records
that had been seized 2-1/2 years earlier, a U.S. appeals court
said, in a...
Read more
BRIEF-Cytrx Corp issued 1.6 mln shares for benefit of claimants of IN RE Cytrx securities litigation
* Cytrx Corp says on May 25, 2016, issued for benefit of
claimants in matter of IN RE Cytrx Securities litigation total
of 1.6 million shares of stock
Read more
claimants in matter of IN RE Cytrx Securities litigation total
of 1.6 million shares of stock
Read more
BMW recalls 120,000 cars over Takata air bags - Bild
FRANKFURT, May 27 (Reuters) - German carmaker BMW
is recalling 120,000 cars in the United States for defective
Takata air bags, German paper Bild reported on its
website on Friday.
Read more
is recalling 120,000 cars in the United States for defective
Takata air bags, German paper Bild reported on its
website on Friday.
Read more
Germany monitoring Chinese takeovers to ensure no loss of technology-source
BERLIN, May 27 (Reuters) - Germany is closely monitoring
Chinese investment in the country and will consider each
takeover on a case-by-case basis to ensure it does not lose key
technology, a...
Read more
Chinese investment in the country and will consider each
takeover on a case-by-case basis to ensure it does not lose key
technology, a...
Read more
BRIEF-Skypeople Fruit Juice says Nasdaq allowed filing of Form 10-K on or before July 15
* Granted an exception to file its annual report on Form
10-K for period ended December, 31, 2015 on or before July 15,
2016
Source text for Eikon:
Further company coverage:
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10-K for period ended December, 31, 2015 on or before July 15,
2016
Source text for Eikon:
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Read more
UPDATE 1-EU regulators back approval of Gilead's new hep C drug
May 27 (Reuters) - An advisory panel to the European drug
regulator recommended an approval for Gilead Sciences Inc's
new drug combination to treat hepatitis C.
Read more
regulator recommended an approval for Gilead Sciences Inc's
new drug combination to treat hepatitis C.
Read more
UPDATE 2-Automakers recall 12 million U.S. vehicles over Takata air bags
WASHINGTON, May 27 (Reuters) - Eight automakers said on
Friday they are recalling more than 12 million U.S. vehicles for
defective Takata air bags, expanding the largest-ever auto
safety push,...
Read more
Friday they are recalling more than 12 million U.S. vehicles for
defective Takata air bags, expanding the largest-ever auto
safety push,...
Read more
Automakers recall 12 million U.S. vehicles over Takata air bags
WASHINGTON, May 27 (Reuters) - Eight automakers said on
Friday they are recalling more than 12 million vehicles in new
recalls related to defective Takata air bags, according
to documents posted by...
Read more
Friday they are recalling more than 12 million vehicles in new
recalls related to defective Takata air bags, according
to documents posted by...
Read more
Push for encryption law falters despite Apple case spotlight
WASHINGTON/ SAN FRANCISCO, May 27 (Reuters) - After a
rampage that left 14 people dead in San Bernardino, key U.S.
lawmakers pledged to seek a law requiring technology companies
to give law...
Read more
rampage that left 14 people dead in San Bernardino, key U.S.
lawmakers pledged to seek a law requiring technology companies
to give law...
Read more
UPDATE 1-AstraZeneca potassium drug delayed by manufacturing snag
LONDON, May 27 (Reuters) - AstraZeneca said on
Friday U.S. regulators would not approve its new drug for high
potassium levels at present due to a manufacturing issue,
dealing a blow to a product...
Read more
Friday U.S. regulators would not approve its new drug for high
potassium levels at present due to a manufacturing issue,
dealing a blow to a product...
Read more
BRIEF-FCA US to voluntarily recall estimated 4.3 mln older-model vehicles in the U.S.
* Voluntarily recalling an estimated 4.3 million older-model
vehicles in the u.s. To replace their front-passenger air bag
inflators
Read more
vehicles in the u.s. To replace their front-passenger air bag
inflators
Read more
AstraZeneca potassium drug delayed by manufacturing snag
LONDON, May 27 (Reuters) - AstraZeneca said on
Friday U.S. regulators would not approve its new drug for high
potassium levels at present due to a manufacturing issue,
dealing a blow to a product...
Read more
Friday U.S. regulators would not approve its new drug for high
potassium levels at present due to a manufacturing issue,
dealing a blow to a product...
Read more
BRIEF-AstraZeneca receives complete response letter from U.S. FDA for sodium zirconium cyclosilicate
* Astrazeneca receives complete response letter from us fda
for sodium zirconium cyclosilicate (zs-9) for oral suspension
for treatment of hyperkalaemia
Read more
for sodium zirconium cyclosilicate (zs-9) for oral suspension
for treatment of hyperkalaemia
Read more
Thursday, May 26, 2016
PRESS DIGEST - Wall Street Journal - May 27
May 27 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Push for encryption law falters despite Apple case spotlight
WASHINGTON/ SAN FRANCISCO, May 27 (Reuters) - After a
rampage that left 14 people dead in San Bernardino, key U.S.
lawmakers pledged to seek a law requiring technology companies
to give law...
Read more
rampage that left 14 people dead in San Bernardino, key U.S.
lawmakers pledged to seek a law requiring technology companies
to give law...
Read more
Australian watchdog to review Seven West Media plan to buy News Corp Perth assets
MELBOURNE, May 27 (Reuters) - Australia's competition
watchdog said on Friday it would review Seven West Media's
proposal to acquire The Sunday Times in Western
Australia and its associated web site...
Read more
watchdog said on Friday it would review Seven West Media's
proposal to acquire The Sunday Times in Western
Australia and its associated web site...
Read more
UPDATE 2-U.S. panel launches trade secret theft probe into China steel
WASHINGTON, May 26 (Reuters) - The U.S. International Trade
Commission said on Thursday it launched an investigation into
complaints by United States Steel Corp that Chinese
competitors stole its...
Read more
Commission said on Thursday it launched an investigation into
complaints by United States Steel Corp that Chinese
competitors stole its...
Read more
Shenzhen bourse queries Wanda Cinema's planned purchase of movie affiliate
HONG KONG, May 27 (Reuters) - China's Wanda Cinema Line Corp
said it has been asked by the Shenzhen stock
exchange to provide more information about its proposed $6
billion acquisition of a sister...
Read more
said it has been asked by the Shenzhen stock
exchange to provide more information about its proposed $6
billion acquisition of a sister...
Read more
Short sellers circle Alibaba amid SEC probe
NEW YORK, May 26 (Reuters) - Alibaba Group Holding Ltd
, which disclosed it is under investigation for its
accounting practices, has emerged as one of the short-selling
community's favorite targets...
Read more
, which disclosed it is under investigation for its
accounting practices, has emerged as one of the short-selling
community's favorite targets...
Read more
UPDATE 1-Symantec says SWIFT heist linked to Philippines attack, Sony hack
WASHINGTON, May 26 (Reuters) - Hackers who stole $81 million
from Bangladesh's central bank have been linked to another cyber
attack, this time on a bank in the Philippines, in addition to
the 2014...
Read more
from Bangladesh's central bank have been linked to another cyber
attack, this time on a bank in the Philippines, in addition to
the 2014...
Read more
UPDATE 2-Airport screening made 70,000 miss American Airlines flights - exec
May 26 (Reuters) - Airport screening delays have caused more
than 70,000 American Airlines customers and 40,000
checked bags to miss their flights this year, an executive for
the airline told a U.S....
Read more
than 70,000 American Airlines customers and 40,000
checked bags to miss their flights this year, an executive for
the airline told a U.S....
Read more
U.S. FDA approves first-ever implant to treat opioid addiction
May 26 (Reuters) - The first-ever implant to fight addiction
to opioids, a class of drugs that includes prescription
painkillers and heroin, was approved by the U.S. Food and Drug
Administration on...
Read more
to opioids, a class of drugs that includes prescription
painkillers and heroin, was approved by the U.S. Food and Drug
Administration on...
Read more
UPDATE 1-New York City can enforce rule on salt warnings in restaurants -court
NEW YORK, May 26 (Reuters) - A New York appeals court on
Thursday allowed New York City to enforce a new rule requiring
chain restaurants to post warnings on menu items high in sodium.
Read more
Thursday allowed New York City to enforce a new rule requiring
chain restaurants to post warnings on menu items high in sodium.
Read more
New York City can enforce rule on salt warnings in restaurants -court
NEW YORK, May 26 (Reuters) - A New York appeals court on
Thursday allowed New York City to enforce a new rule requiring
chain restaurants to post warnings on menu items high in sodium.
Read more
Thursday allowed New York City to enforce a new rule requiring
chain restaurants to post warnings on menu items high in sodium.
Read more
CFPB fines ex-Wells Fargo employee over mortgage fee-shifting scheme
May 26 (Reuters) - The Consumer Financial Protection Bureau
(CFPB) fined former Wells Fargo & Co employee David
Eghbali $85,000 and banned him from working in the mortgage
industry for a year for an...
Read more
(CFPB) fined former Wells Fargo & Co employee David
Eghbali $85,000 and banned him from working in the mortgage
industry for a year for an...
Read more
EU agency wants 65 pct cut in farm use of last-ditch antibiotic
LONDON, May 26 (Reuters) - Agricultural use of a last-resort
antibiotic should be cut by two-thirds to limit the spread of
dangerous drug resistance, European medicine regulators said on
Thursday.
Read more
antibiotic should be cut by two-thirds to limit the spread of
dangerous drug resistance, European medicine regulators said on
Thursday.
Read more
UPDATE 1-Don't lie, don't cheat, don't start rumours, says new FX code
LONDON, May 26 (Reuters) - The first global code of conduct
for currency trading has banned dealers from lying and starting
false rumours as part of new guidelines aimed at rebuilding
trust in a...
Read more
for currency trading has banned dealers from lying and starting
false rumours as part of new guidelines aimed at rebuilding
trust in a...
Read more
UPDATE 1-Liberia grand jury indicts Sable Mining, officials for bribery
MONROVIA, May 25 (Reuters) - A grand jury in Liberia has
indicted government officials, including the speaker of
parliament and the head of the ruling party, along with London
AIM-listed Sable Mining...
Read more
indicted government officials, including the speaker of
parliament and the head of the ruling party, along with London
AIM-listed Sable Mining...
Read more
EU mergers and takeovers (May 26)
BRUSSELS, May 26 (Reuters) - The following are mergers under
review by the European Commission and a brief guide to the EU
merger process:
Read more
review by the European Commission and a brief guide to the EU
merger process:
Read more
From hardy pigs to super-crops, gene editing poses new EU dilemma
LONDON, May 26 (Reuters) - Heat-tolerant Angus beef cattle
designed for the tropics with white coats instead of black or
red. A button mushroom that doesn't turn brown. Pigs that don't
fall sick.
Read more
designed for the tropics with white coats instead of black or
red. A button mushroom that doesn't turn brown. Pigs that don't
fall sick.
Read more
China's SAIC-GM to recall 2.16 mln vehicles as crankcase valves may corrode - watchdog
BEIJING, May 26 (Reuters) - General Motors Co's joint
venture with SAIC Motor Corp Ltd will recall about
2.16 million vehicles starting Aug. 15 because the engine
crankcase valves may corrode,...
Read more
venture with SAIC Motor Corp Ltd will recall about
2.16 million vehicles starting Aug. 15 because the engine
crankcase valves may corrode,...
Read more
Turkey's Simsek to oversee smaller portfolio in new cabinet
ANKARA, May 26 (Reuters) - Turkish Deputy Prime Minister
Mehmet Simsek will continue to oversee the Treasury and Central
Bank in the new cabinet, but his portfolio has shrunk, with
regulation of...
Read more
Mehmet Simsek will continue to oversee the Treasury and Central
Bank in the new cabinet, but his portfolio has shrunk, with
regulation of...
Read more
CORRECTED-Liberia grand jury indicts Sable Mining, officials for bribery
MONROVIA, May 25 (Reuters) - A grand jury in Liberia on
Wednesday indicted government officials, including the speaker
of parliament and the head of the ruling party, along with
London AIM-listed...
Read more
Wednesday indicted government officials, including the speaker
of parliament and the head of the ruling party, along with
London AIM-listed...
Read more
Wednesday, May 25, 2016
PRESS DIGEST - Wall Street Journal - May 26
May 26 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Colombia court rules local governments can restrict mining projects
BOGOTA, May 25 (Reuters) - Colombia's constitutional court
on Wednesday struck down a law which requires mining permits be
issued exclusively by the national government, a decision which
could open...
Read more
on Wednesday struck down a law which requires mining permits be
issued exclusively by the national government, a decision which
could open...
Read more
PRESS DIGEST- British Business - May 26
May 26 (Reuters) - The following are the top stories on the
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
Australia raises concerns over $6.5 bln Asciano buyout
SYDNEY, May 26 (Reuters) - Australia's antitrust watchdog
said on Thursday a proposed A$9.1 billion ($6.5 billion) buyout
of rail and port giant Asciano Ltd by a host of global
investors may hurt...
