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Reuters Company News
Jan 25, 2020

Armenian PM urges gold mine protesters to lift blockade
Armenia's prime minister called on Saturday for environmental protesters to end their 18-month-old blockade of a foreign-owned gold mine, saying the protest was not in the national interest.

Reuters Company News
Jan 25, 2020

UPDATE 1-U.S. Treasury chief Mnuchin says optimistic about U.S.-UK trade deal
U.S. Treasury Secretary Steven Mnuchin said he was optimistic about the chances of a trade deal between the United States and Britain this year, adding that he met Britain's finance minister on Saturday to discuss it.

Reuters Company News
Jan 25, 2020

U.S. Treasury Secretary says optimistic about U.S.-UK trade deal
U.S. Treasury Secretary Steven Mnuchin said he was optimistic about the potential for a trade deal between the United States and Britain, and there was a focus on getting it done this year.

Reuters Company News
Jan 25, 2020

WRAPUP 7-China virus toll hits 41; Australia reports first four cases
The death toll from China's coronavirus outbreak jumped to 41 as the Lunar New Year got off to a gloomy start on Saturday, with Hong Kong declaring a virus emergency, scrapping celebrations, and restricting links to mainland China.

Reuters Company News
Jan 25, 2020

French central banker says digital currency cannot be private
Digital currency could be useful as cash transactions dwindle in some countries but central banks should be in charge of issuing it, not private companies, Bank of France Governor Francois Villeroy de Galhau said on Saturday.

Reuters Company News
Jan 25, 2020

UPDATE 4-Turkey quake kills at least 22, rescuers dig for survivors
* Thousands of rescuers, medical personnel mobilised (Updates figures, adds details)

Reuters Company News
Jan 25, 2020

Yum China temporarily closes some KFC, Pizza Hut stores in Wuhan
Yum China Holdings Inc said it has temporarily closed some of its KFC and Pizza Hut stores in Wuhan in response to the coronavirus outbreak in the Chinese city.

Reuters Company News
Jan 25, 2020

WRAPUP 6-China virus toll hits 41; Australia reports first four cases
The death toll from China's coronavirus outbreak jumped on Saturday to 41 as the Lunar New Year got off to a gloomy start, with Hong Kong declaring a virus emergency, scrapping celebrations, and restricting links to mainland China.

Reuters Company News
Jan 25, 2020

CORRECTED-UPDATE 3-Turkey quake kills at least 22, rescuers dig for survivors
The death toll from a powerful earthquake in eastern Turkey reached 22 on Saturday, as rescuers searched for an estimated 22 more people trapped under the rubble of collapsed buildings.

Reuters Company News
Jan 25, 2020

UPDATE 3-Turkey quake kills at least 22, rescuers dig for survivors
* Thousands of rescuers, medical personnel mobilised (Updates death toll, adds ministers' comments)

Reuters Company News
Jan 25, 2020

WRAPUP 5-China virus toll hits 41; Australia reports first four cases
The death toll from China's coronavirus outbreak jumped on Saturday to 41 from 26 a day earlier as the Lunar New Year got off to a gloomy start, with many transport links and tourist sites shut, while Australia confirmed its first four cases.

Reuters Company News
Jan 25, 2020

UPDATE 2-Turkey quake kills at least 21, rescuers dig for survivors
A powerful earthquake struck eastern Turkey late on Friday, killing at least 21 people and collapsing buildings in towns near the centre of the tremor, which was strong enough to be felt in several neighbouring countries.

Reuters Company News
Jan 25, 2020

WRAPUP 4-China virus death toll rises to 41, more than 1,300 infected worldwide
The death toll from China's coronavirus outbreak jumped on Saturday to 41 from 26 a day earlier as the Lunar New Year got off to a gloomy start, with authorities curbing travel and cancelling public gatherings.

Reuters Company News
Jan 24, 2020

Starbucks shuts shops, suspends delivery in China's Hubei amid virus outbreak
Starbucks has closed all shops and suspended delivery services in China's Hubei province for the week-long Lunar New Year holiday, where a coronavirus outbreak originated from its capital Wuhan has caused 41 deaths in China.

