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  • Britain's Chancellor of the Exchequer Philip Hammond and Chinese Vice Premier Ma Kai (C) pose with delegates for a group photo during the UK-China Economic Financial Dialogue at the Diaoyutai State Guesthouse in Beijing on December 16, 2017.

    China and Britain have vowed to continue and strengthen cooperation on a wide range of economic, financial and trade issues.

  • ZURICH, Dec 16- Roche's patent dispute with London- listed Shire over the Swiss drugmaker's new hemophilia drug Hemlibra has escalated, with Shire filing a new motion in a U.S. court that Roche says aims to stop some patients from getting its medicine. The patent dispute at the U.S. district court of Delaware underscores Hemlibra's potential to take business from...

  • ZURICH, Dec 16- Roche's patent dispute with London- listed Shire over the Swiss drugmaker's new haemophilia drug Hemlibra has escalated, with Shire filing a new motion in a U.S. court that Roche says aims to stop some patients from getting its medicine. The patent dispute at the U.S. district court of Delaware underscores Hemlibra's potential to take business...

  • BEIJING, Dec 16- China and Britain have vowed to continue and strengthen cooperation on a wide range of economic, financial and trade issues, including speeding the introduction of a London- Shanghai stock connect programme. The statement comes as China, in an unusual step, accused the United States and the European Union of breaking promises that they made when...

  • BEIJING— Britain and China pledged Saturday to promote London as a center for offshore use of Beijing's currency and cooperate in clean energy research and promoting trade as the United Kingdom prepares to leave the European Union. Officials announced the agreements following an economic dialogue led by Britain's finance minister, Philip Hammond, and a...

  • BEIJING, Dec 16- British finance minister Philip Hammond said on Saturday it is likely Britain will want to negotiate a bespoke arrangement for a future trade deal with the European Union, rather than copying existing arrangements like the Canada-EU deal. Summit chair Donald Tusk said the world's biggest trading bloc would begin "exploratory contacts" with...

  • BEIJING, Dec 16- British finance minister Philip Hammond said on Saturday it is likely Britain will want to negotiate a bespoke arrangement for a future trade deal with the European Union, rather than copying existing arrangements like the Canada-EU deal. Summit chair Donald Tusk said the world's biggest trading bloc would begin "exploratory contacts" with...

  • BEIJING, Dec 16- China and Britain have vowed to continue and strengthen cooperation on a wide range of economic, financial and trade issues, including speeding the introduction of a London- Shanghai stock connect programme. The statement comes as China, in an unusual step, accused the United States and the European Union of breaking promises that they made when...

  • BEIJING, Dec 16- British Finance Minister Philip Hammond said it is likely Britain will want to negotiate a bespoke arrangement for future trade deals with the European Union. Speaking at a press conference in Beijing on Saturday with Chinese Vice Premier Ma Kai and Chinese Vice Finance Minister Shi Yaobin, Hammond said he expected that the United Kingdom...

  • BEIJING, Dec 16- China and the United Kingdom vowed to continue and strengthen cooperation on a wide range of economic, financial and trade issues, the British government said on Saturday in a statement following talks in Beijing between the U.K. finance minister Philip Hammond and Chinese officials. Both countries opposed trade protectionism and reaffirmed...

  • CHINA, UK AGREE TO ACCELERATE FINAL PREPARATIONS AND REVIEW TIMELINE FOR LONDON- SHANGHAI STOCK CONNECT- STATEMENT.

  • Dec 15- Unilever has agreed to sell its margarine and spreads business to U.S. private equity firm KKR for 6.83 billion euros to concentrate on faster growing products. The brands to be sold include Becel, Flora, Country Crock and Blue Band. "The announcement today marks a further step in reshaping and sharpening our portfolio for long-term growth," said Chief...

  • For years, the X-Men and the Fantastic Four have battled bad dudes from the studios of 20th Century Fox. THE MOUSE THAT ATE THE FOX. The combined company will account for more than a third of theatrical revenues in the U.S. and Canada, an $11 billion business last year, not to mention a huge chunk of the global theater-going pie, according to Daniel Ives, chief strategy...

  • NEW YORK, Dec 15- Shares gained worldwide on Friday and Wall Street notched closing record highs on U.S. tax legislation optimism, while the U.S. yield curve turned its flattest in a decade after the Federal Reserve hiked interest rates this week. The European Central Bank and the Bank of England held off on hikes. Wall Street equities closed sharply higher as...

  • NEW YORK, Dec 15- Venezuela is more likely to default on its sovereign bonds than on those of state-run oil company PDVSA given how essential the latter's cash flow is to the country's fortunes, bondholders and legal experts have said. Both asset classes cratered last month after President Nicolas Maduro told creditors that Venezuela wanted to restructure its...

  • *OPEC- led cuts being undermined by U.S. output rises. NEW YORK, Dec 15- Oil prices were mixed on Friday, lingering below two-year highs as the continuing outage of a North Sea pipeline gave support, while climbing U.S. output and weak gasoline demand kept a lid on gains. Brent crude futures settled down 8 cents or 0.1 percent to $63.23 a barrel.

  • NEW YORK, Dec 15- World shares gained on Friday and Wall Street opened higher on U.S. tax legislation optimism, while the U.S. yield curve hit its flattest in a decade after the Federal Reserve hiked interest rates earlier this week. The European Central Bank and the Bank of England held off on hikes. Wall Street equities sharply rose as U.S.

  • NEW YORK/ LONDON, Dec 15- Gold prices clung to earlier gains and were poised for their first weekly gain in four weeks on Friday, withstanding pressure from strong equities markets on continued support from this week's interest rate rise. Spot gold was up 0.19 percent at $1,255.12 per ounce. recovered from Monday's five-month low of $1,235.92.

  • MOSCOW, Dec 15- The Russian central bank said on Friday it may write off 100 billion roubles in subordinated debt issued by Promsvyazbank to reduce the amount the regulator needs to spend on bailing out the lender. "If you look at previous similar cases in Russia, all subordinated debt holders have been completely wiped out," said Ekaterina Sidorova, a corporate...

  • Dec 15- Unilever has agreed to sell its margarine and spreads business to U.S. private equity firm KKR for 6.83 billion euros to concentrate on faster growing products. The brands to be sold include Becel, Flora, Country Crock and Blue Band. "The announcement today marks a further step in reshaping and sharpening our portfolio for long-term growth," said Chief...