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  • Jan 6- Blockbuster movie "Star Wars: The Force Awakens" will pass "Avatar" on Wednesday to become the top-selling film of all time in the United States and Canada, Walt Disney Co said. To beat the global record haul of $2.8 billion for "Avatar," "The Force Awakens" must play well in China, where it opens on Saturday, box office analysts have said. It reunites original cast...

  • Jan 6- Netflix Inc launched operations in India on Wednesday, with plans starting at 500 rupees per month, as the U.S.-based video streaming company pushes ahead with its global expansion plans. The company's shares were up 5.5 percent at $113.60 in early afternoon trading. The company will also offer two other plans priced at 650 rupees and 800 rupees, it...

  • Jan 6- Oculus, the virtual reality company owned by Facebook Inc, said the Rift, its much-awaited virtual reality headset, is priced at $599. Oculus expects to start shipping the headset in May, according to the company's website. The Rift will be shipped at the end of March to 20 countries initially, Facebook Chief Executive Mark Zuckerberg said in a post on the...

  • *Total payment, including accrued amounts, $965 mln. Jan 6- United Technologies Corp said on Wednesday it would take a pretax charge of about $870 million in the fourth quarter to buy out some royalty payments to Canada. Pratt& Whitney Canada makes turbofan, turboprop and turboshaft engines for business jets, other small aircraft and helicopters.

  • Jan 6- Netflix Inc launched operations in India on Wednesday, with plans starting at 500 rupees per month.

  • LAS VEGAS, Jan 6- The head of the largest U.S. auto dealer group warned on Wednesday that automakers and dealers must avoid the problems in the years immediately following 2000, when lofty incentives kept sales volume high but cut profits. AutoNation Inc Chief Executive Officer Mike Jackson said in an interview that the industry was "entering a new chapter" where...

  • Jan 6- Blockbuster movie "Star Wars: The Force Awakens" will pass "Avatar" on Wednesday to become the top-selling film of all time in the United States and Canada, Walt Disney Co said. Domestic ticket sales for the seventh "Star Wars" movie reached $758.2 million through Tuesday, and will top the record of $760.5 million set by "Avatar" on Wednesday, Disney said.

  • NETFLIX INC LAUNCHES WEBSITE IN INDIA; PLANS FROM INR 500 A MONTH.

  • NEW YORK, Jan 6- U.S. gasoline inventories last week surged the most since 1993, overshadowing an unexpected slump in crude stocks, data from the Energy Information Administration showed on Wednesday. "As big as the crude oil drawdown was, the build in gasoline was even more spectacular and crushing to the market," said John Kilduff, a partner at Again Capital LLC.

  • Lion Point, co-founded in 2014 by former portfolio managers from Elliott Management and Perry Capital, said Ally ignored this request and also chose to make their private discussion public via its release on Monday. Lion Point is targeting a $9 billion company in its first such campaign while holding less than 1 percent of Ally's stock. Ally, the largest auto...

  • "The continued scarcity of costly catastrophe losses and more than adequate capacity led to reinsurance pricing reductions, although there are signs the rate of descent is slowing as compared to 2015," reinsurance broker Guy Carpenter said on Wednesday. Both Guy Carpenter and peer broker Aon Benfield said the amount of capital available to write...

  • Jan 6- Activist investor Starboard Value LP on Wednesday ramped up pressure on Yahoo Inc, taking aim at Chief Executive Officer Marissa Mayer and her leadership team and raising the prospect a proxy battle is nearing. Starboard, which owns about 0.75 percent of the company, has been pushing for changes at Yahoo since 2014, urging it to separate its Asian assets...

  • KABUL, Jan 6- U.S aircraft carried out a dozen strikes in Helmand province in southern Afghanistan on Wednesday as fierce battles continued with Taliban insurgents around the town of Marjah near the provincial capital, a U.S. army spokesman said. The strikes highlight the intensity of the combat in Helmand, a traditional Taliban stronghold where hundreds of...

  • The previous record for registrations in Britain was set in 2003 when 2.58 million new cars were sold. Car sales in Britain, Europe's second-biggest auto market after Germany, fell sharply after the 2007-8 financial crisis but have gradually recovered, returning in 2014 to pre-crisis levels at 2.48 million. British consumers have benefited from low interest...

  • *Wheat imports must have zero ergot fungus- quarantine body. *Wheat shipments stuck at French port. CAIRO/ ABU DHABI, Jan 6- Egypt, the world's largest purchaser of wheat, has imposed restrictive import requirements, an agricultural authority official told Reuters, alarming traders who threatened to boycott tenders for the politically sensitive commodity.

  • LONDON, Jan 6- Yields on German 10- year Bunds fell on Wednesday to their lowest levels since the European Central Bank eased monetary policy in December. The euro five- year, five-year breakeven forward, which shows where markets expect 2026 inflation forecasts to be in 2021, has lost almost 20 basis points since hitting a high last month. This is despite the ECB...

  • *FOMC minutes of Dec meeting expected at 2 p.m. ET. Jan 6- U.S. stocks fell on Wednesday as fresh concerns over the impact of a slowdown in China on the global economy, a sharp fall in oil prices and heightened geopolitical concerns sent investors scurrying to safe havens. The year got off to a shaky start after weak data from China triggered declines in global markets,...

  • *Turkey is home to 2.2 million Syrians. Number of firms set up by Syrians in Turkey rising. GAZIANTEP, Turkey, Jan 6- Sitting in the bare office above his factory where thousands of baby rattles and plastic bottles are cranked out every hour, Saad Chouihna believes that if you can make it in Turkey, you can make it anywhere.

  • *Saudi-Iran split dashes chance of OPEC deal to curb oil glut. LONDON, Jan 6- Oil prices fell below $35 per barrel for the first time since 2004 on Wednesday, tumbling more than 5 percent as the row between Saudi Arabia and Iran made any cooperation between major exporters on cutting output even more unlikely. "There are rising stockpiles and the tension between Iran...

  • *Aussie, kiwi sink more than 1 percent on China worries. NEW YORK, Jan 6- The dollar held steady on Wednesday near one-month highs against a basket of currencies on the view of more U.S. interest rate hikes, while the yuan fell to its lowest since the 2010 opening of its offshore market on worries about the Chinese economy. The yuan's depreciation "does look like it's...