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  • WASHINGTON— The United States has raised tariffs on steel from Vietnam that Washington says originated in China and evaded anti-dumping duties on Chinese steel. Importers of corrosion-resistant and cold-rolled flat steel from Vietnam will be required to post deposits to pay possible duties of 39 to 256 percent, the Commerce Department said Monday.

  • *Futures signal positive start for Europe, E-Minis flat. *Oil around 2014 highs after Venezuela's presidential elections. Europe was set for a muted start, with futures for London's FTSE index and the Eurostoxx 50 up 0.1 percent each but E-Minis for the S&P 500 were flat.

  • *Deal likely involves China buying more U.S. farm goods. BEIJING, May 22- Washington and Beijing are nearing a deal that would remove an existing U.S. order banning American companies from supplying Chinese telecommunications equipment maker ZTE Corp, two people briefed on the talks told Reuters. The people, who declined to be identified because negotiations...

  • *Oil markets tight on OPEC cuts, looming U.S. sanctions on Iran. SINGAPORE, May 22- Oil prices rose on Tuesday, with Brent edging closer to $80 per barrel, on concerns that Venezuela's crude output could drop further following a disputed presidential election and potential U.S. sanctions on the OPEC- member. "is tight and the U.S. will probably tighten sanctions on...

  • TOKYO, May 22- Japanese shares edged lower on Tuesday from 3 1/ 2- month highs the previous day, with financial shares leading declines as investors booked profits on signs of an apparent peak in U.S. bond yields. Helping Tokyo markets rise on Monday was the reduction of fears of a trade war between China and the United States, which was a key factor behind Wall...

  • TOKYO, May 22- Sony Corp said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world's biggest music publisher in an industry that has found new life in streaming services. The acquisition, which gives Sony a catalogue of more than 2 million songs from artists such as Kanye West, Sam Smith and Sia, is the biggest so far by new CEO Kenichiro...

  • *Huarong wanted to pay less than $6 billion for Ingram- source. HONG KONG, May 22- Several Chinese groups, including Huarong Asset Management, have been in discussions this year to buy Ingram Micro from HNA Group as the once-acquisitive conglomerate continues its efforts to retrench, according to sources with knowledge of the talks. IT parts distributor, which HNA...

  • JUNEAU, Alaska— When Danielle Schumacher attended her first convention of marijuana activists about 15 years ago, she could count on one hand all the women in a room of older men. This is going to shift in my lifetime, and I want to be part of that, "said the San Francisco- based Schumacher, who in 2014 co-founded THC Staffing Group, a recruitment firm that encourages a...

  • LAS VEGAS— Tens of thousands of casino workers in Las Vegas whose contracts expire next week planned to vote Tuesday on whether to authorize a strike, a move that could leave more than 30 properties without unionized housekeepers, bartenders, servers and other key employees. They work at properties on the Las Vegas Strip and downtown Las Vegas, including Caesars...

  • SHANGHAI— Global airlines are obeying Beijing's demands to refer to Taiwan explicitly as a part of China, despite the White House's call this month to stand firm against such "Orwellian nonsense." The Associated Press found 20 carriers, including Air Canada, British Airways and Lufthansa, that now refer to Taiwan, the self-ruled island that Beijing considers...

  • GOTHENBURG, May 22- Sweden's SKF is seeing increasing demand for its bearings from China, where demand for electric cars means it is winning at least one new contract a month, as suppliers adapt to changing automobile technology. SKF Automotive head Bernd Stephan said that while electric car sales were also rising in Europe, China was surging.

  • It's not so much that iron ore prices or volumes are expected to shift dramatically in the coming months, it's more that structural changes in the world's biggest importer, China, are re-shaping how the industry works. China imported 353.4 million tonnes of iron ore in the first four months of 2018, a mere 0.2 percent more than the same period last year, according...

  • *African Development Bank continues to push for similar plans. DAKAR, May 22- In 2014, Democratic Republic of Congo officials trumpeted the launch of a sweeping initiative they said would solve food shortages in one of the worlds poorest countries. With more than 60 percent of the world's unexploited arable land but struggling to feed its surging population,...

  • *AI weeding machines developed in United States, Europe. YVERDON-LES-BAINS, Switzerland/ CHICAGO, May 22- I n a field of sugar beet in Switzerland, a solar-powered robot that looks like a table on wheels scans the rows of crops with its camera, identifies weeds and zaps them with jets of blue liquid from its mechanical tentacles. Herbicide sales are worth $26 billion...

  • *South Africa plan signals strategy for continent. *Africa market small but growing fast Geller. JOHANNESBURG/ BRUSSELS/ LONDON, May 22- Sitting outside the ramshackle Vimba Tavern in Johannesburg's Alexandra township, Patrick Mashego swigs from a one-litre bottle of Carling Black Label, South Africa's most popular beer.

  • PARIS, May 22- Airbus plans to set out measures on Tuesday that will bring it into line with a World Trade Organization ruling on subsidies for its A350 and A380 jets, a senior lawyer said. The move comes after the United States won the right to seek sanctions against European Union goods following a partial victory in its 14- year legal battle against European...

  • WELLINGTON, New Zealand— A judge in Fiji found an opinion writer and three newspaper executives not guilty of sedition on Tuesday in a ruling that many consider a victory for press freedom in the South Pacific nation. The piece ran in a small indigenous-language newspaper published by The Fiji Times. Many people consider The Fiji Times to be the last independent...

  • BEIJING— Asian markets were mostly lower Tuesday after Wall Street gained as Italy moved toward forming a euroskeptic-led government. Sydney's S&P-ASX 200 lost 0.8 percent to 6,036.80 and benchmarks in New Zealand, Taiwan and the Philippines also fell. WALL STREET: Industrial and technology companies led gains after Washington and Beijing appeared to make...

  • BEIJING, May 22- Washington and Beijing are nearing a deal that would remove an existing U.S. order banning American firms from supplying Chinese telecommunications firm ZTE Corp, two people briefed on the talks told Reuters. The people, who declined to be identified because the negotiations were confidential, also said the deal could include China removing...

  • SHANGHAI, May 22- China's yuan edged up against the dollar on Tuesday, bouncing off a nearly four-month low hit the previous day helped by a slightly firmer midpoint and as the greenback's rally paused. Prior to market opening, the People's Bank of China set the midpoint rate at 6.3799 per dollar, 53 pips or 0.08 percent firmer than the previous fix 6.3852.