|
Oct 19, 2018
ABB Chief Executive
Ulrich Spiesshofer will not attend an investment conference in
Saudi Arabia next week, the Swiss engineering group said on
Friday.
|
|
Oct 19, 2018
Oct 19 (Reuters - Railroad operator Kansas City Southern
on Friday reported a 34 percent jump in quarterly profit
even though network congestion hurt operations in Mexico, where
the company has extensive services.
|
|
Oct 19, 2018
VF Corp shares tumbled 7 percent
on Friday after the apparel maker issued a bleak forecast for
its struggling jeans business and reported slow sales at outdoor
wear brands including Timberland, even though quarterly results
were stronger than expected due to brisk sales of Vans sneakers.
|
|
Oct 19, 2018
With Ford Motor Co's
stock at nearly a nine-year low and the company squeezed by
tariffs and trade tensions, Chief Executive Jim Hackett sought
to restore confidence among dealers gathered in Las Vegas this
week, days ahead of announcing the automaker's third-quarter
results.
|
|
Oct 19, 2018
The value of firm orders for
Embraer SA's planes fell to its lowest point in more
than five years, the company said on Friday, on a canceled
JetBlue Airways Corp order and doubts about a new plane
aimed at the U.S. regional jet market.
|
|
Oct 19, 2018
* Indexes higher: Dow 0.8 pct, S&P 0.8 pct, Nasdaq 1.1 pct
(Updates to open)
|
|
Oct 19, 2018
Canada's main stock index rose on Friday
after data showed annual inflation rate dipped as price
pressures from gas and air travel eased.
|
|
Oct 19, 2018
* Bank likely to see income fall further in Q3/Q4 -
executive
(Adds quote, context)
|
|
Oct 19, 2018
Brazil's BRF SA the
world's largest chicken exporter, said on Friday it has been
cooperating with authorities handling a probe into whether it
colluded with health officials to evade food safety checks,
lifting its shares 1 percent in early trading.
|
|
Oct 19, 2018
NEW YORK, Oct 19 (LPC) - Leverage ratios on private
equity-backed deals are rising again as banks compete more
aggressively for lucrative private equity loans after regulators
relaxed leveraged lending guidelines earlier this year.
|
|
Oct 19, 2018
AbbVie Inc on Friday appointed
Robert Michael as its chief financial officer, replacing William
Chase, who will retire in mid-2019.
|
|
Oct 19, 2018
* Daimler sees 2018 group EBIT significantly below prior-yr
level
|
|
Oct 19, 2018
* Tashkent seeks produce, refine more gas with Russian
investments
(Adds details of other Russin-Uzbek energy deals)
|
|
Oct 19, 2018
Honeywell International Inc said
on Friday costs related to trade tariffs could put pressure on
margins in 2019.
|
|
Oct 19, 2018
Standard Chartered is a
facing 'a significant challenge' to meet its 2018 cost reduction
targets and predicts a recent slowdown in income will continue
for the rest of the year, website efinancialcareers reported on
Friday, citing an internal email.
|
|
Oct 19, 2018
Canada's main stock index rose at opening on
Friday, driven by an expctation of another interest hike.
|
|
Oct 19, 2018
Facebook Inc has hired former U.K.
Deputy Prime Minister Nick Clegg to lead its global affairs and
communications team, as the social network deals with a number
of scandals related to privacy, fake news and election meddling.
|
|
Oct 19, 2018
Dell Technologies Inc will ask
holders of "tracking stock" tied to its software company VMware
Inc to vote on its $21.7 billion cash-and-stock offer to
buy it back from them on Dec. 11, according to people familiar
with the matter.
|
|
Oct 19, 2018
U.S. stocks opened higher on Friday on
upbeat results from major U.S. companies such as P&G and
Honeywell.
|
|
Oct 19, 2018
Advertising company Interpublic Group of
Cos Inc's quarterly organic revenue growth outperformed
rivals Omnicom Group Inc and Publicis Groupe SA
on Friday, benefiting from higher client spending
worldwide.
|
|
Oct 19, 2018
Apparel maker VF Corp's
second-quarter results topped Wall Street expectations and
raised its forecast for the year on Friday as demand for its
popular Vans sneakers and The North Face outerwear offset losses
in its other businesses.
|
|
Oct 19, 2018
The cost of insuring exposure to
Italy's banks jumped on Friday, after the country's government
bond market sold off sharply as the European Union slammed
Rome's draft budget.
