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  • Sept 24- Symantec Corp said on Monday that it would not restate previous financial results except for a specific $13 million transaction, following a four-month long probe into the Norton anti-virus maker's accounting practices, sending its shares up about 4 percent. The company said the committee reviewed a transaction with a customer for which $13 million...

  • LIVERPOOL, England, Sept 24- On a cold autumn night, trade union activist Paula Barker made a passionate plea to fellow members of Britain's Labour Party to be positive about leaving the European Union and make way for leader Jeremy Corbyn's radical new agenda. Split, like much of the country, over how to leave-- Britain's biggest policy shift in more than 40 years--...

  • PARIS, Sept 24- French state-owned bank Bpifrance has abandoned its plan to set up a mechanism to aid French companies trading with Iran, in the face of U.S. sanctions against Tehran. Earlier this year, the bank had said it was working on a project to finance French companies that wished to export goods to Iran despite U.S. sanctions. The United States is renewing...

  • LIVERPOOL, England, Sept 24- The Brexit spokesman for Britain's opposition Labour Party said on Monday his party would vote against any deal Prime Minister Theresa May strikes with the European Union if the agreement failed to meet its tests.

  • *Volvo cannot get paid in Iran due to U.S. sanctions. *Truckmaker says has no active orders in Iran. *Follows other truck makers in Iran pull-back.

  • *U.S.- China tariffs go into effect. U.S. tariffs on some $200 billion worth of Chinese goods took effect on Monday, along with Beijing's retaliatory duties on $60 billion worth of U.S. products, which pressured trade-sensitive stocks. Boeing, the biggest U.S. exporter to China, dropped 0.5 percent and Caterpillar 0.3 percent, leading the losers on the Dow...

  • KUALA LUMPUR, Sept 24- CIMB Group Holdings Bhd, Malaysia's second biggest bank, said on Monday its chairman Nazir Razak has decided to step down by the end of the year after 29 years at the bank. Nazir, the brother of former Malaysian Prime Minister Najib Razak, has been CIMB's chairman since 2014, before which he was the chief executive for 15 years.

  • *U.S., China adopt more tit-for-tat tariffs in trade row. PARIS/ SINGAPORE, Sept 24- Chicago soybean futures eased further on Monday as a trade conflict between Washington and Beijing rumbled on, while corn inched down after an export-fuelled rally last week as traders awaited a clearer picture on the U.S. harvest. The United States and China introduced new...

  • BRUSSELS— The European Union is taking further legal steps against Britain over its alleged failure to effectively prevent customs duties fraud, which is hurting the EU's budget. Against the backdrop of stalled Brexit talks, the EU Commission said in a statement Monday that it took a second step in a procedure to force Britain to take action against the evasion...

  • The message from Saudi Arabia, the biggest producer in the Organization of the Petroleum Exporting Countries, and its ally Russia is that there is no need for extra crude in the market. But the rise in prices doesn't seem to be an issue for Saudi Arabia, with Energy Minister Khalid al-Falih saying after a meeting of OPEC and its allies in Algiers at the weekend that...

  • LONDON, Sept 24- The pound bounced on Monday, rising above $1.31 after a big selloff in the previous session, but investors said upbeat comments from Britain's Brexit minister about a possible deal with the EU would not support the currency for long. Sterling tumbled two cents against the dollar on Friday, its biggest daily drop this year, after Prime Minister...

  • RIO DE JANEIRO, Sept 24- Exxon Mobil Corp, Royal Dutch Shell Plc and other companies will gather on Friday in possibly their last crack at Brazil's coveted offshore oil for another four years, as a wide-open election spurs fears about barriers to foreign investment. China's CNOOC, Chevron Corp, BP, Norway's Equinor, and France's Total are also all registered to...

  • Sirius XM, controlled by media mogul John Malones Liberty Media Corp, has built a name supplying more than 175 channels to car drivers, but has largely trailed Pandora and Spotify Technology SA in mobile and streaming content. Monday's deal gives the pair a market value of about $34 billion, topping Spotify's $31.2 billion and follows through on Sirius' purchase...

  • MILAN— An Italian newspaper reports that the Versace group is on the verge of announcing its sale to an American company for 2 billion euros. Bloomberg and Reuters news agencies later reported the buyer would be fashion group Michael Kors. The Italian company, founded by the late Gianni Versace, declined to comment on the reports.

  • MUMBAI, Sept 24- India's monsoon has produced 9 percent less rain than usual, raising concerns over production of the country's summer-sown crops as rainfall in many key grains producing states has been nearly a quarter lower than normal levels. The monsoon delivers 70 percent of India's annual rainfall and is the lifeblood of India's $2 trillion economy with...

  • LONDON— Britain's independent statistics agency says the country's trade in goods deficit widened almost tenfold over the past two decades largely because of a worsening in the trade balance with the other countries in the European Union. In a study released Monday, the Office for National Statistics said Britain's total trade in goods deficit widened from...

  • LONDON, Sept 24- European stock markets traded in negative territory on Monday as fears of an escalating trade row between the United States and China spread from Asian markets, while oil rallied after OPEC ignored U.S. calls to raise global supply. The benchmark index for euro zone blue chips retreated 0.4 percent, while the pan-European STOXX 600, which also...

  • NEW YORK— Subscription radio company SiriusXM says it's buying music streaming service Pandora Media Inc. in a stock deal valued at about $3.5 billion that'll allow it to expand its service beyond cars and into homes and other mobile areas. SiriusXM Holdings Inc. has more than 36 million subscribers in North America, while Pandora has more than 70 million...

  • Sept 24- Satellite radio company Sirius XM Holdings Inc said on Monday it would buy music-streaming service provider Pandora Media Inc in an all-stock deal valued at about $3.5 billion. Allen& Co LLC and BofA Merrill Lynch are financial advisers to SiriusXM and Baker Botts LLP and Simpson Thacher& Bartlett LLP are providing legal counsel.

  • TEHRAN, Iran— Iran's oil minister has said the United States will not succeed in its plans to halt Iranian crude exports even as he acknowledged that South Korea has stopped buying oil from Tehran, Iranian media reported on Monday. The website of Iran's oil ministry, Shana.ir, quotes the minister, Bijan Zanganeh, as saying the "U.S. dream of getting Iran's oil exports...