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  • LONDON, Jan 24- Sterling consolidated gains on Thursday after rocketing to a 11- week high overnight on growing optimism that British lawmakers would be able to avoid a no-deal Brexit. On Thursday, the British currency edged a fifth of a percent lower at $1.3038 after briefly scaling a 2-1/ 2 month high of $1.3094 in the Asian session. It was trading just below a key...

  • *Analysts skeptical of strong Hyundai earnings recovery this yr. SEOUL, Jan 24- South Korea's Hyundai Motor surprised the market on Thursday by posting its first quarterly net loss in at least eight years as its vehicle sales slumped in the key China market. Hyundai has been grappling with the lack of attractive models and strong branding in China, its biggest...

  • ZURICH, Jan 24- Kuehne und Nagel International AG is not seeking a mega-merger with Panalpina, the target of a $4 billion- plus approach from Denmark's DSV, majority shareholder Klaus-Michael Kuehne told the Handelszeitung paper. Panalpina stock had risen more than a third since DSV's tentative bid last week, which at that point was worth 170 francs per share, or 4...

  • Imposition of the tariffs would imply that the European Union was a national security threat to the United States, which the 28- nation bloc could not accept, Malmstrom said during a panel event at the World Economic Forum in Davos.

  • Imposition of the tariffs would imply that the European Union was a national security threat to the United States, which the 28- nation bloc could not accept, Malmstrom said during a panel event at the World Economic Forum in Davos.

  • BERLIN, Jan 24- Germany's finance ministry holds talks with Commerzbank in connection with its holding in the lender, the ministry said, when asked to comment on a report that the finance minister had met with representatives of the bank to discuss a potential merger with Deutsche Bank. "Apart from that, the finance minister and state secretaries, as part of their...

  • *FTSE 100 down 0.3 pct; FTSE 250 up 0.1 pct. Jan 24- Britain's FTSE 100 was lower in early trade on Thursday, underperforming its European peers, as weaker crude prices dragged oil majors lower and telecom Vodafone and pest control company Rentokil were hurt by weak sector earnings. On track for its third straight session of losses, the FTSE 100 was 0.3 percent lower...

  • DAVOS- EU TRADE COMMISSIONER MALMSTROM SAYS U.S. AUTO TARIFFS WOULD BE BAD FOR EU AND U.S. ECONOMIES, WOULD IMPLY EU IS NATIONAL THREAT TO UNITED STATES.

  • OTTAWA, Jan 23- A top executive from Huawei Technologies Co Ltd being held in Canada can make "strong arguments" against extradition to the United States, in part due to President Donald Trump's politicization of the case, Canada's ambassador to China said. Canadian envoy John McCallum's comments to Chinese-language media, which were broadcast on Wednesday, are...

  • OSLO, Jan 24- Norway's central bank left its main interest rate unchanged at 0.75 percent on Thursday, as expected, and reiterated plans to hike in March, in line with its previous forecast.

  • With China targeting sales of more than 7 million EVs by 2025, the need to manage demand and distribution of power on the grid, particularly at times of peak demand, will be crucial. PowerShare can monitor where vehicles are and where demand is in the system, " Graham Howes, managing director of BP Ventures in Asia, told Reuters. "We wanted to find a technology that can...

  • DAVOS, Switzerland, Jan 24- France wants to push during its presidency of the Group of Seven for a global taxation system including a minimum corporate tax at world level, Finance Minister Bruno Le Maire said on Thursday. Le Maire told the World Economic Forum in Davos this was needed to address imbalances among the taxes paid by big and small companies.

  • LONDON, Jan 24- The euro fell on Thursday ahead of a European Central Bank meeting in which policymakers may express caution about slowing economic growth. If recent weaker-than-expected economic activity in Germany and France leads ECB President Mario Draghi to point to a potentially longer lasting slowdown, that could hurt the euro. Germany, France and...

  • The State Administration of Press, Publication, Radio, Film and Television approved 95 games in its fourth list since December, with two mobile games from Tencent and one from NetEase, the data showed.

  • KAMPALA, Jan 24- Ugandan President Yoweri Museveni said telecom firm MTN Uganda needs to sell shares on the local stock exchange to facilitate domestic ownership of the company and ensure more of the money it earns stays in the country. A unit of South Africa's MTN Group, the company is the East African country's largest telecommunications firm, controlling a...

  • DAVOS, Switzerland, Jan 24- Chinese e-commerce giant Alibaba Group Holding Ltd Chief Executive Officer Daniel Zhang said on Thursday China's huge consumption power makes its economy a "self-sufficient market" that can serve as a key driver of global growth. "China has a lot of opportunities. Trade war is only one matter, "Zhang told delegates at the World Economic...

  • LONDON, Jan 24- European shares inched higher on Thursday as better-than-expected results from chipmaker STMicro delivered a boost to the tech sector, while oil stocks weighed on the market. The pan-European STOXX 600 gained 0.1 percent by 0843 GMT, in line with Germany's DAX while Britain's FTSE 100 fell 0.4 percent. Italian fashion brand Tod's was also...

  • Jan 24- Hong Kong shares ended higher on Thursday tracking overnight strength on Wall Street, but gains were curbed by losses from index heavyweight Tencent, while worries over global growth and the U.S.- China trade dispute continued to weigh. **Tencent Holdings Ltd, the most actively traded stock in the Hong Kong market, fell for a third straight day, ending 0.9...

  • TOKYO, Jan 24- Nissan Motor Co Ltd said on Thursday it was preparing to hold an extraordinary shareholders meeting in mid-April to vote on removing former Chairman Carlos Ghosn and director Greg Kelly from the automaker's board. The board already stripped them of their representative director titles in November following their arrest on suspicion of...