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Wires

  • LONDON, Nov 22- Britain will reprivatise bailed-out lender Royal Bank of Scotland by selling 15 billion pounds of shares, according to budget documents released on Wednesday, in a boost to finance minister Philip Hammond's coffers. At the current share price of 270 pence, little more than half the 502 pence the government paid for them, the Treasury stands to lose...

  • *Germany 30- year Bund yields hit lowest since September. *Germany sells 30- year debt. LONDON, Nov 22- The yield curve in Germany, the euro zone's benchmark government bond issuer, flattened to its lowest level in more than two months on Wednesday, catching up with the pronounced flattening of the U.S.

  • DUBAI/ LONDON, Nov 22- SAP is investigating sales practices in its Gulf region after executives in charge of its dealings in the region resigned or been put on administrative leave, the German business software giant said on Wednesday. A source familiar with the matter said the departures in the Gulf region were connected to dealings in Iran but provided no...

  • Nov 22- Procter& Gamble Co is still reviewing a tally of shareholder votes cast at its annual meeting more than a month ago, after a fierce proxy contest narrowly handed activist investor Nelson Peltz a board seat. The consumer products company said on Wednesday it has not yet decided to launch a formal challenge to the results, which are still preliminary, but is...

  • DUBAI/ LONDON, Nov 22- SAP is investigating sales practices in its Gulf States region after executives in charge of its dealings in the region resigned or been put on administrative leave, the German business software giant said on Wednesday. A source familiar with the matter said the departures in the Gulf region were connected to dealings in Iran but provided...

  • Asia again led global markets higher as Hong Kong's main Hang Seng index closed above 30,000 points for the first time in a decade. Shares in Europe were mixed, with Britain's main index rising as Germany's DAX index and other indices fell. Wall Street traded flat to slightly lower.

  • BANGKOK— A United Nations report says the world's least developed countries need access to electricity if they are to break out of poverty. The report by the U.N. Conference on Trade and Development released Wednesday urges wealthy nations to do more to honor their aid commitments to help bridge the energy gap. The countries covered in the report include 33 in...

  • Representative Frank Pallone called on Wednesday for a hearing into Uber Technologies Inc's handling of a breach that exposed data about drivers and riders. "The Federal Trade Commission must immediately begin an investigation into both the breach itself and the companys outrageous delay in disclosing the breach," added Pallone. "Congress can and should...

  • Nov 22- Shares of Hewlett Packard Enterprise Co fell 6 percent on Wednesday after Chief Executive Officer Meg Whitman's decision to step down from the role took Wall Street by surprise. Whitman, one the most high-profile executives in the United States, said on Tuesday she would quit as CEO in February and hand over the reins to company veteran Antonio Neri.

  • *STOXX down 0.3 pct, FTSE up 0.1 pct. The UK budget, which had been a key focus of the day, failed to impress and had a limited impact on the broader market, though remarks from finance minister Philip Hammond highlighting Britain's economic weakness briefly weighed on the pound, supporting the export-oriented FTSE index. The FTSE added 0.1 percent, helped by gains...

  • Whitman, one the most high-profile executives in the United States, said on Tuesday she would quit as CEO in February and hand over the reins to company veteran Antonio Neri. "We are surprised by the timing of the CEO transition given commentary at the recent analyst day that seemed to imply a CEO transition was not in the offing," BMO Capital Markets analyst Tim Long...

  • Nov 22- U.S. companies are reeling from several high-profile data breaches that have exposed millions of consumers' sensitive personal information, leading to regulatory probes and prompting the companies to invest heavily to secure their networks. These include a massive data breach at credit reporting firm Equifax Inc announced in September and Yahoo in...

  • *FTSE 100 up 0.1 pct at close. *Growth forecast cut weighs on sterling, boosts FTSE. The FTSE 100 ended the session just 0.1 percent higher at 7,419.02 points as sterling recovered and headed higher, though the blue chip index still outperformed a negative European market.

  • REPRESENTATIVE FRANK PALLONE, TOP DEMOCRAT ON ENERGY AND COMMERCE PANEL, CALLS FOR HEARING INTO UBER HANDLING OF HACK, URGES FTC TO PROBE "OUTRAGEOUS DELAY" IN DISCLOSURE.

  • Foreign investment in Canadian securities rose to C $52 billion in the third quarter from the second quarter on the back of two interest rate increases by the Bank of Canada that boosted the appeal of Canada's triple A-rated government bonds and its corporate debt. Net inflows easily exceed the amount needed to cover Canada's annual current account deficit...

  • Del Pino was speaking in Santa Cruz, Bolivia, at the Gas Exporting Countries Forum.

  • MASHPEE, Mass.— The Massachusetts tribe that broke bread with the Pilgrims is calling on President Donald Trump to honor his commitment to Native Americans. Mashpee Wampanoag Tribe Chairman Cedric Cromwell said Wednesday the Republican administration needs to "do right" by his tribe and grant it the sovereign territory it has long sought for a resort casino.

  • LONDON, Nov 22- Britain's aviation industry on Wednesday criticised changes to a tax on air passengers which will freeze the duty for a majority of customers, saying they did not go far enough to keep Britain competitive as Brexit approaches. The Democratic Unionist Party made the tax a key issue in talks to prop up Prime Minister Theresa May's government...

  • *Fed minutes from Oct meeting expected at 2:00 pm ET. Nov 22- Wall Street indexes treaded water, staying near record levels, in late morning trading on Wednesday as technology and energy stocks battled for influence and investors awaited the minutes of the Federal Reserve's latest policy meeting. The S&P technology index fell 0.26 percent, after two days of...

  • SAO PAULO, Nov 22- Argentina's peso currency and Merval stock index registered solid gains on Wednesday after the nation's central bank held its benchmark interest rate and crude prices buoyed the nation's commodities-heavy equities market. On Tuesday evening, Argentina's central bank held its benchmark rate at 28.75 percent in order to fend of inflation...