LONDON, May 1 (Reuters) - British lawmakers have asked
retail billionaire Philip Green and his wife Tina to appear
before them within the next few weeks to help with inquiries
into the failure of department store chain BHS and its pension
liabilities.
Read more
Saturday, April 30, 2016
Buffett says would pursue big Berkshire stock buyback if warranted
OMAHA, Neb., April 30 (Reuters) - Warren Buffett on Saturday
said the odds were "extremely high" that his Berkshire Hathaway
Inc would buy back "a lot" of its stock if the price
fell below 1.2 times book value, a level it recently approached.
Read more
said the odds were "extremely high" that his Berkshire Hathaway
Inc would buy back "a lot" of its stock if the price
fell below 1.2 times book value, a level it recently approached.
Read more
Buffett defends Berkshire's big Coke stake
OMAHA, Neb., April 30 (Reuters) - Warren Buffett on Saturday
vigorously defended Berkshire Hathaway Inc's
large, long-standing investment in Coca-Cola Co,
rejecting critics who say the company's sugary drinks harm
people's health.
Read more
vigorously defended Berkshire Hathaway Inc's
large, long-standing investment in Coca-Cola Co,
rejecting critics who say the company's sugary drinks harm
people's health.
Read more
EMERGING MARKETS-Brazil real hits 8-month high as Latam currencies rally
SAO PAULO, April 29 (Reuters) - Brazil's real surged to an
eight-month high on Friday, prompting the country's central bank
to step up intervention to derail the rally, while Colombia and
Mexico's pesos also hit their strongest levels this year.
Dovish signs from the U.S. Federal Reserve have fueled
strong gains in Latin American currencies this week.
The dollar index, a measure of the greenback's value
against a basket of currencies, was on course for its third
consecutive monthly decli
Read more
eight-month high on Friday, prompting the country's central bank
to step up intervention to derail the rally, while Colombia and
Mexico's pesos also hit their strongest levels this year.
Dovish signs from the U.S. Federal Reserve have fueled
strong gains in Latin American currencies this week.
The dollar index, a measure of the greenback's value
against a basket of currencies, was on course for its third
consecutive monthly decli
Read more
Friday, April 29, 2016
German transport minister urges foreign diesel recalls -Sueddeutsche
FRANKFURT, April 29 (Reuters) - German transport minister
Alexander Dobrindt urged foreign carmakers and vehicle testing
authorities to cooperate with Germany to clamp down on diesel
emissions by issuing wider recalls, German daily newspaper
Sueddeutsche Zeitung said.
Read more
Alexander Dobrindt urged foreign carmakers and vehicle testing
authorities to cooperate with Germany to clamp down on diesel
emissions by issuing wider recalls, German daily newspaper
Sueddeutsche Zeitung said.
Read more
Brady Campaign's ad draws ire of U.S. anti-gun violence activists
BOSTON, April 29 (Reuters) - The Brady Campaign to Prevent
Gun Violence said on Friday it has sharply cut back an online ad
that had used the names and faces of mass shooters and urged the
news media not to identify them after the group drew criticism
from other gun control activists.
Read more
Gun Violence said on Friday it has sharply cut back an online ad
that had used the names and faces of mass shooters and urged the
news media not to identify them after the group drew criticism
from other gun control activists.
Read more
UK Q1 motor insurance premiums slip-AA
LONDON, April 29 (Reuters) - British car insurance premiums
fell marginally in the first quarter compared with the previous
three months, dropping back after sharp rises over most of last
year, recovery service AA said on Friday.
Read more
fell marginally in the first quarter compared with the previous
three months, dropping back after sharp rises over most of last
year, recovery service AA said on Friday.
Read more
UPDATE 1-Chilean retailer Cencosud puts shopping center unit IPO on hold
SANTIAGO, April 29 (Reuters) - Chilean retailer Cencosud
has put on hold its plan to publicly list its shopping
center unit on a stock exchange, its chairman told shareholders
on Friday.
Read more
has put on hold its plan to publicly list its shopping
center unit on a stock exchange, its chairman told shareholders
on Friday.
Read more
Jaguars enjoy surprise day of snow at San Diego zoo
April 29 (Reuters) - Two jaguars woke up to a white winter
wonderland at San Diego zoo on Thursday, when a blanket of snow
filled their enclosure despite the warm spring weather.
Read more
wonderland at San Diego zoo on Thursday, when a blanket of snow
filled their enclosure despite the warm spring weather.
Read more
German banks see no quick pick up in Iran business
BERLIN, April 29 (Reuters) - Restoring German banks'
financial ties with Iran will take time given debt owed to
Berlin and transparency concerns, the head of the German banking
association said on Friday, dampening expectations days before a
business summit in Tehran.
Read more
financial ties with Iran will take time given debt owed to
Berlin and transparency concerns, the head of the German banking
association said on Friday, dampening expectations days before a
business summit in Tehran.
Read more
Reuters Business News Schedule at 1230 GMT/0830 AM ET
LONDON - The yen hit an 18-month high as investors wager the
Bank of Japan might be done adding fresh stimulus to the
economy, culminating in a sharp rise on the week that dragged
stocks around the world lower. (GLOBAL-MARKETS/ (WRAPUP 5),
moved, by Jamie McGeever, 710 words)
Read more
Bank of Japan might be done adding fresh stimulus to the
economy, culminating in a sharp rise on the week that dragged
stocks around the world lower. (GLOBAL-MARKETS/ (WRAPUP 5),
moved, by Jamie McGeever, 710 words)
Read more
WPP says working on succession plan for whenever CEO Sorrell leaves
LONDON, April 29 (Reuters) - Britain's WPP has
started identifying candidates both inside and outside of the
firm to replace founder and veteran CEO Martin Sorrell for
whenever he leaves the world's biggest advertising company.
Read more
started identifying candidates both inside and outside of the
firm to replace founder and veteran CEO Martin Sorrell for
whenever he leaves the world's biggest advertising company.
Read more
US STOCKS-Futures little changed as oil prices hit new 2016 high
April 29 (Reuters) - Nasdaq futures were lower on Friday,
weighed down by a fall in tech stocks, while S&P and Dow futures
were little changed as a jump in oil prices helped limit losses.
Read more
weighed down by a fall in tech stocks, while S&P and Dow futures
were little changed as a jump in oil prices helped limit losses.
Read more
China's SAIC Motor reports 6.3 pct rise in net profit for Q1
BEIJING, April 29 (Reuters) - SAIC Motor Corp Ltd
, China's largest automaker, reported on Friday a 6.3
percent rise in net profit for the first quarter, as overall
Chinese auto sales rebounded after struggling with last year's
sluggish economy.
Read more
, China's largest automaker, reported on Friday a 6.3
percent rise in net profit for the first quarter, as overall
Chinese auto sales rebounded after struggling with last year's
sluggish economy.
Read more
UPDATE 1-Soccer-Platini appears before top tribunal to appeal six-year ban
LAUSANNE, April 29 (Reuters) - Suspended UEFA president Michel Platini appeared before sport's highest tribunal on Friday to appeal against his six-year ban from soccer and said he was optimistic he would win his case, with FIFA ex-president Sepp Blatter among the witnesses.
Read more
Read more
SES maintains 2016 forecasts, takes control of O3B Networks
BRUSSELS, April 29 (Reuters) - Satellite operator SES
maintained its full-year forecasts after a
decline in earnings from data and government sources in the
first quarter outweighed higher income from video and in-flight
connectivity.
Read more
maintained its full-year forecasts after a
decline in earnings from data and government sources in the
first quarter outweighed higher income from video and in-flight
connectivity.
Read more
UPDATE 1-Restaurant Group cuts full-year profit outlook
April 29 (Reuters) - Britain's Restaurant Group Plc
on Friday warned on full-year profit outlook as it does not
expect any improvement in trading conditions in the short term.
Read more
on Friday warned on full-year profit outlook as it does not
expect any improvement in trading conditions in the short term.
Read more
UPDATE 1-Telefonica's profits hit by currency changes, focus on O2
MADRID, April 29 (Reuters) - Spain's Telefonica
reported on Friday a 6.7 percent drop in first-quarter core
profits to 3.376 billion euros ($3.85 billion), broadly in line
with forecasts as lower currencies in key overseas markets more
than offset slight growth in underlying revenue.
Read more
reported on Friday a 6.7 percent drop in first-quarter core
profits to 3.376 billion euros ($3.85 billion), broadly in line
with forecasts as lower currencies in key overseas markets more
than offset slight growth in underlying revenue.
Read more
Thursday, April 28, 2016
Professional network operator LinkedIn's revenue rises 35 pct
April 28 (Reuters) - LinkedIn Corp, the operator of
the world's biggest online network for professionals, reported a
35 percent rise in quarterly revenue as demand grew for its
hiring services.
Read more
the world's biggest online network for professionals, reported a
35 percent rise in quarterly revenue as demand grew for its
hiring services.
Read more
Online travel services company Expedia's revenue jumps 38.6 pct
April 28 (Reuters) - Expedia Inc reported a 38.6
percent jump in quarterly revenue, helped largely by a string of
acquisitions.
Read more
percent jump in quarterly revenue, helped largely by a string of
acquisitions.
Read more
UPDATE 1-Younger U.S. buyers more open to self-driving cars -J.D. Power
DETROIT, April 28 (Reuters) - U.S. consumers who are under
40 are more open than older people to self-driving cars and
their underlying systems, according to a survey released on
Thursday by J.D. Power.
Read more
40 are more open than older people to self-driving cars and
their underlying systems, according to a survey released on
Thursday by J.D. Power.
Read more
UPDATE 2-Carl Icahn says he sold entire Apple stake on China woes -CNBC
NEW YORK, April 28 (Reuters) - Billionaire activist investor
Carl Icahn said Thursday he had sold his entire stake in Apple
Inc, citing the risk of China's influence on the stock.
Read more
Carl Icahn said Thursday he had sold his entire stake in Apple
Inc, citing the risk of China's influence on the stock.
Read more
REFILE-YOUR MONEY-Cyber bullying delivers a punch to consumer wallets
NEW YORK, April 28 (Reuters) - Anyone who has had
embarrassing photos posted on social media or been deluged with
angry messages can attest to the high emotional cost of cyber
bullying. But there is also a cost in real dollars for some to
clean up their online reputations, including legal fees,
security measures and even counseling.
Read more
embarrassing photos posted on social media or been deluged with
angry messages can attest to the high emotional cost of cyber
bullying. But there is also a cost in real dollars for some to
clean up their online reputations, including legal fees,
security measures and even counseling.
Read more
UPDATE 5-Truck sales drive record results at Ford; shares up
DETROIT, April 28 (Reuters) - Ford Motor Co reported
first-quarter net income that more than doubled thanks to robust
deliveries of pickup trucks in North America and a profit
rebound in Europe, but cautioned that results in the second half
of the year would likely not be as strong.
Read more
first-quarter net income that more than doubled thanks to robust
deliveries of pickup trucks in North America and a profit
rebound in Europe, but cautioned that results in the second half
of the year would likely not be as strong.
Read more
UPDATE 3-Comcast to buy DreamWorks Animation for $3.8 billion
April 28 (Reuters) - Comcast Corp, the owner of
NBCUniversal, said on Thursday it would buy Hollywood studio
DreamWorks Animation SKG Inc for $3.8 billion to boost
its family-friendly offerings and help it take on media
conglomerate Walt Disney.
Read more
NBCUniversal, said on Thursday it would buy Hollywood studio
DreamWorks Animation SKG Inc for $3.8 billion to boost
its family-friendly offerings and help it take on media
conglomerate Walt Disney.
Read more
New home sales in Santiago plummet in first quarter
SANTIAGO, April 28 (Reuters) - New home sales in Chilean
capital city Santiago slid 41 percent in the first quarter of
2016, as buyers rushed to purchase houses and apartments last
year before a change in tax law that would boost prices went
into effect, industry group CChC said on Thursday.
Read more
capital city Santiago slid 41 percent in the first quarter of
2016, as buyers rushed to purchase houses and apartments last
year before a change in tax law that would boost prices went
into effect, industry group CChC said on Thursday.
Read more
Mall of Africa opens in South Africa as economic outlook sours
JOHANNESBURG, April 28 (Reuters) - Thousands of shoppers
queued on Thursday at the opening of one of the largest malls in
South Africa, set in middle-class suburbia between Johannesburg
and Pretoria.
Read more
queued on Thursday at the opening of one of the largest malls in
South Africa, set in middle-class suburbia between Johannesburg
and Pretoria.
Read more
South Asia clothing industry can employ millions more women, boost growth - World Bank
MUMBAI, April 28 (Thomson Reuters Foundation) - South Asia's
clothing and textiles industry can create millions of jobs for
the region's working-age women, boosting economic growth and
helping improve children's health and education, a World Bank
report said.
Read more
clothing and textiles industry can create millions of jobs for
the region's working-age women, boosting economic growth and
helping improve children's health and education, a World Bank
report said.
Read more
UPDATE 1-Apple chipmaker NXP looks to autos to outpace rivals' growth
* Shares rise 1.2 pct outperforming sector
(Releads, adds CFO comment, details on markets, share rise)
Read more
(Releads, adds CFO comment, details on markets, share rise)
Read more
UPDATE 2-Viacom profit beats, but U.S ad sales lag
April 28 (Reuters) - Viacom Inc reported a
higher-than-expected quarterly profit on Thursday as revenue
from its film unit topped estimates, helped by the success of
"The Big Short" movie, but a drop in domestic ad revenue was
more dramatic than Wall Street expected.
Read more
higher-than-expected quarterly profit on Thursday as revenue
from its film unit topped estimates, helped by the success of
"The Big Short" movie, but a drop in domestic ad revenue was
more dramatic than Wall Street expected.
Read more
Monarch Airlines boss says eyeing acquisitions, not for sale
LONDON, April 28 (Reuters) - Monarch Airlines, the
British airline owned by investment firm Greybull Capital, is
considering acquisitions, its boss said on Thursday.
Read more
British airline owned by investment firm Greybull Capital, is
considering acquisitions, its boss said on Thursday.
Read more
UPDATE 1-China's HNA Group agrees to buy Carlson Hotels
* Carlson deal expected to close in calendar 2016
(Adds previous deals, HNA profile, Reuters code for Rezidor)
Read more
(Adds previous deals, HNA profile, Reuters code for Rezidor)
Read more
Viacom revenue falls 2.5 pct as domestic ad sales fall
April 28 (Reuters) - Viacom Inc, the owner of MTV,
Comedy Central and Nickelodeon, reported a 2.5 percent decline
in quarterly revenue, weighed down by lower domestic advertising
revenue and a lack of hit movie releases at its Paramount film
studio.
Read more
Comedy Central and Nickelodeon, reported a 2.5 percent decline
in quarterly revenue, weighed down by lower domestic advertising
revenue and a lack of hit movie releases at its Paramount film
studio.
Read more
UPDATE 1-Brawls in Turkish parliament delay legislation on EU migrant deal
ANKARA, April 28 (Reuters) - Brawls between lawmakers from
Turkey's ruling AK Party and the pro-Kurdish opposition have
delayed efforts to pass legislation on a migration deal with the
European Union, but the country's EU minister said a deadline
next week would still be met.
Read more
Turkey's ruling AK Party and the pro-Kurdish opposition have
delayed efforts to pass legislation on a migration deal with the
European Union, but the country's EU minister said a deadline
next week would still be met.
Read more
Time Warner Cable revenue rises 7.2 pct
April 28 (Reuters) - Time Warner Cable Inc, which is
being bought by Charter Communications Inc, reported a
7.2 percent rise in revenue as it added more high speed data
customers.
Read more
being bought by Charter Communications Inc, reported a
7.2 percent rise in revenue as it added more high speed data
customers.
