SHANGHAI, Aug 1 (Reuters) - China stocks slumped more than 1
percent on Monday morning as a crackdown by regulators on
speculation led investors to dump small caps ahead of a fresh
wave of initial public offerings (IPOs).
Read more
Sunday, July 31, 2016
China factory activity unexpectedly dips in July-official PMI
BEIJING, Aug 1 (Reuters) - Activity in China's manufacturing
sector unexpectedly shrank in July, an official survey showed on
Monday, with small and medium-sized firms leading the fall and
reinforcing fears that the economy may once again be losing
momentum.
Read more
sector unexpectedly shrank in July, an official survey showed on
Monday, with small and medium-sized firms leading the fall and
reinforcing fears that the economy may once again be losing
momentum.
Read more
China's July official services PMI rises to 53.9 from June's 53.7
BEIJING, Aug 1 (Reuters) - Activity in China's services
industry expanded in July at a faster pace than the previous
month, an official survey showed on Monday.
Read more
industry expanded in July at a faster pace than the previous
month, an official survey showed on Monday.
Read more
China's GOME shares fall more than 6 pct after H1 profit warning
HONG KONG, Aug 1 (Reuters) - Shares of China's GOME
Electrical Appliances Holding slid more than 6 percent
on Monday in early Hong Kong trading after the company warned it
expects its first-half adjusted profit to slump 75-85 percent
from a year ago.
Read more
Electrical Appliances Holding slid more than 6 percent
on Monday in early Hong Kong trading after the company warned it
expects its first-half adjusted profit to slump 75-85 percent
from a year ago.
Read more
Iraqi Airways plane makes emergency landing in Kuwait
BAGHDAD, July 31 (Reuters) - An Iraqi Airways plane with 230
passengers on board made an emergency landing in Kuwait on
Sunday after one of its two engines failed, the company said in
a statement.
Read more
passengers on board made an emergency landing in Kuwait on
Sunday after one of its two engines failed, the company said in
a statement.
Read more
UPDATE 1-Uber to invest $500 million in global mapping project -FT
NEW YORK, July 31 (Reuters) - Ride-hailing service Uber
will invest $500 million in an ambitious global
mapping project to wean itself off dependence on Google Maps and
pave the way for driverless cars, the Financial Times reported
on Sunday.
Read more
will invest $500 million in an ambitious global
mapping project to wean itself off dependence on Google Maps and
pave the way for driverless cars, the Financial Times reported
on Sunday.
Read more
China's GOME issues profit warning for H1
HONG KONG, July 31 (Reuters) - China's GOME Electrical
Appliances Holding issued a profit warning on Sunday,
saying first-half profit was likely to plunge year-on-year due
to a strategic shake-up which has seen some of its main outlets
undergo renovation.
Read more
Appliances Holding issued a profit warning on Sunday,
saying first-half profit was likely to plunge year-on-year due
to a strategic shake-up which has seen some of its main outlets
undergo renovation.
Read more
Libya's NOC welcomes 'unconditional' opening of ports, aims for 900,000 bpd by year end
TRIPOLI, July 31 (Reuters) - Libya's state oil company said
on Sunday it welcomed the "unconditional" reopening of blockaded
oil ports following a deal between the U.N.-backed government
and the Petroleum Facilities Guard.
Read more
on Sunday it welcomed the "unconditional" reopening of blockaded
oil ports following a deal between the U.N.-backed government
and the Petroleum Facilities Guard.
Read more
UPDATE 2-Militants launch car bomb, gun attack on Somali police base, ten dead
MOGADISHU, July 31 (Reuters) - Militants set off two car
bombs outside a police base in Somalia's capital before gunmen
stormed inside on Sunday, leaving at least 10 people dead,
police said.
Read more
bombs outside a police base in Somalia's capital before gunmen
stormed inside on Sunday, leaving at least 10 people dead,
police said.
Read more
UPDATE 13-Fiery crash of hot air balloon kills 16 in central Texas
LOCKHART, Texas, July 30 (Reuters) - A hot air balloon burst
into flames over central Texas on Saturday after apparently
striking power lines and plunged into a field, killing all 16
people aboard in one of the deadliest such accidents on record,
police and eyewitnesses said.
Read more
into flames over central Texas on Saturday after apparently
striking power lines and plunged into a field, killing all 16
people aboard in one of the deadliest such accidents on record,
police and eyewitnesses said.
Read more
Saturday, July 30, 2016
Olympics-First-ever refugee team ascends to Rio's Christ statue
RIO DE JANEIRO, July 30 (Reuters) - Members of the first-ever Olympic refugee team visited Rio de Janeiro's iconic Christ statue Saturday, with smiles as wide as their arms were outstretched, imitating the landmark's open embrace as they posed for photos.
Read more
Read more
Olympics-Rio opens metro extension, final big infrastructure project
RIO DE JANEIRO, July 30 (Reuters) - Brazil's interim president, Michel Temer, presided over the Saturday opening of the last major infrastructure project to be finished for the Olympics, the much-delayed extension of a metro line completed just six days before the event begins.
Read more
Read more
Dutch heighten security at Amsterdam airport, citing threat `indications'
AMSTERDAM, July 30 (Reuters) - Dutch police conducted
security searches around Amsterdam's Schiphol airport on
Saturday in response to "indications" of a threat, an official
said, causing traffic jams during the busy summer holiday
season.
Read more
security searches around Amsterdam's Schiphol airport on
Saturday in response to "indications" of a threat, an official
said, causing traffic jams during the busy summer holiday
season.
Read more
RPT-Olympics-U.S. sailor lends hand to clean Rio's bay before Games
RIO DE JANEIRO, July 29 (Reuters) - Bobbing on Rio de Janeiro's Guanabara Bay in a blue and white fishing boat, American sailor Brad Funk uses a plastic bin to scoop rubbish from the waters where Olympic sailing races will take place next month.
Read more
Read more
UPDATE 1-Belgium arrests two men suspected of planning attack
BRUSSELS, July 30 (Reuters) - Police arrested two men
suspected of planning an attack in Belgium after house searches
on Friday evening, federal prosecutors said on Saturday.
Read more
suspected of planning an attack in Belgium after house searches
on Friday evening, federal prosecutors said on Saturday.
Read more
Friday, July 29, 2016
UPDATE 1-U.S. Judge denies Uber motion to compel arbitration in surge-pricing lawsuit
SAN FRANCISCO, July 29 (Reuters) - A federal judge on Friday
denied a motion by Uber Technologies Inc to compel
arbitration in a passenger lawsuit over so-called surge pricing
brought against the ride-hailing company's chief executive.
Read more
denied a motion by Uber Technologies Inc to compel
arbitration in a passenger lawsuit over so-called surge pricing
brought against the ride-hailing company's chief executive.
Read more
Judge denies Uber motion to compel arbitration in surge-pricing lawsuit
SAN FRANCISCO, July 29 (Reuters) - A federal judge on Friday
denied a motion by Uber Technologies Inc to compel
arbitration in a passenger lawsuit over so-called surge pricing
brought against the ride-hailing company's chief executive.
Read more
denied a motion by Uber Technologies Inc to compel
arbitration in a passenger lawsuit over so-called surge pricing
brought against the ride-hailing company's chief executive.
Read more
Venezuela regulator denies telecoms requests for price hikes
CARACAS, July 29 (Reuters) - Venezuela's struggling telecoms
operators must maintain fixed low prices after the country's
regulator Conatel suspended their application to raise fees,
doubling down on state-led economic policies.
Read more
operators must maintain fixed low prices after the country's
regulator Conatel suspended their application to raise fees,
doubling down on state-led economic policies.
Read more
UPDATE 3-Libya government, oil guards reach deal to reopen ports
BENGHAZI, Libya, July 29 (Reuters) - Libya's U.N.-backed
government has signed a deal with an armed brigade controlling
the major Ras Lanuf and Es Sider oil ports to end a blockade and
restart exports from the terminals shut down since December
2014.
Read more
government has signed a deal with an armed brigade controlling
the major Ras Lanuf and Es Sider oil ports to end a blockade and
restart exports from the terminals shut down since December
2014.
Read more
Magnitude 7.7 quake strikes in Pacific, no tsunami -USGS
July 29 (Reuters) - A major earthquake of magnitude 7.7.
struck in the eastern Pacific Ocean on Friday, close to the
Northern Mariana Islands, but was not expected to trigger a
tsunami, the U.S. Geological Survey and the Pacific Tsunami
Warning Center
said.
Read more
struck in the eastern Pacific Ocean on Friday, close to the
Northern Mariana Islands, but was not expected to trigger a
tsunami, the U.S. Geological Survey and the Pacific Tsunami
Warning Center
said.
Read more
REFILE-Ex-Guatemalan soccer chief pleads guilty to U.S. bribery charges
NEW YORK, July 29 (Reuters) - A former president of Guatemala's soccer federation pleaded guilty on Friday to charges he received bribes to award lucrative media and marketing rights for soccer matches, the latest development in the U.S. corruption investigation into world soccer's governing body FIFA.
Read more
Read more
UPDATE 3-Air Canada's shares slide on capacity, fare concerns
July 29 (Reuters) - Air Canada shares fell 5 percent
on Friday after the country's largest airline posted
second-quarter results that raised concerns about downward
pressure on fares.
Read more
on Friday after the country's largest airline posted
second-quarter results that raised concerns about downward
pressure on fares.
Read more
UPDATE 1-Spain's OHL mulls more asset sales after profit hit
MADRID, July 29 (Reuters) - Spanish construction group OHL
saw net profit almost wiped out in the first half,
after a big hit on a Canadian hospital contract, and said it was
open to more asset sales to get back to profitability.
Read more
saw net profit almost wiped out in the first half,
after a big hit on a Canadian hospital contract, and said it was
open to more asset sales to get back to profitability.
Read more
UPDATE 1-Tesla mulling two theories to explain 'Autopilot' crash: source
WASHINGTON, July 29 (Reuters) - Tesla Motors Inc
told U.S. Senate Commerce Committee staff it is considering two
theories that may explain what led to the May 7 fatal crash that
killed a Florida man who was using the car's "Autopilot" system,
a person familiar with the meeting told Reuters on Friday.
Read more
told U.S. Senate Commerce Committee staff it is considering two
theories that may explain what led to the May 7 fatal crash that
killed a Florida man who was using the car's "Autopilot" system,
a person familiar with the meeting told Reuters on Friday.
Read more
Allegiant Air's pilots ratify new contract
July 29 (Reuters) - Allegiant Air said its pilots
represented by the Teamsters union ratified a new five-year
contract, ending labor issues at the Las Vegas-based budget
carrier at a time the U.S. airline industry is grappling with a
shortage of pilots.
Read more
represented by the Teamsters union ratified a new five-year
contract, ending labor issues at the Las Vegas-based budget
carrier at a time the U.S. airline industry is grappling with a
shortage of pilots.
Read more
Tens of thousands rally in support of Congo's Kabila
KINSHASA, July 29 (Reuters) - Tens of thousands of President
Joseph Kabila's supporters rallied in Democratic Republic of
Congo's capital on Friday in a growing stand-off with opposition
parties who have accused him of trying to cling to power.
Read more
Joseph Kabila's supporters rallied in Democratic Republic of
Congo's capital on Friday in a growing stand-off with opposition
parties who have accused him of trying to cling to power.
Read more
Two people suspected of terrorism links arrested on train in s.France, conductor announces
TOULON, France, July 29 (Reuters) - Two people suspected of
links to terrorism were arrested on Friday by armed police
officers on a high-speed train in Toulon, in the south of
France, and the train was searched, a train conductor announced
to passengers, according to a Reuters witness.
Read more
links to terrorism were arrested on Friday by armed police
officers on a high-speed train in Toulon, in the south of
France, and the train was searched, a train conductor announced
to passengers, according to a Reuters witness.
Read more
French administrator: two held on French train for suspicious behaviour, not terrorism
PARIS, July 29 (Reuters) - A French local administrator said
on Friday that two people had been checked by armed police
officers on a high-speed train in southern France for behaving
suspiciously, and had not been detained for suspected links to
terrorism.
Read more
on Friday that two people had been checked by armed police
officers on a high-speed train in southern France for behaving
suspiciously, and had not been detained for suspected links to
terrorism.
Read more
Russia says Aleppo operation is exclusively humanitarian -Ifax
MOSCOW, July 29 (Reuters) - Russia's operation in the Syrian
city of Aleppo is exclusively humanitarian, Interfax news agency
quoted Russian Deputy Defence Minister Anatoly Antonov as saying
on Friday.
Read more
city of Aleppo is exclusively humanitarian, Interfax news agency
quoted Russian Deputy Defence Minister Anatoly Antonov as saying
on Friday.
Read more
UPDATE 4-Rising revenue boosts UPS profit; 2016 forecast confirmed
CHICAGO, July 29 (Reuters) - United Parcel Service Inc
reported a higher quarterly net profit on Friday that
met analyst expectations as revenue grew across its business
units, and the company reaffirmed its full-year earnings outlook
despite global economic uncertainty.
Read more
reported a higher quarterly net profit on Friday that
met analyst expectations as revenue grew across its business
units, and the company reaffirmed its full-year earnings outlook
despite global economic uncertainty.
Read more
Russia says will consider UN suggestions for improved Aleppo plan -RI
MOSCOW, July 29 (Reuters) - Russia will "carefully study and
take into account" suggestions made by U.N. Syria envoy Staff de
Mistura for improvements to its humanitarian operation in
Aleppo, RIA news agency quoted Alexei Borodavkin, Russia's
ambassador to the United Nations in Geneva, as saying on Friday.
Read more
take into account" suggestions made by U.N. Syria envoy Staff de
Mistura for improvements to its humanitarian operation in
Aleppo, RIA news agency quoted Alexei Borodavkin, Russia's
ambassador to the United Nations in Geneva, as saying on Friday.
Read more
Activist investor ValueAct takes stake in railcar maker Trinity
July 29 (Reuters) - Jeff Ubben-run activist investor
ValueAct Capital Management LP has reported a 6.8 percent stake
in U.S. railcar maker Trinity Industries Inc, becoming
its second-biggest shareholder.
Read more
ValueAct Capital Management LP has reported a 6.8 percent stake
in U.S. railcar maker Trinity Industries Inc, becoming
its second-biggest shareholder.
Read more
UPDATE 1-Xerox's profit tops estimates on lower restructuring costs
July 29 (Reuters) - Xerox Corp reported a
higher-than-expected quarterly profit as the printer and copier
maker recorded lower restructuring charges.
Read more
higher-than-expected quarterly profit as the printer and copier
maker recorded lower restructuring charges.
Read more
Xerox's quarterly revenue falls 4.4 pct
July 29 (Reuters) - Xerox Corp's quarterly revenue
fell 4.4 percent, the sixth straight quarter of decline, as
sales of its printers and copiers slid further and a strong
dollar ate into revenue from markets outside the United States.
Read more
fell 4.4 percent, the sixth straight quarter of decline, as
sales of its printers and copiers slid further and a strong
dollar ate into revenue from markets outside the United States.
Read more
China, Laos say rail project to go ahead, pending environment study
VIENTIANE, July 29 (Reuters) - China and Laos are both
committed to a high-speed rail project linking the Chinese
southwestern city of Kunming with the Lao capital of Vientiane,
officials from both countries said this week, and the project
will go ahead despite delays.
Read more
committed to a high-speed rail project linking the Chinese
southwestern city of Kunming with the Lao capital of Vientiane,
officials from both countries said this week, and the project
will go ahead despite delays.
