CAIRO, Nov 28- Egypt has paid back $2.5 billion that Qatar deposited with it to help prop up the Egyptian central bank's hard currency reserves, a central bank official said on Friday night, as the Qatari foreign minister arrived in Cairo for Arab League talks. The payment brings the amount Egypt has returned to Qatar to $6 billion, leaving $500 million outstanding,...» Read More
BEIJING, Aug 5- Growth in China's services sector slowed sharply in July to its lowest level in nearly nine years, a private sector survey showed on Tuesday, indicating a recovery in the broader economy is still fragile and may need further government support.
BEIJING, Aug 5- China's services sector grew at its slowest pace in nearly nine years in July as new business slowed to a trickle, a private survey showed on Tuesday, indicating a recovery in the broader economy is still fragile.
HONG KONG, Aug 5- Shares in WH Group Ltd, the world's biggest pork producer, are set to rise 9.7 percent in their Hong Kong trading debut on Tuesday as investors who weren't able to buy into the initial public offering jostle for a piece of the deal.
SYDNEY, Aug 5- London zinc climbed towards its highest in three years on Tuesday as prospects the United States may hold off raising interest rates encouraged investors to buy metals facing a supply crunch. *The most-traded October zinc contract on the Shanghai Futures Exchange finished the overnight session up 2 percent at 17,135 yuan a tonne.
NEW YORK, Aug 4- Global oil trading house Arcadia and two well-known traders will pay $13 million and face an unusual three-year limit on trading physical U.S. benchmark crude to settle a landmark lawsuit over manipulating oil prices in 2008.. In 2011, the CFTC alleged that Arcadia, a global oil trading firm owned by Norwegian billionaire John Fredriksen, its U.S.
SINGAPORE, Aug 5- Gold held steady below $1,290 an ounce on Tuesday but a stronger dollar and outflows from the world's top bullion fund threatened to weigh on sentiment.
SINGAPORE, Aug 5- U.S. crude futures steadied above $98 a barrel early on Tuesday as renewed worries over potential disruption to supplies from continuing unrest in Libya and Iraq helped oil bounce off six-month lows. *U.S. crude for September delivery was up 13 cents at $98.42 a barrel by 0007 GMT, adding to a 41 cent gain on Monday.
Aug 4- Gannett Co Inc, one of the newspaper owners of Cars.com, is nearing an agreement to buy the portion of the auto-sales website that it does not already own for $1.8 billion, people familiar with the matter said on Monday.
*Asia steady as Wall St gains on Portugal bank rescue, earnings. TOKYO, Aug 5- Asian stocks were mostly steady on Tuesday, halting the previous day's slide after Wall Street rallied on upbeat earnings and relief over Portugal's rescue of its largest listed bank, while lower bond yields kept the dollar away from recent peaks.
Treasury Secretary Jack Lew gives brief remarks before the Inaugural U.S.-Africa Business Forum in Washington- 1420 GMT. LONDON- Bank of England holds Monetary Policy Committee meeting. Defense Secretary Chuck Hagel visits India.
*China builders to grab a fifth of LNG ship orders to 2020- ABS. Up to 50 liquefied natural gas tankers, or more than 20 percent of the 225 LNG vessels expected to be added worldwide by the end of 2020, are set to be built in China to deliver gas to its ports, according to estimates from ship safety agency the American Bureau of Shipping.
NEW YORK, Aug 4- Global oil trading house Arcadia and two well-known traders will pay $13 million and face three-year limits on trading benchmark U.S. crude to settle a landmark lawsuit over manipulating oil prices in 2008.. In 2011, CFTC alleged that Arcadia, a global oil trading firm owned by Norwegian billionaire John Fredriksen, its U.S.
WASHINGTON, Aug 4- LinkedIn Corp agreed to pay about $6 million in back overtime and damages to 359 current and former employees after a U.S. Department of Labor investigation found the online career networking company violated the country's wage law.
SYDNEY, Aug 5- The U.S. dollar was stuck below a 10-1/ 2 month peak against a basket of major currencies early on Tuesday, having lapsed into uneventful trade in the usual post-payrolls data lull.
WASHINGTON, Aug 4- African leaders urged the United States on Monday to renew a trade benefits program giving duty-free access to billions of dollars of African exports for 15 years, saying it would help cement trade relations and boost development in the region.
Aug 4- Gannett Co Inc, one of the newspaper owners of Cars.com, is near an agreement to buy out the part of the auto-sales website that it does not already own for $1.8 billion, a source familiar with the matter said on Monday. This would be the latest step for Gannett to diversify its business away from newspapers.
BUENOS AIRES, Aug 4- Argentina's markets watchdog on Monday launched an investigation into what it believes may have been unlawful speculation by holdout creditors whose litigation against the country for repayment of their defaulted bonds pushed it into a new default last week.
SAO PAULO, Aug 4- Itaú BBA hired former Citigroup Inc banker Francisco Salas to head its investment banking unit in Mexico, as the Brazilian wholesale and investment bank seeks to expand financial advisory services in Latin America's second-largest economy.
NEW YORK, Aug 4- Three oil trading firms and two traders agreed to pay $13 million to settle a U.S. regulator's lawsuit accusing them of manipulating oil markets in 2008 as prices were soaring, leading to more than $50 million of illegal profit.
Aug 4- Solar and LED equipment maker GT Advanced Technologies Inc raised the lower end of its full-year 2014 adjusted profit forecast, citing higher gross margins for the second half of the year.