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White House threatens veto of rule-based monetary policy bill

By Jason Lange WASHINGTON (Reuters) – The White House on Tuesday issued a veto threat for a Republican-backed bill to make the Federal Reserve set interest rate policy using a mathematical rule, a proposal Fed Chair Janet Yellen said would “severely damage” the U.S. economy. The Obama administration opposes the proposal because it would hinder the Fed's ability to help the economy, the White House said in a statement. Lawmakers in the U…

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White House threatens veto of rule-based monetary policy bill

Monsanto could take lead role in agchem acquisitions: executives

Monsanto Co. executives are discussing whether they should acquire rivals, including top pesticide maker Syngenta AG, company executives said on Tuesday, as talk of consolidation continues in the global agrochemical industry. “We've had conversations inside” about Syngenta and other agricultural companies, Monsanto President Brett Begemann said at an investor meeting at its headquarters in St. Louis. Company executives were studying every possibility for consolidation in both the seed and agrochemical sectors

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Monsanto could take lead role in agchem acquisitions: executives

Ford’s Lincoln brand debuts new face for its best-selling model

(Reuters) – Ford Motor Co's Lincoln brand is changing the look of its vehicles, starting with a new face for its best-selling model, the MKZ sedan. Ford plans to unveil the restyled 2017 Lincoln MKZ at the Los Angeles Auto Show on Wednesday, showing the first production version of a new

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Ford’s Lincoln brand debuts new face for its best-selling model

Asian shares slip, copper tumbles as worry takes toll

By Hideyuki Sano and Lisa Twaronite TOKYO (Reuters) – An index of Asian shares fell on Wednesday as copper prices tumbled and another bomb scare in Europe and gunfire in the French capital hurt risk appetite, while bets that the Federal Reserve remains on track for a rate hike underpinned the dollar. “The rally in US equity markets that followed on from European markets strong lead this week was stopped dead in its tracks last night, on reports of a multiple bomb threat in Hannover, with…

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Asian shares slip, copper tumbles as worry takes toll

NYSE-owner ICE to buy commodities trading platform for $650 million

(Reuters) – Intercontinental Exchange Inc , the owner of the New York Stock Exchange, said it would buy commodities trading platform Trayport from BGC Partners Inc and GFI Group Inc for about $650 million in stock.

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NYSE-owner ICE to buy commodities trading platform for $650 million

VW says CO2 cheats affect more petrol engines than previously disclosed

Volkswagen manipulated the carbon dioxide (CO2) emission levels of more petrol-powered vehicles than previously disclosed, a spokesman for the carmaker said on Monday. VW said on Nov. 3 it had understated the level of CO2 emissions in about 800,000 cars sold mainly

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VW says CO2 cheats affect more petrol engines than previously disclosed

NYSE-owner ICE to buy commodities trading platform for $650 million

(Reuters) – Intercontinental Exchange Inc , the owner of the New York Stock Exchange, said it would buy commodities trading platform Trayport from BGC Partners Inc and GFI Group Inc for about $650 million in stock.

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NYSE-owner ICE to buy commodities trading platform for $650 million

Detroit’s Big Three accelerate plans to build more small cars in Mexico

By Paul Lienert and Joseph White DETROIT (Reuters) – Detroit’s Big Three automakers are accelerating plans to produce more small cars for the North American market in Mexico as they seek to reduce labor costs, while using higher-paid U.S. workers to build their very profitable trucks, sport utility vehicles and luxury cars. New versions of several of their popular U.S. compact cars are expected to be made in Mexico, people familiar with the companies' plans …

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Detroit’s Big Three accelerate plans to build more small cars in Mexico

VW says CO2 cheats affect more petrol engines than previously disclosed

Volkswagen manipulated the carbon dioxide (CO2) emission levels of more petrol-powered vehicles than previously disclosed, a spokesman for the carmaker said on Monday. VW said on Nov. 3 it had understated the level of CO2 emissions in about 800,000 cars sold mainly in Europe, and consequently their fuel usage. It said then the cheating affected predominantly 1.2 and 1.4 liter diesel engines and one petrol engine, the 1.4 liter motor

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VW says CO2 cheats affect more petrol engines than previously disclosed

Detroit’s Big Three accelerate plans to build more small cars in Mexico

By Paul Lienert and Joseph White DETROIT (Reuters) – Detroit’s Big Three automakers are accelerating plans to produce more small cars for the North American market in Mexico as they seek to reduce labor costs, while using higher-paid U.S. workers to build their very profitable trucks, sport utility vehicles and luxury cars. New versions of several of their popular U.S. compact cars are…

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Detroit’s Big Three accelerate plans to build more small cars in Mexico

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