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Wires

  • David Dao, who was dragged from a United Airlines plane, said he will also represent a woman whose clash with an American Airlines flight attendant went viral over the weekend. In a video posted on Facebook on Friday by a bystander aboard the American Airlines flight, the woman is seen in tears and holding a young child after a male flight attendant had apparently...

  • 1 MDB& Malaysia's MoF to make payments on two bonds. KUALA LUMPUR/ ABU DHABI, April 24- Malaysia moved closer to clearing up the financial fallout of its 1 MDB scandal on Monday by resolving a debt dispute with Abu Dhabi, bolstering Prime Minister Najib Razak ahead of elections. The Malaysian state fund defaulted on its bonds a year ago, sparking a dispute with Abu...

  • SAN FRANCISCO, April 24- Microsoft Corp is rolling out upgrades to its sales software that integrates data from LinkedIn, an initiative that Microsoft CEO Satya Nadella told Reuters was central to the company's long-term strategy for building specialized business software. The improvements to Dynamics 365, as Microsoft's sales software is called, are a...

  • LONDON, April 24- Indian gas company H-Energy is to begin importing liquefied natural gas from the third quarter of 2018 via a ship-based terminal leased from French group Engie, its chief executive told Reuters on Monday. India is the world's fourth biggest LNG importer even though gas accounts for just seven percent of its coal-dominated energy mix, but...

  • *Macron, Le Pen to face off on May 7 in final vote. Polls showed pro-EU Macron is expected to beat right-wing rival Marine Le Pen in a deciding vote on May 7, quelling some fears of a breakup of the Eurozone after Britain's shock exit vote last year. "The markets are in a strong rebound as the expectations of the first round of the French elections results were pleasing,"...

  • NEW YORK, April 24- GE Power, a division of General Electric Co, has signed a services deal with a subsidiary of Algerian utility Sonelgaz valued at more than $3 billion, the largest such agreement ever for GE Power, GE said on Monday. "The service agreement, and digital, will cover the total plant, everything from the gas turbines to the rest of the equipment," Steve Bolze,...

  • April 24- General Motors Co's bid to block hundreds of lawsuits, potentially worth billions of dollars, over a deadly ignition-switch defect broke down on Monday when the Supreme Court refused to hear its appeal claiming the suits were barred by the No. 1 U.S. automaker's 2009 bankruptcy. The justices declined to review a 2016 ruling by the New York- based 2nd U.S....

  • TORONTO, April 24- Canada's main stock index opened higher on Monday, helped by gains for its heavyweight financials sector, while gold miners and other materials stocks weighed. The Toronto Stock Exchange's S&P/TSX composite index was up 79.34 points, or 0.51 percent, at 15,693.82 shortly after the open. Seven of its 10 main group rose/fell.

  • Stocks are opening sharply higher on Wall Street, following gains in Europe, on increased expectations that France was not heading for an exit of the euro. KeyCorp and Citizens Financial each rose 4 percent. French stocks jumped 4 percent after centrist Emmanuel Macron emerged on top of the first round of the country's presidential election, stoking hopes he...

  • April 24- The U.S. Supreme Court on Monday declined to hear an appeal by former WellCare Health Plans Inc Chief Executive Todd Farha of his 2013 fraud conviction for his role in a scheme to cheat the Medicaid health insurance program for the poor. Farha began serving a three-year sentence at a minimum security federal prison in Alabama after the Atlanta- based...

  • WASHINGTON— The Supreme Court on Monday turned away an appeal from General Motors Co. seeking to block dozens of lawsuits over faulty ignition switches that could expose the company to billions of dollars in additional claims. GM recalled 2.6 million small cars worldwide in 2014 to replace defective switches that played a role in at least 124 deaths and 275...

  • The justices declined to review a 2016 ruling by the New York- based 2nd U.S. Circuit Court of Appeals that rejected GM's bid to block customer lawsuits related to crashes and diminished vehicle value because the plaintiffs had not been properly notified of the defect prior to the bankruptcy filing.

  • *Dubai weighed down by profit-taking on Union Properties. *First Abu Dhabi Bank and TAQA buoy Abu Dhabi market. DUBAI, April 24- Saudi Arabian telecoms company Mobily slumped after worse than expected results on Monday, but the market was buoyed by stronger quarterly earnings from the insurance sector, while performance across the rest of the region was mixed.

  • *Dubai weighed down by profit-taking on Union Properties. *First Abu Dhabi Bank and TAQA buoy Abu Dhabi market. DUBAI, April 24- Saudi Arabian telecoms company Mobily slumped after worse than expected results on Monday, but the market was buoyed by stronger quarterly earnings from the insurance sector, while performance across the rest of the region was mixed.

  • *Canadian dollar at C $1.3456, or 74.32 U.S. cents. *Loonie hits strongest since April 19 at C $1.3410. That reduced the risk of another shock like' Brexit,' Britain's impending exit from the European Union, that could weigh on the global economic outlook.

  • WASHINGTON, April 24- The U.S. Supreme Court on Monday rejected a bid by natural gas company Chesapeake Energy Corp to avoid having to pay $438.7 million to investors in a bonds dispute. The justices refused to hear the Oklahoma City- based company's appeal of a September 2016 ruling by the New York- based 2nd U.S. Circuit Court of Appeals in favor of bondholders.

  • If it takes effect, the proposed regulation would be likely to have the greatest impact on Swedish telecoms firm Telia, which operates one of Norway's two nationwide 4 G networks and relies partly on systems in Sweden. "For the most part, Telia Norway's infrastructure is operated in Norway, but we have some elements in Sweden. Norway's telecoms operator, the...

  • April 24- Home Capital Group Inc said founder and former CEO Gerald Soloway will step down from the board once a replacement is found, days after regulators accused the company of making "materially misleading statements" to investors. The Ontario Securities Commission on Wednesday issued allegations against Soloway and another former Chief Executive...

  • DUBAI/ WELLINGTON, April 24- Qatar Airways would consider canceling flights to Auckland if New Zealand follows the United States in banning laptops and other large electronic devices on Middle East flights, its chief executive said on Monday. New Zealand is considering additional security checks on flights from some countries in the Middle East after...

  • CRANBURY, N.J. _ 1st Constitution Bancorp on Monday reported first-quarter earnings of $1.9 million. 1st Constitution Bancorp shares have dropped slightly more than 1 percent since the beginning of the year. Keywords: 1st Constitution Bancorp, Earnings Report.