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Sep 18, 2019
Asian shares turned lower on
Thursday after the U.S. Federal Reserve cut interest rates as
expected but signalled a higher bar to further policy easings.
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Sep 18, 2019
Facebook Chief
Executive Mark Zuckerberg met with a half-dozen U.S. senators on
Wednesday for dinner as the company seeks to boost its
reputation in Washington.
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Sep 18, 2019
To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_09192019.pdf
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Sep 18, 2019
China Biologic Products Holdings Inc
said on Wednesday it had received an offer from a
consortium of buyers that will pay $1.93 billion in cash to buy
shares that they do not already own to take the company private.
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Sep 18, 2019
* ANNOUNCED PRICING OF ITS INITIAL PUBLIC OFFERING OF 24
MILLION
SHARES OF ITS CLASS A COMMON STOCK AT A PRICE TO PUBLIC OF $27
PER SHARE
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Sep 18, 2019
U.S. President Donald Trump
and the state of California went to war on Wednesday over who
should set the standards in the United States for vehicle
emissions and electric cars, foreshadowing a legal battle over
environmental policy issues that will affect the auto industry
and consumers.
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Sep 18, 2019
Japanese shares advanced to close
in on this year's peaks on Thursday after a long-expected rate
cut by the U.S. Federal Reserve helped ease concerns on the
global economy, sparking buying in a broad range of shares.
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Sep 18, 2019
British insurance services firm Charles
Taylor Plc said on Thursday it agreed to a 261 million
pounds($325.15 million)takeover by a firm backed by private
equity firm Lovell Minnick Partners.
|
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Sep 18, 2019
Gold prices edged lower on Thursday as
investors remained cautious after the U.S. Federal Reserve cut
interest rates as expected but delivered mixed signals about its
next move.
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Sep 18, 2019
The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
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|
Sep 18, 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.
|
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Sep 18, 2019
* BOJ seen on hold, but other central banks are easing
policy
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Sep 18, 2019
British Prime Minister Boris
Johnson and U.S. President Donald Trump condemned last weekend's
attack on Saudi Arabian oil facilities and discussed the need
for a united diplomatic response in a telephone call on
Wednesday, Johnson's office said.
|
|
Sep 18, 2019
* Saudi displays evidence of attacks that it, U.S. blame on
Iran
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|
Sep 18, 2019
An executive director at
Archer Daniels Midland Co in São Paulo has left the firm
to take over as Brazil general manager at rival grain trading
house Gavilon do Brasil, two sources told Reuters on Wednesday.
|
|
Sep 18, 2019
Brazilian discount
retailer Lojas Americanas SA has agreed with software
developer Linx SA to integrate the retailer's fintech
arm Ame and its digital retailer B2W Cia Digital SA
with Linx's payment platforms.
|
|
Sep 18, 2019
U.S. President Donald Trump
and the state of California went to war on Wednesday over who
should set the standards in the United States for vehicle
emissions and electric cars, foreshadowing a legal battle over
environmental policy issues that will affect the auto industry
and consumers.
|
|
Sep 18, 2019
Brazilian state-run oil
firm Petroleo Brasileiro SA has increased the average
price of gasoline at refineries by 3.5% and the price of diesel
by 4.2%, a company representative told Reuters.
|
|
Sep 18, 2019
AT&T Inc and Dish Network Corp
are not in discussions over a deal due to regulatory
issues, a source familiar with the matter said on Wednesday,
after the Wall Street Journal reported https://on.wsj.com/2kS2Hbs
the wireless carrier was considering parting ways with its
satellite TV division DirecTV.
|
|
Sep 18, 2019
Facebook Chief
Executive Mark Zuckerberg is on Capitol Hill this week to meet
with senators as the social media giant faces scrutiny from both
the Federal Trade Commission and members of Congress, the
company confirmed on Wednesday.
|
|
Sep 18, 2019
* Leaked photos suggest Mate 30 superior to iPhone
11-analyst
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|
Sep 18, 2019
Brazilian state-run oil
firm Petroleo Brasileiro SA has increased the average
price of gasoline at refineries by 2.29% and the price of diesel
by 3.8%, consultancy FC Stone said on Wednesday.