Read more
Artist Ai Weiwei to release documentary on refugee crisis
BERN, April 28 (Reuters) - Chinese dissident artist Ai
Weiwei plans to release a film about the migrant crisis next
year, adding to the celebrity voices seeking to highlight the
plight of refugees.
Read more
Weiwei plans to release a film about the migrant crisis next
year, adding to the celebrity voices seeking to highlight the
plight of refugees.
Read more
UPDATE 1-VW CEO eyes solid 2016 growth despite crisis
* VW making gradual progress with dieselgate probe -CEO
(Adds detail on VW brand, trucks and strategy)
Read more
(Adds detail on VW brand, trucks and strategy)
Read more
UPDATE 1-LG Elec sees strong Q2 results after 66 pct jump in first-quarter profit
* Mobile division posts loss, but firm sees Q2 rebound
(Updates with comments from LG, details on earnings)
Read more
(Updates with comments from LG, details on earnings)
Read more
Family owners of Lego pass some roles to son
COPENHAGEN, April 28 (Reuters) - Toy maker Lego's owners
Kirkbi A/S have appointed Thomas Kirk Kristiansen as deputy
chairman of Lego and chairman of the Lego Foundation, the
company said.
Read more
Kirkbi A/S have appointed Thomas Kirk Kristiansen as deputy
chairman of Lego and chairman of the Lego Foundation, the
company said.
Read more
UPDATE 1-Sony logs biggest FY profit in 8 years on restructuring, games
* Warns of "major losses" in devices unit due to quake
(Adds loss in devices business, details on earthquake)
Read more
(Adds loss in devices business, details on earthquake)
Read more
UPDATE 1-Solid U.S. trading boosts ad group WPP in Q1
LONDON, April 28 (Reuters) - Britain's WPP, the
world's biggest advertising company, reported first-quarter
like-for-like net sales growth in line with forecasts and ahead
of last year, driven by an acceleration of new contract wins in
the United States.
Read more
world's biggest advertising company, reported first-quarter
like-for-like net sales growth in line with forecasts and ahead
of last year, driven by an acceleration of new contract wins in
the United States.
Read more
Wednesday, April 27, 2016
China's Xiaomi aims to double smart home device sales this year to $1.54 bln
BEIJING, April 28 (Reuters) - Chinese smartphone maker
Xiaomi Inc aims to double sales of smart home
technology devices like rice cookers and air purifiers this
year, the company's vice president said on Thursday, as it
accelerates diversification of business lines to cope with the
saturation of smartphones at home and abroad.
Read more
Xiaomi Inc aims to double sales of smart home
technology devices like rice cookers and air purifiers this
year, the company's vice president said on Thursday, as it
accelerates diversification of business lines to cope with the
saturation of smartphones at home and abroad.
Read more
UPDATE 1-Mitsubishi Motors says U.S. models compliant, shares regain some ground
* But has lost nearly half of market value since scandal
(Recasts with share reaction, adds transport ministry tests)
Read more
(Recasts with share reaction, adds transport ministry tests)
Read more
Japan govt to start testing mileage of Mitsubishi Motors cars -minister
TOKYO, April 28 (Reuters) - Japan will begin tests to
measure the fuel economy of vehicles made by Mitsubishi Motors
Corp next week and announce results on the first four
models in June, Transport Minister Keiichi Ishii said on
Thursday.
Read more
measure the fuel economy of vehicles made by Mitsubishi Motors
Corp next week and announce results on the first four
models in June, Transport Minister Keiichi Ishii said on
Thursday.
Read more
UPDATE 5-Man found dead at Apple headquarters in California
CUPERTINO, Calif., April 27 (Reuters) - An Apple Inc
employee was found dead on Wednesday at the company's
Silicon Valley headquarters, police said, with local media
reporting that the victim had suffered a head wound and a gun
was discovered near his body.
Read more
employee was found dead on Wednesday at the company's
Silicon Valley headquarters, police said, with local media
reporting that the victim had suffered a head wound and a gun
was discovered near his body.
Read more
UPDATE 1-U.S. clothes giant HanesBrands makes $840 mln play for Australia rival
SYDNEY, April 28 (Reuters) - Australian underwear and
t-shirt maker Pacific Brands Ltd said on Thursday it
has agreed to an all-cash buyout from U.S. clothing company
HanesBrands Inc, valuing the company at A$1.1 billion
($836 million).
Read more
t-shirt maker Pacific Brands Ltd said on Thursday it
has agreed to an all-cash buyout from U.S. clothing company
HanesBrands Inc, valuing the company at A$1.1 billion
($836 million).
Read more
Elections get dirty as adult filmmakers set up political action committee
SACRAMENTO, Calif., April 27 (Reuters) - California politics
got a bit more racy on Wednesday, as producers and actors in the
adult film business said they had formed a political action
committee, or PAC, to fight a ballot initiative to require the
use of condoms when shooting explicit sex scenes.
Read more
got a bit more racy on Wednesday, as producers and actors in the
adult film business said they had formed a political action
committee, or PAC, to fight a ballot initiative to require the
use of condoms when shooting explicit sex scenes.
Read more
Myanmar's Mr Clean says he takes 'red tape road' to profit
YANGON, April 28 (Reuters) - Scaffolding around the 139-year
old Burma Railway Headquarters, a red-brick colonial relic at
the centre of a half billion dollar property development in
central Yangon, hasn't seen much action since the project was
announced four years ago.
Read more
old Burma Railway Headquarters, a red-brick colonial relic at
the centre of a half billion dollar property development in
central Yangon, hasn't seen much action since the project was
announced four years ago.
Read more
NBA team owners propose $1 bln plan to attract U.S. pro soccer to Detroit
DETROIT, April 27 (Reuters) - Two professional basketball team owners on Wednesday announced a $1 billion investment plan to attract a Major League Soccer franchise to downtown Detroit in a move they said would help revitalize the city.
Read more
Read more
UPDATE 1-Snow Park takes 4.6 pct stake in Ashford Hospitality Prime
NEW YORK, April 27 (Reuters) - Hedge fund Snow Park Capital
Partners has taken a 4.6 percent stake in Ashford Hospitality
Prime Inc, according to a person familiar with the
matter, and plans to push the company to move more quickly with
a stock buyback plan.
Read more
Partners has taken a 4.6 percent stake in Ashford Hospitality
Prime Inc, according to a person familiar with the
matter, and plans to push the company to move more quickly with
a stock buyback plan.
Read more
UPDATE 1-U.S. Congress passes legislation to protect firms' trade secrets
WASHINGTON, April 27 (Reuters) - The U.S. Congress on
Wednesday passed and sent to President Barack Obama legislation
strengthening legal protection for companies' trade secrets,
including manufacturing processes and computer methods.
Read more
Wednesday passed and sent to President Barack Obama legislation
strengthening legal protection for companies' trade secrets,
including manufacturing processes and computer methods.
Read more
UPDATE 4-Yahoo to add four directors to board in deal with Starboard
April 27 (Reuters) - Yahoo Inc on Wednesday agreed
to add four new independent directors to its board, bowing to
pressure from activist hedge fund Starboard Value LP and
averting a proxy fight ahead of its upcoming annual meeting.
Read more
to add four new independent directors to its board, bowing to
pressure from activist hedge fund Starboard Value LP and
averting a proxy fight ahead of its upcoming annual meeting.
Read more
Smaller tech stocks thrive even as large names get hammered
NEW YORK, April 27 (Reuters) - The technology sector has
taken it on the chin in recent days, after
lukewarm-to-disappointing results from a range of bellwethers
such as Apple, Alphabet and Microsoft, but stocks of smaller
tech companies have managed to buck the downtrend.
Read more
taken it on the chin in recent days, after
lukewarm-to-disappointing results from a range of bellwethers
such as Apple, Alphabet and Microsoft, but stocks of smaller
tech companies have managed to buck the downtrend.
Read more
UPDATE 1-Email privacy bill unanimously passes U.S. House
WASHINGTON, April 27 (Reuters) - The U.S. House of
Representatives voted unanimously on Wednesday to require law
enforcement authorities to get a search warrant before asking
technology companies to hand over old emails.
Read more
Representatives voted unanimously on Wednesday to require law
enforcement authorities to get a search warrant before asking
technology companies to hand over old emails.
Read more
EMERGING MARKETS-Brazil stocks outperform Latam as banks, state-run firms gain
BRASILIA, April 27 (Reuters) - Brazilian stocks rose nearly
2 percent on Wednesday as growing market optimism about an
expected government change boosted shares of banks and state-run
companies.
Brazil's currency, the real, and other exchange rates
across Latin America were little changed though, as investors
awaited an upcoming interest rate decision in the United States.
Brazil's Bovespa stock index outperformed the
broader MSCI Latin American stock index on signs
Vice President Michel
Read more
2 percent on Wednesday as growing market optimism about an
expected government change boosted shares of banks and state-run
companies.
Brazil's currency, the real, and other exchange rates
across Latin America were little changed though, as investors
awaited an upcoming interest rate decision in the United States.
Brazil's Bovespa stock index outperformed the
broader MSCI Latin American stock index on signs
Vice President Michel
Read more
UPDATE 1-Amazon found liable for charges incurred by kids using apps
WASHINGTON, April 27 (Reuters) - Amazon.com is
liable for billing parents for in-app purchases that their
children made without permission, a federal judge has ruled.
Read more
liable for billing parents for in-app purchases that their
children made without permission, a federal judge has ruled.
Read more
France's SFR banks on content, phone combination to lure clients
PARIS, April 27 (Reuters) - French telecoms operator SFR plans to offer customers its own TV media content, including English Premier League soccer, banking on the move to win market share even though similar projects in France have failed in the past.
Read more
Read more
Casino operator Red Rock Resorts falls in market debut
April 27 (Reuters) - Shares of Red Rock Resorts Inc
fell 5 percent in their debut on Wednesday, valuing the Las
Vegas-based casino operator at $2.14 billion.
Read more
fell 5 percent in their debut on Wednesday, valuing the Las
Vegas-based casino operator at $2.14 billion.
Read more
Olympics-South Korea seeks Zika protection in Rio, Brits go patriotic
LONDON, April 27 (Reuters) - South Korean athletes will make their Rio Olympics entrance covered up in long sleeves and trousers, uniforms its designers say were made to protect them from Zika-carrying mosquitoes.
Read more
Read more
UPDATE 1-Kinnevik's Global Fashion Group cut sparks Rocket Internet fall
* Rocket shares fall 14.34 pct as cuts own GFG valuation
(Adds details on fashion group valuation; market comparisons)
Read more
(Adds details on fashion group valuation; market comparisons)
Read more
U.S. agency says court found Amazon liable for kid in-app charges
WASHINGTON, April 27 (Reuters) - A federal judge has ruled
that Amazon.com was liable for billing parents for
unauthorized charges that children made within apps, the Federal
Trade Commission said on Wednesday.
Read more
that Amazon.com was liable for billing parents for
unauthorized charges that children made within apps, the Federal
Trade Commission said on Wednesday.
Read more
Pinnacle names Mondelez executive as CEO
April 27 (Reuters) - Pinnacle Foods Inc appointed
Mondelez International Inc's executive Mark Clouse as
its chief executive officer.
Read more
Mondelez International Inc's executive Mark Clouse as
its chief executive officer.
Read more
Thailand's Central Group buying e-commerce site Zalora's Thai business
BANGKOK, April 27 (Reuters) - Thailand's Central Group is
buying the Thai business of fashioned-focused e-commerce site
Zalora, a unit of the group said on Wednesday.
Read more
buying the Thai business of fashioned-focused e-commerce site
Zalora, a unit of the group said on Wednesday.
Read more
Comcast tops estimates; posts video subscriber gains
NEW YORK, April 27 (Reuters) - Comcast Corp on
Wednesday posted better-than-expected results, bolstered by the
biggest first-quarter gain in pay-TV customers in nine years and
growth in its business services, high-speed Internet and
entertainment units.
Read more
Wednesday posted better-than-expected results, bolstered by the
biggest first-quarter gain in pay-TV customers in nine years and
growth in its business services, high-speed Internet and
entertainment units.
Read more
Bosch profit boosted by auto sensor technology sales
FRANKFURT, April 27 (Reuters) - German car parts maker and
industrial services firm Robert Bosch said it expected
sales to rise at the lower end of its 3 percent to 5 percent
forecast range this year if a slowdown in the first quarter
continues.
Read more
industrial services firm Robert Bosch said it expected
sales to rise at the lower end of its 3 percent to 5 percent
forecast range this year if a slowdown in the first quarter
continues.
Read more
China's Guangzhou Auto looks to Fiat Chrysler for help entering US
BEIJING, April 27 (Reuters) - Guangzhou Automobile Group Co
Ltd , whose partnership with Fiat Chrysler
Automobiles NV enables the Milan-listed automaker to
manufacture in China, wants Fiat Chrysler to return the favour
by helping it enter the United States, a top executive told
Reuters.
Read more
Ltd , whose partnership with Fiat Chrysler
Automobiles NV enables the Milan-listed automaker to
manufacture in China, wants Fiat Chrysler to return the favour
by helping it enter the United States, a top executive told
Reuters.
Read more
Mitsubishi Motors says no need for financial help at the moment
TOKYO, April 27 (Reuters) - Mitsubishi Motors Corp
on Wednesday said it saw no need to request assistance from
financial backers as it was in a strong financial position to
deal with a fuel economy data manipulation scandal.
Read more
on Wednesday said it saw no need to request assistance from
financial backers as it was in a strong financial position to
deal with a fuel economy data manipulation scandal.
Read more
BUZZ-Informa: 3rd top FTSE gainer on Barclays upgrade
** Informa +c.2% & 3rd top FTSE 100 gainer
on Barclays upgrade to "overweight", TP goes to 750p from 630p
Read more
on Barclays upgrade to "overweight", TP goes to 750p from 630p
Read more
Stronger ad revenues lift broadcaster CME's Q1 core profit
PRAGUE, April 27 (Reuters) - Core profits at broadcaster
Central European Media Enterprises (CME) rose
44 percent at constant exchange rates in the first quarter,
slightly above market expectations, the company reported on
Wednesday.
Read more
Central European Media Enterprises (CME) rose
44 percent at constant exchange rates in the first quarter,
slightly above market expectations, the company reported on
Wednesday.
Read more
UPDATE 1-More urgent action needed on air pollution in Britain -MPs
LONDON, April 27 (Reuters) - A government plan to tackle air
pollution in five major cities in Britain by 2020 will not be
enough and more urgent action needs to be taken, lawmakers said
on Wednesday.
Read more
pollution in five major cities in Britain by 2020 will not be
enough and more urgent action needs to be taken, lawmakers said
on Wednesday.
Read more
Toyota says all Japan car plants to operate between May 6-14
TOKYO, April 27 (Reuters) - Toyota Motor Corp said
on Wednesday all production lines at its domestic factories
would operate on May 6 to May 14, after output was partially
suspended following deadly earthquakes in southern Japan earlier
this month.
Read more
on Wednesday all production lines at its domestic factories
would operate on May 6 to May 14, after output was partially
suspended following deadly earthquakes in southern Japan earlier
this month.
Read more
Tuesday, April 26, 2016
As iPhone sales slump, Apple bets on services from apps to music
SAN FRANCISCO, April 26 (Reuters) - Apple Inc's
first-ever drop in quarterly iPhone sales has spurred Chief
Executive Tim Cook to turn the spotlight on prospects for its
services business, but the field is rife with competition and
may prove challenging for a brand based on gadgets.
Read more
first-ever drop in quarterly iPhone sales has spurred Chief
Executive Tim Cook to turn the spotlight on prospects for its
services business, but the field is rife with competition and
may prove challenging for a brand based on gadgets.
