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  • March 27- Global banks have warned they could move thousands of jobs out of Britain to prepare for the expected disruption caused by the country's exit from the European Union, endangering London's status as a major financial centre. More details are starting to emerge after Prime Minister Theresa May confirmed Britain would leave the European single market,...

  • *Brussels, Luxembourg seen more flexible on capital. LONDON, March 27- Lloyd's of London, the world's largest speciality insurance market, will this week pick Brussels or Luxembourg for its planned European Union subsidiary, after Dublin had been an early favourite, sources say. Lloyd's shortlist of six locations has been reduced to Brussels and Luxembourg,...

  • March 27- Global banks have warned they could move thousands of jobs out of Britain to prepare for the expected disruption caused by the country's exit from the European Union, endangering London's status as a major financial center. More details are starting to emerge after Prime Minister Theresa May confirmed Britain would leave the European single market,...

  • The Paris Agreement requires consensus for all decisions, meaning the withdrawal of a recalcitrant United States would make it easier for emitters such as China and the European Union to design details of a trillion-dollar shift from fossil fuels. In a step to undo environmental regulations introduced under former President Barack Obama, Trump will sign an...

  • PARIS— French energy company Total is launching a multi-billion-dollar petrochemical joint venture in Texas as it tries to profit from the "business-friendly environment" under the current U.S. administration. The plan announced Monday in Paris is the company's largest-ever investment in petrochemicals, and part of its strategy to benefit from cheap...

  • ZURICH, March 27- Power transmission and industrial automation company ABB has replaced its senior management in South Korea after an executive disappeared from the business with $100 million. The Swiss company has fired the managing director and chief financial officer in charge of South Korea in the wake of the scandal, which exposed a failure to maintain...

  • The tie-up announced by the companies on Monday highlights the increasingly competitive nature of the sector, with Lufthansa battling Gulf carriers on routes to Asia and Cathay counting the cost of the advance of Chinese rivals that contributed to its first full-year loss since 2008.. Under the Cathay Pacific deal, Lufthansa and its Swiss and Austrian...

  • BERLIN— Lufthansa has announced a code-sharing deal with Cathay Pacific under which the German airline and its Swiss and Austrian Airlines units will offer new connections to Australia and New Zealand. Lufthansa said Monday that the deal will allow Cathay Pacific passengers to reach 14 of its destinations in Europe under the Hong Kong airline's flight...

  • MOSCOW/ PARIS, March 27- Russia's largest carmaker Avtovaz is planning to delist from the Moscow Exchange after a secondary share offering later this year, two sources familiar with the matter told Reuters. The move would allow Avtovaz, majority-owned by French car giant Renault and its alliance partner Nissan, to take out costs relating to supporting a listing...

  • FRANKFURT, March 27- London has seen its standing as a financial center slip as Britain prepares to trigger its departure from the European Union, according to a survey released on Monday, although rival European cities still lag far behind. The Z/Yen global financial centers index, which ranks 88 financial centers, still puts London in first place, followed by...

  • LONDON, March 27- What you see is not what you get. This is a truism for any metal stored in London Metal Exchange warehouses but it is particularly relevant in the lead market right now. This scramble for units leaves the London contract vulnerable to cash-date tightness.

  • SYDNEY/ PARIS, March 27- U.S. soybeans edged lower on Monday, hovering close to a five-month low amid ample global supplies of the oilseed and strong South American production. The most active soybean futures on the Chicago Board Of Trade fell 0.3 percent to $9.73 a bushel after hitting $9.72-1/ 4 a bushel, a five-month low already hit on Friday.

  • BERLIN— The Latest on migration issues in Europe:. A Syrian refugee in Germany won't pursue further legal action against Facebook after a court rejected his call for an injunction forcing the company to seek and delete posts falsely linking him to crimes committed by migrants. He added that the legal proceedings were "dangerous for my families in Syria and in...

  • *Europe's biggest economy set for solid growth. *Graphic: Germany on the rise http://bit.ly/2o051gr. BERLIN, March 27- German business morale hit its highest level in nearly six years in March, suggesting company executives in Europe's largest economy are brushing off concerns about the threat of rising protectionism and Germany's own election issues.

  • BRUSSELS— The European Union approved the proposed merger of Dow Chemical and DuPont on Monday, declaring itself satisfied with commitments the companies have made to divest businesses. Both plan to join in a $62 billion deal and then break apart into three separate, publicly traded companies. Part of Dow's petrochemical business also will be sold—...

  • BERLIN— A Syrian refugee in Germany won't pursue further legal action against Facebook after a court rejected his call for an injunction forcing the company to seek and delete posts falsely linking him to crimes committed by migrants. He added that the legal proceedings were "dangerous for my families in Syria and in Germany." These started appearing in...

  • FRANKFURT, Germany— A top banking supervisor says that British banks must put down solid roots if they want European banking licenses to keep access after the UK leaves the European Union. "Banks that have their EU base in London— which includes British banks but also non-European ones— could lose access to the other 27 EU countries if Britain opts to break away...

  • *Europe's biggest economy set for solid growth. BERLIN, March 27- German business morale hit its highest level in nearly six years in March, suggesting company executives in Europe's largest economy are brushing off concerns about the threat of rising protectionism and Germany's own election issues. The surprisingly strong business climate index, published...

  • BERLIN— A closely watched survey shows that business confidence in Germany, Europe's biggest economy, has unexpectedly risen to a six-year high. The Ifo institute said Monday that its monthly confidence index rose to 112.3 points in March from 111.1 last month. The Ifo institute, which surveys some 7,000 companies for its monthly index, said the survey hit its...

  • BERLIN, March 27- German business morale brightened unexpectedly in March, a survey showed on Monday, suggesting company executives in Europe's largest economy are brushing off concerns about the threat of rising protectionism. The Munich- based Ifo economic institute said its business climate index, based on a monthly survey of some 7,000 firms, rose to 112.3...