UPDATE 3-British Columbia cannot regulate Trans Mountain pipeline oil flows -court

A British Columbia court ruled on Friday that the provincial government cannot regulate increased flows of heavy crude through the proposed Trans Mountain pipeline, removing a potential hurdle to the long-delayed project. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/mLNV1C0nOBw/update-3-british-columbia-cannot-regulate-trans-mountain-pipeline-oil-flows-court-idUSL2N2300S0

UPDATE 2-Defying Congress, Trump sets massive arms sales to Saudis, UAE

U.S. President Donald Trump, saying there is a national emergency because of tensions with Iran, swept aside objections from Congress and cleared the sale of $8 billion worth of weapons to Saudi Arabia, the United Arab Emirates and Jordan. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/Hzt9gYem9j8/update-2-defying-congress-trump-sets-massive-arms-sales-to-saudis-uae-idUSL2N2300WX

EMERGING MARKETS-Latam FX firm, Mexican assets hit by poor GDP data

Most Latin American currencies climbed on Friday as the dollar weakened, but Mexico’s peso and stocks underperformed after data showed that its economy shrank in the first quarter. Regional currencies, except for Mexico’s, rose between 0.2% and 0.6% as the greenback slipped after orders for U.S.-made capital goods fell – further evidence that the broader...

Why the SAT needs a character check

To help more disadvantaged students get into higher education, the College Board has come up with a scoring metric beyond its own SAT test, which measures only verbal and math skills. Relying on public data, it looks at 15 factors in neighborhoods and schools that might negatively influence a candidate’s college readiness. If applicants come...

UPDATE 1-Brazil suspends operations of airline Avianca Brasil

Brazil’s civil aviation regulator ANAC said on Friday it had suspended all flights and operations of carrier Avianca Brasil in the country as a precautionary measure, following the company’s filing for bankruptcy late last year. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/YgK61qEJX8k/update-1-brazil-suspends-operations-of-airline-avianca-brasil-idUSL2N230128

UPDATE 3-United Airlines extends cancellations of Boeing 737 MAX flights into August

United Airlines said on Friday it is extending by one month its cancellations of Boeing Co 737 MAX flights, through Aug. 3, as the jetliner remains grounded following two fatal crashes. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/aF7XR8-o4hc/update-3-united-airlines-extends-cancellations-of-boeing-737-max-flights-into-august-idUSL2N2300V5

TREASURIES-U.S. prices slide, dip likely short-lived on trade fears

U.S. Treasury prices fell on Friday as investors booked profits from the previous day’s steep rally, although the decline was seen as a blip as the festering U.S.-China trade conflict could fuel furthe JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/ntPN-8PGVgk/treasuries-u-s-prices-slide-dip-likely-short-lived-on-trade-fears-idUSL2N2300YC