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INVESTMENT FOCUS-Politics, sluggish growth cast pall over European equities

*US investments into Europe slow: http://reut.rs/2552EVJ. Stocks in Europe, along with Japan, were the top destinations for global equity investors over the past three years as aggressive central bank easing, cheap valuations and hopes of a growth pick-up attracted a flood of money, particularly from the United States. Earnings growth in Europe, in particular,...

Source: Reuters

Texas energy regulator faces questions on oil-linked quakes

HOUSTON, May 18- An oil and gas regulator in the top U.S. energy-producing state of Texas cast doubt on research linking growing seismic activity to petroleum production on Wednesday, following the release of a study arguing most of the state's earthquakes are manmade. Ryan Sitton, one of three members of the Texas Railroad Commission, which regulates the oil and...

Source: Reuters

EXCLUSIVE-Mexico widens tax evasion probe in wake of Panama Papers-documents

MEXICO CITY, May 12- Mexico is widening a probe into tax evasion by requiring banks to hand over names of local clients with transactions in tax havens, documents showed, weeks after the "Panama Papers" cast a spotlight on how the world's rich and famous stash their wealth. In a letter this year, Mexico's tax authority SAT asked banking regulators to compel banks and...

Source: Reuters

UPDATE 1-Vimpelcom still expects to complete Italy deal at end-2016

*Says proposed deal different from others in Europe. European Union antitrust regulators on Wednesday rejected Hutchison's plan to acquire O2 UK from Spain's Telefonica, a decision which cast doubts on prospects for approval of the Vimpelcom-Hutchison deal in Italy. "It's going to be reviewed on its own merits by Europe and this transaction is very different...

Source: Reuters

Millionaires for Hillary: Wealth survey

According to the results from CNBC's exclusive survey, the nation's top earners plan to cast their ballots for Hillary Clinton, but with a large number of undecided voters growing, the outcome isn't so clear, reports CNBC's Robert Frank.

Source: CNBC.com

RPT-UPDATE 4-EU blocks Hutchison's deal to buy Telefonica's O2 UK

*Commission says UK deal would have led to higher prices. BRUSSELS, May 11- The European Union's competition regulator blocked on Wednesday CK Hutchison Holdings' plan to become Britain's biggest mobile telecoms network operator, in a decision which also cast doubts on whether it can still win approval for another deal in Italy. The European Commission said...

Source: Reuters

UPDATE 2-EU blocks Hutchison's deal to buy Telefonica's O2 UK

*Commission says UK deal would have led to higher prices. BRUSSELS, May 11- The European Union's competition regulator blocked on Wednesday CK Hutchison Holdings' plan to become Britain's biggest mobile telecoms network operator in a decision which also cast doubts on whether it can win approval for another deal in Italy. The European Commission said allowing...

Source: Reuters

UPDATE 3-Firebrand mayor favored as Philippines votes on presidency

The presidential race has been one of the most divisive in years, with outgoing leader Benigno Aquino and rival candidates warning of a doomsday scenario if Rodrigo Duterte, firebrand mayor of the southern city of Davao, wins and makes good on a promise to fight lawlessness with deadly force. Many voters in Manila queued for more than an hour to cast votes in a poll...

Source: Reuters

UPDATE 2-Trump-like mayor favoured as Philippines votes for new president

MANILA, May 9- Voting for a new Philippine president began on Monday with a brash challenger to the political establishment the favourite to win after campaigning on pledges to crush crime and corruption. Many voters in Manila had to line up in blazing sunshine for more than an hour to cast their votes, and there were several reports of electronic voting machine...

Source: Reuters

WRAPUP 3-U.S. employment gains hit seven-month low, labor force shrinks

*Average hourly earnings rise eight cents. WASHINGTON, May 6- The U.S. economy added the fewest number of jobs in seven months in April and Americans dropped out of the labor force in droves, signs of weakness that cast doubts on whether the Federal Reserve will raise interest rates before the end of the year. Nonfarm payrolls increased by 160,000 jobs last month as...

Source: Reuters