Oct 20- Hasbro Inc, the second-largest U.S. toymaker, reported a strong quarterly profit, driven by robust sales of Marvel and Transformers action figures in emerging markets such as Latin America and the Asia Pacific region. Hasbro's results were stronger than those of larger rival Mattel Inc, which last week posted its fourth straight quarterly fall in sales.» Read More
EUROPEAN ENERGY COMMISSIONER SAYS RUSSIA AND UKRAINE WILL TRY TO MAKE PROGRESS IN GAS TALKS IN NEXT 48 HOURS.
LONDON/ BRUSSELS, June 11- The European Commission raised pressure on Ireland, the Netherlands and Luxembourg over their corporate tax practices, saying it was investigating deals the countries have cut with Apple, Starbucks and Fiat.
BRUSSELS- EUROPEAN ENERGY COMMISSIONER SAYS PRICE DISCUSSIONS INCLUDE FRAMEWORK THAT WOULD PROVIDE CERTAINTY FOR 12 MONTHS.
June 11- Chinese e-commerce company Alibaba Group Holding Ltd unveiled its first U.S. direct-to-consumer online shop, "inspired by the local Main Street shopping experience."
*Micron higher in premarket, Credit Suisse ups target. *Sounding a cautious note, the World Bank late Tuesday cut its global economic growth forecast to 2.8 percent from 3.2 percent due to the impact of the Ukraine crisis and a harsh U.S. winter.
June 11- Portola Pharmaceuticals said its experimental drug reversed the effect of a generic blood thinner in a mid-stage study, indicating the drug would allow coagulation in cases of excessive bleeding or urgent surgery. The company's shares rose 7 percent in premarket trading.
PARIS, June 11- The French government published a draft mini-budget on Wednesday that includes an extra 4 billion euros in public spending cuts and tax relief for nearly 4 million households, as Paris tries to meet deficit targets while placating angry voters.
*Shanghai copper premiums fall $10 to $70- $90- Shmet. *New developments in China port probe weigh on copper. LME copper traded down 0.28 percent at $6,656 a tonne in rings, after touching $6,628 a tonne on Tuesday, its lowest since May 7 on worries that copper financing in China will be harder to come by as the port probe runs its course.
DETROIT, June 11- U.S. safety regulators said on Wednesday that General Motors Co no longer has to pay a $7,000 daily fine for its failure to supply required documents about the defective ignition switch linked to at least 13 deaths.
BRUSSELS- RUSSIAN ENERGY MINISTER SAYS ANY FUTURE RUSSIA, UKRAINE GAS PRICE TALKS CONDITIONAL ON MOVEMENT FROM UKRAINE, NO DEAL YET.
LONDON, June 11- Palladium hit its highest level in more than three years on Wednesday, underpinned by a five-month strike in South Africa, while gold edged above $1,260 an ounce as European shares slipped and the dollar weakened.
BERLIN, June 11- German conglomerate Siemens and Japan's Mitsubishi Heavy Industries on Wednesday said they had joined forces for a possible bid for some assets of France's Alstom. Siemens and Mitsubishi said in a joint statement they would decide on a proposal to Alstom's board of directors by Monday next week.
DECISION WILL ALLOW IT TO COMPETE FOR $400 MLN OF ADDITIONAL BUSINESS.
WASHINGTON, June 11- Satellite imagery provider DigitalGlobe Inc said the U.S. government had approved its longstanding request to sell higher-resolution images, a move that could unlock $400 million in additional market opportunities for the company.
DIGITALGLOBE SAYS RECEIVES APPROVAL FROM U.S.
VIENNA, June 11- OPEC agreed on Wednesday to renew its oil production ceiling of 30 million barrels a day for the second half of this year, in a widely anticipated decision.
LONDON, June 11- Japan Tobacco Inc has agreed to buy the maker of E-Lites, a leading brand of e-cigarettes in Britain, giving it entry into the fast-growing market for tobacco alternatives. Japan Tobacco said on Wednesday that it had agreed to buy all outstanding shares of E-Lites' parent company Zandera, founded in 2009..
*China is Inditex's second largest market. MADRID, June 11- Zara owner Inditex, the world's largest fashion retailer, plans to join China's fast-growing Tmall online marketplace to strengthen its position in a country that is already its second biggest by store numbers behind Spain.
Treasury Secretary Jack Lew said on Wednesday the economy was gaining traction but that the lack of progress on wages and employment remains disappointing. In remarks to the New York Economic Club, Lew said that for the high numbers of unemployed, and those whose wages have stagnated, "this hardly feels like a recovery."
That happened to Carrie Walczak, an American living in Germany, in May. Walczak, a 37- year-old from upstate New York, lived in Brussels for seven years with her Belgian husband before moving to Bad Homburg, Germany, where she has resided for the past 18 months.