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  • *UK will do better out of EU- CEO. STUTTGART, Germany, Sept 30- Germany's HeidelbergCement is seeing strong business in the UK and is more worried about the economic effects if Donald Trump wins the U.S. presidential election than it is about Brexit, its chief executive said on Friday. Britain is the company's second biggest market and CEO Bernd Scheifele told...

  • *OPEC to agree production cut details at November meeting. LONDON, Sept 30- Oil prices fell on Friday on a stronger dollar and as investors cashed in on a 6- percent rise in just one day after OPEC members agreed to reduce output for the first time in eight years to stifle a two-year price slide. Global benchmark Brent crude futures were down $1.03 at $48.21 a barrel by...

  • PARIS, Sept 30- Renault said on Friday it had signed a deal to enter into a new joint venture in Iran that would allow it to strengthen its presence in the country after most trade sanctions were lifted earlier this year. Renault CEO Carlos Ghosn said there was "undeniable" potential in the Iran market. Peugeot, which is seeking to reclaim the leading position it once...

  • PARIS— Renault has reached a deal with Iran's government to open a plant making at least 150,000 vehicles a year, as European companies race for a share of Iran's market now that international sanctions have been lifted. The plant in a Tehran suburb will produce Duster and Symbol cars starting in 2018. Renault will be majority shareholder, and have its own...

  • BERLIN, Sept 30- Chancellor Angela Merkel and U.S. President Barack Obama did not discuss U.S. authorities' demands for Deutsche Bank to pay a fine of up to $14 billion during a phone call on Thursday, a German spokeswoman said on Friday. "The conversation with Obama concerned Ukraine and Syria, and was not about other issues," the spokeswoman told a regular government...

  • FRANKFURT/ LONDON, Sept 30- Deutsche Bank's chief executive sought to reassure his staff on Friday that Germany's largest lender remained robust, telling them that the departure of any hedge fund clients was small compared to the bank's vast customer base. Chief Executive John Cryan's letter, seen by Reuters, addresses reports of the departure of "some few" hedge...

  • BUDAPEST, Sept 30- Central European assets declined on Friday due to concerns over Deutsche Bank, a fall of oil prices and a referendum in Hungary about the EU's migrant quotas due on Sunday. Prague's stock index led regional losses. It fell 1.5 percent by 0830 GMT, touching an 11- day low, driven by 5 percent fall of Moneta Bank and 2.1 percent decline of Erste Bank.

  • *OPEC to agree production cut details at November meeting. LONDON, Sept 30- Oil prices fell on Friday as investors cashed in on a 6- percent rise in just one day after OPEC members agreed to reduce output for the first time in eight years to stifle a two-year price slide. Global benchmark Brent crude futures were down 75 cents at $48.49 a barrel by 0814 GMT, but still...

  • BERLIN— Worries over the financial stability of Deutsche Bank returned to the fore Friday, sending shares in Germany's biggest bank to a record low and rekindling broader concerns about Europe's financial sector. Deutsche Bank has been a growing concern for investors since U.S. authorities two weeks ago said they are seeking $14 billion from the bank to...

  • BERLIN, Sept 29- Deutsche Bank shares were indicated down 6.2 percent ahead of the opening of the Frankfurt market on Friday, after Germany's largest lender admitted it had an image problem with investors as fresh concerns over its stability emerged. The lurch followed a Bloomberg report on Thursday that a number of hedge funds that clear derivatives trades...

  • FRANKFURT/ SAN FRANCISCO, Sept 29- A Tesla Motors Inc car operating under Autopilot collided with a bus in northern Germany, but the electric car maker said a collision was unavoidable because the bus swerved into the vehicle's lane. It has been the focus of intense scrutiny since it was revealed in July that a Tesla Model S driver was killed while using the...

  • FRIDAY, SEPTEMBER 30 DALLAS, United States- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated Q&A session before the Stemmons Corridor Business Association 35th Annual Meeting- 1700 GMT. Treasury Secretary Lawrence Summers speak at a seminar, hosted by the Bank of Japan and the Bank of Canada, on financial and price stability-...

  • *Skoda to sell cars in Iran, S. Korea, Singapore from 2017. PARIS, Sept 30- Volkswagen's Czech division Skoda said it will assess the possibility of building cars in the United States as it considers selling in the world's second largest auto market where its parent continues to grapple with an emissions scandal. Skoda, Volkswagen's mass-market brand, will start...

  • Sept 29- NXP Semiconductors NV is exploring selling itself to Qualcomm Inc in a deal that could be valued at more than $30 billion, two sources familiar with the matter said on Thursday. An agreement with Qualcomm could be struck in the next two to three months, according to the Wall Street Journal, which first reported news of the talks. Representatives for...

  • Sept 29- Qualcomm Inc is in talks to buy NXP Semiconductors NV in a deal that could be valued at more than $30 billion, two sources familiar with the matter said on Thursday, which would help diversify Qualcomm's business and make it a bigger supplier to the automotive industry. Representatives for Netherlands- based NXP and San Diego- based Qualcomm declined to...

  • FRANKFURT/ SAN FRANCISCO, Sept 29- A Tesla Motors Inc car operating under Autopilot collided with a bus in northern Germany, but the electric car maker said a collision was unavoidable because the bus swerved into the vehicle's lane. It has been the focus of intense scrutiny since it was revealed in July that a Tesla Model S driver was killed while using the...

  • BERLIN, Sept 29- Deutsche Bank admitted on Thursday it had an image problem with investors as fresh concerns over the stability of Germany's largest lender pushed its U.S.-listed shares to a record low. The latest lurch came after Bloomberg reported that a number of hedge funds that clear derivatives trades with Deutsche had withdrawn some excess cash and...

  • *Adj profit $1.40/ shr vs. est. *Full-year adj. profit forecast raised to $4.78/ shr from $4.71. Sept 29- PepsiCo Inc reported better-than-expected quarterly net revenue and profit on Thursday, helped by higher demand in North America for its lineup of beverages and snacks with fewer calories and more natural ingredients.

  • BERLIN, Sept 29- Deutsche Bank admitted on Thursday it had an image problem with investors as fresh concerns over the stability of Germany's largest lender pushed its U.S.-listed shares to a record low. The latest lurch came after Bloomberg reported that a number of hedge funds that clear derivatives trades with Deutsche had withdrawn some excess cash and...

  • Sept 29- Chipmaker Qualcomm Inc is in talks to buy NXP Semiconductors NV in a deal that could be valued at more than $30 billion, the Wall Street Journal reported on Thursday. Netherlands- based NXP and San Diego- based Qualcomm said separately that they did not comment on rumors or speculation. NXP shares rose 16.9 percent to close at $96.12 on Thursday, while...