WASHINGTON, Sept 22 (Reuters) - Tesla Motors Inc
filed suit Thursday in U.S. District Court in Michigan against
Governor Rick Snyder and other state officials over the state's
refusal to allow the...
Read more
Thursday, September 22, 2016
Airlines seek antitrust immunity to discuss Venezuela routes
BERLIN, Sept 22 (Reuters) - International airlines have
requested anti-trust immunity from the United States to allow
them to discuss routes to Venezuela, which is blocking ticket
revenues from...
Read more
requested anti-trust immunity from the United States to allow
them to discuss routes to Venezuela, which is blocking ticket
revenues from...
Read more
BRIEF-Norman Pessin raises stake in innovative solutions to 7.4 pct from 6.7 pct
* Norman Pessin reports 7.4 percent stake in Innovative
Solutions And Support Inc as of September 21 versus 6.7 percent
stake as of December 15, 2015 - Sec Filing
Source text :...
Read more
Solutions And Support Inc as of September 21 versus 6.7 percent
stake as of December 15, 2015 - Sec Filing
Source text :...
Read more
Passing energy bills, Ukrainian MPs clear path for new EU loan
KIEV, Sept 22 (Reuters) - The Ukrainian parliament passed
two bills on Thursday aimed at prising open the domestic energy
distribution market to more competition, a reform demanded by
the European...
Read more
two bills on Thursday aimed at prising open the domestic energy
distribution market to more competition, a reform demanded by
the European...
Read more
UPDATE 1-Three former Tesco executives to plead not guilty to fraud charges
LONDON, Sept 22 (Reuters) - Three former senior executives
of Tesco, Britain's biggest retailer, will plead not
guilty to fraud and false accounting charges, their lawyers said
as the men appeared in...
Read more
of Tesco, Britain's biggest retailer, will plead not
guilty to fraud and false accounting charges, their lawyers said
as the men appeared in...
Read more
UPDATE 1-Brazil police arrest former minister in Petrobras probe -source
SAO PAULO, Sept 22 (Reuters) - Brazilian police arrested
former Finance Minister Guido Mantega on Thursday as part of a
sweeping corruption investigation into political kickbacks on
contracts at...
Read more
former Finance Minister Guido Mantega on Thursday as part of a
sweeping corruption investigation into political kickbacks on
contracts at...
Read more
UPDATE 1-UK okays Alexion drug costing up to $2 mln but wants price cut
LONDON, Sept 22 (Reuters) - A new drug to treat a rare
inherited bone disorder that was developed by Alexion
Pharmaceuticals and could cost up to 1.5 million pounds
($2 million) a year per patient...
Read more
inherited bone disorder that was developed by Alexion
Pharmaceuticals and could cost up to 1.5 million pounds
($2 million) a year per patient...
Read more
UK okays Alexion drug costing up to $2 mln but wants price cut
LONDON, Sept 22 (Reuters) - A new drug to treat a rare
inherited bone disorder that was developed by Alexion
Pharmaceuticals and could cost up to 1.5 million pounds
($2 million) a year per patient...
Read more
inherited bone disorder that was developed by Alexion
Pharmaceuticals and could cost up to 1.5 million pounds
($2 million) a year per patient...
Read more
BRIEF-Azure Power Global sees IPO of 6.82 million equity shares to be priced between $21.00 and $23.00 per equity share
* In the IPO, co offering 5.9 million equity shares and
selling shareholders are offering 954,545 equity shares
Read more
selling shareholders are offering 954,545 equity shares
Read more
BRIEF-OrganiGram's License Capacity Increased by Health Canada
* Health Canada also increased OrganiGram's licensed
production and sales capacity for cannabis oils to 500kg per
annum
Read more
production and sales capacity for cannabis oils to 500kg per
annum
Read more
Demand for Russia's Eurobond seen at more than $3 bln
MOSCOW, Sept 22 (Reuters) - Demand for Russia's Eurobond top
up has exceeded $3 billion, sources in the financial sector told
Reuters on Thursday.
Read more
up has exceeded $3 billion, sources in the financial sector told
Reuters on Thursday.
Read more
BRIEF-CTi biopharma granted 180 day extension by NASDAQ to regain compliance
* CTi Biopharma granted 180 day extension by NASDAQ to
regain compliance with minimum bid price rule
Read more
regain compliance with minimum bid price rule
Read more
Russian EconMin says Eurobond topping up not linked to privatisation
MOSCOW, Sept 22 (Reuters) - Russia's plan to top up its
sovereign Eurobond issue, raising an additional $1.25 billion,
is not linked to the government's privatisation programme,
Russian Economy...
Read more
sovereign Eurobond issue, raising an additional $1.25 billion,
is not linked to the government's privatisation programme,
Russian Economy...
Read more
PRESS DIGEST- New York Times business news - Sept 22
Sept 22 (Reuters) - The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
Wednesday, September 21, 2016
CORRECTED-UPDATE 1-Yum China files to issue 10 mln shares to Yum employees
Sept 21 (Reuters) - Yum China Holdings Inc, which is being
spun off from KFC owner Yum Brands Inc, filed with
regulators on Wednesday to issue 10 million common shares to
certain participants in Yum ...
Read more
spun off from KFC owner Yum Brands Inc, filed with
regulators on Wednesday to issue 10 million common shares to
certain participants in Yum ...
Read more
PRESS DIGEST - Wall Street Journal - Sept 22
Sept 22 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
PRESS DIGEST- Financial Times - Sept 22
Sept 22 (Reuters) - The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
U.S. SEC charges thrust billionaire Cooperman into spotlight
NEW YORK, Sept 21 (Reuters) - The latest insider trading
charges by U.S. securities regulators placed an unwelcome
spotlight on billionaire Leon Cooperman, the son of a Bronx
plumber who rose to...
Read more
charges by U.S. securities regulators placed an unwelcome
spotlight on billionaire Leon Cooperman, the son of a Bronx
plumber who rose to...
Read more
UPDATE 1-Novo Nordisk to supply insulin at discount to poorest nations
NEW YORK, Sept 21 (Reuters) - Danish drugmaker Novo Nordisk
A/S pledged on Wednesday to provide insulin at
steeply discounted prices in the world's least-developed nations
in what it is calling its...
Read more
A/S pledged on Wednesday to provide insulin at
steeply discounted prices in the world's least-developed nations
in what it is calling its...
Read more
UPDATE 1-Hedge fund manager Cooperman refused to settle, fights to save legacy
BOSTON, Sept 21 (Reuters) - Billionaire investor Leon
Cooperman on Wednesday told investors that he and his hedge fund
Omega Advisors refused to settle insider trading charges with
the United States...
Read more
Cooperman on Wednesday told investors that he and his hedge fund
Omega Advisors refused to settle insider trading charges with
the United States...
Read more
UPDATE 2-U.S. lawmakers blast Mylan CEO over 'sickening' EpiPen price hikes
WASHINGTON, Sept 21 (Reuters) - U.S. lawmakers on Wednesday
blasted Mylan NV Chief Executive Heather Bresch for
sharply increasing prices for the EpiPen emergency allergy
treatment at a congressional...
Read more
blasted Mylan NV Chief Executive Heather Bresch for
sharply increasing prices for the EpiPen emergency allergy
treatment at a congressional...
Read more
U.S. wants letters showing conflict in Anthem-Cigna merger -filing
WASHINGTON, Sept 21 (Reuters) - The U.S. government, which
is suing to stop Anthem Inc's proposed purchase of
Cigna Corp, is pressing the health insurers to provide
letters in which each of them...
Read more
is suing to stop Anthem Inc's proposed purchase of
Cigna Corp, is pressing the health insurers to provide
letters in which each of them...
Read more
Boeing receives U.S. license to sell jetliners to Iran, ending ban
NEW YORK, Sept 21 (Reuters) - Boeing Co said it had
received on Wednesday a U.S. government license allowing it sell
jetliners to Iran, ending a decades-long ban and matching
European rival Airbus,...
Read more
received on Wednesday a U.S. government license allowing it sell
jetliners to Iran, ending a decades-long ban and matching
European rival Airbus,...
Read more
BRIEF-Finjan Holdings says jury decided co was entitled to $15 mln in damages for Sophos' infringement
* Jury returned a verdict that "all five Finjan patents were
found literally infringed by Sophos"
Read more
found literally infringed by Sophos"
Read more
Gasoline shortages highlight U.S. dependence on Colonial pipeline
NEW YORK, Sept 21 (Reuters) - Drivers from Tennessee and
Georgia to New Jersey may soon breathe a collective sigh of
relief as service is restored on Colonial Pipeline, cutting
gasoline prices that...
Read more
Georgia to New Jersey may soon breathe a collective sigh of
relief as service is restored on Colonial Pipeline, cutting
gasoline prices that...
Read more
Central Banks tell regulators banks must tighten SWIFT security
LONDON, Sept 21 (Reuters) - The world's biggest central
banks have told regulators that banks must tighten security
around their SWIFT messaging systems following the theft of $81
million from...
Read more
banks have told regulators that banks must tighten security
around their SWIFT messaging systems following the theft of $81
million from...
Read more
BRIEF-My Size files for stock shelf of up to 2.23 mln shares
* Files for public offering of up to 2.23 million shares of
co's common stock by the selling stockholders - sec filing
Read more
co's common stock by the selling stockholders - sec filing
Read more
CORRECTED-Yum China files to issue 10 mln shares to some Yum Brands employees
Sept 21 (Reuters) - Yum China Holdings Inc, which is being
spun off from KFC owner Yum Brands Inc, filed with
regulators on Wednesday to issue 10 million common shares to
certain participants in Yum...
Read more
spun off from KFC owner Yum Brands Inc, filed with
regulators on Wednesday to issue 10 million common shares to
certain participants in Yum...
Read more
UPDATE 1-Belarus central bank: asset test exposed risks at three banks
KIEV, Sept 21 (Reuters) - Belarus's central bank said on
Wednesday that three banks were shown to be at risk of failing
capital requirements by the first ever asset tests on the
ex-Soviet state's...
Read more
Wednesday that three banks were shown to be at risk of failing
capital requirements by the first ever asset tests on the
ex-Soviet state's...
Read more
UPDATE 1-U.S. SEC charges Leon Cooperman with insider trading
Sept 21 (Reuters) - Billionaire investor Leon Cooperman was
charged with insider trading by the top U.S. securities
regulator on Wednesday, making him the highest-profile target in
years in the...
Read more
charged with insider trading by the top U.S. securities
regulator on Wednesday, making him the highest-profile target in
years in the...
Read more
BRIEF-BiondVax Phase 2b European Trial: Last Patient Out
* Last participant in a European phase 2b clinical trial of
M-001, its universal flu vaccine candidate, has completed final
visit
Read more
M-001, its universal flu vaccine candidate, has completed final
visit
Read more
Mexico's America Movil eyes acquisition of Brazilian rival Oi -Valor
SAO PAULO, Sept 21 (Reuters) - America Movil SAB
is interested in acquiring some or all of the operations run by
struggling Brazilian rival Oi SA, the chief executive
of the Mexican telecom giant...
Read more
is interested in acquiring some or all of the operations run by
struggling Brazilian rival Oi SA, the chief executive
of the Mexican telecom giant...
Read more
BRIEF-Bluebird Bio's LentiGlobin investigational gene therapy accepted into Europen Medicines Agency's PRIME program
* LentiGlobin(TM) investigational gene therapy for
transfusion-dependent beta-thalassemia accepted into European
Medicines Agency's PRIME program
Source text for Eikon:
Further company coverage:
Read more
transfusion-dependent beta-thalassemia accepted into European
Medicines Agency's PRIME program
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Monsanto Co - Bayer is committed to make divestitures to obtain antitrust approvals
* Bayer is committed to make divestitures if required up to
$1.6 billion to obtain antitrust approvals for merger
Read more
$1.6 billion to obtain antitrust approvals for merger
Read more
BRIEF-Chesapeake director Archie Dunham reports open market purchase of 1 mln shares
* Director Archie Dunham reports open market purchase of 1.0
million common shares at average price of $6.67 per share on
September 20 - SEC filing
Source text http://bit.ly/2cosH8R
Further company...
Read more
million common shares at average price of $6.67 per share on
September 20 - SEC filing
Source text http://bit.ly/2cosH8R
Further company...
Read more
U.S. to invest in Medicines Co, Roche antibiotics development
Sept 21 (Reuters) - The Medicines Co on Wednesday
said it will receive up to $132 million in U.S. government
funding for development of new antibiotics to fight
drug-resistant infections, seen by...
Read more
said it will receive up to $132 million in U.S. government
funding for development of new antibiotics to fight
drug-resistant infections, seen by...
Read more
BRIEF-Epizyme collaborates with Foundation Medicine for tazemetostat phase 2 clinical trial
* Epizyme establishes collaboration with Foundation Medicine
to support tazemetostat phase 2 clinical trial
Read more
to support tazemetostat phase 2 clinical trial
Read more
AstraZeneca pulls cancer drug application in Europe
LONDON, Sept 21 (Reuters) - AstraZeneca has pulled
an application seeking European approval to sell its
experimental cancer drug cediranib in combination with
chemotherapy to treat ovarian cancer...
Read more
an application seeking European approval to sell its
experimental cancer drug cediranib in combination with
chemotherapy to treat ovarian cancer...
Read more
BRIEF-Corenergy Infrastructure filed Pinedale Corridor L.P.'s motion to dismiss Debtor Ultra Wyoming LGS LLC's bankruptcy case
* On Sept 20, co filed Pinedale Corridor L.P.'s motion to
dismiss Debtor Ultra Wyoming LGS LLC's bankruptcy case-SEC
filing
Read more
dismiss Debtor Ultra Wyoming LGS LLC's bankruptcy case-SEC
filing
Read more
Tuesday, September 20, 2016
PRESS DIGEST- New York Times business news - Sept 21
Sept 21 (Reuters) - The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
RPT-UPDATE 3-States, business groups sue U.S. gov't on overtime pay rule
Sept 20 (Reuters) - Officials from 21 U.S. states on Tuesday
filed a lawsuit claiming an Obama administration rule to extend
mandatory overtime pay to more than 4 million workers will place
a heavy...
Read more
filed a lawsuit claiming an Obama administration rule to extend
mandatory overtime pay to more than 4 million workers will place
a heavy...
Read more
UPDATE 1-U.S. judge narrows currency rigging lawsuit against seven banks
NEW YORK, Sept 20 (Reuters) - The U.S. judge overseeing
litigation accusing 16 banks of rigging prices in the $5.3
trillion-a-day foreign exchange market on Tuesday narrowed but
refused to dismiss...
Read more
litigation accusing 16 banks of rigging prices in the $5.3
trillion-a-day foreign exchange market on Tuesday narrowed but
refused to dismiss...
Read more
U.S. judge narrows currency rigging lawsuit against seven banks
NEW YORK, Sept 20 (Reuters) - The U.S. judge overseeing
litigation accusing 16 banks of rigging prices in the $5.3
trillion-a-day foreign exchange market on Tuesday narrowed but
refused to dismiss...
Read more
litigation accusing 16 banks of rigging prices in the $5.3
trillion-a-day foreign exchange market on Tuesday narrowed but
refused to dismiss...
