SYDNEY, May 31 (Reuters) - Virgin Australia on
Tuesday said China's HNA Aviation group will buy up to a fifth
of the airline to tap into the rapidly growing tourism market
between the two countries.
Read more
Monday, May 30, 2016
France's Hollande holds ground on contested labour reform bill
PARIS, May 31 (Reuters) - President Francois Hollande said
there was no turning back on a bill to loosen France's rigid
labour regulations and that the principles behind the most
contentious proposal handing firms more scope to negotiate
working conditions must remain in place.
Read more
there was no turning back on a bill to loosen France's rigid
labour regulations and that the principles behind the most
contentious proposal handing firms more scope to negotiate
working conditions must remain in place.
Read more
Olympics-Rio cancels Olympic velodrome builder's contract
RIO DE JANEIRO, May 30 (Reuters) - Rio de Janeiro's city government said on Monday it had canceled its contract with the company constructing the Olympic velodrome about two months before the start of the Summer Games in Brazil, after the firm filed for bankruptcy protection.
Read more
Read more
UPDATE 1-LATAM Airlines joins Venezuela airline exodus
SANTIAGO, May 30 (Reuters) - LATAM Airlines on
Monday became the latest carrier to suspend its operations in
Venezuela, blaming "the current complex economic scenario in the
region."
Read more
Monday became the latest carrier to suspend its operations in
Venezuela, blaming "the current complex economic scenario in the
region."
Read more
UPDATE 1-Finmeccanica to reconsider business in India if blacklisted
MILAN, May 30 (Reuters) - Italian defence company Leonardo
Finmeccanica has threatened to reassess its business
in India, a few days after New Delhi said it would blacklist the
company over the alleged payment of bribes to win a large
helicopter contract.
Read more
Finmeccanica has threatened to reassess its business
in India, a few days after New Delhi said it would blacklist the
company over the alleged payment of bribes to win a large
helicopter contract.
Read more
UPDATE 2-Libyan oil guard says captures coastal town from Islamic State after clashes
BENGHAZI, Libya, May 30 (Reuters) - A force that controls
key oil terminals in eastern Libya said it had captured the town
of Ben Jawad from Islamic State, pushing the militant group back
along a coastal strip they control east of their stronghold of
Sirte.
Read more
key oil terminals in eastern Libya said it had captured the town
of Ben Jawad from Islamic State, pushing the militant group back
along a coastal strip they control east of their stronghold of
Sirte.
Read more
Air France-KLM in talks to sell stake in catering unit to China's HNA
PARIS, May 30 (Reuters) - Air France-KLM is
entering exclusive negotiations with China's HNA Group to sell a
stake in its catering business Servair, the Franco-Dutch airline
group said on Monday.
Read more
entering exclusive negotiations with China's HNA Group to sell a
stake in its catering business Servair, the Franco-Dutch airline
group said on Monday.
Read more
UPDATE 1-Kuka investor Voith says positive stance on Midea bid premature
FRANKFURT, May 30 (Reuters) - Kuka management's
positive stance towards a 4.5 billion-euro ($5 billion) takeover
bid by China's Midea is premature, the chief
executive of the German firm's major shareholder Voith
said on Monday.
Read more
positive stance towards a 4.5 billion-euro ($5 billion) takeover
bid by China's Midea is premature, the chief
executive of the German firm's major shareholder Voith
said on Monday.
Read more
UPDATE 1-Greek austerity hits betting firm OPAP's profit
ATHENS, May 30 (Reuters) - Greece's biggest betting firm
OPAP was hit by higher taxation and lower revenues in
the first quarter, with net profit dropping by 26.3 percent.
Read more
OPAP was hit by higher taxation and lower revenues in
the first quarter, with net profit dropping by 26.3 percent.
Read more
UPDATE 3-Japan puts military on alert for possible North Korea missile launch
TOKYO/SEOUL, May 30 (Reuters) - Japan put its military on
alert on Monday for a possible North Korean ballistic missile
firing, while South Korea also said it had detected evidence of
launch preparations, officials from Japan and South Korea said.
Read more
alert on Monday for a possible North Korean ballistic missile
firing, while South Korea also said it had detected evidence of
launch preparations, officials from Japan and South Korea said.
Read more
Israel defence, security agencies get extra $3.4 billion
JERUSALEM, May 30 (Reuters) - Israel's parliamentary finance
committee on Monday approved an extra 13.2 billion shekels ($3.4
billion) for defence and security after a stormy debate in which
the opposition accused the government of favouring defence over
social spending.
Read more
committee on Monday approved an extra 13.2 billion shekels ($3.4
billion) for defence and security after a stormy debate in which
the opposition accused the government of favouring defence over
social spending.
Read more
UPDATE 1-Lufthansa says owed more than $100 million by Venezuela
FRANKFURT, May 30 (Reuters) - Venezuela owes Lufthansa
more than $100 million in ticket revenue, the German
carrier said on Monday, following news it was suspending flights
there next month.
Read more
more than $100 million in ticket revenue, the German
carrier said on Monday, following news it was suspending flights
there next month.
Read more
REUTERS SUMMIT-Chinese investors eye property, airport and a lead mine in Bulgaria
* For other news from Reuters Eastern Europe Investment
Summit, click on http://www.reuters.com/summit/EasternEuropeInvestment16
Read more
Summit, click on http://www.reuters.com/summit/EasternEuropeInvestment16
Read more
Air travel demand slows as airlines confront security, fragile economies
BERLIN, May 30 (Reuters) - Air passenger demand in April
rose at its slowest rate since January 2015, weighed by the
March attacks on Brussels airport and highlighting safety as one
of the main challenges facing top airline executives meeting
this week.
Read more
rose at its slowest rate since January 2015, weighed by the
March attacks on Brussels airport and highlighting safety as one
of the main challenges facing top airline executives meeting
this week.
Read more
UPDATE 1-Air France pilots plan strike over pay conditions
PARIS, May 30 (Reuters) - Pilots at Air France
have voted in favour of strike action over pay conditions, the
head of the SNPL union said on Monday.
Read more
have voted in favour of strike action over pay conditions, the
head of the SNPL union said on Monday.
Read more
Somalia sentences two to life in prison for February airline blast
MOGADISHU, May 30 (Reuters) - A Somali military court
sentenced 10 people it said were behind a bomb blast that blew a
hole in the fuselage of a plane bound for Djibouti in February,
a senior government official said on Monday.
Read more
sentenced 10 people it said were behind a bomb blast that blew a
hole in the fuselage of a plane bound for Djibouti in February,
a senior government official said on Monday.
Read more
Chinese worker wounded in Pakistani bomb attack
KARACHI, Pakistan, May 30 (Reuters) - A Chinese worker and
his driver were wounded in Pakistan on Monday in a bomb attack
claimed by ethnic nationalists opposed to plans for extensive
Chinese investment, police said.
Read more
his driver were wounded in Pakistan on Monday in a bomb attack
claimed by ethnic nationalists opposed to plans for extensive
Chinese investment, police said.
Read more
Airbus exec sees no new output rises, rejigs A320 deliveries
HAMBURG, May 30 (Reuters) - The operations chief of Europe's
Airbus on Monday dampened expectations that the
planemaker would keep raising output on top of plans already
announced.
Read more
Airbus on Monday dampened expectations that the
planemaker would keep raising output on top of plans already
announced.
Read more
UPDATE 1-Airbus says output hikes challenging but will meet goals
HAMBURG, May 30 (Reuters) - The planemaking arm of Airbus
Group is sticking to targets for deliveries of its new
A320neo and A350 jets in 2016, despite a slow start to the year
caused mainly by disruptions in the supplies of engines and
cabin equipment, executives said.
Read more
Group is sticking to targets for deliveries of its new
A320neo and A350 jets in 2016, despite a slow start to the year
caused mainly by disruptions in the supplies of engines and
cabin equipment, executives said.
Read more
Turkey, Israel still discussing normalisation - Turkish deputy PM
ANKARA, May 30 (Reuters) - Officials from Turkey and Israel
are holding more meetings to normalise relations and two out of
Ankara's three conditions for reviving ties have been met,
Deputy Prime Minister Numan Kurtulmus said on Monday.
Read more
are holding more meetings to normalise relations and two out of
Ankara's three conditions for reviving ties have been met,
Deputy Prime Minister Numan Kurtulmus said on Monday.
Read more
China adds pipelines, depots at "teapot" oil hub to ease congestion
BEIJING, May 30 (Reuters) - A group of Chinese companies
plans to build new pipeline and storage facilities in eastern
Shandong province, the hub for the country's independent
refineries, providing much-needed infrastructure as crude oil
imports into the region surge.
Read more
plans to build new pipeline and storage facilities in eastern
Shandong province, the hub for the country's independent
refineries, providing much-needed infrastructure as crude oil
imports into the region surge.
Read more
China's Jan-April rail freight volume down 7.9 pct y/y
BEIJING, May 30 (Reuters) - China's rail freight volume fell
7.9 percent in the first four months of 2016 from a year earlier
to 1.05 billion tonnes, the country's top economic planner said
on Monday.
Read more
7.9 percent in the first four months of 2016 from a year earlier
to 1.05 billion tonnes, the country's top economic planner said
on Monday.
Read more
China stocks close up marginally, policy uncertainty tempers demand
SHANGHAI, May 30 (Reuters) - China stocks closed up on
Monday with many investors taking to the sidelines amid
uncertainty over the monetary policy outlook even as the economy
fails to show signs of a sustained recovery.
Read more
Monday with many investors taking to the sidelines amid
uncertainty over the monetary policy outlook even as the economy
fails to show signs of a sustained recovery.
Read more
Sunday, May 29, 2016
Australia shares near 9-mth peak, NZ stocks scales all-time high
SYDNEY/WELLINGTON, May 30 (Reuters) - Australian shares held
near nine-month peaks on Monday, as a rebound in oil prices
offset weakness in the mining sector, while New Zealand stocks
scaled a record high, putting both indices on track for a 3
percent monthly gain.
Read more
near nine-month peaks on Monday, as a rebound in oil prices
offset weakness in the mining sector, while New Zealand stocks
scaled a record high, putting both indices on track for a 3
percent monthly gain.
Read more
AirAsia has had $1 bln takeover offer for leasing unit - report
SINGAPORE, May 30 (Reuters) - Asia's largest budget airline
AirAsia Bhd has received a $1 billion offer for its
aircraft leasing unit, Bloomberg News quoted Chief Executive
Tony Fernandes as saying.
Read more
AirAsia Bhd has received a $1 billion offer for its
aircraft leasing unit, Bloomberg News quoted Chief Executive
Tony Fernandes as saying.
Read more
China stocks up slightly, investors sidelined by policy, economic uncertainty
SHANGHAI May 30 (Reuters) - China stocks rose modestly on
Monday morning with many investors keeping to the sidelines as
they ponder the monetary policy outlook as the economy fails to
show signs of a sustained recovery.
Read more
Monday morning with many investors keeping to the sidelines as
they ponder the monetary policy outlook as the economy fails to
show signs of a sustained recovery.
Read more
RPT-China bets on duty-free paradise to keep luxury spenders at home
SANYA, China, May 30 (Reuters) - China's efforts to lift
local consumption, spur domestic tourism and keep within its
borders citizens that splurge in Milan or Seoul have spawned a
duty-free paradise on the southern island of Hainan that it
hopes will satisfy a lust for luxury.
Read more
local consumption, spur domestic tourism and keep within its
borders citizens that splurge in Milan or Seoul have spawned a
duty-free paradise on the southern island of Hainan that it
hopes will satisfy a lust for luxury.
Read more
S.Korea April dept store sales growth at 3-mth high
SEOUL, May 30 (Reuters) - South Korea's department store
sales in April rose at their fastest pace in three months, final
government data showed on Monday, as warmer weather and more
holidays in the month pried open consumers' wallets.
Read more
sales in April rose at their fastest pace in three months, final
government data showed on Monday, as warmer weather and more
holidays in the month pried open consumers' wallets.
Read more
China bets on duty-free paradise to keep luxury spenders at home
SANYA, China, May 30 (Reuters) - China's efforts to lift
local consumption, spur domestic tourism and keep within its
borders citizens that splurge in Milan or Seoul have spawned a
duty-free paradise on the southern island of Hainan that it
hopes will satisfy a lust for luxury.
Read more
local consumption, spur domestic tourism and keep within its
borders citizens that splurge in Milan or Seoul have spawned a
duty-free paradise on the southern island of Hainan that it
hopes will satisfy a lust for luxury.
Read more
UPDATE 1-Belgium's Bpost fails to agree takeover of Dutch PostNL
BRUSSELS/AMSTERDAM, May 29 (Reuters) - Belgian mail operator
Bpost has discussed a possible takeover of Dutch peer
PostNL, but the two companies have failed to agree
terms.
Read more
Bpost has discussed a possible takeover of Dutch peer
PostNL, but the two companies have failed to agree
terms.
Read more
Dutch PostNl ends merger talks with Belgium's Bpost
AMSTERDAM, May 29 (Reuters) - Dutch postal company PostNL
said in a statement Sunday that talks regarding a
possible merger with Belgium's Bpost had ended.
Read more
said in a statement Sunday that talks regarding a
possible merger with Belgium's Bpost had ended.
Read more
Kerry, Lavrov discuss proposal for joint US-Russia operations in Syria
MOSCOW, May 29 (Reuters) - Russian Foreign Minister Sergei
Lavrov and U.S. Secretary of State John Kerry discussed on
Sunday Moscow's proposals for Russia and the United States to
conduct joint operations against Syrian militants who do not
observe a ceasefire in the country.
Read more
Lavrov and U.S. Secretary of State John Kerry discussed on
Sunday Moscow's proposals for Russia and the United States to
conduct joint operations against Syrian militants who do not
observe a ceasefire in the country.
Read more
Belgian, Dutch mail firms to confirm merger talks on Monday-Le Soir
AMSTERDAM, May 29 (Reuters) - Belgian mail operator Bpost
is to announce on Monday it is to continue takeover
talks with Dutch peer PostNL, with the blessings of
the Belgian government, its majority owner, Belgian newspaper Le
Soir said on Sunday.
Read more
is to announce on Monday it is to continue takeover
talks with Dutch peer PostNL, with the blessings of
the Belgian government, its majority owner, Belgian newspaper Le
Soir said on Sunday.
Read more
MIDEAST STOCKS-Scrapped Americana sale weighs on Kuwait; other bourses mixed
DUBAI, May 29 (Reuters) - Shares in Kuwaiti companies linked
with the al-Kharafi family tumbled on Sunday after the
multi-billion-dollar sale of another Kharafi-controlled business
was scrapped, while other markets were mixed in thin trade.
Read more
with the al-Kharafi family tumbled on Sunday after the
multi-billion-dollar sale of another Kharafi-controlled business
was scrapped, while other markets were mixed in thin trade.
Read more
Switzerland's Fischer grooms CEO candidates - SonntagsZeitung
ZURICH, May 29 (Reuters) - Machinery, pipes and car-parts
maker Georg Fischer is grooming several internal
candidates to replace Chief Executive Yves Serra when he turns
65 in two years, the Swiss company's chairman, Andreas Koopmann,
told the weekly SonntagsZeitung.
Read more
maker Georg Fischer is grooming several internal
candidates to replace Chief Executive Yves Serra when he turns
65 in two years, the Swiss company's chairman, Andreas Koopmann,
told the weekly SonntagsZeitung.
