New York denies PA-NY Williams Northeast Supply natgas pipe

New York environmental regulators on Friday denied a water permit for Williams Cos Inc's proposed Northeast Supply Enhancement (NESE) natural gas pipeline from Pennsylvania to New York City.

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GLOBAL MARKETS-Asian stocks set to rise on optimism of post-lockdown recovery, stimulus

Asian stocks were set to rise on Friday amid investor optimism about the re-opening of the U.S. economy from coronavirus lockdowns and possibly more stimulus that could fuel a recovery.

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UPDATE 1-S.Korea's U.S. April crude imports rise 32.1% but broader demand slumps

* Total crude imports in April at 11.02 mln T, down 13.6% y/y

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UPDATE 2-Mexico appears to delay auto industry restart to June 1 amid confusion

Mexico on Thursday appeared to push back by two weeks the date when automotive plants can return to work after the coronavirus lockdown, creating confusion among companies about how soon they can reconnect supply chains tied to U.S. manufacturing.

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Brazil's JBS reports steep Q1 loss as forex swings hurt bottom line

Brazilian meatpacker JBS SA reported a steep 6 billion reais ($1.03 billion) net loss in the first quarter as exchange rate variations affected results, according to an earnings statement on Thursday.

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UPDATE 1-U.S. proposes divestiture as condition for Novelis purchase of Aleris

The U.S. Justice Department proposed on Tuesday that Novelis Inc divest Aleris Corp's entire North American aluminum auto body sheet operations as a condition of its acquisition.

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UPDATE 5-World's second-oldest airline, Avianca, driven to bankruptcy by coronavirus

By Marcelo Rochabrun, Devika Krishna Kumar and Nelson Bocanegra

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UPDATE 2-IMF's Georgieva downbeat on global economic forecast, warns against protectionism

The head of the International Monetary Fund on Friday signaled a possible downward revision of global economic forecasts, and warned the United States and China against rekindling a trade war that could weaken a recovery from the coronavirus pandemic.

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UPDATE 2-Mexico to unveil economic restart next week after coronavirus lockdown

Mexican President Andres Manuel Lopez Obrador said that he will receive a proposal on Monday from his cabinet on reopening the country, including the economy, after more than a month of quarantine measures to curb the coronavirus outbreak.

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UPDATE 1-Union opposes reopening U.S. meat plants as more workers die

The largest union representing U.S. meatpacking workers said on Friday it opposed the reopening of plants as the Trump administration had failed to guarantee workers' safety.

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Aerospace firm Safran cuts 3,000 workers in Mexico as coronavirus hits demand

France's Safran, the world's third-largest aerospace supplier, said on Thursday it had laid off 3,000 employees in Mexico as the aerospace industry faces an unprecedented crisis stemming from the coronavirus pandemic.

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GLOBAL MARKETS-Asia stocks poised to rise as upbeat earnings trump jobs gloom

Asian stocks were set to track Wall Street gains on Friday, after upbeat corporate earnings took the focus off upcoming data that is expected show the worst U.S. unemployment rate in more than 70 years.

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UPDATE 1-Mayor's office in southern Brazil suspends reopening of JBS plant

A plant owned by Brazilian meat producer JBS SA in the southern city of Passo Fundo has been ordered to remain closed for the next 15 days by the mayor's office, the municipal administration said in a statement on Thursday.

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