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  • DUBAI, May 11- A jointly operated onshore oilfield between Saudi Arabia and Kuwait will shut for maintenance, a move apparently aimed at giving the Gulf OPEC allies more time to solve a long-standing dispute. Production from the onshore fields in the Neutral Zone between Saudi Arabia and Kuwait was about 190,000 barrels per day, the source said.

  • *Nationwide Biweekly Administration, owner are sued. The U.S. Consumer Financial Protection Bureau accused Nationwide Biweekly Administration Inc and its president, Daniel Lipsky, of falsely promising savings from their "Interest Minimizer" program. According to a complaint filed in San Francisco federal court, the defendants from August 2011 to September...

  • May 11- Apollo Global Management Llc is in talks to buy ASG Security and combine it with another home security company it is acquiring, Protection 1, valuing them collectively at about $2 billion, people familiar with the matter said on Monday. Beltsville, Maryland- based ASG was acquired by Parthenon Capital in 2007. At the time it was the 11th largest security...

  • US 10- YEAR TREASURIES EXTEND PRICE LOSSES TO A FULL POINT, YIELDS RISE TO 2.27 PERCENT.

  • Caltrans said in the report, released last week, that it would need about $8 billion annually for the next 10 years to reach management and improvement goals for its highway system, but only $2.3 billion annually has been budgeted. Caltrans said it needed the funding for critical infrastructure projects to roadways and bridges planned over the next decade.

  • NEW YORK, May 11- U.S. The Treasury is due to sell $24 billion in three-year notes on Tuesday, $24 billion in 10- year notes on Wednesday and $16 billion in 30- year bonds on Thursday, with corporate and other supply also weighing on the market. I can see some selling just as a general point of risk aversion, "said Thomas Simons, a money market economist at Jefferies in New...

  • US FIVE-YEAR, 30- YEAR TREASURY YIELD CURVE STEEPEST SINCE NOVEMBER AT 144 BPS.

  • US THIRTY-YEAR TREASURY BONDS EXTEND PRICE LOSSES TO TWO POINTS, YIELDS RISE TO 3.01 PERCENT.

  • MONTREAL, May 11- The Canadian province of Quebec is weighing privatization of government-owned corporations as part of a long-term review of all programs that it is undertaking, Quebec Finance Minister Carlos Leitao said Monday. Among government-owned companies, known in Canada as Crown corporations, in Quebec is the massive power utility Hydro- Quebec,...

  • *Greece seeks Eurogroup statement on "significant progress". BRUSSELS, May 11- EU paymaster Germany suggested on Monday that Greece might need a referendum to approve painful economic reforms on which its creditors are insisting, but Athens said it had no such plan for now and others warned a vote could delay vital aid. Greece calmed immediate fears of a default by...

  • A handful of banks will likely resolve forex-rigging investigations by the U.S. Justice Department as soon as this week: JPMorgan Chase& Co Citigroup, British banks Royal Bank of Scotland and Barclays and Swiss bank UBS. Spokespeople for Citi, JPMorgan, RBS, UBS, and Barclays all declined to comment. If parent companies of U.S.-based JPMorgan and Citigroup plead...

  • Uber tests cash payments for cabs in India Monday, 11 May 2015 | 2:30 PM ET

    MUMBAI, May 12- Uber is testing cash payments in India as the online taxi-hailing company seeks a stronger foothold in a country where many fewer people have credit cards than internet connections. But in India it has lagged local rival Ola, which has about 80 percent of the organized cab market. India has about 20 million credit cards for a population of 1.3...

  • *Oil prices fall after rising for eight straight weeks. May 11- U.S. stocks were down on Monday afternoon due to worries about Greece's precarious financial condition and slowing growth in China, while energy stocks fell on weaker oil prices. That's the big driver, "said Michael Matousek, head trader at U.S. Global Investors Inc in San Antonio.

  • US TREASURIES EXTEND SELLOFF, 10- YEAR NOTE YIELDS RISE TO 2.25 PCT, 30- YR BOND YIELDS INCREASE TO 3.01 PCT.

  • May 8- Entergy Corp said Monday Indian Point 3 nuclear power reactor in New York could return to service in a few weeks after shutting Saturday due to a transformer fire. "Transformer failure replacements typically last on the order of a few weeks rather than a few days," Entergy spokesman Jerry Nappi said. Indian Point is located along the Hudson River about 45...

  • NEW YORK, May 11- The Janus Global Unconstrained Bond Fund, overseen by widely followed investor Bill Gross, attracted $58.6 million of net new cash in April, according to Morningstar data on Monday.

  • UPDATE 1-USDA finds H5N8 bird flu strain in Indiana Monday, 11 May 2015 | 1:59 PM ET

    May 11- A strain of highly pathogenic H5 avian flu that had recently been found only in the Western United States has been confirmed in a backyard poultry flock in Indiana, the U.S. Department of Agriculture said on Monday. The H5N8 strain in Indiana is the same one that had been previously confirmed in the Pacific flyway, specifically in commercial chicken and...

  • The final season will feature long-time host Ryan Seacrest and current judges Jennifer Lopez, Keith Urban and Harry Connick, Jr, Fox said. Fox, owned by Rupert Murdoch's Twenty-First Century Fox Inc, said in February last year that it expected to wind down American Idol after lower ratings led to a fall in advertising revenue in the company's TV unit.

  • Senator Elizabeth Warren hit back at President Barack Obama in their tussle over "fast track" authorization to negotiate a Pacific Rim trade treaty, a power she says could be used in the future to weaken Wall Street reforms. The president, who wants expedited negotiating power to streamline the passage of trade deals through Congress, said last week that...

  • NEW YORK, May 11- A U.S. judge on Monday ruled that Nomura Holdings Inc made false statements in selling mortgage-backed securities to Fannie Mae and Freddie Mac ahead of the 2008 financial crisis. District Judge Denise Cote in Manhattan ruled for the Federal Housing Finance Agency, the conservator for Fannie Mae and Freddie Mac, in a ruling that could allow the...