News Archive - 20 October 2015

>BRUSSELS EU antitrust regulators have no objections to FedEx's 4.4 billion euro ($5 billion) acquisition of Dutch peer TNT Express, the companies said on Tuesday, confirming what two people familiar with the matter previously told Reuters.With a European market share of 17 percent, the combined company would be...

>AmSurg Corp (AMSG.O) proposed a $5.3 billion merger with TeamHealth Holdings Inc (TMH.N) as it looks to add heft to its business that provides doctors to hospitals and other healthcare services.AmSurg, which revealed on Tuesday that private merger talks with TeamHealth fell through in September, said...

>Ferrari NV (RACE.N) priced its initial public offering at the top of expectations on Tuesday, raising $893 million, as drivers enamored with the luxury sports car maker snapped up its shares alongside institutional investors, defying a choppy market.Ferrari, controlled by Fiat Chrysler Automobiles NV (FCA) (FCHA.MI), pulled...

>By Alana Wise(Reuters) - Democratic presidential candidate Jim Webb is considering an independent bid for the White House, and will hold a news conference about his candidacy on Tuesday, his campaign said on Monday.Webb, a former U.S. senator from Virginia, has lagged behind front-runner Hillary Clinton and her...

>WASHINGTON U.S. Vice President Joe Biden said on Tuesday he advised President Barack Obama in May 2011 to go ahead with the raid that killed al Qaeda leader Osama bin Laden, contradicting his past comments about the discussions leading up to the operation."As we walked out of the...

>WASHINGTON A reluctant U.S. Representative Paul Ryan on Tuesday laid out a series of conditions under which he would seek to become speaker of the House of Representatives, saying he will only serve if fractious Republicans unite behind him to replace retiring Speaker John Boehner.Following a week of...

>Speaking on Tuesday at a tech conference hosted by the Wall Street Journal in Laguna Beach, Calif., Kalanick said Uber's market share in China has climbed since the start of 2015 and now stands at about 30 percent to 35 percent. He said Uber, reported in July to be...

>Verizon Communications Inc reported better-than-expected quarterly revenue and profit as heavy promotions helped the company attract postpaid subscribers amid the launch of Apple Inc's new iPhones.The largest U.S. wireless service provider has been facing stiff competition from companies such as T-Mobile US Inc and Sprint Corp, who have...

>NEW YORK Apple Inc (AAPL.O) told a U.S. judge that accessing data stored on a locked iPhone would be "impossible" with devices using its latest operating system, but the company has the "technical ability" to help law enforcement unlock older phones.Apple's position was laid out in a...

>MONTREAL/OTTAWA Canada's Prime Minister-designate Justin Trudeau, who came from behind to trounce his Conservative rivals and snatch a majority mandate, now has to deliver on pledges from tackling climate change to legalizing marijuana.Trudeau, who had also promised to withdraw Canada from combat in the coalition fight against Islamic State,...

>The attack on Monday evening marked the third time Russian war planes have targeted the First Coastal Division group since Moscow began its air strikes in support of President Bashar al-Assad on Sept. 30, the group's spokesman Fadi Ahmad said.He said a further 15 civilians had been killed in...

>LJUBLJANA The Slovenian parliament passed legislation early on Wednesday that will give the army more power to help police guarding the state border as thousands of migrants flood into the country from Croatia after Hungary sealed off its border.The new legislation will enable the soldiers to control the border...

>DUBAI The International Monetary Fund may provide a large loan to Iraq in 2016 to help stabilize the country's finances as it grapples with low oil prices and the Islamic State insurgency, a senior IMF official said.An IMF team will discuss with Iraqi officials early next month how to...

>SINGAPORE Oil prices fell on Wednesday after data from an industry group showed a larger-than-expected build in U.S. crude inventories last week, fanning worries over global oversupply, even as a slightly weaker dollar provided some support.Brent crude for December delivery had fallen 14 cents to $48.57 a...

>TOKYO The euro firmed against the dollar and yen on Wednesday after solid euro zone data tempered prospects of the European Central Bank implementing additional stimulus before year-end.The euro was about 0.2 percent to $1.1362 EUR=, adding to Tuesday's modest gains, after it had struck a 10-day...

>Yahoo Inc (YHOO.O) said on Tuesday it had signed a search advertising deal with Google Inc, providing a potential boost to Marissa Mayer's efforts to turn around the company, which also reported revenue and profit that fell short of market estimates.The deal with Google, a unit of Alphabet...

>TOKYO Japan's annual export growth slowed to a crawl in September as slumping sales in China shrank the volume of shipments, raising fears that weak overseas demand may have pushed the economy into recession. Ministry of Finance data showed exports rose just 0.6 percent in the year to September,...

>SYDNEY Asian shares turned mixed on Wednesday as soft export data kept investors cautious ahead of the European Central Bank's policy meeting later in the week, though Japan's market was having a go at setting a new peak for the month.MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS...