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November 9, 2017 11:55 AM Spain could again revise down 2018 growth forecast due to Catalonia: Rajoy

MADRID - The Spanish government could again revise down the country's 2018 economic growth forecast due to the political crisis in Catalonia, Prime Minister Mariano Rajoy said on Thursday. "It is affecting tourism, it is affecting some entities and it is affecting trade. We have seen some worrying figures. And it could be that next year effectively this will lead to a cut to growth 8

November 9, 2017 6:40 AM Exclusive: Venezuela's PDVSA misses debt payments, used Russian bank to pay ONGC

NEW DELHI - Venezuelan state oil-firm PDVSA has not made debt payments to India's top oil producer ONGC for six months, and has previously used a Russian state-owned bank and another Indian energy company as intermediaries to make payments, two sources familiar with the transactions said on Wednesday. ONGC Videsh, the overseas investment arm of ONGC, confirmed 8

November 8, 2017 8:55 AM U.S. Commerce Secretary says Trump-Xi talks will address trade imbalances

BEIJING - Meetings between U.S. President Donald Trump and Chinese President Xi Jinping in Beijing this week will focus on addressing trade imbalances between the two countries, U.S. Commerce Secretary Wilbur Ross said in Beijing on Wednesday. Ross was speaking at a signing ceremony for commercial deals between the two countries worth about $9 billion 5

November 6, 2017 7:10 PM Fox held talks to sell most of company to Disney: CNBC

Rupert Murdoch-controlled Twenty-First Century Fox has held talks to sell most of the company to Walt Disney Co, CNBC reported on Monday, citing unnamed people familiar with the matter. Fox's shares rose 5.8 percent to $26.40 in afternoon trading in response. Disney's shares were up 1.2 pct at $99.86. A Disney spokesman did not immediately respond to a request 21

November 5, 2017 1:25 AM Factbox: Kobe Steel's affected customers

Kobe Steel Ltd's tampering with specifications has led to a scramble among the 525 customers currently affected to check the safety of their cars, planes, trains and other products. The metals from Kobe Steel whose specifications have been falsified have been used in a dizzying array of products including air conditioners, Blu-ray discs, car doors 22

November 5, 2017 1:25 AM Factbox: Kobe Steel's 10 largest shareholders

- Asset Management One Co Ltd and other Mizuho Financial Group Inc companies 6.54 pct (23.83 mln shares) - Mitsubishi UFJ Trust and Banking Corp and other Mitsubishi UFJ Financial Group Inc companies 6.09 percent (22.2 mln shares) - BlackRock Japan Co Ltd and other BlackRock Inc companies 5.16 pct (18.8 mln shares) - Japan Trustee Services Bank Ltd (Trust 21

November 2, 2017 10:20 PM Exclusive: Trump agrees to pick up 90 percent of Puerto Rico rebuilding costs

WASHINGTON - President Donald Trump on Thursday agreed to expand the use of disaster aid to rebuild Puerto Rico's power grid and other infrastructure wrecked by Hurricane Maria, and said the federal government would pick up 90 percent of the costs, a senior White House official told Reuters. Typically, the federal government pays 75 percent of the costs 4

November 2, 2017 8:50 PM Apple's holiday-quarter sales forecast largely above estimates

Apple Inc's revenue forecast for the holiday shopping-quarter was largely above market expectations, helping allay investor concerns about production delays and supply constraints for the iPhone X, which it will start shipping from Nov. 3. The forecast comes after Apple gauged demand for iPhone X with a pre-order process that kicked off online on Oct. 27. Many analysts 13

November 2, 2017 4:15 PM Spanish prosecutor seeks arrest of ousted Catalan leader

MADRID: Spain's state prosecutor sought a European arrest warrant for former Catalan president Carles Puigdemont, now in Belgium, after he failed to appear at a High Court hearing on Thursday. Other leaders of the independence drive, that has brought thousands onto the streets of Barcelona demonstrating both for and against a break with Madrid, appeared 12

November 2, 2017 12:45 PM The Latest: Central bank warns of cost of Catalan crisis

Spain’s central bank is warning of the economic costs of the Catalan political crisis, which it says could damage the country’s growth. The Bank of Spain assesses the consequences of two possible scenarios. The first is a temporary period of uncertainty in the fourth quarter of 2017, which it predicts could shave 0.3 percentage points off forecast growth 12