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Citigroup is banning some traders from accessing internal chat groups on their Bloomberg terminals, in the latest sign of concern by banks over online security issues.
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*CNOOC wants deepwater expertise to drill in South China Sea. HONG KONG/ NEW YORK Dec 13- CNOOC Ltd's purchase of Canadian energy producer Nexen Inc may prove to be bittersweet if U.S. regulators block the Chinese state-run oil company from taking over Nexen's oilfields in the Gulf of Mexico.
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NEW YORK/ LONDON, Dec 13- Raw sugar and arabica coffee futures on ICE extended their losses and f ell to their lowest levels in more than two years on Thursday, prolonging slides driven by surplus supplies.
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The stagnant negotiations between the White House and U.S. Congress on a budget for next year has limited the bullish response to the U.S.
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TORONTO, Dec 12- Research In Motion said a U.S. federal agency, which recently outlined plans to move away from BlackBerry in favor of Apple Inc's iPhone, is now set to begin testing RIM's new BlackBerry 10 platform and devices.
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*Best Buy surges on report of possible buy offer. NEW YORK, Dec 13- U.S. stocks fell slightly on Thursday, pulling back from six straight days of gains despite a batch of positive economic releases as "fiscal cliff" negotiations in Washington weighed on sentiment.
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NEW YORK, Dec 13- New foreclosures on U.S. homes hit their lowest in nearly six years in November, another sign the nation's housing market is recovering, according to a report on Thursday. Foreclosure starts were filed for the first time on 77,494 properties in November, the lowest since December 2006.
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DHAKA, Dec 11- The Bangladeshi factory producing clothes for Wal-Mart Stores Inc before a November fire that killed 112 workers was operating without a safety licence and had been warned twice to improve conditions there, an emergency services official said.
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NEW YORK, Dec 12- American Airlines creditors want a potential merger with US Airways Group Inc to be an all-stock deal rather than one that pays some claims in cash, three people familiar with the matter said, in a move that underscores confidence in a merged airline.
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Dec 12- Delta Air Lines said on Wednesday that it expected profits in 2013 to top 2012' s profits and it would introduce a plan to return cash to shareholders.
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TORONTO, Dec 12- Shares in Research In Motion surged to their highest close in seven months on Wednesday, after Eric Jackson- a long-time bear on RIM's stock- penned an opinion piece on his now bullish stance on the BlackBerry maker.
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*Fed keeps to $85 bln pace of monthly bond purchases. WASHINGTON, Dec 12- The U.S. Fed officials committed to purchase $45 billion in longer-term Treasuries each month on top of the $40 billion per month in mortgage-backed bonds the U.S. central bank started buying in September.
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*Wheat at 5- mth low, dragged by USDA's Tuesday crop report. NEW YORK, Dec 12- Oil, gold and copper closed up on Wednesday after the Federal Reserve's plans for more monetary stimulus weakened the dollar, boosting commodities that are priced in the currency.
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NEW YORK, Dec 12- In the latest chapter of a U.S. crackdown on insider trading, Tiger Asia Management, an Asia- focused hedge fund run by Sung Kook "Bill" Hwang, pleaded guilty on Wednesday to wire fraud in connection with illegal trading of two Chinese bank stocks, according to federal prosecutors in New Jersey.
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NEW YORK, Dec 12- Unpaid bloggers have lost their bid to get an appeals court to restore a lawsuit contending AOL Inc owes them a cut of the $315 million it spent last year to buy The Huffington Post.
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NEW YORK, Dec 12- Global shares rose and the euro jumped against the dollar on Wednesday after the Federal Reserve ramped up its monetary stimulus and said it would keep benchmark U.S. interest rates near zero until the jobless rate falls sharply.
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*Dow off 0.02 pct; S&P 500 up 0.04 pct; Nasdaq off 0.3 pct. NEW YORK, Dec 12- U.S. stocks ended nearly flat on Wednesday, giving up most of the day's gains after Fed Chairman Ben Bernanke reiterated that monetary policy won't be enough to offset damage from the "fiscal cliff."
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NEW YORK, Dec 12- Treasuries prices fell on Wednesday, with 30- year bonds falling particularly sharply, after the Federal Reserve's announced a new bond-buying program that shifts more of its purchases to the five-year sector.
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*Long-term Treasury purchases to start at $45 bln per month in 2013. NEW YORK, Dec 12- The euro rose against the U.S. dollar on Wednesday, adding to gains after the Federal Reserve, as expected, left benchmark U.S. interest rates unchanged and said it would extend its bond-buying economic stimulus program.
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NEW YORK, Dec 12- Oil prices rose sharply on W ednesday, with Brent crude pushing toward $110 a barrel after the U.S.
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NEW YORK, Dec 12- U.S. stocks ended little changed on Wednesday, giving up most of the day's gains after Federal Reserve Chairman Ben Bernanke reiterated that monetary policy won't be enough to offset damage from the "fiscal cliff." The Dow Jones industrial average unofficially ended down 2.99 points, or 0.02 percent, at 13,245.45.