Industrials: March 2016

Thursday, March 31, 2016

China, HK stocks fall as S&P downgrade overshadows China PMI

SHANGHAI, April 1 (Reuters) - China and Hong Kong stocks fell more than 1 percent on Friday morning, as S&P's cut to China's credit outlook offset any optimism from a pick-up in March manufacturing activity.

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Monaco raids Unaoil offices over global oil corruption probe

SYDNEY, April 1 (Reuters) - Monaco has raided the homes and offices of oil company Unaoil after a UK request for assistance in an investigation into alleged corruption involving foreign companies in the global oil sector, the principality said in a statement.

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U.S. asks Deutsche, JPMorgan to give details on 1MDB dealings -sources

KUALA LUMPUR, April 1 (Reuters) - Officials of the U.S. Department of Justice have asked Deutsche Bank and JPMorgan for details of their dealings with Malaysia's 1MDB, as global investigations into the troubled state fund widen, banking sources said on Friday.

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Death toll in India flyover collapse rises to 23, with 90 rescued

* Graphic: http://tmsnrt.rs/22RhAt4 (Updates toll, overnight rescue efforts)

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China, HK stocks little changed at open as investors weigh S&P downgrade, PMI

SHANGHAI, April 1 (Reuters) - China and Hong Kong stocks were little changed at the open on Friday, but edged lower as investors weighed the impact of S&P's downgrade of the outlook for the country's economy versus unexpected growth in China's March manufacturing activity.

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UPDATE 2-S.Korea March exports fall by slowest in 4 mths, sales to China stay weak

SEOUL, April 1 (Reuters) - Improved shipments of smartphones and steel in March helped South Korea post its slowest decline in exports for four months government data showed on Friday, but weakness in sales to China remained a worry for the world's sixth largest exporter.

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China March official services PMI rises to 53.8 from Feb's 52.7

BEIJING, April 1 (Reuters) - Activity in China's services industry expanded in March at a faster pace than in the previous month, an official survey showed on Friday.

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UPDATE 1-China calls Obama, Xi talks 'constructive'

WASHINGTON, March 31 (Reuters) - China said talks on Thursday between President Xi Jinping and U.S. President Barack Obama were constructive, even as the two sides remained far apart on the South China Sea and U.S. missile defense plans for South Korea.

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Honduras plans to build new, safer airport

TEGUCIGALPA, March 31 (Reuters) - Honduras will build a $163 million international airport in the center of the country, designed to improve on the poor safety record of the existing airport in the capital city, authorities said on Thursday.

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RPT-Foxconn's $3.5 bln bet to keep up with Apple

SEOUL, March 31 (Reuters) - With its acquisition of Japan's Sharp Corp, Foxconn aims to gain access to promising technology for high-end OLED screens likely to be used in future devices from Apple Inc, the electronics assembler's biggest customer.

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Xi says China will defend its South China Sea sovereignty

BEIJING, April 1 (Reuters) - Chinese President Xi Jinping said on Thursday that China is resolute in defending its sovereignty in the South China Sea, and believes the disputes should be settled peacefully by relevant claimants through direct talks, Xinhua said.

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Probe of ULA rocket engine early cutoff focuses on fuel system

CAPE CANAVERAL, Fla., March 31 (Reuters) - The Russian-made rocket motor that catapulted a United Launch Alliance booster toward orbit last week shut down six seconds early apparently because of a fuel system problem, the company said on Thursday, in its first explanation of the issue.

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UPDATE 1-Brazil's top court removes Lula probe from crusading judge

BRASILIA, March 31 (Reuters) - Brazil's Supreme Court ruled on Thursday to remove a corruption investigation into former president Luiz Inacio Lula da Silva from the jurisdiction of a lower court judge who released a wiretapped conversation of him with President Dilma Rousseff.

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UPDATE 1-Uber CEO must face price-fixing lawsuit by passengers -U.S. judge

NEW YORK, March 31 (Reuters) - Travis Kalanick, chief executive officer of Uber Technologies Inc, failed on Thursday to win the dismissal of an antitrust lawsuit accusing him of scheming to drive up prices for passengers who use the popular ride-sharing service.

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U.S. farmers' acreage plans not set in stone as corn price drops

WASHINGTON, March 31 (Reuters) - U.S. farmers could plant more soybean acres than suggested in the government's acreage forecast issued on Thursday as recent gains in the futures market tempted them to alter their corn-heavy seeding plans, growers and analysts said.

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UPDATE 1-Airport security lines a concern after Brussels attacks -American CEO

March 31 (Reuters) - American Airlines Group Inc Chief Executive Doug Parker said on Thursday it was too early to tell if the March 22 Brussels attacks would reduce demand for flights, though long airport security lines could discourage customers.

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EU states urged to share more intelligence with airports

BRUSSELS, March 31 (Reuters) - European Union aviation security experts agreed on Thursday that police and intelligence agencies should share more information with transport authorities and operators to help prevent attacks like last week's twin bombings at Brussels' Zaventem airport.

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Argentina hikes bus, train ticket prices amid job cut protests

BUENOS AIRES, March 31 (Reuters) - Commuters in Argentina's capital will see a 100 percent increase for train and bus tickets starting next month under a plan announced on Thursday as part of the new president's fiscal austerity push.

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UPDATE 2-Brussels airport to partially reopen on Friday evening

* Strike could delay airport reopening (Adds plans for strike)

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'Teapot' refiners help propel China's W. African oil bookings in April

* Loadings for China hit highest since Sept. 2014 * WAF-Asia April loadings at eight-month high * Korea, Australia book Nigerian oil * Graphic: http://link.reuters.com/sav75v By Libby George LONDON, March 31 (Reuters) - China's loadings of West African crude oil were on track to hit their highest barrel-per-day level in 19 months in April, according to a Reuters survey of shipping fixtures and traders on Thursday. The boost is due to strong demand from the country's ind

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Amazon in talks to buy stake in mapping company HERE -sources

FRANKFURT, March 31 (Reuters) - Amazon is in talks with a consortium of German carmakers about taking a stake in high-definition digital mapping company HERE, two auto industry sources familiar with the matter said on Thursday.

