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  • DALLAS, Nov 4- Voters appeared to back a ban on hydraulic fracturing in the North Texas town of Denton, which could become the first city in the Lone Star State to outlaw the oil and gas extraction technique behind the U.S. energy boom. Fracking was pioneered in Texas at the Barnett shale formation where Denton is located. The Ohio cities included Athens, Gates Mills,...

  • *Many Chinese firms fare badly- Transparency International. BERLIN, Nov 5- The world's biggest companies disclose little or no financial details about their operations abroad, according to a report by Transparency International which singled out Chinese firms but also U.S. tech giants like Amazon and Google. The Berlin- based anti-corruption watchdog named...

  • *European Commission cuts forecast for euro zone economic growth. SINGAPORE, Nov 5- Brent crude dropped further below $83 a barrel on Wednesday, stretching losses into a fifth session, as weak economic data from top energy consumer China stoked worries about demand in a market that is already battling a deepening global supply glut. U.S. crude slipped 5 cents to...

  • SYDNEY/ TOKYO, Nov 5- The dollar nursed modest losses on Wednesday as investors took some profits on a four-session rally that swept the greenback to multi-year highs, while the euro was helped by report of a rift at the European Central Bank over its easing strategy. The euro bounced to a high of $1.2577 from a two-year low of $1.2439. It last traded at $1.2560.

  • NEW YORK, Nov 4- With Congressional election results so far confirming expectations, a Republican takeover of the U.S. Senate will likely deal investors a result that could have a direct effect on the energy sector and other slices of the equities market. Republican Senate candidates picked up formerly Democratic seats in Montana, Colorado, West Virginia, South...

  • *BOJ ready to act again if price goal threatened-Kuroda. *Latest stimulus was pre-emptive move vs price risks. TOKYO, Nov 5- Bank of Japan Governor Haruhiko Kuroda, who last week stunned global financial markets by expanding a massive monetary stimulus program, said the central bank is determined to do whatever it takes to hit its 2 percent inflation in two years.

  • LONDON, Nov 4- A deal to rescue the UK's Milford Haven oil refinery has collapsed, operator Murphy Oil said late on Tuesday, forcing it to permanently shutter the plant as the latest victim of a deep slump in the European refining industry. Klesch Refining Limited, run by billionaire investor Gary Klesch, had agreed to buy the idled plant in July, but the deal was...

  • TOKYO, Nov 5- Japanese stocks stepped back on Wednesday morning as heavyweight Softbank tumbled after slashing its profit forecast, while the broader market took a breather after outsized gains inspired by a fresh stimulus drive by the Bank of Japan. We're seeing investors taking profits this morning, "said Takashi Hiroki, chief strategist at Monex in Tokyo.

  • BEIJING, Nov 5- Growth in China's services sector weakened further in October as new business cooled, a private survey showed on Wednesday, reinforcing signs of a gradual economic slowdown that could prod the government to unveil fresh stimulus measures. The services purchasing managers' index compiled by HSBC/ Markit pulled back to 52.9 in October- the weakest...

  • NEW YORK, Nov 4- At least three oil companies are still actively bidding for Citgo Petroleum Corp, the U.S. refining arm of Venezuela's PDVSA, even after the country's finance minister said that the auction was no longer going ahead, according to three people familiar with the situation. The investment bank hired by PDVSA to conduct the sale, Lazard Ltd, has not ended...

  • BEIJING, Nov 5- Growth in China's services sector weakened to its lowest in three months in October as new business cooled, a private survey showed on Wednesday, reinforcing signs of a slowdown in the economy that could prompt policymakers to announce more stimulus measures. The services purchasing managers' index compiled by HSBC/ Markit pulled back to 52.9 in...

  • TOKYO, Nov 5- Japanese government bond prices slipped on Wednesday as investors booked gains after a Bank of Japan-inspired rally. Immediate focus was on the 2.4 trillion yen 10- year JGB auction, the first major debt sale the Ministry of Finance is conducting after Friday's BOJ easing. The Government Public Pension Fund, the largest public pension fund in the...

  • SYDNEY, Nov 5- London copper steadied on Wednesday not far from its lowest in a fortnight, after a steep sell-off in oil in the prior session spilled across into metals and sent Shanghai zinc down more than two percent. *Three-month copper on the London Metal Exchange traded flat at $6,652.25 a tonne by 0119 GMT from the previous session when it fell one percent and...

  • SINGAPORE, Nov 5- Gold clung to small overnight gains on Wednesday, but struggled to push away from a four-year low due to the strong dollar and outflows from the top gold exchange-traded fund. *Spot gold was firm at $1,167.39 an ounce by 0042 GMT, after snapping a four-day decline on Tuesday with a 0.3- percent rise. *SPDR Gold Trust, the world's largest gold-backed...

  • NEW YORK, Nov 4- With voters at the polls throughout the United States, investors expect a Republican takeover of the U.S. Senate, a result that could have a positive effect on parts of the market, particularly the energy sector. With Republicans in control of both houses of Congress and a Democrat in the White House, more of the gridlock that has characterized most of...

  • SHANGHAI, Nov 5- China aims to loosen restrictions on foreign investment in certain sectors to improve the efficiency of its domestic companies and bring in new technologies, the country's top regulator said late on Tuesday. New draft rules, a revision of an existing list, cut the number of sectors where China limits foreign investment to 35 from the current 79,...

  • China eyes easing rules on foreign investment Tuesday, 4 Nov 2014 | 7:20 PM ET

    SHANGHAI, Nov 5- China is working to loosen restrictions on foreign investment in certain sectors to improve the efficiency of its domestic companies and bring in new technologies, the country's top regulator said late on Tuesday. It would issue new draft rules, a revision of an existing list, which would cut the number of sectors where China limits foreign...

  • NYMEX-U.S. crude rises on news of inventory fall Tuesday, 4 Nov 2014 | 7:07 PM ET

    SEOUL, Nov 5- U.S. crude futures edged up to over $77.35 a barrel on Wednesday in early Asian trades in the wake of news that U.S. crude stocks unexpectedly fell last week as refineries boosted output, but global supply glut woes capped the prices at multi-year lows. *U.S. crude futures gained 18 cents at $77.37 a barrel as of 0000 GMT. On the previous session, it settled...

  • DIARY - Top economic Events to Nov 18 Tuesday, 4 Nov 2014 | 7:01 PM ET

    WASHINGTON- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks at the "Committing to Financial Stability" before the "Financial Stability after Dodd Frank: Have We Ended Too Big to Fail?" VIRGINIA, United States- Federal Reserve Bank of Minneapolis President Narayana Kocherlakota speaks on "Clarifying the Objectives of Monetary Policy" before...

  • Nov 4- Twenty-First Century Fox Inc Chief Operating Officer Chase Carey said the company is being "disciplined" about its options when considering streaming video offerings that bypass cable and satellite subscriptions. Consumers have drastically changed the way they watch television, opting for on-demand content offered by Netflix Inc or Amazon.com Inc...