The U.K. government is to introduce a new levy on foreign homebuyers, raising concerns that this could put the brakes on London's property market.» Read More
*Corn pressured by big U.S. supplies. WINNIPEG, Manitoba, Dec 6- Soybeans fell on Friday for the second straight day, heading toward a weekly loss under pressure from prospects for bumper crops in South America. Corn also weakened, weighed down by a plentiful U.S. harvest, while wheat's losses were more modest as traders eyed harsh weather in the United States.
NEW YORK, Dec 6- Oil rose on Friday, supported by expectations of increased demand after the government reported the jobless rate fell to a five-year low in the United States, the world's top oil consumer, adding to a week's worth of strong economic data.
Anderson and Nicholas Kirkwood, while rival Gucci- owner Kering took a stake in young French-American designer Altuzarra. Alberto Moretti, 38, comes from the Moretti family whose Tuscan factories have been making shoes for several generations and still work for brands including Salvatore Ferragamo, Gucci, Prada and sister label Church's.
LONDON-- Britain braced for severe flooding and the worst tidal surge in 60 years after a powerful storm with hurricane-force gusts hit the country Thursday and began moving across Europe. About 10,000 homes along the eastern English coast were evacuated after Britain's Environment Agency warned the country could face its worst tidal surge in 60 years.
NEW YORK-- Heroic in his deeds, graceful in his manner, sainted in his image, Nelson Mandela long served as both cause and muse in the entertainment community. "Nelson Mandela is, for me, the single statesman in the world," Nobel laureate Toni Morrison once observed.
LONDON, Dec 6- The dollar rose and government borrowing costs from Japan to Germany hovered around fresh highs on Friday, on expectations of strong U.S. data that would back the case for an imminent scaling-back of Federal Reserve stimulus.
*Britain says EU Commission misread international mood. BRUSSELS, Dec 5- Leading European Union states Britain, France and Germany propose scrapping a plan to make all aircraft pay a carbon charge for using EU airspace, documents seen by Reuters show.
LONDON, Dec 6- Financial markets were in a state of suspended animation on Friday as tension mounted ahead of jobs data that could make or break the case for an imminent scaling back in U.S. stimulus.
SYDNEY/ SINGAPORE, Dec 6- The dollar hovered near a five-week low versus a basket of currencies on Friday, with its near-term fortunes riding on whether key U.S. jobs data will bolster the case for the Federal Reserve to start scaling back its monetary stimulus.
LAS VEGAS, Dec 5- The London Metal Exchange asked a panel of U.S. judges on Thursday to assign a federal court in Manhattan to handle a series of antitrust lawsuits that allege the world's largest metal exchange, two of Wall Street's biggest banks and big commodity merchants conspired to raise the price of aluminum.
LONDON, Dec 6- Mike Lynch, who sold software firm Autonomy to Hewlett-Packard for $11 billion, is backing a start-up focused on augmented reality- the ability to overlay information on a real-world background which some see as the next big digital craze.
SYDNEY, Dec 6- The euro traded at five-week highs against the dollar early in Asia on Friday, having powered higher overnight after the European Central Bank gave no fresh indication that it would ease policy anytime soon.
*Storm kills two in Britain, one in Denmark. BERLIN/ LONDON Dec 5- Hurricane-force Storm Xaver blasted towards mainland Europe on Thursday after cutting transport and power in northern Britain and killing three people in what meteorologists warned could be the worst storm to hit the continent in years.
*Coal accounts for 2.3 pct of Vale's revenue, fertiliser for 7 pct. *Coal 25 percent stake could fetch $1 billion- analysts. LONDON, Dec 5- Brazilian miner Vale plans to sell a 15 to 25 percent stake in its coal operations, including projects and mines in Australia and Mozambique, and has had interest from potential partners including coal buyers, it said on Thursday.
SEOUL, Dec 6- For 61- year old construction worker Chae Chang- geun, an ethnic Korean from China, Seoul is a place to make money but not a place to call home.
*OPEC keeps production target unchanged. Brent crude fell by over $1 at one point during the session, following a month of consistent gains that saw prices rise from $103 in early November to above $113 on Wednesday.
LONDON, Dec 5- Consumer products giant Unilever Plc aims to cut the number of individual products it sells by 30 percent by the end of 2014 to become more efficient and navigate a global economic slowdown it admits it was slow to confront.
*LME, UK regulator meet with warehousing companies. LONDON, Dec 5- The London Metal Exchange has showed its teeth to guard industrial users of materials like aluminium against steep rises in charges by owners of warehouses in its global storage network.
Speaking with reporters on the sidelines of an event at SEC headquarters, White said she expects to carry out the vote behind closed doors in a process known as "seriatim." Many of the other regulators working on the rule with the SEC, by contrast, plan to vote on the Volcker rule in open public forums on Dec. 10.
NEW YORK, Dec 5- The euro rose to a one-month high against the dollar on Thursday after the European Central Bank left a key interest rate unchanged, disappointing some traders who had hoped for more aggressive easing measures in the euro zone.