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businessNews reuters.com

Exclusive: Macquarie leapfrogs Goldman to join top tier of commodity banks

LONDON (Reuters) - Australia's Macquarie Group Ltd has overtaken Goldman Sachs to break into the top three banks for commodities business, having significantly expanded its U.S. energy operations in recent years while rivals cut back.

technologyNews reuters.com

Innogy to spend 1.2 billion euro on e-mobility, solar, glass fibre

FRANKFURT (Reuters) - Innogy, Germany's largest energy group by market value, will spend up to 1.2 billion euros ($1.4 billion) on e-mobility, photovoltaics and glass fibre networks by 2019, it said in a statement on Thursday.

companyNews reuters.com

Blackstone buys German measuring firm Schenck

FRANKFURT, Sept 21 (Reuters) - Buyout group Blackstone has bought German measuring technology group Schenck Process from private equity investor IK Investment Partners, the groups said on Thursday.

companyNews reuters.com

Siemens to decide within days on rail talks with Bombardier or Alstom -source

MUNICH, Sept 21 (Reuters) - Siemens will decide within days whether to continue negotiations on a potential rail combination with either Canadian group Bombardier or with French peer Alstom, a person close to the matter said.

France nytimes.com

A Marine Le Pen Aide Leaves Far-Right Party

Florian Philippot said the National Front was taking “a terrible step backward” as it struggled to regroup.

technologyNews reuters.com

Innogy to spend 1.2 billion euro on e-mobility, solar, glass fiber

FRANKFURT (Reuters) - Innogy, Germany's largest energy group by market value, will spend up to 1.2 billion euros ($1.43 billion) in e-mobility, photovoltaics and glass fiber networks by 2019, it said in a statement on Thursday.

technologyNews reuters.com

Distrustful U.S. allies force spy agency to back down in encryption fight

SAN FRANCISCO (Reuters) - An international group of cryptography experts has forced the U.S. National Security Agency to back down over two data encryption techniques it wanted set as global industry standards, reflecting deep mistrust among close U.S. allies.

businessNews reuters.com

Carlyle targets first-close of new Asia buyout fund at over $4 billion: sources

HONG KONG (Reuters) - Carlyle Group is targeting the first closing of a new Asia buyout fund within the next couple of months at over $4 billion, three people familiar with the matter said, bulking up in a region that has become a key market for global funds.

companyNews reuters.com

Carlyle targets first-close of new Asia buyout fund at over $4 bln - sources

HONG KONG, Sept 21 (Reuters) - Carlyle Group is targeting the first closing of a new Asia buyout fund within the next couple of months at over $4 billion, three people familiar with the matter said, bulking up in a region that has become a key market for global funds.

companyNews reuters.com

BRIEF-Celadon Group Inc files for non timely 10-K

* Celadon Group Inc files for non timely 10-K - SEC filing Source text : (http://bit.ly/2fjkNAj) Further company coverage:

cnn.com

Paul Ryan tours hurricane relief efforts in Houston

House Speaker Paul Ryan and a bipartisan group of lawmakers will visit Houston on Thursday for an update on Hurricane Harvey recovery efforts, one of several regions in the United States and surrounding territories that have been devastated by a series of high power storms.

worldNews reuters.com

Leaked memo fuels accusations of ethnic bias in Afghan government

KABUL (Reuters) - A leaked memo from an staff member in Afghan President Ashraf Ghani's office this week has set off a storm of criticism and accusations that the note lays bare systematic favoritism to Ghani's own Pashtun ethnic group.

companyNews reuters.com

BRIEF-Golar LNG has appointed Iain Ross to replace Oscar Spieler as CEO

* Oscar will remain with group, fulfil role of executive advisor & assist Ross until charterers Perenco and SNG accept FLNG Hilli Episeyo Source text for Eikon: Further company coverage:

companyNews reuters.com

RPT-Switzerland's SIX looks at potential $2 bln sale of payments unit -sources

FRANKFURT/LONDON, Sept 20 (Reuters) - Swiss stock exchange operator SIX Group has hired JPMorgan to look at options for its payments unit, including a sale worth up to 2 billion Swiss francs ($2.1 billion), sources familiar with the plans told Reuters.

