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  • Bayer to split off polymer division with IPO Thursday, 18 Sep 2014 | 6:51 AM ET

    BERLIN— German pharmaceuticals and chemicals company Bayer AG says it plans a separate stock listing for its polymer division. German news agency dpa reported that analysts have valued the polymer division at about $10 billion. Shares in the group were up 4.9 percent at 111.40 euros on the Frankfurt exchange by midday Thursday.

  • *Supply risks rise with Libyan setback, OPEC talk. Threats to supply as Libya's output fell and talk of OPEC production cuts limited the decline for global benchmark Brent, which hit a 26- month low on Monday after data showing a slowdown in China's factory output raised demand concerns.

  • Cleveland port adds 2nd trans-Atlantic freighter Thursday, 18 Sep 2014 | 6:05 AM ET

    CLEVELAND— The Port of Cleveland will soon have a second freighter traversing the Atlantic Ocean. Despite financial losses on its freighter to Europe, the Cleveland- Cuyahoga County Port Authority has reached an agreement with its Dutch partner to add a second ship to the trans-Atlantic service.

  • New central bank stimulus launched for eurozone Thursday, 18 Sep 2014 | 5:37 AM ET

    FRANKFURT, Germany— The European Central Bank has launched a new stimulus program aimed at getting banks to lend more— but low demand for its super-cheap money shows the difficulty it faces in trying to revive a stalling economy. The central bank for the 18- country eurozone on Thursday handed out 82.6 billion euros in ultra-low interest loans to 255 banks.

  • *Banks take 82.6 billion euros of cheap credit from ECB. FRANKFURT, Sept 18- The European Central Bank handed out the first of its new four-year loans to banks on Thursday, the flagship tool in a new stimulus package it hopes will stave off price deflation and revive the ailing euro zone economy.

  • EU court OKs airlines' right to charge for luggage Thursday, 18 Sep 2014 | 4:52 AM ET

    BRUSSELS— The European Union's highest court says airlines are allowed to charge passengers an extra fee for checking in luggage. Luggage surcharges coming on top of cheap airfares are common with Europe's burgeoning budget airlines such as Ryanair and Easyjet.

  • Companies in Europe pledge 100K new youth jobs Thursday, 18 Sep 2014 | 4:50 AM ET

    VEVEY, Switzerland— Some 200 companies on Thursday pledged to create new work and training opportunities for Europe's young jobseekers, of which one out of four is unemployed.

  • Hyundai to pay $10B for land in Gangnam district Thursday, 18 Sep 2014 | 1:37 AM ET

    SEOUL, South Korea— A consortium led by Hyundai Motor Co. offered more than $10 billion for land in Seoul's tony Gangnam district where it will build a new headquarters.

  • Scotland's independence vote puts UK union on edge Thursday, 18 Sep 2014 | 1:02 AM ET

    The entire United Kingdom will find out just how hard if Scotland chooses independence in Thursday's vote. The issues range from whether Scotland will use the pound as its currency to how much U.K. debt it should take on to how the military will be split up— and the results will affect all of the U.K.' s 64 million people, not just the 5.3 million in Scotland.

  • DIARY - Top Economic Events to Sept 30 Wednesday, 17 Sep 2014 | 8:01 PM ET

    DALLAS- Federal Reserve Bank of Dallas President Richard Fisher moderates panel, "Perspectives on the Fed's Role in International Crises" before a conference hosted by the Federal Reserve Bank of Dallas- 2100 GMT.

  • *Sulzer worth $4.6 bln, Dresser-Rand worth $5.6 bln. Sept 17- Swiss pump maker Sulzer said on Wednesday it is in talks on a potential combination with U.S. compressor and turbine maker Dresser-Rand, a deal that would create a machinery company with a combined market valuation exceeding $10 billion.

  • CHICAGO, Sept 17- Chicago Board of Trade soybeans and wheat firmed slightly on Wednesday as bargain hunters stepped into the market to provide a boost to commodities that were trending near four-year lows, traders said. "The new crop is going to overwhelm the balance tables," Matt Zeller, director of market information at INTL FCStone, said in a note to clients.

  • *Smiths Group falls after slump in operating profit. LONDON, Sept 17- European equities advanced in cautious trading on Wednesday on expectations that the U.S. Britain's blue-chip FTSE 100 index closed down 0.2 percent, against a 0.4 percent gain for the FTSEurofirst 300 index of top European shares to 1,385.09 points.

  • Investors buy German debt at negative rates Wednesday, 17 Sep 2014 | 12:20 PM ET

    Germany auctioned 3.34 billion euros Wednesday in two-year notes at an average yield of minus 0.07 percent. Expectation the European Central Bank will buy bonds has also driven down yields, which move opposite to prices. The European Central Bank has slashed its interest rate benchmarks in an attempt to spur growth and lift inflation.

  • PARIS, Sept 17- Thousands of French "notaires" held what they said were their first-ever street protests in Paris and Marseille on Wednesday to challenge plans by President Francois Hollande to deregulate their activities.

  • *OPEC meets on Nov. 27 to set policy. DUBAI/ LONDON, Sept 17- OPEC may not need to cut its oil output target at a meeting in November, a Gulf OPEC delegate and other OPEC sources said on Wednesday, as strengthening demand in coming winter months should support oil prices that have fallen below $100 a barrel.

  • Insurers turn to big data to help identify risks Wednesday, 17 Sep 2014 | 10:48 AM ET

    MONACO, Sept 17- Insurance companies are increasingly turning to "big data" from satellites, social media and even cigarette sales at gas stations to help identify risks and build up customer profiles. Hamilton Re, a new Bermuda- based reinsurer, hopes that heavy data-crunching technology will give it an advantage over rivals and boost its bottom line.

  • European shares rise as Fed statement seen less hawkish Wednesday, 17 Sep 2014 | 10:45 AM ET

    *Smiths Group falls after slump in operating profit. LONDON, Sept 17- European equities advanced in cautious trading on Wednesday on expectations that the U.S. Britain's blue-chip FTSE 100 index was down 0.1 percent, against a 0.5 percent gain for the FTSEurofirst 300 index of top European shares to 1,386.31 points by 1405 GMT.

  • Exodus hits U.S. law firm Bingham amid merger talks Wednesday, 17 Sep 2014 | 9:37 AM ET

    Sept 17- Twenty-two partners have jumped ship en masse from Bingham McCutchen's marquee restructuring practice, raising questions about the fate of the law firm's closely watched merger talks with the larger Morgan Lewis& Bockius.

  • South Africa's richest man Johann Rupert has a track record of leading Swiss-based Richemont through difficult times and his comeback at the company's annual general meeting in Geneva provided some comfort for investors.