Read more
said on Thursday a proposed A$9.1 billion ($6.5 billion) buyout
of rail and port giant Asciano Ltd by a host of global
investors may hurt...
Read more
UPDATE 1-Australia raises concerns over $6.5 bln Asciano buyout
SYDNEY, May 26 (Reuters) - Australia's antitrust watchdog
said on Thursday a proposed A$9.1 billion ($6.5 billion) buyout
of rail and port giant Asciano Ltd by a host of global
investors may hurt...
Read more
said on Thursday a proposed A$9.1 billion ($6.5 billion) buyout
of rail and port giant Asciano Ltd by a host of global
investors may hurt...
Read more
UPDATE 2-Takata hires Lazard, seeks cash infusion after air bag deaths
May 25 (Reuters) - Takata Corp hired investment
bank Lazard Ltd to lead a financial restructuring in an effort
to resolve costs stemming from its recall of tens of millions of
faulty air bags linked...
Read more
bank Lazard Ltd to lead a financial restructuring in an effort
to resolve costs stemming from its recall of tens of millions of
faulty air bags linked...
Read more
UPDATE 2-Aetna-Humana tie-up is anti-competitive in Missouri-state regulator
May 25 (Reuters) - A tie-up of Aetna Inc and Humana
Inc would be anti-competitive in Missouri for several
types of insurance, including individual Medicare Advantage
plans where the combined company...
Read more
Inc would be anti-competitive in Missouri for several
types of insurance, including individual Medicare Advantage
plans where the combined company...
Read more
UPDATE 2-Kyrgyz court fines Centerra Gold unit Kumtor $98 mln
BISHKEK, May 25 (Reuters) - A court in Kyrgyzstan on
Wednesday fined the country's biggest gold miner, Kumtor
Operating Company, a unit of Canada's Centerra Gold Inc,
6.7 billion soms ($98 million)...
Read more
Wednesday fined the country's biggest gold miner, Kumtor
Operating Company, a unit of Canada's Centerra Gold Inc,
6.7 billion soms ($98 million)...
Read more
U.S. panel backs approval of Sanofi combination diabetes drug
May 25 (Reuters) - One day after recommending approval of a
new diabetes drug made by Novo Nordisk A/S, a U.S.
advisory panel on Wednesday recommended approval of a similar
product made by Sanofi SA.
Read more
new diabetes drug made by Novo Nordisk A/S, a U.S.
advisory panel on Wednesday recommended approval of a similar
product made by Sanofi SA.
Read more
BRIEF-Takata hires Lazard Ltd to craft restructuring plan for dealing with rising liabilities from safety crisis - WSJ
* Takata hired Lazard Ltd to craft restructuring plan for
dealing with rising liabilities from safety crisis - WSJ, citing
sources
Read more
dealing with rising liabilities from safety crisis - WSJ, citing
sources
Read more
Wells Fargo stays coy as investment bank grows
NEW YORK, May 25 (IFR) - To the surprise of exactly no one,
Wells Fargo played down talk of expansion in its investment
banking business during this week's investor day presentations.
Read more
Wells Fargo played down talk of expansion in its investment
banking business during this week's investor day presentations.
Read more
UPDATE 4-Citigroup to pay $425 mln over attempted forex, rate manipulation
May 25 (Reuters) - Citigroup Inc has agreed to pay
$425 million to resolve civil charges that it tried to
manipulate foreign exchange and interest rate benchmarks.
Read more
$425 million to resolve civil charges that it tried to
manipulate foreign exchange and interest rate benchmarks.
Read more
U.S. lawmakers endorse 'stay' on litigation in Puerto Rico rescue
WASHINGTON, May 25 (Reuters) - U.S. lawmakers on Wednesday
endorsed a temporary hold, or 'stay', on litigation while
officials hammer out a rescue for cash-strapped Puerto Rico.
Read more
endorsed a temporary hold, or 'stay', on litigation while
officials hammer out a rescue for cash-strapped Puerto Rico.
Read more
UPDATE 3-Citigroup to pay $425 mln over attempted benchmark manipulation
WASHINGTON, May 25 (Reuters) - Citigroup Inc has
agreed to pay $425 million to resolve civil charges by the
Commodities Futures Trading Commission it tried to manipulate
foreign exchange and interest...
Read more
agreed to pay $425 million to resolve civil charges by the
Commodities Futures Trading Commission it tried to manipulate
foreign exchange and interest...
Read more
UPDATE 1-SEC investigating Alibaba's accounting practices
May 25 (Reuters) - Alibaba Group Holding Ltd said
it was being investigated by the U.S. Securities and Exchange
Commission over whether the Chinese e-commerce company's
accounting practices violated...
Read more
it was being investigated by the U.S. Securities and Exchange
Commission over whether the Chinese e-commerce company's
accounting practices violated...
Read more
BRIEF-FDA grants fast track designation to Novavax' RSV F vaccine
* U.S. FDA grants fast track designation to Novavax' RSV F
vaccine for older adults
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
vaccine for older adults
Source text for Eikon:
Further company coverage:
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BRIEF-Innocoll says Xaracoll meets primary endpoint in Phase 3 trials in postoperative pain relief
* Announces Xaracoll (Bupivacaine-Collagen bioresorbable
implant) meets primary endpoint in both pivotal phase 3 trials
in postoperative pain relief
Read more
implant) meets primary endpoint in both pivotal phase 3 trials
in postoperative pain relief
Read more
Brazil top court accepts plea deal by ex-senator linked to top politicians -paper
BRASILIA, May 25 (Reuters) - Brazil's Supreme Court accepted
a plea bargain agreement with an ex-senator at the center of a
political uproar that cost the Planning Minister his job on
Monday, O...
Read more
a plea bargain agreement with an ex-senator at the center of a
political uproar that cost the Planning Minister his job on
Monday, O...
Read more
VTB head says Russian Eurobond deal good for local financial infrastructure
MOSCOW, May 25 (Reuters) - The latest Russian Eurobond
issue, which took place without the participation of major
international settlement agencies Euroclear and Clearstream, is
good for Russia's...
Read more
issue, which took place without the participation of major
international settlement agencies Euroclear and Clearstream, is
good for Russia's...
Read more
UPDATE 1-Russia to bypass foreign banks for future bonds issues - finance minister
MOSCOW, May 25 (Reuters) - Russia plans to bypass foreign
banks when it issues bonds in future, Finance Minister Anton
Siluanov said on Wednesday, following what he called "absurd"
pressure on...
Read more
banks when it issues bonds in future, Finance Minister Anton
Siluanov said on Wednesday, following what he called "absurd"
pressure on...
Read more
New Russian Eurobond issue's price up more than 1 percentage point - traders
MOSCOW, May 25 (Reuters) - The price of a new Russian
10-year Eurobond was up more than 1 percentage point to trade at
101.375 on Wednesday, two traders told Reuters.
Read more
10-year Eurobond was up more than 1 percentage point to trade at
101.375 on Wednesday, two traders told Reuters.
Read more
Deutsche Telekom sees results U.S. wireless spectrum auction in H2
COLOGNE, Germany, May 25 (Reuters) - Deutsche Telekom
expects the results of an auction of wireless
airwaves in the United States in the second half of the year,
its chief executive told...
Read more
expects the results of an auction of wireless
airwaves in the United States in the second half of the year,
its chief executive told...
Read more
BRIEF-India's finance minister ratified decision that Apple must meet local sourcing rules to open its own stores - Bloomberg
* India's finance minister ratified decision that Apple
must meet local sourcing rules to open its own stores -
Bloomberg, citing sources
Read more
must meet local sourcing rules to open its own stores -
Bloomberg, citing sources
Read more
BRIEF-Roche Holding announces FDA-approved test for use in hematopoietic stem cell transplant recipients
* Roche announces first fda-approved cmv test for use in
hematopoietic stem cell transplant recipients
Source text for Eikon:
Further company coverage:
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hematopoietic stem cell transplant recipients
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +91 806 749 1136)
Read more
Rouble not to strengthen but to be less volatile - RIA cites official
MOSCOW, May 25 (Reuters) - There is no trend for a stronger
rouble at the moment, but the volatility of the Russian currency
is expected to narrow to around 55-65 to the U.S. dollar, RIA
news agency...
Read more
rouble at the moment, but the volatility of the Russian currency
is expected to narrow to around 55-65 to the U.S. dollar, RIA
news agency...
Read more
Tuesday, May 24, 2016
RPT-UPDATE 2-U.S. FDA panel recommends approval of Novo Nordisk diabetes drug
May 24 (Reuters) - A U.S. advisory panel on Tuesday
recommended approval of a new diabetes drug made by Novo Nordisk
A/S that combines two of its existing treatments in a
fixed-dose combination...
Read more
recommended approval of a new diabetes drug made by Novo Nordisk
A/S that combines two of its existing treatments in a
fixed-dose combination...
Read more
Exxon says crude output from Indonesia's Cepu block could reach 200,000 bpd
JAKARTA, May 25 (Reuters) - Crude oil output from Exxon
Mobil's Cepu block in Indonesia could reach 200,000
barrels per day (bpd) up from 185,000 bpd at present, if the
government approves an...
Read more
Mobil's Cepu block in Indonesia could reach 200,000
barrels per day (bpd) up from 185,000 bpd at present, if the
government approves an...
Read more
RPT-UPDATE 4-Singapore orders BSI bank unit shut as 1MDB probe widens
SINGAPORE/ZURICH, May 24 (Reuters) - Singapore closed down
BSI's operations in the city-state, while Switzerland began
criminal proceedings against the private bank, in the biggest
international...
Read more
BSI's operations in the city-state, while Switzerland began
criminal proceedings against the private bank, in the biggest
international...
Read more
RPT-Oil Search, InterOil should seek competition approvals for merger -PNG watchdog
SYDNEY, May 24 (Reuters) - Papua New Guinea may challenge
the $2.2 billion merger between Oil Search Ltd and
InterOil Corp if they fail to comply with
anti-competition procedures, the country's...
Read more
the $2.2 billion merger between Oil Search Ltd and
InterOil Corp if they fail to comply with
anti-competition procedures, the country's...
Read more
CORRECTED-U.S. regulator reviews growing FHLB short-term debt
May 24 (Reuters) - The U.S. regulator that oversees the
Federal Home Loan Bank system said on Tuesday it is reviewing
the mortgage finance agency's increased use of short-term
funding, which could be...
Read more
Federal Home Loan Bank system said on Tuesday it is reviewing
the mortgage finance agency's increased use of short-term
funding, which could be...
Read more
UPDATE 3-Monsanto rejects Bayer bid, but open to more talks
May 24 (Reuters) - Monsanto Co, the world's largest
seed company, turned down Bayer AG's $62 billion
acquisition bid as "incomplete and financially inadequate" on
Tuesday, but said it was open to...
Read more
seed company, turned down Bayer AG's $62 billion
acquisition bid as "incomplete and financially inadequate" on
Tuesday, but said it was open to...
Read more
Lilly says new type of pain drug could lessen need for opioids
May 24 (Reuters) - Eli Lilly and Co on Tuesday said
it and partner Pfizer Inc aim to seek approval by 2018
for a new type of pain drug that could be an alternative to
opioids for osteoarthritis,...
Read more
it and partner Pfizer Inc aim to seek approval by 2018
for a new type of pain drug that could be an alternative to
opioids for osteoarthritis,...
Read more
UPDATE 1-U.S. Treasury to press China to improve investment climate -official
WASHINGTON, May 24 (Reuters) - Obama administration
officials will press their Chinese counterparts to take steps to
improve China's business and investment climate during bilateral
meetings in early...
Read more
officials will press their Chinese counterparts to take steps to
improve China's business and investment climate during bilateral
meetings in early...
Read more
UPDATE 2-California sues Johnson & Johnson over marketing for pelvic mesh
NEW YORK, May 24 (Reuters) - California has accused Johnson
& Johnson of failing to warn doctors and patients about
the severity and frequency of complications associated with its
pelvic mesh devices.
Read more
& Johnson of failing to warn doctors and patients about
the severity and frequency of complications associated with its
pelvic mesh devices.
Read more
California AG sues Johnson & Johnson over marketing for pelvic mesh
NEW YORK, May 24 (Reuters) - California's attorney general
filed a lawsuit on Tuesday accusing Johnson & Johnson of
failing to warn doctors and patients about the severity and
frequency of...
Read more
filed a lawsuit on Tuesday accusing Johnson & Johnson of
failing to warn doctors and patients about the severity and
frequency of...
Read more
Congress to weigh spending cuts to U.S. securities regulator
WASHINGTON, May 24 (Reuters) - The U.S. House of
Representatives will consider shaving $50 million off the budget
of the top U.S. securities regulator, despite pleas to boost the
agency's funding, in...
Read more
Representatives will consider shaving $50 million off the budget
of the top U.S. securities regulator, despite pleas to boost the
agency's funding, in...
Read more
Foreign investors bought $1.3 bln of Russia Eurobond - source
MOSCOW, May 24 (Reuters) - Foreign investors bought around
$1.3 billion of the Eurobond that Russia placed on Tuesday, a
financial market source told Reuters.
