Sept 17- Over the last several months there has been a' plateau and downward trend' in the use of Gilead Sciences Inc's controversial $1,000- a-pill hepatitis C treatment, Sovaldi, a CVS Health Corp analysis showed. The CVS Health Research Institute analyzed discontinuation rates for nearly 2,000 patients who filled prescriptions for Sovaldi since December.» Read More
Poor rains in India, where farmers depend on the annual June-September monsoon to irrigate nearly half their land, typically stoke inflation- a key worry for Prime Minister Narendra Modi's newly formed government. India has sold a total of about 11.5-12 million tonnes of wheat overseas in the past two years, dragging on global prices.
*Sales up 2.4 pct y/y, strongest since March 2007. BRUSSELS, June 5- Retail sales in the euro zone registered their strongest annual growth in seven years in April, outstripping expectations and suggesting Europeans may be willing to start spending again to support the fragile recovery.
*Ukraine president-elect works on peace plan with Western leaders. LONDON, June 5- Oil fell to a three-week low below $108 a barrel on Thursday as worries about risks to supply caused by violence in Ukraine eased on hopes that talks could resolve the situation.
BEIJING, June 5- China has stepped up efforts to stop quarterly economic growth falling towards 7 percent and thinks it has been successful for now after preliminary signs that a rapid slowdown has been arrested, sources involved in policy discussions say.
FRANKFURT, June 5- The European Central Bank is poised to impose negative interest rates on its overnight depositors, seeking to cajole banks into lending instead and to prevent the euro zone falling into Japan- like deflation.
BATAM, Indonesia, June 5- Indonesia's chief economics minister on Thursday questioned Newmont Corp's commitment to resolve a five-month long mineral export tax dispute, after executives from the U.S. firm did not attend meetings in Jakarta this week.
LONDON, June 5- Johnson Matthey, the world's biggest maker of metal catalysts used to control car engine emissions, posted a slightly better than expected profit on Thursday, helped by stricter vehicle emission rules, but warned of pressures ahead from foreign exchange rates and the loss of a supply contract.
JAKARTA, June 5- Newmont Mining Corp said on Thursday it has notified the Indonesian government that it is invoking force majeure at its Batu Hijau copper mine and plans to put most of the mine's employees on leave with reduced pay.
ROME, June 5- Global food prices fell in May for the second consecutive month as lower dairy, cereal and vegetable oil prices counteracted rising sugar and firm meat prices, the United Nations Food Agency said on Thursday.
NEW DELHI, June 5- Indian Prime Minister Narendra Modi will visit Washington to meet President Barack Obama in September, two Indian newspapers reported on Thursday, signaling a new start in ties with a leader once denied a visa by the United States.
June 5- Twitter Inc has been in talks with Berlin- based online music platform SoundCloud in its efforts to add a music service to its offering, the Financial Times reported citing people familiar with the matter.
BEIJING, June 5- The International Monetary Fund cut its 2015 economic growth forecast for China to about 7 percent, but urged authorities to avoid further stimulus measures and concentrate on curtailing financial risks instead.
*Euro holds near lows, seen hostage to ECB decision. *ECB expected to cut rates, may unveil loan programme.
*Euro drifting around $1.3600, near four-month trough. LONDON, June 5- The euro languished near four-month lows on Thursday as investors wait to see how aggressive the European Central Bank will be in loosening monetary policy to tackle the threat of disinflation.
HONG KONG, June 5- Hong Kong's main share index was dragged lower on Thursday by heavyweights Tencent and HSBC Holdings, though H-shares rose slightly lifted by auto and insurance companies. The Hang Seng Index closed down 0.2 percent at 23,109.66 points. Tencent Holdings fell 0.7 percent and HSBC Holdings Plc lost 0.4 percent.
FAO WORLD CEREAL STOCKS AT END OF 2015 SEASON 576 MLN TONNES, UP ALMOST 10 MLN TONNES FROM PREVIOUS ESTIMATE.
FAO WORLD WHEAT OUTPUT FORECAST IS NEARLY 703 MLN TONNES IN 2014, 12.6 MLN TONNES BELOW 2013 RECORD HARVEST.
FAO SAYS GLOBAL CEREALS OUTPUT FORECAST TO NEARLY 2.48 BLN TONNES, ALMOST 1 PCT UP FROM PREVIOUS FORECAST.
UN FAO WORLD FOOD PRICE INDEX AVERAGES 207.9 POINTS IN MAY, DOWN 2.5 POINTS FROM APRIL.
NEW YORK, June 5- Global index provider FTSE Group said on Thursday it is planning to introduce a new series of indexes that will allow investors to include China's mainland A-shares in global benchmarks at their discretion.