|
|
Sep 18, 2019
AT&T is exploring parting from its
DirecTV unit, the Wall Street Journal reported on Wednesday,
citing people familiar with the matter.
|
|
Sep 18, 2019
The world's top gold
producer, Newmont Goldcorp, said on Wednesday it had
offered $25 million in community investments and land rental
fees to resolve a conflict at its Penasquito gold mine in
Mexico, but activists said they are unsatisfied.
|
|
Sep 18, 2019
* Saudi displays evidence of attacks that it, U.S. blame on
Iran
|
|
Sep 18, 2019
The strike against General Motors Co's
U.S. operations has led to a parts shortage, the
automaker said on Wednesday, and as a result it announced the
temporary lay-offs of 1,200 workers at its Oshawa assembly plant
in Canada.
|
|
Sep 18, 2019
China Biologic Products Holdings Inc
said on Wednesday it had received a take-private deal
for $4.59 billion in cash from a consortium of buyers.
|
|
Sep 18, 2019
* US, Saudis blame Iran for unprecedented strike on oil
sites
|
|
Sep 18, 2019
AT&T is exploring parting from its
DirecTV unit, the Wall Street Journal reported, citing people
familiar with the matter.
|
|
Sep 18, 2019
An independent expert panel to the U.S.
Food and Drug Administration on Wednesday recommended approval
of GlaxoSmithKline Plc's over-the-counter nicotine oral
spray that aims to help smokers quit their addiction.
|
|
Sep 18, 2019
An executive director at
Archer Daniels Midland Co in São Paulo has left the firm
to take over as Brazil general manager at rival grain trading
house Gavilon do Brasil, two sources told Reuters on Wednesday.
|
|
Sep 18, 2019
Facebook Inc Chief
Executive Officer Mark Zuckerberg is on Capitol Hill this week
to meet with U.S. lawmakers as the social media giant faces
scrutiny from the U.S. Justice Department and members of
Congress, the company confirmed on Wednesday.
|
|
Sep 18, 2019
A U.S. federal judge on Wednesday
ordered that an American Airlines mechanic charged with
purposely damaging an aircraft that was due to take off from
Miami with 150 aboard remain behind bars before a trial, court
papers showed.
|
|
Sep 18, 2019
Five consortiums now have until
Oct. 3 to present their proposals for the first line of Bogota's
metro system, whose value is estimated at 14 trillion pesos
($4.1 billion), the city's metro company said on Wednesday.
|
|
Sep 18, 2019
Amazon said on
Wednesday it will make donating to a U.S. presidential candidate
as easy as turning on the lights or replenishing a household's
toilet-paper stocks, via its Alexa digital assistant.
|
|
Sep 18, 2019
* Indexes: Dow 0.13%, S&P 500 0.03%, Nasdaq -0.11%
(Updates with close)
|
|
Sep 18, 2019
* Oil prices cool after Saudi production pledge
(Updates to market close)
|
|
Sep 18, 2019
With widespread fires
wreaking havoc on the Amazon, over 200 investors representing
some $16.2 trillion under management on Wednesday called on
companies to do their part in halting the destruction of the
world's largest tropical rainforest.
|
|
Sep 18, 2019
An independent expert panel to the U.S.
Food and Drug Administration on Wednesday recommended approval
of GlaxoSmithKline Plc's over-the-counter nicotine oral
spray that aims to help smokers quit their nicotine addiction.
|
|
Sep 18, 2019
Microsoft Corp said on
Wednesday its board had approved a new share repurchase program
of up to $40 billion and raised its quarterly dividend.
|
|
Sep 18, 2019
Facebook chief
executive Mark Zuckerberg will be on Capitol Hill this week to
meet with U.S. lawmakers as the social media giant faces
scrutiny from the Justice Department and members of Congress,
the company confirmed on Wednesday.
|
|
Sep 18, 2019
With widespread fires
wreaking havoc on the Amazon, over 200 investors representing
some $16.2 trillion under management on Wednesday called on
companies to do their part in halting the destruction of the
world's largest tropical rainforest.
|
|
Sep 18, 2019
Microsoft Corp said on
Wednesday its board had approved a new share repurchase program
of up to $40 billion.
|
|
Sep 18, 2019
The benchmark S&P 500 index ended almost
flat on Wednesday as Federal Reserve policymakers gave mixed
signals about their next move after cutting interest rates by a
quarter of a percentage point in a widely expected move.
|
|
Sep 18, 2019
The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on
Wednesday:
|
|
Sep 18, 2019
Latin American currencies and stocks
lost steam on Wednesday after the U.S. Federal Reserve lowered
interest rates as expected, but doubts about further rate cuts
prompted investors to cut exposure to risky assets.
