Wires

  • Jan 24- Cisco Systems Inc said on Tuesday it intends to acquire U.S. business software company AppDynamics Inc for about $3.7 billion in cash and assumed equity awards. Appdynamics will continue to be led by David Wadhwani, Cisco said in a statement. IFR reported earlier this month that AppDynamics is scheduled for IPO pricing on Jan. 25 and plans to sell 12 million...

  • MANILA, Jan 25- London aluminum futures held close to 20- month highs early in Asia on Wednesday, buoyed by reports of possible capacity cuts in China, while copper steadied near its highest in almost two months. *Traders cited a Bloomberg story saying that China is drawing up plans that would halt about 3.3 million tonnes of operational aluminum capacity during...

  • President Donald Trump met with auto executives on Tuesday and gave the energy industry a boost with action on pipelines. ,Ford Motor Co and Fiat Chrysler Automobiles NV. The Environmental Protection Agency and the Agriculture Department will hold off on some rules as part of a freeze on regulations imposed by the Trump administration, trade groups say.

  • President Donald Trump met with auto executives on Tuesday and gave the energy industry a boost with action on pipelines. ,Ford Motor Co and Fiat Chrysler Automobiles NV. The Environmental Protection Agency and the Agriculture Department will hold off on some rules as part of a freeze on regulations imposed by the Trump administration, trade groups say.

  • President Donald Trump met with auto executives on Tuesday and gave the energy industry a boost with action on pipelines. ,Ford Motor Co and Fiat Chrysler Automobiles NV. The Environmental Protection Agency and the Agriculture Department will hold off on some rules as part of a freeze on regulations imposed by the Trump administration, trade groups say.

  • President Donald Trump met with auto executives on Tuesday and gave the energy industry a boost with action on pipelines. ,Ford Motor Co and Fiat Chrysler Automobiles NV. The Environmental Protection Agency and the Agriculture Department will hold off on some rules as part of a freeze on regulations imposed by the Trump administration, trade groups say.

  • President Donald Trump met with auto executives on Tuesday and gave the energy industry a boost with action on pipelines. ,Ford Motor Co and Fiat Chrysler Automobiles NV. The Environmental Protection Agency and the Agriculture Department will hold off on some rules as part of a freeze on regulations imposed by the Trump administration, trade groups say.

  • President Donald Trump met with auto executives on Tuesday and gave the energy industry a boost with action on pipelines. ,Ford Motor Co and Fiat Chrysler Automobiles NV. The Environmental Protection Agency and the Agriculture Department will hold off on some rules as part of a freeze on regulations imposed by the Trump administration, trade groups say.

  • LONDON, Jan 24- China imported 3.63 million tonnes of refined copper last year, just shy of the previous year's record 3.68 million tonnes. However, the strength of China's appetite for imported copper was still a major surprise given all the concern at the start of the year about the potential for a metallic hard landing in the country's economy.

  • LONDON, Jan 24- Saudi Arabia's energy minister has predicted production cuts by OPEC and non- OPEC countries will reduce global oil inventories by 300 million barrels by the middle of 2017.. But traders have become more wary as the initial surprise from the ambitious OPEC and non- OPEC deals fades and the market becomes more watchful. The calendar spread for WTI...

  • Jan 24- Safety standards for lithium-ion batteries need to be modernized following a massive recall of Samsung Electronics Co Ltd phones after faulty batteries caused fires, a U.S. government agency said on Tuesday. "Consumers should never have to worry that a battery-powered device might put them, their family or their property at risk, Consumer Product...

  • *Spot gold prices were firm at $1,209.54 per ounce at 0033 GMT. *Trump formally withdrew from the Trans-Pacific Partnership trade deal on Monday and told U.S. manufacturing executives he would impose a hefty border tax on firms that import products after moving American factories overseas. *The European Central Bank could soon start planning an exit from its...

  • SAO PAULO/ MEXICO CITY, Jan 24- Mexico's blue-chip stock index on Tuesday saw its largest one-day rise since the election of President Donald Trump, just one day before key negotiations on trade with the United States begin. The IPC rose 2.19 percent, its third consecutive day of gains, as Mexico prepared to discuss changes in trade rules about a product's country...

  • Jan 24- Cisco said on Tuesday it intends to acquire AppDynamics Inc for about $3.7 billion in cash and assumed equity awards.

  • HONG KONG, Jan 25- Asian stocks are set to climb to fresh three-month highs on Wednesday following a stronger Wall Street as investors welcomed U.S. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.16 percent. "After a bumpy start in the first few days where Trump focused on protectionist measures, the markets reacted positively...

  • SINGAPORE, Jan 25- Oil edged lower on Wednesday, snapping four sessions of gains as an increase in U.S. inventories weighed on the market, offsetting bullish momentum from production cuts announced by OPEC and other producers. West Texas Intermediate crude futures had fallen 19 cents, or 0.3 percent, to $52.99 a barrel by 0022 GMT. The Energy Information...

  • *Bonus offer cut to $12,000, from $49,000 four years ago. SANTIAGO, Jan 24- Unionized workers at BHP Billiton-run Escondida, the world's biggest copper mine, said on Tuesday they rejected the company's latest wage offer and asked workers to vote for a strike and prepare for an extended conflict. Talks four years ago ended with Escondida offering each worker a bonus...

  • SEOUL, Jan 25- South Korea said on Wednesday it will continue with corporate restructuring efforts in 2017, with plans focusing on shipping and shipbuilding companies struggling with shrinking global demand. South Korea launched efforts last year to save its shipping and shipbuilding industries, traditional engines of growth, including injecting...

  • President Donald Trump issued a pair of memoranda to several agencies paving the way to revive Keystone XL, which would bring oil from Canada, and Dakota Access, a nearly completed pipeline which had sought to build under a lake near a Native American reservation in North Dakota. "Presidents are by and large entitled to take their agencies in a different...

  • PANAMA CITY, Jan 24- Panama prosecutors said on Tuesday they had charged 17 people, including several businessmen and former government officials, with money laundering as part of the case of millions of dollars worth of bribes paid by Brazilian construction firm Odebrecht S.A.. Attorney General Kenia Porcell declined to name the accused, but local media...