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  • FACEBOOK SAYS COMPLAINT ALLEGES THE COMPANY AND INDIVIDUALS USED DIFFERENT COMPANIES AND WEBSITES TO SELL FAKE ENGAGEMENT SERVICES TO INSTAGRAM USERS- BLOG.

  • FACEBOOK SAYS CO AND INSTAGRAM FILED A LAWSUIT IN US FEDERAL COURT AGAINST ONE COMPANY AND THREE PEOPLE BASED IN NEW ZEALAND.

  • Federal Reserve Today in Washington. 26- Apr Italy Bills auction 29- Apr Belgium OLO Auction 30- Apr Italy Medium-long term auction 30- Apr Germany Auction of 2- year Treasury notes. 2- May Sweden Auction of inflation-linked government bonds 6- May Norway Auction of Treasury bills 6- May Netherland DTC Auction 6- May France Auction of BTF Treasury notes 7-...

  • MONDAY, APRIL 29 MANILA- Philippines central bank Governor Benjamin Diokno delivers keynote address at a general members meeting of the Financial Executives Institute of the Philippines- 0400 GMT. ANKARA- Central Bank of the Republic of Turkey publishes its Inflation Report ANKARA- Central Bank of the Republic of Turkey publishes summary of its monetary...

  • HELSINKI- ECB's Olli Rehn will speak about the economic outlook for Finland and Europe as well as central bank monetary policy at the Bank of Finland's seminar- 0800 GMT. BERNE Speeches by Jean Studer, President of the Swiss National Bank, and Thomas Jordan, chairman of the central bank, at the SNB's general meeting of shareholders, Berne 0800 GMT.

  • Amazon expects to spend $800 million toward the shipping goal in the second quarter alone. "There's a lot of error bars around this program, especially from the cost side," Amazon's Chief Financial Officer Brian Olsavsky told analysts on a conference call. U.S. rivals Walmart and Target Corp have steadily rolled out two-day shipping, albeit on far fewer items than...

  • LOS ANGELES, April 25- Grubhub Inc's reported a first-quarter profit on Thursday that topped Wall Street's view after the restaurant delivery service ramped up spending to woo restaurant partners and encourage customers to order more often and spend more. Grubhub, which is battling startups ranging from DoorDash and Uber Eats to Amazon.com Inc's Amazon...

  • CALGARY, Alberta, April 25- The outgoing chief executive of Canada's Suncor Energy on Thursday urged the new Alberta government to find a way out of mandatory oil production curtailments that were imposed this year to help boost crude prices. The CEO, Steve Williams, also put Canada's failure to build new export pipelines that would ship more crude out of...

  • Chief Financial Officer Bob Shanks told reporters at company headquarters in suburban Detroit that Ford has more confidence its 2019 results will be better than last year's, but said it is in a "volatile environment with very strong competition." Ford is restructuring its business, which includes cutting costs and overhauling its product lineup in key global...

  • April 25- Ride-hailing company Uber Technologies Inc will unveil terms for its initial public offering on Friday, telling investors it will seek to be valued at between $80 billion and $90 billion, according to people familiar with the matter. The valuation sought is less than the $120 billion valuation that investment bankers told Uber last year it could...

  • April 25- Mattel Inc beat Wall Street estimates for quarterly revenue on Thursday, as a more diverse range of Barbie dolls and new toys based on franchises such as the " Jurassic World" powered sales in the United States. A makeover of Mattel's 60- year-old Barbie brand with new skin tones and professions and a focus on toys based on big Hollywood franchises such as "...

  • Occidental made a counterbid for Anadarko's vast shale holdings in the prolific Permian Basin of West Texas and New Mexico on Wednesday, offering $57 billion compared with Chevron's $50 billion bid, both including debt. This helped the Woodlands, Texas- based company cushion an 11.2 percent fall in average sales price of oil to $56.51 per barrel.

  • SAO PAULO, April 25- Brazil's largest fashion retailer, Lojas Renner SA, reported on Thursday a quarterly net profit that was 45 percent higher year-on-year and greatly exceeded market expectations, helped by double-digit sales growth despite a sluggish economy. Based in the southern city of Porto Alegre, Lojas Renner has successfully transitioned from a...

  • Intel marginally beat Wall Street targets for revenue and profit in the fiscal first quarter, but sales in the data center group unit fell 6.3% to $4.9 billion, hit by weakness in China as customers worked through stockpiles of chips purchased last year. Intel's chief executive, Bob Swan, said in an interview that customers in China had "absolutely" bought extra...

  • April 25- T-Mobile US Inc first-quarter revenue and profit jumped from a year earlier, beating Wall Street's estimates, as competitive pricing lured new subscribers to its monthly cellphone plans. Shares of the Bellevue, Washington- based company rose marginally after hours to $73.00. T-Mobile US net income surged to $908 million, or $1.06 per share, in the three...

  • April 25- Mattel Inc beat Wall Street estimates for quarterly revenue on Thursday, as a more diverse range of Barbie dolls and new toys based on franchises such as the " Jurassic World" powered sales in the United States. A makeover of Mattel's 60- year-old Barbie brand with new skin tones and professions and a focus on toys based on big Hollywood franchises such as "...

  • April 25- Bunge Ltd on Thursday named Gregory Heckman as its new chief executive officer, three months after he stepped in as acting CEO at the embattled global grains merchant stung by slumping grain prices and a bruising U.S.- China trade war. Heckman, a founding partner of private investment firm Flatwater Partners and the former chief executive of grains...

  • STOCKHOLM/ COPENHAGEN/ OSLO, April 25- Swedish pilots at airline SAS rejected a bid tabled by mediators and began preparing to strike as a midnight deadline to reach a deal was passed, but Norwegian unions plowed on with their negotiations. Torbjörn Granevärn, head of negotiations at the Swedish Confederation of Transport Enterprises' airlines section, said...

  • *ATTORNEY GENERAL JAMES ANNOUNCES INVESTIGATION INTO FACEBOOK. *ATTORNEY GENERAL JAMES- INVESTIGATION INTO FACEBOOK'S UNAUTHORIZED COLLECTION OF 1.5 MILLION FACEBOOK USERS' EMAIL CONTACT DATABASES. *AG LETITIA JAMES SAYS TOTAL NUMBER OF PEOPLE WHOSE CONTACT INFORMATION WAS IMPROPERLY OBTAINED BY FACEBOOK MAY BE HUNDREDS OF MILLIONS.

  • Amazon's first-quarter net income more than doubled to $3.6 billion, while analysts were only expecting $2.4 billion, according to IBES data from Refinitiv. Second-quarter operating income will be as much as $3.6 billion, but analysts had been expecting $4.2 billion, according to FactSet. Chief Financial Officer Brian Olsavsky said Amazon was still reaping...