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  • TOKYO, March 20- Asian shares got off to a cautious start on Wednesday, holding close to six-month highs on hopes the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan ticked down 0.1 percent from a six-month high touched the previous day. Since the beginning of year, Fed Chairman Jerome Powell has said the central bank would be patient- interpreted...

  • TRANSPORT CANADA SAYS TO CONDUCT "EXHAUSTIVE REVIEW" OF BOEING 737 MAX FLIGHT CONTROL SYSTEM MCAS.

  • LONDON, March 19- Investors seem to be betting history will repeat itself, with the Federal Reserve cutting interest rates to keep the U.S. expansion going, just as it did in 1998, producing one final bull run in oil and equity markets. Prompt reductions helped to ensure the U.S. economy continued expanding for another 30 months before finally entering recession...

  • SEOUL, March 20- Samsung Electronics Co Ltd expects a tough year for its component business including memory chips due to sluggish growth in the smartphone market and reduced investment from data center companies, Chief Executive Kim Ki- nam said on Wednesday. He was speaking at the South Korean tech giant's annual general meeting where shareholders are...

  • ADDIS ABABA/ PARIS/ WASHINGTON, March 19- Europe and Canada said they would seek their own guarantees over the safety of Boeing's 737 MAX, further complicating plans to get the aircraft flying worldwide after they were grounded in the wake of two accidents killing more than 300 people. Canada said it would independently certify the 737 MAX in the future, rather...

  • WASHINGTON, March 19- Following the live-streaming on social media of the mass shooting in New Zealand, the chair of the U.S. House Committee on Homeland Security wrote a letter to top executives of four major technology companies urging them to do a better job of removing violent political content. "If you are unwilling to do so, Congress must consider policies to...

  • LONDON, March 19- Another 100 tonnes of zinc were loaded out of the London Metal Exchange warehouse system on Monday. The LME three-month price rose to an eight-month high of $2,882 per tonne last week, up 18 percent this year, before easing slightly to current levels of $2,800. The exchange's stock reports have thrown up many surprises over the intervening years,...

  • OTTAWA, March 19- Canadian Prime Minister Justin Trudeau's government, seeking to move past a political crisis threatening its re-election, lavished new spending on middle-class voters in its budget on Tuesday, but the measures may be spread too thin to move the needle before October's vote. But with no single blockbuster pledge and with opposition antics...

  • March 19- A U.S. jury on Tuesday found Bayer AG's glyphosate-based Roundup weed killer caused cancer, a blow to the company eight months after another jury issued a $289 million verdict over similar claims in a different case. Tuesday's unanimous jury decision in San Francisco federal court, which came after five days of deliberation, was not a finding of Bayer's...

  • Last month, the FDA issued a statement https://www.fda.gov/MedicalDevices/Safety/LetterstoHealthCareProviders/ucm630863. h t m warning doctors about a type of lymphoma linked to breast implants after receiving reports of the disease. "Despite multiple attempts to discuss this with FDA, Mentor has not received feedback," Mentor spokeswoman Mindy...

  • WASHINGTON, March 19- The chairman of the U.S. House of Representatives transportation committee and another key Democrat asked the Transportation Department's inspector general on Tuesday to examine key decisions made by the Federal Aviation Administration in certifying Boeing's 737 MAX jet for use. The request follows the March 10 crash of a 737 MAX jet...

  • March 19- FedEx Corp on Tuesday cut its 2019 profit forecast for the second time in three months, sending its shares down more than 5 percent and fueling fresh worries it is losing ground to delivery rivals such as United Parcel Service Inc and Deutsche Post DHL Group. "Slowing international macroeconomic conditions and weaker global trade growth trends...

  • BROWNVILLE, Neb., March 19- Vice President Mike Pence arrived in Nebraska on Tuesday to survey the devastation unleashed across the U.S. The floodwaters have inundated a large swath of farm states Iowa and Nebraska along the Missouri River, North America's longest river, prompting half of Iowa's 99 counties to declare states of emergency. Nebraska, Iowa and...

  • TOKYO, March 20- Confidence among Japanese manufacturers hit its weakest in two-and-a-half years in March, a Reuters poll showed, as global trade friction fueled concerns that a postwar record growth cycle driven by Abenomics may be over. The monthly poll, which tracks the Bank of Japan's closely watched tankan quarterly survey, found confidence fell for a...

  • SHANGHAI/ HONG KONG, March 20- An industry body representing global asset managers in Asia has urged China to lift foreign ownership caps in listed companies, two weeks after the restrictions disrupted overseas buying of a Chinese stock and just as foreign inflows are set to swell. In a policy paper released on Wednesday, financial lobbyist ASIFMA called on...

  • March 19- The U.S. Food and Drug Administration on Tuesday approved https://www.fda.gov/NewsEvents/Newsroom/PressAnnouncements/ucm633919. htm Sage Therapeutics Inc's drug for postpartum depression, marking the first approval of a treatment specifically developed for the condition that affects a new mother's ability to care for herself or her baby.

  • ALPHABET'S GOOGLE TO PROMPT ANDROID USERS IN EUROPE ON FREEDOM TO CHOOSE RIVAL BROWSERS- GOOGLE EXECUTIVE IN BLOG.

  • BRUSSELS, March 19- Alphabet's Google will prompt Android users to choose their preferred browsers and search apps, a senior Google executive said on Tuesday, as the company seeks to allay EU antitrust concerns and ward off fresh sanctions. The European Commission last year handed Google a record 4.34 billion euro fine for using the market power of its mobile...

  • WASHINGTON, March 19- The chairman of the U.S. House Transportation and Infrastructure Committee and another key Democrat asked the Transportation Department's inspector general on Tuesday to examine key decisions made by the Federal Aviation Administration in certifying the Boeing 737 MAX for use. Representatives Peter DeFazio and Rick Larsen said the...

  • The blaze at Mitsui unit Intercontinental Terminals Co in Deer Park, Texas, has ignited or consumed 12 of 15 tanks at the site, officials said in a late Tuesday briefing. The Texas Commission on Environmental Quality reported an increase in soot and other contaminants at ground levels around the site but said levels remained below those considered unhealthy.