|
Feb 20, 2019
* Nikkei's downside supported by relief in China-U.S. trade
talks
- analyst
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|
Feb 20, 2019
London copper prices eased in
early Asian trade on Thursday, retreating from a seven-month
peak hit in the previous session, as the dollar firmed after the
Federal Reserve revived expectations for a possible U.S. rate
hike this year.
A stronger greenback makes dollar-denominated metals more
expensive for holders of other currencies and can weigh on
prices.
FUNDAMENTALS
* LME COPPER: Three-month copper on the London Metal
Exchange was d
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|
Feb 20, 2019
French investment firm Wendel SE
said on Thursday it would sell about 40 percent of its
equity stake in security services company Allied Universal to
Caisse de dépôt et placement du Québec (CDPQ) at an enterprise
value of more than $7 billion.
|
|
Feb 20, 2019
* Bank fined $133.3 mln in Britain over financial crime
controls
|
|
Feb 20, 2019
French investment firm Wendel SE
said on Thursday it would sell about 40 percent of its
equity stake in security services company Allied Universal to
Caisse de dépôt et placement du Québec (CDPQ) for an enterprise
value of more than $7 billion.
|
|
Feb 20, 2019
* Revenue rises 8.5 pct on strong performance in major
businesses
|
|
Feb 20, 2019
Gold prices were firm near a 10-month
peak on Thursday, with the dollar holding steady in the wake of
minutes from the latest U.S. Federal Reserve meeting that
rekindled expectations of a possible rate hike later in the
year.
|
|
Feb 20, 2019
* Aussie up over 0.5 pct on strong Australia full-time jobs
figure
|
|
Feb 20, 2019
New Zealand medical device maker Fisher &
Paykel Healthcare Corp Ltd and U.S. rival ResMed Inc
have agreed to settle patent infringement disputes,
ending a three-year tussle that spanned the globe and cost each
side millions of dollars in legal fees.
|
|
Feb 20, 2019
The world's biggest
undeveloped gold and copper mining project, planned in
southwestern Alaska near the largest fishery for sockeye salmon
globally, moved a step closer to approval on Wednesday after the
U.S. Army Corps of Engineers released a draft environmental
impact statement.
|
|
Feb 20, 2019
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.
|
|
Feb 20, 2019
The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
|
|
Feb 20, 2019
Samsung Electronics
Co Ltd on Wednesday unveiled a nearly $2,000 folding
smartphone in a bid to top the technology of Apple Inc
and Chinese rivals and reignite consumer interest amid slumping
sales.
|
|
Feb 20, 2019
Lenovo Group Ltd
said on Thursday it swung back to a net profit in the December
quarter, beating market expectations, due to a strong
performance across its major business groups.
|
|
Feb 20, 2019
Standard Chartered Plc said on
Wednesday Britain's financial watchdog has imposed a fine of
102.2 million pound ($133.3 million) in relation to its
investigation into the bank's historical financial crime
controls.
|
|
Feb 20, 2019
Colombia, the world's
fifth-largest exporter of coal, produced 84.3 million tonnes in
2018, down 7.4 percent from the previous year as heavy rains
disrupted operations at major mines, government figures showed
on Wednesday.
|
|
Feb 20, 2019
Australia's three east coast
liquefied natural gas (LNG) plants are unlikely to ever run at
their combined full capacity of 25.3 million tonnes a year as
there is not enough gas to feed them and meet local demand, a
study released on Thursday said.
|
|
Feb 20, 2019
Millicom International Cellular
, a cable and mobile operator in Latin America and
Africa, said on Wednesday it bought the mobile
telecommunications assets of Spain's Telefonica in Panama, Costa
Rica and Nicaragua for $1.65 billion .
|
|
Feb 20, 2019
* Bain-led consortium bought Toshiba Memory last year for
$18 bln
|
|
Feb 20, 2019
* Britain a key battleground for Huawei in Europe
(Adds no U.S. comment)
|
|
Feb 20, 2019
Samsung Electronics Co Ltd
on Wednesday unveiled a nearly $2,000 folding
smartphone in a bid to top the technology of Apple Inc
and Chinese rivals and reignite consumer interest in a massive
consumer electronics category that had its worst sales ever last
year.
|
|
Feb 20, 2019
Standard Chartered Plc said on
Wednesday Britain's financial watchdog had imposed a fine of
102.2 million pounds ($133.34 million) in relation to its
investigation into the bank's historical financial crime
controls.
|
|
Feb 20, 2019
Canadian miner Barrick Gold
outlined on Wednesday details of a deal it reached with the
government of Tanzania to settle its disputes with Acacia Mining
, including a $300 million payment to resolve tax claims
in the country.
|
|
Feb 20, 2019
Most Latin American currencies softened
on Wednesday against the dollar after minutes from the U.S.
