Wires

  • PARIS, Sept 30- Airbus Group said on Friday it would merge with its planemaking unit and simplify its brand and management structure, marking a break with its complex corporate roots as it prepares for tougher expected competition. Europe's largest aerospace group will be renamed "Airbus" after its core planemaking brand under the shake-up, the latest piece of...

  • *Japan shares see weekly, monthly losses, but rise over quarter. SINGAPORE, Sept 30- Asian stocks extended losses on Friday as worries about the health of Deutsche Bank weighed on financial shares and as oil prices inched back from near-one month highs on scepticism over OPEC's new plan to curb output. European markets are also poised for sharply lower starts, with...

  • -Feb 2016: Investment of $42.5 million in Pronutria Biosciences, now Axcella Health, a specialist in developing medicines for disease caused by amino acid imbalance. -Sept 2015: Licensing agreement with Lipid Therapeutics for exclusive worldwide rights, except for Europe and Australia, to its experimental medicine for ulcerative colitis.

  • -Feb 2016: Investment of $42.5 million in Pronutria Biosciences, now Axcella Health, a specialist in developing medicines for disease caused by amino acid imbalance. -Sept 2015: Licensing agreement with Lipid Therapeutics for exclusive worldwide rights, except for Europe and Australia, to its experimental medicine for ulcerative colitis.

  • -Feb 2016: Investment of $42.5 million in Pronutria Biosciences, now Axcella Health, a specialist in developing medicines for disease caused by amino acid imbalance. -Sept 2015: Licensing agreement with Lipid Therapeutics for exclusive worldwide rights, except for Europe and Australia, to its experimental medicine for ulcerative colitis.

  • LONDON, Sept 30- Switzerland's Nestle, the world's largest food company, wants to tune up your guts. Last weekend, it hosted global experts in Playa del Carmen, Mexico for a three-day workshop on the intestinal microbiome to discuss how trillions of bacteria living in the digestive system can impact everything from obesity to depression. One attendee was Emeran...

  • BANGKOK, Sept 30- Thailand confirmed on Friday that Zika had caused two cases of microcephaly, a condition that results in babies being born with small heads, the first time microcephaly had been linked to Zika in Southeast Asia. "To summarise we have found two cases of small heads linked to Zika, the first cases in Thailand," Prasert Thongcharoen, an adviser to the...

  • HONG KONG— Chinese factories have reported a slight expansion in activity for September as new orders picked up marginally, according to a private survey. The Caixin monthly purchasing managers' index released Friday ticked up to 50.1 for September from the previous month's 50.0 reading. Data on China's outsize factory sector is widely watched for insights...

  • MOSCOW, Sept 30- Lukoil, Russia's second biggest oil producer, is not ready to reduce its oil output but will join oil market stabilisation measures if Russia joins them, RIA news agency quoted Lukoil Chief Executive Vagit Alekperov as saying. It later clarified in Alekperov's quote that he was talking about the need to sign such a protocol in case Russia decides...

  • TOKYO, Sept 30- The Bank of Japan's decision to target the yield curve and allow consumer prices to overshoot its 2 percent goal are welcome steps in Japan's long battle to encourage inflation, former U.S. Treasury Secretary Lawrence Summers said. The BOJ's commitment to overshoot its price target should encourage inflation expectations and is something...

  • NEW YORK— Just because Congress has allowed Sept. 11 victims to sue Saudi Arabia over claims it had a role in the terror attacks doesn't mean such a case will ever go before a jury. "The bill really is the worst of both worlds— everything Saudi Arabia complained about and very little of what the plaintiffs thought they were getting," said Stephen Vladeck, a University of...

  • SHANGHAI, Sept 30- China stocks were firm on Friday, with sentiment aided by signs of a nascent economic recovery, the yuan's imminent inclusion in the Special Drawing Rights basket, and expectations that short-term liquidity will improve after China's week-long National Day holiday. China's blue-chip CSI300 index rose 0.3 percent, to 3,254.55 points by...

  • MANILA, Sept 30- The Philippine government may not freeze all 20 mines facing suspension for environmental infractions and they will be given time to address any lapses, the minister in charge of mining said on Friday. "Yes if they are able to fix whatever" needs to be fixed, Environment and Natural Resources Secretary Regina Lopez told Reuters when asked if it is...

  • *Market tests BOJ's resolve in meeting new interest rate target. TOKYO, Sept 30- Bond buyers are already testing the credibility of the Bank of Japan's new monetary policy framework, pushing 10- year yields below its zero percent target and giving the bank few palatable options to bring them back on track. After failing in its goal of achieving sustained...

  • SHANGHAI, Sept 30- The yuan stayed flat versus the dollar on Friday, with onshore markets closed next week for a national holiday, and the International Monetary fund inducting the Chinese currency into its reserves basket, known as Special Drawing Rights, on Saturday. The People's Bank of China set the midpoint rate at 6.6778 per dollar prior to market open,...

  • "Probably the news on Deutsche Bank is spurring some buying," said Ronald Leung, chief dealer, Lee Cheong Gold Dealers in Hong Kong. "Gold might trade in the range of $1,310- $1,340 until China comes back from holidays," he added. China's markets will be closed starting on Oct. 1 for the National holidays and resume trading on Oct. 10.

  • NEW YORK, Sept 30- On a routine check of a surface coal mining facility in rural Alabama early this month, inspector Randall Aldridge first smelled gasoline. Then he saw dead plants and animals along a man-made pond that helps the region manage heavy rain. Aldridge happened upon a leak on the main fuel artery to the U.S. East Coast known as the Colonial Pipeline, in...

  • *Few recent blockbuster deals in Asia, IPO activity down. *Fees in Asia increasingly divided among more banks. But increased competition from Chinese rivals and a dearth of the blockbuster deals it has previously relied on to make money in Asia are putting pressure on global investment banking powerhouses such as Goldman, quarterly Thomson Reuters data shows.

  • *Pilot production lines to start between April- June 2018. TOKYO, Sept 30- Japan's Sharp Corp said it will spend $570 million on its organic light-emitting diode screen business- one of its first major investments since it was taken over by Taiwan's Foxconn although the amount pales in comparison to efforts by South Korean rivals. Sharp said it will invest in pilot...

  • TOKYO, Sept 30- The yield on benchmark 10- year Japanese government bonds edged up on Friday as the Bank of Japan trimmed the amount of long-term debt it buys at its regular market operations. The BOJ said it reduced its purchases of JGBs with five to 10 years of maturity to 410 billion yen from 430 billion on Wednesday. "The BOJ appears to have acted to contain the...