Reuters Morning Digest: January 11, 2016

Click to View in Browser Monday, January 11, 2016 EU's Mogherini: no set date for dropping Iran sanctions, could be soon PRAGUE (Reuters) - The European Union has no firm timeframe for lifting sanctions on Iran and the move could come soon, the bloc's foreign policy chief Federica Mogherini said on Monday. China's yuan spikes higher, but stocks tumble SHANGHAI (Reuters) - China guided its yuan currency higher on Monday, and offshore it surged against the dollar, spurred by what traders called aggressive intervention by Beijing, although Chinese stocks tumbled again as doubts persisted over policymakers' intent. Kakao to buy South Korea's top music streaming operator for $1.6 billion SEOUL (Reuters) - Chat app operator Kakao Corp on Monday unveiled a $1.6 billion (1.9 trillion won) deal to buy control of South Korea's top music streaming service provider, tapping the market for Korean pop to diversify revenues and even expand offshore. Illumina, partners make $100 million bet to detect cancer via blood test CHICAGO (Reuters) - Gene sequencing company Illumina Inc is going after the next big advance in cancer detection, working to develop a universal blood test to identify early-stage cancers in people with no symptoms of the disease. UK Athletics calls for new clean era for tarnished sport LONDON (Reuters) - UK Athletics (UKA) has called for world records to be wiped clean and drug cheats to be banned for at least eight years in radical proposals aimed at heralding a new unblemished era for the sport. David Bowie, musical legend behind Ziggy Stardust, dies at 69 from cancer LONDON (Reuters) - Legendary British rock star David Bowie, who framed hits such as "Ziggy Stardust" with daringly androgynous displays of sexuality and glittering costumes, has died of cancer aged 69. On Benin's voodoo holiday, followers pray and sacrifice for peace COTONOU (Reuters) - The national voodoo holiday in the West African country of Benin had a distinctively political accent this year as practitioners from Africa and the Americas gathered on Sunday to offer prayers and sacrifices for peace. Related Video Taiwan youth to China: Treat us like a country David Bowie dead at 69 Great Debate The West is losing the battle for the heart of Europe In North Korea, kids learn to love the bomb – and Minnie Mouse A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2016 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook