Hurricanes, tornadoes, earthquakes—depending on where you live in the U.S., natural disasters can be a way of life.» Read More
CHICAGO, Sept 12- Cargill Inc, the top U.S. grain exporter, sued a unit of Syngenta AG in a Louisiana state court on Friday for damages stemming from China's rejection of genetically modified U.S. corn, which Cargill said cost the company more than $90 million.
CHICAGO, Sept 12- Cargill Inc, the top U.S. grain exporter, said it had sued Syngenta Seeds Inc in a Louisiana state court on Friday for damages stemming from rejections of genetically modified U.S. corn by China.
LONDON, Sept 12- On Tuesday this week base metals prices tumbled. Shanghai traders led the bear charge, which spilled over into London, where the subsequent sell-off was accelerated by technical traders of all shapes and sizes.
Venezuela's state-run oil company is seeking offers for its U.S. unit Citgo Petroleum in a deal that could fetch up to $10 billion.
*Mitsui's iron ore ops profitable even if prices fall 20-30 pct. TOKYO, Sept 10- Japanese trading house Mitsui& Co may miss the current year's profit target of $1.1 billion for its metals business due to the slump in iron ore, warned a senior executive, who said prices may fall to as low as $80 a tonne before rebounding.
NEW YORK, Sept 9- Venezuela's state-run oil company PDVSA is seeking preliminary offers for its U.S. unit Citgo Petroleum Corp by the end of September, a deal that could fetch up to $10 billion, according to two people familiar with the matter.
The U.S. energy renaissance's effects are being felt broadly, said the industry's main trade group.
WASHINGTON, Sept 9- Republican leaders in the House of Representatives edged closer on Tuesday to an agreement for a short-term extension of the U.S.
WASHINGTON, Sept 9- Representative Jeb Hensarling, a Texas Republican who has been a key opponent of the U.S. Export-Import Bank, now supports a short-term extension of the bank's mandate, opening the door the door to a temporary reprieve for the export lender, House of Representatives Speaker John Boehner said on Tuesday.
Sept 7- The British government has urged the U.S. Supreme Court to review appeals court rulings against BP Plc over a 2010 Gulf of Mexico oil spill that produced one of the largest class actions in American history.
Sept 7- The British government has urged the U.S. Supreme Court to review an appeals court ruling against BP Plc over a 2010 Gulf of Mexico oil spill that produced one of the largest class actions in American history.
President Barack Obama has decided to delay any executive action on immigration until after the November congressional elections.
NEW YORK, Sept 5- A U.S. court ruling that dramatically ramped up BP Plc's potential penalties for the 2010 Gulf oil spill could create new liability risks not just for deep water drillers but also for other industries like mining and nuclear power generation.
LONDON, Sept 5- BP should be able to meet the cost of up to $18 billion of new fines for the 2010 Gulf of Mexico oil spill without major asset sales or a big cut in its dividend, analysts say.
*BP to appeal ruling over blame for disaster. *BP shares fall 5 percent in U.S. trading.
*BP shares fall 5 percent in U.S. trading. HOUSTON, Sept 4- BP Plc was "grossly negligent" for its role in the oil spill in the Gulf of Mexico four years ago, a U.S. district judge said on Thursday in a ruling that could add billions of dollars in fines to the more than $42 billion in charges taken so far for the worst offshore disaster in U.S. history.
WASHINGTON, Sept 3- When President Barack Obama stepped into the White House Rose Garden in June to announce he would single-handedly reform U.S. immigration policy, he startled advocates by announcing a firm, end-of-summer deadline for executive action.
HOUSTON, Sept 2- BP Plc asked a U.S. court on Tuesday to fire the court-appointed lawyer tasked with paying out compensation to people affected by the 2010 Gulf of Mexico oil spill, saying the lawyer had not disclosed an alleged conflict of interest before taking the job. "In order to restore the integrity of the claims program, the court should replace him," BP said.
Sept 2- Halliburton Co, North America's top oilfield services provider, said it reached a $1.1 billion settlement for a majority of claims related to its role in BP Plc's oil spill in the Gulf of Mexico in 2010.. The settlement, which includes legal fees, is subject to approval by the U.S. District Court for the Eastern District of Louisiana, Halliburton said.
Congressman from Texas has come out in full support of the United States lifting the 40- year old ban on crude oil exports, putting him at odds with fellow House Republicans wary of weighing in on the controversial issue.