|
Jun 26, 2019
Israel's finance ministry has
sought help from Switzerland in identifying Israelis it believes
have undeclared assets at Union Bancaire Privee (UBP) and Bank
Julius Baer, Swiss government documents show.
|
|
Jun 26, 2019
U.S. President Donald Trump
on Wednesday suggested the European Union was out of line in
suing U.S. technology companies like Facebook and
Alphabet Inc's Google, saying legal action against
those firms should be the purview of the United States.
|
|
Jun 26, 2019
Record highs in the U.S. stock
market and the anticipation of equity-friendly interest rate
cuts by the Federal Reserve later this year are prompting
top-performing large-cap fund managers to seek out unloved
stocks in hopes of further gains.
|
|
Jun 26, 2019
Telecoms operator VEON Ltd
has settled a tax dispute with Egypt, the finance
ministry said on Wednesday, clearing the way for its potential
purchase of the 42.3% stake in its Egyptian subsidiary Global
Telecom Holding it does not own.
|
|
Jun 26, 2019
The dollar rose and European
shares fell on Wednesday as traders scaled back expectations of
an aggressive cut in U.S. interest rates in July, while Wall
Street rose on hopes of a China-U.S. trade breakthrough at the
G20 summit later this week in Japan.
|
|
Jun 26, 2019
Swedish telecoms equipment supplier
Ericsson said on Wednesday it plans to build its
first fully-automated factory in the United States to make
radios required to deploy 5G technology and make it operational
in early next year.
|
|
Jun 26, 2019
Canada's BlackBerry Ltd on
Wednesday reported lower-than-expected sales for its biggest
business, hurt by weak demand for its security software from
firms and government agencies, sending its shares down as much
as 10%.
|
|
Jun 26, 2019
The United States is
allowing more time for transactions involving oil refiner and
biofuel producer Neste and Petroleos de Venezuela
SA's joint venture Nynas AB despite U.S. sanctions on
Venezuela, according to a U.S. Treasury Department statement on
Wednesday.
|
|
Jun 26, 2019
The U.S. Treasury said on
Wednesday it was giving investors another four months to divest
from Russian automaker GAZ, a company linked to
Russian tycoon Oleg Deripaska that Washington sanctioned over
Russia's "malign activity."
|
|
Jun 26, 2019
Investors raced into the U.S.
stock market last week by sending the largest net inflows into
domestic stock and exchange-traded funds since March, according
to data released Wednesday by the Investment Company Institute.
Domestic stocks funds took in nearly $11.7 billion in net
assets, nearly double the inflows of the week before.
With nearly $17.9 billion in inflows, the past two weeks
combined for the largest two-week push into th
|
|
Jun 26, 2019
South Sudanese President
Salva Kiir Mayardit has launched an investigation into crude oil
pre-sale contracts from the country as it ratchets up
production, a letter seen by Reuters on Wednesday showed.
|
|
Jun 26, 2019
* European Commission not in contact with Swiss amid
standoff
|
|
Jun 26, 2019
The European Union should
order companies to give rivals reasonable access to technology
that can be used for artificial intelligence projects, a panel
of experts, which includes Google, SAP and
IBM, said on Wednesday.
|
|
Jun 26, 2019
Senior steel industry
executives on Wednesday urged the European Commission to
strengthen measures to protect against a surge in imports
triggered by U.S. tariffs, saying the future of the European
industry was under threat, particularly in Britain.
|
|
Jun 26, 2019
* Fund manager learnt little about risk from crisis-lawmaker
(Recasts, adds Carney, detail from IA conference)
|
|
Jun 26, 2019
Gold fell more than 1% on Wednesday on
signals the U.S. Federal Reserve would not make too steep a cut
to interest rates next month, but still held ground above the
key psychological $1,400 level.
|
|
Jun 26, 2019
The euro zone could have an
instant payments system shared by all banks in the bloc by the
end of 2020, finance industry officials said, as lenders face
more competition from the likes of Facebook and other
tech firms.
|
|
Jun 26, 2019
Shares of Mexican energy
infrastructure firm IEnova, a unit of Sempra Energy
, fell nearly 2.5% on Wednesday after the country's
Federal Commission of Electricity requested arbitration over a
pipeline project.
