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businessNews reuters.com

Dealmaking Ferrero tycoon breaks decades of family tradition

MILAN (Reuters) - For almost 70 years, family-owned chocolate group Ferrero shunned acquisitions, relying completely on its ability to grow on its own and dream up new products. Those days are gone.

companyNews reuters.com

REFILE-Dealmaking Ferrero tycoon breaks decades of family tradition

MILAN, Jan 17 (Reuters) - For almost 70 years, family-owned chocolate group Ferrero shunned acquisitions, relying completely on its ability to grow on its own and dream up new products. Those days are gone.

companyNews reuters.com

MOVES-Union Bank adds executives in San Francisco office

Jan 17 (Reuters) - MUFG Union Bank N.A., a unit of Mitsubishi UFJ Financial Group, appointed Ann Hamilton as a fiduciary management executive, and Peter Bogardus as a private wealth adviser.

oddlyEnoughNews reuters.com

Goldman co-COO's ex-assistant charged with stealing $1.2 million of wine

NEW YORK (Reuters) - A former personal assistant to Goldman Sachs Group Inc Co-Chief Operating Officer David Solomon has been charged with stealing hundreds of bottles of wine worth more than $1.2 million from his former boss.

companyNews reuters.com

Goldman co-COO's ex-assistant charged with stealing $1.2 mln of wine

NEW YORK, Jan 17 (Reuters) - A former personal assistant to Goldman Sachs Group Inc Co-Chief Operating Officer David Solomon has been charged with stealing hundreds of bottles of wine worth more than $1.2 million from his former boss.

worldNews reuters.com

Congo armed groups uniting against President Kabila: U.N.

GENEVA (Reuters) - Militias in eastern Democratic Republic of Congo are uniting in opposition to President Joseph Kabila, a senior U.N. official there told a news conference in Geneva on Wednesday.

businessNews reuters.com

In replacing Dudley, New York Fed aims to avoid political pitfalls

NEW YORK (Reuters) - Unions and groups advocating for retirees, teachers, housing, and workers' benefits are among those visiting the ornate conference rooms of the Federal Reserve Bank of New York to lobby for a less conventional candidate to serve as its next president.

businessNews reuters.com

Goldman investors rattled by latest plunge in bond trading

(Reuters) - Goldman Sachs Group Inc on Wednesday reported a sharp drop in trading revenue that renewed questions about its ability to revive a moribund profit driver or find business to replace it, sending shares down 3 percent.

companyNews reuters.com

UPDATE 3-Goldman investors rattled by latest plunge in bond trading

Jan 17 (Reuters) - Goldman Sachs Group Inc on Wednesday reported a sharp drop in trading revenue that renewed questions about its ability to revive a moribund profit driver or find business to replace it, sending shares down 3 percent.

businessNews reuters.com

In replacing Dudley, NY Fed aims to avoid political pitfalls

NEW YORK (Reuters) - Unions and groups advocating for retirees, teachers, housing, and workers' benefits are among those visiting the ornate conference rooms of the Federal Reserve Bank of New York to lobby for a less conventional candidate to serve as its next president.

businessNews reuters.com

U.S. approval to close Glencore's HNA deal seen by end-June: sources

LONDON (Reuters) - Swiss trader and miner Glencore expects to secure U.S. approval by the end of June on the U.S. portion of a deal to sell a 51 percent stake in its storage and logistics business to China's HNA Group, sources familiar with the matter said.

companyNews reuters.com

UPDATE 3-Nigerian militants threaten oil sector attacks within days

* Group says government talks failed to yield results (Adds pix)

companyNews reuters.com

MOVES-Debt collector Arrow Global names Dave Sutherland as COO

Jan 17 (Reuters) - Debt purchaser and manager Arrow Global Group PLC said on Wednesday it hired Dave Sutherland for the newly created role of chief operating officer.

