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World - China manufacturing index highest in nearly 2 years

An official measure of manufacturing activity in China rebounded to its strongest level in nearly two years last month on improving production and demand, the government said Thursday, boding well for the world`s second-largest economy. The official purchasing managers` index (PMI) came in at 50.4 for August, its highest since October 2014, figures from the National Bureau of Statistics (NBS) showed. It rose from July`s 49.9 and was well ahead of the median forecast of 49.8 in a Bloomberg News survey of economists.

Thursday, September 01, 2016  04:24


Top Stories - Poll: Trump trails Clinton

Hillary Clinton is clinging to just a two-point national lead over Donald Trump, according to a new poll, a far narrower margin than most other surveys show.

Thursday, September 01, 2016  02:43


Most Recent - Poll: Trump trails Clinton by two points

Hillary Clinton is clinging to just a two-point national lead over Donald Trump, according to a new poll, a far narrower margin than most other surveys show.

Thursday, September 01, 2016  02:10


World - Brazilian police fire tear gas at anti-Temer protesters

SAO PAULO (Reuters) - Demonstrations in Brazil`s biggest city against the removal from office of former President Dilma Rousseff on Wednesday devolved into clashes between masked protestors and police, who fired tear gas canisters to clear the streets. Television images showed some protestors smashing windows, vandalizing stores and setting trash on fire in downtown Sao Paulo, while police arrayed in riot gear blocked major roads. (Reporting by Brad Haynes; Editing by Daniel Flynn)

Thursday, September 01, 2016  01:11


World - Brazil`s Temer says time to unite country, rescue economy

BRASILIA (Reuters) - Brazilian President Michel Temer said it was time to unite the country after the impeachment of Dilma Rousseff on Wednesday, vowing to work to rescue an economy mired in recession. In his first address to the nation after being sworn in, Temer said Brazil needs to guarantee political stability for foreign investors. He said the policy outlook is challenging but indicators show confidence is beginning to return. (Reporting by Anthony Boadle; Editing by Leslie Adler)

Thursday, September 01, 2016  00:50


Business - iPhone packaging pics boost headphone rumors

Purported photos of the packaging for Apple`s next iPhone appear to show headphones will plug into the device`s charging port.

Wednesday, August 31, 2016  23:56


Business - Monsanto`s Climate Corp seen profitable by 2020: CTO Fraley

By Karl Plume BOONE, Iowa (Reuters) - Monsanto Co`s digital agriculture platform should begin generating revenue for the seed and chemical company by 2020 as paid subscriptions for data-driven farm management and planting advice services expand, a top executive told Reuters. Revenues from the Climate Corporation business, acquired in 2013 for nearly $1 billion, are expected to be in the hundreds of millions of dollars by then, Robb Fraley, Monsanto`s chief technology officer said in an interview at the Farm Progress industry show. `By the turn of the decade it will be a clear cash generator for the business,` Fraley said, noting it will still be a fraction of Monsanto`s total sales.

Wednesday, August 31, 2016  23:32


World - Douglas says he wasn`t eye-gouged by All Black

Australian lock Kane Douglas on Thursday dismissed claims that All Blacks prop Owen Franks eye-gouged him during last weekend`s fiery Bledisloe Cup clash in Wellington. Wallabies coach Michael Cheika raised the allegation immediately after his side`s 29-9 loss, pointing to video footage showing Franks` hand move across Douglas` face. Cheika was angry French referee Romain Poite took no action, despite having a clear view of the incident.

Thursday, September 01, 2016  02:22


Top Stories - New Alzheimer`s drug shows promise

An experimental drug shattered and removed toxic plaques in the brains of patients with early-stage Alzheimer`s disease, researchers said Thursday. Given to patients once a month for a year, infusions of the drug aducanumab cleared the brain of the deposits, which experts believe play a crucial role in disrupting cellular processes and blocking communication among nerve cells.

Thursday, September 01, 2016  01:30


Business - SolarCity advisor Lazard made mistake in deal with Tesla

Lazard Ltd, the investment bank that advised SolarCity Corp on its $2.6 billion sale to Tesla Motors Inc, made an error in its analysis that discounted the value of the U.S. solar energy company by $400 million, a regulatory filing by Tesla showed on Wednesday. While the purchase price was within the valuation range that Lazard came up with for SolarCity even after accounting for the miscalculation, the error illustrates how even leading investment banks can make mistakes on some of the most high-profile deals. The mistake came after Tesla and SolarCity co-founder Elon Musk, who is the largest shareholder in both companies, went out of his way to create processes and structures, including a special board committee at SolarCity, aimed at alleviating concerns that he used his influence to force the two companies into a deal.

Thursday, September 01, 2016  01:09

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