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Sluggish UK economy inches forward, Bank of England unlikely to act

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LONDON Britain's economy failed to build much momentum over the past three months after almost stalling at the start of the year, reducing an already slim chance that the Bank of England will soon reverse last year's emergency interest rate cut. | Video

UPDATE 1-Brazil cuts rates to single-digits for first time since 2013 10:18pm BST

BRASILIA, July 26 Brazil's central bank cut interest rates below 10 percent for the first time in nearly four years on Wednesday, keeping a fast pace of monetary easing as plunging inflation gave it leeway to aid an incipient recovery.

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Neymar cleared in tax evasion case, Brazilian court says 9:41pm BST

SAO PAULO Barcelona striker Neymar has been cleared of any criminal charges in a long-running tax evasion case in Brazil, a Brazilian court said on Wednesday.

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Cargill considering bid for JBS's Pilgrim's Pride, paper reports 9:33pm BST

SAO PAULO Global commodities trader Cargill Inc [CARG.UL] is considering bidding for Pilgrim's Pride Corp, a U.S.-based chicken processor controlled by scandal-ridden Brazilian group JBS SA, newspaper O Estado de S. Paulo reported on Wednesday.

UPDATE 1-Soccer-Neymar cleared in tax evasion case, Brazilian court says 9:30pm BST

* Neymar expected to face Manchester United on Wednesday (Recasts with court ruling)

Soccer-Neymar cleared in tax evasion case, father says 7:14pm BST

SAO PAULO, July 26 Barcelona striker Neymar has been cleared of any criminal charges in a long-running tax evasion case in Brazil, the player's father said on Wednesday.

Brazil set to cut rates below 10 pct for first time since 2013 6:00am BST

BRASILIA, July 26 Brazil's central bank is widely expected to bring interest rates below 10 percent for the first time in nearly four years on Wednesday, keeping a fast pace of monetary easing as plunging inflation gives it leeway to aid an incipient recovery.

UPDATE 3-Brazil hikes mining royalties to ease budget deficit 1:12am BST

BRASILIA, July 25 Brazil unveiled plans on Tuesday to raise revenue from mining royalties by 80 percent, the latest measure to shore up government finances, and cut red tape in attempt to attract more foreign investment amid a weak economic recovery.

UPDATE 1-Brazil trade chamber postpones decision on taxing U.S. ethanol 1:00am BST

BRASILIA, July 25 Brazil's foreign trade chamber, Camex, has put off for 30 days a decision on whether to impose a tariff on ethanol to curb a surge in imports from the United States, a senior government official who attended the meeting told Reuters on Tuesday.

CORRECTED-UPDATE 1-Brazil hikes mining royalties to ease budget deficit 25 Jul 2017

BRASILIA, July 25 Brazil's government unveiled a sweeping proposal to change its mining code on Tuesday, which would boost royalties in the latest move to reduce a budget deficit amid a sluggish recovery from the country's worst recession on record.

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Trump to ban transgender U.S. military personnel, reversing Obama

WASHINGTON President Donald Trump said on Wednesday he would ban transgender people from the U.S. military, an action appealing to some in his conservative political base but sowing confusion about the fate of thousands of transgender service members. | Video