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  • meetings@ SAO PAULO, July 25- Latin American currencies and stocks fell on Monday as traders avoided risky bets ahead of this week's Federal Reserve and Bank of Japan policy meetings. Bank of Japan Governor Haruhiko Kuroda said on Saturday he would ease policy further if necessary. Shares of Petróleo Brasileiro SA also advanced after the state-controlled oil...

  • NEW YORK, July 25- Oil prices fell to 2-1/ 2- month lows on Monday on rising concerns that a global glut of crude and refined products would weigh on markets, delaying a long-anticipated rebalance in the market. Brent crude futures were down 89 cents at $44.80 a barrel by 11:13 a.m. EST, their lowest since May 10. U.S. crude was down 93 cents at $43.26 a barrel, after...

  • NEW YORK, July 25- A federal judge on Monday banned Uber Technologies Inc and its Chief Executive Travis Kalanick from using information obtained in a background check of a plaintiff bringing a price-fixing lawsuit, saying the firm that conducted the investigation engaged in "arguably" criminal conduct. District Judge Jed Rakoff in Manhattan said the firm,...

  • The gathering followed hints about easing from the European Central Bank and the Bank of England, with expectations that the U.S. A survey on Monday showed business morale in Europe's biggest economy, Germany, fell in July, suggesting company executives have become less optimistic since Brexit. Commerzbank estimates Germany and Italy are scheduled to sell...

  • WASHINGTON, July 25- The U.S. Environmental Protection Agency on Monday finalized its determination that greenhouse gases from airplanes endangers public health, a decision that requires the agency to regulate emissions from U.S. aircraft. The endangerment finding triggers the EPA to start a rule- making process for greenhouse gas emission standard for...

  • Donna Karan

    LVMH is selling Donna Karan International, the parent of New York label DKNY, to U.S. clothing firm G-III Apparel Group.

  • *FOMC begins two-day meeting on Tuesday. July 25- U.S. stocks slipped from their record levels on Monday as oil weighed on energy shares and as investors awaited this week's Federal Reserve monetary policy meeting. "Second-quarter earnings have come in stronger than we had expected, but for some reason the markets have chosen to obsess about oil prices today," said...

  • *Longer-dated yields fall after lower Wall Street open. Longer-dated Treasury yields followed Wall Street stocks lower, with traders wary of possible signals from the Federal Reserve about an interest rate increase later this year following its upcoming policy meeting on Tuesday and Wednesday. While the U.S. economic expansion has persisted in the...

  • LONDON, July 25- Sterling trod water on Monday after a survey painted a subdued picture of Britain's manufacturing sector, underpinning the view that a recession could hit in the near future and that the Bank of England will need to further ease monetary policy. Investors are worried that "Brexit" will have negative consequences on the economy and in particular...

  • LONDON, July 25- Zinc resumed its rally on Monday, powered by falling mine supply and copper fell as a sharp drop in oil prices overshadowed expectations of looser global central bank policy. G20 finance chiefs vowed at the weekend to use "all policy tools" to lift global growth after a meeting dominated by the impact of Britain's exit from the European Union.

  • CRUDE EXTENDS LOSSES, DOWN BY $1 OR ABOUT 2.2 PCT AT SESSION LOW OF $43.18 A BARREL.

  • NEW YORK, July 25- Verizon Communications Inc said on Monday it would buy Yahoo Inc's core internet properties for $4.83 billion in cash to expand its digital advertising and media business, ending a protracted sale process for the fading Web pioneer. The purchase will boost Verizon's AOL internet business, which it bought last year for $4.4 billion, as it gains...

  • NEW YORK, July 25- A federal judge on Monday banned Uber Technologies Inc and its Chief Executive Travis Kalanick from using information obtained by an investigative firm in a background check of a plaintiff who brought a price-fixing lawsuit. District Judge Jed Rakoff in Manhattan said the firm, Ergo, "engaged in fraudulent and arguably criminal conduct."

  • LONDON/ NEW YORK, July 25- Foreign exchange trading out of the United Kingdom fell 9 percent in the year to April 2016, a semi-annual survey by the Bank of England showed on Monday, although volumes were slightly higher than shown in an October survey. Separately, a survey by the New York Federal Reserve released at the same time showed daily currency trading volumes...

  • TORONTO, July 25- Canada's main stock index fell on Monday, weighed by energy and mining stocks that retreated along with oil and gold prices. Gold fell as the U.S. dollar firmed ahead of central bank meetings in the United States and Japan. At 10:16 a.m. EDT, the Toronto Stock Exchange's S&P/TSX composite index was down 77.14 points, or 0.53 percent, to 14,523.52.

  • LONDON, July 25- Luxembourg will not seek to lure away British financial firms anxious about keeping a foot in the European Union after Brexit, the Grand Duchy's government said on Monday, saying it aimed instead to work with them for mutual benefit. The UK financial sector and Luxembourg have long had close ties, especially in managing Europe's trillions of...

  • ROME/ MILAN, July 25- Specialist Italian pension funds will consider a government request to pour money into a bank bailout fund at a meeting on Monday, days before European stress tests are expected to show the country's third-largest lender is in need of urgent capital. Monte dei Paschi, Italy's third-biggest bank by assets, is likely to be found short of capital...

  • Analysts and investors had raised questions about Sprint's financial position after majority owner SoftBank Corp agreed earlier this month to buy UK chipmaker ARM Holdings Plc for $32 billion. "We expect that we will have adequate sources to provide all the capital necessary to fund the business and repay the debt maturities due in FY 16," Chief Financial...

  • LONDON, July 25- China's imports of base metals were once the bullish drumbeat to which the global market marched. Graphic on China's net imports of refined metals:. Graphic on China's imports of raw materials:.

  • CRUDE EXTENDS LOSSES SLIGHTLY; TRADERS CITE GENSCAPE DATA SHOWING CUSHING INVENTORY BUILD OF ABOUT 1 MLN BARRELS.