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  • SAO PAULO, April 9- Brazil's Santos port has been unable to export 400,000 tonnes of soybeans and soymeal as firefighters battle a week-old blaze that has restricted truck access to much of the country's largest export hub, soy industry association Abiove said on Thursday. The timing is particularly crucial as the world's No. 2 soybean producer harvests a...

  • April 9- General Electric Co is close to selling part or all of its real estate holdings, the Wall Street Journal reported, citing people familiar with the matter. GE is in talks with Blackstone Group LP and Wells Fargo& Co for various parts of the portfolio and a deal could be announced soon, the Journal cited the people as saying. GE's real estate portfolio holds...

  • CHICAGO, April 9- Standard& Poor's Ratings Services said on Thursday it will likely downgrade Chicago's A-plus credit rating if the city lacks a plan to "sustainably" fund its pensions by the end of this year. The warning was released in the wake of Rahm Emanuel's re-election on Tuesday for a second term as Chicago mayor. Chicago has projected contributions to its...

  • *Stocks rally, Europe hits seven-year high. NEW YORK, April 9- World equity markets rose on Thursday, lifted by Greece's repayment of a 450 million euro loan installment to the International Monetary Fund and growing expectations that the U.S. Bond yields spiked after a weak sale of long-dated Treasury securities, while Wall Street was little changed, as...

  • LONDON, April 9- Three years after facing off over Greece's debt workout, the two giants of debt restructuring- Lazard and Blackstone- are again preparing to do battle, one for Ukraine and the latter on behalf of its creditors. Another prominent player is Franklin Templeton, one of the world's biggest asset managers, whose star investor, Michael Hasenstab, has...

  • NEW YORK, April 9- The U.S. dollar hit a near-three-week peak on Thursday, driven higher by sentiment that U.S. interest rates inevitably will rise, with the prospect of a June increase still in the mix despite spotty economic data. The euro fell to its lowest level since March 20, trading off 1.13 percent to $1.06535 on the EBS trading platform. The greenback climbed...

  • BRASILIA, April 9- State-run oil company Petrobras has purged corrupt managers and put a graft scandal behind it, while hitting record output levels from off-shore deposits, Brazil's President Dilma Rousseff said on Thursday. The indictment of former senior executives of Petroleo Brasileiro SA and the investigation of dozens of political allies of...

  • April 9- Jefferies Group LLC said it will sell most of its Bache unit's commodities and financial derivatives accounts to Societe Generale, ending the investment bank's four-year foray into the competitive brokerage business. Societe Generale's shares were slightly up at 46.54 euros in Paris. Last year, ICAP closed its metals business last year, while...

  • NEW YORK, April 9- A Democratic candidate for the U.S. Senate, Donna Edwards, pledged on Thursday to swear off all campaign donations from Wall Street banks, the latest Democrat to assail big financial institutions. She said she was "outraged" by a Reuters report that major Wall Street banks had met to discuss ways to urge Democrats such as Massachusetts Senator...

  • CHICAGO, April 9- Illinois is the national poster child for state budget messes. Illinois exempts all retirement income from state taxes- Social Security, private and public pensions, and annuities. And we're hardly alone: 36 states that have an income tax allow some exemption for private or public pension benefits, and 32 exempt all Social Security benefits from...

  • *Altera/ Intel deal reportedly called off, shares dip. The market was struggling to find direction as investors are caught between the angst of losing the support Fed policy has given the market and having few other options regarding where to put their money, said Tim Rudderow, president and chief investment officer at Mount Lucas Management in Newtown,...

  • Johnson has made her investments through Impresa Management LLC, whose key shareholders include trusts for her and two siblings, Edward C. Johnson IV and Elizabeth Johnson, according to recent disclosures with the U.S. Securities and Exchange Commission. One of its biggest holdings at the end of last year was a $353 million stake in Chinese Internet commerce...

  • After Greece made a crucial repayment to the International Monetary Fund, yields on 10 year Greek bonds fell to 11.17 percent, their lowest this month, on relief that the cash-strapped country had not, for now at least, run out of money. Spain sold 1.28 billion euros of its 30- year bond at an average yield of 2.068 percent, with demand outstripping offers by 1.4 times,...

  • Corn stocks for the end of the 2014/ 15 marketing year were seen at 1.827 billion bushels, 50 million bushels more than the U.S. Agriculture Department projected in its March supply and demand report. Corn futures briefly turned higher before retreating to negative territory, holding above pre-report levels. A Reuters poll had estimated corn stocks, which USDA...

  • *Iran nuclear deal uncertainty, Yemen tensions support oil price. Also supportive was Iran saying Tehran will only sign a final nuclear accord with six world powers if all sanctions imposed over its disputed nuclear program are lifted on the same day. "The German data provided some lift early because it comes even before the expected economic boost from central...

  • *M&A speculation boosts Burberry, Mediaset. Burberry was flagged by Goldman Sachs among shares on its "conviction buy" lists for which its sees a bid probability of 30 percent or more. Italian media group Mediaset rose 2.2 percent after Mediobanca tipped it as a bid target for France's Vivendi.

  • NEW YORK, April 9- Canadian fashion designer Peter Nygård escalated his acrimonious U.S. legal battle with Louis Bacon, saying the billionaire hedge fund manager may have driven a groundskeeper to set a fire that heavily damaged Nygård's neighboring Bahamas beachfront estate. Nygård made the accusation in a countersuit filed Wednesday in a New York state...

  • Britain's FTSE buoyed by Burberry, emerging markets Thursday, 9 Apr 2015 | 12:29 PM ET

    *Burberry gains on bid speculation. LONDON, April 9- Britain's FTSE 100 rose on Thursday, as a recovery in emerging market-exposed stocks and gains in Burberry driven by bid speculation kept the index near all-time highs. "I have been buying up Burberry shares but I don't think I'll go back in for more ahead of Burberry's numbers later this month," Securequity sales...

  • *Alcoa sees larger aluminium surplus on rising China exports. *Prospect of cheaper power in China weighs on aluminium. Lead is not very dynamic... but supply is probably not going to be as good as expected, "said Eugen Weinberg, an analyst at Commerzbank.