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  • NEW YORK, Nov 5- World stocks fell and the dollar firmed on Monday as investors moved to the sidelines or favored low-risk assets before Americans choose their president, China starts a leadership transition and Greece faces a fraught vote to secure fresh rescue funds.

  • NEW YORK, Nov 5- The pace of growth in the U.S. services sector slowed modestly in October, though a measure of employment improved to its highest in seven months, underscoring expectations the economic recovery will remain modest.

  • Highlights of G20 draft communique Monday, 5 Nov 2012 | 4:12 PM ET

    MEXICO CITY, Nov 5- Leading economies in the Group of 20 will make sure they do not tighten budgets so quickly as to hurt growth, according to a draft communique drawn up for top G20 finance officials meeting on Monday.

  • *UniCredit CEO sees no risk of hostile takeover. *Italian press say UniCredit vulnerable, foundations worried. MILAN, Nov 5- Italy's biggest bank denied on Monday there were any plans for a tie up with rival Intesa Sanpaolo after reports that UniCredit chief executive Federico Ghizzoni had been sounded out on the issue.

  • PARIS, Nov 5- French industrialist Louis Gallois called for a patriotic effort to support shock therapy to reverse declining competitiveness on Monday as he handed in a review the Socialist government commissioned and is now under pressure to heed. Following are some of the most important of his 22 proposals:.

  • *Spain blocks' fast-track' appointment of central banker. *Unclear if Spain will nominate its own candidate. BRUSSELS, Nov 5- Spain has blocked the appointment of Yves Mersch to the European Central Bank's executive board, delaying the process of filling a post that is critical to tackling Europe's debt crisis.

  • *Transocean shares rise after results. Democratic President Barack Obama and his challenger, Republican Mitt Romney, sprinted through key states on the last day of the race for the White House.

  • GENEVA, Nov 5- Switzerland's neutrality is being tested as Brussels and Washington raise pressure over gaps in sanctions against Iran, in particular measures against its oil industry.

  • MEXICO CITY, Nov 5- A deal to keep near-bankrupt Greece afloat by providing more bailout money is unlikely to be struck next week when euro zone finance ministers meet in Brussels, a senior EU official said on Monday.

  • US STOCKS-Wall St ticks down ahead of U.S. election Monday, 5 Nov 2012 | 3:54 PM ET

    *Transocean shares rise after results. Democratic President Barack Obama and his challenger, Republican Mitt Romney, sprinted through key states on the last day of the race for the White House.

  • MEXICO CITY, Nov 5- Leading economies in the Group of 20 will make sure they do not tighten budgets so quickly as to hurt growth, according to a draft communique drawn up for top G20 finance officials meeting on Monday. ``We will ensure the pace of fiscal consolidation is appropriate to support growth,'' the draft said.

  • NEW YORK, Nov 5- The expansion in the vast U.S. services sector slowed slightly last month, suggesting growth in the world's largest economy would remain modest, while activity in China's services industry also waned.

  • *Transocean shares rise after results. Democratic President Barack Obama and his challenger, Republican Mitt Romney, sprinted through key states on the last day of the race for the White House.

  • Global tourist arrivals close in on 1 billion - UN Monday, 5 Nov 2012 | 3:36 PM ET

    LONDON, Nov 5- International tourist arrivals grew 4 percent between January and August year-on-year and are heading for the 1 billion mark for the first time by December, the UN World Tourism Organization said on Monday.

  • *Netflix shares up 1 pct. Nov 5- Netflix Inc adopted a poison pill defense against a hostile takeover, days after activist investor Carl Icahn disclosed a stake in the video rental company. The move is aimed at preventing an outsider who lacks Netflix board approval from accumulating a stake of 10 percent or more, the company said in a statement.

  • SOFTS-Robusta coffee hits 8-month low, dollar firms Monday, 5 Nov 2012 | 3:33 PM ET

    *Robusta hits 8- month low as Vietnam harvest weighs. January robusta coffee futures were off $24 or 1.2 percent at $1,940 a tonne at 1459 GMT after earlier touching $1,935, the lowest level for the second-month since March 7.

  • NEW YORK, Nov 5- The pace of growth in the U.S. services sector slowed modestly in October as new orders slipped, though employment improved to its highest level in seven months, an industry report showed on Monday.

  • MEXICO CITY, Nov 5- A deal on keeping Greece afloat and providing more bailout money for the near-bankrupt state is unlikely to be reached next week when euro zone finance ministers meet in Brussels, a senior EU official said on Monday.

  • *Technology key to new industrial model Brazil seeking. Trade and Industry Minister Fernando Pimentel told Reuters that Brazil has paved the way for a sustainable burst of economic growth with record-low interest rates and a competitive exchange rate.