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Reuters Company News
Jul 19, 2019

UPDATE 3-Four Republican lawmakers ask Trump to move forward with $10 bln Pentagon cloud contract
Four Republican members of U.S. Congress, including House Armed Services Committee ranking member Mac Thornberry, sent a letter to President Donald Trump on Thursday urging him to move forward with a $10 billion cloud contract with the Defense Department.

Reuters Company News
Jul 19, 2019

Judge rules against hedge funds that challenged 2016 Jarden deal
A Delaware judge ruled against hedge funds on Friday that tried to get more cash out of Newell Brands Inc's 2016 acquisition of consumer goods company Jarden Corp, the latest setback for a once-popular investment strategy known as appraisal.

Reuters Company News
Jul 19, 2019

Ford to lay off 185 workers at Canadian plant -union
Ford Motor Co will lay off about 185 employees in September at a Canadian manufacturing plant in Oakville, Ontario, with the possibility of more layoffs in January, the union local said on Friday.

Reuters Company News
Jul 19, 2019

Lockheed awarded $1.48 bln Saudi missile defense contract -Pentagon
Lockheed Martin was awarded a $1.48 billion contract to build the THAAD missile defense system for Saudi Arabia, the Pentagon said on Friday.

Reuters Company News
Jul 19, 2019

Mexico recession would hasten annual ratings review, S&P warns
Ratings agency Standard & Poor's could accelerate its annual review of Mexico's sovereign bonds and state oil company Pemex if the economy enters a recession and growth estimates fall for 2020, an S&P analyst said on Friday.

Reuters Company News
Jul 19, 2019

UPDATE 9-Oil climbs as Middle East tensions offset demand worries
* IEA does not expect "huge increase" in crude prices (Adds CFTC data)

Reuters Company News
Jul 19, 2019

US STOCKS-Wall St falls as Fed signals smaller rate cut
* Indexes down: Dow 0.25%, S&P 500 0.62%, Nasdaq 0.74% (Updates to market close)

Reuters Company News
Jul 19, 2019

Mexico's IEnova says state utility initiated arbitration over pipeline project
Mexican energy infrastructure firm IEnova said on Friday that state-owned utility CFE has initiated international arbitration in relation to the company's Guaymas-El Oro gas pipeline project.

Reuters Company News
Jul 19, 2019

Brazil medical educator Afya plans acquisitions, international expansion
Brazilian medical education group Afya Ltd plans to double the number of undergraduate students, to acquire companies and expand internationally, following its initial public offering on Nasdaq, said Chief Executive Officer Virgilio Gibbon.

Reuters Company News
Jul 19, 2019

EMERGING MARKETS-Dollar recovery halts gains in Latam currencies
A U.S. dollar recovery put most Latin American currencies under pressure on Friday while Brazil's Bovespa stock index led losses in the region's equity markets. The MSCI index of Latin American currencies edged lower as the dollar swung to gains after the New York Federal Reserve walked back dovish comments from its president, which had bolstered expectations of an aggressive interest rate cut this

Reuters Company News
Jul 19, 2019

US STOCKS SNAPSHOT-Wall St falls as expectations for hefty Fed cut trimmed
Wall Street's main indexes edged lower on Friday following a report that the Federal Reserve plans to cut interest rates by only a quarter-percentage point at the end of the month.

Reuters Company News
Jul 19, 2019

UPDATE 2-American Airlines-Qantas joint venture wins final U.S. approval
The U.S. Department of Transportation (DOT) on Friday granted American Airlines Group Inc and Qantas Airways Ltd final approval to operate a joint venture after a prior effort was rejected in 2016.

Reuters Company News
Jul 19, 2019

A rally and a redirect: why the markets are so focused on the Fed
When New York Fed President John Williams talked about the need to "vaccinate the economy" on Thursday, markets listened. And when the New York Fed itself spoke up later to clarify his remarks, investors were again all ears.

Reuters Company News
Jul 19, 2019

Airbus mimics nature with 'Bird of Prey' concept plane
Airbus on Friday unveiled a concept aircraft with splayed wingtips and a fanned tail inspired by the feathers of an eagle as it experiments with "biomimicry" technology that could eventually lead to quieter landings and less pollution.

