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  • WASHINGTON— Institute for Supply Management releases its manufacturing index for November, 10 a.m.; Commerce Department releases construction spending for October, 10 a.m.. WASHINGTON— Commerce Department releases international trade data for October, 8:30 a.m.; Institute for Supply Management releases its service sector index for November, 10 a.m..

  • MOSCOW/ GDYNIA, Nov 24- Russia's second-largest footwear retailer, Obuv Rossii, said on Friday shoppers were returning to its stores and spending on more expensive shoes, shaking off two years of recession. Although Obuv Rossii, which translates as "shoes of Russia", reported a 12 percent fall in its third-quarter net profit, it said this was due to a shift in its tax...

  • *Potentially affected customers in Japan, U.S., China and Taiwan. *Latest quality assurance scandal to hit Japan. TOKYO, Nov 24- Mitsubishi Materials Corp on Friday said it was racing to determine the impact of falsified data of products shipped to over 200 customers at home and abroad, in the latest quality assurance and compliance scandal involving a Japanese...

  • *Finland won't opt for majority-governed power balancing. OSLO, Nov 24- Nordic electricity grids are unlikely to agree on a new system to balance power supply and demand before a January deadline as Finland opposes a proposal by Norway, Sweden and Denmark, the head of the Finnish grid told Reuters. Scandinavia and Finland trade power on the Nordic power market but...

  • *Finland won't opt for majority-governed power balancing. OSLO, Nov 24- Nordic electricity grids are unlikely to agree on a new system to balance power supply and demand before a January deadline as Finland opposes a proposal by Norway, Sweden and Denmark, the head of the Finnish grid told Reuters. Scandinavia and Finland trade power on the Nordic power market but...

  • SHANGHAI, Nov 24- Mitsubishi UFJ Financial Group is looking to co-operate with regional banks in China, as well as hire more risk and compliance staff, in a bid to navigate the country's tighter regulatory environment. In order to "provide more diversified financial services" to meet the changing needs of customers, MUFG will "need partner banks in China", Yoshikawa...

  • LONDON/N'DJAMENA, Nov 24- Chad's stalled talks with Glencore on restructuring more than $1 billion in debt due to the trading firm has delayed the release of IMF funds for the struggling central African country until at least early next year, sources familiar with the matter said. The fund approved just over $300 million in credit for Chad at the end of June.

  • RELEASE OF FRESH IMF FUNDS TO CHAD DELAYED BY STALLED GLENCORE DEBT TALKS- SOURCES.

  • "We've expressed an interest," one source said, confirming that they had bid for slots at Gatwick but not at London's Luton airport.

  • TRAVEL FIRM THOMAS COOK HAS BID FOR MONARCH AIRPORT SLOTS AT LONDON GATWICK- TWO SOURCES CLOSE TO DISCUSSIONS.

  • COPENHAGEN, Nov 24- Danish supermarket chains Bilka and Fotex said their websites had been taken down by cyber attacks at the launch of their Black Friday sales campaigns. Dansk Supermarked, the country's second largest supermarket retailer with a market share of around one-third, owns and operates 100 Fotex supermarkets and 18 Bilka hypermarkets in Denmark.

  • BERLIN— A labor union says workers at a half dozen Amazon distribution centers in Germany have walked off the job, the latest in a string of walkouts in a long-running wage dispute with the American online retailer at one of its busiest times. The union's been pushing since 2013 for higher pay for some 12,000 workers in Germany, arguing Amazon employees receive...

  • Nov 24- Former investment banker Manjit Wolstenholme, who took over the running of troubled British doorstep lender Provident Financial three months ago, has died suddenly at the age of 53.. Wolstenholme, who joined Provident's board in 2007, became executive chairman of the subprime lender in August after Peter Crook, who was its CEO for more than 10 years,...

  • *FTSE 100 down 0.2 pct. LONDON, Nov 24- UK shares slipped on Friday as sterling rose, remaining near three-week highs on an upbeat tone in Brexit talks that could see the currency break through a technical barrier. British Prime Minister Theresa May was due to discuss Britain's plans to leave the European Union with EU summit chair Donald Tusk later in the day,...

  • LONDON, Nov 24- Sterling edged higher on Friday and is poised to post gains for a third consecutive week as markets interpreted latest comments from top EU policymakers as mildly positive for Brexit negotiations though gains were capped. With general dollar weakness across the board in a week shortened by holidays in the United States and Japan, the British...

  • Nov 24- For years China's top officials have touted their ambitious policy priority to wean the world's second-largest economy off high levels of debt, but there is not much to show for it. Without a comprehensive strategy to tackle the overhang, there is a growing risk China will have a banking crisis or sharply slower growth or both, the International Monetary...

  • BERLIN, Nov 24- German business confidence hit a record high in November putting Europe's largest economy on track for a boom, the Ifo economic institute said on Friday, allaying some concerns about political instability over forming a new government. But the Nov 6 to Nov 23 survey period did come as questions were being raised about what kind of government would...

  • *Expectations of OPEC extension to oil curbs support prices. LONDON, Nov 24- U.S. oil prices jumped to a two-year high on Friday as North American markets tightened on the partial closure of the Keystone pipeline connecting Canadian oilfields with the United States. U.S. light crude hit highs not seen since July 1, 2015 on Friday, trading at $58.70 a barrel, before...

  • LONDON, Nov 24- Emerging stocks overcame their China- fuelled jitters on Friday and were set to extended their rally for a fourth straight week, while South African assets weakened amid nervousness over a possible ratings downgrade. MSCI's emerging market benchmark edged higher on the day, with gains of around 1.6 percent since Monday and Asia's ex- Japan index...

  • FRANKFURT, Nov 24- "Fake data" is as much of a threat to economic and financial stability as "fake news" is to politics, a leading European central banker said on Friday. European Central Bank board member Benoit Coeure said there was a growing prevalence of poor quality data which risks fuelling economic manias and panics. "Just as there are concerns about' fake news'...