Wednesday, August 31, 2016

UAW asks Volkswagen to accept NLRB order on Tennessee plant row

Sept 1 (Reuters) - The United Auto Workers (UAW) urged

Volkswagen to accept the National Labor Relations

Board's (NLRB) latest order that requires the carmaker to

collectively bargain with UAW local...

Read more

Asia swaps trading stutters amid confusion over margin rules

SINGAPORE/HONG KONG, Sept 1 (Reuters) - Trading in Asia's

over-the-counter (OTC) swaps market has ground to a near halt as

dealers are sitting on the sidelines amid confusion over new

derivatives...

Read more

BRIEF-Unanimous NLRB order requires Volkswagen to bargain with UAW local union - UAW

* Unanimous NLRB order requires Volkswagen to bargain with

UAW local union

Read more

White nationalists use Twitter with 'relative impunity' - report

WASHINGTON, Sept 1 (Reuters) - White nationalists and

self-identified Nazi sympathizers located mostly in the United

States use Twitter with "relative impunity" and often have far

more followers than...

Read more

Brazil's Kroton eyes asset sales for approval of rival takeover -source

SAO PAULO, Aug 31 (Reuters) - Kroton Educacional SA

, the world's largest education company by market

value, may sell units of Estácio Participacoes SA in

order to secure antitrust approval for a...

Read more

Canada fertilizer deal would send farmers to regulators

WINNIPEG/CHICAGO, Aug 31 (Reuters) - North American farmers

will pressure regulators to protect their negotiating leverage

with fertilizer suppliers if Potash Corp of Saskatchewan

and Agrium Inc...

Read more

PRESS DIGEST- British Business - Sept 1

Sept 1 - The following are the top stories on the business

pages of British newspapers. Reuters has not verified these

stories and does not vouch for their accuracy.

Read more

BRIEF-Harris files for potential mixed shelf size not disclosed - SEC filing

* Files for potential mixed shelf; size not disclosed - SEC filing

Source - (http://bit.ly/2bCYCgu)

Further company coverage:

Read more

BRIEF-AstraZeneca announces results from SYMBICORT study

* SYMBICORT demonstrated comparable risk of serious

asthma-related events and lower risk of asthma exacerbations

compared to Budesonide alone

Read more

UPDATE 5-Brazil's Rousseff ousted by Senate, Temer sworn in

BRASILIA, Aug 31 (Reuters) - Brazil's Senate ousted

President Dilma Rousseff on Wednesday, ending an impeachment

process that polarized Latin America's biggest country amid a

massive corruption...

Read more

BRIEF-Unique Fabricating files for stock shelf of up to $50 mln

* In addition, selling stockholder, may offer up to $1.44

million shares of co's common stock

Source text for Eikon:

Further company coverage:

Read more

BRIEF-Eyegate says selling stockholders may offer up to 871,000 shares of co's common stock

* Says selling stockholders may offer up to 871,000 shares

of co's common stock - SEC filing

Source: (http://bit.ly/2c1ebmt)

Further company coverage:

Read more

CORRECTED-Alere lawsuit accuses Abbott of 'buyer's remorse' in proposed merger

Aug 31 (Reuters) - Alere Inc alleges Abbott

Laboratories is trying to stymie its planned $5.8

billion takeover of the diagnostics company by purposefully

delaying key submissions to anti-trust...

Read more

UPDATE 2-Puerto Rico oversight board appointed

WASHINGTON/NEW YORK, Aug 31 (Reuters) - President Barack

Obama on Wednesday appointed a seven-member board to oversee a

financial restructuring for Puerto Rico, a majority Republican

panel that some...

Read more

UPDATE 2-RBC to pay $2.5 mln for proxy violations over Rural/Metro sale

Aug 31 (Reuters) - A Royal Bank of Canada unit has

agreed to pay $2.5 million for causing false and misleading

disclosures in a proxy statement for the sale of ambulance

company Rural/Metro Corp, the...

Read more

BRIEF-EJF Capital LLC reports 5.8 pct passive stake in Atlantic Coast Financial

* EJF Capital LLC reports 5.8 percent passive stake in

Atlantic Coast Financial Corp as of August 25 - Sec filing

Source text : http://bit.ly/2c4Vjl3

Further company coverage:

Read more

UPDATE 2-Irish cabinet delays decision on Apple tax appeal

* Opinion split on Dublin streets over 13 billion euros

(Releads with delay)

Read more

Takata parts shipped properly in truck explosion, NTSB says

Aug 31 (Reuters) - Initial checks with parties involved in

an Aug. 22 fatal truck explosion in Texas involving Takata Corp

air bag parts indicate that the material was being

shipped properly, a...

Read more

RBC to pay $2.5mln for proxy violations over Rural/Metro sale-SEC

Aug 31 (Reuters) - RBC Capital Markets has agreed to pay

$2.5 million for causing false and misleading disclosures in a

proxy statement for the sale of Rural/Metro Corp, an ambulance

company, the...

Read more

Irish cabinet fails to agree on Apple appeal, to meet again-source

DUBLIN, Aug 31 (Reuters) - Ireland's cabinet could not agree

on Wednesday on whether to appeal a European Commission ruling

against Dublin's tax dealings with Apple and will meet

for further talks...

Read more

UPDATE 1-S.African asset manager halts lending to state firms over political uncertainty

JOHANNESBURG, Aug 31 (Reuters) - South African fixed-income

asset manager Futuregrowth has halted lending to six state-owned

firms citing political uncertainty in Africa's most

industrialised country...

Read more

UPDATE 1-U.S. senators seek federal probe of Takata-linked explosion

Aug 31 (Reuters) - Two U.S. senators on Wednesday called on

the National Transportation Safety Board to investigate the Aug.

22 crash and explosion of a truck carrying Takata Corp

air bag parts that...

Read more

UPDATE 1-U.S. Treasury says EU's Apple tax ruling aimed at U.S. companies

WASHINGTON, Aug 31 (Reuters) - The U.S. Treasury sought to

keep pressure on the European Union to rescind a ruling that

Apple Inc pay up to $14.5 billion in back taxes, a move

Washington says...

Read more

Deutsche Bank, Commerzbank held talks about tie-up - source

FRANKFURT, Aug 31 (Reuters) - Top executives of Deutsche

Bank and Commerzbank have held talks on a

potential combination of Germany's no. 1 and 2 banks earlier

this month, a source familiar with the...

Read more

BRIEF-Allergan and Adamas enter settlement with Amneal Pharmaceuticals

* Allergan and Adamas announce settlement with Amneal

related to namzaric patent litigation

Read more

Brazil, Petrobras to revise subsalt oil contract terms this year

RIO DE JANEIRO, Aug 31 (Reuters) - The Brazilian government

and state-controlled oil company Petróleo Brasileiro SA could

finalize a thorough revision of contractual terms for the

exploration of a...

Read more

Irish cabinet may need more time to decide on Apple appeal- minister

DUBLIN, Aug 31 (Reuters) - Ireland's cabinet may be given

more time to decide on whether to back the finance minister's

recommendation that Dublin appeal the European Commission's

ruling against its...

Read more

PRESS DIGEST- Canada-Aug 31

Aug 31 (Reuters) - The following are the top stories from

selected Canadian newspapers. Reuters has not verified these

stories and does not vouch for their accuracy.

Read more

RPT-U.S. slams EU, but Apple tax demand first issued in Washington

* Washington warns $14.5 billion Irish bill may hurt

relations

Read more

UPDATE 2-UK Stocks-Factors to watch on Aug 31

Aug 31 (Reuters) - Britain's FTSE 100 index is seen opening down 13

points, or 0.19 percent, on Wednesday, according to financial bookmakers, with

futures down 0.26 percent ahead of the cash market...

Read more

UK Stocks-Factors to watch on Aug 31

Aug 31 (Reuters) - Britain's FTSE 100 index is seen opening down 13

points, or 0.19 percent, on Wednesday, according to financial bookmakers.



* The UK blue chip index closed 0.25 percent lower...

Read more

Tuesday, August 30, 2016

PRESS DIGEST - Wall Street Journal - Aug 31

Aug 31 (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

Express Scripts diabetes program aims to cap costs for customers

Aug 31 (Reuters) - Express Scripts Holding, the

largest U.S. pharmacy benefit manager, said on Wednesday it will

implement a program next year that guarantees per-patient

spending caps on diabetes...

Read more

RPT-INSIGHT-Cheap money exposes weakness of German banks

FRANKFURT, Aug 30 (Reuters) - European Central Bank

money-printing has exposed the fault lines in Germany's banking

system, forcing its sprawling network of lenders to rethink

their business models...

Read more

UPDATE 7-EU hits Apple with 13 billion euro Irish tax demand

* GRAPHIC - Apple's tax structure http://tmsnrt.rs/2bxS7Sd

(Adds Apple warning of issue and establishing escrow account)

Read more

PRESS DIGEST- British Business - Aug 31

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 3-USDA closes offices in five states after anonymous threats

CHICAGO, Aug 30 (Reuters) - The U.S. Department of

Agriculture has closed six offices in five states after

receiving anonymous threats, a USDA spokesman said on Tuesday,

and police were investigating...

Read more

BRIEF-Snyder's-Lance issues voluntary recall of Diamond of California macadamia nuts

* Snyder's-Lance - Voluntary recall of Diamond of California

macadamia nuts due to possible salmonella contamination

Read more

AstraZeneca to pay $5.52 mln to resolve U.S. SEC foreign bribery case

NEW YORK, Aug 30 (Reuters) - U.S. regulators said on Tuesday

that AstraZeneca Plc will pay $5.52 million to resolve a

foreign bribery probe into improper payments by its sales and

marketing staff to...

Read more

UPDATE 6-EU hits Apple with 13 billion euro Irish tax demand

* GRAPHIC - Apple's tax structure http://tmsnrt.rs/2bxS7Sd

(Adds share move, analyst on chances of winning appeal, Apple

CFO comment)

Read more

BRIEF-SAExploration holdings files for offering of up to 3.1 mln shares of common stock

* Files for offering of up to 3.1 million shares of common

stock by selling stockholders - SEC filing

Source: (http://bit.ly/2bYsd8q)

Further company coverage:

Read more

BRIEF-Carl Icahn in WSJ says had no plans to sell Herbalife stock that would have required SEC disclosure

* Carl Icahn in WSJ opinion piece - had no "plans or

proposals" to sell Herbalife stock that would have required SEC

disclosure and have none now

Read more

UPDATE 1-Chile orders two copper mines suspended after fatal accidents

SANTIAGO, Aug 30 (Reuters) - Chile's mining regulator on

Tuesday ordered a halt to all operations at two major copper

mines, state-owned Codelco's Chuquicamata and Freeport-McMoran

Inc's El Abra, to...

Read more

UPDATE 1-U.S. SEC awards $22 mln to Monsanto whistleblower

Aug 30 (Reuters) - A former Monsanto Co executive

who tipped the U.S. Securities and Exchange Commission to

accounting improprieties involving the company's top-selling

Roundup product has been...

