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U.S. sanctions Russian firms, vessels over N. Korea oil transfers

WASHINGTON, Aug 21 The United States on Tuesday announced sanctions on two Russian shipping companies and six vessels it said were involved in the transfer of refined petroleum products to North Korean vessels in violation of U.N. restrictions.

Energy, 11:12am EDT

UPDATE 1-Brazil's Samarco mine unlikely to restart in 2019 -BHP

SAO PAULO, Aug 21 There is little likelihood that Brazil's Samarco iron ore mine, a joint venture between Vale SA and BHP Billiton, will restart operations next year even though it expects to have all of the required licenses, a BHP spokesman said on Tuesday.

Basic Materials, Energy, 11:10am EDT

EU needs payment systems independent of U.S. to keep Iran deal alive- Germany

BERLIN, Aug 21 Europe needs to set up payment systems independent of the United States if it wants to save the nuclear deal between Iran and major powers that was abandoned by President Donald Trump, German Foreign Minister Heiko Maas said.

Financials, 11:09am EDT

UPDATE 1-Serbia may reintroduce compulsory military service -president

BELGRADE, Aug 21 Serbia might reintroduce compulsory military service, nine years after abolishing it, to help improve the combat readiness of its army in the Balkans, where tensions occasionally flare, President Aleksandar Vucic said on Tuesday.

11:08am EDT

American cuts second U.S.-China flight; cites fuel cost, competition

DENVER, CO Aug 20 American Airlines is cutting a route from Chicago to Shanghai, cancelling the second direct flight from the U.S. city to China in four months, the carrier said on Tuesday, citing higher fuel costs and a "competitive environment."

Stock Quote, 10:52am EDT
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