Federal Reserve's latest policy meeting turned out to be less
dovish than expected, while a drop in Brazilian shares offset
gains in other Latam stocks.
The dollar rose after the Fed minutes showed the central
bank had not entirely ruled out the prospect of raising interest
rates in
|
|
Feb 20, 2019
* Fed's FOMC uncommitted in minutes of latest meeting
(Updates to U.S. market close)
|
|
Feb 20, 2019
U.S. federal officials have
decided to end negotiations with California over the Trump
administration's plans to roll back fuel economy rules designed
to reduce greenhouse gas emissions, a government official said
on Wednesday.
|
|
Feb 20, 2019
Albemarle Corp, the world's
largest lithium producer, posted a higher-than-expected
quarterly profit on Wednesday and gave a bullish 2019 outlook,
saying it sees nothing that could slow demand for the white
metal used to make electric car batteries.
|
|
Feb 20, 2019
Oil and gas producer QEP Resources Inc
said on Wednesday it was not going forward with the deal
to sell its Williston Basin assets to Vantage Energy Acquisition
Corp, following a fall in crude prices.
|
|
Feb 20, 2019
Millicom International Cellular
, a cable and mobile operator in Latin America and
Africa, said on Wednesday it has bought for $1.65 billion the
mobile telecommunications assets of Spain's Telefonica in
Panama, Costa Rica and Nicaragua.
|
|
Feb 20, 2019
* Indexes: Dow up 0.2 pct, S&P up 0.2 pct, Nasdaq up 0.03
pct
(Updates to close)
|
|
Feb 20, 2019
GoDaddy Inc forecast
current-quarter revenue on Wednesday that missed analysts'
estimates, sending its shares down more than 2 percent and
overshadowing the web hosting company's strong fourth-quarter
results.
|
|
Feb 20, 2019
Corona maker Constellation Brands Inc
said on Wednesday it was looking to sell some of its
lower-end wine brands, as it concentrates on the more profitable
high-end segment.
|
|
Feb 20, 2019
Albemarle Corp, the world's
largest lithium producer, said on Wednesday it swung to a
quarterly profit due to rising sales and prices for the white
metal used to make electric car batteries.
|
|
Feb 20, 2019
Eaton Vance Corp said on
Wednesday it plans to launch a new kind of exchange-traded fund
(ETF) that would keep its investments secret, marking its second
effort to thwart or at least profit from the trend away from
higher-cost mutual funds.
|
|
Feb 20, 2019
U.S. President Donald Trump's
trade war with China has roiled agricultural markets and given
the world's top grain merchants the one thing they have long
claimed was essential to turn a trading profit: volatility.
|
|
Feb 20, 2019
The Federal Reserve on Wednesday signaled
they will soon lay out a plan to stop letting go of $4 trillion
in bonds and other assets, but policymakers are still debating
how long their newly adopted "patient" stance on U.S. rates
policy will last.
|
|
Feb 20, 2019
GoDaddy Inc reported
fourth-quarter revenue on Wednesday that rose 15.5 percent, as
the web hosting company earned more from an expanded customer
base.
|
|
Feb 20, 2019
U.S. stocks ended higher on
Wednesday as the release of the Federal Reserve's minutes from
its January meeting showed policymakers thought pausing on U.S.
interest rate hikes posed little risk.
|
|
Feb 20, 2019
Palladium jumped above the $1,500 per
ounce mark for the first time on Wednesday, propelled by a stark
supply deficit, while gold steadied near a 10-month peak as
doubts lingered over future rate hikes after the U.S. Federal
Reserve released its minutes.
|
|
Feb 20, 2019
Corona maker Constellation Brands Inc
said on Wednesday it was looking to sell some of its
lower-end wine brands, as it concentrates on the more profitable
high-end segment.
