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  • TOKYO, Dec 4- Asian shares slipped while the euro retained lavish gains on Friday, a day after its biggest one-day surge in nearly seven years as the European Central Bank's stimulus package fell well short of markets' high expectations. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2 percent while Japan's Nikkei dropped 1.5 percent.

  • BRASILIA, Dec 3- Brazil's presidential chief of staff traded barbs with the speaker of the lower house of Congress on Thursday as President Dilma Rousseff's government marshaled its defense for the impeachment proceedings launched against her on Wednesday. "This will have a negative impact on the real economy," said Carlos Thadeu de Freitas, chief economist at...

  • SAO PAULO, Dec 3- Brazilian stocks on Thursday posted their biggest gain in a month the day after lawmakers in Latin America's largest economy started impeachment proceedings against President Dilma Rousseff. Brazil's stock exchange jumped 3.29 percent after the head of the lower house of Congress accepted a request on Wednesday to start the proceedings...

  • PHILADELPHIA- Federal Reserve Bank of St. Louis President James Bullard speaks on "Neo Fisherianism" before "The New Normal for the U.S. NEW YORK- Federal Reserve Bank of New York President William Dudley and European Central Bank President Mario Draghi participate in a meeting of the Economic Club of New York- 1700 GMT. NEW YORK- European Central Bank President...

  • SYDNEY, Dec 4- An Australian beer company owned by SABMiller Plc said on Friday it has recalled more than a million bottles of beer after broken glass was found in the product, a setback at the start of traditionally busy holiday season sales. The recall also presented an unwelcome distraction for SABMiller as it seeks to win over regulators around the world for a...

  • Litigation arising from four of the six U.S. deaths has been settled, Honda spokesman Chris Martin said. Honda has been working to settle claims quickly, Martin said. "Honda has worked in good faith to quickly resolve the concerns of those families," he said.

  • Chagas disease, which affects more than 300,000 people in the United States, spreads through the droppings of a small beetle known as the Kissing Bug and primarily attacks the heart, ultimately causing heart failure and death. In the United States, Chagas disease is considered one of the neglected parasitic infections, a group of five parasitic diseases that...

  • Lipper@ NEW YORK, Dec 3- Investors withdrew $6.6 billion from U.S. stock and taxable-bond mutual funds during the week that ended Dec. 2, Lipper data showed on Thursday, marking the fourth straight week of outflows for those investments. "Retail investors threw the baby out with the bath water," said Tom Roseen, head of research services at Lipper.

  • LONDON, Dec 4- The cost of cancer drugs varies substantially across Europe, experts said on Friday in a new analysis that is likely to fuel debate about the rising cost of modern medicines. But there are also wide gaps in Europe, according to Wim van Harten of the Netherlands Cancer Institute and colleagues, writing in the journal Lancet Oncology.

  • HOUSTON, Dec 3- The U.S. Federal Energy Regulatory Commission on Thursday said Colonial Pipeline Co must justify proposed sweeping changes to its tariff governing how gasoline and distillates are shipped on the clogged fuel artery before it can take effect next year. FERC said in a filing that it accepted Colonial's revised tariff, but the changes cannot be...

  • They said they saw little chance of Saudi Arabia making a formal proposal for OPEC output cuts, contingent on joint action from non- OPEC, as reported by an industry newsletter. "He said Saudi Arabia will keep firm in its strategy of opposing any cut that is not previously coordinated with non- OPEC, obviously meaning Russia." Energy Intelligence had reported on...

  • CAPE CANAVERAL, Fla., Dec 3- Rain and cloudy skies delayed Orbital ATK's planned resumption on Thursday of cargo runs to the International Space Station, a year after the company's Antares rocket exploded during launch. An Orbital Cygnus spacecraft, perched atop an Atlas 5 rocket from United Launch Alliance- a Lockheed Martin Corp and Boeing Co joint venture- had...

  • Three CME Group customers filed the lawsuit last year claiming that the Chicago- based company had created a marketplace fraught with manipulation and "surreptitious trading" by fast traders that caused the prices of futures contracts to be artificial. The customers- William Braman, Mark Mendelson and John Simms- are considering their options after Judge...

  • *Audi tasks Jones Day to lead investigation. BERLIN, Dec 4- German carmaker Audi has appointed a new chairman and a new development chief as Volkswagen's flagship luxury division struggles to recover from an emissions scandal. Audi admitted two weeks ago that its 3.0 litre V6 diesel engine was fitted with emissions-control software, deemed as illegal in the...

  • Dec 3- KaloBios Pharmaceuticals Inc, which recently appointed controversial head of Turing Pharmaceuticals Martin Shkreli as its CEO, said it was acquiring worldwide rights to a compound being developed for the treatment of Chagas disease. KaloBios will be purchasing the rights to the drug, Benznidazole, from privately held Savant Neglected Diseases LLC...

  • Snapchat, valued at $16 billion and with more than 100 million active users, most under the age of 25, ran a "Live Story" on the shooting in Bernardino, California, shortly after news broke of the massacre, which left 14 people dead and 21 more wounded. The feed named " California shooting" included about 30 curated images, videos and live updates related to the shooting,...

  • NEW YORK, Dec 3- General Electric Co expects benefits from its acquisition of Alstom SA's power business to come in at the low end of the U.S. conglomerate's previous estimate for 2016, the company said on Thursday, citing delays in closing the deal. GE said it expects the $10.3 billion deal to add 5 cents a share to earnings in 2016. It had earlier forecast the deal...

  • BOSTON/ NEW YORK, Dec 3- An official for the second-largest U.S. public pension system on Thursday urged Viacom Inc to do away with its dual-class share structure, the latest call from an investor for change at the media empire controlled by the aging mogul Sumner Redstone as doubts grow over his ability to lead. Redstone, 92 years old, controls about 80 percent of the...

  • MEXICO CITY, Dec 3- Mexican billionaire Carlos Slim said on Thursday he will not give away his family's shares to charity like Facebook founder Mark Zuckerberg. Earlier this week, Zuckerberg announced he would donate 99 percent of his Facebook shares, currently worth about $45 billion, to a new philanthropic project he will run with his wife.

  • WASHINGTON, Dec 3- U.S. officials and lawmakers urged business leaders on Thursday to get behind a Pacific trade pact as they vowed an all-out effort next year to get the deal through the U.S. Congress. President Barack Obama' s outreach to Asia, in October, but it has so far won a mixed reception in Congress. That took six weeks to clear Congress and passed the House of...