Wires

  • REDDING, Calif. _ Bank of Commerce Holdings on Friday reported fourth-quarter profit of $2.3 million. The bank, based in Redding, California, said it had earnings of 17 cents per share. Bank of Commerce shares have declined 4 percent since the beginning of the year.

  • Jan 20- Procter& Gamble Co reported better-than-expected quarterly sales, driven partly by strong organic sales in its beauty and health care businesses, and raised its fiscal 2017 forecast for organic sales growth. Shares of the company, which makes Tide detergent and Pampers diapers, were up as much as 3.9 percent in afternoon trading on Friday.

  • The deal will come after Iran, which had not directly purchased a Western-built plane in nearly 40 years, signed contracts with Europe's Airbus and U.S. rival Boeing last year to purchase about 180 jets. That became possible after an agreement between Iran and six major powers lifted most international sanctions imposed on Tehran, in exchange for Iran curbing...

  • DETROIT— The outgoing head of the government agency charged with keeping highways safe is worried that auto safety won't be a priority for the incoming Trump administration. Mark Rosekind, who leaves his job leading the National Highway Traffic Safety Administration on Friday, said during an interview with The Associated Press the agency has taken steps to...

  • *TDC rises after report of possible Telia bid. MILAN, Jan 20- European shares fell, posting their biggest weekly loss since before Donald Trump won the U.S presidential election in November, as investors grew cautious before his inauguration. Britain's FTSE slipped 0.1 percent and posted a weekly decline of 1.9 percent.

  • *TDC rises after report of possible Telia bid. MILAN, Jan 20- European shares fell, posting their biggest weekly loss since before Donald Trump won the U.S presidential election in November, as investors grew cautious before his inauguration. Britain's FTSE slipped 0.1 percent and posted a weekly decline of 1.9 percent.

  • No one foresaw the ultimate collapse of Nate Parker's "Birth of a Nation" after its stellar reception at the Sundance Film Festival last year, when perfect timing, immense hype and a vigorous bidding war resulted in a record-setting $17.5 million sale. "It was a film that was received with a once-in-every-10 years kind of reception," recalls Tatiana Siegel, a senior...

  • TOULOUSE, Jan 20- A deal for Iran to buy 20 short-haul passenger aircraft from ATR should be signed imminently, the head of the European planemaker told Reuters on Friday. The deal will come after Iran, which had not directly purchased a Western-built plane in nearly 40 years, signed contracts with Europe's Airbus and U.S. rival Boeing last year to purchase about...

  • NEW YORK/ LONDON, Jan 20- Former British finance minister George Osborne, who lost his job after Britain's vote to leave the European Union, will join BlackRock Inc as an adviser next month, the world's largest asset manager said on Friday. Osborne will work as a part-time senior adviser to the BlackRock Investment Institute, an arm of the asset manager that serves...

  • Communist China is the world's champion of free trade and globalization. And Europe, spurned by Washington and London, is turning to Beijing to fill the void. Welcome to the World Economic Forum in Davos circa 2017.

  • US TREASURY YIELDS FALL SLIGHTLY AS TRUMP SPEAKS, 10- YEAR YIELDS FALL TO 2.48 PCT.

  • That's why Sabine Choucair was invited to Davos, quips a quick-witted panel moderator. The Lebanese-born, curly-haired artist in baggy green trousers and with a frequent raspy laugh made her debut this week at the World Economic Forum in Davos, Switzerland, a special invitee more accustomed to entertaining refugees than livening up serious thought-fests.

  • LONDON— Former British Treasury chief George Osborne is to join investment management firm BlackRock as an adviser. A strong advocate of Britain remaining in the European Union, he was fired by Prime Minister Theresa May after the country's June decision to leave. He is not planning to resign from the House of Commons when he takes up the post Feb. 1.

  • LONDON, Jan 20- Euro zone government bond yields hit one-month highs on Friday as investors, looking ahead to Donald Trump's presidency, focused on prospects of stronger economic growth and higher inflation. Fed Chair Janet Yellen reiterated on Thursday that the central bank should continue to raise rates slowly or risk harming the economic recovery.

  • NEW YORK— A mysterious Skittles spill on a rural highway in Wisconsin is taking another twist, with Mars Inc. saying it doesn't know why the discarded candy was about to be used as cattle feed. The case began when a Wisconsin sheriff posted on Facebook this week that "hundreds of thousands of Skittles" had been found spilled on a rural highway and it was unclear how...

  • No longer 'rising', Africa pushed to the margin at Davos.

  • No longer 'rising', Africa pushed to the margin at Davos.

  • *Africa low on agenda at Davos 2017 amid focus on Trump, Brexit. DAVOS, Switzerland Jan 20- In this Swiss Alps town where the global elite have gathered to debate the world's problems, there seems to be little room on the radar for Africa, a continent of over a billion people where a commodity-fuelled growth boom has soured with a vengeance. These issues seem a world...

  • *Africa low on agenda at Davos 2017 amid focus on Trump, Brexit. DAVOS, Switzerland Jan 20- In this Swiss Alps town where the global elite have gathered to debate the world's problems, there seems to be little room on the radar for Africa, a continent of over a billion people where a commodity-fuelled growth boom has soured with a vengeance. These issues seem a world...

  • *Africa low on agenda at Davos 2017 amid focus on Trump, Brexit. DAVOS, Switzerland Jan 20- In this Swiss Alps town where the global elite have gathered to debate the world's problems, there seems to be little room on the radar for Africa, a continent of over a billion people where a commodity-fueled growth boom has soured with a vengeance. These issues seem a world away...