SEOUL, May 31 (Reuters) - South Korea's Samsung C&T Corp
said it plans to appeal against a court ruling
ordering it to pay a higher price for a share buyback offer made
during a merger last year that consolidated stakes in key
Samsung Group affiliates.
Read more
Monday, May 30, 2016
UPDATE 1-Viacom's independent directors vow to fight ouster attempt
NEW YORK, May 30 (Reuters) - Viacom Inc's six
independent directors will fight any attempt to oust them from
the U.S. media company's 11-member board, Lead Independent
Director Fred Salerno said in a letter to shareholders on
Monday.
Read more
independent directors will fight any attempt to oust them from
the U.S. media company's 11-member board, Lead Independent
Director Fred Salerno said in a letter to shareholders on
Monday.
Read more
Viacom Director Salerno says board will contest removal attempt
NEW YORK, May 30 (Reuters) - Viacom Inc's
independent directors will fight any attempt to remove them from
the media company's board, Lead Independent Director Fred
Salerno said in a letter to shareholders on Monday.
Read more
independent directors will fight any attempt to remove them from
the media company's board, Lead Independent Director Fred
Salerno said in a letter to shareholders on Monday.
Read more
Egypt journalist union chiefs charged with harbouring wanted colleagues
CAIRO, May 30 (Reuters) - The head of Egypt's journalists'
union and two of its board members were in police detention on
Monday on charges of harbouring colleagues wanted by the law and
spreading lies, their lawyer and a fellow union official said.
Read more
union and two of its board members were in police detention on
Monday on charges of harbouring colleagues wanted by the law and
spreading lies, their lawyer and a fellow union official said.
Read more
Outrage mounts over gorilla killing in boy's rescue at Ohio zoo
CINCINNATI, May 30 (Reuters) - Animal lovers mobilized on
Monday as outrage mounted over the Cincinnati Zoo's killing of a
gorilla to rescue a 4-year-old boy who fell into the animal's
enclosure.
Read more
Monday as outrage mounted over the Cincinnati Zoo's killing of a
gorilla to rescue a 4-year-old boy who fell into the animal's
enclosure.
Read more
LVMH appoints Luxottica executive as Loro Piana CEO
MILAN, May 30 (Reuters) - French luxury goods group LVMH
has appointed Fabio d'Angelantonio as the next chief
executive of high-end textile and clothing company Loro Piana,
it said on Monday.
Read more
has appointed Fabio d'Angelantonio as the next chief
executive of high-end textile and clothing company Loro Piana,
it said on Monday.
Read more
UPDATE 2-Kuka investor Voith says positive stance on Midea bid premature
FRANKFURT, May 30 (Reuters) - Kuka management's
positive stance towards a 4.5 billion euro ($5 billion) takeover
bid by China's Midea is premature, the chief
executive of the German firm's major shareholder Voith
said on Monday.
Read more
positive stance towards a 4.5 billion euro ($5 billion) takeover
bid by China's Midea is premature, the chief
executive of the German firm's major shareholder Voith
said on Monday.
Read more
REUTERS SUMMIT-Bulgaria targets 20 pct rise in FDI this year to S2.1 bln -inward investment agency
* For other news from Reuters Eastern Europe Investment
Summit, click on http://www.reuters.com/summit/EasternEuropeInvestment16
Read more
Summit, click on http://www.reuters.com/summit/EasternEuropeInvestment16
Read more
UPDATE 1-Eataly to list 30 pct stake in next two years -chairman
* Eataly to open 3 new food stores in U.S. by March '17
(Adds quotes by Eataly founder, Autogrill)
Read more
(Adds quotes by Eataly founder, Autogrill)
Read more
Peugeot family to meet French govt over stake in carmaker - source
PARIS, May 30 (Reuters) - The Peugeot family plans to hold
informal talks with the government on Tuesday to discuss the
future of its stake in the French carmaker Peugeot PSA Citroen
, a source familiar with plans for the discussions said
on Monday.
Read more
informal talks with the government on Tuesday to discuss the
future of its stake in the French carmaker Peugeot PSA Citroen
, a source familiar with plans for the discussions said
on Monday.
Read more
UPDATE 2-Verizon, union agree pay raises, new jobs to end strike
May 30 (Reuters) - A tentative agreement between Verizon
Communications Inc and unions to end a nearly seven-week
strike includes 1,400 new jobs and pay raises topping 10
percent, the company and unions representing about 40,000
workers said on Monday.
Read more
Communications Inc and unions to end a nearly seven-week
strike includes 1,400 new jobs and pay raises topping 10
percent, the company and unions representing about 40,000
workers said on Monday.
Read more
Cool, cheap and green: Polystyrene homes catch on in Kenya
KAJIADO, Kenya, May 30 (Thomson Reuters Foundation) - Justus
Opiyo lives in one of around 50 polystyrene houses in a new
development in Kajiado County, southeast of Nairobi, and says it
has a major advantage over his previous homes.
Read more
Opiyo lives in one of around 50 polystyrene houses in a new
development in Kajiado County, southeast of Nairobi, and says it
has a major advantage over his previous homes.
Read more
Finland's Kesko has considered Russian grocery exit, but no talks
HELSINKI/MOSCOW, May 30 (Reuters) - Finland's second-biggest
retailer Kesko has examined selling its grocery
operations in Russia after just four years, but said on Monday
this had not resulted in any negotiations.
Read more
retailer Kesko has examined selling its grocery
operations in Russia after just four years, but said on Monday
this had not resulted in any negotiations.
Read more
UPDATE 1-India's Mahindra net profit rises on new SUVs, truck sales
MUMBAI, May 30 (Reuters) - Mahindra & Mahindra Ltd
, India's top-selling utility vehicle maker, expects
its automotive and tractor units to grow faster than the
industry this fiscal year, an executive said after the company
posted a rise in quarterly profit.
Read more
, India's top-selling utility vehicle maker, expects
its automotive and tractor units to grow faster than the
industry this fiscal year, an executive said after the company
posted a rise in quarterly profit.
Read more
After long boom, Canada's housing shows some cooling signs
VANCOUVER/TORONTO, May 30 (Reuters) - Seven years into a
Canadian housing boom that many have warned will end in a bust,
there are signs of a sales slowdown in the two hottest cities,
with some economists and real estate agents saying the peak has
passed.
Read more
Canadian housing boom that many have warned will end in a bust,
there are signs of a sales slowdown in the two hottest cities,
with some economists and real estate agents saying the peak has
passed.
Read more
Alibaba tells vendors to halt drug sales online, cites government rule change
SHANGHAI, May 30 (Reuters) - Chinese e-commerce firm Alibaba
Group Holding Ltd has told vendors on its Tmall website
to stop selling medicine, saying a local regulator has issued an
"urgent" directive halting drug sales via third-party platforms.
Read more
Group Holding Ltd has told vendors on its Tmall website
to stop selling medicine, saying a local regulator has issued an
"urgent" directive halting drug sales via third-party platforms.
Read more
UPDATE 1-Turkey's Erdogan accuses Russia of arming PKK militants -newspaper
* Turkey Deputy PM says ties can be "fixed in short while"
(Recasts with government officials, adds Deputy PM comment)
Read more
(Recasts with government officials, adds Deputy PM comment)
Read more
UPDATE 1-China hails brotherly Africa relations after "racist" ad outcry
BEIJING, May 30 (Reuters) - China and Africa are "good
brothers" and China respects all people regardless of race, the
government said on Monday after a detergent maker apologised for
an advert showing a black man bundled into a washing machine
that many called racist.
Read more
brothers" and China respects all people regardless of race, the
government said on Monday after a detergent maker apologised for
an advert showing a black man bundled into a washing machine
that many called racist.
Read more
Turkey's Erdogan: No Muslim family should engage in birth control
ISTANBUL, May 30 (Reuters) - No Muslim family should engage
in birth control or family planning, Turkish President Tayyip
Erdogan said on Monday, calling again on pious Muslims to have
more children.
Read more
in birth control or family planning, Turkish President Tayyip
Erdogan said on Monday, calling again on pious Muslims to have
more children.
Read more
Australia miners merge, hope to boost lithium sales
SYDNEY, May 30 (Reuters) - Galaxy Resources and
General Mining on Monday agreed to a A$216 million
($155 million) merger to consolidate their lithium mines in
Australia, Canada and Argentina, with prices for the metal
soaring on growing demand for electric vehicles.
Read more
General Mining on Monday agreed to a A$216 million
($155 million) merger to consolidate their lithium mines in
Australia, Canada and Argentina, with prices for the metal
soaring on growing demand for electric vehicles.
Read more
Audi halts production at German plant due to flooding
BERLIN, May 30 (Reuters) - German luxury carmaker Audi
said it has stopped production at its second-biggest
plant in southwestern Germany because of flooding.
Read more
said it has stopped production at its second-biggest
plant in southwestern Germany because of flooding.
Read more
Vivendi controls more than 50 pct of Gameloft's shares-Les Echos
PARIS, May 30 (Reuters) - French media group Vivendi
controls more than 50 percent of Gameloft's
shares following the unsolicited bid it launched for the mobile
video games maker in February, French business daily Les Echos
reported on Monday.
Read more
controls more than 50 percent of Gameloft's
shares following the unsolicited bid it launched for the mobile
video games maker in February, French business daily Les Echos
reported on Monday.
Read more
UPDATE 1-Indian minister: discussing Apple's request for FDI rules waiver
NEW DELHI, May 30 (Reuters) - The Indian government on
Monday said it was discussing Apple Inc's foreign
direct investment application that seeks a waiver from a local
sourcing rule.
Read more
Monday said it was discussing Apple Inc's foreign
direct investment application that seeks a waiver from a local
sourcing rule.
Read more
Chinese detergent maker apologises for "racist" TV ad
BEIJING, May 30 (Reuters) - A Chinese detergent maker has
apologised for a television advertisement that many in China and
around the world called racist, but also blamed the media for
causing the public outcry.
Read more
apologised for a television advertisement that many in China and
around the world called racist, but also blamed the media for
causing the public outcry.
Read more
Global treaty "only realistic way" to stop supply chain abuse: rights group
LONDON, May 30 (Thomson Reuters Foundation) - A new
international treaty is needed to compel businesses to stamp out
abuses such as child labour and modern-day slavery in their
supply chains, Human Rights Watch (HRW) said on Monday at the
start of a global labour summit in Geneva.
Read more
international treaty is needed to compel businesses to stamp out
abuses such as child labour and modern-day slavery in their
supply chains, Human Rights Watch (HRW) said on Monday at the
start of a global labour summit in Geneva.
Read more
Sunday, May 29, 2016
S.Korea won falls to near 1-wk low on Yellen remarks, stocks edge down
* Won falls by near 1 pct on high possibility of Fed rate
hike
* KOSPI pares losses on offshore monetary income
SEOUL, May 30 (Reuters) - The South Korean won fell
sharply on Monday morning after U.S. Federal Reserve Chair Janet
Yellen's speech on Friday signalled a growing likelihood of an
interest rate hike in June or July.
The won stood at 1,190.2 per dollar as of 0220
GMT, down 0.9 percent compared to Friday's close of 1,179.3, and
the lowest since May 24.
Yellen said t
Read more
hike
* KOSPI pares losses on offshore monetary income
SEOUL, May 30 (Reuters) - The South Korean won fell
sharply on Monday morning after U.S. Federal Reserve Chair Janet
Yellen's speech on Friday signalled a growing likelihood of an
interest rate hike in June or July.
The won stood at 1,190.2 per dollar as of 0220
GMT, down 0.9 percent compared to Friday's close of 1,179.3, and
the lowest since May 24.
Yellen said t
Read more
S.Korea April dept store sales growth at 3-mth high
SEOUL, May 30 (Reuters) - South Korea's department store
sales in April rose at their fastest pace in three months, final
government data showed on Monday, as warmer weather and more
holidays in the month pried open consumers' wallets.
Read more
sales in April rose at their fastest pace in three months, final
government data showed on Monday, as warmer weather and more
holidays in the month pried open consumers' wallets.
Read more
RPT-China bets on duty-free paradise to keep luxury spenders at home
SANYA, China, May 30 (Reuters) - China's efforts to lift
local consumption, spur domestic tourism and keep within its
borders citizens that splurge in Milan or Seoul have spawned a
duty-free paradise on the southern island of Hainan that it
hopes will satisfy a lust for luxury.
Read more
local consumption, spur domestic tourism and keep within its
borders citizens that splurge in Milan or Seoul have spawned a
duty-free paradise on the southern island of Hainan that it
hopes will satisfy a lust for luxury.
Read more
China bets on duty-free paradise to keep luxury spenders at home
SANYA, China, May 30 (Reuters) - China's efforts to lift
local consumption, spur domestic tourism and keep within its
borders citizens that splurge in Milan or Seoul have spawned a
duty-free paradise on the southern island of Hainan that it
hopes will satisfy a lust for luxury.
Read more
local consumption, spur domestic tourism and keep within its
borders citizens that splurge in Milan or Seoul have spawned a
duty-free paradise on the southern island of Hainan that it
hopes will satisfy a lust for luxury.
Read more
Australia new homes sales fall in April -industry survey
SYDNEY, May 30 (Reuters) - Sales of new homes in Australia
fell in April after a surprisingly strong surge the previous
month, an industry survey showed on Monday, an outcome that
still pointed to healthy home construction.
Read more
fell in April after a surprisingly strong surge the previous
month, an industry survey showed on Monday, an outcome that
still pointed to healthy home construction.
Read more
RPT-Australian TV station sacks producer over Lebanon child recovery bungle
SYDNEY, May 27 (Reuters) - A producer of Australian current
affairs programme "60 Minutes" has been sacked after a bid to
snatch two children off a busy Beirut street went awry, landing
a mother and a television crew in prison, the broadcaster said
on Friday.
Read more
affairs programme "60 Minutes" has been sacked after a bid to
snatch two children off a busy Beirut street went awry, landing
a mother and a television crew in prison, the broadcaster said
on Friday.
Read more
UPDATE 1-Killing of gorilla to save boy at Ohio zoo sparks outrage
May 29 (Reuters) - The killing of a gorilla at the
Cincinnati Zoo after a 4-year-old boy tumbled into the ape's
enclosure triggered outrage and questions about safety, but zoo
officials called the decision to use lethal force a tough but
necessary choice.
Read more
Cincinnati Zoo after a 4-year-old boy tumbled into the ape's
enclosure triggered outrage and questions about safety, but zoo
officials called the decision to use lethal force a tough but
necessary choice.
Read more
Killing of gorilla to save boy at Ohio zoo sparks outrage
May 29 (Reuters) - The killing of a gorilla at the
Cincinnati Zoo after a 4-year-old boy tumbled into the ape's
enclosure triggered outrage and questions about safety, but zoo
officials called the decision to use lethal force a tough but
necessary choice.
Read more
Cincinnati Zoo after a 4-year-old boy tumbled into the ape's
enclosure triggered outrage and questions about safety, but zoo
officials called the decision to use lethal force a tough but
necessary choice.
Read more
Iran orders social media sites to store data inside country
DUBAI, May 29 (Reuters) - Iran has given foreign messaging
apps a year to move data they hold about Iranian users onto
servers inside the country, prompting privacy and security
concerns on social media.
Read more
apps a year to move data they hold about Iranian users onto
servers inside the country, prompting privacy and security
concerns on social media.
Read more
UPDATE 1-Georg Fischer has several internal candidates for CEO - SonntagsZeitung
ZURICH, May 29 (Reuters) - Machinery, pipes and car-parts
maker Georg Fischer is grooming several internal
candidates to replace Chief Executive Yves Serra when he turns
65 in two years, the Swiss company's chairman, Andreas Koopmann,
told the weekly SonntagsZeitung.