Read more
UPDATE 1-In the battle for Hollywood endorsements - and cash - Clinton rules
LOS ANGELES, April 26 (Reuters) - Democratic presidential
candidate Bernie Sanders' positions on fracking, free tuition
and breaking up big banks wouldn't sound out of place in an
Oscar winning-actor's acceptance speech.
Read more
candidate Bernie Sanders' positions on fracking, free tuition
and breaking up big banks wouldn't sound out of place in an
Oscar winning-actor's acceptance speech.
Read more
Hit by housing glut, China's Heilongjiang province cuts land sales, hands out subsidies
HONG KONG, April 27 (Reuters) - The government of China's
northernmost province Heilongjiang said it aims to reduce a
housing glut to a "reasonable level" by 2018 through restricting
land sales and offering subsidies to rural folk looking to buy
homes in urban areas.
Read more
northernmost province Heilongjiang said it aims to reduce a
housing glut to a "reasonable level" by 2018 through restricting
land sales and offering subsidies to rural folk looking to buy
homes in urban areas.
Read more
Traffic to Wikipedia terrorism entries plunged after Snowden revelations, study finds
SAN FRANCISCO, April 27 (Reuters) - Internet traffic to
Wikipedia pages summarizing knowledge about terror groups and
their tools plunged nearly 30 percent after revelations of
widespread Web monitoring by the U.S. National Security Agency,
suggesting that concerns about government snooping are hurting
the ordinary pursuit of information.
Read more
Wikipedia pages summarizing knowledge about terror groups and
their tools plunged nearly 30 percent after revelations of
widespread Web monitoring by the U.S. National Security Agency,
suggesting that concerns about government snooping are hurting
the ordinary pursuit of information.
Read more
Comcast in talks to buy DreamWorks Animation for more than $3 bln - WSJ
April 26 (Reuters) - Comcast Corp, the largest
U.S. cable operator, is in talks to buy Hollywood studio owner
DreamWorks Animation SKG Inc for more than $3 billion,
The Wall street Journal reported, citing sources.
Read more
U.S. cable operator, is in talks to buy Hollywood studio owner
DreamWorks Animation SKG Inc for more than $3 billion,
The Wall street Journal reported, citing sources.
Read more
UPDATE 4-Bill Cosby takes legal hits in abuse cases on both U.S. coasts
NEW YORK/LOS ANGELES, April 26 (Reuters) - Courts on both
U.S. coasts dealt setbacks to Bill Cosby's legal team on
Tuesday, as the comedian kept trying to fend off lawsuits over
allegations that he has sexually abused women for decades.
Read more
U.S. coasts dealt setbacks to Bill Cosby's legal team on
Tuesday, as the comedian kept trying to fend off lawsuits over
allegations that he has sexually abused women for decades.
Read more
UPDATE 1-Apple says FBI gave it first vulnerability tip on April 14
April 26 (Reuters) - The FBI informed Apple Inc of
a vulnerability in its iPhone and Mac software on April 14, the
first time it had told the company about a flaw in Apple
products under a controversial White House process for sharing
such information, the company told Reuters on Tuesday.
Read more
a vulnerability in its iPhone and Mac software on April 14, the
first time it had told the company about a flaw in Apple
products under a controversial White House process for sharing
such information, the company told Reuters on Tuesday.
Read more
Mitsubishi Motors CEO, COO likely to resign over mileage scandal -papers
TOKYO, April 27 (Reuters) - Mitsubishi Motors Corp's
top two executives are likely to resign over the
Japanese automaker's manipulation of fuel economy data, Japanese
media reported on Wednesday, in a scandal that has halved the
company's market value in a week.
Read more
top two executives are likely to resign over the
Japanese automaker's manipulation of fuel economy data, Japanese
media reported on Wednesday, in a scandal that has halved the
company's market value in a week.
Read more
More urgent action needed on air pollution in Britain-MPs
LONDON, April 27 (Reuters) - A government plan to tackle air
pollution in five major cities in Britain by 2020 will not be
enough and more urgent action needs to be taken, lawmakers said
on Wednesday.
Read more
pollution in five major cities in Britain by 2020 will not be
enough and more urgent action needs to be taken, lawmakers said
on Wednesday.
Read more
Sandwich chain Panera's profit, revenue beat estimates
April 26 (Reuters) - Sandwiches and bagel chain Panera Bread
Co reported higher-than-expected quarterly profit and
revenue as it attracted more customers.
Read more
Co reported higher-than-expected quarterly profit and
revenue as it attracted more customers.
Read more
UPDATE 1-Twitter revenue misses estimates on weak ad spending
April 26 (Reuters) - Twitter Inc reported
lower-than-expected revenue for the first quarter, hurt by
weaker spending by big advertisers, and the microblogging
service provider forecast current-quarter revenue well below
analysts' expectations.
Read more
lower-than-expected revenue for the first quarter, hurt by
weaker spending by big advertisers, and the microblogging
service provider forecast current-quarter revenue well below
analysts' expectations.
Read more
UPDATE 1-Mexico's Walmex first-quarter profit jumps on higher sales
MEXICO CITY, April 26 (Reuters) - Mexico's biggest retailer,
Wal-Mart de Mexico, reported a 29.9 percent rise in
first-quarter net profit on Tuesday, helped by a boost in sales.
Read more
Wal-Mart de Mexico, reported a 29.9 percent rise in
first-quarter net profit on Tuesday, helped by a boost in sales.
Read more
UPDATE 1-AT&T beats profit estimates on DIRECTV acquisition
April 26 (Reuters) - AT&T Inc, the No. 2 U.S. wireless
carrier, reported a better-than-expected quarterly profit,
largely helped by the acquisition of satellite TV operator
DIRECTV.
Read more
carrier, reported a better-than-expected quarterly profit,
largely helped by the acquisition of satellite TV operator
DIRECTV.
Read more
UPDATE 2-Google, Ford, Uber launch coalition to further self-driving cars
WASHINGTON, April 26 (Reuters) - Alphabet Inc's Google unit
, Ford Motor Co, the ride-sharing service Uber
and two other companies said on Tuesday they are
forming a coalition to push for federal action to help speed
self-driving cars to market.
Read more
, Ford Motor Co, the ride-sharing service Uber
and two other companies said on Tuesday they are
forming a coalition to push for federal action to help speed
self-driving cars to market.
Read more
UPDATE 2-Cheap oil smudges Exxon's long-held sterling credit rating
April 26 (Reuters) - Exxon Mobil Corp lost its
top-tier credit rating from Standard & Poor's on Tuesday - the
first time in almost 70 years, as an oil price rout makes it
tougher for the largest producer of crude to fund projects and
return big amounts of cash to shareholders.
Read more
top-tier credit rating from Standard & Poor's on Tuesday - the
first time in almost 70 years, as an oil price rout makes it
tougher for the largest producer of crude to fund projects and
return big amounts of cash to shareholders.
Read more
Earnings could mark end to rally in U.S. media stocks
NEW YORK, April 26 (Reuters) - U.S. fund managers' newfound
love of media stocks will soon be put to the test.
Read more
love of media stocks will soon be put to the test.
Read more
UPDATE 1-Prince left no will, musician's sister lists siblings as heirs
April 26 (Reuters) - Music superstar Prince, who died
suddenly last week, left no will, his sister said in court
documents filed on Tuesday.
Read more
suddenly last week, left no will, his sister said in court
documents filed on Tuesday.
Read more
UPDATE 1-LuxLeaks defendant found tax data by chance, court told
* Sapin expresses solidarity, says acted in public interest
(Adds French finance minister comments)
Read more
(Adds French finance minister comments)
Read more
Cosby loses bid to force New York magazine to hand over reporters' notes
NEW YORK, April 26 (Reuters) - The comedian Bill Cosby lost
his bid on Tuesday to force the publisher of New York magazine
to comply with a subpoena seeking reporters' notes and other
material for a cover story last year chronicling 35 women's
sexual assault claims against him.
Read more
his bid on Tuesday to force the publisher of New York magazine
to comply with a subpoena seeking reporters' notes and other
material for a cover story last year chronicling 35 women's
sexual assault claims against him.
Read more
LuxLeaks defendant accessed data via security glitch, court told
LUXEMBOURG, April 26 (Reuters) - A man accused of leaking
information exposing Luxembourg's tax deals with multinational
companies only had access to the confidential documents because
of a security glitch, a court heard on the opening day of the
"LuxLeaks" trial on Tuesday.
Read more
information exposing Luxembourg's tax deals with multinational
companies only had access to the confidential documents because
of a security glitch, a court heard on the opening day of the
"LuxLeaks" trial on Tuesday.
Read more
Apple revenue to shrink but options traders unfazed
NEW YORK, April 26 (Reuters) - Apple Inc on Tuesday
is likely to report its first decline in revenue in more than a
decade, and analysts expect to hear bad news on iPhone sales,
but traders in the options market are not running scared.
Read more
is likely to report its first decline in revenue in more than a
decade, and analysts expect to hear bad news on iPhone sales,
but traders in the options market are not running scared.
Read more
New York Times to shut some Paris operations, cut up to 70 jobs
April 26 (Reuters) - The New York Times Co said on
Tuesday it would close its editing and print production
operations in Paris, resulting in the elimination or relocation
of up to 70 jobs.
Read more
Tuesday it would close its editing and print production
operations in Paris, resulting in the elimination or relocation
of up to 70 jobs.
Read more
UPDATE 1-Fiat Chrysler N.America plant reset to be complete by early 2018
April 26 (Reuters) - Fiat Chrysler Automobiles NV Chief
Executive Sergio Marchionne said on Tuesday that a realignment
of North American plants to emphasize truck and Jeep production
over car output will be completed by early 2018.
Read more
Executive Sergio Marchionne said on Tuesday that a realignment
of North American plants to emphasize truck and Jeep production
over car output will be completed by early 2018.
Read more
Cool Asian fashion brands challenge Western labels
SEOUL, April 26 (Reuters) - Fashion brands from South Korea,
China and Japan are becoming serious rivals of their Western
peers as Asian consumers become increasingly confident in their
own style and take pride in buying home-grown labels.
Read more
China and Japan are becoming serious rivals of their Western
peers as Asian consumers become increasingly confident in their
own style and take pride in buying home-grown labels.
Read more
UPDATE 3-Coach reports first quarterly profit growth in three years
April 26 (Reuters) - Coach Inc, which has been
trying to regain its cachet in the luxury handbag market,
reported its first growth in quarterly profit in three years.
Read more
trying to regain its cachet in the luxury handbag market,
reported its first growth in quarterly profit in three years.
Read more
WRAPUP 1-Rebound in U.S. durable goods orders below expectations
WASHINGTON, April 26 (Reuters) - Orders for long-lasting
U.S. manufactured goods rebounded less than expected in March as
demand for automobiles, computers and electrical goods slumped,
suggesting the downturn in the factory sector was far from over.
Read more
U.S. manufactured goods rebounded less than expected in March as
demand for automobiles, computers and electrical goods slumped,
suggesting the downturn in the factory sector was far from over.
Read more
RPT-UPDATE 2-Al Qaeda affiliate says it killed gay activist in Bangladesh
DHAKA, April 26 (Reuters) - A group affiliated to al Qaeda
claimed responsibility on Tuesday for killing a Bangladeshi gay
rights campaigner and his friend, the latest in a string of
murders of liberal activists and other minorities in the South
Asian nation.
Read more
claimed responsibility on Tuesday for killing a Bangladeshi gay
rights campaigner and his friend, the latest in a string of
murders of liberal activists and other minorities in the South
Asian nation.
Read more
GLOBAL MARKETS-Stocks, oil prices climb as investors ready for Fed, BOJ
LONDON, April 26 (Reuters) - World stocks climbed for the
first time in four days on Tuesday and a weaker dollar helped
oil prices gain as investors fine-tuned their expectations for
monetary policy meetings in the United States and Japan.
Read more
first time in four days on Tuesday and a weaker dollar helped
oil prices gain as investors fine-tuned their expectations for
monetary policy meetings in the United States and Japan.
Read more
UPDATE 2-P&G reports better-than-expected rise in profit
April 26 (Reuters) - Procter & Gamble Co, the maker
of Tide detergent and Gillette shaving products, reported a
better-than-expected rise in quarterly profit, boosted by
cost-cutting and higher selling prices.
Read more
of Tide detergent and Gillette shaving products, reported a
better-than-expected rise in quarterly profit, boosted by
cost-cutting and higher selling prices.
Read more
UK retailer Austin Reed enters administration
LONDON, April 26 (Reuters) - British fashion retailer Austin
Reed fell into administration on Tuesday, dealing another blow
to the UK retail sector a day after department store BHS also
sought creditor protection.
Read more
Reed fell into administration on Tuesday, dealing another blow
to the UK retail sector a day after department store BHS also
sought creditor protection.
Read more
UPDATE 1-Whirlpool posts lower than expected first-quarter profit
April 26 (Reuters) - Whirlpool Corp. on Tuesday
posted a lower than expected first-quarter net profit but kept
its previous 2016 outlook as it said cost and capacity
reductions were offset by soft demand in emerging markets and
unfavorable currency exchange rates.
Read more
posted a lower than expected first-quarter net profit but kept
its previous 2016 outlook as it said cost and capacity
reductions were offset by soft demand in emerging markets and
unfavorable currency exchange rates.
Read more
Costa Coffee owner Whitbread sticks to expansion plans as profit grows
April 26 (Reuters) - Whitbread Plc, an operator of
hotels, restaurants and coffee shops, stood by its expansion
plans in the UK and international markets, after posting a near
12 percent rise in full-year profit.
Read more
hotels, restaurants and coffee shops, stood by its expansion
plans in the UK and international markets, after posting a near
12 percent rise in full-year profit.
Read more
BUZZ-UK builders: easing Brexit concerns boost ahead of results
** UK housebuilders rally for a second
consecutive day as weakening odds for a Brexit vote tempts
investors back into a laggard sector
Read more
consecutive day as weakening odds for a Brexit vote tempts
investors back into a laggard sector
Read more
Ofgem fines ScottishPower 18 mln pounds over customer service failings
April 26 (Reuters) - Britain's energy market regulator Ofgem
said on Tuesday it had ordered energy supplier ScottishPower to
pay a fine of 18 million pounds ($26 million) for customer
service failings.
Read more
said on Tuesday it had ordered energy supplier ScottishPower to
pay a fine of 18 million pounds ($26 million) for customer
service failings.
Read more
Court orders Japan's Funai to pay Philips 135 mln euros over failed 2013 deal
AMSTERDAM, April 26 (Reuters) - Philips said on
Tuesday an arbitration court had ordered Japan's Funai Electric
to pay it 135 million euros ($152 million) over the
2013 collapse of a deal for the Japanese firm to buy a business
from the Dutch company.
Read more
Tuesday an arbitration court had ordered Japan's Funai Electric
to pay it 135 million euros ($152 million) over the
2013 collapse of a deal for the Japanese firm to buy a business
from the Dutch company.
Read more
Mitsubishi used non-compliant fuel economy data since 1991 - source
TOKYO, April 26 (Reuters) - Mitsubishi Motors Corp
used fuel economy testing methods that were not compliant with
Japanese regulations since 1991, earlier than the automaker has
stated, a source briefed on the issue told Reuters.
Read more
used fuel economy testing methods that were not compliant with
Japanese regulations since 1991, earlier than the automaker has
stated, a source briefed on the issue told Reuters.
Read more
Monday, April 25, 2016
Mitsubishi Motors used non-compliant mileage data since 1990s - Nikkei
TOKYO, April 26 (Reuters) - Mitsubishi Motors Corp
used fuel economy testing methods which were not compliant with
Japanese regulations since the 1990s, the Nikkei newspaper
reported on Tuesday, helping send its share price sliding 9
percent.
