Sunday, July 31, 2016

German authorities clear Opel diesel engines - report

FRANKFURT, July 31 (Reuters) - Germany's Federal Office for

Motor Vehicles has approved diesel engines of General Motors'

Opel unit, after initial doubts about whether the engine

control software...

Read more

UPDATE 1-UK and China regulators discuss framework for financial projects

* Plans for funds, equity link schemes progressing despite

Brexit

Read more

Saturday, July 30, 2016

UPDATE 1-Singapore c.bank examining Goldman on work related to 1MDB bond deals

* Goldman Sachs HK spokesman declines comment

(Adds more MAS comment, background)

Read more

Singapore c.bank says examining Goldman on work related to 1MDB bond deals

SINGAPORE, July 30 (Reuters) - Singapore's central bank said

on Saturday it is examining the extent of Goldman Sachs'

local unit's involvement in bond deals for Malaysian state

investor 1Malaysia...

Read more

UPDATE 1-U.S. authorities subpoena Goldman in 1MDB probe -WSJ

July 29 (Reuters) - U.S. authorities have issued subpoenas

to Goldman Sachs Group Inc for documents related to the

bank's dealings with scandal-hit Malaysian state fund 1MDB, the

Wall Street Journal...

Read more

Friday, July 29, 2016

U.S. authorities subpoena Goldman in 1MDB probe -WSJ

July 29 (Reuters) - U.S. authorities have issued subpoenas

to Goldman Sachs Group Inc for documents related to the

bank's dealings with scandal-hit Malaysian state fund 1MDB, the

Wall Street Journal...

Read more

UK and China regulators discuss framework for financial projects

* Plans for funds, equity link schemes progressing despite

Brexit

Read more

BRIEF-Adma Biologics receives CRL from FDA for pending biologics license application

* CRL did not cite any concerns with clinical safety and

efficacy data for ri-002 submitted by adma in bla

Read more

UPDATE 1-U.S. Judge denies Uber motion to compel arbitration in surge-pricing lawsuit

SAN FRANCISCO, July 29 (Reuters) - A federal judge on Friday

denied a motion by Uber Technologies Inc to compel

arbitration in a passenger lawsuit over so-called surge pricing

brought against the...

Read more

UPDATE 1-Bayer says will halt future U.S. sales of insecticide

CHICAGO, July 29 (Reuters) - The agricultural unit of German

chemicals company Bayer AG will halt future U.S.

sales of an insecticide that can be used on more than 200 crops

after losing a fight with...

Read more

UPDATE 2-Tesla mulling two theories to explain 'Autopilot' crash: source

WASHINGTON, July 29 (Reuters) - Tesla Motors Inc

told U.S. Senate Commerce Committee staff it is considering two

theories that may help explain what led to the May 7 fatal crash

that killed a...

Read more

Deutsche Bank scrapes through European banks stress test

FRANKFURT, July 30 (Reuters) - Deutsche Bank

showed a weaker reading in the European Union's banking stress

test than most of its peers, indicating that the lender still

has far to go in a revamp it...

Read more

REFILE-UPDATE 1-Italian, Irish, Spanish banks do worst in EU stress test

LONDON, July 29 (Reuters) - Banks from Italy, Ireland, Spain

and Austria fared worst in the latest European Union stress

test, which the region's banking watchdog said on Friday showed

there was...

Read more

UPDATE 1-Portugal's BCP says stress test results positive, posts loss

LISBON, July 29 (Reuters) - Portugal's largest listed bank,

Millennium bcp, said on Friday it obtained "clearly positive"

results in the latest stress test by the European Central Bank,

even as it...

Read more

UPDATE 1-EU banks stress test results by core equity capital

(Adds link to stress test website)

LONDON, July 28 (Reuters) - The European Banking Authority

published the results of its "stress test" of 51 banks on

Friday.

Lenders faced a theoretical...

Read more

Raiffeisen merger would raise RZB CET 1 ratio by 40 bps-FMA

VIENNA, July 29 (Reuters) - Austria's Raiffeisen

Zentralbank's core equity tier 1 (CET 1) ratio will be

raised by 0.4 percentage points through its planned merger with

Raiffeisen Bank International,...

Read more

Monte dei Paschi fares worst in EU banks stress test

LONDON, July 29 (Reuters) - Monte dei Paschi,

Raiffeisen, Banco Popular and two of Ireland's main

banks came out worst in a European Union stress test aimed at

cleaning up balance sheets to boost the...

Read more

BRIEF-Sinclair Settles says settles with FCC, to pay $9.5 mln

* Entered Into Consent Decree With FCC Resolving "Number Of

Previously Disclosed Matters That Have Been Pending At FCC"

Read more

UPDATE 1-Pennsylvania attorney general announces Hershey trust reform deal

HARRISBURG, Penn., July 29 (Reuters) - The Pennsylvania

Attorney General's office unveiled on Friday the terms of a

reform agreement with the charitable trust that controls Hershey

Co that includes a...

Read more

Tesla mulling two theories to explain 'Autopilot' crash: source

July 29 (Reuters) - Tesla Motors Inc told U.S.

Senate Commerce Committee staff it is considering two theories

that may explain what led to the May 7 fatal crash that killed a

Florida man who was...

Read more

Pennsylvania's top law officer announces Hershey trust reform deal

July 29 (Reuters) - The Pennsylvania Attorney General's

office unveiled on Friday the terms of a reform agreement with

the charitable trust that controls Hershey Co that

includes a 10-year term limit...

Read more

BRIEF-Alkermes says U.S. District Court issued unambiguous opinion in favor of co, U.S. FDA - SEC filing

* On July 28 U.S. District Court for District of Columbia

issued unambiguous opinion in favor of co and U.S. FDA - SEC

filing

Read more

UPDATE 1-Michigan prosecutor charges six in Flint water scandal

DETROIT, July 29 (Reuters) - Six Michigan state employees

were charged on Friday in connection with dangerous levels of

lead in the city of Flint's drinking water, prosecutors said.

Read more

UPDATE 1-U.S. banks dialed back risky loans early this year-regulators

WASHINGTON, July 29 (Reuters) - U.S. banks are weighed down

by loans to the struggling energy industry but underwriting

standards improved early this year, according to a report on

Friday from...

Read more

UK banks lining up to re-open AT1 market

NEW YORK, July 29 (IFR) - Several UK banks could reopen the

Additional Tier 1 capital market in the weeks ahead, as

yield-starved investors find more to like in the risky asset

class.

Read more

BRIEF-UK's CMA to review undertakings given BAE Systems 1999 deal

* To review undertakings given by British Aerospace Plc, now

BAE Systems Plc, arising from acquisition of General Electric Co

unit in Nov 1999

Read more

UPDATE 2-Trade groups urge U.S. court to reverse 'net neutrality' rules

WASHINGTON, July 29 (Reuters) - Several wireless, cable and

broadband trade associations on Friday urged the full U.S. Court

of Appeals for the District of Columbia to reverse a ruling

upholding the...

Read more

UPDATE 1-Mercedes pulls U.S. E-Class ad touting self-driving car

* Withdrawal comes in wake of consumer group complaints

(Adds statement from Mercedes-Benz)

Read more

Brazil's Bradesco sees defaults climbing further this year

SAO PAULO, July 29 (Reuters) - Loans in a arrears at Banco

Bradesco SA will probably climb to around 4.9 percent of

outstanding credit, executives said Friday, reflecting the

impact of a recession...

Read more

UPDATE 1-Enbridge profit misses, hurt by Fort McMurray wildfire

July 29 (Reuters) - Enbridge Inc , Canada's

largest pipeline company, reported a slightly

lower-than-expected profit as the company's liquids pipeline

business was hit by a massive wildfire in Fort...

Read more

BRIEF-SABMiller says China clears Anheuser-Busch InBev deal

* Anheuser-Busch InBev receives clearance from china's

ministry of commerce for proposed combination with sabmiller

Source text for Eikon:

Further company coverage:

Read more

UPDATE 1-Insurer Cigna's profit misses estimates as medical costs rise

July 29 (Reuters) - Health insurer Cigna Corp

reported a lower-than-expected quarterly profit on Friday due to

a rise in medical costs in its business that sells plans under

the Affordable Care Act...

Read more

RPT-Wholesale California gasoline prices plunge, consumers still pay up

HOUSTON, July 29 (Reuters) - Wholesale gasoline in

California became the cheapest in the country this week, but

that change has largely gone unseen at the pump, where consumers

are still paying the...

Read more

UPDATE 2-Romania arrests central bank deputy governor in graft investigation

* Romania holds rate-setting meeting on Aug. 4 without

Olteanu

(Adds detail, central bank, background)

Read more

Health insurer Cigna's revenue rises nearly 5 pct

July 29 (Reuters) - Health insurer Cigna Corp's

quarterly revenue rose nearly 5 percent as it added new members

to government-backed health plans.

Read more

RPT-INSIGHT-Turkey's investment grade hangs in balance as post-coup purges deepen

ISTANBUL, July 28 (Reuters) - A crackdown in Turkey after a

failed coup could further weaken its institutions and threaten

its investment grade status, investors fear, as dismissals and

detentions...

Read more

Thursday, July 28, 2016

Wholesale California gasoline prices plunge, consumers still pay up

HOUSTON, July 29 (Reuters) - Wholesale gasoline in

California became the cheapest in the country this week, but

that change has largely gone unseen at the pump, where consumers

are still paying the...

Read more

Japan's MUFG agrees to buy Guggenheim's fund administration business

TOKYO, July 29 (Reuters) - Mitsubishi UFJ Financial Group

(MUFG) has agreed to buy a fund administration business

from Chicago-based investment and advisory firm Guggenheim

Partners, extending a...

Read more

PRESS DIGEST- British Business - July 29

July 29 (Reuters) - The following are the top stories on the

business pages of British newspapers. Reuters has not verified

these stories and does not vouch for their accuracy.

Read more

UPDATE 2-America Movil profit almost halves on Mexico mobile competition

MEXICO CITY, July 28 (Reuters) - Mexican telecoms company

America Movil on Thursday reported a 45 percent drop in

second-quarter profit compared with the year earlier period,

missing expectations as...

Read more

BRIEF-Smart Technologies announces court approves plan of arrangement

* Court of queen's bench of alberta has granted final order

approving proposed arrangement involving foxconn technology

group

Read more

China sends officials to seven regions to probe investment slowdown

SHANGHAI, July 29 (Reuters) - China has sent teams of

officials to seven regions to investigate a rapid slowdown in

private investment, the country's cabinet said late on Thursday.

Read more

UPDATE 1-FDA takes steps to protect blood supply in Florida amid Zika probe

CHICAGO, July 28 (Reuters) - The U.S. Food and Drug

Administration has ordered blood banks in Florida's two most

densely populated counties to stop collecting blood as health

officials determine...

Read more

Round Two against tax dodgers for Indonesia's new finance chief

* Indrawati says to boost country's credibility,

transparency

Read more

Monte dei Paschi says considering letters from by Passera, UBS

MILAN, July 28 (Reuters) - Italy's Monte dei Paschi di Siena

said on Thursday it had received two letters from

former Italian industry minister Corrado Passera and Swiss bank

UBS, amid reports that...

