Wires

  • *Venezuela says Mexico to contribute to non- OPEC cuts. VIENNA, Dec 10- Russia and Saudi Arabia said they expect OPEC and non- OPEC producers to reach an agreement on Saturday to curtail oil output and prop up prices in the first such joint move since 2001.. Russian Energy Minister Alexander Novak, speaking as he joined a breakfast with OPEC and non- OPEC ministers in...

  • PRAGUE, Dec 10- Czech Prime Minister Bohuslav Sobotka said in an inteview published on Saturday his party should seek a "tax revolution" focusing mainly on progressive taxation for both individuals and companies. Any such change is possible only after the next general election, scheduled for October 2017. Sobotka's Social Democrats have come second in most of...

  • VIENNA, Dec 10- Russia and Saudi Arabia said they expect OPEC and non- OPEC producers to reach an agreement on Saturday to curtail oil output and prop up prices in the first such joint move since 2001.. Russian Energy Minister Alexander Novak, speaking as he joined a breakfast with OPEC and non- OPEC ministers in Vienna, said: "I don't see such risks.

  • Shoppers at a Ford dealership in Schaumburg, Illinois.

    Ford is going ahead with plans to move small-car production from the U.S. to Mexico despite Trump's threats to impose tariffs.

  • WASHINGTON— One by one, key health care industry groups are telling the incoming Republican administration and Congress that it's not a good idea to repeal the 2010 health care law without clear plans to address the consequences. The concerns go beyond the obvious potential hardship for the 20 million people covered by subsidized private insurance and...

  • VIENNA, Dec 10- OPEC Secretary-General Mohammed Barkindo said he saw a total of 12 non- OPEC countries signing a declaration with OPEC to help curtail oil output and prop up prices in the first such move since 2001.. "For non- OPEC expect cuts of 600,000 barrels per day or more... This is a very historic meeting...

  • Many government services and operations would have been closed or suspended at midnight, when current funding authority expired, if the Senate had not approved the bill. Obama signed the measure, the White House said in a statement issued about 90 minutes after the Senate passed it. Democrats from coal-producing states, led by West Virginia Senator Joe Manchin,...

  • WASHINGTON, Dec 9- The U.S. government is slated to sell $375 million worth of crude oil from the country's emergency reserve this winter after Congress passed a temporary spending bill on Friday that contained a measure authorizing the sale. President Barack Obama's administration has pushed Congress to approve an up to $2 billion plan for a revamp of the...

  • Many government services and operations would have been closed or suspended starting at midnight, when current funding authority expires, if the Senate had not approved the measure. Democrats from coal-producing states, led by West Virginia Senator Joe Manchin, had delayed the Senate vote on the funding bill in a failed attempt to get a bigger extension of the...

  • GRAND RAPIDS, Mich., Dec 9- Exxon Mobil Corp Chief Executive Officer Rex Tillerson emerged on Friday as President-elect Donald Trump's leading candidate for U.S. secretary of state, a senior transition official said. Tillerson's favored status was revealed as former New York Mayor Rudy Giuliani formally withdrew from consideration for secretary of state.

  • ACCRA, Dec 9- Opposition leader Nana Akufo-Addo won Ghana's national election, becoming president elect at the third attempt and cementing the country's reputation as a standard bearer of democracy in a region that has been blighted by civil wars and coups. Akufo-Addo defeated President John Mahama by 53.8 percent to 44.4 percent, electoral commissioner...

  • Dec 9- President-elect Donald Trump said on Friday he would name Andrew Liveris, chairman and chief executive of Dow Chemical Co, to head the Manufacturing Council, a private sector group that advises the U.S. secretary of commerce.

  • GRAND RAPIDS, Mich., Dec 9- Exxon Mobil Corp Chief Executive Rex Tillerson emerged on Friday as President-elect Donald Trump's leading candidate for U.S. secretary of state, a senior transition official said. Tillerson's favored status was revealed as former New York Mayor Rudy Giuliani formally withdrew from consideration for secretary of state.

  • WASHINGTON, Dec 9- The U.S. Senate was preparing to pass a government spending bill on Friday evening after Democrats from coal states announced they would not risk a government shutdown by continuing to delay the vote. Many government services and operations would have been closed or suspended starting at midnight if the Senate did not pass a series of...

  • The primary disputes in Friday afternoon's testimony were whether traditional Medicare, which is managed by the government, competes with Medicare Advantage, run by insurers, and whether Aetna pulled out of some public Obamacare exchanges out of anger after the department filed its lawsuit. The government has shown that once a person signs up for Medicare...

  • Dec 9- Please note the Reuters story published on Friday with the keyword slug USA- CONGRESS/ and the headline " U.S. Senate wrangles over miners' benefits, gov't shutdown looms," will going forward carry the slug: USA- CONGRESS/SPENDING.

  • SACRAMENTO, Calif.— A California judge rejected pimping charges Friday against the operators of a major international website advertising escort services that the state attorney general has called the "world's top online brothel," citing federal free speech laws. California Attorney General Kamala Harris had charged Backpage.com CEO Carl Ferrer and...

  • Dec 10- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE TIME COUNTRY AMOUNT AUCTION DETAILS. 12- Dec United Sale of 3- year notes.

  • SANTIAGO- Central Bank of Chile announces interest rate decision. TBILISI- National Bank of Georgia holds monetary policy committee meeting. JAKARTA- Indonesia Central Bank holds board of governors meeting.

  • FRANKFURT- European Central Bank governing council meeting. NEW YORK- Federal Reserve chair Janet Yellen holds a news conference- 1930 GMT. WASHINGTON- Federal Reserve Board holds open meeting to discuss a final rule establishing long-term debt and total loss-absorbing capacity requirements for global systemically important banking organizations- 1600...