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  • WASHINGTON, Jan 8- The Republican-led U.S.

  • U.S. HOUSE BILL TO REDEFINE FULL-TIME WORK UNDER OBAMACARE AS 40 HOURS/WEEK RECEIVES ENOUGH VOTES TO PASS; VOTING CONTINUES.

  • MEXICO CITY, Jan 8- Mexico's state oil company, Pemex, said on Thursday it has proposed an oil swap with the United States, potentially ushering in the first sustained crude imports by Mexico from its northern neighbor after years of self-sufficiency. Under the proposal, Mexico would in exchange provide the United States with heavier Mexican crude for...

  • RIO DE JANEIRO, Jan 8- Brazil's state-run oil company said on Thursday it produced more crude oil and related liquids in the third quarter than Exxon Mobil Corp, making Petroleo Brasileiro SA the world's largest publicly traded petroleum producer for the first time. That output was 7 percent more than the 2.065 million bpd Exxon produced in the same quarter,...

  • MEXICO CITY, Jan 8- Mexico will probably have to raise interest rates this year, given the Federal Reserve's own expected hike in U.S. borrowing costs, central bank governor Agustin Carstens said on Thursday. In December, Mexico's central bank held rates steady at a record low 3 percent. "Facing the imminent increase in interest rates in the United States, there is a...

  • Media embracing digital TV with strings attached Thursday, 8 Jan 2015 | 4:05 PM ET

    NEW YORK/ LAS VEGAS Jan 8- Media companies that are starting to allow their programs onto Internet-delivered TV and mobile devices are putting limits on digital rights as a safety hatch if problems arise with the new distribution systems, executives say. Media companies are considering joining streaming-only services, or launching their own like HBO and CBS,...

  • Jan 8- U.S. stocks rallied more than 1 percent for a second day on Thursday, boosted by expectations the U.S. economy will continue to improve and hopes of more aggressive action from the European Central Bank.

  • NEW DELHI, Jan 9- A weak recovery from India's longest growth slowdown in decades is pushing Prime Minister Narendra Modi's advisers to consider loosening fiscal deficit targets, risking the ire of investors, ratings agencies and the central bank. Yet with debt service devouring 42 percent of federal spending, higher deficits would revive risks of a ratings...

  • NEW YORK, Jan 8- U.S. Treasury debt prices fell back on Thursday as Wall Street rallied and oil prices steadied, on growing confidence European policymakers will launch a bond-buying program to combat slowing economic growth. "With concerns that the market has that the Fed will raise rates this year, people have been more willing to go further out," said Ellis Phifer,...

  • *S&P 500 now positive for 2015 so far. NEW YORK, Jan 8- U.S. stocks jumped more than 1 percent for a second day in afternoon trading on Thursday, lifted by expectations the U.S. economy will continue to accelerate. "We got some decent data, and this market's got a lot of legs," said Uri Landesman, president of Platinum Partners in New York.

  • LONDON, Jan 8- Global equity markets surged and the dollar hit a nine-year high on Thursday, lifted by the Federal Reserve's confidence in the U.S. economy and hopes of aggressive new stimulus in Europe. Stocks on Wall Street rose 1.8 percent and European stocks jumped nearly 3 percent as investors set aside fears from a few days ago that tumbling oil prices point...

  • DELTA, British Columbia, Jan 8- Canadian Prime Minister Stephen Harper on Thursday said the country's energy industry was resilient and would survive the stresses caused by plunging crude oil prices. "As rapid a negative a change that this is for the industry, the industry, even in my lifetime, has lived through changes this extreme and more on many occasions,"...

  • NEW YORK/ LONDON, Jan 8- Gold fell for the second straight day on Thursday, in a choppy session weighed down by a stronger dollar and rising stock markets after being buoyed by expectations the Federal Reserve will be patient in raising interest rates. U.S. gold futures for February delivery settled down $2.20 an ounce, or 0.2 percent, at $1,208.50.

  • MEXICO CITY, Jan 8- Plunging oil prices and an expected shift in U.S. monetary policy pose risks for Mexico's economy this year, Mexican central bank governor Agustin Carstens said on Thursday. Federal Reserve will hike interest rates this year have hammered Mexico's peso, which has fallen by more than 13 percent since June, threatening to push consumer prices...

  • WASHINGTON, Jan 8- The treasuries of U.S. states with large energy sectors are swinging wildly from full to empty as oil prices take unexpected turns, a new report released on Thursday by the Pew Charitable Trusts shows. North Dakota follows, alongside Vermont, at 11.6 percent. In 2013 severance taxes made up 39.7 percent of Wyoming's revenue and 46.4 percent of...

  • WASHINGTON, Jan 8- The U.S. Senate on Thursday voted to reauthorize a terrorism risk insurance program created in response to the Sept. 11, 2001, attacks, after lawmakers let it expire at the end of 2014.. Senators voted overwhelmingly in favor of a bill giving the program six more years that had been approved by the U.S. House of Representatives on Wednesday.

  • NEW YORK, Jan 8- The best bond funds in 2014 posted returns of more than 40 percent betting on long U.S. Treasury bonds, a strategy that had scant support when the year began. In that case, long-dated maturity funds will struggle, said Josh Barrickman, head of Vanguard bond indexing Americas, who also helps manage the Vanguard Extended Duration Treasury Index Fund, the...

  • Honda will pay two $35 million fines, making it the largest amount ever paid by an automaker as a result of an investigation by the National Highway Transportation Safety Administration. In November, Honda revealed it had failed to report 1,729 cases involving deaths or injuries between July 2003 and June 2014. "We have resolved this matter and will move forward...

  • U.S. retailers' December same-store sales Thursday, 8 Jan 2015 | 1:21 PM ET

    Jan 8- Click on http://tmsnrt.rs/1wxy7x0 for a table that compares U.S. retailers' December same-store sales with analysts' estimates as published by Thomson Reuters.

  • LONDON, Jan 8- Aluminium rebounded from lows on Thursday as some investors bought back short positions to lock in profits, but more losses were expected for copper and zinc ahead of the new year holiday in top metals consumer China. Copper, burdened by worries about oversupply, failed to sustain a bounce from 4-1/ 2 year lows the previous day, ending in the red again.