Read more
$1.3 billion of the Eurobond that Russia placed on Tuesday, a
financial market source told Reuters.
Read more
Foreign investors showed interest in Russia's Eurobond - TASS cites EconMin
MOSCOW, May 24 (Reuters) - Foreign investors showed interest
in Russia's Eurobond, TASS news agency cited Russia's Economy
Minister Alexei Ulyukayev as saying on Tuesday.
Read more
in Russia's Eurobond, TASS news agency cited Russia's Economy
Minister Alexei Ulyukayev as saying on Tuesday.
Read more
VW sees provisions sufficient for DOJ civil agreement -source
HAMBURG, May 24 (Reuters) - Volkswagen believes
it will not need to raise provisions of 16.2 billion euros
($18.1 billion) it has already made for its diesel-emissions
cheating, as it moves closer to...
Read more
it will not need to raise provisions of 16.2 billion euros
($18.1 billion) it has already made for its diesel-emissions
cheating, as it moves closer to...
Read more
UPDATE 1-Volkswagen, US make 'substantial progress' toward final deal-judge
SAN FRANCISCO/WASHINGTON May 24 (Reuters) - Volkswagen AG
and lawyers for owners and the U.S. government have
made "substantial progress" toward reaching a final agreement by
late June, a federal...
Read more
and lawyers for owners and the U.S. government have
made "substantial progress" toward reaching a final agreement by
late June, a federal...
Read more
UPDATE 2-Investigators raid Google Paris HQ in tax evasion inquiry
PARIS, May 24 (Reuters) - French investigators raided
Google's Paris headquarters on Tuesday as part of a
tax evasion inquiry, the financial prosecutor's office said.
Read more
Google's Paris headquarters on Tuesday as part of a
tax evasion inquiry, the financial prosecutor's office said.
Read more
BRIEF-Cynosure receives FDA clearance to market new picosure energy delivery system for tattoos and pigmented lesions
* Cynosure receives fda clearance to market new picosure
energy delivery system for tattoos and pigmented lesions
Read more
energy delivery system for tattoos and pigmented lesions
Read more
Anthem CEO says Cigna deal moving forward with antitrust review
NEW YORK, May 24 (Reuters) - Anthem Inc Chief
Executive Officer Joseph Swedish on Tuesday said that the
antitrust process with Cigna Corp is moving forward as
expected - including on the national...
Read more
Executive Officer Joseph Swedish on Tuesday said that the
antitrust process with Cigna Corp is moving forward as
expected - including on the national...
Read more
Brazil's BTG says to seek damages from Generali for BSI fines
BRASILIA, May 24 (Reuters) - Brazil's investment bank Banco
BTG Pactual SA will seek monetary compensation from
Italian insurer Generali for fines imposed by Swiss
and Singaporean authorities against...
Read more
BTG Pactual SA will seek monetary compensation from
Italian insurer Generali for fines imposed by Swiss
and Singaporean authorities against...
Read more
BRIEF-Celsion expects to report translational data from first two cohorts of ovation study in Q3
* Celsion Corp Says Has Completed Enrollment Of Second
Cohort Of Ovation Study And Expects To Report Clinical Data From
That Cohort Mid Year
Read more
Cohort Of Ovation Study And Expects To Report Clinical Data From
That Cohort Mid Year
Read more
French investigators raid Google's Paris HQ over tax case - source
PARIS, May 24 (Reuters) - French investigators are raiding
Google's Paris headquarters as part of a probe over
tax payments, a source close to the finance ministry told
Reuters on Tuesday.
Read more
Google's Paris headquarters as part of a probe over
tax payments, a source close to the finance ministry told
Reuters on Tuesday.
Read more
BRIEF-Proofpoint has come to agreement in principle with Finjan to settle dispute at issue in case Finjan
* Has come to an agreement in principle with Finjan to
settle dispute at issue in case Finjan, Inc. V. Proofpoint Inc
Read more
settle dispute at issue in case Finjan, Inc. V. Proofpoint Inc
Read more
SWIFT to unveil new security plan after hackers' heists
LONDON, May 24 (Reuters) - The SWIFT secure messaging
service that underpins international banking said on Tuesday it
plans to launch a new security programme as it fights to rebuild
its reputation...
Read more
service that underpins international banking said on Tuesday it
plans to launch a new security programme as it fights to rebuild
its reputation...
Read more
Oil Search, InterOil should seek competition approvals for merger -PNG watchdog
SYDNEY, May 24 (Reuters) - Papua New Guinea may challenge
the $2.2 billion merger between Oil Search Ltd and
InterOil Corp if they fail to comply with
anti-competition procedures, the country's...
Read more
the $2.2 billion merger between Oil Search Ltd and
InterOil Corp if they fail to comply with
anti-competition procedures, the country's...
Read more
Monday, May 23, 2016
RPT-SWIFT to unveil new security plan after hackers' heists
LONDON, May 24 (Reuters) - The SWIFT secure messaging
service that underpins international banking said it plans to
launch a new security programme as it fights to rebuild its
reputation in the wake...
Read more
service that underpins international banking said it plans to
launch a new security programme as it fights to rebuild its
reputation in the wake...
Read more
PRESS DIGEST - Wall Street Journal - May 24
May 24 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
U.S. House rejects bill requiring carriers to share phone location
WASHINGTON, May 23 (Reuters) - The U.S. House of
Representatives voted down on Monday a measure that would have
compelled cell phone carriers to disclose a phone's location
with law enforcement in...
Read more
Representatives voted down on Monday a measure that would have
compelled cell phone carriers to disclose a phone's location
with law enforcement in...
Read more
PRESS DIGEST- British Business - May 24
May 24 (Reuters) - The following are the top stories on the
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
UPDATE 1-Facebook says found no political bias on Trending Topics
SAN FRANCISCO, May 23 (Reuters) - Facebook Inc will
no longer rely on a top-10 list of websites to help choose items
for its Trending Topics section, even though an internal probe
showed no evidence...
Read more
no longer rely on a top-10 list of websites to help choose items
for its Trending Topics section, even though an internal probe
showed no evidence...
Read more
Bangladesh Bank heist trail goes cold in Manila as probes falter
MANILA, May 24 (Reuters) - More than three months have
passed since $81 million was stolen in a brazen cyber-heist from
Bangladesh's central bank and sent to Manila - yet authorities
in the...
Read more
passed since $81 million was stolen in a brazen cyber-heist from
Bangladesh's central bank and sent to Manila - yet authorities
in the...
Read more
PRESS DIGEST- Financial Times - May 24
May 24 (Reuters) - The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Facebook says no evidence of political bias found on 'Trending Topics'
May 23 (Reuters) - Facebook Inc said on Monday that
an investigation into its editorial practices had found no
evidence of political bias in the selection or prominence of
stories shown on its...
Read more
an investigation into its editorial practices had found no
evidence of political bias in the selection or prominence of
stories shown on its...
Read more
SWIFT to unveil new security plan after hackers' heists
LONDON, May 24 (Reuters) - The SWIFT secure messaging
service that underpins international banking said it plans to
launch a new security programme as it fights to rebuild its
reputation in the wake...
Read more
service that underpins international banking said it plans to
launch a new security programme as it fights to rebuild its
reputation in the wake...
Read more
New guilty plea in $250 mln penny stock 'pump-and-dump' scheme
NEW YORK, May 23 (Reuters) - A 71-year-old man who helped
run a complicated offshore scheme to manipulate prices of more
than 40 U.S. stocks and launder more than $250 million of profit
pleaded...
Read more
run a complicated offshore scheme to manipulate prices of more
than 40 U.S. stocks and launder more than $250 million of profit
pleaded...
Read more
UPDATE 1-Toyota recalls 1.6 million U.S. vehicles for Takata air bags
WASHINGTON, May 23 (Reuters) - Toyota Motor Corp
said on Monday it will recall almost 1.6 million additional U.S.
vehicles for front passenger side Takata air bag inflators that
could rupture.
Read more
said on Monday it will recall almost 1.6 million additional U.S.
vehicles for front passenger side Takata air bag inflators that
could rupture.
Read more
BRIEF-Allergan's botox wins Japanese approval to treat crow's feet lines
* Allergan's botox vista (botulinum toxin type a) receives
national marketing authorisation in japan for treatment of
crow's feet lines in adult patients
Read more
national marketing authorisation in japan for treatment of
crow's feet lines in adult patients
Read more
U.S. ability to police 'shadow banking' under threat - senator
WASHINGTON, May 23 (Reuters) - Recent moves in the U.S.
Congress and courts could defang the country's overarching
financial regulatory council when it comes to policing "shadow
banking," the most...
Read more
Congress and courts could defang the country's overarching
financial regulatory council when it comes to policing "shadow
banking," the most...
Read more
Goldman Sachs banker flagged BHS suitor had history of bankruptcy
LONDON, May 23 (Reuters) - Retail tycoon Philip Green's
Arcadia group was warned by a senior Goldman Sachs banker
that a possible suitor of its BHS department store chain had a
history of bankruptcy,...
Read more
Arcadia group was warned by a senior Goldman Sachs banker
that a possible suitor of its BHS department store chain had a
history of bankruptcy,...
Read more
Samsung Bioepis applies for approval to sell Remicade biosimilar in U.S.
SEOUL, May 24 (Reuters) - South Korean biosimilars maker
Samsung Bioepis Co Ltd said on Tuesday it has applied to the
U.S. Food and Drug Administration (FDA) for approval to sell its
version of...
Read more
Samsung Bioepis Co Ltd said on Tuesday it has applied to the
U.S. Food and Drug Administration (FDA) for approval to sell its
version of...
Read more
UPDATE 3-Bank of America $1.27 bln U.S. mortgage penalty is voided
NEW YORK, May 23 (Reuters) - A U.S. appeals court on Monday
threw out a jury's finding that Bank of America Corp was
liable for mortgage fraud leading up to the 2008 financial
crisis, voiding a $1.27...
Read more
threw out a jury's finding that Bank of America Corp was
liable for mortgage fraud leading up to the 2008 financial
crisis, voiding a $1.27...
Read more
Doubts mount over merger of health insurers Anthem, Cigna
May 23 (Reuters) - Wall Street expressed growing doubts
about a pending $54 billion merger of U.S. health insurers
Anthem Inc and Cigna Corp on Monday as news of
management squabbles added to...
Read more
about a pending $54 billion merger of U.S. health insurers
Anthem Inc and Cigna Corp on Monday as news of
management squabbles added to...
Read more
UPDATE 2-Libor antitrust claims are revived in setback for banks
NEW YORK, May 23 (Reuters) - A U.S. appeals court on Monday
revived a civil lawsuit accusing major banks of conspiring to
manipulate the Libor benchmark interest rate, in a big setback
for their...
Read more
revived a civil lawsuit accusing major banks of conspiring to
manipulate the Libor benchmark interest rate, in a big setback
for their...
Read more
UPDATE 2-France faults Bial and Biotrial over fatal drug trial
PARIS, May 23 (Reuters) - Portuguese drugmaker Bial and
French laboratory Biotrial are at fault "on several counts" for
a failed drug trial that left one person dead and five others
hospitalised in...
Read more
French laboratory Biotrial are at fault "on several counts" for
a failed drug trial that left one person dead and five others
hospitalised in...
Read more
Sanders rejects deal on Puerto Rico, offers alternative
WASHINGTON, May 23 (Reuters) - Democratic presidential
candidate and U.S. Senator Bernie Sanders on Monday rejected a
bipartisan deal reached in the House of Representative on
legislation to address...
Read more
candidate and U.S. Senator Bernie Sanders on Monday rejected a
bipartisan deal reached in the House of Representative on
legislation to address...
Read more
BRIEF-Parker Drilling says DOJ has filed a motion to dismiss Nigerian bribery case
* DOJ filed a motion to dismiss case with U.S. District
court based on determination co had complied with obligations
under DPA
Read more
court based on determination co had complied with obligations
under DPA
Read more
UPDATE 1-Ford seeks partnerships as it looks beyond car-making
DETROIT, May 23 (Reuters) - Ford Motor Co Chairman
Bill Ford said on Monday the automaker would look for more
partnerships with other companies as it moves to expand beyond
manufacturing and selling...
Read more
Bill Ford said on Monday the automaker would look for more
partnerships with other companies as it moves to expand beyond
manufacturing and selling...
Read more
UPDATE 1-Valeant CEO Papa plans to lower debt by more than $1.5 bln in 2016
NEW YORK, May 23 (Reuters) - Valeant Pharmaceuticals Inc
plans to lower its debt by at least $1.5 billion this
year, Chief Executive Officer Joseph Papa said on Monday during
his first large meeting...
Read more
plans to lower its debt by at least $1.5 billion this
year, Chief Executive Officer Joseph Papa said on Monday during
his first large meeting...
Read more
Kyrgyz court rules against Centerra in first of govt lawsuits
BISHKEK, May 23 (Reuters) - A court in Kyrgyzstan fined the
country's biggest gold miner Kumtor, a unit of Canada's Centerra
Gold, about $10,000 for environmental damage on Monday
in a move following...
