News Archive - 13 November 2015

>Pelosi, a long-time critic of China's human rights record, was leading a senior U.S. Congressional delegation on a rare visit to Tibet, which China has ruled with an iron fist since 1950, when it was "peacefully liberated" by communist forces. The delegation met senior government officials, including communist party...

>NEW YORK Investors may wade into unknown territory next month as the Federal Reserve readies the first rate hike in nearly a decade amid a corporate earnings recession.S&P 500 earnings are on track to close their first reporting season of negative growth since the Great Recession and estimates call...

>A deal would value Chi-X Canada at about $100 million, the report said, citing people familiar with the matter.Chi-X Canada declined to comment. Nasdaq could not be immediately available for comment. A deal could be announced within the next two weeks, the report said, citing one of the people.

>The terms of the divestiture proposal could change during talks with Federal Trade Commission (FTC) officials, the Journal said, citing people familiar with the matter. (on.wsj.com/1NQJcWf)It isn't clear whether the concessions will satisfy the FTC, the newspaper said.Staples' $6.3 billion offer for Office Depot has come...

>DES MOINES, Iowa When Democratic rivals Hillary Clinton and Bernie Sanders take the stage in a presidential debate on Saturday, Sanders is likely to be more aggressive than in their first debate as he highlights their differences on issues like reducing income inequality.When they faced off last month, Sanders...

>NEW YORK Exchange and clearing house operator Nasdaq Inc plans to develop several applications for blockchain, the technology underpinning the digital currency bitcoin, using its Estonian settling and clearing business, a senior Nasdaq executive said on Friday.The blockchain is a shared distributed ledger that records and stores digital assets.

>NEW YORK/SAN FRANCISCO When U.S. prosecutors this week charged two Israelis and an American fugitive with raking in hundreds of millions of dollars in one of the largest and most complex cases of cyber fraud ever exposed, they also provided an unusual look into the burgeoning industry of criminal...

>PARIS Gunmen and bombers attacked busy restaurants, bars and a concert hall at locations around Paris on Friday, killing dozens of people in what a shaken President Francois Hollande described as an unprecedented terrorist attack.Police sources said at least 40 people were killed and 60 wounded in up to...

>WASHINGTON China's yuan moved closer to joining other top global currencies in the International Monetary Fund's benchmark foreign exchange basket on Friday after Fund staff and IMF chief Christine Lagarde gave the move the thumbs up.The recommendation paves the way for the Fund's executive board, which has the final...

>Mizuho International Plc, the London-based securities and investment banking arm of Mizuho, had offered about 30 million Bank of America shares at $17.10, a discount of about 1.6 percent to Thursday's close, the sources said.Shares of the No.2 U.S. bank by assets were down 1.

>Obama last week gave Congress 90 days' notice that he would sign the TPP deal, which seeks to remove trade barriers and set common standards in 40 percent of the world economy.Congress must approve the pact before it can take effect, but U.S. lawmakers have been lukewarm toward...

>The department's civil rights division "found widespread noncompliance" with the 1993 National Voter Registration Act, which requires states to provide voter registration opportunities when people get a driver's license or similar document, the department said in a statement.Alabama was "working quickly and cooperatively" to resolve the issue, Vanita Gupta,...

>ORLANDO Republican presidential candidate Ben Carson shrugged off an angry rant from rival Donald Trump on Friday after the bombastic billionaire tested the patience of the party's base by saying Carson had pathological tendencies similar to a child molester.The fallout from Trump's nasty broadside reverberated in Orlando where Trump...

>CLEVELAND The time to hike U.S. interest rates is "quickly approaching" and the Federal Reserve should not delay for fear of an adverse market reaction or uncertainty over long-run economic trends, a Fed policymaker said on Friday.Cleveland Fed President Loretta Mester, who is not a voter on the...

>The aviation agency Rosaviatsia declined to comment when contacted by Reuters and Egypt's civil aviation minister Hossam Kamal said Russian authorities had not officially informed Cairo of the decision.Russia's ambassador to Cairo, Sergei Kirpichenko, told a local television channel there that cancellations of EgyptAir flights to Russia were "temporary...

>LONDON Inflation numbers from the United States on Tuesday could be the provider of the final domino in the Federal Reserve's track to raise interest rates next month.Earlier in November a robust report on U.S. employment hardened expectations for the Fed's first rate increase in nearly a decade...

>BERLIN Volkswagen's (VOWG_p.DE) top brand executive said he saw no evidence of further misconduct at the carmaker beyond diesel-emission and carbon-dioxide manipulations, as it reported a drop in sales for the first full month since the scandal broke.In a joint interview with VW works council chief Bernd Osterloh...

