Europe Business

Ghana's Cocobod in talks with international lenders for $300 mln medium-term loan

20/09 Ghana's industry regulator Cocobod is in talks with international lenders for a $300 million medium-term loan on top of a $1.3 billion syndicated facility signed on Thursday, Chief Executive Joseph Boahen Aidoo said.  Full story

"Big four" accounting firms could be broken up by UK's labour party -FT

05h29 The "big four" accounting firms could be broken up under plans by UK's Labour Party to overhaul the auditing industry, Britain's shadow chancellor John McDonnell told The Financial Times on Friday.. . .  Full story

Copper heads for best week in a month as trade fears ease

04h39 London copper rose on Friday and was on track to post its biggest weekly advance in four weeks as investors viewed that trade tariffs would have a softer impact to global growth than earlier. . .  Full story

Oil prices slip as Trump calls on OPEC to lower prices

04h19 Oil prices dipped on Friday after falling in the previous session as U.S. President Donald Trump urged OPEC to lower crude prices ahead of its meeting in Algeria this weekend.. . .  Full story

COLUMN- Trade wars will weigh on already struggling tin: Andy Home

03h00 Tin has been spared the volatility afflicting the rest of the industrial metals over the past month.. . .  Full story

Libyan NOC reopens runway at Wafa oilfield after protest ends

20/09 Libyan state oil firm NOC has reopened the airfield at the southwestern Wafa oilfield after state guards ended a blockade, it said.. . .  Full story

Mexico's next government starts oil contract reviews with Talos-led deal

20/09 Mexico's incoming government has begun its promised review of oil contracts, starting with a major project won by a consortium led by U.S.-based Talos Energy, the country's next energy minister said.. . .  Full story

Carige's top investor secures majority of new board

20/09 Carige's top investor secured a majority of seats on the beleaguered Italian bank's new board on Thursday, after falling out with a third chief executive in three years and pushing for a shake-up.. . .  Full story

Vista Global sees higher demand for Bombardier 7500 after certification

20/09 Canadian aircraft leasing company Global Vista, one of the largest customers for Bombardier's long-range Global 7500 business jet, said on Thursday it expects greater demand for the plane after Canadian and U.S. regulators certify the. . .  Full story

Spain's Caixabank sells its 9.4 pct stake in Repsol

20/09 Spain's Caixabank on Thursday said it would sell its 9.4 percent stake in Spanish oil major Repsol and book a loss of 450 million euros in the third quarter.. . .  Full story

ECB must discuss rate path beyond first hike: Praet

20/09 From next year, the European Central Bank will need to communicate the expected path of interest rates beyond its initial hike to keep market prices consistent with a slow rise in inflation, ECB chief. . .  Full story

Opel to further scale back production at Ruesselsheim - report

20/09 Carmaker Opel, a unit of France's PSA Group, is planning to further scale back production at its Ruesselsheim plant, a local newspaper group reported on Friday.. . .  Full story

Gold hits near 1-week high as easing trade concerns hurt dollar

20/09 Gold edged up to hit its highest in nearly a week on Thursday as the U.S. dollar slumped, its safe-haven appeal lessened by reduced fears over the near-term impact of Sino-U.S. trade tensions.. . .  Full story

Italy's government allies seek higher deficit to spur growth

20/09 Italy's ruling parties want to spur economic growth by setting next year's budget deficit target at more than two percent of annual output, a level that clashes with European Union commitments and may boost. . .  Full story

-Czech investor tightens grip on Metro with additional stake

20/09 Czech investor Daniel Kretinsky is buying more shares in German retailer Metro from Ceconomy, the companies said on Thursday, likely stoking speculation of a full bid.. . .  Full story

Aston Martin aims to steer round Brexit to $6.7 bln IPO

20/09 Luxury British carmaker maker Aston Martin is seeking a price tag of up to 5.1 billion pounds ($6.7 billion) in its stock market debut next month and has geared up for any Brexit outcome,. . .  Full story

Hammond urged EU peers to help Britain cope with possible hard Brexit -EU source

20/09 Britain's finance minister urged the European Commission to help devise European contingency plans for the financial sector in case of no deal on Brexit, pointing to growing concerns about a disorderly departure from the European. . .  Full story

