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  • DAVOS, Switzerland, Jan 20- Open markets and global trade have been blamed for job losses over the last decade, but global CEOs say the real culprits are increasingly machines. And while business leaders gathered at the annual World Economic Forum in Davos relish the productivity gains technology can bring, they warned this week that the collateral damage to...

  • SAN FRANCISCO, United States- San Francisco Fed President John Williams to closing remarks before the Bay Area Council 10th Annual Economic Forecast event- 1800 GMT. TOKYO- Bank of Japan Deputy Governor Hiroshi Nakaso to attend a meeting of the International Bankers Association of Japan. SOMERSET, United States- Philadelphia Fed President Patrick Harker...

  • SAN FRANCISCO, United States- San Francisco Fed President John Williams to closing remarks before the Bay Area Council 10th Annual Economic Forecast event- 1800 GMT. TOKYO- Bank of Japan Deputy Governor Hiroshi Nakaso to attend a meeting of the International Bankers Association of Japan. SOMERSET, United States- Philadelphia Fed President Patrick Harker...

  • NEW YORK— Billionaire investor George Soros said Thursday he views President-elect Donald Trump as an "impostor and con man and a would-be dictator" who will rattle financial markets. Soros, a big supporter of Hillary Clinton's failed presidential campaign, said he is confident Trump will be checked by Congress and the Constitution. Soros made the comments at...

  • Jan 19- The billionaire investor George Soros said on Thursday that global markets will falter given the uncertainty of incoming U.S. "Right now uncertainty is at the peak," Soros told Bloomberg News at his annual media dinner held at the World Economic Forum in Davos, Switzerland. Soros, who founded Soros Fund Management LLC and now is chairman of the New York- based...

  • "Right now uncertainty is at the peak, and actually uncertainty is the enemy of long-term investment, so I don't think the markets are going to do very well," Soros told Bloomberg News at his annual media dinner held at the World Economic Forum in Davos, Switzerland. Stocks in the United States shot up after Trump's Nov. 8 election victory, which also gave his...

  • *Rising U.S. shale output to balance OPEC, non- OPEC cuts. NEW YORK, Jan 19- Oil prices edged higher on Thursday, but swelling U.S. crude stockpiles limited the rebound from a one-week low after the International Energy Agency said oil markets had been tightening even before cuts agreed by OPEC and other producers took effect. The IEA said that while it was "far too soon"...

  • "Right now uncertainty is at the peak and actually uncertainty is the enemy of long-term investment so I don't think the markets are going to do very well," Soros told Bloomberg News at a dinner at the World Economic Forum in Davos, Switzerland.

  • PARIS— French authorities have launched an investigation of cement company Lafarge, which is suspected of illegal activities in Syria after the European Union imposed sanctions against the country in 2012.. The Paris prosecutor's office said Thursday the probe was opened in October after the French Ministry of Economy and Finance filed a complaint...

  • WASHINGTON, Jan 19- Rick Perry, President-elect Donald Trump's pick to run the U.S. Energy Department, said during a Senate confirmation hearing on Thursday that global warming caused by humans is real, but that efforts to combat it should not cost American jobs. The comment marks a shift for the former Texas governor, who had previously called the science behind...

  • DAVOS, Jan 19- Top bankers are confident that British Prime Minister Theresa May's government will support a transition period of several years for the financial sector to cope with Britain's exit from the European Union. May met the heads of major U.S. financial firms at the World Economic Forum in Davos on Thursday to discuss their concerns.

  • *Rising U.S. shale output to balance OPEC, non- OPEC cuts. NEW YORK, Jan 19- Oil prices edged higher on Thursday, but swelling U.S. crude stockpiles limited the rebound from a one-week low after the International Energy Agency said oil markets had been tightening even before cuts agreed by OPEC and other producers took effect. The IEA said that while it was "far too soon"...

  • WASHINGTON, Jan 19- Rick Perry, President-elect Donald Trump's pick to run the U.S. Energy Department, said during his Senate confirmation hearing on Thursday that global warming caused by humans is real, but that efforts to combat it should not cost American jobs. The comment marks a shift for the former Texas governor who had previously called the science...

  • *Rising U.S. shale output to balance OPEC, non- OPEC cuts. NEW YORK, Jan 19- Oil prices rose on Thursday, but swelling crude stockpiles in the United States limited the rebound from a one-week low after the International Energy Agency said oil markets had been tightening even before cuts agreed by OPEC and other producers took effect. The IEA said that while it was "far...

  • WASHINGTON, Jan 19- Rick Perry, President-elect Donald Trump's pick to run the U.S. Energy Department, said during his Senate confirmation hearing on Thursday that global warming caused by humans is real, but that efforts to combat it should not cost American jobs. The comment marks a shift for the former Texas governor who had previously called the science...

  • *Finance minister repeats UK will need to stay competitive. *PM May speaks at Davos, says wants ambitious trade deal. LONDON, Jan 11- The pound took advantage of a cautious-sounding European Central Bank head Mario Draghi on Thursday to hit a 10- day high against the euro, and stabilised against the dollar after a rollercoaster few days of Brexit-related swings.

  • BRASILIA, Jan 19- Brazil's inflation rate slowed more than expected in mid-January, falling below 6 percent for the first time in nearly three years and reinforcing market bets on steep interest rate cuts by the central bank. "Inflation is slowing down in general, not only at a single group," said Carlos Lopes, an economist with Banco Votorantim.

  • DAVOS, Switzerland, Jan 19- Bank of Japan Governor Haruhiko Kuroda said on Thursday he would closely watch what policies U.S. Speaking to reporters at the World Economic Forum in Davos, Kuroda said tax cuts and infrastructure investment in the United States would boost the growth of the world's largest economy, contributing to the global economy.

  • FRANKFURT, Jan 19- The European Central Bank stuck to its super-easy monetary policy on Thursday, telling those calling for a tightening- like economic powerhouse Germany- to be patient as the bloc slowly regains its economic health. Having already bought 1.5 trillion euros worth of assets and cut rates deep into negative territory, the bank often tests the...

  • DAVOS, Switzerland, Jan 19- Bank of Japan Governor Haruhiko Kuroda said on Thursday he would closely watch what policies U.S. Speaking to reporters at the World Economic Forum in Davos, Kuroda said tax cuts and infrastructure investment in the United States would boost the growth of the world's largest economy, contributing to the global economy.