Wires

  • LONDON/ BRUSSELS, Sept 29- Europe's food safety watchdog will release data from some of the scientific studies it reviewed in its assessment of glyphosate, an ingredient in Monsanto's widely used herbicide Roundup and subject of a fierce row over possible cancer risk. Glyphosate, which is used in Roundup as well as other companies' weed-killers, is at the heart of...

  • *Shell, BP rise after OPEC agrees supply curbs. LONDON, Sept 29- Britain's top share index approached a 1-1/ 2 year high on Thursday, boosted by heavyweight oil companies after a decision by OPEC to curb output for the first time since 2008.. A rise in the shares of oil companies was the main driver behind the FTSE's gains, with Royal Dutch Shell jumping more than 6...

  • AUSTIN, Texas— Three conservative states are suing the Obama administration in an attempt to block the U.S. government from ceding oversight of some of the internet's core systems. The attorneys general of Texas, Oklahoma and Arizona on Thursday asked a federal court in Galveston, Texas, to keep the Commerce Department from relinquishing oversight of ICAN, or...

  • CRUDE UP BY $1 AT $48.07 A BARREL, THE HIGHEST IN ONE MONTH.

  • ROMULUS, Michigan— Volvo Car Corp. plans to sell a self-driving vehicle to consumers in five years. Volvo CEO Hakan Samuelsson says the car will have a steering wheel, but consumers can pay $10,000 extra for a full autopilot system that will let them relax while the car drives itself. They'll be tested on public roads in Sweden next year and in London and China in...

  • WASHINGTON— The nonpartisan investigative agency of Congress says the Obama administration failed to follow the president's health care law in a $5 billion dispute over compensating insurers for high costs from seriously ill patients. The finding by the Government Accountability Office is a setback for the White House and bolsters Republican...

  • Sept 29- Testing of nine wells near a sinkhole at a Mosaic Co fertilizer facility in Florida, site of a massive leak of contaminated water, shows that water meets safe drinking standards for radioactivity and damage has not spread beyond the site, the company said. A sinkhole 45 feet in diameter and 240 feet deep opened in late August at Mosaic's New Wales phosphate...

  • Sept 29- Alcobra Ltd's market value more than halved on Thursday, a day after the company said the U.S. Food and Drug Administration had placed a hold on its lead experimental drug. Shares of the Israel- based company fell as much as 58 percent to a record low of $1.95. The disorder affects about 4.1 percent of American adults aged 18 and above in a given year, and 9...

  • BOSTON— ExxonMobil is being sued by a Boston- based environmental group that says the company has polluted the Mystic River and failed to consider the potential impacts of climate change. The lawsuit filed in federal court on Thursday by Conservation Law Foundation accuses the petroleum company of violating the Federal Clean Water Act and other federal...

  • LONDON— Officials from China, Britain and France have attended a signing ceremony to mark the final approval for the construction of the new Hinkley Point nuclear power station in southwest England. It will be Britain's first new nuclear plant in more than two decades. British Business Secretary Greg Clark said the signing marked a crucial moment in Britain's...

  • NEW YORK, Sept 29- Oil prices rose nearly 2 percent on Thursday, extending their rally on optimism over OPEC's first output cut plan in eight years, although analysts questioned if the reduction will be enough to rebalance a heavily over-supplied market. OPEC said other details of the plan will be known at its policy meeting in November, leaving unanswered when...

  • U.S. HOUSE SPEAKER RYAN SAYS CONGRESS MAY HAVE TO "FIX" SEPT 11 SAUDI LEGISLATION TO PROTECT U.S.

  • FRANKFURT, Sept 29- Britain will have no choice but to stick with European Union banking laws when it leaves the bloc to avoid blowing a "huge hole" in its regulatory system, a financial industry lobbyist said on Thursday. This would blow a huge hole in Britain's regulatory system, "Bishop, who sits on the executive committee of the Financial Services Negotiation...

  • DETROIT, Sept 29- Electric carmaker Tesla Motors Inc. Chief Executive Elon Musk told employees in an email to follow company policy of not offering discounts on new cars, responding to some investors' concerns about the practice. In a Twitter message, Musk said "corrective action" had been taken on discounting of new vehicles, which "seems to be limited to a small...

  • *Q1 adj. profit 61 cents/ share vs. est. ConAgra said on Thursday it stopped promoting brands such as Chef Boyardee and Snack Pack at $1 at retailers. "Locking a brand into a $1 price point for decades it's just not a good business decision because it puts relentless pressure on margins and food quality...

  • WASHINGTON— Long-term mortgage rates dropped this week to the lowest level since July after the Federal Reserve chose to delay a rate hike.

  • BRUSSELS, Sept 29- A planned reform of global banking rules being discussed by the United States, Europe, Japan and other major economies risks negatively affecting European banks and needs to be changed, the EU financial services commissioner said on Thursday. But opponents, mostly in Europe and Japan, feel the review goes too far. "As things stand, the proposals...

  • "Nobody wants to really make a commitment one way or the other," said Bill Gentry, a broker at Risk Management Commodities in Lafayette, Indiana. At 10:15 a.m. CDT Chicago Board of Trade November soybean futures were up 3-1/ 4 cents at $9.48-3/ 4 a bushel. USDA on Thursday morning reported export sales of U.S. soybeans in the latest week at 1,692,900 tonnes, topping a...

  • LONDON, Sept 29- Euro zone government bond yields were broadly higher on Thursday, with Finland's 10- year yield moving out of negative territory, as a surprise decision by OPEC to trim crude oil output boosted both oil prices and risk appetite globally. While there was some caution as markets opened on Thursday as to how OPEC would implement such a plan, pushing...

  • NEW YORK, Sept 29- The U.S. dollar hit an eight-day high against the yen on Thursday on reduced appetite for the safe-haven currency a day after OPEC agreed to cut oil output, while easing concerns surrounding the European banking sector helped the euro gain. OPEC agreed on Wednesday to modest oil output cuts in the first such deal since 2008, with the group's...