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  • NEW YORK, Jan 18- LJM Partners Ltd on Friday filed a lawsuit against unnamed parties it holds responsible for hundreds of millions of dollars it lost after last year's jump in stock market volatility that effectively put the fund manager out of business. The Chicago- based fund manager was one of the largest casualties of the spike in volatility, which wiped out...

  • *Industrials post among biggest sector gains on Wall Street. NEW YORK, Jan 18- World stock indexes jumped on Friday, with Wall Street posting a fourth straight week of gains, and the dollar had its first positive week since mid-December as optimism increased that an end is in sight to the U.S.- China trade conflict. Stocks were boosted by a Bloomberg report that said...

  • NEW YORK, Jan 18- An Iranian-American businessman who gave money to Democrats including former President Barack Obama should be released early from his 12- year prison term for a $292 million bank fraud and moved to home confinement, his lawyers said on Friday. District Judge Sidney Stein in Manhattan to grant it. Attorney Geoffrey Berman in Manhattan declined...

  • Jan 18- Latin American stocks rallied sharply on Friday, with Brazil shares hitting yet another record high and Argentine stocks rising more than 2 percent, as equities around the world were cheered by the possibility of the China-U.S. trade conflict ending. "Any evidence that the U.S. and China are close to a trade agreement will result in a sustained higher...

  • WASHINGTON, Jan 18- The trade deal that U.S. negotiators are seeking with China may have more in common with a sanctions-monitoring regime than a traditional trade pact. President Donald Trump is pushing China to agree to regular reviews of its compliance as a condition of any trade deal between the world's two biggest economies, according to people familiar...

  • UK PM THERESA MAY MADE NO CHANGE TO HER DEMANDS IN PHONE CALLS TO EU LEADERS- THE TELEGRAPH.

  • SHERBROOKE, Quebec, Jan 18- Canada's government on Friday dismissed China's warning of repercussions if Ottawa banned Huawei Technologies Co Ltd from supplying equipment to 5 G networks, saying it would not compromise on security. China's ambassador to Canada issued the threat on Thursday as relations between the two nations continued to deteriorate after...

  • *Canada's annual inflation rate rises to 2 percent. TORONTO, Jan 18- The Canadian dollar was little changed against its broadly stronger U.S. counterpart on Friday, supported by hopes of a possible end to the U.S.- China trade war and domestic data showing that inflation rose more than expected in December. Wall Street and oil prices moved higher after a Bloomberg...

  • ALL THREE MAJOR INDEXES REGISTERED FOUR STRAIGHT WEEKS OF GAINS, BIGGEST FOUR WEEK PCT GAINS SINCE OCT 2011.

  • NEW YORK, Jan 18- U.S. stocks rose on Friday, helping Wall Street's major indexes advance for a fourth consecutive week, as increased hopes that the United States and China would resolve their trade dispute lifted shares across sectors.

  • BERLIN, Jan 18- German online classifieds company Scout24 AG has rejected a 4.7 billion euro takeover offer from private equity firms Hellman& Friedman and Blackstone, potentially paving the way for a bidding war. The paper said U.S. technology-focused buyout firm Silver Lake was expected to be among the bidders looking to acquire Scout24.

  • *Hopes for end to U.S.- China trade spat boosts Wall Street. Treasury yields climbed to three-week highs on Friday as investors piled back into Wall Street on hopes Washington and Beijing were moving to end their trade dispute as well as on stronger-than-expected data on manufacturing output. "It's a belief the thaw between the U.S. and China is growing so that's...

  • The rail merger deal would have created the world's second largest rail company with combined revenues of around 15 billion euros, roughly half the size of China's state-owned CRRC Corp Ltd but twice the size of Canada's Bombardier. Germany and France support the deal, saying it would help secure the competitiveness of the European rail industry.

  • *To boost confidence in oil cut, OPEC issues quota list. *China offers to ramp up U.S. imports- Bloomberg. NEW YORK, Jan 18- Oil prices jumped about 3 percent on Friday, rising after OPEC detailed specifics on its production-cut activity to ease global oversupply, and on signs of progress in ending the U.S.- China trade war.

  • SAO PAULO, Jan 18- Avianca Brasil's battle with its aircraft leasing firms intensified on Friday after Brazil's aviation regulator said it would no longer ground 10 of the struggling carrier's planes and another lessor renewed its effort to repossess 10 others. Aircastle Ltd and General Electric Co's GE Capital Aviation Services unit have been trying to...

  • Jan 18- U.S. regulators have met to discuss imposing a fine against Facebook Inc for violating a legally binding agreement with the government to protect the privacy of personal data, the Washington Post reported on Friday, citing three people familiar with the discussions. The Federal Trade Commission has been probing Facebook since last year.

  • Many of the rigs cut were in the Permian Basin in Texas and New Mexico, the country's biggest shale oil formation, were the rig count dropped by seven this week to 481, the lowest since August. Oil prices tanked in the fourth quarter of 2018, with U.S. crude futures dropping from a near four-year high of $76.90 a barrel in early October to an 18- month low of $42.36 in...

  • SAO PAULO, Jan 18- Brazilian state-owned utility Copel will begin looking this year to divest assets in telecommunications and gas so it can focus on generation, transmission and distribution, its chief executive officer said in an interview on Friday. The power company, owned by the southern state of Paraná, has a telecommunications subsidiary, Copel Telecom,...

  • SAO PAULO, Jan 18- ArcelorMittal SA, the world's largest steelmaker, is set to build its first-ever desalination unit in Brazil to handle unforeseen water needs at its plant in the eastern state of Espírito Santo, senior company executives said in an interview on Friday. The unit is aimed at lessening the company's dependence on state water utility company...

  • WASHINGTON, Jan 18- U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump was elected more than two years ago as an ongoing partial shutdown of the federal government and financial market volatility stoked fears of a sharp deceleration in economic growth. The drop in confidence reported by the University of...