Reuters Company News
Jan 24, 2020

WRAPUP 3-China virus death toll rises to 41, more than 1,300 infected worldwide
The official death toll from the coronavirus in China jumped on Saturday to 41 from 26 a day earlier, as local media reported a doctor on the frontline of the battle to contain the virus in Wuhan city had died.

Reuters Company News
Jan 24, 2020

UPDATE 2-Fiat Chrysler asks U.S. court to toss out GM racketeering claims -filing
Fiat Chrysler Automobiles NV on Friday urged a federal judge to throw out a General Motors Co's lawsuit accusing Fiat Chrysler of racketeering and bribing officials of the United Auto Workers union to put GM at a multibillion dollar labor cost disadvantage.

Reuters Company News
Jan 24, 2020

Toshiba Machine to seek shareholders approval for takeover defence
Japan's Toshiba Machine said on Friday it would seek shareholders' approval if it decides to adopt defence measures against a hostile takeover, agreeing to demand from a prominent activist investor targeting the molding machine company.

Reuters Company News
Jan 24, 2020

UPDATE 1-Trump speaks with British PM Johnson about telecoms security -White House
U.S. President Donald Trump on Friday discussed the security of telecommunications networks with British Prime Minister Boris Johnson, the White House said, as Britain nears a decision on Huawei's role in the country's future 5G network.

Reuters Company News
Jan 24, 2020

UPDATE 1-Fiat Chrysler asks U.S. court to toss out GM racketeering claims - filing
Fiat Chrysler Automobiles NV late on Friday urged a U.S. District Court to throw out General Motors Co's suit accusing Fiat Chrysler of racketeering and bribing officials of the United Auto Workers union to put GM at a multi-billion dollar labor cost disadvantage.

Reuters Company News
Jan 24, 2020

UPDATE 2-New U.S. curb on Huawei in limbo amid pushback from Pentagon -sources
The U.S. Commerce Department has withdrawn a rule aimed at further reducing sales to China's Huawei Technologies amid concerns from the Defense Department the move would harm U.S. businesses, people familiar with the matter said.

Reuters Company News
Jan 24, 2020

Trump speaks with British PM Johnson about telecoms security -White House
U.S. President Donald Trump on Friday discussed the security of telecommunications networks with British Prime Minister Boris Johnson, the White House said, as Britain nears a decision on Huawei's role in the country's future 5G network.

Reuters Company News
Jan 24, 2020

Fiat Chrysler asks U.S. court to toss out GM racketeering claims - filing
Fiat Chrysler Automobiles NV late on Friday urged a U.S. District Court to throw out General Motors Co's suit accusing Fiat Chrysler of racketeering and bribing officials of the United Auto Workers union to put GM at a multi-billion dollar labor cost disadvantage.

Reuters Company News
Jan 24, 2020

Owners of solar company that caused loss for Buffett plead guilty over Ponzi scheme
The husband-and-wife owners of DC Solar, a California solar company that caused Warren Buffett's Berkshire Hathaway Inc to take a $377 million charge last year, pleaded guilty on Friday to involvement in an estimated $912 million Ponzi scheme.

Reuters Company News
Jan 24, 2020

UPDATE 3-FAA tells U.S. airlines it could approve MAX return to service before mid-year -sources
Federal Aviation Administrator Steve Dickson called senior U.S. airline officials on Friday and told them the agency could approve the grounded Boeing 737 MAX's return to service before mid-year - a faster time frame than the planemaker suggested this week, people briefed on the calls said.

Reuters Company News
Jan 24, 2020

Boeing seeks up to US$12bn in loans to ease liquidity needs
NEW YORK, Jan 24 (LPC) - Airplane manufacturer Boeing Co is in talks with banks to obtain up to US$12bn in loans, a move that comes as financial pressures mount on a company reeling from a production halt on its 737 MAX aircraft, sources said.

Reuters Company News
Jan 24, 2020

Trump impeachment trial's U.S. TV audience slips during Democrats' arguments -Nielsen
The U.S. television audience for Democrats' arguments that President Donald Trump should be impeached declined on Thursday to roughly 7.8 million viewers during live daytime coverage, according to data from the Nielsen ratings agency.

