PRESS DIGEST- Financial Times - May 29
May 29 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
TORONTO May 3 Manulife Financial Corp, Canada's biggest life insurer, on Wednesday reported a rise in first quarter earnings, marginally beating market forecasts with help from strong sales in Asia.
The company said core earnings, excluding one-off items and market movements, rose 22 percent to C$1.1 billion ($801 million), or 53 Canadian cents a share. Analysts on average had expected core earnings of 52 Canadian cents a share, according to Thomson Reuters I/B/E/S data. ($1 = 1.3729 Canadian dollars) (Reporting by Matt Scuffham; Editing by David Gregorio)
May 29 London's Heathrow Airport said early on Monday that there were still some disruptions to British Airways flights from the airport following a global computer system failure at the airline.
May 29 Gold held near its highest in four weeks on Monday after rising almost 1 percent in the previous session, buoyed as geopolitical tensions boosted its safe-haven appeal. FUNDAMENTALS * Spot gold was flat at $1,266.40 per ounce at 0044 GMT. On Friday, it climbed 0.9 percent to touch its strongest since May 1 at $1,269.50. * U.S. gold futures slipped 0.1 percent to $1,266.4 an ounce. * North Korea fired what appeared to be a shor