Top News & Analysis North America

  • LIMA, Nov 14- For most of this year, Walter Aduviri, the governor-elect of Peru's Andean region of Puno, had been a fugitive. The indigenous activist, 38, went into hiding after losing a sedition trial last year over deadly protests he led against Canadian mining company Bear Creek in 2011.. In his first interview with foreign media since his victory, Aduviri- who will...

  • WASHINGTON, Nov 14- European Union Trade Commissioner Cecilia Malmstrom said on Wednesday that the EU has a list of potential retaliation targets ready in case U.S. Malmstrom also said that the EU is willing to negotiate a limited trade deal on industrial goods, including autos, that seeks to bring tariff rates to zero for both the United States and Europe.

  • Federal Reserve Today in Washington. 15- Nov United Kingdom Auction of 1 3/ 4% Treasury Gilt 2037 15- Nov Japan Auction of 5- year government bonds 16- Nov Japan 3- month discount bill auction 19- Nov Japan 1- year discount bill auction 19- Nov Belgium OLO Auction 19- Nov Netherlands DTC Auction 20- Nov United Kingdom Auction of 0 1/ 8% Index-linked Treasury Gilt...

  • FRANKFURT- EURO FINANCE WEEK is the largest meeting of the banking and finance industry in Europe with more than 4,000 visitors and more than 20 specialist conferences and networking events. LONDON- Bank of England hosts "2nd conference on Forecasting at Central Banks" at 20 Moorgate Auditorium, London. LONDON- Bank of England MPC memeber Silvana Tenreyro...

  • Nov 14- Warren Buffett's Berkshire Hathaway Inc deepened its commitment to the U.S. financial industry, announcing a $4.02 billion stake in JPMorgan Chase& Co and new investments in PNC Financial Services Group Inc and Travelers Companies Inc, plus a stake in Oracle Corp. The investments were disclosed in a Wednesday regulatory filing detailing Berkshire's...

  • WASHINGTON, Nov 14- A U.S. congressional commission said on Wednesday that China appears to have relaxed enforcement of sanctions on North Korea and called on the Treasury Department to provide a report on Chinese compliance within 180 days. The bipartisan commission said China had appeared to enforce sanctions on North Korea more thoroughly than in the past...

  • MEXICO CITY, Nov 14- Cornershop, a Latin American grocery delivery app being acquired by Walmart, plans to expand into Canada early next year as a test market for the United States, an executive for the three-year-old mobile app said. Walmart is buying Cornershop, which offers deliveries in Mexico and Chile, for $225 million. If Canada is successful overall,...

  • Nov 14- Grocery delivery startup Instacart raised an extra $271 million in November from investors including U.S. hedge fund Tiger Global Management, bringing its latest round of fund raising to $871 million, a source familiar with the matter told Reuters. The San-Francisco- based startup announced last month it had raised $600 million in a new round led by D1...

  • Nov 14- Warren Buffett's Berkshire Hathaway Inc has deepened its commitment to the U.S. financial industry, announcing new stakes in JPMorgan Chase& Co, PNC Financial Services Group Inc and Travelers Companiess Inc, plus a stake in Oracle Corp.. The investments were disclosed in a Wednesday regulatory filing detailing Berkshire's U.S.-listed stocks as of...

  • NEW YORK, Nov 14- Paulson& Co, led by longtime gold bull John Paulson, kept its stake in gold investments during the third quarter of 2018 while other heavyweights including Soros Fund Management LLC, Jana Partners LLC and Caxton Corp remained unexposed to the metal. Paulson left its interest in SPDR Gold Trust unchanged at 4.3 million shares for the third quarter,...

  • NEW YORK, Nov 14- Increased regulation of U.S. technology companies is one of the biggest risks to a sector that has led stocks higher, potentially derailing the market's near-decade-long bull run if it suffers a sustained selloff. Speaking at the Reuters Global Investment 2019 Outlook Summit in New York, Pacific Investment Management Co Global Economic...

  • Nov 14- PG&E Corp, the electricity provider in the northern California region ravaged by a deadly wildfire, warned that it could face "significant liability" in excess of its insurance coverage if its equipment caused the blaze, sending its shares and bonds sharply lower. The developments triggered fresh pressure on PG&E's shares, and, for the first time since the...

  • MEXICO CITY, Nov 14- Cornershop, a Latin American grocery delivery app being acquired by Walmart, plans to expand into Canada early next year as a test market for the United States, an executive for the three-year-old mobile app said. Walmart is buying Cornershop, which offers deliveries in Mexico and Chile, for $225 million. If Canada is successful overall,...

  • NEW YORK, Nov 14- Several prominent investors put fresh money to work in Apple during the third quarter even as they sold out of other high-flying tech companies, betting the iPhone maker's stock would keep rising as strong growth overshadowed rising trade tensions between the United States and China. Philippe Laffont's Coatue Management made a big bet by...

  • NEW YORK, Nov 14- Oil rose about 1 percent on Wednesday, recouping some of the previous session's heavy sell-off, on growing prospects that the Organization of the Petroleum Exporting Countries and allied producers would cut output at a meeting next month to prop up prices. After a record 12 straight days of losses and the steepest one-day loss in more than three...

  • NetApp said it expected revenue of between $1.55 billion and $1.65 billion in the third quarter, the mid-point of which was in line with analysts' average estimate, according to IBES data from Refinitiv. The Sunnyvale, California- based company's shares, which have gained 41 percent this year, were down at $73.89 in extended trading. The company's net income...

  • Nov 14- PG&E Corp, the electricity provider in the northern California region ravaged by a deadly wildfire, warned that it could face "significant liability" in excess of its insurance coverage if its equipment caused the blaze, sending its shares and bonds sharply lower. The developments triggered fresh pressure on PG&E's shares, and, for the first time since the...

  • Nov 14- Warren Buffett's Berkshire Hathaway Inc on Wednesday said it had taken stakes in JPMorgan Chase& Co, Oracle Corp and Travelers Cos, as the conglomerate puts some of its large cash hoard to work. As of Sept. 30, Berkshire owned about $4.02 billion of stock in JPMorgan, the largest U.S. bank by assets, where one of Buffett's investment managers, Todd Combs, is a board...

  • *Financials drop as Maxine Waters says regulations won't ease. NEW YORK, Nov 14- Wall Street stocks fell on Wednesday, with the S&P 500 notching a fifth straight day of losses as financial stocks were hit by fears that regulations on the banking industry would tighten once the Democratic Party takes control of the U.S. House of Representatives.

  • *Oil rises as OPEC, partners discuss supply cut. *U.S. yields slide as Wall Street falls. A gauge of global stock markets fell for a fifth straight session, following a volatile session on Wall Street that left major U.S. indexes well in the red.