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  • July 16- Ryanair has slashed its growth plans for next summer, blaming delays in deliveries of Boeing's grounded 737 MAX jet, lifting the shares of rival airlines which had feared a surge in new planes would hit ticket prices. Europe's largest budget airline, which has firm orders for 135 of the 737 MAX, is one of Boeing's biggest customers for the plane.

  • SINGAPORE, July 16- Nickel prices on Tuesday jumped to their highest in 11 months as some funds pushed up their purchase of the metal pegged to benefit from the burgeoning electric vehicle industry. Shanghai nickel also touched an 11- month high of 109,710 yuan a tonne during Asian trading hours before paring some of the gains, and ended up 4.1% at 109,460 yuan a...

  • *GRAPHIC: Japan's power mix: https://tmsnrt.rs/2YIfUlX. LAUNCESTON, Australia, July 16- The dilemma facing thermal coal miners is neatly encapsulated by the current dynamics of Japan, where robust short-term demand contrasts with a diminishing long-term outlook. Japan, the world's third-biggest coal importer behind China and India, is planning on returning...

  • The sun sets behind fishing boats at Kuta beach on Indonesia's resort island of Bali on May 1, 2019.

    An undersea earthquake with a magnitude of 6.1 struck south of the Indonesian tourist island of Bali on Tuesday, the European earthquake monitoring agency EMSC said.

  • KUALA LUMPUR, July 15- Malaysia seized more than 1 billion ringgit from a bank account of state-owned China Petroleum Pipeline Engineering over incomplete pipeline projects, Prime Minister Mahathir Mohamad said on Monday. The seizure comes nearly a year after Malaysia suspended two pipeline projects, valued at $2.3 billion, on which CPP was the lead...

  • PRAGUE/ HONG KONG, July 15- Consumer lender Home Credit B.V. on Monday filed for a Hong Kong initial public offering, which two sources said could raise more than $1 billion, just three days after AB InBev shelved the listing of its Asian business. The Prague- based lender, controlled by Czech financial group PPF, plans to go public in late September, one of the sources...

  • LONDON, July 15- Copper prices touched two-week highs on Monday as better than expected industrial output and investment data from top consumer China boosted sentiment, though gains were capped by the protracted U.S.- China trade dispute. Benchmark copper on the London Metal Exchange was up 1.2% at $6,008 a tonne at 1016 GMT. "Copper's fortunes are very much...

  • *China Q2 GDP matches consensus, monthly activity data upbeat. *Europe see-saws but MSCI world creeps to highest since Feb 2018. LONDON, July 15- Surprisingly upbeat economic soundings from China lifted the global markets mood on Monday, pushing world shares towards an 18- month high and steering the Aussie dollar and copper upwards.

  • KUALA LUMPUR, July 15- Malaysia will file a complaint to the World Trade Organization by November to challenge a European Union move to phase out palm oil from being used in transport fuels in the bloc. She added that it would be strategically good for Malaysia to file a joint complaint with Indonesia. This led Malaysia to threaten a WTO challenge to the EU move,...

  • SINGAPORE, July 15- Most industrial metals climbed on Monday on better-than-expected data from major consumer China, while nickel prices were boosted by supply worries from major producer Indonesia. China's June industrial output climbed 6.3% from a year earlier, beating a 5.2% forecast, while January-June fixed-asset investment rose 5.8% from the same...

  • SINGAPORE, July 15- Most industrial metals climbed on Monday on better-than-expected data from major consumer China, while nickel prices were boosted by worries that Indonesia will resume an ore export ban in 2022.. *COPPER: Three-month copper on the London Metal Exchange was up 0.9% at $5,988.50, as of 0335 GMT, while Shanghai copper jumped as much as 0.8% to a...

  • KUALA LUMPUR, July 14- Malaysia has seized more than 1 billion ringgit from a bank account of state-owned China Petroleum Pipeline Engineering Ltd, the Straits Times newspaper said on Saturday. The seizure comes nearly a year after Malaysia suspended two pipeline projects, valued at $2.3 billion, on which CPP was the lead contractor. In 2016, CPP won a contract...

  • LONDON, July 12- Nickel prices touched their highest in three months on Friday on worries that major producer Indonesia will resume an export ban on ore in 2022.. Indonesia relaxed the ban on nickel ore in 2017, but said at the time that it would last only five years and that exports would be restricted again in 2022.. "Of course that wouldn't affect today's...

  • GARA-BOKKA, Ethiopia/ NAIROBI, July 11- A week after Boeing Co offered $100 million to help families and communities affected by the deadly crashes of its 737 MAX planes in Ethiopia and Indonesia, affected farmers in Ethiopia, victims' relatives and the Kenyan and Ethiopian governments say they have not heard anything about the funds. Farmers where an Ethiopian...

  • SINGAPORE/ JAKARTA, July 11- When Resti Novita Sari booked to fly from Jakarta to her hometown of Padang to visit family for the Eid holiday, airfares were 40% to 60% higher than she had paid in previous years. Soaring domestic ticket prices in the world's fifth-biggest domestic aviation market, now a duopoly, led the government in May to order Garuda Indonesia and...

  • BRUSSELS, July 10- The boss of Europe's Ryanair Holdings warned on Wednesday the impact of the prolonged grounding of Boeing Co's 737 MAX on the airline's growth plans may start to spill over to next summer if the airplane is not flying again by November. Europe's largest budget carrier needs up to eight months to take delivery of some 50 newly built planes left at...

  • BRUSSELS, July 10- The boss of Europe's Ryanair Holdings warned on Wednesday the impact of the prolonged grounding of Boeing Co's 737 MAX on the airline's growth plans may start to spill over to next summer if the airplane is not flying again by November. Europe's largest budget carrier needs up to eight months to take delivery of some 50 newly built planes left at...

  • BRUSSELS, July 10- Ryanair may have to trim plans to grow its capacity in the summer of 2020 if the grounded 737 MAX is not flying again by November because of the rate at which it needs to take new deliveries over the winter, its chief executive said on Wednesday. Boeing's top-selling jet has been grounded in the wake of deadly crashes in Ethiopia and Indonesia in the...

  • LONDON, July 10- Industrial metals prices rose on Wednesday after U.S. and Chinese negotiators opened a new round of talks, raising hopes of resolving a year-long trade war, with nickel reaching a three-month high. Benchmark nickel on the London Metal Exchange was up 1.4% at $12,880 a tonne at 0920 GMT after touching $12,970, the highest since April 17.

  • NEW YORK/ LONDON, July 9- Arabica coffee futures on ICE climbed on Tuesday, regaining some ground following steep losses in the previous session as dealers were still evaluating the impact of last weekend's frost in top-grower Brazil, while cocoa prices fell from one-year highs. *The market was still processing last weekend's crop-damaging frost in Brazil, with...