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  • *Opel says accusations "wrong and unfounded". BERLIN, Oct 23- General Motors' Opel division has denied violating European environmental standards after researchers said tests on one of its latest models had shown excessive emissions of nitrous oxide. German environmental lobby group DUH said on Friday that the emissions from Opel's Zafira 1.6 CDTi...

  • A stronger dollar makes U.S. commodities less attractive in international markets, and corn and wheat already have lost export share to cheaper supplies shipped out of the Black Sea and South America. Another interest rate cut in top global soy buyer China also sparked fears among some commodities investors of reduced imports even as crushers there...

  • Sainsbury's experiments to win back shoppers Friday, 23 Oct 2015 | 12:00 PM ET

    LONDON, Oct 23- British grocer Sainsbury is trialing radically different supermarket layouts and an increased range of checkout options as it seeks to respond to changing shopping trends. All of Britain's big four supermarkets- market leader Tesco, Wal-Mart's Asda, Sainsbury and Morrison- have seen sales and profits hurt by changes to consumer habits that...

  • BRUSSELS, Oct 23- Europe's top data privacy watchdog called on firms to limit transfers of Europeans' personal data to the United States, sounding a warning after a court struck down a pact between the regions over concerns about U.S. government surveillance. The Court of Justice of the European Union earlier this month struck down a 15- year-old system enabling...

  • *Gold falls, as China rate cut could ease way for Fed hike. *Gold on course for weekly loss, snapping two weeks of gains. LONDON, Oct 23- Gold fell on Friday after the dollar soared to its highest in more than two months and China eased monetary policy for the sixth time in a year, reviving expectations for a U.S. rate rise.

  • Oct 23- The U.S. Food and Drug Administration said it approved Johnson& Johnson's chemotherapy for specific soft-tissue sarcomas that have spread to other parts of the body or cannot be removed by surgery. The drug, Yondelis, is designed to delay the progression of cancer that occurs in fat cells or smooth muscle cells in patients who have previously received...

  • Oct 23- United Airlines said on Friday it reached a tentative deal with the union representing its maintenance workers, paving the way for a wage hike and the first contract to cover technicians from both United and Continental since the airlines merged in 2010.. Ratification would mark an achievement for the new management team at United Continental...

  • *Alphabet, Amazon, Microsoft spark rally in tech stocks. Oct 23- All three major U.S. indexes rose to two-month highs on Friday, after an unexpected rate cut in China amplified a rally driven by strong results from Microsoft, Alphabet and Amazon. Microsoft's shares rose 11.61 percent to $53.61, their highest in 15 years, after the company's adjusted revenue beat...

  • *Oil rises first on China rate, then succumbs to dollar rally. NEW YORK, Oct 23- Oil fell on Friday, erasing early gains as traders dismissed a rate cut by China to focus on a surging dollar and weaker spot prices for U.S. crude as a glut weighed on prompt supplies. Brent crude oil was down 28 cents at $47.80 a barrel by 11:10 a.m. EDT, after falling as much as 63 cents earlier.

  • Oct 23- Valeant Pharmaceuticals Inc shares rebounded on Friday from four days of steep losses over allegations it used specialty pharmacies to inflate revenue, which the company plans to refute in detail on Monday. On Friday, shares climbed about 9 percent in Toronto and New York to C $157.07 and $119.50 respectively. "I'm hoping the modest bounce today is the...

  • *Italy set price for Poste Italiane IPO at 6.75 euros/ share. *Outcome shows investor confidence in Italy- minister. ROME/ MILAN, Oct 23- Italy will raise nearly 3.4 billion euros from the sale of a minority stake in its post office in a stock market listing welcomed by the government as a vote of confidence for its business reforms.

  • Oct 23- Google parent Alphabet Inc, Microsoft Corp and Amazon.com Inc made headway in the latest quarter in the areas that will be their main engines of growth for years to come, driving up shares across the tech sector on Friday. Microsoft's growing emphasis on cloud computing under Chief Executive Satya Nadella also put the company on track successfully...

  • FDA approves J&J's chemotherapy Yondelis Friday, 23 Oct 2015 | 11:00 AM ET

    Oct 23- The U.S. Food and Drug Administration said it approved Johnson& Johnson's chemotherapy for specific soft-tissue sarcomas that cannot be removed by surgery or have spread to other parts of the body. The drug, Yondelis, is designed to fight cancers that occur in the fat cells and in smooth muscle cells. About 12,000 cases of soft-tissue sarcoma were...

  • LONDON, Oct 23- Mario Draghi's signal on Thursday that the ECB is about to unleash even more monetary stimulus sent the euro and bond yields lower while supercharging European stocks. Weakening the euro is one critical way in which the European Central Bank can spur the economy and inflation by cheapening exports and partly offsetting the slump in...

  • NEW YORK, Oct 23- Oil fell on Friday, paring its early gains as traders dismissed a rate cut by China to focus on a surging dollar and weaker spot prices for U.S. crude as a glut weighed on prompt supplies. Brent crude oil was down 7 cents at $48.01 a barrel by 10:49 a.m. EDT, after falling as much as 63 cents earlier. "It's terrible price action considering China's rate cut,"...

  • Oct 23- United Airlines on Friday said it has reached a tentative deal with the union representing its maintenance workers, paving the way for the first contract to cover technicians from both United and Continental since they merged in 2010.. The workers must vote on the deal negotiated by their union, the International Brotherhood of Teamsters, before it...

  • NEW YORK, Oct 23- The euro stumbled to a two-month low against the dollar on Friday, still struggling after the European Central Bank a day earlier signalled further monetary easing to fire up an economy grappling with sluggish growth and low inflation. Europe's common currency was down 2.8 percent versus the dollar for the week, on track for its worst weekly...

  • *Copper, nickel retreat after touching 1- wk highs. *China cuts rates for sixth time since Nov. LONDON, Oct 23- Copper fell on Friday, retreating from a one-week high after a strong dollar offset optimism stemming from top metals consumer China cutting interest rates to boost its slowing economy.

  • LONDON, Oct 23- Britain's Lloyds Banking Group has failed in an attempt to strike out a key allegation by a group of investors, suing it for allegedly misleading them in the run-up to its acquisition of Halifax Bank of Scotland in January 2009. The Lloyds Shareholder Action Group, including 5,700 private investors and 300 financial institutions such as pension...

  • Oct 23- Royal Caribbean Cruises Ltd, the world's No.2 cruise operator, reported a better-than-expected quarterly profit as customers spent more onboard and demand rose for its Caribbean and European cruises. The company has been struggling to boost sales in its biggest market, the Caribbean, where over capacity led to intense competition from larger rival...