Friday, July 1, 2016

EMERGING MARKETS-Emerging stocks set for biggest weekly rise since March

By Karin Strohecker

LONDON, July 1 (Reuters) - Emerging stocks headed for their

biggest weekly gain since March on Friday, shrugging off Brexit

jitters and focusing on the likelihood of more central bank

stimulus, though concerns over the global economy weighed on

some currencies.

MSCI's emerging equity index rose 0.4 percent as

their fourth straight day of gains more than offset steep losses

suffered in the wake of Britain's June 23 vote to leave the

European Union.

Bourses in Asi

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UPDATE 2-Chevron suspends Gorgon LNG production after gas leak

* Chevron says no injuries after workers evacuated

(Releads with production suspension)

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BRIEF-BP says FID on Tangguh LNG facility approved

* BP press release - BP announces final investment decision to expand Indonesia's Tangguh

lng facility

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UPDATE 2-Philippines to review all mines as environmentalist takes the helm

* New minister to evaluate if Philippines is safe from

mining

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Around 20 banks, unfazed by Brexit, to invest 500 mln stg in Britain-PwC

LONDON, July 1 (Reuters) - Around 20 startup banks and

financial firms have reaffirmed plans to invest a total of up to

500 million pounds ($664.95 million) to open in Britain,

consulting firm PwC said on Friday.

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Rabobank to sell Athlon car leasing business to Daimler

AMSTERDAM, July 1 (Reuters) - Rabobank said on Friday it had

agreed to sell its Athlon car leasing business to Daimler

Financial for 1.1 billion euros ($1.22

billion).

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UPDATE 1-French new car sales up in June, Volkswagen tumbles

PARIS, July 1 (Reuters) - Sales of new cars in France rose

in June, although German carmaker Volkswagen, which

has been caught up in a diesel emissions scandal, saw its sales

fall by 10.9 percent.

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