Read more
used fuel economy testing methods which were not compliant with
Japanese regulations since the 1990s, the Nikkei newspaper
reported on Tuesday, helping send its share price sliding 9
percent.
Read more
Japan transport minister: Mitsubishi Motors expected to submit data Tuesday
TOKYO, April 26 (Reuters) - Japan's transport minister said
he expects Mitsubishi Motors Corp to submit information
related to its falsification of fuel economy data on Tuesday,
within the deadline set by the ministry.
Read more
he expects Mitsubishi Motors Corp to submit information
related to its falsification of fuel economy data on Tuesday,
within the deadline set by the ministry.
Read more
SK Hynix says Q1 operating profit down 65 pct vs year earlier
SEOUL, April 26 (Reuters) - South Korean memory chip maker
SK Hynix Inc on Tuesday said its first-quarter
operating profit fell 65 percent from a year earlier to its
lowest in 3 years, hit by faltering demand for consumer
electronics.
Read more
SK Hynix Inc on Tuesday said its first-quarter
operating profit fell 65 percent from a year earlier to its
lowest in 3 years, hit by faltering demand for consumer
electronics.
Read more
UPDATE 3-U.S. approves Charter's Time Warner Cable buy with conditions
WASHINGTON, April 25 (Reuters) - The U.S. Justice Department
on Monday gave antitrust approval to Charter Communications
Inc's proposed purchase of Time Warner Cable Inc
and Bright House networks, which would create the
second-largest U.S. broadband provider and third-largest video
provider.
Read more
on Monday gave antitrust approval to Charter Communications
Inc's proposed purchase of Time Warner Cable Inc
and Bright House networks, which would create the
second-largest U.S. broadband provider and third-largest video
provider.
Read more
UPDATE 1-Facebook developing camera app similar to Snapchat - WSJ
April 25 (Reuters) - Facebook Inc is developing a
stand-alone camera app, similar to disappearing photo app
Snapchat, to increase user engagement, the Wall Street Journal
reported, citing people familiar with the matter.
Read more
stand-alone camera app, similar to disappearing photo app
Snapchat, to increase user engagement, the Wall Street Journal
reported, citing people familiar with the matter.
Read more
Chipotle's troubles might help Panera as both serve up reports
SAN FRANCISCO, April 25 (Reuters) - Wall Street expects
little from Chipotle Mexican Grill Inc's first-quarter
results late on Tuesday as the burrito chain struggles to
recover from a string of food-borne illness outbreaks. But its
loss might be rival Panera Bread Co's gain.
Read more
little from Chipotle Mexican Grill Inc's first-quarter
results late on Tuesday as the burrito chain struggles to
recover from a string of food-borne illness outbreaks. But its
loss might be rival Panera Bread Co's gain.
Read more
UPDATE 1-Gay rights activist killed in Bangladesh in suspected Islamist attack
DHAKA, April 25 (Reuters) - Suspected Islamist militants
hacked to death a leading gay rights activist and a friend in an
apartment in the Bangladeshi capital on Monday, police said.
Read more
hacked to death a leading gay rights activist and a friend in an
apartment in the Bangladeshi capital on Monday, police said.
Read more
US STOCKS-Wall St dragged down by oil, lackluster earnings
* Indexes down: S&P 0.61 pct, Nasdaq 0.47 pct, Dow 0.74 pct
(Adds details, changes comment, updates prices)
Read more
(Adds details, changes comment, updates prices)
Read more
Accountants, journalist face tax leaks trial in Luxembourg
LUXEMBOURG, April 25 (Reuters) - Two former employees of
accountancy giant PwC go on trial in Luxembourg on Tuesday along
with a French journalist, accused of leaking details of
corporate tax deals that have fuelled global demands for reform.
Read more
accountancy giant PwC go on trial in Luxembourg on Tuesday along
with a French journalist, accused of leaking details of
corporate tax deals that have fuelled global demands for reform.
Read more
Two people killed in Bangladesh in suspected Islamists attack
DHAKA, April 25 (Reuters) - Suspected Islamist militants
hacked to death two people, including an editor of a transgender
magazine, in the Bangladeshi capital on Monday, police said.
Read more
hacked to death two people, including an editor of a transgender
magazine, in the Bangladeshi capital on Monday, police said.
Read more
If Mitsubishi Motors needs help, group firms may look away
TOKYO, April 25 (Reuters) - A decade ago, Japanese automaker
Mitsubishi Motors survived a defect cover-up scandal
through a bail-out by other Mitsubishi Group companies. Now,
facing uncertainty and potential liabilities from a new scandal,
it may be on its own.
Read more
Mitsubishi Motors survived a defect cover-up scandal
through a bail-out by other Mitsubishi Group companies. Now,
facing uncertainty and potential liabilities from a new scandal,
it may be on its own.
Read more
FEATURE-Fashion's deadliest disaster prompts Bangladeshi workers to opt for university
NEW DELHI, April 25 (Thomson Reuters Foundation) - It was a
disaster which shook the global fashion industry - laying bare
the stark reality of the dangerous factory conditions faced by
millions of Bangladeshis who stitch the clothes sold in the
gleaming high street stores of the West.
Read more
disaster which shook the global fashion industry - laying bare
the stark reality of the dangerous factory conditions faced by
millions of Bangladeshis who stitch the clothes sold in the
gleaming high street stores of the West.
Read more
UPDATE 1-Airbus A320neo hit by hydraulic system problems
PARIS, April 25 (Reuters) - Airbus is facing a
second category of technical problems with some of its family of
A320neo aircraft on top of previously reported engine glitches
that have delayed deliveries of its latest medium-haul jet,
industry sources said on Monday.
Read more
second category of technical problems with some of its family of
A320neo aircraft on top of previously reported engine glitches
that have delayed deliveries of its latest medium-haul jet,
industry sources said on Monday.
Read more
UPDATE 1-UK retail group BHS goes into administration
LONDON, April 25 (Reuters) - British department stores group
BHS collapsed into administration on Monday, putting about
11,000 jobs at risk.
Read more
BHS collapsed into administration on Monday, putting about
11,000 jobs at risk.
Read more
UPDATE 1-Gannett offers to buy Tribune Publishing
April 25 (Reuters) - Gannett Co Inc, the publisher
of USA Today, said it offered to buy Tribune Publishing Co
but the publisher of the Los Angeles Times refused to
begin constructive talks.
Read more
of USA Today, said it offered to buy Tribune Publishing Co
but the publisher of the Los Angeles Times refused to
begin constructive talks.
Read more
UK retailer BHS placed into administration
LONDON, April 25 (Reuters) - British department stores group
BHS on Monday entered administration, a form of creditor
protection, putting about 11,000 jobs at risk.
Read more
BHS on Monday entered administration, a form of creditor
protection, putting about 11,000 jobs at risk.
Read more
European Investment Bank to lend 1 billion pounds for UK housing
LONDON, April 25 (Reuters) - The European Union's investment
arm is lending Britain 1 billion pounds ($1.4 billion) to help
build social housing, its largest ever support for such
programmes within Europe, it said on Monday.
Read more
arm is lending Britain 1 billion pounds ($1.4 billion) to help
build social housing, its largest ever support for such
programmes within Europe, it said on Monday.
Read more
RPT-Once a symbol of decline, Pennsylvania tests limits of Trump's appeal
BETHLEHEM, Pa., April 24 (Reuters) - With a rusting steel
mill in its center, this Pennsylvania city would seem fertile
ground for Donald Trump's campaign and its vision of a declining
America that only he can fix.
Read more
mill in its center, this Pennsylvania city would seem fertile
ground for Donald Trump's campaign and its vision of a declining
America that only he can fix.
Read more
UPDATE 1-Bulgarian competition watchdog raids OMV offices in fuel pricing probe
SOFIA, April 25 (Reuters) - Bulgaria's competition regulator
said on Monday it had raided the offices of the local subsidiary
of Austrian oil group OMV as part of its investigation
into possible cartel agreements.
Read more
said on Monday it had raided the offices of the local subsidiary
of Austrian oil group OMV as part of its investigation
into possible cartel agreements.
Read more
Nissan expects China's no-frills demand to accelerate sales growth
BEIJING, April 25 (Reuters) - Nissan Motor Co's
China sales will outpace the country's overall annual market
growth rate by two to three percentage points from next year as
it refocuses on its no-frills brand, a company executive said at
the Beijing autoshow.
Read more
China sales will outpace the country's overall annual market
growth rate by two to three percentage points from next year as
it refocuses on its no-frills brand, a company executive said at
the Beijing autoshow.
Read more
Nikkei snaps 4-day winning streak as investors cash in profits
TOKYO, April 25 (Reuters) - Japanese stocks fell on Monday
as investors cashed in profits from a four-day rally that last
week lifted the benchmark Nikkei index to an 11-1/2-week high
amid rising expectations of further central bank easing.
Read more
as investors cashed in profits from a four-day rally that last
week lifted the benchmark Nikkei index to an 11-1/2-week high
amid rising expectations of further central bank easing.
Read more
Iran sentences French-Iranian who returned to visit her sick mother
DUBAI, April 25 (Reuters) - A French-Iranian citizen who
left Iran in 2009 after facing espionage charges has been
sentenced to six years in jail following her return to the
country to visit her critically ill mother, an opposition
website reported.
Read more
left Iran in 2009 after facing espionage charges has been
sentenced to six years in jail following her return to the
country to visit her critically ill mother, an opposition
website reported.
Read more
Mercedes-Benz China sales to moderate in remainder of 2016 -country head
BEIJING, April 25 (Reuters) - Sales of Mercedes-Benz
vehicles in China will moderate over the remainder of 2016,
compared with a 39 percent year-on-year growth in the first
quarter, the brand's China head said on Monday.
Read more
vehicles in China will moderate over the remainder of 2016,
compared with a 39 percent year-on-year growth in the first
quarter, the brand's China head said on Monday.
Read more
Sunday, April 24, 2016
Peugeot expects around 7 pct growth for its China sales this year
BEIJING, April 25 (Reuters) - PSA Peugeot Citroen
expects to see approximately 7 percent growth for its China
vehicle sales this year, a company executive said on Monday on
the sidelines of Beijing autoshow.
Read more
expects to see approximately 7 percent growth for its China
vehicle sales this year, a company executive said on Monday on
the sidelines of Beijing autoshow.
Read more
Thai hard disk drive exporters see silver lining in cloud storage - for now
BANGKOK, April 25 (Reuters) - After more than two years of
riding high on growing demand for cloud data storage, Thailand's
hard disk drive exporters are bracing for a fall from grace.
Read more
riding high on growing demand for cloud data storage, Thailand's
hard disk drive exporters are bracing for a fall from grace.
Read more
China's auto market normalising: BMW global sales head
BEIJING, April 25 (Reuters) - China's auto market is
normalising and the normalisation trend seen in the country's
auto market in 2015 will continue this year, said Ian Robertson,
the global chief of sales and marketing at BMW.
Read more
normalising and the normalisation trend seen in the country's
auto market in 2015 will continue this year, said Ian Robertson,
the global chief of sales and marketing at BMW.
Read more
UPDATE 1-UK retailer BHS on brink of administration - sources
LONDON, April 24 (Reuters) - Struggling British department
stores group BHS is expected to go into administration, possibly
as early as Monday, two sources with knowledge of the company's
plans told Reuters on Sunday.
Read more
stores group BHS is expected to go into administration, possibly
as early as Monday, two sources with knowledge of the company's
plans told Reuters on Sunday.
Read more
INSIGHT-Taking on Tesla: China's Jia Yueting aims to outmuscle Musk
BEIJING/DETROIT, April 25 (Reuters) - Tomorrow's cars will
be all-electric, self-driving, connected to high-speed
communications networks ... and free.
Read more
be all-electric, self-driving, connected to high-speed
communications networks ... and free.
Read more
UPDATE 1-'Jungle Book' Rules Over 'The Huntsman: Winter's War'
LOS ANGELES (Variety.com) - Disney's "The Jungle Book"
showed serious traction at the North American box office,
dominating moviegoing for a second straight weekend with $60.8
million at 4,028 locations.
Read more
showed serious traction at the North American box office,
dominating moviegoing for a second straight weekend with $60.8
million at 4,028 locations.
Read more
Russia's Onexim denies talks to sell media, power generating assets
MOSCOW, April 24 (Reuters) - Russia's Onexim group, which
manages the assets of tycoon Mikhail Prokhorov, said on Sunday
that it was not in talks to sell its RBC media group and power
generating company Quadra.
Read more
manages the assets of tycoon Mikhail Prokhorov, said on Sunday
that it was not in talks to sell its RBC media group and power
generating company Quadra.
Read more
UK retailer BHS to go into administration - source with knowledge of plans
LONDON, April 24 (Reuters) - British department stores group
BHS is expected to go into administration, possibly as early as
Monday, a source with knowledge of the company's plans told
Reuters on Sunday.
Read more
BHS is expected to go into administration, possibly as early as
Monday, a source with knowledge of the company's plans told
Reuters on Sunday.
Read more
UPDATE 1-Dutch journalist who criticised Erdogan held in Turkey -official
ISTANBUL/AMSTERDAM, April 24 (Reuters) - A prominent Dutch
journalist has been detained by Turkish police while on holiday,
Dutch officials said on Sunday, a week after she criticised
President Tayyip Erdogan in print for clamping down on dissent.
Read more
journalist has been detained by Turkish police while on holiday,
Dutch officials said on Sunday, a week after she criticised
President Tayyip Erdogan in print for clamping down on dissent.
Read more
Once a symbol of decline, Pennsylvania tests limits of Trump's appeal
BETHLEHEM, Pa., April 24 (Reuters) - With a rusting steel
mill in its center, this Pennsylvania city would seem fertile
ground for Donald Trump's campaign and its vision of a declining
America that only he can fix.
Read more
mill in its center, this Pennsylvania city would seem fertile
ground for Donald Trump's campaign and its vision of a declining
America that only he can fix.
Read more
REPEAT-Disgruntled investors flex vote muscle on UK executive pay
LONDON, April 22 (Reuters) - Change the way you pay or risk
losing your jobs, corporate governance watchdogs have warned the
boards of Britain's top companies, as investors call for a
reality check on salaries.
Read more
losing your jobs, corporate governance watchdogs have warned the
boards of Britain's top companies, as investors call for a
reality check on salaries.
Read more
Mitsubishi Motors may skip earnings forecast due to data scandal -source
TOKYO, April 24 (Reuters) - Mitsubishi Motors Corp
is unlikely to issue an earnings forecast for the current
financial year when it announces annual results this week, due
to uncertainty about the financial impact of its misleading fuel
economy data, a person close to the company told Reuters on
Sunday.
Read more
is unlikely to issue an earnings forecast for the current
financial year when it announces annual results this week, due
to uncertainty about the financial impact of its misleading fuel
economy data, a person close to the company told Reuters on
Sunday.
Read more
Dutch journalist who criticised Erdogan detained in Turkey -official
ISTANBUL/AMSTERDAM, April 24 (Reuters) - A prominent Dutch
journalist has been detained by Turkish police, a Dutch official
said on Sunday, a week after she wrote a column published in the
Netherlands in which she criticised President Tayyip Erdogan for
his clampdown on dissent.
Read more
journalist has been detained by Turkish police, a Dutch official
said on Sunday, a week after she wrote a column published in the
Netherlands in which she criticised President Tayyip Erdogan for
his clampdown on dissent.
Read more
Toshiba in final talks on new president; Tsunakawa top candidate-source
TOKYO, April 24 (Reuters) - Japan's Toshiba Corp is
in final talks to replace President Masashi Muromachi, with
Senior Executive Vice President Satoshi Tsunakawa a leading
candidate as it aims to turn the scandal-hit firm back to
growth, a source told Reuters on Sunday.
