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  • TALLINN, Oct 19- Estonia said on Friday it was planning to toughen anti-money laundering rules by forcing people suspected of benefiting from suspicious financial transactions to prove their wealth came from legitimate sources. Similar legislation is in force in Great Britain, Ireland, Italy, Netherlands and Slovakia. Estonia has been under the regulatory...

  • BERLIN, Oct 19- Belgium is likely to decide which fighter jet to buy to replace its ageing F-16s by the end of this month, several sources have told Reuters, and industry experts expect it to pick Lockheed Martin's F-35 over the Eurofighter Typhoon. The multi-billion dollar decision, widely watched in the aerospace industry, had been expected in July before the...

  • BRUSSELS, Oct 19- Cambodia failed on Friday to allay criticisms of authoritarianism and rights abuses that threaten the country's duty-free trading access to the European Union, the EU's top diplomat said after talks with its premier. Brussels began a formal procedure this month to strip Cambodia of its special trade status, worth billions of euros a year,...

  • *FTSE 100 reverses losses to close up 0.3 pct. *FTSE 250 notches up losses for 4th straight week. After a choppy day's trading the FTSE 100 clawed back earlier losses to close up 0.5 percent as a strengthening U.S. dollar boosted exporter stocks, which became the biggest weight on the index.

  • LONDON, Oct 19- European stocks ended a choppy trading session broadly flat on Friday but managed to eke out a weekly gain despite mixed third-quarter earnings and while the budget row between Italy's populist government and the European Union heated up. Italy's bank stocks index sustained heavy losses in morning trading and fell to 22- month lows as...

  • CHICAGO, Oct 19- A sharp jump in U.S. farmers seeking operating and equipment loans of at least $1 million fueled a spike in agricultural lending in the third quarter of 2018, as trade worries added to economic strain in the farm sector, the Federal Reserve Bank of Kansas City said on Friday. The increase in the size of loans also boosted the share of agricultural...

  • NEW YORK, Oct 19- The Bank of England is preparing Britain's financial system for the consequences of a "disorderly, cliff-edge" Brexit, however unlikely that may be, Governor Mark Carney said on Friday. With little more than five months to go until Britain leaves the European Union, London and Brussels have yet to finalise the terms of their divorce, leaving open the...

  • *U.S.- China trade war weighs on sentiment. NEW YORK, Oct 19- Oil prices rose 1 percent on Friday on signs of surging demand in China, the world's second-biggest oil consumer, although the market was headed for a second week of losses on rising U.S. inventories and concern that trade wars were curbing economic activity. Refinery throughput in China, the world's...

  • Oct 19- U.S. stocks rose broadly on Friday, driven by the consumer staples sector which was helped by Procter& Gamble results, brushing aside growth risk concerns in Europe and political tensions in Saudi Arabia. "The fact that China is supporting its market is a comfort for the U.S. That combined with strong earnings is giving a bit of a breather from macro events, "...

  • EPS $7.95- $8.00, excluding divestitures. Oct 19- Honeywell said on Friday it was seeing slower growth in China and that trade tariffs would squeeze margins and potentially cost it "hundreds of millions" of dollars in 2019.. Like most U.S. industrial companies, Honeywell is taking a hit from the ongoing trade war between Beijing and Washington, while China's...

  • Treasury yields rose on Friday, with the 10- year yield hovering near a one-week high as traders pared safe-haven bond positions on a recovery in Wall Street stocks and hopes for reduced tension between Italy and the European Commission. Kevin Giddis, head of fixed income capital markets with Raymond James in Memphis, Tennessee, said that despite Friday's...

  • Corus will be ramping up its advertising technology and investments in acquiring content for its television business, Chief Executive Officer Doug Murphy said on a post-earnings call with analysts on Friday,. The Toronto- based company's shares, which fell more than 60 percent this year, were up 8.5 percent at C $4.92 in early trading. Corus's television...

  • BOGOTA, Oct 19- Colombia's central bank will hold its benchmark interest rate steady at 4.25 percent until at least March 2019, because inflation and growth expectations are close to their respective targets, a Reuters poll showed on Friday. The 22 analysts surveyed agreed the seven-member board would vote unanimously to hold the rate for a seventh...

  • *Clegg was Britain's deputy PM from 2010 to 2015. LONDON, Oct 19- Facebook Inc has hired former British Deputy Prime Minister Nick Clegg to lead its global affairs and communications team, as the social network deals with a number of scandals related to privacy, fake news and election meddling. The appointment makes Clegg, former leader of Britain's Liberal...

  • KIEV, Oct 19- Ukraine announced on Friday it would raise household gas prices by nearly a quarter as Prime Minister Volodymyr Groysman warned that the country risked default if it crashed out of its International Monetary Fund aid program. If Ukraine receives another tranche, that would allow the government to go to the market to issue new debt and would also...

  • MOSCOW, Oct 19- A Russian delegation will take part in the Future Investment Initiative business forum next week in Saudi Arabia, where it will meet Saudi officials and present Russian art, the Russian Direct Investment Fund on Friday. The delegation, which will be led by Russian Direct Investment Fund head Kirill Dmitriev, has partnered with the State Russian...

  • Oct 19- Custodian bank State Street Corp said on Friday it expects fourth-quarter servicing fee revenue- its main earnings driver- to remain flat compared with the third quarter, sending its shares down 10 percent. The company blamed BlackRock, which moved more than $1 trillion in custody assets to JPMorgan last year, and challenging market conditions for the...

  • Oct 19- Schlumberger NV, the world's largest oilfield services provider, reported a slight profit beat on Friday but cautioned that North American growth would slow due to transportation bottlenecks and hurt results next quarter. "The North America land market is changing pretty rapidly," Chief Executive Officer Paal Kibsgaard said during a third-quarter...

  • SAO PAULO, Oct 18- China's State Power Investment Corporation is in talks to acquire two additional hydroelectric dams and two thermal plants in Brazil, a person with knowledge of the matter said Thursday. State Power is also considering a bid for two coal thermal plants that France's Engie SA owns in the southern Brazilian states of Santa Catarina and Rio...

  • A recovery in the euro from two-month lows hit on worries over Rome's draft budget being rejected by the European Union had the dollar retreating from highs hit in the previous session. Wall Street was buoyed by strong earnings from blue chips, encouraging bulls in the regional bourses, with Mexico's IPC stock index and Brazil's Bovespa each rising more than...