Read more
Air Canada reports 37.2 pct drop in profit
July 29 (Reuters) - Air Canada, the country's
largest airline, reported a 37.2 percent fall in quarterly
profit, hurt by higher costs.
Read more
largest airline, reported a 37.2 percent fall in quarterly
profit, hurt by higher costs.
Read more
BUZZ-Berendsen: worst day in nearly 5 yrs on slower rev growth rate
** Commercial laundry company Berendsen -5.5%, 3rd
top FTSE midcap loser & on track for worst day since Oct
2011 as it trades down from its life high
Read more
top FTSE midcap loser & on track for worst day since Oct
2011 as it trades down from its life high
Read more
Wing part found in Tanzania is "highly likely" from MH370 - Australia minister
SYDNEY, July 29 (Reuters) - An aircraft wing part found in
Tanzania is "highly likely" to be part of missing Malaysia
Airlines flight MH370, an Australian government minister said on
Friday, in what would be the second confirmed piece of the
jetliner.
Read more
Tanzania is "highly likely" to be part of missing Malaysia
Airlines flight MH370, an Australian government minister said on
Friday, in what would be the second confirmed piece of the
jetliner.
Read more
UPDATE 2-BA owner IAG trims growth plans further after Brexit vote
* Now sees 2016 profit up by low double-digit pct
(Recasts with comments on growth, adds shares)
Read more
(Recasts with comments on growth, adds shares)
Read more
S.Korea's Hanwha Techwin says to buy Thales' stake in JV for $257 mln
SEOUL, July 29 (Reuters) - South Korean defense firm Hanwha
Techwin Co Ltd said on Friday it will buy Thales
SA's 50 percent stake in their unlisted joint venture
Hanwha Thales Co Ltd for 288 billion won ($257 million).
Read more
Techwin Co Ltd said on Friday it will buy Thales
SA's 50 percent stake in their unlisted joint venture
Hanwha Thales Co Ltd for 288 billion won ($257 million).
Read more
China stocks close lower as regulatory clampdown knocks small caps
SHANGHAI, July 29 (Reuters) - China stocks closed lower on
Friday as investors dumped small counters amid signs of a fresh
regulatory clampdown on rampant speculation, which will hit
excessively valued small caps.
Read more
Friday as investors dumped small counters amid signs of a fresh
regulatory clampdown on rampant speculation, which will hit
excessively valued small caps.
Read more
Thursday, July 28, 2016
UPDATE 1-Vinci says orders build up in France after H1 profit rise
PARIS, July 29 (Reuters) - Vinci, Europe's biggest
construction and concessions company, on Friday said its order
book was building up, notably in France, after reporting a 1.5
percent decline in first-half revenue.
Read more
construction and concessions company, on Friday said its order
book was building up, notably in France, after reporting a 1.5
percent decline in first-half revenue.
Read more
Sharp posts smaller Q1 loss as it cuts costs
TOKYO, July 29 (Reuters) - Japanese electronics maker Sharp
Corp reported a smaller first-quarter loss helped by
restructuring and cost cuts, although overall revenue suffered a
steep decline.
Read more
Corp reported a smaller first-quarter loss helped by
restructuring and cost cuts, although overall revenue suffered a
steep decline.
Read more
Australia's states build their way out of mining crater
SYDNEY, July 29 (Reuters) - Australia's state governments
have embarked on an infrastructure spending spree after years of
frugality, providing vital support to the broader economy as it
struggles through the dog days of a decade-long mining boom.
Read more
have embarked on an infrastructure spending spree after years of
frugality, providing vital support to the broader economy as it
struggles through the dog days of a decade-long mining boom.
Read more
JetBlue to become first airline to operate U.S.-Cuba flights
HAVANA, July 28 (Reuters) - U.S. budget airline JetBlue
Airways Corp said on Thursday it would launch scheduled
commercial flights from the United States to Cuba on Aug. 31,
ahead of competitors that have also announced departure dates.
Read more
Airways Corp said on Thursday it would launch scheduled
commercial flights from the United States to Cuba on Aug. 31,
ahead of competitors that have also announced departure dates.
Read more
Islamic State releases new video of France church attacker
PARIS, July 28 (Reuters) - Islamic State's affiliated news
agency AMAQ on Thursday released a video purportedly showing one
of the two men who attacked a church in northern France this
week urging all Muslims to destroy the country.
Read more
agency AMAQ on Thursday released a video purportedly showing one
of the two men who attacked a church in northern France this
week urging all Muslims to destroy the country.
Read more
UPDATE 1-Brazil's Petrobras in talks to sell assets to Mexico's Alpek
SAO PAULO, July 28 (Reuters) - Brazil's state-run oil
company Petroleo Brasileiro SA said in a statement on
Thursday it is in exclusive talks for 60 days with Mexico's
Alpek over the potential sale of PetroquimicaSuape
and Citepe assets in Brazil's northeast.
Read more
company Petroleo Brasileiro SA said in a statement on
Thursday it is in exclusive talks for 60 days with Mexico's
Alpek over the potential sale of PetroquimicaSuape
and Citepe assets in Brazil's northeast.
Read more
UPDATE 1-Ferrovial says to offset Brexit effect by currency hedging
MADRID, July 28 (Reuters) - Spanish infrastructure and
services group Ferrovial said on Thursday it would
mitigate some of the impact of Brexit by currency hedging as it
reported a 29 percent drop in first-half net profit.
Read more
services group Ferrovial said on Thursday it would
mitigate some of the impact of Brexit by currency hedging as it
reported a 29 percent drop in first-half net profit.
Read more
WRAPUP 1-Oil industry suppliers see light at the end of the tunnel
OSLO/MILAN, July 28 (Reuters) - European suppliers to the
oil industry, hit by their customers' spending cutbacks over the
past two years, have produced stronger than expected
second-quarter earnings and are cautiously pointing to signs of
recovery in demand.
Read more
oil industry, hit by their customers' spending cutbacks over the
past two years, have produced stronger than expected
second-quarter earnings and are cautiously pointing to signs of
recovery in demand.
Read more
French airport group ADP says low-cost growth offsets weak Asia demand
PARIS, July 28 (Reuters) - French airport operator Groupe
ADP said its retail revenue fell in the first half as
attacks in Europe deterred travellers from Asia but confirmed
its forecast for traffic growth for the year thanks to growth by
low cost carriers.
Read more
ADP said its retail revenue fell in the first half as
attacks in Europe deterred travellers from Asia but confirmed
its forecast for traffic growth for the year thanks to growth by
low cost carriers.
Read more
UPDATE 2-Raytheon revenue tops estimates as smart bomb sales rise
* 2nd-qtr profit rises over 40 pct
(Adds CEO comment, conference call details; updates shares)
Read more
(Adds CEO comment, conference call details; updates shares)
Read more
Russia says United States stance on Syria allows terrorists to regroup - RIA
MOSCOW, July 28 (Reuters) - The United States has still not
differentiated between terrorists and the co-called moderate
opposition in Syria, which allows militants to prepare new
offensives, RIA news agency cited a Russian deputy foreign
minister as saying on Thursday.
Read more
differentiated between terrorists and the co-called moderate
opposition in Syria, which allows militants to prepare new
offensives, RIA news agency cited a Russian deputy foreign
minister as saying on Thursday.
Read more
Berkshire's Duracell to close S.Carolina plant, affecting 430 workers
July 28 (Reuters) - Duracell said it plans to close a
battery-making plant in South Carolina that employs 430 people,
making the announcement fewer than five months after being
acquired by Warren Buffett's Berkshire Hathaway Inc.
Read more
battery-making plant in South Carolina that employs 430 people,
making the announcement fewer than five months after being
acquired by Warren Buffett's Berkshire Hathaway Inc.
Read more
Mercedes rejects claims about 'misleading' self-driving car ads
FRANKFURT, July 28 (Reuters) - Mercedes-Benz has defended an
advertising campaign for its new E-Class against allegations
that consumers were being misled about the car's self-driving
capabilities, the latest backlash by consumer groups in the wake
of a fatal Tesla accident.
Read more
advertising campaign for its new E-Class against allegations
that consumers were being misled about the car's self-driving
capabilities, the latest backlash by consumer groups in the wake
of a fatal Tesla accident.
Read more
Study finds cosmic rays increased heart risks among Apollo astronauts
CAPE CANAVERAL, Fla., July 28 (Reuters) - Apollo astronauts
who ventured to the moon are at five times greater risk of dying
from heart disease than shuttle astronauts, U.S. researchers
said on Thursday, citing the dangers of cosmic radiation beyond
the Earth's magnetic field.
Read more
who ventured to the moon are at five times greater risk of dying
from heart disease than shuttle astronauts, U.S. researchers
said on Thursday, citing the dangers of cosmic radiation beyond
the Earth's magnetic field.
Read more
UPDATE 2-Avnet's $911 mln deal for Premier Farnell trumps rival bid
* Premier Farnell shares trade above offer price
(Adds company, analyst comments, background, updates share
prices)
Read more
(Adds company, analyst comments, background, updates share
prices)
Read more
UPDATE 2-Brexit shockwaves hit British jobs, consumer confidence
* Signs of slowdown raise expectations of Bank of England
action
(Updates with company results)
Read more
action
(Updates with company results)
Read more
Eramet sees progress in nickel rescue plan, shares slide
PARIS, July 28 (Reuters) - French mining group Eramet
says in results presentation on Thursday that a mix of
cost savings, divestment and extra financing including a
convertible bond issue will help its nickel unit in New
Caledonia stem heavy losses.
Read more
says in results presentation on Thursday that a mix of
cost savings, divestment and extra financing including a
convertible bond issue will help its nickel unit in New
Caledonia stem heavy losses.
Read more
Dow Chemical profit nearly triples on Dow Corning gain
July 28 (Reuters) - Dow Chemical Co's quarterly
profit nearly tripled, helped by a gain related to the
restructuring of the Dow Corning joint venture.
Read more
profit nearly tripled, helped by a gain related to the
restructuring of the Dow Corning joint venture.
Read more
Home flight simulator in MH370 captain's home plotted Indian Ocean course-JACC
SYDNEY, July 28 (Reuters) - A home flight simulator owned by
the pilot of missing Malaysia Airlines Flight MH370 was used to
plot a course to the southern Indian Ocean where the aircraft is
believed to have gone missing, the Australian agency in charge
of the search said on Thursday.
Read more
the pilot of missing Malaysia Airlines Flight MH370 was used to
plot a course to the southern Indian Ocean where the aircraft is
believed to have gone missing, the Australian agency in charge
of the search said on Thursday.
Read more
UPDATE 1-Second French church attacker was known to police - source
PARIS/SAINT-ETIENNE-DU-ROUVRAY, France, July 28 (Reuters) -
T he second teenager involved in the killing of a priest in a
church in France this week was a 19-year-old who was known to
security services as a potential Islamist militant, police and
judicial sources said on Thursday.
Read more
T he second teenager involved in the killing of a priest in a
church in France this week was a 19-year-old who was known to
security services as a potential Islamist militant, police and
judicial sources said on Thursday.
Read more
Japan bourse CEO: Glaucus' action "ethically questionable"
TOKYO, July 28 (Reuters) - The head of Japan Exchange Group
Inc said on Thursday it was "ethically questionable"
for Glaucus Research Group to release a negative report on a
company after short-selling its stock.
Read more
Inc said on Thursday it was "ethically questionable"
for Glaucus Research Group to release a negative report on a
company after short-selling its stock.
Read more
Inside China Vanke's power struggle: an unlisted insurer
HONG KONG, July 28 (Reuters) - Unlisted Chinese insurance
companies are using risky products to chase equity-like returns,
stoking concerns of a systemic risk in the industry if stock
markets fall.
Read more
companies are using risky products to chase equity-like returns,
stoking concerns of a systemic risk in the industry if stock
markets fall.
Read more
Avnet offers to buy UK's Premier Farnell for $911 mln
July 28 (Reuters) - U.S. electric component distributor
Avnet Inc agreed to buy Britain's Premier Farnell Plc
for 691 million pounds ($910.7 million) in cash,
becoming the second suitor for the mini-computer maker.
Read more
Avnet Inc agreed to buy Britain's Premier Farnell Plc
for 691 million pounds ($910.7 million) in cash,
becoming the second suitor for the mini-computer maker.
Read more
Wednesday, July 27, 2016
UPDATE 1-Technip upgrades 2016 target, costs savings ahead of schedule
PARIS, July 28 (Reuters) - French oil services company
Technip said on Thursday plans to cut spending due to
the fall in oil prices were ahead of schedule as it reported
better-than-expected second quarter revenue.
Read more
Technip said on Thursday plans to cut spending due to
the fall in oil prices were ahead of schedule as it reported
better-than-expected second quarter revenue.
Read more
S.Korea June dept store sales surge to over 5-yr high on MERS base effect
SEOUL, July 28 (Reuters) - South Korea's department store
sales accelerated to a more than five year high in June, trade
ministry data showed on Thursday, thanks to a weak comparison
base stemming from last year's Middle East Respiratory Syndrome
(MERS) outbreak.
Read more
sales accelerated to a more than five year high in June, trade
ministry data showed on Thursday, thanks to a weak comparison
base stemming from last year's Middle East Respiratory Syndrome
(MERS) outbreak.
Read more
UPDATE 1-Virgin Australia full-year loss widens on restructuring charges
SYDNEY, July 28 (Reuters) - Australia's No. 2 airline Virgin
Australia Ltd said on Thursday its full-year net loss
more than doubled from a year ago, hurt by the one-off costs of
a restructure to cut capacity amid stiff competition.
Read more
Australia Ltd said on Thursday its full-year net loss
more than doubled from a year ago, hurt by the one-off costs of
a restructure to cut capacity amid stiff competition.
Read more
U.S. theory on Democratic Party breach: Hackers meant to leave Russia's mark
WASHINGTON, July 27 (Reuters) - Some U.S. intelligence
officials suspect that Russian hackers who broke into Democratic
Party computers may have deliberately left digital fingerprints
to show Moscow is a "cyberpower" that Washington should respect.
Read more
officials suspect that Russian hackers who broke into Democratic
Party computers may have deliberately left digital fingerprints
to show Moscow is a "cyberpower" that Washington should respect.
Read more
Samsung Elec says Q2 profit up 18 pct vs year earlier
SEOUL, July 28 (Reuters) - South Korean tech giant Samsung
Electronics Co Ltd said on Thursday its
second-quarter operating profit rose 18 percent from a year
earlier to its best in more than two years, propelled by a
pickup in smartphone earnings.
Read more
Electronics Co Ltd said on Thursday its
second-quarter operating profit rose 18 percent from a year
earlier to its best in more than two years, propelled by a
pickup in smartphone earnings.
Read more
UPDATE 1-BHP Billiton adds to red ink for 2016 with $1 bln-plus Brazil charge
MELBOURNE, July 28 (Reuters) - BHP Billiton
will book a charge of up to $1.3 billion to cover the costs of a
dam disaster last November at the Samarco iron ore mine in
Brazil, putting it on course to report its worst ever annual
loss.
Read more
will book a charge of up to $1.3 billion to cover the costs of a
dam disaster last November at the Samarco iron ore mine in
Brazil, putting it on course to report its worst ever annual
loss.
Read more
UPDATE 1-Washington's Union Station evacuated due to bomb threat -police
WASHINGTON, July 27 (Reuters) - Washington's main railway
terminal, Union Station, was evacuated on Wednesday because of a
bomb threat, a police officer told Reuters.
Read more
terminal, Union Station, was evacuated on Wednesday because of a
bomb threat, a police officer told Reuters.
