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companyNews reuters.com

BRIEF-ZK International Group Announces $1.2 Million Contract With The Xingrong Group

* ZK INTERNATIONAL GROUP CO., LTD. ANNOUNCES $1.2 MILLION CONTRACT WITH THE XINGRONG GROUP, ONE OF CHINA'S LARGEST WATER SUPPLY AND TREATMENT COMPANIES Source text for Eikon: Further company coverage:

companyNews reuters.com

UPDATE 1-U.S. hospital systems team up to launch generic drugmaker

NEW YORK, Jan 18 (Reuters) - A group of four hospital systems plans to launch a not-for-profit generic drugmaker aimed at combating shortages and high costs of some generic drugs, which they blame on unscrupulous drug companies that hike prices.

companyNews reuters.com

BRIEF-Five Oaks Investment Announces New Strategic Direction And Entry Into New External Management Agreement With Affiliate Of Hunt Companies

* FIVE OAKS INVESTMENT CORP. ANNOUNCES NEW STRATEGIC DIRECTION AND ENTRY INTO NEW EXTERNAL MANAGEMENT AGREEMENT WITH AFFILIATE OF HUNT COMPANIES, INC.

Restaurants nytimes.com

After the Apologies, Restaurants Struggle to Change

Four employers accused of sexual harassment have stepped away from their empires. But for the companies, the hard part is what happens next.

environmentNews reuters.com

Danone's Evian vows to use 100 percent recycled plastic in bottles by 2025

PARIS (Reuters) - Evian, Danone's popular mineral water brand, on Thursday became the latest consumer goods group to undertake pledges on recycling plastic, as companies around the world aim to bolster their credentials regarding helping the environment.

worldNews reuters.com

South Africa's Ramaphosa talks tough on state graft, signals departure from Zuma

JOHANNESBURG (Reuters) - South African Deputy President Cyril Ramaphosa on Thursday welcomed moves taken by prosecutors against companies accused of corruption and said the ruling party would impose the policy certainty needed to attract investment to the country.

Drugs (Pharmaceuticals) nytimes.com

Fed Up With Drug Companies, Hospitals Decide to Start Their Own

A group of large hospital systems plans to create a nonprofit generic drug company to battle shortages and high prices.

businessNews reuters.com

Exclusive: Japan in driver's seat for Indian bullet train deals

NEW DELHI/TOKYO (Reuters) - Japanese steel and engineering companies are in the driver's seat to bag major supply contracts for a $17 billion Indian bullet train, several sources said, undermining a key component of Prime Minister Narendra Modi's economic policy - a push to 'Make in India'.

technologyNews reuters.com

Tom Siebel's billion-dollar software firm raises $100 million

SAN FRANCISCO (Reuters) - C3 IoT, a software company founded and run by longtime Silicon Valley executive Thomas Siebel that helps companies collect and analyze data, has raised another $100 million in a new funding backed by TPG Growth, the company said on Wednesday.

companyNews reuters.com

CORRECTED (OFFICIAL)-Kazakhstan to purchase Boeing planes, build new GE locomotives

WASHINGTON, Jan 16 (Reuters) - Kazakhstan President Nursultan Nazarbayev said on Tuesday the country has reached agreements with several U.S. companies worth $7.5 billion, including contracts to supply passenger planes and locomotives to the Central Asian country.

companyNews reuters.com

Canada creates watchdog to oversee companies' conduct abroad

Jan 17 (Reuters) - Canada said on Wednesday it is creating an independent watchdog to monitor and investigate human rights abuses by its companies operating abroad, describing it as the first initiative of its kind in the world.

businessNews reuters.com

World shares pull back from record highs, set for second fall of 2018

LONDON (Reuters) - World shares pulled back from record highs on Wednesday, set for only their second day of losses in 2018 as lower commodity prices and a string of downbeat updates from companies dampened the mood in global markets.

companyNews reuters.com

GLOBAL MARKETS-World shares pull back from record highs, set for second fall of 2018

LONDON, Jan 17 (Reuters) - World shares pulled back from record highs on Wednesday, set for only their second day of losses in 2018 as lower commodity prices and a string of downbeat updates from companies dampened the mood in global markets.

companyNews reuters.com

Greece gets interest for new offshore oil and gas tenders: licensing body

ATHENS, Jan 17 (Reuters) - Tenders for offshore oil and gas exploration and exploitation west and south of Greece have attracted "strong interest" from companies exploring in the Mediterranean, the head of Greece's oil and gas resources management company said on Wednesday.

