March 18 (Reuters) - The following are the top stories in
the Wall Street Journal. Reuters has not verified these stories
and does not vouch for their accuracy.
- Efforts by many of the world's central banks to weaken
their currencies are failing, raising concerns about whether
policy makers are losing the ability to wield control over
financial markets. This was the case again in Japan on Thursday,
when the dollar fell 1.1 percent against yen. (http://on.wsj.com/1Ua8DpS)
- TransCanada Corp TRP.TO , the company behind the
controversial Keystone XL oil pipeline project, agreed to buy
Columbia Pipeline Group Inc CPGX.N for $10.2 billion. (http://on.wsj.com/1Ua8Idi)
- Lear Corp LEA.N , one of the world's biggest auto
suppliers is pressing the United Auto Workers to agree to lower
wages in exchange for relocating jobs from Mexico back to
Detroit. (http://on.wsj.com/1Ua8K4W)
- WiseTech Global Ltd, a software company launched out of a
Sydney basement in the 1990s, said it had lodged a prospectus
with the Australia's securities regulator for an initial public
offering that could see it list with a market value of more than
1 billion Australian dollars ($765.50 million) after raising
A$100 million-A$220 million. (http://on.wsj.com/1Ua8NNW)
- JPMorgan Chase & Co (NYSE:JPM) JPM.N said its board authorized the
repurchase of an additional $1.88 billion of the New York bank's
stock through the end of the second quarter. (http://on.wsj.com/1UaaJWR)
- Since announcing plans to sell a minority stake in its
Paramount Pictures studio three weeks ago, Viacom Inc VIAB.O
said it has received interest from three dozen companies, even
as Paramount is experiencing a particularly weak quarter at the
box office. (http://on.wsj.com/1UaaMC5)
($1 = 1.3063 Australian dollars)