* Shares hit 6-yr low of $76.86
(Adds Larsson's comment, details, updates shares)
Read more
Thursday, February 2, 2017
UPDATE 3-Fillon bid for French presidency in chaos as MPs call on him to quit
* French election graphic: http://tmsnrt.rs/2jLwO20
(Adds Fillon comment in paragraphs 8 and 9)
Read more
(Adds Fillon comment in paragraphs 8 and 9)
Read more
Saudi Aramco examines Berri oilfield oil, gas expansion -sources
KHOBAR, Saudi Arabia, Feb 2 (Reuters) - State oil giant
Saudi Aramco is considering expanding its oil and gas production
from the Berri offshore oilfield, industry sources told Reuters.
Read more
Saudi Aramco is considering expanding its oil and gas production
from the Berri offshore oilfield, industry sources told Reuters.
Read more
UPDATE 1-New York Times revenue, profit beat estimates
Feb 2 (Reuters) - The New York Times Co reported
better-than-expected quarterly revenue and profit, helped by
higher digital subscriptions.
Read more
better-than-expected quarterly revenue and profit, helped by
higher digital subscriptions.
Read more
Indian textile firms fail to investigate abuse complaints - activists
CHENNAI, India, Feb 2 (Thomson Reuters Foundation) - Women
facing sexual harassment in India's garment industry have no
place to turn as textile companies are shirking their legal duty
to investigate abuse allegations, activists said on Thursday.
Read more
facing sexual harassment in India's garment industry have no
place to turn as textile companies are shirking their legal duty
to investigate abuse allegations, activists said on Thursday.
Read more
Delphi Automotive earnings widely beat Wall Street estimates
DETROIT, Feb 2 (Reuters) - Delphi Automotive Plc's
fourth-quarter earnings widely beat Wall Street expectations, as
the automotive supplier continued to benefit from automaker
interest as it helps develop technology in the evolution toward
self-driving vehicles.
Read more
fourth-quarter earnings widely beat Wall Street expectations, as
the automotive supplier continued to benefit from automaker
interest as it helps develop technology in the evolution toward
self-driving vehicles.
Read more
FEATURE-Faced with blackouts, Pakistan's largest public park goes solar
ISLAMABAD, Feb 2 (Thomson Reuters Foundation) - Mushtaq
Khan, a 48-year-old bank manager, used to enjoy his nightly jog
in Islamabad's huge Fatima Jinnah Park - until worsening power
cuts two years ago began plunging him into darkness mid-stride,
forcing him to run in the morning instead.
Read more
Khan, a 48-year-old bank manager, used to enjoy his nightly jog
in Islamabad's huge Fatima Jinnah Park - until worsening power
cuts two years ago began plunging him into darkness mid-stride,
forcing him to run in the morning instead.
Read more
UPDATE 1-Syrian army says it will press on against Islamic State near Aleppo
BEIRUT, Feb 2 (Reuters) - The Syrian army signaled on
Thursday it would press on with operations against Islamic State
northeast of Aleppo, in a veiled warning to Turkey which backs a
separate military campaign in northern Syria.
Read more
Thursday it would press on with operations against Islamic State
northeast of Aleppo, in a veiled warning to Turkey which backs a
separate military campaign in northern Syria.
Read more
UPDATE 2-Autos to fuel Infineon profit growth in 2017
* Shares rise 2.5 pct to almost 15-year high
(Adds CFO comment, peers, analyst comment, shares)
Read more
(Adds CFO comment, peers, analyst comment, shares)
Read more
European shares down on poor earnings, Deutsche Bank suffers
LONDON, Feb 2 (Reuters) - European equities fell on
Thursday, with companies such as Germany's Deutsche Bank
and Denmark's Novo Nordisk leading the
broader market lower after their results failed to cheer
investors.
Read more
Thursday, with companies such as Germany's Deutsche Bank
and Denmark's Novo Nordisk leading the
broader market lower after their results failed to cheer
investors.
Read more
UPDATE 2-Swatch annual profit plunges, targets return to "healthy growth"
* Sees return to "healthy growth" this year
(Adds detail, background, analyst quotes, shares)
Read more
(Adds detail, background, analyst quotes, shares)
Read more
UPDATE 1-Gambling firm GVC sees 2016 gaming revenue ahead of estimate
Feb 2 (Reuters) - Gambling company GVC Holdings Plc
said it expected full-year net gaming revenue to rise about 9
percent, slightly ahead of its previous estimate, on strong
fourth-quarter trading.
Read more
said it expected full-year net gaming revenue to rise about 9
percent, slightly ahead of its previous estimate, on strong
fourth-quarter trading.
