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  • Dollar General goes hostile with Family Dollar bid Wednesday, 10 Sep 2014 | 6:13 AM ET

    Sept 10- Dollar General Corp said it would take its $9.1 billion offer directly to shareholders of Family Dollar Stores Inc, after being spurned twice by its smaller rival. The company said it had started a tender offer to buy all shares of Family Dollar for $80 per share. Reuters reported on Tuesday that Dollar General would go hostile with its offer.

  • LONDON, Sept 10- Emilio Botin, who transformed Santander from a small domestic lender into the euro zone's biggest bank, has died of a heart attack, aged 79.. MARIANO RAJOY, Spain's Prime Minister:. SORAYA SAENZ DE SANTAMARIA, Spain's Deputy Prime Minister:.

  • China's economy can avoid hard landing - Premier Li Wednesday, 10 Sep 2014 | 6:06 AM ET

    TIANJIN, China, Sept 10- China's economy can avoid an sharp drop in growth, Premier Li Keqiang said on Wednesday as he promised to accelerate China's switch to an economic model driven by science and innovation. Speaking at the World Economic Forum in the northern city of Tianjin, Li said China would continue to pursue structural reforms in its economy.

  • BRUSSELS, Sept 10- European Commission President-elect Jean-Claude Juncker unveiled the team on Wednesday that will run key areas of the European Union's policy-making over the next five years with a focus on economic growth, energy reforms, competition and trade.

  • LONDON, Sept 10- London Stock Exchange Group said on Wednesday that its shareholders have approved the company's planned $2.7 billion takeover of U.S. index compiler and investment management firm Frank Russell.

  • UPDATE 3-Santander patriarch Emilio Botin dies aged 79 Wednesday, 10 Sep 2014 | 6:03 AM ET

    *Eldest daughter Ana Botin seen as likely successor. MADRID, Sept 10- Emilio Botin, one of Spain's most powerful men who transformed Santander from a small domestic lender into the euro zone's biggest bank, has died of a heart attack, aged 79..

  • *Gold steadies off 3- month low at $1,247.15/ oz. LONDON, Sept 10- Gold eased towards the previous day's three-month low on Wednesday as the dollar index held near its highest in more than a year, underpinned by expectations that the Federal Reserve may be set to signal a rise in interest rates.

  • LONDON, Sept 10- Sterling hit a fresh 10- month low against the dollar and a three-month trough against the euro on Wednesday, with traders citing an online survey on the Scottish independence which gave the "Yes" camp a strong lead.

  • LONDON, Sept 10- Brent crude dropped to a fresh 16- month low below $99 a barrel on Wednesday with rising supplies and weak demand helping extend losses into a fifth session.

  • BERLIN, Sept 10- German venture capital group Rocket Internet, which has launched dozens of online start-ups, has set out plans for a stock market listing that could value the company at 5 billion euros as it rides a wave of e-commerce flotations.

  • NEW DELHI, Sept 10- India's finance ministry has decided against imposing an anti-dumping duty on imports of solar panels, its trade and junior finance minister said on Wednesday.

  • *Significant unconventional oil production in Russia years away. Large-scale output of unconventional oil in Russia, the world's top crude oil producer, is some 5-10 years away, although some fields have started production even if they are not currently economically viable.

  • BERLIN, Sept 10- Backsliding on fiscal reforms poses the biggest threat to the economic recovery in Europe, Chancellor Angela Merkel said on Wednesday, pointing to Germany's 2015 budget plan as an example of how to get away from debt-financed growth.

  • *Euphoria over new Apple products short-lived. LONDON, Sept 10- Global shares fell on Wednesday as markets strengthened bets on an early U.S. rate hike while persistent concerns over Scotland's future unnerved investors in Europe, helping a high-flying dollar hold on to recent gains.

  • *FTSEurofirst 300, Euro STOXX 50 down 0.4 pct. LONDON, Sept 10- Europe's leading shares fell for a fourth straight session on Wednesday, with Spain's top lender Santander the biggest drag after the death of its chairman prompted worries over a successor.

  • UPDATE 2-Santander Chairman Emilio Botin dies aged 79 Wednesday, 10 Sep 2014 | 4:23 AM ET

    *Eldest daughter Ana Botin seen as likely successor. MADRID, Sept 10- Emilio Botin, one of Spain's most powerful men who transformed Santander from a small domestic lender into the euro zone's biggest bank, has died of a heart attack, aged 79..

  • BERLIN, Sept 10- German venture capital group Rocket Internet, which has launched dozens of online start-ups in recent years, announced plans on Wednesday to raise about 750 million euros by listing a stake as it rides a wave of e-commerce flotations.

  • Hong Kong shares post biggest daily loss in over 7 months Wednesday, 10 Sep 2014 | 4:09 AM ET

    HONG KONG, Sept 10- Hong Kong shares had their biggest fall in more than seven months on Wednesday, as concerns that the Federal Reserve could raise interest rates sooner than expected triggered an across-the-board sell-off. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong lost 2.6 percent.

  • Hong Kong benchmark index falls 2 pct on Fed concern Wednesday, 10 Sep 2014 | 3:59 AM ET

    HONG KONG, Sept 10- Hong Kong's benchmark Hang Seng Index fell 2 percent in afternoon trade on Wednesday, as concerns that the Federal Reserve could raise interest rates sooner than expected triggered an across-the-board sell-off.

  • Geopolitical conflicts weighing on German economy Wednesday, 10 Sep 2014 | 3:54 AM ET

    BERLIN, Sept 10- The German economy remains on track for expansion but geopolitical conflicts and weakness elsewhere in the euro zone are weighing on growth, the economy ministry said in its monthly report on Wednesday. The ministry said growth impulses were coming from the United States and some Asian emerging markets.