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French Finance Minister backs contract renewal for embattled Orange CEO Richard

PARIS (Reuters) - Orange Chief Executive Stephane Richard's contract should be renewed, France's finance minister said on Monday, even after Richard was ordered to stand trial for abusing public funds in a case unrelated to the telecommunications firm.

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UK's Computacenter hikes 2017 expectations, sees stable 2018

(Reuters) - IT services firm Computacenter Plc said on Monday its 2017 adjusted pretax results were set to beat its expectations, driven by strength across Germany, the United Kingdom and France.

cnn.com

Opinion: This time bankruptcy won't get Trump out of a mess

"When the going gets tough, the tough get going," the saying goes. But in Donald Trump's case, that expression could be amended to: "When the going gets tough, Trump files for bankruptcy" -- at least with respect to his ventures that hit especially hard times.

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Israel's Bank Leumi to sell 15 pct of U.S. unit for $141 mln

TEL AVIV, Jan 22 (Reuters) - Bank Leumi has agreed to sell a 15 percent stake in its subsidiary Bank Leumi USA to two strategic investors for $141 million, Israel's second largest bank said on Monday.

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UK's Computacenter says to beat 2017 expectations, sees stable 2018

(Reuters) - Computacenter Plc's 2017 adjusted pre-tax results are set to beat expectations driven by strength across Germany, the United Kingdom and France, the British IT services company said on Monday.

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Exclusive: Philadelphia Energy Solutions to file for bankruptcy - memo

(Reuters) - Philadelphia Energy Solutions LLC, the owner of the largest U.S. East Coast oil refining complex, announced to its employees on Sunday that it plans to file for Chapter 11 bankruptcy, according to an internal memo reviewed by Reuters.

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'Jumanji' stays strong, topping '12 Strong,' 'Den of Thieves' with $20 million

LOS ANGELES, (Variety.com) - Sony's "Jumanji: Welcome to the Jungle" has won its third weekend box office title with ease, topping newcomers "12 Strong" and "Den of Thieves," with $20 million at 3,704 North American locations.

Corruption (Institutional) nytimes.com

How Corruption and Cronyism in Banking Fueled Iran’s Protests

Thousands lost their savings in the collapse of shady banks, part of a broader economic system plagued by insider dealing, mismanagement and inefficiency.

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Vista Equity explores options for PowerSchool, PeopleAdmin: sources

(Reuters) - Private equity firm Vista Equity Partners Management LLC is exploring options for two software companies it owns, PowerSchool and PeopleAdmin, that could involve combining them in a deal worth between $2 billion to $3 billion, according to people familiar with the matter.

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Facebook to prioritize 'trustworthy' news based on surveys

SAN FRANCISCO (Reuters) - Facebook Inc will prioritize "trustworthy" news in its feed of social media posts, using member surveys to identify high-quality outlets and fight sensationalism and misinformation, Chief Executive Mark Zuckerberg said on Friday.

Bank of America Corporation nytimes.com

Bank of America Executive Departs After Misconduct Claim

The executive, Omeed Malik, was accused of inappropriate sexual conduct with a young woman, according to people briefed on the bank’s investigation.

cnn.com

Trump appointee lays out plan to relax regulations on banks

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Canada's Hydro Quebec unable to meet demand from digital currency miners

MONTREAL (Reuters) - Canada's largest utility, Hydro Quebec, is reviewing its commercial energy strategy after being inundated with demand from global digital currency miners rushing to the province to benefit from political stability and low energy prices.

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Ex-IBM employee from China gets five years prison for stealing code

NEW YORK (Reuters) - A former software engineer for IBM in China was sentenced to five years in prison after he pleaded guilty to stealing proprietary source code from the company, prosecutors announced on Friday.

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Facebook to prioritize 'trustworthy' news sources

SAN FRANCISCO (Reuters) - Facebook Inc will begin to prioritize "trustworthy" news outlets on its stream of social media posts as it works to combat "sensationalism" and "misinformation," Chief Executive Mark Zuckerberg said on Friday.

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BRIEF-South Jersey Industries Issues Medium Term Notes Of $50 Million

* SOUTH JERSEY INDUSTRIES INC - ‍ON JANUARY 16, 2018, CO ISSUED AN AGGREGATE OF $50 MILLION AGGREGATE PRINCIPAL AMOUNT OF MEDIUM TERM NOTES - SEC FILING​

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BRIEF-American National Bankshares Announces Stock Repurchase Plan Of Up To 300,000 Shares

* AMERICAN NATIONAL BANKSHARES INC. ANNOUNCES A STOCK REPURCHASE PLAN

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BRIEF-Bank Of Commerce Holdings Reports Quarterly EPS $0.00

* BANK OF COMMERCE HOLDINGS - QTRLY NET INTEREST INCOME $10.9 MILLION VERSUS $9.4 MILLION Source text for Eikon: Further company coverage:

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Amazon boosts monthly fee for Prime by $2, maintains yearly rate

(Reuters) - Amazon.com Inc raised the monthly fee for the U.S. version of its fast-shipping and video-streaming service Amazon Prime by $2 on Friday, making the case for subscribers to upgrade to an annual plan.

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CANADA STOCKS-TSX rises, led by bank and railroad shares

TORONTO, Jan 19 (Reuters) - Canada's main stock index rose on Friday, led by gains for the heavyweight financials group and industrial shares, while energy stocks were weighed by lower oil prices.

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Amazon raises monthly fee for Prime service by 18 percent

(Reuters) - Amazon.com Inc on Friday raised the monthly fee for Amazon Prime, its fast-shipping and video-streaming service, to $12.99 from $10.99, while maintaining the annual fee.

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IBM shares fall on soft profit outlook

(Reuters) - Shares in International Business Machines fell 2.6 percent on Friday as analysts judged a "disappointing" full-year profit forecast showed that the company would take more time to get back on a path of steady growth.

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U.S. CFTC sues three virtual currency operators for fraud

WASHINGTON (Reuters) - The U.S. derivatives watchdog said on Friday that it has filed charges against three separate virtual currency operators alleging the defendants had defrauded customers and broken other commodity trading rules, in a further sign regulators globally are cracking down on the emerging asset class.