Read more
UPDATE 1-Daimler sees slight growth in 2017 operating profit, sales
* Shares fall 2.2 pct, underperforming sector
(Changes dateline; adds detail, comment, background)
Read more
(Changes dateline; adds detail, comment, background)
Read more
Wednesday, February 1, 2017
RPT-Airbus calls in the movers as power shifts to new HQ
PARIS, Feb 1 (Reuters) - After top-level restructuring at
Airbus come the musical chairs and a new logo intended to convey
unity as the European giant aims to refocus its management
without a return to past infighting.
Read more
Airbus come the musical chairs and a new logo intended to convey
unity as the European giant aims to refocus its management
without a return to past infighting.
Read more
Sony cuts annual profit view on movie business writedown
TOKYO, Feb 2 (Reuters) - Sony Corp on Thursday cut
its full-year outlook for operating profit on Thursday after the
Japanese TV-to-gaming group took a $1 billion writedown on its
struggling movie business.
Read more
its full-year outlook for operating profit on Thursday after the
Japanese TV-to-gaming group took a $1 billion writedown on its
struggling movie business.
Read more
Nikkei falls to more than 1-week low as stronger yen sours mood
TOKYO, Feb 2 (Reuters) - Japan's Nikkei share average fell
on Thursday to its lowest in more than a week after a stronger
yen soured sentiment.
Read more
on Thursday to its lowest in more than a week after a stronger
yen soured sentiment.
Read more
Hong Kong stocks fall on U.S. policy concerns, gaming shares ease
HONG KONG, Feb 2 (Reuters) - Hong Kong stocks fell on
Thursday as investors continued to lock in gains after the
Federal Reserve stuck to its mildly upbeat view of the U.S.
economy but gave no hints of the timing of its next rate move.
Read more
Thursday as investors continued to lock in gains after the
Federal Reserve stuck to its mildly upbeat view of the U.S.
economy but gave no hints of the timing of its next rate move.
Read more
Toyota a Japanese brand, but also a U.S. manufacturer -president
TOKYO, Feb 2 (Reuters) - Toyota Motor Corp
President Akio Toyoda said on Thursday that his company was
increasing its U.S. production, and that it may be a Japanese
brand but was also a U.S. manufacturer.
Read more
President Akio Toyoda said on Thursday that his company was
increasing its U.S. production, and that it may be a Japanese
brand but was also a U.S. manufacturer.
Read more
Japan PM Abe to hold two-day summit with Trump - sources
TOKYO, Feb 2 (Reuters) - Japanese Prime Minister Shinzo Abe
and U.S. President Donald Trump are planning to extend their
summit meeting scheduled for Feb. 10 by one day, two Japanese
government sources with direct knowledge of the matter said on
Thursday.
Read more
and U.S. President Donald Trump are planning to extend their
summit meeting scheduled for Feb. 10 by one day, two Japanese
government sources with direct knowledge of the matter said on
Thursday.
Read more
UPDATE 2-Australia's Tabcorp disappoints as British startup's costs grow
* Tabcorp pursuing competition approvals for Tatts merger
(Recasts throughout, adds CFO comments and market reaction)
Read more
(Recasts throughout, adds CFO comments and market reaction)
Read more
UC Berkeley on lockdown amid protest over speaker
Feb 1 (Reuters) - The University of California, at Berkeley,
said it went on lockdown on Wednesday amid a violent protest
over a planned appearance by a right-wing speaker.
Read more
said it went on lockdown on Wednesday amid a violent protest
over a planned appearance by a right-wing speaker.
Read more
UPDATE 1-Amazon plans more than 200 daily flights from new cargo hub
SAN FRANCISCO, Feb 1 (Reuters) - Amazon.com Inc
plans to schedule more than 200 flight departures and landings
per day at a $1.49 billion cargo hub it is building near
Cincinnati, the airport's chief said in an interview on
Wednesday, in a sign of the soaring ambitions of the online
retailer.
Read more
plans to schedule more than 200 flight departures and landings
per day at a $1.49 billion cargo hub it is building near
Cincinnati, the airport's chief said in an interview on
Wednesday, in a sign of the soaring ambitions of the online
retailer.
Read more
UPDATE 4-Facebook eases past Wall St estimates, sees spending up in 2017
Feb 1 (Reuters) - Facebook Inc cruised past Wall
Street's earnings and revenue expectations on Wednesday with
strong growth in its mobile ad business, demonstrating that
controversy over so-called "fake news" and inaccurate
advertising measurements had little impact on its financial
performance.
