|
Oct 23, 2019
Higher deliveries of Gulfstream jets
helped U.S. aerospace and defense company General Dynamics Corp
report a 7.3% rise in quarterly profit on Wednesday, but
its shares were flat in pre-market trading after gaining 2.5% on
Tuesday.
|
|
Oct 23, 2019
Boeing Co on
Tuesday ousted the top executive of its commercial airplanes
division, Kevin McAllister, marking the first high-level
departure since two fatal crashes of its 737 MAX jets.
|
|
Oct 23, 2019
Boeing Co reported a 53% drop in
quarterly profit on Wednesday as the world's largest planemaker
was hurt by the grounding of its best-selling 737 MAX jets.
|
|
Oct 23, 2019
Blackstone Group Inc, the world's
largest manager of alternative assets such as private equity and
real estate, said on Wednesday its distributable earnings in the
third quarter fell 8% year-on-year, but still beat analyst
estimates.
|
|
Oct 23, 2019
Wall Street was set to open lower on
Wednesday after warnings from Caterpillar and Texas Instruments
rekindled worries about a global economic slowdown due to
U.S.-China trade tensions.
|
|
Oct 23, 2019
Boeing Co reported a 53% drop in
quarterly profit on Wednesday, as the world's largest planemaker
was hurt by the grounding of its best-selling 737 MAX jets.
|
|
Oct 23, 2019
China is likely to become the first
country in the world to start mining seabed minerals if the
international rules for exploitation are approved next year, the
head of the International Seabed Authority (ISA) said.
|
|
Oct 23, 2019
* Value of many of SoftBank's biggest tech bets falling
(Updates share price)
|
|
Oct 23, 2019
Canada's Rogers Communications Inc
cut its full-year revenue forecast on Wednesday after
the company added fewer wireless subscribers in the third
quarter due to stiff competition.
|
|
Oct 23, 2019
Canada's main stock index futures
edged lower on Wednesday, weighed by lower oil prices, which
declined on data showing a bigger-than-expected rise in U.S.
crude stocks.
|
|
Oct 23, 2019
* Brexit developments sap share rally, pound yanked off
$1.30
|
|
Oct 23, 2019
Canada Pension Plan Investment Board
(CPPIB) said on Wednesday it would sell its 39% stake in
European car park manager Interparking to Dutch pension fund
APG.
|
|
Oct 23, 2019
Eli Lilly and Co's quarterly
sales missed Wall Street estimates on Wednesday due to a
weaker-than-expected performance of its diabetes drug Trulicity
because of lower realized prices, sending shares down 3%.
|
|
Oct 23, 2019
Blackstone Group Inc, the world's
largest manager of alternative assets such as private equity and
real estate, said on Wednesday that its distributable earnings
in the third quarter fell 8% year-on-year, surpassing most
analyst estimates.
|
|
Oct 23, 2019
Intense dialogue between British
and European Union financial regulators must start now or London
risks being cut off from the bloc after Brexit, a top banking
lobbyist said on Wednesday.
|
|
Oct 23, 2019
The following are the top stories from
Canada's The Globe and Mail newspaper. Reuters has not verified
these stories and does not vouch for their accuracy.
|
|
Oct 23, 2019
U.S. exchange operator Nasdaq Inc
beat Wall Street estimates for third-quarter profit on
Wednesday, boosted by higher revenue in its units that provide
news and other information to traders.
|
|
Oct 23, 2019
* Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv
(Updates with news of Johnson-Corbyn meeting)
|
|
Oct 23, 2019
Rogers Communications Inc
reported a fall in its third-quarter profit on Wednesday on
lower subscription growth.
|
|
Oct 23, 2019
General Dynamics Corp reported a
7.3% rise in quarterly profit on Wednesday , driven by higher
deliveries of its Gulfstream jet.
