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  • SAN FRANCISCO, Dec 29- Major U.S. retailers including Target Corp and Toys' R Us have begun allowing shoppers to collect online purchases at their brick-and-mortar stores, but a study shows the option often saves little, if any, time over in-store shopping. It comes in response to competition from the No. 1 U.S. online retailer, Amazon.com Inc, which has streamlined...

  • *Asian stocks down on Greece worries. SINGAPORE, Dec 30- Gold ticked higher on Tuesday on weaker equities, but gains were limited as the dollar was perched at a near-nine-year high versus a basket of major currencies, undermining the metal's appeal as a hedge. Asian shares got off to a lacklustre start on Tuesday, as political uncertainty in Greece made investors...

  • Brent for February delivery fell 8 cents to $57.80 as of 0323 GMT, after tumbling to $57.37 in the previous session, the lowest level since May 2009. U.S. crude for February delivery fell 3 cents to $53.58 after it settled down $1.12 on Monday, when it hit an intraday low of $52.90- also the lowest since May 2009. The industry group the American Petroleum Institute is...

  • RIO DE JANEIRO, Dec 29- Brazil's state-run oil company Petrobras on Monday said a growing corruption scandal may implicate its employee pension fund and has led to a freeze on payments to 23 contractors allegedly involved in the scheme. Petros, the 66 billion real employee-pension fund of Petroleo Brasileiro SA, as Petrobras is formally known, was singled out by...

  • *Copper under pressure from slowing growth in top consumer. SINGAPORE, Dec 30- London copper was little changed on Tuesday after falling over the last four sessions to its lowest in four-and-a-half years on worries about slowing demand in top consumer China. Three-month copper on the London Metal Exchange rose 0.03 percent, or $1.75 a tonne, to $6,291.75 by 0243...

  • Dec 30- Japan's ruling coalition has approved a tax reform plan that will cut the corporate tax rate from April and pledge further reductions in coming years in a bid by Prime Minister Shinzo Abe to boost profitability and bolster economic growth. The plan was set to be approved by Abe's Liberal Democratic Party and coalition partner Komeito, early on Tuesday...

  • JAPAN RULING COALITION PLEDGES CUT IN EFFECTIVE CORPORATE TAX, INCLUDING LOCAL TAXES, TO 32.1 PCT FROM 34.6 PCT FROM APRIL- DRAFT.

  • JAPAN RULING COALITION PLEDGES CUT IN NATIONAL CORPORATE TAX RATE TO 23.9 PCT FROM 25.5 PCT FROM APRIL- DRAFT.

  • China to step up free trade talks with Middle East Monday, 29 Dec 2014 | 9:28 PM ET

    BEIJING, Dec 30- China will speed up free trade talks with six countries on the Arabian peninsula and begin trade negotiations with Israel next year, state media said on Tuesday, as Beijing accelerates efforts to sign such agreements. China and members of the Gulf Cooperation Council- Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates- started...

  • *Industrial output rises at fastest pace in 4 months. SEOUL, Dec 30- South Korea's factory output in November rose at the fastest pace in four months, but patchy domestic consumption and low inflation are expected to support market views for an interest rate cut as early as the first quarter of 2015.. "The level of industrial output has still not recovered from its...

  • LOS ANGELES, Dec 29- Consumers paid $15 million in just four days to watch "The Interview" from the comfort of their couches, building expectations that other hot, new films might also make their debut online. But Hollywood is not quite ready to give that to viewers, experts say. The experiment, a last-ditch effort by the unit of Sony Corp to keep "The Interview" alive...

  • LOS ANGELES, Dec 29- Brushing aside calls for federal mediation in prolonged contact talks with employers at 29 U.S. West Coast ports, the union for 20,000 dockworkers urged shipping executives on management's board of directors to take a more active part in negotiations. The Pacific Maritime Association, representing shipping lines and terminal operators...

  • *Toray Industries soars on BMW supply report. TOKYO, Dec 30- Japanese stocks fell on Tuesday as investors closed positions ahead of the long New Year holidays and fretted over political turmoil in Greece. "The new year will be very positive, with stocks boosted by likely additional easing by the BOJ and corporate earnings growth," said Takashi Hiroki, chief...

  • WILLISTON, N.D., Dec 29- Civeo Corp, which provides temporary housing for oilfield workers and miners, slashed its workforce on Monday and said revenue could fall by a third as slumping crude prices force oil producers to cut costs. The warning adds jitters to the already-wary global oil market and highlights weakness in Australia's coal industry, one of Civeo's...

  • SINGAPORE, Dec 30- London copper lost more ground on Tuesday, falling for a fifth consecutive session to trade around its lowest in four-and-half years on concerns over slowing demand in top consumer China. *Three-month copper on the London Metal Exchange fell 0.3 percent or $17 to $6,273 a tonne by 0109 GMT, after dropping on Monday to $6,230 a tonne, lowest since...

  • The austerity-minded leading coalition in Greece failed Monday to secure enough votes in parliament to elect a president, paving the way for an early general election next year. After nearly crashing out of the euro in 2012, Greece had just returned to economic growth this year under austerity measures and ended a four-year exile from bond markets.

  • *U.S. crude for February delivery was up 6 cents to $53.67 a barrel as of 0038 GMT after settling down $1.12 in the previous session, its lowest level since May 2009. *U.S. crude stocks fell by an average 900,000 barrels last week to around 386 million barrels according to an analysts' poll by Reuters released ahead of weekly inventory reports from the American...

  • WASHINGTON/ BOSTON, Dec 29- U.S. investigators believe that North Korea likely hired hackers from outside the country to help with last month's massive cyberattack against Sony Pictures, an official close to the investigation said on Monday. While U.S. officials investigate whether North Korea enlisted help from outside contractors, the FBI stood by its...

  • *Euro drops after Greece fails to elect president, election set. TOKYO, Dec 30- Asian shares got off to a lacklustre start on Tuesday, as a sharp selloff in commodities and political uncertainty in Greece made investors less willing to take risks in the final trading days of 2014.. MSCI's broadest index of Asia-Pacific shares outside Japan edged down about 0.2...

  • SINGAPORE, Dec 30- Gold on Tuesday traded firmly below $1,200 an ounce as the dollar was perched at a near nine-year high versus a basket of major currencies, undermining the metal's appeal as a hedge. *Spot gold was little changed at $1,182.40 an ounce by 0019 GMT, after losing 1 percent on Monday. *Greek Prime Minister Antonis Samaras failed to get enough support for...