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World Economy International Organizations

  • Traders predicted prices would hold near current levels ahead of Monday's meeting between key OPEC and non- OPEC producers in St. Petersburg, Russia. On Tuesday, Reuters reported the country was committed to working with other countries to draw down stocks, taking into account the surprising increase in production from OPEC members Nigeria and Libya.

  • BRUSSELS/ LONDON, July 20- The European Union and Britain offered few compromises at their first full round of Brexit talks which ended on Thursday, and the pound fell on worries that British ministers were prepared to walk away without a divorce deal. While negotiators laid out their disagreements in Brussels, Prime Minister Theresa May met company bosses at...

  • WASHINGTON/ OTTAWA, July 20- Top Canadian and Mexican diplomats expressed optimism on Thursday that a NAFTA deal could be reached early next year and cautioned that widespread uncertainty over the future of the three-way trade agreement had slowed business investment. Mexico's ambassador to the United States, Geronimo Gutierrez, said his country wanted to...

  • Traders predicted prices would hold near current levels ahead of Monday's meeting between key OPEC and non- OPEC producers in St. Petersburg, Russia. On Tuesday, Reuters reported the country was committed to working with other countries to draw down stocks, taking into account the surprising increase in production from OPEC members Nigeria and Libya.

  • *Britain to leave bloc in 2019, deal or no deal. BRUSSELS, July 20- British and EU chief negotiators laid out their opening positions in a first full round of Brexit talks that confirmed some common ground on how Britain will leave the European Union, but little compromise on key disputes. David Davis and Michel Barnier said on Thursday that four "constructive" days...

  • *Britain to leave bloc in 2019, deal or no deal. BRUSSELS, July 20- British and EU chief negotiators laid out their opening positions in a first full round of Brexit talks that confirmed some common ground on how Britain will leave the European Union, but little compromise on key disputes. David Davis and Michel Barnier said on Thursday that four "constructive" days...

  • *Britain to leave bloc in 2019, deal or no deal. BRUSSELS, July 20- British and EU chief negotiators laid out their opening positions in a first full round of Brexit talks that confirmed some common ground on how Britain will leave the European Union, but little compromise on key disputes. David Davis and Michel Barnier said on Thursday that four "constructive" days...

  • *Britain to leave bloc in 2019, deal or no deal. BRUSSELS, July 20- British and EU chief negotiators laid out their opening positions in a first full round of Brexit talks that confirmed some common ground on how Britain will leave the European Union, but little compromise on key disputes. David Davis and Michel Barnier said on Thursday that four "constructive" days...

  • *U.S. crude stocks, high OPEC supplies pressure market. LONDON, July 20- Brent crude oil rose above $50 per barrel for the first time since early June on Thursday, adding to gains made the previous session when falling U.S. crude and oil product inventories lifted the market. Brent futures, the international benchmark for oil prices, stood at $50.10 at 1257 GMT, 40 cents...

  • LONDON, July 20- U.S. bank Citigroup said on Thursday that it may need to create 150 new jobs in the European Union to deal with the impact of Britain leaving the bloc, as it confirmed it would headquarter its EU trading operations in Frankfurt. Citi is one of several banks opting to build up a subsidiary in Frankfurt so that its trading operations in the EU can...

  • LONDON, July 20- U.S. bank Citigroup said on Thursday that it may need to create 150 new jobs in the European Union to deal with the impact of Britain leaving the bloc, as it confirmed it would headquarter its EU trading operations in Frankfurt. In a memo to staff Jim Cowles, the bank's head of Europe, Middle East and Africa, said the bank also planned to build up its...

  • Benchmark copper on the London Metal Exchange was up 0.2 percent at $5,972 at 1045 GMT, close to Monday's high of $6,022.50- the first rise above $6,000 since March 2. "There's still a halo effect from the stronger-than-expected Chinese numbers," ETF Securities analyst Nitesh Shah said. CHINA ECONOMY: The Asian Development Bank raised its 2017 and 2018 growth...

  • *Brent, WTI futures held below $50 a barrel. *U.S. crude stocks, high OPEC supplies pressure market. Brent crude futures, the international benchmark for oil prices, stood at $49.72 per barrel at 0939 GMT, 2 cents up from their last settlement.

  • *U.S. crude stocks, high OPEC supplies pressure market. SINGAPORE, July 20- Oil prices held steady on Thursday, hanging on to gains made the previous session when falling U.S. crude inventories lifted the market, as analysts offered mixed supply outlooks for the commodity ahead of a key OPEC meeting next week. Crude oil prices are still capped below the $50-...

  • U.S. crude stocks, high OPEC supplies pressure market. SINGAPORE, July 20- Oil prices held steady on Thursday, hanging on to gains made the previous session when falling U.S. crude inventories lifted the market, as analysts offered mixed supply outlooks for the commodity ahead of a key OPEC meeting next week. Crude oil prices are still capped below the key $50-...

  • *Ultra-Orthodox to make up a third of population by 2065. *Israel's labor productivity below most OECD countries. BNEI BRAK, Israel, July 19- Chaim Rachmani spends his days studying Jewish religious texts in the Israeli town of Bnei Brak, whose crowded streets brush up against the office towers of Tel Aviv.

  • U.S. crude stocks, high OPEC supplies pressure market. SINGAPORE, July 20- Oil prices held steady on Thursday, hanging on to gains made the previous session when falling U.S. crude stocks lifted the market, as analysts offered mixed supply outlooks for the commodity ahead of a key OPEC meeting next week. Crude oil prices are still capped below the key $50- per-barrel...

  • SINGAPORE, July 20- Oil prices held steady on Thursday following solid gains the previous day when falling U.S. fuel inventories lifted the market. However, Brent crude oil prices remain below the key $50 per barrel mark on concerns about high supplies from producer club OPEC despite a pledge to cut output in a bid to tighten the market. Brent crude futures, the...

  • Negotiators fear the renegotiation process could become a political punching bag in Mexico due to President Donald Trump's repeated swipes at Mexico and as Andres Manuel Lopez Obrador from the leftist National Regeneration Movement party leads a number of early polls for next year's election. He argues it has fueled a trade deficit with Mexico and cost...

  • GENEVA, July 19- The tobacco industry continues to subvert government attempts to prevent tobacco-related deaths, the World Health Organization said on Wednesday in a fresh call to counter corporate lobbying and litigation. Countries with partly state-owned tobacco companies, such as Japan which has a stake in Japan Tobacco Inc, should "firewall" their...