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  • MOSCOW— South Korean President Moon Jae- in is in Moscow on a state visit intended to boost bilateral economic ties. He vowed that Moscow would try to help settle tensions around North Korea. Moscow has proposed building a railway and a natural gas pipeline linking Russia and the two Koreas, arguing that the endeavors could help promote peace and stability.

  • *OPEC has history of agreeing deals without Iran. VIENNA, June 22- OPEC moved closer on Friday towards boosting oil output as its leader Saudi Arabia appeared to have persuaded arch-rival Iran to cooperate, after major consumers warned of a supply shortage. OPEC in theory needs the agreement of all members to clinch a deal but has in the past agreed production...

  • RICHMOND, Va. _ CarMax Inc. on Friday reported fiscal first-quarter net income of $238.7 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.21 per share. Five analysts surveyed by Zacks expected $4.63 billion.

  • BRATISLAVA, Slovakia— A controversial businessman linked to a slain investigative journalist in Slovakia has been detained in a separate case of forgery against a broadcaster. Slovak police say Marian Kocner was charged with forgery and unauthorized money and securities manufacturing, together with former Economy Minister Pavol Rusko.

  • BENGALURU/ JOHANNESBURG, June 22- Crisis-hit Steinhoff will sell Austrian property assets valued at 490 million euros to tycoon Rene Benko's Signa Holding, it said on Friday, the latest sale by the South African retailer following an accounting scandal. For cash-strapped Steinhoff, the deal offers some breathing space as it continues crunch talks with...

  • LONDON, June 22- The world's biggest credit ratings agency S&P Global expects to move around 30-40 of its analysts out of London as a result of Brexit, the firm's president and chief executive has told Reuters. S&P employs around 1,500 analysts globally but needs to meet demands from European Union markets regulator, ESMA, that rating firms have "sufficient"...

  • S&P GLOBAL EXPECTS TO MOVE AROUND 30-40 ANALYSTS FROM LONDON AS RESULT OF BREXIT- CEO.

  • June 22- U.S. stock index futures rose on Friday as oil prices jumped ahead of an OPEC meeting later in the day and in the absence of any significant developments in the China-U.S. trade rhetoric overnight. Oil prices rose more than a percent as OPEC appeared to be nearing a deal to boost supply to make up for losses in production at a time of rising global demand.

  • ATHENS, June 22- Greek Prime Minister Alexis Tsipras said on Friday a decision by euro zone's creditors to offer debt relief marked a definitive turn of the crisis-hit country away from a relentless cycle of austerity.

  • ATHENS, June 22- Greek Prime Minister Alexis Tsipras said on Friday a decision by euro zone's creditors to offer debt relief marked a definitive turn of the crisis-hit country away from a relentless cycle of austerity.

  • WATERLOO, Ontario _ BlackBerry Ltd. on Friday reported a fiscal first-quarter loss of $60 million, after reporting a profit in the same period a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was breakeven on a per-share basis. This story was generated by Automated Insights using data from Zacks Investment Research.

  • The Waterloo, Ontario- based company said revenue from its enterprise software and services business rose 18 percent to $189 million in the first quarter. "I am pleased that BlackBerry QNX software is now embedded in over 120 million automobiles worldwide, doubling the install base in the last three years," Chief Executive Officer John Chen said in a statement.

  • PARIS, June 22- French water and waste group Veolia Chief Financial Officer Philippe Capron is among the favorites to become the new chief executive officer of Air France-KLM, a source familiar with the situation said on Friday. Confirming a report in financial daily Les Echos, the source said Capron, 60, seemed well placed to take the helm at Air France.

  • PARIS, June 22- French water and waste group Veolia Chief Financial Officer Philippe Capron is among the favourites to become the new chief executive officer of Air France-KLM, a source familiar with the situation said on Friday. Confirming a report in financial daily Les Echos, the source said Capron, 60, seemed well placed to take the helm at Air France.

  • BEIJING/ SHANGHAI, June 22- China's southern province of Hainan will offer foreigners unrestricted internet access to Facebook, Twitter and YouTube as part of new incentives to boost tourism. China said in April it aimed to make Hainan an international free trade zone by 2020, an announcement that precipitated a short-lived property boom on the island.

  • *OPEC is meeting in Vienna on Friday to discuss output. LONDON, June 22- Oil prices rose more than 1 percent on Friday as OPEC tried to agree a deal to increase output to compensate for losses in production at a time of rising global demand. Saudi Arabia and Russia want to raise output, but some other OPEC members, including Iran, have opposed this.

  • With Germany flash services PMI data also beating forecasts, the single currency briefly rose to the day's highs at $1.1674. Those gains were partially reversed as investors worried about the widening fallout of a trade war between the United States and China. President Donald Trump threatened on Monday to hit $200 billion of Chinese imports with 10 percent...

  • June 22- BlackBerry Ltd reported a quarterly loss on Friday, compared with a year-ago profit when the Canadian software maker received a one-time arbitration payment of $940 million from chipmaker Qualcomm Inc.. The company's net loss was $60 million, or 11 cents per share, for the first quarter ended May 31, compared with a profit of $671 million, or $1.23 per...

  • PEDAVEEDU, India, June 22- India is fast-tracking environmental clearances for projects like power plants and coal mines in a bid to propel growth, setting off alarm bells among environmentalists and affected residents who say the decisions are being made too quickly. India's industrial sector grew at 4.3 percent last year but growth slowed from 4.6 percent a...

  • *Corruption campaigner Browder flags Latvia- Russia link. Riga responded by tightening controls on a dozen Latvian banks which had promoted themselves as a gateway to Western markets for customers largely in Russia, but also in Ukraine and Moldova, promising Swiss-style secrecy. "We have filed complaints with Latvian authorities with evidence showing the...