Read more
UPDATE 1-French PM says he will not bow to labour reform protestors
PARIS, May 29 (Reuters) - French Prime Minister Manuel Valls
is determined not to join a long list of politicians who have
conceded defeat to protesters, he told the Journal Du Dimanche
(JDD) newspaper, as the government prepares to dig in its heels
on labour reform.
Read more
is determined not to join a long list of politicians who have
conceded defeat to protesters, he told the Journal Du Dimanche
(JDD) newspaper, as the government prepares to dig in its heels
on labour reform.
Read more
France's Sapin says government will stand firm on labour reform
PARIS, May 29 (Reuters) - A plan to overhaul labour rules is
crucial to proving France's ability to reform, and the
government will stand by it despite street protests and refinery
blockades, Finance Minister Michel Sapin said in an interview.
Read more
crucial to proving France's ability to reform, and the
government will stand by it despite street protests and refinery
blockades, Finance Minister Michel Sapin said in an interview.
Read more
Saturday, May 28, 2016
Lufthansa suspends Caracas flights as Venezuelan economy struggles
CARACAS, May 28 (Reuters) - German airline Deutsche
Lufthansa AG said on Saturday it will temporarily
suspend flights to Venezuela as of next month due to economic
difficulties in the South American nation and problems
converting local currency into dollars.
Read more
Lufthansa AG said on Saturday it will temporarily
suspend flights to Venezuela as of next month due to economic
difficulties in the South American nation and problems
converting local currency into dollars.
Read more
UPDATE 1-Vintage plane crashed in Hudson River during emergency landing -owner
NEW YORK, May 28 (Reuters) - The pilot of a World War
Two-era plane killed in a crash in the Hudson River off
Manhattan on Friday evening was trying to execute an emergency
landing, the museum that owned the vintage aircraft said.
Read more
Two-era plane killed in a crash in the Hudson River off
Manhattan on Friday evening was trying to execute an emergency
landing, the museum that owned the vintage aircraft said.
Read more
UPDATE 2-French fuel supply improving, but crisis not over - minister
PARIS, May 28 (Reuters) - France's fuel supply crisis is not
yet over, the transport minister warned on Saturday, while Prime
Minister Manuel Valls was quoted as saying he was ready to ride
out protests at ports and fuel depots by strikers opposed to
labour reform plans.
Read more
yet over, the transport minister warned on Saturday, while Prime
Minister Manuel Valls was quoted as saying he was ready to ride
out protests at ports and fuel depots by strikers opposed to
labour reform plans.
Read more
Airbus Helicopters denies gearbox may have caused Norway crash
PARIS/OSLO, May 28 (Reuters) - Airbus Helicopters has acted
to allay concerns over the safety of its Super Puma aircraft
after Norwegian investigators declined to rule out a repetition
of past gearbox problems being the cause of a crash that killed
11 oil workers and two pilots.
Read more
to allay concerns over the safety of its Super Puma aircraft
after Norwegian investigators declined to rule out a repetition
of past gearbox problems being the cause of a crash that killed
11 oil workers and two pilots.
Read more
Vintage plane crashes in New York's Hudson River, pilot killed
NEW YORK, May 28 (Reuters) - The pilot of a World War
Two-era plane was killed at the start of the Memorial Day
weekend when his aircraft crashed in the Hudson River off
Manhattan after developing engine failure, authorities and local
media said on Saturday.
Read more
Two-era plane was killed at the start of the Memorial Day
weekend when his aircraft crashed in the Hudson River off
Manhattan after developing engine failure, authorities and local
media said on Saturday.
Read more
UPDATE 1 -French fuel supply improving, but crisis not over - minister
PARIS, May 28 (Reuters) - France's fuel supply crisis is not
yet over, the transport minister warned on Saturday, while Prime
Minister Manuel Valls was quoted as saying he was ready to ride
out protests at ports and fuel depots by strikers opposing
labour reform plans.
Read more
yet over, the transport minister warned on Saturday, while Prime
Minister Manuel Valls was quoted as saying he was ready to ride
out protests at ports and fuel depots by strikers opposing
labour reform plans.
Read more
UPDATE 4-Vintage plane crashes in New York's Hudson River, body recovered
NEW YORK, May 27 (Reuters) - A World War Two-era plane
crashed on Friday in New York City's Hudson River off Manhattan
and a body was recovered from inside the aircraft, authorities
said.
Read more
crashed on Friday in New York City's Hudson River off Manhattan
and a body was recovered from inside the aircraft, authorities
said.
Read more
Friday, May 27, 2016
Global airport trade group opposes new checkpoints after attacks
MONTREAL, May 27 (Reuters) - The United Nation's aviation
agency should avoid creating new checkpoints outside airport
terminals as it draws up proposed global guidelines to improve
security in the wake of recent attacks on travelers, the head of
Airports Council International said on Friday.
Read more
agency should avoid creating new checkpoints outside airport
terminals as it draws up proposed global guidelines to improve
security in the wake of recent attacks on travelers, the head of
Airports Council International said on Friday.
Read more
UPDATE 1-Three current and former U.S. Navy officers charged in bribery case
WASHINGTON, May 27 (Reuters) - Three current and former U.S.
Navy officers have been charged with participating in an alleged
bribery and fraud scheme involving a Singapore-based defense
contractor, the U.S. Justice Department said on Friday.
Read more
Navy officers have been charged with participating in an alleged
bribery and fraud scheme involving a Singapore-based defense
contractor, the U.S. Justice Department said on Friday.
Read more
UPDATE 4-Automakers recall 12 million U.S. vehicles over Takata air bags
WASHINGTON, May 27 (Reuters) - Eight automakers said on
Friday they are recalling more than 12 million U.S. vehicles for
defective Takata air bag inflators, widening the largest-ever
auto safety effort to more passenger-side devices.
Read more
Friday they are recalling more than 12 million U.S. vehicles for
defective Takata air bag inflators, widening the largest-ever
auto safety effort to more passenger-side devices.
Read more
UPDATE 1-Vietnamese man gets 40 yrs in U.S. prison for al Qaeda support
NEW YORK, May 27 (Reuters) - A Vietnamese-born man who U.S.
authorities say was instructed by a top figure with al Qaeda's
Yemen affiliate to carry out a suicide attack at London's
Heathrow Airport was sentenced on Friday to 40 years in prison.
Read more
authorities say was instructed by a top figure with al Qaeda's
Yemen affiliate to carry out a suicide attack at London's
Heathrow Airport was sentenced on Friday to 40 years in prison.
Read more
UPDATE 1-U.S. Air Force, Boeing announce KC-46 tanker delay
NEW YORK, May 27 (Reuters) - The U.S. Air Force and Boeing
Co said on Friday that Boeing will miss its deadline for
delivering an initial batch of KC-46 aerial refueling tankers.
Read more
Co said on Friday that Boeing will miss its deadline for
delivering an initial batch of KC-46 aerial refueling tankers.
Read more
Vietnamese member of al Qaeda offshoot gets 40 years in U.S. prison
NEW YORK, May 27 (Reuters) - A Vietnamese man who U.S.
authorities say was instructed by a top figure with al Qaeda's
Yemen affiliate to detonate an explosive at London's Heathrow
Airport in a suicide attack was sentenced on Friday to 40 years
in prison.
Read more
authorities say was instructed by a top figure with al Qaeda's
Yemen affiliate to detonate an explosive at London's Heathrow
Airport in a suicide attack was sentenced on Friday to 40 years
in prison.
Read more
UPDATE 2-Managers take over operations, reopen pipes at French oil hub
* Union members to meet on Monday to decide next step
(Recast with managers taking over operations)
Read more
(Recast with managers taking over operations)
Read more
Soccer-French unions plan to disrupt Euro 2016 match days
PARIS, May 27 (Reuters) - The hardline Force Ouvriere union will disrupt heavy goods traffic and public transport in cities where Euro 2016 matches will be held until a controversial labour law is withdrawn, a senior official from its transport division said on Friday.
Read more
Read more
U.S. drivers logging record miles in 2016
WASHINGTON, May 27 (Reuters) - The U.S. Transportation
Department said Friday that American drivers logged a record
number of miles in the first three months of the year, as travel
rose 4.2 percent to 746 billion miles.
Read more
Department said Friday that American drivers logged a record
number of miles in the first three months of the year, as travel
rose 4.2 percent to 746 billion miles.
Read more
UPDATE 1-EasyGroup calls for removal of Fastjet Chairman Colin Child
May 27 (Reuters) - African budget airline Fastjet Plc's
second-largest shareholder, easyGroup Holdings Ltd,
asked the company to call for a general meeting seeking the
removal of Chairman Colin Child.
Read more
second-largest shareholder, easyGroup Holdings Ltd,
asked the company to call for a general meeting seeking the
removal of Chairman Colin Child.
Read more
Aerospace industry takes small steps towards Big Data
PARIS, May 27 (Reuters) - The aerospace industry is
struggling to make the most of the chances offered by Big Data
to reduce production costs, optimise flight routes, and improve
monitoring and maintenance of aircraft equipment, executives
said.
Read more
struggling to make the most of the chances offered by Big Data
to reduce production costs, optimise flight routes, and improve
monitoring and maintenance of aircraft equipment, executives
said.
Read more
UPDATE 1-Russia says U.S. "delays" with joint Syria action may hit peace process
MOSCOW, May 27 (Reuters) - Russia said on Friday it had
intensified air strikes against oil sites controlled by an al
Qaeda affiliate in Syria, but criticised the United States for
refusing to join in.
Read more
intensified air strikes against oil sites controlled by an al
Qaeda affiliate in Syria, but criticised the United States for
refusing to join in.
Read more
Europe steps up North Korea sanctions with oil, finance bans
BRUSSELS, May 27 (Reuters) - The European Union stepped up
its sanctions on North Korea on Friday with near-blanket trade
and travel bans after Pyongyang's latest nuclear test and rocket
launch, a move going beyond new U.N. Security Council sanctions.
Read more
its sanctions on North Korea on Friday with near-blanket trade
and travel bans after Pyongyang's latest nuclear test and rocket
launch, a move going beyond new U.N. Security Council sanctions.
Read more
UPDATE 2-Kuka's CEO says Chinese bidder could be a growth driver
* Bid is latest example of Chinese firm seeking German tech
(Adds comments on white knight, details on politics, major
shareholders)
Read more
(Adds comments on white knight, details on politics, major
shareholders)
Read more
Portugal PM warns Lisbon dock workers to end strike
LISBON, May 27 (Reuters) - Portugal's prime minister warned
Lisbon dock workers on Friday that his patience was running out
after a strike that has lasted a month, paralysing the city's
ports.
Read more
Lisbon dock workers on Friday that his patience was running out
after a strike that has lasted a month, paralysing the city's
ports.
Read more
UPDATE 1-Bpost, PostNL shares suspended after postal merger report
BRUSSELS/AMSTERDAM, May 27 (Reuters) - Shares in Belgian and
Dutch mail operators Bpost and PostNL were
suspended on Friday, pending announcements from both companies
after reports of a possible merger.
Read more
Dutch mail operators Bpost and PostNL were
suspended on Friday, pending announcements from both companies
after reports of a possible merger.
Read more
Russia intensifies strikes on Nusra Front oil sites -military official
MOSCOW, May 27 (Reuters) - Russia has intensified air
strikes against the Nusra Front militant group's oil producing
and smuggling sites, a senior military official told a news
conference on Friday.
Read more
strikes against the Nusra Front militant group's oil producing
and smuggling sites, a senior military official told a news
conference on Friday.
Read more
UPDATE 1-Hollande says won't let protesters choke economy as police clear fuel picket
PARIS, May 27 (Reuters) - French riot police removed
picketers and barricades blocking access to a large fuel
distribution depot as President Francois Hollande warned
anti-reform protesters on Friday he would not let them strangle
the economy.
Read more
picketers and barricades blocking access to a large fuel
distribution depot as President Francois Hollande warned
anti-reform protesters on Friday he would not let them strangle
the economy.
Read more
Strike holds up 38 oil tankers at France's biggest oil port
PARIS, May 27 (Reuters) - Some 38 oil tankers have been held
up at the Fos-Lavera oil port in southern France, the country's
biggest, including 25 at harbour, up from 12 the previous day, a
port authority spokeswoman said on Friday.
Read more
up at the Fos-Lavera oil port in southern France, the country's
biggest, including 25 at harbour, up from 12 the previous day, a
port authority spokeswoman said on Friday.
Read more
UPDATE 1-No new signal from EgyptAir jet since day of crash as search intensifies
CAIRO/PARIS May 27 (Reuters) - No new radio signal has been
received from an EgyptAir jet since the day it crashed in the
Mediterranean last week, sources close to the investigation said
on Friday.
Read more
received from an EgyptAir jet since the day it crashed in the
Mediterranean last week, sources close to the investigation said
on Friday.
Read more
UPDATE 1-ChemChina interested in Germany's SGL Carbon - Manager Magazin
* Shares in SGL jump as much as 14 pct
(Adds SGL spokesman comment, SGL shares, background)
Read more
(Adds SGL spokesman comment, SGL shares, background)
Read more
China approves $8.34 bln in infrastructure projects -NDRC
BEIJING, May 27 (Reuters) - China's top economic planner
approved two projects on Friday with a total investment value of
54.69 billion yuan ($8.34 billion), according to a statement
published on the National Development and Reform Commission
website.
Read more
approved two projects on Friday with a total investment value of
54.69 billion yuan ($8.34 billion), according to a statement
published on the National Development and Reform Commission
website.
Read more
Thursday, May 26, 2016
REFILE-Speedboat crash kills three foreigners in Thailand - police
BANGKOK, May 27 (Reuters) - Three foreign tourists were
killed and a British man is missing after a speedboat crashed
and capsized in bad weather near the southern Thai island of
Samui, police said on Friday.
Read more
killed and a British man is missing after a speedboat crashed
and capsized in bad weather near the southern Thai island of
Samui, police said on Friday.
Read more
China faces headaches from warming Viet-U.S. ties
HONG KONG/BEIJING, May 27 (Reuters) - At a stroke, the U.S.
and Vietnam have complicated the strategic outlook for China
over the disputed South China Sea.
Read more
and Vietnam have complicated the strategic outlook for China
over the disputed South China Sea.
Read more
REFILE-China eyes turning South China Sea islands into Maldives-style resorts
BEIJING, May 27 (Reuters) - China aims to turn some of the
islands in the disputed South China Sea into Maldives-style
resorts catering for weddings with new developments on areas
that don't need a military presence, a state-run newspaper
quoted a top official on Friday as saying.
Read more
islands in the disputed South China Sea into Maldives-style
resorts catering for weddings with new developments on areas
that don't need a military presence, a state-run newspaper
quoted a top official on Friday as saying.
Read more
After sea spat, China pledges deeper defence ties with Indonesia
BEIJING, May 27 (Reuters) - China wants deeper military ties
with Indonesia and will strengthen cooperation on bilateral and
multilateral issues, China's defence minister told his
Indonesian counterpart, after a recent diplomatic spat in the
South China Sea.
Read more
with Indonesia and will strengthen cooperation on bilateral and
multilateral issues, China's defence minister told his
Indonesian counterpart, after a recent diplomatic spat in the
South China Sea.
