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 NEWS: REUTERS COMPANY NEWS
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   NEWS: REUTERS COMPANY NEWS
Reuters Company News
Jan 23, 2020

British taxes are a matter for us, not United States, says UK trade minister
Britain's tax policy is a matter for the British government, not the United States or the European Union, trade minister Liz Truss said on Thursday when asked about pressure from the U.S. administration over a planned digital tax.

Reuters Company News
Jan 23, 2020

China's mask makers cancel holidays, jack up wages as new virus spurs frenzied demand
Chinese face mask manufacturers are reopening factories shut for a national holiday, promising workers up to four times their normal wages as consumers emptied out stock in stores in a race to protect themselves from the new coronavirus infection.

Reuters Company News
Jan 23, 2020

DAVOS-France uses Davos to pursue global 'digital tax' goal
French Finance Minister Bruno Le Maire is optimistic of reaching a deal on a global tax on digital companies, despite an initial failure to agree one with the United States.

Reuters Company News
Jan 23, 2020

UPDATE 1-Virus fears drag down European stocks ahead of ECB policy decision
* STMicroelectronics climbs on upbeat results (Adds quote, details; updates prices)

Reuters Company News
Jan 23, 2020

WRAPUP 5-China locks down two cities at epicentre of virus outbreak
China put on lockdown on Thursday two cities at the epicentre of a new coronavirus outbreak that has killed 17 people and infected nearly 600, as health authorities around the world scramble to prevent a global pandemic.

Reuters Company News
Jan 23, 2020

EMERGING MARKETS-Stocks out of gas as China virus fears worsen; lower oil prices hit rouble
Most stocks in emerging markets fell on Thursday, as risk appetite took a back seat on rising fears over the spread of a new flu-like virus in China, while Russia's rouble lost ground tracking a decline in oil prices.

Reuters Company News
Jan 23, 2020

GLOBAL MARKETS-Virus fears keep stocks red; ECB gets ready to rethink
World shares fell on Thursday, led by the biggest decline in Chinese stocks in more than eight months, as concern mounted about the spread of a deadly virus in China.

Reuters Company News
Jan 23, 2020

UPDATE 3-BP appoints new finance chief as Looney prepares to take over
* Change of CFO could signal new financial strategy -analyst (In JAN 21 story adds BP comment, paragraph 8)

Reuters Company News
Jan 23, 2020

UPDATE 1-South Africa's Richards Bay 2019 coal exports fell to five-year low
South Africa's Richards Bay Coal Terminal (RBCT) said on Thursday exports fell nearly 2% last year to 72.15 million tonnes, their lowest level since 2014, in part because the monsoon season reduced demand from top customer India.

Reuters Company News
Jan 23, 2020

UPDATE 1-STMicro earnings beat estimates on demand for next-generation chips
Franco-Italian chipmaker STMicroelectronics' fourth-quarter results beat analysts estimates on Thursday as demand for chips dedicated to the next generation of smartphones and low-emission cars helped offset a slowdown in more traditional products.

Reuters Company News
Jan 23, 2020

UPDATE 1-Roche's SMA drug trial win bolsters $2 bln sales prospects
Roche's spinal muscular atrophy (SMA) drug risdiplam hit another clinical trial target, the Swiss drugmaker said on Thursday, which analysts said bolsters its prospects of reaching $2 billion in annual sales.

Reuters Company News
Jan 23, 2020

A growing problem: Nigerian rice farmers fall short after borders close
Thomas Tyavwva Maji is planting rice on more of his land in Nigeria's Benue State than ever to take advantage of a surge in prices since the country shut its land borders in August.

Reuters Company News
Jan 23, 2020

Virus concerns weigh on European stocks ahead of ECB policy decision
European shares fell in early trading on Thursday, hit by worries over the spread of a new flu-like virus in China, with investors also bracing for the European Central Bank's first policy decision of the year.

Reuters Company News
Jan 23, 2020

South Africa's Richards Bay coal exports fall to 72.15 mln T in 2019
South Africa's Richards Bay Coal Terminal (RBCT) said on Thursday that exports fell last year to 72.15 million tonnes from 73.47 million tonnes in 2018.

