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  • LONDON, Jan 12- Media mogul Rupert Murdoch and former supermodel Jerry Hall got engaged over the weekend, announcing their plans to tie the knot in a classified ad on Tuesday in the Times newspaper, which is owned by Murdoch's News Corp.. Murdoch, a native of Melbourne, Australia, and Hall, who hails from Gonzales, Texas, were first photographed together at the Rugby...

  • USDA also said winter wheat seedings fell a bigger-than-expected 7.2 percent to 36.609 million acres due to reductions in both hard red winter and soft red winter wheat. USDA said hard red winter wheat acreage fell across key production areas of the U.S. USDA cut its estimate of the U.S. corn harvest for the 2015/ 16 marketing year to 13.601 billion bushels from...

  • LONDON, Jan 12- Spanish bond yields hit a 2016 high on Tuesday as investors, already factoring in risks stemming from inconclusive national elections and a renewed separatist push in Catalonia, geared up for a bumper week of debt issuance in Madrid. Having lined up 2018, 2020 and 2023 bonds for a 4- 5 billion euros auction on Thursday, Spain on Tuesday was set to sell a...

  • Jan 12- The Powerball lottery jackpot climbed to $1.5 billion on Tuesday, making it the largest-ever U.S. lottery prize as well as the world's biggest potential jackpot for a single winner, according to lottery officials. The payout has increased due to strong ticket sales on Monday, said Texas Lottery Commission spokeswoman Kelly Cripe. While the current $1.5...

  • *USDA report likely to drive market direction. *USDA report may show lower U.S. winter wheat plantings. Traders shrugged off USDA confirmation of sales of 140,000 tonnes of U.S. soybeans to an unknown destination, announced by the agency earlier in the day.

  • *Oil flirts with break below $30. Major U.S. stock indexes initially rose in morning trading, building off of Monday's late-session rallies after historically poor starts to 2016, but a Wall Street rally faltered by midday as crude prices approached the $30 per barrel mark. Mark Luschini, chief investment strategist at Janney Montgomery Scott in Philadelphia,...

  • Jan 12- Wall Street pared back early gains on Tuesday as oil prices reversed course, but gains in Apple and healthcare stocks provided support. Crude prices retreated back towards $30 per barrel, which led to a 0.75 percent drop in the energy sector, making them the worst performing among the 10 major S&P sectors. "We're seeing a bounce here and the reason for that is,...

  • Treasury to sell $24 billion of three-year notes. Treasury prices rose on Tuesday in choppy trading as oil prices resumed their decline and ahead of a Treasury sale of $24 billion of three-year notes, increasing appetite for safe-haven U.S. government debt. "Crude is essentially flat for the first time this year with gasoline up almost 1.5 percent, but...

  • POWERBALL HITS $1.5 BILLION MARK, LARGEST U.S.

  • PARIS, Jan 12- Europe's Airbus is unperturbed by China's financial turmoil, sticking to robust demand forecasts on Tuesday after beating arch-rival Boeing in the annual tally of global aircraft orders, despite failing to close a gap on total deliveries with the world's largest jetmaker. Despite a recent sell-off in markets in China, where Airbus has an...

  • LONDON, Jan 12- Bets against commodity-linked emerging currencies are on the rise again as crude prices fall to around $30 a barrel, but volatility remains well below the peaks of last year. "The oil price fall does pose a challenge for commodity exporters as the weakness isn't fully priced into all the fiscal outlooks yet," said Dominic Bunning, a strategist at HSBC.

  • NEW YORK, Jan 12- BlackRock Inc on Tuesday said it reshuffled the managers of some of its most important investment units, including its stock and bond picking businesses, according to a memo seen by Reuters. The company also said it would unify its global fixed-income business under one leader, Tim Webb, and shift a senior executive, Rich Kushel, into a position as...

  • LONDON, Jan 12- Nickel slid to the weakest levels in over 12 years on Tuesday amid worries about high inventories while copper pared losses after touching 6-1/ 2 year lows as some investors cashed in bearish positions. LME three-month nickel, which was the worst performer on the LME last year with losses of over 40 percent, tumbled to $8,120 a tonne, the lowest since...

  • PARIS, Jan 12- Further interest rate hikes by the U.S. Federal Reserve should be gradual or they risk hurting already fragile emerging economies, where many companies borrow in dollars, the head of the International Monetary Fund said on Tuesday. Christine Lagarde said a tightening in U.S. monetary policy, which started last month with the first rate hike in a...

  • *Markets stable after oil, China drive volatile start in Europe. NEW YORK, Jan 12- The dollar rose for a third straight session on Tuesday as gains on Wall Street and calmer financial markets enhanced appetite for currencies that offer higher yield. "We're seeing a reversal of what we saw in that first week and the dollar has been benefiting as a result," said Sireen...

  • JAKARTA, Jan 12- Indonesian energy company Lapindo Brantas plans to resume drilling for gas near the site of a mud volcano, its CEO said, referring to a disaster that some scientists say it helped to create around 10 years ago. The Sidoarjo mud volcano, which started erupting in May 2006 near Indonesia's second-biggest city of Surabaya, inundated 12 villages and...

  • LONDON, Jan 12- El Nino and the warm winter weather are being blamed for the weak demand for distillate fuel oil in the United States, but the slump in oil production is probably having a bigger impact. The oil industry was the fastest-growing customer for middle distillates like diesel between 2009 and 2014, according to the U.S. Energy Information...

  • DETROIT, Jan 12- Porsche is confident it will win approval from U.S. authorities by the end of January for plans to bring its larger diesel models capable of cheating U.S. emissions tests in line with the law, its chief executive said on Tuesday. Proposals submitted to U.S. environmental authorities in December aim to make 13,000 Cayenne sport-utility vehicles...

  • Crude prices flirted with a break below $30 per barrel, before recovering slightly as investors booked profits. "The market is still very much in gripped by the plunge in oil prices and this morning we're seeing a slightly little better tone to oil prices," said Peter Cardillo, chief market economist at First Standard Financial in New York. Apple was up 1.5 percent...

  • ATHENS, Jan 12- Canadian miner Eldorado Gold Corp expects the suspension of much of its mine construction and development activity in Greece after a confrontation with the government to cost more than 600 jobs, its chief executive said on Tuesday. The Vancouver- based miner had to resort to Greece's top administrative court to annul a government decision that...