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  • *OPEC meets in Vienna on Thursday to discuss production. LONDON, Nov 25- Brent crude oil prices steadied under $80 a barrel on Tuesday ahead of a key meeting of OPEC oil producers to decide on oil production levels for next year. Several OPEC members want the group to cut production dramatically to ease a global supply glut, but Saudi Arabia, the biggest exporter,...

  • Asia stocks rise after US growth revised higher Tuesday, 25 Nov 2014 | 3:09 AM ET

    NEW YORK— A slump in energy prices pushed the stock market back from record levels on Tuesday. Traders speculated that member nations of the oil-producing group OPEC would fail to agree on production cuts at an upcoming meeting in Vienna on Thursday. The gains are likely to continue for now, said Jim McDonald, chief investment strategist at Northern Trust.

  • DIARY - Top Economic Events to Dec 8 Monday, 24 Nov 2014 | 7:01 PM ET

    TOKYO- Europlace Financial Forum in Tokyo. Banque de France Governor Christian Noyer, French Economy Minister Emmanuel Macron and Bank of Japan Deputy Governor Hiroshi Nakaso to attend. SYDNEY- RBA Deputy Governor Philip Lowe speaks at the Annual Australian Business Economists Conference dinner in Sydney- 0905 GMT.

  • *Market volatile as all await OPEC decision on cuts. NEW YORK, Nov 24- Crude prices ended lower, with Brent below $80 a barrel, after a volatile session on Monday as Russia's offer to add to OPEC output cuts led some to bet the group will agree on a higher production cut than thought when it meets this week. Russia, which needs higher oil prices to support its economy, tried...

  • *China may cut rates again on deflation fears- sources. NEW YORK, Nov 24- The euro rose against the dollar and yen on Monday due to encouraging German business data and remarks from a top European Central Bank official that cast doubts on whether the bank will take aggressive stimulus measures in the near future. "It looks like there's some discord within the ECB...

  • UK police spied on reporters for years, docs show Monday, 24 Nov 2014 | 3:04 PM ET

    LONDON— Freelance video journalist Jason Parkinson returned home from vacation this year to find a brown paper envelope in his mailbox. Parkinson's documents, obtained through a public records request, are the basis of a lawsuit being filed by the National Union of Journalists against London's Metropolitan Police and Britain's Home Office.

  • *Soybeans lower on bright South American crop prospects. *Wheat follows corn, soy lower. Soybeans and wheat also declined.

  • AMSTERDAM/ FRANKFURT, Nov 24 (Reuters)- ASML, the world's second largest maker of semiconductor production equipment, said on Monday it could nearly double annual sales to 10 billion euros ( $12 billion) by 2018-- or up to two years later if customers put off buying its latest machines. ASML is working to introduce a new generation of' extreme ultraviolet' (EUV) tools which...

  • *China may cut rates again on deflation fears-sources. NEW YORK, Nov 24- The euro rose against the dollar and yen on Monday due to encouraging German business data and remarks from a top European Central Bank official that cast doubts on whether the bank will take aggressive stimulus measures in the near future. "It looks like there's some discord within the ECB...

  • *Russia adds to speculation on OPEC, offering its own output cuts. NEW YORK, Nov 24- Crude prices pared Monday's early losses as traders and investors speculated OPEC producers might surprise with an cut output above what market players expect when the producer group meets this week. Russia, which needs higher oil prices to support its economy, tried on Monday to...

  • *Oil regains some lost ground ahead of OPEC meeting. NEW YORK, Nov 24- U.S. stocks opened higher on Monday, extending a global equity rally in Asia and Europe fueled by merger activity and signals that central banks were willing to step further into the economic breach to support growth and inflation. European Central Bank President Mario Draghi also looked to be...

  • LONDON, Nov 24- Google Inc said on Monday it had reached a settlement with a British businessman over defamatory postings in its search results describing him as a pedophile, a murderer and a money-launderer. Calling that an incomplete solution, Hegglin asked the High Court of Justice in England and Wales to order Google to ensure the material did not appear in...

  • Google settles with ex-banker over online abuse Monday, 24 Nov 2014 | 10:19 AM ET

    LONDON— Google has agreed to a settlement with a former Morgan Stanley banker who sued the search engine over defamatory Internet posts. Daniel Hegglin, a Hong Kong- based investor, went to Britain's High Court to force Google to ensure posts falsely labeling him a murderer, pedophile and Nazi didn't appear in search results. He didn't disclose details, but said...

  • *China may cut rates again on deflation fears-sources. China might be ready to lower interest rate again after Friday's surprise rate cut in an effort to stem deflation, sources familiar with its policymaking told Reuters. As China, Europe and Japan were seen likely pursuing further policy easing, the U.S.

  • COLUMN-Oil in Arcadia: John Kemp Monday, 24 Nov 2014 | 9:05 AM ET

    Some of that crude came from states such as North Dakota, Texas and Alaska, and the rest from foreign suppliers like Canada, Saudi Arabia, Venezuela and Nigeria. On Saturday, the New York Times published a carefully researched essay chronicling "The Downside of the Boom" about how " North Dakota took on the oversight of a multi-billion dollar oil industry with a...

  • LONDON, Nov 24- The euro inched up against the dollar on Monday after a stronger-than-expected German business survey offered some respite, though it stayed close to a two-year low on bets of more easing in the euro zone. On Friday European Central Bank chief Mario Draghi threw the door open for more drastic measures as he stressed that "excessively low" inflation...

  • AMSTERDAM, Nov 24- ASML, the world's largest maker of lithograpy machines for the semiconductor industry pushed back its sales growth goal on Monday in a belated recognition of the struggle it has been having in commercialising its next generation of products. "We believe the market was looking for ASML to reach the disclosed financial targets by 2018," ING...

  • MOSCOW, Nov 24- Moscow- listed shares in Russian potash producer Uralkali rose 4 percent after the company said it was preparing to restart production at half of its Solikamsk-2 mine, where work was halted last week after an accident. At 1132 GMT, Uralkali shares were up around 4 percent on the day in Moscow. In London, the company's global depositary receipts were up...

  • Asia stocks fall as China rate cut effect fades Monday, 24 Nov 2014 | 4:22 AM ET

    The rally has been driven by optimism that central banks in Europe, China and Japan will take action to help invigorate economic growth outside the U.S., after the Federal Reserve ended its bond-buying stimulus program last month. "You clearly have momentum favoring stocks right now," said Russ Koesterich, chief investment strategist at Blackrock.

  • China defends land reclamation in South China Sea Monday, 24 Nov 2014 | 4:16 AM ET

    BEIJING— Defying a U.S. call to halt the project, China defended its land reclamation in the disputed Spratly Islands in the South China Sea on Monday, saying the work is for public service use, although a London- based security group says the new island could host a military airfield to intimidate neighbors. Its deployment of an oil rig near the Paracel Islands...