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  • UPDATE 2-'Birdman' lands seven Golden Globe nominations Thursday, 11 Dec 2014 | 10:12 AM ET

    BEVERLY HILLS, Calif., Dec 11- The surreal show business satire "Birdman," a darling of critics for its innovative storytelling, led the Golden Globe Awards film nominations on Thursday, with its seven nods making it a frontrunner early in the Hollywood awards season. The story of a washed-up actor played by Michael Keaton attempting a comeback on the Broadway stage, "...

  • *Coming up: U.S. Weekly jobless claims, retail sales. LONDON, Dec 11- Gold fell nearly one percent on Thursday, retreating further from the previous session's seven-week high as the dollar extended gains after U.S. data pointed to a strengthening economy. Gold was still on track for a 2.6 percent weekly gain so far, the biggest since mid-October, as it benefited from a...

  • FOREX-U.S. dollar rebounds after three-day losing streak Thursday, 11 Dec 2014 | 10:06 AM ET

    NEW YORK, Dec 11- The dollar recovered after three days of losses on Thursday, further boosted by strong U.S. retail sales numbers and declining jobless claims, suggesting the world's largest economy remained on track for an interest rate hike next year. "The numbers just confirm what we expect all along: that the U.S. economy will continue to outperform the rest of...

  • U.S. business inventories rise, sales slip Thursday, 11 Dec 2014 | 10:00 AM ET

    WASHINGTON, Dec 11- U.S. retail inventories excluding automobiles picked up in October, which could affect fourth-quarter growth estimates. The Commerce Department said on Thursday retail inventories excluding autos, which go into the calculation of gross domestic product, increased 0.3 percent in October. They had gained 0.2 percent in September.

  • BRASILIA/ SAO PAULO, Dec 11- The Brazilian government is working on a plan to help embattled state-controlled oil producer Petrobras borrow money through an offering of asset-backed securities before year end, Mines and Energy Minister Edison Lobão said on Thursday. The plan, under which the National Treasury and state-run power holding company Eletrobras...

  • Dec 11- Pfizer Inc's antipsychotic Geodon and generic versions of the drug can trigger a potentially fatal skin reaction, the U.S. Food and Drug Administration warned on Thursday. A new warning has been added to the drug's label to describe the condition- known as Drug Reaction with Eosinophilia and Systemic Symptoms- which may start as a rash and spread all over.

  • US STOCKS-Wall St bounces on retail sales boost Thursday, 11 Dec 2014 | 9:56 AM ET

    *Starboard Value takes stakes in Office Depot, Staples. NEW YORK, Dec 11- U.S. stocks rose on Thursday, bouncing sharply from a three-day drop as data pointed to a strengthening economy that appeared likely to weather the impact of a steep drop in oil prices. said Sean McCarthy, regional CIO for Wells Fargo Private Bank in Scottsdale, Arziona.

  • UPDATE 6-Oil slips towards $64, oversupply weighs Thursday, 11 Dec 2014 | 9:56 AM ET

    *Commerzbank cuts 2015 Brent forecast to $73. Crude prices sank on Wednesday as OPEC forecast an increasing supply surplus in 2015, U.S. crude inventories unexpectedly rose and OPEC's most influential voice, Saudi Arabia's oil minister, shrugged off the need for an output cut. "We may see some technical bounces, but it is too soon to speak of a sustainable price...

  • WASHINGTON, Dec 11- Fannie Mae and Freddie Mac's regulator on Thursday directed the two government-controlled mortgage firms to begin setting aside money for an affordable-housing fund established in 2008, saying they were now financially fit enough to do so. The "allocation would not contribute to the financial instability" of the mortgage firms, Federal...

  • CRUDE OIL FUTURES PARE LOSSES AFTER EARLY PRESSURE, BRENT CRUDE POSITIVE.

  • Dec 11- Yum Brands Inc said on Thursday its sales at established restaurants in China dropped 15 percent in November but are improving from that level this month. "Our No. 1 priority is the China turnaround," Chief Executive Officer David Novak said at the company's investor and analyst conference in New York City. Yum, the owner of the KFC and Pizza Hut chains, is the...

  • *Mars, Coca-Cola, Nike, Adidas offer personalised products. BERLIN, Dec 11- Looking for a unique Christmas gift to wow friends or family? But big consumer brands, including major names like Coca-Cola, and Nike have latched on to personalised products because they seem to have a particular appeal to consumers known as "Millennials" in marketing speak.

  • *Mars, Coca-Cola, Nike, Adidas offer personalized products. BERLIN, Dec 11- Looking for a unique Christmas gift to wow friends or family? But big consumer brands, including major names like Coca-Cola, and Nike have latched on to personalized products because they seem to have a particular appeal to consumers known as "Millennials" in marketing speak.

  • LONDON, Dec 11- International lenders will help Ukraine ride out its economic turmoil provided that the government pushes through reforms and tackles corruption, a senior official of the European Bank for Reconstruction and Development said on Thursday. He was speaking in an interview before Ukrainian Prime Minister Arseny Yatseniuk warned on Thursday...

  • NEW DELHI, Dec 11- Uber, the popular U.S. cab-hailing company banned in New Delhi, said it will carry out a review of its India operations and beef up driver screening as it seeks to reach an agreement with the government to restart services. The case has caused an uproar in India after it emerged that the suspect had been previously charged with sexual offences...

  • UPDATE 1-Cargill says to go it alone on Nutreco deal Thursday, 11 Dec 2014 | 9:32 AM ET

    AMSTERDAM, Dec 11- U.S. commodities company Cargill said on Thursday it would bid alone for Dutch animal feed company Nutreco and pledged not to break up the business to try to capture the initiative from rival bidder SHV. Shares in global fish and animal feed supplier Nutreco rose more than 4 percent as investors warmed to the prospect of a bidding war.

  • SAO PAULO, Dec 11- Brazilian retailers are expecting their worst Christmas season in a decade and signs are pointing to an unhappy New Year ahead. But most consumer companies, such as cosmetics maker Natura SA and apparel chain Cia Hering, are likely to continue to struggle with weak demand. Brazil's National Confederation of Commerce estimated Christmas sales...

  • WASHINGTON, Dec 11- U.S. consumer spending advanced at a brisk clip in November as lower gasoline prices gave the holiday shopping season a boost, offering the latest sign of underlying momentum in the economy. The Commerce Department said on Thursday retail sales excluding automobiles, gasoline, building materials and food services, increased 0.6 percent...

  • *UAE, Qatar, Oman tumble in panic sell-off. *Dubai posts biggest daily loss in six years. DUBAI, Dec 11- Gulf stock markets fell sharply on Thursday as panic selling spread across the region after oil dropped to a fresh five-year low; Dubai's main index sank 7.4 percent, its biggest daily loss in six years.

  • NEW YORK, Dec 11- Intermediate-dated U.S. The Commerce Department said retail sales, excluding automobiles, gasoline, building materials and food services, increased 0.6 percent last month after an unrevised 0.5 percent rise in October. "It's the last piece of reliable data in front of the Fed," said Jim Vogel, an interest rate strategist at FTN Financial in Memphis,...