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  • THURSDAY, OCTOBER 19 WARSAW- National Bank of Poland release the minutes of its monitory policy meeting. SYDNEY- Reserve Bank of Australia Assistant Governor Michele Bullock will give speech at the Australian Shareholders Association- 0110 GMT. SEOUL- Bank of Korea monetary policy meeting to announce interest rates.

  • STOCKHOLM- Riksbank executive board meeting 0700 GMT. NEW YORK- Federal Reserve Bank of Cleveland President Loretta Mester participates in global regulatory structure panel before conference, "The Future of Global Finance: Populism, Technology and Regulation"- 1800 GMT. OTTAWA- Bank of Canada key policy Interest rate announcement and Monetary Policy Report...

  • WASHINGTON, Oct 18- A bipartisan deal from two senators to stabilize Obamacare by restoring subsidies to health insurers suffered major setbacks on Wednesday with the White House saying President Donald Trump now opposes it and senior Republicans speaking out against it. House of Representatives Speaker Paul Ryan, Senate Finance Committee Chairman Orrin...

  • TOKYO, Oct 19- Japan's exports rose 14.1 percent in September from a year earlier, Ministry of Finance data showed on Thursday, slowing from an 18.1 percent rise in the previous month in a sign of a temporary slowdown in overseas demand. The trade balance came to a surplus of 670.2 billion yen, versus the median estimate of a 559.8 billion yen surplus.

  • NEW YORK, Oct 18- Automatic Data Processing Inc is already making many of the changes activist shareholder William Ackman is advocating, but it will take time to see results, Chief Executive Officer Carlos Rodriguez said in an interview on Wednesday. "We have a pretty good track record of being able to deliver good improvements in our own business without making...

  • WASHINGTON, Oct 18- President Donald Trump has selected Joseph Simons, an antitrust attorney from a Washington law firm, to head the Federal Trade Commission, a White House official said on Wednesday. Trump is expected to nominate Simons to the agency, along with Noah Phillips and Rohit Chopra to be FTC commissioners, the White House official said.

  • BOSTON, Oct 18- Billionaire investor Seth Klarman on Wednesday resisted calls for Puerto Rico's debt to be wiped out and said the island's residents will be better off in the long run if obligations are honored. Calls to forgive Puerto Rico's more than $70 billion in outstanding obligations have mounted in recent weeks, as much of the island still has no...

  • EXCLUSIVE: BAUPOST'S KLARMAN SAYS WIPING OUT PUERTO RICO DEBT WOULD HURT RESIDENTS.

  • NEW YORK, Oct 18- The Dow Jones Industrial Average closed above 23,000 for the first time on Wednesday, driven by a jump in IBM after it hinted at a return to revenue growth. "Retail investors continue to pour into the marketplace, and with each headline about a new record, and especially round numbers like that, people tend to feel like they're missing out and you kind...

  • CALGARY, Alberta, Oct 18- Kinder Morgan Canada Ltd's Trans Mountain pipeline expansion has seen construction delays and its December 2019 operational start date could be pushed back, the company said on Wednesday as it released earnings that slightly missed analyst forecasts. The newly elected government of the British Columbia province, through which...

  • Oct 18- EBay Inc warned Wall Street on Wednesday that profit this quarter could fall below analysts' estimates as it invests in marketing and a revamped website to attract more shoppers, sending shares down more than 5 percent in after-hours trade. Factoring in the higher costs, eBay forecast fourth-quarter adjusted profit, excluding some costs, of between 57...

  • LAGUNA BEACH, Calif., Oct 18- Two of the technology industry's top startup investors took to the stage at a conference on Wednesday to decry the power that companies such as Facebook Inc had amassed and call for a redistribution of wealth. Bill Maris, who founded Alphabet Inc's venture capital arm and now runs venture fund Section 32, and Sam Altman, president of...

  • *Vice Chairman Stephen Squeri to succeed Chenault. Oct 18- American Express Co said its chairman and chief executive Kenneth Chenault would step down early next year, ending a nearly 17- year tenure at the helm of the No. 1 U.S. card issuer by spending. Chenault, 66, will be succeeded by Vice Chairman Stephen Squeri, 58, effective Feb. 1, the company said on Wednesday.

  • *Vice Chairman Stephen Squeri to succeed Chenault. Oct 18- American Express Co said its chairman and chief executive Kenneth Chenault would step down early next year, ending a nearly 17- year tenure at the helm of the No. 1 U.S. card issuer by spending. Chenault, 66, will be succeeded by Vice Chairman Stephen Squeri, 58, effective Feb. 1, the company said on Wednesday.

  • *China economy seen growing 6.8 pct in Q3 y/y, vs Q2's 6.9 pct. *Click here for multimedia coverage of China's congress http://reut.rs/2gN2YqY. BEIJING, Oct 19- China is expected on Thursday to post a modest slowdown in third quarter economic growth from the previous quarter as the government's efforts to rein in the property market and debt risks weigh on...

  • *Vice Chairman Stephen Squeri to succeed Chenault. Oct 18- American Express Co said its chairman and chief executive Kenneth Chenault would step down early next year, ending a nearly 17- year tenure at the helm of the No. 1 U.S. card issuer by spending. Chenault, 66, will be succeeded by Vice Chairman Stephen Squeri, 58, effective Feb. 1, the company said on Wednesday.

  • Oct 18- The Dow Jones Industrial Average rallied on Wednesday to close above 23,000 for the first time, notching one of the shortest gallops between thousand-point milestones in a history spanning more than 100 years. It took the index 54 trading days to climb from 22,000 to above 23,000. That followed the 107 trading days it took to close above the 21,000...

  • RIO DE JANEIRO, Oct 18- The remaining preferred shareholders of Brazil's Vale SA on Wednesday voted to accept a plan obliging them to convert their shares into a single stock class, finalizing a process that is part of the miner's bid to improve corporate governance. According to the company's press office, Vale CEO Fabio Schvartsman said the conversion would...

  • ZUG, Switzerland/ NEW YORK, Oct 18- Just three months ago, a tech project called Tezos raised $232 million online in a wildly successful "initial coin offering," in which new digital currency is parceled out to buyers. The acrimonious dispute pits Tezos' two young founders Arthur and Kathleen Breitman against Johann Gevers, the president of a Swiss foundation the...

  • NEW YORK— Blue Apron is cutting about 320 jobs, less than four months after the meal-kit seller became a public company. New York- based Blue Apron, which had nearly 5,400 employees in June, said Wednesday the layoffs represent about 6 percent of its workforce. Blue Apron has been facing increasing competition.