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worldNews reuters.com

Dead Bangladesh-American suspect was friend of cafe attacker: police

DHAKA (Reuters) - One of nine suspected militants killed in a police raid in Bangladesh this week was a Bangladeshi-American who was a friend of one of the gunmen who attacked a cafe on July 1 killing 22 people, police said on Thursday.

topNews reuters.com

China, Russia navies to hold drills in South China Sea: China

BEIJING (Reuters) - China and Russia will hold "routine" naval drills in the South China Sea in September, China's defense ministry spokesman Yang Yujun told a news conference on Thursday.

rbssEnergyNews reuters.com

UPDATE 2-Swiber to wind up, biggest Singapore casualty of oil slump

* Singapore oil and gas-related stocks tumble (Adds comment from lender, context on oilfield companies)

financialsSector reuters.com

BRIEF-The UK's CMA clears Hammerson's shopping centre acquisition

July 28 (Reuters) - The UK's Competition and Markets Authority (CMA):

rbssHealthcareNews reuters.com

BRIEF-Doxa Q2 pre-tax loss narrows to SEK 3.4 million

* Q2 pre-tax loss 3.4 million Swedish crowns ($395,592) versus 3.7 million crowns year ago

financialsSector reuters.com

BRIEF-Countryside says demand for housing remains strong

* "While it remains too early to tell what longer term impact of EU referendum on consumers may be, demand for housing remains strong" Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

financialsSector reuters.com

BRIEF-Spectris completes acquisiton of German firm Discom Elektronische

* Announces that it has completed acquisition of German privately-held Discom Elektronische Systeme Und Komponenten Gmbh

companyNews reuters.com

BRIEF-BAE Systems wins $245 mln defence supply contract

* Says MK 45 is in service with US navy and 10 other allied nations

companyNews reuters.com

European shares slip as Dialog dives while Shell slides

LONDON, July 28 (Reuters) - European shares retreated on Thursday, weighed down by some weak corporate updates out from the likes of Dialog Semiconductor and oil major Royal Dutch Shell.

financialsSector reuters.com

UPDATE 1-Brexit shockwaves hit UK consumers, companies brace for slowdown

LONDON, July 28 (Reuters) - Shockwaves from Britain's vote to leave the European Union are reverberating through the economy, with surveys published on Thursday showing a dive in consumer confidence and a slowdown in construction.

businessNews reuters.com

Shell misses expectations with 70 percent earnings plunge

LONDON (Reuters) - Royal Dutch Shell reported a more than 70 percent fall in quarterly profit on Thursday, well below analyst estimates, blaming weak oil prices, poor refining profits and higher charges resulting from its $54 billion acquisition of BG Group.

financialsSector reuters.com

BRIEF-International Personal Finance H1 underlying profit before tax falls

* Group impairment as a percentage of revenue in target range at 25.9 pct

financialsSector reuters.com

BRIEF-CYBG maintains FY guidance, sees no significant short-term Brexit impacts

* Confirms that trading in 3 months to 30 June 2016 has been in line with expectations and prior guidance

industrialsSector reuters.com

With eye on China, India doubles down on container hub ports

NEW DELHI, July 28 (Reuters) - An Indian conglomerate has started building the country's first transshipment port, conceived 25 years ago, and the government will construct another $4-billion facility nearby to create a shipping hub rivalling Chinese facilities in the region.

industrialsSector reuters.com

UPDATE 1-Sony says to sell battery business to Murata Manufacturing

* Slowing demand for smartphones has weighed on Sony profits (Adds details on deal, context)

rbssEnergyNews reuters.com

UPDATE 1-Shell misses expectations with 70 percent earnings plunge

* Current cost of supplies of $1 bln miss analysts' estimates

financialsSector reuters.com

BRIEF-Intu raises guidance on growth in like-for-like net rental income for 2016

* For first six months, a 10 percent increase in underlying earnings per share driven by growth in net rental income of 7.5 percent on like-for-like basis

hotStocksNews reuters.com

BUZZ-Intu: 2nd top FTSE gainer as forecast hike eases Brexit concerns

** British shopping centre landlord Intu Properties +3%, 2nd top FTSE 100 gainer & hits its highest since Brexit vote concerns pulled down property stocks

companyNews reuters.com

China issues regulations for online ride-hailing services

BEIJING, July 28 (Reuters) - China has issued the final version of a policy to regulate booming online-ride hailing services, according to a document made public on Thursday, for a sector in which Uber Technologies Inc and Chinese rival Didi Chuxing compete aggressively.

