Wires

  • *Gulf of Mexico producers shut in 0.17 mln bpd of oil. Gulf of Mexico have shut output equal to 168,334 barrels per day of oil and 190 million cubic feet per day of natural gas as a precaution against a tropical storm, the U.S. Bureau of Safety and Environmental Enforcement said on Monday. Oil prices have also been taking direction from speculation that a meeting next...

  • LONDON, Aug 30- Gold fell on Tuesday after Federal Reserve officials sounded a hawkish note on interest rates, boosting the dollar, while attention turned to U.S. payrolls data this week for further clues on the pace of rate hikes. Fed Chair Janet Yellen said on Friday the case for higher rates was strengthening, though she gave little clarity on the timing of a move.

  • Director Spike Jonze has unveiled a wild four-minute perfume advertisement that stars actress Margaret Qualley. The advertisement is for a new perfume from France's Kenzo brand, but doesn't include any apparent reference to the scent. In addition to movies such as "Being John Malkovich" and "Her," Jones has directed numerous music videos.

  • Aug 30- General Electric Co on Tuesday named Richard Laxer chief executive of GE Capital, which the conglomerate began shrinking in 2015 as part of efforts to return to its industrial roots. Since April 2015, Sherin has led the transformation of GE Capital into a smaller, more focused business, GE Chief Executive Jeff Immelt said. GE also said GE Capital will now...

  • US DOLLAR INDEX RISES TO SESSION HIGHS OF 95.98 AFTER CONSUMER CONFIDENCE DATA.

  • *Apple slips after being asked to pay Irish government $14.5 bln. Aug 30- Wall Street was little changed on Tuesday morning as investors looked for catalysts to drive the markets while keeping one eye on clues for the timing of the next interest rate hike. Federal Reserve Chair Janet Yellen painted a rosy picture of the U.S. economy at an economic symposium on...

  • WASHINGTON, Aug 30- Senate Democratic leader Harry Reid is calling on the FBI to conduct a quick and thorough investigation into concerns the Russian government is trying to undermine the U.S. presidential election, including by tampering with official election results. Comey, speaking at a cyber security conference on Tuesday, declined to give details about...

  • BRASILIA, Aug 30- The impeachment trial of Brazil's suspended President Dilma Rousseff entered its fifth day in the Senate on Tuesday with closing arguments by her defense and accusers, who are seeking to remove her from office for breaking budgetary rules. Rousseff was cross-examined by senators for more than 14 hours on Monday. The 81 senators will make final...

  • *CEO says single-source deals to be examined. *Supplier dispute halted production at six plants. HAMBURG, Aug 30- Volkswagen Chief Executive Matthias Mueller has vowed to review the German car giant's procurement strategy to avoid any repetition of the crippling supplier dispute that hit production at six plants this month.

  • *Insurers and funds eye Ireland. FRANKFURT/ DUBLIN, Aug 30- Ireland says the Brexit vote has led to a jump in enquiries from London firms considering opening offices in Dublin, one of a handful of European cities trying to draw business away from Britain's financial centre. "Post-Brexit, it's meant a lot more meetings, more phone calls and a lot more travel," said Eoghan...

  • STAVANGER, Norway, Aug 30- Oil companies are deepening cost cuts through efficiency and standardization to stay profitable while maintaining dividends as a supply glut pushes back a potential recovery in the price of crude, top executives and analysts said. But hopes for a steep recovery in prices have been dashed by persistent oversupply, meaning companies...

  • NEW YORK— The latest on developments in global financial markets:. Hershey slumped 11 percent and Mondelez rose 4 percent in early trading Tuesday after Mondelez, which makes Oreo cookies and other products, said it would no longer pursue a combination with Hershey. Exxon Mobil gained 0.5 percent.

  • NEW YORK, Aug 30- The dollar strengthened on Tuesday to a two-week high against a basket of currencies as investors looked ahead to crucial jobs data this week for clues on when the Federal Reserve will next raise interest rates. Hawkish comments on Friday by Fed Chair Janet Yellen and Vice Chair Stanley Fischer have increased expectations the U.S. central bank...

  • BRASILIA, Aug 28- The impeachment trial of Brazil's suspended President Dilma Rousseff entered its fourth day in the Senate on Tuesday with closing arguments by her defense and accusers, who are seeking to remove her from office for breaking budgetary rules. Rousseff was cross-examined by senators for more than 14 hours on Monday. The 81 senators will make...

  • ZURICH, Aug 30- Switzerland's central bank now owns more publicly-traded shares in Facebook than Mark Zuckerberg, part of a mushrooming stock portfolio that is likely to grow yet further. Nevertheless this example illustrates how the Swiss National Bank has become a multi-billion-dollar equity investor due to its campaign to hold down the Swiss franc.

  • LONDON, Aug 30- It's been nearly a year since Glencore announced it was mothballing half a million tonnes of mined zinc capacity. Three-month metal is currently trading just above $2,300 per tonne, compared with $1,700 at the time of the announcement back in October 2015. Several analysts tried to pin Glencore Chief Executive Ivan Glasenberg down on the...

  • NEW YORK, Aug 30- U.S. single-family home prices rose slightly less than expected on an annual basis in June, and were down from the prior month, a survey showed on Tuesday. "Overall, residential real estate and housing is in good shape," said David M. Blitzer, managing director and chairman of the index committee at S&P Dow Jones Indices. Home prices in three U.S. cities-...

  • TRIPOLI, Aug 30- A Libyan armed force controlling some of the country's southern oilfields will close two of them down because the government has not paid the funds needed to maintain security operations, a brigade commander said on Tuesday. NOC chairman Mustafa Sanalla said on Monday that delays in the budget from Libya's new government for the state energy...

  • Aug 30- General Electric Co on Tuesday appointed Richard Laxer as chief executive of its finance arm, GE Capital. Sherin is also vice chairman of GE and chairman of GE Capital. GE also said GE Capital will now consist of three divisions: GE Capital Aviation Services, GE Energy Financial Services and GE Industrial Finance.

  • YENAGOA, Nigeria, Aug 30- A militant group on Tuesday said it attacked a pipeline operated by the Nigerian Petroleum Development Company, a subsidiary of Nigeria's state oil company, in the country's restive southern Delta region. The Niger Delta Greenland Justice Mandate said in a statement that it attacked the Ogor-Oteri pipeline in Delta state, operated...