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  • *Alcoa to report after market close, revenue seen down. *Groupon rallies in premarket after analyst upgrade. *Alcoa Inc, among the first high-profile names to report, will release its results after the market closes on Tuesday.

  • RPT-Soros Fund sued by former portfolio manager Tuesday, 8 Jul 2014 | 8:50 AM ET

    NEW YORK, July 7- A former portfolio manager at Soros Fund Management sued the hedge fund firm founded by billionaire George Soros for nearly $20 million, accusing it of reneging on promises to pay him performance and other fees.

  • FDA approves Anacor Pharma's drug for nail infection Tuesday, 8 Jul 2014 | 8:49 AM ET

    July 8- Anacor Pharmaceutical Inc said the U.S. Food and Drug Administration approved its treatment for a fungal infection of the nail, sending the drug developer's shares up about 9 percent in premarket trade. Onychomycosis is a progressive, recurring fungal infection of the nail and nail bed and affects about 35 million people in the United States, Anacor said.

  • President Cristina Fernandez's government has until July 30 to reach a deal with the funds in a dispute that has pushed Latin America's No. 3 economy to the brink of its second default in 12 years. Economy Minister Axel Kicillof spent four hours hashing through the case in New York on Monday with the special master, Daniel Pollack, who was appointed by U.S.

  • LONDON, July 8- U.S. drugmaker AbbVie raised its offer for Shire to 30.1 billion pounds on Tuesday, hoping to win over its reluctant target after three earlier offers were rejected.

  • Boehringer cancer drug effective in mid-stage trial Tuesday, 8 Jul 2014 | 8:18 AM ET

    July 8- German drugmaker Boehringer Ingelheim said its experimental blood cancer drug met its main goal in a mid-stage trial. Data showed the cancer was not found in 31 percent of the patients treated with the drug volasertib along with a chemotherapy agent versus 13.3 percent of patients who were administered the chemotherapy alone.

  • PARIS/ SINGAPORE, July 8- Chicago soy fell for a seventh session on Tuesday to trade near its lowest in five months as near-perfect crop weather across the U.S.

  • LONDON, July 8- Europe's main stock indices and lower-rated government bonds slipped on Tuesday amid reports of new U.S. fines for banks and dimming prospects the European Central Bank will launch an asset- purchase program.

  • LONDON, July 8- U.S. drugmaker AbbVie raised its offer for Shire to 51.15 pounds a share on Tuesday, hoping to win over its reluctant target after an earlier offer was rejected.

  • RIO DE JANEIRO, July 8- The world's largest steelmaker ArcelorMittal expects Brazil's industrial production to improve in the second half of the year as the country gets back to work after the World Cup, giving a welcome boost to Brazil's flat steel producers.

  • BAGHDAD, July 8- Iraq's new parliament has brought forward the date of its next session to July 13, the acting speaker said on Tuesday, after a five-week delay announced on Monday was criticized by local lawmakers and the United States.

  • *Alcoa to report after market close, revenue seen down. *Groupon rallies in premarket after analyst upgrade. *Alcoa Inc, among the first high-profile names to report, will release its results after the market closes on Tuesday.

  • FOREX-Quick fade for dollar rally, Kiwi jumps Tuesday, 8 Jul 2014 | 7:22 AM ET

    LONDON, July 8- The outlook for monetary policy in the second half of 2014 dominated major currency markets on Tuesday, with the dollar's impetus from surprisingly strong U.S. jobs data last week already fading.

  • BAGHDAD, July 8- Iraq's new parliament has brought forward the date of its next session to July 13, the acting speaker said on Tuesday, after a five-week delay announced Monday was criticized by local lawmakers and the United States.

  • Commerzbank falls 3.7 pct on U.S. settlement fears. Euro zone banks fell 1.5 percent, the biggest sectoral faller, led lower by Commerzbank. The New York Times reported that Commerzbank's settlement was expected to include at least $500 million in penalties.

  • *Good news for regional rice suppliers such as Vietnam, Thailand. MANILA, July 8- The Philippines has shifted away from setting a target date for its plan to be completely self-sufficient in the production of rice, a senior government official said, likely keeping its doors open to imports beyond the current goal of 2016..

  • SINGAPORE, July 8- Singapore sovereign investor Temasek Holdings wants to increase its holdings in China's financial services and technology sectors, banking on the long-term growth prospects of the world's second largest economy.

  • *UK output dips unexpectedly, sterling falls. LONDON, July 8- Europe's main stock indices and lower-rated government bonds slipped on Tuesday amid reports of new U.S. fines for banks and dimming prospects the European Central Bank will launch an asset purchase programme.

  • *India's giant railway system is slow, congested. NEW DELHI, July 8- Prime Minister Narendra Modi's new government has nudged up spending on India's wobbly railways and will seek private funding for new projects, the rail minister said without giving details on how he will attract investors.

  • *UK output dips unexpectedly, sterling falls. LONDON, July 8- Europe's main stock indices and lower-rated government bonds slipped on Tuesday amid reports of new U.S. fines for banks and dimming prospects the European Central Bank will launch an asset purchase programme.