European anti-trust investigators searched the offices of price agency Platts and at least one major oil company for a third day on Thursday, hunting for evidence of possible price manipulation on oil markets, witnesses said.» Read More
LONDON, Dec 10- The euro dipped against the dollar on Monday as political turmoil in Italy and weak German data stoked concerns about the region's deteriorating near-term outlook.
*China oil demand growth fastest in two years. China's implied oil demand in November surpassed 10 million barrels per day for the first time while its crude imports rose to the second-highest daily rate on record, providing more evidence of recovery after data over the weekend showed refinery runs rose to a new high.
LONDON, Dec 10- The euro swooped towards a two-week low and shares and Italian bonds fell on Monday, after Italian Prime Minister Mario Monti's decision to resign early triggered fears of a fresh bout of euro zone uncertainty.
LONDON, Dec 10- European stock index futures turned negative in early trading on Monday, with deepening political uncertainty in Italy and disappointing Chinese trade data hurting sentiment.
At 0702 GMT, futures for Euro STOXX 50, Germany's DAX and France's CAC were flat to 0.1 percent higher.
SINGAPORE, Dec 10- London copper hit its highest in almost two months on Monday after data showed China's factory output growth accelerated to eight-month highs in November, but lingering worries that the euro zone may return to recession next year kept a lid on gains.
*MSCI Asia ex- Japan up 0.2 pct, Nikkei up 0.1 pct. SINGAPORE, Dec 10- Asian shares touched a 16- month high on Monday as investors took heart from rising factory output growth in China and a falling unemployment rate in the United States that raised hopes about the outlook for the world's top two economies.
LONDON, Dec 10- Governments must cooperate to tackle increasingly sharp swings in prices of commodities such as food, metals and oil that threaten stability within and between countries, the Chatham House think tank said.
LONDON, Dec 10- Blue chip shares in France, Germany and the UK helped European stocks close higher on Monday, as political turmoil in Italy unnerved investors and prompted a flight to safety.
NEW YORK/ LONDON, Dec 10- Raw sugar futures on ICE flirted with the lowest level in nearly 2-1/ 2 years on Monday, and arabica coffee also tumbled after reports from top producer Brazil emphasized plentiful supplies for both markets.
NEW YORK, Dec 10- Gold rose for a third session on Monday as investors were uncertain about the U.S. budget crisis and hopeful that the Federal Reserve will unveil new economic stimulus this week. Growing unease about Europe boosted safe-haven bids for bullion after Italian Prime Minister Mario Monti announced he would resign once the 2013 budget is approved.
SINGAPORE, Dec 10- London copper rose on Monday after data showed China's economic growth picked up to eight month highs in November, but lingering worries that the euro zone may return to recession next year dragged on the euro and kept a lid on gains. *The most-traded March copper contract on the Shanghai Futures Exchange rose 0.38 percent to 57,670 yuan a tonne.
DOHA, Dec 9- Developing nations will push next year for a radical U.N. mechanism to compensate them for the impact of climate change, such as droughts or rising sea levels, despite reluctance among wealthy states which would have to foot the bill.
*Brent crude flat on day but down 4 pct on week. NEW YORK, Dec 7- Oil seesawed before closing lower on Friday and sharply lower for the week, while copper rose on the day as stronger-than-expected U.S. jobs growth in November offset deadlocked talks in Congress to avert a budget crisis.
NEW YORK, Dec 7- Oil prices were little changed on Friday after data showing U.S. job growth offset statements talks to avert a U.S. budget crisis. London- traded Brent crude settled 1 cent lower on the day at $107.02 per barrel, bringing weekly losses for the global benchmark crude to nearly 4 percent. U.S. crude settled down 33 cents at $85.93.
NEW YORK/ LONDON, Dec 7- ICE arabica coffee futures surged on Friday, defying the weak trend in the commodity complex, on a wave of short-covering after chart-based indicators showed selling interest dried up after pushing the market to a 2-1/ 2- year low earlier this week.
*Shares fall 2.6 pct to C $13.90 on TSX. TORONTO, Dec 7- Harry Winston Diamond Corp has no plans to sell or spin off its watch and jewelry division from its mining division in the next year, though the retail arm will eventually stand on its own, the company's chief executive said on Friday.
LONDON, Dec 7- For Royal Bank of Scotland Chief Executive Stephen Hester, the biggest turnaround in corporate history is not over. At the height of the 2008 financial crisis, RBS came within hours of running out of cash, and Britain had to pump in 45.5 billion pounds to prevent a potentially catastrophic failure of what at the time was the world's fifth largest bank.
LONDON, Dec 7- European shares edged higher on Friday, lifted by major healthcare stocks and telecoms group Nokia, although some traders said they would look to sell equities due to an uncertain economic backdrop.
LONDON, Dec 7- European stocks closed flat in choppy trade on Friday, as worries that U.S. politicians may fail to strike a deal to avoid growth-curbing austerity measures pushed equities off earlier highs. The STOXX 600 telecoms index declined 0.6 percent, dragged down by a 2.7 percent fall in Deutsche Telekom after it cut its dividend.