Monday, May 30, 2016

PRESS DIGEST- British Business - May 31

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

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

UPDATE 1-Germany to shut nuclear liability loophole -sources

* Govt wants to ensure utilities liable for nuclear shutdown

costs

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...

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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

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

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

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

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

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...

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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

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

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

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

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

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

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

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

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

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

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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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

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

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

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

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...

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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...

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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

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...

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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

BRIEF-Protea Biosciences files for common stock offering of up to 3.1 mln shares

* Files for common stock offering of up to 3.1 million

shares - sec filing

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

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

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:

(Bengaluru Newsroom:...

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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

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

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

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

BRIEF-Thermo Fisher to acquire FEI Company for $4.2 bln

* Deal expected to be immediately accretive to adjusted

earnings per share

Read more

EU considers alternatives to common bank deposit insurance

* EU Commission asked to detail costs of EDIS - Dutch

Presidency

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

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

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

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

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

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

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

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...

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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

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

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

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

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

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

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

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

BRIEF-Twilio files for IPO of up to $100 mln of class a common stock

* Twilio Inc Files For Ipo Of Up To $100 Mln Of Class A

Common Stock - Sec filing

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

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...

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BRIEF-3M wins patent infringement lawsuit against Dental Direkt

* Court decision is based on a German patent and on German

portion of a European patent

Read more

BRIEF-Signal Genetics receives extension to comply with Nasdaq continued listing requirement

* Signal Genetics receives extension to comply with Nasdaq

continued listing requirement

Read more

Don't lie, don't cheat, don't start rumours, says new FX code

* Update on adherence: http://www.bis.org/mktc/fxwg/am_may16.pdf

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

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

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

UPDATE 1-Reformist deputy PM's wings clipped in new Turkish government

* Presidential agenda may crimp room for reform

(Adds market reaction, details)

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

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

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, 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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

BRIEF-Siliconware Precision Industries applies for halt of trading of shares

May 25 (Reuters) - Siliconware Precision Industries Co Ltd

:

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

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

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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...

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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

BSI Singapore shutdown a wake-up call for private banks in Asia

* BSI accused of failures in checking sources of clients'

funds

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...

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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

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

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

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:

(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

Tuesday, May 24, 2016

BRIEF-Spain's competition watchdog approves Slim's bid for FCC, Realia

May 25 (Reuters) - Control Empresarial de Capitales SA de

CV:

Read more

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

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

BRIEF-IDegLira receives 16-0 vote in favor of approval from FDA

* Says recommendation for approval was based on data from

clinical trials of IDegLira

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

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

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

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

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

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

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

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

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

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

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

UPDATE 1-Egypt forensics chief says too soon to say explosion downed plane

* Officials say still too soon to say what brought plane

down

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

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...

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Investigators play down explosion theory in EgyptAir crash

* Officials say still too soon to say what brought plane

down

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

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

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

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

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

UPDATE 1-Spotify subscriptions pump up revenue, but operating loss widens

* Spotify sees progress in Discover Weekly type features

(Releads, adds details)

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

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

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

UPDATE 2-Singapore orders BSI bank unit shut as 1MDB probe widens

* BSI Group CEO to step down

(Adds more details from statement, comment)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

CORRECTED-Slow response to past crashes could hinder EgyptAir search, experts say

* Regulations to make black boxes easier to find not yet in

force

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

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

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

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

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

UPDATE 1-Investor groups call for new probe of VW scandal

* VW declines to comment

(Adds comment from Hermes Investment Management and Deminor)

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

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:

(Bengaluru Newsroom:...

Read more

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

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

BRIEF-Synthetic Biologics releases data from two mid-stage trials on drug for irritable bowel syndrome with constipation

May 23 (Reuters) - Synthetic Biologics Announces Detailed

Data From Two Syn

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

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

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

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

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

The power cutters shaking up Britain's energy market

* National Grid pays 'aggregators' to cut industrial power

use

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

UPDATE 1-China approves plan to clean up online finance industry - sources

* Online financial platforms will need licence for some

activities

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

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

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

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

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

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

BRIEF-Tesla says offering of 9.3 mln shares priced at $215/shr

* Total common stock public offering size is for 9.3 million

shares

Read more

CORRECTED-UPDATE 1-Netflix, Amazon face EU quota on European works

* EU executive to present overhaul of broadcasting rules on

May 25

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

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

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

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

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

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

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

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

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

BRIEF-Canadian regulator recommends conditional approval of Kinder Morgan pipeline

* Neb report recommends conditional approval of trans

mountain expansion project

Read more

UPDATE 1-Daimler cuts trucks outlook, to take airbag recall charge

* Says still sees slightly higher 2016 EBIT

(Rewrites to add airbag recall, shares)

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

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

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

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

Netflix, Amazon face EU quota on European works

* EU executive to present overhaul of broadcasting rules on

May 25

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

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

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

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

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

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

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

BRIEF-Marvell Technology Group appoints Mitchell Gaynor as chief legal officer

* Announces appointment of Mitchell Gaynor as chief legal

officer

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

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

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

BRIEF-Profound Medical says FDA grants co IDE approval for TULSA-PRO

* FDA grants profound medical corp. Ide approval for

tulsa-pro

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

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

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

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

Wednesday, May 18, 2016

UPDATE 2-Bayer makes move for Monsanto in global agrichemicals shakeout

* Tie-up could raise US antitrust concerns - experts

(Adds Bayer statement)

Read more

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

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

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

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

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

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

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

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

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

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

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

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

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

Eletrobras sinks as Brazil utility faces SEC delisting, cash injection



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

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

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

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

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:

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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

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

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

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

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...