Read more
in final talks to replace President Masashi Muromachi, with
Senior Executive Vice President Satoshi Tsunakawa a leading
candidate as it aims to turn the scandal-hit firm back to
growth, a source told Reuters on Sunday.
Read more
Beyonce releases surprise album "Lemonade" as much-anticipated TV special airs
April 23 (Reuters) - Beyonce cemented her status as the
queen of surprise releases on Saturday, releasing a completely
new album and videos called "Lemonade" via a widely anticipated
one-hour special on cable network HBO.
Read more
queen of surprise releases on Saturday, releasing a completely
new album and videos called "Lemonade" via a widely anticipated
one-hour special on cable network HBO.
Read more
UPDATE 1-Volkswagen positive of China sales, plans more investments with JV partners
* Prepared for any recalls in China on diesel-related issues
(Adds quote, plans for SUV and new energy vehicles)
Read more
(Adds quote, plans for SUV and new energy vehicles)
Read more
Saturday, April 23, 2016
REFILE-UPDATE 1-Post-Brexit UK-U.S. trade deal could take a decade, Obama tells BBC
LONDON, April 24 (Reuters) - A trade deal between Britain
and the United States could take five to 10 years to negotiate
if Britain votes to leave the European Union at a June 23
referendum, U.S. President Barack Obama told the BBC in an
interview broadcast on Sunday.
Read more
and the United States could take five to 10 years to negotiate
if Britain votes to leave the European Union at a June 23
referendum, U.S. President Barack Obama told the BBC in an
interview broadcast on Sunday.
Read more
Prince cremated; family, friends honor him at ceremony in Minnesota
CHANHASSEN, Minn., April 23 (Reuters) - Prince's remains
have been cremated and his family and friends attended a private
ceremony on Saturday to pay their respects to the late pop
superstar at the studio complex and home where he died in a
suburb of Minneapolis, a Prince spokeswoman said.
Read more
have been cremated and his family and friends attended a private
ceremony on Saturday to pay their respects to the late pop
superstar at the studio complex and home where he died in a
suburb of Minneapolis, a Prince spokeswoman said.
Read more
UPDATE 1-Prince cremated; family, friends honor him at ceremony in Minnesota
CHANHASSEN, Minn., April 23 (Reuters) - Prince's remains
have been cremated and his family and friends attended a private
ceremony on Saturday to pay their respects to the late pop
superstar at the studio complex where he died in a suburb of
Minneapolis, a Prince spokeswoman said.
Read more
have been cremated and his family and friends attended a private
ceremony on Saturday to pay their respects to the late pop
superstar at the studio complex where he died in a suburb of
Minneapolis, a Prince spokeswoman said.
Read more
Canada minister urges new media laws to boost local content -paper
TORONTO, April 23 (Reuters) - Canada's Liberal government is
prepared to overhaul the country's laws governing broadcasting,
media and cultural industries to support local content, Heritage
Minister Melanie Joly told the Globe and Mail in a report on
Saturday, announcing a new policy direction in what she called a
broken system.
Read more
prepared to overhaul the country's laws governing broadcasting,
media and cultural industries to support local content, Heritage
Minister Melanie Joly told the Globe and Mail in a report on
Saturday, announcing a new policy direction in what she called a
broken system.
Read more
Iran says Islamic State hatching plots against it from Raqqa
BEIRUT, April 23 (Reuters) - An Iranian minister said on
Saturday that Islamic State has been hatching "plots and
conspiracies" against Iran from its de facto capital Raqqa in
Syria and has made several attempts to send "terrorist teams"
into Iran.
Read more
Saturday that Islamic State has been hatching "plots and
conspiracies" against Iran from its de facto capital Raqqa in
Syria and has made several attempts to send "terrorist teams"
into Iran.
Read more
UPDATE 1-Let's not overreact to Panama Papers, many EU finmins warn
AMSTERDAM, April 23 (Reuters) - A European Commission plan
to publicly reveal tax and financial data of large companies
raised concerns among many European Union finance ministers who
on Saturday advised caution after the Panama Paper leaks.
Read more
to publicly reveal tax and financial data of large companies
raised concerns among many European Union finance ministers who
on Saturday advised caution after the Panama Paper leaks.
Read more
UPDATE 1-Obama takes in Hamlet as Britain celebrates Shakespeare's 400th anniversary
LONDON/STRATFORD-UPON-AVON, England, April 23 (Reuters) -
U .S. President Barack Obama marked the 400th anniversary of
Shakespeare's death on Saturday by visiting the Globe theatre in
London for a performance of a scene from Hamlet, where the
Danish prince poses the question: "To be or not to be".
Read more
U .S. President Barack Obama marked the 400th anniversary of
Shakespeare's death on Saturday by visiting the Globe theatre in
London for a performance of a scene from Hamlet, where the
Danish prince poses the question: "To be or not to be".
Read more
Norway hotel, restaurant employees to go on strike
OSLO, April 23 (Reuters) - About 3,500 employees at
Norwegian hotels and restaurants will go on strike from Sunday
morning after wage talks with employers failed, the LO
confederation of trade unions said on Saturday.
Read more
Norwegian hotels and restaurants will go on strike from Sunday
morning after wage talks with employers failed, the LO
confederation of trade unions said on Saturday.
Read more
Obama takes in Hamlet at the Globe on Shakespeare's 400th anniversary
LONDON, April 23 (Reuters) - U.S. President Barack Obama
marked the 400th anniversary of Shakespeare's death on Saturday
by visiting the Globe theatre for a 10-minute performance of a
scene from Hamlet, where the Danish prince poses the question:
"To be or not to be".
Read more
marked the 400th anniversary of Shakespeare's death on Saturday
by visiting the Globe theatre for a 10-minute performance of a
scene from Hamlet, where the Danish prince poses the question:
"To be or not to be".
Read more
China regulator reprimands 15 publishers for false reports - Xinhua
SHANGHAI, April 23 (Reuters) - China's media regulator has
said it has uncovered false reports at 15 domestic news
organizations, the official Xinhua news agency reported.
Read more
said it has uncovered false reports at 15 domestic news
organizations, the official Xinhua news agency reported.
Read more
Let's not overreact to Panama Papers, some EU finmins warn
AMSTERDAM, April 23 (Reuters) - A European Commission plan
to publicly reveal tax and financial data of large companies
raised concerns among some European Union finance ministers who
on Saturday advised caution after the Panama Paper leaks.
Read more
to publicly reveal tax and financial data of large companies
raised concerns among some European Union finance ministers who
on Saturday advised caution after the Panama Paper leaks.
Read more
UPDATE 2-U.S. drops N.Y. fight with Apple after gaining access to iPhone
NEW YORK, April 22 (Reuters) - The U.S. Justice Department
on Friday dropped its effort to force Apple Inc to help
unlock an iPhone in a drug case in New York after someone
provided authorities the passcode to access the device.
Read more
on Friday dropped its effort to force Apple Inc to help
unlock an iPhone in a drug case in New York after someone
provided authorities the passcode to access the device.
Read more
Friday, April 22, 2016
Look Mao, no hands! China's roadmap to self-driving cars
BEIJING, April 23 (Reuters) - In the race to develop
self-driving cars, the United States and Europe lead in
technology, but China is coming up fast in the outside lane with
a regulatory structure that could put it ahead in the popular
adoption of autonomous cars on its highways and city streets.
Read more
self-driving cars, the United States and Europe lead in
technology, but China is coming up fast in the outside lane with
a regulatory structure that could put it ahead in the popular
adoption of autonomous cars on its highways and city streets.
Read more
UPDATE 2-Will Prince's control of his music extend from the grave?
LOS ANGELES, April 22 (Reuters) - The late pop star Prince
was known in life as an artist fiercely protective of his
intellectual property, but how much others may profit from his
legacy, including a large body of unreleased songs, hinges on
how astute he was in arranging for control of his music after
death.
Read more
was known in life as an artist fiercely protective of his
intellectual property, but how much others may profit from his
legacy, including a large body of unreleased songs, hinges on
how astute he was in arranging for control of his music after
death.
Read more
U.S. drops N.Y. fight with Apple after gaining access to iPhone
NEW YORK, April 22 (Reuters) - The U.S. Justice Department
on Friday dropped its effort to force Apple Inc to help
unlock an iPhone in a drug case in New York after someone
provided authorities the passcode to access the device.
Read more
on Friday dropped its effort to force Apple Inc to help
unlock an iPhone in a drug case in New York after someone
provided authorities the passcode to access the device.
Read more
Bankruptcy judge puts off decision on SunEdison independent examiner
NEW YORK, April 22 (Reuters) - A U.S. bankruptcy judge on
Friday put off making a decision on SunEdison Inc's
request for an independent examiner at the company's first day
in court.
Read more
Friday put off making a decision on SunEdison Inc's
request for an independent examiner at the company's first day
in court.
Read more
China ban on Apple services is a challenge for key growth area
April 22 (Reuters) - The blocking of Apple mobile
entertainment services in China poses fresh challenges for the
tech company as it prepares to report its first-ever drop in
iPhone sales.
Read more
entertainment services in China poses fresh challenges for the
tech company as it prepares to report its first-ever drop in
iPhone sales.
Read more
Burkina Faso 2015/16 cotton output down 18 pct on poor weather
OUAGADOUGOU, April 22 (Reuters) - Burkina Faso produced
581,000 tonnes of raw cotton in the recently ended 2015/16
season, down 18 percent from the previous harvest and well short
of its aim of a record crop of 800,000 tonnes, the national
cotton association said on Friday.
Read more
581,000 tonnes of raw cotton in the recently ended 2015/16
season, down 18 percent from the previous harvest and well short
of its aim of a record crop of 800,000 tonnes, the national
cotton association said on Friday.
Read more
CORRECTED-U.S. business borrowing for equipment falls in March - ELFA
April 22 (Reuters) - Borrowing by U.S. companies to spend on
capital investment declined 11 percent in March from a year
earlier, trade association Equipment Leasing and Finance
Association (ELFA) said.
Read more
capital investment declined 11 percent in March from a year
earlier, trade association Equipment Leasing and Finance
Association (ELFA) said.
Read more
CORRECTED-Disgruntled investors flex vote muscle on UK executive pay
LONDON, April 22 (Reuters) - Change the way you pay or risk
losing your jobs, corporate governance watchdogs have warned the
boards of Britain's top companies, as investors call for a
reality check on salaries.
Read more
losing your jobs, corporate governance watchdogs have warned the
boards of Britain's top companies, as investors call for a
reality check on salaries.
Read more
U.S. probes toy jewelry kits linked to high lead levels
April 22 (Reuters) - The top U.S. consumer product safety
regulator is reviewing whether to recall widely sold toy
jewelry-making kits after a New York state probe determined that
the products contain dangerously high levels of lead.
Read more
regulator is reviewing whether to recall widely sold toy
jewelry-making kits after a New York state probe determined that
the products contain dangerously high levels of lead.
Read more
Spy chief pressed for number of Americans ensnared in data espionage
WASHINGTON, April 22 (Reuters) - U.S. lawmakers are pressing
the nation's top intelligence official to estimate the number of
Americans ensnared in email surveillance and other such spying
on foreign targets, saying the information was needed to gauge
possible reforms to the controversial programs.
Read more
the nation's top intelligence official to estimate the number of
Americans ensnared in email surveillance and other such spying
on foreign targets, saying the information was needed to gauge
possible reforms to the controversial programs.
Read more
UPDATE 2-GM to temporarily idle four North American auto plants
April 22 (Reuters) - General Motors said on Friday it
will close four North American plants, which primarily make cars
rather than SUVs or trucks, for two weeks because of a parts
shortage following the earthquake this month in Japan.
Read more
will close four North American plants, which primarily make cars
rather than SUVs or trucks, for two weeks because of a parts
shortage following the earthquake this month in Japan.
Read more
UPDATE 1-GM CEO Barra's compensation $28 million for 2015, up 72 pct
DETROIT, April 22 (Reuters) - General Motors Co Chief
Executive Mary Barra's compensation for 2015 rose 72 percent
from the prior year to $28 million as she guided the company to
record profits, the company said on Friday.
Read more
Executive Mary Barra's compensation for 2015 rose 72 percent
from the prior year to $28 million as she guided the company to
record profits, the company said on Friday.
Read more
UK's Cameron says now is the time to stick with EU and other allies
LONDON, April 22 (Reuters) - British Prime David Cameron
said on Friday Britain should stick with its allies in Europe
and around the world and that their collective power was only
amplified by the European Union
Read more
said on Friday Britain should stick with its allies in Europe
and around the world and that their collective power was only
amplified by the European Union
Read more
WRAPUP 3-Volkswagen takes $18 billion hit over emissions scandal
WOLFSBURG/FRANKFURT, April 22 (Reuters) - Volkswagen (VW)
said on Friday it would take a 16.2-billion-euro ($18.2 billion)
hit to its 2015 results and slash its dividend to help pay for
its emissions-test cheating scandal.
Read more
said on Friday it would take a 16.2-billion-euro ($18.2 billion)
hit to its 2015 results and slash its dividend to help pay for
its emissions-test cheating scandal.
Read more
Microsoft, Google agree to drop complaints against each other
April 22 (Reuters) - Microsoft Corp and Alphabet
Inc's Google have reached a deal to withdraw all the
regulatory complaints against each other, the companies told
Reuters.
Read more
Inc's Google have reached a deal to withdraw all the
regulatory complaints against each other, the companies told
Reuters.
Read more
UPDATE 1-Authorities conduct autopsy on U.S. music legend Prince
April 22 (Reuters) - Authorities in Minnesota were
conducting an autopsy on Friday on U.S. music superstar Prince
as distraught fans mourned the influential and genre-busting
performer who was found dead in his home a day earlier at the
age of 57.
Read more
conducting an autopsy on Friday on U.S. music superstar Prince
as distraught fans mourned the influential and genre-busting
performer who was found dead in his home a day earlier at the
age of 57.
Read more
Volkswagen cannot yet estimate total cost of diesel scandal - CEO
WOLFSBURG, Germany, April 22 (Reuters) - Volkswagen
is not yet able to put a figure on the total cost of
cleaning up the diesel emissions cheating scandal until a final
deal is struck with authorities in the United States, Chief
Executive Matthias Mueller said on Friday.
Read more
is not yet able to put a figure on the total cost of
cleaning up the diesel emissions cheating scandal until a final
deal is struck with authorities in the United States, Chief
Executive Matthias Mueller said on Friday.
Read more
European shares weighed down by carmakers
* Peugeot down after raid by investigators
(ADVISORY- Reuters plans to replace intra-day European and UK
stock market reports with a Live Markets blog on Eikon (see cpurl://apps.cp./cms/?pageId=livemarkets
for site in development). Adds details, updates prices)
Read more
(ADVISORY- Reuters plans to replace intra-day European and UK
stock market reports with a Live Markets blog on Eikon (see cpurl://apps.cp./cms/?pageId=livemarkets
for site in development). Adds details, updates prices)
Read more
Broadcasters expel Romania from Eurovision over state TV debts
BUCHAREST, April 22 (Reuters) - Romania was kicked out of
the Eurovision Song Contest on Friday over failing to pay debts
by the national television station TVR, the European
Broadcasting Union (EBU) said, an unprecedented move in the
kitsch-laden show's history.
Read more
the Eurovision Song Contest on Friday over failing to pay debts
by the national television station TVR, the European
Broadcasting Union (EBU) said, an unprecedented move in the
kitsch-laden show's history.