Read more

Bezos passes Buffett, becomes third-richest person -Forbes

July 28 (Reuters) - Jeff Bezos, the founder and chief

executive of Amazon.com Inc, has become the world's

third-richest person as of the market close for the first time,

Forbes magazine said, passing...

Read more

UPDATE 1-U.S. probes contracts between Eli Lilly and PBMs

July 28 (Reuters) - Eli Lilly and Co said it

received a civil investigative demand from the U.S. attorney's

office for the southern district of New York, requesting

documents and information relating...

Read more

UPDATE 1-U.S. consumer agency seeks to overhaul debt collection industry

WASHINGTON, July 28 (Reuters) - The U.S. watchdog for

consumer finances unveiled on Thursday a proposal to toughen

regulation of the multibillion-dollar debt collection industry,

with a focus on...

Read more

LPC: Firms refinance CLO step-up tranches to avoid interest rate increase

NEW YORK, July 28 (Reuters) - At least seven Collateralized

Loan Obligation (CLO) managers have refinanced funds so far this

year to cut spreads on Triple A tranches with coupons that can

step up to...

Read more

INSIGHT-Turkey's investment grade hangs in balance as post-coup purges deepen

ISTANBUL, July 28 (Reuters) - A crackdown in Turkey after a

failed coup could further weaken its institutions and threaten

its investment grade status, investors fear, as dismissals and

detentions...

Read more

Brazil to sell oil rights near areas Petrobras seeks to sell -ANP

RIO DE JANEIRO, July 28 (Reuters) - Brazil plans to sell

rights to new oil exploration and production areas at an auction

in 2017 adjacent to existing blocks where state-led Petroleo

Brasileiro SA...

Read more

BRIEF-AIG UK announces new D&O coverage for residency and repatriation costs associated with Brexit

* Announces new D&O coverage for residency and repatriation

costs associated with Brexit

Read more

BRIEF-Brookfield Infrastructure -Announcement regarding Asciano transaction

* Says Supreme Court of New South Wales has made orders

approving proposed scheme of arrangement

Read more

Mercedes rejects claims about 'misleading' self-driving car ads

FRANKFURT, July 28 (Reuters) - Mercedes-Benz has defended an

advertising campaign for its new E-Class against allegations

that consumers were being misled about the car's self-driving

capabilities,...

Read more

Brazil prosecutors sue to block license for ThyssenKrupp mill

RIO DE JANEIRO, July 28 (Reuters) - Regional prosecutors in

Brazil's Rio de Janeiro state filed a lawsuit on Thursday to

block the granting of an operating license to Thyssenkrupp AG's

CSA plant...

Read more

UPDATE 1-TransCanada profit beats; says asset sale plan on track

July 28 (Reuters) - TransCanada Corp, Canada's

second-largest pipeline company, reported a slightly

higher-than-expected quarterly profit, and said the process of

seeking buyers for a sale of some...

Read more

UPDATE 2-Brazil's Bradesco points to hard year as provision outlook worsens

SAO PAULO, July 28 (Reuters) - Banco Bradesco SA

will boost loan-loss provisions more than previously forecast

this year, a sign Brazil's harshest recession in eight decades

and a deluge of...

Read more

UPDATE 1-Baker Hughes posts bigger-than-expected loss due to weak drilling activity

July 28 (Reuters) - Baker Hughes Inc reported a

bigger-than-expected quarterly loss, hurt by lower drilling

activity and pricing, and the oilfield services provider said it

did not expect North...

Read more

BRIEF-Caladrius Biosciences receives FDA fast track designation

* Caladrius Biosciences receives FDA fast track designation

for CLBS03 to treat recent onset type 1 diabetes

Read more

BRIEF-Evolent health files for common stock offering

* Evolent Health Inc Files For Common Stock Offering Of Up

To 44.0 Mln Shares Of Class A Common Stock - Sec Filing

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom...

Read more

Baker Hughes posts bigger loss due to impairment charges

July 28 (Reuters) - Oilfield services provider Baker Hughes

Inc reported a bigger quarterly loss, hurt by impairment

and restructuring charges related to writedown of assets, job

cuts and contract...

Read more

Uber China welcomes new regulations on ride-sharing

BEIJING, July 28 (Reuters) - The Chinese arm of Uber

Technologies Inc said on Thursday it welcomes newly

published government guidelines on ride-sharing services and

sees the rules as an endorsement...

Read more

China requires ride hailing services to sign labour contract with drivers

BEIJING, July 28 (Reuters) - New regulations require China's

online ride-hailing services to sign labour contracts with

drivers, the vice minister of transport, Liu Xiaoming, told a

news conference...

Read more

PRESS DIGEST- New York Times business news - July 28

July 28 (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

China issues regulations for online ride-hailing services

BEIJING, July 28 (Reuters) - China has issued the final

version of a policy to regulate booming online-ride hailing

services, according to a document made public on Thursday, for a

sector in which...

Read more

Technip upgrades 2016 target, costs savings ahead of schedule

PARIS, July 28 (Reuters) - French oil services company

Technip said on Thursday plans to cut spending due to

the fall in oil prices was ahead of schedule as it reported a

better-than-expected second...

Read more

RPT-Sudden rush to emerging debt funds highlights scarcity of bonds

LONDON, July 27 (Reuters) - Emerging market debt funds are

enjoying a bumper inflow for the first time in three years, but

portfolio managers are struggling to invest the bonanza as new

bond sales...

Read more

Wednesday, July 27, 2016

U.S. consumer agency seeks to overhaul debt collection industry

WASHINGTON, July 28 (Reuters) - The U.S. watchdog for

consumer finances unveiled on Thursday a major proposal to

toughen regulation of the multibillion-dollar debt collection

industry, with a focus...

Read more

Asciano $6.8 bln buyout clears final hurdle with Australian court approval

SYDNEY, July 28 (Reuters) - A A$9.1 billion ($6.8 billion)

buyout of Australian port and rail freight giant Asciano Ltd

by global investors was approved by a court on

Thursday, clearing the final...

Read more

BRIEF-Cemex and Kosmos Cement Company have voluntarily entered into a settlemt with the EPA

* Cemex and its affiliate, Kosmos Cement Company, have

voluntarily entered into a settlemt with the EPA

Read more

BRIEF-Hutchinson Technology says U.S. DOJ has opened an investigation relating to sale of suspension assemblies

* Says received a letter on july 26, 2016 from antitrust

division of U.S. Department of justice

Read more

Brazil prosecutor freezes $11.7 mln of Facebook funds due to WhatsApp case

SAO PAULO, July 27 (Reuters) - The public federal prosecutor

in the Brazilian state of Amazonas said on Wednesday the court

there froze 38 million reais ($11.7 million) of funds held in

Facebook...

Read more

UPDATE 1-Wall St banker merely discussed work with inside trader dad -lawyer

NEW YORK, July 27 (Reuters) - The defense lawyer for a

former Wall Street investment banker charged with giving his

father inside information insisted on Wednesday that his client

had no intention of...

Read more

BRIEF-Alere says is fully cooperating with U.S. DOJ investigation

* Received a U.S. Department Of Justice subpoena addressed

to alere toxicology services, inc. on July 1, 2016

Read more

BRIEF-Brooks Automation Inc files for potential mixed shelf size

* Brooks Automation Inc files for potential mixed shelf;

size not disclosed - SEC filing

Source text for Eikon:

Further company coverage:

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

Read more

BRIEF-Regulus says working to resolve issues outlined in letter from US FDA about clinical hold

* Received written communication from u.s. FDA outlining

information required to resolve clinical hold for its IND for

RG-101

Read more

BRIEF-Alere gotten subpoena from U.S. DoJ criminal-fraud unit - CNBC, citing DJ

* Alere shares plummet after Dow Jones reports it has gotten

subpoena from U.S. DoJ criminal-fraud unit - CNBC

Further company coverage:

(Bengaluru Newsroom: +1 646 223 8780)

Read more

UPDATE 1-Teva purchase of Allergan generics business gets OK with conditions

WASHINGTON, July 27 (Reuters) - Teva Pharmaceutical

Industries Ltd won U.S. antitrust approval to purchase

Allergan Plc's generics business, after agreeing to

divest more than 75 generic drugs to...

Read more

BRIEF-Teva gets U.S. FTC clearance for Actavis Generics deal

* Teva receives clearance from the U.S. Federal Trade

Commission for Actavis Generics acquisition

Read more

Teva purchase of Allergan generics business approved with conditions

WASHINGTON, July 27 (Reuters) - Teva Pharmaceutical

Industries Ltd won U.S. antitrust approval to purchase

Allergan Plc's generics business, after agreeing to

divest more than 75 generic drugs to...

Read more

Mexico announces bid terms for first deep water oil joint venture

MEXICO CITY, July 27 (Reuters) - Mexico's oil regulator on

Wednesday announced bid terms for a first-ever joint venture

between state-owned oil company Pemex and would-be private

partners to develop...

Read more

Sudden rush to emerging debt funds highlights scarcity of bonds

LONDON, July 27 (Reuters) - Emerging market debt funds are

enjoying a bumper inflow for the first time in three years, but

portfolio managers are struggling to invest the bonanza as new

bond sales...

Read more

BRIEF-SABmiller said to order halt to integration work with AB InBev - CNBC, citing a report

* SABmiller said to order halt to integration work with AB

Inbev - CNBC, citing a report

Further company coverage: [SAB.L ABI.BR]

(Bengaluru Newsroom: +1 646 223 8780)

Read more

BRIEF-SABMiller said to order halt to AB InBev integration work - BBG, citing sources

* SABMiller Plc management has asked employees to stop work

on integrating operations with that of Anheuser-Busch InBev-

Bloomberg, citing sources

Source text - http://bloom.bg/2axANbS

Read more

BRIEF-Om Asset Management files for potential notes offering size not disclosed

* Om Asset Management Plc files for potential notes offering

size not disclosed - Sec filing

Source text : http://bit.ly/2avtnJw

Further company coverage:

(Bengaluru Newsroom; +1 646 223 8780)

Read more

UPDATE 3-Anthem vows to fight for Cigna deal; profit beats estimates

July 27 (Reuters) - Health insurer Anthem Inc on

Wednesday said it was committed to its planned acquisition of

Cigna Corp and again vowed to fight U.S. government

efforts to block the deal, saying...

Read more

UPDATE 2-Lumber Liquidators sales fall for fifth straight quarter

* Shares fall 8.7 pct

(Adds conference call details; updates shares)

Read more

Daimler says battery advances make electric trucks viable

FRANKFURT, July 27 (Reuters) - Daimler has

unveiled an electric truck capable of transporting up to 25

tonnes, putting zero-emission vehicles on a par with

conventional-engine variants in terms of...

Read more

BRIEF-Tac Capital reports 7.9 pct passive stake in Bravo Brio Restaurant Group

* Tac Capital LLC reports 7.9 percent passive stake in Bravo

Brio Restaurant Group Inc as of July 20 - SEC filing

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom:...