>"With the ever growing economic importance of 'cloud' services, it is crucial to maintain competition between data centers," Competition Commissioner Margrethe Vestager said in a statement. "The Commission is satisfied that the commitments offered by Equinix will ensure that companies continue to have a choice for hosting their data at...

>Syngenta is under pressure to boost shareholder returns after turning down a $47 billion takeover offer from Monsanto Co (MON.N) this year. Its chief executive stepped down two months later. Citing unidentified sources, Bloomberg said the Swiss-based company was still in talks with ChemChina as well as other suitors,...

>Mylan NV's (MYL.O) $26 billion hostile bid for Perrigo Co Plc (PRGO.N) collapsed on Friday after the Netherlands-based drugmaker failed to secure at least half of Perrigo's outstanding shares in the tender offer.The failed bid ends nearly seven months of bitter wrangling between the generic drug makers...

>WASHINGTON Many Americans are lukewarm on President Barack Obama's rejection of the Keystone XL pipeline, with more than a third saying they didn't care either way, a new Reuters/Ipsos poll shows.Of 920 adults asked between Nov. 9 through Nov. 11 about the president's decision, 35 percent said they neither...

>WASHINGTON After a week in which he hosted Saturday Night Live and stood center-stage at a Republican debate, Donald Trump is surging among Republicans likely to cast votes in the party’s presidential primary.According to the five-day rolling Reuters/Ipsos presidential poll, Trump has leapt some 17 percentage points among likely...

>Pirate Bay, which opened in 2003, provides links to files stored on other users' computers. Its creators have faced legal action for copyright infringement in several countries, but the Dutch case could influence the broader clash between users and the entertainment industry. "The judgment is very significant, as for the...

>"When I spoke with Dr. Carson about this yesterday how we should respond, you know he was so sad about it. He said: "Pray for him." He feels sorry for him because he really likes Mr. Trump," Armstrong Williams, who often acts as Carson's surrogate in the media, told...

>The move is the ecommerce giant's most ambitious foray into Britain's growing online grocery market but stops short of replicating its broader U.S. Amazon Fresh service, which offers about 20,000 chilled, frozen and perishable products and items from local shops.Retail analysts have speculated the U.S. company is...

>The new complaint could strengthen the case against Google, possibly giving enough ammunition to EU antitrust regulators to eventually charge the company with anti-competitive business practices, on top of accusations related to its Google Shopping service.The formal request was filed in April 2015 and largely mirrors the Russian company's...

>The gunman opened fire on a family traveling near the Jewish settlement of Otneil, which is close to Hebron, Israel medics and media reported. Israel's Channel 2 said a Palestinian vehicle overtook two Israeli cars on a main road and fired at the first, a people carrier, in which a...

>BEIRUT The United States targeted British Islamic State leader "Jihadi John" in an air attack in northern Syria which Britain said would "strike at the heart of Islamic State" if the militant's death is confirmed.British Prime Minister David Cameron said the death of Mohammed Emwazi, who was known as...

>BRUSSELS Euro zone economic growth was slower than expected in the third quarter, preliminary data showed on Friday, increasing market expectations that the European Central Bank will step up its monetary stimulus to the economy next month.The European Union's statistics office Eurostat said the gross domestic product of the...

>The brief statement by the Central Commission for Discipline Inspection gave no further details of the probe into Yao Gang, a vice chairman of the China Securities Regulatory Commission (CSRC). It was not possible to reach Yao for comment and unclear if he has a lawyer or what the detailed...

>revised higher later this month.The Commerce Department said on Friday inventories increased 0.3 percent after an upwardly revised 0.1 percent gain in August. Inventories in August were previously reported to have been unchanged.Economists polled by Reuters had forecast inventories being unchanged in September. Inventories are a...

>But the company's shares fell 10 percent in early trading on Friday, highlighting growing concerns about consumer spending.Data on Friday showed that U.S. retail sales rose just 0.1 percent in October, less than expected, suggesting a slowdown in consumer spending that could dampen expectations of a strong...

>U.S. stocks were lower on Friday after Cisco's disappointing forecast and as weaker-than-expected October retail sales data and forecast cuts by department store chains fueled fears of a slowdown in demand ahead of the key holiday shopping season.Dow component Cisco (CSCO.O) fell 5.6 percent to $26.

>WASHINGTON U.S. retail sales rose less than expected in October amid a surprise decline in automobile purchases, suggesting a slowdown in consumer spending that could temper expectations of a strong pickup in fourth-quarter economic growth.Other data on Friday showed a second straight monthly decline in producer prices as...

>YANGON The party of democracy champion Aung San Suu Kyi has won a majority in Myanmar's parliament, the election commission said on Friday, giving it enough seats to elect its chosen candidate to the presidency when the new legislature convenes next year.Suu Kyi's National League for Democracy (NLD) had...