* Announces incentives for poor, small businesses,
agriculture
Read more
Saturday, December 31, 2016
India's PM Modi announces incentives in New Year address
NEW DELHI, Dec 31 (Reuters) - Indian Prime Minister Narendra
Modi announced a slew of incentives to the poor, farmers, women
and small businesses on Saturday, in a New Year's speech in
which he also...
Read more
Modi announced a slew of incentives to the poor, farmers, women
and small businesses on Saturday, in a New Year's speech in
which he also...
Read more
Argentina set to increase telecoms competition -source
BUENOS AIRES, Dec 30 (Reuters) - Argentina will loosen
regulations in the telecommunications sector in a bid to
increase competition among providers and modernize the country's
internet service, a...
Read more
regulations in the telecommunications sector in a bid to
increase competition among providers and modernize the country's
internet service, a...
Read more
Friday, December 30, 2016
BRIEF-Assurant Inc says now expects to record about $66 million pre-tax of reportable Q4 2016 catastrophe losses, net of reinsurance, or $43 million after-tax
* Assurant says as of Dec. 30, 2016, now expects to record
about $66 million pre-tax of reportable Q4 2016 catastrophe
losses, net of reinsurance, or $43 million after-tax
Read more
about $66 million pre-tax of reportable Q4 2016 catastrophe
losses, net of reinsurance, or $43 million after-tax
Read more
U.S. regulators lighten reporting load for small banks
WASHINGTON, Dec 30 (Reuters) - U.S. financial regulators are
cutting the amount of information that small banks must provide
on their condition, performance and risks each quarter,
according to a...
Read more
cutting the amount of information that small banks must provide
on their condition, performance and risks each quarter,
according to a...
Read more
BRIEF-Incyte announces first patient treated in clinical trial program in graft-versus-host disease
* Incyte announces first patient treated in pivotal clinical
trial program for ruxolitinib (Jakafi) in graft-versus-host
disease
Further company coverage:
Read more
trial program for ruxolitinib (Jakafi) in graft-versus-host
disease
Further company coverage:
Read more
BRIEF-Cabot Oil & Gas provides update on Atlantic Sunrise Project
* Cabot Oil & Gas Corporation provides update on Atlantic
Sunrise Project, announces gas sale and purchase agreement
Read more
Sunrise Project, announces gas sale and purchase agreement
Read more
BRIEF-Beigene announces first patient dosing in China phase I trial with investigational anti-pd-1 monoclonal antibody bgb-a317
* Beigene ltd- dosing of first patient in phase i clinical
trial of bgb-a317 in mainland chinese patients with advanced
solid tumors
Read more
trial of bgb-a317 in mainland chinese patients with advanced
solid tumors
Read more
UPDATE 1-Growth hormone deficiency drug from OPKO and Pfizer fails study
Dec 30 (Reuters) - OPKO Health Inc said its
experimental drug for growth hormone deficiency (GHD) in adults
failed to provide a statistically significant benefit over a
placebo in a late-stage study,...
Read more
experimental drug for growth hormone deficiency (GHD) in adults
failed to provide a statistically significant benefit over a
placebo in a late-stage study,...
Read more
BRIEF-Cytori Therapeutics files for offering of up to 6.51 mln shares of co's common stock
* Files for offering of up to 6.51 million shares of co's
common stock
Source text: (http://bit.ly/2ikUFlC)
Further company coverage:
Read more
common stock
Source text: (http://bit.ly/2ikUFlC)
Further company coverage:
Read more
BRIEF-Varian Medical's CEO Dow Wilson's FY 2016 total compensation $8.61 mln
* Varian Medical Systems Inc - CEO Dow Wilson 's FY 2016
total compensation $8.61 million versus $7.51 million in FY 2015
Read more
total compensation $8.61 million versus $7.51 million in FY 2015
Read more
Canada's Fairfax gets approval to buy 51 pct stake in Indian lender
MUMBAI, Dec 30 (Reuters) - A unit of Canadian investment
firm Fairfax Financial Holdings Ltd received
preliminary regulatory approval to buy a 51 percent stake in
Catholic Syrian Bank, the chairman...
Read more
firm Fairfax Financial Holdings Ltd received
preliminary regulatory approval to buy a 51 percent stake in
Catholic Syrian Bank, the chairman...
Read more
BRIEF-Cabela's and Bass Pro Group got request for additional information and documentary material FTC
* Cabela's - co, Bass Pro Group, Llc got request for
additional information and documentary material FTC, in
connection with merger - sec filing
Read more
additional information and documentary material FTC, in
connection with merger - sec filing
Read more
BRIEF-Kuka says U.S. authorities give green light for Midea takeover
* US government authorities CFIUS (committee on foreign
investment in united states) and DDTC(directorate of defense
trade controls) on December 29, 2016 have cleared take-over of
Kuka...
Read more
investment in united states) and DDTC(directorate of defense
trade controls) on December 29, 2016 have cleared take-over of
Kuka...
Read more
BRIEF-Qualcomm, Meizu sign 3G/4G global patent license agreement
* Says agreement resolves all of patent disputes between
Qualcomm and Meizu in China, Germany, France, and United States
Read more
Qualcomm and Meizu in China, Germany, France, and United States
Read more
Thursday, December 29, 2016
PRESS DIGEST- New York Times business news - Dec 30
Dec 30 (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
China's outbound M&A push to draw more scrutiny after record year
HONG KONG/BEIJING, Dec 30 (Reuters) - China's appetite for
foreign assets is likely to remain healthy after completed
acquisitions surged 46 percent to a record $105 billion this
year as mainland...
Read more
foreign assets is likely to remain healthy after completed
acquisitions surged 46 percent to a record $105 billion this
year as mainland...
Read more
PRESS DIGEST - Wall Street Journal - Dec 30
Dec 30 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
UPDATE 3-Brazil's president to pursue tax reform in 2017
BRASILIA, Dec 29 (Reuters) - Brazil will seek to simplify
its tax code in 2017, President Michel Temer said on Thursday,
aiming to broaden his business-friendly reform agenda following
proposals to...
Read more
its tax code in 2017, President Michel Temer said on Thursday,
aiming to broaden his business-friendly reform agenda following
proposals to...
Read more
BRIEF-Innocoll receives refusal to file letter from U.S. FDA for xaracoll new drug application
* Innocoll Holdings - FDA indicated xaracoll should be
characterized as drug/device combination, which would require co
submit additional information
Read more
characterized as drug/device combination, which would require co
submit additional information
Read more
BRIEF-TransUnion says agreed to settle with CFPB on Dec 22 - SEC filing
* TransUnion - on December 22, 2016, agreed to settle with
consumer financial protection bureau - SEC filing
Read more
consumer financial protection bureau - SEC filing
Read more
LPC: US syndicated lending flat in 2016 after late-year spurt
NEW YORK, Dec 29 (Reuters) - A fourth-quarter rush of
corporate buyouts and refinancing, as markets rallied on
prospects of looser financial regulations under a Trump
administration, pulled 2016 US...
Read more
corporate buyouts and refinancing, as markets rallied on
prospects of looser financial regulations under a Trump
administration, pulled 2016 US...
Read more
BRIEF-Sabina Gold & Silver updates on Minister of Indigenous and Northern Affairs Canada decision
* Sabina Gold & Silver updates on Minister of Indigenous and
Northern Affairs Canada decision on the Back River Gold Project
Read more
Northern Affairs Canada decision on the Back River Gold Project
Read more
BRIEF-General Cable says resolves ongoing SEC and DOJ investigations
* General Cable will pay fines, disgorgement and
pre-judgment interest to SEC and DOJ in total amount of $82.3
million
Read more
pre-judgment interest to SEC and DOJ in total amount of $82.3
million
Read more
UPDATE 2-General Cable to pay $20 mln penalty to settle bribery charges -U.S.
WASHINGTON, Dec 29 (Reuters) - General Cable Corp, a
Kentucky-based wire manufacturer, agreed to pay a $20 million
penalty to resolve allegations that it had bribed officials in
Angola, Bangladesh...
Read more
Kentucky-based wire manufacturer, agreed to pay a $20 million
penalty to resolve allegations that it had bribed officials in
Angola, Bangladesh...
Read more
New PM Gentiloni aims to unite "lacerated" Italy
ROME, Dec 29 (Reuters) - Italy's new prime minister, Paolo
Gentiloni, said on Thursday that he aimed to restore unity and
cohesion following a divisive referendum, and continue the
economic reforms...
Read more
Gentiloni, said on Thursday that he aimed to restore unity and
cohesion following a divisive referendum, and continue the
economic reforms...
Read more
BRIEF-Aquila Resources says gets mine and air permits for back forty project in Michigan
* Aquila resources issued mine and air permits for its back
forty project in the state of Michigan
Read more
forty project in the state of Michigan
Read more
BRIEF-Skyline Medical receives requested extension from NASDAQ panel
* Skyline Medical - NASDAQ hearings panel has granted
company's request for continued listing on NASDAQ pursuant to an
extension through April 11, 2017
Read more
company's request for continued listing on NASDAQ pursuant to an
extension through April 11, 2017
Read more
U.S. says Swiss bank program moves to 'legacy' stage
WASHINGTON, Dec 29 (Reuters) - U.S. authorities and
cooperating Swiss banks have wrapped up their efforts under a
voluntary program aimed at combating offshore tax evasion that
allowed the banks to...
Read more
cooperating Swiss banks have wrapped up their efforts under a
voluntary program aimed at combating offshore tax evasion that
allowed the banks to...
Read more
UPDATE 1-Chairman of Russia's Ust-Luga port remanded in custody on suspected fraud
MOSCOW, Dec 29 (Reuters) - A St Petersburg court has ordered
the chairman of Russia's Baltic sea port of Ust-Luga to be held
in custody until Jan. 21 after his arrest on suspicion of fraud,
a court...
Read more
the chairman of Russia's Baltic sea port of Ust-Luga to be held
in custody until Jan. 21 after his arrest on suspicion of fraud,
a court...
Read more
U.S. FDA rejects Cempra's antibiotic for pneumonia
Dec 29 (Reuters) - Cempra Inc said the U.S. Food
and Drug Administration rejected its antibiotic for
community-acquired bacterial pneumonia (CABP), citing inadequate
data on the drug's impact on the...
Read more
and Drug Administration rejected its antibiotic for
community-acquired bacterial pneumonia (CABP), citing inadequate
data on the drug's impact on the...
Read more
THE REUTERS GRAPHIC-Is China's growing debt burden a crisis in the making?
Dec 29 (Reuters) - The Reuters graphics team has produced an
interactive guide to the major aspects of China's debt issues,
including rising household debt, potential property bubbles and
rising...
Read more
interactive guide to the major aspects of China's debt issues,
including rising household debt, potential property bubbles and
rising...
Read more
Wednesday, December 28, 2016
PRESS DIGEST - Wall Street Journal - Dec 29
Dec 29 (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- New York Times business news - Dec 29
Dec 29 (Reuters) - The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
UPDATE 3-Takata could settle U.S. criminal probe next month -source
Dec 28 (Reuters) - Japan's Takata Corp, maker of
defective air bags that have been linked to 11 U.S. deaths,
could settle criminal charges with the U.S. Department of
Justice before the Obama...
Read more
defective air bags that have been linked to 11 U.S. deaths,
could settle criminal charges with the U.S. Department of
Justice before the Obama...
Read more
BRIEF-Professional Diversity Network, unit enter lawsuit settlement agreement with LinkedIn
* Professional Diversity Network - co and unit entered
settlement agreement with LinkedIn to settle lawsuit LinkedIn
filed against NAPW and co
Read more
settlement agreement with LinkedIn to settle lawsuit LinkedIn
filed against NAPW and co
Read more
BRIEF-Avalon Holdings says court issued decision and order in AWMS Water Solutions appeal of Ohio Oil and GAS commission's decision - SEC filing
* Avalon Holdings - court found that division's suspension,
refusal to work with co for over 26 months was "arbitrary", "not
in accordance with reason"
Read more
refusal to work with co for over 26 months was "arbitrary", "not
in accordance with reason"
Read more
UPDATE 1-U.S. FTC requires divestitures in $13.53 bln Boehringer-Sanofi deal
WASHINGTON, Dec 28 (Reuters) - German pharmaceutical company
Boehringer Ingelheim agreed to divest five types of animal
health products to settle charges that a proposed asset swap
with Sanofi would...
Read more
Boehringer Ingelheim agreed to divest five types of animal
health products to settle charges that a proposed asset swap
with Sanofi would...
Read more
U.S. FTC requires divestitures in $13.53 bln Boehringer-Sanofi deal
WASHINGTON, Dec 28 (Reuters) - The U.S. Federal Trade
Commission said on Wednesday that German pharmaceutical company
Boehringer Ingelheim agreed to divest five types of animal
health products to...
Read more
Commission said on Wednesday that German pharmaceutical company
Boehringer Ingelheim agreed to divest five types of animal
health products to...
Read more
Senators ask Trump EPA chief pick to disclose energy industry ties
WASHINGTON, Dec 28 (Reuters) - Democrats on the U.S.
Senate's environment panel on Wednesday asked President-elect
Donald Trump's choice to head the Environmental Protection
Agency to disclose his...
Read more
Senate's environment panel on Wednesday asked President-elect
Donald Trump's choice to head the Environmental Protection
Agency to disclose his...
Read more
Takata could pay up to $1 bln to settle U.S. criminal probe - WSJ
Dec 28 (Reuters) - Japan's Takata Corp is nearing a
settlement with the U.S. Department of Justice and is expected
to pay up to $1 billion to resolve allegations of criminal
wrongdoing in handling...
Read more
settlement with the U.S. Department of Justice and is expected
to pay up to $1 billion to resolve allegations of criminal
wrongdoing in handling...
Read more
OCC submits rule to curb U.S. banks dealing in industrial metals
Dec 28 (Reuters) - The Office of the Comptroller of the
Currency (OCC) said on Wednesday it had submitted a rule to the
Federal Register to prohibit U.S. national banks and federal
savings...
Read more
Currency (OCC) said on Wednesday it had submitted a rule to the
Federal Register to prohibit U.S. national banks and federal
savings...
Read more
BRIEF-Takata nears settling U.S. criminal probe over defective air bags - WSJ
* Takata nears settling U.S. criminal probe over defective
air bags - WSJ, citing sources
Source text - http://on.wsj.com/2hthODB
Further company coverage:
Read more
air bags - WSJ, citing sources
Source text - http://on.wsj.com/2hthODB
Further company coverage:
Read more
Researcher found security holes at smartphone-only bank N26
HAMBURG, Dec 28 (Reuters) - German fintech company N26,
which made its name mocking traditional banks, has found itself
on the receiving end of criticism after a security researcher
proved its...
Read more
which made its name mocking traditional banks, has found itself
on the receiving end of criticism after a security researcher
proved its...
Read more
BRIEF-Viex Opportunities Fund Lp delivered letter to immersion nominating Michael Bartholomeusz, Anurag Gupta and Daniel Mccurdy for election to board
* Viex Opportunities Fund LP series one-letter also included
stockholder proposal requesting board take necessary steps to
declassify board so that all directors elected on annual basis
Read more
stockholder proposal requesting board take necessary steps to
declassify board so that all directors elected on annual basis
Read more
BRIEF-Azarga Uranium receives decision from NRC Commission
* Azarga Uranium - received decision from commission with
respect to petitions for review filed by Powertech, NRC staff,
consolidated intervenors, Oglala Sioux tribe
Read more
respect to petitions for review filed by Powertech, NRC staff,
consolidated intervenors, Oglala Sioux tribe
Read more
Colombian group buys stake in Brazil power company Taesa for 1 bln reais
SAO PAULO, Dec 28 (Reuters) - Two of three shareholders
sharing control of Transmissora Aliança de Energia Elétrica SA
have agreed to sell their stake in the Brazilian
power transmission company to...
Read more
sharing control of Transmissora Aliança de Energia Elétrica SA
have agreed to sell their stake in the Brazilian
power transmission company to...
Read more
Tuesday, December 27, 2016
PRESS DIGEST - Wall Street Journal - Dec 28
Dec 28 (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
MIDEAST STOCKS - Factors to watch - Dec 28
Dec 28 (Reuters) - Here are some factors that may affect
Middle East stock markets on Wednesday. Reuters has not verified
the press reports and does not vouch for their accuracy.
Read more
Middle East stock markets on Wednesday. Reuters has not verified
the press reports and does not vouch for their accuracy.
Read more
INSIGHT-Serial testers and cursory checks: India's flawed generic drug trials business
HYDERABAD, Dec 28 (Reuters) - Vasudeva Prakash left his job
as a mechanic in Hyderabad three years ago for what he calls a
more lucrative career: taking part in clinical trials on generic
drugs.
Read more
as a mechanic in Hyderabad three years ago for what he calls a
more lucrative career: taking part in clinical trials on generic
drugs.
Read more
S.Korea regulator fines Qualcomm $854 mln for violating competition laws
SEJONG, South Korea, Dec 28 (Reuters) - South Korea's
antitrust regulator said on Wednesday it fined U.S. chipmaker
Qualcomm Inc 1.03 trillion won ($854 million), a record
for the country, ruling its...
Read more
antitrust regulator said on Wednesday it fined U.S. chipmaker
Qualcomm Inc 1.03 trillion won ($854 million), a record
for the country, ruling its...
Read more
BRIEF-Redflex Holdings updates on legal proceedings
* U.S. Department of justice ends criminal inquiry into
company's u.s. Subsidiary with non-prosecution agreement
Read more
company's u.s. Subsidiary with non-prosecution agreement
Read more
BRIEF-Bio Rad Laboratories says Court grants preliminary approval for settlement with City of Riviera Beach General Employees' Retirement System
* Order granting preliminary approval to proposed settlement
by plaintiff City of Riviera Beach General Employees' Retirement
System
Read more
by plaintiff City of Riviera Beach General Employees' Retirement
System
Read more
UPDATE 1-Abbott gets U.S. antitrust approval to buy St. Jude Medical
WASHINGTON, Dec 27 (Reuters) - Healthcare company Abbott
Laboratories has won U.S. antitrust approval for its
proposed purchase of medical device maker St. Jude Medical Inc
, the U.S. Federal Trade...
Read more
Laboratories has won U.S. antitrust approval for its
proposed purchase of medical device maker St. Jude Medical Inc
, the U.S. Federal Trade...
Read more
U.S. posts rules for addressing cyber bugs in medical devices
Dec 27 (Reuters) - The U.S. government on Tuesday issued
rules for addressing cyber vulnerabilities in medical devices,
providing manufacturers with guidelines for fixing security bugs
in equipment,...
Read more
rules for addressing cyber vulnerabilities in medical devices,
providing manufacturers with guidelines for fixing security bugs
in equipment,...
Read more
UPDATE 2-U.S. accuses Chinese citizens of hacking law firms, insider trading
NEW YORK, Dec 27 (Reuters) - Three Chinese citizens have
been criminally charged in the United States with trading on
confidential corporate information obtained by hacking into
networks and servers...
Read more
been criminally charged in the United States with trading on
confidential corporate information obtained by hacking into
networks and servers...
Read more
Mexico's Interjet grounds 11 Sukhoi planes over 'anomaly' risks
MEXICO CITY, Dec 27 (Reuters) - Mexican airline Interjet
said on Tuesday it had detected "potential anomalies" in 11
Russian-made Superjet 100 planes and grounded them after an
inspection to comply...
Read more
said on Tuesday it had detected "potential anomalies" in 11
Russian-made Superjet 100 planes and grounded them after an
inspection to comply...
Read more
BRIEF-Michael Brilley reports 5.2 pct passive stake in Landmark Bancorp
* Michael Brilley reports 5.2 percent passive stake in
Landmark Bancorp Inc as of December 15 - sec filing
Source text : http://bit.ly/2hqpaYM
Further company coverage:
Read more
Landmark Bancorp Inc as of December 15 - sec filing
Source text : http://bit.ly/2hqpaYM
Further company coverage:
Read more
U.S. regulators open investigation on 2009-2011 Ford Fusion
DETROIT, Dec 27 (Reuters) - U.S. safety regulators are
investigating Ford Motor Co's Fusion and Mercury Milan
sedans from the 2009 to 2011 model years for brakes that may
fail in certain conditions,...
Read more
investigating Ford Motor Co's Fusion and Mercury Milan
sedans from the 2009 to 2011 model years for brakes that may
fail in certain conditions,...
Read more
UPDATE 1-Seattle Genetics' cancer drug put on clinical hold after 4 deaths
Dec 27 (Reuters) - Seattle Genetics Inc said four
people had died in trials testing its experimental cancer drug,
prompting the U.S. Food and Drug Administration to impose a
clinical hold on several...
Read more
people had died in trials testing its experimental cancer drug,
prompting the U.S. Food and Drug Administration to impose a
clinical hold on several...
Read more
BRIEF-Norges Bank reports 5.83 pct passive stake in Trivago NV
* Norges Bank reports 5.83 percent passive stake in Trivago
NV as of December 16 - sec filing
Source text : http://bit.ly/2i39dZ3
Further company coverage:
Read more
NV as of December 16 - sec filing
Source text : http://bit.ly/2i39dZ3
Further company coverage:
Read more
REFILE-FDA puts clinical hold on Seattle Genetics' cancer drug after 4 deaths
Dec 27 (Reuters) - Seattle Genetics Inc said on
Tuesday that four people had died in trials testing its
experimental cancer drug, prompting the U.S. Food and Drug
Administration to impose a clinical...
Read more
Tuesday that four people had died in trials testing its
experimental cancer drug, prompting the U.S. Food and Drug
Administration to impose a clinical...
Read more
UPDATE 1-Brazil state-run banks under no pressure to cut rates -Banco do Brasil
BRASILIA, Dec 27 (Reuters) - The Brazilian government has
not pressured state-run banks to free up credit and reduce their
spread, but interest rates are likely to fall as the central
bank's...
Read more
not pressured state-run banks to free up credit and reduce their
spread, but interest rates are likely to fall as the central
bank's...
Read more
Brazil state-run banks under no pressure to cut rates -Banco do Brasil
BRASILIA, Dec 27 (Reuters) - The Brazilian government has
not pressured state-run banks to free up credit and reduce their
spread, but interest rates are likely to fall as the central
bank's...
Read more
not pressured state-run banks to free up credit and reduce their
spread, but interest rates are likely to fall as the central
bank's...
Read more
BRIEF-Seattle Genetics announces clinical hold on several phase 1 trials of Vadastuximab Talirine
* Seattle Genetics announces clinical hold on several phase
1 trials of Vadastuximab Talirine (SGN-CD33A)
Read more
1 trials of Vadastuximab Talirine (SGN-CD33A)
Read more
BRIEF-Seritage Growth Properties announces proposed new unsecured credit facility
* Seritage growth properties - has entered into non-binding
term sheet with esl investments inc for new $200 million
unsecured term loan facility
Read more
term sheet with esl investments inc for new $200 million
unsecured term loan facility
Read more
BRIEF-Immunomedics achieves patient enrollment for single-arm Phase 2 study with sacituzumab govitecan
* Immunomedics announces achievement of patient enrollment
into single-arm phase 2 study with sacituzumab govitecan
(immu-132) in triple-negative breast cancer
Read more
into single-arm phase 2 study with sacituzumab govitecan
(immu-132) in triple-negative breast cancer
Read more
PRESS DIGEST- New York Times business news - Dec 27
Dec 27 (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, December 26, 2016
PRESS DIGEST - Wall Street Journal - Dec 27
Dec 27 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Toshiba sees loss of about 100 bln yen on U.S. nuclear power acquisition - Nikkei
Dec 27 (Reuters) - Electronics giant Toshiba Corp
expects to report a one-off loss of about 100 billion yen ($850
million) on a U.S. nuclear power acquisition made by its
Westinghouse operation last...
Read more
expects to report a one-off loss of about 100 billion yen ($850
million) on a U.S. nuclear power acquisition made by its
Westinghouse operation last...
Read more
INSIGHT-How JPMorgan could not save Italy's problem bank
MILAN/LONDON, Dec 23 (Reuters) - On the morning of July 29,
former Italian Industry Minister Corrado Passera was travelling
in a high-speed train towards the medieval city of Siena, racing
to meet...
Read more
former Italian Industry Minister Corrado Passera was travelling
in a high-speed train towards the medieval city of Siena, racing
to meet...
Read more
Platinum Partners arrests are scant consolation for alleged victims
NEW YORK, Dec 24 (Reuters) - When six executives of Platinum
Partners, including founder Mark Nordlicht, were arrested on
Monday on federal charges of running a more than $1 billion
hedge fund fraud,...
Read more
Partners, including founder Mark Nordlicht, were arrested on
Monday on federal charges of running a more than $1 billion
hedge fund fraud,...
Read more
Russia to increase oil exports "slightly" in 2017 - Dep Energy Min
MOSCOW, Dec 26 (Reuters) - Russia's oil exports would rise
by almost 5 percent this year to 253.5 million tonnes, and a
"slight" increase was expected next year, Deputy Energy Minister
Kirill...
Read more
by almost 5 percent this year to 253.5 million tonnes, and a
"slight" increase was expected next year, Deputy Energy Minister
Kirill...
Read more
Saturday, December 24, 2016
UPDATE 1-Halliburton shareholder class action to settle for $100 million
Dec 23 (Reuters) - Halliburton Co on Friday said it
had reached a $100 million settlement to resolve a long-running
securities fraud class action lawsuit against the oilfield
services provider that...
Read more
had reached a $100 million settlement to resolve a long-running
securities fraud class action lawsuit against the oilfield
services provider that...
Read more
Friday, December 23, 2016
Halliburton shareholder class action to settle for $100 million
Dec 23 (Reuters) - Halliburton Co on Friday said it
had reached a $100 million settlement to resolve a long-running
shareholder class action lawsuit against the oilfield services
provider that twice...
Read more
had reached a $100 million settlement to resolve a long-running
shareholder class action lawsuit against the oilfield services
provider that twice...
Read more
UPDATE 1-FDA approves Biogen drug for lead genetic cause of infant death
Dec 23 (Reuters) - The U.S. Food and Drug Administration on
Friday said it has approved Biogen Inc's drug to treat
spinal muscular atrophy, the leading genetic cause of death in
infants.
Read more
Friday said it has approved Biogen Inc's drug to treat
spinal muscular atrophy, the leading genetic cause of death in
infants.
Read more
UPDATE 1-Peabody Energy reorganization plan lacks mine cleanup coverage details
CHICAGO, Dec 23 (Reuters) - Peabody Energy Corp
failed to explain how it will cover future mine cleanup costs in
a reorganization plan filed late Thursday, triggering concerns
over the company's use...
Read more
failed to explain how it will cover future mine cleanup costs in
a reorganization plan filed late Thursday, triggering concerns
over the company's use...
Read more
Peabody Energy reorganization plan lacks mine cleanup coverage details
CHICAGO, Dec 23 (Reuters) - Peabody Energy Corp
failed to explain how it will cover future mine cleanup costs in
a reorganization plan filed late Thursday, triggering concerns
over the company's use...
Read more
failed to explain how it will cover future mine cleanup costs in
a reorganization plan filed late Thursday, triggering concerns
over the company's use...
Read more
FDA approves Biogen drug for lead genetic cause of infant death
Dec 23 (Reuters) - The U.S. Food and Drug Administration on
Friday said it has approved Biogen Inc's drug to treat
spinal muscular atrophy, the leading genetic cause of death in
infants.
Read more
Friday said it has approved Biogen Inc's drug to treat
spinal muscular atrophy, the leading genetic cause of death in
infants.
Read more
BRIEF-Portola Pharmaceuticals says FDA accepts NDA for priority review for betrixaban
* Portola Pharmaceuticals announces FDA accepts New Drug
Application for priority review and EMA validates marketing
authorization application for oral, Factor Xa inhibitor
anticoagulant betrixaban
Read more
Application for priority review and EMA validates marketing
authorization application for oral, Factor Xa inhibitor
anticoagulant betrixaban
Read more
UPDATE 2-Orascom aims for two of nine seats on board of Brazil's Oi
SAO PAULO, Dec 23 (Reuters) - Orascom TMT Investments SARL
will have two of nine seats on Oi SA's board if its
binding offer to buy the Brazilian telephone carrier succeeds,
Karim Nasr, the executive...
Read more
will have two of nine seats on Oi SA's board if its
binding offer to buy the Brazilian telephone carrier succeeds,
Karim Nasr, the executive...
Read more
BRIEF-Neovasc announces update in litigation with Cardiaq
* Will deposit US$70 million into a joint escrow account and
enter into a general security agreement related to remaining
damages awarded by court
Read more
enter into a general security agreement related to remaining
damages awarded by court
Read more
BRIEF-ABM Industries says California Supreme Court rendered decision in the Augustus case-SEC filing
* On Dec. 22, 2016, California Supreme Court rendered
decision in consolidated cases of Augustus, Hall and Davis v.
American Commercial Security Services
Read more
decision in consolidated cases of Augustus, Hall and Davis v.
American Commercial Security Services
Read more
Autoliv says seat belt, air bags may lead to 400,000 vehicle recalls
Dec 23 (Reuters) - Automakers may recall as many as 400,000
vehicles that have Autoliv Inc seat belt and air bag
parts worldwide, the Swedish auto safety parts maker said on
Friday.
Read more
vehicles that have Autoliv Inc seat belt and air bag
parts worldwide, the Swedish auto safety parts maker said on
Friday.
