×

Wires

  • BRAZIL'S OIL COMPANY PETROBRAS SAYS HAS RESUMED NEGOTIATIONS WITH SETE BRASIL OVER VESSEL CONTRACTS.

  • ABUJA, June 23- Nigeria hopes to raise at least $1 billion from a scheme that will give tax evaders a chance to make payments retrospectively, the finance ministry said on Friday. The OPEC member, which has Africa's largest economy, is in the second year of a recession brought on by low oil prices. Economists have long criticised the low levels of tax in Africa's most...

  • Bed Bath& Beyond Inc., down $4.09 to $29.65. Forestar Group Inc., up $1.15 to $17.65. The developer said a revised offer from D.R. Horton was superior to a deal it agreed to with Starwood Capital, which it now intends to terminate.

  • WASHINGTON, June 23- President Donald Trump's administration would like to see a Westinghouse nuclear reactor deal with India move forward, a senior White House official said on Friday ahead of Indian Prime Minister Narendra Modi's meetings with Trump on Monday. The deal, years in the making, has been slow to complete due to concerns about liability in the event...

  • WASHINGTON, June 23- President Donald Trump's administration would like to see a Westinghouse nuclear reactor deal with India move forward, a senior White House official said on Friday ahead of Indian Prime Minister Narendra Modi's meetings with Trump on Monday. The deal, years in the making, has been slow to complete due to concerns about liability in the event...

  • WASHINGTON, June 23- President Donald Trump's administration would like to see a Westinghouse nuclear reactor deal with India move forward, a senior White House official said on Friday ahead of Indian Prime Minister Narendra Modi's meetings with Trump on Monday. The deal, years in the making, has been slow to complete due to concerns about liability in the event...

  • WASHINGTON, June 23- President Donald Trump's administration would like to see a Westinghouse nuclear reactor deal with India move forward, a senior White House official said on Friday ahead of Indian Prime Minister Narendra Modi's meetings with Trump on Monday. The deal, years in the making, has been slow to complete due to concerns about liability in the event...

  • MILAN/ FRANKFURT, June 23- The European Commission on Friday gave preliminary approval for an Italian plan to wind down two ailing Veneto- based regional lenders with state money in a move that may allow Rome to solve its latest banking crisis on its own terms. Italy plans to start liquidation proceedings for Banca Popolare di Vicenza and Veneto Banca on Saturday,...

  • ABUJA/ LAGOS, June 23- Abu Dhabi state investment fund Mubadala has pulled out of Etisalat Nigeria after the telecoms firm failed to renegotiate a $1.2 billion loan taken out four years ago with 13 Nigerian banks, the central bank said on Friday. On Tuesday, parent company United Arab Emirates' Etisalat, said it was carrying its 45- percent stake at nil value, and that...

  • U.S. stock indexes nudged higher Friday after energy companies clawed back some of their sharp losses from earlier in the week. The Standard& Poor's 500 index rose 3.80 points, or 0.2 percent, to 2,438.30. The Russell 2000 index of smaller company stocks rose 10.24, or 0.7 percent, to 1,414.78.

  • *Five Republican senators oppose Senate bill. White House officials said on Friday that Trump has been in touch with Senate Majority Leader Mitch McConnell and made calls on Thursday and Friday to other lawmakers. "We're pleasantly surprised with a lot of the support that's already come out and I think we'll continue to work through in particular the four...

  • DETROIT, June 23- Honda Motor Co on Friday released a 2013 email in which one of its engineers suggested that he knew some hidden truth about "the root cause" of Takata Corp air bag failures, but the engineer later said he was mistaken. The engineer's email was disclosed in a statement from Honda as part of its defense in a class action suit in Florida, where plaintiffs...

  • TORONTO, June 23- Canada's main stock index rallied on Friday as index heavyweights like energy and mining shone, while BlackBerry Ltd shares suffered its biggest one-day drop in 2-1/ 2 years after disappointing first quarter sales. Enbridge Inc rose 1.2 percent to C $52.22, while Suncor Energy advanced 1.1 percent to C $38.52 as oil prices bounced from 10- month...

  • *Nasdaq rises with help from tech. June 23- U.S. stocks ended higher on Friday after a last-minute trading spike and a technology sector gain offset weakness in financial stocks and sent the Nasdaq higher, giving it a weekly gain for the first time in three weeks. The sector closed down 0.1 percent, clawing back some losses after it dropped sharply late in the session...

  • CHICAGO, June 23- The U.S. Department of Agriculture has found repeated import violations in raw Brazilian beef, including abscesses and unidentified foreign material, a top agency official said, explaining reasons for a U.S. ban on imports of fresh Brazilian beef. Violations at a number of Brazilian meat plants indicate a system-wide problem in the sector,...

  • SEATTLE— After an online outcry, a Seattle Police Department video in which an officer playing a video game discussed the recent fatal police shooting of a pregnant mother has been removed from social media. Sean Whitcomb discussed Sunday's fatal shooting of Charleena Lyles struck many as inappropriate, although Whitcomb's video-game character just...

  • *Energy, housing stocks help lift Wall Street. NEW YORK, June 23- World stocks advanced on Friday to end the week with a slight gain as a drop in the dollar helped boost slumping oil prices. "Overall, the market is saying it would be nice to have a little more strength in the energy sector but the economy is doing OK without it," said David Joy, chief market strategist at...

  • NEW YORK, June 23- Wall Street ended higher on Friday as gains in tech and energy stocks more than offset weakness in the financial sector, while a slide in Home Depot kept the Dow in check. The Dow Jones Industrial Average fell 2.53 points, or 0.01 percent, to 21,394.76, the S&P 500 gained 3.8 points, or 0.16 percent, to 2,438.3 and the Nasdaq Composite added 28.57 points,...

  • FRANKFURT, Germany— The European Central Bank pulled the plug on two troubled Italian banks, sending them into insolvency proceedings and pushing ahead with efforts to clean up weak banks holding back the economy. The two banks, Veneto Banca and Banca Popolare di Vicenza, have struggled to overcome high levels of loans that were not being paid back.

  • TORONTO, June 23- Canada's main stock index finished broadly higher on Friday, as resource stocks led the rally, but BlackBerry saw its biggest one-day fall in about 2-1/ 2 years after disappointing first quarter sales. The Toronto Stock Exchange's S&P/TSX composite index closed up 99.66 points, or 0.65 percent, at 15,319.56. Eight of the index's 10 main groups...