Business News

Morning News Call - India, September 26

Reuters Company News - Tue, 09/25/2018 - 23:09
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_09262018.pdf If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/ FACTORS TO WATCH No major events scheduled for the day. LIVECHAT - EQUITIES WATCH Join our Reuters correspondents in London and New York for a discussion on the stock markets and company earnings at 06:30 p
Categories: Business News

Nike Buzz Created Tough Expectations

WSJ Company News feed - Tue, 09/25/2018 - 23:05
Kaepernick ads sent the stock to a record, but solid earnings failed to further excite investors.
Categories: Business News

Nikkei snaps 7-day winning streak as host of stocks go ex-dividend

Reuters Company News - Tue, 09/25/2018 - 22:48
* About 155 points are cut by ex-dividend adjustment - market
Categories: Business News

METALS-London copper slips for 3rd day as Fed rate hike looms

Reuters Company News - Tue, 09/25/2018 - 22:15
London copper fell for a third session in a row on Wednesday ahead of a widely expected U.S. interest rate hike and persistent worries over an escalating U.S.-China trade war.
Categories: Business News

Union says meeting with Alcoa again over strike at Australian aluminium project

Reuters Company News - Tue, 09/25/2018 - 22:10
The union at Alcoa's aluminium operations in the state of Western Australia said it was meeting with the company again on Wednesday to try to resolve a strike that has lasted more than six weeks, after the firm last week revised an earlier offer.
Categories: Business News

CORRECTED-UPDATE 1-CBS names Richard Parsons interim chairman of board

Reuters Company News - Tue, 09/25/2018 - 22:03
CBS Corp on Tuesday named Richard Parsons, a former Time Warner Inc chief executive, as interim chairman of its board as the company renews its push to merge with Viacom Inc.
Categories: Business News

METALS-London copper slips 3rd day as Fed rate hike looms

Reuters Company News - Tue, 09/25/2018 - 21:45
London copper dropped for a third session in a row on Wednesday ahead of a widely expected U.S. interest rate hike and persistent worries over an escalating U.S.-China trade war.
Categories: Business News

Delta lifts U.S. groundstop after restoring computer systems

Reuters Biz News - Tue, 09/25/2018 - 21:42
Delta Air Lines Inc said it has restored all its systems after a technology issue grounded some flights that had not yet taken off, briefly disrupting travel for its passengers across the country.
Categories: Business News

UPDATE 1-Delta lifts U.S. groundstop after restoring computer systems

Reuters Company News - Tue, 09/25/2018 - 21:41
Delta Air Lines Inc said it has restored all its systems after a technology issue grounded some flights that had not yet taken off, briefly disrupting travel for its passengers across the country.
Categories: Business News

Oil prices drop, Brent moves further away from four-year high

Reuters Biz News - Tue, 09/25/2018 - 21:23
Brent oil edged further away from a four-year high on Wednesday and U.S. crude fell, after the U.S. said it would ensure crude markets are well supplied before sanctions are re-imposed on Iran and as President Donald Trump criticized high prices.
Categories: Business News

PRECIOUS-Gold inches down as dollar firms; Fed in focus

Reuters Company News - Tue, 09/25/2018 - 21:17
Gold prices nudged down early Wednesday on a firmer dollar, as investors waited for details of the U.S. Federal Reserve's two-day meeting that should give clues whether policymakers will raise interest rates for the third time this year.
Categories: Business News

Asian shares hover below three-week high as Fed rate hike looms

Reuters Biz News - Tue, 09/25/2018 - 21:13
Asian shares barely budged on Wednesday, lacking traction as U.S. bond yields edged near a seven-year peak ahead of a widely expected rate hike by the Federal Reserve and as international oil prices rose to four-year highs.
Categories: Business News

Talos to drill two wells to determine if find reaches Pemex block

Reuters Company News - Tue, 09/25/2018 - 21:09
Talos Energy will drill two additional wells aimed at determining the size of an oil discovery in the Gulf of Mexico that could extend into a neighboring block held by Mexican state oil firm Pemex, oil regulator CNH said on Tuesday.
Categories: Business News

GLOBAL MARKETS-Asian shares hover below 3-week high as Fed rate hike looms

Reuters Company News - Tue, 09/25/2018 - 21:04
* Rate hike fully expected, with another one in Dec seen likely
Categories: Business News

Delta Air Lines grounds U.S. planes to address technical issue

Reuters Company News - Tue, 09/25/2018 - 21:02
Delta Air Lines Inc said it grounded U.S. flights that had not yet taken off to address a technology issue impacting some of its systems.
Categories: Business News

U.S. says Canada not making concessions needed for NAFTA deal

Reuters Biz News - Tue, 09/25/2018 - 21:00
Canada is not making concessions needed to reach a deal with the United States for a trilateral NAFTA pact and is running out of time before Washington proceeds with a Mexico-only agreement, a top U.S. official said on Tuesday.
Categories: Business News

PRESS DIGEST- Financial Times - Sept 26

Reuters Company News - Tue, 09/25/2018 - 20:44
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Categories: Business News

UPDATE 2-Community Health unit to pay $260 mln to resolve U.S. fraud probe

Reuters Company News - Tue, 09/25/2018 - 20:34
A hospital operator now owned by Community Health Systems Inc will pay more than $260 million to resolve claims it defrauded government healthcare programs and paid doctors kickbacks for patient referrals, the U.S. Justice Department said on Tuesday.
Categories: Business News

CBS names Richard Parsons interim chairman of board

Reuters Company News - Tue, 09/25/2018 - 19:53
CBS Corp on Tuesday named Richard Parsons as interim chairman of its board of directors, following the resignation of Leslie Moonves earlier this month amid a new wave of allegations of sexual assault and harassment.
Categories: Business News

Nike profit tops targets but margins disappoint some

Reuters Biz News - Tue, 09/25/2018 - 19:29
Nike Inc topped first-quarter profit on Tuesday, but a small rise in gross margins and no change in its 2019 forecast despite the launch of a successful ad campaign was not enough for some investors, sending shares down 4 percent after hours.
Categories: Business News

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