* New minister to evaluate if Philippines is safe from
mining
Read more
Thursday, June 30, 2016
PRESS DIGEST - Wall Street Journal - July 1
July 1 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
UPDATE 2-Petroperu fined, president ousted over oil spills in Amazon
LIMA, June 30 (Reuters) - The Peruvian government dismissed
the head of Petroperu, German Velasquez, and fined the
state-owned energy company about $3.5 million after the third
oil spill in the...
Read more
the head of Petroperu, German Velasquez, and fined the
state-owned energy company about $3.5 million after the third
oil spill in the...
Read more
PRESS DIGEST- Financial Times - July 1
July 1 (Reuters) - The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
UPDATE 2-U.S. opens investigation in Tesla after fatal crash in Autopilot mode
WASHINGTON, June 30 (Reuters) - A fatal accident in which
the driver of a Tesla Motors Inc Model S operating in
Autopilot mode was killed in a collision with a truck has
prompted an investigation by...
Read more
the driver of a Tesla Motors Inc Model S operating in
Autopilot mode was killed in a collision with a truck has
prompted an investigation by...
Read more
UPDATE 1-NuVasive settles spinal surgery patent fight with Medtronic
June 30 (Reuters) - Medical device maker NuVasive Inc
will pay rival Medtronic Plc $45 million to
settle a longstanding patent fight related to spinal surgery
technology, NuVasive said on Thursday.
Read more
will pay rival Medtronic Plc $45 million to
settle a longstanding patent fight related to spinal surgery
technology, NuVasive said on Thursday.
Read more
Philippine mining set for bumpy ride under Duterte administration
MANILA, July 1 (Reuters) - After the Philippines became the
top supplier of nickel ore to China in the last two years, its
struggling mining industry may have felt like it was turning a
corner.
Read more
top supplier of nickel ore to China in the last two years, its
struggling mining industry may have felt like it was turning a
corner.
Read more
UPDATE 1-U.S. opens investigation in Tesla after fatal crash in Autopilot mode
June 30 (Reuters) - The U.S. National Highway Traffic Safety
Administration (NHTSA) said on Thursday it is opening a
preliminary investigation into 25,000 Tesla Motors
Model S cars after a driver of...
Read more
Administration (NHTSA) said on Thursday it is opening a
preliminary investigation into 25,000 Tesla Motors
Model S cars after a driver of...
Read more
BRIEF-Tesla says Autopilot "is not perfect and still requires the driver to remain alert"
* Learned "NHTSA is opening a preliminary evaluation into
the performance of autopilot during a recent fatal crash that
occurred in a Model S"
Read more
the performance of autopilot during a recent fatal crash that
occurred in a Model S"
Read more
Chesapeake Partners to shut hedge fund, cites M&A woes
BOSTON, June 30 (Reuters) - Chesapeake Partners, a $1.4
billion hedge fund that bet on special situations including
mergers, bankruptcies and spin-offs, is shutting down after an
18-month stretch of...
Read more
billion hedge fund that bet on special situations including
mergers, bankruptcies and spin-offs, is shutting down after an
18-month stretch of...
Read more
Deals of the day- Mergers and acquisitions
June 30 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on
Thursday:
Read more
acquisitions and disposals were reported by 2000 GMT on
Thursday:
Read more
UPDATE 1-Canada court overturns federal approval of Enbridge oil pipeline
VANCOUVER, June 30 (Reuters) - Canada's Federal Court of
Appeal has overturned the approval of Enbridge Inc's
Northern Gateway pipeline, which would carry oil from the
Alberta oil sands to a port in...
Read more
Appeal has overturned the approval of Enbridge Inc's
Northern Gateway pipeline, which would carry oil from the
Alberta oil sands to a port in...
Read more
BRIEF-Nustar Energy files for potential stock shelf, size not disclosed
* Files for potential stock shelf; size not disclosed - sec
filing
Source text : http://1.usa.gov/29cYg4r
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
filing
Source text : http://1.usa.gov/29cYg4r
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
UPDATE 1-U.S. calls for urgent repairs of 300,000 recalled Honda vehicles
WASHINGTON, June 30 (Reuters) - U.S. auto safety regulators
warned on Thursday that Takata air bag inflators on more than
300,000 unrepaired recalled Honda vehicles show a substantial
risk of...
Read more
warned on Thursday that Takata air bag inflators on more than
300,000 unrepaired recalled Honda vehicles show a substantial
risk of...
Read more
California probing oil cos for alleged manipulation of gas prices-WSJ
June 30 (Reuters) - California's attorney general has
subpoenaed Exxon Mobil Corp, Tesoro Corp and
Chevron Corp as part of an investigation into whether
the companies artificially raised gasoline...
Read more
subpoenaed Exxon Mobil Corp, Tesoro Corp and
Chevron Corp as part of an investigation into whether
the companies artificially raised gasoline...
Read more
UPDATE 2-Visa, MasterCard $7.25 bln settlement with retailers is voided
NEW YORK, June 30 (Reuters) - A federal appeals court on
Thursday threw out a $7.25 billion antitrust settlement that
Visa Inc and MasterCard Inc had reached with
millions of retailers that accused...
Read more
Thursday threw out a $7.25 billion antitrust settlement that
Visa Inc and MasterCard Inc had reached with
millions of retailers that accused...
Read more
Mylan offers EC concessions to get approval for $7.2 bln Meda buy
BRUSSELS, June 30 - U.S. generic drugmaker Mylan NV
has offered concessions in a bid to allay concerns by EU
competition regulators over its proposed $7.2-billion
acquisition of Swedish rival Meda,...
Read more
has offered concessions in a bid to allay concerns by EU
competition regulators over its proposed $7.2-billion
acquisition of Swedish rival Meda,...
Read more
German ratings agencies merge to gain clout in U.S.-dominated market
FRANKFURT, June 30 (Reuters) - Two small German ratings
agencies with a combined European market share of less than 3
percent are merging to increase their clout in a market
dominated by the big...
Read more
agencies with a combined European market share of less than 3
percent are merging to increase their clout in a market
dominated by the big...
Read more
Visa, MasterCard antitrust settlement with merchants is voided
NEW YORK, June 30 (Reuters) - A federal appeals court on
Thursday threw out a $7.25 billion antitrust settlement among
Visa Inc, MasterCard Inc and millions of retailers
over credit card fees.
Read more
Thursday threw out a $7.25 billion antitrust settlement among
Visa Inc, MasterCard Inc and millions of retailers
over credit card fees.
Read more
UPDATE 1-Brazil police raid offices of major builders in railway probe
BRASILIA, June 30 (Reuters) - Brazil's federal police on
Thursday raided the offices of at least 12 builders to seek
evidence of a cartel handling railway projects, antitrust
watchdog Cade said.
Read more
Thursday raided the offices of at least 12 builders to seek
evidence of a cartel handling railway projects, antitrust
watchdog Cade said.
Read more
BRIEF-Aratana Therapeutics files for FDA approval of Nocita
* Aratana Therapeutics files for FDA approval of
Nocita(bupivacaine liposome injectable suspension)
Read more
Nocita(bupivacaine liposome injectable suspension)
Read more
Brazil police raids offices of major builders in railway probe
BRASILIA, June 30 (Reuters) - Brazil's federal police on
Thursday raided the offices of at least 12 builders to seek
evidence of an alleged cartel in railway projects, Brazilian
antitrust watchdog...
Read more
Thursday raided the offices of at least 12 builders to seek
evidence of an alleged cartel in railway projects, Brazilian
antitrust watchdog...
Read more
EU Commission ready to respond to post-Brexit market turmoil - Dombrovskis
BRUSSELS, June 30 (Reuters) - The European Commission stands
ready to cooperate with central banks and other authorities to
quell market turbulences that may follow the Brexit vote in the
coming...
Read more
ready to cooperate with central banks and other authorities to
quell market turbulences that may follow the Brexit vote in the
coming...
Read more
UniCredit board appoints Mustier as new CEO - sources
MILAN, June 30 (Reuters) - Italy's biggest bank by assets,
UniCredit, has appointed French investment banker
Jean-Pierre Mustier as its new chief executive, two sources
close to the matter said on...
Read more
UniCredit, has appointed French investment banker
Jean-Pierre Mustier as its new chief executive, two sources
close to the matter said on...
Read more
Spanish authorities raid Google offices over tax - source
MADRID, June 30 (Reuters) - Spanish officials raided
Google's Madrid offices on Thursday in a probe related to its
payment of taxes, a person familiar with the matter said, and
the internet company...
Read more
Google's Madrid offices on Thursday in a probe related to its
payment of taxes, a person familiar with the matter said, and
the internet company...
Read more
UPDATE 1-Top banker calls for clarity on British position on EU talks
* UK minister Baldwin says markets can cope with volatility
(Adds more detail, Baldwin, Flint)
Read more
(Adds more detail, Baldwin, Flint)
Read more
Santander, Deutsche Bank: U.S. stress test repeat offenders
New York, June 30 (Reuters) - U.S. units of Deutsche Bank
and Santander suffered the ignominy of
failing U.S. stress tests yet again this year, less than a week
after Britain's shocking vote to...
Read more
and Santander suffered the ignominy of
failing U.S. stress tests yet again this year, less than a week
after Britain's shocking vote to...
Read more
Wednesday, June 29, 2016
U.S. watchdog examines SoftBank over ex-president Arora -Bloomberg
TOKYO, June 30 (Reuters) - U.S. regulators are examining
Japanese internet conglomerate SoftBank Group over possible
conflicts of interest or other problems involving former
president Nikesh Arora,...
Read more
Japanese internet conglomerate SoftBank Group over possible
conflicts of interest or other problems involving former
president Nikesh Arora,...
Read more
Netflix CEO says firm continues to look into entering China
SEOUL, June 30 (Reuters) - Netflix Inc will
continue to look into the possibility of entering China, Chief
Executive Reed Hastings said on Thursday, as the video streaming
service seeks to grow its...
Read more
continue to look into the possibility of entering China, Chief
Executive Reed Hastings said on Thursday, as the video streaming
service seeks to grow its...
Read more
Puerto Rico still seen defaulting on debt even with rescue law
NEW YORK, June 29 (Reuters) - Investors in Puerto Rico's
debt-burdened economy still face risks of default on some of the
island's $70 billion in debt even after the U.S. Congress on
Wednesday...
Read more
debt-burdened economy still face risks of default on some of the
island's $70 billion in debt even after the U.S. Congress on
Wednesday...
Read more
UPDATE 2-Brazil government to veto proposal on foreign airline ownership
BRASILIA, June 29 (Reuters) - Brazil's interim government
said on Wednesday it will veto an amendment to an aviation bill
scrapping limits on foreign ownership of domestic airlines to
save the rest...
Read more
said on Wednesday it will veto an amendment to an aviation bill
scrapping limits on foreign ownership of domestic airlines to
save the rest...
Read more
PRESS DIGEST- Financial Times - June 30
June 30 (Reuters) - The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
UPDATE 3-U.S. Senate passes Puerto Rico debt bill, sends to Obama
WASHINGTON, June 29 (Reuters) - The U.S. Senate gave solid
approval on Wednesday to a relief plan to help Puerto Rico
address its $70 billion debt, sending the measure to President
Obama for his...
Read more
approval on Wednesday to a relief plan to help Puerto Rico
address its $70 billion debt, sending the measure to President
Obama for his...
Read more
UPDATE 1-U.S. judge dismisses SIFMA case over market data fees
NEW YORK, June 29 (Reuters) - A U.S. judge dismissed a
long-simmering legal battle over the cost of market data that is
used by brokerages and high-speed trading firms, in a victory
for the New York...
Read more
long-simmering legal battle over the cost of market data that is
used by brokerages and high-speed trading firms, in a victory
for the New York...
Read more
UPDATE 1-Most big U.S. banks pass Fed's stress test, boosting shareholder payouts
NEW YORK/WASHINGTON, June 29 (Reuters) - Nearly all of the
largest U.S. banks are on steady enough footing to increase
payouts to shareholders, the U.S. Federal Reserve said on
Wednesday, with just...
Read more
largest U.S. banks are on steady enough footing to increase
payouts to shareholders, the U.S. Federal Reserve said on
Wednesday, with just...
Read more
BRIEF-Aina Le'a Inc files for non-timely 10-K
* Says was unable to obtain certain information necessary to
complete filing of its form 10-K within prescribed time period
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom:...
Read more
complete filing of its form 10-K within prescribed time period
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom:...
Read more
Deutsche, Santander fail U.S. stress test; Morgan Stanley gets second chance
NEW YORK/WASHINGTON, June 29 (Reuters) - U.S. bank
subsidiaries of Deutsche Bank AG and Banco Santander
SA yet again failed the Federal Reserve's stress test
on Wednesday due to "broad and...
Read more
subsidiaries of Deutsche Bank AG and Banco Santander
SA yet again failed the Federal Reserve's stress test
on Wednesday due to "broad and...
Read more
BancorpSouth to settle U.S. charges of racial discrimination
WASHINGTON, June 29 (Reuters) - BancorpSouth Inc has
agreed to pay $10.6 million to settle civil charges that it
discriminated against black prospective home buyers who applied
for mortgages, the...
Read more
agreed to pay $10.6 million to settle civil charges that it
discriminated against black prospective home buyers who applied
for mortgages, the...
Read more
U.S. judge dismisses SIFMA case over market data fees
NEW YORK, June 29 (Reuters) - A U.S. judge dismissed a
long-simmering legal battle over the cost of market data that is
used by brokerages and high-speed trading firms, in a victory
for the New...
Read more
long-simmering legal battle over the cost of market data that is
used by brokerages and high-speed trading firms, in a victory
for the New...
Read more
UPDATE 2-FCC pegs cost to reallocate TV spectrum for wireless use at $86.4 bln
WASHINGTON, June 29 (Reuters) - The U.S. Federal
Communications Commission said on Wednesday the price of
reallocating 126 MHz of television broadcast airwaves for
wireless use is $86.4 billion.
Read more
Communications Commission said on Wednesday the price of
reallocating 126 MHz of television broadcast airwaves for
wireless use is $86.4 billion.
Read more
UPDATE 1-U.S. SEC international corporate finance chief to leave agency
June 29 (Reuters) - Paul Dudek, chief of the U.S. Securities
and Exchange Commission's Office of International Corporate
Finance since 1993, is leaving the agency at the end of the
month, it said on...
Read more
and Exchange Commission's Office of International Corporate
Finance since 1993, is leaving the agency at the end of the
month, it said on...
Read more
BRIEF-Joy Global says received subpoena from division of enforcement of U.S. SEC in Q4 of 2014
* Joy Global Inc says received subpoena from division of
enforcement of U.S. SEC in Q4 of 2014
Read more
enforcement of U.S. SEC in Q4 of 2014
Read more
UPDATE 2-GE's finance unit sheds its "too big to fail" designation
June 29 (Reuters) - General Electric Co.'s slimmed
down financing arm shed its "too big to fail" designation on
Wednesday, no longer deemed by the U.S. government "systemically
important" and so...