Read more
UPDATE 2-Interpublic's revenue beats on U.S. ad business strength
April 22 (Reuters) - Advertising company Interpublic Group
of Companies Inc reported better-than-expected quarterly
revenue as businesses in the United States boosted advertising
budgets, helping soothe the impact of a strong dollar on
overseas sales.
Read more
of Companies Inc reported better-than-expected quarterly
revenue as businesses in the United States boosted advertising
budgets, helping soothe the impact of a strong dollar on
overseas sales.
Read more
German states urge media groups to hand over Panama Papers to prosecutors
BERLIN, April 22 (Reuters) - Germany's federal states
appealed to media outlets on Friday to let prosecutors examine
the full detail of the Panama Papers that revealed how offshore
firms are used to stash the wealth of the world's rich and
powerful.
Read more
appealed to media outlets on Friday to let prosecutors examine
the full detail of the Panama Papers that revealed how offshore
firms are used to stash the wealth of the world's rich and
powerful.
Read more
McDonald's U.S. comparable sales growth beats estimates
April 22 (Reuters) - McDonald's Corp reported a
higher-than-expected rise in comparable sales at its U.S.
restaurants as its all-day breakfast offerings brought in more
customers.
Read more
higher-than-expected rise in comparable sales at its U.S.
restaurants as its all-day breakfast offerings brought in more
customers.
Read more
U.S. auto dealer AutoNation's quarterly profit falls 14 pct
April 22 (Reuters) - AutoNation Inc, the largest U.S.
auto dealership chain, reported a 14 percent fall in quarterly
profit as costs rose.
Read more
auto dealership chain, reported a 14 percent fall in quarterly
profit as costs rose.
Read more
Cuba to lift cruise ship ban for citizens, clears way for Carnival voyage
HAVANA, April 22 (Reuters) - Cuba on Friday said it would
lift a ban on Cubans and Cuban-Americans entering and leaving
the Caribbean island by commercial vessels, opening the way for
cruise operator Carnival Corp to set sail for the
country next week.
Read more
lift a ban on Cubans and Cuban-Americans entering and leaving
the Caribbean island by commercial vessels, opening the way for
cruise operator Carnival Corp to set sail for the
country next week.
Read more
German carmakers to recall 630,000 cars to fix emissions - govt official
BERLIN, April 22 (Reuters) - German car manufacturers will
recall 630,000 Porsche, Volkswagen Opel, Audi and Mercedes
vehicles to fix diesel emissions management software, a German
government official said on Friday, widening a clampdown on
pollution in the wake of the Volkswagen scandal.
Read more
recall 630,000 Porsche, Volkswagen Opel, Audi and Mercedes
vehicles to fix diesel emissions management software, a German
government official said on Friday, widening a clampdown on
pollution in the wake of the Volkswagen scandal.
Read more
UPDATE 1-Paramount offers EU concessions in Sky geoblocking case
BRUSSELS, April 22 (Reuters) - Paramount Pictures has
offered the EU antitrust regulator concessions in a landmark
case over geographical restrictions on movie licensing deals
between British broadcaster Sky UK and six U.S.
studios, the European Commission said on Friday.
Read more
offered the EU antitrust regulator concessions in a landmark
case over geographical restrictions on movie licensing deals
between British broadcaster Sky UK and six U.S.
studios, the European Commission said on Friday.
Read more
UPDATE 1-Permira considers IPO for Japan sushi chain Akindo Sushiro -sources
* Market grew 7.2 pct to 560 bln yen in 2015 -researcher
(Adds details on company and industry)
Read more
(Adds details on company and industry)
Read more
Paramount offers EU concessions in Sky geoblocking case
BRUSSELS, April 22 (Reuters) - Paramount Pictures, a unit of
Viacom, has offered the EU antitrust regulator concessions in a
landmark case over geographical restrictions on movie licensing
deals between British broadcaster Sky UK and six U.S. studios,
the European Commission said on Friday.
(Reporting by Alastair Macdonald; Editing by Gabriela
Baczynska)
Read more
Viacom, has offered the EU antitrust regulator concessions in a
landmark case over geographical restrictions on movie licensing
deals between British broadcaster Sky UK and six U.S. studios,
the European Commission said on Friday.
(Reporting by Alastair Macdonald; Editing by Gabriela
Baczynska)
Read more
UPDATE 2-Lufthansa seeks deal with Thomas Cook's Condor - sources
FRANKFURT, April 22 (Reuters) - Lufthansa is
seeking a partnership with, or a complete takeover, of holiday
airline Condor to further expand its low-cost Eurowings
business, three people familiar with the matter told Reuters.
Read more
seeking a partnership with, or a complete takeover, of holiday
airline Condor to further expand its low-cost Eurowings
business, three people familiar with the matter told Reuters.
Read more
Australia university ousts Chinese academic amid cries of Beijing interference
SYDNEY, April 22 (Reuters) - A China-born academic has been
forced out of a leading Australian university for posting online
politically charged remarks about his countrymen, re-igniting
accusations Beijing is using its presence inside global campuses
to exert soft power.
Read more
forced out of a leading Australian university for posting online
politically charged remarks about his countrymen, re-igniting
accusations Beijing is using its presence inside global campuses
to exert soft power.
Read more
VW hikes emissions provisions to 16-17 bln euros -source
BERLIN, April 22 (Reuters) - Volkswagen is
hiking its provisions to pay for an emissions cheating scandal
to between 16 billion and 17 billion euros ($18.1-19.2 billion)
from currently 6.7 billion euros, a person familiar with the
matter told Reuters on Friday.
Read more
hiking its provisions to pay for an emissions cheating scandal
to between 16 billion and 17 billion euros ($18.1-19.2 billion)
from currently 6.7 billion euros, a person familiar with the
matter told Reuters on Friday.
Read more
Thursday, April 21, 2016
Turkish court remands executive in custody over Gulen links - media
ISTANBUL, April 22 (Reuters) - A Turkish court remanded
seven people in custody pending trial, including an executive of
a major construction company, accused of funding the movement of
President Tayyip Erdogan's foe, Muslim cleric Fethullah Gulen,
state media said on Friday.
Read more
seven people in custody pending trial, including an executive of
a major construction company, accused of funding the movement of
President Tayyip Erdogan's foe, Muslim cleric Fethullah Gulen,
state media said on Friday.
Read more
In Asia, Netflix trips on regulation, content, and competition
SEOUL/JAKARTA, April 22 (Reuters) - Months after its global
rollout, Netflix Inc is facing problems in several
major Asian markets as it struggles to provide enough strong
content to attract consumers amid tough local competition, and
also faces many regulatory hurdles, underlining concerns about
disappointing subscriber numbers reported this week.
Read more
rollout, Netflix Inc is facing problems in several
major Asian markets as it struggles to provide enough strong
content to attract consumers amid tough local competition, and
also faces many regulatory hurdles, underlining concerns about
disappointing subscriber numbers reported this week.
Read more
Apple's book, film services go dark in China
BEIJING, April 22 (Reuters) - Apple Inc's online
book and film services have gone dark in China, after Beijing
introduced regulations in March imposing strict curbs on online
publishing, particularly for foreign firms.
Read more
book and film services have gone dark in China, after Beijing
introduced regulations in March imposing strict curbs on online
publishing, particularly for foreign firms.
Read more
UPDATE 2-Social media explodes as Prince tributes mark death of music icon
April 21 (Reuters) - The sudden death of music legend Prince
sent shockwaves through social media on Thursday, as masses of
Twitter users flooded the site to express their heart-felt
emotions.
Read more
sent shockwaves through social media on Thursday, as masses of
Twitter users flooded the site to express their heart-felt
emotions.
Read more
UPDATE 3-Microsoft revenue, profit misses estimates
April 21 (Reuters) - Microsoft Corp reported
results that fell short of analysts' expectations, showing its
high-profile cloud business cannot quite make up for a slowing
personal-computer market.
Read more
results that fell short of analysts' expectations, showing its
high-profile cloud business cannot quite make up for a slowing
personal-computer market.
Read more
Buyers won't have to pay back govt subsidies for any Mitsubishi cars -Jiji
TOKYO, April 22 (Reuters) - Car buyers will not have to pay
back Japanese government subsidies for any Mitsubishi Motors
Corp vehicles that may fall outside the fuel economy
subsidies bracket, Jiji news agency quoted Internal Affairs
Minister Sanae Takaichi as saying.
Read more
back Japanese government subsidies for any Mitsubishi Motors
Corp vehicles that may fall outside the fuel economy
subsidies bracket, Jiji news agency quoted Internal Affairs
Minister Sanae Takaichi as saying.
Read more
Japan transport min wants Mitsubishi to consider buying back cars -Kyodo
TOKYO, April 22 (Reuters) - Japanese Transport Minister
Keiichi Ishii said on Friday he wanted Mitsubishi Motors Corp
to respond "with integrity" after revelations that it
cheated on test to measure fuel economy, including by possibly
buying back the cars in question, Kyodo news reported.
Read more
Keiichi Ishii said on Friday he wanted Mitsubishi Motors Corp
to respond "with integrity" after revelations that it
cheated on test to measure fuel economy, including by possibly
buying back the cars in question, Kyodo news reported.
Read more
UPDATE 1-Mitsubishi Motors manipulated mileage data on electric car -Sankei
TOKYO, April 22 (Reuters) - Mitsubishi Motors Corp
manipulated fuel economy data on an additional model other than
vehicles already disclosed and may have also misstated data on
four other models, the Sankei newspaper reported on Friday.
Read more
manipulated fuel economy data on an additional model other than
vehicles already disclosed and may have also misstated data on
four other models, the Sankei newspaper reported on Friday.
Read more
UPDATE 5-Solar developer SunEdison in bankruptcy as aggressive growth plan unravels
April 21 (Reuters) - SunEdison Inc, once the
fastest-growing U.S. renewable energy company, filed for Chapter
11 bankruptcy protection on Thursday after a short-lived but
aggressive binge of debt-fueled acquisitions proved
unsustainable.
Read more
fastest-growing U.S. renewable energy company, filed for Chapter
11 bankruptcy protection on Thursday after a short-lived but
aggressive binge of debt-fueled acquisitions proved
unsustainable.
Read more
REFILE-UPDATE 2-Google's parent Alphabet misses Wall Street view
April 21 (Reuters) - Google's parent Alphabet Inc
missed Wall Street targets for first-quarter profit and revenue
on Thursday, driving shares of the Web search company down more
than 4 percent in late trading on Thursday.
Read more
missed Wall Street targets for first-quarter profit and revenue
on Thursday, driving shares of the Web search company down more
than 4 percent in late trading on Thursday.
Read more
Journalists will not share Panama Papers with U.S. Justice Dept
WASHINGTON, April 21 (Reuters) - The media group that
coordinated the Panama Papers investigation into offshore
companies said on Thursday it would not participate in a
criminal probe by the U.S. Department of Justice.
Read more
coordinated the Panama Papers investigation into offshore
companies said on Thursday it would not participate in a
criminal probe by the U.S. Department of Justice.
Read more
European drivers bristle as VW reaches U.S. diesel deal
FRANKFURT/LONDON, April 21 (Reuters) - European owners of
Volkswagen cars read the details of a deal to
compensate U.S. drivers for the diesel emissions scandal with
frustration as their wait for settlement enters its eighth
month.
Read more
Volkswagen cars read the details of a deal to
compensate U.S. drivers for the diesel emissions scandal with
frustration as their wait for settlement enters its eighth
month.
Read more
UPDATE 2-Viacom shares soar after deal to renew Dish contract
April 21 (Reuters) - Viacom Inc said on Thursday it
has renewed a multiyear distribution contract with satellite TV
provider Dish Network Corp, lifting the media company's
shares over 11 percent.
Read more
has renewed a multiyear distribution contract with satellite TV
provider Dish Network Corp, lifting the media company's
shares over 11 percent.
Read more
UPDATE 1-Aeropostale preparing for bankruptcy as soon as this month - Bbg
April 21 (Reuters) - Struggling teen apparel retailer
Aeropostale Inc is preparing to file for bankruptcy as
soon as this month, Bloomberg reported, citing people familiar
with the matter.
Read more
Aeropostale Inc is preparing to file for bankruptcy as
soon as this month, Bloomberg reported, citing people familiar
with the matter.
Read more
VW, Justice Department reach diesel emissions deal
April 21 (Reuters) - Volkswagen AG and the Justice
Department reached a deal in principle to address excess diesel
emissions in nearly 600,000 polluting vehicles that will include
buyback offers and a possible fix, a federal judge said
Thursday.
Read more
Department reached a deal in principle to address excess diesel
emissions in nearly 600,000 polluting vehicles that will include
buyback offers and a possible fix, a federal judge said
Thursday.
Read more
UPDATE 1-PulteGroup CEO says will stay on until retirement in May 2017
April 21 (Reuters) - PulteGroup Inc Chief Executive
Richard Dugas reiterated that he planned to remain on the job
until he retires in May 2017, resisting pressure from the
company's founder that he resign immediately.
Read more
Richard Dugas reiterated that he planned to remain on the job
until he retires in May 2017, resisting pressure from the
company's founder that he resign immediately.
Read more
MIDEAST STOCKS-Oil-linked stocks lift Saudi but retailers slump; Gulf firms
DUBAI, April 21 (Reuters) - Petrochemical shares helped buoy
Riyadh's stock index on Thursday, but some domestic-focused
shares fell after earnings missed estimates, while other Gulf
stock markets ended the week on a high note ahead of quarterly
results.
Read more
Riyadh's stock index on Thursday, but some domestic-focused
shares fell after earnings missed estimates, while other Gulf
stock markets ended the week on a high note ahead of quarterly
results.
Read more
UPDATE 2-GM earnings beat estimates on strength in North America
DETROIT, April 21 (Reuters) - General Motors Co on Thursday
reported higher-than-expected quarterly earnings, citing strong
results in North America and an improved performance in Europe.
Read more
reported higher-than-expected quarterly earnings, citing strong
results in North America and an improved performance in Europe.
Read more
PulteGroup CEO says will stay on until retirement in May 2017
April 21 (Reuters) - PulteGroup Inc Chief Executive
Richard Dugas said he would remain on the job until he retires
in May 2017, resisting pressure from the company's founder that
he resign immediately.
Read more
Richard Dugas said he would remain on the job until he retires
in May 2017, resisting pressure from the company's founder that
he resign immediately.
Read more
Verizon's quarterly revenue rises 0.6 percent
April 21 (Reuters) - Verizon Communication Inc
reported 0.6 percent rise in total operating revenue as heavy
promotions helped the No. 1 U.S. wireless carrier attract more
postpaid subscribers.
Read more
reported 0.6 percent rise in total operating revenue as heavy
promotions helped the No. 1 U.S. wireless carrier attract more
postpaid subscribers.
Read more
Opera browser, sought by Chinese buyers, embeds anti-censorship tool
BEIJING, April 21 (Reuters) - Norwegian online browser and
advertising firm Opera Software ASA has embedded a tool aimed at
circumventing censorship into its latest desktop app,
potentially complicating a bid for the company by a consortium
from China, which censors the Internet.
Read more
advertising firm Opera Software ASA has embedded a tool aimed at
circumventing censorship into its latest desktop app,
potentially complicating a bid for the company by a consortium
from China, which censors the Internet.
Read more
UK supermarket Asda teams up with Umbro
LONDON, April 21 (Reuters) - Struggling British supermarket
Asda has struck a deal with sports brand Umbro to sell
accessories, clothing and footwear, as it seeks new revenue
streams to revive its fortunes.
Read more
Asda has struck a deal with sports brand Umbro to sell
accessories, clothing and footwear, as it seeks new revenue
streams to revive its fortunes.
Read more
RPT-Lyft's nice-guy strategy leaves it struggling to catch Uber
SAN FRANCISCO, April 21 (Reuters) - In late 2014, Uber and
Lyft targeted Portland, Oregon, as the next place to launch
their still-controversial ride-hailing services.