(Reporting by Mexico City Newsroom)
|
|
Jun 26, 2019
Iceland may soon reclaim a place
on the investment stage through inclusion in global equity
indexes, but with pricey stocks, a fading economy and reforms
done and dusted, fund managers are not rushing back there.
|
|
Jun 26, 2019
Hundreds of employees of Wayfair
Inc are expected to walk off the job on Wednesday in
protest of what they said was the retailer's sale of more than
$200,000 in bedroom furniture for a Texas detention facility for
migrant children.
|
|
Jun 26, 2019
NEW YORK, June 26 (LPC) - Blackstone's credit platform GSO
Capital Partners has appointed Dan Oneglia as senior managing
director and co-head of its distressed investing business, the
firm said in a press release on Wednesday.
|
|
Jun 26, 2019
The United States and Turkey
appeared to make no progress during talks at NATO headquarters
on Wednesday toward resolving a major dispute over Ankara's
plans to acquire a Russian air defense system, just ahead of its
expected July delivery.
|
|
Jun 26, 2019
* Pompeo critical of China's Belt and Road Initiative
(Adds detail of Pompeo speech, par 15)
|
|
Jun 26, 2019
Foreign payment firms such as
Mastercard and Visa can process transactions made
in India outside of the country but the related data should be
brought back for local storage within 24 hours, the Reserve Bank
of India (RBI) said on Wednesday.
|
|
Jun 26, 2019
* LME metals relative performance 2019: https://tmsnrt.rs/2ZWsL4f
|
|
Jun 26, 2019
* Indexes up: Dow 0.12%, S&P 0.21%, Nasdaq 0.83%
(Updates to open)
|
|
Jun 26, 2019
Canada's main stock index edged higher
on Wednesday, as gains in energy shares offset declines in
mining stocks and software maker BlackBerry.
|
|
Jun 26, 2019
Most Latin American currencies rose on
Wednesday as optimism over U.S.-China trade talks offset
weakness after the U.S. Federal Reserve dampened hopes of
aggressive interest rate cuts.
U.S. Treasury Secretary Steven Mnuchin said on Wednesday
that the United States and China were close to a trade deal,
CNBC reported ahead of meeting this week between presidents
Donald Trump and Xi Jinping at the G20 Summit.
The news turned around weakness in Latin American assets
a
|
|
Jun 26, 2019
Storm clouds are gathering over
Britain's economy, with waning consumer confidence and political
uncertainty suggesting it could be heading for a recession, the
boss of the country's biggest health and beauty chain said on
Wednesday.
|
|
Jun 26, 2019
Goldman Sachs has
hired Samuel Thong from Morgan Stanley as the chairman of
the healthcare group in the bank's Asia excluding-Japan
investment banking division, people with knowledge of the move
said.
|
|
Jun 26, 2019
The United States will ensure
India receives adequate supplies of oil as New Delhi stops
buying Iranian crude in line with U.S. sanctions, U.S. Secretary
of State Mike Pompeo said on Wednesday.
|
|
Jun 26, 2019
Israeli startup NeuroBlade
said on Wednesday it has completed a $23 million early funding
round, led by Marius Nacht, co-founder of Check Point Software
Technologies, with the participation of new investor Intel
Capital.
|
|
Jun 26, 2019
Outages at North Sea oilfields
have helped put competing Nigerian oil on pace to arrive in
Europe at the highest levels in seven months in June, according
to Refinitiv Eikon data and traders.
|
|
Jun 26, 2019
The amount of outstanding
loans in Brazil rose 0.6% in May from the previous month at 3.3
trillion reais ($860 billion), with loans to individuals rising
0.9% and loans to companies rising 0.1%, the central bank said
on Wednesday.
|
|
Jun 26, 2019
Barrick Gold Corp on Wednesday
stuck to its offer to buy out Acacia Mining, saying
assumptions made by the smaller firm about its mine plans were
out of touch and changes were indeed needed.
|
|
Jun 26, 2019
Canada's main stock index were little
changed at open on Wednesday as advances in energy stocks were
offset by declines in precious metal miners.
|
|
Jun 26, 2019
Acting U.S. Defense Secretary
Mark Esper warned his Turkish counterpart on Wednesday that
Ankara's purchase of Russia's S-400 air defense system would not
only end Turkey's role in the F-35 fighter jet program, it would
also hurt the Turkish economy due to ensuing U.S. sanctions, a
senior U.S. official said.
|
|
Jun 26, 2019
U.S. stocks opened higher on Wednesday,
as chipmaker Micron Technology's upbeat results lifted
technology shares and Treasury Secretary Steven Mnuchin's
comments fueled optimism that the United States and China would
strike a trade deal.
