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  • BEIJING, Nov 10- Russia and China intend to increase the amount of trade settled in the yuan, President Vladimir Putin said on Monday in remarks that would be welcomed by Chinese authorities who want the currency to be used more widely around the world. Speaking at an Asia Pacific Economic Cooperation summit in Beijing, Putin also ruled capital controls for...

  • PARIS, Nov 10- European stocks were steady at the open on Monday, taking a breather after the previous session's losses, with Nutreco surging 13 percent as SHV sweetened its takeover bid for the Dutch animal feed and nutrition company. At 0808 GMT, the FTSEurofirst 300 index of top European shares was up 0.1 percent at 1,346.70 points. Carlsberg gained 3.3 percent...

  • MOSCOW, Nov 10- The Russian central bank said on Monday that it expects zero economic growth in 2015 and only 0.1 percent growth in 2016, in a three-year monetary policy strategy that anticipates Western sanctions against Russia will remain until the end of 2017..

  • LONDON, Nov 7- Ebola, terrorism and political upheaval- headlines from Africa over the past year seem a far cry from the inspiring' Africa Rising' story. "The most consistent growth that we see across the globe seems to be coming from Africa," said Boston- based Asha Mehta, who manages Acadian Asset Management's $380 million global equity frontier fund.

  • Dendreon files for Chapter 11 bankruptcy Monday, 10 Nov 2014 | 2:22 AM ET

    Nov 10- Biotechnology company Dendreon Corp filed for chapter 11 bankruptcy protection on Monday and said it has reached agreements on the terms of a financial restructuring with certain bond holders. Dendreon said the restructuring may take the form of a stand-alone recapitalization or a sale of the company or its assets. Under the agreements, the senior...

  • LONDON, Nov 7- Following are the five big themes likely to dominate the thinking of traders and investors in the coming week and the Reuters stories related to them. 1. HUBBLE BUBBLE, ROUBLE IN TROUBLE Russia's currency, the rouble, is collapsing. There could be devaluations in store for the Kazakh tenge, the Belarus rouble and the Ukraine Hryvnia, because of those...

  • LONDON, Nov 10- Britain's Serco is to raise up to 550 million pounds through a rights issue after cutting its profit forecast for this year and next, and writing down the value of its business by 1.5 billion pounds. Serco, which has been hit by a raft of problems due to failed contracts, said a review had identified likely impairments and further onerous contract...

  • BEIJING, Nov 10- Russia and China intend to increase the amount of trade that is settled in yuan, President Vladimir Putin said on Monday as he ruled out capital controls for Russia. Speaking at an Asia Pacific Economic Cooperation summit in Beijing, Putin vowed to keep Russia's foreign debt level below 15 percent of its gross domestic product.

  • SHANGHAI, Nov 10- China stocks posted strong gains on Monday after regulators gave a firm date for the launch of the long-awaited Hong Kong- Shanghai stock connect pilot, which will allow retail and institutional investors in both locations to trade in each other's markets. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 63.58...

  • President Barack Obama said on Monday he sees momentum building for a Washington- backed free trade agreement in the Asia-Pacific, after arriving in Beijing on the first leg of an eight-day Asia tour. U.S officials had ruled out a major announcement on the ambitious 12- country Trans-Pacific Partnership in Beijing, where Obama will attend the Asia-Pacific...

  • *ANZ Bank cuts 2015 iron ore price forecast to $78/ T from $101. SYDNEY, Nov 10- Australia's ANZ Bank on Monday slashed its 2015 iron ore price forecast to an average $78 a tonne from $101, citing a mounting supply glut and weak demand for the steelmaking ingredient in China, the world's top importer. Morgan Stanley this month forecast iron ore would average $87 a tonne...

  • TOKYO, Nov 10- Japanese stocks fell to a one-week low on Monday as the yen rebounded against the dollar after U.S. jobs data fell short of expectations, while Nippon Telegraph and Telephone Corp tumbled on a profit warning. The benchmark Nikkei share average ended 0.6 percent lower at 16,780.53, the lowest closing level since Oct. 31. The broader Topix shed 0.3...

  • *Ukraine ceasefire under threat with heaviest shelling in a month. *Oil prices to move sideways until OPEC meeting- analyst. SINGAPORE, Nov 10- Brent crude rose towards $84 a barrel on Monday, climbing for a second straight session amid heightened military activity in Ukraine and as chaos in Libya again threatened disruptions to the country's oil output and...

  • G20 proposes buffer to end too big to fail banks Monday, 10 Nov 2014 | 1:00 AM ET

    *New "bail in" bonds rule set for January 2019. LONDON, Nov 10- The world's biggest banks should hold a buffer of bonds in case of a collapse so that government bailouts are avoided, a global regulatory body proposed on Monday. The Financial Stability Board, made up of regulators from the Group of 20 economies, said global banks like Goldman Sachs and HSBC should have a...

  • Nov 10- KKR& Co, which led the acquisition of oil and gas producer Samson Resources Corp for $7.2 billion in 2011 and has already sold almost half its acreage to cope with lower energy prices, plans to sell its North Dakota Bakken oil deposit worth less than $500 million as part of an ongoing downsizing plan, according to people familiar with the matter.

  • RUSSIA VTB CEO SAYS BANK'S CREDIT PORTFOLIO GROWTH MAY COME BELOW 14 PCT IN 2015.

  • VTB CEO KOSTIN SAYS BANK DOES NOT NEED GOVERNMENT FINANCIAL SUPPORT FROM NATIONAL WEALTH FUND.

  • *China inflation sticks near 5- year low in October. TOKYO/ SYDNEY, Nov 10- The dollar edged lower in Asia on Monday as U.S. The dollar index slipped about 0.3 percent to 87.368, following a 0.4 percent fall on Friday when it retreated from 88.190- a high not seen since June 2010.

  • SHANGHAI, Nov 10- China stocks rose by midday on Monday after Chinese and Hong Kong regulators formally announced a launch date for the long-awaited Hong Kong- Shanghai stock market connector scheme. Some mainland investors appeared to have positioned themselves well for the launch of the program, despite reports that the progress was held up by concerns over...

  • *Ukraine ceasefire under threat with heaviest shelling in a month. *Oil prices to move sideways until OPEC meeting- analyst. SINGAPORE, Nov 10- Brent crude rose towards $84 a barrel on Monday, climbing for a second straight session amid heightened military activity in Ukraine and as chaos in Libya again threatened disruptions to the country's oil output and...