Discussing the future relationship between the U.S. and China, with CNBC's Michelle Caruso-Cabrera.» Read More
*Gap Inc's Athleta targets 50 U.S. stores by end of 2013. TORONTO, Dec 7- When Lululemon Athletica Inc opened its first U.S. shop in 2003, its form-fitting yoga pants, free classes and Pacific Northwest vibe were a revelation to its new American customers. Montreal- based Lolë, Gap Inc's Athleta and others are expanding aggressively in the United States.
NEW YORK, Dec 7- For brokerage firms, there's a fine line between aggressively recruiting financial advisers and raiding the competition- a difference that could cost millions of dollars.
LONDON/ SINGAPORE, Dec 7- Copper was little changed on Friday as investors were cautious ahead of jobs data from the United States which might have an impact on U.S. talks to avert a looming fiscal crisis.
The U.S. government's energy agency has adopted North Sea Brent crude as its benchmark for oil forecasts, dropping its domestic benchmark.
LONDON, Dec 7- The U.S. government's energy agency has adopted North Sea Brent crude as its benchmark for oil forecasts, dropping its domestic benchmark, saying it no longer reflects the price paid for oil by U.S. refineries.
*China data expected to show growth recovery. LONDON, Dec 7- Oil edged above $107 a barrel on Friday supported by expectations of a recovery in Chinese economic growth, although concern about weakness in Europe and the United States kept prices on course for a weekly decline.
*Xiaomi's Lei Jun dismisses notion of copying Apple. Less than three years after its founding, the smartphone maker is valued at $4 billion and evokes Apple- like adoration from its fans, some of whom are desperate enough to skip work for a shot at buying the latest product the day it goes on sale.
LONDON, Dec 7- The bleak outlook for the European economy knocked the euro and stalled gains the region's share markets on Friday, as investors waited to see if nonfarm payrolls data in the United States might affect its monetary policy plans.
*Term TC/RC deals seen settling at $70 and 7 cents- Macquarie. SINGAPORE, Dec 7- London copper was steady on Friday, and was set to close the week little changed, as traders focused on the progress in U.S. talks to avert a looming fiscal crisis while also waiting for a crucial jobs report from the world's largest economy.
HONG KONG, Dec 7- Shares in Chinese state-owned insurer PICC Group surged nearly 8 percent in its Hong Kong trading debut on Friday, a rare bright spot in an otherwise dismal year for initial public offerings in the city and most other big regional markets.
*Nikkei holds above 9,500 mark for 2nd day in row. TOKYO, Dec 7- Japan's Nikkei share average ended slightly lower on Friday, coming off a seven-month high, as profit-taking kicked in on a near month-long rally that has been inspired by yen weakness on expectations of bold central bank action.
SINGAPORE, Dec 7- Brent crude steadied above $107 per barrel on Friday, but prices were headed for their biggest weekly loss in more than a month on worries about the euro zone economy and a looming fiscal crisis in the United States, the world's top oil consumer.
A monthly gauge of online labor demand in the United States rose in November from October, and was up 7 percent from a year ago, the operator of a job search website said on Friday.
TOKYO, Dec 7- Asian shares touched fresh 16- month highs on Friday as investors awaited U.S. nonfarm payrolls data due later in the day, with sentiment underpinned by signs that China's economy is stabilising.
Michael Yoshikami, CEO and founder of Destination Wealth Management, tells CNBC that he believes the US job numbers will be positive and the unemployment rate will slowly decrease.
SAN FRANCISCO, Dec 7- When he started looking around for start-ups in which to invest, Dan Scheinman noticed something: twenty-something entrepreneurs building Internet companies usually had a much easier time lining up early financing from venture capitalists compared to their forty- and fifty- something counterparts.
*Euro extends post-ECB fall; Germany cuts growth outlook. NEW YORK, Dec 7- The dollar edged higher against the euro on Friday after a government report showed U.S. employment grew more than expected in November, but the less-encouraging details limited gains.
NEW YORK, Dec 7- The S&P 500 and the Nasdaq slipped on Friday after consumer sentiment unexpectedly dipped, dampening early enthusiasm from a better-than-expected employment report. The Thomson Reuters/ University of Michigan's preliminary consumer sentiment index plunged to 74.5 in early December, the lowest level since August.
SINGAPORE, Dec 7- Brent crude steadied above $107 per barrel on Friday, but prices were headed for their biggest weekly loss since October on worries about the euro zone economy and a looming fiscal crisis in the United States, the world's top oil consumer.
ATHENS, Dec 7- Greece's five biggest banks said they would take part in the country's debt buyback which expires on Friday, putting Athens on track to meet targets set by international lenders.