Read more
maker Georg Fischer is grooming several internal
candidates to replace Chief Executive Yves Serra when he turns
65 in two years, the Swiss company's chairman, Andreas Koopmann,
told the weekly SonntagsZeitung.
Read more
Box Office: 'X-Men: Apocalypse' Hits $65 Million, 'Alice Through the Looking Glass' Flops
LOS ANGELES, May 29 (Variety.com) - Fox's "X-Men:
Apocalypse" and Disney's "Alice Through the Looking Glass"
squared off over Memorial Day weekend, but both blockbuster
hopefuls emerged bruised from this box office clash of the
titans.
Read more
Apocalypse" and Disney's "Alice Through the Looking Glass"
squared off over Memorial Day weekend, but both blockbuster
hopefuls emerged bruised from this box office clash of the
titans.
Read more
Switzerland's Fischer grooms CEO candidates - SonntagsZeitung
ZURICH, May 29 (Reuters) - Machinery, pipes and car-parts
maker Georg Fischer is grooming several internal
candidates to replace Chief Executive Yves Serra when he turns
65 in two years, the Swiss company's chairman, Andreas Koopmann,
told the weekly SonntagsZeitung.
Read more
maker Georg Fischer is grooming several internal
candidates to replace Chief Executive Yves Serra when he turns
65 in two years, the Swiss company's chairman, Andreas Koopmann,
told the weekly SonntagsZeitung.
Read more
UPDATE 1-Iran says its pilgrims will not attend haj in Saudi
DUBAI, May 29 (Reuters) - Iran said on Sunday its pilgrims
would not attend the annual Muslim haj pilgrimage, blaming
regional rival Saudi Arabia for "sabotage" and failing to
guarantee the safety of pilgrims.
Read more
would not attend the annual Muslim haj pilgrimage, blaming
regional rival Saudi Arabia for "sabotage" and failing to
guarantee the safety of pilgrims.
Read more
Data analysis from Paris raid on Google will take months, possibly years -prosecutor
PARIS, May 29 (Reuters) - Analysis of data seized by
investigators in last week's raid of Google's Paris
headquarters could possibly take years, French financial
prosecutor Eliane Houlette said on Sunday.
Read more
investigators in last week's raid of Google's Paris
headquarters could possibly take years, French financial
prosecutor Eliane Houlette said on Sunday.
Read more
Iran says its pilgrims will not attend haj in Saudi Arabia
DUBAI, May 29 (Reuters) - Iran's Haj and Pilgrimage
Organisation said on Sunday the country's pilgrims would not
attend the annual Muslim haj pilgrimage, blaming regional rival
Saudi Arabia for "sabotage" and failing to guarantee the safety
of pilgrims.
Read more
Organisation said on Sunday the country's pilgrims would not
attend the annual Muslim haj pilgrimage, blaming regional rival
Saudi Arabia for "sabotage" and failing to guarantee the safety
of pilgrims.
Read more
Japan's Aso calls for lower house elections if tax hike is delayed -Kyodo
TOKYO, May 29 (Reuters) - Japanese Finance Minister Taro Aso
said the lower house of the parliament should be dissolved
followed by a general election if the increase in the
consumption tax is delayed, the Kyodo news agency reported on
Sunday.
Read more
said the lower house of the parliament should be dissolved
followed by a general election if the increase in the
consumption tax is delayed, the Kyodo news agency reported on
Sunday.
Read more
French finmin rules out Google tax deal, more firms could be targeted
PARIS, May 29 (Reuters) - France will "go all the way" to
ensure that multinationals operating on its soil pay their taxes
and more cases could follow after Google and McDonald's were
targeted by tax raids, Finance Minister Michel Sapin said.
Read more
ensure that multinationals operating on its soil pay their taxes
and more cases could follow after Google and McDonald's were
targeted by tax raids, Finance Minister Michel Sapin said.
Read more
Saturday, May 28, 2016
Cincinnati gorilla killed after boy falls into zoo enclosure
May 28 (Reuters) - A male gorilla in the Cincinnati Zoo was
killed by keepers on Saturday after he dragged around a
4-year-old boy who fell into the enclosure, a zoo official said.
Read more
killed by keepers on Saturday after he dragged around a
4-year-old boy who fell into the enclosure, a zoo official said.
Read more
German Protestant bishop wants Islam classes in all state schools
BERLIN, May 28 (Reuters) - The head of the Protestant Church
in Germany has called for Islam to be taught in state schools
across the country as a way to make young Muslims impervious to
the "temptation of fundamentalists".
Read more
in Germany has called for Islam to be taught in state schools
across the country as a way to make young Muslims impervious to
the "temptation of fundamentalists".
Read more
Pakistan bans airing of 'undesired' contraceptive advertisements
ISLAMABAD, May 28 (Reuters) - Pakistan has banned
advertisements for contraceptive products on television and
radio over concern that they expose inquisitive children to the
subject of sex, local media reported on Saturday.
Read more
advertisements for contraceptive products on television and
radio over concern that they expose inquisitive children to the
subject of sex, local media reported on Saturday.
Read more
At G7, Cameron keeps lid on press pack's "Brexit" probing
ISE-SHIMA, Japan, May 28 (Reuters) - In Japan, ostensibly to
cover Prime Minister David Cameron's talks with other G7
leaders, travelling reporters had other things on their minds --
mainly next month's vote on whether Britain should ditch its
membership of the European Union.
Read more
cover Prime Minister David Cameron's talks with other G7
leaders, travelling reporters had other things on their minds --
mainly next month's vote on whether Britain should ditch its
membership of the European Union.
Read more
UPDATE 1-Colombia's ELN rebels free three kidnapped journalists
BOGOTA, May 27 (Reuters) - Three journalists held by
Colombia's Marxist ELN rebels were freed on Friday after going
missing over the past six days in the restive Norte de Santander
province.
Read more
Colombia's Marxist ELN rebels were freed on Friday after going
missing over the past six days in the restive Norte de Santander
province.
Read more
Friday, May 27, 2016
Spanish journalist held in Colombia freed, two others to be liberated soon
BOGOTA, May 27 (Reuters) - A Spanish journalist kidnapped by
Colombia's ELN rebels said on Friday she is safe after going
missing six days ago in restive Norte de Santander province, but
declined to give details on her disappearance.
Read more
Colombia's ELN rebels said on Friday she is safe after going
missing six days ago in restive Norte de Santander province, but
declined to give details on her disappearance.
Read more
Gawker privacy lawsuit evolves into battle of tech billionaires
SAN FRANCISCO, May 27 (Reuters) - Billionaire media owner
Pierre Omidyar is backing news and entertainment web site Gawker
Media in its lawsuit against wrestler Hulk Hogan, adding a new
twist to a case pitting technology money against press freedom.
Read more
Pierre Omidyar is backing news and entertainment web site Gawker
Media in its lawsuit against wrestler Hulk Hogan, adding a new
twist to a case pitting technology money against press freedom.
Read more
Trump rules out U.S. presidential debate with Sanders
FRESNO, Calif., May 27 (Reuters) - U.S. Republican
presidential candidate Donald Trump on Friday ruled out a
one-on-one debate with second-place Democratic hopeful Bernie
Sanders, killing off a potentially high-ratings television
spectacle.
Read more
presidential candidate Donald Trump on Friday ruled out a
one-on-one debate with second-place Democratic hopeful Bernie
Sanders, killing off a potentially high-ratings television
spectacle.
Read more
UPDATE 2-Sumner Redstone suggests he could oust Viacom board, CEO
May 27 (Reuters) - Sumner Redstone made clear on Friday that
he is considering ousting Viacom's chief executive and
the company's board of directors in the fierce power struggle
between Redstone's family and company executives over control of
the media empire.
Read more
he is considering ousting Viacom's chief executive and
the company's board of directors in the fierce power struggle
between Redstone's family and company executives over control of
the media empire.
Read more
UPDATE 1-U.S. drivers logging record miles in 2016
WASHINGTON, May 27 (Reuters) - American drivers logged a
record number of miles in the first three months of the year, as
travel rose 4.2 percent to 746 billion miles, the U.S.
Transportation Department said on Friday.
Read more
record number of miles in the first three months of the year, as
travel rose 4.2 percent to 746 billion miles, the U.S.
Transportation Department said on Friday.
Read more
Court sets June 7 hearing on Viacom CEO's removal from Redstone trust
May 27 (Reuters) - A Massachusetts court has scheduled a
June 7 hearing on Viacom Chief Executive Philippe
Dauman's removal from the trust that will control the media
company when Sumner Redstone dies or is deemed incapacitated.
Read more
June 7 hearing on Viacom Chief Executive Philippe
Dauman's removal from the trust that will control the media
company when Sumner Redstone dies or is deemed incapacitated.
Read more
U.S. drivers logging record miles in 2016
WASHINGTON, May 27 (Reuters) - The U.S. Transportation
Department said Friday that American drivers logged a record
number of miles in the first three months of the year, as travel
rose 4.2 percent to 746 billion miles.
Read more
Department said Friday that American drivers logged a record
number of miles in the first three months of the year, as travel
rose 4.2 percent to 746 billion miles.
Read more
WHO guidance on infant milk formulas gets lukewarm backing
GENEVA, May 27 (Reuters) - National health officials stopped
short on Friday of fully endorsing World Health Organization
(WHO) guidelines to end the aggressive marketing of breast milk
substitutes and baby foods for newborn and older infants.
Read more
short on Friday of fully endorsing World Health Organization
(WHO) guidelines to end the aggressive marketing of breast milk
substitutes and baby foods for newborn and older infants.
Read more
Motor racing-Kanaan fastest in Indy 500 final practice
INDIANAPOLIS, May 27 (Reuters) - Tony Kanaan set the pace in final practice on Friday for the 100th running of the Indianapolis 500, putting him in the hunt for a second win at the Brickyard.
Read more
Read more
Germany investigates publisher planning new edition of 'Mein Kampf'
BERLIN, May 27 (Reuters) - Public prosecutors in Germany are
investigating a publisher's plans to print a new edition of
Hitler's "Mein Kampf" without critical notes - a move that risks
violating laws against spreading Nazi propaganda.
Read more
investigating a publisher's plans to print a new edition of
Hitler's "Mein Kampf" without critical notes - a move that risks
violating laws against spreading Nazi propaganda.
Read more
Swedish crown princess' son Oscar christened in Stockholm
STOCKHOLM, May 27 (Reuters) - Swedish Crown Princess
Victoria's son was christened Oscar Carl Olof at a ceremony at
the royal palace chapel in Stockholm on Friday.
Read more
Victoria's son was christened Oscar Carl Olof at a ceremony at
the royal palace chapel in Stockholm on Friday.
Read more
UPDATE 1-UK competition watchdog investigates Sainsbury-Home Retail deal
May 27 (Reuters) - Britain's competition watchdog said it
was launching an inquiry into supermarket chain J Sainsbury
Plc's 1.4 billion pound ($2 billion) takeover of Home
Retail Plc.
Read more
was launching an inquiry into supermarket chain J Sainsbury
Plc's 1.4 billion pound ($2 billion) takeover of Home
Retail Plc.
Read more
UPDATE 1-Five jailed for life in Uganda for al Shabaab World Cup bombings
KAMPALA, May 27 (Reuters) - Five men were jailed for life in
Uganda on Friday for their role in two al Shabaab bombings that
killed 76 people among crowds watching the World Cup soccer
final in July 2010.
Read more
Uganda on Friday for their role in two al Shabaab bombings that
killed 76 people among crowds watching the World Cup soccer
final in July 2010.
Read more
Ugandan court sentences five men to life for 2010 bombings that killed 76 - Judge
KAMPALA, May 27 (Reuters) - A Ugandan High court sentenced
five people to life in prison on Friday for involvement in 2010
bombings that killed 76 people assembled to watch a soccer match
on television.
Read more
five people to life in prison on Friday for involvement in 2010
bombings that killed 76 people assembled to watch a soccer match
on television.
Read more
Syrian president denies media report of new Russian-drafted constitution
BEIRUT, May 27 (Reuters) - Syrian President Bashar al-Assad
denied media reports on Friday that his ally Russia had drawn up
a new constitution for his country and presented it to his
government as part of international efforts to end the long
conflict.
Read more
denied media reports on Friday that his ally Russia had drawn up
a new constitution for his country and presented it to his
government as part of international efforts to end the long
conflict.
Read more
WIDER IMAGE-Fishing for crabs: Venice's culinary Moeche delicacy
VENICE, Italy, May 27 (Reuters) - For a few days every
spring and autumn, the lagoon of canal-laced Venice yields a
very particular kind of catch and culinary treat.
Read more
spring and autumn, the lagoon of canal-laced Venice yields a
very particular kind of catch and culinary treat.
Read more
Sydney landmarks light up for annual festival
SYDNEY, May 27 (Reuters) - The Sydney Opera House was among
a number of landmarks illuminated in colour as the annual Vivid
Sydney festival opened on Friday with more than 90 light
installations dotted across the Australian city.
Read more
a number of landmarks illuminated in colour as the annual Vivid
Sydney festival opened on Friday with more than 90 light
installations dotted across the Australian city.
Read more
UPDATE 1-Automakers recall 12 million U.S. vehicles over Takata air bags
WASHINGTON, May 27 (Reuters) - Eight automakers announced a
recall affecting more than 12 million vehicles on Friday related
to defective Takata air bags, documents posted by U.S.
government regulators showed.
Read more
recall affecting more than 12 million vehicles on Friday related
to defective Takata air bags, documents posted by U.S.
government regulators showed.
Read more
Florence fines Uffizi Gallery director for ticket tout warning
FLORENCE, Italy, May 27 (Reuters) - The city of Florence has
fined the head of the Uffizi Gallery for broadcasting publicity
without authorisation after he aired a recording warning
visitors not to buy entry to one of the world's most famous art
museums from ticket touts.
Read more
fined the head of the Uffizi Gallery for broadcasting publicity
without authorisation after he aired a recording warning
visitors not to buy entry to one of the world's most famous art
museums from ticket touts.
Read more
Automakers recall 12 million U.S. vehicles over Takata air bags
WASHINGTON, May 27 (Reuters) - Eight automakers said on
Friday they are recalling more than 12 million vehicles in new
recalls related to defective Takata air bags, according
to documents posted by U.S. government regulators.
Read more
Friday they are recalling more than 12 million vehicles in new
recalls related to defective Takata air bags, according
to documents posted by U.S. government regulators.
Read more
Push for encryption law falters despite Apple case spotlight
WASHINGTON/ SAN FRANCISCO, May 27 (Reuters) - After a
rampage that left 14 people dead in San Bernardino, key U.S.
lawmakers pledged to seek a law requiring technology companies
to give law enforcement agencies a "back door" to encrypted
communications and electronic devices, such as the iPhone used
by one of the shooters.
Read more
rampage that left 14 people dead in San Bernardino, key U.S.
lawmakers pledged to seek a law requiring technology companies
to give law enforcement agencies a "back door" to encrypted
communications and electronic devices, such as the iPhone used
by one of the shooters.
Read more
UPDATE 7-Trump, Sanders explore staging unusual presidential debate
BISMARCK, N.D., May 26 (Reuters) - Republican Donald Trump
and Democrat Bernie Sanders on Thursday explored staging an
unconventional U.S. presidential debate that would sideline
Democratic front-runner Hillary Clinton and create a television
spectacle that could attract huge ratings.
Read more
and Democrat Bernie Sanders on Thursday explored staging an
unconventional U.S. presidential debate that would sideline
Democratic front-runner Hillary Clinton and create a television
spectacle that could attract huge ratings.
Read more
REFILE-Soccer-Manchester United appoint Mourinho as manager - club
LONDON, May 27 (Reuters) - Manchester United have appointed Jose Mourinho as their manager, the Premier League club said on Friday.
