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Wires

  • SHANGHAI, June 23- Hong Kong shares were little changed on Friday, and roughly flat for the week, amid concerns that MSCI's decision this week to include China- listed shares to its emerging market benchmark could weaken the city's role as a gateway to investing in China. In the previous session, their shares dropped on news the banking regulator had ordered checks...

  • SYDNEY, June 23- Copper rallied late on Friday as the dollar weakened, forcing shorts to cover positions ahead of the weekend, while zinc fell on profit-taking following this week's surge on supply concerns. *COPPER: London Metal Exchange copper rallied by 1.4 percent to $5,820 a tonne by 0753 GMT. *Shanghai Futures Exchange copper rallied 1.5 percent to 46,690...

  • *Moody's rates France Aa2 with stable outlook. Moody's-- one of the big three ratings firms-- is set to publish its review for its Aa2 rating for France, for which it currently has a stable outlook, after European markets close. Macron, who beat far-right leader Marine Le Pen in May's presidential run-off, has pledged to tackle one of the main hurdles to France's ailing...

  • LONDON— A closely watched survey shows that economic growth across the 19- country eurozone has slipped back in June to a five-month low but that the region still enjoyed its best quarter for more than six years. Financial information firm IHS Markit says its eurozone composite purchasing managers' index, a broad gauge of economic activity across the...

  • LONDON, June 23- World stocks were poised to eke out slim gains for the week on Friday as a tentative recovery in oil prices spurred investors to hunt for bargains in the beaten-down energy sector and helped commodity-related currencies gain against the dollar. Crude oil pulled away from this week's 10- month lows, although prices were still set for their worst...

  • TOKYO— Money-losing Japanese electronics and nuclear company Toshiba Corp. has until Aug. 10 to get auditors to sign off on its earnings statements, or else it faces the risk of getting delisted. Tokyo- based Toshiba, whose U.S. nuclear unit Westinghouse Electric Co. filed for bankruptcy protection in March, said Friday it got an extension from an earlier June...

  • EXCLUSIVE-JEFFERIES HIRED TO WORK ON URUGUAY'S MEGA PHARMA BOND OFFERING, STOCK MARKET DEBUT, SOURCES SAY.

  • EXCLUSIVE-BILLIONAIRE STRUENGMANN FAMILY HIRES JEFFERIES TO EXPLORE ALTERNATIVES FOR URUGUAY'S MEGA PHARMA, SOURCES SAY.

  • SAO PAULO, June 23- The billionaire owners of Uruguay's Mega Pharma SA have hired Jefferies LLC to explore alternatives for Latin America's No. 4 pharmaceutical company, which could include debut bond and stock offerings, two people with knowledge of the matter said. Both the Struengmanns and Mega Pharma, which has $1 billion in annual revenue and 10 factories...

  • *Filing extension moves deadline to Aug 10. TOKYO, June 23- Crisis-wracked Toshiba Corp suffered further indignities on Friday, estimating bigger losses for the past financial year and getting demoted to the second section of the Tokyo Stock Exchange. With negative shareholder equity confirmed, the Tokyo Stock Exchange said it would move Toshiba's listing to...

  • SEOUL, June 23- Korea Gas Corp will early next month receive its first liquefied natural gas cargo under a long-term supply deal with U.S. exporter Cheniere Energy, two sources at the South Korean company said on Friday. The 74,000- tonne LNG cargo was loaded from Cheniere's Sabine Pass export terminal in Louisiana and is scheduled to arrive at the port of...

  • PARIS, June 23- The dollar dipped to a four-day low against major currencies on Friday and the euro rose on the recent raft of robust data. The European Central Bank is deciding when and how quickly to wind back its expansive quantitative easing program. "With the debate over ECB QE policy heating up, expect the euro to be much more sensitive to data surprises," wrote...

  • June 23- Facebook Inc is launching a UK program to train and fund local organizations to combat extremist material online, as internet companies attempt to clamp down on hate speech and violent content on their services. Facebook, which outlined new efforts to remove extremist and terrorism content from its social media platform last week, will launch the...

  • But on Aug. 21, local officials expect this lookout point just outside the small town of Madras to be crammed with people from around the world, all hoping for the first glimpse of the moon's shadow as it crosses Mount Jefferson's snow fields. The first coast-to-coast total solar eclipse to cross the continental United States in 99 years will first be visible in...

  • BERLIN, June 23- German carmaker Volkswagen has agreed to buy back diesel cars equipped with illicit emissions control software after deciding not to appeal a German court ruling backing plaintiffs' calls for compensation. Consumer agencies across Europe have been pushing for compensation for Volkswagen drivers who bought diesel cars on the strength of...

  • *Anxiety that India has lost diplomatic ground. *India pushing to buy surveillance drones from U.S. Trump met Chinese President Xi Jinping in April and has also had face time with the leaders of nations including Japan, Britain and Vietnam since taking office in January, prompting anxiety in New Delhi that India is no longer a priority in Washington.

  • GENEVA— Switzerland's financial markets authority says it has taken action in two cases of insider trading and market manipulation, seizing illegal profits. The authority, FINMA, said Friday that 1.4 million Swiss francs in ill-gotten profits were seized from a former corporate board member who "repeatedly and systematically flouted the ban on using...

  • Now comes his next challenge— persuading enough Republicans to back the measure and avert a defeat that would be shattering for President Donald Trump and the GOP. "I am very supportive of the Senate# HealthcareBill. Shortly after the 142- page bill was distributed, more than a half-dozen GOP lawmakers signaled concerns or initial opposition.

  • The USDA had "recurring concerns about the safety of the products intended for the American market," after increasing tests on Brazilian beef in March, according to a statement. The USDA's action threatens the reputation of meat from Brazil, the world's top exporter of beef and poultry, even though the United States is not a top customer. "Product was already on the...

  • LONDON, June 23- Another wobble in commodity-related shares saw UK bluechips extend their underperformance against continental European peers on Friday. Friday marked the one-year anniversary of Britons voting to leave the EU which sent sterling, UK and European stocks into a tailspin. While stocks have recovered sharply from their slump in the immediate...