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  • LONDON, Jan 22- The British government plans to introduce a law before May forcing tobacco firms to sell cigarettes in plain packets without branding in England, ending years of debate and lobbying. The move, aimed at improving public health and cutting the number of child smokers, is likely to crimp tobacco firms' profits and would emulate Australia, which two...

  • *ECB takes QE plunge with plan worth more than 1 trillion euros. *European shares hit seven-year high, Wall Street seen higher. LONDON, Jan 22- European shares climbed to a seven-year high and the euro fell to an 11- year low on Thursday, as world markets cheered the European Central Bank's plans for a stimulus programme worth more than 1 trillion euros.

  • LONDON, Jan 22- Copper slipped on Thursday from one-week highs hit the session before as oversupply in the market was highlighted by climbing inventories and as consumers waited for weaker prices. Copper inventories on the London Metal Exchange rose 5,925 tonnes on Thursday to 225,375 tonnes, bringing the increase this month to 27 percent.

  • *Euro starts steady in Europe ahead of ECB decision. LONDON, Jan 22- The euro held fast more than a cent above 11- year lows ahead of a European Central Bank policy meeting on Thursday widely expected to embark on the outright money-printing the bank has steadfastly avoided, in contrast to its peers. "The market is convinced the euro will continue to fall, but that the...

  • The Brookings Institution and JPMorgan Chase ranked 300 major cities worldwide for economic performance last year.

  • DIARY- Top Economic Events to Feb 5 Wednesday, 21 Jan 2015 | 7:01 PM ET

    EDINBURGH, Scotland- Bank of England monetary policy committee member David Miles gives a speech at University of Edinburgh on "What can monetary policy do?" LONDON- Bank of England regulator Paul Fisher speaks at the Westminster Business Forum Insurance event- 0925 GMT. LONDON- Bank of England regulator Andrew Gracie gives speech at cyber-security conference...

  • SHANGHAI, Jan 22- Lennon Yu may be Beijing's worst nightmare: the 24- year-old is willing to wait for car prices to fall before buying. This mindset, if it becomes widespread, could threaten to trap China's cooling economy in a deflationary rut. The Reuters analysis looked at just under 50 firms which make up the CSI300 Consumer Discretionary index, a mix of Shanghai-...

  • VANCOUVER/ TORONTO, Jan 21- The New Year's rally in gold stocks offers a respite for the beaten-down sector, but it masks deep-seated problems of bloated debt, weak growth prospects and overvalued assets that will emerge when miners post year-end results in coming weeks. Even if bullion's recent rally persists- it is up 9 percent this year to $1,290 an ounce-...

  • *Sydney, London, Frankfurt among global yuan trading centers. DAVOS/ ZURICH, Jan 21- Switzerland's central bank said on Wednesday it had agreed with the People's Bank of China to establish clearing arrangements in Switzerland for renminbi trading and extend a pilot scheme for clients of Swiss banks. China's central bank has already chosen Sydney, Seoul, Paris,...

  • *Sydney, London, Frankfurt among global yuan trading centers. ZURICH, Jan 21- Switzerland's central bank said on Wednesday it has agreed with the People's Bank of China to establish clearing arrangements in Switzerland for renminbi trading and extend a pilot scheme for clients of Swiss banks. China's central bank has already chosen Sydney, Seoul, Paris,...

  • METALS-Copper edges lower, ECB policy meeting in focus Wednesday, 21 Jan 2015 | 5:48 AM ET

    *Copper down 10 pct in year-to-date. LONDON, Jan 21- Copper prices dipped on Wednesday, under pressure from the uncertain outlook for demand from top consumer China, with investors also eyeing the outcome of this week's European Central Bank policy meeting for signs of stimulus measures. The European economy is "on the brink of deflating" and urgently needs more...

  • LONDON, Jan 21- The yen rebounded against the dollar on Wednesday after the Bank of Japan stood pat on monetary policy, as speculators who had anticipated more easing unwound bets on a weaker currency. "The reason the yen is holding up pretty well is on the back of the BOJ and the fact that they haven't taken any additional action despite the fact that they've brought...

  • WELLINGTON, New Zealand— Staying hidden behind sea ice and large waves, sailors aboard a navy patrol boat from New Zealand sneaked up on three suspected poaching ships, then took photos and video of the fishermen hauling in prized fish in banned nets from the ocean near Antarctica. It is a huge illegal business: Each of the ships could hold more than $1 million worth...

  • *Gold hits 5- month high. TOKYO, Jan 21- Asian shares held firm and the euro stayed under pressure on Wednesday as investors counted on the European Central Bank to unveil a stimulus drive, while the yen jumped after the Bank of Japan left policy unchanged. MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.1 percent to hit its highest level in six...

  • TOKYO, Jan 21- Asian shares held firm and the euro stayed under pressure on Wednesday as investors counted on the European Central Bank to unveil a stimulus drive, while the yen was subdued ahead of the Bank of Japan's policy announcement later in the Asian day. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 percent, although Japan's Nikkei...

  • Jan 20- Netflix Inc added 4.3 million net subscribers to its TV and movie streaming service worldwide in the fourth quarter, helped by expansion into new markets, sending its shares soaring in after market trading. Netflix said it would offer the "controversial comedy" movie "The Interview" to U.S. and Canadian subscribers beginning Jan. 24. Netflix, which plans to...

  • *Wall Street dips, as healthcare shares fall. *China data, QE prospects lift European shares. Crude oil prices fell after the International Monetary Fund cut its 2015 global economic forecast on lower fuel demand and key producer Iran hinted that prices could drop to $25 a barrel without supportive OPEC action.

  • *China Q4 growth 7.3 percent, beats forecasts. LONDON, Jan 20- Copper and other base metals rose on Tuesday after China reported its economy had not slowed as much as many had feared, and as investors began to reassess whether this year's steep losses were justified. China reported growth of 7.3 percent for 2014, just pipping forecasts of 7.2 percent growth.

  • *China data, QE prospects lift European shares. *China slows less than expected, IMF cuts global outlook. LONDON, Jan 20- Shares rose on Tuesday and the dollar gained 1 percent against the yen after China said its economy had not slowed as much as many in markets had feared.

  • *Europe shares follow Asia higher after China data. *China Q4 growth 7.3 percent, beats forecasts. LONDON, Jan 20- Shares in Europe and Asia rose on Tuesday and the dollar strengthened after China said its economy had not slowed as much as many in markets had feared.