Russia may protect Deripaska's GAZ by shunning rivals for state purchases

20/09 Russia is considering supporting sanctions-hit Russian Machines, which owns 61 percent of vehicle maker GAZ, by restricting government purchases from its rivals in the country.. . .  Full story

Peugeot urges France to revive incentives for hybrids

20/09 PSA Group is pressing the French government to revive sales incentives on rechargeable hybrid vehicles as it rolls out plug-in versions of its larger models to meet tightening European emissions rules, the carmaker said. . .  Full story

Britain's FTSE lags peers as upbeat retail data boost pound

20/09 UK shares lagged their European peers on a trade war relief rally on Thursday, after better-than-expected UK retail data boosted the pound which acts as an accounting drag on their foreign revenues.. . .  Full story

Copper pulls back as economic growth worries return

20/09 Copper ended two days of gains on Thursday as concerns resurfaced about the health of the global economy and higher U.S. interest rates ahead of a central bank meeting.. . .  Full story

European shares ride trade relief rally

20/09 European shares surfed a worldwide rise in stock markets on Thursday as fading concerns about the trade war between the United States and China lifted investors into a risk taking mood.. . .  Full story

Shell wins LNG deal to supply Chinese firm's power plant in Panama

20/09 Royal Dutch Shell Plc has won a long-term contract to provide liquefied natural gas to a Chinese company's 441 megawatt power plant under construction in Colon, Panama, advisors on the deal said.. . .  Full story

Italy's bond yields jump on budget brinkmanship

20/09 Italian bond yields rose on Thursday, reversing earlier falls in a move analysts attributed to a threat from the 5-Star Movement's Luigi di Maio to quit the coalition if the party's spending demands in. . .  Full story

Top French court throws out latest appeal by SocGen rogue trader

20/09 France's highest court of appeal on Thursday rejected the latest appeal by former rogue trader Jerome Kerviel against his three-year jail sentence for causing a 4.9 billion euro ($5.8 billion)loss to Societe Generale.. . .  Full story

Countering Draghi, ECB's Weidmann says too soon for financial risk-sharing

20/09 It is too soon for financial risk to be shared more broadly across the euro zone, Germany's European Central Bank representative said on Thursday, a day after its head made the case for a. . .  Full story

In U-turn, Exxon, Chevron to join industry climate initiative

20/09 Exxon Mobil, Chevron and Occidental Petroleum are joining a group of major international oil and gas companies in an initiative aimed at curbing carbon emissions in the sector, they said in a statement on Thursday.. . .  Full story

IMF leaves Ukraine without announcing aid deal, sees accord soon

20/09 An IMF mission has left Ukraine without announcing a deal on new aid but a top central bank official said on Thursday he expected an agreement "in the near future" that would help preserve. . .  Full story

Rare auction showdown could decide fate of broadcaster Sky

20/09 A protracted $34 billion bidding war for European broadcaster Sky between U.S. rivals Comcast and Twenty-First Century Fox is likely to be settled by a quick-fire auction on Saturday.. . .  Full story

Irish PM says Britain's May promised him new border proposals

20/09 Ireland's Prime Minister Leo Varadkar said on Thursday Britain's Prime Minister Theresa May told him she would make new proposals on the post-Brexit Irish border but presented nothing in writing.. . .  Full story

HitecVision-backed Verus Petroleum buys UK oil firm Cieco

20/09 Aberdeen-based Verus Petroleum has agreed to acquire Cieco, a subsidiary of Japanese commodity trading house Itochu for an undisclosed sum, Verus' majority owner, Norwegian private equity firm HitecVision, said on Thursday.. . .  Full story

BHP seeks approval for $50 mln U.S. pact over fatal Brazil dam burst

20/09 BHP Billiton Ltd has asked a U.S. judge to approve a $50 million settlement of claims that it fraudulently inflated its share price by overstating its ability to manage safety risks before a fatal 2015. . .  Full story

British lawmakers demand answers on service disruption at Cashplus

20/09 British lawmakers demanded an explanation from banking services provider Cashplus after outages left customers unable to receive or make payments this week, the latest in a series of disruptions at British financial firms this year.. . .  Full story

Italian judge jails two in Nigerian oil graft case

20/09 An Italian judge sentenced two defendants in a Nigerian corruption case to jail on Thursday in the first ruling on one of the oil industry's biggest graft scandals.. . .  Full story

