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  • Nov 24- Activist investor Sandell Asset Management Corp said its nominees were not elected to Ethan Allen Interiors Inc's board, dealing a blow to the hedge fund's intense, four-month effort to drive changes at the storied home furniture company. Tuesday's early results hand a victory to Ethan Allen's long time CEO, Farooq Kathwari, who has led the company in...

  • LONDON, Nov 24- Zinc, copper and nickel rebounded on Tuesday as bearish investors bought back positions to lock in profits while a weaker dollar and firmer oil also supported the hard-hit market. Investors, many from China, which had unleashed waves of selling in recent weeks, took a breather and bought back some of their short positions, analyst David Wilson at...

  • TUNIS, Nov 24- At least 11 people were killed on Tuesday after an explosion hit a bus carrying Tunisian presidential guards along a major street in the centre of the capital Tunis. Security and presidential sources said the explosion was an attack, adding it was not immediately clear whether it was a bomb or an explosive fired at the bus as it travelled along...

  • *Businesses accumulate $90.2 billion worth of inventories. The Commerce Department on Tuesday said the nation's gross domestic product grew at a 2.1 percent annual pace, not the 1.5 percent rate it reported last month, as businesses reduced an inventory bloat less aggressively than previously believed. With growth like this, the Fed has the data it needs to...

  • SAO PAULO, Nov 24- The arrest of a powerful rancher and friend of former president Luíz Inácio Lula da Silva on Tuesday brought Brazil's largest-ever corruption investigation to the country's farm sector, one of the few bright spots in its stalling economy. The arrest warrant issued by Judge Sergio Moro cited evidence that Bumlai had used his connections to...

  • Nov 24- The U.S. Food and Drug Administration on Tuesday approved Eli Lilly& Co's cancer treatment, Portrazza, in combination with two forms of chemotherapy to treat patients with advanced squamous non-small cell lung cancer.

  • *New CEO East says won't sell big chunks of the business. LONDON, Nov 24- Rolls-Royce's new chief executive aims to strip out costs and complexity, rather than selling off chunks of the business, as he seeks to return the British aero-engine company to growth. After four profit warnings in just over a year, and with an activist shareholder pushing for change, Warren...

  • MEXICO CITY, Nov 24- Mexico's state oil company Pemex will process the lowest amount of crude this year in at least a quarter century, internal refining plan documents seen continue to batter margins. The decline is a double blow, as it means the national oil giant will likely struggle to compete in the upcoming liberalization of Mexico's retail oil sector and the...

  • Nov 24- Canada's Bombardier meets with investors on Tuesday with certification for its CSeries passenger jet "very close," according to sources familiar with the matter, but with no new orders imminent. Coming hard on the heels of agreements for cash infusions from the Quebec government, certification would bring a further boost to Bombardier and its attempt to...

  • MOSCOW, Nov 24- Turkey shot down a Russian warplane near the Syrian border on Tuesday saying it had repeatedly violated its air space, one of the most serious publicly acknowledged clashes between a NATO member country and Russia for half a century. Below is the list of key areas of economic and trade relations between Russia and Turkey:. -Turkey's seaside resorts...

  • NEW YORK, Nov 24- Alcoa Inc will receive almost $70 million in aid over 3-1/ 2 years from New York state to keep the Massena West, New York, aluminum smelter open, under a deal announced on Tuesday. The deal will save around 600 jobs, and New York state may penalize Alcoa if the number of employees at the plant falls below that before March 2019, Cuomo said.

  • Renault contests the DUH body's findings. BERLIN/ LONDON, Nov 24- Renault's flagship Espace minivan released toxic diesel emissions 25 times legal limits in a Swiss study, despite complying with EU tests carried out at unrealistically low engine temperatures, a German environmental group said on Tuesday. The DUH, which had earlier singled out General Motors'...

  • CAPE CANAVERAL, Fla., Nov 24- Amazon founder Jeff Bezos said on Tuesday his space transportation company, Blue Origin, plans about two more years of test flights before it will offer rides to passengers. "This flight retired a lot of risk and validated of lot of the elements of the design," Bezos, who founded Amazon.com Inc and owns the Washington Post newspaper.

  • NEW YORK, Nov 24- World stock markets fell while government debt prices rose on Tuesday as investors sought safety in low-risk assets after Turkish jets shot down a Russian warplane near the Syrian border. United Continental, American Airlines and Delta Air Lines all were lower in early U.S. trading. "This has really gotten investors' attention," said Jack Ablin,...

  • *Travel, leisure stocks fall after Turkey downs Russian jet. *Consumer sentiment weakest since September 2014. "This has really gotten investors' attention," said Jack Ablin, chief investment officer at BMO Private Bank in Chicago.

  • NEW YORK, Nov 24- Oil prices hit two-week highs on Tuesday, rising more than 2 percent, after a spike in Middle East tensions from Turkey's downing of a Russian fighter jet and a rally in U.S. gasoline stopped crude futures testing low $40 levels. Russian President Vladimir Putin called Turkey's shooting of its jet a "stab in the back" that could have "serious...

  • Nov 24- Activist investor Sandell Asset Management Corp said its nominees were not elected to Ethan Allen Interiors Inc's board, citing preliminary voting results at the company's 2015 annual meeting.

  • PARIS, Nov 24- Airbus said on Tuesday it had won certification for the A320neo, paving the way for first delivery of a revamped, best-selling jet that has shored up its joint domination of the global jet market with Boeing and galvanized its share price. Qatar Airways is expected to take first delivery next month of the first of more than 4,300 revamped jets to be...

  • Nov 24- Dollar Tree Inc reported better-than-expected net sales for the third quarter, its first since acquiring Family Dollar and becoming the largest discount retailer in the United States. Higher rents, taxes and healthcare costs are pushing low-income Americans to rein in spending, helping discount retailers to win more business, Dollar Tree Chief...

  • NEW YORK, Nov 24- U.S. regulators on Tuesday proposed new rules to limit disruptions in the futures market from high-speed electronic trading by imposing risk controls and safeguards around the use of trading algorithms. The Commodity Futures Trading Commission voted unanimously in favor of proposing the rules, which would affect trading firms, clearing...