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RUSSIAN PRIME MINISTER MEDVEDEV SAYS WILL BE READY TO CONTINUE GAS TALKS WITH KIEV IF IT PAYS DOWN GAS DEBT IN FULL.
CEO OF RUSSIA'S GAZPROM SAYS UKRAINIAN SIDE "UNCONSTRUCTIVE" IN GAS TALKS, BLAMES KIEV FOR USING BLACKMAIL TO TRY TO GET ULTRA-LOW PRICE.
*Sunni Islamists solidify grip on northern Iraq. LONDON, June 16- Brent crude rose towards $113 a barrel on Monday after a strong rally last week, as Sunni insurgents advanced in Iraq, intensifying concerns over a potential disruption to oil exports from the second-largest OPEC producer.
*Breaks above $1.70 for first time since August 2009. LONDON, June 16- Sterling topped $1.70 for the first time since August 2009 on Monday, adding to gains from last week after a surprise U-turn by the head of the Bank of England that pointed to the prospect of higher interest rates this year.
VIENNA, June 16- European Energy Commissioner Guenther Oettinger said on Monday that Ukraine intended to fill its gas transit commitments to the European Union and he was also confident Russia would meet its gas supply pledges to the EU.
EU'S OETTINGER SAYS CONFIDENT RUSSIA WILL CONTINUE TO SUPPLY WESTERN COMPANIES WITH GAS.
EU'S OETTINGER SAYS URGES RUSSIAN PARTNERS TO RECONSIDER COMPROMISE OFFER, PERHAPS WITH SMALL ADJUSTEMENTS.
*Companies need to spend billions to expand in Chile. SANTIAGO/ LONDON, June 16- As top copper producer Chile starts to lose market share, players are betting on fledging suppliers to help feed hunger for the red metal, but no single country is likely to replicate the South American nation's boom of the last century.
EU'S OETTINGER SAYS TO CONSIDER IF WESTERN COMPANIES COULD RENT STORAGE CAPACITY IN UKRAINE.
MOSCOW, June 16- Russian natural gas exporter Gazprom reduced supplies to Ukraine on Monday after Kiev failed to meet a deadline to pay off its gas debts in a dispute that could disrupt supplies to the rest of Europe.
EU'S OETTINGER SAYS UKRAINE INTENDS TO FULFIL GAS TRANSIT COMMITMENTS.
EU'S OETTINGER SAYS MAY HAVE A PROBLEM IN EUROPE IF GAS STORAGE NOT FILLED.
VIENNA, June 16- European Energy Commissioner Guenther Oettinger said on Monday he was aiming to arrange further talks to solve the gas pricing row between Moscow and Kiev, which has led Gazprom to reduce supplies to Ukraine.
MILAN, June 16- Italian lottery operator GTECH said on Monday it was in preliminary talks to buy Las Vegas- based slot machine maker International Game Technology in a deal that could involve a cash and paper offer.
TOKYO, June 16- A pattern of spending on hostess bars and overseas junkets for local pension fund officials went unchecked by senior managers at Deutsche Bank's Japanese securities arm, who failed to prevent or turned a blind eye to expenses that could be prosecuted as bribery, previously undisclosed details of a regulatory investigation show.
EU'S OETTINGER SAYS WILL SOUND OUT PROSPECTS FOR FURTHER TALKS IN UKRAINE- RUSSIAN GAS STANDOFF.
VIENNA- EU'S OETTINGER SAYS ASSUMES UKRAINE HAS 12 BLN CUBIC METERS GAS RESERVES.
HONG KONG, June 16- Hong Kong shares finished a tick lower on Monday, with investors remaining cautious and awaiting direction from a U.S. The Hang Seng Index closed down 0.1 percent at 23,300.7 points. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong inched up 0.1 percent.