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  • LONDON, Sept 19- Shale gas developer Cuadrilla will start fracking at its Preston New Road site in northwest England in the next few weeks, it said on Wednesday, as it announced government approval for a second well. The British Geological Survey estimates shale gas resources in northern England alone could amount to 1,300 trillion cubic feet of gas, 10 percent of...

  • EXCLUSIVE- JAPAN'S FINANCIAL REGULATOR TO CHECK BANKS' READINESS FOR SHARP SWINGS IN EMERGING MARKETS- SOURCES.

  • TOKYO, Sept 19- Japan's financial regulator plans to check if the country's banks and other financial institutions are prepared to deal with any impact from sharp swings in emerging markets, sources with direct knowledge of the matter told Reuters on Wednesday. This readiness is expected to be a key part of the annual oversight policy for the Financial...

  • *Three month target for gold at $1,275- Julius Baer. LONDON, Sept 19- Gold bounced on Wednesday as investors shrugged off concerns about the U.S.- China trade war and the dollar weakened, luring some buyers back into the market. China said on Wednesday it will not stoop to competitive devaluation of its currency, hours after it hit back with a softer punch than the one...

  • PINHAO, Portugal— The scorching late summer sun of northern Portugal is ripening the black, super-sweet grapes that will go to make what European Union rules say is the only wine in the world that can be called port. It could, for example, choose to let in rival port producers from the British Commonwealth, such as South Africa and Australia, as it casts around for...

  • Historically, the latest innovations in vehicle technology debut on high-end luxury vehicles. Developing new features is an expensive endeavor, and usually only wealthy shoppers are willing to pay for them. Features such as a navigation system, stability control and even traffic-adaptive cruise control were once the domain of high-priced cars, but now they...

  • *Lobby group's draft letter asks India to "reconsider" law. *Data law could hurt investment in India, it says. NEW DELHI/ MUMBAI, Sept 19- Global tech companies plan to oppose new legislation in India that would require Facebook, PayPal and others to store user data in the country, arguing it will hurt investment and the business models of foreign and domestic firms.

  • CHATTERIS, England, Sept 19- British supermarket group Tesco has laid down the gauntlet to German discounters Aldi and Lidl by launching what it said would be the cheapest store in town. CEO Dave Lewis unveiled Tesco's new Jack's chain on Wednesday, saying the discount stores would sell 2,600 products, including 1,800 Jack's-branded items.

  • ZURICH, Sept 19- Switzerland's export-led economy could post its strongest growth since 2010 this year, but rising global risks like an escalating trade war pose a threat for 2019, the government said on Wednesday. But the buildup of tariffs the United States and China are imposing on each other may spill over into Europe, and Italy's anti-establishment...

  • LONDON— Official figures show that inflation in Britain unexpectedly rose in August to a six-month high as clothing and transport costs rose sharply. The rise is a blow to households across Britain, given that the spike has come alongside another increase in interest rates. In spite of the inflation rise, the Bank of England is not expected to lift interest rates...

  • GENEVA, Sept 19- The World Trade Organization should bring in a new system to determine which countries are classed as "developing", based on the size but also the structure of the economy, a senior official from China's Commerce Ministry said on Wednesday. Zhang Jianping, director of the ministry's research centre for regional economic cooperation, told a...

  • CHICAGO, Sept 19- If you are buying a Medicare supplemental policy in the United States, make sure you choose your insurance carefully over the next few months. Designed for people who do not like healthcare cost surprises, it is the most popular of supplemental plans used to pay for services that Medicare does not cover. The government is cutting off access to Plan...

  • BERLIN, Sept 19- Shares in Ceconomy fell on Wednesday after Europe's biggest consumer electronics retailer cut its profit goals for the 2017/ 18 financial year, citing poor trading as an unusually hot summer put people off buying TVs and other gadgets. Ceconomy, which runs more than 1,000 Media Markt and Saturn stores, became the second German retailer to give...

  • YOKKAICHI, Japan, Sept 19- The chief executive of Toshiba Memory Corp, the world's No. 2 producer of NAND flash memory chips, on Wednesday brushed aside concerns about falling memory chip prices and reaffirmed the company's plan to go public in two to three years. Nevertheless, Toshiba Memory and Western Digital started mass production this month at the new line,...

  • ROME, Sept 19- Italy's populist ruling coalition called on Economy Minister Giovanni Tria on Wednesday to allow greater deficit spending in next year's budget in order to make good on flagship campaign promises. Pressure on Tria has increased as a Sept. 27 deadline approaches to set the deficit and debt targets for next year's budget, which must be presented to...

  • CHINESE COMMERCE MINISTRY OFFICIAL SAYS HE IS CONCERNED UNITED STATES COULD PULL OUT OF WTO'S INTELLECTUAL PROPERTY AGREEMENT, WHICH CUTS GLOBAL TARIFFS ON TECH GOODS.

  • LONDON— British lawmakers are urging regulation for cryptocurrencies such as bitcoin in a report that describes the current situation as the "Wild West." In a report Wednesday on digital currencies, Parliament's Treasury Committee called for regulations to protect consumers and prevent money laundering. But they said there's still room for the U.K. to become...

  • Sept 19- DANSKE BANK A/S CHAIRMAN OLE ANDERSEN SAYS AT A PRESS CONFERENCE:. *HE CONSIDERED STEPPING DOWN BUT BOARD ASKED HIM TO STAY ON. *WILL STEP DOWN WHEN HIS "TASK AT THE BANK HAS BEEN FULFILLED".

  • GENEVA- CHINA COMMERCE MINISTRY OFFICIAL SAYS CHINA WANTS TO SEE REFORM OF DEFINITION OF "DEVELOPING" COUNTRIES AT WORLD TRADE ORGANIZATION.

  • BRUSSELS— The European Union has ruled that Luxembourg did not give the U.S. fast food giant McDonald's a special sweet tax deal and that the non-taxation of some of its profits did not amount to illegal state aid. The EU Commission ended a probe that started in 2015 by saying on Wednesday that advantages granted to McDonald's were the result of differences...