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  • Sept 10- United Technologies Corp said on Thursday it would operate its Otis elevator and climate controls and security divisions as stand-alone units, the latest organizational shake-up by the U.S. conglomerate under Chief Executive Greg Hayes. The changes come after United Technologies in July cut its 2015 profit outlook for the third time this year, in...

  • TORONTO, Sept 10- Canada's transport regulator has ordered Canadian Pacific Railway Ltd to address a new alleged safety violation after it found the company was not doing a mandatory brake safety test on some of its trains in Western Canada, according to a letter obtained by Reuters. An inspector from Transport Canada told the company in the Sept. 3 letter that it...

  • NEW YORK, Sept 10- Fitch Ratings still sees elements supporting Brazil's investment grade, a senior analyst with the ratings firm said on Thursday, easing market fears the agency could follow Standard& Poor's decision to cut the country to junk. Speaking at a Fitch conference in New York, analyst Shelly Shetty said that Brazil's credit rating is deteriorating...

  • WASHINGTON, Sept 10- A government plan to recall and replace millions of potentially deadly Takata Corp air bag inflators could compel other manufacturers to supply automakers with the safety devices, the top U.S auto safety regulator said on Thursday. Mark Rosekind, who heads the National Highway Traffic Safety Administration, told reporters that his...

  • *New Zealand dollar off as much as 2 pct after rate cut. NEW YORK, Sept 10- The dollar fell on Thursday as global stock markets outside America turned downward and economic data sent contrary signals on whether the U.S. European stocks broke a three-day run of gains with a drop of nearly 1.5 percent following a difficult session in Asia, as data showed a decline in...

  • SAN FRANCISCO, Sept 10- Honda Motor Co Ltd has received a permit from the state of California to drive its autonomous vehicles on public streets, joining companies ranging from Google Inc to Volkswagen AG in testing the fast-growing technology. Other companies already approved include Daimler AG's Mercedes Benz, Tesla Motors Inc, Nissan Motor Co Ltd and BMW AG.

  • *Earnings won't grow as much as expected- David Tepper to CNBC. Apple's shares rose 2.5 percent to $112.91, rebounding from losses the day before when the iPhone and iPad maker unveiled new offerings. Biotech shares also boosted the market, with Gilead up 3.9 percent at $107.83, giving the second-biggest boost to the S&P 500 and Nasdaq after Apple.

  • *Talks with Cerberus Capital, Platinum Equity, others-WSJ. Sept 10- Avon Products Inc, which sells cosmetics door-to-door, is in talks with private equity firms about an investment through a stake sale in the struggling company, the Wall Street Journal reported on Thursday. The company is conducting an auction process for a private investment in public equity...

  • ABIDJAN, Sept 10- The European Union should require companies operating in Africa to disclose the taxes they pay there more transparently, to ensure they contribute fairly to government revenues, French economist Thomas Piketty said on Thursday. But development in Africa remains hobbled by some of the world's lowest rates of tax collection, said Piketty, who...

  • Sept 10- Ellen Pao, the former venture capitalist who lost a high-profile discrimination case against her former employer earlier this year, said on Thursday that she would not pursue an appeal of the court's decision. Her lawsuit against one of the best-known U.S. venture firms, Kleiner Perkins Caufield& Byers, helped spark a wide and ongoing discussion about...

  • The lawsuit was filed in 2013 against the EPA by a number of organizations representing the honey and honey beekeeping industry. The groups specifically challenged EPA approval of insecticides containing sulfoxaflor, saying studies have shown they are highly toxic to honey bees. Dow AgroSciences, a unit of Dow Chemical, first sought EPA approval for...

  • NEW YORK, Sept 10- U.S. Bonds "react immediately to a rally or selloff in equities," said Charles Comiskey, head of Treasuries trading at Bank of Nova Scotia in New York. Treasuries weakened even after a strong $13 billion auction of 30- year debt, the final sale of $58 billion in new coupon-bearing supply this week.

  • BOSTON, Sept 10- Mutual fund company Vanguard Group backed measures at more than a dozen companies this year that could give shareholders more power over the makeup of corporate boards, securities filings show. Vanguard funds voted in favor of proxy access at the 3 percent threshold at 15 companies, including streaming video provider Netflix Inc, oilfield...

  • Sept 10- Cosmetics seller Avon Products Inc is in talks with various private equity firms to sell a stake in the struggling company, the Wall Street Journal reported. The private equity firms include Cerberus Capital Management and Platinum Equity, the WSJ said. Avon has been struggling to turn around its business as it loses representatives- the so-called "Avon...

  • Sept 10- Google Inc said it would roll out Android Pay, a one-touch payment app on Android devices, in more than 1 million locations in the United States on Thursday. The company said the payment service could be used at stores operated by companies including Aeropostale Inc, Macy's Inc, GameStop Corp and Staples Inc.. Android Pay will support credit and debit cards...

  • *Weak dollar, higher Wall Street stock prices add support. A weaker dollar also made dollar-denominated crude more affordable to holders of the euro, while higher equity prices on Wall Street enhanced bullish sentiment in oil markets. U.S. crude futures' front-month contract was up $1.45, or 3.3 percent, at $45.60 a barrel by 1:45 p.m. EDT, after rising to a session...

  • FRANKFURT, Sept 10- John Cryan, Deutsche Bank's new chief executive, will not present "big bang" reforms when the supervisory board gathers Thursday evening, rather an acceleration of existing plans to shed assets and exit countries. The group's 19- member supervisory board convened for a three-day retreat planned for the luxury Alpine resort near the...

  • In an interview with Reuters, the 61- year-old political veteran said his New Democracy party would turn to other pro-European groups if Syriza- the leftist party that led Greece for seven turbulent months this year- rejected his advances. Syriza forced the election last month when its leader Alexis Tsipras resigned as prime minister, hoping to end a party...

  • Sept 10- General Electric Co said on Thursday it would seek to sell its asset management arm to an investment management firm, as the U.S. conglomerate continues to make moves to focus on its industrial products. The plan to unload the asset management arm comes after GE announced in April it would seek to sell some $200 billion worth of its GE Capital assets as it...

  • NEW YORK, Sept 10- The U.S. Department of Justice's No. 2 official laid out the rationale on Thursday behind a revised policy for prosecutors to focus on wrongdoing by corporate executives, after criticism they had failed to do so, especially in the 2008-09 financial meltdown and housing crisis. The memo "amounts to a striking admission that the DOJ's policy on Wall...