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  • WASHINGTON, March 10- U.S. wholesale inventories unexpectedly rose in January as sales recorded their biggest decline since 2009, pushing the number of months it would take to clear warehouses to its highest level in more than 5-1/ 2 years. The Commerce Department said on Tuesday wholesale inventories increased 0.3 percent. Sales at wholesalers fell 3.1...

  • WASHINGTON, March 10- U.S. wholesale inventories unexpectedly rose in January as sales recorded their biggest decline since 2009, pushing the number of months it would take to clear warehouses to its highest level in more than 5-1/ 2 years. The Commerce Department said on Tuesday wholesale inventories increased 0.3 percent. Sales at wholesalers fell 3.1...

  • *Confidence in China or Europe needed for copper recovery- Citi. LONDON, March 10- Copper fell on Tuesday as the dollar hit multi-year highs against the euro and yen and as data showed increased factory sector deflation in top copper consumer China. Copper has been recovering from 5-1/ 2 year lows touched in January, after which bullish investors came in betting on a...

  • METALS-London copper turns lower as dollar firms Monday, 9 Mar 2015 | 11:51 PM ET

    MELBOURNE, March 10- London copper slipped on Tuesday as a stronger dollar clipped gains from short-covering in the previous session, while traders waited for signs of demand from China, the world's top copper user, after last month's long holiday. But we expect real estate and machinery sectors to be weak near-term, "said analyst Ivan Szpakowski of Citi in Hong...

  • MELBOURNE, March 10- London copper slipped on Tuesday as a stronger dollar clipped short-covering led gains from the previous session, while traders waited on signs of demand from the world's top copper user after last month's long holiday. *Three-month copper on the London Metal Exchange slipped by 0.4 percent to $5,846 a tonne by 0107 GMT, following a 2.2...

  • SINGAPORE, March 10- Gold was stuck near three-month lows on Tuesday on renewed expectations of a mid-year hike in U.S. interest rates and as the dollar scaled a fresh 11- year peak. *Gold took a hit from Friday's strong U.S. nonfarm payrolls data that boosted expectations the Federal Reserve would begin increasing interest rates in June. *Finance experts from...

  • SINGAPORE, March 10- U.S. crude futures were trading slightly below $50 a barrel on Tuesday morning as the dollar traded at a three-month peak, ahead of key data on weekly crude stocks later in the day. *U.S. crude was down 3 cents at $49.97 by 0025 GMT. *Benchmark Brent oil was down 10 cents to $58.43 a barrel.

  • CHICAGO, March 5- Costco Wholesale Corp is working toward eliminating the sale of chicken and meat from other animals raised with antibiotics that are vital to fighting human infections, senior executives at the third-largest U.S. retailer told Reuters on Thursday. The ongoing push by Costco, which sells 80 million rotisserie chickens a year, highlights...

  • *Venerable British firm under threat from nimbler rivals. LONDON, March 4- Shoppers usually blame dowdy clothes and tired stores for the painful decline of Britain's former retail powerhouse Marks& Spencer. "There's a killing to be made if they can serve older women better," said Patsy Perry, a lecturer in fashion marketing at the University of Manchester.

  • WASHINGTON, Feb 10- U.S. wholesale inventories barely rose in December, the latest suggestion that economic growth in the fourth quarter was even slower than initially thought. The litmus test for whether or not the expansion is on track and a solid one is always jobs creation, "said Chris Rupkey, chief financial economist at MUFG Union Bank in New York.

  • The European Commission will introduce a compromise proposal in which Greece should ask for a six-month period to discuss with lenders any pending issues and post-bailout plan according to a report by MNSI, citing unnamed sources. "Clearly the market thinks some resolution's going to come out of this that's going to make bond holders not suffer the...

  • WASHINGTON, Feb 10- U.S. wholesale inventories barely rose in December, the latest suggestion that fourth-quarter growth could be revised lower. Wholesale inventories edged up 0.1 percent as lower crude oil prices weighed on the value of petroleum stocks, the Commerce Department said. U.S. stocks were trading higher on hopes of a deal in Greece's debt...

  • WASHINGTON, Feb 10- U.S. wholesale inventories barely rose in December, the latest suggestion that fourth-quarter growth could be revised lower. The Commerce Department said on Tuesday wholesale inventories edged up 0.1 percent as lower crude oil prices weighed on the value of petroleum stocks. Stocks at wholesalers had increased by an unrevised 0.8 percent...

  • MELBOURNE, Feb 10- London copper edged up on Tuesday, tracking oil's recent recovery, but gains are likely to be capped due to worries about Chinese demand worries as businesses wind down ahead of the Lunar New Year holidays next week. Prices are rebounding from 5-1/ 2 year lows of $5,339.50, hit on Jan 26, but are not expected to gain steam until after Lunar New Year,...

  • *U.S. crude futures for March delivery lost 38 cents at $52.48 a barrel as of 0018 GMT after the contract finished up $1.17, or 2.3 percent, at $52.86 in the previous session. *In the prior session benchmark Brent oil futures for March settled up 54 cents, or nearly 1 percent, at $58.34 a barrel, after rallying to $59.61 at one point. *A poll of five analysts was taken ahead of...

  • SINGAPORE, Feb 10- Gold clung to small overnight gains on Tuesday as worries over Greece's future in the euro zone and a decline in global equities supported the safe-haven metal. *Bullion got a boost on Monday as stock indexes worldwide slipped on fears over Greece and concerns over conflict in Ukraine. President Barack Obama signalled on Monday he will wait for...

  • WASHINGTON, Jan 9- U.S. wholesale inventories recorded their largest increase in seven months in November and October's stocks were revised higher, leading economists to sharply raise their fourth-quarter growth estimates. The Commerce Department said on Friday wholesale inventories rose 0.8 percent, despite an energy price-related decline in the value...

  • *Bed, Bath& Beyond stumbles after results, outlook. NEW YORK, Jan 9- U.S. stocks fell in Friday afternoon trading after of a two-day rally as investors assessed a monthly payrolls report that gave mixed signals on the economy and energy stocks fell alongside another drop in crude prices. "I don't necessarily think the wage decline is such a big deal but what it does tell...

  • *Bed, Bath& Beyond stumbles after results, outlook. Nonfarm payrolls rose in December, topping Wall Street expectations while November's surprising gain was also revised higher. But the one really puzzling thing is the lack of any wage growth and in fact, wage decline, in December, "said David Kelly, chief global strategist for JPMorgan Funds in New York.

  • *Bed, Bath& Beyond stumbles after results, outlook. NEW YORK, Jan 9- U.S. stocks edged lower on Friday, after a two-day rally in equities put the S&P 500 back in positive territory for the new year as investors assessed a stronger-than-expected monthly payrolls report. "What we are seeing is a tug of war between the worries about slowing global growth and whether...