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Wires

  • Nov 24- Food retailer Sobeys Inc, owned by Empire Company Ltd, is cutting more than 800 jobs across Canada, according to reports in the Canadian media. About 150 jobs will be lost in the eastern Canadian province of Nova Scotia, the company told CBC News. The move comes as part of a change in the company's operating model according to which the Sobeys' collection of five...

  • SAN FRANCISCO/ NEW YORK, Nov 24- Uber Technologies Inc plans to move ahead with a deal to bring in Japanese technology company SoftBank Group Corp as a major investor by disclosing the pricing early next week in formal tender offers to the ride-hailing service's investors, two people familiar with the plans said on Friday. SoftBank and Dragoneer Investment...

  • -Lipper@ NEW YORK, Nov 24- Investors poured $9.4 billion into U.S.-based stock exchange-traded funds in the week ended Wednesday, the group's eighth consecutive week of inflows, against a backdrop of record closing highs on major markets, Lipper data showed on Friday. "Increasingly advisors and retail investors are choosing lower-cost ETFs over active equity...

  • Top Economic Events Polling Unit Diary Today in Washington Political and General News. 27- Nov United States Sale of 2- year notes 27- Nov United States Sale of 5- year notes 27- Nov Italy Zero-coupon/BTPi auction 27- Nov Norway Auction of Treasury bills 28- Nov United States Sale of 7- year notes 28- Nov Italy Bills auction 28- Nov Japan Auction of 40- year...

  • **FRANKFURT- ECB Vice President Vitor Constancio participates in a panel discussion about a book presentation organised by CEPR and IMFS at Goethe University in Frankfurt, Germany- 1115 GMT. **BIRMINGHAM- Bank of England chief economist Andy Haldane gives a speech on the bank's education and communication strategy, at a school in Birmingham during a regional...

  • **FRANKFURT- ECB Vice President Vitor Constancio participates in a panel discussion about a book presentation organized by CEPR and IMFS at Goethe University in Frankfurt, Germany- 1115 GMT. **BIRMINGHAM- Bank of England chief economist Andy Haldane gives a speech on the bank's education and communication strategy, at a school in Birmingham during a regional...

  • TORONTO, Nov 24- Canadian miner Crystallex International Corp and Venezuela's government have agreed to settle a dispute over the country's seizure of the Las Cristinas gold mine, Bloomberg News reported late on Friday. The settlement may be worth more than $1 billion, which would make it the largest one agreed to by Venezuela, Bloomberg reported, citing...

  • CHICAGO/ NEW YORK, Nov 24- U.S. stores offered deep discounts, entertainment and free gifts to lure bargain hunters on Black Friday, the traditional start of the holiday retail season, but some shoppers said they were just browsing the merchandise, reserving their cash for internet purchases. Still, a sharp rise in online sales brightened the overall outlook for...

  • NEW YORK, Nov 24- Investors poured $9.4 billion into U.S.-based stock ETFs in the week ended Wednesday, the group's eighth consecutive week of inflows, against the backdrop of record closing highs on major markets, Lipper data showed on Friday. U.S.-based investment-grade corporate bond funds attracted $2.6 billion of inflows in the latest week, their 10th...

  • *Negative rate policy hurting banks- BOJ Suzuki. *Monetary policy less effective if banks' health in bad shape. TOKYO, Nov 25- Bank of Japan board member Hitoshi Suzuki said there is room to debate a fine-tuning of the central bank's yield curve control policy, the Mainichi paper reported, signaling the chance it may raise interest rates before inflation hits its...

  • SAO PAULO, Nov 24- Colombia's central bank lowered its main interest rate in a surprise move on Friday, while Mexico's peso strengthened after the nation's central bank chief said it was undervalued on a day of otherwise quiet activity in Latin American markets. Colombia's peso closed down slightly, as did the country's IGBC main stock index.

  • *Negative rate policy hurting banks- BOJ Suzuki. *Monetary policy less effective if banks' health in bad shape. TOKYO, Nov 25- Bank of Japan board member Hitoshi Suzuki said there is room to debate a fine-tuning of the central bank's yield curve control policy when inflation approaches its 2 percent target, the Mainichi newspaper reported on Saturday.

  • LONDON, Nov 24- Confectionery maker Mondelez, Lidl, Mars and other consumer goods producers have pulled advertising from YouTube after Britain's Times newspaper found the video-sharing site was showing clips of scantily clad children alongside the ads of major brands. Comments from hundreds of paedophiles were posted alongside the videos, which appeared...

  • TOKYO, Nov 25- Bank of Japan board member Hitoshi Suzuki said there is room to debate a fine-tuning of the central bank's yield curve control policy when inflation approaches its 2 percent target, the Mainichi newspaper reported on Saturday. "It's inappropriate for interest rates to show no changes until the 2 percent inflation target is hit, and then jump...

  • NEW YORK— Richard Cordray, the first director of the Consumer Financial Protection Bureau, tendered his resignation Friday and simultaneously named his own successor, setting up the consumer agency for another battle with the Trump White House over control of the powerful federal watchdog. By naming English as deputy director, Cordray, an Obama appointee,...

  • SAO PAULO/ LISBON, Nov 24- The chief executive of Oi SA has resigned, its largest shareholder said on Friday, as the Brazilian telecommunications firm enters a crucial phase in Latin America's biggest-ever bankruptcy proceedings. A spokeswoman for Portugal's Pharol SGPS SA, which owns about 27.5 percent of Oi's voting shares and is part of a controlling...

  • TORONTO, Nov 24- Canada's main stock index pushed higher on Friday, led by modest gains for its heavyweight financial and energy sectors in a broad rally that helped it notch a 0.7 percent gain on the week. *The Toronto Stock Exchange's S&P/TSX composite index ended the session up 33.79 points, or 0.21 percent, at 16,108.09. *Discount retailer Dollarama Inc rose 1.2...

  • Macy's Inc., up 44 cents to $21.07. Teva Pharmaceutical Industries Ltd., up 22 cents to $13.70. SandRidge Energy Inc. up $1.40 to $18.90.

  • BERLIN, Nov 24- Germany's Social Democrats agreed on Friday, under intense pressure, to hold talks with Chancellor Angela Merkel on renewing their outgoing coalition government, but pledged that party members would have the final say on any deal. SPD leader Martin Schulz told a news conference the party leadership had reached the decision out of a sense of...

  • SYRIAN OPPOSITION CHIEF NEGOTIATOR SAYS RUSSIA'S SOCHI CONGRESS DOES NOT SERVE POLITICAL PROCESS, FOCUS SHOULD BE ON UN-BACKED GENEVA PEACE TRACK.