Read more
PRESS DIGEST- Financial Times - Sept 21
Sept 21 (Reuters) - The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Skincare products maker Nu Skin settles SEC probe
Sept 20 (Reuters) - Nu Skin Enterprises Inc said it
had reached an agreement with the Securities and Exchange
Commission to settle a probe into the skincare products maker's
charitable contribution...
Read more
had reached an agreement with the Securities and Exchange
Commission to settle a probe into the skincare products maker's
charitable contribution...
Read more
U.S. govt approves Colonial gasoline line restart after leak - federal official
NEW YORK, Sept 20 (Reuters) - The U.S. government has given
verbal approval to Colonial Pipeline Co to restart pumping fuel
on its main gasoline line after a leak shut it down on Sept. 9,
according...
Read more
verbal approval to Colonial Pipeline Co to restart pumping fuel
on its main gasoline line after a leak shut it down on Sept. 9,
according...
Read more
U.S. lawmakers probing Wells Fargo scandal blast arbitration pacts
Sept 20 (Reuters) - Wells Fargo & Co customers
aiming to sue the bank over bogus accounts opened in their names
may be in for an unpleasant surprise: the fine print requires
them to take their claims...
Read more
aiming to sue the bank over bogus accounts opened in their names
may be in for an unpleasant surprise: the fine print requires
them to take their claims...
Read more
UPDATE 4-US senators push Wells Fargo CEO on pay clawbacks after bogus accounts
Sept 20 (Reuters) - U.S. Senate lawmakers excoriated Wells
Fargo & Co's chief on Tuesday for his oversight of the
bank as it opened 2 million bogus customer accounts, potentially
laying the...
Read more
Fargo & Co's chief on Tuesday for his oversight of the
bank as it opened 2 million bogus customer accounts, potentially
laying the...
Read more
BRIEF-Helmerich and Payne says parties in keel litigation entered a global settlement agreement - SEC Filing
* Says on September 14, 2016, the parties in the keel
litigation entered into a global settlement agreement - SEC
Filing
Read more
litigation entered into a global settlement agreement - SEC
Filing
Read more
UPDATE 2-SEC probes Exxon's climate, reserves accounting -report
Sept 20 (Reuters) - The U.S. Securities and Exchange
Commission is investigating how Exxon Mobil Corp has
valued its reserves in the wake of low oil prices and potential
curbs on carbon emissions,...
Read more
Commission is investigating how Exxon Mobil Corp has
valued its reserves in the wake of low oil prices and potential
curbs on carbon emissions,...
Read more
Medicare EpiPen spending outpaces prescription growth -Kaiser report
NEW YORK, Sept 20 (Reuters) - U.S. government spending on
Mylan Inc's EpiPen in the Medicare program for seniors
and the disabled rose 1,151 percent from 2007 through 2014,
while the number of EpiPen...
Read more
Mylan Inc's EpiPen in the Medicare program for seniors
and the disabled rose 1,151 percent from 2007 through 2014,
while the number of EpiPen...
Read more
UPDATE 1-Northern Gateway pipeline project will not appeal Canadian court decision
TORONTO, Sept 20 (Reuters) - Oil company Enbridge Inc's
Northern Gateway pipeline project will not appeal a
recent Canadian Federal Court of Appeal decision that reversed
its approval pending...
Read more
Northern Gateway pipeline project will not appeal a
recent Canadian Federal Court of Appeal decision that reversed
its approval pending...
Read more
CORRECTED-UPDATE 3-Under Senate fire, Wells Fargo CEO promises to make customers whole
Sept 20 (Reuters) - Wells Fargo & Co's chief
executive officer told a Senate panel on Tuesday that customers
who had bogus accounts opened in their name will be made whole
and compensated for any...
Read more
executive officer told a Senate panel on Tuesday that customers
who had bogus accounts opened in their name will be made whole
and compensated for any...
Read more
REFILE-SEC investigating Exxon over accounting practices-CNBC, citing DJ
Sept 20 (Reuters) - The U.S. Securities and Exchange
Commission is investigating Exxon Mobil Corp on climate
change and accounting practices, CNBC tweeted, citing Dow Jones.
(http://bit.ly/2cWRikt)
Read more
Commission is investigating Exxon Mobil Corp on climate
change and accounting practices, CNBC tweeted, citing Dow Jones.
(http://bit.ly/2cWRikt)
Read more
Wells Fargo says board will 'assess' clawbacks for Tolstedt
Sept 20 (Reuters) - SENATOR WARREN RELEASES SEPT. 19 LETTER
FROM WELLS FARGO ADDRESSING QUESTIONS OVER PAY 'CLAWBACKS'
Wells fargo & co says tolstedt equity awards total
$96.6m, including vested and...
Read more
FROM WELLS FARGO ADDRESSING QUESTIONS OVER PAY 'CLAWBACKS'
Wells fargo & co says tolstedt equity awards total
$96.6m, including vested and...
Read more
UPDATE 1-Property valuers drop Brexit clauses from most contracts as markets steady
Sept 20 (Reuters) - Five big property services firms are
dropping Brexit uncertainty clauses from their valuation reports
for most UK assets as market conditions steady after a sharp
drop immediately...
Read more
dropping Brexit uncertainty clauses from their valuation reports
for most UK assets as market conditions steady after a sharp
drop immediately...
Read more
UPDATE 2-Wells Fargo CEO apologizes for 'unethical' bogus accounts
Sept 20 (Reuters) - The chief executive officer of Wells
Fargo & Co on Tuesday apologized for the bank's
years-long practice of opening as many as 2 million bogus
customer accounts that generated...
Read more
Fargo & Co on Tuesday apologized for the bank's
years-long practice of opening as many as 2 million bogus
customer accounts that generated...
Read more
EU mergers and takeovers (Sept 20)
BRUSSELS, Sept 20 (Reuters) - The following are mergers
under review by the European Commission and a brief guide to the
EU merger process:
Read more
under review by the European Commission and a brief guide to the
EU merger process:
Read more
CORRECTED-UPDATE 2-Iran trims Airbus deal amid U.S. regulatory delays
TEHRAN, Sept 20 (Reuters) - Iran has reduced the number of
airplanes it plans to buy from Airbus by six amid
delays in U.S. regulatory approvals, and may knock one plane off
a similar deal for more...
Read more
airplanes it plans to buy from Airbus by six amid
delays in U.S. regulatory approvals, and may knock one plane off
a similar deal for more...
Read more
Chip designer ARM launches processor fit for driverless cars
LONDON, Sept 20 (Reuters) - ARM, the British chip
designer powering the global mobile phone industry, launched a
new processor on Tuesday for driverless cars, seeking to secure
its place at the heart...
Read more
designer powering the global mobile phone industry, launched a
new processor on Tuesday for driverless cars, seeking to secure
its place at the heart...
Read more
BRIEF-Bristol-Myers says EMA validates type II variation application for Opdivo
* European Medicines Agency validates Bristol Myers Squibb's
type II variation application for Opdivo (nivolumab) in advanced
form of bladder cancer
Read more
type II variation application for Opdivo (nivolumab) in advanced
form of bladder cancer
Read more
Drugmakers pledge to clean up antibiotic factories, curb overuse
Sept 20 (Reuters) - Thirteen leading drugmakers promised on
Tuesday to clean up pollution from factories making antibiotics
and take steps to curb overuse of the medicines as part of a
drive to fight...
Read more
Tuesday to clean up pollution from factories making antibiotics
and take steps to curb overuse of the medicines as part of a
drive to fight...
Read more
Regeneron, Teva take aim at Lilly/Pfizer pain drug
Sept 20 (Reuters) - Regeneron Pharmaceuticals Inc
and Israeli drugmaker Teva Pharmaceutical Industries
on Tuesday said they would co-develop Regeneron's experimental
new type of pain drug and...
Read more
and Israeli drugmaker Teva Pharmaceutical Industries
on Tuesday said they would co-develop Regeneron's experimental
new type of pain drug and...
Read more
PRESS DIGEST- New York Times business news - Sept 20
Sept 20 (Reuters) - The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
Monday, September 19, 2016
Clinton tells Wells Fargo customers CEO owes them an explanation
WASHINGTON, Sept 20 (Reuters) - Democratic presidential
candidate Hillary Clinton took on the Wells Fargo & Co
bogus-accounts case in a letter to the bank's customers to be
released on Tuesday, when...
Read more
candidate Hillary Clinton took on the Wells Fargo & Co
bogus-accounts case in a letter to the bank's customers to be
released on Tuesday, when...
Read more
China should apply more differentiated property policy as prices surge-Xinhua
SHANGHAI, Sept 20 (Reuters) - China should apply more
differentiated property policy based on local conditions as home
prices surge in some cities, the official Xinhua news agency
said in a...
Read more
differentiated property policy based on local conditions as home
prices surge in some cities, the official Xinhua news agency
said in a...
Read more
UPDATE 2-U.S. may seek power to pre-approve self-driving car technology
WASHINGTON, Sept 19 (Reuters) - The Obama administration
said Monday it was considering seeking the power to review and
approve technology for self-driving cars before they hit the
road and said U.S....
Read more
said Monday it was considering seeking the power to review and
approve technology for self-driving cars before they hit the
road and said U.S....
Read more
Wells Fargo CEO to take 'full responsibility' in Senate hearing - NY Times
Sept 19 (Reuters) - Wells Fargo & Co's chief
executive, John Stumpf, will tell U.S. senators on Tuesday that
he is "deeply sorry" for selling customers unauthorized bank
accounts and credit cards and...
Read more
executive, John Stumpf, will tell U.S. senators on Tuesday that
he is "deeply sorry" for selling customers unauthorized bank
accounts and credit cards and...
Read more
PRESS DIGEST- Financial Times - Sept 20
Sept 20 (Reuters) - The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
PRESS DIGEST- British Business - Sept. 20
Sept 20 (Reuters) - The following are the top stories on the
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
UPDATE 2-Wal-Mart completes acquisition of Jet.com
CHICAGO, Sept 19 (Reuters) - Wal-Mart Stores Inc on
Monday said it has completed the acquisition of internet
retailer Jet.com after agreeing to pay about $3 billion for the
e-commerce startup last...
Read more
Monday said it has completed the acquisition of internet
retailer Jet.com after agreeing to pay about $3 billion for the
e-commerce startup last...
Read more
BRIEF-FDA approves 6-month primary end point for the Lutonix
* Approves 6 Primary efficacy end point in clinical trial is
a composite of limb salvage and primary patency at 6 months
Read more
a composite of limb salvage and primary patency at 6 months
Read more
Wal-Mart completes the acquisition of Jet.com
CHICAGO, Sept 19 (Reuters) - Wal-Mart Stores Inc on
Monday said it has completed the acquisition of internet
retailer Jet.com after agreeing to pay about $3 billion for the
e-commerce startup last...
Read more
Monday said it has completed the acquisition of internet
retailer Jet.com after agreeing to pay about $3 billion for the
e-commerce startup last...
Read more
UPDATE 3-Ernst & Young settles charges ex-auditors got 'too close' to clients
Sept 19 (Reuters) - Accounting firm Ernst & Young
will pay $9.3 million to settle charges that two of its former
auditors got "too close to clients on a personal level" and
broke rules aimed at...
Read more
will pay $9.3 million to settle charges that two of its former
auditors got "too close to clients on a personal level" and
broke rules aimed at...
Read more
New York seeks $872 mln from UPS in cigarette shipments trial
NEW YORK, Sept 19 (Reuters) - New York state and city
authorities took United Parcel Service Inc to trial on
Monday, urging a federal judge to make the company pay more than
$872 million for making...
Read more
authorities took United Parcel Service Inc to trial on
Monday, urging a federal judge to make the company pay more than
$872 million for making...
Read more
Europe's regulators must tell banks to cut bad debts to help recovery -ECB
FRANKFURT, Sept 19 (Reuters) - European regulators must tell
banks to cut their bad debts as they are holding back the euro
zone's recovery, ECB Executive Board member Yves Mersch said on
Monday.
Read more
banks to cut their bad debts as they are holding back the euro
zone's recovery, ECB Executive Board member Yves Mersch said on
Monday.
Read more
RPT-UPDATE 2-Ernst & Young settles charges that two ex-auditors got 'too close' to clients
Sept 19 (Reuters) - Accounting firm Ernst & Young will pay
$9.3 million to settle charges that two of its former auditors
got "too close to clients on a personal level" and broke rules
aimed at...
Read more
$9.3 million to settle charges that two of its former auditors
got "too close to clients on a personal level" and broke rules
aimed at...
Read more
BRIEF-Bank of Montreal - Merger of BMO Global Monthly Income Fund into BMO Global Diversified Fund will not proceed
* Says merger of BMO Global Monthly Income Fund into BMO
Global Diversified Fund will not proceed
Read more
Global Diversified Fund will not proceed
Read more
BRIEF-Argentum Pharmaceuticals succeeds in starting patent cancellation trial against Janssen's Zytiga
* Argentum pharmaceuticals says succeeds in starting patent
cancellation trial against janssen's zytiga
Read more
cancellation trial against janssen's zytiga
Read more
BRIEF-BLR Partners LP reports 2.10 pct stake in Fiesta Restaurant Group
* Purchased Fiesta Restaurant Group shares based on belief
that shares, when purchased, were undervalued
Read more
that shares, when purchased, were undervalued
Read more
Abu Dhabi to introduce new regulations for ride-hailing apps
ABU DHABI, Sept 19 (Reuters) - Ride-hailing services such as
Uber and others will have to register their apps and
heed new regulations to operate in Abu Dhabi, a top official at
the Gulf emirate's...
Read more
Uber and others will have to register their apps and
heed new regulations to operate in Abu Dhabi, a top official at
the Gulf emirate's...
Read more
BRIEF-Akebia announces publication of Phase 2b data for vadadustat
* Announces publication of Phase 2b data for vadadustat in
non-dialysis patients with anemia related to chronic kidney
disease
Read more
non-dialysis patients with anemia related to chronic kidney
disease
Read more
BRIEF-ViewRay receives CE mark approval for MRIdian Linac system
* Company has also submitted its 510(K) application for
MRIdian Linac technology in United States.
Read more
MRIdian Linac technology in United States.
Read more
PRESS DIGEST-Canada - Sept 19
Sept 19 (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
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
UPDATE 1-Britain's banks face losing EU access after Brexit - Bundesbank chief
LONDON, Sept 19 (Reuters) - Banks based in Britain will lose
access to EU markets after Brexit unless the country remains in
the broader European trading group that includes nations such as
Norway,...
Read more
access to EU markets after Brexit unless the country remains in
the broader European trading group that includes nations such as
Norway,...
Read more
RPT-Exxon probe faces uphill climb amid ambiguous accounting rules
NEW YORK, Sept 16 (Reuters) - New York Attorney General Eric
Schneiderman faces an uphill climb in building a case against
Exxon Mobil Corp for not writing down assets amid the
oil-price slump...
Read more
Schneiderman faces an uphill climb in building a case against
Exxon Mobil Corp for not writing down assets amid the
oil-price slump...
Read more
EU executive opens investigation into Poland's retail tax
BRUSSELS, Sept 19 (Reuters) - The European Commission opened
an in-depth investigation on Monday into a new Polish
progressive tax on the retail sector and ordered its suspension
until the...