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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

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

UPDATE 1-Activist investor TCI calls on VW unions, Lower Saxony to back cuts

* TCI says VW could save 3 bln euros from staff attrition

(Adds detail about staff cuts)

Read more

BRIEF-SABMiller FY revenue down 8 pct

* FY group net producer revenue (NPR) grew by 5%, with group

npr per hl growth of 3%.

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

UPDATE 1-Suzuki Motor says used improper fuel economy tests, shares slide

* Mitsubishi Motors also expected to brief on Wednesday

(Recasts, adds planned briefing)

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

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

UPDATE 1-Alibaba's Ma cancels speech after row with anti-counterfeiting group

* At least three members quit in protest of Alibaba's

membership

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

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

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

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

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

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

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

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

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

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

Source text for Eikon:

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)

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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

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

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

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

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

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

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

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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UPDATE 2-British bank competition plan falls short of challenger hopes

* Final report to be published in August

(Adds cost and more reaction)

Read more

BRIEF-BBCN Bancorp receives regulatory approvals for Wilshire Bank merger

* Bbcn bank receives regulatory approvals for wilshire bank

merger

Read more

BRIEF-Bankrate says it would pay $20 mln in cash to a settlement fund

* Bankrate announces proposed agreement to settle private

securities class action

Read more

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

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

BRIEF-Alpha Bank, Eurobank and KKR reach agreement to support Greek companies

* Alpha bank, eurobank and kkr reach agreement to support

greek companies

Read more

UPDATE 2-Takata says latest U.S. recall investigative; costs issues still unresolved

* Automakers to continue shouldering recall costs

(Recasts and adds Takata comment)

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

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

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

Monday, May 16, 2016

BRIEF-Bone Therapeutics announces further positive efficacy in ALLOB trial

* Announces further positive efficacy in ALLOB Phase I/IIA

delayed-union fracture trial

Read more

UPDATE 1-Taiwan begins review of Chinese Tsinghua's chip stake deals in island

* Taiwan regulator has asked for more information from

Tsinghua

Read more

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

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

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

BRIEF-Valeant Pharmaceuticals provides update regarding regulatory matters

* Expects to make Canadian required filings on or before

June 10, 2016.

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

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

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

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

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

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

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

BRIEF-Office Depot terminates merger agreement with Staples

* Office depot announces termination of merger agreement

with staples

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

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

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

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

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

BRIEF-Tiger Global Management dissolves share stake in Alibaba, Microsoft

* Tiger Global Management dissolves share stake in Alibaba

Group Holding Ltd

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

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

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

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

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

Source text for Eikon:

Further company coverage:

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BRIEF-Omega Advisors dissolves share stake in Aetna, cuts in Facebook

* Omega Advisors takes share stake of 499,500 shares in

UnitedHealth Group Inc

Read more

BRIEF-State Street files for potential notes offering

* Files for potential notes offering; size not disclosed -

SEC filing

Source text for Eikon:

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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

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

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

BRIEF-Teligent announces FDA approval of triamcinolone acetonide ointment

* Teligent, Inc announces FDA approval of triamcinolone

acetonide ointment usp, 0.1%

Source text for Eikon:

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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

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

Apple's Cook visits Beijing after China woes, Didi deal



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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

Source text for Eikon:

Further company coverage:

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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...

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

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

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

RPT-China asks Britain for advice on creating financial super-regulator

* Beijing aims to improve oversight after summer stocks

crash

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

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

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

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

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

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

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

Read more

BRIEF-Oaktree Capital Group files for potential mixed shelf offering

* Files for potential mixed shelf offering; size not

disclosed - sec filing

Source text for Eikon:

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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

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

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

Source text for Eikon:

Further company coverage:

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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

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

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...

Read more

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

BRIEF-U.S. FTC clears Air Liquide's acquisition of Airgas

* Air liquide says companies anticipate closing acquisition

on 23 May 2016

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...

Read more

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

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

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:

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

BRIEF-Becton Dickinson received CE mark for BD MAX Vaginal Panel

* Obtained CE mark for BD MAX Vaginal Panel

Source text for Eikon:

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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

Read more

BRIEF-ResMed says ITC to investigate infringement of its patents

* International trade commission to investigate chinese

manufacturer BMC Medical's infringement of resmed patents

Read more

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,...

Read more

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...

Read more

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.

Read more

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...

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.

Read more

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."

Read more

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

Read more

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.

Read more

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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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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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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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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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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