Wires

  • LONDON, Sept 28- Holiday company TUI Group lifted its 2015/ 16 core profit guidance on Wednesday, helped by strong demand from British tourists and a lower exposure than its biggest rival to Turkey which has been hit by security fears. The company said that demand for trips to Turkey was lower than last year, reflecting customer worries about security there after...

  • LONDON, Sept 28- Sainsbury's, Britain's second biggest supermarket, on Wednesday reported another drop in quarterly underlying sales and cautioned that it did not expect a change to competitive market conditions any time soon. The firm, which earlier this month completed its 1.4 billion pounds takeover of Argos-owner Home Retail, said sales at stores open...

  • LONDON, Sept 28- TUI Group, Europe's largest tour operator, said it expected 2015/ 16 core profit to rise by between 12 and 13 percent, upgrading an earlier forecast for growth of at least 10 percent, after strong demand from British holidaymakers. TUI said on Wednesday that it would deliver underlying profit growth of between 12 and 13 percent at constant currency...

  • TOKYO, Sept 28- Japan's Nikkei share average fell on Wednesday, pressured by the yen's recent strength as well as ex-dividend share price adjustments. The Nikkei dropped 1.3 percent, or 218.53 points, to end at 16,465.40. Traders said financial sector sentiment was also hit by concerns over Deutsche Bank, with investors worried about the impact of a $14 billion...

  • LONDON, Sept 28- Sainsbury's, Britain's second biggest supermarket, on Wednesday reported another drop in quarterly underlying sales and cautioned that it did not expect a change to competitive market conditions any time soon. The firm, which earlier this month completed its 1.4 billion pounds takeover of Argos-owner Home Retail, said sales at stores open...

  • SHANGHAI, Sept 28- Dongbei Special Steel Group, the struggling Chinese steelmaker, has ironed out a business revival plan, aiming to return to profit and slash leverage ratio in three years' time, the Economic Observer reported on Wednesday, citing unidentified sources. According to the plan, made at an internal meeting on Sept. 20, Dongbei Special Steel aims to make...

  • THE HAGUE, Sept 28- Cybercriminals offering contract services for hire offer militant groups the means to attack Europe but such groups have yet to employ such techniques in major attacks, EU police agency Europol said on Wednesday. "There is currently little evidence to suggest that their cyber-attack capability extends beyond common website defacement," it...

  • SAN FRANCISCO, Sept 28- The chief executive of North Dakota's largest oil producer, Whiting Petroleum Corp, says the standoff over the $3.7 billion Dakota Access pipeline could be solved by giving economic opportunities, including supply and delivery contracts, to the Standing Rock Sioux and other Native Americans. Thousands of protesters from all over the...

  • BERLIN, Sept 28- BRThe mood among German consumers worsened slightly heading into October but remains at one of the highest levels in more than a decade, a survey showed on Wednesday, suggesting that private consumption is likely to compensate for weakening exports. GfK said the slight fall was linked to a prevailing sense of uncertainty linked to the threat of...

  • *East has axed 600 management jobs since taking helm. *Turnaround program felt across business- source. LONDON, Sept 28- Rolls-Royce boss Warren East has rebuilt confidence in the British engine-maker, but there are doubts among investors and industry experts about whether his slimmed-down group has the muscle to meet ambitious production and development...

  • *Greenback seen in 100- 102 yen range for now- trader. The euro had retreated on Tuesday as share prices in Deutsche Bank, Germany's largest lender, fell to a record low on concerns about a $14 billion demand from the U.S. Department of Justice. The dollar will probably trade in a 100 yen to 102 yen range in the near term, said Stephen Innes, a senior trader for FX broker...

  • LOS ANGELES— Amy Schumer is the most dangerous celebrity on the internet— and not just because of her no-holds-barred personality. Schumer was followed on Intel's list by Justin Bieber, Carson Daly, Will Smith, Rihanna and Miley Cyrus. Other comedians included Chris Hardwick, Daniel Tosh, Nikki Glaser, Kevin Hart, Mindy Kaling and Kristen Wig.

  • SAN FRANCISCO, Sept 27- With its recent acquisition of self-driving truck startup Otto, Uber Technologies Inc. is plotting its entry into the long-haul trucking business, aiming to establish itself as a freight hauler and a technology partner for the industry. Otto plans to expand its fleet of trucks from six to about 15 and is forging partnerships with...

  • The safe haven asset slid nearly 1 percent on Tuesday, its biggest single session percentage loss since Aug. 30, as investors viewed that Democrat Hillary Clinton had won the first U.S. president debate against Republican rival Donald Trump, boosting the appetite for riskier assets like equities. Spot gold fell 0.2 percent to $1,324.71 an ounce by 0430 GMT on...

  • SHANGHAI, Sept 28- China's yuan dipped on Wednesday but was little changed from the previous session ahead of week-long holidays. The People's Bank of China set the midpoint rate at 6.6681 per dollar prior to the market open, weaker than the previous fix of 6.6646. "Additional demand for the Chinese yuan will amount to $31 billion, which is a drop in the ocean of...

  • RICHMOND, British Columbia/ KUALA LUMPUR, Sept 28- M alaysia's Petronas said on Wednesday that it would review a proposed C $11 billion liquefied natural gas plant in western Canada that was approved by Ottawa following a three-year wait. Many analysts are skeptical the project will proceed, with the green light from Prime Minister Justin Trudeau's Liberal...

  • SHANGHAI, Sept 28- China stocks sagged on Wednesday in thin trading, as investors' risk appetite continued to wane ahead of the week-long National Day holiday that starts on Oct 1. Hong Kong shares followed Asian markets lower, giving back some of Tuesday's gain, that partly stemmed from assessments that Democrat Hillary Clinton won the first presidential...

  • No university does that better than Stanford University, which once again tops the Reuters 100. Decade after decade, Stanford's students and faculty consistently innovate. A 2012 study by the university estimated that all the companies formed by Stanford entrepreneurs generate $2.7 trillion in annual revenue, which would be equivalent to the 10th largest...

  • No university does that better than Stanford University, which once again tops the Reuters 100. Decade after decade, Stanford's students and faculty consistently innovate. A 2012 study by the university estimated that all the companies formed by Stanford entrepreneurs generate $2.7 trillion in annual revenue, which would be equivalent to the 10th largest...

  • TOKYO— Uber, which has struggled to win Japan over to its ride-sharing service, is hoping to fare better with takeout deliveries. UberEats opens Thursday, initially just in central Tokyo, ranging from simple dishes costing just hundreds of yen to Michelin- star dining at the equivalent of hundreds of dollars. Japan is the eighth nation, and Tokyo the 34th city, for...