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  • CARACAS, Jan 21- There's a booming new profession in Venezuela: standing in line. As Venezuela's ailing economy spawns unprecedented shortages of basic goods, panic-buying and a rush to snap up subsidized food, demand is high and the pay is reasonable. Unemployed until he tried his new career late last year, Luis earns about 600 bolivars, a whopping $95 at...

  • LONDON, Jan 21- Investors are piling into exchange-traded funds tracking Swiss shares after a 14- percent stock-market drop late last week, when the surprise lifting of a cap on the franc caused it to rally sharply against major currencies. A sample of 48 ETFs tracking Swiss shares recorded net inflows of $705 million in the two days following the Swiss National...

  • MOSCOW, Jan 21- Russia's central bank said on Wednesday that it first of all takes into account controlling inflation when it makes its decisions on its key interest rate. The bank also said it would be willing to lower its key rate if there were a stable trend of falling inflation and inflation expectations. When taking its next key rate decision on Jan. 30, the bank...

  • RUSSIAN CENTRAL BANK SAYS WILL TAKE ITS NEXT KEY RATE DECISION ON JAN 30 TAKING INTO ACCOUNT RISKS TO INFLATION, ECONOMY.

  • RUSSIAN CENTRAL BANK SAYS WILL BE WILLING TO LOWER KEY RATE IF THERE IS STABLE TREND OF LOWERING INFLATION EXPECTATIONS.

  • RUSSIAN CENTRAL BANK SAYS WILL BASE ITS DECSION ON KEY RATES ON CONTROLLING INFLATION.

  • BEIJING/ LOS ANGELES, Jan 21- As Netflix Inc tackles stalling U.S. growth, the online video pioneer known for hit political drama " House of Cards" plans a play for China that may see it lock horns with potent domestic firms that rule the world's biggest Internet market. Hastings told investors Netflix would start with a "modest" move in China centered around its...

  • BRASILIA, Jan 21- Brazil will likely keep its aggressive pace of interest rate increases on Wednesday to rein in surging prices despite growing fears the once-thriving economy could plunge into recession this year. "We also expect the bank to maintain a more aggressive anti-inflation rhetoric in its post-meeting statement," economists with ING said in a note...

  • AMSTERDAM, Jan 21- ASML Holding NV, the world's largest maker of semiconductor production equipment, reported forecast-beating results on the back of stronger-than-expected demand from memory chip makers, sending its shares to a record high. ASML makes lithography machines, which use highly focused beams of light to trace out the circuitry of computer chips.

  • MOSCOW, Jan 21- Russia's Finance Ministry sold 1.11 billion roubles worth of its OFZ treasury bonds at a weekly auction, out of 5 billion roubles on offer, Reuters data showed on Wednesday. This was the ministry's first weekly treasury bonds auction this year. The ministry placed the bonds, maturing in May 2016, at an average yield of 15.27 percent.

  • UnitedHealth fourth-quarter profit beats estimate Wednesday, 21 Jan 2015 | 6:22 AM ET

    Jan 21- UnitedHealth Group Inc, the largest U.S. health insurer, announced better-than-expected fourth-quarter earnings, helped by higher premium revenue. UnitedHealth's earnings rose to $1.5 billion, or $1.55 per share, in the quarter ended Dec. 31, from $1.4 billion, or $1.41 per share, a year earlier. Analysts had expected a profit of $1.50 per share and revenue...

  • LONDON, Jan 21- Emerging stocks jumped 1 percent to six-week highs on Wednesday, boosted by Chinese market gains and prospects for European monetary easing, though Polish banking shares remained under pressure due to fears over households' Swiss franc loans. On currencies, the Nigerian naira hit record lows versus the dollar while Russia's rouble lost ground...

  • By Se Young Lee SEOUL, Jan 21- Apple Inc is chipping away at Samsung Electronics Co Ltd's dominant position in its home turf of South Korea- thanks to its new iPhone 6 series. Apple captured a record 33 percent market share in South Korea in November, the highest ever for a foreign brand, according to a monthly report released by Hong Kong- based market research company...

  • By Denny Thomas HONG KONG, Jan 21- Investment banking fees surged to a seven-year high of $90.1 billion in 2014, driven by deals in North Asia and Southern Europe, with the huge North American market offering ballast in a sector increasingly expected to see some wobbles this year. Fees for deals done in North Asia leapt 28 percent to $7.4 billion while Southern...

  • METALS-Copper edges lower, ECB policy meeting in focus Wednesday, 21 Jan 2015 | 5:48 AM ET

    *Copper down 10 pct in year-to-date. LONDON, Jan 21- Copper prices dipped on Wednesday, under pressure from the uncertain outlook for demand from top consumer China, with investors also eyeing the outcome of this week's European Central Bank policy meeting for signs of stimulus measures. The European economy is "on the brink of deflating" and urgently needs more...

  • GUANGZHOU, Jan 21- As China's economic growth slows, fuelling industrial unrest, independent labour advocates say they have never faced so much intimidation- and they expect it to get worse this year. In coastal areas like Guangdong province in southern China, the slowdown and rising costs are forcing some factories to close or move inland, often without...

  • *Strongest public criticism of OPEC by Oman so far. Oman is a small non- OPEC oil exporter which lacks the huge financial reserves that its Gulf neighbours can use to ride out low energy prices. Iran and Venezuela have already complained bitterly about OPEC policy but Oman, a diplomatic ally of key OPEC states such as Saudi Arabia, had previously held back.

  • *Sales seen slumping in Japan, Indonesia. TOKYO, Jan 21- Toyota Motor Corp projected a drop in annual vehicle sales for the first time in at least 15 years as demand slumps in Japan, Indonesia and other key markets, raising the chance of Volkswagen stealing the industry crown this year. Toyota said on Wednesday it expects 2015 global vehicle sales, including those of...

  • DUBAI, Jan 21- Dubai developer Nakheel expects to maintain profit growth of 40 percent seen last year in 2015 and 2016, its chairman said on Wednesday, as it benefits from diversifying into the retail and hospitality sectors. The positive outlook from Ali Rashid Lootah came after the state-owned company reported a 43.2 percent jump in full-year profit for 2014...

  • *Deal to help Dalian diversify, expand in entertainment. BEIJING, Jan 21- China's biggest property conglomerate, Dalian Wanda Group Co, has bought 20 percent of Spanish soccer champions Atletico Madrid for 45 million euros, becoming the first Mainland company to invest in a premier European club. Under terms of the investment, Dalian will spend an additional 15...