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  • Nov 25- A lawyer for Sumner Redstone denied claims made by his ex-girlfriend in a lawsuit that the executive chairman of Viacom Inc and CBS Corp was mentally impaired and unable to make decisions. The Los Angeles Times earlier reported that Manuela Herzer, one of the billionaire media mogul's former girlfriends, filed a probate lawsuit in Los Angeles County...

  • Nov 25- Bankrupt grocery chain Haggen said on Wednesday it had received court approval to sell 47 stores on the West Coast, most of which will go back to grocer powerhouse Albertsons, as part of a plan to emerge from Chapter 11.. Bellingham, Washington- based Haggen ran into debt trouble this year after a costly and ambitious expansion drive that included the...

  • NEW YORK, Nov 25- U.S. stocks were little changed on Wednesday with the biggest gains in the healthcare and consumer sectors as the latest data showed a modestly growing U.S. economy.

  • *U.S. oil rig count down by 9 this week, Baker Hughes says. NEW YORK, Nov 25- Crude futures erased early losses to settle steady on Wednesday after a smaller-than-expected supply build in the United States and drop in the number of U.S. rigs actively drilling for oil. Benchmark Brent crude futures settled up 5 cents at $46.17 on Wednesday, after falling more than $1 to a...

  • *Late euro recovery lifts single currency above $1.06. NEW YORK, Nov 25- The dollar rose on Wednesday, holding near multi-month highs against a basket of currencies as the latest batch of U.S. economic data continued to support views the Federal Reserve will raise interest rates in December. The data turned the dollar upward against the yen, which rallied...

  • BUENOS AIRES, Nov 25- Argentina's president-elect, Mauricio Macri, has named former Shell Argentina executive Juan Jose Aranguren to be the country's energy minister, a spokesman for the incoming government said at a news conference on Wednesday.

  • LIMA, Nov 25- Inflation in Peru during November will likely be higher than what the central bank would like due to an increase in some food prices, bank president Julio Velarde said on Wednesday, a sign an interest rate hike may be in the works. Velarde said that Peru's economy is growing below its potential of 4.5 percent and underscored that the sol currency has...

  • NEW YORK, Nov 25- General Motors Co and its law firm need not turn over privileged documents to drivers hoping to show that the automaker intended to commit a crime or fraud by concealing defective ignition switches in their vehicles, a Manhattan federal judge ruled on Wednesday. District Judge Jesse Furman found no showing that the automaker and King& Spalding...

  • Nov 25- Wall Street stocks were slightly higher in light trading on Wednesday, with the biggest gains in healthcare and consumer stocks as the latest data showed a modestly growing U.S. economy. "With market valuations where they're at right now, there's potential downside if the next data point or global political event is negative," said Jeff Morris, head of U.S....

  • *U.S. bond market to close Thursday for Thanksgiving. NEW YORK, Nov 25- U.S. The yield flattening will likely continue into next year, "said Dan Heckman, senior fixed income strategist at U.S.

  • Nov 25- U.S. film studio Relativity Media LLC is accusing its senior lender and two former executives of a secret plan to thwart its refinancing efforts, a factor that it said in court documents helped lead to its July bankruptcy filing. In a revised disclosure statement for its plan to exit bankruptcy, Relativity said lender Colbeck Capital Management...

  • LONDON, Nov 25- A former ICAP broker charged with conspiracy to manipulate benchmark yen interest rates told a London criminal court on Wednesday that 1,000 rate predictions he had sent out over four years had only ever reflected his honest opinion. Colin Goodman, 53, said he spent 20 percent of his time as a middleman to banks trading yen and compiled a daily...

  • BRASILIA, Nov 25- Brazil's central bank will likely keep interest rates on hold for the third straight meeting on Wednesday to avoid worsening a crippling recession even after inflation entered double digits. The bank's monetary policy committee, known as Copom, is widely expected to maintain its benchmark interest rate at 14.25 percent, its highest in nine...

  • BRUSSELS, Nov 25- Europe's central banks are struggling with divergent quandaries over how to revive inflation and sustain economic growth as the U.S. While the Fed is widely expected to pull the trigger on a slow but steady tightening from December in response to solid U.S. growth and employment figures, the European Central Bank is likely to ease monetary...

  • NEW YORK, Nov 25- General Motors Co and its law firm need not turn over privileged documents to drivers hoping to show that the automaker intended to commit a crime or fraud by concealing defective ignition switches in their vehicles, a Manhattan federal judge ruled on Wednesday. District Judge Jesse Furman found no showing that the automaker and King& Spalding...

  • SAO PAULO/ BRASILIA, Nov 25- The chief executive of Brazil's biggest independent investment bank and the leading senator in the governing coalition were arrested on Wednesday on suspicion of obstructing the country's most sweeping corruption investigation ever. The arrest of André Esteves, the billionaire CEO and controlling shareholder of BTG Pactual...

  • Nov 25- United Continental Holdings Inc is offering pilots a 13 percent pay increase in 2016 in a contract that would put them at or near the top of the U.S. airline industry's pay scale, Bloomberg reported, citing two people briefed on the plan. The 2016 increase would be followed by annual increases of 3 percent and 2 percent, Bloomberg said. United's contract with...

  • NEW YORK, Nov 25- Crude futures steadied on Wednesday, recovering from the lows of the day, after a smaller-than-expected supply build in the United States and drop in the number of U.S. rigs actively drilling for oil. WTI futures were down 15 cents at 42.72 a barrel by 1:39 p.m. EST, after plumbing an intraday low at $41.72. Benchmark Brent futures traded 25 cents...

  • Support from such officials in Puerto Rico's towns is crucial for effective governance. PNP gubernatorial candidates, who include Pedro Pierluisi, Puerto Rico's representative in Congress, and Ricky Rossello, the son of a revered ex-governor, have said they support trying to pay back the island's creditors, while Garcia Padilla has called the debt "unpayable"...