NEW YORK, April 23- A U.S. appeals court has revived a European Union lawsuit accusing R.J. The 2nd U.S. Circuit Court of Appeals in New York said a lower court judge erred in finding that a U.S. anti-racketeering law known as RICO did not cover foreign conduct, barring claims by France, Germany, Italy and 23 other European countries.» Read More
LONDON, Jan 17- In recent weeks Russia has stepped up supplies of military gear to Syria, including armoured vehicles, drones and guided bombs, boosting President Bashar al-Assad just as rebel infighting has weakened the insurgency against him, sources with knowledge of the deliveries say.
*Iran expects OPEC members to cut oil output. LONDON, Jan 17- Brent crude oil reversed early losses on Friday after touching a two-month low near $105 a barrel, but remained on course to finish down for the week as traders assessed the likelihood of a sustained recovery in supply from Libya.
*Iran expects OPEC members to cut oil output. SINGAPORE, Jan 17- Brent crude slipped toward $105 a barrel on Friday as concerns over a rise in supply from Libya and Iran dragged on prices, although an OPEC production cut checked losses.
*Iran expects OPEC members to cut oil output to fit it in. SINGAPORE, Jan 17- Brent crude slipped toward $105 a barrel on Friday as concerns over a rise in supply from Libya and Iran dragged on prices, although an OPEC production cut checked losses.
*U.S. crude for February delivery was up 12 cents at $94.08 a barrel by 0009 GMT, putting the contract on course for a weekly gain of 1.5 percent. *OPEC has lowered its oil output further and is pumping less than this year's global demand for its crude, the exporter group said on Thursday, underlining the toll that outages in Libya and elsewhere are taking on production.
*OPEC says it will lower oil output. NEW YORK, Jan 16- Crude oil futures ended slightly lower in thin trade on Thursday as expectations of more supply from the Middle East and North Africa weighed against news of lower oil output from OPEC. Brent largely held steady between an expected increase in supply from Libya and Iran and OPEC cuts.
*OPEC says it will lower oil output. NEW YORK, Jan 16- Brent oil was steady in thin, choppy trade on Thursday as expectations of more supply from the Middle East and North Africa outweighed news of lower oil output from OPEC.
*Libya, Iraq contribute to lower OPEC supply in December. LONDON, Jan 16- OPEC has lowered its oil output further and is pumping less than this year's global need for its crude, the exporter group said on Thursday, underlining the toll that outages in Libya and elsewhere are taking on production.
*ECB says one-off adjustment in Germany behind the move. BRUSSELS, Jan 16- Euro zone inflation slowed in December, the European Union's statistics office confirmed on Thursday, in what the European Central Bank attributed last week to a one-off change in the method of calculating price growth in Germany.
NEW YORK, Jan 15- Institutional investors managing trillions of dollars should shift their portfolios away from fossil fuel investments toward cleaner energy sources to put a stop to the dangerous rise in global temperatures causing climate change, the United Nations' climate chief said on Wednesday.
The remarks by Chinese Foreign Ministry spokesman Hong Lei were an indirect criticism of the United States, the biggest and most powerful IMF member, where lawmakers failed on Monday to agree on funding measures needed for the reforms to move forward, though Hong did not mention the United States by name.
WASHINGTON, Jan 15- The International Monetary Fund expects global growth to pick up this year, though it should still remain below its potential of about 4 percent, the head of the Fund said on Wednesday. IMF Managing Director Christine Lagarde also warned about the "rising risks" of deflation, as price growth remains below the target of many central banks.
*World Bank lifts growth outlook for first time in three years. LONDON, Jan 15- European shares scaled fresh 5-1/ 2 year highs on Wednesday, buoyed by strong data and a brighter outlook for the global economy, as well as by easing regulatory concerns about euro zone banks.
BRUSSELS, Jan 15- The European Union wants Google to come up with more concessions within weeks if it is to avoid formal charges in an investigation into alleged anti-competitive behaviour, a top official said on Wednesday.
BEIJING, Jan 15- China called on the IMF on Wednesday to stick to a commitment to give emerging markets more power at the world body after U.S. lawmakers set back historic reforms that would give developing countries a greater say.
PARIS, Jan 15- European stocks rose in early trade on Wednesday, with a key benchmark hitting a 5-1/ 2 year high, mirroring gains on Wall Street and in Asia on renewed hopes for global growth.
*World Bank raises forecast for global growth. *Japan's PPC, BHP take holiday from 2014 copper TC/RC term deals. SYDNEY, Jan 15- London copper was steady on Wednesday, with demand easing ahead of the Lunar New Year, but prices were buttressed by improving economic optimism after the World Bank raised its forecast for global growth.
SYDNEY, Jan 15- London copper edged up on Tuesday after the World Bank raised its forecast for global growth for the first time in three years, boosting sentiment and burnishing the outlook for demand. *The most-traded March copper contract on the Shanghai Futures Exchange inched up 0.1 percent to 51,710 yuan a tonne.
WASHINGTON, Jan 14- The World Bank on Tuesday raised its forecast for global growth for the first time in three years as advanced economies started to pick up pace, led by the United States. The bank expected stronger growth in the United States in particular, of 2.8 percent in 2014, from 1.8 percent last year.
LONDON, Jan 14- Curbs on commodity speculation and ultra-fast share trading will be introduced across the European Union under an agreement reached on Tuesday on a broad reform of securities markets.