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  • SAN FRANCISCO, Dec 10- Doctor On Demand is the latest Silicon Valley startup to bet that people will turn to mobile devices for confidential counseling. The Doctor On Demand app is available on mobile devices with both Google Inc's Android and Apple Inc's iOS platforms. It has raised $24 million from such venture firms as Andreessen Horowitz and Google Ventures,...

  • You may already be too late for hottest holiday toys Wednesday, 10 Dec 2014 | 8:45 AM ET
    Disney's Frozen dolls were the hot holiday item, especially at J.C. Penney's Disney shop in shop.

    If you still have Disney's Frozen Castle and Ice Palace Playset on your holiday gift list this year, you may already be out of luck.

  • LONDON, Dec 10- Crude prices are likely to extend their 43 percent slump since June, the oil chief of commodities and mining group Glencore Plc said on Wednesday, with the drop so far not large enough to shut down excess production over the next six to nine months. Glencore, which has investments in a number of small fields in West Africa, said one project may be farmed...

  • UPDATE 2-BP to spend $1 bln on thousands of job cuts Wednesday, 10 Dec 2014 | 8:41 AM ET

    LONDON, Dec 10- BP will cut thousands of jobs cut across its global oil and gas business by the end of next year in a $1 billion restructuring programme announced on Wednesday following steep falls in oil prices. "Given the recent position taken by OPEC and with oil prices where they are today, we will continue to review this further," BP head of upstream Lamar McKay...

  • US STOCKS-Futures edge lower after volatile session Wednesday, 10 Dec 2014 | 8:36 AM ET

    *Costco, Toll Brothers post quarterly results. NEW YORK, Dec 10- U.S. stock index futures edged lower on Wednesday, a day after stocks staged an intraday rally to erase a decline of nearly 1.3 percent and end nearly flat. Oil prices have been under pressure from the dollar's strength and OPEC's decision against an output cut, with Brent down more than 40 percent from...

  • INTERVIEW-BG in advanced talks with BP over Egypt deal Wednesday, 10 Dec 2014 | 8:32 AM ET

    *BG eyeing deals to pump gas from Israel, Cyprus, to Egypt. CAIRO, Dec 10- British gas company BG is in advanced talks that could boost supplies to power-hungry Egypt by allowing rival BP to use its pipelines, the head of BG Egypt told Reuters. Egypt is battling its worst energy crisis in decades.

  • Yum Brands lowers forecast on slow China recovery Wednesday, 10 Dec 2014 | 8:13 AM ET
    Doritos Locos tacos and a fountain drink from Taco Bell

    Yum Brands lowered its profit forecast for 2014, hurt by slower-than-expected sales recovery in China, following a food safety scare in July.

  • LONDON, Dec 10- Global demand for OPEC crude in 2015 will be less than expected and far below its current output, the group said on Wednesday, pointing to a hefty supply surplus without OPEC output cuts or a slowdown in the U.S. shale boom. The report follows OPEC's decision last month not to prop up prices by cutting output. Top exporter Saudi Arabia urged fellow...

  • OMISALJ, Croatia, Dec 10- Spurred by the demise of Russia's South Stream gas pipeline project, Croatia has revived a decade-old idea of building a liquefied natural gas import terminal at the deepwater oil port of Omisalj on the island of Krk. But the Ukraine crisis and the collapse of South Stream have refocused minds in central and eastern European nations on...

  • BUDAPEST, Dec 10- Hungary's ruling party wants supermarkets to close on Sundays, a measure likely to hurt big foreign retailers such as Tesco, Auchan and Aldi which say they were also targeted by new taxes. Prime Minister Viktor Orban says he wants to protect the Christian day of rest with the sort of trading restrictions in place in Germany, Austria and other...

  • FRANKFURT, Dec 10- Former Bundesbank president Karl Otto Poehl, a fierce proponent of Germany's stable money tradition who helped prepare the ground for Europe's common currency, has died aged 85.. After working as a journalist early in his career, Poehl became a state secretary in West Germany's Finance Ministry in 1972 before moving to the Bundesbank, where he...

  • CARACAS, Dec 10- Packing potatoes at his vegetable stand on a sun-baked street in Caracas's hillside Catia slum, Jesus Jimenez fondly recounts voting for late president Hugo Chavez. Like millions in Venezuela's poor "barrios," the chatty father of 14 worshipped the larger-than-life Chavez and benefited from his welfare programs, especially Cuban-staffed...

  • NEW YORK, Dec 10- If you still have Disney's Frozen Castle and Ice Palace Playset on your holiday gift list this year, you may already be out of luck. With Christmas approaching, the $119 toy- made by Mattel Inc- is sold out. Expect fierce price competition at major retailers like Wal-Mart Stores Inc and Target Corp, which carry thousands of toys, notes Jim Silver,...

  • The company said it expected to spend $750 million- $850 million in 2015. Of its 2014 budget of $1.43 billion, Oasis had spent $1.1 billion as of Sept. 30.

  • *China inflation falls to 5- year low of 1.4 pct. LONDON, Dec 10- Oil prices were anchored near five-year lows and Germany's benchmark government bond yield fell to a record low on Wednesday as concerns over Greece's political and financial prospects spurred demand for safety. At 1220 GMT Britain's FTSE 100 was up 0.2 percent at 6,542 points, Germany's DAX was up...

  • *Norway's central bank may set scene for lower rates. *Political uncertainty in Greece keeps euro in check. LONDON, Dec 10- The Norwegian crown slumped to its lowest point in over five years against the euro on Wednesday, battered by falling oil prices and investors betting that Norway's central bank will point towards further monetary easing on Thursday.

  • Dec 10- Goodrich Petroleum Corp said it would explore strategic options for all or a part of its Eagle Ford shale assets in South Texas to boost liquidity, as oil prices fall. Several oil producers, including ConocoPhillips, Apache Corp and Halcon Resources have set lower budgets for 2015 due to a near 40 percent drop in global crude prices. Goodrich, which also has...

  • US STOCKS-Futures little changed after volatile session Wednesday, 10 Dec 2014 | 7:43 AM ET

    *Costco, Toll Brothers edge up after earnings. NEW YORK, Dec 10- U.S. stock index futures were little changed on Wednesday, a day after stocks staged an intraday rally to end nearly flat after a decline of as much as 1.3 percent. *Stocks shook off worries about global weakness and political turmoil in Greece on Tuesday to erase a sharp decline as energy and technology...

  • LONDON, Dec 10- Glencore's oil chief said on Wednesday there was a "good chance" of crude prices extending their 43 percent fall since June, as he did not expect many oil projects to be shut over the next 6-9 months. However, Alex Beard told the trading and mining firm's investor day that he thought the lower oil prices went, the steeper the eventual price rebound was...

  • *OPEC trims world oil demand forecast to 28.92 mln bpd. LONDON, Dec 10- Brent crude oil slipped below $66 a barrel on Wednesday, just above a five-year low, as producers forecast lower demand for their oil next year. Brent futures for January fell to a low of $65.54 a barrel, down $1.30, before recovering slightly to trade around $65.90 by 1215 GMT.