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  • Aug 14- The union for Chile's Escondida mine, the world's largest copper mine, said on Tuesday it was closer to a contract agreement and would extend talks another day with the company in hopes of averting a planned strike, though health benefits and some other sticking points must be ironed out before a deal can be reached. The company has also given a positive sign...

  • LONDON, Aug 14- Weaker-than-forecast wage growth offset an unexpected fall in Britain's unemployment rate on Tuesday, curbing sterling's recovery from last week's 13- month lows. Sterling rose as high as $1.2827, up from last week's low of $1.2723, after official data showed Britain's unemployment rate fell to its lowest since 1975 during the second quarter.

  • *Co bought Kate Spade to draw young shoppers. Aug 14- The publicity around the untimely death of designer Kate Spade drew shoppers back to the handbag brand this summer, driving a 31 percent jump in fourth-quarter sales for its new owner Tapestry Inc that sent shares up 12 percent on Tuesday. The Kate Spade acquisition helped Tapestry broaden the reach of its...

  • SAO PAULO, Aug 14- Latin American equities rebounded moderately on Tuesday, as Turkey's lira currency pulled out of a nosedive, reversing a broader emerging markets selloff for the time being. Brazil's benchmark Bovespa index climbed 0.71 percent in morning trade, while Mexico's IPC was up 0.6 percent. Currency markets were mixed in the region, with currencies...

  • SOUTHWEST AIRLINES LIMITS EMOTIONAL SUPPORT ANIMALS TO ONLY CATS AND DOGS AND ONE PER CUSTOMER.

  • NEW YORK, Aug 14- Americans' borrowing reached $13.29 trillion in the second quarter, up $454 billion from a year ago, marking a 16th consecutive quarter of increases, a New York Federal Reserve report released on Tuesday showed. The level of U.S. consumer debt was $618 billion higher than the previous peak of $12.68 trillion in the third quarter of 2008.

  • SOUTH KOREA IMPORTS 788,651 T OF IRAN CRUDE IN JULY VS 1.4 MLN T YR AGO- CUSTOMS.

  • SOUTH KOREA IMPORTS 12.9 MLN T OF CRUDE IN JULY VS 12.4 MLN T YR AGO- CUSTOMS.

  • SEOUL, Aug 15- South Korea imported 788,651 tonnes of crude oil from Iran in July, down 43.5 percent from a year ago, preliminary data from Korea Customs Service showed on Wednesday. Final data for South Korea's crude oil imports last month will be published by state-run Korea National Oil Corp later the month. The KNOC data is considered the industry standard for...

  • "The Treasury market is reacting to recovering global risk," said Gennadiy Goldberg, senior interest rates strategist at TD Securities in New York. "We're still watching Turkey as we don't expect things to get resolved overnight, so the market is cautious a little bit. In retaliation to trade moves by the United States, President Tayyip Erdogan said on Tuesday that...

  • COPENHAGEN, Denmark— British Foreign Secretary Jeremy Hunt says "we need a change in approach by the European Commission if we are going to have a pragmatic deal that works for everyone" as talks about Britain leaving the European Union have stalled. The talks are stuck amid feuding about how close an economic relationship Britain should seek with the bloc after...

  • Yum China, which had a market cap of $13 billion as of its closing price on Monday, was spun off from the KFC and Pizza Hut owner Yum Brands! Chinese investment firm Hillhouse Capital Group is planning to lead a consortium to buy the KFC and Pizza Hut operator in China, said four of the people. The report said Chinese sovereign fund China Investment Corp and DCP Capital,...

  • Getting your first credit card is like moving into your first apartment: It's exciting, empowering— and, once you get used to it, pretty underwhelming. Your first time out, "you're not going to have a credit card that is going to have a high limit," says Paul Golden, spokesman for the National Endowment for Financial Education. "It's not going to have great benefits or...

  • Aug 14- Biotechnology company Aridis Pharmaceuticals Inc rose as much as 5.4 percent to $13.70 in its U.S. market debut on Tuesday, joining a host of other small-cap biotechs that have gone public this year. Shares opened at $13.02, above the initial public offering price of $13 per share. 60 IPOs have raised a combined $13.1 billion in the second quarter of this...

  • PARIS/ HAMBURG, Aug 14- Scorching weather that parched farmland across northern Europe has also stressed sugar beet plants and could push yields in the European Union's harvest well below last year's bumper levels. The EU's executive had already projected a fall in sugar production in 2018/ 19 after heavy rain delayed spring planting, and a hot summer in top...

  • *China's domestic demand slowing further. *China growth-boosting moves will take time to kick in. With its trade war with the United States threatening to pile more pressure on China's economy, Beijing on Tuesday reported downbeat economic data, rolled out a $14 billion urban railway plan and pushed local governments to speed up issuance of special bonds for...

  • FERGUSON, Mo.— Edward Monser, who has been president of Emerson Electric since 2010, will retire on Oct. 1. The technology and engineering company announced Monser's retirement Tuesday and said his replacement will be Michael Train, who has worked for Emerson for nearly four decades and has led its Automation Solutions business since 2016..

  • "They're almost functioning like social media editors, figuring out what the trending topics are in the U.S. and figuring out where they can insert themselves," said Jennifer Grygiel, a communications professor at Syracuse University. The removed pages share "moralistic language" and appeal to emotions, said Jay Van Bavel, a New York University psychology...

  • SURREY, British Columbia _ Kelso Technologies Inc. on Tuesday reported a loss of $163,000 in its second quarter. On a per-share basis, the Surrey, British Columbia- based company said it had a loss of less than 1 cent. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Musk said on Monday he had held talks with a Saudi sovereign fund on a buyout that would take Tesla off the Nasdaq exchange- an extraordinary move for what is now the United States' most valuable automaker, worth more than $60 billion. The committee, made up of Tesla independent directors Brad Buss, Robyn Denholm and Linda Johnson Rice, will wade into a deal that has...