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AirAsia set to announce fund raising of up to $200 mln - sources

SINGAPORE, March 31 (Reuters) - Malaysian budget airline AirAsia is set to unveil a plan to raise as much as $200 million, sources familiar with the matter said, hours after the company announced a halt in trading of its shares pending an announcement.

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UPDATE 1-Greece begins moving hundreds of refugees stranded at port to other towns

* Border closures prevent migrants moving on from Greece (Adds refugee quote)

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Bulgarian navy to get two new ships by 2022

SOFIA, March 31 (Reuters) - Bulgaria's navy is preparing to acquire two fully equipped multi-functional ships by 2022 in a deal estimated to cost about 820 million levs ($477.80 million), Defence Minister Nikolay Nenchev said on Thursday.

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L-3 fails to dismiss shareholder lawsuit over accounting

NEW YORK, March 31 (Reuters) - A federal judge rejected L-3 Communications Holdings Inc's bid to dismiss a lawsuit by shareholders seeking to recoup losses stemming from the defense contractor's alleged accounting fraud in its aerospace systems business.

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Argus Media close to stake sale, Temasek among bidders - sources

LONDON, March 31 (Reuters) - Investment and private equity funds including Singapore's Temasek and Rothschild Group are competing to invest in Argus Media in a deal that could value the energy-market data provider at more than $1.3 billion.

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Assad says Turkey Erdogan's army fighting in Syria - RIA

MOSCOW, March 31 (Reuters) - Syrian President Bashar al-Assad told Russia's RIA news agency that the army of Turkish President Tayyip Erdogan is fighting in Syria, the agency reported on Thursday.

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Eurotunnel says security measures have ended disruptions by migrants

LONDON, March 31 (Reuters) - Extra security measures introduced last year at the French terminal of the channel tunnel have ended traffic disruptions caused by migrants trying to get to Britain, a spokesman for Eurotunnel said on Thursday.

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Assad: people of Syria want Russian miltary contingent to stay -RIA

MOSCOW, March 31 (Reuters) - Syrian President Bashar al-Assad told Russia's RIA news agency that that the people of Syria are not interested in the Russian military contingent leaving the country either now or in the future, the agency reported on Thursday.

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UPDATE 1-GE Capital asks U.S. government to lift 'too big to fail' designation

WASHINGTON, March 31 (Reuters) - General Electric Co's GE Capital financing arm on Thursday asked the U.S. government to stop designating it as a "systemically important financial institution," a label given to companies considered "too big to fail."

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GE Capital asks U.S. government to lift 'too big to fail' designation

WASHINGTON, March 31 (Reuters) - General Electric Co's GE Capital financing arm on Thursday formally asked the U.S. government to stop designating it as a "systemically important financial institution," a label given to companies considered "too big to fail."

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Tunisia tourism revenue down 54 percent in Jan/Feb, follows attacks in 2015

TUNIS, March 31 (Reuters) - Tunisia's central bank said on Thusrsday tourism revenue in first two months in 2016 fell by 54 percent to 182 million dinars ($90.21 million) compared with the same period of 2015.

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Direct presidential polls better than via parliament, Syria's Assad tells RIA

MOSCOW, March 31 (Reuters) - Syrian President Bashar al-Assad told Russia's RIA news agency that electing a president in a direct nationwide vote is better than via parliament, RIA reported on Thursday.

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UPDATE 2-Bouygues sets Sunday deadline to save Orange telecoms deal

PARIS, March 31 (Reuters) - Orange and Bouygues have given themselves until Sunday to salvage a merger between France's dominant telecom operator and Bouygues Telecom, citing lack of progress ahead of a Thursday deadline.

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China says no need to "gesticulate" over South China Sea plans

BEIJING, March 31 (Reuters) - China's Defence Ministry denounced as gesticulation on Thursday speculation it would declare an air defence zone over the disputed South China Sea, after the United States said it had told China it would not recognise one.

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INSIGHT-Where's the lane? Self-driving cars confused by shabby U.S. roadways

* Bad lane markings confuse robot cars as automakers cry foul

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Islamic State urges attacks on German chancellery, Bonn airport -SITE group

BERLIN, March 31 (Reuters) - Islamic State posted pictures on the Internet calling on German Muslims to carry out Brussels-style attacks in Germany, singling out Chancellor Angela Merkel's offices and the Cologne-Bonn airport as targets, the SITE intelligence group reported.

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China finds drug users and convicts among ride-hailing app drivers

BEIJING, March 31 (Reuters) - Five ride-hailing platforms in China, including Didi Kuaidi and Uber, have been called in by authorities in the southern city of Shenzhen over the lax process of screening drivers, the official Xinhua news agency reported.

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Hong Kong shares dip on profit taking, Hang Seng sheds over 5 pct in Q1

March 31 - Hong Kong's benchmark share index retreated from near three-month highs on Thursday as some investors took profits from a jump in the previous session as fears of a near-term U.S. interest rate hike receded.

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India flyover collapse kills 10, 150 feared trapped

KOLKATA, India, March 31 (Reuters) - At least 10 people were killed on Thursday and 150 were feared trapped when a flyover under construction collapsed in the Indian city of Kolkata, two police officials said.

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First units of Russian demining experts arrive in Syria to demine Palmyra -agencies

MOSCOW, March 31 (Reuters) - First units of Russian demining experts have arrived in Syria to demine the historic part of the ancient city of Palmyra, Russian news agencies quoted the Defence Ministry as saying on Thursday.

