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  • Oct 24- Rebekah Brooks, the former head of News Corp's British newspaper division who was at the center of a phone hacking scandal, is visiting New York this week, exploring possible jobs, a company spokesman said on Friday. A protege of Murdoch, Brooks has been in meetings at News Corp's headquarters, the publisher of The Wall Street Journal and New York Post, and...

  • Kering, BASF drag down European shares, Ebola eyed Friday, 24 Oct 2014 | 10:24 AM ET

    *BASF retreats after cutting 2015 earnings forecast. *Luxury goods group Kering falls after lower Gucci sales. LONDON, Oct 24- Shares in luxury goods group Kering and chemicals company BASF fell on Friday after business updates, while new worries about the Ebola virus weighed on European stock markets.

  • MOSCOW, Oct. 24- There are "very big risks" that Russia's economic growth could turn negative in 2015 if oil prices remain close to present levels, Economy Minister Alexei Ulyukayev said on Friday, news agency Interfax reported. The price of oil, Russia's major export, has plummeted in recent months, falling around almost $30 since June to around $85 per barrel.

  • *Amazon tumbles, Microsoft climbs after earnings. NEW YORK, Oct 24- U.S. stocks were little changed on Friday, as disappointing earnings from Amazon were offset by gains in Microsoft after its quarterly results. But Microsoft, up 1.3 percent at $45.63, helped offset the drop in Amazon after it reported higher-than-expected quarterly revenue while keeping its...

  • WASHINGTON, Oct 24- The U.S. Treasury Department said on Friday it was tweaking its policy for retirement funds to encourage savers to buy annuities, a measure aimed to keep them from outliving their savings. The department and the Internal Revenue Service will let retirement funds offer long-term deferred annuities as a default investment in 401 retirement...

  • BEIJING, Oct 24- China's State Council will expand the scope of private investment in key sectors, including telecoms and transport, it said on Friday, as part of measures to support the slowing economy. Premier Li Keqiang chaired a meeting of the council, China's cabinet, which decided that China would "open the door" to more areas for social investment,...

  • Oct 24- Banana producer Chiquita Brands International Inc said it would start takeover talks with Brazil's Grupo Cutrale and Safra Group after its shareholders voted against its proposed merger with Irish rival Fyffes Plc. Fyffes' shares were down 9 percent at 90 euro cents in Dublin. Fyffes and Chiquita said recently that the implied value of their potential...

  • WASHINGTON, Oct 24- Sales of new U.S. single-family homes rose to a six-year high in September, but a sharp downward revision to August's sales pace indicated that the housing recovery remains fragile. The Commerce Department said on Friday that sales increased 0.2 percent to a seasonally adjusted annual rate of 467,000 units, the highest reading since July...

  • SAN FRANCISCO, Oct 24- Online music service Deezer is acquiring radio and podcasting app Stitcher, adding a vast catalog of talk radio programs that the company hopes will make it stand out in a crowded streaming music market. Deezer said the acquisition will give it access to roughly 35,000 radio shows and podcasts, including popular talk radio programs such as...

  • RUSSIA'S VTB BANK SAYS CHALLENGES WESTERN SANCTIONS AGAINST THE BANK IN EUROPEAN COURT.

  • NEW YORK, Oct 24- U.S. stocks opened flat on Friday, as disappointing earnings from Amazon were offset by gains in Microsoft after its quarterly results.

  • Baxter's blood disorder drug gets FDA approval Friday, 24 Oct 2014 | 9:35 AM ET

    Oct 24- Drugmaker Baxter International Inc said the U.S. Food and Drug Administration had approved its drug for treating bleeding episodes in adults with a rare bleeding disorder. The drug, Obizur, has been approved for use in patients with acquired hemophilia A, which usually affects older adults, Baxter said in a statement. The drug will be launched in the United...

  • *Amazon tumbles, Microsoft climbs after earnings. NEW YORK, Oct 24- U.S. stocks were set for a slightly lower open on Friday, putting the S&P 500 on track to cut its weekly advance, following disappointing earnings from Amazon and as the first diagnosed case of Ebola in New York City raised concerns about the spread of the virus. Microsoft, up 4.6 percent at $47.09...

  • LAURA, Russia, Oct 24- President Vladimir Putin accused the United States on Friday of making the world a more dangerous place by imposing a "unilateral diktat" in international diplomacy and denied Russia wanted to build a new empire. "Statements that Russia is trying to reinstate some sort of empire, that it is encroaching on the sovereignty of its neighbors, are...

  • CHICAGO, Oct 24- Robust U.S. consumer and business demand plus strong growth in Asia drove a higher-than-expected quarterly profit at package delivery company United Parcel Service Inc and its top executive said that after a challenging holiday period last year the firm is ready for the 2014 peak season. UPS, the world's largest shipping company, and its main...

  • *Paves the way for U.N. talks in Paris next year. The EU's 2030 goal should inject momentum ahead of a U.N. summit to be hosted by Paris in 2015 to seek a global pact on curbing climate change. Christiana Figueres, executive secretary of the U.N. Framework Convention on Climate Change, tweeted the decision gave "valuable momentum for Paris 2015.".

  • LONDON, Oct 24- Another LME Week, the annual pilgrimage of the global metals industry to London, has come and gone. It is a time-honored tradition, and on the surface at least this one was no different from those of previous years. The champagne flowed as freely as ever at the cocktail parties hosted by Triland Metals and Mitsui Bussan Commodities at the Dorchester...

  • LAURA, Russia, Oct 24- Russian President Vladimir Putin blamed the West on Friday for the conflict in Ukraine and denied accusations of empire building or trying to undermine the sovereignty of neighboring countries. In a speech to a group of political scholars called the Valdai Club in which he was fiercely critical of the United States, Putin said the risk of...

  • Oct 24- Bristol-Myers Squibb Co reported better-than-expected third-quarter results, as sizzling sales of its treatments for blood clots, cancer and arthritis helped offset sharply higher taxes. That compared with $692 million, or 42 cents per share, in the year-earlier period. Bristol-Myers, along with Merck& Co Inc, Roche Holding AG and AstraZeneca Plc are...

  • Oct 24- Chiquita Brands International Inc said Brazilian juice maker Grupo Cutrale and investment firm Safra Group's sweetened offer was not superior to its proposed merger with Irish rival Fyffes Plc, which the banana producer's shareholders will put to a vote on Friday. Chiquita will only continue discussions with Cutrale-Safra, if its shareholders do...