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  • FOREX-Harried euro gets reprieve ahead of inflation test Wednesday, 27 Aug 2014 | 7:20 PM ET

    SYDNEY, Aug 28- The euro clung onto modest gains early on Thursday, having snapped three straight sessions of declines as feverish speculation of an imminent round of easing by the European Central Bank cooled. That prompted investors to trim very bearish euro positions, pushing the common currency briefly above $1.3200 from a near one-year low of $1.3152.

  • RPT-Qantas posts record full-year net loss on restructure Wednesday, 27 Aug 2014 | 7:09 PM ET

    SYDNEY, Aug 28- Qantas Airways Ltd on Thursday reported its biggest financial loss ever after taking a hefty A $2.6 billion writedown due to a company restructure that includes a re-valuing of its fleet.

  • CME Group says CFO to retire at age 49, new CFO is 50 Wednesday, 27 Aug 2014 | 6:56 PM ET

    CHICAGO, Aug 27- CME Group Inc's 49- year-old chief financial officer will retire at the end of the year and will be replaced by an executive who is a year older, the world's largest futures exchange operator said on Wednesday.

  • Aug 27- New Jersey's Atlantic County, which includes the struggling gambling mecca of Atlantic City, saw the biggest employment drop of all U.S. metropolitan areas in July compared to the same time last year, according to preliminary U.S. Labor Department data on Wednesday.

  • LOS ANGELES, Aug 27- Officials in Villa Park are considering pulling the tiny California city from Calpers, saying the monthly costs of the state's giant public pension system are crippling the municipal budget.

  • Aug 27- Lear Corp, a maker of auto seats and electrical power systems, said it would buy automotive leather supplier Eagle Ottawa LLC for $850 million to strengthen its core seating business and boost its luxury seats portfolio.

  • Aug 27- Roche Holding AG's planned $8 billion purchase of InterMune Inc is centered around hopes for blockbuster sales of its lung drug, but the smaller company's development pipeline may end up giving the Swiss drugmaker a far bigger bang for its buck.

  • NEW YORK, Aug 27- Actress Katherine Heigl and Duane Reade have come to an agreement in a lawsuit accusing the New York pharmacy of improperly posting to its social media accounts a paparazzi photograph of her leaving one of its stores.

  • BUENOS AIRES, Aug 27- Argentina's government on Wednesday ruled out further piecemeal debt talks with a small group of U.S. hedge funds and said it needed to strike a single deal with all bondholders that have rejected past restructuring agreements.

  • Bankrupt Energy Future will soon propose auction process Wednesday, 27 Aug 2014 | 5:25 PM ET

    Aug 27- Energy Future Holdings, the big Texas power company that filed for bankruptcy in April, said it will present a proposal for auctioning the company after it scrapped an earlier plan to exit Chapter 11 under control of unsecured creditors.

  • UPDATE 5-Alibaba revenue accelerates ahead of IPO Wednesday, 27 Aug 2014 | 5:20 PM ET

    Aug 27- Alibaba Group Holding Ltd's revenue accelerated in the second quarter on strong gains in its mobile business, providing investors with what may be the final glimpse of the Chinese e-commerce company's financials before its expected landmark market debut.

  • DETROIT, Aug 27- General Motors Co is shifting some production of the Cadillac SRX from Mexico to Tennessee, but will partly offset that by moving some Chevrolet Equinox manufacturing from Tennessee to Mexico, an industry source told Reuters.

  • WASHINGTON, Aug 27- Tyson Foods Inc, the largest U.S. meat processor, on Wednesday won U.S. antitrust approval for its purchase of Hillshire Brands Co.. The attorneys general of Illinois, Iowa and Missouri, all big hog-producing states, joined the settlement that the companies reached with the Justice Department's Antitrust Division.

  • BEIJING, Aug 28- Masayoshi Son's nose for an investment has turned a $20 million start-up punt on Alibaba into a stake worth maybe $50 billion or more as the Chinese e-commerce giant co-founded and led by Jack Ma heads to what could be the biggest U.S. tech IPO of all time.

  • SINGAPORE, Aug 28-' Open data'- the trove of data-sets made publicly available by governments, organisations and businesses- isn't normally linked to high-wire politics, but just may have saved last month's Indonesian presidential elections from chaos.

  • Aug 27- Workday Inc reported a better-than-expected 74 percent rise in quarterly revenue due to strong growth in subscription for its Web-based human resources and financial management software, and the company raised its full-year revenue forecast.

  • WASHINGTON, Aug 27- Conservatives in the U.S. Congress who object to President Barack Obama's immigration policies are threatening to tie a must-pass budget bill to the issue, making for a possible showdown in September and raising the specter of a government shutdown. One year ago, Congress faced a similar task.

  • NEW YORK, Aug 27- U.S. stocks were little changed on Wednesday, with the S&P 500 creeping up to another record closing high in a lethargic session, though a number of retail stocks traded heavily after reporting results.

  • Auburn Hills, Michigan- based Eagle Ottawa's customers include top automakers such as Ford Motor Co, BMW, General Motors Co and Hyundai Motor Co, Lear said in a statement.

  • *Cushing up 508,000 bbls- EIA. NEW YORK, Aug 27- Crude oil futures settled flat after choppy trading on Wednesday, following a report that showed declining U.S. gasoline demand in the world's top oil consumer and a build at the key Cushing, Oklahoma, storage hub.