Read more
UPDATE 2-Teva, Allergan win U.S. antitrust approval for generics deal
WASHINGTON, July 27 (Reuters) - Teva Pharmaceutical
Industries Ltd won U.S. antitrust approval to purchase
Allergan Plc's generics business, after agreeing to
divest 79 generic drugs to rival firms, the Federal Trade
Commission said on Wednesday.
Read more
Industries Ltd won U.S. antitrust approval to purchase
Allergan Plc's generics business, after agreeing to
divest 79 generic drugs to rival firms, the Federal Trade
Commission said on Wednesday.
Read more
UPDATE 4-Boeing posts lower-than-expected 2nd-qtr loss, stock gains
NEW YORK, July 27 (Reuters) - Boeing Co reported a
smaller-than-expected second-quarter loss on Wednesday,
cushioned by strong performances in its jetliner and defense
businesses.
Read more
smaller-than-expected second-quarter loss on Wednesday,
cushioned by strong performances in its jetliner and defense
businesses.
Read more
UPDATE 1-Russia beefs up military on southwestern flank as NATO approaches
MOSCOW, July 27 (Reuters) - Russia has strengthened its
southwestern flank as NATO builds up its military presence and
Ukraine remains unstable, Russian Defence Minister Sergei Shoigu
said on Wednesday in remarks the United States called contrary
to efforts to lower tensions.
Read more
southwestern flank as NATO builds up its military presence and
Ukraine remains unstable, Russian Defence Minister Sergei Shoigu
said on Wednesday in remarks the United States called contrary
to efforts to lower tensions.
Read more
UPDATE 3-Mexico's Cemex to slash debt faster as profit beats expectations
July 27 (Reuters) - Mexico's Cemex, one of the world's
largest cement producers, on Wednesday said it aims to cut debt
over the next two years more than it previously planned as it
reported that its quarterly profit unexpectedly surged by 81
percent.
Read more
largest cement producers, on Wednesday said it aims to cut debt
over the next two years more than it previously planned as it
reported that its quarterly profit unexpectedly surged by 81
percent.
Read more
Hochtief H1 orders grow 12 pct on overseas projects
BERLIN, July 27 (Reuters) - German construction firm
Hochtief reported a 12 percent rise in first-half
orders, helped by projects in the United States, Australia and
Britain.
Read more
Hochtief reported a 12 percent rise in first-half
orders, helped by projects in the United States, Australia and
Britain.
Read more
UPDATE 3-Hilton cuts forecast for key revenue measure again
* Shares fall as much as 3 pct
(Adds comments from conference call, updates share movement)
Read more
(Adds comments from conference call, updates share movement)
Read more
Austria to extradite Pakistani over suspected Paris attack links
VIENNA, July 27 (Reuters) - A Pakistani man suspected of
links to the jihadists who killed 130 people in Paris in
November will be extradited to France, an Austrian court
spokesman said on Wednesday.
Read more
links to the jihadists who killed 130 people in Paris in
November will be extradited to France, an Austrian court
spokesman said on Wednesday.
Read more
Daimler says battery advances make electric trucks viable
FRANKFURT, July 27 (Reuters) - Daimler has
unveiled an electric truck capable of transporting up to 25
tonnes, putting zero-emission vehicles on a par with
conventional-engine variants in terms of payload and
performance.
Read more
unveiled an electric truck capable of transporting up to 25
tonnes, putting zero-emission vehicles on a par with
conventional-engine variants in terms of payload and
performance.
Read more
UPDATE 3-Freight declines drive drop in Norfolk Southern profit
CHICAGO, July 27 (Reuters) - Norfolk Southern Corp,
the No. 4 U.S. railroad, on Wednesday reported a lower quarterly
net profit due to a 7 percent drop in freight volumes, but the
results just exceeded market expectations because of cost
cutting and efficiency measures.
Read more
the No. 4 U.S. railroad, on Wednesday reported a lower quarterly
net profit due to a 7 percent drop in freight volumes, but the
results just exceeded market expectations because of cost
cutting and efficiency measures.
Read more
BUZZ-Goodyear Tire & Rubber Co: Q2 profit beats on cost cuts
July 27 (Reuters) - ** U.S. tire maker's shares
up 2.6 pct at $28.63, set to open at more than two-month high
Read more
up 2.6 pct at $28.63, set to open at more than two-month high
Read more
Cambodia says urged ASEAN to avoid words that would "escalate tension"
PHNOM PENH, July 27 (Reuters) - Cambodia advised a grouping
of South East Asian nations to avoid using words that "would
escalate tension between China and the Philippines" in a weekend
statement, the country's foreign ministry said on Wednesday.
Read more
of South East Asian nations to avoid using words that "would
escalate tension between China and the Philippines" in a weekend
statement, the country's foreign ministry said on Wednesday.
Read more
False alarm triggered Geneva airport security alert -prosecutors
ZURICH, July 27 (Reuters) - A security alert at Geneva's
Cointrin airport on Wednesday was triggered by a false alarm,
prosecutors said.
Read more
Cointrin airport on Wednesday was triggered by a false alarm,
prosecutors said.
Read more
Boeing reports quarterly loss hit by charges
July 27 (Reuters) - Boeing Co reported its first
quarterly loss in nearly seven years, hit by charges related to
the 787, 747 and KC-46 tanker aircraft programs.
Read more
quarterly loss in nearly seven years, hit by charges related to
the 787, 747 and KC-46 tanker aircraft programs.
Read more
General Dynamics revenue falls 2.8 percent
July 27 (Reuters) - General Dynamics Corp, maker of
Gulfstream jets, tanks and U.S. Navy ships, reported a 2.8
percent decline in quarterly revenue, hurt by lower sales in its
combat systems and aerospace businesses.
Read more
Gulfstream jets, tanks and U.S. Navy ships, reported a 2.8
percent decline in quarterly revenue, hurt by lower sales in its
combat systems and aerospace businesses.
Read more
UPDATE 1-Northrop Grumman raises profit forecast again
July 27 (Reuters) - Northrop Grumman Corp reported
better-than-expected quarterly revenue and profit, helped by
higher deliveries of F-35 fighter jets, and the company raised
its full-year profit forecast for the second time.
Read more
better-than-expected quarterly revenue and profit, helped by
higher deliveries of F-35 fighter jets, and the company raised
its full-year profit forecast for the second time.
Read more
UPDATE 1-Mexican cement producer Cemex's profit jumps 16 pct
July 27 (Reuters) - Mexico's Cemex, one of the
world's largest cement producers, reported a jump in
second-quarter profit, boosted by sales in the United States and
Mexico.
Read more
world's largest cement producers, reported a jump in
second-quarter profit, boosted by sales in the United States and
Mexico.
Read more
UPDATE 2-Air France-KLM says attacks hitting revenue
* Shares rise after Q2 earnings beat expectations
(Adds shares, CFO comments, analyst comment)
Read more
(Adds shares, CFO comments, analyst comment)
Read more
Air France-KLM sees cabin strike costing more than 40 mln eur
PARIS, July 27 (Reuters) - A week-long strike by cabin crew
at Air France could cost more than 40 million euros
($44 million), the chief financial officer of the carrier's
parent group said on Wednesday.
Read more
at Air France could cost more than 40 million euros
($44 million), the chief financial officer of the carrier's
parent group said on Wednesday.
Read more
Hong Kong shares close up 0.4 pct despite China tumble
SHANGHAI, July 27 (Reuters) - Hong Kong shares finished
modestly higher on Wednesday, shaking off sharp losses in
mainland China markets.
Read more
modestly higher on Wednesday, shaking off sharp losses in
mainland China markets.
Read more
Former lawmaker was one of AU base suicide bombers in Somalia - al Shabaab
MOGADISHU, July 27 (Reuters) - A former Islamist lawmaker
turned al Shabaab militant was one of the drivers in Tuesday's
double car bomb attack on the African Union's main peacekeeping
base in Somalia, al Shabaab said.
Read more
turned al Shabaab militant was one of the drivers in Tuesday's
double car bomb attack on the African Union's main peacekeeping
base in Somalia, al Shabaab said.
Read more
UPDATE 2-Malaysia Airlines orders Boeing 737 MAX jets in $5.5 bln deal
* Airline CEO says aiming to tap capital markets by March
2019
(Adds CEO comment from news conference)
Read more
2019
(Adds CEO comment from news conference)
Read more
Capita says uncertainty up after Brexit; decisions delayed
July 27 (Reuters) - British outsourcing group Capita Plc
said it was seeing some delays in decision-making in the
short term due to the impact of the UK's vote to leave the EU.
Read more
said it was seeing some delays in decision-making in the
short term due to the impact of the UK's vote to leave the EU.
Read more
Pakistani Taliban claim responsibility for Karachi military killings
DERA ISMAIL KHAN, Pakistan, July 27 (Reuters) - A Pakistani
Taliban faction has claimed responsibility for Tuesday's killing
of two military officers in the southern city of Karachi, a
spokesman for the Islamist group said.
Read more
Taliban faction has claimed responsibility for Tuesday's killing
of two military officers in the southern city of Karachi, a
spokesman for the Islamist group said.
Read more
Tuesday, July 26, 2016
UPDATE 1-China offers more funds for 'difficult' steel cuts - state planner
BEIJING/SHANGHAI, July 27 (Reuters) - China is facing
extreme difficulties in its bid reduce overcapacity in the steel
industry and will provide more funds to help handle layoffs and
debts, the country's state planner said in a statement on its
website on Wednesday.
Read more
extreme difficulties in its bid reduce overcapacity in the steel
industry and will provide more funds to help handle layoffs and
debts, the country's state planner said in a statement on its
website on Wednesday.
Read more
Arcadis core earnings fall on Brexit, Brazil recession
AMSTERDAM, July 27 (Reuters) - Dutch engineering consultancy
Arcadis saw a sharp fall in core earnings in the
second quarter, missing consensus, as delayed investments in the
run-up to Britain's European Union membership referendum and
Brazil's recession hit revenue.
Read more
Arcadis saw a sharp fall in core earnings in the
second quarter, missing consensus, as delayed investments in the
run-up to Britain's European Union membership referendum and
Brazil's recession hit revenue.
Read more
UPDATE 1-Philippines says omission of arbitration ruling in ASEAN statement not a Chinese victory
MANILA, July 27 (Reuters) - The Philippines "vigorously
pushed" for the inclusion of a arbitration ruling in a joint
statement among Southeast Asian countries but its failure to
secure that was no diplomatic win for China, Manila's foreign
minister said on Wednesday.
Read more
pushed" for the inclusion of a arbitration ruling in a joint
statement among Southeast Asian countries but its failure to
secure that was no diplomatic win for China, Manila's foreign
minister said on Wednesday.
Read more
Kerry says satisfied by ASEAN statement supporting rule of law
MANILA, July 27 (Reuters) - U.S. Secretary of State John
Kerry said on Wednesday he was very satisfied that Southeast
Asian countries could issue a joint communique that championed
the rule of law, and its omission of reference to an arbitration
case on the South China Sea did not detract from its importance.
Read more
Kerry said on Wednesday he was very satisfied that Southeast
Asian countries could issue a joint communique that championed
the rule of law, and its omission of reference to an arbitration
case on the South China Sea did not detract from its importance.
Read more
UPDATE 3-Tesla's Musk sees 'modest' capital raise for next strategic turn
SPARKS, Nevada, July 26 (Reuters) - Tesla Motors Inc's
next strategic turn could cost the electric car maker
"tens of billions" of dollars over the long term, but will
likely require only a "modest" capital raise, Chief Executive
Elon Musk said on Tuesday.
Read more
next strategic turn could cost the electric car maker
"tens of billions" of dollars over the long term, but will
likely require only a "modest" capital raise, Chief Executive
Elon Musk said on Tuesday.
Read more
S.Korea stocks, won hold steady ahead of Fed, BOJ
* KOSPI likely to head up after FOMC, BOJ meetings - analyst
* Offshore investors set to mark 15th straight buying
session
SEOUL, July 27 (Reuters) - South Korean shares and the won
treaded water early on Wednesday, as market participants
stayed on the sidelines ahead of the U.S. Federal Reserve's
policy decision later in the global day.
The Korea Composite Stock Price Index (KOSPI) was
down 0.1 percent at 2,024.88 points as of 0214 GMT.
The won was quoted at 1,133.9 to the dol
Read more
* Offshore investors set to mark 15th straight buying
session
SEOUL, July 27 (Reuters) - South Korean shares and the won
treaded water early on Wednesday, as market participants
stayed on the sidelines ahead of the U.S. Federal Reserve's
policy decision later in the global day.
The Korea Composite Stock Price Index (KOSPI) was
down 0.1 percent at 2,024.88 points as of 0214 GMT.
The won was quoted at 1,133.9 to the dol
Read more
RPT-Losing the X-factor: Hyundai fumbles in U.S. as former hit car Elantra stalls
SEOUL, July 27 (Reuters) - At last February's Super Bowl,
Hyundai Motor hired 'X-Men' movie star Ryan Reynolds
for an ad plugging the new version of its Elantra sedan. Not in
the script: a slide in first-half sales of the South Korean
automaker's U.S. mainstay.
Read more
Hyundai Motor hired 'X-Men' movie star Ryan Reynolds
for an ad plugging the new version of its Elantra sedan. Not in
the script: a slide in first-half sales of the South Korean
automaker's U.S. mainstay.
Read more
Philippines says omission of arbitration ruling in ASEAN statement not victory for China
MANILA, July 27 (Reuters) - The Philippines "vigorously
pushed" for the inclusion of a arbitration ruling in an ASEAN
statement but the grouping's decision not to mention it was not
a victory for China, Manila's foreign minister said on
Wednesday.
Read more
pushed" for the inclusion of a arbitration ruling in an ASEAN
statement but the grouping's decision not to mention it was not
a victory for China, Manila's foreign minister said on
Wednesday.
Read more
Itochu shares fall after Glaucus criticises accounting practice
TOKYO, July 27 (Reuters) - Shares of Japan's Itochu Corp
skidded after activist short-seller Glaucus Research
Group released a report early on Wednesday criticising the
Japanese trading company's accounting.
Read more
skidded after activist short-seller Glaucus Research
Group released a report early on Wednesday criticising the
Japanese trading company's accounting.
Read more
UPDATE 1-LG Display to invest $1.75 bln for flexible OLED screens
* LG building a new production line in South Korea
(Adds comments from LG Display, background)
Read more
(Adds comments from LG Display, background)
Read more
LG Display says to invest $1.75 bln to boost OLED display production
SEOUL, July 27 (Reuters) - South Korea's LG Display Co Ltd
said on Wednesday it will invest 1.99 trillion won
($1.75 billion) to build a new small- to medium-sized organic
light-emitting diode (OLED) display production line in South
Korea.
Read more
said on Wednesday it will invest 1.99 trillion won
($1.75 billion) to build a new small- to medium-sized organic
light-emitting diode (OLED) display production line in South
Korea.
Read more
UPDATE 2-OHL says it is in talks with fund over Mexico unit buyout
MADRID, July 26 (Reuters) - Spanish construction group OHL
confirmed on Tuesday it was in preliminary talks with
an unnamed investment fund over a joint bid to take its Mexican
unit private.
Read more
confirmed on Tuesday it was in preliminary talks with
an unnamed investment fund over a joint bid to take its Mexican
unit private.
Read more
UPDATE 2-Fiat Chrysler revamps U.S. sales reporting amid federal probes
July 26 (Reuters) - Fiat Chrysler Automobiles
announced changes in the way it reports U.S. vehicle
sales on Tuesday amid an investigation by federal authorities
into claims of inflated sales figures.
