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  • SYDNEY, June 27- A late buying spurt by investors betting copper prices had reached a low point for the day pushed the metal into positive territory in late Asian trading on Tuesday. Shanghai Futures Exchange ended 0.39- percent higher at. *CHINA INDUSTRIAL EARNINGS: Profits earned by China's industrial firms in May rose 16.7 percent from a year earlier, the...

  • LONDON, June 27- British supermarkets recorded their highest sales growth in five years over the last 12 weeks, mostly driven by rising inflation, industry data showed on Tuesday. Market researcher Kantar Worldpanel said UK supermarket industry sales rose 5.0 percent in the 12 weeks to June 18. June 18 2017 June 19 2016 in sales.

  • TOKYO, June 27- Japan's Fair Trade Commission said it will brief on its probe into liquefied natural gas trading practices at 3 p.m. on Wednesday. The commission late last year ordered the country's LNG buyers to provide details on contract requirements that prevent them from reselling the fuel to third parties. Markets have been waiting to hear from the...

  • TOKYO, June 27- Japan's Fair Trade Commission said it will brief on its probe into liquefied natural gas trading practices at 3 p.m. on Wednesday. The commission late last year ordered the country's LNG buyers to provide details on contract requirements that prevent them from reselling the fuel to third parties. Markets have been waiting to hear from the...

  • *Takata filed for bankruptcy in U.S. and Japan. TOKYO, June 27- Japanese auto parts maker Takata Corp expressed condolences on Tuesday to victims of its faulty air bags linked to at least 16 deaths and 180 injuries around the world, but stopped short of offering a full apology. The meeting came a day after Takata, facing tens of billions of dollars in costs and...

  • *OPEC has been pushing to curb output, fight glut. Brent crude futures, the international benchmark for oil prices, gained 35 cents, or 0.7 percent, to $46.18 per barrel by 0715 GMT. OPEC nations and 11 other exporters agreed in May to extend cuts of 1.8 million barrels per day until March 2018.

  • *Premier says China Q2 economic growth remains steady. *Says not easy for China to keep robust growth over long term. DALIAN, China, June 27- China is capable of achieving its full-year growth target and controlling systemic risks despite challenges, Premier Li Keqiang said on Tuesday, adding that maintaining medium to high-speed long-term growth will not be easy.

  • *Toshiba aims to sign pact with Japan govt-led group by Wed. TOKYO, June 27- Western Digital Corp said it and U.S. private equity firm KKR& Co LP have resubmitted a bid for Toshiba Corp's prized flash memory chip unit- an eleventh hour effort to prevent Toshiba signing a deal with its preferred bidder. Toshiba is seeking to sign a definitive agreement with a group led by...

  • LONDON, June 27- A drop in autos stocks after Germany's Schaeffler cut its profit outlook and disappointment over a failed buyout of Stada hit European shares on Tuesday, offsetting gains among basic resources firms and Spain's Bankia. Germany's DAX was 0.4 percent weaker. Spanish banks were a bright spot as investors cheered Bankia's move to buy smaller peer...

  • *ECB's Mario Draghi, Fed's Janet Yellen scheduled to speak. LONDON, June 27- Germany's benchmark 10- year government bond yield held near its lowest level in almost two weeks on Tuesday, as a slew of central bank policy makers lined up to give their latest thoughts on the economy and monetary policy outlook. European Central Bank President Mario Draghi is...

  • SHANGHAI, June 27- China stocks recouped earlier losses to end higher on Tuesday, but investors turned cautious amid a strong rally in blue-chips after MSCI decided last weeek to add 222 China-listed stocks to its Emerging Markets Index. Investors largely looked past news that profits at China's industrial companies surged 16.7 percent in May from a year...

  • BERLIN, June 27- The German transport ministry announced plans on Tuesday to set up a new institute to test vehicle emissions to restore consumer confidence after the Volkswagen scandal as it said two models had produced more carbon dioxide than allowed. The ministry said an Opel Zafira car and a Smart For Two produced by Daimler- both discontinued- had produced...

  • WASHINGTON— Somewhere along the way, the Republican crusade to repeal "Obamacare" also turned into an effort to limit the future growth of Medicaid. With about 70 million enrolled, Medicaid covers more people than Medicare, from newborns to nursing home residents. A Congressional Budget Office estimate released Monday said the Senate bill's biggest impacts on...

  • *Bailout opens rift between Germany and Italy. As lawmakers digested details of the rescue, which involves the state rather than investors bearing most of the cost, many criticised Rome for breaking with the spirit of a framework known as banking union-- and the European Commission in Brussels for allowing it do so. Under a deal sealed over the weekend, Italy will...

  • TOKYO, June 27- Japan's Nikkei share average rose for a third session on Tuesday as a weaker yen helped exporters rise, while the steel sector got a boost with traders citing a brokerage report highlighting a positive reversal in steel prices. The dollar was at 112.07 yen, the highest since May 24. "The fundamental mood is not bad, but it's hard for investors to find a...

  • LONDON, June 27- Debenhams, Britain's second-biggest department store, said trading had become more volatile in the second half of the year and warned its 2017 profit could slip towards the lower end of expectations if conditions did not improve. The retailer, in the middle of a turnaround programme led by new Chief Executive Sergio Bucher, reported a 0.9 percent...

  • MOSCOW, June 27- Privatisation of Russian state shipping company Sovcomflot is planned for early July, the TASS news agency quoted Russian Deputy Transport Minister Viktor Olersky as saying on Tuesday. "So far everything is going according to plan," he told the agency. "So far it is early July."

  • LONDON, June 27- Debenhams, Britain's second-biggest department store operator, said on Tuesday it was making progress in implementing its new strategy, though it cautioned that the UK trading environment had become more volatile. The firm said group like-for-like sales fell 0.9 percent in the 15 weeks to June 17, its fiscal third quarter.

  • FRESNO, Calif.— Regulators in California took a pivotal step on Monday toward becoming the first state to require the popular weed killer Roundup to come with a label warning that it's known to cause cancer. Officials announced that starting July 7 the weed killer's main ingredient, glyphosate, will appear on a list California keeps of potentially cancerous...

  • TOKYO, June 27- Japanese auto parts maker Takata Corp expressed condolences on Tuesday to victims of its faulty air bags linked to at least 16 deaths and 180 injuries around the world. Executives offered the apology at the firm's last annual shareholder meeting as a listed company. Takata has filed for bankruptcy protection in Japan and the United States and...