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  • *Companies globally race to comply with GDPR by May deadline. *Has created flood of work for privacy lawyers, software experts. SAN FRANCISCO, Jan 22- Business is booming for software and privacy experts as companies across the globe spend millions of dollars to comply with a landmark European data protection law, even as many uncertainties remain about how the...

  • *Nozha International Hospital loses steam in Egypt. DUBAI, Jan 22- Middle East stock markets were mixed on Monday with property developers weighing on Dubai amid continued concern about ample new housing supply, while Qatar rose in anticipation of annual dividend announcements. The Dubai index slipped 0.3 percent to 3,501 points as Emaar Properties dropped...

  • Weyerhaeuser harvests timber on the Louisiana land in question and is backed in the case by business groups including the U.S. Chamber of Commerce. The frog, found only in four locations in southern Mississippi, also previously inhabited Louisiana and Alabama. The Fish and Wildlife Service's critical habitat designation covered the tract of 1,544 acres of...

  • *Sanofi paying $11.6 billion for Bioverativ. LONDON, Jan 22- Biotech deal activity exploded on Monday with French drugmaker Sanofi and U.S.-based Celgene spending a combined total of more than $20 billion to add new products for haemophilia and cancer to their medicine cabinets. Sanofi agreed to buy U.S. haemophilia expert Bioverativ for $11.6 billion, its...

  • LONDON, Jan 22- Shares in France's Orange and Germany's Deutsche Telekom were boosted on Monday by a report in French daily Le Monde that the two telecoms firms held merger talks between May and September 2017 last year, traders said. At 1414 GMT, Orange shares were up 2.2 percent, at the top of France's CAC 40, while Deutsche Telekom rose 2.5 percent to the top of the...

  • TORONTO, Jan 22- Canada's main stock index fell on Monday as declines for the materials and industrial groups offset gains for financial shares. The Toronto Stock Exchange's S&P/TSX composite index fell 38.41 points, or 0.23 percent, to 16,315.05, shortly after the open. Seven of the index's 10 main groups were lower.

  • NEW YORK— Billionaire investor Carl Icahn is calling for the removal of Xerox CEO Jeffrey Jacobson as the copier company reportedly seeks a deal with camera company Fujifilm. "He is neither qualified nor capable of successfully running this company, let alone negotiating a major strategic transaction that will do more than save his own job," Icahn and Darwin...

  • Jan 22- Commodities markets should trade normally on Monday even though key regulators, including the Commodity Futures Trading Commission, will be operating with skeleton crews due to the U.S. government shutdown. Private exchange operators are generally not affected, but weekly economic reports from the U.S. Energy Department and U.S. Department of...

  • WASHINGTON, Jan 22- Hundreds of thousands of federal workers began shutting down operations on Monday with the U.S. government closed, as a bipartisan group of senators tried to negotiate a deal just hours before the full Senate planned another vote to restore funding. Senate Majority Leader Mitch McConnell late Sunday rescheduled an overnight vote on a...

  • NEW DELHI, Jan 22- India could see more integration among state oil companies, its oil minister said on Monday, following top producer ONGC's $5.8 billion deal last week to buy a majority stake in refiner Hindustan Petroleum Corp Ltd.. India wants to build bigger oil companies to better compete with global energy giants and withstand oil price volatility...

  • NEW YORK, Jan 19- U.S. government shutdowns, which hurt federal workers who go on furlough and taxpayers in need of federal services, have not caused major disruptions to financial markets in the past. "It's more a political event than an economic one," said Alessio de Longis, portfolio manager with OppenheimerFunds' global multi-asset group in New York.

  • Speaking at a technology conference in Munich, Uber Chief Executive Dara Khosrowshahi said he was "focused on going from growth-at-all-costs to responsible growth" and that the company was seeking to make a fresh start in Germany.

  • NEW YORK, Jan 22- The U.S. government shutdown that began on Saturday is disruptive to the economy, but poses no immediate threat to its top notch Aaa rating as long as it makes its debt payments on time, Moody's Investors Service said on Monday. The federal shutdown, the first since 2013, would make it likely that the issue of raising the statutory borrowing limit...

  • Boeing slid 0.7 percent and General Electric lost 0.9 percent Monday morning. French drugmaker Sanofi said it will buy hemophilia treatment companies Bioverativ for $11.6 billion. Biotech drugmaker Celgene said it will pay $9 billion for cancer therapy maker Juno Therapeutics, and Juno jumped 26.9 percent.

  • DUBAI, Jan 22- Iran's central bank chief on Monday warned investors speculating on the fall of the rial that they were heading for losses because his bank could control the foreign exchange market and the currency was likely to rebound in the next couple of months. Goveror Valiollah Seif was quoted by Iran's Tasnim news agency as the rial sank to record lows...

  • Jan 22- The benchmark S&P 500 index opened lower on Monday, weighed down by losses in Boeing, Apple and General Electric, and as a U.S. government shutdown entered its third day. The Dow Jones Industrial Average fell 88.26 points, or 0.34 percent, to 25,983.46. The S&P 500 lost 1.7 points, or 0.060492 percent, to 2,808.6.

  • *Deal for $5.56 bln in cash. Jan 22- American International Group on Monday said it would buy Validus Holdings for $5.56 billion in cash to strengthen its reinsurance business, the company's first deal under Chief Executive Brian Duperreault. The deal will also help AIG re-enter the Lloyd's of London insurance market and add new businesses, including crop...

  • *Canadian dollar at C $1.2459, or 80.26 U.S. cents. TORONTO, Jan 22- The Canadian dollar strengthened against its U.S. counterpart on Monday, gravitating toward the middle of this year's range ahead of the resumption of talks to renegotiate NAFTA and as investors weighed domestic data showing an increase in wholesale trade. Separately, the member countries of the...

  • HAMBURG, Jan 22- Germany and France will prepare a joint position on proposals to reform the European Unions farm policy, German Agriculture Minister Christian Schmidt said on Monday. The European Union is planning a reform package for its huge farm support programme after 2020, especially difficult as the decision by net financial contributor Britain to...

  • ZURICH, Jan 22- Cartier owner Richemont on Monday offered up to 2.8 billion euros for full control of Yoox Net-a-Porter to compete better in an expanding online market for luxury goods. Richemont, which like many rivals in the watch industry and high fashion world has been slow to move into selling online, offered 38 euros per share for YNAP, an almost 26 percent...