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Wires

  • WASHINGTON— A Kuwaiti logistics company has agreed to pay $95 million to resolve allegations that it inflated prices and defrauded the U.S. government for contracts to feed American troops in Iraq, Kuwait and Jordan. Agility had been suspended from federal government contracting since its indictment in 2009. The Department of Defense's Defense Logistics...

  • Once on the brink of forced retirement, the A-10 attack plane with the ungainly shape and odd nickname has been given new life, spared by Air Force leaders who have reversed the Obama administration's view of the plane as an unaffordable extra in what had been a time of tight budgets. In the 2018 Pentagon budget plan sent to Congress this week, the Air Force proposed...

  • TAORMINA, Italy— Down to the final day of his lengthy first international trip, President Donald Trump will lift off for Washington having rattled some allies and reassured others, returning to a White House that sits under a cloud of scandal. Trump will spend Saturday at the second day of the G-7 summit in Sicily, bringing to an end a nine-day trip that started in...

  • Profits in April rose to 572.78 billion yuan, the National Bureau of Statistics said on its website. A building boom, fueled by a government infrastructure spree and a heated housing market, has boosted demand and prices for materials from steel to cement, giving China's long ailing "smokestack" industries more cashflow to chip away at a mountain of debt.

  • BEIJING, May 27- Profits earned by Chinas industrial firms in April rose 14.0 percent from a year earlier, the statistics bureau said on Saturday, slowing from the pace in March. Profits in April rose to 572.78 billion yuan, the National Bureau of Statistic said on its website. The data includes large companies with annual revenues of more than 20 million yuan from...

  • May 26- Hackers used malware to steal customer payment data from most of Chipotle Mexican Grill Inc's restaurants over a span of three weeks, the company said on Friday, adding to woes at the chain whose sales had just started recovering from a string of food safety lapses in 2015.. Chipotle said it did not know how many payment cards or customers were affected by...

  • Mikhail Fridman, Petr Aven and German Khan of Alfa Bank are seeking unspecified damages from BuzzFeed, editor-in-chief Ben Smith, reporter Ken Bensinger, and editors Miriam Elder and Mark Schoofs. The dossier published Jan. 10 included explosive claims that Russian officials had compiled compromising information about Republican Donald Trump.

  • RIO DE JANEIRO/ BRASILIA, May 26- Maria Silvia Bastos resigned on Friday as head of Brazil's development bank BNDES amid a political crisis that had increased pressure against her by credit-starved business leaders. Bastos, who cited personal reasons for her resignation, is the first senior member of the economic team to leave the administration since...

  • 1- Jun Spain Bond auction 1- Jun Japan 3- month discount bill auction 1- Jun Japan Auction of 10- year government bonds 5- Jun France Auction of BTF Treasury notes 6- Jun United Kingdom Auction of 0 1/ 2% Treasury Gilt 2022. 6- Jun Netherlands DTC auction 6- Jun Japan Auction of 30- year government bonds 7- Jun Germany Auction of 5- year Federal notes 7- Jun Sweden...

  • 1- Jun Spain Bond auction 1- Jun Japan 3- month discount bill auction 1- Jun Japan Auction of 10- year government bonds 5- Jun France Auction of BTF Treasury notes 6- Jun United Kingdom Auction of 0 1/ 2% Treasury Gilt 2022. 6- Jun Netherlands DTC auction 6- Jun Japan Auction of 30- year government bonds 7- Jun Germany Auction of 5- year Federal notes 7- Jun Sweden...

  • *VIENNA- Austrian National Bank Governor Ewald Nowotny to speak at a macro-economics conference. BRUSSELS- ECB President Mario Draghi speaks at the European Parliament in Brussels. VIENNA- Austrian National Bank Governor Ewald Nowotnty to speak on a panel about Marshall plan- 1600 GMT.

  • *VIENNA- Austrian National Bank Governor Ewald Nowotny to speak at a macro-economics conference. BRUSSELS- ECB President Mario Draghi speaks at the European Parliament in Brussels. VIENNA- Austrian National Bank Governor Ewald Nowotnty to speak on a panel about Marshall plan- 1600 GMT.

  • May 26- Hackers used malware to steal customer payment data from most of Chipotle Mexican Grill Inc's restaurants over a span of three weeks, the company said on Friday, adding to woes at the chain that has just started recovering from a string of food safety lapses in 2015.. Chipotle said it did not know how many payment cards or customers were affected by the...

  • SAO PAULO/ CUIABÁ, May 26- An unfolding corruption scandal involving meatpacker JBS SA may reduce meat supply in Brazil, potentially benefiting rivals of the world's largest beef exporter, industry group Abrafrigo said. Since the scandal broke, JBS and ranchers have been at odds, with the company deciding to stop buying cattle for cash and producers reluctant...

  • LAS VEGAS— Allegiant Air's parent says its chief operating officer has resigned, the second high-ranking executive to leave the discount carrier this month. Allegiant Travel Co. said Friday that Jude Bricker is leaving, but the airline gave no further explanation. Before the personnel announcement Friday, Allegiant's shares closed down 60 cents at $145.95.

  • GRAND RAPIDS, Mich.— A Michigan jury has convicted a Florida co-pilot of being drunk while preparing for a charter airline flight last summer. The Grand Rapids Press reports he'll be sentenced Sept. 19. Fitzgerald, of Boca Raton, was arrested Aug. 25 at Traverse City's Cherry Capital Airport while preparing for a Talon Air flight to Massachusetts.

  • BRASILIA/ RIO DE JANEIRO, May 26- Maria Silvia Bastos resigned on Friday as head of Brazil's development bank BNDES amid a political crisis that had increase pressure against her by credit-starved business leaders. Bastos, who cited personal reasons for her resignation, is the first senior member of the economic team to leave the administration since...

  • DUBAI, May 27- Kuwait's Agility, one of the largest Gulf logistics companies, said on Friday it had agreed to pay $95 million in cash to settle a civil lawsuit accusing it of defrauding the United States military on food supply contracts. It follows the earlier settlement of the parallel criminal portion of the case involving more than $8.6 billion of contracts...

  • *Italy looks to put focus on Africa, migration. TAORMINA, Italy, May 27- Leaders of the Group of Seven wealthy nations meet 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. President Donald Trump told his G7 counterparts from Britain, Canada, France, Germany,...

  • BRASILIA, May 26- The Brazilian presidential office said Friday that the head of the government's IBGE statistics agency would take over as the new CEO of BNDES, the state development bank. Paulo Rabello de Castro takes over following the Friday evening resignation of Maria Silvia Bastos, who said she was leaving the development bank after a year for personal...