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  • NAIROBI, June 18- Kenya's biggest mobile phone operator Safaricom is opposed to a proposed tax rise on mobile phone based cash transfers that its chief finance officer said on Monday would discourage the drive towards modern payments systems. In last week's budget speech, Finance Minister Henry Rotich proposed increasing the excise duty on mobile transfers...

  • BERLIN— Germany's environment minister says the country will likely miss its target of cutting carbon emissions by 2020, an embarrassment for a government that wants to lead the charge on limiting climate change. Minister Svenja Schulze said Monday the goal of cutting carbon emissions by 40 percent compared to 1990 by 2020 probably won't be achieved.

  • SINGAPORE, June 18- Asia's naphtha crack for first-half August hit $77.32 a tonne on Monday, making it the lowest front-month value in nearly two months as supplies were expected to increase.- Around 1.4 million tonnes of the fuel, which is used in the petrochemical industry and also to blend with petrol, are expected to land in Asia in July, the highest monthly level...

  • SAN FRANCISCO— Apple is trying to drag the U.S.' s antiquated system for handling 911 calls into the 21st century. If it lives up to Apple's promise, the iPhone's next operating system will automatically deliver quicker and more reliable information pinpointing the location of 911 calls to about 6,300 emergency response centers in the U.S.

  • June 18- BOK Financial Corp said on Monday it would acquire CoBiz Financial Inc in a cash-and-stock deal valued at about $1 billion. BOK will pay about 75 percent of the price in shares and the rest in cash. It expects the acquisition to boost earnings by 6 percent in 2019 and 9 percent in 2020..

  • *OPEC likely to loosen supply curbs when it meets on Friday. *Saudi Arabia and Russia look set to increase output. LONDON, June 18- Oil prices steadied on Monday ahead of an OPEC meeting that is widely expected to increase global crude supply and as investors assessed the impact of a trade dispute between the United States and China.

  • LONDON, June 18- Copper eased for a third session on Monday on fears trade tensions between the world's two largest economies could escalate and demand from China could cool following lacklustre data last week. "Metals are still being pulled down by the looming trade war between China and the United States," said Commerzbank senior commodity analyst Daniel...

  • LONDON, June 18- Many parents will have thought it for a long time, but they now have a new argument to limit their children's' screen time'- addiction to video games has been recognised by World Health Organization as a mental health disorder. The WHO's latest reference bible of recognised and diagnosable diseases describes addiction to digital and video gaming...

  • LONDON, June 18- Many parents will have thought it for a long time, but they now have a new argument to limit their children's' screen time'- addiction to video games has been recognized by World Health Organization as a mental health disorder. The WHO's latest reference bible of recognized and diagnosable diseases describes addiction to digital and video gaming...

  • LONDON, June 18- Many parents will have thought it for a long time, but they now have a new argument to limit their children's' screen time'- addiction to video games has been recognized by World Health Organization as a mental health disorder. The WHO's latest reference bible of recognized and diagnosable diseases describes addiction to digital and video gaming...

  • LONDON, June 18- Many parents will have thought it for a long time, but they now have a new argument to limit their children's' screen time'- addiction to video games has been recognised by World Health Organization as a mental health disorder. The WHO's latest reference bible of recognised and diagnosable diseases describes addiction to digital and video gaming...

  • LISBON, Portugal— Telecoms company Altice has given up its attempt to buy control of Portugal's Media Capital after failing to win approval for the deal from regulators. The two companies said in statements to the Lisbon stock exchange Monday they have ended their efforts to pull off the deal worth 440 million euros. The attempted takeover was the latest bid by...

  • Munich prosecutors said Rupert Stadler was being detained due to fears he might hinder an ongoing investigation into the scandal, plunging Volkswagen into a leadership crisis. "As part of an investigation into diesel affairs and Audi engines, the Munich prosecutor's office executed an arrest warrant against Mr Professor Rupert Stadler on June 18, 2018," the...

  • JOHANNESBURG, June 18- Shares in South African insurer Liberty Holdings fell nearly 5 percent on Monday and appeared set for their worst daily fall since February 9 after it became the victim of a cyber attack last Thursday. Liberty's biggest shareholder Standard Bank, which has a 53 percent stake, said in an emailed response to questions it was supportive of the...

  • BUDAPEST, June 18- The forint and Hungarian government bonds took a breather on Monday after last week's weakening, a day before a meeting of the National Bank of Hungary whose ultra-loose policy has come under fire as U.S. interest rates rise. The zloty shed 0.2 percent and the leu and the Czech crown 0.1 percent by 0913 GMT. Hungary's 10- year government bond yield...

  • FTSE 100 down 0.1 pct. LONDON, June 18- Britain's top stock index fell on Monday as trade tensions between the United States and China kept the pressure on equity markets across Europe. The FTSE 100 was down 0.1 percent by 0840 GMT, at its lowest since May 30 but substantially outperforming other European stock markets.

  • LONDON, June 18- Escalating trade tensions between Washington and Beijing knocked emerging stock markets to a six-month low on Monday while a stronger dollar weighed on currencies. MSCI's emerging market stocks weakened 0.4 percent on their fourth straight day in the red, with Asian bourses such as export-heavyweight South Korea tumbling more than 1...

  • *OPEC likely to loosen supply curbs when it meets on Friday. *Saudi Arabia and Russia look set to increase output. LONDON, June 18- Oil prices fell on Monday after China threatened duties on American crude imports in a trade dispute with Washington, while supply from OPEC and Russia was also expected to rise.

  • LONDON, June 18- The pound fell on Monday as the dollar strengthened, with traders reluctant to buy sterling ahead of a Bank of England policy meeting this week and another expected parliamentary confrontation over the government's Brexit plan. With an escalating trade dispute between the United States and China keeping broader currency markets cautious,...

  • FRANKFURT, June 18- Munich prosecutors said that Audi Chief Executive Rupert Stadler was arrested on Monday because investigators saw the risk that he might seek to suppress evidence in connection with a diesel emissions probe. "The suspect has been seen by a judge, who has ordered him to be remanded in custody," the prosecutors' office said in a statement.