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  • PARIS, Nov 20- Nissan's investigation into alleged misconduct by Chairman Carlos Ghosn is expanding to include Renault-Nissan finances, sources told Reuters- a sign that Nissan may seek to loosen its French parent's hold on their global carmaking alliance. Nissan told Renault's board on Monday it had evidence of potential wrongdoing at Renault-Nissan BV,...

  • *Ghosn in no position to lead- French finance minister. PARIS/ TOKYO, Nov 20- France urged Renault on Tuesday to replace CEO Carlos Ghosn a day after his arrest in Japan on financial misconduct allegations, but sought to defend the carmaker's alliance with Nissan, which has been rocked by the scandal. "Carlos Ghosn is no longer in a position where he is capable of...

  • *Bitcoin payments down almost 80 percent Jan-Sept- Chainalysis. LONDON, Nov 20- The use of bitcoin for commercial payments has dropped dramatically this year, even as the original digital coin starts to fulfil one of the basic features of any payment currency: stability. "There would have to be a stability requirement if it is to become another form of money," said...

  • *Soybean focus on U.S./ China trade war. HAMBURG, Nov 20- U.S. soybeans, wheat and corn firmed on Tuesday, underpinned by buying interest after sharp falls in the previous session as uncertainty over the U.S./ China trade dispute continued to weigh on the market. A meeting of Asia-Pacific leaders dampened hopes of Washington and China resolving their trade dispute...

  • NEW YORK, Nov 20- The U.S. Environmental Protection Agency will propose new targets for the final three years of the nation's renewable fuel program in January, replacing ambitious decade-old goals set by Congress with volumes closer to the industry's current output, two people familiar with the matter said. The two sources, who requested anonymity because...

  • LONDON, Nov 20- British companies selling everything from washing machines to flights, food and mortgages plan to spend tens of millions of pounds in case the political brinkmanship gripping the country leads to a disorderly Brexit. Electrocomponents, which stocks more than half a million industrial and electronics products, said it would spend 30 million...

  • *Italy/ Germany bond yield gap near widest in five years. In addition to the broader risk aversion prompted by a sell-off in U.S. tech stocks, Italy's standoff with the European Union over its 2019 budget prompted Italy's 10- year bond yield to briefly hit a one-month high at 3.71 percent, while Italian bank stocks fell to a two-year low. Investors appeared soothed...

  • Nov 20- Best Buy Co Inc raised its full-year earnings forecast on Tuesday after it sold more mobile phones, home theater systems and gaming consoles in the third quarter, helping it top Wall Street sales estimates. The Richfield, Minnesota- headquartered company now expects full-year adjusted earnings of between $5.09 and $5.19 per share, compared with an...

  • Excluding items, Target earned $1.09 per share in the quarter, below the average estimate of $1.12 per share. The retailer remained confident it could reach its earlier full-year earnings outlook, hoping its investments help it compete against online behemoth Amazon.com Inc and brick-and-mortar rivals like Walmart Inc during the key holiday season.

  • Nov 20- Lowe's Cos Inc said on Tuesday it was looking to shed its retail operations in Mexico and certain non-core U.S. businesses as the country's second-biggest home improvement chain strives to compete with rivals including Home Depot. Lowe's said it was looking at all options for its chain of 13 stores in Mexico and that it was "exiting" its U.S. contracting...

  • LONDON, Nov 20- Bank of England Governor Mark Carney gave his backing to a Brexit deal struck by British Prime Minister Theresa May, saying the alternative of leaving the European Union with no transition could be akin to the 1970 s oil shock. May agreed with Brussels last week on a deal for Britain's withdrawal from the EU in little more than four months' time.

  • Shares of Apple Inc lost 1.4 percent in premarket trading, putting it on course for its seventh decline in the past nine sessions, and around 20 percent down from a peak earlier this year that valued it at more than $1 trillion. Chipmakers Advanced Micro Devices Inc and Micron Technology Inc both lost more than 3 percent while Nvidia Corp and Intel Corp fell 2.3...

  • The company's top-selling cardiac and vascular unit that makes defibrillators, pace-makers, heart valves and stents raked in revenue of $2.86 billion, beating analysts' estimate of $2.84 billion, according to IBES data from Refinitiv. Medtronic's minimally invasive therapies business, which makes surgical instruments and endoscopy products, brought in a...

  • Nov 20- FedEx Corp said on Tuesday it plans to expand its fleet in the United States by adding 1,000 Chanje electric delivery vans. The package delivery company would buy 100 Chanje V8100 vans and lease the remaining from U.S. truck rental company Ryder System Inc.. Los Angeles- based electric vehicle startup Chanje's main investor is FDG Electric Vehicles Ltd..

  • TOKYO, Nov 20- The Renault, Nissan and Mitsubishi car alliance may be hard to manage without the unifying figure of chairman Carlos Ghosn, who is police custody in Japan facing financial misconduct allegations, Mitsubishi Motors CEO Osamu Masuko said on Tuesday. "I don't think there is anyone else on Earth like Ghosn who could run Renault, Nissan and Mitsubishi,"...

  • LAUNCESTON, Australia, Nov 20- U.S. coal exporters have effectively lost a promising market in China since the imposition of tariffs as part of the ongoing trade dispute, but so far they have managed to find other buyers in Asia, chiefly India. Vessel-tracking and port data compiled by Refinitiv show that no coal from the United States was discharged in China in...

  • LAUNCESTON, Australia, Nov 20- U.S. coal exporters have effectively lost a promising market in China since the imposition of tariffs as part of the ongoing trade dispute, but so far they have managed to find other buyers in Asia, chiefly India. Vessel-tracking and port data compiled by Refinitiv show that no coal from the United States was discharged in China in...

  • BANGKOK, Nov 20- Thailand approved a new subsidy and other measures on Tuesday to help its rubber farmers, who are struggling amid a slump in prices and have threatened protests. Rubber farmers are a powerful force in Thailand and the government wants to avoid a repeat of protests seen in 2013.. Last year Thailand produced 4.5 million tonnes of rubber from 20.32...

  • HONG KONG, Nov 20- Careem, Uber's main Middle East rival, is looking at raising between $100 million and $200 million from Chinese investors, a source with direct knowledge of the matter told Reuters. Careem, which counts German car maker Daimler and Chinas largest ride-hailing company DiDi Chuxing among its other backers, competes head-to-head with Uber in most...

  • Nov 20- Medical device maker Medtronic Plc reported a 6 percent rise in quarterly revenue on Tuesday, helped by higher sales in its cardiac and vascular business. Net income attributable to the company fell to $1.12 billion, or 82 cents per share, in the second quarter ended Oct. 26, from $2.02 billion, or $1.48 per share, a year earlier. Revenue rose to $7.48 billion...