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  • LONDON, Sept 21- World shares hit their highest levels in more than six months on Friday as investors took the view that the latest exchange of tariffs between the United States and China may be less damaging than initially feared. European stocks strongly extended a relief rally that began on Wall Street overnight and ran through Asian markets, with the...

  • Sept 21- A European Medicines Agency panel on Friday recommended the approval of U.S. pharmaceutical group Eli Lilly's migraine treatment, bringing the drug one step closer to being sold in the European Union. Israel- based Teva received the U.S. Food and Drug Administration's approval for its new migraine drug, Ajovy, last week. The FDA is expected to decide on...

  • *UK media says May was humiliated by EU leaders. *UK says EU must budge on Irish border. LONDON, Sept 21- Prime Minister Theresa May's Brexit proposals were declared dead by the British media on Friday after what they cast as a humiliation at the hands of European Union leaders during a summit in Austria.

  • *British crime agency investigating UK- registered firms. LONDON/ COPENHAGEN, Sept 21- Danske Bank's money laundering scandal spread on Friday as Britain's National Crime Agency said it is investigating the use of UK- registered companies. By 2013, the number of UK- registered customers in the branch's non-resident portfolio had topped 1,000, Danske Bank's...

  • EUROPEAN COURT OF JUSTICE SHOULD HEAR CASE ON WHETHER BRITAIN ALONE CAN CHANGE ITS MIND AND REVERSE BREXIT-SCOTTISH COURT.

  • WASHINGTON, Sept 21- Unemployment near a 20- year low screams at the U.S. Which path they follow will begin to define whether Chairman Jerome Powell engineers a sustained, recession-free era of full employment, or spoils the party with interest rate increases that prove too much for the economy to swallow. New York Fed President John Williams deemed the current...

  • BEIJING, Sept 21- At least two cargoes of U.S. soybeans are heading for China as some buyers are willing to risk taking up historically cheap U.S. beans even amid worries that Beijing may take further steps to deter imports amid mounting trade tensions with Washington. Grain traffic from the United States to China has nearly ground to a halt since Beijing hit $50...

  • DUBROVNIK, Croatia— Marc van Bloemen has lived in the old town of Dubrovnik, a Croatian citadel widely praised as the jewel of the Adriatic, for decades, since he was a child. He says it used to be a privilege. "It's beyond belief, it's like living in the middle of Disneyland," says van Bloemen from his house overlooking the bustling Old Harbor in the shadows of the stone...

  • *FTSE change may keep lid on Polish shares-analyst. BUDAPEST, Sept 21- Central European currencies rose on Friday against the euro in tandem with persistent dollar weakness, extending several days of gains and hitting new multi-month highs versus the dollar. Central European stocks failed to track gains in Asian and Western European markets due to various...

  • *Currency options build up at $1.27 and $1.34 against sterling. LONDON, Sept 21- As negotiations become fraught before Britain's exit from the European Union in March, tensions of a different kind are surfacing on the currency markets-- derivatives activity is rising sharply as investors bet on a weaker sterling. Hopes of progress on a Brexit deal between London...

  • *Shanghai bourse debuts new copper options. *Part of China's push to develop derivatives trading. BEIJING, Sept 21- China's top state copper companies threw their weight behind Shanghai's first copper options on Friday, with early turnover trouncing its New York rival and raising a big challenge to the 141- year-old London bourse in the $270 billion global...

  • RATING AGENCY FITCH CUT WORLD GROWTH FORECAST ON US- CHINA TRADE BATTLE.

  • *OPEC and its allies to gather on Sunday in Algeria. LONDON, Sept 21- Oil prices rose on Friday ahead of a meeting of OPEC and other large crude exporters that will focus on production increases as U.S. sanctions restrict Iranian exports. OPEC and its allies are scheduled to gather in Algeria on Sunday to discuss how to allocate higher supply to offset the shortage of...

  • *Biggest jump for China bluechip stocks in over 2 years. Other possibilities included upcoming public holidays and an announcement by China's central bank that it will start issuing its bills in the former British colony which stoked speculation about a reduction in offshore yuan supplies. The big picture though was of broad-based healing as a weakening of...

  • *OPEC and its allies to gather on Sunday in Algeria. LONDON, Sept 21- Oil prices rose on Friday ahead of a meeting of OPEC and other large crude exporters that will focus on production increases as U.S. sanctions restrict Iranian exports. OPEC and its allies are scheduled to gather in Algeria on Sunday to discuss how to allocate higher supply to offset the shortage of...

  • JOHANNESBURG, Sept 21- South Africa's National Union of Mineworkers signed a three-year wage deal with AngloGold Ashanti on Friday, inking the same agreement that other unions reached with the company earlier in the week. The agreement will mean an effective pay hike of over 12 percent for entry-level underground workers in the first year, over double the...

  • *Japan, U.S. trade talks to be held Sept. 24. President Donald Trump next week as fears grow in Tokyo that Washington could demand that Japan curb its car exports to the United States. Japan is hoping to avert any import curbs and potentially steeper U.S. import tariffs on its cars, and fend off U.S. demands for a bilateral free trade agreement.

  • TOKYO, Sept 21- Japan's annual core consumer inflation ticked up slightly in August but remained distant from the central bank's 2 percent target, suggesting that monetary policy will stay ultra-loose for the time being. Soft inflation poses a challenge for Prime Minister Shinzo Abe's efforts to put a sustained end to deflation as he heads into a third term,...

  • *China demands sanctions be withdrawn. *Move connected to sanctions on Russia for election interference. WASHINGTON, Sept 20- The Trump administration imposed sanctions on the Chinese military on Thursday for buying fighter jets and missile systems from Russia, in breach of a sweeping U.S. sanctions law punishing Moscow for meddling in the 2016 U.S. election.

  • RBS said it is working to fix problems with its online and mobile banking services on Friday, following similar outages on Thursday that hit Barclays, the Co-operative Bank and fintech firm Cashplus. RBS and Barclays are set to face calls from lawmakers on Britain's Treasury Select Committee to explain what caused the problems, a source familiar with the...