JAB sees acquisition opportunities in non-alcoholic beverages - Manager Magazin

20/09 Privately owned investment firm JAB Holding Co, best known for stirring up the coffee industry with a string of deals, sees huge opportunities for acquisitions in the market for non-alcoholic beverages, one of its senior. . .  Full story

Front-quarter prices slip on rain forecasts, rising water levels

20/09 Nordic front-quarter power prices fell to their lowest in three months on Thursday weighed down by wetter weather forecasts and rising water reserves in the hydropower-dependent region.. . .  Full story

Frustrated Ryanair investors target chairman after year of strikes

20/09 A significant minority of Ryanair shareholders voted against the re-election of the airline's long-serving chairman on Thursday but they overwhelmingly rejected calls by trade unions to oppose Chief Executive Michael O'Leary.. . .  Full story

Beiersdorf to appoint De Loecker CEO in December -manager magazin

20/09 Beiersdorf, the maker of Nivea lotions, will appoint current deputy chief executive Stefan De Loecker as CEO effective from December, German monthly manager magazin reported on Thursday.. . .  Full story

Trade wars will weigh on already struggling tin: Andy Home

20/09 Tin has been spared the volatility afflicting the rest of the industrial metals over the past month.. . .  Full story

Nestle aims to shed skin unit to focus on food, nutrition

20/09 Nestle put its skin health unit up for sale on Thursday, as the maker of Nescafe and Perrier water ditches underperforming businesses and fends off criticism from an activist investor demanding an overhaul.. . .  Full story

Rocket Internet preparing IPO for African online platform Jumia -sources

20/09 German start-up investor Rocket Internet is preparing its African online shopping platform Jumia for a possible New York listing in the first quarter of 2019 which could value the firm at. . .  Full story

Thyssenkrupp to keep on implementing steel JV with Tata-CEO

20/09 Thyssenkrupp's interim chief executive dismissed speculation that it would pull out of its steel joint venture with India's Tata Steel in the wake of management upheaval at the German industrial conglomerate.. . .  Full story

Italian bond yields dip, risk sentiment offsets budget fears for now

20/09 Italian government bond yields fell on Thursday as improved risk sentiment in global markets allowed the market to recover some ground from the previous day's sharp sell-off.. . .  Full story

Ryanair's O'Leary says reluctant to commit to 5 more years as CEO

20/09 Ryanair CEO Michael O'Leary said on Thursday he did not want to commit to a new five-year contract as chief executive due to his age and would rather move to a rolling 12-month contract. . .  Full story

Cboe exchange turns to machines to police its "fear gauge"

20/09 Hard pressed to quash allegations that its popular "fear gauge" is being manipulated, Cboe Global Markets is turning to artificial intelligence to help put those concerns to rest.. . .  Full story

France's InVivo to buy organic food chain in retail push

20/09 Agricultural group InVivo is in talks to buy a chain of organic food stores in southern France, part of a plan to expand its retail business which is currently based on gardening stores.. . .  Full story

German real wages rise despite higher inflation

20/09 German real wages rose in the second quarter despite the highest inflation rate in more than five years, data showed on Thursday, suggesting that household spending will continue to drive growth in Europe's largest economy.. . .  Full story

OECD trims economic outlook over trade and emerging market woes

20/09 Global economic growth has peaked in the face of rising trade frictions and emerging market turbulence, the OECD said on Thursday, as it trimmed its earlier outlook.. . .  Full story

Financial betting clampdown hits IG Group revenue

20/09 Shares in trading platform IG Group Holdings Plc slid after its revenue dropped 4.7 percent over the last three months, hit by a dip in market volatility and a regulatory clampdown on high-risk betting. . .  Full story

Rio Tinto announces new $3.2 billion share buyback, stock rises

20/09 Global miner Rio Tinto will return $3.2 billion to shareholders from its sale of Australian coal assets this year in addition to existing buyback programmes, it said on Thursday.. . .  Full story

Tereos seeks 5 pct drop in French 2019 sugar beet output

20/09 Tereos, one of the world's largest sugar makers, is seeking to cut its sugar beet production next year by 5 percent and has asked its cooperative members to reduce plantings, it said on Thursday,. . .  Full story

