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  • *Oil flows to China and India. *Moscow sees U.S. sanctions against Caracas as illegal. MOSCOW, Aug 22- Russian state oil major Rosneft has become the main trader of Venezuelan crude, shipping oil to buyers in China and India and helping Caracas offset the loss of traditional dealers who are avoiding it for fear of breaching U.S. sanctions.

  • BRUSSELS, Aug 22- The European Union hopes to ease trade tensions with U.S. The EU said last month it would retaliate with extra duties on 35 billion euros' worth of U.S. goods if Washington imposes punitive tariffs on EU cars. Since the EU's chief executive, Jean-Claude Juncker travelled to Washington for trade talks with Trump a year ago, the bloc's imports of U.S....

  • KIEV/ BRUSSELS, Aug 22- Ukraine's president backed leading European powers on Thursday in opposing the readmission of Russia to the Group of Seven advanced economies, saying Moscow still occupied Crimea and was frustrating peace in eastern Ukraine. But Germany, France, Britain-- all G7 members-- quickly rebuffed Trump, noting that Russia was excluded after it...

  • OSLO, Aug 22- Equinor will receive a 2.33 billion Norwegian crown subsidy for its planned construction of floating wind turbines to supply power to North Sea oil platforms, Norwegian state investment agency Enova said on Thursday. Equinor says the project could reduce Norway's carbon dioxide emissions by more than 200,000 tonnes per year, and has estimated...

  • *Sunrise offers to cut rights issue by up to 1.5 bln Sfr. ZURICH, Aug 22- Swiss telecoms firm Sunrise Communications on Thursday stepped up efforts to rescue its takeover of Liberty Global's Swiss unit amid criticism from its top shareholder, saying it had found new synergies and could cut a planned rights issue to fund the deal. Sunrise said these benefits, along...

  • *Corn edges up as crop tour points to lower Illinois yields. LONDON, Aug 22- Chicago corn futures edged up on Thursday as a widely watched crop tour indicated there could be a drop in yields in Illinois, the second largest corn-growing state. The most-active corn contract on the Chicago Board Of Trade had risen 0.1% to $3.70-3/ 4 a bushel by 1125 GMT, edging further away...

  • PARIS, Aug 22- British Prime Minister Boris Johnson said on Thursday that under no circumstances would the United Kingdom set up border checks on the boundary between EU member Ireland and the British region of Northern Ireland.

  • *Jewel traders want huge trade fair postponed. *Leading banks take out ads calling for law and order. HONG KONG, Aug 22- Hong Kong banks published full-page newspaper ads calling for law and order in the Chinese-ruled city and international jewelers sought the rescheduling of a huge trade fair as weeks of pro-democracy protests showed no sign of let-up on...

  • OSLO, Aug 22- Iran is prepared to work on French proposals to salvage the international nuclear deal that Tehran signed with world powers in 2015, Foreign Minister Mohammad Javad Zarif said on Thursday. French President Emmanuel Macron offered on Wednesday to either soften sanctions on Iran or provide "a compensation mechanism to enable the Iranian people to...

  • *Far-right League riding high in polls, worries rivals. ROME, Aug 22- Italy's head of state wants political parties to reach a deal to form a new coalition government in the next few days if they want to avoid snap elections, a source familiar with the matter said on Thursday. The euro zone's third-largest economy is in political turmoil after its government, riven by...

  • *Jewel traders want huge trade fair postponed. *Leading banks take out ads calling for law and order. HONG KONG, Aug 22- Hong Kong banks published full-page newspaper ads calling for law and order in the Chinese-ruled city and international jewelers sought the rescheduling of a huge trade fair as weeks of pro-democracy protests showed no sign of let-up on...

  • *Jewel traders want huge trade fair postponed. *Leading banks take out ads calling for law and order. HONG KONG, Aug 22- Hong Kong banks published full-page newspaper ads calling for law and order in the Chinese-ruled city and international jewellers sought the rescheduling of a huge trade fair as weeks of pro-democracy protests showed no sign of let-up on...

  • LONDON, Aug 22- Share markets flatlined on Thursday as uncertainty over the outlook for U.S. interest rate cuts following the release of minutes from the Federal Reserve's last policy meeting kept investors on edge. In Europe, the Euro STOXX 600 fell 0.1% in choppy trade, following a 0.5% drop in MSCI's broadest index of Asia-Pacific shares outside Japan.

  • *Jewel traders want huge trade fair postponed. *Leading banks take out ads calling for law and order. HONG KONG, Aug 22- Hong Kong banks published full-page newspaper ads calling for law and order in the Chinese-ruled city and international jewelers sought the rescheduling of a huge trade fair as weeks of pro-democracy protests showed no sign of let-up on...

  • *Thyssenkrupp files complaint with General Court of EU. The complaint to the General Court of the European Union- seen as a symbolic move- comes after the Commission in June vetoed plans to create Europe's second-biggest steelmaker, fearing it would overly hurt competition. It was already clear in early May that Brussels would block the deal, causing a strategic...

  • TOKYO, Aug 22- The dollar held gains on Thursday after minutes from the Federal Reserve's last policy meeting hosed down some aggressive expectations the central bank would embark on a series of deep interest rate cuts. Federal Reserve Chairman Jerome Powell's speech at Jackson Hole on Friday for signs of just how far the U.S. central bank is prepared to lower...

  • The titanium alloy part is the centrepiece of a 3- metre-wide fan on engines built for the world's largest airliner by U.S.-based Engine Alliance, co-owned by General Electric and United Technologies unit Pratt& Whitney. It had sat buried in Greenland's ice sheet since September 2017 when one of four engines on Air France flight 66 abruptly disintegrated en...

  • LONDON, Aug. 21- The pound on Wednesday gave back some of the previous day's gains as investors took little heart from hints by German Chancellor Angela Merkel that there might be room for negotiation over Brexit as prospects of a no deal loom. British Prime Minister Boris Johnson is due to meet Merkel on Wednesday ahead of a G7 meeting and is expected to tell her...

  • ROME, Aug 21- Italy's main opposition party said on Tuesday it was ready to hold talks with the anti-establishment 5- Star Movement over forming a government following the collapse of the previous, populist coalition. Nicola Zingaretti, the head of the centre-left Democratic Party, said he wanted to explore the possibility of sharing power with 5- Star for the...

  • *Italy opens investigation into rescue response time. PARIS, Aug 21- Badly injured on a cliffside in southern Italy, a French hiker called emergency services this month, but he could not tell them exactly where he was after a fall that broke his legs. It took rescuers nine days to locate Simon Gautier's body, but it could have been found much sooner had Italy installed...