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  • RIO DE JANEIRO, Nov 19- Brazil's incoming far-right government on Monday tapped a University of Chicago-trained economist with experience in the oil sector to be the chief executive of state-controlled Petroleo Brasileiro SA, amid a debate over privatization of the company's assets. Castello Branco, a member of Petrobras's board until 2016, has also held...

  • BENGALURU, Nov 19- Gold consolidated in a tight $6 range on Monday while investors watched for catalysts in a holiday week, holding above $1,220 as the dollar softened on uncertainty about U.S. interest rates. Spot gold inched 0.1 percent lower to $1,220.63 per ounce by 1339 GMT, having hit a one-week high of $1,225.29 in the previous session.

  • RIYADH, Nov 19- Saudi Arabia's King Salman urged the international community on Monday to halt Iran's nuclear and ballistic missile programmes, and reiterated the kingdom's support for U.N. efforts to end the war in Yemen. King Salman, who did not mention the Khashoggi affair, condemned the actions of Iran, its arch-rival for influence in the region, including in...

  • ABIDJAN, Nov 19- Light rains mixed with sunny spells in most of Ivory Coast last week were expected to boost the main cocoa crop in the world's top producer, farmers said on Monday. Ivory Coast is in the dry season that runs from November to late February, and farmers said rains through December would be crucial to ensure the harvest of big sized beans in February and...

  • COPENHAGEN, Nov 19- The whistleblower who revealed alleged money laundering involving Danske Bank said on Monday that a major European lender helped process up to $150 billion in suspicious payments and two U.S. banks were also involved. Payments totalling 200 billion euros made through Danske Bank's tiny Estonian branch between 2007 and 2015 have sparked...

  • *Britain had aimed for a deal on PESCO role in Nov. BRUSSELS, Nov 19- British plans for a swift inclusion in the European Union's new flagship defence pact are being undermined by political turmoil in London and uncertainly over the terms of Britain's exit from the bloc, EU diplomats say. Britain, along with France, is one of Europe's biggest military powers and had...

  • *Britain had aimed for a deal on PESCO role in Nov. BRUSSELS, Nov 19- British plans for a swift inclusion in the European Union's new flagship defense pact are being undermined by political turmoil in London and uncertainly over the terms of Britain's exit from the bloc, EU diplomats say. Britain, along with France, is one of Europe's biggest military powers and had...

  • Varta, which currently specializes in batteries for hearing aids and large storage systems for solar energy, has agreed a cooperation deal with Germany's Fraunhofer Institute, a scientific research body, the two parties said on Monday. Varta, chemical giant BASF and Ford's German subsidiary Ford-Werke GmbH are among companies involved in talks with...

  • Nov 19- The currencies of Brazil and Mexico weakened on Monday despite the dollar dropping to two-month lows, as concerns of a slowdown in global growth and simmering U.S.-Chinese trade tensions clouded sentiment. Weakness in regional market came also as the United States kept up its tough rhetoric against China on the trade front, as U.S.

  • *Boston, MA- based JV to offer cancer data analytics tools. FRANKFURT, Nov 19- Palantir Technologies Inc will set up a cancer data analytics joint venture with German lab supplies company Merck KGaA, as the U.S. analytics and security firm makes further inroads into health care. Known for helping the U.S. government track down al Qaeda leader Osama bin Laden, Palantir...

  • MILAN, Nov 19- Ordinary Italians largely shunned a new' BTP Italia' bond on offer on Monday after the. government's anti-austerity policies and a row with Brussels. Foreigners have shed a net 69 billion euros in Italian state bonds since May, when the right-wing League and anti-establishment 5- Star Movement first joined forces, data showed on Monday.

  • Nov 19- Venture capital firm SPiCE VC said on Monday its security token launched in March will trade on the OpenFinance Network, the first such asset to list on a U.S. regulated trading platform. They invest in tokens, " Tal Elyashiv, co-founder and managing partner of SPiCE VC told Reuters in an interview late last week. SPiCE VC, registered in Singapore, raised about...

  • LONDON, Nov 19- Copper rose for a fifth straight session on Monday, with hopes of a resolution to the U.S.- China trade war outweighing the threat of higher U.S. tariffs on Chinese goods. "Metals could benefit from a possible truce in the U.S.- China trade war during the upcoming G20 summit," said JP Morgan analyst Natasha Kaneva, adding that spot contracts are...

  • *Ghosn has been arrested- Japan media. TOKYO, Nov 19- Nissan Motor Co Ltd said it was ousting Chairman Carlos Ghosn for alleged financial misconduct and Japanese media reported he been arrested, a shocking fate for a leader hailed for rescuing the company from close to bankruptcy. "The investigation showed that over many years both Ghosn and Kelly have been...

  • *OPEC expected to cut supply to prevent glut. *Russia says it will discuss deal with OPEC on Dec. 6. LONDON, Nov 19- Oil steadied on Monday, having gained in the previous three sessions from the prospect that top exporter Saudi Arabia will push OPEC and maybe Russia to cut supply towards the year-end.

  • *Lack of consensus at APEC meeting shows U.S.- China tensions. PARIS/ SINGAPORE, Nov 19- Chicago soybean futures fell on Monday as a lack of consensus at a meeting of Asia-Pacific leaders cooled hopes that Washington and Beijing may resolve a trade dispute which has disrupted massive U.S. soybean exports to China. Asia-Pacific leaders failed to agree on a...

  • *EU ministers tell London draft deal can't be renegotiated. BRUSSELS, Nov 19- The European Union's Brexit negotiator Michel Barnier said on Monday the draft Brexit deal reached with London was "fair and balanced," as the bloc haggled with Britain over any extension to the envisaged transition period. "We are in fact at a decisive moment in this process; no one should...

  • DUBAI, Nov 19- The United Arab Emirates is fully complying with sanctions imposed this month by the United States on Iran even though it will mean a further drop in trade with Tehran, a UAE economy ministry official told Reuters on Tuesday. Abu Dhabi, the political capital of the UAE federation, has taken a hawkish stand on Tehran, although Dubai, the country's...

  • LONDON, Nov 19- British Prime Minister Theresa May vowed on Monday to stick to her draft European Union divorce deal as dissenting lawmakers in her own party tried to trigger a leadership challenge. May has pledged to fight on, warning that toppling her risks delaying Britain's exit from the EU or leaving without a deal, a step that could thrust the world's fifth...

  • LONDON, Nov 19- Hedge fund managers have exited from all the bullish positions in crude oil and fuels they accumulated in the second half of 2017 as the bull market has unwound. Upside price potential from Iran sanctions and prospective production cuts by OPEC is matched by downside risks from rapidly rising U.S. shale production and a deteriorating economic...