Reuters Company News
Jan 24, 2020

Former top U.S. general Dunford joining Lockheed Martin's board
The former top U.S. military official, General Joseph Dunford, has been elected to the board of Lockheed Martin Corp, the Pentagon's largest weapons supplier, the company said on Friday.

Reuters Company News
Jan 24, 2020

Habit Burger Grill plans to offer Impossible plant-based patty
The Habit Restaurants Inc , known as the Habit Burger Grill, plans to put a plant-based meat patty from Impossible Foods Inc on its menu in the second half of this year as a limited-time offering.

Reuters Company News
Jan 24, 2020

Boeing delays 777X first flight again due to bad weather
Boeing has postponed again the first flight of its 777X long-haul jetliner that was scheduled to take place on Friday due to inclement weather.

Reuters Company News
Jan 24, 2020

CORRECTED-UPDATE 2-FAA tells U.S. airlines it could approve MAX return to service before mid-year -sources
Federal Aviation Administrator Steve Dickson has called senior U.S. airline officials Friday and told them that the agency could approve the grounded Boeing 737 MAX's return to service before mid-year, people briefed on the calls said Friday.

Reuters Company News
Jan 24, 2020

With Wuhan virus genetic code in hand, scientists begin work on a vaccine
When a newly organised vaccine research group at the U.S. National Institutes of Health (NIH) met for the first time this week, its members had expected to be able to ease into their work.

Reuters Company News
Jan 24, 2020

GLOBAL MARKETS-China virus fears spook U.S. shares, oil prices
* European shares jump as positive PMI paints rosier picture (Updates with close of U.S. trading)

Reuters Company News
Jan 24, 2020

US STOCKS-The S&P 500 has worst day since October as virus fears mount
* Indexes drop: Dow 0.58%, S&P 0.90%, Nasdaq 0.93% (Updates to market close)

Reuters Company News
Jan 24, 2020

UPDATE 9-Brent logs worst weekly loss in a year as China virus fears swell
* Brent sees 6.4% loss this week, U.S. crude slumps 7.4% for week

Reuters Company News
Jan 24, 2020

US STOCKS SNAPSHOT-Wall Street slides as China virus concerns mount
Wall Street fell in a broad sell-off on Friday, as investors fled equities on growing concerns over the scope of the coronavirus outbreak, capping the S&P 500's biggest weekly decline in six months.

Reuters Company News
Jan 24, 2020

Deals of the day-Mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:

Reuters Company News
Jan 24, 2020

WRAPUP 11-China heads into Lunar New Year on shutdown as virus spreads to Europe
A new coronavirus that has killed 26 people in China was confirmed in Europe for the first time on Friday as it spreads despite Chinese attempts to quarantine the city at the heart of the outbreak.

Reuters Company News
Jan 24, 2020

UPDATE 1-U.S. Justice Dept. plans to hold meeting to discuss tech industry liability - sources
The U.S. Justice Department is planning to hold a conference to discuss the future of a federal law which largely exempts online platforms from legal liability for the material their users post, sources familiar with the plans said on Friday.

Reuters Company News
Jan 24, 2020

Speculators add to long bets on U.S. dollar -CFTC, Reuters
Speculators snapped a six-week streak to add to their net long bets on the U.S. dollar in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday.

Reuters Company News
Jan 24, 2020

EXPLAINER-Bezos allegations put phone hacking technology in the spotlight
Allegations that Amazon.com boss and Washington Post owner Jeff Bezos had his phone hacked by Saudi Crown Prince Mohammed bin Salman have put a spotlight on the security of smartphones and the secretive tools used to hack them.

Reuters Company News
Jan 24, 2020

UPDATE 1-Bayer Roundup cancer trial postponed to continue settlement talks
Bayer AG said on Friday it has reached an agreement with plaintiffs' lawyers to postpone a Missouri jury trial over allegations its popular weed killer Roundup causes cancer to provide room for negotiations to settle the litigation.

Reuters Company News
Jan 24, 2020

U.S. business borrowing for equipment rises about 2% in December - ELFA
U.S. companies' borrowings for capital investments rose about 2% in December from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Friday.

