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  • U.S. wholesale inventories rise in November, sales up Friday, 10 Jan 2014 | 10:00 AM ET

    WASHINGTON, Jan 10- U.S. wholesale inventories rose a bit more than expected in November, suggesting that restocking would probably contribute to economic growth in the fourth quarter. The Commerce Department said on Friday wholesale inventories increased 0.5 percent after a revised 1.3 percent rise in October.

  • mid-Nov@ SYDNEY, Jan 10- London copper edged higher on Friday ahead of key China trade data and jobs figures from the United States, but was set to log its biggest weekly fall since mid-November on worries of moderating growth in top consumer China. *Copper slid to its weakest since Dec. 19 at $7,209 on Thursday in its biggest one day fall since November.

  • SYDNEY, Jan 10- London copper edged higher on Friday ahead of key China trade data and jobs figures from the United States, but was set to log its biggest weekly loss since mid September on worries of moderating growth in top consumer China. *Copper slid to its weakest since Dec. 19 at $7,209 on Thursday in its biggest one day fall since November.

  • SINGAPORE, Jan 10- U.S. crude futures rose above $92 a barrel in early Asian trading on Friday, after touching an eight-month low in the previous session, pulled down by a drop in demand for heating oil and speculation over withdrawal of stimulus money. *U.S. crude for February delivery rose 73 cents to $92.39 per barrel at 0028 GMT.

  • FRANKFURT, Jan 9- U.S. drugs wholesaler McKesson raised its offer for German peer Celesio to about 6.2 billion euros including debt, mollifying an activist hedge fund that had been blocking the deal. McKesson increased its bid to 23.50 euros per Celesio share from the 23 euros it offered in October, the San Francisco- based company said on Thursday.

  • WELLINGTON/ PARIS, Jan 9- French food group Danone said it would sue dairy exporter Fonterra and cut its supply contract with the New Zealand firm following a false alert that sparked the recall of infant formula across Asia.

  • NEW YORK, Jan 2- Sales of the U.S. Mint spokesman Michael White said. Thursday's sales represent a quarter of the total in the entire month of January 2013.

  • *U.S. sale of $30 billion three-year notes is well bid. NEW YORK, Dec 10- U.S. "A lot of people are short and you're seeing some end-of-year buying taking place," said Wilmer Stith, portfolio manager of the Wilmington Broad Market Bond Fund.

  • WASHINGTON, Dec 10- U.S. wholesale inventories rose more than expected in October, showing little sign of businesses pulling back after they aggressively accumulated stock in the third quarter. The Commerce Department said on Tuesday wholesale inventories increased 1.4 percent after a revised 0.5 percent rise in September.

  • U.S. wholesale inventories exceed expectations in Oct Tuesday, 10 Dec 2013 | 10:09 AM ET

    WASHINGTON, Dec 10- U.S. wholesale inventories rose more than expected in October, showing little sign of businesses pulling back after they aggressively accumulated stock in the third quarter. The Commerce Department said on Tuesday wholesale inventories increased 1.4 percent after a revised 0.5 percent rise in September.

  • SINGAPORE, Dec 10- London copper held close to one-month highs on Tuesday as expectations that the Federal Reserve could soon start tapering its economic stimulus undermined the dollar, while steady consumer buying from China put a floor under prices.

  • SINGAPORE, Dec 10- U.S. crude futures edged up on Tuesday, holding above $97 a barrel, on expectations of a second weekly drop in crude inventories in the United States. *Iranian Foreign Minister Javad Zarif said the Iranian nuclear deal would be dead if the U.S. Congress imposes new sanctions, even if they do not take effect for six months, Time Magazine said.

  • PRECIOUS-Gold slips on taper worries, Fed in focus Monday, 9 Dec 2013 | 7:35 PM ET

    SINGAPORE, Dec 10- Gold got off to a shaky start on Tuesday after gaining 1 percent in the previous session, as investors turned their attention to a Federal Reserve policy meeting next week that could provide clues on the outlook for the bank's stimulus. *Spot gold had fallen 0.2 percent to $1,237.94 an ounce by 0020 GMT.

  • NEW YORK/ LONDON, Dec 6- Gold trimmed gains to end slightly higher on Friday, as better-than-expected U.S. jobs data reinforced fears that the U.S. "Now definitely a lot of people are thinking... more aggressive tapering could be on the table," said Frank McGhee, head precious metals dealer at Chicago commodities brokerage Alliance Financial LLC.

  • McKesson launches tender offer for Celesio Thursday, 5 Dec 2013 | 3:18 AM ET

    Dec 5- McKesson Corp said it launched a tender offer to buy outstanding shares of German peer Celesio, as the largest U.S. drugs wholesaler moves ahead to prevent hedge fund Elliott International from potentially blocking the multi-billion dollar deal.

  • *New fuel price policy announced but details scarce. RIO DE JANEIRO, Nov 29- Brazil's state-run oil company, Petroleo Brasileiro SA, said on Friday it will raise the wholesale price of gasoline by 4 percent and diesel by 8 percent to cut losses and bring domestic fuel costs closer to international levels.

  • *China slowdown, higher advertising to weigh on H2. The maker of Remy Martin cognac, Cointreau liqueur and Mount Gay Rum said wholesalers in China were still running down high inventories and it did not know when demand could pick up, with sales prospects for the Chinese New Year in February looking bleak.

  • U.S. wholesale inventories rise in line with forecasts Friday, 15 Nov 2013 | 10:00 AM ET

    WASHINGTON, Nov 15- U.S. wholesale inventories rose in line with expectations in September, reinforcing the view that much of the strength in economic growth during the third quarter came from businesses restocking their shelves.

  • *Amazon and Microsoft rally after results, lifting Nasdaq. Microsoft Corp was the leading point gainer on the Dow, Nasdaq and S&P 500 as profit and revenue reported late Thursday exceeded expectations, sending shares up 5.9 percent to $35.72.

  • WASHINGTON, Oct 25- Orders for a wide range of U.S.-made capital goods plummeted in September and consumer sentiment weakened sharply in October, signs that a budget battle in Washington has held back the economy. That could be a sign businesses were shutting their wallets as the fiscal debate was heating up in Washington.

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