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  • LONDON, Jan 22- Sterling climbed half a percent against the euro and dollar on Monday, nearing $1.40 and reaching its highest level since June 2016' s vote for Brexit, on optimism that Britain will reach a favourable divorce deal with the European Union. French President Emmanuel Macron said on Saturday that Britain would be able to have a bespoke deal with the...

  • *Japan, Europe central bank meetings in focus this week. NEW YORK, Jan 22- The euro edged higher against the U.S. dollar on Monday, as market participants awaited the outcome of the European Central Bank's meeting on Thursday for possible clues to future shifts in the bank's monetary policy. "Generally speaking the majors are all holding in familiar territory here...

  • WASHINGTON, Jan 22- The U.S. Transportation Security Administration said Monday it was requiring six Middle Eastern carriers to participate in an enhanced cargo screening program as part of an effort to raise global aviation security. The carriers and airports are: Egypt Air operating out of Cairo International Airport, Royal Jordanian operating out of...

  • *reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ Apps/econ-polls? RIC= BRIPCA %3 DE C I Brazil inflation poll data. BRASILIA, Jan 22- Brazil's inflation rate likely accelerated in mid-January back to the official target range after ending 2017 below the goal for the first time ever, a Reuters poll showed.

  • DAVOS, Switzerland, Jan 22- The International Monetary Fund on Monday revised up its forecast for world economic growth in 2018 and 2019, saying sweeping U.S. tax cuts were likely to boost investment in the world's largest economy and help its main trading partners. "Political leaders and policymakers must stay mindful that the current economic momentum...

  • VIENNA, Jan 22- Austria is planning to sue the European Commission for allowing Hungary to expand its Paks atomic plant, it said on Monday, not viewing nuclear energy as the way to combat climate change or as being in the common European interest. The country, which shares a border with Hungary, prides itself on supporting environmentally sound energy.

  • Jan 22- Uranium producers' deliberate cuts to production should finally begin to prop up prices next year as reserves of the rare metal dwindle and nuclear power generators rush to lock-in long-term contracts, according to sector veteran John Borshoff. Shares in uranium producers briefly rose late last year after the world's biggest listed producer Cameco...

  • LONDON, Jan 22- Increasing numbers of traders are using their smartphones to conduct foreign exchange deals, a JP Morgan survey showed on Monday. But Scott Wacker, global head of e-commerce sales and marketing at the U.S.-based bank, said electronic trading will continue to grow "whether as a result of external regulatory push or an internal drive for efficiency.

  • *Deal for $87 per remaining share of Juno in cash. Celgene said on Monday it would pay $87 per share for the roughly 90 percent of Juno it does not already own. Juno's stock was worth less than $46 as recently as last week, before the Wall Street Journal reported that the two companies were working on a deal.

  • Jan 22- A court decision on whether to allow an investigation into Steinhoff's accounts is expected to be further delayed until Feb. 19, the South African retailer said on Monday. A decision by the Enterprise Chamber of the Amsterdam Court of Appeal was originally expected by Dec. 22, and had already been delayed once to Jan. 22. The petition was filed by OM Handels...

  • OTTAWA, Jan 22- The NAFTA trade agreement's future hangs in the balance this week as negotiators from the United States, Canada and Mexico try to settle major differences over revamping a pact that President Donald Trump has threatened to abandon. Canada and Mexico, which initially dismissed most of Washington's demands as unworkable, now say there is room to...

  • FRANKFURT, Germany— A spokeswomen for Germany's transport ministry says Volkswagen's Audi brand is being told to recall 127,000 cars diesel cars that reduce emissions controls when not being tested. Ministry spokeswoman Svenja Friedrich said that the motor transport agency had examined Audi diesel engines designed to meet the latest Euro 6 emissions...

  • NEW YORK, Jan 22- Benchmark Treasury yields hit their highest in more than three years on Monday, as investors largely shrugged off a U.S. government shutdown, anticipating it will not have a significant long-term impact on the world's largest economy. Both Republicans- who control the White House and Congress- and Democrats are expected to face pressure to allay...

  • *Sanofi paying $11.6 billion for Bioverativ. By Ben Hirschler, Sudip Kar-Gupta and Michael Erman. Sanofi agreed to buy U.S. haemophilia expert Bioverativ for $11.6 billion, its biggest deal for seven years, while Celgene is paying about $9 billion for the 90 percent of cancer specialist Juno Therapeutics it does not already own.

  • The review comes two days before a meeting of outside advisors to the FDA who will discuss the product and recommend whether it should be allowed on the market. The FDA is not obliged to follow the recommendations of its advisors, but typically does. The FDA reviewers found that by some respiratory and cardiovascular measures, iQOS aerosol exposure produced...

  • FRANKFURT, Jan 22- MerQbiz, an online marketplace for recycled paper, is teaming up with U.S. logistics giant C.H. Robinson as a Chinese ban on imports of scrap paper pushes the fragmented industry to become more efficient. MerQbiz, a joint venture of German engineering group Voith and Boston Consultancy Group, matches up buyers and sellers of recovered paper, an...

  • Weyerhaeuser harvests timber on the Louisiana land in question and is backed in the case by business groups including the U.S. Chamber of Commerce. The frog, found only in four locations in southern Mississippi, also previously inhabited Louisiana and Alabama. The U.S. government identified the Louisiana land partly owned by Weyerhaeuser, which is based in...

  • Jan 22- The U.S. Federal Aviation Administration has cleared Boeing Co's 787-10 Dreamliner for commercial use, the planemaker said on Monday. The Boeing 787-10, which competes with Airbus SE's A350, is a stretched version of the earlier 787-9 Dreamliner and can carry 330 people, seven more than originally designed for. Boeing said it has more than 170 orders for...

  • FRANKFURT, Jan 22- The European Central Bank sharply raised its private sector bond purchases last week, indicating it may skew the remaining months of its 2.55 trillion euro quantitative easing scheme towards corporate and covered bonds. Half of the ECB's 7.65 billion euros of worth of net bond purchases came from the private sector last week, three times the...

  • NEW YORK, Jan 22- Philadelphia Energy Solutions, owner of the largest U.S. East Coast refinery, said on Monday its plan to emerge from bankruptcy hinges on whether it can shed existing biofuel obligations under the country's renewable fuel laws. The Trump administration could also wade deeper into the fray should the Pennsylvania refinery, which has some 1,100...