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  • TELLS INDIAN GOVERNMENT THE NEW POLICY WILL HURT AMAZON, WALMART INVESTMENT PLANS- SOURCES.

  • GOVERNMENT EXPRESSES CONCERN ABOUT INDIA'S REVISED E-COMMERCE REGULATIONS- SOURCES.

  • LONDON, Jan 24- Dollar bonds of Venezuela's government and state-run oil company PDVSA hit their highest level since 2017 on Thursday, after U.S. backing for opposition leader Juan Guaido spurred investor hopes for a turnaround in the crisis-stricken country. Guaido declared himself interim president on Wednesday, winning backing from Washington and parts...

  • *India e-commerce policy sparks U.S. protest-sources. *New policy hits Amazon, Walmart plans in India, sources say. NEW DELHI/NEW YORK, Jan 24- The United States government is concerned about India's revised e-commerce regulations and has told officials in New Delhi the policy will hinder the Indian investment plans of Amazon.com and Walmart Inc, three sources...

  • LONDON, Jan 24- The euro retreated while stocks and bonds rallied on Thursday, as painful data from France and only modestly better readings from Germany set the tone for the European Central Bank's first meeting of the year. Progress, or lack of it, in U.S.- China trade talks was also in focus, as were signs of a Brexit delay, while the Emerging-market bulls were still...

  • *IMF welcomes Fed's data-dependent policy stance- Lagarde. DAVOS, Switzerland, Jan 24- International Monetary Fund chief Christine Lagarde on Thursday warned countries against relying too much on monetary policy to counter another economic downturn, urging them to undertake fiscal and structural reforms to boost their economies' resilience to shocks.

  • BEIJING, Jan 24- China's central bank plans to set up a central bank bills swap in order to improve the liquidity of banks' perpetual bonds, it said on Thursday. The setup of the CBS also aims to encourage banks to replenish capital via perpetual bond issuance, the People's Bank of China said in a statement on its website. Banks' perpetual bonds with ratings at no lower...

  • Jan 24- U.S. railroad operator Union Pacific Corp on Thursday reported a 6 percent rise in quarterly revenue, helped by higher industrial shipments. The Omaha, Nebraska- based company's net income fell to $1.55 billion, or $2.12 per share in the fourth quarter ended Dec. 31, from $7.28 billion, or $9.25 per share, a year earlier when it got a boost from changes in U.S. tax...

  • MOSCOW, Jan 24- The Russian rouble gained on Thursday, buoyed by local demand linked to month-end tax payments but investors watched developments in Venezuela that could have repercussions on the Russian market. Venezuela came into focus after its opposition leader, Juan Guaido, declared himself interim president on Wednesday, winning the backing of...

  • JOHANNESBURG, Jan 24- South Africa's Eskom could be split into three separate firms under proposals from experts President Cyril Ramaphosa has hired to help revive the ailing state power company, two sources familiar with the matter told Reuters. Reforming Eskom is vital to get Africa's most industrialized economy firing on all cylinders.

  • SOUTH AFRICA'S ESKOM TASK TEAM FAVOURS SPLITTING STATE POWER UTILITY INTO THREE SEPARATE FIRMS- SOURCES.

  • *Russia warns against U.S. military intervention. CARACAS, Jan 24- Venezuela's opposition will on Thursday seek to maintain pressure on isolated President Nicolas Maduro after congress chief Juan Guaido swore himself in as interim head of state with the support of nations around the region. Guaido won diplomatic backing from the United States, Canada and...

  • HELSINKI, Jan 24- Finnish elevator maker Kone expects falling or stable orders China, its main market, in 2019, adding to disappointment over a 2019 profit forecast which missed analyst estimates. Kone shares were down 2.7 percent at 1226 GMT, compared with a 0.9 percent drop before the earnings report was released, and analysts at Jefferies said they were...

  • Jan 24- American Airlines reported better-than-expected quarterly profit on Thursday and forecast 2019 earnings above Wall Street estimates as the No.1 U.S. airline benefits from higher fares and healthy passenger demand, sending its shares up nearly 6 percent. The No. 1 U.S. airline by passenger traffic said net income, excluding special items, rose 8.3...

  • DAVOS, Switzerland, Jan 24- Volkswagen Group has a "big concern" over slowing consumer demand in China resulting from the Sino-U.S. trade war, but believes it can still "grow slightly" and there will be a deal between the two countries, its chief executive said on Thursday. Herbert Diess told the World Economic Forum in Davos that the automaker hopes to avoid U.S....

  • Jan 24- U.S. defense contractor FLIR Systems Inc said on Thursday it had got a $39.6 million order for delivering nano drones to the U.S. Army. The tiny surveillance drones, over six inches in length and with a flight time of up to 25 minutes, can be deployed by soldiers on the ground to identify threats beyond the line of sight, helping minimize collateral damage.

  • PARIS, Jan 24- Jean-Dominique Senard, the new chairman of French carmaker Renault, said he would focus on talks to cement Renault's alliance partnership with Japanese peers Nissan and Mitsubishi. "It's important that this alliance remains extremely strong," Senard told reporters at a news conference where Renault also unveiled the promotion of deputy CEO...

  • PARIS, Jan 24- Jean-Dominique Senard, the new chairman of French carmaker Renault, said he would focus on talks to cement Renault's alliance partnership with Japanese peers Nissan and Mitsubishi. "It's important that this alliance remains extremely strong," Senard told reporters at a news conference where Renault also unveiled the promotion of deputy CEO...

  • PARIS, Jan 24- Renault appointed Michelin boss Jean-Dominique Senard as its new chairman on Thursday, after Carlos Ghosn was forced to resign in the wake of a financial scandal that has rocked the French carmaker and its alliance with Japan's Nissan. The appointments may begin to ease a Renault-Nissan leadership crisis that erupted after Ghosn's Nov. 19 arrest...