Read more
an in-depth investigation on Monday into a new Polish
progressive tax on the retail sector and ordered its suspension
until the...
Read more
RPT-UK to lose passporting rights unless in EEA - ECB's Weidmann
LONDON, Sept 19 (Reuters) - Financial institutions based in
Britain will lose so-called passporting rights allowing them to
operate across the European Union unless post-Brexit Britain is
at least...
Read more
Britain will lose so-called passporting rights allowing them to
operate across the European Union unless post-Brexit Britain is
at least...
Read more
Alibaba's Cainiao to raise more money; current funds good for up to 18 mths
HANGZHOU, China, Sept 19 (Reuters) - Cainiao Network, the
logistics arm of Chinese e-commerce giant Alibaba Group Holding
Ltd, will hold another round of fundraising but it is
hoping that money...
Read more
logistics arm of Chinese e-commerce giant Alibaba Group Holding
Ltd, will hold another round of fundraising but it is
hoping that money...
Read more
UK to lose passporting rights unless in EEA - ECB's Weidmann
LONDON, Sept 19 (Reuters) - Financial institutions based in
Britain will lose so-called passporting rights allowing them to
operate across the European Union unless post-Brexit Britain is
at least...
Read more
Britain will lose so-called passporting rights allowing them to
operate across the European Union unless post-Brexit Britain is
at least...
Read more
UPDATE 1-All Hanjin Shipping chartered vessels to be returned to owners after unloading-judge
SEOUL, Sept 19 (Reuters) - All Hanjin Shipping Co Ltd
chartered vessels that have completed unloading
their cargo have been told to cancel their charter agreements
and return the ships to the...
Read more
chartered vessels that have completed unloading
their cargo have been told to cancel their charter agreements
and return the ships to the...
Read more
Sunday, September 18, 2016
UPDATE 1-Iran urges U.S. to unblock aircraft deals, seeks investors
TEHRAN, Sept 18 (Reuters) - Iran urged the United States on
Sunday to remove remaining obstacles to buying passenger planes
following the lifting of international sanctions and it spread
out the...
Read more
Sunday to remove remaining obstacles to buying passenger planes
following the lifting of international sanctions and it spread
out the...
Read more
Iran presses for banking agreement to facilitate sanctions pact
TEHRAN, Sept 18 (Reuters) - Iran is pressing the United
States to ease banking obstacles to the reopening of trade under
last year's nuclear deal and hopes for progress on the sidelines
of United...
Read more
States to ease banking obstacles to the reopening of trade under
last year's nuclear deal and hopes for progress on the sidelines
of United...
Read more
UPDATE 1-Canada will impose nationwide carbon price - minister
TORONTO, Sept 18 (Reuters) - Canada will impose a carbon
price on provinces that do not adequately regulate emissions by
themselves, Environment Minister Catherine McKenna said on
Sunday without...
Read more
price on provinces that do not adequately regulate emissions by
themselves, Environment Minister Catherine McKenna said on
Sunday without...
Read more
Canada will impose nationwide carbon price - minister
TORONTO, Sept 18 (Reuters) - Canada will impose a carbon
price on provinces that do not adequately regulate emissions by
themselves, Environment Minister Catherine McKenna said on
Sunday without...
Read more
price on provinces that do not adequately regulate emissions by
themselves, Environment Minister Catherine McKenna said on
Sunday without...
Read more
Greek central bank chief says no friction with government
ATHENS, Sept 17 (Reuters) - The governor of the Central Bank
of Greece denied on Saturday friction in relations with the
government, against the backdrop of an anti-corruption probe
which has...
Read more
of Greece denied on Saturday friction in relations with the
government, against the backdrop of an anti-corruption probe
which has...
Read more
Saturday, September 17, 2016
UPDATE 1-Novartis says MS drug cut risk of disability advance in study
ZURICH, Sept 17 (Reuters) - Novartis's
investigational multiple sclerosis drug cut the risk of
disability progression in patients with a tough-to-treat form of
the disease versus a placebo, the...
Read more
investigational multiple sclerosis drug cut the risk of
disability progression in patients with a tough-to-treat form of
the disease versus a placebo, the...
Read more
Novartis says MS drug cut risk of disability advance in study
ZURICH, Sept 17 (Reuters) - Novartis's
investigational multiple sclerosis drug cut the risk of
disability progression in patients with a tough-to-treat form of
the disease versus a placebo, the...
Read more
investigational multiple sclerosis drug cut the risk of
disability progression in patients with a tough-to-treat form of
the disease versus a placebo, the...
Read more
UPDATE 1-Florida man sues Samsung, says Galaxy Note 7 exploded
Sept 16 (Reuters) - Samsung Electronics Co was
sued on Friday by a Florida man who said he suffered severe
burns after his Galaxy Note 7 smartphone exploded in his front
pants pocket.
Read more
sued on Friday by a Florida man who said he suffered severe
burns after his Galaxy Note 7 smartphone exploded in his front
pants pocket.
Read more
Friday, September 16, 2016
Exxon probe faces uphill climb amid ambiguous accounting rules
NEW YORK, Sept 16 (Reuters) - New York Attorney General Eric
Schneiderman faces an uphill climb in building a case against
Exxon Mobil Corp for not writing down assets amid the
oil-price slump...
Read more
Schneiderman faces an uphill climb in building a case against
Exxon Mobil Corp for not writing down assets amid the
oil-price slump...
Read more
UPDATE 1-Wells Fargo faces proposed class action over bogus accounts
NEW YORK, Sept 16 (Reuters) - Wells Fargo & Co,
embroiled in a scandal over the opening of sham accounts, was
sued on Friday by customers who accused the bank of fraud and
recklessness for its...
Read more
embroiled in a scandal over the opening of sham accounts, was
sued on Friday by customers who accused the bank of fraud and
recklessness for its...
Read more
Mobileye says it warned Tesla against enabling 'hands-free' driving
FRANKFURT, Sept 16 (Reuters) - Mobileye NV said in
a U.S. securities filing on Friday that its top executives were
assured by Tesla Motors Inc Chief Executive Elon Musk
that drivers of the company's...
Read more
a U.S. securities filing on Friday that its top executives were
assured by Tesla Motors Inc Chief Executive Elon Musk
that drivers of the company's...
Read more
BRIEF-Kimberly Page reports 9.99 pct passive stake in WPCS International
* Kimberly Page reports 9.99 pct passive stake in WPCS
International Inc as of September 15
Source text - http://bit.ly/2ct9iQ5
Further company coverage:
Read more
International Inc as of September 15
Source text - http://bit.ly/2ct9iQ5
Further company coverage:
Read more
UPDATE 1-EPA says glyphosate, used in Monsanto herbicide, likely not carcinogenic
CHICAGO, Sept 16 (Reuters) - Glyphosate, the key ingredient
in Monsanto Co's Roundup herbicide, is not likely
carcinogenic to humans, the U.S. Environmental Protection Agency
said on Friday as it...
Read more
in Monsanto Co's Roundup herbicide, is not likely
carcinogenic to humans, the U.S. Environmental Protection Agency
said on Friday as it...
Read more
Florida man sues Samsung, says Galaxy Note 7 exploded
Sept 16 (Reuters) - Samsung Electronics Co was
sued on Friday by a Florida man who said he suffered severe
burns after his Galaxy Note 7 smartphone exploded in his front
pants pocket.
Read more
sued on Friday by a Florida man who said he suffered severe
burns after his Galaxy Note 7 smartphone exploded in his front
pants pocket.
Read more
Nevada approves SolarCity, Berkshire unit's rooftop solar pact
Sept 16 (Reuters) - Nevada's utility regulator on Friday
approved a settlement between SolarCity Corp and the NV
Energy unit of Warren Buffett's Berkshire Hathaway Inc
that grandfathers roughly...
Read more
approved a settlement between SolarCity Corp and the NV
Energy unit of Warren Buffett's Berkshire Hathaway Inc
that grandfathers roughly...
Read more
UPDATE 1-Central banks confirm formed task force on payments fraud
NEW YORK, Sept 16 (Reuters) - A committee of the world's
major central banks said on Friday it has launched a task force
to examine cyber security in cross-border banking and to ensure
interbank...
Read more
major central banks said on Friday it has launched a task force
to examine cyber security in cross-border banking and to ensure
interbank...
Read more
U.S. House committee to hold hearing on Wells Fargo sales practices
WASHINGTON, Sept 16 (Reuters) - The U.S. House Financial
Services Committee has opened a probe into Wells Fargo's
sales practices and plans to call the company's chief executive
before lawmakers at...
Read more
Services Committee has opened a probe into Wells Fargo's
sales practices and plans to call the company's chief executive
before lawmakers at...
Read more
DEALTALK-Trump's Mexico plans reignite Banamex questions for Citigroup
Sept 16 (Reuters) - For Citigroup Inc executives,
being asked why they won't sell their Mexican bank subsidiary
Banamex is as annoying as the yapping of a Chihuahua. But the
question keeps coming up.
Read more
being asked why they won't sell their Mexican bank subsidiary
Banamex is as annoying as the yapping of a Chihuahua. But the
question keeps coming up.
Read more
Global central banks confirm formed task force on payments
NEW YORK, Sept 16 (Reuters) - A committee of the world's
major central banks said on Friday it has launched a task force
to examine cyber security in global banking and to ensure
protections are in...
Read more
major central banks said on Friday it has launched a task force
to examine cyber security in global banking and to ensure
protections are in...
Read more
RPT-UPDATE 3-Deutsche Bank to fight $14 billion demand from U.S. authorities
FRANKFURT, Sept 16 (Reuters) - Deutsche Bank said
it would fight a $14 billion demand from the U.S. Department of
Justice to settle claims it missold mortgage-backed securities,
a shock bill that...
Read more
it would fight a $14 billion demand from the U.S. Department of
Justice to settle claims it missold mortgage-backed securities,
a shock bill that...
Read more
Spiked M&A deals set for record as regulators increase scrutiny
NEW YORK, Sept 16 (IFR) - Bayer will be hoping that its
US$66bn purchase of Monsanto won't succumb to the same failure
that has tripped up many other mergers and acquisitions this
year, as regulators...
Read more
US$66bn purchase of Monsanto won't succumb to the same failure
that has tripped up many other mergers and acquisitions this
year, as regulators...
Read more
UPDATE 1-EU court annuls dumping duties on Argentina, Indonesia biodiesel
BRUSSELS, Sept 16 (Reuters) - A European Union court
delivered a series of rulings on Thursday to annul anti-dumping
duties imposed on exporters of biodiesel from Indonesia and
Argentina.
Read more
delivered a series of rulings on Thursday to annul anti-dumping
duties imposed on exporters of biodiesel from Indonesia and
Argentina.
Read more
CORRECTED-(OFFICIAL)-Financial regulator investigates timing of Linde announcements
FRANKFURT, Sept 16 (Reuters) - Germany's financial markets
regulator BaFin on Friday said it had launched a routine
investigation into whether industrial gases supplier Linde
held back information...
Read more
regulator BaFin on Friday said it had launched a routine
investigation into whether industrial gases supplier Linde
held back information...
Read more
BRIEF-EMA recommends approval of three new cancer treatments
* Recommends approval of Eli Lilly and Boehringer
Ingelheim's Glyxambi for treatment of type 2 diabetes
Read more
Ingelheim's Glyxambi for treatment of type 2 diabetes
Read more
BRIEF-Advanced Accelerator Applications announces positive EMA opinion on application for SomaKit TOC
* Advanced Accelerator Applications announces positive EMA
opinion on application for SomaKit TOC kit for
radiopharmaceutical preparation of gallium (Ga 68) edotreotide
for gastroenteropancreatic...
Read more
opinion on application for SomaKit TOC kit for
radiopharmaceutical preparation of gallium (Ga 68) edotreotide
for gastroenteropancreatic...
Read more
UPDATE 1-New York investigating Exxon's accounting practices - WSJ
Sept 16 (Reuters) - New York Attorney General Eric
Schneiderman is investigating Exxon Mobil Corp's
accounting practices and why the company hasn't written down the
value of its assets despite a...
Read more
Schneiderman is investigating Exxon Mobil Corp's
accounting practices and why the company hasn't written down the
value of its assets despite a...
Read more
BRIEF-New York AG investigating Exxon's accounting practices- WSJ, citing sources
* New York attorney general Eric Schneiderman is
investigating why Exxon Mobil hasn't written down the value of
its assets- WSJ, citing sources
Source (http://on.wsj.com/2cvIaBU)
Read more
investigating why Exxon Mobil hasn't written down the value of
its assets- WSJ, citing sources
Source (http://on.wsj.com/2cvIaBU)
Read more
ECB's Villeroy sees cross-border bank mergers after regulations settle
PARIS, Sept 16 (Reuters) - Europe's banking sector will be
ripe for consolidation once international bank regulations
currently being thrashed out are finalised, ECB governing
council member Francois...
Read more
ripe for consolidation once international bank regulations
currently being thrashed out are finalised, ECB governing
council member Francois...
Read more
RPT-German banks count cost of global shipping crisis
LONDON/FRANKFURT, Sept 15 (Reuters) - German banks are
struggling to recoup tens of billions of dollars of loans as a
global shipping industry slump hits them hard.
Read more
struggling to recoup tens of billions of dollars of loans as a
global shipping industry slump hits them hard.
Read more
Thursday, September 15, 2016
BRIEF-Blackpearl Resources says its Blackrod project receives regulatory approval
* Its commercial development application at Blackrod
received regulatory ,environmental approval from Alberta energy
regulator
Source text for Eikon:
Read more
received regulatory ,environmental approval from Alberta energy
regulator
Source text for Eikon:
Read more
PRESS DIGEST - Wall Street Journal - Sept 16
Sept 16 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wells Fargo faces scrutiny over lack of sales scandal disclosure
NEW YORK, Sept 16 (Reuters) - A phantom account scandal at
Wells Fargo & Co has put the U.S. bank's disclosure
policies under a harsh spotlight.
Read more
Wells Fargo & Co has put the U.S. bank's disclosure
policies under a harsh spotlight.
Read more
UPDATE 1-Top U.S. bank regulator says Wells Fargo case shows sales risks
CAMBRIDGE, Mass., Sept 15 (Reuters) - The U.S. Comptroller
of the Currency said a recent case against Wells Fargo & Co
concerning phantom accounts highlights the risks other
banks face in their...
Read more
of the Currency said a recent case against Wells Fargo & Co
concerning phantom accounts highlights the risks other
banks face in their...
Read more
PRESS DIGEST- Financial Times - Sept 16
Sept 15 (Reuters) - The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
UPDATE 2-Deutsche Bank says U.S. DoJ asks it to pay $14 bln to settle mortgages case
FRANKFURT, Sept 16 (Reuters) - The U.S. Department of
Justice is asking Deutsche Bank to pay $14 billion to
settle an investigation into its selling of mortgage-backed
securities, Germany's flagship...
Read more
Justice is asking Deutsche Bank to pay $14 billion to
settle an investigation into its selling of mortgage-backed
securities, Germany's flagship...
