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Wires

  • SANTIAGO, Feb 20- The union representing striking workers at Chilean copper mine Escondida and mine owner BHP Billiton Plc sat down to talk on Monday afternoon after the government called a meeting in hopes of ending the 12- day-old strike. The stoppage at the world's biggest copper mine helped boost copper prices on expectations of tighter supply, although...

  • *Compliance with OPEC cut around 90 pct, but U.S. output rising. NEW YORK, Feb 20- Oil prices inched higher on Monday, as investor optimism over the effectiveness of producer cuts encouraged record bets on a sustained rally, although growing U.S. output and stubbornly high stockpiles kept price gains in check. Top OPEC exporter Saudi Arabia's crude oil shipments...

  • NEW YORK/ LONDON, Feb 20- Gold firmed on Monday as the dollar softened, although trading was thin due to the U.S. holiday and as markets awaited details on President Donald Trump's tax policy. Liquidity was thin due to the Presidents Day holiday in the United States. "We have settled into a $1,220- 1,245 range, with activity expected to be light on Presidents Day," said...

  • TRURO, Mass.— A Jeep that has been stuck inside a Massachusetts sand dune for 40 years is set to be removed. The Cape Cod Times reports the Jeep Wagoneer is entombed in a garage in Truro that became overtaken by the dune decades ago. Basil Musnuff's mother owns the property.

  • LONDON, Feb 20- Kraft Heinz's dropped bid to buy Unilever is the third-largest M&A deal to collapse, according to Thomson Reuters data, adding to a recent run of failures that highlights the appetite for the pursuit of audacious mega-mergers. The abrupt U-turn by U.S. foods giant Kraft at the weekend pushed the value of deals withdrawn this year to $205.2 billion,...

  • *Lenders to send experts back to Greece to work out reforms. BRUSSELS, Feb 20- Greece and its international lenders agreed on Monday to let teams of experts work out new reforms to Greek pensions, income tax and labour market that would allow Athens to eventually qualify for more cheap loans, euro zone officials said. Greece needs a new tranche of financial aid under...

  • Feb 20- Here is a complete list of all the things we can definitely infer from higher stock market prices:. 1- People who own stocks would have more cash if they sold today. It is no more true to say today that the new heights of the stock market are a verdict in support of Donald Trump, as he argues, than it was several months ago to imply they confirm the policies of Barack...

  • Feb 20- Here is a complete list of all the things we can definitely infer from higher stock market prices:. 1- People who own stocks would have more cash if they sold today. It is no more true to say today that the new heights of the stock market are a verdict in support of Donald Trump, as he argues, than it was several months ago to imply they confirm the policies of Barack...

  • The deal, which will likely value Popeyes at more than $1.7 billion, is a bet by Oakville, Ontario- based Restaurant Brands that it can use its international reach to introduce Popeyes' Louisiana-style fried chicken and buttermilk biscuits to more diners globally. Restaurant Brands did not respond immediately to a request for comment, while Popeyes decline to...

  • Feb 20- Saudi Arabia is favoring New York to list state oil giant Saudi Aramco, while also considering London and Toronto for the prospect of floating the firm, the Wall Street Journal reported on Monday. Saudi officials also talked to exchanges in Singapore, Hong Kong, Tokyo and Shanghai but are unlikely to pursue listing in those places, the newspaper said, citing...

  • BOGOTA, Feb 20- Pumping operations along Colombia's second-most important oil pipeline, the Cano-Limon Covenas, were halted due to a bomb attack by rebels from the Marxist ELN group, a police and a military official said on Monday. The attack comes as Colombian President Juan Manuel Santos' government engages in peace talks with the rebels in Ecuador.

  • SAO PAULO/ RIO DE JANEIRO, Feb 20- Vale SA plans to become a company with no defined controlling shareholder as soon as possible, in a landmark step aimed at enhancing transparency and equal rights for all shareholders in the world's largest iron ore producer. Controlling shareholders grouped under holding company Valepar SA agreed to stay together for up to 3-1/...

  • Feb 20- Restaurant Brands International Inc, owner of the Burger King and Tim Hortons fast-food chains, is nearing a deal to acquire Popeyes Louisiana Kitchen Inc, people familiar with the matter said on Monday. A deal could be announced as early as this week, the people said, asking not to be identified because the negotiations are confidential.

  • EXCLUSIVE-RESTAURANT BRANDS INTERNATIONAL INC NEARS DEAL TO ACQUIRE POPEYES LOUISIANA KITCHEN INC- SOURCES.

  • The news organizations said in a court filing there was "no adequate justification" for the FBI to continue to withhold information on the cost of the tool or the identity of the vendor that sold it. They said their requests were narrowly tailored and, contrary to the arguments of the FBI and Justice Department, did not seek information that would jeopardize...

  • Feb 20- Acquire, slash costs, repeat. Billionaire investor Warren Buffet and buyout firm 3 G Capital's failed $143 billion bid to combine their food conglomerate Kraft Heinz Co with Unilever Plc shows their winning formula now needs a growth boost. "Perhaps Kraft will now acquire another medium-sized U.S. food company, like General Mills Inc, Kellogg Co, or...

  • LONDON, Feb 20- Asset managers on Monday marshaled their defense against proposed changes by their regulator aimed at boosting value for investors by cutting costs and increasing competition. The Financial Conduct Authority launched a review of the industry last year aimed at overhauling Britain's 7 trillion pound asset management industry, and gave Feb....

  • BRUSSELS, Feb 20- European Union data protection watchdogs said on Monday they were still concerned about the privacy settings of Microsoft's Windows 10 operating system despite the U.S. company announcing changes to the installation process. The group- referred to as the Article 29 Working Party- asked for more explanation of Microsoft's processing of...

  • *OPEC cut compliance around 90 pct, but U.S. output rising. Top OPEC exporter Saudi Arabia's crude oil shipments fell in December to 8.014 million barrels per day from 8.258 million bpd in November, official data showed on Monday. Brent futures were up 37 cents at $56.18 a barrel at 1:05 p.m. EST, while U.S.

  • LONDON, Feb 20- German carmaker Volkswagen has fixed 470,000 cars out of 1.2 million affected by the diesel emissions scandal in Britain, the firm's UK managing director told lawmakers on Monday. Paul Willis faced difficult questions from lawmakers, some of whom are angry that the firm has not been fined in Britain and that motorists have not received...