companyNews reuters.com

BRIEF-Scythian Biosciences Increases Size Of Its Previously Announced C$10 Mln "Bought Deal" Offering To C$12.5 Mln

* SCYTHIAN BIOSCIENCES CORP. ANNOUNCES INCREASE TO BOUGHT DEAL FINANCING WITH SERRUYA PRIVATE EQUITY AND THE DELAVACO GROUP AS OTHER STRATEGIC INVESTORS

companyNews reuters.com

UPDATE 2-Nigerian militants threaten oil sector attacks within days

* Group says government talks failed to yield results (Adds details, quotes, bullet points)

companyNews reuters.com

CORRECTED-UPDATE 2-Russia awarded rights to Stolichnaya vodka brand in Benelux

AMSTERDAM, Jan 10 (Reuters) - Russia's state-owned Sojuzplodoimport won a Dutch appeals court ruling on Tuesday giving it the rights to the Stolichnaya vodka brand in Belgium, the Netherlands, and Luxembourg (Benelux) and stripping them from SPI Group's Spirits International.

companyNews reuters.com

MOVES-Julius Baer names new head of U.K businesses

Jan 17 (Reuters) - Swiss private banking group Julius Baer on Wednesday said it appointed Calum Brewster as head of U.K. regional offices, based in Edinburgh.

companyNews reuters.com

BRIEF-Carlyle Group Says Wanlin Liu Has Joined The Carlyle Asia Private Equity Team As Managing Director

* THE CARLYLE GROUP SAYS WANLIN LIU HAS JOINED THE CARLYLE ASIA PRIVATE EQUITY TEAM AS MANAGING DIRECTOR

companyNews reuters.com

Carlyle considering IPO to exit Turkey's Penti - sources

ISTANBUL, Jan 17 (Reuters) - U.S. private equity firm Carlyle Group is considering an initial public offering (IPO) of its minority holding in Turkish lingerie and swimsuit retailer Penti, three people familiar with the matter told Reuters.

worldNews reuters.com

Arson attack rips through office of Russian human rights group

MOSCOW (Reuters) - One of Russia's biggest human rights groups said on Wednesday that one of its offices in southern Russia had been badly damaged in an overnight arson attack, an incident it said was part of a campaign to drive it from the region.

companyNews reuters.com

EU ombudsman urges ECB's Draghi to leave G30 club of financiers

FRANKFURT, Jan 17 (Reuters) - The European Central Bank's President Mario Draghi should give up his membership of the Group of 30 talking shop of financiers, as it risked hurting public confidence in the ECB's independence, the European Union's ombudsman said on Wednesday.

worldNews reuters.com

Amid tension, China carrier group sails through Taiwan Strait

TAIPEI (Reuters) - A Chinese carrier group has sailed through the narrow Taiwan Strait that separates the self-ruled island from its giant neighbor but no unusual activity was detected, Taiwan said on Wednesday, amid heightened tension with Beijing.

companyNews reuters.com

UPDATE 1-UK's Cineworld 2017 revenue grows as Star Wars, Dunkirk shine

Jan 17 (Reuters) - British cinema operator Cineworld Group , which is buying U.S. peer Regal Entertainment for $3.6 billion, said total 2017 revenue grew 11.6 percent on strong box office takings for titles such as "Star Wars: The Last Jedi" and "Dunkirk".

companyNews reuters.com

UK cinema chain Cineworld's 2017 revenue grows as Star Wars, Dunkirk shine

Jan 17 (Reuters) - British cinema operator Cineworld Group , which is buying U.S. peer Regal Entertainment for $3.6 billion, said total 2017 revenue grew 11.6 percent on strong box office takings for titles such as "Star Wars: The Last Jedi" and "Dunkirk".

Toronto Islands (Toronto, Ontario) nytimes.com

Toronto Journal: Shivering? That’s for City Folk. For Islanders, Ice Time Is Play Time.

