NEW DELHI/KOLKATA (Reuters) – Prime Minister Narendra Modi’s Hindu-nationalist party scored a historic victory in India’s general election, his foreign minister said on Thursday, as officials counted hundreds of millions of votes after the massive, multi-stage poll. BJP supporters celebrate after learning the initial election results outside the party headquarters in New Delhi, India, May […]
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Investment platform AJ Bell’s profit surges on customer growth
May 23 (Reuters) – Investment platform AJ Bell Plc reported higher first-half pretax profit on Thursday as it signed up more customers and managed assets rose. AJ Bell, which was founded in 1995 using 10,000 pounds in personal loans in a small office in Manchester, said pretax profit rose 27% to 17.7 million pounds ($22.38 […]
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Britain’s Serco buys U.S. defence supplier NSBU for $225 mln
EDINBURGH, May 23 (Reuters) – British outsourcer Serco will buy Alion’s Naval Systems Business Unit (NSBU), a provider of ship and submarine engineering services to the U.S. Navy, for $225 million, Serco said on Thursday. The purchase of NSBU will be financed through debt and equity and is expected to boost earnings from its first […]
Read MoreExclusive: Chile’s Codelco set for copper output hit as key mine goes underground
SANTIAGO (Reuters) – Codelco’s giant Chuquicamata mine is set for a 40% drop in production over the next two years, an internal forecast seen by Reuters shows, pointing to the sharp challenge facing the world’s top copper miner as it scrambles to maintain output. FILE PHOTO: A dump truck carries copper ore out of Chuquicamata […]
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After the police killed her son, a mother fights for answers
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Swanson, Freeman go back-to-back as Braves beat Giants 9-2
CLOSE SAN FRANCISCO (AP) — Atlanta Braves left-hander Max Fried has received more run support this season than any other pitcher in the National League. Dansby Swanson and Freddie Freeman — with some help from San Francisco’s defense — helped keep that trend going on a night when Fried wasn’t his sharpest. Swanson and Freeman […]
Read MoreARM supply halt deals fresh blow to Chinese tech giant Huawei
LONDON (Reuters) – British chip designer ARM halted relations with Huawei to comply with a U.S. blockade of the company, potentially crippling the Chinese telecom company’s ability to make new chips for its future smartphones. FILE PHOTO: Women walk past a Huawei P30 advertising LED board at a shopping centre in Bangkok, Thailand May 22, […]
Read MoreNestle and Fonterra mull sale of dairy joint venture in Brazil
FILE PHOTO: A logo is pictured during the 152nd Annual General Meeting of Nestle in Lausanne, Switzerland April 11, 2019. REUTERS/Denis Balibouse/File Photo ZURICH (Reuters) – Swiss food group Nestle SA and New Zealand’s dairy producer Fonterra Co-operative Group said they would review strategic options for their Dairy Partners Americas (DPA) joint venture in Brazil, […]
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UPDATE 1-Activist investor ValueAct urges Madame Tussauds-owner Merlin to go private
(Reuters) – Activist shareholder ValueAct on Thursday urged Merlin Entertainments to go private and said the owner of Madame Tussauds, the London Eye and Alton Towers could be valued at about 4 pounds a share, 20% more than its current price. That would value the Legoland owner at more than 4 billion pounds ($5.06 billion). […]
Read MoreNovartis has 25 blockbusters in the pipeline: CEO
FILE PHOTO: Logo of Swiss drugmaker Novartis is seen at its branch in Schweizerhalle near Basel, Switzerland, March 29, 2018. REUTERS/Arnd Wiegmann/File Photo ZURICH (Reuters) – Novartis has 25 potential blockbuster treatments in development, the company said ahead of a management event in the United States on Thursday. “Our pipeline is industry-leading with more than […]
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INDIA LIVE-A call for reform as Modi’s coalition looks headed for runaway win
May 23 (Reuters) – 0520 GMT: MODI URGED TO INITIATE REFORMS AS EARLY COUNTS SHOW HIS COALITION IN STRONG LEAD Prime Minister Narendra Modi was urged to bring strong reforms in his second term as trends in the counting of votes in the general election showed his Bharatiya Janata Party (BJP)-led alliance winning a comfortable […]
