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  • BEIJING— Two employees of Chinese SUV maker Great Wall Motors say it is considering making a bid for Fiat Chrysler's Jeep unit. The public relations director for Great Wall's Haval SUV brand, Zhao Lijia, said Monday the company "has this intention" when asked about a report by Automotive News that the Chinese automaker wants to buy Jeep. Fiat Chrysler CEO Sergio...

  • LONDON— British prosecutors have promised to vigorously prosecute hate crimes committed on social media. Alison Saunders, the director of public prosecutions, says hate crime "has a corrosive effect on our society and that is why it is a priority area." There was also a surge in reports following the European Union referendum in June 2016 in which Britons chose to...

  • BEIJING, Aug 21- China expressed "strong dissatisfaction" on Monday with the U.S. launch of an investigation into China's alleged theft of U.S. intellectual property, calling it "irresponsible". "The United States' disregard of World Trade Organization rules and use of domestic law to initiate a trade investigation against China is irresponsible, and its...

  • SHANGHAI, Aug 21- Hong Kong shares finished higher on Monday, supported by strong performance in energy and telecoms firms after China Unicom's ownership reform plan was given the green light by China's securities regulator. Trading in China Unicom's Hong Kong- listed shares was suspended last Wednesday as the company announced plans for a mixed-ownership...

  • SHANGHAI, Aug 21- China stocks rose on Monday, buoyed by strong gains in telecoms group China Unicom after the country's securities regulator granted special dispensation to its $11.7 billion ownership reform plan. China Unicom Network Communications Ltd, a Shanghai- listed unit of China Unicom, surged by the daily limit of 10 percent. The China Securities...

  • SINGAPORE/ DUBAI, Aug 21- Iraq has informed its customers that it plans to change its price benchmark for Basra crude in Asia to DME Oman futures from January, the country's latest move to reform its oil sales. The proposed change by state-oil marketer SOMO would mark a major shift by OPEC's second-largest producer away from fellow members Saudi Arabia, Kuwait and...

  • *Greece's 10- year bond yields drop 5 bps in early trade. *Portugal's spread to Germany narrows as South Europe outperforms. "Greece is still a credit that is risky and volatile, but at least it's now not one step away from default but two steps away," said DZ Bank strategist Daniel Lenz.

  • BEIJING, Aug 21- China on Monday expressed "strong dissatisfaction" with the U.S. launch of an investigation into China's alleged theft of U.S. intellectual property. China's Commerce Ministry said in a statement that it would take appropriate measures to defend the country's lawful interests, and that Washington should respect the facts and act prudently.

  • That's the advice of former U.S. health secretaries of both parties to President Donald Trump and the GOP-led Congress, now that "Obamacare" seems here for the foreseeable future. Stability should be the immediate goal, said former Health and Human Services secretaries Kathleen Sebelius, Mike Leavitt and Tommy Thompson. Beyond the urgent need to calm markets by...

  • LONDON, Aug 21- European stocks fell further in early deals on Monday as geopolitical jitters on the Korean peninsula trickled over from Asian trading, though shipping company Maersk and strong mining stocks helped limit losses. Strong metals prices helped cap benchmark losses, however, with mining stocks jumping 1 percent after London zinc rose to its...

  • LONDON, Aug 21- The euro slipped on Monday, extending its biggest weekly decline in more than two months as markets judged the single currency's double-digit gains this year may be too much for a central bank that is still wary of removing stimulus. "Absent some Mario Draghi fireworks this week, buying on dips for euro/dollar may be a better strategy rather than...

  • LONDON, Aug 21- Novartis is taking aim at drug-resistant malaria a growing global problem by launching clinical trials of the first new antimalarial medicine for many years in nine countries across Africa and Asia. Resistance to today's gold standard treatment artemisinin has been seen in Asia and there have also been sporadic cases of reduced drug...

  • MELBOURNE, Aug 21- London zinc rose to its highest price in a decade on Monday and nickel also rallied as investors ploughed into metals used by China's steel sector, seeing robust demand even as capacity is constrained by Beijing's drive for industry reform. The USD has been weaker and the Federal Reserve has turned a bit more dovish so that is supportive, "said...

  • SHANGHAI, Aug 21- China stocks rose on Monday, buoyed by strong gains in telecoms group China Unicom after the country's securities regulator granted special dispensation to its $11.7 billion ownership reform plan. China Unicom Network Communications Ltd, a Shanghai- listed unit of China Telecom, surged by the daily limit of 10 percent. The China Securities...

  • Aug 21- Sempra Energy said it will buy power transmission company Oncor, 80 percent owned by Energy Future Holdings Corp, for $9.45 billion in cash, resolving the Texas utility's long-standing bankruptcy case. Energy Future's board on Sunday favored Sempra's offer over Berkshire Hathaway $9 billion deal to buy Oncor, sources told Reuters, after Sempra also...

  • BENGALURU, Aug 21- Gold prices were little changed on Monday as investors sought further direction after a week of geopolitical uncertainty in the United States and Europe and ahead of a meeting of central bankers later this week. The metal surged to its highest since November on Friday when political and security concerns in the United States and Spain...

  • PARIS, Aug 21- French oil major Total said on Monday that its acquisition of Maersk Oil for $7.45 billion would boost its earnings and cash flow, and bolster its dividend prospects. "This transaction is immediately accretive to both cash flow and earnings per share and delivers further growth over coming years," said Total chief executive Patrick Pouyanne in a...

  • *Thailand's Q2 GDP caps strong quarter for Southeast Asia. BANGKOK, Aug 21- Thailand's economy capped a solid performance for Southeast Asia in the second quarter, growing at its fastest clip in over four years thanks to strong exports- a common denominator for many countries still struggling to boost private consumption despite ultra-low interest rates.

  • SINGAPORE, Aug 21- Oil dipped on Monday, weighed down by rising U.S. output although a 13 percent fall in U.S. crude inventories since March indicated a gradually tightening market. Brent crude futures, the international benchmark for oil prices, were at $52.64 per barrel at 0639 GMT, down 8 cents, or 0.2 percent, from their last close. West Texas Intermediate crude...

  • *U.S. political woes, U.S.- South Korea drills keep markets jittery. TOKYO, Aug 21- Japanese stocks fell to a fresh 3-1/ 2- month low on Monday as global investors remained cautious amid worries over whether the Trump administration will be able to implement growth boosting measures. In the latest shakeup, the White House said U.S.