With the U.S. dollar broadly strengthening after the release
of the Fed's policy statement, the Brazilian real led
losses among the regional currencies with a 0.7% decline a
|
|
Sep 18, 2019
Canadian miner Iamgold Corp
would fit well with China Gold International Resource
Corp Ltd's acquisition strategy as the Chinese
state-run company seeks to buy producing gold mines, an
executive with the overseas arm of China National Gold Group
said on Wednesday.
|
|
Sep 18, 2019
* Oil prices cool after Saudi production pledge
(Updates to late afternoon)
|
|
Sep 18, 2019
* Indexes: Dow -0.52%, S&P 500 -0.62%, Nasdaq -0.91%
(Updates with afternoon trading)
|
|
Sep 18, 2019
Canadian miner Iamgold Corp
would fit well with China Gold International Resource
Corp Ltd's oversees acquisition strategy as the Chinese
state-run company seeks to buy producing gold mines, an
executive with the overseas arm of China National Gold Group
said on Wednesday.
|
|
Sep 18, 2019
U.S. President Donald Trump
the state of California went to war on Wednesday over who should
set the standards in the United States for vehicle emissions and
electric cars, foreshadowing a legal battle over environmental
policy issues that will affect the auto industry and consumers.
|
|
Sep 18, 2019
A U.S. federal judge on Wednesday denied
bond for a American Airlines mechanic charged with
purposely damaging an aircraft in July and ordered he be
detained, court papers showed.
|
|
Sep 18, 2019
The world's top gold
producer, Newmont Goldcorp, said on Wednesday it has
offered $25 million in community investments and land rental
fees to resolve a conflict at its Penasquito gold mine in
Mexico's northern Zacatecas state.
|
|
Sep 18, 2019
Comcast Corp said on Wednesday
it will offer internet customers a free streaming media set top
box that works with other services, stepping up competition with
Roku Inc in the market for a device that organizes multiple
subscriptions.
|
|
Sep 18, 2019
Tesla wants to steal
Porsche's bragging rights by testing its Model S on the northern
loop of Germany's Nuerburgring circuit, using a marketing tool
that German carmakers have long used to tout the superiority of
their products.
|
|
Sep 18, 2019
The next wave of U.S. liquefied
natural gas (LNG) export projects will be "tougher" to bring
online, as companies with existing facilities take advantage of
lower costs to expand capacity in coming years, the chief
executive of Blackstone Energy Partners said on Wednesday.
|
|
Sep 18, 2019
Investment manager Donald
Netter is stepping up his battle with First Trust High Income
Long/Short Fund (FSD) by asking the closed-end fund to
restructure or give investors their money back because it has
been trading at a discount for years.
|
|
Sep 18, 2019
* Oil prices cool after Saudi pledge on production
(Recasts with Fed interest rate decision and market reaction)
|
|
Sep 18, 2019
A U.S. federal judge ordered on
Wednesday the detention of an American Airlines mechanic
charged with purposely damaging an aircraft in July, court
papers showed.
|
|
Sep 18, 2019
* Saudi displays evidence of attacks that it, U.S. blame on
Iran
|
|
Sep 18, 2019
Restaurant Brands International Inc's
Tim Hortons cut Beyond Meat Inc's burgers and
sandwiches from its menu, except in Ontario and British Columbia
restaurants, months after a nationwide roll-out at the Canadian
breakfast chain.
|
|
Sep 18, 2019
British Prime Minister Boris
Johnson and European Commission President Jean-Claude Juncker
have a "shared determination" to reach a deal over Brexit,
Johnson's office said in a statement on Wednesday after the two
leaders spoke by telephone.