UK builder Kier's strong order book helps it ride out Brexit uncertainty

20/09 British builder Kier Group reported a higher-than-expected rise in annual profit, as it expanded its order book and shrugged off the hit to Britain's construction sector from the country's impending exit from the European Union.. . .  Full story

France's Total completes Direct Energie deal and buys electric vehicles charging firm

20/09 Total has expanded its footprint in the French electricity market with the completion of its takeover of alternative power supplier Direct Energie , and the acquisition of an electric vehicle charging solutions provider.. . .  Full story

Britain's Fox planning to scrap EU food standards - Business Insider

20/09 British trade minister Liam Fox is planning to scrap European food standards in order to pave the way for a trade deal with the United States after Brexit, Business Insider reported on Thursday.. . .  Full story

Germany cuts debt issuance plans as govt enjoys budget surplus

20/09 Germany's debt agency said on Thursday it was cutting its debt issuance plans for the fourth quarter by 2 billion euros ($2.34 billion) as the government enjoys a budget surplus.. . .  Full story

Coca-Cola moving ahead with takeover of Nigeria's Chi juice

20/09 Coca-Cola is moving ahead with plans to take over Nigeria's leading juice company Chi Ltd and aims to complete the deal early next year, a senior executive told Reuters.. . .  Full story

Cash-flush Rocket Internet lifted by $175 mln buyback plan

20/09 German ecommerce company Rocket Internet responded to investor calls to use some of its 2.1 billion euro cash pile on Thursday with a plan to buy back shares worth up to 150 million euros. . .  Full story

Woodside to supply LNG to Germany's Uniper for four years from 2019

20/09 Woodside Energy Trading Singapore said on Thursday it signed a heads of agreement (HOA) with Germany's Uniper Global Commodities for the supply of up to 0.6 million tonnes of liquefied natural gas (LNG) per. . .  Full story

Russia GDP growth slows to 1.0 pct y/y in Aug, below f'cast

20/09 Russia's economic growth slowed to 1.0 percent in August from a year earlier, slowing from 1.8 percent in July, the economy ministry said on Thursday.. . .  Full story

Keep your debt under control, EU's Moscovici tells Italy

20/09 Italy must work to keep its national debt under control, EU Economics Commissioner Pierre Moscovici said, by cutting wasteful spending and prioritising investment and infrastructure spending to help stimulate growth and productivity.. . .  Full story

Two Australian banks among six targeted by fake apps-security firm

20/09 Customers of six banks including two of Australia's largest lenders have had their personal details stolen by fake banking apps on the Google Play store, an internet security firm said.. . .  Full story

China's top iron ore trading platform eyes record volumes on robust steel output

20/09 Volumes at China's biggest physical iron ore trading platform may hit record levels this year, with demand for the steelmkaing raw material pushed up as steel output has been strong despite pollution-linked curbs, its president. . .  Full story

UK regulator fines Equifax Ltd 500,000 pounds for 2017 security breach

20/09 A British regulator on Thursday fined credit reference company Equifax Inc's UK arm, Equifax Ltd, 500,000 pounds for failing to protect the personal information of up to 15 million people in Britain during a. . .  Full story

China's Nanhua plans London Metal Exchange debut

20/09 Major Chinese broker Nanhua Futures is planning to start trading on the London Metal Exchange in the first half of next year as the market experiences a wave of fresh interest from China.. . .  Full story

No progress seen after May speech on Brexit -Lithuania, Slovakia

20/09 There has been no progress on Brexit and the Irish border, leaders of Lithuania and Slovakia said after a European Union leaders' dinner at which British Prime Minister Theresa May gave a speech on. . .  Full story

Don't rip Britain apart, May appeals to fellow EU leaders on Brexit

20/09 Prime Minister Theresa May appealed directly to fellow European leaders on Wednesday to drop "unacceptable" Brexit demands that she said could rip Britain apart, and urged the bloc to respond in kind to her "serious. . .  Full story

May urges fellow EU leaders to drop "unacceptable" Brexit demands

19/09 Prime Minister Theresa May was set to appeal directly to fellow European leaders at a summit on Wednesday to drop "unacceptable" Brexit demands that she said could rip Britain apart, and to urge the bloc. . .  Full story

In Brexit bid, Britain's May pledges to help EU tackle people smugglers

19/09 Prime Minister Theresa May will call on other EU leaders on Wednesday to work together with Britain to drive people smugglers off social media, a sign of her hopes for future cooperation after Brexit.. . .  Full story