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China stocks end modestly up, banks ease after earnings

SHANGHAI, March 31 (Reuters) - China stocks extended gains on Thursday after the previous session's 2 percent jump, as markets took comfort in the likely prospect that U.S. interest rates will rise at a slower pace.

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Wednesday, March 30, 2016

S.Korea to double duty-free store licence term to 10 years

SEOUL, March 31 (Reuters) - South Korea will double the duration of licences to operate duty-free stores in the country to 10 years from five years currently, the finance ministry said on Thursday.

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TUI on track after summer holiday bookings rise

LONDON, March 31 (Reuters) - TUI Group said holiday bookings for this summer were higher than last year as Europeans chose to holiday in Spain and further afield instead of destinations like Turkey, putting it on track to meet its annual target.

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Eletrobras posts Q4 loss of $2.85 bln on impairments, provisions

SAO PAULO, March 30 (Reuters) - Brazil's state-run Eletrobras, Latin America's largest electricity utility, posted on Wednesday a net loss of 10.438 billion reais ($2.85 billion) for the fourth quarter, due to impairments and provisions for potential legal liabilities.

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Hon Hai shares rise nearly 3 pct after Sharp deal approval, posting Q4 earnings

March 31 (Reuters) - Shares of electronic contract manufacturer Hon Hai Precision opened up 2.87 percent on Thursday after it posted market-beating fourth-quarter earnings and approved a deal with Japan's Sharp Corp.

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UPDATE 3-Loss at Mexico's ICA quintuples as debt woes mount

MEXICO CITY, March 30 (Reuters) - Mexico's ICA posted a fourth-quarter net loss more than five times higher than in the same period a year earlier, as the embattled construction company won fewer contracts and its debt soared.

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N.Korea in "top-speed dash" for May congress, Kim's nuclear policy

SEOUL, March 31 (Reuters) - North Korean leader Kim Jong Un is poised to declare his signature ruling policy during a rare party congress in May and despite tough new U.N. sanctions, it is likely to be the twin pursuit of nuclear prowess and economic development.

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Eldorado Brasil hires Credit Suisse, BofA for bond debut -sources

NEW YORK/SAO PAULO, March 30 (Reuters) - Pulpmaker Eldorado Brasil SA has hired the investment-banking units of three international banks and a Brazilian lender to manage a debut global bond offering of up to $500 million, four sources with direct knowledge of the decision said on Wednesday.

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Chipmaker Micron's second-quarter sales fall 29.6 pct

March 30 (Reuters) - Memory-chip maker Micron Technology Inc reported a 29.6 percent fall in quarterly net sales as weak demand for personal computers led to a fall in average selling prices for chips used in PCs.

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UPDATE 1-Chipmaker Micron reports smaller-than-expected loss

March 30 (Reuters) - Memory-chip maker Micron Technology Inc reported a smaller-than-expected loss for the second quarter, helped by a fall in costs.

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UPDATE 2-EU-India summit fails to defuse row over Italian marines

THE HAGUE/BRUSSELS, March 30 (Reuters) - The European Union and India failed on Wednesday to defuse a long-running row over two Italian marines accused of murder and the case moved to an international tribunal after four years of diplomatic squabbles.

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UPDATE 1-U.S. arrests oil industry networking site creator over hacks

NEW YORK, March 30 (Reuters) - The founder of an oil and gas networking website was arrested on Wednesday on charges that he hacked and stole information from a rival site he had created and sold to DHI Group Inc, the Federal Bureau of Investigation said.

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Russia says hits 54 terrorist targets in Syria - RIA

MOSCOW, March 30 (Reuters) - Russia's air force flew 23 night sorties in Syria against 54 terrorist targets in the last 24 hours, RIA news agency cited the Defence Ministry as saying on Wednesday.

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U.S. arrests creator of online network targeting oil industry

NEW YORK, March 30 (Reuters) - The creator of an online networking platform for oil and gas professionals has been arrested on charges that he stole customer information from a website he founded and later sold to DHI Group Inc, U.S. prosecutors said on Wednesday.

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UPDATE 1-U.S. jury finds General Motors ignition switch was defective

NEW YORK, March 30 (Reuters) - General Motors sold vehicles with a defective ignition switch, but the part was not to blame for a 2014 car accident, a U.S. jury found on Wednesday in the first verdict since the company was forced to recall millions of vehicles.

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Chinese firms ink deals to invest into Czech finance, industry

PRAGUE, March 30 (Reuters) - Czech and Chinese companies signed deals on Wednesday including the acquisition of a Czech-Slovak financial group and the creation of a 5 billion euro investment fund, capping a state visit by Chinese President Xi Jinping.

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Syria's Assad says Russian support key to recent military achievements - RIA

MOSCOW, March 30 (Reuters) - Support from Russia was key to recent military victories in Syria, Syrian President Bashar al-Assad told Russia's RIA news agency on Wednesday, also praising Iran and the Lebanese Shi'ite group Hezbollah.

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UPDATE 1-Fastjet says not in breach of brand deal with Haji-Ioannou

March 30 (Reuters) - Fastjet Plc denied allegations made by shareholder Stelios Haji-Ioannou that the African budget airline had breached its brand licence deal with his easyGroup Holdings Ltd.

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CORRECTED-UPDATE 2-U.S. hopes China will agree to talk about S.Korea missile defense

WASHINGTON, March 30 (Reuters) - A senior U.S. diplomat said on Tuesday he hopes China will accept an offer for a technical briefing on a new missile defense system the United States wants to deploy in South Korea, a prospect Beijing sees as a threat to its national security.

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UPDATE 1-Migrant arrivals to Greece rise sharply despite EU-Turkey deal

ATHENS, March 30 (Reuters) - Arrivals of refugees and migrants to Greece from Turkey rose sharply on Wednesday, just over a week since the European Union and Turkey struck a deal intended to cut off the flow.