Reuters Company News
Jan 24, 2020

UPDATE 1-MercadoLibre's financial unit to boost credit ops, ease cash withdrawals in 2020
Argentinian fintech Mercado Pago, a unit of e-commerce company MercadoLibre, is launching new services to users of its app-based wallet, including credit lines and cash withdrawal options, as part of efforts to gain scale as market competition continues to intensify.

Reuters Company News
Jan 24, 2020

EMERGING MARKETS-Latam assets dip as China virus fears diminish risk appetite
Latin American assets retreated on Friday amid renewed concerns over the economic fallout from a Chinese coronavirus, especially after the United States confirmed a second case. While the World Health Organization has declared the flu-like

Reuters Company News
Jan 24, 2020

U.S. Justice Dept. plans to hold meeting to discuss tech industry liability - sources
The U.S. Justice Department is planning to hold a conference to discuss the future of a current federal law which largely exempts online platforms from legal liability for the material their users post, sources familiar with the plans said on Friday.

Reuters Company News
Jan 24, 2020

FAA administrator to tell U.S. airlines MAX approval could come before mid-year
Federal Aviation Administrator Steve Dickson is calling senior U.S. airline officials Friday to tell them that the agency could approve the grounded Boeing 737 MAX's return to service before mid-year, a government official said Friday.

Reuters Company News
Jan 24, 2020

Bayer Roundup cancer trial postponed to continue settlement talks
Bayer AG said on Friday it has reached an agreement with plaintiffs' lawyers to postpone a Missouri jury trial over allegations its popular weed killer Roundup causes cancer to provide room for negotiations to settle the litigation.

Reuters Company News
Jan 24, 2020

UPDATE 8-Oil drops more than 2%, approaches weekly loss on China virus fears
* U.S. drillers add oil rigs for second week in a row - Baker Hughes (Updates prices, market activity and comments)

Reuters Company News
Jan 24, 2020

WRAPUP 10-China heads into Lunar New Year on shutdown as virus spreads
China shut part of the Great Wall and suspended public transport in 10 cities, stranding millions of people at the start of the Lunar New Year holiday on Friday as authorities rush to contain a virus that has killed 26 people and infected more than 800.

Reuters Company News
Jan 24, 2020

US STOCKS-Wall Street set for weekly loss on gathering virus fears
* Indexes down: Dow 0.83%, S&P 1.04%, Nasdaq 1.01% (Updates to late afternoon, changes dateline, byline)

Reuters Company News
Jan 24, 2020

U.S. bank regulator sharpens teeth on Wells Fargo, surprising critics
Long accused of being too soft, a U.S. bank regulator has surprised its critics with tough treatment of scandal-ridden lender Wells Fargo, culminating on Thursday in more than$58 million in fines against eight former executives at the bank.

Reuters Company News
Jan 24, 2020

After 'challenging' 2019, Mexico's Banorte bets on economic recovery
Grupo Financiero Banorte said on Friday it was expecting the Mexican economy to recover in 2020, which would help lift its banking unit after it suffered a drop in net profit during a difficult last quarter.

Reuters Company News
Jan 24, 2020

GLOBAL MARKETS-U.S. shares, oil prices slump as China virus fears spread
* Oil drops more than 2%, heads for weekly loss (Updates with afternoon trading)

Reuters Company News
Jan 24, 2020

RPT-UPDATE 1-Payments processor WEX to acquire eNett and Optal for about $1.7 bln
Fintech company WEX Inc said on Friday it would buy payments services providers eNett and Optal for about $1.7 billion to strengthen its presence in the online travel bookings market, which is expected to grow at about 9% through 2023.

Reuters Company News
Jan 24, 2020

New industries may spawn Brazilian unicorns in 2020 -executives
Brazil's so-called unicorns, startups valued above $1 billion, are seen expanding in 2020 beyond the industries that have supplied them so far - large fintechs, delivery companies and mobility apps, executives said.

Reuters Company News
Jan 24, 2020

MercadoLibre's financial unit to launch full card acquiring business in 2020
Argentinian fintech Mercado Pago, a unit of e-commerce company MercadoLibre, expects to launch its own credit and debit card acquiring business in 2020, its vice-president Tulio Oliveira said on Friday.