Read more
S.Korea stocks near 2-week high on bargain hunting, won nearly flat
* KOSPI set to post weekly gain in 4 weeks
* Won expected to gain after 3 losing weeks
SEOUL, May 27 (Reuters) - South Korean shares climbed to a
near two-week high on Friday as investors hunted for bargains
and shipping stocks surged, but gains were capped by caution
ahead of next month's U.S. Federal Reserve meeting and Britain's
referendum on whether to remain in the EU.
The Korea Composite Stock Price Index (KOSPI) was up
0.2 percent at 1,962.19points as of 0228 GMT.
On a we
Read more
* Won expected to gain after 3 losing weeks
SEOUL, May 27 (Reuters) - South Korean shares climbed to a
near two-week high on Friday as investors hunted for bargains
and shipping stocks surged, but gains were capped by caution
ahead of next month's U.S. Federal Reserve meeting and Britain's
referendum on whether to remain in the EU.
The Korea Composite Stock Price Index (KOSPI) was up
0.2 percent at 1,962.19points as of 0228 GMT.
On a we
Read more
Samsung Elec to launch Samsung Pay web payments app - Electronic Times
SEOUL, May 27 (Reuters) - Tech giant Samsung Electronics Co
Ltd will launch a smartphone app in South Korea that
would allow for easier use of its mobile payments service for
online transactions, the Electronic Times reported on Friday
citing unnamed sources.
Read more
Ltd will launch a smartphone app in South Korea that
would allow for easier use of its mobile payments service for
online transactions, the Electronic Times reported on Friday
citing unnamed sources.
Read more
UPDATE 1-Cyber security firm Palo Alto's 3rd-qtr loss widens
May 26 (Reuters) - Palo Alto Networks Inc reported
a bigger third-quarter loss as the cyber security company spent
more on marketing its products.
Read more
a bigger third-quarter loss as the cyber security company spent
more on marketing its products.
Read more
Canada could order new fighter jets by 2020 -defense dept
OTTAWA, May 26 (Reuters) - Canada, which has repeatedly put
off a decision on replacing its ageing CF-18 fighter jets, could
be in a position to order a fleet of new planes by 2020, the
defense department said on Thursday.
Read more
off a decision on replacing its ageing CF-18 fighter jets, could
be in a position to order a fleet of new planes by 2020, the
defense department said on Thursday.
Read more
UPDATE 3-Italy says migrant boat capsized, second in two days
ROME, May 26 (Reuters) - A migrant boat capsized in the
Mediterranean on Thursday and while about 100 passengers were
rescued, an unknown number are feared dead, officials said.
Read more
Mediterranean on Thursday and while about 100 passengers were
rescued, an unknown number are feared dead, officials said.
Read more
Cyber security firm Palo Alto's revenue jumps 47.7 pct
May 26 (Reuters) - Palo Alto Networks Inc reported
a 47.7 percent jump in quarterly revenue as it gained new
customers for its cyber security products, particularly in its
burgeoning services unit.
Read more
a 47.7 percent jump in quarterly revenue as it gained new
customers for its cyber security products, particularly in its
burgeoning services unit.
Read more
UPDATE 2-Software problem delays Los Angeles flights - FAA
LOS ANGELES, May 26 (Reuters) - Planes arriving and
departing Los Angeles International Airport were delayed on
Thursday after a problem with air-traffic control software
briefly halted all flights, according to U.S. and local air
traffic officials.
Read more
departing Los Angeles International Airport were delayed on
Thursday after a problem with air-traffic control software
briefly halted all flights, according to U.S. and local air
traffic officials.
Read more
UPDATE 2-Finland's TVO says Areva ended talks on delayed reactor project
HELSINKI, May 26 (Reuters) - French nuclear group Areva
has broken off talks with Finnish utility
Teollisuuden Voima (TVO) over the delayed Olkiluoto 3 nuclear
reactor, TVO said on Thursday.
Read more
has broken off talks with Finnish utility
Teollisuuden Voima (TVO) over the delayed Olkiluoto 3 nuclear
reactor, TVO said on Thursday.
Read more
Los Angeles flights delayed due to 'equipment issues'- FAA
May 26 (Reuters) - Flights arriving and departing Los
Angeles International Airport (LAX) should expect delays due to
"equipment issues," the U.S. Federal Aviation Administration
said in an online air traffic control advisory.
Read more
Angeles International Airport (LAX) should expect delays due to
"equipment issues," the U.S. Federal Aviation Administration
said in an online air traffic control advisory.
Read more
India's Jet Airways reports first annual profit since 2007
NEW DELHI, May 26 (Reuters) - Jet Airways, India's
second-biggest airline by passengers, reported an annual profit
on Thursday for the first time since 2007 and a year ahead of
schedule under its 2014 turnaround plan.
Read more
second-biggest airline by passengers, reported an annual profit
on Thursday for the first time since 2007 and a year ahead of
schedule under its 2014 turnaround plan.
Read more
Amazon to deliver fresh food in Berlin soon - Manager Magazin
BERLIN, May 26 (Reuters) - Amazon plans to start
deliveries of fresh food in Berlin in coming months, a magazine
reported on Thursday, as the ecommerce giant extends its foray
into groceries beyond its home market.
Read more
deliveries of fresh food in Berlin in coming months, a magazine
reported on Thursday, as the ecommerce giant extends its foray
into groceries beyond its home market.
Read more
UPDATE 1-U.S. Virgin Islands sues Takata, Honda over airbags
May 26 (Reuters) - The U.S. Virgin Islands sued Takata Corp
and Honda Motor Co late on Wednesday over the
sale of millions of recalled airbags linked to deadly ruptures.
Read more
and Honda Motor Co late on Wednesday over the
sale of millions of recalled airbags linked to deadly ruptures.
Read more
REFILE-Protesters clash with police at French anti-reform demonstrations
PARIS, May 26 (Reuters) - Protesters clashed with police in Paris and other French cities during a nation-wide day of demonstrations against labour reforms.
Read more
Read more
UPDATE 1-Airport screening made 70,000 miss American Airlines flights this year
May 26 (Reuters) - Airport screening delays have caused more
than 70,000 American Airlines customers and 40,000
checked bags to miss their flights this year, an executive for
the airline told a U.S. congressional subcommittee on Thursday.
Read more
than 70,000 American Airlines customers and 40,000
checked bags to miss their flights this year, an executive for
the airline told a U.S. congressional subcommittee on Thursday.
Read more
Business jet makers face battle on pricing as deliveries drop
GENEVA, May 26 (Reuters) - Business jet manufacturers are
locked in a price battle as deliveries of new aircraft remain
weak and recently sold aircraft come back onto the market at
attractive prices, delegates at an annual corporate jet
convention said.
Read more
locked in a price battle as deliveries of new aircraft remain
weak and recently sold aircraft come back onto the market at
attractive prices, delegates at an annual corporate jet
convention said.
Read more
Saudi's Binladin secures Maldives airport contract
COLOMBO, May 26 (Reuters) - Construction firm Saudi Binladin
Group has secured a contract to build a new passenger terminal
at the Maldives international airport which is being built at a
total cost of $800 million, the Maldives government said on
Thursday.
Read more
Group has secured a contract to build a new passenger terminal
at the Maldives international airport which is being built at a
total cost of $800 million, the Maldives government said on
Thursday.
Read more
Raided Belgian cell had possible targets in second city Antwerp
BRUSSELS, May 26 (Reuters) - A suspected Belgian Islamist
group raided on Wednesday had potential attack targets in
Belgium's second city of Antwerp including the main railway
station, a source close to the investigation said on Thursday.
Read more
group raided on Wednesday had potential attack targets in
Belgium's second city of Antwerp including the main railway
station, a source close to the investigation said on Thursday.
Read more
From hardy pigs to super-crops, gene editing poses new EU dilemma
LONDON, May 26 (Reuters) - Heat-tolerant Angus beef cattle
designed for the tropics with white coats instead of black or
red. A button mushroom that doesn't turn brown. Pigs that don't
fall sick.
Read more
designed for the tropics with white coats instead of black or
red. A button mushroom that doesn't turn brown. Pigs that don't
fall sick.
Read more
In the Caribbean, crossing borders by land and sea for safe abortions
KINGSTON, Jamaica, May 26 (Thomson Reuters Foundation) -
W hen the Guyana Responsible Parenthood Association began
offering abortions in 2014, so many women arrived from
neighboring Brazil that the medical group is considering opening
a clinic nearer to the border.
Read more
W hen the Guyana Responsible Parenthood Association began
offering abortions in 2014, so many women arrived from
neighboring Brazil that the medical group is considering opening
a clinic nearer to the border.
Read more
Australia to study three new pieces of debris for link to missing MH370
SYDNEY, May 26 (Reuters) - Three new pieces of debris
thought to be from missing Malaysia Airlines Flight MH370 have
been found washed up on Indian Ocean beaches and will be
examined in Australia, the transport minister said on Thursday.
Read more
thought to be from missing Malaysia Airlines Flight MH370 have
been found washed up on Indian Ocean beaches and will be
examined in Australia, the transport minister said on Thursday.
Read more
UPDATE 1-Egypt investigator says French specialist vessel joining black box search
CAIRO, May 26 (Reuters) - Egypt's air accidents chief said
on Thursday that a vessel provided by French company ALSEAMAR,
which specialises in marine wreckage searches, will join within
hours the hunt for the black boxes from crashed EgyptAir flight
MS804.
Read more
on Thursday that a vessel provided by French company ALSEAMAR,
which specialises in marine wreckage searches, will join within
hours the hunt for the black boxes from crashed EgyptAir flight
MS804.
Read more
Migrant numbers growing again at Calais camp
PARIS, May 26 (Reuters) - Hundreds more migrants have made
they way to Calais on France's north coast in recent months
despite the bulldozing of part of their "jungle" camp in March,
and despite extra port security aimed at stopping them from
reaching Britain.
Read more
they way to Calais on France's north coast in recent months
despite the bulldozing of part of their "jungle" camp in March,
and despite extra port security aimed at stopping them from
reaching Britain.
Read more
Wednesday, May 25, 2016
Thai trading firm Berli to raise $6 bln via equity, bond issues
BANGKOK, May 26 (Reuters) - Thailand's Berli Jucker Pcl
said it planned to sell bonds and new shares via a
rights issue and a private placement to raise up to 214 billion
baht ($6.02 billion) and pay debt used to fund its acquisition
of Big C Supercenter Pcl.
Read more
said it planned to sell bonds and new shares via a
rights issue and a private placement to raise up to 214 billion
baht ($6.02 billion) and pay debt used to fund its acquisition
of Big C Supercenter Pcl.
Read more
RPT-UPDATE 3-Singapore Exchange in talks to buy London's Baltic Exchange
SINGAPORE/LONDON, May 25 (Reuters) - The Singapore Exchange
(SGX) is in exclusive talks to buy London's Baltic
Exchange, which has been at the heart of the global shipping
industry for centuries, the two companies said on Wednesday.
Read more
(SGX) is in exclusive talks to buy London's Baltic
Exchange, which has been at the heart of the global shipping
industry for centuries, the two companies said on Wednesday.
Read more
Biotech Regeneron replaces Intel as sponsor of Science Talent Search
NEW YORK, May 26 (Reuters) - Biotechnology company Regeneron
Pharmaceuticals Inc on Thursday became the title
sponsor of the most prestigious U.S. science competition for
high school students, taking the baton from chipmaker Intel Corp
.
Read more
Pharmaceuticals Inc on Thursday became the title
sponsor of the most prestigious U.S. science competition for
high school students, taking the baton from chipmaker Intel Corp
.
Read more
Boeing reduces size of tech workforce amid competitiveness drive
NEW YORK, May 25 (Reuters) - Boeing Co said on
Wednesday it was reducing the size of its tech support unit as
part of an ongoing drive to lower costs.
Read more
Wednesday it was reducing the size of its tech support unit as
part of an ongoing drive to lower costs.
Read more
UPDATE 4-Microsoft to cut 1,850 jobs at struggling smartphone unit
* Windows smartphones hold just 1 pct of world market
(Adds context on Microsoft strategy, final quote from Ballmer)
Read more
(Adds context on Microsoft strategy, final quote from Ballmer)
Read more
UPDATE 3-Takata hires Lazard, seeks cash infusion after air bag deaths
May 25 (Reuters) - Takata Corp confirmed on
Wednesday it has hired investment bank Lazard Ltd to lead a
financial restructuring in an effort to resolve costs stemming
from its recall of tens of millions of faulty air bags linked to
at least 13 deaths and more than 100 injuries worldwide.
Read more
Wednesday it has hired investment bank Lazard Ltd to lead a
financial restructuring in an effort to resolve costs stemming
from its recall of tens of millions of faulty air bags linked to
at least 13 deaths and more than 100 injuries worldwide.
Read more
UPDATE 4-French, Italian firms to help search for EgyptAir black boxes
CAIRO, May 25 (Reuters) - Egypt has asked European firms to
help search for the black boxes of an EgyptAir plane that
crashed on May 19 in deep water in the Mediterranean Sea, the
airline's chairman and French diplomatic sources said on
Wednesday.
Read more
help search for the black boxes of an EgyptAir plane that
crashed on May 19 in deep water in the Mediterranean Sea, the
airline's chairman and French diplomatic sources said on
Wednesday.
Read more
UPDATE 2-Connecticut lines up $22 mln grant for mega hedge fund Bridgewater
NEW YORK, May 25 (Reuters) - A Connecticut commission has
scheduled a vote on Friday on a proposed $22 million grant to
Bridgewater Associates, one of the world's largest hedge funds,
to help it expand its operations in the state.
Read more
scheduled a vote on Friday on a proposed $22 million grant to
Bridgewater Associates, one of the world's largest hedge funds,
to help it expand its operations in the state.
Read more
UPDATE 3-Brazil's Usiminas taps Leite as CEO in sign of easing dispute
SAO PAULO, May 25 (Reuters) - Usinas Siderúrgicas de Minas
Gerais SA tapped veteran executive Sergio Leite as
chief executive officer on Wednesday, as Brazil's largest listed
flat steelmaker battles to turn around a business hurt by a
recession, cheap imports and rising debt.
Read more
Gerais SA tapped veteran executive Sergio Leite as
chief executive officer on Wednesday, as Brazil's largest listed
flat steelmaker battles to turn around a business hurt by a
recession, cheap imports and rising debt.
Read more
UPDATE 3-French labour clash escalates, public fear impact on Euro 2016
PARIS, May 25 (Reuters) - The stand-off between France's government and a hardline union over labour reforms worsened on Wednesday as the country mobilised strategic oil stocks for the first time in 6 years and employers warned the protests were starting to hurt the economy.
Read more
Read more
UPDATE 1-Israeli firms team up for high-speed 3D stem cell printing
JERUSALEM, May 25 (Reuters) - Israeli 3D printer firm Nano
Dimension has successfully lab-tested a 3D bioprinter
for stem cells, paving the way for the potential printing of
large tissues and organs, the company said on Wednesday.
Read more
Dimension has successfully lab-tested a 3D bioprinter
for stem cells, paving the way for the potential printing of
large tissues and organs, the company said on Wednesday.
Read more
Alstom sues GE for breach of contract
May 25 (Reuters) - The French industrial company Alstom SA
has filed a U.S. lawsuit accusing General Electric Co
of breaching a contract related to the latter's sale of a
rail signaling business last November.
Read more
has filed a U.S. lawsuit accusing General Electric Co
of breaching a contract related to the latter's sale of a
rail signaling business last November.
