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  • LONDON, May 26- Sterling dived more than half a percent against both the dollar and euro on Friday after the first opinion poll in days showed Prime Minister Theresa May's lead down to just 5 percentage points over the opposition Labour Party. Markets' assumption that May's Conservatives would win handsomely, strengthening her hand in talks on leaving the...

  • LONDON, May 26- Sterling dived more than half a percent against both the dollar and euro on Friday after the first opinion poll in days showed Prime Minister Theresa May's lead down to just 5 percentage points over the opposition Labour Party. Markets' assumption that May's Conservatives would win handsomely, strengthening her hand in talks on leaving the...

  • LONDON, May 26- Gold hit its highest in nearly four weeks on Friday in response to a weaker dollar and political uncertainty that led investors to shun riskier assets in favor of bullion. Equities are also down, "analyst Carsten Menke at Julius Baer in Zurich said. Leaders of the world's rich nations face difficult talks with Donald Trump at a G7 summit in Sicily on...

  • TAORMINA, Italy, May 26- Talks between U.S. President Donald Trump and other leaders of the world's rich nations at the G7 summit on Friday were expected to be "robust" and "challenging" after he had lambasted NATO allies and condemned German trade policies a day earlier. Later, the leaders of Britain, Canada, France, Germany, Italy, Japan and the United States will hold...

  • *STOXX 600 down 0.5 pct, FTSE hits fresh record. *Energy stocks down after OPEC disappointment. The pan-European STOXX 600 index fell 0.5 percent and euro zone blue chips fell 0.7 percent by 0922 GMT, while in London both the main FTSE 100 benchmark and mid caps nudged higher to hit fresh record highs.

  • TAORMINA, Sicily— The Latest on the G-7 summit in Taormina, Sicily:. German Chancellor Angela Merkel says she's spoken to President Donald Trump about his reported criticism of Germany for its trade surplus with the U.S. The leaders meeting in Taormina, Sicily signed a declaration pledging to intensify the fight against terror in the wake of "the brutal attack in...

  • *Crude recovers after OPEC disappointment. LONDON, May 26- Battered oil prices recovered some ground on Friday as investors looked past disappointment that an OPEC meeting did not produce bigger supply cuts, while sterling slid on a poll showing the ruling Conservatives' lead shrinking, two weeks before an election. European stock markets opened down as...

  • *G7 leaders to hold two days of talks in Sicily. TAORMINA, Italy, May 26- Leaders of the world's rich nations braced for contentious talks with Donald Trump at a G7 summit in Sicily on Friday after the U.S. president lambasted NATO allies for not spending more on defence and accused Germany of "very bad" trade policies. The summit will kick off with a ceremony at an...

  • *Lead of UK PM May's Conservatives drops in YouGov poll. LONDON, May 26- Sterling fell to a two-week low on Friday after a poll showed a narrowing lead for British Prime Minister Theresa May over her opposition ahead of elections next month, while commodity-linked currencies inched higher after a recovery in oil prices. In a sign that Britain's June 8 election...

  • LONDON, May 26- Sterling dived more than half a percent against both the dollar and euro on Friday after the first opinion poll in days showed Prime Minister Theresa May's lead down to just 5 percentage points over the opposition Labour Party. Markets' assumption that May's Conservatives would win handsomely, strengthening her hand in talks on leaving the...

  • LONDON, May 26- Sterling dived more than half a percent against both the dollar and euro on Friday after the first opinion poll in days showed Prime Minister Theresa May's lead down to just 5 percentage points over the opposition Labour Party. Markets' assumption that May's Conservatives would win handsomely, strengthening her hand in talks on leaving the...

  • LONDON, May 26- Sterling dived more than half a percent against both the dollar and euro on Friday after the first opinion poll in days showed Prime Minister Theresa May's lead down to just 5 percentage points over the opposition Labour Party. Markets' assumption that May's Conservatives would win handsomely, strengthening her hand in talks on leaving the...

  • LONDON, May 26- Sterling dived more than half a percent against both the dollar and euro on Friday after the first opinion poll in days showed Prime Minister Theresa May's lead down to just 5 percentage points over the opposition Labour Party. Markets' assumption that May's Conservatives would win handsomely, strengthening her hand in talks on leaving the...

  • TAORMINA, Sicily— Leaders of the Group of Seven wealthy democracies on Friday put pressure on internet companies and social media sites to do more to stop the spread of "hateful ideology," appealing to their sense of social responsibility to more swiftly identify and remove terror propaganda. The measure signed by the seven nations' leaders was a show of...

  • *Crude futures tumble after OPEC fails to deepen cuts. SINGAPORE, May 26- Oil prices weakened on Friday, prompting a move away from riskier assets and depressing Asian stocks, after an OPEC agreement to extend cuts in crude production for a further nine months disappointed investors who had bet on bigger output cuts. European stock markets look set for a muted...

  • KEEPING SCORE: European shares opened lower, with France's CAC 40 down 0.8 percent to 5,297.13 and Germany's DAX lost 0.5 percent to 12,561.85. Britain's FTSE 100 rose 0.1 percent to 7,526.71. WORLD LEADERS: President Donald Trump and other leaders of the Group of Seven wealthy nations are set to meet in Italy for a summit.

  • *Asia stocks slip despite Wall Street scaling new highs. SINGAPORE, May 26- Crude prices were on the defensive on Friday after an agreement by OPEC to extend existing supply curbs disappointed investors wagering on larger cuts, prompting a move away from riskier assets and depressing Asian stocks. The Organization of Petroleum Exporting Countries and some non-...

  • May 26- Gold edged lower early Friday as the dollar steadied due to weakness in commodity currencies after an extension of output curbs by OPEC and other producing nations left investors hoping for bigger cuts disappointed. *Spot gold was down 0.2 percent at $1,253.10 per ounce by 0110 GMT. *OPEC and non-members led by Russia decided on Thursday to extend cuts in...

  • *Asia stocks slip despite Wall Street scaling new highs. SINGAPORE, May 26- Crude prices remained subdued early on Friday after an agreement by OPEC to extend existing supply curbs disappointed many who had hoped for larger cuts. The Organization of Petroleum Exporting Countries and some non- OPEC producers agreed at a meeting in Vienna on Thursday to extend...

  • FRIDAY, MAY 26 MONTREUX, Switzerland- ECB Board Member Benoit Ceure participates in 24th Reunion of the Governors des Banques Centrales des Pays Francophones Organized by the Swiss National Bank- 2000 GMT. TOKYO- Bank of Japan Governor Haruhiko Kuroda speaks at the 2017 Spring Annual Meeting of the Japan Society of Monetary Economics. BRUSSELS- ECB President...