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  • NEW DELHI, Feb 22- Uber Technologies Inc does not expect any change in its India operations following an investment deal with Japan's SoftBank Group, which also has a stake in the U.S. firm's India rival Ola, Uber's chief executive said on Thursday.. India is one of Uber's fastest-growing international markets and accounts for more than 10 percent of Uber's trips...

  • TOKYO, Feb 22- Japan's top financial diplomat Masatsugu Asakawa said on Thursday that G20 finance leaders would raise the issue of cryptocurrencies at their meeting in Buenos Aires in March.

  • SINGAPORE, Feb 22- Oil prices fell on Thursday, pulled down as a firmer dollar outweighed a report of a decrease in U.S. crude inventories. West Texas Intermediate crude futures were at $61.15 a barrel at 0748 GMT, down 53 cents, or 0.9 percent, from their last settlement. "The firming dollar continues to thwart investor sentiment despite the bullish inventory data,"...

  • *China has more land dedicated to growing wheat. Australia, the world's No.4 wheat exporter, has harvested larger volumes of protein-rich hard wheat in the 2017/ 18 crop year, while the amount of land dedicated to growing wheat in China is expected to be the biggest in five years, with traders saying high-quality grain will make up an increasing chunk of that.

  • PARIS, Feb 22- French water and waste group Veolia said double-digit international growth and a recovery in France boosted its 2017 core earnings by two percent, and added that an acceleration of growth in the fourth quarter had continued into early 2018.. The company increased its dividend to 0.84 euros per share versus 0.80 euros last year and Veolia...

  • EDINBURGH, Feb 22- Britain's Serco said it expected to emerge as one of the winners from the turmoil hitting the outsourcing sector after it reported 2017 results in line with forecasts and predicted profit growth for the next two years. Chief Executive Rupert Soames said the actions it has taken should put it in a stronger position than others in the sector who...

  • BERLIN— A German court began considering Thursday whether authorities should ban diesel cars from cities to lower air pollution, a move that could have drastic consequences for the country's powerful auto industry. The Federal Administrative Court in Leipzig is hearing an appeal by two German states against lower court rulings that suggested driving bans...

  • *Bouygues Telecom's margin comes in ahead of targets. The telecoms business, France's third-biggest mobile operator which Bouygues failed to merge with market leader Orange in 2016, met or exceeded all its 2017 targets. The family-controlled group, which also builds roads and owns France's biggest private TV company TF1, said current operating profits...

  • *Shanghai stocks higher, blue-chip CSI300 index up. *Gains in Shanghai stocks led by Qingdao Tianhua Institute of Chemistry Engineering Co Ltd and losses by Dongfang Electric Corp Ltd. SHANGHAI, Feb 22- China's major stock indexes scored their best single-day gains in more than 18 months, as investors played catch-up buying after the week-long Lunar New Year...

  • SEOUL, Feb 22- South Korea plans to quickly conduct due diligence on the financially strapped South Korean unit of General Motors Co, Finance Minister Kim Dong- yeon said on Thursday. The Detroit automaker announced last week it would shut a plant in the city of Gunsan, southwest of Seoul, by May and decide the future of its remaining three plants in the country...

  • EDINBURGH, Feb 22- British outsourcer Serco reported 2017 profit in line with its recently-upgraded forecast and reiterated its expectations for 2018, expressing confidence in a sector hit by the collapse of rival Carillion. Revenues fell 2 percent to 2.95 billion pounds in 2017 while underlying trading profit fell to 69.8 million pounds, at the top end of...

  • RIGA, Feb 21- Latvia's central bank chief has been suspended pending an investigation into bribery allegations, and the Baltic country's third biggest bank has sought emergency support following U.S. accusations of money-laundering and sanctions-busting. The problems, which the government says are not connected, have dealt a blow to Latvia's reputation as...

  • *Dividend 1.26 euros/ share, also above forecasts. PARIS, Feb 22- French insurer AXA posted higher-than-expected 2017 net profits and stronger earnings in the United States, ahead of the planned flotation of its American life insurance and asset management businesses in the second quarter this year. AXA, which ranks as Europe's second-biggest insurer in terms...

  • PARIS, Feb 22- French water and waste group Veolia said double-digit international growth and a recovery in France boosted its 2017 core earnings by two percent, and added that an acceleration of growth in the fourth quarter had continued into early 2018.. Veolia's 2017 revenue rose 3.9 percent to 25.12 billion euros, compared to a mean consensus forecast for...

  • SINGAPORE, Feb 22- Oil prices fell on Thursday, pulled down as a firmer dollar outweighed a report of a decrease in U.S. crude inventories. West Texas Intermediate crude futures were at $61.15 a barrel at 0640 GMT, down 53 cents, or 0.9 percent, from their last settlement. "The firming dollar continues to thwart investor sentiment despite the bullish inventory data,"...

  • PARIS, Feb 22- French conglomerate Bouygues delivered forecast-beating operating profits for 2017 and predicted a further rise in earnings for 2018, with the company showing growth in its main construction, media and telecom businesses. The telecoms business, France's third-biggest mobile operator which Bouygues failed to merge with market leader...

  • HONG KONG— Most Asian stock indexes fell Thursday, tracking Wall Street's decline after the latest Fed report rekindled fears about inflation and rising bond yields. KEEPING SCORE: Japan's benchmark Nikkei 225 index sank 1.1 percent to 21,736.44 and South Korea's Kospi shed 0.6 percent to 2,414.28. Hong Kong's Hang Seng lost 0.9 percent to 31,138.06 but the...

  • *Indian refining margins expected at $7- $8 per barrel. MUMBAI/ NEW DELHI, Feb 22- India state refiners expect their profit margins to hold their strength this year as demand growth accelerates for fuel products amid a record $93 billion spent on infrastructure and stable crude oil prices, company executives and analysts said. India's sales of cars and especially...

  • TOKYO, Feb 22- Japan's Nikkei share average fell on Thursday on across-the-board selling after U.S. shares dropped overnight on speculation about faster interest rate hikes, while Ricoh stumbled after a media report said it was considering an impairment charge. Ricoh Co declined 3.9 percent, following the report which said it was considering taking a charge...

  • PARIS, Feb 22- France's AXA posted a higher than expected 2017 net profit on Thursday and stronger earnings in the United States, ahead of the planned flotation of its American life insurance and asset management businesses in the second quarter this year. The insurer posted a 2017 net profit of 6.21 billion euros, while analysts had on average forecast net...