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  • TREASURY SECRETARY STEVEN MNUCHIN HAS RESUMED DISCUSSIONS WITH HIS CHINESE COUNTERPART, VICE PREMIER LIU HE; THE TWO SPOKE BY TELEPHONE ON FRIDAY- WSJ.

  • WASHINGTON, Nov 12- The U.S. Commerce Department has submitted draft recommendations to the White House on its investigation into whether to impose tariffs of up to 25 percent on imported cars and parts on national security grounds, two administration officials said. The White House has pledged not to move forward with imposing tariffs on the European Union or...

  • The 30- year old game developer is a child of the county's tech boom: she studied at one of China's top universities and her company hit it big with an award-winning game that was published on Nintendo's Switch console and the PC gaming platform Steam, with plans for roll-out on other game platforms. Now her ambitions- and those of many others across China's giant...

  • Nov 12- Kellogg Co said on Monday it would reorganize its North American division and explore a sale of its cookies and fruit snacks units, which include brands such as Keebler and Stretch Island, as it sharpens focus on its core businesses. "We need to make strategic choices about our business and these brands have had difficulty competing for resources and...

  • Nov 12- Kellogg Co said on Monday it would reorganize its North American division and explore a sale of its cookies and fruit snacks units, which include brands such as Keebler and Stretch Island, to sharpen focus on its core businesses. Kellogg said it would be restructuring its North America business beginning next year. The company said it would consolidate...

  • Shares on Mexico's benchmark dropped 2.2 percent, with the index ending at its lowest close since mid-February 2016, weighed on by banking stocks. Investor sentiment toward Mexico's incoming government has been jolted in recent weeks. However, Senator Ricardo Monreal's dismissal of the suggestion that Lopez Obrador was trying to shut down the bill led...

  • *Dollar climbs on Fed bets, Europe risks. NEW YORK, Nov 12- U.S. and European stocks fell sharply on Monday, with tech stocks in both regions getting hammered, while the U.S. dollar surged to its highest point in 16 months against a basket of currencies amid concern about European political risks. "The concerns are all about global economic growth, specifically demands...

  • NEW YORK, Nov 12- General Electric Co will sell assets with "urgency" to reduce its high debt, Chief Executive Officer Larry Culp said on Monday, as GE shares tumbled as much as 10 percent and the cost of insuring its debt hit a six-year high. Last month, GE posted a quarterly loss of $22.8 billion, cut its annual dividend to just 4 cents a share and told investors it was...

  • VALLETTA, Nov 12- Malta's opposition on Monday called for the tourism minister and the prime minister's top aide to resign after an investigation by Reuters and Times of Malta showed that Panama companies they had set up had arranged to receive money through a mystery company called 17 Black in Dubai. He said Prime Minister Joseph Muscat had said he would resign...

  • IDAHO FALLS, Idaho, Nov 12- With the U.S. economy at or beyond full employment and inflation likely to rise slightly above a 2 percent goal over the next year, the Federal Reserve should continue to raise rates gradually, its newest policymaker said Monday-- but not necessarily next month. "My modal forecast is for two to three over the next period of time, with the exact...

  • *GE shares fall below $8 for first time since 2009. NEW YORK, Nov 12- Wall Street's major indexes tumbled on Monday as shares of Apple Inc and Goldman Sachs Group Inc dragged down the technology and financial sectors. With Monday's losses, all three indexes erased the gains from their brief rally after the U.S. congressional elections on Nov. 6.

  • NEW YORK, Nov 12- Wall Street's major indexes fell on Monday, with the S&P 500 sliding 2 percent, weighed by technology and financial stocks as shares of Apple Inc and Goldman Sachs Group Inc came under pressure. PETER JANKOVSKIS, CO-CHIEF INVESTMENT OFFICER AT OAKBROOK INVESTMENTS LLC IN LISLE, ILLINOIS:. RANDY FREDERICK, VICE PRESIDENT OF TRADING AND DERIVATIVES...

  • Industry groups and state environmental officials have urged the EPA to set new nationwide rules as the state of California has been moving forward with plans to set new state emissions limits. The EPA said in a statement it had scheduled a formal announcement on Tuesday with industry executives and state environmental officials regarding its "Cleaner...

  • NEW YORK, Nov 12- Wall Street's major indexes tumbled on Monday as shares of Apple Inc and Goldman Sachs Group Inc dragged down the technology and financial sectors.

  • *SEC CHAIRMAN JAY CLAYTON SAYS POTENTIAL CONSEQUENCES OF BREXIT ARE UNDERSTATED- WSJ.

  • ISLAMABAD, Nov 12- Two Pakistani rights activists said on Monday they had been warned by Twitter about objectionable content on the social media network, a move that signals an ongoing push by authorities in the South Asian country to rein in free speech online. But a civil rights advocate said the activists' tweets were not the same as those of the cleric since...

  • NEW YORK, Nov 12- Northwestern Mutual has partnered with Phillips Edison& Co Inc, a real estate investment trust, in two joint ventures involving 20 grocery-anchored shopping centers with a total value of about $415 million, the companies said Monday. Zale said he hoped the partnership with Phillips Edison will lead to future investments, though he said there are...

  • *Trump hopes OPEC won't cut output, says prices should be lower. *OPEC producers mull supply reductions for 2019. *OPEC reacts to 20 pct price fall since early October.

  • RIO DE JANEIRO, Nov 12- Brazil's Congress is unlikely to pass pension reform legislation this year, far-right President-elect Jair Bolsonaro said on Monday, a blow to investor hopes that caused the country's currency to weaken in futures markets. Many economists say cuts to Brazil's social security system are essential to controlling a huge federal deficit...

  • LOS ANGELES, Nov 12- Stan Lee, who dreamed up Spider-Man, Iron Man, the Hulk, Black Panther and a cavalcade of other Marvel Comics superheroes that became mythic figures in pop culture with soaring success at the movie box office, died at the age of 95, his daughter said on Monday. She did not mention the circumstances of Lee's death but the celebrity news website TMZ...