Read more
UPDATE 1-Cardinal Health in $10 mln U.S. settlement over painkiller orders
NEW YORK, Dec 23 (Reuters) - A drug distributor owned by
Cardinal Health Inc has agreed to pay $10 million to
resolve claims that it failed to alert the U.S. Drug Enforcement
Administration to...
Read more
Cardinal Health Inc has agreed to pay $10 million to
resolve claims that it failed to alert the U.S. Drug Enforcement
Administration to...
Read more
INSIGHT-How JPMorgan could not save Italy's problem bank
MILAN/LONDON, Dec 23 (Reuters) - On the morning of July 29,
former Italian Industry Minister Corrado Passera was travelling
in a high-speed train towards the medieval city of Siena, racing
to meet...
Read more
former Italian Industry Minister Corrado Passera was travelling
in a high-speed train towards the medieval city of Siena, racing
to meet...
Read more
Deutsche bonds spike on DOJ settlement
LONDON, Dec 23 (IFR) - Deutsche Bank's riskiest bonds jumped
on Friday after the lender said it would pay US$7.2bn in a
settlement related to pre-crisis sales of mortgage-backed
securities that is...
Read more
on Friday after the lender said it would pay US$7.2bn in a
settlement related to pre-crisis sales of mortgage-backed
securities that is...
Read more
RPT-U.S. wheat farmers fret over failing market hedges as incomes slump
CHICAGO, Dec 22 (Reuters) - Kansas wheat farmer Michael
Jordan is breaking with a century-old tradition grain producers
have trusted to protect their businesses: He has stopped using
futures to hedge...
Read more
Jordan is breaking with a century-old tradition grain producers
have trusted to protect their businesses: He has stopped using
futures to hedge...
Read more
PRESS DIGEST- Canada - Dec 23
Dec 23 (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
Putin says Russia wants to be part of global economy
MOSCOW, Dec 23 (Reuters) - Russia has no plans to isolate
itself from the world and should be part of the global economy,
President Vladimir Putin said on Friday.
(Reporting by Katya Golubkova,...
Read more
itself from the world and should be part of the global economy,
President Vladimir Putin said on Friday.
(Reporting by Katya Golubkova,...
Read more
UPDATE 1-China fines GM venture $29 mln for monopolistic pricing - state TV
BEIJING, Dec 23 (Reuters) - China will fine U.S. automaker
General Motors Co's joint venture 201 million yuan ($29
million) for monopolistic pricing, state television reported on
Friday, ending...
Read more
General Motors Co's joint venture 201 million yuan ($29
million) for monopolistic pricing, state television reported on
Friday, ending...
Read more
BRIEF-Pluristem, Innovative Medical Management agree to extend time to execute definitive investment agreements
* Pluristem Therapeutics - parties plan to continue
discussions until they receive further clarification about
policies, expected during first half of 2017
Read more
discussions until they receive further clarification about
policies, expected during first half of 2017
Read more
German govt welcomes Deutsche Bank settlement
BERLIN, Dec 23 (Reuters) - The German government has
welcomed Deutsche Bank's $7.2 billion settlement with
the U.S. authorities over the lender's sale and pooling of toxic
mortgage securities, a...
Read more
welcomed Deutsche Bank's $7.2 billion settlement with
the U.S. authorities over the lender's sale and pooling of toxic
mortgage securities, a...
Read more
UPDATE 1-UK Stocks-Factors to watch on Dec. 23
Dec 23 (Reuters) - Britain's FTSE 100 futures were up 0.1 percent on
Friday ahead of the cash market open.
Read more
Friday ahead of the cash market open.
Read more
UK Stocks-Factors to watch on Dec. 23
Dec 23 (Reuters) - Britain's FTSE 100 index is seen opening 0.12
percent lower on Friday, according to financial bookmakers.
Read more
percent lower on Friday, according to financial bookmakers.
Read more
BRIEF-Barclays says rejects U.S. Dept. of Justice complaint
* Barclays says notes complaint filed by U.S. Department of
Justice ("doj") today in U.S. District Court for Eastern
District of New York.
Read more
Justice ("doj") today in U.S. District Court for Eastern
District of New York.
Read more
Thursday, December 22, 2016
PRESS DIGEST- New York Times business news - Dec 23
Dec 23 (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
PRESS DIGEST - Wall Street Journal - Dec 23
Dec 23 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Hungary could slash personal income tax to 9 pct in 2018 -minister
BUDAPEST, Dec 23 (Reuters) - Hungary could slash the
personal income tax rate to 9 percent from the present 15
percent in 2018 if economic growth climbs above 3 percent on a
sustained basis, its...
Read more
personal income tax rate to 9 percent from the present 15
percent in 2018 if economic growth climbs above 3 percent on a
sustained basis, its...
Read more
UPDATE 1-Deutsche Bank reaches $7.2 bln settlement with DoJ on mortgages case
Dec 23 (Reuters) - Deutsche Bank said it would
pay $7.2 billion to the U.S. Department of Justice, related to
its issuance and underwriting of residential mortgage-backed
securities (RMBS) and other...
Read more
pay $7.2 billion to the U.S. Department of Justice, related to
its issuance and underwriting of residential mortgage-backed
securities (RMBS) and other...
Read more
UPDATE 1-Odebrecht settlement spurs bribery inquiries across Latin America
LIMA/QUITO, Dec 22 (Reuters) - Politicians and investigators
across Latin America demanded more information from Brazil-based
construction company Odebrecht on Thursday after it admitted to
a decade...
Read more
across Latin America demanded more information from Brazil-based
construction company Odebrecht on Thursday after it admitted to
a decade...
Read more
Italian govt rides to rescue of stricken bank Monte dei Paschi
ROME, Dec 23 (Reuters) - The Italian government approved a
decree on Friday to bail out Monte dei Paschi di Siena
after the world's oldest bank failed to win investor backing for
a desperately...
Read more
decree on Friday to bail out Monte dei Paschi di Siena
after the world's oldest bank failed to win investor backing for
a desperately...
Read more
Italian govt approves decree to rescue Monte dei Paschi
ROME, Dec 23 (Reuters) - The Italian government approved a
decree early on Friday that will open the way for the rescue of
Monte dei Paschi di Siena after the world's oldest
bank failed to win...
Read more
decree early on Friday that will open the way for the rescue of
Monte dei Paschi di Siena after the world's oldest
bank failed to win...
Read more
BRIEF-Alcon receives U.S. FDA approval for acrysof iq restor +3.0d multifocal toric intraocular lens
* Alcon - U.S. commercialization expected to start on a
rolling basis in Q1 of 2017 for acrysof iq restor
Read more
rolling basis in Q1 of 2017 for acrysof iq restor
Read more
CBOE's longtime chairman Brodsky to step down after Bats deal
CHICAGO, Dec 22 (Reuters) - CBOE Holdings Inc
Chairman Bill Brodsky will step down after two decades leading
the board when the exchange operator closes a planned $3.2
billion deal for Bats Global...
Read more
Chairman Bill Brodsky will step down after two decades leading
the board when the exchange operator closes a planned $3.2
billion deal for Bats Global...
Read more
Italian cabinet meets to discuss rescue plan for Monte dei Paschi
ROME, Dec 22 (Reuters) - The Italian cabinet met late on
Thursday to discuss details of a widely anticipated
government-led rescue of Monte dei Paschi di Siena
after the bank failed to raise enough...
Read more
Thursday to discuss details of a widely anticipated
government-led rescue of Monte dei Paschi di Siena
after the bank failed to raise enough...
Read more
BRIEF-Galena Biopharma and its former ceo reached agreement to proposed settlement to resolve an investigation by SEC
* Galena Biopharma -on December 22, co and its former ceo
reached agreement in principle to proposed settlement that would
resolve an investigation by SEC
Read more
reached agreement in principle to proposed settlement that would
resolve an investigation by SEC
Read more
BRIEF-Barclays Plc says it will "vigorously" defend claims in U.S. DoJ's complaint- CNBC
* Says it rejects claims made in US DoJ's complaint, will
vigorously defend the claims - CNBC
Read more
vigorously defend the claims - CNBC
Read more
Argentina's congress approves disputed income tax reform
BUENOS AIRES, Dec 22 (Reuters) - Argentina's congress
approved a reform to the country's income tax code on Thursday
after President Mauricio Macri's government reached a deal with
unions and...
Read more
approved a reform to the country's income tax code on Thursday
after President Mauricio Macri's government reached a deal with
unions and...
Read more
BRIEF-U.S. sues Barclays Over residential mortgage backed securities - Bloomberg
* U.S. sues Barclays over residential mortgage backed
securities in lawsuit filed in federal court in N.Y - Bloomberg
Read more
securities in lawsuit filed in federal court in N.Y - Bloomberg
Read more
European flax demand shifts to Canada over Dow herbicide
WINNIPEG/HAMBURG, Dec 22 (Reuters) - Demand for Canadian
flax, used in linoleum flooring and health foods, has pushed
prices of the oilseed to one-year highs as Europe shuns Russian
supplies laced...
Read more
flax, used in linoleum flooring and health foods, has pushed
prices of the oilseed to one-year highs as Europe shuns Russian
supplies laced...
Read more
BRIEF-Rudolph Technologies announces ruling in patent reexamination appeal by Camtek
* Ruling by court of appeals reversed PTO's rejection of 3
of 18 patent claims and affirmed PTO's rejection of nine patent
claims
Read more
of 18 patent claims and affirmed PTO's rejection of nine patent
claims
Read more
Vontobel escapes penalty in talks with U.S. DOJ
ZURICH, Dec 22 (Reuters) - Swiss bank Vontobel has
wrapped up talks with U.S. justice officials on whether it
helped wealthy Americans dodge taxes and does not have to pay a
fine, it said on Thursday.
Read more
wrapped up talks with U.S. justice officials on whether it
helped wealthy Americans dodge taxes and does not have to pay a
fine, it said on Thursday.
Read more
BRIEF-Carolina Bank Holdings says shareholders approve merger with First Bancorp
* First Bancorp and Carolina Bank Holdings have received
approval for merger from North Carolina commissioner of banks
Read more
approval for merger from North Carolina commissioner of banks
Read more
Norway aims to allow testing of self-driving cars in 2017
OSLO, Dec 22 (Reuters) - The Norwegian government aims to
pass a law in the spring of next year to allow testing of
self-driving vehicles on Norwegian roads, it said on Thursday.
Read more
pass a law in the spring of next year to allow testing of
self-driving vehicles on Norwegian roads, it said on Thursday.
Read more
Teva to pay US government $519 mln over foreign bribery charges
Dec 22 (Reuters) - Israel's Teva Pharmaceutical Industries
Ltd , said on Thursday it had agreed to pay
$519 million to resolve charges related to the U.S. Foreign
Corrupt Practices Act.
Read more
Ltd , said on Thursday it had agreed to pay
$519 million to resolve charges related to the U.S. Foreign
Corrupt Practices Act.
Read more
BRIEF-GenMark Diagnostics submits 510(k) applications to the FDA
* Genmark Diagnostics Inc - expect blood culture id family
of panels to be available in Europe during q1 of 2017
Read more
of panels to be available in Europe during q1 of 2017
Read more
BRIEF-Security National Financial to settle litigation with Lehman Brothers, Aurora Commercial - SEC Filing
* Security National Financial - enters into agreement to
settle litigation with Lehman Brothers Holdings, Aurora
Commercial Corporation on Dec 11, 2016 - SEC Filing
Read more
settle litigation with Lehman Brothers Holdings, Aurora
Commercial Corporation on Dec 11, 2016 - SEC Filing
Read more
UPDATE 1-Indonesia may allow miners to negotiate contract extension 5 yrs before expiry -minister
JAKARTA, Dec 22 (Reuters) - Indonesia is considering
allowing miners to negotiate an extension of their operating
permits five years before expiry, rather than two years
currently, the energy and...
Read more
allowing miners to negotiate an extension of their operating
permits five years before expiry, rather than two years
currently, the energy and...
Read more
Uber launches first electric car fleet in Madrid
MADRID, Dec 22 (Reuters) - Ride-hailing service Uber
Technologies launched in Madrid on Thursday its first
fleet of electric cars.
Read more
Technologies launched in Madrid on Thursday its first
fleet of electric cars.
Read more
Poland says EU's concerns over rule of law are groundless
WARSAW, Dec 22 (Reuters) - The European Commission's view
that rule of law is threatened in Poland is groundless, the
foreign ministry said on Thursday, a day after a senior
Commission official said...
Read more
that rule of law is threatened in Poland is groundless, the
foreign ministry said on Thursday, a day after a senior
Commission official said...
Read more
Wednesday, December 21, 2016
UK Stocks-Factors to watch on Dec. 22
Dec 22 (Reuters) - Britain's FTSE 100 index could edge down 0.1-0.2
percent on Thursday, based on last prices for futures on the index.
Read more
percent on Thursday, based on last prices for futures on the index.
Read more
Indonesia may allow miners to negotiate contract extension 5 yrs before expiry -minister
JAKARTA, Dec 22 (Reuters) - Indonesia is considering
allowing miners to negotiate an extension of their operating
permits five years before expiry, rather than two years
currently, the energy and...
Read more
allowing miners to negotiate an extension of their operating
permits five years before expiry, rather than two years
currently, the energy and...
Read more
PRESS DIGEST- Financial Times - Dec 22
Dec 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
Uber has removed its self-driving cars from San Francisco roads
SAN FRANCISCO, Dec 21 (Reuters) - Uber Technologies Inc.
has removed its self-driving cars from San Francisco
streets after California regulators cracked down on the program
because the company had...
Read more
has removed its self-driving cars from San Francisco
streets after California regulators cracked down on the program
because the company had...
Read more
UPDATE 1-Delta says removes plane passengers for 'provocative behavior'
NEW YORK, Dec 21 (Reuters) - Delta Air Lines Inc
removed two men from a plane at London's Heathrow Airport before
takeoff on Wednesday, and one of the men accused the airline of
acting on passenger...
Read more
removed two men from a plane at London's Heathrow Airport before
takeoff on Wednesday, and one of the men accused the airline of
acting on passenger...
Read more
UPDATE 3-Canada telecoms regulator rules broadband basic service, sets up fund
GATINEAU, Quebec, Dec 21 (Reuters) - Broadband internet
access will be considered a basic service in Canada, the
country's telecom regulator ruled on Wednesday, paving the way
for universal access to...
Read more
access will be considered a basic service in Canada, the
country's telecom regulator ruled on Wednesday, paving the way
for universal access to...
Read more
UPDATE 1-Icahn tapped as Trump's special adviser on regulatory issues
Dec 21 (Reuters) - Billionaire Carl Icahn will advise Donald
Trump on rescinding what the activist investor called "excessive
regulation" on U.S. businesses, the president-elect's transition
team...
Read more
Trump on rescinding what the activist investor called "excessive
regulation" on U.S. businesses, the president-elect's transition
team...