Read more

BRIEF-Verizon Communications files for floating rate notes offering

* Files for floating rate notes offering; size not disclosed

- Sec filing

Source text for Eikon:

Further company coverage:

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

Read more

BRIEF-Tactile Systems Technology sees IPO of 4.0 million shares

* Anticipate that the IPO price will be $10.00 per share

Source text - http://reut.rs/1oUTX8C

Further company coverage:

Read more

EU executive proposes to cancel excessive deficit fines for Spain, Portugal

BRUSSELS, July 27 (Reuters) - The European Commission

proposed on Wednesday to cancel fines for Spain and Portugal

over their failure to cut their deficits to within EU limits and

gave Madrid two...

Read more

BRIEF-Pluristem advances towards late-stage trial of PLX-PAD for recovery post hip surgery

* Pluristem advances towards multinational phase III trial

of PLX-PAD to improve recovery following surgery for hip

fracture

Read more

TauRx Alzheimer's drug fails in large study; some benefit seen

CHICAGO, July 27 (Reuters) - TauRx Pharmaceuticals'

experimental Alzheimer's drug LMTX failed to improve cognitive

and functional skills in patients with mild to moderate

Alzheimer's disease, a...

Read more

UPDATE 2-Santander's Brazilian bounce offsets profit hit from one-offs, Brexit

* Shares up 2.4 percent by 0822 GMT

(Adds share reaction, analyst note, details)

Read more

Hardwood flooring maker Lumber Liquidators sales fall

July 27 (Reuters) - Lumber Liquidators Holdings Inc's

quarterly sales fell for the fifth straight quarter as the

company struggles to convince customers its hardwood flooring is

safe amid fears that...

Read more

UPDATE 3-GlaxoSmithKline invests $360 mln in UK despite Brexit vote

* UK accounts for nearly half GSK R&D, third manufacturing

(Adds proportion of GSK manufacturing and R&D carried out in

UK)

Read more

Airbus CEO says on track to meet 2016 order target

PARIS, July 27 (Reuters) - Airbus Group is on "good track"

to meet its target of selling at least as many jetliners as it

delivers this year, after this month's Farnborough Airshow

accelerated what...

Read more

Australia foreign investment watchdog OKs $6.8 bln Asciano takeover

SYDNEY, July 27 (Reuters) - Australia's foreign investment

watchdog cleared the A$9.1 billion ($6.8 billion) buyout of port

and rail freight giant Asciano Ltd, the company said on

Wednesday, paving...

Read more

Tuesday, July 26, 2016

Australia's major banks team up to challenge Apple on mobile payments apps

SYDNEY, July 27 (Reuters) - Australia's three biggest banks,

including no. 1 lender National Australia Bank (NAB),

on Wednesday said they had lodged a joint application with

anti-trust regulators...

Read more

PRESS DIGEST - Wall Street Journal - July 27

July 27 (Reuters) - The following are the top stories in the

Wall Street Journal. Reuters has not verified these stories and

does not vouch for their accuracy.

Read more

UPDATE 3-Tesla's Musk sees 'modest' capital raise for next strategic turn

SPARKS, Nevada, July 26 (Reuters) - Tesla Motors Inc's

next strategic turn could cost the electric car maker

"tens of billions" of dollars over the long term, but will

likely require only a "modest"...

Read more

UPDATE 3-Fiat Chrysler revamps U.S. sales reporting amid federal probes

July 26 (Reuters) - Fiat Chrysler Automobiles

said on Tuesday it had revised more than five years of

monthly U.S. vehicle sales figures to reflect a new reporting

method, amid an investigation by...

Read more

State Street to pay $530 mln to resolve forex fraud claims

July 26 (Reuters) - Custody bank State Street Corp

said it has agreed to resolve all pending litigation and

regulatory matters in the United States related to its indirect

foreign exchange business.

Read more

LG Display says to invest $1.75 bln to boost OLED display production

SEOUL, July 27 (Reuters) - South Korea's LG Display Co Ltd

said on Wednesday it will invest 1.99 trillion won

($1.75 billion) to build a new small- to medium-sized organic

light-emitting diode...

Read more

BRIEF-State Street announces foreign exchange settlement

* Says previously established reserve will be sufficient to

cover all costs associated with these agreements

Read more

UPDATE 1-State prosecutors reject U.S. lawmakers' subpoena on Exxon probe

WASHINGTON, July 26 (Reuters) - The top state prosecutors in

New York and Massachusetts said on Tuesday they will refuse to

comply with a subpoena from U.S. congressmen for details on

their...

Read more

UPDATE 1-Energisa to price Brazil stock offer near ceiling - sources

SAO PAULO, July 26 (Reuters) - Energisa SA will likely price

an offering of new stock near the upper end of a suggested range

on Tuesday, said three people involved in the deal, signalling a

stronger...

Read more

Valero says biofuels blending costs could double in 2016

NEW YORK, July 26 (Reuters) - Valero Energy Corp,

the largest U.S. refiner, expects to get hit with a

half-billion-dollar bill in the second half of the year thanks

to the rising cost of meeting...

Read more

EU readies contingency plan for possible Monte Paschi wind down - source

BRUSSELS, July 26 (Reuters) - European Union authorities are

making contingency plans for the possible winding down of Banca

Monte dei Paschi if the Italian lender has a poor reading in

stress tests...

Read more

Brazil's Energisa offering seen pricing at 18.50 reais -sources

SAO PAULO, July 26 (Reuters) - Energisa SA, Brazil's

sixth-largest power distributor, is expected on Tuesday to price

an offering of units at 18.50 reais each, closer to the upper

end of a suggested...

Read more

FTC taking comment on divestiture linked to Air Liquide, Airgas merger

WASHINGTON, July 26 (Reuters) - The U.S. Federal Trade

Commission said on Tuesday it is accepting public comments on an

application for sale of assets it required for approving a

merger of industrial...

Read more

UPDATE 1-U.S. report says Tesla driver speeding in fatal Autopilot crash

WASHINGTON, July 26 (Reuters) - A driver killed in the May 7

crash of a Tesla Motors Inc car while using Autopilot

driving-assist software was speeding, U.S. highway safety

investigators said on...

Read more

BRIEF-Mark Klein cuts stake in National Holdings to 6 pct from 7 pct

* Mark Klein reports 6.0 percent stake in National Holdings

Corp as of July 22 versus 7.0 percent stake as of June 3 - Sec

filing

Source text : http://bit.ly/2acusTL

Further company coverage:

...

Read more

UPDATE 2-U.S. judge grants preliminary approval for VW diesel emissions settlement

WASHINGTON, July 26 (Reuters) - A federal judge on Tuesday

granted preliminary approval for a $10 billion settlement in

which Volkswagen AG will offer to buy back up to

475,000 polluting 2.0 liter...

Read more

UPDATE 2-Canada watchdog tells banks to test resilience to sharp home price falls

* Banks had previously tested against 30 percent declines

(Adds context of previous test required by OSFI, background)

Read more

CORRECTED-Europe's first regulated asset-backed bitcoin product launches in Gibraltar

LONDON, July 25 (Reuters) - Europe's first regulated

asset-backed bitcoin product - an exchange-traded instrument

that will invest exclusively in the digital currency - begins

trading this week on...

Read more

Canada watchdog tells banks to test resilience to sharp home price falls

TORONTO, July 26 (Reuters) - Canada's banking regulator said

on Tuesday it will require the country's banks to test how they

would withstand a 50 percent cut in property prices in Vancouver

and a 40...

Read more

VW plans to offer new fix proposal for 3.0 liter vehicles: Justice Department

WASHINGTON, July 26 (Reuters) - Volkswagen AG

plans to offer a new proposal to fix 85,000 polluting 3.0 liter

vehicles after regulators rejected an earlier plan, a Justice

Department lawyer said...

Read more

BRIEF-Inovio Pharmaceuticals doses first subject in Zika vaccine clinical trial

* Inovio Pharmaceuticals doses first subject in Zika vaccine

clinical trial

Read more

EU may fine Spain, Portugal for deficits, give more time to cut them

BRUSSELS, July 26 (Reuters) - The European Commission is

likely to propose on Wednesday to fine Spain and Portugal for

not effectively cutting their budget deficits and to give them

new, longer...

Read more

BRIEF-Evoke Pharma provides update on proposed name for lead drug

* Receives conditional FDA acceptance of proposed brand name

for Evk-001

Read more

BRIEF-Navient files for potential senior notes offering; size not disclosed

* Navient Corp files for potential senior notes offering;

size not disclosed - SEC filing

Source text - http://bit.ly/2ankO0l

Further company coverage:

Read more

Brazil president vetoes provision boosting foreign airline ownership

RIO DE JANEIRO, July 26 (Reuters) - Brazilian interim

President Michel Temer vetoed a provision of a bill allowing

foreign investors to own up to 100 percent of Brazilian-flag

airlines, according to...

Read more

EU mergers and takeovers (July 26)

BRUSSELS, July 26 (Reuters) - The following are mergers

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

EU merger process:

Read more

Dow, DuPont seek EU okay for $130 bln deal with concessions

BRUSSELS, July 26 - U.S. chemical giants Dow Chemical Co

and DuPont have offered concessions in a bid to

allay EU antitrust concerns about their proposed $130 billion

merger.

Read more

UPDATE 1-EU accepts Paramount's concessions over movie licensing

BRUSSELS, July 26 (Reuters) - EU antitrust regulators on

Tuesday accepted Paramount Pictures' concessions to end

anti-competitive movie-licensing deals with British pay-TV group

Sky UK, but said the...

Read more

UPDATE 2-Chinese miners call for anti-dumping probe into iron ore imports

SHANGHAI, July 26 (Reuters) - Chinese iron ore miners have

called for an anti-dumping investigation into imports of the

steelmaking raw material from top suppliers Australia and

Brazil.

Read more

BRIEF-Continental Gold granted environmental license for mine

* Granted environmental license to connect Buritica Project

to electrical power grid

Source text for Eikon:

Further company coverage:

Read more

Record bankruptcies pressure Brazil banks as recession bites

By Guillermo Parra-Bernal

SAO PAULO, July 26 (Reuters) - Brazil's harshest recession

in eight decades is prompting some of the nation's top banks to

reclassify some 90 billion reais ($27 billion)...

Read more

New RBI chief unlikely before Aug meeting, Basu in frame - sources

NEW DELHI, July 26 (Reuters) - The Indian government has

scaled back the urgency of its search for a new central bank

governor, sources said, with a replacement to Raghuram Rajan now

likely to be...

Read more

UPDATE 1-Ladbrokes, Coral must sell stores to get merger cleared - UK regulator

LONDON, July 25 (Reuters) - Bookmakers Ladbrokes and

Gala Coral must sell around 350 to 400 shops in order to obtain

clearance for their proposed merger, Britain's competition

regulator said on...

Read more

BRIEF-SABMiller says to continue review revised AB InBev offer

* Notes announcement by AB InBev that it has made a revised

and final offer for entire issued and to be issued share capital

of SABMiller

Read more

UPDATE 1-China internet regulator fines websites over reporting -media

SHANGHAI, July 26 (Reuters) - China's internet regulator has

fined several websites for violating internet publication rules

and ordered them to "rectify" pages that ran news stories based

on their...

Read more

Ofcom orders BT to run Openreach as separate company

LONDON, July 26 (Reuters) - British regulator Ofcom on

Tuesday said BT's network division should become a

legally separate company within the telecoms group, to boost

broadband coverage and avoid the...