Reuters Company News
Jan 23, 2020

UPDATE 1-Britain says Huawei alternatives are limited, decision soon - minister
Britain will soon decide what role China's Huawei will have in its 5G telecommunications network but there are only a limited number of alternative providers, business minister Andrea Leadsom said on Thursday.

Reuters Company News
Jan 23, 2020

Private equity firm EQT to begin review of credit business
Swedish private equity firm EQT AB will conduct a strategic review of its credit investments business after a drop in total assets under management, it said on Thursday. EQT said it had appointed JP Morgan as financial adviser for the review of the credit business, which had 3.9 billion euros ($4.3 billion) of assets under management.

Reuters Company News
Jan 23, 2020

Britain will make Huawei decision soon, discussions ongoing - minister
Britain will soon decide what role China's Huawei will have in its 5G telecommunications network but there are only a limited number of alternative providers, business minister Andrea Leadsom said on Thursday.

Reuters Company News
Jan 23, 2020

Britain to United States: We want a trade deal and a digital tax
Britain wants a trade deal with the United States but will impose a digital service tax on the revenue of companies such as Google, Facebook and Amazon, business minister Andrea Leadsom said on Thursday.

Reuters Company News
Jan 23, 2020

UPDATE 1-UK Stocks-Factors to watch on Jan. 23
Britain's FTSE 100 index is seen opening 9 points lower at 7,563 on Thursday, according to financial bookmakers, with futures flat ahead of the cash market open.

Reuters Company News
Jan 23, 2020

WRAPUP 4-China locks down city of 11 mln at epicentre of virus outbreak
China is putting on lockdown a city of 11 million people considered the epicentre of a new coronavirus outbreak that has killed 17 and infected nearly 600, as health authorities around the world scramble to prevent a global pandemic.

Reuters Company News
Jan 23, 2020

UPDATE 2-Boeing's new CEO orders rethink on key jetliner project
Boeing Co's new chief executive has sent the aerospace giant back to the drawing board on proposals for a new mid-market aircraft, effectively shelving in their current form plans worth $15 billion-$20 billion that had been overtaken by the 737 MAX crisis.

Reuters Company News
Jan 23, 2020

RPT-UPDATE 3-Boeing CEO expects to resume 737 MAX production before mid-year
Boeing Chief Executive Dave Calhoun told reporters on Wednesday the U.S. planemaker expects to resume 737 MAX production months before its forecasted mid-year return to service and said it did not plan to suspend or cut its dividend.

Reuters Company News
Jan 23, 2020

CITIC Capital plans $200 mln U.S. IPO for "blank cheque" company
Chinese private equity firm CITIC Capital plans to raise $200 million by listing a "blank cheque" special purpose acquisition company (SPAC), according to a filing with the U.S. Securities and Exchange Commission.

Reuters Company News
Jan 23, 2020

Siemens CEO Kaeser asks Trump for equal treatment in Mideast
Siemens Chief Executive Joe Kaeser said he was seeing a more positive mood among the German engineering company's clients at the start of the year, he told CNBC on Thursday.

Reuters Company News
Jan 23, 2020

French Finance minister sees global railway consolidation in "coming years"
French finance minister Bruno Le Maire said on Thursday a consolidation in the global railway industry would occur in the "coming years", amid speculation French company Alstom and Canada's Bombardier would combine their rail businesses.

Reuters Company News
Jan 23, 2020

France's Le Maire: still hopeful of digital tax deal
French Finance Minister Bruno Le Maire said on Thursday that he remained hopeful of reaching a global digital tax deal, despite an initial failure to strike an agreement on the issue with the United States.

Reuters Company News
Jan 23, 2020

Nikkei drops to two-week low as China virus spreads; cyclicals lose ground
Japanese shares skidded to two-week lows on Thursday, led by commodity-related and other cyclical stocks, as heightened anxiety about the spread of a new coronavirus in China sapped confidence.

Reuters Company News
Jan 23, 2020

PRESS DIGEST - Wall Street Journal - Jan 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
Jan 23, 2020

STMicro posts Q4 net revenues beat but sees sales slowing q/q
Franco-Italian chipmaker STMicroelectronics' said on Thursday its fourth-quarter sales and gross margin were above its mid-point guidance, boosted by all product groups and manufacturing efficiencies.

