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  • Conservative MP Boris Johnson speaks as he visits Bristol on May 14, 2016 in Bristol, England.

    U.K. Foreign Secretary Boris Johnson had on Thursday described one of the the EU's key positions on the negotiations as "complete baloney."

  • CHICAGO/ BEIJING, Sept 23- China on Friday slapped anti-dumping duties on a U.S. animal feed ingredient known as distillers' dried grains amid an intensifying spat between the world's two largest economies over agricultural trade which totaled over $20 billion last year. China is the world's top buyer of DDGS, a by-product of corn ethanol used by feed mills as a...

  • CHICAGO, Sept 23- U.S. soybean futures fell 2.1 percent to a one-week low on Friday on reports of big harvest yields and heavy farmer sales on the cash market, traders said. Chicago Board of Trade soft red winter wheat futures weakened as traders said ample global supplies were likely to blunt the impact of India's decision to slash its import tax on the grain.

  • VERSAILLES, France, Sept 23- Former Societe Generale trader Jerome Kerviel is liable for only 1 million euros of the 4.9 billion euros in losses he racked up at the bank, and not the whole amount, a French court ruled on Friday. The ruling by the Versailles Court of Appeals, the latest in a series of judgments on a case dating back to 2008, leaves a question mark hanging...

  • BERLIN, Sept 23- France and Germany warned on Friday against the introduction of new rules that would force banks to set aside more capital, saying this could choke off private lending and hurt growth prospects. Speaking after a meeting of the German-French economic council in Berlin, German Finance Minister Wolfgang Schaeuble and his French counterpart...

  • *Ontario Teachers cuts allocations to 10 funds- sources. LONDON, Sept 23- Canada's third-largest public pension plan has halved the number of computer-driven hedge funds in its investment portfolio and put more money into the funds its sticking with, sources with knowledge of the matter told Reuters. Ontario Teachers' allocates $11.4 billion to hedge funds,...

  • PARIS, Sept 23- A French appeals court on Friday ordered disgraced former Societe Generale trader Jerome Kerviel to pay the bank 1 million euros in damages for multi-billion dollar losses he racked up from equity derivative trades. The ruling by the Versailles Court of Appeals means the government could reclaim a 2.2 billion euro tax break that SocGen...

  • VERSAILLES, France— French court cuts damages owed by former trader Jerome Kerviel from 4.9 billion euros to 1 million euros.

  • *China anti-dumping levy on by-product may weigh. PARIS/ SINGAPORE, Sept 23- Chicago corn fell again on Friday as U.S. farmers made progress in gathering what is forecast to be their biggest ever crop after rain interrupted harvesting last week. The Chicago Board of Trade most-active corn contract gave up 0.7 percent to $3.34-1/ 2 a bushel by 1055 GMT, while soybeans...

  • The court said Kerviel was "partly responsible" for huge losses suffered in 2008 by Societe Generale through his reckless financial trades. "I'm hoping to get to zero in the end because I still think I do not owe anything to Societe Generale. Societe Generale's lawyer Jean Veil said the bank was satisfied with the ruling.

  • Most French voters are rejecting the old establishment: Expert

    Jonathan Fenby, director of European political research at TSL research group, shares his views on the key issues in the French presidential election.

  • *Europe expects Boeing to face pressure in next WTO rulings. GENEVA/ PARIS, Sept 22- The World Trade Organization said on Thursday the European Union had failed to rein in billions of dollars in subsidies to planemaker Airbus, ratcheting up tensions in the battle for airliner orders worth trillions of dollars a decade. The WTO said the EU and four nations- Britain,...

  • CHICAGO, Sept 22- Chicago Board of Trade corn futures sagged 1.1 percent on Thursday on a round of fund selling as the pace of harvest quickened around the U.S. "You had your... corn pushed up to a pretty solid area of resistance and the market backed off," said Dewey Strickler, president of Ag Watch Market Advisors. CBOT December corn futures settled down 3-1/ 4 cents at...

  • WASHINGTON— The Obama administration on Thursday claimed a victory in its long-running trade dispute with the European Union over whether the 28- country bloc is illegally helping airplane manufacturer Airbus. In June 2011, the World Trade Organization found that the EU and four of its member countries provided billions of dollars in subsidized financing...

  • PARIS/ SINGAPORE, Sept 22- Chicago soybean futures edged higher on Thursday as persisting concern about harvest rain in the U.S. Wheat was little changed, consolidating after a four-session rally as traders awaited the outcome of a tender by Egypt, the world's top wheat buyer, to see if suppliers would be convinced by the dropping of a zero-tolerance policy on...

  • PARIS/ SINGAPORE, Sept 22- Chicago soybean futures edged higher on Thursday as persisting concern about harvest rain in the U.S. Wheat was little changed, consolidating after a four-session rally as traders awaited the outcome of a tender by Egypt, the world's top wheat buyer, to see if suppliers would be convinced by the dropping of a zero-tolerance policy on...

  • BUDAPEST/ WARSAW, Sept 22- Some Central European assets firmed on Thursday amid a cautious rise in risk appetite after the U.S. Central Europe's economic growth outpaces that of the euro zone, its government debt yields are higher and currencies are expected to appreciate or ease only mildly over the next year. The forint firmed by 0.4 percent to 307.20 by 1014 GMT,...

  • PARIS— The heir of a New York art-dealing empire went on trial in Paris on Thursday for allegedly hiding his huge family fortune in offshore tax havens, prompting French authorities to demand hundreds of millions in back taxes. Apart from small parts of the estate owned in France and London, "the whole patrimony of Daniel Wildenstein was held in trusts" located in...

  • SVANGSTA, Sweden, Sept 22- Mustafa Ansari's journey ended one April morning in his bedroom in a quiet Swedish village. During nine months in Sweden, the authorities had not managed to carry out a single interview for his asylum application. His story highlights the limits on capacity even in a country like Sweden, which has one of the most open policies towards...

  • *France's Jean-Yves Le Drian to visit India to sign deal. NEW DELHI, Sept 21- India's cabinet cleared the purchase of 36 Rafale fighter jets from Dassault Aviation on Wednesday, paving the way for signing a deal that Prime Minister Narendra Modi is betting on to modernise the air force, a government source told Reuters. The acquisition is part of a $150- billion...