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  • Sept 5- Starbucks Corp on Friday announced two new types of stores aimed at capturing the growing demand for upscale reserve coffee and a separate test of an "express" store in Manhattan offering speedy service in a city where a " New York minute" is more like a nanosecond.

  • DETROIT, Sept 4- Revenue projections in Detroit's debt adjustment plan will be hard to achieve, but restructuring initiatives will bring in new money and help make Detroit's plan feasible, Detroit's chief financial officer said Thursday in the city's historic bankruptcy hearing.

  • DETROIT, Sept 4- Detroit's chief financial officer took the stand on Thursday as the first witness in the city's historic bankruptcy hearing, testifying that while he believed Detroit's debt adjustment plan can be implemented, it cannot be set in stone.

  • *ECB cuts key interest rates to record lows. LONDON, Sept 4- Most euro zone bond yields and money market rates dropped on Thursday after the European Central Bank cut interest rates and announced plans to buy assets, in a bid to stimulate the faltering euro-zone economy.

  • TORONTO, Sept 3- Manulife Financial Corp said on Wednesday it has agreed to acquire the Canadian operations of Standard Life Plc for about C $4 billion in cash, in a deal that significantly expands the insurer's presence in Quebec.

  • DETROIT, Sept 2- The key hearing on the biggest municipal bankruptcy in U.S. history started on Tuesday in a federal courtroom, where teams of attorneys began laying out arguments over Detroit's plan to adjust $18 billion of its debt.

  • DETROIT, Sept 2 Reuters)- Detroit's plan to recover from bankruptcy includes several blueprints for a new future. "What Detroit needed to start with was a reinvestment program," said James Spiotto, managing director of Chapman Strategic Advisors, a municipal finance consultancy.

  • Borealis buys rest of Dutch plant from DuPont Monday, 1 Sep 2014 | 4:36 AM ET

    VIENNA, Sept 1- Austria's Borealis has bought out partner DuPont's majority stake in a polymers joint venture in the Netherlands, Borealis said on Monday. It gave no financial terms for the transaction, in which Borealis will buy DuPont's 67 percent stake in Speciality Polymers Antwerp N.V..

  • Market Basket back to work     Friday, 29 Aug 2014 | 3:20 PM ET

    Facilities and operations manager at Market Basket Steve Paulenka, and Tom Trainor, Market Basket district grocery supervisor, discuss the resolution of the dispute between cousins Arthur T. and Arthur S. Demoulas which initially cost both men their jobs.

  • Aug 29- Canada's Athabasca Oil Corp said it had closed the sale of its 40 percent interest in the Dover oil sands project to a unit of PetroChina Co Ltd for $1.18 billion. Athabasca said it received $600 million in cash and $584 million in three interest-bearing promissory notes from the unit, Phoenix Energy Holdings Ltd..

  • *Malaysia Airlines to cut staff by 30 pct to 14,000. KUALA LUMPUR, Aug 29- Malaysia Airlines will slash nearly a third of its 20,000 workforce and cut back its global route network as part of a radical 6 billion ringgit restructuring following the devastating impact of two jetliner disasters.

  • PARIS, Aug 29- Russia's top carmaker Avtovaz plans to reduce staff numbers to 30,000 by 2020 from 55,000 to boost competitivity, finance head Evgeny Belinin told France's Les Echos daily business newspaper at the Moscow motor show.

  • *Malaysia Airlines to cut staff by 30 pct to 14,000. KUALA LUMPUR, Aug 29- Malaysia Airlines, the country's loss-making flag carrier, will cut 30 percent of its workforce as part of a sweeping restructuring that will cost 6 billion ringgit, majority investor Khazanah Nasional said.

  • KUALA LUMPUR, Aug 29- Malaysia Airlines will cut 30 percent of its workforce as part of a restructuring that will cost 6 billion ringgit, majority investor Khazanah Nasional said on Friday.

  • *Telefonica wins out with higher bid than Telecom Italia. PARIS, Aug 28- French media company Vivendi picked Telefonica for exclusive talks over the sale of its Brazilian broadband unit GVT, spurning a rival bid from Telecom Italia. Vivendi's decision deals a blow to Telecom Italia.

  • PARIS, Aug 28- French media group Vivendi said it would enter into exclusive talks with Telefonica over the sale of its Brazilian broadband unit GVT, siding with the Spanish group over a rival bid from Telecom Italia.

  • Bankrupt Energy Future will soon propose auction process Wednesday, 27 Aug 2014 | 5:25 PM ET

    Aug 27- Energy Future Holdings, the big Texas power company that filed for bankruptcy in April, said it will present a proposal for auctioning the company after it scrapped an earlier plan to exit Chapter 11 under control of unsecured creditors.

  • Aug 27- A New York- based specialty finance group is ready to loan Detroit as much as $4 billion, double its previous offer, if the bankrupt city uses the masterpieces in its art museum as collateral, according to a new proposal that surfaced this week.

  • NEW YORK, Aug 27- Dow Chemical Co has kicked off processes to sell two of its specialty chemicals subsidiaries that could fetch close to $2 billion combined, according to people familiar with the matter, part of its effort to divest several billion dollars worth of non-core assets by 2015..

  • Bankrupt Detroit offered bigger loan secured by art Wednesday, 27 Aug 2014 | 12:15 PM ET

    Aug 27- A New York- based specialty finance group is ready to loan Detroit as much as $4 billion, double its previous offer, if the bankrupt city uses the masterpieces in its art museum as collateral, according to a new proposal that surfaced this week.