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  • LITTLE ROCK, Ark.— Attorneys for cigarette smokers and for tobacco manufacturer Philip Morris USA have agreed to a $45 million settlement of a lawsuit over the marketing of Marlboro Lights in Arkansas. The settlement was submitted to Pulaski County Circuit Judge Tim Fox on Friday, three days before the start of an estimated six-week trial in a class-action...

  • PIPE, Wis.— Wisconsin has long been as one of the nation's leaders in cow dairies, farm after pastoral farm tucked into the state's rolling hills. That distinction will only stand to increase when two of the largest goat dairies in the world soon begin operating in northeast Wisconsin. "We're competing in our farm here in Pipe, Wisconsin, with the world," Larry Hedrich...

  • The plan by France's EDF to build two new reactors with financial backing from a Chinese state-owned firm was championed by May's predecessor David Cameron as a sign of Britain's openness to foreign investment. But just hours before a signing ceremony was due to take place on Friday, May's new government said it would review the project again, raising doubts...

  • AMSTERDAM— Amsterdam's Schiphol Airport has suddenly boosted its security in a move authorities there have linked to the "national threat level," snarling traffic as military police check cars coming to drop passengers off. An employee working at the airport told The Associated Press the move followed an unspecified threat. Saturday is one of the busiest days...

  • MILAN— The head of the Italian Banking Association says that the European stress test has restored credibility to the nation's banking sector. Italian Banking Association President Antonio Patuelli said Saturday that "the credibility of Italian banks has been reinforced," but he called for continued reforms in the sector. Monte Paschi sought to get ahead of...

  • LONDON, July 30- Theresa May was unhappy with the "gung-ho" approach her predecessor took to Chinese investment in Britain, a former colleague said on Saturday, after the new British prime minister cast into doubt a high-profile Chinese-funded nuclear project. Britain had been due to sign off on Friday on a plan by France's EDF to build two new reactors at Hinkley...

  • BUCHAREST, Romania— Some 100 military and civilian airplanes and helicopters from nine countries have begun daring air exercises at an airshow in the Romanian capital. Organizers have promised air acrobatics, audacious air displays and parachute jumps from 250 pilots from Romania, the U.S., Greece, Spain, Austria, the Czech Republic, Bulgaria, Lithuania and...

  • MOGADISHU, July 30- Barely 12 hours after a failed coup in Turkey, Somalia's cabinet met in Mogadishu to consider a request from Ankara to shut down two schools and a hospital linked to Fethullah Gulen, the Muslim cleric Turkey blames for the attempted putsch. Turkey's ties with Somalia are well established. Turkey was a major contributor to the humanitarian aid...

  • MIAMI— There's no official warning to stay clear of Florida, but the crowds that usually wander among the bold street murals in Miami's trendy Wynwood arts district may be thinner after reports that mosquitoes in the area have spread the Zika virus on the U.S. mainland for the first time. But some Miami residents said Friday they were stocking up on mosquito...

  • LONDON, July 29- Banks from Italy, Ireland, Spain and Austria fared worst in the latest European Union stress test, which the region's banking watchdog said on Friday showed there was still work to do in order to boost credit to the bloc's economy. "While a number of individual banks have clearly fared badly, the overall finding of the European Banking Authority- that...

  • LONDON, July 29- Banks from Italy, Ireland, Spain and Austria fared worst in the latest European Union stress test, which the region's banking watchdog said on Friday showed there was still work to do in order to boost credit to the bloc's economy. "While a number of individual banks have clearly fared badly, the overall finding of the European Banking Authority- that...

  • WASHINGTON— Officials say a computer service used by the campaign of Hillary Clinton was hacked as part of a broader breach of the Democratic National Committee, an intrusion for which the Russian government remains the leading suspect. The FBI is investigating a hack at the DNC that resulted in the posting last week of embarrassing internal communications...

  • SHANGHAI, July 30- China General Nuclear Power Corp on Saturday said it respects the decision of the new British government to review a nuclear power project in which it would hold a major stake, according to a statement on the company's official microblog. China's foreign ministry did not answer questions faxed by Reuters, referring further questions to...

  • HONG KONG, July 30- Fosun Group said on Saturday it has agreed to buy Brazilian fund manager Rio Bravo Investimentos, in the Chinese conglomerate's first acquisition in Latin America. Fosun did not disclose the value of the deal, but said in a statement that it expects to take advantage of the "exceptional period of change and economic renewal" taking place not only...

  • SHANGHAI, July 30- The European Commission's imposition of heavy anti-dumping duties on Chinese steel bars is "unjustifiable protection for the EU steel industry," the official Xinhua news agency reported, citing a statement from the Ministry of Commerce. China's steel industry, swamped in overcapacity yet a major employer, has struggled to meet capacity...

  • Goldman received the subpoenas earlier this year from the U.S. Department of Justice and the Securities and Exchange Commission, the Journal reported, citing a person familiar with the matter. http://on.wsj.com/2axt8L8. The Department of Justice and the SEC declined to comment. 1 MDB, which was founded by Malaysian Prime Minister Najib Razak in 2009 shortly...

  • BEIJING— Beijing has criticized new European tariffs on Chinese steel as "unjustifiable" protectionism coming just weeks after commerce ministers from G20 nations pledged to promote free trade. Trade disputes over steel have been a point of contention in G20 talks hosted this year by China. China has denied the accusations and said it is working to cut...

  • Britain's Financial Conduct Authority and the China Securities Regulatory Commission are cooperating on a regulatory framework for a scheme for distributing fund products in each other's jurisdiction and a proposed London- Shanghai link for trading shares, two people with direct knowledge of the matter said. Britain, home to the EU's biggest finance...

  • The British government announced on Friday it would review the Hinkley Point C project just hours after the builder, French state-owned utility EDF, voted to approve it, delaying a final decision on the plan just weeks after Britain's vote to leave the European Union ushered in a new prime minister. The Hinkley Point reactor project, which would provide an...

  • July 29- U.S. authorities have issued subpoenas to Goldman Sachs Group Inc for documents related to the bank's dealings with scandal-hit Malaysian state fund 1 MDB, the Wall Street Journal reported late on Friday. Goldman received the subpoenas earlier this year from the U.S. Department of Justice and the Securities and Exchange Commission, the Journal...