By Trevor Hunnicutt NEW YORK, Feb 21 (Reuters) - U.S. fund investors tiptoed back into stocks after pulling the most cash on record the week prior, but they are now punishing bonds, Investment Company Institute (ICI) data showed on Wednesday. Investors pulled $12.1 billion from bond mutual funds and exchange-traded funds (ETFs) in the United States during the most recent week, the trade group said, marking the most cash drained out of those products since December 2015 and the first
BRUSSELS/ZURICH, Feb 21 (Reuters) - European supermarkets including Belgium's Colruyt and Switzerland's Coop have dropped some Nestle products, as a buying group representing them pushes for better prices.
By Bruno Federowski SAO PAULO, Feb 21 (Reuters) - Latin American currencies seesawed on Wednesday as traders awaited the release of the minutes of the Federal Reserve's last policy meeting that could offer clues on the pace of future U.S. interest rate hikes. Currencies from Brazil, Mexico and Chile treaded water, while the Colombian peso weakened 0.8 percent. Traders have been anxiously awaiting new hints over the Fed's strategy in coming months following an unexpectedly strong
BOSTON, Feb 21 (Reuters) - Activist investor Barington Capital Group, L.P. wants Outback Steakhouse owner Bloomin' Brands Inc to spin off three smaller restaurant chains into a new company, cut costs and improve diners' experiences, steps it says can double its flagging share price.
WASHINGTON (Reuters) - The White House on Wednesday praised an experimental program in Oregon that charges a mileage tax to volunteer drivers, adding to signals that President Donald Trump is open to finding new revenue sources to pay for his proposed infrastructure program.
Pump the brakes, progressives, and listen. Thanks to those activist kids from Marjory Stoneman Douglas High School, the national conversation surrounding guns is evolving -- and it's evolving in a serious way. Some gun owners are already taking action.
FRANKFURT (Reuters) - Neo-Nazis are attempting to infiltrate one of Germany's biggest car makers, Daimler , to turn a key factory into a showcase for their views, the plant's works council said on Wednesday.
MONTREAL, Feb 21 (Reuters) - The real estate arm of Canada's second-largest pension fund manager wants to "more than double" the C$800 million ($631 million) it has already committed to investments in India in the short term, President Daniel Fournier told Reuters on Wednesday.
LONDON, Feb 21 (Reuters) - Copper steadied on Wednesday after hitting a one-week low earlier in the session as investors moved into the safety of the dollar before the release of the minutes from the U.S. Federal Reserve's most recent policy meeting.
MILAN (Reuters) - Italian entrepreneur Alessandro Bastagli set his sights on Shanghai Tang two decades ago and having finally bought the brand in 2017 from Richemont he aims to increase the group's sales by 15-20 percent next year.
HOUSTON, Feb 21 (Reuters) - Drilling contractor Transocean Ltd on Wednesday expressed optimism about a recovery in offshore drilling activity this year, despite reporting its third quarterly loss in a row.
BERLIN (Reuters) - Filipino director Lav Diaz's musical about martial law under President Ferdinand Marcos is set firmly in the 1970s, but the movie is as much about today, he told Reuters at the Berlin film festival on Wednesday.
COPENHAGEN (Reuters) - Insulin maker Novo Nordisk said its Ozempic diabetes drug had been included on a list of medicines approved for patients covered by U.S. private health schemes, setting the stage for a battle with Eli Lilly's Trulicity.
(Reuters) - Broadcom Ltd cut its bid for Qualcomm Inc on Wednesday by 4 percent to $117 billion, after the latter raised the stakes in the chipmaker takeover battle with a sweetened $44 billion agreement to acquire NXP Semiconductors NV .
WASHINGTON (Reuters) - U.S. home sales unexpectedly fell in January, leading to the biggest year-on-year decline in more than three years, as a persistent shortage of houses pushed up prices and kept first-time buyers out of the market.
President Donald Trump, after being criticized for his response to Russia's election meddling, challenged Attorney General Jeff Sessions to launch an investigation into the Obama administration for failing to do enough to stop the 2016 election foreign interference.