Read more
Retired Burundian officer killed amid tension over presidency
NAIROBI, May 25 (Reuters) - A retired Burundian army colonel
was shot dead in Bujumbura on Wednesday, police said, victim of
escalating violence between President Pierre Nkurunziza's
security forces and opponents who say his re-election for a
third term in July was illegal.
Read more
was shot dead in Bujumbura on Wednesday, police said, victim of
escalating violence between President Pierre Nkurunziza's
security forces and opponents who say his re-election for a
third term in July was illegal.
Read more
UPDATE 2-Singapore exchange in talks to buy London's Baltic Exchange
* Potential deal valued at about $100 million - source
(Updates with SGX, Baltic Exchange confirmation)
Read more
(Updates with SGX, Baltic Exchange confirmation)
Read more
UPDATE 2-French, Italian firms to help search for EgyptAir black boxes
CAIRO, May 25 (Reuters) - Egypt is taking on two companies,
one French and one Italian, to help search for the black boxes
of the EgyptAir plane that crashed in the Mediterranean, the
airline's chairman said on Wednesday
Read more
one French and one Italian, to help search for the black boxes
of the EgyptAir plane that crashed in the Mediterranean, the
airline's chairman said on Wednesday
Read more
Austria's FACC, hit by cyber fraud, fires CEO
VIENNA, May 25 (Reuters) - The head of Austrian aerospace
parts maker FACC has been fired after the company was
hit by a cyber fraud that cost it 42 million euros ($47
million).
Read more
parts maker FACC has been fired after the company was
hit by a cyber fraud that cost it 42 million euros ($47
million).
Read more
Florence road collapses, burying cars and cutting water supply
FLORENCE, Italy, May 25 (Reuters) - A stretch of street
collapsed in central Florence early Wednesday, dropping a row of
parked cars into an underground pipeline and cutting water
supplies to part of the ancient city.
Read more
collapsed in central Florence early Wednesday, dropping a row of
parked cars into an underground pipeline and cutting water
supplies to part of the ancient city.
Read more
Obama to Asians worried about U.S. election: Its going to be OK
HO CHI MINH CITY, Vietnam, May 25 (Reuters) - U.S. President
Barack Obama sought on Wednesday to ease growing Asian worries
about the raucous election campaign to succeed him which has
been dominated by the incendiary rhetoric of mogul Donald
Trump, now the Republican Party's nominee.
Read more
Barack Obama sought on Wednesday to ease growing Asian worries
about the raucous election campaign to succeed him which has
been dominated by the incendiary rhetoric of mogul Donald
Trump, now the Republican Party's nominee.
Read more
German firms don't seem unsettled by Brexit possibility economist
MUNICH, Germany, May 25 (Reuters) - German companies do not
appear to be concerned about the possibility of Britain leaving
the European Union after a vote on June 23, Ifo economist Klaus
Wohlrabe said on Wednesday.
Read more
appear to be concerned about the possibility of Britain leaving
the European Union after a vote on June 23, Ifo economist Klaus
Wohlrabe said on Wednesday.
Read more
China stocks give up gains amid yuan depreciation worries
SHANGHAI, May 25 (Reuters) - China stocks gave up early
gains to end weaker on Wednesday despite a sharp rebound in Hong
Kong, as yuan depreciation fears resurfaced on the back of a
stronger dollar and a possible U.S. rate hike next month.
Read more
gains to end weaker on Wednesday despite a sharp rebound in Hong
Kong, as yuan depreciation fears resurfaced on the back of a
stronger dollar and a possible U.S. rate hike next month.
Read more
French police break fuel depot blockade, nuclear plant strike looms
PARIS, May 25 (Reuters) - Police broke up a fuel depot
blockade in France on Wednesday and France's hardline CGT union
prepared for a strike at a nuclear plant, escalating a standoff
over proposed new labour laws.
Read more
blockade in France on Wednesday and France's hardline CGT union
prepared for a strike at a nuclear plant, escalating a standoff
over proposed new labour laws.
Read more
Tuesday, May 24, 2016
UPDATE 2-Australia's Wesfarmers signals $1.6 bln hit as fast fashion takes toll
* H&M, Zara, Uniqlo force Australian retailers to overhaul
(Recasts throughout, updates MD quote adds analyst quote, adds
shares)
Read more
(Recasts throughout, updates MD quote adds analyst quote, adds
shares)
Read more
Lockheed's F-35 jet to face delay in testing -U.S. govt officials
WASHINGTON, May 24 (Reuters) - Lockheed Martin Corp's
F-35 stealth fighter jet will see a delay in initial
operational testing as it is taking longer than expected to
configure test aircraft with the latest software, U.S.
government officials said on Tuesday.
Read more
F-35 stealth fighter jet will see a delay in initial
operational testing as it is taking longer than expected to
configure test aircraft with the latest software, U.S.
government officials said on Tuesday.
Read more
UPDATE 1-China's Huawei files patent suits against Samsung Elec
HONG KONG, May 25 (Reuters) - Huawei Technologies Co Ltd
on Wednesday said it sued Samsung Electronics Co Ltd
claiming infringement of smartphone patents, the
Chinese firm's first intellectual property challenge against the
world's top mobile maker.
Read more
on Wednesday said it sued Samsung Electronics Co Ltd
claiming infringement of smartphone patents, the
Chinese firm's first intellectual property challenge against the
world's top mobile maker.
Read more
Samsung Elec to defend interests against Huawei patent suits
SEOUL, May 25 (Reuters) - Tech giant Samsung Electronics Co
Ltd said on Wednesday it will defend itself against
patent lawsuits filed by smartphone rival Huawei Technologies Co
Ltd.
Read more
Ltd said on Wednesday it will defend itself against
patent lawsuits filed by smartphone rival Huawei Technologies Co
Ltd.
Read more
EgyptAir plane showed no technical issues before takeoff - Al-Ahram
CAIRO, May 24 (Reuters) - The crashed EgyptAir jet showed no
technical issues before taking off from Charles de Gaulle
Airport in Paris according to an Aircraft Technical Log signed
by its pilot before takeoff, Egyptian state-owned newspaper
Al-Ahram said late on Tuesday.
Read more
technical issues before taking off from Charles de Gaulle
Airport in Paris according to an Aircraft Technical Log signed
by its pilot before takeoff, Egyptian state-owned newspaper
Al-Ahram said late on Tuesday.
Read more
SEC charges Pakistani man over bogus Integrated Device bid
May 24 (Reuters) - The U.S. Securities and Exchange
Commission on Tuesday said it has charged a Pakistani man who
illegally traded in Integrated Device Technology Inc
stock options in connection with a bogus takeover bid for the
chipmaker last month.
Read more
Commission on Tuesday said it has charged a Pakistani man who
illegally traded in Integrated Device Technology Inc
stock options in connection with a bogus takeover bid for the
chipmaker last month.
Read more
UPDATE 1-SEC charges Pakistani man over bogus Integrated Device bid
May 24 (Reuters) - A Pakistani man has been charged with
fraud by the U.S. Securities and Exchange Commission for
illegally trading Integrated Device Technology Inc
stock options after submitting a bogus takeover bid for the
chipmaker.
Read more
fraud by the U.S. Securities and Exchange Commission for
illegally trading Integrated Device Technology Inc
stock options after submitting a bogus takeover bid for the
chipmaker.
Read more
Michigan governor issues state of energy emergency before holiday
NEW YORK, May 24 (Reuters) - Michigan Governor Rick Snyder
issued a state of energy emergency on Tuesday because of ongoing
problems with a major product pipeline and an unexpected outage
at Marathon's Detroit refinery.
Read more
issued a state of energy emergency on Tuesday because of ongoing
problems with a major product pipeline and an unexpected outage
at Marathon's Detroit refinery.
Read more
UPDATE 1-Michigan governor issues state of energy emergency ahead of holiday weekend
NEW YORK, May 24 (Reuters) - Michigan Governor Rick Snyder
declared a state of energy emergency on Tuesday because of
ongoing problems with a major petroleum products pipeline
combined with an unexpected outage at Marathon Petroleum Corp's
Detroit refinery.
Read more
declared a state of energy emergency on Tuesday because of
ongoing problems with a major petroleum products pipeline
combined with an unexpected outage at Marathon Petroleum Corp's
Detroit refinery.
Read more
Irish airline takes delivery of Russia's first post-Soviet passenger jet
DUBLIN, May 24 (Reuters) - Ireland's CityJet on Tuesday
became the first western European airline to take delivery of
the Russian-designed passenger jet that Vladimir Putin hopes
will compete internationally with planes made by the likes of
Brazil's Embraer and Canada's Bombardier.
Read more
became the first western European airline to take delivery of
the Russian-designed passenger jet that Vladimir Putin hopes
will compete internationally with planes made by the likes of
Brazil's Embraer and Canada's Bombardier.
Read more
Energizer lawsuit over Duracell's pink bunny can keep going
May 24 (Reuters) - Duracell has failed in its effort to
dismiss a lawsuit claiming it violated Energizer Holdings Inc's
trademark rights by using a pink bunny on battery
packages that closely resembled the sunglass-clad, drum-beating
Energizer Bunny.
Read more
dismiss a lawsuit claiming it violated Energizer Holdings Inc's
trademark rights by using a pink bunny on battery
packages that closely resembled the sunglass-clad, drum-beating
Energizer Bunny.
Read more
UPDATE 4-Toll Brothers revenue jump shows demand robust for luxury homes
* Shares rise as much as 8.9 pct
(Adds details from conference call, analyst comment; updates
shares)
Read more
(Adds details from conference call, analyst comment; updates
shares)
Read more
China's Huawei sues Samsung Electronics claiming mobile patent infringement
HONG KONG, May 25 (Reuters) - Huawei Technologies Co Ltd
said on Wednesday it has filed lawsuits against Samsung
Electronics Co Ltd claiming infringement of
smartphone patents, in the first such case by the Chinese firm
against the world's biggest mobile maker.
Read more
said on Wednesday it has filed lawsuits against Samsung
Electronics Co Ltd claiming infringement of
smartphone patents, in the first such case by the Chinese firm
against the world's biggest mobile maker.
Read more
UPDATE 1-Shaken Austrian government pledges action on asylum after far-right surge
VIENNA, May 24 (Reuters) - Austria's centrist government,
shaken by a far-right, near-victory in an election for
president, pledged on Tuesday to take fresh action on the asylum
issue and to boost security in an effort to win back voters.
Read more
shaken by a far-right, near-victory in an election for
president, pledged on Tuesday to take fresh action on the asylum
issue and to boost security in an effort to win back voters.
Read more
Japan, Canada share "serious concerns" on South China Sea-PM Abe
TOKYO, May 24 (Reuters) - Japan and Canada share "serious
concerns" over reclamation and militarisation in the South
China Sea, Japanese Prime Minister Shinzo Abe said on Tuesday,
in an apparent reference to China's maritime activity.
Read more
concerns" over reclamation and militarisation in the South
China Sea, Japanese Prime Minister Shinzo Abe said on Tuesday,
in an apparent reference to China's maritime activity.
Read more
Greece to start key data handover of Egyptair crash Wednesday-source
ATHENS, May 24 (Reuters) - Greece will start dispatching key
data of the EgyptAir crash to Egyptian authorities on Wednesday,
including data of the airliner as it flew through Greek airspace
moments before disappearing, a source close to the probe said on
Tuesday.
Read more
data of the EgyptAir crash to Egyptian authorities on Wednesday,
including data of the airliner as it flew through Greek airspace
moments before disappearing, a source close to the probe said on
Tuesday.
Read more
Spain's Renfe to remove contract clause favouring domestic manufacturers
MADRID, May 24 (Reuters) - Spanish state-owned train
operator Renfe will remove a clause in a contract for
30 high speed trains which favours manufacturers operating in
Spain following a court ruling against the clause, the public
works ministry said on Tuesday.
Read more
operator Renfe will remove a clause in a contract for
30 high speed trains which favours manufacturers operating in
Spain following a court ruling against the clause, the public
works ministry said on Tuesday.
Read more
UPDATE 3-French police break up refinery blockade in anti-reform showdown
* Govt says one in five fuel stations nationwide affected
(Adds details on refinery output, transport minister comments)
Read more
(Adds details on refinery output, transport minister comments)
Read more
Remains retrieved from EgyptAir wreckage suggest blast on board -Egypt forensics official
CAIRO, May 24 (Reuters) - The human remains so far retrieved
from the wreckage of the crashed EgyptAir plane suggest that
there was an explosion aboard, an Egyptian forensics official
and investigation sources said on Tuesday.
Read more
from the wreckage of the crashed EgyptAir plane suggest that
there was an explosion aboard, an Egyptian forensics official
and investigation sources said on Tuesday.
Read more
UPDATE 1-EgyptAir remains point to blast, no explosives traces so far -forensics
CAIRO, May 24 (Reuters) - Human remains retrieved from the
crashed EgyptAir flight suggest that there was an explosion on
board the plane, although no traces of explosives have been
detected, an Egyptian forensics official and investigation
sources said on Tuesday.
Read more
crashed EgyptAir flight suggest that there was an explosion on
board the plane, although no traces of explosives have been
detected, an Egyptian forensics official and investigation
sources said on Tuesday.
Read more
Energy group CEFC to lease crude storage to ChemChina for strategic reserves
BEIJING, May 24 (Reuters) - CEFC China Energy, a group with
interests spanning oil, finance and travel, has agreed to lease
out tanks at its new facility in the southern island province of
Hainan to state-run ChemChina to help build the country's
strategic reserves.
Read more
interests spanning oil, finance and travel, has agreed to lease
out tanks at its new facility in the southern island province of
Hainan to state-run ChemChina to help build the country's
strategic reserves.
Read more
Temasek sees no sharp rebound in global startup valuations
SINGAPORE, May 24 (Reuters) - Funding for global tech
startups should return, even if valuations don't rebound to
their 2015 levels as investors press for less inflated values, a
senior executive at Singapore state investor Temasek
said.
Read more
startups should return, even if valuations don't rebound to
their 2015 levels as investors press for less inflated values, a
senior executive at Singapore state investor Temasek
said.
Read more
Hong Kong shares close up
HONG KONG, May 24 (Reuters) - Hong Kong shares finished up
on Tuesday despite a fall in mainland indexes.
Read more
on Tuesday despite a fall in mainland indexes.
Read more
UPDATE 1-French police break up refinery blockade amid anti-reform showdown
MARSEILLE, France, May 24 (Reuters) - French police using
water cannon and tear gas broke up a picket by striking workers
who were blocking access the Fos-sur-Mer refinery in the
southern port area of Marseille, an official of the CGT union
said on Tuesday.
Read more
water cannon and tear gas broke up a picket by striking workers
who were blocking access the Fos-sur-Mer refinery in the
southern port area of Marseille, an official of the CGT union
said on Tuesday.
Read more
China stocks close lower, resources firms hit by weak commodities
SHANGHAI, May 24 (Reuters) - China stocks closed lower on
Tuesday as resources firms were hit by slumping commodity prices
amid worries over China's economic health.
Read more
Tuesday as resources firms were hit by slumping commodity prices
amid worries over China's economic health.
Read more
Monday, May 23, 2016
UPDATE 1-Strongest El Nino in nearly 20 years ends - Australian weather bureau
SYDNEY, May 24 (Reuters) - The strongest El Nino in nearly
20 years, which damaged crop production in Asia and caused food
shortages, has ended, the Australian Bureau of Meteorology (BOM)
said on Tuesday.
