Chicago Board of Trade December corn settled up 4-3/ 4 cents at $3.57-1/ 4 per bushel after reaching $3.57-3/ 4, its highest since Sept. 12. CBOT November soybeans ended down 3 cents at $8.47-1/ 4 per bushel and December wheat fell 2-1/ 4 cents at $5.21-3/ 4 a bushel. After the close, weekly Commodity Futures Trading Commission data showed funds in the week to Sept. 18 had...
*UK media says May was humiliated by EU leaders. *Tusk says compromise with UK still possible. At a summit in Austria on Thursday, EU leaders rejected May's "Chequers" plan, saying she needed to give ground on trade and customs arrangements for the UK border with Ireland.
*High Court rules in favor of doctors. ZURICH, Sept 21- Drug giants Novartis, Bayer and Roche on Friday lost a bid to stop British doctors from recommending a cheaper drug option for people with an eye disease that causes blindness, the High Court in London ruled. A drug industry group said the decision was extraordinary "and was bad news for future regulatory...
BRUSSELS— EU Council President Donald Tusk says compromise "still possible" in Brexit talks with Britain.
*UK media says May was humiliated by EU leaders. LONDON, Sept 21- British Prime Minister Theresa May said on Friday that Brexit talks with the European Union had hit an impasse, defiantly challenging the bloc to come up with its own plans a day after EU leaders savaged her proposals. At a summit in Austria on Thursday, EU leaders rejected May's "Chequers" plan, saying she...
But a new exhibition in San Francisco shows that the covering used by some Muslim women can be a bright yellow head wrap or a loose drape of rose; a black silk and lace scarf by Dolce& Gabbana; or a hood attached to an extra-long girls' dress. "Contemporary Muslim Fashions" opens Saturday at the de Young Museum with about 80 ensembles by nearly 60 designers from around...
*May ups ante with EU after both sides warn of no-deal risks. LONDON, Sept 21- The British pound tumbled two cents against the dollar on Friday and headed for its biggest daily drop this year after Prime Minister Theresa May said Brexit talks with the European Union had reached an impasse and called for new proposals. "Either there is compromise or a no-deal but the...
PARIS, Sept 21- France plans to make it easier for Paris and other big cities to introduce London-style urban vehicle tolls in a bid to reduce pollution and congestion, a government source told Reuters on Friday. Singapore, London, Stockholm and Milan have all introduced congestion pricing systems, but no French city has done so, although France has an extensive...
LONDON, Sept 21- British Prime Minister Theresa May said on Friday the European Union must come up with an alternative to her Brexit proposals, saying talks had reached an impasse after bloc's leaders had rejected her plans without explaining why. At a summit in Austria on Thursday, EU leaders said they would push for a Brexit deal next month but rejected May's "...
GENEVA— A World Trade Organization arbitrator will step into a years-old dispute brought by China over U.S. anti-dumping measures. In 2017, the WTO's appellate body ruled largely in favor of China. The standoff comes amid a high-profile showdown between China and the Trump administration over trade.
PARIS/ SINGAPORE, Sept 21- Chicago soybean futures eased on Friday but were on course for a weekly rise after rallying on signs of strong demand for U.S. supplies, despite a trade dispute with top importer China. The Chicago Board Of Trade most-active soybean contract was down 0.8 percent at $8.43-1/ 4 a bushel by the end of the overnight session, but still up 1.5...
LONDON— The Latest on Brexit, the political divorce between Britain and the rest of the European Union:. In a statement, Tusk said "the U.K. stance presented just before and during the Salzburg meeting was surprisingly tough and in fact uncompromising. British Prime Minister Theresa May's parliamentary allies welcomed her assurances that Northern Ireland...
LONDON, Sept 21- The British pound skidded lower on Friday ahead of a statement from Prime Minister Theresa May on Brexit after European Union leaders rejected her plans. The BBC reported that May was expected to pledge that she would not be changing tack on Brexit. That's why we see a reversal of sterling today, " Sarah Hewin, Chief Economist, Europe, at Standard...
LONDON, Sept 21- Prime Minister Theresa May will make a statement at 1245 GMT inside Downing Street after European Union leaders rejected key parts of her Brexit deal proposals at an informal summit in Austria, a government official said. After a dinner of Wiener schnitzel in Salzburg, EU leaders said they would push for a Brexit deal next month but rejected May's...
*UK media says May was humiliated by EU leaders. *UK says EU must budge on Irish border. LONDON, Sept 21- Prime Minister Theresa May's Brexit proposals were declared dead by the British media on Friday after what they cast as a humiliation at the hands of European Union leaders during a summit in Austria.
*Currency options build up at $1.27 and $1.34 against sterling. LONDON, Sept 21- As negotiations become fraught before Britain's exit from the European Union in March, tensions of a different kind are surfacing on the currency markets-- derivatives activity is rising sharply as investors bet on a weaker sterling. Hopes of progress on a Brexit deal between London...
*UK media says May was humiliated by EU leaders. LONDON, Sept 21- Prime Minister Theresa May's Brexit proposals were declared dead by the British media on Friday after what they cast as a humiliation at the hands of European Union leaders at an informal summit in Salzburg. After a dinner of Wiener schnitzel in Salzburg, EU leaders said they will push for a Brexit deal...
LONDON— British Prime Minister Theresa May accused the European Union on Friday of creating an "impasse" in divorce negotiations by bluntly rejecting her blueprint for Brexit, sending the value of the pound plunging as worries about a chaotic U.K. exit from the EU soared. With British newspapers declaring that May had been "humiliated" by EU leaders, the prime...
*Pretax profit 600 mln stg as pricing, growth improves. *Bounce back from 2 bln stg annual loss in 2017. LONDON, Sept 21- Insurance market Lloyd's of London bounced back from a tough 2017 after ditching some loss-making business, although weak investment returns saw first-half pretax profit halve from a year ago.
BERLIN— A German energy executive whose company plans to clear an ancient forest to expand a lignite strip mine says it's an "illusion" to think the woodland can be saved, and halting the project would cost his firm up to 5 billion euros. RWE wants to start cutting down half the Hambach forest in western Germany. RWE chief executive Rolf Martin Schmitz told ZDF...
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