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  • LONDON, Nov 22- Zinc extended gains on Thursday on persistent supply tightness while bellwether copper dipped on worries over a looming global growth slowdown and escalating trade tensions between Washington and Beijing. "There's clearly not a lot of metal in the system so the price is responding to those signals of extreme tightness," said Vivienne Lloyd,...

  • TOKYO, Nov 22- Nissan Motor's board voted on Thursday to oust Carlos Ghosn from his post as chairman following his shock arrest this week, public broadcaster NHK reported, marking the stunning downfall of the executive once hailed as the savior of the Japanese automaker. The board also voted to remove Greg Kelly from his position as representative director, the...

  • ABU DHABI, Nov 22- Abu Dhabi's International Petroleum Investment Co said on Wednesday it had filed a lawsuit against U.S. investment bank Goldman Sachs and others to recover losses suffered through its dealings with Malaysian state fund 1 MDB. The suit alleges Goldman conspired with unidentified people from Malaysia to bribe Khadem Abdulla al-Qubaisi,...

  • BRUSSELS/ LONDON, Nov 22- Britain and the European Union have agreed a draft text setting out a close post-Brexit economic relationship, paving the way for a summit of EU leaders to endorse the deal, European Council President Donald Tusk said on Thursday. Britain is due to leave the EU on March 29, 2019 and diplomats are trying to put the finishing touches to a...

  • LONDON, Nov 22- Liquefied natural gas tankers are conducting a ship-to-ship transfer of a cargo of Yamal LNG in northern Norway, the Norwegian Coastal Administration said on Thursday, the first such operation that may help the facility to raise its output. The seven Arc7 tankers in operations have thus far been carrying LNG cargoes to Britain, Belgium or the...

  • LONDON, Nov 22- The euro briefly rallied to the day's highs on Thursday after Britain and the European Union agreed in principle to a text setting out their future relationship before a summit on Sunday. European Council President Donald Tusk said the text had been discussed by British Prime Minister Theresa May and European Commission President Jean-Claude...

  • GENEVA, Nov 22- The amount of carbon dioxide in the atmosphere hit a new record last year with emissions showing no sign of slowing down, the U.N. World Meteorological Organization said on Thursday. The window of opportunity for action is almost closed, WMO Secretary-General Petteri Taalas said in a statement. "The most alarming thing is that... half of the increase...

  • BRUSSELS, Nov 22- European Commission President Jean-Claude Juncker will host British Prime Minister Theresa May on Saturday at 6 p.m. local time before EU leaders meet to endorse an agreement governing Britain's withdrawal from the European Union.

  • BRUSSELS, Nov 22- Britain and the European Union have agreed in principle on a text setting out their future relationship. *The EU and UK aim for "ambitious, broad, deep and flexible partnership across trade and economic cooperation, law enforcement and criminal justice, foreign policy, security... based on a balance of rights and obligations." *The EU and UK "agree to...

  • *IMF warned Tunisia to keep public sector wages under control. *Strike is biggest in Tunisia in five years. Nov 22- About 650,000 public sector workers went on strike and thousands protested across Tunisia on Thursday over the government's refusal to raise wages amid threats from international lenders to stop financing Tunisia's tattered economy.

  • Spot gold was up 0.1 percent at $1,227.20 an ounce at 1042 GMT, though moves were contained by the U.S. Prices on Wednesday had peaked at $1,230.07, the highest level since Nov. 7. "Weaker stocks tend to be supportive of the gold market, given the uncertainty that prevailing in the market," said Saxo Bank analyst Ole Hansen, adding that the softer dollar was also adding...

  • BEIJING, Nov 22- Chinese e-commerce sites have removed Dolce& Gabbana products amid a spiraling backlash following a series of ads that were condemned as "racist" by celebrities and on social media. The blunder was compounded when screenshots were circulated online that appeared to show Dolce& Gabbana designer Stefano Gabbana making negative remarks about...

  • KHARTOUM, Nov 22- Sudan's annual inflation eased slightly to 68.44 percent in October from 68.64 percent in September, due to lower food and drink prices, the state statistics agency said on Thursday. Sudan's economy was hit hard when the south of the country seceded in 2011, losing three-quarters of its oil output, a crucial source of foreign currency.

  • *FTSE 100 down 1.4 pct; FTSE 250 down 0.8 pct. LONDON, Nov 22- UK shares fell sharply on Thursday as sterling rallied after the European Commision and Britain agreed on a draft text for future EU- UK ties following their divorce, with Centrica, Fresnillo and other mining stocks leading the decline. The FTSE 100 was down 1.4 percent at 1028 GMT, handing back the previous...

  • They're also barred from linking their products with market wizards such as Warren Buffett or Peter Lynch under new Asset Management Association of China rules that bar unauthorized use in private fund products of renowned trademarks, names of famous people or institutions. "Foreign brands have long been misused in China," said Ivan Shi, head of research at...

  • BUDAPEST, Nov 22- Hungarian government bond yields fell to multi-month lows ahead of the year's penultimate bond auction on Thursday, amid optimism over European Union fund inflows for the rest of 2018. Two days after the National Bank of Hungary kept the lowest central bank rate in the eastern wing of the European Union on hold at 0.9 percent, the country's bonds...

  • LONDON, Nov 22- Europe's share markets dropped back into the red on Thursday as investor worries mounted about slowing global growth in the face of rising U.S. interest rates and trade tensions. Chinese markets extended their slump in Asia amid the trade war with the United States, and with Wall Street closed later for Thanksgiving, Europe followed suit.

  • MILAN, Nov 22- European shares resumed their downward trend on Thursday, hit by disappointing earning updates from UK utility Centrica among others and a fall in Italian banks on continued uncertainty about the country's finances. "Hopes have been dashed that yesterday's rally would be the start of a new recovery," said AJ Bell investment director Russ Mould.

  • KHARTOUM, Nov 22- Sudan's inflation eased slightly to 68.44 percent in October year-on-year from 68.64 percent in September, the state statistics agency said on Thursday. Inflation jumped to more than 50 percent in January, when subsidy cuts triggered food price increases that kindled unrest. Since then inflation has continued to accelerate despite...

  • oust Chairman Carlos Ghosn after the shock arrest of its once-revered leader, ushering in a period of uncertainty for its 19- year alliance with Renault. >Nissan wants less Renault clout, as France- Japan back alliance. >France, Japan aim to consolidate Renault-Nissan alliance- Le Maire.