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Archiv (4076):

4076. UPDATE 1-Rating agencies knew of stress at India's IL&FS, but gave good ratings - audit
* IL&FS audit by Grant Thornton shows lapses by rating agencies
07:19 20.07.2019
4075. Rating agencies knew of stress at India's IL&FS, but gave good ratings - audit
* IL&FS audit by Grant Thornton shows lapses by rating agencies
06:33 20.07.2019
4074. CORRECTED-Tanzania to buy new Airbus, De Havilland planes for national carrier
Tanzania"s government will buy two new Airbus jets and one plane from De Havilland Canada as part of a fleet expansion plan for the national flag carrier, the president said on Thursday.
05:24 20.07.2019
4073. UPDATE 1-CBS stations go dark for DirecTV customers amid contract dispute with AT&T
CBS Corp and AT&T Inc failed to renew their contact, resulting in millions of DirecTV subscribers losing access to CBS programming.
05:19 20.07.2019
4072. AT&T drops CBS channels from its cable systems
CBS Corp said on Saturday AT&T Inc has removed CBS"s television stations from the channels of DIRECTV, DIRECTV NOW and AT&T U-verse TV customers.
03:20 20.07.2019
4071. UPDATE 2-White House to host meeting with tech executives on Huawei ban -sources
White House economic adviser Larry Kudlow will host a meeting with semiconductor and software executives on Monday to discuss the U.S. ban on sales to China"s Huawei Technologies Co Ltd, two sources briefed on the meeting said on Friday.
20:24 19.07.2019
4070. Equifax nears deal to pay about $700 mln to settle U.S. data-breach probes -WSJ
Credit reporting company Equifax Inc is close to a deal to settle data breach probes by paying around $700 million, the Wall Street Journal reported on Friday, citing people familiar with the matter.
19:27 19.07.2019
4069. Biohaven's treatment for Lou Gehrig's disease fails to win FDA nod
Biohaven Pharmaceutical Holding Co Ltd said on Friday the U.S. health regulator failed to approve its treatment for amyotrophic lateral sclerosis, or Lou Gehrig"s disease, sending its shares down nearly 6% in extended trading.
18:59 19.07.2019
4068. Fed's Rosengren: Policymakers must do what is 'right' for the U.S. economy
Boston Federal Reserve Bank President Eric Rosengren on Friday said that he and his fellow policymakers should to do what"s "right" for the economy, even if it is not necessarily what financial markets want.
18:46 19.07.2019
4067. UPDATE 1-Ford to lay off around 200 workers at Canadian plant
Ford Motor Co will lay off about approximately 200 employees in September at a Canadian manufacturing plant in Oakville, Ontario, with the possibility of more layoffs in January, the company said on Friday.
18:13 19.07.2019
4066. White House to host meeting with tech executives on Huawei ban -source
U.S. officials including Treasury Secretary Steven Mnuchin and White House economic adviser Larry Kudlow will host a meeting at the White House on Monday of semiconductor and software executives to discuss the U.S. ban on Huawei, a source familiar wit
18:04 19.07.2019
4065. UPDATE 1-A rally and a redirect: why the markets are so focused on the Fed
When New York Fed President John Williams talked about the need to "vaccinate the economy" on Thursday, markets listened. And when the New York Fed itself spoke up later to clarify his remarks, investors were again all ears.
18:03 19.07.2019
4064. UPDATE 1-Lockheed awarded $1.48 bln Saudi missile defense contract -Pentagon
Lockheed Martin was awarded a $1.48 billion contract to build the THAAD missile defense system for Saudi Arabia, bringing the total value of the deal to $5.36 billion, the Pentagon said on Friday.
17:55 19.07.2019
4063. UPDATE 3-Four Republican lawmakers ask Trump to move forward with $10 bln Pentagon cloud contract
Four Republican members of U.S. Congress, including House Armed Services Committee ranking member Mac Thornberry, sent a letter to President Donald Trump on Thursday urging him to move forward with a $10 billion cloud contract with the Defense Departm
17:29 19.07.2019
4062. Judge rules against hedge funds that challenged 2016 Jarden deal
A Delaware judge ruled against hedge funds on Friday that tried to get more cash out of Newell Brands Inc"s 2016 acquisition of consumer goods company Jarden Corp, the latest setback for a once-popular investment strategy known as appraisal.