Read more
Read more
UPDATE 1-UK's KCOM expects lower full-year core earnings as costs rise
May 27 (Reuters) - KCOM Group Plc said on Friday it
expected core earnings for the current financial year to be
slightly lower than a year earlier, as the telecoms services
provider ramps up investments in its Hull and East Yorkshire
market to accelerate growth.
Read more
expected core earnings for the current financial year to be
slightly lower than a year earlier, as the telecoms services
provider ramps up investments in its Hull and East Yorkshire
market to accelerate growth.
Read more
UK'S KCOM sees lower full-year EBITDA as costs rise
May 27 (Reuters) - KCOM Group Plc on Friday said
its core earnings for the current financial year would be lower,
as the telecoms services provider ramps up investments in its
Hull and East Yorkshire markets to accelerate growth.
Read more
its core earnings for the current financial year would be lower,
as the telecoms services provider ramps up investments in its
Hull and East Yorkshire markets to accelerate growth.
Read more
Australian TV station sacks producer over Lebanon child recovery bungle
SYDNEY, May 27 (Reuters) - A producer of Australian current
affairs programme "60 Minutes" has been sacked after a bid to
snatch two children off a busy Beirut street went awry, landing
a mother and a television crew in prison, the broadcaster said
on Friday.
Read more
affairs programme "60 Minutes" has been sacked after a bid to
snatch two children off a busy Beirut street went awry, landing
a mother and a television crew in prison, the broadcaster said
on Friday.
Read more
Thursday, May 26, 2016
Push for encryption law falters despite Apple case spotlight
WASHINGTON/ SAN FRANCISCO, May 27 (Reuters) - After a
rampage that left 14 people dead in San Bernardino, key U.S.
lawmakers pledged to seek a law requiring technology companies
to give law enforcement agencies a "back door" to encrypted
communications and electronic devices, such as the iPhone used
by one of the shooters.
Read more
rampage that left 14 people dead in San Bernardino, key U.S.
lawmakers pledged to seek a law requiring technology companies
to give law enforcement agencies a "back door" to encrypted
communications and electronic devices, such as the iPhone used
by one of the shooters.
Read more
REFILE-China eyes turning South China Sea islands into Maldives-style resorts
BEIJING, May 27 (Reuters) - China aims to turn some of the
islands in the disputed South China Sea into Maldives-style
resorts catering for weddings with new developments on areas
that don't need a military presence, a state-run newspaper
quoted a top official on Friday as saying.
Read more
islands in the disputed South China Sea into Maldives-style
resorts catering for weddings with new developments on areas
that don't need a military presence, a state-run newspaper
quoted a top official on Friday as saying.
Read more
UPDATE 3-U.S. panel launches trade secret theft probe into China steel
WASHINGTON/SHANGHAI, May 27 (Reuters) - U.S. regulators on
Thursday launched an investigation into complaints by United
States Steel Corp that Chinese competitors stole its
secrets and fixed prices, in the latest trade spat between the
two countries.
Read more
Thursday launched an investigation into complaints by United
States Steel Corp that Chinese competitors stole its
secrets and fixed prices, in the latest trade spat between the
two countries.
Read more
Shenzhen bourse queries Wanda Cinema's planned purchase of movie affiliate
HONG KONG, May 27 (Reuters) - China's Wanda Cinema Line Corp
said it has been asked by the Shenzhen stock
exchange to provide more information about its proposed $6
billion acquisition of a sister company that owns U.S. film
studio Legendary Entertainment.
Read more
said it has been asked by the Shenzhen stock
exchange to provide more information about its proposed $6
billion acquisition of a sister company that owns U.S. film
studio Legendary Entertainment.
Read more
China regulator to launch drug pricing probe in June
SHANGHAI, May 27 (Reuters) - China will carry out
wide-ranging pricing inspections on drug firms, hospitals and
procurement bodies from June 1, the country's top watchdog said
on Friday, extending a tough cost-cutting campaign to reduce the
price of healthcare.
Read more
wide-ranging pricing inspections on drug firms, hospitals and
procurement bodies from June 1, the country's top watchdog said
on Friday, extending a tough cost-cutting campaign to reduce the
price of healthcare.
Read more
China says "resolutely opposes" US trade secret theft probe over steel
SHANGHAI, May 27 (Reuters) - China resolutely opposes a
probe by the U.S. International Trade Commission (ITC) into
complaints of trade secret thefts by Chinese steel companies and
will encourage its firms to legally defend themselves, China's
commerce ministry said on Friday.
Read more
probe by the U.S. International Trade Commission (ITC) into
complaints of trade secret thefts by Chinese steel companies and
will encourage its firms to legally defend themselves, China's
commerce ministry said on Friday.
Read more
UPDATE 1-Missing journalists held captive by Colombia's ELN rebels -gov't
BOGOTA, May 26 (Reuters) - The Colombian Marxist rebel
group, the National Liberation Army, has kidnapped three
journalists, including one from Spain, who disappeared in recent
days near the border with Venezuela, government officials said
on Thursday.
Read more
group, the National Liberation Army, has kidnapped three
journalists, including one from Spain, who disappeared in recent
days near the border with Venezuela, government officials said
on Thursday.
Read more
Justin Bieber is sued over riff in smash hit 'Sorry'
May 26 (Reuters) - Canadian pop star Justin Bieber and the
co-writers of his 2015 smash hit "Sorry" are being sued for
allegedly stealing a vocal riff from another artist who said she
used it on her own song a year earlier.
Read more
co-writers of his 2015 smash hit "Sorry" are being sued for
allegedly stealing a vocal riff from another artist who said she
used it on her own song a year earlier.
Read more
Three missing journalists being held by Colombia's ELN rebels -gov't
BOGOTA, May 26 (Reuters) - The Colombian Marxist rebel
group, the National Liberation Army, is responsible for the
disappearance of three journalists who disappeared in recent
days near the border with Venezuela, Colombia's defense minister
said on Thursday.
Read more
group, the National Liberation Army, is responsible for the
disappearance of three journalists who disappeared in recent
days near the border with Venezuela, Colombia's defense minister
said on Thursday.
Read more
UPDATE 3-Viacom CEO Dauman seeks trial by end-Sept over Redstone trust
May 26 (Reuters) - Viacom Inc Chief Executive
Officer Philippe Dauman has asked a Massachusetts court to
expedite a legal challenge to his removal from a trust that will
determine the entertainment company's future after controlling
shareholder Sumner Redstone dies or is deemed incapacitated.
Read more
Officer Philippe Dauman has asked a Massachusetts court to
expedite a legal challenge to his removal from a trust that will
determine the entertainment company's future after controlling
shareholder Sumner Redstone dies or is deemed incapacitated.
Read more
UPDATE 1-Philips Lighting unit valued at 3.0 billion euros in IPO
AMSTERDAM, May 26 (Reuters) - Philips said on
Thursday it has set pricing in the initial public offering of
its lighting division at 20 euros per share.
Read more
Thursday it has set pricing in the initial public offering of
its lighting division at 20 euros per share.
Read more
UPDATE 1-Oops! Senator's article tells of phantom meeting with Obama nominee
WASHINGTON, May 26 (Reuters) - Republican U.S. Senator Orrin
Hatch wrote in an opinion piece published on Thursday that his
meeting with Merrick Garland failed to change his view that the
Senate should not act on President Barack Obama's U.S. Supreme
Court nominee.
Read more
Hatch wrote in an opinion piece published on Thursday that his
meeting with Merrick Garland failed to change his view that the
Senate should not act on President Barack Obama's U.S. Supreme
Court nominee.
Read more
UPDATE 2-Microsoft, Facebook to build transatlantic subsea cable
May 26 (Reuters) - Microsoft Corp and Facebook Inc
have agreed to jointly build a subsea cable across the
Atlantic Ocean to meet growing demand for high-speed cloud and
online services.
Read more
have agreed to jointly build a subsea cable across the
Atlantic Ocean to meet growing demand for high-speed cloud and
online services.
Read more
UPDATE 3-Dollar stores buck sluggish retail trend
* Dollar General, Dollar Tree shares hit record high
(Adds details from conference call, analyst comment; updates
shares)
Read more
(Adds details from conference call, analyst comment; updates
shares)
Read more
Viacom CEO Dauman asks court to schedule trial over trust in Sept
May 26 (Reuters) - Viacom Inc Chief Executive
Officer Philippe Dauman asked a Massachusetts court to expedite
the legal challenge to his removal from the trust that will
determine the media conglomerate's future after controlling
shareholder Sumner Redstone dies or is deemed incapacitated,
according to a filing dated Wednesday.
Read more
Officer Philippe Dauman asked a Massachusetts court to expedite
the legal challenge to his removal from the trust that will
determine the media conglomerate's future after controlling
shareholder Sumner Redstone dies or is deemed incapacitated,
according to a filing dated Wednesday.
Read more
WRAPUP 2-U.S. business spending mired in weakness, but economy picking up
WASHINGTON, May 26 (Reuters) - U.S. business spending
intentions weakened in April for a third straight month amid
soft demand for machinery, but a surge in contracts to purchase
previously owned homes to a 10-year high supported views
economic growth was gaining speed.
Read more
intentions weakened in April for a third straight month amid
soft demand for machinery, but a surge in contracts to purchase
previously owned homes to a 10-year high supported views
economic growth was gaining speed.
Read more
UPDATE 2-Gawker hires bank, makes "contingency" plans after Hogan lawsuit
May 26 (Reuters) - Gawker Media, the New York-based owner of
online news and gossip website Gawker.com, is exploring a sale
following a court ruling that it pay $140 million to wrestler
Hulk Hogan over the publication of a sex tape, according to two
sources familiar with the matter.
Read more
online news and gossip website Gawker.com, is exploring a sale
following a court ruling that it pay $140 million to wrestler
Hulk Hogan over the publication of a sex tape, according to two
sources familiar with the matter.
Read more
Workers protest at McDonald's shareholder meeting for second day
OAK BROOK, Ill., May 26 (Reuters) - Hundreds of protesters
rallied outside McDonald's Corp headquarters as
shareholders on Thursday approved executive compensation and
voted down a slate of shareholder resolutions, including those
involving political contributions and antibiotic use in meat
production.
Read more
rallied outside McDonald's Corp headquarters as
shareholders on Thursday approved executive compensation and
voted down a slate of shareholder resolutions, including those
involving political contributions and antibiotic use in meat
production.
Read more
UPDATE 1-Turning 90, Winnie-the-Pooh meets Britain's queen in new story
LONDON, May 26 (Reuters) - Winnie-the-Pooh turns 90 this
year and the much-loved children's character returns for a new
adventure in which he meets someone else celebrating the same
significant birthday -- Britain's Queen Elizabeth.
Read more
year and the much-loved children's character returns for a new
adventure in which he meets someone else celebrating the same
significant birthday -- Britain's Queen Elizabeth.
Read more
UPDATE 2-Sears explores options for two businesses; loss widens
May 26 (Reuters) - Sears Holdings Corp on Thursday
said it would seek partnerships or other arrangements to expand
its home-improvement service business and some of its best-known
brands, sending its shares up 6 percent.
Read more
said it would seek partnerships or other arrangements to expand
its home-improvement service business and some of its best-known
brands, sending its shares up 6 percent.
Read more
UPDATE 1-South African retailer Foschini posts 18 pct profit jump
JOHANNESBURG, May 26 (Reuters) - South African clothing
retailer Foschini Group reported an 18 percent rise in
full-year profit on Thursday, boosted by last year's acquisition
of British chain Phase Eight.
Read more
retailer Foschini Group reported an 18 percent rise in
full-year profit on Thursday, boosted by last year's acquisition
of British chain Phase Eight.
Read more
BMW CEO poised to shake up top team - report
BERLIN, May 26 (Reuters) - BMW plans to appoint
new finance and purchasing chiefs as Chief Executive Harald
Krueger builds a younger management team to lead the German
carmaker into the future, a monthly magazine reported on
Thursday.
Read more
new finance and purchasing chiefs as Chief Executive Harald
Krueger builds a younger management team to lead the German
carmaker into the future, a monthly magazine reported on
Thursday.
Read more
Winnie-the-Pooh turns 90, meets Britain's queen in new book
LONDON, May 26 (Reuters) - Winnie-the-Pooh turns 90 this
year and the much-loved children's character returns for a new
adventure in which he meets someone else celebrating the same
significant birthday -- Britain's Queen Elizabeth.
Read more
year and the much-loved children's character returns for a new
adventure in which he meets someone else celebrating the same
significant birthday -- Britain's Queen Elizabeth.
Read more
UPDATE 1-Apparel retailer Abercrombie's sales fall for 13th straight qtr
May 26 (Reuters) - Teen apparel retailer Abercrombie & Fitch
Co's sales fell for the 13th straight quarter as
customer traffic to its stores dropped, mainly in markets
outside the United States.
Read more
Co's sales fell for the 13th straight quarter as
customer traffic to its stores dropped, mainly in markets
outside the United States.
Read more
U.S. durable goods surge on transportation, but business spending weak
WASHINGTON, May 26 (Reuters) - Orders for long-lasting U.S.
manufactured goods surged in April on strong demand for
transportation equipment and a range of other products, but
continued weakness in business spending plans suggested the
manufacturing rout was far from over.
Read more
manufactured goods surged in April on strong demand for
transportation equipment and a range of other products, but
continued weakness in business spending plans suggested the
manufacturing rout was far from over.
Read more
U.S. women get creative in fighting abortion stigma
NEW YORK, May 26 (Thomson Reuters Foundation) - For Amelia
Bonow, having an abortion left her relieved that she was not
forced to become a mother but, still, she kept her story mostly
to herself.
Read more
Bonow, having an abortion left her relieved that she was not
forced to become a mother but, still, she kept her story mostly
to herself.
Read more
Dollar General quarterly sales jump 7 pct
May 26 (Reuters) - Discount retailer Dollar General Corp
reported a 7 percent rise in quarterly net sales as more
customers came through the door and spent more on average.
Read more
reported a 7 percent rise in quarterly net sales as more
customers came through the door and spent more on average.
Read more
UPDATE 1-Deteriorating advertising markets hit Britain's Daily Mail
* Media industry suffers from falling advertising income
(Adds details on industry, shares, analyst reaction)
Read more
(Adds details on industry, shares, analyst reaction)
Read more
UPDATE 1-Iran's Khamenei calls for vigilance against West's 'soft war' - state TV
ANKARA, May 26 (Reuters) - Iran's Supreme Leader Ayatollah
Ali Khamenei called for vigilance against what he called a "soft
war" mounted by the West and aimed at weakening the clerical
establishment, state television reported on Thursday.
Read more
Ali Khamenei called for vigilance against what he called a "soft
war" mounted by the West and aimed at weakening the clerical
establishment, state television reported on Thursday.
Read more
Big Guards-owned company may lose out as Iran economy, politics shift
DUBAI, May 26 (Reuters) - Long used to lucrative state
contracts, Iran's biggest construction company faces leaner
times, as overseas firms better able to attract financing push
for orders in an economy trying to open to the world after years
of sanctions.
Read more
contracts, Iran's biggest construction company faces leaner
times, as overseas firms better able to attract financing push
for orders in an economy trying to open to the world after years
of sanctions.
Read more
For world records, Indian man removes teeth and gets over 500 tattoos
NEW DELHI, May 26 (Reuters) - An Indian man obsessed with
setting Guinness world records got 366 flags tattooed on his
body and had all his teeth removed so he could put nearly 500
drinking straws and more than 50 burning candles in his mouth.
Read more
setting Guinness world records got 366 flags tattooed on his
body and had all his teeth removed so he could put nearly 500
drinking straws and more than 50 burning candles in his mouth.
Read more
Wednesday, May 25, 2016
Thai trading firm Berli to raise $6 bln via equity, bond issues
BANGKOK, May 26 (Reuters) - Thailand's Berli Jucker Pcl
said it planned to sell bonds and new shares via a
rights issue and a private placement to raise up to 214 billion
baht ($6.02 billion) and pay debt used to fund its acquisition
of Big C Supercenter Pcl.