Read more
down financing arm shed its "too big to fail" designation on
Wednesday, no longer deemed by the U.S. government "systemically
important" and so...
Read more
Belgian privacy regulator loses case against Facebook
BRUSSELS, June 29 (Reuters) - The Belgian data protection
authority said on Wednesday it had lost a legal battle with
Facebook in which it sought to stop the social network
tracking the online...
Read more
authority said on Wednesday it had lost a legal battle with
Facebook in which it sought to stop the social network
tracking the online...
Read more
BRIEF-UK's CMA says not refer Mckesson unit, AAH Pharma-UDG deal for phase 2 probe
* UK's CMA says decided not to refer merger by Mckesson Corp unit AAH Pharmaceuticals of
MASTA and Sangers to a Phase 2 investigation.
Source text for Eikon: (http://bit.ly/29eSv3J)
(Bengaluru...
Read more
MASTA and Sangers to a Phase 2 investigation.
Source text for Eikon: (http://bit.ly/29eSv3J)
(Bengaluru...
Read more
Bank of England's Carney to give speech on Thursday
LONDON, June 29 (Reuters) - Bank of England Governor Mark
Carney will deliver a speech at 1500 GMT on Thursday, the
central bank announced on its website on Wednesday.
Read more
Carney will deliver a speech at 1500 GMT on Thursday, the
central bank announced on its website on Wednesday.
Read more
Italy's Renzi says Spain, Portugal risk EU deficit sanctions
BRUSSELS, June 29 (Reuters) - Spain and Portugal risk
European Union sanctions for their public deficits, Italy's
prime minister said on Wednesday after an EU summit where
leaders discussed member...
Read more
European Union sanctions for their public deficits, Italy's
prime minister said on Wednesday after an EU summit where
leaders discussed member...
Read more
Banks on edge over UK passporting options
LONDON, June 29 (IFR) - Investment banks are scrambling to establish how post-Brexit changes
in the UK's "passporting" rights for financial services will impact their businesses, putting
thousands of...
Read more
in the UK's "passporting" rights for financial services will impact their businesses, putting
thousands of...
Read more
U.S. lifts "too big to fail" designation of GE's financing unit
WASHINGTON, June 29 (Reuters) - Lender GE Capital on
Wednesday became the first firm to lose its designation as
"systemically important," a label born of the financial crisis
that the U.S. government...
Read more
Wednesday became the first firm to lose its designation as
"systemically important," a label born of the financial crisis
that the U.S. government...
Read more
BRIEF-U.S. releases impounded PureCircle stevia for import -statement
June 29 (Reuters) - U.S. Customs and Border Protection (CBP)
has released the PureCircle Ltd shipments of stevia it
detained in May for alleged links to a supplier that used force
labor, the company...
Read more
has released the PureCircle Ltd shipments of stevia it
detained in May for alleged links to a supplier that used force
labor, the company...
Read more
UPDATE 1-Shire says ADHD drug meets main goal of study
June 29 (Reuters) - Irish drugmaker Shire Plc said a
study testing an experimental drug to treat attention-deficit
disorder met the main goal, bringing the drug one step closer to
approval in the...
Read more
study testing an experimental drug to treat attention-deficit
disorder met the main goal, bringing the drug one step closer to
approval in the...
Read more
BRIEF-Cascadian Therapeutics receives Ont-380 fast track designation from FDA for treatment of advanced breast cancer
* Says company is actively recruiting patients for a
randomized, double-blind, placebo-controlled phase 2 study
Read more
randomized, double-blind, placebo-controlled phase 2 study
Read more
BRIEF-Lipocine gets complete response letter for LPCN 1021 from FDA
* Lipocine receives complete response letter (crl) for LPCN
1021 From U.S. Food And Drug Administration
Read more
1021 From U.S. Food And Drug Administration
Read more
Hong Kong regulator censures Bank of America units for takeover code breaches
HONG KONG, June 29 (Reuters) - Hong Kong's securities
regulator has publicly censured two units of Bank of America
for breaches of the city's takeover codes in relation to
two transactions last year.
Read more
regulator has publicly censured two units of Bank of America
for breaches of the city's takeover codes in relation to
two transactions last year.
Read more
Market infrastructure coped well with Brexit fallout - EU watchdog
LONDON, June 29 (Reuters) - The European Union's financial
markets "coped well" with fallout from Britain's decision last
week to leave the bloc, with no extraordinary measures needed by
regulators,...
Read more
markets "coped well" with fallout from Britain's decision last
week to leave the bloc, with no extraordinary measures needed by
regulators,...
Read more
UPDATE 1-Toyota recalls 3.37 mln cars over airbag, emissions control issues
WASHINGTON/TOKYO, June 29 (Reuters) - Japan's Toyota Motor
Corp has recalled 3.37 million cars worldwide over
possible defects involving airbags and emissions control units.
Read more
Corp has recalled 3.37 million cars worldwide over
possible defects involving airbags and emissions control units.
Read more
Tuesday, June 28, 2016
BRIEF-Energy Transfer Equity announces termination of merger agreement with Williams Companies
* ETE's counsel Latham & Watkins unable to deliver required
tax opinion prior to June 28, 2016, outside date in merger
agreement
Read more
tax opinion prior to June 28, 2016, outside date in merger
agreement
Read more
PRESS DIGEST- New York Times business news - June 29
June 29 (Reuters) - The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
Some Coca-Cola products to be temporarily unavailable in Vermont stores
June 28 (Reuters) - Coca-Cola Co's said some products
would be temporarily unavailable in Vermont stores as the
world's largest beverage maker gears up for a GMO-labeling law
going into effect on...
Read more
would be temporarily unavailable in Vermont stores as the
world's largest beverage maker gears up for a GMO-labeling law
going into effect on...
Read more
BRIEF-Crane co issues statement on decision by New York State Court of Appeals in Dummitt and Suttner asbestos cases
* Crane co issues statement on decision by New York State
Court of Appeals in Dummitt and Suttner asbestos cases
Read more
Court of Appeals in Dummitt and Suttner asbestos cases
Read more
PRESS DIGEST- Financial Times - June 29
June 29 (Reuters) - The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
UPDATE 2-Brazil's Hypermarcas sinks as former executive admits bribery
SAO PAULO/BRASILIA, June 28 (Reuters) - Shares of
Hypermarcas SA, the largest Brazilian producer of generic drugs,
had their biggest intraday plunge in four years on Tuesday, on
reports that a former...
Read more
Hypermarcas SA, the largest Brazilian producer of generic drugs,
had their biggest intraday plunge in four years on Tuesday, on
reports that a former...
Read more
Sanders back in U.S. Senate, blasts 'colonialism' in Puerto Rico
WASHINGTON, June 28 (Reuters) - Democratic U.S. presidential
hopeful Bernie Sanders brought his firebrand rhetoric back to
the floor of the Senate on Tuesday to condemn a White
House-backed bill on...
Read more
hopeful Bernie Sanders brought his firebrand rhetoric back to
the floor of the Senate on Tuesday to condemn a White
House-backed bill on...
Read more
UPDATE 1-U.S. FDA panel backs claim Lilly diabetes drug cuts cardiac death
June 28 (Reuters) - Eli Lilly & Co and Boehringer
Ingelheim should be allowed to claim that their diabetes drug
Jardiance cuts the risk of cardiovascular death, an advisory
panel to the U.S. Food and...
Read more
Ingelheim should be allowed to claim that their diabetes drug
Jardiance cuts the risk of cardiovascular death, an advisory
panel to the U.S. Food and...
Read more
UPDATE 2-Draghi sees Brexit vote hitting euro zone growth by up to 0.5 pct over 3 years - official
BERLIN, June 28 (Reuters) - European Central Bank President
Mario Draghi told EU leaders on Tuesday that Britain's decision
to leave the EU could reduce euro zone growth by a cumulative
0.3 to 0.5...
Read more
Mario Draghi told EU leaders on Tuesday that Britain's decision
to leave the EU could reduce euro zone growth by a cumulative
0.3 to 0.5...
Read more
Congressional watchdog expands probe of lax Wall St oversight
NEW YORK, June 28 (Reuters) - A U.S. congressional watchdog
said on Tuesday it has formally added three agencies to its
investigation into whether government regulators are too soft on
the banks they...
Read more
said on Tuesday it has formally added three agencies to its
investigation into whether government regulators are too soft on
the banks they...
Read more
Investors seek ruling against Petrobras in corruption lawsuit
NEW YORK, June 28 (Reuters) - Investors suing Brazil's
state-run oil firm Petrobras to recoup billions of
dollars in losses argued on Tuesday that the arrests and plea
deals of top company executives...
Read more
state-run oil firm Petrobras to recoup billions of
dollars in losses argued on Tuesday that the arrests and plea
deals of top company executives...
Read more
Top U.S. Senate Democrat says he will support Puerto Rico bill
WASHINGTON, June 28 (Reuters) - Senate Democratic leader
Harry Reid said on Tuesday that he will support a bill to
address Puerto Rico's financial crisis when it comes up for an
important procedural...
Read more
Harry Reid said on Tuesday that he will support a bill to
address Puerto Rico's financial crisis when it comes up for an
important procedural...
Read more
BRIEF-U.S. FDA says continues to find benefits of flumist quadrivalent outweigh any potential risks
* FDA continues to find that the benefits of flumist
quadrivalent outweigh any potential risks
Read more
quadrivalent outweigh any potential risks
Read more
America Movil to pay $1.1 mln to settle FCC probe
WASHINGTON June 28 (Reuters) - Puerto Rico Telephone Company
and its parent company, America Movil of Mexico, will
pay $1.1 million to resolve a U.S. investigation over foreign
ownership levels, the...
Read more
and its parent company, America Movil of Mexico, will
pay $1.1 million to resolve a U.S. investigation over foreign
ownership levels, the...
Read more
EU regulators readying third Google antitrust charge - sources
BRUSSELS, June 28 - Alphabet's Google may face a
third EU antitrust charge as soon as next month, this time
focusing on its revenue mainstay AdWords ad placement service,
three people familiar with...
Read more
third EU antitrust charge as soon as next month, this time
focusing on its revenue mainstay AdWords ad placement service,
three people familiar with...
Read more
European Commission will extend glyphosate licence for 18 months
BRUSSELS, June 28 (Reuters) - The European Commission will
extend by 18 months its approval for weed-killer glyphosate,
used in Monsanto's Roundup, Health Commissioner Vytenis
Andriukaitis said on...
Read more
extend by 18 months its approval for weed-killer glyphosate,
used in Monsanto's Roundup, Health Commissioner Vytenis
Andriukaitis said on...
Read more
BRIEF-Welsh Carson Anderson & Stowe X LP dissolves stake in Universal American
* Welsh Carson Anderson & Stowe X Lp Dissolves Stake In
Universal American Corp As Of June 27 - Sec filing
Read more
Universal American Corp As Of June 27 - Sec filing
Read more
Credit Suisse chairman sees prolonged uncertainty over Brexit vote
BERN, June 28 (Reuters) - The uncertainty caused by
Britain's vote to leave the European Union is unlikely to go
away in the coming weeks, the chairman of Swiss bank Credit
Suisse said on Tuesday.
Read more
Britain's vote to leave the European Union is unlikely to go
away in the coming weeks, the chairman of Swiss bank Credit
Suisse said on Tuesday.
Read more
BRIEF-Modern Meadow says it raised about $40 mln in financing - SEC filing
* Modern Meadow Inc files to say it raised about $40 mln in
financing that included equity, warrants and other securities -
SEC filing
Source: (http://1.usa.gov/298lqcI
)
(Bengaluru Newsroom: +1...
Read more
financing that included equity, warrants and other securities -
SEC filing
Source: (http://1.usa.gov/298lqcI
)
(Bengaluru Newsroom: +1...
Read more
Canada antitrust regulator clears Canexus-Superior Plus deal
June 28 (Reuters) - Canadian chemical company Canexus Corp
said Canada's antitrust regulator had approved its
proposed buyout by rival Superior Plus Corp.
Read more
said Canada's antitrust regulator had approved its
proposed buyout by rival Superior Plus Corp.
Read more
BRIEF-Celyad says study has not succeeded - conference call
* Says with p-value witnessed optimistic that a partner will
take this further in the U.S. - conf call
Read more
take this further in the U.S. - conf call
Read more
Airbus chief says UK is 'indispensable' to Airbus
PARIS, June 28 (Reuters) - Britain is an indispensable part
of the European aerospace industry, the head of Airbus Group
said on Wednesday, softening earlier comments he made
on the country's shock...
Read more
of the European aerospace industry, the head of Airbus Group
said on Wednesday, softening earlier comments he made
on the country's shock...
Read more
UPDATE 1-U.S. files VW settlement, details buybacks
WASHINGTON, June 28 (Reuters) - Volkswagen AG
has agreed to a settlement worth more than $15.3 billion,
according to a court document filed on Tuesday and a source
briefed on the matter.
Read more
has agreed to a settlement worth more than $15.3 billion,
according to a court document filed on Tuesday and a source
briefed on the matter.
Read more
UPDATE 4-Volkswagen's U.S. diesel emissions settlement to cost $15 bln - sources
WASHINGTON, June 28 (Reuters) - Volkswagen AG's
settlement with nearly 500,000 U.S. customers and government
regulators over polluting diesel vehicles is valued at more than
$15 billion cash, two...
Read more
settlement with nearly 500,000 U.S. customers and government
regulators over polluting diesel vehicles is valued at more than
$15 billion cash, two...
Read more
German watchdog against London HQ for Boerse-LSE
FRANKFURT, June 28 (Reuters) - The head of German financial
market regulator Bafin on Tuesday came out against London as the
main base for a merged group combining London Stock Exchange
and Deutsche...
Read more
market regulator Bafin on Tuesday came out against London as the
main base for a merged group combining London Stock Exchange
and Deutsche...
Read more
BRIEF-UK's CMA says not to recommend McKesson-Bupa Home deal to in-depth investigation
* Decided not to recommend McKesson Corp deal with Bupa Home
Healthcare to a phase 2 investigation
Source text: http://bit.ly/292ycrB
Further company coverage:
(Bengaluru Newsroom)
Read more
Healthcare to a phase 2 investigation
Source text: http://bit.ly/292ycrB
Further company coverage:
(Bengaluru Newsroom)
Read more
UPDATE 1-Empty houses and jobless maids: Indonesia's expat exodus gathers pace
JAKARTA, June 28 (Reuters) - Foreign workers are leaving
Indonesia at an increasing rate due to the slump in commodity
prices that has forced resource companies to slash jobs at a
time when the...
Read more
Indonesia at an increasing rate due to the slump in commodity
prices that has forced resource companies to slash jobs at a
time when the...
Read more
BRIEF-Xencor enteres into collaboration and license agreement with Novartis
* Xencor announces strategic collaboration for bispecific
programs, including XMAB 14045 and XMAB 13676
Read more
programs, including XMAB 14045 and XMAB 13676
Read more
Monday, June 27, 2016
Roche anticipates quicker U.S. approval for new MS drug
ZURICH, June 28 (Reuters) - Roche 's new multiple
sclerosis (MS) drug could be approved in the United States this
year, earlier than previously forecast, the Swiss drugmaker said
on Tuesday, after...