industrialsSector reuters.com

UPDATE 2-Turkey coup and disruption force Thomas Cook profit outlook cut

* Shares up 5.5 pct at 0710 GMT, after initial 1.7 pct fall (Adds background, details, share price)

innovationNews reuters.com

Avnet offers to buy UK's Premier Farnell for $911 million

(Reuters) - U.S. electric component distributor Avnet Inc agreed to buy Britain's Premier Farnell Plc for 691 million pounds ($910.7 million) in cash, becoming the second suitor for the...

bondsNews reuters.com

WRAPUP 1-Pressure for BOJ easing intensifies as economy minister urges action

* Abe's spending package is a "powerful" message to BOJ-Ishihara

industrialsSector reuters.com

China stocks close up on consumer rally, shake off weak financials

SHANGHAI, July 28 (Reuters) - China stocks closed up on Thursday as rises in auto stocks and industrials offset declines in financials resulting from news of a pending crackdown on stock investments by China's massive wealth management industry.

companyNews reuters.com

Avnet offers to buy UK's Premier Farnell for $911 mln

July 28 (Reuters) - U.S. electric component distributor Avnet Inc agreed to buy Britain's Premier Farnell Plc for 691 million pounds ($910.7 million) in cash, becoming the second suitor for the mini-computer maker.

businessNews reuters.com

Volkswagen first-half brand profit falls on scandal effects, lower sales

BERLIN (Reuters) - Volkswagen on Thursday reported lower first-half profit at its core namesake brand, citing effects of the diesel emissions scandal and lower deliveries.

companyNews reuters.com

BRIEF-Blackbird Energy to acquire minority interest in Stage Completions

* Entered into an agreement for acquisition of an indirect 10% minority interest in stage completions inc

sportsNews reuters.com

Bolt arrives in Rio for shot at immortality

KINGSTON (Reuters) - Jamaica's Usain Bolt has landed in Rio de Janeiro more than a week before the Olympics opening ceremony to fine tune his preparations for his attempt at an unprecedented triple-triple of gold medals in the men's sprints.

companyNews reuters.com

UPDATE 1-Adidas hikes 2016 goals for fourth time on Euro 2016 sales

* Shares rise 4 pct to top of DAX index (Adds share price indication, details)

industrialsSector reuters.com

UPDATE 1-Suez to boost stake in Italy's ACEA, drops 2017 target

* Says 2016 target will be hard to meet, boosts cost cuts (Adds CEO comments)

technologySector reuters.com

BRIEF-INES to retire 3.5 mln shares on Aug. 16

* Says the total shares outstanding will be 28.6 million shares after the retirement

hotStocksNews reuters.com

UPDATE 1-Rolls-Royce sticks to annual forecast as turnaround takes shape

LONDON, July 28 (Reuters) - British engineering company Rolls-Royce stuck to its prediction that profit would improve in the second-half of the year, as it said its turnaround plan would deliver...

technologySector reuters.com

UPDATE 1-Countrywide warns on results as Brexit hits property market

July 28 (Reuters) - Countrywide Plc, the UK's biggest lettings and estate agency company, warned on full-year core earnings on Thursday, saying that commercial and London residential transactions had stalled after Britain voted in June to leave the European Union.

technologySector reuters.com

BRIEF-Grupo Ezentis reports H1 EBITDA up at 14.8 million euros

* H1 EBITDA 14.8 million euros ($16.41 million) versus 11.4 million euros year ago

industrialsSector reuters.com

Second French church attacker was known to police - source

PARIS, July 28 (Reuters) - Police have identified the second assailant who attacked a church in northern France this week as a 19-year-old known to security services as suspected of having Islamist militant links, sources said on Thursday.

