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Wires

  • BARCELONA, Spain— Spanish Prime Minister Mariano Rajoy has warned a group of Catalan business leaders of the negative economic impact if separatists succeed in winning independence for the northeastern region. Speaking in the Catalan coastal town of Sitges on Saturday, Rajoy said a breakup of Spain would have "terrible economic consequences."

  • LONDON— The Latest on British Airways flight stalled by IT failure:. British Airways has canceled all flights from London's Heathrow and Gatwick airports as a global IT failure causes severe disruption for travelers. BA says terminals at Heathrow and Gatwick have become extremely congested and it is cancelling all flights from the airports until 6 p.m..

  • TAORMINA, Italy, May 27- Leaders of the Group of Seven wealthy nations pledged on Saturday to fight protectionism, overcoming resistance from U.S. However, the United States remained isolated from the other six G7 nations over climate change, demanding more time to decide whether to honour its commitments to reduce carbon emissions under the 2015 Paris...

  • TAORMINA, Sicily— The Latest on Group of Seven summit:. President Donald Trump says he'll make a final decision next week on whether the U.S. will stay in the Paris climate agreement. Shop owners in a Sicilian town have covered their windows with sheet metal and cardboard ahead of a protest expected to take place on the sidelines of a Group of Seven meeting.

  • LONDON— British Airways canceled all flights from London's Heathrow and Gatwick airports Saturday as a global IT failure causes severe disruption for travelers. BA said terminals at Heathrow and Gatwick had become extremely congested and cancelled all flights from those airports until 6 p.m.. Earlier, passengers at Heathrow reported long lines at check-in...

  • BEIJING, May 27- China's non-financial outbound direct investment in January-April slumped 56.1 percent from the same period of last year to $26.37 billion, the commerce ministry said, underscoring the impact of the nation's capital curbs. China tightened its grip on moving funds out of the country late last year as the yuan fell to eight-year lows.

  • TAORMINA, Sicily— Seven wealthy democracies have reached a deal at their annual summit to give the Trump administration time to say whether the United States plans to stay in the Paris climate agreement, a person familiar with the talks said Saturday. The last G-7 meeting in Ise-Shima, Japan in 2016 agreed to "fight all forms of protectionism," or the use of import...

  • BEIJING, May 27- China's non-financial outbound direct investment in April plummeted 70.8 percent from a year earlier to $5.83 billion, the commerce ministry said in a statement on its website on Saturday.

  • TORONTO, May 26- The Toronto Stock Exchange's efforts to win a slice of the massive Saudi Aramco public listing plays up the country's deep experience in natural resources as part of a broader offer to help the kingdom with its shift away from oil dependence. One source directly involved in the Canadian pitch told Reuters they are focused on convincing the...

  • TAORMINA, Italy, May 27- Leaders of the Group of Seven wealthy nations met African heads of state on Saturday, the final day of their annual summit which has been marked by discord over climate change, but unity on tackling terrorism. Italy had hoped to make Africa the major focus of the annual G7 gathering, holding the discussions on the island of Sicily that has...

  • BEIJING, May 27- The outstanding amount of China's dollar-denominated Qualified Foreign Institutional Investor programme rose to $92.72 billion as of May 26, from $90.76 billion at the end of April, the foreign exchange regulator said on Saturday.

  • PARIS, May 27- Airbus Helicopters, the world's largest supplier of commercial helicopters, has started building an assembly line in China in what Europe's largest aerospace group said was a key step in its plans to tap into the Chinese market. The company's final assembly line will be located in Qingdao, eastern China, with construction expected to be completed...

  • TAORMINA, Sicily— The Latest on President Donald Trump's visit to Europe:. President Donald Trump says he'll make a final decision next week on whether the U.S. will stay in the Paris climate agreement. President Donald Trump and Canada's prime minister met on the sidelines of the G-7 summit to discuss economic issues.

  • WASHINGTON— A Kuwaiti logistics company has agreed to pay $95 million to resolve allegations that it inflated prices and defrauded the U.S. government for contracts to feed American troops in Iraq, Kuwait and Jordan. Agility had been suspended from federal government contracting since its indictment in 2009. The Department of Defense's Defense Logistics...

  • Once on the brink of forced retirement, the A-10 attack plane with the ungainly shape and odd nickname has been given new life, spared by Air Force leaders who have reversed the Obama administration's view of the plane as an unaffordable extra in what had been a time of tight budgets. In the 2018 Pentagon budget plan sent to Congress this week, the Air Force proposed...

  • TAORMINA, Sicily— President Donald Trump says he'll make a final decision on whether the U.S. will stay in the Paris climate agreement next week. Trump was cajoled for three days— first in Brussels at meetings of NATO and the European Union, then in Sicily for G-7— but will leave Italy without making clear where he stands. Trump, who will return to the White House under a...

  • Profits in April rose to 572.78 billion yuan, the National Bureau of Statistics said on its website. A building boom, fueled by a government infrastructure spree and a heated housing market, has boosted demand and prices for materials from steel to cement, giving China's long ailing "smokestack" industries more cashflow to chip away at a mountain of debt.

  • BEIJING, May 27- Profits earned by Chinas industrial firms in April rose 14.0 percent from a year earlier, the statistics bureau said on Saturday, slowing from the pace in March. Profits in April rose to 572.78 billion yuan, the National Bureau of Statistic said on its website. The data includes large companies with annual revenues of more than 20 million yuan from...

  • May 26- Hackers used malware to steal customer payment data from most of Chipotle Mexican Grill Inc's restaurants over a span of three weeks, the company said on Friday, adding to woes at the chain whose sales had just started recovering from a string of food safety lapses in 2015.. Chipotle said it did not know how many payment cards or customers were affected by...

  • Mikhail Fridman, Petr Aven and German Khan of Alfa Bank are seeking unspecified damages from BuzzFeed, editor-in-chief Ben Smith, reporter Ken Bensinger, and editors Miriam Elder and Mark Schoofs. The dossier published Jan. 10 included explosive claims that Russian officials had compiled compromising information about Republican Donald Trump.