Reuters Company News
Jan 23, 2020

Roche's risdiplam meets primary endpoint in trial of SMA drug in infants
Roche's risdiplam met the primary endpoint in a pivotal clinical trial in infants with type 1 spinal muscular atrophy, the Swiss drugmaker said on Thursday.

Reuters Company News
Jan 23, 2020

GLOBAL MARKETS-Steep losses in China stocks hit Asia, oil tumbles as virus fears grow
* Risk assets slump in Asia, led by sharp losses in China stocks

Reuters Company News
Jan 23, 2020

EXPLAINER-Global airlines on high alert as virus outbreak spreads
Airlines and passengers are on guard against a new flu-like virus that originated in Wuhan, China.

Reuters Company News
Jan 23, 2020

PRESS DIGEST- New York Times business news - Jan. 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
Jan 23, 2020

REUTERS NEWS SCHEDULE AT 6 a.m GMT/1 a.m ET
Here are the top stories and upcoming coverage plans for Reuters text service as of 6 a.m. GMT/1 a.m. ET. For a full schedule of news and events, go to our editorial calendar on Reuters Connect https://www.reutersconnect.com/planning.

Reuters Company News
Jan 23, 2020

WRAPUP 3-China locks down city of 11 mln at epicentre of virus outbreak
China is putting on lockdown a city of 11 million people considered the epicentre of a new coronavirus outbreak that has killed 17 and infected nearly 600, as health authorities around the world scramble to prevent a global pandemic.

Reuters Company News
Jan 23, 2020

UK Stocks-Factors to watch on Jan. 23
Britain's FTSE 100 index is seen opening 9 points lower at 7,563 on Thursday, according to financial bookmakers. * BANKS: Britain's regulators should have a formal role after Brexit to keep the financial sector globally competitive and less prone to "gold-plating" international norms, an industry think tank said. * JOBS: British employers offered their staff a median annual pay settlement of 2.2% in the three months to December, down from 2.6% in the three mon

Reuters Company News
Jan 22, 2020

UPDATE 1-Singapore's Scoot cancels flight to China's Wuhan over virus outbreak
Singapore Airlines' budget carrier Scoot said on Thursday it had suspended its daily flights to China's Wuhan after authorities locked down the city at the centre of a fast-spreading virus outbreak.

Reuters Company News
Jan 22, 2020

UPDATE 1-Amazon asks court to pause Microsoft's work on Pentagon's JEDI contract
Amazon.com Inc said on Wednesday it filed a motion in court to pause the U.S. Department of Defense and Microsoft Corp from carrying out an up to $10 billion cloud computing deal until a court rules on its protest of the contract award.

Reuters Company News
Jan 22, 2020

Singapore's Scoot cancels flight to China's Wuhan over virus outbreak
Singapore Airlines' budget carrier Scoot on Thursday cancelled its daily flight to China's central city of Wuhan, online flight information showed, after authorities locked down the centre of a fast-spreading virus outbreak.

Reuters Company News
Jan 22, 2020

Hong Kong rail operator to suspend some ticket sales to China's Wuhan
Hong Kong rail operator MTR Corp Ltd said on Thursday it would suspend sales of high speed tickets to and from China's Wuhan city, the source of an outbreak of a new flu-like virus.

Reuters Company News
Jan 22, 2020

UPDATE 1-Singapore rebuts illegal hanging report, serves fake news notices
Singapore has rebutted a report alleging illegal execution practices in the city-state and ordered Yahoo and others to attach fake news notices on posts and articles that shared the allegations.

Reuters Company News
Jan 22, 2020

Amazon files motion to halt Microsoft's work on Pentagon's JEDI contract
Amazon.com Inc on Wednesday said it filed a motion to pause the U.S. Department of Defense and Microsoft Corp from carrying out an up to $10 billion cloud computing deal until a court rules on its protest of the contract award.

