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Updated: 34 min 57 sec ago

Listen to companies with respect on Brexit - British minister

1 hour 1 min ago
LONDON, June 25 (Reuters) - Any company and industry that brings jobs to Britain is entitled to be listened to, business minister Greg Clark said on Monday after aircraft manufacturer Airbus was criticised for warning the government over Brexit.
Categories: Business News

Massachusetts regulator accuses Metlife of fraud over unpaid pensions

1 hour 2 min ago
BOSTON, June 25 (Reuters) - Massachusetts' securities regulator on Monday accused MetLife Inc of making false statements relating to its failure to pay pensions to hundreds of retirees in the state that it improperly treated as "presumed dead."
Categories: Business News

CORRECTED-UPDATE 2-Harley-Davidson to move some production out of US to avoid EU tariffs

1 hour 4 min ago
June 25 (Reuters) - Harley-Davidson Inc said on Monday it would move production of motorcycles shipped to the European Union from the United States to its international facilities and forecast the trading bloc's retaliatory tariffs would cost the company $90 million to $100 million a year.
Categories: Business News

UPDATE 2-Austria's Andritz buys U.S. firm Xerium for $833 mln in cash

1 hour 9 min ago
* Andritz shares gain 5.7 percent, Xerium shares double (Adds Andritz CEO, Xerium shares, detail, background)
Categories: Business News

MOVES-Macquarie names heads for its Infrastructure Debt Investment Solutions business

1 hour 10 min ago
June 25 (Reuters) - Macquarie Group on Monday named Kit Hamilton and Tim Humphrey co-heads of Macquarie Infrastructure Debt Investment Solutions (MIDIS).
Categories: Business News

REFILE-UPDATE 2-ProSieben, Discovery to build German TV streaming platform

1 hour 12 min ago
MUNICH/FRANKFURT, June 25 (Reuters) - ProSiebenSat.1 Media and Discovery Inc plan to join forces to build a German TV streaming platform to challenge U.S. giants Netflix, Amazon Prime and YouTube.
Categories: Business News

Dementia venture fund raises $350 mln to hunt new drugs

1 hour 13 min ago
LONDON, June 25 (Reuters) - A venture capital fund dedicated to finding new ways to prevent and treat dementia has raised $350 million, far exceeding the initial target of $200 million set on its launch in 2015.
Categories: Business News

UPDATE 1-U.S. Supreme Court backs American Express in merchant fee dispute

1 hour 17 min ago
WASHINGTON, June 25 (Reuters) - The U.S. Supreme Court on Monday sided with American Express Co, ruling that the company's policy of forbidding merchants from encouraging customers to use rival credit cards with lower fees does not violate federal antitrust law.
Categories: Business News

France's Eutelsat says considering offer for Inmarsat

1 hour 19 min ago
LONDON, June 25 (Reuters) - French satellite group Eutelsat Communications confirmed on Monday it was considering making an offer for its British rival Inmarsat, confirming media reports.
Categories: Business News

U.S. court order stops some work on Mountain Valley natgas pipeline in W. Virginia

1 hour 24 min ago
June 25 (Reuters) - EQT Midstream Partners will stop construction in West Virginia of parts of its $3.5 billion Mountain Valley natural gas pipeline, after a U.S. federal appeals court issued a stay order last week against a permit, a U.S. regulator and the company said.
Categories: Business News

Venezuela's creditors aim to avoid infighting in call to unity

3 hours 50 min ago
NEW YORK, June 25 (Reuters) - A group of institutional investors holding roughly 13 percent of Venezuela's foreign debt said on Monday it will not back any restructuring plan that does not imply equal treatment for all creditors.
Categories: Business News

RPT-BUZZ-U.S. stocks weekly: Tariff tantrum

3 hours 53 min ago
** S&P 500 falls for first time in five weeks, finishes down ~1 pct as U.S.-China trade tensions escalate
Categories: Business News

UPDATE 1-Merrimack to scrap development of pancreatic cancer treatment

3 hours 54 min ago
June 25 (Reuters) - Merrimack Pharmaceuticals Inc said on Monday it would stop developing its experimental treatment for pancreatic cancer after it failed to meet the main and secondary goals in a mid-stage trial.
Categories: Business News

UPDATE 1-Gray Television to buy Raycom Media in $3.65 bln deal

3 hours 55 min ago
June 25 (Reuters) - Broadcasting company Gray Television Inc on Monday said it will acquire privately held Raycom Media Inc in a cash-and-stock deal valued at $3.65 billion.
Categories: Business News

Brazil's Petrobras says deal approved to settle U.S. class action-filing

3 hours 55 min ago
SAO PAULO, June 25 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA said it obtained approval for a deal to a settle class action in the United States, according to a securities filing on Monday.
Categories: Business News

Xerox says to lower dependency on Fujifilm, seek new vendors

4 hours 1 min ago
June 25 (Reuters) - Xerox Corp said on Monday it would start sourcing products from new vendors to lower its dependency on Fujifilm Holdings Corp and may not renew its technology agreement with Fuji Xerox.
Categories: Business News

GLOBAL MARKETS-Stocks sink on trade fears, oil falls

4 hours 5 min ago
* Asian shares ease, U.S. stock futures down over half a percent
Categories: Business News

REFILE-Gray Television to buy Raycom Media in $3.6 bln deal

4 hours 13 min ago
June 25 (Reuters) - Gray Television Inc on Monday said it will acquire Raycom Media Inc, an employee-owned company, in a $3.6 billion cash-and-stock deal.
Categories: Business News

US STOCKS-Futures drop as trade tensions escalate

4 hours 13 min ago
June 25 (Reuters) - U.S. stock index futures fell on Monday as growing trade tensions between the United States and China kept investors on edge, with the latest threat involving a check on Chinese investments in U.S. technology firms.
Categories: Business News

Ex-divs to take 6.18 points off FTSE 100 on June 28

4 hours 16 min ago
LONDON, June 25 (Reuters) - The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-makers would take 6.18 points off the index. COMPANY (RIC) DIVIDEND STOCK OPTION IMPACT (pence) British Ame
Categories: Business News