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  • METALS-Copper slides on demand doubts, eyes US data Wednesday, 26 Nov 2014 | 2:36 AM ET

    *London copper drops to three-week low. SYDNEY, Nov 26- London copper slipped to a three-week low before regaining some ground ahead of a flood of U.S data later on Wednesday that is forecast to shed positive light on the world's biggest economy. Three-month copper stood at $6,598 a tonne at 0718 GMT, down $8 from the London close.

  • LONDON, Nov 26- Official interest rates in Britain might end up sticking at 3 percent after they start to rise, below their level before the global financial crisis, the Bank of England's chief economist Andrew Haldane said in an interview published on Wednesday. "We think that it will be a gradual path once we get started and the levels to which we are likely to head...

  • BRUSSELS, Nov 26- At a technology fair in Moscow last month, European executives faced the new reality of doing business in Russia since the West imposed sanctions: the number of companies at the international showcase had shrunk by half from a year ago. The company lost Russia's biggest shipbuilder as a client when the United States and the European Union...

  • METALS-LME copper losses checked by looming U.S. data Wednesday, 26 Nov 2014 | 12:08 AM ET

    SYDNEY, Nov 26- London metals mostly traded lower, with copper losses held in check on expectations of a flood of positive U.S data later on Wednesday. Most of the London Metal Exchange complex recoiled as signs of weak demand growth in China made for an uncertain fundamental outlook. Three-month copper stood at $6,598.50 a tonne at 0452 GMT, down $7.50 from the...

  • WELLINGTON, Nov 26- Internet entrepreneur Kim Dotcom, one of the world's most wanted cyber fugitives, says his nearly three-year fight against extradition to the United States to face online piracy charges has left him broke. Dotcom, the New Zealand resident who once flaunted a fleet of vintage cars, a fully staffed rented mansion and globe-trotting holidays,...

  • METALS-Copper rebounds on upgrade to U.S. GDP data Tuesday, 25 Nov 2014 | 9:36 PM ET

    GDP data after slipping overnight, while Shanghai futures faced downward pressure. *Three-month copper stood at $6,608.75 a tonne at 0200 GMT, up $2.75 from the London close. *The most-traded January copper contract on the Shanghai Futures Exchange slipped 0.9 percent to 47,250 yuan a tonne.

  • Nov 25- The U.S. Justice Department is investigating allegations that an employee of HSBC Holdings Plc leaked confidential client information to a major hedge fund, the Wall Street Journal reported, citing people with knowledge of the matter. The alleged leak is believed to have taken place in March 2010, when HSBC was advising British insurer Prudential Plc on...

  • NEW YORK, Nov 25- Oil tumbled 2 percent to near four-year lows on Tuesday in another volatile session as a meeting of Saudi Arabia and three other nations ahead of an OPEC summit ended with no deal to curb crude output. Saudi Oil Minister Ali al-Naimi held talks with officials from Venezuela, Russia and Mexico in Vienna before Thursday's summit of the Organization...

  • *Oil falls after talks with non- OPEC producers yield no cuts. Oil prices fell more than $1 a barrel to near four-year lows after a meeting between OPEC members Saudi Arabia and Venezuela with non- OPEC producers Russia and Mexico resulted in no deal to curb output to counter a 30 percent slump in prices since June. OPEC meets in Vienna on Thursday.

  • *Losses pared after WSJ reports OPEC may agree on cut. NEW YORK, Nov 25- Oil prices tumbled to near four-year lows before paring some losses on Tuesday as the market was hit with conflicting signals on whether OPEC will agree to curb output at its meeting this week. Crude prices reversed early gains and fell more than $1 a barrel after a meeting in Vienna on Tuesday...

  • *China cen bank lowers yield for key short-term money rate. LONDON, Nov 25- Copper and other base metals dropped on Tuesday after a surprise fall in U.S. consumer confidence and as investors doubted whether additional monetary policy easing in top metals consumer China would translate into a significant increase in demand. Copper touched a three-week high of...

  • *Meeting held ahead of Thursday's OPEC summit. NEW YORK, Nov 25- Oil prices tumbled by more than $1 a barrel on Tuesday to near four-year lows, reversing early gains after a meeting between Saudi Arabia, Venezuela and major non- OPEC oil exporters ended with no deal on curbing output. Saudi Oil Minister Ali al-Naimi met with officials from Venezuela, Russia and Mexico...

  • *Oil steady ahead of this week's OPEC meeting. NEW YORK, Nov 25- A surprising upward revision in U.S. third-quarter economic growth set off an early rally on Wall Street on Tuesday only to see prices knocked back by the lowest U.S. consumer confidence data since June, dragging down the U.S. dollar in the process. Earlier bets on more support from the European Central...

  • Euro zone torpor hits German, French, Italian firms Tuesday, 25 Nov 2014 | 11:41 AM ET

    The average company’s credit ratings has fallen in the three biggest euro zone economies over the last year, according to a new report.

  • *Falling oil prices have undermined Nigeria's reserves. ABUJA, Nov 25- Nigeria's central bank devalued the naira by 8 percent and raised interest rates sharply on Tuesday, as it sought to stem losses to its foreign reserves from defending the currency against weaker oil prices. The last time it devalued was in November 2011, when it lowered the band from 145- 150...

  • FOREX-Yen gains after BOJ minutes; dollar retreats Tuesday, 25 Nov 2014 | 11:12 AM ET

    NEW YORK, Nov 25- The yen rose on Tuesday after Bank of Japan minutes showed the hurdle to further quantitative easing was high, while the dollar slipped as data showing a deterioration in consumer confidence overshadowed a surprise upgrade in third-quarter U.S. growth. "I don't see a reason to trade aggressively before Thanksgiving," said Lane Newman, director of...

  • *Saudi's Naimi meets Russian, Venezuelan and Mexican counterparts Meeting held ahead of Thursday's OPEC summit. NEW YORK, Nov 25- Oil prices rose on Tuesday, with Brent crude above $80 per barrel, after news that Saudi Arabian Oil Minister Ali al-Naimi was meeting with his Russian, Venezuelan and Mexican counterparts ahead on an OPEC meeting that could cut output.

  • Black Friday shopping catches on in UK Tuesday, 25 Nov 2014 | 10:18 AM ET

    LONDON— Halloween and Mother's Day have become staples of the U.K. shopping calendar. Online seller Amazon is widely perceived to have first introduced Black Friday deals to the U.K. in 2010. A steady slew of retailers joined the fray each year, with a significant jump in 2013, when the Asda supermarket chain, owned by Walmart, embraced the event.

  • LONDON, Nov 25- A London law firm is rallying Tesco Plc shareholders to join a lawsuit and seek compensation for losses after Britain's largest retailer discovered a hole in its profits, suspended eight senior employees and sparked a series of investigations. Stewarts Law, one of the litigators behind a 4 billion pound investor case against Royal Bank of...

  • Iran's London oil conference still set for Feb-Shana Tuesday, 25 Nov 2014 | 8:06 AM ET

    DUBAI, Nov 25- Iran will not delay a much-anticipated conference to offer multinationals the rights to develop oil deposits, an oil official was reported as saying, after nuclear talks in Vienna failed to yield significant relief from Western sanctions. "The conference will go as planned on February 23-25 2015, in the Marriott Hotel in London," oil ministry news...