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  • BEIJING, April 20- London aluminum and nickel prices fell for a second day on Friday as a rally driven by fears of supply disruptions caused by U.S. sanctions on Russia's United Company Rusal, the world's second-biggest aluminum producer, lost momentum. Aluminum is on track for a weekly rise of 6.3 percent in London and is up 21 percent so far this month.

  • BEIJING, April 20- London aluminium and nickel prices fell for a second day on Friday as a rally driven by fears of supply disruptions caused by U.S. sanctions on Russia's United Company Rusal, the world's second-biggest aluminium producer, lost momentum. Aluminium is on track for a weekly rise of 6.3 percent in London and is up 21 percent so far this month.

  • LONDON/ CHICAGO, April 20- Procter& Gamble's $4.2 billion deal for Merck's vitamin and supplements business is the latest example of a major consumer company stocking up on health-related products. Just last month, cleaning product maker Clorox Co agreed to buy multivitamin company Nutranext for $700 million. The vitamins and supplements sector is...

  • South Korea's Kospi lost 0.3 percent to 2,478.38 while Hong Kong's Hang Seng index fell 0.4 percent to 30,579.54. Stocks in Taiwan, Singapore and Indonesia also declined. APPLE SUPPLIERS: Taiwan Semiconductor Manufacturing Co. plunged 5.5 percent in Taiwan after the key Asian Apple supplier gave a lower-than-expected revenue forecast for the second...

  • SHENZHEN, China— As trade disputes simmer, Chinese telecommunications giant Huawei, the No. 3 smartphone brand, is shifting its growth efforts toward Europe and Asia in the face of mounting obstacles in the U.S. market. The order cited Huawei and its Chinese rival ZTE by name. Huawei's struggles in the United States are in contrast to its booming business in...

  • WASHINGTON, D.C. Bank of England Governor Mark Carney participates in IMF meetings. WASHINGTON, D.C. Bank of Canada Senior Deputy Governor Carolyn A. Wilkins participates in panel discussion at International Monetary Fund and Toronto Centre 1525 GMT. WASHINGTON, D.C. Central Bank of Sweden Governor Stefan Ingves and Deputy Governor Per Jansson participate in...

  • WASHINGTON, D.C. Bank of England Governor Mark Carney participates in IMF meetings. WASHINGTON, D.C. Bank of Canada Senior Deputy Governor Carolyn A. Wilkins participates in panel discussion at International Monetary Fund and Toronto Centre 1525 GMT. WASHINGTON, D.C. Central Bank of Sweden Governor Stefan Ingves and Deputy Governor Per Jansson participate in...

  • Freeland spoke after Washington talks with U.S. Although the ministers are pressing for a quick deal to avoid clashing with a July 1 presidential election in Mexico, major differences remain on several U.S. demands. In particular, Canada and Mexico have struggled with the U.S. insistence for tougher automotive rules of origin, which dictate how much North...

  • April 19- Consumer activists and technology experts are advising consumers to hold off on buying Android handsets from China's ZTE until the company clarifies whether U.S. sanctions against the company prevent it from providing operating system updates for its devices. The U.S. Commerce Department on Monday banned U.S. companies from providing components,...

  • *U.S. shares dragged down by Apple, Philip Morris. *Oil prices settle after 3- year peaks on report Saudis want higher prices. NEW YORK, April 19- Tobacco and tech stocks dragged down Wall Street on Thursday, while oil prices softened and other commodities walked back huge gains after a wild ride.

  • *OPEC, non- OPEC panel finds oil glut virtually eliminated-sources. A global oil glut has been virtually eliminated, according to a joint OPEC and non- OPEC technical panel, two sources familiar with the matter said, thanks in part to an OPEC- led supply cut deal in place since January 2017. The global benchmark touched $74.75 a barrel, its highest since Nov. 27, 2014- the...

  • WASHINGTON, April 19- Canadian, Mexican and U.S. ministers seeking to revamp the NAFTA trade deal have made good progress on the vital question of autos content, Canadian Foreign Minister Chrystia Freeland said on Thursday as pressure to wrap up a deal intensified. Although Lighthizer is pressing for a quick deal to avoid clashing with a July 1 presidential...

  • *U.S. shares dragged down by Apple, Philip Morris. NEW YORK, April 19- Wall Street stocks fell on a broad-based slump in technology stocks and a tumble in consumer staples on Thursday, while oil prices softened and other commodities went on a wild ride. "I do think we could see $70 pretty quick, but I want to caution that maybe we'll see the market level out a little bit in a...

  • OTTAWA, April 19- Canada is still talking to Kinder Morgan Canada Ltd about financial aid for a pipeline, Natural Resources Minister Jim Carr said on Thursday, a day after the company said such help might not be enough. The chairman of parent company Kinder Morgan Inc said the offer would not help resolve resistance in the Pacific province of British Columbia,...

  • NEW YORK, April 19- The dollar gained against a basket of currencies on Thursday on higher U.S. bond yields and expectations of more rate increases from the Federal Reserve, while sterling fell to a near two-week low on perceived dovish remarks from the head of the Bank of England. This has reduced the appeal of the euro, yen, pound and other currencies which have...

  • NEW YORK/ LONDON, April 19- Rare disease drug maker Shire Plc said on Thursday it had rejected a $63 billion cash-and-stock acquisition offer by Japan's Takeda Pharmaceutical Co Ltd, while Allergan Plc reversed course on pursuing a rival bid. Later on Thursday, Allergan Chief Executive Brent Saunders decided to drop his pursuit of London- listed Shire after...

  • But Trudeau, in London for a meeting of Commonwealth leaders, said he would continue to stand up for the needs of Canada. CNBC reported on Wednesday that the United States hopes to reach a deal on the revamped North American Free Trade Agreement with Mexico and Canada over the next three weeks. Trudeau said the talks were influenced by the timing of a presidential...

  • But Trudeau, in London for a meeting of Commonwealth leaders, said he would continue to stand up for the needs of Canada. CNBC reported on Wednesday that the United States hopes to reach a deal on the revamped North American Free Trade Agreement with Mexico and Canada over the next three weeks. Trudeau said the talks were influenced by the timing of a presidential...

  • JOHANNESBURG, April 19- South Africa's President Cyril Ramaphosa has cut short his visit to Britain by a day to return home to deal with protests in the country's North West province, his office said on Thursday. The protests erupted on Wednesday with residents demanding that the province's Premier Supra Mahumapelo step down. He was due to return to South Africa...

  • LONDON, April 19- Canadian Prime Minister Justin. But Trudeau, in London for a meeting of Commonwealth leaders, said he would continue to stand up for the needs of Canada. CNBC reported on Wednesday that the United States hopes to reach a deal on the revamped North American Free Trade Agreement with Mexico and Canada over the next three weeks.