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Wires

  • *Spain, German state inflation data push most yields down. LONDON, March 30- Borrowing costs in Germany, the euro zone's benchmark bond issuer, fell to three-week lows on Thursday as soft state inflation numbers helped dampen speculation that an unwinding of ECB stimulus could come sooner rather than later. Bond yields across the bloc fell sharply on Wednesday...

  • JOHANNESBURG, March 30- The leader of a South African opposition party said he planned to file for disciplinary or impeachment proceedings against President Jacob Zuma in a court application on Thursday. Economic Freedom Fighters leader Julius Malema said the application to the Constitutional Court would seek to order the Speaker of Parliament to...

  • HELSINKI— Swedish low-cost fashion brand Hennes& Mauritz AB says its first quarter sales increased a modest 7 percent, with strong growth and profits in online operations. Net sales during the December-February period amounted to almost 47 billion kronor, up from 43.7 billion kronor a year earlier. H&M CEO Karl-Johan Persson on Thursday described the sales...

  • OMAHA, Neb. _ Lindsay Corp. on Thursday reported fiscal second-quarter net income of $5 million, after reporting a loss in the same period a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share. Four analysts surveyed by Zacks expected $119.4 million.

  • LONDON, March 30- Copper and other base metals drifted lower on Thursday as speculators took profits ahead of fresh economic data from the United States and top metals consumer China. *LME COPPER: London Metal Exchange copper had slipped 0.6 percent to $5,873 a tonne by 1140 GMT, erasing a 0.6 percent gain from the previous session, when prices hit their highest...

  • BEIJING, March 30- China's foreign exchange regulator said on Thursday that pressure from capital outflows eased somewhat in 2016 and there will be greater flexibility in the yuan's exchange rate in 2017.. "With the steady progress of reforms of renminbi exchange rate mechanism, the flexibility of renminbi exchange rate will be further enhanced," the State...

  • LONDON— It took Britain more than a decade of trying to join the European club. If anyone thinks that will be easy for Britain, a look back to its entry half a century ago will show how difficult and protracted talks with the EU can be. Successive British governments slogged away at trying to convince the original six members— Belgium, France, Italy, Luxembourg, the...

  • MCLEAN, Va. _ Science Applications International Corp. on Thursday reported fiscal fourth-quarter earnings of $36 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share. Four analysts surveyed by Zacks expected $1.09 billion.

  • BEIJING, March 30- China's largest oil and gas producer, PetroChina, on Thursday reported a drop of 78 percent in 2016 annual net profit, to its lowest since at least 2011, as it was hit by lower prices for crude oil and natural gas. The shrinking profits posted by China's state oil and gas producers for last year have highlighted their growing challenges from...

  • JERUSALEM, March 30- Bezeq Israel Telecom urged the government to allow it to merge its various units to improve efficiency, as it reported a 50 percent drop in quarterly net profit, weighed down by an early retirement provision and other one-time expenses. Israel's dominant telecoms operator has long argued for an end to its "structural separation", which forces...

  • ABU DHABI, March 30- Abu Dhabi's state-owned Mubadala Investment Company said its net profit nearly tripled in 2016, while total comprehensive income rebounded to a profit from a loss in 2015, primarily helped by financial investments. Mubadala reported a net profit of 3.3 billion dirhams for 2016, compared to a net profit of 1.2 billion dirhams in 2015..

  • ABU DHABI, March 30- Abu Dhabi's state-owned Mubadala Investment Company said its net profit jumped nearly tripled in 2016, while total comprehensive income rebounded to a profit from a loss in 2015, primarily helped by financial investments. Mubadala reported a net profit of 3.3 billion dirhams for 2016, compared to a net profit of 1.2 billion dirhams in...

  • JING ZHOU, China _ China Automotive Systems Inc. on Thursday reported fourth-quarter earnings of $5.8 million. China Automotive Systems shares have increased roughly 1 percent since the beginning of the year. Keywords: China Automotive Systems, Earnings Report.

  • EVORA, Portugal— Chilean President Michelle Bachelet is on a state visit to Portugal, where she is due to hold talks with local officials and preside at a bilateral trade conference. Bachelet arrived Thursday in Evora, about 150 kilometers east of the capital Lisbon, where she was to receive an honorary doctorate from the city's university.

  • March 30- Boston Scientific Corp said on Thursday it would buy privately-held Swiss medical device maker Symetis SA for $435 million to expand its business of making minimally invasive heart devices.

  • *Russia is Europe's 5th biggest car market by sales. MOSCOW, March 30- Foreign carmakers in Russia are benefiting from a stronger, more stable rouble, which is reducing their costs and supporting earnings in dollar terms at a time when the once-booming local market is expected to return to growth after four tough years. Five of the world's biggest carmakers...

  • EXCLUSIVE-CHINESE WOMEN GOLFERS MAY NOT PLAY IN LOTTE-SPONSORED LPGA TOURNAMENT IN HAWAII AS CHINA- S.KOREA TENSIONS MOUNT.

  • LATHAM, N.Y. _ AngioDynamics Inc. on Thursday reported fiscal third-quarter net income of $2.9 million. AngioDynamics expects full-year earnings in the range of 68 cents to 70 cents per share, with revenue in the range of $352 million to $355 million. AngioDynamics shares have risen 2.5 percent since the beginning of the year.

  • CAIRO, March 30- Egypt expects inflation to start easing by November or December, a year after abandoning its currency peg and seeing prices soar as the pound lost half its value, Finance Minister Amr El-Garhy said on Thursday. "We expect the inflation rate to ease starting in November or December," Garhy told a conference in Cairo. Garhy was speaking a day after...

  • LONDON, March 30- Gold dipped on Thursday as the dollar strengthened, but economic uncertainty around Britain's departure from the European Union and the approaching French elections capped losses. Emmanuel Macron is on course to come out on top of the first round of France's presidential election next month and go on to win the May 7 runoff against far right...