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Wires

  • Aug 22- Avianca Chief Executive Hernan Rincon said on Tuesday he expects the Colombian airline to become one of only two major international carriers connecting the Latin American region with global destinations. Rincon said in an interview with Reuters in New York that the airline is working to boost its presence in Argentina and Mexico, where parent...

  • WASHINGTON, Aug 22- The U.S. Commerce Department on Tuesday made a preliminary finding that imports of biodiesel from Indonesia and Argentina were subsidized, a U.S. industry lobby group said. The National Biodiesel Board Fair Trade Coalition said in a statement that the department would impose countervailing duties ranging from 50.29 percent to 64.17...

  • MAKES INITIAL FINDING BIODIESEL IMPORTS FROM ARGENTINA AND INDONESIA SUBSIDIZED, SETS COUNTERVAILING DUTIES OF UP TO 68.28 PCT- NATIONAL BIODIESEL BOARD.

  • NEW YORK, Aug 22- The dollar rallied on Tuesday after falling for two straight days, benefiting from the euro's decline following weaker-than-expected euro zone data as well as investors adjusting positions ahead of a global central bankers' conference this week. "The heavy short positioning on the dollar and some of the foreign growth momentum stabilizing,...

  • SAO PAULO, Aug 22- The Brazilian government's decision to privatize Centrais Elétricas Brasileiras SA could have negative implications for the ratings of the country's largest power utility because the process introduces uncertainty over state support, Moody's Investors Service said on Tuesday. In a statement, Moody's senior analyst Cristiane Spercel...

  • RIO DE JANEIRO, Aug 22- Brazilian prosecutors on Tuesday charged Aldemir Bendine, the former chief executive of state-controlled oil firm Petroleo Brasileiro SA, with corruption, alleging he used his position to take bribes from construction firm Odebrecht. Bendine served as CEO of Petrobras, as the company is formally known, between 2015 and 2016, and was...

  • An attorney for Greenpeace says a lawsuit filed against it and other environmental groups by the developer of the Dakota Access pipeline is meritless. Texas- based Energy Transfer Partners alleges that the groups' actions opposing the pipeline to move North Dakota oil to Illinois interfered with its business, facilitated crimes and acts of terrorism,...

  • Senate Majority Leader Mitch McConnell said on Monday that there was "zero chance" that the United States will fail to raise the debt ceiling, allaying concerns that the United States is poised to default on its debt. "Most of the investors that were on the sidelines just needed a little bit of a flare gun that was positive to say that these next few weeks, were going to...

  • Aug 22- Private equity firm Blackstone Group LP is exploring an initial public offering of Gates Global LLC, three years after it acquired the U.S. auto parts and building products maker for $5.4 billion, people familiar with the matter said on Tuesday. Based in Denver, Colorado, Gates manufactures power transmission belts and fluid power products used in...

  • BRASILIA/ RIO DE JANEIRO, Aug 22- Brazil's plan to privatize power holding company Centrais Elétricas Brasileiras SA could help lure investment into the industry rather than simply help cut the budget deficit, officials said on Tuesday as the move sparked a surge in shares of state-controlled firms. The transaction should be concluded by mid-2018, and could...

  • Aug 22- Warren Buffett's failure to clinch a $9 billion takeover of the Texas utility Oncor prompted S&P Global Ratings on Tuesday to say the billionaire's Berkshire Hathaway Inc is no longer at risk of a credit rating downgrade. S&P affirmed Berkshire's "AA" rating, its third-highest grade, with a "stable" outlook after Sempra Energy struck an agreement with...

  • PARIS, Aug 22- Former French prime minister Francois Fillon, whose bid for the presidency this year was derailed by scandal, will join French investment firm Tikehau Capital as a partner, the company said on Tuesday. Ignoring calls from some allies to stand down, Fillon crashed out of the election in a first round of the presidential vote, which centrist Emmanuel...

  • BRASILIA, Aug 22- Brazil's government expects Congress to approve its new fiscal targets on Aug. 29 after reaching an agreement with legislators to rescind some presidential vetoes to a budget law, a government coalition leader in Congress said on Tuesday. The compromise illustrates Temer's efforts to keep his coalition united in Congress after blocking...

  • *Libya's Sharara field reopens after repeated disruptions-sources. NEW YORK, Aug 22- Oil inched up on Tuesday, lifted by expectations of another crude stockpile drawdown in the United States but price gains were limited amid the reopening of Libya's largest oil field. Libya's Sharara oil field was gradually reopening after its latest shutdown, field workers...

  • CHICAGO, Aug 22- The sale of up to $6 billion of bonds by Illinois to shrink its enormous unpaid bill backlog, an action the governor has yet to take, could protect the state from a credit rating downgrade to junk, S&P Global Ratings said on Tuesday. "Therefore, the state may realize net fiscal savings which we believe Illinois can ill-afford to pass up given its...

  • CARACAS/ BOGOTA, Aug 22- Relations between Caracas and Washington are at their lowest point ever, Venezuela's President Nicolas Maduro said on Tuesday in a speech at the presidential palace for international media that was televised to the nation. "Unfortunately we are in the worst moment of the relationship with the government of the United States," said Maduro.

  • Aug 22- Energy Transfer Partners LP on Tuesday filed a lawsuit against Greenpeace and other environmental groups, accusing them of launching an "eco-terrorism" campaign aimed at blocking the Dakota Access Pipeline, the center of months of opposition by Native American and green groups. The pipeline operator alleged that Greenpeace, Earth First and other...

  • HOUSTON, Aug 22- Chevron Corp Chief Executive John Watson will step down by next month and likely be replaced by Vice Chairman Mike Wirth, a source familiar with the matter told Reuters on Tuesday. Watson, an economist by training, rose through the company's ranks, served as its chief financial officer, and earlier oversaw the integration of Texaco operations...

  • Breakfast at Tiffany's by Truman Capote, narrated by Michael C. Hall. The Next Always: Inn BoonsBoro Trilogy, Book 1 by Nora Roberts, narrated by MacLeod Andrews. Before We Were Yours: A Novel by Lisa Wingate, narrated by Emily Rankin and Catherine Taber.

  • NEW YORK— Panera Bread will start listing the amount of added sugar and calories on the cups for seven drinks, including cola and iced teas. Panera said the new cups will be available in eight cities this week, including New York, Chicago and St. Louis. CEO Ron Shaich said the cups list the amount of added sugar in teaspoons instead of grams because it's less confusing.