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  • Dec 26- Amazon.com Inc said on Friday it drew more than 10 million new members to its Prime shipping and digital content service over the holidays and intends to offer one-hour shipping to more cities in 2015.. Amazon considers its $99- a-year Prime membership, which confers free two-day shipping and streaming of select movies and songs, essential to driving its...

  • Dec 26- Amazon.com Inc said more than 10 million new members worldwide tried its Prime subscription service for the first time during the current holiday season. Amazon Prime users get unlimited free two-day shipping for $99 a year. They can access books, songs, movies, TV episodes and upload unlimited photos on Amazons Cloud Drive.

  • China offers to help electricity-starved Nepal Friday, 26 Dec 2014 | 6:42 AM ET

    KATMANDU, Nepal— China said Friday that it would help Nepal develop its power industry to alleviate severe electricity outages that can last up to 12 hours a day in the Himalayan nation, where Beijing is trying to increase influence and investment. China's state-backed Three Gorges International Corp. is negotiating with Nepal over construction of a $1.6...

  • China challenges India's polished diamond throne Thursday, 25 Dec 2014 | 7:18 PM ET

    *India seeks help from Russia to defend market share. NEW DELHI, Dec 26- India's long-held position as the world's top diamond polisher is being challenged by soaring output from China, compelling the south Asian country to seek help from ally and top rough diamond supplier Russia to defend its market share. India has traditionally relied on the middlemen in...

  • DIARY -Emerging Markets Economic Events to Jan 8 Wednesday, 24 Dec 2014 | 7:02 PM ET

    JERUSALEM- Bank of Israel announces interest rate decision- 1400 GMT. PRAGUE- Czech National Bank to release the minutes of December policy meeting- 0800 GMT. PUNE, India- Indian Prime Minister Narendra Modi and Finance Minister Arun Jaitley will meet chiefs of the nation's banks.

  • Dec 24- Top European truckmakers operated a cartel for 14 years to delay the progress of emissions-reducing technology, the Financial Times reported, citing leaked documents in a European Commission investigation. The newspaper said that one of the documents states that DAF Trucks, Daimler, Iveco, Scania, Volvo and MAN "agreed the timing and price increase...

  • Dec 23- Top European truckmakers operated a cartel for 14 years to delay the progress of emissions-reducing technology, the Financial Times reported, citing leaked documents in a European Commission investigation. The newspaper said that one of the documents states that DAF Trucks, Daimler, Iveco, Scania, Volvo and MAN, "agreed the timing and price increase...

  • JAKARTA, Dec 22- The Ciliwung River flows from a volcano south of the Indonesian capital, through the heart of one of the world's most densely populated cities and almost into Jakarta Bay. The same is true for the rest of the half-dozen sewage-choked rivers that wind though central Jakarta. "Jakarta is a bowl, and the bowl is sinking," said Fook Chuan Eng, senior water...

  • *10 years on from Boxing Day tsunami, weaknesses remain. BANGKOK, Dec 21- In April 2012, Indonesia's Banda Aceh, the city worst hit by the tsunami that killed at least 226,000 people on Boxing Day ten years ago, received a terrifying reminder of how unprepared it was for the next disaster. But if it had, the damage would have been "worse than 2004, if it was the same...

  • Goldman names two new board members Friday, 19 Dec 2014 | 11:54 AM ET

    Dec 19- Goldman Sachs Group Inc said it added two independent directors, raising the number of board members to 14.. The appointments of Mark Flaherty, 55, and Mark Winkelman, 68, was effective from Thursday. Winkelman, a former co-head of Goldman's fixed-income division, retired from the bank in 1994. He currently serves on the board of brewer Anheuser-Busch...

  • SAN FRANCISCO, Dec 18- Uber argued Thursday that it should not have to turn over ride data in a California regulatory standoff that shows how the transportation service is falling afoul of officials who could threaten its expansion. The issue, which is being heard in a California administrative court and whose outcome will not be known until next year, pits Uber...

  • SAN FRANCISCO, Dec 18- Uber argued Thursday that it should not have to turn over ride data in a California regulatory standoff that shows how the transportation service is falling afoul of officials who could threaten its expansion. The issue, which is being heard in a California administrative court and whose outcome will not be known until next year, pits Uber...

  • Uber suspends operations in Portland for 3 months Thursday, 18 Dec 2014 | 7:09 PM ET

    PORTLAND, Ore.— Less than two weeks after the ride-hailing app Uber launched in Portland without officials' approval, the company said it is suspending operations for three months to work out its differences with the city. General manager Brooke Steger wrote in a blog post Thursday that Portland is working to update its regulations for private for-hire...

  • Analysts say companies with considerable debt such as Nabors Industries Ltd and small private firms with less efficient rigs will scramble to keep them in operation. Rig rates of $25,000- $30,000 per day in the quarter ended Sept. 30, are expected to fall 20-25 percent or more next year and talks over lower rates are already underway, analysts said.

  • Uber driver in Boston charged with kidnapping and rape Thursday, 18 Dec 2014 | 11:39 AM ET

    Dec 18- A driver for ride-sharing company Uber in Boston was charged with the kidnapping and rape of a woman who used the service earlier this month. The driver, Alejandro Done, pleaded not guilty in Cambridge District Court on Wednesday, the Boston Globe reported. Uber has been banned in several cities in India following an alleged rape of a passenger who booked...

  • Bad press mounts for Uber after rape allegations Thursday, 18 Dec 2014 | 11:09 AM ET

    Uber's in hot water again after new rape allegations. How can Uber make its $40 billion ride-sharing service safer?

  • Canada man finds woman for free trip around world Thursday, 18 Dec 2014 | 7:59 AM ET

    TORONTO— A Toronto man who made headlines last month by offering a free round-the-world air ticket to a woman with the same name as his ex-girlfriend has found Ms. Jordan Axani, 28, and his then girlfriend, named Elizabeth Gallagher, booked heavily discounted round-the-world air tickets in May, but their relationship ended and he didn't want her ticket to go to...

  • UPDATE 1-Uber plans tighter screening for drivers Wednesday, 17 Dec 2014 | 8:39 PM ET

    Dec 18- Online taxi service Uber Technologies Inc, which had a driver was accused of rape in New Delhi, said it was exploring adding new methods to verify drivers' credentials and make its service safer. In the United States, Uber's background-verification process includes checks of court records going back seven years; a multi-state criminal database; and the...

  • TABLE-Reuters U.S. primary dealer poll results Wednesday, 17 Dec 2014 | 6:46 PM ET

    NEW YORK, Dec 17- These are the results of Reuters poll of U.S. primary dealers following the latest Federal Open Market Committee meeting on Wednesday. For the related story click. Primary Dealer When do Will the Where do Where do Would a.

  • NEW YORK, Dec 17- Economists at Wall Street's biggest banks remain convinced the Federal Reserve will raise interest rates by next June and most expect the Fed to tighten policy more than once in 2015, a Reuters poll found after the U.S. central bank wrapped up a policy meeting on Wednesday. The Fed last raised interest rates in 2006 and has held its target policy...