Five-year credit default swaps in UniCredit rose to
204 basis points, from a closing price of 194 bps on Thursaday
and was the highest since Dec 2016. CDS in
Intesa Sanpaolo widened eight bps to 212, and
Mediobanca rose 10 basis points, data from IHS Markit
showed.
|
|
Oct 19, 2018
Procter & Gamble Co reported
first-quarter profit that beat estimates and sales that
unexpectedly rose on Friday, thanks to robust demand for its
beauty and cleaning products, helping it stave off rivalry from
cheaper store-branded products.
|
|
Oct 19, 2018
Schlumberger NV Chief Executive
Officer Paal Kibsgaard said on Friday that growth in the Permian
basin could be lower than anticipated, and that pricing and
demand for oilfield services in North America will remain soft
in the fourth quarter.
|
|
Oct 19, 2018
* Shares slump the most since July 2017
(Updates with shares, analyst)
|
|
Oct 19, 2018
Oct 19 (Reuters - Railroad operator Kansas City Southern
on Friday reported a 34 percent jump in quarterly profit
even though network congestion hurt operations in Mexico, where
the company has extensive services.
|
|
Oct 19, 2018
* Futures higher: Dow 0.36 pct, S&P 0.29 pct, Nasdaq 0.51
pct
(Changes comment, adds details, updates prices)
|
|
Oct 19, 2018
Almost a third of all
cryptocurrencies that were financed through online fundraisers
last year have lost "substantially all value," while the vast
majority are trading below their listing price, according to an
Ernst & Young report published on Friday.
|
|
Oct 19, 2018
The European Commission
approved on Friday the acquisition of software development tool
maker GitHub by software giant Microsoft without conditions
saying the purchase would not damage competition in the sector.
|
|
Oct 19, 2018
Oilfield services provider Schlumberger
NV on Friday reported a slight profit beat but said that
the pace of growth in North America had slowed due to
transportation bottlenecks in the largest U.S. shale basin.
|
|
Oct 19, 2018
Railroad operator Kansas City Southern
on Friday reported a 34 percent jump in quarterly profit
despite network congestion hurting its operations in Mexico,
where the company has extensive services.
|
|
Oct 19, 2018
Russia and Uzbekistan began
preliminary work on Friday on the first Uzbek nuclear power
plant project which Moscow estimates will cost $11 billion.
|
|
Oct 19, 2018
* Improving demand for spares parts, business jets boosts
profit
|
|
Oct 19, 2018
A European Medicines Agency (EMA) panel
on Friday recommended approving a potential blockbuster drug
from Shire Plc to treat patients aged 12 and older with
a rare hereditary disease that causes swelling in different
parts of the body.
|
|
Oct 19, 2018
* Freeze on new Western business with Saudi could last
months
|
|
Oct 19, 2018
Investors shed Italian bonds on
Friday, driving their yields to 4-year highs while the euro fell
to a 2-month low as the European Union called Rome's draft
budget an "unprecedented" breach of EU fiscal rules.
|
|
Oct 19, 2018
German Finance Minister Olaf
Scholz is working with international counterparts on a global
minimum corporate tax, a ministry spokesman said on Friday, as
governments look to prevent companies from shopping around for
tax havens.
|
|
Oct 19, 2018
Brazilian food company BRF SA
said on Friday it has been cooperating with
authorities handling a probe into whether it colluded with
health officials to evade food safety checks.
