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  • LONDON, Aug 17- Britain's pound held its ground on Thursday ahead of a third day of monthly data on the economy that comes amid growing noise around the conduct of Brexit negotiations with Europe. "The monthly data have been so volatile recently that it is hard to see the underlying trend, but like most other domestic activity indicators, the pace of growth appears...

  • LONDON, Aug 17- Britain's pound held its ground on Thursday ahead of a third day of monthly data on the economy that comes amid growing noise around the conduct of Brexit negotiations with Europe. "The monthly data have been so volatile recently that it is hard to see the underlying trend, but like most other domestic activity indicators, the pace of growth appears...

  • COPENHAGEN, Aug 17- Nets A/S, Scandinavia's largest payments processor, is seeing "considerable interest" from potential buyers amid a wave of M&A activity, the company's chief executive said on Thursday. U.S. payment giants Visa and Mastercard are both seen as suitors for Nets, which has a current market capitalisation of 29.16 billion Danish crowns according...

  • The Jordan- based firm, which makes and markets branded and non-branded generic and injectable drugs, said it now expected 2017 revenue to be about $2 billion, at the lower end of its previous forecast of $2 billion- $2.1 billion. The firm's London- listed shares hit a more than three-year low with an 8.5 percent drop by 0754 GMT, the biggest percentage loser on...

  • ZURICH, Aug 17- Sonova on Thursday launched a new hearing aid microchip capable of streaming audio directly from wireless mobile devices as the Swiss company aims to close the gap to Danish competitors that pioneered similar technology years ago. "We needed a solution that works for everybody," Sonova Chief Executive Lukas Braunschweiler told Reuters in an...

  • LONDON, Aug 17- European shares edged lower in early deals on Thursday, set to break their three-day winning streak as banks fell following a set of cautious minutes from the U.S. Britain's FTSE 100 fell 0.2 percent, while Germany's DAX was 0.1 percent weaker. So far 85 percent of MSCI Europe firms have given second-quarter updates, of which 60 percent have either...

  • LONDON, Aug 17- The euro on Thursday rose towards 2 1/ 2- year highs against the dollar seen earlier this month on bets that euro zone officials will embark on a gradual unwinding of their massive policy stimulus while U.S. policymakers looked increasingly wary. Even though the euro stumbled on Wednesday after sources signalled European Central Bank chief Mario...

  • WASHINGTON— President Donald Trump has abruptly dismantled two of his White House business councils_an apparent attempt to manage his increasing isolation and the continued fallout from his combative comments on racially charged violence in Charlottesville, Virginia. The decision came as the White House tried to cope with the repercussions from...

  • LONDON, Aug 17- Efforts by the United States government to loosen regulations on banks are "dangerous and extremely short-sighted", one of the U.S. central bank's top policymakers said in an interview with the Financial Times published late on Wednesday. Republicans in the U.S. House of Representatives voted in June to replace the 2010 Dodd-Frank Wall Street...

  • *Shares in HK and Shanghai units to remain suspended. China Unicom's Hong Kong shares were suspended on Wednesday, while trading in its Shanghai- listed shares has been halted since early April. And, adding to market confusion, the deal announcement was taken down from the Shanghai bourse website although it remained on the Hong Kong bourse's website as well as...

  • *Some Fed members call for halt in rate hikes. LONDON, Aug 17- Most euro zone government bond yields fell on Thursday, tracking an earlier move in U.S. "Fed communications are cementing expectations of a very gradual approach to monetary tightening," Mizuho's head of euro rates strategy Peter Chatwell said.

  • The frustrated members of the White House policy forum— which included executives from General Electric, Wal-Mart, General Motors, Boeing, IBM and JPMorgan Chase— chose to dissolve their advisory panel. The White House was then phoned and Trump agreed that it was the right course of action, according to four people familiar with the talks who insisted on...

  • SHANGHAI, Aug 17- Industrial and materials stocks lifted China stocks on Thursday, which some analysts said was aided by hopes there will be significant changes to open up the economy more widely to foreign investors. Late on Wednesday, China's cabinet said the country will become more open for global investors, citing sectors of new-energy vehicle...

  • *Some Fed members call for halt in rate hikes. LONDON, Aug 17- Most euro zone government bond yields fell on Thursday, tracking an earlier move in U.S. "Fed communications are cementing expectations of a very gradual approach to monetary tightening," Mizuho's head of euro rates strategy Peter Chatwell said.

  • All three are "reputable in terms of their finances, sufficiently large to offer Air Berlin a secure future and are interested in keeping Germany as a base of operations", he said, without naming any of the interested parties. Air Berlin, Germany's second-largest airline, filed for bankruptcy protection on Tuesday after key shareholder Etihad Airways withdrew...

  • *China's gasoline demand to slow sharply- BMI. SINGAPORE, Aug 17- Oil prices edged up on Thursday, but the market continued to be weighed down by high production, especially in the United States. "If inventory declines continue at this pace, stocks will fall back below the five-year average in around two months," said William O'Loughlin, analyst at Australia's Rivkin...

  • SEOUL, South Korea— Hyundai Motor said Thursday it plans to launch early next year a second-generation hydrogen fuel cell vehicle that will travel more than 580 kilometers between fill-ups. Toyota, Honda and General Motors also are investing heavily in fuel cell technology but fuel cell cars are gaining less traction than electric vehicles, which can find...

  • WASHINGTON/ NEW YORK, Aug 16- President Donald Trump disbanded two high-profile business advisory councils on Wednesday after several chief executives quit in protest over his remarks blaming weekend violence in Virginia on anti-racism activists as well as white nationalists. A parade of prominent Republicans also rebuked Trump, as well as U.S. ally...

  • TOKYO, Aug 17- Benchmark Japanese government bonds edged down on Thursday, supported by decent demand at a five-year JGB sale though cautious ahead of Friday's buying operations by the Bank of Japan. On Friday, the BOJ will purchase 200 billion yen to 300 billion yen of 1-3 year JGBs, 250 billion yen to 350 billion yen of 3-5 year JGBs and 350 billion yen to 550 billion...

  • TOKYO, Aug 17- Benchmark Japanese government bonds edged down on Thursday, supported by decent demand at a five-year JGB sale though cautious ahead of Friday's buying operations by the Bank of Japan. On Friday, the BOJ will purchase 200 billion yen to 300 billion yen of 1-3 year JGBs, 250 billion yen to 350 billion yen of 3-5 year JGBs and 350 billion yen to 550 billion...