A small and hardy group of Torontonians lives on island parkland in the middle of North America’s fourth-largest city, with coyotes and ice boats.

lifestyleMolt reuters.com

World's biggest flooded cave found in Mexico, explorers say

MEXICO CITY (Reuters) - A group of divers has connected two underwater caverns in eastern Mexico to reveal what is believed to be the biggest flooded cave on the planet, a discovery that could help...

businessNews reuters.com

Miramax bid for Weinstein Co. complicates sale process: LA Times

(Reuters) - An attempt by Qatar-owned film company Miramax to buy Weinstein Co. has complicated plans to sell the studio to a group of investors led by former Obama administration official Maria Contreras-Sweet, the Los Angeles Times reported on Tuesday, citing people familiar with the matter.

cnn.com

US cuts funding for Palestinians

The US has announced that it will hold back more than half of the funding it provides for a UN agency that supports Palestinians, about two weeks after President Donald Trump threatened to pull funding for the group.

politicsNews reuters.com

21 states sue to keep net neutrality as Senate Democrats reach 50 votes

(Reuters) - A group of 21 U.S. state attorneys general filed suit to challenge the Federal Communications Commission's decision to do away with net neutrality on Tuesday while Democrats said they needed just one more vote in the Senate to repeal the FCC ruling.

companyNews reuters.com

UPDATE 1-Britain's RBS pulled plug on Carillion days before collapse

LONDON, Jan 16 (Reuters) - Carillion collapsed only days after Royal Bank of Scotland (RBS), one of the British group's main lenders, tightened the terms of its funding, court documents show.

businessNews reuters.com

Health-conscious Nestle sells U.S. candy to Ferrero for $2.8 billion

LONDON/MILAN (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path towards healthier products.

worldNews reuters.com

Saudi Arabia shoots down Yemeni missile: Ekhbariya TV

(Reuters) - A ballistic missile fired by Yemen’s armed Houthi group towards Saudi Arabia's southern Jizan region was shot down by Saudi forces on Tuesday, Saudi state TV Ekhbariya reported.

companyNews reuters.com

UPDATE 4-Citigroup reports $18 bln loss on one-time tax items

Jan 16 (Reuters) - Citigroup Inc posted an $18-billion quarterly loss on Tuesday because of charges related to a new U.S. tax law, but its adjusted earnings beat Wall Street expectations and management signaled that the bank may soon lift financial performance targets.

businessNews reuters.com

Dow hits 26,000 for first time on earnings optimism

(Reuters) - The Dow Jones Industrial Average raced past the 26,000 mark for the first time on Tuesday as fourth-quarter earnings season got off to a strong start following upbeat results from UnitedHealth and Citigroup.

companyNews reuters.com

BRIEF-NSK Will Probably Generate Roughly 108 Bln Yen In Group Operating Profit In The Year Through March 2019 - Nikkei

* NSK LTD WILL PROBABLY GENERATE ROUGHLY 108 BILLION YEN IN GROUP OPERATING PROFIT IN THE YEAR THROUGH MARCH 2019 - NIKKEI Source text : [http://s.nikkei.com/2DjXq3M] Further company coverage:

businessNews reuters.com

Nestle sells U.S. candy business to Ferrero for $2.8 billion amid health push

LONDON/MILAN (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path toward healthier products.

companyNews reuters.com

UPDATE 1-Nestle sells U.S. candy business to Ferrero for $2.8 bln amid health push

LONDON/MILAN, Jan 16 (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path towards healthier products.

businessNews reuters.com

Britain investigates Carillion directors after collapse

LONDON/CAMBRIDGE, England (Reuters) - Britain ordered a fast-track inquiry into the role played by Carillion's directors in the failure of the construction and services group, as some of its thousands of small suppliers started to lay off workers on Tuesday.