California Today nytimes.com

California Today: California Today: 100 Million Dead Trees Prompt Fears of Giant Wildfires

Friday: A new wildfire threat, the L.A. Times’s chief executive is accused of inappropriate behavior, the millionaire-exodus scenario and surfing as the official state sport.

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1.3 million children displaced by Iraq's war with Islamic State: UNICEF

GENEVA (Reuters) - About half the 2.6 million people displaced in Iraq after a three-year war with Islamic State militants are children and persisting violence hampers efforts to ease their suffering, the United Nations said on Friday.

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Xiaomi to expand store network in Indian tussle with Samsung

MUMBAI (Reuters) - China's Xiaomi plans to expand its Indian store network as it attempts to grab the lead in a smartphone market which Korea's Samsung has dominated for more than five years.

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India sends tax notices to cryptocurrency investors as trading hits $3.5 billion

NEW DELHI (Reuters) - India has sent tax notices to tens of thousands of people dealing in cryptocurrency after a nationwide survey showed more than $3.5 billion worth of transactions have been conducted over a 17-month period, the income tax department said.

cnn.com

$6 million in chips stolen from casino

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China targets cryptocurrencies in online pyramid scheme crackdown

(Reuters) - China will crack down on online pyramid schemes, including speculation masked as cryptocurrencies and online games, the public security ministry said on Friday.

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Huawei founder, top executives to pay $469,000 fine for management oversight

HONG KONG (Reuters) - Top executives of Huawei Technologies Co [HWT.UL], including founder Ren Zhengfei, will pay a self-imposed fine totaling 3 million yuan ($469,000) for management oversight of some quality breaches at the firm, an internal company memo shows.

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SoftBank telecoms IPO faces headwinds from govt-backed upstarts

* SoftBank telecoms IPO could be largest Japan listing in 20 yrs

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Bitcoin use under scrutiny in Indonesian island of Bali

JAKARTA/KUTA, Indonesia (Reuters) - Indonesian authorities are investigating the use of bitcoin in the holiday island of Bali, amid warnings by the central bank in Southeast Asia's biggest economy over the risks posed by virtual currencies, an official said.

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BRIEF-TSMC Orders Machinery Equipment Worth T$372 Million From Siemens Ltd

Jan 19 (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd :

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Google announces patent agreement with Tencent amid China push

BEIJING (Reuters) - Alphabet Inc's Google has agreed to a patent licensing deal with Tencent Holdings Ltd as it looks for ways to expand in China where many of its products, such as app store, search engine and email service, are blocked by regulators.

businessNews reuters.com

Possible Buffett successor Jain reports $109 million Berkshire stake

(Reuters) - Ajit Jain, who was recently appointed a vice chairman of Warren Buffett's Berkshire Hathaway Inc , on Thursday reported ownership of roughly $109 million of the conglomerate's stock.

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Apollo-owned security firm ADT's IPO prices below target

(Reuters) - U.S. security company ADT Corp , owned by private equity firm Apollo Global Management LLC , said on Thursday its initial public offering (IPO) was priced well below its expected range, signaling investors are being picky about new offerings.

businessNews reuters.com

SoftBank is now Uber's largest shareholder as deal closes

SAN FRANCISCO (Reuters) - A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc [UBER.UL] on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.

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UPDATE 2-SoftBank is now Uber's largest shareholder as deal closes

SAN FRANCISCO, Jan 18 (Reuters) - A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.

technologyNews reuters.com

Home security company ADT Inc's IPO priced at $14 per share

(Reuters) - ADT Inc, a provider of security monitoring services, said on Thursday that its initial public offering was priced at $14 per share, below the expected range of $17 to $19.

worldNews reuters.com

U.S. won't pay $45 million pledged for Palestinian food aid for now

WASHINGTON (Reuters) - The United States will not provide $45 million in food aid for Palestinians that it pledged last month as part of the West Bank/Gaza Emergency Appeal led by the U.N. Relief and Works Agency (UNRWA), the U.S. State Department said on Thursday.

technologyNews reuters.com

Apple to release software update to resolve iPhone slowdown: CEO

(Reuters) - Apple Inc will release a software update that will allow users to turn off a feature that slows down iPhones when batteries are low on charge, Chief Executive Tim Cook told ABC News.

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HSBC to pay $100 million to settle U.S. probe into currency rigging

(Reuters) - HSBC Holdings Plc on Thursday agreed to pay $101.5 million to settle a U.S. criminal probe into the rigging of currency transactions, which has already led the conviction of one of its former bankers.

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Amazon's review of Toronto could escalate tension with Trump

TORONTO (Reuters) - Amazon.com Inc's inclusion of Canada's largest city on a list of 20 finalists for a massive new campus could escalate tensions between the tech giant and U.S. President Donald Trump.

PersonalFinance reuters.com

Factbox: Big U.S. banks' fourth-quarter results muddied by new tax law

(Reuters) - Morgan Stanley reported quarterly results on Thursday, rounding off an earnings season for big U.S. banks marked by across-the-board hit to profits from the U.S. tax overhaul.

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Uber-SoftBank deal has closed, making SoftBank largest shareholder

SAN FRANCISCO (Reuters) - A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc [UBER.UL] on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.

technologyNews reuters.com

Fears of global crackdown fail to dampen cryptocurrency interest

MIAMI (Reuters) - Worries about a crackdown by global regulators on cryptocurrency trading could slow the pace of bitcoin's rise but should not threaten its existence, investors and market participants at a cryptocurrency conference said on Thursday.

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BRIEF-H&R Announces $250 Million Senior Unsecured Debenture Financing

* H&R REAL ESTATE INVESTMENT TRUST - THE DEBENTURES WILL CARRY A COUPON RATE OF 3.416% AND WILL MATURE ON JANUARY 23, 2023

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Nigeria sues JP Morgan for $875 million over Malabu oilfield deal

LONDON (Reuters) - Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company controlled by the country's former oil minister.

companyNews reuters.com

MOVES-Bank of America names MacDonald new global TMT head; Zakkour departs

Jan 18 (Reuters) - Bank of America Corp has appointed Jack MacDonald to be head of global technology, media and telecom investment (TMT)banking, following the departure of Anwar Zakkour, the banker who formerly led the TMT group, according to a memo seen by Reuters.

