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  • LONDON, Nov 19- Britain will submit proposals on how to settle its divorce bill with the European Union before an EU summit next month and is expected to negotiate hard, finance minister Philip Hammond said on Sunday. He was speaking three days before he sets out Britain's budget plan, where he will have to find room within tight fiscal constraints to help May...

  • Tightly-controlled studies used to test the safety and effectiveness of new drugs don't always tell the whole story of how well a drug works for the thousands and sometimes millions who later take it. These drug trials often don't often include women, minorities, and patients with additional conditions who are taking different drugs, leaving doctors unsure...

  • TOKYO, Nov 19- Toshiba Corp said it would raise 600 billion yen from a sale of new shares, a key step that would allow the troubled conglomerate to remain a publicly traded company even if the sale of its chip unit is delayed. Toshiba needs to raise 750 billion yen by the end of March to plug a balance sheet hole left by its bankrupt U.S. nuclear power business, or it will be...

  • Aware that to some her government looks overwhelmed by the task of delivering Brexit, May needs her finance minister to show voters that she has a handle on Britain's domestic problems like a housing shortage, low productivity and stagnant pay. He also said the world's fifth-biggest economy was at a turning point after a hard year in what seemed to be an attempt...

  • LONDON, Nov 19- Finance minister Philip Hammond said he was hopeful the main parts of Britain's post-Brexit trade deal with the European Union could be agreed "in principle" by March 2019, when the country is due to leave the EU.

  • NEW YORK, Nov 19- General Electric Co shares stabilized after a brutal slide last week sent the stock near six-year lows, but the worst may not be over. "In a sense, the stock is trying to find an investor," said Scott Lawson, vice president of Westwood Holdings Group in Dallas, who follows industrial stocks, as the stock was sliding last week. The stock edged back up over the...

  • PARIS, Nov 19- French Finance Minister Bruno Le Maire on Sunday rejected "doom-mongering" over the debt level of telecoms and cable group Altice, but said he would closely monitor any risks to employment. Shares of the Amsterdam- based holding company have fallen more than 40 percent since it reported disappointing third-quarter results on Nov. 2, and its...

  • LONDON, Nov 19- Finance minister Philip Hammond said on Sunday he was becoming more convinced Britain would secure a Brexit deal with the European Union.

  • BEIJING, Nov 19- China announced on Sunday plans to build and upgrade 64,000 public toilets between 2018 to 2020 as part of its "toilet revolution" aimed at boosting tourism and lifting the sector's contribution to economic growth. China has been keen to develop and expand services industries to move away from debt-fueled and investment-driven growth, while...

  • TOKYO, Nov 19- Toshiba Corp said it would raise 600 billion yen in fresh capital, a key step that would allow the troubled conglomerate to remain a publicly traded company even if the sale of its chip unit is delayed.

  • BRUSSELS— Brexit is still well over year away but two European cities on Monday will already be celebrating Britain's departure from the European Union. Two major EU agencies now in London— the European Medicines Agency and the European Banking Authority— must move to a new EU city because Britain is leaving the bloc. "I will throw my full weight behind this," French...

  • LONDON, Nov 19- Britain will submit its proposals on how to settle its financial obligations to the European Union before an EU Council meeting next month, finance minister Philip Hammond said on Sunday. British Prime Minister Theresa May was told on Friday that there was more work to be done to unlock Brexit talks, as the European Union repeated an early December...

  • ISTANBUL, Nov 19- Turkey's central bank should keep monetary policy tight, Deputy Prime Minister Mehmet Simsek said on Sunday, in contrast to President Tayyip Erdogan's repeated calls for loose policy to stimulate borrowing to boost the economy. "The central bank should keep monetary policy tighter," Simsek, the minister who is in charge of the economy, said in an...

  • JOHANNESBURG, Nov 19- South Africa's National Union of Mineworkers will delay a plan to serve a strike notice for the coal sector to the Chamber of Mines after some companies revised their wage offers, the union said on Sunday. The NUM had planned to serve a 48- hour strike notice on Monday but said it would first present the new offers to its members.

  • LONDON, Nov 19- British finance minister Philip Hammond promised to speed up house building in his new budget plan this week and said he had some room to help voters despite his tight squeeze on the public finances, a newspaper reported. Hammond, who is under pressure to help a weakened Prime Minister Theresa May with his tax and spending plans even as the economy...

  • The Nebraska Republican, who addressed an evangelical conservative group Saturday night, told reporters after his speech that he likes the tax bill moving in the Senate. GOP leaders in Congress and around the country have suggested a tax cut bill could boost enthusiasm for Republicans when they campaign in 2018 to retain their control of Capitol Hill.

  • MEXICO CITY, Nov 18- Negotiations in Mexico to update NAFTA have not made much progress on tough U.S. demands that could sink the 1994 trade pact, but the current round of talks are progressing with civility, some participants said on Saturday. Officials from the United States, Canada and Mexico are meeting in Mexico City for the fifth of seven planned rounds to...

  • BERKELEY, Calif., Nov 18- Brazil's central bank chief Ilan Goldfajn said he expects the U.S. He added that he expects Jerome Powell, nominated by President Donald Trump to succeed Janet Yellen as Fed Chair in February, to continue to raise rates gradually, "and that will be good for emerging markets." Brazil has been cutting its target interest rate to bolster growth...

  • Hariri's resignation on Nov. 4 threw Lebanon into political crisis and put it centre-stage in the Middle East's overarching rivalry between Sunni Saudi Arabia and its allies and a bloc led by Shi'ite Iran. "With regard to the political situation in Lebanon, I will go to Beirut in the coming days, I will participate in the independence celebrations, and it is there...

  • MEXICO CITY, Nov 18- Negotiations in Mexico to update NAFTA have not made much progress on tough U.S. demands that could sink the 1994 trade pact but the current round of talks are progressing with civility, a well-placed source said on Saturday. Officials from the United States, Canada and Mexico are meeting in Mexico City for the fifth of seven planned rounds to...