|
|
Sep 18, 2019
* Indexes: Dow -0.63%, S&P 500 -0.72%, Nasdaq -1.02%
(Updates with investor reaction to Fed policy decision)
|
|
Sep 18, 2019
U.S. homebuilding surged to
more than a 12-year high in August as both single- and
multi-family housing construction accelerated, suggesting that
lower mortgage rates were finally providing a boost to the
struggling housing market.
|
|
Sep 18, 2019
Pennsylvania is joining more
than a dozen states that have filed a lawsuit aimed at stopping
T-Mobile US's $26 billion purchase of Sprint, New
York Attorney General Letitia James said in a statement on
Wednesday.
|
|
Sep 18, 2019
Coca-Cola HBC, which
bottles Coca-Cola products in Europe, has agreed to buy
Italian mineral water maker and sparkling beverage company
Lurisia in a deal worth 88 million euros ($97 million), it said
on Wednesday.
|
|
Sep 18, 2019
U.S. stocks extended losses on Wednesday
after the Federal Reserve cut interest rates by a quarter of a
percentage point in a widely expected move, but gave mixed
signals about what may happen next.
|
|
Sep 18, 2019
General Motors Co said on
Wednesday it plans to temporarily lay off about 1,200 workers at
its Oshawa assembly plant in Canada, which makes the Chevy
Silverado and GMC Sierra pickup trucks.
|
|
Sep 18, 2019
Newmont Goldcorp
said on Wednesday it has offered $25 million in community
investments and land rental fees to resolve a conflict at its
Penasquito gold mine in Mexico in northern Zacatecas state.
|
|
Sep 18, 2019
California Governor Gavin
Newsom on Wednesday signed into law a controversial labor bill,
AB 5, which spells out when companies must treat "gig economy"
contract workers as employees.
|
|
Sep 18, 2019
The chief technology officer of United
Technologies Corp, Paul Eremenko, has stepped down, just
under two years after moving to the U.S. conglomerate from
Europe's Airbus.
|
|
Sep 18, 2019
General Motors Co plans to
temporarily lay off 1,300 workers at its final assembly plant in
Oshawa, Canada due to a slowdown at United States plants during
the United Auto Workers strike, CNBC reported on Wednesday.
|
|
Sep 18, 2019
U.S. President Donald Trump
confirmed on Wednesday the Environmental Protection Agency will
revoke California's authority to require automakers to build
cleaner vehicles than federal requirements demand - a decision
that will set off a massive legal battle.
|
|
Sep 18, 2019
The next wave of U.S. liquefied
natural gas (LNG) export projects will be "tougher" to bring
online, as companies with existing facilities take advantage of
lower costs to expand capacity in coming years, the chief
executive of Blackstone Energy Partners said on Wednesday.
|
|
Sep 18, 2019
Saudi Arabia on Wednesday
displayed remnants of what it described as Iranian drones and
cruise missiles used in an attack on Saudi oil facilities,
saying they were "undeniable" evidence of Iranian aggression.
|
|
Sep 18, 2019
Colombia will have 59 blocks on
offer in its next round of oil bidding, the national
hydrocarbons agency (ANH) said on Wednesday, as the country
steps up efforts to encourage more investment in the sector.
|
|
Sep 18, 2019
* Prosecutors accuse British bankers of organising sham
trades
|
|
Sep 18, 2019
The union representing
workers at Brazilian planemaker Embraer SA said on
Wednesday they had approved a strike that could start next
Monday, amid what they described as stalled salary negotiations.
|
|
Sep 18, 2019
Comcast Corp said on Wednesday
it will offer Xfinity Flex, its streaming media set top box, and
a voice remote for free to its U.S. internet-only customers. It
had previously charged those customers $5 per month for the
service and remote.
|
|
Sep 18, 2019
The biggest events in women's sport should be "listed" to guarantee they are broadcast on British free-to-air television so mass audiences can watch and be inspired, Culture Secretary Nicky Morgan said on Wednesday.
|
|
Sep 18, 2019
* Indexes down: Dow 0.21%, S&P 0.27%, Nasdaq 0.39%
(Updates to early afternoon)
|
|
Sep 18, 2019
British Airways pilots have
cancelled a strike set for Sept. 27 to create time for talks
after 48 hours of industrial action earlier this month grounded
1,700 flights in a dispute over pay.
