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SINGAPORE/LONDON (Reuters) – Iran’s oil exports have fallen sharply since U.S. President Donald Trump said at mid-year he would reimpose sanctions on Tehran, but with waivers in hand the Islamic Republic’s major buyers are already planning to scale up orders again antique cufflink styles uk sale. The original aim of the sanctions was to cut Iran’s oil exports as much as possible, to quash its nuclear and ballistic missile programs, and curb its support for militant proxies, particularly in Syria, Yemen and Lebanon..

But the exemptions granted to Iran’s biggest oil clients – China, India, South Korea, Japan, Italy, Greece, Taiwan and Turkey – allow them to import at least some oil for another 180 days and could mean exports start to rise after November. This group of eight buyers imported over 80 percent of Iran’s roughly 2.6 million barrels per day (bpd) of oil exports last year, Refiniv Eikon data shows. GRAPHIC: Iranian oil imports of 8 countries given waivers – tmsnrt.rs/2D30JeW antique cufflink styles uk sale. “The decision by the U.S. (to grant waivers) represents a departure, for now, from the stated aim of reducing Iran’s oil exports to zero,” said Pat Thaker, regional director for the Middle East and Africa at the Economist Intelligence Unit..

Iran’s crude exports have fallen significantly from at least 2.5 million bpd in April, before Trump in May withdrew the United States from a 2015 nuclear deal with Iran and reimposed sanctions, although estimates vary. As a result of pre-sanctions pressure by Washington, Iran’s oil exports in November may not exceed 1 million to 1.5 million bpd, according to industry estimates antique cufflink styles uk sale. Companies that monitor Iran’s shipments are already seeing a drop in tanker activity this month. “We’ve only seen 10 tankers loading at, or signaling for Iranian terminals in November so far, which is significantly lower than what we usually see at the beginning of the month,” said Kpler, a data intelligence company..

According to Refinitiv Eikon data, Iranian crude exports have fallen to 1 million bpd so far in November antique cufflink styles uk sale. An industry source who also monitors such shipments said the figure was likely to be on the low side. Iran expects to maintain crude exports of at least 1.1 million bpd after the reimposition of sanctions, a source familiar with Iranian thinking said, as the global market is too tight to allow a full stoppage. In October, Iran’s crude exports were estimated at 1.82 million bpd by Kpler and 1.5 million bpd by another firm that monitors Iranian shipments..

Japan’s trade minister, Hiroshige Seko, said on Tuesday that Japanese buyers of Iranian oil were expected to resume imports from the Islamic Republic after the country received a waiver from U.S. sanctions antique cufflink styles uk sale. S&P Global Platts reported on Tuesday that South Korea would be able to take around 4 million barrels a month (130,000 bpd) of Iranian crude and condensate under a U.S. sanctions waiver. Japan and South Korea, close U.S. allies, had toed the Washington sanctions line and stopped buying crude from Iran..

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Overall earnings expectations are holding firm despite weaker economic data mont blanc cufflinks sale uk sale. “We think there’s a lot of potential that might be unlocked on the European side but unfortunately there are some idiosyncratic stories that have slowed down the potential for European equities,” said Monica Defend, chief strategist and deputy head of group research at Amundi. Staffing firm Adecco (ADEN.S) rose 3 percent after its results met expectations and margins were stronger, with analysts saying the shares had been pricing in much of the euro area’s slowing economy..

LONDON/PARIS (Reuters) – Rival consortia led by U.S. buyout fund KKR (KKR.N) and Germany’s insurer Allianz (ALVG.DE) are among the four main contenders for a stake in the fiber network business of Dutch-based telecom company Altice (ATCA.AS), sources said mont blanc cufflinks sale uk sale. The two other bidding groups are led by Australian investment firm Macquarie (MQG.AX) and U.S. infrastructure fund I Squared Capital respectively, four sources close to the deal told Reuters. Altice’s majority owner Patrick Drahi is trying to pay down Altice Europe’s 32 billion-euro debt pile and share the burden of ploughing cash into the costly roll-out of its fiber optic network in France..

Altice, which runs France’s second biggest telecom operator SFR, is selling a stake of between 40 and 60 percent in its fiber network business, a deal that could be worth up to 3.6 billion euros ($4.11 billion), the sources said. The sale has also drawn interest from a number of long-term investors. Canadian pension fund manager OMERS has teamed up with Allianz while Singapore’s sovereign wealth fund GIC has joined forces with I Squared Capital, one of the sources said mont blanc cufflinks sale uk sale. Altice and Allianz declined to comment. KKR, Macquarie, I Squared Capital, GIC and OMERS were not immediately available for comment..

