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  • LONDON, Dec 22- Expectations in Britain for inflation in the year ahead have fallen to their lowest level in almost six years, a survey showed on Monday. The monthly Citi/ Yougov survey found year-ahead inflation expectations fell to 1.5 percent in December from 1.8 percent in November, touching their lowest level since February 2009. "As in recent months,...

  • RUSSIAN GAZPROM EXEC SAYS WILL OBEY BY PRESIDENT PUTIN'S URGE TO SELL FOREIGN CURRENCY REVENUES.

  • MOSCOW, Dec 22- Russia's top oil producer Rosneft said on Monday it had met a $7 billion loan repayment, partially easing fears among investors that Western sanctions banning major Russian firms from access to European and U.S. capital could prompt mass defaults. Rosneft, which produces more oil than Iraq or Iran, has asked for 2.5 trillion roubles from the...

  • *Taiwan seeks to block access to Uber. TAIPEI/ SHANGHAI, Dec 22- Uber Technologies Inc is under fire in Taiwan and the Chinese mainland mega city Chongqing over concerns that it and its drivers are not appropriately licenced, adding to a string of official complaints aimed at the fast-growing U.S. start-up. But an investigation in Chongqing- a city with a third more...

  • FDA approves BioCryst's flu shot Monday, 22 Dec 2014 | 5:04 AM ET

    Dec 22- The U.S. Food and Drug Administration approved Biocryst Pharmaceuticals Inc's single-dose flu shot on Monday, for use in adults with acute uncomplicated influenza. The drug was developed under a $234.8 million contract from Biomedical Advanced Research and Development Authority of the U.S. Department of Health and Human Services.

  • *Consensus grows for Brent to remain above $60 for rest of year. LONDON, Dec 22- Oil rose above $62 a barrel on Monday, mirroring gains in equities, as investors became confident there would be no further substantial price loss in the run-up to the new year. "The market has calmed down and it is forming a short-term base above $60, and it's to be expected that there would be...

  • There were also hopes that Greece could avoid destabilizing snap elections after Greece's Prime Minister Antonis Samaras made a surprise offer to bring pro-European independents into the government if they backed his choice for new president. Britain's blue-chip FTSE 100 index advanced by 1 percent, Germany's DAX by 0.9 percent and France's CAC rose 1.2...

  • SEOUL, Dec 22- Computer systems at South Korea's nuclear plant operator have been hacked, the company said on Monday, sharply raising concerns about safeguards around nuclear facilities in a country that remains technically at war with North Korea. But the hacking was reported as the United States accused North Korea of a devastating cyberattack on Sony...

  • BEIJING/ WASHINGTON, Dec 22- China said on Monday it opposed all forms of cyberattacks but there was no proof that North Korea was responsible for the hacking of Sony Pictures, as the United States has said. North Korea has denied it was to blame and has vowed to hit back against any U.S. retaliation, threatening the White House and the Pentagon. But the United States...

  • TAIPEI, Dec 22- Taiwan's export orders grew slower than expected in November, amid global uncertainties, and the island's economics ministry slightly trimmed its forecast for this year's total, which still should set a record. Still orders for information communication goods, the main driver for Taiwan's exports, posted a record monthly high of US $13.69...

  • Spain handing out $3B in planet's biggest lottery Monday, 22 Dec 2014 | 4:21 AM ET

    MADRID— The drawing is underway in Spain for the world's biggest lottery payoff, a 2.5 billion-euro pot of cash that will be divided among thousands of ticketholders. Unlike lotteries that offer one large jackpot, Spain's Christmas season lottery distributes winnings to thousands. Before Spain's economic implosion in 2008, winners often splurged on new...

  • LONDON, Dec 22- Rising energy shares drove European equities higher on Monday, while Greece's bourse also advanced after the country's prime minister offered on Sunday to bring pro-European independents into the government. Britain's blue-chip FTSE 100 index advanced by 0.9 percent, Germany's DAX progressed by 0.6 percent, France's CAC rose 1 percent while...

  • *Australia's plan to become top LNG exporter still on track. Just last week, Woodside Petroleum Ltd delayed the FID for its $40 billion Browse floating project with Royal Dutch Shell and BP. The next cab off that rank could be ExxonMobil and BHP Billiton's $10 billion Scarborough project.

  • China opposes cyberattacks, doesn't name N. Korea Monday, 22 Dec 2014 | 4:12 AM ET

    BEIJING— China told the U.S. that it is against cyberattacks and opposes any nation or individual launching such attacks from a third country, but did not directly condemn the Sony hackings that Washington has blamed on North Korea, China's foreign ministry said Monday. The United States has reached out to China, North Korea's key ally, for help as President...

  • FOREX-Euro edges up, still shaky on ECB and Greece Monday, 22 Dec 2014 | 4:08 AM ET

    LONDON, Dec 22- The euro bounced back from two-year lows against a slightly weaker dollar on Monday, with Greece's presidential election and a batch of U.S. data on Tuesday the chief risks to a calmer holiday mood. The outlook into 2015 for the euro looks weak, with Luc Coene the latest European Central Bank policymaker to point the way towards outright buying of...

  • South Korea's trade ministry said in a statement that the high U.S. tariffs on Korean steel pipes- over $100 million annually- put them at a price disadvantage compared with imports from India and other countries. The U.S. International Trade Commission ruled in August that "oil country tubular goods" imports from South Korea, India, Taiwan, Turkey, Ukraine and...

  • TOKYO, Dec 22- Japan's government said on Monday it would "steadily reduce" new government bond issuance for the next fiscal year from that planned for the current year ending in March 2015 in a bid to curb runaway public debt. Japan's public debt tops twice the size of its economy, by far the worst in the developed world. In a show of Abe's resolve to keep Japan's public...

  • BEIJING, Dec 22- Syngenta AG said it has received approval from China's regulatory authorities for imports of its Agrisure Viptera corn trait, know as MIR 162..

  • Rosneft says repays around $7 bln in debt Monday, 22 Dec 2014 | 3:44 AM ET

    MOSCOW, Dec 22- Russia's top oil company Rosneft said on Monday it had repaid around $7 billion as part of a bridge loan that matured on Sunday. The loan is part of a larger $12.7 billion, two-year bridge loan signed in December 2012 that backed Rosneft's acquisition of oil company TNK-BP. "To service its debt the company does not need to enter the currency market,...

  • DUBAI, Dec 22- Saudi Arabia is prepared to increase its oil output and claim a bigger market share to meet the demands of any new customers, Monday's edition of the Saudi-owned al-Hayat newspaper quoted the kingdom's oil minister as saying. The remark was one of the strongest signals yet that the world's top oil exporter has no intention of cutting output in the...