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UPDATE 1-McDonald's to cut global antibiotic use in chickens

Public health and consumer groups applauded the move, which is not as strict as the company's policy for the United States, where already for a year suppliers have provided the chain with chickens raised without antibiotics deemed important to human health. In January 2018, HPCIAs will be gone from McDonald's chickens in Brazil, Canada, Japan, South Korea, the...

Source: Reuters

McDonald's to start cutting global antibiotic use in chickens

The fast-food giant is joining a broad effort to battle dangerous superbugs by curbing use of antibiotics in its chicken.

Source: Reuters

UPDATE 1-True price of an Uber ride in question as investors assess firm's value

SAN FRANCISCO, Aug 23- What is the true cost of an Uber ride? But it may be the most important question of all when it comes to determining the value of Uber Technologies Inc, which has built its business on massive subsidies to both riders and drivers, producing huge losses in the process, and has yet to show that it can maintain growth without them.

Source: Reuters

UPDATE 6-Oil edges up on eighth weekly U.S. crude stock drawdown

*Libya's Sharara oilfield remains shut- sources. NEW YORK, Aug 23- Oil prices rose on Wednesday after U.S. crude inventories declined for the eighth straight week and a storm approached the Gulf Coast with the potential to disrupt oil and refined products output. "Oil inventories continue their downward trend despite a significant increase in crude oil imports...

Source: Reuters

McDonald's to start cutting global antibiotic use in chickens

Public health and consumer groups applauded the move, which does not go as far as the company's policy for the United States, where already for a year suppliers have provided the chain with chickens raised without antibiotics deemed important to human health. In January 2018, HPCIAs will be gone from McDonald's chickens in Brazil, Canada, Japan, South Korea, the...

Source: Reuters

PhosAgro CEO Presents Achievements of Past 4 Years

MOSCOW, August 23, 2017/ PRNewswire/--. In his report addressed to the Board of Directors on the results of PhosAgro's performance over the past four years during which he was CEO, Andrey Guryev noted: "The team and I have achieved good results thanks to a comprehensive approach to improving the efficiency of our operations, investment in the modernisation of...

Source: PR Newswire

Saudi Aramco to sign China's Yunnan refinery deal in 6 months -Falih

JEDDAH, Aug 23- Saudi Aramco is expected to sign a final deal with PetroChina, China's second-largest state-run refiner, within six months to invest in its Yunnan refinery, Saudi Arabia's Energy Minister Khalid al-Falih told Reuters on Wednesday. The world's top oil exporter aims to push ahead with its oil investments in China to become the country's biggest...

Source: Reuters

Nikki Haley's path to the presidency runs right past Trump

United Nations Ambassador Nikki Haley's profile is rising as she runs her own show, Vox reports.

Source: Vox

Germany brings home gold reserves ahead of schedule

FRANKFURT, Aug 22- Germany's central bank has brought much of its gold reserve back to Frankfurt, the Bundesbank said on Wednesday, restoring a bulwark of economic stability the country had stashed away at the height of the Cold War. Guarded well out of Moscow's reach in safe havens like New York, London and Paris, the 3,378- tonne, 140 billion-euro gold stockpile...

Source: Reuters

US ratchets up pressure to break Russia's stranglehold over Europe's energy market

U.S. attempts to export natural gas to Europe appears likely to increase the pressure on the region's dominant player at a time when Washington has vowed to break down Russia's stranglehold over the market.

Source: CNBC.com