Read more
Tesla says Mobileye balked after learning carmaker to make own cameras
SAN FRANCISCO, Sept 15 (Reuters) - Tesla Motors Inc
on Thursday said its former camera supplier Mobileye
disparaged the safety of Tesla's assisted driving technology
Autopilot after learning the...
Read more
on Thursday said its former camera supplier Mobileye
disparaged the safety of Tesla's assisted driving technology
Autopilot after learning the...
Read more
Top U.S. bank regulator defends standards on capital, leverage
CAMBRIDGE, Mass. Sept 15 (Reuters) - The U.S. Comptroller of
the Currency on Thursday defended capital requirements and other
standards for banks and said they have made the institutions
more...
Read more
the Currency on Thursday defended capital requirements and other
standards for banks and said they have made the institutions
more...
Read more
BRIEF-Samsung phones must be off and unplugged during flights - U.S. FAA
* The U.S. Federal Aviation Administration says air
travelers must keep Samsung Galaxy Note 7 phones off and
unplugged during flight, strengthening its previous advisory
since U.S. Consumer Product...
Read more
travelers must keep Samsung Galaxy Note 7 phones off and
unplugged during flight, strengthening its previous advisory
since U.S. Consumer Product...
Read more
Brazil centrist parties vow to back Temer fiscal plan
BRASILIA, Sept 15 (Reuters) - Centrist parties pledged their
support for President Michel Temer's plan to curb public
spending and balance Brazil's overdrawn government accounts on
Thursday, raising...
Read more
support for President Michel Temer's plan to curb public
spending and balance Brazil's overdrawn government accounts on
Thursday, raising...
Read more
UPDATE 1-Samsung to recall Galaxy Note 7 smartphones - U.S. agency
Sept 15 (Reuters) - Samsung Electronics Co Ltd
will recall Galaxy Note 7 smartphones due to serious fire and
burn hazards, the U.S. Consumer Product Safety Commission (CPSC)
said.
Read more
will recall Galaxy Note 7 smartphones due to serious fire and
burn hazards, the U.S. Consumer Product Safety Commission (CPSC)
said.
Read more
Camel smoker John Boehner joins Reynolds American's board
Sept 15 (Reuters) - Tobacco giant Reynolds American Inc
said it appointed John Boehner, a former House Speaker
and a known smoker of the company's Camel cigarettes, to its
board.
Read more
said it appointed John Boehner, a former House Speaker
and a known smoker of the company's Camel cigarettes, to its
board.
Read more
German banks count cost of global shipping crisis
LONDON/FRANKFURT, Sept 15 (Reuters) - German banks are
struggling to recoup tens of billions of dollars of loans as a
global shipping industry slump hits them hard.
Read more
struggling to recoup tens of billions of dollars of loans as a
global shipping industry slump hits them hard.
Read more
EU court annuls dumping duties on Argentina, Indonesia biodiesel
BRUSSELS, Sept 15 (Reuters) - A European Union court
delivered a series of rulings on Thursday to annul anti-dumping
duties imposed on exporters of biodiesel from Indonesia and
Argentina.
Read more
delivered a series of rulings on Thursday to annul anti-dumping
duties imposed on exporters of biodiesel from Indonesia and
Argentina.
Read more
U.S. congressional panel to hold fuel rules hearing
WASHINGTON, Sept 15 (Reuters) - A congressional panel will
hold a hearing on Sept. 22 to look at the fate of fuel
efficiency rules through 2025 amid growing concerns from
automakers.
Read more
hold a hearing on Sept. 22 to look at the fate of fuel
efficiency rules through 2025 amid growing concerns from
automakers.
Read more
Alpha Corp to admit pricing scheme, pay $9 mln criminal fine, U.S. says
WASHINGTON, Sept 15 (Reuters) - Japan-based Alpha Corp
will pay a $9 million criminal fine after admitting its
role in "a price-fixing and bid-rigging conspiracy" over
automotive access mechanisms...
Read more
will pay a $9 million criminal fine after admitting its
role in "a price-fixing and bid-rigging conspiracy" over
automotive access mechanisms...
Read more
U.S. approves Aralez pill for heart patients; stock jumps
Sept 15 (Reuters) - The U.S. Food and Drug Administration on
Thursday approved a pill that combines aspirin and the
acid-fighting drug omeprazole to guard against gastric ulcers in
patients who...
Read more
Thursday approved a pill that combines aspirin and the
acid-fighting drug omeprazole to guard against gastric ulcers in
patients who...
Read more
College operator ITT Educational Services plans bankruptcy-sources
Sept 15 (Reuters) - For-profit U.S. college operator ITT
Educational Services Inc is preparing to file for
bankruptcy after the U.S. government restricted financial aid to
new students, according to...
Read more
Educational Services Inc is preparing to file for
bankruptcy after the U.S. government restricted financial aid to
new students, according to...
Read more
German antitrust watchdog raids drugs distributors
FRANKFURT, Sept 15 (Reuters) - Germany's antitrust regulator
raided eight drug wholesale companies, including a subsidiary of
U.S. healthcare services provider McKesson Corp, on
suspicion of illegal...
Read more
raided eight drug wholesale companies, including a subsidiary of
U.S. healthcare services provider McKesson Corp, on
suspicion of illegal...
Read more
LPC: Loan market preparing for SEC liquidity rules
NEW YORK, Sept 15 (Reuters) - Managers of loan mutual funds
are preparing for the release of final rules from the US
Securities and Exchange Commission (SEC) that seek to improve
the liquidity risk...
Read more
are preparing for the release of final rules from the US
Securities and Exchange Commission (SEC) that seek to improve
the liquidity risk...
Read more
RPT-Farmers must have choice post Bayer-Monsanto merger - EU's Vestager
PARIS, Sept 15 (Reuters) - European Union anti-trust chief
Margrethe Vestager said on Thursday that farmers must continue
to have a choice when buying seeds and pesticides after the
merger between...
Read more
Margrethe Vestager said on Thursday that farmers must continue
to have a choice when buying seeds and pesticides after the
merger between...
Read more
BRIEF-Mimedx urges FDA to reconsider draft guidances
* Mimedx says continues to believe that its marketing of
its products as section 361 hct/ps is consistent with applicable
statutes and regulations
Read more
its products as section 361 hct/ps is consistent with applicable
statutes and regulations
Read more
RPT-Soda lobby, others sue to block Philadelphia's soda tax
NEW YORK, Sept 14 (Reuters) - The U.S. soda lobby and small
businesses are suing to block Philadelphia's soft drinks tax,
marking the latest clash between the industry and public
officials seeking to...
Read more
businesses are suing to block Philadelphia's soft drinks tax,
marking the latest clash between the industry and public
officials seeking to...
Read more
BRIEF-Varian Medical Systems receives FDA 510(K) clearance for Nexus DR digital x-ray imaging system
* Varian Medical Systems receives FDA 510(K) clearance for
Nexus DR digital x-ray imaging system
Source text for Eikon:
Further company coverage:
Read more
Nexus DR digital x-ray imaging system
Source text for Eikon:
Further company coverage:
Read more
BRIEF-UK's CMA makes proposals to remedy provisional ICE/Trayport deal concerns
* UK's CMA announces proposal to remedy provisional SLC
identified by CMA in ICE/Trayport merger inquiry
Read more
identified by CMA in ICE/Trayport merger inquiry
Read more
Malaysia confirms debris found in Tanzania is from MH370
KUALA LUMPUR, Sept 15 (Reuters) - Malaysia said on Thursday
that a large piece of aircraft debris discovered on the island
of Pemba, off the coast of Tanzania, in June, was from the
missing Malaysia...
Read more
that a large piece of aircraft debris discovered on the island
of Pemba, off the coast of Tanzania, in June, was from the
missing Malaysia...
Read more
UPDATE 1-Danish watchdog asks audit office to investigate DONG Energy IPO
COPENHAGEN, Sept 15 (Reuters) - A Danish political watchdog
on Wednesday asked the national audit office to investigate the
role of key parties involved in the share market flotation of
offshore wind...
Read more
on Wednesday asked the national audit office to investigate the
role of key parties involved in the share market flotation of
offshore wind...
Read more
Indonesia to look into Ford's sales after report on tax avoidance
JAKARTA, Sept 15 (Reuters) - Indonesia's tax office said it
will look into whether Ford Motor Co had avoided paying
appropriate taxes, after a local newspaper reported that the
U.S. car maker...
Read more
will look into whether Ford Motor Co had avoided paying
appropriate taxes, after a local newspaper reported that the
U.S. car maker...
Read more
UPDATE 1-UK Stocks-Factors to watch on Sept. 15
Sept 15 (Reuters) - Britain's FTSE 100 index is seen opening down 13
to 15 points, or 0.2 percent lower, on Thursday, according to financial
bookmakers, with futures down 0.3 percent ahead of the...
Read more
to 15 points, or 0.2 percent lower, on Thursday, according to financial
bookmakers, with futures down 0.3 percent ahead of the...
Read more
UPDATE 1-Indian rupee falls on report a minister urges devaluation; finmin denies
MUMBAI/NEW DELHI, Sept 15 (Reuters) - The Indian rupee fell
abruptly on Thursday after a television channel reported that
the commerce ministry will propose a devaluation in the unit to
promote...
Read more
abruptly on Thursday after a television channel reported that
the commerce ministry will propose a devaluation in the unit to
promote...
Read more
Wednesday, September 14, 2016
PRESS DIGEST- British Business - Sept 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
British newspapers. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
UK Stocks-Factors to watch on Sept. 15
Sept 15 (Reuters) - Britain's FTSE 100 index is seen opening down 13
to 15 points, or 0.2 percent lower, on Thursday, according to financial
bookmakers.
* The UK blue chip index closed 0.12...
Read more
to 15 points, or 0.2 percent lower, on Thursday, according to financial
bookmakers.
* The UK blue chip index closed 0.12...
Read more
UPDATE 1-FDA panel recommends dropping serious warning on Pfizer's Chantix
Sept 14 (Reuters) - A serious warning on Pfizer Inc's
quit smoking drug should be removed, 10 of 19
independent panelists to the U.S. Food and Drug Administration
recommended on Wednesday, after...
Read more
quit smoking drug should be removed, 10 of 19
independent panelists to the U.S. Food and Drug Administration
recommended on Wednesday, after...
Read more
UPDATE 2-U.S. judge vacates Och-Ziff class action hours after certifying it
NEW YORK, Sept 14 (Reuters) - A federal judge on Wednesday
certified a class-action lawsuit against Och-Ziff Capital
Management Group LLC related to a bribery probe, only to
throw out the...
Read more
certified a class-action lawsuit against Och-Ziff Capital
Management Group LLC related to a bribery probe, only to
throw out the...
Read more
Soda lobby, others sue to block Philadelphia's soda tax
NEW YORK, Sept 14 (Reuters) - The U.S. soda lobby and small
businesses are suing to block Philadelphia's soft drinks tax,
marking the latest clash between the industry and public
officials seeking to...
Read more
businesses are suing to block Philadelphia's soft drinks tax,
marking the latest clash between the industry and public
officials seeking to...
Read more
UPDATE 2-U.S. prosecutors investigate Wells Fargo's sales practices -source
NEW YORK, Sept 14 (Reuters) - U.S. prosecutors have begun an
investigation related to sales practices at Wells Fargo & Co
that led the bank to agree to a $190 million settlement
with regulators, a...
Read more
investigation related to sales practices at Wells Fargo & Co
that led the bank to agree to a $190 million settlement
with regulators, a...
Read more
BRIEF-U.S. FDA panel votes in favor of removing boxed warning on Pfizer's quit-smoking drug Chantix
* 10 Of 19 panelists to FDA vote in favor of removing boxed
warning of serious neuropsychiatric side effects on Pfizer's
quit-smoking drug Chantix
Read more
warning of serious neuropsychiatric side effects on Pfizer's
quit-smoking drug Chantix
Read more
GSK shingles vaccine remains effective after four years -study
Sept 14 (Reuters) - GlaxoSmithKline's experimental
vaccine to prevent the intensely painful condition known as
shingles remained 90 percent effective in people over age 70
even four years after...
Read more
vaccine to prevent the intensely painful condition known as
shingles remained 90 percent effective in people over age 70
even four years after...
Read more
Law clerk in napkin-chewing insider case gets nearly 4 years prison
Sept 14 (Reuters) - The former law firm clerk whose tips
about corporate mergers fueled an insider trading scheme in
which one participant ate evidence written on napkins and
Post-its in Grand...
Read more
about corporate mergers fueled an insider trading scheme in
which one participant ate evidence written on napkins and
Post-its in Grand...
Read more
Volkswagen says it might not resume U.S. sales of diesel vehicles
WASHINGTON, Sept 14 (Reuters) - Volkswagen AG
said on Wednesday it has not decided if it will resume selling
diesel vehicles in the United States, even if it were allowed
to, in the wake of the...
Read more
said on Wednesday it has not decided if it will resume selling
diesel vehicles in the United States, even if it were allowed
to, in the wake of the...
Read more
Monte dei Paschi appoints Morelli as chief executive
MILAN, Sept 14 (Reuters) - Troubled Italian bank Monte dei
Paschi di Siena as expected on Wednesday appointed the
head of Bank of America Merrill Lynch in Italy as its new chief
executive.
Read more
Paschi di Siena as expected on Wednesday appointed the
head of Bank of America Merrill Lynch in Italy as its new chief
executive.
Read more
Automated trading could work against investors -U.S. SEC chief
WASHINGTON, Sept 14 (Reuters) - The chair of the U.S.
Securities and Exchange Commission on Wednesday raised concerns
that automated trading could hurt some investors, and laid out
the regulator's...
Read more
Securities and Exchange Commission on Wednesday raised concerns
that automated trading could hurt some investors, and laid out
the regulator's...
Read more
Bayer investor Royal London backs agreed $128/share Monsanto offer
LONDON, Sept 14 (Reuters) - Bayer investor Royal
London Asset Management said on Wednesday it backed the agreed
deal for U.S. rival Monsanto, calling it "a great deal
for Bayer shareholders".
Read more
London Asset Management said on Wednesday it backed the agreed
deal for U.S. rival Monsanto, calling it "a great deal
for Bayer shareholders".
Read more
Danish watchdog asks audit office to investigate DONG Energy IPO
COPENHAGEN, Sept 14 (Reuters) - A Danish political watchdog
on Wednesday asked the national audit office to investigate the
role of key parties involved in the share market flotation of
offshore wind...
Read more
on Wednesday asked the national audit office to investigate the
role of key parties involved in the share market flotation of
offshore wind...
Read more
UPDATE 2-Juncker touts free telecom benefits, upsets Web firms with EU plan
* Showdown seen between content rights holders, websites
(Adds reaction from industry, consumer groups and other
context)
Read more
(Adds reaction from industry, consumer groups and other
context)
Read more
UPDATE 4-Bayer clinches Monsanto with improved $66 billion bid
* Bayer says expects deal to close by end-2017
(Adds company, investor, analyst comments, detail, shares)
Read more
(Adds company, investor, analyst comments, detail, shares)
Read more
European Parliament urges Poland to observe rule of law
BRUSSELS, Sept 14 (Reuters) - The European Parliament urged
Poland's eurosceptic government on Wednesday to resolve the
country's constitutional crisis by the end of October, saying
the paralysis of...