Read more
sclerosis (MS) drug could be approved in the United States this
year, earlier than previously forecast, the Swiss drugmaker said
on Tuesday, after...
Read more
S.Korea antitrust regulator says investigating Apple on 'some matters'
SEOUL, June 28 (Reuters) - South Korea's Fair Trade
Commission (FTC) is investigating "some matters" relating to
tech giant Apple Inc, the head of the anticompetition
body said during a parliamentary...
Read more
Commission (FTC) is investigating "some matters" relating to
tech giant Apple Inc, the head of the anticompetition
body said during a parliamentary...
Read more
Pfizer to invest $350 mln in China biotech hub, first in Asia
SHANGHAI, June 28 (Reuters) - Pfizer Inc will invest
$350 million to build a biotech centre in China, the latest in a
series of moves by pharma industry giants to set up shop in the
world's no. 2...
Read more
$350 million to build a biotech centre in China, the latest in a
series of moves by pharma industry giants to set up shop in the
world's no. 2...
Read more
RPT-Empty houses and jobless maids: Indonesia's expat exodus gathers pace
JAKARTA, June 28 (Reuters) - Foreign workers are leaving
Indonesia at an increasing rate due to the slump in commodity
prices that has forced resource companies to slash jobs at a
time when the...
Read more
Indonesia at an increasing rate due to the slump in commodity
prices that has forced resource companies to slash jobs at a
time when the...
Read more
Airbnb sues San Francisco over registration policy
SAN FRANCISCO, June 27 (Reuters) - Airbnb sued the city of
San Francisco on Monday, arguing that a recent ordinance which
requires hosts to register with the city violates the online
home-sharing...
Read more
San Francisco on Monday, arguing that a recent ordinance which
requires hosts to register with the city violates the online
home-sharing...
Read more
RPT-Empty houses and jobless maids: Indonesia's expat exodus gathers pace
JAKARTA, June 28 (Reuters) - Foreign workers are leaving
Indonesia at an increasing rate due to the slump in commodity
prices that has forced resource companies to slash jobs at a
time when the...
Read more
Indonesia at an increasing rate due to the slump in commodity
prices that has forced resource companies to slash jobs at a
time when the...
Read more
UPDATE 1-U.S. Senate set to begin debate on Puerto Rico debt relief bill
WASHINGTON/NEW YORK, June 27 (Reuters) - After months of
waiting for the U.S. Congress to act as Puerto Rico's economic
crisis progressively worsened, the Caribbean island is on the
verge of securing...
Read more
waiting for the U.S. Congress to act as Puerto Rico's economic
crisis progressively worsened, the Caribbean island is on the
verge of securing...
Read more
U.S. senator, opposing FBI email data grabs, places hold on spy bill
WASHINGTON, June 27 (Reuters) - A Democratic senator on
Monday prevented legislation from being quickly considered that
would expand the FBI's power to use secretive surveillance
orders to obtain...
Read more
Monday prevented legislation from being quickly considered that
would expand the FBI's power to use secretive surveillance
orders to obtain...
Read more
Empty houses and jobless maids: Indonesia's expat exodus gathers pace
JAKARTA, June 28 (Reuters) - Foreign workers are leaving
Indonesia at an increasing rate due to the slump in commodity
prices that has forced resource companies to slash jobs at a
time when the...
Read more
Indonesia at an increasing rate due to the slump in commodity
prices that has forced resource companies to slash jobs at a
time when the...
Read more
UPDATE 1-U.S. extends ZTE reprieve for alleged Iran sanctions violations
WASHINGTON, June 27 (Reuters) - The U.S. government has
extended through Aug. 30 a reprieve to ZTE Corp on
tough export restrictions imposed on the Chinese smartphone
maker in March for allegedly...
Read more
extended through Aug. 30 a reprieve to ZTE Corp on
tough export restrictions imposed on the Chinese smartphone
maker in March for allegedly...
Read more
Texas ex-tycoon Wyly ordered to pay $1.1 bln for tax fraud
June 27 (Reuters) - A federal bankruptcy judge in Texas on
Monday ordered former billionaire Sam Wyly to pay $1.11 billion
in back taxes, interest and penalties after finding he committed
tax fraud...
Read more
Monday ordered former billionaire Sam Wyly to pay $1.11 billion
in back taxes, interest and penalties after finding he committed
tax fraud...
Read more
U.S. Senate set to begin debate on Puerto Rico debt relief bill
WASHINGTON, June 27 (Reuters) - The U.S. Senate is on track
to cast its first votes on a Puerto Rico debt relief bill as
early as Wednesday after Majority Leader Mitch McConnell took
steps late on...
Read more
to cast its first votes on a Puerto Rico debt relief bill as
early as Wednesday after Majority Leader Mitch McConnell took
steps late on...
Read more
India cuts RBI shortlist to 4; Rajan on MPC search team-officials
NEW DELHI, June 27 (Reuters) - The Indian government has
whittled down its list of candidates to become the next governor
of the Reserve Bank of India to four, three of whom are
economists and...
Read more
whittled down its list of candidates to become the next governor
of the Reserve Bank of India to four, three of whom are
economists and...
Read more
Sunday, June 26, 2016
Texas 'Frack Master' bilked investors out of millions, SEC says
NEW YORK, June 27 (Reuters) - Texas oilman Chris Faulkner
built a high-profile public persona, raised millions for his oil
and gas ventures and courted politicians. But the SEC has
alleged that...
Read more
built a high-profile public persona, raised millions for his oil
and gas ventures and courted politicians. But the SEC has
alleged that...
Read more
Rosatom's global nuclear ambition cramped by Kremlin politics
PARIS/MOSCOW, June 26 (Reuters) - The $100 billion overseas
order book of Russia's nuclear power plant builder Rosatom --
bigger than all its Western competitors combined -- makes it
look like the...
Read more
order book of Russia's nuclear power plant builder Rosatom --
bigger than all its Western competitors combined -- makes it
look like the...
Read more
UPDATE 1-UK will retain access to the EU single market, says Brexit leader Johnson
LONDON, June 26 (Reuters) - Britain will continue to have
access to the European Union's single market despite voting to
leave the bloc, leading Brexit campaigner and favourite to
become the...
Read more
access to the European Union's single market despite voting to
leave the bloc, leading Brexit campaigner and favourite to
become the...
Read more
Senior Merkel ally says London should be allowed Brexit rethink
BERLIN, June 26 (Reuters) - German Chancellor Angela
Merkel's chief of staff has said politicians in London should be
able to have the chance to think again about the consequences of
leaving the...
Read more
Merkel's chief of staff has said politicians in London should be
able to have the chance to think again about the consequences of
leaving the...
Read more
UPDATE 1-"Risky trinity" requires urgent global policy action, BIS says
LONDON, June 26(Reuters) - Global economic policy urgently
needs rebalancing, the Bank for International Settlements (BIS)
said on Sunday, as the world faces a "risky trinity" of high
debt, low...
Read more
needs rebalancing, the Bank for International Settlements (BIS)
said on Sunday, as the world faces a "risky trinity" of high
debt, low...
Read more
Central banks will smooth Brexit-driven market moves -BIS head
VIENNA, June 26 (Reuters) - Major central banks will limit
market turbulence as much as possible after Britain voted to
leave the European Union, the head of the Bank for International
Settlements...
Read more
market turbulence as much as possible after Britain voted to
leave the European Union, the head of the Bank for International
Settlements...
Read more
"Risky trinity" requires urgent global policy action, BIS says
LONDON, June 26(Reuters) - Global economic policy urgently
needs rebalancing, the Bank for International Settlements (BIS)
said on Sunday, as the world faces a "risky trinity" of high
debt, low...
Read more
needs rebalancing, the Bank for International Settlements (BIS)
said on Sunday, as the world faces a "risky trinity" of high
debt, low...
Read more
VW should pay Europeans same compensation as US drivers-EU commissioner
BERLIN, June 26 (Reuters) - Volkswagen AG should
offer European drivers similar compensation to what the German
carmaker is expected to pay U.S. customers, Europe's Industry
Commissioner Elzbieta...
Read more
offer European drivers similar compensation to what the German
carmaker is expected to pay U.S. customers, Europe's Industry
Commissioner Elzbieta...
Read more
RPT-Google, Facebook quietly move toward automatic blocking of extremist videos
SAN FRANCISCO/WASHINGTON, June 24 (Reuters) - Some of the
web's biggest destinations for watching videos have quietly
started using automation to remove extremist content from their
sites, according...
Read more
web's biggest destinations for watching videos have quietly
started using automation to remove extremist content from their
sites, according...
Read more
Saturday, June 25, 2016
UPDATE 1-TransCanada formally seeks NAFTA damages in Keystone XL rejection
TORONTO, June 25 (Reuters) - TransCanada Corp is
formally requesting arbitration over U.S. President Barack
Obama's rejection of the Keystone XL pipeline, seeking $15
billion in damages, the company...
Read more
formally requesting arbitration over U.S. President Barack
Obama's rejection of the Keystone XL pipeline, seeking $15
billion in damages, the company...
Read more
TransCanada formally seeks damages over Keystone XL rejection
TORONTO, June 25 (Reuters) - TransCanada Corp is
formally requesting arbitration over U.S. President Barack
Obama's rejection of the Keystone XL pipeline, seeking $15
billion in damages, the company...
Read more
formally requesting arbitration over U.S. President Barack
Obama's rejection of the Keystone XL pipeline, seeking $15
billion in damages, the company...
Read more
Brazil's Temer says women should retire earlier than men - paper
SAO PAULO, June 25 (Reuters) - Brazil's interim President
Michel Temer told local newspapers women should retire earlier
than men, explaining why he did not support making a potential
minimum...
Read more
Michel Temer told local newspapers women should retire earlier
than men, explaining why he did not support making a potential
minimum...
Read more
UPDATE 2-China-backed AIIB seeks cooperation and new members
* AIIB must comply with multilateral agency rules -Alexander
(Adds quotes on governance standards, details on operations)
Read more
(Adds quotes on governance standards, details on operations)
Read more
UPDATE 2-ECB's Villeroy: Brexit talks must be quick, City of London at risk of losing "EU passport"
PARIS, June 25 (Reuters) - London's financial centre will
lose its prized "EU passport" if Britain fails to secure
continued access to the bloc's single market in its exit talks,
ECB Governing...
Read more
lose its prized "EU passport" if Britain fails to secure
continued access to the bloc's single market in its exit talks,
ECB Governing...
Read more
UPDATE 1-China tightens controls on paid-for internet search ads
BEIJING, June 25 (Reuters) - China's internet regulator said
on Saturday that search engines should tighten management of
paid-for ads in search results, making clear which results are
paid-for and...
Read more
on Saturday that search engines should tighten management of
paid-for ads in search results, making clear which results are
paid-for and...
Read more
ECB's Villeroy: Brexit talks must be quick, City of London at risk of losing "EU passport"
PARIS, June 25 (Reuters) - Brexit talks must be carried out
quickly to limit uncertainties, ECB Governing Council member
Francois Villeroy de Galhau said on Saturday, adding the City of
London...
Read more
quickly to limit uncertainties, ECB Governing Council member
Francois Villeroy de Galhau said on Saturday, adding the City of
London...
Read more
Friday, June 24, 2016
China tightens controls on paid-for internet search ads
BEIJING, June 25 (Reuters) - China's internet regulator said
on Saturday that search engines should tighten management of
paid-for ads in search results, making clear which results are
paid-for and...
Read more
on Saturday that search engines should tighten management of
paid-for ads in search results, making clear which results are
paid-for and...
Read more
Arizona says it has run out of drugs for executions
June 24 (Reuters) - Arizona has run out of execution drugs,
including a sedative implicated in botched lethal injections,
according to a filing on Friday in a court case challenging the
U.S. state's...
Read more
including a sedative implicated in botched lethal injections,
according to a filing on Friday in a court case challenging the
U.S. state's...
Read more
BRIEF-Energy Transfer Equity announces Chancery Court decision in litigation with the Williams Companies
* Energy Transfer Equity announces Chancery Court decision in litigation with the Williams
Companies
Read more
Companies
Read more
UPDATE 3-Court says ETE can walk away from $20 bln Williams takeover
NEW YORK/WILMINGTON, Del., June 24 (Reuters) - Energy
Transfer Equity won a court ruling on Friday that would
allow the pipeline operator to walk away from its more than $20
billion takeover of rival...
Read more
Transfer Equity won a court ruling on Friday that would
allow the pipeline operator to walk away from its more than $20
billion takeover of rival...
Read more
UPDATE 1-U.S. states, Rockefellers clash with U.S. House panel on Exxon climate probes
HOUSTON, June 24 (Reuters) - With a number of U.S. states
proceeding with investigations of Exxon Mobil Corp's
record on climate change, the attorney general of Massachusetts
and investment funds of...
Read more
proceeding with investigations of Exxon Mobil Corp's
record on climate change, the attorney general of Massachusetts
and investment funds of...
Read more
U.S. states, Rockefellers clash with U.S. House panel on Exxon climate probes
HOUSTON, June 24 (Reuters) - With many U.S. states
proceeding with investigations of Exxon Mobil Corp's
record on climate change, the attorney general of Massachusetts
and investment funds of the...
Read more
proceeding with investigations of Exxon Mobil Corp's
record on climate change, the attorney general of Massachusetts
and investment funds of the...
Read more
Top U.S. regulators say financial system functioning in 'orderly manner'
WASHINGTON, June 24 (Reuters) - U.S. financial regulators on
Friday said the country's financial system is functioning in an
"orderly manner" after Britain voted to leave the European Union
and sent...
Read more
Friday said the country's financial system is functioning in an
"orderly manner" after Britain voted to leave the European Union
and sent...
Read more
Top U.S. financial regulators to discuss 'Brexit' by phone on Friday
WASHINGTON, June 24 (Reuters) - The heads of all the U.S.
financial regulatory agencies will hold a meeting by phone on
Friday to discuss the vote by Britain to leave the European
Union, according to...
Read more
financial regulatory agencies will hold a meeting by phone on
Friday to discuss the vote by Britain to leave the European
Union, according to...
Read more
UPDATE 1-Rio doping lab's credentials suspended ahead of Olympics
SAO PAULO, June 24 (Reuters) - The World Anti-Doping Agency
(WADA) has suspended the credentials of a testing laboratory in
Rio de Janeiro that didn't conform with international standards,
just over...
Read more
(WADA) has suspended the credentials of a testing laboratory in
Rio de Janeiro that didn't conform with international standards,
just over...
Read more
U.S. derivatives, commodities markets functioning normally after Brexit -CFTC
WASHINGTON, June 24 (Reuters) - The U.S. commodities
regulator said on Friday it was monitoring the effects of
Britain's vote to leave the European Union, and that the markets
its oversees, which...