|
|
Feb 20, 2019
U.S. federal officials have
decided to end negotiations with California over the Trump
administration's plans to roll back fuel economy rules designed
to reduce greenhouse gas emissions, a government official said
on Wednesday.
|
|
Feb 20, 2019
* Market leader's first 5G smartphone available in early
summer
|
|
Feb 20, 2019
* Fed's FOMC uncommitted in latest minutes
(Updates prices, comments; adds Fed minutes)
|
|
Feb 20, 2019
A security bug is allowing users to
bypass new privacy controls introduced by Facebook-owned
messaging service WhatsApp on iPhones this month, the service
said on Wednesday after users posted about the problem on social
media.
|
|
Feb 20, 2019
NEW YORK, Feb 20 (LPC) - Participants in the US$585bn US
Collateralized Loan Obligation (CLO) market say a transition to
a new benchmark should happen sooner than later as the phase-out
of a rate used to set payments on trillions of investments is
just two years away.
|
|
Feb 20, 2019
* Indexes: Dow up 0.2 pct, S&P up 0.2 pct, Nasdaq down 0.06
pct
(Updates to late afternoon)
|
|
Feb 20, 2019
CVS Health Corp on Wednesday
forecast 2019 profit well below Wall Street estimates due to
weakness in its pharmacy business that serves long-term care
facilities and slower than anticipated growth in drug prices,
sending shares down 8 percent.
|
|
Feb 20, 2019
Medical device maker Fisher & Paykel
Healthcare and U.S.-based ResMed on Thursday
agreed to settle disputes over patent infringement, bringing to
an end a tussle spanning the globe.
|
|
Feb 20, 2019
Federal Reserve policymakers on Wednesday
gave little sense of how long their "patient" stance on U.S.
interest rate policy would last, and while promising "before too
long" a plan for their $4 trillion balance sheet, left unclear
what that plan would entail.
|
|
Feb 20, 2019
Business jet deliveries worldwide rose
3.8 percent on an annual basis to 703 planes in 2018, lifted by
demand from North America and the introduction of new models,
the General Aviation Manufacturers Association (GAMA) said on
Wednesday.
|
|
Feb 20, 2019
* Most active wheat contract traded at lowest on a
continuous
basis since July 12
|
|
Feb 20, 2019
Samsung Electronics Co Ltd
on Wednesday said it will release a pricey folding
smart phone in April, with specially adapted applications from
Facebook Inc and Alphabet Inc designed for the
new device.
|
|
Feb 20, 2019
* Indexes: Dow down 0.1 pct, S&P down 0.1 pct, Nasdaq down
0.4 pct
(Updates to after release of Fed minutes)
|
|
Feb 20, 2019
Samsung Electronics Co Ltd
on Wednesday said it will release a pricey folding
smart phone in April, with specially adapted applications from
Facebook Inc and Alphabet Inc designed for the
new device.
|
|
Feb 20, 2019
The German Defence Ministry is
evaluating a bid from Canada to buy a high-altitude surveillance
drone that has been parked at a German air base for years after
the cancellation of the Euro Hawk programme in 2013, with a
further bid possible from NATO.
|
|
Feb 20, 2019
Gulfstream Aerospace intends to deliver
its first G600 business jet during the first half of 2019,
President Mark Burns said on Wednesday, in a boost for the
large-cabin, corporate plane program.
|
|
Feb 20, 2019
Microsoft Corp on Wednesday said
it had discovered cyber attacks directed at democratic
institutions, think tanks and non-profit organizations in Europe
and would offer a cyber security service to several countries to
close security gaps.
|
|
Feb 20, 2019
There will not be a host and
Sunday's Oscars ceremony will not open with the traditional
monologue in which celebrities and politicians are skewered.
|
|
Feb 20, 2019
Federal officials have
decided to end negotiations with California over the Trump
administration's plans to roll back fuel economy rules designed
to reduce greenhouse gas emissions, a government official said
on Wednesday.
|
|
Feb 20, 2019
* Britain a key battleground for Huawei in Europe
(Adds Huawei comment)
|
|
Feb 20, 2019
* Indexes dip: Dow 0.06 pct, S&P 0.03 pct, Nasdaq 0.17 pct
(\Updates to early afternoon)
|
|
Feb 20, 2019
Alphabet Inc's Google said on
Wednesday it had made an "error" in not disclosing that its Nest
Secure home security system had a built-in microphone in its
devices.
