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Singapore approves 19 vaccine for use in 12 to 15-year-olds

SINGAPORE, May 18 (Reuters) - Singapore has authorised the use of the Pfizer-BioNTech COVID-19 vaccine for those aged 12 to 15 years old in a bid to extend protection to more groups as the country tackles a recent increase of infections, officials said on Tuesday. "The data showed that the Pfizer-BioNTech COVID-19 vaccine demonstrated high efficacy
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Brazil's CSN Cimentos files for filing

SAO PAULO, May 18 (Reuters) - Brazilian steelmaker Companhia Siderúrgica Nacional CSNA2.SA said its cement unit CSN Cimentos filed on Monday for an initial public offering, according to a securities filing. The move comes roughly three months after CSN concluded the IPO of its mining unit CSN Mineracao CMIN3.SA . Reuters reported earlier in Februa

Futures rise after upbeat results from Walmart, Home Depot

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Futures up: Dow 0.23%, S&P 0.30%, Nasdaq 0.69% By Medha Singh May 18 (Reuters) - U.S. stock index futures climbed on Tuesday after better-than-expected results from Walmart and Home Depot signaled strength in consumer demand against the b
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General Atlantic-backed drugstore Pague Menos buys rival Extrafarma - sources

By Carolina Mandl SAO PAULO, May 18 (Reuters) - Brazilian drugstore chain Pague Menos PGMN3.SA acquired late on Monday rival Extrafarma from industrial holding Ultrapar UGPA3.SA for 600 million reais ($113.8 million), two sources familiar with the matter said. The deal makes Pague Menos Brazil's second biggest drugstore retailer, only behind Raia D

Canada - May 18

May 18 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Canadian television networks face rising costs for U.S. programming and potential loss of popular shows in the wake of WarnerMedia's merger with Discovery Inc DIS
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Nigeria naira firms on official market after recent weakening

ABUJA, May 18 (Reuters) - Nigeria's naira currency NGN=D1 firmed to 407 per dollar on the official market on Tuesday after opening at 410.50 naira, Refinitiv Eikon data showed. The naira has weakened recently on the official market, closing at 411.67 against the dollar on Monday. Reporting by Chijioke Ohuocha; Editing by Catherine Evans

Singapore approves 19 vaccine for use in 12 to 15-year-olds

SINGAPORE, May 18 (Reuters) - Singapore has authorised the use of the Pfizer-BioNTech COVID-19 vaccine for those aged 12 to 15 years old in a bid to extend protection to more groups as the country tackles a recent increase of infections, officials said on Tuesday. "The data showed that the Pfizer-BioNTech COVID-19 vaccine demonstrated high efficacy
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Ugandan shilling flat; commodity flows, tepid demand offer support

KAMPALA, May 18 (Reuters) - The Ugandan shilling UGX= was unchanged on Tuesday, drawing support from some commodity flows and a tepid appetite for hard currency. At 0928 GMT commercial banks quoted the shilling at 3,530/3,540, same level as Monday's close. UGX Spot Rate..... UGX= Ugandan Shilling Money Guide.... UGX/1 Calculated Cross Rates........

Yields down in weekly South African government bond auction

JOHANNESBURG, May 18 (Reuters) - South Africa's government sold a total of 3.9 billion rand ($278.44 million) of its 2031 ZAR213= , 2037 ZAR2037= and 2044 ZAR2044= bonds on Tuesday. Yields fell compared with the previous auctions. R213 BOND: Feb 28, 2031 - 7% coupon Auction date 18/05/21 04/05/21 Best bid % 9.375 9.430 Worst bid % 9.975 10.070 Clea

Russia picks banks for global Eurobond issue

By Elena Fabrichnaya and Andrey Ostroukh MOSCOW, May 18 (Reuters) - Russia has picked three large state-owned banks to organise a sovereign Eurobond issue in 2021, the finance ministry said on Tuesday, indicating Moscow's intention to proceed with global borrowing despite the latest U.S. sanctions. Gazprombank, Sberbank CIB and VTB Capital were pic

