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  • DETROIT, Dec 9- Hyundai Motor Co is recalling 42,925 sedans in the United States due to potentially faulty brake lights, according to documents filed with U.S. safety regulators. Hyundai is recalling certain 2009-2011 Genesis and 2011 Equus sedans because a circuit failure may lead to the brake lights not illuminating, according to documents filed with the...

  • US 30- YEAR TREASURY BOND YIELDS ROP TO 2.867 PERCENT, LOWEST SINCE OCT 16.

  • Dec 9- Texas- based electronics and home appliance retailer Conn's Inc reported a third-quarter loss and withdrew its 2015 profit forecast, sending its shares down as much as 40 percent in premarket trading. Shares of the company, which also said CFO Brian Taylor had resigned, were set to open at a more than two year-low on Tuesday. The company reported a net loss of...

  • Dec 9- AutoZone Inc, the second-largest U.S. auto parts retailer, reported a higher-than-expected quarterly profit, helped by lower gas prices and colder-than-usual weather that encouraged customers to ready their cars for a harsh winter. AutoZone's shares rose 3.3 percent in premarket trading. AutoZone said on Tuesday sales were also helped by low gas...

  • MOSCOW, Dec 9- Russian businessman Gennady Timchenko said on Tuesday he was not interested in buying mid-sized oil company Bashneft and would not be interested in doing so in the future. A Moscow court handed shares in Bashneft to the state earlier this year after ruling its privatization had been unlawful. Timchenko, an ally of Russian President Vladimir Putin,...

  • *Says 2014-15 trading profit will not exceed 1.4 bln stg. LONDON, Dec 9- Tesco cut profit expectations for the fourth time in five months on Tuesday as the cost of rebuilding after an accounting scandal and a dramatic loss of market share increased pressure on the British grocer and its new boss. Chief Executive Dave Lewis, who joined to rescue Britain's largest...

  • Dec 9- Sumitomo Mitsui Financial Group Inc will announce as soon as next week that it will buy Citigroup Inc's Japanese consumer banking business, Bloomberg reported, citing people with knowledge of the matter. SMFG, Japan's second biggest bank by market value, will buy the business for about 40 billion yen, Bloomberg said. Other Japanese companies are...

  • KIEV, Dec 9- Ukraine will conduct audits of state companies with a view to selling stakes on international markets, Prime Minister Arseny Yatseniuk said on Tuesday, as part of the new government's drive to reform corrupt and inefficient state institutions. Around 1,500 state firms cannot be privatised by law at present, but the Kiev government will recommend...

  • MOSCOW, Dec 9- Russia's central bank will raise its key lending rate by one percentage point later this week to try and halt the rouble's slide, most contributors to a Reuters poll of 17 analysts predicted on Tuesday. "We think that the central bank will increase rates by a percentage point, maybe by one and a half, in order to try to stabilise the situation on the forex...

  • Dec 9- With better and better evidence emerging that the Federal Reserve ought to raise interest rates soon, its much debated, always denied role as guarantor of asset prices will be put to the test. If this test goes like all of the others, then if markets fall hard, the Fed will step in. William Dudley, President of the New York Fed, became the latest last week to deny that...

  • RUSSIAN CENTRAL BANK SEEN RAISING KEY LENDING RATE BY ONE POINT TO 10.5 PCT- REUTERS POLL.

  • NEW YORK, Dec 9- U.S. stock index futures declined on Tuesday, putting the S&P 500 on track to extend losses after suffering its biggest drop since Oct. 22 in the prior session on concerns about global growth. *U.S.-listed shares of Seadrill gained 4.5 percent to $12.09 before the opening bell. John Fredriksen, the biggest owner of the offshore driller, purchased...

  • *Unregistered internet taxi firms to halt operations in India. *Uber, other internet taxi firms banned in New Delhi. NEW DELHI, Dec 9- India ordered state governments to halt the operations of all unregistered, web-based taxi companies on Tuesday after a female passenger reported she was raped in New Delhi by a driver contracted to U.S. cab company Uber.

  • ATHENS, Dec 9- Prime Minister Antonis Samaras named his candidate on Tuesday for the Greek presidency under a gamble that, if it fails, would force snap parliamentary elections when anti-bailout leftists would probably come out on top. Financial markets took the uncertainty badly, with Greek stocks and bonds tumbling on the plan to start voting for the...

  • LONDON, Dec 9- Financial watchdogs are having to revise plans to regulate the world's biggest investment funds because original proposals would have made it more difficult for asset managers to invest in infrastructure projects that are key to reviving growth. David Wright, secretary general of the International Organization of Securities Commissions, an...

  • WASHINGTON, Dec 9- U.S. small business optimism surged in November to its highest level in nearly eight years, the latest indication the economy is positioned for faster growth in 2015.. The National Federation of Independent Business said on Tuesday its Small Business Optimism Index increased 2.0 points to 98.1 last month, the highest reading since February...

  • *Deutsche Bank retains its rankings in league tables. FRANKFURT, Dec 9- Deutsche Bank's determination to be the last European in the upper echelons of global investment banking is an expensive waiting game for investors. Germany's flagship lender is holding its ground against U.S. leaders such as JP Morgan and Goldman Sachs in revenues, but its returns are...

  • Dec 9- AutoZone Inc, the second largest U.S. auto parts retailer, reported a higher-than-expected quarterly profit, helped by lower gas prices and colder-than-usual weather that encouraged customers to ready their cars for a harsh winter. Net income rose to $238.3 million, or $7.27 per share, in the first quarter ended Nov. 22 from $218.1 million, or $6.29 per share,...

  • TOKYO, Dec 9- Japan's Mazda Motor Corp will soon expand a recall of vehicles in the United States involving potentially defective air bags from Takata Corp, it said on Tuesday. Defective Takata air bag inflators, which can explode and shoot shrapnel into the car, have been linked to four deaths in the United States and one in Malaysia. Honda Motor, Takata's biggest...

  • *Euro climbs, but developments in Greece eyed. LONDON, Dec 9- The yen rose on Tuesday as investors trimmed huge bets against it after cautious comments from U.S. Dennis Lockhart, head of the Atlanta Federal Reserve, said late on Monday that he was in no rush to drop the Fed's pledge to keep interest rates near zero for a "considerable time", while San Francisco Fed chief...