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  • WASHINGTON, Dec 15- The Obama administration is looking at a bill that would authorize new sanctions on Russia over its activities in Ukraine, and has not yet made a decision on whether the president will sign the measure, a senior administration official said on Monday. The official said the administration "remains deeply concerned" about Russia's aggressive...

  • Vice Media, known for its edgy videos, also said it has appointed as co-president James Schwab, who has advised media groups such as DreamWorks Animation SKG, The Weinstein Co and Discovery Communications Inc.. Vice secured $500 million investment in September from Silicon Valley's Technology Crossover Ventures and A+ E Networks. In October, the company teamed...

  • LOS ANGELES, Dec 15- The union for 20,000 dockworkers and a group of their employers at 29 U.S. West Coast ports say they are making slow but steady progress in months-long contract talks seen by the shipping industry as a contributing factor in chronic cargo backups. The International Longshore and Warehouse Union and the Pacific Maritime Association,...

  • *Oil prices fall to fresh five-year lows on OPEC output decision. An earlier rebound in oil prices faded after OPEC exporters said they wouldn't cut production despite worries about a supply glut. That's weighed on stocks and put a bid back in Treasuries, "said Ian Lyngen, senior government bond strategist at CRT Capital Group in Stamford, Connecticut.

  • *No need for OPEC meet to help prices- UAE oil minister. NEW YORK, Dec 15- Crude prices came under renewed selling pressure Monday after OPEC said it would not cut oil output despite fears of a glut, and a UAE official opposed holding an emergency meeting of the producer group to fix prices. "You have all these OPEC officials reiterating they are not going to cut...

  • BRUSSELS, Dec 15- The European Union agreed on Monday to implement a German-British plan to revive Bosnia's bid to join the bloc, which rests on a new government's commitment to reform. Britain and Germany proposed last month to offer EU funds to Bosnia in return for institutional reform, an initiative that was followed up by the EU's foreign policy chief...

  • Dec 15- Wintergreen Advisers, a minority shareholder in Coca-Cola Co, said Chief Executive Muhtar Kent was "incapable of leading Coke's turnaround and should be replaced." "The strategic investments made by CEO Muhtar Kent have destroyed shareholder value. Following criticism from Warren Buffett and other investors for its outsized employee share rewards,...

  • *Strike at Antamina copper mine in Peru ends. NEW YORK, Dec 15- Prices for copper and other metals fell on Monday with declines in stock and energy markets spilling into metals as concerns grew that economic weakness elsewhere could soon hit the United States. "It's a global macro-slowdown worry that is hanging over these commodities markets," said analyst Edward...

  • Dec 15- Wintergreen Advisers, a minority shareholder in Coca-Cola Co, said Chief Executive Muhtar Kent was "incapable of leading Coke's turnaround and should be replaced". "The strategic investments made by CEO Muhtar Kent have destroyed shareholder value. His blunders on failed acquisitions alone have cost shareholders $16.3 billion, "Wintergreen said in a...

  • MOSCOW, Dec 15- The rouble plunged almost 10 percent against the dollar on Monday, its sharpest fall since 1998, and Russian assets sold off across markets, testing the firepower of the central bank and posing a major challenge for President Vladimir Putin. Traders said the slump in the rouble, down 49 percent against the dollar this year, forced the central bank to...

  • BRUSSELS, Dec 15- European Union antitrust regulators on Monday approved the proposed merger of France's Lafarge and Swiss peer Holcim to create the world's biggest cement maker after they promised to sell a swathe of overlapping assets. Holcim and Lafarge said the package, with the exception of a minor change in France, was about the same as that announced in...

  • WASHINGTON, Dec 15- A U.S. federal appeals court on Monday threw out a human rights lawsuit brought against Occidental Petroleum Corp over allegations that it played a role in killings carried out by the Colombian military in 2004.. A three-judge panel of the San Francisco- based 9th U.S. Circuit Court of Appeals upheld a district court judge's decision to...

  • US STOCKS-Wall St slides along with crude prices Monday, 15 Dec 2014 | 12:35 PM ET

    *Petsmart to be acquired by private equity consortium. NEW YORK, Dec 15- U.S. stocks slid on Monday with investors shunning risk as oil prices tumbled to fresh 5-1/ 2 year lows. "The continued free fall in crude is the main thing here," said Uri Landesman, president at Platinum Partners in New York, adding the S&P 500 could test 1,750..

  • LONDON, Dec 15- Britain's BT has entered into exclusive talks with Orange and Deutsche Telekom to buy EE for 12.5 billion pounds, opting for the country's biggest mobile operator over rival suitor, Telefonica's O2. BT had been in talks with Telefonica and EE's owners since late November about a deal to buy one of the providers, giving the fixed-line firm an...

  • DETROIT, Dec 15- The president of the United Auto Workers union on Monday called the National Labor Relations Board's recent decisions to allow employees to use company email to organize and unions to hold faster elections to represent workers "the right thing to do." "It made all the sense in the world," Dennis Williams told reporters at the union's headquarters in...

  • Dec 15- Diversified U.S. manufacturer Honeywell International Inc said on Monday it expected an overall benefit from the decline in oil prices even as it gave a 2015 sales forecast that slightly trailed Wall Street's target. Low oil prices have pressured shares of some industrial manufacturers that supply to customers in the energy sector, and have weighed on...

  • Dec 15- The trustee handling the liquidation of the brokerage unit of Lehman Brothers Holdings Inc filed a petition with the U.S. Supreme Court on Monday seeking review of the business's cash assets awarded to Barclays Plc. Trustee James Giddens, who has been seeking to recoup money for the brokerage's creditors, said lower court rulings granting margin assets...

  • *OPEC repeats intention to keep output steady despite glut. NEW YORK, Dec 15- Crude prices came under renewed pressure on Monday, and Brent hit five-year lows of nearly $60 a barrel after producer group OPEC said it would stick to its decision not to cut output despite fears of a world awash in oil. But oil later gave up its gains, with Brent turning negative and U.S....

  • BT chooses EE over O2 in 12.5 bln stg mobile deal Monday, 15 Dec 2014 | 12:11 PM ET

    LONDON, Dec 15- Britain's BT has entered into exclusive talks with Orange and Deutsche Telekom to buy EE for 12.5 billion pounds, opting for the country's biggest mobile operator over rival suitor, Telefonica's O2. BT had been in talks with Telefonica and EE's owners since late November about a deal to buy one of the operators, putting the British telecom firm in an...

  • PARIS, Dec 15- The shortfall in France's system of private-sector supplementary pension provisions risks growing faster than forecast, according to a report by France's Cour des Comptes state audit body obtained by Reuters on Monday. The top-up regimes account for anything up to half of the total final pension award to private sector employees in France and...