Monday, April 24, 2017

U.S. East Coast refiners eye Texas oil as North Dakota alternative

NEW YORK, April 25 (Reuters) - U.S. East Coast refiners are

looking to buy increasing volumes of domestic crude oil from the

Gulf Coast, two sources said, the latest twist in a trade flow

upheaval in the wake of the opening of the Dakota Access

pipeline.

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PRESS DIGEST- New York Times business news - April 25

April 25 (Reuters) - The following are the top stories on

the New York Times business pages. Reuters has not verified

these stories and does not vouch for their accuracy.

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For Wells Fargo directors, narrow wins may not be enough

April 25 (Reuters) - A shareholder vote scheduled for

Tuesday could throw Wells Fargo & Co's leadership into

question if many directors, criticized for their slow response

to the bank's phony-account scandal, fail to win solid

majorities.

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Nikkei extends gains, gets lift from Wall Street rally

* Investors relieved as North Korea takes no new missile

steps

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Morning News Call - India, April 25

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FACTORS TO WATCH

10:00 am: Farm Minister Radha Mohan Singh at an event in New Delhi.

11:00 am: DIPP Joint Secretary Rajeev Aggarwal at an event in New Delhi.

11:00 am: Revenue Secretary Hasmukh Adhia to brief

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UPDATE 2-Ahead of NAFTA talks, U.S. sets 20 pct duties on Canadian softwood lumber

WASHINGTON, April 24 (Reuters) - The United States will

impose preliminary anti-subsidy duties averaging 20 percent on

imports of Canadian softwood lumber, Commerce Secretary Wilbur

Ross said on Monday, escalating a long-running trade dispute

between the two neighbors.

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BRIEF-Baiyin Nonferrous' unit to invest in South Africa's Sibanye Gold for up to $200 mln

* Says its unit Gold One Group Limited plans to invest up to

$200 million to South Africa's Sibanye Gold Limited

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