Reuters Company News
Jan 22, 2020

Morning News Call - India, January 23
To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_01232020.pdf If you would like to receive this newsletter via email, please register at: http://solutions.refinitiv.com/MNCIndiaSubscriptionpage LIVE CHAT - LIVE FROM DAVOS Moderated by experienced Reuters journalists, join us in the GMF as we bring you to the heart of the Davos debate and on-location coverage of one of

Reuters Company News
Jan 22, 2020

Boeing delays 777X plane's first test flight due to bad weather
Boeing Co said on Wednesday it was delaying 777X airplane's first test flight, which was scheduled to take place on Thursday, due to bad weather.

Reuters Company News
Jan 22, 2020

Nikkei retreats as China virus spreads, energy-linked firms sag
Tokyo shares dropped on Thursday, led by energy-related and cyclical stocks, as investors remained anxious about the spread of a new flu-like virus in China and awaited Japanese corporate earnings.

Reuters Company News
Jan 22, 2020

UPDATE 1-Activist hedge fund Elliott sells stakes in Hyundai Motor companies - paper
Elliott Management sold all its shares in Hyundai Motor Group companies last year after it was thwarted in its campaign for huge special dividends and board seats, South Korean media reported.

Reuters Company News
Jan 22, 2020

GLOBAL MARKETS-Asian shares wilt, oil tumbles as China virus spreads
Asian shares and U.S. stocks fell on Thursday as investors remained anxious about the spread of a new flu-like virus in China just as millions prepared to travel for the Lunar New Year.

Reuters Company News
Jan 22, 2020

PRESS DIGEST- British Business - Jan 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
Jan 22, 2020

PRESS DIGEST- Financial Times - Jan 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
Jan 22, 2020

UPDATE 1-PG&E strikes deal with creditors over restructuring
Bankrupt California power producer PG&E Corp said on Wednesday it had reached a deal on its restructuring with creditors, who were pushing for a rival plan.

Reuters Company News
Jan 22, 2020

GLOBAL MARKETS-Asian stocks fall, safe havens up as China virus fears grow
Asian shares and U.S. stock futures edged lower on Thursday as investors remained anxious about the spread of a new flu-like virus in China just as millions prepared to travel for the Lunar New Year.

Reuters Company News
Jan 22, 2020

RPT-Chinese steelmaker HBIS in yuan-denominated iron ore deal with Brazil's Vale
HBIS Group, China's second-biggest steelmaker, on Wednesday said its trading arm had secured two letters of credit to purchase iron ore from Brazil's Vale in a 200 million yuan ($29 million) contract denominated in the Chinese currency.

Reuters Company News
Jan 22, 2020

PG&E strikes deal with creditors over restructuring
Bankrupt California power producer PG&E Corp said on Wednesday it had reached a deal on its restructuring with creditors who were pushing for a rival plan.

Reuters Company News
Jan 22, 2020

Finance wants competitiveness role for UK watchdogs after Brexit
Britain's regulators should have a formal role after Brexit to keep the financial sector globally competitive and less prone to "gold-plating" international norms, an industry think tank said on Thursday.

Reuters Company News
Jan 22, 2020

UPDATE 2-Texas Instruments says chip demand stabilising, sees revenue above Street
Texas Instruments Inc forecast first-quarter revenue above market expectations on Wednesday on signs of stable demand for microchips, indicating that a prolonged slowdown in the semiconductor industry was bottoming out.

Reuters Company News
Jan 22, 2020

UPDATE 9-U.N. experts demand probe into alleged Saudi hack of Amazon boss Bezos
* Saudi prince may have been involved in alleged hack - UN experts

Reuters Company News
Jan 22, 2020

European Commission chief von der Leyen may visit Washington next month -EU ambassador
European Commission President Ursula von der Leyen may visit Washington in early February, EU Ambassador Stavros Lambrinidis said on Wednesday.

Reuters Company News
Jan 22, 2020

UPDATE 1-In a first, Brazil produces more than 1 billion barrels of oil in 2019
Brazil produced 1.018 billion barrels of oil in 2019, marking the first time the South American nation passed the billion-barrel mark for annual production, the national oil regulator said on Wednesday.

Reuters Company News
Jan 22, 2020

RPT-Opening of Trump impeachment trial draws 11 million TV viewers
About 11 million TV viewers watched the start of the U.S. Senate impeachment trial of President Donald Trump on Tuesday when lawmakers sparred for hours over witnesses and records for the historic proceedings, according to Nielsen ratings data.