businessNews reuters.com

Britain needs to give companies more time to save Carillion-linked jobs: union

LONDON (Reuters) - The British government needs to allow more time for firms to take on workers whose jobs are threatened by the collapse of outsourcer Carillion , the head of one of Britain's biggest trade unions said on Wednesday.

companyNews reuters.com

Britain needs to give companies more time to save Carillion-linked jobs- union

LONDON, Jan 17 (Reuters) - The British government needs to allow more time for firms to take on workers whose jobs are threatened by the collapse of outsourcer Carillion, the head of one of Britain's biggest trade unions said on Wednesday.

companyNews reuters.com

UPDATE 1-S.African regulator pursuing criminal complaints against SAP, KPMG, McKinsey

JOHANNESBURG, Jan 17 (Reuters) - South Africa's companies registry office is pursuing criminal complaints against SAP , KPMG and McKinsey on suspicion that business they conducted with friends of President Jacob Zuma broke the companies act, it said on Wednesday.

businessNews reuters.com

Stocks pull back from record highs, set for second day of losses in new year

LONDON (Reuters) - World shares pulled back from record highs on Wednesday, set for only their second day of losses in the new year as lower commodity prices and a string of downbeat updates from companies dampened the mood in global markets.

companyNews reuters.com

GLOBAL MARKETS-Stocks pull back from record highs, set for second day of losses in new year

LONDON, Jan 17 (Reuters) - World shares pulled back from record highs on Wednesday, set for only their second day of losses in the new year as lower commodity prices and a string of downbeat updates from companies dampened the mood in global markets.

PersonalFinance reuters.com

U.S. companies list blockchain ETFs as bitcoin proposals languish

NEW YORK (Reuters) - Investors looking to profit from excitement surrounding bitcoin technology will get a new opportunity this week.

companyNews reuters.com

CANADA STOCKS-TSX retreats as lower commodity prices pressure resource stocks

TORONTO, Jan 16 (Reuters) - Canada's main stock index fell on Tuesday as lower commodity prices weighed on the shares of materials and energy companies.

companyNews reuters.com

Kazakhstan to purchase Boeing planes, build new GE locomotives

WASHINGTON, Jan 16 (Reuters) - Kazakhstan President Nursultan Nazarbayev said on Tuesday the country has reached agreements with several U.S. companies worth $7.5 billion, including contracts to supply passenger planes and locomotives to the Central Asian country.

Tax Cuts and Jobs Act (2017) nytimes.com

Banks are Big Winners from Tax Cut

Financial firms are benefiting from the $1.5 trillion tax cut and make up the majority of companies so far handing out raises and bonuses as a result of the bill.

healthNews reuters.com

UK drugs regulator plays down Brexit disruption threat

LONDON (Reuters) - Britain's drugs regulator said on Tuesday it would work to minimize disruption caused by the country leaving the European Union and spelt out plans to allay some of the worst fears of pharmaceutical companies.

companyNews reuters.com

Norway's sovereign fund excludes 9 more firms on ethics grounds

OSLO, Jan 16 (Reuters) - Norway's $1.07 trillion sovereign wealth fund has excluded nine more companies from its portfolio based on breaches of its ethical investment criteria, the Norwegian central bank, which manages the fund, said in a statement on Tuesday.

Government Contracts and Procurement nytimes.com

Collapse of U.K. Construction Giant Rattles the Government

The contractor, Carillion, worked hand in glove with the government, raising questions about the outsourcing of public services to private companies.

companyNews reuters.com

REFILE-UPDATE 1-Tivo hits Comcast with new round of patent lawsuits

Jan 11 (Reuters) - Tivo Corp has again sued cable operator Comcast Corp of using its patented interactive programming technology without authorization, the latest salvo in the companies' long-running royalty dispute.

Dancing nytimes.com

Critic’s Notebook: A Pan-American Dance Sampler at the Joyce

The American Dance Platform showcases multiple American companies and idioms including hula, Irish footwork, tap, Lindy, modern and ballet.

companyNews reuters.com

Ex-divs to take 3 points off FTSE 100 on Jan. 18

LONDON, Jan 15 (Reuters) - The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-makers would take 3.04 points off the index. COMPANY (RIC) DIVIDEND STOCK OPTION IMPACT (pence)

cnn.com

Trump owes us money

Donald Trump owes each and every American money. And I don't mean the trickle-down economics kind that supposedly accompanies tax cuts to the one percent. I'm talking a check to every man, women and child for $3,239 per week until his presidency ends.