Read more

Monday, July 25, 2016

PRESS DIGEST- British Business - July 26

July 26 (Reuters) - The following are the top stories on the

business pages of British newspapers. Reuters has not verified

these stories and does not vouch for their accuracy.

Read more

Amazon gets permission from UK to explore drone deliveries

July 25 (Reuters) - Amazon.com Inc said on Monday

it has entered into a partnership with the British government to

speed up the process for allowing small drones to makes

deliveries.

Read more

UPDATE 1-U.S. Fed prepares action against Goldman over NY Fed leak -NYT

NEW YORK, July 25 (Reuters) - The U.S. Federal Reserve is

preparing an enforcement action against Goldman Sachs Group Inc

related to a leak of confidential government information

to one of its...

Read more

BRIEF-Goldman Sachs says notified appropriate regulators on NY Fed leak

* "employee and a more senior employee who failed to

escalate the issue, were terminated "

Read more

MOVES-Former Deutsche M&A head Ratigan to join healthcare boutique Leerink



Read more

UPDATE 1-Suncor diluent pipeline remains shut after leak -regulator

CALGARY, Alberta, July 25 (Reuters) - A pipeline at Suncor

Energy's oil sands base plant remained offline on

Monday, the Alberta Energy Regulator said, following a leak last

week that spilt around...

Read more

Celgene drug fails to extend survival in lymphoma study

July 25 (Reuters) - Celgene Corp said on Monday

that its flagship drug Revlimid failed to extend survival as a

maintenance therapy for a type of blood cancer after patients

had responded to prior...

Read more

Suncor diluent pipeline remains shut after leak -regulator

CALGARY, Alberta, July 25 (Reuters) - A pipeline at Suncor

Energy's oil sands base plant remained offline on

Monday, the Alberta Energy Regulator said, following a leak last

week that spilt around...

Read more

Zenefits fined $62,500 by Tenn. regulators in first settlement on licensing

SAN FRANCISCO, July 25 (Reuters) - Software startup Zenefits

must pay the state of Tennessee $62,500 for violating insurance

requirements, state officials said on Monday, marking the first

settlement...

Read more

U.S. financial stability faces threat from Brexit - U.S. monitor

WASHINGTON, July 25 (Reuters) - The U.S. financial system

faces greater potential instability due to Britain's decision to

leave the European Union while low and negative interest rates

also raise...

Read more

BRIEF-Encana Corp files for mixed shelf of up to $6 bln

* Intends use net proceeds from sale of securities to

finance capital expenditures, to reduce outstanding indebtedness

Source text : http://bit.ly/29ZYyqD]

Further company coverage:

(Bengaluru...

Read more

U.S., Mexico air transport accord enters in force, seen boosting travel

WASHINGTON, July 25 (Reuters) - The United States and Mexico

agreed to put into force a new air transportation agreement that

is expected to boost travel and clear the way for any city to

have direct...

Read more

UPDATE 2-EPA clears path to regulate carbon emissions from U.S. aircraft

WASHINGTON, July 25 (Reuters) - The U.S. Environmental

Protection Agency on Monday finalized its determination that

greenhouse gases from airplanes endanger public health, a

decision that requires...

Read more

UPDATE 1-LATAM Airlines to pay $22 mln over Argentine bribes case

WASHINGTON/SANTIAGO, July 25 (Reuters) - LATAM Airlines

Group SA , Latin America's largest airline, has

agreed to pay more than $22 million in civil and criminal fines

relating to a decade-old...

Read more

BRIEF-Allergan receives positive opinion for its treatment for IBS-D in adults

* Allergan receives positive opinion for Truberzi

(eluxadoline) for treatment of irritable bowel syndrome with

diarrhoea (IBS-D) in adults

Read more

BRIEF-Epirus Biopharmaceuticals entered settlement satisfaction amendment with Livzon Mabpharm

* On July 15, co entered into a settlement satisfaction

amendment with Livzon Mabpharm Inc - SEC filing

Read more

BRIEF-Citizens Financial files for senior notes due 2021 of up to $350 mln

* Files for senior notes due 2021 of up to $350.0

million-SEC filing

Read more

BRIEF-Capital One files for potential subordinated notes

* Capital One Financial Corp files for potential

subordinated notes for undisclosed sum - SEC filing

Source: (http://bit.ly/2aFx3Eo)

Further company coverage:

Read more

BRIEF-Syneron Medical Ltd says PicoWay Picosecond laser receives U.S. FDA clearance for ultra-short 785nm wavelength

* Syneron Candela's Picoway Picosecond laser receives U.S.

FDA clearance for ultra-short 785nm wavelength

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1 646 223 8780)

Read more

BRIEF-Hudson Technologies comments on U.S. ITC's vote on antidumping petition related to HFC's from China

* Hudson Technologies comments on U.S. International Trade

Commission vote on antidumping petition related to HFC's from

China

Read more

BRIEF-Home Group to price IPO shares between $14-$16/share

* Sees IPO Of 8.7 million shares of common stock to be

priced between $14.00 and $16.00 per share-SEC filing

Read more

BRIEF-Ocular Therapeutix gets complete response letter for dextenza NDA

* Ocular Therapeutix receives complete response letter from

FDA for its NDA for dextenza for treatment of post-surgical

ocular pain

Read more

RPT-DEALTALK-U.S. government's bid to block insurance mergers could spawn new ones

July 22 (Reuters) - The potential bust-up of two mega deals

among America's largest health insurance companies may have an

unintended result - more mergers.

Read more

UK PM May concerned by lawmakers' damning report on BHS

LONDON, July 25 (Reuters) - A damning report by British

lawmakers on the role of retail tycoon Philip Green in the

demise of department store chain BHS is "clearly concerning", a

spokeswoman for...

Read more

BRIEF-RiceBran Technology files for sale of up to 2.7 mln shares

* RiceBran Technologies files for sale of up to 2.7 mln

shares of co's common stock by the selling stockholders- SEC

filing

Read more

China internet regulator fines websites over reporting

SHANGHAI, July 25 (Reuters) - China's internet regulator has

fined several websites for violating internet publication rules

and ordered them to "rectify" pages that ran news stories based

on their...

Read more

BRIEF-Pharmaengine sayss Onivyde(r) regimen receives CHMP positive opinion

* Pharmaengine announces Onivyde(r) regimen receives CHMP

positive opinion for the treatment of metastatic pancreatic

cancer

Read more

Indonesian tax amnesty could spark outflow from Singapore wealth industry

SINGAPORE, July 25 (Reuters) - Singapore's wealth management

industry is likely to suffer a bad dent as rich Indonesians move

some money back home to take advantage of a tax amnesty, but the

exodus...

Read more

Vanke battle peers into shadows of China banks' risky lending

* Baoneng used $3.9 bln of shadow loan products for Vanke

stake

Read more

BT willing to give greater autonomy to Openreach unit-chairman

LONDON, July 25 (Reuters) - BT is willing to give

more autonomy to its Openreach network division, creating an

independent board with a greater say over investment, its

chairman said on Monday ahead...

Read more

Sunday, July 24, 2016

BRIEF-Eastern Platinum continues to investigate transactions undertaken and disclosed by prior management

* Previous Management of disclosed that it reached agreement

with certain holders of minority interests in all of Eastplats'

projects

Read more

Ex-Wall Street banker accused of insider tips to father faces trial

NEW YORK, July 24 (Reuters) - Federal prosecutors in

Manhattan are set to face off with a former Wall Street

investment banker in their first insider trading trial since a

U.S. appeals court...

Read more

Friday, July 22, 2016

DEALTALK-U.S. government's bid to block insurance mergers could spawn new ones

July 22 (Reuters) - The potential bust-up of two mega deals

among America's largest health insurance companies may have an

unintended result - more mergers.

Read more

UPDATE 1-Hershey Trust nears settlement to reform its governance -sources

July 22 (Reuters) - The board of the charitable trust that

controls Hershey Co is nearing a resolution with the

Pennsylvania Attorney General's office that would avoid a legal

row in exchange for...

Read more

REFILE-Hershey Trust nears governance settlement with Pennsylvania AG-sources

July 22 (Reuters) - The board of the charitable trust that

controls Hershey Co is nearing a resolution with the

Pennsylvania Attorney General's office that would avoid a legal

row in exchange for...

Read more

UPDATE 1-SEC speeds up listing process for some ETFs

July 22 (Reuters) - The U.S. Securities and Exchange

Commission on Friday approved listing standards for some

exchange-traded funds, paving the way for issuers to bring funds

to the market in weeks...

Read more

BRIEF-Hershey Trust to reach settlement with Pennsylvania's attorney general to resolve probe, would lead to director resignations- CNBC, citing DJ

* Hershey trust to reach settlement with Pennsylvania's

attorney general to resolve probe, would lead to director

resignations -CNBC, citing DJ

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

Read more

UPDATE 3-JPMorgan to stop settling government securities for dealers

NEW YORK, July 22 (Reuters) - JPMorgan Chase & Co

will stop settling U.S. government securities transactions for

most dealers by the end of next year as it streamlines its

business, the bank said on...

Read more

BRIEF-VBI Vaccines files for mixed shelf of upto $150 mln

* VBI Vaccines Inc files for mixed shelf of upto $150

million - SEC filing

Source text for Eikon:

Further company coverage:

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

Read more

UPDATE 1-Fiat Chrysler recalling 410,000 vehicles

WASHINGTON, July 22 (Reuters) - Fiat Chrysler Automobiles NV

said on Friday it is recalling nearly 410,000 vehicles

worldwide because of a defect that can lead to a loss of

propulsion.

Read more

Fiat Chrysler recalling 410,000 vehicles

WASHINGTON, July 22 (Reuters) - Fiat Chrysler Automobiles NV

said on Friday it is recalling nearly 410,000 vehicles

worldwide because of a defect that can lead to a loss of

propulsion.

Read more

BRIEF-Ironshore files for IPO of upto $100 mln

* Proposed ipo price is an estimate solely for purpose of

calculating sec registration fee

Read more

EU watchdog flags faulty generic drug data, backs sales halt

July 22 (Reuters) - The European Medicines Agency (EMA)

recommended suspending sales of some generic drugs after a

review found that data collected by a contract research company

in India for their...

Read more

JPMorgan to exit government securities settlement business

NEW YORK, July 22 (Reuters) - JPMorgan Chase & Co.

plans to end services on settling government securities after a

review of its businesses, a bank spokesperson said on Friday.

Read more

JPMorgan to stop settling gov't securities for dealers -Bloomberg

NEW YORK, July 22 (Reuters) - JPMorgan Chase & Co

plans to exit its business of settling government securities for

most dealers, including some trades in a part of the key

repurchase-agreement...

Read more

Ex-New York City jail guard union boss pleads not guilty to bribery

NEW YORK, July 22 (Reuters) - The former union leader for

New York City's prison guards and a hedge fund financier pleaded

not guilty on Friday to engaging in a bribery scheme in a case

linked to a...

Read more

CANADA STOCKS-Futures indicate higher open after economic data

July 22 (Reuters) - Canada's main stock index futures

pointed to a higher start on Friday after retail sales data

exceeded estimates.