Read more
Street's earnings and revenue expectations on Wednesday with
strong growth in its mobile ad business, demonstrating that
controversy over so-called "fake news" and inaccurate
advertising measurements had little impact on its financial
performance.
Read more
Amazon plans more than 200 daily flights from new cargo hub
SAN FRANCISCO, Feb 1 (Reuters) - Amazon.com Inc
plans to schedule more than 200 flight departures and landings
per day at a $1.49 billion cargo hub it is building near
Cincinnati, the airport's chief said in an interview on
Wednesday, in a sign of the soaring ambitions of the online
retailer.
Read more
plans to schedule more than 200 flight departures and landings
per day at a $1.49 billion cargo hub it is building near
Cincinnati, the airport's chief said in an interview on
Wednesday, in a sign of the soaring ambitions of the online
retailer.
Read more
Create big businesses to build British towns or risk failing on housing pledges - think tank
LONDON, Feb 2 (Thomson Reuters Foundation) - Britain must
embark upon a radical project of town building to avoid falling
short of its targets to build one million new homes by 2020, a
leading think tank said on Thursday.
Read more
embark upon a radical project of town building to avoid falling
short of its targets to build one million new homes by 2020, a
leading think tank said on Thursday.
Read more
UPDATE 2-Canada January auto sales climb, set record for month
TORONTO, Feb 1 (Reuters) - Canadian car and light truck
sales rose 2.2 percent in January over last year to an
all-time record for the month, DesRosiers Automotive Consultants
said on Wednesday, as the big Detroit Three automakers posted
gains that contrasted with U.S. declines.
Read more
sales rose 2.2 percent in January over last year to an
all-time record for the month, DesRosiers Automotive Consultants
said on Wednesday, as the big Detroit Three automakers posted
gains that contrasted with U.S. declines.
Read more
UPDATE 1-China-Mexico tie-up to invest $200 mln in Mexican auto plant
MEXICO CITY, Feb 1 (Reuters) - A Chinese-Mexican tie-up on
Wednesday unveiled plans to invest over $200 million in a
Mexican car plant in a welcome sign of confidence even as
threats from U.S. President Donald Trump have paralyzed
investment plans by U.S. companies.
Read more
Wednesday unveiled plans to invest over $200 million in a
Mexican car plant in a welcome sign of confidence even as
threats from U.S. President Donald Trump have paralyzed
investment plans by U.S. companies.
Read more
UPDATE 1-Missing Washington bobcat found in zoo after three-day search
WASHINGTON, Feb 1 (Reuters) - A 25-pound (11-kg) female
bobcat who escaped from her enclosure at the Washington Zoo, was
found on Wednesday, just hours after zoo officials called off a
three-day-search for the missing feline, zoo officials said.
Read more
bobcat who escaped from her enclosure at the Washington Zoo, was
found on Wednesday, just hours after zoo officials called off a
three-day-search for the missing feline, zoo officials said.
Read more
Suspect in Canada mosque shooting sought money, scouted site
QUEBEC CITY, Feb 1 (Reuters) - The suspect in the shooting
rampage at a Canadian mosque visited the site before Sunday's
massacre, asking for money and scouting the scene before
returning with guns and killing six men as they prayed, a member
of the mosque said.
Read more
rampage at a Canadian mosque visited the site before Sunday's
massacre, asking for money and scouting the scene before
returning with guns and killing six men as they prayed, a member
of the mosque said.
Read more
UPDATE 2-Beyonce's surprise twins announcement goes viral
Feb 1 (Reuters) - Pop superstar Beyonce said on Wednesday
that she and her husband, rap star and entrepreneur Jay Z, were
expecting twins, sending social media into a meltdown.
Read more
that she and her husband, rap star and entrepreneur Jay Z, were
expecting twins, sending social media into a meltdown.
Read more
China-backed electric vehicle startup Faraday scales back U.S. plans
DETROIT/BEIJING, Feb 1 (Reuters) - Electric luxury car
startup Faraday Future, one of several Chinese-funded companies
taking aim at Elon Musk's Tesla Inc, is throttling back
on plans to build vehicles in the United States, the company and
public officials said.
Read more
startup Faraday Future, one of several Chinese-funded companies
taking aim at Elon Musk's Tesla Inc, is throttling back
on plans to build vehicles in the United States, the company and
public officials said.
Read more
Beyonce is pregnant with twins
Feb 1 (Reuters) - Pop superstar Beyonce announced on
Wednesday that she and her husband, rap star and entrepreneur
Jay Z, were expecting twins.
Read more
Wednesday that she and her husband, rap star and entrepreneur
Jay Z, were expecting twins.