17:25 19.07.2019
4061. Ford to lay off 185 workers at Canadian plant -union
Ford Motor Co will lay off about 185 employees in September at a Canadian manufacturing plant in Oakville, Ontario, with the possibility of more layoffs in January, the union local said on Friday.
17:18 19.07.2019
4060. Lockheed awarded $1.48 bln Saudi missile defense contract -Pentagon
Lockheed Martin was awarded a $1.48 billion contract to build the THAAD missile defense system for Saudi Arabia, the Pentagon said on Friday.
17:17 19.07.2019
4059. Mexico recession would hasten annual ratings review, S&P warns
Ratings agency Standard & Poor"s could accelerate its annual review of Mexico"s sovereign bonds and state oil company Pemex if the economy enters a recession and growth estimates fall for 2020, an S&P analyst said on Friday.
17:11 19.07.2019
4058. UPDATE 9-Oil climbs as Middle East tensions offset demand worries
* IEA does not expect "huge increase" in crude prices (Adds CFTC data)
16:53 19.07.2019
4057. US STOCKS-Wall St falls as Fed signals smaller rate cut
* Indexes down: Dow 0.25%, S&P 500 0.62%, Nasdaq 0.74% (Updates to market close)
16:44 19.07.2019
4056. Cuba's private-sector workers say Trump's travel curbs will hurt them too
Lazaro Hernandez, who has made a good living showing U.S. cruise ship passengers around Havana in his pink 1950s Chevrolet, says the new U.S. ban on cruises to Cuba will wipe out 90% of his business overnight.
20:12 05.06.2019
4055. First Quantum says it has complied with all rules in Panama mining contract
Canadian miner First Quantum Minerals said on Wednesday it had "fully complied" with local rules in operating Cobre Panama, one of the region"s largest copper mines, after Panama"s president-elect said he would review the company"s contract.
20:10 05.06.2019
4054. UPDATE 2-In double whammy, Fitch downgrades Mexico and Moody's lowers outlook
In a double blow for Mexico, credit ratings agency Fitch downgraded the nation"s sovereign debt rating on Wednesday, citing risks posed by heavily indebted oil company Pemex and trade tensions, while Moody"s lowered its outlook to negative.
20:07 05.06.2019
4053. FEATURE-Gold of contention: Armenia land dispute in spotlight as government steps in
JERMUK, Armenia, June 6 (Thomson Reuters Foundation) - T onnes of gold that lie under a snow-capped mountain in Armenia have locked locals and international investors in a bitter land dispute, with the country"s new government being watched closely
20:00 05.06.2019
4052. UPDATE 2-Fiat Chrysler withdraws merger offer for Renault, blames French politics
Fiat Chrysler said on Wednesday it was withdrawing its $35 billion merger offer for Renault, blaming French politics for scuttling what would have been a landmark deal to create the world"s third-biggest automaker.
19:55 05.06.2019
4051. UPDATE 2-Insys to pay $225 mln, plead guilty in U.S. over opioid kickbacks
Insys Therapeutics Inc agreed to pay $225 million and an operating unit will plead guilty to fraud to settle probes into their payment of kickbacks to induce doctors to prescribe highly addictive opioids, the U.S. Department of Justice said on Wednesd
18:46 05.06.2019
4050. UPDATE 5-U.S. cruise operators stop sailing to Cuba, travelers vent anger online
Major U.S. cruise operators said on Wednesday they will no longer sail to Cuba following the Trump administration"s ban on travel to the Caribbean island, angering travelers and prompting worries about trip cancellations and company earnings.
