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January 12, 2019 3:05 AM Pemex's New York roadshow spooks investors, yields spike

MEXICO CITY (Reuters) - Yields on the debt of Mexican state-run oil company Pemex rose sharply this week after the company failed during presentations in New York to lay out a clear plan to reduce debt and increase output, analysts said. Pemex faces the possibility of a credit ratings downgrade due to costly proposals by the new government of leftist 180

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 136

January 10, 2019 11:05 AM Zimbabwe doctors end strike without deal as unions meet government

HARARE (Reuters) - Zimbabwean doctors on Thursday ended a 40-day strike for better pay and conditions that crippled public hospitals without a deal on salary increases, their union said, but warned that members may not report for work daily due to acute fuel shortages. The announcement by the Zimbabwe Hospital Doctors Association (ZHDA) came just hours 126

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 168

January 7, 2019 7:53 PM Ed McCaffrey to serve as commissioner of Pacific Pro Football

SAN DIEGO -- Don Yee, the agent for Tom Brady and other NFL stars, and three-time Super Bowl champion Ed McCaffrey will head Pacific Pro Football, a league that will provide an alternative path to the NFL that has never existed. Pacific Pro Football announced Monday that it is scheduled to begin play in July 2020 with four teams in Southern California 78

January 7, 2019 2:20 PM Hill-Rom, Wells Fargo's VC invest in Israel's EarlySense

TEL AVIV (Reuters) - EarlySense, an Israeli maker of medical monitoring systems, said on Monday it raised $39 million in financing led by medical technology firm Hill-Rom and Wells Fargo Strategic Capital, the venture capital arm of Wells Fargo & Co. Other new investors include BlueRed Capital, Israel Innovation Fund, Argos Capital and Hotung Capital 121

January 4, 2019 9:36 AM UK pay gap between CEOs and staff widens -lobby group

LONDON (Reuters) - The earnings of Britain’s top bosses will match a typical worker’s entire annual salary even faster than last year, hitting the mark by Friday lunchtime, a report by the Chartered Institute of Personnel & Development and High Pay Centre said. The widening pay gap comes despite pressure from leading investors for excessive pay to be reined 86

January 2, 2019 6:23 PM Carl's Jr launches vegan Beyond Meat burgers

(Reuters) - Plant-based meat company Beyond Meat said on Wednesday burger chain Carl’s Jr would add the firm’s vegan imitation meat to its menu, the latest big-name restaurant chain to tweak its offerings to attract vegans and vegetarians. Los Angeles-based Beyond Meat, which counts actor Leonardo Di Caprio and Microsoft Corp founder Bill Gates as investors 93

December 25, 2018 7:12 AM Talks to get Russian automaker GAZ off U.S. sanctions list ongoing: Siluanov

MOSCOW (Reuters) - Talks aimed at lifting U.S. sanctions on Russian automaker GAZ (GAZA.MM) are ongoing with the U.S. Treasury Department, and the company is implementing internal measures to encourage the process, Russian Finance Minister Anton Siluanov said. The U.S. Treasury extended a deadline for investors to divest from GAZ to March 7, a day after 75

December 21, 2018 5:01 PM Exclusive: Mitsui, Saudi Aramco, Russia's RDIF in talks to buy Arctic LNG 2 stakes

MOSCOW/DUBAI (Reuters) - Japan’s Mitsui & Co Ltd (8031.T), Russian sovereign wealth fund RDIF and Saudi Aramco are in talks to buy stakes in Novatek’s (NVTK.MM) Arctic LNG 2 project, with the size of the investments still to be decided, sources familiar with the talks told Reuters. Novatek plans to start producing LNG at Arctic LNG 2 in 2022-2023. The plant 101