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  • BEIJING, May 23- China's imports of North Korean goods in April fell below $100 million to the lowest in nearly three years, data showed on Tuesday, after China stopped buying coal from the isolated country and as calls mount for further economic sanctions. Neighbouring China is North Korea's biggest trade partner, and the data indicates that China's halt of...

  • PARIS, May 23- The head of France's biggest moderate trade union, CFDT, said on Tuesday he had told President Emmanuel Macron in talks not to try to rush through his labor reform plans this summer. Laurent Berger told journalists he had urged the newly-elected Macron in talks to "leave enough time for dialog" with the unions. "I asked him not to do it hurriedly, to do it...

  • PARIS, May 23- The head of France's biggest moderate trade union, CFDT, said on Tuesday he had told President Emmanuel Macron in talks not to try to rush through his labour reform plans this summer. Laurent Berger told journalists he had urged the newly-elected Macron in talks to "leave enough time for dialogue" with the unions. "I asked him not to do it hurriedly, to do it...

  • HELSINKI— Nokia and Apple have settled their numerous legal disputes after signing an agreement to work together. Nokia, once the world's No. 1 cellphone maker and now a networks provider after selling its ailing mobile phone sector to Microsoft in 2014, described the pact as "meaningful." Maria Varsellona, Nokia's chief legal officer said the agreement "moves...

  • EGYPT AIMS TO RAISE 7.2 BILLION EGYPTIAN POUNDS IN INITIAL PUBLIC OFFERING OF BANQUE DU CAIRE IN 2017-2018- BUDGET DRAFT.

  • HORSHAM, Pa. _ Toll Brothers Inc. on Tuesday reported fiscal second-quarter earnings of $124.6 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share. Toll Brothers shares have climbed 23 percent since the beginning of the year.

  • TOKYO, May 23- Japan must adhere to the government's goal to achieve a balanced budget by the fiscal year ending in March 2021, Finance Minister Taro Aso said, in a resolve to push for fiscal consolidation to fix the country's tattered finances. We are not allowed to take down the flag, "Aso said in a document submitted to the Council of Economic and Fiscal Policy.

  • FRANCE'S TRADE UNION CFDT SAYS IT URGES MACRON IN TALKS NOT TO PUSH HIS PROPOSED LABOUR REFORMS TOO HURRIEDLY, ALLOW TIME FOR FURTHER DISCUSSION.

  • BRUSSELS— A closely watched survey of business activity across the 19- country eurozone shows economic growth holding steady at a six-year high in May while job creation has picked up to one of the highest levels in nearly a decade. Financial information company IHS Markit says Tuesday that its purchasing managers' index— a broad gauge of economic activity— for...

  • May 23- U.S. luxury homebuilder Toll Brothers Inc reported a 40 percent rise in quarterly profit, boosted by an increase in home sales. The company said its net income rose to $124.6 million, or 73 cents per share, in the second quarter ended April 30 from $89.1 million, or 51 cents per share, a year earlier. Revenue rose 22.2 percent to $1.36 billion.

  • *France election result viewed as major relief. BERLIN, May 23- German business morale brightened more than expected in May to hit its highest level on record since 1991, a survey showed on Tuesday, with the election of Emmanuel Macron as French president viewed as a major relief for Europe's largest economy. France is Germany's second-most important single...

  • HELSINKI, May 23- Nokia has settled its legal battle with Apple with a new patent licence agreement and also signed a business deal with the U.S. giant, surprising investors who had expected the dispute to drag on. Nokia shares, which fell in December when the patent dispute was announced, jumped as much as 8 percent to their highest since February 2016 and were 6.5...

  • *Market value shrivels to $400 mln from $6 bln in Feb 2015. SINGAPORE, May 23- Noble Group's troubles worsened after S&P warned of a risk the struggling commodity trader won't pay its debt and as sources told Reuters a potential investor backed out, triggering a one-third fall in its shares and a dip in its bonds. Citing sources, Reuters reported on Monday that...

  • LONDON, May 23- Sterling slipped against the dollar on Tuesday, with a suicide bombing in the English city of Manchester and concerns over the ruling Conservative Party's campaign for next month's election putting the currency on the defensive. The pound fell as low as $1.2954 in morning trade in London, down 0.3 percent on the day, before recovering to trade only...

  • LONDON, May 23- Sterling slipped against the dollar on Tuesday, with a suicide bombing in the English city of Manchester and concerns over the ruling Conservative Party's campaign for next month's election putting the currency on the defensive. The pound fell as low as $1.2954 in morning trade in London, down 0.3 percent on the day, before recovering to trade only...

  • *Plan would undermine OPEC- led effort to tighten markets. President Donald Trump's plan to sell off half the country's huge oil stockpile, threatening a future glut even as OPEC and its allies cut output to try and tighten the market. The White House plan to sell off half of the nation's 688 million-barrel oil stockpile from 2018 to 2027 aims to raise $16.5 billion...

  • *Spot gold may gain further to $1,272/ ounce- technicals. Prime Minister Theresa May said the incident was being treated as a terrorist attack, making it the deadliest militant assault in Britain since four British Muslims killed 52 people in suicide bombings on London's transport system in July 2005. "Right now, precious metals prices are relatively quiet, this...

  • *Benralizumab cuts need for oral steroids in severe asthma. LONDON, May 23- AstraZeneca's experimental injection for severe asthma cut substantially the need for patients to take problematic oral steroid drugs in a late-stage study, boosting hopes for a medicine that is expected to reach the market later this year. Data from the 28- week Phase III clinical...

  • BERLIN— A survey shows that business confidence in Germany has risen to its highest level in 26 years. The strong showing was slightly above economists' expectations. The Ifo institute said Tuesday that its monthly confidence index, a closely watched indicator for Europe's biggest the economy, rose to 114.6 points for May from 113.0 in April.

  • SHANGHAI, May 23- Hong Kong's benchmark index inched up to a fresh 22- month high on Tuesday, buoyed by strong money flows from mainland China. Hong Kong stocks also continued to benefit from Chinese money inflows via two cross-border investment schemes. Data from brokerage Jefferies Hong Kong Ltd showed Chinese investors spent a net HK $12 billion buying Hong...