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  • SUNDAY, JULY 31 BALI, Indonesia- Bank Indonesia and the Federal Reserve Bank of New York hold a two-day international seminar. Speakers: Reserve Bank of India Governor Raghuram Rajan, Swiss National Bank Chairman Thomas Jordan, Monetary Authority of Singapore Managing Director Ravi Menon, Bank Indonesia Deputy Governor Perry Warjiyo, IMF Deputy Managing...

  • BUENOS AIRES, Argentina— The Renault-Nissan Alliance says it will invest $800 million in Argentina. About $600 million from the investment will go toward launching a first line of fabrication for some 70,000 pickups, including Nissan's NP300 Frontier and Renault's Alaskan. The car-making alliance will also invest $100 million in the production of...

  • SAN FRANCISCO, July 29- A federal judge on Friday denied a motion by Uber Technologies Inc to compel arbitration in a passenger lawsuit over so-called surge pricing brought against the ride-hailing company's chief executive. Spencer Meyer, a Connecticut passenger and the lead plaintiff who filed the lawsuit, was subject to a user agreement requiring that...

  • WASHINGTON, July 29- Tesla Motors Inc told U.S. Senate Commerce Committee staff it is considering two theories that may help explain what led to the May 7 fatal crash that killed a Florida man who was using the car's "Autopilot" system, a person familiar with the meeting told Reuters on Friday. Joshua Brown was killed when his vehicle drove under the tractor-trailer.

  • Bayer lost an attempt to continue sales of flubendiamide, marketed in the United States as Belt, after the EPA earlier found that it posed risks to the environment. An EPA board, however, ruled that farmers and retailers will be allowed to use their existing supplies of the chemical, Bayer said in a statement. The EPA could not be reached for comment after normal...

  • The FCC rules prohibit broadband providers from giving or selling access to speedy internet- essentially a "fast lane" on the web's information superhighway- to certain internet services over others. In siding with the FCC, the court treated the internet like a public utility and opened the door to further internet regulations. "It comes as no surprise that the...

  • SAO PAULO, July 29- Brazil's former President Luiz Inacio Lula da Silva and the former chief executive of investment bank Grupo BTG Pactual SA will stand trial for obstruction of justice, documents from a federal court in Brasilia showed on Friday. The case dates to last November, when former Senator Delcidio do Amaral and Andre Esteves, the founder and former CEO...

  • SAN FRANCISCO, July 29- A federal judge on Friday denied a motion by Uber Technologies Inc to compel arbitration in a passenger lawsuit over so-called surge pricing brought against the ride-hailing company's chief executive. Spencer Meyer, the Connecticut passenger who filed the lawsuit, was subject to a user agreement requiring that disputes with San...

  • BUENOS AIRES, July 29- The presidents of Argentina and Mexico agreed to deepen a pre-existing commercial accord on Friday, in a bid to set the groundwork for a bilateral free trade agreement. "Starting from the deepening of the ACE 6, we hope to have a free-trade agreement next year," Argentine President Mauricio Macri said at the Argentina-Mexico Economic Forum...

  • JUDGE DENIES UBER'S MOTION TO COMPEL ARBITRATION IN SURGE-PRICING LAWSUIT FILED AGAINST CEO KALANICK- COURT DOCUMENTS.

  • BENGHAZI, Libya, July 29- Libya's U.N.-backed government has signed a deal with an armed brigade controlling the major Ras Lanuf and Es Sider oil ports to end a blockade and restart exports from the terminals shut down since December 2014. No specific date was set for restarting exports, but swift resumption would be hampered by technical damage from militant...

  • CARACAS, July 29- Venezuela's struggling telecoms operators must maintain fixed low prices after the country's regulator Conatel suspended their application to raise fees, doubling down on state-led economic policies. Regulator Conatel said President Nicolas Maduro had instructed the agency to suspend price hikes despite desperate calls from a...

  • NEW YORK, July 29- Wall Street, seeking direction as the S&P 500 has been stuck in a narrow trading range for 12 days, will next week shift its attention from second-quarter corporate earnings reports to economic data. The overall tone will be of an economy that is getting better at a reasonable pace, "said John Manley, chief equity strategist at Wells Fargo Funds...

  • FRANKFURT, July 30- Deutsche Bank showed a weaker reading in the European Union's banking stress test than most of its peers, indicating that the lender still has far to go in a revamp it launched last year. In a theoretical economic and financial shock, the capital level of Germany's flagship lender would drop to 7.8 percent from 10.8 percent at the end of last year,...

  • SAO PAULO/ MEXICO CITY, July 29- The Brazilian real strengthened on Friday, closing 1.63 percent higher against the dollar as the country's central bank refrained from intervening to curtail a rally triggered by lower expectations of U.S. rate increases this year. Also boosted by the U.S. data, the Mexico peso gained 0.69 percent to close at 18.76 pesos per dollar.

  • LONDON, July 29- Banks from Italy, Ireland, Spain and Austria fared worst in the latest European Union stress test, which the region's banking watchdog said on Friday showed there was still work to do in order to boost credit to the bloc's economy. "While a number of individual banks have clearly fared badly, the overall finding of the European Banking Authority- that...

  • AUSTIN, Texas— Texas fined Blue Bell Creameries for a listeria contamination last year linked to the deaths of three people, but the ice cream maker could end up paying only a fraction of the $850,000 penalty under an agreement announced Friday. The Texas company is required to immediately pay the state $175,000, but the rest will be forgiven under the terms of the...

  • July 29- If the Bank of Japan is indeed turning away from easier monetary policy as a means to fix its economy, then the only thing for certain is lower asset prices. "We do not believe it will be possible for the BOJ to achieve its inflation goal, or any inflation whatsoever, while the nation is depopulating: We believe deflation is the natural companion of a shrinking...

  • HOUSTON _ Willbros Group Inc. on Friday reported a loss of $6.4 million in its second quarter. The average estimate of four analysts surveyed by Zacks Investment Research was also for a loss of 9 cents per share. Willbros expects full-year revenue in the range of $750 million to $800 million.

  • CHICAGO, July 29- Chicago's cash-starved public schools borrowed $150 million to pay for capital projects in a privately placed deal with a yield of 7.25 percent, the nation's third largest school district announced on Friday. "Today, CPS sold $150 million in bonds for capital projects at a significantly more favorable interest rate than its last issuance," Ron...