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Wires

  • SAO PAULO, June 23- Mauricio Abadi resigned on Friday as an executive vice president of Safra National Bank of New York to join Morgan Stanley& Co, three people familiar with the situation said. The other two said he often disagreed over strategy with Chief Executive Officer Simoni Morato. Forbes Magazine ranks the Brazilian-Lebanese banker as the world's...

  • NEW YORK/ CHICAGO, June 23- Brazilian restaurants in the United States have no beef with the U.S. government's ban on meat from Brazil because the steaks they serve are all-American. Brazil is the world's largest meat exporter but business has been marred by scandal and safety concerns and on Thursday the United States barred imports from there.

  • June 23- SeaWorld Entertainment Inc said on Friday it received a subpoena from the U.S. Department of Justice in connection with an investigation over disclosures made about the impact of the "Blackfish" documentary and trading in the company's securities. Seaworld, which has reported falling revenues for the last three years, said in 2016 it would stop...

  • CHICAGO/ BRASILIA, June 23- Brazilian officials scrambled to shore up their beef industry's reputation on Friday after the United States blocked shipments of fresh cuts, saying it found abscesses in the meat and signs of systemic failures in the inspection program of the world's largest beef exporter. While fresh beef shipments to the United States represent...

  • NEW YORK— A New York judge says Ivanka Trump must testify in a dispute with an Italian shoemaker over one of her company's shoe designs. Judge Katherine Forrest ruled Friday in the trademark infringement lawsuit brought by Aquazzura Italia SRL against Trump and her company IT Collection LLC. The judge says Ivanka Trump must submit to questions posed during a...

  • FRANKFURT, June 24- German insurer Allianz said it had agreed to sell its 90 percent stake in private bank Oldenburgische Landesbank to U.S. private equity firm Apollo for 300 million euros. Allianz, which announced the sale agreement on Friday, had said last September it was exploring options for OLB, Germany's largest regional private bank by assets.

  • June 23- Anthem Inc, the largest U.S. health insurance company, has agreed to settle litigation over hacking in 2015 that compromised about 79 million people's personal information for $115 million, which lawyers said would be the largest settlement ever for a data breach. District Judge Lucy Koh in San Jose, California, who is presiding over the case.

  • BERLIN, June 24- A lawyer for one of the former Volkswagen managers sought in the United States in connection with the carmaker's diesel emissions-cheating scandal has advised him not to leave Germany, she told a German daily. A sixth person, former VW manager Oliver Schmidt, was arrested in February in Miami as he was about to fly to Germany. But leaving Germany...

  • RICHMOND, Va.— Federal regulators say a proposed pipeline that would carry fracked natural gas for 300 miles across West Virginia and Virginia would have "significant" impacts on forests. But they say other adverse effects would be limited. The final environmental impact statement of the Federal Energy Regulatory Commission is largely favorable for...

  • *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...

  • June 23- SeaWorld Entertainment Inc said on Friday it received a subpoena from the U.S. Department of Justice in connection with an investigation over disclosures made about the impact of the "Blackfish" documentary and trading in the company's securities. The investigation relates to disclosures and public statements made by the company, certain...

  • DOHA, June 24- Qatar is reviewing a list of demands presented by four Arab states imposing a boycott on the wealthy Gulf country, but said on Saturday the list was not reasonable or actionable. Saudi Arabia, Egypt, Bahrain and the United Arab Emirates, which imposed a boycott on Qatar, issued an ultimatum to Doha to close Al Jazeera, curb ties with Iran, shut a Turkish...

  • DOHA, June 24- Qatar is reviewing a list of demands presented by four Arab states imposing a boycott on the wealthy Gulf country, but said on Saturday the list was not reasonable or actionable. Saudi Arabia, Egypt, Bahrain and the United Arab Emirates, which imposed a boycott on Qatar, issued an ultimatum to Doha to close Al Jazeera, curb ties with Iran, shut a Turkish...

  • DOHA, June 24- Qatar is reviewing a list of demands presented by four Arab states imposing a boycott on the wealthy Gulf country, but said on Saturday the list was not reasonable or actionable. Saudi Arabia, Egypt, Bahrain and the United Arab Emirates, which imposed a boycott on Qatar, issued an ultimatum to Doha to close Al Jazeera, curb ties with Iran, shut a Turkish...

  • DOHA, June 24- Qatar is reviewing a list of demands presented by four Arab states imposing a boycott on the wealthy Gulf country, but said on Saturday the list was not reasonable or actionable. Saudi Arabia, Egypt, Bahrain and the United Arab Emirates, which imposed a boycott on Qatar, issued an ultimatum to Doha to close Al Jazeera, curb ties with Iran, shut a Turkish...

  • PARIS, June 23- Europe is embarking on an expensive and politically charged effort to develop a new combat jet that will shape the future of the European fighter industry and its three existing programmes- Eurofighter, France's Rafale and Sweden's Gripen. President Donald Trump's cooler stance towards Europe had given the effort some fresh momentum.

  • June 23- U.S. ratings agency Moody's Investors Service upgraded Greece's long-term issuer rating to' Caa2' from' Caa3' following the extension of a credit lifeline to the country by euro zone governments. The euro zone government had given Greece another 11th- hour credit lifeline worth 8.5 billion euros, last week. The International Monetary Fund Managing...

  • Among major oil- and gas-producing states, Oklahoma added five rigs, North Dakota increased by three rigs, Louisiana gained two and California and Colorado were up one each. Alaska declined by two while New Mexico and Utah declined by one apiece. Arkansas, Kansas, Ohio, Pennsylvania, Texas, West Virginia and Wyoming were unchanged.

  • SAO PAULO, June 23- Brazil's state-controlled oil company Petrobras said on Friday it has resumed negotiations with Sete Brasil Participações SA over vessel contracts.

  • WORCESTER, Mass.— A man accused of killing a Google employee who went out for a run near her mother's Massachusetts home last summer has been indicted. Worcester County District Attorney Joseph Early Jr. says a grand jury handed down the indictment Friday against Angelo Colon-Ortiz. The Worcester resident was arrested in connection with the death of 27-...