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  • NEW YORK, Nov 13- The Dow and S&P 500 ended slightly lower on Tuesday following losses in energy shares and Boeing, offsetting a small gain in technology shares and renewed hopes for progress in trade talks.

  • *Loonie touches its weakest since July 20 at 1.3264. TORONTO, Nov 13- The Canadian dollar was little changed against the greenback on Tuesday, steadying after it touched the weakest level in nearly four months earlier in the session as a sell-off in oil accelerated. The price of oil, one of Canada's major exports, plunged to lows not seen since last November due to...

  • *Berlin shift comes after US and Australia 5 G bans. The behind-the-scenes push in Berlin, which comes after decisions by Australia and the United States to ban Chinese suppliers from 5 G, has emerged at a late stage, with Germany expected to start its 5 G auctions in early 2019.. But the push highlights the extent of the concern in some Berlin ministries about a...

  • And even though economists see increased risks for a recession as the Federal Reserve raises interest rates and a trade war with China threatens the economy, such a scenario is still a few years off. "We don't expect another recession until 2021, at the earliest," Byron Wien, vice chairman of Blackstone Group's Private Wealth Solutions Group told the Reuters...

  • Nov 13- The chief executive of Flipkart Group, Walmart Inc's Indian e-commerce business, resigned following an internal probe into accusations of "serious personal misconduct," Walmart said Tuesday. The departure of Binny Bansal, 37, one of the co-founders of Bangalore- based Flipkart, could be a setback for Walmart's efforts to compete with Amazon.com Inc in...

  • Nov 13- Juul Labs Inc, the U.S. market leader for electronic cigarettes, said on Tuesday it will pull popular flavors such as mango, cucumber and fruit from retail store shelves in an effort to reduce surging teenage use of its products. In a statement on Tuesday, Juul Chief Executive Kevin Burns said the company wants to be "the off-ramp for adult smokers to switch...

  • Nov 13- Home Depot Inc, the biggest U.S. home improvement chain, suggested on Tuesday that the pace of U.S. home sales was slowing, and said impending trade tariffs could force it to raise prices on some products. "has recovered a lot from the financial crisis, but not all the way," Home Depot Chief Financial Officer Carol Tomé said in an interview, blaming the lack of...

  • SAN FRANCISCO, Nov 13- Nigeria's Main One Cable Co took responsibility on Tuesday for a glitch that temporarily caused some Google global traffic to be misrouted through China, saying it accidentally caused the problem during a network upgrade. The issue surfaced on Monday afternoon as internet monitoring firms ThousandEyes and BGPmon said some traffic to...

  • NEW YORK, Nov 13- U.S. stocks have been battered over the last few weeks but a senior executive at Blackstone Group LP, one of the world's most influential asset managers, said there is no cause to be overly worried about next year. "The market is getting oversold," Byron Wien, vice chairman of the Blackstone Group's Private Wealth Solutions Group, told the Reuters...

  • Trump says OPEC should not cut production. *OPEC cuts demand outlook for fourth straight month. "It's like a run on the bank," said Phil Flynn, analyst at Price Futures Group in Chicago.

  • *Boeing drags Dow lower on Lion Air concerns. NEW YORK, Nov 13- Wall Street struggled for momentum on Tuesday, giving up early gains as a rebound in technology stocks and renewed hope for progress in trade talks were offset by drops in Boeing and energy stocks. Boeing Co reported a 37 percent increase in 737 deliveries in October but shares fell on concerns related to...

  • LONDON, Nov 13- Britain struck a draft divorce deal with the European Union after more than a year of talks, thrusting Prime Minister Theresa May into a perilous battle over Brexit that could shape her country's prosperity for generations to come. While Brussels choreographs the first withdrawal of a sovereign state from the EU, May, a far from secure leader...

  • *U.S. crude drops to lowest level in a year. NEW YORK, Nov 13- Wall Street stock prices shed earlier gains on Tuesday while oil prices plunged on persistent concerns of weakening global demand. President Donald Trump put pressure on OPEC not to cut supply to prop up prices.

  • NEW YORK, Nov 13- Emerging market debt is a rare fixed-income class that does not look too expensive, and could be an even more attractive investment if the U.S. dollar weakens, according to Penny Foley, portfolio manager for TCW Group Inc's emerging markets and international equities groups. Foley said at the Reuters Global Investment 2019 Outlook Summit in New...

  • RIO DE JANEIRO, Nov 13- "Failures and possible crimes" led to a February leak of mineral byproduct at Norsk Hydro ASA's Alunorte alumina refinery in the Amazonian state of Para, a special commission in Brazil's lower house said in a report released on Tuesday. "The matter of criminal and civil responsibility was emphasized, not only for the company involved in the...

  • *UK strikes draft Brexit deal with EU. NEW YORK, Nov 13- U.S. "If oil prices decline that should leave less inflation because the cost of energy is lower and so you would expect lower interest rates all else being equal," said Jon Hill, vice president of U.S. fixed income strategy at BMO Capital Markets in New York.

  • NEW YORK, Nov 13- U.S. crude oil output from seven major shale basins was expected to hit a record of 7.94 million barrels per day in December, according to a monthly government forecast released on Tuesday. The total oil output from the basins was expected to rise 113,000 bpd, driven largely by increases in the Permian Basin of Texas and New Mexico, where output was...

  • LONDON, Nov 13- Britain struck a draft divorce deal with the European Union after more than a year of talks, thrusting Prime Minister Theresa May into a perilous battle over Brexit that could shape her country's prosperity for generations to come. While Brussels choreographs the first withdrawal of a sovereign state from the EU, May, a far from secure leader...

  • Nov 13- Amazon.com Inc said on Tuesday it had split its $5 billion second headquarters into two projects that would be located in the Long Island City neighborhood of New York City's Queens borough and a Northern Virginia suburb of Washington, DC. Amazon can also apply for other tax incentives, including New York City's Relocation and Employment Assistance...

  • Nov 13- Shares of Boeing Co fell on Tuesday on concerns related to last month's deadly crash of a 737 MAX, the newest version of the planemaker's best-selling jet, operated by Indonesia's Lion Air. Boeing shares were down nearly 2 percent at $350.30 in afternoon trade. Investigators are preparing to publish their preliminary report on the crash on Nov. 28 or Nov. 29,...