Read more
Trump win ignites hope for stalled Alaska copper, gold mine
VANCOUVER, Dec 21 (Reuters) - A small Canadian miner is
confident Donald Trump's U.S. presidential win will let it
proceed with an application for a copper and gold mine in Alaska
that has been...
Read more
confident Donald Trump's U.S. presidential win will let it
proceed with an application for a copper and gold mine in Alaska
that has been...
Read more
BRIEF-Monte Paschi capital hike from debt swap totals up to 2.065 bln euros
* Capital increase from debt swap offer totals up to 2.064,8
billion euros
Source text for Eikon:
Further company coverage:
(Reporting by Milan newsroom)
Read more
billion euros
Source text for Eikon:
Further company coverage:
(Reporting by Milan newsroom)
Read more
Brazilian petrochemical firm to pay $957 mln to settle bribery charges -SEC
WASHINGTON, Dec 21 (Reuters) - Brazilian petrochemical firm
Braskem S.A. has agreed to pay $957 million to settle charges it
created false books and records to conceal millions of dollars
in bribes...
Read more
Braskem S.A. has agreed to pay $957 million to settle charges it
created false books and records to conceal millions of dollars
in bribes...
Read more
BRIEF-Dolby Laboratories CEO Kevin Yeaman's FY 2016 total compensation was $5.34 Mln
* CEO Kevin Yeaman's FY 2016 total compensation was $5.34
million versus $6.5 million in FY 2015 - sec filing
Read more
million versus $6.5 million in FY 2015 - sec filing
Read more
Goldman Sachs ordered to pay $120 mln penalty for rate manipulation -CFTC
WASHINGTON, Dec 21 (Reuters) - Goldman Sachs has been
ordered to pay a $120 million civil penalty to settle charges
that it often tried to manipulate a global dollar benchmark for
interest rate...
Read more
ordered to pay a $120 million civil penalty to settle charges
that it often tried to manipulate a global dollar benchmark for
interest rate...
Read more
BRIEF-Intellipharmaceutics announces issuance of U.S. and Canadian patents covering Podras overdose technology
* Intellipharmaceutics announces issuance of U.S. and
Canadian patents covering aspects of its Podras overdose
technology
Source text for Eikon:
Further company coverage:
Read more
Canadian patents covering aspects of its Podras overdose
technology
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Advanced Accelerator Applications receives complete response letter from FDA for Lutathera
* Advanced Accelerator Applications receives complete
response letter from FDA for Lutathera, an investigational
treatment for neuroendocrine tumors
Read more
response letter from FDA for Lutathera, an investigational
treatment for neuroendocrine tumors
Read more
BRIEF-Concert Pharmaceuticals Inc says topline results of phase 2 trial of CTP-656 are expected by year-end 2017
* Concert Pharmaceuticals Inc says topline results of phase
2 trial of CTP-656 are expected by year-end 2017
Read more
2 trial of CTP-656 are expected by year-end 2017
Read more
PRESS DIGEST- Canada - Dec 21
Dec 21 (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-Italy lawmakers approve 20 bln euro plan to prop up banks
ROME/MILAN, Dec 21 (Reuters) - Italy's parliament gave the
green light on Wednesday for a 20 billion euro ($20.8 billion)
plan to prop up the country's weaker banks, starting with a
bailout as early...
Read more
green light on Wednesday for a 20 billion euro ($20.8 billion)
plan to prop up the country's weaker banks, starting with a
bailout as early...
Read more
RPT-Renzi plots path back to Italian power from Tuscan basement
ROME, Dec 20 (Reuters) - Three days after resigning as
Italian prime minister and before his successor took office,
Matteo Renzi typed a late-night Facebook post from his family
home near Florence...
Read more
Italian prime minister and before his successor took office,
Matteo Renzi typed a late-night Facebook post from his family
home near Florence...
Read more
EU court overturns Spanish ruling limiting bank charges on mortgage floors
MADRID, Dec 21 (Reuters) - The European Court of Justice
said on Wednesday it had overturned a Spanish court ruling that
had capped banks' liabilities for so-called floor clauses in
mortgage...
Read more
said on Wednesday it had overturned a Spanish court ruling that
had capped banks' liabilities for so-called floor clauses in
mortgage...
Read more
UPDATE 1-Swiss watchdog fines banks almost $100 mln over rate cartels
ZURICH, Dec 21 (Reuters) - The Swiss Competition Commission
(COMCO) fined several European and U.S. banks almost 100 million
Swiss francs ($97.3 million) over interest rate cartels, the
latest...
Read more
(COMCO) fined several European and U.S. banks almost 100 million
Swiss francs ($97.3 million) over interest rate cartels, the
latest...
Read more
EU mergers and takeovers (Dec 21)
BRUSSELS, Dec 21 (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
Tuesday, December 20, 2016
BRIEF-Swiss competition panel fines banks in Swiss franc LIBOR case
* Swiss Competition Commission (comco) says has closed its
investigation related to the Swiss franc LIBOR benchmark with an
amicable settlement and imposes total fines of approximately chf
33.9...
Read more
investigation related to the Swiss franc LIBOR benchmark with an
amicable settlement and imposes total fines of approximately chf
33.9...
Read more
PRESS DIGEST- Financial Times - Dec 21
Dec 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
UPDATE 1-Brazil lawmakers water down fiscal austerity deal with states
BRASILIA, Dec 20 (Reuters) - Brazil's lower house of
Congress on Tuesday removed many of the fiscal austerity
commitments that cash-strapped states had agreed to in exchange
for debt relief, once...
Read more
Congress on Tuesday removed many of the fiscal austerity
commitments that cash-strapped states had agreed to in exchange
for debt relief, once...
Read more
BRIEF-Photon Control provides litigation update
* Court ordered Photon Research And Development, anyone
acting on its behalf prohibited from initiating contact with
customers without co's authorization
Read more
acting on its behalf prohibited from initiating contact with
customers without co's authorization
Read more
UPDATE 2-Obama bans new oil, gas drilling off Alaska, part of Atlantic coast
WASHINGTON, Dec 20 (Reuters) - U.S. President Barack Obama
on Tuesday banned new oil and gas drilling in federal waters in
the Atlantic and Arctic Oceans, in a push to leave his stamp on
the...
Read more
on Tuesday banned new oil and gas drilling in federal waters in
the Atlantic and Arctic Oceans, in a push to leave his stamp on
the...
Read more
UPDATE 3-American Airlines wins $15 mln in antitrust case against Sabre
NEW YORK, Dec 20 (Reuters) - American Airlines Group Inc
on Tuesday won about $15.3 million in an antitrust
lawsuit that accused airline booking service Sabre Corp
of harming competition and...
Read more
on Tuesday won about $15.3 million in an antitrust
lawsuit that accused airline booking service Sabre Corp
of harming competition and...
Read more
CFTC, Chicago trading firm reach $2.5 million 'spoofing' deal
Dec 20 (Reuters) - A Chicago trader and his firm have agreed
to pay $2.5 million to resolve a lawsuit by the U.S. Commodity
Futures Trading Commission accusing them of using a banned
trading tactic...
Read more
to pay $2.5 million to resolve a lawsuit by the U.S. Commodity
Futures Trading Commission accusing them of using a banned
trading tactic...
Read more
UPDATE 1-Brazil's charges worsen chance of ThyssenKurpp selling unit
RIO DE JANEIRO, Dec 20 (Reuters) - Rio de Janeiro state
prosecutors filed a lawsuit against former state Governor Sérgio
Cabral, two of his former secretaries and ThyssenKrupp AG
steelmaking unit...
Read more
prosecutors filed a lawsuit against former state Governor Sérgio
Cabral, two of his former secretaries and ThyssenKrupp AG
steelmaking unit...
Read more
Embraer calls for industry limits on aircraft development funding
SAO PAULO, Dec 20 (Reuters) - Brazilian planemaker Embraer
SA called on Tuesday for the aviation industry to set
limits on state funding of aircraft development, a day after
Brazil said it would...
Read more
SA called on Tuesday for the aviation industry to set
limits on state funding of aircraft development, a day after
Brazil said it would...
Read more
Odebrecht, Braskem to pay 1.4 bln reais in fines to US, Swiss govt -report
SAO PAULO, Dec 20 (Reuters) - The Brazilian construction
firm Odebrecht and petrochemical company Braskem have agreed to
pay the U.S. and Swiss governments 700 million reais ($209
million) each to...
Read more
firm Odebrecht and petrochemical company Braskem have agreed to
pay the U.S. and Swiss governments 700 million reais ($209
million) each to...
Read more
UPDATE 3-U.S. probes 1 million Fiat Chrysler vehicles for roll-away crashes
WASHINGTON, Dec 20 (Reuters) - U.S. vehicle safety officials
said on Tuesday they have launched an investigation into about a
million Fiat Chrysler Ram pickup trucks and SUVs prompted by
complaints...
Read more
said on Tuesday they have launched an investigation into about a
million Fiat Chrysler Ram pickup trucks and SUVs prompted by
complaints...
Read more
UPDATE 1-Environmentalists file suit over Kinder Morgan pipeline in Canada
CALGARY, Alberta, Dec 20 (Reuters) - Two environmental
groups on Tuesday filed for a judicial review of the Canadian
government's decision to approve Kinder Morgan's Trans
Mountain pipeline...
Read more
groups on Tuesday filed for a judicial review of the Canadian
government's decision to approve Kinder Morgan's Trans
Mountain pipeline...
Read more
UPDATE 1-U.S. extends review of Roche MS drug Ocrevus by three months
ZURICH, Dec 20 (Reuters) - The U.S. Food and Drug
Administration (FDA) has extended its review of Roche's
multiple sclerosis (MS) drug Ocrevus by three months to March
28, the Swiss drugmaker said...
Read more
Administration (FDA) has extended its review of Roche's
multiple sclerosis (MS) drug Ocrevus by three months to March
28, the Swiss drugmaker said...
Read more
FTC approves American Air Liquide plan to divest assets
WASHINGTON, Dec 20 (Reuters) - The U.S. Federal Trade
Commission said on Tuesday it had approved an application from
American Air Liquide Holdings Inc, a subsidiary of France's Air
Liquide SA, to...
Read more
Commission said on Tuesday it had approved an application from
American Air Liquide Holdings Inc, a subsidiary of France's Air
Liquide SA, to...
Read more
UPDATE 2-EU accuses Facebook of misleading it in WhatsApp takeover probe
BRUSSELS, Dec 20 (Reuters) - The European Commission has
charged Facebook Inc with providing misleading
information during its takeover of the online messaging service
WhatsApp, opening the company...
Read more
charged Facebook Inc with providing misleading
information during its takeover of the online messaging service
WhatsApp, opening the company...
Read more
Argentina soy farmers, seed sellers see progress in royalty talks
BUENOS AIRES, Dec 20 (Reuters) - Argentine soy farmers and
the companies that sell them genetically modified seeds could be
close to a breakthrough in negotiations after a months-long
deadlock that...
Read more
the companies that sell them genetically modified seeds could be
close to a breakthrough in negotiations after a months-long
deadlock that...
Read more
UPDATE 1-Morgan Stanley to pay $7.5 mln over customer protection violations
WASHINGTON, Dec 20 (Reuters) - Morgan Stanley will
pay $7.5 million to settle civil charges that it violated
customer protection rules when it used trades involving customer
cash to lower its...
Read more
pay $7.5 million to settle civil charges that it violated
customer protection rules when it used trades involving customer
cash to lower its...
Read more
UPDATE 1-Rite Aid to sell 865 stores to Fred's
Dec 20 (Reuters) - Rite Aid Corp said it would sell
865 stores to Fred's Inc for $950 million to satisfy
antitrust concerns over its proposed takeover by Walgreens Boots
Alliance Inc.
Read more
865 stores to Fred's Inc for $950 million to satisfy
antitrust concerns over its proposed takeover by Walgreens Boots
Alliance Inc.
Read more
EU nations back stricter emissions rules for new gasoline engines
BRUSSELS, Dec 20 (Reuters) - EU nations backed measures to
strengthen new on-road emissions tests on Tuesday to supplement
laboratory-based ones, whose flaws were laid bare by the
Volkswagen scandal.
Read more
strengthen new on-road emissions tests on Tuesday to supplement
laboratory-based ones, whose flaws were laid bare by the
Volkswagen scandal.
Read more
UPDATE 1-Italy court acquits four former JPMorgan execs in Parmalat case - source
PARMA, Italy, Dec 20 (Reuters) - An Italian court acquitted
four former JPMorgan executives on Tuesday of
accusations of fraudulent bankruptcy over the U.S. bank's role
in the 2003 collapse of dairy...
Read more
four former JPMorgan executives on Tuesday of
accusations of fraudulent bankruptcy over the U.S. bank's role
in the 2003 collapse of dairy...
Read more
BRIEF-Tyson Foods says Philippines' department of labor, employment ruled against appeal related to 1995 closing of manufacturing facility
* Tyson Foods Inc says "Hillshire Brands does not have any
operations in Philippines, we don't expect the decision to have
any impact on our business"
Read more
operations in Philippines, we don't expect the decision to have
any impact on our business"
Read more
BRIEF-Diebold Nixdorf says CMA in UK issues provisional findings
* Diebold Nixdorf - competition and markets authority in
United Kingdom issues provisional findings in connection with
Diebold Nixdorf combination
Read more
United Kingdom issues provisional findings in connection with
Diebold Nixdorf combination
Read more
Italy court acquits 4 former JPMorgan execs in Parmalat case-source
PARMA, Italy, Dec 20 (Reuters) - An Italian court on Tuesday
acquitted four former JPMorgan executives from
accusations of fraudulent bankruptcy in a probe over the U.S.
bank's role in the 2003...
Read more
acquitted four former JPMorgan executives from
accusations of fraudulent bankruptcy in a probe over the U.S.
bank's role in the 2003...
Read more
BRIEF-Kalvista pharmaceuticals files for resale of up to 7.83 mln shares by selling stockholders
* Files for resale of up to 7.83 million shares of co's
common stock by selling stockholders - SEC filing
Source text: [http://bit.ly/2hm36Ml]
Further company coverage:
Read more
common stock by selling stockholders - SEC filing
Source text: [http://bit.ly/2hm36Ml]
Further company coverage:
Read more
RPT-UPDATE 1-British shale gas gets boost from court ruling on permit
LONDON, Dec 20 (Reuters) - Britain's High Court ruled on
Tuesday that a fracking permit awarded by a local council to
developer Third Energy was legal, after it was challenged by
environmental...
Read more
Tuesday that a fracking permit awarded by a local council to
developer Third Energy was legal, after it was challenged by
environmental...
Read more
Monday, December 19, 2016
UK hedge fund lobby group outlines Brexit wishlist
Dec 19 (Reuters) - A British hedge fund group on Monday laid
out its wishlist for Brexit negotiations, with continued access
to European Union investors and workers among its goals to limit
the...
Read more
out its wishlist for Brexit negotiations, with continued access
to European Union investors and workers among its goals to limit
the...