Read more
country's biggest gold miner Kumtor, a unit of Canada's Centerra
Gold, about $10,000 for environmental damage on Monday
in a move following...
Read more
BRIEF-Rosetta Genomics announces receipt of conditional approval
* Receipt of conditional approval from new york state
department of health for company's allele-specific pcr based
assays
Source text for Eikon:
Further company coverage:
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department of health for company's allele-specific pcr based
assays
Source text for Eikon:
Further company coverage:
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BRIEF-Cryoport to provide logistics support for early stage trial
* Cryoport to provide cold chain logistics support for
International Stem Cell Corporation's Phase I clinical trial for
the treatment of Parkinson's disease
Source text for Eikon:
Further company...
Read more
International Stem Cell Corporation's Phase I clinical trial for
the treatment of Parkinson's disease
Source text for Eikon:
Further company...
Read more
UPDATE 2-Russia launches first Eurobond since sanctions imposed
MOSCOW, May 23 (Reuters) - Russia's government announced on
Monday that it was placing its first Eurobond since financial
sanctions were imposed over the Ukraine crisis, having decided
to go ahead...
Read more
Monday that it was placing its first Eurobond since financial
sanctions were imposed over the Ukraine crisis, having decided
to go ahead...
Read more
BRIEF-Vector Capital sends letter to Covisint board saying "it is time to sell the company"
* Says it has concluded that only as a private company can
Covisint Corp realize its full potential
Read more
Covisint Corp realize its full potential
Read more
Many Croats won't wait around for promised business reforms
ZAGREB, May 23 (Reuters) - Like many Croats, Marino Rescek
is looking for work abroad after years of hoping that prospects
will improve at home have brought nothing but frustration, and
reforms that...
Read more
is looking for work abroad after years of hoping that prospects
will improve at home have brought nothing but frustration, and
reforms that...
Read more
Fertilizer maker CF Industries, OCI end merger deal
May 23 (Reuters) - U.S. fertilizer maker CF Industries
Holdings Inc and Dutch rival OCI NV ended their
merger agreement on Monday, following the U.S. Treasury's steps
to curb tax avoiding inversion...
Read more
Holdings Inc and Dutch rival OCI NV ended their
merger agreement on Monday, following the U.S. Treasury's steps
to curb tax avoiding inversion...
Read more
Legal costs burn one-third of Europe bank profits since '08 - ECB
FRANKFURT, May 23 (Reuters) - European banks have spent a
third of their net profits on provisions to cover expected legal
costs since the start of the economic crisis in 2008, European
Central Bank...
Read more
third of their net profits on provisions to cover expected legal
costs since the start of the economic crisis in 2008, European
Central Bank...
Read more
Bayer shareholder warns against overpaying for Monsanto
FRANKFURT, May 23 (Reuters) - Bayer shareholder
Union Investment, a German mutual fund company, said it was
bracing for Bayer paying more for Monsanto than what the
German drugmaker is currently...
Read more
Union Investment, a German mutual fund company, said it was
bracing for Bayer paying more for Monsanto than what the
German drugmaker is currently...
Read more
Sunday, May 22, 2016
BRIEF-OCI and CF Industries announce termination proposed combination
* Termination of proposed combination of CF Industries
with OCI's European, North American and global
distribution businesses
Read more
with OCI's European, North American and global
distribution businesses
Read more
BRIEF-CF Industries terminates combination with OCI's European, North American and global distribution businesses
* Termination of proposed combination of cf industries with
OCI's European, North American and global distribution
businesses
Read more
OCI's European, North American and global distribution
businesses
Read more
Regulator asks China Molybdenum how it will finance Brazil buy
SHANGHAI, May 23 (Reuters) - China Molybdenum (CMOC)
said Chinese regulators have asked it to disclose
how it will finance its $1.5 billion acquisition of Anglo
American Plc's niobium and phosphates...
Read more
said Chinese regulators have asked it to disclose
how it will finance its $1.5 billion acquisition of Anglo
American Plc's niobium and phosphates...
Read more
Uber deal shows divide in labor's drive for role in "gig economy"
May 23 (Reuters) - The International Association of
Machinists and Aerospace Workers trumpeted an agreement reached
earlier this month to represent New York Uber drivers, saying it
"gives organized...
Read more
Machinists and Aerospace Workers trumpeted an agreement reached
earlier this month to represent New York Uber drivers, saying it
"gives organized...
Read more
PRESS DIGEST- British Business - May 23
May 23 (Reuters) - The following are the top stories on the
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
China's drugs watchdog struggles as senior staff lured away by industry
SHANGHAI, May 23 (Reuters) - Promises of higher salaries and
greater freedom at work are luring officials from China's
high-profile drugs watchdog to the companies they had regulated,
a blow just as...
Read more
greater freedom at work are luring officials from China's
high-profile drugs watchdog to the companies they had regulated,
a blow just as...
Read more
UPDATE 1-Anthem, Cigna merger squabbles could delay antitrust approval -WSJ
WASHINGTON, May 22 (Reuters) - Quarrels have broken out
behind the scenes of Anthem Inc's proposed acquisition
of Cigna Corp, as the health insurers seek regulatory
approval for their landmark deal,...
Read more
behind the scenes of Anthem Inc's proposed acquisition
of Cigna Corp, as the health insurers seek regulatory
approval for their landmark deal,...
Read more
Anthem, Cigna merger squabbles could delay antitrust approval - WSJ
WASHINGTON, May 22 (Reuters) - Quarrels have broken out
behind the scenes of Anthem Inc's proposed acquisition
of Cigna Corp, as the health insurers seek regulatory
approval for their landmark deal,...
Read more
behind the scenes of Anthem Inc's proposed acquisition
of Cigna Corp, as the health insurers seek regulatory
approval for their landmark deal,...
Read more
UPDATE 1-Israel's government approves Leviathan natural gas deal
JERUSALEM, May 22 (Reuters) - Israel has approved a deal it
hopes will fast-track development of the huge Leviathan offshore
natural gas field and end years of regulatory uncertainty that
has stifled...
Read more
hopes will fast-track development of the huge Leviathan offshore
natural gas field and end years of regulatory uncertainty that
has stifled...
Read more
Israel's government approves Leviathan natural gas deal -official
JERUSALEM, May 22 (Reuters) - Israel approved on Sunday a
deal meant to fast-track the development of the huge offshore
natural gas field Leviathan, an Energy Ministry spokeswoman
said.
Read more
deal meant to fast-track the development of the huge offshore
natural gas field Leviathan, an Energy Ministry spokeswoman
said.
Read more
UPDATE 2-Struggling Novartis heart drug boosted by new medical guidelines
* Amgen's Corlanor also added to guideline list
(Adds comment from Novartis chief medical officer)
Read more
(Adds comment from Novartis chief medical officer)
Read more
Saturday, May 21, 2016
CORRECTED-New medical guidelines back use of Novartis heart failure drug
LONDON, May 20 (Reuters) - New global guidelines on the
treatment of heart failure endorse the use of Novartis'
Entresto, boosting the prospects for a drug that has struggled
to gain traction since...
Read more
treatment of heart failure endorse the use of Novartis'
Entresto, boosting the prospects for a drug that has struggled
to gain traction since...
Read more
UPDATE 2-SWIFT tells banks to share information on hacks
LONDON, May 20 (Reuters) - International financial messaging
service SWIFT told clients on Friday to share information on
attacks on the system to help prevent hacking, after criminals
used SWIFT...
Read more
service SWIFT told clients on Friday to share information on
attacks on the system to help prevent hacking, after criminals
used SWIFT...
Read more
Friday, May 20, 2016
BRIEF-Cogentix medical adjourns May 20, 2016 annual meeting in response to court ruling
* Cogentix medical adjourns may 20, 2016 annual meeting in response to court
ruling; adjourned meeting date set for May 24, 2016 at 12:00 p.m. Ct
Read more
ruling; adjourned meeting date set for May 24, 2016 at 12:00 p.m. Ct
Read more
Canada's aboriginals tell Trudeau they can block pipelines
VANCOUVER, May 20 (Reuters) - Canadian aboriginal groups and
their allies said on Friday they have the power to block
proposed oil pipelines on land where they have proven title,
dismissing comments...
Read more
their allies said on Friday they have the power to block
proposed oil pipelines on land where they have proven title,
dismissing comments...
Read more
Alberta court ruling may trigger rise in orphaned wells -lawyers
CALGARY, Alberta, May 20 (Reuters) - Lawyers in Canada's
energy capital Calgary warned on Friday that a judge's decision
to grant lenders priority over environmental clean-up costs in
oil and gas...
Read more
energy capital Calgary warned on Friday that a judge's decision
to grant lenders priority over environmental clean-up costs in
oil and gas...
Read more
UPDATE 1-LendingClub taps Jefferies to seek loan funding -sources
May 20 (Reuters) - LendingClub Corp has hired
investment bank Jefferies LLC to help it find investors for loan
funding, people familiar with the matter said on Friday, as the
U.S. online lender seeks...
Read more
investment bank Jefferies LLC to help it find investors for loan
funding, people familiar with the matter said on Friday, as the
U.S. online lender seeks...
Read more
LendingClub taps Jefferies to seek loan funding -sources
May 20 (Reuters) - LendingClub Corp has hired
Jefferies LLC to help it find investors for loan funding, people
familiar with the matter said on Friday, as the U.S. online
lender seeks to replenish...
Read more
Jefferies LLC to help it find investors for loan funding, people
familiar with the matter said on Friday, as the U.S. online
lender seeks to replenish...
Read more
SunEdison agrees to withdraw request for independent examiner
NEW YORK, May 20 (Reuters) - SunEdison Inc has
tentatively agreed to withdraw a request for an independent
examiner for the renewable energy company's bankruptcy, its
attorneys said in court on...
Read more
tentatively agreed to withdraw a request for an independent
examiner for the renewable energy company's bankruptcy, its
attorneys said in court on...
Read more
Chicago airport staffing to increase after long security lines
CHICAGO, May 20 (Reuters) - The U.S. government is
accelerating plans to add security staff and bomb-sniffing dogs
at Chicago's two major airports after a "breakdown" earlier this
week frustrated...
Read more
accelerating plans to add security staff and bomb-sniffing dogs
at Chicago's two major airports after a "breakdown" earlier this
week frustrated...
Read more
UPDATE 2-Banks identify possible replacements for U.S. Libor
NEW YORK, May 20 (Reuters) - A group of global banks and
clearing houses, working with U.S. regulators, said on Friday it
has identified two possible replacements for Libor, the
benchmark interest...
Read more
clearing houses, working with U.S. regulators, said on Friday it
has identified two possible replacements for Libor, the
benchmark interest...
Read more
UPDATE 1-GM SUV compensation program will cost about $100 mln - source
WASHINGTON, May 20 (Reuters) - General Motors Co said
on Friday it will give debit cards or extended warranties to
146,000 North American owners of new sport utility vehicles to
compensate them...
Read more
on Friday it will give debit cards or extended warranties to
146,000 North American owners of new sport utility vehicles to
compensate them...
Read more
BRIEF-Hershey comments on FDA's new nutrition labeling regulations
* "Will work diligently to make the necessary updates to our
nutrition facts labels as requested by the FDA"
Further company coverage:
Read more
nutrition facts labels as requested by the FDA"
Further company coverage:
Read more
UPDATE 2-Rules for 'too big to fail' insurance firms coming soon-Fed official
WASHINGTON, May 20 (Reuters) - The Federal Reserve will soon
take up rules for insurance companies deemed "too big to fail"
intended to head off risks to U.S. financial stability, as well
as...
Read more
take up rules for insurance companies deemed "too big to fail"
intended to head off risks to U.S. financial stability, as well
as...
Read more
UPDATE 1-FDA to modify food label guidelines to include added sugar details
May 20 (Reuters) - The U.S. Food and Drug Administration
said it would update guidelines for nutritional labels on
packaged food and beverages to include information on added
sugar and to prominently...
Read more
said it would update guidelines for nutritional labels on
packaged food and beverages to include information on added
sugar and to prominently...
Read more
RPT-FDA to modify nutrition label guidelines for packaged food, drinks
May 20 (Reuters) - The U.S. Food and Drug Administration
will modify guidelines for nutritional labels on packaged food
and beverages to prominently display calorie count and servings,
the regulator...
Read more
will modify guidelines for nutritional labels on packaged food
and beverages to prominently display calorie count and servings,
the regulator...
Read more
UPDATE 2-FDA staff question utility, trials of Novo Nordisk diabetes drug
May 20 (Reuters) - A preliminary review by the U.S. Food and
Drug Administration of Novo Nordisk A/S's experimental
diabetes drug, IDegLira, questioned the interpretability of the
study findings and...
Read more
Drug Administration of Novo Nordisk A/S's experimental
diabetes drug, IDegLira, questioned the interpretability of the
study findings and...
