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NEW YORK, Jan 11- An improving economic outlook held world shares near a 20- month high on Friday, while the euro rose to its highest against the dollar since April in the wake of encouraging remarks from the head of the European Central Bank.
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LONDON, Jan 11- Global investors seem happy to slip back into riskier waters of emerging market equities once again but it's a step-by-step process and ways of staying in the shallows are still being sought by many.
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NEW YORK, Jan 11- Brent crude futures fell more than $2 and U.S. crude more than $1 on Friday as concerns about demand, a U.S. crude oil pipeline expansion and plunging gasoline futures pressured oil prices. Brent February crude was down $1.95 at $109.94 a barrel at 10:39 a.m. EST, after dropping to $109.60 and having reached $111.95.
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WASHINGTON, Jan 11- A federal appeals court ruled on Friday that Netflix Inc got an unfair advantage from the way the U.S. Postal Service processes its DVDs, and it ordered postal officials either to remedy the discrimination or offer a good explanation.
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*BAIC Group aims to list passenger car unit in 2013. FRANKFURT, Jan 11- Daimler AG is eyeing a stake in the passenger car unit of its Chinese partner BAIC Group as part of efforts to boost its position in the world's largest car market, three people close to the plans said.
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*Wells Fargo shares drop despite record profit. *Boeing falls as Dreamliner hit by two more incidents. NEW YORK, Jan 11- U.S. stocks dipped on Friday after a record profit at Wells Fargo failed to attract buyers and Boeing shares were pressured by two further problems with its new Dreamliner aircraft.
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Jan 11- Best Buy Co Inc on Friday showed the first concrete signs of a turnaround in its U.S. stores, with flat same-store sales during the key holiday season, surprising analysts who had expected a decline.
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a comprehensive review of the Boeing 787 airplane, with a special focus on its electrical systems, following a series of recent safety incidents, the new head of the Federal Aviation Administration said on Friday. Transportation Secretary Ray LaHood and Boeing commercial airplanes chief Ray Conner.
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NEW YORK, Jan 11- U.S. regulators are likely to order JPMorgan Chase& Co to correct lapses in how it polices suspect money flows, in an action expected as soon as Friday, people familiar with the situation said. JPMorgan will probably not have to pay a monetary penalty, according to one person familiar with the situation. A JPMorgan spokeswoman declined to comment.
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*Foreign investors should help Spain meet 2013 funding. LONDON, Jan 11- Spain should be able to meet its massive 2013 borrowing needs because yield-hungry foreign investment funds cannot afford to miss out on the juicy interest rates paid out on Spanish bonds.
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Jan 11- CDC weekly report:. *CDC says 24 states, New York City experienced "high-activty" in flu-like. Regions, only southwest, California have' normal' flu activity-.
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Jan 11- The U.S. Federal Aviation Administration wants to maintain public confidence in Boeing Co's new 787 Dreamliner passenger jet after a series of safety incidents prompted a comprehensive review, FAA Administrator Michael Huerta said on Friday. At a press conference in Washington, Huerta's boss, U.S.
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Jan 11- East Carolina University has filed a lawsuit against Cisco Systems Inc over the use of its registered trademark "Tomorrow Starts Here", which is central to the network equipment company's new marketing campaign.
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LONDON, Jan 11- Fracking and a global surge in offshore exploration pose the biggest challenge to Saudi Arabia's oil policy since the 1980 s.
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*4th- quarter profit 91 cents/ share vs 73 cents a year ago. Jan 11- Wells Fargo& Co on Friday said fourth-quarter profit rose 24 percent to a record high as the bank set aside less money to cover bad loans and made more fees from mortgages.
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Jan 11- The recent safety issues with the new Boeing Co 787 passenger jet were not caused by outsourcing production or by ramping up production too quickly, the head of Boeing's commercial airplane unit said on Friday. At a press conference in Washington, Ray Conner said Boeing was not seeing anything "exceptionally unusual" for a new plane.
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Jan 11- Boeing Co on Friday said it welcomed a joint review of safety issues with its 787 passenger jet, after a series of incidents that prompted U.S. regulators to investigate.
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*Fed will buy $4.75- 5.75 bln in notes due 2017-2018. NEW YORK, Jan 11- U.S. You do have a better atmosphere and little more appetite for risk out there, which means Treasuries usually suffer the brunt of that, "saud Sean Murphy, a Treasuries trader at Societe Generale in New York."
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SOMERSET, N.J., Jan 11- The Federal Reserve's aggressive policy accommodation may be frustrating Americans' efforts to restore their personal wealth and may actually slow a broader rebound in U.S. consumption, a top official at the U.S. central bank said on Friday.
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*Euro/dollar rises to highest since April 2012 on Draghi comments. NEW YORK, Jan 11- The euro rose to its highest since April 2012 against the dollar on Friday with investors continuing to trade on the absence of any hints as to future euro zone interest rate cuts from European Central Bank President Mario Draghi on Thursday.