Reuters Company News
Jul 19, 2019

Confusion builds over U.S. ban on Chinese surveillance technology
Contractors who buy and install Hikvision and Dahua surveillance systems told U.S. officials on Friday that an ambiguous law that bans purchases from the two Chinese companies could harm their businesses.

Reuters Company News
Jul 19, 2019

US STOCKS-Wall St moves lower on dampened hopes for hefty Fed cut
* Indexes down: Dow 0.02%, S&P 500 0.40%, Nasdaq 0.53% (Updates to late afternoon, changes byline, adds NEW YORK to dateline)

Reuters Company News
Jul 19, 2019

UPDATE 5-Schlumberger names new CEO as North American business faces softer demand
Oilfield firm Schlumberger NV on Friday named Chief Operating Officer Olivier Le Peuch as chief executive as the company looks to shore up its world-leading position in oil and gas technology services.

Reuters Company News
Jul 19, 2019

UPDATE 3-Heat wave gripping eastern, central U.S. to intensify over weekend
A massive heat wave that has enveloped the U.S. Midwest pushed into the Northeast on Friday, ushering in temperatures that could top 100 degrees Fahrenheit (38 degrees C) in Washington and prompting utilities to take steps to prevent power outages.

Reuters Company News
Jul 19, 2019

UPDATE 8-Oil climbs as Middle East tensions offset demand worries
* IEA does not expect 'huge increase' in crude prices (Adds tanker seizure, updates to settlement)

Reuters Company News
Jul 19, 2019

GLOBAL MARKETS-Stocks up on Fed rate cut hopes, Microsoft results; dollar bounces
* Crude choppy after Trump says U.S. Navy destroys Iranian drone

Reuters Company News
Jul 19, 2019

UPDATE 2-Four U.S. lawmakers ask Trump to move forward with $10 bln Pentagon cloud contract
Four members of U.S. Congress, including House Armed Services Committee ranking member Mac Thornberry, sent a letter to President Donald Trump on Thursday urging him to move forward with a $10 billion cloud contract with the Department of Defense.

Reuters Company News
Jul 19, 2019

UPDATE 1-U.S. to grant final approval to American Airlines-Qantas joint venture -sources
The U.S. Department of Transportation (DOT) is set on Friday to grant American Airlines Group Inc and Qantas Airways Ltd final approval to operate a joint venture after a prior effort was rejected in 2016, two people briefed on the matter told Reuters.

Reuters Company News
Jul 19, 2019

BlackRock CEO Larry Fink says ECB must buy equities to stimulate euro zone
BlackRock Chief Executive Larry Fink said on Friday the European Central Bank will need to purchase equities to stimulate Europe's economy, and that leaders should find ways to have investors embrace an "equity culture" there.

Reuters Company News
Jul 19, 2019

U.S. to grant final approval to American Airlines-Qantas joint venture -sources
The U.S. Department of Transportation (DOT) is set on Friday to grant American Airlines Group Inc and Qantas Airways Ltd final approval to operate a joint venture after a prior effort was rejected in 2016, two people briefed on the matter told Reuters.

Reuters Company News
Jul 19, 2019

UPDATE 2-Heat wave gripping eastern, central U.S. to intensify over weekend
A massive heat wave that has enveloped the U.S. Midwest pushed into the Northeast on Friday, ushering in temperatures that could top 100 degrees Fahrenheit (38°C) in Washington, D.C., and prompting utilities to take steps to prevent power outages.

Reuters Company News
Jul 19, 2019

U.S. oil drillers cut rigs for third week in a row -Baker Hughes
U.S. energy firms this week reduced the number of oil rigs operating for a third week in a row as drillers follow through on plans to cut spending with oil prices declining amid a global supply glut.

Reuters Company News
Jul 19, 2019

US STOCKS-Wall St slightly higher on Microsoft results, rate cut hopes
* Indexes up: Dow 0.30%, S&P 0.11%, Nasdaq 0.18% (Updates to early afternoon)

Reuters Company News
Jul 19, 2019

Four members of Congress ask Trump to move forward with Pentagon cloud contract
Four members of Congress, including House Armed Services Committee ranking member Mac Thornberry, sent a letter to President Donald Trump on Thursday urging him to move forward with a $10 billion cloud contract with the Department of Defense.

