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  • VATICAN CITY— God's love may be free, but the Vatican says it has a copyright on the pope. Unnerved by the proliferation of papal-themed T-shirts, snow globes and tea towels around the world, the Vatican has warned it intends to "protect" the image of Pope Francis and "stop situations of illegality that may be discovered." "The secretary of state will undertake...

  • NORMAN, United States- Dallas Fed President Robert Kaplan to participate in a moderated Q&A session before the University of Oklahoma Price College of Business Distinguished Speaker Series- 1600 GMT. SANTA CRUZ, United States- San Francisco Fed President John Williams to speak on the economic outlook before the Santa Cruz Chamber of Commerce- 2030 GMT.

  • NORMAN, United States- Dallas Fed President Robert Kaplan to participate in a moderated Q&A session before the University of Oklahoma Price College of Business Distinguished Speaker Series- 1600 GMT. SANTA CRUZ, United States- San Francisco Fed President John Williams to speak on the economic outlook before the Santa Cruz Chamber of Commerce- 2030 GMT.

  • NEW YORK, Feb 24- Major global stock markets lost ground on Friday as investors scaled back bets U.S. Oil futures fell, pressuring energy stocks after data showed U.S. crude inventories rose for a seventh week, signaling oversupply despite OPEC's efforts to rein in output. "The market will come to realize that a lot of these pro-growth policies might get pushed to...

  • *Dollar falls below 112 yen for first time since Feb. 9. NEW YORK, Feb 24- The U.S. dollar fell to a more than two-week low against the Japanese yen on Friday as investors doubted the likelihood of swift tax reform and a quick spending boost from U.S. Its first dip below 112 yen since Feb. 9 put the greenback on track for its second straight weekly loss against the Japanese...

  • *OPEC compliance 88 percent based on industry average. *LBBW cuts year-end Brent price forecast by $5 to $55/ bbl. NEW YORK, Feb 24- Oil prices fell about 1 percent on Friday as worries about rising U.S. supplies outweighed OPEC pledges to boost compliance with output curbs.

  • NEW YORK/ LONDON, Feb 24- Gold reached its highest in 3-1/ 2 months on Friday as the dollar fell to a one-week low after the new U.S. Treasury Secretary Steven Mnuchin said on Thursday that any steps U.S. "We've got a vacuum of policy, real rates going down, the dollar going sideways and geopolitical around the world... all helping gold," ICBC Standard Bank analyst Tom Kendall...

  • *OPEC compliance 88 percent based on industry average. *LBBW cuts year-end Brent price forecast by $5 to $55/ bbl. NEW YORK, Feb 24- Oil prices slid nearly 1 percent on Friday as worries about rising U.S. supplies outweighed OPEC pledges to boost compliance with output curbs.

  • As of 11:58 a.m. CST, Chicago Board of Trade March wheat was down 7 cents at $4.31 per bushel after dipping to $4.30, its lowest since Feb. 9. March soybeans were up 3/ 4 cent at $10.12-1/ 4 a bushel, rebounding after falling to $10.09-1/ 4, its lowest since Jan. 12. As you violate some technical signals, you've got the potential for some further liquidation, "said Terry Linn,...

  • LONDON, Feb 24- Zambia expects to agree a deal with the International Monetary Fund in the first half of this year, Finance Minister Felix Mutati said on Friday. Last March, Zambia began talks with the IMF about a potential loan package after agreeing that its budget deficit was not sustainable, though formal talks have not yet been launched. He said it was too early...

  • LONDON, Feb 24- Zambia expects to agree a deal with the International Monetary Fund in the first half of this year, Finance Minister Felix Mutati said on Friday. Last March, Zambia began talks with the IMF about a potential loan package after agreeing that its budget deficit was not sustainable, though formal talks have not yet been launched. He said it was too early...

  • *OPEC compliance 88 percent based on industry average. NEW YORK, Feb 24- Oil prices fell on Friday despite OPEC pledges to boost compliance with output curbs, on concerns over rising U.S. supplies and as traders begin to pull out crude barrels from pricey storage as physical markets show signs of tightening. "The oil market remains focused on the global rebalancing...

  • *Six U.K. P&I clubs account for half market share. *Two P&I clubs already regulated in Luxembourg. LONDON, Feb 24- U.K.- regulated ship insurers are preparing plans to open new outposts in European Union jurisdictions such as Luxembourg and Cyprus, fearing that Brexit will hinder access to the EU's financial market, industry sources involved say.

  • LONDON, Feb 24- Sterling slid from a 2- week high to the dollar on Friday but was still on track for its strongest weekly showing in a month as concerns about politics in the United States and Europe took investors' focus off immediate Brexit worries. Besides the Brexit bill making its way through Britain's upper house of parliament, a week largely lacking in major...

  • BERLIN— The German weekly Der Spiegel reports that the country's spy agency had at least 50 numbers and email addresses of journalists among its surveillance targets. Spiegel reported Friday that a list seen by the magazine contained over a dozen numbers belonging to the BBC in Afghanistan and London. It says a New York Times phone number in Afghanistan and...

  • *Dollar hits more than 2- wk low vs yen of 112.06 yen. NEW YORK, Feb 24- The U.S. dollar slipped to a more than two-week low against the yen and a one-week trough on a closely followed index on Friday as investors doubted the likelihood of swift tax reform and a quick boost in spending from U.S. "There is only so much that markets can do on hope and speculation, and I think were...

  • NEW YORK, Feb 24- Key global stock markets fell on Friday as investors lowered bets that policies of U.S. Oil futures fell, pressuring energy stocks after data showed U.S. crude inventories rose for a seventh week, signaling oversupply despite OPEC's efforts to rein in output. "The market will come to realize that a lot of these pro-growth policies might get pushed...

  • Graeme Pitkethly said Kraft's offer had highlighted the importance of achieving a balance between long-term sustainable value, which it had prioritised, and short-term delivery. "This has certainly been a trigger moment for Unilever, and we will not waste it," he said at the Consumer Analyst Group of New York conference in Boca Raton, Florida, in a presentation...

  • NEW YORK— U.S. stocks are losing ground Friday as banks fall and energy companies continue to slide. The losses are modest, but there's far more selling than buying on Wall Street. The Standard& Poor's 500 index fell 5 points, or 0.2 percent, to 2,358. The Nasdaq composite sank 6 points, or 0.1 percent, to 5,829. The Russell 2000 index, which tracks smaller companies, slid...

  • NEW YORK, Feb 24- Next week's planned US $3.2 bn IPO of Snap Inc, maker of the popular Snapchat app, is oversubscribed, market sources told IFR on Friday. The much-awaited deal is scheduled to price on Wednesday, with the company set to begin trading on the New York Stock Exchange the following day. Potential buyers have been plentiful at lunches in New York and London...