Read more
said it planned to sell bonds and new shares via a
rights issue and a private placement to raise up to 214 billion
baht ($6.02 billion) and pay debt used to fund its acquisition
of Big C Supercenter Pcl.
Read more
KKR interested in becoming financial sponsor to Takata - Nikkei
TOKYO, May 26 (Reuters) - U.S. investment fund Kohlberg
Kravis Roberts (KKR) is interested in offering financial
support to embattled air bag maker Takata Corp, Japan's
Nikkei reported on Thursday.
Read more
Kravis Roberts (KKR) is interested in offering financial
support to embattled air bag maker Takata Corp, Japan's
Nikkei reported on Thursday.
Read more
UPDATE 1-Costco posts flat comparable U.S. sales for first time in 6 yrs
May 25 (Reuters) - Warehouse club retailer Costco Wholesale
Corp on Wednesday reported no growth in quarterly
comparable sales at U.S. stores for the first time in more than
six years, hurt by weak sales in April.
Read more
Corp on Wednesday reported no growth in quarterly
comparable sales at U.S. stores for the first time in more than
six years, hurt by weak sales in April.
Read more
Costco's comparable sales miss estimates on weak sales in April
May 25 (Reuters) - Warehouse club retailer Costco Wholesale
Corp on Wednesday reported lower-than-expected
quarterly comparable sales, hurt by weak sales in April.
Read more
Corp on Wednesday reported lower-than-expected
quarterly comparable sales, hurt by weak sales in April.
Read more
UPDATE 4-Takata hires Lazard, seeks cash infusion after air bag deaths
May 25 (Reuters) - Takata Corp confirmed on
Wednesday it has hired investment bank Lazard Ltd to lead a
financial restructuring in an effort to resolve costs stemming
from its recall of tens of millions of faulty air bags linked to
at least 13 deaths and more than 100 injuries worldwide.
Read more
Wednesday it has hired investment bank Lazard Ltd to lead a
financial restructuring in an effort to resolve costs stemming
from its recall of tens of millions of faulty air bags linked to
at least 13 deaths and more than 100 injuries worldwide.
Read more
UPDATE 2-Azerbaijan frees journalist whose case raised outcry in West
BAKU, May 25 (Reuters) - Azerbaijan on Wednesday released
investigative journalist Khadija Ismayilova from jail, where she
was serving a seven-and-a-half year sentence, in an apparent
move to deflect Western criticism of the ex-Soviet republic's
human rights record.
Read more
investigative journalist Khadija Ismayilova from jail, where she
was serving a seven-and-a-half year sentence, in an apparent
move to deflect Western criticism of the ex-Soviet republic's
human rights record.
Read more
U.S. hails release of journalist by Azerbaijan -State Department
WASHINGTON, May 25 (Reuters) - The U.S. government welcomed
the release on Wednesday of Radio Free Europe journalist Khadija
Ismayilova from a prison in Azerbaijan, the State Department
said.
Read more
the release on Wednesday of Radio Free Europe journalist Khadija
Ismayilova from a prison in Azerbaijan, the State Department
said.
Read more
UPDATE 1-McDonald's closes headquarters due to expected worker protests
CHICAGO/LOS ANGELES, May 25 (Reuters) - McDonald's Corp
said on Wednesday it temporarily closed its suburban
Chicago headquarters for a third year in a row as fast-food
workers plan to protest at the company's annual shareholders
meeting with calls for wages of at least $15 an hour and union
rights.
Read more
said on Wednesday it temporarily closed its suburban
Chicago headquarters for a third year in a row as fast-food
workers plan to protest at the company's annual shareholders
meeting with calls for wages of at least $15 an hour and union
rights.
Read more
COLUMN-Billionaire backing of Hogan won't upend $140 mln Gawker verdict: Frankel
NEW YORK May 25 (Reuters) - Eight hundred years ago, the
Silicon Valley billionaire Peter Thiel might have been guilty of
crime for allegedly funding a privacy suit by the pro wrestler
Hulk Hogan.
Read more
Silicon Valley billionaire Peter Thiel might have been guilty of
crime for allegedly funding a privacy suit by the pro wrestler
Hulk Hogan.
Read more
Chilean retailer Cencosud sees big yearly jump in 1st qtr profit
SANTIAGO, May 25 (Reuters) - Chilean retailer Cencosud
reported a net profit of 107.7 billion pesos ($159.5
million) in the first quarter of 2016, a significant jump from a
net profit of 22.059 billion pesos the same period last year.
Read more
reported a net profit of 107.7 billion pesos ($159.5
million) in the first quarter of 2016, a significant jump from a
net profit of 22.059 billion pesos the same period last year.
Read more
U.S. shopping mall REITs hurt by department store woes
NEW YORK, May 25 (Reuters) - After a spate of disappointing
quarterly results from big-name retailers, mall real estate
investment trusts (REITs) have come under pressure.
Read more
quarterly results from big-name retailers, mall real estate
investment trusts (REITs) have come under pressure.
Read more
For some U.S. companies, millennials are giving way to Generation Z
NEW YORK, May 25 (Reuters) - A small but growing number of
companies are starting to target Generation Z - the 69 million
high school-age kids and younger who will soon outnumber the
millennials before them - and they are not just pitching typical
teen products such as acne creams and video games.
Read more
companies are starting to target Generation Z - the 69 million
high school-age kids and younger who will soon outnumber the
millennials before them - and they are not just pitching typical
teen products such as acne creams and video games.
Read more
CORRECTED-Dollar stores' results may shelter battered retail shareholders
SAN FRANCISCO, May 25 (Reuters) - Investors shell-shocked by
dismal quarterly reports from department stores will look for
new signs of hope for brick-and-mortar retailers on Thursday as
discount sellers Dollar General Corp and Dollar Tree Inc
hand in their results.
Read more
dismal quarterly reports from department stores will look for
new signs of hope for brick-and-mortar retailers on Thursday as
discount sellers Dollar General Corp and Dollar Tree Inc
hand in their results.
Read more
Takata hires Lazard Ltd as financial advisor to consider restructuring alternatives
May 25 (Reuters) - Air bag manufacturer Takata Corp
hired investment bank Lazard to lead efforts to seek new
investment and help resolve financial issues stemming from its
record-setting recall of tens of millions of inflators that can
rupture, sources said Wednesday.
Read more
hired investment bank Lazard to lead efforts to seek new
investment and help resolve financial issues stemming from its
record-setting recall of tens of millions of inflators that can
rupture, sources said Wednesday.
Read more
Court strikes down U.S. FCC broadcaster sales rules
WASHINGTON, May 25 (Reuters) - A U.S. federal appeals court
on Wednesday struck down regulations aimed at cracking down on
joint sales agreements by local broadcasters, saying an overall
review of media ownership rules was long overdue and needed to
be completed first.
Read more
on Wednesday struck down regulations aimed at cracking down on
joint sales agreements by local broadcasters, saying an overall
review of media ownership rules was long overdue and needed to
be completed first.
Read more
REFILE-McDonald's headquarters closed due to worker wage protests
LOS ANGELES, May 25 (Reuters) - McDonald's Corp has
temporarily closed its headquarters for the third year in a row
as worker wage protests targeted the fast-food company's annual
meeting, it said on Wednesday.
Read more
temporarily closed its headquarters for the third year in a row
as worker wage protests targeted the fast-food company's annual
meeting, it said on Wednesday.
Read more
UPDATE 2-Cringin': British youth unimpressed with pro-EU campaign video
LONDON, May 25 (Reuters) - A campaign video urging young
Britons to "make sure you're #VOTIN" to stay in the European
Union in a June 23 referendum backfired on Wednesday, with some
young people denouncing it as patronising.
Read more
Britons to "make sure you're #VOTIN" to stay in the European
Union in a June 23 referendum backfired on Wednesday, with some
young people denouncing it as patronising.
Read more
UPDATE 1-Luxury jeweler Tiffany reports steepest sales drop in 6 qtrs
May 25 (Reuters) - Tiffany & Co reported its
steepest sales drop in six quarters, missing analysts'
estimates, as a strong dollar discouraged tourists from buying
its high-end jewelry and ate into revenue from markets outside
the United States.
Read more
steepest sales drop in six quarters, missing analysts'
estimates, as a strong dollar discouraged tourists from buying
its high-end jewelry and ate into revenue from markets outside
the United States.
Read more
Radio Free Europe journalist freed from jail in Azerbaijan
BAKU, May 25 (Reuters) - Radio Free Europe journalist
Khadija Ismayilova has been freed from jail in Azerbaijan on
Wednesday after the country's Supreme Court amended her
imprisonment to 3 1/2 years of suspended sentence.
Read more
Khadija Ismayilova has been freed from jail in Azerbaijan on
Wednesday after the country's Supreme Court amended her
imprisonment to 3 1/2 years of suspended sentence.
Read more
UPDATE 1-Swedish court upholds Assange arrest warrant
STOCKHOLM, May 25 (Reuters) - A Swedish lower court upheld
on Wednesday the arrest warrant for Wikileaks founder Julian
Assange, saying the stay at Ecuador's London embassy did not
equal detention.
Read more
on Wednesday the arrest warrant for Wikileaks founder Julian
Assange, saying the stay at Ecuador's London embassy did not
equal detention.
Read more
Germany's Merkel says not worried about EU-Turkey migrant deal
BERLIN, May 25 (Reuters) - German Chancellor Angela Merkel
said on Wednesday she was not worried about the migrant pact
between the European Union and Turkey, but more time was needed
to address sticking points on visa liberalisation for Ankara.
Read more
said on Wednesday she was not worried about the migrant pact
between the European Union and Turkey, but more time was needed
to address sticking points on visa liberalisation for Ankara.
Read more
RPT-Investors bank on bookies for Brexit trends as pollsters sow confusion
LONDON, May 24 (Reuters) - Investors seeking guidance on
whether Britons will vote to leave the European Union are
relying as much on bookmakers and punters as the established
trackers of political trends, opinion pollsters.
Read more
whether Britons will vote to leave the European Union are
relying as much on bookmakers and punters as the established
trackers of political trends, opinion pollsters.
Read more
Cringin': British youth unimpressed with pro-EU campaign video
LONDON, May 25 (Reuters) - A campaign video urging young
Britons to vote to stay in the European Union in a June 23
referendum backfired on Wednesday, with young people taking to
Twitter in droves to denounce it as patronising.
Read more
Britons to vote to stay in the European Union in a June 23
referendum backfired on Wednesday, with young people taking to
Twitter in droves to denounce it as patronising.
Read more
UPDATE 1-M&S says turnaround plan to hit profit in short term
LONDON, May 25 (Reuters) - British retailer Marks & Spencer
said on Wednesday its new boss's plan to turn around the
firm's underperforming clothing and homewares business would
impact short-term profit.
Read more
said on Wednesday its new boss's plan to turn around the
firm's underperforming clothing and homewares business would
impact short-term profit.
Read more
Outsourcing firm Serco forecasts higher full-year profit
May 25 (Reuters) - British outsourcing firm Serco Group Plc
forecast 2016 profit ahead of current market
expectations, citing the benefits of several contracts running
longer than previous anticipated and others being more
profitable.
Read more
forecast 2016 profit ahead of current market
expectations, citing the benefits of several contracts running
longer than previous anticipated and others being more
profitable.
Read more
Tuesday, May 24, 2016
Mitsubishi Motors restates earnings due to special loss from mileage scandal
TOKYO, May 25 (Reuters) - Mitsubishi Motors Corp on
Wednesday restated its financial results for the past business
year to reflect a special loss of 19.1 billion yen ($173.73
million) related to its manipulation of fuel economy data.
Read more
Wednesday restated its financial results for the past business
year to reflect a special loss of 19.1 billion yen ($173.73
million) related to its manipulation of fuel economy data.
Read more
UPDATE 1-Bidders fail to reach minimums for two rare US coins at auction
NEW YORK, May 24 (Reuters) - Two legendary U.S. coins, one
of them more than 200 years old, that were on the auction block
on Tuesday in New York City did not sell after bidders failed to
reach minimum reserved prices, according to Sotheby's.
Read more
of them more than 200 years old, that were on the auction block
on Tuesday in New York City did not sell after bidders failed to
reach minimum reserved prices, according to Sotheby's.
Read more
Smucker takes on supermarkets with bold coffee price cut
NEW YORK, May 25 (Reuters) - When J.M. Smucker Co,
the biggest U.S. coffee roaster, changes prices of its popular
retail brands, it usually follows big swings up or down in
benchmark bean prices.
Read more
the biggest U.S. coffee roaster, changes prices of its popular
retail brands, it usually follows big swings up or down in
benchmark bean prices.
Read more
Australia shares rebound 1.7 pct, energy, resources firms lead
SYDNEY/WELLINGTON, May 25 (Reuters) - Australian shares
bounced sharply off a two-week low on Wednesday, led by gains in
the energy and resources sectors as strong data in the United
States boosted commodity prices and Wall Street stocks.
Read more
bounced sharply off a two-week low on Wednesday, led by gains in
the energy and resources sectors as strong data in the United
States boosted commodity prices and Wall Street stocks.
Read more
Toyota says all Japan car plants to operate between May 30-June 4
TOKYO, May 25 (Reuters) - Toyota Motor Corp said on
Wednesday all production lines at its domestic factories would
operate between May 30 and June 4, after output was partially
suspended following earthquakes in southern Japan last month.
Read more
Wednesday all production lines at its domestic factories would
operate between May 30 and June 4, after output was partially
suspended following earthquakes in southern Japan last month.
Read more
War on terrier: Australia deputy PM dogs Depp with 'Hannibal Lecter' jibe
SYDNEY, May 25 (Reuters) - Australian Deputy Prime Minister
Barnaby Joyce on Wednesday billed himself as Hollywood star
Johnny Depp's Hannibal Lecter, playing mind games in his head
and escalating a "war on terrier".
Read more
Barnaby Joyce on Wednesday billed himself as Hollywood star
Johnny Depp's Hannibal Lecter, playing mind games in his head
and escalating a "war on terrier".
Read more
Childhood goes up in smoke for Indonesian tobacco farm workers
PROBOLINGGO, Indonesia, May 25 (Reuters) - Thirteen-year-old
Siti Maryam says she suffers headaches and nausea after
harvesting tobacco leaves with her bare hands during four years
of working on her family's farm in Indonesia.
Read more
Siti Maryam says she suffers headaches and nausea after
harvesting tobacco leaves with her bare hands during four years
of working on her family's farm in Indonesia.
Read more
Trump, aiming to offset money disadvantage, escalates Clinton attacks
WASHINGTON/NEW YORK, May 24 (Reuters) - Donald Trump this
week took his use of sordid accusations against Democrat Hillary
Clinton to levels unprecedented in modern U.S. presidential
campaigns, in the latest example of the Republican's unorthodox
playbook.
Read more
week took his use of sordid accusations against Democrat Hillary
Clinton to levels unprecedented in modern U.S. presidential
campaigns, in the latest example of the Republican's unorthodox
playbook.
Read more
Strong overseas demand boosts UK car production in April
LONDON, May 25 (Reuters) - British car production rose 16.4
percent year-on-year in April, boosted by strong demand from
overseas, an industry body said on Wednesday.
Read more
percent year-on-year in April, boosted by strong demand from
overseas, an industry body said on Wednesday.
Read more
UPDATE 1-Australia's Wesfarmers signals $1.6 bln hit on Target, coal
SYDNEY, May 25 (Reuters) - Wesfarmers Ltd,
Australia's biggest company by sales, on Wednesday said it will
take impairment charges totalling up to A$2.2 billion ($1.6
billion) in fiscal 2016 due to poor coal prices and market
conditions at department store Target.