Mars aims to tackle "broken" cocoa model with new sustainability scheme

19/09 Mars Wrigley Confectionery launched a new sustainability strategy on Wednesday with the aim of combating deforestation, child labour and poverty in what it called the "broken" cocoa supply chain.. . .  Full story

Raw sugar, arabica coffee rebound with Brazil currency

19/09 Raw sugar futures on ICE rose on Wednesday, erasing the prior session's losses, while arabica coffee rebounded above Tuesday's 2005 low, with both commodities trading in thin volume and buoyed by the strengthening currency in. . .  Full story

French draft power sector reform draws criticism from independent firms

19/09 The French government plans to reform the way independent power firms buy nuclear electricity from state-run EDF, but has drawn criticism from the smaller firms which say the draft proposals will reduce competition and increase. . .  Full story

Belgian union rejects Ryanair offer ahead of planned strike

19/09 The union representing Ryanair cabin crew in Belgium has rejected an offer from the Irish airline ahead of a planned one-day strike across five countries on Sept. 28, the union said on Wednesday.. . .  Full story

Warmer-than-normal temperatures to continue in Europe

19/09 Above average temperatures are set to continue in almost all of Europe during the October to December period, forecasts by The Weather Company showed on Wednesday.. . .  Full story

Amazon's use of merchant data under EU microscope

19/09 European Union regulators are checking whether U.S. online retailer Amazon is using merchants' data in a way that stifles competition, Europe's antitrust chief said on Wednesday.. . .  Full story

Orange Bank's CEO Coisne to resign in next few weeks -sources

19/09 The boss of telecom group Orange's online bank will resign in the next few weeks, three sources close to the matter told Reuters, underscoring operational challenges at the lender less than a year after its. . .  Full story

Copper and zinc jump as U.S.-China trade tariffs undershoot expectations

19/09 Copper jumped to its highest in three weeks on Wednesday, boosted by a weaker dollar after a new round of U.S.-China trade tariffs proved not as costly as expected.. . .  Full story

BALPA union sees Ryanair industrial unrest continuing for foreseeable future

19/09 The British Airline Pilots Association (BALPA) said on Wednesday that it expected industrial unrest at Ryanair across Europe to continue for the foreseeable future.. . .  Full story

Italy coalition urges economy minister to be looser on deficit

19/09 Italy's populist ruling coalition called on Economy Minister Giovanni Tria on Wednesday to allow greater deficit spending in next year's budget in order to make good on campaign promises, causing jitters in financial markets worried. . .  Full story

Germany to reach target of 1 mln electric cars later than planned

19/09 Germany will likely have to delay its target of having 1 million electric vehicles on the road by two years to 2022, according to a government-sponsored report.. . .  Full story

Trade war hopes buoy FTSE 100, still slave to sterling swings

19/09 Britain's top share index extended its rally on Wednesday to hit a near two-week high as investors focused on hopes a U.S.-China trade war was losing intensity.. . .  Full story

German 10-yr bond yield hits three-month high at 0.5 pct

19/09 Germany's 10-year bond yield briefly rose to three-month highs on Wednesday, hitting the key 0.5 percent level against a backdrop of new supply, growing risk appetite globally and stronger-than-expected British inflation data.. . .  Full story

Royal favourite, designer Orla Kiely closes stores

19/09 Irish designer Orla Kiely, who built a fashion label around colourful 1970s-style geometric prints, has closed her online business and shops in the UK and Ireland after parent company Kiely Rowan went into administration.. . .  Full story

Britain's Tesco takes on discount rivals with new Jack's chain

19/09 Britain's biggest retailer Tesco is going head-to-head with fast-growing German discounters Aldi and Lidl on price with a new grocery store it says will be the cheapest in town.. . .  Full story

Italy's Savona seeks euro zone debt restructuring, backed by ECB

19/09 Italy wants the public debt of all euro zone states to be brought below 60 percent of gross domestic product, via a long-term restructuring underwritten by the European Central Bank, its European Affairs Minister. . .  Full story

Goldman Sachs nears deal to sell its fintech app - source

19/09 Goldman Sachs is in advanced talks with several financial companies to spin off its three-year-old app, Simon, which sells complex financial products to retail investors, a source familiar with the matter told Reuters.. . .  Full story