|
|
Jun 26, 2019
U.S. President Donald Trump
on Wednesday suggested the European Union was out of line
bringing lawsuits against U.S. technology companies like
Facebook and Alphabet Inc's Google, saying
legal action against those firms should be the purview of the
United States.
|
|
Jun 26, 2019
Contracts the German government
signed with private companies to implement its road toll scheme
- which a European court has since ruled illegal - were
cancelled partly due to breaches by the companies, Transport
Minister Andreas Scheuer said.
|
|
Jun 26, 2019
Saudi Arabia's finance minister
Mohammed al-Jadaan said on Wednesday that it will support
whatever economic plan will bring prosperity to the
Palestinians.
|
|
Jun 26, 2019
New orders for key U.S.-made
capital goods rose more than expected in May and shipments
increased solidly, suggesting some stabilizing in business
spending on equipment after a drop early in the year.
|
|
Jun 26, 2019
U.S. President Donald Trump
on Wednesday called on the Federal Reserve to lower interest
rates so the United States can compete with countries that he
said are devaluing their currencies.
|
|
Jun 26, 2019
Egypt's stock market ended six straight
days of losses on Wednesday, while Gulf bourses mostly dropped
as regional political concerns persisted.
Egypt's blue-chip index traded 1.3% higher. El
Sewedy Electric and real estate investment
|
|
Jun 26, 2019
* Futures up: Dow 0.30%, S&P 0.31%, Nasdaq 0.50%
(Updates prices, adds comments)
|
|
Jun 26, 2019
Germany would like to extend the
mandate for the Global Forum on Steel Excess Capacity - made up
of G20 countries and other industrialised nations - a government
official said on Wednesday, but added that this would be
difficult.
|
|
Jun 26, 2019
Gold prices fell more than 1% on
Wednesday, retreating from a six-year peak scaled in the
previous session, on signs the U.S. Federal Reserve will not
resort to a big interest rate cut in July.
|
|
Jun 26, 2019
Brazilian iron ore
miner Vale will spend 1.8 billion reais ($469 million) on
safety and environmental recovery measures for the structures
that remain standing near its Brumadinho dam that collapsed five
months ago, killing nearly 250 people, an executive said on
Wednesday.
|
|
Jun 26, 2019
U.S. President Donald Trump
on Wednesday suggested the European Union was out of line
bringing lawsuits against U.S. technology companies like
Facebook and Google, saying legal action against those firms
should be the purview of the United States.
|
|
Jun 26, 2019
* Firm says European Commission concerns "without merit"
(Releads, adds Commission chief economist comment)
|
|
Jun 26, 2019
U.S. President Donald Trump
on Wednesday called on the Federal Reserve to lower interest
rates so the United States can compete with countries that he
said are devaluing their currencies.
|
|
Jun 26, 2019
Mexican state oil firm
Pemex has produced an average of 1.68 million barrels per day
(bpd) of crude oil in June, the company's chief executive said
on Wednesday, slightly above the 1.66 million bpd registered in
May.
|
|
Jun 26, 2019
* U.S. futures point to strong open
(Recasts to reflect optimism in global stocks, adds quote)
|
|
Jun 26, 2019
U.S. household goods maker Newell Brands
Inc on Wednesday named Chief Financial Officer
Christopher Peterson as interim chief executive officer,
succeeding Michael Polk.
|
|
Jun 26, 2019
Barrick Gold Corp, the world's
No. 2 gold miner, said on Wednesday some assumptions made by
Acacia Mining about its mine plans were not supportable
and needed adjustments.
|
|
Jun 26, 2019
U.S. chipmaker Qualcomm
has won certification from Germany's cyber watchdog for
a next generation chip that boosts the security of smartphones,
as applications such as mobile payments become increasingly
prevalent.
|
|
Jun 26, 2019
Brazilian medical education
group Afya SA hopes to raise at least $250 million in an initial
public offering, three sources with knowledge of the matter said
on Tuesday, the latest in a series of South American companies
to seek U.S. listings.
|
|
Jun 26, 2019
* Pompeo critical of China's Belt and Road Initiative
(Adds news conference, analyst comment; paragraphs 5-7,19-23)
|
|
Jun 26, 2019
Canadian software maker BlackBerry Ltd
on Wednesday beat analysts' expectations for quarterly
revenue, as it benefited from its recent $1.4 billion bet on
cybersecurity firm Cylance.
