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Wires

  • LONDON, April 27- U.S. refineries processed a record volume of crude last week, making a small dent in the countrys bloated crude stocks but resulting in a big build-up of refined product inventories. U.S. refineries have ramped up crude processing by 1 million barrels per day over the last four weeks and 2 million bpd over the last nine weeks, according to the U.S....

  • PARIS, April 27- Voting intentions for centrist French presidential candidate Emmanuel Macron have slipped below 60 percent for the first time since March 17 ahead of the May 7 runoff, according to the daily Presitrack poll produced by pollsters Opinionway. Presitrack said in its survey on Thursday that 59 percent of votes would be cast for the long-time...

  • LONDON, April 27- The London Metal Exchange's battle to reverse sliding volumes ramped up this week with a paper that sets out ways to change the structure of the market to attract fund investors. Matt Chamberlain, the exchange's new chief executive, is hoping to do that without compromising the volumes and revenues of its traditional broking members, some of...

  • *QE extended by 15 bln SEK into H2 2017. STOCKHOLM, April 27- In a surprise move, Sweden's central bank extended its bond buying programme on Thursday and slightly delayed future rate hikes despite strong domestic growth and cautious optimism about global economy activity. The six-person policymaking board was split down the middle over whether to add more...

  • *Airbus maintains 2017 financial guidance. PARIS, April 27- Core profit at Airbus more than halved in the first quarter as it cut prices of old models and delays at an engine maker hampered deliveries of its profitable new A320neo jet. Airbus Finance Director Harald Wilhelm took aim at U.S. supplier Pratt& Whitney over engine delays that forced it to deliver fewer...

  • PARIS, April 27- Iraq will go with the consensus reached by OPEC when the oil exporter group meets in Vienna next month to discuss extending production cuts, the country's oil minister said on Thursday. Iraq, the second-largest producer in the Organization of the Petroleum Exporting Countries, was in full compliance with the OPEC- led supply pact reached last...

  • DUBLIN _ Allegion PLC on Thursday reported first-quarter profit of $68.4 million. Allegion expects full-year earnings in the range of $3.60 to $3.75 per share. Allegion shares have increased 25 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed almost 7 percent.

  • LONDON, April 27- The Turkish lira rallied to four-month highs on Thursday after a surprise policy tightening decision reassured investors about the central bank's resolve on inflation, while Mexico's peso rose after U.S. comments on the NAFTA trade deal. "The move was surprising in the sense as it came at a time of relative stability in the lira given that the...

  • *Hygiene ops Q1 adj EBIT 2.90 bln SEK vs consensus 2.85 bln. STOCKHOLM, April 27- SCA will list its hygiene operations in June, the Swedish company said on Thursday, as it pursues a plan to split the business from forest products. Europe's largest private forest owner has grown the hygiene business, which produces tissues and nappies as well as incontinence and...

  • LONDON, April 27- European shares retreated from 20- month highs on Thursday with financials and commodity-related stocks the main drag on the benchmark index. France's CAC 40 also fell 0.5 percent, just off Wednesday's nine-year high. Of the 20 percent of companies having reported so far, 70 percent had beaten estimates while 19 percent had missed, Thomson...

  • LONDON, April 27- Sterling rose around half a percent to 7- month highs above $1.29 on Thursday, helped by a broader softening of the dollar and polls showing Prime Minister Theresa May on course for a landslide in the early election she has called for June. By 0930 GMT it had risen 0.4 percent to $1.2898, having hit a high of $1.2917 in early trade in London.

  • MADRID _ Banco Bilbao Vizcaya Argentaria, S.A. on Thursday reported first-quarter profit of $1.28 billion. The Madrid- based bank said it had earnings of 18 cents per share. Access a Zacks stock report on BBVA at https://www.zacks.com/ap/BBVA.

  • SYDNEY- Reserve Bank of Australia Governor Philip Lowe gives a speech at the Renminbi Global Cities Dialogue Dinner. MOSCOW- Central Bank of Russia announces its interest rate decision- 1030 GMT. YOKOHAMA, Japan Bank of Japan Governor Haruhiko Kuroda, Asian Development Bank President Takehiko Nakao will speak at Global Think Tank Summit ahead of ADB's annual...

  • *Dividend 0.62 euro per share. PARIS, April 27- French energy company Total gave the go-ahead on Thursday to develop its first major project since 2014 after reporting a sharp rise in quarterly profit that underscored its drive to cut costs throughout the oil price downturn. Total, France's largest company, kickstarted the sector's first-quarter earnings...

  • BRUSSELS— The 27 European Union nations head into two years of divorce negotiations with Britain as a solid bloc and say little still needs to be agreed in tough guidelines for their Brexit negotiators which are to be approved at Saturday's summit. The EU's chief negotiator, Michel Barnier, said "we are ready, we are ready" as he entered the meeting in Luxembourg.

  • OSASCO, Brazil _ Banco Bradesco SA on Thursday reported first-quarter profit of $1.3 billion. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share. Banco Bradesco shares have increased 18 percent since the beginning of the year.

  • *Hungary's loose monetary policy support its bond market. BUDAPEST, April 27- Hungarian government bonds firmed ahead of an auction on Thursday, bucking a rise in debt yields across the European Union, supported by the Hungarian central bank's loose policy. European yields mostly rose slightly after sources close to the European Central Bank's Governing...

  • *OPEC expected to extend production cuts deal. OPEC is discussing extending its cuts into the second half of the year, but the group has an uphill task as oil inventories are near record levels in many parts of the world. "It is clear that the world has plenty of oil in stock, making OPEC's life that much harder," said Jeffrey Halley, senior market analyst at futures...

  • *OPEC expected to extend production cuts deal. OPEC is discussing extending its cuts into the second half of the year, but the group has an uphill task as oil inventories are near record levels in many parts of the world. "It is clear that the world has plenty of oil in stock, making OPEC's life that much harder," said Jeffrey Halley, senior market analyst at futures...

  • *Canada dlr, Mexican peso rebound after Trump NAFTA comments. LONDON, April 27- A record-setting rally in world stocks ran out of steam on Thursday, with unconvincing U.S. tax cut plans cooling investors' spirits and caution setting in as the European Central Bank met. Europe's main bourses were as much as 0.7 percent lower as traders pulled back after six days of...