Read more
Australia's biggest company by sales, on Wednesday said it will
take impairment charges totalling up to A$2.2 billion ($1.6
billion) in fiscal 2016 due to poor coal prices and market
conditions at department store Target.
Read more
UPDATE 1-Daughter of detained Hong Kong bookseller appeals for U.S. help
WASHINGTON, May 24 (Reuters) - The daughter of a Hong
Kong-based bookseller detained in China appealed on Tuesday for
U.S. help in pressing China for information about his status and
securing his release.
Read more
Kong-based bookseller detained in China appealed on Tuesday for
U.S. help in pressing China for information about his status and
securing his release.
Read more
UPDATE 2-California sues Johnson & Johnson over marketing for pelvic mesh
NEW YORK, May 24 (Reuters) - California has accused Johnson
& Johnson of failing to warn doctors and patients about
the severity and frequency of complications associated with its
pelvic mesh devices.
Read more
& Johnson of failing to warn doctors and patients about
the severity and frequency of complications associated with its
pelvic mesh devices.
Read more
COLUMN-In defense of Ben Rhodes, Obama's foreign policy supremo
May 24 (Reuters) - Until earlier this month, relatively few
people outside the U.S. foreign policy community knew the name
Ben Rhodes. I suspect he wishes that were still the case.
Read more
people outside the U.S. foreign policy community knew the name
Ben Rhodes. I suspect he wishes that were still the case.
Read more
Rare U.S. coins expected to fetch up to $27 million at New York auction
NEW YORK, May 24 (Reuters) - Two legendary U.S. coins, one
of them more than 200 years old, were expected to bring a total
as high as $27 million when they hit the auction block on
Tuesday in New York City, according to Sotheby's.
Read more
of them more than 200 years old, were expected to bring a total
as high as $27 million when they hit the auction block on
Tuesday in New York City, according to Sotheby's.
Read more
WRAPUP 2-U.S. new homes sales hit 8-year high, point to firming economy
WASHINGTON, May 24 (Reuters) - New U.S. single-family home
sales recorded their biggest gain in 24 years in April, touching
a more than eight-year high as purchases increased broadly, a
sign of growing confidence in the economy's prospects.
Read more
sales recorded their biggest gain in 24 years in April, touching
a more than eight-year high as purchases increased broadly, a
sign of growing confidence in the economy's prospects.
Read more
Hacker who exposed Hillary Clinton's email server expected to plead guilty
WASHINGTON, May 24 (Reuters) - A Romanian computer hacker
who revealed the existence of a private email server used by
Hillary Clinton when she was secretary of state is expected to
plead guilty to hacking-related offenses, a U.S. law enforcement
official said on Tuesday.
Read more
who revealed the existence of a private email server used by
Hillary Clinton when she was secretary of state is expected to
plead guilty to hacking-related offenses, a U.S. law enforcement
official said on Tuesday.
Read more
Herbalife shares volatile amid conflicting FTC settlement reports
May 24 (Reuters) - Shares of Herbalife Ltd jumped as
much as 8.5 percent amid conflicting reports on whether the
company had reached an agreement in principle with the U.S.
Federal Trade Commission to settle a probe into whether it runs
a pyramid scheme.
Read more
much as 8.5 percent amid conflicting reports on whether the
company had reached an agreement in principle with the U.S.
Federal Trade Commission to settle a probe into whether it runs
a pyramid scheme.
Read more
Google offers new features to local search ads
May 24 (Reuters) - Google Maps will soon carry promotional
offers from nearby businesses along with ads and allow users to
browse product inventories and menus.
Read more
offers from nearby businesses along with ads and allow users to
browse product inventories and menus.
Read more
Sumner Redstone appoints two new members to his trust
NEW YORK, May 24 (Reuters) - Sumner Redstone, chairman
emeritus of Viacom Inc said on Tuesday he has appointed
two new trustees to a trust that will determine the direction
of the media conglomerate and CBS.
Read more
emeritus of Viacom Inc said on Tuesday he has appointed
two new trustees to a trust that will determine the direction
of the media conglomerate and CBS.
Read more
U.S. new home sales race to eight-year high, prices soar
WASHINGTON, May 24 (Reuters) - New U.S. single-family home
sales surged to a more than eight-year high in April and prices
hit a record high, offering further evidence of a pick-up in
economic growth early in the second quarter.
Read more
sales surged to a more than eight-year high in April and prices
hit a record high, offering further evidence of a pick-up in
economic growth early in the second quarter.
Read more
Saudi Arabia's rulers adapt message for social media age
DUBAI/RIYADH, May 24 (Reuters) - The participation of tens
of thousands of young Saudis in a social media debate over plans
to reform the kingdom's oil-reliant economy last month marked a
shift in how Riyadh's conservative rulers interact with their
subjects.
Read more
of thousands of young Saudis in a social media debate over plans
to reform the kingdom's oil-reliant economy last month marked a
shift in how Riyadh's conservative rulers interact with their
subjects.
Read more
Barington launches proxy fight against apparel retailer Chico's
May 24 (Reuters) - Barington Capital said on Tuesday it
nominated two directors to the board of Chico's FAS Inc,
launching a proxy fight over expenses at the women's apparel
retailer.
Read more
nominated two directors to the board of Chico's FAS Inc,
launching a proxy fight over expenses at the women's apparel
retailer.
Read more
Video gaming makes cautious return to TV with new league
May 24 (Reuters) - Sean Gares has played video games in
sold-out arenas and for millions more fans online, but soon he
will be playing in front of a new audience: U.S. television
viewers.
Read more
sold-out arenas and for millions more fans online, but soon he
will be playing in front of a new audience: U.S. television
viewers.
Read more
Private collectors display their Banksy art in Rome
ROME, May 24 (Reuters) - The mysterious British street
artist known as Banksy has stencilled on surfaces from London to
Gaza, but now a large collection of his work is going on display
in a much more conventional setting - a museum in Rome.
Read more
artist known as Banksy has stencilled on surfaces from London to
Gaza, but now a large collection of his work is going on display
in a much more conventional setting - a museum in Rome.
Read more
UPDATE 1-Toll Brothers' profit, revenue beat on higher home sales
May 24 (Reuters) - Toll Brothers Inc's quarterly
revenue rose nearly 31 percent, beating analysts' estimates, as
the company sold more luxury homes at higher prices, mainly in
the West market and California.
Read more
revenue rose nearly 31 percent, beating analysts' estimates, as
the company sold more luxury homes at higher prices, mainly in
the West market and California.
Read more
Booker International Prize winner urges fellow Koreans to read more
SEOUL, May 24 (Reuters) - South Korean author Han Kang,
whose novel "The Vegetarian" had sold just 20,000 copies in her
home country before it became a candidate for Britain's
prestigious Man Booker International Prize, urged Koreans on
Tuesday to read more.
Read more
whose novel "The Vegetarian" had sold just 20,000 copies in her
home country before it became a candidate for Britain's
prestigious Man Booker International Prize, urged Koreans on
Tuesday to read more.
Read more
Hardliner elected as head of Iran's top clerical body
DUBAI, May 24 (Reuters) - A powerful anti-Western cleric was
chosen on Tuesday as the head of Iran's new Assembly of Experts,
in a sign that hardliners are still in firm control of the body
in charge of choosing the next supreme leader.
Read more
chosen on Tuesday as the head of Iran's new Assembly of Experts,
in a sign that hardliners are still in firm control of the body
in charge of choosing the next supreme leader.
Read more
UPDATE 1-EU's Timmermans to meet Polish PM on governance on Tuesday
BRUSSELS, May 24 (Reuters) - The deputy head of the European
Commission, Frans Timmermans, will meet Polish Prime Minister
Beata Szydlo on Tuesday to discuss government moves on the
judiciary that have raised EU concerns about the rule of law.
Read more
Commission, Frans Timmermans, will meet Polish Prime Minister
Beata Szydlo on Tuesday to discuss government moves on the
judiciary that have raised EU concerns about the rule of law.
Read more
Kingfisher says sales growth driven by UK, Poland
LONDON, May 24 (Reuters) - Kingfisher, Europe's
largest home improvement retailer, said on Tuesday it had made a
solid start to its new financial year, with sales growth driven
by its markets in Britain and Poland.
Read more
largest home improvement retailer, said on Tuesday it had made a
solid start to its new financial year, with sales growth driven
by its markets in Britain and Poland.
Read more
Monday, May 23, 2016
RPT-Indonesia eases foreign ownership rules for retail, port sectors
JAKARTA, May 24 (Reuters) - Indonesia has eased foreign
ownership rules in the retail sector and port services as part
of efforts to liberalise its economy, Southeast Asia's largest.
Read more
ownership rules in the retail sector and port services as part
of efforts to liberalise its economy, Southeast Asia's largest.
Read more
Climate change takes center stage at Exxon, Chevron annual meetings
HOUSTON, May 24 (Reuters) - Exxon Mobil Corp and
Chevron Corp will face their toughest-ever push by
shareholders concerned about a warming world at annual meetings
on Wednesday, as the Paris accord to tackle climate change
ratchets up investor pressure on two of the world's largest oil
companies.
Read more
Chevron Corp will face their toughest-ever push by
shareholders concerned about a warming world at annual meetings
on Wednesday, as the Paris accord to tackle climate change
ratchets up investor pressure on two of the world's largest oil
companies.
Read more
Australia shares hit by stumble in energy firms, NZ at 2-wk lows
SYDNEY/WELLINGTON, May 24 (Reuters) - Australian shares were
down for a second day in subdued trade on Tuesday, as falling
oil prices pressured energy firms although miners proved
resilient to more weakness in iron ore.
Read more
down for a second day in subdued trade on Tuesday, as falling
oil prices pressured energy firms although miners proved
resilient to more weakness in iron ore.
Read more
UPDATE 1-Nissan mulls sale of stake in auto parts supplier Calsonic Kansei -Nikkei
* Nissan: considering various options for Calsonic Kansei
(Adds Nissan comment, share moves, background)
Read more
(Adds Nissan comment, share moves, background)
Read more
UPDATE 1-Facebook says found no political bias on Trending Topics
SAN FRANCISCO, May 23 (Reuters) - Facebook Inc will
no longer rely on a top-10 list of websites to help choose items
for its Trending Topics section, even though an internal probe
showed no evidence of political bias in the selection process,
the company said on Monday.
Read more
no longer rely on a top-10 list of websites to help choose items
for its Trending Topics section, even though an internal probe
showed no evidence of political bias in the selection process,
the company said on Monday.
Read more
Clinton turns down Fox News offer to debate Sanders again
WASHINGTON, May 23 (Reuters) - Hillary Clinton, the
front-runner in the race for the Democratic presidential
nomination, turned down on Monday an invitation by Fox News to
debate rival Bernie Sanders in California, despite having agreed
previously to a debate in May.
Read more
front-runner in the race for the Democratic presidential
nomination, turned down on Monday an invitation by Fox News to
debate rival Bernie Sanders in California, despite having agreed
previously to a debate in May.
Read more
Bangladesh Bank heist trail goes cold in Manila as probes falter
MANILA, May 24 (Reuters) - More than three months have
passed since $81 million was stolen in a brazen cyber-heist from
Bangladesh's central bank and sent to Manila - yet authorities
in the Philippines appear no closer to nabbing those who
laundered most of the money through a bank and casinos here.
Read more
passed since $81 million was stolen in a brazen cyber-heist from
Bangladesh's central bank and sent to Manila - yet authorities
in the Philippines appear no closer to nabbing those who
laundered most of the money through a bank and casinos here.
Read more
UPDATE 1-Toyota recalls 1.6 million U.S. vehicles for Takata air bags
WASHINGTON, May 23 (Reuters) - Toyota Motor Corp
said on Monday it will recall almost 1.6 million additional U.S.
vehicles for front passenger side Takata air bag inflators that
could rupture.
Read more
said on Monday it will recall almost 1.6 million additional U.S.
vehicles for front passenger side Takata air bag inflators that
could rupture.
Read more
Facebook says no evidence of political bias found on 'Trending Topics'
May 23 (Reuters) - Facebook Inc said on Monday that
an investigation into its editorial practices had found no
evidence of political bias in the selection or prominence of
stories shown on its Trending Topics feature.
Read more
an investigation into its editorial practices had found no
evidence of political bias in the selection or prominence of
stories shown on its Trending Topics feature.
Read more
CORRECTED-Groupe SEB buys Germany's WMF for 1.02 bln euros
FRANKFURT, May 23 (Reuters) - French household equipment
manufacturer Groupe SEB said on Monday it agreed to
buy German peer WMF for 1.02 billion euros ($1.14 billion) from
private equity firm KKR.
Read more
manufacturer Groupe SEB said on Monday it agreed to
buy German peer WMF for 1.02 billion euros ($1.14 billion) from
private equity firm KKR.
Read more
COLUMN-Can Donald Trump buzz his way to the White House?
May 23 (Reuters) - Creating buzz -- that curious mixture of
baloney and authenticity that generates excitement -- is not
exactly new as a campaign strategy. But Donald Trump is taking
it to new heights.
Read more
baloney and authenticity that generates excitement -- is not
exactly new as a campaign strategy. But Donald Trump is taking
it to new heights.
Read more
Soccer-Manchester United sack manager Van Gaal
May 23 (Reuters) - Manchester United manager Louis van Gaal has left the Premier League club, he said in a statement on Monday.
Read more
Read more
UPDATE 1-Soccer-Manchester United sack manager Van Gaal
May 23 (Reuters) - Manchester United manager Louis van Gaal has left the Premier League club, he said in a statement on Monday.
Read more
Read more
Drake holds off Beyonce for top spot on Billboard album chart
LOS ANGELES, May 23 (Reuters) - R&B artist Drake held his
spot atop the weekly U.S. Billboard 200 album chart on Monday,
keeping Beyonce from the coveted No. 1 position.
Read more
spot atop the weekly U.S. Billboard 200 album chart on Monday,
keeping Beyonce from the coveted No. 1 position.
Read more
UPDATE 1-Versace names former head of Alexander McQueen as new CEO
MILAN, May 23 (Reuters) - Italian fashion house Versace
named the former head of British brand Alexander McQueen as its
new chief executive, in an unexpected move ahead of a planned
stock market listing against a backdrop of slowing luxury
industry growth.
Read more
named the former head of British brand Alexander McQueen as its
new chief executive, in an unexpected move ahead of a planned
stock market listing against a backdrop of slowing luxury
industry growth.
Read more
UPDATE 2-Viacom CEO Dauman sues over removal from Sumner Redstone trust
May 23 (Reuters) - Viacom Inc Chief Executive Officer
Philippe Dauman and a longtime Viacom director went to court on
Monday to stop a move that would remove them from a trust that
will determine the direction of the media conglomerate and CBS.
Read more
Philippe Dauman and a longtime Viacom director went to court on
Monday to stop a move that would remove them from a trust that
will determine the direction of the media conglomerate and CBS.
Read more
MIDEAST STOCKS-Saudi slumps over 3 pct, other bourses mixed
DUBAI, May 23 (Reuters) - Saudi Arabia's stock index
sank 3.1 percent on Monday as investors sold shares
indiscriminately, while the United Arab Emirates and Qatar held
onto small gains. Egypt fell as foreign funds exited the market.
Read more
sank 3.1 percent on Monday as investors sold shares
indiscriminately, while the United Arab Emirates and Qatar held
onto small gains. Egypt fell as foreign funds exited the market.
Read more
UPDATE 1-Germany's Merkel tells Erdogan Turkey needs strong parliament
ISTANBUL, May 23 (Reuters) - German Chancellor Angela Merkel
said on Monday she had told Turkish President Tayyip Erdogan
that his country needed a strong parliament and voiced concern
over the Turkish parliament's decision to strip lawmakers of
immunity.
