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  • STOCKHOLM- Riksbank executive board meeting 0700 GMT. NEW YORK- Federal Reserve Bank of Cleveland President Loretta Mester participates in global regulatory structure panel before conference, "The Future of Global Finance: Populism, Technology and Regulation"- 1800 GMT. OTTAWA- Bank of Canada key policy Interest rate announcement and Monetary Policy Report...

  • ZUG, Switzerland/ NEW YORK, Oct 18- Just three months ago, a tech project called Tezos raised $232 million online in a wildly successful "initial coin offering," in which new digital currency is parceled out to buyers. The acrimonious dispute pits Tezos' two young founders Arthur and Kathleen Breitman against Johann Gevers, the president of a Swiss foundation the...

  • ZUG, Switzerland/ NEW YORK, Oct 18- Just three months ago, a tech project called Tezos raised $232 million online in a wildly successful "initial coin offering," in which new digital currency is parceled out to buyers. The acrimonious dispute pits Tezos' two young founders Arthur and Kathleen Breitman against Johann Gevers, the president of a Swiss foundation the...

  • LONDON— British Prime Minister Theresa May has denied treating European Union citizens in Britain as bargaining chips in Brexit negotiations. Talks between EU and British negotiators have stalled over several issues, including the future status of the 3 million EU citizens in Britain and the 1 million Britons in other EU countries. She says Britain and the EU...

  • *Kirkuk- Ceyhan pipeline oil flow falls to 225,000 bpd- source. *Iraq crisis, U.S.- Iran tensions raise supply concerns. Brent crude futures settled up 27 cents to $58.15 a barrel, off the three-week high of $58.54 a barrel hit earlier on worries about ongoing tensions around oil-rich Iraq and Iran.

  • *SEC charges Rio Tinto and top executives with fraud. *Executives concealed problems with Mozambique assets- SEC. *Company raised money while misinforming the market- SEC.

  • Oct 18- Canada's Bank of Nova Scotia is exploring options for its gold business ScotiaMocatta, including a possible sale of the world's oldest gold trader, three sources familiar with the matter said on Wednesday. The Financial Times reported earlier on Wednesday that Scotiabank had made a decision to sell the business following a massive money laundering...

  • MOSCOW, Oct 18- Glencore will swap its 8.75 percent stake in Russian aluminium giant Rusal for shares in En+ Group, an aluminium and hydropower group controlled by tycoon Oleg Deripaska, En+ said on Wednesday. En+ Group plans to raise $1.5 billion in an initial public share offering in London and Moscow in November, testing investors' appetite for Russian assets...

  • *Exports from Ceyhan more than halve. LONDON/ BAGHDAD, Oct 18- Iraq's Kurdistan's oil exports more than halved on Wednesday in the first major supply disruption since the independence referendum last month as Iraqi military retook some of the biggest fields from Kurdistan's Peshmerga forces. Kurdish oil exports from the Mediterranean port of Ceyhan have...

  • *FTSE 100 up 0.4 pct. *FTSE 250 up 0.6 pct to a record close. LONDON, Oct 18- British mid-caps jumped to a record closing level on Wednesday as investors grew more comfortable with the smaller, more domestically-focused stocks, while the FTSE 100 held its ground as third quarter earnings trickled in.

  • LONDON, Oct 18- The U.S. shale industry will see another production surge in 2018 as producers have sharply ramped up bets against a fall in oil prices, major oil executives and bankers said in London on Wednesday. Patrick Pouyanne, the chief executive of Total, speaking at the Oil& Money conference in London, said he expected global oil demand to grow strongly again...

  • Oct 18- U.S. crude oil inventories slumped last week as production fell sharply after Hurricane Nate hit the Gulf of Mexico, while refining rates were down sharply as autumn maintenance season ramped up, the Energy Information Administration said on Wednesday. "The recent hurricanes- Harvey, Irma, and Nate- continue to have an outsized impact on the U.S. energy...

  • LONDON, Oct 18- Former bosses of Lloyds Banking Group used "spin and sales puff" to win over investors and secure a "disastrous" acquisition of rival HBOS during the credit crisis, a lawyer for thousands of shareholders told London's High Court on Wedesday. On the first day of a 14- week London trial, the claimant's lawyer Richard Hill told the court that the deal saved...

  • A day of modest gains on Wall Street resulted in more milestones for U.S. stocks Wednesday as the Dow Jones industrial average closed above 23,000 points for the first time. Strong quarterly results drove IBM shares to their biggest one-day gain since 2009. "For us it's just another indication that it is a strong market here, year-to-date," said Paul Springmeyer,...

  • LONDON, Oct 18- The U.S. shale industry will see another wave of investment as producers are betting strongly against a fall in oil prices, the chief executive of Total said on Wednesday. Ian Taylor, chief executive of Vitol, the world's largest oil trader, echoed that view at the conference on Wednesday, saying he sees Brent crude falling to $45 a barrel in the next...

  • LONDON, Oct 18- BP is targeting smaller and wider-ranging investments in renewable energy to avoid large losses in the sector like those it suffered earlier in the decade, Chief Executive Bob Dudley said on Wednesday. BP made a number of large investments in solar power, wind farms in the United States, carbon-capturing technology and biofuels in the 2000 s under...

  • LONDON, Oct 18- Zinc hit a 10- year price peak of $3,308.75 a tonne on the London market this month but on Wednesday London Metal Exchange three-month metal touched a low of $3,040 after a precipitous 3.1 percent slide the previous day. With further upside barred by profit-takers and producers' forward selling, investors have scrambled for the exit.

  • FRANKFURT/ LONDON, Oct 18- A major German banking lobby said on Wednesday new European regulations aimed at protecting consumers were too costly and too invasive. The European Union rules, known as MiFID II, were born in the wake of the financial crisis and change how stocks and bonds are traded by increasing transparency. Michael Kemmer, general manager of the...

  • *UK law limits claims to value of lost income or property. LONDON, Oct 18- The bill for compensating families of those who died in the Grenfell Tower fire in London may be as low as 4 million pounds, according to several lawyers and a Reuters analysis of how damages laws apply in England. While similar disasters in the United States have led to massive payouts, any...

  • LONDON, Oct 18- The U.S. shale industry will see another wave of investment as producers are betting strongly against a fall in oil prices, the chief executive of Total, Patrick Pouyanne, said on Wednesday. Pouyanne, speaking at the Oil& Money conference in London, said he expected global oil demand to grow strongly again this year, by up to 1.6 million barrels per day.