Read more

BRIEF-Relypsa says Phase 4 TOURMALINE study meets primary endpoint

* Announces phase 4 study shows veltassa demonstrated

similar efficacy and safety whether given with or without food

in patients with hyperkalemia

Read more

UPDATE 1-Italy's Monte Paschi may swap bonds for shares to ease cash call -sources

* Also looking for anchor investors -source

(Adds source comments, background, bank comment)

Read more

BRIEF-Stingray Digital Group counters in court allegations by Music Choice of patent infringement

* Countered in court allegations by Music Choice of patent

infringement in relation to co's music products and services

Read more

BRIEF-Cempra says FDA scheduled meeting to discuss safety, efficacy of solithromycin

* FDA scheduled meeting of Antimicrobial Drugs Advisory

Committee on Nov. 4 to discuss safety, efficacy of solithromycin

Source text for Eikon:

Further company coverage:

Read more

BRIEF-Karyopharm Therapeutics provides update on Phase 2b STORM study

* Intends to expand its Phase 2b storm study evaluating

activity of selinexor in multiple myeloma

Read more

Washington warns of strain on EU economic relationship after Apple ruling

WASHINGTON, Aug 30 (Reuters) - A European Commission order

requiring Apple Inc to pay $13 billion euros ($14.5

billion) in taxes on Tuesday drew swift and angry rebukes from

the Obama administration...

Read more

White House 'concerned' EU tax penalty on Apple may hit U.S. taxpayers

WASHINGTON, Aug 30 (Reuters) - The White House said on

Tuesday it was concerned about a European Commission order for

Apple Inc to pay billions in unpaid taxes to Ireland

because it seemed TO...

Read more

UPDATE 4-EU hits Apple with 13 billion euro Irish tax demand

BRUSSELS/DUBLIN, Aug 30 (Reuters) - The European Commission

ordered Apple Inc. to pay Ireland unpaid taxes of up to

13 billion euros ($14.5 billion) on Tuesday as it ruled the firm

had received...

Read more

London financial groups open line to Dublin after Brexit

FRANKFURT/DUBLIN, Aug 30 (Reuters) - Ireland says the Brexit

vote has led to a jump in enquiries from London firms

considering opening offices in Dublin, one of a handful of

European cities trying...

Read more

UPDATE 1-South Africa's ANC backs Gordhan but warns ministers to obey police summons

JOHANNESBURG, Aug 30 (Reuters) - South Africa's ruling party

backed Finance Minister Pravin Gordhan on Tuesday but said

ministers should obey police summons issued during

investigations, days after...

Read more

BRIEF-FDA accepts Mitsubishi Tanabe Pharma's NDA filing for Edaravone to treat ALS

* FDA accepts Mitsubishi Tanabe Pharma's NDA filing for

Edaravone to treat ALS

Read more

BRIEF-Valeant acquires Canadian rights for Contrave in treatment of obesity

Aug 30 (Reuters) - Valeant Pharmaceuticals International Inc

:

Read more

BRIEF-Ariad completes rolling submission of NDA for Brigatinib to the U.S.

* Ariad completes rolling submission of new drug application

for brigatinib to the u.s. Food and drug administration

Read more

Irish finance minister says EU Apple tax ruling bizarre, political

DUBLIN, Aug 30 (Reuters) - An order by European Union

antitrust regulators for Apple to pay up to 13 billion

euros ($14.5 billion) in taxes is a bizarre exercise in

politics, Ireland's finance...

Read more

REPEAT-Apple says will appeal against EU tax decision

BRUSSELS, Aug 30 (Reuters) - Apple said it would

appeal against an EU ruling ordering it to pay up to 13 billion

euros ($14.5 billion) in taxes to the Irish government which the

EU considers to have...

Read more

BRIEF-Kamada meets primary endpoint of U.S. Phase 2 study of inhaled Alpha-1 Antitrypsin

* Kamada meets primary endpoint of U.S. Phase 2 study of

inhaled Alpha-1 Antitrypsin for the treatment of Alpha-1

Antitrypsin deficiency

Read more

Buyout firms' hushed deals with top investors risk US regulators' ire

NEW YORK, Aug 30(Reuters) - Some U.S. private equity firms

are courting their biggest and savviest investors with

privileged access to special fee-saving deals without telling

other investors,...

Read more

RPT-Options sought as Merkel's radio silence complicates path to soft Brexit landing

BERLIN, Aug 29 (Reuters) - Triggering the procedure for

Britain to exit the European Union is like turning off the

engines on an airplane, a top European diplomat says: best only

do it if you can see...

Read more

UPDATE 2-EU to hand Apple multi-billion dollar Irish tax bill -sources

* Irish government, Apple to appeal any adverse ruling

(Adds detail, background)

Read more

EU antitrust commissioner Vestager to speak on competition case on Tuesday

BRUSSELS, Aug 30 (Reuters) - EU Competition Commissioner

Margrethe Vestager will hold a news conference at midday (1000

GMT) on Tuesday on an antitrust case, the European Commission

said in a...

Read more

Monday, August 29, 2016

Deloitte urges UK not to restrict skilled migrants after Brexit

LONDON, Aug 30 (Reuters) - Global accountant Deloitte has

called on Britain's government not to clamp down on skilled

migrants following Brexit, saying it could backfire on the

economy.

Read more

BRIEF-Israel Englander reports 5.2 percent passive stake in Synergy Resources Corp as of Aug 17

* Israel Englander reports 5.2 percent passive stake in

Synergy Resources Corp as of August 17 -Sec filing

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

Further company coverage:

Read more

UPDATE 1-Samarco dam failed due to poor drainage and design -investigation

BELO HORIZONTE/RIO DE JANEIRO, Aug 29 (Reuters) - The deadly

collapse of a tailings dam at the Samarco mine, owned by Vale SA

and BHP Billiton, last November was caused by

drainage and design...

Read more

BRIEF-U.S. Representatives seek details from Mylan on EpiPens price rise

* Representatives Jason Chaffetz, Elijah Cummings Of U.S.

House Committee On Oversight And Government Reform Send Letter

To Mylan CEO

Read more

UPDATE 1-EU to hand Apple Irish tax bill of over 1 bln euro, source says

* Irish government, Apple to appeal any adverse ruling

(Adds details)

Read more

UPDATE 2-Colorado's anti-fracking measures fail to qualify for ballot

HOUSTON, Aug 29 (Reuters) - Environmental groups have failed

to gather enough signatures to put two measures on Colorado's

ballot in November that aim to curb fracking and oil and gas

work, the state...

Read more

UPDATE 1-Protesters shut down TransCanada pipeline hearing in Montreal

MONTREAL, Aug 29 (Reuters) - Canada's National Energy Board

cancelled the first day of hearings on TransCanada Corp's

proposed Energy East pipeline in Montreal on Monday

after protesters disrupted...

Read more

European privacy regulators to scrutinise WhatsApp privacy switch

PARIS, Aug 29 (Reuters) - Facebook's move to relax the

privacy policy of WhatsApp, the world's most popular mobile

messaging application, will be closely scrutinised, the chair of

Europe's leading...

Read more

BRIEF-Rockefeller Hughes announces dissolution of U.S. subsidiary

* Rockefeller Hughes announces final settlement of

outstanding shareholder lawsuit and dissolution of U.S.

subsidiary

Read more

UPDATE 1-Truck carrying Takata air bag inflators explodes in U.S., killing one

Aug 29 (Reuters) - A truck that was transporting Takata Corp

air bag inflators and propellants at the centre of a

global recall exploded in Texas last week, killing one woman and

injuring four other...

Read more

UPDATE 1-S. African Treasury says Eskom executives blocking probe into coal contracts

JOHANNESBURG, Aug 29 (Reuters) - Executives at Eskom have

resisted attempts to investigate coal contracts entered into by

the state-owned power utility and Tegeta Exploration & Resources

Ltd, a...

Read more

South Africa's Eskom denies blocking coal contract investigation

JOHANNESBURG, Aug 29 (Reuters) - South Africa's Eskom denied

on Monday that it was blocking a Treasury investigation into

coal contracts with Tegeta Exploration & Resources Ltd., a firm

controlled by...

Read more

Eskom executives blocking investigation into coal contracts - South Africa

JOHANNESBURG, Aug 29 (Reuters) - Executives at Eskom have

resisted several attempts to investigate coal contracts entered

into by the state-owned power utility, South Africa's Treasury

said on Monday.

Read more

BRIEF-CCA provides update on customer interactions in response to DoJ

* CCA provides update on customer interactions in response

to DoJ announcement

Read more

BRIEF-Cynapsus receives fda fast track designation for APL-130277

Aug 29 (Reuters) - Cynapsus Receives FDA fast track

designation for apl

Read more

RPT-Herbalife may have misled investors, SEC on impact of FTC deal, one short-seller says

BOSTON, Aug 28 (Reuters) - After U.S. multi-level marketing

company Herbalife settled a probe of its sales practices

with the U.S. Federal Trade Commission last month, top

executives assured...

Read more

Germany reaches deal with EU on green energy levy for industry power stations

BERLIN, Aug 29 (Reuters) - The German government has reached

an agreement with the European Commission over disputed

exemptions to the renewable energy levy for industrial companies

that produce...

Read more

UPDATE 1-U.S. FDA issues emergency use authorization for Zika test - Roche

* Emergency FDA approval allows quick deployment during

crisis

Read more

More U.S. counties to see Obamacare marketplace monopoly -analysis

NEW YORK, Aug 28 (Reuters) - Nearly a third of U.S. counties

will likely be served by only one insurer that participates in

an Affordable Care Act (ACA) marketplace in 2017, according to

an analysis...

Read more

Roche says U.S. FDA issues Emergency Use Authorization for Zika test

ZURICH, Aug 29 (Reuters) - Swiss drugmaker Roche

said on Monday the U.S. Food and Drug Administration (FDA) had

issued an Emergency Use Authorization (EUA) for its test for the

Zika virus.

Read more

Sunday, August 28, 2016

PRESS DIGEST- British Business - Aug 29

The following are the top stories on the business pages of

British newspapers. Reuters has not verified these stories and

does not vouch for their accuracy.

Read more

Herbalife may have misled investors, SEC on impact of FTC deal, one short-seller says

BOSTON, Aug 28 (Reuters) - After U.S. multi-level marketing

company Herbalife settled a probe of its sales practices

with the U.S. Federal Trade Commission last month, top

executives assured...

Read more

Mexico environmental agency defends oversight of Goldcorp mine

MEXICO CITY, Aug 28 (Reuters) - Mexico's environmental

prosecutor said it had kept regular oversight of the country's

largest gold mine, days after a Reuters report on a prolonged

leak of...

Read more

Uber, Careem suspend services in UAE capital

ABU DHABI, Aug 28 (Reuters) - Ride-hailing services Uber

and Careem have suspended services in Abu Dhabi, the

capital of the United Arab Emirates, since Saturday and did not

know when they could...

Read more

UPDATE 1-Uber, Careem suspend services in UAE capital

ABU DHABI, Aug 28 (Reuters) - Ride-hailing companies Uber

and Careem have suspended services in Abu Dhabi, the

capital of the United Arab Emirates, since Saturday and do not

know when they can...

Read more

RPT-Whiplashed investors stay skittish about St. Jude

Aug 26 (Reuters) - One day after a short seller claimed that

St. Jude Medical Inc's heart implants are vulnerable to

deadly cyber attacks, investors appear most concerned about

whether the accusation...

Read more

Saturday, August 27, 2016

Fed should keep trillions in bonds to provide stability - paper

Aug 27 (Reuters) - The U.S. Federal Reserve should scrap a

plan to shrink its massive bond holdings and instead keep them

"indefinitely" as a new and little-recognized tool to protect

against...

