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  • ALBUQUERQUE, N.M.— A private jet once owned by Elvis Presley has been auctioned after sitting on a runway in New Mexico for 30 years. The plane sold for $430,000 on Saturday at an Agoura Hills, California, event featuring celebrity memorabilia, GWS Auctions Inc. said. Roy McKay told KOB-TV in Albuquerque on Tuesday he designed the interior himself.

  • LIMA, May 27- The financial arm of the World Bank is considering issuing about $2 billion in bonds to finance environmentally friendly projects in Peru, the nation's economy minister said on Saturday. The International Finance Corporation, an arm of the World Bank, "is thinking of doing an emission of green bonds here, and that's going to give us $2 billion, more or...

  • MUMBAI, May 27- Indian mobile phone network operator Reliance Communications Ltd posted its second straight quarterly loss on Saturday, hit by the price war which has broken out in the world's second-biggest mobile market by number of users. Reliance Communications, controlled by billionaire Anil Ambani, said on Saturday it made a consolidated net loss of...

  • May 27- General Motors Co said on Saturday that proxy advisory firm Institutional Shareholder Services has recommended that shareholders vote against a slate of directors proposed by hedge fund Greenlight Capital and reject the hedge fund's plan to divide GM shares into two classes. The advice from ISS is a setback for Greenlight and its manager David...

  • *G7 leaders agree on Russia, Syria, North Korea. TAORMINA, Italy, May 27- Under pressure from Group of Seven allies, U.S. The summit of G7 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 had hoped were long settled.

  • MUMBAI, May 27- Canada's Fairfax Financial Holdings plans to sell a 12.2 percent stake in its Indian joint venture insurer ICICI Lombard in a deal that will value the company at 203 billion rupees, the Indian company said on Saturday. Red Bloom Investment Ltd, a company wholly owned by private equity investment funds managed by Warburg Pincus, is buying a 9 percent...

  • SACRAMENTO, Calif.— California Democrats are expanding their efforts to resist President Donald Trump's crackdown on immigrants in the country illegally with bills aimed at limiting how much private businesses can cooperate with federal immigration authorities. Ann Morse, who tracks immigration bills for the National Conference of State Legislatures,...

  • Local leaders in Austin, the conservative state's most liberal city, argued unsuccessfully that its tech-driven economy was uniquely positioned to launch capable alternatives that could fill the gap. "Austin is an incubator for technology and entrepreneurship, and we are excited to be back in the mix," Uber spokesman Travis Considine said Thursday.

  • 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:. The tensions took place when anarchists, communists and other anti-global protesters held a demonstration after the Group of Seven summit in Taormina, Sicily. 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...