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  • WASHINGTON, Nov 14- U.S. import prices fell in September by the most in more than two years as the cost of petroleum products declined and a strong dollar made it cheaper for Americans to buy goods from abroad. The Labor Department said on Friday import prices fell 1.3 percent last month. While the U.S. economy has accelerated in recent months, the global economy has...

  • Nov 14- Canada's Niko Resources Ltd said it was evaluating plans for its assets in India, citing uncertainty related to the outlook of natural gas prices in the country.

  • 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. U.S. retail sales rose 0.5 percent last month when stripping out volatile elements like gasoline, autos, building materials and food services, according to the Commerce Department...

  • *OPEC meets on Nov. 27, traders sceptical group will act. LONDON, Nov 14- Oil traded above $78 a barrel on Friday having earlier hit a four-year low, pressured by excess supply and scepticism that OPEC producers will agree to cut output when they meet in Vienna in two weeks' time. The International Energy Agency, which usually refrains from predicting oil prices, said in...

  • CARACAS, Nov 14- Venezuela is still considering raising domestic fuel prices that are the world's cheapest, and is taking a big hit in revenues due to the global fall in oil prices, President Nicolas Maduro said. Analysts estimate Venezuela will lose around $700 million of export revenue per year for every $1 drop in the price of oil. "Venezuela has the resources to...

  • *German GDP up 0.1 pct q/q, France +0.3 pct. *Italy languishes in recession, Greece growing. BRUSSELS, Nov 14- The euro zone economy grew more strongly than expected in the third quarter as France beat market forecasts and Germany narrowly avoided a recession, but the bloc remains weak and could need further stimulus.

  • Hertz to restate 2012, 2013 results Friday, 14 Nov 2014 | 8:21 AM ET

    Nov 14- Car rental company Hertz Global Holdings Inc said it would restate 2012 and 2013 financial results following an ongoing review that showed accounting errors. The company said in June it would restate 2011 results and review results for the past two years. Hertz shares were down 1 percent at $22.50 in premarket trading on Friday.

  • *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.

  • LONDON, Nov 14- British bank executives and regulators could be in line for public grillings following this week's landmark international settlement over allegations of manipulation and collusion in the $5.3 trillion- per-day foreign exchange market. The UK set its fines at record levels, reflecting rising political and public demands that bankers, cast...

  • *Oil majors, miners fall as metals drop, Brent still at $78. *Tensions between Russia, West also rattle investors. Renewed worries about tensions between the West and Russia over turmoil in eastern Ukraine also rattled investors after Sweden said on Friday it had proof that a small submarine was operating illegally in its waters last month.

  • ATHENS, Nov 14- Greece emerged from a crippling six-year recession as early as the start of the year and has been growing ever since, data showed on Friday. Seasonally adjusted figures showed the euro zone weakling posted three consecutive quarters of growth this year, even though it had only been expected to exit what the government has called Greece's "Great...

  • LONDON, Nov 14- European stocks fell back on Friday and U.S. stocks looked set to open flat after a mixed bag of euro zone growth numbers that showed France and Germany growing marginally but others like Italy still firmly in recession. Asian stocks had fallen earlier on the latest signs that growth in China is also slowing and the European data confirmed that the...

  • LONDON, Nov 14- The yen skidded to a seven-year low against the dollar on Friday as investors bumped up bets on Japan's Prime Minister Shinzo Abe calling an early election and delaying a hike in sales tax. The yen has taken only a month to notch up a 10 percent drop, hit by a rallying dollar, a reallocation of Japan's government pension fund's away from domestic assets,...

  • Hostess brand owners exploring sale: Sources Friday, 14 Nov 2014 | 7:49 AM ET

    The private equity owners of Hostess Brands are planning to put the maker of Twinkies and Ding Dongs up for sale, potentially valuing it at more than $1.7B.

  • LONDON, Nov 14- The job of fixing flaws that led to the 2007-09 financial crisis is largely done and the focus will turn to spotting new risks and rebuilding trust among regulators, a global watchdog set up by the Group of 20 leading economies said on Friday. "The G20 has worked intensively over the past six years to correct the fault lines that led to the global...

  • KIEV, Nov 14- The average hryvnia rate strengthened for a third day in a row at the daily Ukrainian central bank auction on Friday, reaching 15.4201 to the dollar from 15.5476, at least in part reflecting changes in auction rules. The hryvnia has lost some 20 percent since the central bank abandoned an unofficial peg of 12.95 per dollar on Nov. 5, leaving the currency...

  • LONDON, Nov 14- The best way to think about the dramatic slide in oil prices over the last five months, Brent has fallen by more than 30 percent, is that the market is caught in a negative bubble. In 2014, no one is prepared to forecast a return to the recent highs above $100 per barrel. The process by which bubbles form, expand and eventually burst has been chronicled by...

  • LONDON, Nov 14- New rules aimed at making derivatives markets safer and more transparent need tweaking to stop the $690 trillion global market splitting up, a top American regulator said on Friday. Several shallower pools of trading are emerging in what had been one deep, efficient market as brokers outside the United States seek to avoid having to comply with...

  • RIO DE JANEIRO, Nov 14- Brazil's federal police were serving 27 additional arrest warrants on Friday in a broad money-laundering investigation that has ensnared a former senior executive at oil firm Petrobras, causing it to delay releasing its results. The move comes a day after Petroleo Brasileiro SA, as the state-run oil company is formally known, delayed the...

  • UKRAINE FOREIGN TRADE SURPLUS FOR GOODS SHRINKS TO $803 MLN IN JAN-SEPT FROM $1.2 BLN IN JAN-AUG- STATISTICS COMMITTEE.