companyNews reuters.com

UPDATE 1-AstraZeneca earnings hit by waning cholesterol drug sales

* Drugmaker banking on cancer medicines for future growth (Adds CEO comment and details on drugs)

companyNews reuters.com

UPDATE 1-UK Stocks-Factors to watch on July 28

July 28 (Reuters) - Britain's FTSE 100 index is seen opening flat, according to financial bookmakers. Futures were marginally lower at 0650 GMT, ahead of the cash market open.

rbssHealthcareNews reuters.com

BRIEF-Meganesuper updates restatement of financial results

* Says it has filed its annual reports for the fiscal year ended April 30, 2011-2015

companyNews reuters.com

BRIEF-Merck & Co and AmoyDx collaborate to bring liquid biopsy RAS biomarker testing to China

* Merck and AmoyDx collaborate to bring liquid biopsy RAS biomarker testing to China

nonCyclicalConsumerGoodsSector reuters.com

CORRECTED-UPDATE 1-Brazil, Europe outside France lift Carrefour Q2 profits

PARIS, July 28 (Reuters) - Europe's largest retailer Carrefour said underlying operating profit rose 5.3 percent in the first half while sales growth slowed in the second quarter, reflecting challenging conditions in its core French market and losses in China.

rbssHealthcareNews reuters.com

BRIEF-Grifols reports H1 EBITDA at 553.6 mln euros

* H1 net profit 264.4 million euros ($293.1 million) versus 256 million euros in Reuters poll

technologySector reuters.com

BRIEF-Pylon signs distribution agreement with Audiovertrieb

* Signs distribution agreement with Audiovertrieb for sale of its pylon audio brand products in Germany and Austria

technologySector reuters.com

BRIEF-Tecnocom H1 net profit jumps to 3.0 mln euros YoY

* H1 net profit 3.0 million euros ($3.3 million) versus 225,000 euros year ago

technologyNews reuters.com

SoftBank first-quarter profit flat, signs of sharp Sprint recovery seen

TOKYO (Reuters) - SoftBank Group Corp reported flat first-quarter operating profit as solid earnings for its domestic telecommunications business offset losses at U.S. unit Sprint Corp .

businessNews reuters.com

Boeing's iconic 747 era could come to an end

(Reuters) - Boeing Co could end production of the iconic 747 aircraft as the world's biggest plane maker fights falling orders and pricing pressure on the plane, according to a regulatory filing on Wednesday.

cyclicalConsumerGoodsSector reuters.com

UK's Merlin sees currency benefit to full-year results

* H1 pretax 50 million pounds on rev up 5.3 pct to 573 million

rbssHealthcareNews reuters.com

BRIEF-Xin Jiang Ready Health Industry and unit scrap divestiture of biological product co

July 28 (Reuters) - Xin Jiang Ready Health Industry Co., Ltd. :

rbssHealthcareNews reuters.com

BRIEF-Chem Tech Research issues 5 bln won worth of convertible bonds

* Says it completes the issuance of its ninth convertible bonds as of July 28

rbssEnergyNews reuters.com

Weir says CEO to step down; H1 profit down 25 pct

July 28 (Reuters) - Pipe and valve maker Weir Group Plc said Chief Executive Keith Cochrane would step down, and reported a 25 percent fall in first-half pretax profit as oil and gas companies cut spending to counter weak commodity prices.

cyclicalConsumerGoodsSector reuters.com

Adidas raises 2016 forecast for a fourth time

FRANKFURT, July 28 (Reuters) - German sporting goods group Adidas raised its 2016 guidance for a fourth time this year after reporting a 21 percent jump in second-quarter sales.

rbssHealthcareNews reuters.com

BRIEF-Chem Tech Research issues 10 bln won worth bonds with warrants

* Says it completes the issuance of its first bonds with warrants as of July 28

rbssHealthcareNews reuters.com

BRIEF-Diamyd Medical: Companion Medical receives FDA clearance

* Companion Medical Inc. receives 510 clearance from the FDA for the InPen system, an intelligent insulin administration system and smartphone application

technologySector reuters.com

UPDATE 1-LG Elec Q2 profit at 2-yr high, mobile remains a drag

* Mobile division reports 5th straight quarter of losses (Updates with comments from LG Electronics, background)

technologySector reuters.com

BRIEF-SoftBank CEO Son: Has received no offer from Yahoo Inc over Yahoo Japan shares

