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  • LONDON, May 22- Bank of England Governor Mark Carney and other top monetary policy officials from the central bank were speaking to the Treasury Committee in Britain's parliament on Tuesday. Below is a selection of their comments. That is slightly higher than the conditioning assumption for interest rates in the May 2018 Inflation Report.

  • BERLIN, May 22- Germany's government will help German firms with business in Iran where it can, but cannot entirely shield them from the U.S. decision to quit the Iran nuclear deal and reimpose sanctions against Tehran, the economy minister told a newspaper. European companies conducting business in Iran face U.S. sanctions after President Donald Trump...

  • BEIJING— China reduces auto import duties effective July 1 following pledges to buy more U.S. goods, ease controls on industry.

  • LONDON, May 22- Bank of England Governor Mark Carney and other top monetary policy officials from the central bank were speaking to the Treasury Committee in Britain's parliament on Tuesday. Below is a selection of their comments. BOE'S GERTJAN VLIEGHE ON DECISION MAKING.

  • BRUSSELS, May 22- European Union countries cleared the way on Tuesday for the bloc to begin free trade talks with Australia and New Zealand in a drive to forge new alliances as trade tensions with the United States increase. The bloc has struck trade accords struck with Japan, Mexico and Singapore and is in negotiations with the Mercosur bloc of Argentina, Brazil,...

  • LONDON, May 22- The dollar fell on Tuesday from a five-month high, losing momentum after a broad rally prompted by rising U.S. bond yields and relief at an easing in U.S.- China trade tensions. The prospect of a resolution to the U.S.- China trade tensions on Monday bolstered the dollar. But a pull-back in U.S. 10- year Treasury yields from seven-year highs set last...

  • LONDON, May 22- The dollar fell on Tuesday from a five-month high, losing momentum after a broad rally prompted by rising U.S. bond yields and relief at an easing in U.S.- China trade tensions. The prospect of a resolution to the U.S.- China trade tensions on Monday bolstered the dollar. But a pull-back in U.S. 10- year Treasury yields from seven-year highs set last...

  • BRUSSELS— European Union Trade Commissioner Cecilia Malmstrom says the EU still has no clear idea whether U.S. Secretary of Commerce Wilbur Ross speak several times a week. He has granted the EU a temporary exemption until June 1.

  • PARIS, May 22- Shares in France's telecoms stocks rose on Tuesday, which traders attributed to comments from the head of the country's telecoms regulator which re-ignited talk of possible mergers within the sector. Sebastien Soriano, head of France's Arcep telecoms regulator, told Le Monde newspaper in an interview published on Tuesday that Arcep could be...

  • LONDON, May 22- European shares touched their highest level since the start of February on Tuesday as autos and bank stocks climbed, and Italian shares recovered from Monday's dip on investors' worries over a new government's spending plans. Carmakers Volkswagen, BMW, Daimler were among the biggest boosts to the STOXX, up 1 to 1.6 percent, after a Bloomberg report...

  • PARIS— French public services workers have gone on strike as part of their protest a government plan to cut 120,000 jobs by 2022.. In a joint call, nine unions are also seeking higher wages and are denouncing the increasing use of short-term contracts in public services. Hundreds of flights to and from France have also been cancelled as French air traffic...

  • PARIS, May 22- Airbus plans to set out measures that will bring it into line with a World Trade Organization ruling on subsidies for its A350 and A380 jets, a senior lawyer said on Tuesday. The move comes after the United States won the right to seek sanctions against European Union goods following a partial victory in its 14- year legal battle against European...

  • *Gains in Shanghai stocks led by Suzhou Douson Drilling&Production Equipment Co Ltd and losses by Qian Jiang Water Resources Development Co Ltd. SHANGHAI, May 22- Shanghai stocks erased early losses to end flat on Tuesday, amid signs of easing trade tensions, after the United States and China are said to be nearing a deal to settle ZTE controversy.

  • PARIS, May 22- Airbus plans to set out measures that will bring it into line with a World Trade Organization ruling on subsidies for its A350 and A380 jets, a senior lawyer said on Tuesday. The move comes after the United States won the right to seek sanctions against European Union goods following a partial victory in its 14- year legal battle against European...

  • WASHINGTON— The United States has raised tariffs on steel from Vietnam that Washington says originated in China and evaded anti-dumping duties on Chinese steel. Importers of corrosion-resistant and cold-rolled flat steel from Vietnam will be required to post deposits to pay possible duties of 39 to 256 percent, the Commerce Department said Monday.

  • *Futures signal positive start for Europe, E-Minis flat. *Oil around 2014 highs after Venezuela's presidential elections. Europe was set for a muted start, with futures for London's FTSE index and the Eurostoxx 50 up 0.1 percent each but E-Minis for the S&P 500 were flat.

  • *Deal likely involves China buying more U.S. farm goods. BEIJING, May 22- Washington and Beijing are nearing a deal that would remove an existing U.S. order banning American companies from supplying Chinese telecommunications equipment maker ZTE Corp, two people briefed on the talks told Reuters. The people, who declined to be identified because negotiations...

  • *Oil markets tight on OPEC cuts, looming U.S. sanctions on Iran. SINGAPORE, May 22- Oil prices rose on Tuesday, with Brent edging closer to $80 per barrel, on concerns that Venezuela's crude output could drop further following a disputed presidential election and potential U.S. sanctions on the OPEC- member. "is tight and the U.S. will probably tighten sanctions on...

  • TOKYO, May 22- Japanese shares edged lower on Tuesday from 3 1/ 2- month highs the previous day, with financial shares leading declines as investors booked profits on signs of an apparent peak in U.S. bond yields. Helping Tokyo markets rise on Monday was the reduction of fears of a trade war between China and the United States, which was a key factor behind Wall...

  • TOKYO, May 22- Sony Corp said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world's biggest music publisher in an industry that has found new life in streaming services. The acquisition, which gives Sony a catalogue of more than 2 million songs from artists such as Kanye West, Sam Smith and Sia, is the biggest so far by new CEO Kenichiro...