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  • *Global Fashion Group sees valuation cut to 1 bln euros. STOCKHOLM/ FRANKFURT, April 27- Sweden's Kinnevik revealed a big drop in the value of Global Fashion Group, highlighting concerns over how much digital consumer businesses are worth and knocking shares in co-investor Rocket Internet. Kinnevik and Rocket disclosed a new funding round of 300 million euros...

  • LONDON, April 27 (Reuters)- European shares were little changed on Wednesday amid a mixed set of corporate earnings, while the Greek market underperformed after euro zone officials delayed a meeting on the country's bailout. Greece's benchmark ATG equity index fell 3.7 percent, making it the worst-performing market in the region. The Athens market fell after...

  • LONDON, April 27- Asian tech stocks led emerging equity losses on Wednesday, battered by a Wall Street selloff and signs of economic weakness, though firmer oil and expectations of a dovish U.S. MSCI's emerging equity index was flat after some of its biggest components- China, Taiwan and South Korea- closed in the red, with Hong Kong down 0.4 percent and the latter two...

  • *Apple, Twitter results weigh on tech stocks in Europe and Asia. LONDON, April 27- European shares followed Asia's lower on Wednesday, as technology stocks fell after worse-than expected results from Apple and Twitter, while a weaker dollar before a U.S. monetary policy decision kept oil close to 2016 highs. Japan's Nikkei index closed 0.4 percent lower and Taiwan...

  • LONDON, April 27- European stocks slipped on Wednesday, weighed down by some weak corporate earnings, while the Greek market underperformed after euro zone officials delayed a meeting on the country's bailout. Greece's benchmark ATG equity index fell 4 percent, making it the worst-performing market in the region. The Athens market fell following the...

  • PARIS— Lagging oil prices pushed first quarter profits down 40 percent at France's Total SA, though cuts in costs and investments cushioned the blow. The energy company on Wednesday announced net income of $1.6 billion in the quarter, down from $2.66 billion in the same period last year. Total sold off assets in the North Sea and announced a sale of its stake in...

  • Asian shares are mixed as investors await the outcome of a policy meeting by Japan's central bank that is expected to result in more stimulus for the world's third-largest economy. Japan's Nikkei 225 index gained 1.6 percent to 17,560.56 while Australia's S&P/ASX 200 was up 0.6 percent at 5,282.20. U.S. crude oil has lost 18 cents to $45.14 a barrel in...

  • NEW YORK— U.S. stocks rose Wednesday after the Federal Reserve left its key interest rate unchanged, as investors expected. Energy companies climbed again as the price of oil came close to a six-month high. But David Kelly, chief global strategist JPMorgan Chase, said that might be a problem because the Fed didn't make its intentions clear on Wednesday.

  • Investors also are watching for the outcome of policy meetings by the U.S. Federal Reserve and Bank of Japan. Japan's benchmark Nikkei 225 lost 0.4 percent to 17,276.52. Benchmark U.S. crude oil rose 44 cents to $44.48 a barrel in electronic trading on the New York Mercantile Exchange.

  • TOKYO, April 27- Japanese government bond prices slipped on Wednesday, taking cues from falls in U.S. bonds as market players adjusted their positions ahead of crucial central bank policy meetings in the United States and Japan. Treasuries yield rose to a one-month high of 1.941 percent, as investors made room for government debt supply in Europe and the United...

  • NEW YORK, April 26- U.S. Treasury yields rose on Tuesday, with the benchmark 10- year yield hitting its highest levels in almost five weeks as investors made room for government debt supply in Europe and the United States. "The surprise will be any significant change in their message from their March statement," said Ira Jersey, fixed-income strategist at...

  • In Latin America, weak demand in Brazil and the negative impact of currency exchange pulled sales down to $705 million, from about $900 million a year ago, the company said. During a conference call with Wall Street analysts Whirlpool's COO Marc Bitzer pointed to Russia and the United Kingdom as specific drags on Whirlpool's European sales.

  • NEW YORK— Stocks finished mostly higher Tuesday in another cautious day of trading. Julian Emanuel, U.S. equities and derivatives strategist for UBS, said investors are waiting to see the results of Federal Reserve and Bank of Japan policy meetings in the next few days. The Fed is expected to leave interest rates unchanged, while the Bank of Japan could take new...

  • *Saudis, Iran may ramp up output in race for customers. LONDON, April 26- Oil prices rose on Tuesday, boosted by a weaker dollar and by expectations that demand could grow quickly enough to match supply this year, although concern over a potential battle for market share between Saudi Arabia and Iran limited gains. Front-month Brent crude futures were up by 59 cents...

  • DUBLIN _ Ingersoll-Rand PLC on Tuesday reported first-quarter net income of $152.4 million. For the current quarter ending in July, Ingersoll-Rand expects its per-share earnings to range from $1.27 to $1.32. Ingersoll-Rand shares have climbed 16 percent since the beginning of the year, while the Standard& Poor's 500 index has risen 2 percent.

  • LONDON, April 26- World stocks climbed for the first time in four days on Tuesday and a weaker dollar helped oil prices gain too, as investors fine-tuned their expectations for monetary policy meetings in the United States and Japan. The pan-European FTSEurofirst 300 stock index climbed half a percent, while Britain's FTSE 100 gained 0.4 percent.

  • *Saudis, Iran may ramp up output in race for customers. SINGAPORE/ LONDON, April 26- Crude futures edged up on Tuesday due to a weaker dollar and hopes for an easing of the global oil glut, although gains were capped by concerns that a battle for market share between Saudi Arabia and Iran could intensify further. Front-month Brent crude futures traded at $44.75 per...

  • NEW YORK— All times local. ConocoPhillips jumped 4 percent Tuesday, while Pioneer Natural Resources climbed 8 percent. Trucking company Ryder System rose 6 percent after reporting results that were better than analysts had expected.

  • Asian stock markets are falling Tuesday ahead of U.S. Federal Reserve and Bank of Japan policy meetings, as commodity prices run out of steam, dragging on big miners. Japan's Nikkei 225 fell 1.1 percent to 17,253.54 and South Korea's Kospi was down less than 0.1 percent at 2,014.15. Hong Kong's Hang Seng index dropped 0.8 percent to 21,131.45 and Australia's...

  • SEOUL, South Korea— Asian stock markets fell Tuesday ahead of U.S. Federal Reserve and Bank of Japan policy meetings, as commodity prices ran out of steam, dragging on big miners. Taiwan was higher but markets in Singapore, Indonesia and the Philippines declined. JAPAN WATCH: A string of economic reports are due before the Bank of Japan's monthly policy meeting on...