Read more
regulator said on Friday it was monitoring the effects of
Britain's vote to leave the European Union, and that the markets
its oversees, which...
Read more
BRIEF-Paion, unit of Cosmo Pharmaceuticals enter into license deal for Remimazolam
* Co and Cosmo Technologies Ltd, unit of Cosmo
Pharmaceuticals NV, entered into license agreement for
Remimazolam
Read more
Pharmaceuticals NV, entered into license agreement for
Remimazolam
Read more
WRAPUP 20-'Explosive shock' as Britain votes to leave EU, Cameron quits
LONDON, June 24 (Reuters) - Britain has voted to leave the
European Union, forcing the resignation of Prime Minister David
Cameron and dealing the biggest blow since World War Two to the
European...
Read more
European Union, forcing the resignation of Prime Minister David
Cameron and dealing the biggest blow since World War Two to the
European...
Read more
Draft white paper in works to address CMBS risk rules
NEW YORK, June 24 (IFR) - Four top law firms are working on
a white paper that some hope would help bring more clarity to
risk-retention regulations in the CMBS market which come into
effect at the...
Read more
a white paper that some hope would help bring more clarity to
risk-retention regulations in the CMBS market which come into
effect at the...
Read more
U.S. Comptroller monitoring effects of Brexit on banking system
WASHINGTON, June 24 (Reuters) - The U.S. Comptroller of the
Currency's office is carefully monitoring the country's banking
system following Britain's vote to withdraw from the European
Union, a...
Read more
Currency's office is carefully monitoring the country's banking
system following Britain's vote to withdraw from the European
Union, a...
Read more
Brazil's Bible, beef and bullets lobby backs Temer, unfazed by scandal
BRASILIA, June 24 (Reuters) - Conservative legislators in
Brazil say they will back interim President Michel Temer through
a growing corruption scandal in return for support for their
right-wing...
Read more
Brazil say they will back interim President Michel Temer through
a growing corruption scandal in return for support for their
right-wing...
Read more
BRIEF-CNB Financial announces receipt of regulatory approvals in connection with Lake National Bank deal
* CNB Financial Corporation announces receipt of final
regulatory approvals in connection with acquisition of Lake
National Bank
Read more
regulatory approvals in connection with acquisition of Lake
National Bank
Read more
Germany imposes limits on fracking
BERLIN/FRANKFURT, June 24 (Reuters) - Germany imposed limits
on fracking on Friday, dealing a blow to efforts to develop
shale gas.
Read more
on fracking on Friday, dealing a blow to efforts to develop
shale gas.
Read more
BRIEF-OHL Mexico's Amozoc-Perote highway receives approval to extend concession
* Said on Thursday its unit Grupo Autopistas Nacionales
(GANA) has received authorization to extend the concession
period and gradually increase tariffs on Amozoc-Perote highway
Read more
(GANA) has received authorization to extend the concession
period and gradually increase tariffs on Amozoc-Perote highway
Read more
U.S. FDA panel to vote whether diabetes drug cuts cardiac death
June 24 (Reuters) - An advisory panel to the U.S. Food and
Drug Administration will be asked to vote next week on whether a
diabetes drug made by Eli Lilly & Co and Boehringer
Ingelheim cuts the risk...
Read more
Drug Administration will be asked to vote next week on whether a
diabetes drug made by Eli Lilly & Co and Boehringer
Ingelheim cuts the risk...
Read more
UPDATE 1-U.S. FDA panel to vote whether diabetes drug cuts cardiac death
June 24 (Reuters) - An advisory panel to the U.S. Food and
Drug Administration will be asked to vote next week on whether a
diabetes drug made by Eli Lilly & Co and Boehringer
Ingelheim cuts the risk...
Read more
Drug Administration will be asked to vote next week on whether a
diabetes drug made by Eli Lilly & Co and Boehringer
Ingelheim cuts the risk...
Read more
Brexit spells upheaval for EU and UK drug regulation
LONDON, June 24 (Reuters) - Britain's vote to leave the
European Union spells regulatory uncertainty for drug companies,
with the London-based European Medicines Agency (EMA), which
approves...
Read more
European Union spells regulatory uncertainty for drug companies,
with the London-based European Medicines Agency (EMA), which
approves...
Read more
Lobby group AFME says Brexit will "significantly" impact UK banks' business in Europe
LONDON, June 24 (Reuters) - Britain's decision to end its EU
membership will affect UK banks' ability to serve customers
across Europe and create years of uncertainty in markets,
industry lobby group...
Read more
membership will affect UK banks' ability to serve customers
across Europe and create years of uncertainty in markets,
industry lobby group...
Read more
UK watchdog says Brexit will have major implications for finance
LONDON, June 24 (Reuters) - Britain's financial watchdog
said on Friday the UK vote to leave the European Union will have
"significant" implications for the country and it was monitoring
markets...
Read more
said on Friday the UK vote to leave the European Union will have
"significant" implications for the country and it was monitoring
markets...
Read more
Japan's banks brace for counterparty risks at British peers following Brexit
TOKYO, June 24 (Reuters) - Japan's banks are bracing for a
potential rise in British peers' counterparty risks after
Britain voted to leave the European Union, banking industry
sources said, with the...
Read more
potential rise in British peers' counterparty risks after
Britain voted to leave the European Union, banking industry
sources said, with the...
Read more
UPDATE 1-LSE, Deutsche Boerse press on with $30 bln merger after Brexit vote
* LSE share -12.8 pct, Deutsche Boerse share -8.4 pct
(Adds quote, detail, context, shares)
Read more
(Adds quote, detail, context, shares)
Read more
ISDA says no immediate impact on derivatives contracts from UK Brexit vote
LONDON, June 24 (Reuters) - Britain's decision to leave the
European Union will have "significant implications" for
financial markets and could alter how the world's $550 trillion
derivatives sector...
Read more
European Union will have "significant implications" for
financial markets and could alter how the world's $550 trillion
derivatives sector...
Read more
Saxo says content with current margin requirements for traders
LONDON, June 24 (Reuters) - Leading retail foreign exchange
broker Saxo Bank said on Friday it was content with the amounts
customers have to deposit with them to trade as Britain voted to
leave the...
Read more
broker Saxo Bank said on Friday it was content with the amounts
customers have to deposit with them to trade as Britain voted to
leave the...
Read more
Thursday, June 23, 2016
BREXIT VOTE - FOREIGN MINISTER HAMMOND WHAT THE COUNTRY NEEDS NOW IS CONTINUITY AND STABILITY
BREXIT VOTE - FOREIGN MINISTER HAMMOND WHAT THE COUNTRY NEEDS
NOW IS CONTINUITY AND STABILITY
Read more
NOW IS CONTINUITY AND STABILITY
Read more
UK financial centre says continued access to EU market crucial after Brexit
LONDON, June 24 (Reuters) - Britain's vote to leave the
European Union won't result in a "mass exit" of banks and other
financial institutions, the City of London financial district
said on Friday.
Read more
European Union won't result in a "mass exit" of banks and other
financial institutions, the City of London financial district
said on Friday.
Read more
Qualcomm files complaint in China court against smartphone maker Meizu
June 24 (Reuters) - Qualcomm Inc has filed a
complaint in a Chinese court against smartphone maker Meizu
Technology Co after the tech giant said it was unable to reach a
licensing accord with one of...
Read more
complaint in a Chinese court against smartphone maker Meizu
Technology Co after the tech giant said it was unable to reach a
licensing accord with one of...
Read more
California regulators voice support for cap and trade program
SAN FRANCISCO, June 23 (Reuters) - Staff for California's
air regulator on Thursday recommended the state extend its
carbon cap and trade system beyond 2020, a move supported by
utilities and some...
Read more
air regulator on Thursday recommended the state extend its
carbon cap and trade system beyond 2020, a move supported by
utilities and some...
Read more
UPDATE 1-S.Korea issues arrest warrant for VW exec in emissions probe
SEOUL, June 24 (Reuters) - A South Korean court on Friday
issued the first warrant for the arrest of a Volkswagen AG
executive in connection with its cheating of vehicle
emissions tests, in another...
Read more
issued the first warrant for the arrest of a Volkswagen AG
executive in connection with its cheating of vehicle
emissions tests, in another...
Read more
PRESS DIGEST- British Business - June 24
June 24 (Reuters) - The following are the top stories on the
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
UPDATE 2-U.S. banks flex capital muscle in annual stress test
June 23 (Reuters) - Big U.S. banks are proving themselves to
be stronger and sounder in an annual regulatory stress test,
even as the Federal Reserve changes doomsday scenarios to keep
them on their...
Read more
be stronger and sounder in an annual regulatory stress test,
even as the Federal Reserve changes doomsday scenarios to keep
them on their...
Read more
REFILE-UPDATE 1-Dodd, Frank blast ruling that MetLife not too big to fail
June 23 (Reuters) - A federal court's striking down of the
government's designation of insurer MetLife Inc as
"too-big-to-fail" could undermine efforts to head off another
financial crisis, authors...
Read more
government's designation of insurer MetLife Inc as
"too-big-to-fail" could undermine efforts to head off another
financial crisis, authors...
Read more
UPDATE 1-Penn West CEO criticizes Alberta's stricter energy asset sale rules
CALGARY, Alberta, June 23 (Reuters) - New rules from
Alberta's energy regulator determining which companies are
deemed strong enough to buy assets are off the mark in terms of
fairness and...
Read more
Alberta's energy regulator determining which companies are
deemed strong enough to buy assets are off the mark in terms of
fairness and...
Read more
UPDATE 1-Fiat Chrysler accused of concealing defect in Jeep Grand Cherokee
LOS ANGELES, June 23 (Reuters) - Jeep Grand Cherokee owners
on Thursday filed suit in California against Fiat Chrysler
, accusing the automaker of concealing and failing to
fix a shifter design...
Read more
on Thursday filed suit in California against Fiat Chrysler
, accusing the automaker of concealing and failing to
fix a shifter design...
Read more
Arkansas Supreme Court upholds lethal injection protocols
LITTLE ROCK, Ark., June 23 (Reuters) - The Arkansas Supreme
Court on Thursday upheld execution protocols regarding lethal
injection drugs, moving the state that has not held an execution
in more than...
Read more
Court on Thursday upheld execution protocols regarding lethal
injection drugs, moving the state that has not held an execution
in more than...
Read more
BRIEF-Baxter says Delaware court validates amendment to declassify company's board
* Court of Chancery of State of Delaware validated charter
amendment to declassify company's board of directors
Read more
amendment to declassify company's board of directors
Read more
UPDATE 1-Arista infringes Cisco networking patents, trade agency rules
NEW YORK, June 23 (Reuters) - Network equipment maker Cisco
Systems Inc won a key victory in a sprawling legal
battle with rival Arista Networks Inc on Thursday as
the U.S. International Trade...
Read more
Systems Inc won a key victory in a sprawling legal
battle with rival Arista Networks Inc on Thursday as
the U.S. International Trade...
Read more
UPDATE 2-VW to pay over $10 bln for U.S. emissions scandal - source
WASHINGTON, June 23 (Reuters) - Volkswagen AG
will pay nearly $10.3 billion to settle claims by U.S.
regulators stemming from its diesel emissions cheating scandal,
a source briefed on the agreement...
Read more
will pay nearly $10.3 billion to settle claims by U.S.
regulators stemming from its diesel emissions cheating scandal,
a source briefed on the agreement...
Read more
UPDATE 2-California insurance chief urges U.S. to block Aetna-Humana deal
NEW YORK, June 23 (Reuters) - California's insurance
commissioner on Thursday urged national antitrust regulators to
block health insurer Aetna Inc's proposed $34 billion
acquisition of Humana Inc.
Read more
commissioner on Thursday urged national antitrust regulators to
block health insurer Aetna Inc's proposed $34 billion
acquisition of Humana Inc.
Read more
VW's U.S. emissions settlement nearly $10.3 billion -source
June 23 (Reuters) - Volkswagen AG's diesel
emissions settlement with U.S. regulators is valued at nearly
$10.3 billion, a source briefed on the agreement said on
Thursday.
Read more
emissions settlement with U.S. regulators is valued at nearly
$10.3 billion, a source briefed on the agreement said on
Thursday.
Read more
UPDATE 2- U.S. spurns AstraZeneca's nasal spray flu vaccine as ineffective
LONDON/CHICAGO, June 23 (Reuters) - U.S. health officials
have advised doctors not to use AstraZeneca's FluMist in
the upcoming flu season based on three years of U.S. data
showing that the nasal...
Read more
have advised doctors not to use AstraZeneca's FluMist in
the upcoming flu season based on three years of U.S. data
showing that the nasal...
Read more
Canada's chief bank lobbyist to step down next year
TORONTO, June 23 (Reuters) - The chief lobbyist for Canada's
banks, Terry Campbell, is to step down as chief executive of the
Canadian Bankers Association (CBA) next year, he told Reuters,
leaving...
Read more
banks, Terry Campbell, is to step down as chief executive of the
Canadian Bankers Association (CBA) next year, he told Reuters,
leaving...
Read more
UPDATE 2-Merrill Lynch to pay $415 mln for misusing customer cash-SEC
June 23 (Reuters) - Bank of America Corp's Merrill
Lynch unit will pay $415 million in the largest customer
protection settlement in the Securities and Exchange
Commission's history and admit to...
Read more
Lynch unit will pay $415 million in the largest customer
protection settlement in the Securities and Exchange
Commission's history and admit to...
Read more
UPDATE 1-BofA's Merrill Lynch unit fined for failing to disclose note fees
June 23 (Reuters) - Bank of America Corp's Merrill
Lynch unit will pay a $10 million penalty to settle charges its
offering materials for a risky type of note misled investors,
the U.S. Securities...
Read more
Lynch unit will pay a $10 million penalty to settle charges its
offering materials for a risky type of note misled investors,
the U.S. Securities...
Read more
Jeep's first software fixes for recalled autos start this month-CEO
Chelsea, MICHIGAN, June 23 (Reuters) - Fiat Chrysler
Automobiles NV chief of Jeep brand Mike
Manley said Thursday software fixes for 1.1 million vehicles
that were recalled for rollaway risks,...
Read more
Automobiles NV chief of Jeep brand Mike
Manley said Thursday software fixes for 1.1 million vehicles
that were recalled for rollaway risks,...
Read more
Merrill Lynch to pay $415 mln for misusing customer cash-SEC
June 23 (Reuters) - Bank of America Corp's Merrill Lynch
unit will pay $415 million and admit to wrongdoing to settle
charges that it misused customer cash to generate profits and
failed to safeguard...
Read more
unit will pay $415 million and admit to wrongdoing to settle
charges that it misused customer cash to generate profits and
failed to safeguard...
