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  • *China central bank head warns of' Minsky moment'. NEW YORK, Oct 19- World stock markets broadly retreated amid investor caution after a flurry of tepid corporate earnings reports from around the globe, stoking demand instead for safer assets like U.S. European shares were on track for their biggest drop in two months on concerns over political upheaval in Spain...

  • TORONTO, Oct 19- The chief executive of Canada's biggest wireless company said on Thursday that he is seeing little demand for Apple Inc's iPhone 8, adding to concerns about prospects for sales of the device. "What we're seeing is sort of... anemic appetite for the iPhone 8," Rogers Communications Inc Chief Executive Joe Natale said in an quarterly earnings...

  • *Iraq to restore Kirkuk oil production by Sunday. HOUSTON, Oct 19- Oil prices slipped on Thursday, pressured by larger-than-expected product inventories in the United States, and some profit-taking after a recent run-up in oil benchmarks. Ongoing tension in the Middle East has kept a bid under the market, however, as reduced flows from the Iraqi Kurdish pipeline...

  • OSLO, Oct 19- Governments should extend the protection of nature far beyond iconic creatures such as tigers and elephants to species including worms and beetles that are vital to human prosperity, the chair of a global scientific project said on Thursday. "We are trying to... put biodiversity and ecosystems on the same level- as an environmental, economic, social,...

  • Oct 19- Uber rival Lyft said on Thursday Capital G, the growth investment fund of Google parent company Alphabet Inc, led a $1 billion round of financing, boosting the valuation of the ride-hailing service to $11 billion. The company already received an investment from GM but it looks like Lyft is shifting more to Alphabet, which has its own autonomous car...

  • LONDON, Oct 19- BP's Chairman Carl-Henric Svanberg who helped navigate the British company through the 2010 Deepwater Horizon oil spill, announced his intention to step down after nearly 8 years in the post. The 65- year old joined BP's board on Sept. 1, 2009 and became chairman on Jan. 1, 2010, four months before the worst offshore disaster in U.S. history that left...

  • NEW YORK— In a story Oct. 18 about lending to women-owned businesses, The Associated Press reported erroneously that the bank surpassed its goal for loans to women-owned companies in 2013. NEW YORK— Getting a bank loan is still a struggle for many women who own businesses. Kirsten Curry has had three rejections in the past six months and is waiting to hear from a...

  • ZURICH, Oct 19- Nestle, the world's biggest packaged food group, is doubling spending on its restructuring this year to up to 1 billion Swiss francs to cope with its weakest sales growth in more than two decades. Europe's largest company by market value is under pressure to improve returns from activist investor Daniel Loeb, whose Third Point hedge fund revealed a...

  • JEFFERSON CITY, Mo.— Missouri officials were submitting a bid Thursday for Amazon's second headquarters that would involve an innovation corridor between Kansas City and St. Louis rather than a single location in one of the state's major metropolitan areas. "Kansas City and St. Louis each could be a great home, and what we proposed to Amazon is no matter what, choose...

  • VERONA, Italy, Oct 19- Italian oil and gas group Eni is keen to strengthen ties with Russia's Rosneft and could forge a partnership in the liquefied natural gas sector, its chairwoman said on Thursday. In May this year, Eni extended a cooperation agreement with Rosneft to explore the Russian Barents Sea and the Black Sea, and consider further opportunities...

  • *3rd- qtr profit 94 cents/ shr vs est 92 cents. BNY Mellon said its foreign exchange revenue slipped 9.7 percent to $158 million in the quarter ended Sept. 30, the first full quarter under new Chief Executive Charles Scharf. "They're not producing the revenue growth that we're seeing in State Street or Northern Trust," said Marty Mosby, an analyst with Vining Sparks.

  • *Cuts FY adj EPS view to $2.40- $2.50 from $2.40 to $2.60. Oct 19- Slack demand for business jets from America's rich led to Textron Inc paring back its full-year profit forecast on Thursday, but the Cessna and Beechcraft jets maker said it would continue to raise prices even at the cost of sales. Sales in Textron's aviation business decreased 3.7 percent in the third...

  • LAGOS, Oct 19- Nigeria's Dangote Cement is still interested in acquiring South African rival PPC and would do a deal at the right price, its outgoing chief executive officer Onne van der Weijde said on Thursday. Weijde said PPC was a "good fit" for Dangote Cement, which is majority owned by Africa's richest man, Aliko Dangote. Dangote Cement made an approach to PPC last...

  • ALBANY, N.Y.— Metro New York City, Buffalo- Rochester, greater Syracuse and the Albany region are all in the running to win Amazon's second headquarters. All four take a regional approach, with the New York City proposal covering Long Island and suburban Westchester County as well. Cities across the country and Canada were expected to submit bids to Amazon.

  • The drugmaker, which had a market cap of $29.30 million at the close of trade on Wednesday, said it would offer a compound formulation of cyclosporine, the off-patent version of Restasis. It will cost 99 cents for a month's supply and refills start at $79 a month. Allergan recently stirred controversy after striking a deal with a Native American tribe that would...

  • LONDON, Oct 19- Crude oil flows through the Iraqi Kurdish pipeline to the Turkish port of Ceyhan were fluctuating close to 200,000 barrels per day on Thursday afternoon, a local shipping source said. The level is slightly lower than the overnight and morning rate. The source said the hourly rate was between 8,000 and 9,000 barrels.

  • NEW YORK, Oct 19- Verizon Communications Inc's quarterly revenue topped Wall Street analyst estimates on Thursday and the company added more phone subscribers than expected, sending shares of the No. 1 U.S. wireless carrier up in mid-morning trading. "Just through licensing content, we can have access to content that we want to distribute to our customers," Chief...

  • SAO PAULO, Oct 19- Brazilian stocks fell to a one-week low on Thursday as concerns over global demand drove prices of base metals sharply lower, hammering shares of miners and steelmakers. Shares of Vale SA, the world's largest iron ore miner, dropped for a third straight day, tracking a slump in China- listed iron ore futures. Steel mills in the northern part of China...

  • SOUTH BURLINGTON, Vt.— The retail giant Target says it plans to open its first Vermont store a year from now. Target Vice President Mark Schindele says the company's expansion into Vermont is long overdue. Phil Scott says that while Vermont may be the last state to host a Target, he expects it to become quickly a part of the community.

  • LONDON, Oct 19- Shares in WPP fell more than three percent on Thursday on a triple whammy of bad news for the world's biggest advertising group, less than two months after it issued a major profit warning. WPP, run by high-profile executive Martin Sorrell, sent shockwaves through the industry in August when it cut its sales target after consumer goods giants curbed...