Venture Capital nytimes.com

Big Bets on A.I. Open a New Frontier for Chip Start-Ups, Too

Forty-five young companies are building processors just for artificial intelligence. At least five have raised more than $100 million from investors.

companyNews reuters.com

RPT-Wall St Week Ahead-Investors green-light infrastructure trade, but expect road bumps

NEW YORK, Jan 12 (Reuters) - Volatility awaits shares of U.S. construction, engineering, building materials and other companies tied to infrastructure spending, but steel-nerved investors could be poised for gains if they weather a few bumps.

healthNews reuters.com

For now, Australia's plans for cannabis market dominance are more smoke than fire

SYDNEY (Reuters) - When Australia said this month it would allow exports of medicinal cannabis in a bid to dominate a global market set to be worth $55 billion by 2025, investors scrambled to buy shares in marijuana companies - pushing several of them, and the sector as a whole, to record highs.

worldNews reuters.com

China urges hotels to review websites as 'country' crackdown grows

SHANGHAI (Reuters) - China's tourism authority has urged accommodation companies to review their websites and apps to fix what Beijing deems to be inaccurate labeling of Taiwan or other Chinese-claimed territories as countries.

companyNews reuters.com

UPDATE 2-Facebook's Sandberg, Twitter's Dorsey to leave Disney board

LOS ANGELES, Jan 12 (Reuters) - Facebook Inc Chief Operating Officer Sheryl Sandberg and Twitter Inc Chief Executive Jack Dorsey will not seek re-election to Walt Disney Co's board because of growing conflicts of interest between the media giant and the technology companies, Disney said on Friday.

Car Services and Livery Cabs nytimes.com

Inside Uber’s $100,000 Payment to a Hacker, and the Fallout

How Uber grappled with a 2016 hack is under scrutiny and has cast a chill over how other companies deal with security threats.

businessNews reuters.com

Facebook's Sandberg, Twitter's Dorsey to leave Disney board

LOS ANGELES (Reuters) - Facebook Inc Chief Operating Officer Sheryl Sandberg and Twitter Inc Chief Executive Jack Dorsey will not seek re-election to Walt Disney Co's board because of conflicts of interest between the media giant and the technology companies, Disney said on Friday.

businessNews reuters.com

Viacom, CBS not in active merger discussions: sources

(Reuters) - Viacom Inc and CBS Corp are not in active merger discussions, although controlling shareholder Shari Redstone has had exploratory conversations with CBS directors about recombining the companies, two sources familiar with the situation told Reuters on Friday.

Computers and the Internet nytimes.com

Disruptions: Is the Answer to Phone Addiction a Worse Phone?

A small group of people have turned their phone screens to shades of gray to make them less stimulating. That’s the opposite of what tech companies want.

businessNews reuters.com

Viacom, CBS not in active discussions: sources

(Reuters) - Viacom Inc and CBS Corp are not in active merger discussions, although controlling shareholder Shari Redstone has had exploratory conversations with CBS directors about recombining the companies, two sources familiar with the situation told Reuters on Friday.

companyNews reuters.com

CANADA STOCKS-Lumber and gold stocks boost TSX, offset drop in pot stocks

TORONTO, Jan 12 (Reuters) - Canadian lumber companies and gold miners gained and the country's biggest marijuana producers fell sharply on Friday, leaving the main Toronto equity index slightly higher on the day but down for the week.

companyNews reuters.com

Viacom, CBS not in active discussions - sources

Jan 12 (Reuters) - Viacom Inc and CBS Corp are not in active merger discussions, although controlling shareholder Shari Redstone has had exploratory conversations with CBS directors about recombining the companies, two sources familiar with the situation told Reuters on Friday.

companyNews reuters.com

Fields of Gold? Jana seeks new money, allies with impact hedge fund

BOSTON, Jan 12 (Reuters) - Wall Street investor Barry Rosenstein's new impact investing fund aimed at serving environmental and social causes could, if he plays his cards right, enhance his traditional business of pushing companies to boost earnings.

