Wires

  • Intoxicated in the air: drunk pilots make news but are rare EU orders Apple to pay up to 13 B euros in back taxes Why Ireland doesn't want to take billions from Apple France wants halt to' imbalanced' EU-US trade deal talks A look at companies the EU is chasing for back taxes US consumer confidence in August highest in 11 months US home prices rise in June at slowest...

  • PHOENIX— Five Republicans are vying to represent their party this fall in the race for three seats on the Arizona Corporation Commission, which sets electricity rates and regulates utilities. The three GOP winners in Tuesday's primary will move on to face two Democrats in the Nov. 8 election. Rick Gray and retired Superior Court Judge Boyd Dunn in the Republican...

  • WINNIPEG, Manitoba, Aug 30- Canada's Agrium Inc and Potash Corp of Saskatchewan Inc said on Tuesday they are in talks to merge, a tie-up that would create a global fertilizer and farm retailing giant as the agriculture sector struggles with soft crop prices. Potash Corp, the world's biggest crop nutrient company by capacity and Agrium, North America's largest...

  • Aug 30- A U.S. judge on Tuesday extended a temporary halt on lawsuits against Caesars Entertainment Corp until Oct. 5 while he hears an appeal from the casino group of a ruling that paved the way for bondholders to press multi-billion dollar lawsuits against the company. Shares of Caesars plummeted on Monday after a U.S. Bankruptcy judge in Chicago ruled the...

  • "We feel that the deal flow has already formed, because a number of companies need to redefine their capital structure," said Pedro Batista, chief Latin America equity strategist for JPMorgan Securities. This year has been among the weakest in more than a decade for equity capital markets activity in Brazil. Late on Monday, Brazilian medical laboratory Centro de...

  • *Iran says on target to reach peak production. *Iraq commits to production freeze at Sept talks in Algeria. NEW YORK, Aug 30- Oil prices fell more than 1 percent on Tuesday as the dollar strengthened and investors worried about crude oversupply, bracing for an expected weekly build in U.S. stockpiles as Iran said it was on target to reach peak production.

  • WASHINGTON, Aug 30- A European Commission order requiring Apple Inc to pay $13 billion euros in taxes on Tuesday drew swift and angry rebukes from the Obama administration and lawmakers in Congress, while reigniting calls for international tax reform. The U.S. Treasury Department, which enforces federal tax policy, warned that U.S.-EU economic relations...

  • The coffee chain was told in October 2015 to pay back 30 million euros in back taxes to the the Netherlands. Starbucks Corp., based in Seattle, said it would appeal the decision. A finance unit of the Italian automaker was ordered to pay 30 million euros to Luxemburg in October 2015.

  • Intoxicated in the air: drunk pilots make news but are rare EU orders Apple to pay up to 13 B euros in back taxes Why Ireland doesn't want to take billions from Apple France wants halt to' imbalanced' EU-US trade deal talks A look at companies the EU is chasing for back taxes US consumer confidence in August highest in 11 months US home prices rise in June at slowest...

  • BRASILIA, Aug 30- Brazilian President Dilma Rousseff's accusers told her trial in the Senate on Tuesday she should be judged not only on charges of breaking budget rules but also for a sweeping corruption scandal and a deep recession that erupted on her watch. Rousseff, who was suspended from office in May pending the trial, is accused of using money from state...

  • FRANKFURT, Aug 30- European Central Bank money-printing has exposed the fault lines in Germany's banking system, forcing its sprawling network of lenders to rethink their business models and slash costs. Profits at one-time flagship banks of Europe's largest economy are near the bottom of the pile among their regional peers. Germany's nearly 2000...

  • "Yesterday, USDA received several anonymous messages that are concerning for the safety of USDA personnel and its facilities. As a precaution, USDA has closed offices, " USDA spokesman Matthew Herrick said in an emailed statement. White House spokesman Josh Earnest said USDA was working with the Department of Homeland Security to ensure the safety of their...

  • NEW YORK— Fertilizer makers Potash Corp. and Agrium say they are in talks to combine into one company. Agrium is headquartered in Calgary, Canada. Agrium Inc. shares rose 7 percent to $95.59.

  • *Company to consider phasing out unpopular cars in India. *Aims to be among top 3 car brands in India by end-March 2019. The aim is to put Tata Motors among the top three car brands in India by the end of March 2019, Guenter Butschek told reporters, up from fifth in its last fiscal year.

  • BRUSSELS, Aug 30- European Commission Vice President Maros Sefcovic said he will visit Kiev on Friday to discuss energy reforms and lay the groundwork for trilateral talks with Ukraine and Russia that he hopes will help ensure uninterrupted gas supplies in the winter. More than half of that arrives via Ukraine, but since ties between Russia and Ukraine hit rock...

  • NEW YORK, Aug 30- U.S. consumer confidence rose to an 11- month high in August, with households more upbeat about the labor market, in a further sign that the economy was regaining steam after faltering in the first half of the year. "This will likely be interpreted as more evidence that the U.S. economic recovery is back on track following the missteps earlier this...

  • NEW YORK, Aug 30- A U.S. judge has dismissed a lawsuit by Chevron Corp workers who said the oil company breached its fiduciary duties by putting costly and poorly performing investment options in a $19 billion employee savings plan. In a decision on Monday, Chief Judge Phyllis Hamilton of the U.S. District Court in Oakland, California, wrote that the workers failed...

  • WASHINGTON, Aug 30- The White House said on Tuesday it was concerned about a European Commission order for Apple Inc to pay billions in unpaid taxes to Ireland because it seemed TO undermine joint U.S.-EU progress on creating a more fair international tax system. White House spokesman Josh Earnest said it was possible the EU order for Apple to pay 13 billion...

  • Al Wafa also produces gas supplies for Mellitah port, jointly run with Italian oil company ENI for export to Italy. "But gas will be continued from Al Wafa normally." The southern oil guard brigade controls Al Wafa, Gulf, Al-Khamsa, El-feel, El-Sharara, and Senawang oilfields, and a number of wells and pipelines.

  • NEW YORK, Aug 30- Sharon Kotzen is a 73- year-old retiree, but she is hardly taking it easy. By 2020, the wealth of those currently 52 to 70 will peak at more than 50 percent of the nation's assets, according to the Deloitte Center for Financial Services. Indeed, some 61 percent of grandparents financially supported adult children in the previous year, according to the "...