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100 Articles About sell

healthNews reuters.com

Canada's Aurora to sell medical marijuana to Italy

(Reuters) - Canada's Aurora Cannabis Inc said on Thursday its German unit Pedanios won a contract to supply medical marijuana to the Italian market.

technologyNews reuters.com

Reedeux Media seeks IPO after first coin offering sells out

(Reuters) - U.S. tech startup Reedeux Media said it plans to list on the Nasdaq exchange later this year, seeking a valuation of up to $1 billion after selling out the first tranche of its media cryptocurrency coin offering on Thursday.

businessNews reuters.com

BMW aims to outsell Mercedes by 2020: CEO tells Manager Magazin

FRANKFURT (Reuters) - BMW aims to overtake rival Mercedes-Benz in terms of annual deliveries within two years, Chief Executive Harald Krueger told German monthly Manager Magazin.

healthNews reuters.com

U.S. court invalidates J&J cancer drug patent, hitting UK's BTG

NEW YORK (Reuters) - A U.S. administrative court invalidated a Johnson & Johnson patent on its blockbuster prostate cancer drug Zytiga, bringing rivals closer to selling generic versions and hitting shares in its British partner BTG Plc .

companyNews reuters.com

COLUMN-China may cause larger seasonal swings in LNG prices: Russell

* GRAPHIC - China LNG imports vs spot price: http://reut.rs/2DJxrjH

Amiri, Mike nytimes.com

Are You Ready to (Dress Like You) Rock?

How the fastest growing designer in men’s wear built a big business in no time flat by selling his customers on a dream: That they, too, could shred.

companyNews reuters.com

UPDATE 1-Toshiba reaches deal to help resolve Westinghouse bankruptcy, rebuild finances

* Toshiba to sell claims in Westinghouse to group led by Baupost

companyNews reuters.com

CORRECTED-Toshiba sees $3.7 bln balance sheet improvement from Westinghouse deal

TOKYO, Jan 18 (Reuters) - Toshiba Corp said on Thursday it would sell its claims in bankrupt nuclear unit Westinghouse Electric Co to a group led by the Baupost Group - a move that would contribute to an improvement of about 410 billion yen ($3.68 billion) in its balance sheet.

technologyNews reuters.com

Toshiba sees $3.7 billion balance sheet improvement from Westinghouse deal

TOKYO (Reuters) - Toshiba Corp said on Thursday it would sell its claims in bankrupt nuclear unit Westinghouse Electric Co to a group led by the Baupost Group - a move that would contribute to an improvement of about 410 billion yen ($3.68 billion) in its balance sheet.

companyNews reuters.com

BRIEF-Keane Announces Upsize And Pricing Of Public Secondary Offering By Selling Stockholder

* KEANE ANNOUNCES UPSIZE AND PRICING OF PUBLIC SECONDARY OFFERING BY SELLING STOCKHOLDER

businessNews reuters.com

Big portion of future GM electric vehicles for China market: executive

DETROIT (Reuters) - General Motors Co's China unit will sell a "substantial portion" of the automaker's future electric vehicles, GM China President Matt Tsien said on Wednesday.

companyNews reuters.com

Brazil's JBS sells Five Rivers feedlots in U.S. for $200 mln

BRASILIA, Jan 17 (Reuters) - JBS SA, the world's largest meatpacker, has agreed to sell its Five Rivers cattle feedlots in the United States to affiliates of Pinnacle Asset Management LP for about $200 million, the company said in a securities filing on Wednesday. The acquirer of JBS Five Rivers Cattle Feeding LLC will sign long term contracts to supply cattle to JBS' meatpacking units in the United States, the filing added. JBS said the proceeds will be used to reduce its debt. (Reporting by An

companyNews reuters.com

Toshiba sees $3.7 bln balance sheet improvement from Westinghouse deal

TOKYO, Jan 18 (Reuters) - Toshiba Corp said on Thursday it would sell its claims in bankrupt nuclear unit Westinghouse Electric Co to a group led by the Baupost Group - a move that would contribute to an improvement of about 410 billion yen ($3.68 billion) in its balance sheet.

