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NEW YORK, Dec 12- Gold tumbled 2 percent on Thursday as upbeat U.S. retail sales data stoked expectations of a cut soon in the Federal Reserve's stimulus program, and natural gas prices rose for a fourth straight day as colder weather gripped the United States. Coffee and silver were among other commodities that posted major price moves.
*SPDR Gold Trust holdings drop, investment demand lags. NEW YORK/ LONDON, Dec 12- Gold prices fell 2 percent on Thursday as upbeat U.S. retail sales data boosted the dollar and stoked expectations that the Federal Reserve could reduce its bond-buying stimulus soon. Silver slid 4 percent, while platinum group metals also fell sharply.
BEIJING, Dec 13- A China state television investigative report accusing Starbucks of overcharging local customers for coffee triggered enormous disquiet among journalists at the network and even some soul-searching after it aired.
CHICAGO-- Grain futures were mostly lower Thursday on the Chicago Board of Trade. Wheat for March delivery fell 7 cents to $6.3375 a bushel; March corn were 5 cents lower at 4.3425 a bushel; March oats were 6.75 cents higher at $3.5175 a bushel; while January soybeans declined 20.25 cents $13.2375 a bushel.
*SPDR Gold Trust holdings drop, investment demand lags. NEW YORK/ LONDON, Dec 12- Gold prices fell two percent on Thursday as upbeat U.S. retail sales data boosted the dollar and stoked expectations that the Federal Reserve could reduce its bond-buying stimulus soon.
CHICAGO-- Grain futures were lower Thursday in early trading on the Chicago Board of Trade. Wheat for March delivery was 6.50 cents lower at 6.3425 a bushel; March corn was 7 cents lower at 4.3225 a bushel; March oats were unchanged at $3.45 a bushel; while January soybeans loss 16 cents to 13.28 a bushel.
SAN ANTONIO-- Tens of thousands of women each year might be able to skip at least some of the grueling treatments for breast cancer _ which can include surgery, heavy chemo and radiation _ without greatly harming their odds of survival, new research suggests. The research is aimed at curbing overtreatment, a big problem in cancer care.
FDA on Wednesday outlined a proposal that would help reduce the use of some antibiotics in animal production to counter bacterial resistance to those drugs when they are prescribed for humans. *It appears FDA aims to halt or curtail the use of antibiotics for weight gain, Chicago- based Daniels Trading commodities broker Craig Turner told Reuters.
NEW YORK, Dec 11- Natural gas futures hit 7- month highs on Wednesday after cold weather forecasts bumped up expectations for heating demand in the United States, while U.S. crude prices tumbled on a report showing a build in gasoline inventories. Copper rose for a fourth straight session in London, hitting a one-month high together with zinc.
NEW YORK, Dec 11- Brent oil rose on supply concerns as traders remained skeptical that Libyan oil exports would resume while U.S. crude fell after government data showed large builds in refined oil products, suggesting sluggish oil demand.
*Two new pipelines set to drain oil from Cushing. NEW YORK, Dec 11- Crude oil futures prices fell on both sides of the Atlantic as a U.S. inventory report showed a build in gasoline stocks and Libya said its ports could reopen by the weekend, raising the prospect of more crude in the world market.
NEW YORK, Dec 11- At the Henley Vaporium, one of a growing number of e-cigarette lounges sprouting up in New York and other U.S. cities, patrons can indulge in their choice of more than 90 flavors of nicotine-infused vapor, ranging from bacon to bubble gum.
*China 2013 corn output seen record high-CNGOIC. BEIJING, Dec 11- China has blocked the entry of another U.S. corn cargo, and three more may be turned away, after tests found a strain of unapproved genetically-modified corn.
LONDON, Dec 11- Oil rose above $109 a barrel on Wednesday, erasing earlier losses after closely-watched U.S. inventory data showed the biggest draw on crude oil stocks this year.
CHICAGO-- Grain futures were mixed Wednesday in early trading on the Chicago Board of Trade. Wheat for March delivery was unchanged at 6.3875 a bushel; March corn was 1.50 cents higher at 4.3750 a bushel; March oats were unchanged at $3.36 a bushel; while January soybeans loss 1.75 cents to 13.3750 a bushel.
Dec 11- Southwest Airlines Co plans to bid aggressively for takeoff and landing rights at Reagan National Airport near Washington, as it looks to bring more competition to the nation's capital, a senior company executive said.
CHICAGO-- Grain futures were mostly lower Tuesday on the Chicago Board of Trade. Wheat for March delivery declined 11.75 cent to $6.3875 a bushel; March corn were 2 cents lower at 4.36 a bushel; March oats were 3.75 cents higher at $3.36 a bushel; while January soybeans fell 5.50 cents $13.3825 a bushel.
*Protest group in Libya discusses possible end to blockade. *WTI-Brent spread narrows as TransCanada fills pipeline. (Updates prices to settlement, adds Libya development).