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  • TORONTO/ WINNIPEG, Manitoba, Dec 2- Cargill, Canada's biggest beef processor, is recalling ground beef sold by Wal-Mart Stores Inc that may be contaminated with E. coli, the Canadian Food Inspection Agency said on Tuesday. Cargill is recalling 31,000 pounds of beef produced at its Calgary, Alberta, plant, said Connie Tamoto, spokeswoman for the privately held...

  • TORONTO/ WINNIPEG, Manitoba, Dec 2- Cargill, Canada's biggest beef processor, is recalling ground beef sold by Wal-Mart Stores Inc that may be contaminated with E. coli, the Canadian Food Inspection Agency said on Tuesday. The agency said there have not been any reported illnesses associated with Cargill Meat Solutions' "Your Fresh Market" brand beef, which was sold...

  • According to industry and government sources, and letters reviewed by Reuters, Essar has asked the Indian government to free it from paying its share of oil dues to Iran, and instead offset them against a $2.5 billion deal to supply steel plate to a NIOC affiliate. The back-to-back scheme comes to light at a critical stage in talks between Iran and six world powers...

  • WASHINGTON, Nov 26- Medtronic Inc has won U.S. antitrust approval to buy Dublin- based Covidien Plc on condition that it sell its drug-coated balloon catheter business, the Federal Trade Commission said on Wednesday. Medtronic and Covidien shareholders will vote on the merger on Jan. 6. Medtronic is the world's largest stand-alone medical device maker, with a...

  • Nov 21- A group of Walmart employees pushing for higher wages said they were planning to protest on Black Friday at 1,600 U.S. stores in areas including Washington and Los Angeles. The group also plans strikes at the San Francisco Bay Area, Sacramento, Chicago, Seattle, Texas, Minneapolis and Tampa among other places. Wal-Mart Stores Inc, owner of Walmart brand...

  • Nov 20- A U.S. court has denied a request by Indian drugmaker Ranbaxy Laboratories Ltd to stop competitors from launching copies of AstraZeneca Plc's heartburn pill Nexium and Roche's antiviral, a court filing showed. Ranbaxy had filed a lawsuit against the U.S. Food and Drug Administration last week for revoking tentative approvals it gave the company to make...

  • Nov 20- A U.S. court has denied a request by Indian drugmaker Ranbaxy Laboratories Ltd to stop competitors from launching copies of AstraZeneca Plc's heartburn pill Nexium and Roche's antiviral Valcyte, a court filing showed. Ranbaxy had sought the restraining order against Dr Reddy's Laboratories and U.S. firm Endo International Plc in a lawsuit it filed...

  • Nov 19- U.S. Bank, sued by the government last year for allegedly aiding a massive fraud at brokerage Peregrine Financial, must face claims for nearly $36 million in restitution to Peregrine's victims, a federal judge in Iowa ruled. U.S. Bank, part of Minneapolis- based U.S. Bancorp, was sued last year by the U.S. Commodity Futures Trading Commission for allegedly...

  • *May close Bloom Lake mine in Quebec. Nov 19- Cliffs Natural Resources Inc said it may have to close its Bloom Lake iron ore mine in Quebec at a cost of $600 million to $700 million as it struggles to find investment to expand the project. Analysts said the cost of shutting down Bloom Lake, which Cliffs expects to recognize over five years, was a major concern for...

  • UPDATE 2-Cliffs may close Bloom Lake iron ore mine Wednesday, 19 Nov 2014 | 8:37 AM ET

    *May close Bloom Lake mine in Quebec. Nov 19- Cliffs Natural Resources Inc said it may have to close its Bloom Lake iron ore mine in Quebec, weeks after it revealed that three "big steelmakers" were in talks to invest in the project. "Despite the continued interest of the prospective equity partners in Bloom Lake... the potential investment is not achievable within a time...

  • Medtronic meets Street; Covidien deal on track Tuesday, 18 Nov 2014 | 12:10 PM ET
    Medtronic's CoreValve Evolut

    Medtronic posted a profit that was in line with expectations and said its $42.9 billion purchase of hospital products maker Covidien remains on track.

  • Nov 18- Medtronic Inc posted a quarterly profit that was in line with analyst expectations, helped by sales of new heart devices, and said its $42.9 billion purchase of hospital products maker Covidien Plc remains on track to close early next year. But Medtronic executives said they remain fully committed to buying Dublin- based Covidien and are focused on...

  • DIARY - Top economic Events to Nov 27 Friday, 14 Nov 2014 | 7:01 PM ET

    BRUSSELS- ECB President Mario Draghi will be at the Quarterly Hearing before the Committee on Economic and Monetary Affairs of the European Parliament in Brussels- 1400 GMT. CHICAGO- Federal Reserve Bank of Chicago President Charles Evans gives welcome and opening remarks before the "Annual Agriculture Conference: Farm Income's Impact on the Midwest" at the...

  • *Baker Hughes confirms merger talks with Halliburton. *Geron jumps on licensing deal with Johnson& Johnson. NEW YORK, Nov 14- U.S. stocks opened flat on Friday, with the S&P on track for a fourth straight weekly advance, after data on retail sales and ahead of a report on consumer sentiment.

  • *Baker Hughes confirms merger talks with Halliburton. *Geron jumps on licensing deal with Johnson& Johnson. NEW YORK, Nov 14- U.S. stock index were set to open little changed on Friday, with the S&P on track for a fourth straight weekly advance, after data on retail sales and ahead of a report on consumer sentiment.

  • WASHINGTON, Nov 12- The U.S. State Department must halt plans to expand an oil sands pipeline route from Canada to Wisconsin until possible environmental harm has been closely studied, several green groups said in a lawsuit filed on Wednesday. An Enbridge Inc proposal for its Line 3 pipeline from Alberta to Wisconsin is part of a $7.5 billion upgrade on its system...

  • NEW YORK/ CALGARY, Nov 12- BNSF Railroad, the Warren Buffett-owned firm that has benefited most from the North Dakota shale boom, has told some customers that they can't add new oil tank-cars to its system until next year, according to two people familiar with the matter. Preventing shippers from putting more rail cars onto the network may help prevent overloading...

  • The National Weather Service has issued winter storm warnings and watches for a wide swath of the northern U.S. from northern Idaho to northern Michigan with predictions of more than a foot of snow in many areas and temperatures dipping 20 to 30 degrees below normal. The storm is expected to hamper travel by closing roads with heavy snow and winds and causing...

  • Early snow falls on northern U.S., cold sweeping south Monday, 10 Nov 2014 | 12:07 PM ET

    The National Weather Service has issued winter storm warnings and watches for a wide swath of the northern U.S. from northern Idaho to northern Michigan with predictions of more than a foot of snow in many areas and temperatures dipping 20 to 30 degrees below normal. A cold front associated with the storm will dump rain on the lower Great Lakes, Ohio Valley and as...

  • *Corn, wheat, soybeans post weekly losses. CHICAGO, Nov 7- Chicago Board of Trade wheat futures dropped for the fourth day in a row on Friday as U.S. exporters struggled to compete in an export market laden with supplies from around the globe, traders said. Corn prices also fell, with investors staking out positions ahead of a U.S. Agriculture Department report that was...