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  • LONDON, Jan 18- Major consumer companies including Unilever, Procter& Gamble and Nestle are chasing consumers who want food and household goods delivered automatically, even though this kind of business has not always worked. The world's biggest packaged food company, Nestle, whose Nespresso coffee is already a sizeable subscription business, recently...

  • PHILADELPHIA, Pennsylvania- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on "Business, Equity and the Future of Philadelphia" before event, "The Prosperity Symposium: Economic Mobility Research in Action"- 1600 GMT SOMERSET, New Jersey- Federal Reserve Bank of New York President John Williams speaks on the U.S. economic outlook and...

  • Jan 18- Global miner Rio Tinto on Friday logged a slight drop in quarterly iron ore production in December and said it expected to produce more iron ore in 2019 in a target range that was at the lower end of analyst expectations. Mined copper production beat its guidance, mostly due to higher grades and better productivity at Rio Tinto's Kennecott operations in...

  • Jan 17- U.S. refiners are bidding up prices for scarce types of crude oil needed for their most sophisticated plants as the United States reconsiders harsher sanctions on Venezuela that could further reduce imports of the country's oil. But the proposals that would most affect the energy industry involve banning U.S. exports of refined products or limiting...

  • TOKYO, Jan 18- Japan's annual core consumer inflation slowed in December for the second straight month in a further sign of the growing challenge faced by the central bank in achieving its elusive 2 percent inflation target. The so-called core-core inflation index, which excludes food and energy prices and is similar to the core index used in the United States,...

  • WASHINGTON, Jan 17- President Donald Trump has canceled his delegation's trip to the World Economic Forum in Davos, Switzerland, next week due to the partial U.S. government shutdown, according to a statement released by Press Secretary Sarah Sanders on Thursday. Trump, who attended last year's Davos event, had planned to go again this year but pulled out last week...

  • Jan 17- Netflix Inc reported revenue and a first-quarter forecast slightly below Wall Street estimates on Thursday, sending shares of the world's largest streaming service down 4 percent in after-hours trading. Netflix reported revenue of $4.19 billion for the quarter that ended in December, slightly below the $4.21 billion that Wall Street analysts had...

  • In total, 13 people have been charged in the United States, including the four Audi managers. Managers Richard Bauder, Axel Eiser, Stefan Knirsch and Carsten Nagel all worked in Audi's engine development division in Germany. All are believed to be in Germany.

  • WASHINGTON, Jan 17- President Donald Trump has canceled his delegation's trip to the World Economic Forum in Davos, Switzerland, next week, due to the partial U.S. government shutdown, according to a statement Press Secretary Sarah Sanders released on Thursday. Trump, who attended last year's Davos event, had planned to go again this year but last week pulled out as...

  • NEW YORK, Jan 17- U.S. fund investors charged into high-yield "junk" bonds during the latest week, pouring in $3.3 billion, the most cash flowing into that market since late 2016, Lipper said on Thursday, boosted by soothing words by Federal Reserve Chairman Jerome Powell. Underscoring investors' appetite for some risk-taking, investors pulled $15 billion net cash...

  • LOS ANGELES, Jan 17- Netflix Inc on Thursday said more than 80 million member households will have watched its thriller movie "Bird Box" in its first four weeks, but the streaming giant gave no viewing data for Oscar hopeful " Roma." Netflix said in a statement that with movies like " Roma," from Mexican director Alfonso Cuaron, "we are beginning to have our original movie...

  • BOSTON, Jan 17- Natural gas and oil firm Gulfport Energy Corp said it would buy back $400 million of shares on Thursday, just hours after a public demand to that effect from hedge fund investor Firefly Value Partners. After the close of trading, Oklahoma City- based Gulfport announced plans to buy back $400 million worth of shares in the next two years and said it...

  • CHICAGO, Jan 17- DowDuPont's agriculture unit, Corteva Agriscience, is gearing up to broadly sell farmers in North America and Brazil a new type of genetically modified soybean for planting next year in a challenge to rival Bayer AG. For years, DowDuPont postponed launching Enlist E3 seeds while waiting for the nod from Beijing. China bought about 60 percent of...

  • WASHINGTON, Jan 17- The U.S. House of Representatives backed legislation on Thursday to keep sanctions on companies linked to Russian oligarch Oleg Deripaska, including aluminum firm Rusal, but the Trump administration is expected to lift them as soon as Friday. But the vote was only symbolic, after a similar measure failed in the Republican-led Senate on...

  • In total, 13 people have been charged in the United States, including the four Audi managers. Managers Richard Bauder, Axel Eiser, Stefan Knirsch and Carsten Nagel all worked in Audi's engine development division in Germany. All are believed to be in Germany.

  • WASHINGTON, Jan 17- A federal appeals court said on Thursday it would not delay oral arguments set for Feb. 1 on the Trump administration's decision to repeal the 2015 landmark net neutrality rules governing internet providers. The FCC had no immediate comment on the decision. The FCC voted to reverse the rules that barred internet service providers from...

  • OTTAWA, Jan 17- China's envoy to Canada on Thursday warned Ottawa there would be repercussions if it banned technology firm Huawei Technologies Co Ltd from supplying equipment to Canadian 5 G networks, the latest blast in a deepening bilateral dispute. Relations between China and Canada turned frosty last month after Canadian authorities arrested Meng...

  • NEW YORK, Jan 17- Global stock indexes rose on Thursday as optimism over a resolution to the trade war between the United States and China lifted sentiment, while sterling strengthened amid hopes of a second referendum on Britain's membership in the European Union. Treasury Secretary Steven Mnuchin discussed lifting some or all tariffs imposed on Chinese...

  • Jan 17- Independent experts on an advisory panel to the U.S. Food and Drug Administration were divided over whether to recommend approval of a treatment for type 1 diabetes developed by Lexicon Pharmaceuticals Inc and France's Sanofi SA. At the panel meeting, patients who were part of the trials advocated the drug's effectiveness, but FDA staff flagged the risk...

  • WASHINGTON, Jan 17- A federal grand jury in Detroit on Thursday indicted four managers at Volkswagen AG's luxury Audi unit as part of the U.S. government's investigation into the German automaker's diesel emissions cheating scandal, according to court documents. VW admitted in September 2015 to secretly installing software in nearly 500,000 U.S. cars to...