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  • LONDON, June 17- The London Stock Exchange said on Tuesday it had signed agreements with two of China's biggest banks to develop offshore trading in the Chinese currency Britain. Bank of China will also work towards becoming a member of the London Stock Exchange, it added.

  • Gains in Germany's DAX props up European shares Tuesday, 17 Jun 2014 | 6:56 AM ET

    LONDON, June 17- Gains in Germany's DAX equity index and new signs of corporate takeover activity propped up European stock markets on Tuesday, enabling them to claw back lost ground.

  • *Gold falls after hitting 3- week high in previous session. LONDON, June 17- Gold fell on Tuesday as investors withdrew money from the top bullion fund before a Federal Reserve meeting, while platinum traded flat as details had yet to emerge on a wage agreement in the South African mining sector.

  • METALS-Copper gains, China stimulus measures in focus Tuesday, 17 Jun 2014 | 6:36 AM ET

    *China reaffirms 7.5 pct growth target. China is confident it will hit its growth target of 7.5 percent this year, Chinese Premier Li Keqiang said, adding the government was ready to adjust policy to ensure it does.

  • MANNHEIM, Germany, June 17- German analyst and investor morale unexpectedly fell again in June, to its lowest in about 1-1/ 2 years, a leading survey showed on Tuesday in a sign that second-quarter growth in Europe's biggest economy may weaken.

  • TIKRIT, Iraq, June 17- Iraq's biggest oil refinery, Baiji, has been shut down and its foreign staff evacuated, refinery officials said on Tuesday, adding that local staff remain in place and the military is still in control of the facility.

  • BRUSSELS, June 17- The European Union is working on an interpretation of its budget rules to accommodate Italy's demand to shift policy focus to growth, the outgoing leader of the European Parliament's Socialists and Democrats group, Hannes Swoboda said on Tuesday.

  • June 17- India's finance ministry has prioritised resolution of tax disputes involving telecoms companies, telecoms minister Ravi Shankar Prasad said on Tuesday.

  • MOSCOW, June 17- Russia's central bank is continuing to scale back its support for the rouble, signalling that its plan to let the currency float freely from the beginning of next year remains on track.

  • HONG KONG, June 17- Citigroup will pay HK $5.425 billion for its new Hong Kong headquarters, in the largest ever purchase of a single-block office building in the Asian financial hub, the U.S. bank said on Tuesday.

  • *BP likely to supply volumes from U.S.- source. MOSCOW/ MILAN, June 17- BP will sign a deal worth around $20 billion on Tuesday to supply China National Offshore Oil Corporation with liquefied natural gas, Chief Executive Bob Dudley said at a conference in Moscow.

  • SoftBank Capital is expected to lead the $50 million financing round, Kony's largest to date, with a group of existing and new investors including Insight Venture Partners, Telstra Ventures and Georgian Partners, the sources told Reuters. Representatives for Telstra Ventures and Georgian Partners were not immediately available for comment.

  • WASHINGTON, June 17- President Barack Obama will seek to highlight gains in advanced manufacturing in the United States during a trip to Pennsylvania on Tuesday as he tries to show how his administration is boosting economic growth without help from Republicans in Congress.

  • TIKRIT, Iraq, June 17- Iraq's biggest oil refinery, Baiji, has been shut down and its foreign staff evacuated, refinery officials said on Tuesday, adding that local staff remain in place and the military is still in control of the facility.

  • ACCRA, June 17- Ghana plans to reduce its public sector wage bill to 35 percent of government revenue in three years as part of a plan to restore macro economic stability, according to one of its deputy finance ministers.

  • *Iraq tension, oil spike bad news India inflation, growth, budget. MUMBAI/ NEW DELHI, June 17- India is ready to deal with any external shock arising from the Iraq crisis, its central bank chief said on Tuesday, even as a spike in oil prices heightens the inflation, growth and budget risks facing new Prime Minister Narendra Modi.

  • ACCRA, June 17- Ghana plans to reduce its public sector wage bill to 35 percent of government revenue in three years as part of a plan to restore macro economic stability, one of its deputy finance minister's says. "We are vigorously pursuing an action plan to make the wage bill sustainable," Casie Ato Forson told Reuters.

  • LONDON, June 17- A bout of mergers and acquisitions gave European stocks a shot in the arm on Tuesday, while commodity and emerging market investors were somewhat calmed by the absence of an escalation in the Iraq crisis overnight.

  • *Iran, world powers to meet in Vienna for nuclear talks. LONDON, June 17- Oil futures dipped towards $112 per barrel on Tuesday, with investors booking profits after a rapid spike in prices, but market players saw scope for further gains if violence in Iraq threatened production from OPEC's second-biggest producer.

  • Heatwave boosts India coal imports -research firm Tuesday, 17 Jun 2014 | 4:37 AM ET

    NEW DELHI, June 17- Indian coal imports climbed 12 percent in May from the year before, provisional data from research firm OreTeam showed, with power companies scrambling to meet demand as scorching weather drove customers to crank up fans or air conditioning.