|
|
Oct 23, 2019
U.S. exchange operator Nasdaq Inc
reported an 8% drop in third-quarter profit, hit by
higher expenses and restructuring charges.
|
|
Oct 23, 2019
Samsung Electronics Co Ltd
has updated software to fix problems with
fingerprint recognition features on its flagship Galaxy S10 and
Note 10 smartphones, it said on Wednesday.
|
|
Oct 23, 2019
Caterpillar Inc reported a 13.5%
fall in quarterly profit on Wednesday, hit by weak demand in its
construction and resources units, and the company cut its 2019
profit forecast.
|
|
Oct 23, 2019
Eli Lilly and Co reported a 9.1%
increase in third-quarter profit on Wednesday, helped by higher
sales of its top-selling diabetes drug, Trulicity, and lower tax
expense.
|
|
Oct 23, 2019
Sweden aims to scrap subsidies
for onshore wind farm projects at around the same time as
Norway, which will halt its programme at the end of 2021,
Swedish Energy Minister Anders Ygeman said on Wednesday.
|
|
Oct 23, 2019
Anthem Inc reported a
better-than-expected quarterly profit on Wednesday as it
benefited from higher sales of its government-backed health
plans, prompting the health insurer to raise its full-year
profit forecast.
|
|
Oct 23, 2019
Swedish auto technology group
Veoneer on Wednesday reported a
smaller-than-expected third-quarter operating loss,
overshadowing a cut to its full-year organic sales forecast and
sending shares sharply higher.
|
|
Oct 23, 2019
Brazilian real estate company
Log Commercial Properties priced a follow-on share
offering at 22.50 reais apiece, according to a securities filing
on Wednesday, raising 637.8 million reais ($156.3 million) with
the transaction.
|
|
Oct 23, 2019
Health insurer Anthem Inc
reported a 23% rise in quarterly profit on Wednesday, boosted by
its new pharmacy benefits business and higher sales of its
government-backed health plans.
|
|
Oct 23, 2019
Lawyers for U.S. President
Donald Trump and New York state prosecutors trying to obtain
Trump's tax returns are set to face off in a federal appeals
court Wednesday.
|
|
Oct 23, 2019
Facebook Inc chief
executive Mark Zuckerberg will be grilled by lawmakers over the
company's plan to launch a digital currency and efforts to
prevent foreign election interference when he appears before a
Congressional panel on Wednesday.
|
|
Oct 23, 2019
* Says structural reforms under way, downsizing LCD lines
(Recasts with capex, structural reforms)
|
|
Oct 23, 2019
* GRAPHIC: https://tmsnrt.rs/2W41Vq3
(Adds analyst comments, background, labour negotiations)
|
|
Oct 23, 2019
The following bids, mergers, acquisitions
and disposals were reported by 1000 GMT on Wednesday:
|
|
Oct 23, 2019
* CEO says concerns about an immediate cash shortfall
allayed
|
|
Oct 23, 2019
China is likely to become the first
country in the world to start mining seabed minerals if the
international rules for exploitation are approved next year, the
head of the International Seabed Authority (ISA) said.
|
|
Oct 23, 2019
* Brexit developments sap rally in global shares, pound
yanked off
%1.30
|
|
Oct 23, 2019
* Q3 adj EPS estimate 42 cents loss, rev to fall 7% -
Refinitiv
|
|
Oct 23, 2019
* Russia, Turkey agree to remove Kurdish YPG from Syria
border
|
|
Oct 23, 2019
Huawei
Technologies Co Ltd started taking orders on Wednesday
in China for its eagerly awaited foldable smartphone, as it
ramps up marketing at home to make up for weak overseas sales
amid U.S. trade sanctions.
|
|
Oct 23, 2019
South African Airways (SAA)
and Comair began returning grounded planes to service
on Wednesday a day after safety regulators flagged maintenance
problems.
