NYSE wins Uber, Pinterest listings -sources

NEW YORK () – Uber Technologies Inc and Pinterest, two of the highest profile internet companies planning to go public this year, have picked the New York Stock Exchange as the venue for their stock listings, according to sources familiar with the matter. FILE PHOTO: A Pinterest banner hangs on the facade of the New

REFILE-Plant protein startups vie to tap China’s hungry market

(This March 20 story fixes detail on launch of JUST product in paragraph 5) FILE PHOTO: Journalists taste test the plant-based hamburgers during a media tour of Impossible Foods labs and processing plant in Redwood City, California, U.S. October 6, 2016. /Beck Diefenbach/File PhotoBy Vincent Chow HONG KONG () – Start-ups specialising in alternative protein,

UPDATE 9-Venezuela detains top aide to Guaido in move U.S. calls ‘big mistake’

CARACAS () – Venezuelan authorities detained opposition leader Juan Guaido’s chief of staff on Thursday in a pre-dawn raid, an escalating crackdown by President Nicolas Maduro against his opponents that the White House said would “not go unanswered.” Maduro’s government accused Roberto Marrero of planning attacks against top political figures, which the opposition said was

UPDATE 3-Levi Strauss shares surge 31 percent in stock market return

() – Shares in Levi Strauss & Co surged 31 percent in their debut on Thursday, giving the jeans maker a market value of $8.7 billion and suggesting strong investor appetite before much-awaited listings from Lyft and Uber. The 165-year-old U.S. company’s return to the public market comes at a time when stocks are near

UPDATE 8-Venezuela detains top aide to Guaido in move U.S. calls ‘big mistake’

CARACAS () – Venezuelan authorities detained opposition leader Juan Guaido’s chief of staff on Thursday in a pre-dawn raid, an escalating crackdown by President Nicolas Maduro against his opponents that the White House said would “not go unanswered.” Maduro’s government accused Roberto Marrero of planning attacks against top political figures, which the opposition said was

Paulson says will not support Newmont takeover bid for Goldcorp

TORONTO () – Paulson & Co will not support Newmont Mining Corp’s planned $10 billion takeover of rival Goldcorp Inc as the premium offered is unjustified, the investor said in a letter on Thursday. FILE PHOTO: Visitors pass the Newmont Mining Corporation booth during the Prospectors and Developers Association of Canada (PDAC) annual convention in

Australia shares set to open higher tracking Wall Street; NZ rises

March 22 () – Australian shares are expected to open higher on Friday after a positive lead from Wall Street, with firmer copper prices likely to support resources stocks. Worries about the U.S. central bank’s signals on the economy were mollified by upbeat U.S. jobs data, which showed initial claims for jobless benefits fell more

Morgan Stanley holds top spot as activist defense firm: data

BOSTON () – Morgan Stanley was ranked as the top adviser to companies targeted by activist investors publicly for the third straight year in 2018 while Goldman Sachs vaulted past two competitors to the number No. 2 spot, according to Refinitiv data published on Thursday. A sign is displayed on the Morgan Stanley building in

UPDATE 3-Russia issues new dollar Eurobond, tops up euro issue

(Changes source to finance ministry, adds detail, organiser’s comment) MOSCOW, March 21 () – Russia raised $3 billion in a new dollar-denominated Eurobond and 750 million euros in a top-up issue of an existing euro-denominated Eurobond, the finance ministry said on Thursday, tapping the global bond market for first time this year. Russia capitalised on

UPDATE 2-Levi Strauss shares surge 31 percent in stock market return

() – Shares in Levi Strauss & Co surged 31 percent in their debut on Thursday, giving the jeans maker a market value of $8.7 billion and suggesting strong investor appetite before much-awaited listings from Lyft and Uber. The 165-year-old U.S. company’s return to the public market comes at a time when stocks are near

UPDATE 1-Key U.S. interest rate breaks critical level before Fed move

NEW YORK () – The U.S. Federal Reserve’s key interest rate broke above a critical level for the first time on Wednesday, according to newly released data, which may raise alarm about the central bank’s effectiveness in controlling short-term rates if the rate increases further. FILE PHOTO: A man passes by the corner stone on

