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  • Development banks pledge to step up climate action Thursday, 11 Sep 2014 | 7:35 AM ET

    *Statement comes before Ban summit in New York on Sept. 23. Secretary-General Ban Ki- moon in New York, the World Bank and other banks said they had delivered $75 billion in financing since they started joint tracking of funds in 2011..

  • *OPEC predicts 1 million bpd supply surplus in 2015. LONDON, Sept 11- Brent crude dropped to a two-year low below $97 a barrel on Thursday, falling for a sixth straight session as worries over mounting supply and weak demand outweighed concerns that conflicts in the Middle East could curb oil production.

  • *OPEC predicts 1 million bpd supply surplus in 2015. LONDON, Sept 11- Brent crude fell to a 17- month low below $98 a barrel on Thursday, down for the sixth straight session as worries over ample supply and weak demand outweighed concerns that conflict in the Middle East could curb oil production.

  • DIARY - Top economic Events to Sept 23 Wednesday, 10 Sep 2014 | 8:01 PM ET

    WELLINGTON- Reserve Bank of New Zealand announces Monetary Policy Statement and Official Cash Rate. Speakers:- Latvia Prime Minister Laimdota Straujuma, OECD Secretary-General Angel Gurria, Norway Defense Minister Eriksen Soreide, Georgia Foreign Minister Maia Panjikidze and Poland Defense Minister Tomasz Siemoniak.

  • *Russia's United Aircraft Corporation on the sanctions list. BRUSSELS/ BERLIN, Sept 10- European Union envoys failed on Wednesday to reach a decision on whether to implement new sanctions against Russia over military involvement in the war in Ukraine and will meet for talks on Thursday, EU diplomats said.

  • *Saudi says cuts output, but overall OPEC supply rises. NEW YORK, Sept 10- U.S. crude futures fell to a 16- month low and Brent to a 17- month low on Wednesday on rising supply and tepid demand and as OPEC lowered projected demand for its crude and data showed U.S. refined product stocks jumped.

  • *OPEC August output 1.15 mln bpd above 2015 requirement. LONDON, Sept 10- Top oil exporter Saudi Arabia told OPEC it reduced its oil output in August by 400,000 barrels per day, a cutback coinciding with a drop in oil prices towards the kingdom's preferred level of $100 a barrel.

  • *Saudi says cuts output, but overall OPEC supply rises. LONDON, Sept 10- Oil dropped to a 17- month low close to $98 a barrel on Wednesday as rising supplies and weak demand helped extend losses into a fifth session, while OPEC lowered the projected demand for its crude and U.S. product stocks jumped.

  • *Saudi says cuts output, but overall OPEC supply rises. LONDON, Sept 10- Oil dropped to a 17- month low below $99 a barrel on Wednesday as rising supplies and weak demand helped extend losses into a fifth session, while OPEC lowered the projected demand for its crude.

  • LONDON, Sept 10- Top oil exporter Saudi Arabia told OPEC it reduced its oil output in August by 400,000 barrels per day, a cutback coinciding with a drop in oil prices towards the kingdom's preferred level of $100 a barrel.

  • LONDON, Sept 10- Top oil exporter Saudi Arabia told OPEC it reduced its oil output in August by 400,000 barrels per day, a cutback coinciding with a drop in oil prices towards the kingdom's preferred level of $100 a barrel.

  • FACTBOX-The next European Commissioners and their posts Wednesday, 10 Sep 2014 | 6:46 AM ET

    BRUSSELS, Sept 10- European Commission President-elect Jean-Claude Juncker unveiled on Wednesday the next European Union executive for the 2014-2019 period. Below is the roster of the new European Commission:. AUSTRIA: Johannes Hahn, 56, outgoing regional policy commissioner from the center-right.

  • UPDATE 2-France breaks 2015 deficit-cutting promise Wednesday, 10 Sep 2014 | 6:17 AM ET

    *Sapin says France will need more time to rein in public finances. PARIS, Sept 10- France announced on Wednesday it was breaking the latest in a long line of promises to European Union partners to cut its public deficit, conceding it now would take until 2017 to bring its finances in line with EU rules.

  • WASHINGTON, Sept 10- A top U.S. regulator said on Wednesday he would welcome a delay by the European Union that gave more time to resolve a conflict with Washington over making derivatives markets safer.

  • UNITED NATIONS, Sept 9- The 193- member United Nations General Assembly agreed on Tuesday to negotiate and adopt a multilateral legal framework for sovereign debt restructuring processes to improve the global financial system, spurred by Argentina's debt crisis.

  • U.S. falls behind in college competition -OECD Tuesday, 9 Sep 2014 | 1:00 PM ET

    LOS ANGELES, Sept 9- The United States has slipped behind many other countries in college completion and "educational mobility," with fewer young Americans getting more education than their parents, according to the Organization for Economic Cooperation and Development's "Education at a Glance" report.

  • SINGAPORE, Sept 9- Brent crude eased for a fourth straight session on Tuesday but held above $100 a barrel after dropping below that level on the previous day for the first time in 16 months, with prices supported by hopes of production cuts by OPEC.

  • SINGAPORE, Sept 9- U.S. crude futures rose above $93 a barrel on Tuesday, after falling for the past three sessions, amid hopes for a drop in inventories in the world's top oil consumer while fear of OPEC output cuts also underpinned prices. *U.S. crude was up 43 cents at $93.09 by 0119 GMT, after closing down 63 cents at $92.66 a barrel on Monday.

  • NEW YORK, Sept 8- Brent crude fell below $100 a barrel on Monday, the first time in 16 months, before returning to close in three-digit territory but down on the day as fear of OPEC output cuts helped the market recover from weak Chinese and U.S. data.

  • *OPEC delegates blame oversupply for price drop. LONDON/ DUBAI, Sept 8- Oil's slide below $100 a barrel on Monday adds to financial worries for OPEC members, prompting some in the producer group to voice concern about too much oil in the market even if they see the current fall as short lived.