Posted by editor on April 13, 2017

NEW YORK (Reuters) - Lawyers for the passenger dragged from a United Airlines plane in Chicago filed an emergency request with an Illinois state court on Wednesday to require the carrier to preserve video recordings and other evidence related to the incident.

Posted by editor on April 12, 2017

By Chris Prentice and Jarrett Renshaw

(Reuters) - Billionaire investor Carl Icahn's oil refining company, CVR Energy, made a massive bet in 2016 that prices for U.S. government biofuels credits would fall - just before Icahn started advising President Donald Trump on regulations driving that market.

The size and specifics of the gamble - involving $186 million worth of biofuels credits the company said it needed at the end of 2016 to satisfy regulatory requirements - have not been previously reported by the media.

Posted by editor on April 11, 2017

Limassol, Cyprus (March 7, 2017) – CONVERSION PROS, a leading marketing agency within the retail finance sector and founding company behind the iFX EXPO series of financial B2B events, has announced their next event, the iFX EXPO International 2017, which will take place in Limassol, Cyprus from the 23rd to the 25th May at the Palais de Sport Spyros Kyprianou.

Posted by editor on April 11, 2017

 Toshiba Corp (T:6502) aims to file its twice-delayed business results on Tuesday afternoon without an endorsement from its auditors, one person familiar with the matter said, increasing the likelihood of a delisting.

Such a filing would be unprecedented for a major Tokyo-based firm and would put financial regulators and the Tokyo Stock Exchange center stage as they weigh whether it would be acceptable, as well as the pros and cons of forcing it to delist.

Posted by editor on April 10, 2017

Philippines stocks were higher after the close on Monday, as gains in the Property, Services and Industrials sectors led shares higher.

At the close in Philippines, the PSEi Composite added 0.45% to hit a new 3-months high.

The best performers of the session on the PSEi Composite were Robinsons Land Corp (PS:RLC), which rose 4.56% or 1.100 points to trade at 25.200 at the close. Meanwhile, GT Capital Holdings Inc (PS:GTCAP) added 4.43% or 52.00 points to end at 1225.00 and Emperador Inc (PS:EMP) was up 3.04% or 0.190 points to 6.450 in late trade.

Posted by editor on April 07, 2017

Oil prices soared by around $1 per barrel on Friday after the United States launched dozens of cruise missiles at an airbase in Syria.

U.S President Donald Trump said he had ordered missile strikes against a Syrian airfield from which a deadly chemical weapons attack was launched earlier this week, declaring he acted in America's "national security interest" against Syrian President Bashar al-Assad.

Posted by editor on April 06, 2017

Two former Barclays (L:BARC) traders were acquitted by a jury on Thursday of conspiring to rig benchmark interest rates.

Ryan Reich, a 35-year-old American, and Greek national Stylianos Contogoulas, 45, walked free after their second trial on a charge of conspiracy to defraud. The first jury to examine their case could not reach a verdict last year, although four Barclays co-defendants were jailed.

Posted by editor on April 05, 2017

The world's gas industry is descending on Tokyo this week with something other than cherry blossoms on its mind: a trio of Asian LNG buyers testing their collective muscle in a push for more flexible long-term contracts for the fuel.

Korea Gas Corp (KOGAS) (KS:036460), Japan's JERA and China National Offshore Oil Corp (CNOOC) [SASACY.UL] - whose joint liquefied natural gas volumes account for a third of global LNG trade - are attempting to cement a shift in power from producers to importers amid a supply glut that is expected to persist into the early-2020s.

Posted by editor on March 31, 2017

A JPMorgan (NYSE:JPM) economist said on Thursday he expected the U.S.

Posted by editor on March 30, 2017

Toshiba Corp shareholders agreed to split off its prized NAND flash memory unit on Thursday, paving the way for a sale to raise at least $9 billion to cover U.S. nuclear unit charges that threaten the conglomerate's future.

Coming a day after Westinghouse filed for bankruptcy, the extraordinary general meeting saw angry shareholders vent at CEO Satoshi Tsunakawa, with one noting that managers had only last year described the chip and nuclear businesses as core units at the conglomerate.


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