Dec 26- A bankruptcy court has allowed defunct video streaming company Aereo Inc to auction its TV streaming technology assets, according to court papers published on Friday. These broadcasters include CBS Corp, Comcast Corp's NBC, Walt Disney Co's ABC and Twenty-First Century Fox Inc's Fox. The case is In re: Aereo Inc, U.S. Bankruptcy Court, Southern District of...» Read More
DOT PROPOSES PROHIBITING USE OF OLDER DOT 111 RAILCARS FOR SHIPPING HIGHLY FLAMMABLE CRUDE OILS WITHIN 2 YEARS.
*Microsoft sees end to Nokia losses, shares rise. NEW YORK, July 23- The S&P 500 hit a record high on Wednesday, lifted by bullish earnings from companies like Apple and Microsoft, though technical resistance and conflicts in Ukraine and the Gaza Strip kept gains in check.
MUMBAI, July 23- India on Wednesday allowed foreign fund managers to hold more government bonds, but also stipulated that in future they will not be able to hold debt of less than three years.
LONDON, July 23- Brent crude oil rose towards $108 a barrel on Wednesday as threats to supplies from oil-producing regions and a drop in U.S. oil stocks overshadowed a stronger dollar. The U.S. Energy Information Administration said U.S. crude stocks fell by 4 million barrels last week, more than expected, while gasoline and distillate stocks rose.
AMSTERDAM, July 23- The Dutch Safety Board said on Wednesday it had taken charge of an international investigation into the crash last week in Ukraine of a Malaysian airliner in which 298 people died, the majority from the Netherlands.
MEXICO CITY, July 23- Mexican state oil giant Pemex said on Wednesday that work at most of its Ciudad Madero refinery in northern Mexico had been halted while it tried to contain an ongoing blaze in a storage tank.
NEW YORK, July 23- U.S. long-term Treasury debt prices edged higher for a third straight session on Wednesday on continued safe-haven demand as global tensions in the Middle East and Ukraine persisted.
July 23- A rise in margins has raised hopes that Apple Inc may be able to hold the line on pricing ahead of the launch of new iPhones later this year. Apple's shares rose 3.3 percent to a 22- month high of $97.88 on the Nasdaq on Wednesday.
WASHINGTON, July 23- The U.S. Department of Transportation on Wednesday proposed an overhaul of safety standards for transporting crude oil and ethanol by rail, after a number of explosive accidents over the past year.
Protections set up by the U.S. Food and Drug Administration called "risk evaluation and mitigation strategies", which can curb distribution of dangerous medicines, have been used to prevent generic drugmakers from getting the drugs in order to test their own versions, which is required to win FDA approval, the report from the Generic Pharmaceutical Association said.
CRUDE FUTURES HOLD GAINS AFTER EIA REPORT OF 4- MLN-BARREL DRAW IN INVENTORIES.
TORONTO, July 23- Canada's largest telecom company, BCE Inc, said on Wednesday it will pay C $3.95 billion to take regional telecom Bell Aliant private, buying the 56 percent stake it does not already own to cut expenses and bolster its offerings in Atlantic Canada.
*Russia annexed Black Sea region in March. MOSCOW, July 23- The cost of petrol has risen in Crimea for the first time since Russia seized the Black Sea peninsula from Ukraine in March, despite a promise by Moscow to reduce the price.
July 23- Whirlpool Corp on Wednesday reported a lower-than-expected quarterly profit as sales fell in every region except North America. The company posted second-quarter earnings of $179 million, or $2.25 a share, down from $198 million, or $2.44 a share, a year earlier.
*Germany makes up third of EU exports to Russia, worth 36 bln. 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 U.S. Department of Transportation on Wednesday announced a comprehensive set of proposed rules for the safe rail transport of crude oil and certain other flammable materials, including ethanol.
*Investors keeping wary eye on Ukraine crisis. LONDON, July 23- Higher profits at carmaker Daimler and chemicals group Akzo Nobel lifted European shares on Wednesday, offsetting concerns about tighter Western sanctions on Russia over the Ukraine crisis.
ALSO RELEASES REPORT SUMMARIZING ANALYSIS SHOWING BAKKEN CRUDE OIL "MORE VOLATILE AND FLAMMABLE" THAN OTHER CRUDES.
July 23- Freeport-McMoRan Inc said Wednesday it expects to sign a memorandum of understanding with Indonesia "imminently" and the agreement would immediately allow it resume copper concentrate exports, which have been halted for more than six months.
PROPOSAL CALLS FOR SPEEDS ON OIL TRAINS WITH TANKCARS MEETING ENHANCED SPECIFICICATIONS TO BE 50 MPH.