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  • Iran's London oil conference still set for Feb-Shana Tuesday, 25 Nov 2014 | 8:06 AM ET

    DUBAI, Nov 25- Iran will not delay a much-anticipated conference to offer multinationals the rights to develop oil deposits, an oil official was reported as saying, after nuclear talks in Vienna failed to yield significant relief from Western sanctions. "The conference will go as planned on February 23-25 2015, in the Marriott Hotel in London," oil ministry news...

  • YOUR MONEY-Behind Black Friday's giant, cheap TV deals Tuesday, 25 Nov 2014 | 8:00 AM ET

    NEW YORK, Nov 25- You might need two carts to walk away with what may be this year's biggest Black Friday bargain: a 65 "Vizio television at Walmart for $648. Unit sales are already up this year so far, says Stephen Baker, vice president for industry analysis at NPD Group, which tracks TV sales. Best Buy is featuring a 50 " Panasonic for $199.99.

  • MOSCOW, Nov 25- A senior Russian central bank official said on Tuesday that Western sanctions limiting Russian banks and companies' access to international capital markets were creating "imbalances" on the currency market that were difficult to resolve. Igor Dmitriev, head of the bank's monetary policy department, also told the lower house of parliament that...

  • LONDON, Nov 25- Moody's expects sovereign credit ratings to stabilise next year as world growth slowly picks up, although uncertainty about U.S. interest rate rises tops a list of four global risks. Moody's said its global sovereign credit outlook was "broadly stable" for the first time in several years during which debt problems blighting Europe and a commodity...

  • VIENNA, Nov 25- Venezuela will meet with OPEC heavyweight Saudi Arabia and major non- OPEC oil producers Russia and Mexico to discuss "coordination" in the oil market, Venezuelan Foreign Minister Rafael Ramirez said on Tuesday. "We are going to discuss the market situation and some coordination," Ramirez told reporters in Vienna ahead of OPEC's crucial production...

  • European shares hit nine-week high, led by banks Tuesday, 25 Nov 2014 | 7:46 AM ET

    PARIS, Nov 25- European stocks rose on Tuesday, with a key benchmark index hitting a nine-week high as euro zone banking shares gained on mounting expectation of more stimulus from the European Central Bank. Shares in Deutsche Bank, Banco Santander and BNP Paribas were up 1.7-2.8 percent. The benchmark index has risen nearly 15 percent from a low hit in...

  • India U.S. hold first trade dialog in four years Tuesday, 25 Nov 2014 | 7:44 AM ET

    NEW DELHI, Nov 25- The United States and India held their first round of formal trade talks in four years on Tuesday, seeking to capitalize on the resolution of a global trade dispute to repair a dialog that had fallen into neglect. Trade Representative Michael Froman said he was cautiously optimistic after the talks, but played down hopes of major "deliverables" at...

  • *Deal gives Steinhoff exposure to African clothing market. JOHANNESBURG, Nov 25- South Africa's Steinhoff International will buy clothing retailer Pepkor in a $5.7 billion deal that gives the budget furniture firm exposure to Africa's fast-growing apparel market and strengthens its business in eastern Europe. The 62.8 billion rand cash and share deal will...

  • Campbell Soup profit jumps 36 pct Tuesday, 25 Nov 2014 | 7:25 AM ET

    Nov 25- Campbell Soup Co's first-quarter profit jumped 36 percent, helped by strong sales of its soups and snacks. Net income attributable to the company rose to $234 million, or 74 cents a share, in the quarter ended Nov. 2, from $172 million, or 54 cents per share, a year earlier. Net sales rose 4.2 percent to $2.26 billion.

  • Tiffany sales miss estimates on weak demand in Japan Tuesday, 25 Nov 2014 | 7:22 AM ET

    Nov 25- Upscale jeweler Tiffany& Co reported lower-than-expected quarterly sales due to weak demand in Japan. The company said net income fell 60 percent to $38.3 million, or 29 cents per share, in the third quarter ended Oct. 31 from $94.6 million, or 73 cents per share, a year earlier. The company recorded an after-tax charge of $61 million, or 47 cents per share, due to...

  • Russia's MTS Q3 net profit down 11 pct y/y Tuesday, 25 Nov 2014 | 7:00 AM ET

    MOSCOW, Nov 25- Russia's top mobile phone operator MTS posted a 11.2 percent year-on-year fall in third quarter net profit on Tuesday to 16 billion roubles. MTS, owned by the Sistema oil-to-telecoms conglomerate controlled by businessman Vladimir Yevtushenkov, was expected to report third-quarter net profit of 15.4 billion roubles. The company said in a...

  • US STOCKS-Futures tick up with indexes at records Tuesday, 25 Nov 2014 | 6:53 AM ET

    *S&P has risen in 12 of past 14 sessions. NEW YORK, Nov 25- U.S. stock index futures were slightly higher on Tuesday as the market's long-running upward bias looked to continue, though further gains may be difficult to come by in a week that's expected to be quiet. *Market moves this week could be amplified by low volume, which is expected with some market participants...

  • MOSCOW, Nov 25- The Russian Finance Ministry said on Tuesday it would auction a total of 10 billion roubles in two OFZ treasury bonds auctions on Wednesday.

  • MOSCOW, Nov 25- Russia's central bank said on Tuesday a deficit of foreign liquidity on the domestic market could last for some time after foreign markets were closed to many Russian banks and companies by Western sanctions over Ukraine. "The situation with the closure of external markets created imbalances on the foreign exchange market which cannot be...

  • RUSSIAN FINANCE MINISTRY TO OFFER TOTAL OF 10 BLN RBLS IN TREASURY BONDS AT AUCTION ON WEDNESDAY.

  • *German Q3 GDP up 0.1 percent, in line with flash estimate. *Private consumption posts biggest rise in three years. BERLIN, Nov 25- A sharp rise in private consumption more than compensated for stubborn weakness in investment to help the German economy post modest growth in the third quarter and avoid a technical recession, data showed on Tuesday.

  • RUSSIAN CBANK OFFICIAL SAYS SITUATION WITH ROUBLE LIQUIDITY IS MANAGEABLE.

  • *Q3 UK/ Ireland lfl sales up 2.6 pct, France down 4.0 pct. LONDON, Nov 25- Kingfisher, Europe's biggest home improvement retailer, cautioned investors on Tuesday against expecting a quick recovery in France, the market that contributes more than half its profits. In its 2014 budget, the French government hit consumers with higher income and sales taxes to try and...

  • LAGOS, Nov 25- Nigeria's central bank sold dollars outside its preferred currency band at its forex auction on Monday, signalling it could shift the band to weaken the naira after its policy meeting on Tuesday, dealers said. The central bank usually sells dollars at its twice weekly forex auctions at 150- 160 naira, a band it adopted in November 2011 after a decline...

  • Yingli Green loss narrows due to lower costs Tuesday, 25 Nov 2014 | 5:53 AM ET

    Nov 25- Yingli Green Energy Holding Co Ltd reported a smaller loss for the sixth straight quarter due to lower costs. The net loss attributable to Yingli narrowed to $20 million, or 11 cents per American depositary share, in the third quarter ended Sept. 30 from $38.5 million, or 25 cents per ADS, a year earlier. The Baoding, China- based company's revenue fell 7.5...