Read more
Lyft targeted Portland, Oregon, as the next place to launch
their still-controversial ride-hailing services.
Read more
D.R. Horton profit boosted by higher home sales
April 21 (Reuters) - D.R. Horton Inc, the largest
U.S. homebuilder, reported a 32 percent rise in quarterly profit
as it sold more homes.
Read more
U.S. homebuilder, reported a 32 percent rise in quarterly profit
as it sold more homes.
Read more
UPDATE 1-D.R. Horton profit beats on higher home sales
April 21 (Reuters) - D.R. Horton Inc, the largest
U.S. homebuilder, reported a better-than-expected quarterly
profit as it sold more homes, and said the all-important spring
selling season was off to a "great" start.
Read more
U.S. homebuilder, reported a better-than-expected quarterly
profit as it sold more homes, and said the all-important spring
selling season was off to a "great" start.
Read more
Tesla CEO Musk: almost 400,000 orders received for new Model 3
OSLO, April 21 (Reuters) - Electric car manufacturer Tesla
Motors has received almost 400,000 orders for its
latest car, the model 3 sedan, its CEO said on Thursday.
Read more
Motors has received almost 400,000 orders for its
latest car, the model 3 sedan, its CEO said on Thursday.
Read more
Lyft's nice-guy strategy leaves it struggling to catch Uber
SAN FRANCISCO, April 21 (Reuters) - In late 2014, Uber and
Lyft targeted Portland, Oregon, as the next place to launch
their still-controversial ride-hailing services.
Read more
Lyft targeted Portland, Oregon, as the next place to launch
their still-controversial ride-hailing services.
Read more
Sony cuts FY2015 profit estimate on weaker camera modules demand
TOKYO, April 21 (Reuters) - Japanese electronics firm Sony
Corp cut its profit estimate for the financial year
that ended in March, citing weaker demand for its camera
modules used in smartphones.
Read more
Corp cut its profit estimate for the financial year
that ended in March, citing weaker demand for its camera
modules used in smartphones.
Read more
Wednesday, April 20, 2016
Sanders raises more cash but Clinton makes campaign dollars go further
WASHINGTON/NEW YORK April 21 - Democratic presidential
front-runner Hillary Clinton has spent about $15 per vote so far
in the race for the party's nomination, less than her rival
Bernie Sanders, who spent $22, according to campaign finance
reports filed on Wednesday.
Read more
front-runner Hillary Clinton has spent about $15 per vote so far
in the race for the party's nomination, less than her rival
Bernie Sanders, who spent $22, according to campaign finance
reports filed on Wednesday.
Read more
UPDATE 1-Australia PM launches cybersecurity campaign
SYDNEY, April 21 (Reuters) - Australia set out a
far-reaching cybersecurity strategy on Thursday, invoking the
leaks of United States whistleblower Edward Snowden, terrorism
and even the threat of war to push for a coordinated global
approach to protection of online data.
Read more
far-reaching cybersecurity strategy on Thursday, invoking the
leaks of United States whistleblower Edward Snowden, terrorism
and even the threat of war to push for a coordinated global
approach to protection of online data.
Read more
UPDATE 1-Mitsubishi Motors shares indicated below record low after cheating on mileage
* Earnings impact likely to be "substantial" - JPMorgan
(Updates share information, adds analyst comment)
Read more
(Updates share information, adds analyst comment)
Read more
Alibaba's Ma pledges not to interfere in SCMP editorial independence
SHANGHAI, April 21 (Reuters) - The new boss of Hong Kong's
South China Morning Post, Jack Ma, has promised not to interfere
in editorial decisions, in an apparent bid to assuage concerns
about the paper's independence under his e-commerce giant
Alibaba Group Holding Ltd.
Read more
South China Morning Post, Jack Ma, has promised not to interfere
in editorial decisions, in an apparent bid to assuage concerns
about the paper's independence under his e-commerce giant
Alibaba Group Holding Ltd.
Read more
ESPN fires Curt Schilling after anti-transgender comments
April 20 (Reuters) - Sports network ESPN fired former baseball player Curt Schilling after reports of recent anti-transgender comments on social media.
Read more
Read more
RPT-For Thailand, a portrait is crucial to preparations for succession
BANGKOK, April 21 (Reuters) - Look around anywhere in
Thailand and chances are you will see a portrait of King
Bhumibol Adulyadej displayed in offices, schools, banks or on
the front of government buildings.
Read more
Thailand and chances are you will see a portrait of King
Bhumibol Adulyadej displayed in offices, schools, banks or on
the front of government buildings.
Read more
Adele tops young musicians' Rich List after success of "25" album
LONDON, April 21 (Reuters) - Adele's best-selling album "25"
added 30 million pounds ($43 million) to the London-born
singer's fortune, putting her top of the Sunday Times
newspaper's Young Musicians 2016 rich list for performers under
30.
Read more
added 30 million pounds ($43 million) to the London-born
singer's fortune, putting her top of the Sunday Times
newspaper's Young Musicians 2016 rich list for performers under
30.
Read more
UPDATE 2-Judge denies Redstone granddaughter's bid to join competency suit
LOS ANGELES, April 20 (Reuters) - A California judge on
Wednesday rejected a bid by Sumner Redstone's granddaughter to
join the media mogul's former girlfriend in a lawsuit that
challenges the 92-year-old billionaire's mental competency.
Read more
Wednesday rejected a bid by Sumner Redstone's granddaughter to
join the media mogul's former girlfriend in a lawsuit that
challenges the 92-year-old billionaire's mental competency.
Read more
UPDATE 3-Yum sales jump in China in first quarter, boosted by KFC
April 20 (Reuters) - Yum Brands Inc's China sales
accelerated faster than Wall Street expected in the first
quarter, helped by Chinese New Year KFC chicken bucket
promotions, marking an auspicious start to a year in which the
company plans to spin off its China unit.
Read more
accelerated faster than Wall Street expected in the first
quarter, helped by Chinese New Year KFC chicken bucket
promotions, marking an auspicious start to a year in which the
company plans to spin off its China unit.
Read more
Apple delays quarterly report by a day due to memorial service
April 20 (Reuters) - Apple said on Wednesday that it would
delay its fiscal second-quarter earnings report by a day to
April 26 due to a memorial service for a former board member.
Read more
delay its fiscal second-quarter earnings report by a day to
April 26 due to a memorial service for a former board member.
Read more
UPDATE 1-Mattel reports bigger-than-expected loss; shares slide
April 20 (Reuters) - Toymaker Mattel Inc reported a
bigger-than-expected quarterly loss, largely due to weak sales
in its Monster High and American Girl brands.
Read more
bigger-than-expected quarterly loss, largely due to weak sales
in its Monster High and American Girl brands.
Read more
UPDATE 1-AmEx reports first revenue rise in 5 quarters
April 20 (Reuters) - American Express Co reported a
rise in quarterly revenue for the first time in five quarters,
helped by higher spending by card members in the United States,
its biggest market.
Read more
rise in quarterly revenue for the first time in five quarters,
helped by higher spending by card members in the United States,
its biggest market.
Read more
American Express profit falls as costs rise
April 20 (Reuters) - American Express Co's profit
fell for the fourth straight quarter as costs jumped 5 percent
after the credit card issuer boosted spending to fend off rising
competition.
Read more
fell for the fourth straight quarter as costs jumped 5 percent
after the credit card issuer boosted spending to fend off rising
competition.
Read more
U.N. news outlet at center of bribery case defends its integrity
NEW YORK, April 20 (Reuters) - A United Nations-focused news
outlet whose U.N. accreditation has come under review after U.S.
prosecutors linked it to a scheme to bribe a former General
Assembly president is striking back at its critics.
Read more
outlet whose U.N. accreditation has come under review after U.S.
prosecutors linked it to a scheme to bribe a former General
Assembly president is striking back at its critics.
Read more
Canada Netflix users complain as access to U.S. service blocked
TORONTO, April 20 (Reuters) - Some Canadian Netflix Inc
users cried foul on Wednesday after the video-streaming
giant appeared to have made good on its pledge to block access
for customers using unauthorized services to view more varied
American content.
Read more
users cried foul on Wednesday after the video-streaming
giant appeared to have made good on its pledge to block access
for customers using unauthorized services to view more varied
American content.
Read more
UPDATE 2-Microsoft says game over for Xbox 360
April 20 (Reuters) - Microsoft Corp said on
Wednesday it would stop production of its popular Xbox 360 video
game console, which helped the company gain a firm foothold in
the market.
Read more
Wednesday it would stop production of its popular Xbox 360 video
game console, which helped the company gain a firm foothold in
the market.
Read more
Germany marks 500 years of beer purity law
ANDECHS, Germany, April 20 (Reuters) - The sound of clinking
glass fills the room as a monk inspects one of hundreds of beer
bottles passing along the production line at Andechs monastery
in Bavaria.
Read more
glass fills the room as a monk inspects one of hundreds of beer
bottles passing along the production line at Andechs monastery
in Bavaria.
Read more
UPDATE 2-VW to set aside billions more to cover Dieselgate costs
* VW biggest DAX gainer on speculation about U.S. settlement
(Releads on provisions, adds detail from sources, background)
Read more
(Releads on provisions, adds detail from sources, background)
Read more
UPDATE 1-Italian regulator fines Mediaset, Sky over soccer TV rights
MILAN, April 20 (Reuters) - Mediaset and Sky Italia,
a unit of Sky Plc, have been fined 55.4 million euros
($62.7 million) by Italy's antitrust authority for breaching
competition laws during the 2014 sale of soccer TV rights, the
authority said on Wednesday.
Read more
a unit of Sky Plc, have been fined 55.4 million euros
($62.7 million) by Italy's antitrust authority for breaching
competition laws during the 2014 sale of soccer TV rights, the
authority said on Wednesday.
Read more
UPDATE 1-Daily Mail says hasn't submitted bid for Yahoo's internet assets
April 20 (Reuters) - The parent of Britain's Daily Mail said
on Wednesday it had not submitted a bid to buy Yahoo Inc's
core Internet business, but was in talks with potential
suitors of the American company.
Read more
on Wednesday it had not submitted a bid to buy Yahoo Inc's
core Internet business, but was in talks with potential
suitors of the American company.
Read more
Russian editor who printed revelations on Putin circle to take leave
MOSCOW, April 20 (Reuters) - The editor-in-chief of Russia's
RBC media group, whose outlets published revelations about the
commercial interests of people in the circle of Russian
President Vladimir Putin, is to take a study leave in the United
States, the holding said in a statement.
Read more
RBC media group, whose outlets published revelations about the
commercial interests of people in the circle of Russian
President Vladimir Putin, is to take a study leave in the United
States, the holding said in a statement.
Read more
UPDATE 1-Some Indonesian coal ports ban ships to Philippines after hijackings
JAKARTA, April 20 (Reuters) - Authorities from at least two
Indonesian coal ports have blocked ships from leaving to the
Philippines due to security concerns after a spate of ship
hijackings in the southern Philippines, an Indonesian government
official said on Wednesday.
Read more
Indonesian coal ports have blocked ships from leaving to the
Philippines due to security concerns after a spate of ship
hijackings in the southern Philippines, an Indonesian government
official said on Wednesday.
Read more
Press ban in tatters as UK celebrity threesome story spreads online
LONDON, April 20 (Reuters) - If you are rich and famous, how
can you stop embarrassing stories about your private life from
becoming public?
Read more
can you stop embarrassing stories about your private life from
becoming public?
Read more
UPDATE 1-Turkey rejected return to talks with PKK -opposition politician
ISTANBUL, April 20 (Reuters) - The Kurdistan Workers Party
(PKK) militant group wanted a return to talks with the Turkish
government a few months ago but it was rejected by Ankara, the
leader of Turkey's pro-Kurdish opposition party said on
Wednesday.
Read more
(PKK) militant group wanted a return to talks with the Turkish
government a few months ago but it was rejected by Ankara, the
leader of Turkey's pro-Kurdish opposition party said on
Wednesday.
Read more
WRAPUP 1-U.S. existing home sales surge; supply improves
WASHINGTON, April 20 (Reuters) - U.S. home resales rebounded
more than expected in March, suggesting the housing market
recovery remained intact despite signs that economic growth
probably stalled in the first quarter.
Read more
more than expected in March, suggesting the housing market
recovery remained intact despite signs that economic growth
probably stalled in the first quarter.
Read more
"Remain" ahead by 10 points in Britain's EU referendum campaign - Ipsos MORI poll
LONDON, April 20 (Reuters) - Support for Britain to remain
in the European Union stands at 49 percent, 10 points ahead of
the "Out" campaign, according to an Ipsos MORI poll published in
the Evening Standard newspaper on Wednesday.
Read more
in the European Union stands at 49 percent, 10 points ahead of
the "Out" campaign, according to an Ipsos MORI poll published in
the Evening Standard newspaper on Wednesday.
Read more
Censors, transparency watchdogs spar as Israeli archive goes online
JERUSALEM, April 20 (Reuters) - The orderly world of
archives is in tumult in Israel after an effort to enhance
transparency has instead led to allegations that access to
sensitive documents is being restricted.
Read more
archives is in tumult in Israel after an effort to enhance
transparency has instead led to allegations that access to
sensitive documents is being restricted.
Read more
"Queen of Parts": car components used for royal birthday portrait
LONDON, April 20 (Reuters) - Queen Elizabeth has been
painted and photographed by some of Britain's top artists and
photographers. Now there is an image of her made from components
usually found in a mechanic's garage.
Read more
painted and photographed by some of Britain's top artists and
photographers. Now there is an image of her made from components
usually found in a mechanic's garage.
Read more
How Swedish start-up Neo Technology helped crack the Panama Papers
STOCKHOLM, April 20 (Reuters) - Every start-up hopes for a
lucky break. Swedish company Neo Technology only found out it
was getting one the day the Panama Papers made headlines around
the world.
Read more
lucky break. Swedish company Neo Technology only found out it
was getting one the day the Panama Papers made headlines around
the world.
Read more
Dish Network revenue rises 2 pct
April 20 (Reuters) - U.S. satellite TV provider Dish Network
Corp posted a 2 percent rise in quarterly revenue,
helped by higher subscription rates in its core pay-TV business.
Read more
Corp posted a 2 percent rise in quarterly revenue,
helped by higher subscription rates in its core pay-TV business.
Read more
UPDATE 2-EU charges Google with abusing Android market dominance
* EU has already charged Google over Internet shopping
(Adds Google, lead complainant response)
Read more
(Adds Google, lead complainant response)
Read more
British surveyors report weakest private housing growth in nearly 3 years
LONDON, April 20 (Reuters) - Construction of private homes
slowed sharply in the first three months of 2016, reflecting
planning delays and possibly uncertainty linked to Britain's
upcoming referendum on European Union membership, a survey
showed on Wednesday.
Read more
slowed sharply in the first three months of 2016, reflecting
planning delays and possibly uncertainty linked to Britain's
upcoming referendum on European Union membership, a survey
showed on Wednesday.
Read more
UPDATE 1-UK's N Brown says trading in new financial year subdued
April 20 (Reuters) - British plus-size fashion retailer N
Brown Group Plc expects a hit of about 3 million pounds
($4.31 million) on full-year profit before tax in the new
financial year, and said trading so far has been subdued.
Read more
Brown Group Plc expects a hit of about 3 million pounds
($4.31 million) on full-year profit before tax in the new
financial year, and said trading so far has been subdued.
Read more
UPDATE 2-Mitsubishi Motors says failed fuel economy test, shares tumble
TOKYO, April 20 (Reuters) - Mitsubishi Motors Corp
said its vehicles failed a fuel economy test, sending its shares
down more than 15 percent and wiping $1.2 billion from its
market value on Wednesday.
