METALS-Copper steadies as U.S. dollar slips
SYDNEY, Feb 22 Copper steadied in early trading on Wednesday, after slipping overnight, as a weaker U.S. dollar limited profit taking.
PARIS French media group Lagardere has started exclusive talks with radio and TV producer Alain Kruger and Rothschild banker Gregoire Chertok to sell the print versions of its movie magazine Premiere and events listing magazine Pariscope.
The two parties have a month to finalize terms and conditions of a potential sale, Lagardere (LAGA.PA) said in a statement on Wednesday. It did not give any details of the potential price.
Lagardere, whose magazines are facing fierce competition from content available on the Internet, said last week it planned to sell 10 titles to focus on its most strategic brands online such as the French edition of Elle, Paris Match and Le Journal du Dimanche.
The titles for sale include Psychologies magazine and several home and decoration publications. Hundreds of jobs could be at risk if the titles do not find buyers.
(Reporting by Geert De Clercq. Editing by Jane Merriman)
Feb 22 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Feb 22 Gold held firm on Wednesday after falling as much as 1 percent the session before, with investors waiting for minutes from the Federal Reserve's last meeting for clues on the timing of interest rate hikes. FUNDAMENTALS * Spot gold was steady at $1,236 per ounce at 0054 GMT, while U.S. gold futures fell 0.1 percent to $1,237. * Data showed the U.S. Purchasing Managers Index (PMI) was at 53.9 in February, down from 55.6 in January and expe