companyNews reuters.com

BRIEF-Granite REIT Signs Agreements To Sell Ten Properties For About $400 Mln

* GRANITE REIT UNLOCKS VALUE WITH SALE OF $400 MILLION OF PROPERTIES INCLUDING THREE SPECIAL PURPOSE PROPERTIES

companyNews reuters.com

U.S. court invalidates patent on J&J cancer drug Zytiga

NEW YORK, Jan 17 (Reuters) - A U.S. administrative court on Wednesday invalidated a Johnson & Johnson patent on its blockbuster prostate cancer drug Zytiga, bringing rivals closer to selling generic versions.

companyNews reuters.com

U.S. carmakers have a remedy for slower sales: pickups and more pickups

DETROIT, Jan 17 (Reuters) - Overall U.S. new vehicle sales could fall for the second year in a row in 2018, but Detroit's automakers are betting they can sell more high-margin pickup trucks and sport utilities to prop up profits.

Endeavor Agency nytimes.com

‘Fire and Fury’ May Be Coming to a Screen Near You

Endeavor Content has acquired the rights to Michael Wolff’s No. 1 best-selling book. But no TV network or film studio is attached to the project.

companyNews reuters.com

UPDATE 1-Home Capital faces C$4 million lawsuit from short seller Cohodes

TORONTO, Jan 17 (Reuters) - Home Capital Group Inc, Canada's biggest alternative lender, said on Wednesday it had received a statement of claim from short seller Marc Cohodes, who is seeking C$4 million ($3.2 million) in damages.

Gold nytimes.com

Beyoncé Is Bonkers for This Woman’s Lace Jewelry

Monika Knutsson salvages delicate heirloom material, plunges pieces of it into silver or gold, and sells the results to an eager clientele.

lifestyleMolt reuters.com

Fragment of flag Nelson flew at Trafalgar sells for almost 300,000 pounds

LONDON (Reuters) - A piece of the Union Jack flag believed to have been flown from the flagship of Britain's Lord Horatio Nelson's ship during the Battle of Trafalgar sold for 297,000 pounds...

entertainmentNews reuters.com

French saxophone maker Selmer sells stake to face up to Chinese pressure

MANTES-LA-VILLE, France (Reuters) - Its saxophones are played by the most famous jazzmen around the world and have even been sent into space, but growing competition from China pushed the French family company Henri Selmer Paris to sell a majority stake to an investment fund.

technologyNews reuters.com

Crypto stocks tumble as bitcoin selloff continues

(Reuters) - A slew of blockchain- and bitcoin-related stocks sank on Wednesday following a steep fall in the price of the cryptocurrency over the past few days on fears of regulatory clampdowns.

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.

businessNews reuters.com

Bitcoin jolted by regulation worries, tumbles 11 percent on extended sell-off

TOKYO/LONDON (Reuters) - Bitcoin skidded more than 11 percent on Wednesday, extending a precipitous downturn in fortunes with investors spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year.

businessNews reuters.com

Bitcoin jolted by regulation worries, falls 7 percent on extended selloff

TOKYO/SINGAPORE (Reuters) - Bitcoin extended its sharp tumble of the past 24 hours, skidding more than seven percent on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year.

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

Alert issued after market sells fugu still containing toxin

A Japanese city issued an emergency alert to residents Monday after two people ate potentially dangerous portions of fugu fish that should not have been sold.

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.

companyNews reuters.com

UPDATE 2-Health-conscious Nestle sells U.S. candy to Ferrero for $2.8 bln

* Deal is Ferrero's third North American deal in a year (Adds background, bullets)

cnn.com

Nestle sells Butterfinger to Nutella company

topNews reuters.com

Advisers urge deep discount in Venezuelan cryptocurrency offering

CARACAS (Reuters) - Advisers to the Venezuelan government are recommending it sell $2.3 billion of its new cryptocurrency, the petro, in a private offering at a discount of up to 60 percent, according to a document reviewed by Reuters.

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

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.

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

CANADA STOCKS-TSX rises with pot stocks and gold miners

TORONTO, Jan 15 (Reuters) - Canada's main stock index ended higher on Monday, boosted by sharp jumps for cannabis stocks after a sell-off last week and by gains for major gold miners as the price of the precious metal hit a four-month high.

