The report recommended that the EPA partner with the Department of Transportation's Pipeline and Hazardous Materials Safety Administration to improve oversight over methane leaks. The report also recommended the EPA develop a strategy to address the financial and policy issues that hinder reducing emissions from distribution pipelines.» Read More
ABU DHABI, April 7- Etihad Airways is still negotiating commercial terms for a potential investment in Alitalia and is close to extending its partnership with Air Berlin, the chief executive of the Abu Dhabi airline said on Monday.
*Mallinckrodt to buy Questcor for $5.6 bln. *MannKind stumbles; FDA extends review date for insulin treatment. *Earnings season gets under way this week, with earnings expected from financials JPMorgan Chase& Co and Wells Fargo& Co, as well as retailer Bed, Bath& Beyond.
LONDON, April 7- Russian aluminium giant Rusal, which won a court ruling last month that halted a key metals warehouse reform, has defended its move, denying it was seeking to freeze the status quo and "stifle" reforms.
LONDON, April 7- Holdings of the world's largest platinum-backed exchange-traded fund, Johannesburg's NewPlat ETF, breached 1 million ounces for the first time last week, data from the fund showed, as a strike in the South African platinum sector prompted new buying.
April 7- Specialty pharmaceuticals company Mallinckrodt Plc will buy drugmaker Questcor Pharmaceuticals Inc for about $5.6 billion to gain access to its lucrative drug to treat multiple sclerosis, Acthar Gel. This acquisition, Mallinckrodt's second deal in less than two months, highlights its efforts to tap into the fast-growing specialty drugs market.
LONDON, April 7- U.S. drinks company Brown-Forman is one of several parties considering second-round bids for the Whyte& Mackay whisky business, expected to fetch around 350 million pounds, said three people familiar with the matter.
*Bouygues, Iliad fall; Numericable spikes on SFR deal. The stock market also came under pressure from a drop of 5.4 percent in Bouygues and 5.7 percent in Iliad, after Numericable won a bid to acquire Vivendi's SFR telecom unit. Iliad investors were disappointed because the company stood to benefit if Bouygues's bid for SFR succeeded.
*Mallinckrodt to buy Questcor for $5.6 bln. *MannKind stumbles; FDA extends review date for insulin treatment. *Earnings season gets under way this week, with earnings expected from financials JPMorgan Chase& Co and Wells Fargo& Co, as well as retailer Bed, Bath& Beyond expected.
LONDON, April 7- The European Central Bank is drawing up plans for large-scale asset purchases in case they are needed but there remains some way to go before that point, one of bank's policymakers said on Monday.
SAN FRANCISCO, April 7- Qualcomm gave details on Monday about a future high-end smartphone chip, including faster download speeds as well as 64- bit technology, which is quickly becoming standard.
April 7- MannKind Corp said the U.S. Food and Drug Administration extended the review date of its inhaled insulin treatment by three months, sending the company's shares down as much as 22 percent before the bell.
LONDON, April 7- The dollar lost ground against the yen and dipped versus the euro on Monday as U.S. jobs data last week disappointed some who had bet on a number strong enough to break this year's tight trading ranges.
*Investors to get 0.8 Sun Pharma share per Ranbaxy share.
April 7- Specialty pharmaceuticals company Mallinckrodt Plc agreed to buy drugmaker Questcor Pharmaceuticals Inc for about $5.6 billion to gain access to its multiple sclerosis drug, Acthar Gel.
MUMBAI, April 7- The political party expected to lead India's next government confirmed on Monday it would ban foreign supermarkets from the $500 billion retail sector, a move that would deal a fresh setback to global chains such as Wal-Mart and Carrefour.
GOOGLE: Google Inc built its business with its Web search engine, but more than any other Internet company, it has led the way in expanding to new horizons. In February, Google announced plans to acquire Nest, which makes smart thermostats and smoke alarms.
BEIJING, April 7- China is going to avoid going down the "familiar path" of resorting to large stimulus measures for the economy, and there is no sign of a shift in monetary and fiscal policy, state news agency Xinhua wrote in a commentary on Monday.
MOSCOW, April 7- The RTS index of Russian stocks shed over 3 percent on Monday following growing unrest in eastern Ukraine.
*Investors unsure if China will take aggressive steps to support growth. LONDON, April 7- Copper steadied on Monday after falling to its lowest level in more than a week as investors nervously awaited signals from policymakers in top consumer China about monetary policy easing.
LONDON, April 7- Gold inched lower on Monday, steadying around $1,300 an ounce following its biggest one-day jump in three weeks, as investor worries about an early U.S. interest rate hike eased after a monthly jobs report failed to meet market expectations. Gold had endured heavy selling ahead of the data, hitting a seven-week low of $1,277.29 on Tuesday.