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Reuters Company News
Jul 23, 2019

RPT-Hasbro sales beat on higher demand for 'Avengers: Endgame' toys
Toymaker Hasbro Inc reported a better-than-expected quarterly revenue on Tuesday, helped by higher demand for action toys following the blockbuster success of "Avengers: Endgame" and "Spider-Man: Far From Home".

Reuters Company News
Jul 23, 2019

UPDATE 1-China's Neolix to trial autonomous vehicles in Saudi, UAE
China's Neolix has signed a preliminary agreement with Middle East e-commerce company noon to trial autonomous vehicles in Saudi Arabia and the United Arab Emirates.

Reuters Company News
Jul 23, 2019

Biogen profit rises 72%
Drugmaker Biogen Inc reported a 72.4% rise in second-quarter profit on Tuesday, boosted by higher sales of its multiple sclerosis treatment Tecfidera and lower research and development costs.

Reuters Company News
Jul 23, 2019

Homebuilder Pulte's profit falls 26%
PulteGroup Inc on Tuesday posted a 26% fall in second-quarter profit on lower home sales, as the U.S. homebuilder's higher prices kept buyers out of the market.

Reuters Company News
Jul 23, 2019

UPDATE 1-Centene raises 2019 forecast as second-quarter profit jumps 65%
Centene Corp, which is buying smaller rival WellCare Health Plans Inc, on Tuesday reported a 65% jump in quarterly profit and raised its 2019 earnings forecast, as it benefited from sales of its health plans for low-income people.

Reuters Company News
Jul 23, 2019

Santander Brasil hits Q2 profit estimates as fees, lending grow
Banco Santander Brasil SA reported second-quarter results in line with analyst estimates on Tuesday, helped by the strength of its consumer lending business and fees.

Reuters Company News
Jul 23, 2019

REFILE-China's Neolix to trial autonomous vehicles in Saudi, UAE
China's Neolix has signed a preliminary agreement with Middle East e-commerce company noon to trial autonomous vehicles in Saudi Arabia and the United Arab Emirates.

Reuters Company News
Jul 23, 2019

Centene Corp posts 65% rise in second-quarter profit
Centene Corp, which is buying smaller rival WellCare Health Plans Inc, on Tuesday reported a 65% rise in quarterly profit, helped by higher sales of its Medicaid health plans for low-income people.

Reuters Company News
Jul 23, 2019

Deals of the day-Mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Tuesday:

Reuters Company News
Jul 23, 2019

GLOBAL MARKETS-Carmakers drive Europe higher, Johnson batters sterling
* Pound sags as hard Brexit advocate Johnson set to become UK PM

Reuters Company News
Jul 23, 2019

UPDATE 3-China's BAIC buys 5% Daimler stake to cement alliance
* BAIC seeks to deepen relationship after rival Geely took stake

Reuters Company News
Jul 23, 2019

UPDATE 2-Israel's Gazit Globe bets on East Europe real estate with Atrium stake increase
Israeli real estate developer Gazit Globe has agreed to buy the 40% of Atrium European Real Estate it does not already own, betting on growth in densely populated urban areas of Eastern Europe.

Reuters Company News
Jul 23, 2019

UPDATE 2-Britain's grocery sales fall for first time since June 2016 -Kantar
British grocery sales fell by 0.5% in the latest 12 week period in their first decline since June 2016, industry data showed on Tuesday, sending shares across the sector lower. Market researcher Kantar said the sales dip reflected a heatwave a year earlier which had

Reuters Company News
Jul 23, 2019

EMERGING MARKETS-Stocks gain on rate-cut expectations; FX subdued
Emerging-market stocks rose on Tuesday amid expectations some of the world's major central banks would cut interest rates soon, while gains by the dollar weakened developing-world currencies. Central bankers in South Korea and South Africa cut rates last week. The Russian and Turkish central banks are expected to follow suit later this week.

