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Norway striking oil union and employers talking to mediator

13h43 A state-appointed mediator is talking to rig owners and a Norwegian union to try to resolve a strike by almost 1,600 oil workers but he warned that it was too early to say if. . .  Full story

Copper hits one-year low as fund selling accelerates

13h41 Copper prices plunged to one-year lows on Thursday as fund selling accelerated due to worries about demand from the trade tussle between the United States and top consumer China.. . .  Full story

Shares in Russia's Severstal rise as jump in earnings beat forecast

13h36 Severstal, one of Russia's top steelmakers, reported a 39 percent jump in second-quarter core earnings due to higher steel prices, beating analysts' forecasts and sparking a jump in the share price.. . .  Full story

Domino's same-store sales at owned U.S. outlets miss estimates

13h35 Domino's Pizza Inc reported a lower-than-expected increase in same-store sales at company owned U.S. stores on Thursday, sending its shares down 6 percent in premarket trade.. . .  Full story

Veon cuts management in return to traditional telecoms model

13h33 Veon, the mobile phone operator formerly known as VimpelCom, said it would cut management jobs and simplify its structure as part of a retreat to a more traditional telecoms business model.. . .  Full story

China boosts liquidity, set for more policy easing as trade war threatens economy

13h26 Chinese policymakers are pumping more liquidity into the financial system and channelling credit to small and medium-sized firms, and Beijing looks set to further loosen monetary conditions to mitigate threats to growth from a heated. . .  Full story

Sri Lankan shares close at 3-week high; Keells leads

13h24 Sri Lankan shares rose on Thursday and marked their highest close in nearly three weeks, led by market heavyweight John Keells Holdings, as foreign buying boosted sentiment.. . .  Full story

Sri Lankan rupee ends steady in dull trade

13h22 The Sri Lankan rupee closed steady on Thursday in mild trading as dollar demand from importers were offset by greenback selling by exporters, traders said.. . .  Full story

Insurer Travelers misses profit estimates on storm losses

13h21 Insurer Travelers Cos Inc reported a lower-than-expected quarterly profit on Thursday, hit by catastrophe losses stemming from wind and hail storms in several regions of the United States.. . .  Full story

UK watchdog and EU tell banks to prepare for hard Brexit

13h19 Britain's banks and insurers must plan for a "hard" Brexit in case a transition period is not in place next March, a senior British regulator said on Thursday in a warning echoed by Brussels.. . .  Full story

Soybeans ease after 3-day rally as dollar strengthens

13h12 Chicago soybean futures eased slightly on Thursday amid a strengthening dollar as the market stepped back from the previous session's near one-week top, though demand for U.S. beans kept a floor under the market.. . .  Full story

-Roche takes Tecentriq hit on survival data

13h09 Roche's hopes of clinching more of the lung cancer treatment market with its Tecentriq immunotherapy had a major setback on Thursday, when a trial failed to deliver survival data the Swiss drugmaker needs to challenge. . .  Full story

BNY Mellon profit beats on higher fee revenue, lower taxes

13h07 Bank of New York Mellon Corp, the world's largest custodian bank, reported a better-than-expected quarterly profit on Thursday, helped by higher fee revenue and lower income tax provision.. . .  Full story

Steinhoff says around 90 pct of creditors support debt lock-up

13h04 Steinhoff said on Thursday that around 90 percent of creditors for several subsidiaries supported an agreement to hold off debt claims for three years, an important step in restructuring the scandal-hit South African retailer.. . .  Full story

EXCLUSIVE-General Electric's power unit faces threat in Saudi Arabia

13h00 One of General Electric Co's largest and most valuable customers, Saudi Arabia, is lining up competitors to bid against GE for lucrative power plant work, according to five people familiar with the situation.. . .  Full story

FOCUS-After crisis, Colombia's Ecopetrol spends big to boost output, reserves

13h00 Splattered with mud, a dozen workers wrestled a drill bit into position on a rain-soaked oil rig platform in central Colombia, readying it for work once the storm passed.. . .  Full story

WTO arbitrators to consider U.S. request for sanctions in Airbus case

12h57 World Trade Organization (WTO) arbitrators will evaluate a U.S. request to impose billions of dollars worth of sanctions on European products after a final WTO ruling that found the European Union had made illegal subsidies. . .  Full story

Asia Coffee-Trade picks up in Indonesia; Vietnam's coffee unharmed from tropical storm