Read more
20 years, which damaged crop production in Asia and caused food
shortages, has ended, the Australian Bureau of Meteorology (BOM)
said on Tuesday.
Read more
French police clear refinery blockade with water cannon, tear gas -union
MARSEILLE, France, May 24 (Reuters) - French police on
Tuesday cleared away striking workers blockading the Fos-sur-Mer
refinery in Marseille using water cannon and tear gas, an
official of the CGT union said.
Read more
Tuesday cleared away striking workers blockading the Fos-sur-Mer
refinery in Marseille using water cannon and tear gas, an
official of the CGT union said.
Read more
Indonesia eases foreign ownership rules for retail, port sectors
JAKARTA, May 24 (Reuters) - Indonesia has eased foreign
ownership rules in the retail sector and port services as part
of efforts to liberalise its economy, Southeast Asia's largest.
Read more
ownership rules in the retail sector and port services as part
of efforts to liberalise its economy, Southeast Asia's largest.
Read more
RPT-Indonesia eases foreign ownership rules for retail, port sectors
JAKARTA, May 24 (Reuters) - Indonesia has eased foreign
ownership rules in the retail sector and port services as part
of efforts to liberalise its economy, Southeast Asia's largest.
Read more
ownership rules in the retail sector and port services as part
of efforts to liberalise its economy, Southeast Asia's largest.
Read more
UPDATE 1-Head of security for U.S. TSA removed from post
WASHINGTON, May 23 (Reuters) - The head of security for the
U.S. Transportation Security Administration has been removed
from his position, according to an internal TSA memo on Monday
seen by Reuters, after the agency was criticized for long lines
at airport security checkpoints.
Read more
U.S. Transportation Security Administration has been removed
from his position, according to an internal TSA memo on Monday
seen by Reuters, after the agency was criticized for long lines
at airport security checkpoints.
Read more
Indonesia president signs revised negative investment list
JAKARTA, May 24 (Reuters) - A new presidential regulation on
sectors closed or partially closed to foreign investment in
Indonesia, or locally known as the negative investment list, has
been signed, Azhar Lubis, an official with the country's
investment board said on Tuesday.
Read more
sectors closed or partially closed to foreign investment in
Indonesia, or locally known as the negative investment list, has
been signed, Azhar Lubis, an official with the country's
investment board said on Tuesday.
Read more
UPDATE 1-Embraer's new E-Jet makes first flight underweight, ahead of time
SAO PAULO, May 23 (Reuters) - The first re-engined aircraft
in Brazilian planemaker Embraer SA's narrowbody E-Jet
family took its first flight on Monday, months ahead of schedule
and below the expected weight.
Read more
in Brazilian planemaker Embraer SA's narrowbody E-Jet
family took its first flight on Monday, months ahead of schedule
and below the expected weight.
Read more
France's Macron says divisive labour reforms should be tougher
PARIS, May 23 (Reuters) - French labour reforms that have
sparked strikes and divided the Socialists' governing majority
need to go further, according to Emmanuel Macron, the economy
minister widely seen as a potential contender in next year's
presidential election.
Read more
sparked strikes and divided the Socialists' governing majority
need to go further, according to Emmanuel Macron, the economy
minister widely seen as a potential contender in next year's
presidential election.
Read more
CORRECTED-Head of security for U.S. TSA removed from post -House panel
WASHINGTON, May 23 (Reuters) - The head of security for the
U.S. Transportation Security Administration has been removed
from his position, the U.S. House of Representatives Oversight
Committee said on Monday on Twitter.
Read more
U.S. Transportation Security Administration has been removed
from his position, the U.S. House of Representatives Oversight
Committee said on Monday on Twitter.
Read more
Egypt will analyse EgyptAir jet's black box if found intact-official
The contents of the black box from the EgyptAir jet that crashed
on Thursday will be analysed in Egypt if it is found intact, air
accident investigator Hani Galal told Egyptian private
broadcaster CBC on Monday.
Read more
on Thursday will be analysed in Egypt if it is found intact, air
accident investigator Hani Galal told Egyptian private
broadcaster CBC on Monday.
Read more
Russia calls for "regime of calm" in Syria's Eastern Ghouta and Daraya
MOSCOW, May 23 (Reuters) - Russian defence ministry said on
Monday it has called for a "regime of calm" in Syria's Eastern
Ghouta region and the town of Daraya for 72 hours, starting on
Tuesday.
Read more
Monday it has called for a "regime of calm" in Syria's Eastern
Ghouta region and the town of Daraya for 72 hours, starting on
Tuesday.
Read more
UPDATE 1-Egypt prosecutor seeks data on crashed plane from France, Greece
CAIRO, May 23 (Reuters) - Egypt's Public Prosecutor has
asked his French counterpart to hand over data on the crashed
EgyptAir plane during its stay at Charles de Gaulle airport and
until it left French airspace, his office said in a statement on
Monday.
Read more
asked his French counterpart to hand over data on the crashed
EgyptAir plane during its stay at Charles de Gaulle airport and
until it left French airspace, his office said in a statement on
Monday.
Read more
MIDEAST STOCKS-Saudi slumps over 3 pct, other bourses mixed
DUBAI, May 23 (Reuters) - Saudi Arabia's stock index
sank 3.1 percent on Monday as investors sold shares
indiscriminately, while the United Arab Emirates and Qatar held
onto small gains. Egypt fell as foreign funds exited the market.
Read more
sank 3.1 percent on Monday as investors sold shares
indiscriminately, while the United Arab Emirates and Qatar held
onto small gains. Egypt fell as foreign funds exited the market.
Read more
Russia's Lavrov, U.S.' Kerry discuss joint Syria operations -Russian ministry
MOSCOW, May 23 (Reuters) - Russian Foreign Minister Sergei
Lavrov and U.S. Secretary of State John Kerry discussed by phone
Moscow's proposals for joint operations against militants who do
not observe a ceasefire in Syria, the ministry said on Monday.
Read more
Lavrov and U.S. Secretary of State John Kerry discussed by phone
Moscow's proposals for joint operations against militants who do
not observe a ceasefire in Syria, the ministry said on Monday.
Read more
UPDATE 1-Turkish Airlines plane in Istanbul evacuated after bomb hoax -spokesman
ISTANBUL, May 23 (Reuters) - A Turkish Airlines
aircraft at Istanbul's main airport was evacuated and searched
after a note threatening a bomb attack was found on board on
Monday, an airline spokesman said, although it later turned out
to be a hoax.
Read more
aircraft at Istanbul's main airport was evacuated and searched
after a note threatening a bomb attack was found on board on
Monday, an airline spokesman said, although it later turned out
to be a hoax.
Read more
Union calls open-ended Paris subway strike as Euro 2016 looms
PARIS, May 23 (Reuters) - The leading labour union at the
Paris subway company on Monday announced an open-ended strike
that would start a week before the Euro 2016 soccer tournament
opens in France.
Read more
Paris subway company on Monday announced an open-ended strike
that would start a week before the Euro 2016 soccer tournament
opens in France.
Read more
Turkish Airlines plane in Istanbul searched after bomb threat -spokesman
ISTANBUL, May 23 (Reuters) - A Turkish Airlines
aircraft at Istanbul's Ataturk Airport was being searched after
a note threatening a bomb attack was found on board on Monday,
an airline spokesman said.
Read more
aircraft at Istanbul's Ataturk Airport was being searched after
a note threatening a bomb attack was found on board on Monday,
an airline spokesman said.
Read more
Chinese investors to build industrial park at Oman's Duqm port
MUSCAT, May 23 (Reuters) - A group of Chinese investors have
signed an agreement to build an industrial park at Oman's
southern port of Duqm in a project that could attract billions
of dollars of investment, government and company officials said
on Monday.
Read more
signed an agreement to build an industrial park at Oman's
southern port of Duqm in a project that could attract billions
of dollars of investment, government and company officials said
on Monday.
Read more
Nissan likely to send former tech chief to lead reform at Mitsubishi -sources
TOKYO May 23 (Reuters) - Nissan Motor Co, which
plans to spend $2.2 billion on a one-third controlling stake in
Mitsubishi Motors Corp, aims to place its former global
tech chief in charge of reform at its smaller rival, which is
mired in a fuel economy data scandal.
Read more
plans to spend $2.2 billion on a one-third controlling stake in
Mitsubishi Motors Corp, aims to place its former global
tech chief in charge of reform at its smaller rival, which is
mired in a fuel economy data scandal.
Read more
Britain's FTSE edges lower as commodities stocks slip
LONDON, May 23 (Reuters) - Britain's top share index edged
lower on Monday, with a drop in the prices of crude oil and
industrial metals putting pressure on commodities-related
stocks.
Read more
lower on Monday, with a drop in the prices of crude oil and
industrial metals putting pressure on commodities-related
stocks.
Read more
After long dispute, London metro to run all night at weekends
LONDON, May 23 (Reuters) - Trains will run all night at the
weekend from August 19 on two lines of the London Underground
metro network in what new Mayor Sadiq Khan said on Monday would
be a boost to the British capital's night-time economy.
Read more
weekend from August 19 on two lines of the London Underground
metro network in what new Mayor Sadiq Khan said on Monday would
be a boost to the British capital's night-time economy.
Read more
Kremlin worried by Syria blasts, urges to continue Syria peace talks
MOSCOW, May 23 (Reuters) - The Kremlin said on Monday it was
concerned by the bomb blasts that killed scores of people in the
Syrian coastal cities of Jableh and Tartous on Monday, saying
that rising tension in the country underscored the need to
continue Syria peace talks.
(Reporting by Dmitry Solovyov; editing by Polina Devitt)
Read more
concerned by the bomb blasts that killed scores of people in the
Syrian coastal cities of Jableh and Tartous on Monday, saying
that rising tension in the country underscored the need to
continue Syria peace talks.
(Reporting by Dmitry Solovyov; editing by Polina Devitt)
Read more
UPDATE 4-U.S. lifts arms ban on old foe Vietnam as regional tensions simmer
HANOI, May 23 (Reuters) - The United States announced an end
to its embargo on sales of lethal arms to Vietnam on Monday, an
historic step that draws a line under the two countries' old
enmity and underscores their shared concerns about Beijing's
growing military clout.
Read more
to its embargo on sales of lethal arms to Vietnam on Monday, an
historic step that draws a line under the two countries' old
enmity and underscores their shared concerns about Beijing's
growing military clout.
Read more
Lockerbie lawyer seeks $330 mln from Putin, Russia for MH17 disaster
SYDNEY, May 23 (Reuters) - The U.S. aviation lawyer who won
compensation for victims of the 1988 Lockerbie aircraft bombing
and is now seeking $330 million from Russia for the downing of
Malaysian Airlines MH17 in 2014, says Russian President Vladimir
Putin must be held responsible.
Read more
compensation for victims of the 1988 Lockerbie aircraft bombing
and is now seeking $330 million from Russia for the downing of
Malaysian Airlines MH17 in 2014, says Russian President Vladimir
Putin must be held responsible.
Read more
Islamic State claims suicide bombing in Yemen's Aden
ADEN, May 23 (Reuters) - Islamic State claimed a suicide car
bombing that medics said had killed at least 40 army recruits
and injured 60 others in the Yemeni city of Aden on Monday.
Read more
bombing that medics said had killed at least 40 army recruits
and injured 60 others in the Yemeni city of Aden on Monday.
Read more
Hong Kong's main share index ends slightly lower amid investor caution
May 23 (Reuters) - Hong Kong shares gave up initial gains
and ended Monday flat, reflecting continued investor caution
amid worries about China's economy and a possible U.S. interest
rate hike next month.
Read more
and ended Monday flat, reflecting continued investor caution
amid worries about China's economy and a possible U.S. interest
rate hike next month.
Read more
UPDATE 3-Suicide car bomb kills at least 40 army recruits in Yemen's Aden
ADEN, May 23 (Reuters) - A suicide car bomb killed at least
40 army recruits and injured 60 others in the Yemeni city of
Aden on Monday, medics said, in one of the deadliest militant
attacks yet on the beleaguered government.
Read more
40 army recruits and injured 60 others in the Yemeni city of
Aden on Monday, medics said, in one of the deadliest militant
attacks yet on the beleaguered government.
Read more
China stocks end up but bearish trend seen persisting
SHANGHAI, May 23 (Reuters) - China stocks edged up on
Monday, but trading remained light, with the market's bearish
trend seen persisting as the government holds off on further
policy stimulus.
Read more
Monday, but trading remained light, with the market's bearish
trend seen persisting as the government holds off on further
policy stimulus.
Read more
Sunday, May 22, 2016
UPDATE 1-Toshiba to more than halve its capital base to about $1.8 bln
* Move will plug deficit in its earnings reserves
(Adds earnings corrections for the previous business year)
Read more
(Adds earnings corrections for the previous business year)
Read more
Uber deal shows divide in labor's drive for role in "gig economy"
May 23 (Reuters) - The International Association of
Machinists and Aerospace Workers trumpeted an agreement reached
earlier this month to represent New York Uber drivers, saying it
"gives organized labor an opportunity to shape the new economy
in a way that supports and values workers and their families."
Read more
Machinists and Aerospace Workers trumpeted an agreement reached
earlier this month to represent New York Uber drivers, saying it
"gives organized labor an opportunity to shape the new economy
in a way that supports and values workers and their families."
Read more
Ryanair to cut fares by 7 pct on average this fiscal year as competition grows
DUBLIN, May 23 (Reuters) - Budget carrier Ryanair Holdings
PLC said on Monday it plans to cut fares by 7 percent on
average this fiscal year to bolster its market share as
intensifying competition hits Europe's airline business.
Read more
PLC said on Monday it plans to cut fares by 7 percent on
average this fiscal year to bolster its market share as
intensifying competition hits Europe's airline business.
Read more
CORRECTED-To halt smartphone slide, Samsung rewrites playbook
SEOUL, May 23 (Reuters) - From the way it chooses
smartphone components to the models it brings to market, Samsung
Electronics has undergone a painful process of
breaking from its past to reverse a slide in its handset
business.
Read more
smartphone components to the models it brings to market, Samsung
Electronics has undergone a painful process of
breaking from its past to reverse a slide in its handset
business.
Read more
Australia & NZ shares ease, weakness in iron ore hits miners
SYDNEY/WELLINGTON, May 23 (Reuters) - Australian shares fell
to their lowest in nearly two weeks on Monday as weakness in
iron ore prices weighed on the major miners, while a soggy
performance by the big banks all but ensured a negative start to
the week.
Read more
to their lowest in nearly two weeks on Monday as weakness in
iron ore prices weighed on the major miners, while a soggy
performance by the big banks all but ensured a negative start to
the week.
Read more
UK advisers struggling with Chinese stock listings - survey
LONDON, May 23 (Reuters) - Almost two-thirds of the advisory
firms who assist in stock exchange listings in London say they
are struggling to guide Chinese firms through the process, a
survey showed, in the latest sign of problems with such initial
public offerings.
Read more
firms who assist in stock exchange listings in London say they
are struggling to guide Chinese firms through the process, a
survey showed, in the latest sign of problems with such initial
public offerings.
Read more
To halt smartphone slide, Samsung rewrites playbook
SEOUL, May 23 (Reuters) - From the way it chooses
smartphone components to the models it brings to market, Samsung
Electronics has undergone a painful process of
breaking from its past to reverse a slide in its handset
business.
Read more
smartphone components to the models it brings to market, Samsung
Electronics has undergone a painful process of
breaking from its past to reverse a slide in its handset
business.
