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  • LOS ANGELES, Nov 16- It is National Scholarship Month, which means high school seniors are being exhorted to scoop up free money for college. Casey Lu Simon-Plumb, a sophomore at Swarthmore College in Pennsylvania, won more than a dozen scholarships during her senior year of high school, including a $20,000 Coca-Cola Scholars Foundation award.

  • MILAN, Nov 16- Luxury outerwear maker Moncler said on Monday it had won a legal battle against a Chinese company that produced and sold down jackets with the Italian group's logo, as Beijing cracks down on counterfeits. Moncler, whose luxury down jackets can sell for up to $2,000, said it had been awarded 420,000 euros in damages by an intellectual property court in...

  • PARIS, Nov 16- The carnage in Paris has sent shudders through the tourism sector in one of the world's most visited cities with hotel owners, tour operators and others in the industry hoping the expected drop-off in visitors will not last long. The Eiffel Tower, Louvre museum and other attractions reopened on Monday after shutting due to the killings, though...

  • NEW YORK, Nov 16- Virtus Investment Advisers, a top mutual fund manager, will pay $16.5 million to settle charges it used false performance claims to boost an investment strategy using exchange-traded funds, the U.S. Securities and Exchange Commission said on Monday. The SEC penalty came after a several-year investigation by the regulatory agency into...

  • BUENOS AIRES, Nov 16- Argentina's central bank chief on Monday opened the door to quitting early if conservative challenger Mauricio Macri wins the presidential election race, days after vowing he would see out his mandate until its 2019 end. Monetary policymaker Alejandro Vanoli, who is seen as a trusted ally of the country's outgoing leftist president,...

  • BERLIN, Nov 16- Volkswagen said its manipulations of carbon dioxide emission levels affect more petrol-powered engines at the German carmaker than it had previously disclosed. VW said on Nov. 3 it had understated the level of CO2 emissions in around 800,000 predominantly diesel-powered vehicles, with some models using a 1.4 litre petrol engine.

  • BEIJING, Nov 16- Chinese President Xi Jinping told G20 leaders meeting in Turkey that the world urgently needs to find new sources of economic growth, China's official news agency Xinhua reported on Monday. Xi told the G20 summit on Sunday that China was able to keep up medium to high economic growth and expects this year's growth to be around 7 percent, which would...

  • Nov 16- Shares of Nexvet Biopharma Plc rose as much as 33 percent after the animal-health company's drug for canine osteoarthritis showed promise in a study. Dogs enrolled in the study experienced relief from pain at four weeks when compared with placebo, the company said, adding that the results would form the basis for a regulatory application with the U.S....

  • Nov 16- Hedge fund Omega Advisors' Steven Einhorn expects U.S. stocks to move upward and easily outperform bonds in 2016 because the economy is nowhere near a recession and factors that typically herald the end of a bull market are nowhere in sight. The S&P 500 is little changed this year after being jolted by fears of slower growth in China and worries about when...

  • NEW YORK, Nov 16- The dollar rose and U.S. and European equity markets gained modestly on Monday as analysts saw limited economic impact worldwide by the attacks in Paris on Friday, though the sale of luxury goods and tourism in the French capital may suffer. Gold rose from last week's six-year low as the attacks in Paris, in which 129 people were killed and hundreds...

  • *Airline, travel stocks slip after Paris attacks. Nov 16- Wall Street was higher in choppy trading on Monday with investors seeing little long-term economic impact from Friday's deadly attacks in Paris. "Expectations are that will have a modest potential economic impact," said Eric Wiegand, senior portfolio manager at the Private Client Reserve at U.S. Bank in New...

  • TOKYO, Nov 17- Japanese Subaru vehicle maker Fuji Heavy Industries said it may cut its mid-term sales goals for China, seeking to avoid the worst of cut-throat competition as an economic slowdown hits the world's largest auto market. Last year Fuji Heavy set a target of selling 120,000 cars annually in China by 2020. But it is set to sell only 46,500 in the year...

  • Nov 16- Generic Drugmaker Mylan NV plans to buy back shares worth up to $1 billion, after Perrigo Co Plc'S shareholders spurned its $26 billion hostile bid. The buyback program expires on Aug. 27, 2016, Mylan said in a statement on Monday. Perrigo shareholders rejected Mylan's bid on Friday, ending the Netherlands- based generic drug maker's seven-month pursuit of...

  • Nov 16- A late stage trial of a Gilead Sciences drug in previously treated patients with a particular type of leukemia was unblinded early after independent monitors determined the medicine provided significant benefit in delaying worsening of the disease, the company said on Monday. The study was testing Gilead's Zydelig in combination with the standard...

  • Nov 16- Blackstone Group LP said on Friday it would sell facility management company GCA Services Group Inc to a consortium of Goldman Sachs Group Inc's private equity arm and Thomas H. Lee Partners LP. The company did disclose financial details of the deal, but said GCA's management team would invest alongside THL and Goldman Sachs as part of the deal.

  • "It is a dire situation for the markets at this point... with corn and beans perched perilously above last week's contract lows and holding," Matt Zeller, director of market information at INTL FCStone, said in a note to clients. Wheat futures were mixed, with Chicago Board of Trade soft red winter wheat contracts easing on poor export demand while higher-protein MGEX...

  • Pfizer and Allergan are in talks to create the world's biggest drug company by market value and analysts expect a deal would likely involve Pfizer "inverting", or reversing into the smaller, Irish-registered Allergan. Pfizer has used transactions between companies within its group to allow an Irish subsidiary based in Ringaskiddy- Pfizer Ireland...

  • BEIJING, Nov 16- Chinese President Xi Jinping told G20 leaders meeting in Turkey that the world urgently needs to find new sources of economic growth, China's official news agency Xinhua reported on Monday.

  • BUENOS AIRES, Nov 16- Argentina's central bank chief on Monday opened the door to quitting early if conservative challenger Mauricio Macri wins the presidential election race, days after vowing he would see out his mandate until its 2019 end. Monetary policymaker Alejandro Vanoli, who is seen as a trusted ally of the country's outgoing leftist president,...

  • *Considering buying land on Red Sea, Mediterranean coasts. CAIRO, Nov 16- Egyptian real estate developer SODIC signed sales contracts worth 3.6 billion Egyptian pounds in the first nine months of 2015, surpassing last year's full-year total, it said on Monday. Sherif said the company was considering buying land on the Red Sea coast in the first quarter of 2016, as...