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Wires

  • *FTSE 100, mid caps end little changed. LONDON, Aug 23- A sharp fall for advertiser WPP was offset on the British market on Wednesday by gains in mining shares, which extended a strong run, and a buoyant health sector. The FTSE 100 ended flat at 7,382.65 points.

  • MEXICO CITY/ OTTAWA, Aug 23- Mexico and Canada on Wednesday dismissed U.S. Initial talks between Mexico, the United States and Canada to update NAFTA ended in Washington over the weekend with no sign of a breakthrough, and further discussions are due in Mexico City in September. NAFTA's fate is important to Mexico and Canada, which both send most of their exports to...

  • LAGOS, Aug 23- Nigerian fuel distributor Nipco Plc has bought another 3.23 percent stake in 11 Plc, the fuel retailer formerly known as Mobil Oil Nigeria, for 4.84 billion naira to increase its holding to 70 percent. Nipco's investment subsidiary in October bought 60 percent of Mobil Oil Nigeria from Exxon Mobil Corp., when the U.S. giant pulled out of downstream...

  • TOKYO, Aug 23- Japan's Toshiba Corp is prioritising negotiations with Western Digital to sell its memory chip business after talks stalled with a previously preferred bidder, sources familiar with the matter said on Wednesday. In June, it picked a consortium including Japanese government-backed funds, private equity firm Bain Capital and South Korean chip...

  • TOKYO, Aug 23- Japan's Toshiba Corp is prioritizing negotiations with Western Digital to sell its memory chip business after talks stalled with a previously preferred bidder, sources familiar with the matter said on Wednesday. In June, it picked a consortium including Japanese government-backed funds, private equity firm Bain Capital and South Korean chip...

  • NEW YORK, Aug 23- Stocks on Wall Street fell, the dollar sagged and rates on Treasury debt slipped on Wednesday after U.S. President Donald Trump's threat to shut down the government and nix a trade accord with Canada and Mexico raised investor angst. Dovish comments by ECB chief Mario Draghi had little market impact though investors kept a close eye on monetary...

  • *Trump ready to shut govt to build Mexico border wall. Aug 23- U.S. stocks were lower late on Wednesday morning after President Donald Trump's warning of a government shutdown to secure funds to build the Mexico border wall added to nerves as the deadline to the raise the U.S. debt ceiling looms. "Trump saying he would be willing to shut down the government over the...

  • JEDDAH, Aug 23- Saudi Aramco is expected to sign a final deal with PetroChina, China's second-largest state-run refiner, within six months to invest in its Yunnan refinery, Saudi Arabia's Energy Minister Khalid al-Falih told Reuters on Wednesday. The world's top oil exporter aims to push ahead with its oil investments in China to become the country's biggest...

  • *2nd- qtr adj. profit $1.57/ shr vs est $1.61. *Net sales $19.50 bln vs est $19.53 bln. Shares of the No.2 U.S. home improvement retailer dipped 6 percent to $71.27 in morning trading.

  • DUBLIN, Aug 23- Ireland's labor market has more spare capacity than official jobless numbers indicate, a study by two central bank economists showed on Wednesday, suggesting potential for a further fall before major wage pressures emerge. Ireland's economy has grown faster than any other in the European Union for the last three years and is showing few signs of...

  • Aug 23- Credit ratings agency Fitch Ratings on Wednesday said a failure by U.S. officials to raise the federal debt ceiling in a timely manner would prompt it to review the U.S. sovereign rating, "with potentially negative implications."

  • NEW YORK— Matt Kepnes had a desk job in health care with two weeks' vacation a year when he took a solo trip to Costa Rica and "fell in love with travel." "I grew up in an environment where travel wasn't a thing for my family, it wasn't a thing for my friends," he said in an interview for the AP Travel podcast "Get Outta Here. "It came to a head in Argentina."

  • *Q2 rev $844.6 mln vs est of $824 mln. *Q2 adj EPS $0.19/ shr vs est of $0.16/ shr. Traditional apparel retailers, including American Eagle, have been struggling as consumers favor fast fashion and online retailers amid a battered retail sector seeing a spate of bankruptcies such as Aeropostale Inc and Wet Seal.

  • BERLIN, Aug 23- Protecting people rather than property or animals will be the priority under pioneering new German legal guidelines for the operation of driverless cars, the transport ministry said on Wednesday. Germany is home to some of the world's largest car companies, including Volkswagen, Daimler and BMW, all of which are investing heavily in...

  • Aug 23- U.S. crude oil stocks last week fell for an eighth consecutive week to their lowest since January 2016, while gasoline stocks declined more than anticipated, the Energy Information Administration said on Wednesday. Oil prices have recovered from June lows as world supplies have started to tighten, in part due to efforts by the Organization of the...

  • NEW YORK— Independent retailers are strategizing for the fourth quarter, the busiest time for retail. They're trying out new services and building on ones they've had success with before after a chaotic year for the industry. Bryce Phillips, co-owner of Seattle- based evo, says the arrangements benefit all the retailers involved because customers who feel...

  • NEW YORK— Samsung is trying to move past last year's disastrous Galaxy Note 7 launch with a successor sporting a dual-lens camera, animated messages, expanded note-taking— and lower battery capacity. Last year's Note 7 had to be recalled after dozens spontaneously caught fire because of defective batteries. The Galaxy Note 8 will go on sale Sept. 15, about the time...

  • SEOUL, Aug 24- Samsung Electronics Co Ltd set out to wipe the slate clean in New York on Wednesday with a new Galaxy Note 8 phablet, hoping features such as dual rear cameras and its biggest-ever screen will extinguish memories of its fire-prone predecessor. Analysts said brisk sales of that device indicate recovery in Samsung's standing, after battery fires...

  • US TREASURY PRICES EXTEND GAINS AFTER FITCH SAYS DEBT CEILING TO TEST LAWMAKERS, 10- YEAR YIELDS FALL TO 2.18 PCT.

  • *Libya's Sharara oilfield remains shut- sources. Crude stocks at the Cushing, Oklahoma, delivery hub fell 503,000 barrels, the Energy Information Administration said. "Oil inventories continue their downward trend despite a significant increase in crude oil imports this week," said Andrew Lipow, president of Lipow Oil Associates in Houston, Texas.