WASHINGTON, March 10- The Obama administration on Monday told members of Congress that it will not finalize controversial changes to the Medicare Part D prescription drug benefits program "at this time," following weeks of growing opposition to the proposals from a broad coalition of interests.» Read More
BAGHDAD, Sept 19- Iraq's government has released a five-year economic plan which will try to diversify beyond oil production and develop the industrial sector. But if implemented, it could mark a new stage in Iraq's recovery from decades of war and international economic sanctions.
Sept 19- Ford Motor Co said it would invest C $700 million in its Oakville assembly plant in Canada to boost its North American manufacturing capacity as demand for cars surges to pre-recession levels. Ford said this investment would increase its annual spending on Canada- made auto parts by about C $200 million to nearly C $4 billion.
LONDON, Sept 18- Two years after catastrophe at Japan's Fukushima plant, sellers of atomic reactors woo potential buyers with the promise that lessons learned from one of the world's worst nuclear disasters make the technology safer than ever.
Sept 19- Medical device maker Covidien Plc said it would cut costs by outsourcing services to low-cost locations and consolidating manufacturing and distribution centers. The company said it expects to record related charges of about $350 million to $450 million, most of which will be incurred by the end of fiscal 2018..
LONDON, Sept 19- World shares and global bond prices surged on Thursday and the dollar fell after the U.S. From London to Tokyo, Istanbul to Jakarta investors celebrated the prospect of continued stimulus in the world's largest economy, even though the reasons behind it were concerns about the strength of U.S. recovery.
*Gold posts biggest daily gain in 15 months after FOMC. LONDON, Sept 19- Gold hit a one-week high on Thursday as the dollar fell after the U.S.
*Athens hopes recovery might help it avoid new austerity. "Signs of a recovery are now evident," he told a privatisations conference in Athens. Greece hopes that a return to growth after six years of recession will boost government revenues and help Athens avoid further, painful austerity measures to meet the fiscal targets under its international bailout.
*Third-quarter adjusted earnings $1.27/ share vs est $1.18. *Revenue $480.3 mln vs est $468.5 mln. Sept 19- Research firm IHS Inc reported better-than-expected quarterly results as a major product release and demand for consulting services boosted non-subscription revenue, and it said strong demand was continuing in the current quarter.
SAN FRANCISCO, Sept 19- Facebook Inc is expanding a service that lets a group of major marketers measure the effectiveness of their ads, in the company's latest move to prove that advertising on the world's largest social network leads to real world sales.
SAO JOSE DOS CAMPOS, Brazil, Sept 19- For decades Brazilian planemaker Embraer SA has kept its head down, shying away from larger aircraft in competition with industry giants that its executives called the "big dogs."
LONDON, Sept 19- New rules governing how market benchmarks like Libor are set will be reviewed and tightened if necessary to restore trust after rigging scandals, a UK financial regulator said.
*Sony targets Playstation 4 sales of 5 million units by March-end. TOKYO, Sept 19- Sony Corp is betting on initial Playstation 4 sales to be 40 percent higher than its last home game console which cost more to build and buy, raising the prospect of quicker return to help revive its consumer electronics business.
MUMBAI, Sept 19- The aroma of frying onions from the Britannia and Co. restaurant might not penetrate the office of India's central bank governor Raghuram Rajan a block away, but like the eatery's customers, he can't escape the soaring price of the pungent vegetable.
LONDON, Sept 19- A 90- year-old helium reservoir in Texas could shut down next month causing disruptions and raising costs for makers of high-tech products from MRI scanners to semiconductors and threaten medical treatments and research.
*U.S. crude inventories fall to lowest since March 2012. LONDON, Sept 19- Brent oil rose for a second day on Thursday after the United States surprised markets by keeping its monetary stimulus programme intact, but gains were capped after Iran's President vowed his government would never develop nuclear weapons.
*Keeps rates on hold at 1.5 pct. OSLO, Sept 19- Norway's central bank brought forward the point at which it expects to raise interest rates to combat a surprising surge in inflation, but said on Thursday weaker growth would keep increases gradual.
TOKYO, Sept 19- Japan's land prices fell the least since the global financial crisis in the year to July 1, while commercial land in the three biggest cities rose in value for the first time in the same period, the latest signs that deflation is easing its stubborn grip on the country.
*Says risks to Japan economy titled toward downside. *Warns of signs of slowdown in Japan consumption, exports. KUSHIRO, Japan, Sept 19- The Bank of Japan should not increase its stimulus further and needs to learn from the experience of the U.S.
*Norway a test case for coping with overvalued housing. From Singapore to Sweden, from New Zealand to Switzerland, precautionary policy activism is gathering momentum.
*Says has not seen normal seasonal dip in Europe. SODERTALJE, Sweden, Sept 19- Swedish truckmaker Scania did not see the usual seasonal slowdown in Europe in the third quarter, it said on Thursday, as fleet operators rush to buy new vehicles before new emission standards compel them to buy more expensive models from Jan. 1.