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  • TOKYO— Asian shares were mixed Wednesday, as some markets were cheered by bullish sentiments on Wall Street despite concerns about an ongoing trade dispute with China. Shares were higher in Thailand and the Philippines. TRADE TENSIONS: Stocks have been buffeted by concerns about mounting trade tensions in recent months between the U.S. and China, set off by...

  • LONDON, Aug 22- Avast, the cyber security firm that listed in May, said it would see a slight improvement in margin for the full year after reporting a 10.6 percent rise in first-half earnings. The company reported adjusted revenue of $403.3 million for the six months to end June, up 4.1 percent excluding currency, and adjusted core earnings of $222.1 million, up 10.6...

  • SHANGHAI, Aug 22- Asian stocks inched higher on Wednesday, with sentiment boosted by Wall Street's rise and a record intraday high for the S&P 500 index, but political headlines in the U.S. and Australia and a retreat in Chinese markets darkened the mood. Investors in the region took some comfort from hopes that the trade talks between the U.S. and China expected...

  • LONDON, Aug 22- Debenhams, the British department store group that has issued three profit warnings this year, said on Wednesday it has recruited a former chief financial officer of Domino's Pizza as its new finance chief. Debenhams said Rachel Osborne, who has also worked for John Lewis and Kingfisher, will join the firm on Sept. 17. Matt Smith, the current CFO,...

  • The two days of meetings are the first formal U.S.- China trade talks since U.S. Commerce Secretary Wilbur Ross met Chinese economic adviser Liu He in Beijing in June. China has said it hopes for quiet, steady talks to get "a good result on the basis of equality, parity and trust."

  • FRANKFURT/ MUNICH, Aug 22- Linde warned that divestments needed to secure approval for its planned tie-up with Praxair have reached a size that would allow either party to abandon the deal, but added it was in constructive talks to salvage the $83 billion merger. The industrial gases suppliers earlier agreed that if antitrust regulators demanded the disposal...

  • FRANKFURT, Aug 22- Linde said divestments needed to secure regulatory approval for its planned tie-up with Praxair have reached a size that would allow either party to abandon the deal, but added it was in constructive talks with its prospective merger partner. The companies previously agreed that if regulators demanded the disposal of businesses with more...

  • *Mongolia has more sheep than New Zealand. DARKHAN, Mongolia, Aug 22- Mongolian butcher Kuntuguan Ajbai chants under his breath as he slits the throat of a sheep with a single stroke of his sharpened knife, making sure the animal's swift death is halal acceptable under the laws of Islam. Kuntuguan's work at a slaughterhouse in the city of Darkhan, about 100 miles from...

  • The social network said Tuesday that it had removed 652 pages, groups, and accounts linked to Russia and, unexpectedly, Iran, for "coordinated inauthentic behavior" that included the sharing of political material. Facebook's action in late July against 32 accounts possibly linked to Russia generally involved U.S. political activity ahead of the midterm...

  • SHANGHAI, Aug 22- China's yuan inched up against the U.S. dollar on Wednesday as the greenback weakened but traders were reluctant to take fresh positions ahead of the start of the latest round of Sino-U.S. trade talks later in the day. Both the U.S. and China are still expected to proceed with another round of tit-for-tat tariffs on Thursday, and even more sweeping...

  • Aug 22- Tesla Inc Chief Executive Elon Musk's contemplated $72 billion take-private deal is presenting investments bankers with a dilemma: heed concerns about how feasible it is or risk missing out on what could be this year's biggest and most high-profile acquisition. Moreover, the standard method of doing so, saddling the company with debt in a so-called...

  • *Almost half of global wheat stocks are in China. Although global stocks are expected to hit an all-time high of 273 million tonnes at the start of the 2018/ 19 grain marketing season, according to U.S. Department of Agriculture estimates, the problem is nearly half of it is in China, which is not likely to release any onto global markets. The USDA estimates that China,...

  • Aug 22- Sears Holdings Corp is facing a familiar foe in its bid to sell off the Kenmore appliances brand: the U.S. government body that oversees the pensions for the company's 100,000 retirees. Sears Chief Executive Eddie Lampert's hedge fund, ESL Investments Inc, submitted bids last week of $400 million and $70 million for Kenmore and the department store's home...

  • Aug 22- Four of Japan's biggest nuclear operators and plant builders have started talks on a potential partnership in atomic energy, as the sector struggles to reboot in the wake of the Fukushima disaster seven years ago, a source said on Wednesday. Tokyo Electric Power Company Holdings Inc, Hitachi Ltd, Toshiba and Chubu Electric Power Co Inc have signed an...

  • TOKYO, Aug 22- Japanese government bond prices dipped on Wednesday as stronger investor risk appetite lifted equity markets, denting demand for safe-haven debt. Japan's Nikkei tracked overnight Wall Street gains and was last up 0.5 percent. Focus was on whether the U.S.- China trade talks that are expected to begin later on Wednesday would further improve...

  • ZAI LAB LIKELY TO SELL 10-20 PCT OF ITS ENLARGED SHARE BASE IN HONG KONG FLOAT- SOURCE.

  • U.S.-LISTED CHINESE BIOTECH ZAI LAB LTD PLANS HONG KONG FLOAT EARLY 2019- SOURCES.

  • HONG KONG, Aug 22- Zai Lab Ltd is planning a Hong Kong float after its Nasdaq debut last year, in what would be the second U.S.-listed Chinese biotech firm to return to the city following an implementation of new listing rules, sources said. Zai Lab is in talks with advisers for a share sale plan in Hong Kong, which is seeking to establish itself as a financing hub for...

  • *American Airlines, Hawaiian Airlines say to stop two routes. DENVER/ SHANGHAI, Aug 21- Two U.S. airlines on Tuesday cut routes between China and the United States, underscoring increasingly tough competition from state-backed Chinese rivals as they aggressively expand their fleets with cut-price tickets. American Airlines, the largest U.S. carrier by...

  • The social network said Tuesday that it had removed 652 pages, groups, and accounts linked to Russia and, unexpectedly, Iran, for "coordinated inauthentic behavior" that included the sharing of political material. Facebook's action in late July against 32 accounts possibly linked to Russia generally involved U.S. political activity ahead of the midterm...