FILE PHOTO: A woman exits the Viacom Inc. headquarters in New York, U.S. on April 30, 2013. REUTERS/Lucas Jackson/File Photo November 16, 2017 By Jessica Toonkel and Arjun Panchadar (Reuters) – Viacom Inc <VIAB.O>, owner of MTV, Comedy Central and Paramount, reported mixed quarterly results Thursday as higher-than-expected revenue in […]
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Best Buy falls short with holiday profit forecast
A Best Buy store is pictured in Westminster, Colorado January 16, 2014. REUTERS/Rick Wilking November 16, 2017 By Uday Sampath Kumar (Reuters) – Best Buy Co Inc <BBY.N> reported disappointing third-quarter results on Thursday and forecast holiday-quarter profit below Wall Street estimates as it cut prices to match those offered […]
Britain says no link between 400 million pound debt owed to Iran and jailed aid worker
November 16, 2017 LONDON (Reuters) – British Prime Minister Theresa May’s spokesman said on Thursday there was no link between a 400 million pound ($528 million) debt owed to Iran and the fate of a jailed Iranian-British aid worker. The Sun newspaper reported on Wednesday that Iran had given Britain […]
Exclusive: Mattel snubs Hasbro’s latest acquisition approach – sources
FILE PHOTO: Mattel’s Wonder Woman doll is seen at the 114th North American International Toy Fair in New York City, U.S. on February 21, 2017. REUTERS/Stephanie Keith/File Photo November 16, 2017 By Greg Roumeliotis (Reuters) – Mattel Inc has rebuffed Hasbro Inc’s latest takeover approach, people familiar with the matter […]
ECB more confident it will reach inflation target: Praet
European Central Bank Executive Board Member, Peter Praet, speaks during a conference in Sofia, Bulgaria May 24, 2017. REUTERS/Stoyan Nenov November 16, 2017 FRANKFURT (Reuters) – The European Central Bank has grown more confident that it will reach its inflation target of just under 2 percent after lagging it for […]
Few banks seen queuing for China’s red carpet invite
November 16, 2017 By Sumeet Chatterjee HONG KONG (Reuters) – China stunned the finance world last week when it unveiled plans to allow foreign control of its financial institutions. Few bankers thought their long-held dream of better access to the world’s largest banking market was within reach. The likelihood, however, […]
Merkel allies talk tough ahead of crunch coalition negotiations
Bavarian Interior Minister Joachim Herrmann of Christian Social Union (CSU) arrives to the German Parliamentary Society offices before the exploratory talks about forming a new coalition government held by CDU/CSU in Berlin, Germany, October 26, 2017. REUTERS/Fabrizio Bensch November 16, 2017 By Paul Carrel BERLIN (Reuters) – Allies of German […]
Zimbabwe’s Mugabe resisting army pressure to quit: senior source
Soldiers are seen on the armoured vehicle outside the parliament in Harare, Zimbabwe, November 16, 2017. REUTERS/Philimon Bulawayo November 16, 2017 By MacDonald Dzirutwe HARARE (Reuters) – President Robert Mugabe is insisting he remains Zimbabwe’s only legitimate ruler, an intelligence source said on Thursday, and is resisting mediation by a […]
Singapore suspends trade relations with North Korea
November 16, 2017 SINGAPORE (Reuters) – Singapore has suspended trade relations with North Korea, the latest of Pyongyang’s major trade partners to cut commercial ties under toughening U.N. sanctions over its weapons program, a customs notice obtained on Thursday showed. The move comes about two months after the United States […]
Britain preparing to transfer 400 million pounds to Iran – Telegraph newspaper
Iranian-British aid worker Nazanin Zaghari-Ratcliffe is seen with her husband Richard Ratcliffe and her daughter Gabriella in an undated photograph handed out by her family. Ratcliffe Family Handout via REUTERS November 16, 2017 LONDON (Reuters) – Britain is preparing to transfer over 400 million pounds ($527 million) to Iran as […]