UPDATE 1-Mexican bankers, bosses line up to woo powerful president

ACAPULCO, Mexico () – For two years, financiers at Mexico’s biggest annual banking bash issued veiled warnings about the risk of veteran leftist Andres Manuel Lopez Obrador taking power. FILE PHOTO: Mexico’s President Andres Manuel Lopez Obrador attends a news conference at the National Palace in Mexico City, Mexico February 15, 2019. /Henry Romero/File PhotoNow

UPDATE 2-Temer’s arrest piles political pressure on Brazilian markets

(Adds comment, context, updates prices) By Jamie McGeever and Gabriela Mello BRASILIA/SAO PAULO, March 21 () – Brazilian financial markets tumbled on Thursday as investors feared former President Michel Temer’s arrest on graft charges will slow proposed pension reform seen as critical to injecting life into a tepid economic recovery. Temer, who left office at

Fund managers skittish over Levi’s long-term growth prospects

NEW YORK () – Levi Strauss & Co’s is betting it can convince investors there is still plenty of global growth left for the 165-year old company, but fund managers fret the iconic blue jeans maker’s stock may be too pricey to generate a decent return. The San Francisco-based company returned to the public markets

Bank of England to set new rules on climate risk -Carney

LONDON () – The Bank of England will soon spell out how it wants banks, insurers and investment companies to manage the financial risks from climate change, Governor Mark Carney said on Thursday. FILE PHOTO: Cars caught in flood water after Storm Callum passed through the town of Carmarthen, west Wales, Britain, October 14, 2018.

UPDATE 1-EU offers Brexit delay until May 22 – draft statement

FILE PHOTO: Flags flutter outside the Houses of Parliament, ahead of a Brexit vote, in London, Britain March 13, 2019. /Tom JacobsBRUSSELS () – The European Union will agree to hand Britain a Brexit delay until May 22 if its parliament approves the divorce agreement next week, according to draft conclusions considered by the other

EU offers Brexit delay until May 22 – draft statement

BRUSSELS, March 21 () – The European Union will agree to hand Britain a Brexit delay until May 22 if its parliament approves the divorce agreement next week, according to draft conclusions considered by the other 27 national leaders on Thursday. “The European Union commits to agreeing, before March 29 2019, to an extension until

UPDATE 1-Levi Strauss shares surge 31 percent in stock market return

() – Shares in Levi Strauss & Co surged 31 percent in their debut on Thursday, giving the jeans maker a market value of $8.7 billion and suggesting strong investor appetite before much-awaited listings from Lyft and Uber. The 165-year-old U.S. company’s return to the public market comes at a time when stocks are near

EU agrees watered-down reform of finance supervision

BRUSSELS, March 21 () – European Union governments and lawmakers agreed on Thursday a watered-down reform of the bloc’s financial supervisors that will slightly strengthen the EU watchdogs but will leave large powers in the hands of national authorities. The plan, initially proposed by the EU executive Commission in 2017, was meant to beef up

Kentucky launches probe into drug overcharges by pharmacy benefit managers

() – Kentucky Attorney General Andy Beshear said on Thursday he had launched an investigation into allegations that pharmacy benefit managers (PBMs) had overcharged state health insurance programs for drugs and discriminated against independent pharmacies. The investigation comes against the backdrop of widespread criticism of rising costs of prescription medicines in the United States, with

Deutsche Bank supervisory board debated merger for 3 hours – source

FRANKFURT, March 21 () – Deutsche Bank’s supervisory board debated a possible merger with rival Commerzbank for three hours at a meeting on Thursday, a person with direct knowledge of the matter said. Christian Sewing, Deutsche Bank’s chief executive, informed the board about the possible merger and said the bank was at the beginning of

UPDATE 1-UK watchdog leaves options open after Brexit trading spat with EU

LONDON () – British and European Union market regulators should look beyond public sparring this week over share trading to the “bigger picture” of future relations after Brexit, a senior British regulator said on Thursday. FILE PHOTO: A river boat cruises down the River Thames as the sun sets behind the Canary Wharf financial district

UPDATE 1-Sudan’s Bashir bans hoarding of Sudanese pounds, protests flare

(Adds protests, details, background) By Khalid Abdelaziz KHARTOUM, March 21 () – Sudan’s President Omar al-Bashir banned hoarding of the Sudanese pound and “speculation” on the currency, a presidency statement said on Thursday, as anti-government protesters again clashed with security forces in several cities. Bashir has faced three months of persistent protests calling on him