Reuters Company News
Jan 24, 2020

UPDATE 1-New U.S. curb on Huawei in limbo amid pushback from Pentagon-sources
The U.S. Commerce Department has withdrawn a rule aimed at further reducing sales to China's Huawei Technologies amid concerns from the Defense Department that the move would harm U.S. businesses, people familiar with the matter said.

Reuters Company News
Jan 24, 2020

Louis Dreyfus plans fish farming, bio-energy in Chinese venture
Agricultural commodity merchant Louis Dreyfus Company (LDC) said on Friday it will develop aquaculture and plant-based energy production as part of an industrial joint venture in China.

Reuters Company News
Jan 24, 2020

US STOCKS-Wall St slides on coronavirus fears, Intel offers support
* Indexes down: Dow 0.44%, S&P 0.65%, Nasdaq 0.52% (Updates to early afternoon)

Reuters Company News
Jan 24, 2020

UPDATE 1-U.S. senator slams Tesla's 'misleading' name for Autopilot driver assistance system
A U.S. senator on Friday urged Tesla Inc to rebrand its driver assistance system Autopilot, saying it has "an inherently misleading name" and is subject to potentially dangerous misuse.

Reuters Company News
Jan 24, 2020

U.S. drillers add oil rigs for second week in a row - Baker Hughes
U.S. energy firms added oil rigs for a second consecutive week, raising doubts over producers' plans to continue reducing spending on new drilling for a second year in a row in 2020.

Reuters Company News
Jan 24, 2020

UPDATE 2-Nestle teams up with Canadian plant-based ingredient makers
Food company Nestle SA said on Friday it has teamed up with small Canadian plant-based food ingredient makers Burcon and Merit Functional Foods, the second such supply agreement this month that targets Canadian crops.

Reuters Company News
Jan 24, 2020

Four-comma club: Predicting the next company to join trillion-dollar value elite
The trillion-dollar market cap club expanded last week to a third U.S. company, with Google parent Alphabet Inc topping the lofty valuation mark. Adding the next member, however, is likely to take a while.

Reuters Company News
Jan 24, 2020

UPDATE 3-U.S. health officials confirm second U.S. case of Wuhan coronavirus
The U.S. Centers for Disease Control and Prevention (CDC) on Friday confirmed a second U.S. case of the new coronavirus from China in a Chicago woman, and said as many as 63 potential cases were being investigated as the sometimes deadly illness continues to spread around the globe.

Reuters Company News
Jan 24, 2020

UPDATE 1-Boeing weighing new 787 Dreamliner production cut - sources
Boeing Co is weighing another production cut of its 787 Dreamliner, but may not have to take that step depending on the size and timing of orders from China stemming from a recent U.S. trade agreement, people briefed on the matter said Friday.

Reuters Company News
Jan 24, 2020

METALS-Copper posts steepest weekly drop since 2015 on virus fears
* Eight straight sessions of losses for copper (Adds closing prices, updates milestones)

Reuters Company News
Jan 24, 2020

Boeing considering new 787 Dreamliner production cut -- sources
Boeing Co is weighing another production cut of its 787 Dreamliner, but may not have to take that step depending on the size and timing of orders from China stemming from a recent U.S. trade agreement, people briefed on the matter said Friday.

Reuters Company News
Jan 24, 2020

UPDATE 7-Oil drops more than 2%, heads for weekly loss on China virus fears
* Coming Up: Baker Hughes' weekly US rig count at 1 p.m./1800 GMT (New throughout; updates prices, market activity and comments; changes byline and dateline, previously LONDON)

Reuters Company News
Jan 24, 2020

US STOCKS-Wall St slides on coronavirus fears, Intel limits losses
* Indexes down: Dow 0.25%, S&P 0.41%, Nasdaq 0.22% (Changes comment, updates prices)

Reuters Company News
Jan 24, 2020

UPDATE 2-European shares jump as positive PMI paints rosier picture
* Ericsson slips after earnings disappoint (Updates to close, adds details)

Reuters Company News
Jan 24, 2020

Bombardier scrambles to craft rail merger with Alstom, Hitachi - sources
Bombardier has approached France's Alstom and Japan's Hitachi to find a merger partner for its rail business as it struggles to contain costs that have eaten into margins, sources told Reuters.