Reuters Company News
Jul 19, 2019

UPDATE 2-Political turmoil in Italy weighs on European stocks
* STOXX up 0.1% for week, buoyed by rate cut hopes (Updates to close)

Reuters Company News
Jul 19, 2019

UPDATE 1-Heat wave broils eastern, central U.S., utilities poised for demand
A massive heat wave that has enveloped the U.S. Midwest pushed into the Northeast on Friday, ushering in temperatures that could top 100 degrees Fahrenheit (38°C) in Washington, D.C., and leading utilities to take steps to prevent power outages.

Reuters Company News
Jul 19, 2019

UPDATE 4-Schlumberger names new CEO as North American business faces softer demand
Oilfield firm Schlumberger NV on Friday named Chief Operating Officer Olivier Le Peuch as its chief executive as the company looks to shore up its world-leading position in oil and gas technology services.

Reuters Company News
Jul 19, 2019

UPDATE 2-Health Canada to keep importing Kaleo's epinephrine shot amid shortages
The Canadian health regulator said on Friday it would keep importing U.S.-based Kaleo Inc's epinephrine auto-injectors and expects adequate supply of the devices in the country over the coming months.

Reuters Company News
Jul 19, 2019

Cummins makes offer for VW's large engines unit -sources
United States-based diesel engines maker Cummins has made an indicative offer for Volkswagen's MAN Energy Solutions unit, people close to the matter said, as the carmaker seeks to slim down its portfolio of disparate assets.

Reuters Company News
Jul 19, 2019

US STOCKS-Wall St edges higher on Microsoft's beat, rate cut optimism
* Indexes up: Dow 0.23%, S&P 0.09%, Nasdaq 0.14% (Changes comment, adds details; Updates prices)

Reuters Company News
Jul 19, 2019

GLOBAL MARKETS-Fed rate cut hopes, Microsoft lift stocks; dollar bounces
* Crude choppy after Trump says U.S. Navy destroys Iranian drone

Reuters Company News
Jul 19, 2019

MOVES-Credit Suisse hires banks dealmaker Wiant from Lazard
Credit Suisse Group AG has hired Jerry Wiant as a managing director and head of American Banks coverage team, according to an internal memo seen by Reuters.

Reuters Company News
Jul 19, 2019

Petrobras picks Warburg Pincus-backed Trident in oilfield re-bid
Brazilian oil company Petroleo Brasileiro SA has chosen a bid from Warburg Pincus-backed Trident Energy as the winner in a final "re-bid" for two oilfields, three sources with knowledge of the matter said.

Reuters Company News
Jul 19, 2019

Health Canada to keep importing Kaleo's epinephrine shot amid shortages
Canadian health regulator said on Friday it will keep importing U.S.-based Kaleo Inc's epinephrine auto-injectors and expects adequate supply of the devices in the country over the coming months.

Reuters Company News
Jul 19, 2019

Fed's Bullard sees cryptocurrencies shifting U.S. financial system
Cryptocurrencies are changing the U.S. currency system in ways that may facilitate illegal activity and instability in prices, St. Louis Federal Reserve President James Bullard said on Friday.

Reuters Company News
Jul 19, 2019

Two top fixed-income portfolio managers exit Eaton Vance
Bond fund managers Kathleen Gaffney and Henry Peabody left Eaton Vance Corp at the end of June and have been replaced by existing members of the firm's fixed-income team, a spokeswoman told Reuters.

Reuters Company News
Jul 19, 2019

UPDATE 3-Barrick set to take full control of Acacia after raising bid
Barrick Gold Corp has struck a deal to buy out its fellow shareholders in Acacia Mining with a higher bid than originally proposed, raising expectations Acacia's long-running tax dispute with the Tanzanian government will finally be resolved.

Reuters Company News
Jul 19, 2019

UPDATE 3-Schlumberger names new CEO as North American business faces softer demand
Schlumberger NV said on Friday Chief Operating Officer Olivier Le Peuch will replace its chief executive, Paal Kibsgaard, as the company looks to shore up its position as a leader in drilling technology.

