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Wires

  • If Moreno is forced into a second round, analysts expect Ecuador's fractured opposition to coalesce around Lasso amid an economic downturn and corruption scandals in OPEC's smallest member state. That would further bolster the right in South America, after Argentina, Brazil and Peru all shifted away from leftist rule in the past 18 months as a commodities...

  • BOSTON— Native Americans hope President Donald Trump doesn't forget America's first inhabitants as he promises to put "America first." Five large tribes in Oklahoma— the Cherokee, Chickasaw, Choctaw, Muscogee Creek and Seminoles— have requested a meeting with the New York billionaire during his first 100 days in office so they can talk about ways to advance their...

  • DUBAI, United Arab Emirates— The United Arab Emirates' main state oil company has signed a deal giving China National Petroleum Company an 8 percent stake in a major onshore oil project. The Abu Dhabi National Oil Company says CNPC will pay an initial $1.77 billion for the concession operated by the Abu Dhabi Company for Onshore Petroleum Operations, also known...

  • President Donald Trump's administration is working to dismantle a complex set of financial rules including the "fiduciary rule," which requires certain financial professionals to act in their clients' best interests when providing retirement advice. The rule's future is unclear but here's what you need to know now:. The fiduciary rule had been set to take...

  • Last year El Paso, Texas consumer products firm Helen of Troy bought it for $210 million. Now it sells more than 100 products in 17 countries, with prices ranging from $25 for a 12 oz. thermos up to $60 for a 64 oz. wide-mouth version. Scott Allan, Hydro Flask's CEO since 2012, recently spoke with The Associated Press about Hydro Flask's history and how it's managed its...

  • BAGHDAD— Iraq says new exploration has revealed an additional 10 billion barrels of oil, bringing its total proven reserves to 153 billion barrels. He says Iraq will ask the Organization of the Petroleum Exporting Countries to adopt the new figure. Iraq will remain the fourth largest OPEC member, after Venezuela, Saudi Arabia and Iran.

  • FRANKFURT, Feb 19- PSA Group has pledged to the German government to continue operating all four of Opel's German production sites as part of the French carmaker's planned takeover of General Motors' European arm, German Sunday paper Bild am Sonntag reported. Government sources told Reuters that PSA had signaled it was open to German demands to preserve sites,...

  • HONG KONG, Feb 19- Hypermarket operator Sun Art Retail Group Ltd on Sunday posted a 5.2 percent rise in 2016 net profit, beating forecasts, as steady demand from lower-tier cities helped offset growing pressure from the rapidly growing e-commerce sector. The retailer, a joint venture between Taiwanese conglomerate Ruentex Group and French retailer Groupe...

  • DUBAI, United Arab Emirates— Saudi oil giant Saudi Aramco says one person has been killed and three others injured as a result of an oil pipeline leak in the east of the kingdom. The company said in a statement Sunday that an emergency response team managed to contain the leak Saturday in Abqaiq. It did not provide details on how the contractor was killed.

  • *Ford's sales in Russia up 10 pct last year, beating rivals. *U.S. rival General Motors quit Russia in 2015. MOSCOW, Feb 19- Ford has become the first major foreign carmaker in Russia to see sales grow after three bad years, potentially vindicating its decision to double down on a notoriously volatile market when rivals decided to cut and run.

  • HONG KONG, Feb 19- Hypermarket operator Sun Art Retail Group Ltd on Sunday posted a 5.2 percent rise in 2016 net profit, beating forecasts, as steady demand from lower-tier cities helped offset increasing pressure from the country's rapidly growing e-commerce sector. The retailer, a joint venture between Taiwanese conglomerate Ruentex Group and French...

  • ROTTERDAM, Netherlands— For a small nation that has grown hugely wealthy thanks to centuries of doing business far and wide, the political mood in the Netherlands has turned surprisingly inward. As a March 15 parliamentary election looms in the Netherlands— one of the founding members of the European Union— popular lawmaker Geert Wilders is dominating polls...

  • ULAANBAATAR, Mongolia— The Mongolian government and envoys from the International Monetary Fund said Sunday that they and other partners have agreed on terms for a more than $5 billion loan package to the north Asian country to help get its economy back on track. The Asian Development Bank, World Bank, Japan and South Korea are together expected to provide up to...

  • BEIJING— China on Sunday began a suspension of all coal imports from North Korea for the rest of the year as it increases pressure on its communist neighbor to give up its nuclear and ballistic missile programs. The ban is in line with U.N. Security Council sanctions imposed in November in response to North Korea's fifth nuclear test two months earlier, the...

  • Feb 18- An explosion and fire at an oil refinery in Torrance, California, on Saturday forced the partial shutdown of the plant, leading oil traders to expect a spike this week in West Coast gasoline prices. Two years ago, a fire at the same plant led to its closure for several months and a sustained increase in West Coast gasoline prices for more than a year.

  • NEW YORK— Fiat Chrysler says it is recalling some Chrysler cars because driveshaft bolts can come loose on all-wheel drive models, increasing the risk of a crash. The recall is expected to begin March 31. About 75,000 cars are affected in the U.S., Canada and Mexico.

  • While the fact that the FBI is investigating had been reported previously by the New York Times and other media, these officials shed new light on both the precise number of inquires and their focus. The FBI's Pittsburgh field office, which runs many cyber security investigations, is trying to identify the people behind breaches of the Democratic National...

  • TORRANCE, Calif.— An explosion and fire erupted Saturday at a California oil refinery, exactly two years after a blast that crippled the plant and led to higher gasoline prices, authorities said. No injuries were reported from the Torrance Refining Co. near Los Angeles, and there were no evacuations or damage to any buildings outside the refinery, Assistant Fire...

  • PARIS/ LONDON, Feb 18- The chief executive of Peugeot manufacturer PSA Group will meet British Prime Minister Theresa May to discuss his firm's planned acquisition of General Motors' Opel and Vauxhall operations, a government spokesman said on Saturday. Both Britain and Germany fear PSA will cut jobs if the takeover goes ahead, and British politicians are...

  • ISTANBUL— A Turkish Airlines plane in Istanbul was evacuated Saturday after a suspicious note was discovered in one of its bathrooms. The Turkish Airlines cabin crew found the words "BOMB TO TORONTO" on the bathroom's wall on Flight TK-17 during its pushback from the gate, a Turkish Airlines press official told The Associated Press. The plane was leaving...