Altice has asked bidders to submit their final proposals in late November but the deadline could be further extended, the sources said mont blanc cufflinks sale uk sale. The sources said the winner will not be selected until mid or late December. The business may raise anything between 1.8 and 3.6 billion euros but the price will largely depend on the final terms of the agreement between Altice Europe’s infrastructure business and its telecom carrier, the sources said. Altice wants to share the same degree of governance control with the investors and have a say on key decisions, they said..

In June, the Dutch-based group raised 2.5 billion euros in by selling stakes in its telecoms towers businesses in France and Portugal. KKR won the auction for the French towers and formed a new company called SFR TowerCo, comprising 10,198 sites operated by Altice’s French subsidiary SFR mont blanc cufflinks sale uk sale. In Portugal, Morgan Stanley Infrastructure Partners and Horizon Equity Partners bought 75 percent of a newly-formed domestic towers business. Altice remains in restructuring mode with Drahi fighting to revive its fortunes after growing rapidly in recent years through a series of acquisitions..

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The bank updated disclosures on issues it discovered in auto lending, saying it had tacked on an additional $241 million for customer compensation on top of the $212 million announced earlier, related to a practice where it forced customers auto insurance that in some cases resulted in vehicle repossessions cufflinks argos uk sale. The bank has since discontinued that practice. (This story corrects to say the bank added an additional $241 million for customer compensation, not increased it to $241 million in penultimate paragraph.)..

NEW YORK (LPC) – Elon Musk’s Space Exploration Technologies Corp, known as SpaceX, is looking to line up a $750 million leveraged loan, sources said. Bank of America Merrill Lynch is leading the transaction. A lenders presentation will be held by the SpaceX management team on November 7 cufflinks argos uk sale. SpaceX makes rockets and spacecraft. The company was founded by Elon Musk in 2002 as a way to help humans live on other planets. The Hawthorne, Calif.-based company now employs more than 6,000 people, according to its website. Elon Musk is also the chief executive of luxury electric car maker Tesla Motors Inc..

FRANKFURT (Reuters) – Prosecutors searched the Munich offices of BlackRock (BLK.N) on Tuesday, a person with knowledge of the matter said, as part of the country’s largest post-war fraud investigation cufflinks argos uk sale. The practice being investigated, known as cum-ex, typically involved trading company shares rapidly around a syndicate of banks, investors and hedge funds to create the impression of numerous owners, each of whom was entitled to a tax rebate. A BlackRock spokesman said the world’s biggest fund manager was “fully cooperating with an ongoing investigation relating to cum ex transactions in the period 2007-2011”..

BlackRock’s inclusion is significant because it oversees more than $6.4 trillion in assets, including company shares which it lends to banks as part of its business. State prosecutors in Cologne declined to comment on the search of BlackRock, which came as Germany’s finance minister, Olaf Scholz, urged Europe to tighten cooperation against abusive tax schemes, after Reuters and other media revealed sham trading deals that cost taxpayers billions of euros cufflinks argos uk sale. Numerous banks and investors are already being investigated over the sham trading..

BlackRock’s chairman in Germany, Friedrich Merz, who has helped secure its influence in Europe’s industrial powerhouse, took his current role in 2016 — after the period being investigated — and has condemned illicit dividend stripping cufflinks argos uk sale. Merz has taken an early lead in the race to succeed Angela Merkel as leader of Germany’s Christian Democrats and secure the chance of running for chancellor as soon as next year. Cologne prosecutors also searched offices of Unicredit’s (CRDI.MI) HypoVereinsbank to gather evidence in proceeding against other suspects, a source close to the matter said..

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To counter a sharp rise in oil prices this year Royal Jordanian started hedging 22 percent of its fuel requirements in the fourth quarter, Pichler said. Fuel is often an airline’s single largest operating cost. A currency hedging strategy is also in development, Pichler said burberry cufflinks black uk sale. Wary of overcapacity in the Gulf market, a region dominated by major airlines Emirates and Qatar Airways, Royal Jordanian has said it will focus on the Middle East’s Levant region. Pichler said he was hopeful flights to Syria would resume within the next three to four months, although Royal Jordanian had yet to make any plans to do so..