Reuters Company News
Jan 22, 2020

UPDATE 3-Canadian judge approves C$196.5 mln Volkswagen fine for diesel emissions
A judge in Canada approved a C$196.5 million ($149.7 million) fine against Volkswagen AG on Wednesday after the company pleaded guilty to dozens of counts of diesel emissions violations.

Reuters Company News
Jan 22, 2020

Opening of Trump impeachment trial draws 11 million TV viewers
About 11 million TV viewers watched the start of the U.S. Senate impeachment trial of President Donald Trump on Tuesday when lawmakers sparred for hours over witnesses and records for the historic proceedings, according to Nielsen ratings data.

Reuters Company News
Jan 22, 2020

UPDATE 1-Boeing's new CEO orders rethink on key jetliner project
Boeing Co's new chief executive has sent the aerospace giant back to the drawing board on proposals for a new mid-market aircraft, effectively shelving in their current form plans worth $15 billion-$20 billion that had been overtaken by the 737 MAX crisis.

Reuters Company News
Jan 22, 2020

UPDATE 2-Kinder Morgan profit, cash flow rise on Gulf Coast Express pipeline strength
U.S. pipeline operator Kinder Morgan Inc reported a 26% rise in quarterly profit on Wednesday, benefiting from higher gas takeaway from the Permian Basin through its Gulf Coast Express pipeline.

Reuters Company News
Jan 22, 2020

UPDATE 3-Boeing CEO expects to resume 737 MAX production before mid-year
Boeing Chief Executive Dave Calhoun told reporters on Wednesday the U.S. planemaker expects to resume 737 MAX production months before its forecasted mid-year return to service and said it did not plan to suspend or cut its dividend.

Reuters Company News
Jan 22, 2020

Ford expects $2.2 bln pre-tax hit related to pension plans in fourth quarter
Ford Motor Co said on Wednesday its fourth quarter results will be hit by a pre-tax loss of about $2.2 billion due to higher contributions to its employees pension plans.

Reuters Company News
Jan 22, 2020

UPDATE 1-No turkeys. No possums. U.S. to let airlines limit service animals on planes to trained dogs
The U.S. Transportation Department on Wednesday proposed giving airlines the power to bar emotional support animals from cabins and limit the definition of a service animal to a trained dog.

Reuters Company News
Jan 22, 2020

REUTERS NEWS SCHEDULE AT 10 p.m. GMT /6:00 a.m. SGT
Here are the top stories and upcoming coverage plans for Reuters text service as of 10 p.m. GMT /6:00 a.m. SGT. For a full schedule of news and events, go to our editorial calendar on Reuters Connect https://www.reutersconnect.com/planning.

Reuters Company News
Jan 22, 2020

GLOBAL MARKETS-Stocks edge up, oil drops as China virus worries abate
* World FX rates in 2020 http://tmsnrt.rs/2egbfVh (Updates to close of U.S. markets)

Reuters Company News
Jan 22, 2020

UPDATE 1-Texas Instruments forecasts current-quarter revenue above estimates
Chipmaker Texas Instruments Inc forecast revenue for the current quarter above analysts' estimates on Wednesday and said most of its markets showed signs of stabilizing.

Reuters Company News
Jan 22, 2020

UPDATE 1-Kinder Morgan profit, cash flow rise on Gulf Coast Express pipeline strength
U.S. pipeline operator Kinder Morgan Inc reported a 26% rise in quarterly profit on Wednesday, benefiting from higher gas takeaway from Permian Basin through its Gulf Coast Express pipeline.

Reuters Company News
Jan 22, 2020

UPDATE 1-U.S., Canadian oil company bankruptcies surge 50% in 2019 -report
The number of oil and gas company bankruptcies in the United States and Canada rose 50% in 2019 over the previous year, and is likely to increase as a slide in energy prices continues to shake producers Dallas law firm Haynes and Boone said in a report released on Wednesday.

Reuters Company News
Jan 22, 2020

US STOCKS-Tech sector pushes the S&P 500 to slight gain
* Indexes: Dow off 0.03%, S&P up 0.03%, Nasdaq up 0.14% (Updates to market close)

Reuters Company News
Jan 22, 2020

Texas Instruments beats quarterly revenue estimates
Chipmaker Texas Instruments Inc beat quarterly revenue estimates on Wednesday and said most of its markets showed signs of stabilizing.

