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  • WARSAW, Dec 4- Australian coal company Prairie Mining plans to apply in 2016 for an exploration concession in Poland, a step towards starting construction of a proposed mine, it said on Friday. Prairie Mining plans to build a $685- million coal mine in Lublin in southeastern Poland at a time when slumping coal prices and high production costs have pushed local...

  • BERLIN, Dec 4- Demand for Christmas trips to Paris has slumped following last month's Islamist militant attacks in the French capital, according to data from travel information firm ForwardKeys. There is a lack of new bookings from all major source countries, including Britain, Germany, Italy, Spain and the United States, Forward Keys said. Didier Le Calvez, who is...

  • SAO PAULO, Dec 4- Brazil's deposit guarantee fund on Friday provided Grupo BTG Pactual SA with a credit facility worth 6 billion reais, boosting the finances of Latin America's biggest independent investment bank after the arrest of its founder sparked an outflow of funds. In a securities filing, BTG Pactual said it would use a pool of outstanding loans to back...

  • *Wheat inches up, corn/soybeans edge lower. PARIS/ SINGAPORE, Dec 4- Chicago grain and soybean futures consolidated on Friday as the dollar regained a little ground against the euro and investors awaited further direction from monthly U.S. jobs data. Wheat ticked higher again on Friday as the market continued to pull away from a 5-1/ 2 year low hit this week, but...

  • BRUSSELS, Dec 4- EU antitrust regulators have dropped charges against 13 banks including Citigroup and Deutsche Bank for blocking exchanges from derivatives markets, but will continue their case against data company Markit and trade body ISDA. "This closure does not prejudge the outcome of the Commission's investigation regarding Markit, and ISDA, which is...

  • *Proposals follow Paris attacks on Nov. 13. BRUSSELS, Dec 4- European Union states should clamp down on prepaid cards and virtual currencies to cut terrorist financing and have direct access to bank transfers data, France proposed before an EU finance ministers meeting next week. The suggested crackdown follows the Paris attacks on Nov. 13 that killed 130 people...

  • Dec 4- U.S. stock index futures were higher on Friday ahead of jobs data that will feed into the Federal Reserve's decision to hike interest rates this month, and any decision from an OPEC meeting about oil output. *The Labor Department's closely watched November jobs report will be released at 8:30 a.m. ET and is expected to show that U.S. job growth likely...

  • CHENNAI, India, Dec 4- Rescue helicopters were grounded on Friday by renewed rains that spread fear in the flood-struck Indian city of Chennai, while the death of 14 patients at a private hospital added to the official toll of 280 confirmed killed in the disaster. Many residents have spent days stranded on rooftops since more than 345 mm of rain fell over 24 hours on...

  • LONDON, Dec 4- A G20 task force will develop voluntary company disclosures for investors to compare risks to businesses from climate change, Financial Stability Board Chairman Mark Carney said on Friday. In September, Carney, who is also governor of the Bank of England, said companies must be more open about their "climate change footprint" such as risks from rapid...

  • WARSAW, Dec 4- Poland's new government is reviewing two major military tenders started by the previous administration, a deputy defence minister said late on Thursday, signalling the country's large-scale army modernisation scheme may face delays. In April, Poland provisionally selected Airbus Group's utility helicopters and said it would buy Raytheon's...

  • BERLIN, Dec 4- German industrial orders rose more than expected in October, fuelled by stronger demand from the euro zone, signalling that Europe's largest economy may be gaining steam as the year comes to an end. The data, published a day after the European Central Bank surprised financial markets by announcing only modest monetary stimulus, suggested Germany...

  • *U.S. payrolls data, OPEC meeting add note of caution. LONDON, Dec 4- The gap between 10- year U.S. and German bond yields narrowed to its tightest in about a month on Friday, as investors bet that a divergence in monetary policy between the ECB and U.S. Euro zone bond yields have fallen sharply in recent weeks on talk of further stimulus from the European Central Bank, at a...

  • MANILA, Dec 4- Spot iron ore prices fell to a fresh 10 year low below $40 a tonne on Friday and were set for their steepest weekly decline in five months as falling Chinese steel demand increased a global glut of the steelmaking raw material. More steel mills in China's Shanxi province have halted production due to shrinking demand and shortage of cash, industry...

  • *Gold gained nearly 1 pct after ECB announcement. LONDON, Dec 4- Gold edged lower on Friday as the dollar rebounded ahead of an eagerly awaited U.S. non-farm payrolls report, but looked set to snap a six-week losing streak. "The ECB announcement disappointed expectations and the immediate reaction of the euro reflected that, aiding gold in dollar terms," Mitsubishi...

  • LONDON, Dec 4- Copper, aluminium and other base metals rose on Friday as nervous investors bought back short positions ahead of a U.S. jobs report and an OPEC meeting. "People seem to be pre-positioning ahead of non-farm payrolls and OPEC, in case they throw up surprises," said Robin Bhar, head of metals research at Societe Generale in London. OPEC looked set to maintain...

  • *OPEC widely expected to maintain output. LONDON, Dec 4- Crude oil prices rose on Friday as OPEC ministers met in Vienna, while the dollar hovered near one-month lows a day after staging its largest one-day fall in nearly seven years. OPEC was not expected to change its unchanged output policy, but nervousness among traders and investors ran high.

  • VIENNA, Dec 4- German industrial group Thyssenkrupp launched a five-year program on Friday to improve the performance of its steel business amid worsening markets. "Following a strong focus on cost reduction measures in recent years and successful financial stabilization, the steel business now aims to maintain and continuously improve its performance,"...

  • PARIS, Dec 4- French sugar group Tereos said on Friday it was launching a tender offer for the remaining shares of its Tereos Internacional unit, with a view to delisting it from the Sao Paulo Stock Exchange during the second quarter of 2016.. Tereos is offering 65 reais per Tereos Internacional share, a valuation which is subject to review by an independent...

  • LONDON, Dec 4- Emerging stocks fell to 2-1/ 2- week lows on Friday while most currencies slipped on disappointment over the European Central Bank's stimulus package, although central European assets retraced some of the previous day's sharp losses. "Some of the consensus positions in recent weeks have been the euro as a funding currency of choice but...

  • *Iran expects OPEC to maintain policy. VIENNA, Dec 4- OPEC looked unlikely to take steps to cut oil production to lift languishing prices at a meeting on Friday, potentially worsening one of the worst crude gluts in history. The Saudis have previously said they would be prepared to consider a cut only if OPEC members Iraq and Iran agreed to cooperate and non- OPEC...