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  • Trump, in an interview aired on Monday on Fox Business Network, also said he wanted tax reform to be approved by Congress before the end of the year. The Wall Street Journal and the New York Times reported on Friday that Republicans were considering imposing a $2,400 cap on pre-tax contributions to 401 plans in order to generate more revenue.

  • NEW YORK— The latest on developments in financial markets:. Electronic storage company Seagate Technology soared 15.7 percent after its first-quarter results were better than analysts expected. Communications software maker BroadSoft added 1.6 percent after Cisco Systems agreed to buy it for $55 a share, or $1.9 billion.

  • TORONTO, Oct 23- Canada's main stock index made slight gains in early trade on Monday, with its biggest banks and heavyweight energy sector providing support while Eldorado Gold Corp fell sharply after lowering production guidance for a gold mine in Turkey. The Toronto Stock Exchange's S&P/TSX composite index was up 37.35 points, or 0.24 percent, at 15,894.57...

  • JOHANNESBURG, Oct 23- South African transport utility Transnet is investigating its suppliers for kickback payments to third parties, the company's chief executive Siyabonga Gama told reporters on Monday. Europe's top technology company, SAP put four senior managers in South Africa on leave in July and begun a probe, with results expected this week, into...

  • Oct 23- The three major Wall Street indexes opened at record highs on Monday as investors cheered the continuation of Abenomics following the Japanese ruling party's emphatic win in the weekend polls. The Dow Jones Industrial Average rose 3.09 points, or 0.01 percent, to 23,331.72. The S&P 500 gained 1.97 points, or 0.076499 percent, to 2,577.18.

  • GLENS FALLS, N.Y. _ Arrow Financial Corp. on Monday reported third-quarter earnings of $7.4 million. The bank, based in Glens Falls, New York, said it had earnings of 53 cents per share. Arrow Financial shares have decreased 11 percent since the beginning of the year.

  • BOSTON, Oct 23- Proxy advisory firm Glass Lewis recommended on Monday that Automatic Data Processing Inc shareholders vote for all three dissident directors proposed by activist investor Bill Ackman. Glass Lewis, which advises large institutional investors, is the first advisory firm to issue its findings before the Nov. 7 vote, where shareholders will...

  • LONDON, Oct 23- Global crude steel output hit its lowest since February last month, with mills in top producer China cutting production as Beijing intensified its campaign for clearer skies, data from the World Steel Association showed on Monday. Output drops of 30 million tonnes or more are expected in China this winter as Beijing intensifies its war on smog.

  • NEW YORK— Moscow- based Kaspersky Lab will open up its anti-virus software for review by outside parties. The move comes a month after the U.S. government barred agencies from using the company's anti-virus products, citing security concerns. Kapersky Lab said Monday it will provide the source code of its software— including software updates and...

  • *Canadian dollar at C $1.2637, or 79.13 U.S. cents. TORONTO, Oct 23- The Canadian dollar was slightly weaker against its U.S. counterpart on Monday after a big fall to end last week, as investors wait for a rate decision from the Bank of Canada. trading at C $1.2637 to the greenback, or 79.13 U.S. cents, down 0.1 percent and at its weakest level since late August.

  • *Abenomics on course, Japan Inc under pressure to hike wages. TOKYO, Oct 23- Japan's prime minister has vowed to make education and childcare a priority over balancing the budget after winning a new mandate from voters on Sunday, as a rapidly-ageing population threatens to undermine his efforts to reflate the economy. Abe's election victory lifted world stocks...

  • PARIS, Oct 23- A French judicial inquiry into Fiat Chrysler over suspected emissions-test cheating centres on whether the carmaker misled buyers of Fiat, Alfa Romeo, Jeep and Lancia cars about emissions levels, according to a letter seen by Reuters. The letter, dated Oct. 17 and sent by the magistrate leading the investigation to people involved in the probe, also...

  • FRANKFURT, Oct 23- Industrial gases group Linde has cut the approval threshold and extended a deadline for accepting its $80 billion tie-up with Praxair, while pushing on with plans to get a green light from regulators. The planned merger between Linde and U.S. group Praxair, agreed in June, will create a global leader in industrial gases to overtake France's Air...

  • HAMBURG/ BERLIN, Oct 23- European Union antitrust officials widened an investigation of alleged collusion between Germany's top carmakers on Monday, with both Daimler and Volkswagen becoming the latest targets of the inspections. It said on Monday that European Commission officials had started a search of its premises. "The inspections are related to...

  • BEIRUT— A top Lebanese banker says new U.S. sanctions against the militant Hezbollah group expected to be released in the near future are not likely to affect the country's banking sector. The U.S. House of Representatives is expected to vote soon on new sanctions against Hezbollah. Joseph Torbey, head of Association of Banks in Lebanon, told reporters Monday...

  • MOSCOW, Oct 23- The Russian central bank is expected to lower its key interest rate to 8.25 percent on Friday, in what would be the fifth rate cut so far this year, a Reuters poll showed on Monday. Last week, the central bank's monetary policy chief Igor Dmitriev said current market expectations on the key rate matched the central bank's view, adding that an on-hold...

  • DUBAI, Oct 23- S&P Global Ratings has opened a branch in Riyadh after receiving its final licence from Saudi Arabias Capital Market Authority, it said on Monday, the latest sign of Saudi Arabias efforts to develop its local corporate debt markets. Only 15 percent of listed companies in Saudi Arabia have a credit rating so there is a significant opportunity for S&P...

  • REUTERS POLL- 16 OF 20 ANALYSTS SEE RUSSIA CENTRAL BANK CUTTING KEY RATE BY 25 BPS TO 8.25 PCT AT FRIDAY'S MEETING.

  • Oct 23- Wall Street was set to open slightly higher on Monday as investors cheered the continuation of Abenomics following the Japanese ruling party's emphatic win in the weekend polls. "Investors are being cheered on by the global markets after the Japanese election," said Peter Cardillo, Chief Market Economist at First Standard Financial in New York.

  • REUTERS POLL- 4 OF 20 ANALYSTS SEE RUSSIA CENTRAL BANK CUTTING KEY RATE BY 50 BPS TO 8.00 PCT AT FRIDAY'S MEETING.