|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
Lockheed Martin was
awarded a $1.48 billion contract to build the THAAD missile
defense system for Saudi Arabia, the Pentagon said on Friday.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
* IEA does not expect "huge increase" in crude prices
(Adds CFTC data)
|
|
Jul 19, 2019
* Indexes down: Dow 0.25%, S&P 500 0.62%, Nasdaq 0.74%
(Updates to market close)
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
* Indexes down: Dow 0.02%, S&P 500 0.40%, Nasdaq 0.53%
(Updates to late afternoon, changes byline, adds NEW YORK to
dateline)
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
* IEA does not expect 'huge increase' in crude prices
(Adds tanker seizure, updates to settlement)
|
|
Jul 19, 2019
* Crude choppy after Trump says U.S. Navy destroys Iranian
drone
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
* Indexes up: Dow 0.30%, S&P 0.11%, Nasdaq 0.18%
(Updates to early afternoon)
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
* STOXX up 0.1% for week, buoyed by rate cut hopes
(Updates to close)
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
* Indexes up: Dow 0.23%, S&P 0.09%, Nasdaq 0.14%
(Changes comment, adds details; Updates prices)
|
|
Jul 19, 2019
* Crude choppy after Trump says U.S. Navy destroys Iranian
drone
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
* Indexes up: Dow 0.28%, S&P 0.27%, Nasdaq 0.37%
(Updates to open)
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
* Sees FY adj operating margin 9.0%-9.5% vs about 10.5%
previously
|
|
Jul 19, 2019
* Futures up: Dow 0.27%, S&P 0.16%, Nasdaq 0.23%
(Adds comment, details; Updates prices)
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
* FUELCELL ENERGY INC - RECEIVED A LETTER FROM NASDAQ STOCK
MARKET
STATING THAT CO IS NOT IN COMPLIANCE WITH NASDAQ LISTING RULE
5450(A)(1)
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
* Still believes in IPO at 'right valuation'
(Adds advisers, details on negotiations and Asahi ranking)
|
|
Jul 19, 2019
Railroad operator Kansas City Southern
reported a 4.6% rise in quarterly revenue on Friday,
helped by an increase in petroleum shipments to Mexico.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
* Crude bounces after Trump says U.S. Navy destroys Iranian
drone
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
Credit card issuer American Express Co
reported an 8.5% rise in second-quarter profit on
Friday, boosted by higher customer spending.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
The following are the top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
Premier Inn owner Whitbread said
on Friday activist investor Elliott Capital Advisors
disclosed a stake of below 5% in the company.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
* Demand outlook remains bearish
(Updates price, adds quotes)
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
* Still believes in IPO at 'right valuation'
(Adds IPO prospects, analyst, shares, Asahi comment)
|
|
Jul 19, 2019
* Investment a boost for struggling South African economy
(Adds background, Pioneer CEO comment,)
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
The following bids, mergers,
acquisitions and disposals were reported by 1000 GMT on Friday:
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
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.
|
|
Jul 19, 2019
* Deal represents 24.3% premium to Thursday's close
(Adds quotes, detail, context)
|
|
Private Label