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  • Dec 8- The U.S. Energy Information Administration on Tuesday said domestic natural gas production in 2015 was expected to reach 79.58 billion cubic feet per day, just off the 79.61 bcfd it forecast last month. The figure however would still top 2014' s record high of 74.89 bcfd and would be the fifth consecutive annual record high for U.S. gas production, according...

  • NEW YORK, Dec 8- The U.S. government on Tuesday raised its projected decline rate for crude oil production next year, furthering a year-long rout that has pressured benchmark prices to near a seven-year low. In its short term energy outlook, the U.S. Energy Information Administration said that production in 2016 would fall by 570,000 barrels per day to 8.76...

  • Dec 8- Alphabet Inc said it would consider bringing its Fiber internet service to Los Angeles and Chicago, the two biggest cities the tech giant has worked with so far for the super-fast web service. The Google Fiber service, which promises Internet speeds of up to 1000 megabytes per second, is currently available in Kansas City; Austin, Texas and Provo, Utah.

  • SEATTLE, Dec 8- Boeing Co marked the successful assembly of its first 737 MAX on Tuesday, signaling that the key program is on schedule for first flight early next year. Boeing is turning out 42 single-aisle 737 planes a month currently and will increase to 52 a month in 2018. Officials declined to speculate on Monday how the production rate might change after...

  • GAZA, Dec 8- More than a decade after Israel and Europe rolled out 3 G, Palestinians are preparing for the introduction of the mobile network, hoping better Internet access will give their economy a boost. With 4.6 million Palestinians in Gaza and the West Bank, a burgeoning Internet sector and a very high usage of social media platforms such as Facebook and Twitter,...

  • FORD SAYS ASSESSING IMPACT OF NEXTEER STRIKE, SAYS NO DIRECT EFFECT ON NORTH AMERICAN OPERATIONS.

  • Dec 8- Walt Disney Co is doubling its stake in youth-focused digital media company Vice Media to $400 million, a source familiar with the matter said. The deal will boost Disney's stake in Vice to about 10 percent and values the company at more than $4 billion, the source said. FT first reported the news on Tuesday.

  • NEW YORK, Dec 8- Stock markets worldwide slipped on Tuesday, weighed down by weak China trade figures, but indexes were off their lows after oil prices steadied a bit after falling within reach of a seven-year nadir. U.S. crude hit $36.64 a barrel and Brent hit $39.81, their lowest levels since February 2009, before rebounding. Brent crude was last up 4 cents, at $40.77 a...

  • *Brent breaks below $40; WTI slips under $37. *Battles for market share between OPEC, non- OPEC worsen. Brent was down 25 cents at $40.48 a barrel by 12:00 p.m. EST, after setting a session low at $39.81.

  • GM SAYS NEXTEER STRIKE HAS HAD NO IMPACT "AT THIS POINT" ON VEHICLE PRODUCTION.

  • Dec 8- AT&T Inc Chief Executive Randall Stephenson on Tuesday hinted at launching a mobile video streaming service as early as January to target price-conscious U.S. viewers who don't currently have payTV subscriptions. "It is something we are pursuing very, very aggressively and you should assume that we will be doing something in the market with that," he said...

  • NEW YORK, Dec 8- Oil price swings weighed on stocks and exchange-traded funds again on Tuesday, hitting the shares of energy producers for the fifth consecutive trading day. Kinder Morgan lost 4.8 percent, while Exxon Mobil fell 1.9 percent, Chevron Corp was down 0.4 percent and Schlumberger Ltd fell 1.2 percent. The SIG Oil Exploration and Production index hit...

  • PARIS/ BERLIN, Dec 8- Kellogg, Sony, Coca-Cola Enterprises and a group of other companies have committed to targets certified by independent assessors to cut their carbon emissions, they said on Tuesday. The initiative came as negotiators gathered in Paris try to reach an accord on reducing greenhouse gas emissions, and is intended to go beyond the often vague...

  • WASHINGTON, Dec 8- U.S. labor force growth is set to slow further over the next decade as more Americans retire, which will confine the economy to a moderate growth path, according to government report on Tuesday. In its biennial employment projections for 2014-2024, the Labor Department forecast the work-age population increasing at an annual rate of 0.5...

  • The request for consultations with China at the World Trade Organization over a value-added tax of 17 percent on small to medium-sized planes is the first step in a process that could lead to trade sanctions. China is keen to develop a successful commercial aircraft to rival those of Boeing and Airbus. The ARJ21, China's first locally built regional jet, is...

  • Dec 8- The U.S. Food and Drug Administration approved Alexion Pharmaceutical Inc's treatment for a rare genetic disorder that could lead to multi-organ damage and death. Kanuma, which was added to the drugmaker's pipeline in June through its acquisition of Synageva BioPharma Corp, could be priced $300,000 to $400,000 annually, MorningStar Inc analyst Stefan...

  • Dec 8- Morgan Stanley will take a $150 million severance charge in the fourth quarter related to a workforce reduction, a company spokesman said on Tuesday. The news was first reported by Bloomberg earlier on Tuesday. Morgan Stanley planned to cut up to 25 percent of its fixed-income jobs, a person familiar with the matter said last month.

  • Dec 8- Oil bull Andy Hall's Astenbeck Capital Management lost almost 10 percent in November as the hedge fund heads toward its worst year ever amid a global crude glut, data showed on Tuesday. With just one month to the close of 2015, Southport, Connecticut- based Astenbeck was down 26.3 percent on the year, according to monthly data sent by the fund to its investors...

  • WASHINGTON, Dec 8- As negotiations over a $1 trillion U.S. spending bill dragged on, Republican leaders in the U.S. House of Representatives said on Tuesday they would seek to pass a stop-gap spending bill to avoid a government shutdown early on Saturday. House Speaker Paul Ryan said the extension would likely last a "handful of days" to allow work on the spending...

  • Dec 8- L-3 Communications Holdings Inc said it would sell its government services division, National Security Solutions, to smaller defense contractor CACI International Inc for $550 million in cash. L-3 and CACI finalized the terms of the agreement early Tuesday morning, aided by strong ties between Chris Kubasik, L-3's chief operating officer, and Ken...