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  • TUNIS, Aug 16- Libya's National Oil Corp said arson caused a fire next to a station on Libya's Wafa-Mellitah gas pipeline that was extinguished on Thursday without causing significant damage. The pipeline connects Wafa field, about 540 km southwest of the capital, Tripoli, to the Mellitah complex on Libya's northern coast. It is operated by Mellitah Oil and Gas, a...

  • BUENOS AIRES, Aug 16- Argentina's central bank said on Thursday it hiked reserve requirements by 3 percentage points for the country's largest banks, as it tries to keep its plan for reducing short-term debt from adding to already high inflation. Separately, the central bank has agreed to a $4 billion currency swap with China to boost its reserves, local news...

  • NEW YORK, Aug 16- The U.S. dollar slipped below a 13-1/ 2 month peak on Thursday, while the Chinese yuan recovered from its weakest level since January 2017 on news China and the United States will hold a new round of trade talks later this month. The development between the world's two biggest economies offered hope for investors who have been rattled by tit-for-tat...

  • *Unions say to discuss strike action Aug. 27. PARIS, Aug 16- Air France-KLM named Air Canada executive Benjamin Smith as its new boss on Thursday, opting for an outsider to steer the airline group through a fraught stand-off with unions at its French carrier. "I am well aware of the competitive challenges the Air France-KLM Group is currently facing, and I am convinced...

  • *China, U.S. to hold trade talks this month. NEW YORK, Aug 16- U.S. stocks bounced back on Thursday, with the Dow setting a course for its best day in over four months, as a series of positive earnings and waning trade jitters girded investor confidence. Walmart Inc shares jumped 9.6 after it topped earnings estimates and posted its best same-store sales growth in a...

  • TUNIS, Aug 16- Libya's National Oil Corp said arson caused a fire next to a station on Libya's Wafa-Mellitah gas pipeline that was extinguished on Thursday without causing significant damage.

  • Trade Representative Robert Lighthizer on Thursday expressed hope a breakthrough could be made in the coming days in efforts to rework 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.

  • SAN FRANCISCO, Aug 16- Google's plan to launch a censored search engine in China requires more "transparency, oversight and accountability," hundreds of employees at the Alphabet Inc unit said in an internal petition seen by Reuters on Thursday. They are concerned that by agreeing to censorship demands, Google would validate China's prohibitions on free...

  • RIO DE JANEIRO/ SAO PAULO, Aug 16- A potential ban on the popular herbicide glyphosate in Brazil over concerns it may cause cancer in humans would be a "disaster" for the country's agricultural industry, Agriculture Minister Blairo Maggi said on Thursday. Brazil is the world's top exporter of soy and a major producer and exporter of corn. Brazil's Solicitor...

  • LIBYA'S NATIONAL OIL CORP SAYS FIRE FROM ARSON ATTACK ON LIBYA'S WAFA-MELLITAH GAS PIPELINE EXTINGUISHED, NO SIGNIFICANT DAMAGE CAUSED.

  • *China, U.S. to resume trade talks. NEW YORK, Aug 16- U.S. Treasury yields rose on Thursday after reports of new trade talks between the United States and China boosted risk appetite and reduced demand for safe-haven bonds.

  • 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,...

  • WASHINGTON, Aug 16- U.S. Senate Republicans on Thursday sought to correct a section of President Donald Trump's tax overhaul that threatened to prevent sexual harassment victims from claiming a tax deduction for the legal costs they incur while pursuing their cases. In a letter to Treasury Secretary Steven Mnuchin dated Aug. 16, all 14 Republican members of the...

  • WASHINGTON— The Latest on news that the United States and China are resuming trade talks, raising hopes for the resolution of a dispute between the world's two biggest economies:. White House economic adviser Larry Kudlow says the Chinese economy "looks terrible." Asked by President Donald Trump to assess China's prospects at a cabinet meeting, Kudlow on...

  • *China, U.S. to resume trade talks. NEW YORK, Aug 16- U.S. Treasury yields rose on Thursday after reports of new trade talks between the United States and China boosted risk appetite and reduced demand for safe-haven bonds.

  • *Turkey to navigate US sanctions with Germany, Russia, China. ISTANBUL, Aug 16- Finance Minister Berat Albayrak assured international investors on Thursday that Turkey would emerge stronger from its currency crisis, insisting its banks were healthy and signalling it could ride out a dispute with the United States. Many countries had been the target of similar...

  • WASHINGTON— The chairman of the Federal Communications Commission, an independent agency, says a White House official called to talk about a proposed merger between Sinclair Broadcast Group Inc. and Tribune Media Co.. Ajit Pai told a Senate panel Thursday that Don McGahn, the White House counsel, called for a "status update" on the agency's action on the deal.

  • The Senate has unanimously approved a resolution affirming that "the press is not the enemy of the people." Brian Schatz, of Hawaii, drew on the words of Thomas Jefferson, James Madison and President Ronald Reagan, among others, to champion the role of the free press, which it said is "integral to the democratic foundations of the United States. Newspapers from Maine to...

  • A sales and purchase agreement would boost the chances that Pieridae Energy would decide to build the C $10 billion Goldboro project, which would be the first LNG export terminal on Canada's East Coast. Canada is rich in oil and gas but has yet to export major shipments of LNG to Asia from its West Coast or across the Atlantic from its East Coast.

  • *Turkey to navigate US sanctions with Germany, Russia, China. ISTANBUL, Aug 16- Finance Minister Berat Albayrak assured international investors on Thursday that Turkey would emerge stronger from its currency crisis, insisting its banks were healthy and signalling it could ride out a dispute with the United States. Many countries had been the target of similar...