Read more
said on Monday she had told Turkish President Tayyip Erdogan
that his country needed a strong parliament and voiced concern
over the Turkish parliament's decision to strip lawmakers of
immunity.
Read more
U.S. consumers buck investors' rush to self-driving cars -study
DETROIT, May 23 (Reuters) - U.S. consumers still resist the
notion of self-driving cars, according to a University of
Michigan study released on Monday, the latest sign that
investors and automakers may be rushing into a business where
demand is limited at best.
Read more
notion of self-driving cars, according to a University of
Michigan study released on Monday, the latest sign that
investors and automakers may be rushing into a business where
demand is limited at best.
Read more
Famed Italian photographer Berengo Gardin looks back on his changing world
ROME, May 23 (Reuters) - Italy's most famous photo reporter,
Gianni Berengo Gardin, has spent more than half a century
documenting a disappearing world and now recognises that even
his own profession is fading fast.
Read more
Gianni Berengo Gardin, has spent more than half a century
documenting a disappearing world and now recognises that even
his own profession is fading fast.
Read more
UPDATE 1-Tribune gets $70.5 mln investment from billionaire Soon-Shiong
May 23 (Reuters) - Tribune Publishing Co, the owner
of the Los Angeles Times and the Chicago Tribune, said
billionaire Patrick Soon-Shiong invested $70.5 million in the
company, becoming its second largest shareholder.
Read more
of the Los Angeles Times and the Chicago Tribune, said
billionaire Patrick Soon-Shiong invested $70.5 million in the
company, becoming its second largest shareholder.
Read more
Bata Zivojinovic, famed film star in old Yugoslavia, dies at 82
BELGRADE, May 23 (Reuters) - Velimir "Bata" Zivojinovic, one
of old Yugoslavia's best known and prolific film stars who often
played partisans fighting Nazi occupation in World War Two, died
on Monday at 82 of multiple illnesses, Tanjug news agency
reported.
Read more
of old Yugoslavia's best known and prolific film stars who often
played partisans fighting Nazi occupation in World War Two, died
on Monday at 82 of multiple illnesses, Tanjug news agency
reported.
Read more
UPDATE 2-Toshiba moves to slash capital base to enable payout, get fresh funds
TOKYO, May 23 (Reuters) - Japan's Toshiba Corp
plans to more than halve its capital base, a move that may
enable it to resume paying dividends quicker and get a fresh
capital injection as it aims to recover from a $1.3 billion
accounting scandal last year.
Read more
plans to more than halve its capital base, a move that may
enable it to resume paying dividends quicker and get a fresh
capital injection as it aims to recover from a $1.3 billion
accounting scandal last year.
Read more
Tribune rejects Gannett's latest offer, gets $70.5 mln investment
May 23 (Reuters) - Tribune Publishing Co, the owner
of the Los Angeles Times and the Chicago Tribune, rejected
Gannett Co Inc's latest takeover offer but said it would
allow Gannett to access some confidential corporate information.
Read more
of the Los Angeles Times and the Chicago Tribune, rejected
Gannett Co Inc's latest takeover offer but said it would
allow Gannett to access some confidential corporate information.
Read more
German investor group calls for independent probe of VW scandal
FRANKFURT, May 23 (Reuters) - German investors' association
DSW called on Monday for an independent audit of Volkswagen's
emissions test-rigging scandal in addition to the
carmaker's internal probe.
Read more
DSW called on Monday for an independent audit of Volkswagen's
emissions test-rigging scandal in addition to the
carmaker's internal probe.
Read more
Walt Disney's Mickey Mouse, animation trove up for auction
LOS ANGELES, May 23 (Reuters) - From Walt Disney's
hand-signed Mickey Mouse doll to his animator's desk and chairs,
a trove of the late animation entrepreneur's memorabilia will go
up for auction next month and offers a glimpse into the origins
of the "mouse house."
Read more
hand-signed Mickey Mouse doll to his animator's desk and chairs,
a trove of the late animation entrepreneur's memorabilia will go
up for auction next month and offers a glimpse into the origins
of the "mouse house."
Read more
Croatia offers for sale electrical concern Koncar and hoteliers
ZAGREB, May 23 (Reuters) - The Croatian privatisation agency
CERP invited investors on Monday to express interest in a stake
in electrical concern Koncar, part if a move to reduce
public debt.
Read more
CERP invited investors on Monday to express interest in a stake
in electrical concern Koncar, part if a move to reduce
public debt.
Read more
UPDATE 1-Fiat Chrysler shares fall on report of German sales ban threat
MILAN, May 23 (Reuters) - Shares in Fiat Chrysler
fell more than 5 percent on Monday after Germany's Bild
newspaper reported that the carmaker could be prohibited from
selling cars in Germany if evidence of disregard of emissions
rules was found.
Read more
fell more than 5 percent on Monday after Germany's Bild
newspaper reported that the carmaker could be prohibited from
selling cars in Germany if evidence of disregard of emissions
rules was found.
Read more
UPDATE 1-Multiple blasts hit two Syrian coastal cities
BEIRUT, May 23 (Reuters) - Multiple explosions hit the
Syrian coastal cities of Jableh and Tartous on Monday, killing
and wounding a number of people in an area that has up to now
escaped the worst of the conflict, monitors and state-run TV
said.
Read more
Syrian coastal cities of Jableh and Tartous on Monday, killing
and wounding a number of people in an area that has up to now
escaped the worst of the conflict, monitors and state-run TV
said.
Read more
BUZZ-Burberry: falls as Deutsche Bank cuts target
** Burberry falls 1 pct, one of the top FTSE 100
faller as Deutsche Bank cuts PT to 1250p from 1350p,
rating "hold"
Read more
faller as Deutsche Bank cuts PT to 1250p from 1350p,
rating "hold"
Read more
Sunday, May 22, 2016
Uber deal shows divide in labor's drive for role in "gig economy"
May 23 (Reuters) - The International Association of
Machinists and Aerospace Workers trumpeted an agreement reached
earlier this month to represent New York Uber drivers, saying it
"gives organized labor an opportunity to shape the new economy
in a way that supports and values workers and their families."
Read more
Machinists and Aerospace Workers trumpeted an agreement reached
earlier this month to represent New York Uber drivers, saying it
"gives organized labor an opportunity to shape the new economy
in a way that supports and values workers and their families."
Read more
As Obama begins Vietnam visit, BBC reporter says been banned
HANOI, May 23 (Reuters) - A BBC correspondent in Vietnam for
U.S. President Barack Obama's visit to the country said on
Monday he had been ordered by the Vietnamese authorities to stop
reporting apparently because they suspected he had met one of
the government's sharpest critics.
Read more
U.S. President Barack Obama's visit to the country said on
Monday he had been ordered by the Vietnamese authorities to stop
reporting apparently because they suspected he had met one of
the government's sharpest critics.
Read more
CORRECTED-To halt smartphone slide, Samsung rewrites playbook
SEOUL, May 23 (Reuters) - From the way it chooses
smartphone components to the models it brings to market, Samsung
Electronics has undergone a painful process of
breaking from its past to reverse a slide in its handset
business.
Read more
smartphone components to the models it brings to market, Samsung
Electronics has undergone a painful process of
breaking from its past to reverse a slide in its handset
business.
Read more
UPDATE 1-Singer The Weeknd dedicates Billboard music award to Prince
May 22 (Reuters) - Canadian singer The Weeknd dedicated the
first trophy of the 2016 Billboard Music Awards to Prince on
Sunday to open a night that was also expected to include a
tribute to the "Purple Rain" superstar by Madonna and a
much-awaited performance by Kesha.
Read more
first trophy of the 2016 Billboard Music Awards to Prince on
Sunday to open a night that was also expected to include a
tribute to the "Purple Rain" superstar by Madonna and a
much-awaited performance by Kesha.
Read more
Spanish journalist feared kidnapped by Colombian rebels
BOGOTA, May 22 (Reuters) - A Spanish journalist working in
Colombia for almost two decades has disappeared while reporting
a story on the illegal drugs industry and is feared kidnapped by
Marxist rebels operating in the area, military sources said on
Sunday.
Read more
Colombia for almost two decades has disappeared while reporting
a story on the illegal drugs industry and is feared kidnapped by
Marxist rebels operating in the area, military sources said on
Sunday.
Read more
UK advisers struggling with Chinese stock listings - survey
LONDON, May 23 (Reuters) - Almost two-thirds of the advisory
firms who assist in stock exchange listings in London say they
are struggling to guide Chinese firms through the process, a
survey showed, in the latest sign of problems with such initial
public offerings.
Read more
firms who assist in stock exchange listings in London say they
are struggling to guide Chinese firms through the process, a
survey showed, in the latest sign of problems with such initial
public offerings.
Read more
UPDATE 1-Japan April exports suffer biggest drop in 3 months, bode ill for growth
(Adds MOF official comment, detail)
* April exports -10.1 pct yr/yr in line with f'cast, Mar
-6.8 pct
* Yen gains, emerging mkt slowdown weigh on shipments
* Imports -23.3 pct yr/yr vs f'cast -19.0 pct, Mar -14.9
* Trade balance logs third straight month of surplus
* Kumamoto quakes hurt U.S.-bound car shipments
By Tetsushi Kajimoto
TOKYO, May 23 (Reuters) - Japan's exports fell in April at
the fastest pace in three months as a stronger yen and weakness
in China a
Read more
Billboard Music Awards to feature performances by Madonna, Celine Dion
May 22 (Reuters) - The 2016 Billboard Music Awards were
expected to deliver a note of melancholy along with the
celebration on Sunday as Madonna pays tribute to Prince and
Celine Dion gives her first televised performance since the
death of her husband.
Read more
expected to deliver a note of melancholy along with the
celebration on Sunday as Madonna pays tribute to Prince and
Celine Dion gives her first televised performance since the
death of her husband.
Read more
To halt smartphone slide, Samsung rewrites playbook
SEOUL, May 23 (Reuters) - From the way it chooses
smartphone components to the models it brings to market, Samsung
Electronics has undergone a painful process of
breaking from its past to reverse a slide in its handset
business.
Read more
smartphone components to the models it brings to market, Samsung
Electronics has undergone a painful process of
breaking from its past to reverse a slide in its handset
business.
Read more
Egypt sends robot submarine to help plane crash search
CAIRO (Reuters) - Egypt has sent a robot submarine to join the hunt for an EgyptAir plane which crashed in some of the deepest waters of the Mediterranean Sea with 66 people on board, President Abdel Fattah al-Sisi said on Sunday.
Read more
Read more
Pakistan says U.S. drone strike violated its sovereignty
KABUL/WASHINGTON (Reuters) - Pakistan accused the United States on Sunday of violating its sovereignty with a drone strike against the leader of the Afghan Taliban, in perhaps the most high-profile U.S. incursion into Pakistani territory since the 2011 raid to kill Osama bin Laden.
Read more
Read more
Ken Loach's "I, Daniel Blake" wins Palme d'Or at Cannes Film Festival
CANNES, France, May 22 (Reuters) - "I, Daniel Blake" by
British director Ken Loach won the Palme d'Or for Best Picture
at the 69th Cannes Film Festival on Sunday.
Read more
British director Ken Loach won the Palme d'Or for Best Picture
at the 69th Cannes Film Festival on Sunday.
Read more
UPDATE 1-Box Office: 'Angry Birds' Soars in U.S. Debut, 'Captain America' Stays Powerful
LOS ANGELES, May 22 (Variety.com) - "The Angry Birds Movie"
has flown to victory at the U.S. box office with a $39 million
opening weekend at 3,932 locations, handily topping "Captain
America: Civil War" and "Neighbors 2: Sorority Rising."
Read more
has flown to victory at the U.S. box office with a $39 million
opening weekend at 3,932 locations, handily topping "Captain
America: Civil War" and "Neighbors 2: Sorority Rising."
Read more
Box Office: 'Angry Birds' Soars in U.S. Debut, 'Captain America' Stays Powerful
LOS ANGELES, May 22 (Variety.com) - "The Angry Birds Movie"
has flown to victory at the U.S. box office with a $39 million
opening weekend at 3,932 locations, handily topping "Captain
America: Civil War" and "Neighbors 2: Sorority Rising."
Read more
has flown to victory at the U.S. box office with a $39 million
opening weekend at 3,932 locations, handily topping "Captain
America: Civil War" and "Neighbors 2: Sorority Rising."
Read more
MIDEAST STOCKS-Gulf markets fall as investors take profits; Egypt sags
DUBAI, May 22 (Reuters) - Stock markets in the Gulf fell on
Sunday as investors took profits, taking their cue from a dip in
Brent oil futures at the end of last week, while
concerns over security risks put pressure on Egyptian shares.
Read more
Sunday as investors took profits, taking their cue from a dip in
Brent oil futures at the end of last week, while
concerns over security risks put pressure on Egyptian shares.
Read more
UPDATE 1-UK's Cameron warns Brexit would drive up food prices
LONDON, May 22 (Reuters) - British Prime Minister David
Cameron warned voters on Sunday that they would face higher
grocery bills if the country decides to leave the European Union
at a June 23 referendum, citing a potential drop in the value of
sterling.
Read more
Cameron warned voters on Sunday that they would face higher
grocery bills if the country decides to leave the European Union
at a June 23 referendum, citing a potential drop in the value of
sterling.
Read more
UPDATE 1-Australian climber dies while descending from Everest summit
* Strydom belonged to same group as Dutch climber who died
on Friday
(Adds comments from local climbing company)
Read more
on Friday
(Adds comments from local climbing company)
Read more
UK's Cameron says Trump comments on Muslim ban "very dangerous"
LONDON, May 22 (Reuters) - British Prime Minister David
Cameron said on Sunday U.S. presidential candidate Donald
Trump's comments on banning Muslims from entering the United
States were "very dangerous", adding to his criticism of the
presumptive Republican nominee.
Read more
Cameron said on Sunday U.S. presidential candidate Donald
Trump's comments on banning Muslims from entering the United
States were "very dangerous", adding to his criticism of the
presumptive Republican nominee.
Read more
UK's Cameron warns Brexit would drive up food prices
LONDON, May 22 (Reuters) - British Prime Minister David
Cameron warned voters on Sunday that they would face higher
grocery bills if the country decides to leave the European Union
at a June 23 referendum, citing a potential drop in the value of
sterling.
Read more
Cameron warned voters on Sunday that they would face higher
grocery bills if the country decides to leave the European Union
at a June 23 referendum, citing a potential drop in the value of
sterling.
Read more
RPT-No pain, no gain: M&S boss to map out rocky road to recovery
LONDON, May 19 (Reuters) - The new boss of British retailer
Marks & Spencer will deliver some uncomfortable truths
to investors next week: turning around its clothing business
will require yet more costly change and could squeeze short-term
profits.
Read more
Marks & Spencer will deliver some uncomfortable truths
to investors next week: turning around its clothing business
will require yet more costly change and could squeeze short-term
profits.
Read more
UPDATE 1-Soccer-Mourinho set for United, Van Gaal won't discuss leaving
LONDON, May 21 (Reuters) - Jose Mourinho will be appointed Manchester United manager next week to replace Louis van Gaal despite Saturday's FA Cup final victory over Crystal Palace, British media have reported.
Read more
Read more
Saturday, May 21, 2016
H&M says working to improve labour conditions in India, Cambodia factories
NEW DELHI, May 22 (Thomson Reuters Foundation) - Swedish
fashion retailer Hennes & Mauritz (H&M) said it was
collaborating with trade unions, government as well as the U.N.
to improve workers' conditions after a study found violations in
supplying garment factories in India and Cambodia.
Read more
fashion retailer Hennes & Mauritz (H&M) said it was
collaborating with trade unions, government as well as the U.N.
to improve workers' conditions after a study found violations in
supplying garment factories in India and Cambodia.
