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  • Japan coal power plant export push hits U.S. resistance Thursday, 23 Oct 2014 | 12:13 AM ET

    *U.S. has challenged Japan coal-fired plant exports- source. *Japan pushing to triple infrastructure exports by 2020. Japan has been exporting equipment that cuts carbon dioxide output by burning coal more efficiently, but that does not go as far as more expensive technology designed to capture around 90 percent of carbon dioxide emissions that is slowly being...

  • DIARY - Top economic Events to Nov 4 Wednesday, 22 Oct 2014 | 8:01 PM ET

    Treasury Under Secretary David Cohen speaks on "Disrupting ISIL's Money Trail" before the Carnegie Endowment for International Peace in Washington- 1400 GMT. LONDON- Bank of England Deputy Governor Ben Broadbent gives a speech on monetary policy outlook to Society of Business Economists- 0805 GMT. OTTAWA- Bank of Canada Governor Stephen Poloz and Senior...

  • Weatherford misses Street 3Q forecasts Wednesday, 22 Oct 2014 | 7:51 PM ET

    GENEVA _ Weatherford International Ltd. on Wednesday reported net income of $77 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share. Analysts expected $3.98 billion, according to Zacks.

  • Early Apple computer sells for $905,000 at auction Wednesday, 22 Oct 2014 | 7:50 PM ET

    NEW YORK— A vintage Apple computer that was one of only 50 made in Steve Jobs' garage in 1976 sold for $905,000 at auction on Wednesday, far exceeding pre-sale estimates and outdoing a previous high price of more than $671,000 paid in Germany last year. "The provenance on the Apple -1 is excellent and the condition is outstanding, so it was not surprising that it did so...

  • EU leaders seek climate deal, but are divided over costs Wednesday, 22 Oct 2014 | 7:00 PM ET

    *Poland leads objections, but is not alone. BRUSSELS, Oct 23- European leaders aim to agree a new decade of energy policy to cut climate-warming gas emissions out to 2030 at an EU summit on Thursday, though sharp differences over sharing the cost means a deal could elude them. The 28 member states want to set the pace for a global pact to be hammered out in Paris next year...

  • LAGOS DE MORENO, Mexico, Oct 22- Nestle has no plans to close any of its eight factories or curb output in cocoa and coffee-rich West and Central Africa because of Ebola, but is ready to adapt if it spreads, the Chief Executive of the world's largest food company said on Wednesday. Nestle's factories in the region including both Ghana and Ivory Coast produce...

  • Oct 22- A consortium of buyout firms Advent International Corp and Avista Capital Partners is in advanced talks to acquire UCB SA's U.S. generic drugs unit Kremers Urban Pharmaceuticals Inc, according to people familiar with the matter. Advent and Avista have prevailed in an auction for Kremers Urban, which attracted interest from other private equity firms...

  • *Poland leads objections, but not alone. BRUSSELS, Oct 22- EU leaders face a long day on Thursday as they seek to agree on a new decade of climate and energy policy at a summit in Brussels, with nations from Poland to Portugal threatening to block a deal. Poland, whose economy depends on highly polluting coal, has always been at the forefront of objectors, but Portugal...

  • BERLIN, Oct 22- Senior lawmakers from Chancellor Angela Merkel's conservative party heaped criticism on the European Central Bank on Wednesday following a Reuters report that it was considering the purchase of corporate bonds to spur growth. "The Governing Council has taken no such decision," an ECB spokesman said. Hans Michelbach of the Christian Social...

  • German lawmakers rip ECB over corporate bonds report Wednesday, 22 Oct 2014 | 11:58 AM ET

    BERLIN, Oct 22- Senior lawmakers from Chancellor Angela Merkel's conservative party heaped criticism on the European Central Bank on Wednesday following a Reuters report that it was considering the purchase of corporate bonds to spur growth. Hans Michelbach of the Christian Social Union, the Bavarian sister party of the CDU, said Draghi was endangering the...

  • *Libyan official calls for OPEC output cut. "The large crude oil build is the dominant feature of the report, making it bearish overall," said John Kilduff, partner at Again Capital LLC in New York. Brent has tumbled from $115 in June on abundant supply and concerns that slowing economic growth in Europe and China would hit oil demand.

  • MOSCOW, Oct 22- Russian stocks fell on Wednesday and the rouble resumed its decline, a day after Russia and Ukraine failed to finalise a deal on gas supplies, and ahead of a sovereign rating review by Standard and Poor's on Friday. The rouble's fall intensified sharply after oil giant Rosneft requested almost $50 billion in financial aid from the government,...

  • "Building 1" is already under construction in Basel and at a height of 178 metres will become the country's tallest building when it opens at the end of 2015.. The drugmaker traces its roots in Basel to 1896 when Fritz Hoffman-La Roche set up the business, and it is now one of the world's most successful pharmaceutical companies, whose leading position in cancer...

  • BUSINESS-NEWS-SCHEDULE AT 1230 GMT / 8.30 AM ET Wednesday, 22 Oct 2014 | 9:05 AM ET

    LONDON- European shares slip and the euro hit a one-week low as reports that at least 11 banks could fail a region-wide financial health check this weekend offset hopes of corporate bond buying by the ECB. MADRID/ VIENNA- The European Central Bank cautions against speculation over the outcome of its stress tests after a media report says at least 11 banks have...

  • STRASBOURG, France, Oct 22- The European Union will have a new executive in place next month led by Jean-Claude Juncker following its approval in a vote by the European Parliament on Wednesday. Addressing the chamber before his European Commission was approved by 423 votes to 209, the former Luxembourg premier warned that voters were losing patience with EU...

  • Ex-Luxembourg leader Juncker gets OK as EU chief Wednesday, 22 Oct 2014 | 7:55 AM ET

    BRUSSELS— The European Union legislature has approved the appointment of former Luxembourg leader Jean-Claude Juncker as the new EU Commission president molding policies of the 28- nation bloc for the next five years. Juncker takes over from Portugal's Jose Manuel Barroso, who led the Commission for the last decade. Amid other changes in the bloc, EU Council...

  • *One named bank- Austria's Erste- denies report. MADRID/ VIENNA, Oct 22- The European Central Bank cautioned on Wednesday against speculation over the outcome of its stress tests after a media report said at least 11 banks had failed the landmark financial health checks, driving some banking shares lower. Austria's Erste Group rejected the report from Spanish...

  • From Kors to DVF, fashion mourns de la Renta Wednesday, 22 Oct 2014 | 7:21 AM ET

    Oscar de la Renta approached fashion and life on those terms, but there was more, so much more, those who loved and admired the designer say. I put it on and he said,' And now to the most important accessory,' and he handed me his arm and he said,' The man.' And so I put my arm in his arm and I got to walk through his showroom with Oscar de la Renta. A handwritten statement signed by his...

  • Total acts swiftly to replace CEO killed in crash Wednesday, 22 Oct 2014 | 7:21 AM ET

    PARIS— French oil giant Total SA has named Patrick Pouyanne as chief executive to replace Christophe de Margerie, who was killed earlier this week in a plane crash in Moscow. The swift appointment indicates the board's desire to limit the uncertainty on one of France's biggest companies. Pouyanne is a graduate of two of France's top engineering schools, Ecole...

  • *ABB, Husqvarna rally after positive results. The STOXX Europe 600 euro zone bank index recovered to trade just 0.2 percent lower, however, with Spain's economy minister saying he was confident Spanish lenders would do well in the European Central Bank's checks, and Austria's Erste Bank denying it was among those that had failed the test. Erste Bank was down 1.6...