|
|
Jun 26, 2019
U.S. stock index futures rose on
Wednesday after Treasury Secretary Steven Mnuchin said the
United States and China were close to reaching a trade deal,
with strong results from chipmaker Micron adding to the upbeat
mood.
|
|
Jun 26, 2019
Brazil's largest
petrochemical company Braskem SA said in a securities
filing on Wednesday that courts have frozen 3.7 billion reais
($962.11 million) in its checking accounts seeking to guarantee
compensation for damages caused by the firm.
|
|
Jun 26, 2019
Britain wants to see
accountability for the murder of journalist Jamal Khashoggi and
Saudi Arabia should investigate the death thoroughly and in a
way that adheres to international laws, Prime Minister Theresa
May said on Wednesday.
|
|
Jun 26, 2019
The European Commission said
it has had no contact with Switzerland in the past few days on
avoiding the expiration at the end of this week of a regime
which allows Swiss stock exchanges to access the European Union
market.
|
|
Jun 26, 2019
Canada's main stock index futures rose
on Wednesday as oil prices jumped after data showed a decline in
U.S. crude inventories and an outage at a major refinery on the
U.S. East Coast.
|
|
Jun 26, 2019
* Investors locking in profits after gold's strong rally-
analyst
|
|
Jun 26, 2019
Contracts the German government
signed with private companies to implement its road toll scheme
- which a European court has since ruled illegal - were
cancelled partly due to breaches by the companies, Transport
Minister Andreas Scheuer said.
|
|
Jun 26, 2019
Manchester United have agreed a deal to sign defender Aaron Wan-Bissaka from Crystal Palace on a long-term contract, the BBC reported on Wednesday.
|
|
Jun 26, 2019
General Mills Inc on Wednesday
reported quarterly sales below Wall Street estimates, hurt by
lower demand for its snacks in North America.
|
|
Jun 26, 2019
Canadian software maker BlackBerry Ltd
reported a smaller quarterly loss on Wednesday,
benefiting from its acquisition of cybersecurity firm Cylance.
|
|
Jun 26, 2019
StockX, an online market place
which specialises in reselling limited-edition sneakers, has
raised $110 million from investors to fund its expansion and
poached Scott Cutler from eBay as its new chief
executive, it said on Wednesday.
|
|
Jun 26, 2019
Airlines and regulators are
gathering at a closed-door summit in Montreal on Wednesday to
exchange views on steps needed for a safe and coordinated return
of Boeing Co's grounded 737 MAX jets to the skies
following two deadly crashes.
|
|
Jun 26, 2019
The European Commission has
had no contacts with Switzerland in the past few days to avoid
the expiration at the end of this week of the equivalence regime
that allows Swiss stock exchanges to access the EU market, a
spokeswoman said on Wednesday.
|
|
Jun 26, 2019
President Emmanuel Macron said on
Wednesday France would remain vigilant that Carlos Ghosn's
presumption of innocence and the former Renault-Nissan leaders'
rights to defend himself in a Japanese lawcase are respected.
|
|
Jun 26, 2019
The following are the top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
|
|
Jun 26, 2019
* Biggest cryptocurrency up 240% since January
(Adds details, context)
|
|
Jun 26, 2019
EU antitrust regulators will
investigate whether U.S. chipmaker Broadcom uses
exclusivity restrictions to block rivals in the TV and modem
chipsets markets, a move that could lead to hefty fines for the
company and an order to end such practices.
|
|
Jun 26, 2019
Chinese e-commerce giant
Alibaba on Wednesday launched an English-language
website for its Tmall Global marketplace aimed at merchants, in
an attempt to double the number of international brands on the
platform to 40,000 in the next three years.
|
|
Jun 26, 2019
Chinese e-commerce giant
Alibaba on Wednesday launched an English-language
website for its Tmall Global marketplace aimed at merchants, in
an attempt to double the number of international brands on the
platform to 40,000 in the next three years.
|
|
Jun 26, 2019
* Assets in other open-ended fund fall below 300 million
pounds
(Recasts, adds background, share, AUM moves)
|
|
Jun 26, 2019
U.S. Secretary of State Mike
Pompeo sought to reduce heightened trade tension with India on
Wednesday, promising a renewed focus on negotiating improved
trade and investment ties between the two nations.
|
|
Jun 26, 2019
A row over a stalled partnership
treaty between Switzerland and the European Union is about to
touch off a battle over share trading rules that could cause
market ructions across Europe from July 1.
