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  • MILAN, May 27- Italy's Prime Minister-designate Giuseppe Conte gave up on efforts to form a government on Sunday after the president apparently rejected his pick for the economy ministry, increasing the likelihood of another election this year. But the president rejected Conte's candidate to the Economy Ministry, the 81- year-old eurosceptic economist...

  • MILAN, May 27- Italy's president rejected Prime Minister-designate Giuseppe Conte's pick for the economy ministry, a political source said on Sunday, a veto that may lead to another election this year. Conte, a little-known law professor with no political experience, took his list of ministers to President Sergio Mattarella, but the president rejected Conte's...

  • MONTREAL, May 27- Canada's Bombardier Inc on Sunday announced two new longer-range variants of its existing large-cabin Global business jets, which the company expects to generate higher revenues during a time of recovering appetite for corporate planes. The Global 5500, which lists for $46 million, has a range of 5,700 nautical miles and can connect Sao...

  • MILAN, May 27- Italy's president summoned Prime Minister-designate Giuseppe Conte to his office on Sunday in a move that could break a long-running political deadlock and open the way for the formation of a coalition government. Mattarella has opposed Conte's candidate to the Economy Ministry, 81- year-old eurosceptic economist Paolo Savona, since giving...

  • OMAHA, Neb.— The bidding for a private lunch with investor Warren Buffett begins at the relative bargain of $25,000, but by the end of the week the price is likely to top $2 million again. The high price people are willing to pay for time with Buffett benefits the Glide Foundation, which helps the homeless in San Francisco. Buffett has raised over $26 million for the...

  • MILAN, May 27- Italy's president summoned Prime Minister-designate Giuseppe Conte to his office on Sunday in a move that could break a long-running political deadlock and open the way for the formation of a coalition government. Mattarella has opposed Conte's candidate to the Economy Ministry, 81- year-old eurosceptic economist Paolo Savona, since giving...

  • SAO PAULO— A strike by Brazilian truckers that has caused shortages at gas stations and supermarkets across Latin America's biggest country has entered a seventh day with no immediate solution in sight. Anger over rising diesel prices led truckers to begin striking last week and they've vowed to continue striking until the government commits itself to...

  • Disney and Lucasfilm's "Star Wars" prequel is now looking to make $101 million in North America during its four-day holiday weekend debut. The film, directed by Ron Howard, follows Alden Ehrenreich as a young Han Solo, who befriends his future co-pilot and Wookie companion Chewbacca, and meets the notorious gambler Lando Calrissian. Emilia Clarke, Woody...

  • NEW YORK— In the largest disturbance yet in Disney's otherwise lucrative reign over "Star Wars," the Han Solo spinoff "Solo: A Star Wars Story" opened well below expectations with a franchise-low $83.3 million in ticket sales over the three-day weekend in North American theaters. Disney estimated Sunday that "Solo" will gross $101 million over the four-day...

  • PHOENIX— About six years ago, an elected Arizona utility regulator who is now accused of accepting bribes had $31,000 funneled to him from a water company owner and tried to get the owner to buy him a $350,000 piece of land, authorities said. In exchange, then-Corporation Commissioner Gary Pierce voted for a rate increase that benefited the water company and...

  • By Stephen Jewkes and Steve Scherer. MILAN, May 27- Italy's president summoned Prime Minister-designate Giuseppe Conte to his office on Sunday in a move that could break a long-running political deadlock and open the way for the formation of a coalition government. Because of Mattarella's opposition to Conte's candidate for the Economy Ministry, 81-...

  • BEIJING, May 27- China's Defence Ministry on Sunday expressed its opposition to what it called "provocation" by two U.S. warships that sailed near South China Sea islands claimed by China. The U.S. action seriously infringed upon Chinese sovereignty because the warships entered Chinese territorial waters without permission, the ministry said in a short...

  • SAO PAULO, May 27- Truck owners removed their vehicles from some key roads in Brazil overnight and early on Sunday as local and federal governments worked on a new proposal to end a nationwide protest that has caused wide disruption to transporting grains and fuel. President Michel Temer met with government ministers and with some state-level officials early...

  • PHIPPSBURG, Maine— Frustrated by red tape and visa limits on foreign workers, tourism businesses from Maine to Missouri are turning to Puerto Ricans who are fleeing a shattered economy and devastation caused by Hurricane Maria. Bob Smith, owner of Sebasco Harbor Resort in Phippsburg, hired a half-dozen Puerto Ricans last summer for housekeeping, landscaping...

  • MILAN, May 27- The eurosceptic professor whom Italy's would-be coalition partners want as their economy minister sought on Sunday to allay concerns about his views on the European Union, which have held up the formation of a government. President Sergio Mattarella has so far refused to accept 81- year-old economist Paolo Savona for the pivotal post, stymieing...

  • DETROIT— The last train left Michigan Central Station 30 years ago and it has stood vacant ever since, a hulking embodiment of Detroit's long decline from America's manufacturing engine to its biggest municipal bankruptcy. "We expect to grow our presence in Detroit and will share more details in the future," Ford spokeswoman Dawn Booker told The Associated...

  • BENGHAZI, Libya, May 27- Production at Libya's Arabian Gulf Oil Company has returned to normal levels at 250,000 barrels per day after output losses caused by power supply problems because of high temperatures, an official from the company said on Sunday.

  • *Weak property stocks hits Dubai shares. *First Abu Dhabi Bank declines after last week's gains. DUBAI, May 27- Saudi stocks slid below a key barrier on Sunday, hurt by the latest drop in oil prices and concerns over valuations of blue-chip companies, while property and banking shares slipped in Dubai and Abu Dhabi after big gains last week.

  • RIYADH, May 27- Saudi Arabia's Red Sea Project, a vast tourist development aimed at opening the economy, has been registered as a standalone company and will be headed by a former director of London's Canary Wharf business zone, the country's sovereign wealth fund said on Sunday. PIF has two other major initiatives: NEOM- a $500 billion business and industrial zone...

  • Chrusciel and Granite City are among the winners as the Trump administration fights a multi-front war to reshape U.S. trade policy. "These are jobs you can raise a family on," said Granite City Mayor Ed Hagnauer. They are popular in Granite City, but problematic in other communities.