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  • July 14- EasyJet has selected CFM International S.A., a joint venture between Safran and GE, to provide 270 engines for its order of 35 Airbus A320 aircraft and 100 Airbus A320neo aircraft, the company said on Monday. The airline said it had negotiated a reduced price with CFM but that details were confidential.

  • LONDON, July 14- Shire said on Monday it was ready to recommend a new offer from AbbVie after the U.S. firm returned with a fifth bid valuing the London- listed drugmaker at 31.3 billion pounds. AbbVie, which wants to buy Shire to cut its tax bill and diversify its product line-up, made the new offer on Sunday after the Dublin- based group rejected four earlier offers.

  • TOKYO, July 14- Japan's Nikkei average gained ground on Monday, ending its longest losing streak since the "Abenomics" rally started in November 2012, led by retail buying of small- and medium-cap stocks and speculative buying of index futures.

  • Shire says ready to recommend higher AbbVie offer Monday, 14 Jul 2014 | 2:12 AM ET

    LONDON, July 14- Shire said on Monday it was ready to recommend a newly revised higher offer from AbbVie, valuing the London- listed drugmaker at 53.20 pounds per share. AbbVie, which wants to buy Shire to cut its tax bill and diversify its product line-up, raised its cash-and-stock offer for Shire to 51.15 pounds a share last Tuesday.

  • *Violence in Libya, Iraq could boost prices this week. But the market could see a strong rebound this week amid new and continuing violence in Libya and Iraq, and worries that a final deal may not be reached between Tehran and world powers.

  • *Bank of Japan, ZEW, China data, earnings feature this week.

  • *Chinese e-commerce giant files for most anticipated IPO since Facebook. Alibaba Group Holding Ltd, which powers 80 percent of all online commerce in the world's second-largest economy, is expected to raise more than $15 billion, and could top the $16 billion pulled in by Facebook Inc when it listed in 2012..

  • NEW YORK, July 14- Federal prosecutors are developing a criminal fraud case hinged on whether General Motors made misleading statements about a deadly ignition switch flaw, and are examining activity dating back a decade, before GM's 2009 bankruptcy, according to multiple sources familiar with the investigation.

  • PARIS/ BOSTON, July 14- Insurers are eagerly eyeing exponential growth in the tiny cyber coverage market but their lack of experience and skills handling hackers and data breaches may keep their ambitions in check.

  • BANGALORE, July 14- Naveen Rabelli's tuk-tuk broke down the first time he rolled it out of his garage. The electrical engineer didn't lose heart: now, he plans to drive his customized three-wheeler all the way to London.

  • *Tencent, JD.com tie-up sharpens e-commerce challenge. SHANGHAI, March 17- Alibaba's dominance of online retail in China faces its biggest-ever challenge as the firm founded by Jack Ma in an apartment 15 years ago lines up a U.S. initial public offering that could value the firm at around $140 billion.

  • BEIJING, July 14- China's fiscal expenditure surged 26.1 percent in June from a year earlier to 1.65 trillion yuan, reflecting government efforts to speed up spending to shore up the economy.

  • HONG KONG, July 14- Hong Kong shares rose on Monday with China's three state-owned wireless carriers leading gains, while mainland markets were also stronger as auto stocks extended their advance on new policy support. The Hang Seng Index and the China Enterprises Index of the top Chinese listings in Hong Kong each added 0.4 percent.

  • *Violence in Libya, Iraq could boost prices this week. But the market could see a strong rebound this week amid new and continuing violence in Libya and Iraq, and worries that a final deal may not be reached between Tehran and world powers.

  • SHANGHAI, July 14- China's yuan fell against the dollar on Monday as companies tended to buy dollars in anticipation that the Chinese currency would remain relatively weak in the near term, traders said.

  • *Zinc, aluminium rallies unlikely to be sustained- Citi. SYDNEY, July 14- London zinc prices jumped to their highest level in three years on Monday amid prospects of falling mine supply, while copper prices steadied after four weeks of gains.

  • *Could push aluminium price to $2,500 per T- Japan industry body. TOKYO, July 11- Prices for aluminium could climb around a third to as high as $2,500 per tonne if more U.S. automakers start producing vehicles made from the metal, said the new head of Japan's aluminium industry body.

  • NEW YORK, July 14- Smoking-related lawsuits against U.S. tobacco giants are leveling off, making it more likely that a merger between rivals Reynolds American Inc and Lorillard Inc will go through, analysts who follow the industry said.

  • The price of mobile services has become a hot political issue, with the Conservative government trying to drive prices down by encouraging smaller companies to challenge the dominance of the Big Three: BCE Inc's Bell, Rogers Communications Inc and Telus Corp..

  • *Gold slips after six straight weeks of gains. SINGAPORE, July 14- Gold ticked lower on Monday as Asian share markets gained strength, but the metal stayed close to a four-month high hit last week on safe-haven demand from escalating tensions in the Middle East and Ukraine.