Wires

  • YENAGOA, Nigeria, Aug 30- A militant group said on Tuesday it attacked a pipeline operated by a subsidiary of Nigeria's state oil company in the country's southern Delta region, just a day after the most prolific rebel group in the restive energy hub said it had halted hostilities. OPEC member Nigeria has seen its oil output fall by around 700,000 barrels a day to...

  • BAGHDAD, Aug 30- Iraq would support a decision by OPEC to freeze oil output to prop up prices, Iraqi Prime Minister Haider al-Abadi told a news conference in Baghdad on Tuesday. "We are with freezing production at the OPEC meeting," he said, in the clearest indication yet about the position Iraq will support when the oil exporters' group meets next month.

  • OIL PRICES EXTEND LOSSES, BRENT CRUDE DOWN BY $1 AT $48.26 A BARREL.

  • Trade Representative Michael Froman will travel to Europe in mid-September to try to push forward a free trade pact with the EU that some European officials have said is all but dead, the White House said on Tuesday.

  • *Apple biggest drag on all three indexes. Aug 30- U.S. stocks were lower in late morning trading on Tuesday as Apple dragged down technology stocks after EU antitrust regulators ordered the company to pay about $14.5 billion in back taxes to the Irish government. Federal Reserve and its path to interest rates after Fed Chair Janet Yellen said last week that the...

  • Federal Reserve Chair Janet Yellen and Vice Chair Stanley Fischer left the possibility of a near-term rise in U.S. rates on the table, boosting the dollar. In contrast, the Bank of England is expected to cut its record-low interest rates further after cutting them this month and relaunching a quantiative easing program- creating new money to buy assets- in an...

  • PARIS/ BRUSSELS, Aug 30- France cast serious doubt on Tuesday on the prospects of an EU free trade deal with the United States, adding to opposition within Germany just two months after their countries' leaders reaffirmed support for an accord. Washington and Brussels are officially committed to sealing the Transatlantic Trade and Investment Partnership...

  • Shares of Caesars had plummeted on Monday after a federal judge in Chicago ruled the company must face lawsuits seeking up to $11 billion. That ruling had opened the door to the U.S. District Court hearing on Tuesday in New York. That was prompted by a ruling late on Monday at an emergency hearing with a federal judge in Chicago, who issued a two-week stay of...

  • BRUSSELS/ DUBLIN, Aug 30- The European Commission ordered Apple Inc. to pay Ireland unpaid taxes of up to 13 billion euros on Tuesday as it ruled the firm had received illegal state aid. Apple and Dublin said the U.S. company's tax treatment was in line with Irish and European Union law and they would appeal the ruling, which is part of a drive against what the EU says...

  • LONDON, Aug 30- Euro zone bond yields edged down on Tuesday as comments from a top U.S. rate-setter turned the market's focus to this week's U.S. jobs data and Italy passed a test of investor sentiment by selling bonds at record low yields. Total bids exceeded 10 billion euros despite investor worries about the autumn's constitutional referendum and its...

  • Aug 30- Alphabet Inc's Google is close to winning PayPal Holdings Inc as a client for its cloud business, potentially beating out Amazon.com Inc and Microsoft Corp, CNBC reported on Tuesday. Google landed Home Depot Inc as a client in March, highlighting the momentum its cloud business has gained under the leadership of Diane Greene, a co-founder of VMWare Inc.

  • DUBAI, Aug 30- Saudi Arabia signed 15 preliminary agreements with China on Tuesday in sectors from energy to housing on a trip headed by Deputy Crown Prince Mohammed bin Salman aimed at bolstering relations with a top energy customer and trade partner. In April, Prince Mohammed launched radical economic reforms designed to develop non-oil industries in Saudi...

  • Chris Christie on Tuesday shot down an attempt to raise the state's minimum wage to $10.10 an hour in the next year and to at least $15 over the next five. The Legislature sent Christie the measure in June. New Jersey would have become the third state on a direct path toward a $15 an hour minimum wage, the highest in the nation.

  • US consumer confidence in August highest in 11 months 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 US home prices rise in June at slowest pace in 10 months Abercrombie reports wider 2 Q loss on sales decline Seattle weighs new rules for businesses...

  • But Ireland is no ordinary country when it comes to tax law— and its government insists it doesn't want the colossal windfall. The Irish government joined Apple in vowing Tuesday to appeal the European Commission's judgment that the smartphone and computing giant didn't pay the correct volume of tax to Ireland for more than a decade, a mounting bill that...

  • WASHINGTON— US Agriculture Department says it has closed offices in five states after receiving anonymous threats.

  • NEW YORK, Aug 30- U.S. stocks fell on Tuesday after stronger-than-expected U.S. consumer confidence data stoked worries about a potential Federal Reserve interest rate hike this year, while European shares gained and the dollar climbed. Fed Vice Chairman Stanley Fischer, in an interview with Bloomberg TV on Tuesday, said the U.S. job market is close to full...

  • LONDON, Aug 30- Shareholders in British technology company ARM approved its sale to Japan's SoftBank on Tuesday, marking the end of independence for the chip designer that powered the smartphone revolution. Seeking to win political backing and smooth the path for the deal, the Japanese company's charismatic leader Masayoshi Son spoke to British Prime...

  • PARIS— French Economy Minister Emmanuel Macron, an outspoken former investment banker who has encouraged startups and more labor flexibility, has quit the socialist government amid speculation that he is considering a presidential bid. Critics in Hollande's Socialist Party say Macron has betrayed left wing ideals by pushing France toward an...

  • "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. I took the first offer the organization gave me, which came out to about $25,000 a year after taxes— not much to live on in New York City.