businessNews reuters.com

U.S. top court to decide if online retailers must collect state sales tax

WASHINGTON (Reuters) - The U.S. Supreme Court on Friday agreed to decide whether to expand the ability of states to require online retailers to collect sales tax, taking up South Dakota's dispute with three e-commerce companies.

companyNews reuters.com

UPDATE 1-U.S. Supreme Court to hear Schlumberger fight over patent damages

Jan 12 (Reuters) - The U.S. Supreme Court on Friday agreed to review a bid by Schlumberger NV, the world's largest oilfield services provider, to allow companies to recoup profits lost due to patent infringement when patented technology is used overseas.

companyNews reuters.com

UPDATE 1-U.S. Supreme Court takes up state online sales tax dispute

WASHINGTON, Jan 12 (Reuters) - The U.S. Supreme Court on Friday agreed to decide whether to expand the ability of states to require online retailers to collect sales tax, taking up South Dakota's dispute with three e-commerce companies.

companyNews reuters.com

CANADA STOCKS-TSX little changed; rise in lumber offsets drop in pot stocks

TORONTO, Jan 12 (Reuters) - Canadian lumber companies jumped and the country's marijuana producers fell on Friday, while heavyweight resource and financial stocks also moved in different directions, leaving the main Toronto equity index little changed in morning trading.

companyNews reuters.com

Canada's CPPIB, Goldman lead $950 mln investment in Peru's Enfoca

Jan 12 (Reuters) - The Canada Pension Plan Investment Board (CPPIB) and Goldman Sachs Asset Management LP led an investment round of more than $950 million for Enfoca, a Peruvian private-equity firm, the companies said on Friday.

companyNews reuters.com

CANADA STOCKS-TSX flat as resource stock losses offset lumber jump

TORONTO, Jan 12 (Reuters) - Canada's main stock index opened flat on Friday, as resources stocks and marijuana producers weighed, lumber companies bounced higher and an oil and gas explorer jumped after announcing a reduced capital spending plan.

businessNews reuters.com

China cracks down on foreign companies calling Taiwan, other regions countries

SHANGHAI (Reuters) - China's aviation authority on Friday demanded an apology from Delta Air Lines for listing Taiwan and Tibet as countries on its website, while another government agency took aim at Inditex-owned fashion brand Zara and medical device maker Medtronic Plc for similar issues.

companyNews reuters.com

UPDATE 2-China cracks down on foreign companies calling Taiwan, other regions countries

* Highlights Chinese sensitivities over territorial sovereignty (Changes headline)

technologyNews reuters.com

France to vet takeovers of firms in data and artificial intelligence

PARIS (Reuters) - The French government aims to broaden its powers to block foreign takeovers of French companies deemed as strategic, to also include firms involved in data protection and artificial intelligence ('AI'), the finance minister said on Friday.

technologyNews reuters.com

China's blockchain fever gets hotter even as regulator queries price surge

SHANGHAI (Reuters) - China's blockchain-related companies extended their bullish run on Friday, as punters brushed aside concerns raised by regulators about the rationality of stock price surges this week.

businessNews reuters.com

Explainer: Investors to scour outlooks for U.S. companies' tax cut plans

NEW YORK (Reuters) - Corporate results for 2017's final quarter will start pouring in next week and are expected to be laden with one-time charges as U.S. companies begin to cope with tax code changes, including a one-time tax on trillions of dollars in profits held overseas.

businessNews reuters.com

Investors green-light infrastructure trade, but expect road bumps

NEW YORK (Reuters) - Volatility awaits shares of U.S. construction, engineering, building materials and other companies tied to infrastructure spending, but steel-nerved investors could be poised for gains if they weather a few bumps.

companyNews reuters.com

Wall St Week Ahead-Investors green-light infrastructure trade, but expect road bumps

NEW YORK, Jan 12 (Reuters) - Volatility awaits shares of U.S. construction, engineering, building materials and other companies tied to infrastructure spending, but steel-nerved investors could be poised for gains if they weather a few bumps.

companyNews reuters.com

EXPLAINER-Investors to scour outlooks for U.S. companies' tax cut plans

NEW YORK, Jan 12 (Reuters) - Corporate results for 2017's final quarter will start pouring in next week and are expected to be laden with one-time charges as U.S. companies begin to cope with tax code changes, including a one-time tax on trillions of dollars in profits held overseas.

companyNews reuters.com

China chides tech firms over privacy safeguards

BEIJING, Jan 12 (Reuters) - China reprimanded three top tech firms on Friday over poor privacy protections, as tech companies face an increasing backlash from consumers and authorities over excessive data collection practices.