18:45 05.06.2019
4049. UPDATE 1-Fiat Chrysler sales chief files whistleblower suit over SEC probe
Fiat Chrysler Automobiles" U.S. sales chief Reid Bigland sued the Italian-American automaker claiming the company opted to withhold 90% of his 2018 compensation because he has cooperated with a probe by the U.S. Securities and Exchange Commission,
18:26 05.06.2019
4048. CORRECTED-U.S. ambassador: Dutch should ban Huawei outright on 5G network
U.S. Ambassador Pete Hoekstra said on Wednesday the Dutch government should ban Huawei outright from supplying equipment for a new 5G mobile telecommunications network in the Netherlands if it wants to prevent spying by the Chinese state.
18:19 05.06.2019
4047. UPDATE 2-U.S. Justice Department to review 1941 ASCAP, BMI consent decrees
The U.S. Justice Department said Wednesday it would review two consent decrees reached with music licensing groups ASCAP and BMI in 1941, a decision that could upend the business of licensing music to online companies, movie companies, commercials, ba
18:14 05.06.2019
4046. UPDATE 1-PG&E in talks with lawmakers on $11 bln fund - Bloomberg
Troubled power utility company PG&E Corp has spoken to lawmakers for arranging about $11 billion fund to settle claims related to wildfires, Bloomberg reported https://www.bloomberg.com/news/articles/2019-06-05/pg-e-is-said-to-plan-11-billion-fund-t
17:41 05.06.2019
4045. Insys to pay $225 mln, unit to plead guilty to settle U.S. opioid charges
Insys Therapeutics Inc agreed to pay $225 million and an operating unit agreed to plead guilty to five mail fraud counts to settle criminal and civil probes into its marketing of opioids, the U.S. Department of Justice said on Wednesday.
17:37 05.06.2019
4044. Fiat Chrysler sales chief files whistleblower suit over SEC probe
Fiat Chrysler Automobiles" U.S. sales chief Reid Bigland sued the Italian-American automaker claiming the company opted to withhold 90% of his 2018 compensation because he has cooperated with a probe by the U.S. Securities and Exchange Commission,
17:26 05.06.2019
4043. UPDATE 1-U.S. charges ex-CEO of cryptocurrency company Longfin with $66 million fraud
U.S. prosecutors said on Wednesday the former chief executive of Longfin Corp has been indicted for engineering an accounting fraud that inflated the revenue of the now-defunct cryptocurrency company by more than $66 million.
17:26 05.06.2019
4042. UPDATE 3-YouTube reversal bans Holocaust hoaxers, stops pay for borderline creators
YouTube said on Wednesday it would remove videos that deny factual catastrophes such as the Holocaust ever happened and stop sharing ad revenue with channels that skirt too close to its rules, a major policy reversal as it fights criticism that it pro
17:24 05.06.2019
4041. REFILE-Boeing's 777X faces engine snags, questions rise over delivery goal
Boeing Co"s effort to build the world"s largest twin-engined jet, the 777X, continues to be hampered by challenges with General Electric Co"s new GE9X turbine engine, a top Boeing executive said on Wednesday.
17:21 05.06.2019
4040. PG&E in talks with lawmakers on $11 bln fund - Bloomberg
Troubled power utility PG&E Corp has spoken to lawmakers for arranging an about $11 billion fund to settle claims related to wildfires, Bloomberg reported https://www.bloomberg.com/news/articles/2019-06-05/pg-e-is-said-to-plan-11-billion-fund-to-set
17:14 05.06.2019
4039. Takeda scraps late-stage amyloidosis study
Takeda Pharmaceutical Co Ltd said on Wednesday it would discontinue a late-stage study testing its experimental treatment for amyloidosis, as it did not meet the first of two main goals.
17:01 05.06.2019
4038. UPDATE 5-Bernie Sanders urges Walmart to boost 'starvation wages'
Democratic U.S. presidential hopeful Bernie Sanders on Wednesday told Walmart Inc shareholders and top executives that the world"s largest retailer should boost the "starvation"-level wages it pays its workers and stop fueling income inequality.
16:50 05.06.2019
4037. Brazilian retailer Via Varejo launches digital bank targeting low-income clients
Brazilian electronics and appliance retailer Via Varejo launched a digital bank targeting low-income clients in partnership with Boston-based startup Airfox, according to a filing on Wednesday.
16:46 05.06.2019

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