Reuters Company News
Jan 22, 2020

Kinder Morgan profit jumps 26% on Gulf Coast Express pipeline strength
U.S. pipeline operator Kinder Morgan Inc reported a 26% rise in quarterly profit on Wednesday, benefiting from higher gas takeaway from Permian Basin through its Gulf Coast Express pipeline.

Reuters Company News
Jan 22, 2020

WRAPUP 13-China's Wuhan shuts down transport as global alarm mounts over virus spread
* Outbreak center of Wuhan says citizens should not leave city

Reuters Company News
Jan 22, 2020

US STOCKS SNAPSHOT-Tech sector leads S&P 500 to slight gain
Technology shares led the S&P 500 marginally higher on Wednesday, as a healthy forecast from IBM helped mitigate worries over the developing coronavirus outbreak.

Reuters Company News
Jan 22, 2020

UPDATE 3-Canada prosecutors say fraud at heart of Huawei CFO Meng's U.S. extradition case
Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver courtroom on Wednesday where Canadian prosecutors defended a U.S. extradition request, saying Meng's alleged bank fraud is the heart of the case that has strained relations between Ottawa and Beijing.

Reuters Company News
Jan 22, 2020

UPDATE 7-U.N. experts demand probe into alleged Saudi hack of Amazon boss Bezos
* Saudi prince may have been involved in alleged hack - UN experts

Reuters Company News
Jan 22, 2020

FOREX-Dollar steady as coronavirus contagion fears abate
* Sterling gains further as BoE rate-cut fears recede (Updates to U.S. afternoon trading)

Reuters Company News
Jan 22, 2020

UPDATE 1-Google finds security flaws in Apple's web browser - FT
Google researchers have found multiple security flaws in Apple Inc's Safari web browser that allowed the tracking of users' browsing behavior, the Financial Times reported https://www.ft.com/content/916a766a-3d27-11ea-a01a-bae547046735 on Wednesday, citing a soon-to-be published paper.

Reuters Company News
Jan 22, 2020

UPDATE 1-Canadian prosecutors seek to fine Volkswagen C$196.5 mln for diesel emissions
Prosecutors in Canada on Wednesday proposed a $196.5 million (CAD) ($149.5 million) fine against Volkswagen AG after the company pleaded guilty to dozens of counts of diesel emissions violations, a company spokesman confirmed on Wednesday.

Reuters Company News
Jan 22, 2020

UPDATE 2-Luxury label Vuitton deepens U.S. ties with NBA basketball deal
LVMH's Louis Vuitton said on Wednesday it had struck a partnership with the National Basketball Association (NBA), a major men's professional league, as the luxury goods brand ramps up its efforts to make a splash in the United States.

Reuters Company News
Jan 22, 2020

Canadian prosecutors propose $196.5 million fine against Volkswagen for diesel violations
Prosecutors in Canada on Wednesday proposed a $196.5 million (CAD) ($258.3 million) fine against Volkswagen AG after the company pleaded guilty to dozens of counts of diesel emissions violations, a company spokesman confirmed.

Reuters Company News
Jan 22, 2020

Virginia AG files Supreme Court brief opposing Dominion Atlantic Coast natgas pipe
Virginia Attorney General Mark Herring on Wednesday filed a brief in the Atlantic Coast natural gas pipeline case at the U.S. Supreme Court opposing construction of Dominion Energy Inc's $7.3-$7.8 billion project.

Reuters Company News
Jan 22, 2020

CORRECTED-Canada's Rogers expects to spend up to C$2.9 bln in 2020
Rogers Communications Inc said on Wednesday it expects to spend up to C$2.9 billion ($2.21 billion) this year to expand its communications infrastructure in Canada, including for 5G, but warned that "punitive" regulations would slow the deployment of the high speed network.

Reuters Company News
Jan 22, 2020

Boeing CEO says taking fresh look at potential mid-market aircraft
Boeing Co is taking a fresh look at a potential new mid-market aircraft, Chief Executive Dave Calhoun said on Wednesday, putting the brakes on a project that became overshadowed by the fallout of the 737 MAX.

