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  • LONDON, Jan 22- Dixons Carphone tightened its full-year profit forecast range on Monday after a strong performance in Norway and Greece combined with better demand for the new iPhone in Britain to boost its Christmas trading. The electricals retailer, which announced the pending departure of its CEO Seb James on Friday, said underlying group revenue was up 6...

  • *Shanghai stocks higher, blue-chip CSI300 index up. *Gains in Shanghai stocks led by Gome Telecom Equipment Co Ltd and losses by Hna Innovation Co Ltd. **The largest percentage gainers in the main Shanghai Composite index were Gome Telecom Equipment Co Ltd up 10.04 percent, followed by CCS Supply Chain Management Co Ltd gaining 9.96 percent and Triumph Science&...

  • FRANKFURT, Jan 22- South African retailer Steinhoff plans to sell about 7.5 billion rand of shares in investment firm PSG Group as it scrambles to plug a liquidity gap after it disclosed "accounting irregularities". Steinhoff owns about 25 percent of PSG, which has a total market value of around 60 billion rand. Steinhoff last month shocked investors with the...

  • *reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ Apps/econ-polls? RIC= PHGDPQ %3 DE C I data. MANILA, Jan 22- The Philippines' economy was expected to have ended 2017 on a solid footing with growth in the last quarter gathering momentum from strong domestic demand, robust government spending, and a rebound in farm output.

  • *UK palladium shipments to Hong Kong rise in Jan- Nov 2017. LONDON/ BENGALURU, Jan 22- Flows of palladium out of UK stocks to Hong Kong are picking up as demand from Asian industry grows, pointing to a tightening market that could keep record-high prices on the boil. "There is a premium over London or Zurich which makes it profitable to ship metal to China or Hong Kong,"...

  • MOSCOW, Jan 22- Two of Microsoft's official distributors in Russia have imposed restrictions on sales of Microsoft software to more than 200 Russian companies following new U.S. sanctions, according to notifications circulated by the distributors. It is routine in Russia for suppliers to wait weeks or even months to get paid after submitting invoices for...

  • Today, after a year in which groups associated with Saudi Arabia, Malaysia and Kuwait have booked rooms, hosted events and spent thousands of dollars at the president's hotel in Washington, no such payments to the Treasury have been made. Since his inauguration a year ago, the Trump Organization has secured dozens of trademarks from foreign governments, pursued...

  • *To buy Bioverativ shares for $105/ share in cash. PARIS, Jan 22- French healthcare group Sanofi has agreed to buy U.S. peer Bioverativ for $11.6 billion, in a deal which Sanofi said would boost its earnings and strengthen its presence in the field of treatments for rare diseases. Sanofi has agreed to buy all of the outstanding shares of Bioverativ for $105 per share in...

  • WASHINGTON— The government shutdown is set to sow more disruption and political peril Monday after the Senate inched closer but ultimately fell short of an agreement that would have reopened federal agencies before the beginning of the workweek. Under the proposal taking shape, Democratic would agree to a three-week spending measure— until Feb. 8— in return...

  • WASHINGTON— Donald Trump, the presidential candidate, would not like the way Trump, the president, is crowing about today's unemployment rate. He'd be calling the whole thing a "hoax." Trump raised a red flag about declining jobless numbers during his campaign, so as to deny President Barack Obama any credit.

  • Sydney's S&P-ASX 200 shed 0.2 percent to 5,991.90 and Seoul's Kospi tumbled 0.7 percent to 2,502.11. India's Sensex advanced 0.3 percent to 35,605.57 and benchmarks in Southeast Asia rose. ANALYST'S TAKE: "The much-anticipated shutdown of the U.S. government on Saturday did not trigger much of a knee-jerk reaction in Asian markets," said Margaret Yang of CMC...

  • ZURICH, Jan 22- UBS, Switzerland's biggest bank, on Monday proposed an increased dividend and new share buyback programme despite a hefty writedown from a tax overhaul in the United States. The bank posted a 2.2 billion Swiss franc net loss for the fourth quarter of 2017 as the U.S. tax reforms saddled it with a 2.9 billion franc writedown. The bank proposed an...

  • TOKYO, Jan 22- Japanese stocks eked out small gains on Monday, with strength in securities and insurers offsetting falls in resources-related sectors including trading houses, steelmakers and shippers. The Nikkei index was flat at 23,816.33 and the broader Topix added 0.1 percent to 1,891.92. Nomura Holdings gained 0.7 percent, Daiwa Securities Group...

  • PORTLAND, Ore.— Oregon aggressively expanded its Medicaid rolls under the Affordable Care Act, adding enough people to leave only 5 percent of its population uninsured— one of America's lowest rates. Now, with the reduction of a federal match that covered those enrollees, the state is calling on voters to decide how to pay for its ballooning Medicaid costs.

  • PARIS, Jan 22- French healthcare group Sanofi has agreed to buy U.S. peer Bioverativ for $11.6 billion, in a deal which Sanofi said would boost its earnings and strengthen its presence in the field of treatment for rare diseases. Sanofi has agreed to buy all of the outstanding shares of Bioverativ for $105 per share in cash, marking a premium of 64 percent to...

  • More than a year after it introduced the concept, Amazon is opening its artificial intelligence-powered Amazon Go store in downtown Seattle on Monday. The store on the bottom floor of the company's Seattle headquarters allows shoppers to scan their smartphone with the Amazon Go app at a turnstile, pick out the items they want and leave. At about 1,800 square...

  • Find out Wednesday, when the National Association of Realtors releases its latest tally of U.S. home sales. Caterpillar serves up its latest quarterly report card Thursday. That would be in line with the company's performance through the first three quarters of 2017. Caterpillar has benefited from increased demand in North America and China.

  • LONDON, Jan 21- Most developing nations have been absolved of the "original sin" that blocked them using their own currencies to raise money abroad, but their companies' sins have still not been forgiven, as the huge debt they have racked up in "hard" currency attests. Original sin, which is how economists Barry Eichengreen and Ricardo Hausmann described the dilemma...

  • LONDON, Dec 19- After a year of relatively healthy global economic growth, economists are predicting pretty much the same for 2018-- a neither too-hot nor too-cold Goldilocks scenario, but with little sight of the three bears. Part of this may come from the fact that forecasters generally got it wrong last year, underclubbing this year's economic performance,...

  • WASHINGTON, Jan 22- In a decision expected to test the Trump administration's approach to tobacco regulation, U.S. health advisers will vote this week on whether to allow Philip Morris International Inc to sell its novel iQOS tobacco device and claim it is less harmful than cigarettes. The FDA is not obliged to follow the recommendations of its outside advisers...