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  • BEIJING, July 26- Chinese miners plan to jointly apply for an anti-dumping investigation into iron ore and iron ore products imported from Australia and Brazil, a miners association said. In an online statement issued by the Metallurgical Miners' Association of China, more than 20 Chinese miners are planning to file an application to the country's commerce...

  • *GFMS lifts 2016 gold price forecast to $1,279/ oz. LONDON, July 26- A surge in Western gold investment helped offset sliding Asian demand in the second quarter, GFMS analysts at Thomson Reuters said on Tuesday, as they hiked their gold price forecast for the year in response to jitters over the economic outlook. In the Q2 update of its Gold Survey 2016, GFMS said it now...

  • HONG KONG/ SINGAPORE, July 26- McDonald's Corp said it is seeking franchise partners for its restaurants in Malaysia and Singapore as part of its move to away from direct ownership and operation in Asia. "McDonald's has taken the decision to adopt a development licensee model for the Malaysia and Singapore markets in order to enable focused investment in the...

  • Secretary of State John Kerry said on Tuesday he hoped to announce in early August details of a U.S. plan for closer military cooperation and intelligence sharing with Russia on Syria. Kerry has defended the proposal despite deep skepticism among top American military and intelligence officials, including Secretary of Defense Ash Carter and chairman of the...

  • *Australia losing market share in Indonesia- traders. *Australia's largest exporter to build emergency storage. However, a delay in sales could lead to Australia losing more of its share of the overseas market to rival Black Sea producers.

  • BRIEF-TELECOMS CEOS REACT TO OFCOM'S OPENREACH PROPOSAL@. July 26- Ceos react to Ofcom proposal:. *TalkTalk ceo says Ofcom proposal for openreach a step in the right direction- BBC radio.

  • ABU DHABI, United Arab Emirates— The United Arab Emirates might not seem like an obvious spot to begin and end a globe-spanning flight promoting renewable energy. One way is by backing the Solar Impulse 2 solar plane, which ended its groundbreaking round-the-world flight on Tuesday in Abu Dhabi and counts Emirati renewable-energy company Masdar among its...

  • TOKYO, July 26- Takeda Pharmaceutical Co Ltd will accept initial bids for its 70 percent stake in a chemicals company through Aug. 16, with potential suitors including CVC Capital Partners Ltd and Carlyle Group Ltd, sources told Reuters. Takeda, Japan's largest drugmaker by market value, aims to sell its holding in Wako Pure Chemicals Industries Ltd to streamline...

  • MILAN, July 26- European shares were slightly lower in early trading on Tuesday with Commerzbank among the leading fallers after the German bank disappointed with a fall in core capital. By 0717 GMT, the pan-European STOXX 600 index was down 0.2 percent. Small moves on the benchmark indices masked active trading in underlying stocks as earnings season gets...

  • SINGAPORE, July 26- Oil prices rebounded from over three-month lows on Tuesday, lifted by a drop in the dollar, but concerns of ongoing oversupply weighed on markets and many traders are raising their bets on further price falls. International Brent crude oil futures were trading at $44.89 per barrel at 0658 GMT, up 17 cents from their last close.

  • SHANGHAI, July 26- China stocks closed up on Tuesday as buyers drove a mild but broad-based rally into financials and industrials.

  • LONDON, July 26- British oil major BP reported a lower than expected profit for the second quarter due to weak refining margins and oil prices, prompting another cut to its 2016 investment budget to below $17 billion. The London- listed energy company said second-quarter underlying replacement cost profit, its definition of net income, was $720 million, down from...

  • —$12,500 to $44, 000: Range of values for the affected Volkswagen diesels before the scandal became public on Sept. 18, 2015. Owners who sell their cars back to VW would get the clean trade-in value as determined by the National Automobile Dealers Association depending on the model, age, mileage and options on their car. —$5,100 to $10, 000: Amount of additional...

  • LONDON, July 26- Brewer Anheuser-Busch InBev has sweetened the terms of its $100 billion- plus takeover offer for SABMiller after a fall in sterling since Britain's vote to leave the European Union and a rise in AB InBev's shares reduced the attractiveness of the original terms for SABMiller shareholders. AB InBev will now offer 45 pounds a share, an increase...

  • LONDON— Anheuser-Busch InBev has increased its cash offer for SABMiller to 45 pounds per share after pressure from investors who had seen the value of the bid drop as the pound declined following Britain's vote to leave the European Union. The maker of Budweiser increased the offer Tuesday by one pound a share, valuing the total transaction at 79 billion pounds.

  • LONDON, July 26- British regulator Ofcom on Tuesday said BT's network division should become a legally separate company within the telecoms group, to improve broadband coverage and avoid the need for a full break-up of the firm. Rivals to Britain's biggest telecoms groups had lobbied hard to persuade Ofcom that competition would be best served by completely...

  • SEOUL, South Korea— Hyundai Motor Co. has reported a tenth straight quarterly profit decline due to weak demand for passenger sedans and higher marketing expenses for its luxury brand, despite improved China sales. Hyundai also spent more on marketing to promote its luxury brand Genesis ahead of new vehicle launches in the U.S. Passenger sedans have been...

  • Underlying replacement cost profit, which excludes one-time items and fluctuations in the value of inventories, fell to $720 million from $1.3 billion in the same quarter a year earlier, the company said in a statement released Tuesday. BP's net loss narrowed to $1.4 billion from $5.8 billion. "The sigh of relief emanating from BP HQ is almost palpable as the Gulf...

  • SAN FRANCISCO— A $15 billion settlement over Volkswagen's diesel emissions cheating scandal faced a critical test, as a federal judge decided whether to grant it preliminary approval. U.S. District Court Judge Charles Breyer was scheduled to consider the settlement during a hearing on Tuesday and appeared inclined to approve it. The carmaker would spend up...

  • LONDON, July 26- British oil major BP reported lower-than-expected profit for the second quarter due to weak refining margins and oil prices, prompting another cut to its 2016 investment budget to below $17 billion. BP reported a second-quarter underlying replacement cost profit, the company's definition of net income, of $720 million, down from $1.3 billion...