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.

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

Argentina to allow short-selling in capital markets

BUENOS AIRES, Jan 15 (Reuters) - Argentina will allow short-selling in its capital markets, according to a resolution published by the securities regulator in the country's official gazette on Monday, part of President Mauricio Macri's efforts to open the country to investment.

companyNews reuters.com

Saudi's Kingdom Holding sells Beirut Four Seasons hotel stake- sources

BEIRUT, Jan 15 (Reuters) - Saudi Arabian investment firm Kingdom Holding has sold its stake in the Four Seasons Hotel in Beirut for around $100-115 million including debt, sources told Reuters 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.

businessNews reuters.com

Airbus wins 2017 order race after last-gasp sales spree

PARIS (Reuters) - Frenetic selling in the closing weeks of 2017 saw Airbus overhaul Boeing's recent lead in the global jet market to win their annual order contest for a fifth year in a row, though doubts remain over the future of its flagship A380.

companyNews reuters.com

CORRECTED-UPDATE 1-Airbus wins 2017 order race after last-minute sales spree

PARIS, Jan 15 (Reuters) - Frenetic selling in the closing weeks of 2017 saw Airbus overhaul Boeing's recent lead in the global jet market to win their annual order contest for the fifth year running, but doubts remain over the future of its flagship A380.

companyNews reuters.com

Airbus wins 2017 order race after last-minute sales spree

PARIS, Jan 15 (Reuters) - Frenetic selling in the closing weeks of 2017 saw Airbus overhaul Boeing's recent lead in the global jet market to win their annual order contest for the fifth year running, while remaining behind its U.S. rival in the number of planes built.

companyNews reuters.com

UPDATE 1-After emissions scandal, VW on U.S. comeback trail with all-new Jetta

DETROIT, Jan 14 (Reuters) - Volkswagen launched an all-new Jetta compact car, its biggest seller in America, at the Detroit Auto Show on Sunday as it looks to revive sales in the world's second-largest auto market and move on from the emissions scandal that has tarnished its reputation over the past few years.

companyNews reuters.com

HNA's Tianjin Tianhai says reports that firm plans to sell Ingram Micro are false

SHANGHAI, Jan 14 (Reuters) - Tianjin Tianhai Investment Co Ltd, a unit of Chinese aviation and shipping conglomerate HNA Group, said on Sunday that media reports that the firm planned to sell Ingram Micro were false.

businessNews reuters.com

After emissions scandal, Volkswagen on U.S. comeback trail with all-new Jetta

DETROIT (Reuters) - Volkswagen will launch an all-new Jetta compact car, its biggest seller in America, at the Detroit Auto Show on Sunday as the German carmaker looks to revive sales in the world's second-largest auto market and move on from the emissions scandal that has tarnished its reputation over the past few years.

companyNews reuters.com

After emissions scandal, VW on U.S. comeback trail with all-new Jetta

DETROIT, Jan 14 (Reuters) - Volkswagen will launch an all-new Jetta compact car, its biggest seller in America, at the Detroit Auto Show on Sunday as the German carmaker looks to revive sales in the world's second-largest auto market and move on from the emissions scandal that has tarnished its reputation over the past few years.

Prisons and Prisoners nytimes.com

Big City: Selling Prisoners Cheetos, Not Chomsky

The governor canceled a program that would have limited the books inmates could receive, but the larger problems with marketing to prisoners persist.

