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  • GENEVA, April 18- The United States won a World Trade Organization ruling on Thursday against China's use of tariff-rate quotas for rice, wheat and corn, which it successfully argued limited market access for U.S. grain exports. The case, lodged by the Obama administration in late 2016, marked the second U.S. victory in as many months. It came amid U.S.- China trade...

  • UNITED STATES WINS WORLD TRADE ORGANIZATION RULING ON CHINA GRAIN IMPORT QUOTAS- OFFICIAL.

  • April 18- Canada's main stock index edged higher on Thursday, supported by energy stocks, although global growth concerns and a drop in shares of Rogers Communications kept a lid on further gains. *At 9:33 a.m. ET, the Toronto Stock Exchange's S&P/TSX Composite index was up 21.67 points, or 0.13 percent, at 16,565.91. *Oil prices rose slightly on Thursday, boosted by...

  • April 18- India will likely surpass the United Kingdom to become the second-most targeted country for payment card fraud this year, a research firm said, highlighting inadequate defense against cyber crime at financial institutions in the country. In an attempt to make India a cashless economy, Prime Minister Narendra Modi has been promoting the use of...

  • KIEV, April 18- Ukraine risks default if the nationalisation of PrivatBank is overturned, President Petro Poroshenko said on Thursday, after a lower court ruled the 2016 nationalisation of the country's largest lender was illegal. Overturning the decision would threaten "a default and a new economic crisis," Poroshenko said in a televised address.

  • KIEV, April 18- Ukraine risks default if the nationalization of PrivatBank is overturned, President Petro Poroshenko said on Thursday, after a lower court ruled the 2016 nationalization of the country's largest lender was illegal. Overturning the decision would threaten "a default and a new economic crisis," Poroshenko said in a televised address.

  • April 18- Honeywell International Inc on Thursday said it expects the production rate and deliveries of Boeing Co's 737 MAX jets to resume in the second half of this year. The 737 MAX was grounded worldwide in March following two fatal crashes, forcing Boeing to freeze deliveries. The impact of the groundings and production rate cuts for the 737 MAX by Boeing is...

  • SANTIAGO, April 18- Chile's Cochilco state copper commission on Thursday held its estimate for the price of copper at $3.05 per pound, rising slightly to $3.08 for 2020 on improving prospects for growth in China. Cochilco said it saw production in Chile, the world`s top copper producer, at 5.96 million tonnes for 2019 and just above 6 million tonnes in 2020.

  • CAIRO, April 18- The head of Egypt's Banque du Caire said on Thursday the bank was aiming to raise $300- 400 million by selling a 20-30 percent stake by the end of 2019.. Chairman and Chief Executive Tarek Fayed told reporters that the timing of the initial public offering depended on market conditions. A deal to sell the state-owned bank was canceled in 2008, and a...

  • LONDON, April 18- Is the London Metal Exchange's physical storage function in danger of slipping into the shadows? London tin traders have learnt to navigate the contract's liquidity gaps in terms of physical settlement, although it's getting harder judging by this week's events. Global usage in 2017 was 362,500 tonnes, most of it going into semi-conductor...

  • April 18- U.S. stocks opened higher on Thursday, aided by upbeat results from industrial companies and a stronger-than-expected rise in March retail sales that pointed to a robust domestic economy. The Dow Jones Industrial Average rose 13.83 points, or 0.05%, at the open to 26,463.37. The S&P 500 opened higher by 4.36 points, or 0.15%, at 2,904.81.

  • LONDON, April 18- The weeks before Easter are usually some of the busiest of the year for bankers, lawyers and consultants in the City of London, as clients rush to get deals done before a run of public holidays. City workers had been hoping the torpor of the first quarter would be lifted if Britain left the European Union on March 29, or indeed, April 12.

  • *At 9:30 a.m. ET, the Toronto Stock Exchange's S&P/TSX Composite index was up 14.51 points, or 0.09 percent, at 16,558.75.

  • *Carrier was once India's largest private airline. MUMBAI/ NEW DELHI, April 18- Jet Airways Ltd shares plunged on Thursday, battered by fears about whether the grounded Indian airline would fly again, even as carriers like rival SpiceJet rushed in to plug a supply gap in the wake of their rival's demise. Once India's largest private airline, Jet halted all flight...

  • LONDON, April 18- Oil prices rose slightly on Thursday, boosted by a decline in U.S. inventories, ongoing supply cuts from OPEC and its allies, and U.S. sanctions on Venezuela and Iran. Brent crude futures were at $71.80 a barrel at 1313 GMT, up 18 cents from their last close and near Wednesday's five-month high of $72.27 a barrel. U.S. crude inventories fell by 1.4...

  • *Sterling finishes week with drop below $1.30. LONDON, April 18- Sterling fell on Thursday as the dollar's rally gathered momentum, with strong British retail sales data doing little to shake the currency out of a slumber following a six-month extension to Brexit. Wild swings in the pound subsided last week when European Union leaders granted Britain the Brexit...

  • LONDON, April 18- British bank Barclays and hedge fund Red Kite Group have settled a legal dispute in which the fund accused the bank of manipulating the copper market and causing it to lose money. "Legal proceedings between the Red Kite group as Claimants and Barclays Bank PLC as Defendant have been concluded on mutually acceptable terms," Barclays said in a...

  • April 18- Wall Street was set to open slightly higher on Thursday, ahead of a long Easter weekend, supported by robust retail sales data, with investors eying the release of a long-awaited Mueller report. It looks like the consumer made up for the government shutdown and there were good numbers in jobless claims, "said Peter Cardillo, chief market economist at...

  • The picture was less bullish in the Eurozone as data showed that activity in Germany's manufacturing sector shrank for a fourth straight month in April, while a similar survey from France also painted a bleak picture. In the space of several hours we got a timely reminder that the growth leadership is very decisively in favor of the U.S. dollar, said Richard...

  • TOULOUSE, France, April 18- The new sales chief at Europe's Airbus hinted at orders for an unannounced new version of its A321 jet, while softening market rhetoric and predicting rival Boeing will emerge quickly from a crisis over the grounded 737 MAX. Airbus is seeing more demand for longer-range versions of roughly 200- seat planes previously used for...