Read more
announced changes in the way it reports U.S. vehicle
sales on Tuesday amid an investigation by federal authorities
into claims of inflated sales figures.
Read more
UPDATE 2-Nidec seen as frontrunner for Emerson's motor unit - sources
July 26 (Reuters) - Japan's Nidec Corp has emerged
as the frontrunner to buy Emerson Electric Co's motors
and drives unit in a deal estimated to be about $1 billion,
according to two sources familiar with the matter.
Read more
as the frontrunner to buy Emerson Electric Co's motors
and drives unit in a deal estimated to be about $1 billion,
according to two sources familiar with the matter.
Read more
Losing the X-factor: Hyundai fumbles in U.S. as former hit car Elantra stalls
SEOUL, July 27 (Reuters) - At last February's Super Bowl,
Hyundai Motor hired 'X-Men' movie star Ryan Reynolds
for an ad plugging the new version of its Elantra sedan. Not in
the script: a slide in first-half sales of the South Korean
automaker's U.S. mainstay.
Read more
Hyundai Motor hired 'X-Men' movie star Ryan Reynolds
for an ad plugging the new version of its Elantra sedan. Not in
the script: a slide in first-half sales of the South Korean
automaker's U.S. mainstay.
Read more
UPDATE 1-U.S. report says Tesla driver speeding in fatal Autopilot crash
WASHINGTON, July 26 (Reuters) - A driver killed in the May 7
crash of a Tesla Motors Inc car while using Autopilot
driving-assist software was speeding, U.S. highway safety
investigators said on Tuesday in a preliminary report that did
not state a probable cause.
Read more
crash of a Tesla Motors Inc car while using Autopilot
driving-assist software was speeding, U.S. highway safety
investigators said on Tuesday in a preliminary report that did
not state a probable cause.
Read more
UPDATE 3-WestJet Airlines profit slumps, but beats estimates
July 26 (Reuters) - WestJet Airlines Ltd's
quarterly profit slumped 40.5 percent and the carrier said
Tuesday that costs would rise this year due to the timing of
maintenance expenses on its widebody aircraft and extra charges
incurred on a new London route.
Read more
quarterly profit slumped 40.5 percent and the carrier said
Tuesday that costs would rise this year due to the timing of
maintenance expenses on its widebody aircraft and extra charges
incurred on a new London route.
Read more
Bulgaria softens tone but still points finger at Russian aircraft
SOFIA, July 26 (Reuters) - Bulgaria toned down its criticism
of Moscow on Tuesday, saying Russian aircraft had not been
involved in violations of its air space but once again blamed
Russia for not observing international norms in aviation.
Read more
of Moscow on Tuesday, saying Russian aircraft had not been
involved in violations of its air space but once again blamed
Russia for not observing international norms in aviation.
Read more
EXCLUSIVE-EU to seek arbitration in dispute with United States over Norwegian Air-sources
BRUSSELS, July 26 (Reuters) - The European Commission will
launch an arbitration procedure to resolve a dispute between
Norwegian Air Shuttle and U.S. regulators over the
budget carrier's wish to fly to the United States from Ireland,
two sources said.
Read more
launch an arbitration procedure to resolve a dispute between
Norwegian Air Shuttle and U.S. regulators over the
budget carrier's wish to fly to the United States from Ireland,
two sources said.
Read more
Nidec said to be frontrunner for Emerson's motor unit - sources
July 26 (Reuters) - Japan's Nidec Corp is the
leading bidder for Emerson Electric Co's motors and
drives unit in a sale that may fetch about $1 billion, according
to two sources familiar with the matter.
Read more
leading bidder for Emerson Electric Co's motors and
drives unit in a sale that may fetch about $1 billion, according
to two sources familiar with the matter.
Read more
UPDATE 4-U.S. says backs resumption of China-Philippines talks on South China Sea
* Philippines says dispute does not involve United States
(Adds Philippine ex-president to start informal talks, fresh
Wang quote, Japan statement)
Read more
(Adds Philippine ex-president to start informal talks, fresh
Wang quote, Japan statement)
Read more
UPDATE 3-Caterpillar shares up on earnings beat; cuts 2016 outlook
July 26 (Reuters) - Caterpillar Inc reported
better-than-expected second quarter earnings on Tuesday, lifting
its shares, but the heavy machinery maker also lowered its
full-year forecast amid sluggish demand in mining and other
industries.
Read more
better-than-expected second quarter earnings on Tuesday, lifting
its shares, but the heavy machinery maker also lowered its
full-year forecast amid sluggish demand in mining and other
industries.
Read more
Germans full of fear, need answers after Islamist attacks -Bavaria premier
ST. QUIRIN, Germany, July 26 (Reuters) - Germans are full of
fear and need answers from their politicians after four violent
attacks in less than a week, two of which have been linked to
Islamistic terrorism, Bavarian state premier Horst Seehofer said
on Tuesday.
Read more
fear and need answers from their politicians after four violent
attacks in less than a week, two of which have been linked to
Islamistic terrorism, Bavarian state premier Horst Seehofer said
on Tuesday.
Read more
French police arrest one in relation to church attack - source
PARIS, July 26 (Reuters) - French police have arrested one
person in connection with the knife attack in a church in
northern France, a source close to the inquiry said on Tuesday.
Read more
person in connection with the knife attack in a church in
northern France, a source close to the inquiry said on Tuesday.
Read more
UPDATE 1-Post-it notes maker 3M's sales miss; lowers forecast
July 26 (Reuters) - 3M Co, the maker of Scotch tape
and Post-it notes, reported lower-than-expected quarterly net
sales and cut its full-year sales forecast, citing slow global
economic growth.
Read more
and Post-it notes, reported lower-than-expected quarterly net
sales and cut its full-year sales forecast, citing slow global
economic growth.
Read more
UPDATE 1-Putin and Erdogan to meet next month amid growing rapprochement
MOSCOW, July 26 (Reuters) - Russian President Vladimir Putin
will meet his Turkish counterpart Tayyip Erdogan next month for
the first time in almost a year, a sign that a rapprochement
between the two nations is gathering pace.
Read more
will meet his Turkish counterpart Tayyip Erdogan next month for
the first time in almost a year, a sign that a rapprochement
between the two nations is gathering pace.
Read more
WestJet Airlines' profit plunges 40.5 pct as costs rise
July 26 (Reuters) - Canada's WestJet Airlines Ltd
reported a 40.5 percent fall in quarterly profit as higher costs
squeezed margins.
Read more
reported a 40.5 percent fall in quarterly profit as higher costs
squeezed margins.
Read more
UPDATE 2-Chinese miners call for anti-dumping probe into iron ore imports
SHANGHAI, July 26 (Reuters) - Chinese iron ore miners have
called for an anti-dumping investigation into imports of the
steelmaking raw material from top suppliers Australia and
Brazil.
Read more
called for an anti-dumping investigation into imports of the
steelmaking raw material from top suppliers Australia and
Brazil.
Read more
UPDATE 1-UK engineer GKN sticks to 2016 forecast, to cut costs
LONDON, July 26 (Reuters) - British engineer GKN is
sticking to a forecast for 2016 to show good growth, shrugging
off uncertainty caused by the Brexit vote, and will cut 30
million pounds ($39 million) of costs to help stay competitive,
it said on Tuesday.
Read more
sticking to a forecast for 2016 to show good growth, shrugging
off uncertainty caused by the Brexit vote, and will cut 30
million pounds ($39 million) of costs to help stay competitive,
it said on Tuesday.
Read more
UPDATE 2-Two attackers "neutralised", one hostage killed in France church attack
PARIS, July 26 (Reuters) - French police "neutralised" two
men armed with blades who had taken several people hostage in a
church in northern France on Tuesday, the police said.
Read more
men armed with blades who had taken several people hostage in a
church in northern France on Tuesday, the police said.
Read more
China's Hebei to cut more than 31 mln T of iron, steel capacity in 2016
BEIJING, July 26 (Reuters) - China's top steelmaking
province Hebei plans to cut more than 31 million tonnes of
combined iron and steel production capacity in 2016, the
official Xinhua news agency reported on Tuesday.
Read more
province Hebei plans to cut more than 31 million tonnes of
combined iron and steel production capacity in 2016, the
official Xinhua news agency reported on Tuesday.
Read more
China joins UN trucking treaty, stepping onto new Silk Road
GENEVA, July 26 (Reuters) - China has taken a major step
towards establishing a speedy new "Silk Road" to Europe by
signing up to a U.N. trucking treaty.
Read more
towards establishing a speedy new "Silk Road" to Europe by
signing up to a U.N. trucking treaty.
Read more
UPDATE 1-China asks U.S. to support resumption of talks with Philippines
BEIJING/VIENTIANE, July 26 (Reuters) - China's foreign
minister has asked U.S. Secretary of State John Kerry to support
the resumption of talks between China and the Philippines over
the South China Sea, following a ruling against Beijing over the
dispute earlier this month.
Read more
minister has asked U.S. Secretary of State John Kerry to support
the resumption of talks between China and the Philippines over
the South China Sea, following a ruling against Beijing over the
dispute earlier this month.
Read more
Monday, July 25, 2016
UPDATE 1-China's Nanjing city researches licence plate restriction policy
BEIJING, July 26 (Reuters) - China's eastern Nanjing city is
studying whether to restrict the issuance of vehicle licence
plates, a policy enacted in other major cities that is blamed
for severely curtailing car sales, according to a government
report posted Monday.
Read more
studying whether to restrict the issuance of vehicle licence
plates, a policy enacted in other major cities that is blamed
for severely curtailing car sales, according to a government
report posted Monday.
Read more
DEAKTALK-An arranged marriage in China's steel industry troubled from the start
SHANGHAI, July 26 (Reuters) - It may be the Chinese
government's idea of creative destruction.
Read more
government's idea of creative destruction.
Read more
Hyundai Motor Q2 net profit slips 2.6 pct in 10th straight quarterly drop
SEOUL, July 26 (Reuters) - South Korean automaker Hyundai
Motor said on Tuesday its second-quarter net profit
fell 3 percent, its 10th straight quarterly drop, as it soaked
up stiff competition and shrinking demand for its mainstay
sedans in the United States and at home.
Read more
Motor said on Tuesday its second-quarter net profit
fell 3 percent, its 10th straight quarterly drop, as it soaked
up stiff competition and shrinking demand for its mainstay
sedans in the United States and at home.
Read more
China asks U.S. to support resumption of talks with Philippines
BEIJING, July 26 (Reuters) - China's foreign minister has
asked the U.S. secretary of state John Kerry to support the
resumption of talks between China and the Philippines over the
South China Sea, following a ruling against Beijing over the
dispute earlier this month.
Read more
asked the U.S. secretary of state John Kerry to support the
resumption of talks between China and the Philippines over the
South China Sea, following a ruling against Beijing over the
dispute earlier this month.
Read more
Solar-powered plane circles globe, returns to UAE
ABU DHABI, July 26 (Reuters) - A solar-powered aircraft
successfully completed the first fuel-free flight around the
world on Tuesday, returning to Abu Dhabi after an epic 16-month
voyage and demonstrating the potential of renewable energy.
Read more
successfully completed the first fuel-free flight around the
world on Tuesday, returning to Abu Dhabi after an epic 16-month
voyage and demonstrating the potential of renewable energy.
Read more
SK Hynix Q2 profit down 67 pct on weak chip prices
SEOUL, July 26 (Reuters) - South Korean memory chip maker SK
Hynix Inc said on Tuesday its second-quarter
operating profit fell 67 percent from a year earlier, its lowest
in more than three years as weak demand for consumer electronics
weighed on chip prices.
Read more
Hynix Inc said on Tuesday its second-quarter
operating profit fell 67 percent from a year earlier, its lowest
in more than three years as weak demand for consumer electronics
weighed on chip prices.
Read more
Amazon gets permission from UK to explore drone deliveries
July 25 (Reuters) - Amazon.com Inc said on Monday
it has entered into a partnership with the British government to
speed up the process for allowing small drones to makes
deliveries.
Read more
it has entered into a partnership with the British government to
speed up the process for allowing small drones to makes
deliveries.
Read more
Ship hits wall of Panama Canal, renews design concerns
HOUSTON, July 25 (Reuters) - A Chinese container ship hit a
wall of the new lane of the Panama Canal, a Canal Authority
official and a local ship agent said on Monday, the third such
incident since the expanded waterway opened one month ago amid
design concerns.
Read more
wall of the new lane of the Panama Canal, a Canal Authority
official and a local ship agent said on Monday, the third such
incident since the expanded waterway opened one month ago amid
design concerns.
Read more
UPDATE 1-CN Rail earnings slip as shipments fall
TORONTO, July 25 (Reuters) - Canadian National Railway Co
reported slightly lower second quarter earnings on
Monday as a decline in shipments cut into revenue, but said it
expects volumes to improve in the months ahead.
Read more
reported slightly lower second quarter earnings on
Monday as a decline in shipments cut into revenue, but said it
expects volumes to improve in the months ahead.
Read more
Russia denies its aircraft violated Bulgarian airspace
MOSCOW, July 25 (Reuters) - Russia on Monday rejected
allegations by Bulgaria that its aircraft had been involved in
violations of Bulgarian airspace, Russian news agencies
reported.
Read more
allegations by Bulgaria that its aircraft had been involved in
violations of Bulgarian airspace, Russian news agencies
reported.
Read more
MOVES-Former Wal-Mart CFO Holley to join Deloitte as adviser
July 25 (Reuters) - Wal-Mart Stores Inc's former
chief financial officer, Charles Holley, will join Deloitte LLP,
the U.S. arm of Deloitte Touche Tohmasu Ltd as an independent
senior adviser, the auditing firm said on Monday.
Read more
chief financial officer, Charles Holley, will join Deloitte LLP,
the U.S. arm of Deloitte Touche Tohmasu Ltd as an independent
senior adviser, the auditing firm said on Monday.
Read more
UPDATE 1-Aurelius rallies Oi bondholders as bankruptcy battle looms
SAO PAULO, July 25 (Reuters) - Aurelius Capital Management
LP has contacted bondholders in Oi SA's
Netherlands-based units to challenge the basis of a prior
restructuring accord that substantially lowered the recovery
value of their bonds, seeking to gain clout in Brazil's
biggest-ever bankruptcy reorganization.
Read more
LP has contacted bondholders in Oi SA's
Netherlands-based units to challenge the basis of a prior
restructuring accord that substantially lowered the recovery
value of their bonds, seeking to gain clout in Brazil's
biggest-ever bankruptcy reorganization.
Read more
U.S., Mexico air transport accord enters in force, seen boosting travel
WASHINGTON, July 25 (Reuters) - The United States and Mexico
agreed to put into force a new air transportation agreement that
is expected to boost travel and clear the way for any city to
have direct airline service to the neighboring nation, the U.S.
Transportation Department said on Monday.
Read more
agreed to put into force a new air transportation agreement that
is expected to boost travel and clear the way for any city to
have direct airline service to the neighboring nation, the U.S.
Transportation Department said on Monday.
Read more
UPDATE 2-EPA clears path to regulate carbon emissions from U.S. aircraft
WASHINGTON, July 25 (Reuters) - The U.S. Environmental
Protection Agency on Monday finalized its determination that
greenhouse gases from airplanes endanger public health, a
decision that requires the agency to regulate emissions from
U.S. aircraft.
Read more
Protection Agency on Monday finalized its determination that
greenhouse gases from airplanes endanger public health, a
decision that requires the agency to regulate emissions from
U.S. aircraft.