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BRIEF-Jacksonville Says CNB Or Co To Pay Fee Of $2.25 Million if Deal Terminated

* JACKSONVILLE- IF MERGER AGREEMENT WITH CNB BANK SHARES TERMINATED UNDER CERTAIN CIRCUMSTANCES,CO OR CNB TO PAY FEE OF $2.25 MILLION TO THE OTHER-SEC FILING Source text : [http://bit.ly/2mTSDMO] Further company coverage:

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Deutsche Bank CEO says overhaul will take time

BERLIN/FRANKFURT (Reuters) - Deutsche Bank's CEO on Thursday said an overhaul of the bank would take time but plans to turn around its performance were on the right track.

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

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

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Russia accuses Washington of leaking diplomats' bank details

MOSCOW (Reuters) - Russia's foreign ministry on Thursday accused U.S. officials of leaking to the media confidential financial details of Russian diplomats working in the United States, and demanded that those responsible be punished.

technologyNews reuters.com

Amazon shortlists 20 cities, including Toronto, for second headquarters

(Reuters) - Amazon.com Inc has short-listed 20 cities and regions, including Canada's Toronto, for the construction of a second headquarters that it says will generate 50,000 new, high-paying jobs in a $5 billion investment.

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BRIEF-Kindred Biosciences Inc Files For Mixed Shelf Of Up To $150 Million

* KINDRED BIOSCIENCES INC FILES FOR MIXED SHELF OF UP TO $150 MILLION – SEC FILING‍​ Source text - (http://bit.ly/2risHPv) Further company coverage:

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Italy's anti-trust opens probe into Apple, Samsung phone complaints

ROME (Reuters) - Italy's antitrust has opened a probe into allegations that Apple Inc. and Samsung Electronics Co Ltd used software updates deliberately to speed up the ageing process of their products.

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Software AG takes hit on U.S. tax reform

FRANKFURT (Reuters) - Germany's Software AG on Thursday said it would take a hit in the mid-single digit million euros range for 2017 due to U.S. federal tax reforms.

PersonalFinance reuters.com

Ex-Bank of America executive Malik to launch fund advisory firm

NEW YORK (Reuters) - Omeed Malik, a former Bank of America Merrill Lynch executive, is preparing to launch an advisory firm for hedge funds and other so-called alternative investment managers,...

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Eni launches world's biggest industrial supercomputer

MILAN (Reuters) - Italian oil and gas group Eni said on Thursday it had installed new capacity at its supercomputing centre near Milan to create the world's most powerful industrial computer.

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France, Germany to make joint bitcoin regulation proposal at G20 summit

PARIS (Reuters) - France and Germany will make joint proposals to regulate the bitcoin cryptocurrency at the next summit of the G20 group of major economies in Argentina in March, French Finance Minister Bruno Le Maire said on Thursday.

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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.

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Schneider Electric says software bug exploited in watershed hack

TORONTO (Reuters) - Schneider Electric SE disclosed on Thursday that hackers exploited a flaw in its software in a watershed hack discovered last month that halted plant operations at an industrial facility.

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Carl Icahn seeks revision or termination of Xerox-Fujifilm deal

(Reuters) - Xerox Corp investor Carl Icahn on Thursday said he agreed with fellow stakeholder Darwin Deason that a joint venture between Xerox and Fujifilm Holdings should be revised or terminated, and reiterated a change in leadership.

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CANADA STOCKS-TSX flat as energy stocks fall, banks push higher

TORONTO, Jan 18 (Reuters) - Canada's main stock index was little changed in early trade on Thursday, as energy stocks fell and banks rose.

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BRIEF-CNB Bank Shares And Jacksonville Bancorp Announce Agreement To Merge

* CNB BANK SHARES, INC. AND JACKSONVILLE BANCORP, INC. ANNOUNCE AGREEMENT TO MERGE

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Amazon shortlists 20 cities for second headquarters

(Reuters) - Amazon.com Inc has short-listed 20 cities, including one in Canada, to build its second headquarters after reviewing 238 proposals and expects to make a decision this year, it said on Thursday.

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Carl Icahn seeks revision of Xerox-Fujifilm deal

(Reuters) - Xerox Corp investor Carl Icahn on Thursday said he agreed with fellow shareholder Darwin Deason that a joint venture between Xerox and Fujifilm Holdings should be revised or terminated.

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BRIEF-Vermillion Announces Agreement With Bluecross Blueshield Of Illinois

* VERMILLION ANNOUNCES AGREEMENT WITH BLUECROSS BLUESHIELD OF ILLINOIS Source text for Eikon: Further company coverage:

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Swiss task force to look into blockchain oversight

ZURICH (Reuters) - Switzerland has set up a working group to look into oversight of blockchain technology and initial coin offerings (ICOs) and report back to the government by the end of this year.

businessNews reuters.com

Morgan Stanley's wealth management business helps bank top estimates

(Reuters) - Morgan Stanley's quarterly profit dropped almost 60 percent on a provision related to the new U.S. tax law, but adjusted profit beat analyst expectations as strength in wealth management offset a drop in trading revenue.

technologyNews reuters.com

Google, Temasek investing in Indonesia's Go-Jek as ride-hailing rivalry deepens: sources

SINGAPORE (Reuters) - Google, Singapore investor Temasek and China's Meituan-Dianping are investing in Go-Jek as part of a $1.2 billion fundraising round, bolstering the Indonesian ride-hailing firm in its battle with deep-pocketed rivals Grab and Uber, sources said.