Read more
Ever-shorter U.S. bankruptcies have creditors scrambling
WILMINGTON, Del., Feb 1 (Reuters) - Financially distressed
companies that file for U.S. bankruptcy are emerging from court
proceedings more quickly than ever, lowering legal costs but
also forcing junior creditors to scramble to protect their
interests.
Read more
companies that file for U.S. bankruptcy are emerging from court
proceedings more quickly than ever, lowering legal costs but
also forcing junior creditors to scramble to protect their
interests.
Read more
UPDATE 1-U.S. Senate tax chief questions border adjustment tax
WASHINGTON, Feb 1 (Reuters) - The top U.S. Senate Republican
on tax policy raised questions on Wednesday about a border
adjustment tax backed by Republicans in the House of
Representatives, and suggested it could have difficulty passing
the Senate as a part of a U.S. tax reform.
Read more
on tax policy raised questions on Wednesday about a border
adjustment tax backed by Republicans in the House of
Representatives, and suggested it could have difficulty passing
the Senate as a part of a U.S. tax reform.
Read more
Islands, chateau, art: Johnny Depp's lifestyle laid bare in lawsuit
Feb 1 (Reuters) - Johnny Depp took himself to the brink of
financial ruin by spending tens of millions of dollars on homes,
art, cars, a yacht and Hollywood memorabilia, according to a
lawsuit filed by his former business managers.
Read more
financial ruin by spending tens of millions of dollars on homes,
art, cars, a yacht and Hollywood memorabilia, according to a
lawsuit filed by his former business managers.
Read more
Airbus calls in the movers as power shifts to new HQ
PARIS, Feb 1 (Reuters) - After top-level restructuring at
Airbus come the musical chairs and a new logo intended to convey
unity as the European giant aims to refocus its management
without a return to past infighting.
Read more
Airbus come the musical chairs and a new logo intended to convey
unity as the European giant aims to refocus its management
without a return to past infighting.
Read more
UPDATE 1-Mexico expects NAFTA renegotiation from May after industry consultations
MEXICO CITY, Feb 1 (Reuters) - Mexico expects to begin
formal talks from around the beginning of May on renegotiating
the North American Free Trade Agreement (NAFTA) following a
90-day consultation with the private sector, the government said
on Wednesday.
Read more
formal talks from around the beginning of May on renegotiating
the North American Free Trade Agreement (NAFTA) following a
90-day consultation with the private sector, the government said
on Wednesday.
Read more
Senate Democrats boycott vote on Trump's pick to head EPA
WASHINGTON, Feb 1 (Reuters) - Democratic U.S. senators on
Wednesday boycotted a committee vote on President Donald Trump's
pick to head the Environmental Protection Agency, Scott Pruitt,
who has expressed doubts about the science of climate change.
Read more
Wednesday boycotted a committee vote on President Donald Trump's
pick to head the Environmental Protection Agency, Scott Pruitt,
who has expressed doubts about the science of climate change.
Read more
US Senate tax chief has questions about border adjustment tax
WASHINGTON, Feb 1 (Reuters) - The top U.S. Senate Republican
on tax policy raised questions on Wednesday about a border
adjustment tax backed by Republicans in the House of
Representatives, and suggested the proposal could have
difficulty passing the Senate as a part of U.S. tax reform.
Read more
on tax policy raised questions on Wednesday about a border
adjustment tax backed by Republicans in the House of
Representatives, and suggested the proposal could have
difficulty passing the Senate as a part of U.S. tax reform.
Read more
UPDATE 1-GM posts U.S. sales drop in January, Ford beats view as trucks roar
DETROIT, Feb 1 (Reuters) - Automakers reported mixed U.S.
auto sales for January, with General Motors Co posting a
3.8 percent decline while crosstown rival Ford Motor Co
topped analysts forecasts on strong truck sales.
Read more
auto sales for January, with General Motors Co posting a
3.8 percent decline while crosstown rival Ford Motor Co
topped analysts forecasts on strong truck sales.
Read more
Mexico to start 90-day NAFTA consultation with private sector
MEXICO CITY, Feb 1 (Reuters) - Mexico will start a 90-day
consultation with the private sector and others to fix the
parameters for a renegotiation of the North American Free Trade
Agreement (NAFTA), the country's foreign ministry said on
Wednesday.
Read more
consultation with the private sector and others to fix the
parameters for a renegotiation of the North American Free Trade
Agreement (NAFTA), the country's foreign ministry said on
Wednesday.
Read more
RPT-With new hybrid, Nissan offers cheaper route to electric cars
YOKOHAMA, Japan, Feb 1 (Reuters) - Nissan Motor Co
has taken a step back into gasoline hybrids with its Note
e-Power model, which the Japanese automaker hopes will act as a
gateway for drivers who will later shift to all-electric cars.
