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  • HELSINKI, April 25- Finnish telecom network equipment maker Nokia plunged to a surprise quarterly loss due to a delay in booking 5 G payments and said on Thursday the security dispute surrounding rival Huawei was creating near-term pressure to invest. The company said a failure to book about 200 million euros of net sales related to 5 G in North America weighed...

  • PARIS, April 25- Peugeot maker PSA Group reported a 1.1 percent decline in first-quarter revenue, as a sales decline outside Europe and currency challenges outweighed pricing improvements. While the Opel deal has bolstered PSA's European position, overseas sales have suffered from a sustained collapse at its Chinese joint ventures and have been compounded...

  • LONDON, April 25- Profit at Barclays fell 10 percent in the first quarter as its under-pressure investment bank struggled with tough markets, prompting it to signal further cost cuts if these conditions persist. The poor investment banking performance comes at an awkward time for chief executive Jes Staley, who is locked in a public battle with activist...

  • JOHANNESBURG, April 25- South African miner Anglo American Platinum Ltd's first quarter production fell 6 percent, hit by problems at power supplier Eskom, operational challenges and ore stockpiling in the same period the year before. Power cuts implemented by Eskom, which supplies more than 90 percent of electricity in Africa's most advanced economy, pose a...

  • *FTSE 100 down 0.7 pct. *FTSE 250 down 0.5 pct. The FTSE 100 lost 0.7 percent and the FTSE 250 down 0.5 percent by 0730 GMT.

  • Two trading sources said separately that the Czech Republic had also suspended purchases from the Druzhba pipeline, which runs from Russia via Belarus to central Europe and can pump up to 1 million barrels per day.

  • Central bank meetings in Sweden, Turkey in focus Thursday. LONDON, April 25- The euro languished near a 22- month low on Thursday, weighed down by ailing growth in Germany and the spectre of political uncertainty in Spain. A surprise drop in German business morale has highlighted the divergence between economic data in the United States and the euro zone.

  • MADRID, April 25- Spain is readying for one of its most tightly contested national elections in decades, with the result too close to call and at least five parties from across the political spectrum with a chance of being in government. Sunday's ballot is set to mark a number of firsts: the first coalition government since Spain's return to democracy in the late...

  • MINSK, April 25- Contaminated oil from a major Russian pipeline would reach Slovakia and Hungary in 4-5 days, Belarussian company Gomeltransneft Druzhba said in a statement.

  • According to a court document, Saregama India Ltd filed a petition with the Delhi High Court seeking an injunction against Spotify to stop it from using its songs. The move comes two months after Spotify launched in India, a price sensitive market already crowded by well-funded local players like JioSaavn and Apple Music. Spotify said last month it had more than...

  • BEIJING, April 25- Most base metals advanced on Thursday on hopes of a U.S.- China trade deal, with Shanghai aluminium hitting a near six-month peak on expectations of higher consumption and lower stocks. "This recovery is mainly driven by the expectation of China's stimulus to boost consumption of aluminium downstream sectors such as automobiles and home...

  • BEIJING, April 25- Most base metals advanced on Thursday on hopes of a U.S.- China trade deal, with Shanghai aluminum hitting a near six-month peak on expectations of higher consumption and lower stocks. "This recovery is mainly driven by the expectation of China's stimulus to boost consumption of aluminum downstream sectors such as automobiles and home...

  • TOKYO, April 25- Japanese online fashion retailer Zozo Inc said it expects its profit to recover in the current fiscal year, after booking its first-ever annual drop in earnings on a failed experiment with bespoke tailoring and clashes with fashion brands. Zozo has captured nearly half of Japan's online sales of mid- to high-end clothes by setting up a website...

  • *Japan insurers hit by low bond yields, high FX hedging costs. TOKYO, April 25- As bond yields evaporate globally, many Japanese insurers are looking to secure higher returns at home and abroad by diversifying into riskier corporate and other non-government bonds in the financial year that began this month. The insurers, which collectively manage more than 280...

  • *Spain moves into focus ahead of weekend elections. LONDON, April 25- Germany's benchmark 10- year government bond yield held below zero percent on Thursday, a day after a disappointing German Ifo sentiment survey that exacerbated concerns about the euro zone's economic outlook. And the Bank of Canada on Wednesday held interest rates steady but removed...

  • FRANKFURT, April 25- Merger talks between Germany's top two lenders, Deutsche Bank and Commerzbank, are expected to end in failure, a person with knowledge of the matter said on Thursday. No final decision has been taken, the person added. Both Unicredit and ING Groep have expressed interest in Germany's No. 2 lender, sources have said.

  • DUBAI, April 25- State-run Saudi Telecom has hired six banks to arrange its first issue of U.S. dollar-denominated sukuk, or Islamic bonds, the company said on Thursday. HSBC, JPMorgan, Standard Chartered, Samba, First Abu Dhabi Bank, and KFH have been hired as lead banks for the planned deal. Saudi Arabia's biggest telecommunications operator said it had applied to...

  • BEIJING/ SINGAPORE, April 25- Chinese banks have extended more loans at lower interest rates to small firms in the first quarter, heeding Beijing's call to support the economy, banking regulators told a news briefing on Thursday. The amount of outstanding loans to small enterprises at China's five largest state lenders rose to 1.99 trillion yuan by the end of...

  • *Saudi Arabia, allies can compensate for Iran supply loss- Rysted. SINGAPORE, April 25- Brent crude oil on Thursday rose above $75 per barrel for the first time in 2019 in the wake of tightening sanctions on Iran, while gains in U.S. prices were crimped by a surge in U.S. supply. The United States this week said it would end all exemptions for sanctions against Iran,...

  • FRANKFURT, April 25- Merger talks between Germany's top two lenders, Deutsche Bank and Commerzbank, are expected to end in failure, a person with knowledge of the matter said on Thursday. No final decision has been taken, the person added. The banks declined to comment.