|
|
Jun 26, 2019
Tesla Inc's vice president of
production in charge of all vehicle manufacturing at Fremont
factory, Peter Hochholdinger, is not at the automaker anymore,
news website Electrek reported https://electrek.co/2019/06/26/tesla-loses-head-of-production
on Wednesday, citing a source familiar with the matter.
|
|
Jun 26, 2019
South Africa's
Sibanye-Stillwater is to sell a 51% stake in its
PGM-copper project in northern Ontario to Generation Mining Ltd
in a deal to further develop the asset, the previous
miner said on Wednesdaay.
|
|
Jun 26, 2019
Austria is set to become the first euro
zone country to conduct a public sale of debt below the European
Central Bank's deposit rate, as monetary stimulus expectations
and worries over the global economy push euro zone yields to new
record lows.
|
|
Jun 26, 2019
The following bids, mergers,
acquisitions and disposals were reported by 1000 GMT on
Wednesday:
|
|
Jun 26, 2019
Israel's DayTwo, which
provides personalized nutritional insights based on intestinal
bacteria, said on Wednesday it raised $31 million in private
financing, bringing its total raised to $48 million.
The round was co-led by life sciences venture fund aMoon and
Ofek Ventures, a new venture fund. Existing investors Seventure
Partners and Johnson & Johnson also participated.
Previous funding rounds included contributions from the Mayo
Clinic for the company's validatio
|
|
Jun 26, 2019
The fate of thousands
of lawsuits seeking to hold drugmakers responsible for fueling
the U.S. opioid epidemic hinges in part on a thorny legal
question: Can a company can use a bankruptcy to stop lawsuits
from cities and states?
|
|
Jun 26, 2019
Tesla Inc's vice president of
production in charge of all vehicle manufacturing at Fremont
factory, Peter Hochholdinger, is not at the automaker anymore,
news website Electrek reported https://electrek.co/2019/06/26/tesla-loses-head-of-production
on Wednesday, citing a source familiar with the matter.
|
|
Jun 26, 2019
Austria is set to become the first ever
euro zone country to conduct a public sale of debt below the
European Central Bank's deposit rate, as monetary stimulus
expectations and worries over the global economy push euro zone
yields to new record lows.
|
|
Jun 26, 2019
EU antitrust regulators opened
on Wednesday an investigation into whether chipmaker Broadcom
uses exclusivity restrictions to block rivals.
|
|
Jun 26, 2019
* Investors locking in profits after gold's strong rally-
analyst
|
|
Jun 26, 2019
A row over a stalled partnership
treaty between Switzerland and the European Union is about to
touch off a battle over share trading rules that could cause
market ructions across Europe from July 1.
|
|
Jun 26, 2019
The Swiss government aims to
make it easier for patients to get medical marijuana, proposing
on Wednesday to allow prescriptions for cannabis to treat people
suffering from cancer or other serious conditions.
|
|
Jun 26, 2019
Papua New Guinea's new
treasurer on Wednesday put Total SA, Exxon Mobil Corp
, Newcrest Mining and their partners on notice
that the country wants to extract more benefits from their gas
and mining projects.
|
|
Jun 26, 2019
Bitcoin jumped to its highest in
eighteen months on Wednesday on safe-haven investment flows and
growing expectations that Facebook's Libra could turn
cryptocurrency investments mainstream.
|
|
Jun 26, 2019
Chinese e-commerce giant
Alibaba on Wednesday launched an English-language
website for its Tmall marketplace aimed at merchants, in an
attempt to double the number of international brands on the
platform to 40,000 in the next three years.
|
|
Jun 26, 2019
Global stocks fell while the
dollar rose on Wednesday as comments from U.S. Federal Reserve
dampened excitement about an aggressive rate cut as early as
July from the world's most important central bank.
|
|
Jun 26, 2019
Saudi Arabia's NEOM, which is
building a mega economic zone, said on Wednesday it has
appointed AECOM as a project management consultant for
part of NEOM Bay, the first urban area to be developed in the
zone.
|
|
Jun 26, 2019
* Fed's Powell, Bullard quash bets on half-point July rate
cut
|
|
Jun 26, 2019
Fujairah Oil Industry Zone on
Wednesday published, via industry information service S&P Global
Platts, the following weekly inventory data for oil products for
the week ended June 24.
Volumes are in thousands of barrels. Figures in brackets
represent volume change from prior week calculated by Reuters.
Week Light Middle Residual Fuels
Distillates Distillates
2019
|
|
Private Label