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  • Sept 26- The United States is pulling some of its anti-aircraft and missile batteries out of the Middle East, the Wall Street Journal reported on Wednesday, citing U.S. military officials. The Pentagon will pull out four Patriot missile systems from Jordan, Kuwait and Bahrain next month, the report...

  • NEW DELHI, Sept 26- India's cabinet on Wednesday approved incentives to encourage cash-strapped mills to export sugar in the 2018/ 19 season, a government statement said on Wednesday, part of efforts to trim bulging domestic stockpiles. Prime Minister Narendra Modi's cabinet will give transport subsidies of 1,000 rupees a tonne to 3,000 rupees a tonne to sugar...

  • No matter your age, what the Federal Reserve does to interest rates will most likely affect you. Economists say the central bank is nearly certain to raise what's called the federal funds rate by a quarter of a percentage point Wednesday to a range of 2 percent to 2.25 percent, the third such increase this year. An increase creates a ripple effect for rates on a...

  • Even though electric vehicles account for just a fraction of overall car sales, they are slowly gaining favor with buyers, particularly as second cars for daily commuting. While you're researching EVs, you'll deal with the usual considerations, including price, comfort, cargo space and handling. An average cost for the system and professional installation is...

  • NEW YORK— What do you hate shopping for? Eager venture capitalists, digital technology and social media make it easier for anyone with a good idea to enter the consumer goods market, according to a report on insurgent brands by Bain& Company, a management consulting firm. "The reality is that no category is immune to disruption," the Bain& Company report said.

  • *US sanctions on Iran oil exports to kick in from November. The United States will apply sanctions to halt oil exports from Iran, the third-largest producer in the Organization of the Petroleum Exporting Countries, from Nov. 4. "Iran has the opportunity to channel oil through Iraq and they will still have some buyers in Asia.

  • LONDON, Sept 26-- British retail sales growth slowed in September after a booming summer but remained strong, a survey showed on Wednesday, adding to signs that Britain's consumers are not cutting back sharply on their spending as Brexit nears. The Confederation of British Industry's monthly retail sales gauge fell back to +23 from +29 in August.

  • President Donald Trump praised North Korea's leader Kim Jong Un on Tuesday for his courage in taking steps to disarm, but said much work still had to be done and sanctions must remain in place on North Korea until it denuclearizes. Trump's remarks on North Korea were dramatically different from those in his speech last year at the U.N. assembly, when he threatened...

  • ZURICH, Sept 26- Switzerland and the European Union have been negotiating the terms of a treaty that would cement ties between the neutral country and its biggest trading partner. The European Commission and the Swiss government have said they want a deal by year's end, before elections in both Switzerland and the EU next year shuffle the political deck and...

  • NEW DELHI, Sept 26- India's Supreme Court on Wednesday upheld the validity of a massive biometric identity system, but flagged privacy concerns and curbed a government push to make it mandatory for services from opening bank accounts to securing cell phone connections. "This is a fabulous judgment," said lawyer Kapil Sibal, a member of the opposition Congress...

  • IRANIAN RIAL HITS RECORD LOW OF 170,000 TO THE DOLLAR- TASNIM NEWS AGENCY.

  • With only six months until Britain is due to leave the European Union, the terms of its separation have yet to be decided, leaving critical questions over the long-term future of London as the bloc's pre-eminent financial centre. Britain is due to leave the EU on March 29 next year, but there is so far no full exit agreement and Prime Minister Theresa May's plans for...

  • *China shares climb as MSCI, FTSE Russell get more inclusive. LONDON, Sept 26- An two-month high for Chinese shares and talk of an IMF deal for Argentina helped steady the nerves in emerging markets on Wednesday, ahead of what is expected to be the year's third hike in U.S. interest rates. There was a similar move over the debt markets where JP Morgan added Saudi Arabia,...

  • BUDAPEST/ PRAGUE, Sept 26- The Czech crown edged higher on Wednesday as central bank policymakers met and were expected to raise rates for the third meeting in a row. The currency was 0.1 percent higher at 25.585 against the euro at 0837 GMT, not far off 5- month highs. The CNB is expected to increase its main rate by 25 basis points to 1.5 percent, level with Poland's...

  • TOP UBER DEAL MAKER DISCIPLINED AFTER PROBE INTO OFFICE CONDUCT- WSJ.

  • BRUSSELS, Sept 26- Germany's Infineon Technologies on Wednesday won its fight against an 82.2 million euro European Union cartel fine after Europe's highest court told a lower tribunal to review the size of its penalty. Japanese chipmaker Renesas alerted the cartel to the European Commission and escaped a fine. Infineon and Philips then challenged the EU...

  • "Trump blames OPEC for what he has created and caused: the rise of the price of oil and disturbance in the market. In a speech at the United Nations on Tuesday, Trump reiterated calls on OPEC to pump more oil and stop raising prices. The United States will apply sanctions to halt oil exports from Iran, the third-largest producer in OPEC, starting on Nov. 4.

  • DUBAI, Sept 26- Saudi Arabia and four other Gulf states will enter JP Morgan's emerging market government bond indexes next year, a move likely to lure billions of dollars of new foreign investment into their debt, according to a JP Morgan statement sent to investors. Sovereign and quasi-sovereign debt issuers from Saudi Arabia, Qatar, the United Arab Emirates,...

  • LIVERPOOL, England, Sept 26- Britain's opposition Labour Party is wooing business bosses even as it unveils a raft of radical economic policies, determined to thaw a sometimes frosty response to its plans to give more power to the workers. With Brexit negotiations at an impasse and Prime Minister Theresa May's future uncertain, Labour and business-- at times...

  • BEIJING, Sept 26- China and the United States can compete but should not view each other with a Cold War mentality and should avoid thinking it is a zero-sum game, the Chinese government's top diplomat said, amid deteriorating ties between the superpowers. Beijing and Washington are locked in an increasingly bitter trade war and are increasingly at odds over...