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BRIEF-Capitala Group Participates In $29.0 Million Credit Facility

* CAPITALA GROUP PARTICIPATES IN $29.0 MILLION CREDIT FACILITY

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BRIEF-Interdigital Says Expect One-Time Charge Of About $40 Million To $55 Million in Q4 2017 Related To Revaluation Of Deferred Tax Assets & Liabilities

* INTERDIGITAL SAYS EXPECT RECORDING IN Q4 2017 ONE-TIME CHARGE OF ABOUT $40 MILLION TO $55 MILLION RELATED TO REVALUATION OF DEFERRED TAX ASSETS & LIABILITIES Source text: (http://bit.ly/2FQgdSw) Further company coverage:

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BRIEF-M&T Bank Corp Q4 Operating Earnings Per Share $2.04

* ORATION ANNOUNCES 2017 FOURTH QUARTER AND FULL-YEAR RESULTS

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Goldman Sachs, Wells Fargo and others invest $38 million in research tech startup

NEW YORK (Reuters) - Goldman Sachs Group Inc has led a $38 million investment round by large banks in Visible Alpha, a young New York-based company that helps investment managers better value the equity research services they receive from brokers.

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BRIEF-Hydrogenics Receives $7.8 Million Fuel Cell Order In China

* HYDROGENICS CORP - SHIPMENTS ARE EXPECTED TO BE MADE OVER NEXT TWELVE MONTHS Source text for Eikon: Further company coverage:

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Google, Temasek to come in as new investors in Indonesia's Go-Jek: sources

SINGAPORE (Reuters) - Alphabet Inc's Google, Singapore state investor Temasek and Chinese online platform Meituan-Dianping are investing in Indonesian ride-hailing start-up Go-Jek as part of a $1.2 billion fundraising round, sources familiar with the matter said.

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China's JD.com says will invest over $3 billion in "rustbelt" regions: Xinhua

SHANGHAI (Reuters) - Chinese online retailer JD.com will invest more than 20 billion yuan ($3.11 billion) in the country's northeastern "rustbelt" regions over the next three years, the Xinhua news agency reported on Thursday, citing the company.

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Israeli commandos kill Palestinian gunman blamed for West Bank ambush

JENIN, West Bank (Reuters) - Israeli police killed a Palestinian gunman and captured another in a clash in the occupied West Bank on Thursday, saying they were part of a cell responsible for an ambush in which a Jewish settler was shot dead.

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Google, Temasek coming in as new investors in Indonesia's Go-Jek: sources

SINGAPORE (Reuters) - Alphabet Inc's Google , Singapore state investor Temasek Holdings Pte Ltd and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailing start-up Go-Jek, sources familiar with the matter said.

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

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

technologyNews reuters.com

South Korea considers shutting down domestic cryptocurrency exchanges

SEOUL (Reuters) - South Korean policymakers joined the global chorus of virtual-coin critics on Thursday, saying Seoul is considering shutting down domestic virtual currency exchanges as the new breed of market exposes users to speculative frenzy and crime.

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Macau police hunt VIP dealer after $6 million theft from Wynn

HONG KONG (Reuters) - Police in the world's largest gambling hub of Macau are hunting for a dealer suspected of stealing HK$48 million ($6 million) worth of casino chips from Wynn Macau, authorities in the Chinese-controlled territory said on Thursday.

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South Korea considering shutting down all virtual currency exchanges

SEOUL (Reuters) - South Korea's financial regulator chief said the government is considering shutting down all local virtual currency exchanges in a national policy committee meeting on Thursday.

technologyNews reuters.com

South Korea's financial regulator says considering shutting down all virtual currency exchanges

SEOUL (Reuters) - South Korea's financial regulator chief says the government is considering shutting down all local virtual currency exchanges in a national policy committee meeting on Thursday.

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BRIEF-Farmers Capital Bank Reports Q4 Adjusted Net Income Of $0.59 Per Share

* FARMERS CAPITAL BANK CORPORATION ANNOUNCES FOURTH QUARTER EARNINGS

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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.

PersonalFinance reuters.com

Bank of America takes tax hit, vows longer-term boost

(Reuters) - Bank of America Corp's quarterly profit was nearly chopped in half by tax-related charges but the lender's management promised the new U.S. tax system would eventually benefit...

worldNews reuters.com

Palestinian gunman killed in Israeli raid in West Bank

RAMALLAH, West Bank (Reuters) - At least one Palestinian gunman was killed in a raid by Israeli armed forces on the town of Jenin in the occupied West Bank late on Wednesday, Palestinian health officials and local residents said.

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BRIEF-Deutsche Boerse Says ‍Bank Markazi Filed Complaint Against Co's Unit Clearstream​

* ‍BANK MARKAZI FILED COMPLAINT AGAINST DEUTSCHE BÖRSE AG SUBSIDIARY CLEARSTREAM​

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U.S. enterprise telecoms firm Avaya trades again after bankruptcy

(Reuters) - Avaya Holdings Corp shares started trading on Wednesday on the New York Stock Exchange, the first time the enterprise telecommunications provider has been public in more than a decade.

oddlyEnoughNews reuters.com

Psychic paid $3.5 million for exorcisms gets prison for evading U.S. taxes

BOSTON (Reuters) - A self-proclaimed psychic was sentenced on Wednesday to 26 months in prison after admitting that she tried to avoid paying taxes on over $3.5 million that she received from an elderly Massachusetts woman seeking to cleanse herself of demons.

businessNews reuters.com

Fed fines Taiwan's Mega Bank $29 million for anti-money laundering failures

WASHINGTON (Reuters) - The U.S. Federal Reserve Board said on Wednesday it had fined Taiwan's Mega International Commercial Bank Co. $29 million for anti-money laundering violations and required the company to improve its anti-money laundering oversight and controls.

companyNews reuters.com

BRIEF-Canopy Growth Corp Announces $175 Million Bought Deal Financing

* CANOPY GROWTH CORPORATION ANNOUNCES $175 MILLION BOUGHT DEAL FINANCING

cnn.com

Neighbor: We tried to talk to the kids once. They froze.

When Kimberly Milligan moved into her California home in 2015, she was told her grandson might soon have a playmate, since a family of 12 lived across the street.

companyNews reuters.com

CANADA STOCKS-TSX ends up as banks lead rally after rate hike

TORONTO, Jan 17 (Reuters) - Canada's main stock index ended higher on Wednesday, with financial stocks leading a broad but shallow rally as the Bank of Canada hiked rates, offsetting losses among gold miners as the price of the precious metal slipped.