|
|
Oct 19, 2018
Regional U.S. railroad Kansas City
Southern reported a 34 percent rise in quarterly profit
on Friday, boosted by strength in its automotive, chemicals and
petroleum segments.
|
|
Oct 19, 2018
Facebook Inc has hired former U.K.
deputy prime minister Nick Clegg as head of the social network's
global affairs and communications team, the Financial Times
reported on Friday.
|
|
Oct 19, 2018
Shandong Zhaojin Group
, one of China's biggest gold miners, is scouring
assets in South America as it looks to invest in its first
overseas mining project, its general manager said on Friday.
|
|
Oct 19, 2018
Brazilian food company BRF SA
, which is being investigated for allegedly colluding
with health inspector officials to evade food safety checks,
said on Friday it has been cooperating with the authorities
handling the ongoing probe.
|
|
Oct 19, 2018
Procter & Gamble Co reported a
surprise rise in first-quarter sales on Friday on strong demand
for its beauty products and cleaning supplies, helping it in its
fight against competition from cheaper store-branded products.
|
|
Oct 19, 2018
U.S. stock futures ticked higher on
Friday as a handful of major U.S. corporations beat results
forecasts, offsetting concerns about political and growth risks
in Europe, China and Saudi Arabia that drove a 1 percent fall a
day earlier.
|
|
Oct 19, 2018
Rogers Communications Inc
reported a better-than-expected quarterly profit on Friday as
the Canadian telecom company benefited from strong growth in its
wireless and cable businesses.
|
|
Oct 19, 2018
Turkey has not shared audio
recordings said to document the killing of Saudi journalist
Jamal Khashoggi inside the Saudi consulate in Istanbul, its
foreign minister said on Friday, dismissing reports it had
passed them on to the United States.
|
|
Oct 19, 2018
Futures for Canada's main stock index
were higher on Friday ahead of inflation data, supported by
gains in energy shares as oil prices rose.
|
|
Oct 19, 2018
Schlumberger NV's third-quarter
profit rose 18.2 percent on higher oilfield services demand and
the company said it expects the current pipeline bottlenecks in
the Permian basin to be addressed within the next 12 to 18
months.
|
|
Oct 19, 2018
Interpublic Group of Cos Inc beat
analysts' estimates for quarterly revenue on Friday, as the U.S.
advertising company benefited from higher client spending
worldwide.
|
|
Oct 19, 2018
Apparel maker VF Corp posted
better-than-expected quarterly results and raised its full-year
profit forecast on Friday, boosted by thriving demand for its
high-margin Vans shoes and North Face apparel.
|
|
Oct 19, 2018
Brazilian planemaker Embraer
SA said in a securities filing on Friday that it
delivered 15 commercial jets and 24 executive jets in the third
quarter.
|
|
Oct 19, 2018
U.S advertising firm Interpublic Group
reported a 4 percent rise in quarterly revenue on
Friday, helped by higher client spending worldwide.
|
|
Oct 19, 2018
Procter & Gamble Co reported
better-than-expected first-quarter sales on Friday, boosted by
strong demand for beauty and home care products.
|
|
Oct 19, 2018
Schlumberger NV posted an 18.2
rise in quarterly profit on Friday, as a recovery in crude oil
prices boosted demand for its services in North America and
international markets.
|
|
Oct 19, 2018
The European Commission is set
to approve and set rules for the use of wifi in cars, giving
Volkswagen and Renault who have pursued this
technology the edge over Daimler and others who
invested in rival 5G networks.
|
|
Oct 19, 2018
Apparel maker VF Corp topped
analysts' estimates for revenue on Friday, boosted by thriving
demand for its high-margin Vans shoes and North Face apparel.
|
|
Oct 19, 2018
U.S. private equity firm Energy
and Minerals Group (EMG) has cut the size of the Australian IPO
of its coal miner Coronado Global Resources and priced
it at the bottom of the offered range, two people familiar with
the matter told Reuters.