|
|
Oct 23, 2019
The animosity between Japan and
South Korea is entwined with the history of Japan's 1910-45
occupation of the Korean peninsula, the mobilisation of forced
labour at companies and women in wartime brothels, and a row
over the ownership of islets in the sea between the two nations.
|
|
Oct 23, 2019
* Auto stocks gain on PSA earnings
(Adds comments; updates prices)
|
|
Oct 23, 2019
* Mechanical and design issues contributed to crash
-investigators
|
|
Oct 23, 2019
People in more than 180,000 homes and
businesses in California could find themselves in the dark as
Pacific Gas & Electric again plans to shut off power in
parts of 17 counties for up to two days, as a preventive measure
against wildfires.
|
|
Oct 23, 2019
* Kim says S.Korean facilities are like 'makeshift tents'
-KCNA
|
|
Oct 23, 2019
Most major Gulf indexes opened lower on
Wednesday, with Saudi hurt by a slew of weak earnings, while
Qatar extended losses for a fifth straight session.
|
|
Oct 23, 2019
* Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv
|
|
Oct 23, 2019
Japan's SoftBank Group Corp
is leading a 190 million reais ($46.65 million) third
financing round for Brazilian marketplace integrator Olist,
according to a joint statement on Wednesday.
|
|
Oct 23, 2019
Mexican President Andres
Manuel Lopez Obrador took office in December promising to reduce
public spending to free up more resources for the poor. But his
austerity drive has left media outlets reeling, and raised
questions about whether Lopez Obrador is trying to influence
coverage.
|
|
Oct 23, 2019
* Aramco wants anchor investors to cover no less than 40%
-source
|
|
Oct 23, 2019
Apple Inc supplier Japan Display
Inc said on Wednesday that concerns about immediate
cash shortfall have been resolved as a "client," which a source
familiar with the matter said is Apple, has agreed to
shorten a payment period.
|
|
Oct 23, 2019
European shares fell on Wednesday as a
warning from U.S.-based Texas Instruments about a slowdown in
the global tech industry weighed on European technology stocks,
while UK lawmakers hit the pause button on Britain's exit from
the European Union.
|
|
Oct 23, 2019
Japan's key benchmark stock index
edged up to a one year-high, supported by gains for the phrama
sector thanks to drugmaker Eisai rallying hard, though weak
chip-related stocks capped the gains after disappointing results
from Texas Instruments.
|
|
Oct 23, 2019
* SoftBank agrees to spend more than $10 bln to take over
WeWork
|
|
Oct 23, 2019
Fujairah Oil Industry Zone on Wednesday published, via
industry information service S&P Global Platts, the following weekly inventory data for oil
products for the week ended Oct. 21.
Volumes are in thousands of barrels. Figures in brackets represent volume change from prior
week calculated by Reuters.
Week Light Distillates Middle Residual Fuels Total
Distillates
2019
|
|
Oct 23, 2019
* Mechanical and design issues behind crash, investigators
say
|
|
Oct 23, 2019
* PropertyGuru "challenging" - fund manager
(Adds portfolio manager comment)
|
|
Oct 23, 2019
* SPDR Gold Trust holdings fell 0.5% on Tuesday
(Adds comment; updates prices)
|
|
Oct 23, 2019
PSA Group reported a
rise in third-quarter revenue on Wednesday on strong demand for
its pricier SUV models, but the French carmaker said overall
vehicle sales fell, and it lowered outlook for major auto
markets.
|
|
Oct 23, 2019
* NZ index records worst session in over 2 mths
(Changes throughout, updates to close)
|
|
Oct 23, 2019
New negotiations with the European Union
could be an alternative to imposing tariffs on automotive
imports next month, U.S. Commerce Secretary Wilbur Ross has
suggested in an interview with the Financial Times published on
Wednesday.
|
|
Oct 23, 2019
* Liquid e-cigarettes serious risk to public health -
S.Korea
|
|
Oct 23, 2019
Mechanical and design issues
contributed to the crash of a Lion Air 737 MAX jet last October,
according to Indonesian investigators' briefing to victims'
families on Wednesday ahead of the release of a final report.