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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.

companyNews reuters.com

BRIEF-Union Bankshares Reports Q4 EPS of $0.43

* UNION BANKSHARES ANNOUNCES FOURTH QUARTER ENDED DECEMBER 31, 2017 EARNINGS AND QUARTERLY DIVIDEND PAYMENT

companyNews reuters.com

UPDATE 4-Bank of America takes tax hit, vows longer-term boost

Jan 17 (Reuters) - Bank of America Corp's quarterly profit was nearly chopped in half by tax-related charges but the lender's management promised the new U.S. tax system would eventually benefit shareholders.

companyNews reuters.com

Top Canadian banks raise prime rates after central bank rate hike

Jan 17 (Reuters) - Major Canadian banks on Wednesday raised their prime lending rates, a benchmark for a wide range of consumer and commercial loans, after the country's central bank raised interest rates for the third time in seven months.

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Under threat: Cyber security startups fall on harder times

SAN FRANCISCO (Reuters) - A wave of cyber attacks by criminals, spies and hacker activists should make these heady days for U.S. cyber security startups.

technologyNews reuters.com

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

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

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BRIEF-BMO Bank Of Montreal Increases CDN$ Prime Lending Rate To 3.45 Per Cent

* BMO BANK OF MONTREAL INCREASES CDN$ PRIME LENDING RATE TO 3.45 PER CENT

businessNews reuters.com

'Just Hit Budget!' bankers at RBS restructuring unit told during crisis: memo

LONDON (Reuters) - Royal Bank of Scotland staff helping small firms to restructure debt during the financial crisis were given a list of ways to squeeze more money from struggling clients and told to "Just Hit Budget!", a memo released on Wednesday showed.

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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.

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UPDATE 1-Barclays to cut up to 100 senior jobs at its investment bank - source

LONDON, Jan 17 (Reuters) - Britain's Barclays is axing up to 100 jobs at its investment bank, a source familiar with the matter said on Wednesday, following another set of disappointing results from the division in the third quarter.

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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.

companyNews reuters.com

RPT-Banks expected to share tiny proportion of mammoth Saudi Aramco IPO

* Bankers jostling for mandates for league table credit, prestige

cnn.com

Aetna customers get $17 million in HIV privacy settlement

After thousands of customers' HIV statuses were revealed in mailings last year, a federal class-action lawsuit against health care company Aetna has reached a $17 million settlement.

companyNews reuters.com

BRIEF-Sherritt Announces Pricing Of $115 Million Unit Offering

* SHERRITT INTERNATIONAL CORP - ‍PRICING AND INCREASE IN SIZE OF ITS PREVIOUSLY ANNOUNCED UNIT OFFERING OF $100 MILLION TO $115 MILLION​

Ansari, Aziz nytimes.com

Contributing Op-Ed Writer: Aziz, We Tried to Warn You

It may seem like rules around sex have changed overnight, but feminists have been talking about this for a long time.

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

Banks expected to share tiny proportion of mammoth Saudi Aramco IPO

LONDON (Reuters) - The banks that will advise and execute Saudi Aramco's stock market listing are expected to share a tiny proportion of the $100 billion Riyadh hopes to raise in its initial public offering, according to banking sources and industry insiders.

politicsNews reuters.com

U.S. banking official critiques Senate bill aimed at easing bank rules

WASHINGTON (Reuters) - A top official at a leading U.S. bank regulator is airing concerns about a Senate bill that would ease banking rules, saying parts of it could "significantly weaken" critical protections.

businessNews reuters.com

Tech, industrials lead Wall Street higher, banks drop

(Reuters) - Wall Street's main indexes rose on Wednesday, led by gains in technology and industrial stocks, but losses in Goldman Sachs and Bank of America dragged down bank shares.

companyNews reuters.com

US STOCKS-Tech, industrials lead Wall Street higher, banks drop

* Indexes up: Dow 0.44 pct, S&P 0.31 pct, Nasdaq 0.34 pct (Changes comment, updates prices, adds details)

companyNews reuters.com

BRIEF-OSI Systems Receives $21 Million Order For Rtt Hold Baggage Screening Systems

* OSI SYSTEMS RECEIVES $21 MILLION ORDER FOR RTT® HOLD BAGGAGE SCREENING SYSTEMS

technologyNews reuters.com

Citi sees bitcoin potentially halving in value again

NEW YORK (Reuters) - Bitcoin may lose 50 percent of its value from its current level as fears over regulatory clamp-downs have spurred a rout among cryptocurrencies this week, Citi analysts said on Wednesday.

businessNews reuters.com

Tech stocks lead Wall Street higher; banks drop

(Reuters) - Wall Street's main indexes were lifted by modest gains in technology stocks on Wednesday, led by Microsoft, IBM and Intel.

businessNews reuters.com

Bank of America net profit slumps on $2.9 billion tax charge, adjusted income beats

(Reuters) - Bank of America Corp's net profit nearly halved compared with a year earlier as it booked a $2.9 billion charge stemming from the new federal tax law although it beat analysts' estimates when adjusted for the charge.

technologyNews reuters.com

IBM shares rise after Barclays double upgrade

(Reuters) - Shares in International Business Machines rose nearly 2 percent on Wednesday, helped by a double-notch upgrade for the company from Barclays ahead of fourth-quarter results on Thursday.

businessNews reuters.com

Goldman Sachs beats estimates as investment banking revenue soars

(Reuters) - Goldman Sachs Inc on Wednesday reported a quarterly profit that trumped analysts' estimates, as strength in its investment banking business helped cushion the blow from a slump in trading.

cnn.com

You can't get $1 from banks in Venezuela

businessNews reuters.com

Futures higher as investors weigh bank earnings

(Reuters) - U.S. stock futures pointed to a higher open for Wall Street on Wednesday as investors assessed earnings of Bank of America and U.S. Bancorp.

companyNews reuters.com

US STOCKS-Futures higher as investors weigh bank earnings

Jan 17 (Reuters) - U.S. stock futures pointed to a higher open for Wall Street on Wednesday as investors assessed earnings of Bank of America and U.S. Bancorp.

