newszine

UPDATE 1-UK regulator blocks Sainsbury’s $9.4 bln Asda takeover

2 hours ago NAMEX Comments Off on UPDATE 1-UK regulator blocks Sainsbury’s $9.4 bln Asda takeover
FILE PHOTO: Shopping bags from Asda and Sainsbury’s are seen in Manchester, Britain April 30, 2018. REUTERS/Phil Noble/illustration LONDON (Reuters) – Britain’s competition regulator has blocked Sainsbury’s proposed 7.3 billion pound ($9.4 billion) takeover of Walmart owned Asda – a huge blow to the supermarket groups who wanted to combine to overtake market leader Tesco. Read More

GLOBAL MARKETS-Asian shares slip; German, Korean data hurt risk appetite

2 hours ago NAMEX Comments Off on GLOBAL MARKETS-Asian shares slip; German, Korean data hurt risk appetite
TOKYO (Reuters) – Asian shares slipped to three-week lows on Thursday as a surprise deterioration in German and South Korean economic data rekindled fears of slowing global growth, while oil prices pulled back slightly after a sharp run-up earlier in the week. FILE PHOTO: A man looks at an electronic board showing the Nikkei stock Read More

UPDATE 1-Climate-change protesters target London Stock Exchange and Canary Wharf

2 hours ago NAMEX Comments Off on UPDATE 1-Climate-change protesters target London Stock Exchange and Canary Wharf
A protester glues her hand to a train during the Extinction Rebellion protest in London, Britain April 25, 2019. REUTERS/Dylan Martinez LONDON (Reuters) – Environmental activists glued themselves to the London Stock Exchange and climbed onto the roof of a train at Canary Wharf on the final day of protests aimed at forcing Britain to Read More

Oxy faces a heavyweight in Anadarko Prize Fight

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By Liam Denning on 4/24/2019 WASHINGTON (Bloomberg Opinion) — Anadarko Petroleum’s executives will be big winners in bidding war. Oh yeah, and the shareholders, too. It’s been a bruising 24 hours for CEO Al Walker and the board. First, it emerged the board had tweaked severance terms in favor of the c-suite just a day Read More

Talos Energy appoints Shane Young as executive V.P. and CFO

3 hours ago NAMEX Comments Off on Talos Energy appoints Shane Young as executive V.P. and CFO
4/24/2019 HOUSTON — Talos Energy Inc. has announced the appointment of Shannon E. young, III as executive V.P. and CFO of Talos, effective May 16, 2019. Michael L. Harding, II, currently executive V.P., CFO, chief accounting officer and treasurer, will continue to serve as the chief accounting officer of the company on an interim basis Read More

Analysis: Chevron vs. Oxy: Who fits Anadarko better?

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By World Oil staff on 4/24/2019 HOUSTON — The third and latest offer (this time publicly) on Wednesday by Occidental Petroleum for Anadarko Petroleum has prompted a discussion among analysts as to whether the large independent’s assets are a better fit with Oxy or Chevron. Less than two weeks ago, Chevron announced that it had Read More

Nikkei edges higher; corporate earnings and BOJ in focus

5 hours ago NAMEX Comments Off on Nikkei edges higher; corporate earnings and BOJ in focus
* Fanuc losses trimmed * Hitachi Construction jumps on hopes of strong mining business By Ayai Tomisawa TOKYO, April 25 (Reuters) – Japan’s Nikkei edged higher on Thursday morning in choppy trade as investors looked to profit guidance from corporate earnings and awaited a Bank of Japan policy decision. The market is focused on the Read More

Morning News Call – India, April 25

5 hours ago NAMEX Comments Off on Morning News Call – India, April 25
To access a PDF version of this newsletter, please click here here If you would like to receive this newsletter via email, please register at: here FACTORS TO WATCH 5:15 pm: Axis Bank to announce quarterly earnings in Mumbai. LIVECHAT - BONDS UPDATE Reuters interest rate reporters delve into government bond markets at 5:00 pm Read More

Panasonic may upgrade Japan plant to make advanced Tesla batteries -source

5 hours ago NAMEX Comments Off on Panasonic may upgrade Japan plant to make advanced Tesla batteries -source
FILE PHOTO: Panasonic Corp’s logo is pictured at Panasonic Center in Tokyo, Japan, Feb. 2, 2017. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Panasonic Corp may upgrade one of its battery plants in Japan to produce advanced-format battery cells for Tesla Inc if needed by the U.S. electric vehicle (EV) maker, a person familiar with the matter Read More

Tesla solar installations slide 36 percent in first quarter

8 hours ago NAMEX Comments Off on Tesla solar installations slide 36 percent in first quarter
April 24 (Reuters) – Tesla Inc on Wednesday reported a 36 percent slide in solar installations and said it had implemented a new selling strategy months after ending a partnership to sell the rooftop systems in busy Home Depot stores. In its first-quarter investor letter, Tesla said solar deployments were 47 megawatts during the period, Read More