Wires

  • WASHINGTON— Manufacturing in New York state expanded in January for the third straight month, as new orders and shipments grew. The Federal Reserve Bank of New York says its manufacturing index slipped slightly to 6.5 in January from 7.6 the previous month. Any reading above zero indicates expansion.

  • LONDON, Jan 17- The dollar fell heavily across the board on Tuesday, with sterling leading the charge against it as soothing words on Brexit from British prime minister Theresa May triggered the pound's biggest jump in eight years. A recent sell-off in the dollar deepened as U.S. traders returned from a long weekend to widespread weakness after President-elect...

  • LONDON, Jan 17- Britain will leave the EU's single market when it exits the European Union, Prime Minister Theresa May said on Tuesday, putting an end to speculation that London might try to seek a "soft Brexit". "Britain has laid out its plan for# brexit. "Theresa May's promise to turn Britain into a' global trading nation' after Brexit is an illusion, just like Donald...

  • LONDON, Jan 17- The dollar fell heavily across the board on Tuesday, with sterling leading the charge against it as soothing words on Brexit from British prime minister Theresa May triggered the pound's biggest jump in eight years. A recent sell-off in the dollar deepened as U.S. traders returned from a long weekend to widespread weakness after President-elect...

  • *Says Syngenta will push expansion of biotech R&D in China. There will be some remedies in both the U.S. and the EU but I can't speak to any details, " Erik Fyrwald told Reuters on the sidelines of the World Economic Forum in Davos. Unveiling details about Syngenta's future role within ChemChina for the first time, Fyrwald also said Israel- based Adama, a maker of generic...

  • US TREASURY YIELDS FALL AS FED'S DUDLEY SPEAKS, 10- YEAR YIELDS DROP TO 2.33 PERCENT.

  • Jan 17- Mattel Inc, the largest U.S. toymaker, named Margaret Georgiadis, Google Inc's Americas President, its chief executive, replacing Christopher Sinclair, who will remain chairman. "leadership experience at Google and elsewhere, coupled with her proven ability to foster innovation and build partnerships on a global scale, makes her ideally suited to...

  • SAO PAULO, Jan 17- Brazil's busiest pipeline of bond and equity offerings in at least six years is being fueled by increasing investor confidence in the country's ability to emerge from a harsh recession and shrug off global market turmoil, bankers said. In what the bankers say is a window for offerings that opened last week and may extend for another three weeks,...

  • *Saudi Cement, Jabal Omar, Albilad up on higher Q4 profits. DUBAI, Jan 17- Qatar's stock market rose to a multi-month high on Tuesday in the heaviest volume since late November, buoyed by the banking sector, while firmer oil prices supported the rest of the Gulf and foreign investors bought up Egyptian shares. It reported an 8 percent drop in fourth-quarter net profit...

  • LONDON, Jan 17- Prime Minister Theresa May said on Tuesday Britain could not remain a member of the EU single market after leaving the European Union, but would seek an agreement to allow for the freest possible trade in goods and services. She has underlined that Great Britain is striving for a positive and constructive partnership, a friendship, with a strong EU.

  • UPDATE 1-Women's apparel retailer Limited Stores files for bankruptcy.

  • LONDON, Jan 17- Sterling saw its biggest gains since the 2008 financial crisis on Tuesday as Prime Minister Theresa May promised a parliamentary vote on Britain's deal to leave the EU and said it would seek to stay a key European partner. "Theresa May's greatest trick appears to have been to deliver what amounts to a fairly hard Brexit message without the markets...

  • MOSCOW— Moldova's new president, who is visiting Russia on his first trip abroad, is voicing hope for rebuilding "strategic" ties with Moscow. Igor Dodon, who won November's elections, has pledged to restore trade and political relations with Moscow which cooled after Moldova signed a trade association agreement with the European Union. Speaking after talks...

  • MOSCOW, Jan 17- President Vladimir Putin said on Tuesday an unsubstantiated report that alleged Russia had gathered compromising material on U.S. President-elect Donald Trump was a hoax. Putin, who reiterated he had never met Trump, said he hoped that Moscow and Washington could eventually get their troubled relations back to normal.

  • BERLIN, Jan 17- Germany's foreign minister on Tuesday welcomed the "little bit more clarity" British Prime Minister Theresa May provided on what kind of Brexit Britain wants and said it was good she made clear she wanted to work constructively with the European Union. "She emphasized that Great Britain is seeking a positive and constructive partnership,...

  • MOSCOW, Jan 17- Moldova may scrap a trade agreement with the European Union after the country's next parliamentary elections, Moldova's President Igor Dodon said on Tuesday.

  • *Rising U.S. production seen offsetting OPEC cuts. LONDON, Jan 17- Oil prices rose on Tuesday, supported by a falling U.S. dollar and Saudi Arabia saying it would adhere to OPEC's commitment to cut output. Brent crude futures, the international benchmark for oil prices, were up 66 cents at $56.52 a barrel by 1304 GMT.

  • Jan 17- Wall Street bank Morgan Stanley's profit doubled in the last quarter of the year, far exceeding expectations, as trading activity surged following the U.S. presidential election. Earnings applicable to common shareholders soared to $1.51 billion in the fourth quarter from $753 million a year earlier, while earnings per share increased to 81 cents from...

  • DAVOS, Switzerland, Jan 17- Shire, which sells some of the world's most expensive prescription drugs, believes the U.S. market will continue to recognize the value of its rare disease treatments, despite saber-rattling on pricing by President-elect Donald Trump. "I think we are in good position to prove the value of our products but, of course, there will be...

  • *Etihad mulls taking 30-40 pct stake in Lufthansa- Il Messaggero. MILAN, Jan 17- Germany's Lufthansa and Etihad Airways are in talks to possibly merge the two airlines, Italian newspaper Il Messaggero said in an unsourced report on Tuesday, boosting the German airline's share price. According to the paper, managers from both companies have for weeks been...