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  • NEW YORK, July 3- Aetna Inc's $37 billion deal to buy smaller health insurer Humana Inc will face rigorous scrutiny from U.S. regulators, which antitrust experts said could also make other large-scale mergers in the sector more difficult. The deal follows weeks of intense discussions about potential combinations among the five biggest U.S. health insurers:...

  • COLUMBUS, Ohio— Ohio has explored overseas options in its search for lethal injection drugs no longer available in the U.S. despite a court ruling that banned such purchases, records show. The prison where Ohio carries out executions successfully applied for an import license from the U.S. Drug Enforcement Administration late last year in its search for lethal...

  • BEIJING— China cut the number of initial public offerings planned this month by two-thirds on Friday, adding to frantic efforts to shore up plunging stock prices. Ten IPOs will be allowed in July, the China Securities Regulatory Commission said on its microblog account. Some 28 companies— an unusually large number for China— had planned to go public in the next two...

  • BEIJING, July 3- China Securities Finance Corp, China's official margin lender for brokerages, will boost its capital base to 100 billion yuan from 24 billion yuan, a spokesman for the country's securities regulator said on Friday. The Corporation would further raise capital from various channels to expand business and stabilise markets, said Zhang Xiaojun,...

  • July 3- Health insurer Aetna Inc said it would buy smaller rival Humana Inc for about $37 billion in cash and stock, in the largest ever deal in the insurance industry. The combination will push Aetna close to Anthem Inc's No.2 insurer spot by membership, and would nearly triple Aetna's Medicare Advantage business. Antitrust authorities, who were aggressive in...

  • SHANGHAI, July 3- China stocks slumped again on Friday, taking their three-week tumble to nearly 30 percent and wiping out most of this year's gains. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 5.4 percent on Friday, to 3,885.92, while the Shanghai Composite Index lost 5.8 percent, to 3,686.92 points. The remarks were quickly...

  • DALLAS— Southwest Airlines says it has a tentative contract agreement with the union representing its flight attendants. The union said the deal would keep Southwest's flight attendants the highest-paid in the industry. Dallas- based Southwest Airlines Co. had 11,850 flight attendants as of last Dec. 31, according to a regulatory filing.

  • July 2- The White House on Thursday directed the three U.S. agencies that oversee biotech crop products to improve and modernize their regulatory "framework" to boost public confidence in a system that critics call a failure. The U.S. Department of Agriculture's Animal and Plant Health Inspection Service proposed a rule in 2008 after being cited in a government...

  • Government Accountability Office identified the issue as one of several that banking regulators need to address as cyber security threats become more prevalent and sophisticated. For example, the names, addresses, phone numbers and email addresses of some 83 million household and small business account holders were exposed last year when computer...

  • GE met with European regulators on Thursday to allay worries its 12.4 billion euro acquisition of Alstom's power equipment business would leave Europe with two gas turbine players. "Alstom is in that core of what they're trying to become," said Peter Jankovskis, co-chief investment officer at Oakbrook Investments, which owns 1.7 million GE shares.

  • WASHINGTON, July 2- The top U.S. auto safety regulator said on Thursday he will move quickly to take action in response to Fiat Chrysler Automobiles NV's mishandling of recalls involving up to 11 million vehicles. Mark Rosekind, who heads the National Highway Traffic Safety Administration, said action could come by the end of July and take the form of either a...

  • July 2- Mondelez International Inc said it was in talks with multiple parties for the sale of French coffee brand Carte Noire to address European antitrust concerns as it closed a deal with D.E Master Blenders to create the world's biggest standalone coffee company. The European Commission approved the Jacobs Douwe Egberts joint venture in May on a condition...

  • WASHINGTON, July 2- Fiat Chrysler Automobiles NV misled U.S. auto safety regulators about recall notifications to the owners of vehicles equipped with defective Takata Corp air bags, a U.S. safety recall analysts said on Thursday. "Fiat Chrysler failed to notify owners within the required 60 days in seven recalls we are discussing here today," Joshua Neff, senior...

  • SAO PAULO, July 2- Brazil antitrust watchdog Cade opened on Thursday an investigation over alleged currency rigging by a group of 15 global banks, the first of its kind in one of the world's busiest foreign exchange markets. In a statement, Cade said the banks colluded to influence benchmark currency rates in Brazil by aligning positions and pushing...

  • WASHINGTON— The chief U.S. auto safety regulator says Fiat Chrysler will face sanctions for violating safety laws in multiple recalls. National Highway Traffic Safety Administration chief Mark Rosekind says the agency will act before Labor Day and that the automaker will face enforcement action. The agency has authority to fine companies as much as $35...

  • WASHINGTON, July 2- Fiat Chrysler Automobiles NV went on offense ahead of a hearing before federal regulators to blunt criticism of its plan to install trailer hitches on 1.5 million Jeep Cherokee and Liberty SUVs to avert a more costly fix to reduce the risk that fuel tanks could rupture and catch fire in rear-end collisions. Thursday's hearing, convened by the...

  • GE meets EU regulators over Alstom power unit deal Thursday, 2 Jul 2015 | 6:28 AM ET

    BRUSSELS, July 2- General Electric met EU antitrust regulators on Thursday, hoping they will take a softer line on its 12.4- billion-euro bid for Alstom's energy unit. It has said it would be willing to give up some intellectual property rights related to some of Alstom's assets but not anything that would affect lucrative service revenue streams.

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 3.4 percent, to 4,107.99, while the Shanghai Composite Index lost 3.5 percent, to 3,912.77 points. Among the most active stocks in Shanghai were Bank of China, up 5.3 percent to 5.00 yuan; ICBC, up 5.6 percent to 5.43 yuan and Agri Bank of China, up 1.1 percent to 3.63 yuan.

  • SHANGHAI, July 2- China's securities regulator has relaxed rules on brokerages' margin trading businesses amid growing concerns about sharp falls in the country's stock markets, the official Xinhua news agency reported. China Securities Regulatory Commission late on Wednesday said it would cancel a rule that said investors needed to make additional...

  • RICHMOND, Va.— Dominion Virginia Power on Wednesday suggested how it may transition to new ways of generating energy, citing the uncertainty of new U.S. environmental rules. In a letter submitted to the SCC, Dominion executive Robert M. Blue said the 2015 plan arrives amid "a period of change and uncertainty," due in large part to U.S. Environmental Protection Agency...