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Wires

  • LONDON, Feb 20- Euro zone government bond yields edged higher across the board on Tuesday as market speculation swirled over the next European Central Bank chief at a time when monetary policy is the main threat for bond markets. Euro zone finance ministers on Monday chose Spanish Economy Minister Luis de Guindos to succeed ECB Vice President Vitor Constancio...

  • LONDON— Chicken is still as scarce as hen's teeth at KFC's British outlets. KFC says about 470 of the fried chicken chain's 900 U.K. restaurants remained closed Tuesday because of a chicken shortage. The company says the disruption started last week, when it changed its delivery provider to DHL.

  • Shares of Home Depot, which raised its quarterly dividend by 15.7 percent to $1.03 per share, were up about 1.4 percent at $189.55 in morning trading. That has encouraged homeowners to buy new homes or remodel existing ones, benefiting Home Depot and smaller rival Lowe's Cos Inc.. "The U.S. economy is strong and tax reform is net positive for the housing industry,"...

  • JOHANNESBURG, Feb 20- The South African rand slipped on Tuesday, retreating from last week's three-year high as investors bagged profits ahead of the government's budget speech. South Africa is holding on to its only remaining investment credit rating from Moody's, which is widely expected to use the contents of the budget to decide its next move.

  • GENEVA, Feb 20- South Korea has launched a wide-ranging complaint at the World Trade Organization to challenge the U.S. use of anti-subsidy and anti-dumping duties, citing their use in steel and other sectors, a WTO filing showed on Tuesday.

  • NEW YORK— Gap says the president and CEO of its namesake business is stepping down and it's looking for a replacement. The brand saw improving sales in its fiscal third quarter, but Gap Inc.' s CEO says it needs a new leader to take it to the next level. The San Francisco company also operates Old Navy and Banana Republic stores.

  • JERUSALEM, Feb 20- Israeli police alleged on Tuesday that Benjamin Netanyahu's former spokesman tried to bribe a judge to drop a fraud case against Netanyahu's wife, the latest corruption investigation encircling the long-serving prime minister. Police also named him as someone they had arrested two days earlier in a separate case involving allegations of...

  • JERUSALEM, Feb 20- Israeli police alleged on Tuesday that Benjamin Netanyahu's former spokesman tried to bribe a judge to drop a fraud case against Netanyahu's wife, the latest corruption investigation encircling the long-serving prime minister. Police also named him as someone they had arrested two days earlier in a separate case involving allegations of...

  • JERUSALEM, Feb 20- Israeli police alleged on Tuesday that Benjamin Netanyahu's former spokesman tried to bribe a judge to drop a fraud case against Netanyahu's wife, the latest corruption investigation encircling the long-serving prime minister. Police also named him as someone they had arrested two days earlier in a separate case involving allegations of...

  • JERUSALEM, Feb 20- Israeli police alleged on Tuesday that Benjamin Netanyahu's former spokesman tried to bribe a judge to drop a fraud case against Netanyahu's wife, the latest corruption investigation encircling the long-serving prime minister. Police also named him as someone they had arrested two days earlier in a separate case involving allegations of...

  • DAR ES SALAAM, Feb 20- Foreign-owned banks, insurance companies and law firms could be locked out of Tanzania's mining sector as part of tough new regulations that aim to limit foreign ownership of mining-related activity. Under new regulations the mining ministry passed last month, Tanzania will now make it compulsory for foreign-owned mining groups to...

  • SOUTH KOREA STARTS TRADE COMPLAINT AT WORLD TRADE ORGANIZATION TO CHALLENGE UNITED STATES ANTI-DUMPING AND ANTI-SUBSIDY DUTIES.

  • *ACTIVIST INVESTOR ELLIOTT CAPITAL ADVISORS DISCLOSES SLIGHTLY HIGER 2.3000 PERCENT STAKE IN SKY Source text for Eikon: Further company coverage:.

  • *Overall markets well supported by OPEC production cuts. Brent crude futures were down 65 cents from Monday's close at $65.02 a barrel by 1509 GMT, while U.S. Reduced supply from Canada to the United States caused by pipeline reductions was supporting WTI, traders said.

  • CARACAS, Feb 20- Venezuela is to launch its "petro" cryptocurrency on Tuesday, a move aimed at pulling the country out of an economic tailspin that blockchain experts have warned is unlikely to attract significant investment. President Nicolas Maduro is hoping the petro will allow the ailing OPEC nation to skirt U.S. sanctions as the bolivar currency plunges to...

  • CARACAS, Feb 20- Venezuela is to launch its "petro" cryptocurrency on Tuesday, a move aimed at pulling the country out of an economic tailspin that blockchain experts have warned is unlikely to attract significant investment. President Nicolas Maduro is hoping the petro will allow the ailing OPEC nation to skirt U.S. sanctions as the bolivar currency plunges to...

  • Feb 20- Fiat Chrysler Automobiles NV Chief Executive Officer Sergio Marchionne received about 9.7 million euros in pay and benefits for 2017, the automaker said on Tuesday. The CEO's salary in 2017 was 3.5 million euros and he received a bonus of 6.1 million euros. In addition, for 2017 he received 2.7 million euros in benefits including insurance premiums, tax...

  • RIGA, Feb 20- Latvia's central bank chief was suspended on Tuesday pending an investigation into whether he solicited a bribe, as corruption allegations rocked the financial sector in the Baltic country, a euro zone member with close ties to neighbouring Russia. "I have become the target of some Latvian commercial banks to destroy Latvia's reputation."

  • Houston- based Noble plans to spend $2.8 billion each year through 2020, about 6 percent more than it spent in 2017.. Noble posted quarterly net income of $494 million, or $1.01 per share, compared with a loss of $252 million, or 59 cents per share, a year earlier. If oil prices stay at or above $50 per barrel, Noble said it could generate $1.5 billion in extra cash flow in...

  • The first treatment to help prevent serious allergic reactions to peanuts may be on the way. A company said Tuesday that its daily capsules of peanut flour helped sensitize children to nuts in a major study. California- based Aimmune Therapeutics said 67 percent of kids who had its treatment were able to tolerate the equivalent of roughly two peanuts at the end...