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SINGAPORE, June 16- Gold hit its highest in nearly three weeks on Monday, as turmoil in Iraq supported the metal's safe-haven appeal, while platinum group metals gained ahead of the outcome of wage talks to end a five-month long strike in South African mines.
SEOUL, June 16- U.S. crude oil futures rose to a near nine-month high above $107 a barrel on Monday in Asian trade as an insurgency in Iraq intensifies concerns over a potential disruption to oil exports from the second-largest OPEC producer. On Friday, it rose as high as $107.68 before settling up 38 cents at $106.91 per barrel, the highest level since Sept. 18.
June 15- U.S. medical device maker Medtronic Inc said on Sunday it had agreed to buy Covidien Plc for $42.9 billion in cash and stock and move its executive base to Ireland in the latest transaction aiming for lower corporate tax rates abroad.
TOKYO, June 16- Asian shares got off on the back foot on Monday, as crude extended gains and tested nine-month highs on fears the insurgency in Iraq could worsen and affect oil exports.
LONDON, June 16- Half of the firms in the global asset management industry will be gone by 2030 as new technology, demographic shifts and changing social habits transform the industry, consultants KPMG said in a report.
June 15- U.S. medical device maker Medtronic Inc said on Sunday it would buy Covidien Plc for $42.9 billion in cash and stock, moving its executive base to Ireland in the latest transaction to seek lower corporate tax rates abroad.
*Airbus, Safran set to form jv in space launchers- sources. PARIS, June 15- Airbus Group and Safran are set to boost co-operation with a joint venture in space launchers, aiming to galvanize Europe's competitive response to U.S. low-cost rival SpaceX, people familiar with the matter said.
MOSCOW/ KIEV, June 16- Russia and Ukraine failed to resolve a gas pricing dispute at talks and a 0600 GMT deadline for Ukraine to pay $1.95 billion in gas debts still stands, a spokesman for Russian natural gas producer Gazprom said on Monday.
BONN, Germany, June 15- The use of carbon markets to curb rising greenhouse gas emissions was dealt a blow on Sunday after two weeks of United Nations talks on designing and reforming the mechanisms ended in deadlock. "It is disappointing we didn't move forward," said Elina Bardram, an official at the European Commission representing the 28 EU nations at the talks.
RUSSIA AND UKRAINE FAIL TO END GAS DISPUTE, GAZPROM SAYS@. MOSCOW, June 16- Russia and Ukraine have failed to resolve a gas pricing dispute at talks and a 0600 GMT deadline for Kiev to pay $1.95 billion in gas debts still stands, a spokesman for Russian natural gas producer Gazprom said on Monday.
*China warned Britain on eve not to lecture it on rights. Britain's relations with China took a nosedive in 2012 after Prime Minister David Cameron met the Dalai Lama, the Tibetan spiritual leader whom Beijing says is a separatist.
PARIS, June 15- Airbus Group and Safran look set to boost co-operation in the space launch industry with a joint venture, accelerating Europe's response to competition from U.S. low-cost rival SpaceX, people familiar with the matter said. Airbus Group and Safran declined comment.
A subsequent merger of Williams' MLP, Williams Partners LP, with Access, will, if successful, create one of the largest MLPs by enterprise value- close to $100 billion.
BEIJING, June 16- Two cuts in reserve requirements for selected banks by the People's Bank of China since April are estimated to have released 150 billion yuan into the world's second-largest economy, the median forecasts in a Reuters poll of analysts show.
BEIJING, June 16- China's piecemeal approach to loosening monetary policy this year may be discreet, but the cumulative effect is proving just as powerful as an outright cut in bank reserves.
KUALA LUMPUR, June 16- The storm of bad publicity that hit confectioner Cadbury in Malaysia after its chocolates tested positive for traces of pork highlights the costly, religious minefield food companies must navigate as they rush to tap the surging $1 trillion global halal market.
NEW DELHI, June 16- For a coal producer trying to navigate India's complex federal structure, size matters. That harsh lesson was learnt by S. Narsing Rao, the outgoing chairman and managing director of Coal India Ltd, the world's biggest coal miner. Even though it is India's second-biggest coal producer, it is small compared with Coal India.
BEIJING, June 16- After taking a social media drubbing in the West for accepting self-censorship in China, jobs networking site LinkedIn Corp faces bigger obstacles to growth in a market it is counting on- local rivals and a unique workforce mindset.
MELBOURNE/ WELLINGTON, June 16- New Zealand decides this week whether to approve an underwater iron-ore operation that would likely become the world's first commercial metals mine at the bottom of the sea.
TOKYO, June 16- Bank of Japan Governor Haruhiko Kuroda has a simple message for Prime Minister Shinzo Abe: It's time to fire the' third arrow' of reform or risk squandering the efforts of the past 18 months to revive the Japanese economy.