businessNews reuters.com

Nestle sells U.S. candy to Ferrero amid health push

LONDON/MILAN (Reuters) - Swiss food group Nestle agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, the first major sale from CEO Mark Schneider and a small step on its path towards healthier products.

businessNews reuters.com

Dow briefly tops 26,000 mark

(Reuters) - The Dow eased slightly after hitting the 26,000 mark for the first time on Tuesday, as earnings season got off to a strong start following upbeat results from UnitedHealth and Citigroup.

businessNews reuters.com

Citigroup reports $18 billion loss on one-time tax items

(Reuters) - Citigroup Inc posted an $18-billion quarterly loss on Tuesday because of charges related to a new U.S. tax law, but its adjusted earnings beat Wall Street expectations and management signaled that the bank may soon lift financial performance targets.

healthNews reuters.com

UnitedHealth raises 2018 profit outlook, to take benefit from tax law

(Reuters) - UnitedHealth Group Inc on Tuesday raised its outlook for 2018 earnings per share by more than 16 percent due to the U.S. corporate tax cut and said it will speed up technology investments that aim to cut customer costs.

companyNews reuters.com

Goldman's commodities revenue fell 75 pct in 2017 - Bloomberg

Jan 16 (Reuters) - Goldman Sachs Group Inc is expected to report a 75 percent fall in 2017 commodities trading revenue to its lowest on record, hurt by losses in gas and power, Bloomberg News reported on Tuesday.

companyNews reuters.com

BRIEF-Goldman's Commodity Revenue Drops 75 pct In 2017 - Bloomberg

* GOLDMAN SACHS GROUP INC'S COMMODITIES UNIT NET REVENUES FELL ABOUT 75 PERCENT IN 2017 - BLOOMBERG CITING SOURCES Source text: https://bloom.bg/2FH5euH Further company coverage:

businessNews reuters.com

Dow hits 26,000 for first time

(Reuters) - The Dow Jones Industrial Average touched the 26,000-mark for the first time on Tuesday and other Wall Street indexes climbed as strong earnings from UnitedHealth and Citigroup helped lift the sentiment.

companyNews reuters.com

US STOCKS SNAPSHOT-Dow hits 26,000 for first time

Jan 16 (Reuters) - The Dow Jones Industrial Average touched the 26,000-mark for the first time on Tuesday and other Wall Street indexes climbed as strong earnings from UnitedHealth and Citigroup helped lift the sentiment.

companyNews reuters.com

BRIEF-Citigroup Q4 2017 Adj Shr $1.28

* CITIGROUP QTRLY REPORTED LOSS PER SHARE $7.15; QTRLY ADJUSTED EARNINGS PER SHARE $1.28; QTRLY REVENUE $17.26 BILLION VERSUS $17.01 BILLION

businessNews reuters.com

Citi profit tops estimates; books $22 billion tax charge

(Reuters) - Citigroup Inc on Tuesday reported quarterly profit that topped Wall Street expectations as consumer businesses made up for lower revenue from bond and currency trading.

healthNews reuters.com

UnitedHealth raises 2018 profit outlook citing tax benefits

(Reuters) - UnitedHealth Group Inc on Tuesday raised its outlook for 2018 earnings per share by more than 16 percent due to the U.S. corporate tax cuts and said it would speed up investments in data analytics and technology to better serve consumers.

companyNews reuters.com

Suppliers and staff count the cost of UK Carillion's collapse

LONDON/EDINBURGH, Jan 16 (Reuters) - The collapse of British services group Carillion started to hurt thousands of small contractors on Tuesday, with some laying off workers after the rapid demise of a company that was winning state contracts as recently as November.