Read more

CORRECTED-UPDATE 4-FDA recommends Zika testing for all blood donated in U.S.

CHICAGO/TAMPA, Fla., Aug 26 (Reuters) - The U.S. Food and

Drug Administration recommended on Friday that all blood donated

in the United States and its territories be tested for Zika

virus, as it...

Read more

Whiplashed investors stay skittish about St. Jude

Aug 26 (Reuters) - One day after a short seller claimed that

St. Jude Medical Inc's heart implants are vulnerable to

deadly cyber attacks, investors appear most concerned about

whether the accusation...

Read more

Minnesota sets broadest U.S. limits on chemicals blamed for bee declines

Aug 26 (Reuters) - Minnesota's governor on Friday ordered

the broadest restrictions yet in a U.S. state on the use of

agricultural pesticides that have been blamed for hurting bees,

fueling concerns...

Read more

Friday, August 26, 2016

Mazda recalling 190,000 CX-7 vehicles in U.S.

DETROIT, Aug 26 (Reuters) - Mazda Motor Corp will

recall 190,000 of its CX-7 sport utility vehicles from model

years 2007 to 2012 in the United States because of an issue that

may cause a loss of...

Read more

UPDATE 2-EU may require YouTube, DailyMotion to seek deals with music industry

* EU may require websites to seek deals with rightsholders

(Adds lawyer comment, details on publishers' new right)

Read more

UPDATE 1-Foreign seed firms team up to oppose new India GM crop rules

NEW DELHI, Aug 26 (Reuters) - Major international seed

companies formed an alliance on Friday to oppose a proposal by

India that would force them to share their genetically modified

crop technology...

Read more

UPDATE 1-Takata shortlists Daicel, KKR, Ningbo, others in rescue search -sources

* Takata hopes to narrow list to two final bidders by

mid-Sept

Read more

Takata shortlists Daicel, KKR, Ningbo, others in rescue search -sources

TOKYO, Aug 26 (Reuters) - Takata Corp has

shortlisted six or seven companies, including a competitor and

private-equity funds, as potential financial investors to bail

out the Japanese car-parts...

Read more

India should let market to determine seed prices -foreign seed firms' alliance

NEW DELHI, Aug 26 (Reuters) - An official from the newly

formed alliance of major international seed companies in India

said on Friday that market should determine prices of seeds

rather than...

Read more

BRIEF-SABMiller publishes scheme documents in relation to AB InBev offer

* Today publishing scheme document, which is being sent, or

made available, to SABMiller shareholders

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +91 806 749 1136)

Read more

BRIEF-Ab inbev expects potential job reduction of about 3 percent of total workforce of the combined group

* Expects potential job reduction of about 3 percent of

total workforce of the combined group

Read more

Thursday, August 25, 2016

PRESS DIGEST- Financial Times - Aug 26

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

Financial Times. Reuters has not verified these stories and does

not vouch for their accuracy.

Read more

BRIEF-D. E. Shaw Composite Holdings LLC reports 5 pct stake in Terraform Power - SEC filing

* David Shaw reports 6.7 pct stake in Terraform Power Inc as

of August 15

Read more

BRIEF-Cardconnect files for offering of up to 10.3 mln shares - SEC filing

* Files for offering of up to 10.3 million shares of common

stock - sec filing

Further company coverage:

Read more

BRIEF-Proteostasis Therapeutics files for common stock offering

* Files for common stock offering of up to $60 million - SEC

filing

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

Further company coverage:

Read more

BRIEF-L brands - President reports open market sale of 45,500 shares of co

* President, L Brands International, Martin Waters reports

open market sale of 45,500 shares of common stock on August 23 -

sec filing

Read more

U.S. agency rolls out refinance program for homeowners

NEW YORK, Aug 25 (Reuters) - The regulator of Fannie Mae and

Freddie Mac unveiled on Thursday a program aimed at homeowners

who are paying their mortgages on time but whose loan-to-value

(LTV)...

Read more

BRIEF-Norman Pessin cuts stake in Image Sensing Systems to 9 pct

* Norman Pessin reports 9.0 percent stake in Image Sensing

Systems Inc as of August 24 versus 11.5 percent stake as of

January 21 - Sec filing

Source text : http://bit.ly/2bSE1HB

Further company...

Read more

UPDATE 5-Zuma says backs finance minister but can't stop investigation

* Opposition calls for debate on Gordhan "witch-hunt"

(Adds Gordhan at funeral service in Eastern Cape province)

Read more

UPDATE 4-Volkswagen to spend at least $1.2 bln to compensate U.S. dealers -sources

WASHINGTON, Aug 25 (Reuters) - Volkswagen AG has

agreed to spend more than $1.2 billion to compensate its 650

U.S. dealers for their losses from the German automaker's diesel

emissions scandal, two...

Read more

UPDATE 2-Tesla wins U.S. antitrust approval to buy SolarCity

WASHINGTON, Aug 25 (Reuters) - Tesla Motors Inc has

won U.S. antitrust approval to buy solar panel installer

SolarCity Corp, the Federal Trade Commission said on

Thursday.

Read more

UPDATE 2-Power outage briefly halts flights to Miami, nearby airports - FAA

WASHINGTON, Aug 25 (Reuters) - The U.S. Federal Aviation

Administration briefly halted flights at Miami International and

nearby airports around noon EDT (1600 GMT) on Thursday following

a power...

Read more

BRIEF-Securities Class Action Against MannKind Dismissed

* U.S. District court for central district of California has

dismissed class action that was pending against Mannkind and two

of executives

Read more

REFILE-Social media giants must do more to police sites - UK lawmakers

LONDON, Aug 25 (Reuters) - Facebook, Twitter

and YouTube should hire more people to monitor hate

speech and material inciting violence as well as putting staff

in police operation centres to remove...

Read more

COLUMN-Heed the warning label on mutual funds - passive is better

CHICAGO, Aug 25 (Reuters) - The warning is posted in fine

print at the bottom of all mutual fund advertisements: "Past

performance does not guarantee future results." The U.S.

Securities and Exchange...

Read more

BRIEF-BTG says received approval from Health Canada for DC Bead Lumi

* Says anticipates securing regulatory clearances for

additional radiopaque bead products in other markets worldwide

Read more

UPDATE 1-China's big P2P platforms shrug off crackdown

HONG KONG/BEIJING, Aug 25 (Reuters) - China's bid to tame

its peer-to-peer (P2P) lending sector could cost smaller

platforms some business, but the impact on larger players will

be limited, and some...

Read more

BRIEF-Arena Pharmaceuticals, Eisai receive 'paragraph IV certification'

* Co and Eisai Inc have received a 'paragraph IV

certification' notification with respect to patents for Belviq

Read more

India government panel clears GM mustard but hurdles remain -sources

NEW DELHI, Aug 25 (Reuters) - A government panel has cleared

commercial use of what would be India's first genetically

modified (GM) food crop, but the political establishment will

still have to give...

Read more

South Africa's Zuma says has confidence in finance minister, can't intervene in probe

JOHANNESBURG, Aug 25 (Reuters) - South African President

Jacob Zuma said on Thursday he has full confidence in Finance

Minister Pravin Gordhan, who is under police investigation over

a suspected spy...

Read more

Mexico energy regulator names firms qualified for deep-water tender

MEXICO CITY, Aug 24 (Reuters) - Mexico's energy regulator

said on Wednesday that 26 companies had qualified to participate

in the country's deep-water oil tender in December, the jewel in

the crown...

Read more

Pizza by drone - unmanned air delivery set to take off in New Zealand

WELLINGTON/SYDNEY, Aug 25 (Reuters) - A New Zealand pizza

chain aims to become the world's first company to offer a

commercial drone delivery service, a milestone in the

once-unthinkable quest to...

Read more

Wednesday, August 24, 2016

UPDATE 2-California legislature passes climate change bills

SAN FRANCISCO, Aug 24 (Reuters) - California lawmakers voted

to extend the state's climate change fighting efforts out to

2030 on Wednesday, giving a new lease on life to the most

ambitious...

Read more

PRESS DIGEST- Financial Times - Aug 25

Aug 25 (Reuters) - The following are the top stories in the

Financial Times. Reuters has not verified these stories and does

not vouch for their accuracy.

Read more

UPDATE 1-Number of U.S. prime funds seen dwindling -iMoneynet

NEW YORK, Aug 24 (Reuters) - The number of prime money funds

in the $2.7 trillion industry, which can invest in corporate

debt in addition to government securities, is forecast to fall

to 264 from...

Read more

BRIEF-Medigus files for mixed shelf of up to $20 mln

* Files for mixed shelf of up to $20 million - sec filing

Source text for Eikon:

Further company coverage:

Read more

UPDATE 2-More U.S. retailers probing phony Egyptian cotton

CHICAGO/NEW DELHI, Aug 24 (Reuters) - U.S. retailer Bed Bath

& Beyond on Wednesday said it ordered an external audit

of textiles from Welspun India, after Target Corp

last week accused the Indian...

Read more

BRIEF-U.S. senators Collins and Mccaskill request information and briefing from Mylan on Epipen pricing within two weeks- CNBC

* U.S. senators Collins and Mccaskill request information

and briefing from Mylan on Epipen pricing within two weeks- CNBC

Read more

BRIEF-Kentucky PSC - Approval of rate adjustment settlement for Kentucky American Water

* Kentucky Public Service Commission says approval of a

settlement granting Kentucky American Water a rate adjustment

for water bills

Read more

Bed Bath & Beyond appoints external auditor to review Welspun India's products

CHICAGO, Aug 24 (Reuters) - Bed Bath & Beyond Inc

said on Wednesday it has appointed an independent auditor to

confirm whether supplier Welspun India Ltd's bedding

products are actually made of...

Read more

South Africa's Gordhan says under "no obligation" to meet police

JOHANNESBURG, Aug 24 (Reuters) - South Africa's Finance

Minister Pravin Gordhan said on Wednesday he was under no

obligation to present himself to police because he was not a

suspect in an...

Read more

BRIEF-Norman Pessin dissolves stake in Cartesian Inc

* Norman Pessin Dissolves Stake In Cartesian Inc As Of

August 23 - Sec filing

Read more

UPDATE 1-U.S. SEC charges 71 muni issuers for misleading investors

Aug 24 (Reuters) - The U.S. Securities and Exchange

Commission has charged 71 municipal bond issuers, including the

states of Hawaii and Minnesota, as well as related entities, for

using offering...

Read more

BRIEF-Evgen Pharma granted orphan drug designation for stabilised sulforaphane

* FDA granted company orphan drug designation for use of

stabilised sulforaphane for treatment of subarachnoid

haemorrhage

Source text for Eikon:

Further company coverage:

Read more

UPDATE 1-Germany urges people to store staples in case of terrorism, national emergency

BERLIN, Aug 24 (Reuters) - Germany has told its citizens to

stock up on water and food in the event of a terrorist attack or

national catastrophe and be ready to support the military in the

country's...

Read more

BRIEF-Biopharmx enrolls first subject in OPAL Phase 2B clinical trial

* Biopharmx enrolls first subject in OPAL Phase 2B clinical

trial of bpx-01 topical minocycline for treatment of acne

Read more

MONEY MARKETS-Three-month dollar Libor unchanged

NEW YORK, Aug 24 (Reuters) - A closely watched measure of

the cost for banks to borrow dollars was unchanged for a second

day on Wednesday, holding at a seven-plus year high due to

reduced demand for...