Read more
Poland's eurosceptic government on Wednesday to resolve the
country's constitutional crisis by the end of October, saying
the paralysis of...
Read more
Citigroup sees 3Q markets revenue up by mid-single digit vs year earlier
NEW YORK, Sept 14 (Reuters) - Citigroup Inc sees its
third-quarter market revenue rising by a mid-single digit
percentage point from a year earlier on stronger fixed income
and currency trading,...
Read more
third-quarter market revenue rising by a mid-single digit
percentage point from a year earlier on stronger fixed income
and currency trading,...
Read more
UPDATE 1-UK regulator seeks to ban former Barclays executive for misconduct
LONDON, Sept 14 (Reuters) - The UK markets regulator is
seeking to ban a former Barclays executive from holding
senior roles in the UK financial services industry, alleging he
recklessly made...
Read more
seeking to ban a former Barclays executive from holding
senior roles in the UK financial services industry, alleging he
recklessly made...
Read more
BRIEF-Great Elm Capital Group files for non-timely 10-K with U.S. SEC
* Files for non-timely 10-K with U.S. SEC - SEC Filing
Source - http://bit.ly/2ce4kJh
Further company coverage:
Read more
Source - http://bit.ly/2ce4kJh
Further company coverage:
Read more
UK regulator bans former Barclays executive over misconduct
LONDON, Sept 14 (Reuters) - A former Barclays executive has
been banned from holding senior positions in the UK financial
services industry for misconduct, the Financial Services
Authority (FCA) said...
Read more
been banned from holding senior positions in the UK financial
services industry for misconduct, the Financial Services
Authority (FCA) said...
Read more
Bank bosses say no big slowdown in markets so far after Brexit vote
LONDON, Sept 14 (Reuters) - There has been no fundamental
slowdown in markets so far because of Britain's decision to
leave the European Union, top officials from the financial
services sector said...
Read more
slowdown in markets so far because of Britain's decision to
leave the European Union, top officials from the financial
services sector said...
Read more
BRIEF-Exelixis says European commission approves Cabometyx
* European Commission approves Cabometyx tablets for the
treatment of advanced renal cell carcinoma following
VEGF-targeted therapy
Read more
treatment of advanced renal cell carcinoma following
VEGF-targeted therapy
Read more
Tuesday, September 13, 2016
PRESS DIGEST- New York Times business news - Sept 14
Sept 14 (Reuters) - The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
CORRECTED-UPDATE 4-Hanjin Shipping secures $45 mln, more may take "considerable time"
SEOUL/SYDNEY, Sept 13 (Reuters) - The chairman of Hanjin
Group transferred 40 billion won ($36 million) to Hanjin
Shipping on Tuesday to help unload cargo stranded on
the troubled shipper's vessels,...
Read more
Group transferred 40 billion won ($36 million) to Hanjin
Shipping on Tuesday to help unload cargo stranded on
the troubled shipper's vessels,...
Read more
CORRECTED-Hanjin Shipping secures $36 mln, more may take "considerable time"
SEOUL, Sept 13 (Reuters) - The chairman of Hanjin Group
transferred 40 billion won ($36 million) to Hanjin Shipping
on Tuesday to help unload cargo stranded on the
troubled shipper's vessels, a...
Read more
transferred 40 billion won ($36 million) to Hanjin Shipping
on Tuesday to help unload cargo stranded on the
troubled shipper's vessels, a...
Read more
CORRECTED-UPDATE 3-Hanjin Shipping secures $45 mln, more may take "considerable time"
SEOUL/SYDNEY, Sept 13 (Reuters) - The chairman of Hanjin
Group transferred 40 billion won ($36 million) to Hanjin
Shipping on Tuesday to help unload cargo stranded on
the troubled shipper's vessels,...
Read more
Group transferred 40 billion won ($36 million) to Hanjin
Shipping on Tuesday to help unload cargo stranded on
the troubled shipper's vessels,...
Read more
UPDATE 1-Former AIG chief Hank Greenberg finally goes on trial
NEW YORK, Sept 13 (Reuters) - Opening arguments began on
Tuesday in the trial of former American International Group Inc
chairman Maurice "Hank" Greenberg over accounting fraud at the
insurance giant...
Read more
Tuesday in the trial of former American International Group Inc
chairman Maurice "Hank" Greenberg over accounting fraud at the
insurance giant...
Read more
UPDATE 1-Icahn says Trump better for U.S. economy than Clinton
NEW YORK, Sept 13 (Reuters) - Billionaire investor Carl
Icahn continued to throw his support behind the Republican U.S.
presidential candidate on Tuesday, saying Donald Trump would
reduce the...
Read more
Icahn continued to throw his support behind the Republican U.S.
presidential candidate on Tuesday, saying Donald Trump would
reduce the...
Read more
BRIEF-AC Immune SA sees IPO of 4.55 million common shares
* AC Immune SA expects IPO price to be between $11.00 and
$13.00 per common share
Source text - http://bit.ly/2cqbRDT
Read more
$13.00 per common share
Source text - http://bit.ly/2cqbRDT
Read more
CORRECTED-Wells Fargo may take more disciplinary action over sales abuses
Sept 13 (Reuters) - Wells Fargo & Co may take
additional disciplinary action over sales abuses that led to
$185 million in penalties and the firing of 5,300 employees, CFO
John Shrewsberry said at an...
Read more
additional disciplinary action over sales abuses that led to
$185 million in penalties and the firing of 5,300 employees, CFO
John Shrewsberry said at an...
Read more
CORRECTED-UPDATE 2-Wells Fargo may take more disciplinary action over sales abuses
Sept 13 (Reuters) - Wells Fargo & Co may take
additional disciplinary action over sales abuses that led to
$185 million in penalties and the firing of 5,300 employees,
Chief Financial Officer John...
Read more
additional disciplinary action over sales abuses that led to
$185 million in penalties and the firing of 5,300 employees,
Chief Financial Officer John...
Read more
BRIEF-Loandepot files to withdraw IPO plans
* Believes that withdrawal of IPO would be consistent with
public interest and protection of investors
Read more
public interest and protection of investors
Read more
BRIEF-Middlefield Banc files for resale of up to 338,636 shares
* Files for resale of up to 338,636 shares of common stock,
by selling stockholders - sec filing
Source text : http://bit.ly/2c6NKrs
Further company coverage:
Read more
by selling stockholders - sec filing
Source text : http://bit.ly/2c6NKrs
Further company coverage:
Read more
UPDATE 1-U.S. Congress dives into Wells Fargo case, executives to meet panel
WASHINGTON, Sept 13 (Reuters) - Wells Fargo's
practices of putting customers into fake accounts, which last
week led the U.S. government to fine the bank $190 million, took
center stage in Congress...
Read more
practices of putting customers into fake accounts, which last
week led the U.S. government to fine the bank $190 million, took
center stage in Congress...
Read more
U.S. bank overseer plans report on marketplace lending this fall
BOSTON, Sept 13 (Reuters) - The U.S. Comptroller of the
Currency said on Tuesday his agency plans to complete this
autumn a framework to regulate marketplace lending, citing
concerns that new...
Read more
Currency said on Tuesday his agency plans to complete this
autumn a framework to regulate marketplace lending, citing
concerns that new...
Read more
UPDATE 2-Wells Fargo may take more disciplinary action over sales abuses
Sept 13 (Reuters) - Wells Fargo & Co may take
additional disciplinary action over sales abuses that led to
$185 million in penalties and the firing of 5,300 employees,
Chief Financial Officer John...
Read more
additional disciplinary action over sales abuses that led to
$185 million in penalties and the firing of 5,300 employees,
Chief Financial Officer John...
Read more
BRIEF-Tanzanian Royalty Exploration files for sale of up to 14.51 mln shares
* Files for sale of up to 14.51 million common shares by
selling shareholder - sec filing
Source text : http://bit.ly/2cTo0oI
Further company coverage:
Read more
selling shareholder - sec filing
Source text : http://bit.ly/2cTo0oI
Further company coverage:
Read more
Barroso says EU "discriminating" over Goldman role
LONDON, Sept 13 (IFR) - Former European Commission president
Jose Manuel Barroso has accused the EU's executive arm of
discriminating against Goldman Sachs by launching a probe into
Barroso's...
Read more
Jose Manuel Barroso has accused the EU's executive arm of
discriminating against Goldman Sachs by launching a probe into
Barroso's...
Read more
BRIEF-Medtronic receives FDA approval of first drug-coated balloon for treatment of in-stent restenosis
* Medtronic Plc says receives FDA approval of first drug
coated balloon for treatment of in-stent restenosis
Read more
coated balloon for treatment of in-stent restenosis
Read more
BRIEF-Barry Honig submitted letter to CEO of Venaxis conveying concerns regarding co's failed strategic acquisition attempts
* On Sept 13, submitted letter to CEO of Venaxis conveying
concerns regarding co's failed strategic acquisition attempts -
SEC filing
Read more
concerns regarding co's failed strategic acquisition attempts -
SEC filing
Read more
BRIEF-BCE files for debt shelf of up to $4 bln
* Files for debt shelf of up to $4.0 billion - sec filing
Source text : http://bit.ly/2ccbAp3
Further company coverage:
Read more
Source text : http://bit.ly/2ccbAp3
Further company coverage:
Read more
Wells Fargo may take more disciplinary action over sales abuses
Sept 13 (Reuters) - Wells Fargo & Co may take
additional disciplinary action over sales abuses that led to
$185 million in penalties and the firing of 5,300 employees, CFO
John Shrewsberry said at an...
Read more
additional disciplinary action over sales abuses that led to
$185 million in penalties and the firing of 5,300 employees, CFO
John Shrewsberry said at an...
Read more
Italy's Generali says not planning any merger
LONDON, Sept 13 (Reuters) - Italian insurer Generali's
Chief Executive Philippe Donnet said on Tuesday the
company was not planning to merge with AXA or with any
other company.
Read more
Chief Executive Philippe Donnet said on Tuesday the
company was not planning to merge with AXA or with any
other company.
Read more
Front runner for Monte Paschi CEO job in Frankfurt for ECB meetings- source
MILAN, Sept 13 (Reuters) - Marco Morelli, front runner to
take over the helm at troubled Italian lender Banca Monte dei
Paschi di Siena, was in Frankfurt on Tuesday to meet
regulators at the European...
Read more
take over the helm at troubled Italian lender Banca Monte dei
Paschi di Siena, was in Frankfurt on Tuesday to meet
regulators at the European...
Read more
PRESS DIGEST-Canada - Sept 13
Sept 13 (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
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
South Korea says tough luck to Hanjin as shipping line sinks
SEOUL, Sept 13 (Reuters) - The South Korean government, long
a bastion of support for the country's big conglomerates, is
sticking to its hard-line stance on Hanjin Shipping Co Ltd
, whose collapse...
Read more
a bastion of support for the country's big conglomerates, is
sticking to its hard-line stance on Hanjin Shipping Co Ltd
, whose collapse...
Read more
UPDATE 1-Hanjin Shipping secures $36 mln, more may take "considerable time"
* Ship held in Australia, others on the way face arrest -
sources
(Adds detail on vessels in Australia)
Read more
sources
(Adds detail on vessels in Australia)
Read more
Monday, September 12, 2016
EU reform plans to boost telcos, publishers due on Wednesday
BRUSSELS, Sept 13 (Reuters) - The European Commission will
unveil plans on Wednesday that could boost revenues for
telecoms operators such as Deutsche Telekom and
Orange and give publishers more...
Read more
unveil plans on Wednesday that could boost revenues for
telecoms operators such as Deutsche Telekom and
Orange and give publishers more...
Read more
UPDATE 1-UK Stocks-Factors to watch on Sept 13
Sept 13 (Reuters) - Britain's FTSE 100 index is seen opening up 26
to 30 points, or 0.4-0.5 percent, on Tuesday, according to financial bookmakers,
with futures up 0.4 percent ahead of the cash...
Read more
to 30 points, or 0.4-0.5 percent, on Tuesday, according to financial bookmakers,
with futures up 0.4 percent ahead of the cash...
Read more
Hanjin Shipping secures $36 mln, more may take "considerable time"
SEOUL, Sept 13 (Reuters) - The chairman of Hanjin Group
transferred 40 billion won ($36 million) to Hanjin Shipping
on Tuesday to help unload cargo stranded on the
troubled shipper's vessels, a...
Read more
transferred 40 billion won ($36 million) to Hanjin Shipping
on Tuesday to help unload cargo stranded on the
troubled shipper's vessels, a...
Read more
Brazil lower house expels ex-speaker for Swiss accounts lie
BRASILIA, Sept 12 (Reuters) - Brazil's lower house of
Congress voted on Monday to strip former speaker Eduardo Cunha
of his seat and ban him from politics for eight years for lying
about bank...
Read more
Congress voted on Monday to strip former speaker Eduardo Cunha
of his seat and ban him from politics for eight years for lying
about bank...
Read more
PRESS DIGEST- British Business - Sept 13
Sept 13 - The following are the top stories on the business
pages of British newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
pages of British newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
REFILE-U.S. tech firms urge Congress to allow internet domain changeover
WASHINGTON, Sept 12 (Reuters) - Major technology companies
including Facebook, Google and Twitter
are urging Congress to support a plan for the U.S. government to
cede control of the internet's...
Read more
including Facebook, Google and Twitter
are urging Congress to support a plan for the U.S. government to
cede control of the internet's...
Read more
UPDATE 1-Obama asks U.S. insurers for help enrolling the young and healthy
Sept 12 (Reuters) - President Barack Obama on Monday urged
U.S. insurers offering coverage next year under his national
healthcare law to step up their efforts to enroll those who
remain uninsured,...
Read more
U.S. insurers offering coverage next year under his national
healthcare law to step up their efforts to enroll those who
remain uninsured,...
Read more
UPDATE 2-California first U.S. state to promise overtime to farmworkers
SACRAMENTO, Calif., Sept 12 (Reuters) - California will
become the first U.S. state to require farmers to pay overtime
to field workers and fruit pickers under a bill signed on Monday
by Democratic...
Read more
become the first U.S. state to require farmers to pay overtime
to field workers and fruit pickers under a bill signed on Monday
by Democratic...
Read more
UPDATE 1-Four U.S. lawmakers urge safety agency to address vehicle hacking
WASHINGTON, Sept 12 (Reuters) - Four Republican members of
Congress on Monday urged U.S. auto safety regulators to convene
an industry-wide effort to prevent possible attacks on computer
systems in...
Read more
Congress on Monday urged U.S. auto safety regulators to convene
an industry-wide effort to prevent possible attacks on computer
systems in...
Read more
UPDATE 1-U.S. trade panel affirms hot-rolled steel duties on seven countries
WASHINGTON, Sept 12 (Reuters) - The U.S. International Trade
Commission handed another victory to American steelmakers on
Monday, affirming most of the recent anti-dumping and
anti-subsidy duties on...
Read more
Commission handed another victory to American steelmakers on
Monday, affirming most of the recent anti-dumping and
anti-subsidy duties on...
