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  • BEIJING— Furious Chinese businesspeople say Beijing's decision to enforce U.N. sanctions on North Korean seafood will hobble the economy of a northeastern city, sparking a rare public protest earlier this week after the surprise move suddenly choked off the trade. China announced Monday that it was cutting off imports of North Korean goods under U.N....

  • *China cabinet says overseas investment will be categorized as encouraged, restricted and forbidden. BEIJING/ SHANGHAI, Aug 18- China will strengthen rules to defuse risks for domestic companies investing abroad and curb "irrational" overseas investment in its Belt and Road initiative, the state planner said on Friday. The initiative is aimed at building a...

  • Swedish prosecutor Thomas Forsberg says Evgeny Pavlov bribed a public servant in Azerbaijan to win a contract for a new signaling system with a contract value of around $340 million. Pavlov, a Bombardier Transportation Sweden AB employee, was held in March in pre-trial custody to prevent him from fleeing or tampering with evidence. Emails seized during a...

  • LONDON, Aug 18- Stock markets have spent the year rising on bets of a resurgence in inflation, while central bankers trying to manage the global economy have spent the same time repeatedly reassuring everyone it's just around the corner. In the United States, where the Federal Reserve is raising interest rates, inflation pressures are in an extended lull, which...

  • LONDON, Aug 18- Stock markets have spent the year rising on bets of a resurgence in inflation, while central bankers trying to manage the global economy have spent the same time repeatedly reassuring everyone it's just around the corner. In the United States, where the Federal Reserve is raising interest rates, inflation pressures are in an extended lull, which...

  • BERLIN, Aug 18- The German government is not involved in talks on the sale of insolvent German airline Air Berlin's assets, an Economy Ministry spokesman said on Friday, adding there was no deadline for any deal to be sealed. The government is not sitting at the table there and is also not steering this, " Economy Ministry spokesman Korbinian Wagner said during a...

  • Aug 18- Cosmetics maker Estee Lauder Cos Inc forecast full-year profit ahead of analysts' estimates and posted higher-than-expected quarterly results, driven by strong demand for its brands such as M.A.C, Tom Ford and Smashbox. Sales in the company's makeup unit, which sells brands such as Tom Ford, Smashbox and La Mer, rose 16 percent to $1.31 billion.

  • Aug 18- U.S. stock index futures were little changed on Friday, a day after the S&P posted its biggest daily percentage loss in about three months, on mounting worries about President Donald Trump's ability to legislate his pro-growth agenda. Several business leaders have since resigned from his advisory councils and a White House official said plans for an...

  • NEW YORK— The CEO of 21st Century Fox has denounced racism and terrorists while expressing concern over President Donald Trump's reaction to the violence in Charlottesville, Virginia. James Murdoch also told friends in a personal email that he and his wife, Kathryn, will donate $1 million to the Anti-Defamation League. The email was first reported Thursday by...

  • Aug 18- Deere& Co reported a better-than-expected quarterly profit, helped by improving demand for its farm equipment, particularly in South America, and the company raised its full-year sales and profit forecasts for the third time. The U.S. farm equipment maker is benefiting from higher demand for farm machinery in South America, where farmers have enjoyed...

  • NEW YORK _ Estee Lauder Companies Inc. on Friday reported fiscal fourth-quarter earnings of $229 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share. Seven analysts surveyed by Zacks expected $2.85 billion.

  • LONDON, Aug 18- Anglo American is placing a contrarian bet on hydrogen fuel cell vehicles as it tries to squeeze more profit from its platinum reserves, but risks being left behind as rival miners look to cash in on battery-powered cars. A push, particularly in Europe and China, for lower-emission transport raises the prospect of weaker demand for platinum, whose...

  • BOSTON, Aug 18- Top Tesla Inc investors Fidelity Investments and T. Rowe Price cut their holdings in the second quarter and indicated they were taking profits from the electric car maker stock, which is up 65 percent this year. Sellers included Fidelity funds like Fidelity OTC Portfolio, which sold 1.62 million shares, or 43 percent of its position during the...

  • LONDON, Aug 18- Britain received a record number of foreign visitors in the second quarter of 2017, and the number of Britons making trips abroad reached an all-time high for the time of year, official figures showed on Friday. Some 10.75 million foreigners visited Britain for tourism or other purposes between April and June, 8 percent more than during 2016 and...

  • Net income attributable to the company rose to $229 million, or 61 cents per share, in the fourth quarter ended June 30, from $94 million, or 25 cents per share, a year earlier. Excluding items, the company earned 51 cents per share, beating analysts' average estimate of 43 cents per share, according to Thomson Reuters I/B/E/S. The New York City- based company's net sales...

  • NEW YORK _ Foot Locker Inc. on Friday reported fiscal second-quarter profit of $51 million. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 90 cents per share. Foot Locker shares have dropped 33 percent since the beginning of the year.

  • LONDON, Aug 18- World stocks were set for a second day of losses on Friday after an exodus of U.S. executives from presidential business councils dealt a fresh blow to hopes of tax reform and deadly attacks in Barcelona hit shares in European tourism firms. President Donald Trump's latest controversial comments on violence that flared in Charlottesville,...

  • *White House denies rumour Gary Cohn quitting. *Barcelona van attack kills 13, wounds scores. Meanwhile, yields rose slightly on southern European bonds in the likes of Spain and Portugal in a global retreat from riskier assets that saw the biggest drop in three months on Wall Street overnight.

  • Aug 18- U.S. farm equipment maker Deere& Co on Friday reported a 31.3 percent rise in quarterly profit, and raised its full-year sales and profit forecasts for the third time. The net income attributable to Deere rose to $641.8 million, or $1.97 per share, in the third quarter ended July 30, from $488.8 million, or $1.55 cents per share, a year earlier.

  • MOLINE, Ill.— Deere& Co. on Friday reported fiscal third-quarter profit of $641.8 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.93 per share. Five analysts surveyed by Zacks expected $6.88 billion.