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  • *Producers to establish compliance mechanism at meeting- OPEC. A weekend meeting in Vienna of members of the Organization of the Petroleum Exporting Countries and some producers outside of the group, including Russia, will establish a compliance mechanism to verify producers are sticking to a deal to reduce output by 1.8 million barrels per day, OPEC's...

  • NEW YORK, Jan 20- Market uncertainty ahead of the inauguration of U.S. President-elect Donald Trump kept the dollar muted in choppy trading on Friday after a volatile week that underlined the growing uncertainty over how Trump will govern. "Everybody's waiting for Trump," said Charles St-Arnaud, senior strategist and economist at Nomura Securities...

  • NEW YORK, Jan 20- Market uncertainty ahead of the inauguration of U.S. President-elect Donald Trump kept the dollar muted in choppy trading on Friday after a volatile week that underlined the growing uncertainty over how Trump will govern. "Everybody's waiting for Trump," said Charles St-Arnaud, senior strategist and economist at Nomura Securities...

  • PARIS/ LONDON/ MILAN, Jan 20- French media group Vivendi could resume talks with Mediaset but only if the Italian broadcaster drops legal action against it, several sources said on Friday. The focus of any talks would have to be determined, they told Reuters, but would involve Mediaset's Premium TV unit and possibly other assets of the Italian group controlled by...

  • DAVOS, Switzerland, Jan 20- The world should be wary of stumbling into trade wars that would destroy jobs, World Trade Organization Director-General Roberto Azevedo said on Friday. Azevedo was speaking at the World Economic Forum in Switzerland, hours before the presidential inauguration of Donald Trump, who has promised sweeping changes in trade policy with...

  • DAVOS, Switzerland, Jan 20- India's biggest lender by assets, State Bank of India, could tap capital markets next fiscal year to raise up to $1.5 billion, its chief said on Friday, though it first needs to complete a planned merger with its subsidiary banks. In an interview with Reuters on the sidelines of the World Economic Forum in Davos, Arundhati Bhattacharya also...

  • BERLIN, Jan 20- The United States must stick to international agreements under the presidency of Donald Trump, German Finance Minister Wolfgang Schaeuble said on Friday, adding he did not expect a major trade war despite Trump's attack on German car makers. Nearly 61 percent of Germans fear relations between Germany and the United States will suffer under...

  • *Japan economy to achieve sustainable growth- Kuroda. DAVOS, Switzerland, Jan 20- Bank of Japan Governor Haruhiko Kuroda said on Friday the prospects of faster U.S. growth may push up the dollar, and he offered an upbeat view on the world economy, dismissing concerns that protectionism could spread and undermine global trade. He said Japan's economy was likely to...

  • *Producers to establish compliance mechanism at meeting- OPEC. "Prices were pushed down a bit too far and hopes will rise that the OPEC/ non- OPEC meeting this weekend will show that these producers actually give some proof that they cut production," said Hans van Cleef, senior energy economist at ABN Amro. A weekend meeting in Vienna of members of the Organization of...

  • DAVOS, Switzerland, Jan 20- A strengthening dollar and a "race to the bottom" on taxes, deregulation and trade policy are the major risks to an otherwise brightening global economy, financial leaders said on the final day of the World Economic Forum in Davos. Asked about "black swans," or unexpected, disruptive events, that could derail the outlook in 2017,...

  • DAVOS, Switzerland, Jan 20- The world should be wary of creating a crisis amid talk of trade wars, World Trade Organization chief Roberto Azevedo said after a meeting of trade ministers at the World Economic Forum in Davos on Friday. "I've heard a lot in Davos about trade wars. That would destroy jobs, not create jobs, "he said, after the meeting attended by 29 WTO members.

  • LONDON, Jan 20- HSBC has begun cutting around 100 senior jobs in its investment banking division worldwide this week, according to sources with direct knowledge of the matter. The latest round of cuts comes as HSBC bankers in its London headquarters face uncertainty as the lender prepares for expected disruption caused by Britain's exit from the European...

  • DAVOS, Switzerland, Jan 20- Bank of Japan Governor Haruhiko Kuroda said on Friday U.S. economic growth and inflation may accelerate in coming years, which may push up interest rates and the value of the dollar. "The U.S. economy is likely to accelerate growth this year and next year, and price inflation may somewhat rise. All of may make interest rates rise and the...

  • DAVOS, Switzerland, Jan 20- Nissan will review the case for future investment in Britain when the terms of the country's departure from the European Union finally become clear, the Japanese carmaker's Chief Executive Carlos Ghosn said on Friday. Nissan said in October it was going ahead with plans to build the next X-Trail and Qashqai SUVs at its plant in...

  • DAVOS, Switzerland, Jan 20- U.S. bankers, buoyed by a resurgence in profits, are advising their counterparts in Europe to think positively about the new administration of U.S. At the annual gathering of the world's political and business elites in the Swiss resort of Davos, U.S. financiers told investors and overseas' rivals to focus less on Trump's...

  • *Market assessing extent of flood damage in Argentina. PARIS/ SINGAPORE, Jan 20- Chicago soybeans slid for a second session on Friday as a firm dollar encouraged consolidation below this week's six-month high while traders assessed the extent of rain damage to crops in Argentina. The most active Chicago Board Of Trade soybean contract was down 0.8 percent at...

  • LONDON, Jan 20- The dollar edged higher on Friday, steadying after a volatile week that underlined the growing uncertainty over how Donald Trump will behave after his inauguration as U.S. It turned around early losses to inch up 0.2 percent on the day in morning trade in Europe and stand unchanged for the week. "What is clear is that the risks from Trump are not as...

  • BERLIN, Jan 20- The United States must stick to international agreements under the presidency of Donald Trump, German Finance Minister Wolfgang Schaeuble said on Friday, adding that he did not expect a major trade war despite Trump's attack on German car makers. "The United States also signed international agreements," Schaeuble told magazine Der Spiegel.

  • *China is key engine for global oil demand growth. *Trump promised to confront China, boost oil independence. DAVOS, Switzerland, Jan 20- Oil executives and Middle East producers are concerned that trade tensions between the United States and China risk clouding the outlook for global energy demand growth and a recovery in the price of oil.

  • *Producers to establish compliance mechanism at meeting- OPEC. "Prices were pushed down a bit too far and hopes will rise that the OPEC/ non- OPEC meeting this weekend will show that these producers actually give some proof that they cut production," said Hans van Cleef, senior energy economist at ABN Amro. A weekend meeting in Vienna of members of the Organization of...