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  • *Trump wants to tear up Iran nuclear deal if he wins. LONDON/ ANKARA, July 29- Britain's vote to leave the European Union and the rise of U.S. presidential nominee Donald Trump have paralysed efforts by Western governments to encourage already highly reluctant international banks to do business with Iran. Uncertainty is frustrating Tehran's push for foreign...

  • Britain's Financial Conduct Authority and the China Securities Regulatory Commission are cooperating on a regulatory framework for a scheme for distributing fund products in each other's jurisdiction and a proposed London- Shanghai link for trading shares, two people with direct knowledge of the matter said. Britain, home to the EU's biggest finance...

  • LONDON, July 30- British Prime Minister Theresa May was concerned about the security implications of a planned Chinese investment in the new Hinkley Point nuclear plant and intervened personally to delay the project, a former colleague and a source said on Saturday. The plan by France's EDF to build two reactors with financial backing from a Chinese...

  • The plan by France's EDF to build two new reactors with financial backing from a Chinese state-owned firm was championed by May's predecessor David Cameron as a sign of Britain's openness to foreign investment. But just hours before a signing ceremony was due to take place on Friday, May's new government said it would review the project again, raising doubts...

  • LONDON, July 30- Theresa May was unhappy with the "gung-ho" approach her predecessor took to Chinese investment in Britain, a former colleague said on Saturday, after the new British prime minister cast into doubt a high-profile Chinese-funded nuclear project. Britain had been due to sign off on Friday on a plan by France's EDF to build two new reactors at Hinkley...

  • LONDON, July 29- Banks from Italy, Ireland, Spain and Austria fared worst in the latest European Union stress test, which the region's banking watchdog said on Friday showed there was still work to do in order to boost credit to the bloc's economy. "While a number of individual banks have clearly fared badly, the overall finding of the European Banking Authority- that...

  • SHANGHAI, July 30- China General Nuclear Power Corp on Saturday said it respects the decision of the new British government to review a nuclear power project in which it would hold a major stake, according to a statement on the company's official microblog. China's foreign ministry did not answer questions faxed by Reuters, referring further questions to...

  • Britain's Financial Conduct Authority and the China Securities Regulatory Commission are cooperating on a regulatory framework for a scheme for distributing fund products in each other's jurisdiction and a proposed London- Shanghai link for trading shares, two people with direct knowledge of the matter said. Britain, home to the EU's biggest finance...

  • The British government announced on Friday it would review the Hinkley Point C project just hours after the builder, French state-owned utility EDF, voted to approve it, delaying a final decision on the plan just weeks after Britain's vote to leave the European Union ushered in a new prime minister. The Hinkley Point reactor project, which would provide an...

  • Speakers: Reserve Bank of India Governor Raghuram Rajan, Swiss National Bank Chairman Thomas Jordan, Monetary Authority of Singapore Managing Director Ravi Menon, Bank Indonesia Deputy Governor Perry Warjiyo, IMF Deputy Managing Director Mitsuhiro Furusawa, Bank of Philippines Governor Amando Tetangco and Federal Reserve Bank of New York President...

  • *Both down nearly 15 pct on month; WTI drop most since July 2015. NEW YORK, July 29- Oil prices steadied on Friday after touching three-month lows during a week-long selloff fueled by a persistent global supply glut, bringing the monthly decline to nearly 15 percent, the biggest monthly loss in a year for U.S. crude. Hedge funds, some of the biggest bulls in oil, slashed...

  • *Both down nearly 15 pct on month; WTI drop most since July 2015. NEW YORK, July 29- Oil prices steadied on Friday after touching three-month lows amid a week-long selloff but still finished the month nearly 15 percent lower, with U.S. crude declining the most in a year because of a persistent glut. Hedge funds, some of the biggest bulls in oil, slashed their positive bets...

  • NEW YORK/ LONDON, July 29- Gold rose to its highest level in nearly three weeks on Friday after much slower-than-expected U.S. economic growth weighed on the dollar, and was on track for a second monthly gain in a row. The U.S. Commerce Department reported that GDP grew at an annual rate of 1.2 percent in the second quarter, far less than economists' estimates of 2.6...

  • *Both down 15 pct on month; WTI drop the biggest since July 2015. NEW YORK, July 29- Oil prices recovered on Friday after a week-long selloff but still finished the month nearly 15 percent lower, with U.S. crude declining the most in a year because of a persisting glut. The Brent September contract, which expired as the front-month, settled at $42.46 a barrel, down 0.6...

  • *79 bln pound deal would be biggest takeover of UK company. LONDON/ BRUSSELS, July 29- The board of brewer SABMiller will recommend its shareholders approve a sweetened takeover offer by Anheuser-Busch InBev, the company said on Friday, capping a week of high drama about the fate of the consumer industry's biggest-ever merger. Its earlier offer had been made less...

  • *Both down 15 pct on month; WTI drop the biggest since July 2015. NEW YORK, July 29- Oil prices steadied on Friday amid short-covering after a week-long selloff but were on track to end the month about 15 percent lower on persistent glut concerns, with the biggest decline seen for U.S. crude in a year. Brent's expiring front-month contract, September, was at $42.15 a...

  • *Traders pare Fed rate-hike view on paltry U.S. growth. NEW YORK, July 29- U.S. Gross domestic product, the government's broadest economic gauge, grew at a 1.2 percent annual rate after rising the Commerce Department said on Friday.

  • LONDON, July 29- The board of brewer SABMiller will recommend its shareholders approve a sweetened takeover offer by Anheuser Busch InBev, the company said on Friday, capping a week of high drama about the fate of the consumer industry's biggest-ever merger. AB InBev added a pound-per-share to its cash offer on Tuesday to quash investor dissent over a deal that...

  • *Both down 15 pct on month; WTI drop the biggest since July 2015. NEW YORK, July 29- Oil prices steadied on Friday amid short-covering after a week-long selloff but were on track to end the month about 15 percent lower on persistent glut concerns, with the biggest decline seen for U.S. crude in a year. Brent's most active contract, October, was down 8 cents at $43.15 after...

  • LONDON, July 29- The board of brewer SABMiller will recommend shareholders approve the final takeover offer by Anheuser Busch InBev, the company said on Friday, capping a week of high drama about the fate of the consumer industry's biggest-ever merger. AB InBev raised its cash offer to most shareholders by a pound-per-share on Tuesday, after the recent fall in...