Read more
BRIEF-Gilead says European Commission grants marketing authorization for Odefsey
* European Commission grants marketing authorization for
Gilead's single tablet regimen Odefsey (emtricitabine,
rilpivirine, tenofovir alafenamide) for the treatment of HIV
Read more
Gilead's single tablet regimen Odefsey (emtricitabine,
rilpivirine, tenofovir alafenamide) for the treatment of HIV
Read more
BRIEF-PSA Group gives full approval to enviro-prime epic electrocoat by PPG
* Psa group gives full approval to enviro-prime epic
electrocoat by ppg
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
electrocoat by ppg
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
BRIEF-St. Jude Medical says announces CE Mark approval and launch of SyncAV CRT software
* Announced ce mark approval and launch of syncav crt
software
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
software
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
UPDATE 1-Fiat Chrysler recalls 13,000 Maserati cars for rollaway issue
WASHINGTON, June 23 (Reuters) - Fiat Chrysler Automobiles
NV's Maserati unit is recalling 13,092 Quattroporte
and Ghibli luxury cars in the United States because they may
roll away after drivers...
Read more
NV's Maserati unit is recalling 13,092 Quattroporte
and Ghibli luxury cars in the United States because they may
roll away after drivers...
Read more
EU mergers and takeovers (June 23)
BRUSSELS, June 23 (Reuters) - The following are mergers
under review by the European Commission and a brief guide to the
EU merger process:
Read more
under review by the European Commission and a brief guide to the
EU merger process:
Read more
India's Sun Pharma bets on new products to boost U.S. skincare products growth
MUMBAI, June 23 (Reuters) - India's largest drugmaker Sun
Pharmaceutical Industries is banking on the launch of
newer and more complex products to offset rising competition in
its lucrative U.S....
Read more
Pharmaceutical Industries is banking on the launch of
newer and more complex products to offset rising competition in
its lucrative U.S....
Read more
BRIEF-Airbus Safran set to win EU approval to take over Arianespace SA- Bloomberg
* Airbus Safran Launchers SAS is set to win EU approval as
soon as next month to take over Arianespace SA-Bloomberg, citing
sources
Read more
soon as next month to take over Arianespace SA-Bloomberg, citing
sources
Read more
Russia's Quadra chairman Dod may face more charges - investigators
MOSCOW, June 23 (Reuters) - Chairman of Russian electricity
producer Quadra Yevgeny Dod may face more charges, the Russian
Investigative Committee said in a statement on Thursday.
Read more
producer Quadra Yevgeny Dod may face more charges, the Russian
Investigative Committee said in a statement on Thursday.
Read more
UPDATE 1-Brazil police arrest former minister Paulo Bernardo - media
BRASILIA, June 23 (Reuters) - Brazil police arrested former
minister Paulo Bernardo and raided Workers Party headquarters in
Sao Paulo on Thursday in the latest stage of its massive probe
into...
Read more
minister Paulo Bernardo and raided Workers Party headquarters in
Sao Paulo on Thursday in the latest stage of its massive probe
into...
Read more
BRIEF-GE gets offer from Cerberus Capital for its consumer finance business in France
* Ge receives binding offer from cerberus capital management
for sale of consumer finance business in france
Read more
for sale of consumer finance business in france
Read more
U.S. Supreme Court weighs review of canceled patent on prenatal test
NEW YORK, June 23 (Reuters) - Companies, trade groups and
universities who fear that many important discoveries may no
longer qualify for patents are among a broad coalition urging
the U.S. Supreme...
Read more
universities who fear that many important discoveries may no
longer qualify for patents are among a broad coalition urging
the U.S. Supreme...
Read more
Wednesday, June 22, 2016
Philadelphia Energy shopping East Coast's largest refinery -sources
NEW YORK, June 23 (Reuters) - Philadelphia Energy Solutions,
the Carlyle Group-backed company that breathed new life into a
"zombie" refinery complex on the East Coast is now trying to
shed the...
Read more
the Carlyle Group-backed company that breathed new life into a
"zombie" refinery complex on the East Coast is now trying to
shed the...
Read more
PRESS DIGEST - Wall Street Journal - June 23
June 23 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Japan's FSA monitoring bank FX liquidity ahead of Brexit vote - sources
TOKYO, June 23 (Reuters) - Japan's financial regulator is
monitoring foreign currency liquidity among the country's banks
and brokerages ahead of Britain's closely-run referendum on
European Union...
Read more
monitoring foreign currency liquidity among the country's banks
and brokerages ahead of Britain's closely-run referendum on
European Union...
Read more
PRESS DIGEST- British Business - June 23
June 23 - The following are the top stories on the business
pages of British newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
pages of British newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
UPDATE 4-VW owners close ranks as investors vent fury over crisis
* CEO stresses readiness to change to assuage critics
(Adds voting behaviour and comment from Lower Saxony)
Read more
(Adds voting behaviour and comment from Lower Saxony)
Read more
U.S. SEC accuses U.K. man of hacking, fraudulent trades
NEW YORK, June 22 (Reuters) - The U.S. Securities and
Exchange Commission sued a U.K. man it said hacked into online
brokerage accounts of several U.S. investors, placed
unauthorized stock trades,...
Read more
Exchange Commission sued a U.K. man it said hacked into online
brokerage accounts of several U.S. investors, placed
unauthorized stock trades,...
Read more
Some mortgage servicers break U.S. rules, mostly due to technology -consumer bureau
WASHINGTON, June 22 (Reuters) - Some mortgage servicers are
failing to follow federal rules intended to help struggling
borrowers avoid foreclosure, often because they use faulty
technology, the U.S....
Read more
failing to follow federal rules intended to help struggling
borrowers avoid foreclosure, often because they use faulty
technology, the U.S....
Read more
COLUMN-For U.S. retirees, 2017 COLA lacks fizz
CHICAGO, June 22 (Reuters) - Retirees will receive a paltry
increase in their Social Security checks in 2017 - the second
consecutive year of flat or near-flat benefits, and the fifth
year of...
Read more
increase in their Social Security checks in 2017 - the second
consecutive year of flat or near-flat benefits, and the fifth
year of...
Read more
UPDATE 1-Canada pilot fatigue rules to start in 2018 for large carriers -union
MONTREAL, June 22 (Reuters) - Proposed Canadian rules to
ensure commercial pilots get enough rest would go into effect in
2018 for WestJet Airlines Ltd and Air Canada
but apply to smaller carriers...
Read more
ensure commercial pilots get enough rest would go into effect in
2018 for WestJet Airlines Ltd and Air Canada
but apply to smaller carriers...
Read more
FAA proposes two new fines against Amazon.com over hazardous shipments
WASHINGTON, June 22 (Reuters) - The U.S. Federal Aviation
Administration said on Wednesday it is proposing $130,000 in
civil fines against Amazon.com Inc for two new
violations of shipping products...
Read more
Administration said on Wednesday it is proposing $130,000 in
civil fines against Amazon.com Inc for two new
violations of shipping products...
Read more
Brazil audit court judge sees cartel at Petrobras refinery
BRASILIA, June 22 (Reuters) - There is evidence of 16
Brazilian companies, including builders OAS and Odebrecht,
forming a cartel to divide up contracts for the Abreu e Lima
refinery in northeast...
Read more
Brazilian companies, including builders OAS and Odebrecht,
forming a cartel to divide up contracts for the Abreu e Lima
refinery in northeast...
Read more
UPDATE 2-U.S. Senate votes down proposal to expand FBI surveillance powers
WASHINGTON, June 22 (Reuters) - The U.S. Senate on Wednesday
voted down a Republican-backed proposal to expand the Federal
Bureau of Investigation's secretive surveillance powers after
the mass...
Read more
voted down a Republican-backed proposal to expand the Federal
Bureau of Investigation's secretive surveillance powers after
the mass...
Read more
Democratic senators ask U.S. Justice Dept to block insurance megamergers
WASHINGTON, June 22 (Reuters) - Seven Democratic senators
urged the U.S. Justice Department on Wednesday to block two
mergers of major health insurance companies, saying that the
proposed deals would...
Read more
urged the U.S. Justice Department on Wednesday to block two
mergers of major health insurance companies, saying that the
proposed deals would...
Read more
Brazil probe likely to hamper Eletrobras asset sales
SAO PAULO, June 22 (Reuters) - Several graft and bribes
probes into Centrais Elétricas Brasileiras SA could delay asset
sale plans at Brazil's state-controlled power holding company,
analysts and...
Read more
probes into Centrais Elétricas Brasileiras SA could delay asset
sale plans at Brazil's state-controlled power holding company,
analysts and...
Read more
UPDATE 2-Ex-Deutsche Bank trader pleaded guilty in U.S. to Libor scheme -records
NEW YORK, June 22 (Reuters) - U.S. prosecutors have secured
a guilty plea from a second former Deutsche Bank AG
trader for conspiring to manipulate Libor, the benchmark
interest rate at the center...
Read more
a guilty plea from a second former Deutsche Bank AG
trader for conspiring to manipulate Libor, the benchmark
interest rate at the center...
Read more
NY regulator: Some banks aren't complying with settlement pacts
NEW YORK, June 22 (Reuters) - Monitors who are keeping tabs
on financial institutions that settled misconduct charges with
New York State's financial regulator have uncovered "serious
compliance...
Read more
on financial institutions that settled misconduct charges with
New York State's financial regulator have uncovered "serious
compliance...
Read more
UPDATE 2-Ex-boss of Russian state firm charged with fraud
MOSCOW, June 22 (Reuters) - Russian investigators charged
the former head of a major state power generator on Wednesday
with fraudulently giving himself a bonus of about $10 million,
in the...
Read more
the former head of a major state power generator on Wednesday
with fraudulently giving himself a bonus of about $10 million,
in the...
Read more
U.S. Senate votes down proposal to expand FBI surveillance powers
WASHINGTON, June 22 (Reuters) - The U.S. Senate on Wednesday
voted down a Republican-backed proposal to expand the Federal
Bureau of Investigation's secretive surveillance powers after
the mass...
Read more
voted down a Republican-backed proposal to expand the Federal
Bureau of Investigation's secretive surveillance powers after
the mass...
Read more
Ex-Deutsche Bank trader pleaded guilty in U.S. to Libor scheme: records
NEW YORK, June 22 (Reuters) - U.S. prosecutors have secured
a guilty plea from a second former Deutsche Bank AG
trader for conspiring to manipulate Libor, the benchmark
interest rate at the center...
Read more
a guilty plea from a second former Deutsche Bank AG
trader for conspiring to manipulate Libor, the benchmark
interest rate at the center...
Read more
Massachusetts securities regulator cracks down on fake proxy voting
BOSTON, June 22 (Reuters) - The securities regulator for
Massachusetts said on Wednesday he has reached a settlement with
seven firms in connection with unauthorized proxy voting in
American Realty...
Read more
Massachusetts said on Wednesday he has reached a settlement with
seven firms in connection with unauthorized proxy voting in
American Realty...
Read more
Banco do Brasil sees possible 3rd qtr rebound in consumer credit
SAO PAULO, June 22 (Reuters) - State-controlled Banco do
Brasil SA, the nation's largest bank by assets,
expects demand for consumer credit to slightly recover in the
third quarter, Raul Moreira,...
Read more
Brasil SA, the nation's largest bank by assets,
expects demand for consumer credit to slightly recover in the
third quarter, Raul Moreira,...
Read more
BRIEF-Analogic says resolves distributor inquiry
* Reached agreements with sec, department of justice, and
danish government resolving previously disclosed fcpa
investigation
Read more
danish government resolving previously disclosed fcpa
investigation
Read more
BRIEF-Agenus Inc starts phase 1/2 clinical trial of anti-GITR agonist antibody
* Expect to initiate additional clinical studies with
antibodies and immuno-oncology leads from comprehensive pipeline
in next twelve months
Read more
antibodies and immuno-oncology leads from comprehensive pipeline
in next twelve months
Read more
UPDATE 1-Italy's 5-star wants vote on euro, joining wave of referendums
* France's Le Pen, Britain's Farage say EU falling apart
(Adds background, Len Pen comments)
Read more
(Adds background, Len Pen comments)
Read more
Post-Brexit moves to Paris, Frankfurt would mean hefty pay cuts for UK bankers -data
LONDON, June 22 (Reuters) - London-based bankers considering
a possible relocation if Britain votes out of the European Union
would suffer pay cuts of up to 80 percent if they were to move
to...
Read more
a possible relocation if Britain votes out of the European Union
would suffer pay cuts of up to 80 percent if they were to move
to...
Read more
Israel eyes law to remove online content inciting terrorism
TEL AVIV, June 22 (Reuters) - Israel's Justice Ministry is
drafting legislation that would enable it to order Facebook,
YouTube, Twitter and other social media to remove online
postings it deems to...
Read more
drafting legislation that would enable it to order Facebook,
YouTube, Twitter and other social media to remove online
postings it deems to...
Read more
Conditions perfect to lift Iceland's capital controls - finance minister
LONDON, June 22 (Reuters) - Conditions are perfect to lift
capital controls imposed on Iceland's economy during a 2008
financial crisis, Finance Minister Bjarni Benediktsson said on
Wednesday.
Read more
capital controls imposed on Iceland's economy during a 2008
financial crisis, Finance Minister Bjarni Benediktsson said on
Wednesday.
Read more
BRIEF-Swoot says raised 2.8 mln in equity financing
* Says it has raised 2.8 mln in equity financing from total
offering amount of $3.0 mln-Sec filing
Source text for Eikon: (http://1.usa.gov/28OyN17)
(Bengaluru Newsroom: +1-646-223-8780)
Read more
offering amount of $3.0 mln-Sec filing
Source text for Eikon: (http://1.usa.gov/28OyN17)
(Bengaluru Newsroom: +1-646-223-8780)
Read more
PRESS DIGEST- British Business - June 22
June 22 (Reuters) - The following are the top stories on the
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
Tuesday, June 21, 2016
UPDATE 1-Top U.S. regulators discuss possibility of Britain leaving EU - Treasury
WASHINGTON, June 21 (Reuters) - The heads of the U.S.
financial regulatory agencies, including Treasury Secretary Jack
Lew, conferred on Tuesday about the upcoming "Brexit" vote in a
regularly...
Read more
financial regulatory agencies, including Treasury Secretary Jack
Lew, conferred on Tuesday about the upcoming "Brexit" vote in a
regularly...
Read more
U.S. bank offers cyber insurance against wire-transfer fraud
June 21 (Reuters) - Grandpoint Bank on Tuesday introduced
cyber insurance policies to reimburse business customers for
fast-growing wire-transfer fraud schemes.
Read more
cyber insurance policies to reimburse business customers for
fast-growing wire-transfer fraud schemes.
Read more
Top U.S. regulators discuss possibility of Britain leaving EU - Treasury
WASHINGTON, June 21 (Reuters) - The heads of the U.S.
financial regulatory agencies, including Treasury Secretary Jack
Lew, conferred on Tuesday about the upcoming "Brexit" vote in a
regularly...
Read more
financial regulatory agencies, including Treasury Secretary Jack
Lew, conferred on Tuesday about the upcoming "Brexit" vote in a
regularly...