Read more

UPDATE 1-EU approves Monsanto, Bayer genetically modified soybeans

BRUSSELS, July 22 (Reuters) - The European Commission on

Friday approved imports of two types of Monsanto's

genetically modified soybeans and one sold by Germany's Bayer

CropScience for use as a...

Read more

Tullett, ICAP deal wins U.S. approval

July 22 (Reuters) - Interdealer broker Tullett Prebon Plc

said its proposed $1.5 billion acquisition of rival

ICAP Plc's hybrid voice broking business was cleared by

the United States.

Read more

BRIEF-EU Medicines Agency recommends approval of two new cancer drugs

* Recommends approval of Exelixis Inc'S

cabozantinib to treat advanced renal cell carcinoma

Read more

CANADA STOCKS-Futures rise ahead of data on inflation, retail sales

July 22 (Reuters) - Canada's main stock index futures

pointed to a higher start on Friday ahead of the release of data

on inflation and retail sales.

Read more

BRIEF-Cellect Biotechnology sees IPO of 1.4 mln ADSs

* Cellect Biotechnology Ltd sees IPO of 1,388,889 American

Depositary Shares, or ADSs, and warrants to purchase 694,444

ADSs, or warrants

Read more

New gas pipelines would make U.S. miss climate target -report

WASHINGTON, July 22 (Reuters) - The United States will miss

its emission-reduction targets under the Paris climate agreement

if 19 pending natural gas pipelines are built across eastern

states, a...

Read more

EU authorises Monsanto, Bayer genetically modified seeds

BRUSSELS, July 22 (Reuters) - The European Commission has

authorised two types of Monsanto's genetically modified

seeds and one sold by Germany's Bayer for feed and

food uses, following a favourable...

Read more

BRIEF-Valeant says no safety concerns, additional clinical trials for approval of Latanoprostene Bunod

July 22 (Reuters) - Valeant Pharmaceuticals International

Inc

Read more

BRIEF-FDA to inspect Nicox partner Bausch + Lomb

* Has been informed by its partner Bausch + Lomb, a Valeant

unit, of receipt of a complete response letter from

U.S. FDA concerning latanoprostene bunod

Read more

Thursday, July 21, 2016

PRESS DIGEST - The Wall Street Journal - July 22

July 22 (Reuters) - The following are the top stories in the

Wall Street Journal. Reuters has not verified these stories and

does not vouch for their accuracy.

Read more

PRESS DIGEST- New York Times business news - July 22

July 22 (Reuters) - The following are the top stories on the

New York Times business pages. Reuters has not verified these

stories and does not vouch for their accuracy.

Read more

RPT-U.S. may take movie, music roles in Malaysia fund asset seizure

NEW YORK, July 21 (Reuters) - The U.S. government may become

a movie and music industry player, at least temporarily, after

moving to seize $1 billion in assets that prosecutors said were

bought with...

Read more

BRIEF-Amgen and UCB submit biologics license application for romosozumab to the FDA

* Amgen and UCB submit biologics license application for

romosozumab to the FDA

Read more

UPDATE 1-U.S. sides with HSBC to block release of money laundering report

NEW YORK, July 21 (Reuters) - The U.S. government asked a

federal appeals court on Thursday to block the release of a

report detailing how HSBC Holdings Plc is working to

improve its money laundering...

Read more

BRIEF-Visa says longer term impact of brexit on Visa Europe's business is too early to determine

* Visa on operations in China - working through issues

relating to national security reviews and encryption standards

Read more

U.S. may take movie, music roles in Malaysia fund asset seizure

NEW YORK, July 21 (Reuters) - The U.S. government may become

a movie and music industry player, at least temporarily, after

moving to seize $1 billion in assets that prosecutors said were

bought with...

Read more

BRIEF-Prism Medical obtains interim order for plan of arrangement

* Prism Medical Ltd obtains interim order for plan of

arrangement

Read more

UPDATE 3-Fox News chief Ailes resigns after sexual harassment claims

NEW YORK/LOS ANGELES, July 21 (Reuters) - Roger Ailes, who

built Fox News Channel into a money-making ratings powerhouse,

has resigned as chairman and chief executive following

allegations of sexual...

Read more

White House calls for Malaysian transparency in wake of fund scandal

WASHINGTON, July 21 (Reuters) - The White House urged

Malaysia on Thursday to demonstrate good governance and a

transparent business climate, a day after U.S. prosecutors sued

to try and seize $1...

Read more

UPDATE 2-Mexico's Vitro to buy PPG's flat glass unit for $750 mln

MONTERREY, July 21 (Reuters) - Mexican glass manufacturer

Vitro said on Thursday it had agreed to purchase the

flat glass unit of U.S. company PPG for around $750

million, giving it a foothold in...

Read more

BRIEF-Puma Biotech applies for marketing approval for breast cancer drug

* Submits NDA for PB272 (neratinib) to U.S. FDA for extended

adjuvant treatment of HER2-positive early stage breast cancer

Source text for Eikon:

Further company coverage:

Read more

BRIEF-Merck provides regulatory update on Biologics application

* Fda has requested submission of new data and analyses from

modify I and modify II clinical trials previously submitted

Read more

BRIEF-JP Morgan Chase nearing settlement with prosecutors on Asia hiring probes - WSJ

* JP Morgan Chase nearing settlement with prosecutors on Asia hiring probes - WSJ

Read more

Corzine, others settle with MF Global trustee over collapse

NEW YORK, July 21 (Reuters) - Jon Corzine has reached a

settlement with the trustee for the former New Jersey governor's

collapsed brokerage MF Global Holdings Ltd, as part of a series

of accords...

Read more

UPDATE 4-U.S. regulators sue to block Anthem-Cigna, Aetna-Humana insurer mergers

NEW YORK, July 21 (Reuters) - U.S. antitrust officials on

Thursday moved to block an unprecedented consolidation of the

national health insurance market, filing suit against Anthem

Inc's proposed...

Read more

UPDATE 1-GM says it may recall 4.3 million vehicles over Takata air bags

WASHINGTON, July 21 (Reuters) - General Motors Co

said on Thursday it may be forced by U.S. regulators to recall

another 4.3 million vehicles for potentially defective Takata

air bag inflators, a...

Read more

BRIEF-Humana increases FY 2016 earnings guidance

* says updated guidance for FY16 adjusted eps of at least

$9.25 compares to its previous guidance for FY16 adjusted eps of

at least $8.85

Read more

BRIEF-Coinbase Global says has raised $10.5 mln in equity financing

July 21 (Reuters) - Coinbase Global Inc Says It Has Sold

$10.5 Mln In Equity Financing From Total Offering Amount Of

$11.0 Mln

Read more

BRIEF-Cigna comments on DOJ position regarding proposed deal with Anthem

* Comments on DOJ position regarding proposed deal with

Anthem; Cinga currently evaluating its options consistent with

obligations under agreement

Read more

BRIEF-Redhill Biopharma receives additional U.S. Patent covering RHB-105

* Redhill Biopharma receives additional U.S. patent covering

RHB-105 ahead of confirmatory phase III study for H. Pylori

infection

Read more

BRIEF-TPI Composites Inc sees IPO of 6.25 mln shares of stock

* TPI Composites Inc expects IPO price to be between $11.00

and $12.00 per share

Read more

UPDATE 1-Theranos hires executives in regulatory, compliance push

July 21 (Reuters) - Blood-testing company Theranos Inc said

on Thursday it hired two executives to oversee regulatory,

quality and compliance standards, as the company tries to

recover from a series...

Read more

Greek MPs set to lower voting age, abolish bonus seats

ATHENS, July 21 (Reuters) - Greece's lawmakers were poised

to revamp the electoral law and abolish a system of bonus seats

on Thursday, in a move authorities say will better reflect

public opinion in...

Read more

Brazil to ease foreign land ownership cap as part of stimulus -source

BRASILIA, July 21 (Reuters) - Brazil's government plans to

include steps to ease restrictions on foreign ownership of

agricultural land in a package of measures to resuscitate the

recession-stricken...

Read more

SABMiller to scrutinise AB InBev mega-deal after regulator approval - chairman

* SABMiller awaiting China preconditions before scrutinising

terms

Read more

BRIEF-RepliCel therapy for pattern baldness proceeds to clinical trial launch in Japan

* RCH-01 product cleared by Japanese regulatory authorities

for use in clinical research study launching now in Japan

Read more

Malaysia's Attorney-General says no evidence of fraud at 1MDB

KUALA LUMPUR, July 21 (Reuters) - Malaysia's

Attorney-General said on Thursday there has been no evidence

from any probe conducted by law enforcement agencies across the

globe that show funds were...

Read more

BRIEF-Roche CEO says very optimistic about u.s. market

* Ceo says still very optimistic about u.s. Market,

discussion about pricing was triggered by older generic drugs in

smaller markets

Source text for Eikon:

Further company coverage:

(Reporting...

Read more

UPDATE 5-AB InBev, SABMiller deal wins U.S. approval, adds craft beer protections

NEW YORK, July 21 (Reuters) - Brewers Anheuser-Busch InBev

and SABMiller received U.S. antitrust approval

for their $107 billion merger on Wednesday, bringing the

largest-ever consumer products deal...

Read more

UPDATE 2-Singapore seizes assets, to take action against major banks in 1MDB probe

SINGAPORE, July 21 (Reuters) - Singapore widened a crackdown

on alleged money laundering in a probe tied to scandal-hit

Malaysian state fund 1MDB, seizing assets and announcing it will

take action...

Read more

Malaysia's Najib unmoved after U.S. lawsuits linked to 1MDB scandal

* Mahathir calls for referendum in launching opposition

front

Read more

PRESS DIGEST- New York Times business news - July 21

July 21 (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

Sanctions hinder Russian efforts to build power plant - sources

MOSCOW, July 21 (Reuters) - A state tender for a company to

build and operate a power plant in southern Russia attracted no

bids partly because firms feared falling foul of EU sanctions

should any...

Read more

Wednesday, July 20, 2016

High noon for regulators in China's Wild West bond market

* Previously rare bond defaults rising: over 20 in 2016 so

far

Read more

UPDATE 1-China commercial banks' June net forex sales stable, outflows seen easing

* SAFE says pressure on capital outflows easing

(Adds details, quotes)

Read more

UPDATE 1-S.Korea probes Google for anti-competitive behaviour-Yonhap

* Probe looks at whether Google abused dominant position -

Yonhap

Read more

Australian regulator waves through Asciano buyout

SYDNEY, July 21 (Reuters) - Australia's antitrust watchdog

on Thursday gave the green light to a A$9.1 billion ($6.79

billion) buyout of rail freight giant Asciano Ltd by a

global consortium led by...

Read more

S.Korea probes Google for anti-competitive behaviour-Yonhap

SEOUL, July 21 (Reuters) - South Korea's antitrust regulator

conducted an inspection of Google's local headquarters to

investigate whether the firm is engaged in anticompetitive

behaviour over its...

Read more

UPDATE 1-J&J unit's former execs convicted of unapproved marketing

July 19 (Reuters) - Two former executives of Acclarent Inc,

a medical device company bought by Johnson & Johnson in

2010, were convicted on Wednesday by a U.S. jury on charges of

promoting a product...

