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January 15, 2019 11:05 PM U.S. Senate advances measure to block Trump administration from easing Russia sanctions

WASHINGTON (Reuters) - The U.S. Senate voted on Tuesday to move ahead with a resolution disapproving of a Trump administration plan to ease sanctions on Russian aluminum giant Rusal (0486.HK), its parent En+ and power firm EuroSibEnergo. While the vote did not determine the fate in the Senate of the resolution, it broke with Republican President Donald 4139 2

January 15, 2019 8:00 PM McDonald's loses 'Big Mac' trademark case to Irish chain Supermac's

(Reuters) - McDonald’s Corp (MCD.N) has lost its rights to the trademark “Big Mac” in a European Union case ruling in favor of Ireland-based fast-food chain Supermac’s, a decision from the EU’s Spain-based Intellectual Property Office (EUIPO) showed. The judgment, provided to Reuters by Supermac’s, revoked McDonald’s registration of the trademark, saying 4018

January 15, 2019 7:48 PM Exclusive: Brazil's Odebrecht offers debt-for-equity swap for Atvos unit

SAO PAULO (Reuters) - Corruption-ensnared Odebrecht SA [ODBES.UL] has proposed that creditors take over its sugar and ethanol unit, Atvos Agroindustrial Participacoes SA, in exchange for reducing Odebrecht’s huge debt load, according to two sources with knowledge of the matter. The move is the latest sign of the radical way in which Brazilian conglomerate 3898

January 15, 2019 3:37 PM Walgreens and Microsoft partner to develop digital healthcare services

(Reuters) - Drugstore chain Walgreens Boots Alliance Inc and Microsoft Corp said on Tuesday they have entered a seven-year agreement to research and develop new methods of delivering healthcare services through digital devices. As a part of the deal, the companies will focus on virtually connecting people with Walgreens stores and provide services on therapeutic 3640

January 11, 2019 6:22 PM What's moving markets today

The British pound briefly jumped as much as 0.5% to above $1.28 after the Evening Standard newspaper said Brexit could be delayed. The London newspaper, which is edited by former UK treasury chief George Osborne, cited UK cabinet ministers as the source of the information. The UK is scheduled to leave the EU on March 29, but Prime Minister Theresa May has not yet secured 176

January 9, 2019 10:05 PM Volkswagen hires Apple executive for autonomous vehicle role

FRANKFURT (Reuters) - Volkswagen AG (VOWG_p.DE) said on Wednesday it had hired an executive from Apple (AAPL.O) as a director responsible for technical development at its commercial vehicles division. Alexander Hitzinger, 47, will also take group-wide responsibility for VW’s efforts to develop self-driving vehicles as well as offer “Mobility as a Service 207

January 9, 2019 1:31 PM Israeli high-tech firms raised record $6.47 billion in 2018

TEL AVIV (Reuters) - Israeli private high-tech companies raised a record $6.47 billion in 2018, up 17 percent from 2017, the Israel Venture Capital Research Center and ZAG law firm said on Wednesday. In the fourth quarter high-tech firms raised a record $1.82 billion, up 8 percent from the third quarter, the IVC-Zag report showed. “Most of the capital 215

January 8, 2019 4:16 PM Like Apple, Samsung Feels Sting of Slowed Global Economic Growth

(NEW YORK) — Samsung expects its quarterly operating profit to fall 29 percent compared with last year, potentially unsettling a tech sector already skittish about slowing global economic growth. The announcement from the South Korean computer chip and smartphone giant comes less than a week after a weak outlook from Apple Inc. jolted markets 168

January 8, 2019 7:18 AM Group close to India's ruling party seeks change in patent act after pro-Monsanto court verdict

MUMBAI (Reuters) - A nationalist group close to Indian Prime Minister Narendra Modi’s party said on Tuesday it would seek a legislative amendment to the rules governing patents, after the country’s top court ruled in favor of Monsanto’s cotton seed patent. The Supreme Court allowed Monsanto to claim patents on its genetically modified cotton seeds in the world’s 112

January 7, 2019 5:25 PM Sanofi to pay Regeneron $462 million in revised immuno-oncology deal

PARIS (Reuters) - Sanofi will pay Regeneron some $462 million in a revision of their deal in immuno-oncology, a growing sector in healthcare research which aims to help the body’s own immune system fight cancer. The two companies said the new arrangement would give France’s Sanofi increased flexibility to advance its early-stage immuno-oncology pipeline 140