Reuters Company News
Jul 19, 2019

EMERGING MARKETS-Bovespa keeps a lid on Latam shares; Currencies slide
Latin American shares were subdued on Friday as losses in Brazil's Bovespa eclipsed gains made by other indices, while currencies in the region were mostly lower against a firm dollar. MSCI's index of Latin American stocks was flat but on track to snap a three-week losing streak. Emerging market assets had a good run this week as dovish comments cementing the hopes of a rate cut later this month from the U.S. Federal Reserve stirred demand for riskier assets.

Reuters Company News
Jul 19, 2019

UPDATE 1-U.S. Steel's Slovak plant to cut workforce by around a fifth
United States Steel Corp's factory in Slovakia will lay off 2,500 people, or around a fifth of its workforce, by the end of 2021 as it tries to compete with a glut of cheap steel imports from non-EU countries, it said on Friday.

Reuters Company News
Jul 19, 2019

UPDATE 2-Kansas City Southern profit beats on cost controls
Kansas City Southern reported a better-than-expected quarterly profit, as cost controls helped the U.S. railroad to make up for flat carload volume amid concerns of slowing economic growth.

Reuters Company News
Jul 19, 2019

UPDATE 2-Shareholders in Brazilian reinsurer IRB raise $2 bln in offering
The Brazilian government and state-controlled insurance company BB Seguros raised 7.4 billion reais ($1.99 billion) in a share offering by reinsurer IRB Brasil Resseguros SA, the company said on Friday.

Reuters Company News
Jul 19, 2019

CANADA STOCKS-TSX gains on Fed rate cut hopes, energy gains
Canada's main stock index rose on Friday, buoyed by rising bets of a U.S. interest rate cut this month and gains in energy stocks due to higher crude prices.

Reuters Company News
Jul 19, 2019

US STOCKS-Wall St rises on Microsoft's beat, rate cut euphoria
* Indexes up: Dow 0.28%, S&P 0.27%, Nasdaq 0.37% (Updates to open)

Reuters Company News
Jul 19, 2019

UPDATE 4-BlackRock profit misses estimates, hit by lower fees for lending stocks
BlackRock Inc, the world's largest asset manager, took in less cash last quarter as investors moved into lower-cost bond funds, and it made less money lending out stocks.

Reuters Company News
Jul 19, 2019

CORRECTED-UPDATE 4-Oil rises after U.S. Navy downs Iranian drone; set for weekly fall
Oil prices rose on Friday as tensions spiked again in the Middle East after the United States said it had destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global crude flows.

Reuters Company News
Jul 19, 2019

UPDATE 2-UK delay on Huawei 5G decision harming ties, lawmakers say
A powerful committee of British lawmakers on Friday urged the next prime minister to decide quickly on the role China's Huawei will have in next-generation 5G telecommunications networks to avert more damage to Britain's international relations.

Reuters Company News
Jul 19, 2019

Russian lawmakers propose making local software mandatory on smartphones
Russian lawmakers want to make it a legal requirement for all smartphones, computers and smart TV sets sold in Russia to come pre-installed with certain Russian software in a bid to support domestic software producers, according to a draft bill.

Reuters Company News
Jul 19, 2019

CANADA STOCKS-TSX opens higher as energy shares rise
Canada's main stock index opened higher on Friday, taking cues from global markets that were buoyed by rising bets of a U.S. interest rate cut this month and as energy stocks were lifted by higher crude prices.

Reuters Company News
Jul 19, 2019

US STOCKS SNAPSHOT-Wall St opens higher after Microsoft's beat, rate cut euphoria
U.S. stocks opened higher on Friday as solid results from Microsoft lifted technology shares and added to market optimism after New York Fed President John Williams boosted hopes that the central bank was set to cut interest rates this month.

Reuters Company News
Jul 19, 2019

U.S. Steel's Slovak plant cutting around a fifth of its workforce
United States Steel Corp's factory in Slovakia will lay off 2,500 people, or around a fifth of its workforce, by the end of 2021 to deal with a difficult steel market, the company said on Friday.