Read more
UPDATE 2-Soccer-Sublime Lingard volley seals Man United FA Cup win
LONDON, May 21 (Reuters) - Manchester United substitute Jesse Lingard's superb volley in extra time secured a 2-1 win over Crystal Palace in the FA Cup final at Wembley Stadium on Saturday for their first major trophy in three years.
Read more
Read more
Viacom says its board has not had access to Redstone
NEW YORK, May 21 (Reuters) - Viacom Inc said on
Saturday its board members have been unable to meet with
controlling shareholder Sumner Redstone because his daughter
Shari is blocking access to the media mogul.
Read more
Saturday its board members have been unable to meet with
controlling shareholder Sumner Redstone because his daughter
Shari is blocking access to the media mogul.
Read more
Denmark's Refn targets teens with cannibal horror film
CANNES, France, May 21 (Reuters) - Some critics stood up and
booed at cannibalistic horror movie "The Neon Demon" when it
screened at Cannes Film Festival this week, but they weren't its
target audience, said Danish director Winding Refn.
Read more
booed at cannibalistic horror movie "The Neon Demon" when it
screened at Cannes Film Festival this week, but they weren't its
target audience, said Danish director Winding Refn.
Read more
Soccer-Barcelona agree kit deal extension with Nike
MADRID, May 21 (Reuters) - Barcelona have agreed an extension to their kit-manufacturing deal with Nike which Spanish media reported was the most lucrative arrangement of its kind in the world.
Read more
Read more
Apple boss Cook meets PM Modi to plot India strategy
NEW DELHI/MUMBAI, May 21 (Reuters) - Apple Inc
chief Tim Cook met Indian Prime Minister Narendra Modi on
Saturday, concluding a four-day trip to India that could set the
stage for Apple's expansion plans in one of the world's fastest
growing smartphone markets.
Read more
chief Tim Cook met Indian Prime Minister Narendra Modi on
Saturday, concluding a four-day trip to India that could set the
stage for Apple's expansion plans in one of the world's fastest
growing smartphone markets.
Read more
UPDATE 1-Sumner Redstone removes Viacom CEO and board member from trust
May 20 (Reuters) - Media mogul Sumner Redstone has removed
Viacom CEO Philippe Dauman and Viacom board member
George Abrams from the seven-person trust that will determine
the fate of both Viacom and CBS in the event of his
incapacitation or death, two people familiar with the situation
told Reuters Friday.
Read more
Viacom CEO Philippe Dauman and Viacom board member
George Abrams from the seven-person trust that will determine
the fate of both Viacom and CBS in the event of his
incapacitation or death, two people familiar with the situation
told Reuters Friday.
Read more
Friday, May 20, 2016
Sumner Redstone removes Viacom CEO and board member from trust
May 20 (Reuters) - Media mogul Sumner Redstone has removed
Viacom CEO Philippe Dauman and Viacom board member
George Abrams from the seven-person trust that will determine
the fate of both Viacom and CBS in the event of his
incapacitation or death, two people familiar with the situation
told Reuters Friday.
Read more
Viacom CEO Philippe Dauman and Viacom board member
George Abrams from the seven-person trust that will determine
the fate of both Viacom and CBS in the event of his
incapacitation or death, two people familiar with the situation
told Reuters Friday.
Read more
Microsoft to crack down on content promoting extremist acts
SAN FRANCISCO, May 20 (Reuters) - With the world growing
more concerned about attacks by militant groups on civilians,
Microsoft Corp on Friday outlined new policies to crack
down what it called "terrorist content" on some of its consumer
services.
Read more
more concerned about attacks by militant groups on civilians,
Microsoft Corp on Friday outlined new policies to crack
down what it called "terrorist content" on some of its consumer
services.
Read more
Actor Alan Young, human star of horse sitcom 'Mister Ed,' dies at 96
May 20 (Reuters) - Emmy award-winning actor Alan Young, who
rode to enduring TV fame alongside a talking horse on the
popular 1960s sitcom "Mister Ed" and co-starred in the classic
sci-fi film "The Time Machine," has died at age 96, his manager
said on Friday.
Read more
rode to enduring TV fame alongside a talking horse on the
popular 1960s sitcom "Mister Ed" and co-starred in the classic
sci-fi film "The Time Machine," has died at age 96, his manager
said on Friday.
Read more
U.S. moves to unseal Islamic State defector's case
NEW YORK, May 20 (Reuters) - U.S. prosecutors on Friday
sought to unseal the to-date secret criminal case of an Islamic
State defector after NBC News broadcast an interview with the
New York man in which he spoke out against the militant Islamist
group.
Read more
sought to unseal the to-date secret criminal case of an Islamic
State defector after NBC News broadcast an interview with the
New York man in which he spoke out against the militant Islamist
group.
Read more
Restaurant chain O'Charley's says payment card network breached
May 20 (Reuters) - O'Charley's Inc said the payment card
network at its restaurants had been breached, possibly affecting
cards used between March 8 and April 18.
Read more
network at its restaurants had been breached, possibly affecting
cards used between March 8 and April 18.
Read more
Dean Foods' Davis said he threw phone in creek to hinder FBI
NEW YORK, May 20 (Reuters) - Dean Foods Co's former chairman Thomas Davis said he threw his cellphone into a Dallas creek to hide his role in an insider-trading scheme after FBI agents visited his home, according to a transcript of his guilty plea.
Read more
Read more
SunEdison agrees to withdraw request for independent examiner
NEW YORK, May 20 (Reuters) - SunEdison Inc has
tentatively agreed to withdraw a request for an independent
examiner for the renewable energy company's bankruptcy, its
attorneys said in court on Friday, enabling its creditors to
pursue their own investigation.
Read more
tentatively agreed to withdraw a request for an independent
examiner for the renewable energy company's bankruptcy, its
attorneys said in court on Friday, enabling its creditors to
pursue their own investigation.
Read more
J. Walter Thompson, ex-CEO reject accuser's bias claims
NEW YORK, May 20 (Reuters) - Lawyers for former J. Walter
Thompson chief executive Gustavo Martinez on Friday struck back
against a high-ranking colleague who accused him of sexist and
racist behavior, saying her high-profile lawsuit failed to show
a hostile work environment at the advertising agency.
Read more
Thompson chief executive Gustavo Martinez on Friday struck back
against a high-ranking colleague who accused him of sexist and
racist behavior, saying her high-profile lawsuit failed to show
a hostile work environment at the advertising agency.
Read more
UPDATE 1-GM SUV compensation program will cost about $100 mln - source
WASHINGTON, May 20 (Reuters) - General Motors Co said
on Friday it will give debit cards or extended warranties to
146,000 North American owners of new sport utility vehicles to
compensate them because the automaker overstated the vehicles'
fuel efficiency.
Read more
on Friday it will give debit cards or extended warranties to
146,000 North American owners of new sport utility vehicles to
compensate them because the automaker overstated the vehicles'
fuel efficiency.
Read more
UPDATE 1-Indicted Congolese opposition leader to fly to South Africa for treatment
KINSHASA, May 20 (Reuters) - An opposition presidential
candidate in Democratic Republic of Congo, indicted on Thursday
for allegedly hiring mercenaries in a plot against the state,
will leave the country on Friday night to receive medical
treatment in South Africa, his lawyer said.
Read more
candidate in Democratic Republic of Congo, indicted on Thursday
for allegedly hiring mercenaries in a plot against the state,
will leave the country on Friday night to receive medical
treatment in South Africa, his lawyer said.
Read more
European shares boosted by banks and mining stocks
* FTSEurofirst 300 index ends up 1.3 percent
* Italian bank UniCredit lifted by asset sale talk
* Cartier owner Richemont slumps on cautious outlook
* Firmer copper prices boost mining stocks
Read more
Beyonce's Ivy Park apparel has `rigorous ethical' programme, retailer says
MUMBAI, May 20 (Thomson Reuters Foundation) - Ivy Park, the
sportswear brand that is a joint venture between singer Beyonce
and Topshop tycoon Philip Green, has defended itself against a
Sun newspaper report that says its supplier in Sri Lanka uses
"sweatshop slaves" to produce the clothing.
Read more
sportswear brand that is a joint venture between singer Beyonce
and Topshop tycoon Philip Green, has defended itself against a
Sun newspaper report that says its supplier in Sri Lanka uses
"sweatshop slaves" to produce the clothing.
Read more
Coca-Cola HBC leads Britain's FTSE share index higher
LONDON, May 20 (Reuters) - Britain's top share index ended
sharply higher on Friday, with bottling company Coca-Cola HBC
rallying on the prospects of a margin recovery and
commodities stocks partially recovering after slumping in the
previous two straight sessions.
Read more
sharply higher on Friday, with bottling company Coca-Cola HBC
rallying on the prospects of a margin recovery and
commodities stocks partially recovering after slumping in the
previous two straight sessions.
Read more
UPDATE 1-FDA to modify food label guidelines to include added sugar details
May 20 (Reuters) - The U.S. Food and Drug Administration
said it would update guidelines for nutritional labels on
packaged food and beverages to include information on added
sugar and to prominently display calorie count and servings.
Read more
said it would update guidelines for nutritional labels on
packaged food and beverages to include information on added
sugar and to prominently display calorie count and servings.
Read more
Tears, catharsis and a standing ovation in Cannes for Anspach's last film
CANNES, France, May 20 (Reuters) - Solveig Anspach's "The
Together Project" (L'Effet Aquatique) got a long standing
ovation at a Cannes Film Festival "Directors Fortnight" showing,
described by her co-writer as cathartic after the director's
death last year.
Read more
Together Project" (L'Effet Aquatique) got a long standing
ovation at a Cannes Film Festival "Directors Fortnight" showing,
described by her co-writer as cathartic after the director's
death last year.
Read more
Apple boss to meet India's Modi and his gold iPhone
MUMBAI, May 20 (Reuters) - When Apple Inc CEO Tim
Cook meets Indian Prime Minister Narendra Modi this weekend as
part of an Asian tour aimed at boosting sales, he will sit down
with a man whose penchant for a selfie - often using his gold
iPhone - can get him into trouble.
Read more
Cook meets Indian Prime Minister Narendra Modi this weekend as
part of an Asian tour aimed at boosting sales, he will sit down
with a man whose penchant for a selfie - often using his gold
iPhone - can get him into trouble.
Read more
REFILE-British celebrities back remaining in EU in letter to newspaper
LONDON, May 20 (Reuters) - British actors Benedict
Cumberbatch, Keira Knightley, Chiwetel Ejiofor and Helena Bonham
Carter are among more than 250 celebrities from the arts world
who have signed a letter urging Britons to vote to remain in the
European Union.
Read more
Cumberbatch, Keira Knightley, Chiwetel Ejiofor and Helena Bonham
Carter are among more than 250 celebrities from the arts world
who have signed a letter urging Britons to vote to remain in the
European Union.
Read more
Unsold U.S. retail inventory a challenge after dismal earnings season
CHICAGO, May 20 (Reuters) - A pile-up of unsold inventory
across U.S. retail chains is likely to squeeze profits further
as stores struggle to make up for a weak first quarter marred by
weak sales and share declines.
Read more
across U.S. retail chains is likely to squeeze profits further
as stores struggle to make up for a weak first quarter marred by
weak sales and share declines.
Read more
CORRECTED-World's largest cruise ship, Harmony of Seas, docks at UK port
SOUTHAMPTON, England, May 17 (Reuters) - The world's largest
cruise ship, Harmony of the Seas, arrived in the British port of
Southampton on Tuesday ahead of its maiden cruise later this
month.
Read more
cruise ship, Harmony of the Seas, arrived in the British port of
Southampton on Tuesday ahead of its maiden cruise later this
month.
Read more
French firms tweak CEO pay guidelines in bid to avoid new law
PARIS, May 20 (Reuters) - Companies like Renault
will have to pay more attention to shareholder votes against
executive pay awards, France's two main business organisations
said on Friday, as they tightened guidelines in the hope of
avoiding threatened legislation.
Read more
will have to pay more attention to shareholder votes against
executive pay awards, France's two main business organisations
said on Friday, as they tightened guidelines in the hope of
avoiding threatened legislation.
Read more
BUZZ-Ladbrokes: hits 2-month high on regulator's merger review
** British bookmaker Ladbrokes jumps as much as 12
pct to its highest since March 2, top FTSE midcap gainer
Read more
pct to its highest since March 2, top FTSE midcap gainer
Read more
REFILE-Britain's FTSE led higher by Coca-Cola HBC and miners
LONDON, May 20 (Reuters) - UK shares rose on Friday, set for
their biggest daily gain in more than a month after a rise in
bottling company Coca-Cola HBC and a rally in mining
stocks.
Read more
their biggest daily gain in more than a month after a rise in
bottling company Coca-Cola HBC and a rally in mining
stocks.
Read more
VW, IG Metall union reach deal in pay talks for German plants
HAMBURG, May 20 (Reuters) - Volkswagen and
Germany's powerful IG Metall labour union have agreed a pay
increase for around 120,000 workers at the carmaker's western
German plants, the union said on Friday, without providing
further details.
Read more
Germany's powerful IG Metall labour union have agreed a pay
increase for around 120,000 workers at the carmaker's western
German plants, the union said on Friday, without providing
further details.
Read more
UPDATE 1-Richemont sees no improvement in trading as Asia stays weak
ZURICH, May 20 (Reuters) - Cartier owner Richemont
expects no improvement in the trading environment after
underlying sales growth slowed further in the final quarter of
its fiscal year and April sales fell 15 percent, hit by weak
demand for watches in Hong Kong and Europe.
Read more
expects no improvement in the trading environment after
underlying sales growth slowed further in the final quarter of
its fiscal year and April sales fell 15 percent, hit by weak
demand for watches in Hong Kong and Europe.
Read more
Thursday, May 19, 2016
Australia shares rebound, set for weekly gain; NZ more subdued
SYDNEY/WELLINGTON, May 20 (Reuters) - Australian shares
staged a modest rebound on Friday after two sessions of declines
led by gains in the mining sector and some of the major banks,
setting the market on track to end the week a touch higher.
Read more
staged a modest rebound on Friday after two sessions of declines
led by gains in the mining sector and some of the major banks,
setting the market on track to end the week a touch higher.
Read more
S.Korea won bounces after sharp losses, stocks set for 4th weekly loss
* Won, KOSPI set to mark another losing week
* KOSPI wobbles amid thin trading
SEOUL, May 20 (Reuters) - The South Korean won
rebounded on Friday after a recent sharp decline that was
fuelled by expectations that the U.S. central bank will raise
interest rates in the next few months.
The won stood at 1,187.7 to the dollar as of 0221
GMT, up 0.3 percent compared with the previous close of 1,191.7.
New York Federal Reserve President William Dudley's comments
overnight added to ex
Read more
* KOSPI wobbles amid thin trading
SEOUL, May 20 (Reuters) - The South Korean won
rebounded on Friday after a recent sharp decline that was
fuelled by expectations that the U.S. central bank will raise
interest rates in the next few months.
The won stood at 1,187.7 to the dollar as of 0221
GMT, up 0.3 percent compared with the previous close of 1,191.7.
New York Federal Reserve President William Dudley's comments
overnight added to ex
Read more
U.S., Europeans promise to clarify doing business with Iran
WASHINGTON, May 19 (Reuters) - The United States and
European powers will work to clear up any confusion companies
may have about doing business with Iran following Tehran's
acceptance of a deal to curb its nuclear program, the countries
said in a statement on Thursday.
Read more
European powers will work to clear up any confusion companies
may have about doing business with Iran following Tehran's
acceptance of a deal to curb its nuclear program, the countries
said in a statement on Thursday.
Read more
Apple unveils new store design in San Francisco
May 19 (Reuters) - Apple Inc unveiled a new vision
for its hugely successful retail stores on Thursday, aiming to
give shoppers the experience of setting foot in the headquarters
of the company credited with inventing the smartphone.
