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  • Nov 24- The U.S. Department of Justice is investigating whether cable company Comcast Corp is hindering competition in cable advertising sales, the Wall Street Journal reported, citing a document reviewed by the newspaper. The document, which is known as a civil investigative demand, indicates that the Justice department's antitrust division is probing...

  • Nov 24- The U.S. Food and Drug Administration said it had approved Eli Lilly& Co's Portrazza, in combination with two forms of chemotherapy, to treat patients with a type of lung cancer. The FDA's approval on Tuesday comes about four months after an advisory panel to the agency recommended the drug be cleared for sale along with the warnings. Eli Lilly's shares were...

  • OSLO, Nov 24- The fossil fuel industry is still laying plans for long-term investments and growth that are at odds with many companies' commitments to cut greenhouse gases to slow climate change, according to a study released on Tuesday. The report, by London consultants Critical Resource, said there was a "yawning gap between what the industry is currently doing...

  • *Corn prices follow wheat lower; wheat/corn ratio narrows. Corn prices eased, following wheat lower and further pressured by lackluster export demand and ample supplies. Soybeans hit a 6-1/ 2- year low the previous session as the market anticipated Argentina's newly elected president would help boost exports, adding to volumes from bumper harvests around the...

  • Nov 24- Indivior Plc said on Tuesday the U.S. Food and Drug Administration rejected its nasal spray for the emergency treatment of opioid overdose. Last week, the FDA approved the first-ever nasal spray formulation of the drug made by privately held Adapt Pharma Ltd.. The FDA has been speeding up its review of new formulations of nalaxone to combat rising opioid...

  • Nov 24- General Mills Inc will use only cage-free eggs in its U.S. operations by 2025, it said on Tuesday, marking the first time the packaged food company has given a timeline for the switch. The move comes at a time when the food industry is under pressure from groups including the Humane Society of the United States, Mercy for Animals and World Animal Protection,...

  • SAN FRANCISCO, Nov 24- The nation's largest public pension, the California Public Employees' Retirement System, said on Tuesday that it had shared $3.4 billion in profits with external partners of its private equity portfolio from 1990 to June 30, 2015. CalPERS' private equity program added $24.2 billion in net gains to the fund over a 25- year period.

  • BUENOS AIRES, Nov 24- Argentine President-elect Mauricio Macri plans to push through economic reforms that will buy him time for a "tough negotiation" with U.S. hedge funds suing the country over unpaid government debt. That will mean finding a quick way to bolster the central bank's dwindling foreign currency reserves, which have fallen to a nine-year low below...

  • NEW DELHI/ MUMBAI, Nov 24- U.S. solar company SunEdison Inc said it would sell projects in India with generating capacity of 425 megawatts to its "yieldco" TerraForm Global Inc for $231 million. Heavily indebted SunEdison said earlier this month that it would stop selling projects to its two yieldcos- dividend-paying units that hold generating assets of a parent...

  • EBA SAYS BANKS' AVERAGE COMMON EQUITY CAPITAL RATIO WAS 12.8 PCT AT END- JUNE VS 9.7 PCT AT END 2011.

  • LONDON, Nov 24- The scale of bad loans held by banks in the European Union is "a major concern" and more than double the level in the United States, despite an improvement in recent years, the EU's banking regulator said on Tuesday. But that compares with an average of less than 3 percent in the United States and even lower in Asia, according to the European Banking...

  • EBA SAYS EUROPEAN BANKS HOLD 1 TRILLION EUROS OF NON-PERFORMING LOANS, RATIO IS MORE THAN DOUBLE U.S.

  • EU BANKING REGULATOR SAYS NON-PERFORMING LOANS AT EUROPEAN BANKS AVERAGE 5.6 PCT AND "A MAJOR CONCERN".

  • EBA SAYS NON-PERFORMING LOANS AVERAGE 16.7 PCT IN ITALY, 7.1 PCT IN SPAIN AT END-JUNE.

  • ZURICH, Nov 24- Swatch Group Chief Executive Nick Hayek has signed a contract with credit card company Visa Inc. in connection with the Swiss firm's new watch that enables wearers to make payments, a newspaper reported on Tuesday. Swatch has already introduced the watch in China and aims to introduce a similar device in 2016 in Switzerland and the United States,...

  • LONDON, Nov 24- Zinc, copper and nickel rebounded on Tuesday as bearish investors bought back positions to lock in profits while a weaker dollar and firmer oil also supported the hard-hit market. Investors, many from China, which had unleashed waves of selling in recent weeks, took a breather and bought back some of their short positions, analyst David Wilson at...

  • Nov 24- Activist investor Sandell Asset Management Corp said its nominees were not elected to Ethan Allen Interiors Inc's board, dealing a blow to the hedge fund's intense, four-month effort to drive changes at the storied home furniture company. Tuesday's early results hand a victory to Ethan Allen's long time CEO, Farooq Kathwari, who has led the company in...

  • TUNIS, Nov 24- At least 11 people were killed on Tuesday after an explosion hit a bus carrying Tunisian presidential guards along a major street in the centre of the capital Tunis. Security and presidential sources said the explosion was an attack, adding it was not immediately clear whether it was a bomb or an explosive fired at the bus as it travelled along...

  • *Businesses accumulate $90.2 billion worth of inventories. The Commerce Department on Tuesday said the nation's gross domestic product grew at a 2.1 percent annual pace, not the 1.5 percent rate it reported last month, as businesses reduced an inventory bloat less aggressively than previously believed. With growth like this, the Fed has the data it needs to...