Read more
ChemChina extends public tender offers for Syngenta to March 2
ZURICH, Dec 20 (Reuters) - State-owned China National
Chemical Corp (ChemChina) on Tuesday said it has
extended its $43 billion cash offer for Swiss agrichemicals
group Syngenta AG to March 2, 2017.
Read more
Chemical Corp (ChemChina) on Tuesday said it has
extended its $43 billion cash offer for Swiss agrichemicals
group Syngenta AG to March 2, 2017.
Read more
PRESS DIGEST- British Business - Dec 20
Dec 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
CFTC fines Maryland investment firm in fraud case linked to CEO's death
NEW YORK, Dec 19 (Reuters) - The U.S. Commodity Futures
Trading Commission ordered a Washington area wealth management
firm to pay $800,000 on Monday in a fraud case involving the
firm's chief...
Read more
Trading Commission ordered a Washington area wealth management
firm to pay $800,000 on Monday in a fraud case involving the
firm's chief...
Read more
BRIEF-Sarepta Therapeutics announces EMA validation of Eteplirsen
* Sarepta Therapeutics announces EMA validation of
Eteplirsen authorization application for treatment of Duchenne
muscular Dystrophy amenable to exon skipping 51
Read more
Eteplirsen authorization application for treatment of Duchenne
muscular Dystrophy amenable to exon skipping 51
Read more
BRIEF-Foundation Medicine receives FDA approval of Foundationfocus
* Foundation Medicine receives FDA approval of
Foundationfocus CDXBRCA as a companion diagnostic for
Rubraca(Rucaparib) for the treatment of women with ovarian
cancer
Source text for Eikon:
Further...
Read more
Foundationfocus CDXBRCA as a companion diagnostic for
Rubraca(Rucaparib) for the treatment of women with ovarian
cancer
Source text for Eikon:
Further...
Read more
UPDATE 5-North Carolina considers transgender bathroom law repeal this week
Dec 19 (Reuters) - A North Carolina law limiting bathroom
access for transgender people could be repealed this week after
months of protests and economic boycotts over legislation
decried as...
Read more
access for transgender people could be repealed this week after
months of protests and economic boycotts over legislation
decried as...
Read more
Neustar to pay $180,000 penalty for violating whistleblower rule -U.S. SEC
WASHINGTON, Dec 19 (Reuters) - Virginia-based Neustar Inc
has agreed to pay a penalty of $180,000 to settle
charges involving its severance agreements that impeded at least
one former employee from...
Read more
has agreed to pay a penalty of $180,000 to settle
charges involving its severance agreements that impeded at least
one former employee from...
Read more
UPDATE 1-Volkswagen agrees to spend up to C$2.1 billion over Canadian emissions
WASHINGTON, Dec 19 (Reuters) - Volkswagen AG has agreed to
spend up to $2.1 billion Canadian dollars to buy back or fix
105,000 polluting diesels and compensate owners in Canada, the
company said...
Read more
spend up to $2.1 billion Canadian dollars to buy back or fix
105,000 polluting diesels and compensate owners in Canada, the
company said...
Read more
UPDATE 3-Brazil to challenge Canada at WTO over Bombardier funding
SAO PAULO, Dec 19 (Reuters) - Brazil will challenge
government funding for Bombardier Inc at the World
Trade Organization (WTO), escalating the latest trade spat
between the Canadian jet maker and...
Read more
government funding for Bombardier Inc at the World
Trade Organization (WTO), escalating the latest trade spat
between the Canadian jet maker and...
Read more
UPDATE 3-U.S. charges Platinum Partners execs with $1 billion fraud
NEW YORK, Dec 19 (Reuters) - Top executives of New
York-based hedge fund manager Platinum Partners were arrested on
Monday and charged with running an approximately $1 billion
fraud that federal...
Read more
York-based hedge fund manager Platinum Partners were arrested on
Monday and charged with running an approximately $1 billion
fraud that federal...
Read more
Volkswagen agrees to spend up to C$2.1 billion over Canadian emissions
WASHINGTON, Dec 19 (Reuters) - Volkswagen AG has agreed to
spend up to $2.1 billion Canadian dollars to buy back or fix
105,000 polluting diesels and compensate owners, the company
said Monday.
Read more
spend up to $2.1 billion Canadian dollars to buy back or fix
105,000 polluting diesels and compensate owners, the company
said Monday.
Read more
BRIEF-Donald Smith & Co Inc reports 10.01 pct passive stake in Iamgold Corp
* Donald Smith & Co Inc reports 10.01 percent passive stake
in Iamgold Corp as of December 19 - sec filing
Source text : http://bit.ly/2hLYIHf
Further company coverage:
Read more
in Iamgold Corp as of December 19 - sec filing
Source text : http://bit.ly/2hLYIHf
Further company coverage:
Read more
BRIEF-Stryker Orthopaedics to compensate additional eligible U.S. Patients who had replacement surgery
* Stryker says Stryker Orthopaedics to compensate additional
eligible U.S. Patients who had surgery to replace rejuvenate
modular-neck and/or ABG II modular-neck hip stems
Read more
eligible U.S. Patients who had surgery to replace rejuvenate
modular-neck and/or ABG II modular-neck hip stems
Read more
BRIEF-Cerus announces exercise of additional BARDA contract options for activities related to its planned Phase III trial of the Intercept Red Blood Cell System
* Cerus Corp - Total value of full five-year contract has
also increased to be worth up to $185 million in non-dilutive
funding to Cerus
Read more
also increased to be worth up to $185 million in non-dilutive
funding to Cerus
Read more
BRIEF-Endologix wins Australia approval for abdominal aortic aneurysm device
* Endologix receives australian therapeutic goods
administration (TGA) approval for AFX2 bifurcated endograft
system
Source text for Eikon:
Further company coverage:
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administration (TGA) approval for AFX2 bifurcated endograft
system
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Loxo Oncology outlines plans for accelerated path to U.S.FDA approval for larotrectinib
* Loxo Oncology outlines plans for accelerated path to
U.S.FDA approval for larotrectinib (loxo-101) and provides
comprehensive pipeline update
Read more
U.S.FDA approval for larotrectinib (loxo-101) and provides
comprehensive pipeline update
Read more
BRIEF-Contravir expands Phase 2A trial of tenofovir exalidex to include doses above 100 mg
* Contravir Pharmaceuticals - plans to begin evaluating TXL
at 150 mg per day dosing and potentially higher dosing based on
TXL's performance
Read more
at 150 mg per day dosing and potentially higher dosing based on
TXL's performance
Read more
BRIEF-MediciNova announces phase 2b trial of MN-166 (ibudilast) in progressive MS will continue as planned following DSMB review of interim efficacy analysis
* MediciNova announces phase 2b trial of MN-166 (ibudilast)
in progressive MS will continue as planned following DSMB review
of interim efficacy analysis
Read more
in progressive MS will continue as planned following DSMB review
of interim efficacy analysis
Read more
UPDATE 1-Ukraine declares largest lender insolvent, readies support
KIEV, Dec 19 (Reuters) - Ukraine declared the country's
largest lender PrivatBank insolvent on Monday and said bringing
it under state ownership was the only way to protect the money
of 20 million...
Read more
largest lender PrivatBank insolvent on Monday and said bringing
it under state ownership was the only way to protect the money
of 20 million...
Read more
BRIEF-Gilead says Japan's Ministry of Health, Labour and Welfare approves co's Vemlidy for patients with chronic Hepatitis B virus infection
* Gilead - Japan's Ministry of Health, Labour and Welfare
approves Gilead's Vemlidy for patients with chronic Hepatitis B
virus infection
Source text for Eikon:
Further company coverage:
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approves Gilead's Vemlidy for patients with chronic Hepatitis B
virus infection
Source text for Eikon:
Further company coverage:
Read more
Sunday, December 18, 2016
BRIEF-Lupin launches generic drug, Vfend, in U.S.
* Lupin launches generic Vfend tablets and Vfend oral
suspension in the U.S.
Source text: http://bit.ly/2hPQA8s
Further company coverage:
Read more
suspension in the U.S.
Source text: http://bit.ly/2hPQA8s
Further company coverage:
Read more
PRESS DIGEST - Wall Street Journal - Dec 19
Dec 19 (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
Ride-hailing firm Uber partners Indonesian taxi operator Express
JAKARTA, Dec 19 (Reuters) - Uber Technologies and
Indonesia's second-biggest taxi operator PT Express Transindo
Utama Tbk announced on Monday a partnership on
ride-sharing and vehicle financing.
Read more
Indonesia's second-biggest taxi operator PT Express Transindo
Utama Tbk announced on Monday a partnership on
ride-sharing and vehicle financing.
Read more
Indonesia draft rule could ease export ban on nickel, bauxite -paper
JAKARTA, Dec 19 (Reuters) - Indonesia's government is
drafting a regulation that could ease a looming export ban for
not only copper concentrates, but also partly processed or raw
nickel and bauxite,...
Read more
drafting a regulation that could ease a looming export ban for
not only copper concentrates, but also partly processed or raw
nickel and bauxite,...
Read more
PRESS DIGEST- Financial Times - Dec 19
Dec 19 (Reuters) - The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Ireland accuses EU of exceeding power in Apple tax case
DUBLIN, Dec 19 (Reuters) - Ireland accused the European
Commission on Monday of exceeding its powers and interfering
with the EU member's national sovereignty over tax affairs in
ruling that Apple...
Read more
Commission on Monday of exceeding its powers and interfering
with the EU member's national sovereignty over tax affairs in
ruling that Apple...
Read more
RPT-High-flying Freeport CEO steers towards new Indonesia mining deal
JAKARTA, Dec 16 (Reuters) - Chappy Hakim, a retired air
force chief who says he knows next to nothing about mining, now
heads Indonesia's biggest copper producer, entrusted to use his
connections to...
Read more
force chief who says he knows next to nothing about mining, now
heads Indonesia's biggest copper producer, entrusted to use his
connections to...
Read more
UPDATE 1-Ukraine to nationalise its biggest lender, PrivatBank
KIEV, Dec 19 (Reuters) - The Ukrainian government announced
on Sunday that it will nationalise PrivatBank, the country's
biggest lender, in one of the biggest shake-ups of the banking
system since...
Read more
on Sunday that it will nationalise PrivatBank, the country's
biggest lender, in one of the biggest shake-ups of the banking
system since...
Read more
UPDATE 1-Texas city lifts tap water ban after chemical spill fear
Dec 18 (Reuters) - Tap water in Corpus Christi is safe to
drink, the mayor of the Texas city said on Sunday, lifting a
four-day ban after a chemical spill that forced most of the
Texas city's...
Read more
drink, the mayor of the Texas city said on Sunday, lifting a
four-day ban after a chemical spill that forced most of the
Texas city's...
Read more
Texas city lifts tap water ban after chemical spill
Dec 18 (Reuters) - Corpus Christi lifted a four-day ban on
drinking tap water on Sunday when authorities deemed it to be
safe despite a chemical leak that forced most of the Texas
city's residents to...
Read more
drinking tap water on Sunday when authorities deemed it to be
safe despite a chemical leak that forced most of the Texas
city's residents to...
Read more
Saturday, December 17, 2016
UPDATE 2-Vivendi denies plan to take over Italian broadcaster Mediaset
MILAN, Dec 17 (Reuters) - Vivendi denied on
Saturday it was planning to take over Mediaset after
buying a fifth of the Italian broadcaster in a move that has
riled the government and stoked an...
Read more
Saturday it was planning to take over Mediaset after
buying a fifth of the Italian broadcaster in a move that has
riled the government and stoked an...
Read more
UPDATE 1-Goldman Sachs to settle U.S. rate-rigging lawsuit for $56.5 mln
NEW YORK, Dec 16 (Reuters) - Goldman Sachs Group Inc
has agreed to pay $56.5 million to resolve a U.S. class action
lawsuit accusing it and other banks of rigging an interest rate
benchmark used in...
Read more
has agreed to pay $56.5 million to resolve a U.S. class action
lawsuit accusing it and other banks of rigging an interest rate
benchmark used in...
Read more
Friday, December 16, 2016
UPDATE 1-Uber fires back at California DMV in self-driving car spat
SAN FRANCISCO, Dec 16 (Reuters) - Uber Technolgies Inc
on Friday again defied a demand by California
regulators that the ride-services firm apply for a permit to
test self-driving cars, setting up a...
Read more
on Friday again defied a demand by California
regulators that the ride-services firm apply for a permit to
test self-driving cars, setting up a...
Read more
Goldman Sachs to settle U.S. rate-rigging lawsuit for $56.5 million
NEW YORK, Dec 16 (Reuters) - Goldman Sachs Group Inc
has agreed to pay $56.5 million to resolve a U.S. class action
lawsuit accusing it and other banks of rigging an interest rate
benchmark used in...
Read more
has agreed to pay $56.5 million to resolve a U.S. class action
lawsuit accusing it and other banks of rigging an interest rate
benchmark used in...
Read more
Airbnb seeks to raise an additional $153 mln
SAN FRANCISCO, Dec 16 (Reuters) - Airbnb Inc is looking to
raise an additional $153 million as an extension of a recent
funding round, boosting its coffers as the company pushes
forward with global...
Read more
raise an additional $153 million as an extension of a recent
funding round, boosting its coffers as the company pushes
forward with global...
Read more
BRIEF-California AG's office tells Uber to "immediately" remove its "self-driving" vehicles from state's roadways- letter
* California AG's office tells Uber to "immediately" remove
its "self-driving" vehicles from state's roadways until it
complies with all statutes, regulations- letter
Read more
its "self-driving" vehicles from state's roadways until it
complies with all statutes, regulations- letter
Read more
UPDATE 1-FBI agent leaked insider trading probe involving gambler, pro golfer - U.S.
NEW YORK, Dec 16 (Reuters) - U.S. prosecutors said on Friday that an FBI agent had confessed to being a "significant source" of leaks to journalists covering an insider trading probe involving a...
Read more
Read more
BRIEF-Altagas and Government of Alberta reach definitive agreement to settle power purchase arrangement dispute
* Under settlement agreement Altagas agreed to contribute
391,879 self-generated carbon offsets
Read more
391,879 self-generated carbon offsets
Read more
BRIEF-Blue nile says Austrian regulator provided clearance for deal with Bain Capital
* Blue Nile - on Dec 16, Austrian Federal Competition
Authority and Austrian cartel attorney provided clearance for
deal with Bain Capital - sec filing
Source text - http://bit.ly/2hDI1Ae
Further...
Read more
Authority and Austrian cartel attorney provided clearance for
deal with Bain Capital - sec filing
Source text - http://bit.ly/2hDI1Ae
Further...
Read more
Canadian marijuana companies look to get creative with brand building
OTTAWA, Dec 16 (Reuters) - Canadian marijuana firms, facing
potential limits on advertising for recreational pot, are
selling health food products and cultivating a lifestyle image
to win customers...
