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  • BEIJING, June 25- Chinese Premier Li Keqiang said on Monday Beijing was willing to continue talks over the purchase of Airbus jets after French President Emmanuel Macron failed to clinch a deal earlier this year. Macron sent his prime minister, Edouard Philippe, to Beijing this weekend partly in a bid to move the negotiations forward. At a joint news conference, Li...

  • June 25- U.S. stock index futures fell on Monday as growing trade tensions between the United States and China kept investors on edge, with the latest threat involving a check on Chinese investments in U.S. technology firms. The S&P 500 mini futures dropped 0.5 percent after a government official, with knowledge of the matter, said the U.S. Treasury Department was...

  • June 25- U.S. stock index futures fell on Monday as growing trade tensions between the United States and China kept investors on edge, with the latest threat involving a check on Chinese investments in U.S. technology firms. The S&P 500 mini futures dropped 0.5 percent after a government official, with knowledge of the matter, said the U.S. Treasury Department was...

  • June 25- Harley-Davidson Inc said on Monday it would not raise retail or wholesale prices for its dealers to cover the costs of the retaliatory tariffs by the European Union on U.S. products. Last week, the European Commission said it would start charging import duties of 25 percent on a range of U.S. products after Washington imposed tariffs on EU steel and...

  • FRANKFURT, June 25- European wholesale power prices for day-ahead delivery on Monday were lifted by forecasts of rising demand and sharply lower wind power production in Germany. *Traders said the wind supply news was as expected but also pointed to a tighter nuclear balance in France. *Power demand was seen up 1.3 GW in Germany on Tuesday at 61.9 GW and up 2 GW in...

  • June 25- Merrimack Pharmaceuticals Inc said on Monday it would discontinue the development of an experimental treatment for pancreatic cancer after the drug failed to meet the main and secondary goals of a mid-stage trial.

  • *OPEC to raise output to make up for unforeseen disruptions. LONDON, June 25- Brent crude oil fell by more than 1 percent on Monday as investors prepared for an extra 1 million barrels per day in output to hit the markets after OPEC and its partners agreed to raise production. OPEC and non- OPEC partners including Russia have since 2017 cut output by 1.8 million bpd to...

  • June 25- Gray Television Inc on Monday said it will acquire Raycom Media Inc, an employee-owned company, in a $3.6 billion cash-and-stock deal.

  • MILWAUKEE— Harley-Davidson, facing rising costs from new tariffs, will begin shifting the production of motorcycles heading for Europe from the U.S. to factories overseas. The famed motorcycle maker said in a regulatory filing Monday that European Union tariffs on its motorcycles exported from the U.S. jumped from 6 percent to 31 percent.

  • Heathrow is Europe's busiest airport and operating at full capacity. A 14 billion pound plan to build a third runway faces opposition from local communities and environmentalists, but its backers say it is needed to enable new trade links after Britain leaves the European Union and help secure economic growth. Prime Minister Theresa May "believes it sends out...

  • LONDON, June 25- Gold steadied off last week's six-month low on Monday as concerns over a global trade war ratcheted higher after a report said the United States plans to bar Chinese companies from investing in its technology firms. The U.S. Treasury Department is crafting rules that would block firms with at least 25 percent Chinese ownership from buying U.S....

  • BEIJING— Europe and China will form a group aimed at updating global trade rules to address technology policy, government subsidies and other emerging complaints in a bid to preserve support for international commerce, the vice president of the European Union's governing body said Monday. President Donald Trump in disputes over steel, China's technology...

  • *U.S. vaccination at record levels with launch of Shingrix. LONDON, June 25- GlaxoSmithKline is facing "unprecedented" demand for its new shingles vaccine Shingrix, suggesting the product could be a bigger money-spinner than the company and analysts initially thought. While more than 1.5 million Americans have received Shingrix since the end of last year,...

  • MOSCOW, June 25- Russia's central bank may need to provide another 100 billion roubles for a planned "bad bank", adding to the more than $40 billion already spent on three banking bailouts, two sources familiar with discussions said. Russia had to rescue three of the country's biggest private banks in the second half of 2017, including Otkritie, once the country's...

  • June 25- Harley-Davidson Inc said on Monday it would not raise retail or wholesale prices to its dealers to cover the costs of the retaliatory tariffs by the European Union on U.S. products. In the near term, the company will bear the significant impact resulting from these tariffs, it said in a regulatory filing https://bit.ly/2tA1ru0. The company estimated the...

  • MILWAUKEE— Facing rising costs from tariffs, Harley-Davison will shift production for EU bound motorcycles overseas.

  • NEW DELHI, June 25- Oil giant Saudi Aramco has spare capacity of 2 million barrels per day and can meet additional oil demand in case of any interruption in supplies, the company head said on Monday, days after OPEC agreed a modest increase in oil output from July. The Organization of the Petroleum Exporting Countries, de facto led by Saudi Arabia, and non- OPEC...

  • ZURICH, June 25- Swiss private bank Union Bancaire Privee aims to rebuild its business with U.S. clients following a big tax settlement two years ago, hiring a top banker to oversee a unit that specialises in managing investments for U.S. residents and citizens. The group on Monday named Deepak Soni to head its subsidiary UBP Investment Advisors.

  • BEIJING— China, EU to form group to update world trade rules to address tech, other complaints and preserve support for commerce.

  • While Britain and the EU have agreed in principle on a transition deal lasting from Brexit next March to the end of 2020, it is part of a broader divorce settlement that has yet to be formally adopted. Banks' preparations for the potential departure of Britain from the EU without a ratified withdrawal agreement are "inadequate", the European Banking Authority...