- has received no offer from Yahoo Inc over Yahoo Japan shares

mergersNews reuters.com

BRIEF-Avnet makes 185p/shr cash offer for Premier Farnell

* Under terms of transaction, each premier farnell shareholder will be entitled to receive: for each premier farnell share: 185 pence in cash

mergersNews reuters.com

BRIEF-Premier Farnell withdraws recommendation for Datwyler offer after Avnet's cash offer

* Statement regarding withdrawal of board recommendation of offer from Datwyler Technical Components UK Limited

cyclicalConsumerGoodsSector reuters.com

UPDATE 1-Turkey coup and disruption prompts Thomas Cook to cut profit outlook

LONDON, July 28 (Reuters) - British travel company Thomas Cook cut its full-year profit target on Thursday as the Brexit-induced collapse in the pound, attacks in Europe and a failed coup in Turkey forced customers to cancel holidays.

rbssHealthcareNews reuters.com

BRIEF-Nicox raises 18 mln euros to finance R&D

* Nicoxraises 18 million euros ($20.0 million) to finance development of its pipeline

domesticNews reuters.com

Florida teenager arrested for threatening to kill police: media

(Reuters) - A Florida teenager accused of threatening to kill police was arrested in New York City on Wednesday, national media reported.

marketsNews reuters.com

UPDATE 1-SoftBank Q1 profit flat, signs of sharp Sprint recovery seen

financialsSector reuters.com

Weak sterling pushes Schroders assets to record high in H1

LONDON, July 28 (Reuters) - Schroders, Britain's largest listed asset manager, posted an 11 rise in assets under management on Thursday, beating forecasts and helped by the fall in the pound caused by Britain's vote to leave the European Union.

cyclicalConsumerGoodsSector reuters.com

JCDecaux to cut investments in Britain after Brexit vote

PARIS, July 28 (Reuters) - French outdoor advertising company JCDecaux is planning to reduce investments in Britain following the country's vote to leave the European Union, its co-chief executive said on Thursday.

financialsSector reuters.com

UPDATE 1-Lloyds plans 3,000 jobs cull, fresh branch closures after Brexit shock

LONDON, July 28 (Reuters) - Lloyds Banking Group said on Thursday it would accelerate its cost cutting plan to help offset a more testing economic environment and a likely drop in demand for credit caused by Britain's vote to quit the European Union.

technologySector reuters.com

BRIEF-Xiamen Changelight says individual cuts 6.2 pct stake in it

* Says Deng Dianming holds 10.7 percent stake in it now, down from 17 percent

rbssHealthcareNews reuters.com

BRIEF-Solasto's shareholder to raise stake to 14.92 percent

* Says its second major shareholder, a Cayman Islands-based limited partnership will raise stake in co to 14.92 percent from 10.00 percent, effective on Aug. 2

financialsSector reuters.com

BRIEF-CRCAM Loire Haute-Loire H1 consolidated net banking income up 3.7%

* H1 consolidated net banking income of 232.2 million euros, up 3.7 pct

marketsNews reuters.com

UPDATE 1-Brazil, Europe outside France lift Carrefour Q2 profits

PARIS, July 28 (Reuters) - Europe's largest retailer Carrefour said underlying operating profit rose 5.3 percent in the first half while sales growth slowed in the second quarter, reflecting...

cnn.com

7 arrested at DNC

Seven protesters who breached the outer perimeter fence surrounding the Democratic National Convention in Philadelphia were arrested Wednesday night, according to the Secret Service.

companyNews reuters.com

Smith & Nephew buoyed by sports medicine but China weak

LONDON, July 28 (Reuters) - Smith & Nephew, Europe's biggest maker of artificial knees and hips, reported a 2 percent rise in second-quarter revenue on Thursday, helped by good growth in its sports medicine joint repair business.

industrialsSector reuters.com

BAE Systems on track to grow 2016 earnings by up to 10 pct

LONDON, July 28 (Reuters) - BAE Systems, the world's third-largest defence contractor by revenue, reported slightly higher half-year earnings and said it was on track to meet its forecast for 2016 earnings to rise by between 5 percent and 10 percent.