Read more
Tarullo: standards for "too big to fail" insurance firms coming soon
WASHINGTON, May 20 (Reuters) - The Federal Reserve will soon
take up prudential standards and liquidity requirements for
insurance companies deemed "too big to fail" that are intended
to head off...
Read more
take up prudential standards and liquidity requirements for
insurance companies deemed "too big to fail" that are intended
to head off...
Read more
BRIEF-Manchester United files notice of 2016 AGM, proxy materials
* Files notice of 2016 annual general meeting of
shareholders and proxy materials - sec filing
Source text (http://1.usa.gov/27H45vW)
Further company coverage:
Read more
shareholders and proxy materials - sec filing
Source text (http://1.usa.gov/27H45vW)
Further company coverage:
Read more
Deutsche Bank investigates deal that may have profited staff
FRANKFURT, May 20 (Reuters) - Deutsche Bank is
investigating staff involvement in a transaction suspected of
causing a conflict of interest and has suspended bonus payments
of the staff while the...
Read more
investigating staff involvement in a transaction suspected of
causing a conflict of interest and has suspended bonus payments
of the staff while the...
Read more
BRIEF-Anavex announces U.S. FDA orphan drug designation to anavex 2-73
* Announces U.S. FDA orphan drug designation to anavex 2-73
for the treatment of rett syndrome
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
for the treatment of rett syndrome
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
China slashes GSK, AstraZeneca drug prices in cost-cutting drive
SHANGHAI/LONDON, May 20 (Reuters) - Chinese health
authorities announced price cuts of up to two-thirds for three
expensive drugs on Friday in the latest move to reduce the cost
of healthcare for...
Read more
authorities announced price cuts of up to two-thirds for three
expensive drugs on Friday in the latest move to reduce the cost
of healthcare for...
Read more
BRIEF-Cogentix Medical postpones annual meeting to May 24
* Cogentix Medical postpones May 20, 2016 annual meeting in
response to court ruling; new meeting date set for May 24, 2016
at 12:00 p.m. Central Daylight time
Read more
response to court ruling; new meeting date set for May 24, 2016
at 12:00 p.m. Central Daylight time
Read more
PRESS DIGEST - Wall Street Journal - May 20
May 20 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Thursday, May 19, 2016
U.S., Europeans promise to clarify doing business with Iran
WASHINGTON, May 19 (Reuters) - The United States and
European powers will work to clear up any confusion companies
may have about doing business with Iran following Tehran's
acceptance of a deal to...
Read more
European powers will work to clear up any confusion companies
may have about doing business with Iran following Tehran's
acceptance of a deal to...
Read more
SPECIAL REPORT-Cyber thieves exploit banks' faith in SWIFT transfer network
LONDON/CHICAGO May 20 (Reuters) - Shortly after 7 p.m. on
January 12, 2015, a message from a secure computer terminal at
Banco del Austro (BDA) in Ecuador instructed San Francisco-based
Wells Fargo...
Read more
January 12, 2015, a message from a secure computer terminal at
Banco del Austro (BDA) in Ecuador instructed San Francisco-based
Wells Fargo...
Read more
Rush for ag-chem megadeals clogs regulatory path, worries farmers
WASHINGTON/CHICAGO, May 19 (Reuters) - As Bayer AG
joins the agricultural sector's scramble to
consolidate, its bid for Monsanto Co may be a tipping
point for U.S. farmers, federal lawmakers and...
Read more
joins the agricultural sector's scramble to
consolidate, its bid for Monsanto Co may be a tipping
point for U.S. farmers, federal lawmakers and...
Read more
CORRECTED-UPDATE 5-Ex-Dean Foods chairman, gambler charged for insider trading; Mickelson settles
NEW YORK, May 19 (Reuters) - U.S. authorities on Thursday charged a former chairman of Dean Foods Co and a professional Las Vegas gambler with engaging in an insider trading scheme that netted more...
Read more
Read more
UPDATE 2-U.S. blames Plains pipeline company for Santa Barbara oil spill
LOS ANGELES, May 19 (Reuters) - Numerous lapses in safety
measures, judgment and planning by Plains All American Pipeline
LP led to and worsened a major oil spill last year that
fouled miles of...
Read more
measures, judgment and planning by Plains All American Pipeline
LP led to and worsened a major oil spill last year that
fouled miles of...
Read more
Roche breast cancer drug Perjeta rejected by UK cost agency
LONDON, May 20 (Reuters) - Roche's breast cancer
drug Perjeta, or pertuzumab, has been turned down for use on
Britain's state health service, making it the latest in a number
of pricey new cancer...
Read more
drug Perjeta, or pertuzumab, has been turned down for use on
Britain's state health service, making it the latest in a number
of pricey new cancer...
Read more
PRESS DIGEST- Financial Times - May 20
May 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
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
UPDATE 1-Canada regulator approves Kinder Morgan pipeline with conditions
VANCOUVER, May 19 (Reuters) - Canada's energy regulator on
Thursday recommended the approval of Kinder Morgan Inc's
plan to expand the Trans Mountain oil pipeline, subject to 157
conditions.
Read more
Thursday recommended the approval of Kinder Morgan Inc's
plan to expand the Trans Mountain oil pipeline, subject to 157
conditions.
Read more
SunEdison bankruptcy loan hearing moved to Friday
NEW YORK, May 19 (Reuters) - A scheduled hearing on Thursday
in U.S. Bankruptcy Court for the Southern District of New York
on a $300 million bankruptcy loan for renewable energy company
SunEdison...
Read more
in U.S. Bankruptcy Court for the Southern District of New York
on a $300 million bankruptcy loan for renewable energy company
SunEdison...
Read more
BRIEF-Rockwell Automation says co, Dow Chemical to pay $375 mln to resolve claims of class of landowners - SEC filing
* Rockwell Automation Inc says parties agreed yesterday to
settle Cook v. Rockwell International, related to U.S. DOE's
rocky flats plant in Colorado
Read more
settle Cook v. Rockwell International, related to U.S. DOE's
rocky flats plant in Colorado
Read more
UPDATE 1-China-backed AIIB to look at Putin proposals for Russia financing
SOCHI, Russia, May 19 (Reuters) - The new Chinese-backed
Asian Infrastructure Investment Bank (AIIB) will take a careful
look at proposals made by President Vladimir Putin for financing
projects in...
Read more
Asian Infrastructure Investment Bank (AIIB) will take a careful
look at proposals made by President Vladimir Putin for financing
projects in...
Read more
UPDATE 1-Senate Banking committee approves two nominees to the SEC
WASHINGTON, May 19 (Reuters) - The U.S. Senate Banking
Committee on Thursday voted to approve nominees to fill the two
vacant spots on the Securities and Exchange Commission,
according to the highest...
Read more
Committee on Thursday voted to approve nominees to fill the two
vacant spots on the Securities and Exchange Commission,
according to the highest...
Read more
UPDATE 1-EU delays vote on weed-killer glyphosate licence amid cancer row
* Debate focuses on scientific evidence over health risks
(Adds reactions from industry, green groups)
Read more
(Adds reactions from industry, green groups)
Read more
Senate Banking committee approves two nominees to the SEC
WASHINGTON, May 19 (Reuters) - The U.S. Senate Banking
Committee on Thursday voted to approve nominees to fill the two
vacant spots on the Securities and Exchange Commission, a
spokesman said.
Read more
Committee on Thursday voted to approve nominees to fill the two
vacant spots on the Securities and Exchange Commission, a
spokesman said.
Read more
Golfer Mickelson says returning Dean Foods trading gains
May 19 (Reuters) - Professional golfer Phil Mickelson said
on Thursday he has agreed to return gains he made in 2012 from
trading in Dean Foods Co stock and said he felt
"vindicated" that U.S....
Read more
on Thursday he has agreed to return gains he made in 2012 from
trading in Dean Foods Co stock and said he felt
"vindicated" that U.S....
Read more
UPDATE 1-Golfer Mickelson says returning Dean Foods trading gains
May 19 (Reuters) - Professional golfer Phil Mickelson said on Thursday he has agreed to return gains he made in 2012 from trading in Dean Foods Co stock and said he felt "vindicated" that U.S....
Read more
Read more
US appeals court revives FDIC's bank lawsuit over Colonial collapse
NEW YORK, May 19 (Reuters) - A divided federal appeals court
on Thursday revived an FDIC lawsuit accusing several major banks
of helping cause the 2009 failure of Colonial BancGroup Inc by
selling or...
Read more
on Thursday revived an FDIC lawsuit accusing several major banks
of helping cause the 2009 failure of Colonial BancGroup Inc by
selling or...
Read more
Novartis launches new Entresto trials in bid to boost sales
ZURICH, May 19 (Reuters) - Novartis's heart failure
drug Entresto will be subjected to a battery of new trials as
the Swiss drugmaker seeks to boost the medicine after a
disappointing introduction.
Read more
drug Entresto will be subjected to a battery of new trials as
the Swiss drugmaker seeks to boost the medicine after a
disappointing introduction.
Read more
BRIEF-Boston Scientific receives U.S. FDA approval for MRI spinal cord stimulator system
* Boston Scientific receives U.S. FDA approval for Precision
Montage MRI spinal cord stimulator system
Read more
Montage MRI spinal cord stimulator system
Read more
BRIEF-U.S. to announce insider trading charges against sports bettor Billy Walters & former Dean Foods chairman Thomas Davis today at noon - CNBC
* U.S. to announce insider trading charges against sports
bettor Billy Walters & former Dean Foods chairman Thomas Davis
today at noon - CNBC
(Bengaluru Newsroom: +1 646 223 8780)
Read more
bettor Billy Walters & former Dean Foods chairman Thomas Davis
today at noon - CNBC
(Bengaluru Newsroom: +1 646 223 8780)
Read more
EU delays vote on weed-killer glyphosate licence amid cancer row
BERLIN/BRUSSELS, May 19 (Reuters) - The European Union on
Thursday delayed a vote on renewing sales approval for the
pesticide glyphosate, used in Monsanto's weed-killer
Roundup, amid a transatlantic...
Read more
Thursday delayed a vote on renewing sales approval for the
pesticide glyphosate, used in Monsanto's weed-killer
Roundup, amid a transatlantic...
Read more
High Court rejects tobacco firms' appeal against UK's "plain packaging" plans
LONDON, May 19 (Reuters) - Britain can go ahead with
implementing its plan to require "plain packaging" on cigarettes
this month, after the English High Court on Thursday rejected a
legal challenge...
Read more
implementing its plan to require "plain packaging" on cigarettes
this month, after the English High Court on Thursday rejected a
legal challenge...
Read more
In meeting with Apple's Cook, China regulator stresses security
BEIJING, May 19 (Reuters) - The head of China's industry and
technology regulator stressed Chinese users' security in a
meeting with Apple Inc's chief executive in Beijing, as
the U.S. tech titan...
Read more
technology regulator stressed Chinese users' security in a
meeting with Apple Inc's chief executive in Beijing, as
the U.S. tech titan...
Read more
U.N.'s rights chief urges firms to follow Pfizer's lead on death penalty
GENEVA, May 19 (Reuters) - U.N. High Commissioner for Human
Rights Zeid Ra'ad al Hussein praised Pfizer on Thursday for
banning sales of its chemicals that have been used for lethal
injections in...
Read more
Rights Zeid Ra'ad al Hussein praised Pfizer on Thursday for
banning sales of its chemicals that have been used for lethal
injections in...
Read more
UPDATE 1-Foreign banks to start China yuan trade settlement on Friday
SHANGHAI, May 19 (Reuters) - The first batch of foreign
commercial banks has registered to directly trade yuan
used for overseas trade settlement and can begin
doing so on Friday, the foreign...
Read more
commercial banks has registered to directly trade yuan
used for overseas trade settlement and can begin
doing so on Friday, the foreign...
Read more
UPDATE 1-Australia to stiffen underpayment fines after 7-Eleven scandal
* Govt also increases funding and powers of employment
ombudsman
(Adds quotes from former competition regulator)
Read more
ombudsman
(Adds quotes from former competition regulator)
Read more
Wednesday, May 18, 2016
Australia to stiffen underpayment fines after 7-Eleven scandal
SYDNEY, May 19 (Reuters) - Australia unveiled plans on
Thursday for a tenfold hike in fines for employers who underpay
staff after 7-Eleven convenience store franchisees were accused
of ripping off...
Read more
Thursday for a tenfold hike in fines for employers who underpay
staff after 7-Eleven convenience store franchisees were accused
of ripping off...
Read more
UPDATE 1-Facebook's Zuckerberg meets U.S. conservatives over bias controversy
(Recasts with comments about meeting)
By Lisa Richwine and Dustin Volz
May 18 (Reuters) - Facebook Chief Executive Mark Zuckerberg
heard from more than a dozen U.S. conservative leaders...
Read more
By Lisa Richwine and Dustin Volz
May 18 (Reuters) - Facebook Chief Executive Mark Zuckerberg
heard from more than a dozen U.S. conservative leaders...
