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  • Dec 5- The Federal Reserve's first round of interest-rate increases in a decade could start as soon as July, traders were betting on Friday, after a jump in jobs growth last month boosted confidence in the staying power of the U.S. recovery. "This supports the view that the Federal Reserve will start hiking rates in the middle of next year," said Mohamed El-Erian, chief...

  • *Energy squeeze since June after Russia gas cut off. Without Russian natural gas imports since June and hit by separatist violence that has disrupted its own coal mining, Ukraine has been forced to introduce mass electricity cuts. To help keep coal-fired power plants operating it turned to South Africa for one million tonnes of coal and received three...

  • JPMorgan's Dimon says "no evidence of cancer" Friday, 5 Dec 2014 | 10:27 AM ET

    Dec 5- JPMorgan Chase& Co Chief Executive Jamie Dimon said medical tests showed "no evidence of cancer in my body," according to an internal memo seen by Reuters.

  • Dec 5- Dec 5- JPMorgan Chase& Co:. *JPM's Dimon- "having concluded my full treatment regimen a few months ago, I wanted to give you an update on my health"- internal memo. *JPM's Dimon says "I had the thorough round of tests and scans that are normally done three months following treatment" for cancer- internal memo.

  • *Saudi Arabia slashes January oil prices for Asia, U.S. LONDON, Dec 5- Brent crude slipped below $69 a barrel on Friday, on track to finish the week below $70 a barrel for the first time since 2010, as cuts to official selling prices from Saudi Arabia added to recent pressure. "It's been weighing on the market, showing that OPEC is not ready to end its price war," said...

  • *Saudi Arabia slashes January oil prices for Asia, U.S. LONDON, Dec 5- Brent crude slipped below $68 a barrel on Friday, on track to finish the week below $70 a barrel for the first time since 2010, as cuts to official selling prices from Saudi Arabia added to recent pressure. "It's been weighing on the market, showing that OPEC is not ready to end its price war," said...

  • *BRENT CRUDE FUTURES FALL $1 TO $68.64/BBL Friday, 5 Dec 2014 | 10:09 AM ET
  • NEW YORK, Dec 5- The U.S. dollar surged to fresh multiyear highs on Friday after a stronger-than-expected November U.S. jobs report increased expectations the Federal Reserve would begin raising interest rates sooner than currently expected. Earlier this week U.S. central bank officials such as New York Fed President William Dudley and Fed Vice Chairman...

  • LONDON, Dec 5- Rouble depreciation, Western sanctions and collapsing commodity prices have sent Russian companies' hard currency bonds tumbling to multi-year lows and there is very likely more stress ahead. With around $650 billion in external debt, more than $100 billion due for repayments in the coming year and global capital markets effectively shut to...

  • NEW YORK, Dec 5- U.S. stocks rose at the open on Friday after November payrolls came in much stronger than anticipated as financials rose on heightened expectations a rate hike from the Federal Reserve may come sooner than previously thought.

  • Apparel retailer Delia*s to file for bankruptcy Friday, 5 Dec 2014 | 9:35 AM ET

    Dec 5- Teen apparel and accessories retailer Delia* s Inc said it was liquidating assets and would file for Chapter 11 bankruptcy protection "in the very near term," wiping out more than 85 percent of its market value. New York- based Delia* s, which launched a review of strategic alternatives in September, said it was unable to sell itself or secure financing to allow it...

  • *Gold falls as much as 1.6 pct before paring losses. LONDON, Dec 5- Gold fell more than 1 percent on Friday after U.S. Spot gold was down 0.7 percent at $1,196.86 an ounce at 1426 GMT, while U.S. gold futures for December delivery were down $9.90 an ounce at $1,197.80.

  • NEW YORK, Dec 5- U.S. "This supports the view that the Federal Reserve will start hiking rates in the middle of next year," said Mohamed El-Erian, chief economic advisor at Allianz in Newport Beach, California. Treasuries, and traders shifted bets on Federal Reserve's first round of interest-rate increases to July 2015, compared with September 2015 before the report.

  • WASHINGTON, Dec 5- U.S. employers added the largest number of workers in nearly three years in November and wages increased, a sign of strength in the economy that could draw the Federal Reserve closer to raising interest rates. Nonfarm payrolls surged by 321,000 last month, the most since January 2012, the Labor Department said on Friday. "I think it will put...

  • *Weidmann says can't simply apply US formula to Europe. FRANKFURT/ VIENNA, Dec 5- European Central Bank policymaker Ewald Nowotny on Friday backed ECB President Mario Draghi on steps to revive the euro zone economy with new stimulus, while Germany firmly maintained its opposition to buying sovereign bonds. "The position of the Austrian National Bank is in line...

  • NEW YORK, Dec 5- U.S. stock index futures were mixed in volatile trading on Friday after November payrolls came in much stronger than anticipated, raising expectations a rate hike from the Federal Reserve may come sooner than previously thought. The U.S. dollar strengthened across the board and short-term interest-rate futures traders were pricing in the...

  • *Oil services shares drop as Brent at $69/ barrel. PARIS, Dec 5- European stocks extended their broad rally on Friday afternoon after data showed U.S. employers added the largest number of workers in nearly three years in November. It really fuels the bullish sentiment on the market, " Saxo Bank trader Pierre Martin said.

  • LONDON, Dec 5- A surge in U.S. hiring in November lifted the dollar to a five-and-a-half year high against a basket of currencies on Friday, and stocks bounced as investors priced in a U.S. interest rate hike by mid-2015. Non-farm payrolls surged by 321,000 last month, the most since January of 2012, the Labor Department said on Friday. The dollar rose against a basket...

  • National Bank joins Royal Bank of Canada as the only major Canadian banks to have met or exceeded market expectations for fourth-quarter profit. National Bank's net profit rose to C $330 million, or 91 Canadian cents per share, in the quarter ended Oct. 31 from C $320 million, or 90 Canadian cents, a year earlier. National Bank's net interest income, the difference...