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Wires

  • SAN FRANCISCO, May 22- Cyber security firm Symantec Corp said on Monday it was "highly likely" a hacking group affiliated with North Korea was behind the WannaCry cyber attack this month that infected more than 300,000 computers worldwide and disrupted operations at hospitals, banks and schools across the globe. The U.S. government and private companies have...

  • *OPEC- led oil production cut seen being extended to March 2018. SINGAPORE, May 23- Oil prices were firm on Tuesday on the expectation that an OPEC- led production cut would be extended to next March, but analysts said economic slowdown was clouding the mid-term outlook for crude markets. OPEC and other participating producers are due to meet in Vienna on May 25 to...

  • BRASILIA, May 22- Brazilian President Michel Temer, facing growing calls for his resignation over a corruption scandal, said he would not step down even if he was formally indicted by the Supreme Court. Oust me if you want, but if I stepped down, I would be admitting guilt, "Temer told Folha de S.Paulo, Brazil's biggest newspaper, in an interview published on Monday.

  • 1- Jun Spain Bond auction 1- Jun Japan 3- month discount bill auction 1- Jun Japan Auction of 10- year government bonds 5- Jun France Auction of BTF Treasury notes 6- Jun United Kingdom Auction of 0 1/ 2% Treasury Gilt 2022. 6- Jun Netherlands DTC auction 6- Jun Japan Auction of 30- year government bonds 7- Jun Germany Auction of 5- year Federal notes 7- Jun Sweden...

  • 1- Jun Spain Bond auction 1- Jun Japan 3- month discount bill auction 1- Jun Japan Auction of 10- year government bonds 5- Jun France Auction of BTF Treasury notes 6- Jun United Kingdom Auction of 0 1/ 2% Treasury Gilt 2022. 6- Jun Netherlands DTC auction 6- Jun Japan Auction of 30- year government bonds 7- Jun Germany Auction of 5- year Federal notes 7- Jun Sweden...

  • **NEW YORK- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on the economic outlook before the MNI Connect Roundtable- 2100 GMT. **MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari holds media Q&A at the Opportunity and Inclusive Growth Institute Conference- 1300 GMT. **MINNEAPOLIS- Federal Reserve Bank of...

  • **NEW YORK- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on the economic outlook before the MNI Connect Roundtable- 2100 GMT. **MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari holds media Q&A at the Opportunity and Inclusive Growth Institute Conference- 1300 GMT. **MINNEAPOLIS- Federal Reserve Bank of...

  • BEIJING, May 23- As a controversial U.S. investment visa scheme comes under fresh criticism, Sam Walls of Little Rock, Arkansas, faces a different problem as he courts wealthy Chinese. Walls, who is 47 and does not speak Mandarin, spent three months in China last year promoting the project, often travelling by high-speed rail between Beijing and Shanghai.

  • LONDON, May 22- Hedge funds have started to rebuild bullish long positions in crude oil as OPEC prepares to extend its production cuts for an additional nine months. Combined Brent and WTI short positions increased by just 22 million barrels in the week to May 16 compared with 71 million in the week to May 9 and 65 million in the week to May 2. By May 16, combined short...

  • LONDON, May 23- A British bomb disposal team is investigating a reported explosion at a major concert venue that has caused a number of deaths in the northern English city of Manchester, broadcaster Sky News reported on Monday.

  • The suit filed earlier this month in federal court on behalf of a Los Angeles man said the events planned over two weekends were "nothing more than a get-rich-quick scam" akin to a Ponzi scheme that put the lives— and small fortunes— of thousands of participants in jeopardy. In an amended complaint filed in U.S. District Court, Geragos said 300 people had contacted...

  • MEXICO CITY, May 22- The auto industries of the United States, Canada and Mexico agree there should be no changes to rules of origin in the North American Free Trade Agreement, the president of the Mexican automakers' association said on Monday. Under the trade deal between the United States, Mexico and Canada, rules of origin stipulate that products must meet...

  • DUBLIN _ Perrigo Co. on Monday reported a loss of $1.36 billion in its fourth quarter. On a per-share basis, the Dublin- based company said it had a loss of $9.48. Six analysts surveyed by Zacks expected $1.17 billion.

  • *Euro zone not ready to disburse new loans to Greece. BRUSSELS, May 22- Euro zone finance ministers failed to agree on debt relief for Greece with the International Monetary Fund on Monday and did not release new loans to Athens, but came close enough in talks to aim for both deals at their next meeting in three weeks. Greece needs new cash from the euro zone to avoid a...

  • SAO PAULO, May 22- Brazilian markets extended their losses on Monday on fears the country's mushrooming political crisis will derail efforts to pull Latin America's biggest economy out of its worst-ever recession. Currencies and stock indexes across Latin America showed volatile trading amid risk aversion in the region, though Mexico's peso firmed 0.27...

  • SAO PAULO/ BRASILIA/ NEW YORK, May 22- Brazilian meatpacker JBS SA's stocks and bonds plunged on Monday as investors worried about the legal and financial consequences stemming from its central role in Brazil's latest corruption scandal. The selloff came as holding company J&F Investimentos, controlled by billionaires Joesley and Wesley Batista, resumed...

  • NEW YORK, May 22- Ford Motor Co's unexpected decision to replace its chief executive officer on Monday may not be the catalyst that revives its slumping share prices. Shares of the second-largest U.S. automaker rose 2.1 percent Monday, a relatively muted reaction given the 0.5 percent gain in the broad Standard& Poor's 500 index. There's just nothing out there...

  • BRASILIA, May 22 (Reuters)- Brazilian President Michel Temer, facing growing calls for his resignation over a corruption scandal, said he would not step down even if he was formally indicted by the Supreme Court. The scandal has threatened to tear apart Temer's coalition in Congress and leave Latin America's largest economy adrift as the president fights for his...

  • WASHINGTON, May 22- Cyber security firm Symantec said on Monday it was "highly likely" a hacking group affiliated with North Korea was responsible for the WannaCry cyber attack this month that infected more than 300,000 computers worldwide and disrupted operations at hospitals, banks and schools across the globe. Previous versions of the worm used in targeted...

  • In a joint filing with the U.S. House of Representatives submitted to the U.S. Court of Appeals for the District of Columbia Circuit, the administration and Republican lawmakers asked for a second 90- day extension. Insurers that are trying to set premium rates for insurance plans to be sold in 2018 are running up against deadlines and have repeatedly asked...