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  • RIO DE JANEIRO, Nov 6- State-run Brazilian oil producer Petrobras raised its wholesale gasoline and diesel prices for the first time in more than 11 months on Thursday in a move that could bolster the finances of the heavily indebted company after years of refining losses. The cost of gasoline at the refinery gate will rise 3 percent and diesel 5 percent...

  • NEW YORK, Nov 6- U.S. Treasury debt yields rose on Thursday on a pledge from the European Central Bank to take further steps to stimulate the euro zone economy and a hefty supply of higher-yielding corporate supply in advance of Friday's U.S. payrolls report. Benchmark 10- year Treasury note yields earlier approached the 3-1/ 2- week high set on Monday after ECB...

  • FRANKFURT, Nov 6- Deutsche Telekom's U.S. business can fund the purchase of new airwaves itself, the German company said on Thursday, seeking to calm shareholder fears that the investment could hit group earnings. Deutsche Telekom Chief Executive Tim Hoettges said on Thursday he was confident the U.S. business would be able to fund the investment by issuing new...

  • LONDON, Nov 6- AstraZeneca, which saw off a $118 billion bid from Pfizer in May, said quarterly results showed its standalone strength, while recent U.S. tax changes removed much of the case for a new takeover attempt. Chief Executive Pascal Soriot, who has fought hard to prove AstraZeneca does not need the kind of mega-merger offered by Pfizer, said he would use the...

  • LONDON, Nov 6- Daily spot foreign exchange volumes hit a three-year high on trading platform EBS on Oct. 31, the day the Bank of Japan stunned markets with another dose of monetary easing, boding well for currency markets and trading banks. "Following the Bank of Japan's announcement to expand its quantitative easing programme, total daily volume on EBS Market was...

  • LONDON, Nov 6- AstraZeneca raised its 2014 sales forecast for the second quarter in a row on Thursday, as the delayed arrival of generic copies of its Nexium drug in the United States kept cash flowing from the heartburn and ulcer pill. Britain's second biggest drugmaker, which saw off a $118 billion takeover bid from Pfizer in May, now expects revenue to grow in low...

  • LONDON, Nov 6- AstraZeneca raised its 2014 sales forecast for the second quarter in a row on Thursday, as the delayed arrival of Nexium generics in the United States kept cash flowing from the heartburn and ulcer pill. Britain's second biggest drugmaker, which saw off a $118 billion takeover approach from Pfizer in May, now expects revenue to grow slightly this...

  • LONDON, Nov 6- AstraZeneca raised its 2014 sales forecast for the second quarter in a row on Thursday, as the delayed arrival of Nexium generics in the United States kept cash flowing from the heartburn and ulcer pill. Britain's second biggest drugmaker, which saw off a $118 billion takeover approach from Pfizer in May, now expects revenue this year to grow in low...

  • France's third-biggest bank said net income reached 758 million euros in the third quarter while revenues also rose 4 percent to 4.0 billion euros. Analysts polled by Thomson Reuters had expected on average net income of 697 million euros and 4.01 billion euros in revenues. The results marked an improvement on the second quarter, when the bank took a 708...

  • NEW YORK, Nov 5- The dollar rose on Wednesday, extending multi-year highs after Republicans won control over both chambers of the U.S. Congress for the first time since 2006, lifting investor expectations for more pro-business policies. Republicans seized control of the U.S. Senate, a blow to President Barack Obama that will curb his legislative agenda in his...

  • *Stocks rise as Republicans take control of U.S. Senate. NEW YORK, Nov 5- U.S. Benchmark yields approached the 3-1/ 2 week highs set earlier this week as Wall Street opened higher partly on news that Republicans took over control of the U.S. Senate after Tuesday's elections.

  • LONDON, Nov 5- Oil's tumble to new four-year lows on Wednesday prompted a heavy selloff of stocks and bonds in energy-producing emerging markets from the Middle East to Russia, while importer countries like India enjoyed the prospect of cheaper fuel. "We're going to start seeing some secondary effects of the oil price," said Ilan Solot, a strategist at Brown...

  • DIARY - Top economic Events to Nov 18 Tuesday, 4 Nov 2014 | 7:01 PM ET

    WASHINGTON- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks at the "Committing to Financial Stability" before the "Financial Stability after Dodd Frank: Have We Ended Too Big to Fail?" VIRGINIA, United States- Federal Reserve Bank of Minneapolis President Narayana Kocherlakota speaks on "Clarifying the Objectives of Monetary Policy" before...

  • Nov 4- Twenty-First Century Fox Inc Chief Operating Officer Chase Carey said the company is being "disciplined" about its options when considering streaming video offerings that bypass cable and satellite subscriptions. Consumers have drastically changed the way they watch television, opting for on-demand content offered by Netflix Inc or Amazon.com Inc...

  • Nov 4- Twenty-First Century Fox Inc, the film and TV company controlled by Rupert Murdoch, reported better-than-expected quarterly revenue and profit, helped by growth in cable network and film studio businesses. The company reported revenue of $7.89 million, which beat analysts' average estimate of $6.25 billion, largely driven by the box-office success "...

  • *European Commission cuts forecast for euro zone growth. A Reuters report that suggested some national central bankers sought to challenge Mario Draghi's leadership style raised doubts whether the European Central Bank could step up efforts to stimulate the region's businesses and borrowing. The Commerce Department said the trade deficit grew 7.6...

  • Nov 3- U.S. small businesses boosted borrowing in September, the Thomson Reuters/ PayNet Small Business Lending Index showed on Monday. Global weakness, particularly in Europe and Japan, has raised some fears about the staying power of the U.S. recovery. But the increase in borrowing by small U.S. firms suggests "the domestic part of the equation is firming up," said...

  • NEW YORK, Nov 4- Canada's Come by Chance refinery, on the far eastern tip of the country, has swapped out its mainstay Iraqi crude to run almost wholly on U.S. shale oil, industry sources say, the latest sign of how the shale boom is redrawing global oil trade. Some two months after South Korea's national energy firm agreed to sell the refinery to a newly formed New York-...

  • US STOCKS-Wall St falls as energy continues slide Tuesday, 4 Nov 2014 | 12:20 PM ET

    *Alibaba rises after results, Priceline falls. U.S. crude oil fell 2.9 percent to $76.46 per barrel, dropping to its lowest level in about three years after Saudi Arabia cut sales prices to the United States. The Energy Select Sector SPDR ETF fell 2.3 percent to $84.09, while Chevron Corp fell 1.3 percent to $115.32.

  • *Alibaba rises after results, Priceline falls. NEW YORK, Nov 4- U.S. stocks fell in a broad decline on Tuesday, with energy shares leading the selloff as crude prices declined for a fourth straight day, raising concerns about global demand. U.S. crude oil fell 2.7 percent to $76.64 per barrel, dropping to its lowest level in about three years after Saudi Arabia cut sales...