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  • *Iran says no request received for emergency OPEC meeting. Brent crude, the global benchmark, was down 37 cents at $30.49 a barrel at 1538 GMT. The long awaited massive decline in crude production is not starting again, "said Dominic Chirichella, senior partner at Energy Management Institute in New York.

  • *China's trade data helps provides support. Gains made earlier in the session were reduced when some investors took profit, underlining the fragility of sentiment after a rocky start to the year due to fears over a slowdown in China. Europe is weighed down by a weak start at Wall Street, "said Giuseppe Sersale, fund manager at Anthilia Capital.

  • *China December copper imports up 15 pct at 530,000 T. LONDON, Jan 13- Copper rebounded on Wednesday from the 6-1/ 2 year low it hit a day earlier, as upbeat Chinese trade data helped soothe concerns about metals demand in the world's second-biggest economy. "China copper demand is better than the macro numbers have been suggesting but metals are trading on macro cues......

  • LONDON, Jan 13- Oil and gas production was one of the fastest-growing industries in the United States between 2009 and 2014 according to the U.S. Bureau of Economic Analysis. Oil production increased by more than 60 percent while natural gas production was up by more than 25 percent thanks to the shale revolution. Now the drilling boom is over, lower fuel demand...

  • Jan 13- Please note that the media slug for stories about GE reportedly moving its headquarters to Boston has been changed to GE-HEADQUARTERS from USA- GE/HEADQUARTERS.

  • WASHINGTON, Jan 13- The U.S. Coast Guard will release a proposed acquisition timeline and requirements for two new U.S. icebreakers later on Wednesday, Admiral Paul Zukunft, commandant of the U.S. Coast Guard, said. President Barack Obama in September called for the United States to accelerate plans to buy at least one new heavy icebreaker for the U.S.

  • PARIS, Jan 13- The boss of France's biggest telecoms firm Orange has been ordered to appear before a special disciplinary tribunal next week in connection with a financial scandal while he was chief of staff to the country's finance minister. The hearing relates to a disputed government compensation payment to businessman Bernard Tapie in 2008 when Orange...

  • A letter on Tuesday from Representative Maxine Waters, the top Democrat on the House Financial Services Committee, and fellow committee members Michael Capuano, Emanuel Cleaver and Keith Ellison called on the Justice Department and the Consumer Financial Protection Bureau to "pursue appropriate corrective action" against Clayton. It followed a report...

  • SAO PAULO/ BRASILIA, Jan 13- Shares of Brazil's Braskem SA dropped for a second day on Wednesday on speculation that No. 2 shareholder Petróleo Brasileiro SA is selling the 36.1 percent stake it owns in Latin America's largest petrochemical producer. According to Folha de S. Paulo newspaper, Petrobras, as Brazil's state-controlled oil producer is known, is...

  • Jan 13- Star dealmaker and former Citigroup Inc executive Michael Klein, the lead adviser to Dow Chemical Co on its $130 billion merger with DuPont, has quietly tripled the size of his advisory firm in the last 18 months. His New York- based shop, M. Klein& Co, has no website or marketing materials, and does not even list a phone number for its office. Yet the firm has been...

  • *NCB Q4 net profit 2.13 bln riyals vs 1.83 bln riyals yr-ago. *Banque Saudi Fransi Q4 950 mln riyals vs 851 mln riyals yr-ago. DUBAI, Jan 13- Saudi Arabia's National Commercial Bank and Banque Saudi Fransi both recorded falls in deposits in the last three months of 2015, showing how lower oil prices are squeezing lenders' liquidity.

  • NEW YORK, Jan 13- General Electric Co is set to move its global headquarters to Boston from its current location of Fairfield, Connecticut, the Boston Globe reported on Wednesday, citing a source familiar with the situation.

  • CRUDE OIL FUTURES TURNS NEGATIVE AFTER EIA DATA, FALLS TO AS LOW AS $30.31 A BARREL.

  • MEXICO CITY, Jan 13- ICA, Mexico's biggest construction company, has reached a deal with an unnamed investor related to its homebuilding business, ViveICA, the company said in a statement to the stock exchange on Wednesday. The company, which is in default on its debt payments, did not give details about the transaction but said it will not generate cash flow for ICA...

  • VILNIUS, Jan 13- Lithuania has put plans to buy liquefied natural gas from the United States on hold because the LNG is not yet suitable for the Baltic state's gas system, its state energy company said on Wednesday. The country opened an LNG import terminal in the Baltic Sea at the end of 2014, which allowed it to start importing from Norway and end its total...

  • PUNTO FIJO, Venezuela, Jan 13- Operations at Venezuela's massive 955,000- barrel-per-day Paraguana refinery were paralyzed by an electrical blackout on Wednesday morning, according to two workers and an anti-government union leader. It was not immediately clear what caused the problems reported by the workers at the 645,000- bpd Amuay refinery and...

  • Jan 13- David Tepper- led hedge fund Appaloosa Management LP sued to prevent SunEdison Inc's yieldco from taking over some of Vivint Solar Inc's assets after SunEdison acquires the rooftop panel installer. Appaloosa is seeking "immediate injunctive relief", given that SunEdison's acquisition of Vivint could close "at any time," the hedge fund said in a filing in a...

  • LONDON, Jan 13- Gold inched higher after a low start on Wednesday, but a stronger dollar and a rebound in stock markets capped the upside, reducing its appeal as a safe asset. Spot gold was up 0.1 percent at $1,087.01 an ounce by 1510 GMT, while U.S. gold futures rose 0.2 percent to $1,086.90. "There is a tendency for gold prices to rise in the first few weeks of the year," said...

  • *Risk aversion eases with China trade data. Better-than-expected Chinese trade data eased some of the pessimism over the world's second-largest economy, injecting a sense of calm into financial markets following heavy intervention by Beijing to stem recent declines in the Chinese currency. "The broader market tone is showing signs of tentative risk...

  • *Hungary could benefit from political ructions in rival Poland. BUDAPEST, Jan 13- Hungary could become the favoured destination for investors' cash in Central and Eastern Europe this year on the back of an expected return to investment grade debt rating and concerns about main rival Poland's new right-wing government. Poland, on the other hand, could be losing...