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  • LONDON, Jan 6- Copper hit a two-week low on Wednesday as a weak yuan and poor Chinese services sector data fanned fears over slowing growth in a market still reeling from weak China factory data and a Shanghai equities sell off earlier this week. Activity in China's services sector expanded at its slowest rate in 17 months in December, data showed, while the...

  • Jan 6- Rig contractor Ensco Plc said Petrobras has declared void a contract for a drillship leased to the Brazilian oil producer. Petroleo Brasileiro SA, or Petrobras, chartered the DS-5 in 2008, when it was owned by Pride International, a company bought by Ensco in 2011.. Ensco has denied allegations of corruption in Brazil.

  • *Markit cuts Q4 2015 GDP forecast to 0.5 pct from 0.6 pct. British economic growth slid to its joint-weakest in nearly three years in the three months to September, and financial data company Markit said its December survey of purchasing managers pointed to only a marginally faster expansion in late 2015.. The Markit/ CIPS UK services purchasing managers' index...

  • SAO PAULO, Jan 6- Brazil's Gouvêa family no longer wants to take control of apparel and home furnishing retailer Leader Participações SA back from bank BTG Pactual SA, newspaper Valor Economico reported on Wednesday. BTG Pactual has tried to sell assets and tap emergency funding since the bank's former CEO Andre Esteves was swept into a massive graft...

  • LONDON, Jan 6- Emerging equities fell to their lowest in 6-1/ 2 years on Wednesday as global markets continued to fret over China, while fresh yuan weakening pressured most emerging currencies. That also pushed South Korea's five-year credit default swaps four basis points higher from Tuesday's close to 61 points, Markit said. "The market is taking it as a sign that...

  • *Brazil soybean exports seen hitting record this year. HAMBURG/ SINGAPORE, Jan 6- U.S. soybean futures fell on Wednesday, pulling back from Tuesday's rise, on forecasts of record exports from Brazil which would generate increased competition with U.S. shipments. "Soybeans are the main market focus today with attention on the forecasts of huge exports from Brazil...

  • *China fears, geopolitical tensions knock stocks lower. *Gold closes in on key chart levels at $1,088- analysts. LONDON, Jan 6- Gold hit a four-week high on Wednesday, extending gains for a third session, as persistent concerns over the Chinese economy battered stock markets, while tensions simmered in the Korean peninsula and the Middle East.

  • WASHINGTON, Jan 6- Graham Holdings, the former Washington Post parent that now focuses on non-newspaper media and for-profit education, is moving into the fast-emerging market for corporate cyber security training, with a new business unit launch set for Wednesday. Analysts project growth in the cyber security training market, which includes boot camps,...

  • LONDON, Jan 6- Britain's John Lewis Partnership maintained its full-year profit guidance thanks to a strong Christmas performance from its department stores which reported robust fashion sales despite a mild start to winter. Next blamed Britain's unusually warm weather in November and December for a sharp slowdown in sales growth. The John Lewis...

  • BEIJING, Jan 6- Chinese President Xi Jinping said on Wednesday that China will strengthen supply-side structural reform now and in the coming years, the official Xinhua news agency reported.

  • *Huawei 1st China firm to ship over 100 mln smartphones in a yr. HONG KONG, Jan 6- Huawei Technologies Co became the first Chinese handset vendor to ship more than 100 million smartphones in a year when its 2015 shipments defied a market slowdown and jumped 44 percent, thanks to strong sales domestically and in Western Europe. Huawei's upbeat performance comes at a...

  • *Aussie, kiwi sink more than 1 percent on China worries. LONDON, Jan 6- China's yuan fell on Wednesday to its lowest since the opening of its offshore market in 2010, extending a slide that has unnerved global financial markets and sent currency investors rushing for the security of Japan's yen. Its all driven by China, "said Gian Marco Salcioli, head of FX sales at...

  • LONDON, Jan 6- Oil fell to its lowest in more than 11 years on Wednesday, down around 2 percent, as the row between Saudi Arabia and Iran was seen extinguishing any chance of major producers cooperating to cut production in the face of mounting global over supply. The furore over Saudi Arabia's execution of a Shi'ite cleric has depressed the market as it put an end to...

  • *Standard Chartered, Deutsche Bank hit by the ban- sources. SHANGHAI, Jan 6- Standard Chartered is among three lenders that China's central bank last week suspended from conducting some foreign exchange business until the end of March, two sources with direct knowledge told Reuters on Wednesday. Reuters reported on Dec. 30 that China's central bank had suspended...

  • The following are outcomes of past cases brought by the EPA against car and truckmakers:. The penalty was based on their sales of more than 1.2 million vehicles that collectively would emit approximately 4.75 million metric tonnes of greenhouse gases in excess of what the automakers certified to the EPA. TOYOTA 2003: Japan's Toyota Motor Corp settled a case...

  • SHANGHAI, Jan 6- China's onshore yuan weakened against the dollar on Wednesday to its lowest level since March 2011 after the central bank set its official midpoint rate for the currency. The People's Bank of China set the yuan midpoint rate at 6.5314 per dollar prior to the onshore market open, 0.22 weaker than the previous fix 6.5169, the biggest fall between...

  • LONDON, Jan 6- European stocks fell on Wednesday, hit by weakness in the commodity sector as concerns over the Chinese economy resurfaced after it allowed the yuan to weaken further and poor services sector data was reported. Miners came under pressure after the People's Bank of China set a weaker midpoint for the yuan, prompting concerns that the economy of the...

  • *China's services sector growth slows to weakest in 17 months. SHANGHAI, Jan 6- China's blue chip shares ended sharply higher on Wednesday after state media said a selling ban on major shareholders brought in to help arrest a market crash last summer would remain in place until the government publishes new rules on such disposals. Shen Weizheng, fund manager at...

  • One project is a 197- km rail link between northeastern Liaoning province and northern Inner Mongolia, and the other involves an investment of 17.02 billion yuan in a separate rail link between different cities in the two regions, the National Development and Reform Commission said on its website.

  • IRAN OPEC OFFICIAL SAYS COUNTRIES THAT RAISED OIL PRODUCTION WHEN SANCTIONS ON IRAN WERE IMPOSED SHOULD CUT OUTPUT TO STABILISE MARKET- SHANA.