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  • NEW YORK, Aug 14- A federal judge narrowed but refused to dismiss lawsuits by former Elan Corp and Wyeth shareholders seeking to recoup losses from billionaire investor Steven A. Cohen and his firm SAC Capital Advisors LP over insider trading in the drugmakers' stocks.

  • NEW YORK, Aug 13- A billionaire hedge fund manager who has sued to stop Canadian fashion designer Peter Nygård from expanding his Bahamas estate has asked a U.S. court to help him obtain crucial evidence from a whistleblower to help with the litigation.

  • NEW YORK, Aug 13- A billionaire hedge fund manager who has sued to stop Canadian fashion designer Peter Nygård from expanding his Bahamas estate has asked a U.S. court to help him obtain crucial evidence from a whistleblower to help with the litigation.

  • NEW DELHI/ LONDON, Aug 13- Italy's claims that a sale of parts of insolvent Italian steelmaker Lucchini to India's JSW Steel will be concluded within days are premature, a top JSW executive said on Wednesday.

  • BUSINESS-NEWS-SCHEDULE AT 0830 GMT / 4.30 AM ET Wednesday, 13 Aug 2014 | 4:52 AM ET

    FRANKFURT- Germany's biggest utility E.ON posts a 12 percent drop in first-half core profit, hit by a weakening economy in Russia and says it is concerned about the impact of the Ukraine crisis on its most important foreign market.

  • LOS ANGELES, Aug 12- Steve Ballmer, the former head of Microsoft, completed a $2 billion purchase of the Los Angeles Clippers basketball team on Tuesday, ending an ugly saga involving former owner Donald Sterling who was banned for life over racist remarks.

  • NEW YORK, Aug 12- Argentina's holdout creditors and international banks are struggling to strike a deal on the. Citi, Deutsche Bank, HSBC and JP Morgan last week offered the holdouts 40 cents on the dollar for the roughly US $1.66 bn bonds, including interest, they own, and raised that offer to 50 cents on Monday, the sources said.

  • *Recent successes include Spain's Gowex. LONDON, Aug 12- Fund managers are increasingly turning to investigative tactics, detailed accounting analysis and corporate sleuthing in a bid to uncover skeletons in company closets that can offer an investment edge in a low-yield world.

  • Aug 11- Mobile service provider NII Holdings Inc, reporting its ninth quarterly loss in a row, said on Monday it may have to file for bankruptcy after struggling to compete in Brazil and Mexico. The company, which operates in Latin America under the Nextel brand, ended the second quarter with a net debt of $4.8 billion and with $1 billion in cash and investments.

  • JOHANNESBURG, Aug 11- Protesters chanting "Blood on his hands" briefly halted South African Deputy President Cyril Ramaphosa's evidence on Monday at an inquiry into the police shooting of 34 striking mine workers two years ago.

  • JOHANNESBURG, Aug 11- South Africa's Deputy President Cyril Ramaphosa was trying to "prevent further loss of life" when he intervened in a wildcat strike that ended with the police killing 34 miners, he told an inquiry on Monday.

  • VANCOUVER, Aug 8- A massive waste spill at a gold and copper mine in British Columbia could delay, or even derail, other energy and mining projects planned in the famously "green" West Coast Canadian province.

  • TOKYO, Aug 8- SoftBank Corp's billionaire CEO said he chose a "streetfighter" to turn around U.S. carrier Sprint Corp, which faces an uphill battle for growth after abandoning plans to acquire rival T-Mobile US Inc.

  • The outbreak began in the forests of eastern Guinea in February. Its epicenter has spread to Sierra Leone and Liberia, while cases have also been recorded in Nigeria. Below is a compilation of recent statements by companies with operations in Sierra Leone, Liberia, Guinea or neighboring countries.

  • SAN FRANCISCO, Aug 7- Tango, the mobile messaging company, is arranging a financing transaction that would value its business at around $1.5 billion, roughly one-third more than the valuation it received just five months ago, according to three people familiar with the situation.

  • The creditors are considering an offer from Citigroup, JP Morgan, HSBC and Deutsche Bank of 80 cents on the dollar for their roughly $1.66 billion of Argentine debt, Thomson Reuters IFR reported on Wednesday.

  • Collector who sold bogus wine gets 10-year term Thursday, 7 Aug 2014 | 3:56 PM ET

    An Indonesian man sold millions of dollars of fake French wine to the wealthy was sentenced to 10 years in jail in Manhattan federal court.

  • The creditors are considering an offer from Citigroup, JP Morgan, HSBC and Deutsche Bank of 80 cents on the dollar for their roughly $1.66 billion holdings of Argentine debt, Thomson Reuters IFR revealed on Wednesday. Argentina's Economy Ministry declined to comment but has said previously there was nothing to prevent private parties reaching an agreement.

  • LONDON, Aug 7- Rio Tinto indicated it would not take part in a tender for the mining rights for the northern half of the disputed Guinea iron ore deposit Simandou, saying the government would prefer other companies to invest.

  • *Reserves on similar scale to UK, South Sudan. KINSHASA, Aug 7- An oil company owned by Israeli billionaire Dan Gertler said on Thursday it had discovered reserves of around 3 billion barrels in the Democratic Republic of Congo, an amount similar to the proven reserves of oil producers Britain and South Sudan.