NEW YORK (Reuters) - General Electric Co Chief Financial Officer Jamie Miller said on Wednesday that the industrial conglomerate has no plans to raise equity to strengthen its balance sheet, dismissing speculation about such a move.
VILNIUS (Reuters) - Lithuania's tobacco regulator believes Philip Morris's new electronic smoking device should be subject to the same advertising restrictions as tobacco, potentially dealing a blow to a product the company has touted as the future of smoking.
Philadelphia (Reuters) - Republican Senator Ted Cruz of Texas will speak at a rally against the U.S. Renewable Fuel Standard (RFS) on Wednesday hosted by bankrupt refiner Philadelphia Energy Solutions Inc - a company that blames the controversial biofuels policy for its financial demise.
(Reuters Health) - Infants are much less likely to get influenza or whooping cough when their mothers were vaccinated against these infections during pregnancy, and a new study suggests this doesn’t pose a safety risk for babies.
It must be a mark of how middle-aged and middle-of-the-road I've become that I'm actually excited about Mitt Romney running for the Senate. I'll explain why I'm offering my support later -- because far more important is that Donald Trump has beaten me to it. The President posted an endorsement of Romney's Utah candidacy on Twitter. Romney replied with gratitude.
DUBAI (Reuters) - Saudi Arabia's state-owned utility National Water Co (NWC) has hired Japan's Mizuho Bank to advise it on bringing private companies into the water distribution sector, NWC said on Wednesday.
Some argue for stricter gun control policies, others call for more social and emotional learning, but it's important not to let the debate get in the way of action. Here are seven interrelated ideas that can move our country forward toward actual solutions that reduce school shootings.
JERUSALEM (Reuters) - Intel Corp plans to invest $5 billion to expand production at its Kiryat Gat plant in southern Israel, Israeli Economy Minister Eli Cohen said on Wednesday after talks with the U.S. chipmaker.
(Reuters) - U.S. evangelist Billy Graham, who counseled presidents and preached to millions across the world from his native North Carolina to communist North Korea during his 70 years on the pulpit, died on Wednesday at the age of 99, a spokesman said.
PARKLAND/TALLAHASSEE, Fla. (Reuters) - Student activists from the Florida high school where 17 teens and staff were shot and killed will call for a ban on assault-style weapons when they meet with lawmakers and hold a rally on Wednesday in Tallahassee, the state capital.
SAO PAULO, Feb 21 (Reuters) - Telefonica Brasil SA , the country's largest telecommunications company, on Wednesday reported that fourth-profit rose 25 percent from a year ago as it increased its reliance on higher-end offerings.
Feb 21 (Reuters) - Oil and gas producer EQT Corp said on Wednesday it would spin off its midstream business to create a standalone publicly traded company, yielding to months of pressure from shareholders.
* EYENOVIA ADVANCES MICROPINE FOR MYOPIA INTO PHASE III CLINICAL DEVELOPMENT AND APPOINTS STANFORD PROFESSOR DR. DOUGLAS FREDRICK TO ITS SCIENTIFIC ADVISORY BOARD AND MYOPIA PROGRAM STEERING COMMITTEE
GANGNEUNG, South Korea (Reuters) - Norway skated to a stunning victory in the men's team pursuit at the Gangneung Oval on Wednesday, winning gold ahead of hosts South Korea as defending champions the Netherlands wilted.
ISLAMABAD (Reuters) - Pakistan's Supreme Court ordered on Wednesday that ousted Prime Minister Nawaz Sharif be removed as head of the political party he founded, six months after the court removed him as premier.
(Reuters) - Broadcom Corp has lowered its takeover offer for chipmaker Qualcomm Inc to $79 per share from $82 to account for the latter's increased offer for NXP Semiconductors NV , Broadcom said on Wednesday.
BERLIN (Reuters) - European fashion giants H&M and C&A, as well as technology company 3M , are looking into a report in the Financial Times alleging that inmates of a Chinese prison made packaging used by the companies.