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UPDATE 1-Carnival Corp quarterly profit beats on higher prices

March 30 (Reuters) - U.S. cruise operator Carnival Corp reported a better-than-expected quarterly profit, helped by higher prices and lower fuel costs.

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CPPIB invests 480 mln euros for LeasePlan acquisition

March 30 (Reuters) - The Canada Pension Plan Investment Board (CPPIB) said it invested 480 million euros ($544 million) to support the acquisition of Dutch car leasing company LeasePlan by a consortium of investors.

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Around 20 Islamic State recruiters arrested in Moscow - RIA

MOSCOW, March 30 (Reuters) - Around 20 followers of Islamic State were arrested in Moscow while trying to recruit new fighters for the group, RIA news agency cited a security source as saying on Wednesday.

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Assad says federalisation of Syria is impossible - RIA

MOSCOW, March 30 (Reuters) - Syrian President Bashar al-Assad said it would be impossible to federalise Syria because the country is too small and its people would not support it, Russia's RIA news agency reported on Wednesday.

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Syria's Assad sees agreement on draft constitution in a few weeks -RIA

MOSCOW, March 30 (Reuters) - Syrian President Bashar al-Assad said a draft agreement for a new Syrian constitution could be ready in a few weeks, Russia's RIA news agency reported on Wednesday. (Reporting by Jack Stubbs; Editing by Vladimir Soldatkin)

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UPDATE 1-State Street to buy GE Asset Management for up to $485 mln

March 30 (Reuters) - State Street Corp said it would buy General Electric Co's asset management business for up to $485 million as the industrial conglomerate winds down its financing arm to reduce regulatory burden.

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Assad: issues about forming new Syrian govt can be resolved in Geneva

MOSCOW, March 30 (Reuters) - Syrian President Bashar al-Assad said forming a new government for his country would not be complicated and any issues could be resolved at peace talks in Geneva, Russia's RIA news agency reported on Wednesday.

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Iran missile tests have caused alarm - UN's Ban

GENEVA, March 30 (Reuters) - U.N. Secretary-General Ban Ki-moon said on Wednesday that Iran's ballistic missile had caused "alarm" and it would be up to the major powers to decide whether fresh sanctions should be applied.

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Assad says conflict has cost Syria more than $200 bln

MOSCOW, March 30 (Reuters) - The conflict in Syria has cost the country more than $200 billion, Syrian President Bashar al-Assad said in an interview with Russia's RIA news agency published on Wednesday.

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Italy demands release of marine on day India seeks better ties at summit

THE HAGUE, March 30 (Reuters) - Italy on Wednesday asked judges in The Hague to order India to release a detained Italian marine, hours before Indian Prime Minister Narendra Modi was due at an EU-India summit in Brussels at which he aims to defuse the long-running row with Rome.

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Court dismisses Malaysia Airlines' bid to strike out MH370 suit

KUALA LUMPUR, March 30 (Reuters) - A Malaysian court on Wednesday dismissed a bid by national flag carrier Malaysia Airlines Berhad (MAB) to throw out a suit filed by relatives of three passengers who went missing on flight MH370, opening the way for other relatives to sue the airline.

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Hong Kong shares end near 3-month high on global rally

March 30 (Reuters) - Hong Kong stocks jumped more than 2 percent on Wednesday to a nearly three-month high, as the U.S. Federal Reserve's dovish remarks triggered the market's best performance in nearly a month.

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UPDATE 2-U.S. hopes China will agree to talk about S.Korea missile defense

UPDATE 1-Boeing says it will cut more than 4,500 jobs

March 30 (Reuters) - Boeing Co will eliminate about 4,000 jobs in its commercial airplanes division by the middle of this year and another roughly 550 jobs in a division that conducts flight and lab tests, company spokespeople told Reuters.

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Embattled liquor baron Mallya seeks to repay $603 mln to Indian banks

NEW DELHI, March 30 (Reuters) - Indian liquor baron Vijay Mallya, whose defunct Kingfisher Airlines owes $1.4 billion to a group of banks, has proposed to repay 40 billion rupees ($603 million) worth of loans by end-September, according to two lawyers present at a Supreme Court hearing on Wednesday.

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Tuesday, March 29, 2016

UPDATE 1-Foxconn to agree on Sharp takeover after slashing original offer

* Analysts say turnaround, catching up with Samsung difficult (Recasts with expected agreement, analyst's comments)

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UPDATE 2-Turbulence for Virgin Australia as Air NZ mulls exit

* Virgin Australia shares drop 9 pct after Air NZ announcement

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Uber returns to Spanish streets in search of regulatory U-turn

MADRID, March 30 (Reuters) - Uber will be back in Spain from Wednesday, after regulation and hostility from local taxi firms drove it off the streets at the end of 2014.

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Boeing says it will cut about 4,000 jobs by mid-2016

March 30 (Reuters) - Boeing Co will eliminate about 4,000 jobs in its commercial airplanes division by the middle of this year as it looks to control costs, a company spokesman told Reuters on Tuesday.

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UPDATE 1-Virgin Australia's biggest shareholder Air NZ says it may sell stake

* Virgin Australia has tapped shareholders for cash loan (Adds quotes and Virgin's planned statement)

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Foxconn to overhaul Sharp management after planned takeover -Yomiuri

TOKYO, March 30 (Reuters) - Taiwan's Foxconn is planning to overhaul Sharp Corp's management including replacing its CEO after a multi-billion-dollar takeover of the Japanese display maker expected to be announced on Wednesday, the Yomiuri newspaper reported.

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UPDATE 2-Planemakers shrug off Brazil gloom, forecast growth in Latin America

SANTIAGO, March 29 (Reuters) - The world's two largest plane manufacturers forecast on Tuesday that Latin America's commercial fleet will at least double over the next two decades, shrugging off worries about economic woes in regional giant Brazil and elsewhere.