Read more
said its vehicles failed a fuel economy test, sending its shares
down more than 15 percent and wiping $1.2 billion from its
market value on Wednesday.
Read more
Japan's Renesas to start partial production at quake-hit Kumamoto plant on Friday
TOKYO, April 20 (Reuters) - Japanese automotive chipmaker
Renesas Electronics Corp said on Wednesday it will
start partial production at its quake-hit Kumamoto plant on
Friday.
Read more
Renesas Electronics Corp said on Wednesday it will
start partial production at its quake-hit Kumamoto plant on
Friday.
Read more
UPDATE 1-Chip designer ARM beats forecasts with Q1 profit rise
LONDON, April 20 (Reuters) - ARM Holdings reported a
slightly better-than-expected 14 percent rise in first-quarter
profit as the provider of technology for the iPhone outperformed
a weak semiconductor market with strong demand for its most
advanced chips.
Read more
slightly better-than-expected 14 percent rise in first-quarter
profit as the provider of technology for the iPhone outperformed
a weak semiconductor market with strong demand for its most
advanced chips.
Read more
Tuesday, April 19, 2016
UPDATE 2-Retailer Target says transgender people can use bathroom of their choice
April 19 (Reuters) - Target Corp said on Tuesday
that transgender employees and customers could use the bathroom
that corresponds with their gender identity, becoming the first
big retailer to weigh in on an issue at the center of a heated
national debate.
Read more
that transgender employees and customers could use the bathroom
that corresponds with their gender identity, becoming the first
big retailer to weigh in on an issue at the center of a heated
national debate.
Read more
CORRECTED-UPDATE 1-MGM Growth raises $1.05 billion in IPO
April 19 (Reuters) - Real estate investment trust MGM Growth
Properties LLC said on Tuesday it had raised $1.05
billion in its U.S. initial public offering, in the latest sign
that investors are becoming more receptive to new stock market
flotations.
Read more
Properties LLC said on Tuesday it had raised $1.05
billion in its U.S. initial public offering, in the latest sign
that investors are becoming more receptive to new stock market
flotations.
Read more
CORRECTED-Apple updates MacBook with faster processors
April 19 (Reuters) - Apple Inc on Tuesday updated
its 12-inch MacBook line of laptops with faster processors,
among other features, and made it available in rose gold color.
Read more
its 12-inch MacBook line of laptops with faster processors,
among other features, and made it available in rose gold color.
Read more
Sumner Redstone's granddaughter backs mental competency lawsuit
LOS ANGELES, April 19 (Reuters) - A granddaughter of Sumner
Redstone wants to join Redstone's ex-girlfriend in a lawsuit
challenging Redstone's mental competency, court filings show, an
indication the media mogul's family is not united in its view of
his condition.
Read more
Redstone wants to join Redstone's ex-girlfriend in a lawsuit
challenging Redstone's mental competency, court filings show, an
indication the media mogul's family is not united in its view of
his condition.
Read more
UPDATE 1-Yahoo revenue falls slightly less than expected
April 19 (Reuters) - Yahoo Inc's posted
first-quarter revenue that beat analysts' estimates slightly,
but the 11.3 percent decline shows the web pioneer's struggle to
boost growth its core online search and display advertising
business, which it is in the process of auctioning off.
Read more
first-quarter revenue that beat analysts' estimates slightly,
but the 11.3 percent decline shows the web pioneer's struggle to
boost growth its core online search and display advertising
business, which it is in the process of auctioning off.
Read more
UPDATE 3-Turkey denies entry to German journalist at Istanbul airport
* Incident another test of Germany-Turkey relations
(Adds ARD statement on journalist back in Cairo)
Read more
(Adds ARD statement on journalist back in Cairo)
Read more
UPDATE 3-Higher ad spending in N.America boosts Omnicom, Publicis
April 19 (Reuters) - Omnicom Group Inc and Publicis
, the world's No.2 and No.3 advertising agencies,
reported higher quarterly revenue on Tuesday, boosted by
spending in North America.
Read more
, the world's No.2 and No.3 advertising agencies,
reported higher quarterly revenue on Tuesday, boosted by
spending in North America.
Read more
UPDATE 1-Apple refused China request for source code in last two years -lawyer
WASHINGTON, April 19 (Reuters) - Apple has been asked by
Chinese authorities within the last two years to hand over its
source code but refused to do so, the company's top lawyer told
U.S. lawmakers at a hearing on Tuesday.
Read more
Chinese authorities within the last two years to hand over its
source code but refused to do so, the company's top lawyer told
U.S. lawmakers at a hearing on Tuesday.
Read more
UPDATE 1-Viacom says carriage deal with Dish to expire Wednesday
April 19 (Reuters) - Viacom Inc's carriage deal
with Dish Network Corp is scheduled to expire on
Wednesday and no agreement is in sight, a Viacom spokesman told
Reuters on Tuesday.
Read more
with Dish Network Corp is scheduled to expire on
Wednesday and no agreement is in sight, a Viacom spokesman told
Reuters on Tuesday.
Read more
Apple, FBI return to Congress to spar over encryption
WASHINGTON, April 19 (Reuters) - The growing use of strong
default encryption on mobile devices and communications by
criminal suspects is handicapping investigators' ability to
pursue them, law enforcement officials told Congress on Tuesday,
pressing Apple Inc and other companies that defend the
technology as integral to protecting consumers.
Read more
default encryption on mobile devices and communications by
criminal suspects is handicapping investigators' ability to
pursue them, law enforcement officials told Congress on Tuesday,
pressing Apple Inc and other companies that defend the
technology as integral to protecting consumers.
Read more
UPDATE 1-Indian govt scraps planned pension changes after violent protests
BENGALURU/NEW DELHI, April 19 (Reuters) - India on Tuesday
scrapped a controversial proposal restricting when workers could
withdraw pension savings after thousands of protesters clashed
with police in the information technology hub of Bengaluru.
Read more
scrapped a controversial proposal restricting when workers could
withdraw pension savings after thousands of protesters clashed
with police in the information technology hub of Bengaluru.
Read more
MIDEAST STOCKS-Saudi earnings, oil boost Gulf, Egypt breaks chart barrier
DUBAI, April 19 (Reuters) - Gulf stock markets rose on
Tuesday as several Saudi companies beat first-quarter earnings
estimates and oil prices held up better than feared after the
failure of Sunday's Doha meeting to agree on an output freeze.
Read more
Tuesday as several Saudi companies beat first-quarter earnings
estimates and oil prices held up better than feared after the
failure of Sunday's Doha meeting to agree on an output freeze.
Read more
TIMELINE-Google wins some, loses some in global antitrust battles
FRANKFURT, April 19 (Reuters) - For more than a decade,
Internet search and advertising giant Google, now a unit of
holding company Alphabet Inc, has sparred with
competitors in an expanding range of industries from Internet to
media to telecoms to automobiles.
Read more
Internet search and advertising giant Google, now a unit of
holding company Alphabet Inc, has sparred with
competitors in an expanding range of industries from Internet to
media to telecoms to automobiles.
Read more
Starboard's Smith warns a full board sweep is not always possible
NEW YORK, April 19 (Reuters) - Activist investor Jeffrey
Smith, whose Starboard Value hedge fund wants to replace the
entire board at Yahoo Inc, said this approach often
works best to revive an ailing company but cautioned that path
is not always possible.
Read more
Smith, whose Starboard Value hedge fund wants to replace the
entire board at Yahoo Inc, said this approach often
works best to revive an ailing company but cautioned that path
is not always possible.
Read more
GP Investments unit to buy Corelle dinnerware maker in $566 mln deal
April 19 (Reuters) - GP Investments Acquisition Corp (GPIAC)
said it agreed to buy the owner of World Kitchen LLC,
which makes Pyrex and Corelle kitchenware, in a $566 million
cash-and-stock deal.
Read more
said it agreed to buy the owner of World Kitchen LLC,
which makes Pyrex and Corelle kitchenware, in a $566 million
cash-and-stock deal.
Read more
UPDATE 1-Snowboarding-Swiss champ dies in avalanche during film shoot
ZURICH, April 19 (Reuters) - A 21-year-old Swiss
snowboarding champion died in an avalanche on Tuesday after a
slab of snow broke away during a film shoot in Switzerland and
swept her down a narrow, rocky slope.
Read more
snowboarding champion died in an avalanche on Tuesday after a
slab of snow broke away during a film shoot in Switzerland and
swept her down a narrow, rocky slope.
Read more
EU wants to link road charging to trucks' CO2 emissions
BRUSSELS, April 19 (Reuters) - The European Commission wants
to link road tolls to the CO2 emissions of trucks in proposals
for reform of the European road-charging scheme next year to
encourage more fuel-efficient vehicles, the bloc's transport
chief said on Tuesday.
Read more
to link road tolls to the CO2 emissions of trucks in proposals
for reform of the European road-charging scheme next year to
encourage more fuel-efficient vehicles, the bloc's transport
chief said on Tuesday.
Read more
UPDATE 1-Polaris to recall 133,000 recreational all-terrain vehicles
April 19 (Reuters) - Polaris Industries Inc will
recall about 133,000 recreational all-terrain vehicles in the
United States as they pose a fire risk.
Read more
recall about 133,000 recreational all-terrain vehicles in the
United States as they pose a fire risk.
Read more
Swiss skiing champ dies in avalanche during film shoot
ZURICH, April 19 (Reuters) - A 21-year-old Swiss
snowboarding champion died in an avalanche on Tuesday during a
film shoot in Switzerland after a slab of snow broke away and
swept her down a narrow, rocky slope.
Read more
snowboarding champion died in an avalanche on Tuesday during a
film shoot in Switzerland after a slab of snow broke away and
swept her down a narrow, rocky slope.
Read more
Ruling expected on April 20 in Lebanon child kidnapping case
BEIRUT, April 19 (Reuters) - A Lebanese judge is expected to
rule on Wednesday in the case of an Australian woman and TV crew
charged with kidnapping her children from their father in Beirut
following a custody dispute.
Read more
rule on Wednesday in the case of an Australian woman and TV crew
charged with kidnapping her children from their father in Beirut
following a custody dispute.
Read more
UPDATE 1-Dubai's Alabbar buys 4 pct stake in online fashion retailer YNAP
MILAN/DUBAI, April 19 (Reuters) - Dubai entrepreneur
Mohammed Alabbar will take a 4 percent stake in online fashion
retailer Yoox Net-A-Porter (YNAP) in a move expected
to push the Italian group's growth in the high-potential Middle
Eastern market.
Read more
Mohammed Alabbar will take a 4 percent stake in online fashion
retailer Yoox Net-A-Porter (YNAP) in a move expected
to push the Italian group's growth in the high-potential Middle
Eastern market.
Read more
New art museum seeks to shed dangerous image of Brussels' Molenbeek
BRUSSELS, April 19 (Reuters) - A new art museum has opened
its doors in Brussels' Molenbeek district hoping to help shed
the negative image of the area, most recently linked to the
deadly attacks in Paris and the Belgian capital.
Read more
its doors in Brussels' Molenbeek district hoping to help shed
the negative image of the area, most recently linked to the
deadly attacks in Paris and the Belgian capital.
Read more
UPDATE 1-Japan's Seven & i names Loeb-backed executive as new president
TOKYO, April 19 (Reuters) - Japan's biggest retail group
Seven & i named an executive backed by U.S. activist
investor Daniel Loeb to lead the overall company following a
failed attempt by his predecessor to oust him from the firm.
Read more
Seven & i named an executive backed by U.S. activist
investor Daniel Loeb to lead the overall company following a
failed attempt by his predecessor to oust him from the firm.
Read more
At Israeli brewery, last sip of beer Jesus might have drunk
JERUSALEM, April 19 (Reuters) - A Jerusalem brewery has
produced a craft beer with a taste it says dates back to the
time of Jesus. A sip of the concoction may help explain why wine
was the preferred sacred drink of the Bible.
Read more
produced a craft beer with a taste it says dates back to the
time of Jesus. A sip of the concoction may help explain why wine
was the preferred sacred drink of the Bible.
Read more
Japan's Seven & i approves convenience store chief as new president -source
TOKYO, April 19 (Reuters) - Japan's biggest retail group
Seven & i named Ryuichi Isaka, the head of its 7-Eleven
convenience store chain, to lead the overall company following a
failed attempt by his predecessor to oust him from the firm, a
source familiar with the matter said on Tuesday.
Read more
Seven & i named Ryuichi Isaka, the head of its 7-Eleven
convenience store chain, to lead the overall company following a
failed attempt by his predecessor to oust him from the firm, a
source familiar with the matter said on Tuesday.
Read more
UPDATE 1-UK insurer Saga's FY profit jumps 55 pct
April 19 (Reuters) - British over-50s travel and insurance
company Saga Plc said it was targeting a 5 percent to
7 percent rise in pretax profit this year and also raised its
payout range.
Read more
company Saga Plc said it was targeting a 5 percent to
7 percent rise in pretax profit this year and also raised its
payout range.
Read more
UPDATE 1-Support for 'In' campaign rises ahead of Britain's EU vote-ORB poll
LONDON, April 19 (Reuters) - Support for Britain to stay in
the European Union has risen two percentage points to 53
percent, according to an ORB opinion poll which Prime Minister
David Cameron's election strategist said showed the "In"
campaign was starting to win over voters.
Read more
the European Union has risen two percentage points to 53
percent, according to an ORB opinion poll which Prime Minister
David Cameron's election strategist said showed the "In"
campaign was starting to win over voters.
Read more
UK insurer Saga's FY profit jumps 55 pct
April 19 (Reuters) - British over-50s travel and insurance
company Saga said full-year pretax profit jumped 55
percent, driven by a surge in demand for its travel and
insurance services.
Read more
company Saga said full-year pretax profit jumped 55
percent, driven by a surge in demand for its travel and
insurance services.
Read more
UPDATE 1-AB Foods sees relief from currency pressures as profit rises
LONDON, April 19 (Reuters) - Associated British Foods
, owner of the Primark clothing chain, beat forecasts
with a 3 percent rise in first-half profits and said currency
pressures that had held back its performance were starting to
ease.
Read more
, owner of the Primark clothing chain, beat forecasts
with a 3 percent rise in first-half profits and said currency
pressures that had held back its performance were starting to
ease.
Read more
AB Foods maintains full-year guidance after first-half growth
LONDON, April 19 (Reuters) - Associated British Foods
, owner of the Primark clothing chain, maintained
full-year guidance after it beat forecasts with a 3 percent rise
in first-half profit.
Read more
, owner of the Primark clothing chain, maintained
full-year guidance after it beat forecasts with a 3 percent rise
in first-half profit.
Read more
France's Faurecia sells auto exteriors business to Plastic Omnium
PARIS, April 19 (Reuters) - Car parts maker Faurecia
has signed a deal to sell its automotive exteriors
business to Plastic Omnium for an enterprise value of
665 million euros ($753 million) to reduce debt.
Read more
has signed a deal to sell its automotive exteriors
business to Plastic Omnium for an enterprise value of
665 million euros ($753 million) to reduce debt.
Read more
Monday, April 18, 2016
Turkish police detain 28 people over links to Gulen movement - Anatolia
ISTANBUL, April 19 (Reuters) - Turkish police on Tuesday
detained 28 people on allegations of being members of a movement
led by U.S.-based Muslim cleric Fethullah Gulen in an operation
launched in 28 provinces, state-run Anatolia Agency said.
Read more
detained 28 people on allegations of being members of a movement
led by U.S.-based Muslim cleric Fethullah Gulen in an operation
launched in 28 provinces, state-run Anatolia Agency said.
Read more
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