Read more

UPDATE 1-Freddie Mac must face revived lawsuit over subprime exposure

July 20 (Reuters) - A federal appeals court on Wednesday

revived Ohio's lawsuit accusing Freddie Mac of

defrauding the state's $87.3 billion public pension fund by

hiding its exposure to subprime and...

Read more

REFILE-Marlette gets second ever online loan ABS over the line

NEW YORK, July 20 (IFR) - Marlette Funding got its

second-ever bond backed by personal loans easily over the line

on Wednesday, but investors said the primary market was still

wary of deals from the...

Read more

BRIEF-Lcnb Corp files for mixed shelf of up to $100 mln

* Lcnb Corp files for mixed shelf of up to $100 million -

SEC filing

Source text for Eikon:

Further company coverage:

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

Read more

J&J unit's former execs convicted of unapproved marketing

July 19 (Reuters) - Two former executives of Acclarent Inc,

a medical device company bought by Johnson & Johnson in

2010, were convicted on Wednesday by a U.S. jury on charges of

promoting a product...

Read more

Nishikawa agrees to plead guilty, pay $130 mln fine for price-fixing -U.S.

WASHINGTON, July 20 (Reuters) - Nishikawa Rubber Co Ltd

has agreed to plead guilty and pay a $130 million

criminal fine for its role in a price-fixing conspiracy

involving automotive parts, the U.S....

Read more

UPDATE 1-Four U.S. airlines get OK for daytime flights to Tokyo Haneda

WASHINGTON, July 20 (Reuters) - Four U.S. carriers have won

tentative approval to launch daytime U.S. flights to Tokyo's

Haneda airport as early as this fall, the U.S. Transportation

Department said...

Read more

U.S. Justice Department says it approves SABMiller, ABI deal

WASHINGTON, July 20 (Reuters) - The U.S. Justice Department

said on Wednesday it had agreed to a settlement with

Anheuser-Busch InBev SA that will permit ABI to proceed

with its acquisition of...

Read more

UPDATE 1-AB InBev says wins U.S. Antitrust Approval for SABMiller Deal

July 20 (Reuters) - The world's top two brewers,

Anheuser-Busch InBev and SABMiller, have won

U.S. antitrust approval to merge, Ab InBev said on Wednesday.

Read more

Albanesi shows high yield in latest Argentine deal

NEW YORK, July 20 (IFR) - Argentina's Albanesi had the

market to itself on Wednesday as it moved forward with a US$250m

seven-year non-call four bond - the latest in a long list of

offerings from the...

Read more

U.S. Treasury launches money fund data tool

July 20 (Reuters) - The U.S. Treasury Department's research

arm, Office of Financial Research, on Wednesday launched an

online tool that allows investors to analyze the securities held

by money...

Read more

Daimler AG, Ferrari selling some new vehicles with faulty air bags - Senate report

WASHINGTON, July 20 (Reuters) - Daimler AG's Mercedes-Benz

and Daimler Vans units and Ferrari NV are among a small group of

automakers selling some new vehicles with faulty Takata airbags

that will...

Read more

REFILE-U.S. announces $1 bln civil action to recover funds taken from Malaysian fund

WASHINGTON, July 20 (Reuters) - U.S. Attorney General

Loretta Lynch announced a civil action on Wednesday seeking the

recovery of more than $1 billion worth of assets linked to a

conspiracy to...

Read more

BRIEF-Wal-Mart publishes update on work on Walmart Sustainable Chemistry Policy

* Published progress update on work on Walmart Sustainable

Chemistry Policy; update includes progress on removing 8 high

priority chemicals

Further company coverage:

Read more

UPDATE 2-U.S. charges two HSBC executives over forex-related scheme

NEW YORK, July 20 (Reuters) - A senior manager at HSBC

Holdings Plc has been arrested in New York and charged

along with a former foreign exchange executive for engaging in a

scheme to defraud one of...

Read more

BRIEF-Algoma says arbitration tribunal rules in favour of co

* London, UK Arbitration Tribunal Hearing Contract Dispute

Between Algoma, Nantong Mingde Heavy Industries Has Found In

Favour Of Co

Source text for Eikon:

Further company coverage:

Read more

Mylan gets EU approval for Meda purchase, subject to conditions

BRUSSELS, July 20 (Reuters) - EU antitrust regulators said

on Wednesday they had cleared generic drugmaker Mylan's

planned cash-and-stock purchase of Sweden's Meda

subject to it selling certain...

Read more

BRIEF-Xoma wins EU "orphan drug" status for hyperinsulinism drug

* Xoma 358 is in phase 2 development for chi with clinical

sites in united states and european union (eu) actively

enrolling patients

Read more

Enbridge to pay $62 mln fine, $120 mln costs for Michigan spill -report

July 20 (Reuters) - The U.S. Justice Department and

Environmental Protection Agency will fine Enbridge Inc

$62 million for a 2010 oil spill that released crude oil into

the Kalamazoo River in...

Read more

UPDATE 1-Germany wants G20 to signal stability; Schaeuble to discuss Brexit with Hammond

BERLIN, July 20 (Reuters) - Germany wants a message of

stability to emerge from this weekend's G20 meeting in China,

where Finance Minister Wolfgang Schaeuble will also meet his

newly appointed...

Read more

BRIEF-VisionChina Media says Cayman Islands ruling orders company to pay plaintiffs about $59.4 mln

* Says Cayman Islands ruling orders VisionChina Media to pay

plaintiffs approximately $59.4 million

Read more

UPDATE 2-U.S. set to seize assets tied to Malaysian fund 1MDB- media

KUALA LUMPUR, July 20 (Reuters) - U.S. federal prosecutors

are set to file civil lawsuits seeking to seize assets worth

more than $1 billion linked to scandal-hit Malaysian state fund

1Malaysia...

Read more

UPDATE 1-Konecranes offers divestiture as it seeks EU approval for Terex deal

* Finnish crane maker Konecranes said on Wednesday it has offered to sell

Germany-based crane component maker Stahl to win EU approval for its proposed $1.3 billion euro

acquisition of Terex Corp's...

Read more

PRESS DIGEST- New York Times business news - July 20

July 20 (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

Tuesday, July 19, 2016

UPDATE 2-Chesapeake sued for allegedly rigging U.S. oil, natgas leases

July 19 (Reuters) - Investors who sold oil and natural gas

land leases to Chesapeake Energy Corp and now-bankrupt

SandRidge Energy Corp sued Chesapeake and Tom Ward,

SandRidge's former CEO, alleging...

Read more

PRESS DIGEST - Wall Street Journal - July 20

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

Wall Street Journal. Reuters has not verified these stories and

does not vouch for their accuracy.

Read more

UPDATE 3-Fox News, Ailes in negotiations over his exit-source

July 19 (Reuters) - Roger Ailes, who built Fox News into a

profitable ratings powerhouse, and Twenty-First Century Fox Inc

are in negotiations over his departure from the cable

news channel...

Read more

Judge refuses to block generic versions of AstraZeneca's Crestor

July 19 (Reuters) - A U.S. judge on Tuesday refused to issue

a temporary restraining order blocking the approval of new

generic versions of AstraZeneca's blockbuster

cholesterol drug Crestor in the...

Read more

Pricing dispute hits supply of TB drugs in Pakistan

* Price caps on key drugs not raised significantly since

2001

Read more

BRIEF-Kraft Heinz Foods files for senior offering of up to $15 bln

* Kraft Heinz Foods Co files for senior notes offering of up

to $15.0 billion - SEC filing

Source text for Eikon:

Further company coverage:

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

Read more

BRIEF-Petrus Securities reports 5 pct stake in Hill International

* Petrus Securities acquired Hill International shares for

investment purposes as believed that common stock was

undervalued

Read more

UPDATE 1-Mexico telecoms watchdog sets price rules for Telmex up to 2018

MEXICO CITY, July 19 (Reuters) - Mexico's telecoms regulator

said on Tuesday it had set price rules for 2015-2018 for

fixed-line telephone firms Telmex and Telnor, part of tycoon

Carlos Slim's...

Read more

UPDATE 2-Mexico approves auction terms for 15 offshore oil areas

MEXICO CITY, July 19 (Reuters) - Mexico's oil regulator on

Tuesday approved contracts and auction terms for 15 shallow

water areas in the southern Gulf of Mexico, to be bid out early

next year as...

Read more

UPDATE 1-Brazil judge blocks WhatsApp over data in criminal case

SAO PAULO, July 19 (Reuters) - A Brazilian judge ordered an

indefinite suspension of Facebook Inc's WhatsApp on

Tuesday after it failed to cooperate in a criminal

investigation, the third such...

Read more

UPDATE 2-U.S. antitrust officials poised to block Anthem, Aetna deals - source

NEW YORK, July 19 (Reuters) - U.S. antitrust officials are

poised to file lawsuits to block Anthem Inc's

acquisition of Cigna Corp as well as Aetna Inc's

takeover of Humana Inc, a person familiar...

Read more

Fox News anchor Kelly said Ailes made unwanted sexual advances-report

July 19 (Reuters) - Fox News Anchor Megyn Kelly has told

investigators that her boss, Roger Ailes, "made unwanted sexual

advances toward her," about 10 years ago, New York magazine

reported Tuesday,...

Read more

UPDATE 3-Three U.S. states sue VW, say execs covered up diesel cheating

* VW calls suits regrettable, says claims "not new"

(Adds all three state lawsuits now filed, AG comment)

Read more

Britain's big banks call for upstart rivals to share burden of free accounts

LONDON, July 19 (Reuters) - Britain's so-called challenger

banks should be compelled to share the burden of providing

loss-making fee-free basic accounts to the financially

vulnerable, executives...

Read more

Konecranes seeks EU approval with concessions over Terex deal

BRUSSELS, July 19 - Finnish crane maker Konecranes

has offered concessions in efforts to secure EU

antitrust approval for its 1.1-billion-euro ($1.22 billion)

takeover bid for U.S. peer Terex Corp's...

Read more

UPDATE 1-US Air Force says Boeing KC-46 tanker passes final test for initial production

NEW YORK, July 19 (Reuters) - The U.S. Air Force said on

Tuesday that a Boeing Co KC-46 Pegasus aircraft had

refueled an A-10 Thunderbolt II aircraft in flight, passing the

final test needed to begin...

Read more

New York alleges in lawsuit VW execs covered up diesel cheating

WASHINGTON, July 19 (Reuters) - Senior executives at

Volkswagen AG including its former chief executive

covered up evidence that the German automaker had cheated on

U.S. diesel emissions tests for...

Read more

UPDATE 3-Monsanto rejects Bayer's sweetened offer, open to talks

* Monsanto shares drop 1.5 pct premarket; Bayer off 1 pct

(Adds Bayer's response)

Read more

BRIEF-VBI Vaccines applies eVLP platform in development of vaccine candidate to prevent zika virus

* VBI Vaccines applies its EVLP platform in development of a

novel vaccine candidate to prevent Zika virus

Read more

EU Commission sees possible UK recession next year after Brexit

BRUSSELS, July 19 (Reuters) - Britain's economy may slip

into recession next year following the vote to quit the European

Union, the European Commission estimated on Tuesday in its first

assessment...

Read more

DEALTALK-Old pharma sees new profit cure in cancer drugs

July 19 (Reuters) - Some of the world's largest drug

companies are taking out their checkbooks for acquisitions of

smaller peers whose cancer drugs have the potential to cure not

just patients, but...

