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  • WASHINGTON, Jan 23- The United States on Wednesday rejected a move by Venezuela's Nicolas Maduro to break diplomatic ties, saying it did not think he had the authority to cut ties and it would conduct relations with a government led by opposition leader Juan Guaido. "The United States maintains diplomatic relations with Venezuela and will conduct our relations...

  • WASHINGTON, Jan 23- The U.S. House of Representatives tax committee has canceled a hearing that was scheduled for Thursday on the impact of the partial government shutdown on the Internal Revenue Service and the federal tax season, a committee spokesman said on Wednesday. Treasury Secretary Steven Mnuchin last week declined a request by Representative...

  • OTTAWA, Jan 23- A top executive from Huawei Technologies Co Ltd being held in Canada can make "strong arguments" against extradition to the United States, in part due to President Donald Trump's politicization of the case, Canada's ambassador to China said. Canadian envoy John McCallum's comments to Chinese-language media, which were broadcast on Wednesday, are...

  • SEOUL, Jan 24- Kang Sung- il buys Sancho, his Pomeranian, a toy every business trip and this Lunar New Year holiday will dress him up in a new $50 suit to visit' grandma', Kang's mother. South Korea's pet industry is booming, fuelled by the same factors that have made the country's birth rate, at 1.05 births per woman, the lowest in the world: the high cost of education and...

  • In a 8-4 decision, the 7th U.S. Circuit Court of Appeals in Chicago said the "plain language" of the Age Discrimination in Employment Act, which forbids discrimination against people 40 and older, showed that Congress intended that law to cover current employees, not outside job applicants. It also reinstated a federal district judge's dismissal of Illinois...

  • BRASILIA, Jan 22- Brazil will add the Trans-Amazonian Highway to the list of projects for privatization, its infrastructure minister said on Tuesday, seeking new investment to pave part of a dictatorship-era roadway already blamed for extensive deforestation. President Jair Bolsonaro's government is seeking to overhaul Brazil's poor transportation...

  • Federal Reserve Today in Washington. 24- Jan Japan Auction of 20- year government bonds 24- Jan Sweden Auction of inflation-linked government bonds 24- Jan France Index-linked Securities auction 25- Jan Japan 3- month discount bill auction 25- Jan Italy CTZ/BTPi auction 28- Jan United States Sale of 2- year notes 28- Jan United States Sale of 5- year notes...

  • **SEOUL- Bank of Korea holds monetary policy meeting to announce interest rates. ACCRA- Central Bank of Ghana announces interest rate decision. WARSAW- National Bank of Poland holds monetary policy council meeting.

  • SEATTLE, Jan 23- Boeing Co said on Wednesday its flying car prototype hovered briefly in the air during an inaugural test flight, a small but significant step as the world's largest planemaker bids to revolutionize urban transportation and parcel delivery services. Boeing is working with startup SparkCognition Inc and the U.S. Federal Aviation...

  • LONDON, Jan 24- British finance minister Philip Hammond will try to convince business leaders at the World Economic Forum in Davos, Switzerland, to continue to invest in the country after Brexit, when he addresses them later on Thursday. On Tuesday James Dyson, a billionaire Brexit supporter who revolutionised vacuum cleaners with his bagless technology, said...

  • DAVOS, Switzerland- Bank of England Governor Mark Carney speaks at the World Economic Forum event titled "Shaping the Future of Finance"- 1000 GMT. DAVOS, Switzerland- Bank of England Governor Mark Carney speaks at the World Economic Forum event titled "Resetting Financial Governance"- 1530 GMT. DAVOS, Switzerland- Sweden Riksbank Deputy Governor Cecilia...

  • PARIS, Jan 24- Renault's board will meet on Thursday to replace Chairman and Chief Executive Carlos Ghosn, in a move that could help ease tensions with alliance partner Nissan following Ghosn's arrest in Japan for alleged financial misconduct. The meeting will start at 0900 GMT and consider the proposed appointment of outgoing Michelin boss Jean-Dominique...

  • SAN FRANCISCO, Jan 23- California power company PG&E Corp, which expects to soon file for bankruptcy, said on Wednesday it would cost between $75 billion and $150 billion to fully comply with a judge's order to inspect its power grid and remove or trim trees that could fall into power lines and trigger wildfires. PG&E in a filing in U.S. District Court in San...

  • In response, Maduro said he was breaking diplomatic relations with the United States and giving U.S. embassy personnel 72 hours to leave Venezuela. A senior U.S. official, speaking on condition of anonymity, warned Maduro and his loyalists that Washington was ready to ramp up oil, gold and other sanctions and take unspecified actions "if they choose to harm any of...

  • DETROIT, Jan 23- Ford Motor Co on Wednesday posted a lower operating fourth-quarter profit as losses in every global region except North America weighed on results. It is making cuts in Europe, looking to reorganize its South American operations and turn around China- all unprofitable regions. Ford said on Jan. 10 that it would cut thousands of jobs and look at...

  • WASHINGTON, Jan 23- Democratic leaders in the House of Representatives floated the idea on Wednesday of ending a partial U.S. government shutdown by giving President Donald Trump most or all of the money he seeks for security along the Mexican border but for items other than the wall he wants. Representative James Clyburn, the No. 3 House Democrat, said Democrats...

  • *CANADIAN PACIFIC RAILWAY LTD HAS NEW MULTI-YEAR AGREEMENT WITH SUNCOR ENERGY, EDMONTON TO VANCOUVER- CHIEF MARKETING OFFICER. *CP CRUDE SHIPPERS' BULLISH' THAT ALBERTA CRUDE PIPELINE BOTTLENECK, TEMPORARY PRODUCTION CURTAILMENT WILL GET' SORTED OUT'- EXEC. *CP SEES DOLLORAMA AS C $30 MILLION- C $50 MILLION OPPORTUNITY, SUNCOR C $20- PLUS MILLION NEAR-TERM...

  • LONDON, Jan 23- The Bank of England is likely to continue to raise interest rates gradually if the economy keeps growing, but will be "flexible" if there is a downturn, the central bank's chief economist said in an interview published late on Wednesday. "If the economy continues to tick along, as we expect, then we might expect some further limited and gradual rises,"...

  • BRASILIA, Jan 23- Brazil's new right-wing President Jair Bolsonaro will work to establish the formal independence of the country's central bank in his first 100 days in office, his chief of staff Onyx Lorenzoni said on Wednesday. He said the government also aims to obtain approval from the National Energy Council of the revision to the government's "transfer of...

  • NEW YORK, Jan 23- Mike Joo, Bank of America Corp's head of global rates and currencies origination, is taking over the role of operating chief within the corporate and investment bank as David Glaser retires, according to a memo sent on Wednesday. He joined Bank of America in 2006 as head of Asia Debt Capital Markets. His retirement marks the third executive...