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  • WASHINGTON, Aug 16- The United States warned Turkey on Thursday to expect more economic sanctions unless it hands over detained American pastor Andrew Brunson, as relations between the two countries took a further turn for the worse. The United States and Turkey have exchanged tit-for-tat tariffs in an escalating attempt by Trump to induce Turkish President...

  • NEW YORK/ BOSTON Aug 16- OxyContin maker Purdue Pharma LP has tapped law firm Davis Polk& Wardwell LLP for financial restructuring advice, as its potential liabilities swell with a wave of lawsuits over the opioid addiction epidemic sweeping the United States, people familiar with the matter said on Thursday. According to the U.S. Centers for Disease Control and...

  • VANCOUVER, Aug 16- Canada's energy regulator on Thursday said it had given the go-ahead for the construction of a large portion of the Trans Mountain expansion project, which will nearly triple capacity on the oil pipeline from Alberta to a Vancouver area port. Kinder Morgan Canada, which announced a deal to sell the project to the Canadian government in May,...

  • LONDON, Aug 17- Vaping rules should be relaxed to allow the promotion of e-cigarettes as tools to help tobacco smokers quit, British lawmakers said on Friday. This could include prescribing medically licensed e-cigarettes to assist smoking cessation efforts. "Concerns that e-cigarettes could be a gateway to conventional smoking, including for young...

  • Aug 16- Nvidia Corp shares fell as much as 5 percent in after-hours trading on Thursday after the chip maker said cryptocurrency-fueled demand had dried up and it forecast sales below Wall Street targets, overshadowing quarterly results that otherwise beat expectations. Nvidia previously had forecast sales for cryptocurrency chips for the fiscal second...

  • TOKYO, Aug 17- Business confidence among Japanese manufacturers was at its highest in seven months in August thanks to a firm global economy, a Reuters poll showed on Friday, but the service sector's mood hit its lowest since 2016, casting doubt on the robustness of domestic demand. In the Reuters poll of 483 large- and mid-sized companies, some exporters of cars...

  • SAO PAULO, Aug 16- Mexicans stocks fell to a six-week low, hit by losses in cement company Cemex, and Brazilian equities dipped on Thursday, while the pesos of Mexico and Colombia bounced back from steep losses sparked by jitters due to the slump in Turkey's lira. "The market is volatile because we are nearing a very uncertain presidential vote," said Marcelo Mesquita...

  • WASHINGTON, Aug 16- The United States warned Turkey on Thursday to expect more economic sanctions unless it hands over detained American pastor Andrew Brunson, as relations between the two countries took a further turn for the worse. The United States and Turkey have exchanged tit-for-tat tariffs in an escalating attempt by Trump to induce Turkish President...

  • BOSTON, Aug 16- A federal judge on Thursday ruled prosecutors could not retry three former employees of a firm that advises companies on shareholder votes who were accused of using bribes to learn how a proxy advisory firm's investor clients voted. District Judge Richard Stearns in Boston barred prosecutors from retrying three former employees of Georgeson...

  • SYDNEY, Aug 17- An Australian teenager has pleaded guilty to hacking into the main computer network of technology giant Apple Inc, downloading big internal files and accessing customer accounts, because he was a fan of the company, local media reported. The boy, 16, from Melbourne city, broke into the United States company's mainframe from his suburban home many...

  • Aug 16- Applied Materials Inc, the world's largest supplier of equipment used to make chips, forecast current-quarter profit and revenue below Wall Street estimates, adding to fears that a two-year chip boom may be losing steam. "As foundry customers optimize existing capacity, they have trimmed their capital spending plans for the year," Chief Executive...

  • For 2018, the Seattle, Washington- based company expects an adjusted profit of $3.50 to $3.65 per share, compared with its previous forecast of $3.35 to $3.55. Penney Co Inc shares sank below $2 for the first time after it said it had alienated core middle-aged customers while chasing millennial buyers, and the venerable brand forecast an unexpectedly large...

  • Days after an AP investigation, Google has changed a help page that erroneously explained how its "Location History" setting works. The page now acknowledges that Google still tracks user location even if they turn the setting off. On Monday, The Associated Press revealed that several Google apps and websites store user location even if users have turned off...

  • WASHINGTON, Aug 16- Leaders from both parties on a powerful Senate committee vowed on Thursday to push back if President Donald Trump moves ahead with plans to bypass Congress and roll back billions of dollars from the U.S. foreign aid budget, including funds for programs in Syria and the West Bank and Gaza. The rescission process cuts money that has been...

  • NEW YORK— Federal homeland security agents seized a large haul of counterfeit luxury handbags, wallets and belts smuggled through ports in the New York-city area and Los Angeles, officials said Thursday. The majority of items from China were smuggled in 20 shipping containers through the Port of New York and New Jersey, authorities said. Court papers said they...

  • Energy Secretary Rick Perry praised the goal set out by Mexico's incoming president to end massive gasoline and diesel imports, nearly all of which come from the United States, as a measure that will boost prosperity in its southern neighbor. So far this year, Mexico has imported an average of 1.19 million barrels per day of fuel including gasoline and diesel,...

  • FOUR PLANES MAKE EMERGENCY LANDINGS IN CHILE, PERU AND ARGENTINA DUE TO BOMB THREATS- CHILEAN CIVIL AVIATION AUTHORITY.

  • VANCOUVER, Aug 16- Canada's energy regulator on Thursday said it had given the go-ahead for the construction of a large portion of the Trans Mountain expansion project, which will nearly triple capacity on the oil pipeline from Alberta to a Vancouver area port. The National Energy Board said all conditions had been met for construction to go ahead on Segments...

  • NEW YORK, Aug 16- Stock exchange operator IEX Group has withdrawn a stalled proposal with U.S. regulators for a new corporate listings program in partnership with a Silicon Valley- based startup aimed at promoting long-term growth ahead of short-term profits. IEX, which in March asked the U.S. Securities and Exchange Commission to let the Long-Term Stock...

  • Trade Representative Robert Lighthizer on Thursday expressed hope a breakthrough could be made in coming days on reworking the NAFTA trade deal, though his Mexican counterpart said flexibility was needed to reach agreement. President Donald Trump on how talks were progressing during a U.S. cabinet meeting at the White House. Trump himself said he was in "no...