Read more
UPDATE 1-Spain registers first case in Europe of baby born with Zika-related defect
MADRID, July 25 (Reuters) - Spain has recorded the first
case in Europe of a baby born with the microcephaly birth defect
associated with the Zika virus, Spanish health authorities said
on Monday.
Read more
case in Europe of a baby born with the microcephaly birth defect
associated with the Zika virus, Spanish health authorities said
on Monday.
Read more
UPDATE 1-Milan closes central metro station after suspicious package found -officials
MILAN, July 25 (Reuters) - The underground service at
Milan's central station was halted on Monday after a suspect
package was found, a spokesman for the local transport authority
said.
Read more
Milan's central station was halted on Monday after a suspect
package was found, a spokesman for the local transport authority
said.
Read more
Judge bans Uber use of background checks in NY lawsuit
NEW YORK, July 25 (Reuters) - A federal judge on Monday
banned Uber Technologies Inc and its Chief Executive Travis
Kalanick from using information obtained by an investigative
firm in a background check of a plaintiff who brought a
price-fixing lawsuit.
Read more
banned Uber Technologies Inc and its Chief Executive Travis
Kalanick from using information obtained by an investigative
firm in a background check of a plaintiff who brought a
price-fixing lawsuit.
Read more
CORRECTED-Canada to phase out older crude-by-rail tank cars early
TORONTO, July 25 (Reuters) - Canada will take older tank
cars out of crude-by-rail service months earlier than originally
planned, the government said on Monday, its latest move to
toughen rail safety in the wake of a deadly 2013 crash.
Read more
cars out of crude-by-rail service months earlier than originally
planned, the government said on Monday, its latest move to
toughen rail safety in the wake of a deadly 2013 crash.
Read more
UPDATE 1-Canada to phase out older crude-by-rail tank cars by November
TORONTO, July 25 (Reuters) - Canada will take older tank
cars out of crude-by-rail service months earlier than originally
planned, the government said on Monday, its latest move to
toughen rail safety in the wake of a deadly 2013 crash.
Read more
cars out of crude-by-rail service months earlier than originally
planned, the government said on Monday, its latest move to
toughen rail safety in the wake of a deadly 2013 crash.
Read more
UPDATE 1-E*Trade to buy online brokerage OptionsHouse for $725 mln
July 25 (Reuters) - E*Trade Financial Corp said it
would buy the parent of online brokerage OptionsHouse for $725
million in cash, as the company looks to better compete in
derivatives trading.
Read more
would buy the parent of online brokerage OptionsHouse for $725
million in cash, as the company looks to better compete in
derivatives trading.
Read more
Turkish Airlines sacks 211 employees after failed coup attempt
ISTANBUL, July 25 (Reuters) - Turkey's state-run Turkish
Airlines said on Monday it had fired 211 employees,
citing their links to a religious movement President Tayyip
Erdogan has blamed for the failed attempt to overthrow the
government on July 15.
Read more
Airlines said on Monday it had fired 211 employees,
citing their links to a religious movement President Tayyip
Erdogan has blamed for the failed attempt to overthrow the
government on July 15.
Read more
Sprint reports bigger quarterly loss
July 25 (Reuters) - Sprint Corp, the No.4 U.S.
wireless carrier, reported a bigger quarterly loss as the
company provided heavy discounts to attract customers.
Read more
wireless carrier, reported a bigger quarterly loss as the
company provided heavy discounts to attract customers.
Read more
China Vanke tussle is big test for new securities regulator
HONG KONG, July 25 (Reuters) - A bitter shareholder row at
China's largest property developer is a first big test for the
country's new securities chief, appointed earlier this year to
heal the wounds of last year's stock market meltdown and restore
investor confidence.
Read more
China's largest property developer is a first big test for the
country's new securities chief, appointed earlier this year to
heal the wounds of last year's stock market meltdown and restore
investor confidence.
Read more
UPDATE 1-Speedy Hire's largest investor seeks chairman's ouster
July 25 (Reuters) - Speedy Hire Plc's largest
investor, Toscafund Asset Management LLP, has called for the
removal of the industrial tools and equipment rental company's
executive chairman.
Read more
investor, Toscafund Asset Management LLP, has called for the
removal of the industrial tools and equipment rental company's
executive chairman.
Read more
UPDATE 1-China says S.Korea's THAAD anti-missile decision harms foundation of trust
SEOUL, July 25 (Reuters) - Chinese Foreign Minister Wang Yi
has criticised South Korea's move to deploy an advanced U.S.
anti-missile defence system to counter threats from North Korea,
saying it harmed the foundation of their mutual trust, news
reports said on Monday.
Read more
has criticised South Korea's move to deploy an advanced U.S.
anti-missile defence system to counter threats from North Korea,
saying it harmed the foundation of their mutual trust, news
reports said on Monday.
Read more
SoftBank's robot Pepper to be rolled out in Taiwan later this year
TAIPEI, July 25 (Reuters) - SoftBank Corp's
human-like robot Pepper will be rolled out in Taiwan later this
year with about 100 rented units making their appearance in some
banks and Carrefour SA shops, executives handling
Pepper's sales in the island said on Monday.
Read more
human-like robot Pepper will be rolled out in Taiwan later this
year with about 100 rented units making their appearance in some
banks and Carrefour SA shops, executives handling
Pepper's sales in the island said on Monday.
Read more
CORRECTED-Speedy Hire investor Toscafund calls for removal of executive chairman
July 25 (Reuters) - Hire group Speedy Hire Plc said
investor Toscafund Asset Management LLP has requested a general
meeting to call for the removal of Executive Chairman Jan
Astrand.
Read more
investor Toscafund Asset Management LLP has requested a general
meeting to call for the removal of Executive Chairman Jan
Astrand.
Read more
China calls for tension over South China Sea to be toned down
VIENTIANE, July 25 (Reuters) - International tension over
maritime disputes in the South China Sea should be toned down,
China's Foreign Minister said on Monday, after a "deeply flawed"
international court ruled against Beijing's expansive claims in
the South China Sea.
Read more
maritime disputes in the South China Sea should be toned down,
China's Foreign Minister said on Monday, after a "deeply flawed"
international court ruled against Beijing's expansive claims in
the South China Sea.
Read more
China, ASEAN say to exercise restraint in S.China Sea
VIENTIANE, July 25 (Reuters) - China and members of the
Association of South East Asian Nations (ASEAN) agreed on Monday
to exercise self-restraint in activities that would complicate
or escalate disputes in the South China Sea.
Read more
Association of South East Asian Nations (ASEAN) agreed on Monday
to exercise self-restraint in activities that would complicate
or escalate disputes in the South China Sea.
Read more
Sunday, July 24, 2016
UPDATE 1-Ryanair says on track for record profit, but Brexit risks linger
* Increases FY passenger forecast to 117 mln from 116 mln
(Adds CEO quote, change to fares, passenger numbers forecast)
Read more
(Adds CEO quote, change to fares, passenger numbers forecast)
Read more
RPT-Corporate raiders seek Brexit bargains in Britain
LONDON, July 24 (Reuters) - Overseas buyers lured by a
plunge in the pound are looking to snare British companies on
the cheap, ensuring a steady flow of deals since Britain voted
to leave the European Union and defying expectations of an M&A
drought.
Read more
plunge in the pound are looking to snare British companies on
the cheap, ensuring a steady flow of deals since Britain voted
to leave the European Union and defying expectations of an M&A
drought.
Read more
China stocks mixed in range-bound trade; Hong Kong edges lower
SHANGHAI, July 25 (Reuters) - China stocks were mixed in
narrow trade on Monday due to a lack of market cues while Hong
Kong shares were seen consolidating recent gains.
Read more
narrow trade on Monday due to a lack of market cues while Hong
Kong shares were seen consolidating recent gains.
Read more
Ryanair says it's still on track for record profit despite Brexit hit
DUBLIN, July 25 (Reuters) - Budget carrier Ryanair Holdings
PLC said on Monday it remains on track to post its
highest-ever profit this year, despite Britain's vote to leave
the European Union, but said it will seek to cushion
uncertainties that lie ahead by shifting capacity away from
Britain starting this winter.
Read more
PLC said on Monday it remains on track to post its
highest-ever profit this year, despite Britain's vote to leave
the European Union, but said it will seek to cushion
uncertainties that lie ahead by shifting capacity away from
Britain starting this winter.
Read more
China says S.Korea's THAAD anti-missile decision harms foundation of trust
SEOUL, July 25 (Reuters) - Chinese Foreign Minister Wang Yi
has criticised South Korea's move to deploy an advanced U.S.
anti-missile defence system to counter threats from North Korea,
saying it harmed the foundation of their mutual trust, news
reports said on Monday.
Read more
has criticised South Korea's move to deploy an advanced U.S.
anti-missile defence system to counter threats from North Korea,
saying it harmed the foundation of their mutual trust, news
reports said on Monday.
Read more
RPT-COLUMN-New faces in LME warehousing but old hands still dominate: Andy Home
LONDON, July 22 (Reuters) - The number of London Metal
Exchange (LME) physical storage units continues to decline in
tandem with falling registered stocks.
Read more
Exchange (LME) physical storage units continues to decline in
tandem with falling registered stocks.
Read more
UPDATE 1-Olympics-Rio scrambles to be ready as athletes, soldiers arrive
RIO DE JANEIRO, July 24 (Reuters) - Tens of thousands of armed troops fanned out across Rio de Janeiro and local organizers faced a rebellion by Australia about unfinished living accommodations as athletes began to move in Sunday for the first Olympics ever in South America.
Read more
Read more
Olympics-Rio scrambles to be ready as athletes, soldiers arrive
RIO DE JANEIRO, July 24 (Reuters) - Tens of thousands of armed troops fanned out across Rio de Janeiro and local organizers faced a rebellion by Australia about unfinished living accommodations as athletes began to move in Sunday for the first Olympics ever in South America.
Read more
Read more
UPDATE 1-ASEAN deadlocked on South China Sea, Cambodia blocks statement
* ASEAN hopes to agree on statement in next two days
(Adds comment from Indonesian and Chinese foreign ministers,)
Read more
(Adds comment from Indonesian and Chinese foreign ministers,)
Read more
Bulgaria calls rise in airspace violations by Russian aircraft a "provocation"
SOFIA, July 24 (Reuters) - Bulgaria's defence minister said
on Sunday there had been a rise in violations of its airspace by
Russian military and commercial aircraft in the past month,
calling the alleged breaches a "provocations toward Bulgaria
and its air forces".
Read more
on Sunday there had been a rise in violations of its airspace by
Russian military and commercial aircraft in the past month,
calling the alleged breaches a "provocations toward Bulgaria
and its air forces".
Read more
Olympics-The easiest thing to win at Rio Games? A ticket.
NEW YORK, July 24 (Reuters) - Over the past few weeks, one
U.S. marketing executive's phone has been ringing hot with
offers that many sports fans could only dream of: an
all-expenses-paid trip to watch the Olympic Games in Rio de
Janeiro next month.
Read more
U.S. marketing executive's phone has been ringing hot with
offers that many sports fans could only dream of: an
all-expenses-paid trip to watch the Olympic Games in Rio de
Janeiro next month.
Read more
Solar plane takes off from Egypt on final leg of world tour
CAIRO, July 24 (Reuters) - An aircraft powered by solar
energy left Egypt on Sunday on the last leg of the first ever
fuel-free flight around the globe.
Read more
energy left Egypt on Sunday on the last leg of the first ever
fuel-free flight around the globe.
Read more
Corporate raiders seek Brexit bargains in Britain
LONDON, July 24 (Reuters) - Overseas buyers lured by a
plunge in the pound are looking to snare British companies on
the cheap, ensuring a steady flow of deals since Britain voted
to leave the European Union and defying expectations of an M&A
drought.
Read more
plunge in the pound are looking to snare British companies on
the cheap, ensuring a steady flow of deals since Britain voted
to leave the European Union and defying expectations of an M&A
drought.
Read more
Saturday, July 23, 2016
UPDATE 2-Suicide bombers at Kabul demonstration kill at least 29
* Protest over route of multimillion dollar power line
project
(Releads after explosion, adds background, details)
Read more
project
(Releads after explosion, adds background, details)
Read more
India searches for missing air force plane, no wreckage found
MUMBAI, July 23 (Reuters) - Indian ships and aircraft
searched on Saturday for an air force plane that went missing
over the Bay of Bengal with 29 people on board the previous day,
with no indication what happened to the aircraft or sign of
wreckage, the defence ministry said.
Read more
searched on Saturday for an air force plane that went missing
over the Bay of Bengal with 29 people on board the previous day,
with no indication what happened to the aircraft or sign of
wreckage, the defence ministry said.
Read more
Friday, July 22, 2016
First baby with Zika-related birth defect born in New York City
July 22 (Reuters) - New York City has reported its first
case of a baby born with the birth defect microcephaly related
to exposure to the Zika virus, health officials said on Friday.
Read more
case of a baby born with the birth defect microcephaly related
to exposure to the Zika virus, health officials said on Friday.
Read more
U.S. to complete key step for regulating aircraft emissions -sources
WASHINGTON, July 22 (Reuters) - The Environmental Protection
Agency will as soon as Monday finalize a scientific finding that
greenhouse gases from aviation endanger human health, obligating
the United States to regulate emissions from commercial
aircraft, sources told Reuters.
Read more
Agency will as soon as Monday finalize a scientific finding that
greenhouse gases from aviation endanger human health, obligating
the United States to regulate emissions from commercial
aircraft, sources told Reuters.
Read more
INTERVIEW-Mexico lacks majority of land for special economic zones
MEXICO CITY, July 22 (Reuters) - At least half the land
needed to create Mexico's new special economic zones is not
federally owned, and will need to be acquired in some way, the
official assigned to develop them said on Friday, ruling out
expropriations.
Read more
needed to create Mexico's new special economic zones is not
federally owned, and will need to be acquired in some way, the
official assigned to develop them said on Friday, ruling out
expropriations.
Read more
Ivory Coast parliament votes to hold referendum on new constitution
ABIDJAN, July 22 (Reuters) - Ivory Coast's parliament on
Friday voted overwhelmingly in favour of holding a referendum on
a new constitution that would among other measures remove a
controversial nationality clause that contributed to years of
unrest and civil war.
Read more
Friday voted overwhelmingly in favour of holding a referendum on
a new constitution that would among other measures remove a
controversial nationality clause that contributed to years of
unrest and civil war.
Read more
UPDATE 1-Obama denies any U.S. involvement in attempted Turkey coup
WASHINGTON, July 22 (Reuters) - President Barack Obama on
Friday said the United States strongly supports Turkey's
democratically elected government, but that any extradition
request for a U.S.-based Muslim cleric accused of being involved
in last week's attempted coup will have to go through normal
channels.
Read more
Friday said the United States strongly supports Turkey's
democratically elected government, but that any extradition
request for a U.S.-based Muslim cleric accused of being involved
in last week's attempted coup will have to go through normal
channels.
Read more
REFILE-S&P 500 companies start facing up to the potential Brexit costs
SAN FRANCISCO/NEW YORK, July 22 (Reuters) - U.S. companies,
facing investors in their first earnings reporting season since
Great Britain voted to leave the European Union, are broadly
conceding that the so-called "Brexit" could weigh on profits.
Read more
facing investors in their first earnings reporting season since
Great Britain voted to leave the European Union, are broadly
conceding that the so-called "Brexit" could weigh on profits.