Read more

Tuesday, August 23, 2016

BRIEF-Pacific Exploration And Production announces court order sanctioning its restructuring transaction

* Announces court order sanctioning its restructuring

transaction

Read more

UPDATE 1-U.S. trade judge clears Fitbit of stealing Jawbone's trade secrets

NEW YORK, Aug 23 (Reuters) - Fitbit Inc did not

steal rival Jawbone's trade secrets, a U.S. International Trade

Commission judge ruled on Tuesday, dashing Jawbone's hopes of

securing an import ban...

Read more

CORRECTED-BRIEF-Pharmstandard International reports open market purchase of 53,524 shares of Argos Therapeutics at avg price of $4.23/shr

* Pharmstandard International SA reports open market

purchase of 53,524 shares of co's common stock at average price

of $4.23 per share on Aug. 19

Read more

BRIEF-Fujifilm submits final PMA module for digital breast tomosynthesis

* Submitted to FDA final module of PMA for digital breast

tomosynthesis (DBT)

Source text for Eikon:

Further company coverage:

Read more

BRIEF-Comscore - WPP Plc reports open market purchase of 60,000 shares of co's common stock at $27.56/share on Aug 19

* WPP Plc reports open market purchase of 60,000 shares of

co's common stock at average price of $27.56per share on aug 19

- sec filing

Read more

US CBO says budget deficit to reach $590 bln for fiscal 2016

WASHINGTON, Aug 23 (Reuters) - The U.S. budget deficit is

expected to grow to $590 billion in fiscal year 2016 due to

slower than expected growth in revenues and higher spending for

programs...

Read more

BRIEF-Connectone bancorp files for mixed shelf of upto $50 mln

* Files for mixed shelf of upto $50 million - sec filing

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

Further company coverage:

Read more

VW, states agree to hold settlement talks over environmental claims

Aug 23 (Reuters) - Volkswagen AG and several

U.S. states that sued the German automaker seeking hundreds of

millions of dollars in damages for state law violations agreed

to hold settlement talks,...

Read more

UPDATE 1-U.S. Trade Rep approves import ban on Arista devices, says rival Cisco

NEW YORK, Aug 23 (Reuters) - The U.S. Trade Representative

has upheld an import ban on Arista Networks Inc's

ethernet switches following a federal commission's finding in

June that the company's...

Read more

Deals of the day- Mergers and acquisitions

Aug 23 (Reuters) - The following bids, mergers, acquisitions

and disposals were reported by 1400 GMT on Tuesday:

Read more

Import ban on Arista devices approved by USTR, Cisco says

NEW YORK, Aug 23 (Reuters) - The U.S. Trade Representative

has upheld an import ban against certain Arista Networks Inc

products following a June decision by a federal trade

agency finding that the...

Read more

Bosch rejects diesel allegations as 'wild and unfounded'

Aug 23 (Reuters) - Auto supplier Robert Bosch GmbH

said claims it was a knowing participant in Volkswagen's

decade-long scheme to evade U.S. anti-pollution laws were "wild

and unfounded."

Read more

South Africa sugar tax will hit economy and jobs, says lobby group

JOHANNESBURG, Aug 23 (Reuters) - A South African business

lobby group warned on Tuesday that a proposed tax on sugary

drinks will hurt the economy and lead to job losses, an

assertion tossed aside by...

Read more

BRIEF-Labcorp's acquisition of Sequenom clears antitrust review

Aug 23 (Reuters) - Laboratory Corporation Of America

Holdings :

Read more

MONEY MARKETS-3-month dollar Libor holds at 7-year high

NEW YORK, Aug 23 (Reuters) - A closely watched measure of

the cost for banks to borrow dollars was unchanged on Tuesday,

holding at a seven-plus year high amid reduced demand for bank

debt among U.S....

Read more

UPDATE 3-Taiwan probes Mega Financial after U.S. money laundering-related fine

* Bank fined $180 mln for AML violations, lax Panama

oversight

Read more

BRIEF-Rusoro awarded $967.77 mln by an ICSID additional facility tribunal

* Rusoro awarded US$967.77 million by an ICSID additional

facility tribunal for the expropriation of its investments in

Venezuela

Read more

UPDATE 2-UK court says SABMiller shareholders can be split into two classes

* UK court ruling effectively raises investor approval

hurdle

Read more

INSIGHT-How a Ukrainian reform backfired, opening a new door to fraud

BARYSHIVKA, Ukraine, Aug 23 (Reuters) - The goal was to make

Ukraine more friendly for investors by reducing red tape. But

reforms that loosened the rules for registering ownership of

assets have...

Read more

BRIEF-SAB says investors Altria, BEVCO to vote on AB InBev deal separately

* Result of this is that Altria and BEVCO will consent to UK

scheme separately and will not vote with other SABMiller

shareholders

Read more

BRIEF-AB InBev notes result of SABMiller's UK court hearing

* Result of SABMiller UK court directions hearing

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom)

Read more

RPT-COLUMN-Tin mining - Cornish dreams and Myanmar reality: Andy Home

LONDON, Aug 22 (Reuters) - Hope springs eternal in Cornwall

when it comes to reviving tin mining in this southwestern corner

of the United Kingdom.

Read more

Monday, August 22, 2016

PRESS DIGEST- Financial Times - Aug 23

Aug 23 (Reuters) - The following are the top stories in the

Financial Times. Reuters has not verified these stories and does

not vouch for their accuracy.

Read more

UPDATE 1-CME Group urgently suspends trader for spoofing

CHICAGO, Aug 22 (Reuters) - CME Group Inc urgently

suspended a futures trader from its markets for spoofing on

Monday, the exchange operator said, the latest regulatory action

over the manipulative...

Read more

Brazil's Ser hires lawyers to fight Kroton-Estacio merger - source

SAO PAULO, Aug 22 (Reuters) - Ser Educacional SA,

Brazil's third-largest listed for-profit education company, has

hired lawyers to lobby against a merger of two larger rivals,

according to a source...

Read more

BRIEF-Big 5 sporting goods - Stadium Capital Partners Lp reports open market sale of 11,656 shares of co's common stock at $12.93/share

* Stadium Capital Partners Lp reports open market sale of

11,656 shares of co's common stock at average price of $12.93per

share on Aug 18

Read more

CME Group suspends gold, natural gas trader for spoofing

CHICAGO, Aug 22 (Reuters) - CME Group Inc on Monday

suspended from its markets a futures trader who used the

manipulative practice known as spoofing and was suspected of

money laundering, the...

Read more

BRIEF-Puma Biotechnology's marketing authorization application for neratinib validated by EMA

* Marketing authorization application for neratinib has been

validated by European Medicines Agency

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

Further company coverage:

Read more

BRIEF-Lpath files for mixed shelf of up to $10 mln - SEC filing

* Files for mixed shelf of up to $10 million - SEC filing

Source text for Eikon:

Further company coverage:

Read more

UPDATE 1-U.S. appeals court declines to reconsider Bank of America ruling

NEW YORK, Aug 22 (Reuters) - A U.S. appeals court refused on

Monday to reconsider its decision to overturn a $1.27 billion

penalty against Bank of America Corp and a jury verdict

finding it liable...

Read more

Wells Fargo to pay $4.1 mln for illegal student loan practices-CFPB

Aug 22 (Reuters) - A Wells Fargo & Co unit will pay a total

of $4.1 million to settle charges that it engaged in illegal

private student loan servicing practices that unfairly penalized

certain...

Read more

BRIEF-Trade Desk Inc files for an IPO of upto $86.3 mln

* says applied to list Class A common stock on Nasdaq Global

Market under the symbol "TTD"

Read more

UPDATE 1-British PM faces struggle to keep executive pay in check

* Data shows binding pay policy votes little used

(Adds Parry on plans for employees 'representation on the

board)

Read more

U.S. driving hits record in 2016

WASHINGTON, Aug 22 (Reuters) - U.S. drivers logged a record

1.58 trillion miles in the first six months of 2016, up 3.3

percent over the same period in 2015, the Transportation

Department said Monday.

Read more

BRIEF-U.S. HHS awards $2.6 mln to Diasorin group to develop Zika test

Aug 22 (Reuters) - U.S. Department of Health and Human

Services

Read more

CORRECTED-BRIEF-Jamba CEO Pace buys 7,500 shares of co's common stock

* Jamba Inc - CEO David Pace reports open market

purchase of 7,500 shares of co's common stock on Aug 19 at

$11.47 per share - sec filing

Source text: http://bit.ly/2bJw1bL

Further company coverage:

Read more

UPDATE 1-German exports to Iran soar after removal of sanctions

* High demand for 'Made in Germany' goods from Islamic

Republic

Read more

BRIEF-Regeneron announces agreement with BARDA

* Regeneron announces agreement with BARDA for the

manufacturing and testing of new antibodies against MERS virus

Read more

Russian EconMin: govt "to do its best" to privatise Rosneft in 2016

SHCHETINKA, Russia, Aug 22 (Reuters) - Russia's government

should do its best to privatise a stake in the nation's largest

oil producer Rosneft this year, Russian Economy

Minister Alexei Ulyukayev...

Read more

BRIEF-Amira Nature Foods says court granted motion to dismiss class action lawsuit

* Court granted company's motion to dismiss class action

lawsuit

Source text for Eikon:

Further company coverage:

Read more

EU mergers and takeovers (Aug 22)

BRUSSELS, Aug 22 (Reuters) - The following are mergers under

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

merger process:

Read more

BRIEF-Pfizer to acquire Medivation for about $14 bln

* Medivation agrees to transaction valued at $81.50 per

Medivation share in cash, for a total enterprise value of

approximately $14 billion

Read more

UPDATE 5-U.S. clearance for ChemChina deal sends Syngenta stock soaring

* Syngenta shares gain 11 percent in early trade

(Adds Syngenta comment, updates shares)

Read more

BRIEF-Audit on OHL Mexico deal finds irregularities for $16 mln

* Says Mexican watchdog finds bidding for Viaducto Elevado

Bicentenario deal was carried out according to rules

Read more

Sunday, August 21, 2016

RPT--In Egypt, IMF deal brings austerity few can afford

CAIRO, Aug 20 (Reuters) - A few years ago Imad would not

have imagined himself queuing in the Cairo sun for a weekly

ration of subsidised baby milk. But rising prices mean his civil

servant's salary...

Read more

RPT-Naming of new RBI chief shows Modi government regains composure after Rajan shock

* Modi did not interview candidates, but knows and likes

Patel

Read more

U.S. watchdog clears ChemChina takeover of Syngenta

ZURICH, Aug 22 (Reuters) - A U.S. regulator has cleared

ChemChina's blockbuster takeover of Swiss pesticides and seeds

group Syngenta, the companies said on Monday.

Read more

Naming of new RBI chief shows Modi government regains composure after Rajan shock

* Modi did not interview candidates, but knows and likes

Patel

Read more

Health official warns Zika could spread across U.S. Gulf

Aug 21 (Reuters) - One of the top U.S. public health

officials on Sunday warned that the mosquito-borne Zika virus

could extend its reach across the U.S. Gulf Coast after

officials last week...

Read more

Mexico-U.S air transport deal begins in bid to boost competition

MEXICO CITY, Aug 21 (Reuters) - An air transport deal

between Mexico and the United States that aims to boost

competition in the passenger and freight sectors came into force

on Sunday, Mexico's...

