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  • *Kuna firms, Croatia finance minister survives no-confidence vote. BUDAPEST, May 4- The crown eased, while other Central European assets were mixed, after the Czech central bank said on Thursday that the strength of the currency will be a key factor in whether it will need to lift interest rates. Central banks in the European Union's eastern wing have shown no signs...

  • A 55 percent rise in oil prices from a year ago and deep cost cuts boosted cash generation, enabling the Anglo-Dutch company to cover spending and dividend payouts, while reducing debt following its $54 billion acquisition of BG Group last year. Shell remains on track to hit its $30 billion asset disposal programme by 2018 to finance the BG acquisition, selling...

  • MILAN, May 4- Italian banks and asset managers are rushing to tap a 10 billion-euro wave of money expected to flow into small- and mid-caps, as clients seek tax breaks on investments in a government-sponsored plan, potentially creating a bubble. Final details are still missing but that has not stopped a rush that has sent indexes tracking Italy's small-caps to...

  • *Asia stocks lower, after subdued Wall Street. LONDON, May 4- Signs that centrist Emmanuel Macron was heading for victory in France's presidential election and buoyant business confidence helped European shares to a near two-year high on Thursday, despite some wary signals from China and commodity markets. Wall Street looked set to open as much as 0.3 percent...

  • NEW DELHI, May 4- Coal India Ltd, the world's largest coal miner, is considering a listing on the London Stock Exchange and has had early discussions with the LSE, three sources with direct knowledge of the matter said on Thursday. A listing by the state-controlled miner would be a boost for the LSE as it looks to attract companies following Britain's vote to leave...

  • *Traders point to nerves over China, commodity price falls. LONDON, May 4- The euro surged towards 6- month highs around $1.0950 on Thursday as support for the dollar from Wednesday's Federal Reserve statement faded and investors took heart from French centrist Emmanuel Macron's performance in a TV presidential debate. "There have been some technical factors...

  • Sanjeev Gupta's Liberty House, which operates together with energy and commodities business SIMEC under the $9.4 billion Gupta Family Group Alliance, hit the headlines last year when it offered to rescue steel plants owned by Tata Steel UK (TISC.NS> that were on the verge of shutdown. It is also bidding for Australian steel producer Arrium, U.S. iron ore...

  • BRUSSELS, May 4- The European Commission is considering as a possible option the relocation of a big chunk of derivative clearing from London to the European Union after Britain leaves the bloc, but no decision has been taken yet, a top official said on Thursday. "At this stage we are not jumping to conclusions," Valdis Dombrovskis told a news conference.

  • *London shares rise more than 3 percent. HONG KONG/ LONDON, May 4- HSBC Holdings Plc reported a better than expected first-quarter profit and capital position on Thursday, benefiting from an improved performance from its core operations and the return of cash from its U.S. unit. HSBC's shares rose 3 percent in London on Thursday, outperforming a 1 percent rise in the...

  • *Kuna steady though snap elections are possible in Croatia. BUDAPEST, May 4- Central European currencies eased slightly on Thursday after hawkish comments from the Federal Reserve and ahead of a likely decision by the Czech central bank to keep interest rates on hold. Central banks in the European Union's eastern wing have shown no signs that a rebound in...

  • *Asia stocks lower, after subdued Wall Street, Europe performance. *U.S. House expected to vote on Obamacare repeal bill on Thursday. LONDON, May 4- Signs that centrist Emmanuel Macron was heading for victory in France's presidential election and reassuring results from HSBC pushed European shares to a near two-year high on Thursday, despite some wary signals...

  • PARIS, May 4- Societe Generale avoided a costly and potentially embarrassing court case on Thursday by agreeing to pay nearly 1 billion euros to settle a long-running dispute with the Libyan Investment Authority. France's second-biggest listed bank reached an 11th- hour settlement over LIA allegations that trades were secured as part of a "fraudulent and...

  • *FTSE 100 up 0.4 pct. LONDON, May 4- Britain's FTSE held pace with European shares on Thursday, rising on a tide of robust results with heavyweights HSBC and Royal Dutch Shell driving gains, while retailer Next sank as a difficult consumer environment bit into profits. The FTSE was up 0.4 percent by 0900 GMT, while Germany's DAX hit a new record high and France's CAC 40...

  • LONDON, May 4- The gap between French and German 10- year bond yields was at its tightest in five months on Thursday after centrist Emmanuel Macron consolidated his position as frontrunner to become France's next president in a TV debate with the far-right's Marine Le Pen. Markets had already been anticipating a Macron victory after his first round victory, and...

  • *Traders point to nerves over China, commodity price falls. LONDON, May 4- The dollar surged against a number of major currencies on Thursday after the U.S. But the rise in 10- year U.S. government bond yields back above 2.32 percent helped the dollar to a six-week high of close to 113 yen and 4- month highs against the Aussie dollar.

  • A 55 percent rise in oil prices from a year ago and deep cost cuts boosted cash generation, enabling the Anglo-Dutch company to cover spending and dividend payouts, while reducing debt following its $54 billion acquisition of BG Group last year. Shell remains on track to hit its $30 billion asset disposal program by 2018 to finance the BG acquisition, selling...

  • A 55 percent rise in oil prices from a year ago and deep cost cuts boosted cash generation, enabling the Anglo-Dutch company to cover spending and dividend payouts, while reducing debt following its $54 billion acquisition of BG Group last year. Shell remains on track to hit its $30 billion asset disposal programme by 2018 to finance the BG acquisition, selling...

  • LONDON, May 4- Mining and commodities trading group Glencore has raised its operating profit forecast for the trading division this year by $100 million and said its mining operations were expected to recover from some weather-related disruption at the start of the year. But they said Glencore's upward revision for its trading division- to between $2.3...

  • BERLIN, May 4- Amazon launched deliveries of fresh groceries in Berlin and neighbouring Potsdam on Thursday for members of its Prime subscription service, a move that could accelerate online sales of food that have been sluggish in Germany so far. Amazon said in a statement that Prime members can choose from 85,000 products, including items such as chocolate,...

  • PARIS, May 4- Societe Generale reported a 19 percent fall in quarterly net income on Thursday after making more provisions for litigation and also paying 963 million euros to settle a dispute with the Libyan Investment Authority. France's second-biggest bank, which is undergoing a reshuffle in its management structure and working on a new strategic plan, said...