×

Wires

  • *FTSE 100 down 0.3 pct. Disappointing retail sales figures sent sterling to a one-week low, helping the internationally-exposed FTSE reduce earlier losses slightly. Fresh from a record close, the FTSE 250 sank 0.7 percent as workspace group IWG plummeted 34 percent after warning on profit.

  • LONDON, Oct 19- Slower Chinese growth crimped investor appetite for emerging market stocks on Thursday, which hit a one-week low after heavy losses in Asia spread to Europe, but currencies such as the rand and lira snapped a three-day losing streak. Hong Kong traders focused on property data that showed sales in mainland China fell for the first time in over 2-1/ 2...

  • WASHINGTON— Senate Republicans are on track to pass a $4 trillion budget plan that shelves GOP deficit concerns in favor of the party's drive to cut taxes. The upcoming tax measure, always a top item on the GOP agenda this year, has taken on even greater urgency with the failure of the party to carry out its longstanding promise to repeal former President Barack...

  • WELLINGTON, Oct 19- New Zealand's next prime minister will be Jacinda Ardern, whose Labour party won the support of a small nationalist party to form the government, spelling big changes for a small but open economy, whose currency hit a 4-1/ 2- month low on the news. The New Zealand dollar fell more than one percent on the news that Labour would lead a government with...

  • *China recorded $20 bln in net inflow in Sept- analyst. BEIJING, Oct 19- China's central bank recorded a net purchase of foreign exchange for the first time in nearly two years in September, as capital outflows taper off and the yuan strengthens. The figure compares with sales of 821 million yuan in foreign exchange in August and reverses trends in recent years of...

  • *MSCI world index drops off latest high as Spain weighs on Europe China Q3 GDP growth slows slightly to 6.8 pct vs 6.9 pct in Q2. LONDON, Oct 19- World stocks set a fresh record high before stalling in Europe on Thursday, as the longest winning streak for Japanese stocks since 1998 and the first close above 23,000 for Wall Street's Dow index helped to offset nerves in...

  • PARIS, Oct 19- French advertising agency Publicis, facing fierce new competition with the growth in online advertising, posted third-quarter sales on Thursday that missed market forecasts and sent its shares lower. Publicis's shares slid 5.1 percent to 59.01 euros in early trading, making the stock the worst performer on France's benchmark CAC-40 index.

  • TOULOUSE, France, Oct 19- Airbus planemaking chief Fabrice Bregier said the company still expects to deliver "around 200" A320neo aircraft in 2017, but added that reaching this existing target would be "tough" in the wake of delayed engine deliveries. Bregier said Pratt& Whitney, whose industrial problems have delayed deliveries of jets at Airbus plants, was...

  • WASHINGTON— If President Donald Trump prevails in shutting down a major "Obamacare" health insurance subsidy, it would have the unintended consequence of making free basic coverage available to more people, and making upper-tier plans more affordable. The unexpected assessment comes from consultants, policy experts, and state officials trying to discern...

  • LONDON, Oct 19- LONDON, Oct 19- British retail sales suffered an unexpectedly sharp slowdown in September, dragging quarterly growth to its weakest annual rate since 2013, suggesting consumer demand remains uncertain as the Bank of England nears its first rate rise in a decade. Retail sales volumes fell 0.8 percent in September, the Office for National...

  • LONDON, Oct 19- Standard Chartered closed some bank accounts linked to the Gupta family in South Africa in 2014, a spokeswoman for the bank said on Thursday. Britain's Financial Conduct Authority separately said it is in contact with StanChart and HSBC following reports in British newspapers that Britain's finance minister has asked regulators to...

  • *Toyota, Mazda, Honda say no safety issues with aluminium parts from Kobe. *Japan industry leaders believe Kobe in "serious situation"- manufacturing executive. Japan's third-biggest steelmaker admitted earlier this month it falsified specifications on the strength and durability of aluminium, copper and steel products, along with materials for optical...

  • Oct 19- Hong Kong stocks fell the most in over two months on Thursday as investors dumped property shares amid signs of tighter liquidity in the city and after data showed property sales in mainland China fell for the first time in over 2-1/ 2 years. Nearly all sectors fell, with an index tracking Hong Kong property stocks down 1.9 percent and financials sliding 2...

  • LONDON, Oct 19- Unilever reported lower-than-expected third-quarter sales, losing market share to smaller competitors and dampening hopes that an aborted takeover offer from Kraft Heinz would spark a swift improvement. Unilever's shares were down 4 percent at 0828 GMT, having risen by about a third since Kraft's unsuccessful $143 billion takeover bid for...

  • BEIJING, Oct 19- China has ordered state oil companies to speed up the construction of pipelines to move natural gas to homes and factories, underscoring worries that the country's insufficient infrastructure could cause power outages during the peak winter demand period. The alert shows Beijing is trying to head off supply disruptions during the peak...

  • MADRID— Official: Spain prime minister to hold Cabinet meeting Saturday to trigger process to take control of Catalonia's powers.

  • TAIPEI, Oct 19- Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd on Thursday said supply-chain inventory constraints pulled down net profit in the third quarter, albeit by a lesser degree than analysts had estimated. Profit fell 7.1 percent to T $89.93 billion, in July-September, versus the T $88.19 billion average of 21 analyst estimates in a...

  • GENEVA— Swiss biotech company Roche says sales grew 5 percent in the first nine months of the year, crediting new product launches and citing double-digit growth in the pharmaceuticals division in the U.S. market. The Basel- based drugs and diagnostics group expressed confidence about meeting full-year targets and pointed to recent regulatory approvals in...

  • LONDON, Oct 19- Sterling held steady on Thursday at $1.32 as traders awaited retail sales data for further clues about the health of the UK economy after dovish comments by policymakers this week prompted some doubts over the future trajectory of interest rates. The pound slipped to a five-day low on Wednesday after weak UK wage growth data.

  • Puigdemont said in the letter that if Spain's government continues to "impede dialogue and continues its repression," Catalonia's parliament will proceed to hold a vote on declaring independence from Spain. Spain replied that the government would hold the special Cabinet meeting and "approve the measures that will be sent to the Senate to protect the general...