Read more

NEWSMAKER-Solitary by nature, India's new central bank head steps into spotlight

MUMBAI, Aug 20 (Reuters) - India's incoming central bank

governor, Urjit Patel, is widely regarded as having the

professional and academic credentials he needs to make a success

of his new job.

Read more

Saturday, August 20, 2016

UPDATE 3-India taps insider Patel as central bank head, seeking continuity

* RBI staffers describe Patel as abrasive character

(Updates with quotes, details, background)

Read more

REFILE-In Egypt, IMF deal brings austerity few can afford

CAIRO, Aug 20 (Reuters) - A few years ago Imad would not

have imagined himself queuing in the Cairo sun for a weekly

ration of subsidised baby milk. But rising prices mean his civil

servant's salary...

Read more

Friday, August 19, 2016

UPDATE 1-JPMorgan ends WaMu disputes with FDIC, to receive $645 mln

Aug 19 (Reuters) - JPMorgan Chase & Co on Friday

said it will receive $645 million in a settlement of litigation

with the Federal Deposit Insurance Corp and Deutsche Bank AG

arising from its...

Read more

UPDATE 1-Brazil's Temer meets key lawmakers to back fiscal measures

BRASILIA, Aug 19 (Reuters) - Brazil's interim President

Michel Temer and his economic team met with senior lawmakers on

Friday to urge them to pass austerity measures stuck in Congress

amid pressure...

Read more

BRIEF-Pacific Gas & Electric says CPUS approves modified decision on investigation

* On Aug 18 CPUC approved modified decision issued on Aug 17

in its investigation into Pacific Gas And Electric Co-sec filing

Read more

BRIEF-FDA approves Pfizer's TROXYCA ER extended-release capsules CII for pain management

* FDA approves TROXYCA ER (oxycodone hydrochloride and

naltrexone hydrochloride) extended-release CAPSULES CII with

abuse-deterrent properties for the management of pain

Source text for Eikon:...

Read more

UPDATE 2-AT&T, Apple, Google to work on 'robocall' crackdown

WASHINGTON, Aug 19 (Reuters) - More than 30 major technology

and communication companies said on Friday they are joining the

U.S. government to crack down on "robocalls," automated,

prerecorded phone...

Read more

UPDATE 3-Zika spreads to Miami Beach, U.S. expands travel warning

MIAMI/CHICAGO, Aug 19 (Reuters) - Federal health officials

on Friday warned pregnant women not to travel to trendy Miami

Beach after Florida confirmed that the mosquito-borne Zika virus

was active in...

Read more

Exxon Mobil defends handling of Torrance refinery outage

HOUSTON, Aug 19 (Reuters) - Exxon Mobil has defended

its handling of an outage at its Los Angeles refinery following

a blast in February 2015 after a prominent trading company told

a state commission...

Read more

IEX's 'Flash Boys' exchange goes live, aims to disrupt market

NEW YORK, Aug 19 (Reuters) - IEX Group, the upstart trading

venue featured in Michael Lewis's book "Flash Boys: A Wall

Street Revolt," began operations as a public stock exchange on

Friday after more...

Read more

UPDATE 1-FXCM says notified CFTC, NFA of January 2015 capital shortfall

NEW YORK, Aug 19 (Reuters) - U.S. retail broker Forex

Capital Markets said on Friday it promptly notified the

Commodity Futures Trading Commission and the National Futures

Association of its capital...

Read more

FXCM says promptly notified CFTC of January 2015 capital shortfall

NEW YORK, Aug 19 (Reuters) - U.S.-based retail broker Forex

Capital Markets said on Friday it promptly notified the

Commodity Futures Trading Commission and the National Futures

Association of its...

Read more

Foreign banks storm dollar market in search of cheaper funding

NEW YORK, Aug 19 (IFR) - Yankee bank issuance has soared

this month as tighter spreads, favourable currency moves and

huge demand for higher-yielding US assets has lowered the cost

of borrowing in US...

Read more

Geo Group says Bureau of Prisons rescinds contract renewal

Aug 19 (Reuters) - Private prison operator Geo Group Inc

said the Federal Bureau of Prisons (BOP) rescinded a

previously granted extension to operate a facility after

renewing the contract.

Read more

Mexico postpones 2.5 Ghz band tender for 1 year -regulator

MEXICO CITY, Aug 19 (Reuters) - Mexico will delay bidding

for a year on its 2.5 Gigahertz (Ghz) broadcast spectrum, which

is ideal for servicing data-hungry devices like tablets and

smartphones, a...

Read more

UPDATE 1-Suppliers blame VW as contract dispute hits production

* Supplier dispute has led to shortened working hours

(Adds detail, context)

Read more

Brazil's Eletropaulo sees end to $774 mln debt dispute -Valor

SAO PAULO, Aug 19 (Reuters) - Eletropaulo Metropolitana de

São Paulo SA, Brazil's No. 1 power distributor by volume,

expects to soon resolve a 28-year legal dispute with

state-controlled Centrais...

Read more

BRIEF-UPS files for potential floating rate senior notes due 2066

* Files for potential floating rate senior notes due 2066;

size not disclosed - SEC filing

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

Further company coverage:

Read more

BRIEF-Tencent's unit, Huang River purchases 8.02 mln JD.com ADSs

* Tencent's unit, Huang River Investment reports 21.25 pct

stake in JD.com as of August 17-SEC filing

Read more

BRIEF-Geo Group says Federal Bureau of Prisons renewed contract for correctional facility

* The Geo group announces contract renewal by the federal

bureau of prisons for the D. Ray James correctional facility

Read more

BRIEF-CCA responds to U.S. decision to phase out federal use of private prisons

* Responds To BOP Decision To Amend Car 16 Solicitation By

Reducing Previously Announced 10,800 Contract Beds To 3,600

Contract Beds

Read more

EU mergers and takeovers (Aug 19)

BRUSSELS, Aug 19 (Reuters) - The following are mergers under

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

merger process:

Read more

PRESS DIGEST- New York Times business news - Aug 19

Aug 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

Thursday, August 18, 2016

UPDATE 1-Australia denies banks interim approval to jointly negotiate with Apple on payment apps

SYDNEY, Aug 19 (Reuters) - Australia's anti-trust regulator

on Friday said it would not grant the country's three biggest

banks interim approval to collectively negotiate with Apple Inc

to install...

Read more

Australia denies banks interim approval to jointly negotiate with Apple on payment apps

SYDNEY, Aug 19 (Reuters) - Australia's anti-trust regulator

on Friday said it would not grant the country's three biggest

banks interim approval to collectively negotiate with Apple Inc

to install...

Read more

RPT-COLUMN-Copper - a tale of two South American producers: Andy Home

LONDON, Aug 18 (Reuters) - Copper is underperforming every

other major base metal so far this year.

Read more

Short-sellers smell blood as Japan Inc wounded by accounting scandals

* Short sellers shifting focus from Chinese companies to

Japan

Read more

UPDATE 4-U.S. to phase out federal use of private prisons

WASHINGTON, Aug 18 (Reuters) - The U.S. Justice Department

announced plans on Thursday to phase out its use of privately

operated prisons, calling them less safe and a poor substitute

for...

Read more

CFTC sues FXCM over prior capital shortfall, customer guarantees

NEW YORK, Aug 18 (Reuters) - The U.S. Commodity Futures

Trading Commission on Thursday said it filed a civil lawsuit

against retail broker Forex Capital Markets LLC, saying

it was under-capitalized...

Read more

UPDATE 2-U.S. judge rejects Uber's driver expenses settlement

SAN FRANCISCO, Aug 18 (Reuters) - A U.S. judge on Thursday

rejected an attempt by Uber Technologies Inc to settle a class

action lawsuit with drivers who claimed they were employees

entitled to...

Read more

FDA widens use of Edwards' devices for heart valve replacement

Aug 18 (Reuters) - The U.S. Food and Drug Administration has

widened the use of Edwards Lifesciences Corp's heart

valves to patients at intermediate risk of complications if they

underwent open heart...

Read more

Vitol says Exxon Mobil lacked 'transparency' during Torrance outage

HOUSTON, Aug 18 (Reuters) - Swiss commodity trader Vitol SA

criticized Exxon Mobil Corp this week for

failing to be transparent about maintenance at its Los Angeles

refinery following a February...

Read more

U.S. says Deutsche Bank to appoint swaps monitor after April outage

NEW YORK, Aug 18 (Reuters) - Deutsche Bank AG on

Thursday agreed to retain a monitor to ensure it reports swaps

data properly, to resolve U.S. regulatory charges over its

handling of an April 16...

Read more

Online U.S. cattle auctions set to resume as gov't examines markets

CHICAGO, Aug 18 (Reuters) - An online U.S. cattle auction

that ranchers and traders hope will restore transparency to

livestock pricing and reduce volatility in futures contracts is

set to resume...

Read more

BRIEF-FDA approves expanded indication for Sapien XT and Sapien 3 transcatheter heart valves

* U.S. Food and Drug Administration today approved an

expanded indication for the Sapien XT and Sapien 3 transcatheter

heart valves

Read more

Twitter suspended 360,000 accounts for 'promotion of terrorism' in a year

Aug 18 (Reuters) - Twitter Inc said it had shut

down 360,000 accounts related to "promotion of terrorism" since

the middle of 2015, the company said in a blog post on Thursday.

Read more

UPDATE 1-T. Rowe Price sues Valeant over "fraudulent scheme"

Aug 18 (Reuters) - T. Rowe Price Group Inc has sued

Valeant Pharmaceuticals International Inc ,

alleging that investors in the Canadian drugmaker lost billions

of dollars as a result of the company's...

Read more

BRIEF-UK's CMA says accepted Hain's proposed undertakings in Orchard House deal

Aug 18 (Reuters) - UK's Competition and Markets Authority

(CMA):

Read more

U.S. sues Harley-Davidson for environmental violations

Aug 18 (Reuters) - The U.S. Justice Department has sued

Harley-Davidson Inc for allegedly violating

environmental laws, court filings showed on Thursday.

Read more

Coke bottler to rethink South Africa spending plans due to sugar tax

JOHANNESBURG, Aug 18 (Reuters) - Africa's biggest Coke

bottler, Coca-Cola Beverages Africa, will rethink its spending

plans in South Africa if Pretoria's proposed tax on sugary

drinks gets the green...

Read more

BRIEF-Caterpillar reports retail statistics of machines for 3-month rolling period

* World dealer reported retail statistics of machines for

3-month rolling period ended July 2016 down 19 percent

Read more

UPDATE 1-Volvo and Uber team up to develop self-driving cars

STOCKHOLM, Aug 18 (Reuters) - Volvo Car Group has agreed a

$300 million alliance with Uber to develop self-driving cars,

the latest move by traditional vehicle manufacturers to team up

with Silicon...

Read more

BRIEF-Chesapeake Energy- Director reports purchase of 50,000 common shares

* Director Thomas Ryan reports open market purchase of

50,000 shares of co's common stock at average price of $5.60 per

share on August 17

Source: (http://bit.ly/2b6xMiH)

Further company coverage:

Read more

PRESS DIGEST - Canada - Aug 18

Aug 18 (Reuters) - The following are the top stories from

selected Canadian newspapers. Reuters has not verified these

stories and does not vouch for their accuracy.

