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  • *Copper prices seen at $4,890 average in 4 Q- NAB. MELBOURNE, July 27- London copper edged down on Wednesday but held above one-week lows hit in the previous session ahead of the outcome of the U.S. "My medium to longer term view on copper prices is fairly bearish but the recent increase in prices seems to be a general reflection of risk on, as people become more...

  • THURSDAY, JULY 28 NEW HAVEN, United States- European Central Bank board member Benoit Coeure speaks at the Yale Forum on financial crisis management organised by U.S. Department of Treasury in New Haven- 1800 GMT. CAMBRIDGE- Federal Reserve Bank of San Francisco President John Williams participates in a policy dialogue on "What's Left in the Fed's Tool Kit?"

  • NEW YORK, July 26- U.S. crude prices fell on Tuesday, hitting three-month lows, on renewed worries of a glut while Brent settled higher due to its better fundamentals versus U.S. crude. Official inventory data for the week ended July 22 is due on Wednesday from the U.S. Energy Information Administration. "The API data suggests there's still an oversupply of crude, that...

  • NEW YORK, July 26- U.S. crude prices fell on Tuesday, hitting three-month lows, as worries over a gasoline glut outweighed expectations of U.S. crude stock declines, while Brent erased early losses to settle higher due to its better fundamentals versus U.S. crude. "The Brent-WTI spread play has picked up to Brent's advantage, given the depressing inventory...

  • NEW YORK/ LONDON, July 26- Gold rose on Tuesday as the dollar fell, but remained hemmed into a range at the start of a two-day U.S. Spot gold was up 0.4 percent at $1,319.96 an ounce by 2:35 p.m. EDT, while U.S. gold futures for August delivery settled up $1.30, or 0.1 percent, at $1,320.80. The Fed will release a statement on Wednesday at 2 p.m. EDT.

  • July 26- WestJet Airlines Ltd's quarterly profit slumped 40.5 percent and the carrier said Tuesday that costs would rise this year due to the timing of maintenance expenses on its widebody aircraft and extra charges incurred on a new London route. Macquarie Capital Markets analyst Konark Gupta said the cost increase was not "overly concerning" as it related to "...

  • LONDON, July 26- Goldman Sachs abused its position as a trusted adviser to Libya's sovereign wealth fund, a lawyer for the fund argued on Tuesday, in a case that has subjected the bank's dealings to a forensic degree of scrutiny. In a trial at London's High Court, the Libyan Investment Authority is attempting to claw back $1.2 billion from the Wall Street giant in...

  • Adds details, closing prices) Adds details, updates prices). LONDON, July 26 (Reuters)- Gains in major healthcare and consumer goods stocks propped up European equities on Tuesday, partly offsetting persistent concerns over the region's banking system. Berkeley Futures associate director Richard Griffiths said those stocks were benefiting from being...

  • *Britain attracts 10.1 bln stg at sale of 2065 linker. *Britain sells 2.5 bln pounds of 2065 linker. LONDON, July 26- Britain's sale of a 50- year inflation-linked government bond drew "very strong" demand in the first syndication to take place after the country's decision to leave the European Union, the UK Debt Management Office said on Tuesday.

  • LONDON— Two Canadian airline pilots charged with being drunk as they prepared to fly a passenger jet on a trans-Atlantic route have been bailed on condition they surrender their passports. Jean-Francois Perreault, who is 39, and 37- year-old Imran Zafar Syed were arrested at Glasgow Airport on July 18, shortly before they were due to fly an Air Transat jet to...

  • LONDON, July 26- Sterling hit a two-week low on Tuesday after a Bank of England policymaker said a batch of weak UK data would be "very material" for the bank's next policy meeting, having last week said he needed more evidence of economic weakness before backing an interest rate cut. Sterling slipped as low as $1.3057 in morning trading in London, its weakest since...

  • *WTI lowest since April 20, Brent down to May 10 low. NEW YORK, July 26- Oil prices dipped on Tuesday, with U.S. crude hitting three-month lows, as oversupply concerns weighed on the petroleum complex ahead of data likely to show unseasonably high gasoline stocks despite the peak U.S. summer driving period. "Our shift to a bearish stance that was initiated more than...

  • However, the airline warned of a rise in costs this year due to "irregular operations" on the London route and the timing of maintenance expenses for aircraft on the route. Macquarie Capital Markets analyst Konark Gupta said the cost increase was not "overly concerning" as it related to "teething issues" on WestJet's new London flights. Firming demand and revenue...

  • TORONTO/ VANCOUVER, July 26- Barrick Gold Corp, the world's largest gold producer, is weighing a sale of its majority stake in African unit Acacia Mining Plc and has approached several South African miners, according to sources familiar with the situation. Barrick owns 64 percent of Acacia, a London- listed miner with three producing gold mines in Tanzania:...

  • LONDON, July 26- The heirs of Dolly the sheep are enjoying a healthy old age, proving cloned animals can live normal lives and offering reassurance to scientists hoping to use cloned cells in medicine. Dolly, cloning's poster child, was born in Scotland in 1996. "Overall, the results are suggesting that these animals are remarkably healthy," said Kevin Sinclair of the...

  • Adds details, closing prices) Adds details, updates prices). MILAN/ LONDON, July 26 (Reuters)- Gains in major healthcare and consumer goods stocks propped up European equities on Tuesday, offsetting persistent concerns over the region's banking system. Berkeley Futures associate director Richard Griffiths said those stocks were benefiting from being...

  • *Brent falls to $44.14 intraday, lowest since May 10. LONDON, July 26- Oil pared losses on Tuesday to trade below $45 a barrel, after falling to its lowest since May on concerns that a long-awaited rebalancing of the market would be delayed due to excess supply. It fell to $44.14 intraday, the lowest since May 10.

  • *Brent falls to $44.14 intraday, lowest since May 10. LONDON, July 26- Oil on Tuesday hit its lowest since May, falling towards $44 a barrel, pressured by concerns that a long-awaited rebalancing of the market would be delayed due to excess supply. It fell to $44.14 intraday, the lowest since May 10.

  • TIRANA, Albania— The European Bank for Reconstruction and Development is looking to support financially the development of the Trans Adriatic Pipeline, which plans to bring gas across the Balkans and on to Italy. "In the energy sector, the EBRD is well aware of the need to secure energy for Europe which is affordable and acceptable from the point of view of climate...

  • BASILDON ESSEX, Britain _ CNH Industrial NV on Tuesday reported second-quarter profit of $126 million. On a per-share basis, the Basildon Essex, Britain- based company said it had profit of 10 cents. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.