Read more
U.S. congresswoman urges Labor Dept to probe Chipotle over wage theft allegations
CHICAGO, Sept 12 (Reuters) - A U.S. congresswoman urged the
Labor Department on Monday to investigate Chipotle Mexican Grill
for possible wage theft, another potential hurdle for
the burrito chain...
Read more
Labor Department on Monday to investigate Chipotle Mexican Grill
for possible wage theft, another potential hurdle for
the burrito chain...
Read more
BRIEF-Fate therapeutics files for offer, sale of up to 5.25 mln shares of co's common stock by selling stockholders
* Files for offer and sale of up to 5.25 million shares of
co's common stock by selling stockholders - sec filing
Source text (http://bit.ly/2cEgfzm)
Further company coverage:
Read more
co's common stock by selling stockholders - sec filing
Source text (http://bit.ly/2cEgfzm)
Further company coverage:
Read more
BRIEF-Troops says it has raised $6.95 mln in equity financing
* Says It Has Sold $6.95 Mln In Equity Financing From The
Total Offering Amount Of $7.0 Mln - Sec filing
Source text : http://bit.ly/2c4uNFU
Read more
Total Offering Amount Of $7.0 Mln - Sec filing
Source text : http://bit.ly/2c4uNFU
Read more
Nasdaq plan for key stock exchange data draws rebuke from Bats
NEW YORK, Sept 12 (Reuters) - Bats Global Markets
on Monday accused rival exchange operator Nasdaq Inc of
attempting to boost revenues by proposing a new feed for
industry data essential to U.S....
Read more
on Monday accused rival exchange operator Nasdaq Inc of
attempting to boost revenues by proposing a new feed for
industry data essential to U.S....
Read more
Fed has few tools to fight too-low inflation, Kashkari says
Sept 12 (Reuters) - The Federal Reserve has "perfect tools"
for fighting too-high inflation, but it has few tools to fight
the too-low inflation that has persisted for the past several
years, a top...
Read more
for fighting too-high inflation, but it has few tools to fight
the too-low inflation that has persisted for the past several
years, a top...
Read more
Austrian court refers Facebook privacy case to European court
VIENNA, Sept 12 (Reuters) - Austria's Supreme Court on
Monday referred to the European Court of Justice a class action
case brought against Facebook by an Austrian law student
over privacy issues.
Read more
Monday referred to the European Court of Justice a class action
case brought against Facebook by an Austrian law student
over privacy issues.
Read more
Samsung, LG sued over U.S. employee recruiting policies
SAN FRANCISCO, Sept 12 (Reuters) - Samsung Electronics Co
Ltd and LG Electronics were accused of
agreeing to avoid poaching each other's U.S. employees,
according to a U.S. civil lawsuit filed last...
Read more
Ltd and LG Electronics were accused of
agreeing to avoid poaching each other's U.S. employees,
according to a U.S. civil lawsuit filed last...
Read more
UPDATE 1-Samsung, LG sued over U.S. employee recruiting policies
SAN FRANCISCO, Sept 12 (Reuters) - Samsung Electronics Co
Ltd and LG Electronics were accused of
agreeing to avoid poaching each other's U.S. employees,
according to a U.S. civil lawsuit filed last...
Read more
Ltd and LG Electronics were accused of
agreeing to avoid poaching each other's U.S. employees,
according to a U.S. civil lawsuit filed last...
Read more
UPDATE 2-FDA staff flags concerns about Pfizer's quit-smoking drug study
Sept 12 (Reuters) - Pfizer Inc's trial data on
Chantix, a drug to help people quit smoking, failed to impress
U.S. Food and Drug Administration scientists, in a blow to the
company's attempts to have...
Read more
Chantix, a drug to help people quit smoking, failed to impress
U.S. Food and Drug Administration scientists, in a blow to the
company's attempts to have...
Read more
UPDATE 2-South Africa's Zuma repays some state money in home improvement scandal
* President has faced numerous scandals over the years
(Adds presidency, analyst quotes, details)
Read more
(Adds presidency, analyst quotes, details)
Read more
BRIEF-FDA staff say neuropsychiatric risk with Pfizer's quit-smoking drug varies in studies, trial design has limitations
* Neuropsychiatric risk with Pfizer's quit-smoking drug
varies in studies, trial design has limitations & biases that
affect interpretation
Read more
varies in studies, trial design has limitations & biases that
affect interpretation
Read more
BRIEF-Whirlpool corp says "WTO decision addressed technical aspects of how united states calculates anti-subsidy and antidumping duties in trade cases"
* Whirlpool corp says "WTO decision addressed technical
aspects of how United States calculates anti subsidy and
antidumping duties in trade cases"
Read more
aspects of how United States calculates anti subsidy and
antidumping duties in trade cases"
Read more
FDA staff flags concerns about Pfizer's quit-smoking drug study
Sept 12 (Reuters) - U.S. Food and Drug Administration
scientists have expressed concerns about a post-marketing study
of Pfizer Inc's drug Chantix, which is aimed at helping
smokers quit, according...
Read more
scientists have expressed concerns about a post-marketing study
of Pfizer Inc's drug Chantix, which is aimed at helping
smokers quit, according...
Read more
UPDATE 1-Trump says Fed keeping rates low because of pressure from Obama
WASHINGTON, Sept 12 (Reuters) - Republican presidential
nominee Donald Trump said on Monday that U.S. Federal Reserve
Chair Janet Yellen was keeping interest rates low because of
political pressure...
Read more
nominee Donald Trump said on Monday that U.S. Federal Reserve
Chair Janet Yellen was keeping interest rates low because of
political pressure...
Read more
BRIEF-Merck Canada says BRENZYS approved in Canada
* BRENZYS approved in Canada for treatment of adult patients
with moderate to severe rheumatoid arthritis and ankylosing
spondylitis
Source text for Eikon:
Further company coverage:
Read more
with moderate to severe rheumatoid arthritis and ankylosing
spondylitis
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Tesaro gets FDA fast track designation for niraparib
* Tesaro receives FDA fast track designation for niraparib
and initiates rolling NDA submission
Read more
and initiates rolling NDA submission
Read more
UPDATE 3-UK Stocks-Factors to watch on Sept 12
Sept 12 (Reuters) - Britain's FTSE 100 index is seen opening down 96
points, or 1.4 percent, on Monday, according to financial bookmakers, with
futures down 1.2 percent ahead of the cash market open.
Read more
points, or 1.4 percent, on Monday, according to financial bookmakers, with
futures down 1.2 percent ahead of the cash market open.
Read more
Sunday, September 11, 2016
Fed's Kashkari sees cure for slow growth in immigration, tax reform
Sept 12 (Reuters) - With the Federal Reserve powerless to do
much more than it already is, the best route to faster U.S.
economic growth is through non-monetary policy approaches such
as immigration...
Read more
much more than it already is, the best route to faster U.S.
economic growth is through non-monetary policy approaches such
as immigration...
Read more
UPDATE 1-Tesla says new Autopilot would likely have prevented fatality
SAN FRANCISCO/WASHINGTON, Sept 11 (Reuters) - Tesla Motors
Co Chief Executive Elon Musk said on Sunday the
automaker was updating its semi-autonomous driving system
Autopilot with new limits on...
Read more
Co Chief Executive Elon Musk said on Sunday the
automaker was updating its semi-autonomous driving system
Autopilot with new limits on...
Read more
Tesla says new Autopilot would likely have prevented fatality
SAN FRANCISCO, Sept 11 (Reuters) - Tesla Motors Co
said on Sunday an update of its semi-autonomous driving system
Autopilot would use advanced radar to improve its ability to
prevent crashes and...
Read more
said on Sunday an update of its semi-autonomous driving system
Autopilot would use advanced radar to improve its ability to
prevent crashes and...
Read more
Central bankers say Basel on right track with bank capital rules
LONDON, Sept 11 (Reuters) - Regulators are heading in the
the right direction in reforming the way banks calculate how
much capital they must hold to stay solvent, a group of central
bankers said on...
Read more
the right direction in reforming the way banks calculate how
much capital they must hold to stay solvent, a group of central
bankers said on...
Read more
UPDATE 1-U.S. Justice Department subpoenas Taro over generic drug pricing
WASHINGTON, Sept 11 (Reuters) - Taro Pharmaceutical
Industries Ltd and two of its senior officers received
grand jury subpoenas last week in connection with a federal
antitrust investigation into...
Read more
Industries Ltd and two of its senior officers received
grand jury subpoenas last week in connection with a federal
antitrust investigation into...
Read more
Brazil's Temer says pension reform will not be approved quickly - paper
BRASILIA, Sept 11 (Reuters) - The pension reform to be
proposed by the Brazilian government will not be approved
quickly, President Michel Temer told newspaper O Globo in an
interview published on...
Read more
proposed by the Brazilian government will not be approved
quickly, President Michel Temer told newspaper O Globo in an
interview published on...
Read more
U.S. Justice Department subpoenas Taro over generic drug pricing
WASHINGTON, Sept 11 (Reuters) - Taro Pharmaceutical
Industries Ltd. and two of its senior officers received
grand jury subpoenas last week in connection with a federal
antitrust investigation into...
Read more
Industries Ltd. and two of its senior officers received
grand jury subpoenas last week in connection with a federal
antitrust investigation into...
Read more
UPDATE 1-"Times are changing, pay your taxes", euro zone chief tells corporations
BRATISLAVA, Sept 10 (Reuters) - Multinational companies
should refrain from tax-avoidance practices and pay their fair
share, the head of euro zone finance ministers said on Saturday
in a new...
Read more
should refrain from tax-avoidance practices and pay their fair
share, the head of euro zone finance ministers said on Saturday
in a new...
Read more
Saturday, September 10, 2016
UPDATE 1-Monte Paschi rescue unchanged after CEO exit -Italy's Padoan
BRATISLAVA, Sept 10 (Reuters) - A rescue plan for Italian
bank Monte dei Paschi will not be modified following
the resignation on Thursday of its boss, the country's economy
minister said on Saturday.
Read more
bank Monte dei Paschi will not be modified following
the resignation on Thursday of its boss, the country's economy
minister said on Saturday.
Read more
Brexit will be tough for European Investment Bank says its chief
BRATISLAVA, Sept 10 (Reuters) - Britain's exit from the
European Union will create difficulties for the European
Investment Bank (EIB), a lender owned by EU governments, the
bank's president Werner...
Read more
European Union will create difficulties for the European
Investment Bank (EIB), a lender owned by EU governments, the
bank's president Werner...
Read more
Friday, September 9, 2016
UPDATE 3-U.S. tells consumers to stop using fire-prone Samsung phones
SEOUL/NEW YORK, Sept 9 (Reuters) - A U.S. government safety
agency on Friday urged all consumers to stop using Samsung
Galaxy Note 7 phones, which are prone to catch fire, and top
airlines globally...
Read more
agency on Friday urged all consumers to stop using Samsung
Galaxy Note 7 phones, which are prone to catch fire, and top
airlines globally...
Read more
BRIEF-Blackstone's Principal Accounting Officer reports open market sale of 11,500 shares of co
* Principal accounting officer Kathleen Skero reports open
market sale of 11,500 shares of co's common stock at average
price of $26.51 per share on Sept 7
Source: (http://bit.ly/2c6wBV7)
Further...
Read more
market sale of 11,500 shares of co's common stock at average
price of $26.51 per share on Sept 7
Source: (http://bit.ly/2c6wBV7)
Further...
Read more
UPDATE 1-BOK Financial to pay $1.6 mln for gatekeeping failures
Sept 9 (Reuters) - A BOK Financial Corporation unit has
agreed to pay more than $1.6 million to settle civil charges for
failing to alert investors to problems in municipal bond
offerings that turned...
Read more
agreed to pay more than $1.6 million to settle civil charges for
failing to alert investors to problems in municipal bond
offerings that turned...
Read more
UPDATE 3-Teva says aims to launch EpiPen-like device by 2018 in U.S.
Sept 9 (Reuters) - Teva Pharmaceutical Industries Ltd
said Friday it aims to win U.S. approval by late 2017
or early 2018 for its version of Mylan NV's EpiPen
device for treating severe allergic...
Read more
said Friday it aims to win U.S. approval by late 2017
or early 2018 for its version of Mylan NV's EpiPen
device for treating severe allergic...
Read more
U.S. blocks N.Dakota pipeline construction after court allows it to proceed
WASHINGTON, Sept 9 (Reuters) - The U.S. Army Department will
not allow construction of a crude oil pipeline to proceed on
Army Corps land near a lake in North Dakota until it can review
past...
Read more
not allow construction of a crude oil pipeline to proceed on
Army Corps land near a lake in North Dakota until it can review
past...
Read more
UPDATE 1-U.S. seeks halt to Dakota oil pipeline, after judge's ruling
WASHINGTON, Sept 9 (Reuters) - The U.S. government moved on
Friday to halt a controversial oil pipeline project in North
Dakota that has angered Native Americans, blocking construction
on federal...
Read more
Friday to halt a controversial oil pipeline project in North
Dakota that has angered Native Americans, blocking construction
on federal...
Read more
Lynn Tilton sues SEC, calls enforcement cases unconstitutional
NEW YORK, Sept 9 (Reuters) - Lynn Tilton, the New York
financier accused by the U.S. Securities and Exchange Commission
of defrauding her investors, on Friday sued the regulator to
stop it from...
Read more
financier accused by the U.S. Securities and Exchange Commission
of defrauding her investors, on Friday sued the regulator to
stop it from...
Read more
N. Dakota oil pipeline ruling expected soon from U.S. judge
WASHINGTON, Sept 9 (Reuters) - A U.S. federal judge is
expected to rule on Friday on whether to halt construction of a
crude oil pipeline in North Dakota that is opposed by Native
Americans who say...
Read more
expected to rule on Friday on whether to halt construction of a
crude oil pipeline in North Dakota that is opposed by Native
Americans who say...
Read more
EU mergers and takeovers (Sept 9)
BRUSSELS, Sept 9 (Reuters) - The following are mergers under
review by the European Commission and a brief guide to the EU
merger process:
Read more
review by the European Commission and a brief guide to the EU
merger process:
Read more
UPDATE 1-Canada implies won't demand regulator alter TransCanada pipeline panel
OTTAWA, Sept 9 (Reuters) - Canada on Friday indicated it
would not press the country's energy regulator to remove members
from a three-person panel looking into TransCanada Corp's
proposed Energy...
Read more
would not press the country's energy regulator to remove members
from a three-person panel looking into TransCanada Corp's
proposed Energy...
Read more
More work needed to move forward on EU crisis fund - Dombrovskis
BRUSSELS, Sept 9 (Reuters) - European Union finance
ministers need more time to find common ground on whether to set
up a crisis fund that could provide financial support to
countries in economic...
Read more
ministers need more time to find common ground on whether to set
up a crisis fund that could provide financial support to
countries in economic...
