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Reuters Business News Schedule at 1330 GMT/8:30 AM ET

Tue, 27th Mar 2018 13:34

Editor: Louise Heavens, +44 207 542 1897

Global Picture Desk: +65 6870 3775

Global Graphics Desk: + 65 6870 3595

(All times GMT / ET)

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http://mediaexpress.reuters.com

TOP STORIES

Akzo Nobel reshapes business with 10 billion euro sale

AMSTERDAM - Akzo Nobel will sell its chemicals business in a10.1 billion euro ($12.6 billion) deal to buyers led by CarlyleGroup, the maker of Dulux paints says, making good on a promisemade as it fought off a takeover last year. (AKZONOBEL-DIVESTITURE/CARLYLE GROUP (UPDATE 3, PIX), xxxx by TobySterling and Bart H. Meijer, 659 words)

GSK buys out Novartis in $13 bln consumer healthcareshake-up

ZURICH - GlaxoSmithKline is buying Novartis out of theirconsumer healthcare joint venture for $13 billion, taking fullcontrol of products including Sensodyne toothpaste, Panadolheadache tablets, muscle gel Voltaren, and Nicotinell patches.(NOVARTIS-GSK/ (UPDATE 3, PIX), moved, by Michael Shields, 586words)

Deutsche Bank begins CEO search as it runs out of quickfixes - sources

FRANKFURT - Deutsche Bank has begun the search for a newchief executive, two people familiar with the matter say, asinvestors grow frustrated with the slow turnaround of theloss-making German lender. (DEUTSCHE BANK-CEO/ (UPDATE 2),expected 1400 GMT, by Andreas Framke and Tom Sims, 600 words)

U.S. seeks China trade moves on autos, financials, chips-sourceWASHINGTON/BEIJING - Top Trump administration officials areasking China to cut tariffs on imported cars, allow foreignmajority ownership of financial services firms and buy moreU.S.-made semiconductors in negotiations to avoid plans to slaptariffs on a host of Chinese goods and a potential trade war.(USA-TRADE/CHINA (WRAPUP 3, TV), moved, by David Lawder and RyanWoo, 892 words)

MARKETS

Risk assets jump on reports of U.S.-China trade talks

LONDON - Stock markets jump as reports that the UnitedStates and China were negotiating to avert a trade war whetinvestors' appetite for riskier assets. (GLOBAL-MARKETS/(WRAPUP 5, PIX), updating throughout the day, by Tom Pfeiffer ,517 words)

Euro falls as concerns about low inflation resurface

LONDON - The euro falls, as concerns about weak inflationand a slowdown in company borrowing raises questions about themomentum of the euro zone's economic expansion. (GLOBAL-FOREX/(UPDATE 4), updating throughout the day, by Tommy Wilkes and TomFinn, 599 words)

Oil holds above $70 as geopolitics eclipses supply outlook

LONDON - Oil rises, holding above $70 a barrel for a thirdday, supported by concerns that tensions in the Middle Eastcould lead to supply disruptions, although with global outputrising fast, investors remain cautious. (GLOBAL-OIL/ (CORRECTED,UPDATE 4, PIX), updating throughout the day, by Amanda Cooper,450 words)

ECONOMY

Euro zone sentiment falls in March, casting doubt on growthoutlook

BRUSSELS - Economic sentiment in the 19-countries sharingthe euro slipped for the third month in a row in March, datafrom the European Commission shows, suggesting economic growthin the bloc was not as steady as previously thought.(EUROZONE-ECONOMY/SENTIMENT (UPDATE 1), moved, by Robert-JanBartunek, 392 words)

Bank of England considered bank capital buffer hike butwaiting to watch risks

LONDON - The Bank of England says it considered this monthincreasing the amount of money banks must set aside to countertheir risks as lending in Britain grows, but it held off takinga decision until June. (BRITAIN-EU/BOE (UPDATE 1), moved, byWilliam Schomberg and Andrew MacAskill, 439 words)

COMPANIES

H&M Q1 profit plunges as it warns of more price cuts ahead

STOCKHOLM - H&M warns of further prices cuts to shift unsoldclothes after the Swedish fashion retailer reported a 61 percentdive in first-quarter profit that knocked its shares.(H&M-RESULTS/ (UPDATE 2, PIX), moved, by Anna Ringstrom andHelena Soderpalm, 347 words)

Amazon targets French grocery market with Monoprix deal

PARIS - U.S. e-commerce giant Amazon makes further inroadsinto food retail in France as Casino's upmarketMonoprix chain became the first local retailer to agree to sellgroceries via Amazon. (AMAZON-CASINO/FRANCE (UPDATE 2, PIX),moved, by Dominique Vidalon and Sudip Kar-Gupta, 483 words)

Rift deepens between Apple, India's telecom regulator overanti-spam app

NEW DELHI/SAN FRANCISCO - U.S. technology giant Apple Incand India's telecoms regulator are at loggerheads over thedevelopment of a government anti-spam mobile application, withuser privacy at the heart of a deepening rift between the twosides. (APPLE-INDIA/ (PIX), moved, by Aditya Kalra and StephenNellis, 727 words)