Read more
potential limits on advertising for recreational pot, are
selling health food products and cultivating a lifestyle image
to win customers...
Read more
REFILE-Deals of the day-Mergers and acquisitions
Dec 16 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 2030 GMT on Friday:
Read more
and disposals were reported by 2030 GMT on Friday:
Read more
EU mergers and takeovers (Dec 16)
BRUSSELS, Dec 16 (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 2-VW agrees to pay $200 million to offset U.S. emissions
WASHINGTON, Dec 16 (Reuters) - Volkswagen AG has agreed to
pay just over $200 million to offset emissions from about 80,000
3.0-liter diesel U.S. vehicles, a person briefed on the
settlement told...
Read more
pay just over $200 million to offset emissions from about 80,000
3.0-liter diesel U.S. vehicles, a person briefed on the
settlement told...
Read more
UPDATE 3-Omnicom, Publicis get DoJ subpoenas over video production practices
Dec 16 (Reuters) - Subsidiaries for advertising companies
Omnicom Group Inc and Publicis Groupe SA were
subpoenaed by the U.S. Department of Justice, both companies
said on Friday.
Read more
Omnicom Group Inc and Publicis Groupe SA were
subpoenaed by the U.S. Department of Justice, both companies
said on Friday.
Read more
EU court ruling on Spanish tax breaks may affect Starbucks, Apple appeals
BRUSSELS, Dec 16 (Reuters) - Europe's top court will decide
next week on Spanish tax breaks for foreign takeovers in a
ruling that may give clues as to how judges will deal with more
complex tax...
Read more
next week on Spanish tax breaks for foreign takeovers in a
ruling that may give clues as to how judges will deal with more
complex tax...
Read more
BRIEF-Xbiotech says received Day 180 List Of Outstanding Issues from EMA for Xilonix - SEC filing
* Xbiotech-Announced it received Day 180 List Of Outstanding
Issues from European Medicines Agency's Committee for Medicinal
Products for Human Use
Read more
Issues from European Medicines Agency's Committee for Medicinal
Products for Human Use
Read more
LPC: Hopes rise that high-risk lending curbs will ease under Trump
NEW YORK, Dec 16 (Reuters) - US leveraged lending guidelines
could ease if a Wall Street-friendly Trump administration tells
regulators to take a more lenient line on enforcing the rules,
bankers,...
Read more
could ease if a Wall Street-friendly Trump administration tells
regulators to take a more lenient line on enforcing the rules,
bankers,...
Read more
Germany plans tougher measures against hate speech, fake news
BERLIN, Dec 16 (Reuters) - Top officials in Germany's ruling
coalition said on Friday they planned legislation to crack down
on "hate speech" and fake news on Facebook and other social
media...
Read more
coalition said on Friday they planned legislation to crack down
on "hate speech" and fake news on Facebook and other social
media...
Read more
Deutsche Bank to pay $37 mln to settle charges it misled dark pool investors
WASHINGTON, Dec 16 (Reuters) - A unit of Deutsche Bank AG
will pay $37 million to settle federal and state
charges alleging the bank misled its dark pool clients about its
order routing services,...
Read more
will pay $37 million to settle federal and state
charges alleging the bank misled its dark pool clients about its
order routing services,...
Read more
BRIEF-NY A.G. Schneiderman says Deutsche Bank will pay $37 mln penalty for fraudulent order routing practices
* New York A.G. Schneiderman announces Deutsche Bank will
pay $37 million penalty for fraudulent order routing practices
Read more
pay $37 million penalty for fraudulent order routing practices
Read more
BRIEF-Adamis Pharmaceuticals announces NDA resubmission of its allergy treatment drug
* Resubmission is intended to address issues raised by FDA
in agency's June 2016 complete response letter
Read more
in agency's June 2016 complete response letter
Read more
BRIEF-TG Therapeutics says mid-stage data published in the British Journal of Haematology
* TG Therapeutics Inc announces publication of clinical data
from the phase 2 trial of TG-1101 (ublituximab) in combination
with ibrutinib in the british journal of haematology
Read more
from the phase 2 trial of TG-1101 (ublituximab) in combination
with ibrutinib in the british journal of haematology
Read more
With bylaw tweaks, Apple grants activist one of three wishes
BOSTON/SAN FRANCISCO, Dec 16 (Reuters) - Apple Inc's
board relaxed some rules for director nominations by
outside investors but stopped short of broader changes sought by
an activist shareholder.
Read more
board relaxed some rules for director nominations by
outside investors but stopped short of broader changes sought by
an activist shareholder.
Read more
Sky's not the limit for European media mergers
LONDON, Dec 16 (Reuters) - Rupert Murdoch's bid for
Britain's Sky is expected to drive traditional European
media players to do their own deals to attain the scale they
need to compete with online...
Read more
Britain's Sky is expected to drive traditional European
media players to do their own deals to attain the scale they
need to compete with online...
Read more
Lufthansa, Etihad plan code shares on further routes - source
FRANKFURT, Dec 16 (Reuters) - Lufthansa and Etihad are
planning to extend a code-sharing agreement announced on Friday
to further routes, a company source familiar with the matter
said.
Read more
planning to extend a code-sharing agreement announced on Friday
to further routes, a company source familiar with the matter
said.
Read more
BRIEF-Boston Scientific Corp reports 15.0 percent passive stake in Neovasc Inc as of December 12 - SEC filing
* Boston Scientific Corp reports 15.0 percent passive stake
in Neovasc Inc as of December 12 - SEC filing
Source text for Eikon:
Further company coverage:
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in Neovasc Inc as of December 12 - SEC filing
Source text for Eikon:
Further company coverage:
Read more
UPDATE 1-Lufthansa agrees route code-sharing deal with Etihad
* Lufthansa also finalised Air Berlin wet lease deal
(Adds analyst's comment, further details)
Read more
(Adds analyst's comment, further details)
Read more
Indonesia says Google tax settlement offer too small, no deal this year
JAKARTA, Dec 16 (Reuters) - An offer by Google to settle a
tax dispute with the Indonesian government was too small and a
deal will not be reached this year, the head of the tax office's
special...
Read more
tax dispute with the Indonesian government was too small and a
deal will not be reached this year, the head of the tax office's
special...
Read more
Actavis UK raised drug prices 12,000 pct, watchdog finds
Dec 16 (Reuters) - Drug maker Actavis UK broke competition
law by raising prices of hydrocortisone tablets by more than
12,000 percent, Britain's competition watchdog said in a
provisional ruling on...
Read more
law by raising prices of hydrocortisone tablets by more than
12,000 percent, Britain's competition watchdog said in a
provisional ruling on...
Read more
BRIEF-Vodafone Group announces completion of Vodafone Thuis sale
* confirmed completion of sale by Vodafone Libertel B.V. of
its consumer fixed business to T-Mobile Netherlands Holding B.V.
Read more
its consumer fixed business to T-Mobile Netherlands Holding B.V.
Read more
Thursday, December 15, 2016
BRIEF-Cerenis receives FDA IND approval to begin studies with CER-209 in NAFLD and NASH
* Announced on Thursday that received FDA IND approval to begin studies with CER-209 in
NAFLD and NASH
Read more
NAFLD and NASH
Read more
High-flying Freeport CEO steers towards new Indonesia mining deal
JAKARTA, Dec 16 (Reuters) - Chappy Hakim, a retired air
force chief who says he knows next to nothing about mining, now
heads Indonesia's biggest copper producer, entrusted to use his
connections to...
Read more
force chief who says he knows next to nothing about mining, now
heads Indonesia's biggest copper producer, entrusted to use his
connections to...
Read more
UK Stocks-Factors to watch on Dec 16
Dec 16 (Reuters) - Britain's FTSE 100 index is seen opening up 6
points on Friday, according to financial bookmakers.
* The UK blue chip index closed up 0.7 percent on Thursday at...
Read more
points on Friday, according to financial bookmakers.
* The UK blue chip index closed up 0.7 percent on Thursday at...
Read more
Chemtrade Logistics to buy chemical maker Canexus
Dec 15 (Reuters) - Chemtrade Logistics Income Fund
said it would buy chemicals and handling company
Canexus Corp for C$1.65 in cash per share.
Read more
said it would buy chemicals and handling company
Canexus Corp for C$1.65 in cash per share.
Read more
UPDATE 1-Chemtrade Logistics to buy chemical maker Canexus
Dec 15 (Reuters) - Chemtrade Logistics Income Fund
said it would buy chemicals and handling company
Canexus Corp for C$1.65 in cash per share, as it looks
to expand its existing platform and markets.
Read more
said it would buy chemicals and handling company
Canexus Corp for C$1.65 in cash per share, as it looks
to expand its existing platform and markets.
Read more
China bars banks from funding coal, steel "zombie firms"
BEIJING, Dec 16 (Reuters) - China's banking regulator said
on Friday that banks must strictly control credit to coal and
steel firms that are violating capacity cuts, the latest in a
series of...
Read more
on Friday that banks must strictly control credit to coal and
steel firms that are violating capacity cuts, the latest in a
series of...
Read more
PRESS DIGEST- British Business - Dec 16
Dec 16 (Reuters) - The following are the top stories on the
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
PRESS DIGEST- Financial Times - Dec 16
Dec 16 (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
BRIEF-Mayne Pharma says multiple US states commenced legal proceedings against Mayne
* Multiple US states commenced legal proceedings in United
States District Court Of Connecticut against number of US
generic companies including Mayne
Read more
States District Court Of Connecticut against number of US
generic companies including Mayne
Read more
UPDATE 2-Merck wins $2.54 bln in hepatitis C drug trial against Gilead
Dec 15 (Reuters) - Merck & Co on Thursday was
awarded $2.54 billion in royalties by a federal jury in a patent
lawsuit against Gilead Sciences Inc over Gilead's
blockbuster hepatitis C drugs Sovaldi...
Read more
awarded $2.54 billion in royalties by a federal jury in a patent
lawsuit against Gilead Sciences Inc over Gilead's
blockbuster hepatitis C drugs Sovaldi...
Read more
UPDATE 3-Brazil prosecutors hit ex-president Lula with more corruption charges
SAO PAULO, Dec 15 (Reuters) - Prosecutors on Thursday
charged former Brazilian President Luiz Inacio Lula da Silva,
his wife and a former finance minister with more corruption
charges in the...
Read more
charged former Brazilian President Luiz Inacio Lula da Silva,
his wife and a former finance minister with more corruption
charges in the...
Read more
BRIEF-Patriot National says court entered order that co shall not pay special dividend or buy stock pursuant to repurchase program pending preliminary injunction hearing
* Patriot National - court entered order that co shall not
pay special dividend or buy stock pursuant to repurchase program
pending preliminary injunction hearing
Read more
pay special dividend or buy stock pursuant to repurchase program
pending preliminary injunction hearing
Read more
BRIEF-Ritchie Bros and IronPlanet Receive Requests for Additional Information and Documentary Material under HSR Act
* Ritchie Bros. Auctioneers Inc - Plan to respond
expeditiously to second requests and continue to expect that
transaction will close by end of Q2 2017
Read more
expeditiously to second requests and continue to expect that
transaction will close by end of Q2 2017
Read more
UPDATE 2-U.S. finds no proof of airline price-gouging after 2015 train crash
Dec 15 (Reuters) - A U.S. government investigation found no
wrongdoing by five U.S. airlines and ended a probe into whether
they unfairly manipulated fares after a deadly train crash in
May 2015...
Read more
wrongdoing by five U.S. airlines and ended a probe into whether
they unfairly manipulated fares after a deadly train crash in
May 2015...
Read more
Chemical companies pitch bug-killing options amid neonic farm bans
WINNIPEG, Manitoba, Dec 15 (Reuters) - Companies that make
bug-killing chemicals and natural remedies are racing to take
advantage of restrictions on neonics, a type of insecticide
popular with...
Read more
bug-killing chemicals and natural remedies are racing to take
advantage of restrictions on neonics, a type of insecticide
popular with...
Read more
UPDATE 4-Greece snubs lenders, approves Christmas bonus as Europe divided
BRUSSELS/ATHENS, Dec 15 (Reuters) - Greece snubbed its
international lenders and legislated plans on Thursday to give
pensioners a one-off Christmas bonus despite misgivings from
creditors in a...
Read more
international lenders and legislated plans on Thursday to give
pensioners a one-off Christmas bonus despite misgivings from
creditors in a...
Read more
REFILE-From New York to London, rapid talks seal Sky-Fox deal
LONDON, Dec 15 (Reuters) - British business veteran Martin
Gilbert was at his desk in early December when he received the
call he had been expecting for years. James Murdoch wanted to
meet.
Read more
Gilbert was at his desk in early December when he received the
call he had been expecting for years. James Murdoch wanted to
meet.
Read more
BRIEF-Allergan announces civil resolution concluding federal investigation into Forest sales & marketing practices
* Allergan announces civil resolution concluding federal
investigation into Forest sales & marketing practices
Read more
investigation into Forest sales & marketing practices
Read more
U.S. finds no proof of price-gouging by airlines after 2015 Amtrak crash
Dec 15 (Reuters) - The U.S. Transportation Department has
found no wrongdoing by five top U.S. airlines and ended a probe
into whether they unfairly manipulated fares after a deadly
Amtrak crash in...
Read more
found no wrongdoing by five top U.S. airlines and ended a probe
into whether they unfairly manipulated fares after a deadly
Amtrak crash in...
Read more
BRIEF-Devry Education says co, Devry university agreed to settle litigation brought by FTC
* Co, Devry University agreed to settle litigation by FTC
regarding Devry University's use of employment statistics in
former advertising
Read more
regarding Devry University's use of employment statistics in
former advertising
Read more
Deutsche Bank's staff pay stays high, come rain or shine
FRANKFURT, Dec 15 (Reuters) - Deutsche Bank has
continued to pay staff roughly the same amount as it did a
decade ago, despite the financial crisis and a collapse in
profits, according to a Reuters...
Read more
continued to pay staff roughly the same amount as it did a
decade ago, despite the financial crisis and a collapse in
profits, according to a Reuters...
Read more
EU mergers and takeovers (Dec 15)
BRUSSELS, Dec 15 (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-Cielo awaits Brazil tax, regulatory changes to gauge impact on profit
SAO PAULO, Dec 15 (Reuters) - Cielo SA is analyzing how
recent and potential changes in Brazilian tax and financial
transaction rules could hurt profit in coming years, executives
said on Thursday,...
Read more
recent and potential changes in Brazilian tax and financial
transaction rules could hurt profit in coming years, executives
said on Thursday,...
Read more
BRIEF-EnteroMedics says Commercial Patient Data confirms success of co's vBloc therapy in combination with vBloc achieve program
* Commercial Patient Data confirms success of EnteroMedics'
vBloc therapy in combination with vBloc achieve program in
patients struggling to lose weight
Source text for Eikon:
Further company...
