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Wires

  • The Paris Agreement requires consensus for all decisions, meaning the withdrawal of a recalcitrant United States would make it easier for emitters such as China and the European Union to design details of a trillion-dollar shift from fossil fuels. In a step to undo environmental regulations introduced under former President Barack Obama, Trump will sign an...

  • WASHINGTON— President Donald Trump's son-in-law has volunteered to answer questions before the Senate Intelligence Committee about arranging meetings with the Russian ambassador and other officials. The White House says Jared Kushner has agreed to speak with North Carolina Sen. The White House noted that throughout the 2016 presidential campaign and...

  • A worry for Prime Minister Shinzo Abe is that a bankruptcy would give President Donald Trump cause to criticise Japanese firms operating in the United States. "Westinghouse is a major employer and nuclear industry company with ongoing nuclear new build projects in two different states, one of which is supported by U.S. Department of Energy loan guarantees,"...

  • CHICAGO— Grain futures were lower Monday in early trading on the Chicago Board of Trade. Wheat for May delivery was 4 cents lower at $4.2060 a bushel; May corn was up. 40 cent at $3.5660 a bushel; May oats was down 1.20 cents at $2.45 a bushel while May soybeans lost 2.20 cents to $9.7340 a bushel. April live cattle was. 40 cent lower at $1.2170 a pound; March feeder cattle...

  • NEW YORK, March 27- U.S. long-dated Treasury yields fell to one-month lows on Monday, weighed down by growing uncertainty about whether the Trump administration could deliver on its campaign promise to bolster the economy. There is disappointment over the inability to pass the reform of Obamacare, "said Gennadiy Goldberg, interest rates strategist at TD...

  • Midcap Partners' analyst Gilbert Ferrand, who has a "neutral" rating on the stock, said the company's guidance for a drop in revenue this year had taken some analysts by surprise. Chief Executive Yannick Assouad told Reuters by telephone that the decrease in business would be felt in the companys aerostructures segment in the second half of 2017 due to decreasing...

  • *Tax on company cut to 50 percent from 85 percent. JEDDAH, Saudi Arabia/ RIYADH, March 27- Saudi Arabia's government has cut the income tax paid by national oil giant Saudi Aramco to smooth the company's initial public offer of shares next year, which is expected to be the world's largest equity sale. A royal decree on Monday, retroactive to Jan. 1, set a tax rate of 50...

  • WASHINGTON, March 27- The Senate Intelligence Committee is seeking to interview President Donald Trump's son-in-law, Jared Kushner, as part of its investigation into ties between Trump associates and Russian officials. Rebecca Glover Watkins, a spokeswoman for Senate Intelligence Committee Chairman Richard Burr, a North Carolina Republican, confirmed...

  • LAGOS/ LONDON, March 27- Earlier this year, an open letter in the Nigerian media from a group of businessmen attacked the "shameful" record of central bank governor Godwin Emefiele and demanded that he should go. With Africa's largest economy in recession for the first time in 25 years, the letter reflects growing anger directed at Emefiele, whose insistence on...

  • Differences between Athens, the EU and the IMF over how Public Power Corp will relinquish its dominance of the Greek market are a stumbling block to concluding a bailout review that would unlock fresh loans for cash-strapped Greece. Under terms of Greece's 86 billion euro 2015 bailout deal PPC is obliged to reduce both to less than 50 percent by 2020..

  • It's a question facing governments worldwide and nowhere more so than in Britain, where a new budget test due to take effect on April 1 threatens to throw up another hurdle to patients getting the drugs. For the last 18 years Britain has led the way in measuring drug cost-effectiveness in a rational and dispassionate way, using a model of economic benefits...

  • PARIS— French energy company Total SA is launching a multi-billion-dollar petrochemical joint venture in Texas as it tries to profit from the "business-friendly environment" under the current administration. Total announced in Paris on Monday that it is partnering with chemical companies Borealis and Nova to build two new units on the U.S. Gulf Coast.

  • The same week legendary investor Warren Buffett put his California vacation house on the market, a friend told me her widowed mother had sold the family home in Cleveland. Buffett bought his Laguna Beach place in 1971 for $150,000 and is asking $11 million. The Cleveland house eked out a 2.82 percent annual return.

  • DENVER— United Airlines says regular-paying flyers are welcome to wear leggings aboard its flights, even though two teenage girls were barred by a gate agent from boarding a flight from Denver to Minneapolis on Sunday because of their attire. Comedian Sarah Silverman tweeted that she would change her United flight bookings to other airlines for a tour next...

  • RIYADH, Saudi Arabia— Saudi Arabia has announced a new tax code for oil and gas producers amid plans to publicly list shares of state-oil giant Saudi Aramco. The new code, rolled out by royal decree from King Salman, taxes Aramco at 50 percent on income retroactively starting Jan. 1. The decree, published Monday in the Saudi Press Agency, imposes a 50 percent tax on oil...

  • NEW YORK, March 27- The dollar fell to its lowest since November against a basket of currencies on Monday as investors lost confidence in prospects for a U.S. fiscal spending boost under President Donald Trump after his failure to pass a major healthcare reform bill. Trump's inability to deliver on his campaign pledge to overhaul the nation's healthcare system...

  • CARACAS, March 27- A U.S. court has upheld an award by a World Bank Tribunal that orders Venezuela to pay more than $1 billion to Canadian mining company Crystallex, paving the way for the firm to seize assets for the 2008 expropriation of the Las Cristinas gold project. The tribunal known as the International Centre for Settlement of Investment Disputes last year...

  • LONDON, March 27- Gold rallied more than 1 percent on Monday after U.S. 1350 GMT, having touched a one-month high of $1,261.03. "This is entirely driven by the weaker U.S. dollar," Commerzbank analyst Carsten Fritsch said.

  • *Flood of domestic debt pushing Zimbabwe towards brink. JOHANNESBURG/ HARARE, March 27- When President Robert Mugabe scrapped the Zimbabwe dollar in 2009, most of his people thought this meant the end of runaway money-printing and hyperinflation that had rendered the currency worthless. Adoption of the U.S. dollar and South African rand eight years ago...

  • SEOUL, March 27- Tech giant Samsung Electronics Co Ltd said on Monday it plans to sell refurbished versions of the Galaxy Note 7 smartphones that were pulled from markets due to fire-prone batteries. Samsung said in a statement it will determine in which markets it will sell the refurbished Note 7 s after discussions with relevant regulatory authorities and...