Reuters Company News
Jul 23, 2019

UPDATE 1-Upbeat earnings lift European shares, autos zoom
* Prime Ministerial votes in UK, Spain awaited (Adds comment, updates prices)

Reuters Company News
Jul 23, 2019

UPDATE 2-JXTG says to shut Osaka refinery venture with PetroChina as demand falls
* Interactive graphic on crude imports: https://tmsnrt.rs/2Odh7km (Adds graphic on Japanese oil imports, bullet points)

Reuters Company News
Jul 23, 2019

China's Neolix to trial autonomous vehicles in Saudi, UAE
China's Neolix has signed a preliminary agreement with Middle East e-commerce company noon to trial autonomous vehicles in Saudi Arabia and the United Arab Emirates.

Reuters Company News
Jul 23, 2019

UPDATE 1-JXTG says to shut Osaka refinery venture with PetroChina as demand falls
JXTG Holdings, Japan's biggest oil refiner, said on Tuesday it plans to close a 115,000 barrel per day (bpd) Osaka refinery that it owns with PetroChina next year, amid falling demand for crude products in Japan.

Reuters Company News
Jul 23, 2019

UPDATE 2-Diversity helps UBS defy banking gloom with profit rise
* Wealth management, investment banking weaker (Recasts with CEO comment, market reaction)

Reuters Company News
Jul 23, 2019

UPDATE 2-China's BAIC buys 5% Daimler stake to cement alliance
* BAIC sought to deepen relationship after rival Geely took stake

Reuters Company News
Jul 23, 2019

UPDATE 1-Britain's grocery sales fall for first time since June 2016 - Kantar
British grocery sales fell by 0.5% in the latest 12 week period, marking the first overall decline in the sector since June 2016, industry data showed on Tuesday.

Reuters Company News
Jul 23, 2019

Upbeat earnings lift European shares at open
European shares rose on Tuesday, tracking rises on Wall Street and in Asia as better-than-expected results for Banco Santander helped put Spanish markets on course to end a four-session losing streak.

Reuters Company News
Jul 23, 2019

Slovak Republic - Factors To Watch on July 23
Here are news stories, press reports and events to watch which may affect Slovak financial markets on Tuesday. ALL TIMES GMT (Slovak Republic: GMT 2 hours) =========================ECONOMIC DATA======================== Real-time economic data releases.................. Summary of economic data and forecasts......... Recently released economic data................ Previous stories on Slovak

Reuters Company News
Jul 23, 2019

Britain's supermarkets sales fall on tough year-on-year comparison - Kantar
Sales fell at all of Britain's big four supermarket groups over the latest 12 week period, reflecting heatwave-boosted sales during the same period last year which made comparisons tough, industry data showed on Tuesday.

Reuters Company News
Jul 23, 2019

METALS-LME base metals sea-sawed ahead of key policy meetings
London base metals traded sideways on Tuesday as investors exercised caution ahead of monetary policy meetings by major central banks this month. Most LME base metals were up during the morning Asian trading hours as investors hoped for a rate cut by the U.S. Federal Reserve, but prices retreated as European traders joined the market. "There seems to be one side of the market that has taken a .25 cut as read and possi

Reuters Company News
Jul 23, 2019

Broadcaster CME posts jump in Q2 core profit, cuts debt
Broadcaster Central European Media Enterprises (CME) beat forecasts with a 20.5% rise in second-quarter core profit and further reduced its debt, it said on Tuesday.

Reuters Company News
Jul 23, 2019

UPDATE 1-Strong Asian demand buoys sales at Birkin bag maker Hermes
* Hermes H1 margins to be below record level a year earlier (Writes through with details on China, Hong Kong, leather goods)

Reuters Company News
Jul 23, 2019

UPDATE 1-UK Stocks-Factors to watch on July 23
Britain's FTSE 100 index is seen opening 27 points higher at 7,542 on Tuesday, according to financial bookmakers, with futures up 0.42% ahead of the cash market open.

Reuters Company News
Jul 23, 2019

Japan shares track Wall St gains as chip sector rallies
* SoftBank Group up on hopes for T-Mobile & Sprint merger approval

Reuters Company News
Jul 23, 2019

JXTG says to shut Osaka International refinery venture with PetroChina
JXTG Holdings, Japan's biggest oil refiner, said on Tuesday it plans to shut down its Osaka International refining venture with PetroChina after buying out the stake owned by its Chinese partner.

