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Wires

  • *UK govt's chief economist Ramsden to start at BoE on Sept. 4. LONDON, July 27- The British government's top economist will move to the Bank of England to serve as one of its most senior policymakers, joining the central bank as it steers the financial system through political negotiations to leave the European Union. Ramsden's arrival comes as the BoE tries to judge...

  • WASHINGTON, July 27- Oil company Halliburton Co will pay $29.2 million to settle civil charges it violated federal anti-bribery rules related to books, record-keeping and internal accounting controls while doing business in Angola, U.S. regulators said on Thursday. The Securities and Exchange Commission said Halliburton's former vice president, Jeannot...

  • VENLO, Netherlands _ Qiagen NV on Thursday reported second-quarter net income of $14 million. Qiagen expects full-year earnings in the range of $1.25 to $1.27 per share. Qiagen shares have risen 18 percent since the beginning of the year.

  • WASHINGTON, July 27- An influential U.S. House Committee on Thursday approved a revised bipartisan bill on a 54-0 vote that would speed the deployment of self-driving cars without human controls and bar states from blocking autonomous vehicles. The bill would allow automakers to obtain exemptions to deploy up to 25,000 vehicles without meeting existing...

  • Chicago Board of Trade September soft red winter wheat futures were 2-1/ 2 cents higher at $4.80-1/ 4 a bushel. Spring wheat yield prospects in central and northwestern North Dakota are down significantly from a year ago following hot and dry weather during the growing season, scouts on Wheat Quality Council's annual crop tour of the state said on Wednesday.

  • BUENOS AIRES, July 27- Argentina's central bank needs more autonomy to increase the effectiveness of its monetary policy, Organization for Economic Co-Operation and Development Chief of Staff Gabriela Ramos said on Thursday during a visit to the country. The OECD expects Argentina's economy to grow 2.9 percent in 2017 and 3.2 percent in 2018, according to...

  • WILMINGTON, Del, July 27- Alliant Insurance Services Inc is using confidential information obtained during a failed bid for Wells Fargo& Co's commercial insurance business to poach top sales executives, according to a lawsuit filed by a Wells Fargo unit. The lawsuit, filed on Wednesday in Delaware's Court of Chancery, alleges that Alliant launched an "...

  • *Euro zone bond yield fall as much as 5 bps. Sentiment lifted by dovish Fed statement. LONDON, July 27- German short-dated government bond yields hit a six-week low on Thursday as investors detected a softening in the Federal Reserve's inflation view that could keep interest rates lower for longer.

  • Revlimid sales rose 19.6 percent to $2.03 billion on increases in duration of use and new reimbursement agreements in Europe. Celgene said duration of Revlimid use was now well beyond 20 months in the United States and expects duration in Europe to become similar. Sales of Otezla, which had investors nervous after a surprisingly weak first quarter, bounced...

  • U.S. HOUSE PANEL VOTES 54-0 T0 APPROVE LEGISLATION TO SPEED DEPLOYMENT OF SELF-DRIVING CARS.

  • *Core capital goods orders fall 0.1 percent in June. WASHINGTON, July 27- New orders for key U.S.-made capital goods unexpectedly fell in June, but a fifth straight monthly increase in shipments suggested that business spending on equipment helped to boost economic growth in the second quarter. The only risk we see is that the economy is running out of workers to...

  • *Bank agrees to pay 31.4 mln euros in outstanding compensation. FRANKFURT, July 27- Eleven Deutsche Bank executives who served during the financial crisis and afterwards have agreed to waive 38.4 million euros in bonuses to make amends for past misdeeds by the bank, the German lender said on Thursday. The board had held on to 69.8 million euros in bonuses while it...

  • July 27- Price hikes and strong demand helped Dow Chemical Co beat Wall Street estimates in its last quarter before the chemicals giant merges with DuPont. The $130 billion Dow-DuPont merger is on track to close next month, after which the new company is likely to break up into three independent, publicly traded units. "We had broad-based price bump in the quarter...

  • WASHINGTON, July 27- The U.S. Environmental Protection Agency and California Air Resources Board will approve later on Thursday a fix for more than 300,000 older Volkswagen AG diesel cars, two people briefed on the matter said. Volkswagen and EPA did not immediately comment. Volkswagen agreed last year to offer to buy back up to 475,000 2.0- liter diesel...

  • LONDON, July 27- The euro on Thursday topped the levels at which it began trading in 1999, hitting a 2 1/ 2- year high close to $1.18 that left it stronger than it was before the European Central Bank announced an expansive asset-purchase programme in January 2015. The euro began trading on financial markets on Jan 4, 1999, at $1.1747, though it was not introduced in...

  • BERLIN— Germany's transport minister says that what authorities consider illegal software has been found in a Porsche diesel model, and they will order a recall of the cars. Alexander Dobrindt said Thursday that the model affected is a Cayenne 3- liter TDI that is still in production. He added that 7,500 such vehicles have been registered in Germany and some...

  • WASHINGTON, July 27- Oil giant Halliburton Co will pay $29.2 million to settle civil charges it violated federal anti-bribery rules related to books, record-keeping and internal accounting controls while doing business in Angola, U.S. regulators said Thursday. The Securities and Exchange Commission said Halliburton's former vice president, Jeannot...

  • *Profit of 18 cents/ shr vs est 14 cents. July 27- The New York Times Co reported strong revenue growth and a better-than-expected quarterly profit on Thursday as the newspaper publisher signed up more digital subscribers, driven by fervent marketing, cost cuts and the so-called "Trump bump." The stock was up 3.5 percent at $19.00 in late morning trading.

  • President Donald Trump could veto pending legislation that would slap new sanctions on Russia in order to push for a tougher deal, a top White House aide said on Thursday. His comments came after U.S. lawmakers reached an agreement on Wednesday clearing the way for the Senate to pass a measure as soon as this week to impose new sanctions on Russia and bar the...

  • *Facebook jumps after quarterly results beat expectations. July 27- Wall Street continued its record run on Thursday, powered by a barrage of strong quarterly earnings, particularly from Facebook and Verizon. Facebook jumped 5.49 percent, lifting both the S&P 500 and the Nasdaq Composite indexes, after the social network's results topped Wall Street...