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  • CARACAS, May 23- The 11 executives of Venezuela's top bank, Banesco SA, arrested earlier this month for allegedly "attacking" the OPEC member country's rapidly weakening currency, have been released, chief prosecutor Tarek Saab said on Wednesday. Zapatero was in Venezuela on President Nicolas Maduro's invitation to oversee Sunday's strongly criticized...

  • LONDON, May 23- Iran's top leader set out seven conditions on Wednesday for Tehran to stay in its nuclear deal with world powers, including steps by European banks to safeguard trade with Tehran after the U.S. withdrawal from the pact. Ayatollah Ali Khamenei's official website said that he also stipulated European powers must protect Iranian oil sales from U.S....

  • OSLO, May 23- Norway's $1 trillion wealth fund voted against a motion at Shell's annual meeting urging the energy giant to set climate targets, despite a push the fund is making for more firms to do so. Long-term investors with $10.4 trillion of assets under management, including banks BNP Paribas and HSBC, had called on Shell to set firm carbon emission targets in...

  • NEW YORK, May 23- General Electric Co cannot guarantee its 2019 dividend and is still fixing its power and capital units, Chief Executive John Flannery said on Wednesday, sending the industrial conglomerate's stock down nearly 8 percent. "It's ultimately a function of the free cash flow of the company and that's ultimately a function of operating performance...

  • NEW YORK, May 23- Top officials from the U.S. Environmental Protection Agency and the departments of Energy and Agriculture plan to meet on Thursday to hammer out details of President Donald Trump's planned changes to the nation's biofuel laws, according to two sources familiar with the matter. Trump has told some lawmakers he wants to do so by expanding sales of...

  • BOSTON— The 171- year-old candy maker known for its chalky Necco Wafers and those little inscribed hearts that are everywhere on Valentine's Day was up for grabs in bankruptcy court Wednesday. "They're a crowd favorite," said Chris Baker, who sells Necco candies at his Old Country Store& Emporium in Mansfield, Massachusetts. Necco's court-appointed bankruptcy...

  • May 23- New Jersey Governor Phil Murphy signed several legislative initiatives on Wednesday to advance the state's clean energy goals, including a controversial bill that would subsidize the continued operation of nuclear power plants. Plants seeking to participate in the program would be required, among other things, to demonstrate that they make a...

  • WASHINGTON, May 23- Most Federal Reserve policymakers thought it likely another interest rate increase would be warranted "soon" if the U.S. economic outlook remains intact, minutes of the central bank's last policy meeting showed. Fed policymakers at the May 1-2 meeting decided, as expected, to keep the benchmark overnight lending rate unchanged in a target...

  • May 23- U.S. businesses borrowing to spend on capital goods was little changed in April from a year earlier, the Equipment Leasing and Finance Association said. The Washington- based trade body, which reports economic activity for the $1 trillion equipment finance sector, said credit approvals totaled 76.2 percent in April, up from 75.2 percent in March.

  • IRAN'S SUPREME LEADER SAYS EUROPEAN BANKS SHOULD SAFEGUARD TRADE WITH TEHRAN- OFFICIAL WEBSITE.

  • AVAZA, Turkmenistan, May 23- Turkmenistan plans to secure within a few months all the necessary funding to complete the construction of an $8 billion natural gas pipeline to Afghanistan, Pakistan and India, the project's chief executive said on Wednesday. The Central Asian nation is building the TAPI pipeline to diversify its gas exports, which have mostly gone...

  • IRAN'S SUPREME LEADER SAYS EUROPE MUST PROMISE IT WOULD NOT SEEK NEGOTIATIONS OVER IRANS MISSILE PROGRAMME AND REGIONAL ACTIVITIES.

  • PORTLAND, Maine— Authorities in Maine say they're shutting down the state's highly lucrative baby eel fishery early this year due to concerns about illegal sales. Fishermen seek the elvers in Maine because of the fish's role as seed stock in Asian aquaculture. The Maine Department of Marine Resources says it's shutting down the fishery Thursday, which is two...

  • NEW YORK/ LONDON, May 23- Gold prices rose on Wednesday as the U.S. dollar backed off its highs against a basket of currencies while investors interpreted minutes from the U.S. Federal Reserve's latest policy meeting as dovish. However sentiment was dovish, said Bob Haberkorn, senior market strategist at RJO Futures.

  • *Trump says trade talks with China need "different structure". NEW YORK, May 23- Global stocks pared losses and the dollar cut gains on Wednesday after the release of minutes from the Federal Reserve's May 1-2 meeting amid heightened concerns that setbacks to U.S.- China trade talks would undermine world economic growth. The remarks came a day after Trump said he...

  • MEXICO CITY, May 23- Mexico's central bank could raise interest rates or step up currency intervention if the peso continues to depreciate, according to a Reuters survey of analysts conducted in the last week. Mexico's central bank held its benchmark interest rate steady at 7.50 percent on Thursday, and policymakers warned that uncertainty surrounding trade...

  • MADRID, May 23- The Spanish government got parliamentary approval on Wednesday for its 2018 budget after the Basque Nationalist Party lent its support, avoiding delays some had feared would be caused by the political stand-off in Catalonia. Spain, which has a deficit target for 2018 of 2.2 percent of economic output, expects its economy to grow 2.7 percent this...

  • IRAN'S SUPREME LEADER SETS 7 CONDITIONS FOR EUROPEAN NATIONS IF THEY WANT TEHRAN TO REMAIN IN NUCLEAR DEAL- OFFICIAL WEBSITE.

  • SAN FRANCISCO, May 23- Uber has shut down its self-driving car operation in Arizona two months after a fatal crash involving one of its vehicles, the company said on Wednesday. Uber Technologies Inc is not shuttering its entire autonomous vehicle program, a spokeswoman said, adding that it will focus on limited testing in Pittsburgh, Pennsylvania, and two cities...