Slovenia nominates Dolenc for central bank chief, support uncertain

19/09 Slovenia's president named Bank of Slovenia deputy governor Primoz Dolenc as his candidate for governor of the central bank on Wednesday, but analysts said support for Dolenc in parliament was uncertain.. . .  Full story

Russian retail sales beat forecast but other indicators worrisome

19/09 Retail sales in Russia rose more than expected in August, suggesting a tepid economic recovery is underway, but real wage growth was slightly lower than forecast and agricultural output tumbled, data showed on Wednesday.. . .  Full story

Beijing allocates more roads for self-driving vehicle tests

19/09 China's capital city has designated 11 more roads for self-driving vehicle testing, state news agency Xinhua said on Wednesday, to try to speed up the technology's development.. . .  Full story

Strap on the Fitbit: John Hancock to sell only interactive life insurance

19/09 John Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance and instead sell only interactive policies that track fitness and health data through wearable devices and smartphones,. . .  Full story

Banks, traders launch first commodities blockchain platform

19/09 Global banks and trading firms are launching the first blockchain-based platform for financing the trading of commodities from oil to wheat, they said in a joint statement on Wednesday.. . .  Full story

Germany mulls fund to fend off Chinese tech takeovers -source

19/09 The German government is taking steps to counter a surge in Chinese bids for stakes in German technology companies, including the creation of a billion-euro fund that could rescue such firms in financial trouble,. . .  Full story

Administrator seeks buyer for German charter airline Small Planet

19/09 Insolvent German charter carrier Small Planet Airlines hopes to attract a buyer following a debt restructuring, its administrator told Reuters on Wednesday, saying he saw good a chance of a deal.. . .  Full story

German regional government to appeal Frankfurt ban on older diesels

19/09 A looming ban on older diesel vehicles from Germany's financial capital faces a legal challenge from the state government, deepening controversy over how to handle the fallout from an emissions cheating scandal that has rocked. . .  Full story

Italian court allows disputed list of Carige board nominees-sources

19/09 An Italian judge has ruled to allow a disputed list of candidates for the board of Carige , two sources close to the matter said, as uncertainty grows over the future of the troubled. . .  Full story

UK inflation unexpectedly leaps to 6-month high in August

19/09 British inflation jumped unexpectedly to a six-month high in August, pushed up by bigger-than-usual seasonal increases in sea and air fares and briefly sending sterling above $1.32 for the first time since July.. . .  Full story

San Marino to decide on IMF loan, bond issue plan by end of 2018 - State Secretary

19/09 The tiny state of San Marino, whose banks are crippled by bad debts, will decide by the end of the year whether to ask the International Monetary Fund for a loan of around 300. . .  Full story

Spanish court rules former Ryanair pilot was employee not contractor

19/09 A former Ryanair pilot should have been considered an employee and not an independent contractor, a Spanish judge has said in the latest setback for the airline in its fight to avoid Europe-wide strikes. . .  Full story

Sri Lanka shares snap losing streak to end slightly firmer

19/09 Sri Lankan shares ended marginally higher on Wednesday, edging up from their 30-month closing low hit in the previous session, as investors picked up battered shares, while sentiment was weighed down by weak rupee and. . .  Full story

Adecco shares tumble on slowdown in European hiring growth

19/09 Adecco Group's shares fell to their lowest level in two years on Wednesday after the world's largest staffing company signalled a slowdown in European hiring growth.. . .  Full story

Linde, Praxair close to selling more assets to save merger - source

19/09 Industrial gases group Linde is set to sell additional assets to a consortium of Messer Group GmbH and CVC Capital Partners for about $200 million, moving closer to U.S. antitrust approval for the planned merger. . .  Full story

Cuadrilla to start fracking in England in weeks

19/09 Shale gas developer Cuadrilla will start fracking at its Preston New Road site in northwest England in the next few weeks, it said on Wednesday as it announced government approval for a second well.. . .  Full story

India's largest hotel chain OYO to expand into Britain

19/09 OYO Hotels, India's largest and fastest-growing hotel chain, aims to shake up Britain's budget accommodation market with a franchising and marketing strategy to sign up 300 independent hotels before 2020, its founder told Reuters on. . .  Full story