HONOLULU— Dozens of Maui mothers are going door-to-door to urge voters to back a ban on the cultivation of genetically engineered crops because they think they are unsafe. Kendall Lamkey, chairman of the agronomy department at Iowa State University, said the initiative, if passed, could potentially make seed development more expensive for Monsanto Co. and a...» Read More
PARIS, June 16- Airbus Group and Safran said on Monday they had agreed to create a 50-50 joint venture in space launchers, combining Airbus's launch systems with Safran's propulsion systems, to help to compete with new low-cost rivals.
SEOUL, June 16- Samsung Electronics Co Ltd is emerging as a major player in its local debt market, buying more South Korean-issued bonds as it juggles a $60 billion cash pile.
*Dollar/yen dips as Tokyo shares slip on Iraq conflict. LONDON, June 16- The yen and the Swiss franc rose on Monday, with the Japanese currency trading near a four-month high against the euro as investors sought a safe haven amid escalating conflict in Iraq.
PARIS, June 16- French Prime Minister Manuel Valls refused on Monday to yield to the demands of striking rail workers seeking to derail a planned reform of the sector as their stoppage entered a six day.
NEW DELHI, June 16- India's wholesale price inflation rose to a five-month high in May, adding to worries that disappointing rains could lead to higher food prices and turmoil in Iraq could cause a spike in global oil prices.
*CCI hires Singapore- based trader for naphtha- mkt sources. *Firm currently trades fuel oil, petchem from Singapore. SINGAPORE, June 17- U.S. company Castleton Commodities International LLC is expanding its oil product trading in Asia to include naphtha, market sources said.
MUNICH, June 16- German engineering group Siemens and Mitsubishi Heavy Industries are expected to present their joint move on France's Alstom in Paris on Monday, challenging a formal offer from General Electric.
PARIS, June 16- European stocks slipped in early trade on Monday, adding to last week's retreat as mounting violence in Iraq prompted investors to further book profits on recent lofty equity market gains.
HONG KONG, June 16- Shanghai shares closed at their highest in almost two months on Monday, as gains accelerated in the afternoon after China lowered reserve requirements for some listed banks which boosted their stocks. The CSI300 of the leading Shanghai and Shenzhen A-share listings also gained 0.7 percent, finishing at its highest since April 23.
*More than 100,000 Cambodians have left Thailand in a week. The International Organization for Migration estimates that more than 100,000 undocumented Cambodian men, women and children have fled Thailand amid fears of a crackdown on illegal labour sine the May 22 coup. It estimates there were 90,000 illegals in Thailand.
MOSCOW, June 16- Russian gas exporter Gazprom said on Monday it would continue to supply European consumers with gas at "full volume" and Ukraine's state-owned Naftogaz should make sure it transits through the country.
RUSSIA'S GAZPROM SAYS IT HAS FILED A LAWSUIT IN STOCKHOLM ARBITRATION COURT TO TRY TO RECOVER UKRAINE'S $4.5 BLN DEBT FOR GAS.
SOURCE AT RUSSIA'S GAZPROM SAYS GAS SUPPLIES TO UKRAINE WERE RESTRICTED AS SOON AS DEADLINE FOR GAS DEBT PAYMENT PASSED.
RUSSIA'S GAZPROM SAYS WILL CONTINUE TO SUPPLY CONTRACTED VOLUMES TO EUROPEAN CONSUMERS, UKRAINE IS REQUIRED TO SEND IT ON.
MOSCOW, June 16- Russian gas exporter Gazprom said on Monday Ukraine had failed to pay at least part of its gas debts by a 0600 GMT deadline and would now have to pay up front for deliveries, suggesting that supplies could be cut.
*Sunni Islamists solidify grip on northern Iraq. SINGAPORE, June 16- Brent crude rose to a near nine-month high above $113 per barrel on Monday as Sunni insurgents advanced in Iraq, intensifying concerns over a potential disruption to oil exports from the second-largest OPEC producer.
TOKYO, June 16- Most Asian share markets struggled on Monday, as crude extended gains and tested nine-month highs on fears the insurgency in Iraq could spread- disrupting oil exports.
*Taiwan garment maker is Cambodia's second ever listing. PHNOM PENH/ HONG KONG, June 16- The number of companies on Cambodia's stock exchange doubled on Monday- to two.
TOKYO, June 16- Japanese stocks dropped to a two-week low on Monday as oil prices extended gains as the insurgency in Iraq raised concerns about potential disruption to oil exports, but chip-related firms outperformed on Intel Corp's rosy outlook. The Nikkei fell 1.1 percent to 14,933.29, the lowest closing price since May 30.
RUSSIA'S GAZPROM SAYS UKRAINE MUST NOW PAY UP FRONT FOR GAS SUPPLIES AS DEADLINE FOR DEBT PAYMENT PASSES, HAS NOT RECEIVED PAYMENT FOR JUNE.