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  • MONDAY, MAY 21 ATLANTA- Federal Reserve Bank of Atlanta President Raphael Bostic speaks on "Welfare Economics: Trade and a Review of Principles" before the Atlanta Economics Club- 1615 GMT. NEW YORK- Federal Reserve Bank of Philadelphia President Patrick Harker participates in conversation before the Chief Executives Organization's CEO Financial Seminar...

  • MONDAY, MAY 21 ATLANTA- Federal Reserve Bank of Atlanta President Raphael Bostic speaks on "Welfare Economics: Trade and a Review of Principles" before the Atlanta Economics Club- 1615 GMT. NEW YORK- Federal Reserve Bank of Philadelphia President Patrick Harker participates in conversation before the Chief Executives Organization's CEO Financial Seminar...

  • Federal Reserve Today in Washington. 22- May United States Sale of 2- year notes 22- May Japan Auction of 20- year government bonds 22- May Spain Auction of 3- and 9- month Treasury bills 23- May United States Sale of 2- year floating rate notes 23- May United States Sale of 5- year notes 23- May Germany Auction of 2- year Treasury notes 24- May United States Sale of...

  • TOKYO, May 21- Japan's exports rose 7.8 percent in April from a year earlier, Ministry of Finance data showed on Monday, highlighting a rebound in demand from overseas economies. The trade balance came to a surplus of 626.0 billion yen, versus the median estimate for a 405.6 billion yen surplus. To view full tables, go to the website of the Ministry of Finance at:...

  • TOKYO, May 21- U.S. stock futures jumped on Monday as U.S. Treasury Secretary Steven Mnuchin said the U.S. trade war with China is "on hold" after the world's two largest economic powers agreed to drop their tariff threats while they work on a wider trade agreement. While they still need to work out details of a wider trade deal, it is positive for markets that they struck...

  • *Shell, ENI face corruption trial over oil deal in Nigeria. LONDON, May 21- Seven years ago, two middlemen launched civil lawsuits to seek payment for helping arrange a $1.3 billion oil deal in Nigeria. The criminal trial will proceed in Milan on June 20 after a short initial hearing on May 14.

  • LONDON, May 21- A fall in the number of European Union applicants for jobs in British factories has become less sharp but manufacturers remain worried about being able to find skilled workers from the bloc after Brexit, according to a report published on Monday. Britain's decision to leave the EU in a referendum in 2016 has raised concerns among employers in...

  • WASHINGTON, May 20- The U.S. trade war with China is "on hold" after the world's largest economies agreed to drop their tariff threats while they work on a wider trade agreement, U.S. On Saturday, Beijing and Washington said they would keep talking about measures under which China would import more energy and agricultural commodities from the United States to...

  • NEW YORK, May 20- U.S. 10- Year treasury note futures prices were down slightly on Sunday evening, after U.S. Treasury Secretary Steven Mnuchin said earlier that the U.S. trade war with China was "on hold." President Donald Trump's top economic adviser, Larry Kudlow, said an agreement reached by Chinese and American negotiators on Saturday set up a framework for...

  • *NZ homeless rate highest in OECD even as economy booms. WELLINGTON, May 21- New Zealand's dairy-fueled economy has for several years been the envy of the rich world, yet despite the rise in prosperity tens of thousands of residents are sleeping in cars, shop entrances and alleyways. "I have no assets at the moment," said 64- year-old Victor Young, who spoke to Reuters at...

  • *NZ homeless rate highest in OECD even as economy booms. WELLINGTON, May 21- New Zealand's dairy-fuelled economy has for several years been the envy of the rich world, yet despite the rise in prosperity tens of thousands of residents are sleeping in cars, shop entrances and alleyways. "I have no assets at the moment," said 64- year-old Victor Young, who spoke to Reuters...

  • VATICAN CITY, May 20- Pope Francis said on Sunday he would elevate 14 churchmen from five continents to the rank of cardinal, picking candidates who work with the poor or where Catholics are in a minority and putting his stamp on the group that will elect his successor. Making the surprise announcement during his weekly Sunday address, the pope said the new...

  • DUBAI, United Arab Emirates— The United Arab Emirates, home to financial hubs Abu Dhabi and Dubai, is loosening its residency laws and will grant long-term visas for up to 10 years to investors and highly-skilled professionals. The 10- year residency visas will be granted to specialists in science, medicine and research, and to "exceptional students."

  • WASHINGTON, May 20- The U.S. trade war with China is "on hold" after the world's largest economies agreed to drop their tariff threats while they work on a wider trade agreement, U.S. On Saturday, Beijing and Washington said they would keep talking about measures under which China would import more energy and agricultural commodities from the United States to...

  • LOS ANGELES, May 20- Deadpool might not consider himself a superhero, but its latest installment is off to a powerful start. The Marvel Comics film from 20th Century Fox debuted in North American with $125 million in 4,349 locations. The Ryan Reynolds-starrer bowed overseas with $176 million for a global weekend total of $301 million.

  • CAMARILLO, Calif.— The average price of regular-grade gasoline in the U.S. jumped 10 cents a gallon over the past two weeks to $3.00. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the price has spiked 41 cents over the past three months. The highest average price in the contiguous 48 states was $3.79 in the San Francisco Bay Area.

  • May 20- General Electric Co is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp, a U.S. maker of equipment for the rail industry, two people familiar with the matter said on Sunday. A deal that could value the combined company at more than $20 billion could be announced as early as this week, the sources said,...

  • EXCLUSIVE-GENERAL ELECTRIC CO NEARS DEAL TO MERGE TRANSPORTATION UNIT WITH WABTEC CORP- SOURCES.

  • CONCORD, N.H.— A multinational company that develops and builds equipment for military use worldwide is choosing Portsmouth, New Hampshire, as its U.S. headquarters. Revision Military will be opening its offices at Pease International Tradeport. Chris Sununu says the move proves that New Hampshire's business climate is improving.