PARIS, Dec 5- Renault has received a green light from Beijing authorities to begin Chinese car production in a $1.3 billion joint venture with Dongfeng Motor Group, the carmakers said on Thursday.» Read More
*Yields fall on Spanish paper, mixed for France. MADRID/ PARIS, July 18- Investors shrugged off political scandal in Spain and a credit downgrade in France on Thursday, queueing up at bond auctions having been persuaded by the U.S.
July 18- Blackstone Group LP, the largest alternative asset manager, said on Thursday that second-quarter earnings more than tripled as the value of its funds rose and it cashed out on parts of its portfolio, including SeaWorld Entertainment Inc..
July 18- Omnicom Group Inc, the largest U.S. advertising company and home to agencies such as BBDO Worldwide and DDB Worldwide, reported higher quarterly profit due to a 2.4 percent rise in revenue in its domestic market. Net income rose to $289.5 million, or $1.09 per share, in the second quarter, from $282.7 million, or $1.02 per share, a year earlier.
DETROIT, July 18- AutoNation Inc, the largest U.S. auto dealer group, posted a higher second-quarter profit on Thursday as new-vehicle sales jumped 11 percent. AutoNation's net income rose 14.4 percent to $89.9 million, or 73 cents a share, from $78.6 million, or 64 cents a share, a year earlier.
*Q2 Copper output climbs 14 percent. LONDON, July 18- Anglo American posted an unexpected rise in copper production in the second quarter, a bright spot in an otherwise tough three months for the miner, which is set to unveil a major strategy review next week.
*FTSEurofirst 300 up 0.2 percent. LONDON, July 18- European shares edged higher on Thursday, buoyed by the media sector after good results from Publicis, but weighed down by weakness in tech shares as a mixed earnings season picked up pace. British peer WPP gained 2.7 percent, with traders citing readacross from Publicis' results.
PARIS, July 18- Carrefour said business was improving at its core French hypermarkets and sales turned positive in China for the first time since 2011, further reassuring investors about boss Georges Plassat's ability to revive Europe's largest retailer.
HELSINKI, July 18- Nokia missed analysts forecasts for sales of its handsets in the second quarter as the company struggles to recapture market share it has lost to rivals Samsung and Apple.
LONDON, July 18- Most people in Britain want to reduce reliance on fossil fuels, but due more to fears of shortages and rising prices than to fears about climate change, according to a poll developed by researchers at Cardiff University and funded by the UK Energy Research Council. Nearly 2,500 people were surveyed across England, Scotland and Wales in August 2012.
HELSINKI, July 18- Nokia sold fewer handsets than expected in the second quarter, showing it was still far from regaining market share it has lost to rivals Samsung and Apple. Looking at NSN's cash flow and results, the business seems to be a decent back-up plan for Nokia. " MIKAEL RAUTANEN, ANALYST, INDERES EQUITY RESEARCH.
BANGALORE, July 18- Emerging Asia will show little increase in economic growth rates this year due to weak exports, with China giving more priority to making needed reforms, and India tightening policies to defend its beleaguered rupee, Reuters polls showed on Thursday.
July 18- UnitedHealth Group Inc on Thursday reported a bigger-than-expected rise in second-quarter net income as it enrolled more people in private and government-paid health insurance plans and sold more health technology systems.
LONDON, July 18- World shares were steady near all-time highs and the dollar and benchmark U.S. The yen was under pressure in the currency markets as focus switched to Japanese weekend elections that are expected to strengthen the hand of Prime Minister Shinzo Abe and his radical economic stimulus policies.
NEW DELHI, July 18- India has extended a temporary approval to Iranian underwriters Kish P&I Club and Moallem Insurance Co for covering container and tanker vessels calling at Indian ports, in a move that should clear a backlog of non-oil shipments.
*Yen weakens before Japan upper house election. LONDON, July 18- The yen fell on Thursday, dropping to a seven-week low against the euro, as hedge funds sold the currency before Japanese upper house elections on Sunday that would strengthen Prime Minister Shinzo Abe's position.
HELSINKI, July 18- Nokia sold fewer handset than expected in the second quarter, showing it is still far from regaining market share it has lost to rivals Samsung and Apple. Nokia said it shipped 7.4 million Lumia smartphones in the quarter, up 32 percent from the first quarter but fewer than the 8.1 million units analysts had anticipated in a Reuters poll.
July 18- UnitedHealth Group Inc, the nation's largest health insurer, said on Thursday that second-quarter net income rose as revenue grew across its businesses that provide health insurance, manage corporate health plans and build health technology systems.
BEIJING, July 18- The pace of China's month-on-month home price rises edged down for a third straight month in June though the year-on-year gains were the strongest this year, underlining the challenges facing Beijing's near four-year-old campaign to tame housing inflation.
*China bonded premiums stabilise around $180- Shmet. LONDON, July 18- London copper drifted to a one-week low on Thursday on a firmer dollar and after another major mining group reported higher output, reminding investors about the potential for excess supplies to swamp the market.
SEOUL, July 18- Flat-screen maker LG Display Co Ltd, a key supplier to Apple Inc, said on Thursday that it was seeking to broaden its smartphone customer base, betting that diversification would bolster its second-half earnings.