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  • DAVOS, Switzerland, Jan 18- HSBC will move staff responsible for generating around a fifth of its UK- based trading revenue to Paris following Britain's exit from the European Union, Chief Executive Stuart Gulliver said on Wednesday. HSBC, Europe's biggest bank, has all the licenses it needs for such a move, Gulliver said, and would only need to set up a so-called...

  • SYDNEY, Jan 18- Buying on the back of a weaker dollar tipped London copper into positive territory in early on Wednesday, reversing a slide overnight on uncertainties over U.S. President-elect Donald Trump's economic program. Three-month LME copper was up 0.4 percent at $5,778 a tonne by 0700 GMT, after ending nearly 2 percent lower overnight.

  • LONDON, Jan 17- Britain's financial services sector will accelerate plans to move some business overseas after Prime Minister Theresa May said on Tuesday the country will quit the European Union's single market. Businesses have been calling for clarity on what Britain's relationship with Europe will be before deciding how to reshape their operations, but...

  • SYDNEY, Jan 18- Buying on the back of a weaker dollar tipped London copper into positive territory in early Asian trading on Wednesday, reversing a slide overnight on uncertainties over U.S. President-elect Donald Trump's economic programme. Three-month LME copper was up 0.02 percent to $5,766 a tonne by 0230 GMT, after ending nearly 2 percent lower overnight.

  • SYDNEY, Jan 18- Buying on the back of a weaker dollar tipped London copper into positive territory in early Asian trading on Wednesday. The most-traded copper contract on the Shanghai Futures Exchange fell by 2 percent to 46,280 yuan a tonne. *India is seeking a dividend of up to $2.2 billion from partly state-owned Hindustan Zinc Ltd, three people with knowledge...

  • DAVOS, Switzerland- Swedish Prime Minister Stefan Lofven and Swedish Finance Minister Magdalena Andersson will hold a press conference in Davos- 1400 GMT. Speakers include- Austrian National Bank Governor and ECB governing council member Ewald Nowotny, Macedonia National Bank Governor Dimitar Bogov, Czech National Bank Governor Jiri Rusnok, Slovakia...

  • DALLAS, United States- Federal Reserve Bank of Dallas President Robert Kaplan participates in a panel before the University of Texas at Austin 2017 Business Forecast- 1400 GMT. SAN FRANCISCO, United States- Federal Reserve Chair Janet Yellen speaks on "The Goals of Monetary Policy and How We Pursue Them" before the Commonwealth Club- 2000 GMT.

  • NEW YORK— The New York Times reported that one of its correspondents was briefly detained by border officials in Turkey as he arrived Tuesday at Istanbul's Ataturk Airport, then was forced to take a flight back to London with no explanation for why he had been refused entry into the country. There was no immediate explanation from Turkish officials about the...

  • NEW YORK, Jan 17- U.S. stocks and the dollar fell while gold and government bonds rose on Tuesday as investors fled for safety after President-elect Donald Trump said the U.S. currency was too strong and they also questioned if his campaign promises would be fulfilled. Meanwhile sterling jumped as Prime Minister Theresa May said Britain would quit the European...

  • WASHINGTON, Jan 17- Rolls-Royce Plc agreed to pay authorities more than $800 million to resolve charges of bribing officials in six countries in schemes that lasted more than a decade, the U.S. Justice Department and UK Serious Fraud Office said in statements on Tuesday. The company admitted to paying officials at state-run energy companies in Kazakhstan,...

  • **Exxon Mobil Corp said it will pay up to $6.6 billion to double its holdings in the Permian Basin of west Texas and New Mexico, the largest oil field in the United States. **Germany's Lufthansa is not in talks about Etihad Airways taking a stake in the German airline, two sources familiar with the matter said on Tuesday, denying an Italian newspaper report that said it...

  • *Russia oil production to reach record high in 2017- Reuters poll. *Rising U.S. production seen offsetting OPEC cuts- U.S. NEW YORK, Jan 17- Oil prices were little changed on Tuesday as a decline in the U.S. dollar and comments by Saudi Arabia that it would adhere to OPEC's commitment to cut output.

  • NEW YORK/ LONDON, Jan 17- Gold jumped more than 1 percent to an eight-week high on Tuesday as stocks and the dollar fell after U.S. President-elect Donald Trump said the greenback was "too strong" and British Prime Minister Theresa May promised a parliamentary vote on Brexit. Spot gold rose for the seventh straight session, and was 1.05 percent higher at $1,215.39 an...

  • WASHINGTON, Jan 17- Rolls-Royce Plc agreed to pay authorities more than $800 million to resolve charges of bribing officials in six countries in schemes that lasted more than a decade, the U.S. Justice Department and U.K. Serious Fraud Office said in statements Tuesday. The company admitted to paying officials at state-run energy companies in Kazakhstan,...

  • *Britain to leave single market, customs union. *Cautions EU against punishing Britain. LONDON, Jan 17- Britain will quit the EU single market when it leaves the European Union, Prime Minister Theresa May said on Tuesday in a decisive speech that set a course for a clean break with the world's largest trading bloc.

  • *Russia oil production to reach record high in 2017- Reuters poll. *Rising U.S. production seen offsetting OPEC cuts- U.S. NEW YORK, Jan 17- Oil prices edged higher on Tuesday propped up by a decline in the U.S. dollar and comments by Saudi Arabia that it would adhere to OPEC's commitment to cut output.

  • *Apologises "unreservedly" at UK court hearing. LONDON, Jan 17- Shares in Rolls-Royce leapt on Tuesday after the British maker of engines for planes and ships finalised a 671 million-pound deal to settle a lengthy bribery investigation and said 2016 profits beat previous expectations. Coupled with an upbeat profit forecast, it removes a cloud over the business...

  • FRANKFURT, Jan 17- Germany and the European Central Bank are pushing harder for Deutsche Boerse and the London Stock Exchange to give Frankfurt a greater role once they merge, now Britain is leaving the European Union, people involved said. As it stands, London is due to be the home of the main holding company of the merged exchanges and the joint board would also be...

  • LONDON, Jan 17- Britain's financial services will accelerate plans to move some business overseas after Prime Minister Theresa May said on Tuesday the country will quit the European Union's single market. Businesses have been calling for clarity on what Britain's relationship with Europe will be before deciding how to reshape their operations, but most...

  • *Britain to leave single market, customs union. *Cautions EU against punishing Britain. LONDON, Jan 17- Britain will quit the EU single market when it leaves the European Union, Prime Minister Theresa May said on Tuesday, in a decisive speech that set a course for a clean break with the world's largest trading bloc.