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  • BRIEF-AB INBEV EXPECTS POTENTIAL JOB REDUCTION OF ABOUT 3. PERCENT OF TOTAL WORKFORCE OF THE COMBINED GROUP@ workforce of the combined group@. *Expects potential job reduction of about 3 percent of total workforce of the combined group.

  • BERLIN— Volkswagen's employee council chief is suggesting that the automaker consider taking stakes in suppliers after a dispute disrupted production in Germany. Volkswagen on Tuesday ended the dispute with two suppliers who stopped delivering parts, briefly affecting nearly 28,000 workers at six plants. Employee council chief Bernd Osterloh, who sits...

  • Aug 26- Hong Kong stocks rose on Friday but were flat for the week, reflecting investor caution ahead of a speech by Federal Reserve Chair Janet Yellen. Yellen will speak at the annual gathering of central bankers in Jackson Hole, Wyoming, later in the global day. Most sectors in Hong Kong rose, led by energy and tech stocks.

  • Aug 26- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE TIME COUNTRY AMOUNT AUCTION DETAILS. 26 August Italy Zero-coupon/BTPi auction 29 August Italy Bills auction 29 August France Auction of BTF treasury notes 30 August Italy Medium long-term auction 30 August Belgium Auction of...

  • FRIDAY, AUGUST 26 JACKSON HOLE, WYOMING, United States- Federal Reserve Chair Janet Yellen speaks on "The Federal Reserve's Monetary Policy Toolkit" before the Federal Reserve Bank of Kansas City Economic Symposium, "Designing Resilient Monetary Policy Frameworks for the Future"- 1400 GMT. PAUL, United States- Federal Reserve Bank of Minneapolis President Neel...

  • *Lotte Group Vice Chairman Lee In-won has died. SEOUL, Aug 26- One of the top executives at South Korea's Lotte Group was found dead on Friday, a suspected suicide, hours before he was to be questioned by prosecutors conducting a criminal probe into the country's fifth-largest conglomerate. Lotte Group confirmed the death of Vice Chairman Lee In-won, which comes...

  • DUBAI, Aug 26- OPEC Secretary-General Mohammed Barkindo sees a growing understanding inside and outside the oil producers' group that action is needed to manage crude production in order to support prices, he said in remarks published in London- based newspaper Al-Hayat. He told the newspaper: "There is growing realisation within OPEC and outside that...

  • DUBAI, Aug 26- OPEC Secretary-General Mohammed Barkindo sees a growing understanding inside and outside the oil producers' group that action is needed to manage crude production in order to support prices, he said in remarks published in London- based newspaper Al-Hayat. He told the newspaper: "There is growing realization within OPEC and outside that...

  • LONDON, Aug 25- Europe's biggest stock exchange Bats Europe could open a base outside London following Brexit, its head told Reuters, voicing doubts about whether the City of London would secure sufficient access to the European market. Bats Europe accounts for about 24 percent of daily trading in European shares and a shift of UK operations of one of the...

  • LONDON, Aug 26- Sterling hovered near a three-week high against the dollar on Friday, with traders awaiting the second reading of UK growth figures amid receding worries over the impact of Britain's shock vote to leave the European Union. Second-quarter gross domestic product data was being eyed for direction-- though it only covers a week of the...

  • PARIS, Aug 26- French naval contractor DCNS has filed a complaint for breach of trust after a massive leak of documents concerning six Scorpene submarines it is building for India, a spokesman for the shipbuilder said on Friday. DCNS was left reeling after details from more than 22,000 pages of documents relating to submarines it is building for India were...

  • Members of the Organization of Petroleum Exporting Countries will meet on the sidelines of the International Energy Forum, which groups producers and consumers, in Algeria from Sept. 26-28. Speaking publicly for the first time since talk about freezing production surfaced in the last few weeks, Al-Falih said there have not yet been any specific discussions...

  • MELBOURNE, Aug 26- London zinc touched its highest in 15 months on Friday as fresh shutdowns in China's steel sector added to mine supply concerns to ignite a short-covering rally. China plans to cut steel production by 2.91 million tonnes this year in inner Mongolia, a government official said, according to state media. As China steel mills shutter, steel prices...

  • SHANGHAI, Aug 26- China stocks were little changed on Friday, as renewed slides in property shares erased gains earlier in the day. The blue-chip CSI300 index fell 0.1 percent to 3,307.09, while the Shanghai Composite Index rose 0.1 percent to 3,070.31. The market was firm in the morning session, with some traders attributing the gain to a denial by regulators that...

  • LONDON, Aug 26- European equities steadied in early trading on Friday, with investors focusing on a speech by Federal Reserve Chair Janet Yellen later in the session for hints about the timing of a U.S. interest rate hike. The pan-European STOXX 600 index was down 0.1 percent by 0722 GMT after falling in the previous session. Britain's FTSE 100 index also fell 0.1...

  • MANILA, Philippines— Asian stock markets were mixed Friday, with investors preferring to sit on the sidelines ahead of U.S. KEEPING SCORE: Japan's Nikkei 225 fell 1.2 percent at 16,360.71. Hong Kong' Hang Seng index rose 0.3 percent to 22,881.91.

  • SEATTLE— The son of a Russian lawmaker has been convicted of hacking into U.S. businesses to steal credit card information and orchestrating an international online theft scheme that netted him millions of dollars. He could face up to 40 years in prison when he's sentenced Dec. 2, and he still faces similar charges in federal courts in Nevada and Georgia, his...

  • *Members of OPEC meeting in late September. International benchmark Brent crude oil prices were trading at $49.46 per barrel at 0658 GMT, down 21 cents from their previous close. Members of the Organization of Petroleum Exporting Countries will meet on the sidelines of the International Energy Forum, which groups producers and consumers, in Algeria from Sept....

  • BEIJING, Aug 26- China still has room for easing monetary policy as it aims to bring down funding cost for firms, a researcher from China's top economic planner said in an article published on Friday. There was still "rather large room for guiding interest rates lower" to help cut funding costs for firms, Cao Yujin, researcher at China's National Development and...

  • KUWAIT CITY— Kuwait's Interior Ministry says a government employee has been arrested for spreading Islamic State ideology and hacking social media pages of "some friendly and sister countries." That's a known group of hackers supporting the extremists in Iraq and Syria. The ministry says it had monitored Naif for months and his statements led to the arrest of...