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  • BEAZLEY PLC SAYS SWITCH WILL GIVE "SOME PROTECTION" TO EUROPEAN GROWTH, IF LLOYD'S OF LONDON LOSES LICENCES- CEO.

  • LONDON/ ISTANBUL July 21- Turkey's botched coup and an apparent lurch towards authoritarianism is ratting investors and threatens to throw into reverse the hundreds of billions of dollars that have flowed to this once-booming emerging market. In the years after its 2001-2002 financial crisis, Turkey rode a wave of bullishness towards emerging markets, and...

  • LONDON, July 22- Heathrow Airport said the vote to leave the European Union made it more important than ever that Britain's leading airport should be allowed to expand to boost trade links with countries around the world. Britain has spent years pondering whether to expand Heathrow or its rival Gatwick to provide additional capacity in the south east and a...

  • LONDON, July 22- Heathrow Airport said the vote to leave the European Union made it more important than ever that Britain's leading airport should be allowed to expand to boost trade links with countries around the world. Britain has spent years pondering whether to expand Heathrow or its rival Gatwick to provide additional capacity in the south east and a...

  • *German exports to Britain stagnated in Jan-May period. *Britain likely to remain major market for Germany. BERLIN, July 21- Some German companies are holding off making investments in Britain until they know more about the relationship the country will forge with the rest of Europe following the Brexit vote.

  • NEW YORK— Stocks rose Friday afternoon trading, the latest nudge forward for a market that has taken a decidedly slow-and-steady path to record highs. KEEPING SCORE: The S&P 500 was up 8 points, or 0.4 percent, to 2,173 at 2:22 p.m. Eastern time. ANALYST'S TAKE: "I think people are a little more sensitized, where any tick lower in the market creates this' buy-on-the-dip'...

  • Jean-Francois Lemay said Thursday that all passengers scheduled to fly on the July 18 flight from Glasgow to Toronto will be compensated pursuant to the applicable European regulations. European Union rules stipulate a passenger is entitled to 600 euros in the event a flight longer than 2,174 miles is canceled. Jean-Francois Perreault, 39, and Imran Zafar...

  • NEW YORK, July 21- Stock prices around the world fell on Thursday on disappointing earnings, while the yen jumped after Bank of Japan chief Haruhiko Kuroda said he saw no need to use "helicopter money" to boost the world's No. 3 economy. Treasuries and other low-risk government debt, whose yields had risen from record lows linked to Britain's stunning vote to leave...

  • *ABN says Brent could slide by about $5 to $42 -43 levels. NEW YORK, July 21- Oil prices fell 2 percent on Thursday, as the market took a closer look at U.S. government data that showed growing inventories of gasoline and other oil products pushed total petroleum supplies in the No. 1 oil consumer to record highs. In the previous session, Brent and U.S. crude futures rose by...

  • *ABN says Brent could slide by about $5 to $42 -43 levels. NEW YORK, July 21- Oil prices fell 2 percent on Thursday, as the market took a closer look at U.S. government data that showed growing inventories of gasoline and other oil products pushed total petroleum supplies in the No. 1 oil consumer to record highs. Brent crude closed 97 cents, or 2.1 percent, lower at $46.20 a...

  • NEW YORK/ LONDON, July 21- Gold rebounded above a three-week low and rose 1 percent on Thursday, as the dollar fell and the key stock indexes hovered below record highs after the European Central Bank left key interest rates unchanged. "September's meeting has become even more important and expectations will be running sky-high that the bank will do more QE,"...

  • LONDON, July 21- Veterans of the City of London's financial services industry are setting up a forum to help the British government in Brexit talks with the European Union, people involved in the project said on Thursday. Britain's shock vote to leave the bloc has forced financial firms to rethink their business strategy which has until now depended on having an...

  • NEW YORK, July 21- Blackstone Group LP, the world's biggest alternative asset manager, posted stronger-than-expected earnings on Thursday as gains in property holdings and rebounding oil prices offset losses from Britain's shock decision to leave the European Union. The gains came despite a modest drag on investments after Britain stunned the world on June...

  • *ABN says Brent could slide by about $5 to $42 -43 levels. NEW YORK, July 21- Oil prices fell nearly 2 percent on Thursday, as the market took a closer look at U.S. government data that showed growing inventories of gasoline and other oil products pushed total petroleum supplies in the world's largest oil consumer to a record high. Brent crude was down 79 cents, or 1.7...

  • *Airlines slump as Lufthansa issues profit warning. LONDON, July 21- European stocks edged lower on Thursday, as a drop in the shares of major airlines offset gains in some banks, propped up by signals of support for the sector from the European Central Bank. Airline stocks fell amid fears some consumers may avoid travelling abroad for holidays after last week's...

  • NEW YORK, July 21- World equity markets were little changed on Thursday, with the key U.S. Dow and S&P stock indexes hovering below record highs, while the euro fell, erasing earlier gains spurred by the European Central Bank's decision to refrain from more stimuli. U.S. and European equity markets have been on a tear due to upbeat company earnings and encouraging...

  • *Malaysia Attorney General says no evidence of misappropriation. *Singapore seizes $240 million in 1 MDB-related funds. KUALA LUMPUR/ WASHINGTON, July 21- Malaysian Prime Minister Najib Razak said on Thursday judgment should be withheld until all the facts are known after the U.S. government filed lawsuits seeking to seize $1 billion in assets bought with...

  • *ABN says Brent could slide by about $5 to $42 -43 levels. NEW YORK, July 21- Oil prices fell more than 1 percent on Thursday, erasing gains from the previous session, after a rise in U.S. gasoline inventories pushed supplies in the world's top oil consumer to a record high, reinforcing worries of a global glut. Brent crude was down 55 cents, or 1.2 percent, at $46.62 a barrel...

  • LONDON/ ISTANBUL July 21- Turkey's botched coup and an apparent lurch towards authoritarianism is ratting investors and threatens to throw into reverse the hundreds of billions of dollars that have flowed to this once-booming emerging market. In the years after its 2001-2002 financial crisis, Turkey rode a wave of bullishness towards emerging markets, and...

  • FRANKFURT/ DETROIT, July 21- General Motors said it was considering cost cuts in Europe to offset up to $400 million of potential headwinds triggered by Britain's Brexit vote, calling into question the carmaker's ability to return Opel and Vauxhall to a full-year profit. GM Europe has not been profitable on a full-year basis since 1999. GM described Brexit as "a...