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Wires

  • Shares of Bunge soared on media reports that Glencore Agriculture Limited, a joint venture owned by Glencore and two Canadian pension funds, had approached White Plains, New York- based Bunge about a "possible consensual business combination." Large grain traders have struggled in recent years as a global oversupply and thin trading margins have squeezed...

  • WASHINGTON, May 23- The U.S. Federal Communications Commission said on Tuesday it would not take any action over thousands of complaints about a crude joke that late-night television host Stephen Colbert told about U.S. FCC spokesman Neil Grace said the agency had reviewed the complaints and "concluded that there was nothing actionable under the FCC's rules."

  • *Dollar index pulls away from 6-1/ 2- month lows. TOKYO, May 24- The dollar held firm early on Wednesday, having rebounded from 6-1/ 2- month lows against its major peers thanks to a rise in U.S. It managed to pull away from the 96.797 level plumbed on Monday, its lowest since Nov. 9, when concerns over U.S. politics stemming from the Trump election campaign's suspected...

  • May 23- Southeast Asia startup Sea Ltd has filed for a potential U.S. initial public offering that could raise about $1 billion, Bloomberg reported on Tuesday, citing people familiar with the matter. The company, which was earlier known as Garena, filed confidentially with the U.S. Securities and Exchange Commission and is looking forward to list itself in early...

  • Shares of Bunge soared on media reports that Glencore Agriculture Limited, a joint venture owned by Glencore and two Canadian pension funds, had approached White Plains, New York- based Bunge about a "possible consensual business combination." Large grain traders have struggled in recent years as a global oversupply and thin trading margins have squeezed...

  • 1- Jun Spain Bond auction 1- Jun Japan 3- month discount bill auction 1- Jun Japan Auction of 10- year government bonds 5- Jun France Auction of BTF Treasury notes 6- Jun United Kingdom Auction of 0 1/ 2% Treasury Gilt 2022. 6- Jun Netherlands DTC auction 6- Jun Japan Auction of 30- year government bonds 7- Jun Germany Auction of 5- year Federal notes 7- Jun Sweden...

  • 1- Jun Spain Bond auction 1- Jun Japan 3- month discount bill auction 1- Jun Japan Auction of 10- year government bonds 5- Jun France Auction of BTF Treasury notes 6- Jun United Kingdom Auction of 0 1/ 2% Treasury Gilt 2022. 6- Jun Netherlands DTC auction 6- Jun Japan Auction of 30- year government bonds 7- Jun Germany Auction of 5- year Federal notes 7- Jun Sweden...

  • **LONDON- European Central Bank to publish Financial Stability Report- 2100 GMT. MADRID- European Central Bank President Mario Draghi speaks at First Conference on Financial Stability- 1345 GMT. TORONTO- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer session before the C.D.

  • **LONDON- European Central Bank to publish Financial Stability Report- 2100 GMT. MADRID- European Central Bank President Mario Draghi speaks at First Conference on Financial Stability- 1345 GMT. TORONTO- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer session before the C.D.

  • SAO PAULO, May 23- Shares in Brazilian meatpacker JBS SA stormed higher on Tuesday, helped by bargain-hunting and speculation about potential takeover interest, after earlier falling on concern about the company's role in a corruption scandal. The billionaire Batista brothers who control JBS through holding company J&F Investimentos SA have admitted to...

  • PROVIDENCE, R.I.— A judge has ruled against a Rhode Island textile company accused of discriminating against a woman when she was denied an internship because she uses medical marijuana to treat migraine headaches. The Superior Court judge's decision released Tuesday found that the Westerly-based Darlington Fabrics Corp. had violated the state's...

  • NEW YORK— Uber on Tuesday admitted to underpaying its New York City drivers tens of millions of dollars for the past 2 1/ 2 years. "We are committed to paying every driver every penny they are owed— plus interest— as quickly as possible," Uber executive Rachel Holt said in a statement. "Uber is using the difference in the commission it wrongly took from drivers, rather than...

  • In his first detailed budget submission to Congress on Tuesday, Trump requested major reductions to programs that help poor families afford groceries and poor and disabled people get healthcare. Some Republicans in Congress cheered Trump's budget. They're really deep, deep cuts, "said Republican Representative Hal Rogers, whose eastern Kentucky district...

  • QUINCY, Mass.— Facebook CEO Mark Zuckerberg has visited the Massachusetts high school where his wife attended. Zuckerberg says in a Facebook post the couple had stopped by the school on their way to Cambridge, Massachusetts, where Zuckerberg is set to deliver the commencement speech at Harvard University on Thursday. Zuckerberg livestreamed on Facebook his...

  • HOUSTON, May 23- Saudi Aramco plans an investment of up to $30 billion in its U.S. subsidiary Motiva Enterprsies LLC, the company said in an announcement at a business summit in Saudi Arabia. The company said that $12 billion would be the initial investment in a project to expand refining capacity at Motiva's Port Arthur, Texas, refinery, already the largest in the...

  • *Pet ownership, once denounced, taking off again in China. HONG KONG, May 24- Electronic device makers such as Hong Kong- listed SUGA and other start-ups are looking to cash-in on a boom in China in so-called pet wearables, like smart collars, leashes and feeders. Pet ownership, denounced as a decadent and bourgeois habit after the Communist Party took power in China...

  • TORONTO, May 23- Canada's biggest non-bank lender Home Capital said on Tuesday that it had drawn down an additional C $250 million from a high interest credit line to meet a repayment on its debt due on Wednesday. Home Capital said in a statement that it had now drawn down C $1.65 billion from a C $2 billion facility it agreed last month with the Healthcare of Ontario...

  • LONDON, May 24- Commodities-related revenue at the 12 biggest investment banks fell 29 percent year-on-year in the first quarter of 2017 to its lowest in more than a decade, mainly due to weakness in the energy sector, a consultancy said on Wednesday. Revenue from commodity trading, selling derivatives to investors and other activities in the sector fell to...

  • LONDON, May 24- Bond trading revenue at the world's top banks rebounded sharply in the first three months of the year as strong activity in credit and interest rate products eclipsed the lowest currency trading volume in over a decade, a survey showed on Wednesday. The period saw Donald Trump sworn in as U.S. president and an initial surge of investor optimism that...

  • *April manufacturers' sentiment index +24 vs +26 in April Service- sector index +30 in May vs 28 in April. TOKYO, May 24- Confidence among Japanese manufacturers worsened in May for the first time in nine months after hitting a decade-high level April, a Reuters survey found, showing the guarded nature of business optimism in a nascent export-led economic recovery.