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Europe Closes Lower; Fed in Focus

John Kerry

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  • WASHINGTON, June 18- A bipartisan group of more than 170 U.S. lawmakers joined with a coalition of U.S. business groups on Tuesday to demand increased U.S. pressure on India to change policies that they said threaten American exports, jobs and innovation. Secretary of State John Kerry travels to India for the fourth annual U.S.-India Strategic Dialogue.

  • WASHINGTON, June 18- A coalition of U.S. business groups on Tuesday demanded President Barack Obama's administration increase pressure on India to change trade policies that they said threaten U.S. exports, jobs and innovation. Secretary of State John Kerry is headed to India next week for the fourth annual U.S.-India Strategic Dialogue.

  • Secretary of State John Kerry to press India to reverse government actions they said threaten millions of U.S. jobs in pharmaceutical, information technology and creative industries.

  • NYMEX-Oil dips below $95.60 on persistent demand concerns Wednesday, 12 Jun 2013 | 8:51 PM ET

    TOKYO, June 13- U.S. oil prices edged down on Thursday, reversing gains from the previous day, after an unexpected build-up in U.S. inventories and as the International Energy Agency said demand would remain sluggish. *NYMEX crude futures for July delivery were down 31 cents at $95.57 a barrel by 0013 GMT, after settling 50 cents higher at $95.88 on Wednesday.

  • U.S. eases trade restrictions to Syria rebel-held areas Wednesday, 12 Jun 2013 | 7:09 PM ET

    WASHINGTON, June 12- The United States on Wednesday eased restrictions on exports to opposition-held areas in Syria to help rebuild shattered infrastructure in a move U.S. officials said will help facilitate oil sales from rebel-controlled areas. A senior U.S. official declined to speculate how much oil could be exported from Syria.

  • Businesses Back US-China Climate Deal Wednesday, 12 Jun 2013 | 8:13 AM ET
    President Barack Obama and President Xi Jinping meet in Rancho Mirage, Calif.

    Disparate interests ranging from environmental activists to businesses and industry are lining up to support a first-of-its-kind deal between the U.S. and China to phase out HFCs.

  • TOKYO, June 11- U.S. oil edged higher on Tuesday, supported by a halt in the rise of the U.S. dollar, partly reversing a fall in the previous session due to demand concerns after weak China data. *NYMEX crude for July delivery was up 7 cents at $95.84 a barrel by 0002 GMT, after settling 26 cents lower at $95.77 on Monday.

  • WASHINGTON, June 5- Leading U.S. business groups on Wednesday urged President Barack Obama to act against what they said were "unacceptable" Indian trade practices that have hurt U.S. exports in areas ranging from pharmaceuticals to electronics. It was expected to be sent to the White House within days.

  • NYMEX-Oil edges higher toward $94 ahead of jobs data Tuesday, 4 Jun 2013 | 8:06 PM ET

    TOKYO, June 5- U.S. oil edged up toward $94 per barrel on Wednesday, supported by expectations that the Federal Reserve may not be ready to ease monetary support, but gains were limited by caution over the demand outlook and a key jobs report later in the week.

  • Secretary of State John Kerry is likely to renew waivers on Iran oil sanctions for India, China and several other countries as soon as Wednesday, in exchange for their reducing purchases of crude from the Islamic Republic, two government sources said. The Obama administration issued waivers on the sanctions to Japan and 10 European Union countries in March.

  • WASHINGTON, May 31- The United States blacklisted on Friday eight companies in Iran's petrochemical industry, sending a warning to the Islamic Republic's global customers as Washington strives to cut off funds to the country's nuclear program.

  • BUSINESS-NEWS-SCHEDULE AT 1830 GMT / 2:30 PM EDT Sunday, 26 May 2013 | 2:38 PM ET

    LONDON- As evidence mounts that a mid-year slowdown taking place in the world economy, the next few days will offer a clearer glimpse of how that will impinge on policymaking and buoyant financial markets (ECONOMY/GLOBAL, expect by 3 p.m. ET/ 1900 GMT, by Andy Bruce, 715 words). Kerry presses Egypt on reform, says aid depends on it.

  • Secretary of State John Kerry urged Egypt to act swiftly on economic reforms to secure a $4.8 billion International Monetary Fund loan, saying the measures were needed to get more aid from the U.S. Congress, an American official said.

  • Kerry hails tentative Raytheon arms sale to Oman Wednesday, 22 May 2013 | 3:49 AM ET

    Secretary of State John Kerry hailed on Wednesday what U.S. officials said was an estimated $2.1 billion deal for Oman to buy a ground-based air defence system from U.S. defense contractor Raytheon Co..

  • WASHINGTON/ BOSTON May 21- Several power utilities say they face a barrage of cyber attacks on their critical systems, a report by two Democratic lawmakers found echoing warnings from the Obama administration that foreign hackers were trying to bring down the U.S. power grid.

  • Reuters World News Highlights 0630 GMT, May 21 Tuesday, 21 May 2013 | 2:57 AM ET

    WASHINGTON- Two senior White House aides knew weeks ago that a probe of the Internal Revenue Service had found that the U.S. tax agency had inappropriately targeted conservative groups, but did not tell President Barack Obama, a White House spokesman said on Monday.

  • Obama seeks to cut Afghan war spending by 10 pct Friday, 17 May 2013 | 10:01 PM ET

    WASHINGTON, May 17- President Barack Obama on Friday trimmed his funding request for the war in Afghanistan and other overseas operations by 10 percent, reflecting his plans to wind down the U.S. presence in that country.

  • Reuters World News Highlights at 1645 GMT, May 14 Tuesday, 14 May 2013 | 2:17 PM ET

    Attorney General Eric Holder was likely to face a storm of questions on Tuesday over the Justice Department's controversial decision to seize telephone records of the Associated Press, a move denounced by critics as a gross intrusion into freedom of the press.

  • *White House seeks biggest change in aid since Cold War.

  • SHANGHAI, April 27- China's central bank has been talking tough on currency reform while it has also intensified market intervention, highlighting the fine line it must walk in trying to liberalise the yuan.

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