Reuters Company News
Jul 23, 2019

GLOBAL MARKETS-ECB, Fed rate cut hopes lift stocks, sterling sags
* Pound sags with eurosceptic Johnson seen becoming new UK PM

Reuters Company News
Jul 23, 2019

INSIGHT-Power traders tackle renewables puzzle in Danish "Silicon Valley"
Far from the sprawling financial hubs of London or Frankfurt, high-tech traders in the Danish university city of Aarhus are driving rapid change in European power markets, easing the shift to renewables with technology that also carries some risks.

Reuters Company News
Jul 23, 2019

UK Stocks-Factors to watch on July 23
Britain's FTSE 100 index is seen opening 27 points higher at 7,542 on Tuesday, according to financial bookmakers. * BRITISH AIRWAYS: British Airways pilots have voted overwhelmingly for strike action in a pay dispute that could disrupt the British flag carrier's peak summer holiday season. * INMARSAT: Britain said on Monday it would scrutinise the acquisition of satellite communications firm Inmarsat by a private equity-led consortium to examine any potential

Reuters Company News
Jul 23, 2019

CORRECTED-Logitech first-quarter profit beats forecasts
Logitech International SA reported better-than-expected first-quarter earnings on Tuesday, and confirmed Nate Olmstead as its chief financial officer.

Reuters Company News
Jul 23, 2019

BC Partners close to buying majority stake in Garda World - WSJ
Private equity firm BC Partners is nearing a deal to buy a majority stake in Canada-based security services company Garda World Security Corp, the Wall Street Journal reported on Tuesday.

Reuters Company News
Jul 23, 2019

Sanofi signs U.S. rights deal with Roche for flu treatment Tamiflu
French drugs and healthcare group Sanofi said on Tuesday it had signed a rights deal with Roche for the 'Tamiflu' product in the United States.

Reuters Company News
Jul 23, 2019

PRESS DIGEST -Wall Street Journal - July 23
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

Reuters Company News
Jul 23, 2019

METALS-LME base metals broadly up amid rate-cut hopes
Most London base metals rose on Tuesday on expectations of monetary policy easing by major central banks this month, helping nickel prices rebound after two sessions of declines. Lower interest rates often lead to a weaker U.S. dollar and boost demand for greenback-priced metals, as they become cheaper for holders of other currencies. Three-month nickel on the London Metal Exchange (LME)

Reuters Company News
Jul 23, 2019

PRESS DIGEST- New York Times business news - July 23
The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

Reuters Company News
Jul 22, 2019

Morning News Call - India, July 23
To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_07232019.pdf If you would like to receive this newsletter via email, please register at: http://solutions.refinitiv.com/MNCIndiaSubscriptionpage FACTORS TO WATCH 3:30 pm: Goods and Services Tax Network CEO Prakash Kumar at roundtable discussion on GST related issues in New Delhi. LIVECHAT - FED WATCH Reuters reporters and edi

Reuters Company News
Jul 22, 2019

GLOBAL MARKETS-Hopes of ECB, Fed rate cuts boost stocks, British pound sags
* Pound sags with eurosceptic Johnson seen becoming new UK PM

Reuters Company News
Jul 22, 2019

UPDATE 3-Huawei's U.S. research arm slashes jobs as trade ban bites
* Unit has offices in Silicon Valley, Seattle, Chicago, Dallas

Reuters Company News
Jul 22, 2019

METALS-LME nickel rebounds amid broader gains in base metals
London nickel prices rebounded on Tuesday after two sessions of declines, hovering around a one-year peak, while the base metals complex was broadly higher. Three-month nickel on the London Metal Exchange (LME) was up 0.3% at $14,345 a tonne, as of 0724 GMT. However, Shanghai nickel dropped 2% to 112,990 yuan ($16,415.81) a tonne, tracking previous session's declines in London. Most base metals rose on the LME, but lost ground on the Sh

Reuters Company News
Jul 22, 2019

Tokyo shares rise as investors await earnings; chip sector rallies
Japanese stocks edged higher on Tuesday morning, with the semiconductor sector leading the gains, tracking Wall Street moves, though trading remained thin ahead of the domestic earnings season for the April-June quarter.

