WASHINGTON, Jan 26- The U.S. Supreme Court on Monday sent three patent cases, including one dispute over Shire Plc's Lialda drug, back to a lower court for further proceedings in light of a ruling the justices issued last week. Watson Pharmaceuticals, U.S. Supreme Court, No. 14-206.. Butamax Advanced Fuels LLC and Lighting Ballast Control LLC v.» Read More
MUSLIM CLERIC ABU QATADA RELEASED FROM JORDANIAN PRISON FOLLOWING COURT VERDICT THAT CLEARS HIM OF TERROR CHARGES- JUDICIAL SOURCE.
WOLFSBURG, Germany, Sept 24- In an era of automation, robotics and spotless factory floors, you don't expect to see car workers lugging metal along a production line. But at Volkswagen's main Wolfsburg plant earlier this year, workers had to resort to handing metal sheets to robots working on the E-Golf, said people who saw it happen.
ARBIL, Iraq, Sept 24- Aid agencies are tightening security measures in the Middle East and increasingly outsourcing work to local organizations to limit their exposure to multiplying risks across the region.
MOSCOW, Sep 24- The Russian Finance Ministry sold all 10 billion roubles of 10- year OFZ treasury bonds on offer at auction on Wednesday at an average yield of 9.37 percent. The auction was the first to be held since mid-July. The ministry had canceled nine straight weekly auctions of OFZ bonds due to "unfavorable market conditions."
*Asia's interest in US LPG grows amid shale oil boom. SINGAPORE, Sept 24- CME Group is targeting raising its market share in Brent, the largest energy product traded globally, by at least a third in a move that will make the crude futures contract its third-biggest product, an executive of the bourse operator said.
LONDON, Sept 24- The order book for the Netherlands' new five-year bond closed at 13.7 billion euros on Wednesday, the Dutch State Treasury said. Real money accounts such as asset and fund managers as well as pension funds accounted for 35 percent of the orders, it said in a statement.
DUBAI, Sept 24- Saudi Arabia's economic growth eased to an annual 3.8 percent in the second quarter of 2014, the lowest rate in a year, because of a slowdown in the oil sector, official data showed on Wednesday.
*Citizens shares priced at $21.50, below $23- 25 predicted range. LONDON, Sept 24- The biggest U.S. bank listing since the financial crisis got a lukewarm reception from investors, forcing Royal Bank of Scotland to cut the price of shares sold in Citizens Financial Group.
MOSCOW, Sept 24- Russia's economy will stagnate, with growth set to be no more than 0.5 percent in 2014-2016, the World Bank said on Wednesday, with the country paying the price for the Ukraine crisis, lack of structural reforms and uncertain economic policy.
*Business could draw insurers from Japan, Canada. SYDNEY/ HONG KONG, Sept 24- National Australia Bank is considering the sale of its life insurance unit worth an estimated $800 million, seeking to boost earnings and returns on capital, people familiar with the matter told Reuters.
WORLD BANK SAYS CONTINUED ECONOMIC POLICY UNCERTAINTY, LACK OF STRUCTURAL REFORMS BRING SUBSTANTIAL RISKS TO RUSSIA'S MEDIUM-TERM OUTLOOK.
WORLD BANK BASE SCENARIO ENVISAGES RUSSIA'S 2014 CAPITAL ACCOUNT DEFICIT AT $113 BLN, CAPITAL OUTFLOW AT $60.1 BLN NEXT YEAR.
WORLD BANK SAYS RUSSIA'S FISCAL POSITION INCREASINGLY LINKED TO OIL REVENUES AND GLOBAL OIL PRICE TRENDS.
WORLD BANK SEES RUSSIA'S GDP GROWING BY 0.3 PCT IN 2015 AND 0.4 PERCENT IN 2016, BELOW GOVT FORECAST OF 1.2 PCT GROWTH NEXT YEAR AND 2 PCT IN 2016.
WORLD BANK CUTS ITS BASE SCENARIO FOR RUSSIA'S 2014 GROWTH TO 0.5 PCT FROM EARLIER LOW-RISK SCENARIO OF 1.1 PCT, WARNS OF STAGNATION IN COMING YEARS.
WORLD BANK SEES RUSSIA'S 2014 INFLATION AT 8 PCT, AGAINST CENBANK FORECAST OF 7.5 PCT.
MOSCOW, Sept 24- A Moscow court adjourned on Wednesday without ruling on an appeal by businessman Vladimir Yevtushenkov against his house arrest as part of an investigation into money-laundering charges.
LONDON, Sept 24- Oil fell towards $96 a barrel as rising supply from Africa and Iraq offset rising tension in the Middle East and better than expected data in China. Weak European economic data and a rise in oil exports from Iraq, Libya and Nigeria have hammered the oil price, which is down nearly 14 percent this quarter.
PARIS, Sept 24- European stocks settled following a sharp two-day slide as the European Central Bank renewed its pledge to keep monetary policy loose for a long time, while Brent crude slipped further on excess supply. It's positive, but won't be enough to really prevent stocks from drifting lower, " Saxo Bank trader Andrea Tueni said.