Read more

Volvo and Uber team up to develop self-driving cars

STOCKHOLM, Aug 18 (Reuters) - Volvo Car Group has agreed a

$300 million alliance with Uber to develop self-driving cars,

the latest move by traditional vehicle manufacturers to team up

with Silicon...

Read more

COLUMN-Copper - a tale of two South American producers: Andy Home

LONDON, Aug 18 (Reuters) - Copper is underperforming every

other major base metal so far this year.

Read more

ICE says British watchdog's concerns about Trayport takeover not justified

Aug 18 (Reuters) - Financial and commodity markets operator

Intercontinental Exchange (ICE) said on Thursday that

British competition authorities' concerns about its $650 million

takeover of Trayport...

Read more

Indonesian government approves Newmont Nusa Tenggara deal - official

JAKARTA, Aug 18 (Reuters) - Indonesia's government has

approved an Indonesian investor group's bid to buy control of

Newmont Nusa Tenggara (NNT), which operates the country's

second-biggest copper...

Read more

Wednesday, August 17, 2016

UPDATE 1-ResMed seeks patent injunction on Fisher & Paykel Healthcare

WELLINGTON, Aug 18 (Reuters) - ResMed Inc said on

Thursday it has filed legal action to stop the alleged

infringement of its patented technology by New Zealand-based

medical device manufacturer...

Read more

PRESS DIGEST- British Business - Aug 18

Aug 18 (Reuters) - The following are the top stories on the

business pages of British newspapers. Reuters has not verified

these stories and does not vouch for their accuracy.

Read more

UPDATE 1-VW's key plant hit by parts shortage in supplier row

* Kassel component plant also hit by supplies shortage

(Adds report saying Wolfsburg supplies only to last the week)

Read more

Brazil seizes $655 mln in assets from Odebrecht, OAS, executives

SAO PAULO, Aug 17 (Reuters) - Brazil's federal auditing

court TCU ordered on Wednesday the seizure of about 2.1 billion

reais ($655 million) worth of assets from engineering firms

Odebrecht SA and...

Read more

Ex-Insys employees plead not guilty in U.S. drug-kickback case

NEW YORK, Aug 17 (Reuters) - Two former Insys Therapeutics

Inc employees pleaded not guilty on Wednesday to

charges that they engaged in a scheme to pay doctors kickbacks

including speaker fees to...

Read more

U.S. senator expresses concern about ag tech mergers

WASHINGTON, Aug 17 (Reuters) - Two major mergers in

agricultural technology and seeds could hurt competition in the

industry and make it harder for smaller companies to compete,

Senator Charles...

Read more

BRIEF-Quidel gets FDA clearance for Solana Trichomonas assay

* Quidel receives FDA clearance for its Solana Trichomonas

assay for diagnosis of trichomoniasis

Read more

UPDATE 1-Tobacco companies get partial win in U.S. FDA labeling fight

NEW YORK, Aug 17 (Reuters) - Tobacco companies notched a

partial victory in a lawsuit challenging the U.S. Food and Drug

Administration's authority to require pre-clearance for tobacco

products with...

Read more

UPDATE 2-Monsanto gives Bayer limited access to its books -sources

* Bayer has no appetite to go hostile but talks difficult

-sources

(Adds Monsanto CEO comment)

Read more

BRIEF-Johnson & Johnson announces ruling related to Remicade

* Johnson & Johnson announces ruling related to Remicade in

the District of Massachusetts Federal Court hearing

Read more

UPDATE 2-Ex-Wall Street banker convicted for giving father insider tips

NEW YORK, Aug 17 (Reuters) - An ex-Wall Street investment

banker was convicted on Wednesday of engaging in insider trading

by tipping his father off to unannounced healthcare mergers, a

victory for...

Read more

UPDATE 2-Aetna warned it would cut Obamacare if Humana deal was blocked

NEW YORK, Aug 17 (Reuters) - Aetna Inc warned in

July that it would exit much of the individual Obamacare health

insurance market if the government challenged its deal to buy

rival Humana Inc,...

Read more

CORRECTED-UPDATE 1-Canada's Performance Sports Group faces SEC investigation

Aug 17 (Reuters) - Canada's Performance Sports Group Ltd

said on Wednesday it was facing an

investigation by the U.S. securities regulator, two days after

the sports equipment maker said it was...

Read more

UPDATE 2-Canada's Performance Sports Group faces SEC investigation

Aug 17 (Reuters) - Canada's Performance Sports Group Ltd

said on Wednesday it faced an investigation by

the U.S. Securities and Exchange Commission, two days after the

sports equipment maker said...

Read more

UPDATE 1-Canada's Performance Sports Group faces SEC investigation

Aug 17 (Reuters) - Canada's Performance Sports Group Ltd

said on Wednesday it was facing an

investigation by the U.S. securities regulator, two days after

the sports equipment maker said it was...

Read more

BRIEF-Female Health and Aspen Park announce FDA clears pathway for expedited development of proprietary drug

* Female Health Company and Aspen Park Pharmaceuticals

announce FDA clears pathway for expedited development of

proprietary drug

Read more

BRIEF-Cancer Genetics receives New York state approval for Focus::Myeloid NGS-based panel

* Received New York state approval for its Focus::Myeloid

NGS-based panel for Myeloid malignancies

Source text for Eikon:

Further company coverage:

Read more

Russian court turns down appeal from Google in anti-monopoly case

MOSCOW, Aug 17 (Reuters) - A Russian court on Wednesday

turned down an appeal from Google in an anti-monopoly

case over pre-installed applications on mobile devices running

the Android operating...

Read more

BRIEF-Westlake Chemical provides update on pending acquisition of Axiall Corporation

* Westlake Chemical provides an update on the pending

acquisition of Axiall Corporation

Read more

PRESS DIGEST- Financial Times - Aug 17

Aug 17 (Reuters) - The following are the top stories in the

Financial Times. Reuters has not verified these stories and does

not vouch for their accuracy.

Read more

China says cyber rules no cause for foreign business concern

BEIJING, Aug 17 (Reuters) - China's pending cyber security

law will not create obstacles for foreign business, China's

Foreign Ministry said, responding to concerns by international

business lobbies...

Read more

Tuesday, August 16, 2016

UPDATE 2-U.S. charges Gabonese man for bribe scheme involving hedge fund

NEW YORK, Aug 16 (Reuters) - A Gabonese man who consulted

for a joint venture involving a U.S. hedge fund was arrested on

Tuesday on charges that he participated in a scheme to bribe

officials in...

Read more

PRESS DIGEST- British Business - Aug 17

Aug 17 (Reuters) - The following are the top stories on the

business pages of British newspapers. Reuters has not verified

these stories and does not vouch for their accuracy.

Read more

Banks, Moelis-led bondholders discuss Brazil's Oi debt relief, source says

SAO PAULO, Aug 16 (Reuters) - Banks and bondholders

accounting for more than half the 65.4 billion reais ($20

billion) that Oi SA owes could propose a five-year grace period

and lower borrowing costs...

Read more

UPDATE 1-U.S. judge to order review of prison recordings after complaints

KANSAS CITY, Kan., Aug 16 (Reuters) - A federal judge in

Kansas agreed on Tuesday to order an independent investigation

into whether prosecutors violated attorney-client privilege by

obtaining video...

Read more

U.S. coal regulator boosts campaign to fix 'outdated' cleanup rules

CHICAGO, Aug 16 (Reuters) - A leading U.S. coal regulator

announced plans on Tuesday to toughen what it called

"out-of-date" rules for guaranteeing mine cleanups.

Read more

UPDATE 2-U.S. SEC cracks down on severance agreements that deter whistleblowing

WASHINGTON, Aug 16 (Reuters) - For the second time in less

than a week, U.S. securities regulators on Tuesday filed civil

charges against a company for inserting language into its

severance...

Read more

Ex-State Street executive waives extradition proceedings to face charges

Aug 16 (Reuters) - A former State Street Corp

executive has waived his right to UK extradition proceedings to

face U.S. charges that he participated in a scheme to defraud

six clients through secret...

Read more

U.S. consumer agency faces heat on financial arbitration rules

WASHINGTON, Aug 16 (Reuters) - A U.S. agency's plans to ban

forced arbitration clauses from financial contracts faces a

tough road, with early reaction pointing to a years-long battle

that could take...

Read more

UPDATE 1-U.S. senators quiz airlines on IT systems after Delta disruption

WASHINGTON, Aug 16 (Reuters) - Two U.S. senators on Tuesday

sent letters to 13 major airlines expressing concerns that their

information technology systems are vulnerable to outages that

can strand...

Read more

UPDATE 1-US regulators to unveil final rule on truck emissions limits-source

WASHINGTON, Aug 16 (Reuters) - U.S. regulators on Tuesday

will announce final regulations setting fuel efficiency

standards on medium- and heavy-duty trucks through 2027 that

will cut 1.1 billion...

Read more

US CFTC bars Steven Cohen from managing commodity hedge funds

WASHINGTON, Aug 16 (Reuters) - U.S. derivatives regulators

said on Tuesday they have barred billionaire SAC Capital

Advisors founder Steven A. Cohen from registering and managing

commodity hedge...

Read more

U.S. regulators to unveil final rule on truck emissions limits

WASHINGTON, Aug 16 (Reuters) - U.S. regulators on Tuesday

will announce final regulations setting fuel efficiency

standards on medium- and heavy-duty trucks through 2027 that

will cut 1.1 billion...

Read more

BRIEF-Arch Capital enters into bridge credit agreement with Credit Suisse AG, Cayman Islands branch, as administrative agent, initial lender

* Plans to use net proceeds from bridge credit to pay cash

consideration and fees of acquisition of AIG's

mortgage-insurance unit

Read more

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

* Files for potential senior notes offering; size not

disclosed - SEC filing

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

Further company coverage:

Read more

BRIEF-Rand Logistics Inc files for non-timely 10-Q

* Do not expect to revise any of operating results announced

on august 16, 2016

Source text : http://bit.ly/2bk3Z9I

Further company coverage:

Read more

BRIEF-Bovie receives U.S. FDA 510(k) clearance for its Plazxact ablator

* Bovie medical receives FDA 510(k) clearance for its

'plazxact(tm)' ablator

Read more

UK watchdog says may revoke ICE's $650 mln Trayport takeover

LONDON, Aug 16 (Reuters) - Financial and commodity markets

operator Intercontinental Exchange should consider

reversing its $650 million takeover of commodities trading

software house Trayport to...

Read more

REFILE-EU mergers and takeovers (Aug 16)

BRUSSELS, Aug 16 (Reuters) - The following are mergers under

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

merger process:

Read more

In a shift, Bangladesh Bank says no plans to sue Fed, SWIFT

DHAKA/NEW YORK, Aug 16 (Reuters) - Bangladesh's central bank

said it has reversed its plans to sue the Federal Reserve Bank

of New York and the SWIFT money transfer network, and instead

intends to...

Read more

Brexit, seasonal factors increased demand for FX in July - China FX regulator

BEIJING, Aug 16 (Reuters) - The impact of Brexit and

seasonal factors increased demand for foreign exchange in July,

China's forex regulator said on Tuesday.

Read more

Russia to decide in autumn whether to top up sovereign Eurobond issue - FinMin

MOSCOW, Aug 16 (Reuters) - Russia's Finance Ministry will

decide in autumn whether to top up sovereign Eurobond issue,

Konstantin Vyshkovsky, head of the ministry's debt department,

told Reuters.

