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  • PARIS/ HAMBURG, Aug 14- Scorching weather that parched farmland across northern Europe has also stressed sugar beet plants and could push yields in the European Union's harvest well below last year's bumper levels. The EU's executive had already projected a fall in sugar production in 2018/ 19 after heavy rain delayed spring planting, and a hot summer in top...

  • *China's domestic demand slowing further. *China growth-boosting moves will take time to kick in. With its trade war with the United States threatening to pile more pressure on China's economy, Beijing on Tuesday reported downbeat economic data, rolled out a $14 billion urban railway plan and pushed local governments to speed up issuance of special bonds for...

  • FERGUSON, Mo.— Edward Monser, who has been president of Emerson Electric since 2010, will retire on Oct. 1. The technology and engineering company announced Monser's retirement Tuesday and said his replacement will be Michael Train, who has worked for Emerson for nearly four decades and has led its Automation Solutions business since 2016..

  • NEW YORK— The latest efforts to disrupt the U.S. midterm elections through Facebook manipulation seem to be following a persuasion playbook refined by legitimate companies and organizations— but with a twist. Their aim is to draw in as many people as possible with emotional appeals and then spur them to action. In this case, though, the action is public protest...

  • SURREY, British Columbia _ Kelso Technologies Inc. on Tuesday reported a loss of $163,000 in its second quarter. On a per-share basis, the Surrey, British Columbia- based company said it had a loss of less than 1 cent. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Musk said on Monday he had held talks with a Saudi sovereign fund on a buyout that would take Tesla off the Nasdaq exchange- an extraordinary move for what is now the United States' most valuable automaker, worth more than $60 billion. The committee, made up of Tesla independent directors Brad Buss, Robyn Denholm and Linda Johnson Rice, will wade into a deal that has...

  • -Canada's main stock index climbed on Tuesday as higher oil prices lifted energy stocks and concerns around Turkey's currency crisis receded. *At 9:43 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was up 30.87 points, or 0.19 percent, at 16,281.62. Turkey's lira eased after the country's central bank moved to ease pressure on the currency, which...

  • *Turkey lira rebounds, lifts shares of U.S. banks. Aug 14- U.S. stock indexes rose on Tuesday as upbeat quarterly reports from a clutch of companies boosted earnings optimism and bank stocks rebounded after Turkey's currency snapped its three-week slide. "The Turkey currency crisis isn't going to grow any bigger the markets are good at pricing things like this,"...

  • *Turkey is target of economic war-Erdogan. ISTANBUL, Aug 14- President Tayyip Erdogan said on Tuesday Turkey would boycott electronic products from the United States, retaliating in a row with Washington that helped drive the lira to record lows. Its drop of as much as 18 percent on Friday hit European and U.S. stocks as investors fretted about banks' exposure to...

  • NEW YORK— The latest on developments in financial markets:. Stocks are broadly higher and recovering some of their recent losses as concerns about Turkey's financial stability eased. Retailers and energy companies made some of the biggest gains Tuesday.

  • ROME, Aug 14- At least 22 people were killed when a motorway bridge collapsed in torrential rains on Tuesday over buildings in the northern Italian port city of Genoa, and the deputy transport minister said the death toll would rise. "It's not acceptable that such an important bridge... was not built to avoid this kind of collapse," Deputy Transport Minister Edoardo...

  • JOHANNESBURG, Aug 14- South African state-owned power firm Eskom has hired financial adviser Lazard to draft a plan to shore up its balance sheet as it struggles to emerge from a financial crisis, two banking sources told Reuters. Cash-strapped Eskom is critical to Africa's most industrialised economy as it supplies more than 90 percent of its power and is one...

  • MUMBAI, Aug 14- Cyber criminals hacked the systems of India's Cosmos Bank and siphoned off nearly 944 million rupees through simultaneous withdrawals across 28 countries over the weekend, the bank has told police. Cosmos Bank, based in the western city of Pune, said in a press statement that its main banking software receives debit card payment requests via a "...

  • GURGAON, India _ MakeMyTrip Ltd. on Tuesday reported a loss of $51.1 million in its fiscal first quarter. The Gurgaon, India- based company said it had a loss of 50 cents per share. MakeMyTrip shares have climbed 11 percent since the beginning of the year.

  • LONDON, Aug 14- Oil prices jumped on Tuesday after Saudi Arabia said it cut production, adding to concerns over global supply as U.S. sanctions against Iran curb its exports, though the prospect of a slowdown in global economic growth kept a lid on markets. OPEC itself, using secondary sources, estimated in a report published on Monday that Saudi production was at a...

  • Aug 14- Canada's main stock index rose at open on Tuesday as higher oil prices lifted energy stocks and concerns around Turkey's currency crisis receded.

  • Aug 14- U.S. stocks opened higher on Tuesday on the back of healthy earnings reports and a recovery in Turkish currency, which snapped its three-week slide. The Dow Jones Industrial Average rose 27.99 points, or 0.11 percent, at the open to 25,215.69. The S&P 500 opened higher by 5.95 points, or 0.21 percent, at 2,827.88.

  • *Canadian dollar at C $1.3086, or 76.42 U.S. cents. World equities markets regained their footing as Turkey's currency rebounded about 5 percent against the greenback and reassuring German economic data offset signs of slowing growth in China. The price of oil, one of Canada's major exports, jumped after Saudi Arabia said it cut production, adding to concerns...

  • SALT LAKE CITY _ Security National Financial Corp. on Tuesday reported second-quarter earnings of $3.2 million. The Salt Lake City- based company said it had profit of 20 cents per share. Security National Financial shares have climbed 3 percent since the beginning of the year.

  • In April 2017 Iraq overtook Saudi Arabia as the top oil seller to India, data shows. India boosted imports from Iran in July to a record high, drawn by the incentives offered by Tehran. Supplies from Saudi Arabia, Iraq and Iran made up nearly half of India's overall imports in July.