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  • NEW YORK, Sept 10- The U.S. Department of Justice's No. 2 official was to lay out the rationale on Thursday behind a revised policy for prosecutors to focus on wrongdoing by corporate executives, after criticism they had failed to do so, especially in the 2008-09 financial meltdown and housing crisis. Deputy Attorney General Sally Quillian Yates was scheduled to...

  • US STOCKS-Apple, health stocks lift Wall Street Thursday, 10 Sep 2015 | 11:34 AM ET

    *Earnings won't grow as much as expected- David Tepper to CNBC. Global markets were under pressure earlier in the day after data showed a drop in producer prices and car sales in China and slowing capital spending in Japan. "We need to see more positive government action from China.

  • *EU finance ministers to meet in Luxembourg on Saturday. *Review must wait for Greek election- Luxembourg minister. Euro zone finance ministers will discuss preparations for Greek reforms envisaged by the third bailout, worth 86 billion euros, at an informal meeting in Luxembourg on Saturday.

  • NEW YORK, Sept 10- Global equity markets outside the U.S slipped Thursday after days of gains as concerns about the economies of China and Japan cast a cloud over the world growth picture, though Wall Street rose, and oil prices rebounded after slumping a day earlier. The dollar was was down 0.14 percent against a basket of major currencies as investors continued...

  • WASHINGTON, Sept 10- A U.S. House of Representatives subcommittee passed a bill on Thursday to repeal the U.S. ban on oil exports, providing momentum in the chamber for overturning the 40- year old trade restriction. But backers of a similar bill in the Senate including Senators Lisa Murkowski, a Republican from Alaska, and Heidi Heitkamp, a Democrat from North...

  • LONDON, Sept 10- German bond yields dipped on Thursday as concerns about the impact of a slowdown in China hit riskier assets amid uncertainty over whether the United States would hike interest rates this month. The rally across most high-rated euro zone markets also mirrored relief that the United States managed to offload bonds at auction on Wednesday,...

  • WASHINGTON, Sept 10- The U.S. Navy has removed contracting suspensions imposed on two former senior executives with Italy's Finmeccanica SpA in February 2014, after they were cleared of bribery charges by an Italian court, according to an attorney representing the two men. Former Finmeccanica Chief Executive Giuseppe Orsi and Bruno Spagnolini, who headed the...

  • The comments followed a meeting of Gulf Arab oil ministers with Qatar's emir in Doha, at which a Venezuelan proposal for an OPEC and non- OPEC summit was discussed. Oil prices have more than halved since summer last year on an oversupplied market as well as a decision by OPEC to defend market share and discourage competing supply sources, rather than cut its output...

  • FOREX-Dollar softens on stocks slump, mixed U.S. data Thursday, 10 Sep 2015 | 11:09 AM ET

    NEW YORK, Sept 10- The dollar softened on Thursday as global stock markets turned down and economic data sent contrary signals about whether the U.S. European stocks broke a three-day run of gains with a drop of 1 percent following a difficult session in Asia, and Wall Street traded off 0.20 percent as data showed a decline in Chinese car sales and slowing capital...

  • WASHINGTON, Sept 10- A U.S. House of Representatives subcommittee passed a bill on Thursday to repeal the U.S. ban on oil exports, providing momentum in the chamber for overturning the 40- year old trade restriction. The House Energy and Power subcommittee passed the bill, sponsored by Republican Representative Joe Barton of Texas. A similar bill passed the...

  • Sept 10- General Electric Co is expected to decide on a new location for its headquarters in the fourth quarter of this year, Chief Executive Jeff Immelt told CNBC. The company has been looking at moving its headquarters out of Fairfield, Connecticut after lawmakers passed a budget in June that includes $1.2 billion in tax increases despite protests from some of...

  • LONDON, Sept 10- Sterling hit a two-week high against the dollar on Thursday after details from the Bank of England's latest policy meeting appeared to show policymakers were less concerned about the domestic impact of turmoil in global markets. And while Bank of England policymakers voted 8-1 to keep rates at a record-low 0.5 percent this month, as expected,...

  • Sept 10- U.S. diversified manufacturer 3 M Co said on Thursday it was exploring a sale or spinoff of its healthcare data and software business. The decision comes as Chief Executive Officer Inge Thulin reviews 3 M's broad business portfolio, which includes Post-it notes as well as adhesives, abrasives and other products for a variety of industries.

  • *JP Morgan ejects Nigeria from bond index. LAGOS, Sept 10- Nigeria's bond market regulator imposed a new spread limit on Thursday, to mitigate the fallout after the country's expulsion from a major JP Morgan bond index. On Tuesday, JP Morgan said it would remove the bond listings of Africa's biggest economy by the end of October, citing a lack of liquidity and...

  • Sept 10- New York Attorney General Eric T. Schneiderman has asked 13 dietary supplement makers to halt the sale of adulterated devil's claw plant, a common remedy for arthritis and chronic pain.

  • Initial claims for state unemployment benefits dropped 6,000 to a seasonally adjusted 275,000 for the week ended Sept. 5, the Labor Department said on Thursday. "Consistently low readings for initial and continuing jobless claims suggest that the separations side of the labor market remains healthy, and we see little reason to expect a meaningful shift in...

  • FDA finalizes rules to prevent food safety hazards Thursday, 10 Sep 2015 | 10:26 AM ET

    Sept 10- The U.S. Food and Drug Administration finalized rules requiring human and animal food companies to identify possible food safety problems and outline steps to prevent or minimize them. One in six Americans gets sick every year from food-borne diseases, according to the U.S. Centers for Disease Control and Prevention. Sales of U.S. food majors...

  • Weak demand across vessels drags Baltic index down Thursday, 10 Sep 2015 | 10:16 AM ET

    Rates in the Pacific were under pressure mainly due to a lack of cargoes from Brazil, ship broker Fearnleys said in a weekly note on Wednesday. Average daily earnings for capesize vessels, which typically transport 150,000- tonne cargoes such as iron ore and coal, were down $510 to $8,662. Average daily earnings for panamaxes, which usually carry 60,000 to...

  • SAO PAULO, Sept 10- Brazil's financial markets fell on Thursday after Standard& Poor's cut the country's sovereign rating to junk late Wednesday, though assets began to pare losses in late morning trading as the downgrade had been largely priced in. The drop from investment grade, which came sooner than many in the market had expected, reflected President Dilma...

  • LONDON, Sept 10- The Bank of England said on Thursday its rate-setters felt the threat to the world economy from China's stock-market slump did not signal a slowdown for Britain, as they left interest rates at a record-low of 0.5 percent. Policymakers voted 8-1 to keep rates unchanged, as expected, and they broadly agreed with Governor Mark Carney, who has said that,...