×

Wires

  • TRUMP TELLS REPORTERS HE IS "VERY, VERY CLOSE" TO MAKING HIS DECISION ON THE FED CHAIR.

  • JOHNSON WAS HSBC'S HEAD OF GLOBAL FOREIGN EXCHANGE CASH TRADING AT TIME OF 2011 TRANSACTION.

  • LONDON, Oct 23- European shares edged higher on Monday, though banks weighed and Madrid's bourse lagged peers as Catalonia's political crisis deepened. The pan-European STOXX 600 index ended the session 0.2 percent higher, while Spain's benchmark IBEX fell 0.6 percent, with banks including BBVA and Banco Santander, both down more than 1 percent, taking the most...

  • JURY FINDS EX-HSBC EXECUTIVE MARK JOHNSON GUILTY OF DEFRAUDING CAIRN ENERGY IN $3.5 BLN CURRENCY TRADE.

  • Toys'R'Us, once the largest toy retail chain in the United States, still owes creditors $5 billion in debt with Hasbro exposed to the tune of $60 million in unsecured claims for payment. Chief Executive Brian Goldner said the bankruptcy had created a "fluid environment" for the company's shipments, but downplayed its long-term effect saying it would not hurt...

  • *FTSE 100 flat at close. The FTSE 100 closed flat at 7,524.45 points, while the FTSE 250 index of mid-range stocks, which hit a record high last week, retreated 0.1 percent. Profit warnings in the UK market have multiplied in recent weeks, and the latest to cut expectations were car dealership Pendragon and lighting products maker Dialight, sending their shares down...

  • Velocys announced Friday that it has signed an option for a 100- acre site in Natchez. The Natchez Democrat reports Velocys plans 40 refinery jobs paying an average of $100,000 yearly, and could indirectly support another 100 forestry jobs paying $40,000 on average. Velocys says Adams County has offered $4 million in land and upgrades and says local utilities...

  • WASHINGTON, Oct 23- U.S. and California regulators have approved a fix for about 38,000 Volkswagen AG 3.0- liter diesel sport utility vehicles with potential excess emissions, a decision that could save the automaker more than $1 billion, according to a letter reviewed by Reuters. As part of that settlement, VW agreed to pay owners of vehicles who obtain fixes...

  • LONDON, Oct 23- Bank of England Deputy Governor Jon Cunliffe again raised doubts about whether he will back an interest rate rise next week, describing it as an "open question" in an interview published by a Welsh newspaper on Monday. But Cunliffe and his fellow deputy governor, Dave Ramsden, have made clear over the past week that they are some way from seeing the case...

  • PARIS, Oct 23- A French judicial inquiry into Fiat Chrysler over suspected emissions-test cheating centres on whether the carmaker misled buyers of Fiat, Alfa Romeo, Jeep and Lancia cars about emissions levels, according to a letter seen by Reuters. The letter, dated Oct. 17 and sent by the magistrate leading the investigation to people involved in the probe, also...

  • NEW YORK— The Latest on former Fox News Channel host Bill O'Reilly:. The former Fox News Channel host was interviewed by one-time colleague Glenn Beck on this weekend's story in The New York Times that Fox paid a $32 million settlement to a former legal analyst who had accused O'Reilly of harassment. Former Fox News Channel anchor Megyn Kelly says she complained...

  • *Cements expectation of Japan's ultra-easy monetary policy. LONDON, Oct 23- Euro zone borrowing costs fell on Monday as a big win for Japanese Prime Minister Shinzo Abe's ruling bloc in a national election gave the green light for a continuation of hyper-easy monetary policy in the world's third largest economy. It is a reassuring sign for world bond markets as...

  • Oct 23- Amazon.com Inc has received 238 proposals from cities and regions across North America vying to host the company's second headquarters, it said on Monday. Amazon said 54 states, provinces, districts and territories in the United States, Canada and Mexico were represented in the bids. New Jersey proposed $7 billion in potential credits against state and...

  • CHICAGO, Oct 23- Chicago Board of Trade corn and wheat futures firmed on Monday on a round of short-covering after U.S. regulatory data released late on Friday showed that speculators had boosted their bearish bet on both commodities. At 10:34 a.m. CDT, Chicago Board of Trade December wheat futures were 8-1/ 2 cents higher at $4.34-1/ 2 a bushel.

  • Oct 23- U.S. stocks gave up early gains in late morning trading on Monday, with losses in GE and technology shares weighing on the Wall Street indexes. Still, the indexes were near their all-time highs on a steady stream of upbeat third-quarter earnings and hopes that President Donald Trump's tax plans may move forward after the Senate's approval of a budget...

  • Toys'R'Us, once the largest toy retail chain in the United States, still owes creditors $5 billion in debt with Hasbro exposed to the tune of $60 million in unsecured claims for payment. Chief Executive Brian Goldner said the bankruptcy had created a "fluid environment" for the company's shipments, but downplayed its long-term effect saying it would not hurt...

  • PHILADELPHIA— The Philadelphia Police Department is getting a new fleet of patrol vehicles that include a feature any motorist stuck at a traffic light would envy. The department announced Monday it will receive 150 new patrol vehicles. The first shipment is heading to a police district in West Philadelphia.

  • EL DORADO, Ark.— Potlatch is buying Deltic Timber Corp. in a stock deal, creating a company with nearly 2 million acres of woodlands in the South and Pacific Northwest. Washington- based Potlatch and Arkansas- based Deltic Timber said Monday PotlatchDeltic Corp. would be valued at more than $4 billion, including $700 million in net debt. Potlatch Corp. has...

  • Oct 23- Cisco Systems Inc will buy software company BroadSoft Inc for $1.71 billion, it said on Monday, in a deal that boosts Cisco's collaboration tools and helps the company diversify its offerings away from switching and routing. Shares in BroadSoft, which specializes in software used by major cable and telecommunications networks, rose 1.35 percent after...

  • "Hartford is financing the deal by dividends and clearly mentioned that it will not authorize an equity repurchase plan for 2018, driving the shares down," Atlantic Equities analyst John Heagerty said. Hartford will have more than 20 million customers following the deal and stretch its reach in offering workers' compensation to more mid-size and large...