×

Wires

  • WASHINGTON, Nov 21- U.S. home sales increased more than expected in October as hurricane-related disruptions dissipated, but a chronic shortage of houses which is pushing prices beyond the reach of some first-time buyers remains an obstacle. The National Association of Realtors said on Tuesday that existing home sales rose 2.0 percent to a seasonally...

  • WASHINGTON— US home sales rose last month as hurricane impact rapidly fades; supply falls to record October low.

  • NATURAL GAS EXPORTING COUNTRIES SEC GEN ADELI TELLS ATTENDEES IN BOLIVIA THE MARKET NEEDS COMPETITION.

  • SAYED MOHAMMAD HOSSEIN ADELI TELLS BOLIVIA FORUM NO GLOBAL GAS GLUT.

  • DUBAI, Nov 21- An unwieldy sale process and onerous ownership rules are discouraging some potential investors from bidding for Saudi Arabia's state-owned grain mills, sources close to the firms say, in a potential snag for the kingdom's economic reforms. Crown Prince Mohammed bin Salman wants to modernize Saudi Arabia and reduce its dependence on oil.

  • THE HAGUE, Netherlands— Dozens of flights to and from Amsterdam's busy Schiphol Airport have been delayed or cancelled due to a technical problem with air traffic control systems. The airport's website showed many flights delayed and several cancellations on Tuesday. Airport spokesman Paul Weber did not have an exact number of flights affected by the...

  • LONDON, Nov 21- Traffic volumes on U.S. highways are at record levels but the rate of growth is slowing as the earlier impetus from lower gasoline prices fades and motoring costs rise. U.S. motorists drove a seasonally adjusted 267 billion vehicle-miles in September, up from 265 billion in the same month a year earlier, according to the U.S. Bureau of Transportation...

  • Nov 21- U.S-listed shares of Chinese financial firms sank in early trade on Tuesday after Chinese regulators suspended regulatory approval for online small loan companies. Sources who had seen the notice from the top level Chinese government body told Reuters that China had urged provincial governments to suspend regulatory approvals for firms and also...

  • BEIJING— China's ruling Communist Party says Lu Wei, the country's former top internet regulator and censor, is being investigated by its anti-corruption arm. The party's anti-graft watchdog agency said in a brief statement on its website late Tuesday that Lu, now former deputy head of the party's propaganda department, is suspected of "serious violations of...

  • *Canadian dollar at C $1.2794, or 78.16 U.S. cents. *Loonie touches its weakest since Nov. 2 at C $1.2837. TORONTO, Nov 21- The Canadian dollar firmed against its U.S. counterpart on Tuesday, with the currency recovering from an earlier three-week low as oil prices edged higher, while data showed a surprise drop in domestic wholesale trade.

  • Stocks are opening broadly higher on Wall Street as several companies reported earnings that pleased investors. Hormel Foods rose 5 percent early Tuesday after reporting better earnings and releasing a strong forecast. Medtronic jumped 6 percent after reporting solid sales of heart devices and higher earnings and revenue than analysts were expecting.

  • JERUSALEM, Nov 21- Israeli chip maker Mellanox saw its shares surge at the open on Nasdaq on Tuesday after activist hedge fund Starboard Value LP bought a 10.7 percent stake to influence strategy. "Tremendous value can be created through operational improvements or other strategic alternatives," Starboard said in a filing with the U.S. Securities and Exchange...

  • TORONTO, Nov 21- Canada's main stock index rose in early trade on Tuesday, with the broad gains led by energy stocks as oil prices steadied ahead of a key meeting of producer nations next week. The Toronto Stock Exchange's S&P/TSX composite index was up 63.28 points, or 0.4 percent, at 16,067.68 shortly after the open. All of its 10 main sectors were in positive...

  • LONDON/ MILAN, Nov 21- Europe's biggest utility Enel will ramp up spending on digital networks to offer smart meters, remote home appliance controls and car charging points, the Italian company said on Tuesday. Enel is building a fiber optic network in Italy to rival former monopoly Telecom Italia. It is now looking at similar projects for big cities in Latin...

  • COPENHAGEN, Nov 21- Denmark intends to invest to boost efforts to prevent cyber attacks in a strategy to be presented early next year, its defense minister said on Tuesday. "We are going to spend more money in this area," Claus Hjort Frederiksen told Reuters on the sidelines of a conference in Copenhagen, though he declined to disclose a figure. World's no.1 container...

  • COPENHAGEN, Nov 21- Denmark intends to invest to boost efforts to prevent cyber attacks in a strategy to be presented early next year, its defence minister said on Tuesday. "We are going to spend more money in this area," Claus Hjort Frederiksen told Reuters on the sidelines of a conference in Copenhagen, though he declined to disclose a figure. World's no.1 container...

  • Nov 21- Wall Street indexes opened higher on Tuesday, with the Nasdaq hitting a record high, led by gains in technology stocks. The Dow Jones Industrial Average rose 94.06 points, or 0.4 percent, to 23,524.39. The S&P 500 gained 8.57 points, or 0.33 percent, to 2,590.71.

  • BEIJING, Nov 21- A top-level Chinese government body on Tuesday issued an urgent notice to provincial governments urging them to suspend regulatory approval for new internet micro loan companies, sources who had seen the notice told Reuters. The body, tasked by the central government in Beijing to rein in risks in the growing online finance sector, also told...

  • Nov 21- Indian fashion and retail conglomerate Future Group said on Tuesday it plans to open 10,000 member-only stores by 2022, utilizing the technology and data of Alphabet Inc's Google and Facebook Inc.. Google will help Future Group to identify locations, while Facebook will help determine customer demographics as well as social engagement, Chief...

  • Nov 21- Apple Inc said on Tuesday it has removed several apps including Skype, Microsoft Corp's internet phone call and messaging service, from its app store in China after the country's government pointed to violations of local laws. "We have been notified by the Ministry of Public Security that a number of voice over internet protocol apps do not comply with...