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NEW YORK, July 11- Barclays Plc's planned sale of its index business could yield close to $1 billion for the British bank, more than double what had been expected, according to people familiar with the matter.
BEIJING, July 11- China and the United States have signed a preliminary agreement to cooperate on strategic petroleum reserves, China's National Energy Administration said, marking the first such effort between the world's top two oil consumers.
*BoE outlines two possible leverage ratio supplements. LONDON, July 11- The Bank of England proposed on Friday that Britain's biggest banks should set aside from 2019 more capital than planned under global rules being drawn up to prevent a repeat of the financial crisis.
*Central Bank outlines two possible leverage ratio supplements. LONDON, July 11- The Bank of England proposed on Friday that Britain's biggest banks should set aside from 2019 more capital than planned under global rules being drawn up to prevent a repeat of the financial crisis.
NEW YORK, July 11- General Electric Co's second-quarter earnings report next Friday comes soon after it prevailed in a two-month fight to acquire the power assets of France's Alstom.
LONDON, July 10- Two years ago Total's chief Christophe de Margerie launched a "high risk, high reward" oil exploration strategy, betting he could hit a bonanza, even though his rivals had failed to make big discoveries.
LONDON, July 10- A mountain of accumulating fines for banks that have broken the rules is making it harder for regulators to work out how much capital lenders need to hold to be safe, Bank of England Deputy Governor Andrew Bailey said on Thursday.
*Qatar sells about 5 pct of LSE, cutting stake by a third. LONDON, July 10- Qatar has sold a 5 percent stake in the London Stock Exchange for 260.1 million pounds, cutting its holding by a third and making a profit of around 20 percent, according to Reuters calculations.
TOKYO/ SYDNEY, July 10- The dollar traded around one-week lows against a basket of major currencies on Thursday, coming under pressure after minutes of the Federal Reserve's June meeting gave no clear indication about the timing of any interest rate rise.
The new index will be composed of companies with a female chief executive officer or women making up at least one-fourth of the board of directors, Barclays said on Wednesday in a statement. In connection with the launch, Barclays executives will ring the opening bell of the New York Stock Exchange on Thursday.
SYDNEY, July 10- The dollar started at one-week lows against a basket of major currencies on Thursday, coming under some pressure after minutes of the Federal Reserve's June meeting gave no clear indication on when interest rates will rise.
*Top buyers Japan, Indonesia put off purchases. That could hurt key exporters including the United States, Brazil, India and Ukraine, and will pile further pressure on prices for crops such as corn, wheat, soybeans and rice. The weather pattern typically sparks droughts across much of Asia and excessive rains in South America.
HONG KONG, July 8- Hong Kong shares finished flat on Tuesday, as gains in utilities offset losses in Macau casino stocks on concerns that revenues would suffer as gamblers focused on the final week of the World Cup. Among Macau gaming stocks, Galaxy Entertainment Group shed 2.7 percent and Wynn Macau 1.4 percent.
LONDON, July 8- Banks dampened a tentative rebound in European equity indexes on Tuesday as Germany's Commerzbank was said to be negotiating a settlement with U.S. authorities.
Hong Kong shares also edged lower, with the Macau gaming sector extending losses as revenue remained sluggish during the first week of July. The China Enterprises Index of the top Chinese listings in Hong Kong was flat.
NEW YORK, June 27- Each month, 42- year-old Abdirizak Alibos shows up at a money transfer business in the heart of Minneapolis to send $500 to his three children in war-torn Somalia.
LONDON/ FRANKFURT July 7- U.S. agribusiness Archer Daniels Midland has agreed to buy Swiss-German natural ingredient company Wild Flavors for 2.3 billion euros to enter the flavouring and the health-conscious food sectors.
LONDON, July 7- From a small, white-washed basement close to London's Liverpool Street station, Sakthi Ariaratnam is beating banks at what you would have thought was their own game- and it is relatively easy. On a recent Tuesday morning in the heart of London's City financial district, Sakthi's firm Best FX would sell you 124 euros for 100 British pounds.
LONDON/ FRANKFURT July 7- U.S. agribusiness Archer Daniels Midland has agreed to buy Swiss-German natural ingredient company Wild Flavors for 2.3 billion euros to enter the flavoring and the health-conscious food sectors.
ADM said it is buying food flavors and specialty ingredients company Wild Flavors for 2.2 billion euros ($3 billion) in cash.