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  • UPDATE 3-Buffett's Berkshire buys P&G's Duracell Thursday, 13 Nov 2014 | 12:09 PM ET

    *Buffett to return $4.7 billion worth of shares to P&G. Nov 13- Warren Buffett's Berkshire Hathaway Inc said on Thursday it would buy Procter& Gamble Co's Duracell battery unit in a stock swap, taking over a business the billionaire has supported for nearly two decades. The addition of Duracell, whose batteries are known for their copper-colored tops, gives...

  • By Oludare Mayowa and Chijioke Ohuocha. LAGOS, Nov 13- Nigeria's naira currency fell 2.7 percent against the dollar on Thursday, despite central bank intervention, with foreign investors also selling bonds and stocks as the price of oil tumbled to a four-year low, dealers said. This has led to increased expectations of a tightening of monetary policy- to help draw...

  • Nov 13- Wal-Mart Stores Inc same-store sales, helped by lower gas prices, rose for the first time in seven quarters, but the world's largest retailer warned it was preparing for a bruising holiday season as it moves to match prices with online outlets. Wal-Mart said on Thursday comparable sales at stores open at least 12 months rose 0.5 percent in the third quarter...

  • MARCATO SAYS BNY MELLON STAKE TOTALS $688 MILLION AS OF SEPTEMBER 30.

  • ACTIVIST HEDGE FUND MARCATO CAPITAL MANAGEMENT TAKES STAKE IN BANK OF NEW YORK MELLON- REGULATORY FILING.

  • Letter from North Dakota: The Oil Party Rocks On Thursday, 13 Nov 2014 | 12:06 PM ET

    WILLISTON, N.D., Nov 13- Falling oil prices have spooked Wall Street and even parts of Texas. But in North Dakota's booming oil patch, the crude-fueled party carries on. "The oil price drop is a topic of discussion here," said Joel Lundeen, an owner of The Bakken Club, a $5,000 initiation fee dining establishment in Williston, the de facto capital of the state's oil boom "But...

  • UPDATE 1-Russia's Gazprom put 2015 investments at $18 bln Thursday, 13 Nov 2014 | 11:59 AM ET

    *Gazprom to start research for new gas route to China. MOSCOW, Nov 13- Russia's Gazprom will invest 839.2 billion roubles next year, the bulk for development of the Yamal peninsula gas deposits and also including research for a new gas pipeline route to China, the company said on Thursday. Gazprom signed a memorandum at the weekend that it hopes will lead to...

  • Hachette and Amazon reach agreement for eBook sales Thursday, 13 Nov 2014 | 11:58 AM ET

    Nov 13- Hachette Book Group and Amazon.com Inc said on Thursday they reached a multi-year agreement for eBook and print book sales after months of acrimonious fighting pitting authors, agents and publishers against the world's largest online retail store. Amazon, which earlier pulled several of Hachette's books from its inventory, will immediately resume...

  • Airlines mine customer data in marketing drive Thursday, 13 Nov 2014 | 11:57 AM ET

    "The airlines know so much more about individual customers, it's such an exciting opportunity," Michael O'Leary, the chief executive of low-cost carrier Ryanair, said at a travel conference in Berlin. Lufthansa, meanwhile, is investing in an innovation hub in Berlin. He said Ryanair wanted to use information it has on how often people travel, where to and who with, to...

  • NEW DELHI/ WASHINGTON/ GENEVA, Nov 13- India and the United States settled a dispute on Thursday that had paralysed the World Trade Organization and risked derailing a $1 trillion package of reforms of global customs procedures. That put the WTO's future in doubt just months after it appeared to have overcome decades of stalemate on the issue at a meeting in Bali...

  • WASHINGTON, Nov 13- In a paradoxically good development for the U.S. economy, Americans quit their jobs in September at the fastest rate in over six years. Two percent of U.S. job-holders, or about 2.8 million workers, left their jobs under their own volition in September, the Labor Department said. Second, Federal Reserve Chair Janet Yellen has signaled the quits...

  • KURDISTAN REGIONAL GOV'T SPOKESMAN SAYS WILL CONTINUE TO EXPORT CRUDE THROUGH OWN PIPELINE, WILL HAND NO CONTROL OVER EXPORTS TO BAGHDAD.

  • *OPEC says demand for its crude will drop next year. LONDON, Nov 13- Brent crude fell to a four-year low below $79 a barrel on Thursday after Chinese data showed further economic slowdown, Saudi Arabia kept silent about a possible cut in production and crude stocks built up at a key U.S. delivery point. Brent crude for December was down by $1.40 at $78.98 a barrel by 1615...

  • Starboard-controlled Darden board scraps poison pill Thursday, 13 Nov 2014 | 11:39 AM ET

    Nov 13- Darden Restaurants Inc said it would revise management pay, ditch its poison pill and make it easier for shareholders to call special meetings as activist investor Starboard Value LP puts its stamp on the owner of the Olive Garden restaurant chain. The latest changes were what Starboard had campaigned for in its months-long battle with the...

  • TOKYO/ DETROIT, Nov 13- Japan's Takata Corp is the subject of a U.S. criminal investigation over defective car air bags that have been linked to five deaths, a spokesman said on Thursday. A federal grand jury in U.S. District Court for the Southern District of New York has subpoenaed Takata's U.S. unit to produce documents on the air bag defects, the spokesman said in...

  • KURDISTAN REGIONAL GOV'T SPOKESMAN SAYS DELEGATION WILL GO TO BAGHDAD SOON TO HAMMER OUT MORE COMPREHENSIVE OIL DEAL.

  • WASHINGTON, Nov 13- The U.S. House of Representatives plans to vote on a bill to approve the Keystone XL oil pipeline on Friday, a congressional aide said on Thursday as lawmakers prepared to debate the controversial project. The Senate could take up the bill next week, possibly on Tuesday, setting up a potential showdown with the White House. President Barack Obama...

  • KURDISTAN REGIONAL GOV'T SPOKESMAN CONFIRMS DEAL REACHED WITH BAGHDAD TO EASE TENSIONS OVER OIL EXPORTS, PAYMENTS.

  • METALS-Copper edges lower after weak Chinese data Thursday, 13 Nov 2014 | 11:05 AM ET

    *China factory growth dips, investment growth hits 13- year low. *China nickel output may slide 10 pct next year- Antaike. LONDON, Nov 13- Copper fell on Thursday after weak economic data in top metals consumer China and U.S. jobs data that missed forecasts fanned worries about global base metals demand.

  • *Berkshire Hathaway to buy Duracell from Procter& Gamble. NEW YORK, Nov 13- U.S. stocks advanced modestly on Thursday to send the Dow and S&P to new record intraday highs following earnings from Wal-Mart and data on the labor market. Wal-Mart shares climbed 3.4 percent to $81.92 as one of the biggest boosts to both the Dow and S&P 500 after the retail giant posted a 2.9...