EU completes bulk of SURE funding with 14 bln euro bond sale

* Euro zone periphery govt bond yields Link By Yoruk Bahceli May 18 (Reuters) - The European Union launched bonds on Tuesday that will complete the bulk of funding for its SURE unemployment scheme against a tough market backdrop which saw government bond yields hit multi-month highs a day earlier. The EU will raise 14.137 billion euros from new eig

Gold hits near 4-month peak on weak dollar, inflation worries

* SPDR Gold Trust holdings at 1-1/2-month high * Gold gains for a fourth straight session * Dollar slips to near three-month low * Silver hits highest level since February By Arundhati Sarkar May 18 (Reuters) - Gold prices firmed on Tuesday after hitting their highest in nearly four months, helped by a weaker U.S. dollar and as investors used the n
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Germany’s top court rejects complaint against ECB's bond buying scheme

* Court says flagship PSPP scheme is appropriate * Ruling backstops post-COVID euro zone stimulus programme * Second German complaint pending over pandemic-linked QE BERLIN, May 18 (Reuters) - Germany's constitutional court on Tuesday rejected a complaint against the European Central Bank's flagship bond-buying scheme, in a ruling that primes the e

Forint extends gains on expectations of interest rate hike

By Anita Komuves BUDAPEST, May 18 (Reuters) - The Hungarian forint rose on Tuesday, strengthened by GDP data from Hungary and Romania that surprised to the upside, and extending gains from the previous session when the central bank flagged a possible rate hike in June. "The forint is firming, but it turned around from 350 this morning, because that
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Philippines lowers 2021, 2022 growth targets after disappointing Q1 GDP

MANILA, May 18 (Reuters) - The Philippines has lowered its economic growth targets for this year and next after a deeper-than-expected contraction in gross domestic product (GDP) in the first quarter, its budget minister said on Tuesday. This year's GDP is expected to expand by 6.0%-7.0%, weaker than its previous target of 6.5% to 7.5%, but up from

Euro zone recession confirmed at start of 2021

BRUSSELS, May 18 (Reuters) - The euro zone economy declined by 0.6% in the first quarter of 2021, data showed on Tuesday to confirm a technical recession, as gross domestic product contracted in all larger countries except France. The European Union's statistics office Eurostat said GDP in the 19 countries sharing the euro fell 0.6% quarter-on-quar

Nomura completes unwinding of positions related to U.S. client

TOKYO, May 18 (Reuters) - Nomura Holdings Inc 8604.T said on Tuesday it has completed unwinding of positions related to an unnamed U.S. client, widely understood to be the collapsed investment fund Archegos Capital Management. Japan's top brokerage and investment bank also said it will book a loss of about $600 million in the April-June quarter fro

Greece banks on tourists for bad loan relief

* Greece's key tourist industry ravaged by pandemic in 2020 * Greece opened its doors to tourists this month * Businesses hope an influx of tourists can keep them afloat By Karolina Tagaris RHODES, Greece, May 18 (Reuters) - Rhodes ferry operator Paris Kakas cannot afford another summer lost to the pandemic if he is ever to repay the millions of eu
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Indian rupee at 1-1/2-month highs on share gains, weak dollar

MUMBAI, May 18 (Reuters) - The Indian rupee rose for a third straight session on Tuesday, strengthening above the psychological 73 per dollar level for the first time since end-March, tracking sharp gains in the local share market and a broadly weaker U.S. dollar. The partially convertible rupee INR=IN was trading at 72.98/99 per dollar, as of 0845

Shares rise, dollar eases on U.S. rate outlook

* * World shares up 0.5% after gains in Asia, Europe * Dollar dips on expectations of low U.S. rates * Gold at 3-1/2-month high, copper up, zinc shines * Global asset performance Link * World FX rates Link By Danilo Masoni and Paulina Duran MILAN, May 18 (Reuters) - World stocks pushed higher on Tuesday and the dollar dipped to near three-month low
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Lebanese president seeks to avert crisis with Gulf over minister's comments

(Recasts with presidency statement) BEIRUT, May 18 (Reuters) - Lebanon's president said on Tuesday the foreign minister's critical comments about Gulf states did not reflect official policy, seeking to avoid a further strain on ties with countries that have been Lebanon's allies and donors. Mired in its worst economic crisis since a 1975-1990 civil



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