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UPDATE 1-Soccer legend Pelé sues Samsung over image in newspaper ad

March 29 (Reuters) - Brazilian soccer legend Pelé has sued Samsung Electronics Co for at least $30 million, alleging the Korean company improperly used a look-alike in an advertisement that ran in the New York Times without permission.

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UPDATE 2-Quebec plane crash kills 7, ex-minister reported among dead

MONTREAL, March 29 (Reuters) - Seven people were killed on Tuesday when a small plane crashed in Canada's Magdalen Islands in the Gulf of Saint Lawrence, off eastern Quebec, provincial police said.

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RPT-Qube, Brookfield raising A$1 bln loan for Asciano's ports -sources

SYDNEY, March 29 (Reuters) - Australia's Qube Holdings Ltd and Canada's Brookfield Asset Management Inc are raising a A$1 billion ($753 million) loan to help pay for the ports business of Asciano Ltd, in a carve-up of Australia's largest ports and rail operator, people familiar with the transaction said on Tuesday.

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Two Venezuelan police officers killed in protest

SAN CRISTOBAL, Venezuela, March 29 (Reuters) - Two police officers were killed and four wounded on Tuesday in the western Venezuelan city of San Cristobal after they were hit by a bus driven by young men protesting a hike in public transport fares, according to government officials and Reuters witnesses.

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Somali pirates on trial in Paris for 2011 hijacking of yacht in Gulf of Aden

PARIS, March 29 (Reuters) - Seven Somali men accused of hijacking a French yacht in an assault in which its owner was killed and his wife abducted in the Arabian Sea four years ago appeared before a French court on Tuesday, all facing life sentences.

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UPDATE 1-Bourbon diversifies into mid-stream gas as low oil bites

* Sees US, global gas market growing (Recasts with chairman's comments at presentation)

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Moody's forecasts U.S. adoption of self-driving cars 'several decades' away

WASHINGTON, March 29 (Reuters) - Near-universal adoption of self-driving cars in the United States is likely by around 2055 and poses a long-term threat to auto insurance companies, Moody's Investors Service said in a research report released Tuesday.

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Obama briefed on EgyptAir hijacking - White House

ABOARD AIR FORCE ONE, March 29 (Reuters) - U.S. President Barack Obama was briefed on Tuesday about the hijacking of an EgyptAir plane, the White House said, noting the incident did not appear to be linked to terrorism but rather a personal dispute.

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UPDATE 1-Brussels Airlines puts airport shutdown costs at 5 mln euros a day

* Lufthansa cancelled all flights to Brussels (Adds Lufthansa comment)

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Assad: Army's victories, Russia's support to spur up political settlement -RIA

MOSCOW, March 29 (Reuters) - The successes of Syria's army and Russia's military support will not hinder but rather accelerate the political settlement in the country, Syrian President Bashar al-Assad said in an interview with Russia's RIA news agency published on Tuesday.

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Putin: Russian arms exports hit $14.5 bln in 2015, more than planned -agencies

MOSCOW, March 29 (Reuters) - Russia's arms exports totalled $14.5 billion last year, more than originally planned, Russian news agencies quoted President Vladimir Putin as saying on Tuesday.

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Kenya charges six over attack on Uber vehicle

NAIROBI, March 29 (Reuters) - Kenya charged six men with attempted murder and malicious damage to property on Tuesday, saying they were involved in a February attack on a taxi driver working for ride hailing company Uber.

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Stung by large U.S. fines, France to tighten anti-corruption laws

PARIS, March 29 (Reuters) - France is tightening its anti-corruption laws to clean up its image after several French companies were slapped with huge fines abroad, with planned reforms including greater protection for whistleblowers and a new anti-corruption agency.

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Brussels Airlines says airport shutdown costs it 5 mln a day

FRANKFURT, March 29 (Reuters) - Belgium's Brussels Airways, 45-percent owned by Deutsche Lufthansa, is chalking up 5 million euros ($5.6 million) in daily costs from the closure of its Brussels hub after last week's attacks.

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UPDATE 1-War in Yemen kills many children, leaves others malnourished - UNICEF

* 61 percent of child casualties caused by Saudi-led strikes (Adds quotes from briefing, new paras 5-6, 14)

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UPDATE 2-North Korea fires short-range missile along its coast

SEOUL, March 29 (Reuters) - North Korea test-fired a short-range missile on its east coast on Tuesday, South Korea's military said, amid heightened tension over the isolated country's nuclear and rocket programmes.

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Egypt prime minister said hijacker's motives unclear

CAIRO, March 29 (Reuters) - Egyptian Prime Minister Sherif Ismail said the man who hijacked an EgyptAir plane and diverted it to Cyprus was an Egyptian national who had asked to meet European Union officials or to fly on to another airport.

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Cypriot TV footage shows 4 leaving EgyptAir plane

ATHENS, March 29 (Reuters) - Four people were seen leaving the hijacked EgyptAir plane that landed in Cyprus on Tuesday, Cypriot Broadcasting Corporation showed in live footage.

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UPDATE 1-Kenya scraps plans for new main airport terminal

NAIROBI, March 29 (Reuters) - Kenya has scrapped plans for a new terminal building at Nairobi's main airport due to financial pressures and excess capacity caused by recent upgrades to existing facilities, the Kenya Airports Authority said on Tuesday.

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EgyptAir hijacker asking for release of prisoners in Egypt-Cyprus media

CAIRO, March 29 (Reuters) - The hijacker of an EgyptAir airplane that was diverted to Cyprus on Tuesday has asked for the release of female prisoners in Egypt, the Cyprus state broadcaster reported.

