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Wires

  • JEFFERSON CITY, Mo.— Missouri utility regulators have rejected a proposed high-voltage power line to carry wind power across the Midwest to eastern states. The decision Wednesday by the Missouri Public Service Commission creates a significant hurdle for Clean Line Energy Partners, which wants to build one of the nation's longest transmission lines.

  • *Fed's minutes on July policy meeting expected at 1400 ET. Aug 16- The S&P and the Dow rose higher in late morning trading on Wednesday on gains from consumer discretionary stocks, with investors awaiting the minutes on the latest Federal Reserve meeting. "The market is breathing a sigh of relief with the nuclear tensions having eased considerably and following a...

  • NEW YORK, Aug 16- U.S. crude oil inventories fell for the seventh consecutive week in their largest drawdown in nearly a year while exports and production continued to rise, the Energy Information Administration said on Wednesday. The report also had bearish elements, as 2.5 million barrels of the draw was on the West Coast, somewhat limiting the market impact of...

  • BRUSSELS— Belgium's Agriculture Minister Denis Ducarme says the government will join in legal action against those responsible for the egg contamination scandal, which has hit at least 17 countries. Ducarme told The Associated Press Wednesday that "the Belgian government wants to take part in civil proceedings." Millions of eggs have been destroyed or...

  • NEW YORK, Aug 16- U.S. Traders and investors are awaiting signs from the policy-makers on whether the U.S. central bank would announce its plan to begin reducing its $4.2 trillion worth of Treasuries and mortgage-backed securities on its balance sheet at its Sept. 19-20 meeting, analysts said. "The market wants a confirmation about its balance sheet plan and...

  • BERLIN/ FRANKFURT, Aug 16- Air Berlin's administrators will focus on selling its attractive take-off and landing slots in Germany, a source familiar with the process said, potentially opening up the market to new players. Loss-making Air Berlin has until now helped to shield Lufthansa and Germany, where a booming economy is fueling demand for travel, from...

  • AMSTERDAM, Aug 16- Akzo Nobel and its biggest shareholder Elliott Advisors ended a long-running dispute on Wednesday as the U.S. activist investor agreed to halt legal action against the Dutch paint company and to support its board nominations. The move marks a major shift in Akzo Nobel's relations with the hedge fund, which last week lost its second legal...

  • NEW YORK, Aug 16- UnitedHealth Group Inc said on Wednesday president David Wichmann will become the company's chief executive, succeeding Stephen Hemsley, who is moving to the newly created role of executive chairman after more than a decade at the helm of the largest U.S. health insurer. UnitedHealth's shares fell 0.7 percent to $193.79 in early trading on the...

  • *Angola releases large crude export programme. *China gasoline demand to top out around 2025- CNPC. Including emergency reserves, crude stocks were at 1.15 billion barrels, the lowest levels since October 2015, the Energy Information Administration said.

  • CHICAGO, Aug 16- A U.S. judge overseeing the bankruptcy of Takata Corp's U.S. business on Wednesday halted lawsuits for 90 days against automakers brought by victims of its faulty air bag inflators. Takata requested a six-month stay of the lawsuits, arguing an injunction was needed so management could complete a $1.6 billion sale of the company's viable...

  • CHICAGO, Aug 16- Chicago Board of Trade wheat futures sank to contract lows on Wednesday as ample global supplies provided overseas buyers with cheaper alternatives to U.S. offerings in export deals, traders said. At 10:03 a.m. CDT, CBOT December corn futures were down 3 cents at $3.65-1/ 2 a bushel. "Wheat prices in Chicago slumped from the start of the week due to...

  • KHOBAR, Saudi Arabia, Aug 16- Saudi Aramco has received bids from international engineering firms to expand the Hawiyah gas plant, industry sources said on Wednesday. They said the companies that submitted their proposals, on Sunday, were: South Korean Samsung Engineering, Spain's Tecnicas Reunidas, Taiwan's CTCI, Italy's Saipem, Britain's Petrofac, India's...

  • NEW YORK— Lonely Planet has a new free app called Trips that offers inspiration for travel, along with an easy way for users to create visually driven stories about their own trips. "We're giving the community the ability to create travel content and to be inspired by it," said Lonely Planet CEO Daniel Houghton in an interview for The Associated Press travel podcast "...

  • LONDON, Aug 16- Zinc prices surged to their highest level in almost a decade on Wednesday while aluminium and copper prices were at their highest since 2014 as rises across most industrial metals triggered pre-set buy orders and a wave of speculative buying. LME ZINC: Benchmark zinc on the London Metal Exchange was up 5.1 percent at $3,117.50 a tonne at 1455 GMT, on...

  • LONDON, Aug 16- Zinc prices surged to their highest level in almost a decade on Wednesday while aluminum and copper prices were at their highest since 2014 as rises across most industrial metals triggered pre-set buy orders and a wave of speculative buying. LME ZINC: Benchmark zinc on the London Metal Exchange was up 5.1 percent at $3,117.50 a tonne at 1455 GMT, on...

  • WASHINGTON, Aug 16- The United States on Wednesday laid down a tough line for modernizing the North American Free Trade Agreement, demanding major changes to the pact that would reduce U.S. trade deficits with Mexico and Canada and increase U.S. content for autos. Lighthizer said repeated U.S. demands for increased regional and U.S. content in autos produced in...

  • NEW YORK, Aug 16- The U.S. dollar rose for a third straight session on Wednesday, reaching its highest level in nearly three weeks against a basket of rival currencies, boosted by expectations for another Federal Reserve interest rate rise in 2017 and cooling geopolitical fears. Stung last week by growing tensions between the United States and North Korea, the...

  • *LME warehouse changes by operator: http://tmsnrt.rs/2i5GpR9. LONDON, Aug 16- First, the good news. The original queue to get aluminium out of exchange warehouses in Detroit disappeared in April 2016.

  • TORONTO, Aug 16- Canada's main stock index rose on Wednesday as the heavily weighted bank stocks led broad gains and firmer commodity prices bumped resource issues higher. In Canada, talks with the United States and Mexico on modernizing the North American Free Trade Agreement commenced. Canada's top banks saw moderate gains under 1 percent, but were the...

  • LONGER-DATED TREASURY YIELDS TURN LOWER; 10- YEAR YIELD LAST AT 2.259 PCT.