Kardashian, Kim nytimes.com

The Operative: Kardashian Bestie Simon Huck Is Selling You Beer and Shampoo

Along with that friendship, the secrets to his success include constant phone use, regular workouts and getting up very, very early.

cnn.com

Best-selling snow boots for guys and gals

companyNews reuters.com

REFILE-Bulls push huge flows into stocks, EM & corporate debt -BAML

LONDON, Jan 12 (Reuters) - Global investors kicked off 2018 with "blockbuster" inflows into equities, corporate bonds and emerging market debt, Bank of America Merrill-Lynch (BAML) said, warning its key risk indicator could soon flash sell signals.

businessNews reuters.com

Global stocks recover from wobble as ECB sends euro, yields higher

LONDON (Reuters) - World stocks scaled fresh peaks on Friday while the euro hit a three-year high and Bund yields rose as progress on forming a German government gave fresh impetus to a bond market sell-off triggered by signs the ECB may accelerate an end to its stimulus.

businessNews reuters.com

Global stocks recover as bond jitters retreat, euro hits 3-year high

LONDON (Reuters) - World stocks scaled fresh peaks on Friday while the euro hit a three-year high and Bund yields rose as progress on forming a German government gave fresh impetus to a bond market sell-off triggered by signs the ECB may accelerate an end to its stimulus.

companyNews reuters.com

GLOBAL MARKETS-Stocks recover as bond jitters retreat, euro hits 3-year high

LONDON, Jan 12 (Reuters) - World stocks scaled fresh peaks on Friday while the euro hit a three-year high and Bund yields rose as progress on forming a German government gave fresh impetus to a bond market sell-off triggered by signs the ECB may accelerate an end to its stimulus.

topNews reuters.com

Trump cancels Britain trip, blames Obama for 'peanuts' London embassy deal

LONDON (Reuters) - U.S. President Donald Trump canceled a trip to London scheduled for next month to open a new embassy, blaming Barack Obama for selling off the old one for "peanuts" in a bad deal.

companyNews reuters.com

BRIEF-Apple Tree Partners Sells 150,000 Shares Of Aileron Therapeutics Inc's Common Stock On Jan 9

* APPLE TREE PARTNERS II LP REPORTS SALE OF 150,000 SHARES OF AILERON THERAPEUTICS INC'S COMMON STOCK ON JAN 9 AT $9.80 PER SHARE - SEC FILING Source text: (http://bit.ly/2DiFGmF) Further company coverage:

companyNews reuters.com

UPDATE 1-Monsanto looking to sell dicamba-resistant GM soy seed in Brazil

SAO PAULO, Jan 11 (Reuters) - The Brazilian unit of seed and agrochemicals maker Monsanto on Thursday said it will run field tests with genetically modified soy seed INTACTA2 XTEND in Brazil in the 2019-20 crop, looking to launch the variety commercially the following year.

companyNews reuters.com

Grain glut leaves U.S. farmers facing losses from specialty corn

CHICAGO, Jan 11 (Reuters) - U.S. farmers who sought to boost revenues by planting corn used to make tortillas may be forced sell their crops at a loss to makers of ethanol or animal feed because of a glut of what typically is a human food-grade product.

businessNews reuters.com

Claws are out in logo row between Puma and fashion designer Plein

FRANKFURT (Reuters) - Sportswear firm Puma has won an injunction to stop fashion designer Philipp Plein from selling clothes in Germany bearing a tiger logo similar to its own leaping cat, Puma said on Thursday.

companyNews reuters.com

BRIEF-Keane Group Files For Offering 6 Mln Shares Of Common Stock By The Selling Stockholder

* KEANE GROUP INC FILES FOR OFFERING 6.0 MILLION SHARES OF COMMON STOCK BY THE SELLING STOCKHOLDER - SEC FILING Source text: [http://bit.ly/2D1Lvax] Further company coverage:

companyNews reuters.com

Results drive sharp moves in European stocks

LONDON, Jan 11 (Reuters) - European share trading got off to a hesitant start on Thursday as concerns over protectionism and a bond market sell-off made the breakneck New Year rally in equities fizzle out.

