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Wires

  • COLUMBUS, Ohio— A federal agency has told a company building a high-pressure natural gas pipeline it cannot resume drilling beneath creeks in southeast Ohio and northern West Virginia. The Columbus Dispatch reports the Federal Energy Regulatory Commission on Thursday rejected Texas- based Energy Transfers' request to resume horizontal drilling.

  • MEDORA, N.D.— When Meridian Energy Group set out to develop "the cleanest refinery on the planet," it chose a spot in western North Dakota's oil patch near highways, railroads and a picturesque national park named for a former president revered for his conservation advocacy. Now the longtime former leader of Theodore Roosevelt National Park, the state's top...

  • BEIJING, May 27- China's securities markets regulator published rules on Saturday aimed at preventing major shareholders of listed companies from reducing their holdings in an "intensive, massive and disorderly" manner that "disturbed market order and dented investor confidence," according to a statement on its website. The China Securities Regulatory...

  • NEW DELHI, May 27- Indian meat traders plan to take the government to court over new rules banning the trading of cattle including buffalo for slaughter, calling it a move by Prime Minister Narendra Modi's administration to hurt the business run mainly by Muslims. India is the biggest seller of buffalo meat in the world, with exports of more than $4 billion a year to...

  • TAORMINA, Italy, May 27- Under pressure from allies, U.S. The summit of Group of Seven wealthy nations pitted Trump against the leaders of Germany, France, Britain, Italy, Canada and Japan on several issues, with European diplomats frustrated at having to revisit questions they hoped were long settled. "There are no indications whether the United States will stay in...

  • TAORMINA, Italy, May 27- In an unusual admission, Group of Seven leaders said in their final communique on Saturday that they had failed to bridge differences over climate change, with the United States unable to join other countries in committing to the Paris Agreement. "The United States of America is in the process of reviewing its policies on climate change and...

  • OTTAWA, May 27- Canada's official opposition Conservative Party is set to elect a new leader on Saturday, seeking to regroup and rebrand as it gears up for the 2019 election race against Prime Minister Justin Trudeau's still-popular Liberals. "The challenge will be to attack Justin Trudeau's weaknesses, but also to bring Conservatives who have left the party...

  • BARCELONA, Spain— Spanish Prime Minister Mariano Rajoy warned Catalan business leaders on Saturday of "terrible economic consequences" if separatists win independence for the northeastern region. Speaking in the Catalan coastal town of Sitges, Rajoy told the Circulo de Economia business group that if Catalonia breaks away from Spain it could lose up to 30...

  • LONDON— The Latest on British Airways flight stalled by IT failure:. British Airways says it is canceling all of its flights from London's Heathrow and Gatwick airports for the rest of the day because of a "major IT system failure." Passengers at Heathrow reported long lines at check-in counters and the failure of the airline's website and mobile app.

  • TAORMINA, Sicily— In tweet, Trump says he'll make final decision next week on whether US stays in Paris climate agreement.

  • TAORMINA, Italy, May 27- Leaders of the Group of Seven wealthy nations pledged on Saturday to fight protectionism, overcoming resistance from U.S. However, the United States remained isolated from the other six G7 nations over climate change, demanding more time to decide whether to honour its commitments to reduce carbon emissions under the 2015 Paris...

  • TAORMINA, Sicily— The Latest on Group of Seven summit:. After a two-day summit in Italy, French President Emmanuel Macron had warm words for Donald Trump, despite the fact the U.S. president did not join in with other Group of Seven nations in supporting the Paris accord on fighting global warming. Macron said he told Trump that is "indispensable for the reputation of...

  • TAORMINA, Sicily— Germany's Merkel: G-7 will agree to act against protectionism; Climate discussion was "unsatisfactory".

  • LONDON— British Airways canceled all flights from London's Heathrow and Gatwick airports Saturday as a global IT failure caused severe disruption for travelers on a busy holiday weekend. BA said terminals at Heathrow and Gatwick had become extremely congested and cancelled all flights from those airports until 6 p.m.. Passengers at Heathrow reported long...

  • BEIJING, May 27- China's non-financial outbound direct investment in January-April slumped 56.1 percent from the same period of last year to $26.37 billion, the commerce ministry said, underscoring the impact of the nation's capital curbs. China tightened its grip on moving funds out of the country late last year as the yuan fell to eight-year lows.

  • TAORMINA, Sicily— Seven wealthy democracies ended their summit Saturday in Italy without unanimous agreement on climate change, as the Trump administration plans to take more time to say whether the U.S. is going to remain in the Paris accord on limiting greenhouse gas emissions. "is in the process of reviewing its policies on climate change and on the Paris...

  • BEIJING, May 27- China's non-financial outbound direct investment in April plummeted 70.8 percent from a year earlier to $5.83 billion, the commerce ministry said in a statement on its website on Saturday.

  • TORONTO, May 26- The Toronto Stock Exchange's efforts to win a slice of the massive Saudi Aramco public listing plays up the country's deep experience in natural resources as part of a broader offer to help the kingdom with its shift away from oil dependence. One source directly involved in the Canadian pitch told Reuters they are focused on convincing the...

  • TAORMINA, Italy, May 27- Leaders of the Group of Seven wealthy nations met African heads of state on Saturday, the final day of their annual summit which has been marked by discord over climate change, but unity on tackling terrorism. Italy had hoped to make Africa the major focus of the annual G7 gathering, holding the discussions on the island of Sicily that has...

  • BEIJING, May 27- The outstanding amount of China's dollar-denominated Qualified Foreign Institutional Investor programme rose to $92.72 billion as of May 26, from $90.76 billion at the end of April, the foreign exchange regulator said on Saturday.