Greenhouse Gas Emissions nytimes.com

About New York: Battling Climate Change from the Back Seat of an S.U.V.

Mayor de Blasio declared himself a foe of global warming by filing suit against big oil companies, but his travel habits undermine his rhetoric.

Tax Credits, Deductions and Exemptions nytimes.com

To Lift Paychecks, Treasury Urges Companies to Act Quickly on New Tax Law

The Treasury Department took the first steps toward carrying out the $1.5 trillion Republican tax overhaul with the release of new tax withholding tables.

News and News Media nytimes.com

Facebook Overhauls News Feed to Focus on What Friends and Family Share

In the next few weeks, you will see fewer viral videos and news articles from media companies, and instead see more posts that include interactions between you and the people you know.

companyNews reuters.com

BRIEF-S&P Dow Jones Indices Provide List of Cos to be Impacted by 2018 GICS Structure revision

* S&P DOW JONES INDICES AND MSCI ANNOUNCE SELECT LIST OF COMPANIES CHANGING DUE TO REVISIONS TO THE GICS® STRUCTURE IN 2018

companyNews reuters.com

Canadian companies struggle to plan for post-NAFTA world

TORONTO, Jan 11 (Reuters) - Canadian industries that would be most acutely impacted by the death of the North American Free Trade Agreement are unable to meaningfully plan for a possible post-NAFTA world given the uncertainty of what could replace it, analysts and executives said.

healthNews reuters.com

U.S. judge pushing for opioid settlement reaches out to states: Ohio

(Reuters) - A federal judge pushing for a quick settlement of lawsuits against opioid manufacturers and distributors by U.S. cities and counties is seeking to meet with states that are separately suing and probing the companies, Ohio's attorney general said on Thursday.

cnn.com

Here are all the companies giving out raises and bonuses because of tax reform

healthNews reuters.com

Judge seeking settlement of opioid lawsuits reaches out to states: Ohio

(Reuters) - A federal judge pushing for a quick settlement of lawsuits against opioid manufacturers and distributors by U.S. cities and counties is seeking to meet with states that are separately suing and probing the companies, Ohio's attorney general said on Thursday.

companyNews reuters.com

U.S. judge seeking settlement of opioid lawsuits reaches out to states -Ohio

Jan 11 (Reuters) - A federal judge pushing for a quick settlement of lawsuits against opioid manufacturers and distributors by U.S. cities and counties is seeking to meet with states that are separately suing and probing the companies, Ohio's attorney general said on Thursday.

cnn.com

These companies want to help with your New Year's resolutions

companyNews reuters.com

UPDATE 1-Tivo hits Comcast with new round of patent lawsuits

Jan 11 (Reuters) - Tivo Corp has again sued cable operator Comcast Corp of using its patented interactive programming technology without authorization, the latest salvo in the companies' long-running royalty dispute.

companyNews reuters.com

UPDATE 5-Delta sees double benefit from tax cut, shares rise

Jan 11 (Reuters) - Delta Air Lines Inc is anticipating a double benefit from the U.S. corporate tax cut this year as it saves money on its own bill and expects an uptick in business travel as companies use tax savings to invest in generating new business.

businessNews reuters.com

Delta sees double benefit from tax cut, shares rise

(Reuters) - Delta Air Lines Inc looks set to reap a double benefit from the U.S. corporate tax cut this year as it saves money on its own bill and hopes to see an uptick in business travel as companies use tax savings to invest in generating new business.

companyNews reuters.com

UPDATE 4-Delta sees double benefit from tax cut, shares rise

Jan 11 (Reuters) - Delta Air Lines Inc looks set to reap a double benefit from the U.S. corporate tax cut this year as it saves money on its own bill and hopes to see an uptick in business travel as companies use tax savings to invest in generating new business.

businessNews reuters.com

Tivo hits Comcast with new round of patent lawsuits

(Reuters) - Tivo Corp has again accused cable operator Comcast Corp of using its patented interactive programming technology without authorization, the latest salvo in the companies' long-running royalty dispute.

technologyNews reuters.com

Chinese firms say blockchain work at early stage, after shares surge

HONG KONG (Reuters) - Several Chinese companies, including Easysight Supply Chain and Shenzhen Kingdom Sci-Tech, said on Thursday their investments in blockchain technology were still at an early stage, following steep gains in their share prices.

