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(MENAFN - AFP) Wal-Mart Stores called Friday for meat suppliers to their US operations to curb the use of antibiotics and follow globally recognized guidelines on humane treatment of farm animals.

The push was directed at suppliers to Walmart US and Sam's Club, which counted on groceries for more than half of their annual revenues last year of $346 billion.

"Our customers ...

 
(MENAFN - AFP) Janet Yellen said Friday she expects the Federal Reserve to begin raising interest rates "at some point this year," saying delaying the long-awaited move risks the economy overheating.

But the Fed chair also stressed the economy still showed weaknesses, with significant job market slack not reflected in the 5.4 percent jobless rate.

The comments came ...

 
(MENAFN - AFP) Commodity markets diverged this week as traders balanced the strong dollar against supply concerns, while star performer cocoa hit seven-month peaks on output fears in key producer Ghana.

"Commodities in general ... ended the week on the defensive, pressured by renewed dollar strength," said Capital Economics analyst Julian Jessop.

OIL: World oil prices ...

 
(MENAFN - AFP) Striking Rio Olympics construction workers said Friday they had ended their stoppage after winning their demand for an eight percent pay rise.

Work on some of the venues for next year's Games came to a partial halt Tuesday when some 70 percent of 12,000 workers preparing South America's first Olympiad downed their tools.

"We have obtained an eight percent ...

 
(MENAFN - AFP) Europe's main stock markets closed mixed on Friday as investors' attention focused to an EU summit on relations with the ex-Soviet states and the Greek crisis as well as US inflation data.

In the euro area, Frankfurt's DAX 30 lost 0.42 percent to 11,815.01 points. and the CAC 40 in Paris dipped 0.07 percent to end the day at 5,142.89 points compared with Thursday's ...

 
(MENAFN - AFP) A data breach at a website billed as "the world's largest sex and swinger" community may expose personal and sexual information on millions of users worldwide, a report said Friday.

Stolen data from some 3.9 million members of Adult FriendFinder was leaked by hackers, according to an investigation by Britain's Channel 4.

The report said the leaked data ...

22 May 2015   US inflation steadies in April 
 
(MENAFN - AFP) US consumer prices barely edged higher in April as energy prices tumbled and food prices were flat, the Labor Department reported Friday.

The consumer price index increased 0.1 percent in April from March, when the CPI rose 0.2 percent for the second month in a row.

On an annual basis, inflation dug deeper into negative territory. The CPI was down 0.2 ...

 
(MENAFN - AFP) Eurozone stock markets slid on Friday as investors' attention shifted to an EU summit over relations with the ex-Soviet states and the Greek crisis as well as US inflation data.

In the euro area, Frankfurt's DAX 30 lost 0.16 percent to stand at 11,846.18 points in afternoon deals and the CAC 40 in Paris dipped 0.03 percent to 5,144.97 points compared with Thursday's ...

 
(MENAFN - AFP) The German parliament passed a new law Friday aimed at streamlining wage-bargaining and preventing small, localised industrial disputes -- like the recent strikes by train drivers and pilots -- from paralysing entire sectors.

But two trade unions immediately announced plans to try to block the controversial legislation, calling its approval a "black day" and ...

 
(MENAFN - AFP) The Dutch government decided Friday to start selling state-owned bank ABN Amro seven years after it was nationalised during the financial crisis.

"A first part will be sold from the fourth quarter," Finance Minister Jeroen Dijsselbloem told journalists after the weekly cabinet meeting.

The first tranche will be of 20-30 percent of the bank and the entire ...

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