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  • DUBAI, April 22- Iran's central bank has banned the country's banks from dealing in cryptocurrencies, including Bitcoin, over money-laundering concerns, the state news agency IRNA reported on Sunday as the country tries to halt a currency crisis. "Banks and credit institutions and currency exchanges should avoid any sale or purchase of these currencies or...

  • DUBAI, April 22- Iran's central bank has banned the country's banks from dealing in cryptocurrencies, including Bitcoin, over money-laundering concerns, the state news agency IRNA reported on Sunday as the country tries to halt a currency crisis. "Banks and credit institutions and currency exchanges should avoid any sale or purchase of these currencies or...

  • HANOVER, Germany, April 22- German Chancellor Angela Merkel on Sunday stressed the importance of free trade and welcomed an agreement between the European Union and Mexico on a new trade pact just days before she heads to Washington for talks with President Donald Trump. Speaking at the opening of the Hanover trade fair in Germany, Merkel and visiting Mexican...

  • *Amazon eyes next hundred million customers in India. BENGALURU, April 23- Amazon.com Inc expects groceries and household products to account for over half of its business in India in the next five years, as it moves to broaden offerings in the segment and foray into areas such as fresh produce. Amit Agarwal, the India head of Amazon, said in an interview on Friday...

  • TORONTO, April 22- Foreign ministers from the Group of Seven leading industrialized nations on Sunday discussed ways to pressure Russia on conflicts in Syria and Ukraine, which have badly tarnished Moscow's ties with the West. It is the first high-level meeting of the allies since the United States, France and Britain launched 105 missiles targeting chemical...

  • President Enrique Pena Nieto and German Chancellor Angela Merkel on Sunday opened the annual Hannover Messe fair, where Mexico is this year's guest country. Both welcomed a preliminary agreement reached Saturday between the European Union and Mexico to update their nearly 20- year-old trade deal. Mexico faces a challenge with the United States and Canada...

  • HANOVER, Germany, April 22- German Chancellor Angela Merkel on Sunday welcomed an agreement reached between the European Union and Mexico on Saturday on a new free trade deal, saying it would benefit Mexico, Europe and Germany.

  • LOS ANGELES, April 22,- "A Quiet Place" had another noisy weekend at the domestic box office, reclaiming the No. 1 slot in its third frame. John Krasinski's thriller co-starring Emily Blunt continued on its stellar run, earning $22 million from 3,808 locations. That was enough to top Dwayne Johnson's "Rampage" and Amy Schumer's "I Feel Pretty."

  • WASHINGTON, April 22- Congress needs to consider rolling back the spending deal that U.S. White House legislative director Marc Short said the spending bill, which ran to more than 2,000 pages, was rushed into place to avoid a government shutdown. "Nobody saw the text of the bill within 24 hours, because the process in Congress is broken," Short told NBC's "Meet the...

  • CAMARILLO, Calif.— The average U.S. price of regular-grade gasoline spiked 9 cents a gallon over the past two weeks to $2.83. The highest average price in the contiguous 48 states was $3.68 in the San Francisco Bay area. The lowest was $2.45 in Baton Rouge, Louisiana.

  • NEW YORK, April 20- One of the year's most popular events for fund managers, the Sohn Investment Conference, will be held in New York on Monday, but if history is any guide, some of the industry's lower-profile managers will probably provide the most profitable ideas. The best ideas of some press-shy hedge fund managers who spoke at the 2017 New York Sohn Investment...

  • NEW YORK, April 20- The potential for an intensifying trade dispute to undercut the U.S. stock market could become clearer next week when a host of multinational companies reports quarterly results that may provide a glimpse into the impact of those global tensions. China has responded with tariffs of its own, leading to fears about a full-blown trade war and...

  • LOS ANGELES, April 22,- "A Quiet Place" had another noisy weekend at the domestic box office, reclaiming the No. 1 slot in its third frame. John Krasinski's thriller co-starring Emily Blunt continued on its stellar run, earning $21.8 million from 3,808 locations. That was enough to top Dwayne Johnson's "Rampage" and Amy Schumer's "I Feel Pretty."

  • April 22- Bank of Canada Governor Stephen Poloz said he expects the inflation rate to be above 2 percent in 2018, but he is comfortable with that as long as the long-term trend is steady, according to media reports published on Sunday. "That's actually a positive thing," the Canadian Press quoted Poloz as saying. If inflation is going to be 2.3 or something like that,...

  • *Modi to meet Xi on Friday, Saturday in China's Wuhan. BEIJING, April 22- Indian Prime Minister Narendra Modi will visit China this week for an informal meeting with President Xi Jinping, as efforts at rapprochement gather pace following a testing year in ties between the two giant neighbors. "We will make sure that the informal summit will be a complete success and a...

  • LOS ANGELES— It's another weekend of buzz versus pure star power at the box office as the word of mouth sensation "A Quiet Place" finds itself neck-and-neck again with Dwayne Johnson's "Rampage." Studio estimates on Sunday have placed "A Quiet Place," with $22 million, in first, and "Rampage" in second with $21 million, but it's possible those numbers may shift when final...

  • LONDON, April 22- Britain's opposition Labour Party would likely broaden the Bank of England's mandate to include factors such as employment but would not seek to remove the central bank's independence, Labour's finance policy chief John McDonnell said on Sunday. "I'm quite attracted by the wider mandate that there is in America but we would retain Bank of...

  • WASHINGTON— The tax overhaul that took effect Jan. 1 provides generous breaks for corporations and wealthy Americans and more modest relief for middle- and low-income households. In addition, the tax cuts for corporations are permanent; those for individuals and families are only temporary. Richard Phillips is a senior policy analyst at the nonpartisan,...

  • JERUSALEM, April 22- Israel's banking regulator plans to relax rules for credit card companies as part of a broader reform aimed at boosting competition in the banking sector and lowering the cost of credit. In a draft of amendments to its directives, the Bank of Israel said on Sunday new credit card companies will be allowed a lower liquidity requirement-- a Tier I...

  • NEW DELHI, April 22- India's economy could grow at 7.4 percent in the fiscal year to March 2019 after a "resilient performance" in the second half of the previous year, central bank Governor Urjit Patel said. India's economy likely grew at 6.6 percent in the 2017/ 18 fiscal year against 7.1 percent a year earlier, but higher investments led to a significant pick in the...