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  • LONDON— Official figures show that consumer price inflation across the U.K. was unchanged in the year to June, a lower than anticipated outcome that may temper expectations that the Bank of England will raise interest rates next month. The Office for National Statistics said Wednesday that inflation in the year to June held steady at 2.4 percent, against...

  • BERLIN— Germany's highest court has rejected complaints against a fee paid by all households to finance the country's public broadcasters, though it found fault with a minor aspect of the system. Germany's long-standing fee system was tweaked in 2013 to make all households pay it, regardless of how many people live there or whether there is a television or...

  • FARNBOROUGH, England, July 18- EasyJet has the flexibility to convert more of an order for Airbus A320 planes into larger A321neos, the chief executive of the British low-cost airline said on Wednesday. EasyJet still has 122 A320s to be delivered from a previous order, and could covert some of those into A321s, CEO Johan Lundgren said at the Farnborough Airshow...

  • July 18- Alphabet Inc's Google is expected to be fined a record 4.3 billion euros by the European Union over its Android system, Bloomberg reported on Wednesday. Google Chief Executive Officer Sundar Pichai had a call with EU Competition Commissioner Margrethe Vestager late Tuesday for a meeting, Bloomberg reported https://bloom.bg/2zL6sGs citing a...

  • ADDIS ABABA, July 18- Ethiopia is open to selling off a host of state-owned firms, either partially or entirely, as part of a major economic reform drive designed to "unleash the potential of the private sector", its information minister said on Wednesday. In an interview with Reuters, Ahmed Shide said the government of Prime Minister Abiy Ahmed- which has announced a...

  • *Says had high growth in Asia, double-digit in North America. ZURICH, July 18- Omega watch maker Swatch Group said it expected strong demand in Asia and America to keep driving sales growth this year after first-half net profit bounced back from weak year-ago levels. It said sales rose 12.6 percent at constant currency to 4.266 billion Swiss francs, driven by "very...

  • LONDON, July 18- AstraZeneca is increasing stockpiles of those medicines in Britain and Europe that could be affected by Brexit by around 20 percent, in preparation for potential disruption if the UK crashes out of the EU without a deal. The move affects drugs made in Britain that could be exported to Europe and supplies in the European Union that may be headed the...

  • LONDON, July 18- AstraZeneca is increasing stockpiles of those medicines in Britain and Europe that could be affected by Brexit by around 20 percent, in preparation for potential disruption if the UK crashes out of the EU without a deal. The move affects drugs made in Britain that could be exported to Europe and supplies in the European Union that may be headed the...

  • BRUSSELS, July 18- EU antitrust chief Margrethe Vestager will hold a news conference at 1100 GMT, the European Commission said on Wednesday, where she is expected to announce a record fine against Google for using its Android mobile operating system to block rivals.

  • July 18- Hong Kong shares fell slightly on Wednesday, with risk appetite curbed by renewed yuan weakness. **China's yuan hit two-week lows against a broadly stronger U.S. dollar on Wednesday, breaching the key 6.7 per dollar level. **Around the region, MSCI's Asia ex- Japan stock index was weaker by 0.05 percent while Japan's Nikkei index closed up 0.43 percent.

  • *China says world will fight back if U.S. continues to be' wilful'. BEIJING, July 18- The U.S.-driven trade war has become the biggest "confidence killer" for the global economy, China's foreign ministry warned on Wednesday, saying the whole world would fight back if the United States continued to be "wilful". Earlier this month the United States and China slapped...

  • BEIJING, July 18- Alphabet Inc's Google said on Wednesday it has launched an artificial intelligence game on Tencent Holdings Ltd social media app WeChat, as the company continues to show tentative signs of re-entering China's consumer market. The U.S. technology firm has been experimenting with new inroads to the China, where the majority of it products...

  • Wall Street's jump back above the 2,600 points mark overnight was also still lifting spirits early on in Europe. London's FTSE made 0.5 percent as the pound continued to suffer the Brexit blues, while Germany's Dax surged to a one-month high on hopes the European Union and United States could cut a deal on car tarriffs. MSCI's broadest index of Asia-Pacific...

  • MILAN, July 18- The cost of using Italian bonds to raise funds rose on Wednesday after clearing house LCH increased the margin on debt from the euro zone's third largest economy. Italian bonds have come under pressure in the market since anti-establishment parties joined forces in May and went on to form a coalition government following an inconclusive...

  • STOCKHOLM, July 18- Mobile telecom equipment maker Ericsson unexpectedly swung to a modest operating profit in the second quarter, boosted by growing sales in North America and said it was increasingly confident of meeting its longer-term targets. It had been in the red since the third quarter of 2016 and its return to profit sent its shares up 10 percent by 0816...

  • *GOOGLE TO BE FINED $5 BILLION BY EU OVER ANDROID- BLOOMBERG Source text: https://bloom.bg/2uL3UCc Further company coverage:.

  • GOOGLE TO BE FINED $5 BILLION BY EU OVER ANDROID -BLOOMBERG.

  • *Now sees annual profit in 550- 590 mln stg range. LONDON, July 18- British low cost airline easyJet raised its profit guidance on Wednesday, forecasting earnings could soar by as much as 45 percent this year as it benefits from the collapse of rivals last year and strikes at competitor Air France. EasyJet, which is Europe's second-largest budget airline behind...

  • Brent crude oil was down 60 cents at $71.56 a barrel by 0750 GMT. Oil markets have fallen over the last week as Saudi Arabia and other members of the Organization of the Petroleum Exporting Countries and Russia have increased production and as some supply disruptions have eased. Investors have also begun to worry about the impact on global economic growth and...

  • BRUSSELS, July 18- The European Union will impose duties from Thursday on Chinese electric bicycles in a move to curb cheap imports that European producers say are flooding the market. The European Commission, which is carrying out an investigation on behalf of the 28 EU members, decided that tariffs of between 27.5 and 83.6 percent should apply for all e-bikes...