Facebook's Zuckerberg will not answer UK lawmakers'questions over data scandal

LONDON - Facebook boss Mark Zuckerberg will not answerquestions from British lawmakers over how millions of users'data got into the hands of political consultancy CambridgeAnalytica as the company faces further pressure on both sides ofthe Atlantic. (FACEBOOK-CAMBRIDGE ANALYTICA/BRITAIN (UPDATE 2,PIX), moved, 225 words)

GM says S.Korean unit will file for bankruptcy if no unionconcessions by April 20

SEOUL - General Motors says its loss-making South Koreanoperations will file for bankruptcy if its union does not agreeto cut labour costs by April 20, heaping pressure on workers andthe South Korean government to swiftly agree a rescue plan.(GM-SOUTHKOREA/UNIONS (UPDATE 3, PIX), moved, by Hyunjoo Jin,682 words)

Melrose makes 5-yr commitment to GKN's aerospace arm aftergovernment intervenes

LONDON - Melrose commits to a five-year ownership of GKN'sAerospace division if it succeeds in its hostile bid for theengineering company after the British government made a rareintervention in the high-profile takeover battle.(GKN-M&A/MELROSE (UPDATE 1, PIX), moved, by Kate Holton, 643words)

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23 Jun 2023 15:51

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
12 Jun 2023 14:57

Caspian Sunrise agrees sale of 50pc of Explorer vessel

(Sharecast News) - Gas and oil explorer Caspian Sunrise announced the conditional sale of a 50% stake in the Caspian Explorer drilling vessel for cash consideration of $22.5m on Monday.

Read more
12 Jun 2023 11:55

Caspian Sunrise sells 50% of Caspian Explorer; well hit by sanctions

(Alliance News) - Caspian Sunrise on Monday said it sold 50% of the Caspian Explorer to Stepping Stone Investments Ltd.

Read more
7 Mar 2023 17:11

TRADING UPDATES: Caspian Sunrise signs charter contract, eyes further

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
7 Mar 2023 16:47

Caspian Sunrise agrees first major hire of Explorer rig

(Sharecast News) - Caspian Sunrise announced the signing a contract chartering the Caspian Explorer, its bespoke drilling vessel, to the Isatay Operating Company on Tuesday, for a well set to be drilled in summer 2024.

Read more
20 Feb 2023 13:26

IN BRIEF: Caspian Sunrise says 2024 charter agreement terms finalised

Caspian Sunrise PLC - oil and gas exploration company operating in Central Asia, especially in Kazakhstan - Says the terms of the charter agreement for the drilling vessel Caspian Explorer, previously announced for 2024 in mid-January, have now been agreed. Says the formal signing is scheduled for late March.

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30 Jan 2023 12:12

Caspian Sunrise notes oil flow at deep well 802 before completion

(Alliance News) - Caspian Sunrise PLC on Monday said that its deep well 802 at the BNG contract area in the south-west of Kazakhstan is flowing at between 700 to 900 barrels of oil per day, as oil was discovered before the well was completed.

Read more
16 Jan 2023 11:51

IN BRIEF: Caspian Sunrise shares up on tender win to drill well

Caspian Sunrise PLC - Kazakhstan-focused oil & gas exploration and production company - Says its bespoke drilling vessel Caspian Explorer wins a tender to drill a deep well in the Caspian Sea, with the formal contract expected to be signed by the end of February. Says the well is scheduled to be drilled in the summer of 2024, to a planned depth of 2,500 meters. Expects work to take about two months.

Read more
22 Dec 2022 10:51

Caspian Sunrise expecting deep well drilling results by end of January

(Alliance News) - Caspian Sunrise PLC on Thursday said drilling continued in its deep wells, as work progresses to increase shallow well production.

Read more
11 Nov 2022 08:42

LONDON MARKET OPEN: Prudential and miners rise on positive China news

(Alliance News) - China exposed stocks led the way in London on Friday morning, while the pound continued to get a boost from a cooler-than-expected US inflation reading, despite glum UK economic figures.

Read more
7 Nov 2022 10:47

AIM WINNERS & LOSERS: PayPoint buys Appreciate; Joules sinks

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

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4 Nov 2022 13:48

Caspian Sunrise declares its first ever dividend

(Sharecast News) - Caspian Sunrise declared its maiden dividend, as well as the creation of a new oil trading division, in an update on Friday.

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4 Nov 2022 11:04

AIM WINNERS & LOSERS: Enwell loses Ukraine license; Thor strikes gold

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

Read more
4 Nov 2022 10:58

Caspian Sunrise shares soar on plan to avoid Russia price discount

(Alliance News) - Caspian Sunrise PLC on Thursday announced the creation of a new oil trading division, updated on its current operations, and declared a maiden dividend of 0.04 pence per share.

Read more
26 Sep 2022 13:38

EARNINGS UPDATES: Devolver Digital and Jangada swing to interim loss

(Alliance News) - The following is a round-up of earnings reports by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more

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