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  • Dec 17- U.S. stocks opened lower on Monday, as edgy investors waited for the Federal Reserve's monetary policy guidance and its implications of slowing global growth. The Dow Jones Industrial Average fell 113.68 points, or 0.47 percent, at the open to 23,986.83. The S&P 500 opened lower by 9.20 points, or 0.35 percent, at 2,590.75.

  • *Malaysia files charges against two former Goldman bankers. KUALA LUMPUR, Dec 17- Malaysia on Monday filed criminal charges against Goldman Sachs and two of the U.S. bank's former employees in connection with an investigation into suspected corruption and money laundering at state fund 1 MDB. Malaysia will seek jail terms as well as billions in fines from...

  • NEW DELHI, Dec 17- Dubai's DP World has approached an Indian court to quash an antitrust investigation recently ordered to probe its alleged anti-competitive behavior at the country's largest container port in Mumbai, a legal document reviewed by Reuters showed. The Competition Commission of India last month said it suspected alleged antitrust violations...

  • EXCLUSIVE-DP WORLD SEEKS TO QUASH INDIAN ANTITRUST PROBE THROUGH HIGH COURT FILING IN MUMBAI.

  • GENEVA, Dec 17- The United States came under fire from China and the European Union on Monday, accused by both major trading partners of taking protectionist measures and bringing the World Trade Organization to its knees. Japan, Switzerland and Canada also criticized Washington, but U.S. trade ambassador Dennis Shea charged that China's "unfair competitive...

  • *Goldman Sachs falls after Malaysia files criminal charges. President Donald Trump again criticized the Fed for its current series of rate increases, saying "It is incredible that with a very strong dollar and virtually no inflation, the outside world blowing up around us, Paris is burning and China way down, the Fed is even considering yet another interest rate...

  • WASHINGTON, Dec 17- President Donald Trump and Congress, embroiled in a feud over his proposed U.S.- Mexico border wall, have only five days to reach a deal before a partial government shutdown could leave about a quarter of the federal workforce without paychecks. The money Trump wants is only a small fraction of the roughly $450 billion Congress was poised to...

  • COPENHAGEN, Dec 17- Saxo Bank is to buy Dutch online bank BinckBank for around $480 million to expand in the online trading and investment business where competition is heating up. Saxo, which derives most of its income from its online trading platforms for private foreign exchange traders and others rather than traditional banking, is majority-owned by...

  • JOHANNESBURG, Dec 17- Naspers and Canada's state pension fund have invested $540 million in Indian educational technology startup Byju's, the South African internet giant said on Monday. Bengaluru-based Byju's launched a learning app in 2015 that offers tools for school students in India, a country with the world's largest number of children in primary...

  • OSLO, Dec 17- Norway's sovereign wealth fund has signed an agreement to buy a 100 percent interest in a retail and office property located on 79 avenue des Champs-Elysées in Paris, it said on Monday.

  • LONDON, Dec 17- Portfolio flows into emerging-market assets ground to a halt in December after healthy inflows in November, Deutsche Bank found, as concern over taking on exposure to riskier assets returned towards the end of the year. Treasury yields, escalating Sino-U.S. trade tensions and a crisis in Turkey and Argentina battering developing-market assets...

  • ABIDJAN, Dec 17- Dry winds and below-average rainfall in most of Ivory Coast's cocoa growing regions last week could jeopardize the development of the last stage of the October-to-March main crop, farmers said on Monday. Ivory Coast, the worlds top cocoa producer, is in the dry season, which runs from November to late February. With a big rainfall, we would have less...

  • *GRAPHIC: World and China steel output, forecast: https://tmsnrt.rs/2OrIoPG. LAUNCESTON, Australia, Dec 17- China's steel and iron ore prices have started to climb in response to winter production curbs, but recent gains are far from suggestive of a rosy outlook for the sector. Benchmark steel rebar in Shanghai closed on Dec. 14 at 3,427 yuan a tonne, up 3.7 percent...

  • The 2019 budget blueprint presented on Saturday by officials of leftist President Andres Manuel Lopez Obrador calls for some $23 billion in discretionary spending for the company known as Pemex, up about 14 percent from this year. Pemex aims to increase production by almost 50 percent by the end of the six-year term of Lopez Obrador, who wants to reduce...

  • MEXICO CITY, Dec 16- The first budget presented by Mexico's new leftist government met with a positive initial response from financial markets on Sunday with banks describing the plans to keep a lid on spending as credible and helpful to investor sentiment. Mexico's peso rose against the dollar in Asian trading after Finance Minister Carlos Urzua unveiled...

  • SAO PAULO, Dec 17- Brazil's Embraer SA said on Monday it has finalized terms of a proposed deal to sell 80 percent of its commercial aviation business to Boeing Co, now valuing the division at $5.26 billion. The new valuation is 11 percent more than the $4.75 billion offered when the deal involving Embraer's commercial division was originally announced in July.

  • Dec 17- Alphabet Inc's Google is investing more than $1 billion on a new campus in New York, becoming the second major technology company after Amazon to pick America's financial capital to expand and create thousands of jobs. Last month, Amazon.com Inc said it would open offices in New York and the Washington, D.C. area, creating more than 25,000 jobs.

  • GENEVA, Dec 17- The European Union said on Monday the World Trade Organization was mired in a "deep crisis and the United States is at its epicenter," and it called on the Trump administration to put forward concrete reform proposals.

  • "Heading into the festive period, trading volumes are expected to be significantly lower which could make things a lot more interesting as it's unlikely to be the uneventful end to the year that we often see," said Craig Erlam, senior market analyst at Oanda in London. The trade truce between the United States and China and subsequent concessions by Beijing such as...

  • By Christoph Steitz, Noor Zainab Hussain and Susanna Twidale. FRANKFURT/ BENGALURU/ LONDON, Dec 17- SSE and Innogy scrapped plans to merge their British energy retail operations on Monday after the industry regulator proposed a cap on consumer bills, leaving SSE searching for new options for its struggling business. SSE and Innogy had warned last month the deal,...