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  • LONDON, Oct 18- Copper prices slipped on Wednesday due to profit-taking after the recent rally to three-year highs but expectations of solid demand growth in top consumer China helped support sentiment and limit losses. The market is looking for announcements from China's twice-a-decade Communist Party Congress, which started on Wednesday, to boost...

  • *China to promote global yuan usage, widen channels- c.bank. *Data shows yuan settlement in China's trade fell in 2016 yr/yr. BEIJING, Oct 18- China will push ahead with yuan internationalisation and boost the global usage of its currency, the central bank said, following a decline in yuan settlement in trade deals last year.

  • *FTSE 100 up 0.4 pct. Britain's blue chip FTSE 100 index was up 0.4 percent at 7,541.98 points by 0907 GMT, helped by a weaker sterling following data showing UK wage growth edged above forecasts, bolstering expectations for a Bank of England rate hike. So far this year Reckitt's shares have gained around 2.5 percent, against a 5.5 percent rise for the FTSE 100..

  • IRAN'S KHAMENEI SAYS TEHRAN WILL NOT WALK OUT OF NUCLEAR DEAL IF OTHER PARTIES STAY- TV.

  • ALMATY, Oct 18- Kazakhstan's central bank, which launched a support programme for the banking sector last month, has approved an assistance package worth 410 billion tenge for four local banks, the regulator said in a statement on Wednesday. These four banks are mid-sized lenders ATF Bank, Eurasian Bank, Tsesna Bank and Bank CenterCredit, it said, adding that the...

  • LONDON, Oct 18- Reckitt Benckiser has decided to split its business into two units- consumer healthcare and home and hygiene products- the British consumer goods company said on Wednesday, after warning that there would be no growth in sales this year. The maker of a wide range of products, including Durex condoms and Lysol disinfectants, is on track for...

  • BEIJING— The crucial parts will be held behind closed doors, but journalists, academics and more than a billion Chinese citizens will be closely watching for any public hints signaling change at this week's twice-a-decade congress of China's ruling Communist Party. Possible outcomes include the emergence of President Xi Jinping's closest allies, signs...

  • *Moody's may improve Hungary's rating this week-trader. BUDAPEST, Oct 18- Central European currencies extended their gains ahead of a batch of Polish economic figures due later on Wednesday and which are expected to show continued robust economic growth in the region. The crown, which firmed 0.2 percent to 25.741 by 0828 GMT, is getting additional help from...

  • LONDON, Oct 18- China's stocks hit a 26- month high on Wednesday as a twice-a-decade Communist Party congress began with promises to boost the economy. Mexico's peso also added to its biggest jump since June after NAFTA trade ministers extended the deadline on talks. Chinese mainland stocks bucked the trend in Asia, with the blue-chip index closing at its...

  • LONDON, Oct 18- Budget airline Wizz Air on Wednesday said it was applying for an air operator's certificate and operating licence in Britain ahead of the country's departure from the European Union.

  • LONDON, Oct 18- British pay growth has lagged behind inflation again, official data showed on Wednesday, but the figures are likely to cement expectations among investors that the Bank of England will soon raise interest rates for the first time in a decade. Despite a slowdown in Britain's economy this year, the central bank is widely expected to increase rates to...

  • TOKYO— EU aviation safety agency recommends companies suspend purchases of Kobe Steel products.

  • PARIS, Oct 18- Europe's aviation regulator has advised aircraft manufacturers to suspend using parts from Kobe Steel until their legitimacy can be proved, following revelations about data cheating at the Japanese company. The move by the European Aviation Safety Agency is another headache for Kobe Steel, which has shocked aircraft, auto, train and other...

  • HUNTSVILLE, Ala. _ Adtran Inc. on Tuesday reported third-quarter profit of $15.9 million. Three analysts surveyed by Zacks expected $185.4 million. Adtran shares have climbed almost 7 percent since the beginning of the year.

  • Xi's wide-ranging address laid out a confident vision for a more prosperous China and its place in the international community, stressing the importance of wiping out corruption and curbing industrial overcapacity, income inequality and pollution. He made clear there were no plans for political reform, but said China's development had entered a "new era", a...

  • LONDON— Official figures show that household incomes in Britain continue to be squeezed even though the country's unemployment rate remains at its lowest level in 42 years. The Office for National Statistics said Wednesday that average weekly earnings including bonuses increased by 2.2 percent in the three months to August from the same period a year ago.

  • FRANKFURT, Germany— European Central Bank head Mario Draghi says governments must ensure that pro-business reforms create economic benefits for everyone if the changes in worker protections are to find acceptance. "He said that countries that did engage in such reforms during the eurozone debt crisis— such as Spain, Portugal and Italy— had seen unemployment...

  • MILAN, Oct 18- World stocks stayed near peaks and currencies moved in tight ranges on Wednesday as China's Communist Party conference opened and the focus in Europe turned to speeches from top euro zone central bankers before next week's key policy meeting. European shares steadies around four-month highs with a raft of company results in focus and euro zone...

  • LONDON, Oct 18- British pay growth has lagged behind inflation again, official data showed, but the figures are likely to cement expectations among investors that the Bank of England will soon raise interest rates for the first time in a decade. Despite a slowdown in Britain's economy this year, the central bank is widely expected to increase its Bank Rate to 0.50...

  • LONDON— Royal Dutch Shell is opening its first electric vehicle recharging points at three gas stations in Britain, part of the oil giant's efforts to respond to a global push toward zero-emission vehicles. Three charging stations are opening Wednesday at locations in London, Surrey and Derby, with seven more expected by the end of the year.