financialsSector reuters.com

Countrywide warns on results as Brexit hits property market

July 28 (Reuters) - Countrywide Plc, the UK's biggest lettings and estate agency company, warned on full-year core earnings on Thursday, saying that commercial and London residential transactions had stalled after Britain voted to leave the European Union.

businessNews reuters.com

Sony says to sell battery business to Murata Manufacturing

TOKYO (Reuters) - Sony Corp said on Thursday it has agreed to sell its battery business to Murata Manufacturing Co for a yet-to-be-determined amount.

rbssHealthcareNews reuters.com

BRIEF-Cerenis Therapeutics Holding cash position of 32.9 million euros at June 30

* Solid cash position of 32.9 million euros ($36.45 million) at June 30, 2016

companyNews reuters.com

BRIEF-Shell Q2 profits fall more than 70 pct

* Reg-Royal Dutch Shell: 2nd quarter and half year 2016 unaudited results

cyclicalConsumerGoodsSector reuters.com

Sky's full-year adjusted operating profit rises 12 pct

LONDON, July 28 (Reuters) - European pay-TV group Sky reported a 12 percent rise in full-year adjusted operating profit on Thursday, just ahead of forecasts, in what it said was another excellent year for the group.

financialsSector reuters.com

BRIEF-MPC raises 1 bln won via private placement

* Says it raises 1 billion won in private placement of shares on July 28

businessNews reuters.com

AstraZeneca earnings hit by waning cholesterol drug sales

LONDON (Reuters) - Generic competition to cholesterol fighter Crestor in the key U.S. market hit second-quarter earnings at drugmaker AstraZeneca, which is now banking on new cancer medicines to revive its fortunes.

financialsSector reuters.com

UniCredit will not do more beyond current commitment to Atlante - CEO to paper

MILAN, July 28 (Reuters) - UniCredit does not plan to do more beyond its current 1 billion euro ($1.11 billion) commitment to Italian bank bailout fund Atlante, new Chief Executive Jean-Pierre Mustier told Corriere della Sera in an interview published on Thursday.

rbssHealthcareNews reuters.com

BRIEF-Biotie Therapies Q2 net loss widens to EUR 19.5 million

* Q2 revenue 863,000 euros ($956,204) versus 1.3 million euros year ago

companyNews reuters.com

BRIEF-Avnet extends cash offer to acquire Premier Farnell Plc

* Offer of £1.85per share represents equity value of about £691 million,12.1% premium over previous offer of £1.65per share by Datwyler Technical Components UK

technologySector reuters.com

BRIEF-Cloud Technologies announces change in shareholding structure

* Said on Wednesday that on July 20, BPOINT Ltd sold 350,000 shares representing 7.61 pct stake in the company

companyNews reuters.com

Nikkei falls as strong yen sours mood before BOJ decision

TOKYO, July 28 (Reuters) - Japan's Nikkei share average fell on Thursday as the market took a breather after the yen strengthened, while most investors stayed cautious awaiting decisions from the two-day Bank Of Japan policy meeting ending Friday.

companyNews reuters.com

UPDATE 1-Dialog cuts 2016 sales outlook on weak smartphones demand

* Shares indicated to open 8 pct lower (Adds details about outlook, shares)

industrialsSector reuters.com

Rolls-Royce H1 profit plunges but sticks to forecasts

LONDON, July 28 (Reuters) - British engineering company Rolls-Royce posted an 80 percent drop in first-half profit - ahead of expectations - and stuck to guidance that its profit performance would recover in the second-half of the year.

companyNews reuters.com

UPDATE 1-Glaucus Research urges Itochu to find new auditor to probe statements

TOKYO, July 28 (Reuters) - Short-seller Glaucus Research Group said Japan's Itochu Corp should set up a third-party panel to find an "independent auditor" to probe the trading house's financial statements, piling on pressure a day after criticising its accounting practices.

financialsSector reuters.com

BRIEF-SBI Holdings plans 7 mln shares' buyback for 8 bln yen

* Says it plans to buy up to 7 million shares (3.37 percent outstanding) back for 8 billion yen, from Aug. 3 to Sep. 23

cyclicalConsumerGoodsSector reuters.com

Turkey coup and disruption prompts Thomas Cook to cut profit outlook

LONDON, July 28 (Reuters) - British travel company Thomas Cook cut its full-year profit target on Thursday as the Brexit-induced collapse in the pound, attacks in Europe and a failed coup in Turkey forced customers to cancel holidays.