Read more
for its hugely successful retail stores on Thursday, aiming to
give shoppers the experience of setting foot in the headquarters
of the company credited with inventing the smartphone.
Read more
Mail-order catalog company Sundance explores sale -sources
May 19 (Reuters) - Sundance Holdings Group LLC, the U.S.
artisan mail-order catalog company founded by actor Robert
Redford, is working with investment bank Lazard Ltd to
explore a sale of the company, according to people familiar with
the matter.
Read more
artisan mail-order catalog company founded by actor Robert
Redford, is working with investment bank Lazard Ltd to
explore a sale of the company, according to people familiar with
the matter.
Read more
UPDATE 1-Gap to close 75 Old Navy, Banana Republic stores outside N.America
May 19 (Reuters) - Gap Inc said it would shut 75 Old
Navy and Banana Republic stores overseas markets, as the
struggling apparel retailer focuses on its North American market
to revive its fortunes.
Read more
Navy and Banana Republic stores overseas markets, as the
struggling apparel retailer focuses on its North American market
to revive its fortunes.
Read more
American Eagle's Aerie makes a splash as Victoria's Secret falters
May 19 (Reuters) - American Eagle Outfitters Inc's
lingerie and swimwear brand Aerie is the toast of the season as
it quietly takes away the spotlight from runway favorite
Victoria's Secret.
Read more
lingerie and swimwear brand Aerie is the toast of the season as
it quietly takes away the spotlight from runway favorite
Victoria's Secret.
Read more
UPDATE 2-Cinemark theater chain not liable in 2012 Colorado movie massacre
DENVER, May 19 (Reuters) - The owners of a Colorado movie
theater where a gunman killed 12 people during the screening of
a Batman film in 2012 are not liable for the mass shooting, a
jury ruled on Thursday, in the first civil lawsuit stemming from
the incident.
Read more
theater where a gunman killed 12 people during the screening of
a Batman film in 2012 are not liable for the mass shooting, a
jury ruled on Thursday, in the first civil lawsuit stemming from
the incident.
Read more
SunEdison bankruptcy loan hearing moved to Friday
NEW YORK, May 19 (Reuters) - A scheduled hearing on Thursday
in U.S. Bankruptcy Court for the Southern District of New York
on a $300 million bankruptcy loan for renewable energy company
SunEdison Inc has been pushed back one day, until
Friday.
Read more
in U.S. Bankruptcy Court for the Southern District of New York
on a $300 million bankruptcy loan for renewable energy company
SunEdison Inc has been pushed back one day, until
Friday.
Read more
UPDATE 3-CBS newsman Morley Safer dead at age 84, retired days ago
* Cited singer Dolly Parton among his favorite interviews
(Adds died at home, retired in declining health, Safer's final
message on Twitter)
Read more
(Adds died at home, retired in declining health, Safer's final
message on Twitter)
Read more
Cinemark theater chain not liable in 2012 Colorado movie massacre -jury
DENVER, May 19 (Reuters) - The owners of a movie theater
where 12 people were killed during a screening of the Batman
film "The Dark Knight Rises" are not liable for the mass
shooting, a jury ruled on Thursday, in the first civil lawsuit
stemming from the 2012 incident, a court spokesman said.
Read more
where 12 people were killed during a screening of the Batman
film "The Dark Knight Rises" are not liable for the mass
shooting, a jury ruled on Thursday, in the first civil lawsuit
stemming from the 2012 incident, a court spokesman said.
Read more
UPDATE 2-UAW chief says union to endorse either Clinton or Sanders 'soon'
DETROIT, May 19 (Reuters) - United Auto Workers President
Dennis Williams said on Thursday the union will endorse either
Democrat Hillary Clinton or Bernie Sanders for U.S. president
"soon," and called for unity among Democrats behind the eventual
nominee.
Read more
Dennis Williams said on Thursday the union will endorse either
Democrat Hillary Clinton or Bernie Sanders for U.S. president
"soon," and called for unity among Democrats behind the eventual
nominee.
Read more
UPDATE 1-Golfer Mickelson says returning Dean Foods trading gains
May 19 (Reuters) - Professional golfer Phil Mickelson said on Thursday he has agreed to return gains he made in 2012 from trading in Dean Foods Co stock and said he felt "vindicated" that U.S. authorities have not charged him with violating securities laws.
Read more
Read more
Hedge funds share Brexit views while guarding their bets
LONDON, May 19 (Reuters) - Are some of Britain's largest
hedge fund managers putting their money where their mouth is on
Brexit?
Read more
hedge fund managers putting their money where their mouth is on
Brexit?
Read more
UPDATE 1-Vivendi raises Gameloft bid for the second time
PARIS, May 19 (Reuters) - French media group Vivendi
raised its unsolicited bid for mobile video games maker
Gameloft for the second time on Thursday, adding
pressure on the founding Guillemot family.
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raised its unsolicited bid for mobile video games maker
Gameloft for the second time on Thursday, adding
pressure on the founding Guillemot family.
Read more
UPDATE 1-Dean Foods ex-chairman, pro gambler charged with insider trading
May 19 (Reuters) - U.S. authorities on Thursday charged a
former chairman of Dean Foods Co and a professional Las
Vegas gambler with engaging in a years-long insider trading
scheme, which included a tip that benefited professional golfer
Phil Mickelson.
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former chairman of Dean Foods Co and a professional Las
Vegas gambler with engaging in a years-long insider trading
scheme, which included a tip that benefited professional golfer
Phil Mickelson.
Read more
No pain, no gain: M&S boss to map out rocky road to recovery
LONDON, May 19 (Reuters) - The new boss of British retailer
Marks & Spencer will deliver some uncomfortable truths
to investors next week: turning around its clothing business
will require yet more costly change and could squeeze short-term
profits.
Read more
Marks & Spencer will deliver some uncomfortable truths
to investors next week: turning around its clothing business
will require yet more costly change and could squeeze short-term
profits.
Read more
Dean Foods ex-chairman, pro gambler charged with insider trading
May 19 (Reuters) - U.S. prosecutors on Thursday accused a
former chairman of Dean Foods Co and a Las Vegas gambler
of insider trading in a years-long scheme that allegedly
generated tens of millions of dollars of illegal profits.
Read more
former chairman of Dean Foods Co and a Las Vegas gambler
of insider trading in a years-long scheme that allegedly
generated tens of millions of dollars of illegal profits.
Read more
UPDATE 2-Wal-Mart profit beats expectations; stock jumps
May 19 (Reuters) - Wal-Mart Stores Inc on Thursday
reported a higher-than-expected quarterly profit as sales in the
U.S. market rose, an improvement the retailer attributed in part
to its increasing wages, and its shares jumped nearly 8 percent.
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reported a higher-than-expected quarterly profit as sales in the
U.S. market rose, an improvement the retailer attributed in part
to its increasing wages, and its shares jumped nearly 8 percent.
Read more
PE firm Cinven considering bid for Restaurant Group - Sky News
May 19 (Reuters) - Private equity firm Cinven is considering
a bid for Restaurant Group Plc, the owner of Mexican
food chains Chiquito and Joe's Kitchen, Sky News reported on
Thursday.
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a bid for Restaurant Group Plc, the owner of Mexican
food chains Chiquito and Joe's Kitchen, Sky News reported on
Thursday.
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Peugeot to invest 700 mln euros in Spain until 2020
MADRID, May 19 (Reuters) - French carmaker PSA Peugeot
Citroen is set to invest 700 million euros ($785
million) in Spain over the next four years and will produce a
new car in the country from 2020, a spokesman for the company
said.
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Citroen is set to invest 700 million euros ($785
million) in Spain over the next four years and will produce a
new car in the country from 2020, a spokesman for the company
said.
Read more
UPDATE 1-Temasek, CIC-KKR advance to 2nd round of Yum China stake sale -sources
* Yum shares have jumped 9.7 pct this year
(Adds China performance, comment, Temasek consumer deals)
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(Adds China performance, comment, Temasek consumer deals)
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REFILE-Royal Mail beats profit expectations on tight cost controls
May 19 (Reuters) - Britain's Royal Mail Plc reported
a better-than-expected profit for the financial year, as tight
cost controls more than made up for losses due to high
competition in the UK postal market.
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a better-than-expected profit for the financial year, as tight
cost controls more than made up for losses due to high
competition in the UK postal market.
Read more
S.Korea's Hotel Lotte says IPO to raise up to $4.8 bln
SEOUL, May 19 (Reuters) - South Korea's Hotel Lotte Co Ltd
said on Thursday its initial public offering (IPO) is expected
to raise up to 5.7 trillion won ($4.79 billion), in what will be
the world's biggest IPO since late 2015.
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said on Thursday its initial public offering (IPO) is expected
to raise up to 5.7 trillion won ($4.79 billion), in what will be
the world's biggest IPO since late 2015.
Read more
UPDATE 1-Mothercare full-year profit jumps on turnaround plan
May 19 (Reuters) - Baby goods retailer Mothercare
said full-year profit jumped 51 percent as the turnaround plan
for its troubled British business made progress, sending its
shares up as much as 9 percent.
Read more
said full-year profit jumped 51 percent as the turnaround plan
for its troubled British business made progress, sending its
shares up as much as 9 percent.
Read more
UPDATE 1-Royal Mail turnaround to cost more than market anticipated
May 18 (Reuters) - Britain's Royal Mail Plc forecast
slightly higher costs than the market expected, to modernise and
restructure its UK operation in the face of high competition in
the domestic postal and parcel markets.
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slightly higher costs than the market expected, to modernise and
restructure its UK operation in the face of high competition in
the domestic postal and parcel markets.
Read more
Thomas Cook summer bookings down 5 percent on Turkey slump
LONDON, May 19 (Reuters) - British holiday company Thomas
Cook said its summer bookings were down 5 percent as
tourists shunned Turkey, its second-most popular destination
last year, leading to a lower forecast for full-year earnings.
Read more
Cook said its summer bookings were down 5 percent as
tourists shunned Turkey, its second-most popular destination
last year, leading to a lower forecast for full-year earnings.
Read more
Mothercare full-year profit jumps on turnaround plan
May 19 (Reuters) - Baby goods retailer Mothercare
said full-year profit jumped 51 percent as the turnaround plan
for its troubled British business made progress.
Read more
said full-year profit jumped 51 percent as the turnaround plan
for its troubled British business made progress.
Read more
Wednesday, May 18, 2016
Aide of Peru's Fujimori steps down after money laundering report
LIMA, May 18 (Reuters) - Peruvian presidential candidate
Keiko Fujimori announced on Wednesday that a senior aide had
resigned from her center-right party in a bid to calm an uproar
following media reports that linked the two to money laundering.
Read more
Keiko Fujimori announced on Wednesday that a senior aide had
resigned from her center-right party in a bid to calm an uproar
following media reports that linked the two to money laundering.
Read more
Egyptian officials believe missing EgyptAir plane crashed into sea
CAIRO, May 19 (Reuters) - An EgyptAir plane missing with 66
people on board probably crashed into the sea, officials from
the airline and the Egyptian civil aviation said on Thursday.
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people on board probably crashed into the sea, officials from
the airline and the Egyptian civil aviation said on Thursday.
Read more
Two more people file claims to Prince's estate
May 18 (Reuters) - Two more individuals claiming to be
relatives of the late pop star Prince came forward on Wednesday
to seek a piece of the musician's estate.
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relatives of the late pop star Prince came forward on Wednesday
to seek a piece of the musician's estate.
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Colorado movie massacre lawsuit goes to the jury
CENTENNIAL, Colo., May 18 (Reuters) - The management of a
Colorado movie theater where 12 patrons were slain in a 2012
shooting rampage could never have foreseen, nor safeguarded
against, such a seemingly random but meticulously planned and
violent attack, its lawyers said on Wednesday.
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Colorado movie theater where 12 patrons were slain in a 2012
shooting rampage could never have foreseen, nor safeguarded
against, such a seemingly random but meticulously planned and
violent attack, its lawyers said on Wednesday.
Read more
UPDATE 1-GM to unveil plan to compensate owners on fuel economy claims
WASHINGTON, May 18 (Reuters) - General Motors Co is expected
to announce plans to compensate about 130,000 individual U.S.
owners of SUVs that had inflated fuel economy labels, sources
briefed on the plans said on Wednesday.
Read more
to announce plans to compensate about 130,000 individual U.S.
owners of SUVs that had inflated fuel economy labels, sources
briefed on the plans said on Wednesday.
Read more
Billboard awards say Kesha set canceled by record label
LOS ANGELES, May 18 (Reuters) - Pop star Kesha is not
allowed to perform at the Billboard Music Awards after her
record label rescinded its approval, the show's organizers said,
following the singer's failed legal bid to scrap her recording
contract with Sony Music and producer Dr. Luke.
Read more
allowed to perform at the Billboard Music Awards after her
record label rescinded its approval, the show's organizers said,
following the singer's failed legal bid to scrap her recording
contract with Sony Music and producer Dr. Luke.
Read more
GM to unveil plan to compensate owners on fuel economy claims
WASHINGTON, May 18 (Reuters) - General Motors Co is expected
to announce plans to compensate about 130,000 individual U.S.
owners of SUVs that had inflated fuel economy labels, sources
briefed on the plans said on Wednesday.
Read more
to announce plans to compensate about 130,000 individual U.S.
owners of SUVs that had inflated fuel economy labels, sources
briefed on the plans said on Wednesday.
Read more
Puma sees Leicester soccer jersey demand soar after title win
BERLIN, May 19 (Reuters) - German sportswear firm Puma has seen sales of Leicester City soccer jerseys rise fifteen-fold as a result of its winning the English Premier League title, chief executive Bjoern Gulden told a German paper.
Read more
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UPDATE 4-Hackers target presidential campaigns -U.S. spy chief
WASHINGTON, May 18 (Reuters) - U.S. presidential campaigns
face threats from hackers bent on espionage and other activity
more nefarious than mere political mischief, the office of the
U.S. National Intelligence Director James Clapper said on
Wednesday, but did not provide details on specific intrusions.
Read more
face threats from hackers bent on espionage and other activity
more nefarious than mere political mischief, the office of the
U.S. National Intelligence Director James Clapper said on
Wednesday, but did not provide details on specific intrusions.
Read more
UPDATE 1-Viacom board votes to stop paying Sumner Redstone
May 18 (Reuters) - Viacom Inc's board voted on
Wednesday to stop paying 92-year-old controlling shareholder and
Chairman Emeritus Sumner Redstone, according to a source
familiar with the matter.
Read more
Wednesday to stop paying 92-year-old controlling shareholder and
Chairman Emeritus Sumner Redstone, according to a source
familiar with the matter.
Read more
Tesla Motors plans to raise $2 bln for Model 3
May 18 (Reuters) - Tesla Motors Inc said it
expected to raise about $2 billion through a stock offering to
"accelerate the ramp" of its first mass-market car, the Model 3.
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expected to raise about $2 billion through a stock offering to
"accelerate the ramp" of its first mass-market car, the Model 3.
Read more
UPDATE 1-Urban Outfitters reports surprise rise in 1st-qtr comparable sales
May 18 (Reuters) - Apparel retailer Urban Outfitters Inc
reported a surprise rise in quarterly same-store sales
as demand recovered for its Anthropologie and Urban Outfitters
lines of clothing.
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reported a surprise rise in quarterly same-store sales
as demand recovered for its Anthropologie and Urban Outfitters
lines of clothing.
Read more
Fiat Chrysler recalls half million Jeep Wrangler SUVs
May 18 (Reuters) - Fiat Chrysler Automobiles
said on Wednesday it will recall 506,420 of its popular
Jeep Wrangler SUVs because off-road driving may cause the
driver-side air bag not to open in a crash.
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said on Wednesday it will recall 506,420 of its popular
Jeep Wrangler SUVs because off-road driving may cause the
driver-side air bag not to open in a crash.
Read more
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