Read more
UPDATE 1-As Monsanto fights Argentina over soy, company eyes Brazil
CHICAGO, May 18 (Reuters) - A day after Monsanto Co
said it would stop the launch of its latest soybean trait in
Argentina due to concerns over royalty payments, company
executives downplayed the...
Read more
said it would stop the launch of its latest soybean trait in
Argentina due to concerns over royalty payments, company
executives downplayed the...
Read more
UPDATE 1-GM to unveil plan to compensate owners on fuel economy claims
WASHINGTON, May 18 (Reuters) - General Motors Co is expected
to announce plans to compensate about 130,000 individual U.S.
owners of SUVs that had inflated fuel economy labels, sources
briefed on the...
Read more
to announce plans to compensate about 130,000 individual U.S.
owners of SUVs that had inflated fuel economy labels, sources
briefed on the...
Read more
PRESS DIGEST- Financial Times - May 19
May 19 (Reuters) - The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
PRESS DIGEST- British Business - May 19
May 19 (Reuters) - The following are the top stories on the
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
BRIEF-Bristol-Myers Squibb presents two-year overall survival data on Opdivo
* Two-Year overall survival data from two pivotal opdivo
(nivolumab) trials demonstrate sustained benefit in patients
with advanced non-small cell lung cancer
Read more
(nivolumab) trials demonstrate sustained benefit in patients
with advanced non-small cell lung cancer
Read more
BRIEF-ImmunoGen reports positive early-stage data on ovarian cancer drug
* Reports efficacy and safety data from a 46 patient cohort
of mirvetuximab soravtansine in fr-positive ovarian cancer
Read more
of mirvetuximab soravtansine in fr-positive ovarian cancer
Read more
Argentine farmers urge gov't to clinch GMO deal with Monsanto
BUENOS AIRES, May 18 (Reuters) - Argentine soy growers urged
the country's government on Wednesday to strike a deal with
Monsanto Co, a day after the U.S. seed company suspended
the launch of a new...
Read more
the country's government on Wednesday to strike a deal with
Monsanto Co, a day after the U.S. seed company suspended
the launch of a new...
Read more
UPDATE 1-Caesars offers to contribute $4 bln as part of unit's bankruptcy plan
CHICAGO, May 18 (Reuters) - A new proposal for the bankrupt
operating unit of Caesars Entertainment Corp to emerge
from Chapter 11 includes a $4 billion contribution from its
parent, a lawyer for the...
Read more
operating unit of Caesars Entertainment Corp to emerge
from Chapter 11 includes a $4 billion contribution from its
parent, a lawyer for the...
Read more
More than 25,000 Madoff victims now eligible for $4 bln fund
NEW YORK, May 18 (Reuters) - The overseer of a $4 billion
U.S. Department of Justice fund for victims of Bernard Madoff's
Ponzi scheme said he expected to recommend payouts for at least
25,280...
Read more
U.S. Department of Justice fund for victims of Bernard Madoff's
Ponzi scheme said he expected to recommend payouts for at least
25,280...
Read more
UPDATE 1-Ex-Barclays trader tells court Libor rate promise was "just banter"
* All deny skewing key rate for personal gain
(Adds detail from cross-examination from paragraph 14)
Read more
(Adds detail from cross-examination from paragraph 14)
Read more
UPDATE 1-U.S. FDA approves Roche's immunotherapy for bladder cancer
May 18 (Reuters) - The U.S. Food and Drug Administration on
Wednesday granted accelerated approval for Roche Holding AG's
immunotherapy for the most common form of bladder
cancer, marking the...
Read more
Wednesday granted accelerated approval for Roche Holding AG's
immunotherapy for the most common form of bladder
cancer, marking the...
Read more
UPDATE 1-N.Y. regulator subpoenas Lending Club over interest rates, fees-source
May 18 (Reuters) - New York state's financial regulator
subpoenaed Lending Club Corp on Wednesday over its
business practices related to interest rates and fees charged to
New Yorkers, a person...
Read more
subpoenaed Lending Club Corp on Wednesday over its
business practices related to interest rates and fees charged to
New Yorkers, a person...
Read more
U.S. FDA approves Roche's immunotherapy for bladder cancer
May 18 (Reuters) - The U.S. Food and Drug Administration on
Wednesday approved Roche Holding AG's immunotherapy for
the most common form of bladder cancer.
Read more
Wednesday approved Roche Holding AG's immunotherapy for
the most common form of bladder cancer.
Read more
BRIEF-NY's financial regulator subpoenas LendingClub over business practices on interst rates & feeds charged to New Yorkers - CNBC citing DJ
* NY's financial regulator subpoenas LendingClub over
business practices on interst rates & feeds charged to New
Yorkers - CNBC citing DJ
Further company coverage:
(Bengaluru Newsroom: +1 646 223...
Read more
business practices on interst rates & feeds charged to New
Yorkers - CNBC citing DJ
Further company coverage:
(Bengaluru Newsroom: +1 646 223...
Read more
Charter Communications completes purchase of Time Warner Cable
WASHINGTON, May 18 (Reuters) - Charter Communications Inc
said Wednesday it has completed its acquisition of Time
Warner Cable Inc and Bright House Networks LLC, creating
the second-largest U.S....
Read more
said Wednesday it has completed its acquisition of Time
Warner Cable Inc and Bright House Networks LLC, creating
the second-largest U.S....
Read more
BRIEF-Roche files 510(K) with FDA for assay to aid syphilis diagnosis
* Roche submits 510 (K) filing to FDA for treponema pallidum
assay to aid clinicians in diagnosis of syphilis infection
Source text for Eikon:
Further company coverage:
Read more
assay to aid clinicians in diagnosis of syphilis infection
Source text for Eikon:
Further company coverage:
Read more
Facebook's politics under scrutiny but federal oversight seen unlikely
By Yasmeen Abutaleb and Dustin Volz
WASHINGTON, May 18 (Reuters) - As Facebook Inc Chief
Executive Mark Zuckerberg prepares to meet conservative leaders
on Wednesday to discuss allegations about...
Read more
WASHINGTON, May 18 (Reuters) - As Facebook Inc Chief
Executive Mark Zuckerberg prepares to meet conservative leaders
on Wednesday to discuss allegations about...
Read more
UPDATE 1-HK regulator says Alibaba broke takeover rules with "special deal"
HONG KONG, May 18 (Reuters) - Hong Kong's securities
regulator said that Chinese e-commerce giant Alibaba Group
Holding Ltd breached takeover rules in the purchase of
a healthcare firm in 2014...
Read more
regulator said that Chinese e-commerce giant Alibaba Group
Holding Ltd breached takeover rules in the purchase of
a healthcare firm in 2014...
Read more
UPDATE 1-Norway awards 10 new oil licences for exploration in Arctic
* Greenpeace criticises awards
(Adds details of awards, minister's comments, Greenpeace
comments)
Read more
(Adds details of awards, minister's comments, Greenpeace
comments)
Read more
BRIEF-A.G. Schneiderman settles with Home Depot and Lowe's over alleged violations of state law protecting New York waters
A.G. Schneiderman announces settlement with home depot and
lowe's over alleged widespread violations of state law
protecting new york waters
Read more
lowe's over alleged widespread violations of state law
protecting new york waters
Read more
EU says Spain, Portugal must cut deficits
BRUSSELS, May 18 (Reuters) - The European Commission
recommended on Wednesday that Spain and Portugal reduce their
excessive budget deficits during this year and next, adding it
would review the...
Read more
recommended on Wednesday that Spain and Portugal reduce their
excessive budget deficits during this year and next, adding it
would review the...
Read more
BRIEF-Health Canada authorizes ProMetic to proceed with PBI-4050 clinical trial
May 18 (Reuters) - ProMetic Life Sciences Inc Says To
Commence Clinical Trial Of Its Orally Active Anti
Read more
Commence Clinical Trial Of Its Orally Active Anti
Read more
HK regulator says Alibaba broke takeover rules due to "special deal"
HONG KONG, May 18 (Reuters) - Hong Kong's securities
regulator said on Wednesday that Chinese e-commerce giant
Alibaba Group Holding Ltd breached takeover rules in
the purchase of a healthcare...
Read more
regulator said on Wednesday that Chinese e-commerce giant
Alibaba Group Holding Ltd breached takeover rules in
the purchase of a healthcare...
Read more
Novartis breast cancer drug set to take on Pfizer's Ibrance
May 18 (Reuters) - A clinical trial testing an experimental
breast cancer pill from Novartis has been stopped early
because of good results, boosting the Swiss company's efforts to
build up its...
Read more
breast cancer pill from Novartis has been stopped early
because of good results, boosting the Swiss company's efforts to
build up its...
Read more
PRESS DIGEST - Wall Street Journal - May 18
May 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
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Tuesday, May 17, 2016
Suzuki suspected of using improper fuel economy testing in Japan - media
TOKYO, May 18 (Reuters) - Suzuki Motor Corp is
suspected of using improper fuel economy testing methods in
Japan, domestic media reported on Wednesday.
Read more
suspected of using improper fuel economy testing methods in
Japan, domestic media reported on Wednesday.
Read more
Asciano says sale approvals delayed until after Australian vote
SYDNEY, May 18 (Reuters) - Australian ports and railway
company Asciano Ltd on Wednesday said its A$9.1 billion
($6.65 billion) sale to an international consortium will be
pushed back by regulatory...
Read more
company Asciano Ltd on Wednesday said its A$9.1 billion
($6.65 billion) sale to an international consortium will be
pushed back by regulatory...
Read more
Alibaba chief cancels speech after snub by anti-counterfeiting group
May 17 (Reuters) - China's Jack Ma is canceling a planned
speech at an anti-counterfeiting conference after the trade
group behind it suspended the membership of his e-commerce giant
Alibaba Group...
Read more
speech at an anti-counterfeiting conference after the trade
group behind it suspended the membership of his e-commerce giant
Alibaba Group...
Read more
Verizon, striking unions to continue talks, U.S. Labor Dept. says
May 17 (Reuters) - Verizon Communications Inc and
representatives from two striking unions will continue contract
discussions in Washington this week with the help of the U.S.
Department of Labor,...
Read more
representatives from two striking unions will continue contract
discussions in Washington this week with the help of the U.S.
Department of Labor,...
Read more
UPDATE 1-Brazil delays leniency deals in graft probe, calls for rigor
SAO PAULO/BRASILIA, May 17 (Reuters) - Brazil's new interim
government is suspending negotiations with construction
companies caught up in a massive corruption investigation in
order to make leniency...
Read more
government is suspending negotiations with construction
companies caught up in a massive corruption investigation in
order to make leniency...
Read more
U.S. FDA approves first appetite-stimulating drug for dogs
May 17 (Reuters) - The U.S. Food and Drug Administration
approved the first drug to stimulate appetite in dogs, Aratana
Therapeutics Inc, which developed the treatment, said
on Tuesday.
Read more
approved the first drug to stimulate appetite in dogs, Aratana
Therapeutics Inc, which developed the treatment, said
on Tuesday.
Read more
PRESS DIGEST- Financial Times - May 18
May 18 (Reuters) - The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
UPDATE 1-Monsanto suspends new soybean technologies in Argentina
BUENOS AIRES, May 17 (Reuters) - Monsanto Co said on Tuesday
it would suspend future soybean technologies in Argentina, a
move that could limit output of the country's main cash crop,
after a...
Read more
it would suspend future soybean technologies in Argentina, a
move that could limit output of the country's main cash crop,
after a...
Read more
BRIEF-Aratana Therapeutics says FDA approved its drug for appetite stimulation in dogs
* Intends to commercially launch Entyce in conjunction with
North American Veterinary Conference in February 2017
Read more
North American Veterinary Conference in February 2017
Read more
U.S. Senate set to approve $1.1 billion in Zika virus funding
WASHINGTON, May 17 (Reuters) - The U.S. Senate on Tuesday
cleared the way for approval of $1.1 billion in immediate funds
to battle the Zika virus, well above what is in legislation
pending in the...
Read more
cleared the way for approval of $1.1 billion in immediate funds
to battle the Zika virus, well above what is in legislation
pending in the...
Read more
BRIEF-Mallinckrodt says first patient enrolled in phase 4 trial of H.P. Acthar gel for rare cause of nephrotic syndrome
* First patient enrolled in mallinckrodt phase 4 trial of
h.p. acthar gel for rare cause of nephrotic syndrome
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h.p. acthar gel for rare cause of nephrotic syndrome
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Brazil suspends leniency deals with companies in corruption probe
SAO PAULO, May 17 (Reuters) - Brazil's new Minister of
Transparency and Oversight said he was suspending negotiations
of leniency agreements sought by engineering and construction
companies caught up...
Read more
Transparency and Oversight said he was suspending negotiations
of leniency agreements sought by engineering and construction
companies caught up...
Read more
UPDATE 1-Senior female exec at Bank of America sues over 'bro's club'
NEW YORK, May 17 (Reuters) - A senior female fixed-income
banker at Bank of America Corp has filed a lawsuit
accusing the bank of underpaying her and other women, and
retaliating when she complained...