Read more

UPDATE 1-Aetna pulls back on Obamacare health insurance plans in 2017

NEW YORK, Aug 15 (Reuters) - Aetna Inc, the No. 3

U.S. health insurer, on Monday said that due to persistent

financial losses on Obamacare plans, it will sell individual

insurance on the...

Read more

Monday, August 15, 2016

UPDATE 2-Praxair in talks to acquire Linde- source

Aug 15 (Reuters) - U.S. industrial gas supplier Praxair Inc

is in early-stage talks to acquire German peer Linde AG

and create the biggest company in their sector with a

market value of more than...

Read more

BRIEF-Jura Energy announces settlement of disputes with Petroleum Exploration Ltd

* Recognized provision for loss on settlement amounting to $

7.6 million in its financial statements for qtrly and six months

ended june 30, 2016

Read more

UPDATE 1-VW, U.S. Justice Dept discuss settling criminal probe -sources

WASHINGTON, Aug 15 (Reuters) - Volkswagen AG and

the U.S. Justice Department have held preliminary settlement

talks about resolving a criminal probe into the automaker's

diesel emissions scandal, two...

Read more

BRIEF-Aratana Therapeutics granted FDA approval of Nocita

* Aratana Therapeutics granted FDA approval of Nocita

(bupivacaine liposome injectable suspension)

Read more

UPDATE 1-U.S. lawsuit says United denied benefits to pilot on active duty

Aug 15 (Reuters) - United Airlines Inc was accused in a U.S.

government lawsuit on Monday of wrongly denying employment

benefits to a pilot who was called to active duty by the U.S.

Air Force, where...

Read more

BRIEF-China Commercial Credit files for non-timely 10-Q

* Requires additional time to work with auditors and legal

counsel to prepare and finalize form 10-q

Read more

MONEY MARKETS-U.S. dollar funding pressure eases a tad

NEW YORK, Aug 15 (Reuters) - The scramble among banks for

U.S. dollars cooled a bit on Monday as a closely watched gauge

on what they charge each other to borrow greenbacks for three

months posted...

Read more

BRIEF-American Lorain files for non-timely 10-Q

* Says anticipates filing its form 10-Q on or before the

fifth calendar day following the prescribed due date

Read more

BRIEF-EDWARDS INTUITY Elite Rapid Deployment Valve receives FDA approval

* Edwards INTUITY Elite Rapid Deployment Valve receives FDA

approval

Source text for Eikon:

Further company coverage:

Read more

BRIEF-Bancorpsouth says FDIC expects to begin next CRA evaluation later this year

* FDIC expects to begin its next CRA evaluation of bank

later this year and to complete that evaluation during q1 of

2017

Read more

BRIEF-Aveo initiates evaluation of Tivozanib in combination with Bristol-Myers Squibb's opdivo in advanced renal cell carcinoma

* Initiates Evaluation Of Tivozanib In Combination With

Bristol Myers Squibb's Opdivo (nivolumab) in advanced renal

cell carcinoma

Read more

EU mergers and takeovers (Aug 15)

BRUSSELS, Aug 15 (Reuters) - The following are mergers under

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

merger process:

Read more

Sunday, August 14, 2016

PRESS DIGEST- British Business - Aug 15

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

RPT-Dissolved and dormant firms in EuroFX mystery

LONDON, Aug 12 (Reuters) - UK companies that have been

dissolved or are dormant face minimal disclosure requirements

and often have a pre-existing bank account. This can be used to

run cash through...

Read more

RPT-HK analyst eviction fuels fears that negative research being muffled

HONG KONG, Aug 14 (Reuters) - The ejection of an analyst

from a company briefing in Hong Kong last week has laid bare the

pressure on negative research in the Asian financial hub,

fuelling concern...

Read more

HK analyst eviction fuels fears that negative research being muffled

HONG KONG, Aug 14 (Reuters) - The ejection of an analyst

from a company briefing in Hong Kong last week has laid bare the

pressure on negative research in the Asian financial hub,

fuelling concern...

Read more

RPT-SPECIAL REPORT-How British firms built a pyramid scheme in China that lost millions

SHANGHAI, China, Aug 12 (Reuters) - As David Byrne ate

breakfast at the Tongli Lakeview Hotel outside Shanghai one

Sunday in April, an angry customer was waiting for him.

Read more

Saturday, August 13, 2016

BRIEF-Sunedison Inc files for non-timely 10-Q

* Complexity of completing the form 10-K, the Q1 form 10-Q

and the form 10-Q has increased substantially compared to the

prior periods

Read more

Friday, August 12, 2016

Trial on Anthem's bid to buy Cigna to begin on Nov. 21 - judge

WASHINGTON, Aug 12 (Reuters) - The judge overseeing the U.S.

Justice Department's bid to stop big health insurer Anthem

from merging with competitor Cigna said on

Friday that the trial would start...

Read more

UPDATE 1-U.S. judge in Anthem merger trial sets trial for Nov. 21, plans ruling by late Jan. 2017

WASHINGTON, Aug 12 (Reuters) - The judge overseeing the U.S.

Justice Department's bid to stop health insurer Anthem

from merging with competitor Cigna said on Friday her

goal was to have a ruling by...

Read more

WRAPUP 1-Brazil state banks assume bullish tone as recovery hopes take hold

SAO PAULO, Aug 12 (Reuters) - Brazil's state-controlled

banks, which have seen defaults and loan-loss provisions outpace

those of rivals this year, are more confident than their

private-sector...

Read more

California lawmaker to float zero emission vehicle bill

SAN FRANCISCO, Aug 12 (Reuters) - A California lawmaker next

week will introduce a bill requiring 15 percent of all vehicles

sold in California be emissions-free by 2025, a spokesperson

said on...

Read more

BRIEF-Sevcon files for common stock offering of up to 1.7 mln shares

* Files for common stock offering of up to 1.7 million

shares by certain selling stockholders - sec filing

Read more

BRIEF-Nokomis Capital reports 9.4 pct stake in Telenav as of Aug 10

* Nokomis Capital Llc Reports 9.4 Pct Stake In Telenav Inc

As Of August 10

Read more

Fourth worker in a year dies at Virginia Goodyear plant

Aug 12 (Reuters) - A worker died at a Goodyear Tire and

Rubber plant at Danville, Virginia, on Friday, the fourth

fatality in a year at the site, state officials said.

Read more

SunEdison shareholders denied official role in bankruptcy

NEW YORK, Aug 12 (Reuters) - A U.S. judge denied a request

by shareholders of SunEdison Inc for an official

committee to represent them in the bankruptcy of the U.S.

renewable power plant developer,...

Read more

U.S. judge in Anthem merger trial plans ruling by late January

WASHINGTON, Aug 12 (Reuters) - The judge overseeing the U.S.

Justice Department's bid to stop big health insurer Anthem

from merging with competitor Cigna said on

Friday her goal was to have a...

Read more

EU mergers and takeovers (Aug 12)

BRUSSELS, Aug 12 (Reuters) - The following are mergers under

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

merger process:

Read more

BRIEF-Orezone receives mining permit for Bombore

* Council of ministers of Burkina Faso Government has

approved mining permit application submitted by company's local

subsidiary

Read more

UPDATE 2-PokerStars' owner Amaya says Baazov stepped down, profit beats

* Says reviewing options, talks with some parties have

progressed

Read more

Thursday, August 11, 2016

UPDATE 1-S.Korea says investigating whether Google broke antitrust laws

* Google cleared of S.Korea anticompetition charges in 2013

(Adds past S.Korea probe into Google, background)

Read more

S.Korea says investigating whether Google broke antitrust laws

SEOUL, Aug 12 (Reuters) - South Korea's antitrust regulator

said on Friday it is looking into whether Google has violated

the country's anticompetition laws, marking the body's first

acknowledgement...

Read more

PRESS DIGEST- Financial Times - Aug 12

Aug 12 (Reuters) - The following are the top stories in the

Financial Times. Reuters has not verified these stories and does

not vouch for their accuracy.

Read more

Gilead to get attorney fees in hepatitis C patent fight with Merck

Aug 11 (Reuters) - Gilead Sciences Inc is entitled

to receive the attorney fees it incurred related to hepatitis C

patent litigation with drugmaker Merck & Co Inc, a U.S.

district judge has ruled.

Read more

UPDATE 1-U.S. charges San Francisco hedge fund manager with fraud

NEW YORK, Aug 11 (Reuters) - Federal prosecutors on Thursday

announced criminal fraud charges against a San Francisco hedge

fund manager who allegedly schemed to raise money by falsely

boasting of...

Read more

AstraZeneca wins UK cost approval for longer use of heart drug

LONDON, Aug 12 (Reuters) - Long term use of AstraZeneca's

blood thinner Brilinta has been recommended as a

cost-effective option for treating patients after a heart

attack, Britain's healthcare...

Read more

More AT1 bonds expected after strong showing by RBS, StanChart

NEW YORK, Aug 11 (IFR) - Issuance of risky Additional Tier 1

capital could be set for a revival after Royal Bank of Scotland

and Standard Chartered printed large dollar deals that rallied

in...

Read more

BRIEF-Anavex reports Q3 loss per share $0.06

* SEC staff recently advised company's legal counsel that

staff did not intend to recommend enforcement action by

commission

Read more

UPDATE 1-Wells Fargo Advisors names David Kowach new head

NEW YORK, Aug 11 (Reuters) - Wells Fargo & Company

named David Kowach to head its retail wealth management

division, Wells Fargo Advisors, the nation's third-largest

brokerage, on Thursday.

Read more

UPDATE 1-Fidelity seeks U.S. approval for new type of ETF -filing

Aug 11 (Reuters) - Fidelity Investments is seeking U.S.

approval to offer a new type of actively managed exchange-traded

fund, a regulatory filing on Thursday showed, as the fund

company seeks to...

Read more

Panera challenges U.S. restaurants to come "clean" on kids menus

LOS ANGELES, Aug 11 (Reuters) - Panera Bread Co is

launching a "clean" kids menu, the restaurant chain said on

Thursday, and it challenged rivals like McDonald's Corp

to stop luring children with...

Read more

UPDATE 2-U.S. agency denies petition to reclassify marijuana

WASHINGTON/NEW YORK, Aug 11 (Reuters) - The U.S. Drug

Enforcement Administration on Thursday denied requests to stop

classifying marijuana as a dangerous drug with no medical use,

leaving users and...

Read more

EU mergers and takeovers (Aug 11)

BRUSSELS, Aug 11 (Reuters) - The following are mergers under

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

merger process:

Read more

UPDATE 2-Volkswagen plaintiffs' lawyers to seek up to $332.5 mln in fees, costs

NEW YORK, Aug 11 (Reuters) - Plaintiffs' lawyers will seek

up to $332.5 million in fees and costs for their work in a $10

billion settlement over claims Volkswagen AG outfitted vehicles

with software...

Read more

UPDATE 1-Israel's Bank Hapoalim Q2 profit up as U.S. tax probe lingers

* Shares lagging its rival as U.S. tax investigation weighs

(Adds details, analyst comment, share reaction)

Read more

UPDATE 1-Carlyle, founder raise $394 mln in partial exit from Brazil's CVC

SAO PAULO, Aug 11 (Reuters) - Carlyle Group LP and Brazilian

investor Guilherme Paulus raised a combined 1.230 billion reais

($394 million) from the partial sale of their stakes in

Brazilian travel...

