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  • MOSCOW, Nov 17- Russian stocks saw a small bounce on Monday, while the rouble was steady, after the European Union decided not to impose more sanctions against Russia for now over Moscow's actions in Ukraine. EU foreign ministers agreed to put more Russia- backed Ukrainian separatists on their sanctions list, but did not extend measures against Russia itself.

  • *Iran attacks OPEC members for refusing to stabilize oil prices. LONDON, Nov 17- Brent crude fell below $79 a barrel on Monday after Japan, the world's fourth-biggest crude importer, slipped into recession and as Saudi Arabia reiterated the oil price should be left to supply and demand. Brent crude was down 73 cents to $78.68 a barrel at 1455 GMT, after dipping as low...

  • MOSCOW, Nov 17- The Russian rouble weakened on Monday morning, dragged down by falling oil prices and fears of new European Union sanctions against Russia. The price of oil, Russia's major export, softened on Monday following a rally on Friday, with Brent down over $1 at just over $78 a barrel after the International Energy Agency on Friday said it expected downward...

  • Iran attacks OPEC members for refusing to stabilise oil prices. SINGAPORE, Nov 17- Brent crude fell more than $1 to near $78 a barrel on Monday following news that Japan, the world's fourth-biggest crude importer, had slipped into recession and after comments from the West's energy watchdog that a return to high oil prices was unlikely soon.

  • *Iran attacks OPEC members for refusing to stabilise oil prices. SINGAPORE, Nov 17- Brent crude fell to around $79 a barrel on Monday following news Japan, the world's fourth-biggest crude importer, had slipped into recession and after comments from the West's energy watchdog that a return to high oil prices was unlikely soon. All eyes remain on possible OPEC...

  • Brent slips to $79 as Japan enters recession Sunday, 16 Nov 2014 | 10:52 PM ET

    *Iran attacks OPEC members for refusing to stabilize oil prices. SINGAPORE, Nov 17- Brent crude fell to $79 a barrel on Monday following news Japan, the world's fourth-biggest crude importer, had slipped into recession and after comments from the West's energy watchdog that a return to high oil prices was unlikely soon. "This is another knock on crude oil prices,...

  • BRISBANE, Australia, Nov 15- Efforts by the world's 20 major economies in boosting economic growth by a 2.1 percent target could deliver "spillovers" for smaller nations, The Australian newspaper reported on Saturday, citing a draft copy of the G20 Brisbane Action Plan. The newspaper said the draft statement promises that non-G20 economies would grow a further...

  • BRUSSELS, Nov 14- Etihad Airways secured European Union approval on Friday to acquire 49 percent of loss-making Italian airline Alitalia, the latest in a series of acquisitions made by the Abu Dhabi- based airline to expand its network around the world. For Etihad, which already has minority stakes in Air Berlin, Aer Lingus, Virgin Australia, Air Serbia and...

  • *OPEC meets on Nov. 27. LONDON, Nov 14- Oil rose to $79 a barrel on Friday having earlier hit a four-year low, supported by speculation that the prospect of even lower prices may nudge OPEC producers towards cutting output at a meeting in two weeks. The International Energy Agency, which usually refrains from predicting oil prices, said in its monthly report that...

  • *OPEC meets on Nov. 27, traders sceptical group will act. LONDON, Nov 14- Oil traded above $78 a barrel on Friday having earlier hit a four-year low, pressured by excess supply and scepticism that OPEC producers will agree to cut output when they meet in Vienna in two weeks' time. The International Energy Agency, which usually refrains from predicting oil prices, said in...

  • *Starbucks says confident will be cleared. BRUSSELS/ LONDON, Nov 14- A tax deal the Netherlands cut with Starbucks Corp may be illegal state aid, European Union regulators said on Friday, part of a crackdown on members attracting investment by helping companies to avoid tax. The European Commission said it suspects the Dutch tax ruling allows Starbucks, the...

  • LONDON, Nov 14- "As a result of the fall in demand and the rise in non- OPEC supplies, we recognised too late that oil was overpriced, that it had reached an unwarrantably high level, destroying the state of virtual equilibrium between supply and demand," the Saudi oil minister told his audience. Those words could have been spoken by the current oil minister, Ali Al-Naimi,...

  • *OPEC meets on Nov. 27, traders sceptical group will act. LONDON, Nov 14- Oil edged up from an early four-year low below $77 a barrel on Friday, when it had been pressured by excess supply and scepticism that OPEC would cut output at a meeting in two weeks. The International Energy Agency, which usually refrains from predicting oil prices, said in its monthly report that...

  • *OPEC meets on Nov. 27, traders sceptical group will act. LONDON, Nov 14- Oil sank to a four-year low below $77 a barrel on Friday, pressured by excess supply and scepticism that OPEC would cut output at a meeting in two weeks. The International Energy Agency, which typically refrains from predicting oil prices, said in its monthly report that prices could fall further...

  • *IEA sees pressure increasing on OPEC to cut output. *IEA cuts estimate of demand for OPEC oil in 2015. "Pressure on OPEC to reduce production is building, but at the time of writing there appeared to be no clear consensus on a formal supply cut ahead of its meeting in Vienna later this month," said the IEA, which represent industrialised nations.

  • UPDATE 1-WTO sees global trade pact within two weeks Friday, 14 Nov 2014 | 4:29 AM ET

    BRISBANE, Australia, Nov 14- The World Trade Organization said on Friday there was a "high probability" that a major deal on streamlining global customs rules will be implemented within two weeks after India and the United States overcame a key impasse. India and the United States settled a dispute on Thursday that had paralysed the WTO and risked derailing the...

  • *IEA sees pressure increasing on OPEC to cut output. *IEA cuts estimate of demand for OPEC oil in 2015. "Pressure on OPEC to reduce production is building, but at the time of writing there appeared to be no clear consensus on a formal supply cut ahead of its meeting in Vienna later this month," said the IEA, which represent industrialised nations.

  • WTO sees global trade pact within two weeks Friday, 14 Nov 2014 | 3:59 AM ET

    BRISBANE, Australia, Nov 14- The World Trade Organization said on Friday there was a "high probability" that a major deal on streamlining global customs rules will be implemented within two weeks after an agreement was reached between India and the United States to overcome a key impasse. "I would say that we have a high probability that the Bali package will be...

  • BRISBANE, Australia, Nov 14- The OECD said on Friday the plans of G20 nations to boost the world economy could beat their target of adding 2 percentage points to global growth by 2018, though geopolitical risks such as Ukraine and Ebola were mounting. Angel Gurria, the secretary-general of the Paris- based Organisation for Economic Co-operation and Development,...

  • *Volatility to continue ahead of Nov. 27 OPEC meeting- analyst. SINGAPORE, Nov 14- Brent crude held near a four-year low just above $77 a barrel on Friday amid concerns over excess supply and uncertainty over whether OPEC would cut output at a meeting in two weeks. "We've got a period of very heightened volatility in the lead-up to the Nov. 27 OPEC meeting," said Mark...