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  • *U.S. sanctions against Iran threaten to reduce supply. SINGAPORE/ MOSCOW, Aug 20- Brent oil stabilized near $72 per barrel on Monday after several weeks of decline, weighed down by concerns over slowing global economic growth but supported by an expected fall in supply from Iran due to U.S. sanctions. China and the United States will hold trade talks this month in a...

  • *U.S. sanctions against Iran threaten to reduce supply. SINGAPORE/ MOSCOW, Aug 20- Brent oil stabilised near $72 per barrel on Monday after several weeks of decline, weighed down by concerns over slowing global economic growth but supported by an expected fall in supply from Iran due to U.S. sanctions. China and the United States will hold trade talks this month in a...

  • NEW YORK, Aug 20- The Canadian dollar edged lower against its U.S. counterpart on Monday, as lingering worries about an economic crisis in Turkey spreading to other emerging market countries provided support to the greenback. Higher-yielding currencies have taken a beating in recent days as investors reached for the relative safety of the U.S. currency amid...

  • *At 9:30 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was up 8.41 points, or 0.05 percent, at 16,332.12.

  • Aug 20- Anthem Inc said on Monday it has partnered with Walmart Inc to launch a program in January 2019 that will allow its Medicare Advantage plan customers to purchase over-the-counter medications from the retailer's stores and website. The Medicare Advantage plan, which competes with the traditional Medicare fee-for-service program, provides...

  • CARACAS, Venezuela— U.S. oil giant ConocoPhillips says it has reached an agreement with Venezuela* s state-owned oil company to recover nearly $2 billion it was awarded as part of a decade-old expropriation dispute. In exchange, Conoco will suspend legal actions to seize PDVSA's facilities in the Dutch Antilles that had threatened to disrupt Venezuela* s...

  • *U.S.- China trade talks reportedly set for Aug. 22-23. Aug 20- U.S. stock index futures pointed to a higher open on Monday as reports of planned trade talks between the United States and China raised hopes of a potential resolution to their trade row. "Low-level trade talks are coming across to the market as China expressing willingness to come to some type of terms...

  • NEW YORK, Aug 20- Why settle for nine-and-a-half years when you can do an even 10 or better? They tend to glow brightest just before they go out, "said Sam Stovall, chief investment strategist at research firm CFRA. As of Friday, the S&P 500 was 0.8 percent shy of its record high, set on Jan. 26.

  • NEW YORK, Aug 20- As Wall Street prepares on Wednesday to celebrate the current U.S. bull stock market becoming the longest in history, some investors are keeping corks in their champagne bottles. Bank of America Merrill Lynch, research firm CFRA and S&P Dow Jones Indices are among the Wall Street organizations that will recognize the current bull market...

  • BEIJING, Aug 20- Japan's Nissan Motor Co plans to invest about $900 million to boost vehicle-making capacity in China by 40 percent by 2021- part of a 60 billion yuan strategy to become a top three player in the worlds largest auto market. That would boost Nissan's vehicle production capacity in China to as many as 2.1 million vehicles a year. Nissan in February...

  • *Weak prices stimulating physical demand in Asia. LONDON, Aug 20- Gold prices crept higher on Monday after touching a 19- month low last week as a strengthening currency in China made the metal cheaper for buyers in the world's biggest gold consumer. That pressure eased after news of U.S.- China trade talks planned for this week helped lift the yuan from its...

  • Aug 20- U.S. oil producer ConocoPhillips said on Monday it has settled with Venezuela's state-run oil company, PDVSA, to recover about $2 billion for early dissolution of some joint ventures following the nationalization of the country's oil industry. The settlement follows a ruling by the International Chamber of Commerce in April that ordered PDVSA to pay...

  • Slashing its price target for Tesla Inc from $308 to $195, the brokerage said it did not believe Chief Executive Officer Elon Musk had the funding for a plan announced by tweet just under two weeks ago. Analysts from the U.S. bank had upped its forecast from $198 to $308 after a surge in Tesla stock following Musk's tweets on Aug. 7 but its analysts said they now...

  • *Greece emerges from biggest financial bailout in history. *Greece turning a corner, says spokesman. ATHENS, Aug 20- Greece emerged from the biggest bailout in economic history on Monday after nine years of creditor-mandated austerity, with European institutions hailing the exit a success but jaded Greeks finding little reason to celebrate.

  • BEIJING, Aug 20- Japans Nissan Motor Co plans to invest about $900 million to boost vehicle-making capacity in China by 40 percent by 2021 part of a 60- billion-yuan strategy to become a top three player in the worlds largest auto market. Nissan and its Chinese joint-venture partner Dongfeng Group plan to invest roughly $900 million for the envisioned...

  • Aug 20- Online fashion retailer Farfetch plans to float on the New York Stock Exchange, the London- based firm said on Monday, seeking to capitalize on rapid growth in luxury sales on the web. Competition to capture online shoppers has picked up among premium brands in recent years, pitting conglomerates like Louis Vuitton owner LVMH against independent...

  • Aug 20- U.S. oil producer ConocoPhillips said on Monday it has settled with Venezuela's state-run oil company, PDVSA, to recover about $2 billion in arbitration payment. The International Chamber of Commerce awarded ConocoPhillips that amount in April after PDVSA failed to uphold various contractual commitments. ConocoPhillips began seizing PDVSA's...

  • Aug 20- References in Reuters stories that the Wall Street Journal had reported U.S.- China trade talks will take place on Aug 21 and 22 are incorrect. The Wall Street Journal had reported that the talks will be on Aug 22 and 23.. Please note that the error occurred in the following Reuters reports on August 20:.

  • *Soy up 1 pct on hopes U.S.- China talks will revive trade. PARIS/ SINGAPORE, Aug 20- Chicago soybean futures rose 1 percent on Monday as investors pinned hopes on upcoming talks between Washington and Beijing to defuse trade tensions and help revive U.S. soy shipments to the world's biggest importer of the oilseed. China last year bought shipments from the United...

  • *U.S. sanctions against Iran threaten to reduce supply. SINGAPORE/ MOSCOW, Aug 20- Brent oil stabilised near $72 per barrel on Monday after several weeks of decline, weighed down by concerns over slowing global economic growth but supported by an expected fall in supply from Iran due to U.S. sanctions. China and the United States will hold trade talks this month, the...