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  • Worries about weak demand from top consumer China and excess supply have hit benchmark prices, which have slid about a quarter this year. "Copper industry fundamentals remain for now relatively healthy across the globe but have also been affected to some extent by the deceleration in China," Trafigura said in its annual report. During 2015, there was a major draw...

  • Dec 14- Atara Biotherapeutics Inc said it would stop developing its kidney drug after the treatment failed to meet the main goal of a mid-stage study.

  • Fosun International Ltd, the group's main investment arm, has mainly used debt to amass about $55 billion worth of assets ranging from insurance companies to French resort operator Club Med so far to build a global empire. This has left the company with a debt-to-equity ratio that stood at 2.1 as of last year, Thomson Reuters data shows, equivalent to 6 times the...

  • *Goldman: Paris deal most important since 1997 Kyoto accord. LONDON/ COPENHAGEN, Dec 14- European renewable energy stocks rallied on Monday following an agreement over the weekend at the Paris global climate summit to find ways to stop global warming. Goldman Sachs' analysts described the deal in Paris as the most important climate agreement since the 1997 Kyoto...

  • Dec 14- Chinese solar panel maker Trina Solar Ltd said on Monday it received a preliminary proposal from its chief executive and Shanghai Xingsheng Equity Investment& Management Co to take the company private.

  • BRASILIA, Dec 14- Brazilian paper and pulp maker Suzano Papel e Celulose SA is considering buying a minority stake in rival producer Fibria Celulose SA, Suzano chief executive Walter Schalka told newspaper O Estado de S. Paulo. However, Suzano has discussed the potential deal with consultants, Estado reported, citing unnamed sources. Spokesmen at Suzano and...

  • SAO PAULO, Dec 14- Brazil's securities industry watchdog has rejected a proposal by Grupo BTG Pactual SA to repurchase up to 41 percent of shares in circulation to stem a price slump triggered by the arrest of the embattled investment bank's founder late last month. The watchdog, known as CVM, said in a decision published on its website and dated Friday that the...

  • SAO PAULO, Dec 14- Brazil's securities industry watchdog has rejected a proposal by Grupo BTG Pactual SA to repurchase up to 41 percent of shares in circulation to stem a price slump triggered by the arrest of the embattled investment bank's founder late last month. The watchdog, known as CVM, said in a decision published on its website and dated Friday that the...

  • AMSTERDAM, Dec 14- Dutch engineering firm Arcadis said on Monday it is giving information to Brazilian police in support of an investigation into suspected misuse of funds at a $6.4 billion water management project in northern Brazil. Arcadis, which has water management and mining industry contracts in Brazil, did not specify whether it may also be targeted in...

  • BEIJING, Dec 14- China's Politburo, a top decision-making body of the ruling Communist Party, has promised to keep the country's economic growth within a "reasonable" range in 2016, the official Xinhua news agency said on Monday. The authorities will "appropriately expand domestic demand" while pushing structural reforms to improve productivity in the long...

  • NEW YORK/ HOUSTON, Dec 14- Law firms and banks are adding staff to their restructuring practices from Houston to New York City to scoop up new business as oil prices sink near 11- year lows, pressuring energy companies to slash debt or file for bankruptcy. Another three law firms have re-jigged staff for the new work, and other restructuring advisors have partnered...

  • LONDON, Dec 14- Almost half of hedge fund firms plan to roll out a new hedge fund by the end of next year despite regulations challenging how they market, the Alternative Investment Management Association said on Monday. Managers with more than $500 million were more likely to be preparing a new hedge fund than those with less than $500 million.

  • *Dialog up on hopes Atmel could be in doubt. MILAN, Dec 14- European shares rose on Monday, helped by data in China showing signs of stabilization, while wind turbine makers were among the leading gainers after world leaders agreed on a landmark climate deal. "The encouraging news is that it seems to be some stabilization in the Chinese economy," said Gerhard Schwarz,...

  • BRUSSELS, Dec 14- Anheuser-Busch InBev, the world's largest brewer, said it would list its shares on the Johannesburg stock exchange as a "domestic" stock, removing a potential hurdle in its planned $100 billion- plus takeover of SABMiller. SABMiller already has a secondary listing in Johannesburg. South Africa's Public Investment Corporation is SABMiller's...

  • LAGOS, Dec 14- Shares in Tiger Brands' Nigerian unit jumped 9.6 percent in early Monday trades on the Lagos bourse after the South African food company said it had agreed a deal to sell its majority stake back to Dangote Industries Limited. Tiger Brands has not made money from Dangote Flour Mills since paying nearly $200 million for a 65 percent stake in the firm,...

  • LONDON, Dec 14- Volatility swept through world markets on Monday with China's yuan hitting a fresh multi-year year low and oil's continued travails adding to nervousness before an expected hike in U.S. interest rates later this week. Emerging markets struggled for direction, weighed down by the weakness in China's currency, Asian stocks and oil, but buffeted by...

  • BEIJING, Dec 14- China's top online search firm Baidu Inc said it aims to put self-driving buses on the road in three years and mass produce them within five years, after it set up a business unit to oversee all its efforts related to automobiles. Alibaba Group Holding says it will launch its first car in a partnership with China's SAIC Motor Corp, while U.S. tech...

  • *AstraZeneca confirms talks with biotech firm Acerta. LONDON, Dec 14- AstraZeneca said on Monday it was in talks that might lead to the acquisition of privately held biotech firm Acerta Pharma, a potential $5 billion- plus deal designed to build up its cancer drug portfolio. "AstraZeneca confirms that it is exploring potential strategic options with Acerta...

  • *Yuan weakens further after China launches trade-weighted index. LONDON, Dec 14- The dollar inched up against a basket of major rivals on Monday, with most major currencies rangebound as investors focused on the prospect that this week will bring the first rise in U.S. interest rates in almost a decade. RBC Capital Markets currency strategist Adam Cole, in London,...

  • Court rules UK group misled consumers by selling painkillers marketed to relieve specific ailments when they call contained the same ingredient.