businessNews reuters.com

Avis, Hertz shares rise but remain in short-seller cross-hairs

NEW YORK (Reuters) - Shares of U.S. car-rental companies Avis Budget Group Inc and Hertz Global Holdings Inc have driven out of the ditch in recent weeks, aided in part by storms that devastated the southern United States.

technologyNews reuters.com

Distrustful U.S. allies force spy agency to back down in encryption row

SAN FRANCISCO (Reuters) - An international group of cryptography experts has forced the U.S. National Security Agency to back down over two data encryption techniques it wanted set as global industry standards, reflecting deep mistrust among close U.S. allies.

worldNews reuters.com

Malaysia arrests seven suspected of involvement with Abu Sayyaf militant group

KUALA LUMPUR (Reuters) - Malaysia has arrested seven Philippine men suspected of involvement in activities of the Abu Sayyaf militant group, police said on Thursday, as concern grows in Southeast Asia over the possible expansion of militant Islamist activity.

businessNews reuters.com

Toshiba prepares to formalize chips sale, even as rejected suitor steps up legal action

TOKYO (Reuters) - Japan's Toshiba Corp is expected to formalize the sale of its prized memory chip unit on Thursday to a group led by U.S. private equity firm Bain Capital, even as jilted suitor and joint venture partner Western Digital took fresh legal action.

companyNews reuters.com

BRIEF-Stars Group enters into support agreement relating to the sale of NYX Gaming Group to Scientific Games

* The Stars Group enters into support agreement relating to the sale of NYX Gaming Group to Scientific Games

companyNews reuters.com

BRIEF-Alibaba Pictures Group says unit entered deal to sell part stake in Wormhole SG

* Unit entered deal with UCWeb SG, a unit of AGH & unit of Ant Financial

cnn.com

Groups unhappy with the latest repeal effort

companyNews reuters.com

Florence declined and London may too, banks warn ahead of May's speech

LONDON, Sept 21 (Reuters) - Britain is in danger of losing its place in the financial world much in the same way Florence did after its Renaissance heyday, an industry group warned on Thursday.

companyNews reuters.com

Dr Pepper Snapple cuts 2017 profit forecast on resin write-off

Sept 20 (Reuters) - Beverage maker Dr Pepper Snapple Group Inc cut its full-year forecast as it expects to take a charge in the third quarter following a default by a company supplying resin to its Mexican operations.

domesticNews reuters.com

Tax breaks cost New York $1.2 billion in financial year 2017, half went to film industry

NEW YORK (Reuters) - New York state lost $1.2 billion of revenues from corporate tax breaks in fiscal 2017, with at least half of the total going to the film industry, a Washington watchdog group said on Wednesday.

domesticNews reuters.com

Washington state sues over $1/day wages paid to immigrant detainees

(Reuters) - Washington State's Attorney General on Wednesday sued private prison company Geo Group Inc for violating the state's minimum wage laws by paying detained immigrants a one dollar a day or less for work they do while in detention at one of the company’s federal facilities.

companyNews reuters.com

BRIEF-Home Capital files preliminary universal base shelf prospectus

* Home Capital Group Inc files preliminary universal base shelf prospectus

companyNews reuters.com

Switzerland's SIX looks at potential $2 bln sale of payments unit -sources

FRANKFURT/LONDON, Sept 20 (Reuters) - Swiss stock exchange operator SIX Group has hired JPMorgan to look at options for its payments unit, including a sale worth up to 2 billion Swiss francs ($2.1 billion), sources familiar with the plans told Reuters.

companyNews reuters.com

UPDATE 5-Toshiba to sell chip unit to Bain Capital-led group for $18 bln

* Western Digital would not agree to terms on future stake -source (Adds Breakingviews link)

companyNews reuters.com

UPDATE 1-Ackman asks ADP's retail investors to back him in new video

BOSTON, Sept 20 (Reuters) - Billionaire hedge fund manager William Ackman on Wednesday spoke to Main Street stockholders, asking this less affluent but hugely influential group to help him win a proxy contest at human resources outsourcing company Automatic Data Processing Inc.

