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California tobacco tax measure risks going up in smoke

* Funds would be set aside for tobacco prevention, research

4:09am IST

UPDATE 1-Chilean retailer Cencosud files for $718 mln U.S. IPO

May 25 - Chilean multi-brand retailer Cencosud S.A. filed with U.S. regulators to raise up to $718 million in an initial public offering of its American Depository Shares.

IPOs, Regulatory News 3:31am IST

UPDATE 3-GM says ad agency work tied to CFO's wife

DETROIT, May 25 - General Motors Co failed to disclose in its 2011 proxy filing that it paid $600,000 for work done by an advertising agency where the wife of GM's chief financial officer works, the automaker said in a regulatory filing on Friday.

3:19am IST

Italy's RCS picks Microsoft exec for turnaround

MILAN, May 25 - Italian loss-making publisher RCS MediaGroup picked Pietro Scott Jovane, the head of Microsoft Italy, to become its chief executive and lead the business turnaround, the company said on Friday.

3:17am IST

EMERGING MARKETS- Latam stocks rise for week on bargain-hunting

* Brazil's Bovespa up 0.74 pct; Mexico's IPC off 0.18 pct

3:11am IST
BSE OIL & GAS -0.07%
BSE BANKEX +0.31%
BSE-IT -0.05%
BSE METALS +0.92%
BSE REALTY +0.54%
BSE AUTO -0.05%
BSE POWER +0.09%
BSE-FMCG -0.46%
BSE-CG +0.89%
BSE-HC -0.13%

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Under pressure, govt to review steep petrol hike

NEW DELHI - India's coalition government opened the way for a partial rollback of the steepest petrol hike in the country's history after two days of street protests and dissent from within its own ranks over the unpopular measure.