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  • LONDON, June 18- The pound fell on Monday as the dollar strengthened, with traders reluctant to buy sterling before a Bank of England policy meeting this week and another expected parliamentary confrontation over the government's Brexit plans. With an escalating trade dispute between the United States and China keeping broader currency markets cautious,...

  • *Intel and other chipmakers decline on China tariff. Boeing, the single largest U.S. exporter to China, fell nearly 1 percent, while construction equipment maker Caterpillar declined 1.4 percent. Intel was the biggest drag on the S&P 500 and the Nasdaq on China tariff concerns and a downgrade by Northland Securities.

  • RIO DE JANEIRO, June 18- Miner Anglo American clinched hundreds of permits this month to explore for copper in a remote part of northern Brazil, Brazilian authorities said, as the growing electric vehicle market and a scarcity of shovel-ready mining projects fuels demand for the metal. But the company confirmed it had received permission to explore for copper...

  • This could help JD.com expand beyond its base in China and Southeast Asia and establish a meaningful presence in U.S. and European markets. Company officials said the agreement initially would not involve any major new Google initiatives in China, where the company's main services are blocked over its refusal to censor search results in line with local laws.

  • LONDON, June 18- Global index compiler MSCI is considering including Saudi Arabia and Argentina in its emerging market indexes at a review of its widely-tracked benchmark on Wednesday, and could potentially announce candidates that may join its indexes in future. MSCI will decide whether to reclassify Saudi Arabia and its $526 billion bourse to "emerging"...

  • FRANKFURT/ DUESSELDORF, June 18- Thyssenkrupp's supervisory board is expected to decide whether to form a European steel joint venture with Tata Steel at the end of next week, bringing two years of talks to a head. Sources say the gap could be anywhere between 500 million and 3 billion euros, and closing it might include asking Tata Steel to transfer fewer...

  • BOGOTA, June 18- Colombian President-elect Ivan Duque has promised to unite a divided country behind his plans to toughen a peace accord with Marxist rebels and rekindle economic growth, but he will face major challenges when he takes office in August. The right-wing former senator comfortably won Sunday's election with 54 percent of votes against leftist...

  • ADDIS ABABA, June 18- Ethiopia plans to sell a 30 to 40 percent stake in its state-run telecoms monopoly to big telecoms companies and will split the company in two to spur competition, Prime Minister Abiy Ahmed said on Monday. Selling stakes in its lucrative telecoms monopoly and other assets could open Ethiopia, one of the world's largest untapped markets, to...

  • June 18- WestJet Airlines Ltd and JetBlue Airways Corp founder David Neeleman is planning to launch a new budget airline in the United States, with $100 million in startup capital, according to a report from the Airline Weekly. The airline, tentatively called Moxy, has secured orders for 60 Bombardier CS300 aircraft, the publication said, citing people familiar...

  • LONDON— British Prime Minister Theresa May unveiled details Monday of a plan to boost health care funding by 3.4 percent a year, saying a "Brexit dividend" of cost savings would partly pay for the increase. Opponents welcomed the extra spending, but said claims that Britain would get an economic lift from leaving the European Union were false.

  • *FDA notes questions on data not related to efficacy, safety. The U.S. Food and Drug Administration's letter to the company did not cite any deficiencies related to clinical safety or efficacy of the treatment, Duobrii, but highlighted questions regarding pharmacokinetic data, Valeant said. Valeant did not elaborate further on the data that the FDA had...

  • NEW YORK, June 18- Square Inc, the payments company founded by Twitter Inc CEO Jack Dorsey, has obtained a license to offer New York state residents the ability to buy and sell bitcoin through its Cash App, the company said on Monday. This makes Square the ninth firm to have obtained a so-called "BitLicense" by the New York State Department of Financial Services.

  • BERLIN— The arrest of the CEO of Volkswagen's Audi division is another milestone in the German automaker's three-year scandal over diesel emissions cheating. Rupert Stadler, who was detained in Germany on Monday, is the highest-level executive at Volkswagen to have been arrested since the scandal erupted in 2015. A: In September 2015, the U.S. Environmental...

  • *MSCI all world index down 0.5 pct, Germany's DAX down 1.3 pct. *Oil reverses course: investors eye OPEC meeting, trade worries. NEW YORK, June 18- Global stocks slid on Monday as investors focused on an escalating trade dispute between the United States and China, the world's two largest economies.

  • BRASILIA, June 18- Escalating fears of a damaging trade war between the United States and China drove Latin American currencies lower on Monday and knocked blue-chip stocks across the region, but central bank action supported the Argentine peso. The United States on Friday detailed $50 billion of Chinese imports to face 25 percent tariffs.

  • ST. LOUIS— A Missouri health care company says it has toughened safety requirements for construction at its hospitals since six people died at its facility in Joplin when a massive tornado ripped through the town. St. Louis Public Radio reports that Mercyhealth has prioritized securing its new hospitals with storm-resistant materials and backup generators.

  • LONDON, June 18- Many parents already have concerns, but some may now have a new argument for limiting their children's' screen time'- addiction to video games has been recognised by World Health Organization as a mental health disorder. The WHO's expert on mental health and substance abuse, Shekhar Saxena, said some of the worst cases seen in global research were of...

  • *OPEC likely to loosen supply curbs when it meets on Friday. *Saudi Arabia and Russia look set to increase output. NEW YORK, June 18- Oil prices rose in volatile trade Monday as this week's OPEC meeting raised the specter of production increases and as investors assessed the impact of a trade dispute between the United States and China.

  • KANSAS CITY, Mo.— A funeral will be held for fashion designer Kate Spade this week in Kansas City, where she was born. The Kansas City Star reports that services for Spade are planned for 3 p.m. Thursday at Our Lady of Perpetual Help Redemptorist Church. In lieu of flowers, the family has asked for donations to the American Society for the Prevention of Cruelty to...

  • LONDON, June 18- A consortium led by top oil trader Vitol has entered exclusive talks to acquire stakes in Nigerian offshore fields that are held by Brazil's Petrobras and its partners, industry sources said. The assets are estimated to be worth up to $2.5 billion, the two banking sources and one industry source told Reuters. The buying consortium comprises Vitol,...