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  • "There are concerns about global growth, but the fundamentals for the U.S. economy are very solid and what's going on overseas should only be a minor drag," said Gus Faucher, a senior economist at PNC Financial Services in Pittsburgh. The National Federation of Independent Business said its Small Business Optimism Index increased 2.3 points to 100.4 last month,...

  • *Prospect of ECB actions lifts shares in Europe, U.S. NEW YORK, Jan 13- Stock markets around the world rallied on Tuesday, rebounding from recent weakness on investor hopes for new economic stimulus measures from the European Central Bank and on strong early readings on the U.S. earnings season. "It's no secret that Europe is slowing down and that more stimulus is...

  • The company is working with banks including Morgan Stanley, JPMorgan and Credit Suisse on the offering, which could come later this year, those people said this week. Representatives for Apigee, JPMorgan, Morgan Stanley and Credit Suisse declined to comment. Some of the customers it lists on its website include Walgreens, eBay Inc, Shell, Live Nation...

  • "The stock market rallied and that helped U.S. crude and the $44 a barrel level had been a target number for traders and U.S. crude held above that early on Tuesday," said Phil Flynn, analyst at Price Futures Group in Chicago. U.S. crude had fallen to an April 2009 low of $44.20 earlier in the session before pulling back to trade down about 40 cents at $45.67 a barrel by...

  • JERUSALEM, Jan 13- Israel's budget deficit ran at 2.8 percent of gross domestc product last year, the Finance Ministry said on Tuesday, in line with initial projections despite the cost of the Gaza war. Israel's spending priorities changed as a result of the 50- day summer war with Palestinian militants in Gaza. Israel's cabinet had approved a deficit target of...

  • OIL TRADERS BOOK 12 OIL TANKERS TO STORE CRUDE AT SEA- SHIPPING SOURCES.

  • LONDON, Jan 13- Oil traders have booked at least 12 tankers to store 25 million barrels of crude at sea in a further sign of a build-up in global stocks, according to shipping sources and fixture data. At least 11 very large crude carriers have been reported as booked with storage options, shipping sources and fixture lists show, rising from around five vessels at the...

  • AT LEAST 25 MILLION BARRELS OF OIL ESTIMATED TO HAVE BEEN BOOKED FOR FLOATING STORAGE- SHIPPING SOURCES.

  • CRUDE DOWN 1.2 PCT AT 1618 GMT, AFTER TURNING POSITIVE EARLIER.

  • *Airbus says won 1,456 net orders in 2014 vs 1,432 for Boeing. *Airbus CEO says may have to cut A330 production further. TOULOUSE, France, Jan 13- Airbus edged closer towards raising production of its best-selling model on Tuesday, declaring the supply chain stable and hinting at a decision to produce more of its A320 cash cow in coming months.

  • Jan 13- Moody's Investors Service cut its rating on Venezuela by two notches to the agency's third lowest on Tuesday, citing a high risk of the country defaulting on its debt due to lower oil prices. The rating agency also forecast that Venezuela's estimated current account surplus of more than 2 percent of gross domestic product in 2014 would likely shift to a...

  • METALS-Copper drops to new five-year low below $6,000/T Tuesday, 13 Jan 2015 | 11:05 AM ET

    *China copper imports at 420,000 T, flat from November. LONDON, Jan 13- Copper fell further below $6,000 on Tuesday to its weakest level in more than five years as oil price declines spurred selling by hedge funds in China, despite signs of physical demand for metal there. On the one hand we have down-drag from macro forces and also oil prices, on the other hand, the...

  • FOREX-Dollar bolstered by U.S. rate, economic outlook Tuesday, 13 Jan 2015 | 10:59 AM ET

    *Dollar recovers from lows vs yen. NEW YORK, Jan 13- The dollar gained on Tuesday, still benefiting from more upbeat U.S. economic prospects compared with the rest of the world that should keep the Federal Reserve on track to raise interest rates this year. "In any case, the dollar remains a better investment than most other major currencies, at least for now," said Omer...

  • CRUDE AND BRENT OIL FUTURES MOVES TO PARITY, FIRST TIME SINCE OCT 2014.

  • ADDIS ABABA, Jan 13- Ethiopian Airlines is in talks with Rwanda and the Democratic Republic of Congo to purchase stakes in their carriers and manage them, its chief executive told Reuters. Discussions with Kigali and Kinshasa follow similar deals with Malawi and South Sudan, part of efforts to become a global carrier and put the airline at the heart of travel in...

  • TREASURIES-U.S. yields rise ahead of 10-year note sale Tuesday, 13 Jan 2015 | 10:41 AM ET

    Treasuries yields rose on Tuesday as investors and Wall Street dealers reduced their debt holdings ahead of a $21 billion auction of 10- year government notes even as oil prices sank to their lowest in nearly six years. Gains on Wall Street, partly due to stronger-than-expected quarterly results from aluminum producer Alcoa, and a growing supply of...

  • *Prospect of ECB actions lifts shares in Europe, U.S. NEW YORK, Jan 13- Stock markets around the world rose on Tuesday, rebounding after a recent bout of weakness as investors bet that there would be economic stimulus measures from the European Central Bank and as early reads on the U.S. earnings season came in strong. Policymakers fear cheap oil could put key...

  • DUBAI, Jan 13- The court administering Dubai World's restructuring has set March 17 as the provisional date for creditors to vote on whether to back a $14.6 billion debt deal. Under the plan, announced by Dubai World on Monday, part of its debt will be repaid early and the maturity of the rest extended by four years to 2022 with added incentives for creditors.

  • *CAISSE SAYS FIRST TWO PROJECTS VALUED AT ABOUT C$5 BLN Tuesday, 13 Jan 2015 | 10:30 AM ET
  • MONTREAL, Jan 13- Quebec's largest pension fund said on Tuesday it struck a deal with the cash-strapped provincial government to finance, develop and operated major infrastructure projects, highlighting the appetite of such funds for unconventional assets.