companyNews reuters.com

METALS-Shanghai nickel hits 2-month high on tight stocks, output concerns

(Adds Shanghai closing prices, updates London prices) BEIJING, Jan 11 (Reuters) - Nickel prices on the Shanghai Futures Exchange (ShFE) climbed by more than 1 percent to their highest in two months on Thursday, as concerns over low stock levels and production outages lent support to the market. "Nickel cathode in the warehouses is very tight... so there is some possibility to squeeze selling positions," said Xu Aidong, chief nickel analyst, Antaike. Deliverable ShFE nickel warehous

companyNews reuters.com

METALS-Shanghai nickel jumps on tight stocks, output concerns

(Adds comment, details on Philippine outages, updates prices) BEIJING, Jan 11 (Reuters) - Nickel prices on the Shanghai Futures Exchange (ShFE) climbed as much as 1 percent to their highest in two months on Thursday, tracking a rise in London a day earlier, as concerns over low stock levels and production outages lent support to the market. "Nickel cathode in the warehouses is very tight... so there is some possibility to squeeze [broker'] selling positions," said Xu Aidong, chief nicke

entertainmentNews reuters.com

'Sell Drugsz' rapper sentenced for narcotics trafficking in Rhode Island

BOSTON (Reuters) - A Rhode Island rapper whose songs include "Sell Drugsz" and "Feds Watching" has been sentenced to three years in federal prison for trafficking heroin and fentanyl, federal prosecutors said on Wednesday.

cnn.com

GoPro CEO: We're 'absolutely' open to selling company

businessNews reuters.com

Kohl's plans to lease unused store space to grocers, convenience stores - CNBC

(Reuters) - Kohl's Corp plans to lease space left vacant after shrinking some of its stores to retailers such as grocery stores or convenience stores, Chief Executive Kevin Mansell told CNBC.

businessNews reuters.com

Pimco could add U.S. Treasuries if market weakens further: Ivascyn

NEW YORK (Reuters) - Pimco, one of the world's biggest money managers, sees this week's U.S. bond market selloff as a buying opportunity and is not ready to call the spike in 10-year Treasury yield to a nine-month high a bear market precursor.

companyNews reuters.com

Franklin Templeton's Zahn reduces exposure to Italy ahead of election

LONDON, Jan 10 (Reuters) - Franklin Templeton's David Zahn said on Wednesday he had reduced holdings of Italian bonds in his flagship fund by around a half ahead of expected pre-election volatility, although any selloff would be an opportunity to move back into the market.

worldNews reuters.com

Airbus-China contract for 184 A320 jets to be finalized soon: France's Macron

BEIJING (Reuters) - French President Emmanuel Macron said a contract with China for 184 Airbus A320 narrow-body jets would be finalized soon and that his country also had ambitions to sell A350 and A380 planes to China in coming weeks or months.

worldNews reuters.com

French President Macron says contract with China for 184 A320s to be finalized soon

BEIJING (Reuters) - French President Emmanuel Macron said a contract with China for 184 Airbus A320s would be finalized soon and that his country also had ambitions to sell A350 and A380 planes to China in coming weeks or months.

companyNews reuters.com

French President Macron says contract with China for 184 A320s to be finalised soon

BEIJING, Jan 10 (Reuters) - French President Emmanuel Macron said a contract with China for 184 Airbus A320s would be finalised soon and that his country also had ambitions to sell A350 and A380 planes in coming weeks or months.

cnn.com

US to sell anti-ballistic missile to Japan

The Trump administration notified Congress on Tuesday that it has approved the potential sale of SM-3 anti-ballistic missiles to Japan in a deal estimated to be worth $133.3 million, according to a State Department statement.

companyNews reuters.com

BRIEF-SM Energy Announces Agreement To Sell 112,200 Acre Leasehold In The Powder River Basin For $500 Million

* PRESS RELEASE - SM ENERGY ANNOUNCES AGREEMENT TO SELL 112,200 ACRE LEASEHOLD IN THE POWDER RIVER BASIN FOR $500 MILLION

companyNews reuters.com

REFILE-TREASURIES-Benchmark yields hit 10-month high on BOJ move, debt supply

(Refiles to correct in next-to-last paragraph RIC for 10-year Treasury) * 10-year yields hit 10-month high * BOJ trims bond buying, sparking sell-off * U.S. corporate debt issuance weighs on market * 3-year yields rise to highest since 2007 By Kate Duguid NEW YORK, Jan 9 (Reuters) - Yields on the 10-year U.S. Treasury note reached a 10-month high on Tuesday, after the Bank of Japan said it will trim its purchases of Japanese government bonds and U.S. corporate debt hit

companyNews reuters.com

BRIEF-Melinta Therapeutics Files For Resale Of Up To 6.9 Mln Shares By Selling Stockholders