HARARE (Reuters) - Zimbabwe's former ruler Robert Mugabe observed his 94th birthday in private behind the walls of his Harare mansion on Wednesday, without the lavish parties that marked the occasion during his nearly four-decade rule.
YANGON (Reuters) - A bomb explosion on Wednesday in Myanmar's northeastern city of Lashio killed two bank workers and injured 11 people, the government said. Police said they were investigating but had no word on possible suspects.
You may have read about the new study from political scientists that ranks President Donald Trump as the worst president ever. There's nothing inherently wrong with the study, and the political scientists who worked on it are well-respected. Most Americans, though, don't rank Trump as the worst president ever, even if most disapprove of the job Trump is doing.
HELSINKI (Reuters) - Nokia does not see meaningful potential for its "struggling" digital health business which includes activity trackers and smartwatches, according to an internal memo seen by Reuters on Wednesday.
PYEONGCHANG, South Korea (Reuters) - Kikkan Randall and Jessica Diggins delivered the first Olympic cross-country medal for the United States since 1976 with a stunning victory in a thrilling finish to the women's team sprint relay on Wednesday.
PYEONGCHANG, South Korea (Reuters) - Norway's Marit Bjoergen cemented her place as the greatest ever Winter Olympian with a relay bronze medal on Wednesday, but with the 30km classic mass start still to come, she is not quite ready to ski off into the sunset just yet.
MADRID (Reuters) - Spain's Supreme Court has called for the arrest of former Catalan member of parliament Anna Gabriel after she failed to appear in court on Wednesday to answer charges related to the region's independence push.
JERUSALEM (Reuters) - Chipmaker Intel Corp plans to invest $5 billion to expand production at its Kiryat Gat plant in Israel in the next three years, Israeli Economy Minister Eli Cohen said on Wednesday.
MOSCOW (Reuters) - The Kremlin said on Wednesday it hopes an investigation into the case of a Russian curler who tested positive for doping at the ongoing Winter Olympics would clear the athlete's name.
BRUSSELS (Reuters) - The European Union should raise taxes on fossil fuels to help meet goals on climate change and plug a budget gap after Britain leaves the bloc, former senior EU officials said in a letter to EU leaders.
CAPE TOWN (Reuters) - A tough water-saving regime and the generosity of farmers have given South Africa's main tourist hub welcome respite from a severe drought and helped push back a dreaded "Day Zero" when Cape Town's taps are expected to run dry.
BERLIN (Reuters) - Germany issued a decree on Wednesday to allow hunters to shoot wild boar year-round to stop the animals, which can carry African swine fever, from passing the deadly infection on to farm pigs.
BERLIN/PARIS (Reuters) - Engine maker Pratt & Whitney is likely to return to a previous seal as a way of temporarily dealing with the latest issues on the geared turbofan engine for the Airbus A320neo, according to several people familiar with the matter.
Their hopes for a détente with Mr. Trump, who effectively staged a hostile takeover of a party he joined only in 2012, reflect the realization that rank-and-file Republicans have come to embrace the president.
MOSCOW (Reuters) - The Kremlin said on Wednesday that "everything is fine" in the Russian defense sector, responding to an assertion by the U.S. State Department that sanctions had cost Russia $3 billion in lost defense contracts.
FRANKFURT (Reuters) - Daimler said it will invest 2.6 billion euros ($3.2 billion) in research and development at its trucks division by 2019, as part of a broader effort to mass produce electric heavy-duty commercial vehicles from 2021.
LONDON (Reuters) - The dollar rose to its highest level in a week on Wednesday and world stocks fell for the third day as investors braced for minutes from the Fed's last policy meeting to see if they would herald more rises in interest rates and global bond yields.
The thought of a vaccine might conjure up memories of that flu shot you get each year, or taking your kids to get their immunizations against polio or measles. Cancer rarely comes to mind when most people think of vaccines, but that appears to be changing.
BEIRUT (Reuters) - The bodies of seven victims of Sunday's air crash in Iran were brought down from the mountainous crash site on Wednesday, according to Mizan, the official news site of the Iranian judiciary.
