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  • FOREX-Dollar bolstered by U.S. rate, economic outlook Tuesday, 13 Jan 2015 | 10:59 AM ET

    *Dollar recovers from lows vs yen. NEW YORK, Jan 13- The dollar gained on Tuesday, still benefiting from more upbeat U.S. economic prospects compared with the rest of the world that should keep the Federal Reserve on track to raise interest rates this year. "In any case, the dollar remains a better investment than most other major currencies, at least for now," said Omer...

  • CRUDE AND BRENT OIL FUTURES MOVES TO PARITY, FIRST TIME SINCE OCT 2014.

  • ADDIS ABABA, Jan 13- Ethiopian Airlines is in talks with Rwanda and the Democratic Republic of Congo to purchase stakes in their carriers and manage them, its chief executive told Reuters. Discussions with Kigali and Kinshasa follow similar deals with Malawi and South Sudan, part of efforts to become a global carrier and put the airline at the heart of travel in...

  • TREASURIES-U.S. yields rise ahead of 10-year note sale Tuesday, 13 Jan 2015 | 10:41 AM ET

    Treasuries yields rose on Tuesday as investors and Wall Street dealers reduced their debt holdings ahead of a $21 billion auction of 10- year government notes even as oil prices sank to their lowest in nearly six years. Gains on Wall Street, partly due to stronger-than-expected quarterly results from aluminum producer Alcoa, and a growing supply of...

  • *Prospect of ECB actions lifts shares in Europe, U.S. NEW YORK, Jan 13- Stock markets around the world rose on Tuesday, rebounding after a recent bout of weakness as investors bet that there would be economic stimulus measures from the European Central Bank and as early reads on the U.S. earnings season came in strong. Policymakers fear cheap oil could put key...

  • DUBAI, Jan 13- The court administering Dubai World's restructuring has set March 17 as the provisional date for creditors to vote on whether to back a $14.6 billion debt deal. Under the plan, announced by Dubai World on Monday, part of its debt will be repaid early and the maturity of the rest extended by four years to 2022 with added incentives for creditors.

  • *CAISSE SAYS FIRST TWO PROJECTS VALUED AT ABOUT C$5 BLN Tuesday, 13 Jan 2015 | 10:30 AM ET
  • MONTREAL, Jan 13- Quebec's largest pension fund said on Tuesday it struck a deal with the cash-strapped provincial government to finance, develop and operated major infrastructure projects, highlighting the appetite of such funds for unconventional assets.

  • CAISSE DE DEPOT PENSION FUND REACHES DEAL WITH QUEBEC GOVERNMENT TO DEVELOP AND OPERATE INFRASTRUCTURE PROJECTS.

  • Jan 13- California is seeking to suspend Ocwen Financial Corp's license to operate in the state, saying the mortgage collection company failed to submit papers showing that it complies with state laws, the Los Angeles Times reported. California accuses Ocwen of not providing information requested by the state's Department of Business Oversight, which...

  • MOSCOW, Jan 13- The Russian central bank has set a limit on rouble liquidity available via foreign currency swaps at $10 billion per day between Jan. 13 and Jan. 31, it said in a statement on Tuesday. It added that the limit could be adjusted if needed. The central bank raised the limit to $10 billion from $2 billion in mid-December to alleviate a shortage of roubles in...

  • WASHINGTON, Jan 13- The U.S. Supreme Court on Tuesday ruled in favor of homeowners seeking to back out of mortgages when lenders are accused of failing to follow a federal "truth in lending" law. On a 9-0 vote, the court handed a win to an Eagan, Minnesota couple, Larry and Cheryle Jesinoski, over the $611,000 loan they obtained in 2007 from Countrywide Home Loans Inc, now...

  • RUSSIAN CENTRAL BANK SETS LIMIT ON ROUBLE LIQUIDITY VIA FX SWAP AT $10 BLN FROM JAN 13 TO JAN 31.

  • WASHINGTON, Jan 13- The U.S. Supreme Court on Tuesday ruled in favor of homeowners seeking to back out of mortgages when lenders are accused of failing to follow a federal "truth in lending" law. On a 9-0 vote, the court handed a win to an Eagan, Minnesota couple, Larry and Cheryle Jesinoski, over the $611,000 loan they obtained in 2007 from Countrywide Home Loans Inc, now...

  • Jan 13- IHS Inc, the publisher of Jane's Defence Weekly, reported a better-than-expected quarterly profit, helped by lower operating expenses. "We took a pause after our very big acquisition of R.L. Polk, we de-levered and now we are acquiring again," Chief Executive Scott Key said. The company's net income increased to $60.1 million, or 87 cents per share, in the...

  • *KB Home lifts housing index after earnings. NEW YORK, Jan 13- U.S. stocks rallied on Tuesday to bounce from a two-day decline as financial results from Alcoa helped ease some investor worry regarding the corporate earnings season. Alcoa Inc reported a higher-than-expected quarterly profit due to automotive demand, higher aluminum prices and lower energy...

  • BUDAPEST, Jan 13- Hungary wants Russia to store more gas in the central European country's big underground reservoirs to boost supply security, Hungary's foreign minister told Reuters on Tuesday. Hungary, which is heavily reliant on Russian gas imports, is seeking to secure new gas supply options after Russia cancelled the South Stream project last year, Peter...

  • *Oil importer Egypt outperforms; GB Auto soars again. Brent crude fell to its lowest level in almost six years and traded below $46 per barrel on Tuesday as the United Arab Emirates defended OPEC's decision not to cut output to tackle a glut in the market. "The markets fell very steeply in the fourth quarter and hence investors think there is value in this market," said...

  • NEW YORK, Jan 13- U.S. stocks rose broadly at the open on Tuesday, following two days of losses on the S&P 500, the day after financial results from Alcoa helped ease some investor jitters regarding the corporate earnings season.

  • The company, based in San Luis Obispo, California, is working with banks including Morgan Stanley, Credit Suisse and UBS on the potential offering, which could come in the second or third quarter, these people said. Representatives for Mindbody, Morgan Stanley, Credit Suisse and UBS declined to comment. It has raised more than $100 million in funding with backers...