Wires

More

  • CHICAGO, April 29- Chicago Board of Trade soybean futures weakened on Friday, weighed down by some end-of-month profit-taking as well as signs that supplies on the cash market remained ample, traders said. CME Group on Thursday evening reported 527 deliveries against the expiring CBOT May soybean contract. At 10:50 a.m. CDT, CBOT July soybeans were down 1-1/ 2...

  • Shipments from Argentina will also battle for business against Brazil's sizable safrinha crop in the months ahead. The U.S. Department of Agriculture says corn planting in Argentina is expected to shoot to 4.2 million hectares in the 2016/ 17 season, compared to 3.2 million hectares in the 2015/ 16 crop year. The USDA's office in Argentina forecasts 2016/ 17 corn...

  • HOUSTON— The Texas Supreme Court has blocked Houston from enforcing tougher clean-air laws over the hub of industrial pollution that makes it one of the smoggiest cities in the U.S. Ordinances passed in Houston, where Democrats control the city government, included requiring polluters to register with the city and face potential fines.

  • *Mozambique could benefit from partner with strong skillset. *Expects payment delays in Venezuela. MILAN, April 29- Italy's Eni is well on track to sell assets worth 5 billion euros in the next two years as the oil major looks for resources to fund high-profile projects in Egypt and Mozambique and offset the impact of lower oil prices.

  • LONDON— The eurozone economy has grown back to the size it was back in 2008, according to new figures. Here is a look at some other key indicators for the 19- country bloc, its best- and worst-off member states, and other major economies. Treasury, Japan's ministry of finance.

  • SAN JUAN, Puerto Rico— Puerto Rico's governor says the U.S. territory is bracing for multiple lawsuits as a major default over a bond payment looms. Alejandro Garcia Padilla says he hopes judges take Puerto Rico's economic and humanitarian crisis into account when ruling on the anticipated lawsuits. U.S. legislators have delayed approving a bill that would...

  • SAO PAULO, April 29- Brazilian planemaker Embraer SA assured investors that its business jet division should return to profitability this year after sharp discounting dented first-quarter profits, dragging shares to their lowest in nearly two years. Embraer reported a first-quarter profit of $104 million in a Friday securities filing, reversing a net loss...

  • ATLANTA, April 29- Delta Air Lines Inc sees opportunities for the airlines in which it owns equity stakes to cooperate more in the next five years, Delta's incoming Chief Executive Ed Bastian told reporters in Atlanta on Friday. Delta's incoming President Glen Hauenstein later told reporters sitting on one of the airline's widebody aircraft in Atlanta that...

  • *U.S., Europe stocks fall on disappointing earnings. NEW YORK, April 29- The yen hit an 18- month high on Friday as investors bet the Bank of Japan might be done adding fresh stimulus to the economy, while stocks in Europe and Wall Street headed lower as earnings failed to inspire higher valuations. U.S. equities fell about 0.7 percent, following declines in Europe...

  • WASHINGTON, April 29- The U.S. Supreme Court on Friday rejected a bid to block a controversial Texas law that requires voters to show identification before voting, meaning it is likely to be in effect during this year's elections. The court denied a request filed by opponents of the law, including individual Texas voters, who say the law is not needed and...

  • OSLO, Norway— Norwegian Aviation Authority bans all helicopters like one that crashed near Bergen from flying.

  • The U.S. Court of Appeals for the District of Columbia Circuit struck down parts of a 2008 law called the Passenger Rail Investment and Improvement Act, saying it violates the due process rights of freight carriers. Judge Janice Rogers Brown wrote on behalf of the unanimous three-judge panel that "there are limits to how far Congress may go to ensure Amtrak's...

  • MIDDLEBURG, Va. _ Middleburg Financial Corp. on Friday reported first-quarter earnings of $2.1 million. Middleburg Financial shares have climbed 49 percent since the beginning of the year. Keywords: Middleburg Financial, Earnings Report.

  • NEW YORK— Whole Foods is prepping for the launch of its hipster new grocery chain. But Jeff Turnas, president of 365 at Whole Foods, said in an interview this week that there are no plans for tattoo parlors to date, and that he doubts that there will be. Even if a tattoo parlor isn't likely, Turnas said the idea reflects the culture of Whole Foods employees.

  • TORONTO, April 29- Canada reported a modest budget surplus of C $3.2 billion in February, the federal government said on Friday. The surplus was C $7.5 billion, compared to a surplus of C $5.9 billion reported for the same period of 2014-15.. Canada's new Liberal government said on March 22 that in a bid to revive growth it would run deficits for several years.

  • In a story April 28 about an Abbott Laboratories plan to buy St. Jude Medical, The Associated Press reported erroneously the deal's value. Abbott Laboratories will spend $25 billion to buy St. Jude Medical, not $19.3 billion. Abbott Labs to spend $25 billion to buy St. Jude Medical.

  • ANKARA, April 29- Turkey's central bank will promote the head of its markets division to deputy governor, officials told Reuters on Friday, elevating another banker with Islamic finance credentials to its policy-setting committee. Like his new boss, Kilimci is a 40- year-old graduate of the political science and international relations department of the...

  • Empresas Polar, the largest private company in Venezuela, had warned it would end production on Friday because President Nicolas Maduro's socialist government was refusing to release it dollars to import malted barley under strict exchange controls. Polar makes about 80 percent of the beer consumed in Venezuela. Maduro's government often accuses Polar of...

  • Imperial's net loss was C $101 million, or 12 Canadian cents per share, in the first quarter ended March 31, compared with net income of C $421 million, or 50 Canadian cents per share, a year earlier. Imperial shares were last down 0.2 percent on the Toronto Stock Exchange at C $41.97 following the slight miss on market expectations. "The key differences relative to our...

  • WASHINGTON— President Barack Obama announced new steps Friday to help curb gun violence, including by identifying the requirements that "smart guns" would have to meet for law enforcement agencies to buy and use them as well as sharing mental health records with the federal background check system. Smart guns use various technologies to prevent an accidental...