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Wires

  • HAVANA/ HOUSTON, Dec 14- Venezuela has pulled out of a partnership with Cuba in its Cienfuegos oil refinery and the Caribbean island has taken full ownership of the plant, Cuban state media said on Thursday. Venezuela is grappling with an economic crisis that already forced it to slash cheap oil shipments to Cuba, which has had a knock-on effect on the island's...

  • PARIS, Dec 14- Airbus planemaking chief Fabrice Bregier plans to leave the aerospace group after the board intervened to resolve tensions over the future succession to Chief Executive Tom Enders, sources familiar with the matter said on Thursday. Bregier will be replaced in February at the helm of the main planemaking division by Guillaume Faury, the 49-...

  • VANCOUVER, Dec 14- British Columbia on Thursday said it would not issue an environmental certificate for KGHM Polska Miedz's Ajax copper and gold mine in the province's interior, saying the adverse effects of the controversial project would outweigh any benefit. Polish miner KGHM acquired the Ajax project, which would produce 109 million pounds of copper a...

  • *IEA joins OPEC, EIA, raises forecast for U.S. 2018 output growth. NEW YORK, Dec 14- Oil prices rose on Thursday as a pipeline outage in Britain continued to support prices despite forecasts showing global crude surplus in the beginning of next year. A reformer was shut on Thursday after a fire in the East Plant at Citgo Petroleum Corp's 157,500- bpd Corpus Christi,...

  • WASHINGTON, Dec 14- The U.S. Federal Communications Commission voted along party lines on Thursday to repeal landmark 2015 rules aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital landscape. The approval of FCC Chairman Ajit Pai's proposal in a 3-2 vote marked a victory for internet service providers...

  • NEW YORK, Dec 14- New York and New Jersey on Thursday committed $1.75 billion and $1.9 billion, respectively, to fund a new rail tunnel underneath New York's Hudson River, part of an urgent program to expand and renovate Amtrak's aging and heavily traveled Northeast Corridor line. The announcement by New York Governor Andrew Cuomo and outgoing New Jersey...

  • In a 3-2 decision, the National Labor Relations Board reversed the standard it set out in a 2015 case involving Browning-Ferris Industries Inc and reinstated a previous test that says companies are "joint employers" only when they exercise direct control over workers. President Donald Trump appointed two Republicans to the five-member NLRB earlier this...

  • 5. Bruno Mars; $2,674,096; $111.65. 7. Roger Waters; $2,298,860; $117.98. 8. Dead& Company; $1,667,123; $111.11.

  • SAN FRANCISCO, Dec 14- Alphabet Inc's X research division said on Thursday that India's Andhra Pradesh state government would buy its newly developed technology that has the potential to provide high-speed wireless internet to millions of people without laying cable. Terms of the deal were not disclosed, but the agreement, which begins next year, would see...

  • BOSTON, Dec 14- Deckers Outdoor Corp beat back a challenge from activist hedge fund Marcato Capital Management, but shares of the maker of UGG boots fell more than 4 percent on news that all its directors had been re-elected. Shareholders voted to return all nine board members to their positions, the company said in a statement. They rebuffed Marcato's effort to...

  • Dec 14- Republicans in the U.S. Congress reached a deal on tax legislation on Wednesday, clearing the way for final votes next week on a package that, if approved, would be sent to President Donald Trump to sign into law. The following are known provisions on which House of Representatives and Senate tax writers have agreed, based on conversations with aides and...

  • *Chinese cars getting closer to U.S, Europe entry. Improvements in car design, technology and marketing at firms including Geely, GAC Motor and Great Wall Motor have brought them a bigger share in their home market, the world's largest, and give them a better chance of survival in competitive markets in Europe and the United States. "China is passing you at a speed...

  • UPDATE 1-U.S. labor board overturns Obama-era 'joint employment' ruling.

  • Dec 14- Chinese regulators have opened an antitrust investigation into Toshiba Corp's $18 billion deal to sell its memory chip unit to a consortium led by Bain Capital LP that includes memory maker SK Hynix, possibly delaying the March closing date Toshiba's leaders have targeted, the Nikkei Asian Review newspaper reported on Friday. Such reviews in China...

  • Dec 14- Amazon.com Inc will start selling Google Chromecast and Apple TV, which compete against its Fire TV, on its online store, an Amazon spokeswoman told Reuters on Thursday. The e-commerce giant had removed the video-streaming devices from its website in 2015. The company had then explained the move by saying it wanted to avoid confusing customers who might...

  • Dec 14- U.S. energy regulators on Thursday approved Energy Transfer Partners LP's request to resume horizontal drilling at eight sites in Ohio and West Virginia as it works to complete part of the Rover natural gas pipeline by the end of the year. We are still very concerned about the total and continuing number of environmental impacts Rover is causing in Ohio, "...

  • BEIJING _ NQ Mobile Inc. on Thursday reported a loss of $24.4 million in its third quarter. On a per-share basis, the Beijing- based company said it had a loss of 24 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • WILMINGTON, Del., Dec 14- Delaware's Supreme Court ruled on Thursday that a lower court erred in finding that the 2013 buyout of computer maker Dell Inc was vastly underpriced, in an opinion that will likely restrict a hedge fund strategy aimed at wringing cash from mergers. Last year, a Delaware Court of Chancery judge ordered Dell to pay Magnetar Capital and other...

  • As Venezuela careens closer to a default, some holders of PDVSA bonds set to expire in 2020 and backed by a pledge of Citgo stock are preparing to go to U.S. courts to foreclose on Citgo shares, according to sources familiar with the situation. "Lots and lots of claimants have been circling Venezuela and PDVSA, so there is plenty of competition for every scant asset...

  • Revenue in the company's cloud-based business rose 44 percent to $1.52 billion in the second quarter, but fell short of the $1.56 billion analysts had expected, according to Thomson Reuters data. The company's net income rose to $2.23 billion, or 52 cents per share, in the second quarter ended Nov. 30, from $2.03 billion, or 48 cents per share, a year earlier.