Movies nytimes.com

Timothée Chalamet Promises Salary From Woody Allen Film to Charity

The money will go to groups fighting sexual abuse and harassment. The actor is one in a series of Hollywood figures distancing themselves from the director.

companyNews reuters.com

BRIEF-Houlihan Lokey Acquires Quayle Munro

* HOULIHAN LOKEY ACQUIRES QUAYLE MUNRO LIMITED AND ESTABLISHES A NEW GLOBAL DATA & ANALYTICS GROUP

companyNews reuters.com

BRIEF-China Lodging Group reports 87 pct occupancy rate for leased and owned hotels in Q4

* CHINA LODGING GROUP, LIMITED ANNOUNCES ITS PRELIMINARY RESULTS FOR HOTEL OPERATION IN THE FOURTH QUARTER OF 2017

companyNews reuters.com

BRIEF-Charter Court to sell interest Charter Mortgage Funding 2017-1

Jan 16 (Reuters) - Charter Court Financial Services Group Plc:

companyNews reuters.com

BRIEF-National Express Sees Small Tax Credit In 2017 from U.S. Tax Reform

* ANTICIPATED REDUCTION IN GROUP'S EFFECTIVE TAX RATE (ETR) FROM 1ST JANUARY 2018 DUE TO IMPACT OF US TAX CUTS AND JOBS ACT​

cnn.com

Report: Trump fueling global assault on democracy

President Donald Trump often claims that he has achieved unprecedented levels of success during his first year in office but a damning assessment from one non-partisan group warns that the administration's attacks on the press and brash foreign policy approach have intensified the ongoing global assault on democracy.

companyNews reuters.com

BRIEF-Afterpay Touch Group Enters Agreement With Matrix Partners

* HAS ENTERED INTO A STRATEGIC RELATIONSHIP AND NEW SHARE ISSUANCE TRANSACTION WITH MATRIX PARTNERS

politicsNews reuters.com

Foreign governments, candidates, trade groups spent at Trump properties: report

WASHINGTON (Reuters) - Sixty-four trade groups, foreign governments, Republican candidates and others stayed at or held events at properties linked to U.S. President Donald Trump during Trump's first year in office, a political watchdog group said in a report released on Tuesday.

technologyNews reuters.com

JD.com widens Southeast Asia presence by investing in Vietnam's Tiki.vn

BEIJING (Reuters) - Chinese online retailer JD.com Inc has made an investment in Vietnamese e-commerce firm Tiki.vn, expanding its Southeast Asia business amid growing competition in the region from Alibaba Group Holding Ltd and Amazon.com Inc.

technologyNews reuters.com

JD.com, VNG Corp lead investment in Vietnamese e-commerce firm Tiki.vn

BEIJING (Reuters) - Chinese online retail firm JD.com Inc said on Tuesday it has led an investment in Vietnamese e-commerce firm Tiki.vn, expanding its Southeast Asia business amid competition from Alibaba Group Holding Ltd and Amazon.com Inc.

companyNews reuters.com

UPDATE 1-HNA's problems mount as airlines delay payments, bank sets up team to handle debt-sources

SHANGHAI/SINGAPORE, Jan 15 (Reuters) - Some airlines affiliated with China's HNA Group Co Ltd are delaying aircraft lease payments to lessors, and Export-Import Bank of China, which is a long-term financer of the group, has formed a team to handle the conglomerate's liquidity issues, several banking and leasing sources said.

businessNews reuters.com

China consumer group seeks answers from Apple about slowing iPhones

SHANGHAI (Reuters) - A Chinese consumer group has asked Apple for information about the slowing of older iPhones after operating system updates, demanding a reply before Friday, state news agency Xinhua reported.

Women's Rights nytimes.com

One Year After Women’s March, More Activism but Less Unity

Women’s March Inc., which organized the event in Washington, has encouraged more protests. But a new group is focused on winning elections, especially in red states.

companyNews reuters.com

BRIEF-MTY Food Group Increases Its Quarterly Dividend By 30%

* MTY FOOD GROUP INC - ‍ANNOUNCES AN INCREASE OF 30% OF ITS QUARTERLY DIVIDEND PAYMENT, WHICH INCREASES FROM 11.5¢ PER SHARE TO 15¢ PER SHARE​ Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

companyNews reuters.com

UPDATE 1-Citi to raise pay for women and minorities in U.S., UK, Germany

Jan 15 (Reuters) - Citigroup Inc will increase compensation for women and minorities to bridge pay gaps in the United States, the United Kingdom and Germany, as part of its annual pay process this year, the Wall Street bank said on Monday.