Read more

RPT--Hauling cash, replacing cards, fixing ATMs: the stubborn costs banks can't erase

NEW YORK, July 18 (Reuters) - Even after years of lean

times, big U.S. banks are coming under new pressure to cut

costs. But management teams are finding some expenses simply

won't budge - like the...

Read more

EU antitrust chief to hold news conference at 1030 GMT

BRUSSELS, July 19 (Reuters) - EU antitrust chief Margrethe

Vestager will hold a news conference on a competition case at

1030 GMT, the European Commission said on Tuesday.

Read more

BoE's Woods says no 'sweeping solution' for banks after Brexit

LONDON, July 19 (Reuters) - Relying on the European Union's

securities rules to obtain access to the EU's single market

after Britain leaves the bloc won't be a "sweeping solution",

Bank of England...

Read more

BRIEF-Novartis to spend extra $200 mln to push Entresto - CEO

July 19 (Reuters) - Novartis CEO says on call with

journalists:

Read more

Henderson calls for investor vote on Bayer-Monsanto takeover, says unconvinced by deal

LONDON, July 19 (Reuters) - Henderson Global Investors

, a key minority investor in Bayer has

demanded a vote on the firm's $64 billion-plus proposed takeover

of Monsanto, which it said threatened...

Read more

Monday, July 18, 2016

DEALTALK-Old pharma sees new profit cure in cancer drugs

July 19 (Reuters) - Some of the world's largest drug

companies are taking out their checkbooks for acquisitions of

smaller peers whose cancer drugs have the potential to cure not

just patients, but...

Read more

PRESS DIGEST- New York Times business news - July 19

July 19 (Reuters) - The following are the top stories on the

New York Times business pages. Reuters has not verified these

stories and does not vouch for their accuracy.

Read more

Hauling cash, replacing cards, fixing ATMs: the stubborn costs banks can't erase

NEW YORK, July 19 (Reuters) - Even after years of lean

times, big U.S. banks are coming under new pressure to cut

costs. But management teams are finding some expenses simply

won't budge - like the...

Read more

Corvex builds small stakes in Monsanto, Bayer -sources

July 18 (Reuters) - Corvex Management LP, the activist fund

run by former Carl Icahn protégé Keith Meister, has amassed

small stakes in U.S. seeds company Monsanto Co and its

aspiring acquirer,...

Read more

N.Y. man gets year in prison for Maxim magazine deal fraud

NEW YORK, July 18 (Reuters) - The son of a former United

Parcel Service Inc executive was sentenced on Monday to

a year in prison for orchestrating a fraudulent scheme in which

he impersonated his...

Read more

Republican 2016 platform calls for reinstating 1933 banking law

July 18 (Reuters) - The U.S. Republican Party's newly

adopted policy platform calls for reinstating the 1933

Glass-Steagall law requiring the separation of commercial and

investment banking,...

Read more

UPDATE 1-Canadian minister hopeful of deal in China canola dispute

WINNIPEG, Manitoba, July 18 (Reuters) - Canada is hopeful of

striking an agreement with China before it toughens its shipping

standard for Canadian canola, Canada's agriculture minister said

on...

Read more

BRIEF-Alexco Resource files for mixed shelf of up to $50 mln

* Alexco Resource Corp files for mixed shelf of up to $50

mln - SEC filing

Source text: (http://bit.ly/29VYJ9X)

Further company coverage:

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

Read more

Ex-Visium hedge fund manager pleads not guilty to fraud scheme

NEW YORK, July 18 (Reuters) - A former portfolio manager at

Visium Asset Management LP pleaded not guilty on Monday to

charges that he engaged in a scheme to defraud investors by

inflating the value...

Read more

UPDATE 1-EU financial stability is top priority after Brexit -Dombrovkis

WASHINGTON, July 18 (Reuters) - Maintaining the European

Union's financial stability is the top priority following

Britain's vote last month to leave the bloc, the European

Commission's new financial...

Read more

New EC financial regulatory chief tells Washington priority is stability

WASHINGTON, July 18 (Reuters) - Ensuring financial stability

is the top priority for the European Commission following

Britain's vote last month to leave the European Union, the

commission's new...

Read more

BRIEF-D.E. Shaw & Co reports 5.3 pct passive stake in Constellium

* D.E. Shaw & Co L.P. reports 5.3 pct passive stake in

Constellium NV as of July 8 - SEC filing

Source text: (http://bit.ly/2a6GwFl)

Further company coverage:

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

Read more

BRIEF-Johnson & Johnson sets quarterly cash dividend of $0.80 per share

* Sets quarterly cash dividend of $0.80 per share

Source text for Eikon:

Further company coverage:

Read more

UPDATE 1-Murdochs decide to oust Fox News chief Ailes -report

July 18 (Reuters) - Rupert Murdoch, executive co-chairman of

21st Century Fox Inc, and his sons James and Lachlan

agree that Fox News Channel boss Roger Ailes should leave the

company but have not...

Read more

Murdochs decide to oust Fox News chief Ailes - New York magazine

July 18 (Reuters) - Rupert Murdoch, executive co-chairman of

21st Century Fox Inc, and his sons James and Lachlan

agree that Fox News Channel boss Roger Ailes should leave the

company but have not...

Read more

BRIEF-FCA says cooperating with SEC probe Into Reporting Of Vehicle Unit Sales

* Fiat Chrysler Automobiles Says Inquiries Into Similar

Issues Were Recently Made By U.S. Department Of Justice

Read more

French competition authority clears Fnac-Darty deal

PARIS, July 18 (Reuters) - France's competition authority on

Monday approved plans by French music and book chain Fnac

to take over consumer electronics retailer Darty

.

Read more

UPDATE 1-IMF chief: Loss of small-country bank access risks 'systemic' disruptions

WASHINGTON, July 18 (Reuters) - The loss of correspondent

banking relationships in developing countries as major banks try

to limit risk exposures could marginalize small economies and

cause...

Read more

BRIEF-Southgobi announces deferral agreement with China Investment Corp

* Deferral agreement covers outstanding deferred cash

interest obligations and associated costs of us$18.8 million

Read more

BRIEF-Syneron Candela says announces FDA clearance of its non-invasive fat destruction device

* Syneron candela announces fda clearance of high energy

ultrashape power for fat destruction

Read more

BRIEF-ANI Pharmaceuticals announces FDA approval, launch of Nilutamide tablets

* ANI Pharmaceuticals announces FDA approval and immediate

launch of Nilutamide tablets, the first generic competitor to

Nilandron

Read more

EU antitrust regulators resume scrutiny of Wabtec, Faiveley deal

BRUSSELS, July 18 - EU competition authorities have resumed

their investigation into U.S. rail component maker Wabtec Corp's

$1.8 billion bid for French rival Faiveley Transport

after the companies...

Read more

EU mergers and takeovers (July 18)

BRUSSELS, July 18 (Reuters) - The following are mergers

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

EU merger process:

Read more

UPDATE 1-AstraZeneca's lung cancer drug meets main goal in late-stage trial

July 18 (Reuters) - AstraZeneca Plc said its

experimental lung cancer drug Tagrisso met its main goal in a

late-stage study.

Read more

Japan's SoftBank agrees $32 billion deal to buy Britain's ARM

LONDON, July 18 (Reuters) - Japan's SoftBank Group Corp

has agreed to buy British chip designer ARM Holdings

for 24.3 billion pounds ($32 billion), in a deal that

will retain the company's...

Read more

Sunday, July 17, 2016

PRESS DIGEST - Wall Street Journal - July 18

July 18 (Reuters) - The following are the top stories in the

Wall Street Journal. Reuters has not verified these stories and

does not vouch for their accuracy.

Read more

BRIEF-Genentech says phase III study evaluating Gazyva did not meet primary endpoint

* Genentech provides update on phase III study of Gazyva in

people with previously untreated diffuse large b-cell lymphoma

Read more

UPDATE 1-Nippon Yusen pleads guilty to cartel conduct in Australian court

SYDNEY, July 18 (Reuters) - Japanese shipping company Nippon

Yusen Kabushiki Kaisha pleaded guilty on Monday in

Australia's federal court to criminal cartel conduct in relation

to the transport of...

Read more

UPDATE 1-Samsung Bioepis seeks Europe approval for its Humira copy

* European Medicines Agency reviewing Samsung Bioepis'

application

Read more

Samsung Bioepis seeks Europe approval for its Humira copy

SEOUL, July 18 (Reuters) - Biosimilars maker Samsung

Bioepis, part of South Korea's top family-run conglomerate

Samsung Group, said on Monday it is seeking regulatory

approval in Europe to sell its...

Read more

UPDATE 1-Twitter, Facebook move quickly to stem celebrations of Nice attack

SAN FRANCISCO/WASHINGTON, July 15 (Reuters) - Twitter Inc

moved swiftly to remove posts from Islamic extremists

glorifying a truck attack in Nice, France, watchdog groups said

on Friday, in a rare...

Read more

Nippon Yusen pleads guilty to cartel conduct - Australian watchdog

SYDNEY, July 18 (Reuters) - Australia's competition watchdog

said on Monday that Japanese shipping company Nippon Yusen

Kabushiki Kaisha pleaded guilty to criminal cartel

conduct in Australia's...

Read more

Volkswagen promises U.S. dealers restitution within a month -WSJ

July 17 (Reuters) - Volkswagen AG executives in

the United States have promised restitution within a month for

American franchise dealers damaged by the carmaker's diesel

scandal, the Wall Street...

Read more

UBS, DBS, Falcon face Singapore scrutiny over 1MDB transactions-sources

SINGAPORE, July 17 (Reuters) - Singapore's central bank is

scrutinising several banks, including UBS and DBS Group

Holdings, to see if they broke anti-money laundering

rules in handling transactions...

Read more

Saturday, July 16, 2016

RPT-Twitter, Facebook move quickly to stem celebrations of Nice attack

SAN FRANCISCO/WASHINGTON, July 15 (Reuters) - Twitter Inc

moved swiftly to remove posts from Islamic extremists

glorifying a truck attack in Nice, France, watchdog groups said

Friday, in a rare...

Read more

Twitter, Facebook move quickly to stem celebrations of Nice attack

SAN FRANCISCO/WASHINGTON, July 15 (Reuters) - Twitter Inc

moved swiftly to remove posts from Islamic extremists

glorifying a truck attack in Nice, France, watchdog groups said

Friday, in a rare...

Read more

BRIEF-Hawaii regulators reject NextEra's purchase of Hawaiian Electric

* State Of Hawaii Public Utilities Commission - PUC votes to

not approve Hawaiian Electric Companies,NextEra Energy's

application for change of control

Source text - (http://bit.ly/29XH5ET)

Further...

Read more

Friday, July 15, 2016

UPDATE 1-BoE's Carney says G20 summit to focus on green finance

* Says carbon pricing cleanest way to regulate emissions

(Adds comments on green bond market, carbon pricing)

Read more

BUZZ-Brazil's Anima: shares fall on changes in student loan program

SAO PAULO, July 15 (Reuters) - ** Shares in Brazilian

for-profit education firm GAEC Educação SA fell on Friday after

the government enacted changes in terms of student loan program

FIES that...

