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  • VIENNA, Sept 22- OPEC and other oil producers will not take a decision until January on whether to extend their pact to curb oil production, Russia's Energy Minister Alexander Novak said on Friday. "I believe that January is the earliest date when we can actually, credibly speak about the state of the market," he said after he was asked when a decision on extending the...

  • *North Korea rhetoric drives demand for gold. Sept 22- U.S. stocks were set to open lower on Friday as investors turned risk averse after North Korea and the United States entered into a fresh war of words. Trump also put more economic pressure on North Korea by ordering additional sanctions, including on its shipping and trade networks but stopped short of going...

  • FRANKFURT, Sept 22- Thyssenkrupp Steel and Tata Steel's plans to merge in Europe could enable them not just to cut costs but also raise prices, customers and shareholders say. The planned joint venture, announced on Wednesday, would create Europe's second-largest steel maker, with a market share of about 13 percent, according to data from the companies and the...

  • PARIS— French President Emmanuel Macron has signed five decrees paving the way to the implementation of labor law measures aimed at boosting economic growth. He lauded the "unprecedented wave of changes" to France's social model, along with a reform of unemployment benefits and a training plan for jobless people to be set up next year. Labor minister Muriel...

  • ZURICH, Sept 22- U.S. central banker John Williams said on Friday he does not expect any market turbulence as the Fed gets under way with reducing the huge balance sheet built during its campaign to stimulate the U.S. economy. "I don't anticipate any sudden or large effects on rates or spreads or things like that as we normalise," Williams, president of the San...

  • BERLIN— Thousands of steelworkers have gathered in western Germany in a protest over the planned merger of the European steel operations of Thyssenkrupp and Tata Steel, which is expected to cost up to 4,000 jobs. Germany's top labor union leader, Reiner Hoffmann, accused Thyssenkrupp's management of failing to take account of employees' interests, while...

  • PARIS/ SINGAPORE, Sept 22- U.S. soybean futures rose on Friday to a six-week high, buoyed by strong export demand and weather risks to planting in South America. The Chicago Board of Trade most-active soybean contract was up 0.9 percent at $9.79-1/ 4 a bushel by 1141 GMT, close to a session high of $9.79-1/ 2- a level last reached on Aug. 10. Wheat was up 0.4 percent at $4.54-1/...

  • VIENNA, Sept 22- Output cuts by OPEC and other oil producers are clearing a supply glut that has weighed on crude prices for three years, ministers said at a meeting on Friday to review the pact that expires in March 2018. The Organization of the Petroleum Exporting Countries, Russia and several other producers have cut production by about 1.8 million barrels per...

  • *OPEC- led supply pact due to expire in March. Some ministers from the Organization of the Petroleum Exporting Countries, Russia and other producers were meeting in Vienna to discuss their deal to cut supplies that runs to March. Ministers said they would discuss extending the pact, although two OPEC sources said the group was unlikely to make a specific...

  • LONDON, Sept 22- Nickel hit a five-week low on Friday after trading fees were hiked in China to dampen speculation and steel prices slid with other metals as investors shunned risky assets after more North Korean tensions. Financial markets were rattled when North Korea said on Friday it might test a hydrogen bomb over the Pacific Ocean after U.S.

  • Sept 22- T-Mobile US Inc is close to agreeing tentative terms on a deal to merge with peer Sprint Corp, people familiar with the matter said, a major breakthrough in efforts to merge the third and fourth largest U.S. wireless carriers. Japan's SoftBank Group Corp, which controls Sprint, will own between 40 and 50 percent of the combined company, two of the sources said...

  • VIENNA, Sept 22- Output cuts by OPEC and other oil producers are clearing a supply glut that has depressed crude prices for three years, ministers said on Friday, suggesting they could extend cooperation well into 2018.. Ministers on a panel monitoring the pact, comprising Kuwait, Venezuela and Algeria, plus non-OPEC Russia and Oman, were meeting in Vienna after...

  • London, Sept 22- Oil prices were marginally firmer on Friday, as the market waited to see whether major producers meeting in Vienna would back an extension to output cuts beyond March next year. Some ministers from the Organization of the Petroleum Exporting Countries and from other producers led by Russia are set to discuss a possible extension to the current...

  • PARIS— On Sunday, France will elect nearly half its Senate, in a vote that is expected to illustrate the slide in President Emmanuel Macron's popularity since his election earlier this year. The election involves around half of the Senate— or 171 of the chamber's 348 seats. French Senators debate and vote laws along with the National Assembly, France's lower house...

  • AMSTERDAM, Sept 22- Germany's three biggest carmakers have accelerated R&D spending at HERE after their 2015 acquisition of the digital mapping company as they race to develop the navigation technology needed for self-driving cars. HERE, the biggest provider of digital maps for the automotive industry, spent 640 million euros on R&D in 2016, or around 55...

  • MADRID— Russian authorities are fighting the extradition of an alleged Russian hacker from Spain to the United States, the suspect's lawyer said Friday, in the latest move by Moscow to block U.S. prosecution of suspected Russian cybercriminals. Levashov's lawyer, Margarita Repina, told The Associated Press that a Russian counter-extradition request was...

  • BERLIN, Sept 22- Barring an upset, the main uncertainty surrounding Europe's most important election this year is not whether Angela Merkel will continue to lead Germany after this weekend's vote, but who with and how long they will take to get going. The far-right, anti-immigrant Alternative for Germany is set to enter parliament for the first time, and some...

  • VIENNA, Sept 22- OPEC and other oil producers meeting on Friday will consider extending their pact to cut oil output beyond March and will discuss monitoring exports to assess compliance with the deal. The Organization of the Petroleum Exporting Countries, Russia and several other non- OPEC producers aim to clear a global oil supply glut by curbing output by...

  • One of the issues May is expected to address in her afternoon speech in the Italian city of Florence is Britain's exit bill, which Brussels has demanded progress on before talks can progress. Britain has expressed frustration at the European Union's demands, with British ministers keen to start negotiating the terms of Britain's new relationship with the...

  • PARIS— Angry French farmers are blocking Paris' famed Champs-Elysees in a protest against the government's agricultural policy. The farmers are angry, among other things, about President Emmanuel Macron's government's proposal to ban a controversial pesticide called glyphosate. To appease the demonstration, French Ecology Minister Nicolas Hulot came to...