Reuters Company News
Jul 22, 2019

S.Korea stocks gain as trade optimism lifts tech sector; won steady
Round-up of South Korean financial markets: South Korean shares climbed on Tuesday as overnight gains in U.S. semiconductor shares lifted South Korean chip giants, amid high expectations of policy easing by major central banks. The Korean won was steady, while the benchmark bond yield fell. ** Tech shares pulled the index into

Reuters Company News
Jul 22, 2019

UPDATE 4-Trump agrees to prompt responses to license requests for Huawei sales
President Donald Trump agreed at a meeting with the heads of top technology companies like Google on Monday to make "timely" decisions on requests by U.S. companies to sell to blacklisted Huawei Technologies Co Ltd , the White House said.

Reuters Company News
Jul 22, 2019

Logitech first-quarter profit misses estimates
Logitech International SA reported weaker-than-expected first-quarter earnings on Tuesday, and confirmed Nate Olmstead as its chief financial officer.

Reuters Company News
Jul 22, 2019

INSIGHT-U.S. farmers look past trade fears to cash in on China's hog crisis
It might seem an unlikely time for U.S. farmers to look to China for more business but the devastating impact of African swine fever on the Chinese pork industry is trumping concerns about trade wars and tariffs.

Reuters Company News
Jul 22, 2019

UPDATE 2-Huawei's U.S. research arm slashes more than 70% of workforce
China's Huawei Technologies Co Ltd said it is slashing more than 600 jobs at its Futurewei Technologies research arm in the United States after being placed on a trade blacklist by the U.S. government.

Reuters Company News
Jul 22, 2019

PRESS DIGEST- British Business - July 23
The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

Reuters Company News
Jul 22, 2019

GLOBAL MARKETS-Easing hopes prop up global stocks, pound sags as Britain eyes new PM
* Pound sags with eurosceptic Johnson seen becoming new UK PM

Reuters Company News
Jul 22, 2019

PRESS DIGEST- Financial Times - July 23
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Reuters Company News
Jul 22, 2019

UPDATE 3-Trump agrees to prompt responses to license requests for Huawei sales
President Donald Trump agreed at a meeting with the heads of top technology companies like Google on Monday to make "timely" decisions on requests by U.S. companies to sell to blacklisted Huawei Technologies Co Ltd , the White House said.

Reuters Company News
Jul 22, 2019

Catalyst Capital seeks to take Hudson's Bay stake to oppose chairman's offer to go private
Private equity firm Catalyst Capital Group Inc on Monday offered to buy an estimated C$150 million stake in Hudson's Bay Co, and said it will oppose Executive Chairman Richard Baker's C$1.74 billion take-private proposal.

Reuters Company News
Jul 22, 2019

UPDATE 1-LG Display to invest $2.6 bln in OLED panel plant in S.Korea
LG Display said on Tuesday that it would invest 3 trillion won ($2.6 billion) in its organic light-emitting diode (OLED) panels production line in South Korea.

Reuters Company News
Jul 22, 2019

Equifax consumers face uphill battle for claims
Consumers affected by the massive Equifax Inc data breach in 2017 will not reap any windfalls from the credit reporting company's $700 million U.S. settlement announced on Monday, but may face a cumbersome process to get compensation.

Reuters Company News
Jul 22, 2019

RPT-The pits: How China's U.S. tariff jab choked a cherry import boom
* Whole trade decimated after U.S. import tariffs hiked to 50%

Reuters Company News
Jul 22, 2019

Trump meets with tech CEOs on Huawei
U.S. President Donald Trump met on Monday with the chief executives of seven technology companies and he agreed with their request for timely licensing decisions from the Commerce Department on blacklisted Chinese firm Huawei Technologies, the White House said.

Reuters Company News
Jul 22, 2019

AutoNation names new CEO, posts strong quarterly profit
AutoNation Inc, the largest U.S. auto dealership chain, on Monday named a new chief executive four months after picking someone else for the position, while posting a stronger-than-expected quarterly profit.

