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  • SEOUL, Dec 15- South Korea did not import any Iranian oil for the third straight month in November, customs data showed on Saturday, even though it has a waiver from sanctions targeting crude supplies from the Middle Eastern country. South Korea and seven other countries were in early November granted temporary waivers from U.S. sanctions that kicked in that...

  • Federal Reserve Today in Washington. 17- Dec Norway Auction of Treasury Bills 18- Dec Japan Auction of 20- year government bonds 19- Dec Japan 1- year discount bill auction 21- Dec Japan 3- month discount bill auction 24- Dec United States Sale of 2- year notes 26- Dec United States Sale of 2- year floating rate notes 26- Dec United States Sale of 5- year notes 26-...

  • SATURDAY, DECEMBER 15 PISA, Italy- ECB President Mario Draghi delivers speech on the occasion of the awarding of the Laurea Honoris Causa in Economics by University of Sant' Anna in Pisa, Italy- 1030 GMT. BRUSSELS- Belgian central bank presents forecasts for Belgian economy, given by bank Governor and ECB Governing Council member Jan Smets- 0900 GMT.

  • WASHINGTON, Dec 14- The U.S. Justice Department said on Friday it would require Gray Television Inc and privately held broadcaster Raycom Media Inc to divest broadcast stations in nine markets as a condition for their $3.6 billion merger. "Without the required divestitures, Grays merger with Raycom threatens serious competitive harm to cable subscribers and...

  • MEXICO CITY, Dec 14- Budget planners for Mexico's new leftist government are considering trimming what they call an opaque fund, a lawmaker said on Friday, which could net up to $5 billion as they aim to make savings without raising taxes. Alfonso Ramirez Cuellar, the head of the budget committee in the lower house told reporters that fund known as Ramo 23, which...

  • Dec 14- Private equity firm Thoma Bravo LLC is in early talks to buy security software company McAfee from TPG Capital and Intel Corp, a source familiar with the matter said on Friday. Intel, which paid $7.7 billion for California- based McAfee in 2011, completed the sale of a 51 percent stake...

  • CHICAGO, Dec 14- U.S. soybean futures fell on Friday for a second session as traders reacted to smaller-than-expected purchases this week by China coupled with ballooning global supplies, traders said. The most-active soybean contract struck a near six-month high on Wednesday, while spot January futures reached a 4-1/ 2- month top, as traders reported China had...

  • WASHINGTON, Dec 14- U.S. farm, automaker and food and beverage groups pressed the Trump administration on Friday to ensure that any new trade talks with the European Union lead to an increase in their access to EU markets with less red tape. President Donald Trump has demanded better terms of trade for the United States from China, the EU and Japan.

  • TORONTO, Dec 14- The Canadian dollar lost ground against its broadly stronger U.S. counterpart on Friday as investors worried about signs of slower global growth and braced for a potential interest rate hike next week from the Federal Reserve. At 4:12 p.m., the Canadian dollar was. "It has been a risk-off day for sure and that ties into the weaker-than-expected...

  • Dec 14- Private equity firm Thoma Bravo LLC is in early talks to buy security software company McAfee from TPG Capital and Intel Corp for more than $4.2 billion, CNBC reported https://www.cnbc.com/2018/12/14/intel-tpg-in-talks-to-sell-mcafee-to-thoma-bravo. h t m l on Friday, citing people familiar with the matter. Intel, which paid $7.7 billion for...

  • DOW JONES INDUSTRIAL AVERAGE CONFIRMS CORRECTION, ENDS DOWN MORE THAN 10 PCT FROM OCT 3 CLOSING HIGH.

  • NEW YORK, Dec 14- Wall Street's three major indexes slumped on Friday as weak data from China and Europe stoked fears of a global economic slowdown, while Johnson& Johnson was a major drag on the S&P 500 and Dow after Reuters reported the company had known knew for decades that asbestos lurked in its Baby Powder.

  • NEW YORK, Dec 14- Oil prices dropped about 2 percent on Friday, weighed down by falling U.S. stock markets, while weak economic data from China pointed to lower fuel demand in the world's biggest oil importer. Brent crude futures fell $1.17 to settle at $60.28 a barrel, a 1.90 percent loss. "The oil complex remains vulnerable to heavy selling into the equities...

  • Dec 14- A U.S. government auction for three wind leases off the coast of Massachusetts ended on Friday with record-setting bids totaling more than $400 million from European energy giants including Royal Dutch Shell Plc and Equinor ASA. The Bureau of Ocean Energy Management announced the sale's three winners- Equinor Wind US LLC, Mayflower Wind Energy LLC, and...

  • PARIS/ MILAN, Dec 14- French media giant Vivendi called on Friday for the replacement of five of Telecom Italia's board members put forward by U.S. activist fund Elliott, citing a "substantial lack of independence." In the Friday statement, Vivendi called for a shareholder meeting to be held as soon as possible, asking for the removal of TIM Chairman Fulvio Conti and...

  • Dec 13- PG&E Corp said on Thursday it had requested California's top utilities regulator for a 6.4 percent rate hike in 2020 to fund its community wildfire safety program, insurance liabilities, and core gas and electric operations. The proposal does not request funding for potential lawsuits or claims resulting from the 2017 and 2018 Northern California...

  • NEW YORK, Dec 14- A gauge of global stocks tumbled on Friday after weak economic data from China and Europe intensified global growth worries as investors weighed the broader impact of the trade dispute between the United States and China. The European data came on the heels of weak readings from China, where November retail sales grew at the weakest pace since...

  • Dec 14- A U.S. government auction for three wind leases off the coast of Massachusetts ended on Friday with record-setting bids totaling more than $400 million from companies backed by European energy giants including Royal Dutch Shell Plc and Equinor ASA, the agency that conducted the sale said. The Bureau of Ocean Energy Management announced the sale's...

  • SAN FRANCISCO, Dec 14- California air quality regulators voted on Friday to require that transit buses have zero emissions beginning in 2029, another step by the liberal-leaning state that sets it apart from the environmental policies of the Trump administration. The move away from diesel buses will be a boon to companies such as Chinese automaker BYD, backed...

  • Dec 14- An Irish regulator said on Friday it was investigating Facebook Inc following the company's disclosure that a bug may have exposed private photos of up to 6.8 million users, the latest in a series of Facebook privacy glitches. The Irish Data Protection Commissioner, the lead regulator of Facebook in the European Union, said it was investigating to...