PersonalFinance reuters.com

Ackman asks ADP's retail investors to back him in new video

BOSTON (Reuters) - Billionaire hedge fund manager William Ackman on Wednesday spoke to Main Street stockholders, asking this less affluent but hugely influential group to help him win a proxy contest...

companyNews reuters.com

Wacker Chemie expects U.S. polysilicon plant to be out of action for months

BERLIN/MUNICH, Sept 20 (Reuters) - German speciality chemicals group Wacker Chemie's polysilicon plant in Charleston, Tennessee, is likely to remain out of commission for several months after an explosion this month, it said on Wednesday.

technologyNews reuters.com

Alibaba-backed Best jumps in debut after slashing IPO price

(Reuters) - Shares of Best Inc, a Chinese logistics firm backed by Alibaba Group Holding Ltd, jumped in their market debut on Wednesday, a day after the company slashed its expected pricing range to stoke investor interest.

companyNews reuters.com

UPDATE 1-Alibaba-backed Best jumps in debut after slashing IPO price

Sept 20 (Reuters) - Shares of Best Inc, a Chinese logistics firm backed by Alibaba Group Holding Ltd, jumped in their market debut on Wednesday, a day after the company slashed its expected pricing range to stoke investor interest.

companyNews reuters.com

BRIEF-The Meet Group to acquire lovoo

* Meet Group Inc - deal ‍expected to be accretive to non-gaap earnings per share in 2018 and beyond​

businessNews reuters.com

Toshiba to sell chip unit to Bain Capital-led group for $18 billion

TOKYO (Reuters) - Japan's Toshiba Corp agreed on Wednesday to sell its prized semiconductor business to a group led by U.S. private equity firm Bain Capital LP, a key step in keeping the struggling Japanese conglomerate listed on the Tokyo exchange.

companyNews reuters.com

UPDATE 4-Toshiba to sell chip unit to Bain Capital-led group for $18 bln

* Western Digital wouldn't agree to terms on future stake- source (Recasts with announcement, adds detail)

companyNews reuters.com

CORRECTED-Toshiba says seals $18 bln deal to sell chip unit to Bain Capital group

TOKYO, Sept 20 (Reuters) - Japan's Toshiba Corp said on Wednesday it has agreed to sell its prized semiconductor business to a group led by U.S. private equity firm Bain Capital LP, a key step in keeping the struggling Japanese conglomerate listed on the Tokyo exchange.

businessNews reuters.com

Toshiba says seals $18 billion deal to sell chip unit to Bain Capital group

TOKYO (Reuters) - Japan's Toshiba Corp said on Wednesday it has agreed to sell its prized semiconductor business to a group led by U.S. private equity firm Bain Capital LP, a key step in keeping the struggling Japanese conglomerate listed on the Tokyo exchange.

companyNews reuters.com

Toshiba says seals $18 bln deal to sell chip unit to Bain Capital group

TOKYO, Sept 20 (Reuters) - Japan's Toshiba Corp said on Wednesday it has agreed to sell its prized semiconductor business to a group led by U.S. private equity firm Bain Capital LP, a key step in keeping the struggling Japanese conglomerate listed on the Tokyo exchange.

companyNews reuters.com

At Deutsche Boerse, time and support dwindle for CEO Kengeter

FRANKFURT, Sept 20 (Reuters) - Support for Deutsche Boerse CEO Carsten Kengeter on the exchange group's supervisory board is weakening as investigations into insider trading allegations drag on, according to a person with knowledge of the matter.

companyNews reuters.com

Austrian bank BAWAG PSK expects to decide on IPO next week

VIENNA/FRANKFURT, Sept 20 (Reuters) - BAWAG PSK, the Austrian bank majority owned by U.S. private equity group Cerberus Capital Management, expects to formally announce next week whether it will go ahead with a share offer, two people familiar with the matter said.

companyNews reuters.com

Telekom Austria says harmonising its brands will burden net result

VIENNA, Sept 20 (Reuters) - Telekom Austria Ag said on Wednesday it will gradually roll out its local brand "A1" throughout the group's operations in different countries and expects the amortisation of local brand values to weigh on its net results until 2019. The Austrian unit of Mexican tycoon Carlos Slim's America Movil , which in addition to its home market operates in seven eastern European countries, said these brands were worth around 350 million euros ($420 million) in total at the end o

environmentNews reuters.com

New diesel cars no better for environment than petrol cars: report

BERLIN (Reuters) - New diesel cars do not produce less of the environmentally damaging carbon dioxide than petrol cars, a group of newspapers cited the German Transport Ministry as saying on Wednesday, in a potential further headache for the auto sector.

