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  • YOUR MONEY-Hotel travelers gripe as resort fees rise Tuesday, 12 Jan 2016 | 8:30 AM ET

    New York, Jan 12- Travel expert Tim Winship considers himself a budget-conscious travel expert, but even this editor-at-large of SmarterTravel.com was blind-sided by a mandatory resort fee. The Luxor Hotel in Las Vegas is charging him a resort fee of nearly $30 per day for an upcoming family reunion, something he noticed only in the last stage of booking through...

  • SAP operating profit hits record on license renewals Tuesday, 12 Jan 2016 | 2:13 AM ET

    SAP reported record annual operating profits driven both by year-end software license renewals and customers' converting to newer cloud-based software.

  • *Sees 2016 oper profit of 6.4 bln- 6.7 bln euros. *Says more than doubles S/4 HANA customers to 2,700. FRANKFURT, Jan 12- SAP, Europe's largest software company, on Tuesday reported record annual operating profits, driven both by year-end software license renewals and customers' converting to newer cloud-based software.

  • SINGAPORE, Jan 4- Oil prices jumped over 2 percent in the first trading hours of 2016 as relations between Middle Eastern rivals Saudi Arabia and Iran deteriorated following Riyadh's execution of a prominent Shi'ite Muslim cleric. Saudi Arabia cut diplomatic ties with Iran on Sunday, responding to the storming of its embassy in Tehran in an escalating row...

  • Obama to meet Merkel, attend Hannover trade show in April Wednesday, 30 Dec 2015 | 2:08 PM ET

    HONOLULU, Dec 30- President Barack Obama will travel to Germany in late April to attend the trade show known as the Hannover Messe and to meet with Chancellor Angela Merkel, a top ally, the White House said on Wednesday. The trade show is a major event in Germany, attracting some 200,000 people every year, the White House said. "The president's participation- a first for...

  • *BNP considers "strategic alternatives" for First Hawaiian Bank. PARIS, Dec 23- BNP Paribas said on Wednesday it is considering "strategic alternatives" for its U.S. unit First Hawaiian Bank which could help France's biggest listed bank reach regulatory capital requirements by mid-2017. However, BNP Paribas added it is contemplating "strategic alternatives"...

  • Dec 15- Virgin America Inc said on Tuesday it will lease 10 Airbus A321neo planes starting in 2017, a move that could let the low-cost airline add flights from coast to coast in the mainland United States and to Hawaii. The single-aisle planes, the largest yet to enter Virgin America's fleet, will be leased from GE Capital Aviation Services, the aviation leasing...

  • Dec 10- The U.S. Missile Defense Agency said it successfully completed the first intercept test for Lockheed Martin Corp's land-based Aegis missile-defense system, which is due to be deployed in Romania. The primary objective of the test, which used Raytheon Co's Standard Missile-3 Block IB missile, was to assess the effectiveness of the Aegis Ashore...

  • WASHINGTON, Dec 9- Israeli politicians and more than 370,000 Britons urged their governments on Wednesday to bar Donald Trump from their countries after the Republican presidential front-runner said Muslims should be denied entry into the United States. A major chain of Middle East department stores halted sales of the real estate mogul's glitzy " Trump...

  • UPDATE 1-Shell says reviewing New Zealand assets Wednesday, 9 Dec 2015 | 6:39 PM ET

    WELLINGTON, Dec 10- Energy giant Royal Dutch Shell said on Thursday it was reviewing its business interests in New Zealand as the company seeks to streamline its global portfolio amid a slump in energy prices. "The Shell business in New Zealand is a great, but a small part of the global Shell business and hence the decision to undertake a strategic review at this...

  • LONDON, Nov 18- California motorists drive almost 1 billion miles every day, and in doing so consume around 40 million gallons of gasoline and 8 million gallons of diesel. State motorists account for 11 percent of all miles driven in the United States and consume more motor fuel than any individual country except China and Japan. Like other parts of the United...

  • The Legacy 450' s range will increase to 2,900 nautical miles from 2,575, allowing it to fly from San Francisco to Honolulu, Embraer Executive Jet Chief Executive Marco Tulio Pellegrini said at the National Business Aviation Association conference here.

  • PARIS, Nov 13- French medical technology company Mauna Kea could sign a partnership by the end of the year that would allow it to accelerate the commercial development of a small microscope approved by U.S. regulators for use in surgical procedures to diagnose cancer, its chief executive told Reuters. According to Mauna Kea, the use of Cellvizio in surgery would...

  • Aerojet small satellite launcher fails its first flight Wednesday, 4 Nov 2015 | 4:10 PM ET

    CAPE CANAVERAL, Fla., Nov 4- An experimental rocket built by Aerojet Rocketdyne Holdings Inc failed its debut flight, a setback for a U.S. military initiative to develop a low-cost, on-demand small satellite launcher, officials said on Wednesday. The three-stage, solid-fuel Super Strypi was developed in partnership by the U.S. Department of Energy's Sandia...

  • BEIJING/ WASHINGTON, Nov 2- In August, foreign ministers from 10 nations blasted China for building artificial islands in the disputed South China Sea. WCRW is just one of a growing number of stations across the world through which Beijing is broadcasting China- friendly news and programming. Many of these stations primarily broadcast content created or...

  • Albertsons said on Friday that it expected to price 65.3 million shares at between $23 and $26 each, valuing the company at up to $12.35 billion. Albertsons, the second-largest U.S. grocer after Kroger Co by number of stores, highlighted in a filing that it also faced a growing threat from online grocery stores. "It's only going to get worse for Albertsons," David...

  • SANTIAGO, Sept 24- The conditions are now present to finalize a Pacific trade deal, although talks would likely still go down to the wire, Chile's head of international trade told Reuters on Thursday. The United States has called negotiators from the 12 nations discussing the Trans-Pacific Partnership to a meeting in Atlanta next week in a bid to finish the pact...

  • WASHINGTON, Sept 24- The United States has called ministers from the 12 nations negotiating a Pacific trade deal for a meeting Sept. 30 to Oct. 1 in a bid to finish the pact, a key part of the U.S. administration's engagement with Asia. Trade Representative said in a statement the United States would host the ministers in Atlanta. Officials close to the negotiations...

  • YOUR MONEY-Debt-free college grads: How do they do it? Wednesday, 23 Sep 2015 | 9:00 AM ET

    More than $1 trillion in total outstanding student debt across the United States. Almost seven in 10 college grads emerge owing money, with an average debt of $28,400 for the Class of 2013, according to the Institute for College Access and Success. First she earned a business degree from the public College of Staten Island, which charged a reasonable $2,000 a...

  • ILLAPEL, Chile, Sept 17- Residents picked through the rubble of destroyed buildings in central Chile on Thursday after a magnitude 8.3 earthquake killed 10 people and sent powerful waves barreling into coastal areas, forcing more than 1 million people from their homes. Bottles and glasses shattered and the pipes in the bathroom and kitchen burst, "said...