companyNews reuters.com

UPDATE 1-Slovenian banks reduce bad loans to 4.4 pct of total loans

LJUBLJANA, Jan 17 (Reuters) - Slovenian banks reduced loans on which repayment was delayed by 90 days or more to 1.5 billion euros ($1.83 billion) in November, representing 4.4 percent of all loans, down from 4.6 percent the previous month, the central bank said on Wednesday.

businessNews reuters.com

Bank of America profit slumps on $2.9 billion tax charge

(Reuters) - Bank of America Corp's fourth-quarter profit nearly halved as it booked a $2.9 billion charge stemming from the new federal tax law.

companyNews reuters.com

BRIEF-Fortuna Reports 2017 Production Of 11.9 Million Silver Equivalent Ounces And Issues Guidance For 2018

* FORTUNA REPORTS 2017 PRODUCTION OF 11.9 MILLION SILVER EQUIVALENT OUNCES AND ISSUES GUIDANCE FOR 2018

companyNews reuters.com

BRIEF-Orbotech Says Sees Q4 Revenue About $256 Million

* ORBOTECH ANNOUNCES PRELIMINARY FOURTH QUARTER AND FISCAL YEAR 2017 RESULTS; UPDATES 2018 GUIDANCE WITH SPECIFIC REVENUE OUTLOOK FOR THE FIRST HALF OF 2018

technologyNews reuters.com

Philippine lawmakers worry China Telecom may be a 'Trojan horse'

MANILA (Reuters) - Opposition members of the Philippine Congress raised concern on Wednesday that China Telecom Corp Ltd, which may enter the Philippine industry, could be a "Trojan horse" aimed at giving China access to state secrets.

cnn.com

From $7,500 loan to $375 million business

technologyNews reuters.com

Standard Chartered creates fintech investment unit

LONDON (Reuters) - Standard Chartered said on Wednesday it had established a business unit to invest in financial technology and promote innovation.

companyNews reuters.com

BRIEF-SA's Competition Tribunal says Bank Forex Hearing Delayed

* BANK FOREX HEARING DELAYED AFTER COMMISSION NOTIFIED ITS INTENTION TO JOIN NEW APPLICANTS‍​

businessNews reuters.com

Japan central bank to keep policy on hold, offer upbeat inflation view

TOKYO (Reuters) - Japan's central bank is set to maintain upbeat price forecasts next week and paint a slightly better picture of the economy than it did three months ago, signaling its conviction the country is making slow but steady progress in eradicating deflation.

technologyNews reuters.com

YouTube again revises rules to protect advertisers from offensive content

SAN FRANCISCO (Reuters) - Alphabet Inc's Google is making its second attempt in less than a year to protect advertisers on its YouTube user channels from being associated with videos featuring violence, gore or bad language.

technologyNews reuters.com

Senate advances bill to renew NSA's internet surveillance program

WASHINGTON (Reuters) - The U.S. Senate on Tuesday advanced a bill to renew the National Security Agency's warrantless internet surveillance program, as a final push by privacy advocates to derail the measure came up short.

domesticNews reuters.com

'Chelsea bomber' tried to radicalize fellow inmates, U.S. prosecutors say

NEW YORK (Reuters) - The New Jersey man found guilty last year of planting two homemade bombs in Manhattan's Chelsea neighborhood, one of which wounded 30 people, has tried to radicalize fellow inmates with Islamic State and al Qaeda propaganda, U.S. prosecutors said on Tuesday.

topNews reuters.com

U.S. withholds $65 million in Palestinian aid after Trump threat

WASHINGTON (Reuters) - The United States will give a U.N. agency $60 million in aid for Palestinians refugees but withhold a further $65 million for now, the State Department said on Tuesday, as the Trump administration carried out a threat it made two weeks ago to cut funding.

technologyNews reuters.com

Chinese carmaker Chery to use Nvidia's self-driving technology

(Reuters) - Nvidia Corp said on Tuesday China's Chery Automobile Co [CHERY.UL] would use its self-driving technology that it has developed with Baidu and ZF Friedrichshafen AG [ZFF.UL].

companyNews reuters.com

UPDATE 1-Brazil central bank calls for Caixa VPs to step down -source

BRASILIA, Jan 16 (Reuters) - The Brazilian central bank has called for all vice presidents of state lender Caixa Econômica Federal to step down following the investigation of alleged corruption at Caixa, a person with knowledge of the matter told Reuters on Tuesday.

companyNews reuters.com

BRIEF-One Stop Systems Inc Sees IPO Of 2.9 Million Shares Priced Between $6-$8/Shr

* ONE STOP SYSTEMS INC SEES IPO OF ABOUT 2.9 MILLION SHARES OF ITS COMMON STOCK PRICED BETWEEN $6.00 AND $8.00 PER SHARE - SEC FILING Source text: (http://bit.ly/2mKLbDx)

topNews reuters.com

U.S. to provide $60 million in Palestinian aid, withhold $65 million

WASHINGTON (Reuters) - The United States will give a U.N. agency $60 million in aid for Palestinians but will withhold a further $65 million "for future consideration," a U.S. official said on Tuesday.

technologyNews reuters.com

Bitcoin, other cryptocurrencies tumble on government crackdown worries

LONDON/NEW YORK (Reuters) - Bitcoin slid as much as 18 percent on Tuesday to a four-week low, as worries about a regulatory crackdown on the market spread after reports suggested it was still possible that South Korea could ban trading in cryptocurrencies.

technologyNews reuters.com

U.S. warns investors over Venezuela's 'petro' cryptocurrency

WASHINGTON (Reuters) - The U.S. Treasury has warned U.S. investors to approach Venezuela's proposed "petro" cryptocurrency with caution, saying that it may contravene U.S. sanctions against the government of Venezuelan President Nicolas Maduro.

worldNews reuters.com

World Bank urges Russia to spend more on healthcare, education

MOSCOW (Reuters) - Russia's new government after its March presidential election should invest more in education and healthcare to help spur economic growth, the World Bank's chief executive officer said on Tuesday.

technologyNews reuters.com

Bitcoin, other cryptocurrencies tumble on govt crackdown worries

LONDON/NEW YORK (Reuters) - Bitcoin slid as much as 18 percent on Tuesday to a four-week low, as worries about a regulatory crackdown on the market spread after reports suggested it was still possible that South Korea could ban trading in cryptocurrencies.

Tax Cuts and Jobs Act (2017) nytimes.com

Banks are Big Winners from Tax Cut

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

companyNews reuters.com

BRIEF-Cray Sees Fy 2017 Revenue About $390 Million

* CRAY- ESTIMATES IMPACT OF TAX CUTS AND JOBS ACT WILL RESULT IN REDUCTION TO CO'S GAAP EARNINGS FOR Q4, YEAR ENDED DEC 31, 2017 IN RANGE OF $30-35 MILLION Source text for Eikon: Further company coverage:

technologyNews reuters.com

Uber to introduce mandatory rest breaks for UK drivers

LONDON (Reuters) - Uber [UBER.UL] said on Tuesday its British drivers will have to take a six-hour break after they have accepted and made trips with passengers totaling 10 hours as the taxi app responds to criticism over excessive working hours.

technologyNews reuters.com

Google to expand cloud infrastructure with new regions, submarine cables

(Reuters) - Alphabet Inc's Google said on Tuesday it would add five regions and build three new submarine cables as it expands its infrastructure for cloud customers.

technologyNews reuters.com

Qatar central bank to consider topic of virtual currencies: governor

DOHA (Reuters) - Qatar's central bank will consider the topic of virtual currencies and there may be an opportunity in the future to introduce them in Qatar, central bank governor Sheikh Abdullah bin Saud al-Thani said on Tuesday.

technologyNews reuters.com

Qatar central bank chief: will consider issue of virtual currencies

DOHA (Reuters) - Qatar's central bank will consider the issue of virtual currencies and there may be opportunity in future to introduce them in Qatar, central bank governor Sheikh Abdullah bin Saud al-Thani said on Tuesday.

businessNews reuters.com

Exclusive: Saudi Aramco snubs UBS and Bank of America for listing roles - sources

LONDON (Reuters) - Saudi Aramco has not invited UBS and Bank of America Merrill Lynch to pitch for senior advisory roles in its stock market listing because they have not lent money to the state oil giant in recent years, according to five finance sources.

cnn.com

Millions more Americans were uninsured in 2017

worldNews reuters.com

Canadian suspect in Singapore bank robbery faces UK court on extradition

SINGAPORE/LONDON (Reuters) - A Canadian man suspected of a rare bank robbery in Singapore in 2016 faces a court appearance in Britain on Thursday after he was detained on a extradition request from Singapore.

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

Google says "no changes" to mapping platform in China after report

BEIJING (Reuters) - Alphabet Inc's Google said on Tuesday it has made "no changes" to its mapping platform in China, denying an earlier media report that claimed it was re-launching the function in China, where many of its services are blocked.

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.

Banking and Financial Institutions nytimes.com

Democrats Add Momentum to G.O.P. Push to Loosen Banking Rules

The Senate is poised to approve significant changes to the post-crisis financial law. Some moderate Democrats are supporting the effort, even as their progressive colleagues warn that it’s too risky.

technologyNews reuters.com

BlackBerry launches cybersecurity software for self-driving cars

(Reuters) - Canadian software maker BlackBerry Ltd on Monday launched a new cybersecurity software, which identifies vulnerabilities in programs used in self-driving cars.

companyNews reuters.com

UPDATE 2-HSH Nordbank suitors J.C. Flowers and Cerberus to begin exclusive talks

* Bid topped 700 mln euros -source (Adds detail on consortium)

cnn.com

Scientists identify what may have killed millions in mystery epidemic

In the 16th century, an epidemic known as "cocoliztli" that caused bleeding and vomiting swept through large areas of Guatemala, Mexico and even reached Peru. It wiped out 80% of the population, killing millions of people.

businessNews reuters.com

Lawsuit in U.S. accuses nine banks of rigging Canadian rate benchmark

NEW YORK/TORONTO (Reuters) - Nine large banks, including six from Canada, have been accused in a lawsuit of conspiring to rig a Canadian rate benchmark to improve profits from derivatives trading.

businessNews reuters.com

Bidder for the Weinstein Company says bankruptcy may be best option

(Reuters) - Killer Content Inc, the movie producer that has partnered with philanthropist Abigail Disney in a consortium vying to acquire the Weinstein Company, said on Monday that a bankruptcy may be the best way forward for the U.S. film and TV studio.

technologyNews reuters.com

Google to relaunch map service in China: Nikkei

(Reuters) - Alphabet Inc's Google will relaunch its map service in China after an eight-year absence, Nikkei reported on Monday.

companyNews reuters.com

Brazilian digital bank Inter hires banks for IPO -source

SAO PAULO, Jan 15 (Reuters) - Brazilian digital bank Intermedium SA has hired banks for an initial public offering that should take place in the second quarter of the year, one source with knowledge of the matter said on Monday.

companyNews reuters.com

UPDATE 6-Britain's Carillion collapses after banks pull the plug

* Carillion won state contracts since July profit warning (Adds industry reaction, detail)

companyNews reuters.com

UPDATE 1-HSH Nordbank suitors J.C. Flowers and Cerberus to begin exclusive talks

* Bid topped 700 mln euros -source (Adds detail on bid, rivals)

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

Britain's Carillion collapses after banks pull the plug

LONDON (Reuters) - Carillion collapsed on Monday when its banks pulled the plug, triggering Britain's biggest corporate failure in a decade and forcing the government to step in to guarantee public services from school meals to road works.

companyNews reuters.com

UPDATE 5-Britain's Carillion collapses after banks pull the plug

* Carillion won state contracts since July profit warning (Adds background)

technologyNews reuters.com

Any rule on Bitcoin must be global, Germany's central bank says

FRANKFURT (Reuters) - Any attempt to regulate cryptocurrencies such as Bitcoin must be on a global scale as national or regional rules would be hard to enforce on a virtual, borderless community, a director at Germany's central bank said on Monday.

