- UPDATE 2-Equifax to pay up to $700 mln in U.S. data breach settlement
Equifax Inc will pay up to $700 million to settle U.S.
federal and state probes into a massive 2017 data breach of
personal information that affected around 147 million consumers,
authorities said on Monday.
- EU official sees little movement in talks with US on cutting industrial tariffs
The European Union has seen
little movement thus far in talks with the United States about
reducing industrial tariffs, a top EU official said on Monday
before meetings with U.S. officials.
- Ukraine's security service says not putting pressure on ArcelorMittal
Ukraine's security service's
acting chief Ivan Bakanov said on Monday that a search at
ArcelorMittal's mill in Kryvyi Rih was not an attempt to put
pressure on the company.
- CANADA STOCKS-TSX rises as energy stocks gain on higher oil prices
Canada's main stock index rose on
Monday, as energy stocks gained on the back of higher oil
- Colonial allocates Cycle 43 shipments on distillate Line 20
Colonial Pipeline Co is
allocating space for Cycle 43 shipments on Line 20, which
carries distillates from Atlanta to Nashville, Tennessee,
according to a notice sent to shippers on Monday.
Committed information will be available on Tuesday, the pipeline
The company generally announces allocations when nominations, or
requests for space to ship petroleum products on its lines,
exceed its ability to meet the five-day lifting cycle.
The company's cycles are five-
- Fitch cuts outlook for Boeing to "negative"
Fitch Ratings lowered its outlook for
Boeing Co to "negative" from "stable" on Monday, citing
regulatory uncertainty about the timing of its 737 MAX jets'
return to service.
- Deals of the day-Mergers and acquisitions
The following bids, mergers,
acquisitions and disposals were reported by 1345 GMT on Monday:
- CANADA STOCKS-TSX opens higher on gains in energy shares
Canada's main stock index opened higher
on Monday, driven by gains in energy shares on the back of
higher oil prices.
- US STOCKS SNAPSHOT-Wall Street opens higher in crucial earnings week
U.S. stocks opened higher on Monday, led
by technology stocks, as investors eyed fresh trade developments
between the United States and China in a busy week of corporate
earnings, which include reports from Facebook and Amazon.
- MIDEAST STOCKS-Gulf tensions weigh on Saudi market, Abu Dhabi extends winning streak
Saudi Arabia's stock market dropped on
Monday as banks and petrochemical shares weighed on the index
against a backdrop of political tensions in the region, while
Dubai and Abu Dhabi bourses rose sharply on gain
- Grupo Mexico says Navy found no environmental damage after sulfuric acid spill
Mexican mining and
transport firm Grupo Mexico said on Monday that Mexico's Navy
Ministry reported it did not find environmental damage from the
company's sulfuric acid spill at its Guaymas facility on the
Gulf of California.
- Microsoft to invest $1 billion in OpenAI
Microsoft Corp said on Monday
it was investing $1 billion in San Francisco-based OpenAI and
that the two had formed a multi-year partnership to develop
artificial intelligence supercomputing technologies on
Microsoft's Azure cloud computing service.
- UPDATE 1-SNC-Lavalin withdraws 2019 forecast, plans to sell resources unit
Struggling construction and engineering
firm SNC-Lavalin Group Inc on Monday withdrew its
forecast for 2019, citing significantly lower results as it
considers options for its resources unit and exits fixed-price
- MOVES- Credit Suisse, National Australia Bank
The following financial services
industry appointments were announced on Monday. To inform us of
other job changes, email email@example.com.
- US STOCKS-Wall St set to open higher as earnings season gathers steam
* US trade negotiators likely to visit China next week -
- Huawei secretly helped North Korea build, maintain wireless network -Washington Post
Huawei Technologies Co Ltd
, the Chinese company put on a U.S. black list because
of national security concerns, secretly helped North Korea build
and maintain its commercial wireless network, the Washington
Post reported on Monday, citing sources and internal documents.
- MOVES-Britain's Sanne Group names new business development head for Mauritius, India
Britain's Sanne Group said on
Monday it appointed Varounen Goinden as new director and head of
business development for Mauritius and India.
- UPDATE 2-India govt wants antitrust review of Big Four accountants -source
The Indian government
wants the country's antitrust body to assess whether the
so-called "Big Four" auditing firms and their affiliates are
hurting competition in any manner, a senior government official
- The pits: How China's U.S. tariff jab choked a cherry import boom
* Whole trade decimated after U.S. import tariffs hiked to
- SNC-Lavalin expects lower results in 2019, withdraws outlook
Construction and engineering firm
SNC-Lavalin Group Inc on Monday withdrew its forecast
for 2019 and said it expected significantly lower results, as it
plans to explore options for its resources unit and exit
contracts in which a fixed price is agreed for the execution of