|
|
Feb 20, 2019
Business jet deliveries worldwide rose
3.8 percent on an annual basis to 703 planes in 2018, lifted by
demand from North America and the introduction of new models,
the General Aviation Manufacturers Association (GAMA) said on
Wednesday.
|
|
Feb 20, 2019
* Most-active wheat contracts trades at lowest on a
continuous
basis since July 12
|
|
Feb 20, 2019
The following are mergers under
review by the European Commission and a brief guide to the EU
merger process:
|
|
Feb 20, 2019
* GRAPHIC-2019 asset returns: http://tmsnrt.rs/2jvdmXl
(Updates with closing prices, Chalco)
|
|
Feb 20, 2019
Garmin Ltd on Wednesday forecast
full-year revenue and profit above expectations along with
strong fourth-quarter results, sending its shares up 15 percent
to their highest in more than a decade.
|
|
Feb 20, 2019
CVS Health Corp on Wednesday
forecast 2019 profit well below Wall Street forecasts due to
weakness in its pharmacy business that serves long-term care
facilities and slower than anticipated growth in drug prices,
sending shares down as much as 9 percent.
|
|
Feb 20, 2019
The German Defence Ministry is
evaluating a bid from Canada to buy a high-altitude surveillance
drone prototype that has been parked at a German air base for
years after the cancellation of the Euro Hawk programme in 2013.
|
|
Feb 20, 2019
The chief executive of
Brazil's third largest wireless carrier TIM Participações, Sami
Foguel, said on Wednesday that the government should auction the
5G spectrum as soon as possible and he expects that to happen in
about a year's time.
|
|
Feb 20, 2019
The German Defence Ministry on
Wednesday said it is evaluating a bid from Canada to buy a
high-altitude surveillance drone that has been parked at a
German air base for years after the cancellation of the Euro
Hawk programme in 2013.
|
|
Feb 20, 2019
* Swedbank falls on reported links to money laundering
scandal
(Adds closing prices)
|
|
Feb 20, 2019
Viacom Inc said on Wednesday it
will provide programming on fuboTV's live TV streaming service,
part of an industry trend of cord-cutting that also has Viacom
distributing content through "vitual pay-TV" providers Sling TV,
DirectTV Now and Philo.
|
|
Feb 20, 2019
* Sainsbury's disagrees with findings, will fight on
(Adds background on Walmart, comments from CEO on ASDA and
updates shares)
|
|
Feb 20, 2019
U.S. oil refiner HollyFrontier Corp's
quarterly profit beat was overshadowed by weak
performance in its lubricants and specialty products business,
sending its shares down as much as 4 percent on Wednesday.
|
|
Feb 20, 2019
Bombardier Inc, the Canadian
train and plane maker, will deliver a handful of its new
flagship Global 7500 business jets to customers in the first
half of 2019, with the remaining 10-15 deliveries expected in
the second half, its chief financial officer said on Wednesday.
|
|
Feb 20, 2019
Packaged food maker J.M. Smucker
Company's profit and sales forecast for fiscal year 2020
came ahead of Wall Street estimates on Wednesday, as it bets on
its new products and price hikes for its pet food.
|
|
Feb 20, 2019
India will hold wide
consultations with internet companies before finalising rules to
regulate content on social media but will not hold back from
framing laws that safeguard national interest, the country's
technology minister said.
|
|
Feb 20, 2019
Mexico's Cemex,
one of the world's largest cement producers, said on Wednesday
it is selling some of its European facilities and businesses to
German building company Schwenk for about $385 million.
|
|
Feb 20, 2019
* Britain a key battleground for Huawei in Europe
(Adds comment from U.S. senator)
|
|
Feb 20, 2019
Bristol-Myers Squibb Co said on
Wednesday that activist hedge fund Starboard Value LP intends to
nominate five directors to the U.S. drugmaker's board, one month
after it announced a $74 billion deal to acquire peer Celgene
Corp.