companyNews reuters.com

J.C. Flowers, Cerberus enter exclusive talks over HSH Nordbank buy-sources

BERLIN/FRANKFURT, Jan 15 (Reuters) - The state owners of Germany's HSH Nordbank on Monday granted prospective buyers J.C. Flowers and Cerberus exclusivity as long-running attempts to privatise the ailing bank near conclusion, two people close to the matter said.

technologyNews reuters.com

Samsung aims to double Africa's share of its revenues in five years

NAIROBI (Reuters) - South Korea's Samsung Electronics plans to double the annual revenue contribution from its African markets to 20 percent of the firm's global total in the next five years, the head of its business on the continent said on Monday.

technologyNews reuters.com

China to block cryptocurrency platforms that allow centralized trading: Bloomberg

BEIJING (Reuters) - Chinese authorities plan to block domestic access to Chinese and offshore cryptocurrency platforms that allow centralized trading, Bloomberg reported Monday citing sources.

technologyNews reuters.com

Xiaomi taps CLSA, Morgan Stanley, Goldman for IPO sponsor role: sources

HONG KONG (Reuters) - Xiaomi has tapped CLSA, Goldman Sachs and Morgan Stanley as joint sponsors for its proposed IPO, people with direct knowledge of the matter said, in what could potentially value the Chinese smartphone maker at up to $100 billion.

companyNews reuters.com

JP Morgan hires Papadopoulos to head Greece investment banking

LONDON, Jan 15 (IFR) - JP Morgan has hired the former head of Greece's debt management agency, Stelios Papadopoulos, to head its investment banking business in Greece, according to an internal memo seen by IFR.

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.

technologyNews reuters.com

Auto1 says no need for IPO after Softbank invests

BERLIN (Reuters) - German used-car dealing platform Auto1 said a 460 million euro ($561 million) financial infusion from Japan's Softbank meant it was under no pressure to launch an initial public offering to fund its pan-European growth plans.

companyNews reuters.com

UPDATE 1-Auto1 says no need for IPO after Softbank invests

* Auto1 operates in 30 countries, with 35,000 dealers (Updates with interview with co-founder, background)

companyNews reuters.com

UPDATE 2-Britain's Carillion collapses as banks refuse to lend it any more money

* PM May's government under pressure over fate of Carillion (Adds details)

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

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.

companyNews reuters.com

Nikkei rises but weaker dollar caps gains, SoftBank climbs

TOKYO, Jan 15 (Reuters) - Japan's Nikkei share average tracked a rise in global equities and advanced on Monday, although the dollar's weakening against the yen capped gains.

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

Singapore central bank head hopes cryptocurrency tech will survive 'crash'

SINGAPORE (Reuters) - The head of Singapore's central bank said on Monday he hoped the technologies underpinning cryptocurrencies such as blockchain would not be undermined by an eventual crash in the digital money.

technologyNews reuters.com

End of a chip boom? Memory chip price drop spooks investors

SEOUL (Reuters) - After a blistering year-and-a-half long surge, a sudden drop in some memory prices, followed by Samsung Electronics Co's disappointing profit estimate, is causing jitters among investors who had bet the chip boom would last at least another year.

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.

technologyNews reuters.com

South Korea says planned ban on cryptocurrency market not yet finalized

SEOUL (Reuters) - South Korea said on Monday that its plans to ban virtual coin exchanges had not yet been finalized as government agencies were still in talks to decide how to regulate the market.

technologyNews reuters.com

Jaguar Land Rover to open R&D center for automated tech in Ireland

LONDON (Reuters) - Britain's biggest carmaker Jaguar Land Rover said on Monday it would open a software engineering center in Ireland, creating 150 jobs to work on advanced automated driving and electrification technologies.

businessNews reuters.com

Softbank plans $18 billion IPO of mobile phone unit this year: Nikkei

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

technologyNews reuters.com

Softbank plans $18 billion IPO of mobile phone unit as soon as spring: Nikkei

TOKYO (Reuters) - SoftBank Group Corp plans to list its core mobile-phone unit in Tokyo and overseas as early as this spring, raising some 2 trillion yen ($18 billion) in one of Japan's biggest initial public offerings, the Nikkei newspaper said on Monday.

technologyNews reuters.com

French telcos to spend $3.7 billion to plug network gaps

PARIS (Reuters) - France's mobile telephone operators will spend more than 3 billion euros ($3.7 billion) rolling out a 4G network to ensure there are no coverage gaps by 2020, a government minister said.

businessNews reuters.com

VW brand car sales hit 6.23 million record in 2017

DETROIT (Reuters) - Volkswagen's core autos division increased vehicle sales to a new record last year, as rising demand for VW brand models in the Americas and the key Chinese market offset a decline in western Europe.

technologyNews reuters.com

Softbank invests 460 million euros in Germany's Auto1: sources

BERLIN (Reuters) - Japan's Softbank will invest 460 million euros ($561 million) in used-car dealing platform Auto1, marking the first investment in Germany by its Vision Fund, according to sources familiar with the matter.

technologyNews reuters.com

U.S. transport chief to unveil revised self-driving car guidelines

DETROIT (Reuters) - The Trump administration plans to unveil revised self-driving car guidelines this summer as the government works to rewrite regulations that pose legal barriers to robot vehicles, U.S. Transportation Secretary Elaine Chao said on Sunday.

technologyNews reuters.com

Saudi Electricity signs deal with Japanese firms for first EV pilot

KHOBAR, Saudi Arabia (Reuters) - State-controlled Saudi Electricity Co (SEC) has signed a deal with Japanese Tokyo Electric Power Co (TEPCO), Nissan Motor Co and Takaoka Toko for the first electric vehicle (EV) pilot project in the world's largest oil exporter, it said on Sunday.

businessNews reuters.com

Airbus in talks on 70-80 million euro deal to end German probe: paper

FRANKFURT (Reuters) - Airbus is in talks with German prosecutors to end an investigation into the sale of Eurofighter jets to Austria in exchange for a settlement of between 70 million and 80 million euros ($85 million to $98 million), a German newspaper reported.