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  • SAO PAULO, March 20- Executives at Vale SA, the world's largest iron ore miner, quashed efforts by Brazilian authorities to audit one of its mining dams months before it collapsed and killed over 300 people, a state prosecutor said, according to the news website G1. William Garcia, a prosecutor in Minas Gerais where the January disaster occurred, told G1 his office...

  • *BWM down after profit warning, Germany's DAX falls 1.6 percent. March 20- European shares retreated from near six-month highs on Wednesday, with German stocks leading losses as chemicals producer Bayer and carmaker BMW tumbled, and as the European Union resisted British Prime Minister Theresa May's plea to delay Brexit. Germany's benchmark stock index fell...

  • Gulf of Mexico received $244 million in high bids on Wednesday, reflecting an uptick in interest from drillers. "We're on a positive slope," Mike Celata, BOEM's regional director for the Gulf of Mexico, said on the call. High bids of $244.3 million were also higher than the $178 million and $124 million raised in 2018 sales but were still far short of the revenue...

  • President Donald Trump said on Wednesday a trade deal with Beijing was coming along nicely, with U.S. trade negotiators poised to head to China next week for another round of talks. Trump said top U.S. negotiators were going to China this weekend "to further the deal." Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will head to China...

  • *Tariffs could be left on China for a long period- Trump. In a knee-jerk reaction, stocks hit session lows after President Donald Trump said tariffs could be left on China for a long period of time, but pared some of the losses soon after. Trump also said a trade deal with Beijing was coming along, with U.S. trade negotiators going to China soon.

  • WASHINGTON, March 20- The U.S. Supreme Court on Wednesday put in jeopardy an $8.5 million settlement Google has agreed to pay to resolve a class action lawsuit accusing it of violating a federal privacy law by sharing users' search queries with other websites. The justices, in an unsigned opinion, threw out a ruling by the San Francisco- based 9th U.S. Circuit Court of...

  • BRUSSELS, March 20- Alphabet Inc unit Google was fined 1.49 billion euros on Wednesday, its third large European Union antitrust penalty in two years marking the company's decade-long regulatory battle in Europe. The European Commission, which said the fine amounted to 1.29 percent of Google's turnover in 2018, said that the case focused on the company's...

  • March 20- Deutsche Bank AG's merger talks with Commerzbank AG has put its 10,000 U.S. workers on edge, three employees told Reuters, with some concerned a deal could pressure Deutsche to further shrink or even dispose of its U.S. businesses. In the meantime key employees could decamp to rival Wall Street banks and hedge funds, further weakening a business that has...

  • *Palladium hits peak of $1,608/ oz. Spot palladium dropped 0.3 percent to $1,591.41 per ounce as of 12:22 p.m. EDT, having earlier touched a record high of $1,608. "Europe came up with stringent environmental demand and environmental initiatives while we have supply issues from South Africa and Russia," said Eli Tesfaye, senior market strategist for brokerage...

  • NEW YORK, March 20- U.S. domestic stock mutual funds and exchange-traded funds grabbed their largest net inflows since March 2018 last week as progress on trade talks between the United States and China pushed the benchmark S&P 500 index to its best week of the year so far. Overall, investors sent a net of $12.8 billion into funds that hold U.S. stocks during the week...

  • LONDON, March 20- Core euro zone bond yields fell on Wednesday from 1-1/ 2 week highs hit earlier this week as the market waited for further clarity on the direction of U.S. interest rates and analysts struggled to make sense of the UK's Brexit negotiations. After the European Central Bank earlier this month acknowledged slowing growth while unveiling a new cheap...

  • *Mixed signals on U.S.- China trade progress jangle nerves. NEW YORK, March 20- U.S. crude prices rose to a four-month high above $60 a barrel after government data showed tightening oil supplies in the United States, but gains were capped by concerns over global economic growth due to the ongoing U.S.- China trade dispute. West Texas Intermediate crude futures...

  • *Liverpool investment opens port to bigger ships. LONDON, March 20- Privately owned Peel Ports is expanding its workforce mostly in Liverpool and plans acquisitions this year, its chief executive said, as Britain prepares its ports to ease any trade disruption caused by Brexit. Ports in the southeast, through which most of Britain's trade with the European Union...

  • PARIS, March 20- French state-controlled utility EDF and nuclear regulator ASN said on Wednesday that an earthquake registering 4.9 on the Richter scale in southwestern France had no impact on the Blayais nuclear power plant in the region. Environmental group Greenpeace said the plant had still not applied anti-earthquake standards imposed by the French...

  • March 20- UK'S UNITE UNION:. *UK'S UNITE UNION SAYS MEMBERS VOTED FOR INDUSTRIAL ACTION ON ALL BP PLATFORMS IN THE NORTH SEA OWNED BY PETROFAC. *UK'S UNITE UNION SAYS PETROFAC DISPUTE IS SEPARATE FROM ONGOING INDUSTRIAL ACTION INVOLVING SHETLAND GAS PLANT AND ALWYN, DUNBAR AND ELGIN PLATFORMS.

  • FRANKFURT, March 20- Christian Sewing, the chief executive of Deutsche Bank, doesnt do grand visions. For much of his 30 year career as a banker, all but two of them at Deutsche, he has been heavily involved in risk control, auditing, and cost-cutting. Since taking over as chief executive of Germanys largest bank last year, Sewing, pronounced Zay-ving, has largely...

  • *Bayer, FedEx weigh on stocks in Europe, Wall Street. NEW YORK, March 20- World share markets looked poised to end their longest winning streak of the year on Wednesday, ahead of a U.S. Reports of renewed tension in U.S.- China trade talks weighed on Asian stocks, while news on Bayer and FedEx dragged on equity markets in Europe and Wall Street.

  • LONDON, March 20- Sterling fell sharply on Wednesday after British Prime Minister Theresa May asked the European Union to delay Brexit until June 30 and Brussels immediately pushed back. With no consensus in Britain's parliament over how to leave the EU, May was forced to seek an extension from the EU beyond the scheduled departure date of March 29.

  • Floodwaters resulting from a late-winter storm last week and warming spring weather that melted snow quickly this week inundated a large swath of Midwestern farm states Missouri, Nebraska and Iowa along the Missouri, North America's longest river. The National Oceanic and Atmospheric Administration also predicted major flooding for parts of Kansas,...

  • OIL PRICES EXTEND GAINS, WTI RISES TO ABOVE $60 A BARREL TO HIGHEST SINCE NOV. 12.