|
|
Sep 18, 2019
Iran said on Wednesday accused
U.S. President Donald Trump of escalating economic pressure on
ordinary Iranians by ordering a major increase in sanctions on
the Islamic republic, Foreign Minister Mohammad Javad Zarif
tweeted.
|
|
Sep 18, 2019
Yemen's Houthi group said on
Wednesday it had identified dozens of sites in the United Arab
Emirates as possible targets, in an attempt to underscore its
military clout following a weekend attack it claims to have
carried out on Saudi oil facilities.
|
|
Sep 18, 2019
British Prime Minister Boris
Johnson and U.S. President Donald Trump condemned last weekend's
attack on Saudi Arabian oil facilities and discussed the need
for a united diplomatic response in a telephone call on
Wednesday, Johnson's office said.
|
|
Sep 18, 2019
Ecuador's constitutional court
rejected two requests to make mining projects contingent on
popular approval, a victory for companies seeking to exploit
some of the world's largest untapped reserves of copper.
|
|
Sep 18, 2019
European shares ended flat on Wednesday,
as gains for the defensive real estate and utilities sectors
were countered by losses in luxury good makers, with caution
prevailing ahead of the U.S. Federal Reserve's interest rate
decision.
|
|
Sep 18, 2019
The next wave of U.S. liquefied
natural gas (LNG) export projects will be "tougher" to bring
online, as companies with existing facilities take advantage of
lower costs to expand capacity in coming years, the chief
executive of Blackstone Group said on Wednesday.
|
|
Sep 18, 2019
Major U.S. social media
firms told a Senate panel Wednesday they are doing more to
prevent to remove violent or extremist content from online
platforms in the wake of several high-profile incidents,
focusing on using more technological tools to act faster.
|
|
Sep 18, 2019
Democratic presidential
candidate Cory Booker on Wednesday said he would increase worker
protections, strengthen labor unions and significantly raise
taxes on the wealthiest Americans as part of a broad workers'
rights plan.
|
|
Sep 18, 2019
Facebook met British
finance ministry, central bank and regulatory officials in the
weeks before making public its plans for the Libra digital
currency, responses to Reuters freedom of information requests
show.
|
|
Sep 18, 2019
Yemen's Houthi group, which
claims it was behind the weekend attack on Saudi oil facilities,
said on Wednesday it has dozens of sites located in the United
Arab Emirates listed as possible targets for attacks.
|
|
Sep 18, 2019
Southwest Airlines Co won the
dismissal of a proposed class-action lawsuit seeking damages for
stranded passengers on hundreds of winter flights it was forced
to cancel because it ran out of de-icer fluid.
|
|
Sep 18, 2019
* Output reduced at Tia Juana, Lagunillas, Bachaquero and
Boscan
|
|
Sep 18, 2019
* Indexes down: Dow 0.22%, S&P 0.27%, Nasdaq 0.33%
(Adds comment, details; updates prices)
|
|
Sep 18, 2019
U.S. homebuilding surged to
more than a 12-year high in August as both single- and
multi-family housing construction accelerated, suggesting that
lower mortgage rates were finally providing a boost to the
struggling housing market.
|
|
Sep 18, 2019
Novartis AG's Sandoz unit said
on Wednesday it was halting distribution of its versions of the
drug commonly known as Zantac in all its markets, including the
United States and Canada, after contaminants were found in the
heartburn drug.
|
|
Sep 18, 2019
* Wall St edges lower as FedEx profit warning hurts
(Updates throughout with open of U.S. markets, changes
dateline; previous LONDON)
|
|
Sep 18, 2019
Mexico's Energy Minister
Rocio Nahle said on Wednesday the government does not need to
modify the oil price forecast in its 2020 budget proposal
following recent attacks on Saudi Arabian oil facilities.
|
|
Sep 18, 2019
Saudi Arabia displayed remnants
of what it described as Iranian drones and cruise missiles used
in an attack on Saudi oil facilities as "undeniable" evidence of
Iranian aggression.
|
|
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