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Wires

  • ALBUQUERQUE, N.M.— A private jet once owned by Elvis Presley has been auctioned after sitting on a runway in New Mexico for 35 years. The plane sold for $430,000 on Saturday at a California event featuring celebrity memorabilia, GWS Auctions Inc. said. Roy McKay told KOB-TV in Albuquerque he designed the interior himself.

  • Output for the quarter from the world's second-biggest gold mining nation after China totaled 71.5 tonnes versus 77.5 tonnes in the previous quarter, according to the survey by Australian mining consultancy Surbiton Associates. "This year heavy rain in Western Australia, which accounts for about three-quarters of Australias gold output, plus the effects...

  • The measures are aimed at rebooting the South Korean firm's branding in China, where many see Hyundai as a lower-end maker of city taxis. Hyundai and its affiliate Kia Motors were not long ago ranked third among foreign car brands in China, but recent sales have been hit by a consumer backlash over South Korea's deployment of a U.S. anti-missile defence system...

  • OTTAWA, May 27- Canada's official opposition Conservatives on Saturday chose a little-known, 38- year-old leader to fight a 2019 election against Liberal Prime Minister Justin Trudeau but only after a fierce contest that revealed internal divisions. On the 13th and final round of balloting, many more than political observers predicted, former House of...

  • The White House did not immediately respond to a request for comment. he tweeted on the final day of a Group of Seven summit in Italy at which he refused to bow to pressure from allies to back the landmark 2015 agreement. The summit of G7 wealthy nations pitted Trump against the leaders of Germany, France, Britain, Italy, Canada and Japan on several issues, with...

  • OTTAWA, May 27- Canada's official opposition Conservatives on Saturday chose a new leader to take them into a 2019 election against Liberal Prime Minister Justin Trudeau but only after a fierce contest that revealed internal divisions.

  • OTTAWA, May 27- Canada's official opposition Conservative Party is set to elect a new leader on Saturday, seeking to regroup and re-brand itself as it gears up for the 2019 election race against Prime Minister Justin Trudeau's still-popular Liberals. But three mainstream politicians have emerged as front-runners, suggesting the wave of populism that swept...

  • The Fresno County Sheriff's Office says that the parents of ride-hailing company Uber's CEO were riding a boat on Pine Flat Lake when it hit a rock and sank. Uber identified the couple as Bonnie and Donald Kalanick, the parents of Uber CEO Travis Kalanick. Bonnie Kalanick, the mother of Uber CEO Travis Kalanick, has died in a boating accident.

  • FRESNO, Calif.— The mother of the CEO of the ride-hailing company Uber died in a boat accident Friday evening in Fresno County, the company said. Bonnie Kalanick, 71, died after the boat she and her husband, Donald, 78, were riding hit a rock in Pine Flat Lake in the eastern part of the county, authorities said. Bonnie Kalanick died at the scene, and her husband suffered...

  • ALBUQUERQUE, N.M.— A private jet once owned by Elvis Presley has been auctioned after sitting on a runway in New Mexico for 35 years. The plane sold for $430,000 on Saturday at an Agoura Hills, California, event featuring celebrity memorabilia, GWS Auctions Inc. said. Roy McKay told KOB-TV in Albuquerque on Tuesday he designed the interior himself.

  • LIMA, May 27- The financial arm of the World Bank is considering issuing about $2 billion in bonds to finance environmentally friendly projects in Peru, the nation's economy minister said on Saturday. The International Finance Corporation, an arm of the World Bank, "is thinking of doing an emission of green bonds here, and that's going to give us $2 billion, more or...

  • MUMBAI, May 27- Indian mobile phone network operator Reliance Communications Ltd posted its second straight quarterly loss on Saturday, hit by the price war which has broken out in the world's second-biggest mobile market by number of users. Reliance Communications, controlled by billionaire Anil Ambani, said on Saturday it made a consolidated net loss of...

  • May 27- General Motors Co said on Saturday that proxy advisory firm Institutional Shareholder Services has recommended that shareholders vote against a slate of directors proposed by hedge fund Greenlight Capital and reject the hedge fund's plan to divide GM shares into two classes. The advice from ISS is a setback for Greenlight and its manager David...

  • *G7 leaders agree on Russia, Syria, North Korea. TAORMINA, Italy, May 27- Under pressure from Group of Seven allies, U.S. The summit of G7 wealthy nations pitted Trump against the leaders of Germany, France, Britain, Italy, Canada and Japan on several issues, with European diplomats frustrated at having to revisit questions they had hoped were long settled.

  • MUMBAI, May 27- Canada's Fairfax Financial Holdings plans to sell a 12.2 percent stake in its Indian joint venture insurer ICICI Lombard in a deal that will value the company at 203 billion rupees, the Indian company said on Saturday. Red Bloom Investment Ltd, a company wholly owned by private equity investment funds managed by Warburg Pincus, is buying a 9 percent...

  • SACRAMENTO, Calif.— California Democrats are expanding their efforts to resist President Donald Trump's crackdown on immigrants in the country illegally with bills aimed at limiting how much private businesses can cooperate with federal immigration authorities. Ann Morse, who tracks immigration bills for the National Conference of State Legislatures,...

  • Local leaders in Austin, the conservative state's most liberal city, argued unsuccessfully that its tech-driven economy was uniquely positioned to launch capable alternatives that could fill the gap. "Austin is an incubator for technology and entrepreneurship, and we are excited to be back in the mix," Uber spokesman Travis Considine said Thursday.

  • COLUMBUS, Ohio— A federal agency has told a company building a high-pressure natural gas pipeline it cannot resume drilling beneath creeks in southeast Ohio and northern West Virginia. The Columbus Dispatch reports the Federal Energy Regulatory Commission on Thursday rejected Texas- based Energy Transfers' request to resume horizontal drilling.

  • MEDORA, N.D.— When Meridian Energy Group set out to develop "the cleanest refinery on the planet," it chose a spot in western North Dakota's oil patch near highways, railroads and a picturesque national park named for a former president revered for his conservation advocacy. Now the longtime former leader of Theodore Roosevelt National Park, the state's top...

  • BEIJING, May 27- China's securities markets regulator published rules on Saturday aimed at preventing major shareholders of listed companies from reducing their holdings in an "intensive, massive and disorderly" manner that "disturbed market order and dented investor confidence," according to a statement on its website. The China Securities Regulatory...