* MELINTA THERAPEUTICS INC FILES FOR RESALE OF UP TO 6.9 MILLION SHARES OF CO'S COMMON STOCK BY SELLING STOCKHOLDERS - SEC FILING‍​ Source text: (http://bit.ly/2EqugN6) Further company coverage:

companyNews reuters.com

TREASURIES-Benchmark yields hit 10-month high on BOJ move, debt supply

* 10-year yields hit 10-month high * BOJ trims bond buying, sparking sell-off * U.S. corporate debt issuance weighs on market * 3-year yields rise to highest since 2007 By Kate Duguid NEW YORK, Jan 9 (Reuters) - Yields on the 10-year U.S. Treasury note reached a 10-month high on Tuesday, after the Bank of Japan said it will trim its purchases of Japanese government bonds and U.S. corporate debt hit the market. The Japanese announcement raised speculation the country'

AT&T Inc nytimes.com

AT&T Drops Huawei’s New Smartphone Amid Security Worries

The telecommunications giant canceled a deal to sell the Mate 10 after U.S. lawmakers expressed misgivings about what they said were Huawei’s ties to the Chinese government.

Exercise nytimes.com

State of the Art: What a $4,000 Treadmill Means for the Future of Gadgets

Peloton, which sells an internet-connected spin bicycle, unveiled a $4,000 internet-connected treadmill. The company’s insight: The gadget is not as important as the service.

technologyNews reuters.com

Huawei's global ambitions hit by AT&T phone distribution deal's collapse

HONG KONG (Reuters) - Huawei Technologies Co Ltd's [HWT.UL] planned deal with U.S. carrier AT&T Inc to sell its smartphones in the United States has collapsed at the eleventh hour, people with knowledge of the matter said, in a blow to the Chinese firm's global ambitions.

companyNews reuters.com

Kenon, Chery sell 51 pct of China car venture Qoros for $1 bln

TEL AVIV, Jan 9 (Reuters) - Israel's Kenon Holdings Ltd said on Tuesday a China-based investor related to the Baoneng group has acquired 51 percent of its Qoros Automobile joint venture after the deal obtained approval from China's Ministry of Commerce. The Baoneng-related investor paid 6.63 billion yuan ($1 billion) for the stake. As a result, Kenon's stake has fallen to 24 percent while Wuhu Chery Automobile Investment Co, a subsidiary of Chery Automobile Co, holds 25 percent.

companyNews reuters.com

CORRECTED-Chinese retailer JD.com commits to sell 2 bln euros in French imports

PARIS, Jan 9 (Reuters) - JD.com, China’s largest retailer, announced on Tuesday plans to sell 2 billion euros ($2.4 billion) of French goods to Chinese consumers over the next two years, and to purchase another 100 million euros in French-made products.

businessNews reuters.com

GM races to build a formula for profitable electric cars

DETROIT (Reuters) - General Motors Co Chief Executive Mary Barra has made a bold promise to investors that the Detroit automaker will make money selling electric cars by 2021.

companyNews reuters.com

REFILE-U.S. lawsuit says Wal-Mart deceived buyers of organic eggs

CHICAGO, Jan 8 (Reuters) - Wal-Mart Stores Inc misled U.S. shoppers by selling organic eggs laid by hens raised in enclosed structures under package labels that said the birds had access to the outdoors, a federal lawsuit alleged on Monday.

businessNews reuters.com

U.S. lawsuit says Wal-Mart deceived buyers of organic eggs

CHICAGO (Reuters) - Wal-Mart Stores Inc misled U.S. shoppers by selling organic eggs laid by hens raised in enclosed structures under package labels that said the birds had access to the outdoors, a federal lawsuit filed alleged on Monday.

companyNews reuters.com

UPDATE 2-AT&T walks away from deal to sell Huawei smartphones -WSJ

Jan 8 (Reuters) - AT&T Inc, the No. 2 U.S. wireless carrier, has backed off from a deal to sell smartphones made by Chinese Huawei Technologies Co Ltd, the Wall Street Journal reported on Monday, citing people familiar with the matter.

