Wires

  • SPRINGFIELD, Mo. _ Great Southern Bancorp Inc. on Sunday reported fourth-quarter earnings of $11.8 million. The Springfield, Missouri- based company said it had net income of 83 cents per share. Great Southern Bancorp shares have declined slightly more than 7 percent since the beginning of the year.

  • HIGH POINT, N.C. _ BNC Bancorp on Sunday reported fourth-quarter net income of $15.7 million. The bank, based in High Point, North Carolina, said it had earnings of 31 cents per share. For the year, the company reported profit of $62.9 million, or $1.39 per share.

  • LONDON— Britain's leader is pledging to help U.K. industry grow and compete as the country prepares to leave the European Union. Prime Minister Theresa May plans to unveil her "modern industrial strategy" on Monday, saying the government must provide an environment that will create well-paying jobs throughout Britain if the country is to thrive after Brexit.

  • BEIJING, Jan 23- China's Mobike said it has joined hands with Foxconn to double the number of bikes it plans to make this year to 10 million, adding that the Taiwanese manufacturing giant had also taken a stake in the bike-sharing start-up. Mobike, which is backed by Tencent and Warburg Pincus LLC, said that this year it will manufacture 5.6 million with Foxconn and...

  • NEW DELHI, Jan 23- India's Supreme Court on Monday dismissed a petition to delay the annual federal budget, which Finance Minister Arun Jaitley is scheduled to deliver on Feb. 1.

  • DUBAI, Jan 23- Saudi Arabian authorities have announced three public transport projects in the port city of Jeddah, a sign that a freeze on new infrastructure work in the kingdom may be easing as the government slows its austerity drive. The projects are a tram line along Jeddah's northern corniche, a marine taxi service and a bridge linking two of the city's...

  • That prompted suggestions the ruling Communist Party was trying to deflect blame for the rout that wiped out some $5 trillion in stock value. Xu and two co-defendants were sentenced by a court in the eastern city of Qingdao after pleading guilty at the start of their trial in December. Co-defendant Wang Wei was sentenced to three years and Zhu Yong received a...

  • PARIS, Jan 23- French cosmetics giant L'Oreal said on Monday it had chosen to invest in five tech start-up firms in the beauty products sector along with partner Founders Factory, as L'Oreal steps up its ventures in this area. In 2012, L'Oreal set up an internal start-up unit in Silicon Valley and in May last year it invested in Founders Factory, a digital incubator,...

  • LONDON, Jan 23- Italian government bond yields hit six-week highs on Monday, bucking a broader fall in euro zone debt yields, before a hearing on the legitimacy of new electoral law. But in Italy, caution crept in before Tuesday's Constitutional Court hearing on a disputed electoral law. The referendum rejected by voters on Dec. 4 would have eliminated Italy's...

  • *Sterling rises 0.8 percent ahead of Supreme Court decision. LONDON, Jan 23- The dollar fell to a 1-1/ 2 month low against an index of the world's other top currencies on Monday, after U.S. The index, which measures the greenback against six major rivals, fell half a percent to 100.28, while it dropped more than 1 percent to 113.440 yen and 0.35 percent to $1.0755 per euro.

  • SEOUL, Jan 23- Samsung Electronics Co Ltd indicated on Monday that its latest flagship Galaxy S smartphone could be delayed as it pledged to enhance product safety following an investigation into the cause of fires in its premium Note 7 devices. Samsung mobile chief Koh Dong- jin said procedures had been put in place to avoid a repeat of the fires as the South...

  • HONG KONG, Jan 23- Blackstone Group LP is readying a new Asia- focused real estate fund that aims to raise a record $5 billion or more, betting on strong returns from property investments in the region, people familiar with the plans told Reuters. It has invested more than 70 percent of the $5.08 billion it raised in its first Asia- focused property fund, a threshold...

  • Analyst says sales potential was 100- 200 mln Sfr/ year. ZURICH, Jan 23- Actelion's Opsumit drug missed the main target in a late-stage study of patients with pulmonary arterial hypertension due to Eisenmenger Syndrome, the Swiss drugmaker said on Monday. "The potential revenue would have been around 100 to 200 million Swiss francs, it would have been one of the...

  • BEIJING, Jan 23- China's preliminary fiscal deficit for 2016 was 2.83 trillion yuan exceeding the budget target of 2.18 trillion yuan, according to a Reuters calculation based on data from the finance ministry. Fiscal expenditure in 2016 rose 6.4 percent from 2015, while revenue increased 4.5 percent, the Ministry of Finance said on Monday.

  • WASHINGTON— Red, white and blue balloons rained down over crystal chandeliers in the soaring atrium of the Trump International Hotel at midnight in "a new inaugural tradition," its social media account promised. But while President Donald Trump's hotel in Washington did serve as a hub of Friday's inaugural activities, it also stands as ground zero for what top...

  • Marco Rubio of Florida as a Senate committee is poised to vote on President Donald Trump's nominee to be secretary of state. The nomination of Rex Tillerson got a boost on Sunday after two influential Republican senators— John McCain of Arizona and Lindsey Graham of South Carolina— offered tepid endorsements of the former Exxon Mobil chief.

  • Jan 23- Hong Kong stocks closed marginally higher on Monday, thanks to support from a solid resource sector. Leung said investors were cautious as they watched for moves by President Donald Trump that would affect trade ties between the United States and China. "We are all waiting for Trump's arrangement for China- related trade as he just took office," Leung said.

  • BEIJING— A Chinese technology regulator has announced a 14- month campaign to root out services that allow people in the country to circumvent the government's internet censorship. The Ministry of Industry and Information Technology says it forbids the use of virtual private networks or leased lines that allow users and businesses to access blocked...

  • *BOJ expected to stand pat at Jan 30-31 rate review. TOKYO, Jan 23- Japan's government has kept unchanged the overall assessment of the economy made last month- that it is recovering gradually though pockets of weakness remain. Consumers' mindsets are improving and exports to Asia are recovering, the report said, using the same expressions as last month.

  • *BOJ expected to stand pat at Jan 30-31 rate review. TOKYO, Jan 23- Japan's government has kept unchanged the overall assessment of the economy made last month- that it is recovering gradually though pockets of weakness remain. Consumers' mindsets are improving and exports to Asia are recovering, the report said, using the same expressions as last month.