Read more
BRIEF-Michael Kors CEO John Idol's total compensation $15.07 mln in 2016
* Honorary Chairman & Chief Creative Officer Michael Kors'
2016 total compensation was $15.1 million - sec filing
Read more
2016 total compensation was $15.1 million - sec filing
Read more
Fed warns U.S. equity valuations "well above" median
NEW YORK, June 21 (Reuters) - The Federal Reserve on Tuesday
delivered its starkest warning yet under Chair Janet Yellen that
by its assessment U.S. stocks are pricey.
Read more
delivered its starkest warning yet under Chair Janet Yellen that
by its assessment U.S. stocks are pricey.
Read more
Ryanair warns of two to three-year downturn if Britain leaves the EU
PARIS, June 21 (Reuters) - Ryanair boss Michael
O'Leary warned on Tuesday of a two to three-year economic
downturn if Britain votes to leave the European Union and said
that Brussels has been given a...
Read more
O'Leary warned on Tuesday of a two to three-year economic
downturn if Britain votes to leave the European Union and said
that Brussels has been given a...
Read more
Brazil speaker refuses to quit, denies corruption charges
BRASILIA, June 21 (Reuters) - Brazil's suspended House
speaker, Eduardo Cunha, denied any criminal wrongdoing on
Tuesday and said he will not resign, even though he has already
been indicted for...
Read more
speaker, Eduardo Cunha, denied any criminal wrongdoing on
Tuesday and said he will not resign, even though he has already
been indicted for...
Read more
Kroton's new offer for Brazilian peer Estacio is final -source
SAO PAULO, June 21 (Reuters) - Kroton Educacional SA's
latest bid for Brazilian peer Estacio Participações
SA is its final offer, a source familiar with
Kroton's plans said on Tuesday, adding that...
Read more
latest bid for Brazilian peer Estacio Participações
SA is its final offer, a source familiar with
Kroton's plans said on Tuesday, adding that...
Read more
Fed's Powell warns that dollar-based Libor could disappear
June 21 (Reuters) - Financial markets need to consider the
risks of relying heavily on the dollar-based London Interbank
Offer Rate (Libor) because this reference rate could stop being
published,...
Read more
risks of relying heavily on the dollar-based London Interbank
Offer Rate (Libor) because this reference rate could stop being
published,...
Read more
UPDATE 1-Trader Joe's to cut greenhouse gases, pay fine in U.S. settlement
June 21 (Reuters) - The popular U.S. grocery chain Trader
Joe's Co agreed to spend $2 million to reduce refrigerator
coolant leaks at 453 stores, to settle federal claims it failed
to promptly repair...
Read more
Joe's Co agreed to spend $2 million to reduce refrigerator
coolant leaks at 453 stores, to settle federal claims it failed
to promptly repair...
Read more
Europe's robots to become "electronic persons" under draft plan
MUNICH, Germany, June 21 (Reuters) - Europe's growing army
of robot workers could be classed as "electronic persons" and
their owners liable to paying social security for them if the
European Union...
Read more
of robot workers could be classed as "electronic persons" and
their owners liable to paying social security for them if the
European Union...
Read more
BRIEF-MiMedx Group reaches settlement with Medline Industries and Liventa Bioscience for certain claims
* MiMedx reaches settlement with Medline Industries and
Liventa Bioscience for certain claims
Read more
Liventa Bioscience for certain claims
Read more
UPDATE 1-Fiat Chrysler to phase out air bag inflators subject to recall by 2019
WASHINGTON, June 21 (Reuters) - Fiat Chrysler Automobiles
said on Tuesday it will halt the use of a Takata air bag
inflator that will be subject to a future recall and will notify
buyers of its 2016...
Read more
said on Tuesday it will halt the use of a Takata air bag
inflator that will be subject to a future recall and will notify
buyers of its 2016...
Read more
BRIEF-Ares Capital files for mixed shelf of upto $3.0 bln
* files for mixed shelf of upto $3.0 billion - Sec filing
Source text : http://1.usa.gov/28Pmgqw
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
Source text : http://1.usa.gov/28Pmgqw
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
VW says Diess under investigation, sees no evidence of market manipulation
FRANKFURT, June 21 (Reuters) - Volkswagen on
Tuesday confirmed that prosecutors in Braunschweig, Germany,
were probing VW brand chief Herbert Diess as part of an
investigation into whether Europe's...
Read more
Tuesday confirmed that prosecutors in Braunschweig, Germany,
were probing VW brand chief Herbert Diess as part of an
investigation into whether Europe's...
Read more
UPDATE 1-Kroton raises Estácio bid as battle for Brazil colleges heats up
SAO PAULO/BRASILIA, June 21 (Reuters) - Kroton Educacional
SA, Brazil's largest for-profit education firm,
improved on Tuesday the terms of an unsolicited bid for Estácio
Participações SA in an...
Read more
SA, Brazil's largest for-profit education firm,
improved on Tuesday the terms of an unsolicited bid for Estácio
Participações SA in an...
Read more
UPDATE 1-Egypt will decide on Tuesday if EgyptAir black boxes should be sent abroad for repairs
CAIRO, June 21 (Reuters) - Egyptian investigators will
decide later on Tuesday whether the memory units of crashed
EgyptAir flight MS804's black box recorders will need to be sent
abroad or could be...
Read more
decide later on Tuesday whether the memory units of crashed
EgyptAir flight MS804's black box recorders will need to be sent
abroad or could be...
Read more
BRIEF-Redhill Biopharma says Yeliva met main goal in early-stage study in solid tumors
* Redhill biopharma announces positive final results with
primary and secondary endpoints met in phase 1 study with
yeliva in advanced solid tumors
Read more
primary and secondary endpoints met in phase 1 study with
yeliva in advanced solid tumors
Read more
BRIEF-Perrigo Company launches non-GMO infant formulas
* Perrigo announces FDA clearance and launch of non-GMO
infant formulas for the U.S. Store brand market
Read more
infant formulas for the U.S. Store brand market
Read more
BRIEF-Emergent BioSolutions says FDA completed pre-approval inspection of manufacturing facility for BioThrax
* Approval inspection of Emergent BioSolutions' large-scale
manufacturing facility for BioThrax
Read more
manufacturing facility for BioThrax
Read more
EU envoys extend economic sanctions on Russia until end-January - sources
BRUSSELS, June 21 (Reuters) - Brussels-based envoys of the
European Union's 28 member states agreed on Tuesday to extend
until the end of January the energy, financial and defence
sanctions on Russia...
Read more
European Union's 28 member states agreed on Tuesday to extend
until the end of January the energy, financial and defence
sanctions on Russia...
Read more
Proposals to curb online speech viewed as threat to open internet
SAN FRANCISCO/ TORONTO, June 21 (Reuters) - At least a
dozen countries are considering or have enacted laws restricting
online speech, a trend that is alarming policymakers and others
who see the...
Read more
dozen countries are considering or have enacted laws restricting
online speech, a trend that is alarming policymakers and others
who see the...
Read more
UPDATE 1-Top German court clears ECB's OMT scheme with minor limits
KARLSRUHE/FRANKFURT, June 21 (Reuters) - Germany's
Constitutional Court rejected on Tuesday a challenge of the
European Central Bank's emergency bond-buying scheme, placing
only minor limits on the...
Read more
Constitutional Court rejected on Tuesday a challenge of the
European Central Bank's emergency bond-buying scheme, placing
only minor limits on the...
Read more
Top German court clears ECB's OMT bond buying scheme
FRANKFURT, June 21 (Reuters) - Germany's Constitutional
Court rejected on Tuesday a challenge of the European Central
Bank's emergency bond-buying scheme, clearing a never-used
crisis fighting tool.
Read more
Court rejected on Tuesday a challenge of the European Central
Bank's emergency bond-buying scheme, clearing a never-used
crisis fighting tool.
Read more
UPDATE 1-Australian watchdog sues Heinz over 'Little Kids' health claims
SYDNEY, June 21 (Reuters) - Australia's consumer watchdog on
Tuesday sued the Australian subsidiary of U.S.-based Kraft Heinz
Co alleging it falsely advertised the nutritional value
of its Little...
Read more
Tuesday sued the Australian subsidiary of U.S.-based Kraft Heinz
Co alleging it falsely advertised the nutritional value
of its Little...
Read more
BRIEF-OPKO Health says FDA approves new drug application for Rayaldee
* Fda Approves New Drug Application For Rayaldee To Treat
Secondary Hyperparathyroidism Associated With Vitamin D
Insufficiency In Stage 3
Read more
Secondary Hyperparathyroidism Associated With Vitamin D
Insufficiency In Stage 3
Read more
Monday, June 20, 2016
UPDATE 1-Mitsubishi expects annual loss due to mileage cheating scandal - Kyodo
TOKYO, June 21 (Reuters) - Mitsubishi Motors Corp
expects to post a net loss this financial year over its mileage
cheating scandal, hurt by compensation costs and a slide in
vehicle sales, Kyodo...
Read more
expects to post a net loss this financial year over its mileage
cheating scandal, hurt by compensation costs and a slide in
vehicle sales, Kyodo...
Read more
Japan govt says Mitsubishi can resume sales of cars in mileage cheating scandal
TOKYO, June 21 (Reuters) - Japan's transport ministry said
on Tuesday that government tests of Mitsubishi Motors Corp
minivehicles with overstated mileages showed that their
fuel economy was on...
Read more
on Tuesday that government tests of Mitsubishi Motors Corp
minivehicles with overstated mileages showed that their
fuel economy was on...
Read more
Bondholders file proposed class action against Volkswagen AG
June 20 (Reuters) - Boston Retirement System, the public
pension fund for Boston municipal employees, filed the first
bondholders proposed class action against Volkswagen AG
related to the company's...
Read more
pension fund for Boston municipal employees, filed the first
bondholders proposed class action against Volkswagen AG
related to the company's...
Read more
Australian watchdog sues Heinz over 'Little Kids' health claims
SYDNEY, June 21 (Reuters) - Australia's consumer watchdog on
Tuesday sued the Australian subsidiary of U.S.-based Kraft Heinz
Co alleging it falsely advertised the nutritional value
of its Little...
Read more
Tuesday sued the Australian subsidiary of U.S.-based Kraft Heinz
Co alleging it falsely advertised the nutritional value
of its Little...
Read more
UPDATE 1-Canada's provinces reach preliminary deal on pension plan reform
VANCOUVER, June 20 (Reuters) - Canada's provinces agreed in
principle on Monday to support a compromise plan to expand the
country's national pension plan that would see premiums raised
moderately...
Read more
principle on Monday to support a compromise plan to expand the
country's national pension plan that would see premiums raised
moderately...
Read more
UPDATE 4-Fiat Chrysler to investigate crash that killed 'Star Trek' actor
WASHINGTON/LOS ANGELES June 20 (Reuters) - Fiat Chrysler
Automobiles NV said on Monday it would investigate a
crash that killed "Star Trek" actor Anton Yelchin in his
recalled 2015 Jeep Grand...
Read more
Automobiles NV said on Monday it would investigate a
crash that killed "Star Trek" actor Anton Yelchin in his
recalled 2015 Jeep Grand...
Read more
Canada provinces reach preliminary deal on pension plan reform -source
VANCOUVER, June 20 (Reuters) - Canada's provinces have
reached an agreement-in-principle to support a compromise plan
to expand the country's national pension plan that would see
premiums raised...
Read more
reached an agreement-in-principle to support a compromise plan
to expand the country's national pension plan that would see
premiums raised...
Read more
Uber is added to surge-pricing lawsuit, could prompt arbitration
NEW YORK, June 20 (Reuters) - A federal judge said Uber
Technologies Inc can be added as a defendant in an antitrust
lawsuit against its chief executive officer over its pricing
practices, an outcome...
Read more
Technologies Inc can be added as a defendant in an antitrust
lawsuit against its chief executive officer over its pricing
practices, an outcome...
Read more
Alpha Natural reorganization plan not viable -U.S. government
CHICAGO, June 20 (Reuters) - The U.S. Department of Justice
has opposed a plan by coal producer Alpha Natural Resources
to sell valuable assets to its creditors, which it
said puts significant mine...
Read more
has opposed a plan by coal producer Alpha Natural Resources
to sell valuable assets to its creditors, which it
said puts significant mine...
Read more
BRIEF-Cellectis says first patient treated in phase 1 trial of UCART19
* Cellectis SA says first patient treated in phase 1 trial
of ucart19 in pediatric acute B lymphoblastic leukemia
Read more
of ucart19 in pediatric acute B lymphoblastic leukemia
Read more
Brazil's Oi, units file for bankruptcy protection
SAO PAULO, June 20 (Reuters) - Oi SA and six subsidiaries
filed for bankruptcy protection in a Rio de Janeiro court on
Monday, after Brazil's most indebted phone carrier failed to
reach an agreement...
Read more
filed for bankruptcy protection in a Rio de Janeiro court on
Monday, after Brazil's most indebted phone carrier failed to
reach an agreement...
Read more
Berkshire workers comp business faulted by California regulator
June 20 (Reuters) - California's insurance commissioner on
Monday said a Berkshire Hathaway Inc insurance business
evaded a state law designed to protect small businesses from
unexpected workers'...
Read more
Monday said a Berkshire Hathaway Inc insurance business
evaded a state law designed to protect small businesses from
unexpected workers'...
Read more
BRIEF-Redstone's lawyers file to dismiss Mass. court case - CNBC
* Redstone's lawyers file to dismiss Mass. court case - CNBC
Further company coverage:
(Bengaluru Newsroom)
Read more
Further company coverage:
(Bengaluru Newsroom)
Read more
UPDATE 1-Too-tough capital rules may stifle U.S. lending -Fed's Kashkari
WASHINGTON, June 20 (Reuters) - Regulators may hurt the
economy and push borrowers toward non-bank lenders if they set
too-high capital standards for Wall Street, Neel Kashkari,
president of the...
Read more
economy and push borrowers toward non-bank lenders if they set
too-high capital standards for Wall Street, Neel Kashkari,
president of the...
Read more
Fed's Kashkari says Brexit could have moderate effect on U.S.
WASHINGTON, June 20 (Reuters) - A vote by Britain Thursday
to leave the European Union could have "moderate direct effects"
on the U.S. economy, but probably does not pose big financial
risks, a top...
Read more
to leave the European Union could have "moderate direct effects"
on the U.S. economy, but probably does not pose big financial
risks, a top...
Read more
UPDATE 1-Vancouver takes legal action to block Kinder Morgan pipeline plan
VANCOUVER, June 20 (Reuters) - The City of Vancouver said on
Monday it had taken legal action against the Canadian energy
regulator's approval of Kinder Morgan's Trans Mountain
pipeline expansion,...
Read more
Monday it had taken legal action against the Canadian energy
regulator's approval of Kinder Morgan's Trans Mountain
pipeline expansion,...
Read more
Bank analysts to face real and imagined stress on Thursday
NEW YORK, June 20 (Reuters) - Wall Street analysts who cover
big banks will endure a long night on Thursday, when a barrage
of data will show how well the largest U.S. financial
institutions can...
Read more
big banks will endure a long night on Thursday, when a barrage
of data will show how well the largest U.S. financial
institutions can...
