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  • DALLAS— Shareholders at Exxon Mobil and Chevron rejected resolutions backed by environmentalists that would have pushed the companies to take stronger stands in favor of limiting climate change. Also, Exxon Mobil Corp. shareholders voted to ask directors to adopt a proxy-access rule, which would make it easier for shareholders to propose their own board...

  • BRUSSELS, May 25- The European Commission will check on whether it should do more to curb possible unfair practices in the terms of use set by web platforms such as Google, Amazon and Apple Inc's App Store. Presenting the conclusions of a year-long inquiry into online platforms such as Facebook, Google and eBay, the European Union executive ruled out a single law...

  • *Cancer drug company says $52.50 a share inadequate. May 25- French drugmaker Sanofi on Wednesday named eight candidates to replace the entire board of Medivation, stepping up pressure on the U.S. cancer drug company which has rejected its $9.3 billion takeover approach. Sanofi's nominees are Michael Campbell, Barbara Deptula, Wendy Lane, Ronald Rolfe, Steven...

  • PARIS— The Euro Disney group went on trial in France on Wednesday for publishing an allegedly discriminatory job ad a decade ago requesting that candidates have "European citizenship" to work as parade artists at its famous Disneyland Paris theme park. The European branch of Walt Disney Co. faces up to 225,000 euros in fine if found guilty of hiring...

  • PARIS— The Latest on France's strikes and protests against the government's labor reforms:. France's junior minister for transportation says France has used three out of 115 days of fuel reserves to deal with gasoline shortages caused by strikes and protests over a proposed labor reform bill. Fouad Rharib, in line Wednesday at a crowded gas station on the...

  • BEIJING— Mickey Mouse has a new and deep-pocketed challenger: China's shopping mall king. The developer that bought Hollywood studio Legendary Entertainment is preparing to fight Disney to lead China's- and possibly the world's— theme park industry. Wanda Group and its billionaire founder, Wang Jianlin, are inaugurating a sprawling entertainment complex...

  • LE HAVRE, France— French drivers are fuming, oil industry workers are divided, and the government is reaching into its fuel reserves to end gasoline shortages that have heightened the stakes of nationwide protests to defend labor protections. Unions are targeting the nation's gas tanks, railroads and electricity network this week, protesting a bill devised to...

  • This is another bad day for Google: Analyst

    George O'Connor, technology analyst at Panmure Gordon, comments on moves by French officials after raids on Google's offices as part of a tax probe.

  • BEIJING— Mickey Mouse has a new and deep-pocketed challenger: China's shopping mall king. The developer that bought Hollywood studio Legendary Entertainment is preparing to fight Disney to lead China's— and possibly the world's— theme park industry. Wanda Group and its billionaire founder, Wang Jianlin, are inaugurating a sprawling entertainment complex...

  • NEW YORK, May 24- Oil prices rose on Tuesday as investors anticipated a weekly drawdown in U.S. crude inventories that they hoped would boost prices closer to $50 a barrel, while a rally on Wall Street also lent support. "We're gearing up on expectations that the wildfires in Canada may finally be showing up in U.S. crude inventory numbers," said Phil Flynn, analyst at...

  • WINNIPEG, May 24- Chicago wheat rose on Tuesday, lifted by short-covering and concerns about unfavorable rains for maturing U.S. crops. Chicago Board of Trade July wheat added 2 cents, or 0.6 percent, to $4.64 a bushel. Chicago July corn eased 1/ 4 cent to $3.97-1/ 2 a bushel, losing on trades against wheat on expectations that livestock operations might replace some...

  • *Wall Street rally helps oil; strong dollar makes no impact. NEW YORK, May 24- Oil prices rose on Tuesday as investors anticipated a weekly drawdown in U.S. crude inventories that they hoped would boost prices closer to $50 a barrel, while a rally on Wall Street also lent support. "We're gearing up on expectations that the wildfires in Canada may finally be showing up in...

  • *USDA reports second US soybean sale to unknown in 2 days. WINNIPEG, May 24- Chicago soybean futures rose on Tuesday, shaking off earlier losses, on support from higher soymeal prices and fresh export sales. Chicago Board of Trade's July soybean contract climbed 6 cents, or 0.6 percent. to $10.64-1/ 2 a bushel by 10:37 a.m. CDT, having closed 1.5 percent lower on Monday.

  • MILAN— Analysts are tamping down growth forecasts for the luxury goods market this year due to a chill in international tourism. The Altagamma Foundation of Italian producers of luxury goods said Tuesday that 27 surveyed analysts lowered their consensus forecast for Europe to 2 percent growth from 4 percent earlier as high-spending tourists canceled...

  • All oil refineries in France now shut down

    More than two thousand gas stations are running dry across France, with drivers lining up for hours to fill their cars.

  • THE HAGUE, May 24- Royal Dutch Shell cannot switch too quickly to producing renewable energy without risking its dividend payments and even its very existence, the oil and gas group's chief executive warned. Chevron and Exxon face similar climate change resolutions at their annual meetings on Wednesday, highlighting growing investor concern about oil and...

  • BONN, Germany, May 24- Environmental groups urged Group of Seven nations led by Japan and Germany to stop financing coal projects abroad, which they said amounted to $42 billion since 2007.. Japan provided more than half of the total, with $22 billion between 2007 and 2015, a study released on Tuesday by groups including the U.S. Natural Resources Defense Council,...

  • LONDON, May 24- Oil reversed early losses to turn positive on Tuesday, as investors awaited crude oil inventory data from the United States that was expected to show a shrinking supply overhang. Brent futures had gained 26 cents to $48.34 a barrel by 1242 GMT, after closing down 37 cents in the previous session. The American Petroleum Institute releases inventory...

  • The Mountain View, California, company, which is owned by Alphabet Inc., also said it is cooperating with the French investigation. At the end of last year, the U.S. technology sector had stockpiled $777 billion in cash, accounting for nearly half of the $1.68 trillion held by non-financial companies in the country, according to a study by Moody's Investors Service.

  • PARIS/ SINGAPORE, May 24- Chicago soybean futures lost more ground on Tuesday as rapidly progressing planting in the U.S. Midwest prompted investors to close out some long positions after a recent rally fueled by weather damage to Argentina's harvest. Chicago Board of Trade's most-active soybean contract dropped 1.3 percent to $10.45-1/ 4 a bushel by 1133 GMT,...