CHICAGO (Reuters) – U.S. food safety and the health of plant workers will be at risk from new federal rules that allow meat companies to slaughter hogs as fast as they want and shift the role of government inspectors, food and environmental advocates said on Tuesday. FILE PHOTO: Workers cut pork at a slaughterhouse in […]
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UPDATE 1-Toyota invests $391 million in its Texas truck assembly plant
FILE PHOTO: The logo of Toyota is seen on a car during the Prague Autoshow in Prague, Czech Republic, April 13, 2019. REUTERS/David W Cerny/File Photo WASHINGTON (Reuters) – Toyota Motor Corp said on Tuesday it was investing $391 million in its pickup truck assembly plant in San Antonio, Texas, as part of the Japanese […]
Read MoreUPDATE 2-Minnesota court rejects challenges to Enbridge Line 3 pipeline approval
CALGARY, Alberta (Reuters) – The Minnesota Supreme Court on Tuesday declined to hear environmental and tribal challenges to Enbridge Inc’s Line 3 oil pipeline, a decision that removes one potential obstacle for the already-delayed project. FILE PHOTO: The Enbridge Tower is pictured on Jasper Avenue in Edmonton, Alberta, Canada on August 4, 2012. REUTERS/Dan Riedlhuber […]
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UPDATE 2-Saudi Arabia to restore oil output fully by end of September -energy minister
(Adds quotes, IPO comment) By Rania El Gamal and Stephen Kalin JEDDAH, Saudi Arabia, Sept 17 (Reuters) – Saudi Arabia will restore its lost oil production by the end of September and has managed to recover supplies to customers to the levels they were at prior to weekend attacks on its facilities by drawing from […]
Read MoreCORRECTED-WRAPUP 8-Saudi oil attacks came from southwest Iran, U.S. official says, raising tensions
WASHINGTON/DUBAI (Reuters) – The United States believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in southwestern Iran, a U.S. official told Reuters on Tuesday, an assessment that further increases tension in the Middle East. Three officials, speaking to Reuters on condition of anonymity, said the attacks involved both cruise missiles and […]
Read MoreUPDATE 1-U.S. FAA to brief international regulators on status of Boeing 737 MAX
FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field in Seattle, Washington, U.S. July 1, 2019. Picture taken July 1, 2019. REUTERS/Lindsey Wasson/File Photo WASHINGTON (Reuters) – Federal Aviation Administration chief Steve Dickson has invited about 50 aviation safety regulators from around the world to an informal […]
Read MoreUPDATE 2-Top U.S. antitrust regulators admit to infighting on big tech probe
WASHINGTON (Reuters) – The top U.S. antitrust regulators admitted on Tuesday they had wasted time arguing over who would investigate which tech company as they take on major probes of firms like Alphabet’s Google for using their market power unfairly. FILE PHOTO: The logos of Amazon, Apple, Facebook and Google are seen in a combination […]
Read MoreUPDATE 2-Ethiopian crash victims want 737 MAX documents from Boeing, FAA
CHICAGO (Reuters) – A lawyer for victims of Ethiopian Airlines Flight 302 said on Tuesday he wants Boeing Co and the U.S. Federal Aviation Administration to hand over documents about the decision to keep the Boeing 737 MAX in the air after a deadly Lion Air crash last October. FILE PHOTO: Candle flames burn during […]
Read MoreGLOBAL MARKETS-Oil falls as supply worries fade; stocks edge higher
NEW YORK (Reuters) – Oil prices dropped sharply on Tuesday after Saudi Arabia’s energy minister said the kingdom has fully restored its oil supply following an attack over the weekend that shut 5% of global oil output. Stocks edged higher and U.S. Treasury yields slipped ahead of an expected interest rate cut by the Federal […]
Read MoreUPDATE 1-France’s Macron bets on private-sector funding to fuel startup push
PARIS (Reuters) – France aims to raise 5 billion euros ($5.53 billion) in funds from private-sector investors to give French startup companies a leg up and help the most promising ones grow further, President Emmanuel Macron said on Tuesday. FILE PHOTO: French President Emmanuel Macron attends a meeting in Bonneuil-sur-Marne, France, September 10, 2019. Ludovic […]
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UPDATE 1-Barrick CEO Bristow says Nevada gold find shows big potential