technologyNews reuters.com

AT&T walks away from deal to sell Huawei smartphones: WSJ

(Reuters) - AT&T Inc, the No. 2 U.S. wireless carrier, has backed off from a deal to sell smartphones made by Chinese Huawei Technologies Co Ltd [HWT.UL], the Wall Street Journal reported on Monday, citing people familiar with the matter.

companyNews reuters.com

UPDATE 1-AT&T walks away from deal to sell Huawei smartphones -WSJ

Jan 8 (Reuters) - AT&T Inc, the No. 2 U.S. wireless carrier, has backed off from a deal to sell smartphones made by Chinese Huawei Technologies Co Ltd, the Wall Street Journal reported on Monday, citing people familiar with the matter.

companyNews reuters.com

BRIEF-AT&T Backs Away From Deal To Sell Huawei Smartphones - CNBC, Citing DJ‍​

* AT&T BACKS AWAY FROM DEAL TO SELL HUAWEI SMARTPHONES - CNBC, CITING DJ‍​ Source text: http://cnb.cx/2AGcl2D Further company coverage: ( Bangalore.newsroom@thomsonreuters.com )

businessNews reuters.com

GoPro considering selling itself, hires J.P. Morgan: source

(Reuters) - GoPro Inc is considering selling itself and has hired J.P. Morgan to help it with the process, a source familiar with the matter told Reuters on Monday.

companyNews reuters.com

BRIEF-BRT Apartments Agrees To Sell Property For More Than $97 Million

* PRESS RELEASE - BRT APARTMENTS CORP. AGREES TO SELL MULTI-FAMILY PROPERTY FOR MORE THAN $97 MILLION

businessNews reuters.com

Saint Laurent ventures online in China as luxury portals take off

PARIS (Reuters) - French fashion label Saint Laurent, part of Kering , will start selling online in China through a JD.com portal, joining shopping players like Alibaba in trying to tap strong luxury goods demand from Chinese consumers.

businessNews reuters.com

No quick deal seen between Airbus and China on A380

PARIS (Reuters) - Airbus has studied the possibility of selling China a stake in its flagship A380 superjumbo program in exchange for orders as it tries to shore up declining production, but no immediate deal is on the table, industry sources said.

cnn.com

H&M apologizes for using black child to sell 'coolest monkey' hoodie

companyNews reuters.com

Angola LNG production setback prompts tender cancellation

LONDON, Jan 8 (Reuters) - A production issue affecting the Chevron-led Angola liquefied natural gas (LNG) export facility has prompted the cancellation of a tender to sell a spot cargo that was due to load this week, market sources said.

companyNews reuters.com

Papua New Guinea tenders to sell February LNG cargo - trade sources

LONDON, Jan 8 (Reuters) - ** Exxon Mobil's Papua New Guinea's liquefied natural gas (LNG) export plant launches tender on Monday to sell cargo for delivery to Japan, South Korea, China, Taiwan or India region on Feb. 7-12, trade sources said. ** The tender was issued on Jan. 8, closes on Jan. 10 and is valid until Jan. 12, traders said. (Reporting by Oleg Vukmanovic, editing by Louise Heavens)

healthNews reuters.com

Sanofi to market new hemophilia drug in deal with Alnylam

PARIS (Reuters) - French pharmaceutical group Sanofi said it has obtained the right to develop and sell a new hemophilia drug in a restructuring of its partnership with U.S. Alnylam Pharmaceuticals.

businessNews reuters.com

Ford to launch diesel truck to grab fuel economy edge

DETROIT (Reuters) - Ford Motor Co plans this spring to offer a diesel engine version of its best-selling F-150 pickup truck, looking to gain a marketing edge as its main rivals ramp up more efficient pickups of their own.

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Palestinians attack car of Greek Patriarch in protest against land deals

BETHLEHEM, West Bank (Reuters) - Palestinian Christians on Saturday pummeled the car of the Greek Orthodox Patriarch of Jerusalem during a visit to the occupied West Bank in protest against the church's decision to sell land to Jewish groups.