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  • NEW YORK, Nov 16- A decade ago, Alli Webb was a hair stylist who made house calls, driving all over Los Angeles to shampoo, style, and blow-dry clients hair before big nights out. Huge demand for her services led her to open Drybar, a Brentwood hair salon that exclusively offers blowouts. Today, the business she built operates over 95 salons across the United States, with...

  • *CEE units give up gains on UK politics turmoil. BUDAPEST/ WARSAW, Nov 16- Central European currencies reversed early gains on Friday as sterling and the euro retreated after a report that British lawmakers planned to bring a vote of no confidence in Prime Minister Theresa May. That overshadowed speculation that Polish central bank Governor Adam Glapinski...

  • PORT MORESBY, Nov 16- President Xi Jinping made a push to expand China's influence in the Pacific on Friday, holding a forum with leaders of eight small island countries in Papua New Guinea. But Chinese officials barred most media, including reporters from the Pacific, from the forum at which Xi met leaders from the Cook Islands, Fiji, Micronesia, Niue, Samoa, Tonga,...

  • *FTSE 100 up 0.1 pct; FTSE 250 up 0.33 pct. LONDON, Nov 16- UK shares staged a fragile comeback on Friday as gains in mining and oil stocks helped revive a market battered by Thursday's sell-off, while Brexit-sensitive banking and housebuilder stocks came under renewed pressure. The FTSE 100 was up just 0.1 percent at 1033 GMT after briefly falling into negative...

  • *Iraq took over Kirkuk after failed Kurdish independence vote. LONDON, Nov 16- Iraq has restarted exports of Kirkuk oil, halted a year ago due to a standoff between the central government and Kurdistan's semi-autonomous region, industry sources said on Friday after a new government in Baghdad agreed a tentative deal with Erbil. The halting of exports from Kirkuk...

  • *Nikkei subdued, Asia shares ex- Japan edge up. *Pound shaky after hammering on UK political chaos. London, Paris and Frankfurt markets all gained around 0.4 percent, having been punished the previous day by the resignation of Britain's Brexit minister roughly 12 hours after a draft agreement with the European Union was released.

  • *FTSE 250 stages modest recovery. The index was on course for a weekly loss as Brexit chaos, Italy's budget showdown with the European Commission and anxious oil markets sapped risk appetite. Britain's FTSE 100 and FTSE 250 recovered slightly, up 0.2 percent and 0.4 percent respectively after Thursday's sharp sell-off in domestic stocks on ministerial...

  • PARIS, Nov 16- French plans to privatize Aeroports de Paris have attracted strong interest from "several consortiums" including some led by industrial investors, state holdings chief Martin Vial said on Friday. "As of today the intensity of competition is strong," Vial told reporters at a briefing in Paris, adding that a successful sale requires "more than two"...

  • LONDON, Nov 16- The pound rebounded slightly on Friday on reports that a leading eurosceptic minister would not follow other Brexiteers in quitting the British government and as Prime Minister Theresa May struck a defiant tone despite strong opposition to her Brexit deal. The resignations and May's precarious position left investors panicking that...

  • JOHANNESBURG, Nov 16- South Africa's cash-strapped power utility Eskom said on Friday it had revised its coal strategy to focus on contracts that offer long-term, fixed prices and security of supply as it faces possible power outages and low stockpiles of the fuel. "Eskom's long-term coal strategy has been revised to revert Eskom's coal supply to dedicated...

  • LONDON, Nov 16- British Prime Minister Theresa May was fighting for survival on Friday after a draft divorce deal with the European Union provoked the resignations of senior ministers and mutiny in her party. More than two years after the United Kingdom voted to leave the EU, it is still unclear how, on what terms or even if it will leave the EU as planned on March 29,...

  • "This agreement is only a draft," Chief Executive Warren East told BBC radio on Friday, joining a line of industry captains urging politicians to be pragmatic and not torpedo an agreement that would allow UK- EU trade to keep flowing. Manufacturers like Rolls-Royce fear new customs duties and red tape could threaten the just-in-time delivery of thousands of...

  • TOKYO, Nov 16- The United States ambassador to Japan defended his country's trade policies on Friday, saying they were not protectionist and were aimed at creating a more level playing field for American companies. And he has voiced displeasure with Japan's $69 billion trade surplus with the United States in 2017- almost two-thirds of that from auto exports- and...

  • *OPEC could cut supply by 1.4 mln bpd to prevent glut. Russia resisting calls to join renewed cuts. LONDON, Nov 16- Oil rose on Friday on hopes that supply cuts will be agreed at OPEC's meeting on Dec. 6, but failed to recoup recent losses on oversupply concerns that have shaved more than a fifth off the Brent crude benchmark since early October.

  • The broader index for emerging markets was on track for a 0.7 percent weekly gain with shares in Turkey and South Africa gaining nearly 1 percent each on the day. While China sent a written response to U.S. demands for trade reforms, Washington said this was unlikely to prompt a breakthrough at talks between Presidents Donald Trump and Xi Jinping later this month.

  • ISLAMABAD, Nov 16- Muhammad Hammad Azhar, one of the youngest ministers in Pakistan's new government, is the latest in a long line of officials to face a problem that undermines his country's development: getting people to start paying income taxes. Ending a culture of rampant tax evasion is expected to be high on the agenda in negotiations this month with the...

  • Nov 16- AstraZeneca said on Friday its immunotherapy drug Imfinzi did not meet the main goal of improving survival rates for patients with the most advanced form of lung cancer, putting pressure on its shares. The study, known as "Mystic," was among the industry's most anticipated clinical experiments and was viewed as central to proving the value of the group's...

  • LONDON, Nov 16- British Prime Minister Theresa May was fighting for survival on Friday after a draft divorce deal with the European Union provoked the resignations of senior ministers and open mutiny in her party. More than two years after the United Kingdom voted to leave the EU, it is still unclear how, on what terms or even if it will leave the EU as planned on March...

  • Nov 16- Canadian software maker BlackBerry Ltd said on Friday it will acquire Cylance, an artificial intelligence and cybersecurity company, for $1.4 billion in cash. Besides the cash component, the deal includes the assumption of Cylance's unvested employee incentives, BlackBerry said. Cylance will operate as a separate business unit within BlackBerry, the...

  • TOKYO, Nov 16- Japan's Government Pension Investment Fund is now able to hedge against fluctuation in the value of various currencies, the head of the world's largest pension fund said on Friday, declining to say whether it had started or will start doing so. GPIF President Norihiro Takahashi, who heads the $1.5 trillion fund, spoke to Reuters in Tokyo as part of the...