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Wires

  • LONDON, Nov 20- German bond yields steadied near 1 1/ 2- week lows on Monday after talks to form a coalition government failed. Yields struggled to push much lower as investors brushed off initial concerns about rising political risk in Europe's biggest economy. European shares recovered from early selling as confidence about the outlook for the euro zone...

  • "We'll be submitting plans on healthcare, plans on infrastructure and plans on welfare reform, which is desperately needed in this country, soon after taxes," he told reporters at the White House ahead of a meeting with his Cabinet secretaries.

  • WASHINGTON, Nov 20- President Donald Trump designated North Korea a state sponsor of terrorism on Monday, allowing the United States to impose additional sanctions and penalties against Pyongyang as it continues to pursue nuclear weapons programs. The Republican president, who has traded personal barbs and insults with North Korean leader Kim Jong Un, said...

  • "Trump praised the House passage of a tax bill last week and said he said he was" very hopeful "that the Senate would also approve a version. The president said he expected to work with Republicans in the House and Senate on a plan that will be "spectacular for growth and spectacular for the people of this country. The White House says it's willing to strike a...

  • HOUSTON/ DUBAI, Nov 20- As Venezuela's dilapidated energy sector struggles to pump enough crude oil to meet the country's OPEC output target, rival producers have started to plug the gap, according to OPEC and industry sources and U.S. government data. Some OPEC members expect the fall to accelerate in 2018, reaching at least 300,000 bpd, OPEC sources said.

  • *Oil prices slip before OPEC meeting. NEW YORK, Nov 20- Global equities rose on Monday as confidence over economic growth around the world helped investors brush off concerns about the collapse of government talks in Germany, which sent the euro lower against the U.S. dollar. Investors shrugged off the political impasse in Germany while the U.S. leading economic...

  • *China women's underwear mkt worth $33 bln by 2020- Euromonitor. SHANGHAI, Nov 20- Victoria's Secret's glitzy annual fashion show hit the stage in China for the first time on Monday, though without several of its "Angels" and star names who had been expected to attend, including model Gigi Hadid and pop singer Katy Perry. At a 2015 concert, Perry appeared to show support...

  • MILAN/ FRANKFURT, Nov 20- European shares rose on Monday as confidence over global economic activity and a retreating euro encouraged investors to brush off worries over the collapse of coalition government talks in Germany. Chancellor Angela Merkel said on Monday her efforts to form a three-way coalition had failed, pushing Germany, Europe's largest...

  • CHICAGO, Nov 20- Chicago wheat futures fell 1.4 percent on Monday as the dollar climbed against a basket of currencies, making U.S. grain more expensive in a well-supplied global market. Chicago Board of Trade December wheat was down 6 cents to $4.21-1/ 4 per bushel at 10:58 a.m. CST, giving back its gains from the previous session. A tender issued by Iraq, which is...

  • LINCOLN, Nebraska/ WASHINGTON, Nov 20- Nebraska regulators voted on Monday to approve a route for TransCanada Corp's Keystone XL pipeline through the state, lifting the last big regulatory obstacle for the long-delayed project that U.S. The 3-2 decision by the Nebraska Public Service Commission helps clear the way for the pipeline linking Canada's Alberta...

  • MEXICO CITY, Nov 20- Canada and Mexico will not make counterproposals to U.S. demands for tougher NAFTA automotive content rules but instead will question and rebut them on Monday, people familiar with the talks said. The move underlines how little progress negotiators have made in the fifth of seven planned rounds of talks to update the 23- year-old North...

  • The company's shares, which had fallen about 40 percent since it reported deaths of five patients, were up 9 percent at $19.40. Leerink Partners analyst Paul Matteis said the outright discontinuation of tozadenant program was "smart", as the focus fully shifts to Acorda's other Parkinson's drug in development, Inbrija. The company, which acquired tozadenant...

  • NEW YORK, Nov 20- Oil prices slipped on Monday, extending recent weakness ahead of an OPEC meeting next week, while a rally in the dollar negatively affected commodities across the board. The Organization of the Petroleum Exporting Countries, together with a group of non- OPEC producers led by Russia, has been restraining output since the start of this year to try to...

  • *FTSE 100 up 0.1 pct, mid caps up 0.4 pct. LONDON, Nov 20- Britain's top share index recovered from earlier losses to inch higher at the start of the week as cyclical sectors made a comeback, though the UK market lagged European benchmarks and Shire was a loser among health stocks. "I think for the moment people are still fixated on progress in negotiations between the UK...

  • MEXICO CITY, Nov 20- Uber Technologies Inc, which has been facing a wave of regulations in Latin America, is fighting proposed rules in Cancun that the ride-hailing service says could drive it out of the top Mexican beach resort. Legislators in Quintana Roo, the southeastern state that includes Cancun, are considering a proposal that would bar drivers from...

  • Amazon also has small shops in several malls, and is selling most of its gadgets in 100 Whole Foods stores and opening pop-up shops in five. But the Seattle- based company's physical stores are a small part of its business, making up just 3 percent of its total revenue between July and September, even though it bought Whole Foods and its 470 stores during that period.

  • Nov 20- Technology stocks led Wall Street higher on Monday as investors eased off the pedal with earnings season dying down and the Thanksgiving holiday coming up. "Wall Street is looking for the next catalyst to move higher," said Brent Schutte, chief investment strategist for Northwestern Mutual Wealth Management Company. The U.S. House of Representatives...

  • Nov 20- Technology stocks led Wall Street higher on Monday as investors eased off the pedal with earnings season dying down and the Thanksgiving holiday coming up. "Wall Street is looking for the next catalyst to move higher," said Brent Schutte, chief investment strategist for Northwestern Mutual Wealth Management Company. The U.S. House of Representatives...

  • MOSCOW, Nov 20- Russia will place temporary restrictions on imports of pork and beef products from Brazil from Dec. 1, the country's Rosselkhoznadzor food safety watchdog said on Monday. Russia said last week it was considering a ban on all pork and beef imports from Brazil after finding the feed additive ractopamine in some shipments, an allegation Brazilian...

  • That's the finding of a survey released last week by the U.S. Chamber of Commerce and MetLife. The survey was conducted between Sept. 18 and Oct. 16, after Hurricanes Harvey and Irma hit the Gulf Coast and Florida, damaging, destroying or at the least closing many companies. While the survey was being conducted, dozens of wildfires destroyed homes and businesses in...