businessNews reuters.com

SoftBank first-quarter profit flat, profits at domestic telecoms business solid

TOKYO (Reuters) - SoftBank Group Corp reported a 0.2 percent increase in first-quarter operating profit as solid profits in its domestic telecommunications business offset losses at U.S. unit Sprint Corp .

rbssHealthcareNews reuters.com

BRIEF-Financiere de Tubize H1 profit at 106.4 million euros

* Dividend received from UCB: 74.9 million euros ($82.94 million)

bondsNews reuters.com

UPDATE 1-Japan govt plans direct spending of about 7 trln yen in stimulus package -sources

TOKYO, July 28 (Reuters) - The Japanese government is planning direct fiscal spending of around 7 trillion yen ($67 billion) to help fund an economic stimulus package totalling more than 28 trillion...

cyclicalConsumerGoodsSector reuters.com

LG Elec says Q2 profit more than doubles vs year earlier

SEOUL, July 28 (Reuters) - South Korea's LG Electronics Inc said on Thursday its second-quarter operating profit more than doubled from a year earlier, reaching its highest in two years on strong earnings from its appliances and television businesses.

companyNews reuters.com

SoftBank Q1 profit flat, profits at domestic telecoms business solid

TOKYO, July 28 (Reuters) - SoftBank Group Corp reported a 0.2 percent increase in first-quarter operating profit as solid profits in its domestic telecommunications business offset losses at U.S. unit Sprint Corp.

companyNews reuters.com

REFILE-UPDATE 1-BNP Paribas retail banking suffers in Q2

PARIS, July 27 (Reuters) - BNP Paribas struggled to increase profit in the second quarter as its cash cow French retail banking business suffered a sharp fall in pretax income due to low interest rates and declining financial fees.

cyclicalConsumerGoodsSector reuters.com

COLUMN-Live and don't learn should be Asia rubber producers' motto: Russell

LAUNCESTON, Australia, July 28 (Reuters) - There is a definite sense of deja vu in Asia's natural rubber markets, with the latest attempt of the major producers to boost prices seemingly fizzling after a spark of success.

technologyNews reuters.com

South Korea to expand tax benefits for R&D spending to drive new growth

SEOUL (Reuters) - South Korea's government plans to expand tax benefits for research and development of robotics and other technologies as it seeks out industries that could become new economic growth engines.

companyNews reuters.com

BRIEF-IDEX Corporation to acquire SFC Koenig AG for 217 million euros

* Entered into a definitive agreement to acquire SFC Koenig AG for cash consideration based on an enterprise value of 217 million euros Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

mergersNews reuters.com

UPDATE 1-Technip upgrades 2016 target, costs savings ahead of schedule

PARIS, July 28 (Reuters) - French oil services company Technip said on Thursday plans to cut spending due to the fall in oil prices were ahead of schedule as it reported better-than-expected second...

bondsNews reuters.com

RPT-Sudden rush to emerging debt funds highlights scarcity of bonds

LONDON, July 27 (Reuters) - Emerging market debt funds are enjoying a bumper inflow for the first time in three years, but portfolio managers are struggling to invest the bonanza as new bond sales...

industrialsSector reuters.com

RPT-Dublin moves fast to lure financial jobs from UK after Brexit vote

* France, Germany, Benelux also trying to lure financial jobs

rbssEnergyNews reuters.com

RPT-Total meets costs savings target early as oil rebound helps Q2 profits

PARIS, July 28 (Reuters) - French oil and gas company Total said it had met its cost saving target ahead of schedule as it reported a better-than-expected rise in second quarter net profit led by increased output and a rebound in oil prices.

bondsNews reuters.com

Short-term JGB yields rise as weak auction rattles nerves ahead of BOJ decision

TOKYO, July 28 (Reuters) - Short-term Japanese government bond yields rose on Thursday after results of a two-year note auction were surprisingly weak, making investors even more nervous ahead of a...