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  • Secretary of State John Kerry and his Russian counterpart, Sergei Lavrov, met on Tuesday to discuss a U.S. proposal for closer military cooperation on Syria. They met on the sidelines of a meeting of Southeast Asian nations in Laos, the second time they have met this month to discuss the Syria plan, which would see Washington and Moscow share intelligence to...

  • SINGAPORE, July 26- Chicago soybeans ticked higher on Tuesday but were still holding close to last session's a three-month low as a U.S. government report showed the crop in a healthy condition. Chicago Board Of Trade most-active soybeans gained 0.1 percent to $9.67-1/ 2 a bushel by 0210 GMT, having lost 4.6 percent in the last two sessions. Corn fell 0.2 percent to...

  • SINGAPORE, July 26- Chicago soybeans ticked higher on Tuesday but were still holding close to last session's a three-month low as a U.S. government report showed the crop in a healthy condition. Chicago Board Of Trade most-active soybeans gained 0.1 percent to $9.67-1/ 2 a bushel by 0210 GMT, having lost 4.6 percent in the last two sessions. Corn fell 0.2 percent to...

  • MELBOURNE, July 26- London copper was trapped near a one-week low on Tuesday as the appetite for risk among investors fell and volumes dwindled ahead of the U.S. Caution gripped Asian markets on Tuesday, sending the safe-haven yen higher ahead of central bank meetings in the United States and Japan, while a fresh skid in oil dampened energy stocks on Wall Street.

  • SYDNEY, July 26- U.S. soybean prices fell for a third straight session on Tuesday to trade around the lowest in more than three months, as fears over yields diminished after the U.S. Department of Agriculture said the crop withstood recent hot weather. *The most active soybean futures on the Chicago Board Of Trade fell 0.23 percent to $9.64 a bushel, having closed...

  • MELBOURNE, July 26- London copper was trapped near one-week lows on Tuesday as risk appetite dried up and volumes dwindled ahead of the U.S. *Shanghai Futures Exchange copper fell 1 percent to 37,790 yuan a tonne. *German business morale fell only slightly in July, a benchmark survey showed, suggesting Europe's largest economy has weathered the immediate storm...

  • SHANGHAI/ TOKYO, July 25- China dodged criticism of its economic management at a G20 meeting it hosted on the weekend, even winning plaudits for yuan transparency, much to the frustration of Japanese officials who are calling for more reforms from Beijing. "We have been very polite with China," said a European official at the meeting in the southwestern Chinese city...

  • BERLIN, July 25- Turkish President Tayyip Erdogan vowed on Monday to keep Turkey's promises in a migrant deal with the European Union but said the EU was failing to deliver on its side of the bargain. The EU struck a deal in March to reward Turkey for preventing migrants from crossing to Greece by channeling aid to Syrian refugees in the country, reviving accession...

  • LITTLE ROCK, Ark.— An execution drug obtained by the Arkansas prison system earlier this month appears to have been made by a subsidiary of Pfizer, even though the pharmaceutical giant has said it doesn't want its drugs to be used in executions. It matches labels submitted to the National Institutes of Health by Hospira, Inc., which Pfizer bought last year.

  • Trade Representative Michael Froman told his new British counterpart on Monday that the two countries cannot launch negotiations on bilateral trade and investment deals until more is known about Britain's future relationship with the European Union. Trade Representative's office said in a statement that Froman told UK Trade Secretary Liam Fox in a...

  • According to Caterpillar, the largest decline in machinery sales was in Latin America, down 38 percent from a year ago. "The demand environment continues to be weak in Latin America," Lawrence De Maria, an analyst at William Blair said in a research note. Total machinery sales were also down 12 percent in North America, down 7 percent in the Asia Pacific region, and down...

  • ROME/ MILAN, July 25- Specialist Italian pension funds will consider a request to invest 500 million euros in bad bank loans as Rome works to build a safety-net around Italy's No. 3 lender Monte dei Paschi ahead of European bank stress tests. The Tuscan bank, which has one of the heaviest bad loan burdens in Italy, is likely to be found short of capital under an adverse...

  • *Demise of BHS "the unacceptable face of capitalism". LONDON, July 25- Retail tycoon Philip Green's greed and disregard for corporate governance led to the demise of BHS and cost 11,000 jobs, a report by British lawmakers said, calling the collapse of the stores group "the unacceptable face of capitalism". Billionaire Green, 64, owned BHS for 15 years before he sold the...

  • And you have the specter of turnaround season not too far in the horizon, " Robert Yawger, senior vice president of energy futures at Mizuho Securities USA said. U.S. crude settled down $1.06 at $43.13 a barrel, after touching a three-month low of $42.97 during the session. Brent crude futures ended the session down 97 cents at $44.72 a barrel, after hitting their...

  • NEW YORK/ LONDON, July 25- Gold pared losses on Monday as the dollar and world stock markets turned lower ahead of central bank meetings in the United States and Japan. The world's major economies pledged at a G20 meeting over the weekend, dominated by Britain's vote last month to leave the European Union, to use all policy tools available to boost growth.

  • WASHINGTON— Britain's decision to quit the European Union has elevated the risks to U.S. financial stability, though they remain moderate, U.S. Treasury Department experts say. The report issued Monday by Treasury's Office of Financial Research comes a day after global finance officials promised to protect the world economy from the shockwaves of Britain's "...

  • NEW YORK, July 25- A Long Island banana importer serving prison terms for engaging in a cocaine distribution scheme and beating his girlfriend was sentenced on Monday to another 5-1/ 2 years in custody for stealing from his employees' retirement plan. District Judge Paul Engelmayer in Manhattan following his conviction in March on charges including pension...

  • SAO PAULO, July 25- Aurelius Capital Management LP has contacted bondholders in Oi SA's Netherlands- based units to challenge the basis of a prior restructuring accord that substantially lowered the recovery value of their bonds, seeking to gain clout in Brazil's biggest-ever bankruptcy reorganization. New York- based Aurelius, a distressed debt investment...

  • WASHINGTON, July 25- The U.S. financial system faces greater potential instability due to Britain's decision to leave the European Union while low and negative interest rates also raise risks, a U.S. government monitor said on Monday. In its biannual update on U.S. stability, the Office of Financial Research said overall risks "remain in the medium range but have...

  • And you have the specter of turnaround season not too far in the horizon, " Robert Yawger, senior vice president of energy futures at Mizuho Securities USA said. U.S. crude was down $1.05 at $43.14 a barrel by 1:50 p.m. EST, after touching a three-month low of $42.97. Brent crude futures were down 95 cents at $44.74 a barrel, after hitting their lowest since May 10 at...