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PRESS DIGEST- British Business - Jan 25

Jan 25 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

UPDATE 1-Japan's annual exports up for first time in 15 months on global demand

(Adds background, detail) * Exports +5.4 pct yr/yr in Dec vs forecast +1.2 pct * Dec imports -2.6 pct yr/yr vs forecast -0.8 pct * Weak yen, global demand brightens recovery prospects * Worries over protectionism under Trump clouds outlook By Tetsushi Kajimoto TOKYO, Jan 25 Japan's annual exports rose for the first time in 15 months in December, led by shipments of car parts and electronics, underscoring a pickup in global demand and adding momentum to th

WRAPUP 3-U.S. home sales drop as supply tumbles to 17-year low

WASHINGTON, Jan 24 U.S. home resales fell more than expected in December as the supply of houses on the market dropped to levels last seen in 1999, but the housing market recovery remained intact against the backdrop of a tightening labor market.

Argentina says 2016 primary deficit 359.4 bln pesos

BUENOS AIRES, Jan 24 Argentina posted a primary fiscal deficit of 359.4 billion pesos($22.57 billion at the current exchange rate) in 2016, larger than the 235.1 billion peso ($14.76 billion) deficit posted in 2015, the Treasury Ministry said on Tuesday.

UPDATE 2-Mexico fuel prices spur fastest inflation in over 4 years

(Adds economic activity, client note) MEXICO CITY, Jan 24 Mexico's annual inflation shot up in early January to its fastest pace in over four years, stoked by a government-led increase in gasoline prices and raising the chances of another interest rate hike next month. Inflation in the 12 months through mid-January was 4.78 percent, the national statistics institute said on Tuesday, the highest half-month reading since September, 2012. A hike in low octane gasoline pri

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Trump administration seeks to muzzle U.S. agency employees

WASHINGTON/CHICAGO U.S. President Donald Trump's administration has moved since he took office last week to curb the flow of information from several government agencies involved in environmental issues, in actions that may have been designed to discourage dissenting views.