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Wires

  • *Yellen's speech at Jackson Hole on Friday awaited. Aug 22- U.S. stocks were higher in early afternoon trading on Tuesday, with all the three major indexes poised for their best one-day percentage gains in more than a week, led by technology stocks. The absence of major news from the White House and on the tensions between the United States and North Korea two major...

  • *Yellen's speech at Jackson Hole on Friday awaited. Aug 22- U.S. stocks were higher in early afternoon trading on Tuesday, with all the three major indexes poised for their best one-day percentage gains in more than a week, led by technology stocks. The absence of major news from the White House and on the tensions between the United States and North Korea two major...

  • TO "IMMEDIATELY CORRECT ITS MISTAKE" OF SANCTIONING CHINESE FIRMS OVER NORTH KOREA TO AVOID IMPACT ON BILATERAL COOPERATION- EMBASSY SPOKESMAN.

  • MADISON, Wis.— The Latest on Taiwanese electronics giant Foxconn's plans to build a factory in southeastern Wisconsin:. Scott Walker's economic development agency is trying to persuade the Legislature's budget committee to sign off on a $3 billion incentives bill designed to lure a Foxconn plant to southeastern Wisconsin. Wisconsin Economic Development...

  • SAO PAULO— Prosecutors in Brazil have filed corruption and money laundering charges against a former CEO of the state oil company Petrobras for allegedly receiving bribes from a construction company. Prosecutor Athayde Ribeiro Costa told reporters on Tuesday that Aldemir Bendine received the equivalent of more than $950,000 in bribes from construction...

  • Aug 22- Specialty pharmacy firm US Bioservices Corp has agreed to pay $13.4 million to settle U.S. government claims that it pushed patients to refill prescriptions of Novartis AG's iron overload drug Exjade in exchange for referrals from the Swiss drugmaker. US Bioservices, a unit of drug wholesaler AmerisourceBergen, agreed to pay $10.6 million to the...

  • *Libya's Sharara field reopens after repeated disruptions-sources. NEW YORK, Aug 22- Oil inched up on Tuesday, lifted by expectations of another crude stockpile drawdown in the United States but price gains were limited amid the reopening of Libya's largest oil field. Libya's Sharara oil field was gradually reopening after its latest shutdown, field workers...

  • *STOXX 600 ends up 0.8 percent. LONDON, Aug 22- A flurry of results for heavyweight mining stocks and a plunge in Provident Financial shares injected some energy into European shares on Tuesday, with the region's benchmark indexes ending a three-day losing streak. Europe's basic resources sector enjoyed a second session of gains and was the top-gaining sector,...

  • The tremor, officially recorded in Italy at a modest strength of 4.0, toppled buildings, killed two people and injured dozens in a district where seven years ago residents rioted to prevent bulldozers from razing illegally built homes. "It's ridiculous that people should die in an earthquake of this strength," said Francesco Peduto, president of Italy's...

  • *Italy yield jumps 9 bps to three-week high. LONDON, Aug 22- Italian government bond yields jumped on Tuesday, stretching the gap with German peers to a five-week high, in the wake of proposals to introduce a parallel currency in Italy that have upped the ante for elections due next year. The report highlights concerns about broader anti-euro sentiment in Italy, the...

  • WASHINGTON, Aug 22- The United States is imposing new North Korea- related sanctions, targeting Chinese and Russian firms and individuals for supporting Pyongyang's weapons programs, U.S. officials announced on Tuesday, but stopped short of an anticipated focus on Chinese banks. The steps also targeted those helping North Korea send workers abroad and...

  • TUNIS, Aug 22- Libya's Sharara oil field, the country's largest, was gradually restarting on Tuesday after repeated disruptions causing production shutdowns, two sources at the field said. Its production is key to a revival in Libya's oil output, which surged above 1 million bpd in late June, about four times higher than its level last summer.

  • *FTSE 100 ends up 0.9 percent. *Provident Financial down more than 60 percent. MILAN, Aug 22- A fall of more than 60 percent by subprime lender Provident Financial following another profit warning dominated London trading on Tuesday, although the broader market was supported by stronger commodities and a weaker pound.

  • The top 10 paid actors this past year, according to Forbes magazine:. 1. Mark Wahlberg, $68 million. 2. Dwayne Johnson, $65 million.

  • LONDON, Aug 22- Copper retreated from a three-year high on Tuesday, and other base metals also fell or trimmed gains, as speculators and funds locked in some profits after a steep rally. "There's nothing really fundamental to drive things onwards from here, so I think it's a bit of misplaced euphoria and trend-following buyers jumping on the bandwagon," said Robin...

  • *1st- qtr rev $7.39 bln vs est $7.45 bln. Shares of the Dublin- based company, which makes heart devices, spinal implants and insulin pumps, dipped as much as 3 percent to $81.00 in morning trading. Sales in Medtronic's diabetes business, which includes artificial pancreas devices and insulin pumps, fell about 1 percent to $449 million in the first quarter ended July...

  • NEW YORK— "Transformers: The Last Knight" star Mark Wahlberg has outmuscled Dwayne Johnson to become Hollywood's highest-paid actor in the past year with a transforming income of $68 million, according to Forbes magazine. The former rapper known as Marky Mark beat out "Baywatch" star Johnson, with $65 million, and Johnson's "The Fate of the Furious" co-star Vin...

  • BRUSSELS/ FRANKFURT, Aug 22- The European Commission has started an in-depth investigation of Bayer's planned $66 billion takeover of U.S. seeds group Monsanto, saying it was worried about competition in various pesticide and seeds markets. The deal would create the world's largest integrated pesticides and seeds company, the Commission said, adding this...

  • WARSAW, Poland— French President Emmanuel Macron is pushing for tighter European rules to protect workers in France and other prosperous countries in Western Europe from cheaper labor stemming from the continent's east. Macron is set to raise concerns over so-called "posted workers" and "social dumping" with several leaders in Central Europe as he makes his...

  • JOHANNESBURG, Aug 22- South African unions said on Tuesday they had agreed a three-year wage deal for engineering workers, ending weeks of difficult negotiations and averting an industry strike. They have now agreed to a deal that is expected to see workers get a 7 percent increase in 2017, 6.75 percent in 2018 and 6.5 percent in 2019, the employers association...