Reuters Company News
Jan 22, 2020

US STOCKS-S&P 500, Nasdaq on track for record closing highs
* Indexes up: Dow 0.20%, S&P 0.29%, Nasdaq 0.51% (Updates to late afternoon, changes dateline, byline)

Reuters Company News
Jan 22, 2020

UPDATE 2-Canada prosecutors say fraud at heart of Huawei CFO Meng's U.S. extradition case
Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver courtroom on Wednesday where Canadian prosecutors defended a U.S. extradition request, saying Meng's alleged bank fraud is the heart of the case that has strained relations between Ottawa and Beijing.

Reuters Company News
Jan 22, 2020

UPDATE 6-U.N. experts demand probe into alleged Saudi hack of Amazon boss Bezos
* Saudi prince may have been involved in alleged hack - UN experts

Reuters Company News
Jan 22, 2020

UPDATE 1-No alternative to grounded Boeing 737 MAX, Aercap CEO says
* Aercap has 100 MAX planes on order (Updates with comments on possible timing of replacement for MAX; on banks treating MAX as riskier than Airbus rivals; on possible cancellations)

Reuters Company News
Jan 22, 2020

DAVOS-Fed may tighten in 2nd half 2020 if inflation quickens - Guggenheim CIO Minerd
The U.S. Federal Reserve could tighten monetary policy as soon as the second half of 2020, provided inflation even modestly picks up, Guggenheim Partners Global Chief Investment Officer Scott Minerd said on Wednesday.

Reuters Company News
Jan 22, 2020

UPDATE 1-Proxy solicitor Morrow Sodali hires Schulman from MacKenzie
Proxy solicitor Morrow Sodali this week hired Paul Schulman from rival MacKenzie Partners, a prominent shakeup in the tight-knit world of vote-counting for corporate battles.

Reuters Company News
Jan 22, 2020

GLOBAL MARKETS-Stocks edge up as China virus worries abate; oil drops
* World FX rates in 2020 http://tmsnrt.rs/2egbfVh (Updates death toll from virus; updates prices, market activity and comments)

Reuters Company News
Jan 22, 2020

Judge excludes Trump critic Avenatti's financial strains from Nike extortion trial
A U.S. judge on Wednesday said federal prosecutors may not try to show that Michael Avenatti's heavy debts gave him a motive to extort Nike Inc, giving a victory to the celebrity lawyer as he prepares for his upcoming criminal trial.

Reuters Company News
Jan 22, 2020

Lab-grown meat producer Memphis Meats raises $161 mln in funding led by SoftBank
Lab-grown meat producer Memphis Meats said on Wednesday it raised $161 million in a funding round led by Japan's SoftBank Group, Singapore's wealth fund Temasek Holdings and Norwest Venture Partners.

Reuters Company News
Jan 22, 2020

UPDATE 1-Boeing CEO says he expects to resume 737 MAX production before mid-year
Boeing chief executive Dave Calhoun told reporters on Wednesday the U.S. planemaker expects to resume 737 MAX production "months" before its forecasted mid-year return to service.

Reuters Company News
Jan 22, 2020

WRAPUP 11-Global alarm mounts as China virus deaths hit 17
Deaths from China's new flu-like virus rose to 17 on Wednesday with more than 540 cases confirmed, increasing fears of contagion from an infection suspected to originate from illegally traded wildlife.

Reuters Company News
Jan 22, 2020

North American oil company bankruptcies jump in 2019 -report
The number of oil company bankruptcies rose 50% in 2019 over the previous year, as a slide in prices continued to shake producers in the United States and Canada, Dallas law firm Haynes and Boone said in a report released on Wednesday.

Reuters Company News
Jan 22, 2020

Boeing CEO says he expects to resume 737 MAX production before mid-year
Boeing chief executive Dave Calhoun told reporters on Wednesday the U.S. planemaker expects to resume 737 max production "months" before its forecasted mid-year return to service.

Reuters Company News
Jan 22, 2020

DAVOS-Fringe groups undermine democracy via social media -Kofi Annan think-tank
Social media has become a hotbed of extremism, used to undermine democracy, a think-tank said on Wednesday, calling for reforms to restore trust in government and banish fringe elements.

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