Read more
UPDATE 1-U.S. FCC to vote on spectrum for 5G wireless networks
WASHINGTON, June 20 (Reuters) - The U.S. Federal
Communications Commission will vote July 14 on new rules to
identify and open spectrum for next-generation high-speed 5G
wireless applications, the...
Read more
Communications Commission will vote July 14 on new rules to
identify and open spectrum for next-generation high-speed 5G
wireless applications, the...
Read more
BRIEF-Japanese Govt to allow Mitsubishi to continue selling four minicar models - Nikkei
* Japanese govt to allow mitsubishi to continue selling four
minicar models for which co falsified fuel-efficiency figures -
Nikkei, Citing Sources
Read more
minicar models for which co falsified fuel-efficiency figures -
Nikkei, Citing Sources
Read more
India eases foreign investment rules for airlines
NEW DELHI, June 20 (Reuters) - India eased rules for foreign
investment in the country's aviation sector on Monday in a bid
to boost air travel and develop new airports in Asia's
third-largest...
Read more
investment in the country's aviation sector on Monday in a bid
to boost air travel and develop new airports in Asia's
third-largest...
Read more
RPT-German prosecutors probe former CEO over market manipulation
BERLIN, June 20 (Reuters) - German prosecutors launched a
probe against former Volkswagen Chief Executive
Martin Winterkorn and another senior executive who are suspected
of possible market...
Read more
probe against former Volkswagen Chief Executive
Martin Winterkorn and another senior executive who are suspected
of possible market...
Read more
BRIEF-Oracle announces Pfizer's selection of Oracle cloud for clinical data management
* Oracle announces pfizer's selection of oracle cloud for
clinical data management and trial management across its
clinical trial portfolio
Source text for Eikon:
Further company coverage:
...
Read more
clinical data management and trial management across its
clinical trial portfolio
Source text for Eikon:
Further company coverage:
...
Read more
BRIEF-Icahn Enterprises increases offer to buy remaining shares of Federal-Mogul
* On june 17, delivered letter to federal-mogul holdings'
board increasing its offer to acquire remaining shares of co's
common stock
Read more
board increasing its offer to acquire remaining shares of co's
common stock
Read more
France to vote against continued EU use of weedkiller glyphosate
BRUSSELS, June 20 (Reuters) - France will vote on Friday
against the continued use of weedkiller glyphosate, its
environment minister said, adding to uncertainty over the future
of widely-used...
Read more
against the continued use of weedkiller glyphosate, its
environment minister said, adding to uncertainty over the future
of widely-used...
Read more
India to hold briefing on FDI rules - official
NEW DELHI, June 20 (Reuters) - A senior Indian government
official was due on Monday to hold a briefing on foreign direct
investment, as reports circulated that Prime Minister Narendra
Modi would...
Read more
official was due on Monday to hold a briefing on foreign direct
investment, as reports circulated that Prime Minister Narendra
Modi would...
Read more
UPDATE 1-India announces sweeping reforms to foreign direct investment rules
* Full foreign ownership allowed in defence, civil aviation
(New throughout with announcement)
Read more
(New throughout with announcement)
Read more
Sunday, June 19, 2016
UPDATE 1-Malaysia in talks to move startup of B10 biodiesel programme to July
* Mandate to call for B10 for transport, B7 for industry
(Adds details, background, quotes)
Read more
(Adds details, background, quotes)
Read more
Antitrust regulators worry about proposed Cigna-Anthem merger -WSJ
June 19 (Reuters) - U.S. antitrust regulators are concerned
about health insurer Anthem Inc's proposed acquisition
of Cigna Corp and not sure the companies can offer enough
concessions to maintain...
Read more
about health insurer Anthem Inc's proposed acquisition
of Cigna Corp and not sure the companies can offer enough
concessions to maintain...
Read more
Novartis aims to nearly triple biosimilar drugs on market by 2020
KUFSTEIN, Austria, June 20 (Reuters) - Switzerland's
Novartis pledged to nearly triple its number of
biosimilar drugs on the market by 2020, raising its bet that
cheaper versions of blockbuster...
Read more
Novartis pledged to nearly triple its number of
biosimilar drugs on the market by 2020, raising its bet that
cheaper versions of blockbuster...
Read more
BRIEF-U.S. antitrust regulators have privately expressed concerns about Anthem-Cigna deal- WSJ
* U.S. antitrust regulators have privately expressed
concerns about Anthem's proposed acquisition of Cigna- WSJ,
citing sources
Read more
concerns about Anthem's proposed acquisition of Cigna- WSJ,
citing sources
Read more
HeidelbergCement has all regulatory approvals for Italcementi deal
FRANKFURT, June 19 (Reuters) - German cement producer
Heidelbergcement said on Sunday it had obtained all
competition approvals for closing its merger deal with peer
Italcementi after reaching an...
Read more
Heidelbergcement said on Sunday it had obtained all
competition approvals for closing its merger deal with peer
Italcementi after reaching an...
Read more
UPDATE 1-UAE banks NBAD and FGB confirm merger talks, shares soar
June 19 (Reuters) - Shares in National Bank of Abu Dhabi
(NBAD) and First Gulf Bank (FGB) soared on
Sunday after they confirmed discussing a possible merger to
create what would be one of the...
Read more
(NBAD) and First Gulf Bank (FGB) soared on
Sunday after they confirmed discussing a possible merger to
create what would be one of the...
Read more
China's Xi sees Serbia as milestone on new "Silk Road"
SMEDEREVO, Serbia, June 19 (Reuters) - Serbia could play a
significant role in Beijing's ambitious plan for a new "Silk
Road" to boost trade with Europe, Asia and Africa, Chinese
President Xi Jinping...
Read more
significant role in Beijing's ambitious plan for a new "Silk
Road" to boost trade with Europe, Asia and Africa, Chinese
President Xi Jinping...
Read more
EU banking watchdog to leave London in case of Brexit - chairman
BERLIN, June 19 (Reuters) - The European Union's banking
watchdog will move from London to another European capital if
Britain decides to quit the bloc in a referendum this week, its
chairman said in...
Read more
watchdog will move from London to another European capital if
Britain decides to quit the bloc in a referendum this week, its
chairman said in...
Read more
Saturday, June 18, 2016
Qatar predicts at least three years of budget deficits
DUBAI, June 18 (Reuters) - Qatar's government expects to run
a budget deficit for at least three years as low natural gas and
oil prices weigh on its revenues, the Ministry of Development
Planning...
Read more
a budget deficit for at least three years as low natural gas and
oil prices weigh on its revenues, the Ministry of Development
Planning...
Read more
Seven names on long list to replace RBI's Rajan - official
NEW DELHI, June 18 (Reuters) - There are seven candidates on
a long list to replace Reserve Bank of India Governor Raghuram
Rajan, a senior government official told Reuters on Saturday.
Read more
a long list to replace Reserve Bank of India Governor Raghuram
Rajan, a senior government official told Reuters on Saturday.
Read more
India's Finmin says decision on new Cenbank governor coming soon
MUMBAI, June 18 (Reuters) - India's government will decide
soon on a successor for Reserve Bank of India Governor Raghuram
Rajan, after his unexpected announcement that he did not plan to
seek a...
Read more
soon on a successor for Reserve Bank of India Governor Raghuram
Rajan, after his unexpected announcement that he did not plan to
seek a...
Read more
UPDATE 2-India central bank chief Rajan to step down in September
MUMBAI, June 18 (Reuters) - Reserve Bank of India Governor
Raghuram Rajan, who has faced criticism from members of Prime
Minister Narendra Modi's ruling party for not lowering interest
rates enough,...
Read more
Raghuram Rajan, who has faced criticism from members of Prime
Minister Narendra Modi's ruling party for not lowering interest
rates enough,...
Read more
India central bank chief Rajan says not seeking second term
MUMBAI, June 18 (Reuters) - Reserve Bank of India Governor
Raghuram Rajan will return to academia when his current term
ends on Sept. 4, he said in a message to central bank staff on
Saturday.
Read more
Raghuram Rajan will return to academia when his current term
ends on Sept. 4, he said in a message to central bank staff on
Saturday.
Read more
Friday, June 17, 2016
UPDATE 1-U.S. regulator approves IEX as national stock exchange
NEW YORK, June 17 (Reuters) - The U.S. Securities and
Exchange Commission has approved alternative trading group IEX
Group Inc's request to launch a new U.S. public stock exchange,
in a move likely...
Read more
Exchange Commission has approved alternative trading group IEX
Group Inc's request to launch a new U.S. public stock exchange,
in a move likely...
Read more
U.S. House panel claims oversight of state climate probes into Exxon
HOUSTON, June 17 (Reuters) - A Republican-led congressional
committee sought on Friday to assert oversight over inquiries
that about 20 states are making into Exxon Mobil and
climate change,...
Read more
committee sought on Friday to assert oversight over inquiries
that about 20 states are making into Exxon Mobil and
climate change,...
Read more
U.S. SEC approves IEX as national stock exchange
NEW YORK, June 17 (Reuters) - The U.S. Securities and
Exchange Commission has granted the hotly debated request by
alternative trading group IEX Group Inc to launch a new U.S.
public stock exchange,...
Read more
Exchange Commission has granted the hotly debated request by
alternative trading group IEX Group Inc to launch a new U.S.
public stock exchange,...
Read more
Hologic wins emergency U.S. authorization for Zika test
June 17 (Reuters) - Hologic Inc won emergency U.S.
authorization to sell its Zika test, expanding the number of
public and private labs that can test for the virus as health
officials brace for a...
Read more
authorization to sell its Zika test, expanding the number of
public and private labs that can test for the virus as health
officials brace for a...
Read more
SEC beats new challenge to in-house judges in Atlanta federal court
NEW YORK, June 17 (Reuters) - A federal appeals court in
Atlanta ruled on Friday that district courts cannot hear
challenges to the U.S. Securities and Exchange Commission's use
of in-house...
Read more
Atlanta ruled on Friday that district courts cannot hear
challenges to the U.S. Securities and Exchange Commission's use
of in-house...
Read more
U.S. FTC requires HeidelbergCement and Italcementi to divest U.S. assets
WASHINGTON, June 17 (Reuters) - German cement producer
HeidelbergCement AG and Italian producer Italcementi
SpA have agreed to divest a cement plant in Virginia
and up to 11 cement distribution...
Read more
HeidelbergCement AG and Italian producer Italcementi
SpA have agreed to divest a cement plant in Virginia
and up to 11 cement distribution...
Read more
U.S. investigates steering problems in 135,000 older Toyota SUVs
WASHINGTON, June 17 (Reuters) - Steering and braking
problems linked to two crashes and five injuries in 135,000
Toyota sport utility vehicles have prompted the opening of a
federal investigation, a...
Read more
problems linked to two crashes and five injuries in 135,000
Toyota sport utility vehicles have prompted the opening of a
federal investigation, a...
Read more
UPDATE 1-Texas lawsuit seeks to overturn Austin's Uber fingerprint rule
AUSTIN, Texas, June 17 (Reuters) - An Austin City Council
member who is a supporter of ride-hailing companies Uber
and Lyft has filed a lawsuit to overturn a requirement
for their drivers to undergo...
Read more
member who is a supporter of ride-hailing companies Uber
and Lyft has filed a lawsuit to overturn a requirement
for their drivers to undergo...
Read more
UPDATE 1-Ex-Countrywide CEO Mozilo to not face U.S. fraud case -source
NEW YORK, June 17 (Reuters) - Former Countrywide Financial
Corp CEO Angelo Mozilo will not face a U.S. Justice Department
lawsuit for defrauding investors in mortgage-backed securities
issued before...
Read more
Corp CEO Angelo Mozilo will not face a U.S. Justice Department
lawsuit for defrauding investors in mortgage-backed securities
issued before...
Read more
Zika infections in Puerto Rico increasing steadily - officials
CHICAGO, June 17 (Reuters) - Zika infections in Puerto Rico
appear to be increasing rapidly, top U.S. health officials said
on Friday, raising concerns for dozens if not hundreds of cases
of...
Read more
appear to be increasing rapidly, top U.S. health officials said
on Friday, raising concerns for dozens if not hundreds of cases
of...
Read more
Loss accounting rules should not hurt small banks-US regulators
WASHINGTON, June 17 (Reuters) - Satisfying new accounting
rules for bad loans should not be a burden for small banks, U.S.
banking regulators said on Friday.
Read more
rules for bad loans should not be a burden for small banks, U.S.
banking regulators said on Friday.
Read more
BRIEF-Apple says iPhone 6 and other models available for sale today in China-CNBC
* "iPhone 6 and iPhone 6 plus as well as iPhone 6s, iPhone
6s plus & iPhone SE models are all available for sale today in
China" - CNBC citing Apple statement
Read more
6s plus & iPhone SE models are all available for sale today in
China" - CNBC citing Apple statement
Read more
BRIEF-RBC sees "enormous opportunity" for U.S. organic growth
* Royal bank of canada ceo says sees dual brand structure
for RBC/city national for foreseeable future
Read more
for RBC/city national for foreseeable future
Read more
BRIEF-Despite report saying iPhone sales halted in Beijing, all Apple products are for sale right now in China - CNBC
* Despite report saying iPhone sales halted in Beijing, all
Apple products are for sale right now in China - CNBC citing
sources
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
Apple products are for sale right now in China - CNBC citing
sources
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
BRIEF-Travelers files for potential mixed shelf
* Files for potential mixed shelf; size not disclosed - SEC
filing
Source text: (http://1.usa.gov/1Yx6Rzq)
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
filing
Source text: (http://1.usa.gov/1Yx6Rzq)
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
BRIEF-Viacom enter into indemnification agreement
* On June 13, entered into an indemnification agreement with
each of Philippe P. Dauman, George S. Abrams
Read more
each of Philippe P. Dauman, George S. Abrams
Read more
BRIEF-FDA Accepts Emergent BioSolutions' supplemental biologics license application for large-scale manufacturing of BioThrax in Building 55
* FDA has set a prescription drug user fee act (PDUFA)
target action date of august 15, 2016
Read more
target action date of august 15, 2016
Read more
Factory snag hits GSK supply, causing Danish anaesthetic shortage
LONDON, June 17 (Reuters) - Manufacturing problems at a
factory in Italy have disrupted production of some
GlaxoSmithKline medicines, leading to shortages of a
commonly used opioid anaesthetic in...
Read more
factory in Italy have disrupted production of some
GlaxoSmithKline medicines, leading to shortages of a
commonly used opioid anaesthetic in...
Read more
UPDATE 1-Mitsubishi plans $600 mln compensation for four models over mileage cheat -Nikkei
* It has admitted to wrong mileage calculations on other
models
(Recasts with report of compensation plans)
Read more
models
(Recasts with report of compensation plans)
Read more
U.S. strikes back at judge's decision that MetLife not 'too big to fail'
WASHINGTON, June 16 (Reuters) - The U.S. government laid out
its arguments against a federal judge's decision to strike down
the designation of life insurer MetLife Inc as "too big
to fail" in a...
