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  • BEIJING, Aug 19- China's banking and insurance regulator has asked financial institutions to give more support to infrastructure investment, import and export firms, and companies experiencing "temporary operational difficulties."

  • PUNTO FIJO/ SAN CRISTOBAL, Venezuela, Aug 18- A fter Venezuelan President Nicolas Maduro's 60- fold increase to the minimum wage, storeowners on Saturday wrestled with an anguishing decision: Close up shop or hit customers with steep price hikes at the risk of sinking the business. Economists warned that some companies would go under, unable to shoulder the...

  • PUNTO FIJO/ SAN CRISTOBAL, Venezuela, Aug 18- A fter Venezuelan President Nicolas Maduros 60- fold increase to the minimum wage, storeowners on Saturday wrestled with an anguishing decision: Close up shop or hit customers with steep price hikes at the risk of sinking the business. Economists warned that some companies would go under, unable to shoulder the...

  • GENOA, Italy, Aug 18- Autostrade per l'Italia, a unit of infrastructure group Atlantia, has always operated correctly in its role of toll-road operator, the group's chief executive said on Saturday. Autostrade manages the section of the A10 motorway linking Genoa to the French border where a bridge gave way in busy lunchtime traffic on Tuesday, killing at least 38...

  • GENOA, Italy, Aug 18- Italian toll-road operator Autostrade per l'Italia, which managed a bridge that collapsed in Genoa this week, pledged on Saturday to rebuild the viaduct. On Tuesday, a 200- metre section of the Morandi viaduct gave way in busy lunchtime traffic, killing at least 38 people and severing the city's main land link with southern France.

  • LONDON, Aug 18- An Iranian lawmaker said on Saturday that President Hassan Rouhani would appear before parliament on Aug. 28 to answer questions on his government's handling of Iran's economic struggles, but an aide to Rouhani denied a date had been set. Lawmaker Assadollah Abbasi was quoted as saying by the parliamentary news agency ICANA: "It has been agreed...

  • GENOA, Italy, Aug 18- Italian toll-road operator Autostrade per l'Italia, which managed a bridge that collapsed in Genoa this week, has set aside about 500 million euros worth of investment for the port city to help it recover from the disaster. On Tuesday, a 200- metre section of the Morandi viaduct gave way in busy lunchtime traffic, killing at least 38 people and...

  • GENOA, Aug 18- Top executives of Italian toll-road operator Autostrade per l'Italia, which managed a bridge that collapsed in the port city of Genoa this week, voiced profound sadness for the victims on Saturday and said it would set up a fund for their families. Autostrade Chairman Fabio Cerchiai and Chief Executive Giovanni Castellucci held their first news...

  • FRANKFURT, Aug 18- Volkswagen Chief Executive Herbert Diess was told about the existence of cheating software in cars two months before regulators blew the whistle on a multi-billion exhaust emissions scandal, German magazine Der Spiegel said. Der Spiegel's story, based on recently unsealed documents from the Braunschweig prosecutor's office, raises...

  • LONDON, Aug 18- Iranian President Hassan Rouhani will appear before parliament on Aug. 28 to answer questions on his government's handling of Iran's economic struggles. Iranian lawmaker Assadollah Abbasi was quoted as saying by the parliament's news agency ICANA that "It has been agreed that the parliamentary session to question the president will take...

  • FRANKFURT, Aug 18- Volkswagen Chief Executive Herbert Diess was told about the existence of cheating software in cars two months before regulators blew the whistle on a multi-billion exhaust emissions scandal, German magazine Der Spiegel said. Citing documents unsealed by the Braunschweig prosecutor's office, Der Spiegel said Diess was present at a...

  • IZMIR, Turkey, Aug 18- When Andrew Brunson saw a police summons on his door in late summer 2016, the U.S. evangelical pastor thought it was a routine appointment to sort out his residency papers in Turkey, his home for nearly a quarter of a century. He is still in detention and is now at the center of a diplomatic row that has fueled Turkey's most serious currency crisis...

  • IZMIR, Turkey, Aug 18- When Andrew Brunson saw a police summons on his door in late summer 2016, the U.S. evangelical pastor thought it was a routine appointment to sort out his residency papers in Turkey, his home for nearly a quarter of a century. He is still in detention and is now at the centre of a diplomatic row that has fuelled Turkey's most serious currency...

  • Both Moody's and Standard& Poor's ratings agencies cut Turkey's sovereign credit ratings deeper into "junk" territory late on Friday. On Friday, Turkey's battered lira weakened 3 percent after a Turkish court rejected an American pastor's appeal for release, drawing a stiff rebuke from President Donald Trump, who said the United States would not take the...

  • BERLIN— Russian President Vladimir Putin is flying to Austria to attend the wedding Saturday of the country's foreign minister, before heading to Berlin for talks with German Chancellor Angela Merkel. Austrian authorities have imposed tight security measures around the site of the ceremony near the southern town of Graz of Foreign Minister Karin Kneissl,...

  • *Tech firms fear India localisation norms raise costs, scrutiny. NEW DELHI, Aug 18- U.S. technology giants plan to intensify lobbying efforts against stringent Indian data localisation requirements, which they say will undermine their growth ambitions in India, sources told Reuters. The issue could further undermine already strained economic relations...

  • BEIJING— Malaysia's leader courted Chinese e-commerce investment in his country on Saturday, the start of his first trip to China since his stunning electoral victory three months ago. On Saturday, Mahathir toured the campus of Chinese online shopping giant Alibaba Group in the eastern city of Hangzhou, met with the company's founder, Jack Ma, and told the...

  • DUBAI, Aug 18- A top Iranian constitutional body has demanded changes to anti-money laundering measures passed by parliament, state-run media said on Saturday, as Tehran nears a deadline to pass legislation to help it attract investment while facing U.S sanctions. Iran has been trying to implement standards set by the Financial Action Task Force, an...

  • MELBOURNE, Aug 18- Australia's worst drought in a generation is driving flocks of emus into an outback mining town in a desperate hunt for food and water, an animal rescue unit in the town of Broken Hill said. The large, flightless birds are sometimes sighted in the town, 935 kilometres west of Sydney, but not in the numbers being seen amid a winter drought that has...

  • MILAN, Aug 18- Italy's Autostrade per l'Italia said it would hold a news conference in Genoa on Saturday to announce initiatives it would take after the collapse of a motorway bridge. Autostrade, a unit of infrastructure group Atlantia, manages the section of the A10 motorway linking Genoa to the French border. It has been at the centre of a political storm after a...