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  • *Israel says Iran must not become "nuclear threshold state". VIENNA, Nov 23- Iran, the United States and other world powers are discussing an extension to Monday's deadline for a deal to resolve a 12- year stand-off over Tehran's atomic ambitions, Western and Iranian officials said. The talks in Vienna aim for an accord that could transform the Middle East, open the...

  • Iran lobbies Saudi Arabia for output cut: Report Sunday, 23 Nov 2014 | 10:27 AM ET
    OPEC headquarters in Vienna, Austria.

    Iran will try to persuade Saudi Arabia to cut oil production when ministers from the two OPEC members meet this week, Mehr news agency reported.

  • VIENNA, Nov 23- Iran will try to persuade Saudi Arabia to cut oil production when the oil ministers from the two OPEC members meet this week in Vienna, Iran's semi-official Mehr news agency reported on Sunday citing a television interview with the country's oil minister. "Iran's oil minister will meet his Saudi counterpart in Vienna to persuade the oil giant for...

  • *Citigroup, Deutsche Bank among banks picked. The sovereign, rated Caa1 by Moody's and B- by Standard& Poor's, has picked Citigroup, Deutsche Bank, Dubai Islamic Bank and Standard Chartered to arrange the roadshows and the possible deal, it showed. Pakistan will hold roadshows in the United Arab Emirates on Monday, before heading to London and Singapore on Tuesday,...

  • The FCC had asked media companies to disclose their contracts with pay-TV providers as it reviewed AT&T Inc's acquisition of DirecTV and Comcast Corp's merger with Time Warner Cable Inc.. Media companies including Time Warner, Walt Disney Co and CBS Corp had approached the U.S. Court of Appeals for the District of Columbia Circuit, saying the FCC's order would...

  • Nov 21- A U.S. federal appeals court has stayed the Federal Communications Commission's order requiring broadcast and cable companies to disclose programming contracts. The FCC had asked media companies to disclose their contracts with pay-TV providers as it reviewed AT&T Inc's acquisition of DirecTV and Comcast Corp's merger with Time Warner Cable Inc..

  • NEW YORK, Nov 21- Aereo Inc, the online video streaming company backed by media mogul Barry Diller, has filed for bankruptcy protection. In a filing with the U.S. Bankruptcy Court in New York, Chief Financial Officer Ramon Rivera said getting protection from creditors should provide "necessary breathing room" for Aereo to sell its assets, recapitalize or...

  • UPDATE 2-Dow Chemical, Dan Loeb settle board debate Friday, 21 Nov 2014 | 1:10 PM ET

    Nov 21- Dow Chemical Co averted a proxy fight with Dan Loeb's hedge fund, Third Point LLC, by agreeing to add four independent directors to its board, sending its shares up as much as 4.5 percent. The company has agreed to add to the board two Third Point nominees- former Foster Wheeler AG CEO Raymond Milchovich and Steve Miller, the non-executive chairman of AIG.

  • Under the terms of the possible offer, Aviva would offer Friends Life shareholders 0.74 shares for each Friends Life share. The deal indicates a value of about 398.9 pence per Friends Life share, a 15 percent premium to the stock's Friday close. Friends Life shareholders would also receive an amount in cash equal to any Friends Life final dividend for the 2014...

  • Nov 21- A pressure group pushing for higher wages at Walmart stores said employees would stage protests at 1,600 U.S. stores on Black Friday, including 60 in Washington, D.C.. Wal-Mart Stores Inc, owner of Walmart stores and the largest private employer in the United States, has been at the center of the debate over proposals to raise the minimum wage.

  • Amazon plans ad-supported video streaming: Report Friday, 21 Nov 2014 | 12:04 PM ET

    Online retailer Amazon.com will release a new ad-supported video streaming service early next year, the New York Post reported, citing sources.

  • Nov 21- A group of Walmart employees pushing for higher wages said they were planning to protest on Black Friday at 1,600 U.S. stores in areas including Washington and Los Angeles. The group also plans strikes at the San Francisco Bay Area, Sacramento, Chicago, Seattle, Texas, Minneapolis and Tampa among other places. Wal-Mart Stores Inc, owner of Walmart brand...

  • Goldman Sachs Group Inc retained its No. 1 position as M&A adviser with deals worth $877 billion, followed by JPMorgan Chase& Co with $651 billion and Citigroup Inc with $633 billion. The $66.4 billion bid for Allergan Inc by Actavis PLC this week more than doubled the total value of deals in the healthcare sector to $364 billion. Halliburton Co's plans to buy...

  • Nov 21- Dow Chemical Co said it would add four independent directors to its board as part of an agreement with Daniel Loeb's hedge fund, Third Point LLC, avoiding a proxy battle. The $17.5 billion hedge fund was considering a proxy contest after negotiations with Dow over board seats broke down, Reuters had reported on Thursday. The fund is known for pushing...

  • Nov 21- Online retailer Amazon.com Inc will release a new ad-supported video streaming service early next year, the New York Post reported, citing sources. Amazon's Prime service costs $99 a year. Though the new service will be separate from Prime, ultimately Amazon plans to lure more users and eventually get them to sign up for Prime, the Post said.

  • UPDATE 2-Aereo files for bankruptcy Friday, 21 Nov 2014 | 9:41 AM ET

    NEW YORK, Nov 21- Aereo Inc, the video streaming company backed by media mogul Barry Diller, has filed for bankruptcy protection. Aereo Chief Executive Officer Chet Kanojia said the decision created "regulatory and legal uncertainty" that proved insurmountable for the New York- based company, which is privately held. Lawton Bloom, a principal at Argus Management...

  • *Market beginning to expect OPEC cut, analysts say. LONDON, Nov 21- Brent crude oil rose above $80 a barrel on Friday after China cut interest rates and on speculation that OPEC could agree next week to reduce oil production. The rate cut added to a positive mood among oil traders, many of whom expected an agreement by the Organization of the Petroleum Exporting...

  • Nov 21- Dow Chemical Co said it would add four independent directors to its board as part of an agreement with hedge fund Third Point LLC. The four directors will be included in Dow's nominees for election at the 2015 annual meeting. Reuters reported earlier this week that Third Point was considering a proxy contest after negotiations over board seats with the...

  • AP PHOTOS: 'Most generous' Myanmar's giving cycle Friday, 21 Nov 2014 | 8:42 AM ET

    HLAING THARYAR, Myanmar— "The food cart is coming!" The Charities Aid Foundation looked at wide-ranging giving patterns by respondents globally over a month-long period. In its latest World Giving Index, released Tuesday, the U.K.- based group said that Myanmar— turned into one of the world's poorest nations during a half-century of dictatorial rule, corruption...

  • *Market beginning to expect OPEC cut, analysts say. LONDON, Nov 21- Brent crude oil rose more than $2 to above $81 a barrel on Friday after China cut interest rates and on speculation that OPEC could agree next week to reduce oil production. The rate cut added to a positive mood among oil traders, many of whom expected an agreement by the Organization of the Petroleum...