Wires

  • WASHINGTON, Sept 27- The Federal Reserve should avoid raising interest rates too much, Fed Vice Chairman Stanley Fischer said on Tuesday, adding that gains in U.S. incomes are a sign that workers are benefiting from a tighter labor market. "I don't want to raise the interest rate too much," Fischer told students at Howard University. Only one of its 17 policymakers is...

  • *STOXX 600 inches up 0.1 pct, down 7 pct year-to-date. LONDON, Sept 27 (Reuters)- European shares edged up on Tuesday at the end of a volatile day with Deutsche Bank picking up from record lows on hopes a U.S. demand for $14 billion to settle claims that it missold mortgage-backed securities could be lowered. Traders said the stock recovered thanks to remarks by a U.S....

  • JOHANNESBURG— Chevron says four people were killed when a helicopter crashed on the way to an oil facility off the coast of Angola. Four of the five passengers were contractors, and the fifth was an employee of Chevron affiliate Cabinda Gulf Oil Co.. Angola recently became Africa's leading oil producer as Nigeria struggles with crises including oil militant...

  • WASHINGTON, Sept 27- Wells Fargo Bank has settled federal charges over inaccurate large trader reports for physical commodity swaps positions, the U.S. Commodity Futures Trading Commission said on Tuesday, ordering the firm to pay a $400,000 penalty.

  • The Girl on the Train by Paula Hawkins, narrated Clare Corbett, Louise Brealey and India Fisher. The Complete Sherlock Holmes: The Heirloom Collection by Sir Arthur Conan Doyle, narrated by Simon Vance. Behind Closed Doors by B.A. Paris, narrated by Georgia Maguire.

  • SAO PAULO, Sept 27- The Mexican peso strengthened on Tuesday as traders cheered Democrat candidate Hillary Clinton's performance against Republican Donald Trump in the first presidential debate. Many traders fear a Trump victory could threaten Mexican exports to the United States, its biggest single market. Nomura Securities analysts believe it would be...

  • ROME, Sept 27- Italy is poised to cut its economic growth forecasts for this year and next and raise its projections for the budget deficit on Tuesday when the cabinet meets to approve a new forecasting document. The new forecasts, which will provide the framework for the government's 2017 budget to be presented next month, will set up a potential tussle with the...

  • Sept 27- Delta Air Lines Inc plans to buy larger regional jets with a list value of up to $2.3 billion if it can get its pilots' union to accept an overhaul of the small-plane fleet, Bloomberg reported on Tuesday. Delta wants the option of adding as many as 50 more planes in the 70- to 76- seat range, Bloomberg reported, citing a memo sent to the pilots.

  • *Iran insists on much higher output targets. *Gulf OPEC members, Russia trying to persuade Iran. ALGIERS, Sept 27- Saudi Arabia and Iran on Tuesday dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as the group and non-member Russia were still trying to bridge differences between the kingdom and Tehran.

  • TORONTO, Sept 27- Canadian money manager West Face Capital is looking to raise $1.5 billion for a new private equity fund, according to a person familiar with the situation on Tuesday. The Toronto- based hedge fund is targeting both U.S. and Canadian investors with the new fund, the source said on condition of anonymity as the matter is not public.

  • BATON ROUGE, La.— Arleen Weise was apprehensive when she learned Hollywood was making a movie about the offshore explosion that killed her son, Adam, and 10 other men aboard the Deepwater Horizon drilling rig. Weise said she's still struggling to decide how she ultimately feels about how "Deepwater Horizon" portrays the last day of her son's life before he died in...

  • The Grand Island Independent reports that the judge ruled in U.S. District Court in Omaha last week that she found no evidence of a discriminatory motive on the part of JBS Swift, now known as JBS USA. The lawsuit was filed in August 2010 by the federal Equal Opportunity Employment Commission on behalf of more than 80 Somali Muslims. It said JBS failed to make...

  • LONDON, Sept 27- Standard Chartered said on Tuesday that it has referred allegations of impropriety at an Indonesian power plant company that the bank's private equity arm invested in to "the appropriate authorities". The Wall Street Journal earlier said that the bank faced an investigation by the U.S. Department of Justice into whether it failed to stop...

  • EL DIAMANTE, Colombia, Sept 27- Veterans of Colombia's FARC guerrilla army could soon be making a living as eco-tourism guides, beef processors or cheese makers under plans by the Marxist group to invest in economic projects once a peace deal takes hold. Vast swathes of rural land abandoned for decades because of war will be open to development, including by...

  • EL DIAMANTE, Colombia, Sept 27- Veterans of Colombia's FARC guerrilla army could soon be making a living as eco-tourism guides, beef processors or cheese makers under plans by the Marxist group to invest in economic projects once a peace deal takes hold. Vast swathes of rural land abandoned for decades because of war will be open to development, including by...

  • CHICAGO, Sept 27- Hold-out creditors of Caesars Entertainment Corp's bankrupt operating unit accepted a sweetened $5 billion deal on Tuesday that could finally extricate the casino company from a costly bankruptcy. Following are key events in the $18 billion bankruptcy of the Las Vegas- based casino group's main operating unit, Caesars Entertainment...

  • Two Weatherford senior accounting executives at the time also agreed to settle charges that they were behind the scheme, the SEC said. Weatherford fraudulently lowered the year-end sum it set aside for income taxes each year by $100 million to $154 million so that it "could better align its earnings results with its earlier-announced projections and...

  • WASHINGTON, Sept 27- Six Democratic U.S. senators on Tuesday said it was "unacceptable" that Yahoo only last week announced a 2014 hack into 500 million user accounts and asked embattled CEO Marissa Mayer for more information about the company's investigation into the data breach. Yahoo has faced mounting questions about exactly when it knew about the 2014...

  • DEPT OF HOMELAND SECURITY REVIEWING CASES TO REVOKE CITIZENSHIP OF IMMIGRANTS WHO WERE MISTAKENLY GRANTED CITIZENSHIP- DHS SECRETARY JOHNSON.

  • PARIS, Sept 27- France is unlikely to meet its 2017 budget deficit target, the country's independent fiscal watchdog said on Tuesday, casting doubt on the government's plan to cut the shortfall to less than 3 percent of output. A serial offender of the EU's fiscal rules, France has delayed bringing its deficit below 3 percent several times under both Socialist and...