|
|
Feb 20, 2019
* FOMC minutes due as central bank doves dominate
(New throughout, updates prices, market activity and comments;
new byline, changes dateline, previous LONDON)
|
|
Feb 20, 2019
* Indexes up: Dow 0.04 pct, S&P 0.07 pct, Nasdaq 0.21 pct
(Adds comments, details, updates prices)
|
|
Feb 20, 2019
Palladium jumped above the $1,500 per
ounce mark for the first time on Wednesday, propelled by a stark
supply deficit, while gold hit a 10-month high on a weaker
dollar as investors awaited cues on U.S. monetary policy.
|
|
Feb 20, 2019
Shares of Canadian cannabis firm Tilray
Inc rose as much as 7 percent on Wednesday after
announcing a deal to buy hemp food maker Manitoba Harvest for up
to C$419 million ($318 million) as it seeks to gain a foothold
in the lucrative business.
|
|
Feb 20, 2019
Canadian train-and-plane maker
Bombardier will deliver a handful of its new flagship
Global 7500 business jet to customers during the first half of
2019, with the remaining 10-15 deliveries expected during the
back half of the year, chief financial officer John Di Bert told
an investor conference on Wednesday.
|
|
Feb 20, 2019
German prosecutors have launched
a probe into Daimler for allegedly failing to prevent
diesel emissions cheating, possibly resulting in a fine for the
carmaker, as its legal woes mount up over the affair.
|
|
Feb 20, 2019
U.S. Senator Mark Warner said
on Wednesday he wanted to "more fully understand" Britain's
reasoning for saying it had not seen any malicious activity by
China's Huawei whose equipment U.S. authorities have said could
be used by China for spying.
|
|
Feb 20, 2019
Tesla Inc said on Wednesday its
general counsel Dane Butswinkas is leaving the electric carmaker
just two months into the job, the latest in a string of
top-level departures at the company.
|
|
Feb 20, 2019
Jif peanut butter maker J.M. Smucker Co
on Wednesday projected profit growth for fiscal year
2020 ahead of Wall Street forecasts, as it bets on the success
of new products and price hikes for its pet food.
|
|
Feb 20, 2019
Britain is able to
manage the security risks of using Huawei telecoms equipment and
has not seen any evidence of malicious activity by the company,
a senior official said on Wednesday, pushing back against U.S.
allegations of Chinese state spying.
|
|
Feb 20, 2019
Stocks in Brazil steadied on Wednesday as
market focus remained on the government's proposal for pension
reform, which is aimed at helping curb the country's mounting
fiscal deficit.
Latin American currencies were mixed against a slightly
softer dollar with investors waiting for the U.S. Federal
Reserve's January policymaking minutes expected later in the
day.
Shares on the Bovespa index in Sao Paulo rose
marginally but losses by Engie Brasi
|
|
Feb 20, 2019
* Penalties exceed bank's net profit from last year
(Adds details)
|
|
Feb 20, 2019
A U.S. judge has rejected
Credit Suisse Group AG's bid to dismiss a lawsuit
accusing the Swiss bank of defrauding shareholders about its
risk appetite and risk management before taking $1 billion of
writedowns on souring debt.
|
|
Feb 20, 2019
Mexico's Cemex,
one of the world's largest cement producers, said on Wednesday
it is selling some of its European facilities and businesses to
German building company Schwenk for about $385 million.
|
|
Feb 20, 2019
Budget carrier Norwegian Air
expects to fly a plane out of Iran in the next few days after it
made an emergency landing there in December and became stranded,
partly due to U.S. sanctions on Tehran.
|
|
Feb 20, 2019
* Dow up 0.04 pct, S&P flat, Nasdaq up 0.20 pct
(Updates to open)
|
|
Feb 20, 2019
Gains in material companies pulled higher
Canada's main stock index on Wednesday, as gold prices rose on
hopes of a trade deal between the United States and China.
|
|
Feb 20, 2019
Bristol-Myers Squibb Co.
said on Wednesday that activist hedge fund Starboard Value LP
wants to add five directors to its board and bought one million
shares after the pharmaceutical company said it plans to buy
biotech company Celgene Corp.
|
|
Feb 20, 2019
Britain is able to manage the
security risks of using Huawei equipment in national telecoms
networks and has not seen any evidence of malicious activity by
the company, the head of Britain's National Cyber Security
Centre said on Wednesday.
|
|
Private Label