GANGNEUNG, South Korea (Reuters) - Six different players scored to power the Olympic Athletes from Russia (OAR) past Norway 6-1 and set up a semi-final matchup with the Czech Republic in the men's ice hockey tournament of the Pyeongchang Games on Wednesday.
PYEONGCHANG, South Korea (Reuters) - An image of a giant dove lit up the night sky and singers performed John Lennon's "Imagine" at the opening ceremony of the Pyeongchang Winter Olympics, not long after athletes from enemies South and North Korea marched into the stadium together.
JERUSALEM (Reuters) - A confidant of Israeli Prime Minister Benjamin Netanyahu has agreed to turn state's witness in one of several corruption investigations posing a serious threat to the conservative leader's political survival, local media said.
GANGNEUNG, South Korea (Reuters) - North Korea will not be the only nation leaving the Pyeongchang Olympics without a medal, but they are one of the few minnows of winter sports to have earned rousing cheers wherever they go.
PYEONGCHANG, South Korea, Feb 20 (Reuters) - In packing for the Winter Olympics, Canadian entrepreneur Domenico Ciarallo stuffed his bags with hats and t-shirts bearing the logo of his company, which makes locker-room dryers.
JOHANNESBURG, Feb 21 (Reuters) - South Africa's parliament will launch an investigation into allegations of influence-peddling against mines minister Mosebenzi Zwane, its oversight committee on mineral resources department said on Wednesday.
ANKARA (Reuters) - Pro-Syrian government forces which tried to enter the Afrin region on Tuesday retreated after artillery fire by Turkish forces fighting a Kurdish militia there, Turkish President Tayyip Erdogan's spokesman said on Wednesday.
PYEONGCHANG, South Korea, Feb 21 (Reuters) - An image of a giant dove lit up the night sky and singers performed John Lennon's "Imagine" at the opening ceremony of the Pyeongchang Winter Olympics, not long after athletes from enemies South and North Korea marched into the stadium together.
Feb 21 (Reuters) - U.S. drugmaker Merck & Co, already one of the leaders in the hot area of cancer immunotherapy, said on Wednesday it had agreed to buy Viralytics for 502 million Australian dollars ($394 million) to expand its drug pipeline.
PARKLAND/TALLAHASSEE, Fla. (Reuters) - Student and parent activists from the Florida high school where 17 teens and staff members were slain last week in a shooting rampage will hold a rally on Wednesday at the state capital, calling for a ban on assault-style rifles.
ZURICH (Reuters) - Swiss software company Temenos said it has agreed a 1.4 billion pound ($1.96 billion) deal to buy British peer Fidessa Group, whose shares traded above the offer price as an activist investor disclosed a stake of nearly 5 percent.
TOKYO (Reuters) - A second year of slowing growth in the U.S. auto market is forcing Japanese automakers to look beyond discounts to grow market share and focus more on boosting profitability in their largest market.
ROME, Feb 21 (Reuters) - Italian Economy Minister Pier Carlo Padoan said on Wednesday that the European Commission should sanction Slovakia if it is using state aid to lure companies away from European Union partners.
He photographed fashion for Vogue, directed the 1971 blaxploitation film "Shaft," composed orchestral scores, and wrote memoirs, novels and poems. But it was with his sensitive, insightful documentary photos of black America that Gordon Parks made himself one of the 20th century's most important cultural figures.
JERUSALEM (Reuters) - A confidant of Israeli Prime Minister Benjamin Netanyahu has agreed to provide testimony on behalf of the state about alleged corrupt dealings between the government and the country's biggest telecoms group, Israeli media reported on Wednesday.
LONDON, Feb 21 (Reuters) - European shares retreated in early dealing on Wednesday, under pressure from a continued rise in bond yields, though well-received results updates from telecom companies, bank Lloyds and miner Glencore helped limit the declines.
JOHANNESBURG (Reuters) - Gunmen killed six people in an attack on a police station in a small South African town on Wednesday, stealing quantities of weapons and a vehicle in what police were treating as a robbery.