TORONTO (Reuters) – Thomson Reuters Corp (TRI.TO) (TRI.N) is looking to make “substantive” acquisitions to boost its legal and tax units after selling a majority stake in its financial terminal business, Chief Executive Jim Smith said on Tuesday. Smith’s comments, following better-than-expected third-quarter profit announced earlier in the day, sent Thomson Reuters shares up 4.5 percent to an 18-year high burberry cufflinks black uk sale. The news and information provider has set aside $2 billion for deals, Smith told Reuters in an interview, after raising $17 billion from selling 55 percent of its Financial & Risk (F&R) unit to private equity firm Blackstone Group LP (BX.N)..

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The company had previously indicated that it wanted to use the funds to bolster its Legal and Tax & Accounting businesses, which are its two biggest units after the F&R deal burberry cufflinks black uk sale. Last month, it agreed to buy Integration Point, a trade management software business, for an undisclosed fee. The F&R unit now operates as a standalone business named Refinitiv. Shares in Thomson Reuters have risen 35 percent since May 11, helped by its plan to buy back $10 billion of its shares. The stock hit a high of C$62.99 in afternoon trading..

Smith said the company was on track for a solid 2018 and a better performance in 2019 burberry cufflinks black uk sale. The company reiterated its forecast, originally given in May, for low single-digit revenue growth in 2018. On the conference call, Smith told analysts that the company’s longer-term goal was for mid-single digit growth. Edward Jones analyst Brittany Weissman said she was encouraged by growth in the company’s core businesses but was cautious about the outlook. “We believe there is some uncertainty around Thomson Reuters’ earnings growth over the next couple of years as the company transitions to its new operating structure,” she said..

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And RBI Governor Urjit Patel will be a key focus of the pressure from a group of directors who support the government’s position, according to the New Delhi-based sources, who declined to be named due to the sensitivity of the matter. “We want the RBI governor to accept the priorities of the economy and to discuss these with board members,” said one of the sources, a senior government official with direct knowledge of deliberations. “If he wants to take decisions unilaterally, it will be better for him to quit.” white gold cufflinks uk sale.

Investors and traders warn that if Patel quits it will create uncertainty and undermine India’s already-weak financial markets. They have been hurt in recent weeks because of defaults by a major financing company. A Finance Ministry spokesman declined to comment for this story. The online financial publication Moneylife reported on Wednesday that Patel could resign at the central bank’s next board meeting on Nov. 19, citing sources in touch with the governor white gold cufflinks uk sale. Moneylife said that Patel was tired of the struggle with the government, and it was having a negative impact on his health..

The RBI did not respond to requests for comment for this article or in response to the Moneylife report. Tensions between the two sides came to the fore last month when RBI Deputy Governor Viral Acharya gave a speech that blew the lid off a fractious dispute between the bank and the government of Prime Minister Narendra Modi on issues ranging from lending curbs to who controls the institution’s reserves white gold cufflinks uk sale. Acharya said that undermining central bank independence could be “potentially catastrophic”, and he even cited meddling by the Argentine government in the affairs of its central bank in 2010 – prompting big drops in that nation’s financial markets – as a sign of how bad things can get..

For its part, government officials say they have been increasingly frustrated by the intransigence of Patel and his team to address its demands and engage in constructive dialogue white gold cufflinks uk sale. The RBI has consistently pushed back against calls from the government to hand over more money from its reserves to help fund the fiscal deficit. The ruling Hindu nationalist Bharatiya Janata Party is also keen to reduce curbs on the shadow banking sector and increase overall lending to small and medium-sized businesses. The aim is to help offset economic headwinds from low farm prices and high fuel prices ahead of a general election due by next May and key state elections in a few weeks..

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“The return to political gridlock in Washington will likely serve to temper growth expectations, or at least moderate the prospect of additional stimulative fiscal policy,” said Jon Hill, US Rates Strategist at BMO Capital Markets in New York tie and cufflink set uk sale. The election comes as the market is also losing the low-rate monetary policy that has supported equities during its near decade-long bull run, as the Federal Reserve is raising interest rates to stave off inflation. Without both fiscal and monetary stimulus, Wall Street performance will depend even more on fundamental factors at a time investors are looking for signs pointing to when the long economic expansion will finally end..

“This is really not a stock market that needs more fiscal stimulus and I think in order for the bull market to continue what it really needs is strong earnings in the face of what is likely to be increasing interest rates,” said Rick Meckler, partner at Cherry Lane Investments, in New Vernon, New Jersey. Indeed, some investors may see a silver lining in the diminished prospects for more tax cuts, given concerns about the ballooning deficit and even higher interest rates tie and cufflink set uk sale. “If the Republicans swept today, you would get more fiscal stimulus but that also would likely result in higher interest rates and the Fed moving potentially faster,” said Keith Lerner, chief market strategist at SunTrust Advisory Services in Atlanta. “So beyond the initial positive reaction, my sense is that there would be some offsets from higher interest rates.”..