Nigeria nytimes.com

Boko Haram Video Is Said to Show Captured Girls From Chibok

In the video, a girl who claims she is among the kidnapped students from Chibok says she is happy being with the fighters of the extremist group. Her identity was not confirmed.

businessNews reuters.com

Fiat Chrysler CEO says no plans to sell brands to Chinese

DETROIT (Reuters) - Fiat Chrysler Automobiles NV's (FCA) has no intention of breaking up the company or selling individual brands to China or other parties, the company's chief executive said on Monday, adding that the group was counting on its coveted Jeep brand to drive future profits.

companyNews reuters.com

UPDATE 1-Fiat Chrysler CEO says no plans to sell brands to Chinese

DETROIT, Jan 15 (Reuters) - Fiat Chrysler Automobiles NV's (FCA) has no intention of breaking up the company or selling individual brands to China or other parties, the company's chief executive said on Monday, adding that the group was counting on its coveted Jeep brand to drive future profits.

entertainmentNews reuters.com

Cranberries singer Dolores O'Riordan dies suddenly at 46

DUBLIN (Reuters) - Dolores O'Riordan, the lead singer of Irish rock group The Cranberries, died suddenly on Monday at the age of 46 during a recording trip to London, her publicist said. The cause of death was unclear.

Music nytimes.com

Review: Globalfest’s World Music for a Connected World

The 15th edition of the event featured 12 groups, from the Guadeloupean blues of Delgres to the diverse grooves of the Congolese group Jupiter & Okwess.

businessNews reuters.com

Fiat Chrysler boss says no plans to break up company

DETROIT (Reuters) - Fiat Chrysler Automobiles NV's CEO has no intention of breaking up the company or selling off individual brands to China or any other parties, he said on Monday, adding the group was counting on its coveted Jeep brand to drive profit.

companyNews reuters.com

BRIEF-Arthur J. Gallagher & Co Acquires The Daniels Group Inc

* ARTHUR J GALLAGHER & CO - ‍TERMS OF TRANSACTION WERE NOT DISCLOSED​ Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

entertainmentNews reuters.com

Cranberries lead singer Dolores O'Riordan dies suddenly at 46

DUBLIN (Reuters) - Dolores O'Riordan, the lead singer of rock group The Cranberries, died suddenly on Monday at the age of 46 during a trip to London for a recording session, her publicist said.

worldNews reuters.com

Nigeria's Buhari vows to punish all those behind ethnic violence

ABUJA (Reuters) - Nigeria will punish all those behind an outbreak of deadly clashes between cattle herders and farmers, President Muhammadu Buhari said on Monday pushing back at accusations that he failed to take action against members of his own ethnic group.

companyNews reuters.com

BRIEF-Bombardier Specialized Aircraft Says Conair Group Purchased Six Q400 Aircraft

* BOMBARDIER AND CONAIR ANNOUNCE PURCHASE AGREEMENT FOR SIX Q400 AIRCRAFT FOR CONVERSION INTO Q400 MULTIROLE AIRTANKERS‍​

entertainmentNews reuters.com

Cranberries lead singer Dolores O'Riordan dies suddenly at 46: RTE TV

DUBLIN (Reuters) - Dolores O'Riordan, the lead singer of rock group The Cranberries, has died suddenly in London at the age of 46, Irish state broadcaster RTE reported on Monday.

worldNews reuters.com

Bahrain court upholds jail sentence against rights activist Rajab

DUBAI (Reuters) - Bahrain's top court on Monday upheld a two-year prison sentence imposed last year by a lower tribunal on rights campaigner Nabeel Rajab over comments he was alleged to have made to journalists, a rights group said.