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Cairo airport delays departure of New York-bound Egyptair flight linked to hijacked plane -security sources

CAIRO, March 29 (Reuters) - Cairo airport has delayed the departure of a New York-bound airplane due to security fears related to a hijacked EgyptAir aircraft diverted to Cyprus, said two security officials.

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Egypt says seven people remain on hijacked plane

CAIRO, March 29 (Reuters) - Egypt's Civil Aviation Minister said seven people including three passengers remained on board an EgyptAir plane that was hijacked and diverted to Cyprus on Tuesday.

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Indonesia unveils port reforms as investors await new investment rules

JAKARTA, March 29 (Reuters) - The amount of time it takes for imports to clear Indonesian ports will be reduced to 3.7 days from 4.7 days under new reforms of procedures, the chief economics minister said.

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More passengers released from hijacked Egyptair plane

ATHENS, March 29 (Reuters) - Four to five more passengers were seen leaving an Egyptair plane hijacked and diverted to Larnaca airport in Cyprus on Tuesday, Cypriot state media said.

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Qube, Brookfield raising A$1 bln loan for Asciano's ports -sources

EgyptAir says only crew and four foreigners remain on hijacked plane

CAIRO, March 29 (Reuters) - EgyptAir said in a statement on Tuesday that only crew and four foreigners remained on a hijacked Egyptian plane that was forced to divert to Cyprus.

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About 15-20 people left onboard hijacked EgyptAir plane-Cyprus official

ATHENS, March 29 (Reuters) - About 15 to 20 people remained onboard a hijacked EgyptAir plane that was forced to land in Cyprus, a Cyprus foreign ministry official said on Tuesday after a number of passengers were released. (Reporting by Michele Kambas; Editing by Mark Potter)

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MEDIA-CSA to buy one Airbus A320neo, to lease six more - Hospodarske Noviny

* CSA will buy one Airbus A320neo instead an older A320 originally contracted from the manufacturer, and will lease six more planes of the newer type, Jiri Simane, whose Travel Service owns a one third stake in CSA, told Hospodarske Noviny.

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EgyptAir hijacker strapped with explosives- Cyprus broadcaster

ATHENS, March 29 (Reuters) - The hijacker who forced an EgyptAir flight heading to Cairo from Alexandria to land in Cyprus is thought to be strapped with explosives, Cyprus broadcaster CYBC said on Tuesday.

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Monday, March 28, 2016

China stocks fall as rebound loses momentum; Hong Kong down

SHANGHAI, March 29 (Reuters) - China stocks sagged on Tuesday morning, as the momentum that pushed the market up more than 10 percent from February lows continues to wane with no stimulus in sight.

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REFILE-Venezuela PDVSA reiterates it is victim of corruption smear campaign

March 28 (Reuters) - Venezuela's state-owned oil company PDVSA on Monday said it was the target of a smear campaign after the U.S. Justice Department said three of the firm's former employees had pleaded guilty to charges over a scheme to corruptly secure energy contracts.

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Nikkei edges down as soft US data dent exporters

* Automakers hardest hit, led by Nissan Motor and Toyota Motor

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Libya unity gov't blames rival faction for Tripoli airspace closure

TRIPOLI, March 29 (Reuters) - Libya's UN-backed unity government has accused authorities in Tripoli of closing down the capital's airspace to prevent it from travelling from Tunisia to start work.

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China military commemorates key victory over Taiwan forces

BEIJING, March 29 (Reuters) - As Taiwan prepares to usher in a new president in May, Chinese sailors this week threw flowers into the sea to mark a key but little-known victory against Nationalist forces, who fled to the island after a civil war defeat by the Communists in 1949.

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U.S. names General Dynamics prime contractor for new submarines

WASHINGTON, March 28 (Reuters) - General Dynamics Corp will be the prime contractor for development of 12 new submarines to carry nuclear ballistic missiles and Huntington Ingalls Industries Inc will be the major supplier under a plan released by the U.S. Navy on Monday.

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UPDATE 1-Virgin America receives takeover offers -source

March 28 (Reuters) - Virgin America Inc has received takeover bids from JetBlue Airways Corp and Alaska Air Group Inc as the U.S. budget airline backed by British billionaire Richard Branson explores a sale, a person familiar with the matter said Monday.

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Asian upstarts eye global aircraft market

* Asian aerospace firms aim to compete with Bombardier, Embraer

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Virgin America receives takeover offers -sources

March 28 (Reuters) - U.S. budget airline carrier Virgin America Inc has received acquisition interest from several companies, including JetBlue Airways Corp and Alaska Air Group Inc, a person familiar with the matter said on Monday.

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RPT-Tiny fruit fly sours Australia's big ambitions in agriculture

SYDNEY, March 27 (Reuters) - A tiny fruit fly is undermining Australia's efforts to grow its $3 billion fruit and vegetable exports, despite the country reaching a series of free trade agreements with its largest trading partners in Asia.

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At least 19 killed in Guatemala as bus plunges into ravine

GUATEMALA CITY, March 28 (Reuters) - At least 19 people were killed in Guatemala after the bus they were traveling in plunged down a 200-meter (660 feet) ravine in the west of the country on Monday, emergency services said.

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Belgium releases suspect directly linked with attacks

BRUSSELS, March 28 (Reuters) - A man widely reported to be the third individual in CCTV footage of two suspected suicide bombers at Brussels airport was released on Monday for lack of evidence.

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CANADA STOCKS-TSX falls as energy, mining stocks weigh

TORONTO, March 28 (Reuters) - Canada's main stock index fell on Monday, as energy and mining stocks pulled back with oil prices slightly lower, while consumer names made some gains.

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Iran vows to pursue missile programme despite new U.S. sanctions

DUBAI, March 28 (Reuters) - Iran will pursue its development of ballistic missiles despite the U.S. blacklisting of more Iranian companies linked to the programme, a senior Revolutionary Guards commander said on Monday.

