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Wires

  • Jan 19- Greg Abel, considered by many investors the top contender to succeed Warren Buffett as Berkshire Hathaway Inc's chief executive officer, on Friday reported owning about $2.1 million of the conglomerate's stock. Abel, who along with Ajit Jain was named a Berkshire vice chairman and director last week, disclosed his stake a day after Jain reported a $109...

  • WASHINGTON, Jan 19- U.S. lawmakers raced the clock to avoid a federal government shutdown before a midnight deadline on Friday after a meeting between President Donald Trump and Senate Democratic leader Chuck Schumer failed to produce a deal. Trump invited Schumer to the White House for talks as a stopgap bill to fund the federal government through Feb. 16...

  • President Donald Trump will be entering something of a lion's den when he visits the elitist enclave of Davos next week, rubbing shoulders with the same "globalists" that he campaigned against in winning the 2016 election. In his speech, Trump is expected to urge the world to invest in the United States to take advantage of his deregulatory and tax cut policies,...

  • SAN FRANCISCO, Jan 19- Facebook Inc will prioritize "trustworthy" news in its feed of social media posts, using member surveys to identify high-quality outlets and fight sensationalism and misinformation, Chief Executive Mark Zuckerberg said on Friday. The company, which has more than 2 billion monthly users, said its members, not experts or Facebook executives,...

  • Top Economic Events Polling Unit Diary Today in Washington Political and General News. 22- Jan Belgium OLO auction 23- Jan United States Sale of 2- year notes 23- Jan Spain Auction of 3- and 9- month Treasury bills 23- Jan United Kingdom Auction 0 1/ 8% Index-linked Treasury Gilt 2026 23- Jan Germany Auction of 2- year Treasury notes 24- Jan United States Sale of...

  • Top Economic Events Polling Unit Diary Today in Washington Political and General News. 22- Jan Belgium OLO auction 23- Jan United States Sale of 2- year notes 23- Jan Spain Auction of 3- and 9- month Treasury bills 23- Jan United Kingdom Auction 0 1/ 8% Index-linked Treasury Gilt 2026 23- Jan Germany Auction of 2- year Treasury notes 24- Jan United States Sale of...

  • **ABUJA- Central Bank of Nigeria holds monetary policy meeting. TBILISI- National Bank of Georgia holds its monetary policy committee meeting. KIEV- National Bank of Ukraine holds monetary policy meeting.

  • **WASHINGTON- Senate Banking Committee holds a hearing on the nomination of Marvin Goodfriend to be a member of the Federal Reserve Board of Governors- 1500 GMT. STOCKHOLM- The Riksdag Committee on Finance is holding an open hearing on financial stability and macroprudential policy. Minister for Financial Markets Per Bolund, Riksbank Governor Stefan Ingves,...

  • Jan 19- Ohio environmental regulators on Friday asked federal energy regulators to order Energy Transfer Partners LP to cease drilling operations on the Rover natural gas pipeline under the Tuscarawas River over concern about the potential for a spill. The Ohio Environmental Protection Agency said in a filing with the U.S. Federal Energy Regulatory...

  • CHICAGO/ CALGARY, Alberta, Jan 19- Top U.S. grains merchant Archer Daniels Midland Co has proposed a takeover of Bunge Ltd, the Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with London- based rival Glencore Plc.. Thin margins have squeezed core commodity trading operations, including those of Bunge, ADM, Cargill Inc and Louis...

  • Vintage Capital made a new, but lowered $693 million offer to buy Rent-A-Center in November after the rent-to-own furniture retailer said it was exploring strategic options. Besides preventing Vintage Capital from raising its stake in Rent-A-Center or seeking board representation, the standstill provision also prevents the buyout firm from joining any...

  • NEW YORK, Jan 19- New Jersey's new governor, Phil Murphy, signed an executive order on Friday calling for an evaluation of the state's corporate tax break programs by the comptroller's office before year-end. Newark has offered the company a hefty incentives package, and the state recently enacted a law that would provide Amazon tax incentives to locate its "HQ2"...

  • WASHINGTON, Jan 19- The U.S. Congress raced the clock to avoid a federal government shutdown before a midnight deadline on Friday after a meeting between President Donald Trump and Democratic Senate leader Chuck Schumer failed to produce a deal. Trump invited Schumer to the White House for talks as a stopgap bill to fund the federal government through Feb. 16...

  • USDA's Food Safety and Inspection Service New Swine Slaughter Inspection System, in part will allow some companies under the volunteer program to conduct meat inspections. And the cap on chain speeds- the rate that packing plants process animals- will be removed with packers still responsible for maintaining already strict animal welfare and employee...

  • Defense companies and Pentagon officials lamented the potential federal spending woes, saying it will hurt small suppliers who feed into weapons production while hitting bigger firms when the contract process is put on hold. While the impact of the shutdown will be felt across the government, the Pentagon has the biggest portion of discretionary spending...

  • fall@ BRASILIA, Jan 19- Brazilian stocks hovered near all-time highs on Friday as optimism over the country's economic prospects sustained demand for local assets, while hopes of a tie-up with Boeing Co boosted shares of Embraer SA. Argentina's stock market is up nearly 12 percent so far this year, benefiting from foreign capital inflows, as high liquidity...

  • NEW YORK, Jan 19- The dollar's drop to three-year lows this week after prolonged weakness in 2017 is expected to further boost profits at big U.S. companies when investor optimism is already high over corporate tax cuts. Investors are keeping an eye out for signs of the dollar's impact on company earnings as fourth quarter reporting ramps up next week.

  • WASHINGTON, Jan 19- The United States mistakenly supported China's membership of the World Trade Organization in 2001 on terms that have failed to force Beijing to open its economy, the Trump administration said on Friday as it prepares to clamp down on Chinese trade. "It seems clear that the United States erred in supporting China's entry into the WTO on terms...

  • Jan 19- Twitter Inc, which is reviewing Russian interference during the 2016 U.S. elections, said on Friday it would notify some of its users whether they were exposed to content generated by a suspected Russian propaganda service. The company said it would be emailing notifications to 677,775 people in the United States who followed, retweeted or liked content...

  • WASHINGTON, Jan 19- The U.S. Congress raced the clock to avoid a federal government shutdown before a midnight deadline on Friday after a meeting between President Donald Trump and Democratic Senate leader Chuck Schumer failed to produce a deal. Trump invited Schumer to the White House for talks as a stopgap bill to fund the federal government through Feb. 16...