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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 8, 2017 3:55 AM Exclusive: Japan's MUFG gets nod to bring U.S. state branches under federal regulation

NEW YORK - Japan's Mitsubishi UFJ Financial Group Inc (MUFG) has received approval from the U.S. Office of the Comptroller of the Currency (OCC) to convert state-supervised branches into federally regulated ones, a U.S. spokesman for the bank confirmed late on Tuesday. As a result, MUFG's Bank of Tokyo-Mitsubishi UFJ Ltd branches in New York, Illinois 7

November 7, 2017 7:55 AM Lebanon's Hariri leaves Saudi Arabia for UAE trip

BEIRUT - Lebanon's Prime Minister Saad al-Hariri, who sparked a political crisis on Saturday by declaring his surprise resignation in Riyadh, has traveled to the UAE, Saudi-owned media said on Tuesday. His resignation has thrust Lebanon back onto the front line of the Middle East's most biting rivalry, pitting a mostly Sunni bloc led by Saudi Arabia 21

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 4:25 PM Long Lines Are Back at Apple Stores for 10th Anniversary IPhone

Long lines have already begun to form outside Apple Inc. stores around the world, a sign of strong demand for the company’s 10th anniversary model iPhone X, its most important product launch in years. Beginning Thursday night locally, giant crowds and long lines surrounded Apple’s retail stores in Singapore, Japan, and Australia, recalling the throngs 25

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 1:41 PM New York truck attack: Donald Trump wants the death penalty for Sayfullo Saipov

THE wife of the Uzbeki national accused of murdering eight people in Manhattan denied any knowledge of her husband’s planned rampage. The Washington Post reports that a person who spoke to Sayfullo Saipov’s 24-year-old wife, Nozima Odilova, on Tuesday evening said she seemed “shocked” and had no idea of what her husband was planning. At the time, the feds were at her Paterson 5

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