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  • GENEVA, June 6- The idea that Britain could scrap all import tariffs to avoid long, messy trade negotiations after quitting the European Union is "almost theoretical" and probably not feasible, the head of the World Trade Organisation said in an interview. While leaders of the so-called Brexit campaign have mainly advocated the forging of new trade deals with the...

  • *Fed Chair Janet Yellen to speak at 12:30 p.m. ET. Federal Reserve Chair Janet Yellen, who recently signaled that a rate hike could come as soon as June, is schedule to speak at 12:30 p.m. ET and investors will scrutinize her comments for clues on the timing of the next rate hike. "We're coming off of a session where a wrench was thrown into many economic models after...

  • BOSTON, June 6- Massachusetts' top securities regulator said on Monday he is doing a sweep of 241 brokerage firms to keep "rogue" brokers out of his state. "My office diligently works to keep the bad actors out of the Commonwealth," said William Galvin, secretary of the Commonwealth. This sweep is intended to establish how the industry is meeting this critical investor...

  • WASHINGTON, June 6- The U.S. Supreme Court on Monday declined to hear GlaxoSmithKline Plc's bid to throw out lawsuits by union health and welfare funds that said the company's misrepresentation of heart-related risks of its diabetes medication Avandia caused them to pay too much for the drug for insured patients. The court left in place an October 2015 ruling...

  • DUBLIN, June 6- Iranair is discussing a historic aircraft purchase with Boeing, potentially matching an order for over 100 jets from Airbus, but obstacles to both deals need to be resolved so that last year's accord to lift sanctions can be honored, its chairman said. The Iranian flag carrier is also talking to Boeing about providing support for its aging fleet...

  • LONDON, June 6- Gold steadied on Monday ahead of a keenly-anticipated speech by Federal Reserve chair Janet Yellen, having earlier hit its highest in two weeks after surprisingly weak U.S. jobs data sparked a 2.8 percent rally on Friday. Spot gold was at $1,243.60 an ounce at 1350 GMT, little changed from $1,244.09 late on Friday, having earlier risen to its highest...

  • OIL PRICES EXTEND GAINS SLIGHTLY AFTER GENSCAPE DATA SHOWS CUSHING INVENTORY DRAW OF MORE THAN 1 MLN BARRELS IN WEEK TO JUNE 3- TRADERS.

  • WASHINGTON, June 6- The U.S. Supreme Court on Monday rejected Google Inc's bid to throw out a class action lawsuit involving claims that the company deceived California advertisers about the placement of Internet ads through its Adwords service. The court's decision not to hear the case leaves in place a September 2015 ruling by the San Francisco- based 9th U.S....

  • MASSACHUSETTS SECURITIES REGULATOR GALVIN SAYS DOING BROAD SWEEP OF 241 BROKERAGE FIRMS LOOKING FOR' BAD ACTORS'.

  • June 6- Chinese auto information website operator Bitauto Holdings Ltd said it is raising $300 million from internet companies Tencent Holdings Ltd, Baidu Inc and JD.com Inc and an additional investor. The three companies will invest $50 million each in Bitauto. Bitauto will issue up to $150 million in convertible bonds to PA Grand Opportunity Ltd..

  • BUDAPEST/ WARSAW, June 6- Central European currencies rose on Monday but Polish government bonds retreated as domestic worries offset the positive impact of Friday's weak U.S. data. That boosted Central Europe's main currencies and government bonds on Friday as a rise in U.S. rates would make assets in Europe's high-yielding emerging markets less attractive.

  • Texaco filed several lawsuits in the 1990 s accusing Ecuador of violating the contract. Chevron initiated an arbitration proceeding at The Hague in 2006, claiming Ecuador's courts failed to resolve the lawsuits in a timely manner, violating a treaty between Ecuador and the United States. Ecuador said the arbitration tribunal has no jurisdiction in the case...

  • WASHINGTON, June 6- The U.S. Supreme Court on Monday rejected Google Inc's bid to throw out a class action lawsuit involving claims that the company deceived California advertisers about the placement of Internet ads through its Adwords service. The court's decision not to hear the case leaves in place a September 2015 ruling by the San Francisco- based 9th U.S....

  • WASHINGTON, June 6- The U.S. Supreme Court on Monday declined to hear GlaxoSmithKline Plc's bid to throw out lawsuits by union health and welfare funds that said the company's misrepresentation of heart-related risks of its diabetes medication Avandia caused them to pay too much for the drug for insured patients. The court left in place an October 2015 ruling...

  • The high court's refusal to hear the case leaves in place an August 2015 ruling by the U.S. Court of Appeals for the District of Columbia Circuit upholding a 2011 award in Chevron's favor from The Hague's Permanent Court of Arbitration in the Netherlands.

  • FRANKFURT, June 6- Shanghai Yiqian Trading Company is to buy Hahn airport in Germany to secure a base for food exports as well as passengers heading to and from Asia, a deal highlighting China's increasing appetite for overseas infrastructure assets. The planned purchase of an 82.5 percent stake in Hahn from federal state owners for a low double-digit million...

  • BRUSSELS, June 6- EU nations refused to back a limited extension of the herbicide glyphosate's use on Monday, threatening withdrawal of Monsanto's Roundup and other weed-killers from shelves if no decision is reached by the end of the month. It hopes a study by the European Chemicals Agency will allay health concerns, as citizen and environmental groups pile...

  • NEW YORK, June 6- U.S. Investors are now focused on whether Yellen repeats previous comments that a rate hike is likely in the "coming months," said Thomas Simons, a money market economist at Jefferies in New York. Yellen will speak at the World Affairs Council of Philadelphia at 12:30 p.m. ET.

  • MOSCOW, June 6- Russia's central bank will cut its main policy rate for the first time in almost a year when it meets on Friday, a Reuters poll predicted on Monday. The likelihood of the U.S. central bank raising rates at its June 14-15 meeting has receded following weaker jobs data on Friday, while polls on Britain's referendum on leaving the European Union on June 23...

  • BRUSSELS, June 6- EU nations refused to back a limited extension of the pesticide glyphosate's use on Monday, threatening withdrawal of Monsanto's Roundup and other weed-killers from shelves if no decision is reached by the end of the month. It hopes a study by the European Chemicals Agency will allay health concerns, as citizen and environmental groups pile...