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  • NEW YORK, Dec 29- U.S. Greece's Prime Minister Antonis Samaras failed to get enough support for his nominee, Stavros Dimas, and will now have to call a national election for late January or early February. "That is one of the main reasons we are trading a bit better here... there is more of a' risk off' feel, given the headlines out of Greece," said Sean Murphy, a Treasuries trader...

  • MOSCOW, Dec 29- Russia's economy shrank sharply in November and the rouble resumed its slide on Monday as Western sanctions and a slump in oil prices combined to inflict the first contraction in GDP since the global financial crisis. On top of this, the sanctions imposed over Moscow's role in the Ukraine crisis have deterred foreign investment and led to over...

  • NEW YORK, Dec 29- U.S. stock index futures were slightly lower on Monday, as investors found few reasons to keep pushing shares higher following a sharp rally that has taken major indexes to repeated records. The Dow has risen for seven straight sessions, the longest streak for the blue-chip average since March 2013, while the S&P 500 is up 5.9 percent over the past...

  • *UAE, Qatar retreat on profit-taking. DUBAI, Dec 29- Most Gulf stock markets pulled back on Monday after gaining strongly in the two previous sessions, but Saudi Arabia's petrochemicals sector rose after Brent crude oil climbed back above $60 per barrel. Although confidence in heavy state spending- underlined by Saudi Arabia's record 2015 budget plan, announced...

  • BRASILIA, Dec 29- Brazil posted a primary budget deficit for a period of 12 months in November, its first in more than a decade and a threat to the government's already reduced fiscal goal for the year, central bank data showed on Monday. Brazil posted a primary budget deficit of 8.084 billion reais in November, its largest gap for that month on record.

  • LONDON, Dec 29- The euro held its ground on Monday in the face of renewed nerves over Greece prompted by a failed attempt to elect a new president, leaving the country facing an early national election which could derail its bailout programme. The national election could result in a government led by the leftist Syriza party, which wants to wipe out a big part of...

  • Dec 29- Carl Icahn reported a 7.7 percent stake in Manitowoc Co Inc, and became the second activist investor this year to push for a splitup of the company's crane and foodservice equipment businesses. Manitowoc's shares rose 11 percent to $23.25 before the bell on Monday. Ralph Whitworth's Relational Investors urged the company to spin off the foodservice...

  • *UK's FTSE outperforms, helped by rise in gold miners. LONDON, Dec 29- Greek shares slumped on Monday, knocking European stock markets, after lawmakers rejected the government's candidate for president, leaving Greece facing a snap election that could derail its bailout programme. Opinion polls point to a victory by the radical leftist Syriza party, which wants...

  • *China growth expected to slow to 7 percent next year. *China to widen banks' deposit base in bid to boost liquidity. LONDON, Dec 29- Copper fell on Monday, hitting its lowest in about a month as investors booked profits ahead of the year-end amid persistent concerns about a strong dollar and a growth slowdown in top consumer China.

  • *AirAsia posts biggest drop in 3 yrs after aircraft goes missing. *Oil rebounds on renewed tensions in Libya. Greece's Prime Minister Antonis Samaras failed to get enough support for his nominee, Stavros Dimas, and will now have to call a national election for late January or early February, which polls suggest would catapault the left-wing Syriza party to power.

  • *Samaras announces snap poll for Jan. 25. ATHENS, Dec 29- Greek Prime Minister Antonis Samaras announced plans for an early general election next month after parliament rejected his candidate for president on Monday, throwing the country's international bailout into doubt. Opinion polls point to a victory by the radical leftist Syriza party, which wants to wipe...

  • NEW YORK, Dec 29- U.S. stock index futures were slightly lower on Monday, as investors found few reasons to keep pushing shares higher following a sharp rally that has taken major indexes to repeated records. *The Dow has risen for seven straight sessions, the longest streak for the blue-chip index since March 2013, while the S&P 500 is up 5.9 percent over the past...

  • Lion Capital to American Apparel: Explore options Monday, 29 Dec 2014 | 6:40 AM ET
    An American Apparel store in New York City.

    The board of American Apparel has received a letter from British buyout firm Lion Capital, pushing it to explore strategic options include a sale.

  • Icahn acquires stake in Manitowoc, seeks splitup Monday, 29 Dec 2014 | 6:39 AM ET

    Dec 29- Activist investor Carl Icahn reported a 7.77 percent stake in Manitowoc Co Inc, and said he intended to seek a split of the company's cranes and food-service equipment businesses. Icahn said he would seek board representation, if appropriate. Icahn said he had not yet had any discussions with the company.

  • Germany avoids comment on Greek vote result Monday, 29 Dec 2014 | 6:37 AM ET

    BERLIN, Dec 29- The German government said on Monday that it was watching events in Greece closely but declined specific comment on news that the country will hold an early national election next month. "Of course we are looking very closely what is happening in Greece," spokeswoman Christiane Wirtz told a regular news conference. Prime Minister Antonis Samaras...

  • European shares slide as Greece faces new elections Monday, 29 Dec 2014 | 6:37 AM ET

    *UK's FTSE outperforms, helped by rise in gold miners. LONDON, Dec 29- Greek stocks slumped on Monday, knocking European peers, after lawmakers rejected the government's candidate for president, leaving Greece facing a snap election that could derail its bailout programme. IG market analyst Alastair McCaig said the Greek result could affect the European...

  • *Gold prices hold onto Friday's near 2 pct gain. LONDON, Dec 29- Gold eased on Monday, giving up some of the previous session's sharp short-covering gains, but uncertainty over the prospect of fresh elections in Greece kept the metal underpinned near $1,200 an ounce. Spot gold was down 0.2 percent at $1,192.45 an ounce by 1104 GMT, after a gain of 1.8 percent on Friday,...

  • ATHENS, Dec 29- Greek lawmakers failed to elect a new president in a final round of voting on Monday, leaving the country facing an early election that could derail the international bailout program it needs to keep paying its bills. Under Greek law, a parliamentary election must now be called, leaving financial markets and Greece's European Union partners...

  • ATHENS, Dec 29- Greek lawmakers failed to elect a new president in a decisive final round of voting on Monday, leaving the country facing a snap election that could derail the international bailout programme it needs to keep paying its bills. Under Greek law, a general election must now be called, leaving financial markets and Greece's European Union partners...

  • IMF mission to visit Ukraine from Jan 8 Monday, 29 Dec 2014 | 5:12 AM ET

    KIEV, Dec 29- An International Monetary Fund mission will visit Ukraine in early January for more discussions over implementation of an economic reform programme, the IMF said on Monday. The IMF, which had previously flagged a visit for sometime in January, said the mission would begin work in Kiev on Jan. 8 and could conclude before the end of the month.