Read more
Employees still hiding out inside Munich shopping mall
MUNICH, July 22 (Reuters) - Staff in the German shopping
mall where shooting broke out are still hiding, an employee told
Reuters by telephone.
Read more
mall where shooting broke out are still hiding, an employee told
Reuters by telephone.
Read more
Turkey must present evidence to extradite U.S.-based cleric -Obama
WASHINGTON, July 22 (Reuters) - President Barack Obama said
on Friday he has told Turkish President Tayyip Erdogan that
Ankara must present evidence if it wants to extradite a
U.S.-based Muslim cleric that Erdogan has accused of being
involved last week's attempted coup.
Read more
on Friday he has told Turkish President Tayyip Erdogan that
Ankara must present evidence if it wants to extradite a
U.S.-based Muslim cleric that Erdogan has accused of being
involved last week's attempted coup.
Read more
UPDATE 4-GE reports weak demand for oil, transport equipment; profit beats
NEW YORK, July 22 (Reuters) - General Electric Co on
Friday reported weak demand for new oil, gas and transportation
equipment, raising concerns about its full-year performance and
sending its shares down as much as 2.8 percent.
Read more
Friday reported weak demand for new oil, gas and transportation
equipment, raising concerns about its full-year performance and
sending its shares down as much as 2.8 percent.
Read more
Bodies of migrants brought to Italy; survivors tell of struggle
ROME, July 22 (Reuters) - The bodies of 21 women and one man
were brought ashore to Sicily on Friday as fellow migrants
described scenes of panic and violence when water poured into
their dinghy.
Read more
were brought ashore to Sicily on Friday as fellow migrants
described scenes of panic and violence when water poured into
their dinghy.
Read more
UPDATE 1-S&P 500 companies start facing up to the potential Brexit costs
SAN FRANCISCO/NEW YORK, July 22 (Reuters) - U.S. companies,
facing investors in their first profit reporting season since
Great Britain voted to leave the European Union, are broadly
conceding that the so-called "Brexit" could weigh on earnings.
Read more
facing investors in their first profit reporting season since
Great Britain voted to leave the European Union, are broadly
conceding that the so-called "Brexit" could weigh on earnings.
Read more
REFILE-UPDATE 2-Honeywell cuts 2016 sales forecast, shares fall
July 22 (Reuters) - Honeywell International Inc cut
its full-year sales forecast and reported lower-than-expected
quarterly revenue as sales in its aerospace division
unexpectedly declined.
Read more
its full-year sales forecast and reported lower-than-expected
quarterly revenue as sales in its aerospace division
unexpectedly declined.
Read more
UPDATE 2-Indian military plane with 29 on board missing in Bay of Bengal
NEW DELHI/MUMBAI July 22 (Reuters) - An Indian air force
plane carrying 29 people went missing on Friday on a flight to a
remote island chain in the Bay of Bengal, the Defence Ministry
said.
Read more
plane carrying 29 people went missing on Friday on a flight to a
remote island chain in the Bay of Bengal, the Defence Ministry
said.
Read more
COLUMN-New faces in LME warehousing but old hands still dominate: Andy Home
LONDON, July 22 (Reuters) - The number of London Metal
Exchange (LME) physical storage units continues to decline in
tandem with falling registered stocks.
Read more
Exchange (LME) physical storage units continues to decline in
tandem with falling registered stocks.
Read more
EQT launches sale of part of Bilfinger unit weeks after purchase -sources
FRANKFURT, July 22 (Reuters) - Swedish private equity group
EQT has put up for sale part of the real estate services
business it bought from Germany's Bilfinger for 1.2
billion euros ($1.3 bln) less than two months ago, two sources
close to the matter said.
Read more
EQT has put up for sale part of the real estate services
business it bought from Germany's Bilfinger for 1.2
billion euros ($1.3 bln) less than two months ago, two sources
close to the matter said.
Read more
American Airlines quarterly profit plunges 44 pct
July 22 (Reuters) - American Airlines Group Inc's
quarterly profit plunged 44 percent, hurt by a big provision for
income tax.
Read more
quarterly profit plunged 44 percent, hurt by a big provision for
income tax.
Read more
Textron profit rises 6 pct on stronger demand for business jets
July 22 (Reuters) - Cessna aircraft maker Textron Inc
reported a 6 percent rise in second-quarter profit on
Friday, helped by strong demand for business jets.
Read more
reported a 6 percent rise in second-quarter profit on
Friday, helped by strong demand for business jets.
Read more
UPDATE 2-Britain's economy wilting fast after Brexit vote, may prompt more spending
* Hammond signals fiscal "reset", pressure on BoE to act
(Recasts, wrapping in politics, Hammond, analysts)
Read more
(Recasts, wrapping in politics, Hammond, analysts)
Read more
Japan business lobby says Abe govt can't rely on nuclear energy
TOKYO, July 22 (Reuters) - Japan's use of nuclear power is
unlikely to meet a government target of returning to near
pre-Fukushima levels and the world's No.3 economy needs to get
serious about boosting renewables, a senior executive at a top
business lobby said.
Read more
unlikely to meet a government target of returning to near
pre-Fukushima levels and the world's No.3 economy needs to get
serious about boosting renewables, a senior executive at a top
business lobby said.
Read more
Hong Kong shares join others in Asia, follow Wall Street down
July 22 (Reuters) - Hong Kong shares finished down on Friday
as Asian shares slid after weak corporate earnings halted Wall
Street's record run.
Read more
as Asian shares slid after weak corporate earnings halted Wall
Street's record run.
Read more
UPDATE 2-Thales H1 sales and profits up, maintains targets
PARIS, July 22 (Reuters) - French defence and electronics
company Thales on Friday posted stronger-than-expected
underlying sales and profits for the first half of 2016, but
warned these would not set the pace for the rest of the year as
it maintained cautious forecasts.
Read more
company Thales on Friday posted stronger-than-expected
underlying sales and profits for the first half of 2016, but
warned these would not set the pace for the rest of the year as
it maintained cautious forecasts.
Read more
Flight MH370 search to be "suspended" if not found in current search area
KUALA LUMPUR, July 22 (Reuters) - The search for missing
Malaysia Airlines Flight MH370 will be "suspended" if the plane
is not found in the current search area, a statement issued to
the next of kin seen by Reuters said on Friday.
Read more
Malaysia Airlines Flight MH370 will be "suspended" if the plane
is not found in the current search area, a statement issued to
the next of kin seen by Reuters said on Friday.
Read more
Thursday, July 21, 2016
UPDATE 1-Kia Motors expected to pick site for first India plant next month -sources
* Kia in talks with three Indian states - sources
(Adds details on company strategy, India market)
Read more
(Adds details on company strategy, India market)
Read more
RPT-German firms hold off UK investments ahead of Brexit talks
BERLIN, July 21 (Reuters) - Some German companies are
holding off making investments in Britain until they know more
about the relationship the country will forge with the rest of
Europe following the Brexit vote.
Read more
holding off making investments in Britain until they know more
about the relationship the country will forge with the rest of
Europe following the Brexit vote.
Read more
S&P 500 companies start facing up to the potential Brexit costs
SAN FRANCISCO/NEW YORK, July 22 (Reuters) - U.S. companies,
facing investors in their first earnings reporting season since
Great Britain voted to leave the European Union, are broadly
conceding that the so-called "Brexit" could weigh on profits.
Read more
facing investors in their first earnings reporting season since
Great Britain voted to leave the European Union, are broadly
conceding that the so-called "Brexit" could weigh on profits.
Read more
Thales H1 sales and profits up, maintains targets
NEW YORK, July 22 (Reuters) - France's defence and
electronics company Thales on Friday posted
stronger-than-expected underlying sales and profits for the
first half of 2016, but reaffirmed its full-year forecasts,
suggesting a lower rate of growth in the second half.
Read more
electronics company Thales on Friday posted
stronger-than-expected underlying sales and profits for the
first half of 2016, but reaffirmed its full-year forecasts,
suggesting a lower rate of growth in the second half.
Read more
UPDATE 2-Samsung Elec sues Huawei in China for patent infringement
* Firms not motivated by money, will eventually settle
-analyst
(Updates with comments from Huawei, background)
Read more
-analyst
(Updates with comments from Huawei, background)
Read more
Samsung Elec sues Huawei in China for patent infringement
SEOUL, July 22 (Reuters) - Tech giant Samsung Electronics Co
Ltd said on Friday it sued smartphone rival Huawei
Technologies Co Ltd for patent infringements through
multiple courts in China, escalating a legal conflict between
the two companies.
Read more
Ltd said on Friday it sued smartphone rival Huawei
Technologies Co Ltd for patent infringements through
multiple courts in China, escalating a legal conflict between
the two companies.
Read more
UPDATE 1-PayPal announces Visa partnership; earnings rise
July 21 (Reuters) - PayPal Holdings Inc on Thursday
showed strong growth in its online payments business, meeting
Wall Street expectations on earnings and announcing a
partnership with Visa Inc that is expected to bring a
significant revenue increase.
Read more
showed strong growth in its online payments business, meeting
Wall Street expectations on earnings and announcing a
partnership with Visa Inc that is expected to bring a
significant revenue increase.
Read more
UPDATE 1-Visa profit tops estimates; sets $5 bln buyback
July 21 (Reuters) - Visa Inc, the world's largest
payments network operator, reported a higher-than-expected
quarterly profit and announced a $5 billion share buyback
program.
Read more
payments network operator, reported a higher-than-expected
quarterly profit and announced a $5 billion share buyback
program.
Read more
UPDATE 1-Boeing to take more than $2 bln in accounting charges
July 21 (Reuters) - Boeing Co said on Thursday it
will take more than $2 billion in accounting charges related to
the 787, 747 and KC-46 tanker aircraft program when it reports
second-quarter results on Wednesday.
Read more
will take more than $2 billion in accounting charges related to
the 787, 747 and KC-46 tanker aircraft program when it reports
second-quarter results on Wednesday.
Read more
UPDATE 2-NATO commitment has no caveats -British defense secretary
WASHINGTON, July 21 (Reuters) - NATO's mutual defense
guarantee is a commitment that comes without any "conditions or
caveats," British Defence Secretary Michael Fallon said on
Thursday.
Read more
guarantee is a commitment that comes without any "conditions or
caveats," British Defence Secretary Michael Fallon said on
Thursday.
Read more
Odebrecht Peru deal hits snag as banks fret over $4.1 bln loan -sources
SAO PAULO/LIMA, July 21 (Reuters) - Lenders could accelerate
the disbursement of a $4.125 billion loan to Peruvian gas
pipeline operator Gasoducto Sur Peruano GSP SA if Brazilian
engineering group Odebrecht SA fully exits the project
overseeing the construction of the pipelines, three people
familiar with the matter said on Thursday.
Read more
the disbursement of a $4.125 billion loan to Peruvian gas
pipeline operator Gasoducto Sur Peruano GSP SA if Brazilian
engineering group Odebrecht SA fully exits the project
overseeing the construction of the pipelines, three people
familiar with the matter said on Thursday.
Read more
UPDATE 1-U.S. CEOs back board diversity, GAAP adherence in reform push
BOSTON, July 21 (Reuters) - Leaders of top U.S. companies
and investment firms on Thursday released a set of governance
recommendations meant to encourage long-term economic growth, an
unusual step that drew mixed reviews from advocates of deeper
corporate reforms.
Read more
and investment firms on Thursday released a set of governance
recommendations meant to encourage long-term economic growth, an
unusual step that drew mixed reviews from advocates of deeper
corporate reforms.
Read more
UPDATE 3-Johnson Controls earnings beat; Tyco closing moved up
July 21 (Reuters) - Johnson Controls Inc, a
multi-industry U.S. manufacturer, on Thursday reported
higher-than-expected quarterly earnings and said it would
complete its purchase of Tyco International Plc sooner
than planned.
Read more
multi-industry U.S. manufacturer, on Thursday reported
higher-than-expected quarterly earnings and said it would
complete its purchase of Tyco International Plc sooner
than planned.
Read more
UPDATE 2-Sri Lanka's cash-strapped airline may lease four planes to Pakistan
COLOMBO, July 21 (Reuters) - Sri Lanka's cash-strapped
national airline is in talks to lease four of its Airbus A330
planes to Pakistan International Airlines Corp, a
government minister said on Thursday, months after cancelling an
order for four Airbus A350 aircraft.
Read more
national airline is in talks to lease four of its Airbus A330
planes to Pakistan International Airlines Corp, a
government minister said on Thursday, months after cancelling an
order for four Airbus A350 aircraft.
Read more
UPDATE 1-Dassault Aviation H1 profit down, cuts Falcon delivery forecast
PARIS, July 21 (Reuters) - Dassault Aviation on
Thursday posted lower first-half operating income and revenue,
hurt by a battle over prices in the weak business jet market,
and reduced its forecast for Falcon business jet deliveries to
50 aircraft from 60 for 2016.
Read more
Thursday posted lower first-half operating income and revenue,
hurt by a battle over prices in the weak business jet market,
and reduced its forecast for Falcon business jet deliveries to
50 aircraft from 60 for 2016.
Read more
UPDATE 1-Union Pacific CEO says 2016 freight volumes could drop 6-8 pct
CHICAGO, July 21 (Reuters) - Full-year 2016 freight volumes
at Union Pacific Corp could fall between 6 percent and 8
percent from 2015, driven by declining coal volumes, weak shale
oil business and the strong U.S. dollar, the company's top
executive said on Thursday.
Read more
at Union Pacific Corp could fall between 6 percent and 8
percent from 2015, driven by declining coal volumes, weak shale
oil business and the strong U.S. dollar, the company's top
executive said on Thursday.
Read more
Dassault Aviation H1 profit down, cuts Falcon delivery forecast
PARIS, July 21 (Reuters) - Dassault Aviation on
Thursday posted lower first-half operating income and revenues,
driven in part by pricing pressure on its business jet division,
and reduced its forecast for Falcon business jet deliveries to
50 aircraft from 60 for 2016.
Read more
Thursday posted lower first-half operating income and revenues,
driven in part by pricing pressure on its business jet division,
and reduced its forecast for Falcon business jet deliveries to
50 aircraft from 60 for 2016.
Read more
UPDATE 3-PulteGroup's profit beats; settles with activist fund Elliott
* Shares rise as much as 4.6 pct
(Adds details about appointment of directors, CEO comment;
updates shares)
Read more
(Adds details about appointment of directors, CEO comment;
updates shares)
Read more
France to reveal buyers of Lyon, Nice airports by end-July - sources
PARIS, July 21 (Reuters) - France will announce the winning
bidders in the privatisation of Lyon and Nice airports around
the end of next week, several sources close to the matter said
on Thursday.
Read more
bidders in the privatisation of Lyon and Nice airports around
the end of next week, several sources close to the matter said
on Thursday.
Read more
"Do more," families of MH370 passengers tell Malaysia, China
KUALA LUMPUR, July 21 (Reuters) - Relatives of people aboard
the missing Malaysia Airlines flight MH370 urged governments on
Thursday to step up the hunt for the aircraft, a day before a
meeting where ministers could decide to call off the search.
Read more
the missing Malaysia Airlines flight MH370 urged governments on
Thursday to step up the hunt for the aircraft, a day before a
meeting where ministers could decide to call off the search.
Read more
REFILE-Indians help build Cuba hotels as foreign labor ban weakens
July 21 (Reuters) - French construction group Bouygues
is employing more than 100 Indian laborers to work on
a hotel it is building in Cuba, breaking a taboo in the
Communist-run country on hiring foreign labor in order to meet
increased tourism demand.
