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  • MOSCOW— Brazilian President Michel Temer says he has built warm ties with Russian counterpart Vladimir Putin. He said that Russia and Brazil agreed to expand their cooperation in space research, and noted that weapons deals were also discussed. According to Temer, Brazil also hopes to expand its food exports to Russia.

  • LONDON, June 22- A network of dummy online stores offering household goods has been used as a front for internet gambling payments, a Reuters examination has found. The seven sites, operated out of Europe, purport to sell items including fabric, DVD cases, maps, gift wrap, mechanical tape, pin badges and flags. In fact, they are fake outlets, part of a multinational system...

  • BRUSSELS— The Latest on the European Union summit:. Merkel said at the end of the first day of a two-day EU leaders summit that British Prime Minister Theresa May "said clearly" to her peers that EU citizens who have been living in the U.K. that long "will be able to hold on to full rights" once Britain leaves the bloc. The 27 European Union nations that will still be part of...

  • LONDON, June 22- Oil slid back towards multi-month lows on Thursday, after a brief recovery early in the session, as traders warily eyed a glut of physical supply that has persisted despite OPEC- led efforts to balance the market. Brent crude futures were down 15 cents at $44.67 a barrel at 0850 GMT, after spending much of the Asian trading day in positive territory.

  • PARIS— French President Emmanuel Macron's new government presented a security bill Thursday to beef up police powers amid extremist threats to Europe. His government is seeking to extend France's existing state of emergency through Nov. 1, the time it will take the new security bill to pass through parliament. It would be the sixth extension of the measure...

  • *Anxiety in New Delhi that India has lost diplomatic ground. NEW DELHI/ WASHINGTON, June 22- India is pushing for U.S. approval of its request to buy a naval variant of the Predator drone, officials said, as Prime Minister Narendra Modi tries to revitalise relations with Washington when he meets President Donald Trump for the first time. Trump met Chinese President...

  • BRUSSELS— British Prime Minister Theresa May promised Thursday that EU citizens will not be immediately kicked out of Britain when it leaves the union and says their fate will be a top priority in Brexit negotiations— prompting guarded praise from other EU leaders at a tense time for the continent. May laid out benchmarks for the rights of 3 million EU citizens...

  • **LONDON- Kristin Forbes, an external member of the Bank's Monetary Policy Committee, gives speech at the London Business School- 1800 GMT. **LONDON- Chris Salmon, Executive Director, Markets, Bank of England, gives opening remarks at the City Mental Health Alliance Graduate Wellbeing in the City event- 1200 GMT. WASHINGTON- Federal Reserve Board Governor Jerome...

  • **LONDON- Kristin Forbes, an external member of the Bank's Monetary Policy Committee, gives speech at the London Business School- 1800 GMT. **LONDON- Chris Salmon, Executive Director, Markets, Bank of England, gives opening remarks at the City Mental Health Alliance Graduate Wellbeing in the City event- 1200 GMT. WASHINGTON- Federal Reserve Board Governor Jerome...

  • MOSCOW/WASHINGTON, June 21- Angered by expanded U.S. sanctions, Russia on Wednesday cancelled a high-level meeting between Russian Deputy Foreign Minister Sergei Ryabkov and U.S. Moscow said it was obliged to cancel the diplomatic meeting after the U.S. government on Tuesday added 38 individuals and organizations to its list of those sanctioned over...

  • *Buyout funds, India's Bajaj Auto also seen preparing bids. LONDON, June 21- U.S. motorcycle maker Harley-Davidson is lining up a takeover bid for Italian rival Ducati, potentially bringing together two of the most famous names in motorcycling in a deal that could be worth up to 1.5 billion euros, sources told Reuters. Based in the northern Italian city of Bologna,...

  • BERLIN, June 21- The German parliament's budget committee on Wednesday postponed a decision on a 1- billion-euro funding package for the military, including a deal to lease Israeli-made armed drones, sources told Reuters. Christine Lambrecht, a lawmaker from the centre-left Social Democratic Party, had earlier said that the budget committee would delay a...

  • *Chinese investment in EU surged in 2016; flows to China fell. Berlin, Paris and Rome are upset that the European Commission, the bloc's competition regulator, approved China's purchase of Syngenta, Beijing's biggest overseas sale to date, at a time when China maintains restrictions on foreign investment. Chinese direct investment in the European Union jumped...

  • LONDON, June 21- The Bank of England moved closer to ending its decade-long emergency support for Britain's economy on Wednesday when its chief economist, Andy Haldane, said he was likely to vote for an interest rate hike this year. The surprisingly hawkish tone of Haldane in a speech added new uncertainty about monetary policy at a time when Prime Minister...

  • BERLIN, June 21- The German parliament's budget committee on Wednesday postponed a decision on a 1- billion-euro funding package for the military, including a deal to lease Israeli-made armed drones, sources told Reuters. The Defence Ministry had warned against delays, saying the acquisition requests were urgently needed to modernise an army weakened by...

  • *LME tin stocks and spreads: http://tmsnrt.rs/2sSZHxK. LONDON, June 21- The great tin wall of China is about to come crashing down. Even China's producers didn't see the change coming.

  • LONDON, June 21- U.S. motorcycle maker Harley-Davidson is lining up a takeover bid for Italian rival Ducati, potentially bringing together two of the most famous names in motorcycling in a deal that could be worth up to 1.5 billion euros, sources told Reuters. Based in the northern Italian city of Bologna, Ducati is on the wish list of private equity funds KKR, Bain...

  • LONDON— Oil prices fell further Wednesday, with the international benchmark for crude sliding below $45 a barrel. The recent drop in price indicates that efforts by OPEC and 10 other oil-producing countries to cut their production to reduce a supply glut and push prices higher are falling short. While Russia, Saudi Arabia and other nations involved in the deal...

  • *Asia, Europe shares stumble as energy, bank stocks fall. Signs of a growing glut of supply sent Brent crude futures skidding back to $45.50 a barrel before talk of more OPEC cuts halted the slide and steadied government debt yields and Wall Street futures prices. Poorly performing banking stocks continued to hold down Europe's main markets in London, Paris and...

  • PARIS/ SYDNEY, June 21- U.S. and European wheat futures fell on Wednesday, easing back from their highest in close to a year as traders assessed the extent to which hot, dry weather would dent a global market laden with record inventories. Wheat markets have been fired up in the past week by deteriorating conditions for U.S. spring wheat in the parched northern Plains...