12h57 Healthy demand supported coffee markets in Indonesia, while a tropical storm sweeping through Vietnam caused no harm to coffee plants, traders said on Thursday.. . .  Full story

Oil prices fall on record U.S. output, stock build

12h53 Oil prices fell on Thursday after official data showed an unexpected rise in U.S. crude stockpiles, U.S. output hit a record high and major oil exporters increased production.. . .  Full story

Sports Direct profit dragged down by Debenhams

12h52 British retailer Sports Direct booked an 85.4 million pound ($111.3 million) charge for a disastrous investment in department store chain Debenhams , raising questions over its strategy of taking big stakes in other businesses.. . .  Full story

Boeing, Airbus deals top $160 billion at Farnborough Airshow

12h51 Britain's biennial Farnborough Airshow sees Airbus, Boeing and a host of other civil and military producers set out their wares this week.. . .  Full story

Trump thanks Novartis, Pfizer for not raising drug prices

12h50 U.S. President Donald Trump thanked two major drug companies on Thursday for not raising their prices and said his administration was working toward substantially cutting prescription-drug prices.. . .  Full story

Audi CEO Stadler presses for release from German custody

12h42 Audi's suspended Chief Executive Rupert Stadler has appealed to a court to be released from custody after spending the past month in jail, the Munich prosecutor's office said on Thursday.. . .  Full story

Moneysupermarket reassures with decent Q2, boosting shares

12h42 British price comparison website Moneysupermarket.Com reported a better-than-expected 6 percent growth in second-quarter revenue on Thursday, driven by its division selling energy services.. . .  Full story

Saudi Aramco in talks to buy stake in world's no. 4 chemical firm

12h36 Saudi Aramco <IPO-ARAM.SE> said on Thursday it is looking to buy a strategic stake in Saudi petrochemical maker SABIC, a move that could boost the state oil giant's market valuation ahead of a planned. . .  Full story

Jeweller Pandora cuts China prices to fight grey market, shares drop

12h33 Shares in Pandora fell as much as 7 percent on Thursday after the Danish jeweller said it would lower retail prices in China by an average 15 percent to combat a rise in grey. . .  Full story

Asia Rice-India rates slip on weak demand, rupee; Vietnam grapples with ample supply

12h31 Rice export prices in India slid to a 15-month low this week as the rupee remained weak and demand was sluggish as buyers held off purchases on hopes of deeper price declines, while Vietnam. . .  Full story


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Truckmaker Volvo's profit tops forecast despite supply chain bottlenecks

12h25 Swedish truckmaker AB Volvo beat second-quarter profit estimates on Thursday, managing to lift margins despite bottlenecks in the supply chain as demand for trucks remained strong.. . .  Full story

SE Asia Stocks-Mostly up; Malaysia gains for 9th session

12h17 Singapore marked its highest close in over three weeks on Thursday and Malaysia extended gains into a ninth session as positive earnings from Wall Street and the Federal Reserve chairman's view on the U.S.. . .  Full story

Farnborough Airshow

12h11 Britain's biennial Farnborough Airshow sees Airbus, Boeing and a host of other civil and military producers set out their wares this week. Following are top stories from Reuters: TOP STORIES > Airbus. . .  Full story

Gold slips to 1-year low as U.S. dollar firms

12h06 Gold prices sank to a fresh one-year low on Thursday as the dollar powered higher following comments from U.S. Federal Reserve chairman Jerome Powell which reaffirmed expectations for more interest rate rises in the world's. . .  Full story


12h00 North Korean leader Kim Jong Un’s strident rebukes of officials during recent trips to industrial sites were aimed at rallying support at home for his economic drive and convincing outsiders about his willingness to. . .  Full story

Irish Q1 GDP -0.6 pct q/q, 9.1 pct higher y/y

12h00 Ireland's gross domestic product shrank by 0.6 percent quarter-on-quarter in the first three months of the year but was 9.1 percent higher than a year ago, the Central Statistics Office said on Thursday.. . .  Full story

Switzerland seeks to regain cryptocurrency crown

12h00 Swiss regulators are stepping up efforts to halt an exodus of cryptocurrency projects from the country, after two of only a handful of banks active in the nascent sector shut their doors on it. . .  Full story

Barclays appoints Campili as vice chairman for healthcare banking

11h43 Britain's Barclays on Thursday appointed Darren Campili as vice chairman of healthcare banking, effective from towards the end of the summer.. . .  Full story