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  • NEW YORK, Oct 27- U.S. Treasury debt prices inched higher on Monday in a safe-haven bid on concerns about weak U.S. economic data and the steep drop in Brazil's stock market following the re-election of incumbent leftist Dilma Rousseff. "There is concern on the part of global investors about the likelihood that we do return to recession or growth that is...

  • NEW YORK, Oct 27- U.S. stocks edged lower in afternoon trading on Monday, pausing after the S&P 500' s biggest weekly gain since January 2013, as energy shares fell with another decline in oil prices. Shares of Gilead Sciences, due to report results Tuesday, were up 1.8 percent and helped to limit some of the declines. Micron Technology jumped 3.5 percent and was the...

  • KIEV, Oct 27- Pro-Western parties will dominate Ukraine's parliament after an election handed President Petro Poroshenko a mandate to end a separatist conflict and to steer the country further away from Russia's orbit towards mainstream Europe. President Barack Obama hailed Sunday's election as "an important milestone in Ukraine's democratic...

  • *Bank launches consultation into wholesale financial markets. LONDON, Oct 27- Tougher rules may be needed to stop a repeat of the "outrageous" behaviour that has hit trust and confidence in financial markets in recent years, Bank of England Deputy Governor Minouche Shafik said on Monday. Launching a consultation into commodity, bond and currency wholesale...

  • MONTEVIDEO, Oct 27- Leftist ruling party candidate Tabare Vazquez is in a strong position to win Uruguay's presidential election race after taking a big lead in the first round of voting, official results showed on Monday. Although he fell short of the 50 percent majority needed for an outright win, he had a bigger than expected lead over his closest rival, Luis...

  • LONDON, Oct 27- Tougher rules may be needed to stop a repeat of the behavior in financial markets that has hit trust and confidence in recent years, Bank of England Deputy Governor Minouche Shafik said on Monday. "Caveat emptor has never meant' anything goes' and certainly does not trump the obligation on a firm to act honestly, fairly and professionally," Shafik said...

  • BANK OF ENGLAND DEPUTY GOVERNOR SAYS MORE RULES MAY BE NEEDED TO END' ANYTHING GOES' ATTITUDE OF SOME FINANCIAL MARKETS TRADERS.

  • BANK OF ENGLAND MARKETS REVIEW SAY BONUSES MAY NEED RESTRAINING IN CASES OF BAD BEHAVIOR.

  • Sees Q1 2015 WTI crude at $75/ bbl vs $90/ bbl previously. Oct 27- Goldman Sachs has slashed its 2015 oil price forecasts, making it the most bearish among major financial institutions, adding pressure on Monday to crude futures that have already tanked near 25 percent over the past five months. Goldman analysts said in a report released late on Sunday that they...

  • NEW DELHI, Oct 27- Tata Power Company Ltd plans to complete work on a $1.8 billion thermal power station in Vietnam three years early, government officials said, as the two countries strive to showcase the economic ties between them. Vietnamese Prime Minister Nguyen Tan Dung, visiting India just a month after India's president travelled to his country, said he had...

  • CHICAGO, Oct 27- U.S. drugstore chain Rite Aid Corp will ban Apple Inc's new electronic payments service in its 4,572 stores as it commits to joining a consortium of other large retailers developing a rival payments system. The rival system, called Current C, is being developed by Merchants Customer Exchange, a consortium of merchants that includes Rite Aid and...

  • *Morgan Stanley strategists remain' overweight banks'. PARIS/ LONDON, Oct 27- European stocks fell on Monday as investors booked recent gains after the European Central Bank review of the region's banks and a German business sentiment index dropped to its lowest in almost two years. Among the few gainers, shares in Austria's Erste Group Bank added 3.5 percent and...

  • SAO PAULO, Oct 27- President Dilma Rousseff's narrow re-election victory met with cold reality on Monday as Brazil's financial markets tumbled on doubts that she can restore confidence in the economy and maintain political support in a sharply divided nation. Finance Minister Guido Mantega, whose replacement is the focus of intense speculation, tried to...

  • NEW YORK, Oct 27- Amazon.com Inc is buying online comedy service Rooftop Media, as the Internet retailer pursues its ambition of building a digital media library to rival Netflix. While the deal is small, it underscores Amazon's intention of buying content to round out its online service. Audible founder and Chief Executive Donald Katz said in a statement on...

  • SAO PAULO, Oct 27- The turning point in President Dilma Rousseff's re-election campaign came on the evening of Sept. 1, after a disastrous presidential debate at which she confessed to the audience that she was "nervous" and stumbled over several words. Silva, meanwhile, was hammering Rousseff on two of her biggest weaknesses- Brazil's stagnant economy, and her...

  • CALGARY, Alberta, Oct 27- U.S. oil prices briefly tumbled to a 28- month low below $80 per barrel on Monday after Goldman Sachs slashed its price forecasts amid further signs of lacklustre demand and booming supply, but crude later pared some losses as the U.S. dollar slipped. But the bounce failed to completely erase losses that came after Goldman Sachs cut its...

  • PARIS/ ROME, Oct 27- France and Italy unveiled plans on Monday to trim their deficits more than previously planned in last-minute pitches to get clemency from the European Commission on their 2015 budgets. The European Union's executive arm has until Wednesday to decide whether to reject France and Italy's 2015 draft budgets for failing to make sufficiently...

  • DETROIT, Oct 27- Toyota Motor Corp's namesake brand and its Lexus luxury brand finished one-and-two for the second year in a row in Consumer Reports' annual quality survey of the U.S. new-vehicle market, the influential magazine said on Monday. The four lowest-scoring brands were all from Fiat Chrysler Automobiles' Chrysler Group, as were five of the bottom seven.

  • BOGOTA, Oct 27- Colombia's central bank will hold its benchmark interest rate at 4.5 percent until at least the end of the year because of economic uncertainty at home and abroad, according to a Reuters survey on Monday, while the peso will continue depreciating. "Being conscious of the moderation in local economic growth in the second half of the year, it still...