companyNews reuters.com

UPDATE 5-Nvidia updates software, says graphic chips not hit by flaws

Jan 10 (Reuters) - Nvidia Corp is updating the software for its graphics processors in response to the Spectre security threat, but its chief executive said on Wednesday its chips were not subject to the same risks as those from Intel and other companies.

companyNews reuters.com

German union boss confident "decent" pay rise can be agreed on

FRANKFURT, Jan 11 (Reuters) - Germany's biggest trade union, IG Metall, expects a "decent" pay rise in ongoing talks on wages and flexible hours, its chief Joerg Hofmann said, adding that companies had made enough profits in the past year to give more to workers.

Pensions and Retirement Plans nytimes.com

To Fight Climate Change, New York City Takes on Oil Companies

The de Blasio administration is suing five major oil companies over climate change, and urging city pension funds to divest from fossil fuel firms.

businessNews reuters.com

SEC seeks trustee for firm behind alleged $1 billion Ponzi fraud

WILMINGTON, Del. (Reuters) - The U.S. Securities and Exchange Commission urged a federal judge on Wednesday to appoint a trustee to manage the Woodbridge Group of Companies, a bankrupt property developer the regulator accused of being a $1.2 billion Ponzi scheme.

businessNews reuters.com

SEC seeks trustee for firm behind alleged $1 bln Ponzi fraud

WILMINGTON, Del. (Reuters) - The U.S. Securities and Exchange Commission urged a federal judge on Wednesday to appoint a trustee to manage the Woodbridge Group of Companies, a bankrupt property developer the regulator accused of being a $1.2 billion Ponzi scheme.

technologyNews reuters.com

Nvidia updates software, says graphic chips not hit by flaws

(Reuters) - Nvidia Corp is updating the software for its graphics processors in response to the Spectre security threat, but its chief executive said on Wednesday its chips were not subject to the same risks as those from Intel and other companies.

companyNews reuters.com

UPDATE 1-New York sues fossil fuel majors, plans divestment from pension funds

NEW YORK, Jan 10 (Reuters) - New York City announced on Wednesday that it filed a multibillion dollar lawsuit against five top oil companies, citing their "contributions to global warming," as it said it would divest fossil fuel investments from its $189 billion public pension funds over the next five years.

companyNews reuters.com

Indian regulator bars Price Waterhouse from auditing listed firms for 2 years

MUMBAI, Jan 11 (Reuters) - India's capital market regulator late on Wednesday barred Price Waterhouse from auditing listed companies in the country for two years, after a probe into a nearly decade-old accounting fraud case in a software services company that became India's biggest corporate scandal.

companyNews reuters.com

New York sues fossil fuel majors, plans divestment from pension funds

NEW YORK, Jan 10 (Reuters) - New York City on Wednesday filed a multibillion dollar lawsuit against five top fossil fuel companies, citing their "contributions to global warming," as it unveiled a plan to cut fossil fuel investments from its $189 billion public pension funds over the next five years.

topNews reuters.com

Special Report: How courts help companies keep sexual misconduct under cover

NEW YORK (Reuters) - Cristina Chen-Oster, a senior salesperson in Goldman Sachs’s convertible bonds department, was a few years out of MIT when a male colleague pinned her against a wall, kissed her, groped her and tried to engage in a sexual act, she said in a lawsuit in federal court. After reporting the incident to her boss, the lawsuit alleged, she missed out on pay and promotions while her accused attacker steadily rose through the ranks.

companyNews reuters.com

CANADA STOCKS-TSX flat as Corus, Klondex fall; resources stocks gain

TORONTO, Jan 10 (Reuters) - Canada's main stock index hovered around unchanged in morning trade on Wednesday, pressured by slumps in media company Corus Entertainment Inc and miner Klondex Mines Ltd but buoyed by gains among other miners, financial stocks and some energy companies.

companyNews reuters.com

UPDATE 2-British PM May to meet finance bosses on Brexit

LONDON, Jan 10 (Reuters) - Britain's Prime Minister Theresa May will meet executives from major finance companies on Thursday to give them a clearer idea of what Britain's European Union exit will mean for them.

technologyNews reuters.com

Finnish police starts investigations over forest company hacking

HELSINKI (Reuters) - Finland's National Bureau of Investigation (NBI) said on Wednesday it would start investigations on a suspected data breach at Metsa Group, one of the Nordic country's largest forest companies.