Read more
vBloc therapy in combination with vBloc achieve program in
patients struggling to lose weight
Source text for Eikon:
Further company...
Read more
UPDATE 1-Murdoch's Fox agrees deal to buy Sky for $14.6 bln
LONDON, Dec 15 (Reuters) - Rupert Murdoch's Twenty-First
Century Fox said on Thursday it had agreed to buy
European pay-TV firm Sky for $14.6 billion, sticking to
its earlier offer despite complaints...
Read more
Century Fox said on Thursday it had agreed to buy
European pay-TV firm Sky for $14.6 billion, sticking to
its earlier offer despite complaints...
Read more
BRIEF-Knight Therapeutics announces exclusive license agreement with AstraZeneca
* Knight therapeutics- as per agreement, co will be
responsible for all commercial, regulatory, certain supply chain
activities for movantik in canada, israel
Read more
responsible for all commercial, regulatory, certain supply chain
activities for movantik in canada, israel
Read more
Murdoch's Fox agrees deal to buy Sky for $14.6 bln
LONDON, Dec 15 (Reuters) - Rupert Murdoch's Twenty-First
Century Fox said on Thursday it had agreed to buy
European pay-TV firm Sky for $14.6 billion, sticking to
its 10.75 pounds per share offer...
Read more
Century Fox said on Thursday it had agreed to buy
European pay-TV firm Sky for $14.6 billion, sticking to
its 10.75 pounds per share offer...
Read more
EU Commission believes Greek debt relief deal is robust - EU's Moscovici
BRUSSELS, Dec 15 (Reuters) - The European Commission
believes there is no reason for euro zone lenders to question
the debt relief deal struck with Greece, economic and monetary
affairs commissioner...
Read more
believes there is no reason for euro zone lenders to question
the debt relief deal struck with Greece, economic and monetary
affairs commissioner...
Read more
UPDATE 1-AB InBev to sell stake in S.Africa's Distell to state fund
JOHANNESBURG/LONDON, Dec 15 (Reuters) - Anheuser-Busch InBev
will sell its stake in South Africa's Distell Group
to state-owned pension fund Public Investment Corp, it
said on Thursday, as agreed...
Read more
will sell its stake in South Africa's Distell Group
to state-owned pension fund Public Investment Corp, it
said on Thursday, as agreed...
Read more
CORRECTED-AB InBev to sell stake in Distell to South Africa's state pension fund
JOHANNESBURG, Dec 15 (Reuters) - Anheuser-Busch InBev
will sell its entire interest in Distell Group Ltd
to South Africa's state-owned pension fund Public
Investment Corp as part of the conditions...
Read more
will sell its entire interest in Distell Group Ltd
to South Africa's state-owned pension fund Public
Investment Corp as part of the conditions...
Read more
Wednesday, December 14, 2016
BRIEF-Kiadis Pharma announces initiation of Phase I/II clinical trial with ATIR201for thalassemia
* Kiadis Pharma announces initiation of a Phase I/II
clinical trial with ATIR201for thalassemia
Read more
clinical trial with ATIR201for thalassemia
Read more
PRESS DIGEST- Wall Street Journal - Dec 15
Dec 15 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
BlackRock awarded first license under U.S. RQFII scheme
HONG KONG, Dec 15 (Reuters) - BlackRock has become
the first asset manager globally to be awarded a license to buy
Chinese stocks and bonds under a $38 billion United States quota
scheme announced in...
Read more
the first asset manager globally to be awarded a license to buy
Chinese stocks and bonds under a $38 billion United States quota
scheme announced in...
Read more
UPDATE 1-Uber launches self-driving car fleet in San Francisco despite warning from regulator
SAN FRANCISCO, Dec 14 (Reuters) - Uber Technologies Inc
rolled out its self-driving car fleet in its hometown
of San Francisco on Wednesday, but faced a backlash from state
regulators who say the...
Read more
rolled out its self-driving car fleet in its hometown
of San Francisco on Wednesday, but faced a backlash from state
regulators who say the...
Read more
PRESS DIGEST- Financial Times - Dec 15
Dec 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
SEC asks Wells Fargo to explain loan accounting practices
Dec 14 (Reuters) - The top U.S. securities regulator has
questioned Wells Fargo & Co over its accounting for a
roughly $20 billion portfolio of troubled loans.
Read more
questioned Wells Fargo & Co over its accounting for a
roughly $20 billion portfolio of troubled loans.
Read more
U.S. gives final approval to Delta-Aeromexico venture
WASHINGTON, Dec 14 (Reuters) - The U.S. Transportation
Department said on Wednesday it had granted final approval to an
alliance agreement submitted by Delta Air Lines Inc and
Aeromexico.
Read more
Department said on Wednesday it had granted final approval to an
alliance agreement submitted by Delta Air Lines Inc and
Aeromexico.
Read more
USDA faces backlash over rules it says will help poultry growers
CHICAGO, Dec 14 (Reuters) - The U.S. Department of
Agriculture proposed rules on Wednesday it said will help
protect chicken producers from mistreatment by the small group
of meat companies that...
Read more
Agriculture proposed rules on Wednesday it said will help
protect chicken producers from mistreatment by the small group
of meat companies that...
Read more
BRIEF-Popular Reports Adverse Arbitration Award in FDIC Dispute
* Popular Inc -Review board hearing one of claims submitted
by Banco Popular De Puerto Rico issued arbitration award
Read more
by Banco Popular De Puerto Rico issued arbitration award
Read more
UPDATE 1-California adopts first U.S. energy-saving rules for computers
LOS ANGELES, Dec 14 (Reuters) - California regulators on
Wednesday adopted the nation's first mandatory energy efficiency
rules for computers and monitors - devices that account for 3
percent of home...
Read more
Wednesday adopted the nation's first mandatory energy efficiency
rules for computers and monitors - devices that account for 3
percent of home...
Read more
BRIEF-JPMorgan Chase will increase its prime rate by 25 basis points to 3.75 percent, effective tomorrow
* JPMorgan Chase will increase its prime rate by 25 basis
points to 3.75 percent, effective tomorrow December 15, 2016
Source text for Eikon:
Further company coverage:
Read more
points to 3.75 percent, effective tomorrow December 15, 2016
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Bombardier CS300 airliner awarded Type Validation by U.S. Federal Aviation Administration
* CS300 airliner has been awarded its Type Validation by
U.S. Federal Aviation Administration
Source text for Eikon:
Further company coverage:
Read more
U.S. Federal Aviation Administration
Source text for Eikon:
Further company coverage:
Read more
Fed's Yellen says bank safety rules should be kept in place
WASHINGTON, Dec 14 (Reuters) - Federal Reserve Chair Janet
Yellen said on Wednesday that tough banking rules are protecting
financial markets and should largely be held in place.
Read more
Yellen said on Wednesday that tough banking rules are protecting
financial markets and should largely be held in place.
Read more
EU's Juncker says problems at Italian banks not unsolvable
BERLIN, Dec 14 (Reuters) - European Commission President
Jean-Claude Juncker said on Wednesday in an interview with
German television ZDF that he did not expect problems in the
Italian banking sector...
Read more
Jean-Claude Juncker said on Wednesday in an interview with
German television ZDF that he did not expect problems in the
Italian banking sector...
Read more
UPDATE 4-Trump picks climate skeptic Perry for top U.S. energy job
WASHINGTON, Dec 14 (Reuters) - President-elect Donald Trump
on Wednesday named former Texas Governor Rick Perry to head the
U.S. Department of Energy, handing the job to a climate change
skeptic with...
Read more
on Wednesday named former Texas Governor Rick Perry to head the
U.S. Department of Energy, handing the job to a climate change
skeptic with...
Read more
Italian industry min warns Vivendi against hostile Mediaset takeover
ROME, Dec 14 (Reuters) - Italian Industry Minister Carlo
Calenda cautioned French media group Vivendi on
Wednesday against trying to launch a hostile takeover of
Mediaset, saying the Italian firm...
Read more
Calenda cautioned French media group Vivendi on
Wednesday against trying to launch a hostile takeover of
Mediaset, saying the Italian firm...
Read more
Former UK PM Brown calls for Murdoch's Sky deal to be delayed
LONDON, Dec 14 (Reuters) - Former Prime Minister Gordon
Brown urged Britain to delay Rupert Murdoch's proposed deal to
buy European pay-TV group Sky until the government
completes an inquiry into a...
Read more
Brown urged Britain to delay Rupert Murdoch's proposed deal to
buy European pay-TV group Sky until the government
completes an inquiry into a...
Read more
EU mergers and takeovers (Dec 14)
BRUSSELS, Dec 14 (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
BoE's Woods doubtful that Trump presidency will ditch financial rules
LONDON, Dec 14 (Reuters) - There is no real evidence that
the United States will abandon key financial regulation under
President Donald Trump, a top Bank of England official said on
Wednesday.
Read more
the United States will abandon key financial regulation under
President Donald Trump, a top Bank of England official said on
Wednesday.
Read more
BRIEF-Air Products And Chemicals Inc - CEO FY 2016 total compensation $11.54 mln
* Air Products And Chemicals Inc - CEO S.Ghasemi's FY 2016
total compensation $11.54 million versus $12.96 million in fy
2015 - SEC filing
Read more
total compensation $11.54 million versus $12.96 million in fy
2015 - SEC filing
Read more
UPDATE 3-Trump picks climate skeptic Perry for top U.S. energy job
WASHINGTON, Dec 14 (Reuters) - President-elect Donald Trump
on Wednesday named former Texas Governor Rick Perry to head the
U.S. Department of Energy, handing the job to a climate change
skeptic with...
Read more
on Wednesday named former Texas Governor Rick Perry to head the
U.S. Department of Energy, handing the job to a climate change
skeptic with...
Read more
BRIEF-Bluebird Bio announces treatment of first patient with thalassemia drug
* Bluebird Bio Inc says also moving forward with plans to
initiate northstar-3 (hgb-212), a phase 3 trial of lentiglobin
drug product
Read more
initiate northstar-3 (hgb-212), a phase 3 trial of lentiglobin
drug product
Read more
BRIEF-Concert Pharmaceuticals announces CTP-543 positive top-line phase 1 results
* Concert pharmaceuticals - phase 2A trial expected to
commence in Q1 next year and topline primary outcome data
expected by end of 2017
Read more
commence in Q1 next year and topline primary outcome data
expected by end of 2017
Read more
BRIEF-Intercept says European Commission grants Ocaliva marketing authorization
* European Commission grants Intercept's Ocaliva
(obeticholic acid) marketing authorization for the treatment of
primary biliary cholangitis
Read more
(obeticholic acid) marketing authorization for the treatment of
primary biliary cholangitis
Read more
BRIEF-Concert Pharmaceuticals says announces CTP-543 positive top-line Phase 1 results
* Concert pharmaceuticals - CTP-543 well-tolerated across
all dose groups in study & there were no serious adverse events
in subjects who received CTP-543
Read more
all dose groups in study & there were no serious adverse events
in subjects who received CTP-543
Read more
BRIEF-Gulfport Energy files for potential mixed shelf offering size not disclosed - SEC filing
* Gulfport Energy files for potential mixed shelf offering
size not disclosed - SEC filing
Source text for Eikon: (http://bit.ly/2huEBx1)
Further company coverage:
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size not disclosed - SEC filing
Source text for Eikon: (http://bit.ly/2huEBx1)
Further company coverage:
Read more
G20 task force wants companies to come clean on climate risk
LONDON, Dec 14 (Reuters) - Companies will be asked to
disclose how they manage the risks to their business from
climate change and greenhouse gas emission cuts by a global task
force set up to try to...
Read more
disclose how they manage the risks to their business from
climate change and greenhouse gas emission cuts by a global task
force set up to try to...
Read more
BRIEF-Lupin gets FDA nod for generic Topicort ointment
* Says gets FDA apporval for generic Topicort ointment,
0.05%
Source text: http://bit.ly/2htXGz5
Further company coverage:
Read more
0.05%
Source text: http://bit.ly/2htXGz5
Further company coverage:
Read more
Tuesday, December 13, 2016
BRIEF-U.S. FDA approves Vericel's Maci for repair of cartilage defects of knee in adult
* U.S. FDA approves first autologous cellularized scaffold
for the repair of cartilage defects of the knee
Read more
for the repair of cartilage defects of the knee
Read more
Google extends conservative outreach as Trump calls tech meeting
SAN FRANCISCO/WASHINGTON, Dec 14 (Reuters) - Alphabet's
Google is racing to hire more conservatives for its lobbying and
policy arm, trying to get a foothold in President-elect Donald
Trump's...
Read more
Google is racing to hire more conservatives for its lobbying and
policy arm, trying to get a foothold in President-elect Donald
Trump's...
Read more
PRESS DIGEST - Wall Street Journal - Dec 14
Dec 14 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
UPDATE 1-China to penalise U.S. automaker for monopolistic behaviour - China Daily
SHANGHAI, Dec 14 (Reuters) - China will soon slap a penalty
on an un-named U.S. automaker for monopolistic behaviour, the
official China Daily newspaper reported on Wednesday, quoting a
senior state...
Read more
on an un-named U.S. automaker for monopolistic behaviour, the
official China Daily newspaper reported on Wednesday, quoting a
senior state...
Read more
RPT-COLUMN-Goldman Sachs flips from copper super-bear to super-bull: Andy Home
LONDON, Dec 13 (Reuters) - Wall Street heavyweight Goldman
Sachs has been banging the bear drum on the copper price
since the middle of last year.
Read more
Sachs has been banging the bear drum on the copper price
since the middle of last year.
Read more
UPDATE 1-Key Republican lawmaker criticizes SEC chair on 'midnight rulemaking' plans
WASHINGTON, Dec 13 (Reuters) - The top Republican on the
U.S. House Financial Services Committee criticized Securities
and Exchange Commission Chair Mary Jo White on Tuesday, after
she told lawmakers...
Read more
U.S. House Financial Services Committee criticized Securities
and Exchange Commission Chair Mary Jo White on Tuesday, after
she told lawmakers...
Read more
UPDATE 2-Wells Fargo fails 'living will' test, faces restrictions -U.S. regulators
NEW YORK/WASHINGTON, Dec 13 (Reuters) - U.S. officials on
Tuesday limited Wells Fargo & Co's ability to grow its
business, punishing the bank for not having a sufficient plan to
protect markets in...
Read more
Tuesday limited Wells Fargo & Co's ability to grow its
business, punishing the bank for not having a sufficient plan to
protect markets in...
Read more
GM asks top U.S. court to reverse ignition switch claims ruling
Dec 13 (Reuters) - General Motors Co on Tuesday asked
the U.S. Supreme Court to overturn an appellate court's ruling
that the automaker's 2009 bankruptcy does not shield it from
lawsuits over a...
Read more
the U.S. Supreme Court to overturn an appellate court's ruling
that the automaker's 2009 bankruptcy does not shield it from
lawsuits over a...
