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  • *Oil prices fall for sixth day in a row. Jan 11- U.S. stocks broadly rose on Monday, led by Apple, as they rebounded off their worst-ever start to a year and with the corporate earnings season set to kick off. Global stocks were mixed as jittery investors looked for stability after a bruising start to the year due to declining oil prices and mounting worries about a China-...

  • LONDON, Jan 11- For the suite of industrial metals traded on the London Metal Exchange the new year has started off where the last one left off. China, of course, is why most of the LME metals are sliding back towards financial crisis levels. With no sign of any demand driver to replace the loss of China, the focus is on supply and each metal's cost curve, a moving target...

  • WASHINGTON, Jan 11- The U.S. Supreme Court on Monday rejected a bid by Nestle SA, the world's largest food maker, and two other companies to throw out a lawsuit seeking to hold them liable for the use of child slaves to harvest cocoa in Ivory Coast. The high court left in place a December 2014 ruling by the San Francisco- based 9th U.S. Circuit Court of Appeals that refused...

  • DETROIT, Jan 11- Sales of Audi's luxury cars may hit a fresh record this year helped by demand in Europe and the United States, Chief Executive Rupert Stadler said at the Detroit auto show on Monday. Global deliveries of Volkswagen's flagship division rose to a new record of more than 1.8 million cars in 2015 from 1.74 million a year earlier. World auto markets may...

  • WASHINGTON, Jan 11- The U.S. Supreme Court on Monday declined to hear an appeal filed by three former executives of Swiss global investment bank UBS AG convicted of conspiring to deceive U.S. cities and towns by rigging bids to invest municipal bond proceeds. The court left in place a June 2015 ruling by the 2nd U.S. Court of Appeals that upheld the 2012 convictions...

  • WASHINGTON, Jan 11- The U.S. Supreme Court on Monday declined to hear a Johnson& Johnson subsidiary's appeal of a $124 million penalty imposed by South Carolina after a jury found the drugmaker had improperly marketed the anti-psychotic drug Risperdal and concealed its risks.

  • BEIJING/ SHANGHAI, Jan 11- A renewed plunge in Chinese stock markets has stoked concerns among global investors about the health of the world's second-biggest economy, but there is little evidence that the outlook for China has darkened dramatically in recent weeks. China's economy lost steam steadily through 2015 and economists are split over when they...

  • The high court left in place a December 2014 ruling by the San Francisco- based 9th U.S. Circuit Court of Appeals that refused to dismiss a lawsuit against Nestle, Archer-Daniels-Midland Co and Cargill Inc filed by former victims of child slavery.

  • Jan 11- U.S. stocks opened higher on Monday as the corporate earnings season is set to kick off, with Alcoa reporting after the close. The Dow Jones industrial average rose 73.14 points, or 0.45 percent, to 16,419.59. The S&P 500 gained 8.74 points, or 0.45 percent, to 1,930.77 and the Nasdaq Composite index added 29.59 points, or 0.64 percent, to 4,673.22.

  • BEIJING, Jan 11- China's central bank plans to keep the yuan basically stable against a basket of currencies, and fluctuations of the Chinese currency against the U.S. dollar will increase, its chief economist Ma Jun said on Monday. China's yuan currency is also known as the renminbi, which means the people's money. China's markets have had a volatile start to the...

  • SAO PAULO, Jan 11- The Mexican peso and the Brazilian real strengthened on Monday after heavy losses last week, but concerns lingered about erratic currency policy in China. "The Chinese refuse to fix things," said Pedro Tuesta, an economist with 4 Cast Inc in Washington D.C. "The Mexican peso is having a technical rebound, but with oil prices down we should expect a test...

  • AUDI CAR SALES MAY GROW FURTHER IN 2016 - CEO.

  • AUDI CEO SAYS WORLD CAR MARKETS MAY GROW AROUND 2 PERCENT IN 2016.

  • FRANKFURT, Jan 11- German car parts and tires maker Continental expects a more volatile Chinese market this year and sees U.S. vehicle deliveries stable at about 17.5 million, its finance chief told Reuters on Monday. Wolfgang Schaefer said U.S. sales could fall in 2017 or 2018, however, due to potentially rising interest rates and the falling oil price.

  • Jan 11- U.S. stock indexes were set to open slightly higher on Monday as Wall Street comes off its worst-ever start to a year and the corporate earnings season kicks off. Global stocks were mixed as jittery investors looked for stability after a bruising start to the year due to declining oil prices and mounting worries about a China- led slowdown in global...

  • *Bank of England delaying rate rise till pay picks up. LONDON, Jan 11- Britain's economy is heading into its seventh year of growth after the financial crisis but for many employers such as Mike Naylor, who runs a small metal-casting firm, business is too uncertain to raise staff pay by much this year. With the Bank of England holding off on raising record-low...

  • *Cases still open for Ireland, Luxembourg. *Belgium keeps open option of appeal. BRUSSELS, Jan 11- The European Commission ordered Belgium on Monday to recover 700 million euros from 35 large companies in back taxes in the EU executive's biggest move yet to crack down on tax avoidance by multinationals.

  • BEIJING, Jan 11- China's central bank plans to keep the yuan basically stable against a basket of currencies and fluctuations of the Chinese currency against the U.S. dollar will increase, its chief economist said on Monday. The yuan will also not be strictly pegged to the currency basket, Ma Jun, the People's Bank of China's chief economist, said in a statement...

  • JOHANNESBURG, Jan 11- South Africa's rand plummeted to a record low on Monday as global concerns about China's economy added to investors' worries about domestic political and economic strains before municipal elections later this year. The rand fell more than 9 percent to 17.9950 against the dollar, by far its weakest level on record, on fears that China wants...

  • LONDON/ SKOPJE, Jan 11- British luxury carmaker Aston Martin, which is deciding where to build a new plant to expand its product range and return to profitability, is considering a site in Macedonia, two sources familiar with the matter said. "Macedonia is a recent and late contender having been previously ruled out," one of the sources said. A senior government...