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  • BRASILIA, April 17- Investment fund Coliseu has reached a preliminary agreement to sell its stake in Brazilian transmission utility Taesa to Colombia's Empresas Publicas de Medellin for 1.527 billion reais, both companies said on Friday. The other controlling shareholder is Brazilian power holding company Cia Energ├ętica de Minas Gerais SA, or Cemig, which...

  • April 17- A section of the Mississippi River was closed on Friday following a diesel spill from a pipeline belonging to Phillips 66, the U.S. Coast Guard said. The diesel fuel was released into the Cahokia Canal that empties into the Mississippi River and the fuel reached the river, a company spokesman said. Oil spill response contractors have mobilized...

  • WASHINGTON, April 17- The Bank of Canada will ignore that part of the surge in March core inflation which is due to the fall in the Canadian dollar, Governor Stephen Poloz said on Friday, adding that the growing output gap was exerting downward pressure on inflation. Canada's core inflation rose to 2.4 percent in March from 2.1 percent in February, putting it well...

  • The herbicide is considered safe by the EPA, as well as many foreign regulatory agencies, including in the European Union. That could change, the EPA said in a statement Friday. "Given increased public interest in glyphosate, EPA may recommend sampling for glyphosate in the future," the agency said in an email response to a Reuters inquiry.

  • Vencore's owner, private equity firm Veritas Capital Management LLC, has hired Stone Key Group LLC and Wells Fargo& Co to advise on an auction for the company, three people said on Friday. Veritas Capital and Wells Fargo declined to comment. Veritas Capital bought the company, which was previously called SI Organization Inc, from Lockheed Martin Corp for $815...

  • WASHINGTON, April 17- The United States on Friday urged Greece's government to go through "every line" in its budget to come up with a detailed economic reform plan that satisfies its international creditors. "I believe that the kind of detail that's needed requires going literally through every line in your budget," Treasury Secretary Jack Lew said in a news...

  • Equities lost ground after industrials Honeywell International and General Electric took hits from the strong dollar, while concerns over new trading regulations in China and Greece's place in the euro zone dented sentiment. "Our markets will get kind of quiet again as we wait for some of those earnings and what is going to happen on the 24th with Greece," said...

  • UPDATE 1-FDA approves AcuFocus' corneal implant Friday, 17 Apr 2015 | 6:37 PM ET

    April 17- The U.S. Food and Drug Administration approved AcuFocus Inc's corneal implant to improve vision in patients with presbyopia, an age-related eye disorder. The device, KAMRA inlay, is the first implantable device to correct vision in patients who have not had cataract surgery, the FDA said in a statement on Friday. The FDA, however, warned that the device...

  • WASHINGTON, April 17- Britain favors the eventual inclusion of the Chinese yuan in the International Monetary Fund's SDR basket of currencies, finance minister George Osborne said on Friday, saying it was important to include emerging powers in the world system. French Finance Minister Michel Sapin, however, voiced disappointment with Britain's surprise...

  • MEXICO CITY, April 17- Ford Motor Co said on Friday it will spend $2.5 billion to build a new generation of fuel-efficient engines and transmissions in Mexico, creating 3,800 jobs. The United Auto Workers union, in response, said putting jobs in Mexico rather than the United States will be a major issue at its upcoming U.S. labor talks with Ford, General Motors Co and...

  • April 17- Wal-Mart Stores Inc said on Friday it would eliminate the position of zone manager in its U.S. stores while adding up to 8,000 new department heads as part of an overhaul of its store operations. There are about five zone managers in each of Wal-Mart's 3,407 supercenters, and those employees will be reassigned to department manager or assistant manager...

  • The herbicide is considered safe by the EPA, as well as many foreign regulatory agencies, including in the European Union. That could change, the EPA said in a statement Friday. "Given increased public interest in glyphosate, EPA may recommend sampling for glyphosate in the future," the agency said in an email response to a Reuters inquiry.

  • BISHKEK, April 17- The ruling coalition in Kyrgyzstan's parliament said on Friday the Central Asian country should seek to raise its representation on Centerra Gold's board, rejecting calls to nationalize the flagship venture with the Canadian investor. Kyrgyzstan and the Toronto- listed miner have been in talks since 2013 on a deal that would involve the...

  • April 17- Pfizer Inc was cleared of liability on Friday in the first lawsuit to go to trial of more than 1,000 filed across the United States alleging that its antidepressant Zoloft can cause birth defects, a company spokeswoman said. Plaintiff Kristyn Pesante claimed that Pfizer failed to warn that using Zoloft during pregnancy could cause birth defects, and...

  • TORONTO, April 17- Two of Canada's largest pension funds, shareholders of Canadian Imperial Bank of Commerce, said on Friday they will demonstrate their unhappiness with CIBC's executive pay structure at the lender's annual meeting next week. CIBC named Victor Dodig as its chief executive last year, replacing Gerry McCaughey, who retired in September 2014.

  • FDA approves AcuFocus' corneal implant Friday, 17 Apr 2015 | 5:49 PM ET

    April 17- The U.S. Food and Drug Administration approved AcuFocus Inc's corneal implant to improve vision in patients with presbyopia, an age-related eye disorder. The device, KAMRA inlay, is the first implantable device to correct vision in patients who have not had cataract surgery, the FDA said in a statement on Friday. Presbyopia is a condition associated...

  • April 17- A federal jury heard testimony from Bryant Gumbel on Friday at a trial in which HBO faces libel claims over a report aired on the TV journalist's popular sports news program that focused on child labor in India. Gumbel's videotaped deposition came on the fifth day of the trial in U.S. District Court in Manhattan over the report on " Real Sports with Bryant...

  • WASHINGTON, April 17- The regulator of Fannie Mae and Freddie Mac has directed the U.S. housing finance firms to tweak their structure for guarantee fees but said the changes would be "revenue neutral," after launching a review to consider whether to alter the program. The Federal Housing Finance Agency said on Friday that Fannie and Freddie will lower guarantee...

  • The drilling recovery will likely to be slower to emerge due to a growing reserve of wells that have been drilled but not yet hydraulically fractured and increased activity in re-fracking wells that are running dry, Schlumberger Ltd Chief Executive Paal Kibsgaard said in a conference call Friday. Schlumberger expects the rebound in U.S. onshore drilling "...

  • *Britain's Osborne says Greece casts gloom over meetings. *Turkey's Babacan says Greece is issue for bilateral talks. Greece was not mentioned by name in the communique and Turkish Deputy Prime Minister Ali Babacan, speaking on behalf of the G20, said the issue of Greece did not feature in the formal discussions.