companyNews reuters.com

BRIEF-Telekom Austria says to gradually roll out brand 'A1' throughout group

* SAYS HAS DECIDED TO HARMONISE ITS BRANDS WITHIN GROUP AND TO ROLL OUT BRAND 'A1' THROUGHOUT GROUP IN A GRADUAL MANNER

businessNews reuters.com

T-Mobile U.S. explores takeover of Sprint: source

(Reuters) - U.S. wireless carrier T-Mobile US Inc is exploring taking over rival Sprint Corp in an all-stock deal, after SoftBank Group Corp offered to give up its majority ownership of Sprint, a person familiar with the matter said.

businessNews reuters.com

Toshiba selects Bain group as buyer of its prized chip business: sources

TOKYO (Reuters) - Japan's embattled Toshiba Corp has chosen a group led by U.S. private equity firm Bain Capital to buy its prized memory chip unit, three people with knowledge of the talks said on Wednesday, a last-minute dramatic twist to a highly contentious auction.

companyNews reuters.com

UPDATE 3-Toshiba selects Bain group as buyer of its prized chip business -sources

* Western Digital wouldn't agree to terms on future stake- source (Adds source comment on reason for delay in official announcement in paragraph 9)

businessNews reuters.com

Walmart, Target join call for 'Dreamer' legislation

(Reuters) - Wal-Mart Stores Inc, Target Corp and PepsiCo Inc on Wednesday joined an expanded group of nearly 800 companies calling in a letter for U.S. legislation to protect immigrants brought into the country illegally by their parents from deportation, according to organizer FWD.us.

companyNews reuters.com

UPDATE 2-Toshiba selects Bain group as buyer of its memory chip business -sources

* Western Digital wouldn't agree to terms on future stake- source (Adds analyst comment and details of the deal)

companyNews reuters.com

Australia court upholds appeal against Tabcorp's $4.9 bln buyout of Tatts

SYDNEY, Sept 20 (Reuters) - An Australian court upheld on Wednesday an appeal against betting firm Tabcorp Holdings Ltd's agreed A$6.15 billion ($4.9 billion) buyout of lotteries operator Tatts Group Ltd.

companyNews reuters.com

Food companies to standardize date labels

Sept 20 (Reuters) - A group of consumer goods makers and retailers including Kellogg Co, Wal-Mart Stores Inc , Nestle SA and Unilever Plc plans to simplify and standardize food date labels to reduce food wastage.

businessNews reuters.com

Toshiba selects Bain group as buyer of its memory chip business: sources

TOKYO (Reuters) - Japan's Toshiba Corp has selected a group led by U.S. private equity firm Bain Capital to buy its prized memory chip unit, three people with knowledge of the talks said on Wednesday, the latest dramatic twist to a highly contentious auction.

companyNews reuters.com

Toshiba selects Bain group as buyer of its memory chip business -sources

* Western Digital wouldn't agree to terms on future stake- source (Recasts and writes through with details)

businessNews reuters.com

Exclusive: Toshiba selects Bain group as buyer of its memory chip business - sources

TOKYO (Reuters) - Japan's embattled Toshiba Corp has selected a group led by U.S. private equity firm Bain Capital to buy its prized memory chip unit, three people with knowledge of the talks said on Wednesday.

companyNews reuters.com

UPDATE 2-U.S. Carlyle Group exits Australian mining services play Coates Hire

* Deal depends on lenders approval, statement (Adds deal detail)

companyNews reuters.com

UPDATE 1-Australia's Seven Group to buy remaining stake in Coates Hire from Carlyle

Sept 20 (Reuters) - Australia's Seven Group Holdings on Wednesday said it would buy the stake it does not already own in Coates Hire from Carlyle Group LP and minority owners for A$517 million ($414.01 million) to boost its industrial services division.

companyNews reuters.com

Australia's Seven Group to buy remaining stake in Coates Hire from Carlyle

Sept 20 (Reuters) - Australian diversified investment company Seven Group Holdings on Wednesday said it would buy the stake it does not already own in earth-moving equipment provider Coates Hire from Carlyle Group and minority owners for A$513 million ($410.66 million).