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Stephen Colbert, Seth Meyers recap Trump’s ‘nationally televised hissy fit’ over Nancy Pelosi
“Today, there really is just one big story: America’s step-daddy is angry,” Stephen Colbert said on Wednesday’s Late Show. Frustrated Democrats are starting to push for impeachment, and after a meeting Wednesday morning to calm down her caucus, House Speaker Nancy Pelosi (D-Calif.) emerged and said she believes Trump “is engaged in a cover-up.” Colbert […]
Read MoreDeutsche Bank investors meet amid questions on strategy, leadership
FILE PHOTO: The headquarters of Germany’s Deutsche Bank are photographed early evening in Frankfurt, Germany, January 31, 2017. REUTERS/Kai Pfaffenbach FRANKFURT (Reuters) – Investors in Deutsche Bank are gathering on Thursday for an annual meeting that is expected to be dominated by questions over the bank’s strategy and leadership just days after shares hit a […]
Read MoreUPDATE 4-ARM supply halt deals fresh blow to Chinese tech giant Huawei
LONDON (Reuters) – British chip designer ARM halted relations with Huawei to comply with a U.S. blockade of the company, potentially crippling the Chinese telecom company’s ability to make new chips for its future smartphones. FILE PHOTO: Women walk past a Huawei P30 advertising LED board at a shopping centre in Bangkok, Thailand May 22, […]
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UK Stocks-Factors to watch on May 23
May 23 (Reuters) – Britain’s FTSE 100 index is seen opening 27 points lower at 7,307 on Thursday, according to financial bookmakers. * MERLIN: Activist investor ValueAct confirmed an earlier Financial Times report which stated that it urged Merlin Entertainments, the owner of Madame Tussauds, the London Eye, Alton Towers, to go private. * ACACIA: […]
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UPDATE 1-MOVES-Former Platts LNG executive joins Australia’s GLX
(Updates with comments from GLX) SINGAPORE, May 23 (Reuters) – * Marc Howson, a former liquefied natural gas (LNG) executive from S&P Global Platts, has joined Australian LNG trading platform Global LNG Exchange (GLX) on Tuesday, GLX Chief Executive Damien Criddle told Reuters on Thursday * Based in Singapore, Howson has been appointed as managing […]
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Huskers strike early, beat Gophers 8-2 in Big Ten Tournament
CLOSE OMAHA, Neb. (AP) — Spencer Schwellenbach’s bases-loaded double highlighted Nebraska’s five-run third inning, and the fifth-seeded Cornhuskers went on to beat No. 4 seed Minnesota 8-2 in the Big Ten Tournament on Wednesday night. Matt Waldron (6-3) scattered six singles, walked none and struck out nine in 7 1/3 innings as the Cornhuskers (29-20) […]
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Hawkeyes upset No. 1 seed Indiana 4-2 in Big Ten Tournament
CLOSE OMAHA, Neb. (AP) — Cole McDonald allowed five hits and struck out nine in eight innings, and bottom seed Iowa knocked off regular-season champion Indiana 4-2 in the Big Ten Tournament on Wednesday night. The Hawkeyes (31-22), swept by Indiana in a three-game series in March and losers of five straight entering the tournament, […]
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Ex-NFL star Kellen Winslow's rape trial: Witness refuses to look at 'rapist' in court
CLOSE Kellen Winslow II was recently charged with the rape of two transient women and a homeless community in San Diego is now shaken because of it. USA TODAY VISTA, Calif. — A 59-year-old homeless woman took the witness stand here Wednesday and refused to even look at the man she identified as her rapist […]
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Soldier reunited with puppy he rescued from Syria
“Today, there really is just one big story: America’s step-daddy is angry,” Stephen Colbert said on Wednesday’s Late Show. Frustrated Democrats are starting to push for impeachment, and after a meeting Wednesday morning to calm down her caucus, House Speaker Nancy Pelosi (D-Calif.) emerged and said she believes Trump “is engaged in a cover-up.” Colbert […]
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