Read more
has taken a step back into gasoline hybrids with its Note
e-Power model, which the Japanese automaker hopes will act as a
gateway for drivers who will later shift to all-electric cars.
Read more
Fit for an emperor - a virtual reality tour of Nero's golden palace
ROME, Feb 1(Reuters) - Emperor Nero, a technology
enthusiast, would have loved it: his over-the-top golden palace
in Rome is about to get the virtual reality treatment.
Read more
enthusiast, would have loved it: his over-the-top golden palace
in Rome is about to get the virtual reality treatment.
Read more
UPDATE 1-Spirit AeroSystems profit, full-year forecast miss estimates
Feb 1 (Reuters) - Aircraft parts maker Spirit AeroSystems
Holdings Inc reported a lower-than-expected quarterly
profit on Wednesday, and forecast full-year profit and revenue
below analysts' estimates.
Read more
Holdings Inc reported a lower-than-expected quarterly
profit on Wednesday, and forecast full-year profit and revenue
below analysts' estimates.
Read more
UPDATE 1-Scandal-hit Fillon eclipsed by Macron, Le Pen in French presidency race -poll
PARIS, Feb 1 (Reuters) - Conservative presidential candidate
Francois Fillon would not even make the second round of this
spring's election in France, an opinion poll showed on
Wednesday, cranking up the pressure on him as a scandal over his
wife's work engulfed his campaign.
Read more
Francois Fillon would not even make the second round of this
spring's election in France, an opinion poll showed on
Wednesday, cranking up the pressure on him as a scandal over his
wife's work engulfed his campaign.
Read more
Johnson Controls profit rises 11.1 percent
Feb 1 (Reuters) - Multi-industry U.S. manufacturer Johnson
Controls International Plc reported an 11.1 percent rise
in quarterly profit, helped by strength in its power solutions
business.
Read more
Controls International Plc reported an 11.1 percent rise
in quarterly profit, helped by strength in its power solutions
business.
Read more
UPDATE 1-Investor Standard Life seeks change at Sports Direct, Volkswagen
LONDON, Feb 1 (Reuters) - Standard Life Investments, the
fund arm of insurer Standard Life, has concerns about
governance at Sports Direct and Volkswagen
and will press for more change at the companies, it said in its
annual governance report on Wednesday.
Read more
fund arm of insurer Standard Life, has concerns about
governance at Sports Direct and Volkswagen
and will press for more change at the companies, it said in its
annual governance report on Wednesday.
Read more
Centrist Macron seen most likely to win French presidency, Fillon not making 2nd round-poll
PARIS, Feb 1 (Reuters) - Independent centrist Emmanuel
Macron is the candidate most likely to win France's closely
contested presidential election this year, according to
predictions in an opinion poll published as his conservative
rival Francois Fillon battles a scandal.
Read more
Macron is the candidate most likely to win France's closely
contested presidential election this year, according to
predictions in an opinion poll published as his conservative
rival Francois Fillon battles a scandal.
Read more
UPDATE 1-Iran's president calls Trump a political novice over travel ban
DUBAI, Feb 1 (Reuters) - Iran's President Hassan Rouhani
dismissed his U.S. counterpart Donald Trump as a political
novice on Wednesday, stepping up criticism of the Republican's
immigration policies including a temporary travel ban on
Iranians.
Read more
dismissed his U.S. counterpart Donald Trump as a political
novice on Wednesday, stepping up criticism of the Republican's
immigration policies including a temporary travel ban on
Iranians.
Read more
Audi says reviewing provisions for dieselgate scandal
MUNICH, Feb 1 (Reuters) - Audi is reviewing
whether it needs to put aside more provisions to cover the costs
of a settlement in the United States over the dieselgate
scandal.
Read more
whether it needs to put aside more provisions to cover the costs
of a settlement in the United States over the dieselgate
scandal.
Read more
Amazon to spend $1.49 bln on air cargo hub, fans talk of bigger ambitions
SAN FRANCISCO, Jan 31 (Reuters) - Amazon.com Inc
plans to invest $1.49 billion to build a large air cargo hub in
northern Kentucky, state officials said on Tuesday, stoking
expectations it may one day opt to directly compete with FedEx
Corp and United Parcel Service Inc.
Read more
plans to invest $1.49 billion to build a large air cargo hub in
northern Kentucky, state officials said on Tuesday, stoking
expectations it may one day opt to directly compete with FedEx
Corp and United Parcel Service Inc.
Read more
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