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  • WASHINGTON, April 23- Sales of new U.S. single-family homes tumbled to their lowest level in eight months in March, dealing a setback to the housing market recovery. The Commerce Department said on Wednesday sales dropped 14.5 percent to a seasonally adjusted annual rate of 384,000 units, declining for a second consecutive month.

  • NEW YORK, April 23- U.S. The Commerce Department said sales of new U.S. single-family homes dropped 14.5 percent to a seasonally adjusted annual rate of 384,000 units in March, declining for a second consecutive month.

  • CEOs back country-by-country tax reporting - survey Wednesday, 23 Apr 2014 | 10:38 AM ET

    LONDON, April 23- Most chief executives globally would support the publication of country-by-country financial information to help stamp out corporate tax avoidance, a survey showed on Wednesday. British lobby group the Confederation of British Industry said it still opposed the publication of country-by-country financial data.

  • *Chinese factory activity shrank again in April. *Euro zone businesses enjoy best month in nearly three years.

  • April 23- EMC Corp, the world's largest maker of data storage equipment, cut its full-year earnings forecast, citing acquisition-related costs in its VMware Inc unit. EMC's shares fell nearly 5 percent at open on the New York Stock Exchange on Wednesday.

  • PARIS, April 23- France's Safran rattled investors with first-quarter aerospace revenue hampered by pressures ranging from delayed deliveries of defence equipment to weaker helicopter sales and cold weather in North America. But its shares fell as much as 3.6 percent, leading France's blue-chip CAC 40 index lower.

  • Ukraine crisis seen speeding Gazprom deal with China Wednesday, 23 Apr 2014 | 10:24 AM ET

    *Gazprom has agreed to lower gas price- sources. MOSCOW/ BEIJING, April 23- Europe's plans to reduce its dependence on Russian energy as the Ukraine crisis threatens supplies are spurring efforts by Russia's top producer, Gazprom, to sign a deal next month to pump gas to China, industry sources say.

  • WASHINGTON, April 23- Japan's Showa Corp has agreed to plead guilty to fixing the prices of electric power steering assemblies and to pay a $19.9 million fine, the Justice Department said on Wednesday.

  • US STOCKS-Wall St edges lower following six-day S&P rally Wednesday, 23 Apr 2014 | 10:17 AM ET

    *Boeing rallies after results, outlook; AT&T drops. NEW YORK, April 23- U.S. stocks edged lower on Wednesday as strong results from Boeing failed to inspire investors to keep pushing equities higher following six straight days of gains.

  • *Adjusted Q1 profit 33 cents/ share Vs 29 cents estimate. Delta "has been outperforming on the revenue front and costs are being kept in line," said Kevin Crissey, an airline analyst with Skyline Research.

  • U.S. new home sales dive to eight-month low in March Wednesday, 23 Apr 2014 | 10:00 AM ET

    WASHINGTON, April 23- Sales of new U.S. single-family homes tumbled to their lowest level in eight months in March, dealing a setback to the housing market recovery. The Commerce Department said on Wednesday sales dropped 14.5 percent to a seasonally adjusted annual rate of 384,000 units, declining for a second consecutive month.

  • WASHINGTON, April 23- Japan's Showa Corp has agreed to plead guilty to fixing the prices of electric power steering assemblies and to pay a $19.9 million fine, the Justice Department said on Wednesday.

  • BRUSSELS, April 23- Britain should get a fair hearing for its concerns about the European Union but must not block extra powers for the euro zone, Jean-Claude Juncker, a leading candidate to take one of the bloc's top posts, said on Wednesday.

  • April 23- Dow Chemical Co, the No. 1 U.S. chemical maker by sales, reported a stronger-than-expected rise in quarterly profit as cost controls helped to boost margins in its divisions that make coatings, plastics and crop-protection products. Dow Chemical cut 5 percent of its workforce and shuttered 20 plants in late 2012..

  • BANGKOK, April 23- PTT Exploration and Production Pcl, Thailand's top oil and gas explorer, has bought Hess Corp's assets in Thailand in a $1 billion deal as part of its attempt to boost its gas business, the company's CEO said on Wednesday.

  • On a non-adjusted basis, however, Boeing's profit slid 13 percent to $965 million, or $1.28 per share, down from $1.11 billion, or $1.44 per share, a year earlier, the company reported on Wednesday. But analysts pointed to strong cashflow generation and Boeing's increase in share buy-backs in the quarter as reasons to push the stock higher.

  • NEW YORK, April 23- U.S. stocks dipped at the open on Wednesday despite upbeat corporate earnings as buyers appeared scarce following the longest streak of daily gains on the S&P 500 so far this year.

  • MOSCOW, April 23- Russia's Energy Ministry has proposed European Union Energy Commissioner Guenther Oettinger to hold a three-way meeting on gas between Russia, Ukraine and the European Commission in Moscow on April 28, a ministry spokeswoman said on Wednesday. "We send the letter to Oettinger proposing to hold the talks in Moscow on April 28," she told Reuters.

  • RUSSIA'S ENERGY MINISTRY SAYS PROPOSES THREE-WAY GAS TALKS WITH UKRAINE AND EUROPEAN COMMISSION IN MOSCOW ON APRIL 28.