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  • SAN FRANCISCO, June 4- True Ventures said it raised $290 million for its fourth venture fund amid a climate of greater optimism for venture capital, which is digging itself out of an era of low returns and investor discontent.

  • PARIS, June 4- Russia expects France to honor a contract to sell it two Mistral helicopter carriers, President Vladimir Putin said on Wednesday in an interview with French media, also raising the prospect of other deals.

  • NEW YORK/ WASHINGTON, June 4- A federal appeals court on Wednesday handed the U.S. Securities and Exchange Commission a big victory by voiding a judge's pathbreaking decision to reject the regulator's $285 million fraud settlement with Citigroup Inc..

  • BUENOS AIRES, June 4- Argentine growers say they will increase sales of freshly-harvested soy later this month to raise cash needed to make mid-year farm credit payments, temporarily bucking the trend toward hoarding.

  • U.S. small-business hiring rises in May - NFIB Wednesday, 4 Jun 2014 | 3:05 PM ET

    WASHINGTON, June 4- U.S. small businesses increased hiring in May, indicating underlying strength in the labor market even as overall job growth is expected to have cooled last month. The National Federation of Independent Business said on Wednesday small-business owners added an average of 0.11 workers per firm last month.

  • NEW YORK, June 4- U.S. Treasuries yields edged up on Wednesday as investors took profits from the recent rally, before Thursday's highly anticipated European Central Bank meeting. "A lot of the ECB has been priced in and you see some profit taking ahead of them," said Sean Murphy, a Treasuries trader at Societe Generale in New York.

  • June 4- British drugmaker GlaxoSmithKline Plc has agreed to pay $105 million to settle allegations by 44 U.S. states and the District of Columbia that it promoted its medicines for unapproved uses, several states attorneys general announced on Wednesday.

  • NEW YORK, June 4- U.S. stocks rose on Wednesday, with the S&P 500 hitting another intraday record high as investors brushed off weaker-than-expected labor market data and focused on an acceleration in services-sector growth.

  • UAW elects Dennis Williams as president Wednesday, 4 Jun 2014 | 2:06 PM ET

    DETROIT, June 4- The United Auto Workers union elected Dennis Williams to a four-year term as its president on Wednesday. He faces difficult 2015 contract talks with the three major U.S. automakers, General Motors Co, Ford Motor Co and Chrysler, a unit of Fiat Chrysler Automobiles, as UAW members will press for the elimination of a two-tiered wage scale.

  • DENNIS WILLIAMS ELECTED UAW PRESIDENT, TO SERVE SINGLE FOUR-YEAR TERM.

  • LONDON, June 4- Britain's finance minister George Osborne voiced confidence on Tuesday that politicians and regulators from major economies will achieve a framework for sorting out problems with bank regulation within six months.

  • NEW YORK, June 4- Brent crude turned lower, and U.S. crude pared gains on Wednesday on news that Ukraine's president-elect was working on a peace plan and that a meeting with Russia's leader this week in France was not being ruled out. Brent crude for July delivery was down 21 cents at $108.61 a barrel at 1:24 p.m. EDT.

  • NEW YORK, June 4- U.S. shares rebounded slightly on Wednesday after strong data on the U.S. services sector, while soft European economic data weighed on European equities and weakened the euro a day ahead of a closely watched European Central Bank policy meeting.

  • LONDON, June 4- Two men who tricked hundreds of British investors into buying inflated or worthless shares in a 70 million-pound "boiler-room" scam were convicted in a London court on Wednesday.

  • NEW YORK, June 4- An Australian man avoided prison when he was sentenced on Wednesday in New York for illegally processing gambling proceeds through U.S. banks for several major Internet betting sites. District Judge Lewis Kaplan in Manhattan imposed a sentence of time served and a $13 million forfeiture on Wednesday.

  • LONDON, June 4- Britain's finance minister George Osborne voiced confidence on Tuesday that politicians and regulators from major economies will achieve a framework for sorting out problems with bank regulation within six months.

  • *Germany avoids third straight auction failure. LONDON, June 4- German bond yields rose to near two-week highs on Wednesday after strong U.S. services sector data overshadowed weaker than expected private sector jobs data to show solid growth in the world's biggest economy.

  • June 4- British drugmaker GlaxoSmithKline Plc has agreed to pay $105 million to settle allegations by 44 U.S. states and the District of Columbia that it promoted its medicines for unapproved uses, several states attorneys general announced on Wednesday.

  • WARSAW/ PARIS, June 4- French President Francois Hollande said on Wednesday he will raise concerns about a possible $10 billion- plus U.S. fine on BNP Paribas that he considers "disproportionate" with his U.S. counterpart Barack Obama.

  • WASHINGTON, June 4- U.S. companies hired far fewer workers than expected in May, but an acceleration in services sector growth supported views the economy was regaining strength after sagging early this year.