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  • PARIS, June 23- Russian military aviation firm MiG said on Friday it was ready to deepen its cooperation with India, just days after U.S. arms maker Lockheed Martin Corp agreed with Tata Advanced Systems to build F-16 fighters there. India's air force needs hundreds of aircraft to replace its Soviet-era fleet, but Prime Minister Narendra Modi's government has...

  • *Energy, housing stocks help lift Wall Street. NEW YORK, June 23- World stocks advanced on Friday and were on track to end the week with a slight gain as a drop in the dollar helped boost slumping oil prices. U.S. crude rose 0.58 percent to $42.99 per barrel and Brent was last at $45.50, up 0.62 percent on the day.

  • *Many U.S. shale drillers profitable at $40/ barrel- Cenkos. NEW YORK, June 23- Oil futures edged higher on Friday with a lift from a weaker dollar but remained down for a fifth week in a row and close to a 10- month low as OPEC- led production cuts have failed to substantially reduce a global crude glut. Brent futures were up 15 cents, or 0.3 percent, at $45.37 a barrel by...

  • LIMA, June 23- Peru's Prime Minister Fernando Zavala was sworn in as finance minister on Friday, taking on the task of reviving the faltering economy and defusing conflict with the rightwing opposition that toppled the outgoing finance minister. The cabinet shuffle caps weeks of mounting friction with the opposition-controlled Congress that delivered a...

  • MEXICO CITY, June 23- Argentine online marketplace Mercado Libre Inc plans to provide working-capital loans to entrepreneurs in Brazil and Mexico this year, expanding on a program the company launched in its homeland last month. Sellers using Mercado Libre and its Mercado Pago payment platform will be eligible for loans equivalent to as much as two months of...

  • CHICAGO, June 23- MGEX spring wheat futures surged to a 2-1/ 2 year high on Friday and Chicago Board of Trade corn futures dipped to a six-month low in technically driven trade amid an outlook for generally favorable U.S. crop weather, traders said. Soybean futures touched the lowest levels in more than a year as dealers squared positions ahead of the weekend and a...

  • NASHVILLE, Tenn. June 23- The Federal Reserve should wait on any further rate increases until it is clear inflation is reliably heading to the Fed's 2 percent target, St. Louis Fed President James Bullard said on Friday, highlighting the central bank's struggle over how to weigh a recent slip in the rate of price increases. Even policy proposals that survive...

  • WASHINGTON— The Trump administration is set to authorize the sale of unarmed surveillance drones to India, a congressional aide and industry representative said Friday, as the two nations' leaders prepare for their first face-to-face meeting. India initiated its request to buy 22 Guardian unmanned aircraft for maritime surveillance last year.

  • June 23- Brazil's top federal prosecutor will level corruption charges against President Michel Temer one at a time instead of making all the accusations at once, a strategy aimed at weakening his defense, a source with direct knowledge of the process told Reuters on Friday. Under Brazilian law, any criminal charges against a sitting president must be approved...

  • SAO PAULO, June 23- Brazil's agriculture minister prepared to travel to the United States on Friday to fight a ban on imports of fresh Brazilian beef, which hit shares of local meatpackers and revived concerns about the image of the world's largest beef exporter. The U.S. Department of Agriculture's ban dealt a setback to Brazil's recently opened fresh beef...

  • More than 100,000 office chairs are being recalled because of faulty legs. They were sold at Staples stores nationwide and online at staples.com, staplesadvantage.com and quill.com from October 2014 through April 2017. FOR MORE: Call Staples at 866-755-1321 from 8 a.m. to 8 p.m. ET Monday through Friday, or register at www.seatingrecall123.com, or go to...

  • *Nasdaq on track to post first weekly gain in 3 weeks. *Oil bounces off multi-month lows. June 23- U.S. stocks were higher in early afternoon trading on Friday, with the Nasdaq set to post its first weekly gain in three weeks, helped by gains in technology stocks and a rebound in oil prices.

  • on a lift from a falling dollar but remained down for a fifth week in a row and close to a 10- month low as OPEC- led production cuts have failed to reduce a global crude glut. After agreeing in December to cut production by around 1.8 million barrels per day from January-June, OPEC and other producers in late May agreed to extend those cuts for another nine months...

  • JACKSON, N.J.— A lawsuit seeking to block a Six Flags theme park in New Jersey from cutting down nearly 15,000 trees to make way for a solar farm to power the park has been dismissed. A Superior Court judge said in a ruling Monday that the local governing boards in deciding to approve the project proposed by Six Flags Great Adventure and KDC Solar could weigh the...

  • June 23- Goldman Sachs Group Inc's global head of equity capital markets, Stephen Pierce, has decided to retire from the role, effective July 1, after 31 years with the Wall Street bank, the company said in a memo. Pierce joined the firm as a corporate finance analyst in 1984 after graduating from Stanford and was part of the team that took the firm public in 1999..

  • NEW YORK, June 23- Heading into second-quarter earnings season, investors are looking for a continuation of strong U.S. company results to justify high stock valuations, now trading near their loftiest levels since 2004.. "A lot of the expectation for a recovery in earnings is predicated on oil prices being around $47- $50 a barrel," said Hugh Johnson, chief...

  • WASHINGTON, June 23- Automakers are using tiny cameras, sensors to track drooping heads, steering wheel monitors and audible alerts to ensure drivers pay attention when using advanced driver assistance systems, like Teslas Autopilot, that allow drivers to take their hands off the wheel. In a report this week on the May 2016 crash of a Tesla Inc Model S that killed a...

  • SAO PAULO— Brazil's agriculture minister says he will travel to the United States to try to reverse the American ban of beef imports from Latin America's biggest country. The U.S. statement said suspension will remain in place until Brazil takes corrective action. Maggi said Brazil will fight for the U.S. market and that he plans to head a mission to the United...

  • June 23- A U.S. jury on Friday ordered Syngenta AG to pay $217.7 million to more than 7,000 Kansas farmers over its decision to commercialize a genetically modified strain of corn before China approved importing it. The verdict by a federal jury in Kansas City, Kansas, was announced by lawyers for the farmers, who blamed the Swiss company for causing catastrophic...

  • >Boeing wins Paris order race with new model. >Europe faces Herculean task for new fighter jet. >Threats, NATO demands underpin global arms demand.