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  • TOKYO, Sept 20- Oil prices rose on Wednesday after Iraq's oil minister said OPEC and other crude producers were considering extending or even deepening a supply cut to curb a global glut, while a report showed a smaller-than-expected increase in U.S. inventories. While options being considered by the Organization of the Petroleum Exporting Countries and...

  • TOKYO, Sept 20- Japanese Prime Minister Shinzo Abe is set to delay the timing for balancing a primary budget from the current fiscal 2020 to later in the decade, sources told Reuters on Wednesday, calling the government's fiscal discipline into question. Abe is expected to call the general election for Oct. 22 to take advantage of a rebound in his damaged approval...

  • NEW YORK— Walmart won't be doing large-scale holiday hiring at its stores this year. Macy's is increasing the number of temporary workers it's planning to hire for distribution and warehouses. FedEx says it plans to hire 50,000 people ahead of the holiday season, the same level as last season.

  • UNITED NATIONS, Sept 20- The leaders of Britain, France and Italy will push social media companies on Wednesday to remove "terrorist content" from the internet within one to two hours of it appearing because they say that is the period when most material is spread. British Prime Minister Theresa May, French President Emmanuel Macron and Italian Prime Minister...

  • *Decision was made by Toshiba's board- sources. *Toshiba to make announcement later on Wednesday- sources. TOKYO, Sept 20- Japan's Toshiba Corp has selected a group led by U.S. private equity firm Bain Capital to buy its prized memory chip unit, three people with knowledge of the talks said on Wednesday, the latest dramatic twist to a highly contentious auction.

  • *Spot gold still targets $1,299 per ounce- technicals. "Trump's comments overnight in regards to North Korea have certainly added a bid to the precious complex but all in all very quiet ahead of the," a Sydney- based trader said, adding that the dollar was providing some support. President Donald Trump escalated his standoff with North Korea over its nuclear...

  • Europe's largest aerospace firm marked the opening of centre in the northern Chinese port city of Tianjin with the delivery of the first A330 jet from the plant to Tianjin Airlines. The centre is a joint venture between the Aviation Industry Corporation of China and Tianjin Free Trade Zone Investment Company and was first agreed during a visit by President Xi...

  • SINGAPORE, Sept 20- Chicago wheat futures edged higher on Wednesday with prices supported by bargain-buying and expectations of lower production in Canada although abundant world supplies limited gains. The most-active wheat contract on the Chicago Board of Trade rose 0.3 percent to $4.44-1/ 2 a bushel by 0248 GMT, corn was unchanged at $3.48-1/ 4 a bushel and...

  • NEW YORK, Sept 19- Uncertainty about how the United States will cope with growing tumult in the world has not dampened Warren Buffett's optimism for the country's prospects over the long term-- even 100 years into the future. Buffett spoke in New York at an event celebrating the 100th anniversary of Forbes magazine, and is on the cover of an issue featuring 100 of the...

  • NEW YORK, Sept 19- Uncertainty about how the United States will cope with growing tumult in the world has not dampened Warren Buffett's optimism for the country's prospects over the long term-- even 100 years into the future. Buffett spoke in New York at an event celebrating the 100th anniversary of Forbes magazine, and is on the cover of an issue featuring 100 of the...

  • *Oil up after Iraq signals possible OPEC cut extension. TOKYO, Sept 20- Asian stocks were mostly steady on Wednesday after Wall Street again rose to record highs, although movements were limited as a wait-and-see mood prevailed before the Federal Reserve reveals its monetary policy stance later in the day. MSCI's broadest index of Asia-Pacific shares outside...

  • TOKYO, Sept 20- Japan's embattled Toshiba Corp has selected a group led by U.S. private equity firm Bain Capital to buy its prized memory chip unit, three people with knowledge of the talks said on Wednesday. The decision was made by Toshiba's board and will be announced later on Wednesday, two sources said. The people declined to be identified as they were not...

  • MUMBAI, Sept 20- Business confidence among Asian companies fell for the first time in three quarters in July-September as escalating geo-political tensions outweighed an improved performance by most economies in the region, a Thomson Reuters/ INSEAD survey showed. The Thomson Reuters/ INSEAD Asian Business Sentiment Index,, representing the six-month...

  • TOKYO, Sept 20- Japanese Prime Minister Shinzo Abe is set to delay the timing for balancing a primary budget from the current fiscal 2020 to later in the decade, sources told Reuters on Wednesday, calling the government's fiscal discipline into question. The government has vowed to achieve the ambitious target of returning to a primary budget surplus in the...

  • HONG KONG, Sept 20- Chinese logistics firm Best Inc priced its U.S. initial public offering at the bottom of expectations, raising $450 million after it revised terms of the deal to cope with tepid investor demand. The offering was the biggest by a Chinese firm in the United States since rival express delivery firm ZTO Express Inc raised $1.4 billion in October.

  • TOKYO, Sept 20- Oil prices rose on Wednesday after Iraq's oil minister said OPEC and other crude producers were considering extending or even deepening a supply cut to curb a global glut, while a report showed a smaller-than-expected increase in U.S. inventories. While options being considered by the Organization of the Petroleum Exporting Countries and...

  • This month, hurricanes Irma and Maria have forced Caribbean oil terminals and refineries to shut or slow operations, locking down millions of barrels stored. The scramble for shipments has led some shippers to divert tankers away from Venezuela to feed Latin American and Caribbean countries desperate for fuel. Eustatius, Puerto Rico and parts of the Bahamas,...

  • *Snap election hope should support Japan stocks for a while- analyst. TOKYO, Sept 20- Japan's Nikkei share average was nearly flat on Wednesday morning after scaling more than two-year highs on the previous day, while investors stayed cautious before the U.S. Whether the U.S. yields will rise or not is also in focus, "said Masayuki Kubota, chief strategist at Rakuten...

  • MELBOURNE, Sept 20- London metals were trapped in a tight range on Wednesday ahead of a U.S. *LEAD PREMIUMS: Premiums for LME lead in China's bonded zones jumped $10 to $170- $190 amid tightening domestic supply. Lead imports to China have been profitable since early August, fuelled partly by environmental inspections that caused some plants to shut and solid...

  • TOKYO, Sept 20- Booming shipments of cars and electronics in August drove up Japan's exports at the fastest pace in nearly four years, further evidence that overseas demand is strong enough to support healthy economic growth. Export growth is seen likely to continue as the global economy remains on a solid footing, which should underpin policymakers'...