Investment in exploration and production will have to start increasing soon to help balance the global oil market, Schlumberger CEO Paal Kibsgaard told a conference in Dubai on Monday.
* Signs letter of intent to acquire packaging equipment of
Eat Real Snack Food Canada Ltd
Source text for Eikon:
Further company coverage:
bonds weakened across the curve on Monday with some issues
tumbling by around 4 cents after ratings agency Moody's cut the
A group of 40 investors managing $1.25 trillion in assets have launched a campaign to encourage 16 global food companies to change the way they source protein for their products to help to reduce environmental and health risks.
Sterling was weaker on Monday,
trading near a five-week low, as lingering worries over
Britain's exit from the European Union drove investors to sell
the currency that has steadily lost ground in the past three
An explosion ripped through a bus carrying military personnel in Turkey's mainly Kurdish southeast on Monday, wounding eight soldiers, hospital and security sources said.
French drugmaker Sanofi and its U.S. partner Regeneron Pharmaceuticals could win U.S. approval for their keenly awaited new eczema drug dupilumab, seen by analysts as a potential $3 billion-a-year seller, by next March.
Daily net trading in shares on
South Korea's main stock exchange by three major
categories of investors as of 0721 GMT, in billions of South
Korean won (a negative figure indicates net selling):
FOREIGNERS INSTITUTIONS RETAIL
September 26 -15.2 -118.8 -2.9
^September 23 -42.5 194.4 -291.2
September 22 128.3 -138.8 -132.0
A spike in long-dated U.S.,
Japanese and German borrowing costs has rekindled memories of
the 2013 "taper tantrum" for emerging markets, even though they
appear far less...
French drugmaker Sanofi and
its U.S. partner Regeneron Pharmaceuticals could win
U.S. approval for their keenly awaited new eczema drug
dupilumab, seen by analysts as a potential...
* Says it Sets coupon rate for 2016 public corporate bonds
(second tranche) at 4.5 percent
* Has, through Stockholm region in Castellum, started two
new constructions in Smista area in Huddinge, Stockholm, where
total investment is calculated to 222 million Swedish crowns
Morocco's BMCE Bank on
Monday reported an 18 percent rise in first-half net profit
attributable to shareholders to 1.25 billion dirhams ($129
European stocks fell on Monday
as a pullback in the shares of major banking and energy
companies weighed on the region's markets.
* Says "efficiency measures will be implemented to ensure a
competitive organisation set to deliver on Gjensidige's
China stocks dropped nearly 2
percent to a seven-week low on Monday, dampened by falls in the
property sector and as Asian markets retreated after losses on
The British arm of German
discount supermarket Aldi said on Monday it would
spend 300 million pounds ($389 million) sprucing up its stores
over the next three years as it reported a 1.8 percent fall in
2015 profit due to price cuts.
* First time diesel demand from mining sector has risen
(Add union, government comments; updates output loss figure,
closing share prices)
Bank of East Asia , under attack from activist investor Elliott Management, has received about five final bids from suitors including Vistra Group and buyout firm Permira for...
Japanese government bonds yield
curve steepened slightly on Monday as long-dated debt yields
rose ahead of an auction the next day while those on the
* Vistra, Permira among strong bidders for unit
(Adds details of bidding and background on Hong Kong banking
Thailand is studying plans to toughen tax collection rules for internet and technology firms like Alphabet Inc's Google, the head of the Revenue Department told Reuters, as the tax affairs of these firms comes under growing scrutiny in Southeast Asia.
Crude prices rebounded on Monday after Algeria's energy minister said the day before that all options were possible for an oil output cut or freeze at this week's informal meeting of OPEC producers.
A network of more than 150 U.S. charter schools linked to followers of Fethullah Gulen, the Pennsylvania-based Muslim cleric the Turkish government blames for instigating July’s failed coup, has come under growing financial and legal strain, according to school officials, current and former members of Gulen’s movement, and public records reviewed by Reuters.
* Arbitral Tribunal confirmed Acorda's redemption right regarding Biotie shares
A large, low-pressure area located about 1,150 miles east-southeast of the Windward Islands has a 50 percent chance of developing into a cyclone in the next 48 hours, the U.S. National Hurricane Center said on Monday.
The British arm of German
discount supermarket Aldi reported a 1.8 percent
fall in 2015 operating profit on Monday, reflecting a strategy
to cut prices to maintain a gap over bigger rivals.
Asian shares began the week under a cloud on Monday after losses on Wall Street, and as investors' attention turned from central banks to American politics ahead of the first U.S. presidential debate.
* US presidential debate could highlight domestic, global