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  • BUENOS AIRES, Argentina— A strike led by Argentina's largest union confederation has shut down much of the country's capital— freezing public transportation, airlines, ports, schools, banks and government offices. The General Labor Confederation is staging the 24- hour walkout to protest the economic austerity policies of President Mauricio Macri.

  • LONDON, June 25- BMW would have to close its British factories which make Mini and Rolls-Royce cars if Brexit leads to serious supply chain disruption, a company executive said in remarks published by the Financial Times on Monday. "We always said we can do our best and prepare everything, but if at the end of the day the supply chain will have a stop at the border, then...

  • WASHINGTON/ BRUSSELS, June 25- Financial watchdogs from North America, Britain and Asia are urgently seeking a formal exemption from the European Unions tough new data privacy law to avoid hampering cross-border investigations, regulatory officials told Reuters. The new rules, which came into force on May 25, have been several years in the making but lobbying...

  • ATLANTA— Gray Television Inc. and Raycom Media Inc. are announcing a merger that would create the third-largest television broadcast group in the United States. Georgia- based Gray and Alabama- based Raycom said Monday they've entered into an agreement to combine the companies in a $3.6 billion deal. The communities range from large TV markets such as...

  • *China pledges to buy more planes, farm products from France. *EU official calls for lower market access barriers in China. BEIJING, June 25- China told France on Monday it would buy more of its farm produce, hinted at future Airbus purchases and pledged to work on market access, shoring up its trade ties with Europe amid the increasing danger of a tariff war with the...

  • flat@ BRASILIA, June 25- Latin American stocks and currencies mostly fell on Monday as the trade dispute between the United States and other leading economies worsened, but central bank intervention kept the Brazilian real steady. A U.S. government official on Sunday said the Treasury Department was drafting curbs that would block firms with at least 25...

  • RIO DE JANEIRO, June 25- Samarco, a joint venture between Brazilian miner Vale and Anglo-Australian BHP Billiton, could reach the second phase of a settlement with Brazilian prosecutors over a 2015 environmental disaster on Monday, a federal prosecutor said. The mining disaster, Brazil's worst on record, was caused by the bursting of a tailings dam and killed 19...

  • LONDON, June 25- BMW would have to close its British factories which make Mini and Rolls-Royce cars if Brexit leads to serious supply chain disruption, a company executive said in remarks published by the Financial Times on Monday. "We always said we can do our best and prepare everything, but if at the end of the day the supply chain will have a stop at the border, then...

  • RIYADH, Saudi Arabia— Saudi women are driving freely through busy city streets for the first time after years of risking arrest if they dared to get behind the wheel. Driving was almost entirely the job of foreigners, often lower-income and from countries like India, Pakistan and Bangladesh. She and her sister, who grew up in Saudi Arabia with a German mother who...

  • Treasury Secretary Steven Mnuchin said on Monday that forthcoming investment restrictions from the department will not be specific to China but would apply "to all countries that are trying to steal our technology." Arguing for a more aggressive approach to tariffs and investment restrictions on China are White House trade and manufacturing adviser Peter...

  • June 25- Wall Street fell on Monday, with technology and industrials bearing the brunt of an escalating trade dispute between the United States and other leading economies. A Wall Street Journal report also said the U.S. planned to block additional technology exports to China. Treasury Secretary Steven Mnuchin dismissed the reports saying the move will not be...

  • BMW'S CUSTOMS MANAGER FREISMUTH SAYS WE DO NOT WANT TO GIVE UP UK PLANTS, WILL TRY TO MAINTAIN BUSINESS CONTINUITY AFTER BREXIT.

  • BMW SAYS IT WILL CLOSE UK PLANTS IF BREXIT MEANS ITS SUPPLY CHAINS HAVE "A STOP AT THE BORDER"- FT.

  • While Britain and the EU have agreed in principle on a transition deal lasting from Brexit next March to the end of 2020, it is part of a broader divorce settlement that has yet to be formally adopted. Banks' preparations for the potential departure of Britain from the EU without a ratified withdrawal agreement are "inadequate", the European Banking Authority...

  • LONDON, June 25- Sterling edged higher from the day's lows on the back of a weaker dollar as worries about rising trade tensions between the United States and other leading economies kept risk appetite in check. "The positioning data doesn't take into account the BoE's meeting and leveraged funds are likely to have brought back sterling since then as...

  • June 25- AT&T Inc said on Monday it would buy online advertisement exchange company AppNexus Inc, less than a month after the No. 2 U.S. wireless carrier closed its $85 billion deal to acquire media company Time Warner Inc. The Wall Street Journal, citing sources, reported...

  • Political ructions in Germany boost demand for Bunds. LONDON, June 25- Italian bonds sold off on Monday and safe-haven German Bunds were in demand as a debate over migration threatened to widen divisions within the euro zone and undermine German Chancellor Angela Merkel's authority. Meanwhile, Italy's ruling right-wing League party gained ground in local...

  • WASHINGTON— Treasury Secretary Steven Mnuchin is dismissing as "fake news" media reports that the Trump administration is readying restrictions this week on Chinese investment in American technology companies and high-tech exports to China. Mnuchin says on Twitter that reports by the Wall Street Journal and Bloomberg news are "false, fake news.

  • June 25- New York State agencies urged the Federal Energy Regulatory Commission to take action to reduce pipelines risks near the Indian Point nuclear facility in Westchester County, the Department of Public Service said. The New York Division of Homeland Security and Emergency Services, and the Departments of Public Service, Environmental Conservation,...

  • BOSTON, June 25- Massachusetts' securities regulator on Monday accused MetLife Inc of making false statements relating to its failure to pay pensions to hundreds of retirees in the state that it improperly treated as "presumed dead." Massachusetts Secretary of the Commonwealth William Galvin, the state's top securities regulator, charged MetLife following a...