Reuters Company News
Jan 24, 2020

UPDATE 1-Novartis, GBT sickle cell drugs too expensive, draft U.S. report says
* Report may change after public comments (Adds share prices for Novartis, GBT in 8th paragraph)

Reuters Company News
Jan 24, 2020

Wall St Week Ahead-Hopes are high for tech stock 'Cadillacs'; so are their prices
Wall Street is betting that the most popular U.S. technology and internet stocks can keep outshining the broader equities market but their latest rally leaves little room for error this earnings season.

Reuters Company News
Jan 24, 2020

UPDATE 1-Walmart testing higher minimum wage for some employees
Walmart Inc is testing a higher starting wage for certain newly created jobs in about 500 U.S. stores, as it looks to improve in-store experience for customers amid intense competition.

Reuters Company News
Jan 24, 2020

Boeing considers another cut in 787 Dreamliner production - Bloomberg
Boeing Co is contemplating another cut in 787 Dreamliner production, Bloomberg reported on Friday.

Reuters Company News
Jan 24, 2020

UPDATE 1-Nestle teams up with Canadian plant-based ingredient makers
Food group Nestle SA said on Friday it has teamed up with small Canadian plant-based food ingredient makers Burcon and Merit Functional Foods, the second such supply agreement this month that targets Canadian crops.

Reuters Company News
Jan 24, 2020

UPDATE 1-Brazilian telecom Oi sells its 25% stake in Unitel to Sonangol - filing
Brazilian telecom carrier Oi SA has sold its 25% stake in Unitel to Angola's state-oil company Sonangol for $1 billion, according to a securities filing on Friday.

Reuters Company News
Jan 24, 2020

Novartis, GBT sickle cell drugs too expensive, draft U.S. report says
Sickle cell disease drugs made by Novartis and Global Blood Therapeutics (GBT) may not be cost effective at current prices, a draft report published on Friday suggested, widening the debate over U.S. healthcare affordability.

Reuters Company News
Jan 24, 2020

IMF aid to Congo Republic on hold over Glencore, Trafigura impasse
Talks to salvage a tentative $1.7 billion debt restructuring between Congo Republic and energy traders Glencore and Trafigura are stuck, sources said, jeopardising an International Monetary Fund bailout for the debt-hobbled nation.

Reuters Company News
Jan 24, 2020

Tesla touts safeguards as senator urges company to rebrand 'Autopilot'
Tesla Inc touted safeguards to its driver assistance system "Autopilot" after a Democratic U.S. senator on Friday urged the automaker to rebrand the system because it has "an inherently misleading name."

Reuters Company News
Jan 24, 2020

Chile's Codelco seeks approvals to explore for lithium at Maricunga
Chile state miner Codelco filed with regulators on Friday a plan to begin exploration for lithium in its Maricunga salt flat holdings, a key step in advancing development of the country's second richest deposit of the metal needed for batteries.

Reuters Company News
Jan 24, 2020

Brazilian telecom Oi sells its 25% stake in Unitel to Sonangol - filing
Brazilian telecom carrier Oi SA said it has sold its 25% stake in Unitel to Angola's state-oil company Sonangol for $1 billion, according to a securities filing on Friday.

Reuters Company News
Jan 24, 2020

Walmart testing higher minimum wage for some staffers - Bloomberg
Walmart Inc is testing out a higher starting wage for certain jobs in about 500 stores as part of an overhaul of roles and responsibilities in the United States, Bloomberg reported on Friday.

Reuters Company News
Jan 24, 2020

CANADA STOCKS-TSX near record high as virus fears subside
Canada's main stock index hovered near an all-time high on Friday after the World Health Organisation tempered fears over the coronavirus outbreak in China.

Reuters Company News
Jan 24, 2020

UPDATE 1-BlackRock, Franklin Templeton eye partnership with Banco do Brasil's asset management unit -report
Asset managers BlackRock Inc., Franklin Templeton and Principal Financial Group are vying for a partnership with state-controlled lender Banco do Brasil's asset management unit, a Brazilian newspaper reported on Friday.

