Friday, 24 March 2017

Reuters Business Today: March 24, 2017

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Friday, March 24, 2017
Trump administration grants permit for Keystone XL pipeline: TransCanada
(Reuters) - The United States has issued a presidential permit for TransCanada Corp's Keystone XL oil pipeline, the Canadian company said on Friday, ending a years-long battle between environmentalists and the industry over whether Washington should approve it.
Healthcare vote delay worries stocks, dollar
LONDON (Reuters) - All eyes in global financial markets were fixed on stuttering Republican efforts to pass a replacement for Obamacare on Friday, with failure likely to undermine faith in Donald Trump's promise to deliver a "phenomenal" U.S. tax reform.
All drill, no frack: U.S. shale leaves thousands of wells unfinished
NEW YORK (Reuters) - U.S. shale producers are drilling at the highest rate in 18 months but have left a record number of wells unfinished in the largest oilfield in the country – a sign that output may not rise as swiftly as drilling activity would indicate.
Core capital goods orders dip, but shipments surge
WASHINGTON, March 24 (Reuters) - - New orders for key U.S.-made capital goods unexpectedly fell in February, but a surge in shipments amid demand for machinery and electrical
PPG to make case for Akzo acquisition to Dutch government officials
AMSTERDAM (Reuters) - The chief executive of U.S. paint maker PPG meets Dutch government officials on Friday to make the case for its proposed 22.7 billion euro ($24.5 billion) takeover of Dutch peer AkzoNobel .
Twitter explores subscription-based option for first time
SAN FRANCISCO (Reuters) - Twitter Inc is considering whether to build a premium version of its popular Tweetdeck interface aimed at professionals, the company said on Thursday, raising the possibility that it could collect subscription fees from some users for the first time.
Toshiba decides on Westinghouse bankruptcy, sees $9 billion in charges: sources
TOKYO (Reuters) - Japan's Toshiba Corp has informed its main lenders it is planning for U.S. nuclear unit Westinghouse Electric Co LLC to file for bankruptcy on March 31, people briefed on the matter said on Friday.
How a border tax could divide Boeing and its suppliers
SEATTLE (Reuters) - A U.S. tax overhaul proposed by Republican leaders in Congress would deepen divisions between big manufacturers like Boeing Co and the thousands of smaller companies that supply them, according to suppliers and tax and trade experts.
Blackstone sells stake in SeaWorld to China's Zhonghong Zhuoye
(Reuters) - China-based Zhonghong Zhuoye Group Co Ltd will buy Blackstone Group LP's 21 percent stake in SeaWorld Entertainment Inc , the embattled U.S.-based marine park operator said on Friday.
Exclusive: Trump to approve Keystone XL at meeting with TransCanada CEO - official
(Reuters) - U.S. President Donald Trump will announce the approval of the Keystone XL oil pipeline at the White House on Friday, alongside the chief executive officer of builder TransCanada Corp, according to a senior administration official.
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