mitsubishi motors used improper mileage data for other models: media

mitsubishi motors corp used improper fuel economy data for additional models that are no longer being sold and plans to report on the matter soon to japan's transport ministry, local media reported on wednesday. mitsubishi motors in april a

2016-06-14 05:00:48  

asian shares slip, safe assets shine on brexit anxiety

by hideyuki sano tokyo (reuters) - asian shares dipped to near three-week lows while safe haven assets such as u.s. bonds and the yen were in demand on wednesday on growing anxiety britain will choose to leave the european union next week. mainl

2016-06-14 04:40:29  

doubleline's gundlach says 'central banks are losing control'

jeffrey gundlach, the chief executive of doubleline capital, said on tuesday investors are dropping risky assets and turning to safer securities including treasuries and gold because they are losing faith in central banks. the man known on wall

2016-06-14 02:38:46  

canada online gambling firm amaya says board nominee withdraws candidacy

canadian online gambling company amaya inc said on tuesday that proposed board nominee paul mcfeeters was unable to serve due to personal reasons. mcfeeters cited reasons unrelated to the company, amaya said in a press release. the company'

2016-06-14 02:34:36  

humans probably caused fort mcmurray wildfire: canadian police

by nia williams calgary, alberta (reuters) - the fort mcmurray wildfire in northern alberta that forced the evacuation of 90,000 residents and shut in more than a million barrels per day of oil output was most likely caused by human activity, th

2016-06-14 02:28:21  

global stocks fall, bund yields go negative on brexit fears

safe-haven german bund yields fell below zero on tuesday for the first time and global equity markets slid for a fourth day in a row on intensifying worries about a potential british exit from the european union next week. polls and bookmakers&#

2016-06-14 12:46:53  

guilty plea seen for wall street scion caspersen in fraud case

wall street executive andrew caspersen will likely plead guilty next month to criminal charges over an alleged $150 million fraud scheme, after compulsive gambling drove him to make huge, failed bets against the u.s. stock market, his lawyer sai

2016-06-14 12:38:01  

tsx falls for fifth straight day as financial slide

by fergal smith toronto (reuters) - canada's main stock index fell for a fifth straight day on tuesday, hitting a three-week low as financial and resource stocks retreated ahead of britain's vote on whether to leave the european union.

2016-06-14 12:33:52  

conocophillips pipe spills light oil near alberta caribou range

a conocophillips pipeline has leaked nearly 2,400 barrels of condensate, an ultra-light form of oil, within an endangered caribou and grizzly bear range in west-central alberta, the company said on tuesday. the alberta energy regulator (aer) iss

2016-06-14 12:28:51  

tribune media launches auction of digital, data business: sources

tribune media co, one of the largest u.s. tv station operators, has launched an auction to divest its digital and data business in a sale it hopes will fetch at least $800 million, according to three people familiar with the matter. the move rep

2016-06-14 12:25:45  

fed faces battle to escape world's low interest rate grip

by howard schneider washington (reuters) - evidence that the u.s. neutral rate of interest remains stalled near zero may slow federal reserve rate hikes even more than expected, tying the hands of policymakers until a rebound in global demand or

2016-06-14 12:11:26  

wide deal spreads make juicy targets for some investors

shares of a number of u.s. companies eyed in high-profile deals are trading significantly below their intended acquisition prices on worries that the deals will die, presenting an opportunity for some big-name investors. the deal spreads span 10

2016-06-14 11:28:28  

u.s. declines to say if boeing has license to sell planes to iran

the u.s. state department said on tuesday it could not address whether boeing has obtained a license to sell commercial aircraft to iran, but a spokesman said the iran deal allows licensing of commercial aircraft sales on a case-by-case basis. t

2016-06-14 11:25:19  

morgan stanley's gorman says bank eyeing $1 billion in ficc trading per quarter

morgan stanley is eyeing quarterly revenue of around $1 billion for its fixed income, currencies and commodities trading unit, chief executive james gorman said on tuesday. the wall street bank is seeing revenues grow in its bond trading busines

2016-06-14 11:13:33  

ceo pay in 2015 tamed by bond yields, fed expectations

chief executives of the biggest u.s. corporations saw their pay rise in 2015 at the slowest rate in seven years, but it's not because their boards were suddenly getting tough. the main cause was something far more arcane: bond yields and in

2016-06-14 10:31:12  

south korea probe into lotte group widens with more raids

by joyce lee and erwin seba seoul/lake charles, la (reuters) - south korean prosecutors expanded their investigation into lotte group on tuesday with raids on at least ten firms including its biggest listed unit lotte chemical , heaping further

2016-06-14 10:17:26  

canadian finance minister urges britain to stay in eu

by david milliken london (reuters) - canada's finance minister urged britons on tuesday to vote to stay in the european union in next week's referendum and warned them that jobs with canadian firms based in britain could be at risk if

2016-06-14 08:16:18  

neiman marcus' same-store sales fall amid apparel slowdown

(reuters) - u.s. luxury fashion retailer neiman marcus group ltd llc [nmrcus.ul] reported its third straight quarterly drop in sales at established stores and a nearly 81 percent fall in profit amid a slowdown in apparel spending. apparel retail

2016-06-14 08:13:59  

valeant ceo open to selling core assets if price is right

by allison lampert laval, quebec (reuters) - valeant pharmaceuticals international inc's new chief executive officer left the door open to selling major assets on tuesday as the company tries to reduce its massive debt load. joe papa, who r

2016-06-14 07:46:56  

exclusive: ecb would pledge to backstop markets after a brexit - sources

by john o'donnell and balazs koranyi frankfurt (reuters) - the european central bank would publicly pledge to backstop financial markets in tandem with the bank of england should britain vote to leave the european union, officials with know

2016-06-14 07:21:51  

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