Reuters Company News
Jul 22, 2019

UPDATE 4-Fitch, Moody's cut Boeing's debt outlook to 'negative' on 737 MAX problems
Fitch Ratings and Moody's lowered their outlooks for Boeing Co to "negative" from "stable" on Monday, citing delays in its 737 MAX jets' return to service.

Reuters Company News
Jul 22, 2019

UPDATE 1-Apple in advanced talks to buy Intel's smartphone-modem chip business - WSJ
Apple Inc is in advanced talks to buy chipmaker Intel Corp's smartphone-modem chip business, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Reuters Company News
Jul 22, 2019

Ford to upgrade Chicago plant for SUVs, hire 450 workers
Ford Motor Co said on Monday it would invest $50 million upgrading a Chicago facility to partially assemble hybrid electric SUVs and vehicles for police use, creating 450 jobs.

Reuters Company News
Jul 22, 2019

UPDATE 6-Halliburton profit exceeds analysts estimates as costs cut; shares rise
Halliburton Co on Monday reported a second-quarter profit that beat analysts' estimates as its largest oil-well services unit exceeded expectations, sending shares to their biggest one-day gain in nearly three years.

Reuters Company News
Jul 22, 2019

Apple in advanced talks to buy Intel's smartphone-modem chip business - WSJ
Apple Inc is in advanced talks to buy chipmaker Intel Corp's smartphone-modem chip business, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Reuters Company News
Jul 22, 2019

UPDATE 6-Equifax's $700 mln data breach settlement spurs criticism, calls for new rules
Credit-reporting company Equifax Inc will pay up to $700 million to settle claims it broke the law during a massive 2017 data breach and to repay harmed consumers, in a landmark settlement that was nonetheless criticized by consumer advocates and some lawmakers who called for stricter regulation.

Reuters Company News
Jul 22, 2019

UPDATE 3-Bunge and BP team up in Brazil bioenergy venture, create No. 3 sugarcane processor
* Bunge recognizes impairment charge of up to $1.7 bln (Adds comments from executives in new JV)

Reuters Company News
Jul 22, 2019

UPDATE 1-Whirlpool earnings beat estimates as higher prices offset tariff impact
Whirlpool Corp on Monday reported better-than-expected quarterly earnings and lifted its full-year profit forecast, as the appliance maker raised prices on its washing machines and kitchen appliances to offset higher production costs.

Reuters Company News
Jul 22, 2019

EMERGING MARKETS-Latam FX muted as investors look ahead to ECB, Fed
Latin American currencies largely held steady on Monday as investors awaited policy decisions in the coming weeks from the European Central Bank and the U.S. Federal Reserve for clues on the path of interest rates. Also helping risk sentiment was a South China Morning Post report that U.S. trade negotiators might visit China next week for their first in-person talks with Beijing officials since the G20

Reuters Company News
Jul 22, 2019

Pemex business plan raises doubts about the company's viability -S&P
Mexican state oil company Pemex's newly announced business plan is a risky about-face that raises doubts about the company's long-term viability, analysts with credit ratings agency S&P Global Ratings wrote in a note on Monday.

Reuters Company News
Jul 22, 2019

GLOBAL MARKETS-Tech leads U.S. stocks higher; oil gains
U.S. stocks gained ground on Monday at the onset of a heavy earnings week, while European shares inched higher as investors took heart from potential progress in U.S.-China trade talks and increasing geopolitical tensions sent oil prices climbing.

Reuters Company News
Jul 22, 2019

US STOCKS-S&P 500 climbs toward record high, earnings in focus
* Indexes: Dow 0.07%, S&P 500 0.28%, Nasdaq 0.71% (Updates to close)

Reuters Company News
Jul 22, 2019

Whirlpool beats revenue estimates, raises full-year profit forecast
Whirlpool Corp on Monday beat analysts' estimates for second-quarter revenue and raised its full-year profit forecast, as the appliance maker sold its washing machines and kitchen appliances at higher prices.

