*Tighter aluminum supply in China amid slow output from restarts. MANILA, Aug 19- London aluminum futures held near their strongest level in 13 months on Friday, propped up by firm demand and tighter supply in top market China. Aluminum production among restarted aluminum smelters in China following production curbs last year has been slow, causing supply to...
Such reports to Congress were required every three years under the Energy Independence and Security Act of 2007.. The EPA agreed with the inspector general's findings that it had failed to produce studies as legally required. That will be 17 years after Congress passed a law requiring oil companies to blend billions of gallons of ethanol into their gasoline.
SINGAPORE, Aug 19- Chicago soybeans slid for a second session on Friday as the market was weighed down by prospects of an all-time high U.S. crop, while corn climbed to its highest in three weeks on a short-covering bounce. *The U.S. Department of Agriculture has forecast record large soybean and corn harvests. *The USDA's weekly export report on Thursday morning...
KUALA LUMPUR/ SYDNEY/ LONDON, Aug 19- U.S. investment bank JPMorgan will include Islamic bonds, or sukuk, in its emerging markets indices for the first time from later this year, widening the appeal of Islamic instruments among global debt investors. Dollar-denominated sukuk from Turkey, Malaysia and Indonesia will be included in JPMorgan's flagship EMBI Global...
KUALA LUMPUR/ SYDNEY/ LONDON, Aug 19- U.S. investment bank JPMorgan will include Islamic bonds, or sukuk, in its emerging markets indices for the first time from later this year, widening the appeal of Islamic instruments among global debt investors. Dollar-denominated sukuk from Turkey, Malaysia and Indonesia will be included in JPMorgan's flagship EMBI Global...
BEIJING, Aug 19- China's top state planner has approved a 7.93 billion yuan worth of highway project in northwestern Gansu province, the National Development and Reform Commission said on Friday.
*Spot gold was down 0.3 percent at $1,348.26 an ounce at 0103 GMT. *San Francisco Fed President John Williams on Thursday joined a growing chorus of his colleagues signalling support for a U.S. interest rate hike in coming months, saying that waiting too long could be costly for the economy. *European Central Bank rate setters agreed not to discuss any policy change...
SAN FRANCISCO, Aug 18- A U.S. judge on Thursday rejected an attempt by Uber Technologies Inc to settle a class action lawsuit with drivers who claimed they were employees and entitled to expenses. District Judge Edward Chen in San Francisco ruled the settlement was not fair or adequate for Uber drivers. Some drivers had objected to terms of the settlement valued...
SINGAPORE, Aug 19- Brent crude oil prices dipped in early Asian trading hours on Friday, but remained near two-month highs with Brent still holding above $50 per barrel in a bull-run that has lifted the market by over 20 percent since early August. The lower prices during early Asian hours- which is late the previous day in the Americas due to the time zone...
MANILA, Aug 19- London aluminium futures held near their strongest level in 13 months on Friday on worries over tighter supply, while copper was headed for its first weekly gain in five. *Three-month aluminium on the London Metal Exchange was little changed at $1,681 a tonne by 0055 GMT, after hitting on Thursday its highest since July last year at $1,709 a tonne.
NEW YORK, Aug 18-- Viacom Inc and controlling shareholder Sumner Redstone have come to an agreement on terms of a settlement that would result in the departure of Chief Executive Philippe Dauman, two sources familiar with the situation told Reuters on Thursday. The settlement would end the battle for control over Redstone's $40 billion empire that includes...
TOKYO, Aug 19- The dollar wallowed close to eight-week lows against the euro in Asian trade on Friday, poised for weekly losses, after minutes of the U.S. New York Fed President William Dudley said strong employment and a long-awaited return of middle-wage jobs suggest the labour market is tightening and the broader U.S. economy is on track, and earlier this week, he...
*Stocks in Japan, S.Korea and Australia edge up. TOKYO, Aug 19- Asian stocks edged up on Friday as Wall Street benefited from buoyant crude oil prices and expectations U.S. borrowing costs will remain at stimulatory levels at least until year-end. MSCI's broadest index of Asia-Pacific shares outside Japan stood steady.
VIACOM AND CONTROLLING SHAREHOLDER SUMNER REDSTONE COME TO AN AGREEMENT ON LITIGATION, CEO DAUMAN TO LEAVE- SOURCES.
VIACOM CHIEF OPERATING OFFICE TOM DOOLEY TO REPLACE DAUMAN AS INTERIM CEO THROUGH SEPTEMBER- SOURCES.
VIACOM BOARD TO ADD FIVE NEW DIRECTORS THAT NATIONAL AMUSEMENTS INC PUT FORWARD IN JUNE-SOURCES.
DAUMAN TO HAVE OPPORTUNITY TO PRESENT PARAMOUNT STAKE SALE TO VIACOM BOARD, WOULD REQUIRE UNANIMOUS APPROVAL-SOURCES.
VIACOM AND CONTROLLING SHAREHOLDER SUMNER REDSTONE VERY CLOSE TO DEAL ON SETTLEMENT MARKING VICTORY FOR REDSTONE-SOURCES.
VIACOM CEO PHILIPPE DAUMAN TO STEP DOWN AND RECEIVE $72 MILLION- SOURCES.
SAN FRANCISCO, Aug 18- U.S. mobile payments company Square Inc posted three new job openings in Europe on Thursday, signaling it is moving closer to ramping up operations in the region through an initial venture in Britain. It is seeking a compliance analyst and communications manager, both based in London, and a technical customer support representative, based...