businessNews reuters.com

T-Mobile US explores takeover of Sprint: source

(Reuters) - U.S. wireless carrier T-Mobile US Inc is exploring taking over rival Sprint Corp in an all-stock deal, after SoftBank Group Corp offered to give up its majority ownership of Sprint, a person familiar with the matter said.

cnn.com

Congressmen arrested in immigration protest outside Trump Tower

Three congressmen were among a group of protesters arrested outside Trump Tower on Tuesday, where they were participating in a demonstration in support of immigrants and protections recently ended by the Trump administration.

companyNews reuters.com

UPDATE 1-EU cuts duties on Argentine biodiesel, challenge to come

BRUSSELS, Sept 19 (Reuters) - The European Union will lower import duties on Argentine biodiesel after the World Trade Organization (WTO) ruled against initial measures, prompting an EU producer group to put together a new challenge against cheap imports.

PersonalFinance reuters.com

Jefferies' profit rises on healthy M&A, debt and equity deals

(Reuters) - U.S. investment bank Jefferies Group LLC's third-quarter profit more than doubled as it earned more from advising on debt and equity offerings as well as mergers and acquisitions.

cnn.com

Doctor: GOP health bill is wolf in sheep's clothing

There's perhaps no clearer snapshot of the disconnect in D.C. than a week in which a small group of Democratic senators comes out swinging for a single-payer healthcare system, only to be blindsided by the news that a far larger pool of Republican senators are coalescing around yet another effort -- the disastrous Graham-Cassidy bill -- to repeal and replace the Affordable Care Act.

companyNews reuters.com

UPDATE 3-Jefferies' profit rises on healthy M&A, debt and equity deals

Sept 19 (Reuters) - U.S. investment bank Jefferies Group LLC's third-quarter profit more than doubled as it earned more from advising on debt and equity offerings as well as mergers and acquisitions.

businessNews reuters.com

Exclusive: Toshiba flips back towards Western Digital group for chip unit sale - sources

TOKYO (Reuters) - Toshiba Corp is shifting back toward selling its prized semiconductor unit to a group backed by joint venture partner Western Digital Corp , people familiar with the deal said.

PersonalFinance reuters.com

Vanguard asks passive investors to pay attention for proxy vote

BOSTON (Reuters) - Vanguard Group needs its hands-off investor base to pay attention.

businessNews reuters.com

Exclusive: Toshiba flips back to favoring Western Digital group for chip unit sale - sources

TOKYO (Reuters) - Toshiba Corp is shifting back toward selling its prized semiconductor unit to a group backed by joint venture partner Western Digital Corp , just days after saying it was leaning toward a rival bid including a South Korean chipmaker, people familiar with the deal said in the latest in a series of twists for the critical deal.

companyNews reuters.com

UPDATE 1-Insurer XL Group to move EU unit to Ireland from Britain

Sept 19 (Reuters) - Insurer XL Group Ltd said on Tuesday it would move its European Union insurance company from Britain to Ireland in 2018 after Britons voted to leave the bloc last year.

worldNews reuters.com

Turkey not in direct talks for return of intelligence officers from Iraq: minister

ANKARA (Reuters) - A Turkish minister appeared to confirm for the first time that two Turkish intelligence officers have been captured in northern Iraq, saying the government was not in direct talks with the Kurdish militant PKK group to bring them back.

companyNews reuters.com

EU agrees to extend deadline for decision on Bayer, Monsanto deal

BRUSSELS, Sept 19 (Reuters) - The European Commission said on Tuesday it has approved German drugs and pesticides group Bayer's request for an extension of the investigation into the $66 billion deal to acquire U.S. group Monsanto .

businessNews reuters.com

Alibaba-backed Best Inc cuts expected price range for U.S. IPO

(Reuters) - Alibaba Group-backed Chinese logistics firm Best Inc on Tuesday slashed the expected price range of its U.S. initial public offering, one day before its market debut, suggesting tepid investor enthusiasm.

companyNews reuters.com

UPDATE 1-Alibaba-backed Best Inc cuts expected price range for U.S. IPO

Sept 19 (Reuters) - Alibaba Group-backed Chinese logistics firm Best Inc on Tuesday slashed the expected price range of its U.S. initial public offering, one day before its market debut, suggesting tepid investor enthusiasm.

