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Wires

  • LONDON, April 24- Hedge funds have tempered their bullishness towards crude oil as the short-covering rally that gripped the market since the end of March ran its course. Hedge funds and other money managers increased their net long position in the three major futures and options contracts linked to Brent and WTI by 8 million barrels in the week to April 18.

  • SYDNEY, April 25- U.S. soybeans fell on Tuesday, retreating from a three-week high touched in the previous session after the U.S. Department of Agriculture pegged the pace of planting ahead of market expectations. *The most active Chicago Board Of Trade March soybeans fell 0.2 percent to $9.69-1/ 2 a bushel, having firmed 1.1 percent on Monday when prices hit a high...

  • Holdovers crushed a slew of underwhelming newcomers, including Disney Nature's "Born in China," which opened in sixth place with $4.8 million; the steamy thriller "Unforgettable" that debuted in seventh with $4.8 million; and the costly historical epic "The Promise," which launched in ninth place with only $4.1 million. 2. "The Boss Baby," 20th Century Fox, $12,712,144,...

  • April 25- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. 26- Apr United States Sale of 2- year floating rate notes 26- Apr United States Sale of 5- year notes 26- Apr Italy Bills auction 26- Apr Norway Auction Treasuries 26- Apr Japan 3- month discount bill auction 26- Apr Sweden Auction of...

  • April 25- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. 26- Apr United States Sale of 2- year floating rate notes 26- Apr United States Sale of 5- year notes 26- Apr Italy Bills auction 26- Apr Norway Auction Treasuries 26- Apr Japan 3- month discount bill auction 26- Apr Sweden Auction of...

  • SAO PAULO, April 24- The Spanish and Brazilian governments have teamed up to lay an undersea cable in the Atlantic Ocean to offer fast online and cloud services to citizens of both countries by 2019, underscoring efforts to rout communications outside North America. The cable will also connect the archipelagoes of Madeira, Spain's Canary Islands and Africa's...

  • BRUSSELS- European Central Bank board member Daniele Nouy participates at the ECON Committee Public Hearing in Brussels 0830 GMT. LUXEMBOURG- EU General Affairs Council meeting 0800 GMT. FRANKFURT, Germany- "Frankfurt Finance Summit 2017." STOCKHOLM- Meeting of the executive board of the Riksbank- 0800 GMT.

  • **FRANKFURT- Deutsche Bundesbank Executive Board Member Andreas Dombret speaks in Frankfurt. BRUSSELS- European Central Bank board member Daniele Nouy participates at the ECON Committee Public Hearing in Brussels 0830 GMT. LUXEMBOURG- EU General Affairs Council meeting 0800 GMT.

  • TOKYO, April 25- The Canadian dollar fell 0.4 percent in early Asian trade on Tuesday after U.S. Commerce Secretary Wilbur Ross said his agency will impose new anti-subsidy duties averaging 20 percent on Canadian softwood lumber imports. The Canadian dollar fell to as low as C $1.3555 per U.S. dollar, its lowest level since late December, edging near its December...

  • Speaking to Reuters by phone a day ahead of the expected announcement, Ross said that the duties would affect $5 billion worth of softwood lumber imports from Canada. A Commerce Department fact sheet on the pending announcement seen by Reuters shows that West Fraser Mills will pay the highest duties at 24.12 percent, followed by Canfor Corp at 20.26 percent.

  • LOS ANGELES— Five days after being fired from his top-rated Fox News Channel perch, Bill O'Reilly used a podcast to express his dismay and vowed that "the truth will come out." "I am sad that I'm not on television anymore," he said in an episode Monday of his personal website's " No Spin News" podcast, available only to subscribers after this week's free window. "

  • President Donald Trump pressed Democrats on Monday to include funds for his promised border wall with Mexico in spending legislation as lawmakers worked to avoid a looming shutdown of the federal government. Republicans control both chambers of Congress, but a White House- backed bill to gut former President Barack Obama's Affordable Care Act, popularly...

  • Commerce Secretary Wilbur Ross said on Monday his agency will impose new anti-subsidy duties averaging 20 percent on Canadian softwood lumber imports, a move that escalates long-running trade dispute between the two countries. "There are several different layers of duty each for a different company, but it averages 20 percent," Ross told Reuters by telephone.

  • Arconic announced on Monday that after last week's resignation of its chief executive and chairman, Klaus Kleinfeld, it was postponing its annual meeting from May 16 to an unspecified day at the end of the month. Kleinfeld resigned after sending a letter to Elliott founder Paul Singer this month that Arconic's board did not approve and that the hedge fund...

  • TOKYO, April 25- Japan's growing labor shortage threatens the nation's ubiquitous convenience stores, whose business model relies on an army of part-timers packing bento lunch boxes, manning cash registers and delivering goods 24/ 7.. The big three "combini" operators 7- Eleven, FamilyMart and Lawson, which have expanded through Japan's long slump, are...

  • SHANGHAI/ PARIS, April 25- When China unveiled an historic order for its first large commercial jetliner at a national air show in 2010, Western journalists were kept away, and only local media were allowed to witness a major turning point in China's aviation ambitions. "They will be trying to compete on price against people who are building aircraft at a much...

  • The U.S. Federal Communications Commission barred merger talks among telecommunications companies for over a year as it conducted a $19.8 billion auction of airwaves from broadcasters for wireless use. T-Mobile, the largest winner with an $8 billion bid, is widely expected to be one of the first to have such discussions. "The inorganic and organic...

  • MONTREAL April 24- Canadian National Railway Co on Monday reported an 8 percent increase in quarterly revenue as the railroad moved record volumes, boosted by grain, frac sand and coal. Canada's largest railroad also approved a quarterly dividend and said total carloads rose 9 percent in the first quarter ended March 31, although rail freight revenue per...

  • April 24- Pharmacy benefit manager Express Scripts Holding Co said Anthem Inc, its biggest customer and one that has sued the company over claims of being overcharged, was unlikely to renew its contract after it ends in 2019.. "While the headline that Anthem is leaving Express Scripts is in of itself not surprising, the timing is highly unexpected," Evercore ISI...