A New York-based food design agency has envisioned what your grocery store will look like by the year 2065. Fiscal Times reports.» Read More
Germany auctioned 3.34 billion euros Wednesday in two-year notes at an average yield of minus 0.07 percent. Expectation the European Central Bank will buy bonds has also driven down yields, which move opposite to prices. The European Central Bank has slashed its interest rate benchmarks in an attempt to spur growth and lift inflation.
European shares closed largely higher on Wednesday, as investors bet the U.S. Federal Reserve would hold off on hiking interest rates.
*Sellers say holding talks with China on Kurdish oil sales. *A China deal could hurt Baghdad's efforts to halt trades.
*OPEC could trim 2015 output to 29.5 mln bpd- Badri. Brent was down 42 cents at $98.63 a barrel by 1457 GMT, after closing up $2.40 in the previous session, the biggest daily gain since Sept. 3. "It looks like we've got extra oil hanging around- that was the initial shock of the number," said Phil Flynn, an analyst at the Price Futures Group in Chicago.
PARIS, Sept 17- Thousands of French "notaires" held what they said were their first-ever street protests in Paris and Marseille on Wednesday to challenge plans by President Francois Hollande to deregulate their activities.
*OPEC meets on Nov. 27 to set policy. DUBAI/ LONDON, Sept 17- OPEC may not need to cut its oil output target at a meeting in November, a Gulf OPEC delegate and other OPEC sources said on Wednesday, as strengthening demand in coming winter months should support oil prices that have fallen below $100 a barrel.
LONDON, Sept 17- London's trading rooms are gearing up for an extra long shift to cover Scotland's independence referendum and drafting in extra staff, anticipating a surge in activity when the result comes through early on Friday. The vote on whether Scotland should end its 300- year-old union with England was set for a nail-biting finish.
MONACO, Sept 17- Insurance companies are increasingly turning to "big data" from satellites, social media and even cigarette sales at gas stations to help identify risks and build up customer profiles. Hamilton Re, a new Bermuda- based reinsurer, hopes that heavy data-crunching technology will give it an advantage over rivals and boost its bottom line.
NEW YORK, Sept 17- The U.S. dollar edged lower against the euro on Wednesday after data showed U.S. consumer prices fell last month, fueling skepticism that the Federal Reserve will adopt a more hawkish tone in a policy statement later in the session.
*Smiths Group falls after slump in operating profit. LONDON, Sept 17- European equities advanced in cautious trading on Wednesday on expectations that the U.S. Britain's blue-chip FTSE 100 index was down 0.1 percent, against a 0.5 percent gain for the FTSEurofirst 300 index of top European shares to 1,386.31 points by 1405 GMT.
*Mitsubishi, Mitsui, Kogas in talks to buy Europe import capacity. MILAN, Sept 17- Gas buyers nervous of Russia cutting supply are helping solve Europe's problem of too many underused liquefied natural gas terminals, as they seek space at France's Dunkirk plant.
COPENHAGEN, Sept 17- European pension funds could become more, rather than less adventurous in their investment strategies after the European Union introduces tough new rules on capital requirements, if the experience of similar rules in Denmark is any pointer.
NEW YORK, Sept 17- U.S. The Labor Department said its Consumer Price Index dropped 0.2 percent last month as a broad decline in energy prices offset increases in food and shelter costs.
*OPEC could trim 2015 output to 29.5 mln bpd- Badri. LONDON, Sept 17- Brent crude oil steadied at around $99 per barrel on Wednesday, after jumping on Tuesday on hopes the Organization of the Petroleum Exporting Countries would help reduce a global supply glut by cutting output.
PARIS, Sept 17- Airbus Group strategy chief Marwan Lahoud indirectly ruled himself out as the next chief executive of French engine maker Safran on Wednesday, dampening recurring media speculation that he could leave Europe's largest aerospace group.
Independence could put great strain on Scotland's university research, touted as one of the best in the world by the pro-independence camp.
Sept 17- Twenty-two partners have jumped ship en masse from Bingham McCutchen's marquee restructuring practice, raising questions about the fate of the law firm's closely watched merger talks with the larger Morgan Lewis& Bockius.
ISTANBUL, Sept 17- The head of Turkey's Bank Asya has vowed to strengthen its capital base and see off what he described as a systematic campaign to undermine it, warning the attack on his bank could sour foreign investors' views of Turkey.
LONDON, Sept 17- Shares in Russian oil-to-telecoms conglomerate Sistema tumbled on Wednesday after its head Vladimir Yevtushenkov was accused by Russian investigators of money-laundering in connection with the company's acquisition of oil producer Bashneft.
South Africa's richest man Johann Rupert has a track record of leading Swiss-based Richemont through difficult times and his comeback at the company's annual general meeting in Geneva provided some comfort for investors.