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Wires

  • March 23- Billionaire investor William Ackman's Pershing Square Holdings Ltd said on Thursday it planned to list its shares in London as it seeks to improve liquidity and valuation. The company, which has a listing on the Euronext Amsterdam stock exchange, said it plans to apply for a premium listing on the London Stock Exchange and that it would be eligible for...

  • Senate Democratic leader Chuck Schumer pledges to pursue a procedural hurdle to try to block the confirmation of Trump's Supreme Court nominee Neil Gorsuch, a move that could provoke a nasty partisan fight. The State Department will approve by Monday the permit needed to proceed with construction of the Canada- to-United States Keystone XL oil pipeline, a...

  • BERLIN, March 23- German candymaker Haribo, famous for its fruit-flavoured gummy bears, plans to build its first production facility in the United States and start making confectionery there from 2020.. Haribo, a model of Germany's successful "Mittelstand" firms which make up the backbone of Europe's largest economy, was founded in 1920. Expansion in the U.S. pits...

  • NEW YORK, March 23- U.S. stocks rose slightly on Thursday despite signs that President Donald Trump was struggling to get enough votes to pass a healthcare bill in Congress, while European shares rose on bank borrowing and gold prices slipped. U.S. investors remained in suspense, with Trump poised to make a final push to secure the votes needed to begin dismantling...

  • Bankruptcy Judge Barry Schermer in St. Louis approved last week a plan by Peabody, which has valuable coal assets both in the United States and Australia, to emerge from bankruptcy in early April with about $2 billion of debt. In a notice of appeal filed with the Bankruptcy Court in St. Louis, about a dozen money managers who voted against the plan asked an appellate...

  • President Donald Trump made a final push on Thursday to win over skeptical members of his own Republican Party to begin dismantling Obamacare in the House of Representatives or risk failure on one of his top legislative priorities. Trump met at the White House on Thursday morning with some of the bill's strongest opponents- members of the conservative House...

  • WASHINGTON, March 23- White House spokesman Sean Spicer said on Thursday he believed the House of Representatives was still on track to hold a vote on Thursday night on healthcare legislation backed by President Donald Trump. Spicer, at his daily news briefing, said Trump's meeting with House Republican conservatives who make up the " Freedom Caucus" was a "very...

  • LONDON, March 23- Deutsche Bank has chosen a new office for its London headquarters, signalling a vote of confidence in Britain's capital despite the country's decision to leave the European Union. This week Goldman Sachs said it would begin moving hundreds of people out of London as part of contingency planning to retain access to the single market even before...

  • WASHINGTON, March 23- The head of the conservative House Freedom Caucus said on Thursday his group could not yet support the bill to roll back Obamacare in the House of Representatives, saying the measure still lacked the support needed for passage. "We've made very reasonable requests and we're hopeful that those reasonable requests will be listened to and...

  • March 23- The trade group for U.S. biodiesel producers on Thursday petitioned the U.S. government to impose antidumping and countervailing duties on imports of biodiesel from Argentina and Indonesia that it says have that flooded the U.S. market and violated trade agreements. Biodiesel imports from Argentina and Indonesia rose 464 percent from 2014 to 2016...

  • CHICAGO, March 23- U.S. soybean futures fell for a second straight session on Thursday and corn dropped to a 2-1/ 2 month low, pressured by plentiful global supplies amid bumper South American crops and expectations for large plantings in the United States. Additionally, we're hearing some larger acreage estimates for 2017 U.S. soybean plantings as well, "said...

  • NEW YORK, March 23- Concerns over U.S. Signs the Trump Administration's push to win enough votes in the U.S. House of Representatives dismantle former President Barack Obama's Affordable Care Act tugged the benchmark U.S. Investors over the last several years have been conditioned to believe that volatility is broadly suppressed and if you get a little...

  • WINNIPEG, Manitoba, March 23- The western Canadian province of Saskatchewan will review regulations and engineering standards for pipelines around bodies of water following a Husky Energy Inc oil spill last year into a major river. Husky's July 2016 spill into the North Saskatchewan River forced the cities of Prince Albert and North Battleford to...

  • The two remaining Republicans in the Senate were absent and did not cast a vote. Senate Majority Leader Mitch McConnell said the Senate was overturning a regulation that "makes the internet an uneven playing field, increases complexity, discourages competition, innovation, and infrastructure investment." In a joint statement, Democratic members of the FCC and...

  • WASHINGTON— Senior U.S. officials say the State Department will recommend approval of the Keystone XL pipeline, clearing the way for the White House to formally approve it. The officials say the White House would announce the permit's issuance after the State Department recommendation. Tillerson is the former CEO of Exxon Mobil.

  • ANTOFAGASTA, Chile, March 23- The strike at Chile's Escondida, the world's largest copper mine, is ending after workers decided to invoke a rarely used legal provision that allows them to extend their old contract, the union said on Thursday. Hours earlier, talks between the two sides failed, and Escondida, which is operated by BHP Billiton, said it would attempt to...

  • March 23- Wall Street wavered on Thursday as investors snapped up beaten-down bank stocks and fretted about a vote on a healthcare bill that is seen as President Donald Trump's first policy test. Failure to pass the American Health Care Act would cast doubt on Trump's ability to deliver other parts of his agenda that need the cooperation of the...

  • WASHINGTON, March 22- U.S. home resales fell more than expected in February amid a persistent shortage of houses on the market that is pushing up prices and sidelining prospective buyers. The National Association of Realtors said on Wednesday existing home sales declined 3.7 percent to a seasonally adjusted annual rate of 5.48 million units last month after...

  • CARACAS, Venezuela— Residents of Venezuela's capital awoke to long lines of cars at gas stations amid rumors that fuel supplies in the nation with the world's largest oil reserves are running out. Dozens of cars were lined up at gas stations around Caracas on Thursday morning in a fuel shortage officials are attributing to transportation delays.

  • BOSTON, March 23- Thirteen years ago Eric Mindich set what has been called a record when he raised $3 billion for his new hedge fund Eton Park. The firm oversees $7 billion in assets and kicked the year off with a modest performance, neither losing nor making money for clients. Last year was far tougher, and Eton Park ended the year with a 9 percent loss as assets shrunk...