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  • *German Economy Minister says Greece should stay in euro zone. BERLIN, Jan 4- The German government wants Greece to stay in the euro zone and there are no contingency plans to the contrary, Vice Chancellor Sigmar Gabriel said on Sunday, responding to a media report that Berlin believes the currency union could cope without Greece. "The goal of the German government,...

  • "Into The Woods," an adaptation of Stephen Sondheim's Broadway musical that puts a spin on children's fairy tales, stars Meryl Streep, Emily Blunt and Johnny Depp and has grossed $91.2 million since opening on Christmas Day. "The Interview," the provocative comedy blamed for triggering a massive cyberattack on Sony's movie studio, which then canceled its wide...

  • Club Med set to back Chinese bid this week Sunday, 4 Jan 2015 | 12:00 PM ET

    PARIS, Jan 4- French holiday company Club Mediterrannee is expected to back an offer from a consortium led by Chinese billionaire Guo Guangchang this week after Italian rival bidder Andrea Bonomi declined to raise his offer on Friday. Guo, whom Forbes estimates has a net worth of about $4.3 billion, has described Club Med as an ideal investment to tap booming...

  • WASHINGTON/ HONOLULU, Jan 4- Republicans take full control of the U.S. Congress this week with an agenda of trying to force approval of the Keystone XL oil pipeline and push back on President Barack Obama's sweeping policy shifts on Cuba and immigration. Angry over the president's moves last year to bypass Congress on issues such as immigration, Republicans have...

  • MIDEAST STOCKS-Gulf markets soft after oil slips Sunday, 4 Jan 2015 | 8:52 AM ET

    *Egypt's CIB extends leg up following credit rating upgrade. DUBAI, Jan 4- Most Gulf stock markets fell on Sunday after Brent crude oil closed down nearly a dollar a barrel at $56.42 on Friday and many investors remained absent from the markets for extended holiday breaks. Although markets have become less prone to panic sell-offs since Saudi Arabia announced...

  • *AfD, Greece, court risks harden Berlin concerns about QE. BERLIN, Jan 4- In August 2012, during a visit to Canada, German Chancellor Angela Merkel swept aside doubts about her support for Mario Draghi and his promise, weeks before, to do whatever it takes to preserve the euro. The pledge by the Italian president of the European Central Bank met a storm of criticism in...

  • UK stock pickers post weak results, half lag index Sunday, 4 Jan 2015 | 3:00 AM ET

    *M&G Recovery, Schroder UK Opportunities funds among losers. About 85 percent of the funds had exceeded gains in UK's main FTSE 100 Index in 2013, data from Thomson Reuters Lipper showed. UK- focused equity funds managed about $400 billion in assets at the end of September, the most by any other country-focused funds in Europe and only about $83 billion less than...

  • China aiming to triple patents by 2020 Saturday, 3 Jan 2015 | 10:26 PM ET

    SHANGHAI, Jan 4- China is aiming to triple the number of patents it files by 2020 as Beijing looks to boost the country's high-tech economy in areas from agriculture to pharmaceuticals, according to a notice from the central government on Sunday. China is targeting 14 invention patents per 10,000 habitants by 2020 compared to four in 2013. It published 629,612...

  • DIARY- Top Economic Events to Jan 16 Friday, 2 Jan 2015 | 8:03 PM ET

    BOSTON- San Francisco Federal Reserve Bank President John Williams will be present at the panel discussion on the outlook for the U.S. and global economy at the annual American Economics Association event- 1300 GMT. BOSTON- Federal Reserve Bank of Boston President Eric Rosengren will be present at the panel discussion on credit availability- 1515 GMT.

  • WASHINGTON, Jan 2- The White House will soon announce a nominee to the Federal Reserve Board, a person familiar with the matter said on Friday, in a move that would begin the process of filling one of the Fed's two empty seats in Washington. The person said the White House will announce a nominee next week or the following week, adding that the nominee will likely have a...

  • SAN FRANCISCO, Jan 2- Yahoo Inc and Microsoft Corp search engines temporarily went dark on Friday after Microsoft pushed out a bad code update and then struggled to roll it back, a person briefed on the outages told Reuters. The outages were not caused by an outside attack, the person said, declining to be named because the discussion concerned internal Yahoo...

  • WASHINGTON, Jan 2- The White House is likely to announce a nominee for a Federal Reserve Board of Governors seat next week or the following week, a source close to the matter said on Friday. The White House plans to nominate a candidate with background in community banking, the source said. A White House official said the administration did not have a personnel...

  • WHITE HOUSE PLANNING TO NOMINATE CANDIDATE WITH COMMUNITY BANKING BACKGROUND FOR FED BOARD SEAT- BANKING INDUSTRY SOURCE.

  • WHITE HOUSE LIKELY TO ANNOUNCE PICK FOR FEDERAL RESERVE BOARD OF GOVERNORS SEAT NEXT WEEK OR THE FOLLOWING WEEK- BANKING INDUSTRY SOURCE.

  • Jan 2- California on Tuesday will break ground in Fresno on its ambitious but controversial high-speed rail project, marking another milestone for Governor Jerry Brown and for foreign manufacturers waiting to bid on lucrative train contracts. The United States lags behind Europe and Asia in building both high-speed rail and its trains.

  • NEW YORK, Jan 2- Shake Shack Inc's filing this week for an initial public offering underscores a question for investors and foodies alike: How hungry are U.S. consumers for another burger chain? A key part of Shake Shack's growth strategy involves expanding its locations beyond its New York base, and investors and analysts are bullish on its prospects.

  • SAN FRANCISCO, Jan 2- Yahoo Inc's search engine was down on Friday, shortly after Microsoft Corp's search engine, Bing, was also briefly unavailable before recovering. Users who typed search.yahoo.com got an error message saying that Yahoo engineers were working to resolve the issue. Bing powers Yahoo search under a 10- year deal announced in 2009..

  • Jan 2- Canada- based Yamana Gold Inc said it would seek the annulment of an Argentine court-appointed arbitrator's assessment that the company should pay $244 million to a director of Samco Gold Ltd.. Yamana's Toronto- listed shares fell in the morning after Samco announced the court award, but they recovered after Yamana said it would "vigorously defend"...

  • US STOCKS-Wall St opens 2015 flat as data weighs Friday, 2 Jan 2015 | 4:26 PM ET

    *Wall Street comes off strong quarter, year. *General Motors announces new recalls, shares slip. "The data we got out today basically dampened early enthusiasm," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York.

  • Weight Watchers shares fall 13.3 percent Friday, 2 Jan 2015 | 4:21 PM ET

    Jan 2- Weight Watchers International Inc shares fell more than 13 percent on Friday, continuing a string of losses as the company tries to boost sales, which in October hit a four-year low. The stock, which has lost almost a quarter of its value in the last eight trading sessions, fell as low as $21.21 on the New York Stock Exchange in heavy trading.