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  • *Markets in United States, Japan closed on Thursday. LONDON/ CALGARY, Alberta, Nov 23- Gold prices steadied on Thursday to trade nearly flat after rising nearly 1 percent in the previous session as the dollar extended its swoon amid reduced expectations for U.S. interest rate hikes next year. "Gold is obviously still in need of a spark, but we still see a chance of it...

  • CALGARY, Alberta, Nov 23- U.S. crude hit a two-year high in thin trade on Thursday as the shutdown of a major crude pipeline from Canada and a draw on fuel inventories pointed to a tightening market, despite rising output from U.S. producers. West Texas Intermediate crude was up 54 cents at $58.56 per barrel by 2:00 p.m. EST, close to a two-year peak of $58.58 touched...

  • *Ghana, Ivory Coast aim to process more beans for stable revenue. ACCRA, Nov 23- Ghana and Ivory Coast need to focus more sharply on improving farmers' incomes if they are to achieve initiatives to guarantee stable revenue from the commodity, the CEO of Swiss chocolatier Barry Callebaut said on Thursday. Ghana and Ivory Coast produce more than 60 percent of global...

  • *Germany in political crisis after coalition talks collapse. *EU fears prolonged drift in economic powerhouse Germany. BERLIN, Nov 23- The leader of Germany's Social Democrats came under growing pressure on Thursday to drop his opposition to a new "grand coalition" with Angela Merkel's conservatives, with senior politicians arguing the party had a duty to...

  • PARIS, Nov 23- The election of pro-business centrist President Emmanuel Macron to lead France has caused a sea change in American investors' view of the country, a survey showed on Thursday, with many planning to expand. The survey of 156 top executives of U.S. groups' French divisions by the American Chamber of Commerce and Bain& Company showed 52 percent were now...

  • *Highest order intake in 5 yrs at 44.29 bln euros. *Expects adj EBIT of 1.8- 2.0 bln euros in 2017/ 18. ESSEN, Germany, Nov 23- Demand for next-generation lifts and car components enabled Thyssenkrupp to report its highest annual order intake in five years as the German firm slowly exits steelmaking.

  • SAO PAULO, Nov 23- A Brazilian judge has decided to uphold bankruptcy protection for Seara Industria& Comércio de Produtos Agropecuários Ltda, a soy and corn trader whose largest creditor is U.S. agriculture cooperative CHS Inc, Seara said on Thursday. Seara was among the 10 biggest commodities traders in Brazil when it filed for bankruptcy protection in...

  • NEW YORK, Nov 23- A U.S. judge ruled that Uber can force an unhappy Connecticut customer's price-fixing case against the ride-service company into arbitration, after the customer said the proposed class action belonged in court because he never agreed to arbitrate. District Judge Jed Rakoff in Manhattan also dismissed claims by the customer, Spencer Meyer,...

  • LUANDA/ LONDON, Nov 23- On Oct. 6, with the dust still settling on Angola's first change of power in 38 years, new President João Lourenço sat down with international oil majors at the presidential palace in Luanda. The top executives in Angola of Chevron, Total, BP, Eni and Exxon said the oil sector was being devastated by delays in project approvals at Sonangol and a...

  • LONDON, Nov 23- Traders are chasing gasoline and diesel cargoes and drawing volumes away from Europe to prepare for a particularly heavy round of refinery works around the world. Buyers from Venezuela to Singapore, still recovering from the loss of millions of barrels in U.S. refining in the autumn due to Hurricane Harvey, are now grappling with upcoming...

  • MOSCOW, Nov 23- The Russian government has approved a new, profit-based tax on the oil industry but it is not expected to be introduced before 2019, a year later than previously thought, the energy ministry said on Thursday. Taxes on the industry are currently based on production- via a mineral extraction tax- and exports. It will then have to be approved by the upper...

  • LONDON, Nov 23- Traders are chasing gasoline and diesel cargoes and drawing volumes away from Europe to prepare for a particularly heavy round of refinery works around the world. Buyers from Venezuela to Singapore, still recovering from the loss of millions of barrels in U.S. refining in the autumn due to Hurricane Harvey, are now grappling with upcoming...

  • BRUSSELS, Nov 23- European Union privacy regulators will discuss ride-hailing app Uber's massive data breach cover-up next week and could create a task-force to coordinate investigations. The chair of the group of European data protection authorities- known as the Article 29 Working Party- said on Thursday the data breach would be discussed at its meeting on...

  • *Italy- German yield spread widens 3 bps from early trade. LONDON, Nov 23- Southern European government bond yields underperformed on Thursday after a flurry of upbeat economic data and with European Central Bank's October meeting minutes showing some ratesetters wanted a clean end to asset purchases in 2018.. Italy, Spain and Portugal are seen as the biggest...

  • NEW YORK, Nov 23- A U.S. judge ruled that Uber can force an unhappy Connecticut customer's price-fixing case against the ride-service company into arbitration, after the customer said the proposed class action belonged in court because he never agreed to arbitrate. In an order dated Wednesday, U.S. District Judge Jed Rakoff in Manhattan also dismissed claims by...

  • LONDON, Nov 23- A fall in Centrica's shares weighed on British stocks on Thursday, but a rebound in housebuilders and a weak pound provided enough support to recoup most of the morning's losses. Jefferies analysts flagged weakness in Centrica's North America and UK business. Babcock was the second-weakest performer of the FTSE, retreating in the wake of brokers...

  • LONDON, Nov 23- The pan-European STOXX 600 index ended flat on Thursday, while euro zone blue chips erased early losses to trade up 0.3 percent after business surveys for the bloc cemented optimism on the economy. "This supports our view that the economy is in a very healthy condition," said Britta Weidenbach, head of European equities at Deutsche Asset Management.

  • NEW DELHI, Nov 23- Italian-American carmaker Fiat Chrysler Automobiles NV will recall 1,200 Jeep Compass sports utility vehicles sold in India, for "replacement of the front passenger air bag," FCA India said in a statement on Thursday. The recalls are part of a bigger recall by the company. The carmaker on Wednesday recalled 7,000 U.S.-market SUVs and 1,000...

  • *Britain's economic prospects remain gloomy as Brexit looms. LONDON, Nov 23- A bleak Brexit budget that slashed growth forecasts but gave young voters a tax break on buying their first property may have placated critics of British finance minister Philip Hammond, at least for now. Hammond was under intense pressure from within his Conservative Party to spend...

  • LONDON— U.K. politicians expressed dismay Thursday after the European Union booted Britain out of the contest to become European Capital of Culture because of Brexit. Britain had previously advised U.K. candidate cities that their eligibility would depend on the outcome of exit negotiations with the EU, which are still underway. U.K. contenders for the title...