Read more

BRIEF-Elliott Capital Advisors discloses latest AB InBev stake

* Says owns 1.03 mln ordinary shares of Anheuser-Busch InBev

SA/NV as of July 14

Read more

Lagging US bank sector could appeal to bond investors

NEW YORK, July 15 (IFR) - Spreads on US bank bonds have

lagged the rally in corporate credit, and that could offer

investors a chance for decent pick-up as banks hit the market

post-earnings in the...

Read more

UPDATE 1-Cancer patient dies after Ziopharm experimental drug therapy

July 15 (Reuters) - Ziopharm Oncology Inc said a

brain cancer patient died of cranial bleeding about two weeks

after starting treatment with the gene therapy developer's lead

experimental drug,...

Read more

Cancer patient in Ziopharm drug trial dies after starting treatment

July 15 (Reuters) - A brain cancer patient enrolled in

Ziopharm Oncology Inc's trial has suffered a fatal

cranial bleed a fortnight after starting treatment with the gene

therapy developer's lead...

Read more

UPDATE 1-Valeant psoriasis drug's suicide risk hard to assess -FDA Staff

July 15 (Reuters) - Valeant Pharmaceuticals International

Inc's experimental drug to treat the skin disorder

psoriasis carries a potential risk of suicide that is

challenging to assess due to limited...

Read more

UPDATE 1-Herbalife to pay $200 mln to settle with FTC-WSJ

July 15 (Reuters) - Weight-loss products maker Herbalife Ltd

will pay $200 million to avoid being classified as a

pyramid scheme under a settlement with the Federal Trade

Commission, the Wall Street...

Read more

Valeant psoriasis drug safety challenging to assess -FDA Staff

July 15 (Reuters) - Valeant Pharmaceuticals International

Inc's experimental drug to treat the skin disorder

psoriasis carries several potential risks that are challenging

to assess due to limited...

Read more

UPDATE 1-UK can make demands about EU market access, we have demands too - Germany

* Can therefore only speculate on EU-UK relations

(Adds more spokesman quotes, background)

Read more

UPDATE 2-Singapore Exchange's securities market reopens after disruption

* SGX says halt was due to duplicate trade confirmation

messages

(Adds c.bank, more SGX comment and updates shares)

Read more

repeat-U.S. prosecutors launch review of failed FedEx drug case

SAN FRANCISCO/WASHINGTON, July 15 (Reuters) - The U.S.

Department of Justice has begun a rare internal examination of

what went wrong in the prosecution of a controversial drug

conspiracy case...

Read more

REFILE-Opera to say by Monday whether $1.24 bln Chinese bid can go ahead

OSLO, July 15 (Reuters) - Norway's Opera Software

will say by early Monday whether all the conditions of a $1.24

billion takeover bid by a Chinese consortium have been met, the

firm said on Friday.

Read more

Japan's aluminium fabricators beef up U.S. output, betting on rising auto use

TOKYO, July 15 (Reuters) - Japanese aluminium products

makers such as UACJ Corp and Kobe Steel are

boosting output capacity in the United States in a bid to snare

market share as automakers turn to...

Read more

Thursday, July 14, 2016

BRIEF-Celgene International says European Commission approved Revlimid

* European Commission approved Revlimid for treatment of

adult patients with relapsed or refractory mantle cell lymphoma

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1...

Read more

BRIEF-Melrose receives final regulatory approval for Nortek offer

* Final regulatory approvals received for melrose's tender

offer for nortek

Read more

Xerox rejects RR Donnelley merger proposal - WSJ

July 14 (Reuters) - Xerox Corp privately rejected a

bid to merge its document business with financial printing firm

RR Donnelley & Sons Co, the Wall Street Journal reported

Thursday.

Read more

PRESS DIGEST - Wall Street Journal - July 15

July 15 (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

China's provinces enlist banks to defy overcapacity cuts

* Coal and steel industry key to some local governments and

banks

Read more

UK should consider prosecuting VW over emissions scandal - lawmakers

LONDON, July 15 (Reuters) - Britain should consider

prosecuting Volkswagen over the diesel emissions

scandal, a committee of lawmakers said on Friday, accusing the

government of being too slow to...

Read more

U.S. regulator targets "influencer" internet ad campaigns

July 14 (Reuters) - The U.S. Federal Trade Commission's

settlement this week with Warner Bros Home Entertainment Inc

highlighted the regulator's increasing focus on internet

advertising by so-called...

Read more

BRIEF-Lea County Bancshares raises $3 mln in equity financing

* Says it has raised $3.0 mln in equity financing - SEC

filing

Read more

Business interests hit U.S. Treasury curb on overseas tax deals

WASHINGTON, July 14 (Reuters) - Business groups urged the

Obama administration on Thursday to drop or revise its latest

proposals to discourage U.S. companies from rebasing overseas in

search of tax...

Read more

E-cigarettes could cut smoking-related deaths by 21 pct -study

July 14 (Reuters) - E-cigarettes could lead to a 21 percent

drop in deaths from smoking-related diseases in those born after

1997, according to a study published in Nicotine & Tobacco

Research.

Read more

BRIEF-Revance Therapeutics plans to initiate global phase 3 program in second half of 2016

* Revance Announces Completion Of Pre-Phase 3 meeting with

FDA for rt002 injectable to treat glabellar lines

Read more

UPDATE 1-Tullett, ICAP restructuring of deal gets nod from U.S. Justice

WASHINGTON, July 14 (Reuters) - The U.S. Department of

Justice said on Thursday that a restructuring of Tullett Prebon

Plc's proposed $1.5 billion acquisition of ICAP Plc's

voice-broking business...

Read more

BRIEF-United Airlines reaches non-prosecution agreement in Port Authority investigation

* United Airlines reaches non-prosecution agreement in Port

Authority investigation

Read more

UPDATE 1-US regulator fines Santander $10 mln for overdraft practices

WASHINGTON, July 14 (Reuters) - The U.S. Consumer Financial

Protection Bureau said on Thursday that Santander Bank

would pay $10 million to settle charges that it engaged in

illegal overdraft...

Read more

UPDATE 2-U.S. FCC votes to advance next-generation 5G networks

WASHINGTON, July 14 (Reuters) - The U.S. Federal

Communications Commission voted unanimously Thursday to open

substantial spectrum for next-generation high-speed 5G wireless

applications and networks...

Read more

BRIEF-U.S. Congress approves GMO labeling bill

July 13 (Reuters) - The U.S. House of Representatives on

Thursday approved legislation that would for the first time

require food to carry labels listing genetically modified

ingredients (GMOs),...

Read more

UPDATE 1-U.S. bank regulator chief unaware of any hacking cover-up -hearing

WASHINGTON, July 14 (Reuters) - The head of a U.S. banking

regulator on Thursday said he was unaware of any efforts by his

staff to cover up hacking of the agency's computers by a foreign

government...

Read more

U.S. FCC will not set new rules on retransmission fights

WASHINGTON, July 14 (Reuters) - The U.S. Federal

Communications Commission's chairman said on Thursday he will

not propose new rules on negotiations between broadcasters and

pay-TV providers over...

Read more

UPDATE 2-Microsoft wins landmark appeal over seizure of foreign emails

NEW YORK, July 14 (Reuters) - A federal appeals court on

Thursday said Microsoft Corp and other companies cannot

be forced to turn over customer emails stored on servers outside

the United States.

Read more

UPDATE 1-Influential consumer magazine urges Tesla disable auto steering

WASHINGTON, July 14 (Reuters) - U.S. magazine Consumer

Reports on Thursday urged electric car maker Tesla Motors Inc

disable the automatic steering function in its

Autopilot driving-assist system,...

Read more

BRIEF-Tandem Diabetes says got FDA clearance of remote software update tool for insulin pumps

* Tandem Diabetes Care announces FDA clearance of remote

software update tool for insulin pumps

Read more

Google says will respond to EU antitrust cases in coming weeks

BRUSSELS, July 14 (Reuters) - Alphabet Inc's Google

said it would examine EU antitrust regulators' third

charge against the company and provide a detailed response in

the coming weeks, adding it...

Read more

REFILE-EU antitrust regulators charge Google for third time

BRUSSELS, July 14 (Reuters) - EU antitrust regulators

accused Alphabet Inc's Google on Thursday of

preventing rivals from competing with the company in the

lucrative online search advertising market,...

Read more

UPDATE 1-JP Morgan ready to lend 7 bln euros for Monte dei Paschi bad-loan deal - paper

MILAN, July 14 (Reuters) - U.S. bank JP Morgan is

willing to provide 7 billion euros ($7.8 billion) in a bridging

loan to a vehicle that would buy bad loans from Italy's

third-largest lender, Monte...

Read more

EU antitrust chief to hold news conference at 1000 GMT

BRUSSELS, July 14 (Reuters) - European Competition

Commissioner Margrethe Vestager will hold a news conference at

1200 CET (1000 GMT) on antitrust cases, the Commission said in a

statement on...

Read more

JP Morgan ready to lend 7 bln euros for Monte dei Paschi bad-loan deal - paper

MILAN, July 14 (Reuters) - U.S. bank JP Morgan is

willing to provide 7 billion euros ($7.8 billion) in a bridging

loan to a vehicle that would buy bad loans from Italy's

third-largest lender, Monte...

Read more

BRIEF-Wilh. Wilhelmsen: JV reaches settlement with US Department of Justice

* Said on Wednesday joint venture companies Wallenius Wilhelmsen Logistics

(WWL) and EUKOR Car Carriers had been among shipping companies under

investigation by US Department of Justice (DOJ)

Read more

BRIEF-EU commission slated to file additional formal charges against Google- WSJ, citing sources

* European Union's antitrust regulator is slated to file

additional formal charges against Google on Thursday- WSJ,

citing sources

Read more

Wednesday, July 13, 2016

California rejects Volkswagen's recall plan for 3.0-liter diesel cars

SAN FRANCISCO, July 13 (Reuters) - California's chief air

regulator on Wednesday rejected a proposed recall plan from

Volkswagen AG to fix 16,000 3.0-liter diesel

Volkswagens, Audis and Porsches in...

Read more

California rejects Volkswagen's recall plan for 3.0 liter diesel cars

SAN FRANCISCO, July 13 (Reuters) - California chief air

regulator on Wednesday rejected a proposed recall plan from

Volkswagen to fix 16,000 3.0 liter diesel Volkswagens, Audis and

Porches in...

Read more

UPDATE 1-U.S. SEC takes another step toward tighter swaps regulation

WASHINGTON, July 13 (Reuters) - The top U.S. securities

regulator on Wednesday took another step toward tightening its

oversight of security-based swaps by proposing new reporting

requirements for...

Read more

UPDATE 2-Chinese man to serve U.S. prison term for military hacking

LOS ANGELES, July 13 (Reuters) - A Chinese businessman who

pleaded guilty in March to conspiring to hack into the computer

networks of Boeing and other major U.S. defense

contractors was sentenced on...

Read more

Elizabeth Warren urges probe of Airbnb-type rentals

WASHINGTON, July 13 (Reuters) - U.S. Senator Elizabeth

Warren on Wednesday called for a regulatory probe into whether

short-term rental websites such as Airbnb are taking housing

away from long-term...

Read more