companyNews reuters.com

Shell to acquire 43.8 pct interest in Silicon Ranch

Jan 15 (Reuters) - Royal Dutch Shell Plc said on Monday it would acquire a 43.8 percent stake in the solar company Silicon Ranch Corp from investment manager Partners Group, as part of its new energies power portfolio.

businessNews reuters.com

Citi to raise pay for women and minorities in U.S., UK, Germany

(Reuters) - Citigroup Inc will increase compensation for women and minorities to bridge pay gaps in the United States, the United Kingdom and Germany, as part of its annual pay process this year, the Wall Street bank said on Monday.

businessNews reuters.com

Carillion collapse hits banks and investors, boosts short sellers

LONDON (Reuters) - Leading British lenders including Barclays, the Royal Bank of Scotland and Lloyds Banking Group face the prospect of hundreds of millions of pounds in outstanding loans going unpaid from Carillion's collapse on Monday.

companyNews reuters.com

BRIEF-Shell To Acquire 43 Pct Interest In U.S. Solar Business

* SHELL - ‍ AGREEMENT TO ACQUIRE 43.83% INTEREST IN U.S. SOLAR COMPANY SILICON RANCH FROM FUNDS MANAGED AND/OR ADVISED BY PARTNERS GROUP​

companyNews reuters.com

BRIEF-Leading Brands Amends Definitive Arrangement Agreement With Liquid Media Group

* LEADING BRANDS, INC.: AMENDS DEFINITIVE ARRANGEMENT AGREEMENT WITH LIQUID MEDIA GROUP, INC., AND ANNOUNCES Q3 RESULTS

cnn.com

Tiffany Haddish's viral story nabs her a Groupon gig

Going viral has landed actress Tiffany Haddish a new gig.

lifestyleMolt reuters.com

Ancient Greek tragedy tells timeless story of Syrian flight

BERLIN (Reuters) - A group of Syrian women are adapting the Euripides' tragedy "Iphigenia", using a a play set during an ancient war to bring Berlin audiences closer to the plight of women driven...

companyNews reuters.com

BRIEF-Citigroup Says "Expanded On Efforts To Assess Pay At Citi When Comparing Women To Men, And US Minorities To Non-Minorities" - Memo‍​

* CITIGROUP SAYS, IN MEMO TO STAFF, "EXPANDED ON EFFORTS TO ASSESS PAY AT CITI WHEN COMPARING WOMEN TO MEN, AND US MINORITIES TO NON-MINORITIES"‍​

businessNews reuters.com

HNA wins loan deadline extension to proceed with Hong Kong property project

HONG KONG (Reuters) - Chinese conglomerate HNA Group's [HNAIR.UL] Hong Kong International Investment unit has negotiated a six-month deadline extension for a loan linked to a land parcel in Hong Kong as its parent contends with growing debt challenges.

companyNews reuters.com

MOVES-Houlihan Lokey expands in Europe

LONDON, Jan 15 (IFR) - Houlihan Lokey has made two senior appointments in Europe, hiring Steffen Leckert from Lincoln International as a managing director in Frankfurt and Suraj Badlani from Nomura as a director of the business services group in London.

healthNews reuters.com

French families plan to sue retailers over baby milk recall: group

PARIS (Reuters) - Some French families affected by a recall of baby milk by dairy firm Lactalis due to salmonella contamination plan to take legal action against supermarket chains, the head of a victims group said on Monday.

businessNews reuters.com

Noble Group nets less than expected from oil unit sale to Vitol

LONDON (Reuters) - Struggling commodities trader Noble Group has completed the sale of its U.S.-focused oil business to the world's largest oil trader Vitol, but net proceeds from the deal are lower than a previously announced estimate, the company said on Monday.

