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  • Oct 19- Iron ore miner Cleveland Cliffs Inc Chief Executive Officer Lourenco Goncalves went on a rant against financial analysts on a quarterly earnings conference call on Friday, saying some analysts could not "read numbers." In response to a question from B. Riley analyst Lucas Pipes, Goncalves slammed analysts and what he called their lack of understanding...

  • NEW YORK/ LONDON, Oct 19- Raw sugar futures settled higher on Friday, supported by the strong currency in top-grower Brazil, while cocoa prices rose on positive grind data from North America and Asia. *March raw sugar settled up 0.02 cent, or 0.14 percent, at 13.89 cents per lb, more than 6 percent higher on the week, close to the previous session's eight-month high of...

  • Treasury said on Friday it was extending a deadline for investors to divest certain operations, debt and equity of sanctioned Russian company Gaz Group until Dec. 12. The U.S. Treasury Department imposed sanctions in April against billionaire Oleg Deripaska and eight companies in which he is a large shareholder, including automaker Gaz, citing "malign...

  • As of 12:40 p.m. CDT, Chicago Board of Trade November soybean futures were down 4-1/ 2 cents at $8.59 per bushel. Soybeans turned lower, retreating from early gains, after the U.S. Department of Agriculture said private exporters cancelled sales of 180,000 tonnes of U.S. soybeans to China, the world's biggest buyer. The USDA said exporters also cancelled another...

  • PARIS, Oct 19- French state-owned public transport firm RATP aims to more than double its foreign revenue by 2025 through public transport contracts in the Middle East, Asia and the Americas. In a presentation of RATP Group's strategy on Friday, CEO Catherine Guillouard said RATP aims to boost its revenue from 5.5 billion euros in 2017 to seven billion by 2025, of...

  • Federal Reserve officials are monitoring the case of missing Saudi journalist Jamal Khashoggi and the possibility that any sanctions against Saudi Arabia could disrupt oil markets, Atlanta Fed President Raphael Bostic said on Friday. His comments, the first by a U.S. central banker about the case, reflect how it has escalated from a diplomatic dispute...

  • *Euro recovers after being weighed by Brexit, Italy worries. NEW YORK, Oct 19- The euro and British pound rallied against the U.S. dollar on Friday after Bloomberg News reported that British Prime Minister Theresa May is ready to drop a key Brexit demand in order to make a deal for Britain to leave the European Union. The single currency gained to $1.1512, after...

  • NEW YORK, Oct 19- Bank of England Governor Mark Carney said on Friday he thought the U.S. Federal Reserve was raising interest rates for good reasons, based on the strength of the U.S. economy. "They're on the path they're on for fundamentally good, positive reasons," Carney said as he answered questions following a speech at the Economic Club of New York.

  • HARARE, Oct 19- Zimbabwe aims to clear its $2 billion arrears with the World Bank and African Development Bank in the next 12 months, after securing the support of international creditors and donor countries, Finance Minister Mthuli Ncube said on Friday. Zimbabwe has struggled to access international credit since defaulting on its debts to global lenders two...

  • UK IS DROPPING BREXIT DEMAND ON IRISH BORDER TO EASE DEAL- BLOOMBERG, CITING SOURCES.

  • 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...