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  • PARIS, April 26- Sanofi upheld a long-awaited return to growth on Friday with higher profits and revenues for the first quarter, once again led by a stellar 31 percent sales increase at its rare diseases Genzyme unit. Net income rose 9 percent to 1.77 billion euros at constant exchange rates in the first quarter on sales of 8.4 billion. Analysts polled by Reuters...

  • PARIS, April 26- French waste and water group Suez said it had enjoyed a strong start to the year and had experienced robust sales momentum across all divisions. First-quarter revenues rose 3.8 percent to 4.2 billion euros. Its core earnings before interest, tax, depreciation and amortization rose 12.1 percent to 709 million euros and EBIT advanced 5.3 percent...

  • PARIS, April 26- Renault said first-quarter revenue fell 4.8 percent, weighed down by currency setbacks and the French carmaker's withdrawal from Iran last year. Revenue fell to 12.527 billion euros for January-March from 13.155 billion a year earlier, the company said on Friday. The company's Iran pullout resulted in a 31 percent decline for its Africa, Middle...

  • FRANKFURT, April 26- Deutsche Bank on Friday posted a net profit of 201 million euros in the first quarter, up 68 percent from a year ago.

  • PARIS, April 26- France's Safran said underlying revenues grew 12.6 percent in the first quarter as demand for civil aircraft engines, nacelles and military optronics pushed it ahead of the growth needed to meet a steady annual target of 5 percent. Total first-quarter revenues rose to 5.781 billion euros due in part to the acquisitions of Zodiac Aerospace and...

  • *HK-> Shanghai Connect daily quota used -0.1 pct, Shanghai-> HK daily quota used 0.5 pct. SHANGHAI, April 26- China stocks on Friday were on track to post their steepest weekly decline since October 2018, as investors feared the pace of Beijing's supportive measures would drop amid signs of economic stabilization, and over Sino-U.S. trade concerns.

  • OSLO/ COPENHAGEN, April 26- SAS pilots in Norway, Sweden and Denmark went on strike on Friday as wage talks broke down, leading the carrier to cancel hundreds of flights, the company and mediators said. Labour unions had earlier this month called for 1,500 SAS pilots to go on strike on April 26 if no agreement was reached on wages and other issues after an earlier round...

  • *Prices up about 40 pct in 2019 on OPEC cuts, U.S. sanctions. SINGAPORE, April 26- Oil prices dipped on Friday on hopes that producer club OPEC will soon raise output to make up for a decline in exports from Iran following a tightening of sanctions on Tehran by the United States. Despite this, oil markets remain tight amid supply disruptions and rising geopolitical...

  • April 25- Ride-hailing company Uber Technologies Inc will unveil terms for its initial public offering on Friday, telling investors it will seek to be valued at between $80 billion and $90 billion, according to people familiar with the matter. The valuation sought is less than the $120 billion valuation that investment bankers told Uber last year it could...

  • SHANGHAI, April 26- China's yuan strengthened against the dollar on Friday, recovering from a two-month low hit in the previous session, after President Xi Jinping pledged to keep the currency stable. But more importantly, a stable RMB is helpful in sustaining capital inflows which is much needed as China's current account surplus is narrowing, "said Frances...

  • *Prices up about 40 pct in 2019 on OPEC cuts, U.S. sanctions. SINGAPORE, April 26- Oil prices dipped on Friday on hopes that producer club OPEC will soon raise output to make up for a decline in exports from Iran following a tightening of sanctions on Tehran by the United States. Despite this, oil markets remain tight amid supply disruptions and rising geopolitical...

  • *Four Aframaxes head to Asia in two months. SINGAPORE/ NEW YORK, April 26- Two cargoes of U.S. crude oil have been booked to sail to Australia, trade sources and data companies said, highlighting the increasing global reach of exports from the United States. Aframax tanker Esther Spirit loaded U.S. oil in early April at Enterprise Houston Terminal and is scheduled to...

  • SINGAPORE, April 26- London copper prices on Friday rose from a one-month low touched in the previous session, buoyed as the U.S. dollar eased from a two-year high and supported by hopes of a U.S.- China trade deal. "We believe prices will witness limited upside in the coming weeks, unless a U.S.- China trade deal is finally struck, as concerns over global growth...

  • Spot gold was up 0.1 percent at $1,278.62 per ounce, as of 0334 GMT. Asian shares started timidly after world stocks were weighed down by data from Germany and Asia suggesting that global economy was still under slowdown constraints. "Weak data indicates that the countries may have to undertake monetary easing measures, so that is a boost to gold prices," said Helen...

  • SYDNEY, April 26- Asian shares drifted off in sleepy trade on Friday, while the dollar held around two-year highs on speculation that figures later in the day will show the U.S. economy outperforming the rest of the developed world. The euro was off 1 percent for the week at $1.1133 as euro zone economic figures continued to disappoint. "The dollar will remain bid in...

  • *Indonesia, Australia, U.S. and Trinidad offer cargoes. *Japan, Mexico, Argentina seek cargoes. SINGAPORE, April 26- Asian spot prices for liquefied natural gas snapped three straight weeks of gains this week as more spot cargoes filled the market while levels in storage tanks in the main demand region of North Asia remained relatively high.

  • *Dollar index hits highest since May 2017. TOKYO, April 26- The dollar held steady close to a two-year high against its peers on Friday, supported by data showing strong U.S. capital goods orders, while a first-quarter GDP report to be released later in the global day could further reinforce bullishness. "We expect the GDP data to underline steady economic recovery,"...

  • BEIJING, April 25- China's imports of soybeans from the United States, the second-largest supplier to the country in 2018, rose in March from the previous month as more cargoes booked during a truce in the trade dispute between the two countries arrived. China, the world's biggest soybean buyer, imported 1.51 million tonnes of soybeans from the United States in...

  • April 25- The United States on Thursday added China's third-largest e-commerce platform to its list of "notorious markets" for violations of intellectual property rights and kept China on its priority watch list for piracy and counterfeiting concerns. It also kept Alibaba Group's taobao.com, China's largest e-commerce platform, on the list.

  • STOCKHOLM/ COPENHAGEN/ OSLO, April 26- SAS said on Friday many of its domestic, European and long-haul flights have been cancelled as Swedish pilots at the airline went on a strike after rejecting mediators' bid, affecting thousands of travellers. Flights operated by SAS Ireland and airlines that are subcontractors of SAS will not be affected by the strike, SAS...