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Oil markets need regulator in face of speculators - Eni CEO

ROME (Reuters) - Energy markets might need to be regulated to put a brake on widespread financial speculation that is distorting crude prices, the head of Italian oil major Eni told Il Sole 24 Ore newspaper. ...more
2017-07-24   22:31:01 IST

Exclusive: Brazil farm minister's family firm reaps corn subsidy

SAO PAULO (Reuters) - A trading firm owned by Agriculture Minister Blairo Maggi's family has been the biggest winner from Brazil's corn subsidies this year, underscoring the tensions between the billionaire farm magnate's political responsibilities and his investments. ...more
2017-07-24   22:31:01 IST

Brazil's Triunfo clinches $673 million restructuring with banks

BOGOTA (Reuters) - TPI Triunfo ParticipaƧƵes &InvestimentosSA and a pool of about 20 banks have agreed on terms to restructure 2.113 billion real ($672.6 million) of debt, giving the Brazilian infrastructure firm a lifeline to finalize projects and downsize gradually. ...more
2017-07-23   22:31:02 IST

EU antitrust regulators say probing possible German car cartel

BRUSSELS (Reuters) - EU antitrust regulators are investigating allegations of a cartel among a group of German carmakers, the European Commission said on Saturday, a measure that could result in hefty fines for the companies. ...more
2017-07-23   22:31:02 IST

Roche's Tecentriq receives positive opinion from EU medicines agency

ZURICH (Reuters) - A European Medicines Agency (EMA) panel said on Friday it has recommended Roche's immunotherapy Tecentriq as a treatment for advanced bladder and lung cancer, setting the stage for European Commission approval this year. ...more
2017-07-23   18:31:01 IST

Pakistan central bank holds rates at 5.75 pct, cites low inflation

KARACHI, Pakistan (Reuters) - Pakistan's central bank held its main policy interest rate steady at 5.75 percent on Saturday, the bank's new governor said, citing low inflation expectations and the gathering pace of economic activity. ...more
2017-07-23   18:31:01 IST

UK's Boots "truly sorry" over morning-after pill campaign response

LONDON (Reuters) - British pharmacy chain Boots has apologised for its response to a campaign calling for it to cut the price of one of its morning-after pills and said it was looking for cheaper alternatives. ...more
2017-07-23   18:31:01 IST

Wall Street retreats from record levels as GE disappoints

(Reuters) - U.S. stock indexes were lower in late morning trading and pulled back from record levels as weak earnings from industrial heavyweight General Electric weighed. ...more
2017-07-22   22:33:02 IST

GE shares fall as profit slumps, investors await new CEO's targets

(Reuters) - General Electric Co's shares dropped sharply on Friday after it posted a 59-percent decline in second-quarter profit and put off an expected cut to 2018 earnings targets until November, when new CEO John Flannery will be four months into his job. ...more
2017-07-22   22:33:02 IST

Wall Street opens lower as tepid earnings weigh

REUTERS - U.S. stock indexes opened lower on Friday, as industrial heavyweight General Electric's tepid results weighed on investor sentiments. ...more
2017-07-22   20:32:03 IST

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