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WRAPUP 1-Belgium seeks more information on "man in the hat"

* Belgium charges three more as number of victims rises to 35

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CIA boss Brennan visited Moscow in early March-Interfax

MOSCOW, March 28 (Reuters) - The director of the U.S. Central Intelligence Agency, John Brennan, visited Moscow at the start of March, Russia's Interfax news agency quoted Russian Deputy Foreign Minister Oleg Syromolotov as saying on Monday.

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Belgian police seek information on "man in the hat"

BRUSSELS, March 28 (Reuters) - Belgian police issued a new appeal on Monday for information about a man caught on CCTV at Brussels airport with two others thought to have blown themselves up in the check-in area last Tuesday.

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Russia's Putin, Iran's Rouhani agree to intensify contacts - Kremlin

MOSCOW, March 28 (Reuters) - Russian President Vladimir Putin and his Iranian counterpart, Hassan Rouhani, agreed in a telephone call to intensify bilateral contacts at various levels, the Kremlin said on Monday.

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No bids for $2.7 bln Philippine infrastructure project ahead of May election

MANILA, March 28 (Reuters) - A major Philippine infrastructure project received no bids by a Monday deadline, underscoring worries about the viability of the project and concern that plans could be changed or even scrapped by a new administration after elections in May.

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China stocks surrender gains as property shares drag

SHANGHAI, March 28 (Reuters) - China stocks gave up early gains as a late afternoon slide in property shares wiped out initial optimism triggered by encouraging industrial profit data released over the weekend.

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INSIGHT-With crisis plans and cuts, British bosses brace for Brexit

* British businesses prepare contingency plans for exit from EU

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Three Russian attack helicopters leave Syria for Russia - TV

MOSCOW, March 28 (Reuters) - Three heavy attack helicopters have left Moscow's Hmeymim airbase in Syria for Russia, Russian state TV channel Rossiya-24 reported on Monday.

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Sunday, March 27, 2016

China stocks firm after rebound in industrial profits

* Industrial shares outperform after Jan-Feb profits rise 4.8 pct

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Japan's ANA suspends flights to Brussels until at least April 10

TOKYO, March 28 (Reuters) - ANA Holdings, Japan's biggest airline, said on Monday it would continue its suspension of flights from Tokyo to Brussels until at least April 10 after suicide bombers blew themselves up in the airport departure hall.

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UPDATE 1-Czechs roll out red carpet for first visit by Chinese president

* Unknown suspect defaces Chinese flags on eve of visit (Adds Chinese state media comment on flags)

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South Korea says finds ducks infected with bird flu

SEOUL, March 28 (Reuters) - South Korea has detected bird flu in ducks on a poultry farm near Seoul, an agriculture ministry official told Reuters on Monday, the first discovery in four months and a month after the country regained its bird flu-free status.

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Two additional U.S. citizens confirmed killed in Brussels attack

WASHINGTON, March 27 (Reuters) - Two more U.S. citizens have been confirmed killed in last week's Brussels suicide bombings, a State Department official said on Sunday, bringing the death toll for Americans to four.

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UPDATE 1-Two additional U.S. citizens confirmed killed in Brussels attack

S.Korea set for record IPO year as conglomerates prepare to sell family silver

HONG KONG, March 28 (Reuters) - Riding a Seoul stocks revival, some of South Korea's biggest family firms are set to clean house this year with multi-billion dollar initial public offerings that will fire the country to a record year for new listings.

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Czechs roll out red carpet for first visit by Chinese president

PRAGUE, March 28 (Reuters) - China's President Xi Jinping begins a two-day state visit to Prague on Monday to promote business ties, crowning efforts by Czech President Milos Zeman to build a strategic relationship with Beijing.

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UPDATE 1-Spain's Abengoa wins backing from creditors to avoid bankruptcy

* Judge could allow an extra 7 months to seal restructuring (Adds details, background)

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Spain's Abengoa wins backing from 75 pct of creditors to restructure debt - doc

MADRID, March 27 (Reuters) - Spanish energy firm Abengoa has won the backing of around 75 percent of its creditors to restructure its high debt and seek more time from a court for talks aimed at avoiding bankruptcy, according to a document seen by Reuters on Sunday.

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UPDATE 1-Suspected U.S. air strikes in Yemen kill 14 militants - residents, medics

ADEN, March 27 (Reuters) - Air raids killed 14 men suspected of belonging to al Qaeda in southern Yemen on Sunday, medics and local residents said, in one of the largest U.S.-led assaults on the group since a civil war broke out a year ago.

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WRAPUP 2-Belgian police break up street protests as attack investigation widens

* Police drive group of rowdy protesters away from the Bourse

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Brazil's PMDB plans policies for new government if Rousseff be ousted -report

SAO PAULO, March 27 (Reuters) - The Brazilian Democratic Movement Party (PMDB) is already working on policies including sweeping welfare cuts should their coalition partner President Dilma Rousseff be impeached and it formed the new government, a newspaper said on Sunday.

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UPDATE 2-Russia's Putin congratulates Syria's Assad on regaining Palmyra

MOSCOW, March 27 (Reuters) - Russian President Vladimir Putin has congratulated Syrian President Bashar al-Assad on regaining the city of Palmyra, the Kremlin spokesman said on Sunday.

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Russian air force made 40 flights over Palmyra in last 24 hours -reports

MOSCOW, March 27 (Reuters) - The Russian air force has made 40 flights over the area of the Syrian city of Palmyra in the last 24 hours, hitting 117 targets and killing over 80 militants, Russian news agencies quoted Russian defence ministry as saying on Sunday.

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Russia's Putin congratulates Syria's Assad on regaining Palmyra - reports

MOSCOW, March 27 (Reuters) - Russian President Vladimir Putin has congratulated Syrian President Bashar al-Assad on regaining the city of Palmyra, Kremlin spokesman Dmitry Peskov was quoted as saying on Sunday.

