The United States and the European Union launched talks on Monday to create one of the world's most ambitious free-trade zones, as France again underscored its determination to protect its movies and culture.» Read More
SAN FRANCISCO, June 18- Nvidia Chief Executive Jen-Hsun Huang said he will license graphics technology to other companies, a new model for the chipmaker that could lead to new business with Apple, Samsung and other mobile device makers.
June 18- A stunt double for Oscar-winning actress Angelina Jolie has sued News Corp over allegations its British newspapers hacked her phone, the first lawsuit in the United States against the company since the scandal broke two years ago.
The thought of any high-pressure ridge- the market is very sensitive to that right now, after what happened last year, "said Sterling Smith, futures specialist with Citigroup in Chicago, alluding to the historic Midwest drought that slashed corn yields in 2012. Soybeans ended mixed, with back months gaining against the nearby July contract, and wheat firmed on bargain-buying following recent declines.
DETROIT, June 18- Chrysler Group LLC said it would recall 2.7 million older Jeep models after initially fighting a recall request from U.S. regulators in a dispute over crash protection for their fuel tanks.
*Putin defiant, weighs arms sales to Syria. *Obama, Putin spar over Syria. ENNISKILLEN, Northern Ireland, June 18- Russia's Vladimir Putin derailed Barack Obama's efforts to win backing for the downfall of Syrian leader Bashar al-Assad at a G8 summit on Tuesday, warning the West that arms supplied to the rebels could be used for attacks on European soil.
LONDON, June 18- Insurers should not be forced to hold extra capital just because of their size, because the extra cost would simply be passed on to consumers, U.S. regulators said on Tuesday. The U.S. Financial Stability Oversight Council will publish its own list shortly of systemic U.S. insurers.
PARIS, June 18- An order for more than 100 Airbus passenger jets by UK low-cost carrier easyJet has re-ignited a long-running trade spat between the European planemaker and U.S. rival Boeing.
NEW YORK, June 18- Chinese network equipment and cellphone maker Huawei Technologies Co. would consider buying Finland's Nokia to help it expand its smartphone business, according to a story on the Financial Times website.
*Brent crude rises to hover around $106. NEW YORK, June 18- U.S. equities pushed higher on Tuesday as investors grew more confident that the Federal Reserve would temper its recent statements on the future reduction of U.S. monetary support, while still pointing to economic improvement.
*Russian supplies to northern Europe fall most because of China. MOSCOW, June 18- Russia is steeply ramping up oil deliveries to China, with Asia now importing almost a fifth of oil exports from the world's largest crude producer in a strategic shift meant by the Kremlin to end reliance on weak and saturated European markets.
NEW YORK-- Suntech Power Holdings Co., one of the world's biggest solar panel manufacturers, said Tuesday that authorities in Switzerland have granted its main European subsidiary more time to restructure its debts. The China- based company said it received a six-month moratorium on creditor claims.
WASHINGTON-- Chelsea& Scott Ltd. is recalling about 1,950 IdeaBaby bath seats because they can tip over and cause a potential drowning risk to infants. Between the two spinning toys is a round, inset plastic disc with the words " http://www.onestepahead.com," "One Step Ahead," "Idea Baby" and "Made in Italy."
LONDON, June 18- Iraq aims to ramp up oil production by nearly 45 percent by the end of next year- without any input from its autonomous Kurdistan region- which suggests a lasting compromise in their long-running oil feud may be a way off.
*Liberty Global continues M&A spree in Europe. LONDON, June 18- Vodafone faces a battle for Germany's largest cable company, Kabel Deutschland, although rival bidder Liberty Global of the United States has bigger regulatory and funding hurdles to overcome.
NEW YORK, June 18- Japanese drugmaker Astellas Pharma Inc is looking to sell its dermatology portfolio, which could be worth between $500 million and $1 billion, according to three people familiar with the situation.
*Putin defiant after talks, considers arms sales to Syria. *Obama, Putin spar over Syria. President Barack Obama, said the Kremlin might sell more arms to Syria.
*Demand still soft in India, China- traders. NEW YORK/ LONDON, June 18- Gold fell more than 1 percent on Tuesday as U.S. equities rallied and bullion buyers took to the sidelines before the conclusion of a two-day Federal Reserve policy meeting they hope will give greater clarity on the outlook for U.S. monetary policy.
Some scientists to move to Cambridge before 2016. LONDON, June 18- Turning around drugmaker AstraZeneca will be a long haul, with a strategy of revamping research and boosting acquisitions set to take up to four years to pay off, its chief executive said on Tuesday.
NEW YORK, June 18- The U.S. dollar rose for a second day against the yen on Tuesday as some traders bet the Federal Reserve may signal it is almost ready to reduce its bond buying program aimed at propping up the economy.
*Brent crude rises above $106 before trimming gains. NEW YORK, June 18- U.S. equities pushed higher on Tuesday as investors grew more confident that the Federal Reserve would temper its recent statements on the future reduction of U.S. monetary support, while still pointing to economic improvement.