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  • MUMBAI, July 28- India is looking to import pulses from Myanmar and African nations to counter a domestic shortfall of 7.6 million tonnes that has driven local prices of key pulses like chickpea to a record high, Food Minister Ram Vilas Paswan said. More purchases by India, the world's top consumer of pulses, could help the country rein in its headline inflation,...

  • LONDON, July 28- British travel company Thomas Cook cut its full-year profit target on Thursday as the Brexit-induced collapse in the pound, attacks in Europe and a failed coup in Turkey forced customers to cancel holidays. Thomas Cook, which has been particularly affected by the problems in the previously popular destination of Turkey, said it expected to...

  • UPDATE 1-SoftBank Q1 profit flat, signs of sharp Sprint recovery seen.

  • July 28- Boeing Co could end production of the iconic 747 aircraft as the world's biggest plane maker fights falling orders and pricing pressure on the plane, according to a regulatory filing on Wednesday. Production rate on the 747, which was at 1.5 per month in June 2015, has gradually dropped to 1 a month in July 2016, signaling bad news for the jet's future plan.

  • *Profits at Japan telecoms business offset Sprint losses. TOKYO, July 28- SoftBank Group Corp reported flat first-quarter operating profit as solid earnings for its domestic telecommunications business offset losses at U.S. unit Sprint Corp.. The Japanese telecoms and internet conglomerate, which this month said it would buy UK chip designer ARM for $32...

  • PARIS, July 28- Europe's largest retailer Carrefour said underlying operating profit rose 5.3 percent in the first half while sales growth slowed in the second quarter, reflecting challenging conditions in its core French market and losses in China. Elsewhere in Europe, however, the group's turnaround continued to take hold, Brazilian operations stayed...

  • LONDON, July 28- BAE Systems, the world's third-largest defence contractor by revenue, reported slightly higher half-year earnings and said it was on track to meet its forecast for 2016 earnings to rise by between 5 percent and 10 percent. The British-based company posted underlying earnings per share of 17.4 pence for the six months ended June 30, in line with a...

  • LONDON, July 28- European pay-TV group Sky reported a 12 percent rise in full-year adjusted operating profit on Thursday, just ahead of forecasts, in what it said was another excellent year for the group. Sky, in which Rupert Murdoch's Twenty-First Century Fox owns 39 percent, has been adapting its business in recent quarters, seeking to earn more money from...

  • KEEPING SCORE: Japan's benchmark Nikkei 225 index lost 1.1 percent to 16,476.84 and South Korea's Kospi slipped 0.2 percent to 2,020.86. Benchmarks in New Zealand, Taiwan and Thailand edged higher while in Indonesia and the Philippines they fell. JAPAN IN FOCUS: Investors are now hoping for fresh stimulus efforts from the Bank of Japan, which is expected to vote...

  • TOKYO, July 28- Japan's Nikkei share average fell on Thursday as the market took a breather after the yen strengthened, while most investors stayed cautious awaiting decisions from the two-day Bank Of Japan policy meeting ending Friday. The Nikkei dropped 1.1 percent to 16,476.84. The broader Topix shed 1.1 percent to 1,307.00, and the JPX-Nikkei Index 400 also...

  • LONDON, July 28- British engineering company Rolls-Royce posted an 80 percent drop in first-half profit- ahead of expectations- and stuck to guidance that its profit performance would recover in the second-half of the year. Rolls-Royce, in turnaround mode after warning last year that 2016 profit would halve, reported an underlying pretax profit of 104 million...

  • LONDON, July 28- British travel company Thomas Cook cut its full-year profit target on Thursday as the Brexit-induced collapse in the pound, attacks in Europe and a failed coup in Turkey forced customers to cancel holidays. Travel groups such as Thomas Cook and TUI and airlines including easyJet, Air France-KLM and Lufthansa have all been hit by the recent...

  • TOKYO, July 28- The Japanese government is planning direct fiscal spending of around 7 trillion yen to help fund an economic stimulus package totalling more than 28 trillion yen, two people briefed on the matter told Reuters on Thursday. The total package, to be approved by Prime Minister Shinzo Abe's cabinet next Tuesday, also includes 6 trillion yen for a fiscal...

  • TOKYO, July 28- SoftBank Group Corp reported a 0.2 percent increase in first-quarter operating profit as solid profits in its domestic telecommunications business offset losses at U.S. unit Sprint Corp.. SoftBank, which owns more than 80 percent of the U.S. wireless carrier, said April-June operating profit increased to 319.24 billion yen from 318.56 billion...

  • LONDON, July 28- Britain's biggest telecoms group BT reiterated its outlook for the full-year after strong demand for broadband helped it to report better-than-expected first-quarter core earnings. BT reported earnings before interest, tax, depreciation and amortization of 1.82 billion pounds in the three months to the end of June, compared with a...

  • The most recent effort to boost the price of the commodity mainly used for vehicle tires came in February, with a promise from top producers Thailand, Indonesia and Malaysia to cut exports by a total of 615,000 tonnes for six months from March. The main rubber contract in Japan lifted from 147.1 yen a kilogram on Feb. 10 to a closing high of 202.2 yen by April 21, a gain...

  • *Ireland is only English-speaking center with EU future. While France has begun courting bankers with new tax breaks for expatriates and Frankfurt, Amsterdam and Luxembourg are also making pitches, Ireland is presenting itself as the only English-speaking country that offers a base in the euro zone and a future in the EU. Ireland is already one of the world's...

  • TOKYO, July 28- Short-term Japanese government bond yields rose on Thursday after results of a two-year note auction were surprisingly weak, making investors even more nervous ahead of a Bank of Japan policy decision on Friday. The two-year JGB yield rose 2.5 basis points to minus 0.345 percent after the auction of 2.3 trillion yen two-year JGBs.

  • SEOUL, July 28- South Korea's government plans to expand tax benefits for research and development of robotics and other technologies as it seeks out industries that could become new economic growth engines. The Park Geun-hye administration has also been increasingly looking to technological developments and the service sector to provide a new growth...

  • GENEVA— Credit Suisse says second-quarter net profit plunged 84 percent as the Swiss bank pressed on with a restructuring and revaluation of its investment banking portfolio. Net income was 170 million Swiss francs, compared to analysts' expectations for a loss of 201 million francs and versus a profit of 1.05 billion francs a year earlier.