At the same time, the potential for some fiscal stimulus is still alive through an infrastructure spending package, an area where analysts say Trump and Democrats could find common ground and where an agreement could boost stocks, particularly shares in construction and materials companies. Tuesday’s result of a split Congress, with Republicans keeping control of the Senate, was the most likely scenario projected by polling data and prediction markets ahead of the elections, and had been anticipated by investors tie and cufflink set uk sale.

Immediate market moves to the news may be misleading. Two years ago, stocks futures plunged when it became clear that Trump would win the presidency, only for them to reverse course within hours. Stock market gains this year may indeed continue – stocks historically have climbed following midterm elections. For the two calendar years following each national U.S. election, the S&P 500 had a mean annual increase of 12 percent under Republican-controlled governments, compared to an increase of 9 percent for Democratic-controlled governments and a 7 percent rise for gridlocked governments tie and cufflink set uk sale.

Yet replicating the lofty returns of Trump’s first half of his term – the stock market is up 29 percent since his election – may prove elusive. Democratic control of the House makes the prospect of a new tax-cut package, following the recent steep cut in the U.S tie and cufflink set uk sale. corporate tax rate, appear less likely. Trump has been seeking a 10 percent middle-class tax cut while making permanent individual tax cuts from his 2017 tax overhaul. The change in House control could bring other challenges for the market..

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OSLO (Reuters) – Norwegian Air said on Wednesday all fourteen of its 737 MAX 8 Boeing planes were operating as normal after receiving a safety bulletin from the U.S. plane manufacturer. Boeing issued earlier on Wednesday a statement reminding pilots how to handle erroneous data from a key sensor in the wake of last week’s Indonesian jetliner crash. “All our 737 MAX 8 operate as usual and security always has absolute top priority. We keep regular contact with Boeing and follow their recommendations and instructions,” said a Norwegian Air spokeswoman tie cufflink set uk sale.

(Reuters) – Twenty-First Century Fox Inc (FOXA.O) fell short of estimates for quarterly revenue on Wednesday, hit by the absence of a major movie hit at the end of the U.S. summer as it prepares to sell the bulk of its business to Walt Disney Co (DIS.N). Murdoch agreed in June to sell Fox’s entertainment assets to Walt Disney (DIS.N) for $71.3 billion and is nearing completion of the deal after receiving approval from the European Commission this week, subject to the sale by Disney of its interests in some news and documentary channels tie cufflink set uk sale.

Revenue at Fox’s filmed entertainment division fell 7.5 percent to $1.82 billion, missing analysts’ estimate of $1.95 billion tie cufflink set uk sale. Shares in the company were up less than 1 percent in premarket trade. Revenue from Fox’s cable division rose 3.6 percent to $4.35 billion, accounting for more than half of total revenue in the quarter and compared to analysts’ average estimate of $4.48 billion, according to IBES data from Refinitiv. Overall revenue rose to $7.18 billion from $7.00 billion, shy of a consensus estimate of $7.23 billion..

After the Disney sale is completed Fox will carve out a new company, including Fox News, Business, Sports and the Broadcasting Company which it expects to have annual revenue of around $10 billion tie cufflink set uk sale. The Los Angeles-based studio and media company said net income attributable to shareholders increased to $1.29 billion or 69 cents per share in the first quarter ended Sept. 30, from $855 million or 46 cents per share a year earlier. Excluding items, Fox earned 52 cents per share, in-line with analysts’ estimate..

WASHINGTON (Reuters) – The U.S. Federal Aviation Administration said Wednesday it will require airlines to follow a safety bulletin issued by Boeing Co reminding pilots how to handle erroneous data from a key sensor in the wake of last week’s Indonesian jetliner crash. The U.S tie cufflink set uk sale. planemaker said earlier that investigators probing the Lion Air crash off the coast of Indonesia, in which all 189 on board were killed, had found that one of the “angle of attack” sensors on the brand-new Boeing 737 MAX jet had provided erroneous data..

