*CFO upbeat on Mexico prospects despite Trump win. *Q4 EPS C $1.58 vs C $1.51 market view. TORONTO, Nov 29- Bank of Nova Scotia, Canada's third-biggest lender, said it could take advantage of its financial strength to make acquisitions in the Pacific Alliance trade bloc after reporting better-than-expected profit.
*Oil slides on jitters about OPEC output accord. NEW YORK, Nov 29- Stock prices around the world edged up on Tuesday following upbeat U.S. growth data, while the oil market fell to its weakest level in over a week on doubts OPEC could reach an accord to reduce output. "Optimism surrounding potential fiscal stimulus and some targeted deregulation next year have lifted...
*Brazil main cane belt produces 1.36 mln T sugar in early Nov. LONDON, Nov 29- Raw sugar futures on ICE were little changed on Tuesday as bargain hunting by physical players offset fund selling, and as falls in wider commodity markets dragged. The Brazilian numbers showed slightly more sugar than expected, "said a London- based trader.
HOUSTON— Authorities say a woman jumped from an emergency exit door on a flight after it landed at a Houston airport and took off running toward the terminal before she was caught. Authorities say the woman was a passenger on a United Airlines flight from New Orleans that landed in Houston on Monday afternoon and was near the gate. She opened the emergency door and...
LONDON, Nov 29- Sterling bounced back against both the dollar and the euro on Tuesday, keeping the currency firmly in the $1.23- $1.26 range it has held for the past two weeks in the absence of new concerns over how Britain will leave the European Union. Sterling is still almost 10 percent weaker against the euro compared with before Britain's vote to exit the...
*OPEC members split over who should cut output and how much. *Asian OPEC buyers eye alternatives if OPEC cuts output. NEW YORK, Nov 29- Oil prices fell almost 4 percent on Tuesday on signs leading oil exporters in OPEC were struggling to agree on a deal to cut production to reduce global oversupply.
NEW YORK, Nov 29- U.S. After the data, federal funds futures implied traders saw a 98 percent chance that the Fed would raise rates at its Dec. 13-14 meeting, compared with a 94 percent chance late on Monday, according to CME Group's FedWatch program. "The economic data came in better than expected, which further raises the probability of the Fed to tighten in December...
LONDON, Nov 29- Britain's new plastic five-pound notes, bearing the portrait of wartime Prime Minister Winston Churchill, have fallen foul of thousands of people who object to the use of animal fats in their manufacture. An online petition against the notes, started by campaigner Doug Maw, was signed by more than 13,000 supporters in less than 24 hours.
LONDON, Nov 29- Britain launched a new 40- year index-linked government bond offering the lowest ever inflation-adjusted return for a gilt sold via a syndicate of banks, the UK Debt Management Office said on Tuesday. Reflecting strong demand among investors for inflation protection after June's decision by voters to leave the European Union, Britain sold...
"Ask Brianna" is a Q&A column from NerdWallet for 20- somethings or anyone else starting out. I'm here to help you manage your money, find a job and pay off student loans— all the real-world stuff no one taught us how to do in college. President-elect Donald Trump and the Republicans who now have a majority in both houses of Congress didn't focus much on higher...
LONDON/ ZURICH, Nov 29- U.S. healthcare company Johnson& Johnson is raising its offer for Swiss biotech group Actelion in an attempt to win it over for a takeover, a source familiar with the situation said on Tuesday. Actelion shares rose more than 9 percent to a record 211.10 Swiss francs, rebounding from negative territory. The source said Johnson& Johnson...
BERLIN, Nov 29- Lufthansa pilots staged another walkout on Tuesday, with neither side showing any willingness to yield in a dispute that has already cost the German airline hundreds of millions of euros since early 2014.. Lufthansa has put the cost of the first two days of last week's strike at about 20 million euros, but past experience shows the effect on future...
LONDON, Nov 29- A financial market crunch in Mexico following Donald Trump's shock election win this month may have masked Turkey's greater vulnerability to the risk of U.S. protectionism, deteriorating world trade and the resulting fallout for emerging economies. And now there are signs that the emerging market storm is moving on to Turkey, whose current...
NEW YORK— Thanksgiving on Broadway was a typically stuffed event, with box offices recording a $35 million haul thanks to premium pricing and "Hamilton" raking in more than $3 million by itself. The 34 shows earned $35.3 million for the week ending Sunday, a Thanksgiving week record. The holiday— usually Broadway' s second-biggest revenue generator— improved on the...
The data issued Tuesday by the Federal Deposit Insurance Corp. showed strength in the banking industry more than eight years after the financial crisis struck. The FDIC reported that U.S. banks earned $45.6 billion in the third quarter, up from $40.4 billion a year earlier. The FDIC said net interest income increased by $10 billion, or 9.2 percent, from a year...
LONDON, Nov 29- Lead and zinc fell more than 5 percent on Tuesday from the previous day's multi-year peaks, as a firmer dollar, sliding oil prices and perceptions that a post-U.S. election rally had become overstretched prompted selling. Industrial metals surged earlier this month on speculation that U.S. president-elect Donald Trump's pledge to lift...
Republican Representative Tom Price, an orthopedic surgeon from Georgia, will be Trump's Health and Human Services secretary, and consultant Seema Verma will lead the Centers for Medicare and Medicaid Services, a powerful agency that oversees government health programs and insurance standards. Vice President-elect Mike Pence, arriving at Trump Tower in...
LONDON— Nigel Farage is reveling in his successful campaign to take Britain out of the European Union, buddying up to U.S. President-elect Donald Trump and predicting the fire he helped kindle may soon spread to France and finally torch the European integration project. Farage told The Associated Press on Tuesday that the anti-elite passions which fueled the...
CHICAGO— Grain futures were lower Tuesday in early trading on the Chicago Board of Trade. Wheat for December delivery was 3.40 cents lower $3.86 a bushel; December corn was 4.60 cents lower at $3.4360 bushel; December oats was unchanged at $2.0220 a bushel while January soybeans lost 12.40 cents to $10.4340 a bushel. December live cattle was. 18 cent lower at...
The FDIC noted that the share of unprofitable banks, 4.6 percent, was the lowest since the third quarter of 1997.. The Federal Reserve has kept interest rates low since the 2008 financial crisis but banks must prepare for those rates to climb, said the head of the FDIC, which shields bank deposits if a lender fails. "Low interest rates for an extended period have led...
