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  • *European businesses oppose special deal for Britain. *UK says firms need access to London financial services. Britain wants a trade deal that gives London's financial district, known as the City, access to EU clients while allowing the government to restrict migration from the bloc- something at odds with the basic rules of the European Union.

  • LIVERPOOL, England, Sept 24- Jeremy Corbyn was re-elected leader of Britain's opposition Labour Party on Saturday and called for unity after ending a "coup" by more centrist lawmakers who say his left-wing agenda can never deliver victory at the polls. The veteran campaigner's triumph, by 313,209 to 193,229 votes, over challenger Owen Smith cements his...

  • Secretary of State John Kerry and his counterparts from the European Union, United Kingdom, France, Germany and Italy meet at Tufts University to discuss a range of issues- 1545 GMT. MONDAY, SEPTEMBER 26 BELLINGHAM, United States- Bank of Canada Governor Stephen Poloz gives a speech at Western Washington University- 2300 GMT. MINNEAPOLIS, United States- Federal...

  • Secretary of State John Kerry and his counterparts from the European Union, United Kingdom, France, Germany and Italy meet at Tufts University to discuss a range of issues- 1545 GMT. MONDAY, SEPTEMBER 26 BELLINGHAM, United States- Bank of Canada Governor Stephen Poloz gives a speech at Western Washington University- 2300 GMT. MINNEAPOLIS, United States- Federal...

  • NEW YORK, Sept 23- Oil prices tumbled on Friday following signs that Saudi Arabia and Iran continue to disagree over output limits ahead of a meeting next week aimed at freezing production, while energy shares weighed on global stock indexes. Sources said Saudi Arabia did not expect a decision in Algeria, where the Organization of the Petroleum Exporting...

  • *No Saudi-Iran agreement ahead of Algeria talks. NEW YORK, Sept 23- Oil prices tumbled 4 percent on Friday on signs Saudi Arabia and arch rival Iran were making little progress in achieving preliminary agreement ahead of talks by major crude exporters next week aimed at freezing production. Brent crude futures settled down $1.76, or 3.7 percent, at $45.89 a barrel.

  • NEW YORK, Sept 23- Oil prices tumbled about 4 percent on Friday on signs Saudi Arabia and arch rival Iran were making little progress in achieving preliminary agreement ahead of talks by major crude exporters next week aimed at freezing production. Crude futures slumped after sources said Saudi Arabia did not expect a decision in Algeria where the...

  • NEW YORK, Sept 23- Oil prices fell sharply on Friday following a report that Saudi Arabia did not expect a deal at talks by major crude exporters next week aimed at freezing output and reining in a global glut, while world stock indexes edged lower. Traders cited a Bloomberg report that Saudi Arabia did not expect a decision at Algiers, where the biggest oil...

  • VERSAILLES, France, Sept 23- Former Societe Generale trader Jerome Kerviel is liable for only 1 million euros of the 4.9 billion euros in losses he racked up at the bank, and not the whole amount, a French court ruled on Friday. The ruling by the Versailles Court of Appeals, the latest in a series of judgments on a case dating back to 2008, leaves a question mark hanging...

  • *UK firms will not supply all of the steel needed. *UK economic output by industry: http://tmsnrt.rs/2d4tTz8. LONDON, Sept 22- UK steelmakers are likely to win deals to supply the 18 billion pound nuclear power plant at Hinkley Point, although that may not be enough to bolster Britain's troubled steel sector, industry experts say.

  • NEW YORK, Sept 23- Oil prices fell about 3 percent on Friday, paring weekly gains, on a report that Saudi Arabia did not expect an agreement at talks next week among major crude exporters aimed at freezing production. Crude futures slumped after Bloomberg reported that Saudi Arabia did not expect a decision at Algiers, the capital of Algeria where the biggest oil...

  • NEW YORK, Sept 23- World stock indexes edged lower on Friday, pulling back after recent gains fueled by optimism that the U.S. "There is some consolidation after the very active and positive week for stocks based on news flow from the central banks," said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management. Europe's STOXX 600 was...

  • FRANKFURT, Sept 23- Innogy, the renewables, network and retail business of utility RWE, could fetch up to 5 billion euros when it lists next month to become Germany's biggest IPO since the tech boom at the turn of the millennium. RWE's debt is 28.3 billion euros, E.ON' s 25.5 billion. By pooling and listing its healthy assets-- grids, retail and renewables-- as a separate...

  • The British trader, who caused the collapse of Barings Bank in 1995 when he lost more than $1 billion in unauthorized trades, was released from a Singapore jail in 1999 after serving 3 1/ 2 years. He published a book in 1996 entitled "Rogue Trader: How I Brought Down Barings Bank and Shook the Financial World." He even briefly served as CEO of Galway United Football Club.

  • LISBON, Sept 23- Former European Commission President Jose Manuel Barroso on Friday put up a spirited defence of his right to work for U.S. bank Goldman Sachs, after the commission opened an ethics probe into his move, and he accused it of acting arbitrarily. a visibly agitated Barroso, who is a former Portuguese prime minister, said in his first public comments to...

  • LISBON, Sept 23- Former European Commission President Jose Manuel Barroso on Friday put up a spirited defense of his right to work for U.S. bank Goldman Sachs, after the commission opened an ethics probe into his move, and he accused it of acting arbitrarily. a visibly agitated Barroso, who is a former Portuguese prime minister, said in his first public comments to...

  • *Ontario Teachers cuts allocations to 10 funds- sources. LONDON, Sept 23- Canada's third-largest public pension plan has halved the number of computer-driven hedge funds in its investment portfolio and put more money into the funds its sticking with, sources with knowledge of the matter told Reuters. Ontario Teachers' allocates $11.4 billion to hedge funds,...

  • Saudi Arabia has offered to reduce oil production if rival Iran caps its own output this year, sources familiar with the discussions told Reuters as Riyadh seeks an OPEC deal to curtail supply and boost prices. The offer, yet to be accepted or rejected by Tehran, was made this month, the sources told Reuters ahead of three-day talks in Algeria beginning Monday...

  • *May says Britain will get "right deal" on trade. Britain has so far been clear about what will not happen: Prime Minister Theresa May has repeated that the formal divorce notification will not be sent before the end of the year and that Britain will not get a bad deal. During her trip, May said the EU divorce filing would take a few months of preparation, was clear that...

  • LONDON, Sept 23- Japan Tobacco aims to start selling its Ploom Tech tobacco-based electronic cigarette in cities across Japan next year, it said on Friday, as it fights to catch up with bigger rival Philip Morris in meeting the growing demand for "vaping" products. "Though we are not able to comment on the exact timing of the national launch in Japan due to the...