WASHINGTON, Dec 20- Satellite TV provider DISH Network Corp and Comcast Corp's SportsNet have reached a deal allowing the cable giant's regional sports networks to remain on-air for DISH subscribers, the two companies said on Saturday. The two pay-TV companies have been in negotiations over whether DISH would drop Comcast's regional sports network,...» Read More
LONDON, June 24- Oil slipped below $114 a barrel on Tuesday, retreating further from a nine-month high, as concerns eased that escalating violence in Iraq will affect supplies from OPEC's second-largest oil producer.
*Germany's Ifo business sentiment index falls in June. LONDON, June 24- London copper futures were flat on Tuesday after three days of gains, coming under pressure from renewed signs of economic weakness in Europe but offset by encouraging global growth prospects elsewhere.
*Rubber stocks at Qingdao port fall more than 9 pct from May peak-sources. SINGAPORE, June 24- Rubber stocks in bonded warehouses in China's Qingdao port have fallen about a tenth from a peak in May, partly on reduced demand for the commodity as a loan collateral after a fraud investigation at the port, industry sources said.
*Iranian officials: looking to resolve HSBC payment issue. LONDON/ ANKARA, June 24- Iran is lobbying to get HSBC to process humanitarian trade transactions that Europe's biggest bank has frozen because of concerns about potential breaches of international sanctions, sources familiar with the trades told Reuters.
*Plan includes corporate tax cuts, GPIF reform. TOKYO, June 24- Prime Minister Shinzo Abe unveiled a package of measures on Tuesday aimed to boost Japan's long-term economic growth, from phased-in corporate tax cuts to a bigger role for women and foreign workers, but applause from investors is likely to be muted after Tokyo backpedaled on bolder reforms.
*German fundamentals intact, but Ukraine, Iraq could hurt. BERLIN, June 24- German business sentiment weakened more than expected in June as concern grew among companies in Europe's largest economy that tensions in Ukraine and Iraq would hurt their business.
LONDON, June 24- European stocks and major currency and bond markets struggled for direction on Tuesday, underpinned by manufacturing data from China, Japan and the United States the previous day but unnerved by growing signs of economic weakness in Europe.
BEIJING, June 24- China and Australia, which have been trying to set up a bilateral free trade agreement for years, are determined to sign a deal by the end of this year, Australia's trade chief said on Tuesday after talks with Chinese leaders.
BERLIN, June 24- German business sentiment fell more than expected in June, signaling that Europe's largest economy is taking a breather and companies are concerned about political crises in Ukraine and Iraq. The Munich- based Ifo think tank's business climate index, based on a monthly survey of some 7,000 firms, decreased to 109.7 from an unrevised 110.4 in May.
HONG KONG, June 24- Hong Kong shares on Tuesday recovered a bit of the ground lost the previous day when the index had its biggest fall in more than three months, although gains were limited by weaker Chinese gas and oil firms. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong gained 0.5 percent.
BERLIN, June 24- German business sentiment fell more than expected in June, signalling that Europe's largest economy is taking a breather and companies are concerned about political crises in Ukraine and Iraq. The Munich- based Ifo think tank's business climate index, based on a monthly survey of some 7,000 firms, decreased to 109.7 from an unrevised 110.4 in May.
*Japan to announce more' Third Arrow' policies. LONDON, June 24- The euro and the pound traded steady on Tuesday before testimony from Bank of England chief Mark Carney and a German sentiment survey that could highlight the monetary policy divergence between the euro zone and Britain.
SYDNEY, June 24- London copper slipped on Tuesday from its highest close in nearly three weeks, easing after three days of gains, with only a weaker-than-expected June European manufacturing survey denting encouraging global growth prospects.
*Syngenta surges on report of Monsanto bid interest. LONDON, June 24- European shares rose on Tuesday, buoyed by new signs of corporate takeover activity, with agrochemicals company Syngenta surging on a media report that peer Monsanto had considered buying it. Swiss group Syngenta rose 5.7 percent following a Bloomberg report that Monsanto may bid.
LONDON/ MADRID, June 24- Private equity firm KKR is to buy a one-third stake in the energy arm of Spain's Acciona for 417 million euros, the companies said on Tuesday, as they move to develop one of the world's largest renewable energy portfolios. The government measures have particularly hurt profit at Acciona's wind farms.
MUMBAI, June 24- The government of India is likely to raise the number of drugs deemed essential and subject to price caps, people directly involved in the process said.
LONDON, June 24- European shares rose on Tuesday, buoyed by new signs of corporate takeover activity with agrochemicals company Syngenta surging on a media report that peer Monsanto had considered buying it. Swiss group Syngenta rose 5.7 percent following a Bloomberg report that Monsanto had considered buying it.
HONG KONG, June 24- China shares ended higher on Tuesday, with strong gains in makers of the country's fiery liquor baijiu led by Kweichow Moutai after media reports that some local governments have introduced policies to support the sector. The CSI300 of the leading Shanghai and Shenzhen A-share listings also advanced 0.5 percent.
TOKYO, June 24- Japanese Prime Minister Shinzo Abe urged the nation's business leaders on Tuesday to do more to boost the role of working women, a key plank of a new growth strategy he was set to unveil later in the day.
JAKARTA, June 24- Cigarette manufactures in Indonesia, one of the world's biggest tobacco markets, began printing graphic health warnings on packets on Tuesday, but they have yet to appear in shops and the companies involved do not seem too worried about plunging sales.