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  • BERLIN— The European Union's budget commissioner says he hopes Italy's prospective new government will master a "big learning curve," and cautions that the eurozone's rescue fund wouldn't be able to stabilize the country. Law professor Giuseppe Conte is trying to form a government of two populist parties. EU budget chief Guenther Oettinger told Germany's...

  • YAVUZLAR, Turkey— Farmer Abdulkadir Cekic was already struggling to make a living, snowed under by a bank loan he took out for the purchase of a 130,000- euro harvesting machine. The lira has lost more than 20 percent of its value against the dollar since the start of the year, hurting many in Turkey, especially small business owners like Cekic who rely on imported...

  • BRUSSELS, May 26- EU Brexit negotiator Michel Barnier warned Britain on Saturday that failing to agree a deal on the governance of a withdrawal treaty which preserves the primacy of the EU court would mean no treaty and no transition period. In remarks prepared for delivery in Portugal, Barnier also described British delays in spelling out what kind of trade...

  • *Kenya adopted mobile money system in 2007. NAIROBI, May 25- Kenya built a reputation as a pioneer of financial inclusion through its early adoption of a mobile money system that enables people to transfer cash and make payments on cellphones without a bank account. As it was for mobile cash, Kenya is something of a test case for the new lending platforms.

  • *Kenya adopted mobile money system in 2007. NAIROBI, May 25- Kenya built a reputation as a pioneer of financial inclusion through its early adoption of a mobile money system that enables people to transfer cash and make payments on cellphones without a bank account. As it was for mobile cash, Kenya is something of a test case for the new lending platforms.

  • The incidents happened since April between the key commercial port of Veracruz and central Mexico. The state of Veracruz on Mexico's Gulf coast has suffered a wave of violence in recent years as drug cartels seeking to diversify their income streams branch into fuel theft and assaults on trains and trucks. Shares in the company's Grupo Mexico Transportes...

  • WASHINGTON— Senior Environmental Protection Agency officials have been working closely with a conservative group that dismisses climate change to rally like-minded people for public hearings on science and global warming. John Konkus, EPA's deputy associate administrator for public affairs, repeatedly reached out to senior staffers at the Heartland...

  • MELBOURNE, May 26- National Australia Bank on Saturday suffered what it described as a "nationwide outage" to some of its technology systems, leaving customers unable to access banking services or withdraw money. "We're sorry and it's not good enough... but we'll get it fixed as soon as possible," Chief Customer Officer Business and Private Banking Anthony Healy said...

  • The reported deal involving Chinas second-largest telecommunications equipment maker ran into immediate resistance in Congress, where Democrats and Trump's fellow Republicans accused him of bending to pressure from Beijing to ease up on a company that U.S. intelligence officials have suggested poses a significant risk to U.S. national security.

  • SAN FRANCISCO, May 25- Tesla Inc on Friday asked a court to dismiss a securities fraud lawsuit by shareholders who said the electric vehicle maker gave false public statements about the progress of producing its new Model 3 sedan. In a filing in federal court in San Francisco, Tesla said that its statements about the challenges the company faced with Model 3 were "...

  • Federal Reserve Today in Washington. 28- May Italy Zero-coupon/BTPi auction 29- May Italy Bills auction 29- May Japan Auction of 40- year government bonds 30- May Italy Medium-long term auction 30- May Sweden Auction of government bonds 30- May Norway Auction Treasuries 31- May Japan Auction of 2- year government bonds. 1- Jun Japan 3- month discount bill...

  • **FRANKFURT- Keynote speech by European Central Bank executive board member Yves Mersch on "The Continental Perspective" at Frankfurt Finance Summit 2018 organised by Frankfurt Main Finance e.V. FRANKFURT- ECB board member Sabine Lautenschlager speaks about monetary policy in Frankfurt 1530 GMT. FRANKFURT- The European Central Bank releases monthly data on...

  • JUNEAU, Alaska— The Latest on a proposed copper-and-gold mine in southwest Alaska:. Tom Collier is CEO of the Pebble Limited Partnership, which is owned by Northern Dynasty Minerals Ltd. Those entities want to develop the Pebble mine. Mine developer Northern Dynasty Minerals Ltd. says it was unable to finalize an agreement with First Quantum Minerals Ltd., the...

  • NEW YORK, May 25- A South Carolina jury on Friday could not agree on a verdict in a case of a woman whose family said her long-term use of Johnson& Johnson's Baby Powder led to her death from asbestos-related cancer, resulting in a mistrial. The case of Bertila Boyd-Bostic, who died of a rare form of cancer in 2017 at the age of 30, is the latest in a series of trials in the...

  • PANAMA CITY, May 25- Negotiations over a free trade agreement between Panama and China will begin in July, Panama's trade and industry minister said on Friday, just a year after the two nations established diplomatic relations. China has been expanding its influence across Latin America, and Panama is seeking to attract new investment and boost re-exports of...

  • OTTAWA, May 25- Canadian Prime Minister Justin Trudeau spoke with U.S. In a brief statement about the call, the White House said the two leaders discussed NAFTA and other trade and economic issues. Mexico's economy minister said on Friday there was about a 40 percent chance of concluding the NAFTA talks before Mexico's presidential election on July 1.

  • NEW YORK, May 25- A South Carolina jury on Friday could not agree on a verdict in a case of a woman whose family said her long-term use of Johnson& Johnson's Baby Powder led to her death from asbestos-related cancer, resulting in a mistrial. The case of Bertila Boyd-Bostic, who died of a rare form of cancer in 2017 at the age of 30, is the latest in a series of trials in the...

  • TORONTO _ Pelangio Exploration Inc. on Friday reported a first-quarter loss of $389,000, after reporting a profit in the same period a year earlier. On a per-share basis, the Toronto- based company said it had a loss of less than 1 cent. This story was generated by Automated Insights using data from Zacks Investment Research.

  • As with a similar announcement earlier in the week, the proposed deal ran into immediate resistance in Congress, where Democrats and Trump's fellow Republicans accused him of bending to pressure from Beijing to ease up on a company that allegedly poses a significant risk to U.S. national security. ZTE was banned in April from buying U.S. technology components...