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  • *Net up 18 pct to 644 mln euros; analyst consensus was 454 mln. AMSTERDAM/ FRANKFURT, Jan 17- ASML, a leading supplier of equipment to the world's biggest chipmakers, reported fourth-quarter net profit that far exceeded expectations after some customers requested early delivery of products to satisfy booming demand. Net profit for the Oct.- Dec. 2017 period rose to...

  • BERLIN— The eurozone finance ministers' new leader says Europe needs to use a "unique window of opportunity" in the coming months to strengthen the continent's common currency. Portuguese Finance Minister Mario Centeno traveled to Germany, Europe's biggest economy, on Wednesday on his first official trip since taking over as head of the eurogroup last weekend.

  • **Cancer drug developer's shares up as much as 53.16 pct to $2.67- biggest intraday pct gain in more than 3 months. **Says an independent data monitoring committee recommended co to continue its late-stage study of its lead drug, rigosertib, in patients with higher-risk myelodysplastic syndromes. **IMDC recommends co to increase enrollment by adding 135 patients...

  • NEW YORK— An employee is severely depressed and unable to complete a task. John Crossman has had employees at his commercial real estate company whose personal problems made it hard for them get work done. At the same time, "You have to decide, what business boundary are you going to put up," says Crossman, whose eponymous company is based in Orlando, Florida.

  • HOUSTON, Jan 17- SandRidge Energy Inc plans to meet with activist investor Carl Icahn on Wednesday over his demands for a board shake-up and other governance changes, part of a bid by the U.S. shale oil producer to quell tensions with its largest shareholder and most outspoken critic. A week ago, in a letter referencing the Wednesday meeting, Icahn called on the...

  • NEW YORK— Former "Today" show anchor Ann Curry says she's not surprised by the allegations that got former colleague Matt Lauer fired and that there was an atmosphere of verbal sexual harassment at the NBC show when she worked there. Curry lost her job after less than two years as Lauer's co-anchor in 2012 and left NBC in 2015. Meanwhile, "Today" announced that Libby...

  • OTTAWA, Jan 17- The Bank of Canada raised interest rates on Wednesday, as expected, but said that while more rate hikes are probably warranted, some continued monetary policy accommodation will likely be needed to maintain optimal growth and inflation. "It seems the Bank of Canada is leaning towards a more dovish stance and certainly playing up the concerns...

  • NEW DELHI, Jan 17- India will need at least $125 billion to fund its ambitious plan to increase the share of renewable power supply in the countrys grid by 2022, a top government official told Reuters, underlining the immense financing challenge ahead. To put India's $125 billion requirement in context, global corporate funding for the solar industry- the...

  • NEW YORK, Jan 17- The U.S. yield curve flattened to a decade-low spread between 5- year and 30- year yields and two-year Treasury yields hit a nine-year high on Wednesday on expectations the Federal Reserve will continue to tighten monetary policy this year. The front end of the curve is responding to the Feds insistence on continuing to hike rates while the...

  • DUBAI, Jan 17- Weeks of talks between UAE energy firm Dana Gas and some local holders of a disputed $700 million sukuk have failed to reach an agreement, sources told Reuters, leaving a potentially protracted legal battle as the only available option for now. Dana proposed in June last year to swap its sukuk, held by international investors such as BlackRock as well...

  • BRUSSELS/ NAIROBI, Jan 17- Police on Wednesday searched the headquarters of Belgian company Semlex, which supplies passports to various African countries, and the home of its CEO, Albert Karaziwan. About a dozen officers arrived at Semlex's office in Brussels and at Karaziwan's house in the city early in the morning. Earlier this week, authorities in the Comoros...

  • The tax overhaul is taking a chunk out of Wall Street profits this quarter as lenders swallow one-time charges on overseas earnings and write down deferred tax assets to reflect the lower corporate rate. Bank of America Chief Executive Officer Brian Moynihan said some tax savings would be funneled into technology investments but the bulk of the windfall...

  • UAE'S DANA GAS, LOCAL CREDITORS FAIL TO REACH SUKUK AGREEMENT AFTER WEEKS OF TALKS- SOURCES.

  • FRANKFURT/ BRUSSELS, Jan 17- Euro zone officials could pick a new European Central Bank vice president within weeks, kicking off two years of flux at the top of one of Europe's most vital institutions and previewing a tussle to replace ECB chief Mario Draghi in 2019.. Germany is seen as eager to claim the presidency at last, two decades after the ECB's creation, but...

  • SAO PAULO, Jan 17- Brazil's benchmark Bovespa equities index registered strong gains on Wednesday, breaching the 80,000- point mark for the second time, amid strong inflows of foreign capital and industry-related news that lifted some major stocks. Brazil's benchmark Bovespa index had climbed 0.57 percent in early afternoon trade, while the nation's real...

  • LONDON, Jan 17- Copper resumed its decline on. "That was a pretty rapid rise in December and we seemed to have traded ahead of the fundamentals, so there was always the risk of profit taking given the net speculative positioning was elevated," Robin Bhar, head of metals research at Societe Generale in London, said. *POSITIONS: Futures brokerage Gelin Dahua has cut its...

  • LONDON, Jan 17- Copper resumed its decline on. "That was a pretty rapid rise in December and we seemed to have traded ahead of the fundamentals, so there was always the risk of profit taking given the net speculative positioning was elevated," Robin Bhar, head of metals research at Societe Generale in London, said. *POSITIONS: Futures brokerage Gelin Dahua has cut its...

  • LONDON/ TOKYO, Jan 17- Bitcoin skidded below $10,000 on Wednesday, halving in value from its peak price, with investors gripped by fears regulators could clamp down on the volatile cryptocurrency that sky-rocketed last year. The price of bitcoin, the world's biggest and best known cryptocurrency, fell to as low as $9,500 on the Luxembourg- based Bitstamp exchange,...

  • *Attacks in 2016 helped push Nigeria into recession. YENAGOA/ LAGOS, Nigeria, Jan 17- Nigerian militants threatened on Wednesday to attack off-shore oil facilities within days, raising fears of a repeat of a 2016 wave of violence that helped push Africa's biggest economy into recession. Akpo stakeholders include Total, China's CNOOC, Brazil's Petrobras and...

  • *Qatar Airways approached to buy stake in U.S. airline. KUWAIT, Jan 17- A start-up airline in the United States has offered a 25 percent stake to Qatar Airways, Chief Executive Akbar al-Baker said on Wednesday, giving the Gulf carrier a second chance to buy into a U.S. airline. Qatar Airways tried to buy up to 10 percent of listed American Airlines last year, but changed...