Reuters Company News
Jul 19, 2019

UPDATE 1-Britain and Sweden agree to co-operate on fighter plans
Britain and Sweden agreed on Friday to study air combat co-operation over the next decade and opened the door to other potential partners in a move that could see the Scandinavian country join a planned next-generation UK fighter project.

Reuters Company News
Jul 19, 2019

UPDATE 2-Airbag maker Autoliv revs up cost cuts to counter car market slump
* Sees FY adj operating margin 9.0%-9.5% vs about 10.5% previously

Reuters Company News
Jul 19, 2019

US STOCKS-Wall St set to open higher after Microsoft's beat, rate cut bets rise
* Futures up: Dow 0.27%, S&P 0.16%, Nasdaq 0.23% (Adds comment, details; Updates prices)

Reuters Company News
Jul 19, 2019

UPDATE 3-BlackRock profit misses estimates, hit by lower fees for lending stocks
BlackRock Inc, the world's largest asset manager, took in less cash last quarter as investors moved into lower-cost bond funds, and it made less money lending out stocks.

Reuters Company News
Jul 19, 2019

Barrick could sell some of Acacia Mining's operations after takeover -CEO
Barrick Gold could sell some mining assets owned by Acacia Mining after it gains full control of its African unit, chief executive Mark Bristow told Reuters.

Reuters Company News
Jul 19, 2019

Colombia wants to become player in copper in next few years -government official
Colombia is looking to become a notable producer of copper within the next few years, the head of the national mining agency said, in a bid to diversify its mining output without neglecting production of coal and gold.

Reuters Company News
Jul 19, 2019

REFILE-BRIEF-Fuelcell Energy Receives Letter From Nasdaq Stating That It's Not Compliant With Listing Rule 5450(A)(1)
* FUELCELL ENERGY INC - RECEIVED A LETTER FROM NASDAQ STOCK MARKET STATING THAT CO IS NOT IN COMPLIANCE WITH NASDAQ LISTING RULE 5450(A)(1)

Reuters Company News
Jul 19, 2019

Britain to cut Huawei decision from telecoms review -sources
Britain plans to publish the results of a long-awaited telecoms supply chain review next week without a decision on the use of equipment made by China's Huawei in future 5G networks, people with knowledge of the matter told Reuters.

Reuters Company News
Jul 19, 2019

UPDATE 1-Kansas City Southern profit beats on cost controls
Kansas City Southern reported a better-than-expected quarterly profit, as cost controls helped the U.S. railroad to make up for flat carload volume amid concerns of slowing economic growth.

Reuters Company News
Jul 19, 2019

GRAPHIC-Take Five: Preparing for a prime minister, PMIs and policymakers
1/ROAD TO NO. 10 Investors will wake on July 24 to a new British prime minister. Boris Johnson, the face of the Leave campaign in the 2016 Brexit referendum, is -- if betting markets are to be believed -- almost certain to capture the majority of Conservative Party members' votes and become the new leader, beating foreign minister Jeremy Hunt into second place to succeed Theresa May.

Reuters Company News
Jul 19, 2019

REFILE-US STOCKS-Microsoft brightens Wall St mood as rate cut hopes rise
U.S. stock futures inched higher on Friday as strong results for Microsoft's cloud business fed into a bullish mood following signs from New York Fed President John Williams that the U.S. central bank was set to cut interest rates this month.

Reuters Company News
Jul 19, 2019

UPDATE 3-AB InBev sells Australian brewer to Asahi, keeps Asia IPO on radar
* Still believes in IPO at 'right valuation' (Adds advisers, details on negotiations and Asahi ranking)

Reuters Company News
Jul 19, 2019

Kansas City Southern revenue rises 4.6%
Railroad operator Kansas City Southern reported a 4.6% rise in quarterly revenue on Friday, helped by an increase in petroleum shipments to Mexico.

Reuters Company News
Jul 19, 2019

Brazil's Banco Inter launches $285 mln share offering - filing
Brazilian digital lender Banco Inter SA has officially launched a 1.06 billion reais ($285 million) share offering to raise capital, according to a securities filing on Friday.