companyNews reuters.com

Peru farmer sues miner Newmont in U.S. court over alleged abuse

LIMA, Sept 19 (Reuters) - A farmer in Peru is suing Newmont Mining Corp in U.S. federal court over allegations the miner used violence and threats to try to evict her from her home to make way for a gold project, the environmental group representing her said Tuesday.

cnn.com

Richard Branson: Hurricanes are the 'start of things to come'

Virgin Group founder Richard Branson rode out Hurricane Irma in his wine cellar on his private island in the British Virgin Islands.

companyNews reuters.com

BRIEF-PQ Group Holdings sees IPO of 29 million shares priced between $21.00 and $23.00 per share

* PQ Group Holdings sees IPO of 29 million shares priced between $21.00 and $23.00 per share - SEC filing‍​ Source text : (http://bit.ly/2hdTmse) Further company coverage:

Gaza Strip nytimes.com

News Analysis: Hamas Offer Reflects Pressure From Egypt and Fatah

The militant group that controls Gaza agreed to Palestinian Authority demands, but said nothing about disarming. In the past, hopes for unity have been dashed.

worldNews reuters.com

Helicopter mistakenly fires on parked vehicles in Russia war games: media

MOSCOW (Reuters) - A military helicopter on a rural training exercise in western Russia mistakenly fired rockets at a group of parked vehicles, knocking at least one person to the ground, footage posted by Russian news sites and on social media showed.

technologyNews reuters.com

U.S. defense firms want control over tech in Make-in-India plan

NEW DELHI (Reuters) - U.S. defense firms offering to set up production lines in India to win deals worth billions of dollars want stronger assurances they won't have to part with proprietary technology, according to a business lobby group's letter to India's defense minister.

environmentNews reuters.com

German union, car group seek government support for electric shift

FRANKFURT (Reuters) - Germany's biggest union and its car industry association urged politicians on Tuesday to help with a shift to electric vehicles and not force a phasing out the combustion engine.

cnn.com

Protesters drown out Nancy Pelosi

A group of protesters interrupted House Minority Leader Nancy Pelosi at an event in San Francisco over the DREAM Act.

worldNews reuters.com

Waving German flag, far-right and anti-Islam groups rally together before vote

DRESDEN, Germany (Reuters) - In the shadows of a Dresden church, hundreds of Alternative for Germany party members rallied with anti-Islam activists, counting down the days to a vote set to make the AfD the first far-right group in parliament in more than half a century.

companyNews reuters.com

UPDATE 1-Investment bank Jefferies' quarterly profit doubles

Sept 19 (Reuters) - U.S. investment bank Jefferies Group LLC's third-quarter profit more than doubled from a year ago, as it earned more from advising on debt and equity financing as well as mergers and acquisitions.

technologyNews reuters.com

Japan's Pioneer teams up with digital mapping company HERE

FRANKFURT (Reuters) - Pioneer and digital mapping group HERE said on Tuesday they had agreed to invest in one another so the companies can develop maps for autonomous driving services.

topNews reuters.com

Myanmar's Suu Kyi condemns abuses in Rakhine, but rights groups critical

NAYPYITAW (Reuters) - Myanmar leader Aung San Suu Kyi condemned on Tuesday human rights violations in Rakhine state and said violators would be brought to book, but she did not address U.N. accusations of a campaign of ethnic cleansing by the military.

politicsNews reuters.com

Former White House aide Gorka joins pro-Trump campaign group

LONDON (Reuters) - Sebastian Gorka, a former adviser to U.S. President Donald Trump who quit after top White House political strategist Steve Bannon was ousted, has joined a nationalist pro-Trump campaign organization, the group announced on Tuesday.

companyNews reuters.com

BRIEF-‍Siris Capital Group says on Sept 15, co informed Synchronoss Technologies they are no longer interested in pursuing all-cash acquisition of co​

* ‍Siris Capital Group - on Sept 15, Siris Capital informed Synchronoss Technologies they are no longer interested in pursuing all-cash acquisition of co​

environmentNews reuters.com

Energy firms back EU plan for CO2 cap on power subsidies

BRUSSELS (Reuters) - A group of energy firms has backed a disputed plan by EU regulators to attach emissions limits to subsidies for providing back-up power capacity to avert blackouts.

technologyNews reuters.com

Exclusive: U.S. defense firms want control over tech in Make-in-India plan

NEW DELHI (Reuters) - U.S. defense firms offering to set up production lines in India to win deals worth billions of dollars want stronger assurances they won't have to part with proprietary technology, according to a business lobby group's letter to India's defense minister.