Read more
BRIEF-Hotchkis And Wiley Capital Management LLC reports 10.18 percent passive stake in Office Depot
* Hotchkis And Wiley Capital Management LLC reports 10.18
percent passive stake in Office Depot Inc as of August 31 - Sec
Filing
Source text : http://bit.ly/2cwtbHF
Further company coverage:
Read more
percent passive stake in Office Depot Inc as of August 31 - Sec
Filing
Source text : http://bit.ly/2cwtbHF
Further company coverage:
Read more
PRESS DIGEST-Canada - Sept 9
Sept 9 (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
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
Finland's Rehn: EU should stick to deficit rules
HELSINKI, Sept 9 (Reuters) - The European Union should stick
to the deficit rules in its Stability and Growth Pact, the EU's
former top economic official Olli Rehn said when asked about the
bloc's...
Read more
to the deficit rules in its Stability and Growth Pact, the EU's
former top economic official Olli Rehn said when asked about the
bloc's...
Read more
Uber performs U-turn on Macau exit plan
HONG KONG, Sept 9 (Reuters) - Global ride-hailing company
Uber Technologies has aborted plans to pull out of
Macau, citing support from residents in the Chinese-ruled
gambling hub.
Read more
Uber Technologies has aborted plans to pull out of
Macau, citing support from residents in the Chinese-ruled
gambling hub.
Read more
UPDATE 1-UK fraud agency charges three in Tesco accounting probe
LONDON, Sept 9 (Reuters) - Britain's Serious Fraud Office
said it has charged three former senior Tesco
executives with fraud in its investigation into accounting
practices at the country's biggest...
Read more
said it has charged three former senior Tesco
executives with fraud in its investigation into accounting
practices at the country's biggest...
Read more
RPT-U.S. refiners revamp operations as renewable fuel costs surge
NEW YORK, Sept 9 (Reuters) - U.S. oil refiners, beset by the
weakest profit margins in six years, have been laying off
workers, revamping operations and ratcheting up pressure on
regulators and...
Read more
weakest profit margins in six years, have been laying off
workers, revamping operations and ratcheting up pressure on
regulators and...
Read more
Patchwork of state laws hurts U.S. effort to modernize mortgages
NEW YORK, Sept 9 (Reuters) - As Chuck DeBonis was wrapping
up his stint as a civilian paramedic at a military base in
Kuwait earlier this year, he found a home he wanted to buy in
the Virginia town...
Read more
up his stint as a civilian paramedic at a military base in
Kuwait earlier this year, he found a home he wanted to buy in
the Virginia town...
Read more
EU to step up tax avoidance fight with plan for common tax base- Moscovici
BRATISLAVA, Sept 9 (Reuters) - The European Commission will
step up its campaign against corporate tax avoidance with
proposals in the coming weeks on a common tax base for
multinationals operating...
Read more
step up its campaign against corporate tax avoidance with
proposals in the coming weeks on a common tax base for
multinationals operating...
Read more
UPDATE 1-Juncker demands better EU telecom roaming charge plan
BRUSSELS, Sept 9 (Reuters) - The European Commission
withdrew proposals on Friday that would limit next year's
abolition of mobile roaming charges after criticism that the
rules should go further to...
Read more
withdrew proposals on Friday that would limit next year's
abolition of mobile roaming charges after criticism that the
rules should go further to...
Read more
UPDATE 1-Mastercard sued for $19 bln in Britain's biggest damages claim
* Fees passed on to consumers for 16 years - court filings
(Adds claimant comments, details)
Read more
(Adds claimant comments, details)
Read more
Deutsche Bank to pay more than $2.4 bln to settle mortgage case -manager magazin
FRANKFURT, Sept 9 (Reuters) - Deutsche Bank is
expected to settle U.S. investigations into past misselling
mortgage-backed securities for more than $2.4 billion, a German
monthly magazine reported.
Read more
expected to settle U.S. investigations into past misselling
mortgage-backed securities for more than $2.4 billion, a German
monthly magazine reported.
Read more
Germany's Schaeuble blames ECB for German export surplus
BRATISLAVA, Sept 9 (Reuters) - Germany has no plans to
reduce its export surplus, Finance Minister Wolfgang Schaeuble
said on Friday, as the European Central Bank (ECB) has not
changed its monetary...
Read more
reduce its export surplus, Finance Minister Wolfgang Schaeuble
said on Friday, as the European Central Bank (ECB) has not
changed its monetary...
Read more
Thursday, September 8, 2016
U.S. refiners revamp operations as renewable fuel costs surge
NEW YORK, Sept 9 (Reuters) - U.S. oil refiners, beset by the
weakest profit margins in six years, have been laying off
workers, revamping operations and ratcheting up pressure on
regulators and...
Read more
weakest profit margins in six years, have been laying off
workers, revamping operations and ratcheting up pressure on
regulators and...
Read more
UPDATE 3-U.S. regulator tells air passengers not to turn on Galaxy Note 7 phones
WASHINGTON/SYDNEY, Sept 9 (Reuters) - Airline passengers
should not turn on or charge their Samsung Electronics Co Ltd
Galaxy Note 7 smartphones during flights or stow
them in checked baggage due to...
Read more
should not turn on or charge their Samsung Electronics Co Ltd
Galaxy Note 7 smartphones during flights or stow
them in checked baggage due to...
Read more
N. Dakota governor calls in National Guard ahead of pipeline ruling
Sept 8 (Reuters) - North Dakota's governor activated 100
National Guard troops on Thursday ahead of an expected ruling by
a federal judge on a Native American tribe's request to halt
construction of...
Read more
National Guard troops on Thursday ahead of an expected ruling by
a federal judge on a Native American tribe's request to halt
construction of...
Read more
BRIEF-Cisco says SEC, DOJ decide not to bring enforcement actions against co
* SEC, DOJ recently informed they have decided not to bring
enforcement actions against co on FCPA violation allegations in
Russia, CIS
Source: (http://bit.ly/2cdILbt)
Further company coverage:
Read more
enforcement actions against co on FCPA violation allegations in
Russia, CIS
Source: (http://bit.ly/2cdILbt)
Further company coverage:
Read more
Bank of America agrees to pay ex-Merrill Lynch brokers $12.8 mln
NEW YORK, Sept 8 (Reuters) - Former Merrill Lynch advisers
who were fired after Bank of America merged with the brokerage
in 2008 won back some of the deferred compensation on which they
had missed...
Read more
who were fired after Bank of America merged with the brokerage
in 2008 won back some of the deferred compensation on which they
had missed...
Read more
UPDATE 1-FCC chief unveils revised U.S. pay-TV set-top box rules
Sept 8 (Reuters) - The chairman of the U.S. Federal
Communications Commission on Thursday unveiled revised proposed
rules to allow tens of millions of Americans to drop costly
rented pay-TV set-top...
Read more
Communications Commission on Thursday unveiled revised proposed
rules to allow tens of millions of Americans to drop costly
rented pay-TV set-top...
Read more
UPDATE 2-Federal Reserve asks Congress to limit Wall Street merchant banking
WASHINGTON/NEW YORK, Sept 8 (Reuters) - The Federal Reserve
Board recommended that Congress pare back Wall Street's ability
to own physical commodities and engage in other aspects of
merchant banking...
Read more
Board recommended that Congress pare back Wall Street's ability
to own physical commodities and engage in other aspects of
merchant banking...
Read more
Federal Reserve says it may ask banks for extra capital in a crisis
WASHINGTON, Sept 8 (Reuters) - Large U.S. banks may have to
boost their reserves to protect against losses in the face of a
financial crisis, the Federal Reserve said on Thursday as it
outlined...
Read more
boost their reserves to protect against losses in the face of a
financial crisis, the Federal Reserve said on Thursday as it
outlined...
Read more
EU to extend some telecom security rules to WhatsApp, Skype - draft
BRUSSELS, Sept 8 (Reuters) - The European Union is set to
extend some security rules currently only applicable to telecom
operators to web services such as WhatsApp, Skype
and Apple Inc's FaceTime,...
Read more
extend some security rules currently only applicable to telecom
operators to web services such as WhatsApp, Skype
and Apple Inc's FaceTime,...
Read more
Pfizer CEO says Clinton plan to curb drug prices would hurt consumers
Sept 8 (Reuters) - Pfizer Inc's chief executive on
Thursday said recent proposals by Democratic presidential
candidate Hillary Clinton to curb "unjustified" U.S. drug prices
would dampen investment...
Read more
Thursday said recent proposals by Democratic presidential
candidate Hillary Clinton to curb "unjustified" U.S. drug prices
would dampen investment...
Read more
UPDATE 1-Wells Fargo will pay $190 mln to settle customer fraud case
WASHINGTON, Sept 8 (Reuters) - Wells Fargo will pay $185
million in penalties and $5 million to customers that regulators
say were pushed into fee-generating accounts that they never
requested,...
Read more
million in penalties and $5 million to customers that regulators
say were pushed into fee-generating accounts that they never
requested,...
Read more
UPDATE 1-Brazil oil law change key to attracting investment -Statoil
BRASILIA, Sept 8 (Reuters) - Norway's Statoil sees
changes to Brazil's oil industry laws, including the end of
mandatory participation by Petrobras in all subsalt blocs, as
key for attracting foreign...
Read more
changes to Brazil's oil industry laws, including the end of
mandatory participation by Petrobras in all subsalt blocs, as
key for attracting foreign...
Read more
UPDATE 1-Former CFO of American Realty REIT is arrested, SEC sues two
NEW YORK, Sept 8 (Reuters) - The former chief financial
officer of American Realty Capital Properties Inc has been
arrested, a spokesman for U.S. Attorney Preet Bharara in
Manhattan said on Thursday.
Read more
officer of American Realty Capital Properties Inc has been
arrested, a spokesman for U.S. Attorney Preet Bharara in
Manhattan said on Thursday.
Read more
Abbott, Alere agree to mediate merger dispute
Sept 8 (Reuters) - Medical device maker Abbott Laboratories
and Alere Inc agreed on Thursday to work with a
mediator to settle their dispute over Abbott's role in obtaining
U.S. antitrust clearance...
Read more
and Alere Inc agreed on Thursday to work with a
mediator to settle their dispute over Abbott's role in obtaining
U.S. antitrust clearance...
Read more
UPDATE 1-Ex-Deutsche Bank trader pleads not guilty in U.S. in Libor case
NEW YORK, Sept 8 (Reuters) - A former Deutsche Bank AG
trader pleaded not guilty on Thursday to U.S. charges
that he conspired to manipulate Libor, the benchmark interest
rate at the center of...
Read more
trader pleaded not guilty on Thursday to U.S. charges
that he conspired to manipulate Libor, the benchmark interest
rate at the center of...
Read more
Tesla says Netherlands crash vehicle not operating on "Autopilot"
FRANKFURT, Sept 8 (Reuters) - A Tesla electric car
involved in a fatal crash in the Netherlands this week was not
using the "Autopilot" function at the time of the accident,
Tesla said on Thursday.
Read more
involved in a fatal crash in the Netherlands this week was not
using the "Autopilot" function at the time of the accident,
Tesla said on Thursday.
Read more
UPDATE 2-Denmark's Lundbeck loses EU pay-for-delay antitrust appeal
* Firm to study verdict before deciding on further appeal
(Adds Lundbeck comments, shares, details)
Read more
(Adds Lundbeck comments, shares, details)
Read more
BoE says won't stifle innovation as wrestles with fintech
LONDON, Sept 8 (Reuters) - The Bank of England will not
"stifle" innovation in financial technology with new rules as it
seeks to get to grips with its impact, a senior central bank
official said on...
Read more
"stifle" innovation in financial technology with new rules as it
seeks to get to grips with its impact, a senior central bank
official said on...
Read more
Walgreens says may have to sell 500-1000 stores for Rite Aid deal approval
Sept 8 (Reuters) - Drugstore chain Walgreens Boots Alliance
Inc said it would likely have to divest between 500 and
1000 stores to win regulatory approval for its planned
acquisition of Rite Aid Corp.
Read more
Inc said it would likely have to divest between 500 and
1000 stores to win regulatory approval for its planned
acquisition of Rite Aid Corp.
Read more
Navistar Defense gets DoD subpoena over sale of some suspension systems
Sept 8 (Reuters) - Navistar Defense LLC, a unit of Navistar
International Corp, said it received a subpoena from the
United States Department of Defense Inspector General requesting
documents related...
Read more
International Corp, said it received a subpoena from the
United States Department of Defense Inspector General requesting
documents related...
Read more
PRESS DIGEST- Canada - Sept 8
Sept 8 (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
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
BRIEF-Avnet says U.S. clears Premier Farnell deal
* U.S. FTC granted early termination of waiting period
required under Hart-Scott-Rodino Antitrust Improvements Act 1976
for Premier Farnell deal
Read more
required under Hart-Scott-Rodino Antitrust Improvements Act 1976
for Premier Farnell deal
Read more
South Africa's finance minister says up to Zuma whether he remains in office
CAPE TOWN, Sept 8 (Reuters) - South African Finance Minister
Pravin Gordhan, who is facing an investigation by police that
the opposition has called a "witch-hunt", said on Thursday that
whether he...
Read more
Pravin Gordhan, who is facing an investigation by police that
the opposition has called a "witch-hunt", said on Thursday that
whether he...
Read more
RPT-Barroso's Goldman job hits post-Brexit EU as it battles for trust
BRUSSELS, Sept 7 (Reuters) - EU officials are livid at their
former boss Jose Manuel Barroso for taking a job at Goldman
Sachs that has drawn public scorn just as they are trying to win
back trust in...
Read more
former boss Jose Manuel Barroso for taking a job at Goldman
Sachs that has drawn public scorn just as they are trying to win
back trust in...
Read more
PRESS DIGEST - Wall Street Journal - Sept 8
Sept 8 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wednesday, September 7, 2016
UPDATE 1-Florida politicians urge use of Intrexon GM mosquitoes for Zika
Sept 7 (Reuters) - Intrexon Corp said on Wednesday a
bipartisan coalition of Florida politicians had urged the U.S.
government to step up efforts to fight Zika, including
sanctioning the emergency...
Read more
bipartisan coalition of Florida politicians had urged the U.S.
government to step up efforts to fight Zika, including
sanctioning the emergency...
Read more
TD Bank markets US dollar Tier 2 notes at T+237.5bp area
SINGAPORE, Sept 8 (IFR) - Toronto-Dominion Bank is
marketing a SEC-registered US dollar benchmark 15-year non-call
10 subordinated non-viability contingent capital Tier 2 bond at
Treasuries plus...
Read more
marketing a SEC-registered US dollar benchmark 15-year non-call
10 subordinated non-viability contingent capital Tier 2 bond at
Treasuries plus...
Read more
UPDATE 1-SEC eyes contempt for Wyly estate's failure to pay $101 mln
NEW YORK, Sept 7 (Reuters) - U.S. securities regulators said
on Wednesday they want the executor of Charles Wyly's estate
held in contempt for failing to pay the $101.2 million owed as a
result of...
Read more
on Wednesday they want the executor of Charles Wyly's estate
held in contempt for failing to pay the $101.2 million owed as a
result of...
Read more
St. Jude's lawsuit against short-seller faces steep climb -lawyers
Sept 7 (Reuters) - St. Jude Medical will face an
uphill battle in its corporate defamation lawsuit over a
short-seller's report that said the medical device company's
heart implants were vulnerable...
Read more
uphill battle in its corporate defamation lawsuit over a
short-seller's report that said the medical device company's
heart implants were vulnerable...
