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World Economy International Organizations

  • MANY CONCERNS AIRED IN RECENT U.S.

  • BRITAIN MAY NEED AT LEAST COUPLE OF YEARS TO SEPARATE ITS WTO.

  • NEW GLOBAL TRADE ACCORD SLASHING RED TAPE AT BORDERS TO TAKE EFFECT WITHIN TWO WEEKS- HEAD OF WORLD TRADE ORGANIZATION.

  • BRUSSELS, Jan 26- A majority of EU countries on Thursday opposed a European Commission plan to extend anti-dumping duties on Chinese solar panels for two years, according to EU diplomats, putting pressure on the EU executive to review its proposal. The majority view could also pressure the European Commission to review its proposal. The European Union and China...

  • *OPEC producers cut supplies but spare key customers. LONDON/ NEW YORK, Jan 26- Oil prices were driven 2 percent higher by an ongoing rally in the U.S. stock market on Thursday, although gains were capped by plentiful supplies and bulging inventories in spite of efforts by producers to cut output. U.S. light crude futures were up $1.22 to $53.97 a barrel, a gain of 2.2...

  • Jan 26- Biogen Inc said on Thursday that the first U.S. patients have received its new drug for the leading genetic cause of death in infants and that it anticipates mid-year approval of Spinraza in the European Union. The company forecast adjusted profit of $20.45 to $21.25 per share, with analysts on average estimating $21.02. Biogen, which will spin off its...

  • LONDON, Jan 26- Barclays is preparing to make Dublin its EU headquarters for when Britain leaves the European Union, according to a source familiar with the matter on Thursday. Global banks and insurers have begun signaling how they will put plans into action to cope with a "hard" exit from the European Union, after Prime Minister Theresa May said that Britain would...

  • *OPEC producers cut supplies but spare key customers. LONDON, Jan 26- Oil prices were driven higher by a weakening dollar on Thursday, although gains were capped by plentiful supplies and bulging inventories in spite of efforts by producers to cut output. Benchmark Brent crude was up 45 cents a barrel at $55.53 by 1245 GMT, while U.S. light crude futures were up 35...

  • *OPEC producers cut supplies but spare key customers. LONDON, Jan 26- Oil prices rose on Thursday, driven up by a weakening dollar, though gains were capped by plentiful supplies and bulging inventories despite efforts by OPEC and other producers to cut output to prop up the market. Benchmark Brent crude was up 35 cents a barrel at $55.43 by 1125 GMT.

  • * "That will please the European Commission". The European Commission and the International Monetary Fund have repeatedly urged Germany to take advantage of record-low borrowing costs and increase investment as a measure to reduce the country's large trade and current account surpluses. The United States last year flagged concerns over economic policies...

  • BRUSSELS, Jan 26- The British economy will pay higher costs this year and next for the uncertainty created by its vote to leave the European Union, the EU economics commissioner said on Thursday, though he recognised Britain had so far fared well since the referendum. Britain's gross domestic product rose at a quarterly rate of 0.6 percent between October and...

  • *Russia, OPEC have teamed up in global oil output cut. MOSCOW, Jan 26- Qatar's investments in Russia will further strengthen ties between the Organization of the Petroleum Exporting Countries and non-member oil producers, OPEC Secretary-General Mohammed Barkindo told Reuters. "This investment project will further strengthen OPEC and non- OPEC relations,"...

  • *OPEC producers cut supplies but spare key customers. LONDON, Jan 26- Oil prices rose on Thursday, driven up by a weakening dollar, though gains were capped by plentiful supplies and bulging inventories despite efforts by OPEC and other producers to cut output to prop up the market. Benchmark Brent crude was up 50 cents a barrel at $55.58 by 0900 GMT.

  • *OPEC producers cut supplies but spare key customers. SINGAPORE, Jan 26- Oil prices rose on Thursday, driven up by a weakening dollar, but gains were capped by plentiful supplies and inventories despite an effort by OPEC and other producers to cut output and prop up the market. Brent crude futures, the international benchmark for oil prices, were trading at $55.56...

  • *As London eyes global trade, Brussels wants bill settled first. *Britain could try to play rich and poor off against each other. BRUSSELS, Jan 26- Since Prime Minister Theresa May set out her Brexit goals last week, interest in Britain has focused on the future trade deals she may one day strike with the United States and other powers, as well as with the European Union.

  • TOKYO, Jan 26- Crude supplies to Japan from its biggest supplier Saudi Arabia will not be impacted by last year's agreement between OPEC and non- OPEC countries to cut output, a senior official of the kingdom said on Thursday. "The recent agreement among OPEC and non- OPEC members for oil exports reduction will not impact our commitments and oil exports to Japan,"...

  • TOKYO, Jan 26- Last year's agreement between OPEC and non- OPEC countries to cut output will not impact Saudi Arabia's oil supplies to Japan, Aabed Al-Saadoun, deputy minister for company affairs at Saudi Arabia's Ministry of Energy, Industry and Mineral Resources, said on Thursday. "The recent agreement among OPEC and non- OPEC members for oil exports reduction...

  • *OPEC producers cut supplies but spare key customers. SINGAPORE, Jan 26- Oil prices rose on Thursday, driven up by a weakening dollar, but gains were capped by plentiful supplies and inventories despite an effort by OPEC and other producers to cut output and prop up the market. Brent crude futures, the international benchmark for oil prices, were trading at $55.59...

  • SINGAPORE, Jan 26- Chicago soybean futures edged higher on Thursday, recouping some of the last session's decline, but the gains were kept in check by dry weather in Argentina's flooded farm belt. *Argentina's soy belt is recovering from flooding this month. *President Trump's plan to renegotiate the North American Free Trade Agreement with Mexico and Canada and...

  • SINGAPORE, Jan 26- Oil prices edged up on Thursday, driven up by a weakening dollar, but gains were capped by plentiful supplies and inventories despite an effort by OPEC and other producers to cut output and prop up the market. Brent crude futures, the international benchmark for oil prices, were trading at $55.44 per barrel at 0137 GMT, up 36 cents from their last...