Reuters Company News
Jul 19, 2019

GLOBAL MARKETS-Fed rate cut bets buoy stocks, dollar steadies
* Crude bounces after Trump says U.S. Navy destroys Iranian drone

Reuters Company News
Jul 19, 2019

UPDATE 1-Shareholders in Brazilian reinsurer IRB raise $2 bln in offering
Brazilian reinsurer IRB Brasil Resseguros SA set its price per share at 88 reais in a secondary share offering late on Thursday, according to a securities filing.

Reuters Company News
Jul 19, 2019

UPDATE 2-BlackRock's profit hit by lower fees for lending stocks
BlackRock Inc, the world's largest asset manager, took in less cash last quarter as investors moved into lower-cost bond funds, and it made less money lending out stocks.

Reuters Company News
Jul 19, 2019

UPDATE 2-Schlumberger names new CEO, tops revenue on international demand
Schlumberger NV said on Friday Chief Operating Officer Olivier Le Peuch will replace longtime Chief Executive Officer Paal Kibsgaard, as the company looks to shore up its position as a leader in drilling technology.

Reuters Company News
Jul 19, 2019

AmEx quarterly profit rises 8.5%
Credit card issuer American Express Co reported an 8.5% rise in second-quarter profit on Friday, boosted by higher customer spending.

Reuters Company News
Jul 19, 2019

US STOCKS-Microsoft brightens Wall St mood as rate cut hopes rise
U.S. stock futures inched higher on Friday as strong results for Microsoft's cloud business fed into a bullish mood following signs from New York Fed President John Williams that the U.S. central bank was set to cut interest rates this month.

Reuters Company News
Jul 19, 2019

PRESS DIGEST- Canada-July 19
The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

Reuters Company News
Jul 19, 2019

CORRECTED-Shareholders in Brazilian reinsurer IRB raise $2 bln in offering -source
Brazilian reinsurer IRB Brasil Resseguros SA set its price per share at 88 reais in a secondary share offering late on Thursday, two sources with knowledge of the matter said.

Reuters Company News
Jul 19, 2019

REFILE-Schlumberger profit jumps 14.4% on higher international activity
Schlumberger NV reported a 14.4% increase in quarterly profit on Friday, as demand in international markets helped the world's largest oilfield services provider counter weakness in North America.

Reuters Company News
Jul 19, 2019

World leaders, Apple CEO offer tributes to Japanese studio after attack
Tributes to the Japanese animation studio ravaged in a suspected arson attack lit up social media on Friday, with world leaders and Apple Inc's chief executive offering condolences to the families of the 33 people who were killed.

Reuters Company News
Jul 19, 2019

Activist hedge fund Elliott discloses stake in UK's Whitbread
Premier Inn owner Whitbread said on Friday activist investor Elliott Capital Advisors disclosed a stake of below 5% in the company.

Reuters Company News
Jul 19, 2019

Britain and Sweden agree to co-operate on fighter plans
Britain and Sweden agreed on Friday to study air combat co-operation and opened the door to other potential partners in a move that could see the Scandinavian country join a planned next-generation UK fighter project.

Reuters Company News
Jul 19, 2019

UPDATE 4-Oil rises after U.S. Navy downs Iranian drone; set for weekly fall
* Demand outlook remains bearish (Updates price, adds quotes)

Reuters Company News
Jul 19, 2019

Wall St Week Ahead-Prospect of Fed cut pushing dividend investors into tech, energy
An expected interest rate cut by the Federal Reserve later this month is pushing yield-oriented U.S. fund managers further afield in search of income at attractive prices.

Reuters Company News
Jul 19, 2019

RPT-U.S. ethanol plants expected to cut output on poor margins, oversupply
U.S. ethanol plants are expected to sharply curtail production in the weeks ahead as steep Midwest corn prices and the U.S.-China trade war have led to weak margins and oversupply, industry sources said.

Reuters Company News
Jul 19, 2019

UPDATE 1-Schlumberger names Olivier Le Peuch CEO, replacing Kibsgaard
Schlumberger NV said on Friday Chief Operating Officer Olivier Le Peuch will replace longtime Chief Executive Officer Paal Kibsgaard, as the top oilfield services provider bets on a technology expert to steer it back to its strengths in high-tech equipment.

