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  • LIMA, Nov 17- Peru's largest construction company, Graña y Montero, is hoping to win major mine contracts to replace lost business, its chairman said on Friday, as it seeks to minimize the fallout from its links with Brazil's scandal-plagued builder Odebrecht. Anglo American has said it plans to invest $5 billion in its Quellevaco mine, while Minsur expects to...

  • BEIJING, Nov 18- China's new home prices rose at a slightly faster pace in October after gains had held steady the previous month, as prices remained resilient in the face of falling sales and a tighter liquidity environment. China's housing market has seen a near two-year boom, giving the economy a major boost but stirring fears of a property bubble, with the...

  • Shiekh Shoes, which also sells streetwear apparel, has about 120 stores across 10 states stretching from California to Tennessee. Shiekh Shoes is talking to four to five banks about funding to avoid filing for bankruptcy, he said, adding that he is not in default with any creditors or landlords. Shiekh Shoes renovated stores to meet demands from suppliers, who...

  • BEIJING, Nov 18- China's new home prices rose at a slightly faster pace in October after gains had held steady the previous month, as prices remained resilient in a tighter liquidity environment and amid government measures to cool the property boom. Average new home prices in China's 70 major cities rose by 0.3 in October from the previous month, compared with a...

  • WASHINGTON, Nov 17- The U.S. National Highway Traffic Safety Administration said on Friday it was rejecting a petition by Ford Motor Co to delay recalling about 3 million vehicles with potentially defective air bag inflators to conduct additional testing. The public can comment on NHTSA's decision until Dec. 18 on both Ford and Mazda's petitions.

  • WASHINGTON, Nov 17- Global banks raised concerns on Friday over a provision in the U.S. Senate tax bill aimed at cracking down on tax avoidance by multinational corporations that they said could hurt the banking industry. But two bank trade groups noted in a letter to the Senate Finance Committee that a provision to fight tax dodging by multinationals could...

  • ATLANTA— Delta Air Lines says U.S. regulators have given the green light to a joint venture with Korean Air, and the carriers are waiting for approval from the South Korean government. Delta said Friday that the U.S. Department of Transportation approved the arrangement. Joint ventures have become common since the first one involving Northwest Airlines and...

  • U.S. legacy carriers are recruiting employees to fly new aircraft and replace retiring staff, with American Airlines expected to hire 900 mainline pilots in 2018, up from just over 500 in 2017, said Dennis Tajer, a spokesman for the Allied Pilots' Association, which represents American Airlines pilots. By contrast, in Europe corporate jet operators did not lose...

  • Top Economic Events Polling Unit Diary Today in Washington Political and General News. 20- Nov Netherlands DTC auction 21- Nov United States Sale of 2- year floating rate notes 21- Nov United Kingdom Auction of 0 1/ 8% Index-linked Treasury Gilt 2026 21- Nov Spain Auction of 3- and 9- month Treasury bills 22- Nov Germany Auction of 30- year Federal bonds 22- Nov...

  • SYDNEY- Panel participation by Michele Bullock, Reserve Bank of Australia's assistant governor at the Women in Payments Symposium, Sydney 2230 GMT. SYDNEY- Reserve Bank of Australia Financial Stability Head Jonathan Kearns will give speech at the Aus-China Property Developers, Investors& Financiers event, Sydney- 0135 GMT. SYDNEY- Reserve Bank of Australia...

  • BERKELEY, California- Federal Reserve Bank of San Francisco President John C. Williams participates in a panel discussion on interest rates at the 2017 Clausen Center Conference on Global Economic Issues- 2100 GMT. FRANKFURT- European Central Bank executive board member Sabine Lautenschlager speaks at IIF European CRO Forum in Frankfurt- 1215 GMT.

  • BERKELEY, California- Federal Reserve Bank of San Francisco President John C. Williams participates in a panel discussion on interest rates at the 2017 Clausen Center Conference on Global Economic Issues- 2100 GMT. FRANKFURT- European Central Bank executive board member Sabine Lautenschlager speaks at IIF European CRO Forum in Frankfurt- 1215 GMT.

  • An official says Nevada doesn't plan to return one of the drugs obtained for use in an upcoming execution, despite a demand by pharmaceutical company Pfizer that its drugs not be used for lethal injections. The Nevada letter, obtained by The Associated Press, seeks the return of the sedative diazepam or the opioid painkiller fentanyl if it was manufactured by...

  • LOS ANGELES— California has published the rules that will govern its legal marijuana economy in 2018, giving businesses and consumers a glimpse into the future. But there are important steps before legal recreational sales kick off on Jan. 1, and even more uncertainties about how the marketplace will function. They form the framework of the new pot economy,...

  • WASHINGTON— Figures on government spending and debt in millions of dollars.

  • NEW YORK/ WASHINGTON Nov 17- Wells Fargo& Co announced on Friday it fired its head of consumer lending, a move that people familiar with the matter said was because he disparaged a bank regulator to a fired employee. The abrupt departure of Franklin Codel, Wells Fargo's head of consumer lending, came as the bank grapples with the fallout from a sales scandal in which...

  • Senate staffers must make their bill comply with procedural rules allowing it to be approved by a simple majority of 51 votes. TUESDAY, NOV. 28: Senate reconvenes after a week-long holiday break. THURSDAY, NOV. 30: Possible, although far from certain, final Senate vote on tax bill.

  • cuts@ SAO PAULO, Nov 17- The Mexican peso firmed on Friday amid expectations that ongoing NAFTA talks in Mexico City would adopt a slightly more deliberative tone than in the past and focus on low-impact issues. Late on Thursday, Reuters reported that Canada is open to reviewing the North American Free Trade Agreement every five years instead of terminating the...

  • WASHINGTON _ WGL Holdings Inc. on Friday reported fiscal fourth-quarter net income of $3.3 million, after reporting a loss in the same period a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 19 cents per share. The parent of Washington Gas Light Co. and other energy-related businesses posted revenue...

  • HOUSTON _ PrimeEnergy Corp. on Friday reported a third-quarter loss of $2 million, after reporting a profit in the same period a year earlier. The Houston- based company said it had a loss of $1.22 per share. PrimeEnergy shares have declined roughly 7 percent since the beginning of the year.