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  • WASHINGTON, Jan 16- In a victory for President Donald Trump, the U.S. Senate on Wednesday rejected legislation to keep sanctions on companies linked to Russian oligarch Oleg Deripaska, including aluminum firm Rusal. That result fell short of the 60 votes necessary to advance to a final passage vote in the 100- member Senate, where Republicans have a 53-47 seat...

  • *LME Nickel Price, Stocks and Spreads: https://tmsnrt.rs/2ARctPR. LONDON, Jan 16- Nickel bears have been sent running for cover by this week's ferocious squeeze on the London Metal Exchange. Short-dated time-spreads have flexed out to levels not seen in many years as a long-running decline in LME nickel stocks translates into cash-date tightness.

  • Federal Reserve Today in Washington. 17- Jan Japan 1- year discount bill auction 17- Jan United Kingdom 1% Treasury Gilt 2024 17- Jan Spain Bond Auction 18- Jan Japan 3- month discount bill auction 21- Jan Norway Auction of Treasury bills 21- Jan Belgium OLO Auction 21- Jan Netherlands DTC Auction 22- Jan United Kingdom 1 3/ 4% Treasury Gilt 2037 22- Jan Spain...

  • Britain's housing market has slowed since the June 2016 Brexit referendum with house prices, as measured by mortgage lenders Halifax and Nationwide, growing at the slowest pace in around five years. Simon Rubinsohn, RICS' chief economist, said December's fall in price expectations was linked to Brexit uncertainty which has deepened further in recent days...

  • Jan 16- Neel Kashkari, president of the Federal Reserve Bank of Minneapolis and a critic of big banks, on Wednesday said the biggest U.S. banks are "unquestionably" safer than they were before the 2007-2009 financial crisis. The Fed's ability to use monetary policy to safeguard the financial system is about even with the pre-crisis era, he also said, because...

  • SYDNEY, Jan 17- Asian shares crept higher on Thursday as upbeat bank earnings bolstered Wall Street, while an anti-climactic end to the latest chapter in the Brexit saga gave sterling a moment's peace. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1 percent, with Australia was ahead by 0.2 percent. On Wall Street, strong earnings from Bank...

  • Jan 16- John Bogle, whose family's struggles during the Great Depression led him to pioneer low-cost investing and to found Vanguard Group, now the world's biggest mutual fund firm, died on Wednesday at the age of 89, Vanguard said. The cause of death was cancer, said Bogle's assistant Michael Nolan. Bogle's life in many ways was the opposite of his great fund...

  • CHICAGO, Jan 16- With the U.S. government shutdown now in its fourth week, states have begun taking steps to cushion the blow for federal workers who have been tossed out of work or forced to work without pay. Connecticut Governor Ned Lamont on Tuesday announced a partnership with private banks in the state to give federal workers who do not qualify for...

  • NEW YORK, Jan 16- Online student lender CommonBond has laid off around 18 percent of its staff, a company spokeswoman said, citing a plan to shift investment into new areas. New York- based CommonBond was founded in 2012 to fund and refinance student loans at lower interest rates. In March, CommonBond announced it had raised $50 million in a round led by from Fifth...

  • WASHINGTON, Jan 16- Lenders supporting tens of thousands of American farmers on Wednesday warned White House officials that 2019 could cause more producers financial losses if the trade dispute with China is not resolved. But they warned that some farmers were about to run out of options after years of lower corn and soybean prices unless there is an end to...

  • PORT MORESBY, Jan 17- From her red-roofed home near Papua New Guinea's capital of Port Moresby, Isabelle Dikana Iveiri overlooks a giant plant used by Exxon Mobil Corp to liquefy billions of dollars' worth of natural gas before it is shipped to Asian buyers. The $19 billion Exxon-led PNG LNG project was supposed to be a game-changer for PNG, a vast South Pacific...

  • NEW YORK, Jan 16- Bank of America Corp's head of global investment banking Diego De Giorgi is leaving the company, according to an internal memo on Wednesday, in the first major personnel move under new investment banking chief Matthew Koder. De Giorgi, who leaves next month, will be replaced by two investment bankers, Jack MacDonald and Thomas Sheehan, who will be...

  • Jan 16- An advisory panel to the U.S. Food and Drug Administration said on Wednesday that benefits of Amgen Inc's osteoporosis treatment for postmenopausal women at high risk for fracture outweighed its risks and overwhelmingly voted for the drug's approval. The panel, however, raised concerns of cardiovascular safety risks linked to the drug, which FDA staff...

  • SHERBROOKE, Quebec, Jan 16- The uncertainty over whether the United Kingdom will leave the European Union is not a direct problem for Canada but will hit the global economy, Canadian Finance Minister Bill Morneau said on Wednesday. Morneau, speaking to reporters on the sidelines of a Cabinet retreat, sidestepped questions about whether Canada would seek to...

  • VALLEY FORGE, Pa., Jan 16- John Bogle, whose family struggles during the Great Depression led him to pioneer low-cost investing and to found Vanguard Group, one of the world's biggest mutual fund firms, died Wednesday at the age of 89, Vanguard said. Bogle had been in frail health for years, surviving at least six heart attacks and receiving a heart transplant in 1996.

  • VANGUARD GROUP SAYS JOHN CLIFTON BOGLE, FOUNDER OF VANGUARD GROUP, DIED AT AGE 89.

  • President Donald Trump is likely to move ahead with tariffs on imported vehicles, a move that could prompt the European Union to agree a new trade deal, said Senate Finance Committee Chairman Charles Grassley on Wednesday. Trade Representative Robert Lighthizer on trade issues, said he did not like new tariffs but "they are a fact of life when Trump is in the White...

  • LONDON, Jan 16- Prime Minister Theresa May won a confidence vote in the British parliament on Wednesday and then appealed to lawmakers from across the political divide to come together to try to break the impasse on a Brexit divorce agreement. Lawmakers voted 325 to 306 that they had confidence in May's government, just 24 hours after handing her European Union...

  • *JACK BOGLE, FOUNDER OF VANGUARD GROUP AND CREATOR OF THE INDEX FUND, DIES AT AGE 89- CNBC Source: https://cnb.cx/2Cu76WD.

  • JACK BOGLE, FOUNDER OF VANGUARD GROUP AND CREATOR OF THE INDEX FUND, DIES AT AGE 89- CNBC.