LAAYOUNE, Western Sahara-- Police clashed with stone-throwing demonstrators in a city of Western Sahara on Tuesday during a protest against a new fishing accord that gives EU boats access to rich coastal waters.» Read More
NEW YORK, June 19- U.S. Anxious investors have awaited further signs from the Fed since Chairman Ben Bernanke on May 22 said the Fed may decide to pare its purchases in the next few meetings if the economic recovery maintains momentum.
*Positive results might have added $1 bln to peak sales. LONDON, June 19- AstraZeneca and Bristol-Myers Squibb's diabetes drug Onglyza failed to reduce heart risks in a large clinical study, disappointing investors who had thought it might demonstrate an edge over rivals.
Orascom Telecom, an Egyptian company that is majority-owned by Vimpelcom, said on Wednesday it has dropped its application to the Canadian government for permission to take control of Wind. Orascom had initially bankrolled Wind Mobile's operations in Canada before being bought by Vimpelcom.
*Shares of sole Brazil exchange BM&FBovespa sink 3.5 pct. SAO PAULO, June 19- NYSE Euronext and Americas Trading Group are seeking Brazilian regulatory approval to open a new stock exchange, and the venture's officers said on Wednesday they believe it can boost trading volumes and liquidity in Latin America's largest equity market.
*Obama makes first trip to Berlin as U.S. president. *Leaders touch on Afghanistan, Syria, economy. BERLIN, June 19- President Barack Obama defended U.S. anti-terrorism tactics on a visit to Berlin on Wednesday, telling wary Germans Washington was not spying on the emails of ordinary citizens and promising to step up efforts to close the Guantanamo Bay prison.
Adobe, FedEx shares rise after results. NEW YORK, June 19- U.S. stocks were little changed on Wednesday before the Federal Reserve releases a statement which could provide clues about the Fed's future stimulus efforts, a key to the market's continued rally.
SAO PAULO, June 19- Petróleo Brasileiro SA, Brazil's state-run oil company, and China Petroleum and Chemical Corp are in talks to build a $20 billion, 300,000- barrels-a-day refinery in the South American country, according to a securities filing on Wednesday.
NEW YORK, June 19- U.S. The Fed statement is due at 2 p.m., when it will also issue economic and interest rate projections. It will be followed by a news conference with Fed Chairman Ben Bernanke.
WASHINGTON, June 19- The top U.S. derivatives regulator fined ABN AMRO Clearing Chicago LLC $1 million for a raft of breaches in the handling of customer accounts over a period of three years.
*Dollarisation spreads as Syria pound loses purchasing power. AMMAN, June 19- Since the latest nosedive in the Syrian currency, Damascus shopkeeper Aboud Katebee can no longer put price stickers on the imported chocolate bars he sells in the middle class Jaramana neighbourhood.
LONDON, June 19- Brent oil rose on Wednesday supported by fears that violence in Syria could spread elsewhere in the region, disrupting supply, while investors looked to a meeting of the Federal Reserve later in the day for clues on the outlook for continuing stimulus.
NEW YORK, June 19- Long-dated U.S. Anxious investors have awaited further signs from the Fed since Chairman Ben Bernanke on May 22 said the Fed may decide to pare its purchases in the next few meetings if the economic recovery maintains momentum.
*Copper touches lowest level since May 3. LONDON, June 19- Copper slid on Wednesday to its lowest in over six weeks, the third straight day of losses, as investors worried about the potential for less stimulus from the U.S.
*March-May pretax 6.1 bln SEK vs consensus 6.3 bln. STOCKHOLM, June 19- H&M, the world's second-largest fashion retailer, posted a sharp rise in sales since the start of June, driven by strong demand for full-price items from its new collections more than discounted older unsold items.
Fed Chairman Ben Bernanke, in an effort to keep the bond yields from spiking, will likely emphasize the difference between tapering and tightening when it comes to monetary policy ( USA- FED/, moved, by Alister Bull, 760 words). -USA- FED/POLL, expect by 2100 GMT/ 5 PM ET.
SANTIAGO, June 19- Chilean president Sebastian Pinera is seeking to reform the Andean country's private pension funds to boost competitiveness and increase pensions for workers, he told a local radio station on Wednesday. The pension funds, Chile's biggest institutional investors, have been crucial in developing the country's local stock market.
PARIS, June 19- Qatar is likely to launch an international tender to renew its fleet of ageing fighter jets soon and is interested in France's Rafale, a French official said, while sources said it was also looking at the BAE Systems- backed Eurofighter Typhoon. Qatar said in 2011 it wanted to replace its fleet of 12 Mirage fighter jets, possibly buying 24 to 36 units.
*Committee votes 16 to 9 against debating U.S. deal. BERNE, June 19- A Swiss parliamentary committee has again urged the lower house to reject a draft law aimed at protecting the country's banks from criminal charges in the United States for helping wealthy Americans to evade tax.
PARIS, June 19- Following is a summary of commercial plane orders announced by Airbus and Boeing at or during the main trade days of the June 17-23 Paris Airshow. Boeing 369 $54.9 bln 32 $9.2 bln. Air France-KLM 25 A350-900 $7.2 bln.
BERLIN, June 19- The need to balance budgets should not distract from the ultimate goal of economic policy, namely improving people's lives, U.S. President Barack Obama said on Wednesday in what appeared to be a dig at German Chancellor Angela Merkel's focus on austerity.