Nov 12- Diageo Plc is selling 19 lower-end spirits brands including Seagrams VO Canadian whisky and Goldschlager cinnamon schnapps to U.S.-based Sazerac for $550 million, as it focuses on its premium labels such as Johnnie Walker in the United States. The sale, which also includes whisky brands such as Seagram's 83, Seagram's Five Star and Jamaican rum...
Nov 12- Diageo Plc is selling 19 spirits brands, including Seagrams VO Canadian whisky and cinnamon schnapps Goldschlager, to U.S.-based company Sazerac for $550 million as it focuses on its premium whisky brands such as Johnnie Walker in the United States. Sky News reported...
SHANGHAI, Nov 9- German car maker Volkswagen AG signed what looked like a meaty deal with one of its China joint ventures this week at a huge new trade show in Shanghai to ship almost $9 billion worth of cars and parts to China next year. While the giant import fair is a key part of China's response to growing complaints about its commercial policies, critics said the...
Nov 7- U.S. liquefied natural gas company Tellurian Inc said on Wednesday it expects to start construction on its Driftwood LNG export terminal in Louisiana in the first half of 2019 and begin operations in 2023.. Chief Executive Meg Gentle said in the company's third-quarter earnings that Tellurian will announce partners in the $27.5 billion project by the...
Nov 1- Chuck Wirtz voted for Donald Trump in the 2016 election, inspired by the then-political outsider, but the veteran Iowa hog farmer now has buyer's remorse as the U.S. Wirtz, 56, estimates the tariffs resulting from the U.S. trade war with China and other nations have cost him $200,000 this year and forced the liquidation of part of his farm in northwestern Iowa.
Nov 1- Chuck Wirtz voted for Donald Trump in the 2016 election, inspired by the then-political outsider, but the veteran Iowa hog farmer now has buyer's remorse as the U.S. Wirtz, 56, estimates the tariffs resulting from the U.S. trade war with China and other nations have cost him $200,000 this year and forced the liquidation of part of his farm in northwestern Iowa.
BEIJING, Nov 1- A vessel carrying soybeans from the United States to China changed its destination to South Korea on Thursday, shipping data showed, amid a trade war that has decimated U.S. shipments of the commodity to the world's top oilseed importer. Star Laura was one of only a handful of U.S. soybean cargoes to have set sail for China in recent months, as buyers...
MELBOURNE, Oct 29- Australian-listed LNG Ltd said on Monday it is delaying a final decision on whether to build its Magnolia LNG plant to next year as it has run into problems lining up customers in China, knocking its shares down 28 percent. LNG Ltd had planned to make a final investment decision by the end of 2018 on Magnolia, which would be designed to produce 8...
NEW YORK, Oct 24- Some tech-heavy U.S. fund managers have turned to the once-stodgy payments sector as an alternative to so-called FANG stocks as high-flyers like Facebook Inc and Google parent Alphabet Inc falter. Right now were certainly looking at a test of the past leadership and some of these FANG stocks have gotten ahead of themselves, said Tom Plumb,...
NEW YORK/ BATON ROUGE, La., Oct 23- A three-week stock market sell-off may signal concerns that the massive stimulus from U.S. tax cuts and government spending will fade sooner than expected, a central issue for the Federal Reserve as it considers when to halt interest rate hikes. Yet the sell-off, propelled by worries over rising tariffs and earnings of U.S....
MINNEAPOLIS, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari gives welcome and opening remarks before the "Innovation in Early Childhood Development and K-12 Education" conference hosted by the Federal Reserve Bank of Minneapolis, in Minneapolis, Minn.- 1330 GMT. BATON ROUGE, United States- Federal Reserve Bank of Atlanta President...
MACON, United States- Federal Reserve Bank of Atlanta President Raphael Bostic participates in armchair discussion on the economic outlook, in Macon, Ga.- 1600 GMT. NEW YORK CITY- Federal Reserve Bank of Dallas President Robert Kaplan speaks before Manhattan Institute event, "10 Years After the Crisis: the State of Monetary and Fiscal Policy," in New York- 1645 GMT.
President Donald Trump had in mind, but his trade dispute with China has effectively killed off the burgeoning energy trade between the world's two biggest economies. If China had continued to buy increasing volumes of U.S. crude, LNG and coal, this would have been far more effective at lowering the trade deficit than Trump's chosen path of imposing tariffs on...
EXCLUSIVE- ACADIA HEALTHCARE IN TALKS WITH PRIVATE EQUITY FIRMS AFTER ATTRACTING BUYOUT INTEREST- SOURCES.
President Donald Trump had in mind, but his trade dispute with China has effectively killed off the burgeoning energy trade between the world's two biggest economies. If China had continued to buy increasing volumes of U.S. crude, LNG and coal, this would have been far more effective at lowering the trade deficit than Trump's chosen path of imposing tariffs on...
THURSDAY, OCTOBER 18 MEMPHIS, United States- Federal Reserve Bank of St. Louis President James Bullard gives presentation on the U.S. economy and monetary policy before the Economic Club of Memphis- 1315 GMT. LONDON- Latvian Finance Minister Dana Reizniece-Ozola, Lituanian Finance Minister Migle Tuskiene and Estonian Deputy Secretary-General for Financial...
Oct 12- Volunteer search-and-rescue networks formed during previous flood disasters in Texas and Louisiana sprang into action in Florida this week following Hurricane Michael, providing a boost to authorities hit by electricity and communications outages. That organization, set up in response to deadly flooding that swept the Gulf Coast of Texas after...
**BRUSSELS- ECB chief banking officer Daniele Nouy speaks at the Solvay Schools Alumni Congress "Ethics and Governance"- 1600 GMT. BRUSSELS- European Union banking regulators and supervisors, including ECB's Ignazio Angeloni, EU's Dombrovskis, EBA's Enria and SRB's Koenig, speak in Brussels at the annual conference of the Single Resolution Board- 0915 GMT.
Oct 10- The deepest one-day selloff in Wall Street stocks in eight months has investors using the market equivalent of a dirty word: "correction". Treasury yields and fears of a deepening U.S.- China trade conflict, the benchmark S&P 500 index on Wednesday dropped 3.29 percent, its worst one-day decline since February, bringing its loss to almost 5.0 percent since...
Oct 10- The deepest one-day selloff in Wall Street stocks in eight months has investors using the market equivalent of a dirty word: "correction." Treasury yields and fears of a deepening U.S.- China trade conflict, the benchmark S&P 500 index on Wednesday dropped 3.29 percent, its worst one-day decline since February, bringing its loss to almost 5.0 percent since...
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