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  • April 17- Honeywell International Inc, a diversified U.S. manufacturer of aerospace parts and climate control systems, reported a 10 percent rise in quarterly profit, helped by a fall in costs. Net income attributable to Honeywell rose to $1.12 billion, or $1.41 per share, in the first quarter ended March 31, from $1.02 billion, or $1.28 per share, a year earlier.

  • *West Africa produces 70 percent of world's cocoa. Other African companies such as Ghana's Golden Tree use local cocoa but import milk powder and sugar. Multinationals such as Nestle mass produce chocolate in South Africa for the continent's consumers and source ingredients globally.

  • *USTR Froman reportedly to visit Tokyo for ministerial talks. TOKYO, April 17- Japan and the United States look set to hold cabinet-level trade talks in coming days as the allies race to seal a bilateral trade deal, seen as crucial for a broader trans-Pacific free trade pact, ahead of a summit this month. Trade Representative Michael Froman will visit Tokyo to meet...

  • BEIJING, April 17- China will deepen interest rate reforms, state radio on Friday quoted Premier Li Keqiang as saying.

  • G20 SAYS WILL EXECUTE FISCAL POLICIES FLEXIBLY TO SUPPORT GROWTH; MANY ADVANCED ECONOMIES STILL NEED EASY MONETARY POLICIES- DRAFT COMMUNIQUE.

  • G20 SAYS WELCOMES STRENGTHENING IN SOME KEY ECONOMIES BUT CITES CHALLENGES, INCLUDING FOREX VOLATILITY AND LOW INFLATION WITH NEGATIVE INTEREST RATES- DRAFT COMMUNIQUE.

  • "China is importing about 30,000 tonnes of tin concentrate a year from Myanmar. There is scepticism about whether Indonesian producers will sign up to the idea of cutting exports, "said Robin Bhar, an analyst at Societe Generale. Indonesia's tin association said its members and PT Timah, the country's biggest tin exporter, will not trade at prices below $17,000 a...

  • April 17- General Electric Co said on Friday its quarterly industrial profit rose 9 percent as it focuses more on its manufacturing businesses, helped by improved profit margins. Overall, GE posted a first-quarter net loss of $13.6 billion, or $1.35 per share. Results were weighed down by about $16 billion in charges tied to its exit of GE Capital assets, which the...

  • LONDON, April 17- Lifting sanctions on Iran's oil industry could significantly change the outlook for oil supply and prices, the head of the U.S. Energy Information Administration told U.S. legislators. "If and when sanctions are lifted, EIA's baseline forecast for world crude oil prices in 2016 could be reduced $5- $15 per barrel," Adam Sieminski said to the...

  • LONDON, April 17- Britain postponed a sale of Treasury bills and global bond trading was hit by a power outage at news and market price provider Bloomberg on Friday, with trading volume in German government bond futures contracts tumbling by around a third. Social media first reported the Bloomberg systems going down at around 07:20 GMT and the screens were...

  • April 17- Drug developer Athersys Inc said its cell therapy failed in a mid-stage study testing it as a treatment for a type of stroke, sending its shares down more than 50 percent in premarket trading. Athersys said on Friday patients given the cell therapy did not show a significant difference from those given a placebo as measured by the Global Stroke Recovery...

  • BEIJING, April 17- With China's economic growth heading for a quarter-century low, think-tanks and advisers to the government are polarising into those calling for more stimulus to arrest the slowdown and a rival camp emphasising structural reforms as the route to sustainable growth. The debate among the think-tanks, which influence decision-making but do...

  • BERLIN, April 17- Martin Winterkorn will stay on as chief executive of Volkswagen, the German carmaker said on Friday, in an unprecedented defeat for its powerful chairman. Ferdinand Piech, the patriarch of Volkswagen's founding family, had provoked a showdown with Winterkorn by planting a comment in weekly magazine Der Spiegel last week that he had "distanced...

  • TOKYO, April 17- Japanese Economics Minister Akira Amari and U.S. Trade Representative Michael Froman are set to hold bilateral trade talks in Tokyo, Kyodo news agency said on Friday, citing unnamed sources close to the negotiations. Kyodo did not say when the two would meet, but other Japanese media have said they are aiming to meet on Sunday and Monday.

  • Athersys stroke treatment fails mid-stage study Friday, 17 Apr 2015 | 6:12 AM ET

    April 17- Drug developer Athersys Inc said its experimental cell therapy did not meet the primary and secondary endpoints of a study testing it as a treatment for a type of stroke.

  • LONDON, April 17- Emirates president Tim Clark said on Friday the airline is still waiting for a decision from Airbus over whether the planemaker will proceed with a revamp of the A380 superjumbo. Emirates, which is the leading buyer of the existing A380 jet with 140 orders, has said it would look at placing an order for up to 200 of the so-called A380neo jets should...

  • LONDON, April 17- Italy is likely to increase the average life of its debt this year for the first time since 2010 as European Central Bank bond purchases push yield-hungry investors towards riskier long-term debt. In a long-awaited turnaround of a trend that began during the euro zone debt crisis-- when Italy could only sell short-dated bonds-- the average...

  • LONDON, April 17- The prospect of deeper interest rate cuts took Russia's rouble more than 2 percent lower on Friday, knocking it off 4-1/ 2- month highs against the dollar, while Russian equity markets also slipped. "The rouble has appreciated so much recently that from the point of view of the central bank and government it makes sense to try and cap it so as not to...

  • SHANGHAI, April 17- Jiangsu province may delay a planned debt auction scheduled for April 23, three sources with direct knowledge of the situation told Reuters on Friday, signaling a possible rocky start for China's fledgling municipal bond market in 2015.. The 64.8 billion yuan auction, if it proceeds as planned, would be the first such official issue by a local...

  • *Firm guides to trading profit of no more than 1.4 bln stg. LONDON, April 17- Tesco will point to recent signs of recovery when Britain's biggest retailer reports annual results on Wednesday, though an expected big writedown on the value of its stores could highlight the work still needed to mend its finances. Since joining in September from consumer goods group...