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  • Feb 28- India's Tata Sons Ltd has agreed to pay Japan's NTT DoCoMo about $1.17 billion in connection with the termination of a joint venture in the South Asian nation, the Nikkei daily reported, without citing its sources. India's central bank blocked Tata's offer, saying a rule change the previous year prevented foreign investors from selling stakes in Indian...

  • *Trump to address joint session of Congress on Tuesday. NEW YORK, Feb 27- Wall Street closed slightly higher on Monday and U.S. While many investors were hoping Trump would unveil details of pro-business policies including tax reform, cash repatriation or infrastructure spending during his address to Congress Tuesday night, others were not ready to make new...

  • *Trump addresses joint session of Congress on Tuesday. NEW YORK, Feb 27- Wall Street rose slightly on Monday and U.S. While many investors were hoping Trump would unveil details on pro-business policies including tax reform, cash repatriation or infrastructure spending during his address to Congress Tuesday night, others were not ready to make new bets as they...

  • *UAE and Iraq pledge to catch up with output cut targets. *Iran, Libya and Nigeria remain exempt from OPEC production cuts. NEW YORK, Feb 27- Oil prices ended little changed on Monday as the prospect for U.S. crude production to continue growing offset reports of high compliance to the OPEC production cut agreement and record bullish bets that prices would rise...

  • NEW YORK/ LONDON, Feb 27- Gold fell after tapping a 3-1/ 2- month high on Monday as U.S. ounce by 2:43 p.m. EST, after rising to $1,263.80, the highest since Nov. 11, but prices failed to hold above the 200- day moving average at $1,260.74. Trump is due to address Congress on Tuesday.

  • LONDON— Former Prime Minister John Major lambasted Britain's preparations for leaving the European Union on Monday, saying the government must offer more charm and less "cheap rhetoric" if it wants to get a good deal. Major, who led the U.K.' s Conservative government between 1990 and 1997, accused pro-Brexit politicians of giving Britons unrealistic...

  • MOSCOW, Feb 27- Russia is proposing the creation of an OPEC- like organization for the global aluminum industry, TASS news agency quoted Russian Industry and Trade Minister Denis Manturov as saying on Monday. OPEC, the Organization of the Petroleum Exporting Countries, unites some of the world's largest oil producers. Its members, together with non- OPEC oil...

  • MOSCOW, Feb 27- Russia is proposing the creation of an OPEC- like organisation for the global aluminium industry, TASS news agency quoted Russian Industry and Trade Minister Denis Manturov as saying on Monday. OPEC, the Organization of the Petroleum Exporting Countries, unites some of the world's largest oil producers. Its members, together with non- OPEC oil...

  • BRUSSELS, Feb 27- The European Union will not pick an immediate fight with the City of London over its right to clear euro-denominated securities, EU officials said on Monday, as Britain prepares to trigger the process of quitting the bloc. On a day when the EU executive made public tough language on Brussels' policing of financial services providers from non-EU...

  • LONDON, Feb 27- Guided by cameras and radars, and negotiating traffic and roundabouts, a self-driving Nissan car took to the streets of London on Monday for the Japanese company's first European tests of an autonomous vehicle. Britain's flexible approach to testing autonomous vehicles helped Nissan pick London for its first European tests, the director of its...

  • LONDON, Feb 27- U.S. food company Kraft Heinz is not targeting any other large deals for now after being snubbed by Unilever because valuations in the sector are too high, major shareholder Warren Buffett told CNBC news on Monday. My guess is yes, but who knows when... it would have to be friendly and frankly, the prices in that field make it very, very, very tough to make an...

  • *Polls show Macron easily beating Le Pen in runoff. LONDON, Feb 27- French 10- year bond yields fell to a one-month low on Monday, tightening the gap with German peers on further signs that centrist candidate Emmanuel Macron is the clear favorite in France's closely-watched presidential election. Italian yields also hit one-months lows, as the prospects of snap...

  • *UAE and Iraq pledge to catch up with output cut targets. On its second to last day as the front-month contract, Brent futures for April delivery were up 16 cents, or 0.3 percent, at $56.15 a barrel by 11:24 a.m. EST. Money managers also raised their bullish U.S. crude futures and options positions in the week to Feb. 21 to the highest on record, the U.S. Commodity Futures...

  • *EU minus Britain to meet in Rome on March 25. *Some see "multi-speed Europe" as divisive, threat. BRUSSELS, Feb 27- European Union chief executive Jean-Claude Juncker will propose to national leaders next month a handful of options for shoring up unity once Britain launches a withdrawal that some fear could trigger a further unravelling of the bloc.

  • Feb 27- Goldman Sachs Group Inc is building a 1.1 million square foot office in London with initial occupancy slated for 2019, it said in a regulatory filing on Monday, even as global banks grapple with risks around Brexit. When completed, the new London building would be about half the size of Goldman's executive offices in downtown New York at 200 West Street.

  • Wall Street notched another set of milestones Monday as the Dow Jones industrial average closed at a record high for the 12th consecutive time, the longest winning streak for the 30- company average in 30 years. Many investors were taking a wait-and-see approach ahead of President Donald Trump's speech to Congress on Tuesday, hoping for details of promised...

  • *Euro stronger as polls show Le Pen losing momentum. NEW YORK, Feb 27- The dollar was slightly weaker against a basket of currencies on Monday as investors worried that a speech by U.S. Mnuchins comments seemed to indicate the details of tax reform will be known probably closer to the latter half of the summer, and we can most likely expect 3 percent growth towards the...

  • LONDON, Feb 27- Sterling hit a 12- day low against the dollar on Monday, as talk of another possible Scottish independence vote added to fears about Britain's future as it prepares to leave the European Union. A report in the Times newspaper said British Prime Minister Theresa May is preparing for Scotland to call a fresh independence referendum in March, to...

  • LONDON, Feb 27- For every buyer of futures and options there must be a seller. For every long position there must be a corresponding short position. Since September 2009, the U.S. Commodity Futures Trading Commission has employed a four-way classification for all traders with reportable positions in crude oil.

  • LONDON— The British government said Monday it has found no evidence that patients were put at risk when hundreds of thousands of confidential medical documents were mislaid over a five-year period. Labour Party health spokesman Jonathan Ashworth said it was an "absolute scandal," and Liberal Democrat leader Tim Farron called the episode "a staggering loss of...