Read more
China's drugs watchdog struggles as senior staff lured away by industry
SHANGHAI, May 23 (Reuters) - Promises of higher salaries and
greater freedom at work are luring officials from China's
high-profile drugs watchdog to the companies they had regulated,
a blow just as the country looks to tighten oversight and drive
innovation.
Read more
greater freedom at work are luring officials from China's
high-profile drugs watchdog to the companies they had regulated,
a blow just as the country looks to tighten oversight and drive
innovation.
Read more
UPDATE 1-France has reserves to cope with oil refinery blockades, PM says
PARIS, May 22 (Reuters) - Prime Minister Manuel Valls said
on Sunday France had enough fuel reserves to tackle shortages at
hundreds of gas stations caused by workers blocking oil
refineries and depots in protest against reforms to labour laws.
Read more
on Sunday France had enough fuel reserves to tackle shortages at
hundreds of gas stations caused by workers blocking oil
refineries and depots in protest against reforms to labour laws.
Read more
Austria sends more police to patrol Brenner border area
VIENNA, May 22 (Reuters) - Austria is sending 80 more police
and support staff to boost patrols around the Alpine Brenner
pass and catch rising numbers of unregistered migrants coming in
from Italy, Interior Minister Wolfgang Sobotka said on Sunday.
Read more
and support staff to boost patrols around the Alpine Brenner
pass and catch rising numbers of unregistered migrants coming in
from Italy, Interior Minister Wolfgang Sobotka said on Sunday.
Read more
French gas stations hit by blockades, PM says reserves enough to cope
PARIS, May 22 (Reuters) - Prime Minister Manuel Valls said
on Sunday France had enough fuel reserves to tackle shortages at
hundreds of gas stations caused by workers blocking oil
refineries and depots in protest at an unpopular labour reform.
Read more
on Sunday France had enough fuel reserves to tackle shortages at
hundreds of gas stations caused by workers blocking oil
refineries and depots in protest at an unpopular labour reform.
Read more
MIDEAST STOCKS-Gulf markets fall as investors take profits; Egypt sags
DUBAI, May 22 (Reuters) - Stock markets in the Gulf fell on
Sunday as investors took profits, taking their cue from a dip in
Brent oil futures at the end of last week, while
concerns over security risks put pressure on Egyptian shares.
Read more
Sunday as investors took profits, taking their cue from a dip in
Brent oil futures at the end of last week, while
concerns over security risks put pressure on Egyptian shares.
Read more
Families of EgyptAir victims struggle to accept loss
CAIRO, May 22 (Reuters) - Amal sits in the lobby of a hotel
staring out at Cairo airport. Face tight with exhaustion, eyes
puffy.
Read more
staring out at Cairo airport. Face tight with exhaustion, eyes
puffy.
Read more
UPDATE 2-Egypt sends submarine to hunt for crashed EgyptAir jet
CAIRO, May 22 (Reuters) - Egypt deployed a submarine on
Sunday to hunt for the EgyptAir plane that crashed in deep
Mediterranean waters, President Abdel-Fattah al-Sisi said,
warning investigations into the disaster would take time.
Read more
Sunday to hunt for the EgyptAir plane that crashed in deep
Mediterranean waters, President Abdel-Fattah al-Sisi said,
warning investigations into the disaster would take time.
Read more
China policy bank to lend around $458 bln for poverty reduction
BEIJING, May 22 (Reuters) - Agricultural Development Bank of
China, one of the country's main policy lenders,
plans to lend 3 trillion yuan ($458.12 billion) up to 2020 as
part of government efforts to reduce poverty, state media
reported.
Read more
China, one of the country's main policy lenders,
plans to lend 3 trillion yuan ($458.12 billion) up to 2020 as
part of government efforts to reduce poverty, state media
reported.
Read more
REFILE-Egypt's Sisi says all scenarios possible in EgyptAir crash
CAIRO, May 22 (Reuters) - Egyptian President Abdel Fattah
al-Sisi urged the media on Sunday not to speculate about the
cause of an EgyptAir plane crash which killed all 66 people on
board, and said all scenarios are still being considered.
Read more
al-Sisi urged the media on Sunday not to speculate about the
cause of an EgyptAir plane crash which killed all 66 people on
board, and said all scenarios are still being considered.
Read more
Saturday, May 21, 2016
UPDATE 1-Australian firm names Russia, Putin in MH17 compensation claim -report
MELBOURNE, May 21 (Reuters) - An Australian law firm has
filed a compensation claim against Russia and President Vladimir
Putin in the European Court of Human Rights on behalf of
families of victims of Malaysian Airlines Flight MH17, shot down
in 2014, media reported.
Read more
filed a compensation claim against Russia and President Vladimir
Putin in the European Court of Human Rights on behalf of
families of victims of Malaysian Airlines Flight MH17, shot down
in 2014, media reported.
Read more
Solar plane lands in Dayton, Ohio on latest leg of round-the-world flight
May 21 (Reuters) - An experimental airplane powered solely
by energy from the sun landed in Ohio on Saturday night on the
latest leg of its historic bid by pilots and developers to fly
around the globe without a drop of fuel.
Read more
by energy from the sun landed in Ohio on Saturday night on the
latest leg of its historic bid by pilots and developers to fly
around the globe without a drop of fuel.
Read more
WRAPUP 2-Afghan Taliban leader in Pakistan likely killed in US drone strike
WASHINGTON, May 21 (Reuters) - The United States conducted a
drone strike on Saturday against the leader of Afghan Taliban,
likely killing him on the Pakistan side of the remote border
region with Afghanistan in a mission authorized by U.S.
President Barack Obama, officials said.
Read more
drone strike on Saturday against the leader of Afghan Taliban,
likely killing him on the Pakistan side of the remote border
region with Afghanistan in a mission authorized by U.S.
President Barack Obama, officials said.
Read more
WRAPUP 3-Afghan Taliban leader likely killed in US drone strike in Pakistan
WASHINGTON, May 21 (Reuters) - The United States conducted a
drone strike on Saturday against the leader of Afghan Taliban,
likely killing him on the Pakistan side of the remote border
region with Afghanistan in a mission authorized by U.S.
President Barack Obama, officials said.
Read more
drone strike on Saturday against the leader of Afghan Taliban,
likely killing him on the Pakistan side of the remote border
region with Afghanistan in a mission authorized by U.S.
President Barack Obama, officials said.
Read more
WRAPUP 5-EgyptAir jet sent smoke-alarm warnings before crash
* French FM says no cause has been ruled out
(Adds Egyptians saying results will take a month)
Read more
(Adds Egyptians saying results will take a month)
Read more
UPDATE 1-DJ Calvin Harris suffers minor injuries in Los Angeles crash
LOS ANGELES, May 21 (Reuters) - Scottish musician Calvin
Harris, one of the world's top earning DJs, sustained minor
injuries in a car crash in Los Angeles and was taken by
ambulance to a hospital, police said on Saturday.
Read more
Harris, one of the world's top earning DJs, sustained minor
injuries in a car crash in Los Angeles and was taken by
ambulance to a hospital, police said on Saturday.
Read more
EgyptAir crash preliminary report will take one month - newspaper
CAIRO, May 21 (Reuters) - A preliminary report into
Thursday's EgyptAir crash will be presented in one month, the
head of the Egyptian investigation team was quoted as saying by
Egypt's state-owned Al-Ahram newspaper.
Read more
Thursday's EgyptAir crash will be presented in one month, the
head of the Egyptian investigation team was quoted as saying by
Egypt's state-owned Al-Ahram newspaper.
Read more
Egyptian investigators say too soon for conclusions on EgyptAir crash
CAIRO, May 21 (Reuters) - Egyptian investigators looking
into the crash of an EgyptAir jet in the Mediterranean said on
Saturday they were analysing data including signals sent from
the aircraft, but it was too soon to reach any conclusions.
Read more
into the crash of an EgyptAir jet in the Mediterranean said on
Saturday they were analysing data including signals sent from
the aircraft, but it was too soon to reach any conclusions.
Read more
REFILE-WRAPUP 3-EgyptAir jet sent smoke-alarm warnings before crash
PARIS/CAIRO, May 21 (Reuters) - The EgyptAir jet which
crashed in the Mediterranean on Thursday sent a series of
warnings indicating that smoke had been detected on board,
shortly before it disappeared off radar screens, French
investigators said on Saturday.
Read more
crashed in the Mediterranean on Thursday sent a series of
warnings indicating that smoke had been detected on board,
shortly before it disappeared off radar screens, French
investigators said on Saturday.
Read more
UPDATE 1-Strikes bring shortages in hundreds of French petrol stations
PARIS, May 21 (Reuters) - Hundreds of petrol stations faced
shortages in France on Saturday as protests over a labour law
reform led to a fall in refinery output and blockades that
hampered fuel supply and prompted consumer panic.
Read more
shortages in France on Saturday as protests over a labour law
reform led to a fall in refinery output and blockades that
hampered fuel supply and prompted consumer panic.
Read more
WRAPUP 2-EgyptAir jet sent smoke-alarm warnings before crash
PARIS/CAIRO, May 21 (Reuters) - The EgyptAir jet which
crashed in the Mediterranean on Thursday sent a series of
warnings indicating that smoke had been detected on board,
shortly before it disappeared off radar screens, French
investigators said on Saturday.
Read more
crashed in the Mediterranean on Thursday sent a series of
warnings indicating that smoke had been detected on board,
shortly before it disappeared off radar screens, French
investigators said on Saturday.
Read more
Spanish court says Renfe must restart high-speed train auction -report
MADRID, May 21 (Reuters) - Spanish state-owned train
operator Renfe will have to restart an auction for a
contract to supply up to 30 high speed trains, El Pais reported
on Saturday, after a court ruled against a clause favouring
trains made in Spain.
Read more
operator Renfe will have to restart an auction for a
contract to supply up to 30 high speed trains, El Pais reported
on Saturday, after a court ruled against a clause favouring
trains made in Spain.
Read more
French investigators say smoke reported on EgyptAir jet before crash
PARIS, May 21 (Reuters) - An EgyptAir jet sent a series of
signals indicating that smoke had been detected on board before
it crashed into the Mediterranean on Thursday, France's air
accident investigation agency said on Saturday.
Read more
signals indicating that smoke had been detected on board before
it crashed into the Mediterranean on Thursday, France's air
accident investigation agency said on Saturday.
Read more
UPDATE 1-France's BEA confirms EgyptAir jet signalled smoke on board before crash
PARIS, May 21 (Reuters) - An EgyptAir jet sent a burst of
error messages indicating that smoke had been detected on board
before crashing into the Mediterranean on Thursday, France's BEA
air accident investigation agency said on Saturday, confirming
media reports.
Read more
error messages indicating that smoke had been detected on board
before crashing into the Mediterranean on Thursday, France's BEA
air accident investigation agency said on Saturday, confirming
media reports.
Read more
Five killed as cyclone Roanu starts to batter Bangladesh
DHAKA, May 21 (Reuters) - A cyclone battered the coast of
Bangladesh on Saturday killing at least five people after
lashing India's east coast with heavy rain and wind.
Read more
Bangladesh on Saturday killing at least five people after
lashing India's east coast with heavy rain and wind.
Read more
Australian firm names Russia, Putin in MH17 compensation claim - report
MELBOURNE, May 21 (Reuters) - An Australian law firm has
filed a compensation claim against Russia and President Vladimir
Putin in the European Court of Human Rights on behalf of
families of victims of Malaysian Airlines Flight MH17, shot down
in 2014, media reported.
Read more
filed a compensation claim against Russia and President Vladimir
Putin in the European Court of Human Rights on behalf of
families of victims of Malaysian Airlines Flight MH17, shot down
in 2014, media reported.
Read more
France's BEA confirms EgyptAir jet signalled smoke on board before crash
PARIS, May 21 (Reuters) - An EgyptAir jet sent a series of
error messages indicating that smoke had been detected on board
before crashing into the Mediterranean on Thursday, France's BEA
air accident investigation agency said on Saturday, confirming
media reports.
Read more
error messages indicating that smoke had been detected on board
before crashing into the Mediterranean on Thursday, France's BEA
air accident investigation agency said on Saturday, confirming
media reports.
Read more
Friday, May 20, 2016
North Korean nuclear envoy who negotiated '94 deal dies - state media
SEOUL, May 21 (Reuters) - The architect of North Korea's
nuclear diplomacy who negotiated a 1994 accord with the United
States that halted a U.S. plan for a military strike on the
isolated state's nuclear facilities, has died, North Korea said
on Saturday.
Read more
nuclear diplomacy who negotiated a 1994 accord with the United
States that halted a U.S. plan for a military strike on the
isolated state's nuclear facilities, has died, North Korea said
on Saturday.
Read more
Canada's aboriginals tell Trudeau they can block pipelines
VANCOUVER, May 20 (Reuters) - Canadian aboriginal groups and
their allies said on Friday they have the power to block
proposed oil pipelines on land where they have proven title,
dismissing comments by Prime Minister Justin Trudeau who said no
community has a veto.
Read more
their allies said on Friday they have the power to block
proposed oil pipelines on land where they have proven title,
dismissing comments by Prime Minister Justin Trudeau who said no
community has a veto.
Read more
Flight data showed smoke alerts on EgyptAir plane before crash -CNN
WASHINGTON, May 20 (Reuters) - Flight data suggested there
were smoke alerts aboard EgyptAir Flight 804 minutes before it
crashed in the Mediterranean Sea early on Thursday, CNN reported
on Friday.
Read more
were smoke alerts aboard EgyptAir Flight 804 minutes before it
crashed in the Mediterranean Sea early on Thursday, CNN reported
on Friday.
Read more
UPDATE 3-India's Modi to meet Obama, address U.S. Congress next month
WASHINGTON, May 20 (Reuters) - U.S. President Barack Obama
will meet with Indian Prime Minister Narendra Modi in Washington
next month to discuss security and other issues and the Indian
leader will be granted the rare honor of addressing both houses
of Congress.
Read more
will meet with Indian Prime Minister Narendra Modi in Washington
next month to discuss security and other issues and the Indian
leader will be granted the rare honor of addressing both houses
of Congress.
Read more
Protesters storm Baghdad's Green Zone, dozens hurt
BAGHDAD (Reuters) - Iraqi security forces opened fire on protesters who stormed into Baghdad's heavily-fortified Green Zone on Friday and entered the cabinet building, drawing calls for revolt from a powerful Shi'ite Muslim cleric.
Read more
Read more
Egypt finds human remains and belongings from plane crash at sea
CAIRO (Reuters) - Egypt said on Friday that its navy had found human remains, wreckage and the personal belongings of passengers floating in the Mediterranean, confirmation that an EgyptAir jet had plunged into the sea with 66 people on board.
Read more
Read more
UPDATE 1-Eurotunnel to build France-UK power link via Channel Tunnel
* 1000 MW HVDC line to run through channel tunnel
(Adds financial detail, other interconnector plans)
Read more
(Adds financial detail, other interconnector plans)
Read more
FACTBOX-How do bank payments work in the euro zone?
FRANKFURT, May 20 (Reuters) - Cyber attacks on banks from
Bangladesh to Ecuador are raising questions about the security
of the global payment system and one of its key components, the
SWIFT messaging network.
Read more
Bangladesh to Ecuador are raising questions about the security
of the global payment system and one of its key components, the
SWIFT messaging network.
