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  • PUNTO FIJO, Venezuela, March 26- Venezuela's main oil export port of Jose and four crude upgraders have been unable to resume operations following a power blackout on Monday, according to industry workers and a union leader close to the facilities. The blackout, Venezuela's second major power outage in a month, left streets mostly empty in the capital Caracas as...

  • While relations between the United States and Cuba have nosedived of late, the old Cold War foes seem able to agree on the need to increase internet access in what has long been one of the Western world's least connected nations. While President Donald Trump has tightened the decades-old U.S. trade embargo on Cuba, he has not eliminated an exception to it...

  • Federal Reserve Today in Washington. 27- Mar United States Sale of 2- year floating rate notes 27- Mar United States Sale of 5- year notes 27- Mar Italy Bills auction 27- Mar Sweden Auction of government bonds 27- Mar Norway Auction of Treasuries 27- Mar Germany Auction of 10- year Federal bonds 28- Mar United States Sale of 7- year notes 28- Mar Italy...

  • PRETORIA- South Africa Reserve Bank starts its three-day monetary policy committee meeting. BEIJING- Governor of the People's Bank of China Yi Gang and Finance Minister Liu Kun speak at the annual Boao Forum. MEXICO CITY- Central Bank of Mexico to publish Monetary policy statement.

  • EXCLUSIVE-CASPER SLEEP INC TO HIRE UNDERWRITERS FOR INITIAL PUBLIC OFFERING-SOURCES.

  • March 26- Casper Sleep Inc, the U.S. online mattress retailer whose investors include actor Leonardo DiCaprio and rapper 50 Cent, is seeking to hire underwriters for an initial public offering, according to people familiar with the matter. New York- based Casper, which was valued at $920 million in its latest private fundraising round in 2017, is planning to...

  • SAO BERNARDO DO CAMPO, Brazil, March 26- Meeting in Brazil this week, auto executives from Toyota to GM talked up traditional fuel sources like ethanol, natural gas and diesel, underlining how South America's protected auto market is likely to resist a broader global move towards electric vehicles for years to come. Even as automakers revamp their global...

  • NEW YORK, March 26- U.S. health insurer Centene Corp is in advanced talks to buy smaller rival WellCare Health Plans Inc, according to two people familiar with the matter, a move that would create a bigger player focused on government-backed health insurance plans. WellCare is more focused on Medicare and Medicaid plans, government healthcare programs for the...

  • PUNTO FIJO, Venezuela, March 26- Venezuela's main oil export port of Jose and the country's four crude upgraders have been unable to resume operations following a massive power blackout on Monday, according to industry workers and a union leader close to the facilities. The blackout, Venezuela's second major power outage in a month, left streets mostly empty in...

  • LOS ANGELES, March 26- Michael Avenatti on Tuesday again proclaimed his innocence on charges he tried to extort millions of dollars from Nike Inc, but in an interview with CBS, admitted he was concerned about doing prison time. Avenatti, 48, was arrested on Monday following two separate indictments, handed down in federal courts in Los Angeles and New York, that...

  • DETROIT, March 26- Wednesday will be a pivotal day for aircraft maker Boeing Co and the federal aviation safety regulators as they try to rebuild trust following two deadly crashes of Boeing 737 MAX airliners. Also on Wednesday in Washington, D.C., a Senate panel plans to question the acting head of the Federal Aviation Administration, the Transportation...

  • March 26- Split decisions on Tuesday by a U.S. government panel in acrimonious patent disputes between iPhone-maker Apple and chip supplier Qualcomm left their battle lines largely unchanged ahead of a U. S Federal Trade Commission ruling and a major trial next month. The International Trade Commission, a government agency empowered to hear disputes over...

  • NEW YORK/ WASHINGTON, March 26- U.S. labor officials on Tuesday pressed lawmakers to strengthen enforcement of the provisions of the United States- Mexico-Canada Agreement intended to protect workers, the latest sign the trade deal could face hurdles to passage in the Democrat-led House of Representatives. "All the NAFTA renegotiation efforts in the world...

  • March 26- Swiss drugmaker Roche will close its manufacturing plant in the Brazilian city of Rio de Janeiro, shuttering operations over the next five years before selling the plot, the company said in a statement on Tuesday. Located in the neighborhood of Jacarepagua, the plant makes products for Latin America and Europe, and currently employees 440 Roche...

  • TOKYO, March 27- In Japan, every emperor's era has its own name- appearing in places such as coins, official paperwork and newspapers- and with abdication coming at the end of April, speculation is swirling about what the new "gengo" will be. Although the Western calendar has become more widespread in Japan, many people here count years in terms of gengo or use the two...

  • CHICAGO, March 26- Yield-hungry investors on Tuesday snapped up more than $1.1 billion of general obligation bonds offered by Illinois and Chicago, two of the U.S. municipal market's most financially troubled issuers. MMD narrowed so-called credit spreads for Illinois, the lowest-rated U.S. state, at a notch or two above junk, due to its huge unfunded pension...

  • NEW YORK, March 26- U.S. health insurer Centene Corp is in advanced talks to buy smaller rival WellCare Health Plans Inc, according to two people familiar with the matter. Centene and WellCare are among the insurers that rely the most on Obamacare's healthcare exchanges and Medicaid expansion for their membership, according to SVB Leerink analyst Ana Gupte.

  • NEW YORK, March 26- Dow Inc will replace DowDuPont Inc in the Dow Jones Industrial Average following the chemical corporation's breakup into three smaller companies, S&P Dow Jones Indices said on Tuesday. The rearrangement of the widely followed blue-chip index of 30 companies would happen on April 2 before the U.S. stock market opens, S&P Dow Jones Indices said...

  • SAN FRANCISCO, March 26- Federal Reserve policymakers need to be vigilant that muted inflation does not become ingrained in their expectations, but the U.S. central bank's patient approach to monetary policy should allow inflation to reassert itself, San Francisco Federal Reserve Bank President Mary Daly said on Tuesday. "Patience is where I'm at right now,"...

  • WASHINGTON, March 26- The U.S. Senate's top Democrat on Tuesday said President Donald Trump's pick for a powerful position at the Federal Reserve lacks the right background for the job. Trump said on March 22 that he would nominate conservative economic commentator Stephen Moore for a seat on the central bank's board of governors, but the president has yet to...