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  • *Exit day for Britain is March 29 2019. LONDON, Dec 13- Prime Minister Theresa May's control of the Brexit process will undergo its stiffest parliamentary test yet on Wednesday, when she faces a showdown with rebels in her party over the laws that will take Britain out of the European Union. May's government is trying to pass a bill through parliament that will...

  • FRANKFURT, Germany— Things are looking up for the European Central Bank. And, so far, financial markets haven't panicked over the bank's Oct. 26 decision to scale back its bond-purchase stimulus program, to 30 billion euros a month from 60 billion euros starting in January. So analysts aren't expecting big changes at Thursday's meeting of the bank's 25- member...

  • BERLIN— Germany's antitrust authority says it is launching an examination of how manufacturers of smart TVs handle users' data. Germany has strict data privacy rules. Cartel office chairman Andreas Mundt said the authority deliberately chose "an everyday product that is also used by people with no technological affinity."

  • LONDON, Dec 13- European bourses opened on a cautious note on Wednesday despite gains on Wall Street and in Asia as investors await a U.S. Federal reserve meeting and assess the political implications of Donald Trump's setback in a bitter Senate election in Alabama. "Last night's new U.S. records aren't expected to translate through to this morning's open in...

  • BRUSSELS— European Union chief Brexit negotiator Michel Barnier said Wednesday there will be "no turning back" for Britain on commitments made during an initial divorce deal between the two, after his U.K. counterpart insisted it was merely a "statement of intent." But Barnier said "progress has been noted and recorded and is going to have to be translated into a...

  • LONDON, Dec 13- European bourses opened on a cautious note on Wednesday despite gains on Wall Street and in Asia as investors await a U.S. Federal reserve meeting and assess the political implications of Donald Trump's setback in a bitter Senate election in Alabama. "Last night's new U.S. records aren't expected to translate through to this morning's open in...

  • BERLIN— The operator of a major natural gas hub in Austria where an explosion left one person dead and 21 injured says gas flow in all pipelines to and from the plant has been restored. The facility at Baumgarten an der March, east of Vienna, was taken offline after Tuesday's explosion, and gas transport to countries south and southeast of Austria, including Italy,...

  • MELBOURNE, Dec 13- London copper edged higher on Wednesday as the dollar eased after hitting one-month highs earlier on expectations that the U.S. The dollar slipped against a basket of currencies after a Democrat won a bitter fight for a U.S. Senate seat in deeply conservative Alabama, reducing Republicans' already narrow Senate majority further.

  • MELBOURNE, Dec 13- London copper trading was little changed on Wednesday, as volumes thinned throughout the complex in the lead-up to holidays and ahead of a U.S. monetary policy meeting which may spell out higher interest rates. *SHFE: Shanghai Futures Exchange copper rose by half a percent to 52,180 yuan a tonne. *SHFE: Lead and zinc climbed 1.8 percent and 0.9...

  • BOSTON/ HOUSTON, Dec 12- Climate activists said on Tuesday they would take a tough shareholder resolution off the table at Exxon Mobil Corp after the company agreed to provide new details about how climate change could affect its business. In turn, one of the sponsors of the May resolution, New State Comptroller Thomas DiNapoli, moved to withdraw a refiled version...

  • LONDON, Dec 13- Prime Minister Theresa May's control of the Brexit process will undergo its stiffest parliamentary test yet on Wednesday, when she faces a showdown with rebels in her own party over the laws that will take Britain out of the European Union. May's government is trying to pass a bill through parliament that will repeal the 1972 legislation binding...

  • TOKYO- BOJ Governor Kuroda delivers brief speech at year-end party of private economists- 0900 GMT. ROCHESTER, N.Y.- Federal Reserve Board Governor Lael Brainard gives opening remarks before a Workforce Development Video Campaign award ceremony co-sponsored by the Federal Reserve Bank of New York, in Rochester, New York- 2300 GMT. FRANKFURT- ECB President Mario...

  • BUENOS AIRES, Dec 12- The United States, European Union and Japan vowed on Tuesday to work together to fight market-distorting trade practices and policies that have fueled excess production capacity, naming several key features of China's economic system. In a joint statement that did not single out China or any other country, the three economic powers said...

  • *Westfield owns 35 shopping centres in UK, U.S. SYDNEY/ MELBOURNE/ PARIS Dec 12- Europe's biggest property firm Unibail-Rodamco is to buy U.S. and UK mall operator Westfield Corp for $16 billion, in a defensive move to create a global leader in a sector grappling with the online shopping challenge led by Amazon. The deal gives Europe- focused Unibail, which owns' Les 4...

  • VIENNA/ MILAN, Dec 12- An explosion and fire that ripped through Austria's main gas pipeline hub on Tuesday killed one person and injured 21 others, prompting Italy to declare a state of emergency as flows from the strategic site were cut off for most of the day. The Baumgarten site in eastern Austria, near Slovakia, is a major regional transfer node, taking natural...

  • *Italy, its biggest recipient, declares state of emergency. VIENNA/ MILAN, Dec 12- An explosion and fire that ripped through Austria's main gas pipeline hub on Tuesday killed one person and injured 21 others, prompting Italy to declare a state of emergency as flows from the strategic site were cut off for most of the day. The Baumgarten site in eastern Austria, near...

  • *Brent jumps above $65 for first time since mid-2015. LONDON, Dec 12- Britain's biggest pipeline from its North Sea oil and gas fields is likely to be shut for several weeks for repairs, its operator said on Tuesday, disrupting gas flows and sending international crude prices to their highest since mid-2015. The closure has struck during a winter freeze in Britain,...

  • *Italy, its biggest recipient, declares state of emergency. VIENNA/ MILAN, Dec 12- An explosion and fire that ripped through Austria's main gas pipeline hub on Tuesday killed one person and injured 21 others, prompting Italy to declare a state of emergency as flows from the strategic site were cut off for most of the day. The Baumgarten site in eastern Austria, near...

  • LONDON/ ZURICH, Dec 12- One of the three board members of the Swiss foundation that conducted the online fundraiser for the embattled Tezos cryptocurrency tech project has resigned, Reuters has learned. The departure on Monday of Guido Schmitz-Krummacher, a Swiss legal and management expert, is likely to add further turmoil to the project, which raised $232...

  • *France seeks to attract top scientific talent. PARIS, Dec 12- When U.S.-based scientist Christopher Cantrell heard President Donald Trump pull the United States out of the Paris climate accord, he did not imagine that six months later he would be shaking the French leader's hand and starting anew in France. "It was all over the news in the United States and on...