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  • Venture giant IVP appoints two to general partner Monday, 12 Jan 2015 | 7:00 AM ET

    SAN FRANCISCO, Jan 12- Institutional Venture Partners said it had promoted principals Somesh Dash and Eric Liaw to general partner. He serves as a board director or observer for companies such as The Honest Company, which provides eco-friendly diapers and cleaning products; and OnDeck, which provides loan financing to small and medium-sized businesses.

  • MOSCOW EXCHANGE SAYS WILL RESUME TRADING ON DERIVATIVES MARKET AT 1450 MOSCOW TIME.

  • Moscow Exchange says derivatives trading interrupted Monday, 12 Jan 2015 | 6:26 AM ET

    MOSCOW, Jan 12- The Moscow Exchange said trading on its derivatives market was interrupted at 2:04 p.m. on Monday.

  • CAPE CANAVERAL, Fla., Jan 12- A SpaceX Dragon capsule wrapped up a two-day journey to the International Space Station on Monday, the first U.S. cargo run to the orbital outpost in four months, a NASA TV broadcast showed. Orbital and SpaceX have NASA contracts worth a combined $3.5 billion for station resupply missions. The booster successfully lifted off from Cape...

  • *MOSCOW EXCHANGE SAYS SUSPENDS DERIVATIVES TRADING Monday, 12 Jan 2015 | 6:19 AM ET
  • LONDON, Jan 12- European equities rebounded on Monday, led by airlines and auto stocks after positive updates by Continental and Lufthansa. Brent crude dropped below $49 a barrel on Monday, around its lowest since April 2009, hit by a global supply glut. "The tremendous oil price collapse is not adequately reflected in the airlines' share prices in my view," said...

  • LONDON, Jan 12- Copper prices slipped to new 4-1/ 2 year lows on Monday, dragged lower by concerns that lacklustre demand will struggle to catch-up with rising supplies, and as falling oil prices exerted pressure on commodity markets. Three-month copper on the London Metal Exchange dropped to $6,057 a tonne, a fresh low since June 2010, before recovering slightly...

  • FRANKFURT, Jan 12- Deutsche Bank AG will provide details of a new strategy plan to investors in the second quarter of 2015, senior management told bank staff in an internal memo on Monday. "The management board is working diligently on the next phase of our strategy, and we will update our stakeholders at an investor& media day and global employee town hall in the...

  • TEL AVIV, Jan 12- Genband, a U.S. maker of software for telecoms and cable TV operators, aims to revolutionise phone-based customer services by ending consumer frustration at being kept on hold in a seemingly endless loop of recorded options messages. The Texas- based company, majority owned by JPMorgan's One Equity Partners, paid $50 million in 2013 to acquire...

  • Jan 12- UBS Group AG, Switzerland's biggest bank, lost two more blue-chip corporate broking clients, the Financial Times reported, citing people familiar with the situation. British defense contractor BAE Systems Plc and Smith& Nephew Plc, Europe's largest maker of artificial joints, have both dropped UBS as their corporate broking adviser, the newspaper said.

  • CHICAGO, Jan 12- U.S. bus companies continued to add daily scheduled routes linking cities around the country in 2014 with a 2.1 percent increase, while airline flights fell 3.5 percent, according to a study released on Monday. According to the study by the Chaddick Institute for Metropolitan Development at DePaul University in Chicago, bus companies...

  • WILLISTON, N.D., Jan 12- A stark breakdown from North Dakota projecting how falling oil prices could affect production was formulated using proprietary corporate data and a state official's personal model. Late last Thursday, the Department of Mineral Resources caused a stir in world oil markets by releasing slides from a presentation to the state...

  • MOSCOW, Jan 12- Russian prosecutors must monitor the price of fuel, food and medicine and act if wages or benefits are delayed, the head of President Vladimir Putin's administration was quoted as saying on Monday, signalling growing Kremlin fears about inflation. Sanctions imposed by the West over the Ukraine crisis, a retaliatory ban on Western food imports and...

  • MONTREAL/ PARIS, Jan 12- Airbus has begun talks with a European regulator on proposals to make ejectable flight recorders available on its two largest models, the A380 and the new A350, potentially making them the first commercial planes to use the technology. The talks with the European Aviation Safety Agency come as global aviation authorities consider...

  • LONDON, Jan 12- Gold retreated from a one-month high on Monday, as the dollar and shares rose, but doubts over the likely timing of an increase in U.S. interest rates this year were seen likely to bolster investment demand in the short term. Spot gold climbed to its highest since Dec. 11 at $1,231 an ounce, before edging 0.1 percent lower to $1,221.60 by 1019 GMT.

  • *Germany pushes for compulsory genetic modification labelling. BERLIN, Jan 12- Disagreements about food safety and farming are not likely to stand in the way of a free-trade agreement between the European Union and the United States, Germany's farm minister told Reuters on Monday. The two sides are grappling with how to integrate Europe's food production and...

  • BEIJING, Jan 12- China's biggest movie theatre operator Wanda Cinema Line Corp is seeking to raise 1.26 billion yuan through an initial public offering, scaling back its original listing plan, people with knowledge of the matter said. The chain controlled by Dalian Wanda Commercial Properties Co. Chairman Wang Jianlin, one of China's richest men, had planned to...

  • FOREX-Dollar inches up as post-payrolls chill fades Monday, 12 Jan 2015 | 4:43 AM ET

    Dealers said there had been leveraged demand for dollars from the opening in London, but added that the move was happening in minimal liquidity in a market thinned out overnight by a holiday in Japan. But the other main leg, that counterparts in Japan and Europe are headed in the opposite direction, remains firmly in place. I don't see much of a catalyst for it this...

  • SEOUL, Jan 12- Hyundai Motor Co's chairman and vice chairman are seeking to raise about $1.25 billion by selling shares of Hyundai Glovis, a person familiar with the matter said, a move that could smooth succession in the family-owned conglomerate. The sale could help vice chairman and heir apparent Chung Eui-sun buy stakes in key units such as Hyundai Motor, Kia...

  • *Peugeot buoyed by broker upgrade. LONDON, Jan 12- European equities gained on Monday, led by rising healthcare stocks, after Shire agreed to buy NPS Pharmaceuticals for $5.2 billion and Roche also struck a deal. Chemicals shares also performed well after U.S. investment bank Citigroup upgraded several European chemicals companies, including BASF.