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Eyewitnesses say 2 attackers tried to behead a soldier in London today, and the 2 men then charged at police once they arrived and were both shot at, reports NBC's Michelle Krosinski.
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LONDON, Dec 18- Europe will definitely fail to meet the globally-agreed January deadline for the implementation of tougher capital requirements for banks after European Union talks to agree the rules were postponed on Tuesday.
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The political divide narrowed on Monday night when President Barack Obama proposed leaving lower tax rates in place for those earning under $400,000, moving closer to the $1 million threshold favoured by Republican House of Representatives Speaker John Boehner. " said Daiwa Securities economist Tobias Blattner. "
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*Price expected at $370 per 1,000 cm, down from over $400. MOSCOW/ LONDON, Dec 18- Russia's Gazprom, pressured by customers and competitors to reduce its gas prices, is likely to cut long-term contract prices to Europe next year to levels comparable to the spot market, a source at the company said.
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LONDON, Dec 18- Brent crude oil rose above $108 a barrel on Tuesday on signs of progress in U.S. talks to resolve a budget crisis that threatens to tip the world's top oil consumer into recession.
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LONDON, Dec 18- European shares rose towards 2012 highs on Tuesday, tracking overnight gains on Wall Street on signs of progress over a compromise to halt austerity measures that could damage the world's top economy's prospects.
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LONDON, Dec 18- The yen slipped on Tuesday, trading near a 20- month low against the dollar on expectations that a new Japanese government will drive the Bank of Japan toward more aggressive monetary easing. The dollar edged up 0.1 percent to 83.95 yen, having hit a high of 84.48 yen on Monday, the U.S. currency's strongest level against the yen since April 2011.
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*MSCI index of world shares near 3- month high. That was a change of position for President Barack Obama who has been pushing for a $250,000 threshold although it is still far from Republican House of Representatives Speaker John Boehner's preference of $1 million.
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LONDON, Dec 18- European shares rose early on Tuesday, tracking gains overnight on Wall Street fuelled by expectation that U.S. politicians were close to a deal to avoid steep tax hikes and spending cuts that threaten the global economy.
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*MSCI Asia ex- Japan up 0.2 pct, Nikkei at 8-1/ 2- mth peak. The move, which the source stressed was not Obama's final offer, was welcomed by a spokesman for Republican House of Representatives Speaker John Boehner, potentially advancing negotiations towards a deal by the end-year deadline.
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NEW YORK, Dec 18- Gold fell more than 1 percent on Tuesday, hitting a 1-1/ 2 month low as growing hopes that Washington was moving much closer to a deal to avert the "fiscal cliff" triggered a sell-off in safe-haven assets.
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That prompted a rally in equities globally and the desire to secure investment returns pushed some back towards the euro zone's lower-rated peripheral bonds as the effects of last week's political shock in Italy subsided. Certainly one thing that's clear is that news in the U.S. is getting better and better, " DZ Bank strategist Christian Lenk said."
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*Record sugar output for Brazil 2013 crop expected. *Brazil farmers withhold coffee, hoping for higher prices. NEW YORK/ LONDON, Dec 18- Raw sugar on ICE slipped Tuesday on surplus supplies following two sessions of gains that lifted the market from the lowest level in more than two years.
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Best of all, the Wall Street bank had just bought one of the world's preeminent metal warehousing firms, Henry Bath, further profiting from storing the metal that would be used to back the first ETF of its kind.
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LONDON, Dec 18- The number of new medicines approved or pending approval is on the rise on both sides of the Atlantic, painting an encouraging picture for the global drugs industry as it emerges from a wave of patent expiries.
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NEW YORK, Dec 18- Oil prices rose on Tuesday as signs of progress in talks to resolve the U.S. budget crisis eased concerns the world's top economy could slip into recession. "Everything is keying on the' cliff' hopes, because people are assessing if we're closer to a deal," said Mark Waggoner, president at Excel Futures Inc..
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SINGAPORE, Dec 18- London copper edged up on Monday, lifted by progress in talks to avert the looming U.S. " *The most-traded March copper contract on the Shanghai Futures Exchange slipped by 0.12 percent to 58,060 yuan a tonne.
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SAN FRANCISCO, Dec 17- Nielsen Holdings NV, the television viewership measurement company, said on Monday it will partner with Twitter to publish a new set of ratings that measure chatter on Twitter about TV programming.
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SAN FRANCISCO, Dec 17- Nielsen Holdings NV, the television viewership measurement company, said on Monday it will partner with Twitter to publish a new set of ratings that measure chatter on Twitter about TV programming.
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TORONTO/ LONDON, Dec 17- Shares of Inmet Mining Corp jumped Monday after First Quantum Minerals Ltd sweetened its offer for its Canadian rival to C $5.1 billion and said it was taking the deal directly to shareholders in a bid to control one of the world's largest untapped copper deposits.
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The discount of U.S. crude to the international Brent benchmark narrowed by $1 following news that Enterprise Products Partners LP and partner Enbridge Inc would complete a 250,000 barrel per day expansion to the 150,000 bpd Oklahoma to Texas Seaway pipeline in early January, when it will have capacity to ship 400,000 bpd.