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AT&T won a court battle in June to close its acquisition of Time Warner, then the owner of HBO, and will head back to court next month as the Justice Department appeals the deal approval. The department had argued the merger would result in higher prices for other pay-TV companies. Dish, which has been stockpiling licenses for wireless spectrum, or airwaves that carry data, said it was on track to build an Internet of Things wireless network, and it is placing antennas on towers this year. The company’s streaming video service Sling TV added just 26,000 subscribers during the quarter, below analyst expectations of 71,000 additions, according to FactSet customised cufflinks delhi uk sale.

Dish has tried to lure viewers to its $25-per-month Sling TV as it battles cord-cutting in its satellite TV services, with audiences shifting to services like Netflix (NFLX.O). Net income attributable to Dish rose to $432 million, or 82 cents per share, in the third quarter ended Sept. 30 from $297 million, or 57 cents per share, in the year-ago quarter. Revenue fell to $3.40 billion from $3.58 billion in the prior-year quarter. Analysts had expected the company to report revenue of $3.397 billion, according to Refinitiv data customised cufflinks delhi uk sale.

ROME (Reuters) – Italy’s antitrust said on Wednesday it was opening a probe against Ryanair (RYA.I) and Wizz Air over their new hand luggage policies customised cufflinks delhi uk sale. The regulator last week requested for the two low cost airlines to suspend a new policy according to which only very small bags would be let on board for free, charging passengers for trolleys. The investigations were opened as Ryanair did not apply the required suspension and because Wizz air passengers signaled it had not followed the request..

ZHUHAI, China (Reuters) – China and Russia on Tuesday unveiled a life-size model of a proposed wide-body long-haul jet at the opening of China’s largest airshow, giving public shape to their joint efforts to break into a market dominated by Boeing (BA.N) and Airbus (AIR.PA) customised cufflinks delhi uk sale. The biennial Airshow China, being held in the coastal city of Zhuhai from Nov. 6-11, is traditionally an event for Beijing to parade its growing aviation prowess but comes as the country is dealing with a bruising trade war with the United States..

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At the same time companies ranging from Coca-Cola Co (KO.N) to Corona beer-maker Constellation Brands Inc (STZ.N) have taken the first steps into building cannabis-infused products cufflinks for kurta uk sale. “We fully expect a successful regulated market to eventually develop around cannabis, and when it does, we expect it will disproportionately benefit the strongest innovators with well-branded products & robust supply chains,” said Bonnie Herzog, an analyst at Wells Fargo who is bullish on the shares of Constellation Brands..

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NEW YORK (LPC) – Elon Musk’s rocket and spacecraft company SpaceX on Wednesday circulated pricing on a proposed $750 million term loan that will put cash on the company’s balance sheet, two sources said. The company floated pricing in the 400bp-425bp over Libor range with a 0% floor and a discount of 99. The loan will have six months of soft call protection at 101. Bank of America Merrill Lynch is leading. Commitments are due November 16 burgundy cufflinks uk sale. As it markets the deal among potential investors, SpaceX is keeping close tabs on the company’s financials, according to sources..

However, this secrecy has not deterred interest from the investment community. “It’s a brave new world,” said one loan investor. “I think there are some companies in this new economy space that are really interesting and this is why you’re seeing Uber and WeWork and even Tesla to some extent able to line up debt.”. SpaceX is based in Hawthorne, California, and employs more than 6,000 people burgundy cufflinks uk sale. Elon Musk, the chief executive of Tesla, founded the company in 2002 with the goal of assisting humans in living on other planets..

SAN FRANCISCO (Reuters) – Shares of cloud software sellers surged on Wednesday following quarterly reports and forecasts from Tableau Software, New Relic, Twilio and Rapid7 that added to Wall Street’s high expectations for the fast-expanding sector. Tableau Software jumped 18 percent and Twilio surged 35 percent after both enterprise software sellers posted strong quarterly results late on Tuesday. New Relic rallied 13 percent and Rapid7, which sells data analytics for cyber security, jumped 11 percent after they also posted upbeat reports late on Tuesday burgundy cufflinks uk sale.

Salesforce.com and Workday, widely viewed as the leaders among cloud software sellers, jumped 6 percent and 7 percent, respectively. After cloud computing stocks slumped in October’s broad market sell-off, the latest batch of quarterly reports showing strong growth has renewed investors’ focus on the sector, said Joel Kulina, senior vice president of Institutional Cash Equities at Wedbush. “The cloud SaaS names remain at the forefront burgundy cufflinks uk sale. Their growth numbers are staggering, and we are still in early innings in the enterprise shift to the cloud,” Kulina said, referring to software as a service, a type of cloud software product..

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