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  • The Republican president's move to circumvent Congress represented an escalation in his efforts to make good on a 2016 presidential campaign pledge to build a wall to halt the flow into the country of illegal immigrants, whom Trump says bring crime and drugs. The funding bill represents a legislative defeat for him since it contains no money for his proposed...

  • MEXICO CITY, Feb 15- Mexico will inject $3.6 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade, although investors saw the plan as only a short-term fix. It now holds roughly $106 billion in financial debt, the highest of any national oil company in Latin America.

  • New hospital payment terms from Medicare, the federal government healthcare program for the elderly and disabled, are expected later in the year. "Today's proposed coverage decision would improve access to this therapy while deepening CMS's understanding of how patients in Medicare respond to it," CMS Administrator Seema Verma said in a statement.

  • *Optimism that U.S., China will reach trade deal. NEW YORK, Feb 15- U.S. Its not been a trend of weaker or stronger that can really push the market one way or another, thats why I think were kind of sitting here and waiting, said Justin Lederer, an interest rate strategist at Cantor Fitzgerald in New York.

  • *U.S.- China trade talks to continue next week. NEW YORK, Feb 15- Wall Street rallied on Friday on growing hopes the United States and China can hammer out an agreement resolving their protracted trade war. Talks between the United States and China will resume in Washington next week, with both sides saying progress has been made toward resolving the two countries'...

  • WASHINGTON/ MUNICH, Feb 15- The United States ratcheted up pressure on Venezuelan President Nicolas Maduro on Friday by sanctioning some of his top security officials and the head of the state oil company, and unveiling plans to airlift over 200 tons of aid to the Colombian border. The steps are part of a wider effort by the United States to undermine Maduro, whose...

  • Soybeans climbed on optimism about U.S. trade negotiations with China, the world's top soy importer, while corn futures were little changed. As of 12:53 p.m. CDT, Chicago Board of Trade March wheat was down 3-3/ 4 cents at $5.03-1/ 2 per bushel, after falling to $4.99-1/ 4, the contract's lowest level in more than a year and the lowest for a most-active contract since...

  • NEW YORK, Feb 15- Citi Research's gauge on U.S. economic data surprises fell 40.7 points this week for its biggest weekly decline since June 2011, as the latest data on retail sales and factory output fell far short of market expectations. The Citi barometer, which measures whether U.S. economic data come in weaker or stronger than analysts forecast, is monitored by...

  • NEW YORK/ LONDON, Feb 15- Raw sugar futures on ICE rose on Friday, as higher oil prices helped lift the March contract to its highest in nearly a month, and New York cocoa also climbed to a one-month high. March raw sugar settled up 0.53 cent, or 4.2 percent, at 13.14 cents per lb as the market, after touching 13.25, its highest since Jan. 16. *Earlier this week, India hiked the...

  • *U.S.- China trade talks to resume in Washington next week. NEW YORK, Feb 15- Oil prices climbed more than 2 percent on Friday after an outage at Saudi Arabia's offshore oilfield boosted investor expectations for tightening supply. The international Brent crude benchmark rose $1.51, or 2.3 percent, to $66.08 a barrel, the highest since November 2018, by 12:34 p.m....

  • The Republican president's move to circumvent Congress represented a new approach to making good on a 2016 presidential campaign pledge to halt the flow of undocumented immigrants into the country, whom Trump says bring crime and drugs. He was also expected later on Friday to sign a bipartisan government spending bill Congress approved on Thursday that...

  • ORLANDO, Fla., Feb 15- NASA said on Friday it was weighing an option to buy two additional astronaut seats aboard a Russian rocket as a contingency plan against further delays in the launch systems being developed by Elon Musk's SpaceX and Boeing Co.. The U.S. space agency has since had to rely on Russia's Roscosmos program to ferry astronauts to the orbital space...

  • NEW YORK, Feb 15- The number of U.S. homeowners who fell behind on their mortgage payments dropped to the lowest levels in 18 years in the final quarter of 2018, the Mortgage Bankers Association said on Friday. On the other hand, the number of homeowners who saw their loans go into foreclosure rose slightly in the prior quarter, the Washington- based industry group...

  • The Republican president's move circumventing Congress represented a new approach to a 2016 presidential campaign pledge to halt the flow of immigrants into the country, which Trump maintains spreads crime and drugs. Trump made no direct mention in his Rose Garden comments of the funding bill, which represents a legislative defeat for him since it contains...

  • Thanks to a shale boom, the United States became the world's top crude producer last year and record output is expected to rise 1.5 million barrels per day to 12.4 million bpd this year, the U.S. Energy Information Administration said in a monthly forecast on Tuesday. The International Energy Agency warned in its monthly report this week that the global oil...

  • *U.S.- China trade talks to continue next week. Feb 15- Wall Street's main indexes were set on Friday to post their biggest weekly gain in nearly a month, as investors were optimistic about the ongoing trade talks to resolve a bruising tariff dispute between the United States and China. President Donald Trump said talks with China "are going extremely well," and the...

  • BRASILIA, Feb 15- Six major commodities traders, including Cargill Inc and Bunge Ltd, have agreed to a common mechanism to monitor soybean supply chains for deforestation in Brazil's vast Cerrado savannah, according to a statement on Friday. The Cerrado covers roughly a quarter of Brazil's territory, the nation's second-largest biome after the Amazon...

  • PRO-BREXIT MEMBERS OF UK PM MAYS GOVERNMENT WILLING TO ACCEPT FIVE-YEAR LIMIT ON BACKSTOP- BLOOMBERG, CITING SOURCES.

  • *Russia detains prominent U.S. private equity executive. MOSCOW, Feb 15- Michael Calvey, the U.S. founder of one of Russia's biggest private equity firms, denied allegations of fraud in a Moscow court on Friday but a judge ordered him to be detained for 72 hours, a move that could raise concerns among foreign investors. Calvey's detention came as Russia hosted an...

  • Thanks to a shale boom, the United States became the world's top crude producer last year and record output is expected to rise 1.5 million barrels per day to 12.4 million bpd this year, the U.S. Energy Information Administration said in a monthly forecast on Tuesday. The International Energy Agency warned in its monthly report this week that the global oil...