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  • MOSCOW, Sept 7- Russia's gross domestic product will grow by less than 1 percent in 2016 if the oil price is at $50 a barrel, Interfax news agency quoted Economy Minister Alexei Ulyukayev as saying on Monday.

  • JERUSALEM, Sept 7- Israel's parliament on Monday approved a deal that would enable the development of three offshore natural gas fields, although significant regulatory hurdles remain. In a non-binding vote, lawmakers voted 59-51 in favour of an outline plan that would allow the large Leviathan gas field and two smaller ones to be developed by a consortium led...

  • MOSCOW, Sept 7- The economic crisis in Russia has persuaded a co-owner of Polyus Gold to consider a $5.4- billion buyout, which could end the top Russian gold producer's premium listing in London after just three years, say three sources close to the possible deal. His father, who Forbes magazine estimates is worth $3.4 billion, is not allowed to hold assets...

  • BERLIN, Sept 7- Lufthansa cancelled just under half of its long-haul flights planned for Tuesday after pilots' union Vereinigung Cockpit called an all-day strike in a long-running dispute over pay, retirement benefits and cost cuts. The union said on Monday the strike, the 13th walkout in 18 months, would affect long-haul passenger flights and cargo flights out...

  • BENGALURU, INDIA, Sept 7- The top three global PC makers would be able to raise market share in the next few years through consolidation amid shrinking sales of personal computers, Dell Inc Chief Executive Michael Dell said on Monday. Lenovo Group Ltd tops global PC shipment ranking with a 20.3 percent market share, followed by Hewlett-Packard Co at 18.5 percent...

  • LONDON, Sept 7- The number of bankers earning a million euros a year or more in the European Union has started to fall even before the impact of a cap on bonus payments is fully felt, the bloc's banking watchdog said on Monday. There were 3,178 bankers in the EU on at least a million euros a year, including bonuses, in 2013, down from 3,530 a year earlier, although that was...

  • Sept 7- Apple has ramped up its hiring of artificial intelligence experts, recruiting from PhD programs, posting dozens of job listings and greatly increasing the size of its AI staff, a review of hiring sites suggests and numerous sources confirm. The goal is to challenge Google in an area the Internet search giant has long dominated: smartphone features that...

  • Glencore copper output cut not a panacea for prices Monday, 7 Sep 2015 | 8:56 AM ET

    *Glencore shares vs copper: http://link.reuters.com/tut55w. LONDON, Sept 7- Glencore's move to slash copper output will help shore up prices, but significant gains are unlikely because supplies are still adequate and growth in demand is weak, particularly from top consumer China. Benchmark copper on the London Metal Exchange rose about $90 to near $5,200 a...

  • * "Zero" investment by Sawiris in Egypt since Red Sea summit. Naguib Sawiris, who has made an eye-catching but as yet unanswered offer to buy an island from Greece or Italy to house refugees from wars in the Middle East, said he had invested "zero" in Egypt since an upbeat investment summit in March. The chairman and chief executive of Orascom Telecom, Media and...

  • BEIJING, Sept 7- China's Shanghai and Shenzhen Stock Exchanges and the China Financial Futures Exchange plan to introduce a' circuit breaker' on one of the country's benchmark stock indexes to "stabilise the market", the Shanghai exchange said in a statement on its website late on Monday. The exchange is proposing that a 5 percent rise or fall in the CSI300 index...

  • GUATEMALA CITY, Sept 6- Guatemala was bound for a presidential election run-off after the three leading candidates split Sundays vote, prolonging political uncertainty just days after a graft scandal toppled the president. Otto Perez resigned as president on Thursday and spent election day in jail while a judge considered charging him over a customs...

  • *Glencore shares surge on debt cut pledge. LONDON, Sept 7- European stocks rose on Monday, lifted by mining and commodities giant Glencore after it pledged to slash its debt by a third, and countering a fall in Asian markets led by weakness in China following a four-day break there. Glencore shares rose as much as 12 percent after it said it will suspend dividends, sell...

  • Their research, which has been backed by the UK government and top chicken companies, could potentially prevent repeats of this year's wipeout: 48 million chickens and turkeys killed because of the disease since December in the United States alone. Bird flu has become a global concern among researchers over the past decade because of its threat to poultry and...

  • LONDON, Sept 7- The dollar rose against the safe-haven yen and Swiss franc on Monday, regaining some poise as European and Japanese stock markets started the week with gains that underpinned risk sentiment. Volumes are expected to wane later in the session with the United States closed for a holiday. And with Chinese stocks ending in the red after a four-day...

  • Miners lead European shares higher, Glencore jumps Monday, 7 Sep 2015 | 7:44 AM ET

    *Glencore surges after plans to cut debt. LONDON, Sept 7- European shares gained on Monday, with basic resources stocks leading the market higher after mining and commodities trading firm Glencore announced plans to cut debt and trim its African copper operations. Whilst uncertainties regarding prospects for China and its impact on the mining sector remain,...

  • *Glencore tackles debt with dividend suspension, share sale. Sept 7- Mining and trading company Glencore acknowledged on Monday the severity of the global commodity market slump as it suspended dividends and said it would sell assets and new shares to cut heavy debts built up through years of rapid expansion. Facing a global rout in commodity prices, Glencore...

  • MOSCOW, Sept 7- Russia's central bank said on Monday it had formally decided to introduce new liquidity rules for systemically important banks related to the Basel III regulatory framework. From Jan. 1 next year, systemically important banks will have to maintain a minimum liquidity coverage ratio of 70 percent. The banks listed as being systemically...

  • LONDON, Sept 7- When Hong Kong Exchanges and Clearing bought the venerable old London Metal Exchange back in 2012, it did so with eyes firmly fixed on China. That remains the vision, although HKEx' ambitions in the commodities space have taken back seat to its Stock-Connect bridge between Hong Kong and mainland Chinese stock markets. What HKEx almost certainly...

  • SHANGHAI, Sept 7- Chinese ride-hailing service Didi Kuaidi is set to raise about $3 billion through its latest fundraising round, said two people familiar with the matter, just as funding at the Chinese unit of rival Uber Technologies Inc reaches $1.2 billion. The same day, Uber Chief Executive Travis Kalanick said Uber China has received $1.2 billion, including...

  • DUBAI, Sept 7- Gulf oil ministers are due to meet this week in Qatar for an annual meeting, in the first gathering by the heavyweight crude producers since the latest slide in oil prices. But while the price drop is not on the agenda for the scheduled meeting of the six-nation Gulf Cooperation Council- Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Bahrain and Oman,...