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  • DUBAI, Nov 18- The Middle East's private equity market is trying to put its Wild West days behind it, drawing big international players for the first time since investors lost heavily when the global financial crisis hit the region. While most of the interest is focused on the stable Gulf Arab states, Western investors are still seeking risk premiums over markets...

  • LONDON, Nov 17- London's benchmark foreign exchange "fixings" will move to a five-minute calculation window, from one minute currently, as of 2200 GMT on Sunday, Dec. 14, the WM Company said in a memo sent to banks on Monday. The move by WM, a unit of State Street Corp, follows the levying of the first fines on banks in a row over alleged manipulation of foreign exchange...

  • NEW YORK, Nov 17- Gains in shares of Apple Inc could take the world's largest publicly traded company to a market capitalization of perhaps as high as $1 trillion, some of the country's biggest investors said on Monday. Apple's current market cap stands at about $670 billion, according to Thomson Reuters data. "Apple is one of the best companies I would say of the last...

  • TOKYO, Nov 18- As Takata Corp comes under scrutiny for air bag defects, bankers are weighing up the potential fallout for the Japanese family behind the 81- year-old company, and the third-generation CEO who controls it. As one reference for what Takata may face, Toyota Motor paid at least $2.6 billion over a U.S. recall crisis four years ago linked to four deaths, all...

  • *JD.com Q3 revenue up 61 pct to $4.73 bln vs $4.67 bln expected. BEIJING, Nov 17- China's JD.com Inc, the country's No. 2 e-commerce company, posted on Monday a better-than-expected 61 percent jump in third-quarter revenue as its number of customer accounts more than doubled to 46.1 million from a year ago. JD.com, a distant rival to giant Alibaba Group Holding Ltd,...

  • *But dollar eventually drops as Tokyo stocks slide. TOKYO, Nov 17- The dollar swung wildly against the yen on Monday, initially spiking to a seven-year high after data showed Japan's economy unexpectedly slipped into recession before pulling down as the grim economic news sent Tokyo stocks tumbling. "Dollar/yen has been moving recently in close relationship...

  • *But pair hands back gains as Tokyo stocks slide. TOKYO, Nov 17- The dollar briefly scaled fresh seven-year high against the yen on Monday after data showed Japan's economy unexpectely slipped into recession, but the U.S. currency came off its peak as the yen was bought back following a retreat in Tokyo stocks. "Dollar/yen has been moving recently in close...

  • Nov 14- Activist investor Starboard Value LP disclosed stakes in Yahoo Inc and AOL Inc on Friday, nearly two months after it urged the two companies to merge. Starboard disclosed a 7.7 million share stake in Yahoo and a 1.9 million share stake in AOL. This translates to a 0.8 percent stake in Yahoo and a 2.5 percent stake in AOL, according to Thomson Reuters data.

  • RIO DE JANEIRO/ SAO PAULO, Nov 14- Brazilian police arrested a former PetrĂ³leo Brasileiro SA executive on Friday, sending the state-run oil company's shares and bonds down after a widening corruption scandal forced it to delay the release of its financial results. Former engineering director Renato Duque was the second senior executive arrested at...

  • *Long-dated prices rise on higher yields versus Europe. "It's a very key number, it shows the health of consumers and plays a part in GDP, and the Fed is definitely looking at it," said Justin Lederer, Treasury strategist at Cantor Fitzgerald in New York. In addition, the Thomson Reuters/ University of Michigan's preliminary reading on the overall index of consumer...

  • WASHINGTON, Nov 14- U.S. retailers reported strong sales in October, a sign American consumers were spending with more gusto and could help keep the economy growing at a brisk pace. Retail sales, which account for about one-third of consumer spending, rose 0.3 percent in October, the Commerce Department said. "numbers bode well for the crucial holiday shopping...

  • U.S. consumer sentiment at more than 7-year high Friday, 14 Nov 2014 | 10:00 AM ET

    NEW YORK, Nov 14- U.S. consumer sentiment rose in November to a more than seven-year high as falling unemployment and lower gasoline prices boosted views on both current conditions and expectations, a survey released on Friday showed. The Thomson Reuters/ University of Michigan's preliminary reading on the overall index on consumer sentiment for this month...

  • *Baker Hughes confirms merger talks with Halliburton. *Geron jumps on licensing deal with Johnson& Johnson. NEW YORK, Nov 14- U.S. stocks opened flat on Friday, with the S&P on track for a fourth straight weekly advance, after data on retail sales and ahead of a report on consumer sentiment.

  • *Baker Hughes confirms merger talks with Halliburton. *Geron jumps on licensing deal with Johnson& Johnson. NEW YORK, Nov 14- U.S. stock index were set to open little changed on Friday, with the S&P on track for a fourth straight weekly advance, after data on retail sales and ahead of a report on consumer sentiment.

  • *Baker Hughes confirms merger talks with Halliburton. *Geron jumps on licensing deal with Johnson& Johnson. *The Thomson Reuters/ University of Michigan preliminary November reading on consumer sentiment is expected later in the session at 9:55 a.m. Expectations call for a reading of 87.5 versus the final October reading of 86.9.

  • *MUFG H1 net profit 579 bln yen vs own f'cast 450 bln yen. TOKYO, Nov 14- Japan's top three banks reported profits for the first half of the year far beyond their initial estimates, as reduced credit costs made up for more muted stock gains during a period of cooling enthusiasm over "Abenomics". Mitsubishi UFJ Financial Group Inc, Mizuho Financial Group Inc and Sumitomo...

  • LONDON, Nov 14- Sovereign wealth funds are buying up assets this year at their fastest rate since the financial crisis as these state-run pools of assets regain the confidence lost when big punts on western banks turned sour, Thomson Reuters data shows. Thomson Reuters data shows sovereign wealth funds, which invest windfall revenues from oil and other exports...

  • For billionaire Warren Buffett, P&G's tide has crested Thursday, 13 Nov 2014 | 5:38 PM ET

    NEW YORK, Nov 13- Procter& Gamble Co., one of Warren Buffett's top portfolio holdings, is about to lose the billionaire's influential backing at a time when it appears the company's own fortunes have peaked. Thursday's agreement by Buffett's Berkshire Hathaway Inc. to turn over the $4.7 billion in shares it owns in the world's largest consumer products company...

  • NEW YORK, Nov 13- Energy shares fell their most in a month Thursday as crude prices slid, dragging on Wall Street despite gains in Wal-Mart and other consumer stocks. The Dow and S&P 500 earlier hit intraday highs, with Wal-Mart and Apple at all-time records. Wal-Mart rose 4.2 percent to $82.50 after posting a 2.9 percent increase in third-quarter revenue.

  • *Berkshire Hathaway to buy Duracell from Procter& Gamble. NEW YORK, Nov 13- U.S. stocks advanced modestly on Thursday to send the Dow and S&P to new record intraday highs following earnings from Wal-Mart and data on the labor market. Wal-Mart shares climbed 3.4 percent to $81.92 as one of the biggest boosts to both the Dow and S&P 500 after the retail giant posted a 2.9...