Nick Stone, co-founder of FIXR, says his new clubbing app could revolutionize nights out in London.» Read More
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.
*OPEC keeps production target unchanged. *John Kerry: core sanctions against Iran remain in place despite interim deal.
WASHINGTON, Dec 5- The United States urged Europe and Asia to match its efforts to make the financial industry safer, saying on Thursday it likely had done enough to ensure taxpayers will not have to bail out banks again in future crises.
*AbbVie, InterMune say they defending business secrets. The decision leaves in limbo a high-profile fight that has pitched the European Medicines Agency, Europe's equivalent of the U.S. Food and Drug Administration, against AbbVie and InterMune.
LONDON, Dec 5- Nickel and tin rose on Thursday after Indonesia reiterated it would impose an export ban on ore, while copper dipped following strong U.S. economic data on worries the Federal Reserve could curtail monetary stimulus.
*Finance minister seeks to slow London property rises. *London prices soaring, forcing locals out of the market. LONDON, Dec 5- Britain will impose a capital gains tax on foreign property investors from 2015 in a bid to allay fears that wealthy foreign buyers are inflating a London- led property bubble which is pricing locals out of the market.
NEW YORK, Dec 5- The euro rose to a one-month high against the dollar on Thursday after the European Central Bank disappointed some traders who had hoped for more aggressive easing measures in the euro zone, leaving a key interest rate unchanged.
*John Kerry: core sanctions against Iran remain in place despite interim deal. LONDON, Dec 5- Brent crude oil slipped towards $111 a barrel on Thursday, as traders weighed whether positive U.S. data would prompt the Federal Reserve to start curbing its monthly bond-buying programme.
*Iran's Hosseini says Tehran wants to revive ageing oilfields. VIENNA, Dec 5- Iran's leading oil negotiator says Tehran wants Western oil companies to revive its giant ageing oilfields and develop new oil and gas projects once sanctions are lifted.
KIEV, Dec 5- With 350,000 anti-government protesters packed into the capital Kiev on Sunday, the anchor on Ukraine's top television channel, firmly aligned with President Viktor Yanukovich, appeared to go off script.
BRASILIA/ SAO PAULO, Dec 5- Brazil's central bank said on Thursday its string of six interest rate hikes have had a lagging effect on inflation, signaling policymakers could be ready to slow one of the world's most aggressive monetary tightening cycles.
MOSCOW, Dec 5- Ukraine's choice of closer ties with Moscow, spurning a trade pact with the EU, could rub its struggling steelmakers up against Russia's own beleaguered metals firms, who will resist Kiev's attempts to export its way out of trouble.
BEVERLY HILLS, Calif.-- Eytan Rosenberg had no idea that the man he let paint a mural on the side his family's gas station in Hollywood was the darling of the art world.
NEW YORK-- MSNBC host Martin Bashir resigned from the network Wednesday, nearly three weeks after making graphic remarks on his show about former Alaska Gov.
PARIS, Dec 5- Airbus booked over 100 orders in November and potentially extended its lead over U.S. rival Boeing, but the manufacturers are neck-and-neck in this year's order race based on business being finalised in the wake of a record Dubai Airshow.