|
|
Oct 19, 2018
The pressure is on for
Amazon, Alphabet and Microsoft as they prepare to report
quarterly results at a time when confidence in those market
leaders looks increasingly fragile and in danger of derailing
Wall Street's rally.
|
|
Oct 19, 2018
The London Bullion Market
Association (LBMA) is planning to help modernise and improve
transparency in the industry with an approval process for
companies using blockchain technology to track the movement of
gold.
|
|
Oct 19, 2018
Honeywell International Inc
reported better-than-expected quarterly profit on Friday and
lifted its full-year forecasts for cash flow and margins, driven
by strong sales of aircraft parts and warehouse automation
products.
|
|
Oct 19, 2018
Honeywell International Inc
reported a better-than-expected quarterly profit on Friday,
driven by strong sales in its aerospace and warehouse automation
businesses.
|
|
Oct 19, 2018
People should not overplay the
idea of an extension to a Brexit transition period during which
Britain would keep EU rules in place after it leaves the bloc, a
spokeswoman for Prime Minister Theresa May said on Friday.
|
|
Oct 19, 2018
The following are the top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
|
|
Oct 19, 2018
Canadian media company Corus
Entertainment Inc's quarterly profit beat estimates on
Friday, helped by lower restructuring and broadcasting costs.
|
|
Oct 19, 2018
Ten years after a booming
business with discretion-minded U.S. clients cost Swiss banks
billions of dollars and put an end to Swiss banking secrecy, the
world's private banking hub is looking to reestablish ties with
American customers.
|
|
Oct 19, 2018
Corus Entertainment Inc
reported a 16.4 percent rise in quarterly profit on Friday as
the Canadian media company's cost-cutting measures paid off.
|
|
Oct 19, 2018
The following bids, mergers, acquisitions and disposals were reported by
1000 GMT on Friday:
|
|
Oct 19, 2018
Wroclaw's hulking
Soviet-era public dormitories held little appeal for Odysseas
Savvas when he moved to the Polish city from Greece to study
business at university. Instead, he opted for his own room and
bathroom in a newly built private residence.
|
|
Oct 19, 2018
* New CEO eyes acquisitions in data storage
(Recasts on CEO strategy review and M&A)
|
|
Oct 19, 2018
A Chinese consumer body has
criticised iPhone maker Apple Inc over a recent data
security issue which impacted a number of consumers in China who
said they had suffered financial losses after having their Apple
IDs stolen.
|
|
Oct 19, 2018
With Ford Motor Co's
stock at nearly a nine-year low and the company squeezed by
tariffs and trade tensions, Chief Executive Jim Hackett sought
to restore confidence among dealers gathered in Las Vegas this
week, days ahead of third-quarter results.
|
|
Oct 19, 2018
Thai Airways
International PCL is considering the purchase of
Airbus SE A350s or Boeing Co 777X jets as part
of a plan to renew its widebody fleet, a senior executive said
on Friday.
|
|
Oct 19, 2018
* Autos sector falls 2.7 pct
(Updates prices, adds details, quotes, graphic)
|
|
Oct 19, 2018
* Protective measures likely to continue - analyst
(Adds comments from Vice Premier Liu He in paragraphs 2-3)
|
|
Oct 19, 2018
* Jan-Sept fixed asset investment 5.4 pct y/y vs poll 5.3
pct
|
|
Oct 19, 2018
Melco Resorts &
Entertainment Ltd on Friday postponed a tender offer
for its Philippine casino subsidiary for a second time and
withdrew its application to delist the unit, amid minority
shareholder opposition to the proposed price.
|
|
Oct 19, 2018
A surge in Chinese stocks on official
moves to calm sentiment propped up emerging markets at the end
of a rocky week on Friday, with Turkey's lira also set to post
solid weekly gains ahead of next week's central bank meeting.
|
|
Oct 19, 2018
Investors sold Italian bonds and
the euro on Friday, with Italy's bond yield hitting four-year
highs as the European Union called its draft budget an
"unprecedented" breach of EU fiscal rules.
