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  • LONDON, Jan 13- Crude oil prices hit their lowest in almost six years on Tuesday in a market readying for further falls, as a big OPEC producer stood by the group's decision not to cut output to tackle a supply glut. Oil prices have fallen 60 percent from their June 2014 peaks, driven down by rising production, particularly U.S. shale oil, and weaker-than-expected...

  • DUBAI, Jan 13- Integrated Diagnostics Holdings, an Egypt- based healthcare diagnostics service provider, is targeting a value of around $600 million from its planned listing on the London Stock Exchange, a source familiar with the matter said on Tuesday. It is the latest firm from the Middle East to choose the UK bourse for a flotation in recent years, avoiding more...

  • *Some owners of IDH to float up to 45 pct in London. DUBAI, Jan 13- Integrated Diagnostics Holdings, a healthcare diagnostics service provider with operations in Egypt, Jordan and Sudan, has announced plans to list its shares on the London stock exchange. It is the latest firm in recent years from the Middle East to choose the UK bourse for a flotation, avoiding more...

  • *Deutsche Bank economists say fiscal challenge is poorly understood economic risk. BEIJING, Jan 12- China's fiscal revenue growth is set to hit a three-decade low in 2015, Deutsche Bank said in a report, complicating policymakers' efforts to rein in runaway local government debt without crippling the broader economy. With a slowing economy- in particular...

  • Local governments in China's small cities buying local land in attempts to prop up property prices, damaging finances. The Financial Times reports.

  • FRANKFURT, Jan 12- Deutsche Bank AG will provide details of a new strategy plan to investors in the second quarter of 2015, senior management told bank staff in an internal memo on Monday. "The management board is working diligently on the next phase of our strategy, and we will update our stakeholders at an investor& media day and global employee town hall in the...

  • SHANGHAI, Jan 9- China will allow online sales of prescription drugs as early as this month, a policy that will open up an over 1 trillion yuan market to online pharmacy operators like Alibaba Group Holding Ltd and Wal-Mart Stores Inc.. The policy would help reform a fragmented and opaque market controlled by state-run distributors and hospitals, brought into...

  • Jan 8- Health insurer Anthem Inc on Thursday said it reached a deal under which Gilead Sciences Inc's hepatitis C drug Harvoni will be the primary treatment for patients infected with the most common strain of the liver-destroying virus. Last month, AbbVie Inc began sales of a competing drug, Viekira Pak, at a similar list price. Express Scripts Holding Co, the...

  • *Cuts 2015 dividend to 0.20 euros per share. MADRID, Jan 8- Santander's new chief Ana Botin continued her shake-up of the Spanish lender on Thursday with plans to boost its capital with a 7.5 billion euro share sale and a cut to its dividends. Santander has weathered a deep economic crisis at home in recent years, helped by revenue from key overseas markets such as...

  • Jan 8- An experimental drug being developed by AbbVie Inc and Neurocrine Biosciences Inc successfully reduced symptoms of endometriosis in pre-menopausal women in the first of two late-stage studies. Neurocrine's stock soared 24 percent to $27.20 in premarket trading on Thursday, while AbbVie's shares were up 1.7 percent at $68.10. After six months of...

  • *Poll details: reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ Apps/fx-polls. BRASILIA, Jan 7- Emerging market currencies will stay under pressure in 2015, a Reuters poll found, though they may not fall as much as last year as lower commodity prices and tighter monetary policy in the United States could be largely priced in already. "The dichotomy between the...

  • NEW YORK, Jan 5- JPMorgan Chase& Co has become the first bank to settle a U.S. antitrust lawsuit in which investors accused 12 major banks of rigging prices in the $5 trillion- a-day foreign exchange market. JPMorgan settled after mediation with Kenneth Feinberg, who also oversees a General Motors Co program to compensate drivers whose vehicles had faulty...

  • NEW YORK, Jan 5- JPMorgan Chase& Co has become the first bank to settle a U.S. antitrust lawsuit in which investors accused 12 major banks of rigging prices in the $5 trillion- a-day foreign exchange market. The settlement was disclosed in a letter filed on Monday with the U.S. District Court in Manhattan from lawyers for JPMorgan, the largest U.S. bank, and investors.

  • LONDON, Jan 5- New Tesco boss Dave Lewis is expected to focus on cost cuts and asset sales when he provides an update on his plans to revive the troubled British grocer's fortunes on Thursday. Britain's biggest retailer, reeling from an accounting scandal and four profit warnings that halved its share price last year, could also detail substantial property asset...

  • Wall Street's latest winners: Junior bankers Sunday, 4 Jan 2015 | 3:00 PM ET

    Wall Street's less senior employees may be getting the upper hand as more major banks try to get them to stay.

  • *Sterling drops after UK manufacturing data miss. NEW YORK, Jan 2- The U.S. dollar hit its highest level against the euro in 4-1/ 2 years on Friday and reached parity with the Swiss franc after comments from European Central Bank President Mario Draghi underscored the benefits of tighter U.S. monetary policy. "Markets and commentators have been talking about this...

  • Nikkei tipped to top 20,000 in 2015 Thursday, 1 Jan 2015 | 5:53 PM ET
    Pedestrians walks past a share prices board showing the numbers for the Tokyo Stock Exchange in Tokyo

    Japan's Nikkei 225 index is set to climb further next year, despite already rising more than 70 percent over the past two years, analysts say.

  • NEW YORK, Dec 30- A federal judge has rejected Wachtell, Lipton, Rosen& Katz's bid to dismiss CVR Energy Inc's lawsuit accusing the prominent New York law firm of malpractice in advising on a 2012 hostile takeover of the oil refiner by billionaire Carl Icahn. District Judge Richard Sullivan in Manhattan declined to end the federal case even though a New York state...

  • Here's what to look out for market growth in 2015 Tuesday, 30 Dec 2014 | 12:18 PM ET
    Traders work on the floor of the New York Stock Exchange Dec. 12, 2014.

    Experts weighed in on what trends and factors will lead to continuing market growth in the U.S. next year.

  • SINGAPORE, Dec 26- Gold ticked up in thin post-Christmas trading on Friday, but the metal was headed for a second straight weekly drop as strength in the dollar and equities hurt safe-haven bids for bullion. *Spot gold gained 0.3 percent to $1,177.31 an ounce by 0020 GMT, not too from a three-week low of $1,170.17 hit earlier in the week. *The metal has lost about 1.5...