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UPDATE 2-Belgium charges airport suspect, calls off Brussels "march against fear"

* Germany urges better intelligence-sharing across Europe (Adds arrest in the Italy)

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Construction of Indonesian coal-fired power plant to start - media

TOKYO, March 27 (Reuters) - The construction of a $4 billion, 2,000-megawatt coal-fired power station in Indonesia will begin on April 1 after years of delay as land acquisitions are finally complete, Japan's Nikkei business daily said on Sunday.

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Saturday, March 26, 2016

China industrial firms' Jan-Feb profits rise 4.8 pct y/y

BEIJING, March 27 (Reuters) - Profits earned by Chinese industrial firms in January and February rose 4.8 percent from a year earlier, the National Bureau of Statistics (NBS) said on Sunday.

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UPDATE 1 -China industrial firms' Jan-Feb profits return to growth

* Faster product sales, slower producer price decline lend support

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Tiny fruit fly sours Australia's big ambitions in agriculture

Charged Brussels suspect may be mystery 'man in the hat' bomber

BRUSSELS, March 26 (Reuters) - "The man in the hat" is how Belgium has come to know the country's most wanted suspect in the Brussels attacks, seen in a CCTV picture with two others who were about to blow themselves up at Brussels airport on Tuesday.

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UPDATE 2-Belgium charges three men with terrorism after Brussels bombs

* Evidence mounts of links with Paris attacks (adds background)

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CORRECTED-Nails and nail varnish: Brussels bombers prepared a "satanic" cocktail

BRUSSELS, March 25 (Reuters) - An empty apartment block on a quiet street turned out to be the perfect place for the three suspected Brussels attackers to prepare the home-made nail bombs used in Tuesday's airport and metro attacks that killed at least 31 people.

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BPI Angolan shareholder hopes to resume talks with Caixabank soon

LISBON, March 26 (Reuters) - Santoro Finance, a holding company of Angolan investor Isabel dos Santos, is baffled by Caixabank breaking off talks on a nearly ready deal for the Spanish bank to buy dos Santos's stake in Portuguese lender BPI and hopes to resume negotiations soon.

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UPDATE 1-Sharp, Foxconn to sign deal next week - sources

Kyrgyzstan, Uzbekistan end border standoff

BISHKEK, March 26 (Reuters) - Kyrgyzstan and its bigger Central Asian neighbour Uzbekistan have ended a standoff over a disputed border area, pulling back troops and armoured vehicles, Kyrgyzstan's border guard service said on Saturday.

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Viewed as gangsters, Brussels bombers were able to plot unseen

BRUSSELS, March 26 (Reuters) - The Bakraoui brothers' evolution from violent criminals to Islamist suicide bombers fits a pattern of time spent in jail for gun crime, followed by dodged parole meetings and missed opportunities to spot their drift into Islamic State's orbit.

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Brussels Airport will not reopen for passenger flights before Tuesday

BRUSSELS, March 26 (Reuters) - Brussels Airport said on Saturday it would not reopen for passenger flights before Tuesday after suicide bombers blew themselves up in the departure hall.

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Friday, March 25, 2016

Sharp, Foxconn to sign deal next week - media

TOKYO, March 26 (Reuters) - Sharp Corp and Taiwan's Foxconn are set to sign a takeover deal next week after repeated delays, with the two sides set to agree on a smaller bailout than originally planned for the troubled Japanese electronics maker, Japanese media said on Saturday.

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UPDATE 4-Three more arrested in Brussels police operation over attacks

* Brussels attacks killed 31 people, worst in Belgian history (Recasts with witness quote at tram stop shooting, other details, background)

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UPDATE 2-Iran air ambulance helicopter crashes, killing all on board -media

ANKARA, March 25 (Reuters) - An air ambulance helicopter crashed on Friday in Iran's central province of Fars, killing everyone on board, Iranian media reported.

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Brussels attacker had been on U.S. watch list before Paris attacks -source

WASHINGTON, March 25 (Reuters) - Brahim El Bakraoui, one of the Brussels suicide bombers, was on a U.S. counterterrorism watch list before the November attacks in Paris and his brother Khalid was put on the list shortly afterward, sources familiar with the matter said.

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Ukraine extends Russia sanctions over Savchenko case

KIEV, March 25 (Reuters) - Ukraine has extended a sanctions list against Russia to include people and institutions involved in the detention of pilot Nadezhda Savchenko and other Ukrainian citizens, its Security and Defence Council said on Friday.

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UPDATE 1-Kyrgyz, Uzbek border guards try to resolve standoff

KERBEN, Kyrgyzstan, March 25 (Reuters) - Uzbek and Kyrgyz border guards held their first face-to-face talks on Friday since both sides deployed troops and armoured vehicles in a disputed area, Kyrgyzstan said.

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Nails and nail varnish: Brussels bombers prepared a "satanic" cocktail

Police missed chance to press Abdeslam about Brussels bombers-report

PARIS, March 25 (Reuters) - Three days before this week's Brussels attacks, police showed photos of the suicide bombers to Salah Abdeslam, whom they had just arrested for his part in the November Paris killings, and failed to challenge his claim not to know them, a report said on Friday.

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Russian warplanes carried out 41 sorties to support Syrian army offensive near Palmyra - TASS

MOSCOW, March 25 (Reuters) - Russian warplanes carried out 41 sorties in Syria between Tuesday and Thursday in support of a Syrian army offensive near Palmyra, TASS news agency reported on Friday, citing the Russian Defence Ministry.

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Fans line up hours ahead of Rolling Stones debut show in Cuba

HAVANA, March 25 (Reuters) - Long-denied Cuban fans of the Rolling Stones and foreigners who made a special trip lined up outside a Havana sports complex hours before the gates were to open on Friday for a historic rock concert in Cuba.

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