Read more
Eurotunnel buys out Channel Tunnel power link developer
PARIS, May 20 (Reuters) - Channel Tunnel operator Eurotunnel
said on Friday it had agreed to buy Star Capital's 51 percent
stake in their joint venture ElecLink, which is developing an
electricity transmission line between Britain and France via the
undersea tunnel.
Read more
said on Friday it had agreed to buy Star Capital's 51 percent
stake in their joint venture ElecLink, which is developing an
electricity transmission line between Britain and France via the
undersea tunnel.
Read more
U.S. says no agreement on joint air strikes with Russia in Syria
WASHINGTON, May 20 (Reuters) - There is no agreement between
the United States and Russia to conduct joint air strikes in
Syria, the U.S. State Department said on Friday, adding that it
looked to Russia to stop truce violations by the Syrian
government.
Read more
the United States and Russia to conduct joint air strikes in
Syria, the U.S. State Department said on Friday, adding that it
looked to Russia to stop truce violations by the Syrian
government.
Read more
EgyptAir chairman says search radius for crashed plane is 40 miles
CAIRO, May 20 (Reuters) - EgyptAir Chairman Safwat Moslem
told Egyptian state television on Friday that the radius of the
current search area for the crashed plane was 40 miles (64 km)
but would be expanded as necessary.
(Reporting by Ahmed Aboulenein, Editing by Lin Noueihed)
Read more
told Egyptian state television on Friday that the radius of the
current search area for the crashed plane was 40 miles (64 km)
but would be expanded as necessary.
(Reporting by Ahmed Aboulenein, Editing by Lin Noueihed)
Read more
Boeing opens factory to make wings for new 777X jetliner
NEW YORK, May 20 (Reuters) - Boeing Co opened a $1
billion factory in Washington state on Friday that will make
carbon-composite wings for its newest jetliner, the 777X, a key
step toward delivering the first aircraft by 2020.
Read more
billion factory in Washington state on Friday that will make
carbon-composite wings for its newest jetliner, the 777X, a key
step toward delivering the first aircraft by 2020.
Read more
UPDATE 1-Russia proposes joint Syria airstrikes with U.S.-led coalition from May 25
MOSCOW, May 20 (Reuters) - Russia has proposed to the
U.S.-led coalition that they stage joint airstrikes on Syrian
rebels including Nusra Front who are not observing the
ceasefire, starting on May 25, Russian Defence Minister Sergei
Shoigu said on Friday.
Read more
U.S.-led coalition that they stage joint airstrikes on Syrian
rebels including Nusra Front who are not observing the
ceasefire, starting on May 25, Russian Defence Minister Sergei
Shoigu said on Friday.
Read more
Minister urges restive rail workers to spare France soccer cup chaos
PARIS, May 20 (Reuters) - The French government urged railway workers on Friday to spare millions of commuters, soccer fans and tourists the misery of more train strikes when the country hosts the Euro 2016 soccer tournament next month.
Read more
Read more
Satellite spots oil slick that could be from EgyptAir plane - ESA
BERLIN, May 20 (Reuters) - A European satellite spotted a
potential oil slick in the area of the eastern Mediterranean Sea
where an EgyptAir jet disappeared with 66 people on board, the
European Space Agency (ESA) said on Friday.
Read more
potential oil slick in the area of the eastern Mediterranean Sea
where an EgyptAir jet disappeared with 66 people on board, the
European Space Agency (ESA) said on Friday.
Read more
Britain's Liverpool airport evacuated over customer issue - police
LONDON, May 20 (Reuters) - Liverpool John Lennon Airport in
northwest England was partially evacuated on Friday over a
customer service issue, the local Merseyside Police said.
(Reporting by Michael Holden, writing by Estelle Shirbon;
editing by Guy Faulconbridge)
Read more
northwest England was partially evacuated on Friday over a
customer service issue, the local Merseyside Police said.
(Reporting by Michael Holden, writing by Estelle Shirbon;
editing by Guy Faulconbridge)
Read more
Babcock-Lockheed JV awards Airbus 500 mln stg UK contract
May 20 (Reuters) - Airbus Group SE said its UK
helicopters unit got a 500 million pound ($728 million) contract
from Ascent Flight Training Ltd to provide aircraft and support
to the UK's Military Flying Training System.
Read more
helicopters unit got a 500 million pound ($728 million) contract
from Ascent Flight Training Ltd to provide aircraft and support
to the UK's Military Flying Training System.
Read more
Deere post lower second quarterly results on weak global farm economy
May 20 (Reuters) - Deere & Co posted lower quarterly
earnings on Friday as the weak global agricultural economy
dragged on farming and construction machinery sales.
Read more
earnings on Friday as the weak global agricultural economy
dragged on farming and construction machinery sales.
Read more
UPDATE 1-Deere posts lower quarterly results, cuts profit outlook
May 20 (Reuters) - Deere & Co cut its profit outlook
and reported a decline in quarterly earnings on Friday as a
global farm recession and weak construction equipment markets
led to lower sales of the company's machinery.
Read more
and reported a decline in quarterly earnings on Friday as a
global farm recession and weak construction equipment markets
led to lower sales of the company's machinery.
Read more
Swedish authorities hold crisis talks after suspected telecoms sabotage
STOCKHOLM, May 20 (Reuters) - Sweden's civil emergency
agency held a crisis meeting on Friday to discuss a number of
cases of suspected sabotage involving telecommunications masts
and a computer outage that grounded air traffic across much of
the country.
Read more
agency held a crisis meeting on Friday to discuss a number of
cases of suspected sabotage involving telecommunications masts
and a computer outage that grounded air traffic across much of
the country.
Read more
REFILE-Britain's FTSE led higher by Coca-Cola HBC and miners
LONDON, May 20 (Reuters) - UK shares rose on Friday, set for
their biggest daily gain in more than a month after a rise in
bottling company Coca-Cola HBC and a rally in mining
stocks.
Read more
their biggest daily gain in more than a month after a rise in
bottling company Coca-Cola HBC and a rally in mining
stocks.
Read more
Egypt military says finds EgyptAir plane debris 290 km from Alexandria
CAIRO, May 20 (Reuters) - The Egyptian military said on
Friday it had found parts of debris from the missing EgyptAir
plane 290 kilometers north of the Mediterranean coastal city of
Alexandria.
Read more
Friday it had found parts of debris from the missing EgyptAir
plane 290 kilometers north of the Mediterranean coastal city of
Alexandria.
Read more
China stocks end up, but Shanghai index posts 5th week of losses
SHANGHAI, May 20 (Reuters) - China stocks ended a tepid week
higher on Friday, but the Shanghai Composite Index
posted its fifth week of losses hurt by fading optimism over the
country's growth prospects and concerns about rising U.S.
interest rates.
Read more
higher on Friday, but the Shanghai Composite Index
posted its fifth week of losses hurt by fading optimism over the
country's growth prospects and concerns about rising U.S.
interest rates.
Read more
China stocks set for 5th week of losses, Hong Kong up
SHANGHAI, May 20 (Reuters) - China stocks edged up on Friday
morning, but the main indexes are poised for a fifth week of
losses on fading optimism over the country's growth prospects
and concerns about rising U.S. interest rates.
Read more
morning, but the main indexes are poised for a fifth week of
losses on fading optimism over the country's growth prospects
and concerns about rising U.S. interest rates.
Read more
Three French investigators arrive in Cairo -airport sources
CAIRO, May 20 (Reuters) - Three French investigators and a
technical expert from Airbus arrived at Cairo
International Airport early Friday morning to help investigate
the fate of a missing EgyptAir plane that disappeared on
Thursday, airport sources said.
Read more
technical expert from Airbus arrived at Cairo
International Airport early Friday morning to help investigate
the fate of a missing EgyptAir plane that disappeared on
Thursday, airport sources said.
Read more
Thursday, May 19, 2016
S.Korea won bounces after sharp losses, stocks set for 4th weekly loss
* Won, KOSPI set to mark another losing week
* KOSPI wobbles amid thin trading
SEOUL, May 20 (Reuters) - The South Korean won
rebounded on Friday after a recent sharp decline that was
fuelled by expectations that the U.S. central bank will raise
interest rates in the next few months.
The won stood at 1,187.7 to the dollar as of 0221
GMT, up 0.3 percent compared with the previous close of 1,191.7.
New York Federal Reserve President William Dudley's comments
overnight added to ex
Read more
* KOSPI wobbles amid thin trading
SEOUL, May 20 (Reuters) - The South Korean won
rebounded on Friday after a recent sharp decline that was
fuelled by expectations that the U.S. central bank will raise
interest rates in the next few months.
The won stood at 1,187.7 to the dollar as of 0221
GMT, up 0.3 percent compared with the previous close of 1,191.7.
New York Federal Reserve President William Dudley's comments
overnight added to ex
Read more
U.S., Europeans promise to clarify doing business with Iran
WASHINGTON, May 19 (Reuters) - The United States and
European powers will work to clear up any confusion companies
may have about doing business with Iran following Tehran's
acceptance of a deal to curb its nuclear program, the countries
said in a statement on Thursday.
Read more
European powers will work to clear up any confusion companies
may have about doing business with Iran following Tehran's
acceptance of a deal to curb its nuclear program, the countries
said in a statement on Thursday.
Read more
Rush for ag-chem megadeals clogs regulatory path, worries farmers
WASHINGTON/CHICAGO, May 19 (Reuters) - As Bayer AG
joins the agricultural sector's scramble to
consolidate, its bid for Monsanto Co may be a tipping
point for U.S. farmers, federal lawmakers and regulators
concerned the tie-ups may harm the farm economy.
Read more
joins the agricultural sector's scramble to
consolidate, its bid for Monsanto Co may be a tipping
point for U.S. farmers, federal lawmakers and regulators
concerned the tie-ups may harm the farm economy.
Read more
REFILE-Skywatchers can see close, bright Mars looming large this month
CAPE CANAVERAL, Fla., May 19 (Reuters) - Mars makes its
closest approach to Earth in a decade this month, providing
sky-watchers with a celestial show from dusk to dawn starting
this week, NASA said on Thursday.
Read more
closest approach to Earth in a decade this month, providing
sky-watchers with a celestial show from dusk to dawn starting
this week, NASA said on Thursday.
Read more
U.S. review of EgyptAir imagery shows no signs of blast -officials
WASHINGTON, May 19 (Reuters) - A U.S. review of satellite
imagery so far has not produced any signs of an explosion aboard
the EgyptAir flight that crashed on Thursday en route from Paris
to Cairo, officials from multiple U.S. agencies told Reuters.
Read more
imagery so far has not produced any signs of an explosion aboard
the EgyptAir flight that crashed on Thursday en route from Paris
to Cairo, officials from multiple U.S. agencies told Reuters.
Read more
UPDATE 2-Canada regulator approves Kinder Morgan pipeline with conditions
VANCOUVER, May 19 (Reuters) - Canada's energy regulator on
Thursday recommended the approval of Kinder Morgan Inc's
plan to expand the Trans Mountain oil pipeline, subject to 157
conditions, clearing a major hurdle for the proposed trebling of
capacity to serve lucrative Asian markets.
Read more
Thursday recommended the approval of Kinder Morgan Inc's
plan to expand the Trans Mountain oil pipeline, subject to 157
conditions, clearing a major hurdle for the proposed trebling of
capacity to serve lucrative Asian markets.
Read more
UPDATE 1-Egypt faces challenging probe into missing Airbus jet
CAIRO/PARIS, May 19 (Reuters) - Egypt launched an official
investigation into the disappearance of an EgyptAir flight on
Thursday, heralding what safety experts called a daunting probe
into the apparent loss of an Airbus jet with 66 people on board.
Read more
investigation into the disappearance of an EgyptAir flight on
Thursday, heralding what safety experts called a daunting probe
into the apparent loss of an Airbus jet with 66 people on board.
Read more
UPDATE 1-NATO agrees bigger Mediterranean mission to stop smugglers
* Libya to send experts to Brussels to define assistance
(Recasts with Kerry comments, details on mission)
Read more
(Recasts with Kerry comments, details on mission)
Read more
Yellow fever outbreaks in Africa require action, vaccination - WHO
GENEVA, May 19 (Reuters) - Outbreaks of deadly yellow fever
in Angola and the Democratic Republic of Congo do not constitute
a global health emergency but require stepped up surveillance
and mass vaccination, the World Health Organisation (WHO) said
on Thursday.
Read more
in Angola and the Democratic Republic of Congo do not constitute
a global health emergency but require stepped up surveillance
and mass vaccination, the World Health Organisation (WHO) said
on Thursday.
Read more
Pakistan says "seriously concerned" by India's missile tests
ISLAMABAD, May 19 (Reuters) - Pakistan is "seriously
concerned" by India's recent test of anti-ballistic missiles
which media reports say could intercept incoming nuclear
weapons, a senior foreign ministry official said on Thursday,
warning Pakistan would upgrade its defences.
Read more
concerned" by India's recent test of anti-ballistic missiles
which media reports say could intercept incoming nuclear
weapons, a senior foreign ministry official said on Thursday,
warning Pakistan would upgrade its defences.
Read more
With Fed rate rise more likely, U.S. dollar again weighs on earnings
NEW YORK, May 19 (Reuters) - A healthier U.S. economy which
leads the Federal Reserve to raise interest rates again soon may
dampen spirits at companies which are just starting to see some
relief from the strong dollar of the past two years.
Read more
leads the Federal Reserve to raise interest rates again soon may
dampen spirits at companies which are just starting to see some
relief from the strong dollar of the past two years.
Read more
White House says too soon to tell why EgyptAir plane crashed
WASHINGTON, May 19 (Reuters) - The White House said on
Thursday the crash of an EgyptAir plane over the Mediterranean
was being investigated and it was too soon to determine what
caused the aircraft to go down.
Read more
Thursday the crash of an EgyptAir plane over the Mediterranean
was being investigated and it was too soon to determine what
caused the aircraft to go down.
Read more
No special details on EgyptAir plane -U.S. Secretary of State Kerry
BRUSSELS, May 19 (Reuters) - U.S. Secretary of State John
Kerry said he had no special information about why an EgyptAir
plane carrying 66 people disappeared over the Mediterranean on
Thursday, adding that he would not speculate on the cause.
Read more
Kerry said he had no special information about why an EgyptAir
plane carrying 66 people disappeared over the Mediterranean on
Thursday, adding that he would not speculate on the cause.
Read more
Republican Trump calls missing EgyptAir plane terrorist attack
WASHINGTON, May 19 (Reuters) - Republican presidential
candidate Donald Trump said on Thursday the disappearance of an
EgyptAir plane over the Mediterranean looked like an act of
terrorism, making the link before authorities involved in the
investigation did so.
Read more
candidate Donald Trump said on Thursday the disappearance of an
EgyptAir plane over the Mediterranean looked like an act of
terrorism, making the link before authorities involved in the
investigation did so.
Read more
MIDEAST STOCKS-Markets retreat on weak oil, U.S. rate worries
DUBAI, May 19 (Reuters) - Middle East stock markets lost
ground on Thursday after oil prices retreated and global equity
prices fell on speculation the United States might raise
interest rates as early as June.
Read more
ground on Thursday after oil prices retreated and global equity
prices fell on speculation the United States might raise
interest rates as early as June.
Read more
Airplane lifejackets found in Egyptair search
ATHENS, May 19 (Reuters) - Aircraft debris was found in the
southern Mediterranean by Greek authorities searching for a
missing EgyptAir aircraft which vanished from radar screens
early Thursday, Greek state tv reported.
