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  • SHANGHAI/ LONDON, Dec 10- China's yuan closed down against the dollar for the fifth session on Thursday while the offshore market accelerated away from the onshore rate, stirring speculation over whether the Chinese central bank will intervene to cap any further losses. Traders in London said Chinese sellers of dollars had largely disappeared from the...

  • concern@ SAO PAULO, Dec 10- Latin American currencies were mostly steady on Thursday ahead of a U.S. Federal Reserve policy meeting next week, while Brazilian stocks slipped on concern Moody's Investors Service will cut the country's debt ratings to junk. "The event of losing two investment grade ratings is widely anticipated as political crisis and...

  • Dec 10- Insurer American International Group Plc announced several changes to executive management on Thursday, including new chief financial and chief risk officers. David Herzog will continue as CFO through the filing of AIG's 2015 10- K annual report, after which Chief Risk Officer Sid Sankaran will take his place, AIG said in a statement.

  • Dec 10- Billionaire investor Warren Buffett disclosed an 8.02 percent stake in Seritage Growth Properties, a real estate trust created by retailer Sears Holdings Corp.. Seritage was formed by Sears Holdings in June by spinning off about 254 Sears and Kmart stores, as part of the struggling retailer's plans to raise cash. The REIT, which now also includes Sears' 50...

  • LOS ANGELES, Dec 10- Nominations were announced on Thursday for the 2016 Golden Globe awards for movies and television. Following is a list of key film nominees for the awards, which the Hollywood Foreign Press Association will hand out at a Jan. 10 ceremony in Los Angeles hosted by comedian Ricky Gervais. Alicia Vikander, "The Danish Girl".

  • JOHANNESBURG/ LONDON, Dec 10- Anglo American's plans to shut or sell dozens of loss-making mines have failed to halt a dramatic slide in its share price and it may need to sacrifice stronger parts of the business or raise cash from shareholders to pay down its debt. The company, which grew from gold fields near Johannesburg to dominate diamond, platinum and, to some...

  • NEW YORK, Dec 10- A U.S. government weather forecaster on Thursday said the El Nino weather phenomenon that is underway is expected to remain strong through the Northern Hemisphere winter 2015-16, before tapering off during the late spring or early summer. The Climate Prediction Center, an agency of the National Weather Service, in its monthly forecast broadly...

  • *Weekly jobless claims rise 13,000 to five-month high. WASHINGTON, Dec 10- The number of Americans filing for unemployment benefits rose to a five-month high last week, but likely does not signal a deterioration in the labor market as the underlying trend remained consistent with tightening conditions. Initial claims for state unemployment benefits...

  • *Refined products inventory on the rise in U.S. and Europe. Brent futures are down more than 11 percent this month and, having dipped below $40 per barrel, there are renewed expectations it might test 2008' s low around $36. Brent futures were 24 cents lower $39.87 per barrel at 1340 GMT, having traded as high as $40.70.

  • *Men's Wearhouse slumps on forecast warning. Brent futures are down more than 6 percent this week and having dipped below $40 per barrel there are renewed expectations it might test 2008' s low. "The market will continue to watch oil carefully and we can expect a mixed to positive session if we don't see any wild swings in oil prices like we did yesterday," said Peter...

  • WASHINGTON, Dec 10- Chipotle founder and co-Chief Executive Officer Steve Ells on Thursday apologized to patrons who fell ill after eating at the company's restaurants, and pledged that sweeping new food safety practices will prevent such outbreaks in the future. "This was a very unfortunate incident and I'm deeply sorry that this happened, but the procedures...

  • Dec 10- General Motors Co said Thursday it is buying wind energy to power production of some its biggest sport utility vehicles at a factory in Texas. GM said in a statement it has agreed to buy 30 megawatts of energy from a Texas wind farm operated by a unit of Spanish renewable energy company EDP Renovaveis SA. EDP is developing a 250 megawatt wind farm in Edinburg,...

  • Dec 10- Raptor Pharmaceutical Corp said it plans to advance development of its brain disorder drug to a registration study, despite it failing to show statistical significance in a trial. The drug, RP103, is being evaluated in patients with Huntington's Disease, a type of neurodegenerative genetic disorder that affects muscle coordination and leads to mental...

  • RIYADH, Dec 10- Opponents of Syria's President Bashar al-Assad agreed on Thursday to bring together political and armed factions in a single body in preparation for possible peace talks with his government, an opposition member said. The opposition meeting in Riyadh comes amid escalating conflict in Syria and accelerated diplomacy to find a political...

  • NEW YORK, Dec 10- A U.S. government weather forecaster on Thursday said that the El Nino weather phenomenon under way is expected to remain strong through the Northern Hemisphere winter 2015-16, before transitioning to neutral during late spring or early summer.

  • Dec 10- Yum Brands Inc said it planned to return up to $6.2 billion to shareholders before completing the separation of its China business, which is expected by the end of 2016.. The KFC and Pizza Hut owner, which has been hit by food scandals and marketing missteps in China, said same-restaurant sales in the country fell about 3 percent in November.

  • BRUSSELS, Dec 10- The European Aviation Safety Agency expressed concern about Thailand's air safety oversight on Thursday but not did include any Thai carriers in an updated list of airlines banned from flying in the European Union. Some analysts had expected the EU could follow the U.S. Federal Aviation Administration, which last week downgraded Thailand's...

  • Dec 10- ConocoPhillips, the largest U.S. independent oil company, said on Thursday it expects its 2016 capital expenditure to be 25 percent lower than this year's estimated budget, as it responds to a slump in oil prices. The company forecast 2016 capital budget of $7.7 billion, and also said it expects to raise $2.3 billion from non-core asset sales.

  • WEATHER FORECASTER CPC SEES EL NINO TRANSITIONING TO NEUTRAL DURING LATE SPRING/EARLY SUMMER 2016.

  • WEATHER FORECASTER CPC SEES STRONG EL NINO THROUGH NORTHERN HERMISPHERE WINTER 2015-16.