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  • NEW YORK/ WASHINGTON, Aug 17- U.S. President Donald Trump on Friday said meetings with corporate executives prompted him to ask the U.S. Securities and Exchange Commission to study letting public companies file financial reports every six months instead of every quarter. Half-yearly reporting would mark a huge change in U.S. disclosure requirements and put...

  • *Traders say Russia to consider limits, agriculture ministry denies. CHICAGO, Aug 17- U.S. wheat futures jumped to their highest prices in more than a week on Friday, supported by concerns that Russia may consider curbs on grain exports, traders said. Talk of potential limits on shipments from Russia, the world's top wheat exporter, fueled worries about tightening...

  • PEPSICO'S NOOYI SAYS "COMPANIES HAVE TO BALANCE SHORT-TERM AND LONG-TERM PERFORMANCE"- STATEMENT.

  • BEAN STATION, Tenn.— The owner of a Tennessee meatpacking plant where a federal immigration raid took more than 90 people into custody has agreed to plead guilty to employing unauthorized immigrants. News outlets report James Brantley also agreed to plead guilty to tax evasion and wire fraud this week after the Southeastern Provision meatpacking plant in...

  • PEPSICO'S NOOYI SAYS COMMENTS TO TRUMP INCLUDED SUGGESTION TO EXPLORE "HARMONIZATION" OF EUROPEAN, US FINANCIAL REPORTING SYSTEMS- STATEMENT.

  • *Defensive Telecom, REIT, consumer staples top gainers. Aug 17- Weak forecasts from Nvidia and Applied Materials hit chipmakers and dragged the Nasdaq lower on Friday, while the S&P 500 and Dow Industrials were kept afloat by gains in the defensive sectors such as telecoms and consumer staples. Chipmaker Nvidia plunged 4.5 percent, while chip equipment maker...

  • "One of the biggest concerns out there is that China's demand numbers are coming down if China's GDP growth is slowing," said Tariq Zahir, managing member at Tyche Capital in New York. Brent crude oil futures were up 9 cents at $71.52 a barrel by 1:04 p.m. EDT, after rising over $1 to hit a session high of $72.44 a barrel. West Texas Intermediate crude futures rose 13...

  • ISTANBUL, Aug 17- Turkey's battered lira weakened 4 percent on Friday after a Turkish court rejected an American pastor's appeal for release, drawing a stiff rebuke from President Donald Trump who said the United States would not take the detention "sitting down". The case of Andrew Brunson, an evangelical Christian missionary from North Carolina who has lived...

  • NEW YORK/ BOSTON, Aug 17- Several Tesla Inc shareholders have told Reuters they are concerned that the electric car maker will have to pay more to fund its growth if it becomes a private company and loses the ability to sell new shares to stock market investors. The issue has come to the fore as a special Tesla board committee considers Chief Executive Elon Musk's...

  • NEW YORK/ WASHINGTON, Aug 17- U.S. Half-yearly reporting would mark a huge change in U.S. disclosure requirements and put them in line with European Union and United Kingdom rules. The SEC is an independent agency, and the president cannot force it to implement rule changes.

  • The rig count RIG-OL-USA- BHI>, an early indicator of future output, held at 869 in the week to Aug. 17, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday. The U.S. rig count, an early indicator of future output, is much higher than a year ago when 763 rigs were active as energy companies have been ramping up production in...

  • MEXICO CITY, Aug 17- Shares in Mexico's Coca-Cola FEMSA, the world's biggest coke bottler, jumped more than five percent on Friday after it said it would sell its 51 percent stake in Coca-Cola FEMSA Philippines back to the Coca-Cola Company. They were up by 4.82 percent at 117.98 pesos at 1645 GMT. In a call with analysts on Friday explaining the reasons for the sale,...

  • CHICAGO, Aug 17- Deere& Co on Friday offered an optimistic forecast for the U.S. farm economy amid an escalating tariff war with China and other big trade partners as its quarterly profit missed estimates on higher raw material and freight costs. The trade showdown has depressed U.S. farm commodity prices as China and other trading partners target agricultural...

  • U.S. OIL DRILLING RIG COUNT UNCHANGED THIS WEEK AT 869 -BAKER HUGHES.

  • Placer County Superior Court Judge Michael W. Jones rejected Sierra Watch's claims this week that the expansion of the Village at Squaw Valley would violate the California Environmental Quality Act. "The court's unequivocal ruling in favor of Placer County demonstrates that Sierra Watch's claims were false, there was no CEQA as it relates to the Village at...

  • GENOA, Aug 17- Italy's populist ruling coalition showed a united front on Friday in its push to revoke concessions held by Autostrade per l'Italia to operate toll highways after a bridge it managed collapsed this week, killing at least 38 people. "They wrote the government is putting on the brakes," Luigi Di Maio, head of the anti-establishment 5- Star Movement and...

  • The first workers to review a proposed labor pact at Chile's Escondida are in favor of signing the new contract, a union spokesman said on Thursday, following news that a strike was on hold at the mine. "The copper price eased on the back of Escondida looking like it's fully negotiated a contract," said ETF Securities analyst Nitesh Shah. President Donald Trump has...

  • SAO PAULO, Aug 17- U.S. private equity firm GTIS Partners LP has put four major properties in Sao Paulo up for sale, four people with knowledge of the matter said, in what could be one of Brazil's largest real estate transactions in recent years. The auction, which could bring close to $400 million for the office towers alone, is the latest sign of a revival in Brazil's...

  • Aug 17- Tesla Inc's shares slumped as much as 9 percent on Friday after Chief Executive Elon Musk told the New York Times that his tweet last week about taking the company private was not reviewed by anybody. "There are growing concerns that the board may consider changing his specific role from CEO and chairman and there could be pressure from the SEC to do this as...

  • *FTSE 100 has worst week since March. LONDON, Aug 17- Britain's top share index failed to rebound convincingly on Friday at the end of a turbulent week for markets during which an economic crisis in Turkey spread anxiety across global financials and mining stocks. The blue-chip FTSE 100 ended the day flat at 7,558.59 points, near a four-month low, and sealed its...