companyNews reuters.com

UK's PM May to meet finance bosses to discuss Brexit-sources

LONDON, Jan 10 (Reuters) - Britain's Prime Minister Theresa May will meet executives from major finance companies on Thursday to give them a clearer idea of what Britain's divorce from the European Union will mean for the industry, two sources familiar with the matter said.

technologyNews reuters.com

Cloud companies consider Intel rivals after security flaws found

SAN FRANCISCO (Reuters) - Some of Intel Corp's data center customers, whose thousands of computers run cloud networks, are exploring using microchips from the market leader's rivals to build new infrastructure after the discovery of security flaws affecting most chips.

businessNews reuters.com

Bayer, J&J win reversal of $28 million verdict in Xarelto lawsuit

(Reuters) - A Pennsylvania state court judge on Tuesday overturned a $27.8 million jury award to an Indiana couple who accused Bayer AG and Johnson & Johnson of failing to warn of internal bleeding risks of their drug Xarelto, the companies said.

companyNews reuters.com

Bayer, J&J win reversal of $28 mln verdict in Xarelto lawsuit

Jan 9 (Reuters) - A Pennsylvania state court judge on Tuesday overturned a $27.8 million jury award to an Indiana couple who accused Bayer AG and Johnson & Johnson of failing to warn of internal bleeding risks of their drug Xarelto, the companies said.

Federal Taxes (US) nytimes.com

Power Companies Got a Tax Cut. Will Your Bill Reflect It?

Some utilities say they will pass savings from the tax law to ratepayers. Attorneys general in several states are calling for federal action as well.

businessNews reuters.com

U.S. grain companies fear harm from new tax law

CHICAGO (Reuters) - The new U.S. tax law is poised to drive more control over the nation's grain supply to farmer-owned cooperatives, provoking concern among ethanol producers and privately run grain handlers that they could be squeezed out of the competition to buy crops.

businessNews reuters.com

Road to bitcoin ETF paved with red tape

NEW YORK (Reuters) - The going is getting tough for U.S. companies hoping to win the race to bring a bitcoin exchange-traded fund to market.

companyNews reuters.com

Coal mining executive blasts U.S. regulators for rejecting subsidies

WASHINGTON, Jan 9 (Reuters) - Robert Murray, the chief executive one of America's largest coal mining companies, criticized U.S. regulators on Tuesday for rejecting the Trump administration's proposed subsidies for aging coal and nuclear power plants - saying the decision could lead to higher electricity costs for consumers.

companyNews reuters.com

U.S. pharma execs expect deals to pick up after tax overhaul

SAN FRANCISCO, Jan 9 (Reuters) - The Trump administration's tax overhaul should accelerate major acquisitions by drugmakers in 2018 after a slow year for deals in 2017, according to senior executives from some of the largest pharmaceutical manufacturers. The $1.5-trillion bill, which U.S. President Donald Trump signed into law in December, lowers the income tax rate for U.S. companies to 21 percent from 35 percent, encourages them to repatriate cash, and modifies numerous deductions. Brent Saund

topNews reuters.com

OPEC's cheer over 2018 oil rally tinged by shale worries

DUBAI/LONDON (Reuters) - Oil's price rally this year to its highest since May 2015 may seem a source of glee for OPEC, but some in the producer group fear the gains could prompt shale companies to crank open their spigots and flood the market.

environmentNews reuters.com

Akzo and Gasunie plan to build Europe's largest green hydrogen plant

AMSTERDAM (Reuters) - Dutch paints and chemicals maker Akzo Nobel and gas network operator Gasunie plan to build Europe's largest green hydrogen production plant in a bid to cut emissions, the companies said on Tuesday.

companyNews reuters.com

Macron urges China, EU to avoid pitfalls of protectionism

BEIJING, Jan 9 (Reuters) - President Emmanuel Macron on Tuesday offered to open up France to Chinese investment in exchange for greater access to Chinese markets for French companies, warning that existing trade imbalances would lead to protectionism.

businessNews reuters.com

Fund managers say bitcoin ETF proposals withdrawn due to SEC concern

NEW YORK (Reuters) - Two U.S. companies shelved proposals to launch bitcoin exchange-traded funds, citing ongoing concerns by the Securities and Exchange Commission (SEC), filings showed on Monday.