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  • LONDON, Nov 17- Political rhetoric raising the possibility that Britain may leave the European Union could already be deterring foreign investment and harming London's financial services industry, a top UK investor said. Britain is due to hold a general election next year with the country's relationship with Europe a key issue. Nusseibeh highlighted the...

  • Nov 18- CytRx Corp said the U.S. Food and Drug Administration placed a hold on enrolling new patients in clinical trials of its experimental cancer drug after a patient died, sending the company's shares down 11 percent in premarket trading. Patients already enrolled in the trials, currently in mid stage, will continue receiving the treatment, CytRx said.

  • NEW YORK, Nov 18- U.S. stock index futures were little changed on Tuesday following a record close on the S&P 500 and ahead of producer inflation data. *Shares in Europe advanced, boosted by German analyst and investor sentiment, which rose in November for the first time in almost a year, raising hopes of an improvement in Europe's biggest economy.

  • *Catch-up effects in south Europe driving demand- analyst. Sales rose in all major markets except France, highlighting that country's struggle to kick-start growth. Passenger car registrations in the European Union and European Free Trade Area rose to 1.11 million vehicles last month from 1.05 million in October 2013, the Association of European Carmakers...

  • BRUSSELS, Nov 18- Ukraine aims to avoid using an interim gas deal signed last month for as long as it can and eventually end its reliance on Russian gas through better EU connections, Naftogaz Chief Executive Andriy Kobolyev told Reuters on Tuesday. Ukraine and Russia signed an agreement, brokered by the European Commission, at the end of October to cover gas...

  • LONDON, Nov 18- Brent crude oil steadied on Tuesday, holding above $79 a barrel after hitting a four-year low last week, as speculation intensified that OPEC could cut output at its meeting on Nov. 27 in Vienna. The head of Russia's state-backed oil giant Rosneft will fly to Vienna on Nov. 25, just two days before OPEC members meet in the city. "We are getting closer to...

  • Sears Canada posts loss as sales fall Tuesday, 18 Nov 2014 | 7:09 AM ET

    Nov 18- Sears Canada Inc reported its third straight quarterly loss, as sales continued to decline at the struggling department store chain. Net loss widened to C $118.7 million, or C $1.16 per share, in the third quarter ended Nov. 1, from C $48.8 million, or 48 Canadian cents per share, a year earlier. The company, in which Sears Holdings Corp has a stake, said revenue fell...

  • NEW YORK/ LONDON/ SHENZHEN, Nov 18- There is no trace of Shenzhen Lanhao Days Electronic Technology Co Ltd at its listed address in the beige and pink-tiled " Fragrant Villa" apartment complex in this southern Chinese city. But a Western intelligence report reviewed by Reuters says Shenzhen Lanhao is one of several companies in China that receives money from Iran...

  • MOSCOW, Nov 18- The head of Russia's central bank defended on Tuesday its decision to float the rouble, saying it had restricted speculative attacks on the currency and the country's financial markets were resilient to a slump in oil prices. The central bank has been under intense pressure to stem a slide in the rouble, which has fallen almost 30 percent against...

  • Nov 18- Home Depot Inc, the world's No.1 home improvement chain, reported a better-than-expected quarterly profit as an improving job market encouraged Americans to spend more on renovations. The retailer is facing at least 44 civil lawsuits related to the breach in the United States and Canada. Home Depot's net income rose to $1.54 billion, or $1.15 per share, in...

  • *More stimulus in Japan would hurt yen, but details scant. LONDON, Nov 18- The euro regained ground against the dollar on Tuesday after a better than expected survey of German economic sentiment while the yen touched a seven-year low after a snap election was called in Japan. "This had been so well advertised ahead of the fact so people are just taking some profit on...

  • *AstraZeneca designates oncology as new growth driver. LONDON, Nov 18- AstraZeneca touted an "industry-leading" line-up of hot new cancer drugs at an investor day on Tuesday, aiming to show it has a strong independent future after seeing off a $118 billion bid from Pfizer in May. AstraZeneca is his biggest holding.

  • *General election expected to be held on Dec. 14. *Planned October 2015 sales tax rise delayed for 18 months. TOKYO, Nov 18- Japanese Prime Minister Shinzo Abe said on Tuesday that he would call an early election to seek a fresh mandate for his economic policies, and postpone an unpopular sales tax rise, a day after data showed the economy had slipped back into recession.

  • MOSCOW, Nov 18- Russia's central bank said on Tuesday it would continue to limit rouble liquidity through its repurchase agreements and foreign currency swaps. "We do not propose to introduce legal restrictions on speculators, as we believe that does not make sense," the central bank said in e-mailed comments. "But we will continue to limit the provision of rouble...

  • RUSSIAN CENTRAL BANK SAYS WILL CONTINUE TO LIMIT VOLUME OF ROUBLE LIQUIDITY THROUGH FX SWAPS AND REPO OPERATIONS.

  • FDA puts partial hold on CytRx cancer drug trials Tuesday, 18 Nov 2014 | 6:36 AM ET

    Nov 18- CytRx Corp said the United States Food And Drug Administration has placed a partial hold on clinical trials of its experimental cancer drug after a patient died. CytRx shares were down 10 percent in premarket trading. The patient received the drug, aldoxorubicin, under the company's expanded access program that makes promising drugs and devices...

  • Nokia announces new brand-licensed tablet computer Tuesday, 18 Nov 2014 | 6:34 AM ET

    HELSINKI, Nov 18- Finland's Nokia announced a brand-licensed tablet computer which runs on Google's Android platform, just six month after the company sold its ailing phones and devices business to Microsoft for over $7 billion. Nokia said the manufacturing, distribution and sales of the N1 tablet will be handled by Taiwan's Foxconn. After the 5.6...

  • *FTSEurofirst 300 up as PM Abe calls Japan election, delays tax rise. LONDON, Nov 18- European shares rose and bond yields fell on Tuesday on hopes that a snap election and delayed tax increase in Japan might lead to more economic stimulus measures, which also knocked the yen to its lowest since 2007.. The yen fell to a seven-year low against the dollar after Abe's...

  • LONDON, Nov 18- Gold jumped 1.5 percent to a 2-1/ 2 week high above $1,200 an ounce on Tuesday as the dollar softened against the euro, due partly to better-than-expected German economic data. "We are seeing a corrective bounce, but it looks like we have already done quite a lot from the $1,130 lows a couple of weeks ago," Societe Generale analyst Robin Bhar said.

  • JAKARTA, Nov 18- Indonesia's central bank, moving quickly to contain inflation after the government raised fuel prices more than 30 percent, hiked its benchmark interest rate by 25 basis points to 7.75 percent on Tuesday. In his first major economic policy decision, President Joko Widodo on Monday night raised subsidised gasoline and diesel prices by more than...