Read more
banker at Bank of America Corp has filed a lawsuit
accusing the bank of underpaying her and other women, and
retaliating when she complained...
Read more
UPDATE 1-Walgreens makes overdose remedy prescription-free in New Mexico
May 17 (Reuters) - Walgreens Boots Alliance Inc. is
making the opioid antidote naloxone available without a
prescription in all its pharmacies in New Mexico, part of a plan
to make the drug readily...
Read more
making the opioid antidote naloxone available without a
prescription in all its pharmacies in New Mexico, part of a plan
to make the drug readily...
Read more
Oracle co-CEO says Google caused Oracle revenue to plummet
SAN FRANCISCO, May 17 (Reuters) - Longtime customers
dramatically reduced the amount of licensing revenue they paid
to use Oracle products after Google stole its copyrighted
software to enter the...
Read more
dramatically reduced the amount of licensing revenue they paid
to use Oracle products after Google stole its copyrighted
software to enter the...
Read more
BRIEF-Coherus Biosciences provides update on '135 IPR
* Coherus Biosciences Inc - Received favorable decision from
Us Patent and Trademark Office instituting co's petition for
inter partes review of Abbvie's U.S. Patent 8,889,135
Read more
Us Patent and Trademark Office instituting co's petition for
inter partes review of Abbvie's U.S. Patent 8,889,135
Read more
LendingClub now targeted in shareholder lawsuit
May 17 (Reuters) - LendingClub Corp has been hit with
the first of what could be many federal lawsuits by shareholders
who say the online lender, which forced out its chief executive
last week,...
Read more
the first of what could be many federal lawsuits by shareholders
who say the online lender, which forced out its chief executive
last week,...
Read more
CFTC nears completion of amendments to spec limits rule-Risk.net
May 17 (Reuters) - The U.S. Commodity Futures Trading
Commission (CFTC) is nearing completion of a set of amendments
to its proposed rule on limits to speculative positions in
derivatives, risk...
Read more
Commission (CFTC) is nearing completion of a set of amendments
to its proposed rule on limits to speculative positions in
derivatives, risk...
Read more
BRIEF-UK's CMA to refer Hain Frozen Food's buy of Orchard House unless undertakings offered
* Hain Frozen Food's acquisition of Orchard House Foods will
be referred for in-depth merger investigation unless acceptable
undertakings offered
Source text: (http://bit.ly/1OxIkmx)
Further company...
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be referred for in-depth merger investigation unless acceptable
undertakings offered
Source text: (http://bit.ly/1OxIkmx)
Further company...
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BRIEF-LendingClub says restatement of financials not required
* Due to material weakness in internal control over
financial reporting, acting CEO,CFO concluded disclosure
procedures were not effective
Read more
financial reporting, acting CEO,CFO concluded disclosure
procedures were not effective
Read more
LendingClub says it need not restate financial statements
May 17 (Reuters) - LendingClub Corp said on Tuesday it would
not need to restate financial statements as a result of the
"material weakness" in internal controls that led to the exit of
the online...
Read more
not need to restate financial statements as a result of the
"material weakness" in internal controls that led to the exit of
the online...
Read more
AstraZeneca boosted by good results for biotech asthma drug
LONDON, May 17 (Reuters) - AstraZeneca's drive to
rebuild its portfolio of new medicines received a boost on
Tuesday with positive results for a biotech drug for severe
asthma that the company has...
Read more
rebuild its portfolio of new medicines received a boost on
Tuesday with positive results for a biotech drug for severe
asthma that the company has...
Read more
PRESS DIGEST - Wall Street Journal - May 17
May 17 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
UK competition watchdog unveils measures to improve banking competition
LONDON, May 17 (Reuters) - Britain's biggest banks will have
to cap unauthorised overdraft fees and join a price-comparison
website to give customers better service, Britain's competition
watchdog...
Read more
to cap unauthorised overdraft fees and join a price-comparison
website to give customers better service, Britain's competition
watchdog...
Read more
Monday, May 16, 2016
BRIEF-Dex Media Inc files for chapter 11 bankruptcy protection in district of Delaware
* Dex Media Inc files for chapter 11 bankruptcy protection
in district of Delaware- court filing
Read more
in district of Delaware- court filing
Read more
Taiwan begins review of Chinese Tsinghua's chip stake deals in island
TAIPEI, May 17 (Reuters) - Taiwanese regulators have begun
reviewing Chinese state-backed Tsinghua Unigroup's proposals to
buy stakes worth nearly $1 billion in two domestic semiconductor
companies,...
Read more
reviewing Chinese state-backed Tsinghua Unigroup's proposals to
buy stakes worth nearly $1 billion in two domestic semiconductor
companies,...
Read more
UPDATE 1-Lending Club under probe by U.S. Justice Dept, receives subpoena
May 16 (Reuters) - The U.S. Department of Justice has opened
an investigation of Lending Club Corp, the online lender
whose chief executive, Renaud Laplanche, was forced out last
week after an...
Read more
an investigation of Lending Club Corp, the online lender
whose chief executive, Renaud Laplanche, was forced out last
week after an...
Read more
UPDATE 2-U.S. natgas pipeline firm challenges NY regulator's permit denial
NEW YORK, May 16 (Reuters) - Constitution Pipeline Company
LLC on Monday launched a last-ditch legal challenge to gain
approval in New York for its 124-mile (200-km) natural gas
pipeline project...
Read more
LLC on Monday launched a last-ditch legal challenge to gain
approval in New York for its 124-mile (200-km) natural gas
pipeline project...
Read more
PRESS DIGEST- British Business - May 17
May 17 (Reuters) - The following are the top stories on the
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
UPDATE 1-Office Depot considering sale of some European operations
May 16 (Reuters) - Office Depot Inc said on Monday
it was considering selling some of its European operations,
nearly a week after the No. 2 office supply chain and bigger
rival Staples Inc called...
Read more
it was considering selling some of its European operations,
nearly a week after the No. 2 office supply chain and bigger
rival Staples Inc called...
Read more
BRIEF-LendingClub says has received a subpoena from the DOJ
* Board review noted former ceo and cfo had pledged some co
shares to secure personal loans from third-party financial
institution
Read more
shares to secure personal loans from third-party financial
institution
Read more
BRIEF-Chesapeake Utilities says unit begins regulatory process for expansion
* Chesapeake Utilities Corp says natural gas transmission
subsidiary begins regulatory process for its 2017 expansion
project
Read more
subsidiary begins regulatory process for its 2017 expansion
project
Read more
UPDATE 2-N.Y. brokers must pay $1.9 mln for insider trading -U.S. judge
NEW YORK, May 16 (Reuters) - Two former New York
stockbrokers must pay $1.9 million after a U.S. jury found them
liable for having engaged in insider trading based on
confidential tips about an IBM...
Read more
stockbrokers must pay $1.9 million after a U.S. jury found them
liable for having engaged in insider trading based on
confidential tips about an IBM...
Read more
BRIEF-Carl Icahn cuts in Paypal Holdings, Dissolves in Mentor Graphics
* Carl icahn cuts shared share stake in paypal holdings inc
by 18.2 percent to 37.8 million shares
Read more
by 18.2 percent to 37.8 million shares
Read more
UPDATE 1-U.S. regulators move toward tracking Treasury cash trades
WASHINGTON, May 16 (Reuters) - The U.S. Securities and
Exchange Commission and Treasury Department are weighing having
brokers and dealers report Treasury cash transactions to a
single database as...
Read more
Exchange Commission and Treasury Department are weighing having
brokers and dealers report Treasury cash transactions to a
single database as...
Read more
BRIEF-Enzo Biochem reaches settlement with unit of Thermo Fisher
* Settlement does not affect unit's action brought in
federal district court in new haven, ct against life
technologies' predecessors
Read more
federal district court in new haven, ct against life
technologies' predecessors
Read more
Congo PM proposes deep budget cuts, warning of hyperinflation
KINSHASA, May 16 (Reuters) - Democratic Republic of Congo's
prime minister proposed cutting operating costs of government
ministries and other public services by 30 percent on Monday,
warning of a...
Read more
prime minister proposed cutting operating costs of government
ministries and other public services by 30 percent on Monday,
warning of a...
Read more
Hacker pleads guilty in U.S. over press release insider scheme
May 16 (Reuters) - A Ukrainian man has become the first
computer hacker to plead guilty in what U.S. authorities called
a worldwide scheme to hack into services that distribute
corporate news...
Read more
computer hacker to plead guilty in what U.S. authorities called
a worldwide scheme to hack into services that distribute
corporate news...
Read more
UPDATE 1-Key plaintiff objects to deal in Uber driver lawsuit
SAN FRANCISCO, May 16 (Reuters) - A key plaintiff in a
driver class action against Uber said he does not support a
proposed settlement in which thousands of drivers would receive
up to $100 million,...
Read more
driver class action against Uber said he does not support a
proposed settlement in which thousands of drivers would receive
up to $100 million,...
Read more
N.Y. brokers must pay $1.9 million for insider trading: U.S. judge
NEW YORK, May 16 (Reuters) - Two former New York
stockbrokers must pay $1.9 million after being found liable on
charges by the U.S. Securities and Exchange Commission that they
traded on confidential...
Read more
stockbrokers must pay $1.9 million after being found liable on
charges by the U.S. Securities and Exchange Commission that they
traded on confidential...
Read more
State Street likely to pay over $500 mln to settle lawsuits-WSJ
May 16 (Reuters) - State Street Corp is nearing a
deal to pay more than $500 million to end long-running
investigations over allegations that the custody bank
dishonestly overcharged clients on...
Read more
deal to pay more than $500 million to end long-running
investigations over allegations that the custody bank
dishonestly overcharged clients on...
Read more
UPDATE 2-Corning subsidiary to pay $66.5 mln in auto price fixing probe
WASHINGTON, May 16 (Reuters) - A Japanese subsidiary of
Corning Inc has agreed to pay $66.5 million in criminal
fines and plead guilty to fixing the prices of materials used in
catalytic converters...
Read more
Corning Inc has agreed to pay $66.5 million in criminal
fines and plead guilty to fixing the prices of materials used in
catalytic converters...
Read more
UPDATE 2-Valeant to increase hospital discounts for two heart drugs
May 16 (Reuters) - Valeant Pharmaceuticals International Inc
said on Monday it would raise the discounts to
hospitals on its heart drugs Nitropress and Isuprel to as much
as 40 percent off list...
Read more
said on Monday it would raise the discounts to
hospitals on its heart drugs Nitropress and Isuprel to as much
as 40 percent off list...
Read more
BRIEF-Boeing files for senior notes offering of up to $1 bln
* Files for senior notes offering of up to $1.0 billion -
SEC filing
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BRIEF-State Street files for potential notes offering
* Files for potential notes offering; size not disclosed -
SEC filing
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SEC filing
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U.N. committee finds weed killer glyphosate unlikely to cause cancer
LONDON, May 16 (Reuters) - The weed-killing pesticide
glyphosate, made by Monsanto and widely used in
agriculture and by gardeners, probably does not cause cancer,
according to a new safety review by...
Read more
glyphosate, made by Monsanto and widely used in
agriculture and by gardeners, probably does not cause cancer,
according to a new safety review by...
Read more
UPDATE 1-U.S. top court rejects Exxon appeal in groundwater contamination case
WASHINGTON, May 16 (Reuters) - The U.S. Supreme Court on
Monday rejected Exxon Mobil Corp's appeal of a $236
million judgment against the oil company in a case brought by
the state of New Hampshire...
Read more
Monday rejected Exxon Mobil Corp's appeal of a $236
million judgment against the oil company in a case brought by
the state of New Hampshire...
Read more
BRIEF-SEC to not recommend enforcement action against Real Goods Solar
* On may 11, 2016, co advised by U.S. SEC staff that staff
did not intend to recommend enforcement action against co - SEC
filing
Read more
did not intend to recommend enforcement action against co - SEC
filing
Read more
BRIEF-Teligent announces FDA approval of triamcinolone acetonide ointment
* Teligent, Inc announces FDA approval of triamcinolone
acetonide ointment usp, 0.1%
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acetonide ointment usp, 0.1%
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BRIEF-Trevena says TRV027 did not achieve primary or secondary endpoints in BLAST-AHF Phase 2B trial in acute heart failure
* Expects to focus its efforts on its lead Phase 3
oliceridine pain program and its earlier stage programs
Read more
oliceridine pain program and its earlier stage programs
Read more
UPDATE 1-HSBC axes 840 IT jobs in Britain in first big wave of planned cuts
LONDON, May 16 (Reuters) - HSBC, Europe's largest
bank, started laying off 840 information technology workers in
Britain on Monday, the first big tranche of redundancies under a
restructuring plan...
Read more
bank, started laying off 840 information technology workers in
Britain on Monday, the first big tranche of redundancies under a
restructuring plan...
