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  • LONDON, July 28- Anglo American said on Thursday net debt had fallen and that an aggressive cost-cutting and asset sale strategy was on track, although the second half of the year is likely to be challenging. Of the big miners, Anglo American has been one of the worst hit by a plunge in commodity markets following weaker than expected demand in top consumer China.

  • *Current cost of supplies of $1 bln miss analysts' estimates. LONDON, July 28- Royal Dutch Shell reported a more than 70 percent fall in quarterly profit on Thursday, well below analyst estimates, blaming weak oil prices, poor refining profits and higher charges resulting from its $54 billion acquisition of BG Group. Shell's current cost of supplies-- its definition...

  • LONDON— Anglo-Swedish drugmaker AstraZeneca says second-quarter earnings fell 22 percent after sales of its blockbuster cholesterol drug Crestor dropped sharply after a generic alternative came on the market in the United States. Core operating profit, which excludes one-time items such as restructuring costs and impairments, dropped to $1.41 billion...

  • LONDON— Royal Dutch Shell said Thursday that second-quarter earnings fell 72 percent as low oil prices weigh on the profitability of the Anglo-Dutch energy giant. Profit adjusted for changes in the value of inventories and excluding one-time items— a preferred industry measure for earnings— dropped to $1.05 billion from $3.76 billion in the same period of...

  • NEW YORK— Stocks had another day of meager gains on Thursday as investors worked through a new batch of mixed company earnings, including results from Facebook, Ford and Whole Foods. Cautious investors are looking ahead to a meeting of the Bank of Japan on Friday which is expected to result in an announcement of more stimulus for the world's third-largest...

  • *Ireland is only English-speaking center with EU future. While France has begun courting bankers with new tax breaks for expatriates and Frankfurt, Amsterdam and Luxembourg are also making pitches, Ireland is presenting itself as the only English-speaking country that offers a base in the euro zone and a future in the EU. Ireland is already one of the world's...

  • DUBLIN, July 28- Nine out of 10 Irish exporters see Britain's vote to leave the European Union hurting businesses with more than half of those firms planning to diversify into different markets as a result, a survey showed on Thursday. The IEA is the main representative group for goods and service exporters in Ireland. The curtailing of trade due to Brexit caused...

  • DUBLIN, July 28- Nine out of 10 Irish exporters see Britain's vote to leave the European Union hurting businesses with more than half of those firms planning to diversify into different markets as a result, a survey showed on Thursday. The IEA is the main representative group for goods and service exporters in Ireland. The curtailing of trade due to Brexit caused...

  • LONDON— If you spend all day sitting on your rear end, then you might want to schedule some time for a brisk walk— just make sure you can spare at least an hour. "We cannot stress enough the importance of getting exercise, whether it's getting out for a walk at lunchtime, going for a run in the morning or cycling to work," said Ulf Ekelund of the Norwegian School of Sports...

  • LONDON _ Noble Corp. on Wednesday reported second-quarter earnings of $322.9 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share. Noble Corp. shares have declined 30 percent since the beginning of the year, while the Standard& Poor's 500 index has risen 6 percent.

  • LONDON _ Ensco PLC on Wednesday reported second-quarter earnings of $590.6 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share. Ensco shares have declined 43 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 6 percent.

  • LONDON, July 27- SABMiller has told employees to pause the integration of its operations with those of Anheuser-Busch InBev as the brewer's board weighs its sweetened takeover offer, two sources familiar with the matter said. Still, AB InBev's U.S.-listed shares fell 3 percent and shares of Molson Coors, which is set to take over SAB's U.S. operations, fell 5...

  • LONDON— SABMiller has suspended work on integrating its operations with those of Anheuser-Busch InBev while it reviews AB InBev's sweetened bid, raising concern about completion of the 79 billion pound takeover. The suspension, announced by SABMiller CEO Alan Clark in a memo to employees on Tuesday, came soon after AB InBev increased its cash offer to 45...

  • NEW YORK, July 27- Oil prices tumbled 3 percent on Wednesday, with U.S. crude futures hitting three-month lows, as U.S. crude and gasoline stocks surged on weak demand during the peak summer driving season. The U.S. Energy Information Administration said crude stockpiles soared 1.7 million barrels last week, instead of falling 2.3 million barrels as forecast.

  • NEW YORK/ LONDON, July 27- Gold extended its climb above $1,330 an ounce on Wednesday after the U.S. Spot gold was up 0.9 percent at $1,331.20 an ounce by 2:42 p.m. EDT. "Gold has defied the marginally hawkish tone of the FOMC statement turning higher and pushing for a close above $1,335, which could prophesy the return of bullish sentiment," said Tai Wong, director of...

  • NEW YORK, July 27- Oil prices tumbled 3 percent on Wednesday, with U.S. crude futures hitting three-month lows, as U.S. crude and gasoline stocks surged despite the peak summer driving season as weak demand and profits forced refinery cutbacks. The U.S. Energy Information Administration said crude stockpiles soared 1.7 million barrels last week, instead of...

  • LONDON, July 27- SABMiller has asked employees to pause the process of integrating its operations with those of Anheuser-Busch InBev as the brewer's board weighs its sweetened takeover offer, according to two sources familiar with the matter. Still, AB InBev's U.S.-listed shares fell nearly 4 percent and shares of Molson Coors, which is set to take over SAB's...

  • NEW YORK, July 27- Oil prices tumbled as much 3 percent on Wednesday, with U.S. crude futures hitting three-month lows, as U.S. crude and gasoline stocks surged despite the peak summer driving season as weak demand and profits forced refinery cutbacks. The U.S. Energy Information Administration said crude stockpiles rose 1.7 million barrels last week, instead of...

  • LONDON/ MILAN, July 27 (Reuters)- European shares rose on Wednesday with the market underpinned by well-received earning updates from companies including Peugeot and LVMH, while Deutsche Bank fell after a poor update. German carmakers including Volkswagen rose, helping the auto-heavy German index DAX recover all the losses it made since UK's shock vote to...

  • LONDON, July 27- SABMiller has asked employees to pause the process of integrating its operations with those of Anheuser-Busch InBev as the brewer's board weighs its sweetened takeover offer, according to sources familiar with the matter. The pause in operations is not an indication of the board's thinking, said one of the sources, who declined to be identified...