Reuters Company News
Jul 22, 2019

Acadia's schizophrenia treatment fails to meet main goal of late-stage study
Acadia Pharmaceuticals Inc said on Monday its add-on treatment for schizophrenia failed to meet the main goal in a late-stage study.

Reuters Company News
Jul 22, 2019

US STOCKS SNAPSHOT-Wall Street gains as investors eye rate cuts
The S&P 500 ended higher on Monday, supported by expectations of lower interest rates, while investors awaited quarterly earnings from marquee companies Facebook, Alphabet and Amazon this week.

Reuters Company News
Jul 22, 2019

UPDATE 1-Huawei's U.S. research arm sends workers packing
Futurewei Technologies Inc, the U.S. research arm of China's Huawei Technologies Co Ltd, began laying off workers on Monday, according to employees including one who spoke to Reuters as he left the company's Silicon Valley campus.

Reuters Company News
Jul 22, 2019

UPDATE 5-Equifax's $700 mln data breach settlement spurs criticism, calls for new rules
Credit-reporting company Equifax Inc will pay up to $700 million to settle claims it broke the law with a massive 2017 data breach and to repay harmed consumers, in a landmark settlement that could spur new consumer data rules.

Reuters Company News
Jul 22, 2019

UPDATE 2-Britain delays decision on Huawei's role in 5G networks
* UK says awaits clarity on U.S. measures against Chinese company

Reuters Company News
Jul 22, 2019

UPDATE 2-Trump expected to attend White House tech meeting where Huawei will be discussed -sources
U.S. President Donald Trump is expected to drop in on a Monday meeting of top technology companies, including the chief executives of Intel Corp and Broadcom Inc, held to discuss blacklisted Huawei Technologies Co Ltd and other topics, two people briefed on the matter said.

Reuters Company News
Jul 22, 2019

Mars crude climbs to four-month high on storm-related output losses
Mars Sour, a U.S. Gulf of Mexico crude grade, firmed to the strongest in four months on Monday as traders focused on offshore production losses caused by a tropical storm and a minimal disruption to refining.

Reuters Company News
Jul 22, 2019

Soccer-Butt named United's head of first team development
Manchester United have promoted Nicky Butt to the new position of head of first team development, reporting directly to manager Ole Gunnar Solskjaer, the club announced on Monday.

Reuters Company News
Jul 22, 2019

Huawei executive says 'concerned' about Canadians held in China
The Canadian unit of China's Huawei Technologies Co Ltd sought to distance itself from the actions of the Chinese government on Monday, with a top local executive saying the company is worried about two Canadian men being held by Beijing.

Reuters Company News
Jul 22, 2019

US STOCKS-S&P 500 climbs toward record, marquee reports in focus
* Indexes: Dow 0.01%, S&P 500 0.28%, Nasdaq 0.68% (Updates to afternoon)

Reuters Company News
Jul 22, 2019

UPDATE 4-Equifax's $700 mln data breach settlement spurs calls for new rules
Credit-reporting company Equifax Inc will pay up to $700 million to settle claims it broke the law with a massive 2017 data breach and to repay harmed consumers, in a landmark settlement that could spur new consumer data rules.

Reuters Company News
Jul 22, 2019

UPDATE 1-FTC to announce $5 bln settlement with Facebook as early as this week -sources
The U.S. Federal Trade Commission is expected to announce a roughly $5 billion settlement with Facebook Inc as early as this week of its investigation into the social media company's handling of user data, two sources briefed on the matter said on Monday.

Reuters Company News
Jul 22, 2019

UPDATE 1-Britain delays decision on Huawei's role in 5G networks
Britain on Monday postponed a decision on whether Huawei could participate in building next-generation 5G mobile networks until it had a clearer picture on the impact of U.S. measures taken against the Chinese company.

Reuters Company News
Jul 22, 2019

CORRECTED-Two top fixed-income portfolio managers exit Eaton Vance
Bond fund managers Kathleen Gaffney and Henry Peabody left Eaton Vance Corp at the end of June and have been replaced by existing members of the firm's fixed-income team, a spokeswoman told Reuters.