|
|
Oct 23, 2019
* SPDR Gold Trust holdings fell 0.5% on Tuesday
(Updates prices)
|
|
Oct 23, 2019
U.S. Commerce Secretary Wilbur Ross has
suggested in an interview with the Financial Times that new
negotiations with the European Union could be an alternative to
imposing tariffs on automotive imports next month.
|
|
Oct 23, 2019
The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
|
|
Oct 23, 2019
The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
|
|
Oct 23, 2019
Shanghai nickel prices rose on
Wednesday, tracking gains overnight in London, buoyed by supply
concerns amid falling inventories and following an accident at
major nickel producer Nornickel's mine in Siberia.
|
|
Oct 22, 2019
Malaysia has discussed a $2
billion to $3 billion settlement with Goldman Sachs over
the U.S. bank's alleged role in the 1MDB scandal, Bloomberg
reported on Wednesday, less than half the sum the Southeast
Asian nation had demanded earlier.
|
|
Oct 22, 2019
* Value of many of SoftBank's biggest tech bets falling
(Adds comment, details on SoftBank's finances)
|
|
Oct 22, 2019
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FACTORS TO WATCH
No major events are scheduled for the day.
LIVECHAT - EQUITIES FOCUS
Reuters stocks correspondents in London and New York sift through a heavy
corporate earnings we
|
|
Oct 22, 2019
Japan's Nikkei share average was
little changed on Wednesday, running out of steam after climbing
to a 10-1/2-month high, with weak chip-related stocks preventing
further gains after disappointing results from Texas
Instruments.
|
|
Oct 22, 2019
Teekay LNG's liquefied
natural gas (LNG) tanker venture, the Yamal LNG Joint Venture,
is no longer subject to U.S. sanctions after a change of
ownership at its partner China LNG Shipping (Holdings) Ltd,
Teekay companies said late on Tuesday.
|
|
Oct 22, 2019
South Korea's health minister on
Wednesday "strongly advised" the public to stop using liquid
e-cigarettes as growing health concerns fuel a global backlash
against vaping.
|
|
Oct 22, 2019
U.S. stock futures and Asian
shares slipped on Wednesday as revenue warnings from Texas
Instruments raised worries about the global tech sector and
after British lawmakers forced the government to hit the pause
button on the latest Brexit deal.
|
|
Oct 22, 2019
Morgan Stanley has
usurped rivals including Deutsche Bank, Citigroup, Credit Suisse
and Goldman Sachs to lead the relaunch of a $1.45 billion IPO -
Hong Kong's second-largest this year - in an unusually brutal
shuffling of banks' roles on a big deal.
|
|
Oct 22, 2019
Indonesian President Joko Widodo
on Wednesday named 35-year-old Nadiem Makarim, the co-founder
and ex-chief executive of ride-hailing and payments firm Gojek,
as education and culture minister.
|
|
Oct 22, 2019
London nickel fell on
Wednesday, after a short rebound in the previous session, while
Shanghai nickel rose tracking overnight gains in London.
|
|
Oct 22, 2019
SoftBank Group Corp agreed to
spend more than $10 billion to take over U.S. office-space
sharing startup WeWork on Tuesday, doubling down on an ill-fated
investment and paying off its co-founder Adam Neumann to
relinquish control.
|
|
Oct 22, 2019
Round-up of South Korean financial
markets:
** South Korean shares fell on Wednesday, after British
lawmakers rejected their government's timetable to rush through
in clearing a divorce deal with European Union within a set
deadline. Both the Korean won and the benchmark bond yield fell.