Reuters Company News
Jul 19, 2019

Shareholders in Brazilian reinsurer IRB raise $2 bln in offering -source
Brazilian reinsurer IRB Brasil Resseguros SA set its price per share at 88 reais in a secondary share offering late on Thursday, two sources with knowledge of the matter said.

Reuters Company News
Jul 19, 2019

Schlumberger names Olivier Le Peuch CEO, replacing Kibsgaard
Schlumberger NV said on Friday Chief Operating Officer Olivier Le Peuch will replace longtime Chief Executive Officer Paal Kibsgaard, as the top oilfield services provider bets on a technology expert to steer it back to its strengths in high-tech equipment.

Reuters Company News
Jul 19, 2019

Indian utilities' coal imports in H119 rise over 53% from year ago
Coal imports by Indian coal utilities during the first half of 2019 rose 53.4% from a year earlier to 35.47 million tonnes, data provided by India's Central Electricity Authority (CEA) showed.

Reuters Company News
Jul 19, 2019

UPDATE 1-BlackRock second-quarter profit misses estimates
BlackRock Inc, the world's largest asset manager, missed analysts' estimates for quarterly profit on Friday, as investment advisory and securities lending revenue fell and costs rose.

Reuters Company News
Jul 19, 2019

UPDATE 1-Autoliv slashes full-year outlook after quarterly profit slide
Sweden's Autoliv cut its 2019 sales growth outlook on Friday, as the car safety equipment maker became the latest casualty of a deteriorating auto industry to report weaker than expected quarterly earnings.

Reuters Company News
Jul 19, 2019

UPDATE 2-AB InBev sells Australian brewer to Asahi, keeps Asia IPO on radar
* Still believes in IPO at 'right valuation' (Adds IPO prospects, analyst, shares, Asahi comment)

Reuters Company News
Jul 19, 2019

UPDATE 2-PepsiCo to buy South Africa's Pioneer Food for $1.7 bln
* Investment a boost for struggling South African economy (Adds background, Pioneer CEO comment,)

Reuters Company News
Jul 19, 2019

BlackRock second-quarter profit falls 6.5%
BlackRock Inc, the world's largest asset manager, on Friday reported a 6.5% drop in second-quarter profit, as investment advisory and securities lending revenue fell and costs rose.

Reuters Company News
Jul 19, 2019

Autoliv slashes full-year outlook after quarterly profit slide
Sweden's Autoliv cut its 2019 organic sales growth outlook on Friday, as the car safety equipment maker became the latest casualty of a deteriorating auto industry to report a quarterly earnings miss.

Reuters Company News
Jul 19, 2019

Rio Tinto under fire as Mongolia presses for mine deal changes
Mongolia will vote in August to rip up parts of an investment agreement with Rio Tinto for the Oyu Tolgoi copper mine, which may force the miner to make concessions in a project beset by delays and political squabbles.

Reuters Company News
Jul 19, 2019

Deals of the day-Mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Friday:

Reuters Company News
Jul 19, 2019

UPDATE 5-BMW picks insider Zipse as CEO to catch up with rivals
BMW has named Oliver Zipse as its new CEO, continuing the German carmaker's tradition of promoting production chiefs to the top job even as the auto industry expands into new areas such as technology and services.

Reuters Company News
Jul 19, 2019

UPDATE 1-Britain's delay on Huawei 5G decision harming international ties -UK lawmakers
Britain's new prime minister must urgently make a decision on the role China's Huawei will have in next-generation 5G networks as the ongoing debate is damaging international relations, a powerful committee of British lawmakers said on Friday.

Reuters Company News
Jul 19, 2019

Amerisur Resources explores sale, gets non-binding proposal
UK oil and gas company Amerisur Resources Plc said on Friday it had received a non-binding proposal as well as other indicative offers for some assets as the company reviews strategic options, including a potential sale.

Reuters Company News
Jul 19, 2019

UPDATE 2-Barrick set to take full control of Acacia after raising bid
* Deal represents 24.3% premium to Thursday's close (Adds quotes, detail, context)

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