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  • *Italy sticks to growth and deficit plans in revamped budget. LONDON, Nov 14- Italian bond yields hit three-week highs on Wednesday, widening the gap over top-rated German peers, after Italy re-submitted its 2019 budget to the European Commission with unchanged growth and budget deficit assumptions but falling debt targets. The falling debt forecast in the...

  • LONDON, Nov 15- Aston Martin's boss said the Brexit deal agreed by Britain and the EU is "good enough" but the company will not halt contingency plans while doubts remain over whether the agreement will be receive UK parliamentary backing. The luxury carmaker, which listed on the London Stock Exchange last month, posted a rise in third-quarter profit on Thursday,...

  • LONDON, Nov 15- Sterling slipped on Thursday after a volatile overnight session as UK Prime Minister Theresa May faces an uphill task to get parliament to approve her draft European Union divorce deal. But in a sign of just how hard the vote in the British parliament might be, Shailesh Vara, who backed EU membership in the 2016 referendum, quit on Thursday as a junior...

  • Sterling pauses as traders brace for backlash in UK. LONDON, Nov 15- The euro strengthened on Thursday as investors cautiously welcomed Britain's draft Brexit deal with the European Union and concerns about the Italian budget stand-off eased. But EU chief negotiator Michel Barnier cautioned that the road to ensuring a smooth UK exit was still long and...

  • *Sterling pauses as traders brace for backlash in UK. LONDON, Nov 15- The euro strengthened on Thursday as investors cautiously welcomed Britain's draft Brexit deal with the European Union and concerns about the Italian budget stand-off eased. But EU chief negotiator Michel Barnier cautioned that the road to ensuring a smooth UK exit was still long and...

  • LONDON, Nov 15- European shares marched higher on Thursday as oil prices stabilised and mining stocks rallied on hopes that China and the United States may reach a rapprochement to end their long-running trade spat, offsetting bad news in the tech sector. Britain's FTSE 100 was outperforming its euro zone peers as the pound fell 0.3 percent.

  • *AMS cuts quarterly revenue forecast by 15 pct. *Company is a major supplier to Apple. VIENNA, Nov 15- Austria's AMS, which makes facial recognition technology, became the latest Apple chip supplier to cut its revenue forecast, adding to growing evidence that the latest iPhones are not selling well.

  • HAMBURG, Nov 15- Germany's second largest sugar refiner Nordzucker is in talks to buy Australian producer Mackay Sugar, a Nordzucker spokeswoman said on Thursday. "We can confirm that negotiations are taking place about a possible shareholding by our company in Mackay Sugar and that we recently submitted a legally-binding offer. Nordzucker has offered to buy...

  • CAPE TOWN, Nov 15- Sky and Space Global is on track to launch 200 shoebox-sized nanosatellites by the end of 2020, betting that its low-cost model will prove a hit with telecoms customers in Africa. The Australian-listed company has joined larger European rivals circling Africa as they look to capitalise on a data services boom across the continent.

  • MANILA, Nov 15- The Philippine central bank raised its benchmark interest rate by 25 basis points on. Thursday, its fifth hike this year, saying further policy. tightening was needed to curb inflationary pressures.

  • CHARGES ARE FOR STEALING TRADE SECRETS AND TRYING TO EXPLOIT THEM COMMERCIALLY IN CHINA.

  • CAIRO, Nov 15- Egypt's unemployment rate dropped to 10 percent in the third quarter, down from 11.9 percent in the same period a year ago, the state statistics agency said on Thursday.

  • OSLO, Nov 15- Finland could in future receive gas from Norway via a network of pipes being planned through the Baltic countries and Poland, as part of an effort to reduce its dependency on gas imports from Russia. Helsinki and Tallinn are constructing a gas pipeline under the Gulf of Finland to Estonia, called Balticconnector and with a capacity to transport 7.2...

  • SINGAPORE, Nov 15- London copper and other base metals rose on Thursday, supported on signs that China and the United States may be taking steps to de-escalate their bitter trade dispute. China has sent a written response to U.S. demands for trade reforms, said three U.S. government sources, which could lead to negotiations to end the trade war between the world's...

  • BELFAST, Nov 15- The small Northern Irish party propping up Britain's minority government will "certainly" vote against Prime Minister Theresa May's Brexit deal, a member of parliament for the party said on Thursday. Asked in an interview with BBC Radio Ulster whether the Democratic Unionist Party would vote against, Jim Shannon said "we certainly will...

  • JAKARTA, Nov 15- Indonesia's central bank on Thursday surprisingly raised its benchmark interest rate for the sixth time this year, moving ahead of any further U.S. rate hike in a bid to lower its yawning current-account deficit. Bank Indonesia raised its 7- day reverse repurchase rate by 25 basis points to 6.00 percent, Governor Perry Warjiyo told a news...

  • *Outlook darkens as Japan, Germany report GDP contraction in Q3. Traders said the benchmarks reversed earlier losses on signs China and the United States may be taking steps to de-escalate their bitter trade dispute. U.S. bank Morgan Stanley said in a note on Wednesday that China's economic "conditions deteriorated materially" in the third quarter of 2018,...

  • *Outlook darkens as Japan, Germany report GDP contraction in Q3. Traders said the benchmarks reversed earlier losses on signs China and the United States may be taking steps to de-escalate their bitter trade dispute. U.S. bank Morgan Stanley said in a note on Wednesday that China's economic "conditions deteriorated materially" in the third quarter of 2018,...

  • SINGAPORE, Nov 15- Canada and China will continue to work together towards an "eventual" free trade deal, Canadian Prime Minister Justin Trudeau said on Thursday. "This clause doesnt prevent us from doing what were already doing which is indeed continuing to negotiate with China on an eventual free trade deal, Trudeau said in a town hall with students at the...

  • *China delivers written response to U.S. on trade war demands. SHANGHAI, Nov 15- China shares jumped on Thursday after Beijing delivered a written response to U.S. trade demands, raising hopes for new negotiations between the countries, and as financial and securities companies benefited from policy support for markets. **But a Reuters analysis of the earnings of...