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  • *Co says Q3 profit down 75 pct y/y to $26.79 mln. NEW DELHI/ BENGALURU, Jan 23- IndiGo, India's biggest airline by market share, will take more deliveries of the longer-range Airbus A321neo aircraft next year as it plans to launch more international flights, its interim CEO said on Wednesday after the company's profit fell sharply. "We are focussed on building a large...

  • INDIA'S GOVERNMENT HAS NOT COMMENTED ON JAITLEY'S MEDICAL CONDITION.

  • INDIA'S JAITLEY IS LIKELY TO FACE SURGERY IN NEW YORK ON THURSDAY- SOURCE.

  • INDIA'S FINANCE MINISTER ARUN JAITLEY WILL NOT BE PRESENTING NEXT WEEK'S INTERIM BUDGET- SOURCE.

  • *Deutsche Bank acted as correspondent bank for Danske. FRANKFURT, Jan 23- Deutsche Bank said on Wednesday it had received requests for information from regulators and law enforcement agencies around the world that are investigating a money laundering scheme involving Danske Bank. The statement came in response to a Bloomberg report that said the U.S.

  • BERLIN, Jan 23- Chinese battery maker Contemporary Amperex Technology Ltd eyes an annual production of 60 gigawatt hours from 2026 at its first European production site in Germany, a senior CATL manager said on Wednesday. Matthias Zentgraf, CATL's regional president for Europe, told a business conference in Berlin that its battery cell factory in Erfurt would...

  • The India Today-Karvy Insights Mood of the Nation poll forecast that the number of seats held by Modi's Bharatiya Janata Party and an ally could plummet to just 5 from the 73 it won in the last election in 2014 if most of the opposition parties, including the Congress party, team up to take on Modi. A recently formed alliance between three regional parties in the...

  • LONDON, Jan 23- The Bank of England's investigation into last year's costly IT meltdown at TSB bank that hit customers is still ongoing, the BoE's deputy governor Sam Woods told lawmakers on Wednesday. This was why the Bank was investigating it jointly with the Financial Conduct Authority, and that investigation was on-going, Woods said. TSB's owner, Spanish bank...

  • LONDON, Jan 23- Crude oil markets in Europe and West Africa have made a strong start to 2019 as Libyan supply losses and strong demand in Asia offset rising U.S. exports. In the North Sea, Forties crude reached its highest since October on Monday. The strength comes as global oil producers led by the Organization of the Petroleum Exporting Countries are embarking on...

  • Jan 23- Canada's main stock index rose on Wednesday after Bank of Canada Governor Stephen Poloz assured the Canadian economy is in good shape. *At 9:35 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was up 57.37 points, or 0.38 percent, at 15,291.13. *Latest data showed Canadian retail sales fell 0.9 percent in November from C $50.39 billion in...

  • RPT-DEUTSCHE BANK CEO SAYS CREATING A HOLDING COMPANY DOESN'T HELP INCREASE REVENUE AND CUT COSTS.

  • RPT- DAVOS- DEUTSCHE BANK CEO SAYS VAST MAJORITY OF 20 BIGGEST LEGAL CASES RESOLVED, WORST IS BEHIND US.

  • HARARE, Jan 23- Zimbabwe's President Emmerson Mnangagwa has promised action in response to a crackdown by security forces on anti-government protesters following a hike in the price of fuel. Zimbabwe's Human Rights Commission accused security forces of systematic torture. Critics say the country is reverting to the authoritarian rule that characterised...

  • *China's economy not entering end of expansion. DAVOS, Switzerland, Jan 23- China's economy will continue to achieve sustainable growth despite global uncertainties, Chinese Vice President Wang Qishan said on Wednesday, days after the second-largest economy posted its weakest economic expansion in nearly three decades. "There will be a lot of uncertainties...

  • NEW YORK, Jan 23- The dollar rose against the yen on Wednesday, after the Bank of Japan kept its stimulus program in place, but uncertainties over trade and the global economy kept the greenback in a tight trading range against other major currencies. "They are conceding that the risks to inflation and growth are skewed to the downside," said Minh Trang, senior...

  • *P&G, UTX, Comcast rise after results beat. *IBM biggest gainer among Dow components. Jan 23- U.S. stocks rose on Wednesday, as strong earnings from IBM, United Technologies and Procter& Gamble led a rebound for Wall Street from its second biggest decline in 2019..

  • LONDON, Jan 23- The last of three former senior directors of Tesco accused of fraud at Britain's biggest retailer in 2014 has been formally acquitted, leaving the Serious Fraud Office without a conviction for the accounting scandal. Carl Rogberg, 52, a former Tesco UK finance director, was tried last year along with former UK managing director Christopher Bush,...

  • OTTAWA, Jan 23- A top executive from Huawei Technologies Co Ltd can make a good case against being extradited to the United States, in part due to remarks made by U.S. She was arrested at the request of the United States https://reut.rs/2HuT3WE over alleged violations of U.S. sanctions on Iran. McCallum also noted that Canada has not applied the same sanctions...

  • DAVOS, Switzerland, Jan 23- Argentine Central Bank Governor Guido Sandleris said on Wednesday that the bank's monetary policy committee would be looking at its current daily limit on foreign exchange purchases of up to $50 million. He said in coming weeks the bank would look at the amount of purchases that the central bank would undertake if the peso were to...

  • DAVOS, Switzerland, Jan 23- German Chancellor Angela Merkel delivered a robust defence of the post-war multilateral order on Wednesday, lauding compromise as a virtue in international relations in a veiled criticism of U.S. "has to act against the fragmentation of the international architecture, and be ready to reform the existing institutions," Merkel said in...