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  • *Samples seized from northern Indian plant on Tuesday- source. NEW DELHI, Dec 19- Drug inspectors have seized samples of Johnson& Johnson Baby Powder from a factory in northern India, an industry source said on Wednesday, following a Reuters report that the firm knew for decades that cancer-causing asbestos lurked in the product. The person, who was not authorised...

  • LONDON, Dec 19- GlaxoSmithKline plans to split into two businesses-- one for prescription drugs and vaccines, the other for over-the-counter products-- after forming a new joint venture with Pfizer's consumer health division. The revamp is the boldest move yet by Chief Executive Emma Walmsley, who took over last year. GSK said the deal laid the foundation for the...

  • BEIJING, Dec 19- Shanghai copper hit a three-month nadir and led most China base metals lower on Wednesday, as investors concerned about global economic growth waited to see whether the U.S. *SHFE COPPER: The most-traded February copper contract on the Shanghai Futures Exchange fell for a fifth straight session. It slid as much as 2 percent to 48,010 yuan a tonne,...

  • BERLIN, Dec 19- Germany's Office for Information Security has issued warnings to several German firms named by the United States as possible victims of hacking attacks, a newspaper reported, adding that Chinese activity against German firms had increased. The United States is embroiled in a trade conflict with China and a senior U.S. intelligence official...

  • BEIJING/ SINGAPORE, Dec 19- Oil prices clawed back some ground on Wednesday as global equity markets showed signs of stabilizing, but crude was still under pressure from worries about oversupply and a slowing global economy that had driven sharp losses in the last three sessions. West Texas Intermediate futures had climbed 7 cents, or 0.15 percent, to $46.31 per...

  • *SoftBank Corp slides on debut after country's biggest IPO. TOKYO, Dec 19- Japan's Nikkei fell to a nine-month low on Wednesday amid caution ahead of the U.S. "The market is caught between two opposing forces due to varying expectations towards the FOMC meeting," said Yutaka Miura, a senior technical analyst with Mizuho Securities.

  • GSK said on Wednesday the deal laid the foundation for the creation of two new UK- based global companies focused on Pharmaceuticals/Vaccines and Consumer Healthcare.

  • Dec 19- Hackers accessed the European Union's diplomatic communications network for years, downloading cables that reveal concerns about the Trump administration, struggles to deal with Russia and China and the risk of Iran reviving its nuclear program, the New York Times reported late on Tuesday. The cables include memorandums of conversations with...

  • NEW DELHI, Dec 19- Indian drug inspectors have seized samples of Johnson& Johnson's baby powder from a plant in a northern state, an industry source said on Wednesday, following a Reuters report the company knew for decades that cancer-causing asbestos lurked in the product. The source, who declined to be named, said the samples were taken from the Baddi plant in...

  • By Sonya Dowsett and James Davey. MADRID/ LONDON, Dec 18- Clothing retailers have felt a pre-Christmas chill slicing through their margins as they try to lure shoppers to spend rather than hold off in anticipation of ever-bigger price cuts. "We have seen in fashion an unprecedented amount of discounting, certainly not something I've seen before, and that's been...

  • NEW DELHI, Dec 19- India's federal drug regulator will on Wednesday seize samples of Johnson& Johnson's baby powder for testing, local media said, following a Reuters report that the company knew for decades that cancer-causing asbestos lurked in the product. The Times of India quoted an official source as saying that a team of 100 drug inspectors had been...

  • MEXICO CITY, Dec 18- Mexico's lower house of Congress on Tuesday pushed back a vote on the revenue section of President Andres Manuel Lopez Obrador's 2019 draft budget after it was quickly approved by the finance committee. The president's National Regeneration Movement and its allies dominate Congress, having won the first outright majority in more than two...

  • SHANGHAI, Dec 19- China's yuan on Wednesday again edged up against the U.S. dollar, which languished near one-week lows in global markets, as investors anxiously waited for the outcome of this year's last Federal Reserve policy meeting. Prior to market opening on Wednesday, the People's Bank of China set the midpoint rate at 6.8869 per dollar, 15 pips weaker than...

  • *Traders expect China to purchase U.S. beans. The most active soybean futures on the Chicago Board Of Trade were unchanged at $9.07-3/ 4 a bushel by 0426 GMT, after rising 0.3 percent on Tuesday. "China will have to buy U.S. beans, and they might as well do it now when relations are better than they have been for a while," said Phin Ziebell, agri-business analyst, National...

  • Dec 18- A number of advertisers have dropped Tucker Carlson's show on Fox News, the network said on Tuesday, after the host said last week that immigration makes the United States "poorer and dirtier and more divided." Fox News said in a statement that the conservative commentator has been the target of far-left activist organizations since he made the remarks on...

  • BEIJING/ SINGAPORE, Dec 19- Oil prices rebounded on Wednesday after falling for the past three sesssions with worries about oversupply and a slowing global economy keeping markets under pressure though sentiment may be shifting as falling equity markets seemed to stabilize. West Texas Intermediate futures climbed 4 cents cents, or 0.09 percent, to $46.28 per...

  • *HK-> Shanghai Connect daily quota used -0.5 pct, Shanghai-> HK daily quota used 0.1 pct. **Energy firms retreated both on the mainland and Hong Kong, tracking weakness in oil prices on economic slowdown fears and a supply glut. **Property shares climbed, with the CSI300 real estate index up 0.8 percent and its peer in Hong Kong up 0.5 percent after a Chinese city removed...

  • BEIJING, Dec 19- Shanghai copper hit a three-month nadir and led base metals sharply lower on Wednesday, as investors concerned about global economic growth waited to see whether the U.S. *SHFE COPPER: The most-traded February copper contract on the Shanghai Futures Exchange was down for a fifth straight session. It slid as much as 2 percent to 48,010 yuan a tonne,...

  • TOKYO, Dec 19- Japan's popular perception of the country's ties with the United States worsened significantly this year, an opinion poll showed on Wednesday, battered by U.S. The poll, which was taken between Nov. 26 and Dec. 3, showed 39 percent of Japanese respondents think the relationship between Japan and the United States is "good," down from 56 percent in last...

  • *Export growth to United States, China slow sharply. TOKYO, Dec 19- Japan's export growth slowed to a crawl in November as shipments to the United States and China weakened sharply, in a sign slowing external demand and a Sino-U.S. trade dispute may leave the world's third-largest economy underpowered over the next year. The trade data highlights rising external...