Read more
is employing more than 100 Indian laborers to work on
a hotel it is building in Cuba, breaking a taboo in the
Communist-run country on hiring foreign labor in order to meet
increased tourism demand.
Read more
UPDATE 2-Union Pacific profit falls, sees tough market for rest of 2016
CHICAGO, July 21 (Reuters) - Union Pacific Corp on
Thursday reported a lower quarterly net profit that was hurt by
falling freight volumes, especially coal, and warned the strong
U.S. dollar, soft global economy and weak consumer demand would
keep weighing on the No. 1 U.S. railroad's business in the
second half of 2016.
Read more
Thursday reported a lower quarterly net profit that was hurt by
falling freight volumes, especially coal, and warned the strong
U.S. dollar, soft global economy and weak consumer demand would
keep weighing on the No. 1 U.S. railroad's business in the
second half of 2016.
Read more
Sri Lanka's cash-strapped airline may lease four planes to Pakistan
COLOMBO, July 21 (Reuters) - Sri Lanka's cash-strapped
national airline is in talks to lease four of its Airbus A330
planes to Pakistan International Airlines Corp, a
government minister said on Thursday, months after cancelling an
order for four Airbus A350 aircraft.
Read more
national airline is in talks to lease four of its Airbus A330
planes to Pakistan International Airlines Corp, a
government minister said on Thursday, months after cancelling an
order for four Airbus A350 aircraft.
Read more
REFILE-Johnson Controls posts lower quarterly net income
July 21 (Reuters) - Johnson Controls Inc, a
multi-industry U.S. manufacturer, reported lower quarterly net
income on Thursday as sales in its automotive interiors segment
slipped.
Read more
multi-industry U.S. manufacturer, reported lower quarterly net
income on Thursday as sales in its automotive interiors segment
slipped.
Read more
UPDATE 2-Southwest Air forecasts fall in third-quarter unit revenue
July 21 (Reuters) - Southwest Airlines Co reported a
lower-than-expected quarterly profit as costs rose and the
budget airline forecast a drop in a key profitability metric for
the third quarter.
Read more
lower-than-expected quarterly profit as costs rose and the
budget airline forecast a drop in a key profitability metric for
the third quarter.
Read more
Samsung Electronics buys $450 mln stake in Chinese electric car firm BYD
BEIJING, July 21 (Reuters) - Samsung Electronics
is to pay 3 billion yuan ($450 million) for a stake in Chinese
automaker and rechargeable batteries firm BYD Co Ltd
, the Chinese company said in a stock exchange filing
on Thursday.
Read more
is to pay 3 billion yuan ($450 million) for a stake in Chinese
automaker and rechargeable batteries firm BYD Co Ltd
, the Chinese company said in a stock exchange filing
on Thursday.
Read more
Fastjet to raise up to 19.2 mln stg through share issue
July 21 (Reuters) - African budget airline Fastjet Plc
said it would raise up to 19.2 million pounds ($25.3
million) through a share issue.
Read more
said it would raise up to 19.2 million pounds ($25.3
million) through a share issue.
Read more
RPT-Silicon Valley's Yahoo diaspora mourns company's decline
SAN FRANCISCO July 21 (Reuters) - Former Yahoo executive Dan
Rosensweig has not worked at the pioneering internet company in
nearly a decade.
Read more
Rosensweig has not worked at the pioneering internet company in
nearly a decade.
Read more
UPDATE 2-Komatsu to buy U.S. mining equipment rival Joy Global in $3.7 bln deal
* Latest Japanese outbound deal as strong yen increases
firepower
(Adds details, analyst comment)
Read more
firepower
(Adds details, analyst comment)
Read more
U.S. ship visit set to end standoff with New Zealand over nuclear policy
WELLINGTON, July 21 (Reuters) - The U.S. Navy plans to send
a ship to New Zealand in November, Prime Minister John Key said
on Thursday, formally ending a standoff over the Pacific
nation's anti-nuclear policy that dates back more than 30 years.
Read more
a ship to New Zealand in November, Prime Minister John Key said
on Thursday, formally ending a standoff over the Pacific
nation's anti-nuclear policy that dates back more than 30 years.
Read more
UPDATE 1-S.Korea's Park calls for unity over THAAD deployment
SEOUL, July 21 (Reuters) - South Korean President Park
Geun-hye said on Thursday the move to deploy a THAAD missile
defence system was "inevitable" because of a growing threat from
North Korea and that division in the South over its deployment
is what Pyongyang seeks.
Read more
Geun-hye said on Thursday the move to deploy a THAAD missile
defence system was "inevitable" because of a growing threat from
North Korea and that division in the South over its deployment
is what Pyongyang seeks.
Read more
Daimler CEO says does not see Brexit impacting demand
FRANKFURT, July 21 (Reuters) - Daimler Chief
Executive Dieter Zetsche said the maker of luxury cars and
trucks did not expect Britain's decision to leave the European
Union to have any impact on demand.
Read more
Executive Dieter Zetsche said the maker of luxury cars and
trucks did not expect Britain's decision to leave the European
Union to have any impact on demand.
Read more
Vanke seals deal with Blackstone, chips in $583 mln
HONG KONG, July 21 (Reuters) - Developer China Vanke Co Ltd
said on Thursday it and its partners have sealed a
$1.9 billion deal with Blackstone Group LP and third
parties, with itself putting in 3.89 billion yuan ($583.02
million) to buy their property firms.
Read more
said on Thursday it and its partners have sealed a
$1.9 billion deal with Blackstone Group LP and third
parties, with itself putting in 3.89 billion yuan ($583.02
million) to buy their property firms.
Read more
Wednesday, July 20, 2016
China stocks rise at midday as investors hunt for bargains
SHANGHAI, July 21 (Reuters) - China stocks rose on Thursday
as investors went bargain hunting for mainland shares which sold
off over the past five sessions, despite a global equity rally
which has taken many other indexes sharply higher.
Read more
as investors went bargain hunting for mainland shares which sold
off over the past five sessions, despite a global equity rally
which has taken many other indexes sharply higher.
Read more
S.Korea's Park calls for unity over THAAD deployment
SEOUL, July 21 (Reuters) - South Korean President Park
Geun-hye said on Thursday the move to deploy a THAAD missile
defence system was "inevitable" because of a growing threat from
North Korea and that division in the South over its deployment
is what Pyongyang seeks.
Read more
Geun-hye said on Thursday the move to deploy a THAAD missile
defence system was "inevitable" because of a growing threat from
North Korea and that division in the South over its deployment
is what Pyongyang seeks.
Read more
We've been looking in the wrong place, MH370 search team says
SYDNEY, July 21 (Reuters) - Top searchers at the Dutch
company leading the underwater hunt for Malaysia Airlines jet
MH370 say they believe the plane may have glided down rather
than dived in the final moments, meaning they have been scouring
the wrong patch of ocean for two years.
Read more
company leading the underwater hunt for Malaysia Airlines jet
MH370 say they believe the plane may have glided down rather
than dived in the final moments, meaning they have been scouring
the wrong patch of ocean for two years.
Read more
China eyes eight cruise ships to serve South China Sea
BEIJING, July 21 (Reuters) - Up to eight Chinese ships will
offer cruises to the South China Sea over the next five years, a
state-run newspaper said on Thursday, as Beijing continues to
promote tourism to the disputed waters.
Read more
offer cruises to the South China Sea over the next five years, a
state-run newspaper said on Thursday, as Beijing continues to
promote tourism to the disputed waters.
Read more
CORRECTED-From Pyongyang with love: North Korea restarts coded spy broadcasts
SEOUL, July 20 (Reuters) - "Now we'll begin a mathematics
review assignment for members of the 27th expeditionary unit of
the distance learning university," the woman's voice crackled
over the radio.
Read more
review assignment for members of the 27th expeditionary unit of
the distance learning university," the woman's voice crackled
over the radio.
Read more
Los Angeles airport approves Delta terminal plan
July 20 (Reuters) - Delta Air Lines Inc said its
$1.9 billion plan to upgrade its terminals at Los Angeles
International Airport were approved by the airport on Wednesday.
Read more
$1.9 billion plan to upgrade its terminals at Los Angeles
International Airport were approved by the airport on Wednesday.
Read more
UPDATE 1-U.S. indicts KAT file sharing owner for copyright infringement
CHICAGO, July 20 (Reuters) - The owner of file-sharing
website KAT was indicted in the United States on Wednesday for
copyright infringement related to the distribution of more than
$1 billion worth of movies, video games, music recordings and
other content, U.S. justice officials said.
Read more
website KAT was indicted in the United States on Wednesday for
copyright infringement related to the distribution of more than
$1 billion worth of movies, video games, music recordings and
other content, U.S. justice officials said.
Read more
UPDATE 2-Bodies of 21 women, one man found on migrant boat in Mediterranean -MSF
ROME, July 20 (Reuters) - The bodies of 21 women and one man
were found on a rubber dinghy adrift near the Libyan coast on
Wednesday, just hours after they had set sail for Italy,
humanitarian group Medecins Sans Frontieres (MSF) said.
Read more
were found on a rubber dinghy adrift near the Libyan coast on
Wednesday, just hours after they had set sail for Italy,
humanitarian group Medecins Sans Frontieres (MSF) said.
Read more
UPDATE 1-U.S. says large residential washers from China dumped in US
WASHINGTON, July 20 (Reuters) - The U.S. Commerce Department
said in a statement on Wednesday it had determined that large
residential washers from China had been dumped in the United
States.
Read more
said in a statement on Wednesday it had determined that large
residential washers from China had been dumped in the United
States.
Read more
UPDATE 1-AmEx profit beats estimates on strength in overseas market
July 20 (Reuters) - Credit card issuer American Express Co
reported a better-than-expected quarterly profit, driven
by strength in its international business.
Read more
reported a better-than-expected quarterly profit, driven
by strength in its international business.
Read more
American Express quarterly profit jumps 37 pct
July 20 (Reuters) - Credit card issuer American Express Co
reported a 37 percent rise in quarterly profit, driven
by higher spending by its customers and lower expenses due to a
sale of its loan portfolio.
Read more
reported a 37 percent rise in quarterly profit, driven
by higher spending by its customers and lower expenses due to a
sale of its loan portfolio.
Read more
UPDATE 1-Four U.S. airlines get OK for daytime flights to Tokyo Haneda
WASHINGTON, July 20 (Reuters) - Four U.S. carriers have won
tentative approval to launch daytime U.S. flights to Tokyo's
Haneda airport as early as this fall, the U.S. Transportation
Department said on Wednesday.
Read more
tentative approval to launch daytime U.S. flights to Tokyo's
Haneda airport as early as this fall, the U.S. Transportation
Department said on Wednesday.
Read more
Tesla's data collection may help it deflect Autopilot liability
NEW YORK, July 20 (Reuters) - The large volume of data Tesla
Motors Inc collects from its cars on the road has armed
it with information to publicly counter, and possibly legally
defend, claims about the safety of its Autopilot driving-assist
software, according to lawyers familiar with such cases.
Read more
Motors Inc collects from its cars on the road has armed
it with information to publicly counter, and possibly legally
defend, claims about the safety of its Autopilot driving-assist
software, according to lawyers familiar with such cases.
Read more
UPDATE 4-France says 3 soldiers died in accident on Libya intelligence mission
PARIS/BENGHAZI, Libya, July 20 (Reuters) - Three French
soldiers were killed in a helicopter accident during an
intelligence-gathering mission in Libya, President Francois
Hollande said on Wednesday.
Read more
soldiers were killed in a helicopter accident during an
intelligence-gathering mission in Libya, President Francois
Hollande said on Wednesday.
Read more
Lufthansa cuts profit forecast, citing lower bookings
FRANKFURT, July 20 (Reuters) - Lufthansa,
Germany's largest airline, on Wednesday cut its full-year profit
target, saying advance bookings to Europe had declined
significantly due to "terrorist attacks in Europe and to greater
political and economic uncertainty".
Read more
Germany's largest airline, on Wednesday cut its full-year profit
target, saying advance bookings to Europe had declined
significantly due to "terrorist attacks in Europe and to greater
political and economic uncertainty".
Read more
U.S. tentatively approves four carriers for daytime flights to Haneda airport
WASHINGTON, July 20 (Reuters) - U.S. Transportation
Secretary Anthony Foxx said on Wednesday he is tentatively
approving daytime flights to Japan's Haneda Airport from the
United States for American Airlines Group Inc, Delta Air
Lines, Hawaiian Airlines Inc, and United Airlines Inc.
Read more
Secretary Anthony Foxx said on Wednesday he is tentatively
approving daytime flights to Japan's Haneda Airport from the
United States for American Airlines Group Inc, Delta Air
Lines, Hawaiian Airlines Inc, and United Airlines Inc.
Read more
Italian victims of Nice attack flown to Milan
MILAN, July 20 (Reuters) - The bodies of four Italian
victims of last week's truck attack in the French resort of Nice
were flown to an airport in the northern city of Milan in a
military plane on Wednesday.
Read more
victims of last week's truck attack in the French resort of Nice
were flown to an airport in the northern city of Milan in a
military plane on Wednesday.
Read more
Turkey scrambles fighter jets after reported sighting of missing vessels
ISTANBUL, July 20 (Reuters) - Turkish F-16 fighter jets
scrambled on Wednesday to check reports that missing Turkish
coastguard vessels had appeared in Greek waters in the Aegean
Sea, Turkish military sources said.
Read more
scrambled on Wednesday to check reports that missing Turkish
coastguard vessels had appeared in Greek waters in the Aegean
Sea, Turkish military sources said.
Read more
UPDATE 1-U.S., Enbridge reach $177 million settlement over 2010 oil spills
July 20 (Reuters) - The U.S. government and American units
of Enbridge Inc announced a settlement on Wednesday in
which the Canadian pipeline company will pay $177 million after
two 2010 oil spills that released crude oil in Michigan and
Illinois.
Read more
of Enbridge Inc announced a settlement on Wednesday in
which the Canadian pipeline company will pay $177 million after
two 2010 oil spills that released crude oil in Michigan and
Illinois.
Read more
Global extraction of primary materials to triple by 2050 -UNEP
LONDON, July 20 (Reuters) - The amount of primary materials
extracted from the earth will almost triple by the middle of
this century if action is not taken, as emerging economies
develop and consume more, a U.N.-backed report said on
Wednesday.
Read more
extracted from the earth will almost triple by the middle of
this century if action is not taken, as emerging economies
develop and consume more, a U.N.-backed report said on
Wednesday.
Read more
Lufthansa in talks to buy planes from Air Berlin -sources
FRANKFURT, July 20 (Reuters) - Germany's biggest airline
Lufthansa is in talks to buy about a quarter of the
planes owned by smaller peer Air Berlin, three people
familiar with the matter told Reuters.
Read more
Lufthansa is in talks to buy about a quarter of the
planes owned by smaller peer Air Berlin, three people
familiar with the matter told Reuters.
Read more
UPDATE 1-Brands won't quit Bangladesh after attacks-safety group
BERLIN, July 20 (Reuters) - The head of a group working on
factory safety in Bangladesh for fashion retailers including
Inditex and H&M expects brands to actually
increase sourcing from the country due to improving building
standards despite attacks claimed by Islamist militants.
Read more
factory safety in Bangladesh for fashion retailers including
Inditex and H&M expects brands to actually
increase sourcing from the country due to improving building
standards despite attacks claimed by Islamist militants.
Read more
Smart cars could nudge insurers on to hard shoulder
LONDON, July 20 (Reuters) - As Internet-connected and,
eventually, driverless vehicles roll off production lines,
traditional motor insurers need to adapt to ward off competition
from car manufacturers.
