Thursday, May 17, 2018
An Indie-Rock Star at 18? Snail Mail Is Figuring It Out
Lindsey Jordan writes astute, emotional indie-rock songs that imply a lifetime of wisdom beyond her 18 years. Her debut album for Matador Records, “Lush,” is due in June.
China approves sale of $18 bln Toshiba chip unit to Bain-led consortium -NHK
TOKYO, May 17 (Reuters) - China regulatory authorities have approved the $18 billion sale of Toshiba Corp's chip unit to a consortium led by U.S. private equity firm Bain Capital, Japanese public broadcaster NHK reported on Thursday, without citing sources.
UPDATE 4-Oil nears $80 after hitting highest since Nov 2014
* Asia's oil spending has doubled since 2015/16 price lows (Recasts, updates throughout)
UPDATE 1-Commodities stocks and Ocado buoy European equities
* Results lift Altice, but hit Maersk shares (Recasts, adds quotes and detail, updates prices)
UPDATE 2-U.S. tech giants' advance drives Germany's Ceconomy to consolidation
* Affirms 2017/18 guidance (Adds details from conference call)
GLOBAL MARKETS-Government borrowing costs rise as oil heads back to the 80s
LONDON, May 17 (Reuters) - The dollar took a breather at a five-month high on Thursday, though government borrowing costs continued to grind upwards as oil prices hit their highest since 2014 at almost $80 a barrel.
China says no one can carry out oil, gas activities in Chinese waters without Beijing's permission
BEIJING, May 17 (Reuters) - China's Foreign Ministry said on Thursday that no country, organisation, company or individual can carry out oil and gas exploration or exploitation in Chinese waters without permission from Beijing.
UPDATE 3-Ocado shares soar as it lands major deal with Kroger to enter the U.S.
* Ocado's shares leap as much as 50 pct to record high (Adds CFO comments)
Hong Kong Journal: Could a Colonial-Era Golf Club Solve Hong Kong’s Housing Woes?
The Hong Kong Golf Club has become the focal point of a citywide debate about how to use an increasingly scarce and valuable resource: land. 
Fertility Rate Fell to a Record Low, for a Second Straight Year
Shannon Hettinger, 32, of Washington, D.C., said she definitely wanted children but for now was focused on her career. “Once I achieve a certain level of success,” she said, “then I’ll start thinking about a family.” 
MIDEAST STOCKS-Gulf largely ignores high oil prices; Alawwal Bank rises again
DUBAI, May 17 (Reuters) - Saudi Arabia and other Gulf markets failed to reflect strength in oil prices on Thursday, with geopolitics continuing to weigh on investor sentiment, though Saudi bank Alawwal soared again on its merger plans.
Mining tech firm Outotec expects fewer orders from Iran
HELSINKI, May 17 (Reuters) - Finnish mining technology company Outotec expects order intake from Iran to slow after U.S. President Donald Trump's order to reimpose sanctions on Tehran, the company's finance chief said on Thursday.
UPDATE 1-EU court upholds insecticide ban to protect bees
LUXEMBOURG, May 17 (Reuters) - An EU court upheld on Thursday a partial ban on three insecticides known as neonicotinoids, saying that the European Commission had been right in 2013 to restrict their use to protect bees.
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