CALGARY, Alberta, July 23- Talisman Energy Inc said on Wednesday it has been approached by Repsol, a day after a report that the Spanish oil producer was considering a bid for Canada's No. 5 oil company.» Read More
PANAMA CITY, July 18- Panamanian banking supervisors said on Friday they had taken control of ES Bank SA, a small unit of Espirito Santo Financial Group.
WASHINGTON, July 23- The U.S. Department of Transportation on Wednesday proposed an overhaul of safety standards for carrying crude oil and ethanol by rail after a series of accidents in the past year. Senator John Hoeven of North Dakota, who has pressed regulators to make tank cars safer:.
NEW YORK— Stocks are little changed in midday trading as traders look over a mixed batch of corporate earnings. Boeing fell 2 percent Wednesday after its revenue fell short of what analysts were expecting. The Standard& Poor's 500 index rose five points, or 0.3 percent, to 1,988 as of noon Eastern time.
NEW YORK— Many of the Amazon Fire phone's features are twists on apps and concepts tried in other devices. But in a number of cases, Amazon's technology is more comprehensive and reliable, showing that innovation is often about rethinking old ideas. On iPhones and Android devices, each icon takes you to a different app.
July 23- Yum Brands Inc's China division has stopped buying from OSI China, after Shanghai police detained five people connected to the meat supplier's factory at the center of a new food safety scandal, Yum said on Wednesday.
WASHINGTON— The International Monetary Fund has shaved its forecast for U.S. economic growth this year, mostly because of a sharp contraction in the first quarter. But the global lending organization still expects that growth accelerated in the April-June quarter and will remain healthy for the rest of this year and next.
*Saudi Arabia as big as other Gulf markets combined. DUBAI, July 23- The opening of Saudi Arabia's bourse to international investors may double the amount of foreign money flowing into the Gulf's securities markets, making it more attractive to invest in the region but also bringing new risks.
*Says Deutsche Bank made no progress fixing problems. FRANKFURT, July 23- The Federal Reserve Bank of New York has found serious problems in Deutsche Bank AG's U.S. operations, including shoddy financial reporting, weak technology and inadequate auditing and oversight, people close to the matter told Reuters.
NEW YORK, July 23- A court-appointed mediator in the Argentina debt dispute said he had to push back by a day the start of the latest round of settlement talks on Wednesday because the Argentine delegation "could not get here in time."
WASHINGTON— The Senate Veterans Affairs Committee on Wednesday endorsed former Procter& Gamble CEO Robert McDonald to be the new secretary of Veterans Affairs. Bernie Sanders of Vermont, the chairman of the Senate veterans panel, said the full Senate could vote on McDonald's nomination as soon as this week.
SAO PAULO/ BRASILIA, July 23- Brazil's Treasury is offering on Wednesday a new 30- year global bond and buying back as many as eight shorter-dated issues, in a bid to take advantage of growing appetite for Brazilian assets and improve the country's dollar-denominated yield curve.
WASHINGTON— The Senate voted Wednesday to advance an election-year bill limiting tax breaks for U.S. companies that move operations overseas. The Senate voted 93-7 to begin debating the bill, which would prevent companies from deducting expenses related to moving operations to a foreign country.
But since the downing, allegedly by Moscow- backed rebels in eastern Ukraine, of Malaysian Airlines flight MH17 with the loss of 193 Dutch lives, a growing Dutch chorus has called for the country to use its trade power to hit Russia in the wallet.
*Germany makes up third of EU exports to Russia, worth 36 bln euros. BRUSSELS, July 23- Germany and Italy have most to lose if the European Union makes good on its threat to impose harsher sanctions on Moscow, while Britain's overseas territories are soaking up the lion's share of capital streaming out of Russia.
WASHINGTON, July 23- The International Monetary Fund on Wednesday said it expects the U.S. economy to grow even more slowly this year than it predicted a month ago due to weakness in the first quarter. The IMF said the world's largest economy should grow 1.7 percent in 2014, below its June prediction of 2 percent growth.
IMF SAYS ECONOMIC ACTIVITY TO ACCELERATE FOR REST OF THE YEAR, KEEPS 2015 FORECAST AT 3 PCT.
IMF SAYS FED CAN KEEP POLICY RATES AT ZERO FOR LONGER THAN MID-2015 IF INFLATION STAYS SUBDUED, SEES GRADUAL RATE NORMALIZATION.
OUTPUT GAP IS CLOSE TO 4 PCT AT END-2013, COULD TAKE UNTIL 2018 TO CLOSE.
IMF CUTS U.S. 2014 GROWTH FORECAST TO 1.7 PCT FROM JUNE FORECAST OF 2 PCT DUE TO FIRST-QUARTER GROWTH REVISION.
IMF SAYS RISKS TO OUTLOOK INCLUDE SLOWER GROWTH IN EMERGING MARKETS, OIL PRICE SPIKES TIED TO UKRAINE OR IRAQ, EARLIER THAN EXPECTED U.S.