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Wires

  • March 22- U.S. wireless carriers Verizon Communications Inc and AT&T Inc said on Wednesday they have suspended digital advertising on Google's YouTube and other advertising platforms not related to search over concerns that their ads may have run next to extremist videos. Google is under fire in Europe from politicians and brands angered by ads appearing...

  • SINGAPORE, March 23- Oil prices on Thursday recovered from losses chalked up the session before, but the market remains under pressure as bloated U.S. crude inventories and rising output dampen OPEC- led efforts to curb global production. In the United States, West Texas Intermediate crude futures were up 33 cents at $48.38 a barrel, after testing support at $47 a...

  • *Dollar/yen limps up after posting 7 straight days of losses. *Wariness towards Trump's struggle with Obamacare limits gains. TOKYO, March 23- The dollar nudged up from four-month lows against the yen early on Thursday, although U.S.

  • LA PAZ, March 22- Dozens of German companies including Siemens attended meetings in Bolivia this week to discuss building a coast-to-coast railway through Brazil, Bolivia and Peru that could speed up the export of corn and soybeans to Asia, German and Bolivian officials said on Wednesday. Representatives from Brazil, Peru, Paraguay, Uruguay and Bolivia as well...

  • The company also told Peru's market regulator that its mine Cerro Lindo has not been affected by the extreme weather, which has killed more than 70 people and downed a railway used by miners in central Peru to transport their concentrates to port.

  • OTTAWA, March 22- The new national budget unveiled Wednesday by Canadian Prime Minister Justin Trudeau's Liberal government took aim at ride-sharing providers such as Uber Technologies Inc, looking to end a tax advantage they have over traditional taxi companies. The budget statement said Trudeau's government plans to amend Canada's Excise Tax Act to...

  • WASHINGTON— The conservative Koch network is promising to spend millions of dollars to defeat the health care overhaul backed by President Donald Trump and top House Republicans. "The bill as it stands today is Obamacare 2.0," said James Davis, executive vice president of Freedom Partners, in a statement announcing the new fund. The organizations backed by...

  • The bank's newly separated high street lender HSBC UK is set to open its headquarters in a 10 storey office block in the city in the heart of Britain's Midlands region in January 2018. "More than 40 percent of the head office roles we are moving from London to Birmingham are now accounted for and we're recruiting internally and externally for the remaining roles,"...

  • LONDON, March 23- Britain has awarded 25 licences for oil and gas exploration in previously untapped waters and announced a new licensing round for mature areas to be held in late May or June, the Oil and Gas Authority said on Thursday. Despite being an old basin, Britain's North Sea is estimated to have billions of barrels of oil left for extraction, worth around 200...

  • LONDON, March 23- Britain has awarded 25 licenses for oil and gas exploration in previously untapped waters and announced a new licensing round for mature areas to be held in late May or June, the Oil and Gas Authority said on Thursday. Despite being an old basin, Britain's North Sea is estimated to have billions of barrels of oil left for extraction, worth around 200...

  • LA PAZ, March 22- Dozens of German companies attended meetings in Bolivia this week to discuss building a coast-to-coast railway through Brazil, Bolivia and Peru that could speed up the export of corn and soybeans to Asia, German and Bolivian officials said on Wednesday. Representatives from Brazil, Peru, Paraguay, Uruguay and Bolivia as well as Germany and...

  • CARACAS/ PUNTO FIJO, Venezuela, March 22- G rumbling Venezuelans were lining up for scarce gasoline across the OPEC nation on Wednesday, due to mounting oil industry woes in the country with the world's largest crude reserves. Venezuela, which also has the world's cheapest gasoline, has wrestled with intermittent gasoline shortages in recent months, especially...

  • VIENNA- European Central Bank Board Member Sabine Lautenschlager will participate in strategy panel "CROs im Dialog mit Spitzenvertretern der Aufsicht, Notenbank und Politik" at 25. BRUSSELS- European Central Bank Board Member Daniele Nouy will deliver an introductory statement on the occasion of the presentation of the ECB Annual Report on supervisory...

  • VIENNA- European Central Bank Board Member Sabine Lautenschlager will participate in strategy panel "CROs im Dialog mit Spitzenvertretern der Aufsicht, Notenbank und Politik" at 25. BRUSSELS- European Central Bank Board Member Daniele Nouy will deliver an introductory statement on the occasion of the presentation of the ECB Annual Report on supervisory...

  • CALGARY, Alberta, March 22- The oil-rich Canadian province of Alberta has obtained federal aid to help clean up the rising number of oil wells whose owners have gone bankrupt, the province's premier said after the release of the federal budget on Wednesday. The budget allocated C $30 million to Alberta to stimulate economic activity and employment in the...

  • Shares of the company closed down 12.3 percent at $7.98 on the Nasdaq. The managing director of a Bangladesh- based textile firm said his company is using only a handful of its production lines to manufacture products for Sears' 2017 holiday sales. Mark Cohen, the former chief executive of Sears Canada and director of retail studies at Columbia Business School in...

  • March 22- A lawyer defending Las Vegas sports gambler William "Billy" Walters against insider trading charges on Wednesday sought to discredit former Dean Foods Chairman Tom Davis, who told jurors he used a special "bat phone" to give Walters confidential tips. Lawyer Barry Berke's cross-examination, which began on the fourth day of trial in Manhattan federal...

  • NEW YORK, March 22- Starting on Monday, Wells Fargo& Co depositors can withdraw money using a smartphone at any branded ATM, the latest sign of U.S. lenders moving away from traditional brick-and-mortar banking. Jonathan Velline, Wells Fargo's head of ATM and store strategy, said that the San Francisco- based bank decided to apply the smartphone technology to all of...

  • *Canadian dollar at C $1.3334 or 75.00 U.S. cents. Canada's Liberal government's budget contained few surprises, in line with expectations that Ottawa wants to wait to see what impact U.S. trading at C $1.3334 to the greenback, or 75.00 U.S. cents, little changed from the Bank of Canada's official close of C $1.3327, or 75.03 U.S. cents.

  • SAO PAULO, March 22- Oi SA, the Brazilian phone carrier currently under bankruptcy protection, posted a narrower net loss in the fourth quarter due to cost cutting and lower financial expenses. The indicator was mainly affected by an asset impairment related to Oi's Africa- based investments. Capital spending rose 28 percent, part of Chief Executive Marco...