DENVER (Reuters) – Barrick Gold Corp is on track to achieve by end 2019 half of expected cost savings of $450 million to $500 million at its Nevada joint venture with Newmont Gold Corp, Barrick chief executive officer Mark Bristow said on Tuesday. Bristow, speaking at the sidelines of the Denver Gold Forum, said 2019 […]
Read MoreU.S. FAA to brief international regulators on status of Boeing 737 MAX
FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field in Seattle, Washington, U.S. July 1, 2019. Picture taken July 1, 2019. REUTERS/Lindsey Wasson/File Photo WASHINGTON (Reuters) – Federal Aviation Administration chief Steve Dickson has invited about 50 aviation safety regulators from around the world to a Sept. […]
Read MoreCORRECTED-Oracle, VMware agree to deal on cloud technology, technical support
(Changes “with” in sixth paragraph to “without” in September 16 story.) FILE PHOTO: The Oracle logo is shown on an office building in Irvine, California, U.S. June 28, 2018. REUTERS/Mike Blake By Stephen Nellis SAN FRANCISCO (Reuters) – Oracle Corp and VMware Inc on Monday announced a deal designed to resolve years of tension over […]
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Pot producer CannTrust’s license to produce, sell cannabis suspended
Sept 17 (Reuters) – Troubled Canadian pot grower CannTrust Holdings Inc said on Tuesday its license to produce and sell cannabis has been suspended by Health Canada. CannTrust had delayed its second-quarter results last month awaiting a decision from Canada’s health regulator on a large amount of inventory put on hold after discovery of illegal […]
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UPDATE 1-Saudi Arabia to restore oil output fully by end of September -energy minister
(Adds quotes, details, Aramco CEO comments) By Rania El Gamal and Stephen Kalin JEDDAH, Saudi Arabia, Sept 17 (Reuters) – Saudi Arabia will restore its lost oil output of 5.7 million barrels per day (bpd) by the end of September and has managed to recover oil supplies to the levels they were at prior to […]
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RPT-GRAPHIC-Cut and run: How U.S. stocks react in Fed easing cycles
NEW YORK, Sept 17 (Reuters) – Not all U.S. rate-cutting cycles are created equal, at least when it comes to how the stock market reacts. The Federal Reserve is expected to lower interest rates when it issues its policy statement on Wednesday at the close of a two-day meeting. It would be the central bank’s […]
Read MoreGLOBAL MARKETS-Oil down as Saudi output restored; stocks steady as Fed meets
NEW YORK (Reuters) – Oil prices dropped sharply on Tuesday after Saudi Arabia’s energy minister said the kingdom has fully restored its oil production after having been hit by an attack this weekend that shut 5% of global oil output. Stocks were little changed on the day and U.S. Treasury yields slipped ahead of an […]
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UK’s BAE Systems wins $318 mln contract from U.S. Army
(Reuters) – Britain’s BAE Systems said on Tuesday it has won a $318 million contract from the United States Army in order to upgrade M88 recovery vehicles to the M88A3 configuration. The configuration will eliminate necessity of using two vehicles to raise and move tanks, which have increased in weight in recent years, BAE said […]
Read MoreChile taps China, Japan in lithium-for-tech push; faces tough sell
By Dave Sherwood and Natalia A. Ramos Miranda FILE PHOTO: FILE PHOTO: An aerial view shows the brine pools of SQM lithium mine on the Atacama salt flat in the Atacama desert of northern Chile, January 10, 2013. REUTERS/Ivan Alvarado/File Photo/File Photo SANTIAGO (Reuters) – Chile is making a renewed push for battery technology investment […]
Read MoreUPDATE 1-Trump administration officials tell Senate about Big Tech antitrust probes
WASHINGTON (Reuters) – The Justice Department’s antitrust division chief, Makan Delrahim, said Tuesday that its probes of big technology companies like Alphabet’s Google were a “priority” that could result in either “law enforcement or policy options as solutions.” FILE PHOTO: The logos of Amazon, Apple, Facebook and Google are seen in a combination photo from […]
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