Reuters Company News
Jul 22, 2019

Facebook, Amazon and Alphabet take center stage on Wall Street
The so-called FANG stocks take center stage on Wall Street this week, with Amazon , Alphabet and Facebook set to report as the S&P 500 approaches a record high.

Reuters Company News
Jul 22, 2019

FTC to announce $5 bln settlement with Facebook as early as this week -sources
The U.S. Federal Trade Commission is expected to announce a roughly $5 billion settlement with Facebook Inc as early as this week over its investigation into the social media company's handling of user data, two sources briefed on the matter said Monday.

Reuters Company News
Jul 22, 2019

UPDATE 1-EU redoubles threat to retaliate if U.S. raises auto tariffs
The European Union is keen to work with Washington to reform the World Trade Organization and cooperate on common challenges to global trade, but will retaliate if Washington makes good on its threat to raise car tariffs, a top EU official said on Monday.

Reuters Company News
Jul 22, 2019

'Avatar' and 'Avengers' trade compliments as 'Endgame' becomes box-office champ
Director James Cameron on Monday handed over the baton for the biggest box-office movie of all time to the makers of "Avengers: Endgame" after it ended the 10-year record of "Avatar." The Marvel Studios superhero movie "Avengers: Endgame" at the weekend overtook the $2.789 billion record set by Cameron's 2009 sci-fi film "Avatar" to bring its global total to $2.790 billion, according to box-office data.

Reuters Company News
Jul 22, 2019

GLOBAL MARKETS-U.S. stocks led higher by tech on trade optimism; oil rises
* Media report puts 25 bps Fed rate cut expectations back in play (Updates to late afternoon)

Reuters Company News
Jul 22, 2019

UPDATE 3-Congo minister's resignation over Ebola snub could unblock new vaccine
* Ebola outbreak is second deadliest in history (Adds comment from Johnson & Johnson)

Reuters Company News
Jul 22, 2019

Huawei's U.S. research arm laying off workers
The U.S.-based research arm of China's Huawei Technologies Co Ltd - Futurewei Technologies Inc - announced worker layoffs on Monday, according to two Futurewei employees.

Reuters Company News
Jul 22, 2019

Britain delays judgment on Huawei's role in 5G networks
Britain on Monday postponed its decision on whether Huawei could participate in next-generation 5G telecoms networks until there was a clearer picture about the impact of measures taken against the Chinese company by the United States.

Reuters Company News
Jul 22, 2019

US STOCKS-Wall Street edges higher ahead of major earnings, central bank meetings
* Dow flat, S&P up 0.26%, Nasdaq gains 0.66% (Updates to early afternoon)

Reuters Company News
Jul 22, 2019

UPDATE 2-European stocks end quiet trading session barely up
* Energy stocks rally on rising oil prices (Updates to close)

Reuters Company News
Jul 22, 2019

UPDATE 1-Trump expected to drop in on White House tech meeting with Broadcom, Intel CEOs -sources
U.S. President Donald Trump is expected to drop in on a Monday meeting of top technology companies, including the CEOs of Intel Corp and Broadcom Inc, to discuss blacklisted Huawei Technologies Co Ltd and other topics, two people briefed on the matter said.

Reuters Company News
Jul 22, 2019

UK to scrutinise takeover of satellite firm Inmarsat
Britain said on Monday it would scrutinise the acquisition of satellite communications firm Inmarsat by a private equity-led consortium to examine any potential impact on national security.

Reuters Company News
Jul 22, 2019

Philadelphia Energy Solutions seen selling RIN credits in months before bankruptcy -sources
Philadelphia Energy Solutions has been seen selling biofuel credits, called Renewable Identification Numbers (RINs), in the months leading up to filing for Chapter 11 bankruptcy protection, market sources said.

Reuters Company News
Jul 22, 2019

UPDATE 1-Huawei secretly helped North Korea build, maintain wireless network -Washington Post
Huawei Technologies Co Ltd , the Chinese company put on a U.S. blacklist because of national security concerns, secretly helped North Korea build and maintain its commercial wireless network, the Washington Post reported on Monday, citing sources and internal documents.

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