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  • MONTREAL, March 22- SNC Lavalin Group's chief executive said on Friday the company is looking at ways to protect its business in the event it loses a corruption trial that has created a political crisis for Canadian Prime Minister Justin Trudeau. An SNC-Lavalin board subcommittee is weighing the construction and engineering company's options as it takes "...

  • *U.S. lawmaker urges Boeing, FAA employees to come forward. WASHINGTON/ JAKARTA, March 22- A U.S. lawmaker on Friday urged current or former Boeing Co and Federal Aviation Administration employees to come forward with any information about the certification program for the 737 MAX, which has suffered two fatal crashes in five months. Boeing and the FAA are under...

  • March 22- Allergan Plc plans to elect an independent board chairman, starting with the next leadership transition, the Botox maker said on Friday, as the drugmaker responds to calls from hedge fund Appaloosa LP to separate the roles of chairman and chief executive officer. Appaloosa, led by billionaire David Tepper, has been pressing Allergan since last year to...

  • President Donald Trump on Friday reversed North Korea- related sanctions announced by the U.S. Treasury that additional large-scale Sanctions would be added to those already existing Sanctions on North Korea, "Trump tweeted from his Florida resort of Mar-a-Lago. There were no new U.S. sanctions on North Korea announced on Friday and Trump was apparently...

  • point@ NEW YORK, March 22- As Wall Street braces for what may be the first U.S. profit decline since 2016, investors say the first quarter may not mark the low point for 2019 earnings. In the immediate term, markets could be roiled depending on what or if any information is released from Special Counsel Robert Mueller's report on his investigation into Russia's role...

  • NEW YORK, March 22- Lawyers for Elon Musk said on Friday that the U.S. Securities and Exchange Commission had failed to satisfy its heavy burden of showing that the Tesla Inc chief executive should be held in contempt of court. In a Manhattan federal court filing, Musk's lawyers also said their client "respects his obligations" to the electric car company, its...

  • President Donald Trump pledged investment in a rare meeting on Friday with five Caribbean leaders who have sided with the United States in backing Venezuelan opposition leader Juan Guaido as head of state, the White House said. Trump met with leaders from the Bahamas, Dominican Republic, Haiti, Jamaica and Saint Lucia at his private club in Palm Beach, Florida.

  • NEW DELHI, March 23- India's Reliance Industries, operator of the world's largest oil refining complex, on Friday said in a statement it was not breaching U.S. sanctions against Venezuela. The company said its recent fuel exports to Venezuela were agreed to before Washington imposed sanctions in January, and that they were meant to settle Reliance's crude oil...

  • WASHINGTON, March 22- The chairman of U.S. House Transportation and Infrastructure Committee Peter DeFazio on Friday urged current or former Boeing Co and Federal Aviation Administration employees to come forward with any information about the government's aircraft certification program. Federal prosecutors, the Transportation Department's...

  • March 22- Latin American stocks and currencies were hammered on Friday, caught up in a global selloff after dismal economic data from across Europe and the United States reignited fears of a slowdown in the global economy and signaled the possibility of the world's largest economy sliding into recession. Treasury yield curve after weaker-than-expected...

  • WASHINGTON, March 22- The Inter-American Development Bank on Friday canceled a meeting of its member countries due to be held in China next week after Beijing refused to allow a representative of Venezuelan opposition leader Juan Guaido to attend, two sources with knowledge of the decision said. The sources said the decision was made by the board of the IADB, the...

  • CHICAGO, March 22- Chicago Mercantile Exchange lean hog futures rose to contract highs for a third straight session on Friday on hopes for strong demand from China before easing from those peaks on profit-taking and technical selling, traders said. China is expected to be in the market for imported pork as the deadly hog disease African swine fever has...

  • March 22- Pinterest Inc, the owner of the image search website known for the food and fashion photos that its users post, filed for an initial public offering with U.S. regulators on Friday, looking to tap into a red-hot market for new stock offerings. The company, which plans to list under the symbol "PINS" on the New York Stock Exchange, set a placeholder amount of $100...

  • JAKARTA/ CHICAGO, March 22- Indonesian airline Garuda plans to cancel a $6 billion order for Boeing 737 MAX jets because some passengers say they would be frightened to board the plane after two fatal crashes, although industry analysts said the deal was already in doubt. In the United States, American Airlines pilots prepared to test Boeing Co's planned...

  • PALM BEACH, Fla., March 22- President Donald Trump on Friday tapped Stephen Moore, a conservative economic commentator and fellow critic of Federal Reserve policy under Chairman Jerome Powell, to join the U.S. central bank's board of governors, a move that would put a Trump loyalist inside the worlds most important financial institution. Moore, who last year...

  • JERUSALEM, March 22- Israeli Prime Minister Benjamin Netanyahu said on Friday he would sue two of his main political rivals for libel, claiming that they labelled him a traitor over a graft scandal involving a German submarine deal. In a video published on his Facebook page, Netanyahu said he instructed his attorneys to take legal action against former armed...

  • INTERCONTINENTAL TERMINALS EVALUATING WHAT SPARKED LATEST BLAZE TWO DAYS AFTER FIRST EXTINGUISHED- SPOKESMAN.

  • WASHINGTON, March 22- The Inter-American Development Bank on Friday canceled its annual meeting in China for next week after Beijing refused to allow a representative of Venezuelan opposition leader Juan Guaido to attend, two sources with knowledge of the decision said. The sources said the decision to call off the meeting was made by the board of the IADB, the...

  • Prosecutors said that he played a leading role in a scheme in which Rilin offered workers in China jobs in the United States, but required them to pledge large sums of cash and even their family's homes as security, which they would lose if they were found to violate their contracts. Once in the United States, prosecutors said, workers were told where they could live...