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  • Aug 21- Herbalife Ltd said on Monday it had started buying back up to $600 million of its shares in the form of a modified Dutch tender, after talks with an investor to take the company private fell through. Herbalife said it would buy back shares for $60- $68 per share to "provide tendering shareholders with some protection" in case the company was taken private...

  • NEW YORK, Aug 21- In a volatile market, boring investments can be pretty darn sexy. That is why investors have plowed more than $4 trillion into exchange-traded funds, according to London- based research firm ETFGI. "Based on the flow data we see, they appear to be mainly used for short-term periods in more aggressive tactical fashions," said Matthew Bartolini, head of...

  • NEW YORK, Aug 21- In a volatile market, boring investments can be pretty darn sexy. That is why investors have plowed more than $4 trillion into exchange-traded funds, according to London- based research firm ETFGI. "Based on the flow data we see, they appear to be mainly used for short-term periods in more aggressive tactical fashions," said Matthew Bartolini, head of...

  • NEW YORK, Aug 21- In a volatile market, boring investments can be pretty darn sexy. That is why investors have plowed more than $4 trillion into exchange-traded funds, according to London- based research firm ETFGI. "Based on the flow data we see, they appear to be mainly used for short-term periods in more aggressive tactical fashions," said Matthew Bartolini, head of...

  • NEW YORK, Aug 21- In a volatile market, boring investments can be pretty darn sexy. That is why investors have plowed more than $4 trillion into exchange-traded funds, according to London- based research firm ETFGI. "Based on the flow data we see, they appear to be mainly used for short-term periods in more aggressive tactical fashions," said Matthew Bartolini, head of...

  • Aug 21- U.S. stocks looked set to open little changed on Monday, with investors keeping an eye on the White House as well as the simmering tensions between the United States and North Korea. Last week, President Donald Trump fired chief strategist Steve Bannon, disbanded some business councils and there was also speculation about the possible departure of...

  • Norway holds parliamentary elections on Sept. 11 to decide whether the ruling right-wing government should stay in power or be replaced by a Labour-led center-left coalition. >Norway's risk-averse wealth fund considers next moves. >Norway's economic prospects brighten as election draws near.

  • Norway holds parliamentary elections on Sept. 11 to decide whether the ruling right-wing government should stay in power or be replaced by a Labour-led center-left coalition. >Norway's risk-averse wealth fund considers next moves. >Norway's economic prospects brighten as election draws near.

  • *CEO Patrick Pouyanne says the company took account of about $3 billion decommissioning liabilities linked to Maersk Oil deal valuation. *Total is buying Maersk's oil and gas business in a $7.45 billion deal which the French energy major said would strengthen its operations in the North Sea and boost earnings and cash flow. * "We took all rights and obligations of...

  • Norway holds parliamentary elections on Sept. 11 to decide whether the ruling right-wing government should stay in power or be replaced by a Labour-led centre-left coalition. >Norway's risk-averse wealth fund considers next moves. >Norway's economic prospects brighten as election draws near.

  • Norway holds parliamentary elections on Sept. 11 to decide whether the ruling right-wing government should stay in power or be replaced by a Labour-led centre-left coalition. >Norway's risk-averse wealth fund considers next moves. >Norway's economic prospects brighten as election draws near.

  • SINGAPORE/ DUBAI, Aug 21- Iraq has informed its customers that it plans to switch its price benchmark for Basra crude in Asia to DME Oman futures from January, dropping the average of Platts' Oman- Dubai quotes, in a major shift in the way it prices its oil. The proposal by state-oil marketer SOMO would mark a significant change by OPEC's second-largest producer away...

  • *Markets looking to Fed's c.bank gathering in Jackson Hole. *European shares dip for third day, Wall Street seen flat. Traders were digesting the latest departure from Donald Trump's White House team, watching tensions around North Korea and waiting to see what the world's top central bankers would signal at the annual Jackson Hole gathering later this week.

  • BUCHAREST, Romania— Romania's premier has sent auditors to Romania's national airline Tarom after it reported significant losses for the first half of the year. Prime Minister Mihai Tudose dispatched officials to Tarom Monday after criticizing managers for a 104 million-lei loss for the first six months. Media reported Tarom's managing director Eugen...

  • NEW YORK— Herbalife says that it was in talks to be acquired and taken private, but that those negotiations ended last week. The maneuver, known as a modified Dutch auction, will allow shareholders to pay between $60 per share and $68 per share. Shares of Herbalife Ltd. are up 8 before the opening bell.

  • LONDON, Aug 21- Zinc on Monday morning hit a fresh decade high of $3,180.50 per tonne on the London Metal Exchange. True, London zinc has been given a helping hand from Shanghai, where speculative froth seems to have spilled over from the iron ore and steel markets to the base metals complex. And also true, a supply-side response to high zinc prices is already starting...

  • DUBAI, United Arab Emirates— The United Arab Emirates has issued a new law that imposes taxes on tobacco products, energy drinks and soft drinks to boost revenue and help offset the impact of lower oil prices. President of the UAE Sheikh Khalifa bin Zayed Al Nahyan approved the tax decree Monday. Abu Dhabi's The National news website reports that tobacco and...

  • *U.S. inventory fall is result of OPEC- led production cuts- Kuwait. Benchmark Brent crude futures were down 15 cents at $52.57 a barrel at 1214 GMT, after surging more than 3 percent in the previous session. "Fresh uncertainty about inventories and OPEC compliance could be enough reason to sell some of the long positions."

  • LONDON, Aug 21- OPEC oil supply is set to fall by 419,000 barrels per day this month, a company that tracks OPEC shipments forecast on Monday, reflecting plans for lower exports by Saudi Arabia and reductions by other producers. Compliance with the deal has been high so far but OPEC production hit a 2017 peak in July, in part on increased output from Libya and Nigeria,...

  • *India low-cost car plan pushed back to 2020. WOLFSBURG, Germany, Aug 21- Volkswagen is more focused on its multi-billion-euro shift towards electric vehicles and transport services than any potential sale of motorcycle brand Ducati or transmissions maker Renk, its head of strategy told Reuters. Analysts and bankers have been expecting Europe's biggest...