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  • *President warns Ukraine risks default. PrivatBank was nationalized as part of an clean-up of the banking system backed by the International Monetary Fund, which supports Ukraine with a $3.9 billion loan program. Ukraine's dollar-denominated Ukraine bonds fell more than 1 percent after the ruling by a Kiev court as President Petro Poroshenko said in a...

  • *FTSE 100 down 0.2 pct; FTSE 250 down 0.1 pct. April 18- Britain's FTSE 100 retreated slightly on Thursday after downbeat euro zone PMI data and as investors booked profits before the long Easter weekend. The FTSE 100 was down 0.2 percent and the FTSE 250 dropped 0.1 percent.

  • Efforts to streamline operations and create surge capacity helped railway crews reroute the 50-60 daily trains that use the east-west main line that flood waters severed for almost two weeks, Chief Executive Lance Fritz told Reuters. Net income at Union Pacific, which serves the western two-thirds of the country, rose 6.2 percent to $1.4 billion, or $1.93 per...

  • *European lawmakers back Commission's Wi-Fi proposal. FRANKFURT, April 18- The European Commission's push to implement a Wi-Fi standard for connected cars has won the support of lawmakers in a victory for Germany's Volkswagen, although competitor BMW and other backers of a rival technology still hope to overturn the decision. China, the world's biggest car...

  • LONDON, April 18- Britain said it was concerned by new attempts by the United States to require foreign companies to abide by U.S. sanctions on Cuba that have been rejected by Britain and other European countries. "The extraterritorial application of... sanctions, which we consider to be illegal under international law, threaten to harm UK and EU companies doing...

  • The features will go live in Columbia and South Carolina on Thursday and will roll out across the United States within few days. The 21- year old victim Samantha Josephson was a South Carolina university student. The pilot program will start with the University of South Carolina, while other universities can get themselves enrolled.

  • April 18- Shares of online scrapbook company Pinterest Inc surged 25 percent in their debut on Thursday, giving it a market capitalization of $15.8 billion and signalling increased investor appetite for new tech listings. The offering of 75 million shares was priced at $19, above the expected range of $15 and $17, and raised $1.4 billion in net proceeds.

  • *Saudi Arabia oil exports fall to 7 mln bpd in Feb- JODI. LONDON, April 18- Oil prices were little changed on Thursday as a drop in crude exports from OPEC's defacto leader Saudi Arabia and a draw in U.S. oil inventories supported prices, while the strengthening dollar and weak equities kept futures in check. Brent crude futures were at $71.70 a barrel by 11:24 a.m. EDT,...

  • CALGARY, Alberta, April 18- Canada has extended the deadline for a decision on whether to push forward with the expansion of the Trans Mountain oil pipeline to June 18 from mid-May, the Natural Resources Ministry said in a statement on Thursday. The Trans Mountain expansion project would nearly triple the amount of crude carried from Alberta's oil sands to...

  • *Continued weakness in healthcare drags on Wall Street. NEW YORK, April 18- A gauge of global stocks erased this week's gains on Thursday after underwhelming manufacturing surveys from Asia and Europe and continued weakness in U.S. healthcare shares spurred profit-taking ahead of an extended Easter holiday weekend. On Wall Street, a sell-off in healthcare...

  • April 18- Shares of online scrapbook company Pinterest Inc surged 25 percent in their debut, giving it a market capitalization of $15.8 billion and signalling increased investor appetite for new tech listings, ahead of the much-awaited debut of Uber Technologies. The offering of 75 million shares was priced at $19, above the expected range of $15 and $17, and...

  • *Retail sales post biggest gain in 1-1/ 2 yrs in March. April 18- U.S. stocks dipped in volatile trading on Thursday, ahead of a long Easter weekend, as another drop in healthcare stocks overshadowed gains from industrials after upbeat earnings. "We have had a big run-up here on the belief that economic data would improve and it has come to fruition," said Brent Schutte,...

  • NEW YORK, April 18- Sears Holdings Corp sued longtime Chairman Eddie Lampert, his hedge fund ESL Investments, and former directors including Treasury Secretary Steven Mnuchin, accusing them of allowing the retailer to be looted of billions of dollars before its October 2018 bankruptcy. Other defendants include Bruce Berkowitz and his Fairholme Capital...

  • April 18- U.S. Senate Majority leader Mitch McConnell said on Thursday he plans to introduce legislation to raise the minimum age for buying tobacco products, including vaping devices, to 21 from 18 to curb their "epidemic" use among teens. Unfortunately, it's reaching epidemic levels around the country, "the Republican Senator from Kentucky said in a statement.

  • April 18- Honeywell International Inc is evaluating the revenue potential from supplying parts to Boeing's next major aircraft program, which is likely to be finalized by late 2019 or early next year, Chief Financial Officer Greg Lewis told Reuters. Boeing has signaled that the proposed new mid-sized jetliner, known as NMA, will accelerate its drive to...

  • April 18- Gold steadied on Thursday as weak manufacturing data out of Europe kindled some concerns over global growth, but bullion held near a four-month low, pressured by gains in the U.S. dollar on data showing robust U.S. retail sales. Spot gold was up 0.1 percent to $1,275.39 an ounce as of 10:42 a.m EDT, having fallen to its lowest since Dec. 27 at $1,270.63...

  • April 18- U.S. Senate Majority leader Mitch McConnell said on Thursday he plans to introduce legislation to raise the minimum age to buy tobacco products to 21 from 18.. ID= C7912202-0742- 4 4 0 4- 8 7 7 5- 8 8 3 6 F 2 6 1 D D E F the bill, which will be introduced in May, will cover all tobacco products including vaping devices. Shares of Marlboro maker Altria Group Inc fell 3...

  • April 18- Canopy Growth Corp said on Thursday it had secured a right to buy Acreage Holdings Inc for $3.4 billion once the United States legalizes the production and sale of cannabis. "Our right to acquire Acreage secures our entrance strategy into the United States as soon as a federally-permissible pathway exists," Canopy Chairman and co-Chief Executive...

  • April 18- Oilfield services provider Schlumberger NV on Thursday forecast rising international and offshore exploration spending this year, after posting a 20 percent drop in first-quarter profit due to weak North American demand. The oilfield services sector bellwether said it expects a 7 to 8 percent increase in investments by oil producers in markets...

  • GENEVA, April 18- The United States won a World Trade Organization ruling on Thursday against China's use of tariff-rate quotas for imported rice, wheat and corn, which it successfully argued limited market access for U.S. grain exports. It came amid U.S.- China trade talks and on the heels of Washington clinching a WTO ruling on China's price support for grains...