Read more
Irish govt wins strong backing by parliament for EU Apple appeal
DUBLIN, Sept 7 (Reuters) - Ireland's government won strong
backing from parliament for its appeal against a 13-billion-euro
back tax bill the European Commission ordered it to collect from
Apple,...
Read more
backing from parliament for its appeal against a 13-billion-euro
back tax bill the European Commission ordered it to collect from
Apple,...
Read more
UPDATE 2-Viacom hires Morgan Stanley, LionTree for capital review -source
NEW YORK, Sept 7 (Reuters) - Viacom Inc has hired
Morgan Stanley and LionTree Llc to review its capital
structure, a source familiar with the situation said on
Wednesday, as the media company seeks...
Read more
Morgan Stanley and LionTree Llc to review its capital
structure, a source familiar with the situation said on
Wednesday, as the media company seeks...
Read more
BRIEF-LSI Industries files for mixed shelf of upto $100 mln
* Files for mixed shelf of upto $100 million - sec filing
Source: (http://bit.ly/2ctM4JY)
Further company coverage:
Read more
Source: (http://bit.ly/2ctM4JY)
Further company coverage:
Read more
BRIEF-Repros provides mid-stage results showing positive outcomes for oral Proellex
* Repros provides phase 2 results showing positive outcomes
for oral Proellex in women with moderate to severe Endometriosis
Read more
for oral Proellex in women with moderate to severe Endometriosis
Read more
UPDATE 3-St. Jude sues short-seller over heart device allegations
NEW YORK/BOSTON Sept 7 (Reuters) - St. Jude Medical Inc
on Wednesday sued short-selling firm Muddy Waters and
cybersecurity company MedSec Holdings Ltd, saying they
intentionally disseminated false...
Read more
on Wednesday sued short-selling firm Muddy Waters and
cybersecurity company MedSec Holdings Ltd, saying they
intentionally disseminated false...
Read more
Barroso's Goldman job hits post-Brexit EU as it battles for trust
BRUSSELS, Sept 7 (Reuters) - EU officials are livid at their
former boss Jose Manuel Barroso for taking a job at Goldman
Sachs that has drawn public scorn just as they are trying to win
back trust in...
Read more
former boss Jose Manuel Barroso for taking a job at Goldman
Sachs that has drawn public scorn just as they are trying to win
back trust in...
Read more
BRIEF-Intrexon says Florida House Members Request EUA for co's Oxitec Technology
* Florida Speaker-Designate and House Members Request
Emergency Authorization To Combat Aedes Aegypti Mosquitoes With
Oxitec Technology
Read more
Emergency Authorization To Combat Aedes Aegypti Mosquitoes With
Oxitec Technology
Read more
BRIEF-Allbirds Inc says raised about $7.2 mln in equity financing
* Allbirds Inc files to say it raised about $7.2 mln in
equity financing - SEC filing
Source text: (http://bit.ly/2c8GxYk)
Read more
equity financing - SEC filing
Source text: (http://bit.ly/2c8GxYk)
Read more
Dutchman dies in Tesla crash; firefighters feared electrocution
AMSTERDAM, Sept 7 (Reuters) - A Dutchman died on Wednesday
after his Tesla collided with a tree, according to
local authorities, and it took firefighters hours to remove his
body from the vehicle due...
Read more
after his Tesla collided with a tree, according to
local authorities, and it took firefighters hours to remove his
body from the vehicle due...
Read more
MOVES-Head of BlackRock quasi-consulting arm to leave company -memo
NEW YORK, Sept 7 (Reuters) - The man who since 2008 has run
BlackRock Inc's quasi-consulting arm for governments,
regulators and massive financial firms plans to leave the
company next year,...
Read more
BlackRock Inc's quasi-consulting arm for governments,
regulators and massive financial firms plans to leave the
company next year,...
Read more
UniCredit seeks strategic partner for asset manager Pioneer-sources
MILAN, Sept 7 (Reuters) - Italy's largest bank UniCredit
is seeking a strategic partner for its asset
management business Pioneer, as part of a plan to bolster its
capital base, several sources...
Read more
is seeking a strategic partner for its asset
management business Pioneer, as part of a plan to bolster its
capital base, several sources...
Read more
UPDATE 1-Court deals setback to Uber drivers in background check lawsuit
Sept 7 (Reuters) - A U.S. appeals court on Wednesday shifted
most of a lawsuit challenging background checks performed by
Uber Technologies Inc on its drivers to arbitration.
Read more
most of a lawsuit challenging background checks performed by
Uber Technologies Inc on its drivers to arbitration.
Read more
UPDATE 1-WTO appeals court backs South Korea in U.S. trade dispute
GENEVA, Sept 7 (Reuters) - South Korea won an appeal ruling
at the World Trade Organization on Wednesday in a challenge to
U.S. duties on Korean-made washing machines.
Read more
at the World Trade Organization on Wednesday in a challenge to
U.S. duties on Korean-made washing machines.
Read more
BRIEF-Merck says FDA grants breakthrough therapy designation to Keytruda
* FDA accepts supplemental biologics license application,
assigns priority review and grants breakthrough therapy
designation to Merck's Keytruda (pembrolizumab) for first-line
treatment of patients...
Read more
assigns priority review and grants breakthrough therapy
designation to Merck's Keytruda (pembrolizumab) for first-line
treatment of patients...
Read more
BRIEF-Epizyme's Tazemetostat study surpassed pre-specified futility hurdle - committee
* Independent data monitoring committee confirmed that study
cohort related to tazemetostat has surpassed its pre-specified
futility hurdle
Read more
cohort related to tazemetostat has surpassed its pre-specified
futility hurdle
Read more
UPDATE 2-Norway's fund barred from investing in U.S. firm Duke Energy
* Duke Energy says disappointed but not surprised by
decision
(Adds comment from Duke Energy)
Read more
decision
(Adds comment from Duke Energy)
Read more
Former BoE official expects euro clearing to leave London post-Brexit
LONDON, Sept 7 (Reuters) - Britain's dominance in
euro-denominated clearing of financial contracts will end after
the country's withdrawal from the European Union, former Bank of
England Governor...
Read more
euro-denominated clearing of financial contracts will end after
the country's withdrawal from the European Union, former Bank of
England Governor...
Read more
Retrophin's kidney drug succeeds in mid-stage study
Sept 7 (Reuters) - Retrophin Inc said its rare
kidney disorder drug met the main goal of a mid-stage study.
Read more
kidney disorder drug met the main goal of a mid-stage study.
Read more
Russia's 1st Deputy PM: no discussion on National Wealth Fund projects freeze
ULAN-UDE, Russia, Sept 7 (Reuters) - Russian First Deputy
Prime Minister Igor Shuvalov said on Wednesday that the
government did not discuss plans to freeze distributions from
National Wealth Fund on...
Read more
Prime Minister Igor Shuvalov said on Wednesday that the
government did not discuss plans to freeze distributions from
National Wealth Fund on...
Read more
BRIEF-CME Group announces CME authorization to provide OTC clearing, settlement services in Hong Kong
* CME Group announces CME authorization to provide OTC
clearing and settlement services and designation as a central
counterparty by Hong Kong's securities and futures commission
Read more
clearing and settlement services and designation as a central
counterparty by Hong Kong's securities and futures commission
Read more
Microsoft offers wide range of cloud services from UK datacentres
LONDON, Sept 7 (Reuters) - Microsoft Corp is
introducing a complete set of cloud services from data centres
in Britain, its second biggest market for cloud-based software
after the United States, as...
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introducing a complete set of cloud services from data centres
in Britain, its second biggest market for cloud-based software
after the United States, as...
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BRIEF-U.S. prosecutors considering criminal charge against a unit of HSBC- Bloomberg
* U.S. prosecutors considering criminal charge against a
unit of HSBC Holdings related to conduct on its foreign-exchange
desk - Bloomberg
Source text : http://bloom.bg/2bSVMch
Further company...
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unit of HSBC Holdings related to conduct on its foreign-exchange
desk - Bloomberg
Source text : http://bloom.bg/2bSVMch
Further company...
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PRESS DIGEST- New York Times business news - Sept 7
Sept 7 (Reuters) - The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
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New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
Tuesday, September 6, 2016
Fed's Williams sees 'unsustainable tension' on pot-related banking
RENO, Nev., Sept 6 (Reuters) - As more and more states
legalize the use of marijuana, which is banned under U.S.
federal laws, banks are facing "unsustainable tension" that
needs to be resolved by...
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legalize the use of marijuana, which is banned under U.S.
federal laws, banks are facing "unsustainable tension" that
needs to be resolved by...
Read more
Poland to seek U.S. OK for $5 bln missile deal with Raytheon
Sept 6 (Reuters) - Poland will seek formal U.S. approval to
buy eight Patriot missile defense systems from Raytheon Co
, marking a key move toward closing the estimated $5
billion deal, the Warsaw...
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buy eight Patriot missile defense systems from Raytheon Co
, marking a key move toward closing the estimated $5
billion deal, the Warsaw...
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Bosch concealed VW use of 'defeat device' software - lawyers
WASHINGTON, Sept 6 (Reuters) - Auto supplier Robert Bosch
GmbH concealed the use of Volkswagen AG's
secret "defeat device" software that it helped design and
demanded in 2008 that the German...
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GmbH concealed the use of Volkswagen AG's
secret "defeat device" software that it helped design and
demanded in 2008 that the German...
Read more
UPDATE 2-U.S. regulators allow BlackRock funds to lend to one another
NEW YORK, Sept 6 (Reuters) - BlackRock Inc portfolio
managers will be allowed to borrow from their peers if they are
pressed for money to cash out clients, U.S. Securities and
Exchange Commission...
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managers will be allowed to borrow from their peers if they are
pressed for money to cash out clients, U.S. Securities and
Exchange Commission...
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BRIEF-Mckesson received request from U.S. DOJ pursuant to Hart-Scott-Rodino Antitrust improvements act
* Received a request for additional information and
documentary material from u.s. Doj pursuant to hart-scott-rodino
antitrust improvements act
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documentary material from u.s. Doj pursuant to hart-scott-rodino
antitrust improvements act
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BRIEF-Primeline says China Oilfield Services has commenced arbitration proceedings against co's unit
* China Oilfield Services Limited has commenced arbitration
proceedings against co's Unit Primeline Energy Operations
International
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proceedings against co's Unit Primeline Energy Operations
International
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Mylan hit with class action lawsuit over EpiPen price increases
Sept 6 (Reuters) - An Ohio woman on Tuesday filed a proposed
class action lawsuit against Mylan Pharmaceuticals Inc
in an Ohio county court, claiming sharp price hikes for the
company's EpiPen...
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class action lawsuit against Mylan Pharmaceuticals Inc
in an Ohio county court, claiming sharp price hikes for the
company's EpiPen...
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New York to probe Mylan for EpiPen contracts for schools
WASHINGTON, Sept 6 (Reuters) - New York Attorney General
Eric Schneiderman has opened a probe into whether Mylan
Pharmaceuticals broke antitrust law in writing contracts
to sell EpiPens to some...
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Eric Schneiderman has opened a probe into whether Mylan
Pharmaceuticals broke antitrust law in writing contracts
to sell EpiPens to some...
Read more
BRIEF-Allergan says egregious price hikes by "outlier" companies hurting venture capital investment
* Says Allergan aims to limit annual price increases of
branded therapeutic drugs to low to mid single digit percentage
range, slightly above current annual rate of inflation
* Says Allergan's...
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branded therapeutic drugs to low to mid single digit percentage
range, slightly above current annual rate of inflation
* Says Allergan's...
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UPDATE 1-Fire reported at U.S. Agriculture Dept. facility in Maryland
WASHINGTON, Sept 6 (Reuters) - A fire broke out on Tuesday
at a U.S. Department of Agriculture facility in Maryland that
was closed last week because of threats, fire officials said.
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at a U.S. Department of Agriculture facility in Maryland that
was closed last week because of threats, fire officials said.
Read more
BRIEF-Fox settles with Carlson for $20 million, expected to offer an unprecedented apology - Vanity Fair
* Fox settles with Carlson for $20 mln, expected to offer an
unprecedented apology - Vanity Fair
Further company coverage:
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unprecedented apology - Vanity Fair
Further company coverage:
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Konecranes launches sale of German unit Stahl - sources
FRANKFURT, Sept 6 (Reuters) - Finnish crane maker Konecranes
is launching the sale of its German unit Stahl, which
it has to divest to get regulatory clearance for the acquisition
of the crane and...
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is launching the sale of its German unit Stahl, which
it has to divest to get regulatory clearance for the acquisition
of the crane and...
Read more
UPDATE 1-Sell-side, buy-side team up with LSE's Turquoise to cut costs
LONDON, Sept 6 (Reuters) - A group of asset managers and
banks are trying to cut the cost of trading big blocks of shares
via so-called dark pools by teaming up with the London Stock
Exchange Group's...
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banks are trying to cut the cost of trading big blocks of shares
via so-called dark pools by teaming up with the London Stock
Exchange Group's...
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BRIEF-Catalyst Paper says Halalt First Nation discontinues two lawsuits previously commenced against Catalyst
* Says Halalt First Nation has discontinued two lawsuits
previously commenced against Catalyst
Source text for Eikon:
Further company coverage:
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previously commenced against Catalyst
Source text for Eikon:
Further company coverage:
Read more
UPDATE 1-ITT Educational to shut institutes, lay off over 8,000 employees
Sept 6 (Reuters) - ITT Educational Services Inc said
it would discontinue operations at its ITT Technical Institutes,
in line with the U.S. Department of Education's directive,
affecting more than...
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it would discontinue operations at its ITT Technical Institutes,
in line with the U.S. Department of Education's directive,
affecting more than...
Read more
BRIEF-ITT to cease operations at all ITT technical institutes following federal actions
* ITT educational services, inc. to cease operations at all
iTT technical institutes following federal actions
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iTT technical institutes following federal actions
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Funds leader BlackRock calls on investors to assess climate change impact
NEW YORK/LONDON, Sept 6 (Reuters) - BlackRock Inc,
the world's largest asset manager, said all investors should
factor climate change into their decision-making and doing so
would not mean having to...
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the world's largest asset manager, said all investors should
factor climate change into their decision-making and doing so
would not mean having to...
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New UAE bankruptcy law to spare bad-debt executives jail time
ABU DHABI, Sept 6 (Reuters) - A new bankruptcy law in the
United Arab Emirates promises to reduce the risks of doing
business in the country by allowing businessmen and executives
to avoid time in...
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United Arab Emirates promises to reduce the risks of doing
business in the country by allowing businessmen and executives
to avoid time in...
Read more
BRIEF-Fitch - China WMPS may pose credit risks to banks
* Fitch on Chinese WMP growth - China wealth management
products (WMPS) growth slows; still a risk as loss events rise
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products (WMPS) growth slows; still a risk as loss events rise
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Platts proposes change in sulphur content in Asia gasoil benchmarks
Sept 6 (Reuters) - Oil pricing agency Platts has begun
consulting with traders this week on a change it has proposed in
the sulphur content of its key gasoil benchmarks in Asia and the
Middle East.
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consulting with traders this week on a change it has proposed in
the sulphur content of its key gasoil benchmarks in Asia and the
Middle East.
Read more
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