Read more

BSE head sees tighter algo trading rules as boon for markets

MUMBAI, Aug 11 (Reuters) - Proposals by India's main capital

markets regulator to tighten rules on algorithmic trading could

help boost confidence in markets and won't hurt the country's

second...

Read more

Egypt reaches preliminary deal with IMF - govt sources

CAIRO, Aug 11 (Reuters) - Egypt has reached a preliminary

agreement with the International Monetary Fund after nearly two

weeks of talks to secure a $12 billion lending programme and

will make an...

Read more

Wednesday, August 10, 2016

PRESS DIGEST - Wall Street Journal - Aug 11

Aug 11 (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 - Aug 11

Aug 11 (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

BRIEF-Singapore cbank says current monetary policy stance remains appropriate for 2016



Read more

UPDATE 1-Brazil's lower house waters down states' austerity measures

BRASILIA, Aug 10 (Reuters) - Brazil's lower house of

Congress on Wednesday approved a watered-down version of a bill

that imposed spending limits on cash-strapped states in exchange

for hefty debt...

Read more

UPDATE 1-U.S. FCC votes to keep most media ownership rules

WASHINGTON, Aug 10 (Reuters) - The U.S. Federal

Communications Commission on Wednesday voted to retain nearly

all rules limiting cross-ownership of newspapers, radio and TV

stations in the same...

Read more

Peru detects fresh oil spill from decades-old Amazon pipeline

LIMA, Aug 10 (Reuters) - A fresh oil spill in the Peruvian

Amazon was detected from the country's four-decades-old pipeline

on Thursday, operator Petroperu said, bringing the

number of leaks this...

Read more

U.S. FCC votes to keep most media ownership rules

Aug 10 (Reuters) - The U.S. Federal Communications

Commission on Wednesday voted to retain nearly all rules

limiting cross ownership of newspapers, radio and TV stations in

the same market, a source...

Read more

U.S. prime money funds shorten up as new regulations loom

BOSTON, Aug 10 (Reuters) - A measure of securities turnover

in U.S. prime money market funds sank to a level not seen in at

least 25 years, a tracking firm said on Wednesday, as clients

yank out cash...

Read more

BRIEF-Terraform Global to delay filing second-qtr earnings report

* Unable to timely file its form 10-Q quarterly report for

the quarter ended June 30, 2016

Read more

SunEdison's "yieldcos" delay filing quarterly reports

Aug 10 (Reuters) - TerraForm Power Inc and

TerraForm Global Inc, the "yieldcos" of bankrupt solar

company SunEdison Inc, said they would delay filing

their second-quarter earnings reports.

Read more

Brazil's Oi to unveil reorganization plan by early Sept

RIO DE JANEIRO, Aug 10 (Reuters) - Phone carrier Oi SA,

which filed in June for Brazil's largest ever in-court

reorganization, will present a plan to overhaul business and

repay creditors later this...

Read more

Refiners on track to spend record on U.S. clean fuel standards

NEW YORK, Aug 10 (Reuters) - Major refiners like Valero

Energy Corp are on track to pay record amounts this year

for credits to comply with U.S. renewable fuel rules, corporate

filings show, a trend...

Read more

U.S. court upholds state laws limiting municipal broadband

WASHINGTON, Aug 10 (Reuters) - A federal appeals court said

on Wednesday the U.S. Federal Communications Commission could

not block two states from setting limits on municipal broadband

expansion.

Read more

UPDATE 1-Caledonia Investments to pay $480,000 to settle US antitrust charges

WASHINGTON, Aug 10 (Reuters) - Caledonia Investments PLC

has agreed to pay $480,000 to resolve charges that it

failed to report to antitrust enforcers share purchases that it

made in 2014, the...

Read more

UPDATE 1-N.Y. investment adviser, lawyer indicted for insider trading

NEW YORK, Aug 10 (Reuters) - A Long Island investment

adviser and a former partner at a major law firm have been

indicted on charges that they engaged in insider trading ahead

of Pfizer Inc's...

Read more

Banks step up pressure on regulators finalising global rules

LONDON, Aug 10 (Reuters) - New rules need to be better

tested by regulators for any impact on lending and markets, a

banking lobby said ahead of a meeting next month to finalise the

latest wave of...

Read more

Media, sports industries rattled by planned EU copyright shake-up

* European producers to benefit more than U.S. ones - EU

research

Read more

UPDATE 1-Consumer groups press Yum's KFC to tighten antibiotic rules

LOS ANGELES, Aug 10 (Reuters) - Consumer groups will deliver

a petition from more than 350,000 people to the KFC restaurant

chain on Wednesday, calling on the Yum Brands Inc unit

to stop the routine...

Read more

UPDATE 2-Lilly breast cancer drug stumbles, but trial continues

Aug 10 (Reuters) - U.S. drugmaker Eli Lilly and Co

on Wednesday said it would continue a late-stage trial of its

experimental breast cancer drug in combination with a widely

used treatment even...

Read more

BRIEF-Medtronic Plc CEO Omar Ishrak's 2016 total compensation was $15.3 mln versus $38.5 mln in 2015

* CFO Gary Ellis' FY 2016 total compensation $6.1 million

versus $5.5 million in FY 2015

Read more

BRIEF-Lam Research, KLA-Tencor provides update on their planned business combination

* Parties continue to discuss their proposed merger with

staff of department of justice and with competition authorities

in Korea, Japan and China

Read more

BRIEF-Lilly provides update Abemaciclib trial

* Lilly provides update on monarch 2 phase 3 trial of

Abemaciclib

Read more

BRIEF-U.S. Department of Labor notified Flowers Foods of a scheduled compliance review

* U.S. Department of Labor notified Co that it has been

scheduled for a compliance review under Fair Labor Standards

Act.

Read more

Egypt closes 48 forex bureaus in black market crackdown, sources say

CAIRO, Aug 10 (Reuters) - Egypt's central bank has closed 48

foreign exchange bureaus since the start of the year for trading

at black market rates and other violations, banking sources said

on...

Read more

INSIGHT-Money laundering rule on prepaid cards stalled after industry pushback

NEW YORK/ST. LOUIS, AUGUST 10 (Reuters) - In 2011, amid a

crackdown on international money laundering, the U.S. Treasury

Department tried to close a loophole that authorities said

allows drug cartels...

Read more

'Self-driving' in spotlight again as China sees first Tesla autopilot crash

BEIJING, Aug 10 (Reuters) - Tesla said on Wednesday

that one of its cars had crashed in Beijing while in 'autopilot'

mode, with the driver contending sales staff sold the function

as 'self-driving',...

Read more

BRIEF-Kitov announces issuance of U.S. patent securing long-term exclusivity for KIT-302

* Term exclusivity for KIT-302 ahead of new drug application

to the FDA

Read more

INSIGHT-Money laundering rule on prepaid cards stalled after industry pushback

NEW YORK/ST. LOUIS, AUGUST 10 (Reuters) - In 2011, amid a

crackdown on international money laundering, the U.S. Treasury

Department tried to close a loophole that authorities said

allows drug cartels...

Read more

Tuesday, August 9, 2016

Valeant offers to increase lender interest payments in exchange for amendment

NEW YORK, Aug 10 (RLPC) - Valeant Pharmaceuticals

International is offering to pay lenders a higher

interest rate in order to obtain an amendment to its debt

agreement that would loosen one of its...

Read more

Consumer groups press Yum's KFC to tighten antibiotic rules

LOS ANGELES, Aug 10 (Reuters) - Consumer groups on Wednesday

will deliver a petition from more than 350,000 people to the KFC

fried chicken chain, calling on the Yum Brands Inc unit

to stop the...

Read more

BRIEF-Daily Journal says management believes that internal controls over financial reporting is effective

* Management believes that its internal controls over

financial reporting is effective- SEC filing

Read more

TIMELINE-How Indian PM Modi pulled off his biggest reform yet

NEW DELHI, Aug 10 (Reuters) - By abandoning confrontation

and seeking consensus, Indian Prime Minister Narendra Modi has

pulled off his biggest reform yet, securing the unanimous

support of both...

Read more

First isolate, then negotiate: How India's GST deal was done

NEW DELHI, Aug 10 (Reuters) - It took him more than two

years, but Indian Prime Minister Narendra Modi has finally

discovered the art of the deal.

Read more

China's merger watchdog gets tough on clearance dodgers

* MOFCOM has 'named and shamed' 11 firms for not filing

deals

Read more

BRIEF-Ball Corp files for non-timely 10-Q

* In connection with rexam deal,divestiture, co needs

additional time to complete certain disclosures,analyses to be

included in form 10-Q

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

Further company...

Read more

LPC: Valeant loans rise after CEO says company to seek debt amendment

NEW YORK, Aug 9 (Reuters) - Valeant Pharmaceuticals

International's loans traded up Tuesday after the

company's chief executive officer said it would seek to modify

covenants on its $31 billion of...

Read more

UPDATE 1-Hitachi Automotive to pay $55.48 mln fine for role in U.S. price-fixing

WASHINGTON, Aug 9 (Reuters) - Hitachi Automotive Systems Ltd

agreed to plead guilty to fixing the price of shock

absorbers installed in U.S. autos and to pay a criminal fine of

$55.48 million, the...

Read more

BRIEF-U.S. HHS awards $4.1 mln to Hologic to develop better Zika blood screening test

Aug 9 (Reuters) - U.S. Department of Health and Human

Services:

Read more

Cargill stops using human antibiotic to prevent disease in turkeys

CHICAGO, Aug 9 (Reuters) - U.S. meat processor Cargill Inc

has stopped using an important antibiotic for people

to prevent disease in turkeys, the company said on Tuesday, the

latest food maker to...

Read more

BRIEF-Cargill Inc says will again reduce antibiotic use in its turkey business

* Says turkey products covered by this decision will be

available in marketplace by Jan. 1, 2017

Read more

MONEY MARKETS-Benchmark interbank rate rises for 6th straight day

* Goldman sees $28 trillion Libor-linked U.S. loans,

securities

Read more

Egypt sets jail as punishment for black market forex trading

CAIRO, Aug 9 (Reuters) - Egypt's parliament on Tuesday set

prison sentences to up three years and fines to up to 5 million

pounds ($563,000) for traders selling foreign currency on the

black market.

Read more

BRIEF-pSivida says primary endpoint met in utilization study of new Medidur inserter with smaller diameter needle

* Psivida corp says primary endpoint met in psivida's

utilization study of new medidur inserter with smaller diameter

needle

Read more

BRIEF-Viex Capital Advisors reports 6.7 pct stake in Immersion

* Viex Capital Advisors Llc reports 6.7 pct stake in

Immersion Corp as of August 5 vs 5.7 pct stake as of June 24 -

SEC filing

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

Further company coverage:

Read more

BRIEF-Kennedy-Wilson Holdings files for senior notes offering of up to $200 mln

* Files for senior notes offering of up to $200 million -

SEC filing

Source text for Eikon:

Further company coverage:

Read more

BRIEF-General Dynamics files for potential notes offering

* Files for potential notes offering; size not disclosed -

SEC filing

Source text for Eikon:

Further company coverage:

Read more

Indonesian ministry recommends copper export permit for Freeport - official

JAKARTA, Aug 9 (Reuters) - Indonesia's mines ministry has

issued a letter of recommendation for Freeport McMoran Inc

Indonesian unit to get a permit to export 1.4 million

tonnes of copper...

Read more