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  • CARACAS, May 3- Venezuela's oil output may fall to average some 2.35 million barrels-per-day this year, as the South American OPEC country's cash crunch and shortages weigh on production, according to energy consulting firm IPD Latin America. That estimate is a whisker above the 2.53 million bpd Venezuela produced in the first quarter, according to OPEC...

  • *Says could save Egypt nearly $2 bln in five years. A dimly lit room awash with the soft glow of CCTV feeds from around the country, Blumberg Grain's command and control centre is the central nervous system of a fast-expanding network of grain storage facilities the company says will save Egypt nearly $2 billion in five years. As Egypt begins its wheat harvest this...

  • *Says could save Egypt nearly $2 bln in five years. A dimly lit room awash with the soft glow of CCTV feeds from around the country, Blumberg Grain's command and control centre is the central nervous system of a fast-expanding network of grain storage facilities the company says will save Egypt nearly $2 billion in five years. As Egypt begins its wheat harvest this...

  • CHICAGO, April 6- A friend called recently looking for advice about her 401. Should she roll over her $250,000 nest egg and withdraw some of the funds to help her through the career transition? His proposal would cost her at least $74,000 in fees over the next 20 years, compared with $23,000 in the 401- based on a simple back-of-the-envelope calculation assuming no...

  • An employee checks labels of "Naranja Agria" on the bottling line at the Badia Spices factory in Doral, Florida.

    The index hit 54.5 in March, higher than the 54 expected by Wall Street.

  • TORONTO, March 31- The financial health of Canadian pension funds declined in the first quarter of 2016, affected by volatile currency markets, weakness in equity markets and lower bond yields, consultancy Aon said on Thursday. Canada's largest public pension funds have continued to perform strongly, benefiting from their strategy of investing in assets...

  • ISTANBUL, March 31- Turkey's health ministry said it has launched an investigation into allegations a drugmaker, which it did not name, secured $85 million in business advantages through bribery. Reuters reported this week an anonymous whistleblower has accused Swiss company Novartis of paying bribes through a consulting firm to secure advantages worth an...

  • NEW YORK, March 30- U.S. private employers added 200,000 jobs in March, above economists' expectations, a report by a payrolls processor showed on Wednesday. Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 194,000 jobs, with estimates ranging from 150,000 to 220,000. Private payroll gains in the month earlier...

  • *Whistleblower email alleges bribes paid to boost business. LONDON, March 29- An anonymous whistleblower has accused Swiss drugmaker Novartis of paying bribes in Turkey through a consulting firm to secure business advantages worth an estimated $85 million, according to a Feb. 17 email seen by Reuters. The anonymous sender's 5,000- word email to Novartis Chief...

  • March 24- Accenture Plc raised its full-year net revenue forecast well above analysts' expectations and reported better-than-expected quarterly revenue and profit, led by strong growth in its consulting business, especially in North America. Accenture, which is incorporated in Ireland but run out of Chicago, said on Thursday it now expected full-year net...

  • March 24- Accenture Plc reported quarterly revenue and profit above analysts' expectations, led by strong growth in its consulting business, especially in North America. Revenue in the company's consulting division rose to $4.29 billion, an increase of 12 percent in U.S. dollars and 18 percent in local currency in the second quarter ended Feb. 29.

  • March 24- Accenture Plc reported a 6 percent rise in quarterly revenue, helped by strong growth in its consulting business, especially in North America. Net revenue, or revenue before reimbursements, rose to $7.95 billion in the second quarter ended Feb. 29 from $7.49 billion. Net income attributable to Accenture rose to $1.33 billion, or $2.08 per share, from...

  • March 23- Respironics Inc has agreed to pay $34.8 million to settle U.S. Department of Justice claims that it provided kickbacks in the form of free call center services to suppliers, to induce them to buy its masks for patients suffering from sleep apnea. Gibran Ameer, a South Carolina pharmacist who worked for medical equipment suppliers that bought the masks.

  • NEW YORK, March 15- A former human resources consultant from Atlanta who admitted to participating in a $1.1 million insider trading scheme with a film producer avoided prison on Tuesday, as a federal judge rejected prosecutors' request for him to be incarcerated. Federal prosecutors in Manhattan had argued that a sentence of 37 to 46 months was reasonable for...

  • "They want $50 oil, this is going to become the new anchor for global oil prices," said Ross, one of the industry's most respected forecasters for his bold price predictions and decades-long history of consulting with OPEC members. After years of signaling satisfaction with prices hovering at around $100 a barrel, top exporter Saudi Arabia in late 2014 led OPEC in...

  • BARCELONA/ TORONTO, Feb 24- BlackBerry said on Wednesday that it has acquired U.K.- based cyber security consultancy Encription, moving the company deeper into the services business as it continues to morph into a more software-focused entity amid its ongoing turnaround. The smartphone industry pioneer, which is pivoting to focus more on security software and...

  • Feb 4- LinkedIn Corp forecast first-quarter profit and revenue below analysts' estimates as it faces headwinds in its online ads and recruitment services businesses in markets outside North America, sending its shares down 27 percent in extended trading. "While initial demand was solid, the product required more resources than anticipated to scale," Chief...

  • Feb 4- LinkedIn Corp forecast current-quarter profit and revenue below analysts' estimates, citing weakness in its recruitment services business in markets outside North America. LinkedIn forecast an adjusted profit of about 55 cents per share for the first quarter, way below the average analyst estimate of 74 cents, according to Thomson Reuters I/B/E/S.

  • WASHINGTON, Feb 3- Switching the disposal of weapons-grade plutonium to New Mexico from an existing South Carolina site could cost the U.S. government more than $20 billion and raise safety concerns, according to a new study commissioned by the firms building the current site. High Bridge, a consultant to the nuclear industry, in its report said disposal of...

  • LONDON, Feb 1- Financial services salaries are set to rise by 4.3 percent in both Asia and Latin America this year, almost double the average increase forecast for North America and Europe, research published on Monday showed. A survey by consulting firm Mercer found wage growth in the emerging market regions would outpace the 2.4 percent and 2.3 percent...