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  • TORONTO, April 17- Barrick Gold Corp faces a fresh backlash over executive pay at its shareholder meeting this month, with some big institutions planning to vote against its compensation plan and withhold votes for directors to express their unhappiness. Two major Canadian pension funds, the British Columbia Investment Management Corp and Ontario Teachers'...

  • WASHINGTON, April 17- Oil train operators must have detailed information on hand about the possible risks of their cargo in case of an accident and perform more thorough checks before moving on the tracks, U.S. transportation officials said on Friday. U.S. officials have been wrestling with how to make oil train deliveries safer ever since a runaway shipment...

  • MEXICO CITY, April 17- Ford Motor Co said on Friday will spend $2.5 billion to build a new generation of fuel-efficient engines and transmissions in Mexico, creating 3,800 jobs. The facility will build a new gasoline engine that will be exported to the United States, Canada, South America and the Asia-Pacific region. Earlier this week, Toyota announced it would...

  • Teva considering potential bid for Mylan - Bloomberg Friday, 17 Apr 2015 | 2:37 PM ET

    April 17- Teva Pharmaceuticals Industries is considering a bid for Mylan NV, Bloomberg reported, citing people familiar with the matter. Teva has not made a formal approach, Bloomberg reported. Generic drugmaker Mylan offered to buy Perrigo Co Plc for about $29 billion in cash and stock in early April.

  • Kansas lays groundwork for $1 bln pension bond sale Friday, 17 Apr 2015 | 2:36 PM ET

    April 17- Kansas has begun a search for underwriters to sell $1 billion of taxable pension bonds that won final approval this week, the state's Development Finance Authority said on Friday. Kansas sold $500 million of insured pension bonds through the authority in 2004 with interest rates topping out at 5.5 percent for bonds due in 2034.. States and local...

  • April 17- Staff attorneys at the Justice Department's antitrust division are nearing a recommendation to block the proposed $45 billion merger of Comcast Corp and Time Warner Cable Inc, Bloomberg reported, citing people familiar with the matter. A review could come as soon as next week, people familiar with the matter told Bloomberg. Time Warner and Comcast did...

  • April 17- A large study of Bristol-Myers Squibb Co's Opdivo treatment has been halted after proving the drug is effective against the most common form of lung cancer, the company said, positioning the medicine for far wider use than its already approved lung cancer and melanoma indications. AstraZeneca Plc, Pfizer Inc and other drugmakers are developing their...

  • FRANKFURT, April 17- The European Central Bank has analysed a scenario in which Greece runs out of money and starts paying civil servants with IOUs, creating a virtual second currency within the euro bloc, people with knowledge of the exercise told Reuters. Greece is close to having to repay the International Monetary Fund about 1 billion euros in May and...

  • GREEK GOVERNMENT OFFICIAL SAYS NO NEED TO EXAMINE IOU SCENARIO, CONFIDENT ON DEAL TO AVOID DEFAULT.

  • ECB EXAMINES SCENARIO OF GREECE PAYING PUBLIC-SECTOR STAFF WITH IOUS IN EVENT OF DEFAULT, SOURCES SAY.

  • President Barack Obama and Italian Prime Minister Matteo Renzi on Friday urged Greek leaders to make economic reforms as they continue to see additional financial aid to shore up its economy. Speaking at a news conference following a meeting between the two leaders, Renzi said Europe must also work to reach an agreement with Greece and that the vote of...

  • US 30- YEAR TREASURIES GAIN A FULL POINT IN PRICE AS YIELD CURVE FLATTENS, YIELDS FALL TO 2.53 PCT.

  • WASHINGTON, April 17- The Group of 20 leading economies on Friday said risks to the global economy had diminished with improved growth prospects in rich nations, but it warned of challenges from exchange rate volatility and geopolitical tensions to low inflation. "Risks to the global economy are more balanced since we last met," G20 finance ministers and central...

  • *Yemen conflict, Middle East turmoil supports prices. NEW YORK, April 17- Brent crude seesawed, while U.S. crude fell on Friday after both contracts rallied to 2015 peaks the previous session, and turmoil in Yemen and the region limited losses. Brent June crude was steady at $63.98 a barrel at 1:41 p.m. EDT, having swung from $62.95 to $64.50 after posting Brent's...

  • *Exxon Mobil front-runner for Mozambique LNG stake-sources. MILAN/ LONDON/ SINGAPORE, April 16- Anadarko Petroleum is considering selling its multi-billion dollar stake in Mozambique's giant gas reserves, with Exxon Mobil and Qatar Petroleum both showing interest, banking and industry sources said. The world's largest oil firm has been expected to follow...

  • President Barack Obama said on Friday a new trade agreement with Asia that is being negotiated would benefit not just America's businesses but also its workers, anticipating Democratic concerns the deal would cost U.S. jobs. Congressional Democrats drew battle lines on Friday over a new bill that would give the White House "fast track" authority to negotiate...

  • WASHINGTON, April 17- Turkish Deputy Prime Minister Ali Babacan said on Friday the U.S. Federal Reserve was doing a better job of communicating its policy intentions, adding that doing so was important for the global economy. "I think there is a broad consensus that the Federal Reserve is doing a much better job of communicating what future policies could be,"...

  • WASHINGTON, April 17- Turkish Deputy Prime Minister Ali Babacan said on Friday that the Group of 20 leading economies saw a moderate, but uneven, global recovery, and said officials agreed to proceed cautiously in adjusting monetary policies. "Monetary policy settings should be carefully calibrated and carefully communicated to minimize spillovers," Babacan...

  • WASHINGTON, April 17- U.S. consumer prices increased for a second straight month in March on rising gasoline and housing costs, a sign of inflation that should keep the Federal Reserve on course to start raising interest rates this year. "The data should allay the disinflation concerns that predominated earlier this year and, on the margin, increase the Fed's...