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Wires

  • Netcare, South Africa's second-largest private hospital firm, has been in the UK market for a decade through a controlling stake in BMI Healthcare and in September made an all-share offer to buy out minority shareholders. "With unfettered management control we can drive the business in the same way as in South Africa, we can drive the same efficiencies," Netcare...

  • Nov 20- Acorda Therapeutics Inc said on Monday it would terminate developing its drug to treat Parkinson's disease, a week after the drugmaker reported five deaths in key studies testing the treatment.

  • NICOSIA, Cyprus— Egypt's president says newly discovered gas deposits in the eastern Mediterranean can offer Europe alternative sources of energy that it's searching for. President Abdel-Fattah el-Sissi said after talks with his Cypriot counterpart Monday that Europe can take advantage of the proximity of both Egypt and Cyprus to the continent in that...

  • Nov 20- Chipmaker Marvell Technology Group Ltd said on Monday it would buy smaller rival Cavium Inc in a deal valued at about $6 billion as it seeks to expand its networking equipment business.

  • LEIDEN, Netherlands _ ProQR Therapeutics NV on Monday reported a loss of $12.4 million in its third quarter. On a per-share basis, the Leiden, Netherlands- based company said it had a loss of 49 cents. A year ago, they were trading at $4.75.

  • Nov 20- British ship insurer North is setting up a subsidiary in Dublin, joining a growing list of insurers setting up regulated European Union operations in case Britain does not have access to the single market after Brexit. U.S. insurer AIG will set up a European subsidiary in Luxembourg, in addition to its European headquarters in London, it said in March.

  • NEW YORK— Marvell to buy Cavium, creating computer chip giant to rival to Intel.

  • LONDON, Nov 20- In a former bank building just across from the Bank of England in the City of London, the glass-domed 1 Lombard Street restaurant offers a taste of the financial district's mood. And since Britain voted to leave the European Union last year, owner Soren Jessen- a former banker- says the mood has soured again, with breakfasts now more popular for...

  • PARIS, Nov 20- Goldman Sachs Chief Executive Lloyd Blankfein said the bank would have hubs in Frankfurt and Paris after Brexit and that it would be up to the staff to decide where they want to move to from London, he told French newspaper Le Figaro. Blankfein has visited Frankfurt and Paris over the past few weeks as the Wall Street bank pushes ahead with its plans to...

  • LONDON, Nov 20- A booming financial services industry has reshaped London's skyline over the past 20 years, with gleaming towers dubbed the "Cheesegrater" and the "Walkie Talkie" testament to its impact. But Britain's impending European Union exit has raised fears of an exodus of thousands of financial sector jobs, with an immediate impact on its property market.

  • BERLIN, Nov 20- German Chancellor Angela Merkel's failure to forge a three-way coalition government has plunged Europe's largest economy into uncharted waters, raising pressure on the three-term conservative chancellor to maintain stability. But Germany now faces a prolonged period of political wrangling and uncertainty. Many fear a new election could...

  • BERLIN, Nov 20- German Chancellor Angela Merkel's failure to forge a three-way coalition government has plunged Europe's largest economy into uncharted waters, raising pressure on the three-term conservative chancellor to maintain stability. But Germany now faces a prolonged period of political wrangling and uncertainty. Many fear a new election could...

  • BERLIN, Nov 20- German Chancellor Angela Merkel's failure to forge a three-way coalition government has plunged Europe's largest economy into uncharted waters, raising pressure on the three-term conservative chancellor to maintain stability. But Germany now faces a prolonged period of political wrangling and uncertainty. Many fear a new election could...

  • BERLIN, Nov 20- German Chancellor Angela Merkel's failure to forge a three-way coalition government has plunged Europe's largest economy into uncharted waters, raising pressure on the three-term conservative chancellor to maintain stability. But Germany now faces a prolonged period of political wrangling and uncertainty. Many fear a new election could...

  • TORONTO/ BENGALURU, Nov 20- Canada's marijuana stocks, which have surrendered some of the potent gains that pushed them to record highs this month, face a bumpy ride in 2018 that could purge smaller players, as the country moves to allow recreational use of cannabis in July. Canada is set to become only the second country in the world, after Uruguay, to legalize the...

  • NEW YORK/ LONDON/ CARACAS, Nov 20- Venezuela's efforts to restructure its debt may have triggered an initial stampede for the exits, but some investment funds are maintaining their portfolios or even beefing them up, betting that other investors' distress could spell opportunity. That has given a modicum of comfort to investors wagering on Venezuela's junk...

  • NEW YORK/ LONDON/ CARACAS, Nov 20- Venezuela's efforts to restructure its debt may have triggered an initial stampede for the exits, but some investment funds are maintaining their portfolios or even beefing them up, betting that other investors' distress could spell opportunity. That has given a modicum of comfort to investors wagering on Venezuela's junk...

  • MEXICO CITY, Nov 20- Canada and Mexico will not make counterproposals to U.S. demands for tougher NAFTA automotive content rules but instead will offer rebuttals and pepper American negotiators with technical questions on Monday, people familiar with the talks said. The rebuttal is expected to come on Monday as negotiators resume discussions on automotive...

  • LONDON, Nov 20- Germany's 10- year bond yield dipped to its lowest level in around 1-1/ 2 weeks on Monday after talks to form a coalition government failed and raised the risk of new elections in the euro zone's biggest economy. The political crisis at the heart of Europe lifted demand for safe-haven government debt, but the downward move in bond yields was limited...

  • LONDON, Nov 20- Copper was steady on Monday, supported by falling inventories and a monthly upturn in China's property prices, with gains capped by a firmer dollar. "Housing prices in China were a bit firmer, which is important in copper," said Capital Economics commodities analyst Caroline Bain, adding that construction accounts for about half of Chinese copper...