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  • June 27- The federal board overseeing Puerto Rico's finances disapproved a $9 billion debt restructuring deal covering the bankrupt U.S. territory's public power monopoly, The Wall Street Journal reported on Tuesday, citing people familiar with the matter. Insurers of billions of dollars of Puerto Rican bonds had sued the island's financial oversight...

  • *CNPC main supplier of diesel and gasoline to North Korea. BEIJING, June 28- China National Petroleum Corp has suspended sales of fuel to North Korea over concerns the state-owned oil company won't get paid, as pressure mounts on Pyongyang to rein in its nuclear and missile programmes, three sources told Reuters. A prolonged cut would threaten critical supplies...

  • BENGALURU, June 28- Gold prices firmed on Wednesday on lower equities and a weaker U.S. dollar after European Central Bank President Mario Draghi hinted the ECB could trim its stimulus this year. *Spot gold had risen 0.2 percent to $1,249.17 per ounce by 0049 GMT. *U.S. Senate Republican leaders postponed a vote on a healthcare overhaul on Tuesday after resistance...

  • LONDON, June 27- Oil prices have been rising gently during the past four trading sessions despite concerns about the continued rise in the U.S. rig count and enormous excess inventories. Front-month Brent futures prices are up by about $2 a barrel since touching a low of $44 on June 21, which could herald a break in the downtrend that had been in place since late May.

  • TOKYO, June 28- Japan's Toshiba Corp said on Wednesday it had not yet reached a final agreement with the preferred bidder for its chip unit as negotiations with several of the parties that make up the consortium were still ongoing. Toshiba said in a statement that it aimed to reach an agreement as soon as possible. The preferred bidder consortium is led by Japanese...

  • TOKYO, June 28- Asian shares slumped on Wednesday after Wall Street was knocked hard in the wake of a delay to a U.S. healthcare reform vote, while the euro rallied after European Central Bank President Mario Draghi hinted that the ECB could trim its stimulus this year. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent in early...

  • Brent crude futures were at $46.32 per barrel at 0012 GMT, down 33 cents, or 0.7 percent, from their last close. The price falls come despite an ongoing effort by the Organization of the Petroleum Exporting Countries to cut production by 1.8 million barrels per day between January 2017 and March 2018. Ian Taylor, head of the world's largest independent oil trader...

  • The White House said in a statement that Trump intended to nominate William Emanuel, 75, to fill one of two vacancies on the five-member NLRB, which oversees union elections and disputes between workers, unions, and employers. Emanuel, a Los Angeles- based partner at law firm Littler Mendelson, has worked with Republicans in Congress and major trade groups from an...

  • ANCHORAGE, Alaska— The Latest on the eruption of an Alaska volcano:. The Alaska Volcano Observatory says seismic activity at an Aleutians Island volcano has diminished. Bogoslof Volcano about 850 miles southwest of Anchorage erupted at 3:17 a.m. Tuesday and sent an ash cloud to 30,000 feet.

  • June 28- For other diaries, please see:. Top Economic Events Polling unit diary Today in Washington Political and general news. 4- Jul Japan Auction of 10- year government bonds 4- Jul Belgium Auction of Treasury bills 5- Jul Germany Auction of 5- year Federal notes 5- Jul Japan 6- month discount bill auction 5- Jul Sweden Auction of Treasury bills 5- Jul Norway...

  • CANBERRA- Federal Reserve Bank of San Francisco President John Williams speaks on "The Global Growth Slump: Causes and Consequences" before the Economic Association of Australia Eminent Speaker Series 2017- 0730 GMT. MOLDOVA- National Bank of Moldova announces interest rate decision. TUESDAY, JULY 4 SYDNEY- Reserve Bank of Australia holds monetary policy...

  • SINTRA, Portugal- European Central Bank President Mario Draghi participates in Policy Panel at the ECB Forum on Central Banking in Sintra, Portugal- 1430 GMT. SINTRA, Portugal- European Central Bank Executive Board Member Vitor Constancio is chairing a Panel "Business cycles, growth and macroeconomic policy" at the ECB Forum on Central Banking in Sintra,...

  • June 28- For other diaries, please see:. Top Economic Events Polling unit diary Today in Washington Political and general news. 4- Jul Japan Auction of 10- year government bonds 4- Jul Belgium Auction of Treasury bills 5- Jul Germany Auction of 5- year Federal notes 5- Jul Japan 6- month discount bill auction 5- Jul Sweden Auction of Treasury bills 5- Jul Norway...

  • SINTRA, Portugal- European Central Bank President Mario Draghi participates in Policy Panel at the ECB Forum on Central Banking in Sintra, Portugal- 1430 GMT. SINTRA, Portugal- European Central Bank Executive Board Member Vitor Constancio is chairing a Panel "Business cycles, growth and macroeconomic policy" at the ECB Forum on Central Banking in Sintra,...

  • NEW YORK, June 27- Jury selection in the New York trial of former drug company executive Martin Shkreli will enter its third day Wednesday, after some potential jurors said they could not be fair to a man who gained notoriety by raising the price of a life-saving drug more than 5,000 percent. District Judge Kiyo Matsumoto in Brooklyn on Tuesday morning to declare a...

  • The delay put the future of a longtime top Republican priority in doubt amid concerns about the Senate bill from both moderate and conservative Republicans. With Democrats united in their opposition, Republicans need almost every vote among their own ranks in the Senate. At the White House meeting with most of the 52 Republican senators, Trump said it was vital...

  • June 27- With inflation low and wages showing little sign of an upward surge, the U.S. Kashkari asked at an event at Michigan Technological University in Houghton, Michigan, adding that neither wage nor inflation data is giving any sign that the economy is about to overheat and indeed may suggest that there is still some slack in the labor market.

  • *Wave of disruption started in Russia and Ukraine. MOSCOW/ KIEV/ WASHINGTON, June 27- A major global cyber attack on Tuesday disrupted computers at Russia's biggest oil company, Ukrainian banks and multinational firms with a virus similar to the ransomware that last month infected more than 300,000 computers. It included code known as "Eternal Blue," which cyber...

  • NEW YORK— A bankruptcy court filing shows the estates of Wall Street swindler Bernard Madoff's two sons will get to keep nearly $4 million once about $18 million in assets is taken away as part of a legal settlement. The settlement terms were contained in papers filed by a court-appointed trustee Monday in U.S. Bankruptcy Court in New York. The deal leaves Mark...

  • *Nestle to repurchase up to $20.8 billion in shares by June 2020. LONDON/ ZURICH, June 27- Nestle plans to buy back as much as 20 billion Swiss francs worth of shares over three years, it said on Tuesday, days after U.S. activist shareholder Third Point LLC began a campaign to boost performance at the company. The New York- based hedge fund, controlled by billionaire...