Read more
West Coast states to fight climate change even if Trump does not
CORONADO, Calif., Dec 13 (Reuters) - The governors of the
three U.S. West Coast states on Tuesday vowed to step up their
efforts to fight climate change in the face of the incoming
administration of...
Read more
three U.S. West Coast states on Tuesday vowed to step up their
efforts to fight climate change in the face of the incoming
administration of...
Read more
Wells Fargo fails 'living will' test, faces restrictions -regulators
WASHINGTON, Dec 13 (Reuters) - Wells Fargo would damage
financial markets if it were pushed to bankruptcy, U.S.
regulators said on Tuesday as they imposed restrictions on the
bank's business after a...
Read more
financial markets if it were pushed to bankruptcy, U.S.
regulators said on Tuesday as they imposed restrictions on the
bank's business after a...
Read more
UPDATE 1-Brazil court drops tax case against billionaire financier Safra
SAO PAULO, Dec 13 (Reuters) - A Brazilian federal court
dropped a case against Joseph Safra, the world's richest banker,
over an alleged scheme to pay bribes to government officials in
return for...
Read more
dropped a case against Joseph Safra, the world's richest banker,
over an alleged scheme to pay bribes to government officials in
return for...
Read more
UPDATE 1-Slack data management exposed BP to high safety risk -leaked report
* 2015 internal report says 'highly material safety risks'
remain
(Adds details in paragraph 5)
Read more
remain
(Adds details in paragraph 5)
Read more
UPDATE 1-Stock, bond markets could see sharp declines- U.S. financial watchdog
WASHINGTON, Dec 13 (Reuters) - Stock and bond markets may be
riding for a fall as equity prices soar and interest rates stay
low, a federal monitor of U.S. financial stability said on
Tuesday,...
Read more
riding for a fall as equity prices soar and interest rates stay
low, a federal monitor of U.S. financial stability said on
Tuesday,...
Read more
UPDATE 1-WhatsApp, Skype face tighter constraints under new EU privacy rules - draft
BRUSSELS, Dec 13 (Reuters) - Messaging services such as
Microsoft's Skype and Facebook's WhatsApp face
stricter rules on the way they handle customer data under new
privacy laws due to be proposed by...
Read more
Microsoft's Skype and Facebook's WhatsApp face
stricter rules on the way they handle customer data under new
privacy laws due to be proposed by...
Read more
Monsanto shareholders back Bayer deal, CEO hopeful of U.S. approval
CHICAGO, Dec 13 (Reuters) - Shareholders of U.S. seeds and
agrochemicals company Monsanto Co approved the company's
$66 billion acquisition by Bayer AG on Tuesday, a
deal that still requires...
Read more
agrochemicals company Monsanto Co approved the company's
$66 billion acquisition by Bayer AG on Tuesday, a
deal that still requires...
Read more
UPDATE 2-New bank capital rules softened to ease European fears - sources
* Start date for new rules set well into future
(Adds detail on real estate, operational risk)
Read more
(Adds detail on real estate, operational risk)
Read more
UPDATE 2-Canada should require plain packaging on pot products -panel
OTTAWA, Dec 13 (Reuters) - The Canadian government should
regulate the production of cannabis when it is legalized for
recreational use and require plain packaging for such products,
an official...
Read more
regulate the production of cannabis when it is legalized for
recreational use and require plain packaging for such products,
an official...
Read more
New Danish government hails Uber as competition boost
COPENHAGEN, Dec 13 (Reuters) - Denmark's new right-wing
government will allow Uber to continue operating under new rules
in order to encourage more competition among taxis, its
transport minister Ole...
Read more
government will allow Uber to continue operating under new rules
in order to encourage more competition among taxis, its
transport minister Ole...
Read more
UniCredit deal to offload bad loans sets bar high for Italian banks
MILAN, Dec 13 (Reuters) - UniCredit has raised the
bar for other Italian banks by announcing a radical clean-up of
its balance sheet through the sale of bad loans worth 17.7
billion euros ($19...
Read more
bar for other Italian banks by announcing a radical clean-up of
its balance sheet through the sale of bad loans worth 17.7
billion euros ($19...
Read more
BRIEF-Redhill Biopharma says positive DSMB recommendation for continuation of RHB-104 Phase III study
* Redhill Biopharma announces positive and unanimous DSMB
recommendation for continuation of Phase III study with RHB-104
for Crohn's disease
Read more
recommendation for continuation of Phase III study with RHB-104
for Crohn's disease
Read more
COLUMN-Goldman Sachs flips from copper super-bear to super-bull: Andy Home
LONDON, Dec 13 (Reuters) - Wall Street heavyweight Goldman
Sachs has been banging the bear drum on the copper price
since the middle of last year.
Read more
Sachs has been banging the bear drum on the copper price
since the middle of last year.
Read more
As drug approvals dive in 2016, returns on R&D deteriorate
LONDON, Dec 13 (Reuters) - The global pharmaceuticals
industry is set to win the lowest annual number of new drug
approvals this year since 2010 and a new report on Tuesday
suggests drugmakers'...
Read more
industry is set to win the lowest annual number of new drug
approvals this year since 2010 and a new report on Tuesday
suggests drugmakers'...
Read more
New bank capital rules softened to ease European fears - sources
LONDON, Dec 13 (Reuters) - Global banking regulators have
softened proposed new capital rules in a bid to ease European
concerns that piling on requirements would cause banks to crimp
their lending,...
Read more
softened proposed new capital rules in a bid to ease European
concerns that piling on requirements would cause banks to crimp
their lending,...
Read more
Gol signs leniency deal with Brazil prosecutors
SAO PAULO, Dec 13 (Reuters) - Gol LÃnhas Aéreas Inteligentes
SA, Brazil's No. 2 airline, has agreed to sign a leniency accord
with federal prosecutors, after an internal probe found the
company might...
Read more
SA, Brazil's No. 2 airline, has agreed to sign a leniency accord
with federal prosecutors, after an internal probe found the
company might...
Read more
CORRECTED-UPDATE 2-Asahi says to buy AB InBev's E.European beer brands for $7.8 bln
TOKYO, Dec 13 (Reuters) - Japan's Asahi Group Holdings
said it will buy five eastern European beer brands from
Anheuser-Busch InBev for 7.3 billion euros ($7.8
billion), in the largest purchase of a...
Read more
said it will buy five eastern European beer brands from
Anheuser-Busch InBev for 7.3 billion euros ($7.8
billion), in the largest purchase of a...
Read more
UPDATE 1-UniCredit to raise 13 bln euros in Italy's biggest share issue
MILAN, Dec 13 (Reuters) - Italy's largest bank, UniCredit
, said on Tuesday it would raise 13 billion euros
($13.83 billion) in the country's biggest share issue to clean
up its balance sheet and...
Read more
, said on Tuesday it would raise 13 billion euros
($13.83 billion) in the country's biggest share issue to clean
up its balance sheet and...
Read more
UPDATE 2-UK Stocks-Factors to watch on Dec. 13
Dec 13 (Reuters) - Britain's FTSE 100 index is seen opening 5 points
higher, or up 0.07 percent on Tuesday, according to financial bookmakers, with
futures up 0.2 percent ahead of the cash market...
Read more
higher, or up 0.07 percent on Tuesday, according to financial bookmakers, with
futures up 0.2 percent ahead of the cash market...
Read more
Monday, December 12, 2016
China consumer group urges gov't to punish firms for 'fake' discounts on Singles' Day
BEIJING, Dec 13 (Reuters) - A Chinese state-backed consumer
group says almost 17 percent of discounts offered during the
country's multi-billion dollar Singles' Day online sale event
were fake,...
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group says almost 17 percent of discounts offered during the
country's multi-billion dollar Singles' Day online sale event
were fake,...
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CORRECTED-UPDATE 3-Prudential stops distribution of policy sold through Wells Fargo
Dec 12 (Reuters) - U.S. insurer Prudential Financial Inc
said on Monday it had suspended the distribution of a
low-cost life insurance policy through Wells Fargo & Co,
pending a review of how the...
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said on Monday it had suspended the distribution of a
low-cost life insurance policy through Wells Fargo & Co,
pending a review of how the...
Read more
Brazil's Federal Police asks prosecutors to charge Lula for more crimes- media
SAO PAULO, Dec 12 (Reuters) - Brazil's Federal Police asked
prosecutors to charge former President Luiz Inacio Lula da Silva
for more crimes in the country's widest-ever corruption probe,
Globo's G1...
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prosecutors to charge former President Luiz Inacio Lula da Silva
for more crimes in the country's widest-ever corruption probe,
Globo's G1...
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BRIEF-Supernus wins appeal case on Oxtellar XR
* Supernus Pharma - U.S. Court Of Appeals for federal
circuit affirmed district court's decision actavis infringed two
Oxtellar XR Orange Book patents
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circuit affirmed district court's decision actavis infringed two
Oxtellar XR Orange Book patents
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BRIEF-Quest Diagnostics says investigating data security incident
* Quest Diagnostics Inc - investigating an unauthorized
third-party intrusion into an internet application on its
network.
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third-party intrusion into an internet application on its
network.
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REFILE-WhatsApp, Skype set to come under new EU security rules - draft
BRUSSELS, Dec 12 (Reuters) - Messaging services such as
Microsoft's Skype and Facebook's WhatsApp face stricter rules on
how they handle customer data under new security laws due to be
proposed by...
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Microsoft's Skype and Facebook's WhatsApp face stricter rules on
how they handle customer data under new security laws due to be
proposed by...
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UPDATE 1-Fed gives banks five years to comply with Volcker Rule limits
WASHINGTON, Dec 12 (Reuters) - The Federal Reserve Board
laid out on Monday how U.S. banks can apply to take five more
years to comply with the Volcker Rule, a reform emerging from
the 2007-09...
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laid out on Monday how U.S. banks can apply to take five more
years to comply with the Volcker Rule, a reform emerging from
the 2007-09...
Read more
UPDATE 2-Prudential stops distribution of policy sold through Wells Fargo
Dec 12 (Reuters) - U.S. insurer Prudential Financial Inc
said on Monday it had suspended the distribution of a
low-cost life insurance policy through Wells Fargo & Co,
pending a review of how the...
Read more
said on Monday it had suspended the distribution of a
low-cost life insurance policy through Wells Fargo & Co,
pending a review of how the...
Read more
UPDATE 1-European Commission hints at leeway on aid for Italy's banks
STRASBOURG, Dec 12 (Reuters) - The European Commission is
ready to discuss with Italy several options to address problems
in its banking sector, the vice president of the EU executive
said on Monday,...
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ready to discuss with Italy several options to address problems
in its banking sector, the vice president of the EU executive
said on Monday,...
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UPDATE 2-Brazil's Temer, in battle for survival, plans economic stimulus
BRASILIA, Dec 12 (Reuters) - President Michel Temer,
fighting for survival over corruption allegations against him
and his government, is planning new measures to jump start
Brazil's stalled economy,...
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fighting for survival over corruption allegations against him
and his government, is planning new measures to jump start
Brazil's stalled economy,...
Read more
UPDATE 1-UK's Hammond backs Brexit transition, says would help EU too
LONDON, Dec 12 (Reuters) - British finance minister Philip
Hammond on Monday backed the idea of a transition period to
smooth the process of leaving the European Union, and said EU
countries also...
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Hammond on Monday backed the idea of a transition period to
smooth the process of leaving the European Union, and said EU
countries also...
Read more
AES Brazil chief slams power supply rules, seeks solution
SAO PAULO, Dec 12 (Reuters) - A sharp recession in Brazil
has forced electricity distributors to buy power they cannot
sell, adding to their struggles during the downturn, the most
senior Brazilian...
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has forced electricity distributors to buy power they cannot
sell, adding to their struggles during the downturn, the most
senior Brazilian...
Read more
BRIEF-Gamida Cell informs Elbit that FDA clears Gamida Cell to begin Phase 3 Nicord study enrolment
* Gamida Cell informed Co that Gamida Cell has been cleared
by FDA to begin enrolling for Phase 3 study of Nicord
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by FDA to begin enrolling for Phase 3 study of Nicord
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UK's Hammond backs Brexit transition, says would help EU too
LONDON, Dec 12 (Reuters) - British finance minister Philip
Hammond backed the idea of a transition period between Britain
leaving the European Union and the finalisation of its new
relationship with...
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Hammond backed the idea of a transition period between Britain
leaving the European Union and the finalisation of its new
relationship with...
Read more
BRIEF-Pfizer declares first-quarter 2017 dividend
* Increases quarterly dividend by 7 percent to $0.32 per
share
Source text for Eikon:
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share
Source text for Eikon:
Further company coverage:
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Brazilian watchdog near approval of Oi board changes -minister
SAO PAULO, Dec 12 (Reuters) - Brazilian telecommunications
industry watchdog Anatel is slated to decide on changes to the
structure of carrier Oi SA's board in coming days, a
senior government...
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industry watchdog Anatel is slated to decide on changes to the
structure of carrier Oi SA's board in coming days, a
senior government...
Read more
Britain's Labour to ask urgent parliamentary question on Fox bid for Sky
LONDON, Dec 12 (Reuters) - Britain's main opposition Labour
Party will ask an urgent question in parliament on Monday about
the proposed bid by Rupert Murdoch's Twenty-First Century Fox
for pay-TV...
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Party will ask an urgent question in parliament on Monday about
the proposed bid by Rupert Murdoch's Twenty-First Century Fox
for pay-TV...
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Fox to bid for Sky this week via scheme of arrangement - sources
LONDON, Dec 12 (Reuters) - Rupert Murdoch's Twenty-First
Century Fox aims to make a firm cash bid for British
broadcaster Sky this week, valuing the company at 10.75
pounds ($13.60) per share,...
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Century Fox aims to make a firm cash bid for British
broadcaster Sky this week, valuing the company at 10.75
pounds ($13.60) per share,...
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BRIEF-Neuberger Berman Group reports 10.86 pct passive stake in Nextera Energy Partners
* Neuberger Berman Group Llc reports 10.86 percent passive
stake in Nextera Energy Partners Lp as of November 30 - SEC
filing
Source text for Eikon:
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stake in Nextera Energy Partners Lp as of November 30 - SEC
filing
Source text for Eikon:
Further company coverage:
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BRIEF-Kalobios completes meeting with FDA for benznidazole
* Kalobios Pharmaceuticals-recently completed meeting with
U.S. FDA to review its proposed development plans for
benznidazole
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U.S. FDA to review its proposed development plans for
benznidazole
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UPDATE 1-No need to drag out Monte dei Paschi decision, ECB's Nowotny says
VIENNA, Dec 12 (Reuters) - There is no need to drag out a
decision on how to rescue Italian bank Monte dei Paschi di Siena
, European Central Bank policymaker Ewald Nowotny said
on Monday, confirming...
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decision on how to rescue Italian bank Monte dei Paschi di Siena
, European Central Bank policymaker Ewald Nowotny said
on Monday, confirming...
Read more
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