*Stimulus measures from Japan, China lend some support. LONDON, Dec 29- Brent crude oil rose to $60 per barrel on Monday, supported by concern about disruption to exports from Libya, but a global supply glut kept prices nearly 50 percent off their peak for the year. "There's tension in Libya, but liquidity is very thin so not much is needed to move oil prices," said Hans van...» Read More
Aug 12- Darden Restaurants Inc's board looks vulnerable to a key activist shareholder's push for a shakeup that could pave the way for broader changes at the underperforming owner of Olive Garden and LongHorn Steakhouse.
SAN FRANCISCO, Aug 12- An Activision Blizzard executive said on Tuesday the company's upcoming "Destiny" shooter game has set a video game industry record as the most pre-ordered new title.
*Kate Spade plunges 23 pct in busiest trading day. NEW YORK, Aug 12- U.S. stocks fell modestly on Tuesday afternoon, with energy shares leading losses as investors monitored developments in Russia and Ukraine and the price of oil fell. Russia sent a convoy of 280 trucks carrying humanitarian aid to eastern Ukraine on Tuesday.
Consumer Reports now says electric carmaker Tesla Motors Inc's Model S sedan has had "more than its share of problems."
WASHINGTON/ NEW YORK, Aug 12- Approaching a historic turn in U.S. monetary policy, Janet Yellen has staked her tenure as chair of the Federal Reserve on a simple principle: she'd rather fight inflation than another economic downturn.
WASHINGTON, Aug 12- The U.S. budget deficit was $95 billion at the end of July, down 3 percent from the same period last year, according to data released by the Treasury Department on Tuesday.
Activision Publishing Chief Executive Eric Hirshberg, speaking at the Gamescom video game conference in Cologne, Germany, said the game is "the most pre-ordered new IP in history," according to video game retailer GameStop.
Aug 12- Boeing Co said it had been jointly selected with United Technologies Corp's Sikorsky unit to build a next-generation multi-role helicopter for the U.S. Army. The first flight for the program is expected in 2017, Boeing said. The company did not disclose the value of the contract.
A key part of that strategy was for the United States to stop using public money to finance the construction of most coal-fired power plants abroad, seen as one of the main causes of rising pollution from heat-trapping gases.
*OPEC output hits five-month high in July- IEA. NEW YORK, Aug 12- Brent crude oil fell to a 13- month low on Tuesday as increased OPEC production helped dampen concerns over potential supply disruptions in Iraq and Libya. OPEC output hit a five-month high of 30.44 million barrels per day in July with a 300,000- bpd rise led by Saudi Arabia and Libya, the IEA said.
NEW YORK, Aug 12- International banks are struggling to reach a deal to buy a chunk of Argentine sovereign debt held by New York hedge funds suing the country, sources close to the negotiations said on Tuesday.
ACTVISION BLIZZARD EXECUTIVE SAYS "DESTINY" SHOOTER GAME IS THE MOST PRE-ORDERED NEW GAME IN HISTORY.
SAN FRANCISCO, Aug 12- Sony Corp said on Tuesday that sales of its PlayStation 4 video game console, launched in November, has surpassed 10 million units. The console went on sale on November 29 in the United States, Western Europe and Latin America, around the same time that rival Microsoft Corp's Xbox One was released.
WASHINGTON, Aug 12- U.S. corn production in 2014 will crack the 14- billion-bushel mark for the first time, the U.S. Department of Agriculture said on Tuesday, although the crop forecast was slightly below trade expectations and could provide relief to the beaten-down corn futures market.
SAN FRANCISCO, Aug 12- Sony Corp said on Tuesday it has sold 10 million PlayStation 4 units since its launch in November last year.
NEW YORK, Aug 12- Argentina's holdout creditors and international banks are struggling to strike a deal on the. Citi, Deutsche Bank, HSBC and JP Morgan last week offered the holdouts 40 cents on the dollar for the roughly US $1.66 bn bonds, including interest, they own, and raised that offer to 50 cents on Monday, the sources said.
SONY CORP SAYS IT HAS SOLD 10 MILLION PLAYSTATION 4 UNITS SINCE ITS LAUNCH IN NOVEMBER LAST YEAR.
*Threat of more sanctions on Russia puts off investors. LONDON, Aug 12- With the threat of further Western economic sanctions hanging over Russia, foreign investors are deserting Moscow's equity markets and funnelling cash into other BRICS states, with China a standout beneficiary.
BRENT CRUDE OIL FUTURES EXTEND LOSSES, FALL $2 ON AMPLE SUPPLY.
PARIS, Aug 12- Belgian power grid operator Elia, State Grid Corporation of China, Italian grid operator Terna and Canadian pension fund PSP Investments have been shortlisted to bid for a 66 percent stake in Greek grid operator ADMIE, a source familiar with the bidding process told Reuters.