|
|
Oct 19, 2018
* Jan-Sept fixed asset investment 5.4 pct y/y vs poll 5.3
pct
|
|
Oct 19, 2018
Acacia Mining could use
a bilateral investment treaty to force face-to-face talks with
Tanzania over a long-running tax dispute that has seen the
company hit with a huge tax bill and spilled over into the
courts.
|
|
Oct 19, 2018
European stocks managed a modest
rise on Friday, recovering from the previous session's sharp
fall thanks to a recovery in oil prices, while weak results from
Michelin and Bouygues reignited investors' concerns about autos
and construction stocks.
|
|
Oct 19, 2018
The following are some stories in
Russia's newspapers on Friday. Reuters has not verified these
stories and does not vouch for their accuracy.
|
|
Oct 19, 2018
Britain's FTSE 100 index is seen opening 17
points higher at 7,044 on Friday, according to financial bookmakers, with FTSE
100 futures up 0.19 percent ahead of the cash market open.
|
|
Oct 19, 2018
Acacia Mining said on Friday it
would seek direct dialogue with Tanzania over a long-running tax
dispute and threatened to invoke a bilateral investment treaty
should a settlement not be reached.
|
|
Oct 19, 2018
Asian stocks clawed back losses
on Friday as China's efforts to bolster investor confidence
helped its share markets rally, although data showing the
world's second-largest economy growing at the slowest pace since
2009 capped broader gains.
|
|
Oct 19, 2018
Japan's Nikkei ended the week on a
sour note on Friday, booking its third straight week of decline
after tracking broader overnight losses on Wall Street and
Europe.
|
|
Oct 19, 2018
Several major Russian companies
are exploring ways to do deals abroad without using dollars,
spurred on by a U.S. threat to broaden sanctions that have
impeded access of some Russian firms to the international
banking system.
|
|
Oct 19, 2018
Bank Vontobel will
acquire the international portfolio of U.S.-based clients from
Swiss private banking peer Lombard Odier as it seeks to expand
its footprint in the region, Vontobel said on Friday.
|
|
Oct 19, 2018
* China shares see-saw on growth worry, regulator support
pledges
|
|
Oct 19, 2018
Britain's FTSE 100 index is seen opening 17
points higher at 7,044 on Friday, according to financial bookmakers.
* ACACIA MINING: Tanzanian authorities have charged three of Acacia Mining's
local subsidiaries, an employee and a former staffer for money
laundering and tax evasion, the gold miner said on Wednesday.
* BT: BT Group has made an offer to Worldpay Inc's Philip
Jansen to become the British telecoms company's new chief executive, Bloomberg
reported on Th
|
|
Oct 19, 2018
* Jan-Sept fixed asset investment 5.4 pct y/y vs poll 5.3
pct
|
|
Oct 19, 2018
Trade frictions between the
United States and China, the world's two biggest economies, have
contributed to the slump in China stock markets, Vice Premier
Liu He said on Friday.
|
|
Oct 19, 2018
Strong e-commerce
demand is fuelling Asia's air freight market, with the
U.S.-China trade war having minimal negative impact so far and
in some cases even boosting shipments, industry executives said
on Friday.
|
|
Oct 19, 2018
* Jan-Sept fixed asset investment 5.4 pct y/y vs poll 5.3
pct
|
|
Oct 19, 2018
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.
|
|
Oct 19, 2018
The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
|
|
Oct 19, 2018
* Reviewing flight paths over North Korea
(Adds further executive comments)
|
|
Oct 18, 2018
Australia's competition watchdog said on
Friday the High Court dismissed its special leave application to
appeal a court's decision on whether Pfizer Inc's local
unit used its market power to limit competition for its
cholesterol-lowering drug Lipitor.
|
|
Oct 18, 2018
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INDIA TOP NEWS
• Reliance Industries reports record quarterly profit
Reliance Industries reported a record quarterly profit on Wednesday, driven
|
|
Oct 18, 2018
* China shares fall after GDP, then rally on regulator
comments
|
|
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