Read more
its arguments against a federal judge's decision to strike down
the designation of life insurer MetLife Inc as "too big
to fail" in a...
Read more
Thursday, June 16, 2016
UPDATE 1-Stop oil by rail in our state, Oregon asks U.S. regulator
NEW YORK, June 16 (Reuters) - Oregon has called for federal
regulators to ban trains carrying oil in the state, ramping up
pressure for more stringent safety checks weeks after an oil
train derailed...
Read more
regulators to ban trains carrying oil in the state, ramping up
pressure for more stringent safety checks weeks after an oil
train derailed...
Read more
UPDATE 1-Vimeo wins U.S. appeal in music copyright case
NEW YORK, June 16 (Reuters) - Video-sharing website Vimeo
LLC cannot be held liable for copyright infringement for
unknowingly hosting older music uploaded by its users, a U.S.
appeals court ruled on...
Read more
LLC cannot be held liable for copyright infringement for
unknowingly hosting older music uploaded by its users, a U.S.
appeals court ruled on...
Read more
Swiss warning to UBS and Credit Suisse to raise billions in bonds
* UBS says nothing materially new in SNB report
(Adds detail, comments from UBS and Credit Suisse)
Read more
(Adds detail, comments from UBS and Credit Suisse)
Read more
Credit Suisse finds no wrongdoing by ex-banker linked to Brazil probe
SAO PAULO, June 16 (Reuters) - Credit Suisse Group AG
said an internal investigation has found no evidence
that a former banker, Sérgio Firmeza Machado, used his position
at the bank to help his...
Read more
said an internal investigation has found no evidence
that a former banker, Sérgio Firmeza Machado, used his position
at the bank to help his...
Read more
BRIEF-Earthstone Energy says public offering of 4.5 mln shares of common stock priced at $10.50 per share
* Announces pricing of underwritten public offering of 4.5
million shares of common stock to public at $10.50 per share
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom; +1...
Read more
million shares of common stock to public at $10.50 per share
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom; +1...
Read more
UPDATE 1-Canada top court rules Quebec city cannot block cell tower
OTTAWA, June 16 (Reuters) - Canada's top court ruled on
Thursday that a Quebec municipality did not have the right to
prevent wireless provider Rogers Communications from building a
cell phone tower...
Read more
Thursday that a Quebec municipality did not have the right to
prevent wireless provider Rogers Communications from building a
cell phone tower...
Read more
UPDATE 1-U.S. top court puts some limits on government fraud lawsuits
WASHINGTON, June 16 (Reuters) - The U.S. Supreme Court on
Thursday imposed some limits on the kind of fraud claims that
can be brought against federal contractors in a case involving a
suit against...
Read more
Thursday imposed some limits on the kind of fraud claims that
can be brought against federal contractors in a case involving a
suit against...
Read more
BRIEF-Psav Inc sees IPO of up to 14.2 mln shares of common stock - SEC Filing
* Psav Inc sees IPO of up to 14.2 million shares of common
stock to be priced between $12.00 and $13.00 per share - SEC
filing
Source text (http://1.usa.gov/1UQAFV2)
Further company coverage:
...
Read more
stock to be priced between $12.00 and $13.00 per share - SEC
filing
Source text (http://1.usa.gov/1UQAFV2)
Further company coverage:
...
Read more
U.S. top court sends healthcare fraud claim case back to lower court
WASHINGTON, June 16 (Reuters) - The U.S. Supreme Court on
Thursday threw out an appeals court ruling that went against
hospital operator Universal Health Services Inc over
whether it has to face a...
Read more
Thursday threw out an appeals court ruling that went against
hospital operator Universal Health Services Inc over
whether it has to face a...
Read more
Russia may tap National Wealth Fund to cover budget deficit in 2017 -Siluanov
ST PETERSBURG, Russia, June 16 (Reuters) - Russia may start
spending cash from one of its sovereign wealth funds, the
National Wealth Fund, to cover budget shortfalls next year,
Finance Minister...
Read more
spending cash from one of its sovereign wealth funds, the
National Wealth Fund, to cover budget shortfalls next year,
Finance Minister...
Read more
Brazilian banks solid and well capitalized -central bank
BRASILIA, June 16 (Reuters) - Brazil's financial system is
solid and well capitalized and policymakers have enough tools to
regulate the sector, central bank's director Anthero Meirelles
said on...
Read more
solid and well capitalized and policymakers have enough tools to
regulate the sector, central bank's director Anthero Meirelles
said on...
Read more
BRIEF-Capricor Therapeutics reports 12-month data from the dynamic clinical trial
* Reports Positive 12 Month data from the dynamic clinical
trial
Source text for Eikon:
Further company coverage:
Read more
trial
Source text for Eikon:
Further company coverage:
Read more
BRIEF-European Commission may deliver its verdict on Apple's tax arrangements in Ireland as soon as next month - Bloomberg
* European Commission may deliver its verdict on Apple's tax
arrangements in Ireland as soon as next month - Bloomberg,
citing Irish Finance Minister
Read more
arrangements in Ireland as soon as next month - Bloomberg,
citing Irish Finance Minister
Read more
RPT-Philadelphia mayor rewrites playbook for soda-tax advocates
NEW YORK, June 16 (Reuters) - Philadelphia Mayor Jim Kenney
stands poised to score a victory that has eluded more than 40
U.S. public officials who took on the powerful U.S. soda
industry, if the...
Read more
stands poised to score a victory that has eluded more than 40
U.S. public officials who took on the powerful U.S. soda
industry, if the...
Read more
COLUMN-Is the U.S. fight over fiduciary rule really about the little guy?
CHICAGO, June 16 (Reuters) - The U.S. Chamber of Commerce
wants you to believe it is looking out for the little guy in its
fight against new government regulation of the retirement
investment advice...
Read more
wants you to believe it is looking out for the little guy in its
fight against new government regulation of the retirement
investment advice...
Read more
BRIEF-Bellerophon enrolls first patient in phase 3 trial for pulmonary arterial hypertension
* 1 phase 3 clinical trial for pulmonary arterial
hypertension (pah)
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
hypertension (pah)
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
Wednesday, June 15, 2016
CORRECTED-UPDATE 3-Visium's Valvani charged with insider trading on FDA leaks
NEW YORK, June 15 (Reuters) - A Manhattan hedge fund manager
was charged on Wednesday with trading on confidential tips about
drug approvals, in one of the biggest insider trading cases
since a 2014...
Read more
was charged on Wednesday with trading on confidential tips about
drug approvals, in one of the biggest insider trading cases
since a 2014...
Read more
Philadelphia mayor rewrites playbook for soda-tax advocates
NEW YORK, June 16 (Reuters) - Philadelphia Mayor Jim Kenney
stands poised to score a victory that has eluded more than 40
U.S. public officials who took on the powerful U.S. soda
industry, if the...
Read more
stands poised to score a victory that has eluded more than 40
U.S. public officials who took on the powerful U.S. soda
industry, if the...
Read more
Singapore Post dissolves executive committee
SINGAPORE, June 16 (Reuters) - Singapore Post Ltd
said on Thursday its executive committee has been dissolved, and
that five directors will have left the board by the coming
annual shareholder...
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said on Thursday its executive committee has been dissolved, and
that five directors will have left the board by the coming
annual shareholder...
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U.S. watchdog warns of cost overruns at Fannie Mae headquarters
WASHINGTON, June 16 (Reuters) - U.S. taxpayers may be paying
too much for construction of the new headquarters of Fannie Mae,
the housing finance company now in government hands, an
independent...
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too much for construction of the new headquarters of Fannie Mae,
the housing finance company now in government hands, an
independent...
Read more
PRESS DIGEST- British Business - June 16
June 16 (Reuters) - The following are the top stories on the
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
UPDATE 1-U.S. Judge extends VW diesel emissions settlement deadline
WASHINGTON, June 15 (Reuters) - A U.S. judge late on
Wednesday extended the deadline for Volkswagen AG,
U.S. government regulators and owners of nearly 500,000 2.0
liter vehicles to reach a final...
Read more
Wednesday extended the deadline for Volkswagen AG,
U.S. government regulators and owners of nearly 500,000 2.0
liter vehicles to reach a final...
Read more
U.S. Judge extends VW diesel emissions settlement deadline
June 15 (Reuters) - A U.S. judge late on Wednesday extended
the deadline for Volkswagen AG to reach a final
diesel emissions settlement with U.S. government regulators and
owners of nearly 500,000...
Read more
the deadline for Volkswagen AG to reach a final
diesel emissions settlement with U.S. government regulators and
owners of nearly 500,000...
Read more
U.S. attorney in Manhattan probes Bangladesh Bank cyber heist -source
June 15 (Reuters) - The U.S. attorney's office in Manhattan
has opened an investigation of the cyber heist of $81 million
from Bangladesh Bank's account at the Federal Reserve Bank of
New York, a law...
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has opened an investigation of the cyber heist of $81 million
from Bangladesh Bank's account at the Federal Reserve Bank of
New York, a law...
Read more
UPDATE 1-U.S. indicts two Japanese auto parts companies for bid-rigging
WASHINGTON, June 15 (Reuters) - Two Japanese auto parts
companies, Tokai Kogyo Co Ltd and Maruyasu Industries Co Ltd,
were indicted on Wednesday on price-fixing charges along with
five executives,...
Read more
companies, Tokai Kogyo Co Ltd and Maruyasu Industries Co Ltd,
were indicted on Wednesday on price-fixing charges along with
five executives,...
Read more
European Union reaches outline deal to stem flow of conflict minerals
BRUSSELS, June 15 (Reuters) - The European Union on
Wednesday agreed an outline deal on a law to clean up the
commodities supply chain, so importers will have to carry out
checks to stem the use of...
Read more
Wednesday agreed an outline deal on a law to clean up the
commodities supply chain, so importers will have to carry out
checks to stem the use of...
Read more
Clinton would use executive action to end tax loophole -USA Today
WASHINGTON, June 15 (Reuters) - U.S. Democratic presidential
candidate Hillary Clinton said, if elected, she would use
executive action to end a tax loophole for wealthy Americans,
according to an...
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candidate Hillary Clinton said, if elected, she would use
executive action to end a tax loophole for wealthy Americans,
according to an...
Read more
UPDATE 1-Exxon asks U.S. court to throw out subpoena in climate change inquiry
HOUSTON, June 15 (Reuters) - Exxon Mobil Corp asked
a federal court on Wednesday to throw out a subpoena that would
force the oil company to hand over decades of documents as part
of a wide-ranging...
Read more
a federal court on Wednesday to throw out a subpoena that would
force the oil company to hand over decades of documents as part
of a wide-ranging...
Read more
UPDATE 2-U.S. rekindles insider trading push, charges hedge fund's Valvani
NEW YORK, June 15 (Reuters) - A portfolio manager at hedge
fund Visium Asset Management LP was criminally charged on
Wednesday with insider trading, in one of the biggest such cases
since a 2014...
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fund Visium Asset Management LP was criminally charged on
Wednesday with insider trading, in one of the biggest such cases
since a 2014...
Read more
Vanguard CEO says Wall Street offering too many ETFs
CHICAGO, June 15 (Reuters) - Too many exchange-traded funds
are being offered without enough quality control and could harm
investors, fund manager Vanguard Group's chief executive said on
Wednesday.
Read more
are being offered without enough quality control and could harm
investors, fund manager Vanguard Group's chief executive said on
Wednesday.
Read more
Exxon asks U.S. court to throw out subpoena in climate change inquiry
HOUSTON, June 15 (Reuters) - Exxon Mobil Corp asked
a federal court on Wednesday to throw out a subpoena that would
force the oil company to hand over decades of documents as part
of a wide-ranging...
Read more
a federal court on Wednesday to throw out a subpoena that would
force the oil company to hand over decades of documents as part
of a wide-ranging...
Read more
Lawyer group urges Brazil to halt potential Kroton rival takeover
SAO PAULO, June 15 (Reuters) - A branch of Brazil's National
Bar Association filed on Wednesday a complaint against
for-profit education firm Kroton Educacional SA's proposed
takeover of smaller...
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Bar Association filed on Wednesday a complaint against
for-profit education firm Kroton Educacional SA's proposed
takeover of smaller...
Read more
BRIEF-SEC accuses Visium fund trader of insider trading, who allegedly got tips from an FDA employee - CNBC
* SEC accuses Visium fund trader of insider trading, who
allegedly got tips from an FDA employee - CNBC
(Bengaluru Newsroom: +1 646 223 8780)
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allegedly got tips from an FDA employee - CNBC
(Bengaluru Newsroom: +1 646 223 8780)
Read more
Hess oil storage facility in North Dakota leaks 32,000 gallons
June 15 (Reuters) - An oil storage facility in North Dakota
owned by Hess Corp leaked about 32,000 gallons on
Tuesday, though the crude has been recovered on site, state
regulators said.
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owned by Hess Corp leaked about 32,000 gallons on
Tuesday, though the crude has been recovered on site, state
regulators said.
Read more
UPDATE 1-Brazil spending cap to last up to 20 years -sources
BRASILIA, June 15 (Reuters) - Brazil interim President
Michel Temer will propose a time limit for a public spending cap
of up to 20 years, signaling a victory for economic hardliners
in his cabinet...
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Michel Temer will propose a time limit for a public spending cap
of up to 20 years, signaling a victory for economic hardliners
in his cabinet...
Read more
EU mergers and takeovers (June 15)
BRUSSELS, June 15 (Reuters) - The following are mergers
under review by the European Commission and a brief guide to the
EU merger process:
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under review by the European Commission and a brief guide to the
EU merger process:
Read more
BlackRock debuts U.S. ETF for China-listed stock after MSCI snub
June 15 (Reuters) - BlackRock Inc is introducing its
first U.S.-listed exchange-traded fund providing access to
mainland Chinese markets, the world's largest asset manager said
on Wednesday.
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first U.S.-listed exchange-traded fund providing access to
mainland Chinese markets, the world's largest asset manager said
on Wednesday.
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RPT-Subjective U.S. bank forecasts to figure in loan loss reserves
NEW YORK, June 15 (Reuters) - A U.S. accounting regulator
plans to release new rules on Thursday that will change how
banks set aside money for bad loans, raising fresh questions
about the role of...
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plans to release new rules on Thursday that will change how
banks set aside money for bad loans, raising fresh questions
about the role of...
Read more
BRIEF-Emergent Biosolutions Inc receives FDA orphan drug status for BioThrax
* Emergent BioSolutions Inc receives FDA orphan drug status
for BioThrax for post-exposure prophylaxis of anthrax disease
Read more
for BioThrax for post-exposure prophylaxis of anthrax disease
Read more
HK securities regulator fines State Street arm for tracker fund failures
HONG KONG, June 15 (Reuters) - The Hong Kong Securities and
Futures Commission (SFC) said on Wednesday it had reprimanded
and fined State Street Global Advisors Asia Ltd (SSGA) HK$4
million...
Read more
Futures Commission (SFC) said on Wednesday it had reprimanded
and fined State Street Global Advisors Asia Ltd (SSGA) HK$4
million...
Read more
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