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  • BERLIN, April 24- Amazon Chief Executive Jeff Bezos said on Tuesday that it was right that big companies are scrutinised and said his firm would respond to any new regulations by finding new ways to please its customers. Bezos was speaking in Berlin, where he received an award from German media company Axel Springer, and was responding to a question about how...

  • CHICAGO, April 24- U.S. wheat futures rallied on Tuesday, surging 2.4 percent on a bargain buying rebound after falling to their lowest in nearly three weeks early in the session. Additionally, concerns about exports continued to hang over the soybean market amid a trade dispute with top buyer China. The USDA said on Tuesday morning that private exporters...

  • WASHINGTON, April 24- Foreign corporations cannot be sued in American courts for human rights abuses committed overseas, the U.S. Supreme Court ruled on Tuesday, refusing to revive a lawsuit claiming Jordan- based Arab Bank Plc helped finance militant attacks in Israel and the Palestinian territories. The 5-4 decision ended a lawsuit by some 6,000 non-U.S....

  • RIYADH, April 24- Saudi Arabia aims to generate 35 to 40 billion riyals in non-oil revenues from its privatisation programme by 2020 and create up to 12,000 jobs, according to a document published by the official news agency on Tuesday.

  • RIYADH, April 24- Saudi Arabia aims to generate 35 to 40 billion riyals in non-oil revenues from its privatization program by 2020 and create up to 12,000 jobs, according to a document published by the official news agency on Tuesday.

  • April 24- Toys' R' Us will set aside about $156 million to pay vendors for toys and merchandise shipped after the U.S. retailer's Chapter 11 bankruptcy filing last September, a lawyer for the company said on Tuesday. The vendor reserve fund will be carved out of a broader budget meant to cover some expenses as the retailer winds down its business in the largest-ever...

  • SAN FRANCISCO, April 24- Shares of Apple Inc dropped nearly 2 percent on Tuesday as investors worries intensified about soft demand for iPhones after a warning from a company that supplies components for smartphones. Concerns ahead of Apple's quarterly report next Tuesday have shaved 9 percent from its stock price in the past five sessions, erasing $80...

  • April 24- Borrowing by U.S. businesses for capital goods rose 2 percent in March from a year earlier, the Equipment Leasing and Finance Association, a Washington- based trade body, said. Companies signed up for $9.1 billion in new loans, leases and lines of credit last month, up from $8.9 billion a year earlier. Michael Romanowski, president of Farm Credit Leasing...

  • DES MOINES, Iowa, April 24- Wells Fargo& Co investors gave strong backing to the bank's directors and executives on Tuesday, suggesting they are ready to give its revamped leadership time to rebuild from scandal despite a noisy annual shareholder meeting. Wells Fargo executives said each of the bank's 12 director nominees received more than about 89 percent...

  • WASHINGTON, April 24- President Donald Trump's trade fight with China moved inside the white marble walls of the U.S. Supreme Court on Tuesday, where lawyers for both countries faced off over whether Chinese companies can be held liable for violating U.S. antitrust laws. The Supreme Court took the unusual step of letting China present arguments even though it is...

  • WASHINGTON, April 24- The Environmental Protection Agency announced a new rule on Tuesday that would stop it from relying on scientific research underpinned by confidential data in its making of regulations. The measure was billed by EPA Administrator Scott Pruitt as a way to boost transparency for the benefit of the industries his agency regulates.

  • BERLIN, April 24- Amazon Chief Executive Jeff Bezos said on Tuesday that it was right that big companies are scrutinised and said his firm would respond to any new regulations by finding new ways to please its customers. Bezos was speaking in Berlin, where he was receiving an award from German media company Axel Springer. He was responding to how seriously he took...

  • BERLIN, April 24- Amazon Chief Executive Jeff Bezos said on Tuesday that it was right that big companies are scrutinized and said his firm would respond to any new regulations by finding new ways to please its customers. Bezos was speaking in Berlin, where he was receiving an award from German media company Axel Springer. He was responding to how seriously he took...

  • TRENTON, N.J.— The U.S. Food and Drug Administration has approved the first drug to slow kidney decline in patients with the most common inherited kidney disease. Jynarque, from Japan's Otsuka Pharmaceutical, was approved Tuesday for autosomal dominant polycystic kidney disease. The FDA rejected it in 2013 but approved it after the drugmaker did an additional...

  • *Oil lower after Brent tops $75 a barrel mark. NEW YORK, April 24- A gauge of world stocks tumbled on Tuesday, relinquishing early gains after U.S. bond yields topped the 3 percent threshold for the first time in four years, while oil prices stretched above the $75 per barrel mark. Equities in Europe hit session lows before closing near the unchanged mark and U.S. stocks...

  • *Three cargoes diverted from China to Saudi Arabia. DUBAI/ CHICAGO, April 24- Four U.S. sorghum shipments initially bound for China have been diverted to other countries after Beijing's move last week to impose hefty anti-dumping deposits on imports of the grain from the United States, according to trade sources and Reuters shipping data. Thomson Reuters Eikon...

  • LONDON, April 24- BP Chief Executive Bob Dudley on Tuesday urged Cambridge University not to yield to pressure from hundreds of students and academics to cut its investments in fossil fuels and pointed to BP's donations to the university. "One should not infer from Bobs comments that he was in any way linking our support of Cambridge with the Universitys...

  • *OPEC- led supply cuts, strong demand lift prices. NEW YORK, April 24- Oil prices slipped on Tuesday as concerns over the possibility that the United States might reinstate sanctions against Iran faded somewhat, alleviating worries about the future of Iranian exports. Stephen Innes, head of trading for Asia-Pacific at futures brokerage OANDA, said new sanctions...

  • *Analyst sees European Central Bank "stuck in a corner". BERLIN, April 24- The German government has lowered its economic growth forecast for this year, a source familiar with the decision said on Tuesday, reflecting expectations that an upswing in Europe's largest economy was losing some momentum. Sentiment surveys published earlier showed that business...

  • Shares in Caterpillar, part of the Dow Jones Industrial Average, were last down 6 percent at $144.81 on the New York Stock Exchange after gaining as much as 4.6 percent in early trade. "It's a negative surprise because the indications had previously been that everything was okay on that front," said Lawrence T. De Maria, co-group head of Global Industrial...