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Wires

  • LIMA, Peru— Peru's attorney general's office said it was investigating former President Alejandro Toledo for allegedly taking millions of dollars in bribes from the Brazilian company Camargo Correa in exchange for a highway construction contract. Toledo, who governed from 2001 to 2006, is already wanted in Peru for allegedly taking $20 million in bribes...

  • MEXICO CITY, Nov 24- Production and exports of crude oil at Mexican state oil company Petroleos Mexicanos, or Pemex, increased in October, the firm said on Friday. Crude output rose by 9.9 percent from the previous month to 1.902 million barrels per day after suffering a sharp drop in September, according to Pemex data published online. Exports increased by 15.8...

  • CHICAGO/ NEW YORK, Nov 24- U.S. stores offered deep discounts, entertainment and free gifts to lure bargain hunters on Black Friday, the traditional start of the holiday retail season, but some shoppers said they were just browsing the merchandise, reserving their cash for internet purchases. Still, a sharp rise in online sales brightened the overall outlook for...

  • OKUMA, Japan— Above ground, the tsunami-hit Fukushima nuclear power plant has had a major face-lift since the 2011 disaster. Inside and underground remains largely a morass. We first went through automated security checks and radiation measurement at the new building, where 1,000 employees of Tokyo Electric Power Co.' s decommissioning unit work.

  • ONAHAMA, Japan— More than six years after a tsunami overwhelmed the Fukushima nuclear power plant, Japan has yet to reach consensus on what to do with a million tons of radioactive water, stored on site in around 900 large and densely packed tanks that could spill should another major earthquake or tsunami strike. Experts advising the government have urged a...

  • President Donald Trump has designated White House Budget Director Mick Mulvaney acting director of the Consumer Financial Protection Bureau until a permanent director is nominated and confirmed, the White House said on Friday. "The president looks forward to seeing Director Mulvaney take a common sense approach to leading the CFPBs dedicated staff, an...

  • SAO PAULO/ LISBON, Nov 24- Brazilian telephone carrier Oi SA, which is operating under bankruptcy court protection, appointed Eurico de Jesus Teles Neto as acting chief executive after Marco Schroeder resigned from the post on Friday, the company said in a securities filing. Teles Neto will also serve as legal director until the board deliberates on a permanent...

  • Nov 24- TransCanada Corp said on Friday it has recovered 44,400 gallons, or 1,057 barrels, of oil from the Keystone pipeline spill site at Amherst, South Dakota. The company had shut down its 590,000 barrel-per-day Keystone pipeline, which links Alberta's oil sands to U.S. refineries, on Nov. 16 after a 5,000- barrel spill. Preliminary inspections of the damaged...

  • President Donald Trump has designated White House Budget Director Mick Mulvaney acting director of the Consumer Financial Protection Bureau until a permanent director is nominated and confirmed, the White House said on Friday. "The president looks forward to seeing Director Mulvaney take a common sense approach to leading the CFPBs dedicated staff, an...

  • Nov 24- Food retailer Sobeys Inc, owned by Empire Company Ltd, is cutting more than 800 jobs across Canada, according to reports in the Canadian media. About 150 jobs will be lost in the eastern Canadian province of Nova Scotia, the company told CBC News. The move comes as part of a change in the company's operating model according to which the Sobeys' collection of five...

  • SAN FRANCISCO/ NEW YORK, Nov 24- Uber Technologies Inc plans to move ahead with a deal to bring in Japanese technology company SoftBank Group Corp as a major investor by disclosing the pricing early next week in formal tender offers to the ride-hailing service's investors, two people familiar with the plans said on Friday. SoftBank and Dragoneer Investment...

  • -Lipper@ NEW YORK, Nov 24- Investors poured $9.4 billion into U.S.-based stock exchange-traded funds in the week ended Wednesday, the group's eighth consecutive week of inflows, against a backdrop of record closing highs on major markets, Lipper data showed on Friday. "Increasingly advisors and retail investors are choosing lower-cost ETFs over active equity...

  • Top Economic Events Polling Unit Diary Today in Washington Political and General News. 27- Nov United States Sale of 2- year notes 27- Nov United States Sale of 5- year notes 27- Nov Italy Zero-coupon/BTPi auction 27- Nov Norway Auction of Treasury bills 28- Nov United States Sale of 7- year notes 28- Nov Italy Bills auction 28- Nov Japan Auction of 40- year...

  • **FRANKFURT- ECB Vice President Vitor Constancio participates in a panel discussion about a book presentation organized by CEPR and IMFS at Goethe University in Frankfurt, Germany- 1115 GMT. **BIRMINGHAM- Bank of England chief economist Andy Haldane gives a speech on the bank's education and communication strategy, at a school in Birmingham during a regional...

  • **FRANKFURT- ECB Vice President Vitor Constancio participates in a panel discussion about a book presentation organised by CEPR and IMFS at Goethe University in Frankfurt, Germany- 1115 GMT. **BIRMINGHAM- Bank of England chief economist Andy Haldane gives a speech on the bank's education and communication strategy, at a school in Birmingham during a regional...

  • TORONTO, Nov 24- Canadian miner Crystallex International Corp and Venezuela's government have agreed to settle a dispute over the country's seizure of the Las Cristinas gold mine, Bloomberg News reported late on Friday. The settlement may be worth more than $1 billion, which would make it the largest one agreed to by Venezuela, Bloomberg reported, citing...

  • CHICAGO/ NEW YORK, Nov 24- U.S. stores offered deep discounts, entertainment and free gifts to lure bargain hunters on Black Friday, the traditional start of the holiday retail season, but some shoppers said they were just browsing the merchandise, reserving their cash for internet purchases. Still, a sharp rise in online sales brightened the overall outlook for...

  • NEW YORK, Nov 24- Investors poured $9.4 billion into U.S.-based stock ETFs in the week ended Wednesday, the group's eighth consecutive week of inflows, against the backdrop of record closing highs on major markets, Lipper data showed on Friday. U.S.-based investment-grade corporate bond funds attracted $2.6 billion of inflows in the latest week, their 10th...

  • *Negative rate policy hurting banks- BOJ Suzuki. *Monetary policy less effective if banks' health in bad shape. TOKYO, Nov 25- Bank of Japan board member Hitoshi Suzuki said there is room to debate a fine-tuning of the central bank's yield curve control policy, the Mainichi paper reported, signaling the chance it may raise interest rates before inflation hits its...

  • SAO PAULO, Nov 24- Colombia's central bank lowered its main interest rate in a surprise move on Friday, while Mexico's peso strengthened after the nation's central bank chief said it was undervalued on a day of otherwise quiet activity in Latin American markets. Colombia's peso closed down slightly, as did the country's IGBC main stock index.