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  • *Holcim net 310 million francs vs f'cast 340 mln. *Lafarge shares up 4.5 percent, Holcim up 2.0 percent. ZURICH/ PARIS, April 30- Swiss cement maker Holcim reported a jump in first-quarter net profit on Thursday, helped by asset sales, while its French merger partner Lafarge posted a better than expected rise in operating profit.

  • JABER CROSSING, Jordan— Jordan's overland trade has largely been paralyzed by recent border attacks from insurgents in neighboring Syria and Iraq— a spillover of regional turmoil threatening a close Western ally that has thus far succeeded in fending off Islamic militants. The violence has forced the closure of the only Syria- Jordan trade crossing and...

  • *China's Avic forecast to become world's biggest drone maker. While its technology lags the United States and Israel, the biggest vendors of unmanned aerial vehicles, China is attracting a growing list of foreign buyers including Nigeria, Pakistan and Egypt. Market researcher Forecast International pegged the value of production for military drones...

  • *China seeking foreign access for its high-speed trains-sources. BEIJING, April 29- China's top two trainmakers have been in discussions with Bombardier Inc about possibly buying a controlling stake in the Canadian company's railway unit, two sources with direct knowledge of the matter said. China CNR Corp Ltd and state-owned CSR Corp Ltd, now in the process of...

  • Time, and oil prices, ticking for Shell-BG deal Wednesday, 29 Apr 2015 | 10:50 AM ET

    *Shell CEO visits Trinidad, Brazil as regulatory approvals loom. LONDON, April 29- Rising oil prices are putting Royal Dutch Shell under pressure to execute its landmark $70 billion deal to buy rival BG as soon as possible before investors in BG start to take a more critical look at the terms. BG stock tends to perform better when the oil price recovers because it...

  • NAIROBI, April 29- Kenya's economic growth eased to 5.3 percent in 2014 as tourism fell and agricultural output slowed, but should pick up this year, a minister said on Wednesday. Waiguru said an improving global economy, helped by lower oil prices, would help Kenya's economy. "This is expected to impact positively on Kenya's economic growth," she said, adding any...

  • UPDATE 2-Thomson Reuters profit weighed down by currency Wednesday, 29 Apr 2015 | 8:30 AM ET

    April 29- Thomson Reuters Corp's first-quarter adjusted profits narrowly missed Wall Street expectations on Wednesday as a stronger U.S. dollar weighed on results, but organic revenues rose due to increases in its legal and tax& accounting businesses. Net sales, an important metric that strips out cancellations, were positive in the Americas, Europe, Middle...

  • April 29- Thomson Reuters Corp on Wednesday reported a rise in quarterly organic revenue on the strength of its Legal and Tax& Accounting businesses. Net sales, an important metric that strips out cancellations, were positive in the Americas, Europe, Middle East and Africa and Asia. Adjusted for special items, income was $353 million, or 44 cents per share, compared...

  • DUBAI, United Arab Emirates— With a rock crusher rattling and Dubai's gleaming skyscrapers in the distance, the United Arab Emirates on Wednesday pulverized a mound of contraband elephant tusks and ivory carvings confiscated in the Gulf country to send a message against poaching and ivory trafficking. The UAE is not a major destination for smuggled ivory, but...

  • *China seeking foreign access for its high-speed trains-sources. BEIJING, April 29- China's top two trainmakers have been in discussions with Bombardier Inc about possibly buying a controlling stake in the Canadian company's railway unit, two sources with direct knowledge of the matter said. China CNR Corp Ltd and state-owned CSR Corp Ltd, now in the process of...

  • SHANGHAI, April 29- China stocks recouped early losses and ended higher on Wednesday, with a surge in resources stocks and start-up companies offseting losses in banking shares amid signs of sustained investor enthusiasm. China's stock market has almost doubled during the past year, but "this round of bull run is not yet over," said Liu Yang, fund manager at Bosera...

  • SAN FRANCISCO, April 28- Apple's large-screen iPhones are a big hit in China, taking market share from Samsung and selling at a pace that may make China a greater source of revenue than the Americas for Apple in coming years, analysts said. The world's most valuable consumer electronics company reported on Monday a 71 percent increase in sales in China to $16.8...

  • UNITED NATIONS, April 28- The European Union sought to reassure Libya on Tuesday that any action being considered by the 28- nation bloc to stem the deadly flow of migrants across the Mediterranean should not be perceived as an attack against the Libyan people. After up to 900 people drowned trying to reach Europe from Libya last week, EU leaders tripled a naval...

  • LONDON, April 28- Ivory Coast will sell its debut Islamic bond in the next two to three months, and is assessing whether to make sukuk issues a regular part of fund raising, its minister for economy and finance said on Tuesday. In April, the Islamic Corporation for the Development of the Private Sector- an arm of the Jeddah- based Islamic Development Bank- said it would...

  • But the Dearborn automaker says the picture should improve as the year progresses, and it's still aiming for a full-year pretax profit of $8.5 to $9.5 billion, up from $6.3 billion in 2014.. First-quarter earnings of 23 cents per share compared with earnings of 25 cents per share in the same quarter a year ago. Revenue fell by 5 percent, or $2 billion, to $33.9 billion.

  • MELBOURNE, April 28- London copper edged up on Tuesday, supported by a weaker dollar and expectations that China may adopt fresh measures to shore up its struggling manufacturing sector. "But, obviously, generally China's overall economy is not that good at the moment, which is why the Chinese government has made these decisions. A senior official at China's top...

  • SHANGHAI, April 28- China Railway Construction Corp Ltd has signed two deals worth a combined $5.5 billion for construction projects in Africa, Xinhua reported late on Monday, as the country's railway firms increasingly flex their muscle overseas. CRCC's China Civil Engineering Construction Corporation unit will work on a $3.5 billion intercity railway...

  • ABUJA, April 27- A forensic audit of Nigeria's state oil firm released on Monday said the company, accused of corruption, actually overpaid the state by almost $750 million, but should still pay it an additional $1.5 billion. Details in the PriceWaterhouseCoopers audit said NNPC actually overpaid by $0.74 billion in the period between January 2012 to July 2013,...

  • DIARY- Emerging Markets Economic Events to May 11 Monday, 27 Apr 2015 | 2:32 PM ET

    SINGAPORE- Monetary Authority of Singapore releases its macroeconomic review- 0400 GMT. SEOUL- Bank of Korea will release minutes from its April policy rate meeting- 0700 GMT. BUCHAREST- National bank of Romania Governor Mugur Isarescu to attend financial seminar.

  • LISBON, April 27- Portugal's Galp Energia said adjusted first-quarter net profit more than doubled from a year earlier, in line with expectations, thanks to a sharp increase in refining margins and rising oil output. In his first news briefing as chief executive, Carlos Gomes da Silva also said Shell's acquisition of BG Group, which is Galp's partner in some...