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  • PARIS, Nov 21- Altice shares fell on Tuesday, after Bank of America Merrill Lynch cut its rating on the telecoms and cable group to "neutral" from "buy," with the investment bank citing the impact of lower expectations for Altice's French business. Altice has been hit by concerns over its large debt burdens of around 50 billion euros- greater than its stock market value...

  • SINGAPORE, Nov 21- Oil prices rose on Tuesday, supported by expectations of an extended OPEC- led production cut, although rising output in the United States capped gains. OPEC, together with a group of non- OPEC producers led by Russia, has been restraining output since the start of this year in a bid to end a global supply overhang and buoy prices.

  • *Assad was in Russia for four hours: Kremlin. *Putin says time for a political solution in Syria. Russia is actively trying to build an international consensus around a peace deal for Syria, over two years after Moscow began a military intervention that turned the tide of the conflict in Assad's favor.

  • Chi Ping Patrick Ho, 68, of Hong Kong, and Cheikh Gadio, 61, of Senegal, were charged in a criminal complaint in Manhattan federal court with violations of the Foreign Corrupt Practices Act, international money laundering and conspiracy to commit both. "As alleged, Ho's Ugandan scheme was hatched in the halls of the United Nations in New York, when the country's...

  • EDINBURGH, Nov 21- Engineering outsourcer Babcock said its first-half underlying profit before tax climbed 4.9 percent, as expected, and expressed confidence in the outlook due to a strong performance from the marine division. The British group provides specialist design, production, maintenance and training services for the defense and engineering...

  • MANILA, Philippines— The Philippine government has filed complaints accusing Cabinet members and other officials in the previous administration of plunder over a maintenance contract for a Manila train system that has been hounded by daily glitches. The contract with Busan Universal Rail Inc. has been canceled, and presidential spokesman Harry Roque...

  • *India lifted import tax on crude palm oil to 30 pct from 15 pct. *Mistry says likely to boost local oilseed processing in India. SINGAPORE, Nov 21- Malaysian palm oil futures will likely fall a further 2-3 percent after India, the world's biggest buyer, raised its import duties to the highest in a decade, top industry analyst Dorab Mistry said on Tuesday.

  • Dish said in a statement that CBS rejected its offer to extend their contract while negotiations continued. CBS and 28 other CBS- owned local television stations were blacked out across 26 states. The Smithsonian Channel, Pop, and CBS Sports Network would also be unavailable on Dish networks in cities including New York, Los Angeles, and Chicago, CBS said.

  • NEW DELHI, Nov 20- India's coal imports from North America quadrupled to 2.1 million tonnes in October from a year ago, the highest since at least January 2015, Thomson Reuters data showed, and buyers are looking to boost purchases amid a domestic shortage of the fuel. A ban on the use of petroleum coke, a dirtier but better-burning alternative to coal, is spurring...

  • LONDON, Nov 21- Kingfisher, Europe's largest home improvement retailer, reported a small fall in underlying sales in its latest quarter, with a weak performance in France only partially offset by strong growth at Screwfix in the UK and in Poland. The firm, which runs B&Q and Screwfix in Britain and Castorama and Brico Depot in France and elsewhere, said on Tuesday it...

  • SYDNEY, Nov 21- China aluminium futures fell sharply on Tuesday to their lowest in more than three months, dragged down by signs of robust global production. *ALUMINIUM DROP: The most-traded aluminium contract on the Shanghai Futures Exchange lost 2.45 percent to close at 14,910 yuan, its weakest since early August. *ALUMINIUM OUTPUT: Global production for...

  • SYDNEY, Nov 21- China aluminum futures fell sharply on Tuesday to their lowest in more than three months, dragged down by signs of robust global production. *ALUMINIUM DROP: The most-traded aluminum contract on the Shanghai Futures Exchange lost 2.45 percent to close at 14,910 yuan, its weakest since early August. *ALUMINIUM OUTPUT: Global production for October,...

  • EDINBURGH, Nov 21- Engineering outsourcer Babcock said its first-half underlying profit before tax climbed 4.9 percent and expressed confidence in the outlook despite political uncertainty due to Britain's exit from the European Union.

  • SHANGHAI, Nov 21-** China's blue-chip index ended at a fresh 28- month high on Tuesday, bolstered by robust gains in brokerage firms, as analysts expect the sector to benefit from the continued bull-run in the stock market. **Around the region, MSCI's Asia ex- Japan stock index was firmer by 0.8 percent while Japan's Nikkei index closed up 0.7 percent.

  • LONDON, Nov 21- British online retailer AO World said the better sales momentum it saw in its second quarter was continuing as it heads towards the Christmas sales period, although increased spending on marketing resulted in a first-half earnings loss. The company, which sells electrical appliances in British and mainland European markets, on Tuesday said...

  • SINGAPORE, Nov 21- Malaysian palm oil futures will likely fall a further 2-3 percent after India, the world's biggest buyer, raised its import duties to the highest in a decade, top industry analyst Dorab Mistry said on Tuesday. Malaysian palm oil futures slid for a third consecutive session on Tuesday to their weakest since mid-August at 2,612 ringgit a tonne, hit...

  • LONDON, Nov 21- Kingfisher, Europe's largest home improvement retailer, on Tuesday reported a small fall in underlying sales in its latest quarter, reflecting a weak performance in France. The firm, which runs B&Q and Screwfix in Britain and Castorama and Brico Depot in France and elsewhere, said group like-for-like sales fell 0.5 percent in the three months to...

  • *End-2017 deadline significant as Brazil has elections in 2018. BRUSSELS, Nov 21- A battle over beef between the European Union and Argentina and Brazil could push trade talks beyond a year-end deadline and lead to further years of delay. On-off trade talks between the EU and the Mercosur group of Argentina, Brazil, Paraguay and Uruguay have spanned 17 years.

  • LONDON, Nov 21- The global platinum market deficit will rise sharply next year thanks to resurgent demand from the jewellery and industrial sectors and declining production, an industry report said on Tuesday. The shortfall will jump to 275,000 ounces from an expected 15,000 ounces this year, the World Platinum Investment Council said in its latest Platinum...

  • TOKYO, Nov 21- Japanese government bonds were steady on Tuesday, taking cues from a relatively quiet U.S. The Ministry of Financed conducted a liquidity enhancement auction of off-the-run JGBs, maturing in five to 15.5 years. Federal Reserve's latest meeting, with trading subdued ahead of Thursday's Thanksgiving holiday.