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  • LONDON, Aug 16- Gold prices bounced from 19- month lows on Thursday as the dollar slipped on news that China and the United States will hold trade talks this month, although sentiment remained negative. Spot gold was up 0.5 percent at $1,179.56 an ounce at 1021 GMT from an earlier $1,159.96, the lowest since January last year. U.S. gold futures gained 0.2 percent to...

  • TOKYO, Aug 16- Japan's export growth slowed in July, with shipments of cars to the United States sinking and as global trade disputes cast doubt over demand for products from the world's third-biggest economy. Japan's exports to the United States fell 5.2 percent, a second straight decline, paced by a 12.1 percent fall in car shipments. "While caution is...

  • ROME, Aug 16- Italy is weighing three options that range from stripping Autostrade per l'Italia of its entire motorway concession to fining the toll road operator in charge of a collapsed bridge, a junior minister said. "The options we're looking at are the full revocation, the revocation of just the A10 section or a penalty, but a 150 million euro penalty is too low,"...

  • *Euro rises from June 2017 lows, dollar slips. LONDON, Aug 16- The euro recovered on Thursday from its weakest since late June 2017 and the dollar fell after news that a Chinese delegation will travel to the United States for trade talks, with investors buying back into currencies hit hard in the recent sell-off. "That China and the U.S. are beginning to talk again is...

  • MOSCOW, Aug 16- Russian oil producer Gazprom Neft said on Thursday it had almost doubled year-on-year net profit in the second quarter to 96.8 billion roubles on higher oil prices and rising production from new projects. Gazprom Neft's first half crude oil output declined 0.6 percent year-on-year because of a global oil deal between OPEC and other oil...

  • NEW DELHI/ MUMBAI, Aug 16- The rupee's plunge to a record low has worried a wide cross-section of India's society: companies, importers, those going on vacation and students planning to study overseas. India is a big buyer of everything from crude oil and electronics to gold and edible oil, and its import bill was expected to cross $600 billion in the fiscal year...

  • *Shares extend losses amid uncertain regulatory outlook in China. *China regulators restructuring, new approvals frozen since March. The disappointing earnings results have highlighted the impact of a freeze on new China approvals for the gaming industry since March due to the restructuring of related regulatory agencies in the world's biggest gaming...

  • *China pumps blns of yuan to boost subsidies to shack dwellers. BEIJING, Aug 16- China has invested 990 billion yuan for a massive urban redevelopment project in the first seven months of 2018, the housing ministry said on Thursday. China's central bank has injected hundreds of billions of dollars into such shantytown redevelopment projects through the...

  • Aug 16- Starboard Value LP has taken a 5.8 percent stake in Symantec Corp and nominated five directors to the company's board, the hedge fund's filing showed on Thursday. Starboard said Symantec's shares "were undervalued and represented an attractive investment opportunity" and that it would engage in discussions to change the composition of the board.

  • *China pumps blns of yuan to boost subsidies to shack dwellers. BEIJING, Aug 16- China has invested 990 billion yuan for a massive urban redevelopment project in the first seven months of 2018, the housing ministry said on Thursday. China's central bank has injected hundreds of billions of dollars into such shantytown redevelopment projects through the...

  • SHANGHAI, Aug 16- China has banned banks in its ground-breaking free trade zones from certain lending activities to ease pressure on the yuan currency in offshore markets, two sources with direct knowledge of the matter said on Thursday. The move comes as nervous global financial markets wait to see how much further China will allow the yuan to fall, after it...

  • NEW DELHI/ MUMBAI, Aug 16- The rupee's plunge to a record low has worried a wide cross-section of India's society: companies, importers, those going on vacation and students planning to study overseas. India is a big buyer of everything from crude oil and electronics to gold and edible oil, and its import bill was expected to cross $600 billion in the fiscal year...

  • LONDON, Aug 16- Sterling languished near 14- month lows on Thursday, and strong British retail sales did little to support the currency hamstrung by fears about Britain leaving the European Union. A strong dollar and mounting fears that Britain will fail to secure an agreement before it leaves the EU in March have hurt the pound. Few saw a Bank of England interest...

  • PARIS, Aug 16- Shortly after launching a new project in Angola, French oil major Total said it was searching for more resources in Africa, including in Senegal and Mauritania. The company is historically strong in Africa and, buoyed by rising oil prices and improved terms for its multi-billion dollar Kaombo contract in Angola, it is doubling down.

  • Aug 16- JD.com Inc, China's second largest e-commerce firm, reported a 31.2 percent rise in second-quarter revenue on Thursday, falling short of analysts' estimates after a worse-than-expected sale season. The firm posted revenue of 122.3 billion yuan for the quarter ended June 30, compared with analysts' estimate of 122.7 billion yuan according to Thomson...

  • *Angola oil output in decline. LUANDA, Aug 16- Angola will launch next year a new agency to handle oil concessions, the government said on Thursday, as President João Lourenço pushes ahead with reforms aimed at boosting production in Africa's second biggest oil industry. Angola hopes the shift will help reverse a decline in oil output in the OPEC member by...

  • China and the United States have implemented several rounds of tit-for-tat trade tariffs and threatened further duties on exports worth hundreds of billions of dollars, which could knock global economic growth. Brent crude oil futures were at $70.89 a barrel at 0933 GMT, up 13 cents, while U.S. crude futures rose 8 cents to $65.09. The rest of the world isn't...

  • *EBITDA guidance raised to 530- 560 mln euros. FRANKFURT, Aug 16- Wirecard raised its guidance for 2018 profits on Thursday, sending its shares to a record high and underscoring the payments company's rise at the expense of Germany's struggling banks. The company, which is poised to oust Germany's No.2 bank, Commerzbank from the blue chip DAX index in a reshuffle...

  • CHICAGO, Aug 16- Steve Vernon is an expert on numbers- but please do not ask him for your number- that is, the amount you need to save to insure a successful retirement. Vernon worked for years as a consultant to large corporate retirement plans before starting his own California- based firm that provides consumer retirement education. In "Retirement Game-Changers:...

  • GENOA, Italy, Aug 16- Italy's biggest toll-road operator came under heavy stock-market attack on Thursday after Rome criticised it for a deadly bridge collapse this week, moving to revoke its concession and accusing it of failing to ensure the viaduct's safety. An 80- metre-long section of the bridge, part of a motorway linking the port city of Genoa with...