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  • Jan 5- Gilead Sciences Inc said its experimental hepatitis B drug was found safer than but as effective as its approved treatment, Viread, in two late-stage studies. Gilead's shares rose 1 percent to $99 in premarket trading. The company plans to seek regulatory approval for TAF in the United States and Europe in the first quarter of 2016..

  • Jan 5- The Financial Industry Regulatory Authority said it would examine the "firm culture" at Wall Street brokerages and the factors that influence them. The Wall Street's industry-funded watchdog said it would mainly assess five indicators of a firm's culture and the role they play in the way brokerages conduct business. "Nearly a decade after the financial...

  • AND BRENT CRUDE FUTURES FALL TO SESSION LOWS AS DOLLAR RISES.

  • Kiyomura K.K. President Kiyoshi Kimura, poses with a fresh bluefin tuna after the year's first auction at Tsukiji Market on January 5, 2016 in Tokyo.

    On Tuesday, a huge, glistening tuna was auctioned for about 14 million Japanese yen ($118,000) at Tokyo's 80-year-old Tsukiji market.

  • *Eli Lilly down after 2016 profit, rev forecast. *Dupont down after Citi downgrade. "I think everybody's finally getting settled back in and they're trying to assess really how global growth is going to impact their investments for the rest of the year," Kevin Kelly, CIO of Recon Capital Partners.

  • Jan 5- The Financial Industry Regulatory Authority said it would examine the "firm culture" at Wall Street brokerages and the factors that influence them. FINRA is concerned about how brokerages take actions to promote fair and ethical treatment of customers and help mitigate conflicts of interest, the watchdog said in its "2016 examination of U.S. brokerages"...

  • Jan 5- The Financial Industry Regulatory Authority estimated a 4.7 percent rise in disciplinary actions last year, according to the preliminary statistics released by Wall Street's industry-funded watchdog on Tuesday. FINRA projected 1,462 new disciplinary actions filed in 2015, up from 1,397 a year earlier. Fines collected from individuals and firms,...

  • *Mandates six arranging banks including HSBC- sources. DUBAI, Jan 5- The emirate of Sharjah is planning to raise funds through a dollar-denominated Islamic bond, sources aware of the matter said on Tuesday, in what could be the first sovereign sukuk issuance from the Gulf region this year. An official at the department of finance in Sharjah, the third largest...

  • Jan 5- Gilead Sciences Inc said its once-daily experimental hepatitis B drug was found to be as effective as its approved drug, Viread, in two late-stage studies. The drug, tenofovir alafenamide, or TAF, also showed improved renal and bone safety compared with Viread, Gilead said on Tuesday. Gilead plans to submit regulatory applications for TAF in the United...

  • DETROIT, Jan 5- Fiat Chrysler Automobiles and Nissan Motor Co Ltd on Tuesday each posted double-digit U.S. sales gains in December, with major automakers expected to experience a new record year. Fiat Chrysler said sales rose 13 percent while Nissan showed a 19 percent gain over a year earlier. Fiat Chrysler is the No. 4 seller of vehicles in the U.S. market, and Nissan...

  • NAIROBI, Jan 5- Kenya's telecoms regulator accused the government on Tuesday of curbing the watchdog's ability to manage competition in the sector by recently changing the law and said the move could discourage investments. Smaller operators in Kenya's telecom sector claim unfair competition, saying Safaricom, the biggest operator, is too dominant.

  • Sumner Redstone

    Lawyers for media mogul Sumner Redstone asked a court to dismiss ex-girlfriend Manuela Herzer's petition for a new evaluation of his competence.

  • Jan 5- Nissan Motor Co said its Leaf and Infiniti models in Europe will sport Microsoft Corp's telematics system, which allows drivers to remotely access their cars. Drivers will be able to use mobile phones to turn on and adjust climate controls and set charging functions remotely even when the vehicle is powered down, the companies said. The announcement comes...

  • Jan 5- Please note that the media slug for stories about Ford expanding self-driving test car fleet to 30 has been changed to TECH-CES/FORD from TECH-AUTOS/FORDCES.

  • PARIS/ SINGAPORE, Jan 5- Chicago wheat edged higher on Tuesday, rebounding after the most active contract slid to a five-year low in the previous session on concerns over global demand growth, notably from China. "China is a big concern, everyone is more bearish on commodities," said an agricultural commodities analyst in Australia. Chicago agricultural futures...

  • Jan 5- Eli Lilly and Co forecast 2016 earnings and revenue below analysts' expectations and the drugmaker estimated 2015 profit below its forecast, citing a charge related to a deal. Lilly said it expected revenue of $20.2 billion- $20.7 billion for 2016, below the average analyst estimate of $21.36 billion, according to Thomson Reuters I/B/E/S.

  • MUMBAI, Jan 5- Netflix Inc's global expansion is set to reach movie-mad India, industry executives said, where high-speed Internet connectivity is rapidly spreading among a vast population used to paying pennies for their latest Bollywood fix. Slowing growth at home in the United States has put pressure on video-streaming service Netflix to grow...

  • MILAN/ LONDON, Jan 5- European shares edged lower on Tuesday, giving up earlier gains as uncertainty over China continued to weigh on sentiment, while gains among telecoms and miners provided some support. European equities tried to bounce back in early deals following a stabilization in China, a day after poor Chinese factory data triggered a global sell-off.

  • *The slide prompted a near- $20 billion injection by the People's Bank of China to stabilize markets. *Dupont's shares were down 1.5 percent at $62.10 in premarket trading after Citigroup cut its rating on the Dow component to "neutral." *Microsoft was down 0.8 percent at $54.38 as a Chinese regulator sought explanations from the software maker on findings from an...

  • SINGAPORE/ HONG KONG, Jan 5- Barclays will announce investment banking job cuts across Asia next week, including closures in South Korea and Taiwan, sources with direct knowledge of the matter told Reuters. In common with other European lenders, Barclays is facing up to a harsh environment for investment banks in Asia after the region's economies and markets...