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Wires

  • LONDON, Aug 18- The number of foreign residents visiting Britain for tourism and other purposes during the three months to June was 8 percent higher than a year earlier, figures from the Office for National Statistics showed on Friday. There were some 10.750 million visitors to Britain between April and June, while 19.090 million Britons made trips abroad...

  • LONDON, Aug 17- European shares broke their three-day winning streak on Thursday as banks fell following a set of cautious minutes from the U.S. Britain's FTSE 100 fell 0.6 percent, and Germany's DAX dropped 0.5 percent. Societe Generale, Credit Agricole and BNP Paribas were the top drags on France's CAC, down 1.6 to 2.3 percent.

  • MIDWAY CITY, Calif.— Vernon Poling was 44 years old when he got a home of his own. The Iraq war veteran was medically discharged from the Army in 2014, had to quit his trucking job for medical reasons, and found himself living out of his pickup last year in Orange County, a sprawling area of Southern California best known for its beaches, Disneyland and high housing...

  • SHANGHAI, Aug 18- Hong Kong shares finished down on Friday, tracking weak global markets after the S&P 500 recorded its biggest percentage drop in three months on Thursday amid growing doubts over the Trump administration's ability to implement its economic agenda. The Hang Seng index fell 1.1 percent, to 27,047.57 points, while the China Enterprises Index...

  • *Deadly attack in Barcelona weighs on travel sector. LONDON, Aug 18- European travel stocks fell sharply in early trading on Friday after a deadly attack in tourist hotspot Barcelona, with investors also increasingly concerned the Trump administration was fraying at the seams. As a global sell-off spread, the pan-European STOXX 600 was down 0.9 percent by 0725...

  • BEIJING, Aug 18- A local firm on Friday won the right to explore and develop a shale gas block in the southwestern Chinese province of Guizhou in a government auction for 1.29 billion yuan, local media reported. The Guizhou firm will become one of the few players not primarily focused on the oil and gas industry to explore and develop the unconventional resource in...

  • LONDON, Aug 18- Britain's pound fell against the euro on Friday and was poised for a third consecutive week of losses as a global selloff in risky assets prompted investors to cut bets after a week of tepid U.K. data. With growing market expectations that the Bank of England is unlikely to raise interest rates over the coming months due to Brexit-related risks and...

  • BEIJING, Aug 18- China confirmed a bird flu outbreak at quail farms in the country's southwestern province of Guizhou, according to a Ministry of Agriculture statement on Friday. It was the second bird flu outbreak among poultry in China after the end of the northern hemisphere winter and brings the total culled to more than 248,000 birds. The H7N9 strain of the...

  • BEIJING/ SHANGHAI, Aug 18- China will strengthen rules to defuse risks for domestic companies investing abroad and curb "irrational" overseas investment on its Belt and Road initiative, the state planner said on Friday. Unveiled in 2013, the Belt and Road project aims to boost trade and investment along two routes- one along the ancient " Silk Road," connecting China...

  • Traders said zinc was lifted by expectations of robust demand for steel in China. *LONDON ZINC: Three-month London Metal Exchange Zinc was fetching $3,110 a tonne at 0700 GMT, up 1.6 percent. *SHANGHAI ZINC: The most traded zinc contract on the Shanghai Futures Exchange closed 2 percent higher at 26,150 yuan a tonne.

  • Traders said zinc was lifted by expectations of robust demand for steel in China. *LONDON ZINC: Three-month London Metal Exchange Zinc was fetching $3,110 a tonne at 0700 GMT, up 1.6 percent. *SHANGHAI ZINC: The most traded zinc contract on the Shanghai Futures Exchange closed 2 percent higher at 26,150 yuan a tonne.

  • *Trump legislative failures, valuations worry Wall Street. Concerns over President Donald Trump's ability to push through the pro-growth measures financial investors had expected at the start of this year were at the heart of a second daily 1 percent loss for Wall Street on Thursday. "With President Trumps support from both within and outside of the White...

  • The former Breitbart News executive— who works steps from President Donald Trump in the West Wing— told The American Prospect that "the economic war with China is everything." For decades, American economists, military strategists and policymakers of all stripes have wrestled with how the United States and China, the world's biggest and soon-to-be biggest...

  • LONDON, Aug 18- European travel stocks fell sharply in early trading on Friday after a deadly attack in tourist hotspot Barcelona, with investors also increasingly concerned the Trump administration was fraying at the seams. As a global sell-off spread, the pan-European STOXX 600 was down 0.9 percent by 0725 GMT, with blue-chips down 1 percent, following falls...

  • SHANGHAI, Aug 18- China stocks were largely steady on Friday, with investor optimism over strong corporate earnings and economic fundamentals offsetting some pressure to take profits from recent gains. This is supported by a number of factors including strong data, MSCI inclusion and continued reform, "said Pan Shaochang, an analyst at Dongguan Securities.

  • *Barcelona van attack kills 13, wounds scores. *White House denies rumour Gary Cohn quitting. LONDON, Aug 18- Demand for highly-rated euro zone bonds increased on Friday as investors focused on a deadly attack by a suspected Islamist militant in Barcelona and the difficulties U.S.

  • MOSCOW, Aug 18- TMK, Russia's largest maker of steel pipes for the oil and gas industry, said on Friday its first-half core earnings, or EBITDA, rose 2 percent year on year and would rise further in the second half due to stronger sales in the United States. TMK's first-half net profit was down to $23 million from $71 million a year ago, while revenue rose 27 percent to...

  • SAN FRANCISCO, Aug 17- The ousted chief executive of Uber Technologies Inc rejected a lawsuit filed against him by one of the company's top investors as a "public and personal attack" without merit, according to court documents filed late on Thursday. Venture capital firm Benchmark Capital, which says it owns 13 percent of Uber and controls 20 percent of the voting...

  • BENGALURU, Aug 18- Gold rose for a third day on Friday amid weaker Asian stocks, with some investors gravitating towards safe-haven assets on political uncertainty in the United States and after a terrorist attack in Spain killed 13 people. Markets were further shaken as Spain mounted a sweeping anti-terror operation on Friday after a suspected Islamist...

  • *Asia showing signs of stronger demand in H2 2017. Brent crude futures, the international benchmark for oil prices, were at $51.12 per barrel at 0711 GMT, up 9 cents from their last close but still set for a weekly drop of some 2 percent. The Organization of the Petroleum Exporting Countries, together with non- OPEC producers like Russia, has pledged to restrict output...