technologyNews reuters.com

Ant Financial says has received approval for new consumer-credit backed securities

BEIJING (Reuters) - China's Ant Financial Services Group has received approval to issue consumer credit-backed securities to institutional investors and the securities are currently in the pricing process, the company told Reuters on Monday.

companyNews reuters.com

Saidoff offer to buy parent company of Israel's Bezeq brought to court

JERUSALEM, Jan 15 (Reuters) - Eurocom Group, the parent company of Bezeq Israeli Telecom, has petitioned a Tel Aviv court to allow a debt settlement that would bring it a new controlling shareholder, a Eurocom subsidiary said on Monday.

worldNews reuters.com

Armed group clashes shut airport in Libyan capital

TRIPOLI (Reuters) - Clashes broke out around Mitiga airport in the Libyan capital Tripoli on Monday, causing the suspension of all flights.

companyNews reuters.com

GRAPHIC-CME copper volumes surge in 2017 on lower costs as rivals fade

By Melanie Burton MELBOURNE, Jan 15 (Reuters) - CME Group won a bigger slice of the copper market in 2017 from its rivals in London and Shanghai, a Reuters analysis of exchange data showed, a trend that is expected to continue though this year. Trades of CME's Comex copper contract surged 25.7 percent last year to a record of more than 300 million tonnes, the analysis showed. That makes Comex the world's second-biggest contract by volume. At the London Metal Exchange (LME), holde

companyNews reuters.com

UK to ensure services provided by Carillion will continue-minister

LONDON, Jan 15 (Reuters) - Britain's government will ensure that services provided by failed construction and services group Carillion will continue and the company's joint-venture partners will be involved, minister David Lidington said on Monday.

companyNews reuters.com

BRIEF-Bodycote Says Significant Non-Cash Tax Credit from U.S. Tax Reform

* EXPECTED TO GIVE RISE TO A SIGNIFICANT NON-CASH TAX CREDIT FOR GROUP IN YEAR ENDED DEC 31, 2017 AS A RESULT OF REVALUATION OF US NET DEFERRED TAX LIABILITIES​

businessNews reuters.com

HNA's problems mount as airlines delay payments, bank sets up team to handle debt: sources

SHANGHAI/SINGAPORE (Reuters) - Some airlines affiliated with China's HNA Group Co Ltd are delaying aircraft lease payments to lessors, and Export-Import Bank of China, which is a long-term financer of the group, has formed a team to handle the conglomerate's liquidity issues, several banking and leasing sources said.

companyNews reuters.com

RPT-INSIGHT-China's COFCO makes painful cuts in drive to lead global food trade

LONDON/PARIS/BEIJING, Jan 12 (Reuters) - China's COFCO International is in the throes of a staffing upheaval as the group pursues its professed ambition of sitting at the top table of global agricultural traders.

companyNews reuters.com

HNA's problems mount as airlines delay payments, bank sets up team to handle debt-sources

SHANGHAI/SINGAPORE, Jan 15 (Reuters) - Some airlines affiliated with China's HNA Group Co Ltd are delaying aircraft lease payments to lessors, and Export-Import Bank of China, which is a long-term financer of the group, has formed a team to handle the conglomerate's liquidity issues, several banking and leasing sources said.

businessNews reuters.com

SoftBank considers IPO for Japan wireless unit, said to seek $18 billion

TOKYO (Reuters) - SoftBank Group Corp said on Monday it was considering listing its Japanese wireless business, seeking to raise a reported $18 billion in a move that would accelerate the conglomerate's transformation into one of the world's biggest tech investors.

businessNews reuters.com

SoftBank plans $18 billion IPO of mobile phone unit: Nikkei

TOKYO (Reuters) - SoftBank Group plans to list its mobile phone business and raise some US$18bn, the Nikkei newspaper has said, a spin-off that would complete the Japanese telecoms conglomerate's transformation into a global technology investor.