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Wires

  • SYDNEY, Feb 26- Asian markets were in a guardedly upbeat mood on Monday, heading into an event-packed week headlined by U.S. inflation data and the first House testimony by the new head of the Federal Reserve. A modest improvement in risk appetite saw the safe-haven yen lost ground, while MSCI's broadest index of Asia-Pacific shares outside Japan firmed 0.3...

  • Federal Reserve Today in Washington. 26- Feb Italy Bills auction 27- Feb Japan Auction of 2- year government bonds 27- Feb Italy Medium-long term auction 27- Feb Belgium Auction of Treasury bills 28- Feb Germany Auction of 10- year Federal bonds 28- Feb Sweden Auction of Treasury bills. 1- Mar Spain Bond auction 1- Mar United Kingdom Auction of 0 3/ 4% Treasury...

  • WASHINGTON- Federal Reserve Bank of St. Louis President James Bullard gives presentation on the U.S. economy and monetary policy before the National Association for Business Economics conference, "Promoting Sustained Growth: Policy Tensions and Risks"- 1300 GMT. WASHINGTON- Federal Reserve Vice Chair for Supervision Randal Quarles speaks on "A View From the...

  • LONDON, Feb 26- Prime Minister Theresa May will cap the energy bills of 11 million British households for as long as five years under a new law introduced to parliament on Monday, aimed at tackling what she describes as "rip-off" energy prices. The new legislation will force the energy regulator Ofgem to cap electricity and gas prices until 2020 when the regulator...

  • WASHINGTON- Federal Reserve Bank of St. Louis President James Bullard gives presentation on the U.S. economy and monetary policy before the National Association for Business Economics conference, "Promoting Sustained Growth: Policy Tensions and Risks"- 1300 GMT. WASHINGTON- Federal Reserve Vice Chair for Supervision Randal Quarles speaks on "A View From the...

  • TOKYO, Feb 26- Oil prices held little changed near two-week highs early on Monday, supported by comments from Saudi Arabia that it would continue to curb exports in line with the OPEC- led effort to cut global supplies. West Texas Intermediate crude for April delivery was up 2 cents at $63.57 a barrel by 2340 GMT, after rising 3 percent last week.

  • SAO PAULO, Feb 25- The two largest shareholders in Brazilian food processing company BRF SA called on Sunday for an extraordinary shareholders meeting to replace the firm's entire board of directors, following its worst annual results ever. BRF, the world's largest poultry exporter, reported last Thursday a net loss of 1.1 billion reais in 2017, the company's...

  • SAO PAULO, Feb 25- Petros pension fund said on Sunday it was calling on Brazilian food processing company BRF SA to hold an extraordinary shareholders meeting to dismiss the firm's entire board of directors following its worst annual results ever. BRF, the world's largest poultry exporter, reported last Thursday a net loss of 1.1 billion reais in 2017, the...

  • CAMARILLO, Calif.— The average price of a gallon of regular-grade gasoline dropped about 6 cents nationally over the past two weeks, to $2.59. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that it's the first decline since December. Gas in San Francisco was the highest in the contiguous United States at an average of $3.38 a gallon.

  • *Samsung faces competition, lost ground in India, China in Q4. BARCELONA/ SEOUL, Feb 25- Samsung Electronics Co Ltd unveiled its flagship Galaxy S9 smartphone on Sunday with an emphasis on visual applications for social media, hoping to attract tech savvy young consumers to weather a market slowdown. Samsung launched the S9 at the mobile gadget fair in Barcelona,...

  • They have reached out with Instagram-savvy supermodels like Gigi Hadid, styles that incorporate more elements of street-wear and ever-evolving technology, as highlighted with Dolce& Gabbana's clever use of drones during their womenswear show. Tommy Hilfiger took his international road show to Milan, previewing his latest see-now, buy-now collection...

  • *Jens Spahn, critic of Merkel migrant policy, set for cabinet. BERLIN, Feb 25- German Chancellor Angela Merkel said she would promote her most prominent critic from within her conservative party, 37- year old Jens Spahn, to a coalition cabinet, in a sign she has heeded calls for renewal to revive her grumbling party. She said she had put together a young, dynamic team...

  • OSLO, Feb 25- Aluminum producer Norsk Hydro said on Sunday it had found no evidence there had been a spill of waste into the environment from its Alunorte alumina refinery in Brazil's Para state and said the installation was operating as normal. On Friday Brazilian federal and state prosecutors recommended the factory immediately suspend activity at one of...

  • BRASILIA, Feb 25- Boeing Co will have a 51 percent stake in a joint company currently being negotiated with Brazilian aircraft maker Embraer, O Globo newspaper columnist Lauro Jardim reported on Sunday. Boeing has agreed to a Brazilian government demand that the U.S. company have no more than a 51 percent controlling share, Jardim said, without citing sources.

  • BARCELONA/ HELSINKI, Feb 25- Major telecom operators are accelerating their timelines for adopting next-generation 5 G networks by up to a year, boosting Nokia's confidence of an uplift for its own business later in 2018, Chief Executive Rajeev Suri said on Sunday. The mobile network equipment industry, dominated by China's Huawei, Finland's Nokia and...

  • BERLIN, Feb 25- German Chancellor Angela Merkel said on Sunday she would promote her most prominent critic from within her conservative party, Jens Spahn, to a coalition cabinet, in a sign she is heeding calls for renewal. Although she has agreed a deal with the leaders of the Social Democrats for a new "grand coalition", Merkel needs the blessing of both camps to be...

  • SPOKANE, Wash.— Motorists traveling through northern Idaho's Silver Valley will see the signs of a $48 million federal project to keep heavy metals out of the South Fork of the Coeur d'Alene River. It's all part of an effort to get cleaner water in the South Fork and ultimately Lake Coeur d'Alene. Mining left behind lead, arsenic, cadmium and zinc, polluting 160 miles...

  • The possibility of the tribes breaking away from the state-run system is one more challenge for California as it attempts to transform its longstanding medicinal and illegal marijuana markets into a unified, multibillion-dollar industry. Under regulations issued last year, California would retain full control over licensing. California has over 100...

  • Last year's phones cost $100 more than earlier models, and some carriers will sell the Galaxy S9 at even higher prices— about $790 at AT&T, for instance. Analyst Carolina Milanesi warns that while the camera has great improvements, it's competing with already good cameras in earlier Samsung phones. The Galaxy S9 phones were unveiled Sunday in Barcelona, Spain, and...

  • Star Wars: The Force Awakens "set the second weekend record with $149 million in 2015, and" Black Panther "topped the second weekends of 2015' s" Jurassic World "at $106.6 million, and 2012' s" The Avengers "with $103 million. "Black Panther," directed by Ryan Coogler, has caught on with moviegoers this month in a way that few other titles have in Hollywood's recent history--...