Reuters Company News
Jan 24, 2020

CORRECTED-Capesize index marks biggest weekly loss in nearly 21 years
The Baltic Exchange's main sea freight index fell to an over three year low on Friday, with the capesize segment marking its biggest weekly loss since March 1999.

Reuters Company News
Jan 24, 2020

UK finance sector ready to wave Brexit white flag amid 'fish for finance' talk
Britain's finance sector is losing hope of securing even basic access to European Union markets from Dec. 31, as talk that the EU wants UK fishing rights in exchange draws the industry into a political struggle between the bloc and its departing member.

Reuters Company News
Jan 24, 2020

UPDATE 6-Oil falls below $61, heads for weekly loss on China virus concerns
* Brent down over 6% this week, third consecutive weekly drop (Updates prices)

Reuters Company News
Jan 24, 2020

GLOBAL MARKETS-Positive eurozone data pushes global equity markets higher
Global equity markets rebounded on Friday, with the U.S. Nasdaq Composite Index hitting a record high, as investors took in positive economic data from Europe and worried less about the potential economic toll of the coronavirus outbreak in China.

Reuters Company News
Jan 24, 2020

CANADA STOCKS-TSX edges up at open as coronavirus fears ease
Canada's main stock index opened higher on Friday, hovering near an all-time peak, after worries over the coronavirus outbreak in China eased.

Reuters Company News
Jan 24, 2020

UPDATE 4-Polish carrier LOT acquires German airline Condor
* Condor was given bridging loan to avoid fate of Thomas Cook

Reuters Company News
Jan 24, 2020

UPDATE 1-Italy watchdog threatens Facebook with another fine over improper use of data
Italy's competition watchdog said on Friday it has launched proceedings against Facebook for non-compliance with a request to correct improper commercial practices in the group's treatment of user data.

Reuters Company News
Jan 24, 2020

US STOCKS SNAPSHOT-Nasdaq hits record high on Intel strength
The tech-heavy Nasdaq index hit a new high on Friday after a strong forecast from Intel and encouraging business activity data out of Europe, while concerns eased over the coronavirus outbreak in China.

Reuters Company News
Jan 24, 2020

EMERGING MARKETS-Latam FX flat, headed for weekly gain, coronavirus weighs
Latin American currencies were flat on Friday, on track to end the week higher with investors watching developments related to the coronavirus outbreak. The World Health Organization (WHO) declared the flu-like virus outbreak an "emergency in China" and not of internat

Reuters Company News
Jan 24, 2020

GRAPHIC-Take Five: When China sneezes
1/OUTBREAK Wuhan in central China is the size of London. But these days, flights to and from the city are cancelled, highways are shut and soldiers guard the railway station, as China tries to quarantine the centre of a virus outbreak that had by Friday killed 26 people and infected hundreds globally. That's actually reassuring when compared to the secretive handling of the 2003 SARS epidemic. And the World Health Organisation says while this is "an emergency in China", it's n

Reuters Company News
Jan 24, 2020

Coca-Cola Brasil asks court to void Heineken acquisition in Brazil- report
Coca-Cola Brasil has filed a motion in a Brazilian court to annul the 2017 Heineken acquisition of Brasil Kirin , the Valor Economico newsapaper reported on Friday, citing court documents.

Reuters Company News
Jan 24, 2020

RPT-'What choice do I have?' Lock-down strands millions in China's Wuhan
A trickle of passengers at the train station in the Chinese city of Wuhan put on a brave face on Friday as they arrived in the epicentre of a coronavirus outbreak that has killed 26 people, infected hundreds and raised fears of a pandemic.

Reuters Company News
Jan 24, 2020

US STOCKS-Nasdaq set for fresh record on strong Intel forecast
* Futures up: Dow 0.25%, S&P 0.19%, Nasdaq 0.27% (Changes comment, updates price)

Reuters Company News
Jan 24, 2020

Financier doubts add to Boeing's MAX headaches
* Some fear Boeing will replace jet, Boeing gives reassurance

Reuters Company News
Jan 24, 2020

MOVES-JPMorgan hires senior tech exec from Goldman Sachs -memo
JPMorgan Chase & Co has hired senior banking technology executive Gavin Leo-Rhynie as head of engineering and architecture for the corporate and investment bank (CIB), according to a memo seen by Reuters.

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