MOSCOW (Reuters) - Two young anti-Putin activists trudged through a snow-logged Moscow housing estate on a recent Saturday, putting up fliers promoting a boycott of a presidential election next month.
BEIRUT (Reuters) - Residents of Syria's eastern Ghouta said they were "waiting their turn to die" early on Wednesday, after more pro-government rockets and barrel bombs fell on the besieged rebel enclave.
NEW DELHI (Reuters) - U.S. President Donald Trump's elder son described India as an important market for The Trump Organization but said the global company will lose out on new deals because of self-imposed restrictions put in place by his father since he took office.
LONDON (Reuters) - More than 60 lawmakers in Prime Minister Theresa May's Conservative Party have signed a letter demanding that she deliver a Brexit that ensures "full regulatory autonomy" for Britain after it leaves in March 2019, the BBC reported.
BEIRUT (Reuters) - Turkey shelled Afrin overnight on Tuesday and showed no sign of slackening its assault on the Kurdish-held region despite the arrival of pro-Syrian government militia there, a war monitor said.
GANGNEUNG, South Korea (Reuters) - Petr Koukal scored the only goal in the shootout to give the Czech Republic a 3-2 win over the United States on Wednesday to become the first team through to the semi-finals of the men's Olympic ice hockey tournament.
TOKYO (Reuters) - Asian stocks gained on Wednesday, while the dollar advanced as traders near-term focus shifted to the minutes of the Federal Reserve's last policy meeting for hints on the future pace of U.S. monetary tightening.
PYEONGCHANG, South Korea (Reuters) - Sofia Goggia carved up the Jeongseon slope "like a Samurai" to win the women's downhill on Wednesday and leave American Lindsey Vonn with a bronze medal in her final run in the marquee event of Olympic Alpine skiing.
MEXICO CITY (Reuters) - A group of human and digital rights activists said on Tuesday that the Mexican government had failed to properly investigate allegations their smartphones were infected with spying software. They have asked for an independent investigation.
CARACAS (Reuters) - President Nicolas Maduro said Tuesday that Venezuela had received $735 million in the first day of a pre-sale of the country's “petro” cryptocurrency, aimed at pulling the country out of an economic tailspin.
SEOUL (Reuters) - General Motors has proposed investing $2.8 billion into its struggling South Korean operations over the next 10 years and has asked Seoul to provide funds for the investment, a South Korean government official said on Wednesday.
GANGNEUNG, South Korea (Reuters) - Kaori Sakamoto of Japan, in her Olympic debut, skated a clean, lyrical program to take a surprise lead in the women's figure skating contest on Wednesday, although a number of medal favorites had yet to skate.
TOKYO (Reuters) - A Japanese cryptocurrency exchange undergoing checks by regulators has said a system failure let investors briefly trade a digital currency for zero yen, highlighting security concerns about such assets after last month's cyber heist at Coincheck Inc.
PHNOM PENH (Reuters) - Japan donated over 10,000 ballot boxes for Cambodia's 2018 election on Wednesday, the first international aid for the vote after European Union and the United States withdrew their support following the dissolution of the main opposition party.
(Reuters) - A U.S. regulator on Tuesday filed a lawsuit against 16 U.S. and international banks alleging they had manipulated bbaLIBOR, which is a series of interest-rate benchmarks, leading to the collapse of Puerto Rico's Doral Bank.
PYEONGCHANG, South Korea (Reuters) - New Zealand's Carlos Garcia Knight topped qualifying for the men's snowboarding big air competition at the Pyeongchang Winter Games on Wednesday, while Olympic slopestyle champion Redmond Gerard also scraped into the final.
(Reuters) - A Wisconsin man convicted of murder in the case that was chronicled in the Netflix documentary, "Making of a Murderer," on Tuesday asked the U.S. Supreme Court to toss out his 2005 confession that his attorneys claim was coerced by investigators, the Washington Post reported.
GANGNEUNG, South Korea (Reuters) - World and defending Olympic champions Canada, the most dominant force in women's curling, were knocked out at the preliminary stage after losing to Britain on Wednesday in one of the biggest shocks of the Pyeongchang Games.