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  • PARIS, March 26- French industrial confidence fell unexpectedly in March while broader business morale recovered further after violent anti-government protests at the end of the year, official data showed on Tuesday. The INSEE statistics agency said its monthly industrial confidence index fell to 102 points from 103 in February, the lowest since November...

  • BEIJING, March 26- London copper prices were flat in early Asian trade on Tuesday as fears of a recession in the United States, the world's largest economy, were offset by the declaration of force majeure at a key copper mine in Peru. *PERU: Chinese copper miner MMG Ltd will declare force majeure under sales contracts at its Las Bambas mine in Peru after a protest from...

  • *Next round of U.S.- China trade talks this week. SHANGHAI, March 26- Chinese shares fell on Tuesday, extending the previous session's sharp losses as investors remained concerned over the outlook for global growth and the next round of China-U.S. trade talks. The U.S.- China trade war poses the biggest risk to global stability and fiscal stabilisation is needed...

  • TOKYO, March 26- Japanese government bond yields rose from two-year lows on Tuesday after soft results of a 40- year JGB auction and as domestic shares rebounded after precipitous falls the previous session. The auction of 400 billion yen 40- year JGBs attracted bids 3.5 times the offer, compared to bit-to-cover of 3.79 in the previous auction in January.

  • UBER TECHNOLOGIES- JEFFERIES LLC ACTED AS EXCLUSIVE FINANCIAL ADVISOR TO CAREEM ON TRANSACTION.

  • ADDIS ABABA, March 26- The preliminary report on the March 10 Ethiopian Airlines crash will very likely be released this week, Ethiopia's transport ministry spokesman told Reuters on Tuesday. "It will very, very likely be released this week but there could be unpredictable things," Ethiopian transport ministry spokesman Muse Yiheyis said by phone from the...

  • TOKYO, March 26- Japan's Nikkei bounced from five-week lows to close sharply higher on Tuesday as cyclical stocks rose on short-covering following a sell-off the previous day driven by fears of a sharp global economic slowdown. Analysts said that risk aversion eased somewhat after a slide in Wall Street had paused overnight, but concerns about a U.S. recession...

  • *China's blue-chip index loses 0.7 pct, Hong Kong down a tad. European and U.S. equity markets were expected to follow Asia's lead, spreadbetters showed, with London's FTSE futures up 0.3 percent and E-minis for the S&P 500 tacking on one-third of a percent. MSCI's broadest index of Asia-Pacific shares outside Japan rebounded 0.2 percent after losing 1.4 percent...

  • *Banks to take just over 50 percent stake in Jet Airways. NEW DELHI/ MUMBAI, March 26- Jet Airways Chairman Naresh Goyal will step down from the board of the Indian carrier he founded 25 years ago and its lenders will seize control, the company said, as part of a deal led by state-run banks to save the airline from bankruptcy. Goyal's departure, however, could reignite...

  • March 26- Purdue Pharma LP has agreed to settle a lawsuit by the state of Oklahoma accusing the OxyContin painkiller maker of helping fuel an opioid abuse epidemic, a person familiar with the matter said. Hunter's 2017 lawsuit accuses Purdue, Johnson& Johnson& Teva Pharmaceutical Industries Ltd of engaging in deceptive marketing that downplayed the risks of...

  • HOUSTON, March 26- Saudi Aramco's delayed initial public offering is sidelining grand North American expansion plans at its U.S. refining subsidiary Motiva Enterprises LLC, people familiar with the matter said, at a time when its rivals grew their market share. After dissolving a partnership with Royal Dutch Shell PLC two years ago, Motiva set out to rebuild and...

  • SHANGHAI, March 26- Chinese shares fell on Tuesday, extending the previous day's sharp losses, as investor sentiment remained fragile amid fears of a U.S. recession while concerns over a protracted U.S.- China trade war also weighed. **China's blue-chip CSI300 index was down 0.59 percent, with its financial sector sub-index easing 0.52 percent and the...

  • Spot gold was down 0.2 percent at $1,319.86 per ounce as of 0426 GMT, after touching its highest since Feb. 28 at $1,324.33 in the previous session. U.S. gold futures were down 0.2 percent at $1,319.80 an ounce. "Though concerns have gone up, we are not hundred percent sure there is going to be a recession as the yield curve inversion should be there for a whole quarter...

  • BEIJING/ MELBOURNE, March 26- London copper prices drifted in Asian trade on Monday as fears of a recession in the United States were offset by a supply disruption at a key copper mine in Peru. The most traded May copper contract on the Shanghai Futures Exchange slipped 0.3 percent to 48,250 yuan a tonne. *PERU: Chinese copper miner MMG will declare force majeure...

  • NUR-SULTAN, March 26- Kazakhstan's central bank will aim to keep its policy rate at 3.0 percent to 3.5 percent above inflation, central bank Chairman Yerbolat Dosayev said on Tuesday.

  • *Winters says U.S.- China trade tensions are "receding a bit". "China has taken modest actions to re-stimulate the economy," Winters said at the Credit Suisse Asian Investment Conference in Hong Kong on Tuesday. China has hit back with tariffs on about $110 billion worth of U.S. goods, including soybeans and other commodities.

  • *Snow in Dakota threatens to cause planting delays. SYDNEY, March 26- U.S. wheat futures rose more than 0.5 percent on Tuesday to hit a one-month high as adverse weather in a major producing region stoked fears about potential planting delays. The most active wheat futures on the Chicago Board Of Trade were up 0.6 percent at $4.72-1/ 2 a bushel by 0254 GMT, just off the...

  • China is committed to providing foreign investors and companies with a more open and transparent business environment, along with guarantees of intellectual property rights protection and no forced technology transfers, Li told the executives the sidelines of the China Development Forum. The premier also answered questions on U.S.- China trade...

  • TOKYO, March 26- Japan's Nikkei bounced from five-week lows on Tuesday morning as cyclical stocks rose on short-covering following a sell-off the previous day driven by fears of a sharp global economic slowdown. Analysts said that risk aversion eased somewhat after a slide in Wall Street had paused overnight, but concerns about a U.S. recession lingered.

  • HONG KONG, March 26- Standard Chartered PLC Chief Executive Bill Winters said on Tuesday fears over a growth slowdown in China's economy and the impact of the U.S.- China trade tensions are "receding a bit". Winters was speaking at the Credit Suisse Asian Investment Conference in Hong Kong. The trade dispute, which began some eight months ago, has affected the flow...