** British Prime Minister Boris Johns
|
|
Oct 22, 2019
Southeast Asia online realty
company PropertyGuru is cancelling its initial public offering
(IPO) in Australia because of market uncertainty, Chairman
Olivier Lim said on Wednesday.
|
|
Oct 22, 2019
* Shares of N.Korean exposed companies fall in Seoul
(Adds bullet points, Unification Ministry comment, Hyundai
reaction, share prices)
|
|
Oct 22, 2019
Private equity firms KKR
and TPG Capital have canceled the initial public offering (IPO)
of their Southeast Asia online realty company PropertyGuru, due
to uncertainty in the market, two sources with knowledge of the
matter told Reuters.
|
|
Oct 22, 2019
Gold prices were steady on Wednesday, as
investors waited for clarity on Brexit confusion after UK
lawmakers voted for Prime Minister Boris Johnson's divorce plan
but opposed his tight timetable to complete the legislative
process in three days.
|
|
Oct 22, 2019
* Value of many of SoftBank's biggest tech bets falling
(Adds details of stock performance)
|
|
Oct 22, 2019
Oct 23 - The following are the top stories on the business
pages of British newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
|
|
Oct 22, 2019
Asian shares and U.S. stock
futures dipped on Wednesday after British lawmakers rejected
the government's timetable to fast-track legislation for its
deal to take Britain out of the European Union.
|
|
Oct 22, 2019
* Aluminium Production by Power Source: https://tmsnrt.rs/2P737Hx
|
|
Oct 22, 2019
Shares of SoftBank Group Corp
fell 2% in early morning trading on Wednesday as the
tech conglomerate moves to take over beleaguered office-space
sharing startup, WeWork, with a funding injection of $10
billion.
|
|
Oct 22, 2019
U.S. technology company Maxar
Technologies Inc said it picked software developed by
space startup Olis Robotics to run a robotic lunar lander that's
part of NASA's broader goal of human moon missions by 2024.
|
|
Oct 22, 2019
North Korean leader Kim Jong Un
said South Korean facilities in the North's Mt Kumgang tourist
resort must be removed and rebuilt in a modern way, state media
reported on Wednesday, underscoring the cooling of relations
between the two countries.
|
|
Oct 22, 2019
Brazil's President Jair
Bolsonaro on Tuesday hailed the Senate's approval of a sweeping
overhaul of the nation's pension system as a launch pad for the
wider economy, although voting on the last few remaining
amendments was delayed to the following day.
|
|
Oct 22, 2019
Bain Capital will not launch a management
roadshow for the potential listing of Boost Juice owner Retail
Zoo due to market volatility, a Bain Capital spokesman told
Reuters on Wednesday.
|
|
Oct 22, 2019
* Smaller EVs a way to make costly EV battery tech more
affordable
|
|
Oct 22, 2019
A New York-led probe into
allegations that Facebook Inc put consumer data at risk
and pushed up advertising rates has expanded to include
attorneys general from 47 U.S. states and territories, New York
Attorney General Letitia James said in a statement on Tuesday.
|
|
Oct 22, 2019
Saks Fifth Avenue owner Hudson's Bay Co
said on Monday it agreed to a sweetened C$1.9 billion
($1.5 billion) offer from a shareholder group led by executive
chairman Richard Baker to take the struggling Canadian
department store operator private.
|
|
Oct 22, 2019
U.S. Defense Secretary Mark
Esper has removed himself from reviewing a disputed $10 billion
cloud computing deal because of a possible conflict of interest,
a move that could further delay the contract-award process.
|
|
Oct 22, 2019
Canadian Prime Minister Justin
Trudeau on Tuesday faced the cold reality of a minority
government that will likely be forced to tilt left to survive, a
move that risks upsetting the business community and stoking
alienation in oil-producing provinces.
|
|
Oct 22, 2019
Nike Inc's long-time chief
executive officer, Mark Parker, will step down next year and be
replaced by board member and former eBay CEO John Donahoe, who
will be tasked with strengthening the sportswear maker's online
strategy.
|
|
Private Label