Read more
BRIEF-Pluristem completes enrollment of 150 patients in phase II intermittent claudication trial
* Pluristem completes enrollment of 150 patients in phase ii
intermittent claudication trial
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intermittent claudication trial
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BRIEF-Breitburn Energy lists assets and liabilities in $1 billion to $10 billion range- court filing
* Breitburn Energy Partners lists assets in the $1 billion
to $10 billion range, liabilities in the $1 billion to $10
billion range- Court filing
Source text : (http://1.usa.gov/1Tcv6D5)
Further...
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to $10 billion range, liabilities in the $1 billion to $10
billion range- Court filing
Source text : (http://1.usa.gov/1Tcv6D5)
Further...
Read more
Sunday, May 15, 2016
PRESS DIGEST- British Business - May 16
May 16 - The following are the top stories on the business
pages of British newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
pages of British newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
UPDATE 1-Amazon to launch new private labels in coming weeks - WSJ
May 15 (Reuters) - Amazon.com Inc will launch new
lines of its private-label brands in the coming weeks, the Wall
Street Journal reported, citing people familiar with the matter.
Read more
lines of its private-label brands in the coming weeks, the Wall
Street Journal reported, citing people familiar with the matter.
Read more
BRIEF-Energy Transfer Equity responds to third Williams lawsuit
* Disappointed that Williams, rather than engaging in
discussions, has chosen to file a third separate lawsuit
Read more
discussions, has chosen to file a third separate lawsuit
Read more
Cash-starved Brazil considers selling off public assets -paper
RIO DE JANEIRO, May 15 (Reuters) - Brazil's government is
considering selling stakes in state-controlled assets including
its postal company as well as holdings in transport, power and
insurance...
Read more
considering selling stakes in state-controlled assets including
its postal company as well as holdings in transport, power and
insurance...
Read more
UPDATE 1-Google faces record 3 bln euro EU antitrust fine -Telegraph
LONDON, May 15 (Reuters) - Google faces a record
antitrust fine of around 3 billion euros ($3.4 billion) from the
European Commission in the coming weeks, British newspaper The
Sunday Telegraph said.
Read more
antitrust fine of around 3 billion euros ($3.4 billion) from the
European Commission in the coming weeks, British newspaper The
Sunday Telegraph said.
Read more
Google faces record 3 bln euro EU antitrust fine -Telegraph
LONDON, May 15 (Reuters) - Google faces a record
antitrust fine of around 3 billion euros ($3.4 billion) from the
European Commission in the coming weeks, the British newspaper
Sunday Telegraph said.
Read more
antitrust fine of around 3 billion euros ($3.4 billion) from the
European Commission in the coming weeks, the British newspaper
Sunday Telegraph said.
Read more
Facebook, Twitter, Youtube face hate speech complaints in France
PARIS, May 15 (Reuters) - Three French anti-racism
associations said on Sunday they would file legal complaints
against social networks Facebook, Twitter and
Google's Youtube for failing to remove...
Read more
associations said on Sunday they would file legal complaints
against social networks Facebook, Twitter and
Google's Youtube for failing to remove...
Read more
Saturday, May 14, 2016
Williams files suit to prevent Energy Transfer from terminating deal
May 13 (Reuters) - Williams Companies Inc said it
has filed a lawsuit against Energy Transfer Equity LP to
prevent it from terminating its once-coveted deal for Williams.
Read more
has filed a lawsuit against Energy Transfer Equity LP to
prevent it from terminating its once-coveted deal for Williams.
Read more
Friday, May 13, 2016
China complains to WTO that U.S. fails to implement tariff ruling
WASHINGTON, May 13 (Reuters) - In another sign of escalating
trade tensions between China and the United States, Beijing told
the World Trade Organization on Friday that Washington was
failing to...
Read more
trade tensions between China and the United States, Beijing told
the World Trade Organization on Friday that Washington was
failing to...
Read more
BRIEF-Williams files lawsuit seeking to prevent ETE from avoiding its obligations under merger agreement
* Williams files lawsuit seeking to prevent ETE from
avoiding its obligations under merger agreement
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avoiding its obligations under merger agreement
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BRIEF-Oaktree Capital Group files for potential mixed shelf offering
* Files for potential mixed shelf offering; size not
disclosed - sec filing
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disclosed - sec filing
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BRIEF-First Marblehead receives letter from Consumer Financial Protection Bureau
* On May 11, 2016, First Marblehead Corporation received a
letter from Consumer Financial Protection Bureau
Read more
letter from Consumer Financial Protection Bureau
Read more
Puerto Rico reports first case of Zika-related microcephaly
NEW YORK, May 13 (Reuters) - Puerto Rico's health ministry
confirmed on Friday its first case of Zika-related microcephaly
in a fetus, increasing concerns of the virus' spread by
mosquitoes and the...
Read more
confirmed on Friday its first case of Zika-related microcephaly
in a fetus, increasing concerns of the virus' spread by
mosquitoes and the...
Read more
BRIEF-Argos Therapeutics files for resale of up to 6.4 mln shares
* Files for resale of up to 6.4 million shares of common
stock - sec filing
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stock - sec filing
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GM halts sales of some new U.S. SUVS due to overstated fuel economy
WASHINGTON, May 13 (Reuters) - General Motors Co said on
Friday it is temporarily halting sales of about 60,000 new 2016
U.S. SUVs because the vehicles' window labels overstate their
fuel efficiency.
Read more
Friday it is temporarily halting sales of about 60,000 new 2016
U.S. SUVs because the vehicles' window labels overstate their
fuel efficiency.
Read more
UPDATE 1-GM halts some U.S. SUV sales after fuel economy overstated
WASHINGTON, May 13 (Reuters) - General Motors Co said on
Friday it was temporarily halting sales of about 60,000 new 2016
U.S. SUVs because the vehicles' window labels overstated their
fuel...
Read more
Friday it was temporarily halting sales of about 60,000 new 2016
U.S. SUVs because the vehicles' window labels overstated their
fuel...
Read more
Norway helicopter crash investigation focuses on rotor blade mounting
OSLO, May 13 (Reuters) - An investigation into the cause of
a fatal North Sea helicopter crash is focusing on the parts of
the aircraft that connected the rotor blades to the main body of
the...
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a fatal North Sea helicopter crash is focusing on the parts of
the aircraft that connected the rotor blades to the main body of
the...
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UPDATE 1-Air Liquide purchase of Airgas approved with conditions -FTC
WASHINGTON, May 13 (Reuters) - A merger of industrial gas
suppliers Air Liquide and Airgas Inc has been
approved with conditions, the Federal Trade Commission said on
Friday.
Read more
suppliers Air Liquide and Airgas Inc has been
approved with conditions, the Federal Trade Commission said on
Friday.
Read more
Berkshire's NetJets settles U.S. immigration bias claim
May 13 (Reuters) - NetJets, the luxury plane unit of Warren
Buffett's Berkshire Hathaway Inc, agreed to settle U.S.
government charges that it discriminated against immigrant
workers by requiring...
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Buffett's Berkshire Hathaway Inc, agreed to settle U.S.
government charges that it discriminated against immigrant
workers by requiring...
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UPDATE 1-Lowe's settles U.S. claims it fired workers on medical leave
May 13 (Reuters) - Lowe's Cos has reached an $8.6
million settlement of a U.S. agency lawsuit accusing the
nation's second-largest home improvement retailer of illegally
firing workers who went on...
Read more
million settlement of a U.S. agency lawsuit accusing the
nation's second-largest home improvement retailer of illegally
firing workers who went on...
Read more
M&T Bank in $64 million U.S. settlement over mortgage loans
May 13 (Reuters) - M&T Bank Corp, a large northeast
U.S. regional bank, agreed to pay $64 million to settle charges
it knowingly misled the government into insuring hundreds of
risky mortgage loans...
Read more
U.S. regional bank, agreed to pay $64 million to settle charges
it knowingly misled the government into insuring hundreds of
risky mortgage loans...
Read more
EU mergers and takeovers (May 13)
BRUSSELS, May 13 (Reuters) - The following are mergers under
review by the European Commission and a brief guide to the EU
merger process:
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review by the European Commission and a brief guide to the EU
merger process:
Read more
Lowe's settles U.S. claims it fired people on medical leave
May 13 (Reuters) - Lowe's Cos has reached an $8.6
million settlement of a U.S. agency lawsuit accusing the home
improvement retailer of illegally firing workers who were on
medical leave for a long...
Read more
million settlement of a U.S. agency lawsuit accusing the home
improvement retailer of illegally firing workers who were on
medical leave for a long...
Read more
BRIEF-Becton Dickinson received CE mark for BD MAX Vaginal Panel
* Obtained CE mark for BD MAX Vaginal Panel
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BRIEF-Edge Therapeutics says received FDA fast-track designation for drug to treat subarachnoid hemorrhage
* Expects to begin enrollment in mid-2016, a pivotal phase 3
multi-center, multi-national, randomized, double-blind,
placebo-controlled, parallel-group study
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multi-center, multi-national, randomized, double-blind,
placebo-controlled, parallel-group study
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BRIEF-ResMed says ITC to investigate infringement of its patents
* International trade commission to investigate chinese
manufacturer BMC Medical's infringement of resmed patents
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manufacturer BMC Medical's infringement of resmed patents
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London's office market resists Brexit flight risk
LONDON, May 13 (Reuters) - The prospect of Britain quitting
the European Union has inflicted little damage so far on demand
for space in London's financial hubs, first quarter rental data
suggests,...
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the European Union has inflicted little damage so far on demand
for space in London's financial hubs, first quarter rental data
suggests,...
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Personal data of Chinese elites purportedly leaked on Twitter
BEIJING, May 13 (Reuters) - The purported personal details
of numerous Chinese business moguls and poltically-connected
elite have been posted to an anonymous Twitter account, an
embarrassing leak...
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of numerous Chinese business moguls and poltically-connected
elite have been posted to an anonymous Twitter account, an
embarrassing leak...
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Coca-Cola HBC would consider expanding in Africa
LONDON, May 13 (Reuters) - Coca-Cola HBC, a bottler
of Coca-Cola drinks, is open to further acquisitions in
Africa if the right opportunity became available, its chief
executive said on Friday.
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of Coca-Cola drinks, is open to further acquisitions in
Africa if the right opportunity became available, its chief
executive said on Friday.
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INSIGHT-For Deutsche Bank's Cryan, profit can wait
FRANKFURT, May 13 (Reuters) - Almost one year into his
tenure as Deutsche Bank's chief executive, John Cryan says he
has ushered in a new culture of openness, rooted out bad
behaviour and set about...
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tenure as Deutsche Bank's chief executive, John Cryan says he
has ushered in a new culture of openness, rooted out bad
behaviour and set about...
Read more
Thursday, May 12, 2016
PRESS DIGEST- New York Times business news - May 13
May 13 (Reuters) - The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
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New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
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Trump says Amazon.com has 'a huge antitrust problem'
WASHINGTON, May 12 (Reuters) - U.S. Republican presidential
candidate Donald Trump said on Thursday that Amazon.com, the
world's biggest online retailer, has "a huge antitrust problem."
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candidate Donald Trump said on Thursday that Amazon.com, the
world's biggest online retailer, has "a huge antitrust problem."
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BRIEF-Charter, Time Warner Cable and Bright House Networks receive final regulatory approval for transactions
* Charter, Time Warner Cable and Bright House Networks receive final regulatory approval for
transactions
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transactions
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PRESS DIGEST- British Business - May 13
May 13 (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.
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business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
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U.S. Senator Rand Paul to back bill blocking FBI hacking expansion
WASHINGTON, May 12 (Reuters) - Kentucky Senator Rand Paul
plans to become the first Republican co-sponsor of legislation
to block a pending judicial rule change that would let U.S.
judges issue...
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plans to become the first Republican co-sponsor of legislation
to block a pending judicial rule change that would let U.S.
judges issue...
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U.S. lawmakers put pressure on EPA over handling of glyphosate review
CHICAGO, May 12 (Reuters) - U.S. lawmakers have asked the
Environmental Protection Agency (EPA) to explain why it
published - and then withdrew - documents related to its review
of glyphosate, the...
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Environmental Protection Agency (EPA) to explain why it
published - and then withdrew - documents related to its review
of glyphosate, the...
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UPDATE 3-Walkout over court comments mars Uganda president's inauguration
* Social media sites blocked before oath ceremony
(Adds walkout by U.S., EU, Canadian officials)
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(Adds walkout by U.S., EU, Canadian officials)
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RPT-UPDATE 3-Walkout over court comments mars Uganda president's inauguration
KAMPALA, May 12 (Reuters) - Uganda's veteran president vowed
to fight corruption and inefficient bureaucracy on Thursday as
he was sworn in to a fifth term in office, but some Western
officials...
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to fight corruption and inefficient bureaucracy on Thursday as
he was sworn in to a fifth term in office, but some Western
officials...
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UPDATE 1-California approves Charter-TWC deal
NEW YORK, May 12 (Reuters) - Charter Communications Inc
said on Thursday its proposal to buy Time Warner Cable
Inc was approved by the California Public Utilities
Commission, overcoming the last...
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said on Thursday its proposal to buy Time Warner Cable
Inc was approved by the California Public Utilities
Commission, overcoming the last...
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