×

Wires

  • WASHINGTON, March 30- The U.S. Department of Commerce made a final finding that seven foreign producers dumped certain carbon and alloy steel cut-to-length plate in the U.S. market, allowing it to impose duties ranging from 3.62 percent to 148 percent, Commerce Secretary Wilbur Ross said on Thursday. The determinations of dumping, or selling a product below its...

  • JOHANNESBURG, March 30- South Africa's President Jacob Zuma will make an announcement on changes to his cabinet later on Thursday, the president's office said in a statement.

  • TORONTO, March 30- Canada's main stock index pulled back from a one-month high on Thursday as deal-related news pressured shares of Cenovus Energy Inc and Canadian Imperial Bank of Commerce. Cenovus shares had their biggest one-day percentage fall ever, down 13.75 percent at C $15.05, after the Canadian company agreed to buy oil sands and natural gas assets...

  • TORONTO, March 30- An Ontario court judge on Thursday approved the sale of a downtown Toronto hotel and condominium high-rise bearing U.S. The court-run sale of the tower, which includes 211 hotel rooms, 74 residential units, as well as commercial, retail and amenity space, had received no bids apart from JCF Capital's stalking horse offer of C $298 million.

  • U.S. stocks closed modestly higher Thursday, driving the Nasdaq composite index to a record high. The Russell 2000 index of smaller-company stocks picked up 10.70 points, or 0.8 percent, to 1,382.35. The S&P 500 is up 24.08 points, or 1 percent.

  • SOUTH AFRICA'S PRESIDENT JACOB ZUMA WILL MAKE AN ANNOUNCEMENT ON CHANGES TO NATIONAL EXECUTIVE TONIGHT- PRESIDENT'S OFFICE.

  • EASTON, Pa.— Dandelion has gone to seed. Crayola crayons were produced in 1903 by Binney& Smith Co.. Based in Easton, Pennsylvania, Crayola is a subsidiary of Hallmark Cards Inc., headquartered in Kansas City, Missouri.

  • Justice Glenn Hainey of the Ontario Superior Court of Justice approved the $298 million Canadian "stalking horse" bid from San Diego investment firm JCF Capital ULC. The Trump Organization had a business relationship with developer Alex Schnaider, a Russian-born billionaire who built the tower, which went into receivership last year. Schnaider Talon...

  • JOHANNESBURG, March 30- South Africa's President Jacob Zuma sacked Finance Minister Pravin Gordhan in a cabinet reshuffle late on Thursday, eNCA television said, after days of speculation that has rocked the country's markets and currency.

  • RUSSIA Russia mounted a campaign of "propaganda on steroids" seeking to influence the 2016 U.S. presidential election, the top Democrat on the Senate Intelligence Committee says, listing several areas of concern about possible links to Republican Trump's campaign. The White House has invited the top Republican and Democratic members of the Senate and House...

  • *Canadian dollar ends at C $1.3334, or 75.00 U.S. cents. barrel after Kuwait backed an extension of Organization of the Petroleum Exporting Countries production cuts to reduce a global glut. "The big story is oil back above 50... it is a huge relief for CAD," said Greg Anderson, global head of foreign exchange strategy in New York.

  • BARI, Italy _ Natuzzi SpA on Thursday reported fourth-quarter net income of $540,000, after reporting a loss in the same period a year earlier. The Bari, Italy- based company said it had profit of 1 cent per share. For the year, the company reported that its loss narrowed to $6.8 million, or 12 cents per share.

  • HAZELWOOD, Australia, March 31- The doors to Australia's dirtiest power station will close permanently on Friday after 50 years, amping up pressure on a government desperate to avoid the kind of embarrassing blackouts that hit chunks of the country during a recent savage heatwave. France's Engie SA is pulling the plug on the Hazelwood coal-fired power plant...

  • SOUTH AFRICA'S PRESIDENT ZUMA REMOVES PRAVIN GORDHAN AS FINANCE MINISTER IN CABINET RESHUFFLE- ENCA TV.

  • WASHINGTON, March 30- The U.S. Commerce Department is launching a new review of whether China should be treated as a market economy country, a designation that would effectively limit the calculation of anti-dumping duties on China- made goods. The review comes as the White House prepares for the first face-to-face meeting between President Donald Trump and...

  • Arcos Dorados Holdings Inc, the world's largest McDonald's restaurant franchisee, and Chile's Empresas CMPC SA raised a total $765 million through the sale of 10- year bonds in separate deals. President Donald Trump's policies would lure capital away from Latin America have subsided, bankers and executives said. Emerging market funds had $6.5 billion in net...

  • LAS VEGAS _ Remark Media Inc. on Thursday reported a loss of $8.6 million in its fourth quarter. On a per-share basis, the Las Vegas- based company said it had a loss of 40 cents. Keywords: Remark Media, Earnings Report.

  • CAMBRIDGE, Mass. _ Proteostasis Therapeutics Inc. on Thursday reported a loss of $9.4 million in its fourth quarter. On a per-share basis, the Cambridge, Massachusetts- based company said it had a loss of 38 cents. Keywords: Proteostasis Therapeutics, Earnings Report.

  • Industry-wide sales in North America have grown 39.2 percent to $26.05 billion in the last five years, according to Euromonitor. The last few years have seen a surge in the number of retailers offering athleisure clothes, ranging from mass-market products sold by retailers such as Gap Inc to $1,000 leggings from designers such as Alexander McQueen.

  • NEW YORK, March 30- Equities in world markets edged higher on Thursday, led by gains on Wall Street after an upward revision to U.S. economic growth, while U.S. crude oil rose to trade above $50 per barrel for the first time in three weeks. The euro slipped after data showed easing inflation in Spain and Germany, pushing back bets on tighter policy from the European...