companyNews reuters.com

Norway's $1 trillion wealth fund backs Linde-Praxair combination

OSLO, Sept 19 (Reuters) - Norway's sovereign wealth fund, the world's largest, supports the planned merger of German industrial gases group Linde and U.S. peer Praxair , it said on Tuesday.

environmentNews reuters.com

BHP pressed to quit Australian mining lobby over climate views

MELBOURNE (Reuters) - BHP on Tuesday urged shareholders to vote down a resolution aimed at getting the mining giant to quit Australia's top mining lobby group, but said it will separately review its membership of industry bodies.

companyNews reuters.com

UPDATE 1-Reckitt Benckiser chairman to retire in 2018

Sept 19 (Reuters) - Reckitt Benckiser Group Chairman Adrian Bellamy will retire at its annual general meeting after 14 years in the post, the British consumer goods maker said on Tuesday.

businessNews reuters.com

Bayer says needs more time for Monsanto deal approval

MONHEIM, Germany (Reuters) - German drugs and pesticides maker Bayer said it would likely take until early next year to complete the planned $66 billion takeover of U.S. seeds group Monsanto , which it had previously expected to be under wraps by the end of 2017.

healthNews reuters.com

GlaxoSmithKline breathes easier as U.S. approves triple lung drug

LONDON (Reuters) - U.S. regulators have approved GlaxoSmithKline's three-in-one inhaler for chronic lung disease, a key new product for the group as it strives to keep its lead in respiratory medicine despite falling sales of the older drug Advair.

topNews reuters.com

Myanmar's Suu Kyi condemns abuses in Rakhine but rights groups skeptical

NAYPYITAW (Reuters) - Myanmar leader Aung San Suu Kyi condemned on Tuesday any human rights violations in troubled Rakhine State and said anyone responsible would face the law, and that she felt deeply for the suffering of everyone caught up in the conflict there.

companyNews reuters.com

Overhauling management, Akzo Nobel hires Intertrust CFO De Vries

AMSTERDAM, Sept 19 (Reuters) - Dutch paint maker Akzo Nobel , which rejected a 26 billion euro ($31.2 billion) takeover approach from U.S. rival PPG Industries this year -- has hired a new chief financial officer from financial services group Intertrust.

companyNews reuters.com

Reckitt Benckiser chairman to retire in 2018

Sept 19 (Reuters) - Reckitt Benckiser Group Chairman Adrian Bellamy will retire at its annual general meeting after 14 years in the post, the British consumer goods maker said on Tuesday.

worldNews reuters.com

Jihadists launch big attack on Syrian government near Hama

BEIRUT (Reuters) - Insurgent groups launched a big attack on government-held areas in northwestern Syria on Tuesday, the Syrian Observatory for Human Rights and a media outlet run by the Lebanese group Hezbollah reported.

worldNews reuters.com

Insurgents attack Syrian-government areas near Hama: monitor

BEIRUT (Reuters) - Insurgent groups launched a big attack on Syrian government-held areas north of the city of Hama on Tuesday, the Syrian Observatory for Human Rights and a media outlet run by the Lebanese group Hezbollah reported.

businessNews reuters.com

Alibaba-backed logistics firm Best slashes proposed U.S. IPO: IFR

HONG KONG (Reuters) - Best Inc, a Chinese logistics company backed by Alibaba Group , slashed its proposed U.S. initial public offering after receiving tepid response from investors to its initial valuation, IFR reported on Tuesday, citing people close to the deal.

companyNews reuters.com

Alibaba-backed logistics firm Best slashes proposed US IPO-IFR

HONG KONG, Sept 19 (Reuters) - Best Inc, a Chinese logistics company backed by Alibaba Group, slashed its proposed U.S. initial public offering after receiving tepid response from investors to its initial valuation, IFR reported on Tuesday, citing people close to the deal.

technologyNews reuters.com

Tencent, Guangzhou Auto agree to collaborate on internet-connected cars

HONG KONG (Reuters) - China's Tencent Holdings and Guangzhou Automobile Group Company Ltd have agreed to collaborate on internet-connected cars - a strategic pact that sent shares in Guangzhou Auto surging.