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  • ANKARA- German Finance Minister Wolfgang Schaeuble and European Central Bank Governing Council member Jens Weidmann hold a press conference at G20 meeting- 0500 GMT. SYDNEY- Reserve Bank of Australia head of financial stability department Luci Ellis speaks at the University of New South Wales Real Estate Symposium 2015 on "Property Markets and Financial...

  • NEW YORK, Sept 4- Crude futures fell about 2 percent on Friday as traders shrugged off a drop in the number of U.S. rigs drilling for oil and focused instead on a supply glut and declining stock prices on Wall Street. "I get the feeling the longs do not want to wait out the three-day weekend," said Tariq Zahir, a trader in crude oil spreads at Tyche Capital Advisors in Laurel...

  • Sept 4- There's a roughly one-in-three chance the Federal Reserve hikes later this month and, guess what: the stock market won't like it. Stephen Lewis, economist at London's ADM Investor Services International, wonders to what extent Janet Yellen will recall the advice of famed child-rearing expert Dr. Benjamin Spock, who counseled that giving into tantrums...

  • The company, owned by private equity firm Apollo Global Management LLC, did not name the underwriters for the IPO in its filing with the U.S. Securities and Exchange Commission. Reuters reported earlier this week that McGraw-Hill Education has hired Credit Suisse Group AG and Morgan Stanley to lead the IPO, expected to value the company at between $5 billion and...

  • NEW YORK, Sept 4- Crude futures fell about 2 percent on Friday as traders paid little heed to a drop in the number of U.S. rigs drilling for oil and focused instead on a supply glut and declining stock prices on Wall Street. "I get the feeling the longs do not want to wait out the three-day weekend," said Tariq Zahir, a trader in crude oil spreads at Tyche Capital Advisors in...

  • *Mindful of craft beer growth, Diageo and Pernod respond. LONDON, Sept 4- Small, independent distillers are popping up and taking market share but liquor giants like Diageo and Pernod Ricard say barriers to entry and the range of spirits already available will limit their impact. "The U.S. spirits market faces a growing threat of substitution," analysts at Credit...

  • NEW YORK, Sept 4- Crude futures fell alongside stocks on Wall Street on Friday as the oil market awaited a weekly reading on the U.S. oil rig count, after jobs data from the world's No. 1 economy failed to provide much direction. "There's a sell off in both energy and equity futures," noted David Thompson, executive vice-president at Powerhouse, an energy-specialized...

  • NEW YORK— It's an old adage that investors hate uncertainty. The stock market has been volatile for weeks on concern that China's economy is slowing more rapidly than previously thought. 'clarity that everyone is seeking, "said Michael Arone, Chief Investment Strategist at State Street Global Advisors.

  • *Indonesia exports no tin in August. LONDON, Sept 4- Copper and other industrial metals slumped on Friday on caution over the prospects of an increase to U.S. interest rates and the reopening of the hard-hit Chinese stock market next week. "The market's getting a bit uneasy about the fact that there's already been a lot of stimulus but the Chinese economy is...

  • MILWAUKEE— Gearheads converged on the Harley-Davidson Museum on Friday to show off, talk shop and get started on a weekend motorcycle rally and custom bike show. Tents outside the museum featured T-shirts, trinkets made from spare parts, custom pin-striping, Harley's new line, pencil sketches, fine art, industrial art and— of course— custom leather.

  • LONDON, Sept 4- World shares slid towards their fourth weekly loss in the last five on Friday, as a boost from a supportive-sounding European Central Bank gave way to caution ahead of closely watched U.S. jobs data. Rumbling concerns about China had consigned Asian shares to a seventh straight weekly loss and Europe's markets started 1.3 to 1.6 percent in the red...

  • *Barclays cuts 2016 Brent forecast by $5 to $63. The European Central Bank said on Thursday that economic troubles in China and emerging markets could drag the 19- member euro zone into deflation in the coming months. "There is still a supply-demand imbalance and on top of that is the overhang in the market," said Abhishek Deshpande, oil analyst at Natixis in London.

  • *AstraZeneca targeting Brilinta sales of $3.5 bln by 2023. Sept 4- U.S. regulators have approved a new dose of AstraZeneca's blood thinner Brilinta for longer-term use in patients with a history of heart attacks, boosting prospects for a drug the company thinks will eventually sell $3.5 billion a year. The FDA approved Brilinta at a new 60 milligram dose to be...

  • *Some people see parallels with Greece. LONDON, Sept 3- Bondholders cheering Ukraine's debt swap face the risk that Kiev will return to the bargaining table within a few years, following the path Greece trod after its 2012 restructuring. Ukraine's sovereign bonds have rallied 40 percent to trade up to 75 cents per dollar of face value following the Aug. 27...

  • SEOUL, South Korea— Global stock markets were lower Friday with Tokyo's index down 2 percent as jitters mounted before the release of the monthly U.S. jobs report and the resumption next week of trading on Chinese stock markets. Britain's FTSE 100 dropped 1.7 percent to 6,097.27 and France's CAC 40 sank 1.7 percent to 4,573.23. Germany's DAX fell 1.7 percent to...

  • Those who remain bullish on China's long-run economic prospects have switched more of their focus to the Hong Kong market because valuations are lower, it is better regulated, and less prone to the whims of officials in Beijing than the mainland markets in Shanghai and Shenzhen. Those include betting against the currencies of Asian trading partners, and...

  • DIARY- Top Economic Events to Sept 16 Thursday, 3 Sep 2015 | 8:01 PM ET

    MISSOULA, United States- Federal Reserve Bank of Minneapolis President Narayana Kocherlakota speaks before a Town Hall open forum- 0100 GMT. LONDON- Swedish Riksbank Deputy Governor Cecilia Skingsley speaks at Deutsche Bank's headquarter in London on the Swedish central bank's latest report- 0930 GMT. ANKARA- German Finance Minister Wolfgang Schaeuble and...

  • WASHINGTON, Sept 3- London day trader Navinder Sarao has been formally indicted by a U.S. federal grand jury on charges of market manipulation that prosecutors say helped contribute to the 2010 "flash crash," according to a Sept. 2 court filing made public on Thursday. The Justice Department first announced criminal charges against Sarao in April and is seeking to...

  • NEW YORK, Sept 3- The euro fell 1 percent on Thursday on a darkening euro zone outlook, while U.S. stocks pared sharp early gains to end barely higher as investors grew cautious ahead of Friday's August jobs report. Global stock markets rallied earlier in the session following a pledge from European Central Bank President Mario Draghi to beef up or prolong the...

  • NEW YORK, Sept 3- The euro fell 1 percent on Thursday on a darkening euro zone outlook, while U.S. stocks pared sharp early gains as investors grew cautious ahead of Friday's key jobs report. Stocks rallied earlier following European Central Bank President Mario Draghi's pledge to beef up or prolong the bank's economic stimulus if necessary.