Read more
eventually, driverless vehicles roll off production lines,
traditional motor insurers need to adapt to ward off competition
from car manufacturers.
Read more
UPDATE 2-Morgan Stanley beats expectations on bond trading and cost cuts
July 20 (Reuters) - Morgan Stanley reported a lower
second-quarter profit on Wednesday, but beat expectations by
delivering relatively strong bond-trading revenue and cutting
expenses.
Read more
second-quarter profit on Wednesday, but beat expectations by
delivering relatively strong bond-trading revenue and cutting
expenses.
Read more
Brands won't quit Bangladesh after attacks-safety group
BERLIN, July 20 (Reuters) - The head of a group working on
factory safety in Bangladesh for fashion retailers including
Inditex and H&M expects many brands to actually
increase sourcing from the country despite attacks claimed by
Islamist militants.
Read more
factory safety in Bangladesh for fashion retailers including
Inditex and H&M expects many brands to actually
increase sourcing from the country despite attacks claimed by
Islamist militants.
Read more
Uber driver tells UK tribunal he earned less than the minimum wage
LONDON, July 20 (Reuters) - An Uber driver told a
British tribunal on Wednesday he had earned less than the
minimum wage, despite the firm saying he received nearly three
times as much, in a case that could threaten the app's business
model.
Read more
British tribunal on Wednesday he had earned less than the
minimum wage, despite the firm saying he received nearly three
times as much, in a case that could threaten the app's business
model.
Read more
RPT-Damage to bumper global wheat crop spurs use as animal feed
July 20 (Reuters) - From the heart of the U.S. big farm belt
to Colombia, Vietnam and Indonesia, livestock producers are
snapping up wheat damaged by bad weather or low in protein,
providing pigs and poultry with grain more often milled for
making bread.
Read more
to Colombia, Vietnam and Indonesia, livestock producers are
snapping up wheat damaged by bad weather or low in protein,
providing pigs and poultry with grain more often milled for
making bread.
Read more
Morgan Stanley reports fall in quarterly profit
July 20 (Reuters) - Wall Street investment bank Morgan
Stanley reported a fall in adjusted second-quarter profit
on Wednesday as cost-cutting failed to make up for a decline in
revenue from trading and investment banking.
Read more
Stanley reported a fall in adjusted second-quarter profit
on Wednesday as cost-cutting failed to make up for a decline in
revenue from trading and investment banking.
Read more
Temasek confirms Singapore rail operator buyout for S$1.18 bln
SINGAPORE, July 20 (Reuters) - Singapore state investor
Temasek Holdings (Pte) Ltd will buy the remaining
nearly 46 percent stake in SMRT Corp Ltd that it does
not already own for about S$1.18 billion ($869.31 million), the
two firms said on Wednesday.
Read more
Temasek Holdings (Pte) Ltd will buy the remaining
nearly 46 percent stake in SMRT Corp Ltd that it does
not already own for about S$1.18 billion ($869.31 million), the
two firms said on Wednesday.
Read more
UPDATE 1-Heavy rain disrupts trains, flights in Chinese capital
BEIJING, July 20 (Reuters) - Persistent heavy rain on
Wednesday caused widespread disruption in the Chinese capital,
Beijing, forcing the delay and cancellation of hundreds of
flights and the closure of some subway stations.
Read more
Wednesday caused widespread disruption in the Chinese capital,
Beijing, forcing the delay and cancellation of hundreds of
flights and the closure of some subway stations.
Read more
Australia says probes asbestos in China firm's supplies, seizes evidence
SYDNEY, July 20 (Reuters) - Australian authorities said on
Wednesday they are investigating whether building materials
supplied by Hong Kong-listed Yuanda China contain the
banned mineral asbestos and have seized evidence related to the
checks.
Read more
Wednesday they are investigating whether building materials
supplied by Hong Kong-listed Yuanda China contain the
banned mineral asbestos and have seized evidence related to the
checks.
Read more
Amid power struggle, banks seek distance from Vanke's top shareholder -report
HONG KONG, July 20 (Reuters) - A complaint by China Vanke
to authorities over how its top shareholder, financial
conglomerate Baoneng, has financed purchases of stock in the
property developer has prompted banks to seek an exit out of the
funding arrangements, Chinese business magazine Caixin reported.
Read more
to authorities over how its top shareholder, financial
conglomerate Baoneng, has financed purchases of stock in the
property developer has prompted banks to seek an exit out of the
funding arrangements, Chinese business magazine Caixin reported.
Read more
China to expand railway network to 150,000 km by 2020
BEIJING, July 20 (Reuters) - China will expand its railway
network to 150,000 km (93,200 miles) by 2020, the country's top
economic planner said at a news conference on Wednesday.
Read more
network to 150,000 km (93,200 miles) by 2020, the country's top
economic planner said at a news conference on Wednesday.
Read more
China Hyundai dealers seek up to $135 mln in compensation, claim automaker reduced supply
BEIJING, July 20 (Reuters) - A group of 30 Hyundai Motor Co
dealers in China plans to seek 800 million-900
million yuan ($120 million-135 million) in compensation from the
South Korean automaker, the group's leader said, claiming
Hyundai cut the flow of models exported to China, resulting in
dealership losses and closures.
Read more
dealers in China plans to seek 800 million-900
million yuan ($120 million-135 million) in compensation from the
South Korean automaker, the group's leader said, claiming
Hyundai cut the flow of models exported to China, resulting in
dealership losses and closures.
Read more
Tuesday, July 19, 2016
UPDATE 1-GE remains upbeat on slower-growing China, says Rice
SHANGHAI, July 20 (Reuters) - General Electric still
sees plenty of opportunities in a slower-growing China, even as
the government's anti-corruption campaign causes some deals to
take longer to get approved, a senior executive said on
Wednesday.
Read more
sees plenty of opportunities in a slower-growing China, even as
the government's anti-corruption campaign causes some deals to
take longer to get approved, a senior executive said on
Wednesday.
Read more
Taiwan fishermen pack flags, noodles, set sail for disputed South China Sea "island"
PINGTUNG, Taiwan, July 20 (Reuters) - Five Taiwanese fishing
boats set sail for Taiwan's sole holding in the South China Sea
on Wednesday in protest against a court ruling that deems it a
rock rather than an island, limiting its rights to surrounding
resource-rich waters.
Read more
boats set sail for Taiwan's sole holding in the South China Sea
on Wednesday in protest against a court ruling that deems it a
rock rather than an island, limiting its rights to surrounding
resource-rich waters.
Read more
Damage to bumper global wheat crop spurs use as animal feed
July 20 (Reuters) - From the heart of the U.S. big farm belt
to Colombia, Vietnam and Indonesia, livestock producers are
snapping up wheat damaged by bad weather or low in protein,
providing pigs and poultry with grain more often milled for
making bread.
Read more
to Colombia, Vietnam and Indonesia, livestock producers are
snapping up wheat damaged by bad weather or low in protein,
providing pigs and poultry with grain more often milled for
making bread.
Read more
UPDATE 1-North Korea says missile test simulated attack on South's airfields
SEOUL, July 20 (Reuters) - North Korea said on Wednesday it
had conducted a ballistic missile test that simulated preemptive
strikes against South Korean ports and airfields used by the
U.S. military, a likely reference to the launches of three
missiles on Tuesday.
Read more
had conducted a ballistic missile test that simulated preemptive
strikes against South Korean ports and airfields used by the
U.S. military, a likely reference to the launches of three
missiles on Tuesday.
Read more
CORRECTED-No retreat from Asia pivot regardless of who wins U.S. presidency-Biden
SYDNEY, July 20 (Reuters) - United States Vice President Joe
Biden on Wednesday assured key ally Australia there would be no
retreat from Washington's pivot to the Asia-Pacific region
regardless of who wins November's presidential election.
Read more
Biden on Wednesday assured key ally Australia there would be no
retreat from Washington's pivot to the Asia-Pacific region
regardless of who wins November's presidential election.
Read more
S.Korea won, shares slide on dollar strength, IMF growth cut
* Investors turning away from risky assets as IMF cut growth
* Foreigners set to be stock-buyers for 10 straight days
SEOUL, July 20 (Reuters) - The South Korean won and
shares slumped early on Wednesday as the greenback rose to a
four-month high on positive U.S. economic data and risk-aversion
returned after the International Monetary Fund cut global growth
forecasts.
The won was quoted at 1,139.3 as of 0211 GMT,
down 0.3 percent compared with Tuesday's close of 1,135.5.
The Ko
Read more
* Foreigners set to be stock-buyers for 10 straight days
SEOUL, July 20 (Reuters) - The South Korean won and
shares slumped early on Wednesday as the greenback rose to a
four-month high on positive U.S. economic data and risk-aversion
returned after the International Monetary Fund cut global growth
forecasts.
The won was quoted at 1,139.3 as of 0211 GMT,
down 0.3 percent compared with Tuesday's close of 1,135.5.
The Ko
Read more
General Electric to partner with China's Huawei on 'industrial internet'
SHANGHAI, July 20 (Reuters) - General Electric Co on
Wednesday said it will partner with China's Huawei Technologies
Co Ltd to develop its "industrial internet" strategy.
Read more
Wednesday said it will partner with China's Huawei Technologies
Co Ltd to develop its "industrial internet" strategy.
Read more
UPDATE 2-Chesapeake sued for allegedly rigging U.S. oil, natgas leases
July 19 (Reuters) - Investors who sold oil and natural gas
land leases to Chesapeake Energy Corp and now-bankrupt
SandRidge Energy Corp sued Chesapeake and Tom Ward,
SandRidge's former CEO, alleging that they conspired to depress
the market for those leases.
Read more
land leases to Chesapeake Energy Corp and now-bankrupt
SandRidge Energy Corp sued Chesapeake and Tom Ward,
SandRidge's former CEO, alleging that they conspired to depress
the market for those leases.
Read more
UPDATE 2-United Airlines plans $2 bln buyback, scale back growth
July 19 (Reuters) - United Continental Holdings Inc
will buy back $2 billion of stock and sell fewer seats than
planned, as rivals add flights in excess of demand, pushing down
fares, the airline said Tuesday.
Read more
will buy back $2 billion of stock and sell fewer seats than
planned, as rivals add flights in excess of demand, pushing down
fares, the airline said Tuesday.
Read more
BHP misses full-yr iron ore guidance by 3 mln/t
SYDNEY, July 20 (Reuters) - BHP Billiton
said on Wednesday it fell three million tonnes short of its iron
ore production guidance for fiscal 2016 due to its Samarco
disaster in Brazil.
Read more
said on Wednesday it fell three million tonnes short of its iron
ore production guidance for fiscal 2016 due to its Samarco
disaster in Brazil.
Read more
United Air tops profit estimates, plans $2 bln buyback
July 19 (Reuters) - United Continental Holdings Inc
on Tuesday reported lower second-quarter profit that beat
analysts' expectations as aircraft routing and engine usage
helped it save on fuel.
Read more
on Tuesday reported lower second-quarter profit that beat
analysts' expectations as aircraft routing and engine usage
helped it save on fuel.
Read more
Cleric Gulen urges U.S. to reject Turkish extradition attempt
WASHINGTON, July 19 (Reuters) - A Turkish cleric living in
self-imposed exile in the United States called on Washington to
reject any request by Turkey to extradite him, according to a
statement on Tuesday.
Read more
self-imposed exile in the United States called on Washington to
reject any request by Turkey to extradite him, according to a
statement on Tuesday.
Read more
UPDATE 4-German train axe attack puts Merkel migrant policy back in spotlight
* Man in video vows "I will slaughter you in your houses"
(Adds Merkel's chief of staff in paragraph 17)
Read more
(Adds Merkel's chief of staff in paragraph 17)
Read more
UPDATE 1-Kerry says U.S. and Russia plan "concrete" Syria steps
LONDON/MOSCOW, July 19 (Reuters) - U.S. Secretary of State
John Kerry said on Tuesday the United States and Russia have
planned "concrete steps" for the direction they will take in
Syria.
Read more
John Kerry said on Tuesday the United States and Russia have
planned "concrete steps" for the direction they will take in
Syria.
Read more
Formerly laggard U.S. stocks poised to keep leading in 2016 -Fundstrat
NEW YORK, July 19 (Reuters) - Gains for equities in 2016
have been buoyed by stocks that lagged during the bull market, a
trend that analysts at Fundstrat say is likely to continue in
the back half of the year as they have not come close to
recouping their underperformance.
Read more
have been buoyed by stocks that lagged during the bull market, a
trend that analysts at Fundstrat say is likely to continue in
the back half of the year as they have not come close to
recouping their underperformance.
Read more
W.House strongly condemns North Korea missile tests
WASHINGTON, July 19 (Reuters) - The United States strongly
condemned North Korea on Tuesday for test firing three ballistic
missiles, saying the launches and other recent tests violated
U.N. Security Council resolutions on North Korea's ballistic
missile program.
Read more
condemned North Korea on Tuesday for test firing three ballistic
missiles, saying the launches and other recent tests violated
U.N. Security Council resolutions on North Korea's ballistic
missile program.
Read more
UPDATE 2-EU truckmakers fined $3.2 billion over price collusion
* Collusion covered emissions tech timing as well as prices
(Adds details, comment, background)
Read more
(Adds details, comment, background)
Read more
Ireland aims to end housing shortage by doubling output by 2019
DUBLIN, July 19 (Reuters) - Ireland will aim to at least
double its housing output by 2019, the government said on
Tuesday, announcing a raft of measures to tackle a chronic
shortage that is raising living costs and homelessness.
Read more
double its housing output by 2019, the government said on
Tuesday, announcing a raft of measures to tackle a chronic
shortage that is raising living costs and homelessness.
Read more
SoftBank bid for ARM catches some hedge funds off guard
LONDON, July 19 (Reuters) - A Dallas hedge fund was among
investors betting on a fall in the price of ARM Holdings
when SoftBank Group's surprise $32 billion bid sent
shares in the British chip designer surging nearly 50 percent.
Read more
investors betting on a fall in the price of ARM Holdings
when SoftBank Group's surprise $32 billion bid sent
shares in the British chip designer surging nearly 50 percent.
Read more
German rail system says it will expand video surveillance
BERLIN, July 19 (Reuters) - Germany's rail operator will
study Monday's train attack in southern Germany as part of a
broader effort to expand security, including installing more
cameras at railway stations and on trains.
Read more
study Monday's train attack in southern Germany as part of a
broader effort to expand security, including installing more
cameras at railway stations and on trains.
Read more
German police say two victims of train attacker in critical condition
BERLIN, July 19 (Reuters) - Two of the five victims of a
young Afghan refugee who used a knife and axe to attack
passengers on a train in southern Germany are in a critical
condition, police in the town of Wuerzburg said on Tuesday.
Read more
young Afghan refugee who used a knife and axe to attack
passengers on a train in southern Germany are in a critical
condition, police in the town of Wuerzburg said on Tuesday.
Read more
UPDATE 1-Toronto condo speculation risk curbed by presales-federal agency
OTTAWA, July 19 (Reuters) - Most Toronto condominium
projects do not begin construction until 70 percent of units are
sold, curbing the risk of speculation, Canada's housing agency
said on Tuesday in a report that suggested overbuilding fears
may be overdone.
Read more
projects do not begin construction until 70 percent of units are
sold, curbing the risk of speculation, Canada's housing agency
said on Tuesday in a report that suggested overbuilding fears
may be overdone.
Read more
Subscribe to:
Posts (Atom)