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  • SINGAPORE, June 18- Asia's naphtha crack for first-half August hit $77.32 a tonne on Monday, making it the lowest front-month value in nearly two months as supplies were expected to increase.- Around 1.4 million tonnes of the fuel, which is used in the petrochemical industry and also to blend with petrol, are expected to land in Asia in July, the highest monthly level...

  • RAPID CITY, S.D.— Delta Air Lines recently created a special flight to help a group of Belgian tourists reach their South Dakota vacation after experiencing travel delays. Delta spokeswoman Adrian Gee said the two options were accommodating the passengers in hotels that night, followed by an eight-hour bus ride to Rapid City, or something quicker.

  • *Markets see less than 30 pct chance of June 2019 rate rise. LONDON, June 14- Euro zone bond yields tumbled and the euro headed for its biggest daily loss versus the dollar in eight months on Thursday after the European Central Bank indicated it would not be raising interest rates through the summer of 2019.. The ECB now plans to reduce monthly asset purchases...

  • LONDON, June 14- The euro slumped more than half a percent on Thursday after the European Central Bank said it would keep interest rates at record lows through the summer of. After initially rallying nearly half a percent higher to $1.1853, the single currency fell to the day's lows at $1.1718-- marking an intraday range of one percent as some analysts were...

  • *Brazil trucker strike pain more than expected. LONDON, June 14- Unilever is "extremely unlikely" to stay in Britain's FTSE 100 blue chip share index after the consumer products company moves its headquarters to the Netherlands. The group said the strike in Brazil last month- which prevented all deliveries to factories or stores for 11 days- would reduce...

  • TOKYO— Technology companies are racing to develop ultra-precise digital maps that can guide self-driving cars within inches of where they should be— a hurdle the industry needs to clear if it hopes to deliver on its promise of widespread use of driverless vehicles. Japan's government is backing a three-dimensional mapping system developed by Mitsubishi...

  • *Shares surge to 480 euros from 240 euro IPO price. AMSTERDAM, June 13- Shares in Adyen,, which handles the payments backend for Netflix, Facebook and eBay, doubled on Wednesday in a market debut reminiscent of the 1999 tech bubble. After a highly sought initial public offering, shares in the Dutch company had been priced on Tuesday at 240 euros, the top of their...

  • AMSTERDAM, June 13- Shares in Adyen,, which handles the payments backend for Netflix, Facebook and eBay, surged more than 70 percent at the start of trading on Wednesday following its initial public offering. Shares had been priced on Tuesday at 240 euros, the top of their indicated range, suggesting a market capitalization of 7.1 billion euros.

  • AMSTERDAM, June 12- Adyen, the Dutch fin-tech company whose payments processing technology is used by Facebook, Netflix and eBay, said on Tuesday its shares had been priced at the top of the indicated range in its initial public offering, valuing the company around 7.1 billion euros. Adyen is debt-free and profitable, and its listing is seen as one of the most...

  • BRUSSELS/ STOCKHOLM, June 12- Deutsche Telekom faces a four-month investigation into its bid to buy the Dutch business of Swedish peer Tele2 after EU antitrust regulators voiced concerns about the deal. "We are opening this in-depth investigation to ensure, that the proposed transaction between T-Mobile NL and Tele2 NL will not lead to higher prices or less...

  • BRUSSELS, June 12- Christian Louboutin's battle to protect the distinctive red soles on the shoes he designs got a boost on Tuesday when the European Union's top court said their red colour was separate from the shape of the soles, which is usually not protected under EU trademark law. The judges at the Court of Justice of the European Union did not follow the...

  • LONDON, June 12- High U.S. aluminium premiums and weaker returns from storage financing deals are likely to lure more metal onto the market from hidden inventories. The additional material flowing from these unregulated storage areas could help to fill a gap and supply industrial consumers if U.S. sanctions on Russia's Rusal remain. An influx of material,...

  • LONDON, June 12- High U.S. aluminum premiums and weaker returns from storage financing deals are likely to lure more metal onto the market from hidden inventories. The additional material flowing from these unregulated storage areas could help to fill a gap and supply industrial consumers if U.S. sanctions on Russia's Rusal remain. An influx of material,...

  • BRUSSELS/ STOCKHOLM, June 12- Deutsche Telekom is set to face a four-month investigation by EU antitrust regulators into its bid to buy the Dutch business of Swedish peer Tele2, two people familiar with the matter said on Tuesday. The move by the European Commission underscores its hard line against telecoms deals in markets where the number of players would be...

  • BRUSSELS, June 12- Christian Louboutin's battle to protect his trademark red soles was given a lift on Tuesday when the European Union's top court said they did not consist exclusively of a shape, which are usually not protected under EU trade mark law. The judges at the Court of Justice of the European Union did not follow the advice of the advocate general who...

  • LONDON, June 8- Lead prices slumped on Friday after inventories rose, a sign that shortages in China were starting to ease. The gains were largely fueled by worries about shortages in China due to rolling environmental inspections on the secondary lead processing sector that resulted in some smelter closures. "Seeing those stock cancellations reverse is a sign...

  • SINGAPORE, June 8- Asia's naphtha crack fell for a fourth straight session to $80.68 a tonne on Friday, making this the lowest front-month value since April 26 as strong oil prices dragged.- However, fundamentals were strong as demand was firm and these were reflected in the spot premiums.- SK Energy, for instance, bought naphtha for second-half July delivery at...

  • Britain is due to leave the EU on March 29, 2019, and the bloc is frustrated with what it sees as a lack of firm proposals from the U.K about future relations. May's Conservative government is split between ministers who favor a clean-break "hard Brexit"— leaving Britain freer to strike new trade deals around the world— and those who want to keep closely aligned to the...

  • AMSTERDAM, June 4- British financial technology startup Revolut plans to apply for a banking license in the United States, Chief Executive Officer Nikolay Storonsky said on Monday. It plans to launch services in the United States this summer with a banking partner, Storonsky said. Other financial technology companies seeking banking licenses in the United...

  • Kristo Kaarmann also said he has no current plans to carry out a public listing.