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Wires

  • *Loonie touches its strongest since Oct. 19 at C $1.3106. TORONTO, Dec 13- The Canadian dollar strengthened for the fifth straight day against its U.S. counterpart on Tuesday, posting a near eight-week high as higher oil prices offset expected monetary policy divergence between the U.S. and Canada. U.S. crude prices were up 0.66 percent at $53.18 a barrel, supported...

  • TORONTO, Dec 13- Canada's main stock index rose in early trade on Tuesday, boosted by gains among energy and financial stocks as oil prices rose and investors eye a U.S.

  • Dec 13- Wall Street opened higher on Tuesday, with the Dow and the S&P 500 hitting fresh record highs, as investors focused on the Federal Reserve's two-day meeting where it is widely expected to raise rates for the second time since the financial crisis. The Dow Jones Industrial Average rose 67.56 points, or 0.34 percent, to 19,863.99. The S&P 500 gained 7.82 points,...

  • Manila- based Rizal Commercial Banking Corp was responding to comments by a Bangladeshi investigator that some Bangladesh Bank officials deliberately exposed its computer systems and enabled hackers to steal the money from its account at the Federal Reserve Bank of New York. Bangladesh Bank had been demanding that RCBC compensate it for the loss, blaming...

  • EXXON MOBIL SAYS BOARD WILL BE MEETING SHORTLY REGARDING TRANSITION FOLLOWING CEO TILLERSON'S APPOINTMENT AS U.S.

  • PARIS/ SINGAPORE, Dec 13- Chicago wheat edged lower on Tuesday, coming off an earlier two-week high as ample world supplies and investor caution before a U.S. interest rate decision tempered support from export hopes. The Chicago Board of Trade's most-active wheat contract had slid 0.6 percent to $4.15-3/ 4 a bushel by 1349 GMT, having earlier touched its highest...

  • PARIS, Dec 13- France's Vivendi does not plan at this stage to make an unsolicited bid for the whole of Mediaset, one source close to the matter said on Tuesday. "Vivendi prefers to go with a soft approach for now but if there is no way to discuss, we'll have to reassess at this point," the source said. The French media giant said on Monday it could buy as much as 20 percent of...

  • By Agnieszka Flak and Gwénaëlle Barzic. MILAN/ PARIS, Dec 13- French tycoon Vincent Bollore has raised the stakes in a battle of nerves with Silvio Berlusconi's Mediaset by saying Vivendi could buy up to a fifth of the Italian broadcaster, stirring talk of a hostile takeover bid. Vivendi, led by chairman and biggest shareholder Bollore, now owns 3 percent of...

  • Dec 13- Wall Street looked set to open higher on Tuesday, as investors keep a close watch of the Federal Reserve's two-day meeting where it is widely expected to raise interest rates for the second time since the financial crisis. A hike of 25 basis points in the Fed's target range of 0.25-0.50 percent is priced in, but investors will be examining the Fed's...

  • BEIRUT, Dec 13- European planemaker Airbus and IranAir will finalize a deal to buy aircraft in two weeks, the head of Iran's flag carrier said on Tuesday, adding Airbus has agreed to arrange financing for the first 17 planes. Uncertainty over financing of the deal and political opposition in the United States against Iran have slowed down Tehran's efforts to...

  • BEIRUT, Dec 13- European planemaker Airbus and IranAir will finalise a deal to buy aircraft in two weeks, the head of Iran's flag carrier said on Tuesday, adding Airbus has agreed to arrange financing for the first 17 planes. Uncertainty over financing of the deal and political opposition in the United States against Iran have slowed down Tehran's efforts to...

  • Tillerson's experience in diplomacy stems from making deals with foreign countries for Exxon, the world's largest energy company, although questions have been raised about his relations with Russia. Trump picked Tillerson, 64, after the Texan was backed by several Republican establishment figures, including former Secretary of State James Baker, former...

  • WASHINGTON, Dec 13- U.S. import prices recorded their biggest drop in nine months in November on declining petroleum costs, with renewed dollar strength threatening to keep imported inflation subdued. The Labor Department said on Tuesday import prices fell 0.3 percent last month after a downwardly revised 0.4 percent gain in October. In the 12 months through...

  • The discount- designed for patients who pay full retail prices at the pharmacy, such as those who are uninsured- is being put in place for products purchased on Blink Health mobile and web platforms, effective Jan. 1. That month, two prominent U.S. lawmakers called on federal antitrust regulators to probe whether Lilly, Sanofi SA, Merck& Co Inc and Novo Nordisk A/S...

  • BRUSSELS, Dec 13- The European Commission and the Canadian government appealed on Tuesday for other trading partners to join their planned investment court, which they see as the answer to a major criticism of global trade deals. Both invited some 200 trade officials from 42 countries including the United States, China, India, Mexico and Argentina and others in...

  • LISBON, Dec 13- China's Minsheng Financial Holding, U.S. funds Apollo and Centerbridge and private equity firm Lone Star are leading attempts to buy Portugal's Novo Banco, which was carved out of Banco Espirito Santo in 2014, four sources told Reuters. Minsheng has offered to buy a majority stake in Novo Banco, to be followed by an initial public offering of the...

  • *China posts strong retail and factory data. LONDON, Dec 13- Zinc and other base metals gained on Tuesday after strong retail and factory data in top metals consumer China though further rise in inventories capped copper's gains. China posted its strongest retail sales growth of the year in November and surging steel production lifted factory output.

  • WASHINGTON, Dec 13- U.S. import prices recorded their biggest drop in nine months in November on declining petroleum costs, with renewed dollar strength threatening to keep imported inflation subdued. The Labor Department said on Tuesday import prices fell 0.3 percent last month after a downwardly revised 0.4 percent gain in October. The dollar's surge...

  • Bird flu has spread across Europe in recent weeks, forcing some farmers to slaughter flocks or keep them indoors, with the threat taken particularly seriously in the Netherlands, where high farm density can help the virus to propagate. The world's second-largest agricultural exporter, the Netherlands has one of the world's biggest poultry sectors.

  • MILAN/ LONDON, Dec 13- Italy's largest bank, UniCredit, plans to raise 13 billion euros in the country's biggest-ever share issue to shore up its balance sheet and shield itself from a broader banking crisis. The plans announced on Tuesday, which also include 14,000 job cuts, come at a turbulent time for Italian banks and the economy- with Monte dei Paschi di Siena at...