Read more
southern Mediterranean by Greek authorities searching for a
missing EgyptAir aircraft which vanished from radar screens
early Thursday, Greek state tv reported.
Read more
U.S. motorists to hit roads on Memorial Day holiday in near-record numbers -AAA
NEW YORK, May 19 (Reuters) - The number of Americans
traveling by car for the Memorial Day holiday will hit an
11-year high this year, fueled by a growing economy and low
gasoline prices, the nation's largest motorists' advocacy group
said on Thursday.
Read more
traveling by car for the Memorial Day holiday will hit an
11-year high this year, fueled by a growing economy and low
gasoline prices, the nation's largest motorists' advocacy group
said on Thursday.
Read more
Attack more likely behind Egypt plane crisis than technical fault -Egypt minister
CAIRO, May 19 (Reuters) - Egypt's aviation minister said
that a terrorist attack was more likely to have taken down the
missing EgyptAir aircraft early Thursday morning than a
technical failure.
Read more
that a terrorist attack was more likely to have taken down the
missing EgyptAir aircraft early Thursday morning than a
technical failure.
Read more
Greece finds pieces of plastic in sea search for missing EgyptAir plane
May 19 (Reuters) - A Greek frigate searching for a missing
Egyptair aircraft discovered two large plastic floating objects
in a sea area 230 miles south of the island of Crete on
Thursday, Greek defence sources said.
Read more
Egyptair aircraft discovered two large plastic floating objects
in a sea area 230 miles south of the island of Crete on
Thursday, Greek defence sources said.
Read more
Some bank tax revenue at risk if FX loans converted-Polish minister
KATOWICE, Poland, May 19 (Reuters) - Some Polish banks may
avoid paying an industry tax for months if they are forced to
take writedowns immediately, rather than over several years,
under a plan to convert Swiss franc mortgages into zlotys, the
country's finance minister said on Thursday.
Read more
avoid paying an industry tax for months if they are forced to
take writedowns immediately, rather than over several years,
under a plan to convert Swiss franc mortgages into zlotys, the
country's finance minister said on Thursday.
Read more
UPDATE 1-Tanker begins delayed oil loading at Libya's Hariga -officials
BENGHAZI, Libya, May 19 (Reuters) - A tanker that had been
blocked for three weeks in a stand-off over oil exports at the
eastern Libyan port of Marsa al-Hariga entered the port and
began loading on Thursday, officials said.
Read more
blocked for three weeks in a stand-off over oil exports at the
eastern Libyan port of Marsa al-Hariga entered the port and
began loading on Thursday, officials said.
Read more
UPDATE 2-Royal Mail turnaround proving expensive in tough UK market
* Shares fall as much as 5.8 pct
(Adds comments by CEO, further details, updates share price)
Read more
(Adds comments by CEO, further details, updates share price)
Read more
Peugeot to invest 700 mln euros in Spain until 2020
MADRID, May 19 (Reuters) - French carmaker PSA Peugeot
Citroen is set to invest 700 million euros ($785
million) in Spain over the next four years and will produce a
new car in the country from 2020, a spokesman for the company
said.
Read more
Citroen is set to invest 700 million euros ($785
million) in Spain over the next four years and will produce a
new car in the country from 2020, a spokesman for the company
said.
Read more
Egypt, France exchange condolences over vanished EgyptAir plane
CAIRO, May 19 (Reuters) - Egypt's foreign ministry exchanged
condolences with France on Thursday over what it called the
"fall" of an EgyptAir flight carrying 66 people from Paris to
Cairo.
Read more
condolences with France on Thursday over what it called the
"fall" of an EgyptAir flight carrying 66 people from Paris to
Cairo.
Read more
French PM urges unions to scrap violence-marred protests
PARIS, May 19 (Reuters) - France's prime minister urged
labour union leaders on Thursday to call off anti-reform
protests, saying turnout was waning but violence on the fringes
was mounting.
Read more
labour union leaders on Thursday to call off anti-reform
protests, saying turnout was waning but violence on the fringes
was mounting.
Read more
No weather issues at time of EgyptAir plane disappearance - Eurocontrol
BERLIN, May 19 (Reuters) - There were no weather issues at
the time and in the vicinity of the area where an EgyptAir plane
with 66 people on board went missing on Thursday morning,
European air traffic network manager Eurocontrol said.
Read more
the time and in the vicinity of the area where an EgyptAir plane
with 66 people on board went missing on Thursday morning,
European air traffic network manager Eurocontrol said.
Read more
Carmaker Vauxhall to recall Zafira B model due to fire hazard
May 19 (Reuters) - British carmaker Vauxhall has recalled
close to 235,000 cars for repair, saying it found evidence that
the Zafira B model was at a risk of fire.
Read more
close to 235,000 cars for repair, saying it found evidence that
the Zafira B model was at a risk of fire.
Read more
Egyptian armed forces received distress signal from missing EgyptAir plane
CAIRO, May 19 (Reuters) - Rescue services from the Egyptian
armed forces reported receiving a distress signal at 04:26 am
local time (0226 GMT) from the EgyptAir plane that went missing
overnight, an official from the airline said in a statement.
Read more
armed forces reported receiving a distress signal at 04:26 am
local time (0226 GMT) from the EgyptAir plane that went missing
overnight, an official from the airline said in a statement.
Read more
CORRECTED-Royal Mail beats profit expectations on tight cost controls
May 18 (Reuters) - Britain's Royal Mail Plc reported
a better-than-expected profit for the financial year, as tight
cost controls more than made up for losses due to high
competition in the UK postal market.
Read more
a better-than-expected profit for the financial year, as tight
cost controls more than made up for losses due to high
competition in the UK postal market.
Read more
Wednesday, May 18, 2016
RPT- Burnt by oil price crash, Europe's oil majors warm up to green energy investments
LONDON, May 18 (Reuters) - Europe's biggest oil companies,
reeling from losing billions in the two-year oil market rout,
are intensifying their push into renewable energy as they hunt
for new sources of future revenue.
Read more
reeling from losing billions in the two-year oil market rout,
are intensifying their push into renewable energy as they hunt
for new sources of future revenue.
Read more
China defence ministry looking into reports of U.S. plane intercept -Global Times
BEIJING, May 19 (Reuters) - China's Defence Ministry is
looking into reports that two Chinese fighter jets carried out
an intercept of a U.S. military reconnaissance aircraft over the
South China Sea, the Global Times cited the ministry as saying.
Read more
looking into reports that two Chinese fighter jets carried out
an intercept of a U.S. military reconnaissance aircraft over the
South China Sea, the Global Times cited the ministry as saying.
Read more
Australia's opposition leader narrowly avoids car accident on campaign trail
SYDNEY, May 19 (Reuters) - Australia's opposition leader
Bill Shorten on Wednesday narrowly avoided a car crash while
campaigning for a July general election.
Read more
Bill Shorten on Wednesday narrowly avoided a car crash while
campaigning for a July general election.
Read more
Seven die in Afghanistan crash of Azerbaijan's Silk Way freight plane
BAKU, May 19 (Reuters) - A freight plane of Azerbaijan's
Silk Way airline crashed on Wednesday in Afghanistan, killing
seven of its nine crew, Azerbaijan's civil aviation
administration said.
Read more
Silk Way airline crashed on Wednesday in Afghanistan, killing
seven of its nine crew, Azerbaijan's civil aviation
administration said.
Read more
S.Korea won falls to near 9-wk low; stocks extend losses
* Hawkish Fed minutes hurt won and KOSPI
* Won highly unlikely to go beyond 1,200 level - analyst
SEOUL, May 19 (Reuters) - The South Korean won fell
to its lowest level since mid-March on Thursday morning as the
minutes from the U.S. Federal Reserve's April policy meeting
signalled a potential interest rate hike in June.
The won was at 1,189.6 per dollar at 0221 GMT,
down 0.6 percent from Wednesday's close of 1,182.6.
The currency is likely to trade in a limited range ahead of
Read more
* Won highly unlikely to go beyond 1,200 level - analyst
SEOUL, May 19 (Reuters) - The South Korean won fell
to its lowest level since mid-March on Thursday morning as the
minutes from the U.S. Federal Reserve's April policy meeting
signalled a potential interest rate hike in June.
The won was at 1,189.6 per dollar at 0221 GMT,
down 0.6 percent from Wednesday's close of 1,182.6.
The currency is likely to trade in a limited range ahead of
Read more
UPDATE 1-Bayer makes preliminary offer to buy Monsanto
* Tie-up could raise US antitrust concerns - experts
(Recasts, adds Monsanto comment, industry background)
Read more
(Recasts, adds Monsanto comment, industry background)
Read more
New Caledonia reports minor acid leak at Vale nickel operations
SYDNEY, May 19 (Reuters) - Brazilian miner Vale
has had a minor acid leak at its Goro nickel operations in New
Caledonia, the government of the French Pacific territory said,
two years after a large chemical discharge at the same site
sparked violent protests.
Read more
has had a minor acid leak at its Goro nickel operations in New
Caledonia, the government of the French Pacific territory said,
two years after a large chemical discharge at the same site
sparked violent protests.
Read more
UPDATE 1-Japan machinery orders points to spending slowdown
(Adds economist's quote, details on capex)
* March core orders +5.5 pct vs forecast +0.5 pct
* Core orders seen -3.5 pct in April-June qtr
* Capital spending seen crucial for sustained growth
* March orders +3.2 pct yr/yr vs forecast +0.8 pct
By Stanley White
TOKYO, May 19 (Reuters) - Japan's core machinery orders rose
more than expected in March but companies expect orders to
decline in the current quarter as firms become increasingly
cautious due to a rising yen and
Read more
UPDATE 1-Activist investor heavyweights form new lobbying arm
NEW YORK, May 18 (Reuters) - A group of hedge funds have
formed a new lobbying arm to promote the benefits of shareholder
activism across the U.S. economy, as U.S. politicians turn up
the heat on activist investors.
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formed a new lobbying arm to promote the benefits of shareholder
activism across the U.S. economy, as U.S. politicians turn up
the heat on activist investors.
Read more
UPDATE 1-Argentina refiners buy Nigeria crude, 2nd foreign cargo this year
HOUSTON/BUENOS AIRES, May 18 (Reuters) - A 1-million-barrel
cargo of Nigeria's Bonga medium crude oil is expected to be
discharged in Argentina this week, the second crude import by
firms operating in the South American country this year to
secure oil supplies for their refineries, according to industry
sources and Reuters data on Wednesday.
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cargo of Nigeria's Bonga medium crude oil is expected to be
discharged in Argentina this week, the second crude import by
firms operating in the South American country this year to
secure oil supplies for their refineries, according to industry
sources and Reuters data on Wednesday.
Read more
UPDATE 1-U.S. airlines forecast busy summer travel, warn of longer lines
May 18 (Reuters) - Summer travel on U.S. airlines is
expected to reach an all-time high this year, trade group
Airlines for America said on Wednesday, adding to concern that
travelers could face even longer airport security lines.
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expected to reach an all-time high this year, trade group
Airlines for America said on Wednesday, adding to concern that
travelers could face even longer airport security lines.
Read more
Saab upbeat on exports as it unveils new fighter jet
LINKOPING, Sweden, May 18 (Reuters) - Sweden's Saab
expressed optimism about fighter exports to nations including
India as it unveiled a new version of its Gripen combat jet
being developed for Sweden and Brazil.
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expressed optimism about fighter exports to nations including
India as it unveiled a new version of its Gripen combat jet
being developed for Sweden and Brazil.
Read more
UPDATE 2-U.S. grain handler Andersons rejects HC2's $1 bln bid
May 18 (Reuters) - Loss-making U.S. grain handler Andersons
Inc on Wednesday rejected a $1 billion takeover offer
from HC2 Holdings Inc as too low, calling the bid an
attempt to capitalize on a sharp downturn in the agricultural
economy.
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Inc on Wednesday rejected a $1 billion takeover offer
from HC2 Holdings Inc as too low, calling the bid an
attempt to capitalize on a sharp downturn in the agricultural
economy.
Read more
UPDATE 2-General Electric reaffirms forecast despite weaker growth
NEW YORK, May 18 (Reuters) - General Electric Co
expects to hit its 2016 earnings targets despite tough
conditions in its oil and gas business, lower industrial margins
and slower revenue growth, Chief Executive Jeff Immelt said on
Wednesday.
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expects to hit its 2016 earnings targets despite tough
conditions in its oil and gas business, lower industrial margins
and slower revenue growth, Chief Executive Jeff Immelt said on
Wednesday.
Read more
UPDATE 1-U.S. bans e-cigarettes from checked baggage over fire risks
WASHINGTON, May 18 (Reuters) - The U.S. Transportation
Department said Wednesday it is permanently banning passengers
and crew members from carrying e-cigarettes in checked baggage
or charging the devices onboard aircraft.
Read more
Department said Wednesday it is permanently banning passengers
and crew members from carrying e-cigarettes in checked baggage
or charging the devices onboard aircraft.
Read more
U.S. bans e-cigarettes from checked baggage over fire risks
WASHINGTON, May 18 (Reuters) - The U.S. Transportation
Department said Wednesday it is banning passengers and crew
members from carrying e-cigarettes in checked baggage or
charging the devices onboard aircraft.
Read more
Department said Wednesday it is banning passengers and crew
members from carrying e-cigarettes in checked baggage or
charging the devices onboard aircraft.
Read more
UPDATE 1-Alibaba discussing FIFA sponsorship - Bloomberg
May 18 (Reuters) - Chinese e-commerce giant Alibaba Group
Holding Ltd is in discussions to become a top sponsor
of FIFA, Bloomberg reported on Wednesday.
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Holding Ltd is in discussions to become a top sponsor
of FIFA, Bloomberg reported on Wednesday.
Read more
Burnt by oil price crash, Europe's oil majors warm up to green energy investments
LONDON, May 18 (Reuters) - Europe's biggest oil companies,
reeling from losing billions in the two-year oil market rout,
are intensifying their push into renewable energy as they hunt
for new sources of future revenue.
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reeling from losing billions in the two-year oil market rout,
are intensifying their push into renewable energy as they hunt
for new sources of future revenue.
Read more
UPDATE 1-Fitbit buys mobile payment technology from Silicon Valley startup
May 18 (Reuters) - Fitbit Inc said it bought
wearable payment technology assets from Silicon Valley-based
startup Coin, as it looks to allow users to make payments
through its popular line of wearable fitness devices.
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wearable payment technology assets from Silicon Valley-based
startup Coin, as it looks to allow users to make payments
through its popular line of wearable fitness devices.
Read more
UK plans new insurance laws to help driverless cars onto the road
LONDON, May 18 (Reuters) - Britain announced plans on
Wednesday for new motor insurance laws designed to encourage
investment in driverless cars, as the government looks to
capture a leading role in the nascent industry.
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Wednesday for new motor insurance laws designed to encourage
investment in driverless cars, as the government looks to
capture a leading role in the nascent industry.
Read more
Saudi's Binladin secures bank loan to ease finance crunch -sources
RIYADH/DUBAI, May 18 (Reuters) - Construction firm Saudi
Binladin Group has secured a 2.5 billion riyal ($667 million)
loan from local banks to ease its financial pressures, banking
sources aware of the matter said on Wednesday.
Read more
Binladin Group has secured a 2.5 billion riyal ($667 million)
loan from local banks to ease its financial pressures, banking
sources aware of the matter said on Wednesday.
Read more
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