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  • PARIS/ SYDNEY, July 28- Chicago wheat rose on Friday, buoyed by poor yields shown during a tour of weather-hit U.S. spring wheat belts, but prices still headed for a third straight weekly loss as U.S. crop troubles were set against ample global supplies. The most active wheat futures on the Chicago Board Of Trade were up 0.9 percent at $4.84 a bushel at the end of the...

  • ABUJA, July 28- Nigeria's Senate has withdrawn a report that largely exonerated South African mobile phone giant MTN of accusations of illegally repatriating $14 billion and that rebuked the Nigerian central bank for regulatory failures. The report, presented to the Senate on Thursday and reviewed by Reuters, was almost immediately sent back for further...

  • *Amazon falls after quarterly profit plunges. *Starbucks, Mattel lower after posting results. July 28- U.S. stock indexes opened lower on Friday as Amazon's profit miss spooked investors and dragged down shares of other technology companies.

  • MOSCOW, July 28- Russia delivered Siemens turbines to sanctions-hit Crimea after the German company declined to buy then back from Russia's Technopromexport, a TPE official said in statement. The delivery of the Siemens turbines to Crimea, which was annexed by Russia from Ukraine in 2014, sparked a scandal because Crimea is subject to EU sanctions on energy...

  • July 28- Starbucks Corp's shares fell more than 7 percent on Friday as its membership growth slowed in the United States, triggering concerns over the U.S. coffee chain's ability to meet long-term growth targets. The company on Thursday reported profit that met Wall Street expectations in the first quarter under new CEO Kevin Johnson, but lowered its...

  • LONDON, July 28- Oil prices edged higher on Friday, reaching new two-month highs and on track to post the strongest weekly percentage gains this year as investors digested signs of an easing oversupply. Brent crude futures were up 44 cents at $51.93 a barrel at 1334 GMT after reaching a new two-month high of $52.02 a barrel. West Texas Intermediate crude futures...

  • TORONTO, July 28- Canada's main stock index fell early on Friday, with financial and consumer stocks leading the retreat, even as domestic data showed strong economic growth, energy stocks gained and Bombardier Inc jumped after reporting a surprise profit.

  • LONDON, July 28- For a while recently it looked as if the Bank of England might finally be getting ready to raise interest rates, but Governor Mark Carney and most of his top officials seem set to remain in wait-and-see mode when they meet next week. Only a few weeks ago the odds in financial markets of a rate hike on Aug. 3 jumped from near-zero to one-in-three.

  • LONDON, July 28- The Bank of England's interest rate-setters are expected to say on Thursday that they have kept borrowing costs at their record low of 0.25 percent, but a recent split among the policymakers has raised speculation that a hike might be coming.

  • FRANKFURT, July 27- Bayer, which is buying U.S. seeds company Monsanto, cut its forecast for operating profit growth this year to below 10 percent after declines in sales of consumer health products in the United States and crop chemicals in Brazil. Sales of sunscreen Coppertone and allergy remedy Claritin, among the main brands it bought from Merck& Co in 2014,...

  • MEXICO CITY _ Grupo Financiero Santander Mexico SAB de CV on Friday reported second-quarter net income of $248.4 million. The Mexico City- based bank said it had earnings of 18 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • LONDON, July 28- Gold prices rose to a six-week high on Friday after weaker than expected U.S. inflation dampened expectations that the U.S. "It showed a big fall in annual inflation rates across the board... so there is no urgency for the Fed to raise interest rates," said Commerzbank analyst Carsten Fritsch. 1320 GMT after touching $1,266.84, the highest since June 14,...

  • *Genish to be named Telecom Italia general manager for operations. MILAN, July 28- Telecom Italia will name Vivendi's Amos Genish as its general manager on Friday as the French media giant tightens its grip on the Italian phone group, where it is the largest shareholder. The appointment comes after Telecom Italia parted ways with Chief Executive Flavio Cattaneo,...

  • HYDERABAD, India _ Dr. Reddy's Laboratories Ltd. on Thursday reported fiscal first-quarter earnings of $9 million. On a per-share basis, the Hyderabad, India- based company said it had net income of 6 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • NEW YORK— The latest on developments in financial markets:. Stocks are opening lower as steep losses for Amazon and Starbucks drag retailers and other consumer-focused companies lower. Amazon fell 4 percent Friday after its second-quarter profit fell far short of expectations as the company inverted more money in its business.

  • *Other cities could follow if Stuttgart bans diesel cars. STUTTGART, Germany, July 28- A German court on Friday backed an effort to ban diesel cars from Stuttgart, dealing a blow to carmakers such as Daimler and Volkswagen which had sought to avert legal curbs by modifying vehicles to cut their emissions. Environmental group DUH went to court two months after the VW...

  • July 28- A steeper-than-expected drop in quarterly profit rattled some Amazon.com investors, but Wall Street analysts remained largely bullish about the company's aggressive spending plans. Shares of the e-commerce juggernaut, which have risen 40 percent this year, were down 4.3 percent at $1,001 in early trading on Friday, wiping out $21 billion from its...

  • SANTIAGO, Chile _ Banco Santander-Chile on Friday reported second-quarter earnings of $226.6 million. Banco Santander-Chile shares have increased 23 percent since the beginning of the year. Keywords: Banco Santander-Chile, Earnings Report.

  • July 28- U.S. stock indexes opened lower on Friday as Amazon's profit miss took a toll on technology shares. The Dow Jones Industrial Average fell 9.29 points, or 0.04 percent, to 21,787.26. The S&P 500 lost 5.78 points, or 0.23 percent, to 2,469.64.

  • "Our second quarter results reflect the impact of volatile raw material costs and an increasingly challenging competitive environment, particularly in the United States and Europe," Chief Executive Richard Kramer said on Friday. Goodyear, which had hiked tire prices twice this year to counter higher raw material costs, said April tire volumes were "...