Wires

  • BUENOS AIRES, Sept 26- Argentina's central bank will continue to set its policy rate on a weekly basis in 2017 but will no longer tie the rate to short-term Lebac securities, central bank chief Federico Sturzenegger said on Monday. The bank is seeking to contain inflation that economists see at around 40 percent in 2016, also a priority of center-right President...

  • BELLINGHAM, Wash., Sept 26- Central banks may find it more challenging to maintain inflation targets as the world economy becomes more integrated with increased international trade, the head of the Bank of Canada said on Monday. Policymakers need to acknowledge the risks from these changes and consider how to blunt their potential impact on monetary policy...

  • In a sign of growing ambition beyond its taxi business, Uber is gearing up to deliver meals in Amsterdam this week just as Takeaway.com, the restaurant ordering leader in the Netherlands, lists on the Amsterdam stock market. The plan include 16 cities in 12 European countries ranging from Moscow to Madrid to Manchester, 11 new cities in nine Asian countries-...

  • *India's biggest telecoms spectrum auction starts Oct. 1. But, industry insiders and advisers say, the race for premium spectrum will carve up 4 G airwaves, and the spending splurge could even decide the size and timing of one of India's largest listings: Vodafone's own Indian IPO. India's telecoms sector is crowded, cut-throat and often money-losing.

  • HONG KONG, Sept 27- Business development managers at Chinese state-owned firms have been put on notice: mess up on M&A deals and you can be held personally liable- for life. Under new rules unveiled by China's State Council, or cabinet, last month, managers will be held accountable if they "fail to, or incorrectly, perform their duties" with respect to deals that result...

  • SHANGHAI, Sept 27- Chasing higher returns in a slowing economy, Chinese investors could soon dominate Hong Kong's stock market, likely redefining how shares, especially small-caps, are traded and priced there. Chinese money will account for a third of Hong Kong's stock trading turnover in three years, up from a tenth now, UBS and other brokers predict.

  • NEW YORK, Sept 26- A federal appeals court on Monday cleared the way for American Express Co to block merchants that accept its cards from steering customers toward lower-cost cards from other issuers. The 2nd U.S. Circuit Court of Appeals in New York said a lower court judge in Brooklyn erred in February 2015 in finding that American Express' "anti-steering" rules...

  • WASHINGTON, Sept 26- U.S. Labor Department Secretary Thomas Perez on Monday pledged to conduct a "top-to-bottom" review of all cases, complaints and other alleged violations that the department has received concerning Wells Fargo in recent years. Perez's announcement, outlined in a Sept. 26 letter to Senator Elizabeth Warren of Massachusetts, comes after...

  • WASHINGTON— Interest rates on short-term Treasury bills fell in Monday's auction with rates on three-month bills dipping to their lowest level since early May. The Treasury Department auctioned $40 billion in three-month bills at a discount rate of 0.250 percent, down from 0.305 percent last week. For a $10,000 bill, the three-month price was $9,993.68, while...

  • WASHINGTON— Figures on government spending and debt in millions of dollars.

  • NEW YORK, Sept 26- A federal appeals court on Monday cleared the way for American Express Co to block merchants that accept its cards from steering customers toward lower-cost cards from other issuers. The 2nd U.S. Circuit Court of Appeals in New York said a lower court judge in Brooklyn erred in February 2015 in finding that American Express' "anti-steering" rules...

  • SAO PAULO, Sept 26- Samarco Mineração SA, the Brazilian iron ore mining joint venture that suspended operations in November following a dam disaster, missed an interest payment on a $500 million bond that was due on Monday, trustee Bank of New York Mellon Corp said. As a result, Samarco will have 30 days to make the payment, or else investors holding at least 25...

  • Obama spoke at his eighth and final Tribal Nations Conference, which he created during his first year in office. Leaders of more than 560 Native American tribes gathered for the Washington event as one of the largest Native American protests in decades continues in North Dakota. The $3.7 billion project is being built by the Dakota Access subsidiary of Dallas-...

  • Salesforce is working with Bank of America on a potential bid, a Bloomberg report on Monday said. Walt Disney is also working with a financial adviser to evaluate a possible bid for Twitter, Bloomberg reported, citing people familiar with the matter. Microsoft is also among the list of potential suitors, although Facebook Inc is not likely to have an interest in...

  • "Disclosure is the foundation of federal securities laws, and public companies are required to disclose material events that shareholders should know about," Warner said in a letter to SEC Chairwoman Mary Jo White. Warner also asked the SEC to probe whether Yahoo has "made complete and accurate representations" about the security of its information technology...

  • SAN FRANCISCO, Sept 26- The U.S. Department of Labor on Monday filed an administrative lawsuit against Palantir Technologies, alleging the data analytics and security company systematically discriminated against Asian job applicants. It raised $880 million in funding late last year, for a $20 billion valuation, and is considered one of Silicon Valley's most...

  • TORONTO, Sept 26- Canadian fashion retailer Aritzia Inc priced its initial public offering at C $16 a share on Monday, at the very top end of the range it marketed the deal, according to three sources with knowledge of the matter.

  • SAN FRANCISCO— The U.S. Department of Labor has filed a lawsuit accusing a high-flying Silicon Valley software company of systematically discriminating against Asian job applicants over the last five years. Palantir Technologies was co-founded by prominent tech financier Peter Thiel with backing from an investment arm of the CIA. The Palo Alto, California,...

  • TORONTO, Sept 26- Canadian policymakers are facing increased pressure to support the country's lackluster economy as infrastructure spending takes time to kick in and record high debt loads dampen the impact of stimulus checks. Weak oil prices, disappointing growth in non-energy exports and a wildfire in Alberta that cut oil production have all weighed on...

  • SAO PAULO, Sept 26- Latin American stocks mostly fell on Monday as traders favored caution following a volatile week and ahead of a much anticipated U.S. presidential debate. But Boston Fed President Eric Rosengren said on Friday he believed rates should rise now, increasing investors' confusion over the outlook for U.S. monetary policy. The Nov. 8 U.S....