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  • ABERDEEN, Britain _ Transocean Partners LLC on Friday reported first-quarter net income of $31 million, after reporting a loss in the same period a year earlier. The Aberdeen, Britain- based company said it had net income of 45 cents per share. Transocean Partners shares have increased 45 percent since the beginning of the year.

  • NEW YORK, May 6- Oil prices edged up on Friday, supported by an early dip in the dollar and a wildfire that has shrunk Canadian oil sands crude output by a third, but Brent still ended with its sharpest weekly drop in four months as investors cashed out of April's big rally. Reports of a militant attack on a Chevron platform in Nigeria's oil-rich Niger Delta region and a...

  • *Chris Hohn writes letter to board members of firm. In a letter to the executive and supervisory boards, seen by Reuters, Chris Hohn, founder of the $10 billion London- based hedge fund TCI, said paying such large rewards when the company performs poorly was exacerbating its problems. Despite setting aside $18 billion to cover legal and compensation costs from the...

  • *Chris Hohn writes letter to board members of firm. In a letter to the executive and supervisory boards, seen by Reuters, Chris Hohn, founder of the $10 billion London- based hedge fund TCI, said paying such large rewards when the company performs poorly was exacerbating its problems. Despite setting aside $18 billion to cover legal and compensation costs from the...

  • NEW YORK, May 6- Oil prices rose about 1 percent on Friday as the dollar softened but benchmark Brent was on track to its biggest weekly loss in four months after investors cashed out from last week's six-month highs. A wildfire that has shrunk Canadian oilsands crude production by a third, reports of a militant attack on a Chevron platform in Nigeria's oil-rich...

  • LONDON, May 6- Britain's political class took a week off from the referendum to focus on the mayoral race in London and local elections up and down the country, leaving the Brexit debate to Donald Trump and Japanese Prime Minister Shinzo Abe. Donald Trump said he thought Britain would be better off out of the European Union. But Japanese Prime Minister Shinzo Abe,...

  • LONDON, May 6- German Bund yields hit their lowest level in almost three weeks on Friday and recorded their biggest weekly fall since late January against a backdrop of renewed concerns about global growth. Analysts attributed the buying sentiment towards safe-haven German debt to weak Chinese data; lower growth and inflation forecasts from the European...

  • LONDON, May 6- Sterling hit an 11- day low on Friday, as investors worried that a referendum on whether Britain should stay in the European Union was still too close to call, with seven weeks to go. Regional and local elections, in which Britain's main opposition Labour Party lost less ground than expected and was leading the race for London's mayor, had no noticeable...

  • *Canadian wildfire and Nigeria attacks add support. A wildfire that has shrunk Canadian oil sands crude production by a third and reports of a militant attack on a Chevron platform in Nigeria's oil-rich Niger Delta region also supported prices, analysts said. "The global surplus still exists and there is still a possibility that oil prices could retrace...

  • LONDON, May 6- A second baby with aggressive leukaemia has been treated in London with "designer immune cells" developed by Cellectis and, six months after treatment, remains in remission, the French biotech firm said. The first human use of the company's cell therapy made headlines worldwide in November when one-year-old Layla was cleared of previously...

  • LONDON, May 6- A second baby with aggressive leukaemia has been treated in London with "designer immune cells" developed by Cellectis and, six months after treatment, she remains in remission, the French biotech firm said on Friday. The first human use of the company's cell therapy made headlines worldwide in November when one-year-old Layla was cleared of...

  • GRAPHIC- CEO pay at biggest UK firms: http://tmsnrt.rs/23s7Hgn. By Tom Bergin, Simon Jessop and Sinead Cruise. LONDON, May 5- Chief executives at Britain's largest companies had a pay cut last year.

  • *FTSEurofirst 300 down around 1 pct. LONDON, May 6- European shares fell on Friday, with steelmaker ArcelorMittal and hedge fund Man Group among the worst performers. Man Group slumped 8.5 percent after Citigroup cut its rating on the stock to "sell" from "buy."

  • LONDON, May 6- German Bund yields hit their lowest level in almost three weeks on Friday and were set for their biggest weekly fall since late January against a backdrop of renewed concerns about global growth. Analysts put the buying sentiment towards safe-haven German debt down to a number of factors: weak Chinese data earlier in the week, lower growth and...

  • LONDON, May 6- Shanghai Chaos, one of China's largest commodities fund managers, has opened an office in Hong Kong to diversify activities and try to keep its commodities trading under the radar of the market, two sources with knowledge of the matter said. Metal industry sources said the fund house plans to use a much larger number of banks and brokerages, of which...

  • *Wall Street heads for lower open after payrolls miss forecast. *Asia ex- Japan shares sees biggest drop in 12 weeks. Futures prices showed Wall Street set to open as much as half a percent lower while stock markets in Europe deepened morning falls, sending global indices towards their worst weekly losses since early February.

  • LONDON— Boaty McBoatface had captured the public's fancy but British officials said Friday the country's newest polar research vessel will be christened Sir David Attenborough, in honor of the prominent naturalist and broadcaster. Attenborough, who has produced a string of nature documentaries for the BBC and will celebrate his 90th birthday on Sunday,...

  • LONDON— Willis Towers Watson PLC on Friday reported first-quarter earnings of $238 million. Willis Towers Watson expects full-year earnings in the range of $7.70 to $7.95 per share. Willis Towers Watson shares have fallen roughly 1 percent since the beginning of the year.

  • *Bidders include Canada pension fund, SALIC and Qatar. Bidders include a different Canadian pension fund, state-backed Saudi Agricultural and Livestock Investment Co and Qatar's sovereign wealth fund, the sources said. Last month, CPPIB agreed to buy a 40 percent stake in the unit for $2.5 billion, placing the equity value of the business at $6.25 billion.

  • *Asia ex- Japan shares poised for biggest weekly drop in 12 weeks. LONDON, May 6- Stock markets in Europe and Asia struggled on Friday and only monthly U.S. nonfarm payrolls numbers stood in the way of shares globally racking up their biggest falls since mid-February. Stock markets in Europe lost half a percent in the first hour of trade, weighed down by a 4 percent fall...