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  • SAN FRANCISCO, Feb 20- Samsung Electronics Co Ltd on Wednesday said it will release a pricey folding smart phone in April that works with the next-generation 5 G networks and will cost almost $2,000. The Galaxy Fold will go on sale on April 26, Samsung officials said at an event in San Francisco. The device could help Samsung, the world's largest mobile phone maker,...

  • Feb 20- CVS Health Corp on Wednesday forecast 2019 profit well below Wall Street estimates due to weakness in its pharmacy business that serves long-term care facilities and slower than anticipated growth in drug prices, sending shares down 8 percent. The lowered forecast raised questions on Wall Street about the company's ability to succeed with its $69...

  • OTTAWA, Feb 20- The Canadian government will unveil its budget for the 2019/ 20 fiscal year on March 19, Finance Minister Bill Morneau said on Wednesday. The budget is the last before a federal election in October. The Liberal government, which has pledged to boost spending to invigorate an economy hit by low oil prices, forecast in October the 2018-19 deficit at C...

  • CONSTELLATION BRANDS INC EXEC- EXPECTS HIGH END BEER MARKET TO GROW MID-SINGLE DIGITS IN THE COMING YEAR- CAGNY CONF.

  • NEW YORK, Feb 20- The dollar gained against the yen and cut losses versus the euro on Wednesday after the Federal Reserve, in the minutes of its latest policy meeting, said the U.S. economy and its labor market remained strong, prompting some expectations of at least one more interest rate hike this year. "The minutes look a bit more hawkish than the market was...

  • MILAN, Feb 20- Masks of all shades, shapes and sizes took over the Gucci catwalk on Wednesday as the Italian luxury label kicked off Milan's leg of the Autumn/Winter runway season with an eclectic show rich in patterns, colours and headpieces. Under a kaleidoscope of lights and surrounded by mirrors, Gucci Creative Director Alessandro Michele sent out models in...

  • Feb 20- Federal Reserve policymakers on Wednesday gave little sense of how long their "patient" stance on U.S. interest rate policy would last, and while promising "before too long" a plan for their $4 trillion balance sheet, left unclear what that plan would entail. For now, policymakers see little risk to leaving rates alone to assess the impact of a global slowdown...

  • NEW YORK, Feb 20- U.S. Treasury yields on Wednesday ticked up modestly after the publication of minutes from the Federal Reserve's January policy meeting showed committee members were undecided on whether to hike interest rates again this year. I think that might be behind the market reaction, "said Kathy Jones, chief fixed income strategist at the Schwab Center...

  • CANADIAN FINANCE MINISTER BILL MORNEAU SAYS 2019/ 2020 BUDGET WILL BE RELEASED ON MARCH 19.

  • *Trump open to extending March 1 deadline for China trade talks. HOUSTON, Feb 20- Crude prices rose more than 1 percent on Wednesday to their highest level this year on hopes that oil markets will balance later this year, helped by output cuts from top producers as well as U.S. sanctions on OPEC members Iran and Venezuela. "We're in a market waiting for the next headline...

  • BOGOTA, Feb 20- Colombia's coffee federation called urgently on Wednesday for the government to make structural changes to help coffee farmers in the face of low international prices. Prices have hovered close to $1 per pound on the New York market so far in 2019, leaving farmers struggling to pay debts and afford fertilizer and new trees.

  • Feb 20- Business jet deliveries worldwide rose 3.8 percent on an annual basis to 703 planes in 2018, lifted by demand from North America and the introduction of new models, the General Aviation Manufacturers Association said on Wednesday. Year over year as we start 2019, I think were in a stronger position than we saw at the beginning of last year, Gulfstream...

  • WASHINGTON, Feb 20- The U.S. Department of Justice may announce as early as next week that Special Counsel Robert Mueller has given the attorney general his report on the federal Russia investigation, CNN said on Wednesday, citing unnamed sources. Attorney General William Barr will review Mueller's findings and submit his own summary to Congress, CNN reported.

  • S&P, DOW BACK IN POSITIVE TERRITORY.

  • SAMSUNG'S 5 G DEVICE HEADS NEW GALAXY FLAGSHIP RANGE COMPRISING S10, S10+ AND SMALLER S10E.

  • SAMSUNG LAUNCHES FIRST 5 G SMARTPHONE- GALAXY S10 5 G, AVAILABLE IN EARLY SUMMER.

  • WASHINGTON, Feb 20- President Donald Trump on Wednesday said the United States would impose tariffs on European car imports if it cannot reach a trade deal with the European Union. Speaking to reporters at a White House meeting with Austrian Chancellor Sebastian Kurz, Trump said the auto tariffs were something his administration was considering.

  • SAN FRANCISCO, Feb 20- Samsung Electronics Co Ltd on Wednesday said it will release a pricey folding smart phone in April, with specially adapted applications from Facebook Inc and Alphabet Inc designed for the new device. The Galaxy Fold will cost $1,980 and go on sale on April 26, Samsung officials said at an event in San Francisco. The device could help Samsung,...

  • WARSAW, Feb 20- Brexit negotiations might be extended if Britain fails to work out a sensible deal for leaving the European Union, European Council President Donald Tusk said on Wednesday. "Together with Prime Minister May we have prepared a very good and secure deal for both sides and it turned out that the British rejected it and offered nothing in exchange," Tusk...

  • Feb 20- ICE cotton futures were mostly unchanged on Wednesday, as investors looked forward to the weekly exports sales report by the U.S. Department of Agriculture and kept a close watch on U.S.- China trade talks for signs of a truce. * "People are in wait-and-see mode, the market is awaiting on the numbers from the export sales report," said Beau Stephenson, senior...